REGISTERED REGISTERED COMPANY COMPANY NUMBER: NUMBER: 01839079 01839079 (England (England and and Wales) Wales) REGISTERED REGISTERED CHARITY CHARITY NUMBER: NUMBER: 516057 516057
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES AND AND
UNAUDITED UNAUDITED FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR FOR THE THE YEAR YEAR ENDED ENDED 31[31] MARCH MARCH 2024[2024]
FOR FOR
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
7
LDP LDP Luckmans[Luckmans] 1110 1110 Elliott Elliott Court Court Coventry Coventry Business Business Park Park Herald Herald Avenue Avenue Coventry Coventry West West Midlands Midlands CV5 CV5 6UB 6UB
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
CONTENTS CONTENTS OF OF THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS for for the[the] year year ended ended 31[31] March March 2024 2024
| Page Page |
|||
|---|---|---|---|
| Report of the Trustees Report ofthe Trustees |
1 1 |
to to |
4 4 |
| Independent Examiner's Report Independent Examiner's Report |
5 5 |
||
| Statement of Financial Activities Statement of Financial Activities |
6 6 |
||
| Balance Sheet Balance Sheet |
7 7 |
to to |
8 8 |
| Notes to the Financial Statements Notes to the Financial Statements |
9 9 |
to to |
15 15 |
| Detailed Statement of Financial Activities DetailedStatementofFinancialActivities |
16 16 |
to to |
17 17 |
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES for for the[the] year year ended ended 31[31] March March 2024 2024
The The trustees trustees who who are are also also directors[directors] of[of] the the charity[charity] for for the the purposes purposes of[of] the the Companies Companies Act Act 2006, 2006, present present their their
report report with with the the financial financial statements statements of of the the charity charity for for the the year year ended ended 31 31 March March 2024. 2024. The The trustees trustees have have
adopted adopted the the provisions provisions of of Accounting Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of of Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing their their accounts accounts in in accordance accordance with with the the Financial Financial Reporting Reporting Standard Standard
applicable applicable[in] in the the UK UK and and Republic Republic of[of] Ireland[Ireland] (FRS (FRS 102) 102) (effective (effective[1] 1 January January 2019). 2019).
OBJECTIVES OBJECTIVES AND AND ACTIVITIES ACTIVITIES Objectives Objectives and[and] aims aims The trust's objectives are[to] develop St Peter's College Saltley for the benefit[of] the community and local The trust's objectives are to develop St Peter's College Saltley for the benefit of the community and _ local
residents. residents. The The policies policies adopted adopted in in furtherance furtherance of of these these objects objects are are provide provide a a cohesive cohesive unit[unit] of[of] housing, housing,
educational, educational, vocational, vocational, and and recreational recreational activities activities on on the the site site of[of] St[St] Peter's Peter's Urban Urban Village Village and and there there has[has] been been
no no change[change] in[in][these] these[policies] policies during[during][the] the[year] year Public Public[benefit] benefit All All[of] of the the charitable charitable activities activities support support the the trust's trust's aim aim to[to] develop develop St[St] Peter's Peter's College[College] Saltley Saltley for[for] the the benefit benefit of[of] the the
community community and and local local residents. residents. These These activities activities are are undertaken undertaken to to further further the the charitable charitable purposes purposes for for the the
public public benefit. benefit. The The trustees trustees confirm confirm that[that] the the charitable charitable aims aims satisfy satisfy the the principles[principles] of[of] the the public[public] benefit[benefit] in[in] the the Charities Charities Act Act 2006. 2006.
Page Page 1[1]
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST REPORT REPORT OF[OF] THE[THE] TRUSTEES[TRUSTEES] for for the[the] year year ended ended 31[31] March March 2024 2024 ACHIEVEMENT ACHIEVEMENT AND[AND] PERFORMANCE[PERFORMANCE] Charitable Charitable activities activities
The The Trust Trust continues continues to[to] serve serve the the local local community community by by granting granting short short and and long-term long-term leases leases to to various various training training
organisations, organisations, housing housing associations associations and and charities charities including:[including:]
further further Women Women office officeEmpowering Empoweringunder under Women Women Women WomenEmpowering Empowering who who run run a a Women Women local local pantry pantry C.I.C. C.I.C. two two who who days days give give per per advice, advice, week week hold hold have have sewing, sewing, expanded expanded healthy healthy and and eating eating now now lease lease cookery cookery a a
and and dance dance classes. classes. For For a a small small weekly weekly subscription, subscription, members members at at the the WEW WEW Pantry Pantry Saltley Saltley can can purchase purchase a a
weekly weekly food food shop shop including including fresh fresh fruit fruit and and vegetables vegetables and and family[family] favourites favourites to to stock stock up up the the cupboard cupboard and and fridge. fridge. A A Pantry Pantry is is member-run; member-run; operate operate along along cooperative cooperative lines, lines, and and many many volunteers volunteers are are members members too. too.
They They are are open open to[to] all; all; you you[don't] don't need need a a referral referral - - anyone anyone who who lives lives in in an an area area served served by by a a Pantry Pantry can can _ join. join.
Members Members can can join join for for as as long long as as they they want want and and can can choose choose to[to] go go every every week week or or just just occasionally. occasionally.
Women Women Empowering Empowering Women's Women's group group is is an an active, active, culturally culturally diverse, diverse, voluntary voluntary group group of of local local community community
women women[that] that offer[offer] a[a] range range[of] of[cultural,] cultural,[social] social and[and] arts arts activities[activities] for[for] women, women, children,[children,] and[and] the the wider[wider] community community
across across[Washwood] Washwood Heath, Heath, Saltley, Saltley, Bordesley Bordesley Green Green and and the the surrounding[surrounding] areas areas of[of] Birmingham. Birmingham. The The aim aim is[is] to to
engage engage women women and[and][families] families[from] from diverse[diverse] backgrounds[backgrounds] who who may may be be vulnerable vulnerable or or at at risk risk from from isolation, isolation, to to socialise socialise[and] and engage engage with[with] activities activities that[that] increase increase self-confidence[self-confidence] and and advocate advocate well-being. well-being
Blenducate Blenducate and and Qualify Qualify Courses Courses are are now now back back on on as as normal normal with with the the children children attending attending classes classes full full time. time.
They They tutor tutor children children who who do do not[not] have have access access to[to] mainstream mainstream education education or or are are home-schooled. home-schooled. They They also also offer offer
tutoring tutoring services services for for students students who who require require additional additional support support outside outside of of school school or or towards towards their their 11plus 11 plus or or SAT SAT
exams. exams.[Blenducate] Blenducate are are[looking] looking to[to] expand[expand][in] in the[the] future[future] and[and] are are looking[looking] at[at] other[other][ accommodation] accommodation on on site.[site.]
St St Peters Peters (Saltley) (Saltley) Housing Housing have have continued continued to to support support their their tenants tenants remotely remotely and and are are now now on on site site two two days days per per
week week and and other other times times when when required. required. Staff Staff continue continue to to offer offer support support working working from from home. home. The The Housing Housing Association Association have have also also welcomed welcomed a a new new[C.E.O.] C.E.O. This[This] is[is] a a small[small] community-based[community-based] non-profit non-profit making making registered registered
social social landlord, landlord, registered registered[with] with the the Housing Housing Corporation Corporation and and is is also also an an independent independent charity charity set set up up under under Industrial Industrial and and Provident Provident Society Society rules. rules. St St Peters Peters is is committed committed to to providing providing good good quality quality housing housing and and
responsive responsive services services and and providing providing services services that that will will enhance enhance and and improve improve the the quality quality of[of] life life for for residents residents in[in] the the
Saltley Saltley area. area. They They currently currently provide provide on-site on-site flats flats for for general general housing, housing, disabled disabled and and warden-controlled warden-controlled units units
and and[using,] using, free free of of charge, charge, Trust Trust land land running running alongside alongside the the railway railway line line as as allotments allotments for for their their tenants tenants who who
raise raise their their crops crops of of flowers flowers and and vegetables. vegetables. The The housing housing association association are are looking[looking] to[to] reduce[reduce] office[office] costs[costs] and and
are are[exploring] exploring[the] the idea[idea] of[of] reducing[reducing][their] their office[office] accommodation[accommodation] in[in] the[the][ future.] future.
Home Home Group Group is[is] one one of[of] the the leading leading providers providers of[of] affordable affordable social[social] housing housing for for people people in[in] the the UK. UK. They They provide provide to to
main main services services for for local local communities communities - - Housing Housing and and care care and and support. support.
The The care care and and support support is is delivered delivered through through Stonham Stonham who who are are England's England's largest largest provider provider of of housing housing and and
support support for for vulnerable vulnerable and and socially socially excluded excluded people. people.
Adderley Adderley[House] House currently currently houses houses people people with with mental mental health health problems, problems, learning learning difficulties difficulties and and physical physical difficulties. difficulties. Tenants Tenants are are offered offered quality[quality] care care and and support support services services personalized personalized to to respond respond to to the the individual individual circumstances. circumstances. The The Village Village Community Community Nursery Nursery are are now now taking taking private private as as well[well] as as funded funded children children and and are are now now open open fulltime fulltime outside outside[of] of term term[time.] time. The The Village Village Community Community Nursery Nursery is[is] a a registered registered charity[charity] which which offers offers affordable affordable pre-school pre-school and and out out[of] of school school activities activities for for children children from from Birmingham Birmingham and and surrounding[surrounding] area. area. The The nursery nursery operates[operates] five five days days a a week week all[all] year year round round except except for for bank bank holidays. holidays. A A maximum maximum of[of] 50 50 children children may may attend attend the the nursery nursery at[at] any any one one[time] time the[the] age age range range is[is] from[from] birth[birth] to[to] five.[five.] The[The] setting[setting] also[also] supports[supports] children[children] with[with] learning[learning] difficulties[difficulties] and/or and/or disabilities disabilities and and a a high high[number] number of of children children who who speak speak English English as as an an additional additional language. language. They They currently currently employ employ members members of[of] staff staff mainly[mainly] from[from] the the local local area area and and have have developed developed partnerships partnerships with[with] parents[parents] and[and] carers carers and and have have links links with[with] other other providers providers in[in] the the community. community. Children Children benefit benefit from[from] being[being] cared cared for[for] by[by] qualified[qualified] staff staff who who are are friendly friendly and and are are able able to[to] speak speak the the community community languages languages which which creates creates an an inclusive[inclusive] environment.[environment.] During During the the year year the the green green has has been been used used by by local local schools schools including including The The Rosary, Rosary, St[St] Saviours Saviours and and Shaw Shaw Hill Hill who who carry carry out out P.E.[P.E.] classes, classes,[activities,] activities, and and sports sports days.[days.]
Page Page 2[2]
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ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
REPORT REPORT OF[OF] THE THE TRUSTEES TRUSTEES for for the[the] year year ended ended 31[31] March March 2024 2024
The The Old Old Salts[Salts] were were welcomed welcomed back back on on site site in[in] July July 2023 2023 where where they they used used the the Housing Housing Association Association meeting meeting
room room[(formerly] (formerly[the] the[dining] dining hall)[hall)][within] within[the] the grade[grade] II[II] listed[listed] building[building] of[of] the[the] Old[Old] Quad[Quad] and[and] made[made] use use of[of] the[the] Trust[Trust]
grounds grounds for for parking parking with[with] a a marquee marquee on on the the field. field.
Andulus Andulus Archery Archery have have continued continued[with] with their their Archery Archery lessons lessons on on the the green green and and are are now now back back to[to] normal normal with with their their lessons lessons on on site.[site.] Andalus Andalus Archers Archers were were established established with with the the assistance assistance of of St St Peter's Peter's Urban Urban Village Village Trust, Trust,
Gym Gym Nation Nation and and ISRA ISRA Feed Feed the the Poor Poor over over 12[12] years years ago. ago. The The Trust Trust allowed allowed them them to[to] use use the the Green Green to[to] revive revive
the the ancient ancient English English tradition tradition[of] of Archery Archery on on the the Green. Green. They They are are currently currently affiliated affiliated to[to] Archery Archery GB GB who who are are the the
sport sport[governing] governing body body and and have have achieved achieved the the On-Target On-Target Club Club status. status. The The club club continues continues to[to] arrange arrange beginner's beginner's
courses courses and[and] archery[archery] sessions[sessions][for] for local[local] people.[people.]
The The Finance Finance and and Management Management Committee Committee continue continue to to meet meet remotely remotely and and on on site site ten ten times times per per annum annum to to
oversee oversee[the] the[continued] continued improvement[improvement] of[of] St.[St.] Peters[Peters] in[in] accordance accordance with[with] the[the] planned[planned] maintenance[maintenance] schedules schedules and and
against against the the agreed agreed budget. budget. The The Trust Trust to[to] reduce reduce costs costs are are looking looking to[to] move move into[into] smaller smaller premises premises in in the the future. future.
They They will will also also be be looking looking at at replacing replacing lighting lighting with with more more efficient[efficient] led led fittings fittings in in their their building building along along with with
replacing replacing the the windows windows with with double double glazing glazing to[to] save save on on running running costs.[costs.] In In the the future[future] they they will will also also be be looking looking at at
solar solar energy energy to to assist assist in in bringing bringing costs costs down down further. further.
STRUCTURE, STRUCTURE,[GOVERNANCE] GOVERNANCE AND MANAGEMENT AND MANAGEMENT
Governing Governing document document
The The[charity] charity[is] is controlled controlled by[by] its[its] governing governing document, document, a a deed deed of[of] trust,[trust,] and and constitutes constitutes a a limited[limited] company, company, limited limited
by by guarantee, guarantee, as as defined defined by by the the Companies Companies Act Act 2006. 2006.
REFERENCE REFERENCE AND AND ADMINISTRATIVE ADMINISTRATIVE DETAILS DETAILS
Registered Registered Company Company number number 01839079 01839079 (England (England and and Wales) Wales)
Registered Registered Charity Charity number number
516057 516057
Registered Registered office office
Burrows Burrows Building Building Bridge Bridge Road Road
Saltley Saltley
Birmingham Birmingham
B8 B8 3TE 3TE
Trustees Trustees K K T T Hazeldene Hazeldene D D Burke Burke J JN N Butcher Butcher J JRC R C Davies Davies R R J J Harrison Harrison A A Thompson Thompson
Company Company Secretary Secretary
C C S S Coppage Coppage Independent Independent Examiner Examiner
M M[D] D Spafford Spafford LDP LDP Luckmans Luckmans 1110 1110 Elliott Elliott Court Court
Coventry Coventry Business Business Park Park
Herald Herald Avenue Avenue
Coventry Coventry West West Midlands Midlands
CV5 CV5 6UB 6UB
Approved Approved[by] by order order[of] of the the board board of[of] trustees trustees ON on ..........cccecseeeseeseeteeeeeees . aNd and Signed signed on on its[its] behalf behalf by:[by:]
Page Page 3[3]
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
REPORT REPORT OF OF THE THE TRUSTEES TRUSTEES for for the[the] year year ended ended 31[31] March March 2024[2024]
R R J J Harri Harrigon/-|Trustee n- rustee
Page Page 4[4]
||
|
INDEPENDENT INDEPENDENT EXAMINERS EXAMINER'S REPORT TO REPORT[TO] THE THE TRUSTEES TRUSTEES OF[OF] ST, ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST Independent Independent examiner's examiner's report[report] to[to] the the trustees trustees of[of] St.[St.] Peter's[Peter's] Urban Urban Village[Village] Trust Trust (‘the (the Company’) Company') I31 |31 report report March March to to2024. 2024. the the charity charity trustees trustees on on my my examination[examination] of of the the accounts accounts of of the the Company Company for for the the year year ended ended Responsibilities Responsibilities and and basis basis of[of] report report . As As responsible responsible[the] the[charity's] charity'sfor for the the trustees trusteespreparation preparationof[of] the the of ofCompany Company the the accounts accounts (and (and also also in in accordance accordanceits its directors directors with with for for the the the the requirements requirements purposes purposes of of company company of of the the Companies Companies law) law) you you Actare Actare 2006 2006 ('the (‘the 2006 2006 Act’). Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Palt 16 of the 2006 Having Act satisfied and are myself[eligible] that for the independent accounts of examination, the Company report are not[in] respect required[of] to be my audited examination under of Part your 16 charity's of the accounts 2006 Act and as[carried] are eligible out under for independent Section 145 exarnination, of the Charities | report Act in respect 2011 ('the of my 2011 examination Act'). In of carrying your charity's out my accounts examination examinationas I |carriedhave have followed followed out underthe the SectionDirections Directions 145 given givenof theby by Charitiesthe the Charity Charity ActCommission Commission 2011 (‘the under under 2011 Act).Section Section In 145(5) 145(5) carrying(b)[(b)] outof[of] the the my 2011 20114[Act.] Act. Independent independent examiner's examiner's statement statement I | have have completed completed my my examination. examination. | I confirm confirm that that no no matters matters have have come come to to my my attention attention ain in connection connection ; with with ; the the examination examination giving giving me me cause cause to to believe: believe: 1. accounting accounting records records were were not not kept kept in in respect respect of of the the Company Company as as required required by by Section Section 386 386 of of the[the] 2006 2006 Act; Act; or or 2. 2. the the accounts accounts do do not not accord accord with with those those records; records; or or 3. 3. the thanthe thanaccounts accountsany any requirement requirement do do not not comply comply that that the the with withaccounts accounts the the accounting accounting give give a a true true requirements requirements and and fair fair view view of of which which Section Section is is not not 396 396 a a of of matter[matter] the the 2006 2006 considered considered Act Act other other as as 4, 4, their theirthe theof of part part Recommended Recommendedaccounts accountsof of accounts accountsan an independent independent have have in in accordance accordance Practice Practice not not examination: been examination;been for for prepared prepared with withaccounting accounting the the or or Financial Financialin in accordance accordance and and reporting reporting Reporting Reporting with with by by the the Standard Standard charities charities methods methods applicable applicable (applicable (app'icable and and principles principles ,in in to to the the charities charities UK UK of of the the and and Statement Statement preparing preparing Republic Republic of of lreland Ireland (FRS (FRS 102)), 102)). I have no concerns and have come across no other matters in connection with[the] examination to which attention attention| have no should shouldconcerns be be drawn drawn and havein in this this come report reportacrossin in order order no otherto to enable enable mattersa a properin proper connectionunderstanding understanding with the of of examinationthe the accounts accounts to to to whichbe be reached* reached.
,
.
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M MD[D][Spafford] Spafford
LDP LDP Luckmans Luckmans
1110 1110 Elliott Elliott court Court
Coventry Coventry Business Business Park Park
Herald Herald Avenue Avenue
Coventry Coventry
West West Midlands Midlands
C\/5 CV5 6UB GUB
Date: Date: 28-7. VG vuMadk.. 28 de
Date:
page Page 5[5]
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
STATEMENT STATEMENT OF[OF] FINANCIAL[FINANCIAL] ACTIVITIES[ACTIVITIES] for for the[the] year year ended ended 31[31] March March 2024[2024]
| 2024 2024 |
2023 2023 |
||
|---|---|---|---|
| Unrestricted funds Unrestricted funds |
Total funds Total funds |
||
| Notes Notes |
£ | a | |
| INCOME AND ENDOWMENTS FROM INCOME AND ENDOWMENTS FROM |
|||
| Donations and legacies Donations and legacies |
1,000 1,000 |
- | |
| Charitable activities Charitable activities |
|||
| Charitable activities Charitable activities |
201,519 201,519 |
191,004 191,004 |
|
| Investment income Investment income |
2 2 |
33,392 33,392 |
23,463 23,463 |
| Total Total |
235,911 235,911 |
214,467 214,467 |
|
| EXPENDITURE ON EXPENDITURE ON |
|||
| Raising funds Raising funds |
3 3 |
5,840 5,840 |
5,621 5,621 |
| Charitable activities Charitable activities |
|||
| Charitable activities Charitable activities |
85,236 85,236 |
86,227 86,227 |
|
| Total Total |
91,076 91,076 |
91 ,848 91,848 |
|
| Net gains/(losses) on investments Net gains/(losses) on investments |
76,096 76,096 |
(75,439) (75,439) |
|
| NET INCOME NET INCOME |
220,931 220,931 |
47,180 47,180 |
|
| RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS |
|||
| Total funds brought forward Total funds brought forward |
1,935,538 1,935,538 |
1,888,358 | |
| TOTAL FUNDS CARRIED FORWARD TOTALFUNDSCARRIEDFORWARD |
2,156,469 2,156,469 |
1,935,538 |
The The notes notes form form part[part] of[of] these these financial financial statements statements Page Page 6[6]
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
BALANCE BALANCE SHEET[SHEET] 31 31 March March 2024 2024
| BALANCE [SHEET] 31 March 2024 BALANCE SHEET 31 March 2024 |
|||
|---|---|---|---|
| 2024 2024 |
2023 2023 |
||
| Unrestricted funds Unrestricted funds |
Total funds Total funds |
||
| Notes Notes |
E | £ | |
| FIXED ASSETS FIXED ASSETS |
|||
| Tangible assets Investments Tangible assets Investments |
7 8 7 8 |
403,494 1,157,152 403,494 1,157,152 |
403,494 1,064,689 403,494 1,064,689 |
| 1 ,560,646 1,560,646 |
1,468,183 1,468,183 |
||
| CURRENT ASSETS CURRENTASSETS |
|||
| Debtors Cash at bank and in hand Debtors Cash at bank and in hand |
9 9 |
117,748 554,121 117,748 554,121 |
140,468 397,984 140,468 397,984 |
| 671,869 671,869 |
538,452 538,452 |
||
| CREDITORS CREDITORS |
|||
| Amounts falling due within one year Amounts falling duewithin one year |
10 10 |
(76,046) (76,046) |
(71,097) (71,097) |
| NET CURRENT ASSETS NETCURRENTASSETS |
595,823 595,823 |
467,355 467,355 |
|
| TOTAL ASSETS LESS CURRENT TOTAL ASSETS LESS CURRENT |
|||
| LIABILITIES LIABILITIES |
2,156,469 2,156,469 |
1,935,538 1,935,538 |
|
| NET ASSETS NETASSETS |
2,156,469 2,156,469 |
1,935,538 1,935,538 |
|
| FUNDS FUNDS |
11 11 |
||
| Unrestricted funds Unrestricted funds |
2,156,469 2,156,469 |
1,935,538 1,935,538 |
|
| TOTAL FUNDS TOTALFUNDS |
2,156,469 2,156,469 |
1,935,538 |
The The charitable charitable company company is is entitled entitled to[to] exemption exemption from from audit[audit] under under Section Section 477 477 of[of] the the Companies Companies Act Act 2006 2006 for for
the the year year ended ended 31[31] March March 2024. 2024.
The The members members have have not not required required the the company company to[to] obtain obtain an an audit[audit] of[of] its its financial financial statements statements for for the the year year ended ended
31 31 March March 2024 2024 in in accordance accordance with with Section Section 476 476 of of the the Companies Companies Act Act 2006. 2006.
The The trustees trustees acknowledge acknowledge their their responsibilities responsibilities for for
(a) (a) — ensuring ensuring that[that] the the charitable charitable company company keeps keeps accounting accounting records records that[that] comply comply with[with] Sections Sections 386 386 and and 387 387 of of the the Companies Companies Act Act 2006 2006 and and
(b) (b) preparing preparing financial financial statements statements which which give give a a true[true] and and fair fair view view of[of] the the state state of[of] affairs affairs of of the the charitable charitable
company company as as at[at] the[the][end] end of[of] each[each] financial[financial] year year and[and] of[of] its[its] surplus surplus or or deficit deficit for[for] each each financial financial year year in in accordance accordance with with the the requirements requirements of of Sections Sections 394 394 and and 395 395 and and which which otherwise otherwise comply comply with with the the
requirements requirements of of the the Companies Companies Act Act 2006 2006 relating relating to to financial financial statements, statements, so so far[far] as as applicable[applicable] to to the the charitable charitable company. company.
The The notes notes form form part[part] of[of] these these financial financial statements statements Page Page 7[7]
continued... continued..
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
- BALANCE BALANCE SHEET[SHEET] - continued continued 31 31 March March 2024 2024
These These financial financial statements statements have have been been prepared prepared in in accordance accordance with with the the provisions provisions applicable applicable to to charitable charitable
companies companies subject subject to[to] the the[small] small companies companies regime.[regime.]
The The financial financial statements statements were were approved approved by by the the Board Board of of Trustees Trustees and and authorised authorised for for issue issue on on
. and were signed on its behalf[by:]
he a.[70] One Foo and were signed on its behalf by:
i ’ | RJ RJ H[H] arriso[rriéo] - - Trustee Trustee
The The notes notes form[form] part[part] of[of] these these financial financial statements statements Page Page 8[8]
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS for for the[the] year year ended ended 31[31] March March 2024[2024]
1. 1. ACCOUNTING ACCOUNTING POLICIES[POLICIES]
Basis Basis[of] of preparing preparing the[the] financial financial statements statements The The financial financial statements statements of of the the charitable charitable company, company, which which is is a a public public benefit benefit entity entity under under FRS FRS 102, 102, have have been been prepared prepared in in accordance accordance with with the the Charities Charities SORP SORP (FRS (FRS 102) 102) ‘Accounting 'Accounting and and Reporting Reporting by by Charities: Charities: Statement Statement of of Recommended Recommended Practice Practice applicable applicable to to charities charities preparing preparing their their accounts accounts in in accordance accordance[with] with the[the] Financial[Financial][Reporting] Reporting Standard[Standard] applicable[applicable] in in the the UK UK and and Republic Republic of of Ireland Ireland (FRS (FRS
102) 102) (effective (effective 1 1 January January 2019)', 2019)', Financial Financial Reporting Reporting Standard Standard 102 102 'The 'The Financial Financial Reporting Reporting Standard Standard
applicable applicable in in the the UK UK and and Republic Republic of of Ireland' Ireland' and and the the Companies Companies Act Act 2006. 2006. The The financial financial statements statements have have been been prepared prepared under under the the historical historical cost cost convention, convention, with[with] the the exception exception of[of] investments[investments] which[which] are are
included included at[at] market market value,[value,] as as modified modified by[by] the the revaluation revaluation of[of] certain[certain] assets. assets.
At At the the time time of[of] approving approving the the accounts, accounts, the the trustees trustees have have a a reasonable reasonable expectation expectation that that the the trust trust has has
adequate adequate resources resources to to continue continue in in operational operational existence existence for for the the foreseeable foreseeable future. future. The The trustees trustees therefore therefore continue continue to to adopt adopt the the going going concern concern basis basis of of accounting accounting in in preparing preparing the the financial financial
statements. statements. In In making making this this assessment, assessment, the the trustees trustees are are required required to[to] consider consider a a period period of[of] at[at] least least 12 12 months months[from] from the the[date] date of[of] approval[approval] of[of] the the financial financial statements. statements.
Financial Financial reporting reporting standard standard 102 102 - - reduced reduced disclosure disclosure exemptions exemptions The The charitable charitable company company has has taken taken advantage advantage of[of] the the following following disclosure disclosure exemption exemption in[in] preparing preparing these these financial financial statements, statements, as as permitted permitted by by FRS FRS 102 102 'The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK
and and Republic Republic of[of] Ireland’:[Ireland'•]
e the the requirements requirements of[of] Section Section 7[7] Statement Statement of[of] Cash Cash Flows. Flows.
Preparation Preparation[of] of consolidated consolidated financial financial statements statements
The The financial financial statements statements contain contain information information about about St.[St.] Peter's Peter's Urban Urban Village Village Trust Trust as as an_ an individual individual
company company and[and] do[do] not[not][contain] contain consolidated[consolidated] financial[financial] information[information] as as the[the] parent[parent] of[of] a[a] group. group. The[The] charity[charity] is is
exempt exempt under under Section Section 399(2A) 399(2A) of of the the Companies Companies Act Act 2006 2006 from from the the requirements requirements to to prepare prepare consolidated consolidated financial financial statements. statements.
Critical Critical accounting accounting judgements judgements and and key key sources sources of of estimation estimation uncertainty uncertainty In In the the application application of of the the trust's trust's accounting accounting policies, policies, the the trustees trustees are are required required to to make make judgements, judgements,
estimates estimates and and assumptions assumptions about about the the carrying carrying amount amount of of assets assets and and liabilities liabilities that that are are not not readily readily
apparent apparent from from other other sources. sources. The The estimates estimates and and associated associated assumptions assumptions are are based[based] on_ on historical historical experience experience and and other other factors factors that that are are considered considered relevant. relevant. Actual Actual results results may may differ differ from[from] these these estimates. estimates.
The The estimates estimates and and underlying underlying assumptions assumptions are are reviewed[reviewed] on on an an ongoing[ongoing] basis.[basis.] Revisions[Revisions] to[to] accounting[accounting]
estimates estimates are are recognised recognised in in the the period period in in which which the the estimate estimate is is revised revised where where the the revision revision affects affects only only
that that period, period, or or in in the the period period of of the the revision revision and and future future periods periods where where the the revision revision affects affects both both current current
and and future[future] periods.[periods.]
Income Income All All income income is[is] recognised recognised in in the the Statement Statement of of Financial Financial Activities Activities once once the the charity charity has has entitlement entitlement to to the the funds, funds,[it] it is is probable probable[that] that the the income income will will be be received received and and the the amount amount can can be be measured measured reliably. reliably.
Expenditure Expenditure Liabilities Liabilities are are[recognised] recognised as as expenditure expenditure as as soon soon as as there[there] is is a a legal legal or or constructive constructive obligation obligation committing committing the the charity[charity] to[to] that[that] expenditure, expenditure, it it is is probable probable that that a a transfer transfer of of economic economic benefits benefits will will be be required required in in settlement settlement and and the the amount amount of of the the obligation obligation can can be be measured measured reliably. reliably. Expenditure Expenditure is is accounted accounted for for on on an an accruals accruals basis basis and and has has been been classified classified under under headings headings that that aggregate aggregate all all cost cost related related to[to] the the category. category. Where Where costs costs cannot cannot be be directly directly attributed attributed to[to] particular particular headings headings they they have have been been allocated allocated[to] to activities activities on on a a basis basis consistent consistent with with the the use use of[of] resources. resources.
Tangible Tangible fixed[fixed] assets assets
Depreciation Depreciation is is provided provided at at the the following following annual annual rates rates in in order order to to write write off off each each asset asset over over its its estimated estimated
useful useful life. life.
Freehold Freehold property property - - in in accordance accordance with with the the property property
continued... continued..
Page Page 9[9]
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST - NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued continued for for the[the] year year ended ended 31[31] March March 2024[2024]
1. 4. ACCOUNTING ACCOUNTING POLICIES[POLICIES] - - continued continued
Tangible Tangible fixed[fixed] assets assets
Plant Plant and and machinery machinery - 15% 15% on on cost cost
Fixtures Fixtures and and fittings fittings - 15% 15% on on cost cost
The The gain gain or or[loss] loss arising[arising] on on the the disposal disposal of[of] an an asset[asset] is[is] determined[determined] as as the[the] difference[difference] between[between] the[the] sale[sale] proceeds proceeds and and the the carrying carrying value[value] of[of] the the asset,[asset,] and and is[is] recognised recognised in in net net income/(expenditure) income/(expenditure) for for the the
year. year.
The The financial financial statements statements have have departed[departed] from[from] the the Charities[Charities] (Accounts (Accounts and[and] Reports)[Reports)] Regulations[Regulations] 2008 2008 only only to[to] the the extent extent required required to to provide provide a a true true and and fair fair view.[view.] This This departure departure has has involved involved following following the the
Statement Statement of of Recommended Recommended Practice Practice for for charities charities applying applying FRS FRS 102 102 rather rather than than the the version version of of the the
Statement Statement of[of] Recommended Recommended Practice Practice which which is[is] referred referred to[to] in[in] the[the] Regulations[Regulations] but but which[which] has[has] since[since] been been withdrawn. withdrawn.
Related Related[party] party exemption exemption The The charitable charitable company company has has taken taken advantage advantage of of exemption, exemption, under under the the terms terms of of Financial Financial Reporting Reporting Standard Standard 102 102 'The 'The Financial Financial Reporting Reporting Standard Standard applicable applicable in in the the UK UK and and Republic Republic of of Ireland’, Ireland', not not to to disclose disclose related related[party] party transactions transactions with[with] wholly wholly owned owned subsidiaries subsidiaries within[within] the the group. group.
Taxation Taxation The The[charity] charity is[is] exempt exempt from from corporation corporation tax tax on on its[its] charitable charitable activities. activities.
Fund Fund accounting accounting Unrestricted Unrestricted funds funds can can be be used used in in accordance accordance with with the the charitable charitable objectives objectives at at the the discretion discretion of of the the trustees. trustees. Restricted Restricted funds funds can can only only be be used used for for particular particular restricted restricted purposes purposes within within the the objects objects of of the the charity. charity. Restrictions Restrictions arise arise when when specified specified by by the the donor donor or or when when funds funds are are raised[raised] for for particular particular restricted restricted purposes. purposes. Further Further explanation explanation of of the the nature nature and and purpose purpose of of each each fund fund is is included included in in the the notes notes to to the the financial financial statements. statements. Fixed Fixed asset asset investments investments Fixed Fixed asset asset investments investments are are initially initially measured measured at at transaction transaction price price excluding excluding transaction transaction costs, costs, and and are are subsequently subsequently measured measured at at fair fair value value at at each each reporting reporting date. date. Changes Changes in in fair fair value value are are recognised recognised in in net net income/(expenditure) income/(expenditure) for for the the year. year. Transaction Transaction costs costs are are expenses expenses as as incurred. incurred.
Investments Investments in in subsidiary subsidiary undertakings undertakings are are stated stated at at cost cost less less any any provision provision for for permanent permanent impairment impairment
in in value. value. A A subsidiary subsidiary is is an an entity entity controlled controlled by by the the trust. trust. Control Control is is the the power power to to govern govern the the financial financial and and operating operating policies[policies] of[of] the the entity entity so so as as to[to] obtain obtain benefits benefits from from its its activities. activities.
Impairment Impairment of of fixed fixed assets assets
At At each each reporting reporting date, date, the the trust trust reviews reviews the the carrying carrying amounts amounts of of its its tangible tangible assets assets to to determine determine
whether whether there there is is any any indication indication that that those those assets assets have have suffered suffered an an impairment[impairment] loss. loss. If If any any such such
indication indication exists, exists, the the recoverable recoverable amount amount of of the the asset asset is is estimated estimated in in order order to to determine determine the the extent extent of of the the impairment impairment[loss] loss (if[(if] any).[any).]
continued... continued.
Page Page 10[10]
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
- NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued continued for for the[the] year year ended ended 31[31] March March 2024 2024
2. 2. INVESTMENT INVESTMENT INCOME[INCOME]
| 2. 2. |
INVESTMENT [INCOME] INVESTMENT INCOME |
||
|---|---|---|---|
| 2024 2024 |
2023 2023 |
||
| £ | £ | ||
| Income from listed investments Income from listed investments |
23,269 23,269 |
23,139 23,139 |
|
| Deposit account interest Deposit account interest |
10,123 10,123 |
324 324 |
|
| 33,392 33,392 |
23,463 23,463 |
||
| 3. 3. |
RAISING FUNDS RAISING FUNDS |
||
| Investment managementcosts Investmentmanagement costs |
|||
| 2024 2024 |
2023 2023 |
||
| £ | £ | ||
| Portfolio management Portfoliomanagement |
5,840 5,840 |
5,621 5,621 |
-
- TRUSTEES' TRUSTEES’ REMUNERATION REMUNERATION AND AND BENEFITS BENEFITS There There were were no no trustees’[trustees'] remuneration remuneration or or other other benefits benefits for for the the year year ended ended 31[31] March March 2024 2024 nor nor for[for] the the year year ended[ended] 31[31][March] March 2023.[2023.]
Trustees’ Trustees' expenses expenses
| Trustees' expenses Trustees’ expenses |
||||
|---|---|---|---|---|
| 2021 2021 |
2020 2020 |
|||
| £ | £ | |||
| Trustees' expenses Trustees' expenses |
261 261 |
588 588 |
||
| 5. 5. |
STAFF COSTS STAFF COSTS |
|||
| The average monthly number of employees during the year was as follows: The average monthly number ofemployees during the yearwas as follows: |
||||
| 2024 2024 |
2023 2023 |
|||
| Administration Administration |
1 1 |
1 1 |
||
| No employees received emoluments in excess of €60,000. No employees received emoluments in excess of£60,000. |
||||
| 6. 6. |
COMPARATIVES FOR THE STATEMENTOF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES |
|||
| Unrestricted Unrestricted |
||||
| funds funds |
||||
| F | ||||
| INCOME AND ENDOWMENTS FROM INCOMEAND ENDOWMENTS FROM |
||||
| Charitable activities Charitable activities |
||||
| Charitable activities Charitable activities |
191,004 191,004 |
|||
| Investment income Investment income |
23,463 23,463 |
|||
| Total Total |
214,467 214,467 |
|||
| EXPENDITURE ON EXPENDITURE ON |
||||
| Raising funds Raising funds |
5,621 5,621 |
|||
| Charitable activities Charitable activities |
||||
| Charitable activities Charitable activities |
86,227 86,227 |
|||
| Total Total |
91,848 91,848 |
continued... continued..
Page Page 11[11]
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
| NOTES TO THE FINANCIAL STATEMENTS - continued for the yearended 31 March 2024 NOTESTOTHE FINANCIALSTATEMENTS- continued fortheyearended 31 March 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the yearended 31 March 2024 NOTESTOTHE FINANCIALSTATEMENTS- continued fortheyearended 31 March 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the yearended 31 March 2024 NOTESTOTHE FINANCIALSTATEMENTS- continued fortheyearended 31 March 2024 |
NOTES TO THE FINANCIAL STATEMENTS - continued for the yearended 31 March 2024 NOTESTOTHE FINANCIALSTATEMENTS- continued fortheyearended 31 March 2024 |
|||
|---|---|---|---|---|---|---|
| 6. 6. |
COMPARATIVESFOR THE STATEMENTOF FINANCIAL ACTIVITIES COMPARATIVES FORTHESTATEMENTOFFINANCIALACTIVITIES |
- continued -continued |
||||
| Unrestricted Unrestricted |
||||||
| funds funds |
||||||
| £ | ||||||
| Net gains/(losses) on investments Net gains/(losses) on investments |
(75,439) (75,439) |
|||||
| NET INCOME NET INCOME |
47,180 47,180 |
|||||
| RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward Total funds brought forward |
1,888,358 | |||||
| TOTALFUNDS CARRIED FORWARD TOTAL FUNDS CARRIED FORWARD |
1,935,538 1,935,538 |
|||||
| 7. Te |
TANGIBLE FIXED ASSETS TANGIBLE FIXEDASSETS |
|||||
| Fixtures Fixtures |
||||||
| Freehold | Plant and Plant and |
and and |
||||
| property property |
machinery machinery |
fittings fittings |
Totals Totals |
|||
| a | £ | £ | £ | |||
| COST COST |
||||||
| At 1 April 2023 and 31 March 2024 At 1 April 2023 and 31 March 2024 |
403,490 403,490 |
38,787 38,787 |
10,927 10,927 |
453,204 453,204 |
||
| DEPRECIATION DEPRECIATION |
||||||
| At 1 April 2023 and 31 March 2024 At 1 April 2023 and 31 March 2024 |
- | 38,785 38,785 |
10,925 10,925 |
49,710 49,710 |
||
| NET BOOK VALUE NET BOOKVALUE |
||||||
| At 31 March 2024 At 31 March 2024 |
403,490 403,490 |
2 2 |
2 2 |
403,494 403,494 |
||
| At 31 March 2023 At31March2023 |
403,490 403,490 |
2 2 |
2 2 |
403,494 403,494 |
Freehold Freehold property property includes includes investment investment properties properties which which are are included included at[at] historical historical cost cost less less depreciation depreciation
to to residual residual value. value.
In In the the opinion opinion of[of] the the trustees, trustees, the the fair fair value value of of the the freehold freehold property property may may be be greater greater than than its its historic historic cost cost but but they they consider consider that[that] a a valuation valuation would would be be materially[materially] consistent consistent with[with] the the historic historic cost. cost.
- FIXED FIXED ASSET ASSET INVESTMENTS INVESTMENTS
| FIXED ASSET INVESTMENTS FIXED ASSETASSET INVESTMENTS |
||
|---|---|---|
| 2024 2024 |
2023 2023 |
|
| £ | £ | |
| Shares Shares |
1,048,372 | 955,909 955,909 |
| Loans Loans |
108,780 108,780 |
108,780 108,780 |
| 1,157,152 1,157,152 |
1,064,689 |
continued... continued...
Page Page 12[12]
- FIXED FIXED ASSET ASSET INVESTMENTS INVESTMENTS - - continued continued
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued for for the[the] year year ended ended 31[31] March March 2024 2024
----- Start of picture text -----
||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Shares|Shares|in|[in]|
|Listed|
|group|group|Listed|
|undertakings|undertakings|investments|investments|Totals|Totals|
|MARKET|MARKET VALUE|VALUE|£|oa|£|
|At|At|1|1|April|April 2023|2023|100|100|955,809|955,809|955,909|955,909|
|Additions|
|Additions|Revaluations|-|16,367|16,367|16,367|16,367|
|Revaluations|-|76,096|76,096|76,096|76,096|
|At|At|31|31|March|March|2024|2024|100|100|1,048,272|1,048,372|
|NET|NET BOOK|BOOK|VALUE|VALUE|
|At|At|31|31|March|March|2024|2024|100|100|1,048,272|1,048,372|
|At|At|31|31|March|March|2023|2023|100|100|955,809|955,809|955,909|955,909|
|Loans|Loans|to|[to]|
|group|group|
|undertakings|undertakings|
|£|
|At|At|1|1|April|April|2023|2023|and|and|31|31|March|March|2024|2024|108,780|108,780|
|There|There were|were|no|no|investment|investment|assets|assets|outside|outside|the|the|UK.|I-JK.|
|Cost|Cost|or|or valuation|valuation|at|at|31|31|March|March|2024|2024|is|is|represented|represented|by:|by:|
----- End of picture text -----
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Shares|Shares|in|[in]|
|group|group|Listed|Listed|
|undertakings|undertakings|investments|investments|Totals|Totals|
|Valuation|Valuation|[in]|2024|£|76,096|ta|76,096|£|
|Valuation|Valuation|[in]|in 2024|2023|-|76,096|76,096|
|(75,439)|(75,439)|
|Valuation|Valuation|[in]|in 2023|2022|-|144,|(75,439)|[136]|144,|(75,439)|[136]|
|Cost|Cost|in 2022|100|100|-|903,479|903,479|144,136|903,579144,136|903,579|
|100|100|1,048,272|1,048,372|
----- End of picture text -----
----- Start of picture text -----
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|inTHeassets|THeassetsin|the|the|sum|[loans]|sum|loans|[of]|of|that|[that]|of|of|are|are|E89,890|£89,890 on|company|companyto|[to]|St|[St]|Peters|Peterson|4|and|and|4|November|November|interest|interestStudent|Student|2023|is|is|2023|Accomodation|Accomodation|payable|payable|and|and|£89,890|E89,890|at|at|2%|2%|Limited.|Limited.|above|above|on|on|15|15|bank|bank|They|They|September|September|base|base|are|are|secured|secured|rate. 2025.|rate.2025.|The|The|by|by|loans|loans|a|a|charge|charge|are|are|repayable|repayable|over|over|the|the|
|9.|9.|DEBTORS:|DEBTORS:|AMOUNTS|AMOUNTS|FALLING|FALLING|DUE|DUE|WITHIN|WITHIN|ONE|ONE|YEAR|YEAR|
|2024|2024|2023|2023|
|Trade|Trade|debtors|64,440|£|62,173|£|
|Other|Other|debtors|debtors|debtors|64,44026,012|26,012|28,24062,173|28,240|
|Amounts|Amounts|due|due|from|from|
|Service|Service Charge|Charge|Fund|Fund|22,751|22,751|30,407|30,407|
|VAT|VAT|2,195|2,195|743|743|
|Prepayments|Prepayments|2,350|2,350|18,905|18,905|
|117,748|117,748|140,468|140,468|
----- End of picture text -----
Page Page 13[13]
continued... continued...
- CREDITORS: CREDITORS: AMOUNTS AMOUNTS FALLING FALLING DUE DUE WITHIN WITHIN ONE ONE YEAR YEAR
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - - continued continued for for the[the] year year ended ended 31[31] March March 2024[2024]
| 2024 2024 |
2023 2023 |
||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Trade creditors Trade creditors |
25,909 25,909 |
24,835 24,835 |
|||
| Other creditors Other creditors |
9,533 9,533 |
9,533 9,533 |
|||
| Accruals and deferred income Accruals and deferred income |
40,604 | 36,729 36,729 |
|||
| 76,046 76,046 |
71,097 71,097 |
||||
| 11. 11. |
MOVEMENT IN FUNDS MOVEMENT IN FUNDS |
||||
| Net Net |
|||||
| At 1.4.23 At 1.4.23 |
movement in funds movement in funds |
At 31.3.24 At 31.3.24 |
|||
| £ | £ | E | |||
| Unrestricted funds Unrestricted funds |
|||||
| General fund General fund |
1,656,487 | 220,931 220,931 |
1,877,418 1,877,418 |
||
| Designated fund Designated fund |
279,051 279,051 |
- | 279,051 279,051 |
||
| 1,935,538 1,935,538 |
220,931 220,931 |
2,156,469 2,156,469 |
|||
| TOTAL FUNDS TOTAL FUNDS |
1,935,538 1,935,538 |
220,931 220,931 |
2,156,469 2,156,469 |
||
| Net movement in funds, included in the above Net movement in funds, included in the above |
are as follows: are as follows: |
||||
| Incoming resources Incoming resources |
Resources expended Resources expended |
Gains and losses Gains and losses |
Movement in funds Movement in funds |
||
| £ | £ | £ | £ | ||
| Unrestricted funds Unrestricted funds |
|||||
| General fund General fund |
235,911 235,911 |
(91,076) (91,076) |
76,096 76,096 |
220,931 220,931 |
|
| TOTAL FUNDS TOTAL FUNDS |
235,911 235,911 |
(91,076) (91,076) |
76,096 76,096 |
220,931 220,931 |
|
| Comparatives for movement in funds Comparatives formovement in funds |
|||||
| Net Net |
|||||
| At 1.4.22 At 1.4.22 |
movement in funds movement in funds |
31.3.23 At 31.3.23 |
|||
| £ | £ | 7 | |||
| Unrestricted funds Unrestricted funds |
|||||
| General fund General fund |
1,609,307 | 47,180 47,180 |
1,656,487 | ||
| Designated fund Designated fund |
279,051 279,051 |
- | 279,051 279,051 |
||
| 1,888,358 1,888,358 |
47,180 47,180 |
1,935,538 1,935,538 |
|||
| TOTAL FUNDS TOTALFUNDS |
1,888,358 1,888,358 |
47,180 47,180 |
1,935,538 1,935,538 |
continued... continued..
Page Page 14[14]
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
- NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued continued for for the[the] year year ended ended 31[31] March March 2024 2024
11. 41.. MOVEMENT MOVEMENT IN[IN] FUNDS FUNDS - - continued continued
Comparative Comparative net[net] movement movement in[in] funds, funds, included included in[in] the the above above are are as as follows:[follows:]
| Incoming resources Incoming resources |
Resources expended Resources expended |
Gains and losses Gainsand losses |
Movement in funds Movement in funds |
|
|---|---|---|---|---|
| E | £ | E | £ | |
| Unrestricted funds Unrestricted funds |
||||
| General fund General fund |
214,467 214,467 |
(91,848) (91,848) |
(75,439) (75,439) |
47,180 47,180 |
| TOTAL FUNDS TOTALFUNDS |
214,467 214,467 |
(91,848) (91,848) |
(75,439) (75,439) |
47,180 47,180 |
A A current current year year 12[12] months months and and prior prior year year 12[12] months months combined combined position[position] is[is] as as follows:[follows:]
| A current year [12] months and prioryear A current year 12 months and prioryear |
[12] months combined [position] [is] as 12 months combined position is as |
[follows:] follows: |
|
|---|---|---|---|
| Net Net |
|||
| At 1.4.22 At 1.4.22 |
movement in funds movement in funds |
At 31.3.24 At 31.3.24 |
|
| £ | £ | Ez | |
| Unrestricted funds Unrestricted funds |
|||
| General fund General fund |
1,609,307 | 268,111 268,111 |
1,877,418 1,877,418 |
| Designated fund Designated fund |
279,051 279,051 |
- | 279,051 279,051 |
| 1 ,888,358 1,888,358 |
268,111 268,111 |
2,156,469 2,156,469 |
|
| TOTAL FUNDS TOTALFUNDS |
1,888,358 | 268,111 268,111 |
2,156,469 2,156,469 |
A A current current year year[12] 12 months months and and prior[prior] year year[12] 12 months months combined combined net net movement movement in[in] funds,[funds,] included[included] in[in] the the
above above are are as as follows:[follows:]
| Incoming Incoming |
Resources Resources |
Gains and Gains and |
Movement Movement |
|
|---|---|---|---|---|
| resources resources |
expended expended |
losses losses |
in funds in funds |
|
| E | £ | £ | E | |
| Unrestricted funds Unrestricted funds |
||||
| General fund General fund |
450,378 450,378 |
(182,924) (182,924) |
657 657 |
268,111 268,111 |
| TOTALFUNDS TOTALFUNDS |
450,378 450,378 |
(182,924) (182,924) |
657 657 |
268,111 268,111 |
- RELATEDPARTY RELATED PARTY DISCLOSURES[DISCLOSURES]
There There were were no no related related party[party] transactions transactions for for the the year year ended ended 31 31 March March 2024. 2024.
Page Page 15[15]