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 2025[2025]
FOR FOR
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
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 2025 2025
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| Report of the Trustees Report ofthe Trustees |
1 1 |
to to |
4 4 |
| Independent Examiner's Report Independent Examiner's Report |
5 5 |
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| Statement of Financial Activities Statement of Financial Activities |
6 6 |
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| Balance Sheet Balance Sheet |
7 | to | 8 8 |
| Notes to the Financial Statements Notes to the Financial Statements |
9 9 |
to to |
16 16 |
| Detailed Statement of Financial Activities DetailedStatementofFinancialActivities |
17 17 |
to to |
18 18 |
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 2025 2025
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 2025. 2025. 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). We We are are[pleased] pleased to[to][present] present this this year's year's annual[annual] report,[report,] highlighting[highlighting] the[the] ongoing[ongoing] commitment[commitment] and[and] progress progress of[of] St[St] Peter's Peter's Urban Urban Village Village Trust. Trust. Our Our mission mission remains remains to[to] support support and and strengthen strengthen our our local local community community by[by] fostering fostering inclusive, inclusive, empowering, empowering, and and sustainable sustainable partnerships. partnerships. Despite Despite the the challenges challenges faced faced by by many many in in our our sector, sector, this this year year has has seen seen encouraging encouraging growth, growth, renewed renewed collaborations, collaborations, and and tangible tangible improvements improvements to[to] both both our our facilities facilities and and services. services. From From educational educational programmes programmes and and housing housing support support to[to] culturally culturally rich rich community community activities,[activities,] the the Trust Trust continues continues to[to] serve serve as as a a vital vital hub hub for for the the people people of[of] Saltley[Saltley] and and its its surrounding surrounding areas. areas. We We thank[thank] our our tenants, tenants, community[community] and[and] service service users users for[for] their[their] invaluable[invaluable] contributions[contributions] throughout[throughout] the[the] year.[year.]
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.
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ST. STA 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 2025[2025]
ACHIEVEMENT ACHIEVEMENT AND AND PERFORMANCE[PERFORMANCE] Charitable Charitable activities activities Key Key[highlights] highlights include:[include:]
"" "The"The TheThe expansion expansiongrowth growth of of Blenducate Blenducate of of Women Women and Empoweringand EmpoweringQualify Qualify Courses, Courses, Women Women and supporting supporting and their their diverse diverse children children cultural cultural outside outside programmes. programmes. of of mainstream mainstream education. education. " Ongoing Ongoing support support from[from] St St Peter's Peter's (Saltley) (Saltley) Housing Housing Association, Association, including including new new leadership leadership and and enhanced enhanced efficiency. efficiency. " Personalised Personalised care care services services through through Home Home Group Group and and Stonham Stonham for for residents residents with with complex complex needs.[needs.] "Increased Increased provision provision at at The The Village Village Community Community Nursery Nursery and and relocation relocation of[of] Little[Little] Gems Gems Nursery. Nursery. "Extensive Extensive community community use use of[of] the the Trust's[Trust's] outdoor outdoor spaces spaces and and buildings buildings by by schools, schools, groups, groups, and and clubs[clubs] such such as as
Andalus Andalus Archery Archery and and The The[Old] Old[Salts.] Salts. " Sustainability Sustainability and and cost-saving cost-saving improvements improvements including including LED LED lighting lighting and and UPVC UPVC windows windows in in the the Burrows Burrows Building. Building. " Office Office consolidation consolidation to to maximise maximise rental rental income income and and reduce reduce Trust Trust overheads. overheads.
Main Main report report The The Trust Trust continues continues to to support support the the local local community community by by granting granting shortshortand and long-term long-term leases leases to to training training organisations, organisations, housing housing associations, associations, and and charities[charities] including: including:
Women Women Empowering Empowering Women Women (WEW) (WEW)
WEW WEW operate[operate] a a community[community] pantry pantry twice[twice] a a week[week] and[and] have[have] expanded[expanded] by by leasing leasing additional additional office office space space under under Women Women Empowering Empowering Women Women C.1.C. C.I.C. They They provide provide advice[advice] services, services, as as well[well] as as sewing,[sewing,] healthy healthy eating eating cookery, cookery,
and and dance dance classes. classes.
The The WEW WEW Pantry Pantry[in] in Saltley[Saltley] allows allows members, members, for for a a small small weekly weekly subscription,[subscription,] to to purchase purchase food food including including fresh fresh produce produce and and family[family] essentials. essentials. The The Pantry Pantry is is open open to to all all without without the the need need for for referrals referrals and and is[is] managed managed on on cooperative cooperative principles[principles][with] with volunteer volunteer members. members.
WEW WEW is is a a culturally culturally diverse, diverse, voluntary voluntary group group offering offering activities activities across across Washwood Washwood Heath, Heath, Saltley, Saltley, Bordesley Bordesley Green, Green, and and nearby nearby areas. areas. Their Their focus focus is is on on reducing reducing isolation isolation and and promoting promoting self-confidence self-confidence and and well-being well-being through through creative creative and and social social programmes. programmes.
Blenducate, Blenducate, Qualify[Qualify] Courses Courses and and Ink Ink Tree Tree
These These education education services services are are now now operating operating at at full full capacity, capacity, tutoring tutoring children children without without access access to to mainstream mainstream
schooling schooling and and supporting supporting those those preparing preparing for for the the 11+ 11+ and and SATs. SATs. With With future[future] growth growth in[in] mind, mind, Blenducate Blenducate is is
exploring exploring additional additional on-site on-site accommodation. accommodation. To To support[support] educational educational development, development, Ink Ink Tree Tree has has now now taken taken
over over the[the][Trust's] Trust's former[former] office office space. space.
St St Peter's Peter's (Saltley) (Saltley) Housing Housing Association Association
St St Peter's Peter's provides provides on-site on-site support support two two days days per per week week and and has has welcomed welcomed a a new new CEO. CEO. The The association association offers offers general, general, accessible, accessible, and and warden-controlled warden-controlled housing, housing, and and has has downsized downsized office office space space to to reduce reduce costs. costs. Tenants Tenants[benefit] benefit from[from] access access to to free free allotments allotments on on Trust Trust land land adjacent adjacent to to the the railway, railway, supporting supporting community community
wellbeing wellbeing and and food food growing growing initiatives. initiatives. The The Trust Trust has has repurposed repurposed the the relinquished relinquished space space for for its its own own operations. operations.
Home Home Group Group and and Stonham Stonham
Adderley Adderleyindividuals individualsHouse, House, with[with] mental mental managed managed health,[health,] by by learning,[learning,] Home Home Group Group or or physical physical and and disabilities. disabilities. supported supported by by Care Care Stonham, Stonham, and and support support provides provides are are personalised personalised accommodation accommodation to to meet meet for for individual individual needs. needs.
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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 2025[2025]
The Village The Village Community Community Nursery[Nursery]
The The nursery nursery is[is] now now open open full-time full-time year-round year-round (excluding[(excluding] bank[bank] holidays)[holidays)] and[and] serves serves both[both] funded[funded] and[and] _ private private children children from from[birth] birth[to] to age age five.[five.] It It supports supports children children with with learning learning difficulties difficulties and and those those who who speak speak English English as as an an additional additional language. language. Staff, Staff, many many from[from] the the local local area, area, help help foster[foster] an an inclusive,[inclusive,] multilingual[multilingual] environment[environment] and and strong strong[partnerships] partnerships with[with] parents[parents] and[and] the[the] wider[wider] community.[community.]
Little Little Gems Gems Nursery[Nursery]
We We were were[delighted] delighted to to welcome welcome Little Little Gems Gems Nursery[Nursery] to[to] the[the] Canning Canning Building Building in in August. August. Due Due to[to] their their
success, success, they they have have already already expanded expanded within within their their first first year year and and now now occupy occupy the[the] upstairs[upstairs] rooms rooms of of the the
building. building.
Little Little Gems Gems offers offers a a range range of of services services including including early early years years education, education, an an after-school after-school club, club, and and children's children's holiday holiday care, care, providing[providing] valuable[valuable] support[support] to[to] local[local] families[families] throughout[throughout] the[the] year.[year.]
Community Community Activities Activities and[and] Events Events
"The The Green Green has has hosted hosted sports sports and and PE PE activities activities for for local local schools schools including including The The Rosary, Rosary, St St Saviour's, Saviour's, and and Shaw Shaw Hill.[Hill.] "In In July[July] 2024, 2024, The The Old Old Salts[Salts] used used Trust Trust facilities-including facilities-including the the Grade Grade II[11] listed listed Old Old Quad-for Quad-for meetings, meetings, parking, parking, and and a a marquee marquee event.[event.] " Andalus Andalus Archery, Archery, now now fully fully back back to to in-person in-person sessions, sessions, continues continues to to offer offer beginner beginner courses courses and and weekly weekly archery archery lessons. lessons. The The club, club, affiliated affiliated with with Archery Archery GB, GB, has has maintained maintained its its On-Target On-Target Club Club status status and and was was originally originally established established with[with] Trust Trust support support over over 12[12] years years ago. ago.
Trust Trust Operations Operations and[and] Facilities[Facilities]
The The Finance Finance and and Management Management Committee Committee met met ten ten times times this this year year to[to] oversee oversee the the Trust's[Trust's] strategy, strategy, budget, budget, and and property property management. management. Improvements Improvements include:[include:]
" Moving Moving to[to] smaller smaller office office premises premises to[to] reduce reduce overheads overheads and and maximise maximise rentable rentable space. space. " Replacing Replacing windows windows with with UPVC UPVC for for energy energy efficiency. efficiency. "Installing Installing LED LED lighting lighting in[in] the the Burrows Burrows Building, Building, reducing reducing costs costs and and improving improving sustainability. sustainability.
Conclusion Conclusion
This This year year has has marked marked both a both a financial financial and and operational operational success success for for the the Trust. Trust. With With a a surplus surplus in[in] our our accounts accounts and and ongoing ongoing collaboration collaboration across across housing, housing, education, education, and and community community services, services, we we remain remain well-positioned well-positioned to to serve serve the[the] people[people] of[of][Saltley] Saltley and and surrounding[surrounding] areas. areas. Our Our focus focus in[in] the the coming coming year year will will be be to[to] continue continue supporting supporting grassroots grassroots initiatives, initiatives, improve improve site site facilities, facilities, and and seek seek new new opportunities opportunities for for collaboration collaboration and and growth. growth. We We thank thank all all our our tenants tenants and and community community members members for for their their continued continued support, support, resilience, resilience, and and shared shared commitment commitment to to a a stronger, stronger, more more inclusive[inclusive] community. community.
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
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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 2025[2025]
Registered office Registered office
Burrows Burrows Building Building Bridge Bridge Road Road Saltley
Birmingham Birmingham B8 B8 3TE 3TE Trustees Trustees K T K T Hazeldene Hazeldene
D D Burke Burke (resigned (resigned 29.5.25) 29.5.25)
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 FCA FCA FCCA FCCA 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[by][order][of] the board[of] trustees on and signed on[[its]] behalf[[by:]] Appreved by order of the board of trustees on 8" October 2098 and signed on its behalf by:
and signed on[[its]] behalf[[by:]]
RJ R J Harrison arris n - - Trustee Trustee
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INDEPENDENT INDEPENDENT EXAMINER'S EXAMINER'S REPORT REPORT TO TO THE THE TRUSTEES TRUSTEES OF[OF] ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST Independent Independent | I repon report to to the the examiner's[examiner's] charity charity trustees trustees report[report] to[to] on on the the my my trustees trustees examination[examination] of[of] St.[St.] of of Peter's[Peter's] the the accounts accounts Urban Urban Village[Village] of of the the Trust Trust Company Company (‘the (the Company’)[Company')] for for the the year year ended ended 31 31 March March 2025. 2025. Responsibilities Responsibilities and and basis basis of[of] report[report] As As the[the] charity's[charity's] trustees trustees of of the the Company Company (and (and also also its its directors directors for for the the purposes purposes of of company company law) law) you you are are responsible responsible for for the the preparation preparation of of the the accounts accounts in in accordance accordance with with the the requirements requirements of of the the Companies Companies Act Act 2006 2006 (the (‘the 2006 2006 Act). Act’). Having Having satisfied[satisfied] myself myself that[that] the the accounts accounts of[of] the[the] Company Company are are not not required[required] to[to] be be audited[audited] under under Part Pan 16 16 of[of] the[the] 2006 2006 Act Act and and are are eligible[eligible] for[for] independent independent examination, examination, | I report report in in respect respect of of my my examination examination of of your your charity's charity's accounts accounts as as[carried] carried out out under under Section[Section] 145 145 of of the the Charities Charities Act Act 2011 2011 (‘the Cthe 2011 2011 Act’). Act'). In In carrying carrying out out my my examination examination | I have have followed followed the the Directions Directions given given by by the the Charity Charity Commission Commission under under Section Section 145(5) 145(5) (b)[(b)] of[of] the the 2011 2011[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 in in connection connection with with the the examination examination giving giving me me cause cause to[to] believe: believe:
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l 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
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2, 2. the the accounts accounts do do not not accord accord with with those those records; records; or or 3. 3: the the accounts accounts do do not not comply comply with with the the accounting[accounting] requirements requirements of of Section Section 396 396 of[of] the the 2006 2006 Act Act other other than than any any requirement requirement that that the the accounts accounts give give a a true[true] and and fair fair view view which which is is not not a a matter matter considered considered as as part pan of of an an independent independent examination; examination; or or
-
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- the the accounts accounts have have not not been been prepared prepared in in accordance accordance with with the the methods methods and and principles principles of of the the Statement Statement of of Recommended Recommended Practice Practice for for accounting accounting and and reporting reporting by by charities[charities] (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)).
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I have no concerns and have come across no[other][matters] in connection with the examination to which attention attention | have noshould should concernsbe be drawn drawn and havein in this this comereport report acrossin in order order no otherto to enable enable mattersa a proper proper in connectionunderstanding understanding with the of of examinationthe the accounts accounts to to[to] whichbe be
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~ reached. reached.
M M D D Spafford Spafford FCA FCA FCCA FCCA LDP LDP Luckmans Luckmans 1110 1110 Elliott Elliott Court Court Coventry Coventry Business Business Park Park Herald Herald Avenue Avenue Coventry Coventry West Nest Midlands Midlands V5 6UB 60B ate: 27.6700... Lory
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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 2025[2025]
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2025|2024|2024|
|Unrestricted|Unrestricted|Total|Total|
|funds|funds|funds|funds|
|Notes|Notes|£|£|
|INCOME|INCOME AND|AND|ENDOWMENTS|ENDOWMENTS|FROM|FROM|
|Donations|Donations|and|and|legacies|legacies|1,000|1 ,ooo|1,000|1|,ooo|
|Charitable|Charitable activities|activities|
|Charitable|Charitable|activities|activities|212,273|212,273|201,519|201,519|
|Investment|Investment|income|income|2|2|33,788|33,788|33,392|33,392|
|Total|Total|247,061|247,061|235,911|235,911|
|EXPENDITURE|EXPENDITURE|ON|ON|
|Raising|Raising|funds|funds|3|3|6,361|6,361|5,840|5,840|
|Charitable|Charitable activities|activities|.|
|Charitable|Charitable|activities|activities|254,603|254,603|85,236|85,236|
|Total|Total|260,964|260,964|91,076|91,076|
|Net|Net|gains|gains|on|on|investments|investments|15,829|15,829|76,096|76,096|
|NET|NET|INCOME|INCOME|1,926|1,926|220,931|220,931|
|RECONCILIATION|RECONCILIATION|OF|OF|FUNDS|FUNDS|
|Total|Total|funds|funds|brought|brought|forward|forward|2,156,469|2, 156,469|1,935,538|1,935,538|
|TOTAL|TOTAL|FUNDS|FUNDS|CARRIED|CARRIED|FORWARD|FORWARD|2,158,395|2,158,395|2,156,469|2, 156,469|
----- End of picture text -----
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 SHEET BALANCE SHEET |
|||
|---|---|---|---|
| 31 March 2025 31 March 2025 |
|||
| 2025 2025 |
2024 2024 |
||
| Unrestricted funds Unrestricted funds |
Total funds Total funds |
||
| Notes Notes |
ra | £ | |
| FIXED ASSETS Tangible assets Investments FIXED ASSETS Tangible assets Investments |
7 8 4 8 |
403,494 1 ,185,384 403,494 1,185,384 |
403,494 1,157,152 403,494 1,157,152 |
| 1,588,878 1,588,878 |
1,560,646 | ||
| CURRENT ASSETS Debtors Cash at bank and in hand CURRENTASSETS Debtors Cash at bank and in hand |
9 9 |
113,038 533,389 113,038 533,389 |
117,748 554,121 117,748 554,121 |
| 646,427 646,427 |
671 ,869 671,869 |
||
| CREDITORS Amounts falling due within one year CREDITORS Amounts falling due within oneyear |
10 10 |
(76,910) (76,910) |
(76,046) (76,046) |
| NET CURRENT ASSETS NETCURRENTASSETS |
569,517 569,517 |
595,823 595,823 |
|
| TOTALASSETS LESS CURRENT TOTALASSETS LESS CURRENT |
|||
| LIABILITIES LIABILITIES |
2,158,395 2,158,395 |
2,156,469 2,156,469 |
|
| NET ASSETS NETASSETS |
2,158,395 2,158,395 |
2,156,469 2,156,469 |
|
| FUNDS FUNDS |
11 11 |
||
| Unrestricted funds Unrestricted funds |
2,158,395 2,158,395 |
2,156,469 2,156,469 |
|
| TOTAL FUNDS TOTALFUNDS |
2,158,395 2,158,395 |
2,156,469 2,156,469 |
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 2025. 2025. 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 2025 2025 in in accordance accordance with with Section Section 476 476 of of the the Companies Companies Act Act 2006. 2006.
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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
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(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 2025 2025
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:] sone het 6.0 f POA oo and were signed on its behalf by:
RJ Harrjson rf on - - 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 2025[2025]
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 Page Page 9[9]
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 2025[2025]
- 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 fixed of 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 PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTScontinued continued for for the[the] year year ended ended 31[31] March March 2025[2025]
| 2. 2. |
INVESTMENT INCOME INVESTMENT INCOME |
|||
|---|---|---|---|---|
| 2025 2025 |
2024 2024 |
|||
| £ | £ | |||
| Income from listed investments Income from listed investments |
26,203 26,203 |
23,269 23,269 |
||
| Deposit account interest Deposit account interest |
7,585 7,585 |
10,123 10,123 |
||
| 33,788 33,788 |
33,392 33,392 |
|||
| 3. 3. |
RAISING FUNDS RAISING FUNDS |
|||
| Investmentmanagement costs Investment management costs |
||||
| 2025 2025 |
2024 2024 |
|||
| £ | £ | |||
| Portfolio management Portfolio management |
6,361 6,361 |
5,840 5,840 |
||
| 4. 4. |
TRUSTEES' REMUNERATION AND BENEFITS TRUSTEES’ REMUNERATION AND BENEFITS |
|||
| There were no trustees' remuneration or other benefits for the year ended 31 March year ended 31 March 2024. There were no trustees’ remuneration or other benefits for the year ended 31 March yearended 31 March 2024. |
2025 nor for the 2025 nor for the |
|||
| Trustees' expenses Trustees’ expenses |
||||
| 2025 2025 |
2024 2024 |
|||
| £ | £ | |||
| Trustees' expenses Trustees' expenses |
645 645 |
15 15 |
||
| 5. | STAFFCOSTS STAFF COSTS |
|||
| The average monthly number of employees during the year was as follows: The average monthly number ofemployees during the yearwas as follows: |
||||
| 2025 2025 |
2024 2024 |
|||
| Administration Administration |
1 1 |
1 1 |
||
| No employees received emoluments in excess of E60,000. No employees received emoluments in excess of£60,000. |
||||
| 6. 6. |
COMPARATIVESFOR THE STATEMENTOF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIALACTIVITIES |
|||
| Unrestricted Unrestricted |
||||
| funds funds |
||||
| £ | ||||
| INCOME AND ENDOWMENTS FROM INCOME AND ENDOWMENTS FROM |
||||
| Donations and legacies Donations and legacies |
1,ooo 1,000 |
|||
| Charitable activities Charitable activities |
||||
| Charitable activities Charitable activities |
201,519 201,519 |
|||
| Investment income Investment income |
33,392 33,392 |
|||
| Total Total |
235,911 235,911 |
|||
| EXPENDITURE ON EXPENDITURE ON |
||||
| Raising funds Raising funds |
5,840 5,840 |
|||
| Charitable activities Charitable activities |
||||
| Charitable activities Charitable activities |
85,236 85,236 |
|||
| Page 11 Page11 |
continued.. continued... |
ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST - NOTES TO THE NOTES TO THE FINANCIAL FINANCIAL STATEMENTS[STATEMENTS] - continued continued for for the[the] year year ended ended 31[31] March March 2025[2025] 6. 6. COMPARATIVES COMPARATIVES FOR FOR THE THE STATEMENT STATEMENT OF OF FINANCIAL[FINANCIAL] ACTIVITIES[ACTIVITIES] - - continued continued
| 6. 6. |
COMPARATIVESFOR THE STATEMENTOF [FINANCIAL] COMPARATIVES FORTHE STATEMENTOF FINANCIALACTIVITIES |
COMPARATIVESFOR THE STATEMENTOF [FINANCIAL] COMPARATIVES FORTHE STATEMENTOF FINANCIALACTIVITIES |
[ACTIVITIES] ACTIVITIES |
- continued -continued |
|
|---|---|---|---|---|---|
| Unrestricted Unrestricted |
|||||
| funds funds |
|||||
| £ | |||||
| Total Total |
91,076 91,076 |
||||
| Net gains on investments Net gains on investments |
76,096 76,096 |
||||
| NET INCOME NETINCOME |
220,931 220,931 |
||||
| RECONCILIATION OF FUNDS RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward Total funds broughtforward |
1,935,538 1,935,538 |
||||
| TOTAL FUNDS CARRIED FORWARD TOTAL FUNDS CARRIED FORWARD |
2,156,469 2,156,469 |
||||
| 7. | TANGIBLE FIXED ASSETS TANGIBLE FIXEDASSETS |
||||
| Fixtures Fixtures |
|||||
| Freehold property Freehold property |
Plant and machinery Plant and machinery |
and fittings and fittings |
Totals Totals |
||
| £ | £ | £ | £ | ||
| COST COST |
|||||
| At 1 April 2024 and 31 March 2025 At 1 April 2024 and 31 March 2025 |
403,490 403,490 |
38,787 38,787 |
10,927 10,927 |
453,204 453,204 |
|
| DEPRECIATION DEPRECIATION |
|||||
| At 1 April 2024 and 31 March 2025 At 1 April 2024 and 31 March 2025 |
- | 38,785 38,785 |
10,925 10,925 |
49,710 49,710 |
|
| NET BOOK VALUE NET BOOKVALUE |
|||||
| At 31 March 2025 At 31 March 2025 |
403,490 403,490 |
2 2 |
2 2 |
403,494 403,494 |
|
| At 31 March 2024 At31March2024 |
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.
8. FIXED FIXED ASSET ASSET INVESTMENTS INVESTMENTS
| FIXED ASSET INVESTMENTS FIXED ASSET INVESTMENTS |
||
|---|---|---|
| 2025 2025 |
2024 2024 |
|
| a | £ | |
| Shares Shares |
1,076,604 | 1,048,372 |
| Loans Loans |
108,780 108,780 |
108,780 108,780 |
| 1,185,384 1,185,384 |
1,157,152 1,157,152 |
continued... continued..
Page Page 12[12]
ST. ST. PETER'S PETER'S URBAN URBAN VILLAGE VILLAGE TRUST TRUST
- NOTES NOTES TO -ro THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTS - continued continued for for the[the] year year ended ended 31[31] March March 2025[2025]
8. 8. FIXED FIXED ASSET ASSET INVESTMENTS INVESTMENTScontinued continued
| FIXED ASSET INVESTMENTS - continued FIXED ASSET INVESTMENTS--continued |
|||
|---|---|---|---|
| INVESTMENTS-- continued | Shares in Shares in |
||
| group group |
Listed Listed |
||
| undertakings undertakings |
investments investments |
Totals Totals |
|
| £ | £ | £ | |
| MARKET VALUE MARKETVALUE |
|||
| At 1 April 2024 Additions Disposals Revaluations At 1 April 2024 Additions Disposals Revaluations |
100 100 - - - |
149,261 (122,945) 1,916 1,048,272 149,261 (122,945) 1,916 |
1,048,372 149,261 (122,945) 1,916 1,048,372 149,261 (122,945) 1,916 |
| At 31 March 2025 At 31 March 2025 |
100 100 |
1,076,504 | 1,076,604 |
| NET BOOK VALUE NET BOOKVALUE |
|||
| At 31 March 2025 At 31 March 2025 |
100 100 |
1,076,504 | 1,076,604 |
| At 31 March 2024 At 31 March 2024 |
100 100 |
1,048,272 1,048,272 |
1,048,372 |
| Loans to Loans to |
|||
| group group |
|||
| undertakings undertakings |
|||
| £ | |||
| At 1 April 2024 and 31 March 2025 At1April2024and31March2025 |
108,780 108,780 |
There There were were no no investment investment assets assets outside outside the the UK. UK.
Cost Cost or or valuation valuation at[at][31] 31 March March 2025 2025 is[is] represented represented by:[by:]
| Shares in Shares in |
|||||
|---|---|---|---|---|---|
| group undertakings group undertakings |
Listed investments Listed investments |
Totals Totals |
|||
| £ | £ | £ | |||
| Valuation Valuation Valuation Valuation Cost Valuation Valuation Valuation Valuation Cost |
in in in in in in in in |
2025 2024 2023 2022 2025 2024 2023 2022 |
100 - - - - 100 |
1,916 76,096 (75,439) 144, 136 929,795 1,916 76,096 (75,439) 144,136 929,795 |
1,916 76,096 (75,439) 144,136 929,895 1,916 76,096 (75,439) 144,136 929,895 |
| 100 100 |
1,076,504 | 1,076,604 |
THe THe loans loans are are to[to] St St Peters Peters Student Student Accomodation Accomodation Limited. Limited. They They are are secured secured by by a a charge charge over over the the assets assets of[of] that that company company and and interest interest is is payable payable at at 2% 2% above above bank bank base base rate. rate. The The loans loans are are repayable repayable in in the the sum sum of of E89,890 £89,890 on on 4 4 November November 2023 2023 and and £89,890 €89,890 on on 15 15 September September 2025. 2025.
continued... continued...
Page Page 13[13]
- DEBTORS: DEBTORS: AMOUNTS AMOUNTS FALLING FALLING DUE DUE WITHIN WITHIN ONE[ONE] YEAR YEAR
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 2025[2025]
| 2025 2025 |
2024 2024 |
||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Trade debtors Trade debtors |
58,813 58,813 |
64,440 64,440 |
|||
| Other debtors Other debtors |
37,691 37,691 |
26,012 26,012 |
|||
| Amounts due from Amounts due from |
|||||
| Service Charge Fund VAT Service Charge Fund VAT |
14,582 14,582 - |
22,751 2,195 22,751 2,195 |
|||
| Prepayments Prepayments |
1,952 1,952 |
2,350 2,350 |
|||
| 113,038 113,038 |
117,748 117,748 |
||||
| 10. 10. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
||||
| 2025 2025 |
2024 2024 |
||||
| £ | £ | ||||
| Trade creditors Trade creditors |
17,880 17,880 |
25,909 25,909 |
|||
| VAT VAT |
2,014 2,014 |
- | |||
| Other creditors Other creditors |
10,112 10,112 |
9,533 9,533 |
|||
| Accruals and deferred income Accruals and deferred income |
46,904 46,904 |
40,604 40,604 |
|||
| 76,910 76,910 |
76,046 76,046 |
||||
| 11. 11. |
MOVEMENT IN FUNDS ©.MOVEMENT IN FUNDS |
||||
| Net Net |
|||||
| At At |
1.424 1.4.24 |
movement in funds movement in funds |
31.3.25 At 31.3.25 |
||
| £ | £ | £ | |||
| Unrestricted funds Unrestricted funds |
|||||
| General fund General fund |
1,877,418 1,877,418 |
1,926 1,926 |
1,879,344 1,879,344 |
||
| Designated fund Designated fund |
279,051 279,051 |
- | 279,051 279,051 |
||
| 2,156,469 2,156,469 |
1,926 1,926 |
2,158,395 2,158,395 |
|||
| TOTAL FUNDS TOTAL FUNDS |
2,156,469 2,156,469 |
1,926 1,926 |
2,158,395 2,158,395 |
||
| Net movement in funds, included in the above are as follows: Netmovementinfunds,includedintheaboveareasfollows: |
| Incoming resources Incoming resources |
Resources expended Resources expended |
Gains and losses Gains and losses |
Movement in funds Movement in funds |
|
|---|---|---|---|---|
| 2 | £ | £ | £ | |
| Unrestricted funds Unrestricted funds |
||||
| General fund General fund |
247,061 247,061 |
(260,964) (260,964) |
15,829 15,829 |
1,926 1,926 |
| TOTAL FUNDS TOTALFUNDS |
247,061 247,061 |
(260,964) (260,964) |
15,829 15,829 |
1,926 1,926 |
continued... continued..
Page Page 14[14]
- ©MOVEMENT MOVEMENT IN[IN] FUNDS FUNDS - - continued continued
ST. ST. PETER'S PETERS URBAN URBAN VILLAGE VILLAGE TRUST TRUST
NOTES NOTES TO TO THE THE FINANCIAL FINANCIAL STATEMENTS STATEMENTScontinued continued for for the[the] year year ended ended 31[31] March March 2025[2025]
Comparatives Comparatives for for movement movement in[in] funds funds
| Net Net |
||||
|---|---|---|---|---|
| At 1.4.23 At 1.4.23 |
movement in funds movement in funds |
31.3.24 At 31.3.24 |
||
| £ | £ | £ | ||
| 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 | 220,931 220,931 |
2,156,469 2,156,469 |
||
| TOTAL FUNDS TOTAL FUNDS |
1,935,538 | 220,931 220,931 |
2,156,469 2,156,469 |
|
| Comparative net movement in funds, included in the above Comparative 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 |
£ | 7a | E | £ |
| 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 |
| A current year 12 months and prioryear 12 months combined position is as A current year 12 months and prioryear 12 months combined position is as |
follows: follows: |
|||
| Net Net |
||||
| At 1.4.23 At 1.4.23 |
movement in funds movement in funds |
At 31.3.25 At 31.3.25 |
||
| £ | £ | £ | ||
| Unrestricted funds Unrestricted funds |
||||
| General fund General fund |
1,656,487 | 222,857 222,857 |
I ,879,344 1,879,344 |
|
| Designated fund Designated fund |
279,051 279,051 |
- | 279,051 279,051 |
|
| 1,935,538 | 222,857 222,857 |
2,158,395 2,158,395 |
||
| TOTALFUNDS TOTALFUNDS |
1,935,538 | 222,857 222,857 |
2,158,395 2,158,395 |
| Incoming resources Incoming resources |
Resources expended Resources expended |
Gains and losses Gains and losses |
Movement in funds Movement in funds |
|
|---|---|---|---|---|
| Unrestricted funds Unrestricted funds |
£ | 7a | E | £ |
| General fund General fund |
235,911 235,911 |
(91,076) (91,076) |
76,096 76,096 |
220,931 220,931 |
| TOTAL FUNDS TOTALFUNDS |
235,911 235,911 |
(91,076) (91,076) |
76,096 76,096 |
220,931 220,931 |
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 |
|
| £ | £ | £ | a | |
| Unrestricted funds Unrestricted funds |
||||
| General fund General fund |
482,972 482,972 |
(352,040) (352,040) |
91,925 91,925 |
222,857 222,857 |
| TOTALFUNDS TOTALFUNDS |
482,972 482,972 |
(352,040) (352,040) |
91,925 91,925 |
222,857 222,857 |
continued... continued...
Page Page 15[15]
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 2025[2025]
- 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 2025. 2025.
Page Page 16[16]