THE MAGOG TRUST
FINANCIAL STATEMENTS
AND REPORT OF
THE DIRECTORS AND TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Company No: 2426534 (England and Wales)
Charity No: 802150
PATRONS
Sir Hugh Duberly KCVO CBE
Robert Macfarlane BA, Ph.D. (Cantab), MPhil (Oxon)
www.magogtrust.org.uk
The Magog Trust Report and Accounts for the year ended 31st March 2025
1

THE MAGOG TRUST
FINANCIAL STATEMENTS AND REPORT OF THE DIRECTORS AND TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Contents
Legal and Administrative information
Report of the Directors and Trustees
Report of the Independent Examiner
Statement of Financial Activities
Balance Sheet
Notes forming part of the Financial Statements
Page
3
4-6
7
8
9
10-14
The Magog Trust Report and Accounts for the year ended 31st March 2025

THE MAGOG TRUST
FINANCIAL STATEMENTS AND REPORT OF THE DIRECTORS AND TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
LEGAL AND ADMINISTRATIVE INFORMATION
DIRECTORS AND TRUSTEES
The Directors, who are also Trustees, who served during the financial year, are as follows:
Mr Christopher Bow - Chair
Dr Bryan Davies
Dr Geoffrey Hale
Mrs Claire Beale
Ms Sara Sayer
Mr John O'Boyle
COMPANY SECRETARY
Mrs Kathleen Foreman
REGISTERED OFFICE
Verger's Cottage, 1, Gog Magog Way, Stapleford, Cambridge, CB22 5BQ
BANKERS
Barclays Bank plc
INDEPENDENT EXAMINER
A.N Cliffe, Affinity Associates (Cambridge) Limited
Chartered Accountants
Mill House, Mill Court, Great Shelford, Cambridge, CB22 5LD
SOLICITORS
Birketts LLP, 141-145 Princes Street, Ipswich, IP1 10J
INVESTMENT MANAGERS
Charles Stanley, 1st Floor, 3 Station Square, Cambridge, CB1 2GB
The Magog Trust Report and Accounts for the year ended 31st March 2025
3

THE MAGOG TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REPORT OF THE DIRECTORS AND TRUSTEES
The Trustees, who are also directors of the Charity for the purposes of Company Law, present their annual report and the
independently examined financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the Charities Statement of Recommended Practice (FRS102),
applicable accounting standards and the Companies Act 2006.
Objects of the charity, principal activities and organisation of our work
The Charity is constituted as a company limited by guarantee and is, therefore, governed by a memorandum and articles
of association. The Charity's main object and its principal activity continues to be restoring the major part of its landholding
to chalk grassland and woodland open for public amenity with provision for wildlife conservation and sanctuary.
The Charity is a registered farmer.
The Charity is organised so that the Trustees meet regularly to manage its affairs. They are supported by a part-time
office administrator. Work on the land is mainly carried out by contractors or by volunteers
Development, activities and achievements during the year
As ever, most of the Trustees' attention has been focussed on the Magog Down. In the early part of the year, there was much
concern about a spate of graffiti vandalism which was despoiling noticeboards, fences and even the boardwalk. The problem
was eventually resolved by the introduction of CCTV cameras, but only at significant expense. The annual cycle of maintenance
may be routine but it is essential for the flora and fauna to flourish and for our visitors' full enjoyment of the site. The Trustees
are grateful for the dedicated work of the Land Committee and the two rangers who make all this happen on time and at the
right time. They would also like to record their thanks to the members of the monthly working party and to the employee who
has the essential but less than pleasant task of emptying the dog bins.
The Trust has other aims than just maintaining the Magog Down. Its constitution also states as an objective:
"the conservation, protection and restoration of the countryside of Cambridge..."
This is a rather grand ambition and well beyond the ability of the resources of the Trust and limited number of Trustees to
fulfil on their own. But somethings can be done and achieved, particularly when working with others of like mind.
Firstly, a Trust representative attends the meetings of the Cambridge Nature Network. This is a loose grouping of environment
related charities, land owners and public bodies whose aim is to improve the nature corridors around Cambridge. A prime aim
is to increase the area over which wildlife may roam and grow.
Secondly, as previously reported, the Trust has taken on the role of developing and managing the new countryside park which
is a requirement of the planning permission granted for the Stapleford retirement village development. The land was legally
transferred to the Trust after the year end (May 2025) at no cost, together with a lump sum to finance the work. The site has
already been sown with a chalk grassland seed mix and the Trustees are pleased that this has taken well. The new park, to be
known as Chalk Hill Down, is expected to be open to the public in late 2027.
Thirdly, the Trust is supporting the campaign, "Better Ways for Busways" (BW4B), for an alternative to the proposed Cambridge
South East Transport scheme (CSET). This scheme through the Granta Valley would erode the green belt, take some of the land
intended for Chalk Hill Down, potentially damage Nine Wells and impair the view from Magog Down. The BW4B alternative
along the A1307 is both environmentally less damaging and better value for money. The Trust has committed to financially
supporting this alternative at the forthcoming public enquiry to a maximum of £50,000.
Financially, the Trust is well placed to continue its work into the foreseeable future. Its reserves were further bolstered by
some generous legacies, amounting to £329,253, from the estates of Michael Bond (a former treasurer), Monica Potter
and Patrick Ribbands.
In closing, on a personal note, I should like to reiterate my thanks to all those who support the Trust. As well as those who have
already been mentioned, I should like to add the gate volunteers, my fellow Trustees and all the Friends/Members who
contribute financially through their subscriptions and donations.
The Magog Trust Report and Accounts for the year ended 31st March 2025
4

THE MAGOG TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REPORT OF THE DIRECTORS AND TRUSTEES (CONTINUED)
Transactions and financial position
The Statement of Financial Activities shows a surplus for the year of £335,542 (2024: £69,232), largely due to the
receipt of legacies amounting to £329,253. There was also a gain on investments of £7,956 (2024: £59,027).
Excluding these amounts, the underlying result from normal activities was a deficit of £1,667 (2024: £10,205 surplus).
Total income (excluding legacies), at £145,978, was virtually the same as the previous year (2024: £145,357).
Total expenditure increased by 9% to £147,645 (2024: £135,152). However, the true increase in non- farming costs was
much greater; up by 17% to £124,091 (2024: £105,944). Aside from the impact of inflation during the period, there
were CCTV expenses (£6,545), seeding of Chalk Hill Down (£16,932) and legal fees (f8,473) in respect of advice on the
acquisition of the new countryside park.
Tangible fixed assets for use by the charity
Details of movements in fixed assets are set out in note 6 to the accounts. All land apart from The Feoffee Field and Jane's
Piece is held freehold. There is no leasehold property.
The Trust holds a parcel of land known as The Feoffee Field on an agricultural tenancy with the Stapleford Feoffee Charity,
which runs for a 20 year term until November 2040.
Jane's Piece is held on a licence, at a peppercorn rental, from the same charity. The acquisition of rights over this land
has enabled the Trust to improve access for walkers.
Investments
In 2025, income from our listed investments dropped slightly by 8% to £19,593 (2024: €21,296) but still remains
above our target of £18,000. The market value of our investment portfolio increased by 2% to £799,031 (2024: £780,568).
The investment manager is mandated to operate on a Low-Medium risk strategy.
Interest receipts improved significantly to £6,238 (2024: £3,824) as the cash from the legacies was placed on deposit.
Reserves
The present level of income remains adequate to support the current level of normal activity. This excludes funds required
for any future major projects or works programme. As such, the Trustees are aware of the need to secure the long-term
management of the land and consider that drawing on reserves may be necessary in the medium to long term. The Board of
Trustees considers the financial position of the Charity to be satisfactory and its policy is to have cash funds available to
meet the foreseeable medium term needs
Directors and Trustees
All Directors of the Company are also Trustees of the Charity, and there are no other Trustees. All of the Trustees named on
page 3 served throughout the year unless otherwise indicated. The Board has power to appoint additional Trustees as it
considers fit to do so.
No Trustees are due to retire by rotation.
In accordance with the management of any potential conflicts of interest, it is declared that:
• Sara Sayer is a Partner of Birketts LLP, a firm of solicitors used by the Trust.
Claire Beale provides ranger services to the Trust on a contract for service of no fixed term.
The Magog Trust Report and Accounts for the year ended 31st March 2025
5

THE MAGOG TRUST
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REPORT OF THE DIRECTORS AND TRUSTEES (CONTINUED)
Risk management
The Trustees actively review the major risks that the Charity faces on a regular basis and believe that maintaining reserves
at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient
resources in the event of adverse conditions. The Trustees have also examined operational and business risks faced by the
Charity and confirm that they have established systems to mitigate the significant risks
Trustees' responsibilities in relation to the financial statements
The Trustees are required by company law to prepare financial statements for each financial year that give a true and fair
view of the financial activities of the Charity and of its financial position at the end of that year. In preparing those financial
statements, the Trustees are required to :
(a) select suitable accounting policies and apply them consistently
make judgements and estimates that are reasonable and prudent
state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting
standards and statements of recommended practice, subject to any material departures disclosed and explained in the
financial statements
(d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Charity will
continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any
time the financial position of the Charity and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
Independent examination
The income and turnover of the Charity are such that a full audit is not required for the current and future years. Jayne
Merrick examined the accounts for the year ended 31 March 2024 and has now retired. The Board have engaged
Nicholas Cliffe, director of Affinity Associates (Cambridge) Limited, as Independent Examiner and propose that he is
re-appointed at the forthcoming Annual General Meeting.
Public benefit
The Trustees are aware of The Charity Commission's guidance in relation to delivering public benefit. In promoting the
conservation of Magog Down and ensuring access to an extensive area of open space, the Trustees consider that they are
fulfilling the requirement to deliver a public benefit. The specific areas of activity are detailed on page 4 of this report.
Approval
The above report has been prepared in accordance with the small companies' regime, Companies Act 2006. It was approved
by the Board of Directors and Trustees on 21 October 2025 and signed on its behalf by
Christopher Bow
Chair and Trustee Director
The Magog Trust Report and Accounts for the year ended 31st March 2025

THE MAGOG TRUST
Company Number 2426534
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES AND DIRECTORS
FOR THE YEAR ENDED 31 MARCH 2025
I report on the accounts of the Company for the year ended 31 March 2025, which are set out on pages 8 to 14.
Respective responsibilities of trustees and examiner
The Trustees (who are also directors of the Company for the purposes of company law) are responsible for the
preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to:
•
examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by The Charity Commissioners (under
section 145 (5) (b) of the 2011 Act); and
and to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the General Directions given by The Charity Commission. An
examination includes a review of the accounting records kept by the Charity and a comparison of the accounts
presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and
seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide
all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts
present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with section 386 of the Companies Act 2006
•
to prepare accounts which accord with the accounting records, comply with the accounting requirements
of section 396 of the Companies Act 2006 and with the methods and principles of the Statememt of
Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2)
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
to be reached.
A. N Cliffe, Chartered Ac
Affinity Associates (Cambridge) Limited
Mill House, Mill Court,
Great Shelford, Cambridge, CB22 5LD
21 October 2025
The Magog Trust Report and Accounts for the year ended 31st March 2025
7

THE MAGOG TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF FINANCIAL ACTIVITIES
Notes
INCOMING RESOURCES
Donations and legacies
Charitable activities
Investments
TOTAL INCOME
RESOURCES EXPENDED
Charitable activities
Other
TOTAL EXPENDITURE
NET INCOMING RESOURCES
BEFORE OTHER GAINS
NET GAINS ON INVESTMENTS
NET MOVEMENT IN FUNDS
Reconciliation of funds
Total funds brought forward
Total funds carried forward
2
Unrestricted
funds
2025
€
334,334
115,066
25,831
475,231
139,439
8,206
147,645
327,586
7,956
335,542
1,450,976
1,786,518
The notes on pages 10 to 14 form part of these accounts.
The statement of financial activities includes all gains and losses in the year.
All income and expenditure derives from continuing activities
Unrestricted
funds
2024
€
6,895
113,342
25,120
145,357
127,620
7,532
135,152
10,205
59,027
69,232
1,381,744
1,450,976
The Magog Trust Report and Accounts for the year ended 31st March 2025

THE MAGOG TRUST
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
BALANCE SHEET AS AT 31 MARCH 2025
Notes
€
FIXED ASSETS
Tangible assets
Investments
CURRENT ASSETS
Debtors & prepayments
Fund management cash account
COIF cash deposits
Cash at bank and in hand
2025
€
513,457
799,031
1,312,488
8
11,245
27,155
88,670
361,804
488,874
46,955
27,214
84,484
40,442
199,095
CREDITORS: amounts falling
due within one year
NET CURRENT ASSETS
NET ASSETS
9
14,844
45,867
474,030
1,786,518
CHARITY FUNDS
Accumulated fund
Expendable endowment
General fund
TOTAL FUNDS
10-11
477,352
724,852
584,314
1,786,518
2024
517,180
780,568
1,297,748
153,228
1,450,976
477,352
716,896
256,728
1,450,976
The notes on pages 10 to 14 form part of these accounts.
For the year ended 31st March 2025, the company was entitled to exemption under section 477(1) Companies Act 2006.
No members have required the company to obtain an audit of its accounts for the year in question in accordance with
section 476(2). The directors acknowledge their responsibility for:
1) Ensuring the company keeps accounting records which comply with section 386
2) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of its
financial year and of its profit and loss for the financial period in accordance with section 396, and which otherwise
comply with the requirements of the Companies Act relating to accounts, so far as applicable to the company.
These financial statements have been prepared in accordance with the special provisions of Part 15 Companies Act 2006
relating to small companies.
Approved by the Board of Directors and Trustees on 21 October 2025 and signed on its behalf by
Christopher Bow
Chair and Trustee Director
Company Number 2426534
The Magog Trust Report and Accounts for the year ended 31st March 2025

THE MAGOG TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1 ACCOUNTING POLICIES
1.1 Basis of preparation of accounts
The financial statements have been prepared under the historical cost convention, with the exception of investments
which are included at market value. The financial statements have been prepared in accordance with the Charities
Statement of Recommended Practice (FRS102), applicable accounting standards and the Companies Act 2006.
Teve of and at and the expe repare on expeniture to 2 mo the fres have rev aped the curene
accounts and regard these as sufficient to justify the going concern basis.
1.2
Incoming resources
The Trust claims refunds of Income Tax on donations for which it holds a valid Gift Aid declaration for the year
in which the money is received. These refunds are included in incoming resources for that year.
Income received from memberships which give an entitlement to free parking and car parking charges levied on
non-member visitors is stated net of Value Added Tax.
1.3
Resources expended
Resources expended are included in the Statement of Financial Activities on an accruals basis.
Expenditure which is directly attributable to specific activities has been included in these cost categories. Where
costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis
consistent with the use of these resources.
1.4 Finance and operating leases
Rentals applicable to operating leases are charged to the Statement of Financial Activities over the period they
are incurred. The Trust has no finance leases at present.
1.5 Tangible Fixed Assets
Individual fixed assets costing £1,000 or more are capitalised at cost.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, on a straight line basis,
over their expected useful economic lives as follows:
Downland furniture & fixtures
10% -25% straight line basis
Machinery & equipment
25% straight line basis
No depreciation is provided on freehold land. Improvements in excess of €1,000 carried out on the site are
capitalised but not amortised due to their enduring nature and the maintenance programme undertaken by the
Trust. The Trustees have reviewed the value of the land and consider that there is no impairment of value for the
period ended 31 March 2025.
1.6 Investments
Investments are stated at market value at the balance sheet date. The Statement of Financial Activities includes
the net gains/(losses) arising on revaluations and disposals throughout the year.
1.7 Taxation
As a registered charity, the Trust is exempt from income and corporation tax and can recover tax paid on donations
under the Gift Aid scheme. The Trust is also exempt from Capital Gains Tax, so all gains are stated gross.
The Trust accounts for VAT on its subscriptions, car parking income and farming activities. Its other income consists of
dividends, donations and interest, all of which are out of scope for the purposes of VAT.
The Magog Trust Report and Accounts for the year ended 31st March 2025
10

THE MAGOG TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED)
2
ANALYSIS OF INCOME
Donations and legacies
Donations and gifts
Legacies
Charitable activities
BPS income
Car parking fees
Countryside Stewardship
Farming income
Subscriptions - free parking entitlement
Other
Investments
Income from listed investments
Interest receivable on cash deposits
TOTAL INCOME
3 ANALYSIS OF EXPENDITURE
Charitable activities
Farming costs
Ranger & other services
Administration
Website and Information Technology
Repairs & maintenance
Depreciation on tangible fixed assets
Rent
Parking machine costs
Professional fees
Insurance
Security
Independent examination fee
Other
Fund management costs
TOTAL EXPENDITURE
4 STAFF COSTS (INCLUDED IN EXPENDITURE)
Stat ayer pension contribution
Unrestricted
Funds
2025
€
5,082
329,253
6,765
17,849
22,807
31,641
35,799
204
19,593
6,238
475,231
Unrestricted
Funds
2025
23,554
20,782
27,252
6,896
28,701
3,723
4,800
3,780
11,632
1,599
6,545
175
8,206
147,645
2025
23,213
616
23,829
The average number of persons employed in the year was 2.0 (2024: 2.0)
Unrestricted
Funds
6,395
8,795
19,925
7,396
39,351
37,325
550
21,296
3,824
145,357
Unrestricted
Funds
2024
29,208
24,310
28,486
6,710
20,398
5,042
4,200
2,980
5,971
175
7,532
135,152
2024
22,648
602
23,250
The Magog Trust Report and Accounts for the year ended 31st March 2025
11

THE MAGOG TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED)
5 DIRECTORS' REMUNERATION & RELATED PARTY TRANSACTIONS
No director received any remuneration for acting as a trustee/director.
No trustee received an ex-gratia payment (2024: £1,000 paid to Christopher Bow)
One trustee, Claire Beale, provided ranger services under a contract through her business which received £17,995
(2024: £21,464).
Out of pocket expenses were reimbursed to one trustee (2024: one) amounting to £25 (2024: £3).
One trustee, Sara Sayer, is a Partner of Birketts LLP, a firm of solicitors used by the Trust. Its services are provided
on an arm's length basis under the direction of other partners. The amount paid to Birketts LLP in the year
was £10,448 (2024: £5,565).
A related party, Rachel Bow, provided website support under a contract through her business which received
£150 (2024: £510). This contract was terminated on 30 September 2024.
6 TANGIBLE FIXED ASSETS
Cost/valuation
At 1 April 2024 and 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
7 INVESTMENTS
Fixed Income Bonds/Funds
Equities
UK Equities
International Equities
Equity Total
Property
Investment Funds
Total Listed Investments
Cash held in capital fund
Total Investments at 31 March 2025
Investment portfolio at 1 April 2024
Additions
Disposals
Unrealised Gains for year
Investment portfolio at 31 March 2025
Charles Stanley Capital Account
Land
508,335
Downland
Furniture &
Fixtures
17,758
Machinery &
Equipment
€
20,822
-
13,031
1,422
14,453
16,704
2,301
19,005
508,335
508,335
3,305
4,727
1,817
4,118
At Cost
€
232,627
Value
2025
E
226,063
109,888
225,370
335,258
18,583
100,787
687,255
19
687,274
656,523
92,886
(62,154)
687,255
19
687,274
124,491
322,211
446,702
16,341
109,906
799,012
19
799,031
780,520
92,886
(79,780)
5,386
799,012
19
799,031
Total
€
546,915
29,735
3,723
33,458
513,457
517,180
Value
2024
198,110
131,412
326,553
457,965
16,017
108,428
780,520
48
780,568
708,684
240,054
(227,040)
58,822
780,520
48
780,568
The Magog Trust Report and Accounts for the year ended 31st March 2025
12

8
DEBTORS & PREPAYMENTS
Income due from harvest
Gift Aid
Recoverable VAT
Other debtors
Prepayments
CREDITORS: amounts falling due within one year
Farming costs payable
Other accounts payable
Accrued expenses
VAT payable
THE MAGOG TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED)
2025
€
1,051
858
4,187
2,000
3,149
11,245
2025
€
5,008
5,470
4,366
14,844
2024
39,351
1,185
3,441
1,379
1,599
46,955
2024
€
33,781
3,730
6,993
1,363
45,867
10 STATEMENT OF FUNDS
At
1 April
2023
Unrestricted funds:
Accumulated fund
Expendable endowment
General fund
Total unrestricted funds
477,352
657,869
246,523
1,381,744
Movement
during
2023-24
59,027
10,205
69,232
At
31 March
2024
477,352
716,896
256,728
1,450,976
Movement
during
2024-25
€
7,956
327,586
335,542
Unrestricted Funds comprise:
Accumulated Fund
This represents funds raised by members of The Magog Trust and applied to the purchase and restoration of Magog Down.
Expendable Endowment Fund
This comprises legacies received by the charity in previous years. The investment income from this fund is applied to the
principal objects of the charity as set out on page 4.
General Fund
This represents the cummulative reserves generated by its activities over time including the current year's legacies.
At
31 March
2025
477,352
724,852
584,314
1,786,518
The Magog Trust Report and Accounts for the year ended 31st March 2025
13

THE MAGOG TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED)
11 ANALYSIS OF NET ASSETS BETWEEN FUNDS
At 31 March 2025
Investments
Unrestricted funds:
Accumulated fund
Expendable endowment
General fund
Total
At 31 March 2024
Tangible
fixed
assets
€
477,352
36,105
513,457
Tangible
fixed
assets
477,352
39,828
517,180
772,852
74,179
799,031
Investments
€
716,896
63,672
780,568
Cash at bank
and in hand
:
477,629
477,629
Cash at bank
and in hand
:
152,140
152,140
Other net
current
assets
:
(3,599)
(3,599)
Other net
current
assets
€
Net
assets
477,352
724,852
584,314
1,786,518
Net
assets
Unrestricted funds:
Accumulated fund
Expendable endowment
General fund
Total
1,088
1,088
477,352
716,896
256,728
1,450,976
12 CONTINGENT LIABILITY
The Trust has committed to supporting a loose grouping of local charities, parish councils and a land owner
(collectively known as "Better Ways for Busways - BW4B) to oppose the construction of a bus road through the Granta valley.
This busway would adversely impact Trust land, both directly and indirectly. The Trust has committed financial support, up to
a maximum of £50,000, to help defray the legal costs of BW4B at the forthcoming public enquiry.
No payments were made by the Trust as at 31 March 2025.
13 POST BALANCE SHEET EVENTS
In May 2025, the Trust took legal title to a portion of arable land as part of a Section 106 agreement relating to the development
of the Stapleford retirement village known as Strawberry Fields. This land was gifted to the Trust along with a sum of money to
enable the Trust to establish a chalk grassland and maintain it in perpetuity for conservation and public amenity. This sum
is presently held by South Cambridgeshire Council on the Trust's behalf pending formal registration of title with the appropriate
government authority.
The Magog Trust Report and Accounts for the year ended 31st March 2025
14