Charity registration number 1007740
Company registration number 02331405 (England and Wales)
ASTBURY MERE TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ASTBURY MERE TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs S Dean
G F Cresswell
L I Mort
R B Mort
Cllr S M Akers Smith
Mr P Speed
Mrs Caroline Whiting
Mr P Howell
Mr G Wolfenden
Mrs M A F Gartside
Mr G R Edwards
(Appointed 20 July 2023)
Secretary
Mrs S Dean
Charity number
1007740
Company number
02331405
Principal address
Trustee Office
Astbury Mere Country Park
Sandy Lane
Congleton
Cheshire
England
CW12 4FP
Registered office
Trustee Office
Astbury Mere Country Park
Sandy Lane
Congleton
Cheshire
England
CW12 4AW
Independent examiner
Amanda Grint, FCCA
Hammond McNulty LLP
Bank House
Market Square
Congleton
Cheshire
England
CW12 1ET
ASTBURY MERE TRUST
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
4
Statement of financial activities
5
Balance sheet
6
Notes to the financial statements
7 - 16
ASTBURY MERE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 1 -

The trustees present their annual report and financial statements for the year ended 31 December 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's articles of association, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The main purpose of the charity is to manage and maintain the country park at Astbury Mere, Congleton. To provide for the benefit of the inhabitants of Congleton and district a managed and maintained country park at Astbury Mere in perpetuity for recreation or other leisure time occupation with the object of improving life for the said inhabitants.

 

Significant activities

The trustees confirm that the main activities undertaken during the reporting period have been in accordance with the Charity Commission's guidance on public benefit.

 

The main activities undertaken by the trust were land management operations to maintain and improve the Country Park for the benefit and enjoyment of the public. The activities were arranged through our Ranger Service and most involved volunteer work either in full or in part.

 

The key activities for 2023 were:

 

Ongoing maintenance operations, along with repairs to paths, seats, fencing and signage kept the park looking in prime condition. Annual tasks were completed through the year including the cutting back of vegetation adjacent to paths throughout the site, around the Wildlife Area pond and in the Community Orchard. The various meadows throughout the park had their seasonal cuts, with bramble and self-sown saplings removed from the meadows on the east bank of the park.

 

Work continued on the thinning of the woodland at the southern end of the park and the final safety works to ensure all the recommendations from the independent Tree and Woodland safety audit were completed.

 

Initial tree survey work was also undertaken in advance of the production of a new 10 year woodland management plan for the site, due next year.

 

Volunteer clients from the Rossendale Trust spent a number of days trimming some of the park's shrub beds. We also welcomed several individual volunteers, work experience students and young people undertaking restorative justice work in the community. In total the equivalent of 52 additional 'person days' (excluding work undertaken by volunteer trustees) were committed to the site over the course of the year.

 

Volunteers

We do not have any permanent or semi-permanent volunteers.

 

Volunteers are sought for particular jobs or projects as needed. Our primary source is from those who have volunteered in the past; volunteers come from many sources including individuals, organised groups such as the The Rossendale Trust and businesses looking for activities to support their social responsibility programmes.

 

ASTBURY MERE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
Achievements and performance
Significant activities and achievements against objectives

The park remained as popular as ever through the year, with an estimated 400,000 visitors now enjoying the facilities - a significant increase on previous years.

 

Regular groups from Congleton U3A and Congleton Writers Forum continued to utilise the Community Room and the weekly Congleton Park Run remained well frequented, as previous years.

 

We hosted a couple of sponsored walks and two enjoyable birdwatching events. In addition, a new orienteering course was established in the park, overseen by Peak Pursuits. Educational visits were made to the park by local schools and scout groups.

 

A new flower planter was installed outside the Community Room - a feature centrepiece surrounded by five information boards about the park's wildlife. New donated planters were also installed around the café, making an attractive addition to this setting.

Financial review

While the income derived from the Trust's investments only represents 8.6% of the total income it is necessary to ensure that the reserves are kept as safe as possible whilst generating the best level of return. The investment objective is to generate a return bettering inflation over the long term, after expenses. This should allow the Trust to at least maintain the value of the investment, whilst the income from that investment is used to contribute to the running cost of managing and maintaining the park.

 

All investments should produce a return in line with the Trust's stated investment objectives agreed by the Trustees and where practical ensuring that those funds are invested ethically.

Structure, governance and management

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

 

Reference and administrative details

Registered Company number

02331405 (England and Wales)

 

Registered Charity number

1007740

 

Registered office

Trustee Office

Astbury Mere Country Park

Sandy Lane,

Congleton

Cheshire

CW12 4FP

 

Company Secretary

Mrs S Dean

ASTBURY MERE TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 3 -

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs S Dean
A Cresswell
(Resigned 10 October 2023)
G F Cresswell
L I Mort
R B Mort
Cllr S M Akers Smith
Mr P Speed
Mrs Caroline Whiting
Mr P Howell
Mr G Wolfenden
Mrs M A F Gartside
Mr G R Edwards
(Appointed 20 July 2023)
G B Taylor
(Appointed 20 July 2023 and resigned 10 September 2023)
Mr J M Whitehead
(Resigned 12 January 2023)
Recruitment and appointment of trustees

Trustees can be appointed at any meeting of the trustees. Anyone wishing to become a trustee has to submit an application to the trustees. At the AGM one third of the trustees, being the longest serving members, retire and can stand for re-election, so that trustees are effectively voted in for 3 years. Trustees are voted in by a majority vote.

The trustees' report was approved by the Board of Trustees.

Mrs M A F Gartside
Trustee
17 September 2024
ASTBURY MERE TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ASTBURY MERE TRUST
- 4 -

I report to the trustees on my examination of the financial statements of Astbury Mere Trust (the Charity) for the year ended 31 December 2023.

Responsibilities and basis of report

As the trustees of the Charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Amanda Grint, FCCA
Hammond McNulty LLP
Bank House
Market Square
Congleton
Cheshire
CW12 1ET
England
Dated: 19 September 2024
ASTBURY MERE TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
- 5 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2023
2023
2023
2022
2022
2022
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
5,126
17,340
22,466
6,856
1,642
8,498
Charitable activities
4
78,540
-
78,540
70,852
-
70,852
Investments
5
7,855
-
7,855
6,412
-
6,412
Total income
91,521
17,340
108,861
84,120
1,642
85,762
Expenditure on:
Raising funds
6
2,354
-
2,354
2,320
-
2,320
Charitable activities
7
87,118
575
87,693
84,306
835
85,141
Total expenditure
89,472
575
90,047
86,626
835
87,461
Net gains/(losses) on investments
12
9,194
-
9,194
(26,884)
-
(26,884)
Net income/(expenditure)
11,243
16,765
28,008
(29,390)
807
(28,583)
Transfers between funds
6,989
(6,989)
-
3,157
(3,157)
-
Net movement in funds
9
18,232
9,776
28,008
(26,233)
(2,350)
(28,583)
Reconciliation of funds:
Fund balances at 1 January 2023
450,896
11,287
462,183
477,129
13,637
490,766
Fund balances at 31 December 2023
469,128
21,063
490,191
450,896
11,287
462,183

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

ASTBURY MERE TRUST
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 6 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
14
217,791
205,563
Investments
15
222,879
212,235
440,670
417,798
Current assets
Stocks
16
7
280
Debtors
17
10,168
7,348
Cash at bank and in hand
53,885
50,881
64,060
58,509
Creditors: amounts falling due within one year
18
(14,539)
(14,124)
Net current assets
49,521
44,385
Total assets less current liabilities
490,191
462,183
Net assets
490,191
462,183
The funds of the Charity
Restricted income funds
19
21,063
11,287
Unrestricted funds
469,128
450,896
490,191
462,183

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 17 September 2024
Mrs M A F Gartside
Trustee
Company registration number 02331405 (England and Wales)
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 7 -
1
Accounting policies
Charity information

Astbury Mere Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Trustee Office, Astbury Mere Country Park, Sandy Lane, Congleton, Cheshire, CW12 4AW, England.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's articles of association, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

 

The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. Investments are included at market value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.
1.4
Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies
(Continued)
- 8 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

 

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% on reducing balance and not provided on land
Plant and equipment
10% on reducing balance
Fixtures and fittings
10% on reducing balance
Computers
10% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8
Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

1.10
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies
(Continued)
- 9 -
1.11
Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.12
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 10 -
3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2023
2023
2023
2022
2022
2022
£
£
£
£
£
£
Donations and gifts
4,798
17,340
22,138
6,647
1,642
8,289
Gift Aid
328
-
328
209
-
209
5,126
17,340
22,466
6,856
1,642
8,498
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Room Hire

Income from charitable activities    

4,368
4,467
Catering Concession

Income from charitable activities    

26,362
19,204
Car Parking

Income from charitable activities    

21,603
21,159
Rents Received

Income from charitable activities    

26,207
26,022
78,540
70,852
5
Income from investments
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£

Listed Investment Income    

7,242
6,330
Interest receivable
613
82
7,855
6,412
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 11 -
6
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
Trading costs

Stock Movement

273
120
Investment management
2,081
2,200
Total costs
2,354
2,320
7
Expenditure on charitable activities
Total Costs
Total Costs
2023
2022
£
£
Direct costs
Depreciation and impairment
5,507
5,669

Wages

12,849
11,958

Pensions    

205
172

Rates and Water

710
1,113

Insurance    

6,714
6,002

Light and heat

9,107
4,167

Telephone    

433
299

Postage and stationery

151
251

Sundries    

1,656
1,628

Repairs

15,174
16,007

Warden Costs

28,533
27,519

Footpath Project Costs

-
5,846

PSP Charges

1,274
542
82,313
81,173
Share of support and governance costs (see note 8)
Governance
5,380
3,968
87,693
85,141
Analysis by fund
Unrestricted funds
87,118
84,306
Restricted funds
575
835
87,693
85,141
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 12 -
8
Support costs allocated to activities
2023
2022
£
£
Bank Charges
1,011
820
Paypal Fees
186
142
Governance costs
4,183
3,006
5,380
3,968
Analysed between:
Total Costs
5,380
3,968
9
Net movement in funds
2023
2022
£
£
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
5,507
3,937
Loss on disposal of tangible fixed assets
-
1,732
10
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

 

Trustees' expenses

Trustee expenses paid in the year totalled £NIL (£46 2022). Repairs (2022 £4 to one trustee), general expenses (2022 £42 to one trustee).

11
Employees

The average monthly number of employees during the year was:

2023
2022
Number
Number
1
1
There were no employees whose annual remuneration was more than £60,000.
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 13 -
12
Gains and losses on investments
Unrestricted
Unrestricted
funds
funds
2023
2022
Gains/(losses) arising on:
£
£
Revaluation of investments
9,220
(24,778)
Sale of investments
(26)
(2,106)
9,194
(26,884)
13
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

14
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
£
Cost
At 1 January 2023
210,675
27,085
7,119
4,673
249,552
Additions
-
-
17,735
-
17,735
At 31 December 2023
210,675
27,085
24,854
4,673
267,287
Depreciation and impairment
At 1 January 2023
19,135
17,184
4,297
3,373
43,989
Depreciation charged in the year
2,331
990
2,056
130
5,507
At 31 December 2023
21,466
18,174
6,353
3,503
49,496
Carrying amount
At 31 December 2023
189,209
8,911
18,501
1,170
217,791
At 31 December 2022
191,540
9,901
2,822
1,300
205,563
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 14 -
15
Fixed asset investments
Listed investments
£
Cost or valuation
At 1 January 2023
212,235
Additions
53,847
Valuation changes
9,220
Realised loss
(26)
Disposals
(52,397)
At 31 December 2023
222,879
Carrying amount
At 31 December 2023
222,879
At 31 December 2022
212,235
16
Stocks
2023
2022
£
£
Finished goods and goods for resale
7
280
17
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
1,822
105
Other debtors
310
211
Prepayments and accrued income
8,036
7,032
10,168
7,348
18
Creditors: amounts falling due within one year
2023
2022
£
£
Other taxation and social security
547
334
Trade creditors
4,642
3,905
Other creditors
37
100
Accruals and deferred income
9,313
9,785
14,539
14,124
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 15 -
19
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 January 2023
Incoming resources
Resources expended
Transfers
At 31 December 2023
£
£
£
£
£
Mrs D Dillion
480
-
-
-
480
Medium Term Reserve
10,000
-
-
-
10,000
Defibrillator Replacement
325
-
-
-
325
Dogbath
60
-
-
-
60
Toilet Refurbishment Phase 1
422
6,152
-
(6,574)
-
Toilet Refurbishment Phase 2
-
415
-
(415)
-
Toilet Refurbishment Phase 3
-
198
-
-
198
Biodiveristy Project
-
10,000
-
-
10,000
Educational Signs Plant Stand
-
575
(575)
-
-
11,287
17,340
(575)
(6,989)
21,063
Previous year:
At 1 January 2022
Incoming resources
Resources expended
Transfers
At 31 December 2022
£
£
£
£
£
Mrs D Dillion
480
-
-
-
480
Medium Term Reserve
10,000
-
-
-
10,000
Co-op Community Fund
1,857
-
-
(1,857)
-
Footpath Resurfacing
1,300
-
-
(1,300)
-
Defibrillator Replacement
-
1,160
(835)
-
325
Dogbath
-
60
-
-
60
Toilet Refurbishment
-
422
-
-
422
13,637
1,642
(835)
(3,157)
11,287
20
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 January 2023
Incoming resources
Resources expended
Transfers
Gains and losses
At 31 December 2023
£
£
£
£
£
£
General funds
450,896
91,521
(89,472)
6,989
9,194
469,128
ASTBURY MERE TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
20
Unrestricted funds
(Continued)
- 16 -
Previous year:
At 1 January 2022
Incoming resources
Resources expended
Transfers
Gains and losses
At 31 December 2022
£
£
£
£
£
£
General funds
477,129
84,120
(86,626)
3,157
(26,884)
450,896
21
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 31 December 2023:
Tangible assets
217,791
-
217,791
Investments
222,879
-
222,879
Current assets/(liabilities)
28,458
21,063
49,521
469,128
21,063
490,191
Unrestricted
Restricted
Total
funds
funds
2022
2022
2022
£
£
£
At 31 December 2022:
Tangible assets
205,563
-
205,563
Investments
212,235
-
212,235
Current assets/(liabilities)
33,098
11,287
44,385
450,896
11,287
462,183
22
Related party transactions

There were no disclosable related party transactions during the year (2022 - none).

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