Wighton Doorstep Green Charity Limited - Charities report

REGISTERED COMPANY NUMBER: 05041578 (England and Wales)

REGISTERED CHARITY NUMBER: 1102183

Wighton Doorstep Green Charity Limited

(A Company Limited by Guarantee)

Trustees' Report and

Unaudited Financial Statements for the Year Ended 28 February 2025

Page

Trustees' Report

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

10

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2025. The trustees have adopted the provisions of 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).

Structure, governance and management

Governing document

The company was formed on 11 February 2004 and is governed by its Memorandum and Articles. The company is a registered charity set up on the same date.

Reserves policy and risk management

The charity has reserves levels of £23,168 (2024: £23,063). This is made up of fixed assets of £10,001 (2024: £10,001) and liquid resources of £13,167 (2024: £13,062). These liquid resources would be sufficient to meet the expenditure needed for approximately five years and is therefore deemed to be a reasonable level of reserves.

The trustees have reviewed the risks faced by the charity and will continue to monitor the risks. The risk management strategy to be followed comprises of the following:

- an annual review of the risks the charity may face

- the establishment of systems and procedures to mitigate those risks identified in the plan

- the implementation of procedures designed to minimise any potential impact on the charity should any of those risks materialise.

Reference and administrative details

Registered Company number

05041578 (England and Wales)

Registered Charity number

1102183

Registered office

10 Oak Street

Fakenham

Norfolk

NR21 9DY

Trustees

Mr G Brett Reynolds

Mr T B Green

Mr J E Harrison

Ms S J Trend

Mr D J Skinner (appointed 17.3.2025)

Company Secretary

Ms S J Trend

Review of activities

During the year to 28 February 2025, the charity was involved mostly in the continued upkeep of the recreation field.

The "100 Club" continued during the year as a fundraising scheme.

Financial results

The accounts show the results for the fourteenth year of the charitable company's existence. The income was derived from donations and "100 Club" receipts.

In the year there was a surplus of income over expenses totalling £105 (2024: Deficit of £3,097).

Approved by order of the board of trustees on 30 October 2025 and signed on its behalf by:

Ms S J Trend - Trustee

28.2.25

29.2.24

Unrestricted

fund

Total funds

Notes

£

Income and endowments from

Donations and legacies

1,100

250

Other trading activities

2

1,346

1,131

Total

2,446

1,381

Expenditure on

Raising funds

2,341

4,478

NET INCOME/(EXPENDITURE)

105

(3,097

)

Reconciliation of funds

Total funds brought forward

23,063

26,160

Total funds carried forward

23,168

23,063

28.2.25

29.2.24

Unrestricted

fund

Total funds

Notes

£

Fixed assets

Tangible assets

6

10,001

Current assets

Cash at bank

13,167

13,062

Net current assets

13,167

13,062

Total assets less current liabilities

23,168

23,063

NET ASSETS

23,168

23,063

Funds

7

Unrestricted funds

23,168

23,063

Total funds

23,168

23,063

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 30 October 2025 and were signed on its behalf by:

Ms S J Trend - Trustee

Mr G Brett Reynolds - Trustee

1.	Accounting policies

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leases

-

Held at cost

Plant and machinery

-

15% p.a. reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	Other trading activities

28.2.25

29.2.24

£

100 Club receipts

1,346

1,131

3.	Trustees' remuneration and benefits

There were no trustees' remuneration or other benefits for the year ended 28 February 2025 nor for the year ended 29 February 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 28 February 2025 nor for the year ended 29 February 2024.

4.	Staff costs

The average monthly number of employees during the year was as follows:

28.2.25

29.2.24

Trustees

4

No employee earns over £60,000 per annum.

5.	Comparatives for the statement of financial activities

Unrestricted

fund

£

Income and endowments from

Donations and legacies

250

Other trading activities

1,131

Total

1,381

Expenditure on

Raising funds

4,478

NET INCOME/(EXPENDITURE)

(3,097

)

Reconciliation of funds

Total funds brought forward

26,160

Total funds carried forward

23,063

6.	Tangible fixed assets

Plant and

Leases

machinery

Totals

£

Cost

At 1 March 2024 and 28 February 2025

10,000

51,809

61,809

Depreciation

At 1 March 2024 and 28 February 2025

-

51,808

Net book value

At 28 February 2025

10,000

1

10,001

At 29 February 2024

10,000

1

10,001

All tangible fixed assets are used for charitable purposes.

7.	Movement in funds

Net

movement

At 1.3.24

in funds

At 28.2.25

£

Unrestricted funds

General fund

23,063

105

23,168

TOTAL FUNDS

23,063

105

23,168

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

2,446

(2,341

)

105

TOTAL FUNDS

2,446

(2,341

)

105

Comparatives for movement in funds

Net

movement

At 1.3.23

in funds

At 29.2.24

£

Unrestricted funds

General fund

26,160

(3,097

)

23,063

TOTAL FUNDS

26,160

(3,097

)

23,063

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

1,381

(4,478

)

(3,097

)

TOTAL FUNDS

1,381

(4,478

)

(3,097

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At 1.3.23

in funds

At 28.2.25

£

Unrestricted funds

General fund

26,160

(2,992

)

23,168

TOTAL FUNDS

26,160

(2,992

)

23,168

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

3,827

(6,819

)

(2,992

)

TOTAL FUNDS

3,827

(6,819

)

(2,992

)

8.	Related party disclosures

There were no related party transactions for the year ended 28 February 2025.