KESGRAVE CHURCH OF ENGLAND CHARITY (Registered Charity No. 1015051) ACCOUNTS FOR THE YEAR ENDED 31 December 2024 AND BALAINCE SHEET AS AT THAT DATE Charity Trustccs, Meeting held on 23 October 2025
KII SGRAVE CHURCH OF ENGLAND CHARITY. Annual Ac¢(JunÈs For the Year Ended 31 December 2024. INDEX Con¢cnt$ P8g¢ Members of the Board and Charity Details 'I'rustee's Report St#tetnent% of Finthncial Aetivities B#l411¢¥ Sheet 40tes to the Fln#ncl#l .Stxtcment5 9-11 Independent Ci xAmlner's Report 12
KESGRAVL CHURCH OF ENGLAND CHAR11'Y. A TTnual Accounts For thL, Year Ended.11 December 2024. 'I'hc IloArd of 'l'rustccs Rev Andi'ew Dotchin Chaii'man {4ippoinlLLI I ULtubLT 20241 ChurLh Wurdeiis. Mr Rob¢rt Bullainoir Mrs Karen Priiiyl TStett Truqtee Secretary l Treo$urer Mrs KarLn Pringile C.hai'it}' Addre.ss Clo Mis K PrinbFle 317 M¢lton Grangc Road Mel(Lin WOODBRIDCJb IP12 ISI) Charity's Bankers Co-oper#live Bank- C.urreni ALcount M & CJ C,hai'ifiind & C.hiribi)nd Invcgtment A¢cc>unl Hampsliirc Tru81 Purpose #nd Objectives of Charlty Tlie Trust wa$ registered as a Cl)arity i)n th¢ 7111 JanuHry, 19811 with the exprc4'5 PLII'POSL Ot. Uslllg <111 i)I' ils ilIL(ImL, inLlu(lii)g that IlLLI'uin rroin Tlie lenanled ()cciipaLioii (If its a$4el% li.e. land 8nd building5 as delÈiiled elgewl)crc in IhL%c AcLounl%l ii) tl)c tuitlieraiice of the iiligTlOU.s aiid oil)ci' Llidl-ilablL wurk ()r Ilie Chur¢li of Englaiid in thL LcLIL%iastiLal pari.%li of All Saiiils C. ot E. Church. Kc5grave. The tiustees of the ¢harity dl'L the iiicuinbent vicar of tlic Pdri%li cind the two ehureh W<l1'den.%. Thcsc iippoinlments ar¥ automatically updated tollowing th¢ Annual ParoLliial CIILifLlI CounLil mL'eling held in Apiril or May
KESGRAVE CHURCH OF ENGLAND CHARITY. Trustees Report For the Year Ended 31 December 2024. At tlie 5tai't ot 2n24 the part-linie tamilies aiid children'8 wol'ker resigned fron) her post along with the I'emaining ramilies workers. The iru8leeq, along with the PCC ot All Saiiils Kcsgrave decided that, due to being in a turther PLriod i)l- UllLCI'l<iinty ai'()Liiid Il)L illcLimbciil'% I'1)le, 1101 to <ldvLrlise for 41 repla¢¢mLiil ai)d Ii) wail until the 8ittiiilion Ivas resolved. An intei'itll priest was appointed ftt the end of October 2024 and discussions around l)ow to proceed wilh y(Iiiili and familie% work aiid how the charity ean support that have begun and continue in 2a25. As a result of this the majority of the charity's M'oi'k has been to continue Iiini)ingr the Fred Upion Hall. 11 14 hired i?Iii m(Tr%l duyi i)r Ihe week und hus generalLd u burplLl8 of inlomc ovci. cxpendilurc. MuinlenanLe work iii 2024 inLluded rLplacing ilie gullering and reinedial work on tlie ele¢trics will take place in early 2025. Tlic Uki'ryi inian liub in Kc%grav¢ continiiLS biit ivork hlL 4 I'ediiced. C"o11<1boration with olhcr hiibs in the vicinity has IIILfL<i%ed diid %uppui't beeii Biveii lo Ukraiiiiai) familie% loially and ¢ilso for aid worker% lo luke supplie% lo Ukrdine. The bdlaiiLe ul. ur runds avdilable tu the l)ub lias reduLed duriiiuT Ilie Loufbe of 20?4. DLII'II)yT 20?4 Ihc chAriry ImLt il.s obligations wilh re&vard% to providing, PLIIS5()n8 t(Ir cmployees. At present no eiiiployL'L4 In¢et the iiiiniinum ¢riteria lur dulvinutlL LnroliiiLnl iii tlie Lh&irily's pLnsivii 8¢heme. Rnhert Ilull#niore TruylL¥ ChurLhwArden
KESGRAVE CHURCH OF E.NGLAND CHARITY. STATEMENL T OTr TrINANCIAL .4CTIVIIILS Iir the year Elided 31 D¢cembcr 2024. 2024 Unrestricted RestrictLd Fiinds 2023 Total ri Iinds Endowment li unds. Tolal INCOMING Rf,s()URCES Dunutions Lekyacies Unrcsti'icted Don¢ilioiis Yc)Liili W()rkei' Suppoi't: All Saints parishinnLI'8 und Lhill'ltieq 2n 20 3,7115 Charitnble activities UkrainiAn Hiib Investments DiviLluiid8 M & CI 111LS1n1entS Chariboi)d r)ivid¢i)ds C'lidril uiid Dii'id¢iids IntLI'L.4t Hiimpshiri Ti'iiql 1,5()6 1,566 6.773 339 6,773 339 5.529 322 541 541 5.77 I.78 13.21.3 1,7851 13,213 1,4()7 9.1?.31 rLd Ui).%nn Hiill HirL II)Ll)iiie 'I'()'I':IL £22,674 £0 £27.945 £22.292
KESGRAVE CHURCH OF ENGLAND CHARITY. STAI'EMENT OF FINANCIAL ACTIVITIES ror the Year F.nded 31 December 2Q24. 2024 Unrestricted Restricted 2023 Tot#1 Funds Endowment Fund8 Total ri unds Funds Funds Notes RESOURCF.S EXPETr4DED Rai8lng Funds Investment managcment Lost5 In.qiiraiice rred Upson Hall running exp Fred Upson Hall - Deprcciation EbtiiLe Mainleiiaiice 1,355 5,120 1,355 5,120 2,L)011 1.232 5,556 2.000 400 2,11011 ChArital)le activil'le Custs. vl-uLlivilies in furtherai)ce of tlie Chai'ity's slated objcctiVL.4'. Families Workcr Salaries Faiiiily Woi'k F',xpensLS Ukraiiiiaii Ilub 1,288 1,288 9,108 253 6.308 6,.3011 T()TAL £0 £16,102 £21,467
KFSGRAVF. CHURCH OF ENGLAND CHARITY.
STATEMENT Ob FINANCIAL ACTIVITIES SUMMARY
For thL YLar Endcd 31 December 2024.
2024
Uiirestrieted Resti'icted
"unds
Funds
2023
Total
Fund5
Endowment
Funds
Tot41
Fuiid$
Notes
INCOMINCI RF,.SOURCF.S
22,674
5,271
22,292
Deduct Re%ources F.xpended.
RFS()URCF.S F.XPF.NDF.D
Nct incomcl{expLndlture) l)efure
Investment g#in511osses
16.199
(4,356)
11,843
1125
NLI g¥ai1is1110.4SLS} on i17vesliiieiit
C.harihoiid
(.'h¢iritiind
15,446)
(5.44C>)
4,879
Net Incnmel(expendlture)
16..340
(4.156)
(4,446)
5,574
Ti'
KESGRAVE CHURCH OF ENGLAND CHARITY. BALANCE SHEET As at 31 December 2024. 2024 Unreytricted RestriLted Funds Funds 2023 Total Funds Eudowment Funds Total Funds Notes ixed Assets Buildings 40.000 40,000 42.000 Currettt A%se¢s Dcbtors Lu¢lll Payinenls iii Advonce 797 797 2.-114 500 200 Current A8%et Iiiveslinenls,. M & G Cl)uribond M & CJ C.hlL rifui)d Aecounl Ha111p8hire Tni81 149.146 149.146 -s,551 72.661 154.591 -S.410 72.120 5,551 4.086 541 651,034 Ca8h dt Bartk artd in hand. C'o-op Current Accoiinl Casl) 11,565 314 184 31,749 17,087 80 294.302 9,X21 217,18n 2611,218 Current l.iabilities ('.re(lilor4'. anic)unl% fullingy dLie wiihin on¢ yb8r Ncl C.'ui'rcnt A8setg (622) 29.3.fi110 9.821 217.180 260.218 T()TAL NET AS,SLTS £.11,217 £49,821 £217,180 £100,218 £29.1,6110 'unds nf thL Charitv .33,217 49,821 217,1%0 16.877 .54.177 222.626 Re.8lricied Fund Endowmeni Flind 49.821 217.1800 £.13 217 £49,112] £217 180 £300 18 £29.1680 Apprtsved by: Mrs K Prii)glc Ilonorary Treasurer Mr R Elullum(IrL Honorary Chairperson Dale ThL N()Ic% (>n Pagies 9 - 1 I fi)rni part of the.4e Financidl StatemLnts
KESGRAVE CHURCH OF ENGLAND CHAIUTY. Not¢s to the ALcvunts For the Year Lnded 31 December 2024. Basls of pr¢paration Basis of Accounting Thesc accounts havc been prepared on thc ba%]% of historical cost except Iliat the Charibond aiid Charifund arc shown at CULTent 'alue In 8c¢ordance with the Statement of Recommended Practice.. Accounting and Repurting by Charities preparing their UCLounts in accordaiiie with the Financial Reporting Stand&rd applicable in the IJK and Republic ot Ireland IFRS 102} issued on 16 July 2014 the Financial Reporting Standai'd applicable in the United Ktngdom and RepubliL of Irelaud (FRS 1021 And with the Charilics Act 2011 Tlie Charity Lonstilules a public benefil enlily a% defined by FRS I O? Tl)e.qe financial strdtLrncnts coniply with PRS102 SLLtion IA small entitie5 Change in BA81 The account% presenl a true and fair view and the accounting policieq arc thoqe outliiied in niJte 2. -fhcr¢ ha.q bcen no change lo thc accounting policies, valuation rulcs ond Inethods ot'a¢¢ounling since last year AecountinR Policle$ Recokinltlon of Incomlng resthurees These aTr included in the Sialemenl ofFinancial ALlivities (SOFAI whcn Thc churily becomes entiilLd tu IhL rL%uurLC¥ Tlic trustCLS ar¢ virtually certain they will ¢¢iv¢ the I'CSOUIL'CS Thc moiiclary value can be measured wilh yufficient reliability Thcrc ha% been no offs¢lting ()r a%4Cts and liabilities, or incninc ai)d exp¢iises. unless requircd or pcrit)ified by the FRS 102 SORP or FRS 102. Grants and Donations are only in¥luded in the SOFA when th¢ Lhui'ity has evidence of entitlement, i'eceipl is probahle and th¢ llmount ean he measured reliably. Cil'aiits arc only included whei) any t¢rnis oi. conditions altsched lo the grant have been met. This i.q included in the aceounts whcn r¢ceipl is probable and the ami)unl receivable C<in b¢ Imcasui'cd reliably. This includes any realised or unrc&li%cd gain or1088 on the sale of investments and any gain or loqs regulting from rcvaluing inve.qtmentq to ¢urr¢nl markel valuL al thL ciid of thc year. ThrsL <irc capilali.scd if ili¢y can be used fur murc tlian i)Ii¢ year and 'e valued at cost. D¢pi'¢ciation method.% are 4hown in the appropriatc note. Fixed asset investment.q in quoted shares, traded bonds and similar invcslmcnls are valued at initially 81 cost attd subscquLnily dt tair value Iiheir market value) al the year end. The same treatment is applied io unlisted investments unl¢q8 fair valuc Luiinot be Inea8iired reliably in whieh case it 18 measured at cost l¢ss impaimienl. Investnients lield for rc5ale or pending Ilieir sal¢ and casl) and cash equivalenl% with a Tllaturity date of le88 than l year are Ireated as curent assct invcsthnents. Th¢ charity ha5 invcstmcnts which it holds for resale orpending their salc and cash and casli equivalenls with a malurily dalc Icss than oije year. Thcsc include cash nn deposit and ca4h eqiiivalentg with a maturity date of les.% than onc ycar hcld for invcslimcnt putyoscg rather than to Tncet short term casli commitments as they fall due. Tlicy arc valucd at fair value exlepl whcre thcy qualify a% basic fiiiaiicial inslrumaits. Thc charity has creditor.8 which arc rneasured dl settlement ainounls le48 any trade discounts. ()ffsYttlng Grants and Donatlons Investment In¢(bme Jjvestment Galns and Losses TAn%ible Fixed Assets Flxed A$set Investments Current Asset Investments Creditors
KESGRAVE CHURCH OF ENGLAND CHARITY. Notes to the Aecounts or the Year Lnded 31 Dceember 2024. Lmployees At thc end of 2024 the Charity had I paid part-tim¢ employees. 2024 Unrestricted Restricted Fund 2023 Total Funds Endowment Funds Total C7ross wages Employe1% National Insurance Peiision C.osl8 1.750 1.288 3.038 £1,750 £1,288 £3,0.18 £10.593 No einploy¢c received einploycc bcnefits for Ihe r¢porting' period of Iiiorl Ilian £60.000. Tliis yLar nu cinployees 8atisficd thc crit¢i'ia for a pensioii under auto- eiwolineIit. The pttiision fund is held with NEST. TanRlble Fixed A%$et% The Cl)arity owns freehold land adjaceni io All Sllinls Church leased to lh¢ Ruuiidabout Day NLir4ery. TI)LSL aLL()mmi)duti()ns are lield in perpetuity at the discrction of th¢ Cliai'ity's Trustees and dl'L currently subjLcI lo rental agFIL"cmeiits with lenaiit¥ of the C.harily's chuiLe. All iiicoine accruin¥ from .%ULh rental ai'rangeinenls are dCLnuntcd foi. as and wli¢n rcL¢ived and al'e Lrediled to Il)c Cieneral Fiind in accoi'dance with noi'inal praelice. The land has not been v#lii¢d loi. Ihege acL()Iinls. Fred Upson Hall i¥ being depreciated over 25 yemrs oli a straight line basis. 2024 21123 Land Buildlngs Cost At l January 2024 Addiliuns At I I DL¢ember 2n24 50.000 50.000 £50000 £ 501)00 Depreciatlon AL l Jaiiuary 2024 Prnvidcd in the year At 31 December 2024 8,000 21)110 £ 10.000 Ci,000 2.01111 Net B(?Dk ValuL ¢lt 31 Dec 2024 £ 40,000 £42000 Net Book V&lue al 31 Dec 2023 £ 42,000 £ 44.000 Depreelatlon is provlded to write the eost of the assets over ¢heir useful lives. Th¢ rales are.. Land and Buildings over 25 years (SL) 10
KESGRA VE CHURCH OF ENGLAND CHARITY. Notes to the Accounts For the Year Ended 31 December 2024. Creditors 2024 2023 Fred Upson Hall F.xpcnsc8 622 £622 Chkrlty Funds Wainwright Way PE Money rai.%ed from the sale of this propety becomes a permanent Lndownient and musl be invested in Trust with only tlie inleresl being available t() lurther the objectives of ihe ¢harity Fainily Work No employees remain at the end of 2024 Pund AtlJan 2024 FLind Cjalnsl At.11 l.os$esl Dec 21124 Translers Ineoining ()utgfjing re8oyr¢es resource$ Wainwi-ighi Way Fred Upsnn I lall Rw2iida Trip Qui£ Night Fdmily Woi'k Ukraiiiinn Hub OthLr funds PE 222,()26 42,ono 2.119 496 (5,446) 217,180 40,11110 2,1 Ig) 496 2,386 4.820 33.217 £.1011.218 (2.1100) 3,705 (1.31Y) (6,-308) 6,475 £16 102 ¢),-562 I C?,877 £293,68 22.674 £27 94 141 £5,305 Fund Atl Jan 2023 Incoming Outgoing resources resource$ Cjainsl At.11 Lossesl Dec 2Q23 Transfers 4,87Y Wainwright W¢ly Fred Upson Hall Rwanda Trip Qui£ Nighi Fdrnily Woi'k Ukrdiniaii Hub Other Funds PL 217.747 44,000 2,119 496 222,626 42,000 2,119 496 (2.000} 3,653 (3,653) (2.9111) 12,519CI 11,377 12,-367 £288.106 9.5()2 16,S77 £4 749 £293 680 nla 17,536 £22 292 Transg¢tions with Trustees and None of Ihc trustees havc bccn paid any remuneration or received ai)y Related PArties other benefits from an ernplnym¢nt with thcir charity or <7 related cntt'ly No trustee expenses have been incued. There have been nn related party transactions in thc year.
KESGRAVE CHURCH OF ENGLAND CHARITY. Annu¥l ALcoutits For the Year Ended 31 December 2024. Inde endent ex&miner's re ort to the trustees of Kes rave Church of En land Charl Respective responsibilitie$ of trustees and examiner. l i'eport to the tnistees on my cxamii)ation ofthe aLcounts of the above chai-ity for the year ended 31 December 2024. As Ihe Lharily trustees ol- Ihe Irust, you are responsible for the preparation of tlie accounts in accordance with the requiremenls of ilie Charities Act ?0 I I I'the Act") I repoi'l in respect of my ex&inination of the trust's accoiiilts carried out Uiider s¢¢tion 145 of the 201 l Act and in ULII iny vx#iniii<iliun. I hav¥ Followed the applicable Directions given by the Cl)arity Commi8sion under section 145{5)Ib) of the Act Independent exxminer's ¥tatement. I have compl¢ted my examination. I confirm that no material mattcrs have come to my attention in connection with the examination giving me caiiqc tn belicv¢ that in any malcrial respect the aceounting re¢oTd% were not kept in respcct nf thc tn18t a8 rcquired by Seclion 130 of thc C.harilics ALI, ()r the accounls do not accord witli those records: or the accouiits did 1101 coniply with the applicable requircments. concei'ning the torni and conlenl of a¢LOLlllts scl out in thc Charilics {Accounl8 aiid Reports) Regvulation.8 2008 otlier than any rcqiiireinent that the aLcounts gyivc a 'trLie and fair, view which is n()i a Tnalter cnn%idered as parl t an independent examination. I liave no L¢)ncems and have come across no other matters in connection with the exllmination to whic attention .8hould be drawn in tl)is I'epoit in order to enable a proper understanding of thc accounts lo be reached. Signed Date 20 October 2025 C M Ci)mber Independent F,xaminer 7 Quanlock Close Rushmere Si Andrew lp8wich IP5 IAS 12