## _**The Friends of James Terry Court**_ 

PROVIDING SUPPORT WHERE IT COUNTS 

## **The Association of Friends of James Terry Court** 

90 Haling Park Road, South Croydon, Surrey, CR2 6NF Registered Charity 10237181 

Trustees’ Report Year to 31[st] March 2024 

We have pleasure in presenting our report and the accounts of the Association of Friends of James Terry Court for the year to 31[st] March 2024. 

## **Income:** 

As can be seen, income from Annual Family Membership is down from last year to £250 

Donations and Patronage is £16,810 lower than last year. 

Dividends and bank deposit interest declined this year. 

Fund Raising Events: 

Our numerous fundraising events through 2023- 2024 generated a sum of £16,602 

## **Expenses:** 

General expenses have been controlled at a satisfactory level. 

Expenses for the residents satisfactory which included Entertainment, Christmas and Birthday cards, Chiropody, and exercise. 

A deficit has been recorded for the year of £5,689 

## **Accumulated Funds:** 

The piano fund, which was established in 1998 by Spring Park Lodge, is separately identified as such in the accounts. Although the fund assets remain merged with those of the unrestricted Fund. There has been no expenditure in respect of the piano fund in the past seven years. 

The value of the Friends shareholding in Group Santander has dipped this year. As shown last year there is now a “permanent” reserve of £30,000 to enable the friends to continue to provide on-going support for the residents should there ever be a catastrophic decrease in income levels. This reserve fund is clearly earmarked on the account and separated from the accumulated Unrestricted Funds. 

Tania Tibbs Treasurer & Trustee 



REGISTERED CHARITY NUMBER: 1023718
REPORT OF THE TRUSTEES AND
UIYAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
FOR
THE ASSOCIATION OF FRIF.NDS OF JAMES
TEKRY COURT
Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TNII 9BH

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
CONTENTS OF THE FIIYANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
PAge
Report of the Trustees
Independent ExAminer's Report
StAtement of Financial A¢tivitie5
Balance Sheet
Notes to the Financial Statements
6 to 11
Detailed Statement of Financial Activities
12 to 13

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees present their report with the financial statements of the charity for the year ended 31 si March 2024. The
trustees have adopted the provision5 of A￿oUntIng and Reporting by Charities- Statement of Recommended Practice
applicable to charities preparing thcir accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effe¢tive l January 2019).
OKILC'I'IVES AND ACTIVITIES
Objectives and Aims
The principal obje¢tive of the charity is to relieve the aged residents of James Terry Court. and generally 10 5UPPOrt the
charitable work of the home either directly or indirectly with the matron or Ihrough Ihe royal masonic benevolent
institution.
The charity's aim 15 to raise fitnds and awareness of James Tery Court in order lo provide extra funds raised through
donations. events and a range of social, leisure and entertainments activities and exlra facilities for the residents.
The main activity of the charity is holding various fundraising events throughout the year such &s a Family Funday, Hog
Roast, Christmas Market and Golf days. The funds raised from these events is then used to provide monthly
entertainment and extra treats on special occasions. such as, Christmas, Easter, Mothcr's day, father's day and Valentines
day for the residents of James T¢rry Court.
The trustees have complied with the duty in section 4 of the 2011 Charities Act lo have due regard to the Charities
Commission's byuidance on Public E3cnefit when developing and implementing the charity's objects and aims.
ACHIF.VEMF,NT AND PFRFORMANCE
C.barityble activitie5
During the year the charity held various fundraising events, including a Family funday, Hog Roast, Christmas market,
Golf day. a party night and a Fishin8 day.
In addition the charity was involved with speaking with Masonic Lodges with regards to Patronages and annual
membership's.
FINANCIAL RF.VIEW
Fin4ncial position
Total income received during the year totalled £33,412 (2023.. £26,699). Donations received dropped by £3,046
compared to the prior year. However. this was offset by an increase in thc fundraising income received of £9.759.
Total expenditure for the year was £39,101 (2023: £32,503). The increase is largely due to the charity holding more
fundraising events in the year compared to 2023.
The deficit for the year totalled £5,689 (2023: £5,804}.
The balance of unrestricted funds as at 31 March 2024 was £102,206 (2023.. £107,895).
Reserves policy
The Ternis of Reference governing document states that the charity must hold £30,000 as a reserve.
At the year-end the charity's free reserve5 were £102.206 (2023- £107,895) which will be used to further the charity's
objectives.
Going concern
The trustees have no concerns as to the charity's ability to continue &8 a going concern for the next 12 months.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document. the Ternis Of Reference, and constitutes an unincorporated charity.
Page I

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
STRUCTURF, COVERNANCE AND MANAGEMENT
Decision making
The Ternis of Reference set the nominations for the trustees.
The AGM is held in June each year where the trustees and committee members are up for re-election and selection.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered ChArity number
1023718
Principal 4ddres5
19 Drake Avenue
Caterham
Surrey
CR3 58S
I'rustee5
W A Tibbs
Mrs T E Tibbs
N P Foster
IDdep¢nden¢ ExAminer
Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TNII 9BH
Approved by order of the board of ttwstee5 on .
signed on its behalf by..
Mr5 T E Tibbs- Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE ASSOCIATION OF FRIEIYDS OF JAMES
TERRY COURT
Independent examiner's report to the trustees of The Association of Friends of James Terry Court
I report to the charity trustees on my examination of the aGcounts of The Association of Friends of James Terry Court
(the Trusl) for the year ended 31 st March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are reswnsible for the preparntion of the accounts in accordance with the
requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried oul under Section 145 of the Act and in carrying out
my examination I have followed all applicable Dire¢tions given by Ihe Charity Commission under Section 145(5)(b) of
thc Act.
Independent examiner's st4tement
I have completed my examination. I confirni that no material matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or
the accounts do not accord with those records. or
the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out
in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a
true and fair view which is noi a matter considered as part of an independent examiiiation.
have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in thi5 rcport in ordcr to cnable a proper understanding of the accounts to be reached.
Paul Chewter FCA
Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Flildenborough
Tonbridge
Kenl
TNII 9BH
Date: .............................................
Page 3

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR EIYDED 31ST MARCH 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
INCOME AIYD ENDOWMEIYTS FROM
Donations and legacies
16,810
19.856
Other trading activities
16.602
6,843
Total
33,412
26,699
EXPENDITURE ON
Raising funds
Raising donations and legacies
4,954
4,954
3,944
ChAritable activities
Charilablc activities
34 J29
28,559
Total
39,283
32.503
Net gains on investmenls
182
NF.T INC.OMEI(EXPENDITURE)
(5,689)
(5.804)
RECOIYCILIATION OF FUIYDS
Total funds brought forward
107,895
113,699
TOTAL FUNDS CARRIED FORWARD
102,206
107,895
The notes fomi part of these financial statements
Page 4

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
BALAIYCE SHEET
31ST MARCH 2024
2024
Unrestricted
funds
2023
Total
funds
Notes
FIXED ASSETS
Investmcnts
486
304
CURRENT ASSETS
Debtors
C&sh at bank
2,322
107,453
99,983
103.505
109,775
CREDITORS
Amounts falling due within one year
(1,785)
(2,184)
IYET CURRENT ASSETS
101,720
107,591
TO'fAL ASSETS I,ES.S C.IIRRFNT
LIABILITIES
102,206
107,895
IYFT ASSFTS
102,206
107.895
FIIiYD.8
Unrestricted fund5:
General fund
Reserve fund
Piano fund
The JTC 100 Club
69,446
30,000
73.830
30,000
,157
2,908
2,760
102,206
107.895
TOTAI. FUNDS
102,206
107,895
The finan¢al staternents were approved by the Board of Trustees and authorised for issue
on
T E Tibbs - Trustee
The notes fomi part of these financial statements
Page 5

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
BASIS of preparing the financial statements
The financial statements of the charity. which is a publi¢ benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP (FRS 102) 'ALcounting and Reporting by Charities- Stalemenl 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 l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial stalements have been prepared under the historical cost
convention, with the exception of investments which are included at market value, as modified by the revaluation
of certain assets.
Income
Income from donations and grants. is recognised when the charity is entitled to the funds. the receipt is probable.
and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually
when a formal offer letter is made in wriling, unless the grant contacts tems and conditions outside of the
charity's control which musi be met before the charity is entitled to Ihe funds. Where such conditions exist, the
income is defetTed until those periods.
Income from other trading activities relates to fundraising events and is recognised once the fundraising event
has been held.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or construclive obligation committing the
charity to ihal expenditure, it is probable that a transfer of economic benefi15 will be required in settlement and
the amount of the obligation can be measured reliably. bxpendilure is accounted for on an accrual8 basis and has
been classified under headings that aggregate all cost related to the category. Where Costs cannot be directly
attribut¢d to particular headings they have been allocated to activities on a basis consislenl with the use of
resources.
Taxation
The charity is exempt ftDm tax on its charitable activities.
Fund accounting
Unre5trictd funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designaled funds are funds set aside by the trustees for a particular futu￿ purpose.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Fixed asset investments
Fixed asset investments are shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in the Statement of Financial Activities.
Page 6
ontinued...

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2024
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
16,602
6.843
SUPPORT COSTS
Governance
costs
Other
Totals
Charilable activities
1,195
1,020
2,215
Support costs. included in the above, are as follows..
2024
Charitable
activities
2023
Total
activities
Telephone
Website and advertising
A¢counlan¢y and legal fees
1.195
1,156
23
1,020
,179
TRUSTEES, REMUIYERATION AIYD BEIYEFITS
There We￿ no trustees, remuneration or other benefits for the year ended 31 st March 2024 nor for the year ended
31 st March 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31st March 2024 nor for the year ended
3 1st March 2023.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1st April 2023
Revaluations
304
182
At 31st March 2024
486
NET BOOK VALUE
At 31 st March 2024
486
At 31 st March 2023
304
There were no inveslment assets outside the UK.
Page 7
continued..

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2024
FIXED ASSET INVESTMENTS- Continued
Cost or valuation at 31 st March 2024 is represented by..
Listed
investments
Valuation in 2024
Cost
182
304
486
DEBTORS: AMOUIYTS FALLING DUE WITHIN OIYE YEAR
2024
2023
Other debtors
Tax
Prepayments and accrued income
1,175
1,222
1,125
1.100
1.222
3,522
2,322
CREDITORS: AMOUNTS FALLING DUE WITHIIY ONF. YEAR
2024
2023
Other creditors
Accrued expenses
825
960
2,184
1,785
2.184
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At1.4.23
Unr¢stri¢¢¢d funds
General fund
Reserve fijnd
Piano fund
The JTC 100 Club
73,978
30,000
1,157
2,760
{4,532)
69,446
30,000
{1,157)
2,760
107,895
{5,689)
102206
TOTAL FUNDS
107,895
(5.689)
102206
Page 8
continued...

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FIIYAIYCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2024
MOVEMENT IN FUNDS- continued
Net movement in funds. included in the above are as follows..
Incoming
resources
Resources
expendcd
Gains and
losses
Movement
in funds
Unrestricted funds
Gen¢ral fund
Piano fund
33,412
(38.126)
(1,157)
182
(4,532)
(1,157)
33,412
(39,283)
182
{5,689)
TOTAL FUNDS
33,412
(39.283)
182
(5,689)
ComparAtives for movement in funds
Net
movement
in funds
At
31.3.23
Ai 1.4.22
Unr¢stricted funds
General fund
Reserve fund
Piano fund
The JTC 100 Club
15,804)
73,830
30,000
30.000
2,908
2,908
113.699
(5,804)
107,895
TOTAL FUNDS
113.699
(5,804)
107,895
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
R¢sources
expended
Movement
in funds
Unrestricted funds
General fund
26,699
(32,503)
{5,804)
TOTAL FUNDS
26,699
(32,503)
(5,804)
Page 9
continued...

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FINAIYCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2024
MOVEMENT IN FUNDS- continued
A cu￿ent year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
Reserve fund
Piano fund
The JTC. 100 Club
79,634
-30,000
1,157
2.908
(10,336)
69,298
30,000
(1,157)
2,908
113.699
(11,493)
102,206
TOTAL FUNDS
(11,493)
102,206
A current year 12 months and prior year 12 months combined nel movement in funds, included in the above are
as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrirted fund$
General fund
Piano fund
60,111
(70,629)
(1,1571
182
(10,336)
(1.157)
60,111
(71.7861
182
(11,493)
TOTAL FUNDS
60.111
(71.786)
182
(11,493)
The reserves fund is a reserve of £30,000 to enable the friends to continue to provide on-going support for ihe
residents should there ever be a calastrophic dec￿*$¢ in income levels.
The piano fund is a separdtely identified fund for the use of purchasing a new piano for the charity. A new piano
was purchased during the 2023124 financial year and so the fund has been reduced down to nil at the year-end.
The JTC 100 club fund is for a monthly lotto held by the charity. Members pay an annual membership to
participate. All profits go dire¢ily lo The friends of James Terry Court and are used for the benefit of the
residents of James Terry Court.
Page 10
ontinued...

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR EIYDED 31ST MARCH 2024
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 st March 2024.
Pagell

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
IIYCOME AND ENDOWMENTS
Donations and legacies
Donations and patronage
Annual family membership
16,560
250
19,216
640
16,810
19.856
Other trading activities
Fundraising events
16,602
6.843
Total incoming resources
33,412
26,699
EXPENDITURE
Rlising donalions and leglcies
Fundraising evenls
4,954
-1,944
Charitable aetivities
Entertainmenls
Chiropody and exercise
Repairs & maintenance
Sundries
Training costs
Equipment for "friends"
Gaming licence
Printing and stationery
16,832
4,780
427
1,661
648
6,527
13,205
5,084
571
91
7,202
83
1.144
1239
32,114
27,380
Support costs
Other
Telephone
Website and advertising
1,195
1,156
23
1,195
1,179
Governance costs
Accountancy and legal fees
1,020
Total resources expended
39,283
32,503
Net expenditure before gains And losses
(5,871)
(5.804)
This page does not fom) part of the statutory financi￿ stalements
Page 12

THE ASSOCIATION OF FRIENDS OF JAMES
TERRY COURT
DETAILED STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31ST MARCH 2024
2024
2023
Realised recognlsed gains #nd los$es
Reali5ed gainsl(105ses) on fixed asset investments
182
Net expenditure
(5,689)
(5.804)
This page does not fomi part of the statutory financial statements
Page 13

The Trustees
19 Drake A venue
Caterham
Surrey
CR3 5BS
28 January 2025
Hilden Park Accountants Limited
Hilden Park House
79 Tonbridge Road
Hildenborough
Kent
TNI 19BH
Dear Sirs,
Inde
endent examination for the
ear ended 31 M rch 2024
This representation letter is provided in connection with your independent examination of the financial
statcments of The Association of Fricnds of James Terry Court for thc ycar ending I l March 2024.
Financial Siatement.I
l. We have fulfilled our responsibilities as trustees, as set out in the tern]s of your engagement Ictter
dat¢d 31 March 2024 under the Charities Act 201 I, for preparing financial statements in accordance
with applicable law and United Kingdom Accounting Standards (UK Generally Accepted
Accounting Practice).
2. The methods, data and significant assumptions used by us in making accounting estimates, and
their related disclosures, are appropriate to achieve recognition, measurement and disclosure that
is reasonable in the context of the applicable financial reporting framework.
3. Wc have no pEans or intentions that may matcrially alter the carrying value and where relevant ihe
fair value measurements or classification of asset.s and liabilities reflected in the financial
statements.
4. We have disclosed all known actual or possible litigation and claim,4 whose effects should be
considered when preparing the financial statements and these have been disclosed in accordance
with the requirements of accounting standards.
5. Related party relationships and transactions have been appropriately accounted for and disclosed
and we are not aware of further related party matters that require disclosure.
6. All events since the balance sheet date which require disclosure or which would matcrially arrect
the amounts in the financial stalements have been adjusted or included in the financial statements.
7. We confimi that, having considered our expectations and intentions for the next twelve months, the
charity is a going concern. We confim] that the disclosure5 in the accounting policies are an
accurate rcflcction of the reasons for our consideratÉon that the financial stalements should be
drawn up on a going concern basis.
8. We confirm that the charity was nol committed to any capital Cxpcnditure at 31 March 2024.

Informalion provided
9. All accounting records and relevant inforn]ation have been made available to you for the purpose
of your independent examination of the financial statements. We have provided to you all other
infomialion Tcquested and given unrestricted access to persons within the entity from whom you
have deemed it necessary to request infonnation. All other records and related infomiation
including minutes of all management and shareholders meetings have been made available to you.
l O. All transactions undertaken by the chaTjty have been properly reflccted in the accounting records
and are reflected in the financial statements.
I l. We have disclosed to you all information in relation to allegations of fraud, or suspected fraud
affecting the entity's financial statements communicated by employees, forn]er employees,
analysts, regulators or others.
12. We confimi that we are not aware of any possible or actual instance of non-compliance with those
laws and regulations which provide a legal framework within which the charity conducts its
business and which could affect the financial statemcnts. The charity has complied wilh all aspects
of contractual agreements that could have a malerial effect on the financial statements in the event
of non-compliance.
13. We confinn that we have disclosed to you the identity of the entity's related parties and all related
party relationships and transactions relevant to the charity that we are aware of.
14. The Charity has satisfactory title lo all assets, and there are no liens or encumbrances on the assets
except for tho.8e disclosed in the financial statcments.
15. There are no liabilities, contingent liabilities or guarantccs to third parties other than those disclosed
in the financial statements.
16. The charity has at no time during the year entered into any arrangement, tran,8action or agreement
to provide credit facilities (including loans, quasi loans or credit transaction5) for dircctors, nor to
guarantee or provide security for such matters, except as disclosed in the financial statemcnts.
We confirm to the bcst of our knowledge and belief that the above represenlalions are made on the basis of
enquiries of managcment and staff with relevant knowledge and cxpcrieiice and, where appropriate, of
inspection of supporting documentation sufficient to satisfy OUT.selves that we can properly make each of
the above representation5 to you.
Yours faithfully,
Signed on behalf of the board of trustees by:
(Signature)
(Print)
Datc..