REGISTERED CHARITY NUMBER: 1067598
rt of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 Marc
for
Siward James and Arkwri
ht Trust Charit
Social Housin
re
ulator no A2566
Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS

Siward Jame5 and Arkwri
ht Trust Chari
Social Housin
re
ulator no A2566
Contents of the Financial Statement5
1 March
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Statement of Financial Position
Statement of Cash Flows
Notes to the Statement of Cash Flows
Notes to the Financial Statements
9 to 16
Detailed Statement of Financial Activities
17

Siward James and Arkwri
ht Trust Charit
Social Housin
ulator no A2566
re
ort of the Trustees
for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity is established to provide almshouse accommodation to:
1) persons who are resident or have at some time resided in the area of benefit,
2) ex-service personnel, or
3) aged or infirm per50n5 who are resident or have at some tt.me resided in the area of benefit.
The area of benefit shall comprise the Parishes of Bodenham. Ford. Hope-under-Dinmore. Humber, Kimbolton,
Leominster, Newton, Pencombe with Grendon Warren and Stoke Prior.
ACHIEVEMENT AND PERFORMANCE
Charitable actlvities
23 units of general needs housing accommodation were managed during the year12023- 23 units). A part-time warden
15 employed on site and looks after the day to day needs of the residents.
FINANCIAL REVIEW
Financial position
For the year ended 31 March 2024 the net operating surplus before transfers between funds amounted to £34,602
12023: surplus £37,278). At the year end the charity had unrestricted funds of £1,093,486 (2023: £1,040,641) which
includes free resetves of £56, 589 {2023- £51,314).
At the balance sheet date, net assets amounted to £1,151,803 12023: £1,097,553). The market value of investrnents
has increased by 6.4% (2023= increase 1.1%) over the year compared to a rise in the FtSE 100 index of 4.1% {2023-
increase 1.3%). In the circum5tance5, the trustee5 consider this to be an adequate performance for the year.
Investment pollcy and objectives
The trustees ensure that they obtain the best possible return on their investments without taking any risks. They
continue to monitor the situation to ensure optimum benefit is achieved.
Page 1

Siward James and Arkwri
ht Trust Chari
Social Housin
ulator no A2566
Re
ort of the Trustees
for the Year Ended 31 March 2024
FINANCIAL RVrfIEW
Reserves policy
In 2004 the trustees carried out a review of their reserves policy. The purpose of which to allocate certain reserves. A
further review was carried out in 2008 and reflected in the accounts.
The fixed assets reserve fund balance equates to the net book value of the fixed assets held in the accounts.
The cyclical maintenance fund provides funds to meet future major repairs through an annual transfer at a level
determined by periodic review by the trustees. At 31 March 2024 this fund stood at £180,000. The trustees, policy is
to review the level of thTS fund annually WFth a view to ensuring that over a three year cycle it is adequate to meet
major repairs.
The special reserve comprises bequest funds received at the inception of the charity.
The extraordinary repairs fund is held for the future improvement and re-bu71ding of the property of the charity. The
tru5tees' poli(.'y is to review the level of thi5 fund annually to ensure that over the lifespan of the almshouses there is a
sufficient bal.3nce to enable their rebuilding.
The revenue contingency reserve 15 held for contingencTes such as the non-payment of seryice charges and is set at
about six moriths. annual expendlture.
Repalrs and malntenance policy
Following regular inspections the trustees consider the necessary repairs and maintenance and agree priorities.
Extraordinary repairs were completed in the year amounting to £nil {2023: £nill.
Rent policy
Weekly maintenance contributions are calculated to ensure all costs are covered and are considered to be below fair
rent valuations.
Going concern
The trustee5 ronfinn that the charity operates a5 a going concern.
STRUCTURE. GOVERNANCE AND MANAGEMEKr
Governlng do.cument
Charity Commission Scheme dated 28 March 1995. The charity was formally registered on 21 January 1998. The
scheme is to administer and manage as one charity, the assets and property of two separate charities= The Siward
James Charity Ischeme dated 19 November 1970) and the Bodenham Homes Charity {Trust Deed dated 20 December
18981.
Recruitment and appointment of new trustees
New trustees are sought via local connections and once appointed are given a copy of the governing document and
informed of the history and procedures of the charity. They are also made aware of their responsibTlities as trustees.
Related partles
During the year a total of £2,176 was paid to the Chairman of the Trustees beTng a commercial transaction for garden
and site maintenance 12023: £1,740). The charity has received communication from the Charity Commission
confirming that payments of this nature are acceptable.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered CharTty number
1067598
Page 2

Siward Jame5 and Arkwri ht Trust Chari
Social Housin re ulator no A2566
Re ort of the Trustees
for the Year Ended 31 March 2024
Principal address
21 Siward James Close
Bodenham
Hereford
Herefordshire
HR1 3LS
Trustees
Mr T V James-moore Ichairmanl
Mr P Tomlinson (Vice Chairman)
Mrs P James-moore
Mrs J Marriott (resigned 9.11.231
Mr5 L Tomlinson
Mrs J Jones
Mr R Hunt
Mr T James-moore {appointed 1.5.24}
Clerk
Mrs A Potter
Independent Examiner
Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS
Solicltors
Messrs Lloyds and Cooper
28 South Street
Leominster
Herefordshire
HR6 8JB
Bankers
Lloyds TSB PIC
9 Corn Square
Leominster
Herefordshire
HR6 8LR
Approved by order of the board of trustees on .
and signed on its behalf by:
MrTVJ
mes-moore - Trustee
Page 3

Inde
endent ExamFner's Re
ort to the Trustees of
Siward James and Arkwri
ht Trust Charit
Independent examiner's report to the trustees of Siward James and Arkwright Trust Charity
I report to the charity trustees on my examination of the accounts of Siward James and Arkwright Trust Charity {the
Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying
out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl
of the Act.
Independent examiner's statement
I have completed my examination. I confirm 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 appllcable requirements toncerning the form and content of accounts set
out in the Charities (Accounts and Reports) RegulatTons 2008 other than any requirement that the account5
give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters Tn connection with the examination to which attention
should be drawn in this report Tn order to enable a proper understanding of the accounts to be reached.
Mrs Lisa Weaver
The Association of Chartered Certified Accountants
Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS
Date:
Page 4

Siward James and Arkwri ht Trust Chari
Social Hou51n
re ulator no A2566
Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
funds
Endowment
fund
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
General
74,812
74,812
73,225
Investment income
38,913
38,913
33,812
Total
113,725
113,725
107,037
EXPENDITURE ON
Charitable activities
General
79,123
79,123
69,759
Net gains/ Ilossesl on investments
19,648
19,648
120,9431
NET INCOME
Transfers between funds
54.250
(1,4051
54,250
16,335
13
1.405
Net movement in funds
52,845
1,405
54,250
16,335
RECONCILIATION OF FUNDS
Total funds brought forward
1.040,641
56,912
1,097, 553
1,081,218
TOTAL FUNDS CARRIED FORWARD
1.093,486
58,317
1,151,803
1,097,553
The notes form part of these financial statements
Page 5

Siward James and ArkwrTr
ht Trust Chari
Social Housin
ulator no A2566
Statement of Financial PositTon
31 March 2024
31.3.24
31.3.23
Notes
FIXED ASSETS
Tangible assets
Investments
178,130
899,788
186,598
845,297
1,077,918
1,031,895
CURRENT ASSETS
Debtors
Cash at bank
1,320
118,891
986
112,656
120,211
113,642
CREDITORS
Amounts falling due within one year
10
15,461)
15,4161
NET CURRENT ASS￿5
114,750
108,226
TOTAL ASSETS LESS CURRENT LIABILITIES
1,192,668
1,140,121
CREDITORS
Amounts falling due after more than one year
11
140,865)
142,5681
NET ASSETS
1.151,803
1,097, 553
FUNDS
Unrestricted funds
Endowment funds
13
1,093,486
58,317
1,040,641
56,912
TOTAL FUNDS
1,151,803
1,097,553
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by."
MrTV
ames-moore - Trustee
Mr P Tomlinson Trustee
The notes fomi part of these financial statements
Page 6

Siward James and Arkwri ht Trust Charit
Social Housin re ulator no A2566
Statement of Cash Flows
for the Year Ended 31 March 2024
31.3.24
31.3.23
Notes
Cash flows from operating activities
Cash generated from operations
6.049
13,542
Net cash provided by operating activities
6.049
13,542
Cash f lows from investing activities
Purchase of fixed asset investments
Interest received
{34.8431
35.029
30,2981
30,347
Net cash provided by investing activities
186
49
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the
beglnning of the reporting period
6.235
13,591
112,656
99,065
Cash and cash equivalents at the end of
the reporting period
118,891
112,656
The notes form part of these financial statements
Page 7

Siward James and Arkwri
ht Trust Charit
Social Housin
re
ulator no A2566
Notes to the Statement of Cash Flows
for the Year Ended 31 March 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.24
31.3.23
Net income for the reporting period (as per the Statement of Flnanclal
Activities)
Adjustments for:
Depreciation charges
IGainl/losse5 on investments
Interest received
Increase in debtors
Decrease in creditors
54,250
16,335
8,468
19,6481
(35,0291
13341
11,6581
8,468
20,943
130,3471
11741
11,6831
Net cash provided by operations
6,049
13,542
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
112.656
6,235
118,891
112.656
6,235
118,891
Total
112,656
6,235
118,891
The notes form part of these financial statements
Page 8

Siward James and Arkwri
ht Tnjst Chari
Social Housin
re
ulator no A2566
Notes to the Financial Statements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 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 IFRS 1021 leffective 1 JanLtary 20191,,
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements 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.
The charity is a reg7stered social landlord. The accounts have been prepared under the historical cost
accounting rules lexcept for investments which are stated at market value at the balance sheet datel in
accordance with the Charities Act 2011. the Housing Act 1996, the Statement of Recommended Practice for
Social Housing Providers 2014.
Income
All income is recognised in the Statement of Financial Activities once the Charity charityhas entitlement to the
funds. it is probable that the income will be received and the amount can be measured reliably.
Income represents maintenance contributions frorn residents.
Expenditure
LTabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
Charity to that expenditure, it 15 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,
inclusive of VAT and ha5 been classified under headings that aggregate all cost related to the category.
Cyclical repair5 and maintenance
Because of a programme of repair and maintenance kept under regular review. the trustees charge actual
costs to the income and expenditure account as they are incurred.
Tangible fixed assets
Depreciation of freehold housing properties is charged in equal annual instalments. Freehold land is not
depreciated.
Because of a programme of repair and maintenance kept under regular review, the trustees charge actual
costs to the income and expenditure account a5 they are incurred.
Car Park
Properties
Equipment
20 years
20 - 50 year5
5 yea15
Housing property
Housing properties are properties available for rent and are stated at cost less depreciation.
Social Housing and similar grants
When housing developments have been financed wholly or partly by social housing or similar grants, the grant
is held as deferred income and released in line with the related asset to the income and expenditure account.
Investments
Investments are stated at market value at the balance sheet date. Unrealised gainsllosses are calculated as
the difference between opening and closing market values and are taken to the Statement of Financial
Activities.
Debtors
Trade and other debtors are recognised at the settlement amount, prepayments are valued at the amount
prepaid.
Page 9
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Siward James and Arkwri
ht Trust Charit
Social Housin
ulator no A2566
Note5 to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Tangible fixed assets
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short temi highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or STmilar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation
can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement
amount.
Taxation
The charity 15 exempt from 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.
Designated reserves - major repair5
The Charity Scheme Order requires that the trustee5 establish and maintain a reserve fund provided for out of
the income of the charity in order to meet the extraordinary repair, improvement or rebuilding of the
almshouses and other property belonging to the charity.
Sums are utilised from the reserve to the extent that major repairs expenditure in respect of housing
properties is not funded by grants.
Permanent endowment reserve
The capital of the permanent endowment reserve cannot be utilised without the express permission of the
Charity Commission. A recoupment order issued by the Charity Commission in 2001 authorised the Charity to
borrow from the reserve for the purpose of constructing new housing units. The money is being repaid by
annual transfer from the Revenue Reserve for a period of 25 years. Any income is to be utilised in accordance
with the objects of the Charity.
Going concern
The trustees have considered the impact of the Uk's current economic pressures on the future finances of the
charity and believe that due to the nature of its income and expenditure. together with it5 high level of
investment assets, it will be in a position to continue for the foreseeable future.
At the year end the charity had investments worth more than E800,000 and net current assets of £114,750.
Rental income adequately covers the expendTture. Maintenance of properties can be reduced to a minimum if
there was a short term need to reduce costs. The trustees believe there will be no significant change to its
activities in the foreseeable future.
Page 10
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Siward James and Arkwri ht Trust Charit
Social Housin re ulator no A2566
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
INVESTMENT INCOME
31.3.24
31.3.23
Hire of facilities
Deposit account interest
Sundry Income
3,564
35,029
320
3,133
30.347
332
38,913
33,812
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remuneration or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Trustees. expenses
There were no
31 March 2023.
trustees. expense5 paid for the year ended 31 March 2024 nor for the year ended
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
19,872
19,872
The average monthly number of employee5 during the year wa5 as follows:
31.3.24
31.3.23
Office staff Ipart-timel
Warden Ipart-time)
No employees received emoluments in excess of £60,OCM).
The average number of employees is the equivalent of 1 full-time employee12023: 11
Key management consist of the tru5tee5 of the charity. No trustees are rernunerated from their role.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Endowment
fund
Total
funds
INCOME AND ENDOWMEMTS FROM
Charitable activities
General
73,225
73,225
Investment income
33,812
33,812
Total
107,037
107,037
EXPENDITURE ON
Charitable activities
General
69,759
69,759
Page 11
continued...

5iward James and Arkwri ht Trust Charit
Social Housin
re
ulator no A2566
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
Endowment
fund
Total
funds
Net gainsl Ilossesl on investments
(20,9431
{20,9431
NET INCOME
Tran5fer5 between funds
16,335
11,405}
16,335
1,405
Net movement in funds
14,930
1,405
16,335
RECONCILIATION OF FUNDS
Total funds brought forward
1,025,711
55,507
1,081,218
TOTAL FUNDS CARRIED FORWARD
1,040,641
56,912
1,1)97,553
SURPLUS/{DEFICIT) FOR THE YEAR
The surpluslldeficit) for the year is stated after charging:
31.3.24
31.3.23
Depreciation
Independent examiners fee
8,468
3,354
8,468
2,994
TANGIBLE FIXED ASSETS
Freehold
property
Plant and
machinery
Totals
COST
At 1 April 2023 and 31 March 2024
363,782
7,119
370,901
DEPRECIATION
At 1 April 2023
Charge for year
177,184
8.468
7,119
184,303
8,468
At 31 March 2024
185,652
7,119
192,771
NET BOOK VALUE
At 31 March 2024
178.130
178,130
At 31 March 2023
186,598
186,598
The freehold housing was professional valued as at 31 March 1996 at Tts open market value with vacant
possession for residential use, the value being £1,(KJO,O(NJ. The number of let units in management at the end
of the year wa5 23 12023- 23).
Freehold land includes a car pa￿ at the cost of £8.000.
Page 12
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Siward James and Arkwri
ht Trust Charit
Social Housin
re
ulator no A2566
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At 1 April 2023
Additions
Revaluations
845,297
34,843
19,648
At 31 March 2024
899,788
BOOK VALUE
At 31 March 2024
899.788
At 31 March 2023
845,297
There were no investment assets outside the UK.
Cost or valuation at 31 March 2024 is represented by-
Listed
investments
Valuation in 2024
899,788
The charitVs investment comprises 7.851 Accumulation Shares in the National Association of Almshouses
Common Investment Fund.
The annual income arising from the investment is retained within the Fund and it5 Worth is reflected in the
market value of the share5.
DEBTORS: •lMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Prepayments and accrued income
1,320
986
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24
31.3.23
Trade creditors
Other creditors
548
4.913
543
4,873
5,461
5,416
Page 13
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Siward James and Arkwri
ht Tnjst Chari
Social Housin
ulator no A2566
NDte5 to the Financial Statements - continued
for the Year Ended 31 March 2024
CREDITORS: AMOUNTS FALLING DUE ￿ER MORE THAN ONE YEAR
31.3.24
31.3.23
Other creditors
40,865
42,568
ANALYSIS OF NET ASSETS BEfwEEN FUNDS
31.3.24
Total
funds
31.3.23
Total
funds
Unrestricted
funds
Endowment
fund
Fixed assets
Investments
Current assets
Current liabilitie5
Long term liabilitie5
178,130
899.788
61.894
15,461 }
{40,865}
178,130
899,788
120,211
15,461}
{40,865}
186,598
845,297
113,642
5,4161
{42, 5681
58,317
1,093,486
58,317
1.151,803
1,097,553
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
Unallocated revenue reserve
Designated - Extraordinary repairs fund
Designated - Special reserve f und
Designated - Revenue contingency fund
Designated - Cyclical maintenance f und
Designated - Fixed a55et5 reserve fund
393,266
259.267
1,511
30,000
170,IJOO
186,597
54,250
12,9371
444,579
259,267
1,511
30,000
180,000
178,129
10,000
18,4681
1.040,641
54,250
11,4051
1,093,486
Endowment funds
Permanent endowment reserve
56,912
1.405
58,317
TOTAL FUNDS
1.097,553
54,250
1,151,803
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestrirted funds
Unallocated revenue reserve
113.n5
179,123)
19,(A8
54,250
TOTAL FUNDS
113,725
{79,1231
19,648
54,250
Page 14
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Siward James and Arkwri
ht Trust Charit
Social Housin
re
ulator no A2566
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
MOVEMENT IN FUNDS - continued
Comparatives for movement In funds
Net
movement
in funds
Transfers
between
fund5
At
31.3.23
At 1.4.22
Unrestricted funds
Unallocated revenue reserve
Designated Extraordinary repair5 fund
Designated Special reserve fund
Designated Revenue contingency fund
Designated Cyclical maintenance fund
Designated Fixed a55ets reserve fund
379.868
259,267
1,511
30.000
160.IMJO
195,065
16.335
12,9371
393,266
259,267
1,511
30,000
170,000
186,597
10,000
18.4681
1.025.711
16.335
11.4051
1.040,641
Endowment funds
Permanent endowment reseNe
55.507
1,405
56,912
TOTAL FUNDS
1,081,218
16.335
1,097,553
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and
105ses
Movement
in funds
Unrestricted fund5
Unallocated revenue reserve
107,037
169,7591
120,943}
16,335
TOTAL FUNDS
107,037
169.7591
120,943)
16,335
C lical maintenance fund
This reserve provides funds to meet future major repairs through an annual transfer, at a level determined by
periodic review by the Trustees in accordance with the Charity Commission Scheme dated 28 March 1995.
cial reserve
This reserve comprises bequest funds received at the inception of the charity that were surplus to the initial
expenditure on housing properties. These funds are available to meet expenditure for which statutory finance
is not forthcoming.
Fixed assets reserve fund
Thi5 reserve comprises the net book value of the fixed assets in the accounts.
Extraordina
re
irs fund
This fund is held for the future improvement and re-building of the property of the charity.
Revenue contin
enc
reserve
This reserve is held for contingencies such as non-payment of service charges.
Permanent endowment reSe￿e
In 2001, the Charity Commissioners authorised the Charity to borrow from their permanent endowment,
subject to terms of recoupment over a period of 25 years {i.e. £1,405.41 per 3nnuml, an amount of £35,135,
which was used towards the building of new housing units.
Page 15
continued...

Siward James and Arkwri ht Trust Charit
Social Housin re ulator no A2566
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
13.
MOVEMENT IN FUNDS - continued
The permanent endowment reSe￿e comprises land, valued Tn 1998 at £26,OCK) and the accumulated value of
the annual transfers made from the revenue reserve under the terms of the recoupment order.
14.
RELATED PARTY DISCLOSURES
A total of £2,176 12023.. £1,740} was paid to Mr T V James-moore, the Chairman of the Trustees. being a
commercial transaction for garden and site maintenance. No amounts were outstanding at the year end.
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