REc4sfERED CHARrrY NUMBER: 1067598 oftheT Charit Chartered *ttwntants 2 WVale BUSI Park Kirgs kre Fkneford HR4 7BS
Siward James and ulator ntents Ffnandal Sta for Year Ended 31 March 2ffi5 Rewyt of the Trwtees 1 to 3 lThJependent Examlnerfs Rew Staten¢ of Flnanclal ktfvltRs Stateffrt of FlnaKlal Postt sta¢effnt of Cash Flry• Notes to the Staternent of Cash Flo¥ Note5 to the FInala[ State 9 to 17 Detslied Staternent of FlnarKlal £tMtles 18
Siward J5 and Arkwri S(Kfal bhx Re rtoftsTn for the Year En(d 31 March 2025 The tteeS pr their retKrt with the finwKial Statts of the charity fw the JEar ended 31 hkirch 2025. The trustees have adopted the Fmvisions of knountij and Reming by Charitie5: Statement of RecomffEnLled Practi appiicabte to charftie5 [Kepari their acC(ts in acCOrdae with the FInala1 ReFNtin8 Standard apFAicable In the UK abNI P5C of trelarnl (FRS 102) (effect 1 JarKAry 2019). Objectlves and alms 1) per50rs wlK> are resldent at SO time reslded In tr area of twfit. 2) ex.ServI persord, 31 a8ed infirm per arE re51dent (Y have at reth In the area of LefiL The area of benefit shall comwise the Paristres of Pdethn, F1. FbFe.WKIer.Otrffe, Mber, Klmb)Iton, Leomlnster, Newton. PeKombe v#lth Greth Warm and St( Prhx. ACHIEVE[ A14D PEPFORMAIKE Charltabie •rtlvltSes 23 unlts of general rneds accrAmrrfthtlon thye managed <krtrB the y 12024: 23 lts). A rt.tIrne warden Is ¢)n site and looks after the day to thy reds of tr reskkn) FINANCIAL REVIEW Flnandal posftlon For the year ended 31 Jmarch 2025 the net operatlng wryAus before trartsfers itween funds anwnted to Deflclt £{56,8621 121r24: 5uryIu5 £34,602). At end chartty had wJrestrKted funds of £1.060.182 12024: £1.093.4861 whfch Indudes free of £48.343 12024: £56.43311excluthng flxed assets. InStMents and lor4 terni liakn'lities). At the balance sh&t date. net assets anted to £1.119,IAM 12024: £1.151,8031. The rnaet value of Investments has Increased ty 6.8% 121T24: b)crease 6.4%) over the compared a rt In the FfsE 1(fj Index of 7.6% 12024: Increase 4.1%). In the ctrawnllé5, tr trustees con5iler thi5 to a(kwate f0)e the ar. The tntstees ensure that ts cl)tain the test p)ssitle return on their tIl takir4 any risks. They contlnue to mnitor the SItlt10n to ensure optiThun tit is leId.
Siward James and Ar1 ht Trust Chari
Soclal Hwsi
Re rt of the Trustees
for the Year Entd 31 Alarch 2025
FINANCIAL REVIEW
Reserrfes pollcy
In 24 the tntsts cthed txrt a of ts1r re5rn Tl of whkh to aiiocate certain reser5.
A further revlew was caffkd kn 2(K8 reflected in acc(wn
cs¢11cal MaIntefire fund fund5 to meet futsre mafrr repairs thr an arn1 transfer at a level
determlrEd by Fw6odK reth the tru5tee5. At 31 Alarch 25 this (urmd str)d at £190.1. The tntstees, ts
to the lebEI of th75 furnl aFYKwlly wlth a vkn to that 0r a three c&rie It Is adequate to
major repair
trustees. Fdicy ts to reAthv the le% of thts fund anrAlly to that over the Ilfespan of the aIThStrKSes
there ts a sufflclent balarte to enable thelr relwlidlrty. fknlng the year W.LKQ of in¥Y5tments In thls fund
unre5tr1cted fuThl to Y4)P(rt the exrMthture IrTed.
abcArt slx rkThths' annual eXr.
Repalrs and m4lntenJFKe polky
Follovlng regular Inspectkns tr tntstees Cor the rcessary reIrS aThJ malntawKe ayee wknftle
Extraordnary were In ttt year to £1CIA12024: £nfil.
Rent poHcy
Weekly maintenarKe contr1lxjtk a ca(lated to eDgJre au costs we coNtred and are c(xslthred to below falr
rent valuations.
Cdng concern
Cthiernlrf4 dc
Siward Jaffs and . ht Trust gxlal kn51 Ulatt A2566 Re rtofthETf for Year Ended 31 March 2025 REFERENCE AND ADMINisfRATIVE DEfAILS Reglstered Charlty number 1C¥>7598 prtndpal address 21 Slward James Close Bodenham Hereford Herefd5h1re HR1 3LS Mr T V JaftRs.IA>ye Mr P T(l1nJn Ivke Chalrnn Mrs P James.1k Ichairnwi) htrs L TomlInn Mrs J JO$ MrRHt Mr T Jame$4•thre laNnted 1.5.24 crk A Potter lnd•Pwnt Examln TTrrne Wldgery Acc¢yjnta Ltd Chartered Accountants 2 WsEvale Busi$ P¥k Kln4s kre Hereford Herefordshlre HR4 78S SolKltor5 h*ssr5 Lloyds and Cwr 28 th Street Leominster Herefordshire HR6 8JB Bankers Lloyds TSB PIC 9 Com Sware Herefordthire HR6 8LR Kl siEd on its ikThhaif by. htrs P james.knre . Trust
Irth rKnt Examinerfs Siward Jarres to the Tntee5 of . ht Trust Chari I report to the charlty trust&s on nty examhMtk of the acc(uts of Srward JanE5 aThl ArkwrTght Trust Charity (the Tnst) for the year ended 31 Marth 2025. RespOr6b1lltles and bash of report As the charlty trustees of the Tn are resp)rtsltAe for the weatn of acc(wnts in aCcOre with the requlrements of the Charltfe5 £t 2011 {'t kt.). I rep¢rt In resirt of ry examInatI of the Trust's aCCmts carrled (Alt Sertkn 145 of the kt aThJ In carrylng t)ut my examlnation I have followed au a11(able Dlrectkm5 the Charfty CLYr#nissh)n der Sectlon 14515)Ibl of kt. InthperKlent examlrrfs statement I have comFleted my examlnatkn. I cmfirn) thai Mala1 mattrr5 c(Yne to rry attentlLm in c(mertkn wlth the examlnatlon givln8 me cause to I11 that in ary rnaterlal respert: accountlng record5 were rnlt ke0 in re5PKt of tt Tnrt as re(wtred ty Sectkffi 130 of the kt. the xcounts th not actrAd with tlw)se rec(fd5' t the accounts Th)t c(nY awlkatAe rewtrrnts ceKemlry the forni and ¢crtent of Kcwnts set lt In the Charftles ar Rerxrfts) Regulatkffis 2LTh othtr ary requlrffwit that the acctyjnts glve a and falr vlthv thlch ts rrt a mattw c(M$k as wt of an Indeptrtht ewlnatlon. shrAd be drawn In thls repxt kn order to er*tle a wclxr wrtlerand1nq of the ¥ccthts to be rexfred. htrs Llsa Wea Chartered ACCntan 2 Wsewdle Bu5fjr Park Kirqs kre Hereford Herefordshlre HR4 7BS Page 4
Siward James and ht Trust lal Fkwsi latt A25t Statement of FInala1 ktivitS for tt Year Ended 31 March 21T25 31.3.25 Total 31.3.24 Total fund5 INCOME AND ENfJowMEiifs FROIIJ Charltable actlvltles Gera1 73.323 73,323 74,812 Investment Income 41,(9 41.089 38,913 Total 114.412 114,412 113,725 EXPENDrruRE ON Charltabie actlvltles General 171,274 171.274 79,123 Net 8ains on On4tStnts 24,%3 24,963 19,648 NEf INCOMEI{EXPENDrruRE) Transfers between funds (31,8991 (1,4J51 (31,899} 54,250 13 N•t moveff*nt In fw#15 133,3041 131,899) 54,250 RECONCIUATION OF FUNDS Total f(wK15 tThitht f(Kw&d 1.(83.486 58,317 1,151,&)3 1,LY17,553 TiJfAL FUNDS CARRIED F¢JiWARD 1,COJ).782 59.722 1,119,9)4 1,151,3
Slward James ar Soclal Hs1 ulatrK rm) A2566 Statement of FinaKiai PosVtK 31 hkirch 2025 31.3.25 31.3.24 Tanglble assets 169,662 881,339 178,130 899,788 1.051.IX11 1.077.918 CURRENT ASSETS Debtors Cash at bank 1,766 112.1Xb2 1,320 118,891 113.828 120,211 CREDrroRS Amwnts faLlln8 due withln one s*ar 10 (5,7631 15,4611 NEf CURREKf ASSErs 114,Tr) TOTAL ASSEfs LESS CURREiif LIABILMES 1,159,( 1.192,668 CREDITORS Ants falling kn after than one star 11 139,1621 140,865) NET ASSErs 1,119,4)4 1,151.W3 FUNDS Unrestrlcted EnthMnt funds 13 1.10,182 59,722 1,(FJ3,486 58,317 TufAL FUNDS 1,119.9)4 1.151.W3 The financial stateThS were apwoved PA)ard of Tnstees and aUt1KYT issue .. arnl V4Tre Signed its tw. s P James.knre . Trustee p T¢InsOn . Trustee
Siward jarr and Social Housi no A2566 tement of Cash Flow5 for Year En<*d 31 March 2025 31.3.25 31.3.24 187,2371 6.049 Net cash (wed inllwovlded ty ojmtlry &tfr 187.237) 6,049 Purchase of flxed asset imestn Sale of flxed asset InvestrrMts Interest received 136.5881 134,843> 35,029 Net cash wowded ty actfvltks Chanqe In cash and cash •qulval•rts fn the reportlnq perlod Cash and cth equlvalents at th• btylnnkni of the r•portln8 p•rlod (6,829) 6.235 118.891 112,656 Cash 4nd Cash equlvalents at the end of th• reportlry wrlod 112.062 118,891 Page 7
Slward James and Arkwri ht Trust Social Fkjjsi ulatsx no A25flJ Notes to the Statement of Cash Flow5 for tt Year Ended 31 March 2025 RECONCIUATION (ExPEN1REINC{W TO NEf CASH FLChV FRCthI (RATG £rivmES 31.3.25 31.3.24 Net leXpendlture)n0me for the rePttl perfrfbd I•s pgr Statement of FlnaKlal AcEMtl Adjustments for. Depredatkni char8e5 Galn on InveStnts Interest received Irease In debtors Decrease In cre¢llt(K5 131.8991 54,250 124.963) 36.996) 1446) 119.6481 135,0291 1334) 11.6581 187.237 6,049 A14ALVJS OF CHANcs IN NEf FUNDS At 1.4.24 At 31.3.25 M•t eash Cash at bank and In haThd 118,891 (6,829 112,062 118,891 (6,829) 112,062 T¢)tal 118,891 (6.829 112,062
Siward James Sxlal Hw5f ht Trust lat no A2566 Note5 to FInajaI StateThthts for Year En(d 31 March 2(125 AcciyJKfMG KLKIES Basts of pr•parlng the flnandal ststements The financial staterlts of the chaiity, vltiich is a berfft ffitlty der F15 102, love been Fepared In acCOrdae wlth the Charitie5 SORP IFRS 1tT2) 'tIng RepKrtiThA by Charities: Statement of Recommended Prxtke aw4icable to dritIeS preparir¥A their accounts in aCcOrdae w7th the FinarKlal Reporting Standard awlicable in the UK ar#Y RewtrAic of Ireland {FPS 102) leffectfve 1 20191., FlnaKial RertIng Starthrd 102 Tr Flwrial Repyt7ng sta aPicable in the UK and Repubilc of Ireland and the Charfitle5 £t 2011. The fina1& stateThEnts have been prepared under the historical cost convention, wlth the exceptkn of inNE5tments vthich are indu(d at fflart value, as mdified by revaI1t of certakn asse Tr charlty Is a regtstwed yxial land. Tr accwrt5 ha Ln wepared wrfler the hlstrtal cost accountlr4 nAes (except f(f Imystments are stated at marker Val at the balance sheet date) In accordaKe with the Chthtles kt 2011, the kt 19%, tre Statement of RecoTrrnded Practlce for Soclal kkwslrq Provider$ 2014. All Income is recognId In tre Stateftt of FlnaKlal ktlvltks orKe Charfty charftyhas entftlefflt to the funds, It 15 protobie that the iKome will be recefved the afTXnt can i ThayJred rellably. EXPdItUr• Llabllltle5 are recogn15ed as expeThYlture as s(A)n as there Is a ielai or (CtKYe obllgatw)n cowffllttlng the Chadty to that exF¢nthtu, tt Is wobable that a trafer of ecorKYnk benefits w61( be rewlred In settlement and the aMct of the IAAigatw)n can be ffeawred rellabiy. EXpWltWe 15 accounted for on an accruals basls, IKLu5ive of VAT and t5 ten classlfied WKJer headin85 that aqgreqate au cost related to tPe category. Cyclkal repalrs and MaIntlI Because of a progr of repair and malntenaKe kept unts regular re¥, the tntstees charge actual TarIble f1 assets (kweciated. Car Park 20 years ProFrties 20 . 9) sar5 EwlrKnent 5 years using proFleS are availat4e for rert arnl ¥e stated at C05t le55 (kWecIatK. Soclal HolT and slmflar aTrts When Imxsing de[opts have Ixn fin¥ed wtdly ¢x partly lry gxial 1Thsing similar grants. the want 15 ld as deferred aNI released in line with the related asset to the irKcffle arml expendlture Investments InveStnnts are stated at market Val at the balar£e sheet date. Unrealised gainsliosses are caiaFtated a5 the thffererKe between openin8 ciw marft values and are to the Statement of Flnancial Actlvtt*5. contInd...
Slward James and Ar . ht Twst Sc(ial Fkxjsi uiator no A2566 Notes to the FinarKial Statements - for the Year Ended 31 March 2025 ACC(MJKfiNG P(XICIES. c¢¥rtlnsMd Talble flxed assets Trade and other debt(X5 are recognised at the settlerrrt arr#Nmt. wepaylbts are at the amount Cash at baThk ar In hand Cash at bank arKI cash in hand WKith c1 arKI term hithly 1n5tnts wlth a SI matwlty of three ryK)nth5 or ie55 frcffi tIE date of Kwtsitkn OFEning of the de7 or slmliar acoxnt. Cre<litors aThJ provisi(Ys are recognised wtre the ctrwity has a Ixert obii8atkn re¥tIng frcffi a $t ewit that wlll wobabiy reSt In the trartsfer of fur#ts to a thlrd party arKI aThKXmt to 5etiie the oNlgatkn can be meawred or estimated reliably. Crethtm are Th)mwlly recow)tsed at thelr settlement amunt. Taxatlon chartty ts frcffi tsx Its tttarltabie xtmt Fund accountlry Unrestricted can be used In aCcWdat wtth tl charitth Objectts at the dlThtkn of tNstee5. Restrlcted fur¥J5 can only be e for partIlar rtricted wlthln the objects of the charlty. RestrlctlcA)s artse speclfkd ty tt a raased fw partioAar restricted wr. Further explanation of natwe arnl yp05e of eath fu ts kKluded kn the Th)te5 to the flnarKlal ststennts. The Charfty Scheme {der rewlres that the tntstees estatllsh aThl malntaln a fund provlded for (Krt of the InconE of tt charity in Lydw to nket the EAtratydirory repair, SmwoNPnt or rebulldlno of the sur are utilip d Ir(Nn re5eThE to extert that mai(Y repair5 exwjiiure in re5Fect ol I#51ra prornies is Th)t funLd by grarts. Charfty CcKnmlssknn. A retpyrt cder isAd ty the Charity C¢xMilsskn In 2(X11 authotlsed the Charlty to annual transfer fr ReVue R£Ve a Fviod of 25 years. inc(MYe IS to be utilised In Golng CoeM charity and believe that to the nature of its arKI expenditure, tr4etlv with its hith lei of investrr*nt assets. it will be in a FX)SitKm to Cortirn for the fOreve firtwe. At the end the charity In$tnts th than £.1x) aNJ t cwrent assets of 1108,065. if there was a slth term e to re(kKe cost& The tnstees beli there will be significant chary to its actlvltles In the eth futsJre. Page 10 c0ntfn1...
Siward James and Arknffi Trust C ulatr¥ A25(lJ Notes to the Finala1 Staterrthts- cOntind for the Year Ended 31 llarch 2025 INVEsfMENf WCOME 31.3.15 31.3.24 Hlre of facllltks Dew51t accrAmt intere ndry I1)me 35,029 320 41,Ci9 38,913 ended 31 Marth 2024. There were Insttts paid ts the year ended 31 2025 the year en(kd 31 Akirch 2024. srAFF cosrs 31.3.25 31.3.24 19,8n 19,8n The arage nwxttNy wmLr of eryAfJfte5 the star vR5 as fiAIry•Ls: 31.3.25 31.3.24 OffKe staff 1part.tiTrj Warden Irt-tIMe) The aage Thunber of anplffjws 15 the ew1valt of 1 full.tiThE (2024: 11 Pa8e11 ontlnwd..
Siward James and Soclal . ht Trust Chari ulator no A2WJ Notes to the Financial Staterryts. c(rtirnEd for 31 furxts fu fu15 IMCOIIE AND ENDOWIAEirrs FROII Charftable actlvltles GÈntrai 74.812 74.812 913 38,913 Total 113.n5 113,fL5 EXPENDtruRE ON Charftable actmi General 79,123 79.123 Net 84lffj on Intts 19.648 19,648 NEf IMCOME Transfer5 b¢twe•n fund5 54,250 11.405 54,250 52,845 54,250 REC(*4CIUATION FUMDS Total fwKts LYWt f(wvwd 1.040,641 56.912 1,(1)7,553 TofAL FUNDS CARRED F¢N¢WARD 1,C83,486 58,317 I,151,3 SURPLUY(DEFicrr) F(X¢ THE YEAR sU51(defiC1tl )tar is stated after 31.3.25 31.3.24 IftrFMlent examiner5 fee 3,354 Page 12
Siward James and Arkwri ht Trust ial ulator M A2566 Notes to the FInal& Statements. for the Year En( 31 March 2025 Freeh(Ad Plant aryj Tota15 cosr At I WI 2024 31 March 2025 363.782 7,119 370,901 DEPRECIATION Af l Aprfjl 2024 Charge for year 185.652 7.119 12.711 At 31 March 2025 194.120 7,119 201,239 NEf BOOK VALUE At 31 Ilarch 2025 169,662 169,662 At 31 Plarch 2024 178,1 Xl 178,130 Tre freeId was wOfeS TRI a5 at 31 lknh 1996 at Its open Maet Val wlth vacant P055e55ion for resldertlal use, tt Val bth £l,LXL).fJX). The Thunber of let lts in management at the erKF of tk was 23 I4. 231- Freehold laTrJ IKiudes a car parft at cost of C8.. Llsted investrrEnts mARIr VALUE At 1 April 2024 AdditlLN)S 899,788 36,588 {80,) 24,963 Revaluat At 31 March 2025 881.339 NEf B[ VALUE At 31 Alarch 225 881,339 At 31 lknh 2024 899.7&8 Cost or valuatirm at 31 l•arth 21r25 Is rryted ty. Listed InNE5tments Valuatkn in 2025 881,339 The charitys Investment comptses 7,151 Sh¥es In the National A$slat of Almkn Common Investment FxI. Page 13 c<mtlnL*d...
Siward James and Social kh57 . ht Trust Cha . ulator rw) A2566 Note5 to the Finala1 StaterTErrts. crrtirnEd for t Year Ended 31 March 2025 The annual Income ar151r4 fr(xn tlr Itt ts retaird within the FWKI and its Is refiected In tl market valLE of DEBT(. AACAINTS FALLWG DUE WTfHIM IXE YEAR 31.3.25 31.3.24 Prepants arKI Kcnd inc( 1,362 1,320 1,766 1,320 10. 31.3.25 31.3.24 Trade crethtors Other creditors 59) 5,173 4,913 5,763 5.461 11. 31.3.25 31.3.24 39,162 40,865 12. ANALYSIS OF MEf ASSETS BEfwEEN FUMDS 31.3.25 Total fur# 31.3.24 Total funds fund5 fur Flxed assets Investments Current assets Current Ilabllltles Long tem liabllities 169.662 881.339 54.1C¥> 15.763) 139,161) 169,662 881.339 113.828 15.7631 139.1621 178,130 89).788 120.211 (5.461 > 140.8651 59.n2 1.(kn0.182 59.T22 1.119.9)4 1.151,3 Pay 14
Slward James and Arkwrf ht Cha ial Hwsi uiatrr no A2566 Jtes to the Financial Statements. (in[Ed for Year Ended 31 March 2025 13. li0vr IN FUNDS Transfers At 31.3.25 At 1.4.24 in fuThls funds 444,579 259,267 1.511 (31.899 77,LV)3 (80,CthI 489,743 179,267 1,511 30,OCKI 19),OCi) 169,661 Desl8nated . Extrawdinary repair5 fwKI Deslgnated . Special reseTht fwKI Designated . Reltrrt contingerq fuThl Deslgnated - Csrlkal MInten&t fi4KI 1KI,(M)) 178,129 10.( 18,468) 1.rr43,II6 131,899) {1,4)5) 1,{,182 Endowment 5&317 59,T22 TiyfAL FUNDS 1.151.3 (31.8991 1,119.IXM Galns arrtl 105ses fuThts 114,412 {1n,2741 24,963 131,899) TiyfAL FUNDS 114.412 1171.2741 24.%3 (31.899 Comparatl%w for rnly4th In fvnds Tmsfers At 31.3.24 At 1.4.23 fUts Unrestricted fund5 UnalLated rever4Je rese 393.266 259,267 1,511 54,29) 12,937) 444,579 259,267 1.511 30,LXKI 1,LN)) 178,129 Designated . Rever contingery fur#J Designated . Csrlical nIntene fis 170,LIJ) 18.597 10,IJ)J (8.468) 54,250 (1,4)5) 1,(P)3,486 56.912 1,4)5 58,317 TOTAL FUNDS 1,If47.553 54.2 1,151,W3 Page 15
Sfward James and Soclal Hou . ht Trust Cha ' ulator no A2566 Note5 to the Financial Statements. for Year Ended 31 March 2025 13. MOVEuEKf IN FiINDS. oxrtlnued Gains and ML¥NtFnent Unrestrlcw fun& 113.T25 (79,123) 19,648 54,250 TufAL FUNDS 113,n5 179,123} 19,648 54,250 Thls reserve provide5 fu15 to rneet futwe maiw repjlrs thrrnqh an arnxi trnnsfer, at a le1 thtffmlned perk)dk revfjew ty the Tntstees with the Charlty C(YnmIs5 Scheme dated 28 Marth 1995. Thts rv•eThe Cle5 twxt fiJnds receId at the IrKeMkn of the chirlty that Yre 9JrrAus to the Inltlal expendlture m knu51nq yryrtks. These funds are alIae to Frnet exFtrJre for wthlch statUtY fInae ts I(lIK0M13. This fund is held frff futwe ar#1 r1xLd of tre of the ch¥lty. In 2C01. the Charity C(KrffiissKrs alrthLWi the Charfty to bmw fr their enthiwment, subject to tenns of ovw a of 25 Jr5 (l.e. £1,405.41 per a). an of £35,135. whKh was used toward5 the tn8 of rew unl Lkning the year .[0) of In4Estrrnts l*td In thf5 fuFKI were Lsed against Tts pwtx)se of "rfrtAJilding of the proFwty of c1kiri. Works FrfCMed to the fiat In this financial yEar. monies were Page 16 c(M)t1nl...
Siward Jame5 and Arkwri Trust Social r ulator no A2566 Note5 to the FInala1 Statements. cantStNd for the Year Ended 31 P•arch 2025 14. A total of £2,412 121ll4: CZ.1761 wa5 paid to T V JanE5-Ak, of the Tntstees. belng a (c1a1 trarwtlon th¥NJ5al of garden and site wa. wrwnts were (xrtstanding at the year aKI. Page 17