Mary Atwood's Churches. Charity (A Reglstered Charlty) Accounts for tho year ended 5 Aprll 2024 R•gl8t•rod charlty numb•r: 1076260
Mary Atwood's Churches. Charty Charity informatlon Trustees Name G C Cornelius N M BovAes M S R Grrffiths Charlly number 1076260 Prlnclpal address Williams¢)n & Barnes 12-14 Queen Slreel Deal Kent CT14 6EU Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hll West Malllng Kent ME19 4JQ SollGitors Wllliamson & Barnes 12-14 Queen str.eet Deal Kent CT14 6EU Independgnt examlners Kreston Reeves LLP 37 St Margaret's Street Canterbury Kent CT12TU
Mary Atwood's Churches, Charlty Trustees. report for the year ended 5 April 2024 Trustees present their report and accounls for the year ended 5 April 2024. Constitutlon The Charity was established by th8 Will dated 27 July 1995 of Mary Irene late of Kaloomba, I g si George's Road, Sandwich, Kent, who died on 9 November 1995, proved by the Executors, David George Downes and Geoffrey Clark Cornelius in the District Probate Registry al Brwhlon on 11 December 1995. The Charity was registered on 24 June 1999 with the number 1076260. Objects of th• Charity, prlncipal aetivltles and organl8atlon of our work The Charity's objects are'.- to pay one half of Ihe annual income of the Charity lo the Par¢xhial Church Council of Sandwich for the maintenance repair or improvement of the fabric of St Clements Church, Sandwich. b. to pay one half of Ihe annual income of the Charity to the parhla1 Church Council of Ash-with-weslmarsh for the maintenance repalf or improvemenl of the fabric of Sl Nicholas Church, Ash. Th8 Charity is orgAni8ed wlth the Trustees meeting regularly lo manage Its affairs. When planning our activities the Trustees have considered the Charilies Commission guldance on public benefit. Devolopmant, actlvltlas and achl•v•ment8 thls year The Charity has distributed ils income for the year to 5 April 2024 to the Parochial Church Councils of Sandwich and Ash. R•s•rv08 pollcy The General Fund is used for the day to day runnlng of the Charity The balance is regularly distributed to the Churches. The Capital Fund is used for generatin9 the income and as such is not for dislribulion. Flnancial revlew At the period end. there was a balance In the General Fund of £9,806 (2023.. £9,046), and a balance In the Capital Fund of £50.855 {2023 - £18,135) Rlsk management The Trustees have assessed Ihe m8jor risks to which the Charity is exposed, in particular those related to the operalions and finances of the Ch8rity, and are satisfied that systems are in place to miligale exposure to the major risks. Investment powers The Trustee5 have Ihe power to invest Trust mDney as they in their absolute discretion think fit. The Trustees lake regular stockbrokers, advice. Details of the inve8tmenls held are set out in the annexed Accounts.
Mary Atwood's Churches. Charity Tru8teeg' report for the year 8nded 5 Aprll 2024 Approval This report was approved by the Trustees and signed on their behalf by'.- M.S.R Grifflth8 TnJglee Date: 15 January 2025
Mary Atwood's Churches. Charity Indopendent Examiners report to the Trustees of Mary A00d'S Churches. Charity I r8POrt lo th8 Charity's Trustee5 on my exarnlnation of the accounts of the Charfty for the year 8nd8J 5 Aprll 2024 whlch are sel out on pages 5 to 7. Thls reFQrt13 mad6 solely lo tho Charivs Tw8toes, as a toty, In 8cCOrdan with secllon 145 of the Charilios Act 20113nd regulations m&Je under section 154 of Ihal Act. My woth has been undertaken so th81 I mlght stat8 lo Ihe Charitys Trustees tho$8 matters l am required to stale to Ihom in an Indepondent examln8rfs rewrt and for m other purwsg. To the fullest extent P6rmltted by law, I do not accgpt or a5¥ume reswnsibillty lo anyor¢e olher than th8 Charlty and the Charit18 Tn1808 as 8 body, for my work or for thls report. R•sponslbllltlo8 bul8 of roport As the Chaws TwJl8e¥ you are wpon8lble for tho proparation of tho 8lXOUrts In a¢¢ordance w4th th8 rgqulremonts of tha CharlllK Act 2011 {'Ihe Act'i. I rep)rt In r8SP8Ct of my ex8mln8llon of the ChariV8 accounts carrled out under sectlon 145 01 tho Act and In c8rrylng oul my examlnation I have folloWj all thts appll¢8ble Direclons given by tha Charlty Comml¥sion under $oction 145{51(b) of the Act. Indep•nd•nt •xamln•rf• 8tat•mgnt I hav8 comploted my examinatlon. I conllrm Ihat no malerlal matters have come lo my att8nUon In nneCtIOn wllh th• examlnallon glvlng me causa to b815gve that In any mateflal respect.. 1. 8¢countlry r8¢ordB were r#)t kept In r06pect of th8 Charlty as requlrod by s8dSon 130 of the Act; or 2. thè accounts do not accore wtth those record8 I havo no c¢nGem6 and h8Vg oomo aeroJ$ othor mattois In ¢xnnoction wlth Ihg gxjmlnallon to whlch attontion 8Uld b8 drawn In thlB rgwrt In order to ¢nable a proper underslandlng of the 8ccounts to b8 reached. Ml¢hael l)y•r ACA MAAT Kroston R¥0* LLP Chart•r•d Accountant• Cant•rbury D8le.' 16 JBnuwy 2025
Mary Atwood's Churches. Charity Recelpts and payments for tho year onded S Aprll 2024 2024 2023 Not• G?noral Fund Income Recelpts From charltablg asB8tg". dlvidends and dislrfbutlons less aCced Inlarest untaxe(I Inteiest and dlvldonds 63.280.21 3,698.70 83.016.05 3,895.91 67.178.91 66.911.98 Payments Profegslonal fees Legal fee8 Peyments made to churche3: PCC of Sl Nkholas Church Ash PCC of Sandwlch ISI Clomenls) Bank ¢harg8$ 1,080.00 990.00 1,020.00 000.00 31,933.80 31.934.12 70.50 31.870.32 31.870.68 80.25 66,008.42 85,741.23 Oth•r r•c•lpts and p•ym•nts In rnlatton to Miry Atwood'• Sl Cl•manV• Church Charlty Reeeipls PayTnenls 250,79 250.79 250.79 249.83 0.96 Ntt re¢¢lpt81(paymtrnts) for th• ye•r Bink balance at 6 Aprll 2D23 Ncl transfers tollrom Capital Fund 1,170.49 g,C•45.89 (410.00) 1.171.69 8.354.20 (480.00) Bank balanc• at 5 Aprll 2024 9,808.38 9.045.89 Capltal Fund Recelpts Sale of slocks 8 shares Cash (¥Jnlrlbutlon on liquidallon Retum of Capttal - Aviva PLC Inte$1 32,000.00 235.02 5,435.33 39.77 880.03 Payments 32,915.05 5,475.10 Stock purch8888 Deallng fees 805.00 378.41 Net reeelptsl(paymentsl for th¢ year Bank balances at 6 April 2023 Transfers tonrom Income Fund 32.310.05 18,135.39 410.00 5.096.69 12.558.70 480.00 Bank balanc•$ at 5 4)ril 2024 50.855.44 18,135.39 Totsl bank balances at 5 April 2024 80,661.82 27.181.28
Mary Atwood's Churches. Charity Statement of assots and Ilabllltle8 ft>r the yoar ènded 5 Aprll 2024 2024 2023 Note Monotary assets CAF Account CAF Gold Account Deposrt Account 9.806.38 6,378.56 44,476.88 9,045.89 5,872.84 12,262.55 60,661.82 27,181.28 Investment Assets COIF Incomo shares 2043.26p {31103123 1873.66p) Pgr $har8 (value 311031231 {¢0s1 £90,037.17) Stocks and shares per Redmayne Bentley valuatlon 05104r24 - Icosvprobale value £891,896) 145AOg.62 133.339.95 1,413,722.00 1,434,398.18 1,559,131.62 1,567,738.13 Current Ilabllltles Profe5slonal foes Due lo Mary Atwood's St Clament's Church Chartty 1,140.00 63.20 1,080.00 63.20 1,203.20 1,143.20 The flnanGlal st¥lem8nts were approved by tha Trustee5 and *ned on thelr behaw by.. M.8.R Grlffiths Tru51ge D8ts.' 16 JenLSary 2025
Mary Atwood'6 Churches, Charity APndIX to tho accounts for tho year ended S Aprll 2024 Not• 1 $•i• of •lo¢ks 4nd sh•r•s 2024 2023 Por brok•r Not• 2 Purch•w ol stodEJ and sharn P•r broker Nots S Invo•lm•nt valuatSons 2024 2024 Holdlng D•tslls CoJVProbats VAlu•tion IIoT•t Valu• bo,0() Regional REIT Ltd 4.5% 7,200 BP Ord $0.26 3.83e Shél Transport & 7rndlrvJ Co orf £a.25 1,850 BtrSP Bllllon Hc ¥0.50 762 R Tlnto Ord £0.10 9,5LX) Smlth1051 PLC Ord £0.10 2,OC4) DKqgoo Ord £0.28 1011108 1,8 Unlknver Pt Ord £0.031111 2.175 Hjleon PLC Ord £0.01 1,740 GSK PLC 4,5QJ Relx PLC GBPO.1444 2,714 Compats Group Ord £0.1105 31.480 Vor5tons Ord 1.31p 17,260 BT Group ORD £0.05 ?9.4 Vodafone eiroup Dr(1 $0.2095238 3,62S SItiSh & Soulhem Efteryy £O,SO 8,575 Cofits5ra ORD £0.061728395 50,179 35,737 21,053 31,451 9,912 22,883 10,06S 16,885 4,374 19,715 22,989 8,207 28,970 42,179 54,482 20,828 19,555 47,388 36,439 108,841 42,272 37,906 38,950 09,006 7,088 28.353 149,310 60,278 8,279 18,104 20,183 67.619 8.158 1111 7,262 Naknal Grfd Tranjw Ord £0.113953 5,739 unl UUIIUeB Group PIC Ord £0.05 5,0(KJ HSBC Holdings PLC ORD USD £0.50 8,428 Sbnd8rd Ch8rtered Bank Ord 10.50 4,062 Avfva Ord £0.25 10,51KJ M&G PLC Ord £0.05 5.331 Abrdn PLC Ord GBP 0.1396825396 27,OOD Abrdn Dfvèr&lfied Inc & G TH Tst PL¢ Qrd BPBO.25 82,958 JP Morgan European Inve8trnent Tru•t InB Sh•r08 £0.005 6,310 1Chants Tru8t Ord £0.25 4,500 Inlemational Trust 0 £0.25 20,875 Schmdgr Orf•nial In¢ome Fund £0.01 1D,5CKJ sc1)tSh Amerfcan Inv•stmert Co ORD G8P £0.25 14,250 Tempte 8ar Invo$tment Trvst Qrd £0.05 32.500 Internatlonal Publlc Partr7ershTrp Ord G8PO.QDOI 334 Wcx)dskle Eneffjy Gn>up Ltd NPV 32,894 37,081 29,106 41,312 29,988 24,860 24,561 28,751 44,412 25.000 19,123 75.010 68.739 32.070 44.880 19.920 21,6B2 7.402 19.224 6S.474 33.Cf11 54.C66 52,eos 34,699 40,625 6,317 33,117 13,489 50,934 5,736 891,896 1,413,722 Nots 4 R•lat•d Partl85 Oue to the mlnimum bank accouAt OP6nlng requlrernents lh¢ Mary Church•8' CPrtty 49wd lo lake ovor th8 recelpls and payments 8drnln18tr8tlon of the Mary Ats¥ood's Si Clem•nfJ ChuKh Cl4rfty ltharfty number 10771181. The sokn PUfPOS• of the Mary AMod Sl Cknonfs Church Charity the upkeep ol the Atscod tsrnlly 9Tavo. r G C Comelius, Mr M S R Griffith$ and N M 8owl•$ Jr• alw TnJs¢ees of tho ory Atmood's St Clemont's Church Chartty. At year end, tho bank bal8nix attrfbutablo to Mary Ats¥ood'8 Sl Clom•rfs Churth ChJrlty w•8 £63.20 12023.. £63.20) Therè were no othèr relatèd party tsansactiony In Ihe p6rt>d of prfor perfcé.