COMPANY REGISTRATION NUMBER: 04175186
CHARITY REGISTRATION NUMBER." 1086243
The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024
LIN
ACCO
Reporting Accountants
Highview House, 1 st Floor,
Tattenham Crescent
Epsom
Surrey
KT18 5QJ
ITED

The Carshalton Water Tower and Historic Garden Trust
Company Limit8d by Guarantsa
Financial Statoments
Year ended 31 March 2024
Pages
Trustees, annual report (incorporating the director's report)
1to6
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
10t017

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director'8 Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial stat8ments of the charity for the year ended 31 March 2024.
Reference and administratlve detalls
Registered charlty name
The Carshalton Water Tower and Historic Garden Trust
Charlty reglstratlon number
1086243
Company reg18tration number 04175186
Prlnclpal office
The Lodge
Carshalton House Pound Street
Carshalton
Surrey
SM5 3PN
Reglstered office
Highview House
1 st Floor
Tattenham Crescent
Epsom
Surrey
Kr18 5QJ
The trustees
Mr C Orton
Mrs J Gertz
Mrs J Knight
Mr M Symes
MrDYeo
MrA R Thorpe
Mrs K Ball
(Retired 22 September 2023)
Company secretary
Mrs J Knight
Independent examiner
Brooks Carling Accountants Limited
Highview House, 1st Flcor,
Tattenham Crescent
Epsom
Surrey
I￿18 5QJ

The Carshalton Water Tower and Historic Garden Trust
Company Limitad by Guarantae
Trusteos. Annual Report {Incorporating the Director's Report) (contlnuéd)
Year ended 31 March 2024
Structurei governance and management
This Trust is a charitable company limited by guarantee. It was set up in 2001 to replace The
Carshalton Water Tower Trust. In November 2006 the Trustees signed a 999 year lease with the
Governors of St Philomena's Catholic High School for Girls. who also occupy Carshalton House
Estate, to maintain, in addition to the Water Tower, Hermitage and Spring Head, a further part of the
eighteenth-century landscape garden of the estate, the north end of the lake area and the Sham
Bridge. This lease completes the Trust's geographical area of responsibility of the eighteenth century
pleasure grounds.
The Trust receives a modest income from the Lodge, which was gifted to the Trust by The Daughters
of the Cross of Liège, and interest on their endowment to the Trust in March 2007. This money
remains invested to help ensure the continuance of the Trust. Additional funds ne￿SSary to fulfill the
aims and objectives of the Charity are raised by the voluntary work of the Trustees, Friends and
Volunteers.
The Trust is governed by a Memorandum and Articles of Association and the Trustees, responsibilities
are to ensure that the charity has appropriate systems of control in place to facilitate:
o The most effective and efficient operation of the Charity as possible.,
o The safeguarding of the Charity's assets, with regular financial ￿nSideratIon tsken into account.
o To comply with relevant rules and regulations.,
o To adhere to company and charity law,
The Trustees are required to prepare financial statements each year which give a true account of the
Charity's affairs in accordance with the special provision of the Companies Act (2006) relating to small
companies.
In preparing these accounts the Trustees have:
o Made judgements and estimates that are reasonable and prudent;
o Stated whether applicable accounting standards have been followed.,
o Prepared the financial statement on the going concem basis.,
o Kept accounting records which show, with reasonable accuracy, the fi'nancial position of the Charity
at any one time.
The Charity comprises the Trustees, Management Team, and the Friends who carry out the day-to-day
running and rnaintenance of the Trust's property. They also promote the Trust in accordance with their
constitution, in the bona fide interest of the Trust and not to the benefil of themselves.
The New Garden Committee liaised directly with the Trust's neighbours on the estate, St
Philomena's CatholiG High School for Girls and St Mary's CatholiG Junior School this year.
The Trustees, and Friends, Committee work closely together. Five Trustees nomially take part in
stewarding on Sundays and on other public openings, hosting private tours, giving talks, gardening and
carrying out research. Trustees also form part of the New Garden Committee and are members of the
Friends, Management Committee, who are an integral part of the decision-making process.
When a person is invited to become a Trustee it is because of the expertise they can bring to the
Trust's Management Committee, for their familiarity and agreement with the Trust's aims and
objectives. New Friends and Volunteers are gained by general public advertising, through the Friends,
Newsletters and personal contact.
The Trust exercises an equal opportunities policy and has a Friends'Nolunteers' Health and Safety
policy. Information for Friendslvolunteers is set out in Handbook and in the Risk Assessment

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantse
Trusts8s' Annual Report (Incorporating tho Director's Report) {contlnued)
Year ended 31 March 2024
Document for the Water Tower. The Trust has a Collections Policy.
General Communicatlons
83 GrosvenorAvenue, Carshalton Beeches, Surrey, SM5 3EN, Tel.. 020 8669 1546.
Email: irvineknight@btinternet.com
Bankers
The Trustees, Account: HSBC, 54 Woodcote Road, Wallington, Surrey, SM6 ONJ.
The Friends, Accounts.. TSB Bank PLC, 40 Woodcote Road, Wallington, Surrey, SM6 ONR.
Objectlves and activities
The maln objectives of the Charity are:
o To conserve and restore the Trust's propety.. The garden follies., The grade11 listed early-eighteenth-
century Water Tower and the Hermitage,. The Spring Head and the mid-eighteenth century Sham
Bridge. The Grade 11 listed Garden, with mid*ighteenth century Lake design and the Lodge. Regular
monitoring is in place to evaluate the condition of each. This is carried out by the Trust through the
Friends. Committee and the Garden Committee. Conservation and restoration is guided by the ongoing
research of the Trustees and Friends.,
o To open the Trust's propety for the beneflt of the General Public.. In place are Sunday Openings of
the Water Tower from Easter to late September and openings of the Hermitage on the first and the
third Sunday of each month when the Water Tower is open. In addition, the Trust intends to support
national, London 8nd local heritage-related openings for the general public.,
o To encourage and foster an Interest In this heritage propety: Offered to all ages is a range of private
tours of the Water Tower, Hermitage and Garden, lectures and talks. Support is given to individuals
and student groups for their project work. It Is also the intention to establish the resource centre in the
Lodge.,
o To raise the profile of the Trusfs Properties: Through Friends and Volunteers- Updating the Trusys
website, www.carshaltonwatertower.co.uk' Advertising events directly in a conventional form through
the press and through networking via other websites and with other heritage and volunteer agencies,
locally and nationally.,
o To carry out research.. Research is carried out by the Trustees and Friends on the follies, the
pleasure grounds, the owners of Carshalton House Estste and related material,-
o To raise funds by means of a series of events, lettings and appeals to carry out the objectives set out
above.,

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees. Annual Report (Incorporatsng the Director's Report) (contlnued)
Year ended 31 March 2024
Achiev8ments and perfomianc
Patron
The Trusvs new patron,Todd Longstaffe-Gowan, who took on the role at the end of last year. is ideal
for the Trust because his expertise is in both a landscape history and landscape designer. He also has
a wealth of experience.
The Support of Friends & Volunteer8
The Trustees are deeply indebted to the Friends and Volunteers, who are an integral part of the Trust,
for all their support with..
o Regularly checking and organising the maintenance of the property throughout the year,.
o Promoting the Trust"
o Raising funds.,
Tho Trust's Pollcles
There has been a review and updating of all the Trusvs policies.
Tha Propgrty
The Trust has completed the following wlth respect to conservatlon and public benefSt:
o General maintenance of the Water Tower;
o The Forecourt area of the Hermitage has been resurfaced.,
The Grounds
o The Trustees have maintained the grounds,,
o The Friends and Volunteers have maintained the garden in the immediate vicinity of the Water
Tower.,
o Three more trees have been planted;
Health & Safety
o The routine testing of the Water Towerfs fire extinguisher, lightning conductor and electrical
equipment has been carried out.,
o There have been no recorded accidents this year.
Promotlng the Trust
The Trustees tried to promote and maintain the profile of the Trust as follows..
o Advertising through the Friends, newsletters,. local publications,. visiting other Friends, groups.,
o Publicty was gained by supporting national events: Heritage Open days. London Open House;
Wandle Festival- and local festivals-
o The Trusys Website, www.carshaltonwatertower.co. uk, and, Facebook, and regularly updatlng
information on both.,
o Ne￿Orking= Continulng membership and attendlng meetings with the British Association of Friends
of Museums {BAfM} and Heritage Alliance" The London Museums, Group,. The London Heritage
Volunteers" The London Forum and The Wandle Valley Forum.,
o The Friends, Committee: Via post & email., telephone and Friends, Newsletters,. attending meetings
of the Sutton Community Volunteer Sector and local organisation5-
o Widening the range of foreign language promotional flyers offered:
Engaging the General Public
o This was carried out via the website and Facebook.,
o Regular opening of the propety to the general public. as advertised, and offering private tour5-
o Offering Tours of the garden and Hermitage"
o The Friends offered a schedule of events which included a quiz for local groups, a concert, talks and

The Carshalton Water Tower and Historic Garden Trust
Company Lirnited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (eon¢inuad)
Year ended 31 March 2024
a film show.,
o New quizzes have been devised for younger children visiting with their parents.,
o Hosting Neighbourhood Watch Meetings.,
Historical Research & Training
o Research continued on the History of the Estate generally.,
o Specifically researching the use of the Water Tower as St Aloysius School and the boys who
attended the School for the Orangery Display and to complement the post AGM 2024 Talk, The Nuns
at the Water Tower;
o Our historic landscape garden has been recognised in Michael Symes, book, Prints and the
Landscape Garden Image, Illusion, Illumination.,
o We have had an article, The Eighteenth century Pleasure Ground at Carshalton House Estate,
written by Jean Knight, published in The London Gardener or The Gardener's Intelligencer for the Year
2023, the Journal of London Historic Parks and Garden Trust.,
o Attending the BAFM National Conference;
Flnanclal revlew
Frlends. Fund Ralslng
o Friends, membership subscriptions;
o Hires, events, opening to the public entrance fee, and donations,.
Reserves
The Trust's endowment is still invested with a charitable trust investment company. Over the past year
these funds have improved.
The reason for the Trustees, and Friends. aim to achieve surpluses, over and above the running costs
of the Propety, is to continue the Trust's programme of conservation, restoration, research and the
promotion of its Propety in the widest sense. It is considered, by the Trustees, that it is prudent to
have reserves because the Trust has the responsibility for listed buildings and a listed landscape-
The state of the Trustees, funds is monitored quarterly at Trustees, Management meetings and
monthly at the Friends Committee Meetings, to safeguard against irregularities and financial
mismanagement.

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) fcontlnued)
Year ended 31 March 2024
Plans for future perlods
The Trustees, and Friends, plans are devised to fulfill their charitable status commilments.
For th8 Immedlate future:
o To have a new tree survey completed.,
o Carry out a feasibility Study of possible methods of rtrestablishing the lake as a permanent feature.
o Increase visitor, Friends and Volunteer numbers.
o To continue to monitor the condition of the Trust's propety and carryout general maintenan￿.
In th8 m8dium term:
o Monitor the Trust's Property and address any problems.,
o Re-establish the mid-eighteenth ￿ntury lake as a permanent feature.,
o In consequence to inform the student and general public of the nature of a mid-eighteenth century
pleasure ground.
o To enrich the biodiv6rsity of the area by creating a range of wildlife habitats for the general public's
pleasure and instrucb'on.,
o Estsblish the research centre"
o Review the Trust's policy statements, rewriting where necessary.
In the long term..
o Keep maintained the Trust's propety.
o Continue to raise awareness of this historic site generally.
o Increase the range of relevant publications, thus putting into the public domain ongoing research;
o Increase visitor numbers and range of visitors.,
Small company provl8lons
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exempts'on.
The trustees. annual report was approved on
trustees by..
and signed on behalf of the board of
rs J Knight
Charity Secretary

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of The Carshalton Water Tower
and Historic Garden Trust
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of The Carshalton Water Tower
and Historic Garden Trust ('the charity,) for the year ended 31 March 2024.
Rosponslbllltles and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the fi'nancial statements in accordance with the requirements of the
Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 AcV)- In
carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(51(b) of the 2011 Act.
Independent examinerfs statement
I have completed rny examination. I confirm that no matters have come to my attention in connection
with the examinats'on giving me cause to believe..
accounting records were not kept in re8P6Ct of the charity as required by section 386 of the
2006 Act,. or
the financial statements do not accord with those records. or
the financlal ststements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is
not a matter consldered as part of an independent examination. or
the financial statements have not been prepared in accordance with the methods and
prlnciples of the Statement of Recommended Practice ft)r accounting and reporting by
charities applicable to charities preparing their accounts in accordance with the Financial
Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)
I have no concerns and have come across no other matters in connection with the examinats'on to
which attention should be drawn in this report In order to enable a proper understanding of the
accounts to be reached.
-L£.A,..A
.D
s- L. ".l.J
Brooks Carling Accountants Limited
Independent Examiner
Highview House, 1 st Floor,
Tattenham CreS￿nt
Epsom
Surrey
KT18 5QJ

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Statement of Financial Activities
(including incoma and exp8nditur8 account)
Year ended 31 March 2024
2024
Unrestricted
funds Total funds Total funds
2023
Not8
Income and endowments
Donations and18gacies
Charitable activities
Investment income
other income
31,672
742
26,673
15,913
75,000
31,672
742
26,673
15,913
75,000
1,190
376
26,466
12,025
40,057
Total income
Expenditure
Expenditure on raising funds:
Costs of raising donations and legacies
Expenditure on charitable activities
Total expendfture
41,178
11,039
52,217
41,178
11,039
52,217
12,811
8,370
21,181
10,11
Net gainsl(losses) on investments
12
13,132
13,132
(38,336)
Net Incomel(expendlture) and net movement In funds
35,915
35,915
(19,460)
Reconclllatlon of funds
Total funds brought forward
Total funds carried forward
758.161
794,076
768,161
794,076
777,621
758,161
The statement of financial activities includes all gains 2nd losses recognised in the year.
All Income and expenditure derive from continuing activities.
The notes on pages 10 to 17 fomi part of these financial Statements.

The Carshalton Water Tower and Historic Garden Trust
Company Limit8d by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Investments
759,944
740,139
Current assets
Cash at bank 8nd in hand
34,942
18,802
Credltors: amounts falllng due wlthin one year
Not current assets
17
810
780
34,132
794,076
794,076
18,022
758,161
758,161
Total assets less currant liabilities
Net a88ets
Funds of the charlty
Unrestricted funds
794,076
794,076
758,161
758,161
Total charlty funds
18
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Dlrectors, responsibilities:
The members have not required the company to obtsin an audit of its financial slatements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the r￿UIrementS of the Act
with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime,
These financi81 statements were approved by the board of trustees and authorised for issue on
and are signed on behalf of the board by..
cl i ol L¢'-
Mr C Orton
Trustee
The notes on page5 10 to 17 fomi part of these financial statèments.

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantse
Notos to the Financial Statements
Year ended 31 March 2024
Goneral information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is Highview House, 1 st Floor, Tattenham Crescent, Epsom, Surrey, Iff18 5QJ.
statement of compllance
These financial statements have been prepared in compliance with FRS 102, 'The Firiancial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practi￿ applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102}) and the Companies Act 2006.
Accounting policies
Ba8is of preparation
The financial statements have been prepared on the historical cost basis, as modifled by the
revaluation of certain financial assets and Itabilities and investrnent properties measured at fair
value through Income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Golng conGem
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of 88tlmatlon uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including expectations of
future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Deslgnated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of sub-classes.. restricted income funds or
endowment funds.
10-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantse
Notes to tho Financial Statements (contlnu8d)
Year ended 31 March 2024
Accountlng pollcles (contlnue
Incomlng resourcos
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity. it is probable that the economic benefits associated with the transaction will
flow to the charity and the amount can be reliably measural. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless thls Ss
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be r8garded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it relates:
expenditure on raising funds includes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charlty in undertaking
activits-es that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the govemance of the charity apportioned to charitable
activities.
other expendlture Includes all expenditure that is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to a single acts'vity are allocated directly to that activity. Shared costs are apportioned
be￿een the activities they contribute to on a reasonable, justifiable and consistent basis.
Investments
Unlisted equity investments are initially recorded at cost, and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
Listed investments are measured at fair value with changes in fair value being recognised in
income or expenditure.
11

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notss to th8 Financial Statsments (contlnuadj
Year ended 31 March 2024
Accounting policies (contlnued)
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost
less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value mc(lel are initially
recorded at the transaction price. At each reporting date, the investments are measured at fair
value, with changes in fair value taken through income or expenditure. Where it is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without
regard to whether the distributions are from accumulated profits of the associate arising before or
after the date of acquisition.
Investments in joint ventures
Invesbnents in jointly controlled entities accounted for in accordan￿ with the cost model are
recorded at cost less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are
initially recorded at the transaction price. At each reporting date, the investments are measured at
fair value, with changes in fair value taken through income or expenditure. Where it is
impracticable to measure fair value reliably without undue cost or efft)rt. the cost model will be
adopted.
Dividends and other distributions received from the investrnent are recognised as income without
regard to whether the distributions are from accumulated profits of the joint venture arising before
or after the date of acquisition.
Impaimi•nt of flxed a88ats
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cash-
generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill. the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Flnancial Instruments
A financial asset or a financial liability is recognised only when the charity becornes a paty to the
contractual provision5 of the instrument.
-12-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to tha Financial Statements (contlnued)
Yoar ondod 31 March 2024
Accountlng policies (conunuefl)
Flnancial instruments (continued)
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investrnents in shares are publicly traded or their fair value can othemise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
recognised in income and exp6nditure. All other such investments are subsequently measured at
cost less impairment.
other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
other financial instrurnents are subsequently measured at fair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Flnanci818ssets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective eviden￿ of impairment, an
impairment loss is recognised under the appropriate heading in the Statement of financial
activities in which the initial gain wa5 recognised.
For all equity instruments regardless of significan￿, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Limited by guarantsg
The company is limited by guarantee and has no share capitsl. All directors are also members of
the company, each being liable to contribute to the assets of the company a sum not exceeding
£1 D upon liquidation of the company, to meet the debts and liabilities incurred before he or she
ceases to be a member. The company has also been granted exemption from using the word
'Limited" in the title of the company.
Donations and legacies
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donations
Donations
31,475
31,475
1,062
1,062
13-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notss to the Financial Staternents (continued)
Year ended 31 March 2024
Donalions and legacies {conllnuedJ
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Subscriptions
Subscriptions
197
197
128
128
31,672
31,672
1,190
1,190
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Income from events
742
742
376
376
Investment Incomg
Unrestricted Total Fund8 Unrestricted Total Funds
Funds
2024
Funds
2023
Other investrnent income
26,673
26,673
26,466
26,466
other Income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Lettings
Rent received
Admission sales
Contract catering
Book sales
5,560
9,027
1,033
156
137
5,560
9,027
1,033
156
137
3.000
8.592
312
50
71
3,000
8,592
312
50
71
15,913
15,913
12,025
12,025
Costs ol ralslng donatlons and legacle8
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Costs directly related to the working of
the Trust
41,178
41,178
12,811
12,811
10. Expondlture on charltable actlvltles by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Management & administration
11,039
11,039
8,370
8,370
14-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Stst8monts (continued)
Year ended 31 March 2024
11. Expendlture on charltable actfvities by activity type
Activities
undertaken Total funds
directly
2024
Total fund
2023
Management & administration
11,039
11,039
8,370
12. Net gainsl(losses) on Investments
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gainsl(losses) on listed investments
13,132
13,132
(38,336)
(38,336)
13. Independent examination fees
2024
2023
Fees payable to the independent examiner for..
Independent examination of the financial statements
810
780
14. Staff costs
The average head count of employees during the year was 7 (2023: 8). The average number of
full-tirne equivalent employees during the year is analysed as follows:
2024
No.
2023
No.
Numbèr of staff - trustees
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
15. Trustee remuneratlon and expenseg
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
15-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarantee
Notes to the Financial Statements (conrfnuéd)
Year ended 31 March 2024
16. Investments
other
Investments
Cost or valuation
At 1 April 2023
Additions
Disposals
other movements
740,139
26,673
120,000)
13,132
759,944
At 31 March 2024
Impaimient
At 1 April 2023 and 31 March 2024
Carylng amount
At 31 March 2024
759,944
740,139
At 31 March 2023
All investments shown above are held at valuation.
17. Credltors: amounts falllng due wlthln one y8ar
2024
2023
Accruals and deferred income
810
780
18. Analys18 of charltable tunds
Unrestricted funds
At
Gains and31 March 202
losses
At
1 Aprll 2023
Income Expendlture
General funds
758,161
75,000
{52,217)
13,132
794,076
At
Gains and 31 March 202
losses
At
1 April 2022
Income Expenditure
General funds
777,621
40,057
{21,181)
(38,336)
758,161
The unrestricted fund represents the reserves of the company that are not subject to any
restrictions regarding their use and are available for application to the general purposes of the
company
16-

The Carshalton Water Tower and Historic Garden Trust
Company Limited by Guarants8
Notes to the Financial Statements (contlnu8d)
Year ondad 31 March 2024
19. Analysis of net assets between funds
Unrestricted Total Funds
Funds
2024
Investments
Current assets
Creditors less than 1 year
Net a888t8
759,944
34,942
(810)
794,076
759,944
34,942
1810)
794,076
Unrestrlcted Total Funds
Funds
2023
Investments
Current assets
Creditors less than 1 year
Net assets
740,139
18,802
(780)
758,161
740,139
18,802
(780)
758,161
17-