REGISTERED COMPANY NUMBER.. 04794066 IEngland and Wales) REGISTERED CH NUMBER.. 1098618 REPORT OF THE TRUSTEES AND FINANaAL STATEMEtirs FOR THE YEAR ENDED 31 DECEMBER 2024 FOR GEORGE FENTHAM HAMPTON IN AROEN CHARirY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDE14 ENDOWED CHARITY J W Hlnks LLP Chartered Accountants and Statutory Auditors 19 Hlghfield Road Edgbaston Birmingham 815 38H
GEORGE FEffftiAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY CONTENTS OF THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31 DECEMBER 2024 Pa R•port of th• Trustee5 Report of thè Independ•nt Audltors 8 to 10 Statement of Fln•ncSal ActSvltles 11 to 12 Balanc• Sh••t 13 to 14 Notes to th• Hnanclal Statements IS to 37
GEORGE FENThAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CtrIARITY (REGISTERED NUMBER: 047940661 EPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustee5 who are also dlrectors of the charity for the purposes of the Companies Att 2006. present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their account5 irt accordance with the Financial Reportlng Standard appllcable in the UK and Republic of Ireland IFRS 1021 (effective I Jarnuary 20191. OWEcnvES ANO ACTIVIYIES Purp05e5 and alms The George Fentham Hampton In Arden Charlty's objects are to adminlster almshouses, other properties and assets owned by the charity to generate an Income and to apply the income for the benefit of the residents of the almshousès and in charStable purposes for the 8eneral benefit ol the inhabitants of Hampton in Arden. Its prlnclpal a¢tlvltles Include the followlng. The provision of almshouses to provlde accommodatlon for resldents Ilvin8 in the area of Hampton In Arden. The provlslon of a village hall lor use by the inhabltants residin8 in the area of Hampton In Arden. Making grants avallable to pensioners and resldents In need living In the area of Hampton in Ardèn. Making grants available tor charltable educatlonal purpose5 In the area of Hampton In Arden. Makln8 8Tants avallable to or8anlgatlons or inhabltants resldln8 in the area of Hampton In Arden. To upkeep, repalr, malntaln and rebulld any of the charlty's propertles or any other recreational Institution belng charitable lor the general beneflt of the resldent5 of the area of Hampton in Arden. Ensurfni our work dellv•rs our ilrns We revlew OUT aims, oblectlves and activities each year. Thi5 revlew looks at what we achieved and the outcomes of our work In the prevlous 12 months. The revlew looks at the success of each key a¢tivlty and the beneflts they have brought to those 8roup5 of peoplè thè charlty 15 Set up lo help. The revlew also help5 ensure that our aims, objectives and actlvltles remained focused on our stated purpose5. The focus of our work The focu5 of the charlty's work contlnues to be the to admSnistration of almshouses, Other propertles and assets owned bv the charity to generate an Income and to apply the income for the benefit of the resldents of the almshouses and In charitable purposes for the general benÈf6t of the Inhabltants of Hampton in Arden. Grantmaklng The ch3rSty Tevlews grant appllcations from varlous or8anisatlons and individuals who support and dÈllver the charity's objects. Potential reclpSents of 8rant5 paid by the charity afe reviewed by a sub-committee of the charity on a case by case basis dependlng upon the available resource5 of the charitv. The sub-committee then makes a recommendatlon to the 8oard of Trustee5 who make the final declsion as to whether grant recommendation Is approved or releeted. Page I
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARrrY (REGISTERED NUMBER: 047940661 REPORT OF THE TRUSTEES FOR THE YEAR ENOEO 31 DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Charltable artlvltles How our activlties deliver ublic beneflt In 5ettin8 our objectives and plannin8 our activities the trustees have given carèful consideration to the Charity Commission's general Buidance on public benefit, includin8 the guldance on public benefit and fee chargin¥. Our maln activitles and who we try to help are descrlbed below. All of our charitable activitie5 focus on our abillty to Improve the condltlons of life for the resldents of Hampton In Arden. o Almshouses The almshousès have been contlnuously occupled throughout the year with only short breaks whllst premlses were redecorated before beln8 relicensed. o Day Club The Day Club has contlnued to be actlve throughout the year when posslble with lunches, outln8s and functlons contlnLtln8 to be arranged for the occupants of the almshouses and other residents of Hampton in Arden. o Grants to pensioners Durlng the year ended 31 December 2024 a total of 24 pensioners12023.' 271 beneflted from 8rant5 totalllng £27,447 12023.. E28,9981. o Grants to organlsatlons and Inhabltants During the year ended 31 December 2024 3 total of I grant12023.. 31 totalllng £4.500 12023.. £3,243) was made by the charitv. o Healthcare Durlng the year ended 31 December 2024 we pald resplte care for re5ident5 and paid fo inhabitants to have èmer8ency pendants totalling El,82812023.. £3,5441. o Scholarship Scheme The scholarship Scheme has continued durln8 the year ended 31 December 2024 and candidates have received 8rants totallln8 £15,62512023.. £23.5831 to 35515t with their hlghèr èducation expenses. FIP4AWCIAL REVIEW Flnanclal p051tlon The Staternent of Financial AttivStles for the year ended 310ecember 2024 show5 incoming resourcès for the year totalling E456,25012023.. £468,277) and resources expended totalling £41S,84712023- E529,8661. Net Incomlng resources after realised and unrealised gain5 and losses on freehold and Investment properties and flxed asset investments for the year ended 31 December 2024 amounted to £136,77612023: net incomSn8 resources after realised and unrealised gaSns and105ses on freehold and invèxtment propertSes and fixed asset investment5 totalling £860,605). As a iesult, the charity's total funds have increased from £9.716,824 as at 31 De¢ember 2023 to £9,853,600 as at 31 December 2024. The trustees consider the current level of funding 15 adequate to support the contlnuatiorb of the charity's existinÈ adivities. Page 2
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPQRATiNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGisfERED NUMBER.. 047940661 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Investment pollcy and oblectbves The charity maintains an investment portfollo along with various resldential and investment properties in order to provSde fund5 SO that the charity may achieve its objectives. The trustees, in conjunction with it5 indepÈndent investment manager, have made chan8es to the charlty's investment portFollo during the year ended 31 December 2024 as summari5ed in note 17 to the financlal statements. Reserves PDIICV The pollcy for reserve5 is determlned by the long term material need for the maintenance of the charity's almshouses, tO8ether wlth an operatln8 contingency to cover any unexpected shortlall In the charity'5 income. The trustees have established a general reserves ptsllcy to ensure that the charlty can meet the programrne for beneficiaries and rnanage thè Impact of any unplanned fluctuatlons In the value of the tharlty's net income. General rèseThes provide some protectlon to the charlty and its charitable PTO8ramme. At 31 December 2024 the level of freè reserves wa5 sufflclent to enable the charSty to rneet Its object5ves. FUTURE PLANS During the coming year the charity wlll continue to carry out Sts prSntlpal artlvltles to benefit the resldent5 of the charitY'S almshouses and for the general benefit of the inhabitants of Hampton In Arden. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlni do¢umÈnt The Geor8e Fentham Hampton in Ardén Charlty Is a company Ilmlted by 8U3rantee Ire815tered number 0479406601 which was incorporated on 10 lune 2003 and achieved charltable status on 17 July 2fy)3 Ireglstered number 10986181. The charity wa5 establlshed under a Mèmorandum of A550¢i3tion which establlshed the objècts and power5 of the charlty and Is governed under Its Artlcle5 of Assoclatlon. In the event ol the charity being wound up members are requlfed to contrlbute an amount not exceedlng Elo. Est blishment of the ¢harlt The charity wa5 originally established by the Wlll and Testament of George Fentham In 1696, 5ub5equently con5tltutèd by a Scheme of the Charlty Commlssloners on 23 December 1907 and further subject to 3 scheme of the Charity Comm155ioners dated 26 September 1980 varied by a scheme made on 20 January 1992 las modlfied by the order of the Commissioners). On 19 May 1004 the charity changed Its name from George Fentham Hampton In Arden Charity to Geor8e Fentham Hampton in Arden Endowed Charity at whlch time a new charltable company was Incorporated and assumed the name of George Fentham Hampton in Arden Charity. The charitable company took over the expendable property of the Pfevious charitv except for all land defSned a5 permanent endowment which is vested bn the new company as trustee to be held In trust on the term5 of the orlglnal trust. Page 3
GEORGE FENTHAM HAMPTON IN ARDEN CHARrrY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARrrY (REGISTERED NUMBER: 047940661 REPORT OF THE TRUSTEES FOR THE YEAR ENDED31 DECEMBER 2024 sniucwRE, GOVERNANCE AND MANAGEMENT Rettultment and appolntment of new trustees The following bodies have the right to nominate the following number of trustees. Two trustees shall be nomlnated by the Borough Coun¢il of Solihull. One trustee shall be appolnted by the Justices of the Solihull Petty Divlsion. Three trustees shall be appointed by the Parish C04Jncil of Hampton in Arden. The tfijstees 3150 have thè rSght to Co-opt up to four Jdditlonal trustees by resolution passed at an extraordinary general meeting of the charlty. The maximum length of term of office for trslee$ nominated by the Borough Councll of Sollhull and for trustees appolnted by the justices of the Sollhull Petty Divlslon and the Parish Council of Hampton in Arden is 4 years. The maxlmum length of term of office for co-opted trustees is S years. All trustees glve thelr tlme voluntarily and receive no beneflts from the charSty. Any expenses reclalmed from the charlty are set out In the note5 to the financial statements. Organlsatlonal strudure The George Fentham Hampton In Arden Charity 15 organised so that its Board of Trustees meet regularly to manage the charlty's affalrs and formulate po1CY and the trustee5 a¥e responslble for all policy and flnancial decisSon maklng on behalf of the charSty. In order to do thls, a sub-commlttee of the tru5tee5 meets four tlmès per year and recelves independent investment advice from the charltY'5 Independent Investment manager. This sub-committee reports back to the Board of Trustees. Indurtlon and trainln8 of new trustees Newly appointed tru5lees are Inducted and trained by the exlsting trustees and are provlded with varlous documentatlon In order to help thèm understand the workings of the charlty. Related partle5 The Goor8e Fentharn Hampton in Arden Charlty Is ¢onnected wlth an unincorporated charity called the Geor8e Fentham Hampton in Arden Endowed Charity Ire8lstered numbèr 2264921. Under a Charity Commlsslon unlting direction these financial statements Incorporate the transactions of both charitles. Both ¢harStles are adminlstered by ihe same set of trustees, The George Fentham H3mpton in Arden Charity is also connected with the Educational Foundatlon of George Fentham Ire8iStered number 5288161 with both charStles being adrninlstered by the same set of trustees. In the current year. dotalls of transattlons between the Georgè Fentham Hampton Sn Arden Charity and the Educational Foundatlon of George Fentham are dlsclosed in note 23 to the financial Statements. Page 4
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGISTERED NUMBER: 047940661 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DEfAILS Réglstered Company number 04794066 (England and Wales) Reglstered Charlty number 1098618 Re815tered ¢)fflte Fentham Hall Marsh Lane Hampton-in-Arden Solihull West Midlands B92 OAH Trustees ointed b thè Councillor A Rolf Mr5 J Oswald rou Coun 4 Year rm Term of offlce expirès 19.10.2028 Term of office explre$ 8.10.2026 olnted b the Ham Mr T 8eresford Mr M Abbott Ms S A White Mr G Lakln ton in Arden P h Council rm Term of office expire5 31.10.2026 reslgned 17.01.2024 Term of office explres 14.06.2027 appointed 15.10.2024 and resigned 09.04.2025 oin Mrs A Fisher th 5tl¢e ett Sess on Dlvlsion 4Y Term Term of office expires 16.10.2026 Co-o tative Mrs C A Grant Mr G Ryland Mr DAdams Mr C Rickard es S Year Ter Term of office expires 31.10.2027 Term of office expires 15.07.2025 Term of office expire5 19.10.2025 Term of offlce expire5 24.01.2028 Senlor Statutory Audltor Peter Smith FCA Audltors J W Hinks LLP Chartered Accountants and Statutory Auditors 19 Highfield Road Edgbaston Birmingham 815 38H Page 5
GEORGE FENTHAM HAMPTON IN ARDEN CHARtrY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGISTERED NUMBER.. 047940661 REPQRTOFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER2024 REFERENCE AND ADMINISTRATIVE DETAILS Clerk to the Trustees and Prlncipal Oflice Mr5 S Jarratt George Fentham Meeting Room Marsh Lane Hampton in Arden West Midland5 892 OAH Banker HSBC 8ank plc 130 New Street Birmingham B2 41U Veale Wasborou8h Vlzards LLP Second Floor 3 Brindleyplace 8lrmlngharn 812JB Investment monaier Brewin Dolphbn Limlted 9 Colmore Row BSrmln8ham B3 28J Surveyor N C Russell MRICS Nlck Russell Associates Lavender Cottage Lucton Leomlnster Hererfordshire HR6 9PH srATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the dlrectors of George Fentham Hampton in Arden Charity incorporatin8 George Fentham Hampton in Arden Endowed Charity for the purpose5 of company lawl are responsSble fgr preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accountin8 Standards Iunited Kingdom Generally Accepted Accountin8 Practlcel including Flnancial Rèporting Standard 102 The Financial Reporting Standard applicable In the UK and Republic of Ireland" Company law requires the trustee5 to prepare financial statements for each financial year whlch give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, includlng the income and expenditure, of the charitable company for that period. In preparing those financial statements. the trustEes are requlred to selèrt 5Ultable accounting policies and then appty them consistently,. observe the method5 and principles in the Charity SORP., make judgements and e5timate5 that are reasonable and prudent.. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable Company will contlnue In business. Page 6
GEORGE FENThAM HAMPTON IN ARDEN CHARwrY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY (REGISTERED NUM8ER: 04794066) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The trustees (who are also the directors of George Fentham Hampton in Arden ChèrSty incorporating George Fenthani Hampton in Arden Endowed Charity for the purpose5 of company 13wI are responsible for preparing the Report of the Trustees and the financial statements in accordance wlth applicable1aw and United Kin8dom Accounting Standards Iunlted Kingdom Generally Accepted Accountlng Practice) Includlng Flnanclal Reporting Standard 102 'The Financial Reptsrting Standard applicable in the UK and Republic of Ireland Company law requires the trustees to prepare financial Statements for each flnancial year whlch glve a true and falr vlew of the state of affairs of the charitable cornpany and of the incomSn8 resources and application of fesources, including the incomè and expenditure, of the charitable company for that perlod. In preparlng those financlal statements, the trustees are requlrÈd to select sultable accounting pollcSes and then apply them consistentlv., observe the methods and principles In the Charlty SOAP,. make judgement5 and estimates that are reasonable and prudent. prepare the fSnancial statements on the 8olng concern basls unle55 It Is Inapproprlate to presume that the charitable company wlll contlnue In buslness. The trustees are responslble for keeping proper ac¢ountSn8 records whSch disclosè with reasonable accuracy at any tlme the rinancial posltlon of the charltable company and to enable thern to ensure that the flnancial statements cornply wlth the Companles Act 2006. They are also re5pon5ible for safeguarding the assets ol thè charltable company and hence for takin8 reasonable steps for the prevèntlon and detection of fraud and other Irregularltles. In so far a5 the trustee5 are aware.. there is no relevant audit Informatlon of whlch the charltable ¢¢mpany'5 audltors are unawarè,. and the trustees have taken all stèps that they ought to have taken to make themselve5 aware of any relevant audlt Snforrnatlon and to establSsh that the auditors are aware of that infomiatlon. AUDITORS The auditor5, J W Hlnks LLP, will be proposed for re-appolntment at the forthcoming Annual General MeetSn8. Thls report has en prepared in accordance with the special provlslons of Part 15 of the Companies Act 2006 relating to small companles. Approved by order of the board of trustees on 9 July 2025 and sl8ned on its behalf by: Zg< Mrs C A Grant- Trustee Pège 7
REPORTOF THE INDEPENDEPAuD1TOR5ToTHE MEM8ERSOF GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGISTEREO NUMBER: 047940661 Opinion We have audited the firbancial statements of George Fentham Hampton in Arden Charity incorporating George Fentham Hampton in Arden Endowed Charity (the 'charitable company'l for the year ended 31 December 2024 which comprise the Statement of Financlal Activities, the Balan¢e Sheet and notes to the financial statements, inclLJdin8 a summary of significant accountSng pollcles. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountin8 Practlcel. Including Financial Reporting Standard 102 'The Financial Reportin8 Standard appllcable in the UK and Republic of Ireland,. In our opinion the flnancial statements.. glve a true and falr vlew of the State of the charitable company's affalrs as at 31 December 2024 and of its incomSnB res¢urce5 and applicatlon of resources, including its income and expenditure, for the year thèn ènded,. h?ve been properly prepared In accordance with United Kingdom Generally Accepted Accountlng Practi, Includlng Flnanclal Reportin8 Standard 102 The Financial Reporting Standard appllcable in the UK and Republic of Ireland, and have been prepared Sn accordance wlth the requirements of the Companles Act 2¢XJ6. 8asls for oplnlon We conducted our audlt in accordance with International Standards on Audltln8 IUKI IISAs IUKII ènd applicable law. Our sponsibllities undei thosè standards are further described in the Audltor5' responsibllltles for the audlt of the financial statemerbts section of our report. We are Independent of the charitable company In accordance with the ethical requirernenls that are relevant to our audlt of the finandal statemènts In the UK. includlng the FRC's Ethlcal Standard, and we have fulfllled our other ethlcal responslbilitie5 in accordance wlth these requliement5. We belleve that the audit evidence we have obtalned Is sufficient and appropriate to provide a ba515 for our oplnion. Conclu51ons relating to goln8 concern In auditin6 the financial statemenls, we have concluded that the trustees, use of the golng Concern basis of a¢countin8 in the preparation of the linancial statements is appropriate. Based on the work we have performed. we have not Identlfled any material uncertaintièx relatSn8 to events Of condition5 that, IndSvidually or ctsllectively, may cast significant doubt on the charitable company's abi1Sty to continue as a going concern for a period of at least twelve months from when the flnancial statements are authorlsed for Issue. Our responslbilltie5 and the responslblllties of the trusteès with respect to goin8 concern are described In the relevant sectloThs of thls report. Other Informatlon The trustees are responslble lor thÈ other informatlrin. The other Information comprises the information included Sn the Annual Report, other than thè financial statements and our Report of the Independent Auditors thereon. Our oplnion on the financlal statements does not cover the other Information and, except to the extent otherwSse expliciily statèd in our report, we do not express any form of a55urance conclusion thÈreon. In connection wlth our audit of the flnanclal statements, our responsibillty is to read the other information and, in doin8 $0, consider whether the other information Is materially inconslstent with the financial statement5 or our knowledge obtained in thÈ audlt or otherwlse appears to be materially misstated. If we identify such material incon51Stencles or apparent material mi5Statements. we are required to deterrnine whether this gives rise to a materSal misstatement in the financial statements themselves. If, based on the work we have performed. we conclude that there is a material mlsstètement of this other information, wè are required to report that fact. We havè nothing to report In thls regard. Page 8
REPORT OF THE INDEPENDENT AUDITQRS TO THE MEMBERS OF GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY (REGISTERED NUMBER.. 047940661 Oplnlon5 on oth•r matters prescrlbed by the Companles Act 2006 In our oplnion, based on the work undertaken in the course of the audlt.. the Information given in the Report of the Trustees for the financial year for which the fSnancial statements are prepared is consistent with the financial statements., and the Report of the Trustees has been prepared in accordance with appllcable le8al requirements. Matter5 on whSch w• are requlred to report by exception In the IlÈht of the knowledge and understandin8 of the charitable company and Its environment obtsined In the course of the audlt, we have not identlfied matèrlal mlsstatements In the Report of the Trustees. We have nothin8 to report in respect of the following matters where the Companles Act 2006 requires us to report to you if, In our oplnlon: adequate 3ccountln8 record5 have not been kept or returns adequate for our audit have not been recelved from branche5 not visited by us- or the financial 5t)tements are not in agreement wlth thè accountlng record5 and returns; or certain disclosures of trustee5' remuneraiion speclfied by law are not made., or we have not receSved all the inlormatlon and explanatlons we require ftsr our audSt,' or the trustees were not entltled tts take advantage of the small companle5 exemptlon from the requlrement to prepare Strateglc Report or In preparlng the Report of the Trustees. Responslbllitles ol iruste•s As explalned more fully in the Statement of Trustee5' Responslbllltles, the trustees (who are also the dlrectors of the charltable company for the purpose5 of company lawl are responslble for the preparation of the financlal statements and for belng satlsfled that they glve a true and fair vSew, and for such Internal contrtyl as the trustees determlne Is necessary to enable the preparation of flnanclal statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statement5, the trustèes are responsible for as5essin8 the charitable company's ability to contlnue as a going concern, di5closlng. as appli¢able, matters related to goln8 concern and usln8 the goln8 concern basis of accounting unle55 the trustees either intend to liquidate the charltable company ar to cease operations, or have no reallstlc alternatlve but to do so. Page 9
REPORTOFTHE INDEPENDENT AUDITORSTOTHE MEMBERSOF GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEO CHARITY (REGISTERED NUMBER: 047940661 Our responsibilities for thè audit of the financlal statements Our objectives are to obtain reasonable assurance about whether the financlal statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance Is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aBBreg3te, they could reasonably be expetted to Influence the economlc decisions of users taken on the basis of these flnanclal statèrnents. The extent to whlch our procedures are capable of detecting irregularlties, In¢ludin8 fraud is detailed below.. enqulring with management and others to 8ain an understanding of the organlsatlon Itself Including operatlons, financial reporting and known fraud or error,. evaluating and understanding the Internal ¢ontrol system.. performin8 analytical procedures as expected or unexpected variancts in account balanc&5 or classe5 of transactlon5 appear,. testing documentation supportlng a¢¢ount balances or classes of transactlons. and conflrmlnÈ a¢count5 receivable and other accounts wlth a thlrd partv. Because of the InhÈTent Ilmltatlons of an audlt, there is a rlsk tat we will not detect all Irregularities, includSn8 those lead5n8 to a materlal mlsstatement In the financial Statements or non-compliance with regulatlon. This rlsk increases the more that compllance with a law or regulation is rèmoved from the events and tran5aCtlons reflected in the financlal statements, as we will be le55 likely to become aware of instances of non-compliance. The rlsk Is also greatèr regardlng Irregularltles occurrln8 due to fraud rather than error, as fraud Involve5 intentlonal concèalment, for8ery, colluslon. omission or misrepresentatlon. A further descrlptbon of our responslbllltle5 for the audit of the financial statements Is located on the Flnanclal Reportln8 Council's web51te at www.fre.or8.uk/auditorsresponsibilitiès. This description forms part of our Report of the Independent Ayditors. Us• of our report This report Is made solely to the charitable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Att 2C4J6. Our audit work ha5 been undertaken 50 that we might state to the charitable company'5 members those matter5 we are required to state to them In an audltors, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responslbllity to anyone other than the charitable company and the charitable company's members as a body, for our audlt work. for th15 report, or for the opinlons we have formed. Peter Smith FCA (Senior Statutory Audltorl for and on behalf of J W Hinks LLP Chartered Accountant5 and Statutory Auditors 19 Hlghfleld Road Edgbaston Blmingham 815 38H 9 July 202S Page 10
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY STATEMENT OF FINANCIAL AcllviTIES (INCORPORATING AN INCOME AND EXPENDMJRE ACCOUNTI FOR THE VEAR ENDEO 31 DECEMBER 2024 2024 Total funds 2023 Total fund5 Unrestricted funds Restricted fund5 Endowment fund Notes INCOME AND ENDOWMENTS FROM Donatlons and legacles 461 461 353 Charltabl• actlvltles Fentham Green Fentham Hall Day Club Geor8è Fentham Meeting Room Grant5 recelvable 93.699 71.083 2,319 93.699 71.083 2.319 85,316 73,871 2,670 6.117 28.872 19,622 19.622 Other tradlng actlvltles Investrnent Income Other income 26.609 241,S77 26.609 241.577 33.614 202,704 34,760 Tot•1 436,628 19.622 456.2SO 468,277 EXPENDITURE ON Raisin8 fund5 18,711 28,711 28.241 CharStable actSvllles Fentham Green Fentham Hall Day Club George Fentham Meetlng Room Fentham Lodge Arboretum, forestry and fencln8 Orbit Response Eharges Grants payable support costs 37,043 121,689 7,327 2,928 4,729 16,069 1,828 121.077 62,714 2,973 7,977 40,016 129,666 7,327 2,928 4.729 17,851 1,828 121,077 62,714 114,590 151,171 7,437 1,415 7.642 20,452 3,544 124,079 71,295 1,782 Total 404.115 12.732 416.847 529,866 Net 8alns on Investments 7,643 89,730 97.373 93,755 NET INCOME Other recognlsed galnslllossesl Gains on revaluation of fixed as5et5 40,IS6 6,890 89,730 ia6.776 32.166 828.439 Net mowment In funds 40,IS6 B9,730 136.776 860,605 The notes form part of thèse financial statements
GEORGE FENTHAM HAMPTON IN ARDEN CHARrtY INCORPORATING GEORGE FENTHAM HAMPTON IN AROEN ENDOWED CHARITY STATEMEwf OF FINANCIAL ACrivlEs (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total nds 2023 Total funds Unrestrlcted funds Restricted funds Endowment fund Notes RECONCIUATION OF FUNDS Total funds brought forward 251,409 9.465,415 9.716.824 ,856,219 TOTAL FUNDS CARRIED FORWARD 291,565 6,890 9,555,145 9.853.600 9,716.824 The notes fonn part of these financial statements
GEORGE FEFHAm HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY (REGISTERED NUMBER: 047940661 BALANCE SHEET 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Endowment fund Notes FIXED ASSETS Tangible assets Investments Investments Investment propertv 16 6,186.190 6,186.190 6,186,190 17 18 369.595 631,221 650,OIJO 3,IMIO,816 650,000 2.365.359 650,LX)O 369.595 9.467AII 9,837,006 9,201,549 CURRE NT ASSETS Debtor5 Cash at bank 19 37,048 57,Y91 37,048 155.015 52,039 637,470 990 87,7J4 94A39 9,890 87,714 192,063 689,509 CREDITORS Amount5 falling due withln one vear 20 1172,4691 13,OlXII 1175.4691 1174,2341 NET CURRENT ASSETS 178,0301 87,734 16,594 515,275 TOTAL ASSETS IESS CURRENT LIABIUTIES 291,565 6,890 9.555,145 9.853,600 9,716,824 NET ASSETS 291,565 9,555.145 9.853,6 9.716,824 FU14DS Unrestrlcted funds Restritted funds EndDwment lund5 21 291.565 6,890 9,555,145 251,409 9,465.415 TOTAL FUNDS 9,853.600 9,716,824 The notes form part of these finandal statements
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY IREGISTERED NUMBER: 047940661 BALANCE SHEET. contlnued 310ECEMBER 2024 These financial ststement5 have been Prepared In accordance with the prov15ions applicable to charltable companies subject to the small companlès regime. The financlal statements were approved by the Board of Trustees and authorised for issue on 9 July 2025 and were slgned on its behalf bv.. Mrs C A Grant- Trustee Mr C Rlckard - Trustee The notes form part of these financial statements
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPT014 114 ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 AccouKnNG POUCIES BASIS OF PREPARING THE FINANCIALSTATEMENTS General Informatlon The George Fentham Hampttsn In Arden Charity 15 a charity incorporatèd in England and Wales, The address of the charity's registered office is Fentham Hall, Marsh Lane, Hampton-Sn-Arden, Solihull, West Midlands, B92 OAH. Accountlng ¢onventlon The financial 5tatement5 of the charlty. whlch Is a publlc benefit entlty under FRS 102, have been prepared In accordance wlth the Charities SORP IFRS 1021 "Accountlng and Reporting by Charities: Statèment of Recommended Practice applicable to charitie5 preparing their accounts In accordance wlth the Flnancial Reportin8 standard applicable in the Unlted Kingdom and Republic of Irelond IFRS 1021 (effective I january 20191 Flnancial Reportlng Standard 102 'Yhe Flnancial Reportlng Standard applicatrjle In the UK and Republlc ol Ireland" the Companies Act 2006 and the Charltles Act 2011. The financial statement5 have been prepared usin8 the historlc cost ctsnvÈntSon a5 modifled by the revaluation of Investments and arè presented in sterling which is the functlonal currency of the charity, founded to the nearest El. The slgnificant accountlng pollcles applled In the preparatlon of these financial statements are Set out below. These pollcies have been conslstently applied to all years presented unless otherwise stated. FINANCIAL REPORTING STANDARD IOZ. REDUCED DISCLOSURE EXEMPTIONS The charSty has taken advantage of the lollowing disclosure exemption in preparlng these flnancl81 statements as permitted by FRS 102 'Yhe Flnancial Reportlng Standard appllcable in the UK and Republic of Ireland" the requlrement of Settion 7 Statement of Cash Flows. COMPANY STATUS The charlty Is a company Ilmlted by guarantèe. The members of the charity are thè twgtees named In the Report of thè Trustees. In the event of the charlty beln8 wound up the liability In respect of the guarantee 15 limited to £10 per member of the charity. INCOME All income Is recognlsed in thè Statement ol Financial Actlvitie5 0n¢e the charity has entitlement to the funds, It Is Probable th8t the income will be recelved and the amount can be measured rellably. The policies adopted for the recognltlon of income are as follows. For donatlons to be recognlsed the charity will have been notlfied of the amounts and the settlement date in wrltlng. If there are conditions attached to the donation and thi5 requlres a level of performance before entitlement can be obtaSned then income is deferred until those conditions are fully met or the fultllment of th95e conditions 15 within the control of the charity and it 15 probable that they will be fulfllled. Income from charitable activltles Includes income earned from Services such a5 residents, contributions and lettlngs intome to ralse funds for the charity. Income Is received in exchange for supplying services in order to ralse funds and is recogni5ed when entitlement has occurred. Page 15 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 OECEMBER 2024 ACCOUNTING POLICIES. cont1ued 114COME Investment Income S earned through holding assets for investment purposes such as share5. It Includes dlvldends nd interest receivable. Where it is not practicable to identify investment management costs incvrred wlth1n a scheme with reasonable accuracy, investment Income is reported net of these costs. It is Included when the amount can be measured reliably. Interest income Is re¢ogn15ed using the effectlve interest rate method and dividend Sncome Is recogn15ed a5 the charity's rSght to recelve payment Is established. Grant income from other third parties is reco8ni5ed at falr value when the charSty has entitlement after any performance conditions have been met, It 15 probable that the Income will be received and the amount can be measured reliably. If entitlement Is not met then these amounts are deferred. EKPENDITURE All expenditure is accounted for on an actruals basis and has been classifled under headlngs that aggregate all costs related to the category. Expenditure 15 reco8nlsed wher¢ there Is a legal or constructlve obll8atSon to make payments to third partles, It Is probable that the settlementwlll be requlred and the amount of the obll8ation can be measured reliably. It15 cate8orised under the followln6 headings. Expenditure on charitable activities. Other expendlture repre5entin8 those Items not fallln8 Into the above categorle5. Support costs are those that 3551st with the work of the charity but do not dirertly represent charltable actlvlties and Include office costs. goveinance cost5 and other administrative cost5. Grants payable to third parties are wlthln the charlty's chartable oblectlves. Where unconditional grants are offered, thls is accrued as soon as the recipient Is notlfied of the grant as thls glves rlse to a aSonable expectatlon that the reclplent w511 recelve the Brant. Where grants are conditional relating to performance then the grant is only accrued when any unfulfllled ¢ondition5 are outside of the control of the charlty. TANGIBLE FIXED ASSETS Housin land and buildin Somè years ago it was the prartlce of the charity to Include houslng land and buildings used for ¢haritable purposes at a nominal value of £1 each (with the exception of Fentham Hall which had a nil value due to the buildinB'5 nature, klsage and p05f(ion held within the charity) which is accordance with traditional practlce as the propertles were considered to be a permanent endowment of the charlty at that time. In order to comply with tho CharSties SORP (FR5 1021 "AccountSng and Reporting by Charities.. 5tatpment of Recommended Practlce appli¢able to charities preparing their accounts in accordance with the Financlal Reportin8 Standard applicable in the United Kin8dom and Republic of Ireland IFRS 1021 leffeuive I january 20191. and with the Companies Act 2006, these asset5 have been revalued to their market value by the trustees with the help of the charity's profe55ional adviser, N C Russell MRICS of Nick Russell A550clates. They have been included at market value as at 31 Decpmber 2024, The properties involved are Fentham Green Ilncluding the Warden's House), the Fentham Hall Caretaker's Lod8e and the garage plot at Belle Vue lerrace. Page 16 continued...
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATrNG GEORGE FEMfHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEM8ER 2024 ACCOUNTING POLICIES- continued TANGIBLE FIXED ASSETS Commercial and agricultural propertie5 were revalued as at 31 December 2024 by the trustee5 With the help of their professional èdviser, N C Russell MRICS of Nlck Russell As50clates. These have bèen included at market value a5 at 31 December 2024. Fentham Hall, a5 stated earller, ha5 no value In the financial statements for charitable purposes in accordance with tradltional practice a5 the Property is considered to be a permanent endowment of the charity. However, the trustees did obtain a value "on a contr3ctor'5 basis" of £1,500,OJO In 2017 with the hèlp of their professional adviser, N C Russell MRICS of Nitk Russell Associates. Thls is considered only to act a5 an 'alde-memolre" to the financial statements and not as a monetary valuation. INVESTMENT PROPERTY Investment property is measured usln8 the falr value model and is ststed at Sts falr value as at the reporting end date. The surplus or deficit on revaluation is reco8ni5ed In the Staternent of Flnanclal Artlvltles. TAXATION The ¢harlty Is exempt from ¢orporatlon tax on Its charltable actlvltie5. EMPLOYEE BENEFITS When employees have rendered service to the charityj short-term employee benefits to whlch the ernployees are entltled are recognlsed at the undlscounted amount èxpected to be paid in exchange for that seNSce. Termination benefits are recognlsed Immedlately a5 an expense when the charlty is demonstrably committed to terminate the employment of an èmployee or to provlde terminatlon benef5ts. CASH AND CASH EqUIVALENTS Cash and cash equlvalents Include cash In hand and deposlts held at call wlth banks. Bank overdrafts are shown wSthin borrowlngs In current Ilabilitle5. INVESTMENTS Investrnents are recognlsed initially ai fair value which 15 normally the transactlon prlce excludin8 transactlon costs. Subsequentty, they are measured at fair value with changes recognised in 'net 8ainslllossesl on investments" in the Statement of Financlal Actlvitles If the Snvestments are publl¢ly traded or their fair value can otherwise be measured FUND ACCOUNTING Unrestrlcted funds can be used In accordance with the charltable oblectlves at the di5cretlon of the trustees. Restricted funds can only be used for partlcular restrlcted purposes wlthln the objects of the charity. Rèstrictlons arise when specSfied by the donor or when funds are ralsed for particular restricted purposes. Further Èxplanatlon of the nature and purpose of each fund Is Included in the notes to the financlal statements. FINANCIAL INSTRUMENTS The charity has elected to apply thè provisions of 5ertion 11 'Basic Flnanclal Instruments. and Section 12 '0ther Flnancial Instruments155ues' of FRS 102 to all of its financial statements. Page 17 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARIT INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARrrY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES- contlnued FINANCIAL INSTRUMENT5 Financial instruments are recognised in the charity's balance sheet when the charlty bècomes party to the contra¢tual provisions of the Instrument. Financial assets and IlabilltSès are offset, with the net amounts presented in the financlal statements, when there Is a le8ally enforceable right to set off the recognised arrounts and there Is an Intention to settle on a net basis or to realise the asset and settle the liability simultaneouslv. Baslc flnanclal asset5 Basic flnanclal assets, whlch include trade and other Teceivables and cash and bank balances, are InitSally measured at transactlon prlce Includlng transactlon costs and are subsequently carr6ed at amortised cost using the effective Intèrest rrethod unless the arrangement con5tltutes a financing transaction where the transactlon Is measured at the present value of the future receipts dSscounted at a market rate of interest. Oth•r ftnanclal assets Other flnanclal assets are Inltlally measured at fair value whlch Is normally the transaction prl¢e. Such assets are subsequently carrled at falr valuè and the changes in falr value are reco8nised in the incomè and eypendlture account, emcept that Investments in equlty instruments that are not publicly traded and whose fair value5 cannot be measured reliably are measured at cost le55 Impairment, Tradè debtors, loan5 and other receivables that have flxed or determlnable payrnents that are not quoted In an actNe market are classlfled a5 "loans and recelvables Loans and receivable5 are measured at amort15ed cost using the effective Interest method less any impalrment. Interest is recognlsed by applyin8 the effective interest rate. except for short-term receivables when the reco8nltlon of interest would be immatèrlal. The effective interest mèthod15 a method ol calculating the amortised cost of debt Instrument and of all¢catin8 the Interest Income over the relevant perlod. The effettive interest rate is the rate that exactly dlscounts estimated future cash receipts through the expected Ilfe of the debt instrument to the net carrying amount on Initlal recognltlon. Impalrment al flnancial a55•ts Flnancial assets, other than those held at falr value throu8h Income and eKpendSture, are assessed for Indlcators of impèlrmènt at each reportlng end date. FSnanclal assets are impaired where there 15 objective evidence that. as a result of one or more events that occurred after the initial recognition of the flnancial a55et, the estimated future cash flows have been affected. If an asset 15 Srnpaired, the ImpairmÈnt Ioss 15 the dlfference between the carrying amount and the present value of the Èstimated cash flows dlscounted at the a55et's orlginal effective interest rate. The impairment Ioss 15 recognised in the Income and expenditure account. If there is a decase In the impairment loss arlslng from an event occurrlng after the Impalrment was recognlsed. the impairment Is reversed. The reversal 15 such that the current carrylng amount does not exceed what the carrying amount would have bèen had the impairment not previously been recognised. The impairment reversal Is recognised in the Income and expenditure account. Page 18 continued..
GEORGE FENTHAM HAMPTON IN ARDEN cHARy INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEO CHARITY NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THEYEAR ENDED 31 DECEMBER 2024 ACCOUNTING POUCIES- contlnued HNANCIAL INSTRUMENTS Deracognition of flnanclal assets Flnancial assets are derecoBnised only when the contractual ri8hts to the cash flows from the asset explre or are settled, or when the charity transfers the financlal asset and substantially all of the risks and rewards of ownership to another entlty, or if sorne slgnlflcant risks and rewards of ownershlp are retained but control of the asset has transferred to another party that is able to sell the asset Sn Its entirety to an unrelated third party. Classlflcatlon of finandal Ilabllltl•s Financial Ilablllties and equSty instruments are cla$5ified accordSng to the substance of the contractual arrangements entered into, An equity Instrument Is any contract that evSdences a residual Interest Sn the assèts of the charity after deductin8 all of Its liabilitSes. 8aslc flnan¢lal1Sabllltles Basic Ilnanclal Ilabllitles, IncludlnÉ trade and other payables and bank loans, are Inltially re¢ognlsed at transactlon prlce unless the arrangement tonstitutes a Ifnancln8 transactlon where the debt instrument 15 measured at the present value of the future reIPtS dlscounted at a market rate of Interesl. Debt instruments are subsequently Carried at amort15ed cost using the effectlve Interest rate method. Trade payables are obllgatlons to pay for goods and servlces that have been acqulred in the ordlnary course of buslne5s from suppllers, Accounts payable are cla551fled as current liabilitiès if payment 15 due withln one year or less. If not, they are presented as non-current Ilabllities. Trade payable5 are recognlsed Inltlally at transaction price and subsequently measured at amortised cost U51ng the effectlve Interest rate method. Other financlal1Sabllltles Derivatlves, includlng Interest rate swaps and forward forelgn exchan8e contracts, are not baslc flnanclal instruments. Derivatlves are Snitlally recognlsed at falr value on the date a derivative contract Is entered into and are subsequently re-measured at their fair valuè. Changes In the falr value of derlvatlvès are reco8nised in the Income and expenditure account in finance costs or flnance incomè as approprlate unle55 hedge accounting is applled and the hedge Is a cash flow hedge. Flnancial Ilabllitie5 and equlty Instruments are classlfled accordln8 to the substance of the Contractual arrangements entered Into. Der@cnItIon ol flnanclal liabllliles Financlal liabllltles are derecognlsed when the charity's contractual obligations explre or are d15charged or cancelled. PENSION COSTS ANO OTHER POST-RETIREMENT BENEFITS The charitable company operates a defined contribution penslon scheme. Contributlons payable to the charitable company's pension scheme are char8ed to the Statement of Financial Activities in the period to which they relate. GOING CONCERN The financial statements have been prepared on 3 golng concern basis as the trustees believe that no material UnrtaIntieS exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from the date of authorising these financial statements. The expected Income and expenditure is sufficieni wlth the level of reserves for the charity to continue a5 a going concern. Page 19 continued.
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 CRITICAL ACCOUNTING JUDGEMENTS AND KEY SIXIRCES OF ESTIMATION UNCERTAINTY In the appllcation of the charlty's accounting policies, the trustees are required to make jud8èment5, estimate5 and assumptlons about the carrylng value of assets and liabilities that are not readily apparent from other sour¢es. The estimates and underlylng assumptlons are reviewed on an onKoln8 basis. Revisions to accountlng e5tlmates are reco8nised in the perlod In whlch the estimate Is revlsed where the revision affects only that perlod or in the period of the revlsion and future perlod5 where the revision affects both current and future pèrlods. DONATIONS AND LEGACIES 2024 2023 Donatlons 461 353 MER TRADING ACYIVITIES 2024 2023 Bar Income 26,609 33,614 INVESTMENT INCOME 2024 2023 Rack rents recelvable other rental income recelvable Dlvldend Income receivable Bank interesl recelvable 76,510 48.000 116,967 loo 68,158 46,630 87,837 79 241.S77 202,704 Page 20 continued.
GEORGE FEPfftIAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TOTHE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME FROM CHARITABLE AcrivrriES Fentham Green Fentham Hall Day Club Grants ftesldents, contributltsns Lettings income Solar panels and wayleaves Incame Day Club and other income Meetlng room incorne other Income 93.699 33.397 2,686 2,319 35,¢XIO 93,699 71,083 2.319 2024 2023 George Fentham Meetlng Room Grants recelvable Total actlvltles Total activitle5 Grant5 Resldent5' contrSbutlons Lettin85 Income Solar panels and wayleaves Income Day Club and other Income Meeting room income Other Income 19,622 19,622 93,699 33,397 2.686 2,319 28,8n 85,316 58,322 2.858 2,670 6,117 12.691 35,000 19,621 187,603 196.816 Grants recelvable, included In the above, arè as follow5. UnrÉstrlcted funds Restrlcted funds 2024 2023 Heart of England Communlty Foundatlon.. Solihull Wellbeing & Recovery fund 3,333 National Lottery Awards for All: Elderly Lunch Club and Coffee Morning fund 7,500 The Bruce Wake Charitable Trust.. Improvlng Disabled Access fund 2,OCK) Page 21 Continued...
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATING GEOAGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTE5 TO THE FINANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 310ECEMBER 2Q24 INCOME FROM CHARrrABLE ACTIVITIE5- ¢ontlnued Balance carroed forward 12,833 Unrestrirt•d funds Restrlct•d funds 2024 2023 Balance brought forward 12.833 The Rowlands Trust.. Improving Dlsabled Atte5s fund Groundwork VK: Orchard fund 14,039 Natlonal Hl8hways'. Permlsslve Footpath fund 2,460 29th May 1961 Charlty.. Elderly Support Worker fund National Lottery Community Fund.. Improving Disabled Access fund 14,162 14,162 19,622 19.622 28,872 RA151NG FUNDS INVESTMENT MANAGEME14T COSTS 2024 2023 Broker's fees Surveyor's fees ComrneTclal propèrty Insurance 13.221 15.490 11.535 16,206 500 28,711 28.241 Page 22 continued.
GEORGE FENTHAM HAMPTON IM ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TOTHE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEM8ER 2024 CHARITABLE ACTIVITIES COSTS Grant funding of attlvlties (see note ioi Direct Costs (see note 91 Support costslsee note 111 Tota15 Fentham Green Fentham Hall Day Club George Fentham MeetSn8 Room Fentham Lodge Arboretum. forestry and fenclng Orblt Response char8e5 Grants payable Support Costs 40,016 129,666 7,327 2.928 4,729 17.851 1,828 40,016 129,666 7,327 2.928 4.729 17.851 1.828 121,077 62.714 121,077 62,714 204.345 12L077 62.714 388.136 DIRECT COSTS OF CHARITABLE AcfiviTIES 2024 2023 Staff costs General and water rates Insurance Ll8ht and heat Repalr5 and malntenance Garden malntenance Telephone and Plper system Day Club expendlture Day Club expendlture- travellin8 expenses Day Club expendlture- entertainment Orblt Response charges Bar purcha5e5 41.648 11.187 6.797 16.919 50.857 10,851 2,009 4.813 773 1,741 1,828 14,922 40,273 10,781 6,127 16,018 183,971 18,842 1,593 4,798 700 1,939 3,544 17,665 204.345 306.251 Page 23 continued..
GEORGE FETr¥fHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENfHAM HAMPTON IN ARDEN ENOOWEO CHARtrY NOTES TO THE FINANCIAL sfATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER2024 io. GRANTS PAYABLE 2024 2023 Grants payable 121,077 124,079 During the year ended 31 December 2024 the charlty made the followlng 8rants In order to contribute towards the benefit of the Snhabitants of Hampton in Arden. Totsl grants payable to Institution5 durln8 the year were as follows. 2024 2023 Educational Fovndation of George Fentham Hampton Sin8er5 Hampton In Arden Pre-school The Base The George Fentham School 70,827 66.000 1,000 1,500 743 2,109 4,500 1,614 76,941 71.3S2 Grants payablè are char8ed In the year when the offer is conveyed to the recipient except in thosè ¢ase5 where the offer Is conditional, such grants being reco8ni5ed a5 expenditure whèn the conditions are fulfllled. Total grants payable to IndlvSduals durln8 the year were as follows. 2024 2023 Scholarship 8rants Hampers Other grants to Sndlvlduals 15,625 813 27,698 23,S83 146 28,998 44,136 S2,727 Total 8rant5 payable to institutions and Indlvlduals 121.077 124,079 Page 24 continued...
GEORGE FENTHAM HAMPTON IN AROEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 ii. SUPPORT COSTS Governance costs Management Finance Other Totals Support costs 70 655 29.371 32.618 62.714 Support costs, Included in thè above, are as follow5.. 2024 Support Costs 2023 Total activities Advertlsln8 Bank charges Consultancy fees Printin8, Postage and statlonery Sundry expenses Wages Penslon5 Audltors, remuneratlon Insurance 70 655 13,974 382 IS,015 20.514 1,698 5,2410 5,166 70 476 23.398 591 18.406 17.236 1,421 4.800 4A97 62.714 71.295 12. NET INCOMEIIEXPENDITUREI Net Incomellexpendlturel Is stated after char8ln811credltln81: 2024 2023 Audltors, remuneratlon Surplus on disposal of flxed a55ets 5,240 4,800 134,7601 13. TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 310e¢ember 2024 nor for the year ended 31 December 2023. Page 25 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 13. TRusfEES' REMUNERATION AND BENEFITS. contlnued TRUSTEES, EXPENSES During the year ended 31 December 2024 a total of £1,71712023.. £2,002) w35 reimbursed In expenses to I trustee 12023.. 21 by the charity. STAFF COSTS 2024 2023 Wages and salarles Other penslon cost5 61,776 2,084 57,029 1,901 63.860 58,930 The average monthly number of employees durln8 the year wa5 as follows: 2024 2023 Management and adminlstratlon No employees recelved emoluments In exee5s of £60,CPJO. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Aestrlcted fund5 Endowment fund Total funds INCOME AND ENDOWMEpifs FROM Donatlons and legacles 353 353 ChJrltabl• actlvltles Fentham Green Fentham Hall Day Club George Fentham Meetln8 Room Grants receivable 85,316 73,871 2,670 6,117 85,316 73,871 2.670 6,117 28,872 28.872 Other tradin8 activities Inve5trnent income Other Income 33,614 202,704 33,614 202.704 34,760 34,760 Total 404.64S 28,872 34.760 468,277 EXPENDITURE ON Raising funds 28,241 28,241 CharitabSe actS¥lties Fentham Green 114,590 114,590 Page 26 continued...
INCORPORATING GEORGE FENTHAM HAMPTON IM ARDEW ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 Is. COMPARAnvES FOR THE STATEMENT OF FINANCIAL AcfiviTIES- ¢ontlnued Vnrestricted Restricted fund5 funds Endowment fund Total funds Fentham Hall Day Club George Fentham Meetin8 Room Fentham Lod8e Arboretum, forestry and fencin8 Orbit Response tharges Grants payable Support costs 121,884 7,437 1,415 7,642 20,452 3,544 124,079 71,295 29,287 151,171 7.437 1.415 7,642 20,452 3.544 124.079 71,295 Total 500,S79 29,287 529,866 Net gains on investments 6,197 87,558 93.755 NET INCOMEIIEXPENDITUREI Transfers between funds Othèr r•co8nSsed galnslllosses) Galns on revaluation of fixed assets 189,7371 14151 14151 415 122,318 32,166 828,439 828,439 Net movamant Sn funds 190,IS21 950,757 860,60S RECONCILIATION OF FUNDS Total funds brought forward 341,561 8,5J4,658 8,856,219 TOTAL FUNDS CARRIED FORWARD 251,409 9,465,415 9,716,824 16. TANGIBLE FIXED ASSETS Commerclal and Agrlcultural ResSdential Propertle5 Totals COST OR VAtUATION At l January 2024 and 31 December 2024 2,330,000 3,856,190 6,186,190 NET BOOK VALUE At 31 December 2024 2,330,IKMI 3,856,190 6,186.190 At 31 December 2023 2,330,OJO 3,856,190 6,186,190 Page 27 continued...
INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARrrY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 16. TANGIBLE FIXED ASSETS- continutd C05t or valuation at 31 December 20241$ represented by.. Commerclal and Aqdcultural ResldentSal Propertles Totsls Valuatlon in 2024 2,330,1)00 3.856,190 6,186,190 Tangible fixed assets were valued on an open markot basis on 31 December 2024 by Nlck Russell Associates. Fentham Hall A5 in prior years. Fentham Hall has no value in the flnancial statements as at 31 December 2024 as this property Is onsidered to be a permanent endowment of the charity and not an asset of value. The trustees obtalned a value In 2017 "on a contractor's basis of £1,500,0 wlth the help of their professlonal adviser, N C Russell MRIC5 of Nick Russell Assoclates, Thls Is consldered only to att 35 an "aide-memol" to the financial statements and not as a monetary valuatlon. Page 28 contlnued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTE5 TO THE FINANCIAL STATEMENTS- condnued FOR THE YEAR ENDED 31 DECEM8ER 2024 17. FIXED ASSET INVESTMENTS Endowed Capitsl Fund 2024 General Fund 2024 Total 2024 Total 2023 Market value at l January 2024 Additions at cost Sale proceeds on disposal Gainlllossl In the year: realised unrea115ed 160.727 215.240 114.0141 2,204,632 585.168 1248.3101 2,36S.359 2.276,224 381,328 1385,9481 1262.3241 11481 7,790 9.081 80,650 8.933 6,606 87,149 Market value at 31 December 2024 369.595 2,631.221 3,000.816 2,365,359 Historlc c05t at 31 December 2024 369,183 2,526.706 Z,895,889 2.083,S61 ANALYSIS OF INVESTMENTS 2024 2023 UK quoted equltles UK quoted bonds UK cash funds Non-UK quotèd equlties Non-UK quoted bonds 297,026 327,135 549,760 1,758,418 68,477 660.227 174,014 1,305,718 225,400 3,(1.816 2,365,3S9 INVESTMENT PROPERTY FAIR VALUE At l January 2024 and 31 December 2024 650,000 NET BOOK VALUE At 31 December 2024 650.000 At 31 December 2023 650,000 Fair value at 31 December 2024 is rèprosented bv: Valuation in 2024 650.000 Investment properties were valued on an open market bas15 on 31 December 2024 by NSck Russell Associates. Page 29 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHAR INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER2024 19. DEBTORS: AMOUNTS FAWNG DUE WIThIN ONE YEAR 2024 2023 Other debtors Accrued income 37.048 38,000 14,039 37.048 52,039 CREDITORS: AMOUNTS FALUNG DUE WITHIN 014E YEAR 2024 2023 TradE credltors So¢lal security and other tames Other credltor5 Deferred Sncome Accrued expenses 7,394 1,350 13S,777 20,448 10,51K) 862 161,784 11,588 17S.469 174,234 Deferrpd incorne Included within deferred income fallin8 due within one yeèr as at 31 December 2024 Is grant income and lettlngs Incomè recelved in advance by the charity totalling £20,76512023,, £nill. 21. MOVEMENT IN FUNOS Net movement In funds At 31.12.24 At 1.1.24 Unrestrlcted fund5 Genèial fund Maintenance and Repalrs fund Blodlverslty hjnd 27.648 153,500 70,261 42.198 69,846 153.500 68,219 12.0421 251,409 40,IS6 291,565 Restrlcted funds Improving DSsabled Acce55 fijnd Permlsslve Footpath fund Elderly Support Worker fund 6.185 678 27 6,185 678 27 6.890 6.890 Endowment fund5 Endowed Capital fvnd 9.465A15 89,730 9,555.145 TOTAL FUNDS 9.716.824 136,776 9.853.600 Page 30 ntinued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARtrY NOTES TO THE FINANCIAL STATEMENT5- contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 21. MOVEMENT IN FUNDS- contlnued Net movement in fund5, Included In the above are as follow5.. Incoming resources Resources expended Galns and 10$5es Movement In funds Unrestrlrted funds General fund Biodiverslty fund 436,628 14010731 11042) 7.643 42.198 12.0421 436,628 1404,115) 7.643 40.156 Restrlcted funds Improving Dlsabled A¢cess fund Permissive Footpath fund Elderly Support Warker fund 14,162 2,460 3,000 17.9771 11,7811 12.9731 6.185 678 27 19,622 112,7321 6.890 EndowmeTrt lunds Enduwed Capltal fun(1 89.730 89,730 TOTAL FUNDS 456.250 1416.8471 97.373 136,776 Comparatlves for mo¥•ment In funds Net movement In funds Transfers between fvnds At 31.12.23 At 1.1.23 Unrestrltt•d tund5 General fund Maintenance and Repalrs fund Biodiverslty fund 41.942 228.51)) 71.119 188,8791 74,585 175,0001 27,648 153,500 70,261 18581 341,561 189,7371 14151 251,409 Restrlcted funds Orchard fund 14151 415 Endowm•nt funds Endowed Capltal fund 8,514,658 9SO,7S7 9,465,415 TOTAL FUNDS 8,856,219 860,605 9,716.824 Pa8e 31 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORAMNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL sfATEMENTS- contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 21. MOVEMENT IN FUNDS- contlnued Comparatlve net movement in funds. included in the above are as follows.. Incoming resources Resources expended Galn5 and 105ses Movemènt In fund5 Unrestrlrted fund5 General fund Blodlversity fund 404,645 1499,7211 18581 6,197 188,8791 8581 404,645 1500,5791 6,197 189,7371 Restrlcted funds Solihull WellbeSng & Recovery fund Elderly Lunch Club & Coffee Mornin8 fund Improving Disabled Access fund Orchard fund 3,333 7,500 4,000 14,039 13,3331 17,5001 14,CNJOI 114,4541 14151 28,872 129.2871 14151 Endowment funds Endowed Capltsl lund 34,760 915,997 9SO,757 TOTAL FUNDS 468,277 1529,8661 922,194 860,605 Page 32 tontinued...
GEORGE FENThAM HAMFfoN IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDEO 31 DECEMBER 2024 21. MOVEMENT IN FUNDS- continued A current year 12 months and Prlor year 12 months comblned position 15 as follows.. Net rnovement in funds Transfers between funds At 31.12.24 At 1.1.23 Unrestrlrted fund5 General fund Maintenance and Repairs fund Blodlverslty fund 41,942 228,500 71,119 146,6811 74,585 175.0001 69,846 153,51X) 68,219 12,91JJl 341,561 149,5811 14151 291,565 R•strlct•d fundi Improving Dlsabled Access fund Orchard fund Permisslve Footpath fund Elderly Support Worker fund 6,185 14151 678 27 6,185 415 678 27 6,475 415 6,890 Endowm•nt fundi Endowed Capltal fund 8,S14,658 1,040,487 9,555.145 TOTAL FUNOS 8,8S6,219 997.381 9,853,600 Page 33 continued..
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHAAITY NOTESTO TlE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENOED 31 DECEMBER 2024 21. MOVEMENT IN FUNDS- contlnued A current Year 12 months and prlor year 12 months combined net movement in fund5, included in the above are as follow5.. Incomln8 resources Resources expended Gains and losses Movement In fund5 Unrestricted funds General fund Biodiverslty fund 841,273 1901.7941 12.9001 13,840 146,6811 12,9001 841,273 1904,6941 13.840 49,5811 Restrlct•d lund5 Solihull Wellbelng & Rècovery fund Elderly Lunch Club & Coffee Mornlt)g fund Improving Dlsabled Acce55 fund Orchard fund Permlsslve Footpath fund Elderly Support Worker fund 3,333 7,51JJ 18,162 14.039 2.460 3.000 13,3331 17,5001 111,9771 114,4541 11,7821 12,9731 6,185 14151 678 27 48.494 142,0191 6,475 Endowm•nt lunds Endowed Capltal fund 34,760 1,005,727 1,040,487 TOTAL FUNDS 924.527 1946,7131 1,019,567 997,381 Purpos* ol Unr•strlct•d Funds General fynd Thls fund repre5ent5 the free hjnds ol the charlty that are not deslgnated for particular purposes. Purpose of Deslgnat•d Funds Maintenance and Re airs fund The trustee5 have established this designated fund for the purpose of provldlnÉ for general. malntenance and extraordinary repa5rs concernlng thè charity's almshouses and other property belonging to the charity. 8iodlverslr fun The trusteeg have èstablished this desSgnated fvnd for the purpose of malntalnlng a wlldflower meadow in Harnpton-in-Arden. Purpose ol Restrtcted Funds Sollhu Wellbein & Recove fund This fund represents funding obtained by the charity from the Heart of England Communlty Foundatlon In partnership with Solihull Metropolitan Borough Council in order to support ideas and proposals which will contribute to the community response in Hampton-In-ArdÈn to Covid-19 and the Subsequent recovery from Covid-19. Thls fund was fully expended as at 31 Dècember 2023. Page 34 continued...
GEORGE FENTHAM HAMPTON 114 ARDEN CHARITY INCORPORATING GEORGE FENTHAM HAMPTON IN ARDEN ENDOWEO CHARITY NOTES TO THE FINANCIAL STATEMENTS- cofttlnued FOR THE YEAR ENDEO 31 DECEMBER 2024 21. MOVEMENT IN FUNDS- contlnued Elderl Lunch Clb and Coffee Mornin fund This fund represents fundlng obtained by the charlty from ihe National Lottery Community Fund to enable the provision of a lunch and ¢offee group for older people living in Hampton-In-Arden. Th15 fund was fully expended as at 31 December 2023. Im rovl Disabled A ss fund This fund represent5 fundin8 obtained by the charlty from the 8ru¢e Wake Charltable Trust and from the Rowlands Trust durln& the year ended 31 December 2023 and from the National Lottery Communlty Fund durlng the year ended 31 December 2024 to enable the improvement of dlsabled access to the charfty's Fentham Hall, Orchard fund This fund represents fundin8 obtalned by the charlty from Groundwork UK to enable the ¢harlty to create an orchard. Thls fund was fully expended as at 31 Dember 2023. rmlsslve Foot èth fun This fund represents lundin8 obtalned by the charlty from Natlonal Hl8hways to enable the constructi¢n of a permi551ve footpath. ort Work fund This fund represents funding obtalned by the charity from The 29th May 1961 Charity a5 a contrlbution towards the flnancin8 of the salary costs of an Elderly SLSPPOrt Worker employed by the charltv. Purpose of Endowed Funds wed Ca This fund represents the hlstorlc endowed capltal a5 amended for the revaluatlon of investmènts, the Income from whlch Ss taken to the General fund. 22. EMPLOYEE BENEFIT OBLIGATIONS The charlty contrlbute5 to the IndSvldual penslon plan5 of certain employees. The asset5 of thèse s¢hemes are held separately trom those of the charity In independently admlni5tered fund5. Thè total contribution5 for the year amounted to £2,084 12023.. £1,901) and outstsndSng contrlbutlons as at 31 December 2024 amountèd to £14812023.. £nill. Page 35 continued...
GEORGE FENTHAM HAMPTON IN ARDEN CHARITY IfrJCORPORATING GEORGE FENTHAM HAMPTON IN ARDEP4 ENDOWED CHARITY NOTES TO THE FINANCIAL STATEMENTS- ¢onfinued FOR THE YEAR ENDED 31 DECEMBER 2024 23. RELATEO PARTY DISCLOSURES Gèorge Fentham Hampton In Arden Endowed Charlty The George Fentham Hampton in Arden Charity is connected with an unincorporated charlty C311ed the Geofge Fentham Hampton in Arden Endowed Charity (registered number 2264921. Under a Charity Commission unitlng direction these financial statements Incorporate the transactions of both charlties. Both charities are admlnistered by the same set of trusteos. Educatlonal Foundatlon of Georie Fentham The George Fentham Hampton in Arden Charitv 15 3150 connected wSth the Edu¢atlonal Foundatlon of Geor8e Fentham Ifegistered number 5288161 with both charities belng admlnlstered by the same set of trustee5. Durlng the year ènded 31 December 2024 the GeoT8e Fentham Hampton in Arden Charity made 8rant5 totalllng £70,82712023.. £66,OLJJI to the Educational Foundation of George Fentham. It also supported the Foundation with scholarship awards to Indlvldua15 and made payments dlrertty to the beneficlarles. As at 31 December 2024, Included wlth5n other creditors fallin8 due within one year, Is £135,62912023: £108,961) due from the George Fentham Hampton In Arden Charity to the Edutstional Foundatlon ol George Fentham. Famlly Care Trust Mr D Adams, a trustee of the George Fentham Hampton In Arden Charlty, also serves as a member of senior mana8em*nt at Famlly Care Trust. a ¢harlty Incorporated In England and Wales (company number 2982937, charitv number 10450251. Durlng the year ended 31 December 2023 servlces totalllng £12012023.. £601 were supplled by the George Fentham Hampton in Arden Charlty to Family Care Trust. Cameron Grant Memorlal Trust Mrs C A Grant, a trustee of the Geor8e Fentham Hampton in Arden Charity, also serves as a iru5tee of the Cameron Grant Memorlal Trust. a charlty re815tered in England and Wales (registered numbèr 11672211. Durin8 the year ended 31 December 2024 seNlces totallin8 £27012023.. £2501 were supplled by the George Fentharn Hampton In Arden Charity to the Cameron Grant Mernorlal Trust. c0ClI10r A Roll During the year ended 31 December 2024 tran53Ctions occurred between the Geor6e Fentham Hampton in Arden Charity and close farnily members of Counciller A Rolf, a trustee of the Geor8e Fentham Hampton in Arden Charltv. Remunerati Durlng the year ended 310ecember 2024 close family members ol Councillor A Rolf received remiJneratSon from the George Fentham Hampton in Arden Charity totalllng £1,58712023.' £1,332). Scholarshi rant During the year ended 31 Decembèr 2024 c105e famlly member50f Councillor A Rolf were awarded scholarship granl5 from the George Fentham Hampton in Arden Charlty tot311ing £25012023.. £2SOI. Amounts due to trustees Page 36 continued...
GEORGE FENTHAM HAMrn IN ARDEN CHARITY INCORPORATrNG GEORGE FENTHAM HAMPTON IN ARDEN ENDOWED CHARITY NOTE5 TO THE FINANCIAL sfATEMENTS- ¢ontlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 23. RELATED PARTY OISCLOSURES- contlnued Included within trade creditOT5 as at 31 December 202415 a Sum totallin8 £43812023: £nill due to Mrs C A Grant. trustee of the George Fentham Hampton in Arden Char4ty, 24. OPERATING LEASE COMMIThIETrtrs- LESSOR At 31 December 2024 the charity had contracted wlth tenants future minlmum lease payments under non-cancellable operating leases as follows. 2024 2023 withln one year Between two and five years In more than five years 77,787 323,428 385,405 77,787 319,157 467,283 786.440 864,227 Page 37