REGISTERED COMPANY NUMBER: 06624300 (England and Wales) REGisfERED CHARITY NUMBER: 1126024 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL sTATEmEs FOR THE YEAR ENDED 31ST MARCH 2024 FOR CARISBROOKE PRIORY TRUST COMPANY LIMITED Harrison Black Limited East Quay Kite Hill W(ttOn Bridge Isle of Wight P033 4LA
CARISBROOKE PRIORY TRUST COMPANY LItTED CONTEKfs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 Report of the Trnstees Independent ExAmlnerf8 Report Statement of FIDandal Aed Balan¢e Sheet 8 to 9 Notes to the Flnanelal Ststements 10 to 17 Detaued Statement of FlnaDdal AcdTrld 18 to 19
CARISBR(K)KE PRIORY TRUST COMPANY LIMITED REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The trustees who are also directOTS of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 3 1st March 2024. The trustees have adopted the provisions of Accounting and Reporting by Cljarities: Statement of Recommended Practice applicabl¢ to charities preparing their accounts in accothce with the Financial Reporting Stsndard applicable in the UK and Rq>ublic of Ireland (FRS 102) (effective l January 2019). OWECTIVES AND ATIEs In carrying out the Chariws aims. Carisbr(M)ke Priory {'the Priory") has paid due regard to the Charity Commission guidance on public benefit and ensures that its ObJtiVeS are carried (t in a¢¢ordanc¢ with the guidance. The Charity's objectives are as set out in the Memornndum of Association and ar¢ as follows: l. To relieve and prevent sickDess and distrus by the provision of prnyer, advice, listenin& food and other services as part of the healing ministy of the Christian Church. 2. To advance the Christian religfton, in particular by, but not limited to, the holding of prayer meetings, lecture8, public celebration of religious festivals and producin8 anor distributing literature to enlighten others. People visit the Priory for various re&son& some 8eeking help, others simply to look around the Victorian house and gath, and increasingly many to use th¢ Tea Room. Special interest groups me¢L while ¢xt¢rnal or8anisation8 can hire rooms. For whatever people visit the Priory. we ende&vour to offer a warni welcome, hospitality and support. The Priory is linked with Acorn Christian Healing Foundation and Christian Healing U.K., and is a member of the Quiet Garden Movement. The Shop offers a range of book8 and other gifts, most of whith have been donated. The Special interest groups include Art and Poety. Therapeutic volunteering atlra¢ted people who are 8eekin8 to rebuild their lives after experiencing trauma or mentsl challenges. A service of Christian w0ry6hip has traditionally been held weekly, with speakers drnwn from the full ¢xt¢Dt of th¢ Island's Christian L7)tnmunity. Since March 2018, the Salvation Arniy has leased the first floor and, later in 2018. the second floor of the North Block to accommodate people on the journey out of homele8snes& Residents are cared for by the Salvation Arn]y, but encournged to enga8e with Priory activities. Page I
CARISBROOKE PRIORY TRUST COMPANY LIMrrED REPORT OF THE TRusfEES FOR THE YEARENDED 31ST MARCH 2024 ACHvEmENT AND PERFORMANCE As a recognised Safe Place. Carisbrooke Priory continues to xhieve a very positive balance between attracting people to our thriving Tea Rooln and maintsining the much-valued sense of peace which come we beli¢vq from an historic and continuing tnst ID G(Kt From its beginnings in 1992. the Current approacb is particularly relevant to the mentsl health crisis that is being wer1Ced across the Isle of WighL We are actively developing stronger links with a rwnised national awistian ministy that is promoting mental well1x1 in partn¢rship with like-minded churches and ministrits the Isle of WighL Recorded VASitor nrnbe in 2023 set a new T¢[d of over I 1.000. wnpared with just over 4.000 in 2014, the first full year of the Tea Room bein8 open. The Salvation ArrnS homelessness provision has increased to a maximum of eighteen through the refiwbishment of two fiffther rooms. The completion of a new, a]l-encompassing l¢as¢ (which includes an annual review of the fair rent that h&s been ad) bas been held up to the ned for repairs to the windows, but funding for the work is being soughL Wight Biodiversity, which has a le on the refurbished Ground Floor FlaL is developing its offer and workin8 with the Triory to celebrate the beautiful walled gardens. The range of meeting spaces attracts groups to use for awaydays. creative tiVitieS and the like (some by the Priory), along with the Quiet Rooms that are particularly valued by iDdividuals. There are frequent art (and craft) exhibitions in the Cloisler and, where appropriate, Ier rooms. Christian healing prayer ministy and listening have CODtinu¢d to figure on an Oc810[[ basis. Some of the volunteering is therapeutic. through self or agency refenxls. Door Worship remai on a monthly b&sis, exploring healing them&s. This is appreciated by those who attend and sits well with th¢ wider Work of Connected Christian ministries across the Isle of Wighi. N(x)D Prayers are held whenever possible on Tuesdays. Wednesdays and Fridays. InterCery prayer is offered in person, over the telephone. by email exchange and through Prayer Cards. The beauty of the gardens and buildin& and the pce that visitors feel, contimie to dominate comments in the Visitor BOOK alongsid¢ significant appreciation of the quality and attnoSphe of the Tea RoonL "Talk and touff OCC&8iODS unfold the Pri0$ rich bistory ond demonstrat¢ the continuity rw¢sented by aspe¢ts of th¢ Current ministy. Discu&8ions continue with like-mind IslaNI ministries to identify areas of resOUe Sh&7 including bidding for grants. Windows are an immediale priority (see also above). The Toof has suffered during in¢tea5ingly fyuent storm& hence another focus for estimts and wt bids will be phased re-roofing. lkn is also the prospect of refirbiSh8 our sttond kitchen to provide a training flIlty for residents and visiting Ups. Volunteers support a small team of p8rt4ime Staff to maintsin the Priorfs Y)Fn Doof, three days every week, &8 well as for monthly Door Worship and oc(a8ional events and church group hosting on Saturday& All who thus serve ate greatly apprecia1 as aff those who donat¢ money and regularly pray for Ihe wo. The Tntstees Continue to Ix mindful of Health and Safety and Safeguarding requirements in respect of Staff, Volunteers. Visitors and Residen and the T8 polici are subject to regular review.
CARISBR(IOKE PRIORY TRU COMPANY LIMrfED REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31sr MARCH 2024 FANC REEw Flnanclal posltion The atLlled financial statements slK>W the state of the CoMpanS finall¢ as at 3 1st March 2024. The total incoming resou for the year n[All to £159,823 (2023 - £188.134), while total resou expended amounted to £163.905 (2023 - £137,913). This resulted in a net deficit of £A,082 {2023 surplus £50221). Totsl fimds as al 31 March 2023 are £362.159 {2023 - £366241). Prtnclpal fundlng sources The CIMrity's principal sources of filllg wtre thnations and legxies, trading Ancome from the shop and sundry sales, and investment income in the forni of rents rer2iv&l as deta11 in the Statement of Financial Activities. All income is utilised to fiwncc the Obits of the Charity. &s set out in Objectives and Activities above. Reserves polky The charity does not have a fornd reserves lIcY in place. The tnts meet on a regular basis to decide how surplus funds should be allocated for Ik benefit of the charity and the community as a whole. The free reserves of the charity. the unrestricted which are not Included in fixed &8sets. amount to £59.058 (2023 - £63.750). The Trustees consider that these reserves both aduate and necessary to continue the work of the Charity. Going concern After making appropriate enquirie4 the Trustees have a reasonable ¢xp¢ctation that the charitable company h&8 adequate resources to continue in operational existence for the foreseeabk futu For this reason. they COntim to adopt the going concern basis in preparmg the financial statementi Further details regarding the adoption of tbe going concan basis can IE foutha in the accounling policies. Governing do¢ument The Charity is controlled by its Governing [kmtht and constitutes a Limited Company. limited by guarantee. as defined by the Companies Act 2(kn5. The Charity was establish1 in April 1993 and S( allerward8 Purch the freehold of the fornier St. Dominic's Priory, home to a Catholic community of Dorninican nuns that w&s established in 1866 and vacated in 1989. In June 2008, the Carisbrooke Priory TTr Company Limited (Regis Office: 39 Svhitwmbe Road, NewporL Isle of Wigh( P030 IYS) w&s itkCOtp(Kated under the Companies Act 1985 a5 a Private Limited Company with seven Director4 all of whom wete elected Trustees. The assets and liabilities of the Carisbrooke Priory TnLSt were trasferred into this company. Each memt*r of the Company agrees contribute £10 in the event of the clwity being Woun.
CARISBROOKE PIUORY TRUST COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 STRUCTURE, GOVERNANCE AND fvNAGEMENT During the financial year ended 31st March 2024. the Company continued to employ (part-time) an Administratorlcompany Secretary, a House Manager and two Tea Room Assistants. There is an out-of-hours Caretsker, who lives under licence on the premises, rent free in return for fulfilling th¢ cardaking role. The self-employed Finance Officer Step[ down in the Autumn of 2022 and w&$ replaced by a part4ime appointm¢nL The Priory opened to the public fiDm 101)0 to 16:00 on Tuesdays, Wethiesdays and Fridays. In addition, Open Door WoT5hip took place at noon in the Chapel on the rst Thursday of each month. exploring healing themes in line with the Charity's objectives. The only weekend opening to the public was to support Walk the Wight. an annual one day fundraiser for the local hospice. ThC evening events that were Op to the public were held: the annual Dominican rn, a concert and a carol service. A fifth Tnte¢ w&8 recruited to the Board at the beginnin8 of the financial year. All of the Trust¢as express grntitude for the efforts and ¢ommitm¢nt from the Volunt¢ffS, without whom the Priory ¢ould not operate. REFERENCE AND ADlkllMSTrATIVE DETAILS Reg15tered Company number 06624300 (England and Wales) Regl$tered Charlty number 1126024 Reglstered offl¢e 39 Whitcombe Road Newport Isle of Wight P030 IYS Trustees A D Wells R J White The Revd J R Cook Mrs G C Gardner The Revd H J Monaghan (res1Cd 19.4.23) Mtss G Kerr (appointed 4.7.23) Company Se¢retary Mr5 M White Independent Examlner Elizabeth Dack FCA FCCA Harrison Black Limit East Quay Kite Hill Wootton Bridge Isle of Wight P033 4LA Page 4
CARISBROOKE PIUORY TRUST COMPANY LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 Approved by orderof the board offntee$ on Sied on its behalf by: R J White- Trnstee Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CARISBROOKE PRIORY TRUST COMPANY LIMITED Independent examlner's report to the trustees of carisbr(ke Prlory Trnst CompAny Limited ('the CompAny I report to the charity trustees on my examination of the accounts of the Company for th¢ year ended 3 1st March 2024. Rejponslblllths and basls of report As the charitys triistees of the Company (and also its directors for the purposes of Company law) you are responsible for the pryaration of the accounts in accordance with the requirements of the Compani¢s Act 2006 ('th¢ 2006 ACV). 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, l Teport in respect of my examination of your charitys accounts &8 Carri oul under Section 145 of the Charities Act 2011 Cthe 2011 A¢V). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examlner's statement I have completed my examination. l Confirn) that no matters have come to my attention in conntion with the examination giving me uSe to believe: accountin8 rd3 wer¢ not kept in respect of the Company a8 required by Section 386 of th¢ 2006 the accounts do not accord with those record8; or the accounts 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 con8idernl as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial ReEK•rting Standard 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 examination to which attention should be drawn in this report in order to enable a proper undet3tandin8 of the accounts to be reached. Elizabeth Dack FCA FCCA Hatrison Black Litnited East Quay Kite Hill Wootton Bridge Isle of Wight P033 4LA Page 6
CAIUSBROOKE PIUORY TRUST COMPANY LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AYL D EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31sr MARCH 2024 2024 Totsl funds 2023 Totsl funds Unrestricted Restricted Notes INCOME AND ENDOWMENTS FROM DonatioDS and legacies 23288 23288 68,917 Other trading activities Investment income Other income 62.824 6&413 5298 62.824 6&413 55.994 159023 IS923 188.134 EXPENDITURE ON Raising funds 47J30 47J30 42,148 Charltable aetmtks Providing support for depress&l distressed and lon¢ly people through prayer, support and the provision of food aud sheller. 111491 11I575 95,765 Total 163021 163905 137,913 NET INCOMEI(EXPENDITURE) (3,998) {84) (4,082) 50221 RECONCILIATION OF FUNDS Total fill brought forward 359,905 6J36 366341 316,020 TOTAL FUNDS CARlItED FORWARD 355,907 6352 362,159 366241 The notes forn] part of these financia] statcments Page 7
CARISBROOKE PRIORY TRUST COMPANY LIMrfED BALANCE SHEET 31ST MARCH 2024 2024 2023 funds FIXED ASSETS Tangible assets 336 297,185 296575 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 10 li 376 317111 51.461 376 31710 57J77 407 15.435 73,406 5,916 S916 463 89248 CREDoRs Amounts falling within one y 12 (2S489) (2489) (19,582) NET CURRENT A&SETS 59,058 &916 61974 69.666 TOTAL ASSETS LESS CURRENr 355,9ffl 362,159 366241 NET ASSETS 355.907 6352 362,159 366241 FUNDS Unrestricted funds Restricted funds 13 359.905 6.336 TOTAL FUNDS 362.159 366241 The charitsble company is entided to exernpti fr(Kn audit under Section 477 of the Companies Act 2006 for the year ended 3 Ist March 2024. The members hav¢ not required the company to obtsin an audit of its financial statements for the ye4r ended 3 1st March 2024 in accord with Section 476 of the Companies Act 2006. The trustees acknowledge their respobilItieS for (a) ensur1 that the clwitable company k4K8 acCoUg recorth that comply with SectioL8 386 and 387 of th¢ Companies Act 2(M)6 and (b) preparing financial atements wbith give a true and fair view of the state of affairs of tk charitable company as at the end of each financial year and of its swplus or deficit for eath financial year in accordance with the requi of Sections 394 and 395 and which otIKThVi comply with the requirements of the Companies Act 2006 relating to financial SweMen so far &8 applicable to the charitsble mpanY. The notes forni part of these financial statffn¢nts continued...
CARISBROOKE PRIORY TRUST COMPANY LIMrrED BALANCE SHEET- continued 31ST MARCH 2024 financial statements have been prepared in accordanc£ with the provisions applicable to ch8ritsble companles subject lo the small mI)9n1@s regim cial statements were approved by the Board of Tntstees and authorised for issue on and were sI¢d on its behlf by: R J White- Trustee GC The notes fom] part of these financial statements
CARISBROOKE PIUORY TRUST COMPANY LIMfTED IYOTES TO THE ANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 STATUTORY INFORMATION Cari5brook¢ Priory Trust Company Limited is a charitable company, limited by guarantee, registered in England and Wales. The company's registe1 number and registered office can be found on the Company infornmtion page. ACCOUNfiNG POLICIES Basls of preparlng the flnandal statements The financial statements of the charitable company, which is a public benefit tity under FRS 102, have been pryred in cOrdanCe with the Charities SORP (FRS 102) 'A¢counting and Reporting by Charities: Statement of 0MMended Practice applicable lo charities preparing their accounts in accoftknce with the Financial Reporting Standard applicable in the UK and Republic of Ireland ffRS 102) {efftIV¢ l January 2019),, Financial Rep)rting Standard I02 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial stalements have been prq)ared under the historical cost Convention. Income All income is recognised in the Statement of Financial Activities once the charity h&8 entitlement to the funds, it is probable that the income will Ix received and the amount can be measured reliably. IL8w incorne is oUnted for upon receipt. ExpeDdlture Liabilities are recognised as expenditure as soon as there is a legal or conslTUCtive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will Ix required in settlement and the amount of the obligation Call be measured reliably. Expenditure is accounted for on an accruals basis and has been classifid under headings that a88re8aie all cost related to the category. Where costs cannot be directly attributed to particular headin8s they have been allocated to activities on a basis consistent with the use of resources. Tanglble fixed a88ets DeprKiation is provided at the following annual rates in order to ThTite off each asset over its estimated useful life. Freehold property Property In]provements Plant and machinery Fixtures and fittings Ioh on cost 20/0 Oll Cost 200/0 on ttducing balance 21P/o on reducing balance Freehold land is not depreciated. Tangible red assets co]ng less than £1,000 are not capitalised. Stoeks Stocks are valued at the lower of cost and net Tealisable value, after making due allowance for obsolete and slow moving items. Taxallon The charity is exempt fiDm corporation tax on its charitable activities. Page 10 continued...
CARISBROOKE PRIORY TRUST COMPANY LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNfiNG POLICILS- contlnued Fund aeeounthig unstriCted funds can be used in aordanCe with the cbarithble Objecti at the discretion of the Restricted funds Can only be used for particular restricted purposes within the objects of th¢ charity. Restrictions arise whffl sp¢cifieAI by th¢ donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial 2024 2023 Ca*ring sales Shop income 59J06 3,518 51J88 4.606 62024 55,994 VESTMENT COmE 2024 2023 Rents received Bank interest 67.170 1343 59,763 237 6&413 60,000 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after chargingJ(crediting): 2024 2023 Deprecialion. owned a&sets S618 5.525 Pagell continud...
CAIUSBROOKE PRIORY TRUST COMPANY LllkUTED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED31ST MARCH 2024 TRUSTEES, REMUNERATION AND BENEFrrs There were no Inistees, remuneration or other benefits for the yw ended 3 1st Marth 2024 nor for the year ended 3 1st March 2023. Tru$teeg' expenses There were no ttiistees, expenses paid for the year ended 31st March 2024 nor for the year ended 3 1st March 2023. STA COSTS The average monthly number of employees durin8 the year wgs as follows: 2024 2023 Charitable activities No employees received emoluments in excess of £60,0(XI. COMPARATIVES FOR THE STATEMENT OF FII¥ANCIAL ACTIVITIES UmEstricted Restricted fimds Total INCOME AND ENDOWMEKfs FROM Donations and legacies 68,917 68,917 Other trading activities Investment income 55,994 60.000 3,223 55,994 3.223 Total 188,134 188,134 EXPENDITURE ON Raising fund8 42,148 42,148 Charltsble actlthes Providing supprt for depresse distressed and lonely peopl¢ through prayer. support and the provision of food and shelter. 95.661 95,765 Total 137,809 137,913 NET INCOMEI(EXPENDITURE) 50.325 (104} 50.221 Page 12 ntInu...
CARISBROOKE PIUORY TRUST COMPANY LIMITED NOTES TO THE FINANCtAL STATEMENTS. contlnued FOR THE YEAR ENDED 31ST MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTJES. eontlnued Unrestricted Restricted fimds Total RECONCILIATION OF FUNDS Total fimds brought forward 309,580 316,020 TOTAL FUNDS CARRIED FORWARD 359,905 6,336 366,241 TANGIBLE FIXED A&SETS Freehold PToperty Freehold Propety Land Improvements COST At I st April 2023 Additions 205,109 50,000 IOIJ59 At 31 st March 2024 205,109 IOlJ59 DEPRECIATION At I st April 2023 Charge for year 14J59 2,051 51 J13 2,027 At 3 1st Mah 2024 11410 53J40 NET BOOK VALUE At 31 st March 2024 IW699 so.000 019 At 3 1st March 2023 190.750 50,000 50,046 Page 13 continued..
CARISBROOKE PIUORY TRU COMPANY LINfrrED NOTES TO TIIE NANCIAL ATEMEM5- conllnmed FOR THE YEAR ENDED 31ST K4RCH 2024 TANGIBLE FIXED ASSETS- CODthiued Fixtures Plant and Computer uipment Totals COST At I st April 2023 Additions 41,636 31752 5.740 938 431.794 At 3 1st March 2024 41124 38,492 938 43&022 DEPRECIATION At 1st April 2023 Charge for year 602 704 30,104 817 13S219 5.618 19 At 31st March 2024 39J06 30921 140037 NET BOOK VALUE At 3 1st March 2024 2018 771 297.185 At 3 Ist March 2023 3.034 97 296,575 10. STOCKS 2024 2023 Siocks 376 407 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade deknrs Prepayments 19,740 11970 2,211 13,224 31710 15.435 Page 14 continue4L..
CARISBROOKE PIUORY TRUST COMPANY LIMITED NOTES TO THE FINANCIAL sfATEMEKfs- Continued FOR THE YEAR ENDED 31ST MARCH 2024 12. 2024 2023 Trade credito Social security aThl other tsxes IA057 213 9219 9.245 35 10,302 25,489 19,582 13. MOVEMENT IN FUNDS Net movement in funds At 31.3.24 At 1.423 Unre8tsacted funds General fund 359,905 (3,998) 355.907 Restrlcled funds Flat Appeal 6J36 (84) 6252 TOTAL FUNDS {4,082) 362,159 Net mov¢m¢nt in funds. inclthd in the above I as folk)ws: Incoming Resourcu Movement exped in fimds Unrestrl¢ted funds General fund l59J23 (163*21) (3.998) Restrlcled funds Flat Appeal (84) (84) TOTAL FUNDS 159023 (163.905) (4082) Page 15
CARISBROOKE PRIORY TRusf COMPANY LIMrrED NOTES TO THE FINANCIAL sfATEMENTS. tontinued FOR THE YEAR ENDED 31ST MARCH 2024 13. MOVEMENf IN FUNDS. eonthiued Comparatlves for movement ID funds Net movanent At 31.323 At 1.422 Unrestslcted funds Genernl fimd 309,580 50325 359.905 Restrlcted funds Flat AP41 (104) 6.336 TOTAL FUNDS 316.020 50221 366241 Comparative net movement in funds included in the above a &8 follows: Incoming Resources Movement expended in funds Unrestricted funds General fimd 188.134 (137.809) 50.325 Restrfcted funds Flat Appeal (104) (104) TOTAL FUNDS 188.134 {137.913) 50,221 A current year 12 months and prior year 12 monts combin1 position 1$ as follows: Net movement At 31.3.24 At 1.422 Unrestrlcted funds 309580 46J27 355.907 Restricted fuDd Flat Appeal (188) 6.252 TOTAL FUNDS 316.020 46.139 362,159 Page 16
CARISBROOKE PRIORY TRUST COMPANY LIMITED NOTES TO ThE ANCIAL STATEMENTS- ¢ontinued FOR THE YEAR ENDED 31ST MARCH 2024 13. MOVEMENT IN FUNDS. eonthiued A cumt year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Inwming Resource5 Movement resources expended ID funits Unmtrlcted fund8 General fimd 347,957 (301,630) 46.327 Re8trltted funds Flat Appeal (188) (188) TOTAL FUNDS 347,957 (301.818) 46.139 14. RELATED PARTY DISCLOSURES TheTr were no related party transacttons ftlr the year ended 3 1st March 2024. IS. PURPOSE OF RESTRICTED FUNDS FIAt Appeal Fund This fimd was created in 2011 and is specifically for the development of the 8round floor fiat which is currently uninhabitable. Page 17
cABRooKE PRIORY TRUST COMPANY LIMITED DETAILED STATEMENf OF FINANCIAL ACTIVITIES FOR THE YEAR EIYDED 31ST MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legades Donatio$ Gift aid Legacies 19 3W8 23,067 3,619 42,231 23388 68,917 Other tradlng acdvltleg Cateiing sales Shop income 59J06 318 51,388 62024 55,994 Investment Ineome Rents received Bank interest 67,170 1243 59.763 237 6&413 60,000 Other Income Other sales 5298 3223 Total Incomlng re90urces 159,823 188,134 EXPENDITURE Otber tra¢llng Acdvldes Cost of catering sales Cost of general sales Wag¢s 20,418 17.876 1,628 22,644 2&064 47J30 42,148 Charltable acdvltles Wages Rates and water Insurance Light and heat cTied forward 29,750 5,992 11380 35862 82,484 25,070 6.957 11,097 26.759 69,883 This page doe5 not forni part of th¢ statutory financial stst¢m¢nts Page 18
CARISBROOKE PRIORY TRUST COMPANY LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 Charitable activities Brought forward Propety repairs and maintenance House keeping Subseriptions Freehold propety Tmprovements to propety depreciation Plant and machinery depreciation Fixtures and fittings depreciation Computer equipment 82,484 1&985 1,467 305 1051 2,027 704 817 20 69,883 I lJ88 1.486 390 2,051 2,027 758 662 24 108060 88,669 Support costs Ffinance Bank charges 1,180 1.114 Other Telephone Postsge and stationery Sundries Subscriptions 1,843 1,011 505 666 1,665 1,043 324 893 4,025 3,925 Governance costs Accountancy and legal fees Bookkeepin8 1510 950 1.107 1510 2,057 Total resources expended 163,905 137.913 Net (expendltureylncome (4,082) 50,221 This page does not forn] part of the statutory financial statements Page 19