Charity registration numb¢r.' 1143277
The Alexander and Caroline Simmons Trust
Annual Repon and Financial s￿lemen1$
for the Year End￿ 31 tkcemb¢r 2023

The Alexander Ydnd Caroline Simmons Trust
Contents (continued)
Reference and AdrninistrJtive Details
Trustees, Report
2103
S￿￿ment of Tru5tees' Responsibilities
Independent Examinevs Report
Statement of Financial Adivlties
Balance Sheet
Notes to the Financial Stsiernents
8t0 17

The Alexander and Caroline Simmons Trust
Reference and Administrative Details
Chair
Mrs K M Edgtnton
Trnstees
Nlr A R Brow
Mrs K M Edginton
MrPWKeThl
Bishop R J Milner
Bishop P Hill
1143177
Charity ReKi5tralion Tr*'umber
Principal Office
Abkj Cottage
AIN'erton
Nollingham
NGI.-I gPB
Indtpetsdtnt Examiner
RII'B CA Lirniwl
Nonhgaie House
North Gate
New Basford
Nottingham
NG7 7BQ
Page I

The AlexaDder and Caroline Simmons Trust
Truslees, Reporl
The injsiees present the annual report together ￿'1th the financial statements of the Charity. for the year ended J I
DeLember tiO)_I.
Objectii'es xnd g¢ti%'ities
Ubj¥ci.f ftinL%
Thc pritnarj objeilive of ihe charitv is the prol'ision of ￿0mmOdation for Fetired or disabled clerg)'men or
their widows and dependents or church work'crs or those impacied b>. rK>%'ens' ai the managing irusiee's
dJsLretion and to make gr*)ts to chI￿cheS to defra}. the c05t of repair or restoration.
Publi¢ benefii
The iTUSttts have L￿nSidered their obligat￿in5 under the Charities Act ?0 I I wilh respect to publi¢ benefjl. The
churches suP￿)rted Temained public place5 of Worship and ihus ihe irusitts belieNe ihew have iunlinued to
deliver beThefit to ihe public &s a whole.
The irusie¢s confim thai th<% haie Lomplied ￿1th Ihe re4uiremenis of 5¢clioTh 17 of the Charities Act 101 I to
have due iegJaTd tu the publiL knefit gujdance published bi the Chariti CorDrnission for England and Wales.
Achie%'enient$ and perforrnance
Th¢ Inioiiie of the Trust has increased 10 £80.212 1202?: £70.?961. There has been an increase In expenditure.
17.¥?8 120??: £60.014i. mainls. due io increased repairs Iliis y¢ar. .4fter mak"IDg transfer5 to reserves in
aLcordance wilh the Tnisi Deed ihere is a deficii of £?1.969 1?0:
surplus of £4)ii for ihe vear and an Incr¢as¢
Jn rnarkei %aliie of the Trnst's investm¢nts L(Trmpared *ith Ik¢rThber ?Ory• The CXFtCLg1ion for ?024 Is ihat
reiums ￿111 remajn StsiJL and anwwits ai'3ilabl¢ foi grants will be Similar to ?0?"
Fin4n¢i#l rei'ie
Ai _• l DeLember ?O?l unr¢siri¢i¢d r¢s¢rves w¢r¢ £539.i55 1?01?: £5?6.4171.Whilst rK) fomial d¢si&yn¥¢ions
hav¢ be¢n mad¢. £i77.0151?02?: £j:6.9611 of re5¢rves is held within tnvesimenis for generning Jnrom¢ whilst
nel assets btine negative of £?0.6001?0fj2.. £16.5 561.
After pa)'yneTht of oulstsnding crediEors this approxima￿ w slightlv nK)rc than one year s eX￿nditure on
suppL)II L0515 in a norn)al Jear. .4s the irusiees th) rM)i ￿[￿)￿ In diJnre ihe level of grdni applications it is felt
Ihai this Is a pwd¢nt l¢N'el of re5eTres lo hold in order io mtti futur¢ 4rani requ¢sts. To eThsure the chariry ¢3n
meet Ils d¢v¢ltspm¢nt aims and objectives the tnjstees will ￿Th￿seSS the reset¥'¢s ￿lI¢V on an annual b25ig.
Pvlia. OK re5eri'es
Th¢ Iwsiees have ¢on5idered the reserves held by the chan'ty at 31 Decemb¢r 20?-
The charitv needs reserves to enabl¢ li to deN'¢lop its long tern aim& as well as ensuring the rontinuation of its
iurrent &lt¥iiies. In order iu meet their reswnsibililies and to ensure ihai the chartry ¢oniinues to operdte on a
going ionL¢rn basis ihe trnstees have rewiew¥d the requirements and risks laced by ¢harilv in both ihe short
aiid mediuni rerni.
Strutture. guiern#nrt aNd Thanagement
AppliLaiion io the Chariti Cornmissioner5 w&s graThied with full re4istrnion 5 July 201 l. The regisirntion
rLfLrenLe number Is 1143?77.
Page 2

The Alexander and Caroline Simmons Trust
Trustees, Report (continued)
Major risks andmttnuiemeni ofihose rxsks
The iNsiees have examined the principal ar¢&s of the chariry's operdiion and considered the major risks faced in
each of ihese areas. In the opinion of the tru51ee5 lh¢ ¢haritv has ¢siablish¢d resources and revieM' sysiem which,
under natural conditions, should allow th¢s¢ risks w be miiigaied w an accepied level in its day io day
operation5.
The annual report was approved by the trustees of the Charity on 4 March 2024 and signed on its behalf by".
Mrs K M Ldgi
on
Chair and inJsi¢¢
Page 3

The Alexander and Caroline Simmons Trnst
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the mLsiees' report and ihe fjnancial 51ateTnents in ac¢ordance with the
United Kingdom Accouniing Standards (unl￿d Kingdotn Generally Accepted Accouniing Practice) and
applicable la￿ and regulations.
The law applicable to charities requir¢s the trustees to prepare flnancial statements for each financial year which
give a true and fair view of ihe stale of affairs of the ChariThr and of the incoming resource5 and application of
resources ofrhe Charity for that period. In preparing rhese financial stsiernen(s. Ihe m15tees are required io..
select Suitable accounting policies ond then applv them consislenily.
observe the methods and principles in the Charities SORP-
make judgements and estimattt thai are reasonable and prudeni".
sraie whether applicable accounring standards have been followed. subject to any material d¢partures
disclosed and explained in ihe financial 51atemenis", and
prepare the f￿anCIal statements on the going concern basis unless it is inappropriate io presume that the
Charity will continue in business.
The tN51¢¢5 arc r¢5ponsible for keeping proper a¢counting records that disclose M'iih reasgnable aceuracs ai any
titne the financial position of the Charity. and enable them io ensure ihat the financial statements comply ￿1th
the Charities Act 2011. the Chariiies (Accounts and Reports) Regulations 2008, and the provisions of ihe
¢onstitution. The trustees are also responsible for safcguarding the assets of the Chariry and hence for taking
reasonable 5tep5 for the prevention and dereciion of fraud and other irre(pularitl¢5.
The rrnsiees are responsible for the maintenance and iniegriry of the corporate and financial infomialion
included on ihe charitable company's ￿ebSIle. Legislation governing the preparation and dissemination of
rinancial staiemenis may diff¢r frorn legislation in o(her jurisdiciions.
Approved by ihe trusiee5 of th¢ Charity on 4 March 2024 and signed on its behalf by=
Mrs K M Edgi
on
Chatr and trustee
Page 4

The Alexander and Caroline Simmons Trust
Independent Examiner's Report to the trustees of The Alexander and Caroline
Simmon5 Trus1
I ieport to the truste¢s on tny cxatninalion of the accounts of The Alexander and Caroline Simmons Trust for the
)'ear ¢nd¢d i l D¢c¢mber 202).
Respon5ibililit5 and basis of report
As the CharifN Itustee5 of The Alexander and Caroline Simmons Trust you are responsible for th¢ pr¢parntion of
the acco￿￿t5 in accordance wilh the requirements of th¢ Charities Act 2011 ('the Act,).
I report in respect of tny exarnination of the The Alexander and Caroline Simmons Tnjstts accounts carried out
undcr section 145 of the 2011 Aci and in ¢arrvin
out Tny examination I have followed all Ihe applicable
l)irccrions given by ihe Charity Commission und¢r scaion 145{5Xbl of Th¢ A¢¢.
Independent exgminer's statement
I hdTrC compleied my e.Kaminaiion. I confim) lh￿ no maierial matters have corne to my attention in connection
wilh the examination giving me caus¢ io b¢li¢ve that in anv nthteiial iespeci..
accounting record5 were noi kept in respeci of The Alexander and CarolÈne Simmons Trnsi as required by
section 130 of the Act: or
2. Ihe accounis do noi accord with those records- or
3. Ihe accounts do not cotnply with the accouniing requiremenis concerning the form and conteni of accounts
set oui in Lhe Charitie5 (Accounis and Repons) Regulation5 2008 other than any requiremeni ihai the
accounts give a 'true and fair view. whi¢h is not a rnaticr considered as part of an independent
exatninaiion.
I have no concerns and have come across no other matters in conneaion with the exarnination io which aneniion
should be draMTJ in this report in order to ¢nabl¢ a proper understanding of the accounts io be reached.
Neil Co
and FCA DChA
NOrthga￿ House
North Gate
New Basford
Notttngham
NG7 7BQ
4 Ma￿h 2024
Page 5

The Alexander aDd Caroline Simmons Trust
Statement of Financial Aetii'ities for the Year Ended 31 December 2023
Unresiricted
funds
Endov4ment
runds
Total
2023
Note
Income and Endowrnent5 from:
Investment income
80.212
80,212
Total income
80,212
80,212
Expenditure on:
Charirabl¢ activities
{97.8281
140,000)
1137,828
Total expendiiure
Gainsi'losses on investment assets
197.8281
34,887
140.0001
51.519
1137.8281
86,406
Nei income
Gross transfer5 between fi]nds
17.271
14,35i)
28.790
4.353
Other reeognised gain$ and loss
Other 8ain511055e5
1.394
1,394
Nei moyemeni in funds
12.918
17266
30.184
Reconciliation of funds
Toial ￿ndS brought forward
526.417
2.350.189
2,876.606
Total funds ca¥ried forward
539.335
2,i67,455
2,906.790
Unrestricted
funds
Endowment
funds
Totgl
2022
Note
Incorne Endowments from:
Investmeni income
70,296
70,296
Total income
70,296
70,296
Expenditure on:
Charitsble aciiviiies
(60,015)
160,015)
Total expenditure
Gainolosses on investment assets
{60.0151
{66.7631
160.0151
173,600)
(6,837)
Net expenditure
Gross transfers between fiEnds
156,4821
(9,8.$61
{6,837)
9.856
163,319)
Net movement in funds
166,3381
i.019
(03.3 191
Reconciliation of funds
Tot21 ￿ttdS brought fon¥ard
592,755
2.J47,170
2,939.925
Total fund5 carried forward
13
526,417
2.350,189
2.876.606
All of the Charity's activities derive from coniinuing operations during the above two periods.
The noies on page5 8 to 17 fomi an integral part of these financial statements.
Pag¢ 6

The Alexander and Caroline Simmons Trusl
{Re%istration nurnber: 1143277)
Balance Sheet as at 31 De¢ember 2023
2023
2022
Note
Fixed 455eis
Investsnents
2,927,390
2.860,070
Current ass¢t5
Debtors
10
976
36.199
160
53,293
Cash at bank and in hand
37.175
Si.453
Creditors: Arnount5 falling due wiihin one year
12
{57.7751
136.917)
let current Iliabilitie5Va5S¢ts
{20,600)
16,5i6
Net assets
2,906,790
2.876,606
Funds of th¢ Chari¢y:
Endowment fund$
2,367.455
2.350.189
Unrestricted income fund5
Unrestricted fiEnds
539,335
526.417
Total funds
13
2,906,790
2,876,606
The financial statemenis on pages 6 w 17 were approved by the tsus￿eS. and authorised for issue on 4 March
2024 and signed on their behalf by..
Mrs K M Edgin
Chairman and tru51ee
The note5 on pages 8 to 17 forni an In￿gra1 pan of these financial statements.
Pa8e 7

The Alexander and Caroline Simmons Trust
Notes to the Financial Statements for th¢ Year Ended 31 December 2023
l Aetouniing policies
Staternent of compllance
The financial statements have been prepared in accordance with the second ediiion of the Charities Siatemcnt of
Recommended Practice issued in October 2019. the Financial Reporting Swidard applicable in the United
Kingdom and Republic of Ireland {FRS 102) and the Chatilies Aci 2011.
Ba515 of preparation
The Alexander and Caroline Simmons Tn￿l mttts thc definiiion of a public benefit entity under FRS 102. The
accounts {financial statements) have been prepared under the hisiorical cost convention ￿'ith items r¢co(pni5ed at
cosi or trdnsaction value unless oiherwise Stated in the relevant notels} to these accounts.
Exemption frorn preparing 4 cash floTh' st3terntnt
The Carity The charity opted io early adopt Bulletin I published on 2 Febrnary 2016 and have therefore not
included o cash flow staternent in these financial statements.
Going concern
The trustees consider ihat Ihere are no material uncertainties about the Charitys ability to coniinue as a going
concern.
Income and endowments
Delerredincome
Deferred income repr¢5¢nts amounts received for futhre periods and is released io incoming resources in the
period for which. Li has been received.
Inveslmenl income
Interest on funds held on dep05kt is in¢lud¢d i%hen receivable and the amount can be measured reliably by the
charity,. this is nom)ally upon notifjcation of the interest paid or payable by the bank.
Dividends are recognised once the dividend has been declared and notification has been received of the dividend
due.
Rental incorne is recognised in the periLKI to which the Ictting relates.
Expertditure
All cxpcnditure 15 r¢¢ognised once there 15 a legal or construciive obligation io thai expenditure. it is probable
5ettletnent is required and rhe amouni can be measured reliably. All costs are allocated 10 the applicable
expenditure heading thai aggregaie similar costs 10 thai caiegorv. Where costs cannot be direcilv 3ttribllted to
partitular headings ihey have been allocated on a basis consisieni with rhe use of resources. wilh central statT
¢osts allocated on the basis of time spent, and depreciaiion charge5 all￿al¢d on the portion of the asset's use.
Oiher support Cosrs are allocated based on the spread of siaff costs.
Chariloble octivitie
Charitabl¢ expenditure Comprises those costs incurred by the Charity in ihe delivery of its actlVLties and services
for lis beneficiaries. It includes both cos(s thai can be allocated directly io such activiiies and those costs of an
indirect nature necessary to suppon them_
Page 8

The Alexander Ydnd Caroline Simmons Trust
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Gruftlprovisions
Provisions for granis are made wh¢n the inieniion io make a grdni has been comrnunic#t¢d to the recipieni bui
th¢re is uncertainty aboui either Ihe timing of thc grant or the amouni of grdni payabl¢.
Support costs
Support cosis include cenTrl fi]nctions and have been allocated to activity cosi ¢ategories on a basis consistent
with the use of resources, for example, alloC￿1ng property costs by floor areos, or per capiia. siaff costs by the
time 5peni and oiher costs by their usage.
Govtrnance costs
These include the cosis allribuTable to (he charl￿ s compliance with constitutional and stsiutory requimnents.
including audit, Strategic manag¢meni and in￿lee$ meetings and reimbursed expenses.
Taxation
The Charity is considered to pass ihe trsts set out in Paragraph I Schedule 6 of the Finance Act 2010 and
therefore li meets the definiiion of a chariiable cotnpany for UK ctsrporaiion purposes. Accordingly. the
Charity is poieniially exempi froTn taX￿lon in resp¢ct of incom¢ or capital gains received M'iihin cate¥ories
covered by Chaprcr 3 Part I l of the Cotpofdiion Tax Aci 2010 or Seclion 256 of the Taxaiion of Chargeable
Gain5 Aci 1992. 10 ihe exieni ihai such income or gains are appli¢d exclusively to charitsble purpose5.
IniestmL•nt properties
Invesiment property is carried ai fair value, derived from the current markd prices for comparable real esiate
detem)ined annually. The valuaiions are undertaken by the Trustees. based upon p¢riodic exiernal valuaiions.
Th¢ valuers use observable market prices. adju51ed if ne¢e55ary for any difference in the naiure, location or
condition of the specific asser. Changes in fair value are r¢cognised in profit or loss.
Fixed asset investrnents
Fixed ass¢L invesunenis, othei Ihan progTamme related invesun¢nts, are included at maTk¢t value ai the balance
sh¢¢t dale. Realis¢d oains and losses on invesThen15 are calculated as the difference b¢tween sales proceeds and
Ih¢ir markei value at the sian of the year. or iheÈr subsequcnt COSL and are charged or credited to th¢ Statement
of Financial AcLivi(it5 in ihe period of disposal.
Unrealised gain5 and losses represent the movemeni in marker values during the year and are crediied or
charged to the Staiement of Financial Activiiies based on the markei value ai the }'ear end.
Trade d¢btor5
Trade debior5 are rents due.
Trade debiors are recognised initially ai ihe transaction price_ A provision for the impaimient of trade debtors is
established wh¢n there is obj¢dive evidence ihai the charity will noi be able io collect all amounts due
according io the original 1¢rn15 of the receivables.
C8sh and cash equivalent5
Cash and cash cquivalents comprise eath on hand eall deposits. and other 5hort-ierni highly liquid
invesiments Ihat are readilv convertible w a known amouni of cash and are 5ubje¢t io an insignificant risk of
hange in value.
Page 9

The AlexaDder and Caroline Simmons Trust
Notes to the Financial SiatemeDts for the Year Ellded 31 De¢¢mber 2023 {continued)
Fund structure
Unrestricied income fijnds are general thai are available for use at the trustees discretion in furtherance of
the objectives of the Charity.
Endowment funds are those fi￿dS dcrived from the gift5 of assets that are io be held for fvture use by the
Charity-
2 InvestJRent ineome
Unrestricted
funds
Gener#1
Total
2023
Total
2022
Income from dividends;
Income from UK lisied invesrrnents
Interest receivable and similar income-
In¢eresi receivable on bank deposits
Inc(Trme from rents
43,523
43,523
38.408
387
36,302
387
36,302
133
31,755
80,212
80,212
70.296
3 Expenditure on ch8ritAble AetiTrities
Unrestricted
funds
C¢tter81
Endowrnent
funds
Expendable
Total
2023
Grants
Repairs and maintenan¢e
Legal and pr(Trfes5ional
Insurance
Council t
Light and heal
i6,850
46,44)
5,367
5,646
1.761
248
36.850
86.443
40,000
5.646
1.761
248
96,315
40,000
136.i15
Unrestricted
fund5
General
Tot#1
2022
Grants
Repairs and main¢enance
Legal artd professional
Insurance
Council lax
Light and heal
General expenses
38.000
9,856
3,883
5,134
1,216
9.856
3.883
5.134
1,216
363
143
143
58,595
58,595
Page 10

The Alexander 2nd Caroline Simmons Trust
Notes to tbe Financial Statements for the Year Ended 31 De¢ember 2023 {continued)
4 Analysi$ of governance Ind support Costs
(Jovernance costs
Unrestricted
funds
GtNeral
Total
2023
Total
2022
Ind¢p¢nd¢ni examiner fees
LxaminatiL)n of rhe financial staiements
Clerk's fees and legal costs
1.260
253
1,260
253
1.200
220
1.513
1,513
1,420
5 Crant-making
Analysis of grant%
GraDts to institution5
2023
2022
Analysis
Granis - InsritUTional
36,850
38,000
The support COSts associated with grnnt-making are £Nil (31 December 2022- £Nil).
Pag¢ll

The Alexander and Caroline Simmons Trust
Iyotes to the FiDaDcial Statements for the Year Ended 31 December 2023 {conlinued)
Below are dethi15 Of material grants made to insiiiuiions.
2023
2022
Name of institution
St Helena- West Leake
St Nieholas - Bawtry
St Cyprian - Sneinton
St George's The Meadows -
Nottingham
Si John the Evangelisl - Carlton in
Lindrick
Si Luke-Kinoult(Trn
Si Luke's - Hickling
Si Margaret's-Ow¢horpe
St Mary & St Martin- B1￿h
Si Mary's The Blessed Virgin - West
Sto¢kwith
Si Michael & All Angels - Bramcole
Si Siephen's - Sneinion
St Peter- Clayworth
St Helen - Trowell
2.500
2,400
2.000
3,000
500
3.0(K>
1.500
2,600
3,000
6,000
6,000
5,000
3.000
3.000
St John the Evangelist - Worksop
Sr Andrew - Langar
St Barnabus Inham Nook - Chilwell
St Helena- West Leake
Christ Church - Cinderhill
St Michael the Archangel - Halarn
St Mary- Kilvington
Hgly Triniry with St Frdncis - Clifton
Bradmore church and Mission rooms-
Bradmore
8.000
3,000
3.0(H)
2,0(M)
250
2,100
8,000
2.000
36,850
38.000
6 Tru5tee5 remuneration and txpen5es
No trustee5, nor any persons wnnffied with them, have received any remuneration frorn the Charity during the
year.
No irus¢ees have re¢eiv¢d any reimbursed expenses or any other benefits from the charity during ¢h¢ year.
Y Ind¢p¢ndent ¢xAmin¢r's remuneration
2023
2022
Examination of the financÉal statements
1.260
1,200
Page 12

The Alexander and Caroline Simmons Trust
Notes to the Financial Statements for the Y¢xr Ended 31 December 2023 (continued)
8 Taxation
The Charity is a re8lStered charity and is ther¢for¢ ¢x¢mpi from taxation.
9 Fixed asse¢ inv¢$tments
2023
2022
Investment properties
Other investrnenrs
1,560,000
l.i67.390
1,560,000
1,300,070
2,927.390
2,860,070
Investment properti¢5
Inwestrnent
propertie5
C051 or Valu8tion
Ai l Januarv 20?3
1.560,000
Provision
At J l December 2023
Net book value
At i l Decembe¥ 2023
1,560.000
Ai i l December 2022
1,560,000
The valuaiion of Ihe invesrrnent properties were und¢rtaken by Alasdiar MO￿ls￿n of Alasdair Morrison &
Partner5, Chartered Surveyors as ai l F¢bruar) 2022. on an open markei valuation. The TrnS￿e$ believe thai the
curreni market value is noi significanilN' different frotn this value.
Pog¢ l)

The Alexander and Caroline Simmons Trust
Note5 to tbe FinaD¢ial St21ement5 for the Year EDded 31 December 2023 (eontinued)
Other iNwestments
Listed
investments
Unlisted
iDie5ttntnts
Total
Cost or Valuation
At l January 2023
Revaluation
Additlons
1,123,674
86,406
176,396
1,300,070
86,406
19,520
{)8,6061
19,520
Disposals
{38.6061
At 31 December 2023
1,171,474
195.916
l.i67.390
Net book value
At 31 December 2023
,171,474
195,916
I,i67.i90
At 31 December 2022
1,12i.674
176,396
1,300,070
Page 14

The Alexander and Caroline Simmons Trust
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
10 Debtor5
2023
2022
Trdde debtors
976
160
I I Cash cash equivglents
2023
2022
Cash ai bank
36,199
53,293
12 Creditors: amounts falling due within one y￿r
2023
2022
Oiher crediiors
A¢¢ruals
Dcfcrrcd income
52.600
l.i80
i.795
35,000
1,320
597
57,775
36,917
2023
2022
Deferred income ai l January 2023
Resources deferred in the period
Amounts released from previous periods
597
i,795
{5971
597
DefetTed income ai vear end
i,795
597
Page 15

Thc Alexander and Caroline Simmons Trust
Notes to the Financial Statements for the Ye¥r Ended 31 December 2023 (continued)
13 Funds
Othcr
recognistd
goins11105ses)
Bal4nc¢ 8t 31
D¢cernber
2023
Balance at I
J8nu8ry 2023
Ineoming
rtsourees
R¢sources
expended
Transfers
Unrestrictcil
Cjcneral
S26,417
80.212
(97.8?81
(4.353)
34,887
539,335
Endvwment
Perindnei)I
2.126,151
51,519
2,177,670
F.xpcndable
224,038
140,000}
4,353
1,394
189,785
Tolal endowmtnt
2.3.50.189
140.000)
4.353
52,913
? 367,455
Total funds
2.870.006
80,212
1137,8281
87,800
?.906.790
Enduwmtnt funds
Pemianent
1'h¢ P¢rnianent endowmcnt fund5 were established in the original sch¢mc of l 8 January 1957.
Expendable
A Reserve Fund 15 hcld in accordance wilh clause 26 (21 of the 1957 sch¢mc. A tran5fcr has been made from th¢ unrcstricted General Fund io the Reserve Fund under Clause
2612} in the ainount of £4.1531?022.. £9,656), bcing 200/0 ol-Ih¢ nci in¢oinc for thc year {bcforc thc i55uing of grani8} of £20,7661202?: £48.?¥1).
An Exiraordinary Repair Fund is hcld under clause 25 (1) of the 1957 schemc to fijnd the extraordinary repair. improvement or rebuilding of the property belonging ¢0 the
chiifiiy. A transfer has been madc from thc unrestricted General Fund io the P.xiraordinary Repair l-.und in the amount of£20012022.' £200).
PagFe 16

The Alexander and Caroline Simmons Trust
Notes to the Financial Statements for the Year Ended 31 December 2023 (coDtinued)
14 Analysis of net assets between funds
Unrestricted
funds
General
Total funds al
31 December
2023
Endowment funds
P¢rrnaneni
Expendable
Fixed a5Sd investtnenis
Curreni assets
Current liabilities
559.935
37.175
{57,775)
2,177.670
189,785
2,927,390
37,175
{57,7751
Toial nei assets
539.335
2,177,670
189,785
2,906,790
1 S Rel#ied party trnnsactions
Th¢re w¢re no related party transactions in ihe year.
Page 17