CYNTHIA DELLA HOY’S CROXTON CHARITY
CHAIRMAN’S REPORT for Year Ending 2022
Unfortunately I have to report the death of Gary Fox, the charities first and long standing tenant who passed away recently, after a long illness. The Chairman and his wife attended the funeral with the charity donating £50.00 to North Walsham Hospital, which is now at £1000.00. Gary enjoyed living in the flat and the village was a well liked individual who was always willing to help individuals who required assistance.
The maintenance of the properties is still an ongoing process with an expenditure of £13388.10 being spent during this reporting period. This was primarily within two areas with cottage No 4 having the damp within the lounge being resolved along with the external walls within flat No 2 being fully insulated to ensure that the flat complies with future legislation concerning the EPC rating. Due to this work the EPC for the flat has now increased and meets this requirement.
When cottages No’s 1 & 5 become vacant these will also require to be insulated to meet the new legislation. It has become evident over the years that due to the age of the properties the charities maintenance costs are quite substantial at approximately 36% of our income.
Although I am sure the charity will in the future be in a financial position to distribute more funds to worthy causes, the priority must be to ensure that the properties are maintained to the standard that not only attracts tenants but also enhances the village.
During this reporting period the charity has been able to distribute monies to 14 organisations to the value of £7467.13 with some mentioned below:
EnABLE Thetford Croxton Churchyard Thetford Singers Thetford Short Matt Bowls CBC Food Programme
The Trust has had a good year overall with the completion of some major projects, along with donating funds to a number of organisations. Once again I can only offer my thanks to all the trustees for their support in ensuring that as a charity we can support as many causes as possible within our budget.
I Andrew Chairman
REGisfERED COMPANY NUMBER.. 08107102 IEngland and Walès REGISTERED CHAAITV NUMBER.. 1141374 nau ited Fi tem nts 22 thl Ila Ho s Croxton Chari rwR Accountants The Old Registrars S7a Hi8h Street 8ran¢Jon suffolk IP27 OAU
C thia Oella Ho '$ Croxton Charl nten lor the f Ihe FlnaftclBI Statements ear enaed 30ih Se temuer 1022 Report of thè Trustees Independent Examlner's Report Statement of financial Acti¥it1*5 Balanctr Shtet Notes to ihe Flnancl41 Statements 7 to 11 Oetalled Statement of Flnancial Artivities 12
C thia Dell• Ho '$ Croxton Charit for the ar ended 30th Se ember 2022 The irusrees who are also directors of the cnarity for tne ptsroosÈs of the Companies Act 2C4J6. present their reoory wjtn the financial statements of the cnarily for the vear enOe(J 30th Sepiembef 2022 The Irustees have aLlopieo the provision5 Qf Ac¢ountJn8 and Reponing by CharTttes Statemeni of Recommende¢ Practice applicaDle to chaTftie5 preparing their accounts In accordance with the Finanaal Reporting Siandarcl applicable in the UK and Republic 91 Ireland IFRS 1021 leftective l January 20191. oBJEIVEs AND A1VITIEs Objective5 and aim5 To provide financial 5UPPOrt to charitable projects in and a¥ound Croxton 5TRLicfuRE. GoveANANCE AND MANAGEMENT Governing d<xumeni The chafltv 15 controlled by It5 governing document. a dee(l of trust. and constitutes a limited comoany, Iirniled b¥ guarantee. as defined by the COmpane5 Aa 2CXI6. REFERENCE AND ADMINisfRATIVE DETAILS Re8lStered Company number 08107202 (England anLt Wales) Re81Stered Charity number 1148374 Re8lStered office The Old Re815trars 57a Ai8h Street 8randon Suflolk P27 OAU Trustees Mr N Man¢Jertield Mr l Andrew Mi C I Wallord Mr 8 5tanlev Idece45ed 5 10.211 Or P Herbert M A Poore Mrs G kgTt Companv Secretary Mr N Manderliely Independent Examiner nNft 4£countanti The Old Aegistrars S7a Hi8h Street 8randon Sullolk |P27 OAU COMME14CEMENT OF AcfiviYiES Activities commenced on Ist.'uly 2012 when propenTres given untter the will of Cynthia Della Hov who died on 10th June 2005 were vested to the Trust Approved by order of the board of trustees on and signed on Its behatl bv Page I
nthia Ho Mr N fvlanderfield- Trtsstee Page 2
Inde endent Examiner, t th Tru romton Chari Independent examiner's report to the trustees of (thia Oella TrloY'5 Croxton Charity I'the Company'l I report to the cnarity Irusiees on my examinatyon of the accounts of the Company for the year ende 30th 5epternber 2022 Ropon¥bllltiÈs and b0515 of report As the charitv's trusiees o., the Company lano also rts Oirectors foi the gufposes of company law) you are responsible for the preparation ol the accounts In accordance with the requirements of the Companies Act 2iJJ61'lhe 2006 Act'l Havin8 Sat151ie(I myself that the accounts ot the Company are not require¢J to be audiied unijer Pan 16 of the 2006 Art and are eli8ibie for independeni examination. I report In re5pecr of my e¥amination of your ¢harity'S a¢tounts as carried out under Section 145 01 the Charitses Act 2011 I'tne 2011 Aa'l. In ca¥rying out mv examination I have followed the Directions given by the Charttv Commission under Section 14SI5I Ibl of the 2011 Au. Independeni emamlner's statement 1 have c¢muleted my èxamination. I confirm that no matters have come io mv atteniion ID connection with the exam¢nation giving me cause to belie¥e: accounlin8 records were not keol In re5pe¢t of the Company as reouired by Section 386 01 the 2tsJ6 Act. 01 the accounts do not accord with those record5- or the accounts do noi complv with rhe accounting requiremenis of Section 396 01 Ihe 2006 Att other than any requirement that the accounts gNe a true and fair view which 15 not a matter considered as part of an indeoendent exarnination.. or the accounts have nor oeen orejareo In atcoroance witn the metnods ano principles of the Statement of Aecommended Prauice for accountin8 and reponin8 by charitie5 laoplicable to chaTlties preparing their aceounrs In accordance with ihe Finanoal Reportin8 Standard aDplicable in the UK and Republic ol Ireland IFRS 10211 I hawe no concerns and have come across no other matlers In connection with the exarnination to which attention sh(Jold be drawn in this report in order to enable a proper undeT5tan(Jing ol the accounts to be reached Mr P J Smith fCCA TWR Accouniènts The Old Registrars 57a High Sireei Brandon Suttolk IP27 OAIJ Date.. Pa8e 3
C nthla Oella HO '$ Croxton Ch rl taiem for Ih IFln ndèd 30th se iember 2022 20Z2 Unfe5tficted funo 2021 Total funas Notes INCOME AND ENDOWMENTS FROM Inve5trnent iTrcome 37,636 EXPENDITURE ON Charitable a¢ti¥iti*s Granis to Instiiutions 7.467 9.310 Govèrnancè costs 1.358 696 Finance costs 79 cnaritaDle expenditure 19,1)01 28.290 roral 27.894 38.375 NEf INCOMEIIEXPENDITUREI 9.742 15.1761 RECONCIUATION OF FUNDS -0131 funds Drougnt lorwaro 484,194 489.370 TOTAL FUNDS CAAAIED FORWARD 493,936 484. 194 The notes form part of these financial sratèments Page 4
hla 30th Se tember 2022 2022 Unrestricted fund 2021 Tcttal funds Notes FIXED ASSETS Investment propertv 480,(KK) CURRENT A55ETS Cash at bank 14.576 4.824 CREDITORS Arnounts falling due within one yeiF 16301 NET CURRENT ASSErs 13.936 4.194 TOTALASSETS LESS CURRENT UA8IUTIES 493,936 484.194 ASSETS 493.936 484,194 FUNDS Unresiricted funds 493.936 484,194 TOTAL FUNDS 493.936 484,194 The charitable company 15 enty.tled io exemption from audit under Settion 477 of the Companies Act 2006 for the year endeo 30th September 2022 The members have not require# the comoanv 10 obtain an aitdii of Its finanool statements for the year ende¢J 30th September 2022 In accordance with Settion 476 of the Companies Acr ZLK)6 The trustees acknowledge thèir responsibilities for ensuring that the tharitable company keep5 attouniing records thai eomply WQh Sertion$ 386 and 387 of the Comoanies Act 2Tr)6 and preparing financial 5tatement5 which give a true and fair view of the stste of affaiis of the charitable company a5 at the end of each financial year and of SUTpIu5 01 deficit for each financial yeaf in accotdance with tbe requirements of sections 394 and 395 antl which oiheNise compfy with the requirements of the Companies Aet 2006 relatln8 to financial statements. 50 lar as apolicable to the charitable cornpanv. The notes forrn part of these financial statements Page S continued...
C nthia Delta Ho 8alance Sheei- continued 30th Se i*mber 2022 These financial staiements have been prepareo in a(cordance with the provision5 applicatyle to charitable companiec subiecT TO the small companies règimè Th Inan¢iai staiements were approve(I by the Board of Tntsstees and authorised tor Issue on --7_ antt were signed on its behalf by" r N Manoerlieid- Trustee Mr l Andrew- Trustee The noies fofm pan of these Iinancial STatements Page 6
C thla Della H 's Cromton Chari ndal Statem ar ended 3 nts ACCOUNTING POLICIES 8è5j5 of pieparine the flnandal statements The financiai statements of the cbantable company. which Is a public benefit entity under FRS 102. haye been repared in ac¢oTdance with the Cnarities SORP IFRS 1021 Accounting antJ Reporrin8 by Charities.. Statement of Recommended Practice apolicable its char5tie5 preparing their accounts In accordance with the f Inancial Reportlll8 Standard appli£able In the UK and RepuDlic ol Iielano IFRS 1021 leffective l January 20191,. Financial Ileportin8 Siandard 102 'The Financial Reporting Sianoaro applicable In the UK and Aepublit of Ireland, and the Companies Aci 2006. The financial stalements have been prepared unoe¥ the hisiorical CC*St conventio Income All Income reco8ni5eO In the Statement ol Financial A¢tivitie5 once the eharity has entitlement io ihe funds. li Is orobable ihar the Income will be reteNed and the amount can be measured reliablv. Empenditure Liabilities are recognise(l as expenditure a5 soon as there Is a legal or conslrudive obligation comrnitting the charitv to thot expenditure. it is probable that a transfer of economic benefits V4111 be required in settlement nd rhe arnouni of the obligation can be measured reliablv. Expenditure is accounted for on an accrua15 ba515 arnd has been classified nder heading5 thai aggregate all c05t related to the category. Where costs cannot be directly attributed to partituiar headings tney have been allocaied to aai¥ities on a basis cons15teni with the se of Tesources GrantE offered subject to condition5 which have not been met at the year end date ale noted a5 a tornmitment but not acuued as expefiditure. In¥e5tment propertv Inve5rment DroDertV Is shown ar most recent Valuation. Any aggregate surplus or deficit afising from changes in fair value is retognise<l in the Statement of Finanoal AcEiVities. Taxation Tne charity 15 eyempt from corporation tay on its charrtable activrtie5. Fund acco111 Unrestricted fund5 can be vsed In accordance th the charitable Objecte5 at the discretion ol the trustees. Restricted funds can onlv oe used for ponicuiar resiricte¢ purposes within the otriects of the cnarity. Resirlciions arise when specified Dy the (bonor or when fun05 are raiseo for artICUlar Te5trscted ourp05es. Further explanation of the nature and purpose of eacn lund is Incluoed In the notes to the ffnanciai siatements. INVESTMENT INCOME 2022 2021 Rents received Deposit account Inte¥e5t 37.604 32 33,198 37,636 33,199 Page 7 continued.
Croxton Char Plotes to the FinancTral Statements- continued lor the ear ended 3 er TRUSTEES. REMUNERATION AND BENEFs Tnere were no trustees, remuneraiion or other benefits for the vear enlled 30th Sèpièmber 2022 nor tof thè year ended 30tb September 2021 Tru*ees' expenses There were no trusiees, expenses paid for the year ended 30th September 2022 nof lor the year enaee 30th Septernber 2021 COMPARATIVES FOR ThE STATEMENT OF FINANCIAL AcfiviTIES rTrresirictea fJn¢ INCOME AND ENDOWMENTS FROM In¥estrnent Income 33.199 EXPENDITUREON Charlrable acti¥itle5 Grants io Instirutions 9.310 Governance costs 696 Finance costs 79 Charitable expenditure 28,290 Total 38,375 NET IPICOMEIIEXPENDITUREI 15,1761 ECONCILIATION OF FUNOS Tot31 funtts tsroughr forvrfaro 489,370 TOTAL FUNDS CARRIED FORWARD 484,194 Pa8e 8 coniinueil..
hl xton Charl t th Fin cont5nued tember 2022 INVESTMENT PROPERTY FAIFI VALUE At 151 October 2021 ar$0 30th SeDiember 2022 NET 800K VALUE At 30th Seplernber 2022 AI 30th September 2021 480,LKQ CREDITORS.. AMOUNTS FALLING DUE wmiiN ONE YEAR 2022 2021 Accrued expense5 630 MOVEMENT IN FUNDS 14et movemeni In funds Ai 1.10.21 At 30.9.22 Unrestrlcted funds General 4B4.194 9.741 493,936 TOTAL FUNDS 484,194 9.742 493,936 Net movement In funds. Included Jn the above ore as lollows= Incomin resources ResouTce5 expended Movement in funds Unrestrirted fund5 General fun¢ 37.636 127A941 9,742 TOTAL FUNDS 37,636 127A941 9.742 Comparatlve5 lor movement In funds Nei movement In funds Al 1.10.20 At 30.9.21 Unremrirted lunos General fund 489,370 15,1761 484.194 TOTAL FUNDS 489,370 15,1761 484.194 Pa8e 9 continued..
C nihia Della Ho '$ croxton Chari Notes ro the Flnantlal Statements- tontinu for ihe T ended 30th Se tember 2022 MOVEMENT IN FUNDS- continued Comparaiive ner moverfteni in funds. Intluded In the abo¥e are as follows. Incoming resources Aesources expended Movemtnz In lunds Unrestritted funds General fund 33.199 138,3751 15,1761 YOTAL FUNDS 33.199 38,3751 15.1761 A current year 12 months and prjor year 12 months combined p051tion Is as follows. Nei Ai 11020 moverneryi Ai 30922 In funas Unrtsiricted funds General fund 489,370 4,566 493,936 TOTAL FUNDS 489,370 4,566 493.936 current year 12 months an¢ Drior year 12 rnonth5 cornbined net moverneni In funds. Inciuoeu In the atsove arè as *015OWS Incoming resources Ilesources expenoed Movement In funds Unrestrlrted funds General fun 70,835 166.2691 4.)66 TOTAI FUNDS 70,835 166,2691 4,566 RELATED PARTY DISCLOSURES There We no related party transactions IOT the year en¢ed 30th September 2022. Page 10 continuea
on to th Financtal Statements- continued ear ended knh Se tember 2022 GRANTS TO INsnTUTIONS rhetford Bulldog Ladies K Thetford Lunch C5ub TADDS Thetlord Sin8er5 Croxton Churchvar CA8 Software Abouf Theilord EnA8LE Thetford Theiford Team Sport Factorv TVC Growkids Xmas Qeer'S Jubilee Garden Tnetford Short Mat 8ow15 NWM Hospital C8C Food Progfamme 3( 3tsJ 1.4 250 i.coo soo 250 i?0 147 50 Page 11
C nthia Della H Croxton Char Deiailed Staiement of Financial Aaivities lor the ai ended 30th Se tember 2022 2022 2021 INCOME ANO ENDOWMENTS In¥estment Income Renrs received Oeposit 3ccounr interesi 3704 32 33. 198 37.636 33,199 Toial incoming resourcès 37,636 33.199 EXPENDITURE Charit8ble actFvities fants io Insiiturions 7.467 9,310 Support costs Management Insur3nce I,8 Letting a8ent lees Property repair5 Sundries 2,988 23,809 13,489 124 I>.)1 28.290 Financ 8ank ch3r8es 79 Governance E05ts Accounlèncv Legal fee5 718 640 696 1,358 696 Total ¥e50ur¢es expende(J Z7,894 38.375 Plei incomellexpenditurel 9.742 15.1761 This page does not form pan of the 5taTUttry ftnancial St?Ments Page 12
Inde endent Examiner's Re nthia Ila H roxt rttoth Tr Independent examiner's report to the trustees of Cvnthia Oella Hoy's Cromton Charity I'the Company'l I report 10 the charity tru&tees on my examinatson of ne aetount5 01 the Company lor the yèar ènded 30th September 2022. Responslblllties and ba5 of report As the charity's trustees of the Company lan(1 also sts directors for rhe purposes ol company lawl yokn are respon51Dle for the oreparation ol the accounts in accordance with the reouirements of the Companies Aci 2rJ361'lhe 2006 Act'l Havin6 sailsfied myselt that the accounts of the Company are not required to be audited under Part 16 of the 2Tr)6 Act and are eligible for independeni examsnatigrt. I report In rèspett of my examination of your charity's actounts as carried our under Section 145 of the Charities Aa 2011 1.tne 2011 Act'l. In carrying out my e*amination I have followed the Direction$ given by the Charitv Cornmission under Section 145151 Ibl ol ihe 2011 Aci. Independent eMamlner'5 Statemefit I have comol•ed mv examinatloft. l ¢onlbrm that no matters have come to my attention In connection with the examination 8i¥in8 me cause to believe: ccourstin8 records were not kept In respect ol the Companv ?5 reqktired by Section 386 01 the 2006 Att, or the accounts do not accord wilh those records.. or the accovnt5 do not cornply with the accounting reouirernents of Sertion 396 01 the 2006 Att other than an¥ requirement that the accounts give a true and fair view which Is nor a rnaiter considered as part of an IndeDendeftt examination". or the accounts nave not been preoareo In accoruance with the metnods ana principles of the Statement of Rècomrnended Pradite lor accounting and fepoflin8 by charities laoplicable zo charities preparing their accounts In accordance with the Financial Reporting Standard aoplicable in ihe UK and Republic of Irelan¢ IFRS 10211 I have no concerns and have come across no other matters in connection with the examination to which atlention should be drawn in this report in OfcSer to enable a proper under5tandin8 of the a¢¢ounts to be reached i ,,-/:/11, Mr P I Smith FCCA TWR Accountant5 The Old Registrars 57a Hi8h Street Brandon Suffolk IP27 OAU Date. ....... Paee 3