awlty Re8Istration No. 1154575 THE MELKSHAMALMSHOUSES CHARITIES ANNUAL REPORfAND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER2024 Morgan * Tovey Scanned wlth CamScanner-; cs R¥strth N4 1154S75 THE MELKSHAM ALMSHOUSES CHARITIES LEGAL AND ADMINisfRATIVE INFORMATION Trustees P Aves- Chalr RevCThomson PIDoel S R4bey R Shea.Slmonds CAndnves l.A Westbrook J Crook Cbartty Dumb¢r IIS4575 Prfndpal address The Toll House 41 Isllngton Trowbrldge Wiltshlre BA14 8QL Independent examlner Moryan Tovey Umlted 5 Martlns lane TROWBRIDGE Wiltshlre BA14 6NB Scanned wlth CamScanner-; cs Re*tsth114 1154575 THE MELKSHAM ALMSHOUSES CHARITIES coirrENTS Pale Trurtees. report Independent examlnerfs report Statement of flnandal artlvltles io Balan￿ sheet li Notes to the flnandal statrments 12-26 Scanned wlth CamScanner-; cs auylty Re8lstratlon Na 1154S75 THE MELKSHAM ALMSHOUSES CHAIUTIES TRusfEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present thelr report and l]nandal statements for the yearended 31 December 2024. The flnandal ststements have been prepared In accordance wlth the accountlng polldes set out In note i to the finandal statements and comply wlth the charl￿S governlng documen¢ the Charttles Art 2011 and "A¢counUng and Reportln8 by Charftles: Statement of Recommended Pracdce appllcable to charitles preparlng thelr accounts In accordance wlth the Flnandal Reportin8 Standard appllcable In the UK and Republlc of Ireland (FRS 102)" (effecuve l•1 January 2019). Objertlves and artlvldes The charftys obleL1s are for the publlc benefiL namelr. (l) For prO￿510n of Almshouses a¢commodadon In the propertles known as The FowlerAlmshouses, Melkshan Wiltshire for the benefit of persons over 50 years of a8e who are In need or flnandal hardshlp and Ilvlng In or near the dlstrlcts of Melksham Town Coundl and Melksham Wlthout Parlsh Coundl (the area of benefit). (2) Such charftable purposes for the general benellt OT the poor In the area of beneflt; or whlth are benefidal to the Inhabiianis of the area of beneflt as the T￿Ste¢S dedd¢ The trnstees have establlshed the tharfty's grant maklng pollry to achleve Its objects for the publlc benefiL The t￿$￿e$ Invlte appllcatlons for 8fdnts from Individuals and Inst1￿￿OnS by advertlsln8 In the local pres& The tnzstees have pald due rewd to guldance Issued by the Ctharfty Commlsslon In deddlng what arttvitles the chartty should urtdertakL Achlevements and perforllwice Achlevements Payments have succ¢ssfuUy begun to the AlmshouseAssodatton for the repayment of the ten.year. Interest-free loan of £40.1)00 to support the Qulnquennlal projert from 2023. Roudne malntenance and safety inspecOons remalned a central focus as part of the on-golng commltment to achleve hlgh rtandard& Resldents expressed great satlsfartlon wryth the Improvements made over the la#year. whl¢h have a)nirfbuted to thelr ablllty to Ilve more responslbly. effldently. and Independently. Property Improvements: o A flre safrty assessment led to the Instsllatlon of thumb locks for Improved acLYSS and safety. o Additlonal heatln8 was provtded through towel T￿1 instaliadons In two bathrooms Ornate wlndow repafjrs were completed Indudln8 the addltlon of secondary glazln8 (ojrrently under revlew for effectlveness). Scanned wlth CamScanner-; cs Charlty Reomdoth No. 1154575 THE MELKSHAM ALMSHOUSES CHARITIES TRusfEEY REpO￿r (coKriNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Occupancr. All flve almshouse propertles have remalned fvlly oLxupled throughout the year, wlth no new benelld¥rle& Indlcatln8 Stabllity In ￿SIdencY. Eneryy and SafetyAssessments Eftery PerformaTh￿ Certffiotes (EPCS) were conduL1ed forall propertles helplng assess and Improve enew effidency. Communlty Support o Grants were awarded In 2024 to varfous lo(31 voluntsry groups totalUn8 £2,280. enhanclng community wellbeln& o These contrlbuilons We￿ publidy recognlzed In the Almshouse Gazette and the Melksbam IDdepend¢nt News. Includlng accompanying artlcles and photos. Flnandal Developments The Weekly Malntenance ContrIbu￿On (WMC) was Increased for the llrst tlmeln some years to support adjustments and enwre finanLial sustalnabllity. Performance Outlook and Future Plans The propertles have read￿1 a hl8h standard; the focus Is now on malntalnlng the propertles and flnandal health to e￿￿re loan repaymenL Sublect to the Charftles budge¢ future Improvement areas Indude: o Upgradlng ele(trlc heatln8 System& o Repladng back doors to enhance secudty and efflden(y. EPC standarts wlll conttnue to gulde upcomlng malntenance and upgrade Grant appllotlons have been streamltned to twtceyeady to better manage resource& Tn￿tee5 uplwld governance wlth quarterly meedn8& Income for the year amounted to £33516 (2023: £32,536). Thls Is predomlnately made up of rental Income, whlch was £26,469 (2023: £25,465) for the year. Charftsble expendlture has decreased to £46.546 (2023: £63.284), Indudlng £2300 (2023: £6.750J pald out In gfdnts to. vartous Insdtutlons. Gatns on Investments for the year amounted to £7510 (2023: Galns £24,095). The net movement In funds for theyearamounted to a defldt of £5520 (2023: defldt £6.6S3). The charttys balantt sheet as delalled on pa8e 10 shows a sailsfactory posldon wlth funds amounung to £488A46 (2023: £494,367). Induded In the tharltys net assets are fixed asset Investments totallln8 £264,7H (2023: £257,234). AJI Investments held by the chartty have been acqulred In atcordanc¢ wlth the powers avallable w the trustee& Scanned wlth CamScanner-; cs Cth•rtty Ropstr*on 115157$ THE MELKSHAM ALMSHOUSES CHARITIES TRusfEES' REPORT (Co￿rINuED) FOR THEYEAR ENDED 31 DECEMBER 2024 The Tivstees. rnnslder that the ¢knty ts flnandally 5ernre amd Its flnwKlal r¢seThv ¥e j￿re than •deg￿tr toctyillnue nmnln8 and fvlfilling the Charldes oblectlve& The Chanty recelved a 10 year Interest free loan of £41000 fn)m the Almsh￿$¢$ Assorfallon In 2023, idi Is bdAg repald on a monthly c>YJe. The total amount outstandlng as at 31 December 2024 ted to £37J)O. The TrUS￿e$ consldered the terms and condltlons of the loan and do not belleve the repayments a s￿lflcarf knpaaon the r¢￿￿r¢e$ avallknle forieneral applloilo Reservts pollcy The Tn￿tee$ c<*n￿True to be of the vlew. as recommeimltd by the Charity CommIsslo￿ that the Charlty should maintsln an approPr￿te level of free rtserves (L¢ unrestrlcted funds not tled up In the charltabie fixed assets). The have dedded that the free reserves held should contlnye ￿ equate to at least slx months, rethrring overhead expendlture In order to ensure the contlnuity of oper4tloDS In case of At 31 December 2024, the levd of reserves £94714 (2023: £103S87). wmth Is comfortably In excess of approxlnutely 24 months of recunlnB expendlture. 7he trnstees are c4)mfortable that the cwrent level of free reserves are apprOprIa￿ to the charttys dmimslances at presenL Holdln8 a hlgher level of reserves ensures that the tharfty (an continue to malntaln the Almshouses properdes and pay out grants to $uccessful appllcant& both of whlch assl$¢ in achlevlni th¢ dwltys oblec¢& The trustees continue to rtheweach year the level of free r¢serve& The trustees have assessed the maior rlsks to whlth the d4rfty Is exposed and are sadsfied that Wtems are In place to mld8ate exposure to the major rfsk& Plans for the futijre Ix)oklng fo￿ard. our flve promies are now at a hlgh stsndard, we need to ensure the accounts remaln healthy to be avaSlable ro repay the loa￿ Funds allowln& there are some areas of Improvements to be consldered Indudlng any fv￿re demands of the Energy Perforniance Certlficates; the electrk headn8 and back dooTh to be renewed The 8Tant appllcatlons haye bttn streamllned to twlce a year to ensure fvnds are In plx& The Trnstees contlnue to meet fourtlmes a year. Strurtiwe• iovernance and ￿￿￿eMent The dwlty Is re8lstered with and regulated by the Charfty Commlsslon as a foundallon Charltable Incorpordred Organlsatlon (CIO) under Charity no. IIS4575, regtstered on 13 November 2013, governed by Its Con5tltu￿0n dated 13 November2013 as amended by spedal resolutlon 02 October 201& Scanned wlth CamScanner-; cs ljartty Rtzlmdon No. 1154S75 THE MELKSHAM ALMSHOUSES CHARITIES TRUSTEES. REPORT (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees who served durlng the year and up to the dale of slgnature of the fin1nd￿ 5Utements were: P Aves. Chalr Rev C Thomson PIDod S Rabry R Shea.Slmonds C Andrewes B Sanders l.A Westbrook set out In the Constltutlon there must be a mlnlmum of three and a maxlmum of ntne tharfty trustee& Ex Offido TNstee- The VIL7r for the tlme beln8 of the Ecdeslastlol Parfsh of Melksham SL Mlchaels sh￿1 automaucally be • ch•rtty trustr Nornlnated Trustees. Each of the followln8 bodles may appolntd4rlty trustees as follows: The T¢)wn Coundl of Mejksham. tm> chanty Irustees Melkshm Wlthout Parlsh Couodl. two dwlty trustees The CIO'S day to dayacllvltles are managed by Its Se¢retarykn P The Trustees admI￿Ster dwltsble objertlves for the benefit of the Inhabltants of the parlsh of Melksham under the tern￿ of Its constttutlo Statement of tn￿ee$, responslbllltles The trurtees are responslble for preparlng the Trustees, Report and the flnandal Karements In accordance wlth appll(3ble law and Unlted Klngdom Accounthg Stsndards (Unlted Iungdom Generally Accepted Accountln8 Practlce). The lawapplkabk to charftles In En￿and and Wales requlres the trusttts to prepare finandal statements for each finandal year whlch glve a Irue and falr vlew of the state of affalrs of the and of ttr Incomln8 resourn and appllatlon of resourcu of the tharfty lor thatyear. In preparfn8 these flnandal statements the trustees are requlred to: - selert $￿table%£0Unt1AS ￿lIdeS then apply them conslstentl - observe the methods and prlndples In the Charldes SQRP, - make lud8ements and estlmates that are reasonable and prudent . 5tste whether appllable accounttn8 standa￿ have been followed, sublert to any materlal departures dfjsdo￿d and eApJalDed In the finand￿ tstementr, and - prepare the finandal slatements on the goln8 concern basls u￿e$S It ts Snapproprlate to presume that the charlty wlll contlnue In operado Scanned wlth CamScanner-; cs ¢Jwrlty ReRlstr4ilon NfL 1154575 THE MELKSHAM ALMSHOUSES CHARITIES TRusfEFS' REPORT (CONT114UED) FOR THE YEAR ENDED 31 DECEMBER 2024 The trurtees are responslble for keeplng suffldent accountlng records that dlsclose wlth reasonable accurary at any tlme the finandal posldon of the chartty and enable them to ensure that the flnandal stslements comply wlth the Charltles Act 2011, the Charlty (Accounts and Reports) Reguladons 2008 and the provlslons of the trust Thry are al￿ responslble for safeguardlng the assets of the thartty and hence for taldng reasonable steps for the prevendon and detectlon of fraud and other Irregularlt5e& The trustees, report vas approved by the Board of Truste P Aves R Shea- Slmonds P knltcsl A A-r4 tJ SL4fA-SiwV Dated: 18th lune 202S Dated.. 18th June 2025 Scanned wlth CamScanner-; cs Clwlty Re81str¥￿ll 140. 1154575 THE MELKSHAM ALMSHOUSES CHAIUTIES INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEFS OF THE MELKSHAM ALMSHOUSES CHARITIES I report to the triistees on my examlnadon of the fin2ndal statements of The Melksham Almshou Charltles (the durfty) for the ytsrended 31 December 2024. RespoDslbllllles and basls of report As the trustees of the charity you are responslble for the preparatlon of the finandaj statements In accordance with the requlrements of thecharltles Art2011 (the 2011 Art). I report In respect of my examlnadon of the charftys flQa￿la1 statements carrfed out under sectlon 14S of the 2011 Art In (3rry5ng out my examlnatlon I have followed all the appllcable DlrectSons ￿Ven by the Charlty Commlsslon under sectlon 145(5)(b) of the Act IndepeDdeDt eXan￿O¢￿$ slatemeDt I have completed my examInatlo￿ l ¢onfirni that no matters have come to my atientlon In connedlon th the examlnaiion whlch glves me (3use to belleve that any materlal respect ac¢ountlng records were not kept In respert of the dwlty as requlred by sertlon 130 of Charltles A¢ or the the accounts dld noLac¢ord wlth the accountln8 recortr, or the accounts dld notcomply wlth the appb'ble In the UK and Re￿iC oflreland (FRS 102)" (effeth I january 20191 The tharlty ts a Publk 8enefit Endty as defined by FRS 101 The fin1nd￿ sts¢Mwits hm departed from the aurfdes (Ac(ouftts aNI RetK*ts) Reyjaiions 2008 0 the extent requlred tti wlde a Irue and f•lr vlew. Thls departu￿ has Involved follo￿£ the Statrment rf Recornrnended pra¢d￿ for tharldes apply5￿ FRS 102 rnther than the Ver￿ of the Statrrnent of Pra¢*e whlch ts to In the Re￿all0￿ but th has ￿nce been withdraw Ilnandal statements are prepared In rterlln& whlch Is the funrtlonal currew of the durlty. The Ilmndai statements have been wepared under the htst{￿ cost conveni10￿ modthed w iDdude the ar fatr Val￿ The prI￿1paI accoun11￿ polldes adomed are set out below. The Melksham Almsb(ww Charflles constltutes a publk benefit endty as defined by FRS 101 lthely fvture devdop￿ts and remakn of the o￿nknn that there Is no rea%>n to belleve th•t the dwlty WUI to cease oper3th¥ as a result ol Inadequate finaThthl resource4 or any other foreseeable evenL wlthln a pwknl ofat least 12 from the datr dthe 4pwDval Orth￿ ac£oua purpow uses otthe de￿tal are srtout In the Iioies to the flnandal ststement& 12 Scanned wlth CamScanner-; cs (Jarlty R¢￿tr￿ Ilo. 1154575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEME14TS (CONTINUED) FOR THE YFAR ENDED 31 DECEMBER 2024 l Accounll•8 ￿lId￿ (C••ii•Md) Restrlrted fund5 to spedfic by donor* as to I￿￿ tly may be usett Tl* purposes and uses of the restr*rt￿ •re srt out In the notes to the flftandaj slairmenl& funds wwect ts) 0x￿ld0￿* th•t the mutt be m•lThtalned by th¢ thartty IA IK•me Income ts when the dwlty ts lepuy entltled it afterany wfonnance condlilom have been IneL the amounts ean be measured rellably, and 1¢ ts probable that IN*me wlll be recelyed noOfied ol the donallm unless perf(KThwtt condlilons requlre deferrnl of th¢ •mounL Income tax rrcoverdble th rdatton ￿ domdw recelved under Glft Ald ordeeds ofcmnant Is recO￿￿d at the tlme Lepdes are re(fj¢nW on recelpt or otherwtse ￿ the durfty has been noiiiied of ￿ Imwdl dlstr1bul1o￿ the amount Is and recdpt Is expectrd If the amount Is not knowN the lepcy ts treatrd a$ 4 conttn8ent asseL Income Is measured at the falr value of the o)nslderatlon recelved or reCeI￿ble and represents amounts receAvable for￿dI and Eerylces provlded In the nonnal course of buslw net of dlscount& IS Ewdllurt Eypendlture Is accounted for on an ac17wals basls and has been Induded under expenses cate8orles that aigreKate au costs lor allocatlon to arttvltle& WThere costs annot be dlrertly altrlbuted ￿ partScuJar artlvllSes they have been auocated on a bth condstent wlth the use of the resource Grants pl￿ble •re dwyd th the year when the offer l¥ rn￿e except th those cases where the offer ts co￿&￿0￿aL suth belne reco￿lsed as expendlture when the condltlons attathlng are fulmled Grants dyered Abl¢¢t ts clxvjlth￿ whkth have Iiot been met at theyear end are noted ai a commltmeni but not •c(rued as expendlturc Atl grants made durfn8 the perlod were pald out of the New Hall Fut whlth ts a rtstslc¢ed fund to be apputd lor pubuc purposu benelldal lo the Inhabltants of the area of Melksham and Melksham wlthouL Support staff costs are allocated between the Almslwuse Fund and the New Hall Pund so as ￿ renrft the proportloa of the Treasurerfs tlme spent admlntstrTln8 the Almshow and the Rrdnts llthde to lo(al Property ulsts and ilther otheads •t Incurrtd In the man38ement and admlnlstratlon of the 13 Scanned wlth CamScanner-; cs tjwlty Re*str•tknD H￿ 1154575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 l Ac¢ovts1l￿ pollda (Conlloued) 1.6 ThttOble amets Tanglble ftxed assets art Inlthlly nWurrd at and subsequently measured at cost or valuat10￿ net of deprtdltson IDd Impalrmeni los Depredauon Is rea)w￿ so as to wrfte off the cost or valuatlon of assets less thetr resldual values over thelr useful Ilves on the Idlowl￿ base*. The galn or loss arislng on the dlsposal of an asset Is delermlned as the dlfference between the sale proceeds and the (anyl￿ValUe ofthe asseL and ts reco8nlsed In net Income/(expendlturr) forthe year. The orlglAal value of the AIms1￿U5e￿ at the date thry were rtwtn85 In ￿rrent Ilabillde& The dwlty has elecied to ipply the provlslons of Sectlon I I 'Baslc Flnandal Instrumenw and Secdon 12 'Other Flnamla Instruments Issue< of FRS 102 to all of Its Ilnandal Instruments. Plnajxlal Instm￿ts •re recov￿￿ In the dwltys balance shert when the dwlty becomes party to the Ffjnar￿ assets aThd Uablllts art off5eL wlth the nrt amounts presented In the finandal statements. thtte ts a leplly eAfor¢eable rlght lo set off the recognlsed amounts and there Is an Intentlon to setde on a net bads or to reallse the assrtand St￿ the Ilablllty slmultaneously. 14 Scanned wlth CamScanner-; cs (kni Re￿*￿•1 115457S THE MELKSHAM ALMSHOUSES CHARITIES NOTESTO THE FINANCIAL STATEMEKfs {CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 l A¢<•wil•8 p•Mde• {C••ll•••d) Trade credlts)rs •re to p•y for or servkts that have blen acquked In the due w5th&n ofie yw ty les& lff DOL It*y are p￿SeNted as non￿1 wear and trar of the asset that axdd lead to ob50}ts￿ of the asseL Eath year the dwlty r￿¢w5 the •bove to establlshlf there ts anydwy In the expeded usefvl ljfe (rftsrylble •ssel& 3 Donadom and lepd 2024 2023 Donatlons and ￿fts 16 Scanned wlth CamScanner-; cs le4l#JadM 1154575 THE MELKSHAM ALMSHOUSES CHARITIES NOTFS TO ThE FINANCIAL sfAIEMENTS (coKfiNUED) FOR ThE YFAR ENDED31 DECEMBER 2024 1024 20U 2&46• 25,465 Totsl 2024 Totsl 2ozJ J.136 3.93$ Inve%1me￿ New H•ll FUNI 7x171 l•f th• yw ••d•d 31 D•¢Y•bor 2023 3.136 3.935 7,071 17 Scanned wlth CamScanner-; cs 0￿rIty Rot￿lI0n N￿ 1154S75 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Almshouw N¢w Hau F¥Ad Totil 2024 Tol*l 2023 Staff costs Depre(iadon and ImpalrrAent Insurance Telephone iuoo 6.431 &431 853 6.431 853 87 20￿79 347 469 216 1,016 1.152 62 3.540 333 27.478 27.478 341 163 Sybscrlptlofts Postase and stallonery 163 Watrr rates Travelllni expenses Sundry expenses 1.154 167 147 18 200 1.154 167 147 18 zoo 41252 soo 2300 41,752 2.300 54fi30 6,7SO Gmi olactlvltles (Ke note 7) Share olsupw1 costs (see note 8) gure olsovernance costs (see note 8) 1,197 50 1.197 50 2J94 100 1,804 100 42.499 I￿47 46546 63,284 AA•ty¥ts by fu Unresthctrd fvnds 41499 4W7 46546 S6534 6,750 42,499 4.047 46546 63.284 Por the year eBde4131 Deombr2023 Unrestrlcted funds Restrlded funds 54582 1,952 6,750 S6.S34 6.7SO S4582 702 63281 18 Scanned wlth CamScanner-; cs (kny Re*onOM Ilth 1154575 THE MELKSHAM ALMSHOUSES CHAIUTIES NOTFS TO THE FINANCIAL sfATEMElflS (COPrnNUED) FOR ThEYFARENDED31 DECEMBER2024 7 p•y•bl• 20Z4 2023 RI￿ Comm¥nlty Hall 200 Melksham MI￿￿ and Dance (J¥b Melksham Adventu￿ Centre soo 250 2JOO 4750 • Support c••ts Support Governance 2024 Z023 ZJ94 2J94 lrnjewwlefil Exwnln¢r lees 100 100 100 U94 100 1491 C￿nce costs Imludeg payments to the I￿Pendent exarnlner ol£lOO (2023: £100) for Independert examlnatlon fe¢& Atso Pa￿ to the I￿¢D1 ¢xamlner was £2J94 (2023: £IW) In respect ol the dwlty d￿rt￿ the year. 19 Scanned wlth CamScanner-; cs (knrlty Re￿trI￿on IIS4575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEMENTS (co￿riNuED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Employees Numberolemployee4 The average monlhly numberof employees dur1￿ theyear was: 2024 Number 2023 Number Employment costs 2024 2023 4I00 12,000 There were M employeesNl￿anAUal remunerddon was £60,000 or rnor I l Net plos/Oosses) 04 Invutmeuts Unrestrlcted Endowmeut lllnd$ 2024 fmnds 2024 2024Totsl 2023 Total Revaluadon ollnvesthients Galn/Ooss) on sale of Investments 3.73S 3,775 7510 14,095 3.73S 3,775 7501 14,095 For the year ended 31 December 2023 Ih03 12.492 14.095 20 Scanned wlth CamScanner-; cs C&aMy IIS4575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIALsfATEMEpifs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 T•4lble fixed Miets Refurf)lihMbe•t off At I lafvuary 2024 321SSZ At 31 Dettmbff 2024 321,552 At I lar*Uary 2024 64A78 6.431 At 31 Deceraber 2024 70,909 At 31 DeceAther 2024 250ffj43 At 31 Deceokn 2023 257M74 13 Ftsed ￿et l•vertfdents Ulled l•vestsDents Cost or nlvallott At J lanuary 2024 Valu•ilon 257334 7501 At 31 Deonther 2024 264.744 At 31 Decernber2024 264,744 At 31 Dec¢mi*r 2023 257,234 assrt thvestments cornwtse &. CIOFaurfda Ethkal Invutrn￿t Pund £264,744 (2023: £257234). 21 Scanned wlth CamScanner-; cs lknty Rè#*aU•a M 1151575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Debto 2024 Z023 Arnwnts falllw due wlthln one year. Trnde debto Other debwrs 2A)QO 15 overdrarts Z024 20Z3 4200 4200 Parable wlthln one yur Payable afterone year 4200 33fj00 4200 37WO 37.800 42.000 16 Credltorv. omoynts falllo8 due wlthln one year 2024 2023 4200 412 (70) 2578 42LM) 412 33S 1.744 18 Trade uedltors 7.120 17 Credl¢or* falllnl due after more than oneyear ZOZ4 2023 331JOO 37. 22 Scanned wlth CamScanner-; cs Chartty Na 1154575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Deferred IMco•e 2024 2023 Other deferred Income 412 412 19 EpdowmM¢ fu• Endowment fvnds represent a$5ets whlth must be held pemanently by the tharlty. Incoll￿ ar151￿ on eDd¢>wmeDt fundy (Jn be used In accordan￿ with the objects of the dwlty and Is Induded ai restslrted Any capllal or losses ar1￿￿ on the issets lorni partof the fun¢L l•w 2•24 A•d 2Q14 Permanent endowmejts New Hall FuDd 137.402 3.775 141,177 137,402 3.775 141.177 Prloryear zozj PerTnaDent endowmeots New Ilall Fund 124.9JO 12,492 137,402 IZ4.910 12A92 137h02 The New Hau Fund Investsiient ts a pumartnt endowft￿L The opltal (3nMt be spenL The Income ts restrlrttd and on be used for publk purposes beftew lo the In￿bIttnts of the area ol Mdksham and Melksham WithouL Scanned wlth CamScanner-; cs awrlty Re*tr•tlon Nth 115457S THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEMENTS (coKfiNUED) FOR THEYEAR ENDED 31 DECEMBER 2024 20 Restrlrted t￿￿ The Income funds of the charlty lndude reslTl¢tsd funds comprlslng the foll¢Jwln& unexpended balances of domtlons and 8rants hdd on trust for spedfic purposes: Balance at I lanuary2024 Resourc expended Balance at 31 December 2024 New Hall Fund (3ffj96) 4,008 312 Balance at I laDuary 2023 IncomlD8 Resour Balance at 31 Expended December 2023 Prlor year New Hall Fuod (881) 3.935 (6.750) (3.696) New Hall Pund - Investment held whlch Is desl8nated for publlc purposes to beneflt the Inhabltanls of the area of Melksham and Melksham WlthouL 24 Scanned wlth CamScanner-; cs awiiy Rtwmilon No. IIS4575 THE MELKSHAM ALMSHOUSES CHARITIES NOTES TO THE FINANCIAL sfATEMEifis [coKfiNUED) FOR THEYEAR ENDED 31 DECEMBER 2024 21 Uarestrfrted fun The Income funds o( the durfty Indude the follow1￿ desllnated funds whlch have been set aslde out of unre5trkl￿ funds by & trnstres ffor spedfic purposes: Bala*<¢ •t I lauuary 2024 R¢nlu•tloM B•l*#ce It 31 aod Drfember Irwfe 2024 Incoml Resour¢ resources expeoded Deslyuted New Hall Fund 24093 (4m7) 2270 24J16 General fvThls 334567 29508 (42.499) 1,465 323,041 funds 360h60 29508 (46546) 3.735 347357 B•knth¢e at I latsuary 2023 Revaluadom B•lan¢e It 31 galm and December nsferJ ZOZ3 Prlorye•r Incom1￿ Resources Deslgnated New Hall Fund 17,IS4 (1.952) iOM91 26,093 359836 2WI (54582) 712 334,567 funds 376.990 28.601 (56534) 11,603 360,660 New Hall Fund - Investment held whlth 1$ deslputed for publlc purposes to beneflt the Inhabllants ol the area of Melksham and Melksham WlthouL 25 Scanned wlth CamScanner-; cs •rfry Rrylmiioa N4 1154S7S THE MELKSHAM ALMSHOUSES CHARITIES NOTFS TO THE FINANCIAL sfATEMENTS (copifiNUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Eadowm¢•l fum Totsl Fuad b•l*•cN •t 31 Decembtr 2024 ar• represtoted br. Ta￿ble assets Investmenls Currtnt *ssets/(Ilabllllles) term Ilabultles 25Oh43 123255 7￿59 (33MI) 250M3 264.7 7SJ59 (33.600) 312 141.177 347JS7 312 141.177 488.846 Prfor year Tolal F*nd balancu at 31 Decewber 20Z3 0 represented br. Tanglble assets Inve5tsnents Cum¢ assetslolabllides) tem lknbllltles 2S7A174 123528 17I57 {37￿) 257,074 2S7.234 17,8S7 (37MOOJ (3￿96) 137,402 360M9 (3.696) 137,402 494J65 23 Related party traus•cdo•s There wern no disdosable rela¢ed pany trans•￿￿5 durln& the year (2023 . none). 26 Scanned wlth CamScanner-; cs