CHARttY REGISTRATION NUMBER: 1161514 Hudswell Community Charity Unaudited Financial Statements 31 October 2024 IAN CRI Chartered accountants Unit 1, Borough House Business Centre, 5 Borough Road, Richmond. North Yorkshire DL10 4SX ou TAN
Hudswell Community Charity Financial Statements Year ended 31 October 2024 Page Trustees, annual report Independent examinefs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following pages do not form part of the financial statements Detailed statement of financial activities 19 Notes to the detailed statement of financial activities 20
Hudswell Community Charity Trustees. Annual Report Year ended 31 October 2024 The trustees Pret their reFQrt and the unaudited finanaal statements of the charity for the year ended 31 October 2024_ Reference and administrative delails Registered charity name Hudswell Communty Chanty Charity iegistration number 1161514 Principal office Sheep Dip Cottage Hudswejl Richmond North Yorkshire DL116BQ The trustees Rev M Fletcher Mr M T Booth Ms J A Sumner Mrs S C Fem-williams Mr I Whinray Mr P Simmonds Mrs H Swettenham Independent oxaminer Mr R I Crisop Unit 1, Borough House Business Centre, 5 8orough Road. Riehrnond, North Yorkshire DL10 4SX Structure. governance and management The Charity is govemed by a Ix)ard of trustees who meet on a regular basis and is constituted under the Chartrs. Ad 2011. Oblectlves and activities Charitable objects The prevention or relief of povety and the relief of sthess in Hudswell and the surrounding areas. Activities Hudswell Communtty Chanty fiEffills its objectsves through providing housing for tho* who are in need, providing grants to young people in htgher education and wth the rna1ntenan, improvement or provision of public amenities.
Hudswell Community Charity Trustees. Annual Report (eOftlin4*d) Year ended 31 October 2024 A¢hievements and perfomiance This was a very busy year for the Charity in whrch considerable progress vrds made on the IAYO major projects that we have been working on for the past few years. These were." New Plews Cottages Last year we reported that were in the final stages of negob"ating a mortgage agreement with the Charity Bank that would provide the final bl¢xk of funding we needed lo construd theses new homes. These negotiations were completed and wth planning permisston and desKJn proposals already in place to build three new eco homes, we were able to begin constructiors in late 2023. The collstruction of the homes was almost complete by the end of O¢totrkr 2024. Number 4,5 and 6 Plews Cottage5 are kit buitt, extremely well insulated and energy efficnt home, that are powered by solar panels located in the field below the cottages. Thi5 power is stored in batteries and used to heat the homes via far infra-red heating foil hden in the llingS. They are fvlty accessibk throughout and can be further adapted to meet residents needs. The heating arKI lights'ng wll be controled by sensors and a house management system_ We managed the Pfoject ourselves using local tradespeople and volunteer labour from the village when required. We have chosen the tenants and on share equity ownerltenant, all of whom have a strong local connection to Hudswell. They will be ready for occJJpab"on by late February 2025. St Michaels L(xlge In Dember 2023 the final grant necessary to enable this project to prOd was agreed by the govemment - this was a £250.000 grant from the Community Ownership Fund. This brought to level of grant aid secured lo £870,000 and whilst this was less than the £1 million that our Quantity Surveyor had indlcated would be needed to convert the chutch to a hostel, the tJustees were confident that, with careful project management, and the use of local tradespeople and some volunteer labour from trustees and other villagers. the works could be complelecl wrthin the sums we had available. Work began on the ac$$ road in January 2024 and conb.nued throughout the rest of the year. Converting a listed Victorian building into a modern hostel through a design that respects ils former use and it architectural and heritsge features ha5 been challenging and complicated. bul by the end of October 2024 we could see that the resutt was goin9 to be both attractive and functional. The hostel, to be known as St Michaels Lodge, will have six bedrooms located on floor. each with an ensuite shower room. The chancel will retain tts fvll hight and wll house the residents dining room and lounge The fomier vesty wll house the kitthell_ The wndows wll have secondary double glazing, and insulation has been added to the roof and the walls wherever possible. The old slate roof has been removed and replad with the new slates to match on the north side and wth solar slates that will produ electricity on the south side. As in the homes this Fthver wll be stored in batteries and the heating in the rooms will be via far infra-red foil. There 11 also be a wood buming stove in the residenvs lounge. 11 is hoped that St Michaels Lodge will te opened in May 2025. Oue other work has also continued and is summarised behxi. Plews and Thompson Cottages Our existing six homes have all been fulty let throughoul the year. Some of older Plews Cottages ¢ontinue lo be affected by dampness, and we have initiated a programme of work to address this issue through enhanced insulab.on and improved heats.ng systems. Education Fund and small grants The Education Fund provtdes grant to any young person in Hudswell who Ès in higher or further education. Over the past year Iwo such grants have been agreed and one small grant towards the cost the Hudswell Chiklren's Christmas Party.
Hudswell Community Charity Trustees. Annual Report (conlinuedj Year ended 31 October 2024 Financial review It is the goal of the Charity to maintain unrestricted funds at a level that equates to approximatety 3 months unrestricted expenditure. This would provide sufficient funds to covei management, administration and support costs in adverse u)ndrtions. The trustees. annual reF¥Jrt was approved on 8 April 2025 arml sned on talf of the board of trustees by-. Mr M T Bcx)th Trustee
Hudswell Community Charity Independent Examinerfs Report to the Trustees of Hudswell Community Charity Year ended 31 October 2024 I report to the trustees on my examination of the financkal statements of Hudswell Communty Charity I'lhe charity'l for the year ended 31 October 2024. Responsibilities and basis of report As the Iruslees of the charity you are reswnsible for the preparation of the finanaal statements in accordan with the requirements of the Charities Act 2011 {Xhe ACYI. report in respect of my examination of the chaws financial statements carried out under section 145 of the 2011 Act and in carrying out my examinakn.on I have folk)wed all the applicable Directions given by the Charity Commission under seth.on 145{51{bl of the Act Independent examinorfs Statement Since the charity's gross income exceeded £250,LK)O your examiner must be a member of a body listed in section 145 of the 2011 Act. I confim that l am qualified to undertake the examination because l am a member of the Inststute of Chartered Accountants in England and Wales {ICAEW}, which is one of the listed bodies. I have completed my examinalK. I confiryn that no material matters have come to my attenn in connection wth the examination giving me cause to believe that in any material respect.. accounting records We not kept in resF*Ct of the charity as required by section 130 of the or the finanryal statements do not a([d with those records.. or the financial statements do not compty with the applicable requirements conceming the fomi and content of aountS set out in the chariti.es {Accounts and Reports) Regulations 2008 other than any requirement that the account5 give a 'true and fairf view which is not a matter cons¢dered as part of an independent examinat"on. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this re%)rt in order to enable a proper understanding of the accounts to be reached. Mr R I Ctisop Independent Examiner Unit 1, Borough House Business Centre, 5 Borough Road, Richmond, North Yorkshire DL10 4SX 8 April 2025
Hudswell Community Charity Statement of Financial Aclivilies Year ended 31 October 2024 2024 Unrestricted Restncbj funds nds Total funds Totsl funds 2023 Income and endowments Donations and gaCleS Charitable activities Investment income 49.100 3,136 40.709 92,945 364.341 413,441 3,136 40,709 364,780 36,053 403,699 Total Income 364,341 457,286 Expenditure Expenditure on charitable actsvibes Tolal expendFture 67,228 67,228 67,228 53,955 67,228 53,955 Net Ineorne 25.717 364,341 390,058 349,744 Transfers between fijnds 541,427 (541.4271 Other recognised gains and losses Fair value movements 3.018 3.018 854 Net movement in funds 570.162 (177.086) 393.076 350,598 Reconciliation of funds Total funds brought forward Total funds carried fofward 487.482 1.057,644 322,907 810.389 459,791 810,389 145,821 1.203.465 The statement of financial activitses includes 211 gains and losses recc*3nised in the year. All income and expenditure derive from continuing aclNilies. The notss on pAge$ 7 to 17 form part of thes• fin¢la1 staternents.
Hudswell Community Charity Statement of Financial Position 31 October 2024 2024 2023 Fixed assets Tangible fixed assets Investments 13 1.442,904 14 7,039 1,449,943 644.172 27,021 671,193 Current assets Debtors Cash al bank and in hand 15 45.542 171,071 368.542 216,613 368,542 CrBditor8: amounts falling due within one year Net currenl assets 16 17.203 19,093 349.449 199,410 Total assets less Current liabilitie5 1,649,353 1,020.642 Creditors: amounts falling due after more than one year Net assets 17 445,888 210,253 810,389 1,203,465 Funds of the charity Restricted funds Unrestricted funds 145,821 1,057,644 322,907 487,482 810.389 Total charity funds 1,203,465 These financial statements were approved by the board of trustees and authorised for issue on 8 April 2025, and are signed on behalf of the board by". MrMTBooth Trustee Th• notrs on pag9$ 7 to 17 forni part of these financial ststwnents.
Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2024 General infomiation The charty is a public benefft entity and a registered charity in England and Wales and is unincorporated. The address of the principal office 15 Sheep Dip Cottage, H4Jdswell, Richmond, North Yorkshire. DLI 16BQ. Statement of compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable ill the UK and the Republic of Ireland., the Statement of Recommended Practice appli¢atJe to chartti.es preparing their accounts in accordance with the Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP {FRS 1021) and the Charities Aci 2011. Accountlng pollcles Basis of preparation The financial ststements have en prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterfing. which is the fUnctnal currency of the entity. Going concem There are no material unrtain"es atout the charivs abilrty to conts'nue. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management lo make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experien and other factors, including expectabons of future events that are believed lo be reasonable under the Circumstan$. d judgements are conlinualty reviewed and are based on experience and other factors, including expectations of future events that are believed to be aSonable under the circumstances. Fund accounting Unrestricted funds are available for use at Ihe dixretion of the trustees to further any of the charity's putposes. Designated ftsnds are unrestricted funds eamiarked by the tnjstees for particular future project or commitment ReStrted funds are subjected to restrictsons on their expenditure dedared by the donor or through the terms of an appeal, and fall into one of sulFdasses". restn.cted income fijnds or endowment funds.
Hudswell Community Charity Notes to the Financial Statements (tonfrnuod) Year ended 31 October 2024 Accounting policies (eojiiin In¢oming resources Ail incoming reSoUrS are included in the statement of financial activities when entrtlement has passed to the charity," rt is probable that the economic beneffts associated wth the transaction will flow to the chanty and the amoLtnt can be reliabty Measur1. The followng specific policies are applied to particular categories of income: income from donatK)ns or grants is recc¥Jnised when there is evidence of enbWement to the grfL receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probab and entiuement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which ¢2se the value is derived from the Cost to the donor or the est4"mated resale value. Donated facilibes al services are recognised ill the accounts when received rf the value can be reliably measured. No amounts are induded for the contribution of general volunteers. income from contracts for the supply of services is recognised WFth the delivery of the contracted service. This is classified as unrestncted funds unless there is a contractual requifftment for it lo be spent on a paCular purpose and retumed rf unspenL in which case it may be regarded as restrKtsI. Resources expended Expenditure is recognised on an accnJals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fulty recovered, and is classified under headings of the statement of financial actrvities to which it relates.. expenditure on raising funds includes the costs of all fundraising activities. events, non- charrtable trading activeS, and the Sa of donated goods. expenditure on charitable activrties indudes all costs incurred by a charity in undertdking activities that further tts charrtable airns for the benefft of its teneficiaries, including those SUPF)Ort costs and costs retab.ng to the governan of the charity apportioned lo charitable acbvilies. other expendthre indudes all expendilu that is neither related to raising funds for the charity nor part of ils expenditure on charitable acbvibes. All costs are allocated to experKJrture categories flectIng the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that activty. Shared costs are apporhoned beeen the activities they contribute to on a reasonable. justtfiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost. and subsequently ststed at cost les5 any accumulated depreciation and impairmenl tosses. Any tsngible assets carried al revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciatK)n and subsequent acojmulated impaimient bsses.
Hudswell Community Charity Notes to the Financial Statements Year ended 31 October 2024 Accountlng policies (conbrtirtd) Tanglble assets (eoftiinuodj An increase in the carying amount of an asset as a resu of a revaluab"on, is recognised in other recognised gains and losse5, unless r( reverses a charge for impaimient that has previously been recognised as expenditLfre wthin the ststement of financial activitFes. A decrease in the carrying amount of an asset as a result of revaluab"on, is rwnised in other recognised gain5 and losses, expt to which it offsets any previous revaluation gain, in ¥thh case the loss is shown within other recognised gains and losses on the statement of financial *ivities. Depreciation Depreciation is calculated so as to write off the cost or ValUan of an asset, les5 its residual value, over the useful economic life of that asset as follows.. Freehold property Plant and machinery 1 % straight line 10% straight line Investments Unlisted equity investments are initr.alty recorded at cost. and subsequently measured at fair value. If fair value cannot be reliabty measur8J, assets are measured at cost less impairment. Listed investments are rneasud at fair value with ¢hanges in fair value teing recognised in income or expendttute. Investments in associates Investments in associates accounted for in accordance with the cost m(NJel are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordan wilh the fair value mcxyel are initially recorded at the transaction price. At each repotting date, the investrnents are measured al fair value, with changes in fair value taken throltgh income or expenditu. Where il is impracticable to measure fair value reliably without undue cost or efforL the cost model will be adopted. Divtdends and other distn"buts"ons receNed from the investment are reccyjnised as income without ard to whether the distn"butions are from accumulated profits of the associate ansing before or after the date of acquisition. Investments In joint ventures Investments in jointy ¢x)ntrolled entstses accounted for in accordance wilh the cost model are recorded at cost less any accumuL3ted impaitrnent losses. Investments in jointty controlled entities accUnted for in accordance with the fair value Model are initially recorded at the transath.on Pri. At each reporb.ng date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliabty wthout undue cost or effort the cost model will be adopted.
Hudswell Community Charity Notss to the Financial Statements (¢onfrnu8dJ Year ended 31 October 2024 Accountlng policigs (¢tinUe Investments in Joint ventures (conllnuedj Dividends and other distributions reiVed from the investment are recognised as income without regard to whether the disth'butDns are from accumulated profits of the joint venture arising before or after the date of acquisibon. Impairment of rtxed assets A review for indicators of impainnent is (rrd out at each reporting date, with the recoverable amount being estimated ere such indicators exist Where the carying value exceeds the recoverable amount, the assel is impaired ordinglY. Pfior impairments are also reviewed for possible reversal at each reFX)rting date. For the purposes of impaimient tests"ng, when tt is not F4)ssible to esbmate the recoverable amount of an individual assel an esb.mate is made of the recoverabk amount of the cash- generating unrt to whh the asset belongs. The cash-gener*"ng unit is the SMalt identifiable group of assets that includes the asset and generates cash inflows that largety independent of the sh infiows from other assets or groups of assets. For impaim)ent tesb.ng of g(thl1, the g(x)dwill ao]uired in a business combination is, from the acquisition date, allor2ted lo each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespethe of whether other assets or liabillties of the charity are assigned to those units. Government grants Govemment grants are recognised at the fair value of the asset reiVed or r6reivable. Grants are not recognised unts"l there is reasonable assurance that the charity wll comply with the conditions attaching to them and the grants will be received. Where the grant does not impose sFecir future perfoanrelated condib'ons on the recipienL rt is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specffied ftrture rf0m7anctrTeIated conditions on the recipient, il is recognised in income onty when the perfomance-related condit40ns have been met. Where grants received are prior to satisfw.ng the revenue recogniti.on criteria, they are recognised as a Financial instruments A financial a55et or a financial liabilty is recognised onty when the chanty becomes a party to the contractual provisions of the instrument Basic financial instruments are initialty reeognised at the amount reoivable or payable including any related transaction costs. Current assets and current liabilrties are subsequenty measured at the cash or other considerab.on expected to be paid or receNed and not discounted. Debt instruments are subsequentty measured at amorb.sed cost. 10
Hudswell Community Charity Notes to the Financial Statements (continue Year ended 31 October 2024 Accounting policies fc Financial instruments (conllftued) Where investments in shares are PUblty traded or their fair value can otherwise be measured reliably, the investment is subsequenlly measured at fair value wtth changes in fair value recognised in income and expendtiure. All other such investments are subsequently measured al cost less impairment. Other financial instruments, including derivabves, are intts.alty recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rale of interest that is not a market rate, in which case the asset is measured at the present value of the frjture payments discoLtnted al a market rate of interest for a similar debt instrument. Other financial instruments are subsequenuy measured at fair value, any changes recognised in the statement of financLal actÉvrties. with the excepb.on of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are rev for objective evidence of impaimient al the end of each reporting date. If there 15 objective evidence of impairment, an impairment loss is reeognised under the appropriate heading in the statement of financial activities in which the initial gain was recojnised. For all equty instTuments regardless of sIgnffiCan, and other financial assets that are individually significant. these are assessed individually for impairment. Other financial assets are either assessed individually or grout*d on the basis of similar credit risk charaCteristS. Any reversals of impairnient are recognised immediately. lo the exterFt that the reversal does not result in a carying amount of the financ¢al asset that exceeds what the carying amount would have been had the impaimient not preVusty ben recognised. Donations and legacies Unrestricted Reslricted Total Funds Funds Funds 2024 Grants Grants 49,1CKJ 364,341 413,441 unrestn.cted Funds Restn"cted Total Funds Funds 2023 Grants Grants 13,075 351,705 364,780 11
Hudswell Community Charity Notes to the Financial Statements (cothu6dJ Year ended 31 October 2024 Charitable a¢tiviligS Unrestrrcted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Renewable energy Other income 2,764 372 2.764 372 2,866 2,866 3,136 3.136 2,866 2.866 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 RerFI and utilities contribution received Bank interest receNable 35,677 5,032 40,709 35.677 5.032 33,895 2,158 33,895 2.158 40,709 36,053 36,053 Expenditure on charÉtable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Charitable activty 67,228 67,228 unrestn.eted Funds Restricted Total Funds Funds 2023 Charitable actNity 38.014 15,941 53,955 Expenditure on eharltable activitses by activity type Activitie5 undertaken Total funds dIreY 2024 Total fund 2023 Charitable actwrty 67,228 67,228 53.955 Net income Nel income is stated after chargin(cred[ling). 2024 2023 Depreciab"on of tangible fixed assets 15,862 12,090 12
Hudswell Community Charity Notes to the Financial Statements {ntinUed) Year ended 31 October 2024 10. Independenl examination fees 2024 2023 Fees payable to the independent examiner for_ Independent examination of the financial statements 730 700 11. Stsff costs The average head count of emptyees during the year bwas Nil {2023." Nil). No employee receNed employee benefits of more than £60.000 during the year12023'. Nil). 12. TTUStee remuneration and expens No remunerats.on or other beneffts from empbyment th the chanty or a related entity were received by the trustees. 13. Tangible fixed assets Freehold Plant and property machinery Total Cost At 1 November 2023 Additions 684,717 814,594 1,499,311 8.695 693,412 814,594 1.508,0( At 31 October 2024 6.695 Depreciation At 1 November 2023 Charge for the year At 31 October 2024 44,026 14,993 5,214 49,240 15,862 59,019 6.083 65,102 Carrylng amoun* At 31 October 2024 1,440,292 2.612 1,442,904 At 31 OGtoiEr 2023 640,691 3,481 644, 172 13
Hudswell Community Charity Notes to the Financial Ststements (ttythuod) Year ended 31 October 2024 14. Inveslments Other investments Cost or valuation At 1 November 2023 Additions Disposals Fair value movements 27,021 (23,0001 3,018 At 31 October 2024 7,039 Impairment At 1 November 2023 and 31 October 2024 Carrying amount At 31 October 2024 7,039 27,021 At 31 October 2023 All investments shown above are held at valu*ion. 15. Debtors 2024 2023 other debtors 45,542 16. Creditors: amounts falling due wlthin one year 2024 2023 Bank loans and overdrafts Accruals and deferred income 5,000 12,203 7.000 12,093 17,203 19,093 17. Creditors: amounts falling due after moro than one year 2024 2023 Bank loans and overdrafts 445,888 210,253 18. Deferred income 2024 2023 Atnount deferred in year 11,013 11.013 14
Hudswell Community Charity Notss to the Financial Statements [¢tind} Year ended 31 October 2024 19. Govemment grants The amounts reccgnised in the financial statements for govemment grants are as follows.. 2024 2023 Recognised in creditors.. Deferred govemment grants due vthhin one year 11,013 11,013 20. Analysis of charftable funds Unrestricted funds At 1 Nov 2023 Gains and At losses 31 Oct 2024 Income Expend[lU Transfers General funds Fair value reserve 485,461 2,021 92.945 167,228) 541.427 1,052,605 3,018 5,039 3.018 1,057,844 487,482 92,945 {67,228) 541.427 At 1 Nov 2022 Gains and Al losses 31 Oct 2023 Inrne Expenditure Transfers General fvnds Fair value reserve 458,624 1,167 51,994 {38.014) 12,857 485,461 2,021 854 459,791 51,994 {38,014} 12,857 854 487,482 15
Hudswell Community Charity Notes to the Financial Statements (c(wJtinuedJ Year ended 31 October 2024 20. Analysls of charitable funts (coAbft Restricted funds At 1 Nov 2023 Gains and At losses 31 Oct 2024 Income Expenditure Transfers Housing Grant RDC Hudswell Origins Grant Garfield Weston Community nership Fund UKSPF 316.127 (316,127) 6.780 16.7800 {3.4681 50.OLNJ 46,532 137. 176.381 138.6711 (176,381) 364.341 (541.4271 99,289 322,907 145,821 At 1 Nov 2022 Gains and At losses 31 Oct 2023 Income Expenditure Transfers Church Affordab Grant Housing Grant RDC Hudswell Origins Granl 18.000 {5.1431 {12.8571 325,000 18.873> 316.127 8,705 {1.9251 6,780 351.705 115,9411 {12,8571 322,907 16
Hudswell Community Charity Notes to the Financial Ststements (conknuedj Year ended 31 October 2024 21. Analysis of net assets between funds Unrestricted Restricted Total FuTrds Funds Funds 2024 Tangible fixed assets Investments Cutrenl assets Creditors less than 1 year Creditors greater than 1 year Net assets 1.442,904 7,039 70,792 117,2031 (445.8881 1.057,644 1.442,904 7,039 216,613 (17,2031 {445,8881 1.203,465 145.821 145.821 Unrestricted Funds Restricte(l Total Funds Funds 2023 Tangible fixed assets Investment5 Current assets Creditors less than 1 year Creditors greater than 1 year Not assets 671,193 671.193 45,635 119,093) 1210,253) 487,482 322,907 368,542 119,0931 {210,2531 810,389 322,907 The Restricted Fund relates to a feasibility study in connection with potential future building works. 17
Hudswell Community Charity Management Inforniation Year ended 31 October 2024 The following pages do not fonn pari of the financial statements. 18
Hudswell Community Charity Detailed Statsment of Financial Activities Year ended 31 October 2024 2024 2023 Income and endowments Donatlons and legacies Grants 413,441 364,780 ChaTitsble actfvlties Renewable energy Other income 2,764 372 3,136 2,866 Investment iTr¢ome Rent and utilities contrrbutton red Bank interest receivable 35,677 5,032 33,895 2.158 40,709 36,053 Total Ineome 457,286 403,699 Expendlture Expenditure on charitsble a¢tivities 147 2.568 12,243 800 3.603 15,862 32.005 Repairs and maintenan Insurance Accountancy Legal and professional fees Depreciation Mortgage interest and bank charges Sundry expenses Donations 2,714 14,439 818 4,515 12,090 18,025 35 830 67,228 53,955 Total expendituro 67,228 53.955 Net income 390.058 349,744 19
Hudswell Community Charity Notes to the Detailed Statement of Financial Activities Year ended 31 October 2024 2024 2023 Expenditure on charitable activilies Activities undertaken directly utiif(ies Repairs & maintenan Insuran Accountancy Legal and professional fees Depreciation Mortgage interest and bank charges Sundry expenses Donab"ons 147 2,568 12,243 800 3.603 15,862 32.005 489 2,714 14,439 818 4,515 12,090 18,025 35 830 67,228 53,955 Expendlture on charilable activities 67,228 53,955 20