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 Pre￿￿t 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 effic￿nt 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 h￿den 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 De￿mber 2023 the final grant necessary to enable this project to prO￿d 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
repla￿d 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 s￿ned on t￿alf 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 atten￿n 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 a￿ountS 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• fi￿n¢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 fUnct￿nal currency of the entity.
Going concem
There are no material un￿rtain￿"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
ReStr￿ted 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 reSoUr￿S 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 Measur￿1. 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 pa￿Cular 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 activ￿eS, 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
be￿een 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,
ex￿pt to which it offsets any previous revaluation gain, in ¥th￿h 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 ValUa￿n 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 rneasu￿d 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 acc￿Unted 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 re￿iVed 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 (￿rr￿d 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 wh￿h the asset belongs. The cash-gener*"ng unit is the SMal￿t 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(￿th￿l1, 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 re￿iVed 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 perfo￿an￿related 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 PUbl￿ty 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 charaCterist￿S.
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 preV￿usty 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
dIre￿Y
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 [¢￿tin￿d}
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
In￿rne 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 r￿￿ed
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