DocusvJn Enveknp ID.. 34D978B>2W-493C-Agf.1A32EDABCA Chwlty R*tratton No: 1163305 The Shepherdsmead Trust Report of the truslees and audited financlal statemenls for the year ended 5th April 2024
Thè Shgphgrdsmgad Trust Pag•s Ref9r9nc8 and administrative detaLs Report of the tnjstees IndewKlenl auditorfs rèFXWt Statement offinanud aCttreS 10. 12.-16. Nc4es to the finanry* statem
The Shephord$moad Tn Refernnce and administralive deiails lor the r •nded 5th Charity name: R•gi*•rod ¢harlty number: Mr Danid Jamès Mr Adrtan JaThs Mr Stephen J KnhJht Mr Adrkan T Flyal Mr Paul Ichawl Tr•asurer: Mr J Young Prlncipal address: S Nightingate Road almiThJ Surrey GU7 3AG InWnd¢nt authtw. David Brown FCA Brovm Wamer LLP 38 Northgale Newark-on-Trent NQth"nghahi 24 1EZ Bankers: 4 Worplesdon Flo1 Guikffo Surrey GU2 6RL Pago 1
The Shgpherdsmead Trust Report of tho trustees lor the ar ended 5th Tho tru$t8e5 ly0t their tep(xt akng lh8 finarnial staternwts of Ihe ChaiTty lor th8 yèar ended 5th April 2024. The fvwickal StaternL% have been we5Hred the lting pa1 set ¢JJt pages 12 aThJ 13 LxxnKty Vth the Deed aFF4icable law. Stru¢turn. go¥oman¢• ond managenwnt Govèmlng docurn¢nt The shephgrd8M Trust is an rrportied Intst o)nsI[ by De&J of Trust (lated 6th Juty 1982. most rEcEntlyamended by DsEd of variat dat 12th Augstst a)14. The Trust regtst8r8d Ihè Charity ComrnBsK)n fc¥ and Wal&% 25th 2015 Charity Registrab"on Number.. 11&9305 The romes of the Tnjstees have s81V the year and sinca tho yw end arg set out c page 1. Ncffle of Ihe Trusteès, any person wth thom, rewvw$ any ramuneratyon r extW50s hom the Charity in the year end•d 5 n12024(2023.. £niQ. The Trust operates a hdl Trtee$ are (hxen fr(Th WLAar wngrggatw)n ol the hall. New TNBtees are Trjminatsd by the exBting Trustees or by the 1X)nwatiL and mLtst be apwMnt8d by UnanImJS resoluti of Ihè eL¥)gr6gabc). Try are lectoJ accorrling io their skilLs and experiw and are exp8Ctod to LLse tx)th in furtherrw of Charity. Checks arè made to Ensur& Ihe Trustees, eltraibilty to t •XKI inc>)ming Tnjstees are made awEre of Iheir knsIbIliti by the $tyng Truste8S. that new Tntrs r8ad th8 TrLtst De&J and Want Clwity GnMissiOn gu#Jarne. Imdar n•lwork The Tnjstees maintan nformal lith %Mih sirnir (kntias a vivw b) pcdirvJ eyr•¢o ¢)nsKlered us8lul Iho t)bJ"ects of the Chajity. The charty d80 mWn1w Fwtic#Jfar links wlh lh8 Ea5tbrLM)k Tntst Alh li shares members of ts grogaticffi. Risk m•ngg•m•nt Ihat they have establish systems C prowlures io manage 8nd mibyate thosè rtsks. The semces of CItath LsrThtrd and UBT IEU} are relaingd lor ttws wr. Obtlves and acllvttl•s ObiKtiw¥ $nd #im b8rl, including by the Carry on ol seNic£ of God aX4)rd wih the Old and New Testaments of Ihe Hoty Bibk &8 f104 by Ilw chrtr forming part oftt voNI.widè fdkpIp knowi as the Ptyrth Brethrgn Christyan Ghurth (the "Brethren'l arKJ any otlw (artsble puri (x)m8ct y1h B18thr. The iyjre of Ihe Brelhren and prac. in hjrtheranco ol rtain aspects of dCKIrir are sumrnwis&Y vj SCeIe$ lo Ihe Deed. Page 2
Doutsign EnveFe W).. D972B&K493C-Ag07.1A32E[ACc Th¢ Shephtrd8moad Tru Report of Ihe trustses for the ar ended 5th ri12W24 Publi¢ b•n•fft The Tte8$ confimi that Ihey have Compl wilh tsir ckty whyer sectll 4 of tho Charilles Act 2011 to have due regard to the Charity Cornmission's general guijance to th3rities on putliG benefit Maln athlts and achi•vwMr)ts Th8 Trust prov18$ and maiilains a Ll)spel hall fiere relhJK) rngetings are by the k)cal 8r&lhren o)mmunty. Dthls of the origns, teachrys lrfe of the Brethren can be fwnd c Plan$ for fuluro porlod8 Th8 Tnjst pLons to ¢x•)thnue the thrfies. Meevngs M68tings held at the gospel haN Iude the Lord's Suprm (Commun1, Gosp81 we8th1rs, Bibl8 readir and Bole addr&ses. There is a Stred weekty of m• aThJ, dnth'ng on m80tiTh> attwJ•J by wuLar Cjregab and mc6t are ow) to other proFerfy disposed sitors. The noire wtsKle Ihe Hdl ekomes SIt015 and shAS a Id8rthrxt8 numbèrlor those seeklng fur11r infomwtion or hdp. G• Iwacts, are dtstribured by street preachet3, aLso disrAaythis inftjrrnakn. Bibles and an extensNe rnnge ol other Chrstian dtspky at thè hall and sitows aro frèt to hdp thr6ee8. Spreading the Gospel rnesgage and th• Ill• of a Chrtsti The GP8[ hall is a base the regutar ¢xThjregat others alt6rvJ thg rne9bngs are wwuragwj to spread Ihe Chrtslwi Gosp81. in M)rd deed. Members of th8 o)ngrWKMI vulkl a kyogramme of Stet Keadiing and Gospd tracts W1 fraè of Larg8 by the Charrty to preathers kn bg handed out to interest1 [neMr& of the LhJTing th& yaar aPp¥DX over 1.C¥)O tracts harthy cHJt at OV 100 preachings. In to the above thTbes, Th SheFththnead Trust has (k)n#tl ap. £9.21K) to the frJlJoYawJ kxal inststulK)ns.' Norfh Iklord F¢xMJ Ba Number 5 Ploit Hwel(>xlaJmwvJ T&V GO(mg & VilkgES Donatioro have cortststsd of: rAcs Chilkd lrtmt Chilkny B8kgry Paye 3
Docu5wJn En%bFé10." 3lD978B>2493c7.lA32EDAA[C Tho Sh¢pherd8mead Tru81 Report of the trustees for the ar ended 5th nl 21r24 Obl•ctl¥e8 arKI activil Spr•adlNJ the GPe1 message TaKI the Ilfe of a Chrl8tlon con Addthnalty MeMt of the c¥)twJregakn regW vokrter tr) wrpyl WKI Relief T88m, . separate charity. Duwo Ihe yw Ihey pro-actre at fv Iv0¥n9 events and iridents.. 25th ju 21JZJ. gJptMNted firefighters with a mgal at Hardeywitney hpath fve Zjrd Septerrthr 8JZ3 . 8Upwrt S(MTey Ho$tal cThnmLmrty open day by 31si January 2024 - a Ma at an Thjusti unli fire in FamlYJrough Mèmbers dso alterKlod tN)Ih and Compkn) Partsh CumL?I meetings offered yjpport for k)cat causes i.e. an AED defitdlator lor Artwigkn Partsh Ccxtt¥l and 9JPP)rt for a pL8y area on the Villa green for Compton Parish Cr. In carrying ¢urt ttu8 MDrk. Ihe ¢x)EMJregatKm itself to tr Iving ts faith n ptaraice, as par"¢U exempW kn tr exts Imm 1he sd¢Je lo the Trttst Deeil on Ing a Chii5tran life.. We seek and are to fve exempkry liv in all wr relabcffiships v+ilh others in Ihe ler wmmunty cMthdg forrner Brelhrenl. in arxordance ith the t8athmg3 ol Ho Scripttjre (1 firn 2..21 We Teguw go ¢)Jt frcffl wr t crt the streets. bj di8tritr#JÈe Christian 1it8rature and engage th Ihe wJer o)rnmunty lorner Brethren) in order to present etemal safvalNM, alabl0 all by fasth in ja Christ. (2 Tim 4... We seek as msmbèrs of Ih& to 181 Chrtsn Irv8¥ hust and wives. ar. childr. empws, emFW aTrJ neightxJrs. {CA)13.'22.25, c 4.'11. as a bThJ from (kny. (Psalm 127:&5). The are Val Members of the Hoty Suipbjre MMaa$ to t rN)hly)S b) oths, aThJ dèal (trthar pEop]e Inlng forrner Btethrenl Opty. and Iwty and (61Stt V+ith Ihese ilpleS, we thId gwe time, taknts and nN)rw b) asstst trw)se rked n the wider communty. in 80 far &8 rebIg gpMI wr abilitses ryjr aVw1ate resources. (Matt 7..12. Matt 22.'39, Eph 4.'28). Fundlng Jnding ts scyjght throuth grfls from tho oxwgatth and f¥t is d811 glw•tAg (kyvlKTh. Flnanclal FIna[al 1110 In the year 8nded %h Apnl 21Y24 th8 Tftl a deftxl rf r#xYnry resources ovw resources expeThJed. Thks deftit was due to granting funds to an 8ffithatèJ trLtst arKI akn due to dÈpreckqticn i.e. a rN)n cash item. Tal votsJ)tsJy w)me IhFs yeaf was £588,781 £99,689 in the plOu$ year. Pao•4
The shepherdsm Trust Report ol tho trusto&s for the ar ended 5th rf12024 Finandal poBlllon ¢onid. All Itnjs h91d re unr8$1ed ILnts. Re89rves policy The Trustees have the levd of resewes tw vash lo retain. approprth to the tharity8 neIs, ba1 it5 Siz8 th8 (Sf ts ffirta Mmrn8r11& ThB TrLL5t has ernOY&S aTh s ¢xrt9)Ir minimal. l4xrdIr¥jIy. Ihe Tnjstees have to adopt a policy of maintsining no signkn r8S8NSS. tr. furKls oJmutated from sale ol prDph" arè eurrentty being retain1 in Ord to gJpwrt bJtsJre new hall ne&ts. The ThJr998 is kept regvkty inlorned as to partuLar n$ foT IwKls, and Oltr rdevant rrkn and th8 Tnte85 to ansure Ihat tho Clwity ill be ab to c£Jnts"nue io fulfil its chantth £4"thes ev rf there ts a temkKJrary shortlajl in Free rese$ atttw yew end w¢ £ 1.849.210 {20TJ: £3.rx)4.8261. Stat•m•nt of trustee¥, reopwibilrlie• Generty Accepted AccoLnting PraciKel. The law appIlble to rlwFbes EIaTrI & Wales rwiires IrtK¥tees Io wop8r8 financial statements for each yw give a true and fair of the state ol affairs of the charty and of the in(x)rning reScAji and applicatm ol resowcos of thè dwity ts that wi(xl. In bl ob$8rvg the methcxb p1pS (Xrrty SORP (FRS 11Y2),' st vkneth appr1¢2b actntry 5taThYarts have &Jtieetto any rnaterial departur8s di8dcÉed and explanal in th¢ ffinar sts19m15. pr8sum8 that Ihe tharity 11 cthliiue bA"ness. aeaJrpLy at any time 1he finartial of the rawrty and Ih8m to ensure Ihat the finaw slatements o)mply wih th8 cribeS Act aJ11. Chtirtb8s (Awunts a1 Rerts) Regulations 20CÉ and the t)rovBMyts of the trust dal. They arg also for safewrding the a839ts of tha chthy and heEKe ts taking reasonab Ihg pr9Vwtw aTrJ d&tion ot fraud and other On behalf ol the board.. 29-01-2oLS- Mr Paul White (Charl Page 5
Do¢vn ID.. 34o978B>2B&4493c-A907.1A32EDAK I I IF QIlFyil¥U•IIIVaU I l Uai INDEPENDENT AUDITOR'S REPORT TO THE SHEPHERDSMEAD TRUST Oplnlon We have audit1 th8 financxd statements of The Shephertsmead Trust {the Ihe trusy) the year ended 5 April 2024 which comprise the statement of financid acblieS, the ban sheet and the notes to the financial statements. including a summary of signifant aceourlting poliue5. The finanaal reporting framework that has been applied in their preparation is applicable law and United lfjngdom Accounting StrnddS. induding Financial Repong Stsndard 102 The Firtancid ReportiThJ Standd applic8 in the UK and Republic of Ireland (United lfjngdom Generally epted Practice). In our oynion the accounts.. gwe a true and Ir wew of the state of the chartys affaws as at 51h Awl 2024 aThJ of incoming iestYSC8s and applicalion of resources, lor the year then ended., have been wop8rfy prepar8d in adan with UThled lfjngdom Generdly A(ptsd Acs)untiThJ Pracce; and have been prepared in actordance Y1h th8 requiremerts of the Charibes Art 2011. Ba818 tor oplnlon We conducted our audit in accordarKe wilh Intemational Standards on AMditing (UK) (ISAS IUIQ) and aPpCable law. Our responsibilities under those st8J)dards are lurther described in Ihe Audilorfs responsibil88 for the audit 01 thg financia statsments soction of rewrt We independent of the the trust in accordance wtth the ethical requirements that are rèlevant to our alIt of the financial 51atemerts in the UK. induding the FRC'S Ethical Stsndard, and we have knlfilled our other ethicd responsibilities in accordance with these requirements. We believe that the audr( ewd8nce w8 have obtaned i8 sutfioent and appropriate to provide a b&8is lor our Cf)inion. C¢Mclusions rolating to golng concem We have nothirtg to report in re4)ect of the followng matters in relalion to whth Ihe ISAS {UK) raquire us to report to you where: the trustge's use of the goirwJ corwn b&8i8 of accwnling in the preparation of th& finanoal statements is not appropfiate., or the trustees have Th)t disclosed in the fin8llci statements any identified matorid unc8rtainti88 that may cast significant doubt about tho the IrusY5 ability to continue to adopt the gcAThJ corwn basis of accounting for a period of at least months from the dats the financial statements are authoiised lor issue. Olher Irrformatlon Th6 trustses are responsible tor the other infomialion. The other infomiation Comprkw the information indudwj in the annuat report. other than the ffinanCI ststements and our auditorfs rerM)rt thereon. Our opinion on the linanci81 statements does not COV8r the other InformalM and we do not express any fom ol assuTance condusion thereon. In comeclion 1h our audit of the kniial Statem3. our restN)nsibilty 15 to read the other informalion and, In doing so. consider vthether the other Information matsrialty inconsrstent vriih the finartctJ statements LY our knowledge obtained in the audit or otheNse appea to bo materialty misstaled. If we Klenty such material inconsistencies or apparent Materi misstatements. we are required to d8tem)in8 wthether there 15 a mer1 misstatement in the ffinal statements or a malerial mk8Ststement of the other infomialion. if, based on the worf( we have perforJned, we conclude that there 1$ a Mala1 MISSernent of thk% other informati, we are reqred to report that lact We have nothing to report in thi% regard. Matters on whlch we are requir•d to report by èx¢gptlon We have nothing to report in respect of the followng matters in relati to whith Ihe Charitt8s (Accourrts and Reports) Regujations 2CI)8 require us to rewrt to rf, in our opinion: the infomiaticn gwen in the ffinanCJ ststements inconsistent in ary MakrI respect the tsustee's report., or sufficient accwnting TrdS have not begn kept ¢ Page 6
INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE SHEPHERDSMEAD TRUST Mattors on whlch we are requlTed to report by excepti ¢ontd. the ffinanci statements are not in agreement wth the accounting records" or we have not re1 all the infomialion and explanations we require lor tyjr aud Re¥onsibilities of trustees As 8xplaned more frjlly in the statement of tnts's resF(Jnsibililies. the trustees are [M)nSIble for the prèparation of the financi slatements and for being salisfied that they give a tnJ8 and fair wew, and for such intern control as the truste88 ¢Jetemiine is n8cessary to en&Ae the preparation (sf financial statgm9nts that are free Ircxn matsrial misslatemerrt. vthether due to fraltd or eOr. In preparing the financial statements. the trustees are resp%lIe for assessing the the trusvs ability to continue as a going concern. disclosing, as applicable. matters rdated to going crjncern and using the going concem basis of accounting unless the trLthees eilher intend to cease owations. or ha4 no rei£e altematnie tryjtto do so. Audltovs rssponsibllilies ft>r the audlt of Ihe flnanclal slatsmgnts We have been appointed as auditor under section 144 of the Charrfies £t 2011 and rewrt in accdanCe wth the Act and re18vant regiJL2tions made or having efect thereurxler. s part of an audit in acccydance ISAS (UK), we exercise judgement and mwnlwn prolessional scepts'cism throughout the audit. W$ also: Identify and assess the riths ot matsrid mt8Statement of th8 entitls finanal statemerrts, whelher due to fraud or error, design and perform audit procedures responsNe to tF¥)se rTsks. and i)btain audtt 8den Ihal is sufficient and appropfiate to provide a basis for our opinion. The risk of not detecting a material misststement iesulb'ng from fraud is higher than for one r&sulting from error, as fraud may invojvg collusi, forgery, intentional omissio, misrepresentation5, or the override of irrtemal control. Obln an understanding of intemal control relevant to the audit in order to design audit procedures that are approprtate in the Gircumstances. bjt not for lh8 purrx)s8 of expressing an opinh)n on the eVeneSS of the Chari5 intemal control. Evduate the appropriateness of acwwttrg FKAiaes used and the reasonablen&ss of accounting estimatss and related disclosures made bythe trustees. Conclude on the appropriatsness of the trustees, use ol the gxng Coern basis of aco)unting and, based on the audit evidefice obtained. Ythether a rnaterial unCety exists related to events or condittons that may cast signfficant doubt on the charitls abilty to ntinue as a gotng COern. If we conclude that a material VrertaInty exists. we are required to draw attention in our aLKlrtorfs reFrfJ1 to the rdated disclosures in the financi statements or, rf such disclosures are InadUate. to modify our opinion. Our conclusions are based on the audit evidence up to the date of our auditorfs reporL Ho%%wer, fubjre ev6nts or cOndon$ may cause the group or the parent cc¥npary to cease to (#)ntinu8 as a g(Mng concem. Evduate the overall presentation, struciure and CO8nt of the financial statements. including the disclosures, and Ythether the tinancial ststements retesent the urxlerfying trartsacts'ons and events in a manner that achwgs fair preserrtabon li.e. gNes a true and view). We communicate with thosg charged with govemance r&3ardW. amor#J olher matters, the plannaj Scope and timing ol tho audit and significant audr( firKlirwJs. induding any significant defficienoyes in internal oontrol that we Idenltfy durirYJ our aui*L Irregulariles, including fraud, are instance5 Irf non<ompliance with la and regulab"ons. We design procedures in line with our responsibilrties. ouilined atK)ve, to detect Mal8j mTsstatements in respect of irregularibes, induding making enquiries of management as to where they conSered there was susceptibiltty to traud. thgir knoedge of actud, suspecled and 8Jleged fraud" considering tho int9M contro18 In FAace kn mitigate ri%ks ot fraj aThJ rK)n-coMpance wrth laws and regulations. Page 7
DotJJslgn En¥eS)pe ID." 34D978B>2B6A493C-AW.tA32EDAB INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE SHEPHERDSMEAD TRUST Audltovs responsibilltle8 lor the audtt of the financlal ststements contd. To address the risk of fraud thrcxtgh managem9rt iyas aTrJ override of controls, .. performed anatybcal procedures to identity any unuyA or unexpknd reJal]cM1)s. tssled joumal entries lo identtfy unusual transactions,. assessed vthether judgements and umpI10n$ mad8 in detemining the a(tounting estimates were in(thcative of Potenti bias.. invesb'gat8d the rati(419 bthind signifKant or USUal transacti. In rgsponso to the risk of ffreguL4rilies and fKxl-c<Mn&Ianco vth jaws aThJ r8gulations. we designed prcwlures whtch included, but Were not lirntted to: agreeing finanal statement disdosures to Undertn9 SUFpNthg dctumentation,. reading the minLrtes of meetings of those charged wrth governance,. enquiring ol management as to actyat and potenti litsgabon and dairns. Our objectives are lo obtain reasonable assurance att whether the financ statements as a vthole are free liom Materi misstatement, wh6ther due to fraud or error, arKJ to wue an aijdrtorts report that includes our opinion. Reasonthe assurdnce ks a high level of assurance. but is not a guarantee that an audit conductsd in accordance th ISAS IUK) ill dwayE detect a materk41 misststemenl vthen it exts. Misstatements can arise Irom fraud or error and are considered material rf. indNidually or in the aggrjate. they could reasonatty be expected to influence th8 economic decis1w of uws taken the basis of fina statsmerts. A further descriplion ol T restwisibililies for the audrt of the financaal stAtem8nts is kjcated on th8 Flnanch Reporting Coun¢,$ website at http.'IfvA.fvc.g.Uk1alrtolSreSpbIIIe$. This desTription fom)s part of our auditor's reporL Other matter Your attenti¢)n is dra to th8 fact that the charity has prepared financAal statements in accordan with "Accounting and Reporbng by Charities". Statsment of Recommended Pracbce applicable to charrbes preparing their accounts in accordance the Financial Reporling Standard 2pplrcabfe in the UK and Ropublic of Ireland IFRS 1021" las amermledl in preference to the A¢Unting and Reporting by Charities: Ststement of Recommended Praclice issued on 1 April 2005 byhich is retsrred to in the extant iegulations bul has now bean vAlhdrawn. This has bagn don8 li order for th8 financial ststements to provide a and fair view in a(rda[e with Genwally Accepted Accountlng Prathice. Uso of our report This report Is made solety to the chanvs trustses, a Ix)dy, in acCOre with tiart 4 of the Chanties {Accounts and Fleportsl Regulations 2(8. (kjr audit Wofk has been undertaken 84) that we moht stste to the charitys trtjstees those matters we are required to ststa to them in 8n alItorS, re{ and for no other purpose. To the fullest gxtsnt peimitted by law, we th) not accept assLfme resrnisibtlty to anyone other than the Ch{ty and thg charily'g trustees as a body, for our awlit V+Drk. fc this rerKMt. or the opInK we have forni1. 842144464 Dated.. 29/01/2025 Dwd Brown. Brown Wamer LLP. 38 NorWts, Newark-oTrTren( Nottingharnshire. NG24 1EZ Chartered Accountant aThJ Statutory Auditor Brown Warngr LLP is eligible for appL¥ntment as audrtor of th8 the trust by virbJ8 01 its eligibilty for appoinlment as auditor of a company under of sect'on 1212 of the Companies A£t 2[. PwJe 8
Thè Sh•phtyMsm¢ad TN81 atement olllnan¢481 lin¢ludimg incorno and ex•re aKtyJrt¢l Iwtho Imded 5th WII 2024 IncomlTr9 wMlowm¢ntsfYom: DonatlonsarKI lryacie8'. co1ClN 119.C64 119.C64 GfftNJd donaih)ns Inwme rtrfuThJab Donated se¢8$ Pa 01rj LegaS r¥8lv•J InY•stm•nt Inwmg and Inlw•i tsre81 Other In .517 17 Equipment r1 Property re recg Profitrlc6son olwtg Tot 619.427 819,427 101. ClItable actlyl Gran lo aff11aledts1S Runnirwj ofmeeting hallB Wlder corNnunty tyJtra8ch CongrÉgthTrgupport Cost thnated S¢$$ I.1,314 207959 9.186 152.L 213.746 5,027 7.959 9.186 71S10 71510 GovBvnBnc• and •Jpport coats & professh?nal costs deper¥Jgrrt Examhier Admin andsecraar Bark chargBs Loan inter 5.1 5.1 1,1T2 1,172 574 1,431C65 f.4S2,¢A5 428.221 Npt knMmg1(•xp•ndliur•l 812, 812,638 328.587 Gainlkés8sI on r40n01fl a5S Ng lfi fvr¥l• 812ffj38 812. .587 R•Etsncillallon of fund8 Fund8 ai 6th AFXI 21723 7.435.858 7.701445 Trrtal lundsat Wl 2 6.614.220 7,435.858
The shepherdEdThI Bal¢• sh8Ot Asatsth Tonwble frKedas5ets 4.774.010 4.431.IXI2 4.774,010 4,1.( Curi•nt thts Deblors sunty I7a preymonts &8tLYued Ctsh at bHnk 8n¢J in h8rKI 5qS,790 3,613 1.9&5 2.442 2.640.557 1,W,S)8 3,,549 C4wr¢nt IlabllU•8 Cr8ditors.' faIryde within (re . Othw knru815 arrtl def8rfed Irm9 7,128 7.128 Netcurrem as8ets 1ffj49,210 3XXM,826 Totsl aSSAts I¢T• liabll¥•s 7A3&858 7.435,858 Funds UrLre&tricted rwme bjnd Re¥tittÈd furKts TN35, 7,435,858 The SWh8r(tsmead Trus1 Mr Paul IChBw) Ttusts PJ8 10
Th• shgph•rd6M T91 cash1 stsmMt forlhe r ended 5th 12(Q4 NOTES N•1 Irk¢1¥11-j •xp•ndhur• lor th• rgPQrtlng las pgrthg 8101gIII•M ol financid tivitte•) B12, 8f2fft8 926.587 Dalv)n charg95 l.) Gah8fvs8es on kTrvestm)ts Dlen(ts. Im8$1 and rents frL¥P Ir?51 L05sII.I proffton $816 Of assets l-l Irease/de&so n stcds l.) IncreaseldgcretsB kn d4)tor$ Inc$811.} (Cr 101m2 lo? 107,022 18181 181,411 Il•tcath wovld•d by Fl u8•d In op thrfIIB• 2t9,949 Cdr]S, intst8st4nd rents trcn kn¥esimiis Proceeds from piqrn aTrJ equipmern F1Ce01pr0psty. Prrt and eTreM Nat ca¥h proNldgd by(.) ustd tn kN•sllng Cash inf&x$ trom nBw borro%trg ReLWPt of endo¥mant Icaah provld•d byl.) uled kn IlnwKI Chry Inc&sh 8nd rash Va$ in tr repoTbng perknd .16 . 1.6?2 219,519 ¢pgh ¢a8h equI4nal1 innlng 257 2.640,S57 2,W, a8h and ea*h •qulval•ntsatlho end ol 1..955 2,610.557 Pw11
Th• Sh•phbrdsm•ad TM NDt•#totho a¢eoun r 5th I. AGwJnllng pollde¥ f.1 BasB oflanraal siai8m8NS Repor by Chl&S ptspty amims in acoxdaw thè Rèpthty staThJ¥d appkaLlg kn thB VK arxl of IreLgrKI (F51S 1021 tssuod on 16 Jufy 74. rworatiTrJ 1 aThJ 2, 8ThY the F1(¥81 Rep)tbng Stdard apwKxNe the UnhgJ arnj Flewt of tr6knJ (FRS 102) ¥vJ UK Get Axepted Jrthng Pracb¢t. The funthna (Q. 12 IrKome vllh rtra¥onat certarty. Inriffle ts ¢J8fwr¥d th8 Ltsrty has * knIM CCft5i b8lx8 b8¢om#YJ e0 ts it or ere the has 5pgafied that ts tyKxqn8 bo i) • YBW. G61 akj 15 JJ•Y 10 the of th dCallOn totKch h rote&. ofler ther$¢85 8Th1 pro IN. Th2 vakJeofth8$8 dcrf8d sh9phdSffl Tru is ccffi8J8red 10 bp &i market v4uo whk wJbJ be pavj vJBrB the s¥? prcoJrwJ. Trus setvw P8NJ kir by Otr 1.3 Ew)enditure (%>rn9the chwity rdytxrt resoLy. thèTiu&tgqs Ik9ve awed ia aute al £tisto QANerrwte costs. 1ts TSrKJIb f1 8s8ets ddrAal)Th Freet¥)hJ Lqnd Freeho buikllngs Tempomy bJldr¥Js 1.6 Taxalbn provi In¢omtrfalls Khin fv charFkbleexeMplk)4 arK115 spenton (wiabl8 pursLws. 1.7 FuThJ& rkno wrpo88 whk fut were fv. 1.9 GohyJ corwn P*Je 12
The Shepherd8nad Tnwt Not08 t0th0¢0Unts fort •ndod 5th 1. A¢¢oyntlry poHcl•scontd. 1.10 SvJnrfKaffl estrnes arrJIUdrnenS ieimbursed forexpense512023.. Narbpl. 3 WaBg5 and salar1• 4 Donal•ds8rt•8 In¢om• ExpltUre T2510 Fornborou BourneTnJot F8mtson Trust Famham Gc6pel HalTr1 11051 71510 F&SOrt Ttri E&t)k Go8P81 Hal Ttust ,130.914 1S),( 1.1x.314 152K 6 Runntthg of ma•tity hal RBpthf8 wxl c4bJW8 Ae¢or¢&w equlpmer. l8(4efarx[ Ground5 mantfir Light aml heat W8tsr rths Tekphone confer Inwr8rt8- Pubk L9gg1 & profe58ion81- Spec10 hals CkanlrJ. Ir SuThJry nepredalk)n- Fie8hc4I prop*ty Dyoowk)n- EquiDMl 8 s&018s88 5.169 21.644 21.644 1.542 17,814 2,195 33,171 1917 2,517 182 6ffi1 61 119 116.319 2(6.012 917 2078&9 213,746 Pap 18
Th• Sh•ph•idsm•ad TA1 Nots8tOlh• a¢Mun for th• f •nd•d Slh 7 TIn¥011x•d a480ts Furnftur4 Tot Ilelyrt4•JMnont FllllrwJ6 At th Aw12023 D[M>sL IE 17K¢ 52A2,988 At 5th WI 2024 5.715, IT,(nB 5.732. D•prKlthn Al1 20Z3 DposB 9.7 B51,956 1C6.319 IV7P22 At5th Awl 2024 Nei Bwk Vajue 947.878 9S8978 At ShA24 4.768,072 4,TT4,010 At6th A1 )iI 4.42?.1 7.641 4,431,032 "L8TrJ Ra9Wftr numbeis are sy6848JSY1S46 Toial lund& 8.1 Currenr 88Bei8 Currants assels CwreN IL8td1th88 f8lWKJ ¢J&after more Ihan 4,774,010 1056.Xl8 7.128 4.774.010 1,856,&28 7.128 8,623 6,823. Totsl lun418 8.2 Totst T8Thj1bf•# as Currents aEset¥ Currant liabk4ties Am)unts faIg due aftwrhjrothan 4.431.LX12 3.W.519 4.431.032 8..549 7.435,858 7.435.&58 Tolatlund g Mm•tIn fund 9.1 CuKr8ntye8r 2rA4 R•8Vl¢i•d fuNI• FuThJ 7.485. 619, 6.623.220 Tot fund8 7,43S858 619.427 1,0 6,623,221) 14
The Shepherd5mead Tnwi Nvi•$toth•a¢¢oumts lorth? •rended 5th 9 Mo¥•m•rtt h)fund¥ 9S PfAYIEW 9aln Aprfl 2m3 Fund UnretsJ 7.761445 101&34 428.t1 Toial fub 7,762.445 101. 428221 7,435,85B Ther8 nts rdatsd tranSaC4 >rareThtsJ 5th Ap¥12024 (2023 £6.899.92) 11 Voknrt••rs is
Dowtsvjn EnvEILye ID.. S4D978B>2B&A493C.1A32EoL Sh•ph•rdBmoad TN8t P1•ts8toth• accounts 5th In¢omlng and endownerrt8lrom". CdlectiDrk% Grft Other In(•taX refurxlab Payrdl gni& r8 Other kncom• Gi4$ retelvgd Equlpmer4 ienial Property rem81 r8c&ved Tal 101,& 101.634 Expthdilurt on: Charllatsl$ a¢b¥Me Grants 10 aMu¢d Running of meefjng hL4 werCmnty(I[Qx CorVregan >Jppcrt 15alX(I 213,746 213.746 Legs & prOf>nal co Independsnt EYamwrsfe8 Admift and sscr¢iarfaJ Bankeaarygs 574 574 428ai 428221 N•t I•mlIoJitfftl 328,587 Ganslibx88$1 revtkn fi¥9¢1 a86 N•t rnQTrnm¢nt kniwtd RtC4)ndlJation of browd I0r 7.7e1445 7,762,445 7.435.858 16