CLARIDGE HOUSE
Report and Financial Statements
Year ended: 31 May 2024
Registered Charity No. 1167155
Kingston Burrowes Audit Ltd
308 Ewell Road,
Surbiton,
Surrey,
United Kingdom,
KT6 7AL

CLARIDGE HOUSE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
CONTENTS
Page
Report of the Trustees
1 to6
Independent Examination Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
10
Notes to the Financial Statements
11 to 17

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
CLARIDGE HOUSE
FINANCIAL STATEMENTS
Reference and administration details
Principal Address
Claridge House, Dormans Road, Domansland, Lingfield, Surrey, RH7 6QH
Trustees
Cherry Simpkin (Chair from 13 August 2024)
Gail Lineham (Chair until 13 August 2024)
Irina Eltsova (Treasurer)
Anne Simpson
Fergal Crossan
Jane Jenner (from 14 May 2024)
Georgina Wilson (until 2 January 2025)
All Trustees were appointed by the Board of Trustees.
Senior stsff
Manager
Meredith Wood
Registered Charity Number
1167155
Bankers
Lloyds Bank plc.
Registered Office: 25 Gresharn Street, London EC2V 7HN. Registered in England and Wales
no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial
Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.
Local branch.. East Grinstead. 113 London Road. East Grinstead, West Sussex, RH19 1AH
Solicitor
Bates, Wells and Braithwaite, 10 Queen Street Place, London EC4R 1 BE
Independent Examiners
Kingston Burrowes Audit Ltd, 308 Ewell Road, Surbiton, Surrey, United Kingdom, KT6 7AL

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
Report of the Trustees for the year ended 31st May 2024
The Trustees present their report together with the independently examined financial statements
of the charity for the year ended 31st May 2024. The financial statements have been prepared
in accordance with the accounting policies set out in note 1 to the accounts and comply with the
charity's Constitution, the Charities Act 2022, the Charities (Accounts and Reports) Regulations
2008 and the provision of the Statement of Recommended Practice (SORP) applicable to
charities preparing their financial statements in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) effective from 1st January
2019.
Structure, Governance and Management
The charity is a Charitable Incorporated Organisation ("the CIO") registered with the Charity
Commission on 17 May 2016 and governed by a Constitution.
The CIO took over ownership and responsibility for the running of the Retreat Centre known as
Claridge House from an unincorporated Trust. Friends Fellowship of Healing.. Claridge House
{"the Trust") on 31 August 2016.
The Trustees are appointed by the Board of Trustees. Trustees are appointed initially for a
period of three years and are then eligible for re-appointment for a further three years. A period
of a year must then elapse before a fvrther re-appointment.
The Trustees appoint the manager, who manages the day to day running of the House. The
manager reports regularly to the Trustees. Other staff are appointed by the manager.
Objectives and activities
The object of the CIO is the provision of a Centre for rest and renewal for those who are under
stress or strain, or in any condition in which a time of rest and renewal would be beneficial, with
a view to helping them attain health and strength in their lives. The Centre also runs Retreats
and Quiet Days and short courses aimed at promoting rest and renewal.
The CIO seeks to attract new guests through its website, entry in the Retreat Association's
website and handbook, and through a range of publications available to the general public.
Risks
Trustees regularly review the major risks to which the charity is exposed and put appropriate
actions in place to mitigate these risks.
Impact of the cost of Ilvlng crlsls
The cost of living crisis continues to impact on the activities of the Charty. Bookings with the
house have failed to return to pre-pandemic levels with people being less inclined to spend on
non-essential items. This situation is likely to lead to a deficit in the accounts for next year. The
longer-term effect of this on Claridge House is still unclear and perhaps unforeseeable but, with
the impact expected to continue for some while, we identified the following risks:

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
Loss of income from lower bookings
Increased non-pay costs due to inflationary pressures, particularly with regards to energy
bills
Increased costs due to inflationary pressures on staff salaries
The budget has now been reworked to take account of inflation. Pay awards are now reviewed
annually but pay rises depend on affordability.
Other risks identified:
Ongoing and increasing maintenance costs of estate
Relatively narrow demographic of guests, limiting expansion of guest numbers
Difficulty finding and retaining regular catering and housekeeping staff
Public Benefit
The Trustees believe that the charities object and activities offer public benefit in accordance
with the guidance published by the Charty Commission.
Guests come from all over the UK and, typically, include:
the elderly
those with physical disabilities
those who need a break from caring for others
those recovering from illness, including mental breakdown
those diagnosed with terminal conditions
those suffering from bereavement
those needing to a place of retreat in order to reassess their lives
those seeking respite from care work and stressful jobs.
Guests can come for an unstructured personal retreat or they can attend one of our courses or
workshops, aimed at promoting physical, mental and spirttual well-being, on subjects such as
yoga, Alexander technique, coping with change, painting for relaxation, creative writing, Qigong,
mindfulness, harp playing. sound healing. forest bathing and various aspects of healing.
including self-healing.
We also offered dropin sessions through the energy crisis for those who needed warmth and
company, happiness cafes and death cafes- no fee to attend.
We also make the house available for groups specialising in helping those with specific health
conditions or who are living under stressful conditions to run their own events for their
beneficiaries.
Bed and breakfast facilities are also provided on a commercial basis to supplement the
charitable income. A number of bed and breakfast guests have returned to attend courses and
take individual personal retreats.

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
The centre is run in accordance with the philosophy and principles of the Religious Society of
Friends (Quakers) but welcomes people of all religious beliefs or none. We seek to meet guest's
spiritual needs by:
Running led retreats and Quiet Days.,
Enabling guests to come on individual unstructured retreats.
Holding two 15-minute Quiet Times a day (morning and evening).,
Holding a full-length Quaker Meeting for Worship every Sunday at which guests and the
public are welcome to attend.,
Enabling Quaker and other groups to hire the house for their own arranged retreats.
We also have a well-stocked library of books focussing on healing and spirituality. Healing
therapies are also provided such as spiritual healing and massage.
The Trust operates a bursary scheme to help those who are less financially advantaged and
would othewise be unable to take advantage of what we offer. We also run a Caring for Carers
scheme in conjunction with the charity Action for Carers.
Claridge House operates a Friend in Residence Scheme under which a Quaker volunteer will
live in the house and carry out various duties such as welcorning guests and ensuring they are
comfortable, being available as someone to talk to and leading the Quiet Times. The presence
of a Friend in Residence helps to maintain the Quaker ambience of the house and contributes to
the healing process.
Achievements and performance
The House continues to attract a wide range of guests, who benefrt from what the House offers.
Guest feedback shows that the aim of the Trust to provide opportunities for rest and renewal
continues to be fulfilled. The personal attention given to help meet the needs of individual guests
has been much appreciated.
During the year, we continued to widen our links with charities, the local community, other
interfaith groups. healing and alternative therapists networks being a Quaker recognised body.
Alongside other appropriate groups looking to hire the house for retreats and respite breaks.
In August we held a day long ￿lebratiOn to celebrate the 70th Anniversary of the Retreat
Centre. This included talks on our work, tours of the house and garden and taster sessions of
our activities and healing therapy sessions. This intrOdU￿d many people to the house and what
we have to offer, including local residents.
Our website and booking system have been upgraded and modernised to make it more
attractive to a wider audience.
We have employed a marketing consultant to help us more effectively publicise what the House
has to offer.
Flnancial review and Reserves Policy.
The Trustees have a reasonable expectation that the CIO has sufficient funds to continue in
operational existence for the foreseeable future.
The charity's overall income for the year was £246,003.
To ensure liquidty and smooth cashflow, all assets are held in cash deposits.

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
The charity's principal sources of income are guest fees and charitable donations and legacies.
The guest income is insufficient to cover running costs and needs to be supplemented by
donations if fees are to be kept at an affordable level for most guests and to avoid excessive
strain on the bursary fund.
The Charity's total net assets at 31 May 2024 were valued at £992,431 including tangible fixed
assets (mainly land and buildings) of £920,563. There was a surplus in unrestriGted funds of
£56,280 (compared to £36,961 in 2022-23) and there was a surplus of £12.216 (compared to
£9,303 in 2022-23) in designated funds for bursaries.
The CIO maintains sufficient unrestricted resenies to cover 3 months, worth of fixed costs
(currently approximately £36,000).
The Trustees monitor fInan￿S closely through regular income and expenditure reports. Their
aim remains to achieve trading profitability by increasing the customer base through improved
marketing strategies and so that donations and legacies can be used to develop the work of the
charity. make capital improvements. and build up the bursary fund.
Plans for the Future
Going forward, we will, as a board..
continue to create and implement a longer-term strategy and vision for the house which
will include our key priorities.
decide where to focus our limited resources for the good of the longer-term success of
the house.
ensure the manager of the house and her staff are supported regularly and given the
opportunity to develop their skills, knowledge and experien￿.
continue to seek ways to build up our guest base by developing and promoting a wider
range of courses and varieties of guest experience.
enhance our profile by creating a post dedicated to marketing and promotional activities.
seek new trustees with relevant skills and experience to replace existing trustees coming
to the end of their terms and to widen the experience of the Board.
Statement of Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees Annual Report and the financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practi￿).
The law applicable to charities in England & Wales requires the Trustees to prepare financial
statements for each financial year which give a true and fair view of the state of affairs of the
charity and of the incoming resources and application of reSoUr￿S of the charity for that period.
I n preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements;

CLARIDGE HOUSE
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MAY 2024
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with
reasonable accuracy at any time the financial position of the charity and enable thern to ensure
that the financial statements comply with the Charities Act 2022, the Charities (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Declaration
This report approved by the Trustees on 28Y) March 2024 and signed on their behalf by".
Cherry Simpkin
Chair of the Trustees

INDEPENDENT EXAMINATION REPORT TO THE TRUSTEES OF
CLARIDGE HOUSE
I report to the charity trustees on my examination of the accounts of the charity for the year
ended 31 May 2024 which are set out on pages 8 to 17.
Responslbllities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance
with the requirements of the Char(cies Act 2011 ('the Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of
the Act and in carying out my examination I have followed all the applicable Directions given by
the Charity Commission under section 145(5)(b} of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention
in connection wtth the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect of the charity as required by section 130 of the
Act; or
2. the accounts do not accord with those records" or
the accounts do not comply with the applicable requirements conceming the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement that the accounts give a 'true and fair view, which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Kevin Fisher BA FCA CTA
For and on behalf of Kingston Burrowes Audit Ltd
308 Ewell Road, Surt)iton.
Surrey, United Kingdom,
KT6 7AL
th
28 March 2025

CLARIDGE HOUSE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MAY 2024
Total
Funds
2024
Total
Funds
2023
Unrestricted Designated Restricted
Funds
Funds
Funds
Notes
Income from".
Donations and legacies
Charilable activities
Trading activities
Investments
2a
2b
2c
2d
21,438
138,465
54,313
27,594
4,193
25,631
138,465
54,313
27,594
32,699
136,141
51,223
19,029
Total
241,810
4,193
246,003
239,092
Expenditure on:
Charitable activities
223,771
32,300
256,071
262,628
Total
223,771
32,300
256,071
262,628
Net incomel(expenditure)
before transfers
Transfers between funds
18,039
1,280
4,193
{1,280)
(32,300)
{10,068)
(23,538)
9&10
Net movement in funds
19,319
2,913
(32,300)
{10,068)
(23,538)
Reconciliation of funds
Total funds brought fomard
9&10
36,961
9,303
956,235
1,002,499
1.026,035
Total funds carried fomard
9&10
£56,280
£12,216
£923,935
£992,431 £1,002,499
All income and expenditure is derived from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised during the year.
The notes fomi part of these Financial Statements

CLARIDGE HOUSE
BALANCE SHEET
AS AT 31 MAY 2024
Notes
2024
2023
Fixed Assets
TangibleAssets
920,563
952,811
Current Assets
Debtors
Cash at Bank and in Hand
25,404
87,594
21,391
63.913
112,988
85,304
Creditors
Amounts falling due within one year
41,130
35.416
Net Current Assets
71,868
49,888
Net Assets
11
£992,431
£1,002,499
Funds
Restricted
Designated
Unrestricted
923,935
12,216
56,280
956,235
9,303
36,961
10
10
£992,431
£1,002,499
Approved on behalf of the Trustees on 28th March 2025 and signed on its behalf by..
Cherry Simpkln
Chair of the Trustees

CLARIDGE HOUSE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MAY 2024
2024
2023
Notes
Cash flows from operating activities
Net movement in funds per ststement of financial activities
Adjustments for..
Depreciation
Increase in debtors
Increase in creditors
(10,068)
(23,538)
32.048
14,013)
5,714
32,701
(20,616)
13,227
Net cash provided by operatlng activities
23,681
1,776
Cash flows from Investing activities
Purchase of tangible fixed assets
(9,630)
Net cash used in invests.ng activitles
(9,630>
Change in cash and cash equivalents in the year
23,681
(7,854)
Cash and cash equivalents brought fomard
63,913
71,767
Cash and cash equivalents carrled forward
£87,594
£63,913
10

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
1. ACCOUNTING POLICIES
a) Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in
October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland {FRS 102), the Charities Act 2011 and UK Generally Accepted Practice.
The financial ststements are prepared on a going concern basis and under the historical cost
convention. The significant accounting policies applied in the preparation of these financial statements
are set out below.
b) Incoming recognition policies
Items of income are recognised and included in the account5 when all of the following criteria are met:
The charity has entitlement to the funds.,
any perfomiance conditions attached to the item(s} of income have been met or are fully within the
control of the charity.
there is sufficient certainty that receipt of the income is considered probable., and
the amount can be measured reliably
c) Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure on charitable activities inclLides the costs undertaken to further directly the
purposes of the Charity and those costs of an indirect nature that are necessary to support these
activities_
d) Allocation of support costs
Support costs are those functions that assist the work of the Charity but do not directly undertake
ch8ritable activities. Support costs include back office costs, finance, personnel, payroll and
governance costs which support the Charity's activities. These costs have been allocated to each
activity on the basis of staff time.
e) Tangible Fixed Assets
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful
life at the balancing rates..
Buildings and property improvements
Motor Vehicles
Fixtures and Fittings
Land (£90,600)
2 % straight line
250/D reducing b81ance
20/D reducing balance
Not depreciated
fj Taxation
All of the activities of Friends Fellowship of Healing Claridge House are charitable and are therefore
not liable for tax.
gl Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impaiments are recognised in expenditure.
h) Government grants
The charity received government support through the Coronavirus Job Retention Scheme which is
accounted for on the accruals basis.
i) Pension costs
The charity operates a defined contribution pension scheme. Contributions payable under the scheme
are charged in the Stat8ment of Financial Activities in the year to which they relate.

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Icontd...
2. INCOME
Unrestricted
Funds
Designated
Funds
Restricted
Funds
Total
2024
Total
2023
a) Donations and legacies
Donations
Legacies
Government grants
4,193
4,193
21,438
6,521
17,528
8,650
21,438
£21,438
£4,193
£Nil
£25.631
£32,699
b) Charitable activities
Accommodation at
Claridge House
£138,465
£138,465
£136,141
c) Trading activtties
£54,313
£Nil
£Nil
£54,313
£51,223
d) Investment income
Rents
£27,594
£Nil
£Nil
£27,594
£19,029
Total income
£241,810
£4,193
£Nil
£246,003
£239,092
Of the £239,092 income recognised in 2023. £232,571 related to unrestricted funds, £6,379 related to
designated funds and £142 related to restricted funds.
12

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Icontd...
3. ANALYSIS OF CHARITABLE
EXPENDITURE
Direct
Costs
Support
Costs
Total
2024
Total
2023
Staff Costs (inc. travel)
Provisions and household
Rates, light and heat
Course expenses
General maintenance
Marketing
Other expenses of Claridge House
Depreciation
Bank charges
Professional fees
Governance (Note 4)
121,179
28,718
121,179
28,718
22,098
11,460
18,082
1,151
7,258
32,048
6,479
6,089
1,509
124,069
25,552
20,285
9,938
12,406
22,098
11,460
18,082
1,151
7,258
32,048
6,479
6,089
1,509
22,343
32,701
7,422
5,410
2,502
£149,897
£106,174
£258,071
£262,628
Of the £256,071 (2023 . £262,628) expenditure recognised in 2024, £223,771 (2023 . £229,511) was
charged to unrestricted funds and £32,30012023 '. £33,117) was charged to restricted funds.
Of the £262,628 expenditure recognised in 2023, £149,621 was for direct costs and £113,007 was for
support costs
4. GOVERNANCE
2024
2023
Independent examinerfs costs
Meeting costs
1,200
309
2,358
144
£1,509
£2,502
5. STAFF COSTS
2024
2023
Salaries and other staff costs
Social Security costs
Pension costs
117,200
2,083
1,896
121,147
1.276
1.646
£121,179
£124,069
The average number of employees during the yearwas 7 (2023 . 8).
No employees received total employee benefrts (excluding employer pension costs) of more than
£60.000.
13

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
lcontd...
6. TANGIBLE FIXED ASSETS
Land and
Buildings
Property
Improvements
Fixtures &
Fittings
Totsl
Cost
Balance brought forward
Additions
Disposals
1,090,600
367,861
151,329
1,609,790
At 31 May 2024
1,090,600
367,861
151,329
1,609,790
DeprecSation
Balance brought fO￿ard
Charge for the year
448,333
20,000
70,631
9,424
138,215
2,624
657,179
32,048
At 31 May 2024
468.333
80,055
140,839
689,227
Net Book Value
At 31 May 2024
£622,267
£287.806
£10,490
£920,563
Net Book Value
At 31 May 2023
£642,267
£297.230
£13,114
£952,611
7. DEBTORS
2024
2023
Trade debtors
Gift Aid
other debtors
24,875
529
12,764
529
8,098
£25,404
£21,391
8. CREDITORS
Amounts falling due within one year
2024
2023
Other creditors
Social security and other taxes
Deposits received in advance
5,160
1,293
34,677
5,822
937
28,657
£41,130
£35,418
14

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Icontd...
9. RESTRICTED FUNDS
Balanc8
1 June
2023
Balanc6
31 May
2024
2024
Income
Expenditure
Transfers
Bursary Fund
Sanctuary Fund
Carers Fund
Terrace Fund
Capital Fund
Property Fund
Other
252
3,008
252
3,008
353
13,114
939,497
11
353
10,490
910.073
2,624
29,424
£956,235
£Nil
£32,300
£Nil
£923,935
Comparative infomation for the restricted funds in the previous year is as follows..
RESTRICTED FUNDS
Balance
1 June
2022
Balance
31 May
2023
2023
Income
Expenditure
Transfers
Bursary Fund
Sanctuary Fund
Carers Fund
Terrace Fund
Capital Fund
Propety Fund
Other
568
3,008
100
416
252
3,008
311
131,850
843,832
42
353
13,114
939,497
11
3,278
29,423
(115,458)
125,088
£979,580
£142
£33,117
£9,630
£956,235
10. UNRESTRICTED FUNDS
Balance
1 June 2023
Balance
31 May 2024
Income
Expenditure
Transfers
2024
General Fund
£36,961
£241,810
£223,771
£1,280
£56,280
Designated fund
Bursary fund
£9,303
£4,193
£Nil
£(1,280)
£12,216
Comparative information for the unrestricted funds in the previous year is as follows..
Balance
1 June 2022
Balance
31 May 2023
Income
Expenditure
Transfers
2023
General Fund
£43,531
£232,571
£229,511
£(9,630)
£36,981
Designated fund
Bursary fund
£2,924
£6,379
£Nil
£Nil
£9,303
15

CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Icontd...
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
Fixed
Assets
Net
Current
AssetslLiabilities
2024
Total
2024
Total
2023
Restricted Funds
Bursary Fund
Sanctuary Fund
Carers Fund
Terrace Fund
Capital Fund
Propety Fund
Other
252
3,008
3,008
3,008
353
353
10,490
910,073
11
353
13,114
939,497
11
10,490
910,073
11
£920,563
£3,372
£923.935
£956,235
Unrestricted Funds
General Fund
Designated Fund
56,280
12,216
56,280
12,216
36,961
9,303
£Nil
£68,496
£68,496
£46,264
Total Funds
£920,563
£71,868
£992,431
£1,002,499
Comparative information for the analysis of net assets btheen funds in the previous year is as follows=
Tangible
Fixed
Assets
Net
Current
AssetslLiabilrties
2023
Total
2023
Total
2022
Restricted Funds
Bursary Fund
Sanctuary Fund
Carers Fund
Terrace Fund
Capital Fund
Propety Fund
Other
252
3,008
252
3,008
568
3,008
353
353
13,114
939,497
11
311
131,850
843,832
13,114
939,497
£952,611
£3,624
£956,235
£979,580
Unrestricted Funds
General Fund
Designated Fund
36,961
9,303
38,961
9,303
43,531
2,924
£46,264
£46,264
£46,455
Total Funds
£952,611
£49,888
£1,002,499
£1,026,035
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CLARIDGE HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
Icontd...
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS loontd...
Bursary Fund
This is used to subsidise guests who cannot afford the full fee for staying at Claridge House.
Sanctuary Fund
This is used to provide stays at Claridge House for groups of refugees and asylum seekers.
Carers Fund
This is used to subsidise respite stays at Claridge House for those caring for elderlylincapa¢itated
friends and family.
Terrace Fund
This is used to hold funds raised for an extension to the terra￿.
Capital FundlProperty Fund
These funds represent the net book value of tangible fixed assets.
12. RELATED PARTY DISCLOSURES
No trustees or parties related to them received any remuneration during the year.
In 2024, trustees, expenses were reimbursed in total amount of £309. No trustees, expenses or
reimbursement occurred during 2023.
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