SAMARITANS
TUNBRIDGE WELLS & DISTRICT BRANCH
ANNUAL REPORT AND ACCOUNTS
For the
ear ended
ST
31 MARCH 2024

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 3151 March 2024
The trustccs prcsent their annual report and financial statements of the charity for thc
year ended 31 . March 2024. The financial statements have been prepared in
accordance with the accounting policies set out in note 2 to the accounts and comply
with the charity, s constitution. the Charities Act 2011 and Accounting and Reporting
by Charities: Statement of R¢comm¢nd¢d Practice applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS102) effective I" January 2019.
The Trustees confinn that they adhere. observe and monitor the guidance as published
by the charity commission undcr section 4 of the Charities Act 201 Iwhen reviewing
the charity, s aims and objectives and in planning future activities. The Trustees
confinn, in the light of the guidance that these aims fully meet the applicable public
benefit tests and that the activities of the charity described in this report under four
specific aims, are undertaken in pursuit of the aims.
Status
Th¢ governing document is a modcl constitution approved in 1971 with subsequent
amendment.
Tunbridge Wells & District Samaritans is a Charitable Incorporated Organisation
(CIO), rcgist¢r¢d on 22. July 2016 Number l168J82.
Enquiries should be directed to the Director at 7 Lime Hill Road, Tunbridge Wells,
Kent, TN I l LJ. The charity is affiliated to Samaritans.
Policies 2nd
roeedures for the induction and trainin
of Trustees
The charity Trustee welcome pack published by the Charity Commission is used as a
model for Trust¢¢ induction and training.
All Trustees receive a thorough induction and seek to ensure through the governance
structure that the board complies with best practice requirements.
Trustees
David Truman -
Laurence Allcorn -
Alix Beale
Penelope Law￿¢
Mark Menary -
Sue Simmons
Michael Wheatley
Chainnan - Resigned 22nd April 2024
Appointed 21 "' September 202J - Chairnian 22. April 2024
Ih
Appointed 21" September 2023 - Resigned 25 July 2024
New trustees are appointed by the branch membership.

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 3151 March 2024
Samaritans vision mission values and behaviours
Samaritans provides confidential emotional support 24 hours a day by telephone, face to
face: email, webchat and letter: at festivals and outside our centres in prisons, in
hospitals, schools and workplaces and with the hom¢l¢ss through a network of 201
branches, new satellite sites & specialist hubs in the UK and the Republic of Ireland.
Our aims are reflected in our recently published seNen-year strategy (2022 2029)
Tackling suicide together: providing a safe space in uncertain times.
Our Vision is that fewer people die by suicide. To achieve this: we belieNe Samaritans
has a crucial role to play in:
Reducing the risk factors that make some people more likely to take their own
lives.
Ensuring that people who are at increased risk of suicide are supported.
Making it less likely that people who do experience suicidal thoughts act on
them.
Reducing the likelihood that people will develop suicidal thoughts.
Our Mission is to make sure we're here every day and night of the year for anyone
struggling to copc. We make sur¢ p¢opl¢ have som¢wher¢ to tum and support when thcy
need it most. We work with communities to let people know we're here for them and we
campaign to make suicide prevention a priority.
As our support scrviccs adapt to the changing environment, the five corc values of our
listening service remain constant:
Listening. b¢caus¢ exploring f¢¢lings allei'iats distress and helps people to
reach a better understanding of their situation and the options open to them.
Confidentiality. because if people feel safe. they are more likely to be open
about their feelings.
People making their own decisions wherever possible because M'e believe that
people have the right to find their own solution and telling people what to do
takes responsibility away from them.
Being non-judgmental. because we want people to be able to talk to us without
fear of prejudice or rejection.
Human contact. because giving people time. undivided attention and empathy
meets a fundamental emotional need and reduces distress and despair.

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 3151 March 2024
anisation
The general management and administration of the branch continued under the auspices
of the Management Committee. Committee meetings are held at least every quarter.
Bankers
Solicitors
Barclays Bank plc
Buss Murton
Tunbridge Wells Group
Wellington Gate
73-75 Calverlev Road
7-9 Church Road
Tunbridge Wells TNI 2UZ Tunbridge Wells
Kent TNI IHT
Inde
endent Examiner
Crowe UK LLP
RiN'erside House
40-46 High Street
Maidston¢
Kent ME14 IJH
Investment Polie
There are no restrictions in the Constitution. The Trustees operate a low risk policy
aiming to achieve a balance of income and capital growth.
The investments are currently held in a mixture of stock market investments and cash
deposits.
During th¢ year investmcnt incom¢ totall¢d £1,468 which compared to £2,864 in the
previous year.
There were unrealise(V realised Gains totalling £1:685 compared with unrealised losses
of £3,191 in the previous year on stock market inv¢stm¢nts during the year.

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 3151 March 2024
Reserves Polie .
The branch relies whollv on I'oluntary donations, and it is the policy of the Trustees to
retain sufficient res¢rv¢s to secur¢ th¢ running of thc charity for at least two years where
possible. This excludes any major and unforeseeable costs associated with the branch
premises.
The Trustees therefore intend to maintain, refurbish and secure the branch's principal
property asset to enable the branch to provide services that support the charitable
activities and any evolution of how they are delI￿ered. The valuation of the branch land
& buildings will be r¢gularly r¢N'i¢w¢d: and updates rcflccted in the annual accounts.
On this basis and using £40.000 to £50:000 as an estimate of annual charitable activities
expenditure: including contributions to Samaritans Central Office (NBC), the Trustees
consider it appropriate to aim to have free reserves in excess of £80,000 at any point in
time which equates to approximately two vears of running costs. This is seen as broadly
consistent with the calculation basis & objectives of the NBC and compares with a
balance on the general fund reserve of £8J.287 at J I" March 2024 (2023 £104.512).
Th¢ prcmiscs reserve fund of £425:000 (2023 £425.000) r¢pr¢s¢nts an assessment of thc
market value of the charity s freehold property.
Chari
Governance code
The Board has full and careful regard to the Charity Governance code and uses the
code as its principal benchmark. The board is committed to continuous improvement
and d¢v¢lopm¢nt.
Information on Fundraisin
Practices
The charity receives financial support from its donors across a range of events and
activities and th¢ Trustees are i'cry grateful to thesc donors for their generosity. The
charity regards its relationship with donor and supporters as highly important and it
prides itself on those it has built over many years of fundraising. The charity strives to
ensure that its fundraising is conducted to the highest level of quality and safety,
complying with bcst practices and proccdur¢s.
No complaints w¢r¢ receiv¢d during the ycar (2023 None)

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 3151 March 2024
Ob'ectives Activities Achievements & Perforniance in the Year
The
ear in summ
The objectiv¢s set out in th¢ previous ycar wer¢ largely implemcnted during the current
financial year in that:_
The basement refurbishment converting what was a dead space into a training room
was completcd. As part of that project: the ¢l¢ctrical wiring in the building was brought
up to current requirements: the carpet in duty room I was replaced and the building
was redecorated to the first floor.
Wc resumed doing inforniation davs, interviews and training once again all on a facc-
to-face basis. This was felt to be preferable.
Communications within the branch are fully in place with regular updates via either
emails from rcspectii'c team leadcrs, or the branch newsletter.
A new DI was appointed in December with a view to a gradual handover taking place
so that they were in place by April 2024. The person chosen by the branch was
Laur¢nc¢ 621. It is his intention to refresh the D Group to tak¢ advantage of fresh
ideas.
Webchat has been extended within our branch so that it is now available 5 evenings a
week.
Changes to our listening service that would affect webchat and our telephone system
will be taking place in the year of 202412025 and the email system is being upgraded
as part of this process.
Funds in the forn] of donations continue to come in from a variety of sources and we
would like to express our thanks to the many local parish councils for the grants that
they continue to give us.
We would also like to express our grateful thanks to our new Independent Examiners,
Crowe UK LLP who have Nery generously offered to review our accounts free of
charg¢.
Finally on the subject of fund raising. especial thanks go this year to Marion524,
Antonia814 and Maddy (David:s daughter) and Alex (Kate19's son). Between them
they managed to rais¢ thc wonderful sum of £16.000+ Marion by choosing us as her
charity of choice as lady captain at Sweetwoods Golf Club, Antonia, by way of a
sponsored silence (which also inN'olved family and friends). Maddy and Alex both ran
in the London Marathon in 2024 raising funds for our branch.
While some of these events actually took place in the following financial year, some of
the funds were already in the accounts for the year under review.

TUNBRIDGE WELLS & DISTRICT SAMARITANS
Trustees Re
ort for the
ear ended 31$1 March 2024
Ob'ectives Activities Achievements & Perforniance in the Year
The trustees believe that in all material respects. the plans and objectives of the
organisation continue to be met. Our Outreach and Education activities continue, with
more demand from schools than ever.
A huge thank you must go to the volunteers in the branch without which none of this
could happen. In my opening address as DI of the branch. I likened it to a ship with
cvcryon¢ perfomiing some scrvice or other to keep the v¢ss¢l heading fonvard and in
the right direction. The trustees would like to express their thanks and gratitude to all
of the volunteers without whose willingness to give up their time, the services of this
branch of Tunbridge Wells Samaritans would not function.
Financial Review
The accounts that follow show that unrestricted expenditure exceeded income by
£21,225 (2023 £9,649). Exp¢nditure includes deprcciation of the charity's office
equipment amounting to £556.
Unrestricted income totalled £J9,571 (2023 - £J2.315). Income from donations and
legacies (as shown on note 4) totalled £13,380, made up of a donation of £6,000 from
Sweetwoods Golf Club (Ladies), a gift in kind of £2.000 to cover th¢ Independent
Examiners (Crowe UK LLP) fees who are kindly donating their services free of charge
and individual donations. and in Memoriam donations. The branch also received
donations from Trusts of £1 1.250 and grants from local authorities of £2.550. Income
from fundraising events totallcd £1 0.92J. Investment income totalled £1.468.
Unrestricted charitable activities expenditure increased by £23,758. This is mainly due
an increase in repairs and refurbishment of just over £29:013, an increase in office
expenses and light and heat but also takcs into account a decrease of £6,807 in the New
Branch Contribution.
There were unrealised gains of £1.441 and realised gains of £244 in the value of our
invcstm¢nts (worth £69,734 at 31 st March 2024).
Our total net assets at J I st March 2024 amounted to £508.287, which includes the
premises reserve fund of £425:000.
It remains th¢ cas¢ that nearly all our income rcquiremcnt has to be raised from voluntary
sources and fundraising activities: and we are indeed grateful to all those who continue
to support us in these ways.

TUNBRIDGE WELLS & DISTRICT SAMARITANS 

## Trustees Report for the year ended 31°t March 2024 

## Statement of the Trustees’ responsibilities in respect of the Accounts 

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

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 resources of the charity for that period. In preparing these financial statements, the trustees are required to: 

- e select suitable accounting policies and then apply them consistently; 

- e observe the methods and principles in the Charities SORP; 

- e make judgments and accounting estimates that are reasonable and prudent; 

- e 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 are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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. Wa behalf ofthe Trusteeson G-. @. 2 .[Allcorn] /\ieeson[Laafence] -(Ween. Chair ft Lessee caer cred vee Treasurer 

Susan Simmons 

8 



TUNBRIDGE WELLS & DISTRICT SAMARITANS
ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
Independent examiner's report to the Trustees of Tunbridge Wells & District
Samaritans
I report to the trustees on my examination of the accounts of Tunbridge Wells and
District Samaritans for the year ended 31 March 2024 which are set out on pages l O to
19.
This report is made solely to the charity"s trustees, as a body, in accordance with section
154 of the Charities Act 2011. My independent examiners work has been undertaken so
that I might state to the charity trustc¢s those matters l am required to state to them in
independent examiners report and for no other purpose. To the t"ullest extent permitted
by law, I do not accept or assume responsibility to anyone other than the charit!, the
charity's members as a body and the charity s trustees as a body for my independent
cxamincr's work for this report . or for the opinions I have fornicd.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts
in accordance with the requirements of the Charitics Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried out under section
145 of the 2011 Act and in caw'ing out my examination I have followed all the
applicable Directions gii'¢n by the Charity Commission under section 145(5)(b) of the
Act.
Independent examiner's statement
I have completed my examination. I confirni that no material matters have come to my
attention in connection with the examination giving me cause to believe that in any
material respect:
accounting records were not kept in respect of the Trnst as required by section
130 of the Act; or
2. the accounts do not accord with those records: or
3. the accounts do not comply with the applicable requirements concerning th¢
fomi 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
cxamination.
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 rcached.
Matthew Howard ACA
Crowc UK LLP
Riverside House
40-46 High Street
Maidstone, Kent ME14 1 JH

TUNBRIDGE WELLS & DISTRICT SAMARITANS
si.
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Funds
2024
Unrestricted
Funds
2023
Notes
All Funds
2024
Income From:
Ini'estment Income
Donations, Grants & Gifts in Kind
Fundraising Events
1.468
27.180
10,923
1,468
27,180
10,923
2,864
25,329
4,122
Total Income
Expenditure on:
Charitable Activities
Fundraising Events
62.461
20
62,461
20
70
Total Expenditure
Unrealisedlrealised
Gainsl(loss) on Investments
1,685
1,685
(3,191)
Net {Expenditure)IIncome
Net Movement in Funds
(21225)
(21,225)
(9,649)
Reconciliation of funds
Total funds brought
forward at 1st April 2023
Total funds carried
forward at 31st March
2024
529,512
529,512
539,161
£508 287
£508 287
£529 512
The notes on pages 12-19 forn] part of these accounts.
io

## TUNBRIDGE WELLS & DISTRICT SAMARITANS 

## BALANCE SHEET AS AT 31ST MARCH 2024 

||NOTES||2024||2023||
|---|---|---|---|---|---|---|
|TangibleFixedAssets|8||427,599||427,177||
|FixedAssets Investments|9||69,734||81,484||
||||497,333||508,661||
|Current Assets|||||||
|Debtors|||||||
|Prepayments and|||||||
|accrued income||606||4,974|||
|Cash atBank||14,906||28,021|||
|||15,512||32,995|||
|Current Liabilities|||||||
|Creditors: amounts|||||||
|falling due within one|||||||
|year -|||||||
|Accruals and other|||||||
|creditors||4,558||12,144|||
|NetCurrent Assets|||10,954||20,851||
|Total Assets less current|||||||
|Liabilities<br>TheFunds ofthe Charity|||£508,287||£529,512|.|
|Unrestricted Funds|||||||
|GeneralFund|13|83,287||104,512|||
|PremisesReserve|13|425,000||425,000|||
||||508,287||529,512||
||||£508,287||£529,512||



The notes on pages 12 to 19 form part of these accounts. 


**----- Start of picture text -----**<br>
These acCounts were approved by the Trustees on G. 8 - AY and signed on ‘<br>me alfby (j) f<br>Vato Moor. oh Leocer 2A.<br>Laptente“Allcorn Chair Susan Simmons Treasurer<br>**----- End of picture text -----**<br>


j 



TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2024
l. Status
The charity is a Charitable Incorporated Organisation (CIO) in England & Wales
Number 11683 82. Its registered address is 7 Lime Hill Road, Tunbridge Wells.
Kent TNI I LJ.
2. Accounting Policies
Basis of preparation and assessrnent of going concern
The accounts (financial statements) have been prepared under the historical
cost convention as modified by the revaluation of freehold property and
investments with items recognised at cost or transaction value unless
oth¢nvis¢ stated in th¢ r¢l¢vant note(s) to thes¢ accounts.
The financial statements have been prepared in accordance with the Statement
of Recommended Practice: Accounting and Reporting by Charities preparing
their accounts in accordanc¢ with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) (effective I" January 2019) -
(Charities SORP (FRS 102)) and the Charities Act 2011.
Th¢ financial statcm¢nts arc presented in pounds sterling and rounded to the
nearest pound.
The trust constitutes a public benefit entity as defined by FRS 102.The
trustees consider that thcr¢ are no material uncertainties about the Trust's
ability to continue as a going concern.
Income
Incom¢ received by way of donations and grants are rccognised when the
cknity has entitlement to the funds. the receipt is probable. and the amount can
be measured reliably. For donations. this is usually on receipt. For grants this is
usually when a formal offer is made in writing. unless there are tern]s and
conditions which must be met before the charity is entitled to the funds. The
contribution of unpaid volunteers is not included in the accounts. Donations
received under Deeds of Covenant or Gift Aid are grossed up to include the
Income Tax recoverable thereon.
Gross fundraising income from events organised by the Charity itself is
included in the Statement of Financial Activities when the event takes place.
Investment Income is accounted for in the period in which the charity is entitled
to r¢c¢ipt.
12

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Colltinued
FOR THE YEAR
ENDED 31ST MARCH 2024
Expenditure
Expenditure is r¢cognised when a present Icgal or constructive obligation exists
at the balance sheei dale as a result of a past event. it is probable that a transfer
of economic benefits will be required to settle the obligation, and the amount
can be measured or estimated reliably.
All costs are allocated betw¢¢n th¢ expenditure categories of the Statement of
Financial ActiN'ities on a basis designed ￿ reflect the use of the resource.
Support costs
Support costs ar¢ thos¢ functions that assist the work of the Charity but do not
directly undertake charitable activilies. Support costs include back office costs,
finance, governance, costs associated with meeting the constitutional and
statutory requirements of the charity and the costs linked to the strategic
managemcnt of the charity.
Taxation
No proi'ision for taxation is included in the accounts as the Charity is entitled to
the exemption for tax afforded by Section 505 of the Income and Corporation
Taxes Act 1988.
(D
Tangible fixed assets
Tangibl¢ fixed assets arc stated at cost or valuation less depreciation.
Apart from the Freehold property. deprecialion is provided on all tangible fixed
assets of material N'alue held by the Charity for its own use on a straight-line
basis so as to write off their cost over their estimated use￿1 lives as follows:
Computers
Other o￿lCe equipment/furniture
3 years
5 years
In th¢ Trust¢¢s' opinion. it is not appropriate to depreciate freehold property as
the property is maintained in good condition and has a high residual value such
that any depreciation charged thereon would be immaterial.
Financial Instruments
The charity only has financial instruments which are classified as basic
financial instruments. Short-tern] debtors and creditors are measured at the
settlement N"alue. Any losses from impairment are recognised in the statement
of financial activitics
Fund aeeounting
Unrestricted funds can be used in accordance with the charitable objectives at
thc discretion of the trustees Restricted funds are funds which are to be used in
accordance with specific restrictions imposed by the donor.
13

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR EINDED
31ST MARCH 2024
3. Investment Income
2024
2023
Bank Interest Receivable
Income from Investments
112
1.356
£1,468
54
2.810
£2,864
4. Income from Donations
Donations received from Trusts
BNP Paribas
Girdlcrs Company Charitabl¢ Tnjst
Joan Ainslie Charitable Trust
South East Water
Spa Oil
Stonewall Park Charitabl¢ Trust
2024
5.000
1.000
2023
1.250
500
3,000
1,500
500
250
2.000
£11250
£6,750
Other Donations including Gift
Aid Donations, Gifts in Kind and
In Memoriam Donations
Grants
Benendcn PC
Buxted PC
Chiddingly PC
Crowborough TC
Fletching PC
Frittenden PC
Forest Row PC
Goudhurst PC
Hawkhurst PC
Heathfield & Waldron PC
Heathfield & Waldron PC
Hever PC
Ightham PC
Lingfield PC
Paddock Wood TC
Plaxtol PC
Sladc Green PC
£13J80
£15,904
200
200
250
200
500
250
75
300
50
500
300
250
250
500
500
100
250
250
100
200
£2,675
£2,550
Total Unrestrieted Income from Donations and £27,180
Grants
£25J29
14

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED
31ST MARCH 2024
5. Charitable Activities Expenditure
2024
2024
Unrestricted Total
2023
Total
Premises Overheads
Light & heat
Water rates
Maintenance, Redccoration
& Refurbishment
Cleaning
Office telephone
Insurance
Depreciation
General Household
3,694
456
2,051
399
456
40.826
3,070
40,826
11,813
2,227
373
1,429
518
314
1.481
556
132
1,481
556
132
£iO 215
£50 215
£19 124
2024
2024
2023
Premises Overheads as Above
50,215
50,215
19,124
747
1,855
2,058
Emergency telephone
Office expenses
Volunteer Training & Support
costs
Volunteer Travel Expenses
Publicity, Advertising and
Outreach
Bank charges
Support Costs (Note 6)
Total expenditure for the year
1,538
1,538
2,518
30
2,518
30
3,533
461
214
214
226
4.547
£62 461
4,547
£62 461
10,699
£38 703
15

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED
31ST MARCH 2024
6. Support Costs included within expenditure on charitable activities are
apportioned between the activities as follows:
2024
2024
Unrestricted Total
2023
Total
New Branch Contribution
Governance Costs
AGM/Branch meeting costs
Independent Examiner, s Fees
F¢¢s donated as Gift in Kind
Independent Examiner"s Fees
1.582
1.582
8,389
965
965
858
2.000
2.000
1,452
£10 699
7. Net (Expenditure) I Income for the Year
This is statcd aftcr charging=
2024
2023
Depreciation of tangible fixed assets
Owned by the charity
556
518
Unrealisedlrealised Gain / (Loss) on Investments
1,685
(3,191)
16

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED
31SI MARCH 2024
8. Tangible Fixed Assets
Computers
Office
Freehold Equipment
Pro
Furniture
Notes
Cost or Valuation
At I st April 2023
425.000
31.353
456,353
Additions during the
year
978
978
At 31 st March 2024
£425 000
£32
31 £457 331
Depreciation
At I st April 2023
Charge for the year
29,176
556
29,176
556
At 31 st March 2024
£29 732
£29 732
Net Book Value
At 3 1st March 2024
£42) 000
£427 599
Net Book Value
At 3 1st March 2023
£425 000
£427 177
The Charity, s freehold premises at 7 Lime Hill Road. Tunbridge Wells, Kent was
brought into th¢ accounts in 2012 at a valuation of £33 7,500. There have been
improvements to the property since that date of £42.178. The property was
independently valued by Christopher Hough. a local property professional, on 26th
July 2022 on an open market basis at £425.000. and the Trustees believe that it is
appropriate to adopt this valuation for accounting purposes. The Trustees consider that
there has been no material moN'ement since the ￿aluatIOn date.
The title to the freehold premises is held in the name of Tunbridge Wells & District
Samaritans.
17

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED
31SI MARCH 2024
9. Fixed Assets Investments
At Market Value
Sales
During
the
Year
Net
Realised
ProfitlLoss
on Sales
Net
Unrealised
GainlLoss
2023
2024
Threadneedle
Ini'estment
Funds
U.K Gro
& Income Fund
JPM UK
Higher Income
Fund B Inc
BLK Charities
UK Equity
Fund A Inc
BLK Charities
UK Bond Fund
Alnc
9J99.72Uts
8,479 (8,737)
258
10029.75Uts
4,712 (4,698)
(14)
7861.187Uts
55,712
1,629
57,341
8506.813Uts
12,581
(188)
12,393
£81484
£244
£1441 £69 734
(Losses)/Gains
on Revaluation
10. Trustees Remuneration and Expenses
The Trustees are considered to be the charity s key management personnel. None of the
Charity, s Trustecs were dircctly or indirectly rcmunerated in any way. It is the policy
of the Charity to reimburse in full all expenses properly incurred by its volunteers in
connection with its charitable actiN'ities. There were no expenses paid to Trustees during
the year. (2023 - £Nil}.
11. Indemnity Insurance
Samaritans has centrally effected professional indemnity insurance to protect
employees, Trust¢¢s: Directors and other voluntecr m¢mb¢rs of all Samaritan Branches.
18

TUNBRIDGE WELLS & DISTRICT SAMARITANS
NOTES TO THE ACCOUNTS
Continued
FOR THE YEAR ENDED
31SI MARCH 2024
12. Related Party Transaetions
Th¢r¢ wcr¢ no r¢lat¢d party transactions (2023: None).
13. Unrestricted Funds
Balance at
l April
2023
104.512
425.000
£529,512
Transfers
between
Funds
Balance at
31 March
2024
Income and
Gains
Expenditure
and bsses
Unrestricted Funds
General Reserves
Premises Reserve
41.256
(62,481)
83,287
425,000
£508,287
£41.256
£(62,481)
The premises reserve fund represents the amount invested in the charity s freehold
property at valuation.
Balance at
l April
2022
Income and
Gains
Transfers
between
Funds
Balance at
31 March
2023
104,512
425.000
£529,512
Expenditure
Unrestricted Funds
General Reserves
Premises Reserve
32.315
41,964
425.000
£539,161
£32.315
£(41,964)
14. Analysis of Net Assets Between Funds
Unrestricted
funds 2024
427.599
Total funds
2024
427.599
69,734
Total funds
2023
427,177
81,484
Tan
ible fixed assets
Fixed asset
investments
Current assets
Current liabilities
Net assets
15.512
4.558
508,287
15.512
4.)58
508,287
32.995
12.144
529,512
19