REGISTERED COMPANY NUMBEIL. 10574995 (England and Wales) REGISTERED CHARITY NUMBER: 1172032 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMEiwfs FOR THE YEAR ENDED 31 MARCH 2025 FOR THE CRESCENT HOUSE cHARy
THE CRESCENT HOUSE cHARy coKrENTS OF THE FINANcL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Trustees Ito3 Independent Examinevs Report ststement of Financial Actlvities Balance Sheet Cash Flow Statcment Notes to the Financial Statements 8toll Detailed Statement of Financial Activities 12
THE CRESCENT HOUSE CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trnstees, who are also directors of the charitable company ('*he Charity") for the purposes of the Companies Act 2006, prescni their report wkth the financial stateTnents of the Charity for the year ended 31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Praclice applicable to ChltieS prepaTing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019). INCOiUbORATION The Charity was illcorwrated &8 a company limited by guarantee on 20 January 2017. OWEcfivES AND ACTIVITIES The object of th¢ Clwity is the relief of women who are infirn], disabled or in need of convalescence by thc provision of accommodation. In furlherdnc£ of thc objeLI but not otherwise, the Trustees may pmvide a residential home. This is done through the 19-bed residential accommodation and cate hom¢ at Crescent House, 108. The Drive, Hov¢, E&st Sussex, BN3 6GP. Where vacancies cxi8L al the residential home which cannot be filled by women. th¢ Trnstr¢s may admit to the residential home men who are infirni, disabled or in need of convalescence. The TTUStees have paid due regard to the Charity Commission guidance on public benefit in deciding what activities th¢ Charity can und¢rtake. The Trustees consider that the Clwity has continu¢d to meet the public benefit requirement in providing relief aod help in its provision of accommodation for people who are Infu[ disabled or in need of onvalescence. This fits within charitable punxlses given in the Charities Act 2011 and the Trustees wnsider that there aTe no undue restrictions on who may benefit frojn the Clwity's activtties. FINANCIAL REVIEW Financial positio This year has seen a significant improvement after the substantial expenditure last year on maintain?ng the fabric of the building. Fee income for this yeaT rose by £62,808 on last year (up 9.IO/o) which was an excellent perforniance. That improvement was because of fee increases and better occupancy levels. The Charity had to withdraw another £20,0(K) from its investments in May 2024 to partly cover the costs of1&8t year's building maintenance. After that withdrawal the investments at our year end are showing a n¢t decline io value of £21.984 (£14.934 l&st year) and an investlnent decline of £1,984 compared to an investtnent improvem¢nt of £25,066 last year. They have held up well despite the global turnioil. As at year end the Charity still had £166,720 invested (£188.704). The nct rnovcment in funds for this year W&8 a surplus of £59.597 which almost covered last year's deficit of £60,098. Pay and RemuDerntion While most of the staff have their salary Jioked to the National Minimum Wage, the senior mallagement personnel Ihe 0C are paid a percentage alx)ve that level. All the salarAes are subject to at Ic&8t annual review by the Trustees in conjunction with the Manager of the home. Reserves policy The Ttee5 consider the financial position of the Charity to be satisfactory and much iTnproved on l&st yeaT. Tnthes, policy is to hold a minimurn of three months. expellditu covered by unrestrictcd reserves. Our total expcnditure this year w&s £703,293 which would require minimum net unrestricted reserves of £175,823. The Charity is holding £85,941 c&sh. plus £166,720 of investments making a total of £252.661 in our unrestricled resCe5, equivalent to 4.3 month5, cover (3.8 last year)- The TTUStees are satisfied that the reserves are sutricient. It 1$ the policy of the Charity to invest surylus monies in the Ethical Fund of the Charities Official lllvestment Fund (COIF) and in the M&G CiiaTifund although no new investents are proposed for this period. These inve%tm¢nt funds are held &s the Charity's Te5¢rve to cover exceptional unforeseen expenditure and in th¢ event of a significant drop in income over a period of time.
THE CRESCENf HOUSE CHARrrY RKPORT OF THE TRUSTEES FOR THE YEAR EM)ED 31 MARCH 2025 continued There is an urgent need to refurbish a first-floor bathroom an(L subject to rther funding reviews, it is stAII the Trustees, intention to wnvert the CUErently unused second floor into a training ea and rest room for the staff. Conclusion The Tnjstees would like to express their sinccre appteciation to the managemcnt and staff of Crescent House foT the way they have carried out their duties and Larcd for the residents. STRucfuRE, GOVERfqANCE AND MANAGEMENT Governing document The Charity is Lontrolled by its Memordndum & Articles of Associatio and cons11teS a limited compyny, limitcd by guaraDte4 as defincd by the Companies Act 2006. Constitution The Charity was incorporated on 201h January 2017 but Tell1Thed doTmallt until Isi October 2017. It fornllY represents the incorporation of the charitable trusL The Crescent House ChaTTty (Charity Registration Number 230679). The Charity is the Su¢sS0r body to the original chlty and was registered with the Charity Conllnission OD 14th March 2017. The number of Trustees shall Dot less than three and not more than Iwelve. One third (or the number nearest one third) of the Trustees musi retire at each AGM bul If eligible, may be reappointed. The ¢t TnteeS are due to retire as follows:_ Bob Overton-Hart and Rosie Morgan at the AGM due in August 2026, Jobn Puttock and Gillian Sariudeen at the AGM due in August 2027, Jon Morgan and Tony King at the AGM due in August 2028. New trustees are identified and appointed by the existing Truslees. The Chair of the Trustees is responsible for the induction of any new Trustees, which involves awareness of a trustee's responsibilities, the governing documenl administration procedures and the history and objects of the Charity. A new Trustee re¢¢ives a copy of the previous y&v's annual report and accounts and a copy of th¢ ChaTity Commission l¢aflet, "The Essentia] Trustee-what You Need to Know" The Charity is limited by guardntee and hence no shares have been issued. Each Tnlee is also a member of the Charlty and there are no other members. In the event of the Charity being wound up or otherwise dissolved, the liability of the members by way of guarantee is limited under clauses 10 and I l of the Memorandum of Association to all amount not exceeding £ l each. No"I"nJstee h&8 any beneficial interest in the Charity. The Chairnian and the Treasurer handle the day-to-day administration of the Charity. The Trustees meet approximately evcry three months to review the Chiwity's activities. managemenl accounts and any staff or resident issues. Managcment accounts are circulated rnonthly. The day to day ruDning and management of the hoKlle is the responsibility of the manager, Mrs Thcrcsa Mcneill. Also, each month a ITUStee visits the hornc and forn]ulates a report for the other trusÉees, covering ihc six main areas of staffj residents, occupancy. PTemises, events and complaints (if any). Risk management The major Tisk is that we havc no rcsidents. We have I l T(K)ms that can be occupÉed either by council funded residents or ptivately. Our rates are the most competitive ill the m and we have maintailled a minimum of 9/0 OCCLipancy throughout the horne this year. The Trnstees continue to Thonitor the oc£upancy levels and consider fijrther advertising. Fire is a substantial risk. We have 18 fire extinguishers (water, C02 and chemical) around the buildiDg plus a fire blanket. All extinguishers are serviced annually, and the staff undetgo training every 6 months. Each resident has a personal evacuation protertion plan. Infection is the other major risK but the horne is cleaned thoroughly daity. Health and safety inspectioDs are regularly CrIed out and action is taken to ensure that any reconllnendations ate followed. Brighton and Hove City Council inspects the home regularly and the CQC also caTries out random inspections which have been entirely acceptable, and ally observations quickly resolved.
THE CRESCENf HOUSE CHARJTY REPORT OF THE TRUSTEES FOR THE YEAR EKDED 31 MARCH 2025 eoDtiDued REFERENCE AND ADMtNISTRATIVE DETAIts li Registered Company number 10574995 (England and Wales) Registered Charity Number 1172032 108 The Drive Hove BN3 6GP Trustees A King (appointed on September 2025) Mrs R E Morgan Dr J W Morgan (re-appointed on l& July 2025) R J Overton-Hart J E Puttock Mrs G SaTiudeen Chair J E Puttock Company Secretsry J E Puttock. Tr¢asur¢r I J R Crosthwaite. IDdepeudent Examiner Dr Shona F Wardrop C.A. Chariot HOSe Limited Chartered Accounlants 44 Grdnd Parade Brighton BN2 9QA Solicitors DMH Stallard incorpordting Griffith Smith LLP 47 Old Steine Brighton BNI INW Prilleipal Bankers Barclays Bank plc, 1391140 North Street BrigbtOD BNI IRU. Approved by order of the Board of Tr on 2025 and signed on its behalf by: JEPuttock-T
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CRESCENT HOUSE CHAIUTY tndepeDdent Esaminer's report lo the Truslees of The Creseent House Charity (Ithe Company,) I rep)rt to the charity Tntstees on my examination of the accounts of the Company for the year ended 31 March 2025. ReSPDDsibilities and basis of report A5 the charity's Trnstees of the Company (and also its directors for the purposes of company law) you are responsible for the prepatation of the accoutts in accordance with the requirements of the Con]pallies Act 2006 (Ihe 2006 Ac. Having satisfied myself that the accounts of the Collyny not required to be audited under Part l6 of the 2006 Act and are ¢ligibl¢ for independent exalatIOD, I report in respect of my examination of your charity's accounts as Carried out undcr section 145 of the Charities Act 2011 Ilhe 2011 AcV}. tn caThying out my examination I have lollowed th¢ Directions given by the Cbarity Commission under section 145(5) (b) of the 2011 ACL Independent examiner's Statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can ¢onfmn that l am qualified io undertake the examination because I am a registered member of the Institute of Chartered Accountsnts of Scotlan(L which is one of the listed bodies. I have completed my exatnination. I confirm that no matters have come to my attention in connection with the examination giving tlle cause to beIieve: accounting records were not kept in respect of the Company as required by section 386 of the 2(X)6 Act. or the accouDts do not accord with those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other thall ally requiremeni thai the a¢Co[ts give a true and fair view whi¢b is not a matter considered part of an Indedent examinatiOTt; or the accounts have been PTepaTed in accordance with the metbods and principles of the SttteeDl of Recommended Practice for accounting and reporting by charilics [applicable to charities preparing their accounts iti accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across Do other matters in connection with the examination to which attention should be drawn in this report ill order to enable a pmperutkder5tanding of the accounts to be reached. DT. Shona F. Wardrop CA. Chwiot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA Date: ........ 13 ..2025
THE CRESCENT HOUSE cHARy STATEMENT OF FJNANCIAL ACTlVtTIES INCORPORATING AN INCOME AND EXPENDITURE AccouKr FOR THE YEAR ENDED 31 MARCH 2025 31.03.25 Unrestricted Restricted Funds Funds 31.03.24 Totsl Funds Notes INCOME AND ENDOWMEiYrs FROM Clwitable activities Donations legacies & grants tnvesLrnent Income Other tncome 752,383 3,839 2,909 752J83 689,575 374 1025 1,801 2,909 Total 763,073 1,801 764,874 691,974 EXPENDITURE ON Charitable activities Charitable activities 701,491 703,292 777 138 Total 701491 1.801 703 777,138 Net Ineome Before Other Recognised Gafins and tA)sses 61,582 61,5 (85.164) Net gains/(losses) on investments io (1,985) (1,985) 25,066 Net movement in funds 16 59,597 59597 (60,097) RECONCILIATION OF FUNDS Total funds brought forward 576.867 576.867 636,964 TOTAL FUNDS CARRIED FORWARD 64464 576 867 Ary differencu of£1 are due to roundings
THE CRESCENT HOUSE CHAIUTY BALAPICE SHEET AT 31 MARCH 2025 31.03.25 Unrestricted Restricted Funds Funds 31.03.24 Total Funds FJXED ASSETS Tallle assets Invesbnents Notes 369,484 166,720 369,484 166.720 368.429 188,704 io 536204 536304 557,133 CURREiYf ASSETS Stocks Dcbtors and prepayments C&8h at bank 12 13 14 1.500 29.996 85.941 117,437 1.500 29.996 85.941 117,437 1,500 12,479 18.748 32,727 CREDITORS Amounts falling due within onc year 15 (17,178) (17.178) (12.994) NET CURREiYf ASSETS 100259 100259 19,733 TOTAL ASSETS LESS CURREKf LIABILITIES 636,463 636,463 576,867 IYET ASSETS 576,867 FUNDS Unrestricted fimds Restricted funds TOTAL FUNDS Ary differenw rf£l are due lo roundings 636,463 576,867 636,463 576,867 The Charity is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not requiTed the Charity to obtsin an audit of its financial statements for the year ended 31 tthh 2025 in accorthce with Section 476 of the Companies Act 2006. Thc Trustees acknowledge their reSponsi111ties for (a) (b) ensuring that the Charity accounting records COllLply with Sections 386 and 387 of the Companies Act 2006 and preparing fu¢1a1 statements which give a true and fair view of thc slate of affairs of the Charity as at the end ofeach financial year aDd of its surplus or deficit fibr each financial year in acrdanCe with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial slatemen so far as is applicable to the Charily. These financial statements have been prepared in accordan¢¢ with the special provisions of Part 15 of the Companies Act 2006 relatiDg to charitable small companies. The financial statements were approved by the Board of Trustees on 2025 and were signed on its behalf J E Puttock-Tru
THE CRESCENT HOUSE CHARITY CASH FLOW sTATE1T FOR THE YEAR ENDED 31 MARCH 2025 31.03.2025 31.03.2024 Notes Cash flows from operating activities: C&sh generated from operations Net &gsh provided by (used in) operating activities 67,371 Cash flojvs from investing activities: Purchase of tangible ed a55ets Proceeds from sale of Inves1ents Jnterest received Dividends received Insurdnce claim Additional Income (4,410) 20,000 2.512 397 3.942 5.640 io 40,0(M) 1,632 393 374 Net cash provided by (used in) inve5tiDg actfvSti¢s Change in eash and eash equivalents in the reporting period Cash and eash equivalents at the beginning of the reportitsg period 67,193 (24.972) 43.719 Cash and cash equivalents at the end of the reporting period 85,941 NOTES TO THE CASH FLOW STATEMEiYf FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31.03.2025 31.03.2024 Net ineome for the reporting period (as per the ststement of Itnancial aetivities) Adjustments foT: Depreciation charges Lo&sl(Gain) on investments Interest r¢ceived Dividends received Additional Income Insurance claim Decreasel(tncrease) in debtors Jncrease/(Decre4se) in creditors 59597 (60,097) 3,354 1,985 (2,512) (397) (5,640) (3,942) (17,517) 8.851 (25,066) (1,632) {393) (374) 7,304 Net cash provided by (used in) operating activities 39,112 (67J71)
THE CRESCENT HOUSE cHARy NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The fmancial statements of the Charity, which is a public benefit entity &8 defmed by FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the FinancÈal Reporting Standard applicable ill the UK aud Republic of IrelaDd (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 '1he binancial RetX)rting Standard applicable in the UK and Repubjic or Ireland, and the Companies Act 2006. The fllwicial statements are prepared in Sterlin& which is the functional currency of the Charity, and are rounded to the n&rest pound. They have been prepared under the historical ost Conventio with the exception of investments, which are included at Iaet value. Income All itkcome is recognised in the Statemenl of Financial Activities once the Charily h&$ cntttlcmcni th Ihc funds, it is probable that lkne income will be receive(L and the amount can bc mc&8ured liablY. FJxpenditure Liabilities are recognised as expenditure as soon as there is a legal or constrnctive obligation committing the Charity to tIt expenditure, it is probable that a transfer of economic benefits will be required in settlemcnt and the amount of1he obligation can be measured reliably. Expenditure is accowlted for on an arcnS basis and h&$ been classified under headings that aggregate all costs related to the category. Where costs cannot be dircctly attributed to particular h¢adiugs, th¢y hav¢ been allocat¢d to activities on a basis consistsnt with the use of resources. Basic Financial Instrumeots The Charity has only financial assets and financial liabilities of a kind that qualify &8 basic financial insljillnents. Basic financial it)stnllnents are initially recognised at trdnsaction value and are subseqUtIY measured at their ttlemejjt vajue. Tangible fixed assets Depreciation is provided on the fixe5 and fitttngs at 21Y/o on cos¢ in order to write off each &sset over five years. Stocks Stocks are valued at the lower of cost and net realisable value. Taxation The Charity is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it eets the defmition of a ¢lMritdble company for UK Corporation Tax purposes. Accordingty, the Charity is potentialty exempt from tsxatiun in respect of inc0e or capital gains received within categories covered by Chapter 3 Part I I Corporalion l ax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains aff wlicd exclusively to charitable purposes. Fulld accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the TnLStees. Reslricted funds can only be use4[ tor restricted purposes within the objects of the Charity. Restrictions arise whcn spccified by the donor or when fimds are raised for restrlcted purposes. Further explanation of the llate 2nd purpose ofcach fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The Chartty operates a defined contribution pension scheme with NEST. Employer contributions payablc to the Charity's pension scheme (currently 4% of the eligible earnings of the members of the Charity's workplace pension scheme) are charged to the Statement of Financial Activities in the period to which they relate. Judgements and key sources of estimation uucertainty In the application of the Charity's accounting policies, the Charity is required to make judgements, estimates and assumptions about the canying value of assets and liabilities that are not Teadily apparent from other sources. The estimales and &8sociated assumptions are b&sed on historical experien¢¢ and other factors considered to be relevant. Actual results may differ from these estimates. There are no estimates or assumptions that are considered to have a signiflcant risk of causing material adjusknents to the financial ststements in a fithire period.
THE CRESCENT HOUSE CHARITY NOTES TO THE FIIYAIYCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202& CONTINUED ACCOUNftNG POLICIES CONfINUED Goiug concern The Trust¢es Consider that there are no material uncertainties about the ChaTity'S ability to continue &s a going concern. The Trustees are very confKlent in the Charity's ability to continue &8 a going concern. There are no nterial uncertainties affecting the current year's accounts. DONATIONS, LEGACIES AND CBANTS 31.03.25 31.03.24 Donations Restricted donations for garden gazebo Total 39 1,801 374 374 INVESTMENT INCOME AND OTHER INCOME 31.03.25 3 l.03.24 Dividend inwrne Deposit aoUnt interest Insurance claini Total 397 2,512 3.942 6851 393 1,632 2,025 INCOME FROM CHARITABLE ACTIVITIES 31.03.25 31.03.24 Residents, contributions 752 383 752J83 689,575 689,575 CHARITABLE ACTIVITIES COSTS 31.03.25 31.03.24 Charitable acttvities direct costs Garden gazebo (restricted funds) Total 701.491 1,801 703392 777,138 777 138 NET INCOMEIIEXPENDITURE) 31.03.25 31.03.24 Net incomel(expenditure) is stated after charging/(uediÉing): DePlatiOn - owned assets 3J54 8.851 TRUSTEES. REMUNERATIOI4. BENEFITS AIW EXPENSES There were no Trustees, remuneration or other bcnefits for the year endcd 31 March 2025 (2024 £nil). Ther¢ were T[tees, expenses of £149 paid for the y&gr cnded 31 March 2025 (2024 £37). 31.03.25 STAFF COSTS 31.03.24 Wages and salari¢s Social srIty costs Less Small Employer's Allowance Workplace peDSiOll costs Total 473,405 36.092 (5,0(X)) 9,255 513,752 454,489 31,002 (5,000) 8.047 488.539 Dwing the year the total remuneration for key management peTsonuel was £122,744 (2024-£104.452). The average monthly number of employees w&s 25.5 (2024-25.1) and no employees received emolurnents in ¢x¢¢sS of £60,000.
THE CRESCENT HOUSE CHARITY NOTES TO THE F]NANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025- coiYfiNUED COMPARATIVE PERIOD SOFA STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING AN INCOME AIYD EXPENDITURE ACCOUN FOR THE YEAR TO 31 MARCH 2024 INCOME AIW EIYDOWMENTS FROM Charilable aetivities Charitable activities Donations, legacies and grants InveStent illcotlle and other income 689.575 374 2,025 Totsl 691.974 Charitsble activities Charitable activities 777.138 Total 777,138 Net Income Before Other Recognised Gains and IA)sses (85,164) Net gainsl(losses) on investments 25,066 Net movement in funds RECONCILIATION OF FUNDS 60,097 Total funds brought foThard 636,964 TOTAL FUNDS CARIUED FORWARD 576,867 10 FIXED ASSET INVESTMENTS 31.03.25 31.03.24 Charities Ethical Investment Fund 30,881.8908 accwrAuiation units (previou5ty 34,657.97) M&G Charifund 438.582 income units Total listed investments 160.061 182J18 6,659 166,720 6.386 188,704 There were no investment assets outside the UK. I I. TANGIBLE FIXED ASSETS Freehold propety Fixtiwes & fittings Totals COST At l April 2024 Additions At 31 March 2025 358,861 85,279 4,410 89.689 444,140 358.861 448,550 DEPRECLiTION At l April 2024 Charge for year At 31 March 2025 75,711 3.354 79,065 75,711 3,354 79,065 NET BOOK VALUE At 31 March 2025 At 31 March 2024 358,861 358,861 10,624 369,485 368,429 The property at 108, The Drive, Hove, BN3 6GP has been valued at cost. io
THE CRESCENT HOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 MARCH 202> CONTINUED 12. STOCKS 31.0325 31.03.24 Stocks iJoo 1,500 13. DEBTORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 31.03.25 31.03.24 Residents, Fees Prepayments Utilities Total 16,926 12,017 1,035 10,604 29,996 12,479 14. CASH AT BANK 31.0325 31.03.24 Barclays Bank current and deposit Redwood Bank 35-day notice deposit Alderniore Bank on demand deposit Total 85,941 Each of these accounts is covered by the Financial Services Compensation Stheme. (6,571) 40,512 (39,252) 58.0(M) 18.748 15. CREDITORS: AMOUNTS FALLINC DUE WITHtN ONE YEAR 31.03.25 31.03.24 Trade creditOTS Utilitl¢5 Residents 8,963 822 5,930 163 1,300 17,178 9,814 1,121 859 Accountants Total 1,200 12,994 I& MOVEMENf IN FUNDS At 01.042024 Nct Movement in fi(L% At 31.03.2025 Unrestrieted funds General Funds Restricted fllnds Restricted Funds 576,867 59,597 636,464 T(YfAL FUNDS 576,867 59.597 Net movement in funds. included in the above are &s follows: tncoming Resources Gains and expended losses Movement in fun(Ls Unrestricted funds Generdl fund Restricted funds Restricted funds 763,073 701,491 (1,985) 59,597 TOTAL FUNDS 764,874 703.292 59J97 17. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2025 (2024'knil").
THE CRESCENT HOUSE CHARrrY DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 MARCH 2025 JP4COME AM) EIWOWMENTS Investment income Dividend income Deposit account interest DonatTons and Jegacies 397 2,512 5,640 8,549 Charitable activities Insurance claim Residents, contrtbutions Contributions from WSCC Contributions from BHCC 3,942 365.637 36.323 350,423 756,325 764,874 Total incoming resourees EXPENDITURE Cbaritable activities Wages Employer's National lDsuran¢e Employer's Pension Contributions Provisions Prernises repatrs & gardening Cleaning) hygiene and laundry Rates and Utilities Office costs Insurance Accountancy tndependent examiners Registration fees Finance charges Trdining Residents, entertainment Other expenses Depreciation fixtures & fittings Total resources expended 473,405 31,256 9255 47,676 52,671 21,165 26,473 3,139 12,349 1,229 1,200 3,115 280 8.101 6.396 2229 3,354 703293 Net income/(deficit) before gain3 and losses Realised recognised gains and 105ses Realised gainsl(losses) on fixed asset investments 1.984 Net income 12