fjRQUP BUSINESS ADVISORS Charity of Isabella Sophia Leander Financial Statements For the Year Ended 31 December 2024 Registered Charity No.. 1180337
CHAAifY OF LSABELLASOPHIA LEANDEft CONTENTS OFTHE FINANCIALsfATEMEiif5 FOR TrIE YEAR ENDED 31 DECEMBER 2024 Report of theTrustee5 Independent Examlnerf5 Report Staternent of Flnanchl Acllvltlps Oalan¢e Sheet Notesto the Flnandal 51atements 7 to 16 Oetalted Statement of Nnantlal Acthfllles 17
REPORT OFTHETRUSfEES FOR THE YEAR ENDED31 DECEMBER 2024 The Trustee5 present thelr rtport 0th6 ryth the finarKlal ststernults of the charfty for the year ended 31 December 2024. Thè trustees have adopted the provISkn d the Statement of Recommended Practlce ISORPI "Nountin8 and ReportlnB by Charltles. In preparlry the annual report and financw statements of the chjrlty. The Ilnandal statements ha been prepjred In atttydance tAih the ac£ount1 poNdes Set out In notes to the accounts on pages 7. 8 and 9 and comply with the charltys 8o¥ernln8 (bXrnenL the thafltles Art 2011 and Accountlni and AewJrtln8 by Charlties: Ststement of RecOmmded Prattlce applkable to th¥rit5e5 preparfn8 thelr •ccounts In accordan wlth the Flnandal Rey¢1 Standard applloble In the UK and Republlc of Irdand publlshed In Ociober2019. OBJEcllvES ANDAcrivmES Oblectl¥ex and 41ms The objects of the CharSty Is the provknkn and milDtenarKe of three •ImSh In Mannln8tre4 Essex for poor persons, prlmarlly. tmrt not exduslvely. for the wldryw5. TAdows or chlldrtn of f5shtrmen or s•lloTs ttho are anidlcal FWOtestants and total abstslners from •1 •kolK¥lk thlnks ar we •t le•st 65 ye4rs of 48e. Appllcatlon ollncorn• The net Income sh•ll be •ppHed flnt to repjlr. Insure •NI rneet &4 othw wt8oln85 In respect of the Ch•TltVs prowtles and all proper costs of the Charlty's adnIstratIon and manaK•nent. There•fter net Income shall be applled for th• ben•fft of th• almspeopt• of the Chlrlty. Actl¥ldès The Charlty CUrrV provSdes thre• •lmshouse ProptIeS Jnd Its Is to Mse thue a5 far ts posslbleto meet th• oblecllves olthe Charlty. Publlc benefft These Brtlvltle5 are con5bdered to be forthe kn•llt and kn runnlw the Ch•dty th•TNstees have reyrd for the Ch•rKy Commlsslon iuldance on pubNc befftL ACHIEVEMENT AND PERFORMANCE ChaTlt•bl• •rtMtles The trustees ¢ontlnue to ba concemed forthe wehre of the re5klents the propert5es entrusted to them. They •r• wwkln8 thrOh the reconwn•nd•ttonsofthe S Yearn swested by thesurvvtwthy IoInted. NANCthL REWEW Fln•nclpl posltlon The Charlws flnonclal $[th)n Is •$ In thè BalanceShet on p¥es 6 and Sscomldtted tISfaCtOry. Re5erve5 poncy The Charlty's pollcy on reser¥es Is to m•lnt41n sullklent resw¥es to enable the to contlnue to achlE4e Its prfndpal oblectlves. FUTufte PLANS Future plans *lll continue to on the quinwenrdal swvry recommendatlorfj Sn Kcorthnce budgets and Include celebratlng IIX)year5 of the almshou Go¥ernln8documont The Chartty Is 8ovunedln Kcordance wfth a ConstlOn dated 12 201&
REPORT OF THETRiISTEES FOR THE YEAR ENDED310ECEMBER2024 srRucrU GOVERNANCE AND MAIIA6EMENr Recrultment and appotbth•nt of new trustees As vacancfjes for Trusw arjse appllcatKJTh5 are fram prtrtiol ¢and5dates knon ts) the Trnstee5 and other sultable local peopl& Appllcants are then consldered lry the Tnstee5 and appolntments made ty resolutlon of the Trwtee5. Oan1tIOnal stnKlure Day to diy ad[StratIon ofthe Chwltyts carrfed (Art the CJ¥ who reptytsto theTntstees. Indurtlon Ind troth1 of newtwstees ew Trustees are brlefed ty the Owk and the exts¢lrTntstee5 on the h1storyw ¥ctMt5es of the Chartty. They •re prOdelI wlth a copy of the Charlty Comm15slon p[lt Tr Essentlal TnLStee' detalllng thelr rsponslbllftles and ProdIng 8uklarKe belw • Trultee. New Tee5 •re wo¥lded wlth ¥ cow ofthe Ch•ilty Sthemè and thè l•test •ccounts. lèted p•rtles There are no other ¢h•rttJes rdated to the Is•bel s14 ie•Nler Ch¥lty. The a•Jk to the (hrlty Is •lso aerk to other •lm5housechJfftlu. Rlsk m4nwm•nl The trustee5 h•ve i duty to Identlfy and redew the rfsks to whlth the th•rlty15 exPed ind to ensure ¥pproprlJte ¢ontrols are In place to pmlde reosonable SUranCe¥In$t fraud •nd vror. REFERENCE ANDADMINisfRATNE I)Erls R•ilsttred CharEtynymber 1180337 Prfndpal •ddves• 286 Mer5u RNd Colthester Essex C02 8qY Trust••s M Danlel, Ch•lrm•n Mis P Dew Iresllned 10ts125) Mis V McLachlan N Peck Mrsj Thtlty Mrs D L O'Rell G Kennedy lappolnted 2515124} Indep•ndMt Exwnln•r Slrnon Welllni TC Group Accountants Wall House B?Ikerne HMI Colchester Essex C03 3A0
FOR THE YEMI ENDfD 31 DE(eMBER2024 REFEAENCEMD ADMINISTrAllvE DET*JLS Sollcltors Anthony Colllns sl10r5 LLP 134, Edmund Street Blmilngham B3 2ES Bankers The Co-operauve Bank P.LC poBoxI l Balloon Street Manchester M4Ep Oerkto theCharRy Allson Smlth PO Box 993 Cokhester Essex C03 3TQ Approved by ryder of thE bDard oftrustees on 23 2025 and Sied on hs behalflyr. M Danl Trustee
INDEPENDENT EXAMINER'S REPORTTOTHEThUSTeES OF CHARITY OF ISABELLASOPHIA LEANDER Independent examlner's report to the twstee5 01 thaffty 011belI8 Sophla Leander I report to the charlty tnjstees on my examlnation of the accounts of Charfiyof Isabella Sophla Leander (the Trust) for the year ended 31 December 202Èk ftesponslbllltles and basls of report A5 the charlty trustees of the Trust you are responslble for the preparatlon of the a¢u>unts In accordan wlth the requlrements of the Charftles Act 2011 {'th•Act'l. I report In re5pett of my examlnatlon of the Trust's accounts carrled out under Sertlon 145 of the Act and In carryln8 out my e¥amlnatlon I hwe followed all appllcable Olrertlons glven by the Ch¥rfty Commlsslon under Sectlon 14SISllbl of theAct. Independentex•ffllner's>tatement I have completed my examlnatlon. I conllrm th* no materlal matters have come to my attentlon In connertlon wlth the ex•mlnatlon 6fvln8 me cause to belleve that In iny materf•l re5PErt: accountlng re¢ords were not kept In respect of theTrust as requlred by Se¢iion 130 of the Act: or the ¥cunt$ do not accord wlth those records: or the accounts do not comply vAth the appllcable requlrernents contem5ng thefomi •nd Content of accourts set out In the Charltles IAccounts and Reportsl Re8ulatton$ 2008 other than any requlrement that the accounts fve a trueand falrvlew whlchls not a matter con55dered as port of In Independent examlnatlon. I have no concems and have come across no other matteJ¥ In connertlon wlth the exèmlnatlon to whlch attentlon should be drawn In th1$ report In orderto enable 4 proper understJndln8 of the accounts to be reached. Slmon WelllnB Certlfied Accountsnt TC Group Accountants Town Wall House Balkerne Hlll Colchester Essex C03 3AD 27 Au8USt 2025
CHARITY OF ISABELLASOPHIA LEANDER SFATEMENT OF FINANCIALACrnlmES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total fvnds 2023 Total funds Unrestrtcted funds Restrirted fund End¢)wment funds Notes INCOME AND ENDOWMEf4TS FROM Charltablè actMtEEs Almshouse attlyltv 18,762 18.762 17,612 Investment Income 337 5,785 Total 25.050 337 25.387 EXPENDMJRE ON tharltableactlvltk5 Almshouse actlvltv 9?57 9,957 12.803 337 ,430 10,594 Net galn5 on Investments n4 5.178 3.557 INC(NE 19,557 20,608 14,151 Other reColsed 8alns111055e51 Galns on revaluatlon of flxed Net movement In fvnds 19.557 1,051 20A08 165,105 RECONauATrON OF FUNDS Totsl funds brouohtforward 139,070 I40 623A76 777046 612,341 TOTAL FUNDS CARRIED FORWARD IS8,627 ,soo 624.927 79&054 777,446 The notes forrn part of these financlal statements
CHARITY OF ISABELLASOPHIA LEANDER 8ALANCE5HEEr YI DEQMBER 21n4 2024 Total fvnds 2023 Total funds Unrestrtcted funds Restrirted fvnd End(rnent fvnd5 Notes FIXED ASSET5 Tangible assets Investments io li $96A99 28.028 611.399 168,9n 611,399 14JOO 624,927 780,371 764,743 CURRE1 ASSErs Debtots Cash at bank 1,369 13,418 18.133 18.133 IS73 19,573 14.787 CREDoRs Amount5 falllng due vthhin one year 11.8901 Iiwoi 12.0841 NET CURRENT ASSErs 17,683 17ffj83 11703 TOTALASSEfs LESS CURRENT UABILMES 158,627 624.927 79854 777,446 NEfASSEf5 158.617 500 624927 798,054 FUNDS Unre5tritted funds Restrirted funds Endowmentfunds 14 158,627 139,070 14.500 623.876 TOTAL FUNDS The flnandal statements were approved by the Board of Tnrstees and authorlsed for Issue on 23 Au8USt 2025 and weresi8ned on its behf by: M Danlel Mrsj Tltley Trustee Trustee The notes form part olthe5e flnanclal statements
CHARifY OF ISABEiiASOPHIA LEJIDER NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED31 DECEMBER 2024 TWISFER OF ENGAGEMENTS On l January 2020 the Jrtl7llle5. ?55ets and Ilabllttles of the Isabellè Sophla Leander Almshouse Chartty Ichaflty Reglstratlon Number 2329751 WetraTrSferred tothls Charlty. ACCOUlmNfj POUCIES Bwls of preparlngtheltn•ncW ststements The ftnanclal statements of the chailty, whlth Is a publlc benefftt entity under FRS 101 have been prepared In accordance wlth the th?rftles SORP IF 1021 'Accountlng artd Reportln6 by tharltle5'. Statement of Recommended Practlce appllcable to ch4dtles prepar5ng thelr actounts In accordance wlth the Flnanclal Aeportlno Standard appllcable In the UK and Republlt of Ireland IFRS 1021 leffertlve lJ8nu8ry 20191,, Flnanclal Aeportlng Standard 102 Yhe Flnanclal Reportlng standard appllcable In the UK and Aepubllc of Ireland, and the Charltles Act 2011. The ffln•nd41 stotements have been pr4)ared vnderthe hlstorlc81 cost conventlon, wlth the exceptlon th¥t housln8 propertles are Includèd at v•luatknn and Invellments whlch are Included Jt market volue. The financlal M•tements •re presented In Ster11 whlch Is the functlonal currency of the chorlty •nd rounded to the nearest £. Fund Accountlni Unrestrlcted funds c•n be used In iccord•n¢evArh the charlt¥ble oblettlves at the dlscr•tlon of the trustee5. Restrlcted funds can only be used for p8rtlcular restrlcted purposes wlthln the owects of the th)rlty. RestTIrtIon5 Brf5e when sprfIIIEd by the donor or when funds ara ralsed for partlcular restrlcted purposes. Pemianent th(Nment funds •re non-eXPd8b1e funds whkh •r• nornHlly held Indefinltelv. Further expl4n8tn of th• nature and puTp05e of each fund Is Included In the notes to the Ilnanclal 5tstement5. Golns ¢ontern The accounts ¥re prepared on 4 8oln8 concem basls as there are no mat•rf•l uncertalntles about the Char6ty's 4bllSty to ¢ontlnui. Incom• All Income Is reco8nlsed In the Statement of Flnancl¥l Actlvltle5 once the ch•rlty ha5 Entltlement to the funds. It Is probable th•tthe Income wlll be recelved and the ¥mount can be meured rellablv. Income from government and other Brnnts. whether 'cJpltal' grants or 'revenue' grants, Is reco8nlsed when the Chadty has entbtlement to thtfunds. any perfomiance c0ndltliS attKhed to the grants have been met. It Is probable that the Income wlll be recelved and the amount can be measured rellably andlg not deferred. For leiade5, entttlement Is taken as the earller of the date on whlch elther the ChafSty Is aware that probate hos been granted, the estate has been finallsed and nDtlficatlon has been made by the execuioTIs1 to the Charlty that a dlstrlbutlon 11 be rnade, orwhen a dlstrlbutlonls Tecelved from the emate. Donatlon5 ¥nd other voluntory Income are refiected In the attounts for the perlod In whlch are recelved. Donatlon5 in klnd are rKoBni5ed by the Charity when recelved except In the case of servlces provlded free or undervalue byvoluntsry staff orothers whlch are not refiected In the accounts.
CHARITY OF ISA8ELLASOPHIA LEANDER NOTESTOTHE FINANCIALSTATEMENTS- contlnued FOR ThE YEAR ENDED31 DECEMBER 2024 ACCOUNnNG POUCIES- ¢ontlnu Intsr•sl Recelved Interest on funds held on deposlt ts Included when recelvable and the amount can be mÈa5ured rellablw bythe Charlty: thls Is nomially upon notlflcatlon of the Intwest pald or payable bythe 8ank. Expendlture abilltie5 are retognlsed as expendlture as soon as there Is a legal or constnKtlve obllgatlon cornmrttinÉ the charity to that wenditure. it is probable that a trnnsler of etonomlc benetlts 11 be requlred in settlement and the amount of the obliBation can be measured rellabty. Expendlture Is accountd for on an accruals basis and has been classified under headines that a88re8ate all cost related to the cate80ry. Where costs cannot be dirertly attributed to particular headings they have been allocated to actlvltles on a basls consistent with the use of resourtes. Repalys and Malnlenance The charges In the Statement of Hnanclal Actlvltle5 In respect of Cycllcal Ma5ntenante and Extraordlnary Repalrs reflect the Ynjstees, constant concem to keep the propertles in good tondition. and are In accoTdaThce vAth the Almshouse Assotiatlons, retommendatlon that Almshouse tharftles should set aside each year spedfit sums In thSs respect. Transfers are made from the General Fund each year to the Extraordinary Repair Fund to tover extratsrdirtary repalrs as they arlse and to the Cycllcal Malntenance Fund to cover repa5rs vthlch arfseon a cydlcal basls. Support costs The Charity's 8ovunance costs are allocated entlrely to the M$house Costs sin¢e support costs relatlng to other actfvltles ale consldered ImmaterSal. TanBlbl•flMed a55ets Houslng Propertle5 The housln8 propertles are Induded In the accounts at their Insurance r•nstatement wdlu& Addltlons after each revaluatlon are Included at cost untll a further revalvatlon. The cost of refurblshment and Improvements to the exlstlng property are wrltten off to General Fund or Extraordinary Repair Fund as incurred. Any major improvements or extenslons to the property are capltallsed. The housing propert5es are not depreclated as revaluatlong are performed wlth suffldent reKularfty to sure that the carrying amounts are not MaterIal mlsstated. Investments In¥estrnent5 are shpwn on the 8alan¢e Sheet at thelr market value. Chan8es In market value5 durfng an accountln8 period are reflected In the aOunts as unrealised galns or losses. Upon dlsposal of an Investment the dlfference bew ortglnal cost and disposal proceed5 is rthected In the accounts ag a reallsed 8aln or loss and an adjtsnet Is made to unrealisetj 8alns or losses to reverse unreallsed movements in value in eadleryears. Debtors ContrIbuon5 and other debtors are recognlsed at the Settlement arrrf>vnt due. Prepayments arevalued at the amount prepald net of anytrade dlscounts due. Cash at 8ank Cash at bank and cash In hand Include5 cash and short term hlghty liquid investments wlth a short maturtty of three months or less frorn the date of acqu15ilion oropening of the deposit or simllaraccount.
NOTesTO THE ANANaALSTATEMENTS. (oTrllnued FOR THE YEAR ENDED31 DEceM8ER 2 ACCOUNTING pouaES. CreditOf5 and prwslons are retognlsed T*hwethe Charlty has a we5t obwtlon resulting from a past event that Mill probably result In the transfer of funds to a third party and the amount due to settle the obligatton can be mea5vred or tIMated reliatrAy. Crethttrs and prthrysions are rmlty reco8nised at th•r settlement arThwnt after allwng for ?nytrade dnts d The tharity b exwnofrom taxon its tharitable acthrftles. INVEsfMENfiNCOME 2023 Dkndend Incorne COIF deFsit actount #rterest 5.785 For year ending 31 Decembw 2024 attumulatkn share di¥ida)ds have l)een accounted for as Investmt additions and Investsnent Incc¥ne. The Comparatr amounts for the year ended 31 December 2023 have been redasslffied to refiett the accumulatlDn share di¥idend5. dend bncome ha5 therefore Incr&tsed from £1,126 to £5.773 and the net galns on Invest rethn8 frryn £8204 to £3557. refieciin8 the totsl aUMulatIon share dI¥1dd5 recel¥ed of £4647. 2023 Contrflxrtlons re(able 18,762 17.612 pport costs lsee Dote 71 Costslsee note 61 TotaEs 4379 957
CHARITY OF ISABELiASOPHIAiE*JIDER NOTESTO The FINANaAL STATEMENTS- cofvtlnued FOR THE YEAR ENDED31 DECEMBER 2024 DIREcf COSTSOF CHARABLEACnvrnES 2023 Water tharges Insurance Repalrs and rnaintenance Cydical repairs Gardening Sundry wenses 914 711 933 300 IN20 ioi 782 679 5.477 L430 4.375 9A13 SUPPORT COSTS Governan costs Management Totais Atmshouse actlvlty 3J186 2A92 5,578 Support costs. Induded In the above. are asfojjo. 2023 Almshouse mshouse actlvlty Admlnlstratltsnfees Subscrlptlons Professlonal fees Aecountanryfees Independent emarnlnatlon fee5 2019 267 2.042 153 975 220 250 5,578 3,390 TRUSTEES. REMiINEIiATION AND BENEFITS There were no trustees, remuneration orother benefits forthe year ended 31 December 2024 nof for the year ended 31 December2023. Thistses, expenses There were no trustees, expense5 pold for the year ended 31 December 2024 nor for the year ended 31 Decernber2023. -1
NOTES TO THE HNANOAL STATEMENTS.wThlknwd FOR THE YEAR EMDED 31 DECEMBER2024 Unrestrided ld5 Restrfcted fund Enth)wment ld5 Total funds INCOME AND ENDOWMEIITS FROM (rtIable acllvlues Jm5house activlty 17.612 17.612 Investment incornt S454 331 5,785 Totsl 331 23397 Ch¥ritslAe ath¥ltles 12A03 iQ263 331 94 Netgaln5 on In¥e5tm•rtS 2.345 357 INc(E 11.475 2.676 Other reco8nl*d DlnslO05se51 Galns on re¥aluatlon of ftxed assets 150.954 150354 Netmo¥emeAt lTrfvThls 11.475 153.6ao 165.105 RECONauAnON OF FUNDS Total funds brought ftyward 127.595 470246 612341 TOTAL FUNDS CARRIED FORWARD 14.YXI 623.876 777.446 10. TANGI8iE AXED ASSETS HouslnK properties COSTOIIVALUATICN At lJanuary2024 and 31 Deca)ts2024 611J99 NEf BOOKVAWE At310ecember 2024 6UJ99 At 310ecunber 2023 611 -li-
CHARITY OF ISABELLASOPHIA LEANDER NOTESTO THE FINANCIAL sfATEMENTS- contlnued FOR THE YEAR ENDED31 DECEMBER 2024 IQ. TANG18LE FIXED Ass£fs. Mrtknued The housln8 propertles are stated at valuatlon, belng at thebr In5urarKe relnstatement value as at 30 June 2023 of £611,399, whlch the tnjstees consldered to be the value as at 31 DEternber 2024. Cost orvaluatI< at 31 December 202415 represented by: Houslng propèrtles Accumulated revaluatlon 8alns Cost 46&9n 99 11. FIXED ASSEfiNVESTMENTS Usted Investments MARKET VALUE At l January 2024 Addltlons Remluatlons 153,344 50 At 31 Decambw 2024 NET BOOK VAWE At 31 December 2024 At 31 DecLYnber 2023 There were no Investment assets vutslde the UL C05t orv¥lu)tlon at 31 Oecember 2024 Is reprnsented by.. ilrted Inv•rtments Attumulated revaluatlon 8alns Cost n,209
CHAft1 OF ISABELLASOPHIAiEANDER NOTESTO IHE FINANCIAL sfATEMENTS- contlnued FOR THE YEAR ENDED31 DECEMBER2024 OEBTORS: Amoupifs FAWNG DUE WITHIN ONE YEAR 2023 Prepaymenis and accrued Income CREDITCIAS: PthlaUNfs FAWNG DUE IfftIN ONE YEAR Ct>nlAbuilons retelved In advance Trade credltgrs Atcruals and deferred Income 402 389 1.293 MOVEMENTIN FLINOS Net movement In lunds Trnnsfe bdween funds At 31,12.24 At 1.1.24 Unr•strt¢tsd funds General Fund Cycllcal Malntenance Fund Extraordlnary Repalr Fund Development Fund 13A99 53040 63,178 8.953 11,717 16,55 g.oso 3.$07 18,659 59,125 71,590 4,905 139.070 19JS7 158,617 RestrScted fvnd$ Communlty Fund 00 14,51XI Endowmenttunds Permanent Endowment Fund Housln8 Property Revaluat6on Reserve CapStal Recouprnert Fund 146,266 461,971 15 146,522 461,971 16 795 si 624,927 TOTALFUNOS 798,054 -13-
NOTESTO TrIE ANANCIALSTATEMENTS. ¢oThtlnyed FOR THE YEAR ENDED 31DECEMBER 2024 MOVEMENT IN FIJNDS-c•nlknKd Net movement In funds. Induded tn the above are * folk. omin8 Resources ns and losses Movement In fund5 UfvMstrTthd fvnds General Fund Cydlcal MOInteaTr(e Fund Extraorthnary Repalr Fund 0Pment Fund .9Si 178 L577 14717 I,7) ,ssy Endwnertfvnds Perm¥nent Endowrnent Fund C¥pltsl Recouprnent Fund 1S6 256 795 337 roYAL FUNDS 25J87 5,178 Cmp•r•tkn tty mo¥•ment Transfers At 1.1 In funds fund5 31.12.23 Unr¢rtrl¢t•d fvndi General Fund Cy¢llc•l M¥lntenance Fd Extraordlnary Repalr Fund Devdopment Fth)d 12.372 49,779 56,642 15.8791 2.829 13.499 53.440 63,178 Isi 127595 IL475 139,070 Rostrlcted funds Communlty Fund 14.500 Endo¥mi•bftfvnds Pemianent Endowm•rt Fund Housln8 Property Revaluatknn R•sorv• Capltal Recoupment Fund 145.312 311.017 13.917 954 150.954 1.722 146,266 461.971 470.246 623076 TOTALFUt4DS 612.341 165.105 -14-
OIARnY OF ISABELLASOPHIAiEANDER NOTESTOTHE ANANCIAL STATEMENTS. toNtknued FOR THE YEAR ENDED 310ECEMBER21 MOVEMENT IN FLINDS. c¢xrtlTrwd Coryaratlve net movement In fvnd5, kndwled in the •bo¥afe 1sfdlo. GTr$ and losses Ilthernent In funds General Fund Cy¢ll¢al Malntenance Fund Extraorthnary Repalr Fund Development Fund 18.751 {11.8351 19681 7.lJ)6 832 3.486 151 L973 1,513 151 IW03) 1.212 IL475 Endmmntluntts Permanent Endowment Fund Housln8 Property Rv4aluatton Resve plt•l Aecoupment Fund 954 150.9S4 954 150.954 1.722 331 331 153,299 153,630 TOTAL FUNDS 23 16S.105 Fuffid •ffjd Remrni P•rmanent End¢Th¥mont Fund The Permanent Endowment Fund h Inted p¥t In the Ch•rltVs l•nd •nd and p•rtty In Ihted Investments. The Fund Is not ey4)endatde but Income from Inve5tnnts Is •¥alb for the 8enernl purposes ofthe Charlty. Cabal In theln¥ests Is added tothe Fund. Sbperts Re¥•lvatlon Res•Ne The Housln8 Pfoperty Rvnluptlon Ae5erv¢ b pernunert ffidrMI)ert of the Chirlty •nd Is reprtt•tted by ihe value of htsIn1 propertles revaluatlon ¢alns. C•plt•l R•coupm•nt Fund Durln8 the year ended 30 June 1988 wrt of the Pemwnent Endgrnt Fund Investment was dlsp05ed of to fadlltate essentlJl rep41rs tothe C1$ FwertSes and h05 been re¢guped at £103 per annum over 25 years from l Juty 1988 to 30 June 2013. The Fund Is requlred io bE spe¢ffi¢alty Invested and Ifice from those InNrtmer ts ro91•d to be •dded tothe Fund arKI reNested C•rnmunltyFund Th Communrty Fund Is restricted and represents • grant awarded iry the Comrnunlty Fund for the purp)se of con5trucilnB rarnp access to eath almshouse and hard landsc•plne •round the •IhoUse propertles. tyllr¥l MJlnten•n¢e Fund The Cydlcal Malntenance Fund Ls unre5trkled but deskn*ed by the Trustees to cover the cost of cydlc?I rnalntenante as It arises. A tran5fw to the Fund Is made each yur from the General Fund of a spedfic amount aareed bytheTrustees.
CHARITY ISA8ELiASOPHIA LEANL)ER NOTESTO THE FINANaALSTATEMENYS- contlnued FOR ThE YEAR ENDE031 DECEMBER 2024 MOVEMENf IN FUNDS- ¢ontlnued Exlraordlnary Repalr Fund Th• Extraordlnary Repalr Fund Is unrestdcted but deslgnotsd bytheTrustees to covwthe cost of extraordlnary repalrs as they arlse. Atransfertothe Fund ts made yearfrorn thèGeneral Fund of a speclfic amount a8reed bytheTru5tee5. Development Fund The Development Fund Is unrestrlcted but deslun•ted by the Trustees tts ¢over fure capltal Improvements and trnnsfers to the fund aremade at theTru5tees dlstretlon. Genernl Fund The fund repruents part of the accumulated SUTpIu5es of the Charlty ¥nd Is wallablefor the 8enernl purposes of the CharSty. RELATED PARTY OJSCLOSUAES There were no rdated pirtytran5acilons fortheyear ended 31 Oecernbw2024. -1
CHARrrY OF ISAgeLLASOPHIA LEANDER DAlLED STATEMENTOFFINANaAL AcnvrnES FOR THE YEAR ENDED YI DECEMeER2024 2024 2023 INCOMEAND ENDOWMENTS Investment In¢ome DfvSdend Sncome COIF deposlt atcount Interest 5,773 12 625 5.785 tharltable acd¥ldes Contributions ieceivable 18,762 17.612 Total Incomlno r•sourc•s 25J87 23.397 EXPENDITURE Charltable atllvlilts Water thar8es Insuran¢e Repair5 and maintenance Cydlcal repalrs Gardenlne Sundry expenses 782 679 5.477 968 1.430 ni 4J79 9,413 Support cos Managemeni Admlnistratlon fees bscrlptlons 1819 2ffl 153 2,195 Governance costs Professlonal fees Attountancy fees Independent examination fees 45 997 250 975 220 1.195 Total resources expended 12,803 Net Incornè .430 10,594 Thls paBe does Dotfomi partofthe5tatutory flnanclol ststements -17-