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2023-12-31-accounts

BOOKHAM UNITED CHARMES REGISTERED CHARITY MO: 1182480 NANCIAL STATEMEifrs FOR THE YEAR ENDED 31 DECEM8ER 2023

INDEX Legal a￿1 AdmInIstra￿ve Detsi15 Trusiees, Re￿rt 24 IndeFendwbt Examirers, RerK¥t ststerwt of FIna￿l ALllvrtles BalarKe Sl*tt Notes to the FIna￿al Ststements 8-15

Pèje I LEGAL AND ADMINJsfRATIVE DETAILS On 15 March 2019 Bcd¢ham Unrtoj Charfties (tharity no. 204831) fomieJJ reglstered a new Charitabse Incorporattrj Organlsauon (ao) {drfty rKJ. 1182480) wlth tr£ Charlty ccffim1s￿0n, administered and managed ty a of tnjstees. The net assets and ath"wties of the 0ri95nal ￿nI￿Or￿rat&￿ tharity were transfer¥ed to the CLO ￿ Asset TTrnsfer loreement and VestiThJ DoJarat)n l Juty 2019 as a charlty reconstruction. The nan of the tharity has not than9&1. REGisfRATION NUMBEIL. 1182480 THE PRINCIPAL OFFICERS ARE: Rev A Jenklns Mr P H CYr￿k Mr C Harri5 Mrs D Owtrs air Mrs C Cunan Mr J F Stedman Mr K A Wckndl Mrs V S Hollingswcth mSSG￿h Treasurer to ￿ Truths (reslgned 15 Septern￿r 2023) Trustee Twstee Representstfve crf the Stalfflan Famlly Trustee Trustee Tru5teeiaerk to Trth (apkKInt￿ 3 A￿11 2024) REGISTERED OFFICE: 2a Flfe Way Kr23 3PH PROFESSIONAL ADVISORS: Ind•pendent Ex•mlnw: Ilthrd BillirwJhurst FCA Knox CroFW LLP Chartered Acownlants 65 Leadenhall street LoThJon EC14 2AD Bankers Nayonal We5tsninster Bank Pk Buyness Bankirrfj Department

Page 2 ED The Trustee5 suI)mit theK Ter￿ the finanaal stste￿ts for the year 31 December 2023. They have been prepared in accordan￿ wtth prowgcrs of k¢wntirKJ aNI Repyting ty (tsrities: Str￿ent of RecunmeThJed Practke to drities preparirKJ their accounts in accordarKe the FlnarKial Repjrting StsrKkrd in the UK and R￿t41C of IrelarKI (FRS 102). APPOINTMENT OF TRIISTEES The charity is govern￿ ￿ its CLx)"bJb"on which PThKJe5 the Rert(A of Parlsh of Great Bookham to te n ex.offioo trustee and the nominati￿ cl a memLw crf the Stedman famlty. Other Trn￿tee5 a￿ appointed by t￿ Board of Trustees and shall te Fwsors reSKJiro or orryirvJ on bu%ness in ￿ havlng a slgnlfkant nnecti¢)n to Great Bc()kham a￿1 thall be aprKAnted ts a ￿(￿j of ffve yea￿. Thwe must t no than three and no mtye than wght trustees at any tlme. Each new trustee shall te made avaiLJLqe before hls c hw first app)Intrrf a cwy of the Cons1)bJtion and any amaJments made to It and a cow of ttE latest Annual rewt and acccMJnts. Trustees wlll be sdeLXed wrth due regard to the ￿11$, knovAedge aThJ exFeri￿￿ need&J for the effective admlr1strati￿ of the charity. STATEMENT OF TRusfEES' RESPONSIBILMES The TrLtstees are resFrfm￿b1e for weparfrg tre annual repjt and flnandal statements In accc￿dan￿ wlth app4icalJe law and Unlted Klnojom Ac£ountlro StsThlard5 (Unit&d Kiwkni Generally At￿p￿1 Accountsng Practi￿), Indudlng Flnandal Rerortln9 Standard 102 "Tr Fina￿la1 Re[(¥￿1￿￿ Stsndard aFF41(abk In the UK nd Rep￿￿1( of [￿land". The law applicable to tharities in ErYJland and wa￿5, the Charltles kt 2011, Charlty (kctyjnts and Reports) Regulations 2C¥)8 arhj the pro￿￿n5 of tt trust deed r￿UireS the Trustees to financial *tements for each finanaal year whth glve a trLE and fvir vi&¥ of the stste of affairs of the tharity and of the dr￿mIr￿j re50uros and applicatson of resour￿ of the Charity for that ￿riod. In weparirffj those flnanaal statements, the Trustees are requ1￿￿ to: sdett 9J1tsb￿ a¢xountlro pjioes aThJ then ath them consistenty; obseNe the methods ènd pr1ndp￿S in the Cfvrty ￿RP. rTr3ke judgements and estimates that are rea5GWtle pr￿knt; state Whet￿ aFF41Gb￿ &counting stsndards and siatements of r￿￿MMended prath'￿ have L foll(Aved, SUb￿t to any material departures dithe(l and exrAa1￿j in the firkincial ststements," and p￿pa￿ the financial statements on the w'ng corKem unless it Ss IMFproprlats to presume that the tharity will continue to operate. The TrLtstees are re¥owt4e fcK keqm'ng woFer accojntlng reo)rd5 whth dlsdose with reasona1￿e accurdcy at any time the finandal Ex)sthn of d￿rity a￿1 to enable them to ensure that the finarKial statements compty w6th (harities Art 2011, the Charity (Accounts and Rerorts) Regulatiors 2008 and the provi510n5 of the tnJ5t deed. Tlw are also resF(rrit4e for safeguardlng the assets of the tharity and hal￿ takn reax>nable steps f￿ ￿ pfeventbn aTrJ det￿ti¢)n of fraud and othtr irregularitie5. RISK MANAGEMtKr The Trustees have id￿tr.fied ￿ risks to whith the Charity mlght be ex￿￿5￿1. induding risk5 to the Charity's reputstion and fInanc￿l The B08rf of TN$tees had a fvll and corYsKlered discus6KJn about risk management on 24th July 2024 and appr¢)ved a risk management poly. The risk r¢gistsr ha$ bggn overhauled and as a dynarr#G dctuThnt, wll be ￿¥￿We￿ regula￿ M￿gationS UF4Jat8d.

Page 3 IJ 11 PUBLIC BENEFIr The Trustees (r￿firrn that kn have ￿ferred to ￿ 9(￿d)IKe amtsinal in the Charty CommissifM'5 gerval guidance on put4ic benefit when wewiNJ the Charity s alms and obJ&YJves arml in pkinnlng future act}￿tieS and setbrrfJ grant makiry 2023. OBJECTIVES AND ACllVmES The objects of the ao are. put￿￿ ￿nefit. to relteve pwsorts woth a sl￿￿fiCart elts to Great or Ltttle Bcrt)kham or falliTrJ th to immediately neighbjuring Sett￿￿ts in ttE distrirt cl Mole Valley or falllng that to the &)rowh of &Jildf¢rd wtr¥) are in tr)￿n9 reed, ty provAth"ro almsh(ytse accnmmcrflat￿n,. and to relieve the financial hardship of perws wlK> a￿ radent withln the b)urYtsry of the Partsh of St Nicolas Great Bcokham by wowdlw to perso[￿ grnnts of (Y by F¥DvKllng or payirrfj for items, seNices or fadlltle5. The Charity Ow￿% malntsins the almslbxw rf Frtre Cottsges aThJ Hughes H￿Se W0￿dIr0 10 lf contslned untts of affordaI￿e h(x￿Tr3. In athjlilon, the TNstees agree cffle off grants made from applicatrons from within the Ancient Parish of Ikeat Boc&ham. The Charty ig ncrmalty in rKeipl of an annual grant from Honry Smlth Charity and diBpen861 grant• in acC￿rdIn¢• wth cnt&ria I￿ down in th• trust deed. {AJlhwh no S￿h want was re¢eW in 2022, the sum of £9,300.00 was ¢reditod in 2023. FINANCIAL RE￿ew- RESERVES POUCY The Charlty needs reserves to meet the rouune as wdl as C￿1(al aTrJ extraordnary repalrs of the pyoperttes. Tru5t&s are of the orin￿n that eJistirYJ of unrestitted reseThEs of £324,063 are ￿sOnable under the circumStsn￿. The Reserves Pdicy is reviev￿ at least e¥Ery three years aTrJ was lost reviewed In 2022. The Charity has inve￿ed surplus reS￿rte$ in ether income or accum￿￿ shares of M and G Chariues Mul Asset Fund. In assesslro the levd of ￿1Ve5 required the tru￿￿ have cc￿S￿dered the eo)nomk envlronmwt SIn￿ the (J of the finandal year. The tnJstees CC￿s1der that the impact on the tharity 15 unlikety to ￿ skJnlflcant and that It hc4ds suffb.ent reserves and can adapt ￿ expenditure a5 r￿Ssary to (cpe wlth any varIati￿5 Its InC￿e caused by the pandemic fry ￿ foreseeatde futu￿. REVIEW OF OPERATIONS The Charity disdosed net exFThlrbJre cl £12,851 for tr ojrrent yeor c(MnpareJ to rt exFthj￿u￿ cl £208 in the prevlous year. This tum¥round is wrnarity be￿uSt Ilats have bèen unt￿pied and an opportunity wa$ tsk•n to carry oui major refurbishments induding £30K in rekition lo No. 2 Hughes House. Overall. Rèpairs and Maintenance expenditure irK¥eased by £24K when ttmp•red wth the ffigure for 2022. Grants15sued thts year from Henry SmV(h Accumuthl FurKI also I￿ea￿ by £770 to £4,890 and income paid Into the Fund amuunted tD £9,3CLI. The pwfmno of the fina￿la1 markets resultal in a gnin the Charl￿5 ift*sts￿ts of £2,167 cOMpa￿d to a kJ55 In t1￿ wecedlro year of £2,973. REgJLTS The results of the Pthm Charitie5 for the year arE Set on page 6 to the finarKial state￿nts.

Page 4 BOOKHAM UNrr PLANS FOR THE FLrruRE The Charity will conts'nue to own arKI manage almshou$os at Frere Cottages and Hughes Htsjge and wlll also conunue lo make gronts in a¢¢ordan¢e 7Mth the cnleria kid by thè Hew Smitti Charty. Th• ￿Ve1 of MMCS at the 8lmshouses is kept under revivw and small intr8ases were implemented in June 2018, June 2029. May 2020 and April 2023. As considere reluth"shments have been undertaken in the last 2 years. expenditure on Repairs and Kla1ntw￿nea has s8tU8d to a mLbch lower level IBLKlget for 2024 - £20KI. Apprwod by th¢ Truett on ?6 .. 11 and sl9ned on thelr behalf by: klns

Page 5 I report to the Trustees cn my examinalth of the finarKlal 5tatemuts of Ik [￿1￿ the year ended 31 Decernkw 2023, whith cornF￿e the Ststement of Fina￿￿41 A¢av￿e$. Ba￿n￿ Sheet the related notes. This reF¥Jt is made trj the Trustees. a5 a trxth, in accrffdarKe with the term5 of my a¥Jag￿nent. My work has been undertaken 50 that I m¥Jht L7rry an Inde[￿NIent Examinats"on of the financial ststements In CCOrdan￿ the Ge￿al CY're(tior6 gI￿n ty tt Charity commisy0r￿5. To the fullest extent rErmitted by law, I do nct Kcept or asgjme reSp￿￿411ty to anyone other than ts Chartty and the Chartty's Trustees as a tody for my work or for this rew RE5PONSIBILrrIES AND BASIS OF REPORT The Charitys Trustees are res￿￿tIe for the royarat6cfi of the accounts In acCerfdan￿ wrth the requirements of the Charrties Art 2011 {Ihe Act), The Ctsrity's Trusiee5 CCfflSKber that an aLxJit is not required f¢y thi5 year (under Section 14q21 of the Charitses kt 2011) aTrJ that an In(￿ent Examina￿ is requi￿. I repyt In re¥t of my exjnlnatkn of thè Fcxthlatknn's actojnts ￿rTIal cmrt un(kn sKtion 145 of 2011 Att arKI In Wt my examlnath)n I have al the aF11cab￿ Dlrths given ty the Chartty Ccrfnmisslon U￿jer 5ecbon L45(5)(b) of ￿ A INDEPENDENT EXAMINERS sfATEMEpir I have ccffipletsj my examlnthn. I c￿flfft that no matertal mètter5 have cow to my attent1￿ in conneLtK lth examirN4Y¢)n giving me Ca￿ to belleve that In any mtenal rewt: (l) accountlng rec¢rds wwe not kq)t kn rwrtt rf the as r￿lre1 by seth'on 130 of the kt; or (2) the accounts do aC(￿d %wth those rectyts; or (2) I￿ tKcounts do cunFty ￿th the awicable rwtren ctsKemlro fomi and c￿t of accounts set out In the Charltles (ACc￿nts and ReF<xts) Regulakns 2CQ8 ottv than any requIrerr￿t that the accounts glve a Irue arKI fair view'wtr¥th is matter cmg'dertrj as partof an independent examlnati(Jn. I have no c￿ern$ and have ¢(xne auoss no rther matters In with examinatlcn to whlch atten￿on shouk1 ￿ drnwn In th15 rerAXt In (xdw to enabk a propw understsThJlrrfJ of the accounts to reached. Rlthard Bllllnghurst FCA l(nox Cropper LLP Chartered Ac¢ounl¥nts 6S Leadenhall Street London EC3A 2AD Dat• Q6

Page 6 NrrED 2023 Total 2022 Total Fund$ (Note 15) Income from: Grants and donatiL Chantsble Activities. Maintenance Cortrfbuuo Recdvab Voids 140 54,963 61,467 Irbvestrnents 507 7,991 4,618 Total Income 62,587 9,807 72,394 57,320 Expendlturn ¢Jn: Charitsb￿ Activiues 82,522 87,412 54,555 Totsl exp￿dIturn Net galnsl(108w) on Investments Net {expenditurn)Ilncome •rbd net mov•m•nt in fund¥ for th• 2,167 2,167 {2,973) (17,768) 4,917 (12,851) {208) Reconclllatlon of funds: Totsl funds brought fO￿ard 341,831 20.783 362,614 362,822 Total funds cathed fc4ward ioiii 362 614 PK¥)kham Unitoj CharitE5 rK acquired or any fUTrIarr￿tsl adivities during tt above two fIna￿[al years.

SAT31 2023 2022 FIXED ASSErs Houslng Propertles: At valua￿on Less Depr￿ja Investments 82,350 101 728 184,078 187,088 CURRENT ASSErs 412 1,147 Gish at Bank and In HarKI 167,9 182,014 CREDrroRS . Amounts falllr#J due Withln one year NEf CURREiif ASSETS 162,675 178,536 TOTAL NEf ASSErs FUNDS Rethcbj Unrestrfcted li io 25,700 324 063 349,763 20,783 362,614 The¥• fift)￿1•1 •t•t•n•rt* were approved by the Board on tc hy 2024 and slgned on Its beh•lf by: kl (Chalr) P Crook (Trustee) R￿IStered Olarity Number. 1182480

Page 8 BOOKHAM UNrrED C I. PIUNCIPAL ACCOUPITING POLICIES 8•sls of pre￿￿nI the flnandal statem￿. The Financial Statern￿ts Of￿ tharity. whith 15 a wbllc t￿efftentlty under FRS 102, have tseen prepared in a(￿rdan￿ wth ttE Charities S)RP IFRS 102) 'Acc￿Jn￿￿g Re[Ql￿ng ty Charttses., Ststement of Recommended prath￿ apr41cat4e to thanties preroring I￿1r accounts in aCcttdan￿ wth FinarKial ReFrfxb'ng StsrKJard applicable in the UK and ReW1￿1t of [￿land {FRS I021', Flnandal Re￿￿n9 Stsndard 102 Flnandal Repjyng Stsndard aprllcable in the UK aTrJ ReputAic of Ireland, aNI the Charibes Art 2011. The flnandal statements have teen weF6)red under the hlstorical cost convenb'on of accounting, as mc•JifièJ ￿ indudin9 LaNJ and Buil(Jings at the Trustee5' e5ts.mate of their value at 31 DLremt 1986 {Note 6) and Flxed A55et Inveknts at ￿rket value (Note 7). Golng Concern The trustees con4thr that tse a￿ no mattrial u￿er￿Intse5 aimxrt the Charity's ability to continLse as a g(4ng concern. In formiro this con1￿, tw have conslder8J the current ecomm￿ cllmate and future plans on l>Jth ts Incorre and exFeThllture fcf at knst a pericJ of iwelve Mc￿th5 frcffi the date of approval of th￿e finanaal Statements. In their cylnion Incon￿ is unlikdy to be affected signifi¢3ntly eyndlture can eagty ￿ tsilrAed to match the of Ir￿￿￿e received for the foreseeable future. The Charlty's reSen￿S are als) suffident to any sh)rt.tefm fl￿t￿tionS. Judgments and key of ertlmatlon unc•rtalnty No Judgement {apart from t￿ invdving estimates) have Lwi made In the prcKess of aF¢)IylryJ tr￿se accountlrKJ polt￿S that have a slgnfficant effect on arTrJunts recognised In the financlal statements. Flnarbd•l r•portlng standard 102- reduc￿ dlsdosure exempt fn preparing these finanoal ststements. the tharity has trken advanlage of the disdo$u￿ exernpt￿n, a5 Fernithd ty FPS 102'The FI￿n0a1 ReF¢yfiThJ StaThJard appl￿ in the UK and Republlc of Ire￿nd,, from the requirements of Section 7 Ststeft￿t of Cash FkJ4¥S. Hou$lng Prop¢rtle: The land on which all the trmjildirgs stsTrd. aThJ the ljmthses kr￿in a5 1.4 Frere Cottages were setded on the Trustees on 10 June I8￿ and there is m recorcl as to the cost c the land or Ixjildings. The bjlldings known as 5 6 Frwe Cottages were Subseq￿1t1Y added to 1-4 Frere Cottages trMJt the Trustees have no record as to the tost of bJlhllrwJ these two cottsges. The ￿Ms1￿)USe5 kncmn as 14 HL4hes House were bJilt in 1%9tIO at a c(6t of £11,146. H¢)ulng LaThJ and Buildirrfjs (Freehotd) Y￿e ststed at ￿ Tru5tees' estimate of their ¢¥en market value, subject to life tenancies at 31 Decemter 1986, ha￿ng regard to current rents malntsnan ¢c￿ltribUt￿lS recdvable èt that date. Prcpertbes a￿ defvted over an estimat￿1 ￿kI￿al economt Ilfe of 50 years. The transitkjnal tovislons of FRS 102 organi5ation5 that have revalued assets in the pas¥ to Use the Car￿"ng value Oft￿ assets in the latest accounts as the equivaknt of their deem&J cost, thereby av(MdwNJ the requIr￿)ent ft subso]uent Valuafj￿ The Charity toc& athantage of the￿ provisicns. IXh•r fix•d AsT•ts: Targ1b￿ fix&1 assets other than ￿UsIng [ryert￿s arE atèJ at cost. Depr￿lat￿ffi is calcukted $0 a5 to wrfte rrff the costof fixed assets on a sbaKJht.Ilne ba￿S over the eX[￿ted useftjl Koncffilc of the assets ccffKernal. The annLkil rate Lsed for this wrFose Is: Fxtures and FrttiTrJ5 - 25% annum

Page 9 I. PRIMCIPAL AccouiifING POLICIES {coiifiNUED) Investments are a frjmi of trAlgC fina￿3)1 in5tnJment and are Ini￿al￿ rknJni￿l at t￿1r transaction value and subsequentty mea9Jrod at thar fair valL as at the Bakin￿ Sheet thte using the cb5ing qu0￿￿ market aJ5f of a￿umUlation Sha￿ indLJgJ in f￿ed a55et Investments incI￿je$ IncLm)e In ￿$￿￿tt of tlw Sha￿ whth is nc thstritxJteAJ is retrIn￿l In tre fv￿1 Is refiected in tha'r quoted martet prke, Real￿1 unwlised galnsl{ksses) on are ￿ected thrcwh the Statswent of Flnanclal Acbw'ties. Realised gainsl{h)sses) ¢ investments are (akwlated as the difference betsveen sales ptueeds and thdr O[L￿Ing value or their purchase value if acquired subsequent to the fi￿t day of the firkinaal year. Lknrealised gain51(1055e5) are calcukited as differen￿ betr￿en the fair value èt the balan￿ sheet date and ￿"r cary1￿j value. Realised ar¥J unrealls8J Investment gains and 105se5 are coM￿.ned in t￿ ststeThwt crf financial Activit Flnandjl In•truments: The charity On￿ ha5 financial asts finaThial INibilrbe5 cé a Wnd that quolify a5 b0￿C flnarKlal instruments, con%sting of qwted investsnents. cash at banl debtors aTrJ ueditors. Basic financkal Instruments a￿ Inltyauy reccJntsed at tranwtim valL arJ sWuenty m&igJred at thdr 5etdement value. Incom•: AJI Inccrfne frs recctyjnised In the Statano of Fln•Kkil kb'vltles the tharlty has entjdement to the funds, It Is prot4ible that the ￿KOn￿ wll recthed aNI the amwnt on te measur￿1 rellably. ExpendI￿re. Lkibilities a￿ recrJnts&J as exreidItu￿ as soon as thtre Is a kgal ￿ constructlve obllgayon commltttng the charfty to that eXtndItu￿, It Is tYobat4e tl¥3t a transfer of &onomic benefits wlll be required in settle￿t and the of the oblwvon can be measur&d rellabty. ExpeTrJiture Is accounted for on an accruals basis has Lwi dèsgfied ur¥Jtr headings that agJregate all costs related to the category. Where costs cannot te diredjy attrlbuted to FortbJk4r ￿adir￿S ￿Y have allc¢ated to acfjvlJes on a ba&s congstent with the use of reso Cydlcal Repalvy and Malnten•nc•: ewkham Unrted Charities has estsblLd a wukir kycgramme cl rydical repèirs and maintenan￿. Costs are thar9ed to the Revenue Account in the year kn %¥tiich ty are incurred. Extrnordinary Repalrs: The costs of extraordinary re￿irs, Unl￿ ￿pr￿ltir9 improver￿nts to wcoertles, are charg8J to the Revenue Account in ￿3r in they are ifi￿rred. Cycllcal Repalrs and Malntenance Regerve: This reseNe rerKesents anY)unts set ayde ryd￿al maIn￿an￿ to meet costs In excess of ￿dgeted eXt￿d￿ure any year. Extraordlnary R¢palrs fte￿￿. This reserve reryesents anM)unts set agde io cary txrt mak* wairs on HousiNJ ProFertles. This Rjnd rwesents that wCpJti'￿ of cost clprorthes ¥¥hfjd) was financej by ctk3titsble donations nd Tnjst's own re5wr￿. Value Added Tax: Bookham Unitt¥J Charities is registw&l for Value A￿￿ Tax. In these Finanthl Ststements, where ppIKable, eXPdKh'ture is shown irtluswe of VAT.

Page 10 BOOKHA IAL sfATEME EAR EN INVEsfMEpif INCOME 2023 Total 2022 Total Funds Funds Bank DeF•)slt Interest Dlvldends Income 3,346 507 3,853 850 507 7,991 4,618 CHARrrABLE ACTivmES 3a, ThrertCo* Rertrlcted Funds 2023 Total 2022 Totsl Fun Grants Glven (AssIStar￿e to Padthlcnerslstudents) Rates arKI Water Repalrs and Mainterkin Legal and Professional Fees Electn"cty aTrJ fAs LnsutBrKe Sundry ExFenses SKudty Malntenar(e Cmtrbutlcns wrltten (If Depreciatic Coundl Tax Alam Service 4,890 4,890 4,120 1,598 60,594 4,320 2,594 1,014 1,598 60,594 4,320 2,594 1,014 1,742 36,089 2,976 1,087 1,510 3.050 3,050 3,050 293 77,506 4,8gN) 82,3% 50,867 3b. SuppNt Costs SubscrIpt￿$ P05tsge and Sta Accountsw Fee 276 276 210 58 5,016 5,016 3,688 CHARThABLE EXPEMDrruRE KEY MANAGEMENT PERSONNEL Key rnanawent rV50n￿ a￿ tlw p&S￿5 haviro authorlty and respMtilTty FAannlrrfJ, dlrttttng ènd controllirrfJ the acbvthes of the tharity. dlrecdy ￿ Indir￿VI I￿￿u￿￿n9 any trustee ¢1 ￿ tharity. The key management FWSonnd ofthe tharity are the trust￿5. Tr Trustees [￿VIde servKe5 free ofcharge (2022: INII). No value is refiect&J ill the acc(KAnts for the donated of the Trustees. Trustees have teen r￿mL￿r5￿￿ pJstsge, stabwy sundry durtrrfj the year £57.89 (2022: £58.50).

Page 11 M UNTfED CHARM 31DECEMBER 2023 5a. NET INCOME FOR THE YEAR IS STATED AFTER CHARGING . 2023 2022 Dewedaticfi - TarKJl￿e Flxed k55ets Indyndent Examinerfs Fee- current year IndeFertht &xBminerfs Fee- pri(x year msk)n 3,050 4.740 3,050 3,420 5b. TAXATION Bookham Untted Charlts Is a rwJi5twed tharlty aTrJ is. therefore. exemtt from ltablllty to tsxation on ncfi- tradlro inCc￿e and ca￿tal galns pThldlw these are to charitable purFQ5e5. FIXED ASSETS HOUSING PROPERTIES 2023 Totsl Completed Housin9 Propertl 2022 Yotal Completed Houslng Propertles At De4med Cort: At l January 2022 and 31 D￿eMt• 2023 Balan￿ b￿ght forward at l January 2023 Charge for year Dekreoatkn carrl&J forward at 31 O￿t￿r 2023 Net Book Value at 31 D•c•mb•r 2023 70, 150 67.100 79,300 82,350 ()) Hougng Land arKI 8uiklirbg5 (FreelK4d) are 5tsted at deemed cost, being the Trusteeg estsmate of their oFen market value, subjett to lrfe tawnties at 31 Decemtw 1986, ha￿ng regard to the current rwts aThJ malntenan conthbutbns recwat4e at that date: 14 Hughes House, Great B(okham 14 Ffft Cottage5, Great BcJkham 5 6 Frwe Crttsges, Gr&it knkhèm 60,DJO 40,000 40,0 152,5OJ 152,500 Ib) Tr ortn market valLt with vacant rosse5￿ of the atK)bTrmerrtS)nèJ properties would have b￿n 5ubstsntlaly in ex￿ of atove Val￿ at 31 December 1986. {c) There is ￿ rThl as to costs crf the or buildiw5 krKy￿ as 14 aThJ 5 6 F￿￿ Cottage5. The Jmshouses kTrJwn as 1-4 HLwJhes House Vlve 1969170 at a cost of £11,146,

Page 12 FOR THE EMBE FIXED ASSErs INVEStMEPITS Market Value 2023 20Z2 2023 2022 Nab"onal A55c(lat￿n ￿ Alm*￿seS Common Investment Fund Income Share5 N£cumulation Shares 2,658 2,658 5,793 5,695 29,543 29,543 107,788 101,728 MOVEMEpif IN SHARES 2023 2022 Incom¢ Sh• At l January {Dmaselllncrease In Market Value At 31 Decemter 5,695 98 5,793 5,879 183 5,695 Accumul•tkffi s￿ At l January Income Acojmulated Inueasel(Decrease) in Market Value At 31 De￿mber 96,033 3,893 95,280 3,543 101,995 107,788 96,033 101,728 TOTAL DEBTORS 2023 2022 Amounts falling due within Cl￿ year: 412 655 Malnterk1r￿e Ccniributi￿5 due 492 412 CREDrroRS: Arr￿Unts falliNJ d within one year: 2023 2022 Accrua15 4,740 3,478

Page 13 KHAM HA Jjp ENDED 310ECEMBER 2023 10. UNREsfRIcfED FUNDS Cycllcal Repalrs & MalnteThanc4 Charftable Funds Property Reserve Ordinary Repalrs Total Balan￿ Brought Fcward 341,831 20,17S 46,512 275,144 Unrea115ed Galn on In￿Strnents Net income for the Net M¢)¥ernents in Funds for ￿ year 2,167 128 295 1,744 117,768) (1,049) (2,417) {14,302J BalèrKe Carried Fmvar 324,063 19,126 44,095 260,842 The purpys of these luTrJ5 a￿ detallwl In N(e I, accwnYrKJ Fdkle5. 11. REsfRicfED FUNDS The FRERE Cottsge Th• H•nry Smlth Accumulat•d Fund SN•rs A￿M￿lI1•d Ac£um￿al•d A￿mu1•t1d Fwd Fund Fund Balan￿ Brwght Fcyward 20,783 37 711 12,796 7,239 Tnvestment Ir￿me Grant Recdvè Grants GNen Irs & Malntenan 507 9,31)0 (4,8g￿} 18 312 177 9,3fM) (4,890) 4,917 18 312 4,587 Net Movement In Funds for the year Balance Cathed Forward 37 The income funds of the Charity indude restrthd ftjnds c(wnprisry ￿ fcllowiro urwpend&l bala￿eS of ￿¢￿atiOnS ancf Oth￿ IrKome hdd on funds fc¢ SFedfic (a) The John Brnwne Accumulated FuThJ, sr Georye Shlers Accumulated ￿jnd and the Henry Smlth AcLumulated FLThJ were srt up to aS5iSt Steofic tharitst4e pur[￿ In Great Bookham. {b) The FRERE Cottsge 0￿rIty PmThulated FurKI has ten set up for the wJvLslon of alms￿u5e acc0mmc#Jatic￿ fc¢ 10 ladles who have reskled: in the area of the knient Parish crf Great ￿haM,. or (il) in the MO￿ val￿ ￿stric¢ c (iii) elsev￿ Yith Chartty Conyntsskn's a￿SenL

Page 14 NrrEO YEAR ENDED 31DEC 12. ANALYSIS OF NET ASSErs BETWEEN FUNDS Flxed Invejb Currffit Cyrrent Llabllltles Totsl John Browne N£oJmulatal Fund Sir Gemxge Shle Accumulated Fund The FRERE Cottage Chanty Ac￿m￿lat￿j Furbd The Henry Sm Accumulated FuTrJ Retyicted Fund5 37 37 n9 n9 13,108 13,108 11,826 11,826 25,7rJ) 25,7(KJ Unrestr1￿ Fund5 324 063 79 3 349,763 79,3fyJ 107,788 167,900 (5,225) 13. CAprrAL COMMm4ENTS 2023 2022 Cat¥tsl Exrenditwe that had teen contrart for Eyjt not been provkjed for in ttE Finafyial ststements at 31 Decemk 14. COPmNGEKf UABILMES At 31 c￿mber 2023 there We￿ rKJ known CL￿￿'1¥jent Ilabllities {2022: £NIII.

p￿15 15. COMPARATIVES FOR THE STATEMEpif OF FINANcfAL Acnvrri£s 2022 Total Funds Income from: Grants Ch3ritst4e A￿￿tr"es, maIntwan￿ Contrlbuuu ReTrVa￿e Vdds 2fXI 2C(I 61,467 61,467 Investments other irKome 4,512 106 4,618 Tot•1 Ino)m• 57,214 106 57,320 Éxp•ndlture on: Charitsble Activfts5 1,435 4,120 54,555 Tot•1 ¢xpffidltur• Net (lo%•es) on invertments Net Income and net movement In funds for the year 3,806 (4,014) (2CO) Recondllatlon of funds: Total funds bwht fotward 338,025 24,797 362,822 Tcrtal funds carri&l fon¥ard 362 614