CHARITABLE NCORPORATED ORGANISATYON REGISTERED CHARrrY NUM8EA.. 1186499 iAOY D'ARCY WITH FYNCHESAND BERRYFIELO co￿AGEs ALMSHOVSE CHARITY FINMCIAL sfAIEMENTS FOR THE YEAR ENDED JI MAAOI 1024 L4DYD'ARCY FYNCHES AND BERRYFEELD COThAGES ALMSHOUSE CHARITY CONTENTS OFTHE FINANCIALSTATEMENTS FOR THE YENR ENDED 31 MARCH 20Z4 Page Report oftheTrustees I to 4 Independent Examlner's Report Statement of ￿nanCIal Atli¥itiES B•l•nce SheEt otesto the Fthandal Statements 8 to 18 Detailed Statemert of Financial ActNitie5 19 to 20 LADYD'ARCY I•ATH FYNCHESAND BERRYFELD COThAGES ALMSHOUSE CHARfrY REPOAT OFTHETRUSTEES FOR THE YE￿ ENDED 31 MAR(112024 The Trustee5 presentthar reportalirywith thefinèncièl staiemertsof the£haritYfc￿theyew ended 31 Marth 2024. The trustees have adopted the pr¢y4i5ions ol the Stat￿ent of Recommendèj Practice ISORPI. ALcountin8 and Reporting by Charities in preparin8 the ann￿￿ repcrt and financ¢￿ slawnentsrfthe charity. The finantKI1 ttate￿nts have been prepared in ￿darKe with the accwnting set out in notes to the accounts ￿ pa8es 8, 9 and 10 aTrJ cOm￿Y wtth thÈ £harit¢s goveming dotumenL the Charities Act 2011 and Accounting and Reporting by Charibe5: Staternent of Recornmended Prxtice apphcable to charitie5 prepariw their accounts in accordance ￿th the Finan0￿ Reporting StarLtsd applicable in the UK and Republic of Irdand put4ished lfi Orteber 2019. ObjectNe5 and alms The Objects of (harity are.. i. the woM5ion and maintenance xcommCd4ti￿ for per50n5 who are in need. hardship or thstre55 and who are ￿sIdent in Cc4che5ter. Essex.. and 2. such th&ri￿le purposes ftr the benÈfit of the residents a5theTru5tees thride. 7p1￿4110￿ of Inccrfne The net srKorne shall be applied first to repair. irwe and meet al other outgoings in respert of the Charitys operties and all proFer costs of the Ch¥iWs administratiDn and frkninagement Thereafter net inwme shall applied for the benefit of the alm5peop* of the Charity. Slgnlfitantarti￿tles The activities of the Charity are the W0￿510n and rn•rrtenan￿ of twenty seven almshouses for the benefiuarfes. The nefic¢ariesmu5t te persons who are in TEe4 hardship ordi5tress and wthoare re5i(knt in (drt￿Ster. Essex. Publ1¢ bqnefft These actiwties are cMsidered to be forthe puwir L*nefft and in runningtt* Char￿ the T￿￿ee5 ha¥è regard for the tharityComrni55ion guidance on publK AtsIIEVEMENT AND PERFORMNJ4CE Chaittable athVI￿e5 During the year the Trustees, c￿OrTh for the welfare of residents contmued through ie8dar communication and 1ri51t5 to them. There was a thOro￿￿h rewew {* the Weekty Maintenance Contribution, a￿1 5y5tem for its £ollection. The Wee￿V Maintenwce Contrijiution wasstaTrdardised to athieve afair and transparent system. FINANCIAL REV5EW nanfial posith)n The Charity'sfinancial position 15 as 5et¢Nrt in the B3￿r￿ Sheeton page 7 aThJ ￿cOnSI￿red 5atisf&thry. Reserve5 policy The Charity's polcy cffj reser￿ is to maintsin reserve5 to e￿a￿t the Charity to continue to athieve Its principal object￿e5. FufuRE PLANS The trustees have ¢￿SIdered the O￿toMe5 d the Quirv4uenntal Irspections and have treakd a comwehen5ive strategy and ￿an to ensurè the eftertive rnaintenantr of prwertie& s￿L￿vR£ GOVERNANCE AND M￿￿￿￿ME1 GoveMingdo￿rnent The charlty IS 8overned in xcordance wth a corstitution ad￿ted on 21 N￿ernber 2019. LADYD'ARCY WITH FYNCHES AND 8ERRYFIELD COTTAGES ALM5HOU5E CHAR ￿y REPORT OFTHETRUSTEES FOR THE ENDED 31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANAGEMEI RecNltmentand appolntment of newtrustees s vacancles for Trustees arl&e applicatlons are sought from potentlal candldaiÈs known to the Trustees and other 5Ultable Iccal people. Applicants are then considered by the Twstees and appolntments made by resolut￿￿ of the Trustees. Organ15athnal 5trutture Dayto day administration of the Charity is carried rxjt by the Clerk who reports to the Trustees. Indurtlffi o*d tr¥lnknB olnewtrustee5 New Trustees are bliefed by the Clerk the existing Tr￿tee$ on the history and attivlties of the Charity. They are provided with a Copy of the Charty Cornrni55ion publication The E55ential Trustee detailing their responsibilities and pr￿lding guidance on being a Trustee. New Trustees are pr￿Ided wlth a copy of the Charty 5cherne and the latest accounts. Related partles There are no other tharities related to the Lady Uarcywlth Fy￿he$ and Berrtheld CDttè8es Njmshouse Charlty. Risk managèment The trustees have a duty to Sdentlfy and revlew the risks to whith the charfty is Èxposed and to Ènsure appropriate controls are In plate to PTtp4ide rEè50nable a55urance 4gain5t frwd and error. Through the employment ot profÈssionÈl Èd¥isÈrs the Trustees seek to ensure that all of the Charity'5 rn3nagernent and dttision makin8 processes tike full account of, ènd comply wth, relevant legislation and regulatuy tontr¢ls. Insurance including property ownership and public liability Ls reassessed annually. REFERENCE ANO ADMINISTRATIVE o￿AlL5 Registered Charftynumber 1186499 Prlnclpal address Fornham House 227 London Road Colchester C03 8PB Trustees P C D Irven- Chairman E A Bloornfield N G Humphreys P M Bareharn Ms S A Reeves M Minter (appointed 21131241 Iresigr*d 29141241 P Jones lappolnted 16131241 LADYD'ARCY WITr1 FYNCHESAND BERRYFIELD COTTAGES ALMSHOUSE o￿AlTy REPORT OFTHETRu¥fEES FOR THE YENR ENDED 31 MARCH Z024 REFERENCE AND ADMINISTRATIVE D￿AlLs Independent ExamlnEr Simon Wellir Haine5 Watts Chartered Accountants Town WHII House Colchester Essex C03 3AD 5ollcltors John Fowlers Saint Runwald Street Q)Iche5ter Essex COI IDS N4Lvi5ers aerk to the (tharity Ali50n Smith (to 15 July 20241 286 Mersea R03d Colchester Essex C02 8QY VIV￿nne Depledge (from 15 July 20241 Fornham Housè 227 London ft￿d Colche5ter Essex C03 8PB Bankers Barclays Bank PLC 9 Hi8h Street Col£hester Essex COI IDD Consuhnt Arthltects Daniel Connal Partnerslyp The Crescent ColchÈster Essex C04 9YQ LADYD'ARCY wrrH FYNCHESANO BERRYFIELD COThAGES ALMSHOUSE CHARfTY REPORT OFTHETRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Approved by order ofthe board oftrustees on......... ........ and slgned on its behalf bv.. P C D Irven- Trustee INDEPENDENTEXAMINER'S REPORTTOTHE TRUSfEESOF LADY D'ARCY WITH FYNCHE5 AND BERRYFIELD Co￿AGEs ALMSHOUSE CHARITY Independent ¢xamlme¢s report to the t￿￿eeS of Lady D'Ar¢y ¥Ath FyrKhes and Bwrylield Cottages Njmshouse tharity I repryt to the charity trustees my examlnation ol the accounts of Lady DArLy with Fynches 2nd Berryfield CottaBe5 Alrnshouse Charity IthÈTrustl fortheyear ended 31 March 2024. Respansibilities and basls of report the charity trustees of the Trust you 3re responsible for the preparatlon of the accoun1$ in aCCorda￿e with the requirernent5 01 the CharitiÈs Act 20111'the Att'l. I report in respect of my exarnination of the Trusvs accounts carrled out undersection 145 of the Att and in carryin8 out my examination I havè followed #ll app11£a￿e Directions given by the Charity Cornrni55icn under Section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I conflrm that no material matters h4ve COME to my attention in connettson with the examination giving me cause to believe that in any material rÈspÈct= accountlng records wwe not kept in respect of theTrust BS required by Section 130 of Act.. or the account5 do notatctrrd with those records., or the accounts do not cornplywith the applicable requirements conceming theform and content of 3ccounts Set out in the Charltles (Accounts and Reports) Regulations 2m8 other than any requirement that the ￿(Cunts give 3 true and fairviewvihich 15 not a m3tter considered as part of an independent exatnination. I have no tontÈrns 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 Kcounts to be reached. Slmonwelling The Assoclation of Chartered Certified Al￿ountants Haines Watts thartered Accountants Town Wall House Colehester Essex C03 3AD Date.. iADYD'ARCY wrrH FYNCHES ANO 8ERRYFIEiD co￿AGEs ALMSHOUSE CHARITY STAYEMEMf OF FINANCIALACTIVfflES FOR THE Y&IA ENDED 31 MARCH 2024 2024 Total fvnds 2023 Total funds Unrestricted funds Re5trirted fvnd EndowmeTrt funds NDtes INCOME AND ENDOWMENTS FROM Chafftable irtivltles Almshouse attniity 169,123 169,123 158,519 Investment Income 6,832 6A31 4810 Total 175,955 175.955 163,329 EXPENDITURE ON ChaY4table attfvttles Almshouse actniity 89,638 89.638 81,756 86,317 86,317 81,573 Net gainslllossesl on Investments 14.161 913 NET INCOMEIIEXPENDtTVREI IOOA78 19131 99.565 77.899 Tr*sfers between funds 14 170671 7,067 Other recogni5ed galns11105sesl Galns on revaluation of fixed 355et5 108,697 108,697 1.323,431 Net movement funds 93AII 114wi 208,262 1,40L330 RECONCILIATION OF FUNDS Total funds broughtforward 369,073 5.502.362 5.87L583 4.470.253 TOTAL FUNDS C4RRIED FORWARD 462.4B4 5,617,213 6,079,845 5,871,583 CONTINUING OPERATIONS All income and eX￿ndit￿re has arisen frem Contsnul￿ attivities. The notes fomi p8rt of these finanaal 5taternents LADY D'ARcYwrrH FYNCHE5 AND BERRYFIELD COTTAGES ALMSHOUSE CHARITY BALAN￿ SHEET 31 MARCH 20Z4 2024 Total nds 2023 Total funds Unrestricted funds Restricted fund Endowment funds Notes FIXED ASSETS TanE1b￿ a55ets Investments io li 5,543,3LX) 73,913 S,Y3,448 362.005 S,434.751 277,705 288,092 288.092 5,617,211 5,9Q5.453 5.712,456 CURRENT ASSE15 Debtors Cash at bank 12 5A5Z 189,233 5,164 179,522 189,233 195,085 195,085 184,686 CREDITORS Amounts fèlling due urithin one year 13 120,6931 110.6931 125.5591 CURRE￿ A￿ET$ 174.392 174,392 159,127 TOTALKSSEfs LESS CURRENT LIABILITIES 462A84 5.617,213 6,079,845 5,871,583 NEf ASSErs 462A84 148 5,617,213 6,079,845 5.871,583 FUNDS 14 Unrestricted funds Restricted funds Endowment funds 461484 369,073 148 5502.362 5.617,213 TOTAL FUNDS 6,079,845 5,871,583 anci 5taternents were approved by the Board of Trustees and authori5ed for issue on and were SiEned on its behalf by.. OK,) [) P C D Itven- Trustee P M Bareharn- Trusiee The notes form part of these financial statements LADV D'ARcYwrrH FYNCHES AND BERRYFIEUI COTTAGES ALMSHOUSE CHARITY NOTE5TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 TRANSFER OF ENGAGEMENTS On l April 2020 the èthvlties. assets, Ilabillties and ftsnds and reseNes of The Lady D'Arty wlth Fynches and 8erryfleld Cottages Almshouse Charity (Charity ReElStration Number 11048821, referred to in these financial statements as old charlty. were transferred to Ihls Charlty. ACCOUNTING POLiaES asb5 of preparlng the flnanclal statements The flnoncial statements of the charity, whlch Is a publSt beneflt entity under FRS IOZ. have been prepared In accordance wlth the CharStles SORP IFRS 1021 'A¢couniing and Reportln8 by Charltles.. Statement of Recommended Practice applicab12 to charlfjes prepar4n8 thelr account5 In accordance with the Flnanclal fleporting Standard applicable in the UK and Republlc of Ireland (FR5 1021 leffective l January 20191,, FSnancial Reportlng stsndard 102'The Flnan¢lo1 Reportlng Stondard applicable inthe UK and Aepubllc of Ireland. and the Charltle5 Act 2011, The flnanclal statements have been prepared under the hlstorScal cost conventlon, ￿th the exceptSon th•t hou$ln8 propertles are Included at valuatlon and Investments whlch are Included at market value. Fund Ac(ountln8 Unrestrlrted funds are avallable to spend on actSvltSe5 that further any of the purp05e5 of Charlty. De518nated fund$ are unre5trlcted fund5 01 the charlty whlch the trustees have declded at thelr dlscretlcn to set a51de to se for a speclllc purpose. Restrlcted funds are funds whlch the donor h45 5pe¢lfied are to be solely vsed for • plrtirular purpose. Permanent endowrnent funds are non-expandable funds whlch are normalty hdd Indelniiely. Golw Concern The accounts are prepared on a 8oln8 concern b¥*$ as tl*re •re no Mate￿?1 Un¢ertaIn￿¢S aboui the Ch•rlty'S abllty to Con￿n￿e. Income All Intome Is reco8nlsed In the Statement of Flnanclal Ath¥Atles once the charlty has entitlement to the fund¥ It 1$ probable that the Income will be received and the amount can be rneasured rellablv. Inceme from government and other 8rants. whether '¢1tYtal' @rants or 'reYenue' 8rants. Is reco8nlsed when the Charity has entItlem￿t io the funds, any perfcrmance condltlcns attached to the grant5 have been rnet. It Is probableth•t the incorne will be re¢elved and tht amount ¢ari be measured rellably ènd Is not deferred. For le8aelÈs. èntit1emÈnt is taken as the e•rliÈr of datè on which either.. the Chadty Is aware that probate h8s been granted, the estate has been finallsed and notlfication has been made by the executorl51 to the Charlty that a dlstrltryJtlon wlll be made, or a dlstrlbutlon Is recelved from the estate. Donatlons and other voluntary irKorne are reflected In the accounts for the period In which they are recelved. Donatlons In kind ¥e recognised by the Charlty when recenfed except the case of servlces provlded free or undervalue byvoluntary 5t3ff QT Other5 which 3Tr not rellectèd in the attounti. Interest Rect￿ed IntEr2st on fund5 held on dEposIt is Included when receivable and the arnount can be measured reliably bythe harity.. thls Is normally upon notlflcation of the Interest pald ty payable by the Bank. iADYD'ARCY WITH FYNCHESAND BERRYFIELD COThAGES ALMSHOUSE CHARITY NOTES TO THE FINANCIAL5TATEMENTS- contknued FOR THE YE*A ENDED 31 MARCH 2024 ACCOUNTING POLlaES-tontlnued Exp•ndknr• Liabilitle5 are reco8nised as expenditure as soon a5 there 15 a le8al or constructive obli8ation committing the charity to that expenditure, it is probable that a transfer of economlc beneflts wlll be requlred In settlement and the amount of the obllgatlon can be measured reliably. Expenditure 15 accounted for on an èccruals bas15 and has teen classlfled under headin85 that a88re8ate all cost related to the tategory. Where c05t5 cannot be directly attrilwted to particular heading$ they have been allocated to artivities on a ba515 consistent wlth the use of resources. Re￿IrS and Malntenance of Propertles The charge5 in the Statement of Flnanclal Act1vltles In respect of Cycllcal Malntenance and Extraordln¥v Repalrs rellect the Trustees, constant concern to keep the propErtles in 8ood conditiorn and are in accordance wlth the Almshouse Association5' recornmendation that Almshouse Charitie5 should set aslde each year speciflc 5um$ in thls respe¢i. Transfers are made frorn the Revenue Reserve each year to the Extraordlnary Repalr Resetwe to cover extraordinary repalr$ as they arlse and to ihe Cycllcal Malntenèn¢e Reserve to cover repair5 which ar15e on a ¢y¢li¢al basis, Support rosts The Charltvs governance costs are alllxated entlrely to Almshouse C05t5 51nce suppori costs relatln8 to other•usln8 ProPet￿eS are Included in the accounts It thelr In$ur•nce relnstaternent value. Addltlons after each revaluatlon are Included atco$t u#tll • further revaluatlon. The cost of refurblshment and improvements to the existin8 property are wrltten off to Revenue Reserve as Incurred. Any major Improvements or extenslon5 tg the property are capitallsed. Aevaluitions are performed wlth SuffIc￿nt re8ulirity to ensure that the ¢arrWng am￿jnts are not materially Isst•ted and on thls b3s5s are not depreclated. Inv*stments Inve5trnent5 ore shov4n on the Balance Sheet at their market value. Changes In market valup5 during an accounting perlod are reflected in the accounts è5 unrealised 8ains ¢r105se5. Upon disP05al of èn investment the difference between or￿inaL c05t and dlspesal proceeds is reflected in the accounts as a reali5ed gain Or lo$$ and an adjustment Is mède to unreali5ed galns or lo5SeS to reverse unrealised rnovements in value In O•b¢ois Contrlbutlons and other debtor5 ore reco8nised at the setdement arncunt due. Prep4ymEnts are valued at the amount prepaid net of any trade diKounts due. Cash at Bank Cash at bank and cash In hand Indude5 cosh and short term hISh￿ liquid Investment5 Wlth o $htYt maturty of three months or le55 from the date of ocqulsltlon or ownlng tsf the dep¢slt or sSmllar account. LAOY D'ARCYWTh FYNCHESANP BERRYFIELD COTTAGES AiMSHOU5E CHARrrY NOTESTO THE FINANCIAL STATEMENTS. contknyed FOR THE YEAR ENDED 31 MARCH 1024 ACCOLINTING POLiaES.conllnued Credltors and PTov151ons Credltor5 and pr(y4i5ion5 are remgni5ed where the Charity has a present obll8ation resulting from a past event that will probably result In the transfer of funds to a third party and the amount due to settle the ob1i83tion ¢•n be measured or e5tirnated reliably. Creditors and provisions are normally recogn15ed at their settlement amount after allowln8 for any trade dlscounts due. Taxatlon The ch3rlty Is exempt from tam on Its charltable actI￿t￿e5. INVE5TMfNT INCOME 2024 Z023 Dlvldend In¢grne COIF deposlt account Interest 559 473 4,810 6,832 4,810 INCOME FROM CHARITABLE AcrvinES 2024 2023 Alm5hou5e aCt￿￿ty Contrlbutlons recÈlvaNe Lo$$•$ from va¢and•s 173,IZ5 4,Tr)21 158.649 169,123 158,519 CHARITABLE ACTIVITIES cosr5 Dlrect Costs Isee ntste 61 Support costs (see note 71 Tot•ls Alrnshouse •¢tlvity 54,953 34,685 89￿38 -io- LADY D'ARCYWITH FYNCHE5 AND BERRYFIELD COThAGES ALMSHOLISE CHARITY NOTESTO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH Z024 DIRECT COSTS OF CHAR￿ABLE AcfiviTIES ZOZ4 2023 Vacant property costs Water charges Insurance Light and heat Repèirs and maintenance Cyclical repair5 Extraordlnary repairs Gardening Careline Sundrie5 Bad debts 8roadband services 290 1,595 3.458 1371 1.710 3,025 S47 33.352 489 13,469 8.010 6.867 7,975 452 390 6,154 6,436 6,361 340 6,083 54,953 58.306 SUPPORTCOSrs Governance 05ts M8naEement Tota15 Almshouse actwity 25,663 9,022 34,685 Support Costs, included in the above. are is follows.. 2024 Almshouse activity 2023 Totsl attlmties Clerk5fee5 Sub5criptitrns Independent examination fee5 Accountancy fe Legal and Pfofe55ional fees 25.319 19.157 315 306 3,672 318 1778 5.926 34,685 23.450 -li- iADYD'ARcYwrrH FYNCMES AND BERRYFIELD COThAGES AiMSHOU5E CHARITY NOTESTO ThE FIN*NCIALSTATEMENTS- cantinued FOR IHE YEA9 ENDED 31 MARCH 20Z4 TRUSTEES. REMUNEIIAM(YI AND BENEF￿5 There were no trustees, remuneration or other benefits for the year ended 31 March 2024 Tror for the year ended 31 March 2023. Tru$tees' ewen5e5 There were no trustees, expense5 paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. COMPARATIVE5 FOR THE sfAIEMEKf OF FINANCIALAcfMfiES Unrestricted funds Restricted fund Endowment fvnds Total funds INCOME APID ENDOWMENTS FROM Charltable artfv￿les Almshouse act(vity 158,519 158.519 Investment Income 4,810 4.810 Total 163,329 163,329 EXPENDrruRE ON Charltable actfvltles Almshouse activity 81,756 81,756 81,573 81,573 Net gains/llossesl on investments 14541 13,2201 13,6741 NET INCOME1IEXPEND￿uREl 81,119 13,2201 77,899 Transfers between fimds 116.0671 16,067 Other recognlsed galnslllossesl Gains on revaluatlDn of fixed 355ets 1,323.431 1.323,431 Nrt mDvemert in fvnd5 65,052 1,336,278 1,401,330 RECONCILIATION OF FUNDS Total funds brought forward 304,021 4.166,084 4.470,253 TOTAL FUNDS CARRIED FORWARO 369,073 5.502,362 5,871,583 -12- iADY D'ARCYVIITH FYNCHES AKI BeRRYF*LD co￿AGEs ALMSHOUSE CHARITY 140TESTO THE FIN*J4CIALSTAIEMENT5. c4YrtwwJed FOR TIIE YEAR ENDED 31 MAROI 2024 TANGIBLE FIXED Assm Freehold property COST OR VALUATION At l April 2023 Revaluations 5,434.751 108,697 At 31 March 2024 NEf BOOK VALUE At 31 Ma￿h 2024 At 31 March 2023 5 434,751 The housln8 prcyrde5 are stated at ￿l￿oI10th. baTr8 * thelr Insur•n¢e rdnAatement value as at 30 June 2024 of £5,543,448 wthlch t￿truSte*S c￿lder10 be In¢*Ca￿ve of the falr value as •t 31 March 2024. C05t or valua￿1>￿ •t 31 M*¢h 2024 h rewejented by. Fr••lwSd property Accumulated rev•lu•tloAi¥ns COM 3.117.760 IL FIXED A55Ef INVEThEKts Llsted Investments MARKETVALL* Al l April 2023 Additions Revaluatims Z77.705 71.052 13.24B At 31 March 2024 361005 BOOK VALUE At 31 March 2024 At 31 Ma￿h 21)23 277.705 Therewere no I[￿￿nt a55etsoutsidethe U iADYLTr'ARCYWITH FYNCHE5 AND BERRYFIELD CO￿AGES ALMSHOUSE CHARITY NOTESTO ThE FINMJ4CIAL STAIEMENTS- contthued FOR THE YEAR ENOED 31 MARCH 2024 ii. FIXED ASSETINVESTMENTS. rontlnued Cost or v3luatyon at 31 March 2024 15 represented bv.. Iljted In¥tStrnEnts Accumulated revaluatlon galns 83,040 278,965 362 005 IL DEBTORS: AMOUNTS FAILWIG DUE wmiiN ONE YEAR 2024 2023 Contrlbutlons In arrtars Prepoyrnents and accrued Inccme 4,404 4,170 994 13. CREOITC*S..AMOUIITS FALLING DUE WITHIN ONE YEAR 2024 2023 ContTibutlons recelved In adwince Trade credltors A¢rrvals and delErred Incorne 16,438 790 3,465 20,751 4,808 20,693 25.559 .14- LADY D'ARCYWiTh FYNCHES AND 8ERRYFELD COThAGES ALMSHOUSE CHARrrY NOTE5TO THE FINANCIALSTATEMEPITS-(ontinued FOR THE YEAR ENDED 31 MAROI 2024 14 MOVEMENT V4 FUNDS Net movement in frjnds Trar¢sfers betr￿eTr funds At 31.3.24 At L4.23 General Fuftd Cyclical MaintenartÈ FUTh E￿raOrdIn￿ Repair Fund 109311 150,7531 27,108 16,578 183,259 139.559 139.666 119,111 S.261 IL17al ILXI.478 17.(W) RestTitted fvrKb Restr￿￿￿ CBC Grant FUTh Endowment￿nd5 Permanent Endowrnent Fund Hou&nE Property Revaluatirn Reserye Capital Recouprnent FutKI U25, 3.L*)9.063 67.759 1425,540 3.117.760 73,913 I(￿,697 19131 7.067 5,501362 7.067 5,617.213 TOTAL Fi￿05 5A7LS83 208262 6,079WS Net MOV￿ent in fund5. ￿ClUded in the ab(￿ are &lollu*s: Incomi Resour￿5 expènded Gairbs and 1055es m￿erneDt in fvnds res(AJr