Itegistercd Charih. Nllm.r. 1190144 l Hk. C'I*llR11m,F. ROYAL AI.111."KT HOMF.S I"I.%ANC'IAL %'fA'rF".MTr-N'"i" &-()11 'I'IITr" YF.AR Tr-% I)F'I) 31 IqARC.'H 2024
'I'IIfr'. C-AMIIRIIM'Tr. HI)Y AI. AI.BF.R'r ii(I,MF. Hefer¢nf t %nd adminiitrntion drl3llJ Rc%i.81<'re(J C.-harily i%umlKr: 119V144 "I'RI'.5IEI Mr R Pclxhty IChaiTI Yfr M ilmbury .Mrs p'fopcl r% K ili('orii¢iLxIMI¢ Mri A IliJlli)Lk KiLhn7()nd I14iJ4C 20 RL'4emi Sireet f •mhriditr. ('lity I l)li PRINC'IPAI. C)frTrJC'F.' RiJTrtsl JllbLn l ts)¥DI< l ?0 Ill19 Ki)dd C.'#mbridsc. ('lJ? I PP TREAi"RF'R C.'I.>'RK'IC)'TIII-IRI'.%I'ETr.- B(IOkKF.+'P.R Mr R C'olr I,('('A ¢if ( ol£1 A¢iJl¥llllry¥ i(8Tr.hridgtl l.imil¢d C-%fflhriJ¥¢. I'f$22 7/.1.' h('l."OI IT ANT ys R f olcq l-'I'1'..14>f l ()5¢< AL&iiuiiiir¥¥ i( <imbridgrl l.imitr<l Nc¥l4yft Ilall.'l¢)wn %treel. Ntr¥ff)rF ( amhrt¢l4t. ('F122 7/1. IAr4 A Pri¢t l.I'A ("I,l iyf 'l'(' (Trftlup lirtq. l)lJl. 25 Kinys Plill Aty'enue Wtst ¥la15¥tb& k¢Di. MLI9 4JQ
'I'II I. L'AMIIRII)(,'Tr. IIOY AL ALIIF,M"r iii)IqF.S Ikferc'n&t Arsd administralion det#ih" jslered C hgrits" uMber. I IY0144 'llJe truste prwsl their rerA)n and i14tty eAamin¢d rJA¢1& sw¢rn fwth¢ period •Jded 31 MarLth ts4. trurturt. Ciovernance and 11an#%ernfflt S'IIL. L1141fii4 15 4ui¢r'.ILd l)! ili¢ u'.n%iiiulic?n i>l'ih¢ C'IC) fegi6wed 4)n th lun¢ ?V?O am¢ndLxI (¥n 8 .4ugust ?U?• "llt¢ iliai"ii) lids ¢leL1¢1J iii ad(IPl ilppeftdix S (Trl'il)¢ (If1¢¢¢49mm¢nd¢d PrdLiiLL. #L¢ounitnk li>r ¥itkdll¢f U)MPdni¢. rustUS -IIL IFiIS14L% wl>ii r¥'ed duri1)& lh# y¢ar ww#'. i Li I l#ndt¢y tr M ,Iiiihur) lappo)Iiiied 6 pnih¢r 20231 .Mrs 1) l ()1 lapw4nwd ?1 JWIL ?J)?31 r % ( £JnrJd rs % lif¢L1Vryk rb ,1 IltsllL>Lk r i. fts¥kr¥y l 1114krd> ¥lL&pd knti as the Cliair i# Jumk. ?J123 w4¥ r¢pl41 Ki¥hanJ P¢xhey. I."dwd iDniinu¢¢J t Ilti ihd5ii> ifti the indrthinkp Jvdn). I rts>iw'> ar4 uptmiiiiwxj b% r•11¥0 uf lh& t.%is1iJJ% irnswes ai a propth) ¢UnV¢ni m¢LiIDg iyl'thL intstL> afiLY inlerviev+' lid rLILrLtiith aiid hd% it)¥ rL'gdrd 10 IhL' skills. knowl¢d&¢ dnd ¢xperiLJsie re4uld lor iht ellLLl1%¢ #di14[ratIi?n c)I'ihL I.11 dpptsintsrtLrtt l£)[ a rn) ot-Ihr¢L years. -ltht CTh3ir may k appoyntrd by thc trusiLLS froiii anii?n&J thL'ir "rile i¥ubl¢LS ihL' Li¢nLdl tKli¢T4" of lh¢ Lharitj.. C.4mimJ11¢¢5 vl'ih¢ irustL45 arv d¢lL'gldl¢d ihe ch4WYI%' S dwlll II5L% J41d ripon iu IliL lull [rd &% dppr(>pr14. Thr ('ILY&" C.LmSniunii> l.ivtn& I i)rf)rdinats)rarL' rl)51blC tLlf IIIL. ddI,_1()-da Jll.2irs. I'hL b()(bkkL'Lpcr is r¢1.1h1L. fcTrT rcu?rdin¥ thill Iitidncial IdlIonS ¢)i'ihe cliariiJ.-I he InCL'ts ¢%¢r% 1141) ljl()nili% and iliL' lliee( qUdfiL'rl) (Ir m(K¢ fr¢4ucniltr as rt4uir¢d. (>lJj¢ili%e> #rtd.Aeitvii1 ttir Ibe l>ul)li¢ IleiL'fil 'lJie iruhlL'¢S iiiiiliTllI IIFai IhL'y lidvi rLl¢ffL'4J 10 lh¢ Ulan¥¢ &Lkn¢Jin¥d iii Ilir <'hxriy ( &Trnittii8siOIi s g#JierJl bpu+dJiiL¢ ITrIJ ptsljlii h#n¢lit ivliil¥ fLVi¥WiTr&& ihk ¥h4rii)' y ktini% and objKIi¥¢. I'li¥, ihdrii¥ iarric'i Ilie%L' iTrbj¢k¢y h>.. e iall abs1slL'd L01niC)ai1U1) f(v older persolis ofmod¢41 mvdn5 w'ho ar¢ r¢8id¢ni in C-ambrtd¥¢ (>r l>rc?mÉiiiii¥ IhL' welf#rk' (Il"IhL resid¢fjf¥ lfv maintainiiiy dnd. wh¢rL finance% ptmiii. impr()¥ing Ihe buildiLbi4 4nd ¥nJtsiJds. iinir¢ng ()p)nnil4C5 t(1 SOCldlix Ihwugjh lunrh¢5 and clLtbg wilh the dim ol dllc)wing th¢ rL¥idLnis 10 ILdd dn I51dcpe41deni Ille wilh Ilie krK)wledbbL Ihat h¢lp can be re¥h¢d should the n¢ixl #rise. ,Irliievcrnenis nd PerformaCe I hL' Lh11). suc¢r&slully Irwisttrr¢d from h•"ng a ben¢voleffl be¢oming a charitsblc incoq)ordt¢d Oi¥*ii%illiCIn. I'hL' Ira1i%lir hob bc¢n rLc4)rded will) IhL' k¢¥i¥lL'r c)f'll¢rgLts.'fh¥ Lhdrtl) provid¢d d hLNnc 4 Louples xrsd ?1 4itiglc A% d (-11) bdll liold pr¢)perty. lh¢ laiid l>¢ld hy the ih¢ril> itj MW r41st¢rwl 4¥ith the Laod Kegisty>' in iht najne 4)I'th¢ {-1()
'I'FITr: C'AMIIRIIX;P. R()YAI, AI.HTr:R'f ii()MF.
rtrenei dmini•lrAII(pTr det411
ReRi•tertd C.'haTit) Numbcr: 119Q144
lJuildiv&i And Sirai¢¥v ('omrniiire ov¢rsrn Ihr r¢furbi4hmMI (>fiw(Tr FMJrné'% impriliithiy 1yafhnwTr% and kilLh¢ 41nd
Lommtssii)n¢d Ihc IiuTnquersni¢il rcrrtjrt and l.,IY s in Julv !(1] i(y hclp lis txplorl 10 iJp¥prnde and imprnfve (iur en¢-
cITILseTFL7 fi?r shc Ivng-ILm) v14ibiliiy i)f ihe hiymrs. .1 hr qiiinoinnTral rcpt?n will enahlL IhL Lf)tT7miii¢c li) dttcrtninc
ptlb
"I'llfr. C'A,Mllkll)C.'£ k()YAL AI.IIF.RT HO,E.%
Keferen¢e and administriiott details
Riyi¥iered Ch¥rih. Tumber: 1190144
"I"hL khai'ii> h45 funds as well as ffstyiaed furtds. The re5tridd funds ¥4'ere tWLbvahtd io the tharity for 5wific
pur¢5.
I"hL Iwo rviriaed funds are the Miss fvnd for¢ar¢rfelad exprnditswe R Alsop fuod for a Meal
diid ¢iitL.nalnn#t
THF. CAMIIRIIM:F. R()YAL ALBF.RT H()YF.? ni Tr'xamimer' RepDrt tts the TrnJt¢ I re on the ofThe Cwnbridgt Royil .41bert fijr lh¥ p¢riixl ¢nd¢d.I l Yarch ?074 whi¢h arc sel nn Resp¢¢tive ReJpon¥ibillli¢ •fTruste4J I"hL ('hariiy'% iriJ8tCC4 are r¢ssx)n.4ihl¢ f(Ir Ihc prn'paraiion tsf Ihl I'h¢ ('hariiy'g Irii.Ii¢¢$ wnsidcr Ihal an 4Tr11dil i4 ntsi Tequirld for fhi.¥ ycar undv w¢li¥)n 144121 of lh¢ (Thriii¢J A¢1 2011 Iihc (.15#rit¢S Aai and Iha(4?n ifmlcpciidcnl cxiffliniilii)11 18 nLcdod. ¢Xgmine thc undcr 145 (If Ihc (Tr8rlile4 A¢1; iiy liilkiw prI¢dIr¢S Id¥id (Srnyn in Ihr ¥¢n¢r¥l l)Ir¢¢lini given h) Ihe ('h#riiy C'ommi¥i(?n luDdeT wciion IJI l.f Mhi ijf tb¢ I'h4ri¢io% ALI). ar¥d i(> siaie wh¢thcT Wdrticiilar m411¢r$ haw¢ wnsc to Vr a(i¢iilion. iy ol Inilepen(lenl FAxm14Ytr'4 Atport 'I'hL charity" s iifiTr% incowe ¢xrccdcJ £?$1).WKI l am 4u¥l".f%td un41tnakt Ihc uarninait•n h beins a qualifitd memlK'r ol.lhc Inslituic of ChanLYed in EnslMI 3JMI W#ks. Mb cxxmin#iiL)n w35 carried (xti in accordance wilh the g¢n8? t)iTLlion5 ¥It# by tht C'h8ril> ( ommission. .4n exdmintsiion includes a Tel'le of acLwniinq records kepi bv ihe (Thariii and 8 LorTrpari.wn lsfihc g¥<wnt4 PTC5cni¢d %¥ith IIMi%C reLI)rds. It al ilUdeS COP5ideralion i)I' iiem5 of dis&liFbuf¢4 in the aLLOUrtis. and seekin¥ ciplanilltons fri)ni vi)ii i% i¥u%lCCS uTrnc¢min¥ matlL'r%. Ihe pYo¢edurt5 undenaktn noi prO.1C 411 lh¢ c¥idcncf IK-11 l)uld rLyiiircJ in &1) i?Lidil. ¢nn%equ¢nil} no upinian i.s biiven &4'1O whrih¢r Ihc prc¥Jl 'lrue fair n¢J ihc rLyX)rt 14 limi5 10 ilx)5t matlcrs ¥et ijul ift lh¢ $lalcmLTI b¢low. IndepenOe#i Fi¥Jhittee# i¢temtht In uirtn¢L111Trn WFih mv £xamiw41ioTh. n(1 Mail lkn• ¢om¢ * my trntivw'. hÉ¥h ¥ivcs m¢ r¢a54m#hl¢ beli¢w¢ lh. any m¥l¢rial Ihr w¥ircmtni%.' t k¢cp {LrIn¥ reoirdg in •rLfirdn¢t wilh Jcclion 130 of the C'hariiie4 Act: i(Tr prcparL xci)uni.4 which aLa)rd iiih Ih¢ ¢£¢1¥ rrr4Yds ad LDmply with ihc clLCI)unÈin rc4iiircmtnti of iht (-knriiits Acl havt M bcen md. vr io hFih. in opnrÉ)Th #u¢ntion SI)UkI b¢dr2wn iJ7 fxdcr w ¢Aabl¢ a Fffoper und¢rwndin¥ of Ihe a¢cTruftis its he ch£d. AIK$(bTr Price tsf TC.- (roiip 4uiiL £OI.'I hc %Lxus Buildin& Br¢ilay .Llthwt)rth (varden (-riv l)alc 21 January 2025 Pag¢. (J
'I'FIF. ('AMIIRIIK'L R<)YAL ALIIF.R1' H()fyIE lal(niLnt ul. Tr"iJlAJ)eidl AL'tiviti Fur Ihe ¥r4r ¢ded JI fylarch 2ts24 2024 20? r¢iri¢ Futsd$ Rotriethd fru#th liic'oniiuR Kvwur4¢ xtnerxled fiitid% (IIL¢oiar) Is11¢ 6( ¥.V¥4 39.il% IIiLwnit•# It£gburc¢ts fr4ni C.'h#rfjt4bl¢ ( onfribuiiJn& Irom 1ts61dMis ?47.113 ?OS9.1?? ?27.113 ? ?81.041 191.919 349,79? ?00.6(13 •.55U 39$ 7.6(J7 7.667 I8.1.7 1¥4)07 61.614 Supr[ Liisl (ill%.¢[r.Le Ll)515 7.38 'lolal IiLourcs fr.¥i)e(bded 7.98 ?56.4?A 2.101.146 19?.611 2.291.967 (Jfi)%$ fr¥tisfers tJÈiwen fundb • 1(11..346 ? ?y.l.467 (lih¢r K¢Luxvis¢d C&#ttt¥ I¥L (•airi) dftd dibp¢hMl tsr r¥I41urID Kk'¥li>¥d Qdirty'(lih¥r¥l di*pg¥#11gf rnvk¥lni¥'ni> 1?.576 12,376 1.14.8()9 ri m(Il'L'ment in fund 2.?48.611 l£)O.L173 2,438.6<)4 I"Iind hdldn¢L5 bri)ughi fi)rward l.Iliid h414Trc¢b ild fordId ?48.6?1 190.07.? 1 438.6V4 11114UllOUtii% rLl¥l¢¢ to LtTrniinuirtg livI¢l¢s. lTheTv have b¢en rLYOgniSed thr losses nih¢r ihan Ihts4¢ in¢lu(Ird 4hov¢. ID4¥¥.' 7
TIIF. C-AMIIRIIM'F. ROYAL ALhF.AT H<)MF, latement of Fin#nclAI Actls'ltl FTrr ihe ye¥r ended 31 fvlarcts 2024 2024 2024 2fj23 2112J 141n¥?Ible 1I4%cL% for uyc lry the C'hariiy Invesimenlq 6?4.0!.s 1 1.15.965 (.vrrtnt A.&sets Ik.111% 4.nl4 .)4% ?86 I-h IF) hand .152.4.1 ( r¢diitsfs: amourtis f#llin8 d within i)ne }car 49.71 ( urrml A•li 2.4.111.01)4 Rc91riil¢(I l und8'. 190.V71 I 1nrrgiTicd Pud%.' 10 174.tINJ 2.07:..h21 .Rda¥n¢d Inci)m¢ 7248.6?1 ? 438.61)4 () BF.HALF ()F THETRU¢•TF.LS Mr K Pufb¢w Prttidthi Approvvd by Ihe'l ru•i¢f . 2ty2S
THF. cAMBRIE ROYAL ALJIF.RT HOMES 14otes lo the FinaJe&¥l StatrmtDt For the yegr ended 31 Mar¢h 2024 AI.'C'OL'TI%G POLICIES Basi6 of PrepMT#tio .1 lJ¢' linanLidl sleMents hae beeft prepar under the hibtyi¢al coft¥effli41n, as mTh4ifKd by the r¢¥aluiDD Ircelk)Id prty)¥nJ nd fix¢d tllv¢¥lJyk¢i]Ih ifcludvLI at yaiut. aryj in with the (.'h&riti¢s A ?01 l. IliL C"liari¢its IAc¢ounlè fjnd R¢w>rtfjl 2(XU •j th¢ of Psx%i&¥ A¢wwiiin dnd Reportin¥ b) C'hariiie5 I)Ry ?IM)S). .1 F'i%¢d I'IIL. fi¢clk>ld prvperty Wds ori&inJlli built by public wbs¢riptions in ts 1850.5. lkne prowty was tm$f¢nrd ov¢r Irom ihe prtviou> lS¢ne¥oleiti Skicidy as * I. April 202) at it' Iwk valu¢ of£635.503. li to be depreci9 from th ?/ p¢rdnnum. 'I'h¢ Idsi v¥luauon pttformed on the prtsptrty wa¥ ty J¥u¥ys {CambridBel Limited on 28 February 2022. Th1$ show¢d in o1"£70? OUO. I"hc trnSt¢¢s ar¢ thtr¢fort C4mfMknt Th¢ valu¢ shown in the ¥¢un 15 51111 appropya. The valuation was wephrtd in a¢cordw with the 8uidEIiEb¢ laid dowLt by the ROY InAtwiion ofCTharw SurYt}ors l(?r the i'aluaivn of pruwijts owned by Re8¥StereAJ Ilousyng Associion5 or 5bmilar Wies. (kne of ihe requJYetnenrs under th¢5¢ ¥uidcli11¢5 is that ¢h¢ will rcfl¢d th-the PTowty wjll coniinue bc la by a b()dy pursu{ to th¢ dcliieEV ora 5¢r%'i¢e for the exisisns ust-. This precluLks a based upo¥J thc dL'veloweni rlI&j in ihe Sile. Il'ihe cirLumsthnces ¢Xled wh¢r¢ dissolthion w&6 approprie. Ihc 11(wd of Marwent would Cltrdrly wish Irdnsl¢r Ihe propertj lor a propw value bui a simiiarehariiy. li ther¢tor¢ 5ttrn5 proper o lYOtiiKwl r¢ththl vdlu¢ >l?vuld bt assum hstd the rental tvsdenee atroilabk Irom similar tsnits as social housinx subsidis¢d w"nJis. l)¢ry¥kiaiii>n iè pwvidd /. per annum ¢QtsL fruniiur¢ ard e4UiPEn¢i)14L4tsired Is noi Lwitsli5¢d. 0$ th¢ amounts ve nKyi m¢rio1, Th¢ ¢¥pEnd¥lu 16 wrillen 4)tT iri Ilb¢ l.in11 Swiiwjifj in lh¢ tri it in¢uff¢d, I".r¢L'liihld its noi (Jyreci&*41.
THF. CAMBRIt)G'F. ROYAL ALBF.RT HOMES
.WotcJ to the Finaneil Stt¢mrnli
Ftsr tbt vrar eNded 31 M#reh 2024
ACCOII%TI,YC POLICIES
Invtttment4
Inveslment5 held fLY the lortrg-ImFI to W1¢¢ iwme or upiMI ¥rtsh are ¢Ted at fflarkrt value fixcd amth.
V.Ipendhure
All C%ndItUre is CoUnted for oft In #c¢nwls b¥1¥ b¢en lisd LTrnd¢r htadings Iljar ag8regat¢ all co81$ relaieil
fts that activity. ITrv¢51ment managemcni cosis includ¢ k1ke1 ¢hargcs. Dir¢¢i cosls. including warden and caretaking
051$. are Ih¢ costs assoriated wgih running an Alms I>1¢ and are all(Kal¢d an J¢iual hasi%. Supw)rt LOSI$. Th¢ludin¥
admrrji4iraiiiin ond offict cnsl8. are Ihe cosl ijf rvicEs provid¢d f¢)f Iht wcllb¢in¥ lif Ihc rcqidcnts. and arc alli)kdlcd (Jn an
crua15 ba513. liow¢fh4nc¢ co&18 2r¢ ihosr inLurr¢d sn 64ynnc&ixJn wtth the organ¥saiional admini•iratlnTr and ¢thnpliance
wilh L4)n¥tstulional and stsluiory r¥'quircm¢nls.
In¢oNbity Rere¢l
11 ineome %% accounied for a• xy¢m ag ihe C.h¥ity has enii(temenl lo fhe Éncom¢ and I1£ bs a e¢ffainty of receipt. In¢05ne
rs rcceived through (k)natiorFs. MailY individuals. inV¢merI1 incom¢ fT(ym Tnonev on derKMil Fr sinck mayket
it)v¢sim¢nL%. (.()ntribuligts5 th¢ re¥i
THF. cAMBIUF. KOYAL ALBF.RT HOMD) For ihe yur ended 31 March 2024 RESOI.'RC.'ES EXPEYDED Lr•r¢strirted 21124 Tofl 2023 Totsl In¥estin¢ni m118¢m¢nI ¢1I$1s 7h67 ?A67 l)ir¢Lx LVSL5 til funher4nL¢ of'ih¢ £11¥01¢Lxly¢6. 0.119 92.622 6.189 Iu'i)dirs aiid iiibinn¥n¢¢ PropLrt)' Lhan¥¢o¥¢r¥ Ratis & covii£il tax W'4t¢i 1osuranr IlwJl Wid IJ¥1 lel¢plion¢ S"a14ri¢s & l-.mployers P6lC s51 5.J63 5.057 5.363 3,579 43.564 43.564 ?Jii I Y,OV8 l ?.(8 609 1.668 Advertifyiijg and mithin RvsidLI>ls $upwrt expen9¢5 7.861 7.861 Quiinb ¢.xp¢r%s¢s ?.716 lÉi_607 3.-116 Support costs Sdlarie4 &. Ernployers NIC P¢nsii)A ( omniunii>' ur¢ ¢all 5¢ThI f 30.469 1.456 30,469 1.456 7.172 5A29 4.378 12.710 7.172 5,429 4,161 Sundrj expenses l)epreLi411UII 210 7J82 liidep¢nd¢ni fr.xanJ&ii¢r$ 1#¢6 Lrvii¢s 'lutsl kewurcts l-.xp¢nd¢d 248.446 7,482 256.4?8 ATAFfr' C'OSI'S 2014 2023 4'aBL¥ Salaries F.mplovers NIC Pension C0$15 42.477 2,125 2024 Nmber 2023 "un¥ber Ihe numb¢r of'employe¢s anySel by fvn¢ts¢)n was.. A(Jminisiraiion and olfi¢e (part timcl I'tsnitiiunirv l.ivin¥ C-oordina Ipan lime) 'I'he above numbers do in¢lLth Int6te¢s ar¢ p•miu¢d fo ro¢¢ive I4E)n for their dles.
THF. CAMBRIDGE ROYAL ALBF,RT HOMF.¥ Noteg lo the FinnelAI Stlements For the year ended 31 March 2024 TAJ¥C'IBI,I' fr'IXED ASSF.Tf5 FOR L.'3E by'iiik c.'FIARI'rv reehtsld Pmperty Valvation al beginning of year Addiiions (transferred irs from Bawjlrni So¢iety 618 5D.3 6.35.503 1232 1.232 636.73.% 636.735 tkpre¢iation be8innFng ofyar Charge for ycar 12.71 12.710 tkpreci¥ion ai end of year Book value t ¢nd of year 622.793 624 025 AThJk valur th b¢8inniA¥ of year IXED A.SF4F,T INVF..STVF.NT5 2024 2111J Mrket valite #t l March 2023 rransferrcd fnpm Bcncv<yl¢nl knidy Di_4posal% at opentng bwk value Acqutsilions * Lost et SUtU9¢(dCfKltI orb revalyalk)n * 31 March 2024 1.325.129 .329.7.%2 Mawk¢t valu¢ * 31 Mar¢h 2024 l 711.940 His1oric CO * 31 Mah 2(124 1 2.36 ?6$ DEwfoRS 2024 2023 wl(hln one yur 'rTadc dcbtorj PrtpaJrr¢eDls •nd 14 4.(K) I CREF)ITORg 21124 2023 AmoyDt$ l*llIn d•e trne yiAr 'I'f8(k credilor5 (Xhtr ¢f¢diior$ A¢¢rlS and d¢ferrd bnroff IOCJ 1.470 49.709 Page: 12
THE CAmBRIE ROVAL ALBERT HOMES Nuie5 10 tkne Ststemewts For ihe )'¢Ar ended 31 M¥reh 2U24 RESIIIICI"ED Blllt¢ I %IAr¢ 3924 193,033 6.970 9.930 113,103 6,970 Alsop l und 200.3 10.530 This has bern $¢1 up outulmoncy ¥yv¢rt bj the £stst¢ of Mi45 Nutter provide inci¥ty¢ for nufslng LW¢ the reiidenis is availabk for ()th¢r pury¥)se. Th¢ bal•Ke on thifj held by th¢ lJ¢ttvol¢ni kni¢ty wa5 Irdn51iYred inio the CIO frorn I. April 20?" R. Il.¥fiP 11515 fund htt% br¢ty s¢t up of 1¥¢ bs the of the LsMt¢ of R Alsop w provide for art annu diiin¢r dnd LI1n#1M£nl for the restdents 8nd wmmtitee in Ihe m¢mory of Mr li Alwp. Anv balonL£ of inwm¢ is Ji'ulabl¥ fi)r gLneral PUfP05¢5. 'fhe balance on thts fund held by th¢ B¢n¢Yoleni Society was tfdnsferred into the CIO from I" April ?lJ?3. MibS.%ut¢er fr.¥ ExptodifEt 21124 2023 C u1211111ti?iiy ( ar¢ l-all S¢r¥S fr C-liirop)d) IN¢ll L,iir¢alisL'd (gainsylo$ revalu•Tr thf irtvesim¢nis 210 9.9_70 I he In11£. litndb ofihe C-haril), inLlude the lollowing tund$'. -lThe C>elicfjl M#inwooc¢ Fylld. which 16 10 tiie¢i ITldsiii¢lldl)Le Lusis OLLL¢tYtng al f¢¥ular inorvils, iiicludiiix lh¢ CO of profe$siondl fees in resp¢cl ol'l)UifwuerJnial iJibp¢Liiuns ortd the Lxlwrdlry R¢p#ii l-tsnd, which 14 o T¢e lund l(v future m@jor unexptLtrd exp¢ndityfe. lkn¢ desIgned t'unds ha¥c been sd asidt oui of unre5rriaed funds by the tru%tee¥. Mov¢m¢ni th 11¢sources Balance l Mr¢h 2023 ljxl#nte JJ fyl#r¢h 2024 De•#tion$ Futhds Utilimd C')¢lr141 mainlenLe Fur F.xirwrdindry Repair Fund 87.998 17.9911 163 ?72 80.0(M) 95,000 24627 175.(MMI PA¢.. 13
THF. CAMIIRIE ROYAL ALBF.RT HOMF. Nolej lo ihe Fin#n¢ial StleALI9 For the year Mded 31 M•rch 21124 ANAL YSIS OF NET ASSEI'.S BETWEE[¥ piir4DS Tan%ibl¢ ixed AAtA inve•tm¢nts Other et Resirithcd Fund);. Migs Nultcr Fiind R Alp Fund 136.872 46.2J I 6,970 183.103 6.970 190,ts7.1 1.16 872 624.Q25 1.-175.D68 249.528 2.248.621 Tth81 fr.unds 1,511.94 102.72() ?.4.38.694 12 FlflAYC."IAL CONIMITMEITS "Ihe CS() had TM> fin¢1[ ¢omrnnrnents eith¢r ¢Ontr¥ Ora011$£& * th¢y¢ar end. CoTIGE.[ IJABFLITIL The CIO has rtct IdJiliii¢ 14 TRiisfEFS EXPENSES During th¢ year no (n¢5 rtceivtd r¢imbur5td ¢pen w had ¢xpensts dirt¢¢ly paid ihifd p¥ny thrrir b&1