Th¢ Pbry St Franc1• Tru•t R•port of the Th18t0 and Flnanclal Statèmènts for th• ymr ondod 31 Dècember 2024 Cont•n Pago Il•for•nc• Ind Admlnl•trntlon rru•t•e• rnport Independ•nt •x•rn1n•S r•port Stat•m•nt of Flnancl•l ActIV B•l•n¢• •ho•t Not•B to th• Fln•ncl•l Stat•mgnt• Regi$tered Ghkrity Number 11932S4
Yh8 Posbury St Franc18 Trust Roforonco and Admlnlstratlon Go¥ornlno document CIO- fwndalion Re9lStered 26 J8nuary 2021 RlsteI•d Charlty Number 1193254 Prlnclpal addr••8 The Old Deanery The C1018ters Exeter Devon EX1 1HS Trv¥tse• The Ven Dr Trevor Jones- Chalr Mrs Jennifer Elli5 Vice-chair Mr Giles Framplon FCA. Treasurer Rev'd Canon lan Morter Dr Simon Harrison Dr Demelza Heer*on Or 8ridgel Gillard Rev'd Preb lan Bussell The Lord Uighop of Exelar. Ihe Rl Rev Mike HBrri#on lex offi01- appointed Janaury 2025 Revd Preb hlallhew Twewg- appointed Janaury 202S N81lon81 Wejlminsior Bank plc 11 Rol sireèi Exmoulh EX8 1HH Ind•p•nd•nt Examln•r M Hul¢hlng$ Ap81eys Chartered Aeeounian18 21 Bgmpitsn Streèt Tiverton Devon EX18 6AA Sollcltoys Stephen$ Se Curzon Hou90 Soulhtmh•y W•BI Exeter EX1 1RS Inve8tmont moft•g•r CCLA Inwslmenl Managemonl Ltd Senalor House es Queen Viciorla Street London EC4V 4ET
Posbury St Franc1¥ Trust Roport ol tho Trust805 ftsr tho year ondod 31 Dacèmbèr 2024 The Tru$lees presenl their report and the finanuo15talements of the Tru51 for the year ended 31 Decernber 2024. The ITustee5 have adoptsd the provislons of the Slatéménl of R&comm8nded Prathi¢e ISORPI"Accouniing and Reporting by Chariii88" IFRS 1021 In prepanng the 8nnu81 report 8rKI firiontsal #lalemgni$ ofthe tharity. oBJECvE5 AWD ACVITIEs Summary of th• obJoct¥ ol t charlty as •et out In tho govomlng docurnont The P08bury Sl Fr8no8 Tiu818eeks 10 promo18 Mi8slon. Evangelism and Spiriiuality au088 Oevon T%stnty gT8nls tol8111ng £19,152.00 wtre awarded In 2024 lollowng advert18ing on the Trust'8 mebsile and In the publicalion'Roolg &nd ShDoIs' rCuI51e cr055 Devon by the DI0Se ol Exeler. The Trust continue5 lo rnainlain 115 re5idenlial propertie5 al The Haven. Porthcumo in Cornwall antl The Tractor Shed 1 Po8bury in Devon The Trust promotes an annu81 le¢tUQ, the Po$bury LÈeture, on a Iheme eon¥islenl %ilh 115 Object8 and pursuant of educaiion)I fundiop in partnership the University of Exeter C&nlre for Ethi and Pr8¢tical Thèology Thè bunal ground ai Posbury for dèceased Sl$ier& oflhe Frandn Servants of Jesus and Mary IFSJMI, 15 malnilined by the Trust and made ov8llable forthe publlc lo v1811. ACHIÈVEMENTS AND PERFORMANCE Summry ol tho m•ln achl•¥•mants ofthe chartty duTlng thg yoai The Posbury Sl Franas Trust exis181o promote ffliysion. evangelism •rYJ splriiuality 8croi8 Devon. Th¢ Tru•lee8 look forward lo m8lnlalniw th Import•nt $upport. The Tru$1 ts¥o propertieB. The Tractor Shed al Po8bury and The Haven al Porthcurno, Cornw81. The Traclor Shed wa8 converted frorn a tshed 10 8 comfort8ble one-bedroom Single slorey dllIng B lewyear3 800. Follon9 rep8lr8 8nd refurbishrnenl 18 being made avai18ble for Sludy Days, Quiel 08y5 and for TepTD and group meetg5 UP to A m8ximum of 10 people, consislenl wrth the Obje$ of the Trust. The Is accommodation for residential 81ays for up 10 M people sharlng and ihe Tru5115 actively promoiing ils 8¥8llability for guests lo use. The Haven, wluiled on Ihe Mino¢k •ppro•th rooo, came lo b•lorvJ lo FSJM foll7ftB • gift of land lo Ihèm by ROna C4d•, a¥¥ner 01 Min&th Polni and founder ol the Mln8ck Thealro. Il& ownership passed lo PSFT on the lormalion of the Trusl The programme of refurb18hmanl 18 nowcomplele except for 8 conneeiion 10 the moln dr8in $nd the decornm188ioning of the Septic T&nk whlch 11 allow tho landac1ng oflhe rear g)rdBn. The H8ven ¢onllnu•i to offer comfortsble accornmodiion for up lo five gue818. The Haven Is avBllable for personal relrealB. qul Imo •nd r8fl¢ctlon, Study 8nd sabbatical periodi. At Ihe 18me Ih)e. recogni8ing the KqgaLy ol RO8 Cade. ThB Ha¥en18 umd ocraonI11Y by the Mlna( Thoalre and their VK91nll P¢rforming Companl¢•. In kèeping Vlth 118 Edueiion&l obleciive. the Tw$iee8 made provision lor'The Posbury Le¢iuty' lo be déllvered on a theme conJi¥leni ilh the Tru81's Objects,. the firjt leciure was held on 9 Ocloberfa023, fo110%4ed by the 2024 lecture on 7 Oclobgr In colLqboration %lh Exeter Unl¥ersity. The Truoi ¢OnlinueJ10 07 and mainialn the burlal giound al Posbury for deeéatsed s1ste of FSJM. Maintenance has includèd lefidlrKJ the graves. rep10ung broken crosses and allending lo the exfensive hedging surrounding Ihe ground. The 8ty8 16 3 plac of oce and Iranquillity and one %thich 18 open for the public to vi51t, o plac for reflection on the leggcy of FSJM. In DecAmber 2024 IhL¥ 18818ur¥iving profe88ad member of FSJM. Swter Giovgrino FSJM. di¢d and wa& buried in the buri•l grovnd Ai P08bury. FINANCIAL REVIEW for th• y••r Th6 Statement ol Flnanaal Aclivit$ for the y¢ar10 31 Dewnber 2024 sho a d8fldt of £8,81212023- £12.5181 belore re¢))Bnising Ihe unr•ali8ed loss on inveslrneni$ At 31 Decernbor 2024 fund5 lo101 2,030,83012023.. £2,017.6781. Pollcy on re•or¥ It 1$ the polity of tho Trustees to malntaln unrestricted fund$, %thich constilule the Income Fund. al ? prudenl *vtrl lo cover gny Shortlall in current eypendilure when neresBary. TnJ8tse8ludge that E30.000 fypre&ents B prudent wm for Ihè lirne being.
Thè Po8bury St Frane18 Trust Roport of thè T1•• Icontlnu8dl forth• year Bndad 31 Oécèmbor 2024 STRUCTURE, GOVERNA14CE AND MANAGEMENT Govornlng doGument Th& Posbury Sl Franci8 Tru8118 8 CIO Fouryjalion regulated by the Charity Commlsslon regl8lerad on 26 January 2021. Contstltut4on The Tru51 is a Charitable Incorporolèd ganiSatiOn ICIOI and reglslered the Charilies Comrnission uriderth8rity number 1193254. Tru¥t•e ¢1octlon m•th•d A maxlmum of 12 Trustees is permilled under Iho Scheme. There are (xjrrenliy 8 Trust8¢8 plus the Bi8hop of Exelerwtho is ex-offiio Trustee. Norninaled Trustees are elected by Twstées Voting al a full Tfuslees meeting. Govormnco The Trus11s governed by g Bo4rd of Tru51ee5. Meelinys aro held 3 times 8 ye8r. The governing documenl permils'ekclronic, and video meelin9s and electronic voling ¥the ne¢e$$ary. There 1$ a Standing Commilte8 comprising Ihe Officer5- Chair, Vice Chair nd TtyJ$ur¢rvlh Ihtr Admini$ir)lor in attendan. The Sl8n(JiryJ Committee deal8 wlh rnBtters deleg8led lo it by the fu118o8rd ol TnJsè$. Th¢ Trust h85 IVA) sub ¢ommillee$ The Gr8n18 8ubcommiitee and the Lecture 8ubcomrnillee. Th8 operalion of 8ubcofftmittee5 11 Jubjed 10 direiDn¥ given by the full Board of Iruslee8. All meelings of Ihe full BoBrtt, Ihe Sl8ThYing Commilleo and aub committ• aw aiiended by Ihe Admlni8iralor derks the meelings and urculales Minute5 for approval. The Rl Revd Robert AlvKII, Bishop of Exeter 8nd ex-¢fficio Trv81ee. reiir&d As a Twslee on 30 Seplemb•r 2023 fo11thn9 h1$ relirernent ond wYlcDrned the 9vI Bi$htsp of Ex•tsr, Th¢ Rl R8vd Mike Harrfson as ex-offloo Truslae. Stat•ment ol Tru•tè•s' R••pon8lbllltloD The Iruslees ore responsible for preparing the TrnJ¥iees' Annual Report •nd the finan081 $t•iemeniJ in •c¢ord•nc wth ippllvable low and United Kingdom A¢¢ouniing Sl)ndÈrd$ (United Kingdom Gener)Ily A¢¢Èpied Aco)unling PrBtli¢el. The law appll¢•bl8 10 ¢hofllie$ in Ewl•nd & Wole$ requlty• Iho Tru516t$ to prep8re nn&ndal $i•tsment¥ for •aeh fin8noal ytrlr %thlch glve a true and 18lr ¥WOf th8 81ale of affalrs of th8 Foundation and of the incomlng re8Durce8 gnd 8pplIll0n ol rn•our¢>ry$ of the Foundatn for that period. In prepanng the80 finanoal slalemenls, ihe Tru8lees are required lo. leled $uit8ble 8¢couniino p¢lifyeJ then apply Ihem ¢onsislenity,' obs6rye the methods and prinoples In the charl18 SORP 2015 IFRS 1021.. • make judgernents and eslirnale8 Ihal are re85onabkn and prudenl.. 81410 thÈlh¢r appllcAble 8ccouniink 118nd8rd$ h8va been folb%4d, $ubltyci to iny m8teri81 depgrturei disclosad and 0xplnad in the financial 8181emenl8', prep)W Ihg finoniy)1818iem¢nt9 on tho gdng b&il¥ unl888 tt li in•pproprf8te 10 pffj$ume thli the Found8llon 11 continue n operèlion, The Trustees afè responsible for keepiry acwunling reeord8 Ihal di8close wlh rea$on8ble accur8cy 81 any time the finantsal position oflhe Foundation •ntl enable Ih8m10 en$ufe th81 the fin8no81 ¥1oiemeni¥ comply %4ilh the Choril*S Act 2011, the Chanty (Accounts Reports) Regu181ion$ 2008 and the provi$ion$ uf the Iwyi deed. They gre also responsible lor safeguarding the 88sels of the Foundation and hen for iakirKJ wa$onable $lep$ for the pntion 8nd ijeleclion of fr4ud anLI olher irregularllies. Approval This report was approved by the 808rd on . rid $lgned on Ihelr behalf by.. Mr Giles Frqfflplon................................................. Treasurer
The Posbury St Fr•ncl8 Tiust Roport of th6 Ind8P8ndont Examlnor lor the year 8ndod 31 Decemb•v 2024 I report to the Iru8lee8 ofthe Trust on my ex8minplion of the accoun15 ofthe FoundBlion for the ar ended 31 Dember 2024 thich are sel out on pages 510 11. Ro8pontslblllU•• and ba•1• C+f rgpDrt As Ihe trustees you are responsible for the preParnOn oflhè a¢(xunts in 8(xoidance wth the regulments oflh8 Charities Acl 2011 I'lho Ata'l. l ieport In respect of my examinallon of the Trust'$ 8¢wunis Bgrried oul UnLSer section 145 of the Act and in carrying OLrt my ex8min8lion I ha¥e follott all the appli&8bk Di10n8 given by the Charity Commi55ion under section 14515llbl of Ihe Acl. Ind•p•nd•nt •x•mlnorf• •t•tomont I have completed my examination I confirm Ihal no maleri•l moiiers have come lo my attention in COnttl0 w?Ih the examination glvlng me C&UEe lo belleve that in any malerlal re6C1-. accounling records were not kepl In rets( of the Found8llon 88 ty4uired by gedlm 130 Df Ihe Ael., or the Acceunts do not accord %4ilh tho$& r8¢ord$ Ihe accounts do not comply wlh the appllc8ble requirement8 conmIng the fom) 8rYJ eonient of aceounls Set out in ihe crthe8 (Accounts and Reportsl Regulaiions 2008 other thèn 8ny requirement thai the 4¢counlS give a'lrue and fair vievl which Is not a rnaller consldered •$ part ol in h)dep&n($8ni examination. I have no wncems and have corne acro no olhèr matt•r8 In nn•¢ton Ihe emin•t1)n to ¥N¢ 8iienllon ihould b¢ In Ihls report in order lo enabl8 a proper undarslanding of th8 8ccounls to be reach¢d. n i-u-kkn. - Mr• M Hutchlngs Apil•y• Chart•Md Aceourthnts 21 8•mpton Str••t v•rton D•von EX18 8IA D•t•'.
The Posbury St Fran¢18 Trust Statomont of FlTranclal Actlvltl•8 lor th8 yearendod 31 Oeeember 2024 Income Renlwl income Inve51menl income Other income Total inrne 21.150 31,891 21.150 31.891 15,66B 29,869 soo 53.041 Exp•ndltum oTr'. Chanlable aclivilies Maintenance of Investment propertl8$ AdminI81r8live expenses Gr8niÈ and awards To181 expendiluie 26.384 14.289 26.384 14,289 21,956 11,727 Oth•r gxpondltur• RÈalised ProfiUILo551 on inve¥lmenl8 Unre&lised PronviLos$l on InveBlmenli N•1 In¢ornel lexpfrndlturo) 12 12 12,802 12.602 69,687 Olhef 98ins I losses Los8 on revolu8iion of Inveiiment prop8rti85 10 113.6911 1167.4221 N•t Mov•m•nt In Fund• 12.802 12,602 RKonclll•tlon of fundi.. 8114n5 brought lorward 8818nces cèrried foward 1583S6 168958 1.861 322 1 861 322 2 017 878 2 030 280 2 129 104 2017678 The No8 on pages 10 to 15 form p8rt ol these Fingnd41 Sl8lemenls.
Thè Po8bury St Frtncls Trust B•l•n¢• Sh•9¢ 45 •131 DgG•mb•r 2024 Flx•d A8iets Inveslmeni PfoperK6$ T8ngible aet$ Listéd Invtritrnonls 917.725 26,259 1 052,363 1 996 351 900,WO 15,904 955,949 1871,853 12 Debtors Ca¥h ai Bank 14 7,608 7,564 148419 155,983 46,479 Credltor•'. Amounts f8Nlng due vlthln one yeir 15 12.550 10,158 Not Curr•nt A•A•t• 33.929 145.625 Not AM•1• 2,030.280 2.017.678 R•pr•Mftt•d by.. Unr•*ricted lund$ 16 2 Q30 280 2 017.678 The fincIsI &ialern?nl8 wer8 approved And Bulhor4sed for Is$u¢ by the twstee$ on....... and signed on I1r behall by.. The Ven. Dr Trevor ne•... Chair Mr Gil¢8 Frampion Tw&lee The Noie• on page8 7 to 11 fomi part af those Finandil Statements
Th• Ptsry St Frnncls Trust Not86 to th• Plnanclal Statomont8 for the year ended 31 Decèmb•r 2024 1 Summary of ilgnlncant aCcontIng poll¢l88 Tho Po8bury Sl Fr8ncis Trust CIO I'ltr Trust'l Is a charity registed in England. UrFited Kingdom. The Trust con81ilules a public benefit entity as defineo by FRS 102. The finano81 statements hav8 been prepared in accoTd&n vilh Accounting 8nd Reporting by Charities. Slalement of Recommended Pf8cli(% applicable lo charitie5 ppariTrg their 4rxounls in accordance wlh the Finanryal Reporting standard applirab1e in the UK and Republic ol Ireland IFRS 1021 issued on 16 July 201418$ updated Ihrough Update Bulletln 1 publi8hed on 2 February 20161. th8 Chantle8 Act 20118nd UK Gener81 A¢pIed Accounllng Pradlce. The fin8na818t8lemen18 are prepared on a going cnCern b88is under the hi$lorical c081 convention. modified to indude certain Item8 èl fair value. The fin&nc4al slal?men18 are presented in 8lerflng %thlch IB the functional CurncY of th¢ charity and rounded lo Ihe rreSt É. The 9nCan1 accounliThJ polides applied in the prep8rBlion of Ihestr finan81 slat8menl8 8re Set out below. The88 prlldes have been consi>lenlly applied lo 811 years presenled unless othe slHled. The Trustees cDnsidor that Ihertr •r• no moieriol unc•rt•iniiei aboui the Tw$i'$ $IllYt¢ eonlinue aB 8 golng concem nor any swJnificini 8re88 ol uncArt81nly Ih81 &ffacl Ihe trthftyng v8lue of 888el8 hold by Ihe Tru$t. l incoming r¥$ources are Included in the Slalemenl of Finano81 Aclivllies ISOFAI then th6 ch8dty 5818981ty eniiiietl 10 tho nrn8 8fter 8ny performanc ¢on(Jilion8 hove been rnei. the amount can be meaSUfed reliobw and il 18 Pfobable Ih81 the income ill be reIed. Inyeslmeni in¢ome 15 v4rned through holding aèsels fof Inveslmenl purp080s such 88 shar88. 11 Indude$ tllvl(end$ iniore81. wre11 1$ not praciicable lo Identify Inve8meni managemenl cog15 Incurwd 14lhln a scherne ¥th re88on8ble accuracy ihe in¥e51menl income 18 reported nel of thats8 c0818 11 is inrjvded vthen Ihe omtsunl can be rnejsured reliably. Inlerosi Incom• recognised uying the effectNe Intero81 melhod and divKlend 8nd rent in¢omo 1$ re(x)pnised is tho ¢hwrity's rlJht lo receiv8 Poymeni is e61obll$hed. l expenditure is a¢couniod for on an accru81s baBlS qnd has been clas8Sfled und8r headlng8 Ihal ogoreg8ie 811 cosi$ wlaied to the cjlegory. EXpendure is recognised where there 18 a legal or constructive oblio8tlon 10 make p8ymenls lo third parties, il 18 probable Ihol Ihe selllemonl will b? requlred and the amount of the obligallon tan be mea$uwd reliably. 11 is cwlegorised under the b110n9 hg8ding9". Expenditure on th0ri10ble a1¥111&1." and Gr8ni$ p8yob Irrecoverab VAT 18 farged 8$ 8n e¥pen8e •oJln81 Ihe aC11ty lof whlch expendhure 8ro•e. Gran18 payable10 ihird p8rtieB wrè wlhin Ihe tharilable obl8cllve8. Where UnnOn¥1 grnnl# Ire offered. this 18 accwed 88 soon 88 the recipient 1$ notified ol the granl, thi5 g5ves rl$e tu 8 reasonable expeci3lion Ihol Ihe reopienl wll receive the grants. Where grants are condilitsnal relaling lo perforrnance Ihen Ihe groni 1$ only 8¢crued vthen any unfulfilled condllion$ jro outside of the control of Ihe charity. Investments are cOgnIsed inilitslly Èi fair value wthieh i¥ normally Ihe tranJaction priTr exdvding Ir8nsadJon co81S Sub8equenlly, Ihey are meayure(l al fair value wlh changes recoynised in'nel gains I Ilosse81 on inve51mgnl¥' In the SOFA Ilthe shares are publicty traded or their fair value can Oth&¢ bB me88ured rel18y. Other investments are meBsured 81 ¢oyt le$ Impaimeni. Inve$imenl properly, vthich18 properly held to earn rentals andlorfor capit81 opprecioiion. is initially recouni$ed ol cosl. %thich Indudes the purthase cost and any directly attribulablÈ expendlure. subsequent 1$ measured at fair Value at Ilw reporting end daiÈ. The surplus or Jeficil on revaluaiion ig w¢ogni$ed in the SOFA. Tan Depreciation is Provided al rates lCulated lo wyite ott Ihe cost kss resklual value of e8th asset over Its expeded u%ful life, as tDIIows,' Fumiture & equipment- 15% rÈdutyng b318nce Computer equipment- 3 ye¥r straight line
Th8 Posbury St FrancI8 Trust Notss to the Fl#anclal Statomants Icontlnuèdl for tho yur•ndgd 31 Dember 2024 Debtors and cyedilors wilti no s181ed Intere81 rale and receiv8b or p8yable %%ithin one year 8re reeA)tded at Ir8n$8¢tion prir. Any10sse5 Jri5ill9 frorn impaimient gre recognised in 6kpendilure. Cash and cah equivalents are basic finanaal a88ets and Indud¢ rA8h In hand, depOts h61(5 ai Gqll with banks, Olh6r short-term liquid investrneDt5 I1h origingl malurilies of thre8 monlhs or k8$, 8nd bank overdr8tt8. Funtl bJl#nfXJ are Split been unre51ricted (general and d68ignatedl and re8tricted funds. Vnre8tdcl8d funds ar8 avall&bk for u88 al the disuelion of tha Iru$tees In furtheran 01lh8 genero1 obje¢tlvfj$ of the thadty and %Yhi( hove nDI been tleuignated for other purp08es. Detsignai¢d funds compriso unr051ricled fund8 that h4ve been Set 88lde by the Iru81e88 for particul8r purpo888. The aim and use of each design816d fund 18 $ei in the nDles 10 fin•nd)I slalemenls. Re8ldded fvnda compromi iubject to C4Jndilions iryosed by the donor for speafic uje. Capital lunds repre%nl the permanent ossels of the chgrily. Tol81 rolal l R•ntsl Incom• pl8n Agricullufal1gTr Wayleave 21.097 21,097 15.615 53 53 53 lThv•tstm•nt Ine¢m• Dividends 27,679 27,879 26,130 Oth•r In¢omg Le98 soo Ch•rft4bh •cUv6tl•8. M•lnt•n•nc• of prop•rtl•• The Haven Consurnable Repairs and renew818 Heat 8nd Iighl Gener41 role$ Waler r&le8 Insuranc Cleanln9 Inlemei TV Licence Depreciatron on fvrniturts & fixtures Th6 Tractor Shed Gèrden maintenance RepaiTS ond rn•inienonrA Heal 8nd li9ht Cle&nin9 General raies Waler ralÈS nsuronr TV Licenet Deprerialnn on fvmilurt & fixtu9 P08bury land and bunal ground R?pa5rs and renewals PrOfesOnal and legal fees 80 2,522 t.203 1,97S 413 299 2.032 1.417 2.071 342 1.140 3.214 336 159 2.780 2,522 1.203 1,975 413 5,784 5,784 170 2.307 170 2,307 609 162 600 70 2.678 447 609 162 600 70 2.676 447 747 885 1.233 195 1,369 213 875 159 170 2,327 170 2.327 1,176 3713 1.176 1.180 1 310 21 956 26,384
Tho Po8bury St Franc1• Tru8t Notas to the Flnanclal StstèmBnts Icontinuèdl forth8 yaar and8d 31 Det•mbgr 2024 Adminlitrativs ¢0ts Total TolAI Administrator Insuran Travel Prlnling, po$iape 8NJ $18tiorry Telephone Websiiè ¢QSIS ompuler and sofITre costs Accountancy fee$ Sundry expen¥e3 Book Subvention Depreclaiion 6,106 6,106 5.628 148 1,817 66 714 144 348 2.040 654 1.541 193 1.490 1,541 193 1.490 372 2.220 607 1.440 149 14.289 372 2,220 607 1,440 149 14,289 148 11,727 Employ••1 Average number ofemploye8$ durfng the yoarwps.. No employee8 eaml emolument$ ov&1 £60.000 during the year. Trut••# v•mull•ratlon and oxpons Ramuneroiion Expenses relmbur8ed- mll•ag8 828 828 Numb6r oflrugle88 to vthom expeniei relmbufsed R•l•tvd p•rty trJn•actloTrB GraTrl &pplicalion submilled by Iru81ae Dgm8118 Hendtsrson durfng tho year on behallof Allson M¢Te8r atK1 MIII HousB •nd awarded a lolal amount of £633 Duriffj the year the Trust granted 8 person919rd 01£50 10 Rov Ruth Frampton. Ire ofthe Ireo$urer Mr GileB Framplon. 10. Oth9r gaInl#•i Transfer from The Sl$ler8 ofihe Frndn Sorwanl8 of JegiJ$ and Mary". Cash al b8nk Inveslmeni propertlg9 Al f8irv•lue Lo88 on sale of land Tht S181er8 of the Fran¢i$can SerY4ntB of Jesus 8nd Mary was B relvJious orderwhich hag ia3ed to 861. Upon the clo$vre ofthe Order the above 888el$ tre Iran$feffed to and fomied the newtharity., The Posbury Sl Fran1 Tlust. 11. T•Thglbh Flx•d A•i•ts- Irtvwtrrwnt proporth4 8rotyJM fornwrd Addiliony al cosl R8w81ts81i¢n$ Dlspots815 900,000 17,729 1,062.696 204.726 1167.4221 1200,0001 V81ualion 88 8t 31 Decemter 2024 917729 900 000
io Tho Po8bury St Frgncl¥ Trust Notos to tho Flnanclal Ststèmgnts ItorbllThu•dl for thè year endod 31 DBcernber 2024 12. Tonglblg Fixed AMot¥- Oth•r Fumilurtr & equipment Computer equipment Total As 8t 01 Jgnugry 2024 Additions 01gposal8 As &131 Damber 2024 19.786 15,138 445 20.211 15.136 34 904 AB al 01 January 2024 Charge Eliminated on disposal AB at 31 Decernber 2024 4,011 4,634 296 149 4,307 4,783 445 As 8131 DeCemr 2Q24 26 259 26 259 As 0131 Decembof 2023 149 13. In¥Mtm•nt• In¥e$imenls wrthawl durtng y•gr Inirodv(d Proceeds from Sale of inveslmenls Realised profltllo881 on &alo of in¥¢$lmonts Unreall$ed profil I10$81 955.949 75,000 873,744 21,414 82.205 Mafkel Value •t 31 D•cmb•r 1052 263 955,949 Hi•lori¢ cost 1003 208 928 208 14. D•btorn Inveilmeni Incorne B•nk inieresi 7,236 372 7,608 6,eos 959 7,564 16. Crndhorn: Amourrta falllng du• wlthln on• yo•r Trade uedilor8 Deferred income Sundry A¢¢wo18 6,813 3,517 3.071 4,887 10.158 16. Statomwnt of Fund• Capital Fund 1ncome Fund Tol8& Funtts 1,861.322 156.356 2,017.678 1,881.322 168.958 2,030.280 12.602 12.602 ¢apll21 Fund In¢ome Fund Totsl Funds 2.028.744 100.360 2 129.104 1167.4221 13.691 1,861,322 156,358 2 017.678 69 687 The Capital Fund repre8ents income and expenditure relating lo tangible fued a$seis ef the tharity. The Income FU rePrn15 the day lo day inGomE and expenditure of Ihe charity.
11 Tho Po¥bury St Frzn¢i• Trust Not85 to tho FlnonGiJl St•tern?nts ICOntlALd> for tho y••r onded 31 Dfrcember 2024 17. An81$ of N01 A880ts boiw80Th Fund Capital Fund Income Fund 1,970.092 28.259 1996.351 1108.7701 142.699 33,929 1,861,322 168 958 2 030 280 18. Gronts pald In th• yoar P•rnonl Awrd8-lor ittsdl•i In 8pldtuallty, rollglon Ind •v•n9oll¥m Totjl PBf5Dno18word$ 3,090 3,090 Communlty Awird¥- lor fo•eafch #nd tmlnlno In th•ology ind r•llulon Exeler Dioce50n Splriiu81 DSreclion Newrk LifePglh Tiverton yeux Trlp SWYM TorquBy United Bt8dninch CACTUS Random Aug ol Wonder Libyrlnth Proje ST Mlchel8 Teignmoul Telon Valley 8nd Hak1on Hlll MC Uffculme PGC Sl James the Loss, Weat T¢Wanmouth PCC Nethrexe Exeier NeIrk ¢hur¢h 1,533 1,500 1,480 3,000 1,ODO eoo 1.000 1,000 37 280 3,000 1,180 1,500 1,000 18,090 Ovgrlll tot•l• Totsl Comrnumlty •w•rd• Totsl P•r8on•l awardi Qv•rll total for •ll ov4•rd• 18,090 3.090 21,180 Fyturo Intthlm•nt• of *w•rd8 ipprov•d but not y•t du• •mount to £6,386