REGIERED CHARrrY liLMR£k. 1194243 OF E IIlL,E Chart¢1 AccountsnL4 and Swuw Awlrlor 1 & 2 tla Village Torwwj We#wYMMI Busin PgJ* Covtnty We# MidlaThls CV4 8HX
NAN Report of the to 10 11 to 13 14 15 Iyotu to the Mn**d•l S¢•t¢u 16 to 25 26 to 27
OFThE R THE H 21115 The tnJ#ees present th¢fftr report with tr¢ finaDci21 of the clwity the Y ended 31 March 2025. The atolicablc to charities preparin8 their ID the FinuKial R4wxtiD8 Standard alle&b]e in the UK and Rwlic of Ireland IFRS 102) (effeaive l January 2019 Obltttlve¥ 8•d alll The obje&ts of the CIO Irv. for the benefftof the ia the uca of tfit.' (a) (i) The wovtsion aryi of a site frr the Sdwl (withltt the of the FAtuc4tion As> ID or near Berk811. Wesl land&. (11> Th¢ advancern¢M of of Fy)il3 in the princtples of CThureh of England (iwluding S{Ki physicai trajm) thr(wh the [0vIsion of items servi¢w fxilitses aThl wial benefits of any ktnd not rulj to provideit by the Autlxirity for bcncfit of tr its pupi Ib) Tr reliefof verty atrMJngth¢ inFAbitwus of the area of by the wis&on of &xial HLwsin8 in the IclTo further the r¢li81o other chaTi•bl¢ of the of En8lard in the rish by mwNainin$ and repoiring th¢ fahric thl wit¢nts of the Parith Chtrch of Be1. (djs ctsdwltyble pw¥J b*¥fitofthe InlYJ)iknofd% as th¢ think fiL
Slgnffiuut •etfvitits The TnLse¢s ofBeknvell Chariti¢J h4 in li at all iinw in the intrrvts ofthe Charity. )usin 'Ih Charitys re8iSturd numberwith the ReBui8torof &Kial Housing 1$ 5189. Ti Is e8blishcd underthe FYLIYi5È0ns of the Ho18 ¥ThJ Reg¢neTati(th Act (HRA) 2(M. Th¢ Nmber of units of s11 IK4tsiti8 oTh1 by tk cjwity at oNt of the yw follows.'- AimshLN]ye accommodation ryovided a4 of 1st A11 2024- 14 A]nLthou% provided as of 31yt Marth 25.14 Ajwgknwe Prnp¢rtles The Chariiy's A1rnslK wpcrtiu in nthhE¢r, ¢i8hi of are sthmted in Church kne, Be1] whilst the r¢maiJung six are in CTomThrll la Burton Green. Tr AtmslM)ws hwe be coniinuowly occupÉcd thmu8hout the aNing pertod ve for one void frtMD 7 April 2024 w 8 Mty 2024. iknyn¥ 1¢h the prop¢ty w&9 LYti8ed and a ruident 4p)int¢& tothl wrekiy mwin[ c(mrtTib meiv¢d w89 £103,351 fvel dw8e of£8.159. Thts ¢os¢ of reI[S ty MSli¢ U5,737. 8 dekYra of £16.017 pwd 31 March 2024. other PYoptrtk4 In 2023 w¢rr Utert in res1 priva rrJidenrial WKI Commttei wottrties. An incrllenl r¢ni review5 wmplaesj during a(Ning period. No r¢view in thc yeor •Aling 31 Mareh 2025. The 2023 rent revltws on &tMx> year review. A vold h8S existed at one of th¢ pri¥ate rttid¢mid woputi¢s slnce l Feiyuwy 2024. The &eision as taken by the Trutc to s¢ll th• rx(wty on the cgen with tl¢ being rcinve>J in th¢ Almth)w Proj¢ct Fund. A S¢. Subject to contsxcL a8re¢d a¥ ¥131 Marrh 2025. In PAldilio Vill4e Skn le [re1t¢d by the tajant on ihc 15th of May 2024. It w&$ UMCCled wil 19 D¥c<Thbtt 2024. Thc total costs iUrTed resulung fTum the void rnee¢ th¢ utillty btlls SAI t44irJ to the tr11n8 £7.05& Sw1)s to the Ch•Tity for electricTty d insurETKC prerniwn tot8J aio3. Tot81 Sneome from th¢ in¥1 £59,m * 31 )25. In thB at 31 Mardh 2024 the ome £7&831. The cost of rcpwrs to the Fanty laTrJ Inve1 woperti¢s tre £S721( an i¢ of £17,139 the pcrSod lin131 Mch 2024. V&luatlDu ofthe Flxed Awts The Trust¢¢s obincd a yV10 of 411 of tr¢ prop¢ts and in Marth 2025. Tr fDlr y4C of inv¢ytmeTrf pwperties at i April 2024 w&8 £3,432,WlS. Th¢ thion5 miewtd in mdt 2025 a rtci reWu10n incre of£W2.010. As at 31 Mlrth 2025 the ttdlxxjk of the investszth WOFrtie5 £4,314,915. ExpeDtlllur The 'frtee3 ¥%ill ttin to W 8NI mairrtain 4U propeth w A lIcal As will be de1trnltrd by the Trustw sufficieni futth wll k inve#oJ designa for this purp¢. En April 2024 th Regulor of Sori81 Howing introduced sI&llfilI to the way •41 laTrJlLYd$ MtFE rcguJatr4. Under the kniai How4ng (Regul10n} Act
Alongside the Rent Standart the ¢yJttomeg of GOVttm Vlability SI aThl val Mor¢y tlkgoverned housin8 sector able to deliyer qTry homes semces for ¢urrEm and futswe oc¢upant5. The aware ofthe [&11a1 implicallons of tr¢ E4w Effi¢irw Re810 Bill , {king on the uhimth impact undertak¢n to minimise erni1. It 15 pl0F1 that any mv almstre PTOEffiies buiti will adopr many initiallves yuch the inclusion of solar and airsJurc¢ . Almghoryw Prnleet FDJ The Alm5houye Projc¢t Futhd esthblithd in li wih the Jti8i¢ objeLtvu ofts Tru4e¢s in Awil 2021. Tr speeifi¢ pwpose of the fiThJ u to develop Th AIms1M thin Parith aTMI pmvidc athlitional ciat housing for those in need withtn the 90[ bcnefit in lirt with th¢ ChariiY$ Objects. Tr¢ fd cwr¢DIIy stst¥l% w £875.523. All necesswy steps wv¢ tsken by th¢ TnLqey io I1 JM8iSt on80iJ foreca58 atKI blBe17ry LX)nGernin8 the Charty's nrrni etthThent pr(yuti¢S W ITe tr m&%irntw>on ol inLa)m¢ from t invtslm¢ni Publlc b¢ffj¢fit The Chariti, repd to th awity C(rniysi(ffl's pJbl¥c beKfit guldthc¢ kn exercislng 4ny rxiwen or dwies wlu¢h the 8uidance is rEkv4nL re pl•N• UbJilY¢S for th¢ shor¢ rnediU et¥J lo tr4m idalifi followin8 8 &thiled and Styategy mcaing. R¢sultin8 from thi4 Tntsttes revi¢w xop¢ of the Strw of thE.Inwl meetings this serv¢s to Skort Ttrm Durini the coming year. charjty will <(tinUe to fwthw #U the thtiritabk objeLts and will crrtinue to &ryss and idcntify all tr1treiYed a&R¢ts, ther rKorrfy (ff lKi. Th¢ will strtve within limits of their inc(4nc to DKet )eriy pr¢%ntsd tEqU¢NS fWdoDiorn IalvI1& c1[}5 all with thè Obits ofthe ChHrity. The Charity Hryll continue to wive tOM•rd o¢h1cvi the StrAW e5thblW in 2021 to bjild dm9houw wtthiti the ar¢a of boncfit for th¢ communiry. The Chority wrll continue to monitor ts financial Triability of the InV¢Ane propcrticg 8fven thc lfI¢l cost of Y¢pair5 and maintetrwe. lu8h F¢cmlums CnrIj to thE bome recti1¢. The introdu¢tiott of prrposed le8iJlation for th¢ priYa pox8 a tlrnrKial rigk ts tk Tnllt¢e5 are acly awtte of. M¢dlum Term To ¢ontinu¢' to seek opwrtwLleS fv rTh ifteome slrr4nL8 to tre & needs of all the benefi¢iaric5 are met to cnabl¢ fvnd5 tLTr be Jet aside to provide mv A]nk1PM) wtthin the PArish of B¢rks¥tyll for the benefit ofthoge in need itrdn the Parish YJrrorTrB rn SIKwJld the Charity be with thc Almth pYoje¢L the Tnkyte&% shall iJDml1tIY revi¢wthe of th¢ fim& inve41. L1 T•rm To build addition Almshowe propwtics irt need within th¢ 1$h of BukswEII thr gr0kn8 area meet the Chmritsble objects reli¢ve povty in the arw of baxfii. To seek to deve]op r Kevenu¢ re•ms to tinue to mcet the Charttys obliwions to exiAitig P)*ntI future berKficiarie&
BE LCHA RTOF USTE FOR THE YEAR ENDED 31 MAR ACIIIEVEMENI. AND PERFORMANCE Cbtttxblt 8Cti DoJwtlonJ mxdt fro April 2024 1•31¥t Mrth 202- BÈrkmell Chur¢h of Emgland Alded Srhwl Duringthe a¢C(Xm wio(i the following pxid to the xknl. The Arthur James Be4uesi 01£601.89 w&s ld the bt plxcd In a fund in with tenn& ofthe bequ& to wist pupils ot1vw¢ be ablew alleThl elknoi0n vi5ity ¢ithr ruidential or day. Othcr DoDatlon$ to Btrkswell C ofE Prlm•ry S¢hool The I re$ to mak¢ th¢ followin8 don&ions iti of repair5 Hnd rnaintrnanee to the 5d)ool lI1n65. Donations were of: Year 6 leavers biblc.. £424.10 C¢mTnunity c.hristmas Luncth.. £400 Rep4irs io 8chool J.4s¢ia5: £678 'roiletrepairs'. £1,785.62 RcpaiT5 to reaT £1,3 D¢wralion aThJ finish front ofscknol buiM1.. £4943 DrnAge repgirs.. £4,320 Rcar w811 WtsTk5 5vrrounJin¥ the play8nJur¥l.. £6,680 StruLiurnl FngineeT5 ongoing ml¢n8 of Fs1yFS. £1.080 R¢M¢dI Work to l.'SII EYFS buildin8 at IlerkslI C of E Prim 8ehool. contrit¥0 from Cov¢4try I)i(e Bo4T(l of Education.. {U7.0(Kll Slru¢turnl enginLK'rin8 servi¢es.' £I,K) Surveyors plattning applicDtion fees.. £1,534.76 Planning ftt.. £363 Surveyor¥ C¢Ms Buildi Regulwion Applie70n. £120280 .1 opQBrnphic Surveys.. £1,518 Provision of ALro Sur4Ains.' £88 Pre con1r1 Qothntity 8urveyin8 and Post Contract 4dministr#¢ion.' £4.841.04 Buildin8 (.'ortlractors Co.. £25,W.91 SInJctur Engineets Build C¢TrsL8.' £1,278 'I'otsl donal1 to the thl durillKtht &cOting Wi1. L73. 6&1.12 FID#oclal knlst•nce tD Beuelkl•rle• Ill iht Art• Qf Donaiiom to the n, dwing the year. to £5.67180. DonMtloDs to oth¢rOryDlstlo Ilerk5well SuLiLty. £500 Central Schools TLr Va Brt15all Cotwnon Primary Soknl, £1.865 HS2 R¢spit¢ L)nlI Cr[mlI £9,443.87 Nottc of the 8rllnts' rtcipithts aTr rclated P1¢&
The prime focus of th¢ iDveA gtragy is w provid¢ witsl with cxctllew 1tywidityd a contwitiveyield. Thc inv¢nLI produ¢¢d an inLwie of £120J36 4Jry th¢ alr01ng tnr¥ea8r 0r the £119,274 in the previous a¢tIllg y¢or. The price per i[rne unti dedared 31 March 2025 120 rRuc¢ ptr unit cOMrd to the divide1 dttJaMJ on 28 March 2024 of 2.19 pence ptr lti compAYtd 2.12 p thlard the 31st of Martb 2023. IletL¢e a totsl of 8.68 ppu itt 2(ll314 eornwed adividend of &79 in 202415. The interest quttTty i1rt¢I h&8 been O.S% than the equivalert in 14. Fd compAfor tho la# moth hi of 4.05 to the IJ# ¢Wer rtgure of millus 3.29. Tlw¢ has of 1.13. ExtetDat faaorsattnlMrt•J the tILxaWith lth the UK, prfftce {CPI) infioiioD from Z5% in Dec¢mber 2024 to 3.4 in 2025 2.8% ' Febrw. The Bank of Eng[81 {BoF.) 4>Jt inwes rntts onc4 4.75% 4.5% in Febru, but rnid its infiaiion fore¢& to 3.7% by the third quarter of 2025. Secondly. yome of Pr%8i&rt 'lrwnps rolicits ITi88eTEd SI11 uncutsinty. Tr f•JmInis1(ffl's deeislons partiLUtllrty on Witt4 h&v¢ ]med th¢ invem¢rt m¥k¢L Oth¢rlMe•n Government CoMtrtts th]ring the fA&untin8 period tr Clrity dld corlrats frwrt CaMTal Qovenknern ora IA)ral Autknity. Cov¢rnmellt GrAnts The ajarlty did rff¢ive any Unid Kir4dThn in the ItwKlal p¢¥io Tndlng Suhhllariel Th¢ Chority does w have ony trth4iD4 thidillEit Oth¢rGramts The Charity did not rtteive w (rflKr8rJM& FtNANCIAL REVIEW Fln8ntknl poJhlD The Ch*rity's fimd5 stsKxl bt £12,077.793 Oft 31st March 2025. £8,365.922 h¢ld in urrestrithl fulm £75,444 in Festri¢ted fitNL8 and £3.63A427 in eo71Cl PfflMclpAI Jo•rcts
TrusrE FINANCIAL REVIEW pollty and objetlfvtt The Chdrity's inves¢tnatt objeas are w prot in so far &$ is re&%Mwbl< with the avoidanct Of unth risk, the val of the capital and in¢ome of the Portfolio. after a[lowd for Intlatio Tnr4w aLw w5h to oFKalli IlivmifKation of inve8mnts administrativ¢ advants8u fr(Th inK%thieni through thE LY)IF FAhiLxI Fth. Truste¢$' de¢i5ion to movc thc fluth Lduol FuThls is ¢vid¢n¢e of tlÉr on80inE An of other the markeL Rts¢rvs poury 'I'hc'lrus¢tts ¢onsider that the inc4)me rtseThe hekl in thc Unrt8trict¢d Income Fd of UOO.IJ(KJ is sufficieni 10 cthyjre thc ongoing vi8bility of thc Charity. 'I'he l¢v¢l is rcviewtd atwlly. T1 lunds are periodicttily 2nv¢5ted in tht Charity Official Inythl Trw- FAh] units si¢ the 2ThJ of Jyly 2021. A micw ofthe inv¢sthwtts tak¢5 placc regularly.
PORTOF THE TRU. SUMMARY AND oUTLK expended wit1x> in roany itLtyKes ts tw]gible r¢sults beiD8 immtiJiaty evident On a pIve wte the &¥ets of the (Iwrity ¢xce•kd £12millI the first rune al ¢(Athl rcxh £20million by 2030. The arrivaj ofthe TrutDp tr¢siW on 20th Janw 2025 has Itrrfown a into the Tk$ ofmllny finDnci iTh¥titutions aNJ it is POS5ibk that tk l¥lainty will (or gxne tillk although mats their inÈtS81 downDJrn have waduaily rrtym1 to thcir previows leLS. '11 revalu10ll of the woperties after %me six years much lar h8 barely Change The ChLS i]¢ hps al ramirted t1 yrnall growh in irmtse sn)all Incrnse in WMC nd a ffduction in cmei01 r¢rtsdue to vold& Ineorne W)tiallY trcble overts to 2030 as muth of the pr¢parniion Comes ts fruiiiorL Muth preprntory WY)Tk h&s gone Into th¢ plannin8 application to build moff Almshow wllith is to considered. Should oth¢r planoin8 applic1$ eoneernin8 the Lharity's laThJ in wogress rmv¢ ty be there could Ft considerable traw8formwion of eximing Charity. The rwlwion a claim fly injwi05 offeL%iotb again51 HS2 is clos¢ which will end to a cmmenced as far bxk Js 2013. A Ith18 for the Village StLKe4 now known TheNook is in the pip¢li Vltsl work Èo on¢ of thc tlIdiof Berks¥1 L of E Pruw Sd1 ¢IXnet¢d pj thm&ior rtpwr at th¢ s¢hl uThJertake The Trues have rell xvernl chollenges th¢y¢ar. Tr forfcitwc ofthe lew of S¢orc & Stovc, lthc (orner Vi1188¢ Strtts}, [ch led its a lengthy void thot direaly imp&ied the collxmunity. Whilst the prnvi3ion of the shop (kne& )( fall within the C.hariii¢s obje&X5,' li bcen a priva tsrterpw, 1¢ Aill seryed u i pt for social inwaaion. tn &c¢ordw with tr Tn¢¢9 Medi10 kn xratw to dispo of the privately ren1 ir]ve¥tin¢ni properti¢& 4 deci¥ion mpAe to sell Grov¢ CW. A sak had been wbjea at year end. The role of the Carr Officer hu be ao ex¢k wirnmern lTr sup¥1 wovi(kYl residents ¢4MOt be (Ptird. Mw¢ re¢enily, the hve thinistrl¥t wNJrAt the Clthk givcn th¢ incrwin8 vrkload resulting fiDm th¢ almst¥Ju%e proie¢L The Charity'g WL'b8ite w&8 &&bliylx4' the Tnmtres rtcoBnisin8 the need to ¢(KrunuThic the Charitys artivttics w th¢ wid¢r MMunity ll1 invite comment r¢kv8rtt. Thc Charity lIE the wtb5itc to advertis¢ Ahnshouje aTxI Applic10rL8 fo for all these rok4 W reqwL5 and the publi(¥Lion of d(¢ull¢nts rtyuÈrI by th¢ Housin8 OMbl$man has lsted in streamlÉnir the Tntstrel WhiLq we do T1 dIrY u5¢ la1 media Trukn w¢ Illn8 ond able to share Inform1( in thi3 tii¢h IKert pticuJady beneficial in &UT&tin8 rRw rtsidents. Ibe appotnlmeryt of a new Cb&ir 8(tt smorrthly artyl A rwty in8(1 Bwd T11 n¢w Tnrt with key skills, being apwmtrted lat In the y¢ar, Clwity is 11 forth¢ ¢lJallcnpthat lie &he&J. Trustees we mindfijj of the riskn that are ah¢sd espKI1Y With reR8rds to finAnCI chttllenges thut lie ohead with building rKW a]mshS arml the neel be mir¥Jfth that Oth b¢fic]drIttS are in rxb affd by thi& The t of each xep. The next fcw ycws iill be thg11•)w8 but wwld be extremety rutrdlD& Mith th¢ poal to pmvlde affonjablc Chari¢les s*i0th pJ#nnin&
rANC REw A tutal of nv¢lve Tn Meetillgj plw 8Muai B%¢1 a1 Stsw wu¢ held dwiD8 the COUnting peri(. No sp¢¢iai mectings were being advertiwl at year eL aw Provisio Ail decisions ¢akn have be<n in the Ix int<tof tk (•ffiry. STRUCTU GOVERNANCE AND MANAGEMENT Gov¢r•lDi doellm¢JJt The Charity. in its current fonn Charitsble I1 (CIOA wL8 establid by a coll110n ted 27th of Aprtl 2ff21. Rttntltswnt and ap1¢t of The b(Oy of TnLStceJ mwt cotwt of thAt14 Mr more than g apwinted rnLeo i ¢x officio tnLStee' 4nd nDt I th8n I more then 2 n(xnlnatrd trustee& The FotTl0 True shau t¢ The klor ofst John Bapst thurrh. T ParLKlu¥l Chwth Coywil (PCC) ofthe Parith of St John BakswEiI arvointstwNOrn1tsOtr Thweu. FAch appolnthient of a Cowoocd Tn&tt for a of yexs atsj by a rew11 It a wopthy ConVed tneetin8 ofth¢ E•eh 8ppoittthxent of aNominthJ Tru¢ mwi be l¢rn ofthree y¢• The Ex4)ffJcio Tru¢L shall lthm41ic4lly be a clwrity ¢nMe< for lon8 &8 Ir w the holth office. New 'l"nt5 aff re(LIlMi following the reOIlirernWts or retnoval of exiqiD8 Trustse& The Truste¢s meet ttgular intem]s throu the yetr rewdln8 &)wior4 policy strategic de¢iJions aTrJ exrnditure5 on afty of the Clwitys prtyutie Indurflon and trmlmlni rutee• New Tnle are i[uC?3 w tr in thetr re4YnibiliiI th th¢ Chvity by the Cl& All In&4le¢s 8lve time vulwthrily rettivr no benefits the cknrity. Any r1•1m fmm the djthty are set in the the firwKid Iatemcnt Key The Chorily ¢mploy% a Clefk on a b A Pa#ornl Care officer ¢mployl on • 3df•loyd bJ5iS to r¢sidents md rwrt& No Employe¢ received trAai ¢mplo>7nent beKEts of£(A).¢MI or MOIE ID the finItKi peri1 All ¢tthanccd DBS cenifi¢ths hav¢ Iwt (4Jthln REFERENCE Af4D ADMIMsfRATIVE DETAIIS Reered Cbrlty mllrnb¢r 1194243
EL Prladpal ddr Stroma Broch 52 MeetinB House L Covomry CV7 7FX Rev M Q Branon Mrs J Edwards C po11 B C4)ntK>r (victrchalrTnanl A Yates {Chairn)an) P Smith (rcsiJ 17.9.2024) D Bell N V LThilds Mrs S M Walto CJ F kn¢k (rrJigned 31.3.2025) op A Oldkn Audltors Annstron8s AcctanCY 1 & 2 Mewitt Village Tonv()d Close Wes¢wx)od Bwirsy Park Coventty Wesl Midlonds CV4 8HX Sollclto Rothertwn & Co. 8 & 9.fhe (JAdrant Coventy CVI 2EG Invegtment Advbers CCLA Inves¢mcnt Mwig8anert L S¢nator Flou 85 Qwen Vi¢ts)ria Stred EC4V JL.T STATEMENT OF TRUSTEES, RESPONSIBILITIES opp111¢ law United KitWomALYOti SI8Nlth(Unid KiwliKD Crtm8tty Aci¢M¢d A¢Wunti Ib¢ii¢e).
RTOF E TrUSIEKS STATEMENT OF TRU, RK4PONSIBiiJllEs. ¢•Dthiue41 The law applicable to chwities irt En8land Waw the Clwitics AL 2011, Lrity Repoffs} Regulations 2008 aTKI th¢ pmisions ot the de¢d Miuirt% the tr¢¢$ kn werAre fiJJ8JKiat statements for finan¢iaJ year whKh give a true atml tair view of the stste of affars of the Charity aTrJ of the in¢orriw re¢¢$ applicarion of reur4 inclLxiin8 inje ¢x]Ivr4 of ts ¢haTity ptri. In pwAring tl)s¢ select suitabl¢ a¢c(wffjting p)lici¢s and aNJly observe the methods and prirtipl£4 in the CIMTity SORP,. cthrtinuc in busines the fiJwKi81 ofthe ¢b4Tity aThJ ethle c4Lwr¢ ststthlents Comply with th¢ Clwiiies Act 2011, the CFArity (Ac¢(wJnts and Reports) Rela11 20 aThJ the wovislorfj of the deed. They are also resw¥Nible for sth8v8rfing the of thuity ar for tsk1 rt&¥MJable Sps for tt* pmfcntion 4nd detection of hud and other iwiti Apptovcd by orderof boud of tsutr5......-. . ............... ....-..... arpj on its behalf by: A Yates. Tr Pa8e 10
OF EPE rto Ownion Wc have audn¢>J the firla[ Ststet of Berkwll Clwitscs {the chty) forthe year endeif 31 Marth 2025 whirh compris¢ the Stst¢mMt of I.]ncial A¢tiviiie& the Baiancc Sheet ar¥J to the fman¢1 slatLin¢n ilUding a sunllnary of signifiknqnt acc4WtJtt1 1]¢1 Ihe finanGial rePNti frnmrk that applted iD their plyparlQn is 8ppli¢able taw and U]uted Kin8dom Accouniitig Sthrthrd3 OJnitrd Kingdom Crtrmlty Ac¢¢ptcd Accounting Pra¢ticel. In opÉniort the financial ststements". 8ive a true and fair view ot Ihe slate of the chariW$ affair5 at 31 Mah 2025 aThJ of its inwmitig rewurt¢s thd appliCl0 of resowces f(the ycarthen iderl' . have bcen ptDp¢rly prep¥Ted in a¢¢ordthce with United Kingiiom Gurnlly Ac¢¢pted ACcnItti8 Practice,. 8nd have bccn pparj in accord with the requiru ofthe Chariiies Act 2011. Basts for WL cunducted our audit ilt actd4[ wilh tnt¢ft)ationai SlaD(larts on AuditinE (UK) (ISAS (UKI) and applicable 14w. (kn r¢swnsibilitses wmk'r those arc further de111 in the AitOrS, Ay)orL8ibiliti¢5 for the audii of thc fIrKIllI #atrments section of our re[TrrL We Inde1 ofth dwity in )rd¢ wtth the ethi¢41 requiremen1$ thai are Tclcvant io our dj11 o( th¢ finaryci statan(ts in the UK. iiKILKting Ik l.'RCs Ethic Stsndard. w)d we have fiJifilled our other ethical respoThsibilitiu in arLOrdan with requin7tLcn¢S. We lIeVe thdt the aAll evi¢Jw we have obMin¢d is sufficient aThJ ar4)rry11¢ w provid¢ a %13 for w opinio C.oM¢lusloos r¢l•¢lng tts 1% CQD¢¢rn In auditing the fjnortci thtement% we h8ve ¢¢ClUded the use orth¢ 8oin8 conMI basi5 of accountin8 in the prepthrniiofi of lh¢ fuwJLial statem¢Dts is 8ppruprigt¢ ljased on the work have Prnn¢1 ¥¥t hfft ¥JaMificd any uncertaitstses r¢latin8 10 events or ndItiO , individually or ci>ll¢aivety, mdy C&St 8ibmificanl dou Th) the chwiiy'¥ ability to ¢offlIn 80in8 ¢oncern for rKriod of at leam tWL'lvc fvrmn the fjnawial are autIm for is [r resFM)nsibilitie¥ und th¢ re4)Otbibiliti¢J of trwees with lt1p w W)ill8 co1¢M art dwribed ui the r¢v1 5e¢tions vf this TtporL The trusices aTL rlP1bIt for the other inforrDatlO The otrr infornwion comprises thc IntutIon inclLthJ in i Ann Reiffj othcr than the fin8n¢iil 5W¢m¢nts ar#1 ourRqM ofthe Iwent AltorS tFrcon. Our opinion on the fJn#n¢i4J Swerrts ¢kns not cover oilxr infom)ation un4 ¢x¢¢pt to th¢ LMent tr)$¢ explicitly 8tad in thjr re[ 40 noi exprns w)y fim of 4smtK corKlusion In connection with our audit of the fir1] #Htemo, our rLyibility 15 trb ad the other iThfurnMtion and in doin8 $0, con8td¢r whcther th¢ other information is materially I1¢nI with the fmfincial stments ur k[[8¢ ob¢aird in the audit or othcrwige at4)ear5 to b¢ makriAlly MisstaYJ. If identify FJJch ma18] incorLii8t¢riey or bpparrnt muteriai misslaiemen rwirtd lo deterniihe theth¢r this give5 ri3¢ ILI a Materi mi$51&tcrneni irt the finAtKiai stat¢rncnis the[V¢ If. tqsed on thc work we ve puf(xmai concl¢wJ¢ that there is a mariai MIlaternI ol.this other information, are rrquired 10 w that fxL We have nothir4 lo r¢piY¢ in thi5 re Matters ott whlch we rtqulr¢d io report by eKeptloo We have nlg to re[ in res1 of the follo*irtg m¥ltcts where Charities (ALxounts Mnd Rerts1 R¥guJ8tions J)08 requires Lo report to you if. in ow opinion.. the infom110 givcn in the RcrAJrt of the Tn¢3 15 IN)]er4 in any rna¥1 rewi with the finpncial 314tements.' or sutricient x¢ouming recrKds havc TK)t been kw" or . we rttaved all tr Infomtion w)l•D10rn rewire for our alIL Pagcil
OF
Resp•wthilitiu oftrv¥ttts
As explain more fidly in the Statern of Re7)]114 ts trttt are re4XML4bk for the trAI110n of
the fiTwicial ststetnents Nvhi¢ gtve a true hir vicw. aDd swh as the trw¢5 dewThine is
(rerror.
In preporin8 thc ftnan¢id mlettlS the tru&¢¢s ate for aw- qiD8thc chtiTitys 8blity to cortinue as a going
conc¢ry dix10si as appli(¥ble. matters lated to goi cowrn and USI thc going basis of acc(Kmling
unless the tr11 eitller iNeNI liquid to ¢e£se LVCrntton& Or no rtdistic atternati I1 to
Our responslbllltltt for th¢ llditof th¢ fnelal
We have be¢n #p)1nttd &8 aw]iior5 w]der 10 144 of th¢ LrItieS AL* 2011 1 iti rda with Art
material mi&8tst¢mffit, whedr due f1 or aTKI to i&yx a Rqmxt of the IrKlew)tht Auditors thAt includes our
epinioTL Renab is a high kvel Is &n a11 conducted in rdance
iih ISA& {UK) will atways a mvial mity81¢0Trt wkn li exiA& Mis4gmerts can wise from frnud w error
and are Ci)Th8ider¢d mbtcrlal ic it>JIvithfy or in the TblY t¢ exp&xed to hu¢nC the
economic decisions of us¢rs basis ofthae fYnla[ statem
B1 on our unikrMttdin¥ of Cotnpw induw, ide4llified the rlJ of noTrcomplj¢* with
laws and rew1105 related indw. at)d wt the ¢xtart to Nthich Th>rt ¢omplwe migh( have a
m¥terial effect on the tst¢mert& We alw c
PEN Drr UM ofour report This wort is [elY to thc 4 bLkly, in *corthn¢e with Part 4 of tr¢ C]wities (A¢¢(ts and Reports) Regulations 2(K>8. (hw tudit h&% bEen LMdLYtak s) th&t might s¢th to the charitys tnLStees llse law. we r¢quired #ate to them in an auditorf rew)rt a[ for Th) other PUTrrf)sc. To the fidle5t ext1 peTmittcd by accept or assurn¢ YeswLsibility 10 aly0 (xher than the dwity charli5 tnL4¢es a body. for rau Wo., for this or for the ry)ini0rn4 have forme4L Chart¢re¥kAccoun 1 & 2 Mercia V. (Cl lUsin Park t Mtdlat CV4 8HX Pw13
TEMEr 2025 INCOME AND ENDOWMENTS FROM *ritsble Aetfvid Provisiixt of alm 24J44 (Xher trading activiti¢s Invethent inwme Other inc4)me 171 J55 120,336 1.918 171,555 120J36 1,918 180.796 119274 10@893 Total 293.8( 293.8 435.307 XPFNDrruRE ON Raising fijt 57216 57216 X077 Cran¢s madL to in5titrJtiOT (irgnts made individuDIs Prowsion or01tnsmjje6 48.081 7.405 (121,(KH) 48,081 7.405 (94,212) 1&025 497 159.971 I8 51 10&851 140,¢A)I Totsl ICl1498 4843 127J41 364.571 Nct ¥&in{loSI¢s} on invc3lments 859.458 1175J18) 684.140 469.869 NET INCOMEJ{LXPENDrruRL) 1.051769 (26.843) (175J18) 850.608 S40.(3 Gains on r¢v4iua¢ion of fixed 77&1 778.1KX) I J30.769 (26.8431 (175J18) 1.628,&)8 540.fA)5 RECONCIUATION OF FUNDS Towl fijnds for¥vard 6J35.153 3.811.745 10.449,185 TOTAL FUNDS CARIURD FORWARD &365,922 ?5.444 3.636.427 12,Q77,793 10,449,185 Pa8e 14
2025 2024 FIXED ASSETS TaDgible aswj 1541.443 1541,443 1,465238 Investmerts io I J96.3Y2 4J14.915 3ffj3&427 5,032.819 4,314.915 4.9993 3.4315x15 &252.750 3.63&427 11.889.1 9,897.966 CURRE ETs 12 35,(V)I 107J22 35.091 182.766 C&5h in hand 45.190 517,776 75.444 142.413 75.444 217,857 561966 Amounts fallin8 kn wlthino 13 (29241) (29241) (11.747) NET CURRASSE7s 113,172 75,444 188,616 551219 TOTAL A&srfs L CURRENT LIABILITIFS &365,Y22 75,444 3.636.427 II077,793 10.449,185 NET ASSETS &365922 75,444 3.63&427 11077,793 10,449,185 FUNDS 14 8.365,922 75.444 3.636.427 6,533.15J 101287 .7.811,745 Endowmeni fiuMIs TOTAL VUND3 12,077.793 10.449,183 ¥J wTr¢ on its beljolfby: A Yatcs. TnLSt¢¢ B cort1- 1nL*¢ Page 15
STATE ACCOUNTINC POUCILS Be&swell Chgritses is a Chttritablc {kRantlon. In thc of charity ]llg wound . the liabilty re5pccI of the Buarwrtce Itmi1gJ io £1 memtr of the clwity. The address of the rcgi5tu office is wven in thc charity infr10 OD pa8e 3 of thex Gr11 Sthteft Tr nobxe of the site fora schcrt)L the neaft5t £. The Silfall1 pe0utitl p)licies arolitsa in prcpaTion of thtst fin8n¢ial stattmenrj sre ser below. Thcse poli¢iu have Lxen coLsi¢tbily applied to atl yS pr&ed uftles5 othcmy stste41 The chvity t4)1111&s • pJbll¢ bernfft entity as defi1 by FRS 102. Tr finaneitl statwemts Iwve be prepared in acr4)rthrK¢ with Ac0)lID8 aThl Rw1ing by Choritie& SMawn¢M RecoMnwJ Practi 4pplic4ble io chaTiii¢s prewin8 their rn aCcOrth with the Financifjj R¢p¢Nting Stsndllrd aN)li¢4ble Èti the UK atml Republic of Jrelond in 2019. ts Fina11 Reporting Standard appliceble in the United Kingdom 8tMI Rewbli¢ of IrelAThl IFRS 102}. the Chari¢ie5 Act 201 l. UK GeerlY Acceoyd All itming rep4)wcey ar¢ incl in th¢ St¢M¢M of FinwKiAI A¢iiviti¢5 (&>FA) th¢ ¢harity 15 Ity cntitled to th Ime after any perfornw cuhditl¢xL8 hwe bE¢n the artkn) be meLwrfyJ reliably Ind il is PTobable that the inconK will be Tec¢ived. F( thkntiorts to be rrfwid thB WUI bffn rfied of tr thnourts the ycttlcment d4t¢ in rltsng. If there aye ¢ortditions awhed to tht d(MWion this wulres a l¢vel of IOrnin before etxitl¢mefft can b¢ oiained then irKom¢ is dCfrff wrtil wnditi0Th8 Are fully met OT the fidfiJrn¢nt of ¢£11tIOrL8 15 within the conlrol of the dthrily li is wobAble thatttKy wll be fiJ]fille4L charity is ertitled tr the rnonit& Inv&ttl inwm¢ Li eand tlr(w8h htsldin8 for purp)ses as sPAre& It itKludes didd5 and inieresL Wherc li is Th)t rrnicable idemify ir[vestme4 cm¥ incyrr&l within o xhcme with rcwnoble a¢¢my th¢ invesbnent incr¢ is re[rted of the CO It is IMIled kn the arrKI1 b¢ mc4sured rellably. IntcrtA iMmi¢ is twjixd w8ing tht effx1l intert# rndhC and dlvSdend and rcnt InWt is reco8nisAI as ¢harityJ ri8th ty etiv¢ wrn&it is eabli3he Expevditure All ewndriure is xcounted for wuaLs basls been wylet all ¢ost5 relat¢d lo thc caWMy. ExFtnditurc is rffotsd whcre thue is a le8¥1 or ¢OThthdive obligaiton to mth PQ)WLenL8 to third pBrti¢4 1¢ is pn)babk the $dcMeth will te required 8nd the of th¢ obliwion L4n be Ttllably. It Is the followin8 headiD85'. . COA3 of r4isiJJg inchth¥ rc]thiti8 to Jar*J I1 inve5knem prtyotiK frorn wttich the charity d1Ve3 ]rome. zronts payable lo IndividlS a1 a1 Pw16
Exptmdl¢uré Supp)rt aTe t1¢ w(xk of the dwity but do not dITY repr¢t charirabl¢ athiviiies and in¢lude office governarKe admituwative roll wst& They incurr&J direthly ID support of owertdiDJre on th¢ objects ofthe dwity. Wlmy suprrt ccas (anw diredlv tributcd to particular headings a¢01 4s soon &8 the r¢cipicrrt LS of the thi5 8ive5 rise w a renable exlatIOn th thc recipicnt will receive 8r& whe are condIti(Ml rel]8 to pron[w< then the 8ran¢ ig atcrugj whon Y unfvlfilled ldItionS are Outside of & ciinrml ofthe tharity T4lbk fixed uets Tangiblc tixed &88¢ts ar¢ wed at C05t (lx ¢ktsDgJ cl) or VoltiOn &[81¢4 deJaIon aThl matrd ÈrnTAinn¢ni costs •tirItbIc to Maki th¢ •¢ of tkwrfmtion 13 wovkl¢4 on ible fixed &%s# at rales write off the eAlmthl ld value. orCh et &sy8tuwic bAwov¢r its eXrt¢d lif¢ as tollow' . Fixtur¢5 fittin85 25% on cost FreelK)Id pYopty. being the alrnshouthat wides to In ne•1 previou deNt¢tote4 At 2% per annum based on the valw of the buitdin Thcse prorKni¢s fEvalua M 31A March 2025 a] the rtli¢y will rthv b¢ oneof revah4uo Jnv4tmellt prop¢rty Investmeni PTvpcrty is SIK) llt rn(K5t Any wegat¢ swp1 or ¢kficii ¥iSRn8 from chwpw in fair r¢cwised In Statarnrt of A(vltie The Charfty Ih)tds iittc to the LhuTrh of FJwIaNI S¢knl It B¢rkJwtll. This w&8 apwopTtatrAI by the Ioc4J athrity the FAIu¢4ti(¥t Act 1947 aTMI lo¢aJ #thity uses it king ]>tiid w rhe Charity. 'th¢ prop¢Yty vglu¢d in 2019 W ahlK)u8h tt¢ Chty title to the FtY the Locat 8uth)rity h&$ petsjaj usc of th¢ proF¢rty unlil Um¢ u the sclwl might clos& The Trwees belicv¢ thcn is little likeliho¢M4 of thc ¢Josing in the fomeethle fijbjre aTrJ the is UxTefore ¢xtremcly wilikety to bc F8bl¢ of reall1thL ITh the Tntye¢J Lm)Mi( li aFortyri w kwI93¢¢ thi$ Ind have inclwied ts s¢1141 4 Val or£i. ¢lwity is exempl fri on its thri1¢ 1vIlle IlnrcstriLW fut¥Js tre 2vailAble the di3¢r¢tv)n of th¢ tr¢¢$ in of the ¥YnernJ obj1ve3 of th¢ charity Wld whi¢h have ncrt be dl8aj ftr othupury Restrided fuTrJs wthÉch are to with w4fio reAridions Ith by or which have b¢¢n rniscd by the cbarity lTr 5t of r4isin8 atMI ¥trntnithrRn8 such fiuKi3 are wific The aim aTrJ use of fi is t out in th¢ notes to th¢ fitWKi81 stat¢m¢nr& fijnds revelt Se assets whith mu& b¢ kld by the Crity. princip4tly invcstmenL% Jncom¢ ¥isin8 the cl0Me fi4¥Js be wcd in accotdoJK¢ with th¢ objeLts of the charity aTrJ is included as unre&rict irfome. Any capitsl Rains or lows klD8 on the investrner¢s form Pag¢ 17
r4oTES TO THE FINANCIAL STATKMENfs. eotttiD•ed FOR THE YLiR ENDED 31 MARCH 2025 AccouKfiNC POLICILS- c(•tlDmtd FUrthCrexplai0n of the ofwh is iNluded in the reS thc finla1 aaterrKn P¢n8lDn eosts &Dd oth¢rwrfttdrtment btt¢fft5 ThL charity opeMe5 a defIN ¥ontribution rth4ion contriblOr y&b to the (knit5 f£Dsffton selte are clwgal to the Sthtcmem of Fllwial Adiviit¢g in the wi(xl to 1¢h they rclatr. GOI eollctrn The stst•nents have been prerArnl 80ing 1xmLlTr knis the kli¢v¢ that no rnatsriai Jcertainties exisL The ¢nwc¢8 hav¢ ¢oMidered th¢ Icvel of funds held aJNJ the exrKcted level of income atyl expendityre for 12 months Irom wthorising these 8wements. 'lthe bud8eie4d income and exper)diture 1$ suffi¢iem with the level of ]rstryC5 f¢x the to be Able to con11r goin8 concern. OTHER TRADINC ACTIVrnF 2U25 2024 Fm atMI ]aThl Cotta8e rents SurNJry rights atxl wayleabr 9.892 49.987 9.577 69,254 162 95,209 6.594 103,351 8.159 AlrDshuub¢ Lommuna] fvel Contrib1[ 171,555 180.796 lNVLSTmE INCOM 2025 2024 thher fLxd inv- UnFII I)¢posii acco1 inlLYCS1 Charity deposii fvnd in¢cw 116.119 14,436 15 4.%23 4,212 12nJ36 119274 RAISING Fiif4DS 2025 2024 57,216 40,077 P4e 18 continu&t..
AUDITORS, REMUNKRATION 2025 2024 Fees payeble to th¢ cknaritys OlItOrS foralI1 of the finaJaI 8.760 IIiUSTELS' REMUNERATION AND BEI¥EFITS COMPARAThLS FOR THE ATEMENT OF FINAP4CIAL AcfiviTIES Ilnro4ricta RaKt¢d t4Mlowrnrnt INCOME AND ENDOWME FROM Donations arml lewies Chrlts1 •e¢lvlde8 Provision of alm 15.344 24.344 180.V¥) 119274 IW893 180,796 119,274 1(6.893 Inves¢mcnt incun¢ Tolal 419.963 15J44 435J07 EXPENDITURE OJ¥ 40.077 4(b.077 Grants mod¢ to ITtIlu1]l Cffattis mhth to i1K1ividls Ptovi&on of 9,369 4.591 131542 8.656 18,025 6.497 139.971 23,429 131,644 &337 I40.(1 T•tsl 364.571 115.923 3S3.946 469.869 NET INCOMFJ(LKPENDfTURE} 213,663 (27.(YM) 353.946 540,605 RECONCILIATION OF FUNIK8 brought fmvaTd 321,490 129291 3,457.7YJ 9.9)8,580 TOTAL FUNDS CARRIED FORWARD 6.535.153 IOU87 3.811.745 10,449.185 P¥19
EMEfw6- eont" ARCH 20 THE YEAR SOCIAL HOUSING The ¢harity ts regi5tcrc41 tffovidu(Jf g)ciai hOJ The &xounts include the following &1[m relotin8th th¢ provision of wig1 ] W¢ekJy m&Inten Contrib10$ receivable CommLmal fuel contributioJLs lable Grants e]abIt Ir¢ciyisd &8 rev¥w} )cid housin8 a¢iivily expcnditwe Operating 5urplusl(deficiÈ) from s181 Iing actrvitieg £103,351 8,159 £1,714 (£81,204) The number of unit5 of 5wia] lKXLq1 •yJ rnanw by the ¢Fwity at the bEnDing td eJMI of the y¢ follows'.- Abnshou5e KCOnLMdtI0o provided es of l# Apri12024 Aknshow ¥wnmcthtion pnwidcd of31st March 202S 14 14 TANGIBLE FIXED A&SE75 Fixbjres Freehvld rittings Totals COST OR VALUATION At l April 224 AdditioM$ I.761() 1.760 1.739 1,763.760 1.739 77&(KKI 77&(XMI At 31 M4rth 2025 2,540,((M) 3.499 2,543.499 DgPRECIAIION Al l April 2024 Char¥¢. lor y¢or 297.120 (297,120) 1,382 674 298,502 1296.4461 At 31 MarGh 2025 2,056 2.056 NET BOOK VALUE Ai 31 March 2025 1540.(KKI 1.443 2.541,443 AI JI MArch 2024 1.464.880 378 1.465.238 Cost or vglu¥ion 31 March 2025 1$ rtPf¢5en*d by.. FÈxturex FreeF#)Id Totals VaJu8tion in 2025 Cost 778,IMXI 1.762,1 778,0 1.765,499 3,499 Is40,(1 3,49J 2,543.499
io. Unirmed inv¢stsnents I¥L4RKET VALUE At l April 2024 AdditicLs Dis# 321,886 (91.IMJO) (197,870) At 31 2025 5.032,819 NET K)OK VALUE Al 31 Marth 2025 5.032.819 At 31 March 2024 4999.803 Cost OrV¥t1oft * 31 mCh 2025 is r4x£ed by: utsd VutIon in 2022 V8lu&ion in 2023 VAlu10n in 224 Vaiuatton in 2025 Cos¢ (161.789) (201,634) 477,733 1197.870) 5.116,379 5.032,819 Fixcd et [nvCthnts £7s¢ wtirs h¢td ID th¢ Chariiies Official Inv¢*m¢TA Fund. As¥ets held the ¢trthtitics' Vario fimd& AI. INVESThIENT PROPERTY FAIR VALUE Al l April 2024 Rev10Th 3,432,905 882.010 At 31 Mar¢h 2025 4,314,915 NET B(X)KVALUE At 31 2025 4.314.915 At 31 March 21)24 3.432,15 Page 21
I1¥vLMENT PROPERTY. tontkn•d Fair valut 31 Ma 1125 is repesthtal by.. Vvall0n in 2023 Vah]ation in 2024 Vaii>8tion in 2025 Cosi 711.499 95250 882.010 2.626,156 £314.915 Swv¢ywJ ott 10th 2025. 12. DEWMILS: Amou FALLINC DUE wmiiN ONE YEAR 2024 Trad¢ ii.btsx Othtrdebtors 31.597 30,863 10.844 3.483 35,}] 45,190 13. CREDITORS: AMOUNIS FALLING DUE wmiiN ONE YEAR 2025 2024 Tr&1¢ ereditors cyrditLYS 3,548 25.693 407 11.340 29241 11.747 P4¢ 22
MOVEMENT IN FtJNIKS Nd At 1.424 in rd5 31.3.25 5.598,382 119.995 1.958212 (864) (318.320) (35.(th) 723V74 84,131 Almsh¢ ernergw r¢pfrr eyelic41 91.074 {744) (ific) 74,330 94,746 630.956 (I.OB2) (124.753) 93,664 875,523 AittWiuuse Project Fund 369.J20 535.153 1,8311769 BJ65.922 Restrlct¢d f••dJ HS2 Fd Rc4¢h FuThJ 86.943 15,344 {11.4YJ) (15.344} 75,444 IW87 12&843) 75,444 l. Church aTrJ Pr Etoowlleni Fur¥J 3.811.745 (175J18) 3,631427 TOTAL FUNDS 10.449,185 1.628,d18 12.077.793 Ir*ornin8 Resource8 GaitLq and Movemeni ltssJcs in fvnds Unn•trltted (ierxrui FUNJ SchLW)l Extra(KdirAry R¢Ir Fund AlnLshous¢ emern rcpairwHI wlk 17,370 1,647,033 (w} 1.958.212 {864) (744) (744) (1.082) (6,885) A]mshLe Projecl l.'uTrJ (1.082) {124.753) {117.868) (l(Y).498) 1.637.458 1,830.769 HS2 Fwwj Rch Fur 111.4wi (1SJ44) (11,499) (15.344) (26,843) EodowmeDt Schfy)I, ChuT¢h 1 Pow Etxlowment Fut (26,843) (175J18) (175.3181 293.8(} {127J41) 1,462.140 1,628,608 ¢IKllinU...
•Jy 14. Net Ai 1.4.17 31.3.24 FYMI Scth)ol ExtraordirAry Rcpr Fwd Almshou5¢ eMe¢ThEY ryir ath4 cy¢liai maintena¢ fiu)d Redential comm¢rcia] pY(wtie extraordinary rerAir filt Aitwhouse Prnjert Fth S.7746 IW691 156.316 I IJ04 (334.180) 5.598J82 119.9 80,718 10296 91.074 84,035 271.740 10.711 25.036 94.746 630,956 334.180 21.4 213.663 6J35,153 HS2 Fund War Memoriaj ReXor¥tion Fw¥J Rrnch Fund IXl.635 &656 (33.692) {&656) 15.344 86,943 15.344 129291 {27.() 102,287 E#doiD¢4t S¢knL Llhwch P(Kr L4rAIs Eent Futyj 3.457.799 353,946 3.811.745 TOTAL FUNDS 9,91)8.580 s4605 10.449,185 Paz¢ 24
AL I& MOVEMENT IN FUNtKS- e•ntiDued Compamive net tnovcrncnt in fiMJd% in the alx)ve ar¢ as foll Jnroming (knins Moi'emcnt I(¢S Uartstrktsd fyenernj I'und Scknl Extraordiw Repair Fw AtLo eMe[Y rEpdir and cyclical maintcnance fiuMI Residential and Comm¢]] proJxrtk&% extraordin8ry rewr fu A]rn8hiy Projea Fund 410,963 1273,958) 156.316 11,304 I I J04 10296 10296 10.711 25.036 (48.26SI 64.301 419, 1322.223) 115.923 213,663 HS2 Fund War MLYnvria] Rethris)n FurJ Reach Fund (33.692) {8,656) {33.092) (8.656) 15,344 15J44 ISJ44 (413481 127,IMJ4) S¢h(KJl. C.'hurch and Poor L4tMts 353.946 353,946 TOTAL FUNDS 435,307 {364.5711 469,869 540,605 TrIrerS be¢w¢en TrwL51¢r¥ to the Almshouse Proied Fwwj pIc fiumls trareI the General Furtd iwy invesuttents PAY expcrw rel•tirbg ty the AIMS Proj¢¢L 15. REIATED PARTY DISCIAKSURES 11) wue w relad pany tsar10Th9 forth¢ y¢or¢tthl 31 March 2025. I& RRICTED FUNDS 'lTh¢ d)arity hwl rwia¢d itithe yewr. HS2 Fd £rKI the Reach F¢ts¥J. The HS2 fid was cre&¢d to aLx01 fcff the filding reccived from the IIS2 cOMrY to providc respite Lo r¢sidenL8 aTxI to the clwity¥ proputies have trcn affeLtrd by the buildittg olthe H82 lir which p&w very cl¢ the almslK>Ut¢ Ffopffiies. The iieach Fwj ¥Yose in the previ(w yew as a fE5uIt of a gmt from A¢9 - the Fourmtstion for Social Invethwtl. Thc gr¥th made lo tr dwity covtr c% r¢l*ing to pro) io build new ahnthusu. 'Ihc remaini balance on this fimd w&$ in f1 in this xcountin8 year.
ENT CIAL A 2025 2W INCOME AND ENDOWMRP Do#tlons DDnations Fann and land Cotrfjge rents Sunthy rights gThJ wTyle4ve 9.892 49.987 166 103.351 8,159 9,577 69254 162 95209 6,594 Almshouse commull fixl C(KributIOnS 171 J55 180.7 InvestXXDt IncomE (Aher fix inv- UnFII Ikposit &couTht intArst Char¢¢y deiKSit ful irt¢T¢a¢ Il&119 114.436 15 4.¥23 4212 120J36 119.274 24J44 1.918 106,893 To¢•1 In¢0m1 reJoDrt 293,809 435J07 LXPENDTTURE lJveJtni¢Dt wawernent toits 57.216 40,077 C'h•t•ble ¢dwltks Almshous¢ r4t¢s and **er AlmshSe insuranc¢ Almqhou% h¢a¢ ond lithL 4,210 2,907 5,729 61,754 68 48.265 45.737 83 133212 AimJh)uyc TV li¢aKes Almshou3e proje¢¢ tix Pathral ¢8re s¢Nices Dcpreciation of tsn8rbk t]xe41 ass¢ts GTBnts to iT&ilutio GraThs w indivkdugjs (297.IXJ) 48,081 13,075 24.760 18.025 18J17 (41246) 183J53 Dcpreciation of thn8ibie fix4>J a8S¢ts C&Tricd for4 674 674 240 240 P4¢ 26
i¥ ATE 2025 2024 Olb¢r Brought fonry¥d Exttptson items 674 244 240 918 240 Support rMtI FIDAmc¢ 118nk ¢har8es 507 421 Imformath)n tsel#oloy sdry expertses 4.456 7,726 Gov•¢¢ eos Wa8CS Socid 5ccurity Pen¥ions AudiLors' r¢mUnerl0n InsurHnce Postage and siatiOT fees Oth¢r l¢gd profEs8lonal fx 53.752 362 4.113 7.962 42 610 4.338 34Jll 46.380 3,267 8.760 1,175 503 4.140 68,S29 105,49) 132,754 Tot1 resourc¢5 eX[d 127,341 364.571 Net In¢Dn Ixfort Kltns •nd los¥ 166.468 7Q,736 R¢19¢d gait(l() on inva5tm¢m wo 1103,1141 l%•t IDcoJllel(expÈBdltyre) 166,468 (32.378)