Charlty number.. 1196080
ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
CONTENTS
Page
Reference and admlnl$tratlve detalls of th• Charftabl• Incorporated Oryanlsatlon. its
Trustees and advisers
Trustaes. report
Indapondent audltorfs r¢port on the financial ststomonts
Statem•nt of flnanclal activities
Balan¢0 sh•at
10
stst•mont of cash flow$
Notes to the flnanclal statsments
12-26

ALMSHOUSE CHARITY OF ARTHUR WINSLEY ANO OTHERS
REFERENCE AND ADMINISTRATIVE DETALS OF THE CHARITABLE INCORPORATED ORGANISATION,
ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 OCTOBER 2024
Trustees
Paul Coleman
David Hart
Simon Pinion
Andrew Vvaters
Irene Kettle
Amanda W8Stbrook
Philip George Iretlred 24 January 20241
Timothy Field (appointed 24 January 20241
Charlty rogl$t•red
number
1196080
Prlnclpal offlce
22 Winsley Squar8
Old Heath Road
Colchesler
Essex
C012AU
Chadty Emloyees
Mrs Sareena Cobden, Clerk to the Charty and General Manager
Mr Martin Rayxer, Maintenance Assistsnt
Independent auditor
Griffin Chapman
Chartered Accountsnts
4&5 The Cedars Apex 12
Old Ipswich Road
Colchesler
Essex
C07 7QR
Bankers
Barclays Bank plc
9 High Street
Colchesler
Essex
C01 1DD
Sollcltor
Birkett Long LLP
1 Amphora Place
Sheepen Road
Colchesler
Essex
Page 1

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 OCTOBER 2024
Introduction and Tru$t¢es rosponslblllties
The Trustees present their annual report lo accompany the audited financial slalemenls of the Charitable
Incorporated Organisalion ICIOI for the year ending 31st October 2024. The prior period is the 11 months to
31st October 2023. The Trustees have adople¢J the provisions of the Staternenl of Recornmended Practice
ISORPI "Accounting and Reporting by Charlties. IFRS1021 in preparing the annual report and financial
statements of the Charity. The financial statements have been prepared in accordan￿ with the accounting
policies sel out in notes lo the Accounts and comply with the Charitys governing document and the Charities Act
2011.
Law applicable lo charities in England and Wales requires Trustees lo prepare financial stat8m8nts aach
financial year ensuring that th8se give a true and fair view of the chariws financial activities during the year and
ts financial posi￿0￿ at the end of the yeaT. In Preparing those financial statements, Trustees must..
Select suitable accounting pollcles and apply them consistently.,
Make judgernenls and estimates that are reasonable and prudent.,
Stale whether applicable accounting standards and statements of recommended practice have been
followed and subject lo any departur85 disclosed and explained in the financial statements and
Prepare the financial slalemenls on a going ¢oncern basis unless it is inappropriate lo presume that the
Charity will continue in business.
The Trustees are responsib5e for keeping accounting records which disclose with rèasonable accuracy the
financial position of th8 charity and enable them to ensure that the ffnancial statements comply with th8 Charities
Act 2011. Trustees are responsible for safeguarding the assets of the CIO and taking reasonable steps to
detect and prevent fraud or theft.
Gov•rnan¢• and managomont
Arthur Winsley left mud) of his propety to the Charty in his Will Idaled the 28th March 17261. Twelve
almshouses and the Chapel were erect8d and since then other benefactors have left money to the Charity and
further houses built. In following the terms of tha Will, an annual s8rvic8 takes place to which residents are
invited and this is followed by the Annual General Mgeling.
Today, the Charity Commission provides that the body of Trustees shall consist of s8V8n compètgnt P8rsons
residing or carrying on business in or near the borough of Colchesler. As Trustees retire, new Trusl&8s ar
approached and appointed lo ensure a mix of skills and expertise. The position of Acting Trustee, who chairs
th8 maètings. rotstès annually. The Trustees meet at least four limes a year lo discharg8 their responsibilities.
The risks associated with the running of the CIO- its financial health and safety factors - are reviewed regularly
together with ensuring that the organisation operates in a manner which is fair and transparent in accordance
with ils govtsming rules.
The Trustees are responsible for the govemance of the organisation and day to day management is devolved to
the General Manager who provides the first point of conts¢t for residents. Trustees are grateful to thè General
Manager for her commitment to the organisalion,. she strive5 to meet the needs of current residents and thoso
who may choose to live there in the future. The General Manager and the Trustees are committed lo ensuring
that the Charity is open and transparent and that il seeks feedback on a regular basis. Two residents, meetings
are held during the year giving residents the collective OPPDrtunity for direct contact with the Trustees. These
meetings are well attended and fom part of our ovèrall strategy to consult with the people who live al the Charity.
In addition lo this, a survey of residents views was undertakan in 2024 which had a response rate of 78°h and
which demonslraled a high level of satisfaGlion 198QA of residents responded that they were satisfied with the
service provided by the Charity and 900A felt that th$y wer8 kept informèd about things that might affect them as
a residenll.
Publlc banofit
Trustees are satisfied that the work of the CIO and its policies and procedures accord with ils staled objectives
Page 2

ALMSHOUSE CIIARITY OF ARTHUR WINSLEY AND OTHERS
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 OCTOBER 2024
and provides tangible public benefits. The criteria used to asses those who may bèn8fit arè not unreasonably
restrictive and the admissions poli¢y was ravi8w￿ during 2C124. Most potential residents apply through
Colchester City Councils klome Choice scheme and this partnership ensures that new resldents are appointed in
accordance with the terms of the original Will.
Purposè and a¢tlvltlo$
The objective of the CIO is lo provid8 appropriate, convenient and comfortablo accommodation for older people
over 65 in need of housing. The properties are of varwng ages and the Trustees aim to maintain these lo a high
standard making improvements where practical and affordable. Some of the properties provide limfted
opportunities for modemisalion bLrt the alm of any altarations is always to provide a 'home for life, able to adapt
lo changes in the individuals health and mobillty. A community call alarm system is fitted in all tha properties.
Financial revlèw - Holdlng of Inv•stsn•nts
The CIO holds reserves so th8t il can maintsin s8Nices to its residents during periods of economic uncertainty.
It also maintains a contlngen¢y reseryè against major unforeseen expenditure and to meet any reasonable
increase in demand as the population ages. The Trustees invest these reserves with th8 aim of, at least,
maintaining their value in real terms. The investment products used need to provide flexibility so that th8 funds
can be wlthdrawn for expenditure on properties as and when required.
The planned infr8slructur8 reserves and the redevelopment reserve are available for investment. The Trustees
adopt a cautious profile in respect of investment risk and choose lo invest in well-managed funds including
specialist charity investment funds. The performance of all the Charills investments improved during 2024. The
Trustees have not placed any particular ethical r8Strictions on the fun managers.
Reservès
Unrestricted funds ar8 needed to..
Provide funds which can be designated for specific projects to enable these lo be undertaken at short
notice if necessary.
Cover costs of running the CIO in the short tertn if there is an inlerruption in funding to cover
administration and supports costs.
Provide funds to meet the Trustees airns lo malnlain the almshouse properties to a hlgh standard. making
improvements to modgrnise the accommodation where practi¢abl8 and affordable to meet incr8ases in
dernand as the population ag8S.
Trustees consider it prudent to hold a gen8ral reserve fund to..
Avoid the necessity of realising fixed asset investments held for the CIOS use.
Cover nine months of the general charitable expenditure, which is expected to be £223,373.
The fund balance at thè period 8nd was £228,238.
The r8serve has been calulated based on budgeted 9 months unavoidablg 8xpendilure.
Planned infrastructure funds afe needed lo..
Provide funds whlch can be designated for the upkagp of the estate and propertiès to the high standard
set out in the Aims of thè CIO.
Enable infrastructure projects to be undertaken al short notice lo keep property voids to 8 minimLJm.
The fund requirernenl is based on the planned property rnaint&nanc8 r8POrt and the amount held al the
end of the period was £1,903.010. Thè report includes an analysis of required expenditure expected over
10 year peri(xl.
Page 3

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
TRUSTEES. REPORT (CONTINUED}
FOR THE YEAR ENDED 31 OCTOBER 2024
Redevelopment reserve funds are needed lo-
Ensure sufficient assets are set aside lo provide the necessary funding lo allow the redevelopment of the
Rose Garden to provide homes for lrfe and to increase the number of properties available to meet growing
demand.
Minimise any external funding or grant requirements.
Fund requlremenl Is based on the estimated build costs for the planned redevelopment and has been built
UP Over a number of years. It is anlicpated that £100,000 will be incurred next year. wfth the balance in
year 2 save for the expected 2.5% relenlion.
The current estlmated Irevisedl build cost is £2,454,200 which is the balan￿ on the reserve at the year
end.
Property reserve funds are needed lo".
Maintain sufficient reserves that are not readily r8alls8ble wthout disposal of propety assets held by the
cio.
The reserve is represented by tangible propety fixed assets held by the CIO.
Al the period end the fund balance was £1,928,067.
2024 and plan$ for the futur•
Following Philip Georye's retirement at the end of 2023, Tim Field was appointed lo join thg exists'ng body of
Trusle8S, thus maintaining the seven board members specified in the original Will.
Whilst planning consent was granted in 2023 for the demolition of the Rose Garden dw811ings, dalays ¢austrd by
the planning process, significantly increased costs, changes in legislation related to the proposed heating system
and excessive conditions 1341 influenced the Trustees decision to abandon the original project and look at a
more modest development. This wll allow th? CIO to balancé the need for additional properties Wth money
required lo refurbish existing properties to meet the increased needs of resldenls. New architects have been
instructed and plans devised to renovate the èxisting Rose Garden properties adding a small nurnber of new
dwellings. Residents have been kept abreast of these changed proposals. The reduced planned expenditure on
this project leaves more money availablg to improve the existing housing stock.
Planned maintenance was delayed during 2023 to enable the Charty to subsidis8 th8 Costs of heating and
electricity as the incrgase experienced by many was having a significant impact on residents ablllty to manage
their own budgets. This decision was welcomed by existing residents.
A stock condition survey {planned Maintenan￿ report) commissioned in October 2024 will inform priorities for
the estate lo ensure that all the properties are kept in good condition. There is a Separate report commissioned
through Bronlide Consulting la speaalist building services consullancyl on the heating systems and their
efficiency. The report received in October 2024 identifies areas wf(hin the existing systems which require
attention or rernedial work. Voids from the 10 trmpty properties are accounted for in the Accounts bul not
included in the annual budget which is ably managed by the Clerk lo the Charity and r8gularfy rèported lo the
Trustees at thair mgetings.
Several of the organisations policies and procedures were updated during 2024 and, where appropriate,
consijltation wf(h residents took place.
Approv8d by order of the members of the board of Trustees and signed on their bohaK by..
Amanda Westbrook
(Chair of Trustees)
Date.. 2?
|.Izs
Page 4

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ALMSHOUSE CHARITY OF ARTHUR
WINSLEY AND OTHERS
Oplnlon
We have audlled the financial slalemenls of ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
Ilhe 'chariVI for the year ended 31 October 2024 which comprise the Stalernent of financial aclivilies, the
Balance sheet. the Stslemenl of cash flows and the related notes, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Stsndards, including Financial Reporting Stsndard 102 The Financial Reporting Standard
applicablè in th8 UK and Republic of Ireland. (United Kingdom Generally Accepted Accounting Practi￿1.
The financial statements have been prepared in accordance with Accounting and Reporting by Charf(ies
preparing theii accounts in accordance with the Financial Reporting Standards applicable in tho UK and Republic
of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Statement of Re¢omm8nd8d
Practice issued on 1 Aprfl 2005 whid) is refgrr8d to in th& extant regulations but has been withdrawn.
This has been done In order for the accounts to provide a true and fair view in accordance wth the Generally
Accepted Accounting Practice effective for reporting pgriods b8ginning on or after 1 JanL¢ary 2015.
In our opinion the financial statements..
glve a true and fair view of the state of the charivs affairs as al 31 October 2024 and of its incoming
resources and application of resources for the year then ended.,
have been prop8rly prepar8d in accordance wth United Kingdom Generally Awpted Accounb'ng
Practice., and
have been pr8par8d in accordance with the requirements of the Charities Act 2011.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing {UK} {ISAs IUKII and applicable
law. Our responsibilities under those standards are furthar d8scribed in the Auditorfs responsibilities for the audr(
of the financial statements section of our report. We are indeptsndenl of the charity in accordance wf(h the ethical
requirements that are relevant to our aud(t of the financial slalemènts in the United Kingdom, including the
Financial Reporting CounciS's Ethical Standard, and we hav& fulfillèd our other ethical responsibilities in
ac¢x>rdance wfth th8s8 rèquirem&nts. We believe that the audit evldonce we have obtained is sufficient and
appropriate lo provide a basis for our opinion.
Conclusionts relatlng to golng ¢onc8m
In audf(ing the financial slalemenls, we hav8 concluded that the Trustees. use of the going concem basis of
accountsng in the preparation of the financial ststemenls is appropriate.
Based on the wort wa have performed, we have not identified any material uncertaint'es relating lo events or
conditions that. individually or collectively, may cast significant doubl on the charitys ability to continue as a going
concem for a period of at least ￿e1ve months frorn when the financial statèmènts are authorised for issue.
Our responsibilities and the responsibilities of the Trustees Wth respect lo going concem are described in the
relevant section5 of this report.
Page 5

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ALMSHOUSE CHARITY OF ARTHUR
IAIINSLEY AND OTHERS {CONTINUED}
Other Infomatlon
The other information comprises the infomation included in the Annual report other than the financlal stslements
and our Audilols report thereon. The Trustaes are responsible for the other information contsined within the
Annual rèport. Our opinion on the financial statements does not cover the other inforrnalion and, gx¢ept to the
exlenl othgrwise expSi¢itly stated in our report, we do not express any fomi of assurance conclusion Ihereon. Our
responsibility is to r88d tha oth8r information and, in doing so, consider whether the other information is
materially inconsistent wth the financial slalem8nts or our knowledge obtained in the course of the audit, or
otherwise appears to be materially misstated. If wé identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this givès risè to a material misstatement in the financial
statements themselves. If, based on the work we hav8 performed. we conclude that there is a material
misstatement of this other inforniation, we are required lo report that fact.
We have nothing to report in Ihls regard.
Matters on whlch we are required to rsport by •x¢èptlon
We have nothing lo report in respect of th8 following matters where the Charities (Accounts and Reports)
Regulations 2008 requires us to report to you rf, in our opinion..
the infomiation given in the Trustees. report is inconsistent in any material respect wllh the financ181
statements., or
sufficient accounting re¢ords have not been kept., or
the financial slalements are not in agreement with the accounting records and returns.. or
we have not received all the informats'on and explanations w8 rèquir8 for our audf(.
Responslbllltles of trustees
AS explained more fully in the Trustees, responslbllhies statement, the Truslo9s are rosponsible for tho
preparation of the financial statements which glve 8 true and falr view, and for such internal control as the
Trustees determine is necessary to enable the preparation of financial stsl8m8nls that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the thariws ability to continue
as a going concern, disclosing, as applicable, matters related lo going concern and using the going ¢on¢ern
basis of accounting unless the Trustees either intend to liquidate the charity or lo cease operations, or have no
realistic alternative but to do so.
Page 6

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ALMSHOUSE CHARITY OF ARTHUR
WINSLEY AND OTHERS ICONTINUEDI
Audltor's rtsponsibllltles for th• audlt of the financlal statomonts
We have been appointed as auditor under section 144 of the cha￿￿￿￿ Act 2011 and report in accordance with
the Act and relevant regulallons made or having &ffect ther8under.
Our objectives are to oblaln reasonable assuranc8 about whether the financial statemgnls as a whole ale free
frorn material misslalemenl, whether due to fraud or error, and lo issue an Auditols report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UKI will a￿VayS detect a matenal misslalement when it 8XlSts. Misslalements can arise
from fraud or error and are consid&r8d material if, individually or in the aggregate, they could reasonably be
expected to influence th8 economic declsions of users taken on the basls of these financial statements.
Irregularf(ies. induding fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, OLrtline(J above, to d8t8ct maltsrlal misstatements in respect of irregularities,
including fraud. The extent lo which our proceduras are capable of detecting irregularitses, including fraud is
detailed below..
The engagement partner ensured the engagement ts8m had the necessary skills and knowledge lo identify
non-compllance with applicable laws and regulations.
We obtained an understanding of the legal and regulatory framaworks that are applicable to the Charity and
for those that are most significant, we enquired into how management ensures compliance is maintsined.
We idgnlffied that the principal risks of non-compliance wlh laws and regulations related to the Charity. This
8ff8cts the abillty to continue operating as a Charlty.
Enquiry and review of the entitys transactlons was undertaken lo highlight any instances of penalties, fines or
legal activity which could suggest non-compliance with laws and regulats'ons. There was no contradictory
evidence found.
We also considered those laws and regulations that have a direct impact on th8 pr8paralion of the financial
statements including th8 Chartties SORP.
We evaluated management's incentives and opportunf(ies for fraudulent manipulation of the financial
statements {including th8 risk of overrlde of controls) and determined that th& principal risks were relal8d lo
the override of delegatsd authorities and the misappropriation of grant funding.
In response, we incorporated testing of procurement and expendrfture and any other entries at rtsk of falling
outside of delegated authorities.
Scrutiny of unusual transactions and analytical procedures wore used lo help Identify risk factors in moni8S
received and expended during the year.
11 is also stsled, as a reminder. that the primary responsibility for the prevention and dete¢lion of fraud rests
with both rnanagemènt and those charged with governance of the Trust.
As part of an audit in accordanc8 with ISAS IUKI, we exercise professional judgment and maintsin professional
scepticism throughout the audit. We also..
Idenlty and assess the risks of Tnalerial misslalement of the financial stslements, whether due lo fraud or
error, design and perform audit procedures responsive to those risks, and obtsin audit eviden￿ that is
sufficient and appropriate to provide a basis for our opinion. Th8 risk of not dètecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve
Pag8 7

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ALMSHOUSE CHARITY OF ARTHUR
WINSLEY AND OTHERS {CONTINUEDI
collusion, forgery, intentional omissions, misrepresentations, or the overrfde of intemal ¢ontrol.
Obtsin an understanding of internal control relevant lo the audit in order lo design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness
of the charitys internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and relal&d disclosur8s mad8 by the Trustees.
Conclud8 on the appropriateness of the Trustees, use of the going concern basis of accounting and,
based on the audit evidence obtained, whether a rnalerial uncertainty èxists related to events or conditions
that may cast significant doubt on the charitys ability lo continuè as a going concern. If we conclude that a
material uncertainty exists, wè are required to draw attention in rny Auditorfs report to the r8laled
disclosures in the financial slalements or, if such disclosurès ar@ inadequate, to modify our opinion. Our
conclusions are based on the audi( evidence obtsined up lo the date of my Audf(orfs report. However,
future events or conditions may cause the charity lo cease to continue as a going concern.
Evaluatè th& ovèrall presentation, structure and conlenl of the financial slalements, including the
disclosures, and whether the financial ststements represent the undgrfwng transactions and events in
manner that achieves fair presentslion.
We communicat8 Wlth those charged with govemance regarding, among other mattgrs, the planned scope and
timing of the audit and significant audit findings. including any significant deficiencies in internal control that we
identify during our audit.
Usa of our raport
This report is made solely lo the charitys trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been und8rtak8n so that we might stste lo the
charitys trustees those matters we are required lo slate lo them in an Auditorfs report and for no other purpose.
To the fullest extent permitted by law, we do not accept or as5urlle re5ponsibilhy lo anyone other than the charity
and ils trustees, as a body. for our audit work, for this report, or for the opinions we have fom)ed.
Danlel Aldworth FCCA FMAAT (Sanlor Statutory Audltorl
for and on behalf of Griffin Chapman
Chartered Accountants
Statutory Auditor
4&5 The Cedars Apex 12
Old Ipswich Road
Col¢hgslgr
Ess8X
C07 7QR
Date..
28
2025
Griffin Chapman are ellglble lo act as audllors In tem)s of se¢llon 1212 of the Companies Act 2006.
Page 8

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 OCTOBER 2024
Total
funds
11 months
ended
31 October
2023
Restrl¢tad Unrestrlct•d
funds
funds
year ended
ygar onded
31 Octobor
31 October
2024
2024
Total
funds
year ended
31 October
2024
Note
Incom8 from..
Charitsble activities
Investments
539.450
13.401
539.450
13.401
473,000
2. 723
Total Incom•
552.851
552,851
475, T23
Expondlture on-
Ch8rllable activities
127.851
509.612
637,463
359. 147
Total èxpenditure
127,851
509,612
637,463
359, 147
N•t lexpendlturellincome bèfor¢ not
gainslllossesl on Inv•stments
Net gainslllossesl on investments
(127.8511
43.239
457.467
184,6121
457.467
116,578
(99,414)
Net lexpendlturoyln¢ome
Transfers be￿een funds (transfer from
preceding charity)
1127.8511
500.706
372.855
17,162
16
11.484
111.4841
6,123,498
Net movement in funds
16
1116,367)
489.222
372,855
6, 140,660
R•conciliatlon of funds:
Total funds brought forward
Net movement in funds
16
2,044,434
{116,367}
4.096.226
489,222
6,140,660
372,855
6, 140,660
Totsl funds ¢arrled forward
1,928,067
4,585,448
6.513.515
6, 140,660
The Statement of financial activities includes all gains and losses r8cognised in the year.
The notes on pages 12 to 26 fomi part of these financial stat8ments.
Page 9

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
BALANCE SHEET
AS AT 31 OCTOBER 2024
2024
2023
Nots
Flx•d a$s•ts
Tangible assets
Investments
11
12
1,931,957
3,757,884
2,049,062
3,800,417
5,689,841
5,849,479
Curr•nt assats
Debtors
Cash at bank and in hand
13
5.623
842.136
4,612
330,864
847,759
335,476
Crgditors.. amounts falling due within one
year
14
{24,0851
(44,295)
Net current assets
823,674
291,187
Total a55ets less current Ilabllltl•s
6.513,515
6, 140,660
Net a$$gts axcludlng pension asset
6.513.515
6,140,660
Total net as$•ts
6.513.515
6. 140,660
Charlty funds
Restrlcted funds
Unrestricted funds
16
16
1,928.067
4,585.448
2.044,434
4.096,226
Total funds
6,513,515
6, 140,660
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behaw by.
Amanda Westbrook
The not8$ on pages 12 to 26 fomi part of these financial slalements.
Page 10

ALMSHOUSE CHARI￿ OF ARTHUR WINSLEY AND OTHERS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2024
11 months
nded
31 October
2023
year ended
31 October
2024
Cash flows from operatlng actlvltlos
Net cash used In operating activities
10,225
127,967
Cash flows from investlng actlvltles
Interest received
Proceeds from th8 sale of tangible fixed assets
Purchase of tangible fixed assets
Proceeds from sale of investments
12.681
370
2.723
{12.0041
soo.000
(156.026)
Net cash provld•d byl{used Inl Inv•stlng a¢tivities
501.047
1153.3031
Cash flovm from flnanclng actlvltles
Cash introduced from precedlng charity
356,200
Net cash provlded by flnancing actlvltlos
356,200
Chango In cash and cash •qulval•nt$ In the year
Cash and cash equlvalenls al the beginning of the year
S11.272
330.864
330.864
Cash and cash 8qulval¢nts at the end of thg year
842.136
330,864
The notes on pages 12 10 26 form part of these financial slalements
Page11

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
General infomiatlon
Th& Almshouse Charity of Arthur Winslgy and Others is a registered Charitabla Incorporated Organisation
incorporated in England and Wales. The principal office is 22 Winsley Square, Colchesler, C012AU. Thts
règistered number of the charity is 1196080.
The object of the CIO is the provision of Almshouses, for the prevenUon or relief of poverty and to support
alderly people. The CIO operates in Essex.
Accountlng policies
2.1 Basis of preparatlon of flnanclal $tatoments
Th8 financial statements have been prepared in accordance with the Chari￿es SORP IFRS 1021-
A¢¢ounting and Reporting by Charities.. Stat8ment of Recommended Practice applicable to charities
preparing their acwunls in accordance with the Financial Reporting Stsndard applicable in the UK
and Republic of Ireland {FRS 1021 {èffective 1 January 20191, the Finan¢ial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The finan¢ial statements have been prepared to give a 'true and fairf view and have departed from
the Charf(ies (Accounts and Reports) Regulations 2008 only to the axient required lo provide a Irue
and fairf view. This doparturg has involved following the Charities SORP IFRS 1021 published in
October 2019 rather than the Accounting and Reporting by Charities: Ststèmont of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
The Mmshouse Charity of Arthur Winsley and Others meets the definition of B public benefit entity
under FRS 102. Assets and liabilities ara initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy.
2.2 Golng concern
No materi81 unc8rtainli8S that may cast significant doubt about the ability of thg charity lo continue as
a going concem hav8 bean idents'fied by the trustes5 and in their opinion the use of the going concem
basis of accounting is appropriate.
2.3 Income
All income is recognised once the Charitabl8 Incorporated Organisation has enlitlemenl to the
incomè, it is probable that the income will be Teceived and the arnounl of income receivabl8 can be
measured reliably.
Income tsx re¢overable in ralation to investment income is recognised at the time the investment
income is receivable.
other incorne is re¢ognis&d in the period in which il is re￿1vable and lo the oxlenl the goods have
been provided or on completion of the service.
Donations are recognised in fvll in the ststement of finan¢ial activities in the year in which they are
receivable.
Page 12

ALMSHOUSE CHARITY OF ARTHUR 114INSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng pollcles l¢ontlnuedl
2.4 Exp8ndlturo
Expenditure Is fecognised once there is a legal or constructivo obligation lo transfer economic benefit
to a third party, rt is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Exp8ndf(ure is classified by activity. The wsts
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activrty. Direct costs attributsble to a single activity are allocatgd diroctly
lo that actwity. Shared costs which contribute to more than on8 activity and support costs which ara
not attributable to a single activity are apportioned between those activities on a basis consislgnl wtth
the use of resources. C&ntral stsff costs are allocated on the basis of lime spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on ¢harilablè activities is incurred on dir8clly undertaking the activitie5 which further the
Charitable Incorporated Organisalion's objectives, as well as any associated support costs.
Cycllcal r•palr$ and rnalntenance
Thè Almshouse Charity of Arthur Winsley and Others has established a regular programme of
cyclical repairs and maintenance. Costs are charged lo the revenue account in the year In which
they are incurred, and are in¢luded in routine maintenance.
Plannod Infrastw¢ture repalrs
Costs of planned infrastructure repairs ar& charged to the revenue account in the year in which they
are incurred. through the planned infraslrusture reserve.
Governance costs
Governance costs indude thosa costs a580ciated with meeting th8 constitutional and ststulory
requirements of the charty and include audit fees and costs linked to the strategic management of
the charity, including a 20% apportlonment of the general managarfs cost in ￿Spect of her role as
clerk to Ihg charity.Costs of generating funds are costs incurred in attT8cling voluntary income. and
those incurred in trading activities that raise funds.
All expenditure is indusive of irrecoverable VAT.
2.5 Govarnment grants
Gov8mm8nt grants ￿latIng to tangible frxed assets are Ireatgd as defèrred income and released to
the Statement of financial activities over the expèctèd useful lives of the assets concemed. Other
grants are credited lo the Statgmenl of financial activities as the related fjxpenditurg is incurred.
2.6 Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured
Teliably by the Charitable Incorpomted Org8nlsalion', this is normally upon notrfication of the interest
paid or payable by th8 institution with whom the funds are deposited.
Page 13

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Ac¢ountlng poll¢lo$ {eontlnued}
2.7 Taxatlon
Tho Charitable Incorporated Organisation is considergd to pass the tests set out in Paragraph 1
S¢h8dule 6 of the Finance Act 2010 and therefor8 it meets the definition of a charltable company for
UK ¢orporation tax purposes. Accordingly, th8 Charitable Incorporated Organisation is potantially
&xempt from taxation in respect of income or capitsl gains received within categories covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeablè
Gains Act 1992, to the extent that such income or gains are applied exclusivtsly lo charitsbl8
purposes.
2.8 Tangible fixed asset5 and d•pr¢clatlon
Tangible fixed assets costing £500 or more are capitalised and re￿gnISed when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognitlon, under th8 Cost model, tangible
fixed assets are measured at cost less accurnulated depreciation and any a¢cumulated impaimient
lossès. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Houslng propertlos
Freehold properties representing housing land and buildings are stated al cost. No cost is
attributable to non-housing land and buildings held as investment properbgs. The cost of housing
propertiès relate to improvements carried out which hav8 been funded by Housing Corporatlon
grants, Colchester Borough Council grants and from the Charftys own r8sourcEs.
As the propefties are maintsined in a stata of repair such that their eslimaled residual value is not
less than their irnprovemènt cost, th8 annual Charge for depreciation would be nil.
Dapreciation is charged so as to allocate tha cost of tsngible fixed assets less their residual value
over Ihgir estimated useful lives. using the slraight-line method.
Depreciation is provided on the followng bases..
Freehold propèty
Furniture and equipment
Alam system
10%& 25%
20°
2.9 Invéstmonts
Fixed asset investments are a form of financial instrument and ar8 inf(ially recognised al their
transaction cost and subsequently measured al fair value at the Balan¢e sheet date, unless the value
cannot be measured reliably in which case it is measured at cost less impairm8nt. Investment gains
and losses, whether realiséd or unrealised, are combined and presented as 'GainsllLossesl on
investments. in the Stst8m8nl of financial activities.
2.10 Dabtors
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any Ir8d8 discounts due.
Page 14

ALMSHOUSE CHARITY OF ARTHUR ￿NSLEy AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
A¢¢ountlng pollcles lcontinuedl
2.11 Cash at bank and In hand
Cash al bank and in hand in¢ludes cash and short-lerm highly liquid investments with a short rnalurity
of three months or less from the dalg of acqulsltion or opening of the deposit or similar account.
2.12 Llabllltl•s and provlsion5
Liabilitias are rè¢ognised when there is an obligation al the Balan￿ sheet date as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlèmant, and th8 amount
of the settlement can be estimated reliabty.
Liabililies arg recognised at the amount that the Charitable Incorporated Organisalion anb'cipates it
will pay to settle the debt or the amount it has received as advancod paym8nts for th8 goods or
servicas it musl provide.
Provisions ar8 measured at the best estimate of the amounts required lo settlè the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rate that reflects the risks spectfic to the liability. The
unwinding of the discount Is fecognised in the Statement of financial activities as a finance cost.
2.13 Flnan¢lal Instruments
The Charitable Incorporated Organisation only has financial assets and ftnanclal Ilabilllles of 8 klnd
that qualrfy as basic financial instruments. Basic financial instrumants are initially recognised al
transaction value and subsequently measured al thgir sottlemgnt value with the exception of bank
loans which are subsequently measur8d at amortised cost using the effective interest method.
2.14 Penslons
The Charitable Incorporated Organisalion operat8s a dafin8d contribution pension scheme and the
pension charge represents the amounts payablts by the Charitable Incorporated Organisalion to the
fund in rosp8Ct of the year.
2.15 Fund a¢eountlng
Gener81 funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charitable Incorporated Organisation and which have not
been designated for olh8r purposes.
Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular
purposes. The aim and use of each designated fund is sel out in the notes to the financial
slalemenls.
Restricted funds are funds which ar8 lo be used in accordance w((h specific restrictions imposed by
donors or which have been raised by the Charitable Incorporatèd Organi5alion for particular
purposes. The costs of raising and administering such funds are charged against the specific fund.
The airn and use of each restricted fund is set out in the notes lo the financial statements.
Investsment income, gains and losses are allo¢aled to the appropriate fund.
Page 15

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Crltl¢al a¢¢ountlng astlmatg$ and araas of Judgmant
Estimates arid judgments are continually evaluated and are basèd on historic818xperienca and othèr
factors, including expectslions of future events that are belleved lo be reasonablg under the
circumstances.
Crltlcal accounUng esllmates and assumpUons.'
The Charitsble Incorporated Organisation makes estimates and assumptions Concemlng the future. The
resulting accounting estimates and assumptions will, by definition, seldom equal the relat8d actual results.
The eslimales and assU￿pIlonS that have a significant risk of causing a maltrrial adjustment to the
carrwng amounts of assets and liabilities within the next financial year are dis¢ussed below.
Critical areas of judgment..
The estimates and assumptions made by the Trustees involve the transfers required to designated funds
lo allocate funding to the redevelopment reserve and the planned infrastructure reserve. These are
material funds which provide funding for expenditure over an extended tsme period. and are recalulaled
and updated each year.
Income from charitable activities
Total
funds
1 I months
ended
31 October
2023
Unrestricted
Total
funds
funds
year ended year ended
31 October 31 October
2024
2024
Residents conlrSbufjons
539.450
539.450
473,000
Investment income
Total
funds
11 months
ended
31 Octobei
2023
Unrestricted
Total
funds
funds
year ended year ended
31 Octobor 31 October
2024
2024
Rent receivable
720
12,681
720
12,681
660
2,063
Interest receivad
13,401
13,401
2, 723
Page 16

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINMCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Analysls of axpendlture on charltabl8 actlvltles
Summary by fund type
Restrlctad Unr•strl¢ted
fund$
funds
Totsl
yaar ènded year ended y•ar onded
31 October 31 October 31 October
2024
2024
2024
Charitable actwib'es
127,851
509,612
637.463
Unrestricted
fvnds
Total
7 1 months
t I monlljs
8ndetl
ended
31 OGtober 31 Octobgr
2023
2023
Direct costs- Activitl8s IA¢tivlty 1)
359, 147
359,147
Summary by èxpenditure typa
Slaff costs Depreclatlon Othar cost$
Total
year ended year ond¢d year ended year end•d
31 Octobgr 31 October 31 October 31 O¢tobor
2024
2024
2024
2024
Charftable aGtivilies
53.150
641
583,672
637,463
Staff Gosts Depreciation
71 months
I I months
ended
ended
31 Octobar
31 October
2023
2023
Other costs
f l fflonlhs
ended
37 October
2023
Total
1 I months
nded
31 OGlober
2023
Charrtable activities
46,034
1.567
311,546
359,147
Page 17

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Analysls of expendlture by actlvltlos
Total
funds
11 months
ènded
31 October
2023
Support
Total
costs
funds
y•ar •nd•d year ended
31 Octob•r 31 October
2024
2024
Charitable activities
637,463
837,463
359, 147
Analysls of support costs
Total
Total
funds
S$rvlcas
funds
1 I months
y•ar èndod year ended
ended
31 October 31 October 31 O¢tober
2024
2024
2023
Staff costs
Depreciatlon
Rates and water
Heat and Ilghl
Insurance
Mainlenan¢x
53,150
641
17.215
228,663
7,690
40,255
53,150
641
46,034
1.567
12,210
176, 140
8, 107
34,391
17.215
228.663
7.690
40.255
L ill
Cleaning
Exceptional repairs
Helpline charges
Telephone
Residents events
4,365
25,135
13,724
1,686
1,109
56,612
1.555
824
4.365
25,135
13,724
1,686
1,109
S6.612
1.555
824
3,880
17.652
10,934
1.319
1,122
19,876
792
Planned infrastructure
Subscriptions
Accountancy and payroll
L8gal faes
Sundry administration
Redevelopment ¢osts
L05s on disposal of tsngibl8 fixed assets
Govefnance costs
831
4,394
5,216
9,882
5,868
45,773
128,098
5,100
5,868
45,773
128,098
5,100
4,800
637,463
637,463
359, 147
Page 18

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Analysls of expendlture by actlvltles {¢ontinuedl
Analysls of support ¢osts (continued)
Gov8mance costs included above are as follows..
Governanc• costs
2024
2023
General Manager120Vol
6.589
5,100
5,623
4.800
Audll
11.689
10,423
Detailed breakdown of total S￿nd on properties
2024
2023
Rovonue malntenance:
Electrical and plumbing
Normal
13.614
13,613
10.002
2.204
56.612
822
25.135
6,977
13.975
10,364
1.509
19,876
1,566
7 7,652
Central Healing
Gardens
Planned infrastructur8
Equipment repairs & puichases
Exceptional repairs
Totsl
122.002
71.919
Exceptional repairs expenditure and planned infrastructure expenditure above is allocated lo the planned
infrastructure reserve. All other expendilurg relates lo the general income fund.
Audltorfs remuneratlon
The auditorfs remuneration amounts to an auditor fee of £5.10012023- £4,800>.
Pago 19

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Staff costs
I I months
year ended
ended
31 O¢tob•r 31 Octobgr
2024
2023
Wages and salaries
Contribution to defined wntribution pension schemes
51.965
1.185
45,041
993
53.150
46,034
The average number of persons employed by the Charitable Incorporated Organisation during the year
was as follows..
11 months
ended
31 October
2023
No.
year ended
31 October
2024
No.
Clerk to the TrusleeslGeneral Manager
Other staff
No employee received remuneration amounting to more than £60.000 in eilhef year.
Detalled analysls of wag8s and $alarf•$
2024
2023
General manager- operational180¥th}
Ggneral manager- govemance1200kl
26,355
6,589
20,206
22,492
5,623
17,919
Other stsff
53.1
46,034
10.
Trustees. remuneratlon and axponsgs
During the year, no Trustees received any rèmunerats'on or olhor b8neflls (2023- £NIL).
During the year ended 31 October 2024, no Trustee expenses have been incurred (2023- £NILJ.
Page 20

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
11. Tanglble fixed assets
Fr••hold Flxtures and
property
fittlngs
Offic
equlpment
Totsl
Cost or valuatlon
Al 1 November 2023
2,044.434
11,484
(127.8511
22.979
13.047
520
2.080,460
12,004
1129,086)
Additions
Disposals
{1.2351
Al 31 October 2024
1,928.067
22.979
12,332
1,963,378
Depreciatlon
Al 1 November 2023
Charge for the year
On disposals
22,979
8,419
641
31,398
641
1618)
16181
Al 31 October 2024
22,979
8,442
31,421
Net book value
Al 31 October 2024
1.928.067
3,890
1,931.957
Al 31 Octobgr 2023
2,044,434
4,628
2,049,062
The fixed assets were Iransfered from The Almshous8 Charity of Arthur Wirbsley and OlheTS, charity
nurnber 206000 on 1 December 2022.
The freehold properties comprise 80 dwellings with associated chap81 and amenity land in Old Heath.
Colche5ter and are valued for insurance purposes at £19.308.572.
12.
Fixed asset investments
Llst8d
Investmonts
Cost or valuatlon
Addf(ions
3,800,417
1500,0001
457,467
Disposals
Revaluations
Al 31 Oclober 2024
3,757,884
Page 21

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
12. Flxed asset Inv•stments l¢ontlnu•dl
Matsrial Investments
31 Octobgr 30 November
2024
2023
M&G Equities Investment Fund for Charities {Charrfundl
M&G Charity Multi Asset Fund
1,278,822
977,056
1,502,006
1. 102,921
855,978
1,841,579
Parmenian Inv8slmenls GIA
3,757,884
3,800,417
The investments were transfered from The Amshouse Charity of Arthur Winsley and Others, charity
number 206000 on 1 De¢ember 2022.
13. Dobtors
2024
2023
Du• wlthln ono year
Trade debtors
Prepayments and accrued Income
1.$76
4.047
585
4,027
5.623
4,612
14. Credltors- Amounts falllng due wlthln one year
2024
2023
Trade credrtors
12,518
11,567
23,065
21,230
Accruals and deferred income
24,085
44,295
Pagg 22

AU￿SHouSE CHARIry OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
15. Flnancial Instruments
2024
Flnan¢lal assets
Financial assets measured al falr value through Income and expenditure
843.712
2024
Flnanclal Ilabllttles
Financial liabilities measured at amortised cost
24,085
Financial ass8ls measured al fair value through income and expenditure comprise cash al bank and in
hand, and trade debtors
Other financial liabilities measured at amortised cost comprise trade creditors and accruals and deferred
income.
Page 23

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
16. Statement of funds
statement of funds- current year
Balance at 1
November
2023
Balanc• at
Galnsl 31 Octobèr
ILoss•sl
2024
Transfers
Inlout
Income Expendlture
Unrestricted
funds
Deslgnatod
funds
Planned
Infraslru¢ture
reserve
401,500
156,6121 1,483,592
74.530
1.903.010
Redeveloprnent
reserve
3,544.726
(70.9081 11,402,555)
382,937
2,454.200
3.946.226
1127,5201
81,037
457,467
4,357,210
Ganaral fund$
Ganèral Funds-
all funds
150.000
552,851
{382,092}
192,5211
228.238
Total
Unrestrfcted
funds
4,096,226
552,851
{509,612)
457,467
4,585,448
Restrlcted
funds
Propety reserve
2,044.434
1127.8511
11.484
1,928,067
Total of funds
6.140.660
552.851
1637.4631
457,467
6.513,515
A transfer of £81,037 has been made from General funds to Redevelopment reserva to maintain the
General funds al approximately 9 months budgeted expenditure.
A transfer of £1,483,592 has been made from Redeveloprnent reserve to Planned Infrastructure reserve
to designate funds required for the revised redevelopment programme and the funds required for the
planned propety maintenance programme.
A transfer has been madg from Propety resgrve to General reserve of £116,637 to reflgct Ihg additions
and disposals of propety during the year.
Page 24

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
17. Analy$ls of net assets betwèen funds
Analysis of not assats batween funds - current perlod
Restricted Unr•$trfctsd
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assgls
Fixed asset investments
Current assets
1.928,067
3,890
3.757,884
847,759
124,0851
1.931,957
3,757.884
847.759
124,0851
Creditors du8 within one year
Total
1,928,067
4,585,448
6,513,515
18.
Reconclllatlon of not mov•mont In fund5 to net cash flow from operatlng a¢tlvltles
11 months
gnded
2023
year ended
2024
Net income for the period las per Ststement of Financial Acliviliesl
372,855
17,162
Adjustments for..
Depreciation charges
Gainslllossesl on investments
Intarèst received
Loss on the sale of fixed assets
Decreasellincreasel in debtors
Increaselldecreas81 in creditors
Net assets Iransfered from previous charity
Resèrves transfered from previous charity
1,567
99,414
(2,723)
1457,467}
112.681)
128.098
11,0111
120,2101
6,084
6,463
(6, 123,498)
6,123,498
Net cash provldod by operating a¢tlvltla$
10,225
127,967
Page 25

ALMSHOUSE CHARITY OF ARTHUR WINSLEY AND OTHERS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
19. Analysls of cash and cash oquivalents
2024
2023
Cash in hand
842.136
330,864
Total cash and cash equivalents
842.136
330,664
20. Analysls of ¢hang•s In net debt
At31
October
2024
Nov•mb•r
2023 Cash flows
Cash al bank and in hand
330.864
511.272
842.136
330,864
511,272
842,136
21.
Panslon comrnitrnents
The charity operates a defined contribution pension scheme. The assets of the scheme are held
$8paralely frorn those of the charity in an indep8ndently administered fund. The ptsnsion cost charge
represents contributions payable by the charity to the fund and amounted lo £1,18512023 -£9931.
22. Relat•d party transactions
Thg charity had no related party transactions during the period.
23. Controlling party
There is no controlling party in this or the preceding period.
Page 26