REC.ISTF.RFD CONtP_4NY NUh.IBER.. CF1I2778 REGISTERED CHARITY NUMBER: J197296 'J) L St.4TIMF.NTS FOR BUCKLEHAVEN cHARy 41 Rodn¢v Roud Cheltcnhai Glou¢¢si¢r&h¢r¢ GL50 IHX
BUCKLEIi4VEJI' CIL4RrrY CONTENfs OF THF FIN.4NCIAL STATENIENTS D30Se tomber2024 Pge Reftiynceand adniini5tr&live detail$ Reportoftht trlIC0S tndepffldent r%aiiiiiieT'5 report Siatement of r]nnd*l acdi'ltles Balance slieet Notes to the fJnancl¥l $tstenioryts 7 10 11 Detailed 5tstemfntof fingnaal activitie5 12
Bi)CIKLf.H. V REb'EREINCE.4ND..IDII' FOR T INISTIiATII-.E DET.41LS tcmber 2024 PRINCIPALADDRESS 11 Warrett aose heltcnliam GLil 3HW REGISTERED Coll IP_4NI' NiTrhlBER CE027780 REGISTERED c11.4R NUMI BER 1197296 TRUSTEES Mrs CR Bower- CkniT Mr R Ba5nelt Mr MA HiiAI Mr JAH Mills MrsCE Ornia MrsCE Sione Mr$ JC TODI CLERKTO THE TRusfEES MES E Meekiims EPENDENT EknIlllNER mitc1} GI1]1< Lirnikd 41 Rodncv Road Clielienllll Glou¢¢si¢tshite GLiO LFIX SOLicfFORS BPB Soliriiors l.LP St Janits. Hous¢ Chelieiiliom GL50.IPR LloydsTSB H¢ 130 Highi Street Clitlt¢nham Cyloiicc%t¢rsliire fjL50 IEW
BUCKLFIIAI,-FN' CHARrrY RIPORT OTr. I'IIL TRb.81'1.:ES R THE I'EAREN'DED30S¢ trnibcr 2024 I'he In551¢¢$ ilho are also ditc¢ioYs of ihe thariry, for th¢ purp)ses of the Compsni¢s A¢t 2Q06, present Iheir rewrt Iyiili ihe filluiicial 51ai¢m¢nts of the oliarity for tlie }'ear ended 30 Septciiib¢r 2024. Tlic ITU51$ hai'¢ adopted thc prnvisionsof AccouJ2ting fjnd Reroning by ChoriuL¥.' Sl¢tilL]ll ofReL'OJIIIIILiided Pr8ciice ttpplicablb Iv clwiili¢s ili¢ifatsLUiIIiIS ill aCLurdwic¢ iviui Ili¢ fiiiuiiiial R¢wrtin¥ Stsndatd applicablc Jn ilic UK and R¢public of Irelaiid IFRS 1021{¢fftrlive l January 2019). OPJECTII.'ES AND ACTIVITIES Objectii'cs aint5 Tlie Trusl¢¥s liai'e ili¢ obj¢Lli&¢ uf Lcepiny all pl7>p#r¥S aiid ¥rt)uiid5 in ¥uod L'oijdilivii ther¢by prDvidiJLS a roiiift>rt&blr aiid ¢nv¢n)nm¢ntfor eh rcsidont ii'hilst coniplvillg ivitli tbc de¢¢nl liome$' $randards. Th¢ Ttust¢es me¢t iviih lh¢ t¢5idenls 4lltsrteTly ivh¢ie p)$51ble as ii'ejl as a21)818 sociul even15 over ih¢ y¢ar io brtn8 the re5id¢nls and TntcCS toscthcr. Ongoiiig dis¢ussions Iwi'¢ ¢oniinu¢d ii'iih lh¢ MJNaging Agents ISoveitl8D Housing) to ensur¢ appropriate pr(Kedut¥5 are in plfj¢e 10 ¢t Ilic rcqiiiTemcnts of tlic J.loincs Epgland. In D¢Mbcr 2023 ilic Trusrccs prniided a Christnijs nical aiid gifts for resid¢nts.The aniiuol Gnrden Party atso took pl¢ iji $umm¢r 2024 and it ivas pleasiiig lo iiole tliat Ihe'friiees iverc joiiicd - a good nuDikr of rcsidcnt5 111 th¢ sroiinds of Bii¢kl¢hav¢n. A R¢sid¢nts' leu¢r 1$ displllked l])TouoJioui the on NoticctQSTd higbligljting key ItrPi¢S Taised al Iht qllarterlv Jneeliiigs ol die Tiusl¢e5 and Sovereign Houmns Associatsojj. The TVC(>n¢essionary, Li¢ell¢e foT tho$e eligible I&$S01n rellcived ill Apri12024 which was funded by die Charity. ACHIEIIENIEhY PERFO1iIIACE Charitsble actiJitic5 Th¢ Trusl¥¢¥ b¢li¢v¢ Ih81 ttLey in¢el the requinIClS of lh¢ s¢1 QUI iii llje Cliarily Cuminissiun¥ adviG¢ publtfyatiun. The 3im or the Charity i5 through die MshouSe5 to piiwide acwnimodtstion as ser alx)ve. Vacancies are advertl5¢d on dJL iebSite of Sovereig H01151ll¥. tlie FIDiiicsccKers i¥¢knic aftd TiomiiifLtioi15 arc rttci1.ed f1 thc LO¢ Auihority for iijdividullls ite g¢¢king ¢¢onimod&tioii and arc Uiiablc to afford conJmcrcia] rent Ill Ilie area. A 5igiiificllni iiMTnkrofr¢srid¢ots iij relp1 ofHousing Bcnctil. The f4Giliu¢s liai'c off¢T¢d a Iiigli oc¢up4n¢} rat¢ oi'¢r ihc pllsr 10 yeats sugB¢siing tlioi tli¢ Cliarity is providlljg an iinwrtoiil Collttibulion 10 social housi in the Clielienliam area. I'lie Cli&rity lias vacuiicic5 al PT¢%lIt. FIN_4NCI.4L RLVIEII. Uiider Ilje agreellicnl daled 18th Jiil}' 1997. the Tnist hai'e o11t5011Qd th¢ das, tD da)p ruiining of the properties lo th¢ Sovcr¢isn Hoiiyiiig Associolsvn. Thi5 a¥irYem#nl pru1'id Ilial ii¢¢LIy lI}ll.1)dLL. COJitribiiliuJ15 ar¢ puiJ dir¢iily by Ui¢ r¢¥id¢Dls itt Sui'¢reigii. Iwlm) ar responsiblc for Ihc Thaintciiallcc of Ihc ChatitV'5 proSrtY. to the natsrc of'this agrccnient-Valu¢ foT Mon¢y M¢irics for tlsc Tn]st are iiot I¢Ilsful and Ilierefore iiot iiicluded in th¢s¢ occouiils. STRUCTURE, C.01"EN.NCE.4ND hl.4N.4GENIINI'T GovertLing doCl¢t 'rhc cliarit)" is ¢onlTollcd by 115 SOTrCtlllll8 do¢um¢nl, a ded ofinisL and con5tittitcs a limited comw,. limii¢d by gualTe@ lls dcfincd by le Collipanies A¢1 2Crt)6. ChAritY COn51ibJtion The Chtstity ilias origiiially 80I'¢rn¢d by a Deed o(Gtft dakd 29tli Noi'enlber 1899 o S¢li¢m¢ of the 7th Febniary 1979 amend¢d 2ith Aii8ust 1995. f110?1) 1¢ iii¢on)oration of tli¢ ChllriN' iiith o Cliuntsblc In¢0r1¢a Orgoni*uoii ICIOI on the 30 Septemtxr 2022. tIK Cliarity is lloi¥ sovenied bir Ilie BvcLlehaveii Fouiidalion CIO con51iliilitsii dai¢d 6 Scpiciiiber 2022. Th¢ Chjyitr's R¢gi5tercd lillinr is 1197296 8nd il is Jlso rcgulatcd bi. Ilic RcsU1ar lor SociJi Housing (Numbcr 5)661 Rclruitmont Upp(bt¢llÈ of nl. trustoos Tlie Triistees are recruited as reqiiired iviili tlie aim of liaving a ]3oard or-rnislcEs ivith a ran8¢ of r¢ltNanl skills and expcricncc. N¢iv Truskes 8re induct by tlic Board are encouraged to ottelld toiuses tun by The Almshouse AsCiation and oili¢rs. Rl¥k Thc Twsttts hai'e revici¥cd thtir profesyionlll lldvÈsers the major ri5L-$ kn ivlii¢h the Charity could be exposed ur¢ satisfied thtsi the arrdng¢ni¢nlS in place lo deal ii'ith these evenluolitic5.
BIICKLEFL41tEIN REPORT O ' TV.IE TRbSTEIS t Jber 2024 OR srATEhllNT OF TRUSTfES' RKSPONSIBILI'I'IES Tlie tnislees IIN'IID llre 4150 the diTeclors of Buck.IcliaYcn Charity lor Ili¢ purpoxs of coniF4ny laivl arc rcsponsiblc foi prcpu5illB II RewrtvCth¥ Ifusii'¥5 uiid fil1u11 ¥iJiii¥nis Iii aGcoydaiiLL applicabJ¢ law Uiiikd kn118th)ni A¢Evuntiii¥ StaiMlard& Iujiiled Kinsdtrni Gcn¢rnlly Ac¢cpt¢d A0till8 Practi1. Compthny Itsiv Teqiiiw$ ihe Iru$iee$ 10 Frtpote finon¢ial stat¢m¢nts for each fjnllncittl year wluch gil'¢ tt ITthe f4ir vi¢iv of ilie ale or atTJiJ> vf the cliaritablr winpaiiy uf Ilic itsuiiiiiig r¢sourGe5 aiid llpplicolivn of rc5vU.s, iiitsluding Ui¢ In¢oxie WMI &¥pendjlU. OC Ih¢ el)aritrLble company Cor that p¢riod. In ptep2riiJ£ those fJn&iicial 5taleiii¢nl& ihe IFU5t¢¢$ are required Itt% suitsbl¢ accountin8 policies alid ill¢ii apply Iliem CollstentlY. observe the methods 4Liid priiiciples jIi the Charity SOIIP: jlld8ciiiciiIs HJKi cstirtiulLs ilial ur¢ re&uiiubl¥ uiid prudenL Prere lh¢ fiiiaiicial &alenieJtls OD the goillg conc¢ni 15is thnless it 1$ inappTopriak to Pfcsuine tiiat the ¢horiknblB coiiipany iiryll conhnue in busincs5. Th¥ Itu¥lws are rP)I1b1e fur k¢epiiw propEr 4K¢ouniin8 rLLJrd¥ whicli disck)stt ivilli rea178b1¢ arcuTacy 41 ajiy iiiii¢ thr fiiian¢¢al posilion ofili¢ ¢hanthblc comwiiy and lo cnublc Ihcm io ¢nxirc that the fiiianct&l stakrnents comply wilh Ihc Componi¢s Aci 2006. Tho re u150 re5poiisibl¢ for safcsuardiiig ilie a5ycls of Ili¢ tlianthblc ¢onipaii}' wid liee for tski118 [¢Trabl¢ slcp5 101 Ili¢ preireii15011 and d¢trction of fraud and other irregu1lticS. hI4ngement.4rrangemonts I'hc Trnst¢es n¢#Oiiad i long-ierni l¢as¢ $upporting HoiLSiiig and Man8g¢niellt and JElaled Serviccs iiilh.. Soveieigii Houn8 Asso¢ioip)n (Head Office) s0veIgn Hoiise Basing Vieiv BJsiJ]gstoke RG214kA CA no. 7448 Homes Ellgland No.. 4837 Thi¥ ¥iiDbltd thL' CliJrsiN bDild wi ¥ddiliond 14 U¢iiLS ofJJJLMi¢rn cujislruction iviiliiLi Ilie P[0[ly. SuvLir¢i¥i) a)¥ )ilb1e fur Ijll ur Ihc duy-1048y mlliiJg¢mrnt¢l'ihr fwIlily. I'he Trti$i¢¢s ¢oniinu¢ 10 bc rewble foT th¢ s¢le¢tion and QPFointment of te5id¢nl$, ]lti1 a Tole llnd meet qU4rt£rlv willi Su%r¢reigtt lo ¢JisiiM' tii¢ dijlis aiid objIlv¢s of Ilie Cliaril). orc b¢iii8 iiicl. In 4ddiliviL Ili¢y yssunie rcsp)iisibilily for additiunal provisions ld improi'emeijts to ej11nCe the facility. As plaiitted. tlie Board ot'Trllsiees Jiitt tiiice )n tliii riod. Wiiere possible. Ihe Tn¢¢5 iv¢rc join¢d by the Managing Agciils. Soi'creigii Housiiig Association. to re]'ieii' tile Jn4Jllagemcnt stralco!. to ensute Ihoi residents, nceds are Inet )d lo coiisider fiitute action wusred lo l1iJilillaili Ilic i%'¢ifaTL' uf r¢bidL'ILls. Ilie 26 oiJ# drn7 opurtm¢ii15 and vIly Ui¢ ruiii)Ing of AJm5knu5es Ihwugh tbe Mangg¢menl AgTe¢nienl iiith Soveteiqii Houn8 A550cialioii Litniied. SoverciBn aT¢ T¢spon5ibl¢ for th¢ re1[. tntiiiikTran¢¢ afjd ittsuran¢c of the properbcs and gtouiid5. coll¢clion Df F¢sid¢nlS' ii¢ekl}' nioinleDance poynients oveToII M'elhT¢ including mojithl>' vislts to ¢a¢h r¢sideLii ioge&ieT liaisoB witli Social Ser%'i¢es kn ensure iliat rexd¢nls urc ablc to Evmoiii illdcpciidcnt ulltil Ilic), urc no lontser •ble lo look aftcrd1emje5. Thc Trusie¢s mainiain and t¢i'ieiv th¢ Chatiiy'$ ii'e$im¢nts, 4 rK)rtfolio ivhich is inteJNJed to be used io fund du,dopmeni proj¢cis and meet niniiing expeJ2dilur4 il'necessas>', 85 free reserves as i%'cII a5 providin8 r¢51&nis i¥ith pasfor81 care and 5UPPOrt. The bank mandalc rt1115TC5 thc 5isnutUFC of tsyo Ith0T15¢d'fntCs. Trn¢¢l insurgncc risks gre revieived unnuolly. Th¢ T[L¢e$ olso ¢ollfiTrii Ihai Ih¢}' hot'¢ hud rtgard foT the Charity Commission guidance iii TC5pe£t olpulAic bett¢fil lyhen r¢viuving ihe Charil> $ aims objeciii'es and planiiiii¥ fuiure actiirities. Approvtd bvoTd¢rofihe boardof trnyi¢¢s on..... hair Tn1¢¢
IINDEPENDEINT ENAI.IIiJf.R'.S Rf.PORT TO TIIE TRUSTIES OF .IRITY Sndepend¢ni examknÈr'$ report to the trusteesof Bucklehoven Charity (the Cornpanv.) I r¢w)ftio di¢ ¢lianty t[ste¢S on iiiy oY&miiiatioii of th¢ accoiintsof tlie Conjpany for the year ded 30 ScFtsmbBT2024. RospoR5ibihties basis of reEMK't AS th¢ ¢harity's InJsl¢¢s of th¢ Cornpon}' a150 ils dircclors for tlic puw5¢5 of compairy laiyl you are T¢5pon5ibl¢ for th¢ PT¢PUTation of tlie a¢couiJls til accordaiice iviih tl)¢ t¢qiiiretn¢n15 vf Ili¢ Coihwani¢$Aet2(h)6 1,111¢ 2006 A¢i'}. Having so1i5fJed mvself thai th¢ awountsof Ihc Compon). are not wiiircd lo b¢ aiidLlcd undci Part 16 of Ili¢ 2(X)6 A¢t aT¢ ¢118ible lot IndendeI ex4minalion. I report iii respect of m). exllniination of your charity's accounts as carried out under sectio 145 of ilje Charities Act 2011 1.the 2011 Act'l. In ¢8tWllg out my ¢xamination I ljave fOll1Ved th¢ ltIOn$ 2iici) by Ihc Charity Con)mis*on under Section 14i(S1 Iblof dj¢ 2011 Aci. Ileptdente%M1¢r,s 5tatenitnt J liav¥ ¢ompJei¢J my t1111&tio. I confJnJ) that llo Djalters hgve cojme to niy attenlioll iij colln¢clion witli the ex2inination giving nie u$e io believe.. aCCOlLiitiftg recon1¥ ii¢r¢ kept in t¢5ct of the Company #s requsjed by Setiion 386 of the 2006 A¢i' OT th¢ 0¢¢ouiii$do noi 4ccord ii'ith iliosc rocordy. or Il)e accollnis do noi ¢oinply iviili the accoiinliiig r¢quiTemenls of Scclion 396 ofilie 2006 Act oiheiih4n un}. T¢qUiTe]nenl Ih4t Ilie a¢¢ounts gil'¢ a true tsnd foiT Trieii. Ivliich is not G mlltteFconsidcr¢dtss part of indcpcThJcnt eNllThinotion: OT the accounts 112VC ftot b¢¢n prcpJrcd ii'iili Ilic ni¢lliods and pniicjplcs olilit Slaienienl of R¢¢0mme1cO Prn¢iiG¢ tor accounlitt4 and ri'wrting ¢ltsrilies lapplicable 10 churilie5 pieporing iheir uc¢ounis ill uccord9ce wilh the Finoncial ReporlinB SIOnd applicablc in the UK and Repittli¢ of Ireland IFRS 102)1 J hav¢ no ¢on¢¢rtts artd hove gCt05S Jio otberrn&tters ill connection with the eYBJuinatioJJ to whicli attenlioii should be draivll UL this rerM>rt in Qrdcrto cnabjea properutLd¢T5tsnding of tlic ac¢ounts lo trarli¢d. Mr5A J Evans FCCA Milcliell Glatti'ille Limited 41 Rodney Road ChclieiihaRI Glou¢e%leT5hiTe fjL50 IHX Dale". 1.7_10g1.s.................
BuLF.lA)IrN CI.14RFrY STATEMENT or '1AcL4L ACI'IVIIIES FOR THE I'EAR EIN'DED 30 tember 2024 2024 Totsl funds 2023 Total unstrICted fUd Restricted fund as Itstuled Notes INcolE AND EN'DOWNIEII TS FRONI Invc*muJt income 18.591 18.591 17.962 EIPFNDTfuRE ON Rwsing funds 5.174 5,174 43,275 Othcr 12.701 Totsl 5.174 5.174 Nd 8ains on inv¥51nierL15 69.103 21.294 NET NCOMEIIEXPENDrruRE) 82,520 82,520 (16,720 698.254 Tillnsfers bctsyecn funds Othor rtco2nistd gail(10) Gains on revaluation of fJKed a59Ct$ 521.500 Nctrnoytmcntin fund5 82.520 81520 1.203,034 REcO,c[LIATION OF FUNDS I'otal fund5 bmught forvard As prrviDusl>' repprttd ]4ioryeor4djusknent 1,168.267 1,168267 34.767 A5 rcstAtLyl 1.203,034 1,203.034 TOI'AL FUNDS CARRIED TrORWARD 1.285.5 1.28) 5)4 1.203.034 The nok$ fotm pttrtof th¢se fillon¢ial $ti¢iemenis
cHARy LINCE SHEET 2024 Totul funds 2023 Unrcstricted fund Re5tsictcd nd as re&tated NolB5 FIXED.4SSETS Twigible assets Invesiineijts 521.500 736.MO 521,500 7J6 540 521,i(KJ 6iO 119 l Ji8.040 I,2541Jlg 1.171.619 CVRRENT ASSKfS Debtors sli at b&nL- 4.0(I) 24.309 24.309 32.259 28.31 28.3 31259 cREDoRs Alllollilts flllling due wiihiii one year 10 17951 17951 18441 NET CURREINT ASSETS 27.514 31.415 TOTALASSETS LESS CUEiRENT LIABILITIES 1,285.554 1,285,554 1203,034 NET A&SETS 1.285 i 1.28i.5 1203.OM Fb'N'DS UnTcstricted fllnds 1285.554 1203.034 TOTAL FUIYDS 1.285.554 1.203.034 Tlie charithble to]2iPXllly l5 ¢ntiged to eyeniptioj) from audit under Sectioll 477 of the CompLnie5 Act 2Q06 lor the yetsr ¢nded 30 Septeniber 2024. The ni¢inbcFs liAv¢ iiot rcquiJEd djc company to obtsin an audit of its financial 5tatcmcnts for Ilic }ear onded 30 S¢p*mb¢i2024 i accotdall¢¢ ivilh S¢¢iLOll 476 of Ibe CompaJuesAct 2006. Tlic IT115k¢54rk'noii.Icdg¢ Iheii reskM>iisibililie5 for ensiiring that the ¢l)arii¢bl¢ ¢omptsny keeps I¢¢¢OUnlin8 r¢cords (hat comp]y ith So¢tioi)$ 386 and 387 of the ComrAknies A¢1 20(b ond prepjring financial siaiemenis ivhith Biiie a Ini¢ Msid fair vi¢w of ili¢ sthie of atyairs of tlit charitable coinparty as at tbc end of eacli finalts1 v¢ar alld of ils siirpliis or deficit for each finonciol >eur in attordan¢¢ ih¢ T¢qUit¢m¢ni$ ol S¢ctions 394 and 39) and ii'lJiGli 0dleriSe conipls, ilriili the r¢qiiir¢m¢iiis of th¢ Conipanics Aci 2006 r¢latiilB lo fin7¢1&1 ststemcnls, so far &% pplicaNe to the cljaritablo comwiy. Ibl Tliese financial slalements liave beets pr¢paT¢d in a¢¢ordart¢¢ i¥iUi the praviMons applicable io ckiiitllblc compgmses subject lo the snigjl ¢onipollie$ Tegime. Tlie fjnanrial tlentS wete approved by the B09Td of Trllstee5and 8utlM)rised for]ue on... on its behalf by.. . Iver¢ 5iglled er- Tru51rc ThB notes part ofihest finan¢iol $iaiemenis
OTES TQ TiIf. FIIAi%CIAL sfATEhlEIYTS FOR TIIE YLIR ENDED 30 S tenLbcr2024 ACCOUIN'fiNG POLICIES B.4SIS OF PREPARIIN'G THE FIN.4,cL4LsTATEN'Ts Thc financial 51aletiieiils of the cliariiuble ¢oinpany. ii'hicli is a public bencfit cnlity U1¢[ FRS 102, have b¢¢n pr¢par¢d Jn coidon¢e i11k tlie Charities SORP IFRS 1021'AccoiiJJliiig and R¢portins by Chatili¢s." Stsl¢mciil of Rr¢oniinended Prn¢iic¢ applIbI¢ lo cliarilies preparittg le1r llccoiint5 in accordance Iviih thc Financial Rcwrtiiig Standard upplirabl¢ in th¢ UK and Republic of Itela]Kl IFRS 1021 l¢ftTeclive l Juniiary 2O19y. Finan¢ial Reportln8 Standard 102'Tlie FilL&licial Reporting sta12rd applicabl¢ in the UK Rcpublic olIT¢knnd' and Ilie Com111¢$ A¢t 2006. Th¢ finon¢ia] wt¢n)ci)ts hrlve been preF4qred under IIK liislorical ¢D51 Co¢nI10, willi the exceplion of illveslmtths whi¢h ar¢ intslud¢d ai markcl valu¢. LS modtfied bv th¢ of ¢¢rthiii sets. FINANCIAL REPORTINC sfANDARD 102- REDUCED DISCLOSURE EXEMPTIONS Tlie ¢lJaritsble coiiipan). has Vlkcn &di,lge of Ilic folloiling disclosurc eyempiioii in PFcpsrin8 these finon¢i81 st8meDI4 8$ pernlitted by FRS 102'Thr fJnanEial R¢porfin8 Sraiidard applicable iii the UK and Repiiblic of Irelaijd,: Ilie ffqiiiretn¢iJts of stiott 7 Stsiement o(C&sh FIoiv5. INCOIIIE All in¢ome is r¢¢ogniscd in th¢ Stst¢m¢ni of Finan¢i&l A¢iiirili¢s on¢¢ th¢ ¢hfjrity has ¢ntitl¢t lo the fd& it is ptobable that iTrcoin¢ ivill be r¢ceived 9lld the 8Aiount can be measuted reliably. E.XPINI l)rriiRE Li8bililies are reco8nised as exyrtdiliire d$ sty)n &$ tliere IS a le8d or constructive obligation ¢ommittiiig the charity lo tIt ¢xwndiwJ¢. il i$ pioboble thRI a transfer ofecoiiomic ller115 Ivill bc Tcquired in llic]nenl 4nd Ih¢ amouni of thc oL4igati¢n ¢ be nie4SiiTed reliablv. fxpendilUt¢ 1$ a¢¢ountrd far on an a¢crtuls baS and lias beeii classified under headill8S that aggr¢g8le all cost relllted to Ilit ¢at¢goty. whe ¢osi$ cannot be dir¢¢tly ottribuied ro PJfficular lieading5 they have beeD allocatsd 10 activities on a EASIS consisient iiith th¢ u5B of rc50urrcs. TANGIBLE FLIED ASSETS Dewec2Ution 15 Ptovided al the folloii'in8 al7&] rates IJJ ordetto ii'rile off ea¢li as5el over i15 cs1imllt¢d us¢ful lifc. Fr¢¢hold PToperty- Nil TAk.%TION Thr ¢haritl' 15 ¢xempt from corwrntion l&Y oil its charilablc 4ctivitics. FUND.ICCOUNI TING UlirtrieIed lunds be tssed in arcordallce iyitli Ili¢ ¢h41itsbl¢ obJ"¢tlive$ai th¢ dis¢r¢iion ofih¢ IN¥lecs. Restrictcd tunds can only b¢ used for psrti¢ulaT J¢riCted purp05CS Withitt thc oFiccts of the chatity- Restrtctions ari% Ivhen SPBcifi¢d by the donoror iyhen fmid$ Jre Msed fot P2rticiil&r restricted wrroses. FrthCre¥P1nation ofth¢ naiur¢ and olu¢h (und is inclu&d in the notes io tlie fiA&rKiBI statemartS. INVEST.MENT INCONIE 2024 2023 lilr¢st r¢¢oiYable- tredins Inveslinelll income froni porfolio 57 17.9)) l8.591 18.591 17.962
BUCIiLEHAVENI CIL4RITY YOTES TO TEIL FINANCtAL S FOR THE YEAR ENDED 30 S¢ tember 2024 - continued 114ISING FUNDS 114181N(' DONATIONS ANf) I.FG.4C.IFS 2024 2Q23 Surv>rtcosts 5.174 &508 SUPPORT COSI7 Supwrtc(>sts, included iji the 8Erf>vc. arc 8s folloiv 2024 2023 Rai$iJlQ donaiion5 Totul aGtii'ilies legllcies InsurAJJee Sundrics A¢cOuiitaY Leglll fees ClcrkinE Costs 32) 3.153 325 1571 660 3.796 916 5.174 8.508 TRusfEES' RENIUN& ER4TION AN'D BENEFrrs TIi¢t¢ ITe llo Iru51e¢4 Tciniineration or othcr N¢[I13 lor th¢ year ended 30Sept¢mbcr2024 nor lor the yeoT ended 30 Seplember2023. TRUSTEES. EX"PENSIS There no trustecg exnseS paid torthc)'e2T ciidd 30 SeptcinbBr 2024 norfoith¢y¢aT ¢ndcd 30 S¢ptembcr2023. PRIOR YEAR ADJUSTN.IENT Tli¢ 2023 ¢OmPaTalivc fz8UTe5 have becii reslaled to TCniOi'¢ d¢pte¢iqtiots of£34.767 ¢harBcd on the frechold propertv in the yeor. TANCIBLE FLNED ASSETS rrecliold prop¢tD COST At l OctobBr2023 and 30 Sepi¢nJber 2024 521.500 NET BOOK I'.4LbE AI 30 sept¢bEr2O24 521.5 At 30 Scoemb¢r 2023 i21.ioo
BUCklEILKVEIN CIi4RrrY NO 18 TO THE FlIN.4h'CIAL S'I'A'I'EMLI%'TS_ continued E YEARENDED30Sc teFAber2024 FIXED.4SSET IIN ITESTlIqENTS 2024 2023 In¢om¢ units 736.540 650.119 There wert llo investment 8SS¢lS Outsid¢ lh¢ UK. Investhiens (neither listed nor llnli5trdl Iv¢r¢ fjs follo1". 2024 2023 Cost AdditioJJs Incrcasei(decrea5¢ Dfi"alue Trnjster tronj Bu¢M¢have 650.119 17,318 69.103 16.809 21,294 612.016 736.540 6iO.1I9 DF.BTORS:.4MOUNTS FAI.LING DIJE NITTItIN Oh'F. YFAR 2024 2023 Prepawts 4.(KlO io. CREDtTORS: AIIOUNfs F.4LLIYI G DUE IlYH1N ONE YEAR 2024 2011 Ae¢ru¢d &In$t5 795 10
ES TO'IHE FINANCI.4L STATF.hifN-rs- c(Iiitinucd 'OR THE I'EAR E.DED 30 So tember2 i). NIOVENIENT lli FtiNDS Prtor ye4r adjustment N¢t DJoveiJ)¢n¢ in funds At 3019124 1110tt3 Uni'estsictcd fund$ General fuiid 1.108,267 .767 81520 1285.554 TOTAL fiUNDS 168.267 34.767 82.52Q 1.28i.ii4 Neimow¢n]eiit in funds in¢luded ill Ihe abDve are as follows.. Incoming resource5 Rcsourccs ekpeiJd¢d Gllin5 and 1055e5 Movcment in fuDd5 Unrestiictod fund$ GeDeTBI fund 18,591 69,103 82.520 TOTAL FUNDS 18.591 6I).103 82.520 Crmipar*llv(¥ formoyemtntin fund5 N¢t movertient in fumds TrllnsfeTS bEiiveeii lunds At 1110122 At 3(h9123 Linrtstricted funds General furtd 504.780 698254 1,203,034 TOTAL FUNDS i04.780 69&2 1.203.034 Coinp8rative nei moTrement in tsrtds, in¢ltyJ¢d in the alx)vc 4re 85 follow5.. tMing R¢g)ur¢cs ¢xpended Guin5 and 10$s¢$ Moiemehl in funds Unrestiicted fund$ fj¢rKT&I fvnd 17.962 155.9761 542,794 504.780 TOTAL FUNDS 17.962 542.794 5(H.780 io
BUCkLEHAVEIN cHARy NOTES TO TFII FINANC.I.41, 8TATf.MES'1'S_ continued FOR TI4 , D 30 S ¢Cber2024 io. MOVEMENT IN FUNDS_ continued A ¢utt¢nt 12 months artd WiOTye4T 12 mgnths combined p)sition is as folloivs." Prior e3T ttdjus11et Nct mov¢m¢nt iji funds TraiJ5fers behveen fund$ At IllQ122 3019124 Unre5¢ri¢ttyJ funds Oen¢rnl fund 34,767 587.3(X) 69&2)4 1,320321 TOT.4L FUNDS 34.767 587.300 698.2)4 1.320.321 A tutrent yeor 12 months and piioryear 12 mortths combined n¢1 mov¢ni¢nl in fund4 included in the above are as follotvs.. I01n% r¢source5 ReurCeS Kfid¢d Movthn¢nl in funds 1055es Unres¢tl¢ted funds General 36,553 161,15Ql 611,897 587,3(h) TOTAL FUNDS 36.553 61.1501 611.897 587.3(Kl ii. REL4TED PARTS, DISCLOSURES There were no reiai¢d party ITan5actions forthe year cnded 30 Sekx¢mber2024.
Ckl RITY DET.4ILED ST_4TENI 'OR'J'JIE YEAR F FIN.4NI CL4L ACI'IVITIES bcr 2024 2024 2023 a5 Slated INCOME AND ENDOIIIMENTS Itkv¢stNontIoIe IRteie51 tcceiYable- tdIng IAI'cshncnt income frojn p)rttolio 57 17.905 18.591 18.591 17.962 Totsl incoming rosoburtey 18J9J 17,962 EYPENDrruRE Other Transfets from Bucklehaven 47,468 Supptsrttosts hlangement InsuTan¢¢ Suiidn¢$ 325 3.153 32) 2.571 3.478 1896 Gov¢rnn¢e ¢tssts Accoiinlancy Leglll Fecs Clerknng costs 660 3.796 1.156 916 1.696 5.612 Totsl resources &Kpond 5.174 i5.976 Netexwiditure before 8ains and losses 13.417 13&0141 Retslised recognistd golns gnd losses Reaiised gain1105¢S) ort fixed llssci inv¢sthi¢nt$ 69.103 21294 Netkncomel{txpendlture) 82.520 This pgse do¢s noi fonm pttrt of the statutorv fin8n¢id st4t¢m¢ots 12