BUSINESS ADVISORS. The Mary Hatch Almshouses with Diamond Jubilee Cottages Limited Financial Statements For the Year Ended.. 30 June 2025 Regislered Charity No.. 1202809 Registered Provider of Social Housing Number: A3909
THE MARY HATCH ALlA&lIXrnI DIAMONO JUBILEE corrEs coKrENTS OF IHE FNANOALSfATEMElS FOR ThVE1 ENDED 30JUNE 2025 Repon ofth• Trnst• I to 3 Ind•p•nd•nt ExamlnErfI R•port Stqmont of Hn•n¢F•l Ptk¥ttl•s She¢t Notosto th• Anan¢W %•tem•rts 7 to 17 D*t•ll StstThrt of Fln•nd•lAafv•ltl•s 18 to 19
THE MARY HAT04 ALMSMOUSESWITH DIAMOND JUBILEE coAGEs REPORTOFTHETRU5TEES FOR THEYEAR ENDED 30JUNE 202S trvrtees present their report th flnantlll statements of thè charlty lor the year ended 30 June 2025. The trustees have adopted the prOS1on$ of Accountlng and Reportlng by Charfttes.. Statement ol RecornrneThded Practlce appllcoble to chrltles prèparlryd thelr accounts In accordance wlth the Flnanclal Reportln8 Stsndard appllcable In the UK and Republlc of Iland IFRS 1021 leffertlve lJ¥nuary 20191. The financlal statements have been prepared In accordance wlth the accounfjng wllcles set out In notes to the ¢counts on paS 7, 8 and 9 and t)rnply ¥th the ¢h•rlty'$ 8overnln8 dLurnènL the Ch8rltlÈs Att 2011 and Accountln8 and Reportyng by Charlls'. Statement of Recommended Prattke appllcable to charftles preparlry thebr accounts ITr accordonce th the Flnandal Reportlng Standord applkable ln the UK and Aepubllc of Irelbnd publlshed In October 2019. OBJECTIVES AND AcnvmES Oblertlv•s and alms The obleLXs of the Chaty ara: lal the rellef of ed aMont lThhablt•nts of the rIsh Jnd nehrIng parlshes the prkwlslon of housln88ccommadatlon,' •nd Ibl such other charltatsle purpose$ lor tht btnéflt of the resldents of the xcommodatlon provlded tht tharlty as the trustees maydeclde. pplkatlon tsf lficome The net Income shall be applled flrst to repolr, Insure and meet all other out8oln8s In respect of the Charltls propertles and •ll proper Costs ol the Charltrf5 èdrnlnlstratlon and management Thereafter net Income shall be pplled forthe benefltof ihe •lmspeople of the CharllV- SI¢•nt •rtlvlthi T Charlty currentty provld•s s+x •lm$knuse prop•rtles Its alm Is to ut1115e these as far a5 Posslble to meet the oblectlve5 of the Charlty. Publlc benefft These activltles are consldered to be for the put41c teneflt and In runnlng the Charlty the Trustees hive re8ard fcf the CharltyCcfflm155lon guldance on publk tenefft. ACHIEVEMENTS AND PERFORMANCE Charttable a£tlvllle$ The trustees ore commllted to Welfa of the resldents and propertles entrusted to the tale ol t charlty. Progre55 has teen made wlth the Implementatlon of the recomrnendatlons fram Ihe qulnquennlal suryeyor. The trustees hwe also encouraged • vlsits wrIMMet0 all resldents. FINANCIAL REVIEW Flnaneial poslih7n The Charlty's fincIal posltlon Is as set oul In the Balance Sheet on p8ge 6and lsconsldered s•tlsfoctory. R•ser¥e5 polky The Chèr4ty's pollcy on reserves Is to malntaln sufflcierbt reseNe$ to enable the Chartty to contlnut to achlevt tts prlnclpal owrtlvès. FUTURE PLANS The trustee5 will continue to Implement the qUIqnlal suNey ¢9mMendatIonS to maintaln ¥ SUStslnable Stsndard of houng$toCk.
THE MARYHAT(H AiMgIOUSES VIITH DIAMC40 JUBILÉE corrAGÉS REPORfOFTheTrusTÉES FOR THEYEIWI ENDED %JUNE 2025 Govemlngdowment Charity is govemed by a constitin datoj 3 2023 as arrnded tyresolutknns dated 13 Marth 2025 and 25 September 2025. As VacaleS for Trustees arise are 5Lwght frtyn CaidateS knNn to the Tw5tee5 and other yjitable local Feople. Appliwts are ihen (ty11ered the Trustees and m¥Je by resdution (rf the Tnt5tee& Oryanlsatlonal stnKlure Day to thyadrnlni5tra0n oftheChw6tyts(arrled the rekvts totsTnrtee> Inthictlon and traknkngofneWtnees New Trustees are leted by the lle the e>i¥ifj% Trn5tees on the ¥nd atbvitE5 of the Charity. They are provided with a copy ol the Charitycommlsslon puNkat•)n Tr Essential Tr- detsifing trir reSwsitrbts aryl providlng guIdae bel a T[$t& New Trustees a ith a (ow cl tt awrity lne aTrJ the latest account Related partles There are no ot[ thaiits lated to M¥y Hai¢h wth DlanKd Jubilee Clerk to the Charlty15 also CktO (ther mshSedr[L1e> Rtsk mawemrt The trustees ha% a dvry to Idenffji and risks tc tth¢h the dwiity is e¥wsed arvj to ensure apwowate controls are in plxe to Prde reasonable a5suraKe aÈain5t frwd and ermr. ThrouKh the emph)yment of wofessknI ad¥isers the Trustees seek to engrt th•t Charivs malla8e and dls)n maknng processes t* full accojnt of. and cryly th. begtstaiion and regulatcrfy contror Insuran Sncludlii IwoP¥tyow5hlpaI putrJK &ablity i5 SSeSsed anNalty. REFERENtsAND ADMINISTrATIVE OEfAiS Rewstered ur[ty Trumber l¥rncwaladdress 286 Mersea Road Colchester E55ex C02 8QY Tntstee5 Mrs C P•8e- Chw R Fuller Mrs SWi150n {rgned iW9ns1 Mrsj 8ullman Mrs Cftwett IregAned 29iiof241 Mrsv Landreneau Mrsz PÈpT lapwnted 12/IV241 O Heffron lappSnt& iV6n51
THE MARY HATCH ALMSHOU WITH DIAMC*4D JUBILEE corrAGES RepoRT OFThE TRusfEES FOR THE YEAR ENDED 30JUNE 2025 REFERENCE AND ADMINISTRAYIVE DEfAILS Independent Exomlner Slmon Welll TC Group Accountants Town W811 House Balkerne Hlll Colchester Essex C03 3AD Sollcho mthony CoTrlns Solkltors LLP 134. Edmund Street Blrmln8hbm B3 2E5 a•rk toth•th•ilty Ajlson Smlth 286 Mersea Road Colchester Esse C02 8QY Approved byorderof the board of trustees on 2 December 2025 and sl$ned on Its beh•lf bv.. Mrs C P•8e Trustee
INDEPENDENTEXAMINER'S REPORTTO IHE TRiJSVEESOF THE MARV HATOI AiMSHOUSESWITH DIAMthND JU8ILEÉ CoTrEs Independent eKamlnerfs reportto thetrusteesofThe Mwyltstth Almkn¥Ath olamoTh1bll11 Cottagqs I repxt to the charty tnjstees on my examlnatlon of the omnts d The Mary Hatth Atrn5houses wAth Dlamond Jubilee CottsRes lthe Tru5tl Ithe¥lar ended 30June 202 e5ponslblllllesarMI baslsof report As the charity trustees ol Trust you are respons fi¥ preparnIic ol the ac£cwnts in accord•e wlth the rewlr•mentsolthe (fvrfftskt 20111l ki'l. I fp)rt In resFd d my e%amlnatbJn d the Trust¥ acctyJrrt5 rrIed out under Secuon 145 of the kt and In carrWn8 ¢yJt myexamlnatlon I have folled all appltat4e DectiONS givén t Charlty Commlsslon under Sectlon 145(5llbl ol ACL Ind•pthd•rf •x•mlnSA•fftlhf I have COpIe1¢d my ex•mlN•tbn. I conflrm thlt no ma1¥1 matters Iw4e to my attertlon In cffinecth)n vlth thè exarnlnatlon virq mecause to bel% that Inary moterlol resrt: •¢couniiry rttordswue lpt ITh respect dtrYrust ¥ rtqulrtd IV Sedon 130ofthe ACL. or the accounts do rE accord 4th those rectyds.. or the accounts doTr)t tomptywlth theapF4kable rwulrements CorternI the frn content ofaccounts set out In the Chorftles Ikcounts and Reports) Rrful•tlo 2rJJ8 ¢xhtr trt •ry requlrement th•t the xcounts 814% a true orKI talrtllewwhkh Ls Njta mattefconsklefed •$ p•rtof•n Irtrndent eurnIlI. I have M concefns ha% come •¢ross no matrers In c(1¥¢1Son Tth the to whkh •ttentlon shouhj be drawn In threF<rt In ordertotnth •rMOperundeWdn& ol tr Kcounts tobe reKW. 51mon Welll CertlfltdA¢<ountsnt TCGroLJP rtrwn Wall Housè 8alkeme Hlll Colchester Esséx C03 3AD 3 Oecember 2025
THE MARYHAT(H ALMSIIOUSES %IIITH 01AM(411 JUBILEE COAGEs STATEMENT OF FINANCIALAcnvrs FOR TYEAR ENDED 30JVNE 2025 Period 24&23 YearEnded 3ty&25 TrAal funds 30.6.24 frJnd5 funds funds INCOME AND ENDOWMENIS FROM athble arti¥115 Atmshouse èrtNity 17,540 I$nent lrtco Other IrMe 116 8.116 3,425 1.241L63 Tr81 1,263,028 EXPENDJTURE ON Chariiableartivitles mshcrtjse aCtlty 39.127 39.127 16,891 9.923 9223 L246,137 Net8¥ir6 M investments 5.747 5.747 7,136 NET NCOME 15 1,253,273 otherrem1Sed 2aknsll1055e51 Galns rm revaluaiion of thd assets 34.835 2q451 Net rn¢¢nt knfunds 50J05 L273.724 RECONauAnoN OF FUNOS Totsi funds t¢xhtf0fird 4U4Jb48 139 273.724 TOTAL FUNOS CARRIED FOIIWARD 1.273.724 coMnNUING 0RATIoNs I Inctsne and eXpr[re ha$aSenfrlYn cortijwirs thltle&
THE MARY HATCH ALMSHOUSESWITH DIAMOND JUBILEE COYYAGES BALANCE SHEÉr 30 JUNE 1025 2015 Total 2024 Total funds Unrestricted fund5 ReStrted funds Notes FIXED ASSETS Tan8lble a55ets Inve5tmeThts io li 938,081 207.496 la976 L077.757 Z07A96 1,042,922 193,843 1,145,577 I3976 LZ85253 1,236,765 CURREPIT A55ETS Stocks Debtors Cash at bank 12 13 475 1.185 4017 475 1,285 40.517 200 2.993 3&353 41277 42.277 44546 CREDITOR5 AmOuntsfalllngduethlTrOr* year 13,3011 .3011 145871 CURRENT ASSETS 38.976 TOTALASSEfs LESSCURRENTLIABIUTIES 184.553 139.676 1.324.229 L2Th724 NET ASSETS L184.553 139,676 1,324.229 1,273,724 FUNDS 15 Unrestricted funds Restricted fuTrJ5 1,184,S53 139,676 1,134,048 139,676 TOTAL FUNDS 324.229 1.273.724 The flnandal xatements weie approved by the Bwd of frusrees and authorised for Issue on 2 December 2025 and wère signed on Its behalf by: CP4e R Fuller Trustee Trustee The notesform part of these flnancSal ststements
THE MARYHATCHAIMSItrOUSES wmi DIAMIJ4D JUBILEE CoAGEs IIOTESTO IHE FWANCIALSTATEMEtITS FOR THEVEAR ENDED juNE 20ZS On lJaroJary 2024 thÈ acves. assets. liabl1e5 aTrJ funds and reser%s of The Mary Halch AmshoLEse5 with DiamoTrJs Charity (Charity Rrystratn Number 2703721. referred to in these finantytil sMements as 'dd tharity., wtretMsferred tothis Chwity. ACCOUNTING pouaES The chwtty cLwtitute5 3 pU1C terfit entity as deffined FRS 102. Tr accounts havÈ been prepared In acCOrdar with Accoun¥n8 and Reporting ty (hartiles.. 5tstement of Recommended PractKe IKIRPI 3ppIKabk to charity.es ppariBthar accounts in withthe naal ReporbnE Standard alIcae in the UK and RepuNK d Iretand Ued in CttoEer 2019. Thnanual Rewtin8 andard applicable in the United Repul of Ireland IFRS 1021. the Chaiitbes 2011, and UK Generalty A¢pted The accoJrts are wepared nE the histt¥Kal cost arcour8 rules exept that that freehckl woperbe5 O Inclthled at valuadon atsj In¥5tments are I1jed ottheir market value. For the purws of pres•)tstlon the flnandal sratements are r(rtded to the rast pouThJ sterllng IE) and a InduSe ofvalue AddedTa Whilst tlms crity a Retsered SLial FryhJer fc4knMry the issue of Th g)RPsfor t#)th Charities and Registered Providers for a(cwntsr peri¢)Js cOmmerg on or after l January 2015, these acctyjnts are prepared in actordarte wth the apFItse tharity SORP sitxe its sxintipal athlttes are not goverd Landbrd andTenants kt 1985 arKI areforcharitable purF) Furthl Unrestricted fvTrJ5 are availabk to Spe[ on acMEs that further arry of the wrpJse5 of Charity. DeSnated fund5 are unre5trirfed lund5 of rharrty tru5tee5 at thEir Jiretion to set ade to use for a SFdfic purpcse. Rertrfcied fvnds are hJr>Js wNch the doThy has spedfied are to be solety used for partular pufpw. GOI((eM The accounts ore wepBred on o E(xng corKern l>asis aStlE are moterial UertaInle5 olx>ui the Charitrfs abllly to Income All incorne 15 recogni1 in the Ststement of kb¥iiie5 orKe charity hos entlement to the fund4 it is probab1h3tthe income will te receEd and ntCan te measured lIab. IrcThe from Eovernment aNI other grarty whetFw '(ztikf w'reu& grants, 15 recrynid when the Chtrlty hasentidemrt to thefitrvJ4 any perforynare LorJilions attadd to tgrants have been mel ft Is pmbable ihatthe income bÈ I1d ar¥J the am(xJnt(3n be Inered ieliablyand ts ntst deferred. For legèoes, entitment is taken as tF e¥fr of date on whKh eitr the (harty is awao that rxobate h05 been granted, the eslate has been finalised and nfiCatiOn has been Made by the exec5) to the Chartythata dWlbJtSfy) wll be made. ¢y when a Is rtrehtdfrtyn testste. DonaUons otr wluntsry irtome refle£ted In the acr¢Junts forttt peri1 in Ihey are receNed. Donations in klnd are recognlsed ty the Charity vthen reCed except in the case of se$ tffovlded free or undervalue byvoluntsrystaff or othets whKh are not reF*Lted xcounts.
THE MARY HATCH ALMSH(wwrThi DIAMONO JVBILEE CoAGEs NOTFSTO THE FINANCIAL5TATEMENTS-cwtlnued FOR THE YEAR ENDED 30JUNE 2025 ACCOUNTINGpouaE5-canttnued Interest Recelved Interest on funds held on depOt Is Induded when recVable the amount can be meawred re&ably bythe Charity,. this is noimalty upon notrfication ofthe Inte$1 paid or poyalAe bythe Bank Expendlture Liabilities are 081$ed as expendi as 500n as there 15 a legal or ¢ofistru¢tvÈ obligation tcxnmiltlng the charlty to that exp2ndltur4 tt fjs probable that a transfer ol economSc benefits wlll be requSred in settkment and the amount of the c&ligation can be measured reliably. Expendlturels accounted for on an 3ccfua15 basis and has been cla551rd under headin85 tt a8&¥egate all c05t fftlated tothe tegOry. Where costs cannot be dlrectly attrIlted to partkutsr IRadlngs tty haye been allocated to at*S on a basls conslstent ¥th the use of re50urtrs. Repalrs and Malntg)•n¢e of Prnpertles The charges ln the Statement of nancIal Attlt5 In respett of cycl11 ma1ntenan Extraordlnwy Repairs feflect the Tru5tees' constant concern to keep the properties in good condition, and a in accordance with the Almshouse Assoclatlcns, recommendation that Almshouse Charltles sjId set aslde each year spectfic sums in thi5 respert. Transfers are made frorn the Revenue Reserve each year to the Exttoordinary Repalr ReseNe to cover extraordinary repair$ as they arise and to Cyclical Maintenance Reserve to cov repairs whicharise cn a cyclical basi& Support Costs The (haritvs govefThance costs are allocated entlrely to the Almshouse Costs slnce SUFPOrt costs reladng to 0theracfv1eS are ¢onsideied immaterial. Tangible fixed assth$ Housh)E Propertles The hou5in¥ properties are induded In the accourts at their Insurance relnststement val. Addltlon5 after each raluatiOn are included atcostvntil a further revalu3ticn. The c05t of refurblshment and Improvemernts to the exlstlng proFerty are wrltten off to Revenue ReseNe a5 Incufred. Any maitir 1mprÉhmeThts orexten&ons to the propertyare cataliSed. Revaluatlons are perfomied sufflclent regularity to ensure that the carrwng amounts are not rnaterlally mlsstated and on thi% bosi$8re notdepreuated. Stock5 Stocks a valued at the I0r of tost arKI net all$able lUt, after rnakln8 duè all¢)nCe lor obsolete and Slow movin8 Items. Investments Investrnents are shown on the Balance Sheet at t1r market value. Chan8es in market values durlw an attountini prKJd are refietted in the accounts as unrealised galns or10sses. UFQTh dtsposal of an investment the dlfference betrween original cost and tlisKx)sal preedS is reflected in the accounts as a re•lised 1n or loss and an adlu5tsnent Is made to unrealised gains losses to reverse unrealised movements In value In earfieryear5.
THE MARYHATOI ALMSMOUSES wrTri DIAMONO JUBILEE coAGEs NOTESTO THE FINANcIALSTATEMEP. ¢ontlnued FOR ThEYEAR ENDED 3OJUNE 202S ACCOUNTING pouaES. Contiiued Debtors Contribution5 and other debtCf5 are recoEnised at the settlemeTht amount due. Prepayrnents ate valued •t the amouni prepalo neiof any tyade disc(KJntsdue. Cash at Bank Cash at bank and $h in Iland indudes cash and short temi hiEhty liould invettments wlth a short rftaturfty of three monthsor less from the date of acquisition or opening of the deposit orsimilar account. Credltornand Provlslons Credltors and prfwlslons are rec4nised vjhere the Charity has a present obligation rewltinR from a past event tt wll probabty result In the transFer of funds to a thkd party and the amount due to setde the ol83t10n can be rneasured or estlmated rellably. Credltor5 and wowslons are rnrmally recognlsed at thelr Settment amount after allty•iing for arbytratle discountsdue. Tèxlon The charlty Isexempt from tsxon Its charfjtae acdvltles. INVESThfjENYINCOMÉ Peri¢>J 24.4.23 Year Ertded 30.6.25 30.&24 DI¥endS re1¥able Accumulated shale dwidends CeIvable COIF dep051t ntInterest 1,273 2.115 3? 5.181 &116 3,425 For the year ended 30 June 2025 a£aJmulation share dniidends have been accounted as investment additions aTrJ Investment IrKome. The comparatwe 3mounts for the year ended 30 June 2024 have been reclassfjfied to reflectihe acajmulatlon share dldendS¥S For the ye¥ ended 30 June 2024 the total investment Iorne h05 irKrea5ed from £1,310 to £3,425 with the net galThs on In¥stments red1 from É9.2SI to £7.136, refte¢tin8 the total a¢¢uftwlatOon share dIdendS re¢e4ved of £2,115.
THE MARY HATCH ALMSHOU5 WITH DIAMOND JUBILEE COThAGES NOTESTOIHE FINANCIALSTATEMENTS-c¢)ntbwed FOR ThE YENR ENDED 30JUNE 20Z5 INCOME FROM cHARABLEACnViES Pe 24.4.23 to 31).&24 Vear Ended 30.&IS Alm5hou5e tI¥lty Corttrlbutlons receniable Lossesfrom vacandes 40.934 19,388 11,8481 17.540 CHARITABLE AcfiviTIES COSTS Direct Costs (see note 61 SuppLYt costs Isee note 71 Tota15 Alm5hovse 29.591 936 39.127 DIItEco5Ts OF CHAR ThABLE AcnvmES Period 24.4.23 Year Ended 30.6.25 3Q6.24 Vacant propertyc05ts Insur¥n Central heating 011 Repalrs and malnten8nce Extraordlnary 1T$ Cydical repalrs Gardening Careline &Jndryexpense5 Bad debts 232 921 1681 1.926 21,3 538 794 3.538 390 171 174 11.0141 371 -io-
THE MARY HATQI ALMOlTH DIAMOND JUBILEE cOAGEs NOTESTO TrIE FINANaALSTATEMEPll5. ¢utthwed FOA THE YEAR ENDÉD 30JUNE 2025 SUPPORTCOSTS Managemert TotsLg 1700 9.556 &JppJrtcosty the ab. are asfoll. Perood 24.423 Ye•r Eryled 30.625 3Q&24 msh(MJse aCtIty mshouse rtiwty Trustees. runerathetC Clerkfee5 5ub¥riptrons IndeFendent examlnatlLm fees Accojntsrcyfees Legal aThJ prOfeOn fees 528 4.270 343 210 10.S57 TRiISIEES' REMUNERAIIC4AND BENEFITS There were rn truS¢S. remunerati Itar ended 30 Mne 2025 nor for the period ended 30June 2024. Or trustee was relmbursed trwl1l ewenses of £30duth8 theyear eThJed 30jUr 2025. No trustee5 were reimlwr5ed duringtheyeareTrJed 30jUr 2024. -li-
THE MARY HATCH ALPASHOUSEswifH DIAMCWD JUBIlEECOAGEs NOTES To niÈ FINANaALSTATEMEllls.CLtTd FOR THEYEAR ENDED 30JUNE 2025 UrYe5tsicted Reirted funds funds T¢)tal funds INCOME ANO ENDOWMEPITS FROM thaiitable attltIeS Jmshouse xtivoty 17 17.540 InvestrnentirKon Ot1 IrKome 3,425 1.102.387 3.425 1.242.(63 139.676 Toial i.U3J52 139.616 1 263.028 EXPENDrruRE ¢Y4 Charitableactmts Afmshouse xtfvlty I61 iQ891 I,1(,4 139.676 L24fi137 Net gains on $ne1$ 7.136 14COME 1.113.597 139,676 1.253,273 Other re(¢J8ntsed g3w[b)sses} 68in$on rev1vc oFfwl a55ets 20,451 20,451 L134,048 139,676 1,273,724 TOTAL FUNDS CIRRIED FORWARD i.W.048 139,676 1.2rtn4 YANGIBLE FIXED ASSET5 Houstng propertles COSTOR VALUATION At l July2024 ReWaltI¢5 1044921 At 30June 2025 I077,7S7 NEf BOOKVALUE At 30June 2025 1,077.757 At 30June 2024 The hfNJsln8 praFrbes are stated at vdUatiO teir¥ at the IngJraKe re6nst&ementvalue asat 30jU 2025 £1,077.757wNch the trusteescderto be ThfKath*olthef•rvae osat 30JuThe 2025.
THE MARY HATCH ALMSHOUSES WITh DIAMOND JUBILEE COAGEs NOTESTO ThE FINANCIALSTAIEMENTS- contlnued FOR ThE YEAR ENDED 30JUNE 2025 io. TANGIBLE FIMED ASSETS. contlnu Costor valUa¢]n èt 30jU 20251$ represented ty.. H¢$18 prop•rtl•s Accumulated revaluatlon galn5 Cost 8M.622 23> 135 ii. FIXEO A55ET INVESThIENTS Llsted Investments MARKFf VALUE At l July 2024 Addltlons Revaluatlon5 193.843 7.906 At 30June 2025 207Mgfi NEf 8OOKVALUE At 30June 2025 207,496 At 301une 2024 193,843 Thèré were no Investnt a5set50Utslde the UK. Cosi orvaluatk)n at 30June 2025 Is represenied ty.. Llsled Inveslments Accumulated revaluatlon 8alns Cost 76.444 207 -13-
THE MARY HATCH AlmSHouwml DIAM(hND JUBILEE cOAGEs NOTESTO THE RNANCLALSTATEMENT5.iWJed FOR IHE YEAR ENOED aoJuNE 2025 12. 2024 Stock of heatlryoll 475 11 DEBT. AMOUNTS FALLI46 DUE WITHIII [ YEAA 2024 Contrltrtrtlons In arrears Prepayments and acuued I¢¥ne I& CREDITORS: Amiwills FALLING DUE wm140NEYEAA 2024 ContrllNJiloN In Oiher Creditors kcru41s and defeffed IrKome 1,108 1.834 1,645 301 4,587 I& MOVEMENT IN FUNDS Net mo4ement In luTrJ5 Transfer5 betsen funds At L7.24 30.&25 Unrtstrfcted funds Rtvenue RtseThe Cycllcal Malntenance Rt5eTh Éxtra(dln¥y ReIr Re5er%t HtyJ51r¥ Prcputy Revaluatlon Reser% 167,083 IOJ97 145601 In6 171120 74939 89.872 844.622 i.U4.048 sojos i.U4S53 Restrfrt•d funds Social HousiryGr•)i Fund TUdorTntGranl FuThl 14676 134676 TOTAL FUNDS SOJ05 I3Z4229 -14-
Tr(E MARY HAYCH ALMSHCrtISEswfiH DIAMOND JUBILEE COAGEs NOTES TO IHE FV4ANCIALSTAIEMEPITs-rIh FOR THE YEAR E)ED aOJIN4E 20Z5 MOVEMENfip4 FuN0S-¢th¥ned Net movement In fvnds. IrKluded In tre abty are ès fallw: Irthnlrv Teswrces Reswrces expethd fj•ins wd losses Mts¥ement In lunds Unr•st¢l¢ted fvnds Re¥enue Rese Cycllcal MaIntenae Reswv Exrr•orrflnw Repalr Reserve Houslw PrcwtyRenlu•tlon Rese 44.756 1352931 10.597 3,019 1565 TOTAL Fl05 49.0 39.1271 50,505 Comp•r•tfv•slor mtr4•m•rt kn lun Net Transfers At 30.6.24 In fwds Revenue ReseTh Cycllcal Malntenano Rew44 Extraordlnary Aepalr Reser¥e H$18 Property Rev•lv¥ik>n Resth 180.329 63,622 80.310 1112461 562 167,083 73,184 83,994 L134,048 I4,01$ R•sErl¢t•d lu1% Socl•l Ilousi8GrMt Fund TudorTrsJst Grant Fund 134,676 134.676 139,676 139,676 TOTALFUNOS 273 724
THE MARY HATOI ALMSHOUSES WITH DIAMOND JUBILEE COTfAGES NOTES TO THE FINANcfALSTATEMENTS-contknued FOR YHE YEAR ENDED 30JUNE 2025 15. MOVEMENf IN FUNDS. contlnued Comparative net mvdement in funds Induded In theabove are as follows.. Incomi ReSrS expended Gainsand 104es Movement In funds resources Unrestrf¢ted funds Revenue ReseNe Cyclkal Malntenance Reser Extraordinary Repalr ReseNe HouslngProperty Revaluatlon Reserve I,121 6&683 77,212 789.336 111,2391 15,6521 1,447 2,591 3,C138 20.451 l&J,329 63.622 ,310 809.787 1,123,352 116,8911 27,587 1,134,048 Restrfcted funds So¢ial HousingGrant Fund TudorTrust Grant Fynd 134,676 134.676 139.676 139.676 TofAL FUNDS 1263.028 116,8911 27.587 1,273,724 Soclal HouslngGrants Fund The Sc(ial Housing Grants Fund Is a restrlcted ftsnd and represents grants receNed of É82,447 forThe Dlanortd Jubilee Cottages in connectiory wtth the houslrE property ImprovemeThts at 60. 62 and 64 Hl8h Stree¢ Wcken and £S2.229 forThe m$h0$e5 of Mary Hatch in corn(¢1¢)n the housin£ property imwthtments at 22, 24 and 26 Northstreet Wlcken. TudorTwM Grnnt Fund The Tudor Trust Grant Fund Is a restricted fund and rePSents a grant reIVed of £5,(IX) for The AJmsl)uses af Mary Hatrh in connection with the housing property improvements at 22. 24 and 26 North Street Wicken. Cydkal Mainternance Re5eThe The Cycllcal Maintenan¢e Reserve is unrestricted but desi8Thated by the Trustees to crNer the cost of cydical repalrs as they artse. A transfei to the SerVe is made each year from the Revenue Reserve of a specific amountaBreed by theTrustee5. ExtraordlnaryRepalr¥teserve The Extratydlnary Repair ReseTht Is unrestricted degnated ty the Trustees to covei the cost of extraordlnary repalrs as they arise. A translerto the reser%E is rnade eachyearfrom tFE Revemje Reserve of 8 specfficarnrJnt zgreed by theTNstees. Houslng Prowrtles Revaluatlon Reserve The Htsu$in8 Property Revaluatlon ReseNe Is represented ty the accumulated surpluses on the revaluatlon of hou51rE propertle Revenue Reserve The Revenue Reswve represents part ol t acwmutatsd yjrpluses of the Ctharlty aTrJ Is avallable for the Eeneral purpjsesof the Charity. -16-
THE MARYHAT(H ALM%1OWW DIAMaND JUBILEE coAGEs NOTESTO THE FINANaAL5TATEMEPIt5. FOR ThEYEAR ENDED 301UNE 1025 I& AELATED PARfi DISaOSUIIES ThereWe no lated partYirnnsaCfthear ended 30Jw 202% 17. The Charity i% ieEistered wth the Charity CL%nmission as a Chattthble IrwKX)ration OrEani5ation. the Regulator of Sodal Housin8 loriginallythe Fk)uSI C)ration} as a R4istered Pro¥ler of Sr*lal HS1 and with the National AssrKiation of MsaseS as a Rqistered Mshjs tharlty. -17-
THE MARY HATCH ALM5HOU5E5 wrTri DIAMOND JUBILEE COThAGES DEfAIiEO STATEMENT OF FINANOALAcrIvs FOR THE YEAR ENDED 30JUNE 2025 Perd 24.4.23 YearEnOed 30.6.25 30.&24 INCOME AND ENDOWMENT5 Investment In¢orne DIdendS recehjabl Aecumulated share dividends re¢eivable COIF deposit atcourbl interest 2.865 5,181 1.272 2.116 37 8,116 3,425 Charftsble actlvltle$ Contrlbufjons recefvable Lossesfromvaconcle5 40,934 19.388 11,8481 40,934 17,540 OlherlnEome 1rtrodurtl offrjnds 1.242.063 Total incornlng reSoUe$ 49,050 1,263,028 LNPENDThURE Charitable adivities Vacant proFerty costs Insuran Central heafjrg oll Repairs ond maintenarKe E%traordinaryrepair5 Cycllcal repairs Gardenlng Carellne Sundrye4]enses Bad debts 155 921 2,681 1,926 Zl,379 S38 775 371 232 443 I,fA)6 794 3,$38 390 171 174 11,0141 29.591 fi334 Supportcosts Management Trustees, expenses Carrled forward 30 30 Thls page doe5 not form part of the statutoryfiThancfjal statements -1
THE MARY HATCH AiM5HOUSES wmi DIAMOND JUBIiEECoA6ES DeTAILED5fATEMENTOF FINANaALACIM FOR THEVEAR ENDEDXIJUNE 2025 PerK)d 24.4.23 YearEnded 30.6.25 1.&24 Manageme Brou8ht forward Clerk fees subsuipb.ons 4.270 343 278 4.613 GoverNancèsts INleperKlentexarnirwtioThfee5 Accountarty fees Legal and Woleon31 fees iio 12(W) Totsl re5tyjr5 expended 39.127 16,891 Net Income 1.246.137 Thi5 pagedoesnL* fomi part ¢rfthe SOryfinJnool 5tstements