¢harlty rogistrdtlon number 200693 (England and Wal•s) EVERSHOLT PAROCHIAL CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
EVERSHOLT PAROCHIAL CHARITY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr M Hood Mr P F Collins Ms C Doherty Dr N Muller Miss J Todd, Vice Chair r S Smith Mr P Richardson MrsA Blomfield Ms S Denton Mr S Collier. Chair Rev Rachel Snow Mr Dunstsn Arthur {Appoinled 14 octob 2024) Charlty number {England and Wal081 200693 Ind•p8nd•nt èxamlner Darren Croucher Bse (Hon8), FCCA, FCA. 1 Copperhouse Court Caldecotte Buslness Park Millon Keynes Bu¢kingham$hire England MK7 8NL
EVERSHOLT PAROCHIAL CHARITY CONTENTS Pag• Trusteos, report Independent examlnerf$ report ststement of financial activities Balance sheet Notes lo the financial statements 10-16
EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustegs present their annual report and financial statements for the year ended 31 Decembgr 2024. The ffinancial statements have been prepared in accordance with the aCUting policies sel out in r 1 to the financial $tslemenls and comply vmh the Charilvs Igoveming do¢umenll, the Charities Act 2011 and 'Accounting and Reporting by Chanties.. Stslement of Re¢ommend8d Practice opplicable lo charities preparing their accounts in accordanee with the Financial Reporting Standard appliCae in the UK and Republic of Ireland IFRS 1021" leffectwe 1 January 20191. Oblectlves and activltles Public benefit The folowing provides an overview of Evershdl Parochial Charity's activities for the year ended 31st December 2024. The CharAy's aims are lo support the upkeep of the Parish Church, relief of local people in need and the general benefft of the inhabilanls of the village of Evorsholl in $u¢h manner a5 the trustees think frt. The Charity achieves ils aims by making grants (called Thirds) to the Church, lo the education ot children and those in higher education or vocational training,. and to those in need via the Vvellbelng Third. As of Decernter 2024 Eversholt Parochlal Charty Trustees were as follows.. na Blomfield ulle Todd (Vice Chairl Reverend Rachel Sr4 lfr¢xn 14th gust 2023) Paul Collins Simon Collier {Chair Steven Smtth Dunsian Arthur Catherine Doherty Sarah Denton ike Hood Nalhalie Muller Pat Rithardson As e81abli8hed, Trustee meetings continued to allernale been b8ing focussed on general matters and prop mattgrs. Prop8rty meelin9s wew attended by representstives from our managing agents. Carter Jonas, vtho also provided r8port updates for those meetings and interim reports as required. Meetings in the year wwe held in Eversholt l1&Ye H811. 12th February 2024 (Ggngravcharity Meeting) 8th Aprl 2024 IBusinesslPropety Meeting} 10th June 2024 (Generallcharlly Meeting) 12th August 20234IBusinesslProperty Meelingl 14th Oclobgr 2024 {GenerallCharty Mettingl 9th Docemb8r 2024 {Bu$inesslPropety Meelingl All meellngs were also attended by our Clerk, Kafen Barkw who wepared agendas in athance and minutes of each meeting. OUT longstanding trustee, Carolyn Howell stood down al our June meeting. Carolyn 11 be much mlssed for her commitment ond conlributs.on for so many years. Carolyn sal as a representslive of Sl John the Bapti41 Church PCC and we were pleased to welcome her replxem8nt r8pr8s8ntalive. Dunstan Arthur at the October meeting.
EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Our ld agents. Carter Jonas LLP, manage the eslale on a day-ttrday basis regular communKions lo the hair. prop SurOup, and all trustees. Al the trustees August meeting it was agreed that Carter Jonas be allowed a delegated authority amount of £3,0110 to organise urgent works 81ongside establishing a reporting system. The Green Man The Property Subgroup continued lo meet regularfy with the tenants in addition to the MagIng agents overseeing the tenancy. The trustees feel this direct link lo the community is importanL Issues arisirvJ in Ihft year were cèllar flooding, chimney flues, th8 condition of the wndows and also the continuation of maintenarKe challenges a88ocialed wlh the car park. The potholes in the car part( require con$t repair, in part due to ils use by non-palrons and the impact that has on the wear and tear of the Surf?ng. Both thg tenants and trustees remain keen that the car park remains aessible to all. The Property Subgroup researched replacemenvupgrade window options and sought quotas to assist thè tènants Wtth progressing this matter. Trustees also discussed providing financial assistance from our propety refurbishment reserves as this is a Significant investment, and the trustees wish lo do all they can to ensure the conlinuati¢Jn of the pub in the wllage. The pub 15 in the Conservation Area which mean$ that permission would be required to change the windows. An architect was •ppoinlèd to prepare existing and proposed elevation$. Town planning services were offered pro bono to aFoly for ConseNation Area approval once the F4an$ ar 8¢hedules were pr&par8d. The tenants continued to report challenging trading conditions, most likely lir*ed lo the ongoing cost-of-living crisi$ and tsxation. 10 Tlngrfth Road Followng a protracted p&riod of uncertainty during the year the exlsting tenant gave noti and vacated in October. Signfficant remedlal works were undertaken, end the property was advertised for Idel whith resulted in strong Interest. including locally having been postèd on the village WhalsApp group consistent with the Charity's pobcy. 41 & 42 Watsr End Extemal decorations were carried out in JulylAugusL 41 Watgr End The charity's long-lem tenants of this propaty vacatèd for more appropriate housing. The house was in an immaculate condrtion. a lett8r of thanks was sent to mark thè end of their tenure. The trustees agreed lo refuTbishmenl works induding a new kitchen ond bathroom fittings, carwts and refreshing the décor. Quotes were received in December with works expected lo lake four months. Town Famihou$•. This propety was vacated by current tenant8 and minor refurbishments were undertaken. It was adrty'sed and was relel and omipied in November by new tenants.. Propartios & Land All other land and propeeS remained tenanted, wlh vari¢)us repalrs and rent remews LWKlertakèn 88 necessary. Energy Projoct A trustee continued lo attend meetings of the Greensand Community Energy Group ¥tho were looking 81 a number of potential projects across the broader Ampthill and Flitsvick aroa. This indudes a potential project in the Village involving solar pan8ls at the school. Their key themes are. 'Powering Up' local produdion of ele¢tri¢ity, eg solar panel5. 'Powerin9 Down' reducing demand. eg through insulali¢)n. Commuryty Heat Development (reducing reliance on oil)
EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Below is a summary of the Inme and Expendrture for year ended 31st De¢ember 2024. Income Expenditure Net InMe for the year / Nel movement in funds 116,859 77,839 39.020 The trustees and their accountants continue to manage the Charity's finances lo ensure that existng funds are sensibly invested, reseNes are manlainsd and grown for future &tiviti8s such as property refurbishments and that money is availablo for wovision of the annual Third'$ disthbution. ACcnts for 2024 werè audited by independent aceountsnts and submitted lo the Charities Commission. In 2024 a lolal of £33,000 was alloc8led lo Thirds. £11,000 10 each. a welcome Increase of £SOO por Third from recent years. al Wellbeing Third This is our most adiva Third with much effort put in by a several truslees and other lo1 volunteers, we *e so gratefvl for their kindness. time and varied conlribLition& All Wellbeing Third recipients were asked to provlde bank delai18 for if they wshed lo move to onllne p8ymenl$. Most payments are now this method, wth a few cheques and fewer cash distributions. A lolal of 20 residents received an award of £275 each from thè Wellbeing Third. In addit to these indlvldual awards the Charity also funded Vlllage Agent The Charity Contired ils commitmerbt the Villag8Agent scheme led by LzIe B8mico8L Lr22ie continued to be very busy and remains contraGled lo us for 12 hours per monlh. Lizzre offers a very valuable filendly, Sstening ear and has distribLrted varlous pracllcal aids lo help around the homp and referrals to Communty Transport services to increase independerKe. Lizzie also mplIeS and 8dits'Aboul Eversholv. A summary of actwities for 2024 were. 18 hljne vt8ils supporting 14 households 3 {newl AttendanceAllowances 1 {rgnewall Attendance Alltrwance 6 Inewl Blue Badge8 2 Irenewal) Blue Badges 2 Council Tax support applications 1 bus pass 2 quil8 significant housing iterns 36 total number of dienls induding 17 new dients Llzzle Lunche5 The monthly Monclay Lunch Club continues to be well attended. gratthl thanks as always lo those who volunteer their time. Fegdback remains positive as always with It bekng great lo see new fa¢e$ Still even with the group being so established
EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Chair Yoga Clus The aim of these classes are to help peoFle wth balance and some strength, Increase mobllty and flebIlItY, help avoid falls alongside an increased chanc8 for socialisation and to have fun. The dasses regularfy attracl around 20 atterthes from Ever$trlI and surrounding villages. Lottery fvjnding lo assl 7Mth costs was applied for in September. About Evevsholt Ih funding from both the P8rochki1 Charity and the Parish Councl the publication continues to be ery0Yl.. The nèwslètter has proved very successfLA in reinforcing the connedion$ bebveen Tesidents and also to ensure that the adivth'e$ aanged by the Parochial Charity reach a wide audience lo increase participation. The efforts of trustees involved wrth coor¢Jinaling the newetter are very much apprea8ted. Deflbrillator The Charity were asked to providé contributory funding, alongside other wllage organisations, towards the new defibrillatorwhich was agreed by trustees and is an annual c081 of £175.20 bl Educatlon Thlrd -w8 received and agreed Further Educatoon Awards initially to 10 indivtduals, subsequenUy redLKed to g individuals of £420 each following receipt of their written applications. The Cleik contacted each applicant to check they had commenced their cours68 prior lo making payment. One applicant wilhdTew their request as was no IDryer pursuing further education. These Further Education AwaTd applications are reswired to be received by the Clerk prior toAugust 31st of any year for Considèration. An 'Annual Discretionary Award, of £6.800 was made to Evershdl Lower School. Al our February moeling il wa¥ reported that the recent Otsled Inspection ranked the sctsol as 'Good'. c) Church Third .Thg Church Third of £11.000 was awarded lo the Eversholl Parochièl Church Councll lo asslst vAth the Ca of Ihe fabric of the d)urch and chufchyard. The trustees were pleased to be told of the new memorial statue %thiGh was dedi¢ated on Sunday 16th June to replace the on8 that was slden. The trustees wll continue to efficiently manag8 the estate wllh the asslstsnc8 of the managlNJ agents and accountsncy servicès lo ensure the Charity is fit for purpose. are a150 discussing the potential fN renewable energy projects and development projects alongside the refurbishment of propety 85 necesw. A key proj•¢t for 2025 1$ expected to be the replacement of windows al the Green Man pub. Wè intend lo continue wlh the varied programme of Wellbeing Third &tiwlies and are keen to broJan attendance to connect wlh as wide a demographic from our community a5 possible. Led by our Village Agent, there continues to be a good flow of new referrals and existing dienls needlng supwrt wth a broad raThJe of items, WTth some tsklng tlme to conclude that filling a form in or laknng that next step to getting support is relevanl lo their Gir¢um$tances. We also aim to contlnue suppOn9 Evershc41 Lower School 8rKI siderts undertaking further educatK)n.
EVERSHOLT PAROCHIAL CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 As the current Chair of Eversholl Paroehial Charity I would like lo record my thanks to the trustees for their commitment, ts'me and hard work whith is given freely and lo the benefft of our community. I would aso like to thank our Clerk for har valu8d hard work supporting the trustee8 and helping lo ensure that the Charity achieves its obje¢tives. The Trustees who served durlng the year and up to the date of signature of the financkwl Ststements were.. Mr M H¢)od Mr P F Collins Ms C Doherty Dr N Miss J T¢xld, VIGe Chair Mr S Smrth Mr P Richardson MrsA Blomfiold Mrs C Howell Ms S Denton Mr S Collior, Chair Rev R8chel Snow Mi Dunstan Arthur {Resigned 10 Jun8 20241 (Appointed 14 October 20241 All meetings were also altended by our Clerf(, Karen Borkor who prepared ageThl88 In advance and mlnutes of each meeb"ng. Thé Trustees, report was approved by the Board of Trustees. --aim AI Mr S Collier. Chair Chalr Dale.. 13th August 2025
EVERSHOLT PAROCHIAL CHARITY STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Th& Trustees are responsible for preparing the TN$tees' report and thè fin¥rls1 statements in acGordance w applible law and United .Jd0M Accounting Stsndard8 (United Klngdom Generally AcceFrted Accounting Practice). The law appli&ible to charities in England & Wales requires the Trustee$ lo prepare financial slaiem&nt$ for eath nancial P¢h gNe a true and fair ¥Aew of the $tste of affalrs of the Charty and of ils incoming resources and 8pplicalion of resources, indudlng its income and expenditure, for that perfc4. In Prepn9 thes6 financlal statements, the Trustees are required lo.. select suitable accounts'ng policies and then appty them consistenty.. observe the methods and principle$ of the Charities SORP IFRS 1021.. make judgments and accounting estimates that are reasonabl8 and prudent,. slate whether applicatle UK Accounting Standards IFRS 1021 have be•n folh)wed, subject to any materi departures disdosed and explained in the financial statements.. preparè the financial slalements on the 9olng concem basis wle8s11 Is inappropriate to presume thal th8 Chartty wtll continue In business. The TfUSt¢es are responslbie for keeping adequate accounting rocords that are sufficient to show and explaln the ChariV$ transactions and ¢Jisdos8 with reasonable occuracy al any time the financial positlon of Ihe Charity and onable them to ensure that the financial 8lalemenl$ comply wth the Charities Act 2011. the Charity (Account5 and Reports) Regulations 2008 and the provisions of the Trust deed. They are also reSporlble for safeguarding the assets of the Charity and hencg for tsking reasonablg steps for the pf8vanlion and detectK)n of fraud and other ir{egarit1e$. Approved by order of the members of the ljoard of Trustees on and signed on its behalfby.. -£IM AI Simon Collier Trustee & Chair of Evershott Parochial Charity
EVERSHOLT PAROCHIAL CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EVERSHOLT PAROCHIALCHARITY I report to the Tru81ees on my examination of the financial statements of Evershom Parh{al Charity (the Charty} forthe year ended 31 December 2024. Rosponslbllltlos and ba$l$ of report As the Trustees of the Charity you are responsiblo for the PreparaOn of the financial statements in aCrdanCe wfth the requirements of the CharitiesAcl 2011. I report in respéct of my ex8mSn8lon of the Chari5 finaneFal statements camgd out under seclion 145 of Ihe Charities Act 2011. In carying out my examination I have foll¢)wed the Directions given by the Charity Commission Lmder section 145{5llb} of the Charities Act 2011. Indopendent examlner's Statem?nt Your attention is drawn to the fact that the Charty has prepared accounts in accordance with A¢¢ounting and Reporting by Charitie¥'. Ststement of Recommended Pra¢ti¢e applicable lo charities preparing their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland {FRS1021. in preference lo the Accounting and Reportirrfj by Charities.. Statement of Recommended Practice issued on 1 71 2005 which 15 releed lo in the extant regUlatn$, but has been wrthdiawn. l undersland that this has bèen done In order for the accounts to provide a true and fair view Ni ac¢ordanee with the Generally Apted Accounting Practi( effects've fof r¢porting pericJs beginning on or after 1 January 2015. I have comp18ted my examinailon. I confim7 Ihat no matters have come to my attention in connection with the examina giving me eause lo bellev8 th8t in any material resped-. accounting records were not kept in respect of the Charity as required ty se(lion 130 of the CharitiesAd 2011. the financial slalements do not accord with th05e records,. or the financial statements do not compty wlh the applicable requirements conceming the form and content ol finandal ststements set out in the Charities (Accounts and Reports) Reyulalions 2LTh)8 other than any requiremert that the financial statements give a Irue and fair view. which is not a matter considered as part of an indepen¢Jent examinatn. I have no concems and have come acros8 no other matters in GonneGtion with the examinalion to which attention should b& drawn in this report in order to enable a prOr understsnding of the financial statements to be rea¢hed. This report is made solety lo the ChariVs Truste&s, as a body, in accordance with part 4 of the Chariti88 (Account8 and R8pts) Regulations 2008. My work has been undertaken 80 that I might slate lo the Charty's Trustees those matters l am required lo slate lo Ihem in on Independent Examinevs Report and for no other purpose. To the fullest extent permitted by18w, I do not accept or assume responsibility to anyone other than the Chanty and the Charity Trustees as a body, for my woth orfor this report. Darren Croucher Bsc (Hons), FCCA, FC 1 Copperhouse Court Caldecotte Business Park Milton Keynes Buckinghamshire MK7 8NL England 14 August 2025
EVERSHOLT PAROCHIAL CHARITY STATEMENT OF FINANCIAL AcnvrfiES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unr9str1ct•d Unr•strict•d funds funds 2024 2023 Notes Income and endowments from: Investments Other income 116,159 700 115,144 11.645 Totsl Income 116,859 126.789 Expondlturo on.. Charitable activrties 77,839 79,B51 Total exp•ndltuv• 77.839 79,851 Net Incom• and movemènt in funds 39,020 46,938 R8con¢lll*tion of funds: Fund balances at 1 January 2024 450,371 403.433 Fund balances at 31 December 2024 489,391 450,371 The Stateent of financial aclivi118s indudes all gains and losses recognised in the year. Al income and expendtture derive frMI ¢ontinuiNJ activities.
EVERSHOLT PAROCHIAL CHARITY BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Flxed assets Tangible assets Investments 10 155.403 2.642 155,403 2,642 158,045 158.045 Current assots Debtors Cash at bank and in hand 12 29,183 386.919 23,055 346,521 416,102 369.576 Credltors: amounts falllng dug wlthln on& year 13 (23,5741 (20,3721 Nèt eurrent assets 392.528 349,204 Total a¥8ets1gss current Ilabllftles 550,573 507.249 Credltors". amounts falllng dug after more than one year 14 161.182> (56,8781 Net assèts excluding p•nslon Ilablllty 489.391 450,371 N8t assgts 489,391 450,371 The funds of th• Charfty Unrestricted funds 489,391 450.371 489,391 450,371 The financial ststemenls were approved by the Trustees on Ilth August 2025 Mr S Collier. Chair Chair
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 A¢Gountlng poll¢l•s Charity inforniation The Charity is a régistèred charity in En&land and Wales and is unincorporated. The address of the principle office is 8 Bloomsbury Close. Wobum, Milton Keynes, MK17 9QS. 1.1 Accountlng convgntlon The financial slalemenls have been prepared in accordance wth the Charities SORP IFRS 102} - Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitss preparing their counts in accofdance with the Financial Reporbng Standard applicable in the UK a1 Republic of Irgland IFRS 102) {effective 1 January 20191, the Financial Reporting Stsndard applicable in the UK and Reput¢ of Ireland IFRS 102) th8 Chariti8sAd 2011. The financial statements have been prepared to give a Irue and f8irf view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provi¢Je a Yrue and fairf view. This departure has involved followng the Charities SORP {FRS 1021 published in Octob8r 2019 rather than the Accounting and Rèporting by Charities.. Ststemenl of RecOmme0d Practice affective from 1 April 2005 whh has since been withdrawn. Evernholl Parothial Charity meets the definition of a puLlic benefit enlty under FRS 102. Assets wd llab51ieS are initially recognised at hlslorieal cost or transaction value unless otherwse stated in the relevant accounting policy. The financial stslements arg prepared in sterfing, which is the functional curruw of the Charity. Monetary amounts in these financial statements are rounded lo tho nearest £. The financial stslements have be8n PrePad under the hlstodcal cost convents'on, Th8 PTirKipal awunting policies adopted are sel out below. 1.2 Golng ¢oncorn At the time of approving the financial statements, the Trustegs hav8 a roasonable expectation that the Charity has ade¢wat& resourc8s lo continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the golng concern basis of accounting in preparing the financial ststements. 1J Charltable funds General funds are Lmrestricted funds whlch are avalable for use * the disuetion of the Trustees in furtherarKe of the general objectives of the Charity and which havg not been designated for other purposes. Designated lunds comprise unrestricted funds that have been set aside by the Trustees for partiCLlar purposes. The aim and use of each dgsignated fund is set out in the notes to the financial statements. Re61TiCted lunds are funds which are to be used in accordance with spaafic restrictions imptssed by donor8 or which have been raisad by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specrfic fund. The aim and use of eo¢h restricted fund is set tyjt in the notes to the financial $tslements. 1.4 Income l income is recognised once the Charity has enlillemenl lo the inMe, rt is probable that the income will be received and the amount of income receivable can be measured reliably. Granls are Included In the Statement of financ4al a¢tivitie$ on a receivable basis. The balance of income received for speafic purposes not expended during the period is shown in the rdevanl fvnds on the Balance sheet. Where income is received in advance of entiuemenl of re¢8ipt. ils recognition is deferred and included in uedilors as dgferred income. Where entitlement occurs before income Is reeelved. the income is accrued. 10-
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Ac¢ountlng pollclo¥ Icontlnued Income tsx recoverat4e in relab'on to inve$lmenl income 18 recognised al the time the investment inc¥Jme 1$ receivab. Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on comFdelion of the service. 1.5 Expendltur• Expenditure is recognised onc8 th8re is a legal or constrLfCtive obligalion lo transfer economic benefit to third paity, r( is probable that a transfer of economic beneffts ¥1] be requred in settlement and the amount of the obligation can be measured reliably. Expendrbjre is classified by a¢tivily. The costs of each aclivity are made up of th? totsl of direct costs and shared costs, induding SUPPOrt costs invdved in uThYertaking each activity. Direct costs attributable lo a single activSty are allocated directly to that activty- Shared costs which ontribule lo more than one activity and support costs lch are not attributable to a single acty'vity are apportioned beeen those activities on a basis consislenl with the use of resources. Central staff custs are allocated on the basis oftime spent. and depreciation charges allocated on the portion of the asset's uso. Expenditure on charllable activities is incurred on ¢JiGI undert8klng th8 activities which furthgr the ChariV$ objectives. as well as any associatgd support costs. All expenditure is indusive of irrecover8ble VAT. 1A Tanglblè fixèd assets Tangible fixed aetS are pitaliSed and recognised when future economic bonefils are probatle and the Cost or value of the asset can be measured reliably. Taroible fixed assets afe initially rectrJnised at cost. After recognilion, under the $t modd, tangit4e fixed assets are measured al ¢osl less a¢¢umulaled depreciats'on and any aecurnulaled impairment losses. All costs incurred to bring a tangible fixed asset into its intended working coThJil1c should be included in the measurement of cost. At eath reporting date the Charity ass8ss8s whether there is any indication of impaimient. If such indication exists, the recoverable amount of the asset Is delemined to be the higher of ils fair value less c051s 10 5è11 and r(s value in use. An impaimierrt loss is recognised where the cairying amount exceeds the recI)verale amount. Depreeialion is tharged so as to allocate the cost of tangible fixed assets less their Yesual value over their eBb"mated u8efiJl lives. Freehold land and buildings NIA Gains and losses on disp05als are delemiined by comparing the proeeeds wlh the carrying amount and ar recognised in the Statement of financial aclivitie 1.7 Flx•d asset Inve$tmenls Fixed asset investments are a fom) of financial instrument and are ini118lly recognised at thr ITansaction cost and Subsequently measured at fair value at the Balance sheet dale, unless the value cannot be measured reliably in which case il is measured al cost less impairment. Investment gains aTrJ losses, whether realised or unrealised, are combined and prgsented as 'Gains1{Lossesl on investments, in the Slalement of financial activities. 1.8 Cash and Cash equlvalents Cash and cash equivalgnls include cash in hand, deposits held al call wth banks. other ShOrtem1 Ilquld inveslments with original maturities of eighteen months or less. 11
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Aetounting policles l¢ontlnu•d) 1.9 Fln•ncl•l In¥trumènts The Charity only has financial assets and financial liabilities of a kind that qualify 88 b88lc flnanelal inslwments. Basic finanaal instruments are initially recognised at transaction value and subsequenlty measured al their settlement value with the ex¢&plion of bank loans whith are subsewontly mea$ured al amorti8ed st using th8 effective inte1 method. 1.10 Government grants Govemment grants relating lo tangible fixed assets ar8 treated as d8f8rred income and released to the Statement of financial activities over the expected useful lives of the assets concemed. Other grants are credrted lo the Statement of financA81 activlties a8 the related expenditure is incurred. Intorost rgcolvablo Inter8St on funds held on deposit is induded when receivable and the amount can be measured reliabty by the Charity,. this is nomaly upon notificab'on of the interest paid or payable by Ihe in&ttution with 0M th8 funds are deposrted. 1.11 Debtors Trade and other debtors are recognised at tho settlement amount after any tradg Iks¢ount offere Prepayments are valued at the amount prepaid net of any trade diOunts due. 1.12 Liabilities and provl$lon$ Liabilities are recognised when there is an obligation at the Balance sheet dale as a result of a past event, it is probable that a transfèr of ecommic benefit will be required in settlement, and the amount of the sQement can be estimated reliabty. Crltlc•l ac¢ountlng estlmatss and judgements In the application of the Charity's accounting policies. the Trustees are required to make judgements, esumales and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions aro based on historical experience and other fadors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounlir*J estimates are recognised in the period in which the estimate is revise(I where the revision affects (lY th81 period, or in the period of th? revision and future periods where the revision affeds both current and future period$. Income from Investments Unrestricted Unrestrlcted funds funds 2024 2023 Rental income Interest receivaL4e 108.995 7,164 109,622 5,522 116.159 115,144 12-
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Other income Unrestrlctod Vnreslrlcl•d funds funds 2024 2023 Other incom8 700 11.845 Expendlture on charltabh actfvitles Total funds Total fund8 2024 2023 Dlrect costs Maintenance and repair Charitsble expenditure Accountancy and bookkeeping fees Bank fees stats'onery costs Insurance Bookkeeping Gross wages Professional fees Travel costs Charitable expenditure heading 14 11.834 40.027 1,320 65 37 5.184 1,609 909 15,300 17,773 39,197 1,260 5,71YJ 1,533 816 13.440 40 77,839 79,851 Anatysls by fund Unrestricted funds 77,839 79,851 Net movement In fundg 2024 2023 The net movement in fuThJs is stsled after chargingllcredrting).. Trustees No Tru8tees lor any p8rsons connecled wlh them) receNed any remuneration or benefrt$ from the Trust during the year. 13-
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Employees The average rnonlhty number of emF4oyees dudng the year was.. 2024 Number 2023 Numb•r There were no ernoYeeS whose annual remuneration was more than £60,000. Tat10Th The charlty is exempt from taxation on it$ aetNities because all ils income is apF4ied for charitable purposes. 10 Tanglble flx•d as$¢ts Freehold14nd and bylldirtgs Cost At 1 January 2024 155,403 At 31 December 2024 1 S5,403 C4rrylng amount Al 31 Decémb8r 2024 155,403 Ai 31 December 2023 155,403 11 Fixed asset Investments Unllsted Investments Cost or valuatlon At 1 January 2024 & 31 December 2024 2,642 Carrylng amount At 31 December 2024 2,642 Al 31 December 2023 2.642 14-
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Debtorn 2024 2023 Amount> lalllng du• wlthln one yoar. Trade debtors Other debtors Prepayments a¢erued income 6,209 18,894 15,665 3,824 29.183 23,055 13 Creditors: amounts falling due wlthln one year 2024 2023 other tsxation and social security Trade creditors Other creditors Accruals 51 3,654 15.407 1.260 3,252 15,407 4,820 23,574 20,372 14 Crnditorn: amounts falllng due aftor more than on• yoar 2024 2023 Other creditors 61.182 56,878 16 Unre51Ticled funds The unrestricted funds of the charity Comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. Theso indude designated funds which have been set aside out of unrestricted fvnd$ by the Irustees for speu.fic purposes. At 1 January 2024 Incomlng Resourc95 resources expended At31 Doc•mb•r 2024 General funds 450.371 116,859 177.839) 489,391 Previous year: At 1 January 2023 Incomlng Resourc•s resour¢gs oxponded At31 D•c•mber 2023 General funds 403,433 126,789 179,8511 450,371 15-
EVERSHOLT PAROCHIAL CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Related party transactlons There were no disdosable related party transa¢ts'on$ during the year (2023- none}. 16-