REGISTERED CHARITY NUMBER-. 201218 Rep1 ol IheTruslees and Vnoudited Hnancld Slolen*nls fry the Year Ended 31 M(wch 2024 Hlller Aknshov5es Brewets Ch(wtered Acc(xJntants BouTne House Queen Slreel Gom5hall Swey GU5 9LY
HIUlerAlmshouses Contents of Ihe ffnancial Slatements forthe Yeur Ended 31 Morch 2024 P¢Jge Rtport tsf IhèTrvstee5 Independent Exorrinerf5 Reporl ststement ol Fjnonciol AclFvities lon¢e Sheet Noles lo Ihe nancIal Stalements 8 10 13 Delailed Slatementof Financial Acfvllie5 14 10 15
Hfier Almshouses Rewt olthe Tru5tee5 r¢r Ihe Yeur Ended 31 Morch 2W24 Ctsnstlbjtlon The Chonly is otso known 0$ H¢lier5 Chottly Reg rK). 201218 arKI operates frrm HilAer House. Fomhom Rood. Guildlord GU2 7Lr. The Charity'5 govemifflg docum1 is o Choity coMffutyc Scheme dtsted 31t October I5 Ilast omended 6th February 20061. SIIUCWRE GOVERNANCE AND MANAGEMENT REFERENCE AND ADMINISTRATIVE DETLs tr Phillip Stocey App%Wted 4.5.23. Chorwith erfecf from 12.2.24 Movreen Hibberd Ch(x- t)OS5ed away 28.1.24 Or Svson Snosholl bhs Nolhoffie AntO&net Mrs Jo Radley Ann Mrmark tyon lth Saroh McKenie trs Lovise Piper Appcxnted X>.5.24 The Charity ho5 QPPCNnted Ihe Offtciol Custorfk)n fu Choites 0$ the reWered rxoprietor WTkh the Lond Regstry. The Potron.. The Right Hon(xKobk The Eod of Ihyow. The trustees are aided in wnniThJ the cty by the cknklmunoger. The ful bwrd of trustees meets 3 time5 per ye¢Jr. Ihe choirmon ond clerklrTh)noger meet cx) o Morntt) t$$ and eOUrage ot least one other ffijslee to join ol of Ise meetings. The oppolnljng bodles ore= Ciurch Meeting of Guildlord United Rel(Kmed CPHJch Ptyochiol Church Council ol the EC¢%0$10l P(xtsh ol si Trfthkjs. Guildfixd TrvsFees ol Guildford Ivlethodisl ch. The Churfty's: Reprybn9 Accounlanl Brewer5 Chortered Accounlant5. Boume Hcrtjse. <knen Sl. Q)msholl. GU5 ?LY Bonk Current Account Is Lloyds. 147 Hi£* Streel. Guildfa GUI 3AG Bonk Deposit Accovnt 15 CCLA Investmenl MonogenI Ltd. 80 Cheopgde. London EC2V 6DZ Sc4icitor is Moore Badow LLP. rhe Orid. Sydenhom Rood. Gu4dICtt GUI 3SR Page I
Hllier Almshovses
Rep¢rt ol Ihe Trustees
for the Year Ended 31 PAoreh 2024
Prfnclpd Aclhftlle5 for the Pubk Benefft
purpose of the Charity. rounded In 18AJ). s to prowde occommodohon for poor women ol good chaTacter
who ore not le55 than 45 yeors of age ond mÈmbw5 01 the Church ol En9lor)d or of some congregafion of
Proleslont th'ssenler5 or Methodists.
Fhe Charity is moncged by the BocTd of Trus',ees whoh employ5 a
Clerklmanoger. o Finance Offer ond o Non-Residenl Wc¥den.
The Cnaiity owns Hller HOL. bult in 1970. whth tXOVKles 5hdlered occomnK)dotK)n for okler women. Currently
the scheme has nine l-bed Toorned flots ond 20 5tudK>S whh ore 5elf
HillerAlmshouses Report ol the Twslees for the Year Ended 31 M(Tch 2024 Thtr resKJents toke pride in their surr(xJndFngs the commuryty hove wtyed h(xd together in the gorden which looks very oltractwe ond o re51ful and peocelvl to Spend time in. Ihe Ironl fence along the corpork perimeter wos rtrploced. regdents olso eryoyed o wmber ol tnw yeor ncluding Litllehomplon. Dopclvne Wh(Jrf. Fomhom Molhng5 anci ol coue Ihe annuol Ckwistmos hjnch. The I$tee$ onnvcl porty txoved very popular os alwoys. Mony ol the events lye shored on Facebcx)k. Sudly. towords Ihe end of yecK The ChaiTrnon. Moeen Hibberd passed owoy. she wos vwy fondly regorded by the residents. $4gft and truslees o&ke_ MoLrfeen mode o gener(NJs donahon bel? she died to the Chorify to be used tow(xth the eonstruclion of the new CorVery. Phrfip Stocey was aptx)inted Choinnon ot th8 trvstee rneeling held on 12 February 2024. e Ch£Y r8guloty revews oll Its adwted pc(Icies on a rolfing prwomrne. wfh Ihe Disoster Plon und the Solegvording pdicy being teviewed ol leost onnvolty. Most of tne pccES ole those recommended by Ihe Almshouse knociation. ffte moior fmonciol ond phy&col risks identif1 by the trustees. lo which the ChctY is exposed. ContUe to be Vewed 0.0 o reguI(x bow onci systern5 estoblished lo mihgale Ih05e ris. Weekty PAointenonce Conlribullons The WMC is reviewed annuolky with ony chonges bttro w7y)lernented dur.ng the fysl week o., Atxil to coincide wlh the stort ol Ihe Charity's finorjcior yeor. Dng 2Tr3n4 Ihe ItvsFees 700k Ihe exlrorfinorrf slep of o second rise in WMC lo cover the huge hike in the electricity costs. The Chorily had been cvslionecj from such tig riges hoving hod Ihe odvontoge of being on the tFetrye(w fixed erKJed October Freehd Lond ond Buildings The truslees consider that the morkel vahje of treeh(Ad bnd orKY bU11ng$ is n excess of the amounl sfK)wn irn the linonciol slolemenls. bul os these 055et5 are used by the CIlty lo full its nCIp01 ocb.vity ond no di8wsoLt ore envisoged. the excess not qvontilied. Re$er¥es Ptsliey The charity aim5 10 moinlcin o liquid r858N8 in cosh ond investments on The genwol fiJrKI equOIent to ot aSt six months, monagement ond 5etvice c(1. rem(Yning bank reserves oncl current asset inveslrnents are olk)coted lo improvement projects and to poy lorony Onff unt(xeseen ewenditure. Inveslrnenl P0cY Uncfer it5 g0veni deed the ehority reqthed lo invest monES not needed for imTnediate worting purp05es. The tru&tees deterrine whether 1145 Shou be In bank depo15 or k)ThJer-tam inveslments ofter toknng oppropriote odvice. Resldent Invo¢ment A full ie¥iew ol the yeor's acltvities is ryoduced and to the ledentS ond sloff by way ol a re9or Chairmon's rew$tter. inviting them lo toke the opp(xlurity of leedbock_ The Chorily olso h05 0 Facebook page whrh is regJarly tjpdated with pholos ond evenls the reydentr's fomdy ond friends en)Y seeng ond commenling on Slolernent ol Trv5tees' ResponslknThe$ The Iwslees ore responsiWe l(y preparing Ihe Annuol kerth and the fmnciol stalemenls in acc%ydonce wth oppfjcob low and regLAolK)ns. The Icw opplicable to chorities n Engnd & Wol reovre5 the trustees lo pre Finonciol stolements lor each financial year iri acCdOnCe wlh United knngdom General Accepted ActcKJntring Proctice Iunited Kingdom Accounhng Standords ond opplicable kwrfl. The Iru5tee5 musl nol opF¥ove the finonciol slotemenls unle55 Ihey are $01sfied ttrjol Ih&y give o Irue and foir view of the slote of affaY5 of the chority ond of the inCorrrng reswrce5 and appliCatn of resource5. inckjding the income ond expendiftjre. ol the charity for Ihot peiTrod. In preporing these finanaal 51alemenls. the frlee5 are reqvKed fro-. 015elecl sviloble accounting poKcs ond optly Ihem consstenty. bl observe Ihe melhods ond yviciples in the ChoritEs SORP.. cl moke judgrnent5 ond occ¢yJnting estirmles thot (we 050ab ond Ffftjdent". Pa3
141Hier Almshothes
%eport of th¢ Trust&¢s
lorfhe Y*w Ended 31 March 2024
dl slate vthetkber appficcstje UK Accounting Stondoid5 h(Jve been fofved. subiecl to an}. rnaterial depo¥lure5
discbscd rJnd 0XpInC.d . me fnanenl 5faternen
el prepjre the fan00{ SlotenniS Ihe gona concern baso il i5 wp[or1 to PTesurrE thot the
h¢Jiitywll contrinue to operate.
The truste ore rC$gy)n5ts toi keepwig Su4ftlI aCCountg iec(Kds tr,ot disc%M? witrT reasonable
Independenl ExamTnerf5 Report to Ihe Trustee5 of Hillier Almshouses Independent exominerf$ reportlo Ihe twslees of HIW Ajmshovses I report lo Ihe Chority tnJ51ee5 on my exorrinot¥)n of Ihe occovnls ol Hqter AJm5house5 Ilhe Twstl Ihe year ended 31 March 2024. Responsibilimes and bosls ol report As the chorily Irusl&es ol the Trusl you ore respon9ble loy the [xep(yoi ot the occoun15 N accordonce the requiremenls of the Chonties Acl 2011 I'the Acl'l. report in respect of my exominofrion of the TnJ51's occ(MJnls corned IKJt under 5eclion 145 01 the Act and in caTrying oul my exominolK)n I have folowed ol op0te Drection5 gNen by the Chttrily Commisyon under Section 14515llbl ol the Acl. Independent examinerfs stolement Since your chorily's gr055 income exceeded £29).(KXI ycu eX0ner rwst be o member of o listed body. I can confYTn Ihol l om quolilecS lo undertake the exorrmnotion becthjse l om o member ol the Inslitule ol Chartered Accovntant5 In Englond oné wa5. WtM"ch 15 ore ol Ihe 551ed bodies. I hove cornpleted my exominolioF). I conFrni that no moteriol mot16 hove come to my otlenlion in connectn wilh Ihe exominotvjn giving me couse lo beheve Ihot ony moterial EspEct.' occounting recd5 were nol kepl in fespecl ol the Trust as fequred bySeclH)n 130 of Ihe Act.. (x the occounls do not accorcj wrylh Ih05e rec(xd5-. the oecount5 do not comFty wilh Ihe apKArotAe reovTemenls concerThng the form and content ol accovnls *t oul in the Chonlies IAecount5 Repc¥t51 RegutionS Th other thon ony requyemenl Ihot the occovnt5 9ve o Inje ond lor view wh i% nol o motler cOndered os port of an independent exominotion. I have no concem5 and hove com& ocross no olher molters conneclK)n wlh the exominohon to which ollenlion should be drown this repJl n (xder to enotAe a 0Per nd510nding ol Ihe accounts lo be reoched. A M Sklton BrOWe Chartered Accc4Jnlonts Bourne House Queen Streel Gomshall Swey GU5 9LY Date.. Poge 5
er Alm$hov5es Slatement ol Finontial Aclivilies for Ihe Year Ended 31 March 2024 31.3.24 31.323 Tolol funds UrYestrTrcted fvnds Reslricte lund Ivnds Notes INCOME AND ÈNDOWMENTS FROM Charitable octlv(tl*$ ChanlaUe Aclivilres 327.747 327.747 228.572 Investment Mcome 18.127 18.127 2.698 Tolal 345.874 34574 231.270 EXPENDITURE ON ChL7rilable aclivitles Chorilable ActivilEs 176A54 176554 191.734 Net gain5 on investments 10.143 NEI INCOME TrarTrsfers befvrfeen lunds 169.320 {22350} 169.320 122.3501 49.679 12 Net movement in Ivnds 146.970 146.970 49.679 RECONCILIATION OF FUNDS Totol Tvnds brouthl f(Thard 1.067.413 1.067,413 1.017.733 TofAI FVNDS CARRIED FORWARD 1214.383 T214.383 1.067.412 rhe leS fom port of these finonciol stotement5 Po9e 6
Hinli Almshouses BubJnee Sheel 31 Movch 2024 31.&24 Tolal 31.3.23 lolal iunds LknreStr1eQI Restiicled lurid Notes FIXED ASSETS Tongible assp.TS 838.475 838,475 811.771 CURRENT ASSEFS Debtors Investmeiits Cash at bonk in hond 5.952 206.294 317.621 5.952 206294 317,621 5.382 193.801 196.696 529.867 529.867 396.079 CREDITORS Amunts falling dve wlhin one yeor [14.l65J 114.165) 117.9891 NEf CURRENT ASSEIS SIS.7Q2 515.702 378.090 TOTAL ASSEfs LESS CURRENT LIABILITIES 1.354.377 1,354,377 1.189.861 CREDITORS Arrrt)iin15 rolling due olter rrKxe thon one ye 11.3501 PROVISIONS FOR LIABILIFIES {139.994) (739.9941 1115,1)W91 NEI ASSETS 1.214.3B3 7214.383 1.067.41 FLSNDS UtiresfriclEd funds 12 1.214.383 1.067.412 T07AL FUNDS 7 214.383 1.067.412 Thg linanciQ]I sto,Èn)eTr15 were apwovthd by Ihe Brd of TtUStees atid au1horised Ioi tsSLie "J4..th...Lind ¥e sFJne(i on its befrk)K b,- on ocey- TIu5tee es fEml wri Oi these InCl staternenls Pog8 7
HilllerAlmshouses Nole5to the Financlth 5tolements fu the Year Ended 31 Mtr¢h 2024 AccouNNG POLICIES a5is of Pren9 the Ilnon¢lo1 slolemen15 The ffnuncial statemènt5 01 the choiily. wF¥ch is a put benefit entity under FRS 102. fK)ve been prepored in occordance wyth the ChoitEs SORP (FR5 1021 'Accounlirg ond fteing by Chorilies". Slotement of Recommended Proclice appficatAe to chcmiles prep(rring Ihei OCCOLn15 in occ(xdonce with the Financial Reporting Stondord appIoble in the UK Or keputAic ol Ireland IFRS 1021 leffective l Jonuory 20191,. Firianciol Reporting Slondard 102 'The finonciol Reporting Stondord app0b in the UK ond Republic ot Irdand, ond the Charilies Acl 2011. The finonch slolements hove been epared under the hl0COl cost ¢onvention. Incorne All Incom8 is recognised in the Stotemenl of firnCl Ach'wties once the chority h05 enlimement to the Ivnd5. It is yobabk Ihot the fftcome be receNed and the amrn1 con be meosured rdiatAy. Expenditure Liobilitie5 are recogn.sed as expendilwe 0$ soon a5 there 15 0 or constructive obligotvjn committing the thaty lo thol expen(ture. it y0b0e Ihot o tfOD5fet ol economic benefiis wdl be requTed in setuerrient ond Ihe amount of the obfigoIK>n con be meosured refiobly. Expendilvre s accounted lor on on occruo15 bo&s and hos been ck)wlEd Under heod¥w that oggregote dl cost reloled to the c(Jtegoty. Where costs cannol be directw ottritiuled to tuticukJr heo(fing5 tleY have b8&n olocoted lo octivilies on o bosls cols1ent wtlh the use of resowces. Tonylble lixed 055ets Dopreciolion is prowded al Ihe following ornuol roles ui trder fo lIe otF eoch osset over its estinoled FlureS and fitlings Compuler equipm8nt IIXZ on cosl 33% on cosF Toxation The Hillier5 Almshouses nol registered for Value Added TaL In these thanclol stolements. where applicable. expenditLffe is shown itkjyve of VAT. Fund occounNn9 Unrestricted con be vsed w) accud0e wlh the ch(Jitoble objective5 al Ihe discretion of the Irvstees. Restricted lunds con onty be used for porticthr reslricted pLKK5 Wrthin Ihe obFcls ol tne chority. Restrictio orise when specified by Ihe don(x ¢ywhen funds ore rwed lor tKXticulor restricted purposes. F(fflher eXoOI10n of the notur8 ond purpose of ewh nd s wtljded in the notes to the linonciol slolemenls. Housing properties mese ore valued at cost. De[eCK)Ilrt ts not chorged in these acCnIS os due lo o high property residual vo)Je the charge for the yeor ond rhe occvmvlated deExecK2tion are immotenol on or oggregate basis. e 8ourd anrallY revEWS Ihe moterultyof h¢)usry 0pty deFxecialk)n. The ChI1V has. over a period of yectys. been vt)godin9 the bo'.htooms ond kntchens. Dve lo the sub51antio1 imFxovement Involved in the upgroding the costs e inckjded undu H(xJyng Propertie5 oncl a5 such not deoreciolecj 4ve to IrrunoF101lty. If on imwoved tchen or t)Otr00rn gvb5equen-.ty reaCed this will be WTitten off to Me IncorrE and Eyenditvre accounl. Cy¢li¢ol Repoff> HIllE AIwJshou5es h05 estab115hed o twromme OF cycScal repo ond mopilenonce. Costs a chorged to the Revenue Account yeor in which they ore incurgd_ Page 8 continued...
Hller Almshouses Notes to the Finunckil Stolements- continued for Ihe Year Ended 31 Moich 2024 ACCOUNnNG POLICIES- conllnued Housing propeflies Malnlenonce PTolecls Mointenance projec15 UesS representing Inyovements to woperhes. are cho.wed to the revenue occount N the year in wlHch they are incwed. Deslgnoted ReseThe$ These ore re5er4e$ Set 05e by the Tw51ees speci'k lulure rAJrposes an¢ tlects. INVESTMENT INCOME 31.3.24 31.3.23 Deposit occount interest Investment income 8,179 9.948 2.698 18,127 2.698 TRiISTEES' REMUNERAIION AND BENEFITS There were no frustees. remvnerotn or other benefit5 the yerw ended 31 Morch 2024 nor for the yeor ended 31 Much 23. Truslees, eypens¢s Thwe were no truslee5 expere5 paid f(x the yecr ended 31 Moich X)24 ror lor Ihe yeor ended 3T Morch 21r23. COMPARATIVES FOR IHE STATEMENT OF FINANCIAL AcnvmES Vnreslricled hJnds Re5tDcled un Toltsl fund5 INCOME AND ENDOWMENTS FROM Chorftoble odtvilies Charitable AcliVIti&s 228.572 228.572 Inve51ment inci)me 2.698 2,698 Total 231.270 231.270 EXPENDITURE ON Charitae aclivilies Chorilotile Aclivilie5 191.734 191.734 Nel gain5 on investments 10.143 10.143 NEf INCOME 49.679 49.679 RECONCILIATfoN OF FUNDS Total funds brought Ic¥wiwd .017.733 1.017.733 Poge 9 continved...
Hlller Almshou5e5 Notes to the rncial Statements. continued lor Ihe Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvmES- conffnued Unrestricted funds Restricted lurKJ Total funds 70TAI FUNDS CARRIED FORWARD 1.067.412 .067.412 IANGIBIE HXED ASSEf5 The Hillier AlrhouseS 15 t111 upon a piece of Jond which w05 gifted to the Trustees os jcmnt tentsnt5 In 1879. The Iwslee5 consider Ihot the wnarket vclue of the heeh(Ad loThl ond buldings i5 in excess of the omount shown in the financiol stotement5. but Ihe5e ossets (xe used by the chouty to fulfil its ryin¢ipol octivity ond no dtsposds (Ye envisoged. the exces5 nol qvonlified. In th8 yecr under review to end of Morch 024. copitol c0515 incuried in connection wth creolion ol o new communcA tyolhroom ar plonning costs incJrred in connection with an exfengcx) to the fr8ehotl tsJAding5 were added to Ihe colt of the property. DEBTORS.. AMOUMIS FALUNG DUE wmiiN ONE YEAR 31.3.24 31.3.23 Prewymenls ond aCCed income 5.952 5.582 CURRENT ASSEI INVESTMENTS 31.3.24 31.3.23 Li51ed inve5trnenf5 206.294 193.801 The Twst did nol sell ony investments in the yeoi under rewew ond continues to hokl l.&) Charity Multi Asset Fund Iforffly NAACIFI ACCUM01 Share5.18ose cost £66.3WI. CREDITORS.. AMOUNTS FALLING DUE wifHIN ONE YEAR 31.3241 31.3.23 Bank loan5 and overdrolts Isee note 101 Poymen15 on accounl Othercreditor5 7.350 7.3S) 1.977 8.662 6.815 14.165 17.989 Poge 10 continved...
HlllerAlm$hovse5 Notesto Ihe Finon¢lol Stalements- conthnued foy Ihe Year Ended 31 mch 2024 CREDifoRS: AMOUNTS FALUNG DLIE AFIEK MOREIHAN ONE YfAR 31.3.24 31.3.23 Bank k)ons (see note 101 7.350 During the yeor lo 31Mcrch 2016. the TtV5t rec&ved £73.SIX) I'.nduding 0 5% odminislrotK)n feel by woy ol an interest free. unsecureo k)on From The AkTb5hw5e AssoctiOn_ The loan lerm 15 10 yeoo. repoyoble in 20 eqLKJI s-monlI¥ instolmenls commen¢ro in June >15. io. LOANS A• onaly95 01 Ihe molurity of k)ans gNen bek)w.' 31.3.24 31.3.23 Amounts foln)g ckje With one yeor on demorKI.. Bonk loons 7.350 7.350 Amounls folryg befvieen one and two ye(y5.' Bonk bon5- 1-2 ye(y5 7.350 PROVISIONS FOR LIABILMES 31.3.24 31.3.23 1nvestrne.ryt revaluotw reseNe 139,994 115.0 12. MOVEMÈNT IN FUNDS Nel movement in fvAL1s Tronslevg b&eern funds At 31.3.24 At 1.4.23 Urneslrfcted lunds Generol fund Designoied Funds 1.064.589 824 69.703 99.617 (22.350} 1,113.942 100.441 1.067.413 169.320 (22.350} 1214.383 TOTAL fUNDS 1.067.413 169.320 (22.3501 1214.383 Net mtsvement in funds. Included in Ihe above lye os fc4k)ws_" Incomiig reS0ceS Resources expended Movem8nt in fvnds Unre5fricled funds General luqd De%gnated Funds 246257 99.617 {170.554) 69,703 99,617 345.874 (176.554) T69.320 TofAL FUNDS 345074 {176.554} 169,320 Pogell continLJ&d...
HilllerAlm5hov5es Wotes lo the Finon¢id Slatemenls - eonllnved lor Ihe Yeur Ended 31 March 2024 MOVEMENT IN FUNDS. corthnved Compaiolive¥ for movemenl In Ivnds Net moveTP.ent in hJnd5 Al 31.3.23 A": 1.4.22 Ur¥e5fvfcted lund5 Gtrneral fund Designated Funds 1.016.909 824 49,679 1.066.588 824 1.017.733 49.679 1.067.412 TOTAL FUNDS 1.017.733 49.679 1.067.412 Comparative net movement n tvnds. nckjded the above are as folows". Incon¥ng ieKuces ReS0ceS expended Go and 1055e5 Movement in funds Urweslricted bJnd$ General fund 231.270 1191.7341 10.143 49.679 TOTAL FUNDS 231.27Q 10.143 49.679 A current yeu 12 monln5 and FXV yeor 12 Montr comned position s 05 fdlow3'. Nel movemenl in hJnd5 Transle belwèen funas At 31.3.24 All.4 Unieskicled fvnds Generol fund De5ignoted Fund5 1.010.9X)9 824 119.382 99.617 122.3501 I LKI.441 1.017.733 218.999 122.3501 1.214,382 TOTAI FUNDS 1.017.733 218.999 122.3501 1.214.382 A current yeor 12 months and wor yecx 12 moftth5 comL¥ned nel movemènl in lurTrds. included in the above are os fdk)ws'. IncorThng resoLYces Reswce5 expendeo Gon5 ond 5ses Movement in funds Unresfrl¢ted fvnds Geneicjl funtt Desigrhated Fund5 477.527 99.617 1368.2881 10.143 119.382 99.617 577.144 1368.2881 10.143 218,999 TOIAL FUNDS 577.144 1368.2e81 10.143 218.999 Poge 12 eonhnued...
HllierAlmshouses Noles lo Ihe Hnancld St(rtements- conllnued lor Ihe Year Ended 31 Mtreh 2024 13. REiATED PARTY DISCLOSURES There we no reloled p(wly tron50cnS fcrf the yecy ended 31 Morch X124 2023. 14. DESIGNATED FUNDS Wilhin vweskricted fJnds is o boloncts wbich me trvslees deem to be Degnated fvnd5." the bolance of which stood ot £441 ot 31 Morch 2024 12023". £8241_ The De5onole(J fund hos been creoled by the Irusteeg to illu51role functs receed fvom dono110r which are desgnoted f(x aclivities IC the ènlertovim8nt ol residents. In oddition. the formw chow of ITU5tees. Moween Ht)berd. sody passed owoy in Jonuory 2024. very generou5W bequeolhed o dona',K)n of £IW.(XJ) lo the chCty wilh the extxes5 Wish thot the monies be Used for o lastg legocy by bulding on (Yowery. to be nanEd Hibberd's Hide(Tknvay or some other cawlal osset". accordingty. the Irvslee5 hove deemed on element of vnreslr¢led lund5 05 De5ignoled hJnds for opprowote luture expenditLXe. Page13
Hullew Almshouses Deluikd Statemenl ol Flnttn¢ial Aclivihe5 l¢r the Year Ended 31 M¢Jr¢h 2024 31.3_24 31.3.23 INCOME AND ENDOWMENIS Inveslment Income po1 occounl interest Investment inc¢)me 8.179 9.948 2.698 18.127 2698 Chorllctble acNvlties Rental Income Void5 & nolice periods Guest Ikjt Resident nd income 1n5urap.ce cloim ryoceeds DonotDns 234.386 {7.4911 1.235 1383} 214,310 2.225 18391 23.317 Ico.o)o 327.747 228.572 Total Incomww re5pvrce5 345.874 231.270 EXPENDITVRE Ch(wltuble oclivilies Worden Social seeurity Insuronce TV Licences 5undries Warden call EltricItY 26.685 981 3,890 204 245 2.235 15.387 13.066 10.412 1.539 1,563 6S.206 26.535 976 3.419 151 244 2,303 9.343 10.179 9.966 1,410 1.970 89.641 1.476 Woter Cleoning Gardening moinlenar.ce charges Council tax Residents entertoirvnent Tr(Nni costs Depreciolion of torvJitle ffe 055ets 339 320 2.396 34 2.396 144.408 Suppcrfl costs Management Clerk & fvnance ofFicer Teleohone Independent Exomiw fees expenses Corried forward 20.188 2.142 26.195 1.938 2,352 719 31.204 705 31,603 Th poge does nol f4>m p£¥1 ol the stolulcry fin0ncl slaternents Poge 14
Hliw Alrnshouses Deloled Stolement ol fvnoncial Acli¥Mte5 for Ihe Year Ended 31 March 2024 31.3.24 31.3.23 Mon¢Jgemenl Brought fixword bscriplions 31.603 413 31.204 350 32.016 31.554 Hnonce Bank charges 70 Tolal resources expended 176.554 191.734 Net income 169.320 39.536 is poge does not 1M rKvt ol the slohJt(Ny fjnoncK)1 sttrtements Page IS