REGISTERED CHARITY NUMBER-. 201218
Rep￿1 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 docum￿1 is o Choity coMffutyc￿ Scheme dtsted 31t October I￿5 Ilast omended 6th
February 20061.
SIIUCWRE GOVERNANCE AND MANAGEMENT
REFERENCE AND ADMINISTRATIVE DET￿Ls
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 c￿￿ty 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 e￿OUrage ot least one other ffijslee to join
ol of I￿￿se meetings.
The oppolnljng bodles ore=
Ciurch Meeting of Guildlord United Rel(Kmed CPHJch
Ptyochiol Church Council ol the EC¢￿%0$1￿0l 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. Guildf￿a GUI 3AG
Bonk Deposit Accovnt 15 CCLA Investmenl Monoge￿￿nI Ltd. 80 Cheopgde. London EC2V 6DZ
Sc4icitor is Moore Badow LLP. rhe Orid. Sydenhom Rood. Gu4dIC￿tt 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 Off￿er ond o Non-Residenl Wc¥den.
The Cnaiity owns H￿ller 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 wh￿h ore 5elf<onloined. At the beginning of Ihe
o¢counhng yea.. l Alyil 2023 there wwe Nvo vtyd5 ancl ot ttLe er￿ of lye period. 31 Mcxch 2024 there were no
voids.
The ChcriV5 income m.Jsl not be used dreclly rel￿[ of rotes. tOXè5 (X other pvblic funds but may
supplement reSef (x assislonce 5YOVKYed out of putAic Ivnd5.
Tkje Truslees confirm they have refwed to the Chtsity ComnN5sion's genercA gjidance on pvblc benefit when
revEwing the Chorily 5 OiTnS and objecthves ond irj conyo&irvJ the future oclivilies ot the Chorily.
Recrultment ond Appolntment olTrvslees
Al the start 01202314 The Chority ￿,tsd one vacancy on Ihe boord of Iruslees ¥thich wos dumg the year. with
o Ivrther voconcy at the end ol the yec¥". however. when Tequred. the Boorcl ol Truslees seeks lo recruit
trustees to bdon¢e vonous skills requred lo monoge Chcrrity.
Trvslee Indv¢tlon ond Trolnkng
AW new trusleeg ore welcomed into Hilier H¢)use ond spend ime Meeh.￿ the other t1U51e￿, stoff ond residenls to
understond the operations Oi the Chority. Troin￿g is. by necessity. tailored lo indiiqdual need5 depenc5ng on the
knowledge gops ond experience of indi'4iduol ￿v(￿ved ond lull odvonloge is taken ol Ikie tioining provided
by the Al￿￿hoUSe Associal￿n. Fow of our tluslees twk udvantage of oltendiry th8 Almsh¢)use sernnor during
October ￿23.
The Chority conh"nue5 to employ 3 membw5 of sloff ond co￿v￿lfIed to and tr(￿ning them.
Revlew olthe Year and Ihe Fvhw*
t￿ring 202314. ￿ce ogclln. the tru51ees hove conh.nued ther obFcfv"ve of rwviding o high slondord of
mointenonce. hoppy comrnunity 5riril. ond sole envIon￿ent fc* re&oents continuing to improve ond
Mod￿nIse the bvilding ond facilities. The InJsFee5 and stolf slrive to keep Hilber House a5 an ottsoclive on
de5rolJe [￿ace to Ive in o chonging ond conweiilive sheltered rr.(xkei.
During the year Ihe work to redecorole Ihe flols ond studios vrfos orP9￿g. contempcxary while wclls ond
grey corpels. moking the occommodolion feel more vp to dote. fresh ond c￿0￿. These upaates are yoving very
Dopular wlh the reyoents. The guest Ilol clso beneffted from new beddng as il continue5 to be very in demond
wilh the lodies f¢wilies and fri8ncÈ. The one e￿5h"n9 commvnol b(Ylkwoom wos ovthavled with o modefft wolk4n
bath moking It occes51We to ol ond o second comrnunol WC was in51ole¢ so Ihe existing coukl be designated
exckjsively lor stofl use. Towords Ihe end of the yeor the loundry had o long ovwdue overoll os omhough the
machines 0￿ modemised and vpdoled a5 requwed tts room itself and the >nk ond units not been louehed for
over 20 yeors. A Quellle lop wos In5toned in the Orth Room lo oot only promde convenEnce ot coffe
momiros ond teo altemoons t￿1 i￿j￿rOV￿g heollh ond sofety wth the e￿Mi￿OI￿)n of e￿CIrC Vbryres. fime or
money hos been invested this yeor in i*awing up t￿on$ to creale 4 new op.e-bedroomed ftolg over the link
corridw. The plan.5 also inclJde solor pane& ond Ihe construction ol on Ofongery. WhiÈt it is not onlicipoted th
flols w￿1 be built in the foresee0b￿ lulure. the hvslees felt lo gel tne plon5 opproved ond mointoiring the plonning
pemission w05 an importont ￿e￿ in strotegicoly for Hrflbèr HO￿e'S fulwe. 11 ts hoped. however. Ihot the
50knr pands ond orongery come lo fruIt￿n in the nol l(K) distor,t hJkne.
All e55entKJI mointenonce work. sofety checks (both mondotw ond reccxnmendedl and ser4ic*ig. etc we
constontrly revEweo to ensure health ¢nd solety requremenfs were uphekj.
Poge 2

HillerAlmshouses
Report ol the Twslees
for the Year Ended 31 M(Tch 2024
Thtr resKJents toke pride in their surr(xJndFngs the commuryty hove wty*ed 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 cou￿e 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. Mo￿een Hibberd passed owoy. she wos vwy fondly regorded
by the residents. $4gft and truslees o&ke_ MoLrfeen mode o gener(NJs donahon bel￿? she died to the Chorify to
be used tow(xth the eonstruclion of the new C￿orV￿ery. Phrfip Stocey was aptx)inted Choinnon ot th8 trvstee
rneeling held on 12 February 2024.
e Ch£￿￿Y r8guloty revews oll Its adwted pc(Icies on a rolfing prwomrne. wfh Ihe Disoster Plon und the
Solegvording pdicy being teviewed ol leost onnvolty. Most of tne pc￿cES ole those recommended by Ihe
Almshouse knociation. ffte moior fmonciol ond phy&col risks identif￿1 by the trustees. lo which the Chc￿tY is
exposed. Cont￿Ue to be ￿Vewed 0.0 o reguI(x bow onci systern5 estoblished lo mihgale Ih05e ris￿.
Weekty PAointenonce Conlribullons
The WMC is reviewed annuolky with ony chonges bttro w7y)lernented dur.ng the fysl week o., Atxil to coincide wlh
the stort ol Ihe Charity's finorjcior yeor. D￿ng 2Tr3n4 Ihe ItvsFees 700k Ihe exlrorfinorrf slep of o second rise in
WMC lo cover the huge hike in the electricity costs. The Chorily had been cvslionecj from such tig riges hoving
hod Ihe odvontoge of being on the tF*etrye(w fixed erKJed ￿ October
Freeh￿d Lond ond Buildings
The truslees consider that the morkel vahje of treeh(Ad bnd orKY bU1￿1ng$ is n excess of the amounl sfK)wn irn the
linonciol slolemenls. bul os these 055et5 are used by the CI￿lty lo full￿ its ￿nCIp01 ocb.vity ond no di8wsoLt ore
envisoged. the excess ￿ not qvontilied.
Re$er¥es Ptsliey
The charity aim5 10 moinlcin o liquid r858N8 in cosh ond investments on The genwol fiJrKI equ￿OIent to ot ￿aSt six
months, monagement ond 5etvice c(￿1￿.
rem(Yning bank reserves oncl current asset inveslrnents are
olk)coted lo improvement projects and to poy lorony On￿ff unt(xeseen ewenditure.
Inveslrnenl P0￿cY
Uncfer it5 g0veni￿ deed the ehority ￿ reqthed lo invest monES not needed for imTnediate worting purp05es. The
tru&tees deterrine whether 1145 Shou￿ be In bank depo￿15 or k)ThJer-tam inveslments ofter toknng oppropriote
odvice.
Resldent Invo￿¢ment
A full ie¥iew ol the yeor's acltvities is ryoduced and to the le￿dentS ond sloff by way ol a re9￿or
Chairmon's rew$￿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 Eng￿nd & Wol* reovre5 the trustees lo ￿p￿re Finonciol stolements lor each
financial year iri acC￿dOnCe 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 inCorr￿rng reswrce5 and
appliCat￿n of resource5. inckjding the income ond expendiftjre. ol the charity for Ihot peiTrod.
In preporing these finanaal 51alemenls. the fr￿lee5 are reqvKed fro-.
015elecl sviloble accounting poKc*s ond optly Ihem consstenty.
bl observe Ihe melhods ond yviciples in the ChoritEs SORP..
cl moke judgrnent5 ond occ¢yJnting estirmles thot (we ￿050￿ab￿ ond Ffftjdent".
Pa￿3

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 0Xp￿InC.d ￿. me fnanenl 5faternen
el prepjre the f￿an00{ Sloten￿niS Ihe gona concern baso il i5 w￿p[￿or￿1￿ to PTesurrE thot the
h¢Jiitywll contrinue to operate.
The truste￿ ore rC$gy)n5ts￿ toi keepwig Su4ft￿lI aCCount￿g iec(Kds tr,ot disc%M? witrT reasonable <JCCUTacy at
ony lime fhe finoncial posilK)n oi the chority ar￿ enable t4em 10 8tisue tliat the linonc￿[l statements compty wth
the ChttritEs Aci 2011. Vrie Cliatily IAccounl5 ond ReKYYtsl RwkJt￿l￿ aid Ilie provtsH)ng of t4e trust deod.
They ore also responsible 101 5afegutYding Ilie a55ets of the chority nnd henTr for toking fe(jSonob￿ steps lor the
evontK>n ond dèteciDn OF froL4g ond olhet Yreguknities.
The Chartty hos rmde o svrplu5 foi the year of £1 69,3LI a geneiovs donalion fvom Ihe torw Chaw ol
£1 Mthich the trvstees hove aLbcated to o De￿noted fLTnd wilhin ifveSlr￿ed luna. see note 14.
Approved by Ord￿01 the bcK¥d of I￿￿tee$ on .. _.....
tacey- Trvsleo
Poge 4

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 op￿￿0t￿e 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 eX0￿￿ner 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 wa￿5. 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 connect￿n
wilh Ihe exominotvjn giving me couse lo beheve Ihot ￿ ony moterial EspEct.'
occounting rec￿d5 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 Regu￿tionS Th other thon ony requyemenl Ihot
the occovnt5 9ve o Inje ond lor view w￿h i% nol o motler cOn￿dered 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 ￿nd￿510nding 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
345￿74
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

Hinl*i Almshouses
BubJnee Sheel
31 Movch 2024
31.&24
Tolal
31.3.23
lolal
iunds
LknreStr￿1eQI
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 B￿rd of TtUStees atid au1horised Ioi tsSLie
"J4..th...Li*nd ¥￿e sFJne(i on its befrk)K b,-
on
ocey- TIu5tee
es fEml wri Oi these I￿￿nC￿l staternenls
Pog8 7

HilllerAlmshouses
Nole5to the Financlth 5tolements
fu the Year Ended 31 Mtr¢h 2024
AccouN￿NG POLICIES
a5is of Pre￿n9 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 fte￿ing by Chorilies". Slotement of
Recommended Proclice appficatAe to chcmiles prep(rring Ihei OCCOLn15 in occ(xdonce with the Financial
Reporting Stondord appI￿oble in the UK Or￿ keputAic ol Ireland IFRS 1021 leffective l Jonuory 20191,.
Firianciol Reporting Slondard 102 'The finonciol Reporting Stondord app￿0b￿ in the UK ond Republic ot
Irdand, ond the Charilies Acl 2011. The finonch￿ slolements hove been ￿epared under the h￿l0￿COl cost
¢onvention.
Incorne
All Incom8 is recognised in the Stotemenl of fir￿nC￿l Ach'wties once the chority h05 enlimement to the
Ivnd5. It is yobabk Ihot the fftcome be receNed and the amr￿n1 con be meosured rdiatAy.
Expenditure
Liobilitie5 are recogn.sed as expendilwe 0$ soon a5 there 15 0 or constructive obligotvjn committing
the tha￿ty lo thol expen(*ture. it ￿ y0b0￿e 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 t*uticukJr heo(fing5 t￿leY have b8&n olocoted lo octivilies on
o bosls co￿ls1ent 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
F￿lureS 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) accud0￿e wlh the ch(Jitoble objective5 al Ihe discretion of the
Irvstees.
Restricted lunds con onty be used for porticthr reslricted pLKK￿5 Wrthin Ihe obFcls ol tne chority.
Restrictio￿ orise when specified by Ihe don(x ¢ywhen funds ore rwed lor tKXticulor restricted purposes.
F(fflher eX￿o￿OI10n 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)I￿lrt ts not chorged in these acC￿nIS 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 anr￿allY revEWS Ihe moterultyof h¢)usry ￿0p￿ty deFxecialk)n.
The ChI￿1V 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 IrrunoF￿101lty. If on imwoved ￿tchen or t)Otr￿00rn ￿ gvb5equen-.ty re￿aCed 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 U￿esS 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 05￿e by the Tw51ees speci'k lulure rAJrposes an¢ t￿lects.
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. remvnerot￿n or other benefit5 the yerw ended 31 Morch 2024 nor for the yeor
ended 31 Much ￿23.
Truslees, eypens¢s
Thwe were no truslee5 exper￿e5 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
Charita￿e 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 ￿r￿ncial 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 Alr￿houseS 15 t￿111 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 aCC￿ed 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 Iforff*ly NAACIFI ACCUM￿01￿￿ 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 m￿ch 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 Assoc￿tiOn_ The loan lerm 15 10 yeoo. repoyoble in 20
eqLKJI s￿-mon￿lI¥ 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 fo￿lryg 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
reS0￿ceS
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
ReS0￿ceS
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￿ com￿ned 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 w￿e no reloled p(wly tron50c￿nS fcrf the yecy ended 31 Morch X124 ￿ 2023.
14.
DESIGNATED FUNDS
Wilhin vweskricted fJnds is o boloncts wbich me trvslees deem to be De￿gnated 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 rece￿ed 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 chC￿ty wilh the extxes5 Wish thot the monies be
Used for o last￿g 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
po￿1 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
El￿tricItY
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 ff￿e￿ 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 fin0nc￿l 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 1￿M rKvt ol the slohJt(Ny fjnoncK)1 sttrtements
Page IS