REGISTERED CHARITY NUMBER: 201542
udl
d Flnan
tfrm•nts
Utt•rnon• Alm•hou•
Monahans
Charte￿d Accountant
143 Forèst Gats
Pewsham
Chippenhom
Willshire
SN15 3RS

Mts Uttersons Almshauses
Contents of the FlnancSal Ststements
r E ded 31 December 2024
P•
Chalf$ R•port
R•port of the Truste94
2 to 3
Ind•pnd•nt Exam1￿￿3 R•port
st•tern•nt of FlnanGlal Actfvltlo•
B•tonc• Sh••t
Notos to the Flnanclal Stat•monts
7 to 13
D¢tsll•d Ststom•nt ol Fln•n¢lal Actlvltl
14

Mrs Uttètsorts Almshous
Chalrfs Re
for th• Yèar Endod 31 Dèetsm￿f 2024
Thg Tru$leg$ hold four Ordlnary moelngs durfng thè year.
Fr. Benll Tyler was #ppolnled an ￿ offlcto Trusiee on 201h August 2024. follovAn9 his appotntment 8s Parish priest al St
Andi•vls Church, Chlppenham in ApTJI. We began the process of replaang three Twstees". Eileen Yates, Rithard
Spencer (Clerk) and Jenny Norris (Chair and Trèasurar). whosè letm of office LX)me5 to an end in November 2025.
Richard Spencer and Jenny Norri5 attended the Cirenceslei Joint Almshouse Charity R¢gion¥l Meeiing in Cirencesler
on 20th October 2024 Fr B8nll att8nd8d Amshouse wa￿ Course In Sall$bury on 2181 November 2024.
The programme of m4inlenan¢• and ranthY41 o)nllnued th￿￿a￿Out the year. All th• boilers 8rn n¢w being 8erviced by
an approprialo John Williams Care Plan. The 5 yearly electrical inspactions whlch wa$ In 2023 w45 PErfom]ed Sn
Febrnary 2024.
Th• annual r8VI￿ oflh• Charftys long-lerm finances in 2023 1ndl￿t8d thal an Incr&ase in the Maintenance contribulion
of 5•A was required wth elfect from 1st January 2024 to ensure Ihal adequate funds are Available to me•t th8 cosl of
future cydic maintenance and extraDTdinary repaiT items.
Tho Tfusle&s wfimi that th￿ have had due regard lo the CharSly Commission General Guidanc• on Publlc B•n•fil,
particularty when rewewng the Chanty's alms and oblectlves lor the year. l am grateful to my fellow Truslees frjr all IhelT
hard work and support durSng lh• yèar and lo th& R•sidents for thair ffigndshlp and in helping lo maintain the
Amshousas and grounds In good ord¢r.
J Norrf•
Chalr
Pag• 1

Almshouses
Re
forthe Year Ended 31
Tho Irvstees present their report and financial slalernenls of the charlty for the year endad 31 Decanber 2ff23. The
Irustees have adopted the provlsions ol Ihè Stat8mÉnt of Recommended p￿dICe {SORPI 'A￿u￿1[￿9 ¥nd Reporttng
by Charitses. (FRS 1021 in preportng the annual reptsrt arxl statemènts ofthe d￿rity.
The financial statements have been prèparèd in accordan¢8 wlh the accr#Jnting policAes s81 out In notes to the accounts
and comply wth the chartty's goveming document. the Chariltes Ad 2011 8nd Accounting and Reporting by Charill•s."
Statèmènt of R$ctsmmerhded Praclice applicable lo charities preparing Iheir accounts in ¥wdan¢e vAth the Flnancial
Reporting Sland?Td applicable in Ihtr UK and Republic ol Ireland published in October 2019.
OBJECTIVES AND AcfiwnES
ObJ•ctive8 and aims
The provlslon ol Almshouse gw)mmodatlon tr benefld•ies In tho Chlpp8nh&m and Norfh Willshlrg area.
ACHIEVEMENT AND PERFORMANCE
Charftable a¢UvltigB
The chaity manages fv• alm$hw•fj$ lor elderly ro$ldents In Chlpp¢nh•m.
FINANCIAL REVIEW
Prln¢lyl fundlng aource
Most ofth8 charlty's Incomo Is derf¥¢d from malnten8nce ryJntrlbulion$ frc*m roslt1•nl8.
Invastment policy And obl•cdv••
Tho charSty hold$ invg$lmgnls vjtth COIF. M&G 8nd 818ck Rttk.
R••errfe• pollcy
The charity holtJ8 free r•serv8s of £70,552 (2023.. £89,8S91 which Ihe tWU51ees regard as sufftlenl lo enable Ihem to
continue lo operate. Funds lolalllng £82,23212023'. £42,003) have been set aside by the Tru8iee5 as designated lunds
for the pu￿05e5 ol ensuring Ihe maintenarKe and upkeep of th• Almshw$• o¢xommodats'on. Furlhor d•lo11s c4n b8
found In the not¥s lo the aeeounts.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Govemlng document
The charily18 controlled by118 govemlng document. • deed of trust •nd c4￿3111￿tets 8n unlncorpor8led charfty.
The chartty is aet up by a $¢h•m• dale<J 1 D8¢•mb•r 2009.
Rlsk manag•mont
The truslees hav• a duty to Id•ntlfy ond r•vl8w th• rf8k8 to which the is oxposad and to •n•ure appropnate
contro18 ar• In place lo provlde rgoswoble 98$uran￿ 09gln81 fraud 8nd error.
Publlc beneflt
The tru8lees rLsnfirm that they have had due reg8rd to the Chariles Commi$$lon'$ gener81 guidance on publlc ￿nOfft.
partiGulady when rewewng the tharitys aims and obiectlves forthe year.
REFERENCE AND ADMINISTRATIVE DETAILS
R¢gl$t¢r•d ¢harfty numbor
201542
Prfnclpal addm•
4. New HDU5e¥
Lowden
ChIp￿rth#M
W1116hlre
SNIS 2BN
TrustEB
Mr Rich81d Spencer
MTr Jenny Norris
MTS Eileen Yates
Cllr Mrs Jgnnifèr Budg•ll
Mr Michael Sivewrighl
Mr P8ul J8m&s
Rev Fr Benji Tyler (apFointed 20.8.241
Pagg 2

Mrs Utterson$ Almshouses
R•
ort oftho Trust••s
forthe Year En
24
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Ex*mlnor
Simon COo￿T
Monahans
Chartered AceoLtnl8nis
14a Fofest Gate
PewshBm
Chippenh•m
Willshire
SNIS 3RS
Banker¥
Lloyds Bank plc
29 High Street
chiP￿nhaM
Wlllshirè
Approved by ord8r ofihw board (rftrLsslea8 onl.p.p...￿￿￿...￿.￿% and Signed on it8 bohaff ty.
MrB J•ftny Nornis- Trnfysl•
Puge 3

Inde ndent Exarninerfs Re
ort to the Trustees ol
Mrs Uttersons Almshouses
Independent examinerfs reportto the tTUStee5 of Mrs Utternons Alm8hou8e8
I report to the chanty truslaes on ffly examinalion of th8 accounts of Mrs Uttersons Alm6house8 (ihe Trust) for the year
ended 31 D•combèr2024.
R￿ponsIbIlItIe% and ba$1¥ af r¢port
As the ch¥rrly Iruslees ol lh¥ Tfust you are Tesponsible for the preparation of the aoxjunts in acxxwdance wtth the
requirements of Ihe Charities Acl 2011 Ph8 Acr).
I report in re5PECt of my examination of the Trust's accounts carried oul under Sectlon 145 of the Act and In carrying out
my examinaliDn I have followed applicable DiMclion8 given by lh& ch81￿1 Comml$slon und•r S￿On 14515llbl of th
IndepoThlent ex•mlMrf¥ 8tst•mènt
I have completed my examination. l confimi that no moterial matters have come to my ailention In o)nne¢Uon with the
examin8tion giving cBuse lo b•ll8v8 that in any material respect..
accounting records were nol kept in respect ol the Twsl 8$ f•quired by Se¢tron 130 of the Ad.. or
the a￿oUntS do not accord wtlh thosè records." or
tho accounts do not comply wllh th& applicable reqviremenls concemlng lh8 fom) and cont•nl of a¢￿￿nIS set
out In th9 Charill•8 IAccounl8 and Reports) Rogul•llon$ 2008 olh¥r th8n ony requiromenl ltrwl th¢ awJunts givo
Irue and laif view whieh 18 not a malterconsidered as part of on independenl examinalion.
I have no ¢oncwn$ and hov8 corne across no other matters in cgjnnedion V￿th the ex8min8kn.on to whKh attention SI￿Uld
be drawn in this report in older to enable a propor und6rslandSng oflhe 4¢o)untg lo b¢ reached.
Simon Cooper
Mon8han$
Chart8r•d Acc4untint#
140 Forest Gate
Pow8h•m
Chlpponhgm
Wiltshire
SN15 3RS
DAi¢.....io.... APa......￿..L
P8ge 4

rsons Almsho
tatemènt of Financial Aetivitie
2024
2024
Tot81
fvnd
2023
Total
fvnds
UnreslrfL#ed
fijnds
Re$lrtctgd
fLtnd
Endowm8nt
fund
Notes
INCOME AND ENDOWMENTS
FROM
Charitable ac￿vItieS
Pm¥lsitsn of a¢￿￿mo￿allon
21,716
21,716
20.400
Invpstmenl income
Totsl
26.809
28.809
25,234
EXPENDITURE ON
Charftable acllvltJ•s
Provision olaccommodatlon
20.308
Not 9alns on Inv•JlmeTrts
457
878
NET INCOME
17,922
878
18.800
9.769
RECONCILIATION OF FUN03
Totol ftbnds broughl fomard
887,882
38,8e6
728.728
716.959
TOTAL FUNDS CARRIED
FORWARO
705.784
39,744
745,528
728,728
The notes forn part ofthese financial staterner
Pa￿5

rsons Almsh
lance She
l Drtèm
r 2024
2024
N¢)te8
FIXED ASSETS
T8ngible assets
Inve51mènt$
573.000
1￿.964
576,000
129.448
729,964
705,448
CURRENT ASSErs
Debtors
Cash * bank
1.243
16.195
579
22.432
17.438
23.011
CREDITORS
Amounts falllng due V￿thIn on• year
10
(1.874)
{1,7311
NET CURRENT ASSETS
15.584
21280
TOTAL ASSETS LESS CURRENT UABIUTIES
745.528
726,728
NET ASSETS
745,528
728,728
FUNDS
Unre81r￿1ed funds
Endowment funds
12
705,784
39,744
687.862
TOTAL FUNDS
74S.fJ28
726.728
n¥81 191•gwnts w•r• approv•d by the Board of TNsiees 8nd aylhorf￿d for iULtè
•nd ￿Te slgned on11$ beholf by:
Mis Junny Norrl$ - Trustee
The notes form part ofth88è finandol ststemonls
Page 6

Mrs UtteTron$ Almshousgs
Notes to the Flnanclal Stst•m4nts
forthe Yea
Endèd 31 Dec
ACCOUNTING POLICIES
Basls of prnparlng the financlal statements
Mrs Uttersons Almshouses Ss an unincorp(xated ¢tharity regislered in England and Wales. The address of th•
161ered office is given in the referen￿ and administrativ8 Infomiat(on on p8ge 2 of the finanual statemenls.
The nalure of the Chart￿$ operations and pnnrlpal a¢tiwti88 are inrjuded within Ihe Trustw Report.
The charfty ￿nStituteS a public benefil entity as defined by FRS 102. Th• accounts have been prepared In
a¢￿rd$n￿e Acwunting and Reporting by Ch8rilie8.' Statement OT Recommended Pfact1￿ applicable to
charilies preparing thèir accounts in accordance wlh Ihe FInan￿OI R¢porting Standard applicable in the UK and
Republ1¢ of Ireland IFRS 1021 issued in Ociobei 2019. the Finanaal Reporting Standard applicabl8 in tho UK
and R$publi¢ of lieland {FRS 1021, the Ch4rilles Ad 2011 and UK Generally Accepted Practk*.
The financial slaiements have been Prepared to gNe 8 lrne and faif ¥1￿ and have departed from th8 Charilt•8
(A¢count8 3nd Reporlsl Regulations 2008 only to the extent requlrod to prowde 8 'lNts and lair Thbs
departLJi8 ha$ lrtvolved lollo￿n9 lh• A¢￿untIng and Reporting by Charities. S¢glem8nl of Recommended
Pfaclice applkable lo ¢hAnties preparing their occoun¢s Sn 8c¢ordance ¥thh the Finandal Reporh'ng Standgrd
8ppllcable In Ihe UK and Republic of Ireland IFRS 1021 Is$u8d Sn Oc¢ob$i 2019 r81h8r than the Ac£ountsng and
Reportin9 by Chafltl•$.' Stsl•m•nl ol R¢¢omm•n(led Proctice effective from 1 Aprfl 2005 has since been
Ihdrawn.
The 8e£ounls h8v8 been prep8Ted on a ooing c4Jncem b88is under the hlstorfcal ¢051 convention. modlffi•d lo
includ& ¢&rtain rtems 811gi¥ value. The 8¢¢ounls ¥re pre¥¢nled in sleding which Is thg fvnolional ¢urr8n¢y of Iho
charity and rounded lo th• nearnst £.
Incom•
l incomlng rosoU￿•S 8re le￿nISed In the Slatemwl of Flnandal A¢thitt688 tho ¢horlty1s leg81ty entrflv
lo the In￿rne after any performance eonditson8 ha￿ been met. it 15 probabl¥ trTr81 the income will be rec8lv8d
and ihe amount can bè measured reliably.
In(xmlng rgsource8 from ¢h8rftBble othllles Tepre$enl4 malnl•nanc4 conlrlbullon8 re￿IVed from rn8ld•nts and
1$ r•¢ognised when enlillemenl ha¥ QLurred.
Investmont Incom& li •am•d through holdlng as￿11 for Inveslmenl purpo88s 8uch 8$ •h8r•s. 11 kndudes
d4w'd•nd$ 8nd Inter&81. Where 1118 nol practicable lo Idenllfy Inv8Stmvnl management co$ts incurred ¥￿thIn
scherne vAth reasonable accJJiacy the invastrn8nl Incom• 1$ reported nel of these costs. 11 Is Induded when tho
amount can be measured reliably Interest Income Is reLyJgnised using the effedivo inl&r•81 melhod and dlwdend
Income is ie¢ognised as the charity's riuht lo receNe payment is •stabllshad.
Expendlturn
Liabllttiès ar• r•cognised 08 e¥pendllur• 86 loon a$ there 1$ a Itg*l or conslrucliv• oblig8Jon ¢ommitUng th•
charfty lo that expendlturg. It 18 probable that a transf8r of 8conomSc b•n•fil$ will be requlred in s8tt1om8nl 8nd
the •rnounl of Ihe obllgalion Can bè measur8d rellably Exptsndllu￿ is accounted for on an ar￿￿31$ basis ènd
has been classified under he80inus 1hg18ogfgg8le ell cost related lo the cat8gory. Wh&re wslB ￿nn9t be
directly altrfbuled to pxrtiwLar headings they hava beèn alkJcatÉd lo a¢bvitses on a basis consistent vAth th• use
of resourc88.
Mr5 Ullgrson'$ Alm$hou808 Is not rnglstered for val￿ Added Tox 8nd th•r•for• W￿re 8pplk8ble expendtture lo
¥hown indu8ive of VAT.
Txnglble •¥$ets
Tanyrble fixed assets are stated al cost lor deemed costl less a¢rJJmul&ted deprethation and ac￿Mu[#1e
impaimi8nl losses. Cost Indud•s ￿$ts threcuy 8tt￿bUt8ble lo Ma￿n9 Ihe asso1 capablo of operntirvj a$
Inlended.
Mrs Utterson's Almshou8•$ w•r• construcl•d In th• Lgt• Nln•l•enih C•nlury. 11 was considerad ihat they hgd 8
value for Insurance purpo80s of approximalely £600,ofM) in Ihe year ended 31 Decemb81 2015. This value has
been us¥d as th& dgemtrd cost of the propw¥b"os ¥$ 811 J¥nugry 2015. this being the date of Itansilion to the
SORP {FRS1021
Property is depreciated on a straight line bas15 over 200 years.
Houslng As60oation Grant fundlng was roc81￿d lovrdrds Iho ¢ost of thg developm8nl and th18 L8 repayable
under certain dfcumstance, primarily following Ihe sale of the property, bul this wll nomially be reslricled lo the
net proceeds of sale. A contingent liability has been induded vAthln the accounts io reflect a potenlial liabllty of
repayment were the propetyto be sold.
Thern are 5 units of hou¥ing in m4nagemenL
Pag• 7
¢ontlnued...

IAr5 Uttersons Almshouse5
Notes to the Flnanclal Stst•m•nts- eontinu
for
Y￿r
nd
ACCOUNTING POUCIES- conllnued
Tan9lbh
Invèstmènts
Investments a￿ recognised initially at fair value whKh IB Th)mialty Ihe transadion price exduding transaction
costs. Subsequently. they are measured al fair value ￿th changes recognised In 'net gains l {1055esl on
investments, in Ihè Statement of Financial Actiwtlos 11 th• sh8r•$ aro PLsblldy tradèd or Ih8lr f8lr value can
otherwise be m8asured reliably.
Fln#nclpl Instruments
The charity only holds bastc finanual Inslnjmenis as defined in FRS 102. The )In8nrA818ssets and fin8n¢lo1
li¥bililies of Ihe charity and Iheir measurement basis are as follo￿..
Financial osso
- prop8ymenls ¥rg rv)11kngndg1 in$lwmwt$.
- 1$ da$8th•d as a b•81¢ finandal Instrumenl #nd is measured al lace valu•.
- accruals are flnandal in8trumen18 and aro m8a$urod 01 gmorfl¥ed cost at d8talled In note 9.
Taxatlon
The chanty Is an exempt charity wlthln the meanlng ol $¢hedule 3 of Ihe charib.es Act 2011 ond 1$ ￿nsId8￿d lo
pass the le816 set out in Paragraph 1 Schedule 6 Finance Acl 2010 and Iher8fofe il meets the deffinllion of •
chuiilabl? cornpany for UK COTporatton t•x Pu￿0$e$.
Fund #¢¢ounVng
Urtreslricted funds can bo used In ¥ccordanu ￿th lh• ch81itable objectives at the discr•llon olthe trusleey.
Restricted funds can only be used for particular reslridod purpos•s Mlhin the objecls of Ihe chartty Reslri¢llon$
arise when specified by tho donor or %th8n fvnd$ are ralsed for partii#Jtor restrfcled purpose8.
Endowmenl funds r¢pre8enl thoBg Ossels whlch must be held ponn8nenlty by the Charfty. IrKome arfilng on lh•
end￿￿￿ent frjnds can be used In *cctsid•n¢a wlth th• obloct8 ol Ihe L*arily and 18 Includ•d as unrestn'ded
In￿rn￿. Any ¢apllal g¥ln$ or 10$898 arfslng on th¥ Inv•$lm&nl$ fomi part of the fund. Inveslmenl manogement
charg•8 and legal edvice relabng lo the fund are charged agalnst the fvnd.
Further wAplanallon ofthè nalur• and Purpo￿ of each fvnd Is induded in the notes to th8 flnanctol $1otements.
Cycllcal r•palrn And m•intrnance
Mrs Uttérson'$ Amshou8¢s has e$14bll$h•d • re9ulor pro9ramme of cycllcal re￿1￿ #nd m•lnt•nance.
#re charged lo Ihe Revenvo Account in the ytr8r In which they ar? incurted.
Goln9 concern
The accounts have been pfepared on a going ojncem basis as th& Iruslèes believe that no mat8rial
uncertainties ￿61. Th8 trustees have ￿n5¥dered the level of fur￿$ held and the expectèd lÈva5 01 income and
exp8ndilurè for 12 morhlhs from aullsorisirtg th8se financial $lalemenls. The budgeted incom• and gxpendllufe 1$
$uffirAent with the level ol res¢rv¢$ for the chorily lo be oble to Gontlnue as 8 goino ¢oncefn.
INVESThIENT INCOME
2024
2023
Invostm•nt Incomg
5,093
Pap8
continued...

rs Uttersons AlmshoL￿e8
No
FlnancTal Ststèm8nts- conttnue
orEn
ember 2024
forthey
CHARITA8LE ACTJVITIES COSTS
Svpport
cosis (see
note 4)
Difeci
Costs
Tots15
Provision ofaccommod¥tion
7.603
1.741
SUPPORT COSTS
Govemance
co￿$
Provlsion of accommodabon
1.741
TRUSTEES. REMUNERATION AND BENEFITS
Th• charity ¢on$ld•rs key mAnagemonl per%Jnnel ryjfflprisa tffj8ttè8. There no tru8toes'
r•mun0ra￿on ofolher ￿ner￿S for th• year ended 31 December 2024, nor th• ￿Or ended 31 0￿M￿r 2023.
Tru8ttt8' expèni
There were no 1rn181w' expjnges pald for thtt year entsd 31 D•cemt•r 2024 nor for thfj y•ar ended
31 D8c•mbor 2023.
No Iru8tse8 (2023: nlll Wef• r•lmbursed for trnvel #nd sub8l$l•nc• exp•n￿5 In 202412023.. £nlll.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL A¢TivmES
Unrestricted
Reslrieted
fund8
fun¢J
Endovm)enl
fvnd
TotAI
fvnd8
INCOME AND ENDOWMENTS FROM
Ch•rltsbl• •ctlvlV••
Provisl¢n of $C￿Mm9daIlOn
20.400
Inveslmenl income
4,834
Total
25,234
25.234
EXPENDITURE ON
Ch•rltsbl• actlvltl•s
Provision ofaccornmodation
Nel g8ln8 on Inv•8tment8
1.522
3,321
NET INCOME
3.321
9.769
RECONCILIATION OF FUNDS
Total fund5 broughl lorward
681,414
35.545
716.959
TOTAL FUNDS CARRIED FORWARD
887.882
726.728
Pa￿9
conllnued...

Utternon¥ Alm
Notès to the Financial Statemen
for the Year En
nu
TANGIBLE FIXED ASSETS
Frgahold
propety
COST
At 1 January 2024 and 310ec8mber 2024
000.000
DEPRECIATION
At 1 January 2024
Ch8rg• for year
24.11)0
At 31 Dec8mber2024
27.0(10
BOOK VALUE
At 31 DerAmber2Q24
573.0
Al 31 De¢ember 2023
576,C
Mf8 Utt&r8on's Almghouses were con8tmd8d In Iha 18ta Nlneteenth Century. 11 w88 considered th91 Ihey had
volue frjr Insurance purFQ5¢5 of 4pprgximately £600,IJ)O in the year onded 31 Dec8mber 2015. This value haB
been used as the de•m•d cost of the properties as al l January 2015, this being lh• date ol tran8ilion lo lh•
SORP IFRS102).
FIXED ASSEf INVESTMENTS
Unlisted
Inve$im8nls
MARKET VALUE
At 1 January 2024
Ad¢Jition$
Revaluallon8
129.448
26,181
Al 31 D•eember 2024
156.984
NET 8OOK VALUE
At 31 D￿mber 2024
156,964
Al 31 Decgmbgr 2023
129,448
Ther• wer• no Inv￿lM￿nI assets outslde the UK.
Inve8imenta am represenled by.
2024
2023
COIF Ch8rfI88 Inveglmenl Fund
Ch¥Tity Mulli As￿1 Fund
BLK Charlth'eB UK Bond Fund A A¢¢
39,744
64.838
S2,382
62,736
27.847
1￿,964
129.449
Inv¢8lmenls ar• stated at market value, 1.•. falr value. The fair value ol inveslrnent8 rs dolernined by f•ler•n¢•
lo the quoted prfca lor Iden￿¢9109SeIS In an 8cIIv8 markel 81 the b819n￿ $h9et dotg.
P¥ge 10
r4ntlnued...

Mrs
Almsho
No
the Finan
On￿nue￿
forthe Year End•d 31 D•c•mb•r 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2W23
Trade debtors
Prepaymènts and ac£rLwd income
15
1,243
1.243
679
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
AccFued expenses
1.674
1.731
Deferred Incom• r•lales to malntenanc* contrfbullons rec•lv•d from r•sld¥nts In advance
11.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Tolal
funds
2023
Unreslricled
fvnds
Restricted
fvnd
End(Mm•nt
ftsnd
funds
Ffjxed assets
Investments
Currènt 865tr18
Current IlablliU•s
573.rMJ
117.220
17.438
11.8741
573.000
156,9S4
17,438
11.874)
576,000
129.446
23.011
11,731)
39,744
705.784
39,744
745.528
726,728
12.
MOVEMENT IN FUNDS
Nel
movemént
In funds
Tr¥n6fern
b•tween
fvnds
At
31.12.24
Al 1.1.24
UnY•*trl¢tod fund•
Gener81 lund
Cy¢lic41 Mointenance
Revaluats'on Reserve
114.974
42.c￿3
530,885
22,084
11.39T)
12,765)
(21,6261
21,626
115.432
62,232
528.120
7,882
17,022
705,784
Endowm•nt fund•
Pemi8n8nl Endowment
878
39,744
TOTAL FUNDS
T26.728
18.800
745.528
Nel movemenl In fund8, Incaud•d In th• •bDv• •r• as follows..
Inc>)rning
resourc4s
Resources
expandèd
Gains and
1055es
Mtsvement
in funds
Unrgstrfctsd lund¥
G•nero1 fund
Cydical Maintenance
Revaly4llon Reser¥e
26.809
15.182)
11.397)
12.765)
457
22,084
{1.3971
(2.7651
26.809
19.344)
457
17.922
Endowment funds
Pe￿artent EndowTnent
878
878
TOTAL FUNOS
26.809
19.3441
1.335
18.8(L)
Page11
¢onlinued...

Mrs Uttersons Alm
Notss to the Financial Sts
ment8-
ntinued
12.
MOVEMENT IN FUNDS- ¢ontlnLwd
Compar•tl¥es for mov•m•nt In fvndB
Net
movement
In fund$
Transf8rs
betsv8en
funds
At
31.12.23
At1.1.23
Unrnstrlct•d funds
General lund
Cyclleal MaintanarKe
Rwalu8llon Ros¢rv•
113,452
34,312
533.650
11,631
(2.4181
12,7651
110.109)
10.109
114.974
42.003
530,8B5
881,414
8.448
687,862
Endowmènt funds
Pennanènt Endowm￿1
3.321
TOTAL FUNDS
718,959
9.769
726,728
ComparatvR net movemenl in funds. induded in the above are as follv•M'.
Incomlng
re3ource8
R&soLrr¢es
expendad
Galns and
los$e$
Mtsvemenl
In funds
unr￿trI¢l*d fund•
General fund
Cydi¢al Malnlen8nce
R•valualion Reservo
25,234
(15,125)
(2.418)
(2.765)
11,831
12,4181
12,7851
26,234
(20.308)
1.622
Endowment fund•
Penn8nenl Endowmenl
3,321
3.321
TOTAL FUNDS
25,234
(20.308)
4.843
Cy¢ll¢•l Malntenanco Fund ICMFI
A de8ign#led ieseNa for both malThten8nce ocujrrtng 81 rngular InleThals (but nol annually) and firturn
maintenance expendilvie as identified in the As￿1 Managemenl Plan (AMP). This covers all cyd{￿l
maintenance and long8r temi expendilure including. lor example. rè-roofing as well 88 periodic replacemenl of
kilchens and bathrooms. Wilh thls In place the tn￿te85 do nol See Ihe negd for ￿por81e fund$ for
'improvement8 lo propertl or'exlraordinary repairs..
Fubjro conlrfbuts'ons to tho CMF Yllll be r6vi8wtd ènnuilly In Ilne vlth the AMP.
Pgnnanent Endowment Fund IPEF)
A fund that holds investments where the (3pital must be retained In th& tharlty bul Ihe inc¥Jme mmy be used to
support the genetal fvnd.
The surplu6 before gainsAoss gen8r81ed durÉng th& y&8r on thtr gener81 fvnd of £21,826 (2023.. £10.1091 has
been ts¥nsfetted lo the Cydcxl MaInlenan￿ Fund to be sel aside forfiAure maintenBnctt èxpenditu￿.
Pogfy12
contlnL￿d...

Mrs Uttersons Almshouses
Notss to thè Flnanclal Stst•mènts- continuèd
rtheYearE
13.
CONTINGENT LIABIUTIES
Houslng AssoclalSon Grant funding of £20,612 towards the cost of development of the freèhold proprty was
prtViOU51y received by Ihe th8rity . Under cert8in ryiGumBlances this 15 repayable. primarfly foll￿%?n9 the sole of
the propety.
14.
RELATED PARTY DISCLOSURES
Ther8 ware no r81gled pariy tran8actfons for the ygarn endod 31 D8￿Mber 2024 or 31 O•cembef 2023.
Page13

Mrs Utte￿0n5 Almshouses
Dotslled Stat8mgnt of Flnanclal Actlvltleg
for the Year En
2024
21r23
INCOME AND ENDOWMENTS
Invo4trnènt In￿m*
Inv8Stmenl Ino)me
4.834
Charitrble activities
MaSntenance Conlriblrtk￿8 from reslden
21,716
20.4CAI
Total Incomlng mourco4
25234
EXPENDITURE
Charftsblo •Gtlvltl•¥
Service8
Day lo Day malntanan
Property repalrs
Freehold property deprnaètton
1,476
2.719
1.917
7,873
3.263
16,053
Support co•ts
Govern4n¢• ¢o¥t•
Accountancy
L&go1 and professlonal
1,741
1,705
2,550
1,741
4.255
Tolal rnsourc•s 8xpend•d
20.308
N•t In¢om• b•loM g•ln• and Io•M•
17,485
4.926
Re•ll8¢d r¢¢ognleed g•ln$ ond lo••¢•
Roallsad gainsl{losses) on fixed ass
Investrnents
1.335
4.843
N•t Incom•
18,800
This pagB dogs not fomi of th¢ Slatutory financial Stat￿￿nts
Pago 14