REGISTERED CHARITY NUk4BEFi. 202082 R•port of th• TrLT81860 and PlnhnslAI Stql¢mbnt8 for th• Year Ended 31st Decembey 2D24 for Thom40 Co￿011,* Char]ty Thomas Corbett'# Ch•rlty Contefits of thè Flnanclal 8talemonts forth8 Year Ended 31s1 Dermmber 2024 P•g• R•pori ofth• TNAteoB 1 to 3 Ind•pgndont Pxmmlngrfs ￿por1 Ststsmont of Flnandal A¢tfvllJè• 3alanco Shg•t Notès to thg Flnan¢lal S¢aternofit 7 10 13 D¢tallod Staltment of Flnanel81 AttTr4Jtie8 14 Yhomab Co￿$tt,& Chartty Report ￿the Trutstoés for the Year End¥d 31st D•combpr2Q24 Th6 trustees pr¢$entthdr report the fin8n¢l81 slthmprlts of Ihg fvr Iheyearended 3181 D£eÉrnkr 2024. Tho IrtTSt99s have adupled Ihg piovlslon5 of A¢￿untIng and R8POttino by ChaAti68., Slatsmani of RacommendoJ Prect c8 eppliGable to charlUo6 préparing IhBtr aKounts sn OCG)rdBncewrth the FlnAnci81 Stsnd8rd app'.IGabb 51 th8 UK Rapul4ic ol Ifdand IFRS 102I1offeGtivo 1 January 20191. OBJECTIVES AND AGnVITIES Obj•cllve$ and elm$ Th6 oblbcts of1￿ chartty ara, at lh8 d$Gollon of th8 tru8ts$8, to rn&kg gr8n19 out of th$ R•glrbl8d Endowm8rt Fund lo V8rfNs Iccd chdrflbs 8B 891 out In the wlll of Thoma8 CorbBtt d8cea5ed, ¥nd, wbloct thereto, to mthlaln Rnd hsure thb Vfychbold Alm5hou*5 erKI glwg 6UPPQrt1g lh6 eceupant8 thor8Dlwho shEII b8 not morè th8r. 12 In nLrnbar. The Irv8tee8 m8y aT80 make do,iottons lo CurBte'8 Stb8nd Fund In the parlsh ol Brferfey Hlll 8nd towgr(ts the upke"p of Ihe d)wchyard tr.. StL*o Prfor. Subl8ctloth8 abovg. Lhotru8teoB may atth6lrd18cr9Uon make dDnilonBto hospttaIJsnd ￿MIlarI￿811UI1￿nS 1nlhae0t1n￿es ofWon*ster8hlre, Stafferdshire and the Cltyof 81rmlngh&m. Iw'ards the acq￿s￿l0n orpreEeryallJnof land oropen gpa¢8 fortha benefft of the InhabltanfB of lown8 In the CDunty of Worc081er8hlro or of Brferf8y Hlll, to assoGgllon8 for11￿ Bfivlng of Ilf6 -t soa and for fhè benpfit Df searll9n or wfjred 6earnen, to chlldran, lo formeT rngmbetE of the amiEI forttr*i, to PaT80fhg who by re230n of age, Blckne8$, bllndnaay or dgath&66 are In need of rellè. xnd to the hcrna50 0. 8llpand• or In holy 0￿￿￿8 vdih11 fhv countles ofworcoplgrshlre. StafforthNre ortha Crty olBNThlngham. Publlc ￿n￿lIt Th8 tru8t888 cordlmi Ih81 th•y (a)mpllod ¥￿th thg duty In B9cUJn 17131 of the Chadlel Ad 2011 to have duo rnggrd to publltheof by the Cherty Cofflm￿￿0n 8 on pubjlc b8ngfllwh8n rev18%￿ng the Gharily'6 ¥ins and obl¢cOves and In plannlng futur6 a￿￿1￿￿$. A¢HIEVEMENT AND PERFORMANCE ChAbltablo oGVvlll• Th8 OC¢XP8n¢yof th&Alm5hou8e8 has bgen P.Igh dvdng Iheyear. Thg n8od8 of the T6Eldcnts have bg8n rncnllorad by thg ustaes on &roguJw baBI8. Glftg were not provld8d to res11￿1 Èl Chl6trn8s Ihis 2rMun:Ing yEaT12022.. £nlll. In th8 ruturg, the tru8tees I￿,,1 (￿ntInuE tr) Bwgkto Improve Ine ¢w81tyof Ilfv Dfth?poor andth8 needy￿SId￿￿ kn th8 AJmshou808. FINANCIAL ReviRW FIAanclal ptmltlon Inrornlng re80Lrn forthgy6ar ¢onsL8ted of6orttribution$from r¢S￿ent& gr8nlB and Invésimonl Ir￿orn?.Th888èMDuntSd to £L,e8112023., £50,323) In lotal. Dtrocl ¢hgrltats19 gxpoNJ1tU￿ In furthsrance oltho charlty6 oWcNv08c￿￿ad￿j of the axpon88$ of matsrtelnl￿ and runnlng th&AlnMhDiIBe8 aM￿ryted to £47.771412023., £57,945), wllha fvrther£12,f3312o￿'. £0.1741 ofsupport manau8tnent COgt8. Neloxp6ndliure lex¢ludlrg effects of I?￿alua￿￿ of Irw6strllentsl 8mouni8d to £3,43012023.' ntst incom9 of 522,1361. After 8diu8tsr4 for rovaluallon Mo￿￿&￿tB on Inveslmonts. Ihe lotej lund baan by £20,65912023,' iknrDa89d by £8.3121. The Endowrnantfvnd h¢rgaBed by £11509 {2023', increa60d by £8,89UI to £874,06112023'. £855A52) ard cen us8d to msk8 grant8 to varfau$ Iwal ch8rfles as 8glout In the Wll of ThDm88 Corbett le￿8￿d. Reserv•8 polley Th8 unrB8Mdod 01£13,322121Y23.. £11,18218Tg h8ld for Uie fuknre matnt¥ngnc9 of charlty'¥ pr(iJeth8 60 fArÈ# th8E8 Aré notprO￿l￿d in thg extm¢rein8ry repalrfund. ThetnJsteeJ•ckno￿￿8¢Y8 thotth6aTrouit50funr8Strfct8d r888r¥98 has dlmlnFs1]ed in r8c8nl years, whlth hBg begn a resullof BxcBpU¢nal costs to flats In order to brfng Ihem up lo mod8m stondsrd. Those works havg now bsan completed the tNst*$ dp antJ-Ipal& guc* slgnlflc8nt 6xp8ndltyro In tho noar fuiure. A8 a ieéulL th6fre8 rn88rves posllon is ÈxpocAI to 8tr8rythern Inthe tsjmlng y8ar5. Paga 1 Thom¥ Corbett'j c*￿rIty Rèpert ofth• Tru8tg0 fer thè Yoar Ended 31Bt Deo8mhor 2024 FINANCIAL REVEW Invtslmènl pollcy and obJo¢lFve TP.6 orth8 poIIcy 8111 to onÈur& Ihe ¢rpaUon 018wfficlontlncomè ond c4ptt&l growth fro enablé the io csry out its purp06e8 ￿$￿t8Th.￿y9￿r byyéer wllh dup ind prop8r¢on8lderaUon foTfvlure n08ds and the m•lnlendnc¢, entt11 P099IL48, gnhancement )fthg v4Iu6 ofthe In￿Sted futwIB. The Ju3tèe8 wil Investtha fvrK16 h acco￿an-• tho Trustee Act 20￿. wtrlch Ihal thetrus:¥￿.. S￿.1 èxerc188 ￿wor wllh Ihe car8 that a prudent pwsgn of ￿SIn￿ w0￿d kn memng Invgthent8 a porson farwhom th&yfdl morally obllged its PTovid6.' ¢hall nolmakg any 8peiJJl8tlva oi h8zardou8 Invgsimgnt19nd for a¥olOanca Df IhLs powerto Inv681 d069 not 8Xton4 to18ytng oul monty on lh8 a￿uleIllan olfutur88 ond ortr8ding opuonol. ha￿ hav8 règard to tho need for dlverslftcatlon of In￿￿￿onts In thè drcur,stsn¢è8 of the th$rlty and tc 8uttabifity Dftha prDposad InveBtm8n wlh ths excepl'on of erfush Gov8mm?nl 8ecufiII89, ths InI￿al fjnva8trn&nt In ono holdlno shoulo n9t 0XCOgd 5% gl the totol value ol he portr￿105 Rnd Ihe 8um ofall holdIn￿ In excg8s of 5% rnu51 not be wual t¢ or oxc9ed 40% am whore no Indfvbdukl holthng wlll bo gre&l&r than 70%,. Ihbre are no 6th1￿1 or g80orathlcal ra8trfcUo Addmonally, th8 tru8t8ea h8v8 a duly to reviw Ihelr Inv6slm•nt8 at rggular InteNal8, tN8tees WWI fftvlow the Inv8sknent poNcy otlaa81 anrllally. The tru*.eQ4 chgrye 8nyp8rt oflhe rAJI￿Y at any Ime. Thg bN•gtsn8nt manBg8r must be on &uthorte•d Is gnoded to cm, investmlnl bu$ln?8E und&r tho provlsh)n¥ of th& Financt&l SeniGps Act 1986, Tho tru$t986 havo ￿&1¢¥thd the powars of Inve8knenl MB-, ag&n￿nI to Rathbon) Inv6strrteTht Managemonl. Tli• 8Ff)olnlrnent of Ralhbone Inv88lm8nt Marnagornent ￿11 be rnv'.w8d ofi o regu18rbas1& P•rforman Th8 totsl valug of the porifDlkJs WWI bg m9a￿r6d by roferaw to the FTSE Sh8rè Ind￿. Cqsh Dopo81ts Cosh d8P08WB Arp placed wlth approvod banks wNh wJY8blo ¢redf rellng& R8thbofte1rn08trntsnt Manag8rTr8r.t as part ofihe IrnveBtmenl parvolio. Rlik ABsMsmenl Th8 truaieÈs ￿gU12rfY revbw lh8 rf&￿8 to whlth they mbahl ￿ exposed. th partbxkir aitanuon to r991dènts' h6glLh and safgty, rBcL¥nrnond acU¢)n kn mllloats th086 ￿sk8. STRUMRE, GOVERNANCE AKI MANAOEMENT GDvernlng doGtsment Th9 thar￿18 ￿nIldI￿d by ft$ govemlng d(rUM￿¢S conslltullon.8thJ (>JrBUtuts8 8 Ch￿￿bI@ h(x)rporatsd O￿￿￿6a¢10n. Reorultm•mt and 4)polntnxnl of now tru8tMs Tho boord ofTw8t986 appolnt n8Wtntstèt$ when ￿￿11J0￿ b•wm¥ ¥￿1. D8¢1*kn maklno D8c1st￿8 ato bythg tru8tsos in 9&n&•l me6lr4 and execuilon ofthos9 d9L*Son lè dgl•Jatsd to thè Cl&k REFERENCE AND ADWNI8TrATIVE DEfAILS Cash dtPD¥tte rnay 21￿ be r8t8lnfjd by Rogl81ored tharlty numbor 202032 Prlnclpal *ddr•g5 Fem Bank Wke tar Reddltth WoreaÈtarshlra B96 6NY Page 2 Thomas Corbelt's Chadty R•port ol thè Tru¥tees fwtho Ygar Endod 31$t Dooombor 2024 Twste88 Mrs R R Wyatt MrB S M CUUOY fvlr E A B Ivebb Mr C Ceddl¢k Nr8 J Collnjs d•pend•nl Examlnar M8IIB6a G 19.Q52 2,000 182S1 11,672 17,331 20,229 30,681 CREDITORS Amounts f011ivg dug ￿thIn 13 147201 18h70) 112245) NEf CURRENT ASSETS I IUABILMESI 13,332 000 11.573) 13,7S9 f8,4 TOTAL ASSFf3 LESS 4RENT LtABILITIE6 2,000 6Y4,Oel 089,393 668,734 NET ASSETS 2,000 074 091 tag,393 FUNDS Un￿str￿terf Rethcted lund8 EThJDwment funds 14 13.332 2.ClOO 674 061 11,182 655,552 TOTAL FUND8 Tb&flnart￿l $tgtemenlswereapprwd bytheBo8rd ￿TrLOt89¥ P￿d dut1￿￿88d h-l$$ueon .....%..x.J.i.oJ..2..4...,..... 8nd wer gned on Its bthalf by: Idrs S PA Culiar- Thg ncte8 fom) p8rtof th088 In8ndo1 Btthmont& P89¢ @ Thoma$ Corbgtl'¥ Charfty Nole8 to the Flngiiclal Slatem?nts lorlho Yger Endèd 318t Decernber2Q24 ACCOLINTJNQ POUCIES PASI8 OF PREPARING THE FINANCIAL STATEMENTS Tho finano1bl 8lqlements of Ihe cjwlty, whlch * a publlc bL•nefil 6nYty under FRS 102, h￿0 prep¥md In accord8nc8 ￿tth thg Charltle8 SORP IFRS 1021 'AcwuntlryJ and RapThtlng by ChBrili8s'. Stalamenl of R8¢omm&ndad PraGfj¢e appli￿11￿ to charlileg prgpahng Ihelraccounts In ￿0[dance thg Fln8nc5d Repomlng Sl8ndard ap￿ICabl￿ In th? UK 8nd R6pub'lc of Iroland IFRS 102119th1fv9 1 Jaiu8ry 20191,, FinarKI4 ROpO￿ng Standord 102 The Thnancl81 Rgporflng Stsndarc GpplI￿b10 In the UK &nd RepuNlts cf Ireland, and t*J& CharfJ8B Act 2011. Tha Inonclal ststarn￿ts have begn prep&red underlhè h18tOriC81 CDS.. con￿nI￿, wxh the fy￿pU0n of Inve8bn0nl8 whlrh arg kncludwj al mÈrk81 va￿&, a5 rn(￿￿ed by the r8V8lThllon i?f u8rtfj1rt tywEots. Thè 8lgnillcomla￿0U￿I1Trj yllclg8 ekWl8d h th8 propEralonoflh&o0 fin8nckilst8temsnts &re 60t 0utbB￿.The8e polldes triqve bgth ￿￿71818￿(ty applled at all year8 pr968nl*Y unleB8 oth$r¥i189 8tgtod. Thè 8c¢oLinlfj are prepèrefl h Stsllw, Ivhl¢*1g Sie knncUon81 Cu￿nty of Ihg Cha￿ty. Mw¢tgyamount6 In ih888 8tatemènt8 rwndet to the n8arest £. INCOME A11 irKoMg18 rocoonLged In lh8 Stst¢ment of Fln4nGid ActlvlY88 orirg Ihg charjty h0¥ 9nttt4ernentto thè ￿[1￿. Jt la probablè tratLi¢ In¢ome wll ￿ received And the amol￿t w bj rnaa5ured rellabty. Incorno trom m4rtwonc¢ recelpts f8 re￿￿￿1)ed In Ilnè wjlh lh8 p8rivds Ic %¢nkh $uGh Income relat8* Grant Incomo ￿ rocagnlsed wth8n t18 charily hab tseen nolfied tsf the arnounts. If therE &ra condllbn6 attachod lo th$ grant and Ihi$ requlr09 818vo1 ol p6rfomencB b8for9 enlllgment can bo obtained than Irmns Is dèfèr*d Lndl th08e conditton88rgfullym9t4rtholulfilrnèntofth08•condHJon818Mlthlnthooontrd célhoclwityand Ill$ pK)b8bl& that they ￿01[ bg fulftll8d. liwmo from Ilstfjd Inve31men18 fs rèrwlsed th• rtght to r8celv8 paymgntlse8tablohed. EXPEMDITURE LIabIllt￿S ar8 re￿nISed a6exp8iidttuTe assoon Agtrt?r8 Isa ￿jaI Or￿nStr(￿￿¥eot41QQt￿ft£￿rnmlItiwth9 ¢0 tl819xpendlttre, it18 probaN6 ￿t a transferol econLYnio bgnefftswrfll be r6qutrad in 88hlerngnt and thFJ&nwnl f the oWlg8tlon can bo rollabty. EXp0ndl￿1r8 la aKounted fr* ￿ an 8c¢rual8 ba81$ atvj h88 beg CL9$6￿ed underh88dlw8 that aggregal8 41 cost rglat8d to IhB"cat8oory. Wh)re ¢0￿& c8mOt be dlr8cltysltitAJted to P8rllcular hoadng3 thay h￿e been81￿¢￿ted to aclmtbg on a bAsls ronsktonl vAth the u88 of rewurce& TANGIBLE FIXEts ASS￿$ Fretrhold prnpty h8ld by thOd￿￿tylera￿r￿J dm8h)u8e8 hav8 heen Accournigd forwHhhtsnglNe fi￿a$s91£ on the boalB thAt It L4pryorty held prtmwlly foril* prov161on of 80cIth bgnoffto. Frnehcxld property Is not dep￿at8d on tho basl8thattt6 ra9￿ju91 valuelg not Èxpactod to bè materfa￿y1Ob￿erthan Its orlglnal c081. USTED114VE8fMENrs Qwted Inv48tments aro knduded 8t fvlr vdue, b61NJ th•lr rnafk£l valuo, Rao1189d galns and kJs806 on 8818J In￿￿tr￿entS are ealculaled Os 8810 procapds IBSB mgrk•t value gllh6 start of Ihe perfod, or co3t N pwcha8ed urlng the perfod, And are kncluttÉd In thè 8tstemgnt of FIDM¢ial Acllvid6s and Income FxpondthNAcQ)￿L Ufifoali%gd galn8 and 108se8 are Included In the Stat¢ment of Flnanejal A¢tlvlU&s and thg Stetem&rt (* Total Re¢ognised 08ln8 an(f Lo&*eE. Tho r&portfjd Thel IncoM•￿expend￿￿I8 ad)Jgtodforth8 r8&lL80llon Of?￿r￿e￿Orf gBlns or Ioss88 on Invg8lmerrt8to ardve at the h1th￿l ¢x8t r￿1￿¢Ca￿e or &XF4ThJliurB forth8 p&f¢)J, TAXATION rhb thority Is &xompl from tajt on tts th8Fitsble 4otMUo FUND ACCOUNTING UnmstA¢ted fvnd8 c8n b8 U88d In 4¢rordanc6wWi charltoblp cblectlvey atthb (knretlon of the trustw. Re6tridedfuThl$ ¢an onty be ugad lor pwts'cular ragtslcted wrpow wlthln the oiyacts offv thrty, Rtslrfdon8 Isg when 8K*CtRed by th8 donororwhon ftmds are YaSged for pa41¢u￿r re8trKtgd purpo988. FurtherexpFsnaUon of thè wrptrs8 of fund ￿ IndLKl&l In (he notss to ttre flronLa818tatamÈnt& nvmutd... Thom88 Corbett'¥ Ch2Ylty Notè& to tho FlnEficlal Stat8m•nts- conflnuod for tho Yoar Endod 318t De¢omber 2024 ACCCNJNTING POLICIES- G￿l￿U8￿ HNANCIAL INSTRiIMEFirs Thg charity ha$ ei8cIGd ts apply pro%,Islc4)s of Sgcdon 11, BB8lc InBtrument8' and SBGtlon 12 Thgr Fln£n-lai Inslrumonl8 Is8U8s' o, FRS',D2 1) all ol its flnenoio.. InBtrume.qls. nanclal Ingtrurne.It8 are rscognl8¥d w￿n Charfty b0￿me8 PArty to ￿ntrac￿LIa1 proyldong of In8lN.Trrt. Flnancld as$818 pro offEet, vAth ng1 amo￿ts prosontsd In Ihg aceounts wher¢ there Is a18g?Ily enforceable ght ts) sèt off thè rocogni80d &mountts and the￿ IB an Ir,knlon to on B nel ba918 or lo rea1160 tho 9￿0¢ and ettb Ihe118blllty slmu11aneoJ6￿. Ba8lc Fln8ncW A¥$•ts finand81 a68ets, whlch I￿1￿￿8 Irada ald olhgr r9￿￿￿b[8$ and cash and b￿k bBl8ne98, arg Inllkl Yg8surad 8t tr8n.8&Ctlon prloe IndudlryJ transaCt￿ne08t& arg sub¥gqu&ntly carried at gmorbBgd tI￿rjaIh8 effeclw8 ￿￿￿$1 method unl89s the aThangomenl c¢n81itut£s a financlio Iren8a¢tlon, hvftere th8 tr8nsastK)i 18 rn&asured al th6 pre8enlvalue of ￿ futur£ rgcdpl$ dlbGountsd at a mwk8tr@tg of Inlern8t. Ba•ic Fln•nclal Llabilitles Baslc ffnandq1118￿Iitie6, includlng tr&de and oth8f pa￿bi@s. are Intsalty rwnlsed at Iro#•sGbon pAc8 unlps$th8 arrang￿ent ￿nS￿bj19s 8 flnandr.o trdn5acOon, where the d8bi In8bumanl18 rn88sur￿ al tho pffjgtnt va￿0 ol tLrtuM rEt￿p1S, d18Gounted at B market rdtg of Int8r8St. Debt knstruM￿S £r6 subs8qu￿tty larded g: smorU8ed cost, uslNJ Ih&•fieCt￿9 Intere¥trats mothod. Trad& payab186 ara obllggtion8 to pay forgoods Dr ￿e.￿r￿$ Ihgl have b¢en •Equlr9d In ordlnttry cgurse ol Iho oparRlons sup￿]ers. AttountB payabla gra ¢1o$lflgd cuwantllatsllmjes Ifp8yn7entl8 ilithin on8 véaror IpB8. If not, they8r• w988ntgd ￿ Mn%urr¢nt IFabllWeB. Trada p8yabb8 8ra rwJnlgÈd Intuolly at tran&qcUoi w8L DONATIONS AND LEQACIES 2024 2023 recebfAJ, In the ubovè. Ère 08 folbwE: 2024 2023 Th& W. E. Cwnn TNst INVEsThE￿r INCOME 2024 2023 Usted inveglmpntlncorne 8ankinter98t 0,659 147 6,245 conthuod... ThornHs GorbgtV$ Charlty Notoe to thé Flnantlal Sl8temènl$. contlnu8d lor tho Yg&r Endod 3181 De¢emb0r 2024 RAISING FUNDS INVESTMEKf MANAGEMENT GOSTS 2024 2023 SlookbroW6 fag Rpnl col8cIIc*n 3,000 3.000 N￿lITA￿LE ACTIVITIES CO8T8 txrect C09ts Isge nDtfr 61 Support )8ts168 not• 71 Tota18 DIRECT COST8 OF CHARITABLE AcTrvm28 2024 2023 R4t&5 and water In$uranLx LlghtaTrJ h881 Td8phoN Rtpelrs G8rd8nlng Corot6kats fee8 8yridrfo8 4574 1,759 2.4B1 4oso 1.622 2,501 7SD 207 4,816 7.Q S2,264 5,850 47.778 8UPPORT COSTS 2024 2022 Bank charg¢8 Clerk lo the ch3r]ty Ind8pendenl trxarninatl￿ 18+$ OmGrfeès pa￿ to lnd8p8l￿8rt•X1Mer 0th8r a￿Jnts preparaion f¢e8 Grrts L￿1 snd ProfBsslong1 78 6,QOO 680 29 5,829 812 124 TRUSTEES. REMUNERATION AND BENEFrrs Tharo w8rg no t￿1&8￿, r8mwn9rallon oy Ott￿ beneffts tr th? par gndgd 318t Dec•,Tr)ber20Z4 norfor4h& yèar eTrJad 3181 DeCern￿r2023. TRUSTÈES. EXPENSES Thgrg Mre Tro trust88* expen8e8 pald for thè year thded 91it D￿bar2024 nor for the year ￿d￿d 318t Decem?gr2¢Y23. conunued... Thomas CorbÈtt's Charlfy Not85 to tho Flnanol81 Slaltsments. convnuod forthe Ygar Endod 31$1 Dgcpmbor 202 COMPARA71VE5 FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrg8trlGl8d fund Endwllgnl Total INCOME AND ENDOWMEMTS FROM Ch#rftsbl• activit1•¥ Melnl$nai¢B of ￿lyChbo1d Arn6hou66 Don8tlon8 and leoAcb8 43,88B 43.888 Inv88tmant Incorne Total EXPENDITURE ON Ral8lng funds 2,340 3.000 5.340 Charrtablo aGtlvltlè¥ M8lnbnanco of Wychbold A￿S￿,ou80 Totsl Nat galr￿l￿O8￿eS on Investrnentsl 8,890 NET INCOMEIIEXPENDifuREI 112.202) 3,890 18,3121 RECONCIUATION OF FUNDS Trrtal funds brought fO￿ard 23,384 2,000 651,662 877,046 TOTAL FUND3 CARRIED FORWARD io, TANGIBLE FEXED AS8ET8 Frèehok4 Pfoperty COST Al 1stjanu￿ 2024 and 3161 Decembar 2024 NET BOOK VALUE At 31¥1 Dectmber 2024 Al 31rt DeGBmbor2023 Page10 Thoma8 CortJ•tt's Chartly Nots8 lu th• Flnanc181 Statem¢nts- ¢(fftllnwd lor Ihg Ytrar Endgd 3181 DgGBrnbor 2024 FIXED A8SEfiNVESTMENTS Listèd Inv06tmnts MARKEf VALUE At fj$l.arTrL8ry 2024 Addllbn DIsp09918 RèvÈlu8flon 041n￿ll)S8e$} 2eo.2#8 278,61B 1277,3711 At 31st De¢ernbor 2024 T BOOK VALUE AI 3161 D8cgmb9r 2024 285 634 ' 81st D8c4mber20Vd 260 12. DEBTORS.. AMOUNTS FAUNts DUE WIThIN ONE YEAR 2024 2023 Trada dgbtorg knounl frMI Thvm&BCo￿0tt,S Charfty lttorlty no. 1190328) Pr8paymènt8 and accrued Iwme 1,875 8,B50 18.18B 1,163 13. GREDITORS: AMOUNTS FALUNg DUE VIITHIN ONE YEAR 2024 2023 T￿de L¥8dtor8 Othèi cr&Jltor8 2,720 8,31S 1,740 14. MOVEMENT IN FUNDS Nel MOVèr￿￿t funds At 31.12.24 At1.124 Unroqtrid•d fund8 G#neral fvnd 11.la2 l150 13,332 Re8ld¢ted fundg Ext￿ordIn￿ry r•palr fund 2.000 Endowm•nt fund6 EndovmientfvThJ 656.662 18.509 674,001 TOTAL FUNOB Pajo 11 ¢onllwed... Thofft￿ Corbott'8 Charfty N)tss lo thB Flnanclal Ststemènt8- contlnued fortho Yoor Endod 31Bt Dactrmber 2024 14. MOVEMENT IN FUNDS. C*Xrtlnued Net movement In knd8, indud>d l-. tho atQVo ar8 Asfoll¢JwJ'. Incomlr re#¢urc8S Rosourc88 e)¥or¥Jè Gdns loss6$ Ove￿nt In frJnd8 Unrogtrlcted G8nfjrd funJ ts8.e81 186,5111 2,150 Rvitrlctod fvnd Ttr.8 W. E. DLnr. Tru810rant 4,000 14,•001 EndowFmnt fvnd4 Endwmenlfund (5,6801 24089 14,509 TOTAL FUNDS C¢mp•ratlv•$ for mov•mont kn fund¥ mov8m$nt In fvnds At 1.1.23 81.1223 Unre8tr1thd funds Ge￿ra1 23.384 112,2021 11,182 Restri¢t￿ fumd$ ExtraordLnary rBP8lrknnd EndLMn*ntfund$ Endowrr.ontTund 2,000 2,000 eal,062 3,8 665.5S2 TOTAL FUNDS 8,312 CLIMpar￿1Y￿ nét mov8montln fvp,d8, Includ￿ In tho above am as folknits.. In￿rnIng reg)urveB Resou 8XPtinded Gakn8 k•6seg Movom8nl In funds Unr•strict•il fl￿d# GengDI fimd 50.323 189,4591 6,934 (122Ql Endowmentfund Endowment fijid 13,¢XQI 8,89) TOTAL FUMDS 13 pu EOF FUND RESTrICTED ENDOIMIENT FUND Thoon(knvm8nlfund 8r088 OUtofth• provislonsofthewlll olThom88 ¢orbgttdece&JEd. Thèfvnd bdance pm0￿18 £874.00112023.' £655,55218nd U8ed lo makè grsnt5 tothe varkJu8 kKal chaA1es 85 8el In Ihg Wlll ofThamas Cothtt d8rthsed. Incomo from th8 re*dcled •ntkMienl fijnd ¢an bé for the object8 of th8 chwlty. P￿012 coftlnuad... Thoma$ Corbott's ChBrlty Not•s torth6 Flnan¢lal StatMlgnt8 ￿ conttnved forthe Yèar Ended 31st Doc•mbw 2024 14. MOVEMENTIN FUNDS- ¢¢)ndnu8d RESTRI¢TEO IKCOME FUND Tha règlrlc'.ed extMonYSnary repal.. fung balance amourt8 to £2,00012023,' £2,000) and b p rgqulroment ol the ¢harity S gDV0mlng doGumeni for tha pbrp)$0 of pruildlng fu t.le Bxtratydinary repa,'r. Improv•menl or fftbulldng of Ihg AlmshouyES bgjonglng to th¥ ¢harfty. Tr£nsfer8 Into ￿ fvnd 8ra not required pmvldlng the net b318nEo Is in The W. E. Ounn TNst grant was glv&n to tho charny lo ba u86(¥ tU￿ardS the cost tsl ¥ptt&tlng InsulBloD work on theAlmshOu￿S bel￿gIng lo thè t*2rlty und&rtakÉn In tho year. Yh• tMsta8# &)nsld8r th81 wffldBnl r8wrcos arg held tn each fund, In apprGprlal8 fonn, ttt enabl8 each funo Io be applltyj h AcGunlEn¢a s*tth any fObtslctio&l5. 15. RELAIED PARTh DISCLOSURES Durlrg the year the charlty was Char￿ £90012023 . £9001 for accounlanGy f689 by 8hona Culler LImI￿J, a companycontrofiwj ty Shona Cuuar, e tW8t8e Dfthe ¢hanty.Atth0 yaarond tslX8t awuols of£1,800120Z8 - £gocII due lo Shona CutlerLlmlted. the y63r $Med 31st Owbor 2023 a nÉw bgnk aecounl wa¥ opered wNh CAF :.n lh6 now YhDm81 Corb8tt's Chartty, M[k8b7tlon number 1 Ig0326, Ml tran6acllDnS In th18 CAF *XWLMI rdate to thls tharty. r8g16tration nurnbèr 202032. In th& curiQEIt y&qr logal Bnd profes810n￿ fges totalllr* E2,1?5war8 p8ld on bghBlfof thg Thom#s ¢ort)èIY8 Charlty.Alth8 y6arerrft there wa• a balenc* tsf£6.78512023- £16,168> In thls aCc￿L whiGh l¥¥l)own In note 12. P@go13 Thvmas Cwbott'$ Charlly D¢tall¢d Statornonl of Flnancial A¢tlvlU•8 for tlie Ygar Ettde￿ 3181 D0￿mber 2024 2024 2023 INCOME ANll ENrJOWMENTS Donallon£ and legacleB GrAnts 4.000 Inv•8tm8nt Incomè Lljtsd Inveskn8nt licoma Bank inlgrgFI e24S 447 0,008 6.435 ChHrlteble actlvltJe8 Rvsldgnts Total Incomlng re50urc 50,323 EXPENDITURE Inve¥tmgnt m8nagement Costs Stockbrokees le85 Rent collectlon 400D 3,180 3,000 180 Ch8ri¢ablo adlvM1•8 Ratgs 8nd walgr In6ur8nco Llghl and heal 4,074 1,753 2,481 790 32,284 5,BS11 S,OSO 1,622 2,501 750 36,207 4.916 7.000 Rgp8lr Ggrd¢nlng Carelakets fees Sundrfès 47,778 57,945 Support co#i¥ FIDancg Bgnkcharg68 78 29 Ggvgrn¥nc• eosts ct8rk to lh8 charfty Indopendenl ax8mlnw fèe9 Accounts prgparetion feD5 Glfts Log81 and prof&￿10n81 8,000 5.829 e12 goo 124 1,SOO 3,895 9,174 Totd Ye8ourcg6 Not l•xp•nd*ur81 Thl? pag8 d(￿$ not fomi pert t)rth& ¥Wluy fln?ncl4 d8tsmentB Pego 14