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|Trustees|Mr G Norman - Council Representative||
|---|---|---|
||Mrs S Kerridge- Council Representative||
||Mr C Alien||
||Mrs L Clay||
||Mrs E Dos Santos - Council Representative||
||Mr L Fallen||
||Mr J Lee||
||Mr D Murfitt||
||Mrs V Padgett||
||Mr D Porter||
||Mr C Webber - Council Representative||
||D Gardiner|(Appointed 24 January 2024)|
|Clerk|Mrs S Walker||
|Charity number|202116||
|(England and Wales)|||
|Registered office|Feoffees Hall||
||28 City Road||
||Littteport||
||Ely||
||Cambridgeshire||
||CB61NG||
|Independent|Whitings LLP||
|examiner|||
||George Court||
||Bartholomew's Walk||
||Ely||
||Cambridgeshire||
||CB7 4JW||





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||Page|
|---|---|
|Trustees' report|1 -3|
|Statement of trustees' responsibilities|4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Statement of financial position|7|
|Notes to the financial statements|8- 18|





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|||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|---|
|||funds funds||
|||2024 2023||
||Notes||£ £|
|Income and endowments from:||||
|Charitable activities|2|101,818|97,333|
|Investments|3|30,325|36,104|
|Other income|4|34,552|34,914|
|Total income||166,695|168,351|
|Expenditure on:||||
|Charitable activities|5|243,718|159,516|
|Total expenditure||243,718|159,516|
|Net gains/(losses) on investments|7|(1,067)|(40,384)|
|Net expenditure and movement in funds||(78,090)|(31,549)|
|Reconciliation of funds:||||
|Fund balances at 1 April 2023||4,869,866 4,901,415||
|Fund balances at 31 March 2024||4,791,776|4,869,866|





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|||2024|2023|2023|
|---|---|---|---|---|
||Notes|£ £|£|£|
|Fixed assets|||||
|Property, plant and equipment|9|2,783,471||2,812,463|
|Investment property|10|1,683,000||1,683,000|
|Investments|11|322,385||338,900|
|||4,788,856||4,834,363|
|Current assets|||||
|Trade and other receivables|12|18,995|10,107||
|Cash at bank and in hand||84,997|107,880||
|||103,992|117,987||
|Current liabilities|||||
|Borrowings|13|10,149|10,149||
|Taxation and social security||129|||
|Other payables|14|35,490|6,900||
|Deferred income|16|670|670||
|||46,438|17,719||
|Net current assets||57,554||100,268|
|Total assets less current liabilities||4,846,410||4,934,631|
|Non-current liabilities|||||
|Borrowings|13|54,634|64,765||
|||(54,634)||(64,765)|
|Net assets||4,791,776||4,869,866|
|The funds of the charity|||||
|Unrestricted funds|18|4,791,776||4,869,866|
|||4,791,776||4,869,866|





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||Unrestricted Unrestricted|
|---|---|
||funds funds|
||2024 2023|
||£ £|
|Almhouse activities|99,890<br>94,332|
|Feofees Hall income|1,408<br>3,001|
|Miscellaneouse income|35|
|Donations|485|
||101,818<br>97,333|



||Unrestricted Unrestricted|
|---|---|
||funds funds|
||2024 2023|
||£ £|
|Rental income|25,935<br>32,910|
|Interest receivable|4,390<br>3,194|
||30,325<br>36,104|



||Unrestricted Unrestricted|
|---|---|
||funds funds|
||2024 2023|
||£ £|
|Net gain on disposal of investments|34,552<br>34,914|





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|Expenditure on charitable activities||||||
|---|---|---|---|---|---|
||Management|Cost of|Grants|Interest|Total|
||costs|sales|payable|payable||
||2024|2024|2024|2024|2024|
||£|£|£|£|£|
|Direct costs||||||
|Staff costs|8,420||||8,420|
|Advertising|238||||238|
|Feofees Hall expenses|25,420||||25,420|
|Postage, stationery and telephone|1,607||||1,607|
|Professional fees|1,125||||1,125|
|Sundries|2,097||||2,097|
|Call Care||7,283|||7,283|
|Town Hall depreciation|470||||470|
|Freehold Almshouses depredation|28,522||||28,522|
|Almshouses - normal maintenance||20,278|||20,278|
|Atmshouses - exceptional repairs||82,892|||82,892|
|Amshouses - Water and sewarage||9,047|||9,047|
|Almshouses - heating and lighting||42,093|||42,093|
|Almshouses- insurance||4,156|||4,156|
|Almshouses - rates on void properties||1,501|||1,501|
|Interest||||1,895|1,895|
||67,899|167,250||1,895|237,044|
|Grants paid|||4,341||4,341|
|Independent Examination fee|2,333||||2,333|
||70,232|167,250|4,341|1,895|243,718|
|Analysis by fund||||||
|Unrestricted funds - general|70,232|167,250|4,341|1,895|243,718|





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|5|Expenditure on charitable activities|||||(Continued)|
|---|---|---|---|---|---|---|
||Previous year:|Management|Cost of|Grants|Interest Total||
|||costs|sales|payable|payable||
|||2023|2023|2023|2023 2023||
|||£|£|£|£ £||
||Direct costs||||||
||Staff costs|9,248||||9,248|
||Advertising|363||||363|
||Feofees Hall expenses|8,320||||8,320|
||Postage, stationery and telephone|1,628||||1,628|
||Professional fees|5,823||||5,823|
||Sundries|1,033||||1,033|
||Call Care||6,473|||6,473|
||Town Hall depreciation|470||||470|
||Freehold Almshouses depreciation|28,522||||28,522|
||Office equipment depredation|195||||195|
||Almshouses - normal maintenance||14,013|||14,013|
||Almshouses - exceptional repairs||18,068|||18,068|
||Amshouses - Water and sewarage||7,356|||7,356|
||Almshouses - heating and lighting||40,962|||40,962|
||Almshouses-insurance||3,665|||3,665|
||Almshouses - rates on void properties||2,999|||2,999|
||Interest||||1,913 1,913||
|||55,602|93,536||1,913 151,051||
||Grants paid|||6,715||6,715|
||Independent examination fee|1,750||||1,750|
|||57,352|93,536|6,715|1,913|159,516|
||Analysis by fund||||||
||Unrestricted funds - general|57,352|93,536|6,715|1,913 159,516||
|6|Grants payable||||||
||||||Grants|Grants|
||||||payable|payable|
||||||2024|2023|
||||||£|£|
||Education grants||||2,376|3,785|
||Social welfare grants||||1,965|2,930|





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||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|
||funds|funds|
||2024|2023|
|Gains/(tosses) arising on:|£|£|
|Revaluation of investments|(1,067)|(40,384)|



## 

|Property, plant and equipment||||
|---|---|---|---|
||Freehold land|Computers|Total|
||and buildings|||
||£|£|£|
|Cost or valuation||||
|At 1 April 2023|2,899,224|975|2,900,199|
|At 31 March 2024|2,899,224|975|2,900,199|
|Depredation and impairment||||
|At 1 April 2023|86,761|975|87,736|
|Depreciation charged in the year|28,992||28,992|
|At 31 March 2024|115,753|975|116,728|
|Carrying amount||||
|At 31 March 2024|2,783,471||2,783,471|
|At 31 March 2023|2,812,463||2,812,463|



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|rade and other receivables|||
|---|---|---|
||2024|2023|
|Amounts falling due within one year:|£|£|
|Trade receivables|16,732|7,457|
|Prepayments and accrued income|2,263|2,650|
||18,995|10,107|
|orrowings|||
||2024|2023|
||£|£|
|Bank loans|64,783|74,914|
|Payable within one year|10,149|10,149|
|Payable after one year|54,634|64,765|





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|14|Other creditors falling due within one year||||
|---|---|---|---|---|
||||2024|2023|
||||£|£|
||Trade payables||24,976|896|
||Accruals and deferred income||10,514|6,004|
||||35,490|6,900|
|15|Non-current liabilities||||
||||2024|2023|
|||Notes|£|£|
||Bank loans|13|54,634|64,765|
||Bank loan interest is payable at 14.125%. The loan is repayable by instalments until||2047 and is||
||secured against 4 of the properties. The amount repayable after 5 years 1s £8,785.||||
|16|Deferred income||||



|eferred income|||
|---|---|---|
||2024|2023|
||£|£|
|Other deferred income|670|670|
|Deferred income is included in the financial statements as follows:|||
||2024|2023|
||£|£|
|Deferred income is included within:|||
|Current liabilities|670|670|
|There were no movements in the year.|||





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||At 1 April<br>2023<br>£|Incoming<br>resources<br>£|Resources<br>expended£|Gains and At 31 March<br>losses<br>£<br>2024<br>£|Gains and At 31 March<br>losses<br>£<br>2024<br>£|
|---|---|---|---|---|---|
|Extraordinary Repairs Fund|207,700||(82,892)||124,808|
|Freehold Property Capital Fund|56,000||||56,000|
|Land Capital Fund|1,683,000||||1,683,000|
|Freehold Property Capital Fund|2,841,455||||2,841,455|
|General funds|81,711|166,695|(160,826)|(1,067)|86,513|
||4,869,866|166,695|(243,718)|(1,067) 4,791,776||





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|nrestricted funds||||(Continued)|
|---|---|---|---|---|
|Previous year:|At 1 April|Incoming|Resources|Gains and At 31 March|
||2022|resources|expended|losses 2023|
||£|£|£|£ £|
|Extraordinary Repairs Fund|224,000||(16,300)|207,700|
|Freehold Property Capital Fund|56,000|||56,000|
|Land Capital Fund|1,683,000|||1,683,000|
|Freehold Property Capital Fund|2,841,455|||2,841,455|
|General funds|96,960|168,351|(143,216)|(40,384) 81,711|
||4,901,415|168,351|(159,516)|(40,384) 4,869,866|