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|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|
|---|---|---|---|
|||funds|funds|
|||2025|2024|
||Notes £||£|
|Income and endowments from:||||
|Charitable activities|2|116,946|101,818|
|Investments|3|29,020|30,325|
|Other income|4|16,016|34,552|
|Total income||161,982|166,695|
|Expenditure on:||||
|Charitable activities|5|185,624|243,718|
|Total expenditure||185,624|243,718|
|Net gains/(losses) on investments|7|(33,813)|(1,067)|
|Net expenditure and movement in funds||(57,455)|(78,090)|
|Reconciliation of funds:||||
|Fund balances at 1 April 2024||4,791,776|4,869,866|
|Fund balances at 31 March 2025||4,734,321|4,791,776|
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|||2025|2025|2024||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixed assets||||||
|Property, plant and equipment
Investment property|9
10||2,754,479
1,683,000|2,783,471
1,683,000||
|Investments|11||283,489||322,385|
||||4,720,968|4,788,856||
|Current assets||||||
|Trade and other receivables|12|13,334||18,995||
|Cash at bank and in hand||66,410||84,997||
|||79,744||103,992||
|Current liabilities||||||
|Borrowings|13|10,149||10,149||
|Taxation and social security||25||129||
|Other payables|14|11,063||35,490||
|Deferred income|16|670||670||
|||21,907||46,438||
|Net current assets|||57,837||57,554|
|Total assets less current liabilities|||4,778,805|4,846,410||
|Non-current liabilities||||||
|Borrowings|13|44,484||54,634||
||||(44,484)||(54,634)|
|Net assets|||4,734,321|4,791,776||
|The funds of the charity||||||
|Unrestricted funds|18||4,734,321|4,791,776||
||||4,734,321|4,791,776||
|Th fiil d b|h|.'.^Mf.l^3^||||
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||Unrestricted Unrestricted|
|---|---|
||funds funds|
||2025 2024|
||£ £|
|Almhouse activities|111,425
99,890|
|Feofees Hall income|4,840
1,408|
|Miscellaneouse income|36
35|
|Donations|645
485|
||116,946
101,818|
|Income from investments||
|---|---|
||Unrestricted Unrestricted|
||funds funds|
||2025 2024|
||£ £|
|Rental income|24,553
25,935|
|Interest receivable|4,467
4,390|
||29,020
30,325|
||Unrestricted Unrestricted|
|---|---|
||funds funds|
||2025 2024|
||£ £|
|Net gain on disposal of investments|16,016
34,552|
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||Management|Cost of|Grants|Interest|Total|
|---|---|---|---|---|---|
||costs|sales|payable|payable||
||2025|2025|2025|2025|2025|
||£|£|£|£|£|
|Direct costs||||||
|Staff costs|10,083||||10,083|
|Advertising|184||||184|
|Feofees Hall expenses|(3,648)||||(3,648)|
|Postage, stationery and telephone|801||||801|
|Professional fees|3,495||||3,495|
|Sundries|2,971||||2,971|
|Call Care||5,394|||5,394|
|Town Halt depreciation|470||||470|
|Freehold Almshouses depreciation|28,522||||28,522|
|Almshouses - normal maintenance||45,349|||45,349|
|Almshouses - exceptional repairs||36,833|||36,833|
|Amshouses - Water and sewarage||8,005|||8,005|
|Almshouses - heating and lighting||32,059|||32,059|
|Almshouses - insurance||4,347|||4,347|
|Almshouses - rates on void properties||312|||312|
|Interest||||1,877|1,877|
||42,878|132,299||1,877|177,054|
|Grants paid|||6,158||6,158|
|Independent Examination fee|2,412||||2,412|
||45,290|132,299|6,158|1,877|185,624|
|Analysis by fund||||||
|Unrestricted funds - general|45,290 132,299||6,158|1,877|185,624|
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|5|Expenditure on charitable activities||||(Continued)|
|---|---|---|---|---|---|
||Previous year:|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 depreciation|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||
|6|Grants payable|||
|---|---|---|---|
|||Grants|Grants|
|||payable|payable|
|||2025|2024|
|||£|£|
||Education grants|1,250|2,376|
||Social welfare grants|4,908|1,965|
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||Unrestricted Unrestricted|Unrestricted Unrestricted|
|---|---|---|
||funds|funds|
||2025|2024|
|Gains/(losses) arising on:|£|£|
|Revaluation of investments|(33,813)|(1,067)|
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|Property, plant and equipment||||
|---|---|---|---|
||Freehold land|Computers|Total|
||and buildings|||
||£|£ £||
|Cost or valuation||||
|At 1 April 2024|2,899,224|975|2,900,199|
|At 31 March 2025|2,899,224|975|2,900,199|
|Depreciation and impairment||||
|At 1 April 2024|115,753|975|116,728|
|Depreciation charged in the year|28,992||28,992|
|At 31 March 2025|144,745|975|145,720|
|Carrying amount||||
|At 31 March 2025|2,754,479||2,754,479|
|At 31 March 2024|2,783,471||2,783,471|
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|11|Fixed asset investments|||
|---|---|---|---|
||||Unlisted|
||||investments|
||||£|
||Cost or valuation|||
||At 1 April 2024||322,385|
||Additions||3,900|
||Valuation changes
Disposals||(33,813)
(8,983)|
||At 31 March 2025||283,489|
||Carrying amount
At 31 March 2025||283,489|
||At 31 March 2024||322,385|
|12|Trade and other receivables|||
|||2025|2024|
||Amounts falling due within one year:|£|£|
||Trade receivables|11,077|16,732|
||Prepayments and accrued income|2,257|2,263|
|||13,334|18,995|
|13|Borrowings|2025|2024|
|||£|£|
||Bank loans|54,633|64,783|
||Payable within one year
Payable after one year|10,149
44,484|10,149
54,634|
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|14|Other creditors falling due within one year||||
|---|---|---|---|---|
||||2025|2024|
||||£|£|
||Trade payables||2,039|24,976|
||Accruals and deferred income||9,024|10,514|
||||11,063|35,490|
|15|Non-current liabilities||||
||||2025|2024|
|||Notes|£|£|
||Bank loans|13|44,484|54,634|
||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 is £8,785.|||
|16|Deferred income||||
|
eferred income|||
|---|---|---|
||2025|2024|
||£|£|
|Other deferred income|670|670|
|Deferred income is included in the financial statements as follows:|||
||2025|2024|
||£|£|
|Deferred income is included within:|||
|Current liabilities|670|670|
|There were no movements in the year.|||
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||At 1 April|Incoming|Resources|Gains and At 31 March|Gains and At 31 March|
|---|---|---|---|---|---|
||2024
£|resources
£|expended£|losses
£|2025
£|
|Extraordinary Repairs Fund|124,808||(36,833)||87,975|
|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|86,513|161,982|(148,791)|(33,813)|65,891|
||4,791,776|161,982|(185,624)|(33,813)|4,734,321|
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|18|Unrestricted funds||||(Continued)|
|---|---|---|---|---|---|
||Previous year:|At 1 April|Incoming|Resources|Gains and At 31 March|
|||2023|resources|expended|losses 2024|
|||£|£|£|£ £|
||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)|86,513
(1,067)|
|||4,869,866|166,695|(243,718)|(1,067) 4,791,776|