CHARITY REGISTRATION NUMBER: 202155 THE wr JINKIN TRUST HOME Unaudited Financial Statements Year ended 31 March 2025 WESTCOThS Chartered Accountants Plym House 3 Longbridge Road Marsh Mills Plymouth PL6 8LT
THE wr JINKIN TRUST HOME Flnanclal Staiemenls Year ended 31 March 2025 Pago Trust8es' annual report 14 Independ8nl examlngrf8 report lo Ihe Irustees Slatemenl of Ilnanclal aclivllles {Includlng Income arKI experKJiture account) Slatemenl of flnanclal posftk+n Noles to the IlnancSal statements &15 Tho lollowlng pages do not form part of the Ilnancthl stst8ments Detalled statement ol Ilnancial actfvllles 1&17
THE WT JINKIN TRUST HOME Trustees. Annual Report Year ended 31 March 2025 Th8 trustees PTes&nl thelr report and the unaudited financial stalements of the charity for the year ended 31 March 2025. Reference and admlnlstrallve deloi18 RegSstsred charlty nam? Th8 wr Jinkin Trust Home Charlty reglstratlon numb8r 202155 Prlnclpal olfice and roolstered Tuffins offlc• 2r Floor 6&8 Drake Clrcus Plymouth Devon PL4 8AQ Tho Trustaos Mr RC 01fv8r Mr EC Keasl FRICS Iretlred) Mr M Copleston MI AE WaflarKI Mr JE Burrows Mrs JC Anthony Ms PA Tanner.Wood lappjlnted 24110120251 Mr GR Bllghl lappolnt8d 2411012025) Indepondont oxomlner Adam Croney ACA W8slcotts ISWI LLP Chartered Accountants Plym Housè 3 Longbrldge Road Marsh Mllls Plymouth PL6 8LT
THE WT JINKIN TRUST HOME Trustees. Annual Report Year ended 31 March 2025 StruUre, govornanco ?d management Governlng document The organisalion Is an unlncorporated charity and is govemed by a Deed of Trust. The Trust arose Irom th8 Wlll ol WS11iam Thomas Jlnkln. dated 5th March 1935, and the key p)int8 are as follows: Persons elioible to b8 residents of ihe Home shall be either SpSnslers or Wldows or WIv9s livlng apart from aThd not maintned by their husbands and who shall.. {il Be above the age 0145 {iil Been bom In the County ol Devon or Cornwall 01 shall havg reslded In ellher of the sald Countles for a period ol not less than 10 years. {iiil Have lormerly been Schoolmislresses / Hosplial Nurses or Clerks l BusSn8ss Managers I Housekeepers or Widows or daughters of professional or business men and who In any ol the abov8 eases are by reason ol lack of means and inability lo earn their own Ilvlng in consequence ol age. inlirmily or any other good reason Sn such r8duced ¢1UM51anCes lo render them fhtlng reclpients of beneifts under the Chartty. Trustees shall Invest tha rosldue ol thè capital ol the Enth)wment Fund In Ihelr namos Sn any Investments authorised by law and shall apply th8 annual income or capltal for ropalrs, maint8nance and Improvements to buildings. Trustees are enli118d lo be paid E25 each per annum for seNlces rendered In managing allairs of the Hom8. Govornance and management Rèeruiimgni and •ppolntm•nt of now trusto The Twslees conskler that the current close band ol Trustees works best for this organisation, whllst al the same Ilme provlding the Trust wllh the required level ol expertise on property related matters. As such, new Trustees are normally only acllvely sought when one ol the existing Truslees gNe5 notlce ol their intention to retlre, in which case Ihe remainlng Trustees alm lo find someone who has the necessary expertlse, such a5 a WO colleague or long term acqualntance ol the Tetlree. OrgonS¥allon•l slru¢lure The Trust has the followlng Trustees who s8rved durlro the year and who are reswnslble for th8 day to day management and control of tha Trust. R C Oliver - Grandson ol the orlglnal Trusle8, Charles Ernest Curtis E C Keasl - Retlred Chartered Surveyor M Copleston - Development Consullanl A E Warland - Chartered Surveyor J E Burrows- Solirilor Mrs J C Anthony lappoinled 30 January 20251 The Trustees nomally meet twice a year and the meetiThJs are minuled. Mr G Fl Blight and Ms P A Tanngr-wood were both appointed as athditional trustees on 24 October 2025.
THE wr JINKIN TRUST HOME Trustees. Annual Report Year ended 31 March 2025 ObjKtlves and actlvities Objectives and alrns l. To provlde secure accommodallon for rthlred elderty ladles in th8 Plymouth and Easl Comwall area. 2. To invest surplus funds in the name ol W T Jlnkin Trust Home to provide an Sncome lo malntaln the 21 flats in the ownershlp ol the Trust. 3. To maintsin lo an acceptable standard the exlslSng 21 flats bultt Sn 1938. 4. To admlnister ihe flats and Investments In the Interest ol the Trust. The pollcy of the Trust is lo work wlthin the framework set out In Mr W T Jinkln's Wlll dated 5th March 1935, and the rules of the Charlty Commission. The Trustees have constdered the publlo b8nefil lesl laid down by Ihe Charily Commls5ion and are sure that Ihls Charity meets those requlrements by providlng accommodation lo those persons slipulaled In Ihe Wlll ol Mr W T Jinkln. Rl•k management The Trustees have assèssed the major rlsks lo which the Charity is exposed, In particular those related lo ils operations arKI finances, and aro sallslled that systems are in place to rnrf(igale exposure lo the major rlsks. Publlc Benelll The Trustees conllrm that thèy hav8 complSed wllh Ihe requlremenls of section 17 of the Chari1Ses Act 201110 have due regard tothe publlc b8nefR guldance publSshed by the Charity Commlsslon lor England and Wales. Achlevomonts ond perlonnanca Flnan¢lal Revlow The contlnuing cost ol maintaining the Ilals made It necessary to charge the residents a malntenance charge wfth &ffecl from the year ended 31 $1 March 2014, For the year ended 3151 March 2025, total malnlenance charges 01 £91,15412024'. £91,940) were received, along wlih Investment incorne of £41,590 12024: £39,964) which together help to lund the continued ropalrs and redecoration ol the Trust Home. Total cosls of running the Home this year amounted to £58,39312024: £53,921). There were unreallsed lossos on investments during the year of £34,18912024.' unrealised galns of £37,712), together with reallsod gains of £5,68512024'. realised Ioss85 of £2821. Overall, including th8 realised and unrealisod gains, the Trust ha5 reported a positive not movement In funds lor the yoar 01 £34,015 compared to £104,248 last year. Fulure Developments The charity is Iwking to widen tts objectives and a revised constitution has been submittedto Ihe Charity Commission for their approval.
THE WT JINKIN TRUST HOME Trustees. Annual Report Year ended 31 March 2025 Reserves policy The amount of total reserves has increased this year to £2.947.553, up from £2,913,538. Whllsl Ihls st511 appears high, the Trustees consider that the level of unrestricted reseNes is the most cruclal guh* to the wellbeing of the charity, and they increased this year from £241,452 10 £303,971, The Trustees believe that the current level ol unreslricled reseNes are appropriate, given the need to continually maintain the properties, in order lo safeguard the Charty's financial position for the foreseeable future whereas the purpose of ihe Endowment Fund investments are to provide a tller should the running costs exceed budgets and lo provide long term security lor the charity. The level of repairs required lends to be cyclical by nature and whilst exp8ndilure in the last two years has boan relativèly low, more synificanl expendlture Is budgated for 2025126. Slatement of Trustees Respon8lbllltlo8 The Trustees are responsible for proparing the Trusle8s' report and the financial slatem&nts in accordance with the Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) aNJ applicable law and regulalw)ns. The law applicable lo charities Tequires Ihe Trustees lo prepare financial slalements lor oach linanclal year which give a true and faSr view ol the slate ol affairs ol the charily and of the Incoming Tosoufcgs and application ol resources of the charity lor that period.ln preparing these financial slalemenls, the Trustees are required lo.. Select suitable accountino policies and th8n apply them conslslently: Observe the methods and princlples In the Charllies SORP,. Make ludgemenls and eslimatos thal are reasonable and prudent. State whether applicable accounting policies have been followed, subject lo any material departures dSsclosed and explained In the linartial slalemenls. and Prepare the Ilnaneial statements on the going concern basls unless il Is Inappropriate 10 presume that the charity will continue in operallon. The Trusleos aro responslble for keeping propor accounllng records that disclose wtth reasonable auracY at any tlme the linancial posrtion ol the charlty and enable them to ensure that the financlal slalements comply with the Charities Act 2011, the Charlties (Accounts arKI Reports) Regulations 2008, and the provisions ol the ¢onslilulion. The Trustees are also responsible lor safeguarding Ihg assets ol the charhy and hence lor laklng reasonable steps lor the preVentn and detection ol fraud and other Irregularftles. The Trustees are responsible for the malnlenance and inlegrty ol the financial and non-finanGI Information included on the charlly's webslte. Legislation governing the preparation and dissemlnalion of flnancial statements may differ from legislation in oth8r jurisdictions. Approved by order of the Board of Trustees on 22TrY January 2026 and slgned on Its behalf by: R C Oliver - Trustee
THE wr JINKIN TRUST HOME Independent Examiner's Report to the Trustees of The wr Jlnkln Trust Home Year ended 31 March 2025 I r6POrt lo the Trustees on my examination ol the financial statements of The WT Jinkin Trust Hom8 {'Ihe charit) lor the yoar ended 31 March 2025. Respon81bllltlos and basls ol report A5 the Trustees of the charlty you are responsible for the preparatlon of the financial stalements in accordance with the requlremenls of the Chariilgs Act 2011 {'the Act.). I report in respect of my examination of the charty's financial slalemenls carrled oul under section 145 ol the 2011 Act and in carrying out my examlnation I have followed all the applicable Directlons glven by the Charky Commission under section 14515}Ibl of the Act. Indopondonl examlner's 8talemont I have completed my examinatn. I confirm that no materlal matters have come lo my attentlon In connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kept In reset of the charffty as requlred by section 130 of the Act., or the fSnanclal statements do not a(d wrth those records; or the Ilnancial statements Ilo not compty with the appllcable requlremenls concerning the lorm and conlenl of accounts set out In the Charltles (Accwnls and Reports) Regulations 2008 other than any requirement that the accounts glve a 'true and falrf vlew whlch Is not a matter considered as part of an Independent examlnallon. I have no concerns and have come across nts other matters In conneclSon with the examlnatlon lo whlch attentlon should be drawn In Ihls report In order lo enable a propgr understanding of Ihe accounts to b8 reached. Matthew K8ane FCCA Independent Examiner Weslcolls ISWI LLP Chartered Accountants Plym House 3 Longbridge Road Marsh Mills Plymouth PL6 8LT 221 January 2026.
THE WT JINKIN TRUST HOME Statement of Financial Activities (Includlng Income and expendiiure account) Year ended 31 March 2025 2025 Unrestricted Endowmenl fund$ fund Total lund8 Total fulS 2024 Income and endowments Charitable activities Investmenl income 91.154 41,590 132,744 91,154 41,590 132.744 91,940 39,964 131.904 Total Incomo Expenditure Expend¢ture on ¢harRable actlvhles oiher expenditure Total 8xpendlture 58,393 11,832 70,225 58,393 11,832 53,921 11,165 65,086 70,225 Nol Income 62,519 62,519 66,818 Gainslllossesl on Investments 128,5041 128,5041 37,430 Net movem8nt In funds 62.519 128,5041 34.015 104,248 Reconclllatlon ol funds Total lunds brought loNard Total fund8 urrled forwgrd 241,452 2,672.086 2,913,538 2,809,290 2,913,538 303,971 2,643,582 2,947,553 All of the charity's activities derive from contlnulng operations. The 51atemenl ol financiai aclivlties Includes all galns and losses recognisad In the year. Th• on pges 8 to 15 form part of these financial statements.
THE WT JINKIN TRUST HOME Statement of Flnanclal Posltion 31 March 2025 2025 2024 Not8 Flxèd assets Tangible fixed assets Investments 12 1,350,000 13 1,302,479 1.350.000 1.305.038 2,652,479 2,655,038 Currnnl as*ètg Debtors Cash al bank and in hand 14 1,418 305.870 307,288 1,395 266,660 268,055 Creditors.. amounts falllng due wlthln ono year Not curront a88Ot8 15 12,214 295,074 9,555 258,500 Tolal a880t81088 curronl Ilabllllles 2,947.553 2,947,553 2,913,538 2.913,538 Nèt assets Fund8 of the charlty Endowment fund Unrestrlel8d funds 2,643,582 303,971 2.672,086 241,452 Total charlty fund8 16 2,947,553 2,913,538 These flnanclal statements were approved by the tKsard ol Irnslees and authorlsed for Issue on 22- January 2026, and are slgned on behall ol the board by: Mr RC Ollver Truslee Th9 nol9$ on pag9$ 8 10 15 form part ol the59 financial statgments.
THE wr JINKIN TRUST HOME Notes to the Financial Statements Year ended 31 March 2025 Goneral infomwtion Th8 charty is a public benefit enlily and a reglslered charlty in England and Wales and Is unincorporated. The athjress of the principal ollice is do Tufflns, Floor, 6&8 Drake Circus. Plymouth, Devon PL4 8AQ. Statemgnl ol comp118n¢e The financial statements have been prepared In accordance wkh ihe second edillon of the Charities Stalemenl ol Recommended Practice issued in October 2019, the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102 Section 1A) and the Charities Act 2011. Accountlng pollcles B8818 of proparatlon The linancSal statements have been prepared on the historical cost basls, wllh the exception ol Ir8ehold property and Snvestmenls which are measured at lair value, with any fluctuations recognlsed through Income or expenditure. The flnancial statements are prepared in sterling, whlch Is ihe funcilonal currency ol the enllly. Golng concern There are no malerial uncertalnti88 about the ¢harlly's ablllty lo contlnug. Publlc benellt The CharSiy Is a publlc benelll enllly In ac¢ordan¢e wllh the Charllies SORP by providing servlcos whlch ben81h Ihe Communlly and with all funds provided used lo support the enlltles prlmary oblecllves. Cash at bank In hand Cash al bank comprises the charity's bank current account along wlth the cllent account balances held by Ihe professionals deallng wlth the admlni5tratlon of the charhy. Bank balance5 that relate lo the Inveslmenl portfollo are Included In the value ol the Investments. Doblors and credltors recelvableipayable wlth one y•ar All debtors and creditors are rec8Nable or payable within oné year and are recordèd ai Iransacilon price Icostl. Any losses arisiThJ from impairment are recognised in expenditure. Judg8menl8 and key 8ourco8 of estlrnatlon UnrtaInlY The preparation of the linancial statements requires management to make judgements, eslimales and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are bas8d on experience and other factors, including expectations ol future events Ihal are believed lo be reasonable urKJer the circumslarKes.
THE WT JINKIN TRUST HOME Notes to the Flnancial Stalements (conllnuoLI) Year ended 31 March 2025 Ac¢ountlng poli¢les (ContInd) Fund accounting Unrestricted funds are avail*e for use at thè discretion ol the trustees to further any ol the charity's purposes. Deslgnaled funds are unrestricted funds earmarked by the trustees for particular future project or commhmenl. Restrlcted funds are suty'ecled to reslrlctions on thelr expeTrJiture declared by the donor or ihrough the terms ol an appeal and fall into one of Iwo sub-classes.. rgslricled income funds or endowment funds. The surplus arising on the sal8 ol the former allotment sile and th8 surplus arising on the sale ol the Investment property known a5 Col&ridge House were both credited lo the Endowment Fund in previous years because th8 assets sold were initlally bequeathed lo Ihat fund. That has resulted in the Endowment Fund having subslanlial reserves as al the year end, compared with the unrestricled lund. However. in the event that the Trust Home shall need ext8nsiv8 renovation or incur any other slgnllicanl costs as part ol Its upkeep at any time in the lulure, Ihen such funds as required can be made available from the Endowment Fund lo meet those costs. Thè Erthwmenl Fund Is nol a permanent Endowment Fund in Ihal respe¢t. Incomlng resources All Incomlng resource8 are includ8d in the statement of IlnancSal activili&s when enlillement has passed lo the charlty. h Is probable that the oconomk Èenoftts associated with Ihe transaction will flow lo the charlly and the amount can be reliably measured. The following specific wlicies are applled lo partlcular calegorles of Income: income from donations or grants is recognised when there is evidence ol enllllemenl to ihe gift, r8cèipi is probabla and Ils amount Can be measured reliably. legacy income is recognlsed when recelpt Is probable and enlillement is established. Income from malntenance payments recèlved from the resldenls ol the Home are also recoonlsed when receipt 1$ probable and 8ntlllemenl Is eslabllshed. Rèsources expondod Expènditure Is recognlsed on an aTUal$ basis as a liabilty is incurred. Expendlture Includes any VAT which cannol be lully recovered, and Is classified under headings ol tho statement ol flnancial actfvities lo which rt rèlates: expenditure on raising funds includes the costs ol all fvndraising activities, events and non- chartiable trading activities. exp8nditurg on charitable activities includes all costs incurred by a charity In undertaking activities that further ils charitable aims lor the benefit of ils beneficlaries, including those support costs and costs relaling to Ihe govemance of thg charity apportioned lo charitable activities. other expenditure includes all expendfture that is neither related to raising lunds lor tho chartty nor part of its expenditure on charitable activities. All costs are allocated lo exFendilure categories rellecting the use of the resource. Direct costs altribulable lo a single activity are allocated directly to that activity. Shared costs are apportDned Ixlween the activities they contribute lo on a reasonable, justiliable and consislenl basis
THE WT JINKIN TRUST HOME Notes to the Financial Statements fwiunuedj Year ended 31 March 2025 Accounting policies (conNnu•dJ Tanglble assets Tangible assels are initially recorded at cost, and subsequently slated al cost less any accumulated depreciation and impalrmenl losses. Any tangible assets carried at revalued amounts are recorderj al the fair value al the date ol revaluation less any Subsequent accumulated depreclallon and subsequent a¢cumulaled impairment losses. An increase in the carrying amount ol an asset as a result ol a revaluation, is recognised in other recognised gains and losses, unless h revers85 a charge for impairment that has previously been recognised as expenditure wlthin the stalgm8nl of financial aclivilies. A decrease in the carrying amount ol an asset as a result of raVation, is recognised in olher recognised galns and losses, except lo whlch it oflsels any previous revaluation gain, In which case the loss is shown wrf(hin other recognlsod gains and Ioss8s on the slatemanl of Ilnanclal actlvfftles. Depreclatlon No doprecialion is provid8d on Ireehokl property, whlch Ss now slated al lair value as determined by the Trusl6es, ol whom are Chartered Surveyors. The freehold property was pr8viousIy slated at cost. The Trustees have undertaken lo review the lair value of the Ireghold prop8rty on a regular basis a1 lo carry out annual Impalrmenl reviews so a provision for depreciailon on an annual basis Is not Considered necessary. Flnanclal Inslrumonts A flnanclal asset or a financlal Ilablllty Is recognlsed only when the entlty becomes a party to the contractual provisions of the Inslnjment. Basic flnanclal instruments are Inllbally recognlsed al the amounl recelvable or payable Including any relalgd transaction costs, unless the arrangemonl conslilules a financing Ifansaction, where il is recognised al the present value ol the fuluio paymenls discounl6d al a market ral8 of interest lor a similar debt Inslrumenl. Current assets and current liabllllles are subsequently measured al the cash or other conshjeralion exp8Cted to be pakj or receed and nol dlscounl8d. Debi Inslrumgnls are subsequently measured at amortlsed cost. 10
THE WT JINKIN TRUST HOME Notes lo the Financial Statements {CMfthuodJ Year ended 31 March 2025 Charitable activiti Unreslrlcled Tolal Fund8 Unrestred Total Funds Funds 2025 Funds 2024 Income from charftable aclivSties 91.154 91,154 91,940 91,940 Investmènt InMme Unreslrided Total Fund¥ Unrestricted Total Funds Funds 2025 Funds 2024 Rents recelved Interest and dividends from Investment portfolio DgFKJsiI account interest 480 480 37,547 3,563 41,590 37.547 3,563 36,845 2.639 36,845 2.639 39,964 41,590 39.964 Expondllurn on charltoble •dlvltle8 by fund typ8 Unrestrlcled Endowment Totsl Funds Funds Fund 2025 Dlrect charllable actlvllles Support ¢osl8 43,562 14,831 58,393 43,562 14,831 58,393 Unreslrlcted Endowment Total Funds Funds Fund 2024 Direct charhable actfvitles Support costs 38,722 15,199 38,722 15,199 53,921 53,921 Support costs consSsl entlrely of governancg costs for both 2025 and 2024 and comprlse.. 2025 2024 Trustees expenses Trustees indemnity insurance Almshouse Association membershlp Accountancy Protessional lees 100 381 599 3,660 10,091 381 582 3,420 10,816 15,199 Total 14,831 11
THE WT JINKIN TRUST HOME Notes to the Financial Statements (conUnu•dJ Year ended 31 March 2025 Other expendltu Unrestricted Endowment Total lunds Tolal fu1$ Funds Fund 2025 2024 Pijrtlolio management fees Other property repairs & expenses Other expenses 11,727 105 11,727 105 11.067 98 11,832 11,832 11,165 Not Incom Net Income is stated after charging.. 2025 2024 Depreciation of tangible h'xed assets Indepondont •xamlnatlon feos 2025 2024 Fees payable to the INJependenl examlner lor.. IndepeThJent examlnailon of the IlnancSal slalements 1,700 1,650 10. Staff co8t8 The charlty does not have any employees and so stsff costs for the year are £nll12024,' £nll). 11. Trusteas r•munoratlon and •xpen No remuneralbon or oth8r beneflls from employment wrth the charfty or a related enllty were recefved by the trustees. Trustee expenses of £100 were Incurred In the year12024'. £nS11. 12
THE wr JINKIN TRUST HOME Notes io the Flnanclal siatements (conllntmdj Year ended 31 March 2025 11 Tangible fixed assets Fixtures, Freehold Frttlngs and property Equlpment Total Al valuatlon Al 1 April 2024 AiSJitions Dlsposals At 31 March 2025 1,350,¢xJO 1.350.000 1,350,000 1.350,000 Dopmclatlon At 1 April 2024 Charge for the year Al 31 Morch 2025 Carrylng amount Al 31 March 2025 1,350,000 1,350,000 1,350,000 1,350,000 At 31 March 2024 The valuailon ol Ihg freehold property, belng the Trust Hom8 (Flats), was provided by Mr EC Keasl, FRICS (rIred1, who Is one of the Trustees. If the freehold property had not been fevalued, il would be Included al cos101 £34,088. 13. FIX Asset Invéstmént$ Al marknl v41u• Totsl Al 1 April 2024 Athjlllons Disposal proceeds Roalised galns lor tho year Unreali5ed (losses) lor the year Portfolio Bank account movements Accrued Income a(Jjuslmenl 1.305,038 196,959 1185,6901 5,685 134,1891 14,712 1361 At 31 March 2025 1,302,479 The invesbnents are hekl on a prolessionally managed portfollo In the UK. 13
THE WT JINKIN TRUST HOME Notes to the Flnanclal Slatements (Conth) Year ended 31 March 2025 14. Deblors 2025 2024 Prepaymonls 1,418 1,395 1,418 1.395 15. Cr8dltor8: amounts falllng due wllhln one year 2025 2024 Other credllors Accruals 8,260 3,954 12,214 5,718 3.837 9,555 16. Analys1• of eharltablè funds Unrn8trlCl fund• At Transfers 31 March 25 At 1 Aprll 24 Income Exp8ndllure General funds 241,452 132,744 {70,2251 303,971 At Transfers 31 March 24 At 1 Aprtl 23 Income Expendllure G8neral funds 174,634 131, {65,0861 241,452 The general unrestrlcted fund represents the Iree funds of the charlty whlch are not designated for partlcular purposes. Rostrlcted funds At Income Expenditure Gainsl{losses) 31 March 25 At 1 April 24 Endowment Fund 2,672,086 128,5041 2,643,582 Al Income Exp8ndiluT8 Gains/{lossesl 31 March 24 At 1 April 23 Endowment Fund 2,634,656 37,430 2,672,086 14
THE WT JINKIN TRUST HOME Notes io the Flnanclal Statements (conttnuod) Year ended 31 March 2025 17. Analysi$ of nol assets b8twe8n funds Unrestricted Endowment Total Funds Funds Fund 2025 TatYJible lixed assets Investments Current assets Credllors less than 1 year Nel o$set$ 1.350,000 1.293,582 1,350,000 1,302,479 307,288 112,2141 2,947,553 8,897 307,288 {12,214) 303,971 2,643,582 Unrestricted Funds Restricted Total Funds Funds 2024 Tanglble fixed assets Investments Current assets Credtlors less than 1 year Net assets 1,350,000 1,305,038 17,048 1,350,000 1,305,038 268,055 (9,5551 2,913,538 251,007 {9,5551 241,452 2,672,086 18. Rolated part108 The management ol the Trust Home Is carrled out by Tullin & Co Propgty Manag8m&nl Llmlled ITufllnsl in whlch company Andrew Warland Is tho sole director. Tufflns charge a managamenl fee for admSnlslerSng both propertles, whlch In 2025 lotall8d £8,745. It should be noted that Mr Warland was Invlted to acl as a Trustee after TLslllns look over the management ol the prop9rties, In ordor to bo able lo keep the other Trustees updated on mallers relatlng to the propertles. 15
THE wr JINKIN TRUST HOME Management Informatlon Year ended 31 March 2025 The followlng p•gg• do not forni port of Iho flnJn¢lal 8tstomonl& 16
THE wr JINKIN TRUST HOME Detailed Statement of Flnanclal Activities Year ended 31 March 2025 2025 2024 Income and endowmenls Charllable aclivilies Maintenance payments received 91,154 91.940 Investment Income Rents reoeived re basement Interest & dividends Irom Inveslm&nl portfolk* D8POSIt account interest 480 37,547 3,563 41,590 36,845 2,639 39.964 Total Income 132,744 131,9)4 Expendlturn on charltsble 8Ctlvltles Costs ol runnlng the Trust Home- Rates and water Insurance Llghl and heat Gardening Repairs aTrd redecoratlon ol Trust Home 4,595 4,977 1,396 8,807 17,387 3,660 4,917 2,064 15,441 Other charSlablg acllvrtlgs.. Electrlclly support payments lo resldenls 8.400 3.800 Total 43,562 38,722 Govornanco ¢0818 Trustees expenses Trustees Indemnlty insurance Almshouse Assoclallon membershlp AccoLJnlancy Professlonal tees 100 381 599 3,660 10,091 381 582 3,420 10,816 Total 14.831 15,199 Other 8xpendlturo Investment portfolio management fees Other property repairs & expenses Other expenses Total 11,727 105 11,067 11,832 11,165 17