CHARITY REGISTEREO NUMBER . 202310 MRS G A H GRUNDY TRUST ACCOUNTS FOR THE YEAR ENDEO S APRIL 2024 Balance Sheet Investment Portfolio Schedule Income Account 5ndependenl Examiners Report Trustees, Annual Report MRS G A H GRUNDY TRUST BALANCE SHEET AS AT 5 APRIL 2024 2024 2023 Fixed Assets Freehold property Inveslmenl portfolio per schedule page 2 3,812,160 2,919.369 3.230,914 2,718,074 6.731.529 5,948,988 Current assets HSBC Bank plc Lamb and Holmes deposit account Prepayments 23.891 14.461 721 83,273 8,112 489 39,073 91,874 Less Creditors Accoijnlancy Light and heat 1,588 885 1,548 188 2,473 1.736 Net Current Assets 36.600 90,138 Total Assets 6.768.129 6,039.126 Re resented B Ca ital A¢¢ounl Balance as at 06 April 2023 Increaselldecreasel in portfol￿ valualion Increaselldecreasel in property valuation 5.878.544 218.843 581.246 5,410,066 65,066 403,412 6.678,633 5.878,544 Income Accounl Balance as al 06 April 2023 Surpluslldeficill lor the year 160.582 71.0861 184,432 123,850 89.4 160.582 6,768.129 6,039.126 Approved by the trustees on 19 November 2024 and s￿ned on their behalf by.. JELamb Trustge MRS G A H GRUNDY TRUST INVESTMENT PORTFOLIO SCHEDULE 2024 2023 Balance as al 6 April 2023 Investments Cash 2,608,187 109.887 2,526,860 145.174 2,718,074 2,672,034 ProliVIIoss1 on valuation and disposals Dividends and interest from investments 218,843 61.978 65,066 51.985 Less.. Fees paid Transfers lo current account 119,7101 59.816 118,3711 52,640) 201,295 46.040 Balance as at 5 April 2024 2,919.369 2,718,074 Represented by'.- Investments Cash 2.888.074 31,295 2,608,187 109,887 2.919.369 2.718,074 MRS G A H GRUNDY TRUST INCOME ACCOUNT FOR THE YEAR ENDED S APRIL 2024 2024 2023 Dividends and interest from investments Bank interest Donations received Maintenance contributions 61.978 1,022 5.000 55.364 51,985 306 53,431 123.364 105.722 Less Water and sewerage charges Telephone Council lax Healing and lighting Insurance Subscriptions and fees Management fees Wages and PAYE Repairs and renewals Garden sundries Maintenance and sundry Accountancy 655 982 6,247 3,943 2.654 22,957 19,710 16.055 108,876 10.575 244 1.s52 627 875 7,217 4,747 2,364 22.150 18.371 15,608 46,292 7,039 2,716 1,566 194.450 129,572 Surpluslldeficil} for the year 171.0861 23,850 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MRS G A H GRUNDY TRUST We report on the accounts of the chafty for the year ended 5 April 2024 which ale sel out on pages 1 10 3. Respective responslbilities of trustegs and examiner The charity's Ifuslees are responsible for the preparation of the accounts. The charity's Iruslees consider that an audit is not required for this year ynder section 144(2) of the Chariknes Act 2011 (the 2011 Act) and that an Independent examination is needed. 11 is our responsibility lo. examine the accounls under section 145 of the 2011 Act.. ftillow the procedures laid down in the general Directs"ons given by the Charity Commission under section 14515}Ibl of the 2011 Act., and slate whether particular matters have come lo our attent￿n. Basis of independent examiner's report Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. 11 also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as Iiustees conceming any such matters. The procedures undertaken do not provide all the eviden￿ that would be required in an audit and consequently no opinion is given as lo whether the accounts present a 'lrue and fair view. and the ieport is limited lo those mallers sel out in the slalemenl below. Independent examinerfs statement In connection with our examination, no matter has come lo our allents)n'. which gives us reasonable cause lo believe that. in any material respect, the requirements.. lo keep accounting records in accofdance with section 130 of the 2011 Act., and lo prepare accounts which accord wilh the accounting records and comply with the accounting requirements of the 2011 Act have not been mel", or to which, in our opinion, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. Moore Chartered Accountants Oakley House. Headway Business Park 3 Saxon Way West Corby Northamplonshire NN18 9EZ 21 November 2024 MRS G A H GRUNDY TRUST TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 5 APRIL 2024 Official Name: Mrs G A H GrundyTrust Charity Commisslon Number: 202310 Official Address: West Street, Ketterin& Northants NN16 OAZ Objects and Governing Documents: The Trust was set up under the Will of Mrs G A H Grundy proved on the Seventeenth day of June 1955 with the objett of providing almshouses for the use of poor people of the middle classes. th DurinB the year to 5 April 2024. the Trustees have continued to oversee the investments of the charity through the use of the Brokers Nominee Service to manage the Portfolio,. and the general management of the almshouses including day to day maintenance of the buildings and gardens and improvements or refurbishment to the buildings where necessary, and payment by almshouse residents of a weekly maintenance charge. The Trustees have also considered applications from suitable persons where vacancies have occurred,. accepted any donations to the charity,. and have scrutinised and overseen the 3Ctivities and reports of the manager particularly. It is the policy of the Trustees that annual expenditure is covered by income including accumulations of income. At the end of the year the income reserves amounted to £89,496. The Trustees maintain this level of reserves to finance the purchase of land or buildings for further almshouses within geographical limits and isolated opportunities including the additional expenditure necessary to convert new buildings andlor land to a standard for occupation and upgrade and refurbish the existing housing stock and off street caf parking facilitie5. James Edward Lamb for and on behalf of the Trustees