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2025-03-31-accounts
| Contents |
|
|
Page |
| Generallnformation |
|
|
I |
| J'rustees'Report |
|
|
_-+ |
| Independenlexaminer,srepoft tothetrustees |
5 |
| Statementoffinancialactivities |
6 |
| Balancesheet |
|
|
7 |
| Notes toaccounts |
|
|
8-11 |
| Summaryincclme and expenclitureaccor_rnt |
12 |
| Fropertl,revenue account |
|
| ceneralincomeand erpencritureacLrount(non housingactivities) |
t+ |
| l-ixed as.etirrr911n{-'111t |
I< |
|
Note |
|
2425 |
2024 |
| INCOMINGRESOURCES |
|
|
|
|
| incomingresourcesliornciraritable |
|
|
|
|
| activities |
|
1 |
11 |
t.737 |
| lnvestmentInconte |
|
-1 |
23,466 |
|
|
|
|
134,203 |
Ilc).977 |
| RESOURCES EXPENDET) |
|
|
|
|
| Costsofcharitabieactivities |
|
|
99,513 |
101.207 |
| Governancecosts |
|
|
13,061 |
1t.757 |
|
|
|
112,574 |
i18.964 |
| NETMOVEMENT INFUNDSFORTHE |
|
|
21,629 |
1.013 |
| TINANCIAL YEAR |
|
|
|
|
| Balances broLlghtforuard |
|
|
1 |
l.)n |
| BALANCECARRIED FORWARD |
|
|
1'1 48,762 |
1.087,133 |
|
Note |
2025 |
|
2024 |
| FTXED ASSETS |
|
|
|
|
| Tangibleassets |
|
343,458 |
|
ii)750 |
| Investments |
|
536,082 |
|
536,082 |
|
|
879,540 |
|
888.832 |
| CURRENTASSETS |
|
|
|
|
| Debtors |
|
|
|
{_) |
| Cash atbankandiiihand |
|
229,942 |
|
203,433 |
|
|
229,942 |
|
203.433 |
| CREDITORS: Amounts fallingdue |
|
720 |
|
7?0 |
| withinoneyear |
|
|
|
|
| NET CURRENTASSETS |
|
lror?, |
|
1n1 71'! |
| TOTATASSETSLESSCURRENTLIABILITIES |
|
1r108,762 |
|
1.09 I sji |
| RT]SERVES |
|
|
|
|
| Unrestricted fund |
|
I,WuJ62 |
|
i.069,1 33 |
| Revaluationreserve(Unrestrictedfund) |
|
18,O00 |
|
t8.c00 |
|
|
lrl0&,762 |
: |
10R7lii |
|
|
|
|
Income |
|
|
|
|
2A25 |
|
2424 |
|
|
|
*. |
|
f |
|
Housingactivities |
|
106.49-5 |
|
92,543 |
|
Ceneral charitableactivities |
|
,,1,)t1
+--t_ |
|
4,111 |
|
|
|
110.737 |
|
q66l.l |
| 3 |
INTEREST ANDOTHERII\IIIESTMENTSI1YCOME |
|
|
|
|
|
|
|
2425 |
|
2$21 |
|
|
|
{. |
|
g |
|
lnvestment income |
|
|
|
23,218 |
|
Bank depositinterest |
|
1.268 |
|
146 |
|
Donationand miscellaneous |
|
|
|
|
|
|
: |
23.456 |
|
-1J--!nJ |
|
Allocatedto: |
|
|
|
|
|
HousingActivilies |
|
2.003 |
|
t,l6_l |
|
General charitableactivities |
|
2t.463 |
|
22,181 |
|
|
|
23"466 |
|
,J.JOJ |
| 4 |
OPERATINGSURPLUS |
|
|
|
|
|
|
|
2025 |
|
2424 |
|
|
|
g |
|
f, |
|
Operating surpiusisafter charging |
|
|
|
|
|
Depreciation |
|
9.292 |
|
I)O) |
|
Reportingaccountant'sremuneration |
|
724 |
|
720 |
|
|
Housing |
Stock |
|
|
Agricultural |
Freehold |
Freehold |
|
|
FreeholdLand |
Land |
Buildings |
Total |
|
f |
f,f |
|
f, |
| Costorvaluation |
|
|
|
|
| OpeningbalanceatIApril2024 |
|
143,000 |
467,521 |
610,521 |
| Additions |
|
|
|
|
|
|
143,000 |
467,521 |
610,52I |
| Depreciation |
|
|
|
|
| AtIApril2024 |
|
|
t)t./tt |
25i.771 |
| Chargeforthe year |
|
|
Q1Q-) |
9^292 |
| At3lMarch2025 |
|
|
261.453 |
267.063 |
| Net book value |
|
|
|
|
| Ati1March2025 |
|
143,000 |
200,458 |
343,458 |
| Ar3lMarch2024 |
|
143.000 |
209,750 |
t5?750 |
| F'IXED ASSETINYESTMENTS |
|
|
|
|
|
|
|
2tJ25 |
|
|
2024 |
|
Cost |
Market |
|
Cost |
Market |
|
|
T |
f |
*. |
f |
| Costaltd valuationatyearerrd |
|
|
|
|
|
| Fixed interest |
|
13.261 |
rt.283 |
13,267 |
Ii,60i |
| Charincoincor.ne shares |
|
10"191 |
11.649 |
i0.19l |
,10,003 |
| Charishare lncomeshares |
|
23,458 |
52.932 |
23.458 |
5t"604 |
| Other |
|
|
|
|
|
| L.isted Investmenis |
|
25^166 |
45.131 |
25.166 |
43.619 |
| CharitiesOfficialInvestmentFund |
487.458 |
|
1.337.396 |
487,458 |
r.163,B49 |
|
5 |
t2.624 |
I.382.533 |
512.624 |
1.207,528 |
| Totai |
536.082 |
|
l,;135,465 |
536.082 |
1?iqli) |
|
|
|
| Cost-movementduringtheyear |
2025 |
2024 |
|
, |
f |
| AtiApril2024 |
536,082 |
536"082 |
| Disposals |
(60,000) |
(60.000) |
| Additions |
60,000 |
60.000 |
| At31Marctr2025 |
536,082 |
536.082 |
|
2075 |
|
2{124 |
|
|
f |
|
f |
|
| Sundrl,accruals |
|
724 |
|
5132 |
| TheCharityofNicholasSwallowand other |
s |
|
| STATEMANT OFFINANCIALACTIVITIES |
|
|
| Yearended31March2025 |
|
|
|
2t25 |
2A24 |
|
*, |
f, |
| PROPERTY REVENUE ACCOUNT |
|
|
| Surplusl'rrrtheyear(pagei3) |
76.r98 |
35.852 |
| GENEITAL INCOME AND EXPBNDIT'UREACCOUAIT |
|
|
| {NONHOUSI}{GACTMTIES) |
|
|
| L-lxcess(Deficit) ibrthe-v-'ear(page1.1) |
56e) |
(34.840) |
| Netsurplusi(deficit) tirrtlte vear |
21.62e |
1.012 |
|
202s |
2021 |
|
f, |
*, |
| HOUSINGINCOME |
|
|
| Propertl,"rentsreceivable |
106.;19-5 |
Yl.)Ur |
| OTHERINCOME |
|
|
| Bank deposit interest |
1.268 |
146 |
| Investment lncome |
736 |
1,037 |
|
2,00i |
1.183 |
| TOTAL INCOME |
108.,{98 |
93.685 |
| EXPfNDIT'URE |
|
|
| ir.rsurance |
4.517 |
3.661 |
| Electricity&gas |
329 |
68S |
| Maintenanceofproperties |
10,80r |
40.58i |
| Maintenatce ofgrouncls andequipment |
4,16i |
l.eu+ |
| Properlvmanasementcosts |
244 |
24i! |
| Accountanl's remuneralion |
42() |
i60 |
| BankCharges |
|
|
| Prolessionaiiees |
2,534 |
|
| Sundry |
|
|
| Depreciationofbuildings |
q?q1 |
q.2s2 |
| Totalmanagenrent costs |
i /
1tlt, |
57.83i |
| SURPLUSTRANSFERRED TOSUMMARY |
|
|
| INCOMEAND EXPENDITURE ACCOUNT |
76,lgft |
35,852 |
|
2425 |
2425 |
2824 |
|
|
$ |
f. |
| TNCOME |
|
|
|
| Agriculturalrentsreceivable |
|
l
-',A1
a.L1) |
4,r11 |
| OTHERINCOME |
|
|
|
| Ilvestmentincome |
|
19,646 |
19,7CI9 |
| Bank deposit interest |
|
I.817 |
) Lt) |
| Donations&miscellaneous |
|
|
|
|
|
2 r.463 |
a")1Qi
L,.l
gI |
| TC}TALINCOME |
|
25^105 |
l(1()1 |
| EXPENDITURE |
|
|
|
| Clerk'scosts |
|
I1"048 |
9.529 |
| Accountant'srernuneration |
|
42A |
360 |
| Charitl,'aid |
|
68"202 |
50"663 |
| Donatiorrs&miscellaneous |
|
|
0 |
| Trustee irtsurance |
|
604 |
57q |
|
|
8C.214 |
6l.i3t |
SURPLUS /(DETICIT") TRANSFERRED TO
SUMMARY INCOMEAIIDEXPENDITURE ACCOUNT |
( |
s-l56Q|*_!${[ |
|
|
31 |
N,larch2025 |
|
3lT\4arch2C24 |
3lT\4arch2C24 |
|
|
Holding |
Book |
Market |
Holding |
Book |
Market |
|
|
value |
value |
|
yalue |
value |
|
|
*. |
f |
|
*, |
f |
| NARROWER RANGE |
|
|
|
|
|
|
| INVESTMENTS |
|
|
|
|
|
|
| CharincoCommonlnvestnrenl7.916.13 |
|
13,267 |
I1.601 |
7,946"13 |
13"267 |
I 1.840 |
| Fund(FixedInterest) |
|
|
|
|
|
|
| CharishareComrnon |
5.,187.i,1 |
r0.t91 |
40.003 |
5.487.34 |
I0.I91 |
38.795 |
| InvestmentFund |
|
|
|
|
|
|
|
|
23,458 |
51,604 |
|
23,458 |
50.635 |
| WIDERRANGE |
|
|
|
|
|
|
| INYESTMENTS |
|
25,166 |
43,769 |
|
25"166 |
40,861 |
| (seebelow) |
|
|
|
|
|
|
| SPECIAL RANCE |
|
|
|
|
|
|
| INVESTMEN'I' |
|
|
|
|
|
|
| CharitiesOfficialInvestment |
|
|
|
|
|
|
| F'und |
|
|
|
|
|
|
| lncomeshares |
5,173.6141,t46 |
|
93,642 |
5,i7-3.61 |
4t^t16 |
q5i57 |
| Clobal EquityFund |
254^886.q7 |
440.000 |
642,315 |
239.450.27 |
440,000 |
601,020 |
| Accumulationshares |
1.904.286.312 |
|
127.892 |
t.904.28 |
5llf |
426.-55+ |
|
|
487,4-i8 |
I,163,849 |
|
487,4,58 |
I,123,136 |
| TOTALINVESTMENTS |
|
536,082 |
1a59,222 |
|
5t6nR1 |
1,214,632 |
| WIDERRANGE |
|
|
|
|
|
|
| II\N/ESTMENTS |
|
|
|
|
|
|
| M&C tlharifuncl |
|
|
|
|
|
|
| incomeshares |
638 |
2,515 |
9.289 |
638 |
2,515 |
9.469 |
| Citl'Financial |
|
|
|
|
|
|
| MMCrowth Account |
800022.65i |
|
34.480 |
8000 |
22.651 |
31.i92 |
| Accumulationshares |
|
|
|
|
|
|
|
|
25,166 |
13,769 |
|
2.5"t66 |
40,86! |