## ## |Trustees|RJKerr(Chairman)|| |---|---|---| ||EWHClark|| ||MrsLPhillips|| ||GHolmes|| ||Rev E Hanshaw|| ||RevHABryan|| ||HWilson|(Appointed 26 September| |||2023)| |Charity number|205825|| |lndependent examiner|Moore (South)LLP|| ||33The ClarendonCentre|| ||Salisbury BusinessPark|| ||Dairy MeadowLane|| ||Salisbury|| ||\Mltshire|| ||SP1 2TJ|| |Bankers|HSBCBank|| ||81TurnersHill|| ||Cheshunt|| ||EN89BA|| ## ## ## ## ## |TheTrusteesduringthe yearandtheir appointing|bodywhereappropriatewere:| |---|---| |RJKerr(Chairman)|| |EWHClark|| |MJ Braithwaite(ViceChairman)|(Resigned26 September 2023)| |Mrs L Phillips|| |GHolmes|| |Rev E Hanshaw|| |RevHA Bryan
RElla
HWilson|(Resigned26September2lZ3)
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EElgvrsiFE|||| ## ## ## |||2024||2023|| |---|---|---|---|---|---| ||Notes|I|t|f,|s| |Fixedassets|||||| |Tangibleassets
Investments|12
13||1,032,030
1,554,665||1,032,030
1,505,397| ||||2,586,695||2,537,427| |Current assets|||||| |Debtors|14|1,898||3,986|| |Cashat bankandin hand||s8,864||65,754|| |||60,762||69,740|| |Greditors: amountsfallingduewithin
oneyear|15|(20,e32)||(1e,603)|| |Netcurrent assets|||39,830||50,137| |Totalassets less currentliabilities|||2,626,525||2,587,564| |NetassetsexcludingpensionIiability|||2,626,525||2,587,564| |Thefunds of the charitY|||||| |Endowmentfunds|17||378,890||378,890| |Restrictedincomefunds|18||145,540||136,818| |Unrestrictedfunds|||2,102,095||2,071,856| ||||2,626,525||2,587,564| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Freehold|landandbuildings|See below| |---|---|---| |Fixtures|andfittings|10%Straightlinebasis| ## ## ## ## ## ## ## ## ## ## ## ## |ncomefr|omdonations and legacies||| |---|---|---|---| |||Unrestricted|Unrestricted| |||funds|funds| |||2024|2023| |||I|s| |Donations|andgifts|6,443|| ## |lncomefrom|charitableactivities|||| |---|---|---|---|---| |||Unrestricted|Unrestricted|| |||funds||funds| |||2024||2023| |||f,||0| |Contributions|fromoccuPiers|200,088||180,262| |ncome|frominvestm|ents|||||| |---|---|---|---|---|---|---|---| |||Unrestricted
funds
2024
€|Restricted
funds
2024
E|Tota!Unrestricted
funds
2024
2023
g€||Restricted
funds
2023
s|Total
2023
€| |Unlisted
lnterest|securities
receivable|32,738
18,856|5,691|38,429
18,856|31,083
17,850|5,136|36,219
17,850| |||51,594|5,691|57,285|48,933 5,136||54'069| ## ## ## ## |Expenditure on charitabl|eactivities|||||| |---|---|---|---|---|---|---| ||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| ||funds|funds||funds|funds|| |Directcosts|2024
e|2024
t|2024
t|2023
f,|2023
E|2023
€| |Staffcosts||||1,382||1,382| |Repairsand maintenance|51,341|126,845|178,186|57,534|79,711|137,245| |Rates andwater|7,914||7,914|7,858||7,858| |lnsurance||||||| |Lightand heat
Office costs|4,497
42,151
21,181||4,497
42,151
21,181|3,915
45,945
20,219||3,915
45,945
20,219| |Careline support costs|7,169||7,169|6,027||6,027| |Bankcharges|124||124|124||124| ||134,377 126,84s||261,222 143,00479,711|||222,715| |Shareofsupportandgovernancecosts(see note7)||||||| |Support
Governance|1,301
5,909||1,301
5,909|1,320
12,780||1,320
12,780| ||141,s87126,84s||268,432|157,10479,711||236,815| |Analysisbyfund||||||| |Unrestricted funds|141,587||141,587|157,104||157,104| |Restrictedfunds|126,845
141,587126,845||126,845
,=,r"|79,711
157,10479,711||79,711
236,815| ## ## ## ## |The average monthly number of employees duringth|e year was:|| |---|---|---| ||2024|2023| ||Number|Number| |||1| |Employmentcosts|2024|2023| ||t|t| |Wagesand salaries||1,382| |Gainsand losses on investments|Gainsand losses on investments||||||| |---|---|---|---|---|---|---|---| |Unrestricted||Restricted||TotalUnrestricted||Restricted|Total| ||funds|funds|||funds|funds|| |Gains/(losses) arisingon:|2024
t|2024
I||2024
€s|2023|2023
t|2023
t| |Revaluationof|||||||| |investments|40,546_|3,031||43,577_|(113,408)|(2,838)|(116,246)| |Saleof investments||||||(42)|_@4| ||40,546|3,031
:|:|43,577|(113,408)|11ry)|q93)| ## ## ## ## ## |Tangiblefixed assets|||| |---|---|---|---| ||FreeholdlandFixturesand
andbuildings
fittings
Ig||Total
g| |Cost
At 26March 2023|1,032,030|1,3501,033,380|| |At 25 lt/arch2024|1,032,030|1,3501,033,380|| |Depneciationand imPairment
At 26March 2023||1,350|
1,350| |At 25March 2024||1,350|
1,350| |Carrying amount
Al25March 2024|1,032,030||1,032,030| |At 25March 2023|1,032,030||1,032,030| ## |The AncienUDeweyAlmshouses1'6,I-14 TheAlmshouses, TurnersHill,Cheshunt
TheWar MemorialHomesofRest15-20 TheAlmshouses, TurnersHill,Cheshunt
NortonAlmshouses
21-22The Almshouses,TurnersHill,Cheshunt
The AnsteeAlmshouses
23-26 TheAlmshouses,TurnersHill,Cheshunt
Xing George V JubileeAlmshouses
1- 2HomeleighCourt, Churchgate, Cheshunt
miWar MlmorialAlmshouses3-4HomeleighCourt, Churchgate, Cheshunt
Almsflats
5-16HomeleighCourt, Churchgate, Cheshunt| |---| |Details ofthe movementsduringthe yeara|re asfollows:-|re asfollows:-| |---|---|---| ||CostNet BookValue|| ||tt|| |Churchoate Development||| |At 25 March 2022and25March2023|s57,616|557,616| |HousingCorporationGrant|(242,595)|(242,595)| |TurnersHill
At25 March 2022and25March2023|717,009717,009|| |Total||| |At 25March 2023|1.032,030|1,032.030| |At25March 2022|1.032.030|1.032.030| ## ## ## |Fixedasset investments||| |---|---|---| |||Listed| |||investments| |||E| |Costorvaluation||| |At 26March 2023||1,505,397| |Valuation changes||43,577| |AdditionsM&GAcc shares||5,691| |Al25March2024||1,554,665| |Carrying amount||| |At 25March2024||1,554,665| |At 25March 2023||1,505,397| ||2024|2023| |lnvestmentsatfair valuecomprise:|t|€| |Fixed- interest investmentsatvaluation|428,715|442,680| |COIFCharitiesFund- lnvestmentincomefund|521,773|473,509| |COIF CharitiesFund-FixedinterestFund|46,465|43,651| |NAACIF-Accumulation shares|145,540|136,818| |NAACIF-lncome shares|412,172|408,739| ||1,554,665|111Y| ||
inthe financial review and investmentpolicysections ofthe Trus|
tees'AnnualReport.|| |---|---|---|---| |14|Debtors||| ||Amountsfallingduewithinoneyear:|2024
E|2023t| ||Other debtors||2,471| ||Prepayments and accrued income|1,898|1,515| |||1,898|3,986| ## ## ## ## |Creditors: amountsfallingduewithinoneyear||| |---|---|---| ||2024|2023| ||E|s| |Othercreditors|16,900|15,793| |Accrualsanddeferredincome|4,032|3,810| ||20,932|lr,tI| ## ## |
income.Any capitalgainsor losses arisingontheass|
etsformpartof thefund.||| |---|---|---|---| ||At26 March|At25|March| ||2023||2024| ||s||I| |Permanentendowments|||| ||378,890|378,890|| |||:|| |Previousyear:|At26 March|At25|March| ||2022f||2023t| |Permanentendowments|||| ||11t*|378,890|| ## ## ## |balancesoffunds|
held ontrust for|
specificpurposes|
:|||||| |---|---|---|---|---|---|---|---|---| ||At26March
2023
e|lncoming
resources
fI|Resources
expended|Transfers
t|Gainsand
losses
t||At|25March
2024
I| |Extraordinary
RepairFund|115,648|5,691|(126,845)126,845|||3,031||124,370| |Cyclical
Maintenance
Fund|21,170|||||||21,170| ||136,8'18|5,691
:|(126,845)
:|126,845||3,031||145,540
:| |Previousyear:|At26 March
2022
f,|lncoming
resourcest|Resources
expendedt|Transfers
s|Gainsand
losses
t||At|25March
2023
f,| |Extraordinary
RepairFund|151,350|4,370||(37,582)||(2,490)||115,648| |Cyclical||||||||| |Maintenance
Fund|22,586|766|(79,711)77,919||__iro)|||21,170| ||173,936|5,136|
(79,711)40,337||:|(2,880)||136,818| ## |Unrestrictedfund|s||||||| |---|---|---|---|---|---|---|---| ||At26March|lncoming|Resources|Transfers|Gainsand|At25|March| ||2023
0|resources
f|expended
t|t|losses
I||2024
0| |Generalfunds|
2,071,856|258,125|(141,587)|(126,845)|40,546|2,102,095|| |||:|:|:||:|| |Previous year:|At26March|lncoming|Resources|Transfers|Gainsand|At25|March| |Generalfunds|2022
€
2,153,510|resourGes
t
229,195
:|expended
t
(157,104)|I
(40,337)|losses
f
lI1o')|2023
f,
,,*,:=|| ## ## ## ## |Analysisofnetassetsbetweenfun|ds|||| |---|---|---|---|---| ||Unrestricted|Restricted|Endowment|Total| ||funds|funds|funds|| ||2024
t|2024
€|2024f|2024
t| |At2SMarch2024:||||| |Tangible assets
lnvestments|1,032,030
1,030,235|145,540378,890||1,032,030
1,554,665| |Currentassets/(liabilities)|39,830|||39,830| ||2,102,095 145,540378,890|||2,626,525| ||Unrestricted|Restricted|Endowment|Total| ||funds|funds|funds|| ||2023
t|2023I|2023
E|2023
€| |At25March2023:||||| |Tangibleassets|653,140||378,890|1,032,030| |lnvestments|1,368,579|136,818||1,505,397| |Current assets/(liabil ities)|50,137|||50,137| ||,,*,:,|136,818|378,890|2,587,564| ##