Charlty r¥lstratlon number 205867
THE EMIUE GALLOWAY HOME OF REST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JI MARCH 20Z4

THE EMILIE GALLOWAY HOME OF REST
LEGAL AND ADMINlSfRATIVE INFORMATION
Trustees
Mrs E M Broome
Mr M V Walker
Mrs S Hopkins
Mrs E Pilley
Mr S Wise
IAppointed 22 February 20241
(Appolnted 22 February 20241
Charlty number
205867
Prlnclpal address
Tweed
8-10 Sllverdale Road
Easibourne
East Sussex
BN20 7AL
Independent examlner
Nathan Coker FCCA
Prlce & Compary
30-32 Gildred8e Road
Eastbourne
East Sussex
BN214SH
B•nkers
Natwest
96 Terminus Road
Eastbourne
East Su55ex
BN213AA
Inv•8tm•nt advlsorn
Chades Stanley & Co Ltd
14 Hyde Garden5
Eastbourne
East Sussex
BN214PR

THE EMILIE GALLOWAY HOME OF REST
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent examlner's report
Statement of financial artlvitles
Balance sheet
Statement of cash flows
Notes to the financial statements
10-24

THE EMILIE GALLOWAY HOME OF REST
TRUSfEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financlal statements have been prepared in accordance with the accounting policies set out in note I to
the financial statements and comply wlth the charity's governlng document, the Charltles Act 2011 and
"Ac¢ountlng and ReportinB by Charities.. Statement of Recommended Practlce appllcable to charltles
preparin8 thelr occount5 in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021" (effective l January 20191-
Objertlves and actlvltles
The Home, a re8lStered charlty number 20S867 was established by a charitsble trust in 1930 to provide a
resldentlal and holiday home for the elderly. The charity moved Its premises to Eastbourne In 1950 and
enloys a hlgh reputatlon In the a￿3. word of mouth and personal recommendatlons have been such that
advertislng has not been necessary for some years. The charity's fundamentsl Alm is to provide
comfortable and pleasant residential home for the elderfy and one of tts supportlng oblertlves Is ensurlng
that fee5 remain in the lower 50%-tlle of an equivalent private care home in the area whi15t the average wage
of employees. remalns in the upper 50%-tlle.
As such it clearly demonstrates conformhty with the Charity Commission Guidance on Public Benefit.
Achlevements and performance
The after-effects of Covid contlnued to affect Tweed, although the rules appllcable were subsequently
modifled and eventually residents were able to resume normal adivities.
Unlortunately thi5 resulted In a case of Covld whlch spread to both resident5 and staff. However due to the
uptake of the vacclne the Cases were rnild and the care glven by the Manager and stsff of the Home meant
that no addltlonal medical care vms required. The outbreak was short-lived and the morale of the Home has
remained high.
The Trustees conrlnued their monthly meetings.
The retirement of the long-servln8 Chair of Trustees was regretfulty accepted and a new Chalr of Trustees
was appointed. Two new Trustees were also appolnted.
The programme of repalrs and maintenance contlnues. Ourlng the year the following work has been carrled
out..
Upgradlng of flre doors
Rooflng repalrs
• Structural inspertion ol the stonework was carried out leading to replacement stonework on the
front tsvo bays.
Updating of the heating System and replacement of the boilers
Replacement of white goods as necessary
New nurse call panel installed
A new Artivities Co-ordlnator ha5 been appointed and is involving the re5ident5 in a variety of artivities.
New residents have come to the Home durlng thSs year to fill vacancies which have sadly occurred. They have
settled well, and Tweed retains its comfortable family etho5.
The value of Investments held by the charity has been maintslned. The income yield from those investments
was 3.1%12023.. 3.7%).

THE EMILIE GALLOWAY HOME OF REsr
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Flnancl?I revlew
During the year. the charity made a deficit of £5,671 compared to a deficit of £27,574 in the previous year.
Reserves Pollcy
In order to ensure that the charity could recover from a catastrophic incident such as fire or flood, it 15 the
policy of the charity to maintain busine55 interruption insurdnte cover over an Indefnnlty period of 24
months, It Is a150 the policy of the charity that reserves should be maintalned at a level sufficient not only to
ensure that it w511 be able to continue the charity's current attrrflties In the event of a significant drop in
funding. but that in the event of a catastrophe the redundancy costs of all but a mlnlmum of key staff could
be met, the Cost of which would be circa £lOO,000.
The charlty's reserves are represented by Net Current Assets of £28,763. However. the Flxed Asset
Investments wlll be reallsed If funds are requlred to support the Charity's artlvity of operatln8 a rest home.
Flxed A55et Investment on 31 March 2024 had a market value of £322,408.
The trustees have declded to deslgnate the flxed assets and investments as these are requlred for long term
operation5 and income generation. This leaves unrestricted reseryes at £28,763 12023: £55,635) and the
trustees will work on buildin8 this up to the £IOO,000 needed. In order to prevent the Investments havlng to
be reallsed.
Investment Pollcy
It is the pollcy of the Charlty to maintain the value of its reserves in real terms and to maximlse Income from
them wlthout taklng any undue r15k. Fixed asset Investments Increased by £2,202, th15 is attributed malnly to
shares dlsposal of £9,474 and a posltlve share revaluation of £11,354. a 3.5% rise. The Trustees remaln In
Close and regular consultstion with their financial advisor and continue to invest wlsely and safely.
Rlsk Factors
The oblective of the ¢harity's Rlsk Policy is to provide 8uidance on managlng organ15ational rlsk to support
the achlevements of strateg1¢ obSe¢tives, the protection of beneflciaries, staff and buslness assets and to
ensure the continuation of business operations and financial sustainability. The policy. in line wlth Charky
Commission Guidance CC26, provides a framework to:
Define risk 8ovemance
Identify principal risks
Asse5S thelr potential impact and likelihood
Develop mitigating strategies and action5
Monitor and review risk activitie5
Communicate and report risks

THE EMILIE GALLOWAY HOME OF REST
TRUSTEES, REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for I￿￿re perlods
The Trustees intend to continue, in accordance with the provi5ion5 of the Emillie Galloway Trust as set out i
her Will, to provide a residential and respite home for the elderly. With an aging population and in a reglon
popular with retired people, the need for places in care homes Is steadSly increasin8. However in order to
maintaln the good reputation withln the community and full occupancy it Is planned:
To contlnue to provlde a safe and comfortable home where residents can relax within the indivldual
personal space of their rooms and the friendly and attractive Communal spaces.
To contlnue to develop and retain a friendly. efficient and hlghly trained workforce.
To contlnue to monitor the slone faclng to the bulldlng and make any necessary repalrs.
To contlnue to encourage resldents to maintain their involvement with the communlty
To refine the environmentsl pollcy and to continue to make every effort to be as eco-frlendly as
Possible.
Structurn, 8overnan¢e and mana8¢ment
The Home was established by the Wlll of the late Ella Galloway who dled In 1930, and reglstered wlth the
Charity Comm1$51on on 23 September 1962 under re8i5tration number 205867.
The legal and admSnistrative inforrnation page gives detalls of the Charl￿5 prlncipal address, bankers and
prlnclpèl adviser5.
The trustees who served during the year and up to the date of 518nature of the flnanclal Statements were:
Mrs R G Cameron
(Resigned 30 April 20231
Mrs E M Broome
MrMVWalker
Mrs S Hopkins
Mrs E Pllley
Mrswise
(Appolnted 22 February 20241
(Appointed 22 February 2024)
The Home is admlnlstered by the Trustee5 who are appointed as requlred and who meet monthly to revlew
the Home's actlvitle5 and re5uIt5, to discuss new prolects and to generally support the work of the staff and
well as meetlng the resldents and to make policy decislons.
The trustees, report was approved by the Board of Trustees.
Mrs E M Broome
Trustee
Date:...

THE EMILIE GALLOWAY HOME OF REsr
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees are responsible for preparing the Trustees, Report and the flnancial statements In accordance
with applicable law and United Kingdom Accountlng Standards {United Kingdom Generally Accepted
Accounting Prartlcel.
The law applicable to charltle5 In England and Wales requires the trustees to prep?re financial statements for
each flnanclal year whlch give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources of the charity for thai year.
In preparin8 these financial ststements. the trustees are required to:
- select suitable accounting policie5 and then apply them ¢onsistentty:
- observe the methods and prlnclples In the Charlties SORP.
make judgements and estimates that are reasonable and prudent:
state whether applicable accountin8 Standards have been followed, subject lo any materlal departures
¢Jls¢losed and explalned In the flnanclal statements.. and
prepare the financial statements on the golng concern basls unless it Is inappropriate to presume that the
charlty wlll contlnue In operatlon.
The trustees are responsible for keeplng sufflclent accounting record5 that disclose with reasonable accuracv
at any tlme the flnanclal posltlon of the charity and enable them to ensure that the financlal ststement5
comply with the Charities Act 2011. the Charity (Accounts and Reports) Regulatlons 2008 and the provi5i0ns
of the trust deed. They are also responslble for safeguardlng the assets of the charity and hence for takln8
reasonable steps foi the prevention and detertion of fraud and other irre8ularitie5.

THE EMILIE GALLOWAY HOME OF RESr
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE EMIUE GALLOWAY HOME OF REST
I report to the tru5tee5 on my examlnation of the financial statements of The Emilie Galloway Home of Rest
Ithe ¢harityl ft*r the year ended 31 March 2024.
ResponslbllStie5 and basls of report
A5 the trustees of the chority you are responslble for the preparation of the flnancial statements In
accordance with the requlrements of the Charities Art 2011 (the 2011 Act).
I report In re5pert of my examination of the chariVs financial statements carried out under sectlon 145 of
the 2011 Art. In carryin8 Out my examination I have followed all the applicable Dlrertlons glven by the
Charity Commission under sertion 14515llbl of the 2011 Act.
My examlnatlon was carried out in accordan¢e wlth the General Dlrections given by the Charlty Commlsslon,
An examlnatlon Include5 a ￿vIeW of the accounting records kept by the Charlty and a comparlson of the
account5 presented with those records. It also Includes consideration of any unusual items or disclosures in
the accounts, and seekln8 explanation from you a5 Trustees concerning any Such matters, The procedure5
undertaken do not provide all the evidence that would be required in an audit and consequently no oplnion
Is given as to whether the accounts present a 'true and fair view, and the report Is Ilmlted to th0￿ matters
set out In the next ststement.
Independent examlner'$ statement
Since the charity'5 gross Income exceeded £250,OCQ your examiner must be a member of a body Ilsted In
sectlon 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am
member of ACCA, which Is one of the Ilsted bodies.
Your attentlon Is drawn to the fact that the charity has prepared financial statements in accordance wlth
Accountin8 and Reportln8 by Charities preparing their accounts In accordance with the Flnanclal Reportlng
Standard applScable in the UK and Republic of Ireland IFRS 1021 In preference to the Accountlng and
Reportin8 by Charities.. Statement of Recommended Practice issued on l April 2005 whlch Is referred to in
the extant regulations but has now been withdrawn.
l understand that thls has been done in order for financial Statements to provlde a true and fair view in
accordance wlth Generally Accepted Accounting Practice effective for ￿pOrting periods be8innin8 on or after
I january 2015.
I have completed my examlnatlon. I conflrm that no matters have come to my attentlon In connection wlth
the examlnatlon glving me cause to believe that in any material respect..
accountlng records were not kept in respett of the charity as requlred by section 130 of the 2011 Act; or
the financial Statements do not accord with th05e records; or
the finoncial statements do not comply with the applicable requirements conceming the form and
content of accounts set out in the Charltles (Accounts and Reportsl Regulations 2008 other than any
requlrement that the accounts give a true and fair view which is not a matter considered a5 part of an
independent examinatlon.

THE EMILIE GALLOWAY HOME OF REST
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
TO THE TRUSTEES OF THE EMIUE GALLOWAY HOME OF REST
I have no concerns and have come across no other matters In connection with the examination to which
attention should be drawn in thls ￿port In order to enable a proper understanding of the flnancial
statements to be reached.
Nathan Coker FCCA
Prlce & Company
30-32 Glldredge Road
Eastbourne
East Sussex
BN214SH

THE EMIUE GALLOWAY HOME OF RESr
srATEMENT OF FINANCIAL ACTIVMES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrfrted Vnrestrlctsd
fvnds
funds
8enernl desl8nated
2024
2024
Totsl Unre5trlcted Unrestrlcted
fvnd5
tunds
generdl desl8nated
2023
2023
Totsl
2024
2023
Notes
Donations and
legacie5
Charltable actlvltles
Investments
861
832,490
13.084
861
832,490
13.084
2,804
733.071
12.444
2,804
733,071
12,444
Totsl Income
846,435
846.435
748,319
748,319
Charitable actlvitSe5
850,838
12.767
863.605
749,435
12,289
761,724
Other
io
639
639
Total expendltur•
850.838
12,767
863,605
750.074
12,289
762,363
Net gainslllossesl
on Investments
li
11,499
11,499
113,5301 113,5301
Net Out￿Ing resources
belore trnnslers
14,4031
11,268)
15,671)
11,755) 125,8191 127,5741
Net oirtgolng resources
before trnnsfers
14,4031
11,2681
15,6711
11,7551 125,8191 127,5741
Gross transfers
beiween funds
122,4691
22.469
123,1261
23,126
Nel movement In funds
126,8721
21.201
15,6711
124,8811
12,693} 127.5741
Fund balance5 at l April
2023
55,635
406.589
462,224
80,516
409,282
489,798
Fund balances at 31
M¥rth 2024
28,763
427.790
456.553
55,635
406.589
462,224
The statement of financial activities includes all gains and losses reco8nised in the year. All income and
expendlture derive from contlnuing artivities.

THE EMILIE GALLOWAY HOME OF REST
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Flxed assets
Tangible assets
Investments
105,382
322,408
86,383
320,206
14
427.790
406,589
Current assets
stocks
Debtor5
Cash at bank and In hand
15
16
2.896
10.352
53.303
2,379
9,796
88,814
66,551
100,989
Credltors: amounts fallln8 due wiihln
one year
17
137.7881
145,3541
Net current a55ets
28,763
55,635
Total assets less current Ilabllltles
456.553
462,224
Income funds
Unrestricted funds- desl8nated
General unrestrlrted funds
19
427.790
28.763
406,589
55,635
456,553
462,224
The financial statements were approved by the Trustees on..
Mrs E M Broome
Trustee

THE EMIUE GALLOWAY HOME OF REST
srATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operntlng •rti¥itles
Cash absorbed by operations
126,1261
(17,1981
Invertlng artlvltles
Purchase of tangible flxed assets
Proceeds on dlsposal of investment5
Investment income received
131,7661
9.297
13,084
{43,1101
19,345
12,444
Net ¢a$h used In Invertlng actlvltles
19,3851
111,3211
Net cash used In fln•Th¢ln¥ artlvltl¢s
Net decrease In ¢a$h and cash equlvalents
135.5111
128,5191
Cash and cash equivalents at be8lnnln8 of year
88,814
117,333
Cash and ash equlyalents at end of year
53,303
88,814

THE EMILIE GALLOWAY HOME OF REsr
NOTES TO THE FINANCIAL 5fATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
AccouThling pollcles
Charlty Informatlon
The Emilie Galloway Home of Rest is a charitable trust.
1.1 A¢¢ountln8 eonventlon
The Financial statements have been prepared in accordance wlth the Charity's governing document,
the Charities Act 2011 and "Accounting and Reportlng by Charlties.. Statement of Rewmmended
Proactlve applicable to charltles preparing thelr accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffe¢tive l January 20191" The charlty
is a public Benefit Entlty a5 defined by FRS 102.
The flnanclal ststements have departed from the Charities IA¢counts and Reports) Regulations 2C118
only to the extent requlred to provide a true and fair view. This departure has involved followlng the
Statement of Recommended Practice for charitles applylng FRS 102 rather than the verslon of the
Statement of Recommended Prartice whlch Is referred to in the Regulations but whSch has slnce been
withdrawn.
The financial statements are prepared In sterlln& which Is the funrtlonal currency of the charlty.
Monetary amounts In these flnanclal statements are rounded to the nearest £.
The accounts have been prepared under the historical c05t convention, modified to Include investments
at falr value. The prlnclpal accounting policies adopted are set out below.
1.2 Goln8 toncern
At the tlme of approvlng the financial Statements. the trustees have a reasonable expectstlon that the
charity has adequate resources to continue in operatlonal exlstence for the foreseeable future. Thu5
the trustees contlnue to adopt the goln8 concern bas15 of accountlng in preparlng the flnancial
statements.
1.3 Charltablo fvnds
Unrestricted fLtnds are avallable for use at the dlscretion of the trustees In furtherance of their
charltable oblectSves.
Re5trirted funds are Subject to speclfic condltlons by donors or 8rantor5 as to how they may be used.
The purposes and uses of the restrlrted fund5 are set out in the notes to the financlal statement5.
1.4 Income
Income 15 recogni5ed when the charity is le8ally entitled to it after any performance conditlons have
been met, the amounts can be measured ￿lIablY, and ir Is probable that income will be received,
Income from charitable activities conslsts of receipts from residents whl¢h are recognlsed when
recelvable.
-io-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policie5 (Continued)
Cash donations are reco8nised on receipt. Other donations are recognlsed once the Charity has been
notified of the donation. unless performance condition5 require deferral of the amount. Income tax
recoverable In relatlon to donatlons recelved undef Gift Ald or deed5 of covenant is recogni5ed at the
time of the donation.
Legacies are recognised on receipt or otherwlse if the charity has been notified of an Impending
distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is
treated as a contingent asset.
1.5 Expendlture
Llabilitles are recognised as expenditure as soon as there is a le8al or construrtlve obli8atlon
commlttln8 the charlty to that expenditure, It Is probable that settlement will be requlred and the
amount of the obligation can be measured reliably.
Expendlture Is recognlsed In the perlod In whlch the costs are incurred. It includes attributable VAT
wltch cannot be recovered.
1.6 Tan8lble flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at C05t or valuatlon, net
of depreclatlon and any impalrment losses.
Depreclation Is re¢o8nised so as to write off the cost or valuation of assets less their resldual values
over thelr useful live5 on the following bases:
Freehold Property
Imrovement to f￿ehOld property
Flxtures, fittln8s & equlpment
100 Years
20 years
10 Years and 5 Years
The 8aln or loss arlsing on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in net income/lexpenditurel for the
year.
Assets below the value of £100 are not capitslised.
1.7 Flxed a￿et invertment$
Flxed asset Snvestments are InStlally measured at trnnsactlon prlce excludlng transactlon costs, and are
subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net
Income/lexpendtturel for the year. Transaction costs are expensed as incurred.
li-

THE EMILIE GALLOWAY HOME OF RESr
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢countln8 poll¢les Icontlnued)
1.8 Impalrment of flxed assets
At each reporting end date. the charity revlews the Carl￿n8 amounts of its tangible assets to determine
whether there Is any Indlcatlon that those assets have suffered an impairment 1055. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of
the Impalrment loss {If anvl.
1.9 St¢xks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and Sell.
1.10 Cash and cash equlvalents
Cash and cash equivalents include cash In hand. dep051t5 held at ¢all with banks, other short-term Ilquld
Investments wlth orlglnal maturitles of three months or less, and bank overdrafts. Bank overdraft5 are
shown wlthin borrowin85 in current liabilities.
1.11 Flnanclal Instruments
The charlty has elerted to apply the provisions of Sectlon 11 'Baslc Financlal Instruments, and Sectlon
12 '0ther Flnanclal Instruments Issues, of FRS 102 to all of its financial instruments.
Flnanclal in5trvments are ￿CognISed In the chèrfty's balance sheet when the charlty becomes party to
the contractual provlsSons of the instrument.
Flnanclal assets and Ilabilltles are offset. wlth the net amounts presented In the flnanclal ststements,
when there15 a legally enforceable rlght to set off the recognised amounts and there Is an intentlon to
settle on a net basis or to realise the asset and settle the liablllty slmultaneouslv.
Baslc financial assets
Baslc flnanclal assets, whlch Include debtors and cash and bank balances, are initially measured at
tran5actlon price including transaction costs and are subsequently carrSed at amortlsed cost uslng the
effectlve Interest method unless the arrangement constitutes a financlng transactlon, where the
transaction 15 measured at the present value of the future recelpts discounted at a rnarket rate of
interest. Finan¢ial assets classified as receivable within one year are not amortised.
.12-

THE EMILIE GALLOWAY HOME OF RESr
NOTES TO THE FINANaAL 5fATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountln8 pollcles {Contlnued)
Basic flnanclal Ilabllltles
Basic financial liabilitles, includin8 creditors and bank loans are initially recognlsed at transaction price
unless the arran8ement constitutes a financing transaction, where the debt instrument is measured at
the present value of the future payments dlscounted at a market rate of interest. Financial liabilities
classified as payable within one year are not amortised.
Debt Instruments are subsequently carrled at amortlsed cost, uslng the effective interest rate method.
Trade credltors are obllgatlons to pay for goods or services that have been acqulred In the ordlnarv
course of operations fTom supplier5. Amounts payable are ¢lassified as current liablllties If payment Is
due within one year or less. If not. they are presented as non-current Ilabllities. Trade creditors are
recognlsed Inltlally at transactlon prlce and subsequently measured at arnortised cost using the
effective interest method.
Dere¢ognlt5on of flnanclal Ilabilitles
Flnanclal Ilabilities are derecognised when the charitys contractual obllgatlons expire or are discharged
or cancelled.
1.12 Employee benellts
The cost of any unused hollday entltlement 15 recogn15ed In the perlod In whlch the employee'5 servlces
are received,
Termination benefits are recognised immediately as an expense when the charlty is demonstrably
commltted to terminate the employment of an employee or to provlde termlnation benefit5.
1.13 Rellrement ben•ffts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall
due.

THE EMILIE GALLOWAY HOME OF RESr
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
Crltlcal accountlng e5tSrnate5 and Judiements
In the appllcatlon of the charlty's accounting pollcies, the t￿Stee$ are requlred to make judgements,
estlmates and assumptSons about the carrying amount of assets and liabilities that a￿ not readlly
apparent from other 50urce5. The estimates and assoclated assumption5 are based on historlcal
experience and other factors that are considered to be relevant. Actual results may differ from these
estimate5.
The estimates and underfying assumptions are reviewed on an ongoing basis. Revlslons to accountln8
estimates are recognised in the perlod In which the estimate is rev15ed where the revision affect5 onlv
that perlod, or In the perlod of the revision and future perlods where the revlsion affect5 both current
and future perlods.
Crltlcal Judiements
There are no Judgements made by the Trustees lapart from those Involvlng estlmatesl that have a
$18nlficant effect on amounts recognised In the flnancial statements.
Key Sources of ertlmatlon uncertalnty
The estlmates and assumptlons which have a $18nlfl¢ant rlsk of causln8 a materlal adjustment to the
carrying amount of assets and Ilabllltles are as follows:
Oepreclatlon and resldual values
The Trustees have reviewed the asset Ilves and assoclated resldual fdlues of freehold propertles and
have concluded that asset lives and resldual values are appropriate.
Income from donatlons and le8ades
Unrertrlrted Unrestrkted
fund5
funds
2024
2023
Donations and gifts
Grants received
861
1,180
1,624
861
-14.

THE EMIUE GALLOWAY HOME OF REST
NOTES TO THE FINANaAL sfATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from charitable artivities
Unrestritted Unrestritted
funds
funds
2024
2023
Recelpts from re51dents
832,490
733,071
Income from Investments
Unrestrlcted Unrestrlcted
lund$
fund$
2024
20Z3
Investment Income
Interest receivable
10,143
2.941
10,222
2,222
13,084
12,444
15-

THE EMIUE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expenditure on charitable activities
Provlslon of Provlslon of
care
2024
2023
Dlrecl costs
Staff costs
Oepreciation and impairment
Agency costs
Openlng Stock
Closin8 Stock
Food
Household requlsltes and cleanlng
Repair5 & renewa15
Llght & Heat
Telephone
Sundry Expenses
Subscrlptlons and inspection fees
Staff trainln8
Water rates
Insurance
Rates
667,307
12,767
2.924
2,379
12,8961
38,140
10,355
50,054
40,189
3,018
4.010
3,919
1,656
2,644
10,060
1,923
591,562
12,289
4,046
2,343
12,3791
37,802
9,943
31,714
Z2,835
5,238
5,571
3,908
1.697
2,606
9,152
1,833
848,449
740,160
Share ol support and governan¢e ¢osts {see note 71
Governance
15,156
21,564
863,605
761,724
Analysls by lund
Unrestricted funds- gener41
Unrestricted funds- designated
850,838
12,767
749,435
12.289
863,605
761,724
16.

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
¢osts
costs
2024
Support Governance
C05t5
costs
2023
Accountancy and
Independent
examination
Accountancy
Legal and professional
Advertisin8, printin&
statlonery
Bank Charges
Stockbroker char8es
6,120
2,808
6,120
2,808
3,629
2,994
7,374
3,629
2,994
7,374
2.371
781
3,076
2.371
781
3,076
3,480
810
3,277
3,480
810
3,277
15,156
15.156
21.564
21,564
Analy5ed between
Charitable activities
15,156
15,156
21,564
21,564
Governance Costs Includes payments to the Independent examlners of £1.500 12023.. £1,500) for
Independent examlnatlon fees and £7,00812023; £4,374) for other service5.
Trustees
None of the trustees lor any persons connected wlth them) received any remuneratlon or beneflts from
the charity during the year. Ourin8 the year S Hopkins was reimbursed £88.50 for travel expense512023:
none).
Trustees indemnlty insurance of £88012023 - £881} was paid durin8 the year.
Employees
The average monthly number of employees durin8 the year was:
2024
Number
2023
Number
Home Staff
Admin Staff
30
31
Total
32
33
-17-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL STATEMEMfs ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Employees Icontlnued)
Employment Costs
2024
2023
Wa8es and salaries
Soclal security costs
Other penslon costs
610.920
42.880
13.507
542,501
37,146
11,915
667,307
591,S62
There We￿ no employee5 whose annual remuneratlOD was more than £60,OIXI.
Rernuneratlon of key management pers¢)nnel
The remuneratlon of key management personnel was as follow5..
2024
2023
Ag8regate compensation
46,043
41,895
10 Other
Tot41 Unrestrlcted
funds
general
2023
2024
Net105s on disposal of tsngible fixed assets
639
639
-18-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Galns and losses on Investments
Unrestrirted Unrestricied
fvnds
funds
desl8nated deslgnated
2024
2023
Gains/llossesl arlsing on:
Revaluatlon of investments
Sale of investments
11.354
145
113,7661
236
11,499
113,5301
12 Thxatlon
The charity Is exempt from taxation on its activities because all its Income Is applied for charltable
purposes.
13 Tanzlble flmed assets
Frn•hold ImYov•m•n¢ t•
Flxlur••.
Prnprty
fr••h¢ld
fftiing• 1
prop•rty •qulpm•nt
Totsl
Cost
At l Aprll 2023
Addltions
Di5P05als
21,452
266.123
29.452
138.763
2.314
17.4161
426,338
31,766
17,4161
At 31 March 2024
21,452
295,575
133,661
450,688
Depredatlon and lrnpalrnient
At l April 2023
Depreciation charged in the year
Eliminated in respect of disposals
4.942
215
210,753
6,485
124,260
6,067
17,4161
339,955
12,767
17,4161
At 31 March 2024
5,157
217,238
122.911
345.306
Carrylnz amount
At 31 March 2024
16,295
78,337
10,750
105,382
At 31 March 2023
16.510
55,370
14,503
86,383
19-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL StATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Flxed asset Investments
Llsted
Inveslments
Cash In
portlollo
Totsl
Cost or valuatlon
At l April 2023
Valuation changes
Net cash movement
Disp05als
315,193
11,498
5,013
320,206
11,498
322
19,6181
322
19.6181
At 31 March 2024
317,073
5,335
322,408
Irryln8 amount
At 31 March 2024
317,073
5,335
322,408
At 31 March 2023
315,193
5,013
320,206
15 Stocks
2024
2023
Raw materials and consumables
2,896
2.379
16 Debtors
2024
2023
Amounts fallln8 due wlthln one year.
Other debtors
Prepayments and accrued income
2.336
8,016
4,153
5,643
10,352
9,796
-20-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Creditors: amounts falling due within one year
2024
2023
Other taxation and soclal securlty
Other creditors
Accruals and deferred income
9,958
9,039
18,791
8,708
17,242
19,404
37.788
45,354
18 Rrtlrement benefft schemes
2024
2023
Deflned contrlbutlon sthemes
Charge to proflt or loss In respect of defined contribution schemes
13,507
11,915
The charity operate5 a defined Contrlbution pension scherne for all quallfylng employees. The assets of
the scheme are held separately from those of the charity In an Independently administered fund.
-21-

THE EMIUE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 Unrestrirted funds. de￿ated
These are unrestricted funds which are materlal to the charlty's actlvitles.
At l Aprti
2023
Incomlns
resource$
Resources
expended
Transfers
Galns and At 31 March
losses
2024
Flxed assets
and
investment5
fund
406,589
112,7671
22.469
11,499
427,790
Prevlous year:
At l Aprfl
2022
Incomlni
resources
Resources
expended
Transfer5
G•ln$ and At 31 March
losses
2023
Fixed assets
and
investments
fund
409,282
112,2891
23.126
113.5301
406,589
409,282
{12.2891
23.126
113,5301
406,589
The Fixed a55et and Investments fund contsins the value of the flxed a55ets, whlch are requlred for
operatin8 activities, and the investments, which are required for Income generation. The trustees have
agreed to ring fence these monies to clearly show the element of reserves which 15 available for
unrestrlcted use.
ZO Restrltted funds
There Is no restrfcted Income recelved in the year.
-22-

THE EMILIE GALLOWAY HOME OF REsr
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 Unrestricted funds
The unre5trirted funds of the charlty comprlse the unexpended balances of donations and grants which
are not subject to speclfl¢ condition5 by donors and 8rantors as to how they may be used.
At l April
2023
Incomln8
resources
Resources
expended
Transfers At 31 March
2024
General unrestricted fund
55,635
846,435
1850,8381
122,4691
28,763
Prnvlous year:
At i Apdl
ZOZ2
In¢omln¢
resources
Resourns
empended
Transfers At 31 MaTch
2023
General unre5trlrted fund
80,516
748,319
1750,074)
123,1261
55,635
22 Analysls of net assets between funds
Unrestrlrted Unrestrlcted
funds
funds
ieneril de51gnated
2024
2024
Totsl
2024
At 31 March 2024:
Tangible assets
Investments
Current a55et511li3bS1itiesl
105,382
322,408
105,382
322,408
28,763
28,763
28,763
427,790
456,553
-23-

THE EMILIE GALLOWAY HOME OF REST
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Anatysl$ of net assets between funds Icontlnued)
Unrestrlrted Unrestrlrted
funds
fund5
8eneral desl8nated
2023
2023
Totsl
Z023
At 31 March 2023:
Tangible assets
Investments
Current a55etsllliabllitlesl
86,383
320,206
86,383
320,206
55,635
55,635
55.635
406,589
462,224
23 Related yrty trnn5actlons
There were no disclosable related party transaction5 during the year12023- none).
24 Analysis ol chanies In net fvnds
The charfty had no materlal debt durSng the year.
25 Cash generated from operntlons
2024
2023
Deficit for the year
15,6711
127,5741
Adjustments for:
Investment Income recognised in statement of financial activities
(Galnllloss on disposal of tangible fixed assets
Gain orb disposal of investments
Foir value gain5 and105ses on Investments
Depreciation and impalrment of tanglble fixed assets
113,0841
112,4441
639
12361
13,766
12.289
11451
111,3541
12.767
Movements in working capitsl..
Ilncrea5el in stocks
Ilncreaselldecrease in debtor5
IDe¢reasel In ¢redltor5
15171
15561
17,5661
{361
6,016
19,6181
Cash absorbed by oporatioll$
126,1261
117,1981
-24-