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2024-10-31-accounts

						Page
Repon of the		Trustees				I to 2
Independent		Examiner's		Report		3
Statement	of	Financial		Activities		4
Balance	Sheet					5
Notes to	the	Financial	Statements			6tolO
Detailed	Statement of		Financial		Activities	11

							31.10.24	31.10.24		31.10.23	31.10.23
				Unrestricted	Restricted	Endowment	Total	funds		Total	funds
				fund	fund	fund
			Not
			es
INCOMING RESOURCES
Incoming resources	from
generated funds
Investment income			2	27,678				27,678		29,547
Other incoming resources				736				736			1,737
RESOURCES EXPENDED
Charitable activities			3
Charitable				6,995				6,995			6,989
Governance costs			4	4,312				4312			4,802
Total resources expended				1 1,307				11,307			11,791
NET INCOMING
RESOURCES BEFORE
TRANSFERS				17,107				17,107			19,493
Gross transfers between funds			12	1,250		(l ,250)
Net incoming/(outgoing)		for
the year before other
recognised gains and	losses			18,357		(1,250)		17,107		19,493
Realised gains/(losses)	on	fixed
asset investments				5,462		29,338		34,800			(5,820)
Net income/(expenditure)				23,819		28,088		51 ,907		13,673
RECONCILIATION	OF
FUNDS
Total funds brought	forward			237,298	5,640	543,566	786,504			772,831
TOTAL FUNDS CARRIED
FORWARD				261,117	5,640	571,654	838,41		1	786,504

Balance Sheet
At 31 October 2024
					31.10.24		31.10.23
				Not
				es
FIXED ASSETS
Tangible assets				7	5,640		5,640
CURRENT ASSETS
Debtors				8	287,417		288,889
Investments				9	519,411		484,61	1
Cash at bank and	in hand				28,440		9,224
					835,268		782,724
CREDITORS
Amounts falling	due within		one
year				IO	(2,497)		(1 ,860)
NET CURRENT ASSETS					832,771		780,864
TOTAL ASSETS		LESS
CURRENT LIABILITIES					838,41	1	786,504
NET ASSETS					838,41	1	786,504
FUNDS				12
Unrestricted funds:
General fund					261,117		237,298
Restricted funds:
Restricted Fund					5,640		5,640
Endowment funds:
Endowment Fund					571 ,654		543,566
TOTAL FUNDS					838,41	1	786,504

		31.10.24	31.10.23
Investment income		27,455	29,769
Bank Interest	receivable	223	61
		27,678	29,608

	31.10.24	31.10.23
Staff costs	I ,999	2,501
Insurance	381	754
Accountancy	1,315	1,031
General & travel	617	516
	4,312	4,802

						31.10.24	31.10.23
Wages and		salaries
The	average	monthly	number of employees	during the year was	as follows:

				31.10.24	31.10.23
Acres
4.455	Church	Lane	Corton	9,400	9,400
(1.770)	Attributable		to New Almshouses	(3,760)	(3,760)
2.685				5,640	5,640

	The Following		are short	are short	term	term	debtors:
										31.10.24		31.10.23
	Prepayments											222
												222
	The Following		are Long		term		debtors:
										31.10.24		31.10.23
	Capital Recoupment			Fund						102,298		103,298
	Capital Recoupment			Fund		- New Almshouses					49,750	50,000
	Capital Recoupment			Fund		- New Almshouses		(2)		135,369		135,369
										287,417		288,667
9.	CURRENT ASSET			INVESTMENTS
												31.10.24
	Valuation at	I	November			2023						484,611
	Income re-invested
	Additions
	Disposals
	Revaluations											34,800
	Valuation 31	October		2024								519,411
									Cost	Market	Value	Income
												Received
	M&G Charifund								42,283	419,606		26,680
	Charity Deposit		Funds
	Income								74,985		91,805
	Capital								8,000		8,000	775
									125,268	519,411		27,455

		31.10.24	31.10.23
Other	creditors	2,498	1,860

ANAL	Y	SIS OF NET A	SSETS BETWEEN F	UNDS
						31.10.24		31.10.23
			Unrestricted	Restricted	Endowment	Total funds		Total funds
			fund	fund	fund
Fixed	assets			5,640		5,640		5,640
Current		assets	263,614		571,654	835,268		782,724
Current		liabilities	(2,497)			(2,497)		(1,860)
			261,117	5,640	571,654	838,41	1	786 504

				Net movement	Transfers	Transfers
			At 1.1 1.23	in funds	between	funds	At 31.10.24
Unrestricted funds
General fund			237,298	22,569		1,250	261,117
Restricted funds
Restricted fund			5,640				5,640
Student grants
Endowment funds
Endowment fund			543,566	29,338	(1,250)		571,654
TOTAL FUNDS			786,504	51 ,907			838,41 1
Net movement in funds,	included	in the above	are as follows:
			Incoming	Resources	Gains	and	Movement in
			resources	expended	losses		funds
Unrestricted funds
General fund			28,414	1 1,307	5,462		22,569
Restricted funds
Student grants
Endowment funds
Endowment fund					29,338		29,338
TOTAL FUNDS			28,414	1 1,307	34,800		51 ,907

Detailed Statement of	Financial	Financial	Financial	Activities
for the Year Ended 31	October			2024
					31.10.24	31.10.23
INCOMING RESOURCES
Investment income
Investment income					27,455	29,547
Bank Interest receivable					223		61
					27,678	29,608
Donations received							1,170
Other incoming resources
Allotment & land rent					736		506
Total incoming resources					28,414	3	,284
RESOURCES EXPENDED
Charitable activities
Piper alarm rent					2,889		2,904
Water Rates - allotments					237		453
Repairs					74		96
Chiropody					738		396
Donations for improvements
Grants and distributions	to		parishioners		3,057		3, 140
					6,995		6,989
Governance costs
Secretary's remuneration					1 ,999		2,501
Insurance					381		754
Accountancy					1,315		1,031
General & travel					617		516
					4,312	4,802
Total resources expended					11,307	1	1,791
Net income before gains		and
losses					17,107	19,493
Realised recognised gains			and	losses
Realised gains/(losses)	on	fixed		asset investments	34,800	(5,820)
Net income					51 ,907	13,673