|||||||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||