REGISTERED CHARrrY NLIMBER: 206827 RepoRY QF THE TRLISTEES AND UNAUDifED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 FOR CHA OF ROGER REEDE Clemence Hoar Cummlngs Chartered Accountants Rlverslde House 1-5 Como Street Romford Essex RM7 7DN
CHA OF ROGER REEDE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr MARCH 2025 Page Reptsrt of the Tiustees I to 6 Indep¢ndeDt ExamIne$ Report statement of Flnanclal Actlvllle Balance Sheet Note8 to the Flnaftclal Statem¢nts 10 to 16 D¢tall¢d Statement ot Hnanclal A¢tlvltles 17
CHARrrY OF ROGER REEDE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Th1$ ftepr contalns ten sectlon$ l.e. l. The alms pnd objects of the Charlty Z Actlvltles durlng the past year 3. Publ1¢ ben•fft 4. Dlscrlmlnatlon 5. Its flnan¢lal posltlon 6. Xmiestment pollcy 7. AeseThes pollcy 8. Its plans for the fvture 9. Its strurtura 10. ManY49emènt of Ylsks The detalls reported are as of 31st Marth 2025 unless othernlse stated. Page I
CHARITY OF ROGER REEDE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sr MARCH 2025 OBJEcfivES AND AcllvITIE$ l. Thè Alms Objects of th¢ Charlty The foundatlon of the Charfty derfves from thè Wlll of Roger Reede, a Romtord merchant and landowner who died In 1482. Its current governlng document Is a regulatlng Scheme of the Cliallty Comm1551oners sealed on the 16th August 1976, wlth subsequent amendments dated 28th November 1985, 19th August 1997, 31st January 20DO, and 5th Ortober 2001. The Chartty R8glstratlon Number Is 206827. The Charity'5 obJÈrt Is the provlsion of almshouses for the beA*fft af Poor Men of Good Character unable to malntaln themselves by thelr own exertlons through age, 111.health or Inflrmlty. Over the past few years the charlty has found It dlfficult to attract skngle gehtlemen. The Charlty Commissloners therefore agréed an amendment to the scheme (by a further sd)¢me dated 5th Octob8r 20011 whlch state5 the Almspeople shall be poor men. or falllng thati poor women who arè unable to malntaln themseEves. The wlfe of an Almsman may be accommodated, and Ilkewlse the wldow of an Almsrnan. It Is a condltlon of appolntment that Almsmen are capable of Independent vIng as no nurslng or other care Is provlded by the charity. Thtre are 51 bungalows and flats on the Charlty's Estste, Induding the former warden's house whlch has been converted Into 2 flats. The Estate Is In Church Lane, Romford. near the tovm centre. In the London Borough of Haverlng. One Almshouse (separately funded by the Charlty knovm Js the Wllllam Hunnable Akn5house) h•s sllghtly dlffÈrent quallflcatlons for occupancy. These are that those concerned shall be persons of go¢d tharacter who (exeept In speclal case5 to be approved by the Charfty Commlsloner51 are re51dent In the Parlsh of Romford as tt•nstituted on 23rd July 1928. It should furthemore be noted: (a) Thwe are altogether 3 Almshouse5 (Indudlng the Wllllom Hunnable Almshouse) on the Charlty's E$te whlch were funded wlth money derlved from other sotsrces and to whl¢h the Twstees were always pemiltted to appolnt slngle ladles. Ib) A separate Charlty, known as "the Rellef In Need Fund" Is constituted by the Chaity Commlssknnern, Scheme dated 16th August 1976 wlth an amendment dated 5th October 2001. The Trustees apply the Income In rellevlng elther generdlly or Indlvldually persons resident In the area of the anclent Parfshes of Romford. Hornchurch anij Dagenham who are In condltlons of need, hardshlp gr dSstress by maklno gr8nts of money or provldlng or paylng for Items, s¢rvl(es or fadlltles calculated to reduts the need, hardshlp or dlstress of Such persons. 2. Artlvltles for the past VOaT. In addltloft to the normal routSne rnalntenancÈ and repalrs to th& charltvs estste, almshouses whlch become vacant are redecorated or moderft15ed as requlred. Soclal events for resldents have resumed followlng the pandeml On thè estate resldents are provkled wlth the u$e of a ¢lubroum ¥nd laundry wfjth washlftg and drylwJ fadlltles. The charlty's estate Is Part of the NelghbourhoDd Watth Stheme. Vlslts from lo CSOS tske pTra to reassure advlse regldents. Regular updates of forthcomlng soclal events and general remlnders COnmIng e#ate matters are placed on the two not( boards and clrculated to rÈsldents. Apart from repglrs and refvrblshment the ac¢ommodat5on J$ requlred the charjty has undertaken a IndapIng project to the old overgrown allotment area on the estate and resurfaced the maln entran to the estate. Page 2
CHARTfY OF ROGER ReeDE REPORT OP THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 OBJEcfxvES AND AcrivrrxES 3. Publ1¢ b¢neflt The trustees conslder the Cha more than meets the publtc beneflt test by provtdlng good quallty accommodatltjn at reasonable cost for older person5 of Ilrnlted means. Sultable appllcants are Intervlèwed and Invlted to look around the estate. If thelr appllcation Is successlul thelr names are placed on a waltlng 115t. People on the walttsvJ Ilst are offered accommodatlon as soon as a 5uitsble property becomes avallable, followlng redecoratlon ¥tnd any renovatlon whkh Is requlred to be undertaken. 4. DlscrimiTrThtlon The charjty Is rÈstrltted under Its govemlng Instrument ma5nly to provldlng homes for men of retlrement age. Subject to thls restrtctlon. the charlty does not dlscrlmlnate on grour¢d5 of race, rellgton, sexual orfentatlon, dlsablllty and gender, and welcomes appllcants from all parts Df the communSty. The tnAStees contlnue to ensure that the requlrements of the Dlsablllty Dlscrfmln8tion Art &re whenever practlcable complled with. Wlth the safety and access for the disabled in mlnd a full revlew of the estate Is undertaken on a regular ba51s by the trustee5 and the work requlred to be dealt wh Is rhoted and undertaken on a ptanned programme. PINANCIAL REVIEW 5. Th¢ Charlty's Flnanelal Position Thlsls set out In the annual accounts, whlch are approved by the trustees. The Charlty made a gJrplus of £21,807 for the year ended 31st March 202512024 deftclt of £12,297) At 31st March 2025 the Charfty ha9 funds of £993,983 (2024- £972,179). The trustees conslder the Charlty% posltton to be sound, and that It Is able to meet Its Ilabllltles as rall due. 6. IDVéStmant Pollcy The Charlty'5 perwnanent endowment 1$ not lar9e In prcyortlon to Its slze. Presentty all Its regular expenditu Is met by Its regular Income but to the extent that there 15 a surplu5, that 5urplu5 Is mostly deslgnated for fijture use, The need to galn èttess to those funds at short not4 means that they cannot be Invested In anythlng other than deposlt accounts of i)ne type or another. In vlew of the comparntlvely small slze of the Charlty'5 permanent endowment, an Invèstment advlser 15 not retalned, and thè Chhrlty's money Fs placed In a selectlon of dedlcated Charfty Funds. These produce modest Income, but whlch are selected In the hope that they wlll produce capltal growth whlch wlll at least ensure preservatlon of the value of those funds. 7. Reserves Pollcy Unallo¢ated bank balances are carrled forward and In th15 regard the tru5tee5 have kn mlrKI the need to always malntaln sufflclent reserve to ensure that fluctuatlons In Income do not cause short-temi problems In fundlng the Charfty's actlvltle5. The trustee5 revlew thelr Reserves Poll¢y at least once a year. 8. THE CHA.$ PLANS FOR THE FibTURE Broadly speaklng these ¢onstitul¢ more of the Same l.e., to repalr and malntaln the d)artty¥ present Estate, to improve Its f8cllltles as occaslon requlres and funds perni. The trustees contlnu? to rovlew how tho rote of the charlty may be adaptedlextendedlrnodemlsed, Conslderatitsn wlll bè glvèn to the provlslon of addltlonal el¢e$ to rÉ$idènts, subject to the overtldlng objertlve that resldents should be able to lead Independent Ilves. The Schemes of the Charlty Commls$lonets under whlth the chatY operates are kept under revlew. STRuURE. GOVERNANCE AND MANAGEMENT Govornlng document The charlty Is controlled by Its govemlng document, a dead of trust and cOnstuteS an unlotorporated Chaty. Page 3
CHArn OF ROGER REEDE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 202S STRucfuRF, GoveRt4ANCE AND MANAGEMENT 9. Ofganlsatlonal stru¢tur4 The Scheme under whlch the charlty Is admlrtlstered permlts a maxlmum of thlrteen t7petent persons to constitute the body of twstee5. When appolntlng trustees, although there are no partlcular quallficaUon requlrements, con51d¢ratlon Is glven to any speclallst and professlonal knowledge they may offer the chartty, They are persons who through resldente, tsccupatlon ernployment or othèrwlse have speclal knowledge of the area of the anclent Parfshe5 of Romford, Homchurth and Dagenham. Trusteès appolnted by the ex15tlng b¢dy of trustees for a ttmi of flve years. The twstees have appolnte(J a Clerk to co-ordlnate the actlvltles of the Charlty and to advbe upon and admlnlster the thaty,5 affalrs. Mr Derek Holland. a member of the Flmi of Hunt & Hunt LLP of Blackbum House 22126 Eastem Road, Romford, Essex, RMI 3LT 15 the Clèrk to the Tru5tee$, The derk 15 ass15ted hls dutles by members of hls flrm's staff. Due to the nature and slze of the Clarlty no speclflc tralnlng 15 glven to trLtstees. Trustees are kept up to date by the Clerk wlth changlng rules ftiJm the Charlty QJmmlssloner5 and through a publlcatjon by the Alm¥house Assodatlon whlch Is clrculated to each trustee. The aerk attend tralnlng events, arhd where approwlate advl¢e and gutdancè Is glven to the tru5tee5, and professlonal advlce sought. The trust meet quarteriv. A Slte Manager has been appolnted by the Tnjstees. The charlty arranges and pays lor all extemal wlndow# on the estate to be deaned regulady, The charlty also arranges and pays for the grass on the estste to be cut and the grounds maintsined In a ttdy condltlon. In èddltlon, a g&rdener cuts the grass for any resldent unable to undertake thls task. The Charlty presently meets thè water charge for the Estate from Its endowment Income. cloMen Hoar Cummlngs Chartered Aceountsnts, of Rlverslde H{Se, 1-5 Como Stree( R(Nnfor<l, Essex. RM7 7DN, are Ihe Accountants to the Tnlstees and rtIfy the annual accounts. The charbty's bankers are Natlonal Westmlnster Bank Plc. 10 South Street, Romfvrd. Hunt & Hunt Sollcltors LI act as sollcltors to the charlty. Page 4
CHARZTY OP ROGER REEDE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRUCYURE, GOVRRNAIICE AND MANAGEMENT 10. Rl$lr management The trustees have a duty to Identlfy and revlew the rl$ks to whlch the charfty Is exposed and to ensvre approprlate controls ara In Pla to provlde reasonable assurance agalnsc fraud and error, No materlal change has tsken pla¢e $lnce the assessment carrled out last year, whlch was as fojlows: la} Th1$ may arlse for va0US reasons but perhaps partlcularly due to the charbging requlrements of potentki beneflel8rles. The trustees are not at present havlng difficulty obtalnln9 appllcants for any a¢commodatlon, and thls Is SUPPDrted by è low level of volds. The trustees are aware that bedt acegmmodatlon Is becomlng less popular, but thlsls not ? problem at pre¥ent. In view of the recent leglslatlon an addltlonal clause ha5 been inserted In the appllcatlon form requèstlng proof gf an applicant's rlght and the dght of anybody who wlll Ilve In the property to $[tIe In the Unlted Klngdom. {c) ès fit It 15 very difflcult to forn)ulate a strategy for deallng wlth thls should It ever occur because most of our resldents would have diificulty paylng the full weekly malntenance ¢ontributlon. The chadty can do no MO than monltor potentlal developments and make plans as may be approprlate In the Ilght of them. Idl Estate nal securlt Reslde Vlgllance 15 clearly the answer to much of thls Potentlal problem. Crlme preventlon advlce 15 gfven to resldents when and where approprlate. The charlty however accepts that resldents are entitled to thelr prlvacy and to lead Independent Ilves. (e) . CCN cameras have been Installed coverfng most areas of the estate. & Mlsa Th15 15 not belleved to have been a prnblem thus far. Thè rlsks of tlwft centre prtnclpally on Items In the club room and laundry. Loss of Money Insurdn Is cathed In thls regard and funds are regularly the¢ked In the Clerk's offlce. Igl allu Iremen The Clerk's offlco regulèrly keeps an eye out for notlflcatlon of potentlal change5. Some Trustees have experlenee in relevant flelds. Where approprlatè thÉ trustees seek profèsslonal advlce. It Is thought that s much as can be done Is presently belng done. Rlsks are monltored and Insurance protectlon Is carrfed. (l) Etr In5ur&nTr protectlon Is carrled agalnst thls rfsk. Agaln, vlgllance Is qUIred to mlnlmlze the Nsk of flre. Ea¢h almshouse has a smoke detector fftted whlch15 regularfy tested. REFERENCE AND ADMINISTRATIve DETAILS ReglsterÉd Charfty number 206827 Prfn¢lpg1 gddress Blackbum House 22-26 Eastem Road Romford Essex RMI 3LT Page S
CHARITY OF ROGER REEDE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sr MARCH 2025 Trustees The Cttorlty of Roger Reede 15 admlnlstered by a body of Trustees whose names are as follows, wlth dates of thelr appolntment: The Venerablo Ml¢ho81 Ptsr {Chalmian) Appolnted 12th December 2016 Re-appolnted 13th December 2021 Mrs. Annette Walsh, 7th September 1993 Re-appolnted Septsmber 1998 Re-)ppolnted September 2013 Re-appolnted September 2018 Reappolnted September 2023 Mrs.Joanrna Beresford 9th December 2003 Re-appolnted September 2019 Re-appolnted September 2024 Mrs.Janet c¢mben 13th December 2010 Re-appolnted December 2015 Re-appolnted Oecember 2020 Mrs Janot Jènklns Appolnted 14th Decemb¢r 2020 Mrs Joanna Mardy-van Den Beld Appolnted 26th September 2022 Mrs Julle Prost Appolntsd L2th December 2022 TRUSTEE RESIGNATIONS Mr Steven Wood reslgned on 13th March 2024 Xndapend¢nt Examlner Clemence Hoar Cummlngs charte rl Accountsnts Rlverslde House 1-5 Como Street Romford Essex RM7 7DN l G .D.£¢,£(a.hgC.. go.15, Approved by order of the board of trustees on ... by.. and sfigned i)n Its behalf The lien. Mlchaei Powv- Trustee Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHA OF ROGER REEDE Indopendent èxamlnerfs report to the trustees of Charity of Rogèr Reade I report to the chartty trnstees on wny examlnatlon of thÈ accounts of Charfty of Roger Reede {the Trust) for the year ended 31st March 2025. Responslbllltlas and ba$1$ of roport A5 the chartty trustees of the Trust yi)u are re5ponslblè ftsr the preparatlon of the accounts In accor(lan wlth the requlrements of the Charttle5 Att 2011 ('the Act,). E report In respect of my examlnatlon of the Trust's accounts carfed out under Sertlon 145 of the Art and In ¢arrylng out my examlnatlon I have followed all appllcable Dlrectlons glvèn by the Charity CDmmlsslon under Sertlon 14515)(b) of the Act. Zndepend•nt exomln•Y's statement Slnce your tharlty's gross Income exceeded £250,000 your examlner must be a member of a 15te(I body. I can conflrm that l atm quallfted to undertake the examlnatlon because l am a member of the In$tiwte of Charter¢d Accountants In England and Wale5, whlctrl Ss one of the Ilstèd bothes. I have tompleted my x8mlnatlon. I confirm that no matedal matters have come to my attenty In connertlon wlth the examlnatlon glvlng me cause to belleve that In any rnaterlal respert: accountlng records were not kept In respect of the Trust as qUIred by Se¢Yon 130 of the Act: or the a¢ounts do not accord wlth those records; or the accounts do not comply wlth the appllcable requlrements COnmIng the ft)rm and content of accounts set out In the Chadtles {A¢¢ounts and Report5) RÈ9ulatlons 2008 other than arty requlrement that the accounts glve a true and falr vlew whlch Is not a matter consldered as part of an Independent èxamlnatlon. I have nts canrnS and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn Sn thls report In order to enable 4 proper understandlng of the accounts to be reached. Davld Bdbjn Bsc FCA DChA aemence Hoar Cummlngs tharteo Accountants Rlverslde House 1-5 Como Street Romford E55ex RM7 7DN ..[.L....QL>L£(Y.)b,Lr....).2S Paye 7
CHARITY OF ROGER REEDE STATEMENT OF FXNANCIAL ACTXVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Uhrq$trlct4d funds 2024 Total funds Notes XNCOME AND ENDOWMENTS FROM Charftabte artlvltles 350.367 321,152 Investmert Income 30,962 28,691 Yotal 381,329 349,843 EXPENDITURE ON Charltable attlvltles 276,046 273.750 Other 87rt87 93,651 Yotal 363.533 367,401 NET INCOMei(EXPENDmiRE) Other r8coonlsed 9altys/(losses) Galns on revaluation of fixed 8ssets 17.796 (17,558) 4,011 5,261 Net movom¢nt In funds 21,807 (12,297) RECONCIUATEON OF FUNDS Total funds bmught forward 972,176 984,473 TOTAL FUNDS CARRIED FORWARD 993,983 972.176 The notes fomi part of these flnandal statements Pagè 8
CHARITY OF ROGÉR REEDE BALANCE SHEET 31ST MARCH 2025 2025 Unrestrfrted funds 2024 Totsl funds Notes FIXED ASSETS Tanglble assets Investments 175.906 173.201 183,901 173,201 io 349,107 357,102 CURRENT ASSETS Debtors Investments Cash at bank li 12 3.930 501,193 146.967 3,148 478,300 140,537 652,090 621,985 CREDITORS Amounts falllng due wlthln ono ye¥r 13 (7,214) (6,911) NET CIPRRENT ASSErs 644.876 615,074 TOTAL ASSETS LESS CURRENT LIABXLIfIES 993,983 972,176 NET ASSETS 993,983 972,176 FUNDS Unrestrlcted funds 14 993,983 972.176 TOTAL FUNDS 993,983 972,176 The flnanclal statements were approved by the Board of Tntstees and author15ed for Issue on ,,IL.£2£..(..£,r..*Q,1P., and were slgned on Its behaw bv: The Ven. Mlchaei Po - Trnstee Thè notes fomi part of these flnanclal ststemènts Pa9e 9
CHARITY OF ROGER REEDE NOTES TO THE FINANCIAL STATEMeNTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Bas15 of preparlng the flnanclal stateménts The flnanclal statements of the chadty, whlch Is a publlc benefit entity under FR5 102, have been prepared In accordance with the CharftSes SORP (FRS 102} 'Atcountlng and Reportlng by Chatitles.. statement of Recommended Prdctlce appllcable to ¢harft4es preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland {FRS 102) {effectlve l January 2019),, Flnancl81 Reporting Standard 102 'Thè Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ereland, and the Chadtles Art 2011. The flnanclal statement5 have been prepared under the hlstorlcal cost ctsnventlon, wlth the exception of Investments whlch are Included at rnarf(et valu& Income All Income Is recognlsed In the Statwnent of Flnandal Artlvltles ono the chty ha5 entitlement to the funds, It Is probablè that the Income wlll be recelved and the amount can be measured rellably. Expendlturo Llabllltles are rQgnISed as expèndlture as soon as the Is a legal or construttlve obllgatlon commlttlng the chartty to that expendlture, It Is probable that a tran5f¢r of economk benefits wlll be requlred In settlement and IhÉ amotsnt of the obllgation tan be measured rellably. Expenditure Is accounted for on an accrua15 basls and has been das4fled under headlngs that aggrègate all cost related to the category. Where costs cannot be dlrectly ottrfbuted to partlcular headlngs they have been allocated to acilvitlB5 on ¥ b8sls conslstent wlth the use of resou$. Tanglble flxed assets Depreclatlon Is provlded at the followlng annual rate5 In order to wrlte off eath asset over Its estlmated use1 Ilfe. Freehold proparty 2% on cost Taxatlo The chartty15 exempt Irom tax on Its charltsble actbvltles. Fund accountlng Unrestrfcted funds can be used In accordano wlth the charltable objecllves at the (N5cretlon of the trustees. Restdrted funds can only be used for partlcular restFrcted purposes withln the objects of the thar4ty. Restrlctlons arfse when spedfled by the donor or when funds are ra15ed for partlcular restdcted purpL)ses. Further explanatlon of the nature and pyrpose of each fund Is Included In the notes to the financlal staternèrtts. Hlre pur¢hase artd leaslng ¢ommltm•nts Rentals pald under operatlng leases a charged to the Statement of Hnanctal Artlvlties on a stralght Ilne basis over the perlod of the lease. Page 10 conttttued...
CHA OF ROGER REEDE NOTES TO THE FINANCIAL STATEMENTS- tantlnued FOR THE YEAR ENDED 31ST MARCH 2025 CHARrrABLE ACTIvfriES 2025 2024 Contrlbutlon5 from almspeople Tumble drter reolpts Car parklng 345.573 3,160 1,634 316,956 2.771 1,425 350.367 321,152 INVESTMENT INCOME 2025 2024 5nvestment Income Deposlt attoufit Interest 7.951 23,OIL 6,281 22,410 30,962 28.691 CHARITAOLE AcfIvITIES Charltable &ctivlty costs 2025 2024 staff costs Repairs & upgrades of property Water rates Insurdntè Ught and heat Telephttne, post & statlonery Depredatlr 9.367 221,802 9,556 7.350 9,207 751 7,995 9.229 217.871 7.325 7,319 13.162 2,406 7.995 266,028 265.307 other tradSng actlvllle 2025 2024 Support costs 10,018 8,443 Aggregate artw)unts 276.046 273,750 Page 11 cantlnued,..
c11A OF ROGER REEDE NOTES TO THE FINANCIAL STATEMENTS contlthued FOR THE YEAR ENDED 31ST MARCH 2025 SUPPORT cosrs Govemance C05t5 Flnance Totals other tradlng actlvStles Other resoukres experbded 334 9,684 87,487 XO,018 87,487 334 97,171 97.505 TRUSTEES. REMUNERATION AND BENEFrrs Thece were no trustees, remunerntlon or other beneflts for the year ended 31st March 2025 nor for the year ended 31st March 2024. Trustees, penSeS There were no trustees. expenses pald for the year ended 315t Mar¢h Z025 nor for the year ended 31st March 2024. STAFF COSTS The average monthly number of employees durlng thE year was Nll {2024: NII). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlrte funds INCOME AND ENDOWMENTS FROM Charltable actlvltles 321,152 Investment Income 28,691 Totsl 349,843 EXPENDITURE ON Charftable activltles 273.750 Other 93,651 Total 367.401 NET XNCOME/(EXPENDrruRE) Other recognlsed galnsl(losse$) Galns on revaluatlon of fixed assets {17,5581 5,261 Nèt Movamont In funds {l2,2971 RECONCIUATION OF FUNDS Total funds brought forward 984,473 TOTAL FUNDS CARRIED FORWARD 972,176 Page 12 conilnued...
CHARITY OF ROGER REEDE NOTes TO THE FZNANCIAL STAYEMEI4TS- coDtlnuod FOR THE YEAR ENDED 31ST MARCH 2025 TANGIBLE FIXED ASSETS Freehold property COST At 1st Aprll 2024 and 31st Mard) 2025 399.766 DEPRECXATION At 1st Aprll 2024 Charye for year 215,865 7,995 At 31st March 2025 223.860 NEY BOOK VALUE At 315t March 2025 175,906 At 3L5t March 2024 183,901 Flxed assets are Insured for Insurance purposÈs for £7,023,694 10. fIXED ASSET INVESTMENTS Unmsted Snve5tment MARKET VALUE At 1st Aprll 2024 and 31st March 2025 173,20X NET BOOK VALUE At 31st March 2025 173.201 At 31st Marth 2024 173.201 There no Investment assets outsode the UK. XI. DEBTORS: AMOUNTS FALLING DUE wmizN ONE YEAR 2025 2024 Trade debtors Prepayments and accnjed Iorne t.020 2,128 3,930 3,930 3,148 12. CURRENT ASSET XNVESTMENTS 2025 2024 Unllsted Inve51ments 501,193 478,300 Page 13 ontlwed...
CHARfrY OF ROGER REEoe NOTES TO THE FINANCIAL STATEMENYS- contlnued FOR THE YEAR ENDED 31ST MARCH 2025 13. CREDrroRS: AMOUNTS FALLXN6 DUE WITHIN ONE YEAR 2025 2024 Trade credltors other credltors 746 6,165 7,214 7,214 6.911 14. MOVEMENT IN FUNDS Net movement In funds At 31.3.25 At 1.4.24 Unrestrlcted fund$ Generdl fltnd Property Equlty a¢¢ount Extraordlnary Repalrs fund Rellef In Need Fund 407,153 183,901 372,770 8,352 10,921 (7,995) X8,467 414 41&074 175,906 391,237 8,766 972,176 21,807 993,983 TOTAL FLINDS 972,176 21,807 993.983 Net movement In funds, Induded In the above are as follows: Incomlng resour5 Resource5 exnded Galns and losses Movement In funds Unrestrlrted funds General fund Prop21ty Equlty account Exlraordlnary Repatr5 lund Rellef In Nee(1 Fund 361448 1355,538) (7.995) 4,011 10,921 (7,995) 18,467 414 18,467 414 381,329 (363,533) 4,011 21,807 TOTAL FUNDS 3BI,329 (363,533) 4,011 21,80Y Comparatlv¢s for Movement In funds Net movement In fvnds Transfers between fvnds At 31.3.24 At 1.4.23 Vnrestrfctsd funds General fvnd Property Equlty account Extrdordlnary Repalrs fund General Repalr5 Fund Cydlcal Malntenance Fund 406,435 191,896 335.846 22,329 121,604) (7,995> 16.924 22,322 407,153 183,901 372,770 20,000 {22.329) 20,493 7,474 120.493) 500 Rellef In Need Fund 378 8.352 984,473 112,297} 972,176 TOTAL FUNDS 984,473 (12,297) 972,176 Paue 14 contlnued...
CHARITY OF ROGER REEDE NOTES TO THE FINAMcfAL STATEMENTS- contlnuad FOR THE YEAR ENDED 31ST MARCH 2025 14. MOVEMENT IN FUNDS - contlnued Comparatlve net movement In funds, Induded In the above are as follows: Incgmlng resources AesouKes expéndad GaFns and lossès Movement In lunds Unrestrl¢tod fvnds General fund Property Equlty ac(ount Extraordlnary Repalrs fund Rellef In Need Fund 332,541 1359,406) (7.995) 5,261 (21,6041 (7,995) 16,924 378 16.924 378 349,843 {367,4011 5,261 (12,2971 TOTAL FUNDS 349,843 {367,401) 5,261 (12,2971 A Current year 12 month5 and prfor year 12 month5 comblrked posltton Is as follows: Net movement In funds Transftrs between fijnds At 31.3.2S At 1.4.23 Unrestrlttéd funds General fund Property Equlty acount Extraordlnary Repalrs furbd General Repalrs Fund Cycllcal maIntenan Fund 406,435 191.896 335.846 22.329 (10,683) {15,990) 35,391 22,322 418,074 175,906 391,237 20,000 (22,329) 20,493 7,474 (20,493 } 500 Rellef In Need Fund 792 8,766 984,473 9,5LO 993,983 TOTAL FUNDS 984,473 9,510 993,983 A current yr 12 months and pdor year 12 months comblned net movèment In funds, kncSuded In the above are as follow5,, Incomlng resource5 Fiesources expÈnded Galn5 and losse5 Movement In funds Unrostrlct¢d funds General fund Propety Equlty account Extraordlnary Repairs fund Rellef In Need Fund 694,989 (714,944) {15,99LI) 9,272 (10,683) 115.990) 35,391 792 35,391 792 731,172 {730,934) 9,272 9,510 TOTAL FUNDS 731.172 {730.934) 9,272 9.510 Page 15 contlnued...
CHAIUTY OF ROGER REEDE NOTES TO THE FXNANCIAL STATEMENTS - contlnuad FOR THEYEAR ENDED 31ST MARCH 2025 IS. RELATED PARTY DISCLOSURES There were no relatsd party tiansartlons for the year ended 31$t March 2025. Page 16
CHARrrYoF ROGER REEDE DFfAILED STATEMENT OF FINANCXAL AcfxviTIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Unrestrlrted funds 2024 Total fvnds INCOME AND ENDOWMENTS Ch¥rftable arti¥ltles Conttlbutlons from alm5P8ople Tumble drter rècelpts Car p?rklng 345.573 5,160 1.634 316,956 2,771 1,425 350.367 321,152 Znvestment Income Investment Incon)e Dep051t account Interest 7,951 23.011 6,261 22,410 30.962 28,691 Total In¢omlng resources 381,329 349.843 EXPENDITURE Charltable actlvlty rosts site manager fees Repalrs & upgrades of property Water rJtes Insurance Ught and heat Telephonei Post & statlonery DepreCIaOn of tanglble flxed assets 9,367 221.802 9,556 7,350 9.207 751 7.995 9,229 217.871 7,325 7.319 13,162 2,406 7.995 266.028 265,307 Sypport costs Financo Bank charges 334 350 G(bvèrnan¢# costs Independent examlnaUon Sundrfeg Legal & profes51onal fee5 aerk's offl Call centre 3,524 5,759 2,760 79.800 5,328 3,216 4,877 2,400 75,600 15,651 97.171 101,744 Total resources expended 303,533 367,401 Net Income 17,796 117,55B) Thls page does not form part of the statsEtory financlal statemènts Page 17