REGISTERED CHARITY NUMBER: 206928 LANOISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
LANDISDALÉ AIMSHOUSE AND LNKNOWN DONOR CHARITY CONTENfs OF THE FINANCIAL STATEMENTS FOR THE YtAR ENDED 30 SEPTEMBER 2024 Page Report of the Trustees Indopendeni EMamlner'5 Report Statemehl of Flnanclal Att[vleS Bttlance Sheet Note5 to the Flnan¢lal Statements 7 to 16 Detailed Statement tsl Flnar*£lal A¢tfvltles 17
L4NDISDAIE ALMSHOUSE AND UNKNOWN DONOR CHAWTY REPORT OFTHE TrUSTEE5 FOR THE YEAA ENDEO 30 SEPTEMBER 2024 The Trustee5 present their report 8long with the financial statements of the charlty for the year ended 30 Septemb2r 2024. The trustees have adopted the provisions of the Statement of Recommended Practlce ISORPI Accountlng and Reporting by Charitles in preparln8 the annual report and flnanclal statement5 01 the charlty. The Ilnandal statements have been prepared In accordance wlth the accounfjng pollcles sei out In notes to the accounts on paEe$ 7 to g and tomply with the charlty's governlng document. the Ch8ritles Act 2011 and Accounting 8nd Reporting by Charities.. Statement of Recomrnended Practice appllcable to charitie5 weparlng thejr accounts In accordance wlth the Financlal Reportlng Standard applkable In the UK and Republlc of Ireland publlshed In Qctober 2019. oBJEIVEs AND ACflVITIE5 Oblectlves artd alms The Oblects of the Charlty are.. I, the provision of four almshouses for benefici8raes whose quallflcatlon shall bÈ 8 person In need either born in or resldent In th2 Parlsh of Danbury for not less than ten ye3rs 3t the date of thelr appolntment; 2, relief in need of persons resident in the Parish of Danbury in accordance with the followlng notingthat In applwng thè Income Df the ch8rlty for relief in need the Trvstees s11 not commit themselves to repeat or renew the rellef granted on any occaslon In any case-. The Trustees may relieve persons who are need, hardshlp or dlstfe5s bv.. & maklng grants of money to them,. or b. provldlng or paylng forgood5, 5ervlces or facilitles for them,. or c. Man grants of money to other persons of bodles who provide goods, service5 or f&clllties to those In need,. 3. such charltable purposes for the benefit of the residents as the T¥ustees decide. Appilcatlon of Income The net income shall be applled first to repaSr, Snsure and meet all other outgolngs in respect of the Charlty's propertles and 811 proper costs of the Charity's adminFstration and management. Thereafter the net Income 5h311 be applled In elther ol the followlng ways., l. for relief In need of persons in need, hardship or dlstress,. 2. for the benefit of the residents of the Charlty. Sl8nlfl¢8Mt octlvltles The Ch)rlty currently prOdeS four almshouse propertles and Its alm Is tg Utilise these as far pg55ible to meet the primary objective of the Charlty. Publlc beneflt These activities are consldered io be for the publlc benellt and In running the Charrfcy the Trustees have rE8ard for thÈ Charlty Commission guidance on public beneflt. ACHIEVEMENT AND PERFORMANCE Cha¥ltable activliies The Ttustee5 continLE to be concerned lor the wdlare of resldents and malntenance ol the exlstlng four almshouses. Alr drculatlon unSts were Iltted In two of the propertles that were sullering frorn damp and condensation problems. As thls h85 resolved the issue, plans are in ptace to flt these unlt5 to the other two alm5hou5e5. The CTTent residents seem settled and happy thelr homes. FINANCIAL REVIEW Flnanclal posltlon The Charlty'5 Ilnandal posltlon Is as set out In the 8alance Sheet on page 6 and is consldered satlsfactory.
LANDFSDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY REPORT OFTHETRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 FINANCIAL REVIEW Re5Erves PDIICV The Charlty's pollcy on reserve5 IS to maintain suffident reserves to enable the Charlty tD contlnue to achleve 5ts princlpal objecrlves. FUTURE PLANS The Trustees contlnue to engage wlth Danbury Parlsh Councll in formulatlng the Local Development Han lor Danbury which is now near completion. Trustees £ontlnue to set aside funds to enable the development ol up to 10 new almshouses as soon as the land Is apprDVEd for lJulldln8, STRUCTURE, GOVERNANCE AND MANAGÉMEMr Gover#ln8 dotument The Charity is BoverrEd in aEcord3nce a Scheme sealed bythe Charlty Ccvnmlsslon on 10 September 1986. Recruliment ahd 8M>olntment of newtrustee5 As vacan¢ies for Trustees arise èpplicatlons are sought from potentlal candldates known to the Trustees and other sultable local people. Appllcants are then consldered by the Trustees and appolntments made by resolution of the Trustees. OrganlsatFonal structure The day to day administration of the Cha¥ity is carried out by the Clerk who reports to the Trustees, Induct5 attd tralnln8 gf newtrustee5 New frustees are le1ed bythe Clerk and the exlsting Trusiees on the hlstory and èctivltles of the Charity. They are provlded wlth a copy of the Charity Comm15sion publIcaD The E5sentlal Trustee detailing ttEi¥ responsibilities and providlng gUIdae on being 8 Trustee, The new Trustee is provlded wlth 8 copy of the Charlty Scheme and the latest Independently examlned accounts and mlnutes. Related partle5 There are no other charltles related to The Landlsdale Almshouse Ond Unknown Donor Charfty, The Clerk to the Ch8rlty Is also Clerktc other almthcuse charltles. Rl$k monagement The tro5tee5 have a duty to Identlfy and revlew the $$ to whlch the charlty Is exposed and to ensure Appropylate controls are In place to pmvlde reasonable assurance agalnst liaud and error. REFERENCE AND ADMINISTrATIVE DETAILS Reg15lered Charlty number 21%928 Prlnclpal address clo Clare Heyes IS Newbrid8e Hlll West Ber8holt Colchester Essex C06 3ER
LAN015DALE ALThAS140USE AND UNKNOWN DONOR CHARITY REPORT OFTHÉ TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2024 TTU5tees R Faure Walker Dr J Sutcllff Iresrgned 27131241 MSA Cooper S Arthur5 R Speakm8n Ichalrmanl Mrs M Kelly lappolnted 61111241 Independent Examlner Simon Welling TC Group Accountants Town Wall House Balkerne Wlll Colchester Essex C03 3AD Bankers The Co-operatlve 8ank PO Box 250 Delf House Skelmer5dale WN8 6WT aerk to the Charltv MTS C Heyes 18 Newbrldge Hlll West Bttgholt Colche5ter Essex C06 3ER Approved by order of the board of trustee5 On. and 5iglled on Its behalf bv.. R5pe man- Trustee
INDEPENDENTEXAMINER 5 REPORT TO THE TRUSTEES OF LANOISDALÈ ALMSHOUSE AND iINKNOWN DONOR CHARITY Independent examlner's report tothe ttU5te£s of Land15dale Almshouse and Unknown Oonoy Charlty I report to the charity trustees on my examlnation of the accounts of Landi5dale Almshouse and Unknown Don Charlty (the Trust) for the year ended 30 September 2024. Responslbllliies Ènd basls of reptjrt As the charity trustees of the Trust YOU 8re responble for the preparatlon of the accounts In atcordance wlth the requliement5 01 the Charltle5 Act 20111'ihe A¢t'l. I report in re5ct of my examinatlon of the Trust's accounts carrled out under Sectlon 145 of the Act and in carryln8 out my examinatlon I have followed all applicable DirectloN glven by the Charity Commlssion under Sectlor> 14515llb of the Act. Independent Èmamlnels statement I have completed my ex8min8tlon. I conflrm that llo rnaterial matters have come to my attentlon In connectlon wlth the examlnation givlng me Eause to bdieve that In Ény material respect.. accountlTr8 records were not kept In respect of the Trust as requlred by SectlDn 130 of the Acl,. or the aCCDUnt5 do llot accord wth those records.. or the 8ccounts do not CDrnplywlth the applicable requlrements conceinlng the form content of accounts set out In the Charftles IAccount5 and Reports) Regulation5 2008 other than any requlrement that the accounts a true and farr vlewwhlch Is not a matter consldered as psrt of an Independent examination. I have Concerns and have come across no other matters In connection with the emInatIOn to which attention should be drawn In this repori In order to enable a proper understandln8 of the zccounts to be rehched. 51mon Welllng TC Group Accountant5 Town Wall House BRlkerne Hill Colchester Essex C03 3AD Date..
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARIIV STATEMENT OF FINANaAL AcnvinES FOR THE YEAR ENDED 3Q SEPTEMBER 2024 2024 Total funds 2023 Total funds Ljnrestricted fund Restrlcted funds Endowment fund Notes INCOME ANO ÈNDOWMENTS FROM charitab artlvltles n)shou5e 8ctivity 1È.273 28,273 26,563 Investment income 9,092 438 9,$30 7,681 Total 37,365 438 37,803 34,244 EXPENDITURE ON Charltable artlvltles mshouse activ1ty Danbury Churth Relief in need 19,403 12611 2QO 12611 19.142 219 200 25,566 261 200 Toial 219 19.561 18,023 219 18,242 8.217 Net galns on investments al12 6,523 2,503 15,528 NET iNCOME 49,645 6,742 58.890 23,745 Tran5f8rs between funds 14 6.359 41 400 Net movement In funds 56,004 6,783 13,8971 S890 23,745 RECONCILIATION OF FUNDS Total funds brot*ght forward 318,081 52,051 IB3,766 SS3.898 530,153 TOTAL FUND5 fAIIRIED FORWARD 374,085 58,834 179,869 612.788 553,898 CONTINUING OPERATICWS l income and expendlture has arlsen frorn contlnulng actlvfcles. The notes form part of these financial staternent5
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY BALANCE SHEET 30SEPTEMBER 2024 2024 Tolal fund5 2023 Total funds Unrestricted fund Restrlcted funds Endowment fund Notes IXED ASSETS Tangible assets Investments Investments Investment property 82,975 82,975 89,37S io li 302,653 57,794 39,394 57,500 399,841 57,$00 3S9,193 57,SOO 302,653 57,794 179,869 540.316 506,068 curiR£WT ASSETS Oebtor5 Cash at bank 12 1,789 72,528 1,789 1,781 48,718 1,040 74,317 75,357 SO,499 CREDITORS Amounts falllng due wlthtrn one year 13 12,8851 12,8851 12.6691 NET CURRENT ASSETS 71A32 I,Q4D 72,472 47,830 TOTAL ASSETS LESS CURRENT LIAgILITIES 374,085 58,834 179,869 612,788 553,898 A55ETS 374 085 58,834 179,869 611788 553,898 FUNDS Unrestricted funds Restricted funds Endowment funds 14 374,085 S8,834 179,869 318,081 S2,1 183,766 TOTAL FUNDS 612,788 553,898 The flnancial statements were approved by the Board of T¥ustees and author15ed for Issue on ¥..L :,.A.:.4.*.2.%.... ... and were slgnEd on its behalf by.. R Spea man- Trustee A Cooper- Trustee The note5 form part of these Ilnanc181 statements
LANDISDALE AIMSHOU5E AND UhlKNOWN DONOR CHARITY NOTES TOTHE FINANCIALSTAYÉMENTS FOR THE YEAR ENDED 30SEPTEMBER 1024 ACCOUNTING POLICIES Bas1$ ol preparlnB the fSnanclal statements The financial statements of the charlty, whlch Is a publlc benefit entity under FRS 102, have been prepared In accordance wlth the Charities SORP IFRS 1021 'Accountlng and Reportlng by Charities.. Statement of Recommended Pracdce appllcable to charitles FKeparing their accaunts In accordance wlth the Financlal Reportin£ Standard appllcable in the UK and Republic ol Ireland IFRS 1021 leffectlve I january 20191,, Flnanci Reporting Standzrd 102 'The Flnanclal ReportinE Standard appli£able in the UK aTrJ Republic of Ireland, and the Charltles Act 2011. Theflwnclal statements have been prep3red underthe hlstt*lt81 tost convention, with the excepuon ol Investmentswhkh 8re Included at market value, zs modS1ied by the revaluatlon of certaln assets. Fund ac¢ountlng Unrestricted funds tan used In accord8rKe with the £haritable objectives at the dtscretlon of the trustees. Desi8nated funds are unrestrlcted funrts of the chBrlty whlch the trustees have decided at thelr dSscretlon to set aslde to use for è specific purpose, Restrirted funds can only be used for partlcular restrlcted purposes wthin the obje£t5 of the charltv. Restrictions arise when specifled bythe donor or when funds are ralsed for parlcular restrlcted purposes. Permathent endowment funds are non-eKpendablefund5 wNch ate normally held Indelinltely. Further explanatlon of the nature and purpose of e8ch fund Is Included Ir4 the notes to the flnanc181 statements. Going concern The accounts are prepared on a goin£ concern basls as there &re no matsrlal uncertaintle5 about the Charlty's abllliy to conrinue. Income All income is recognised In the StateFnEnt of Flnanclal ActIvleS once the ¢harlty has entltlement to the fund5, it15 pfDbable that the Incame wlll be received and the amount can be measured rellably. Income from government and other 8rants, whether 'capltal' grants or 'revenue' grBnts, Is retognlsed when the Charity ha5 entitlement to the funds. èny perform8nce condltlons att3ched to the grants have been met, It is probable that the Income w(11 be recelved and the amount can be measured re113bly and Is not deferred. For leg3cles, entitlement Is taken as the earller of the date on whlch elther.. the tharty Is aware that prob3te has been granted, the estate has been Inali5ed and notific3t1 ha5 been made by the executtsrlsl to the Charitythat a dlstributlon will be made. or when a distritMJtion is received from the estate. Donations and other voluntary inccrne are reflected In the accounts for the perlod In whlch they are recelved. Donat105 in klnd are recognlsed by the th3rlty when recelved except in the case of services provided free or undervalue by voluntayy staff or orhers whSch are not reflected In the accounts. Interest recelvable Interest or4 funds held on dep051t Is Included when recelvablÈ and the amount can be measured rellably by the CharSty,' thls Is norm811y upon not[fitIOn ol the interest pald or payable by th2 Bank.
LANDISDAiE ALMSHCIJSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIALSTATEMENTS- cgnthued FOR THE YEAR ENDED 30SEPTEMBER 2024 ACCOUNnNG POLICIES- contknued Expendure Llabflltles are recognised as expendlture as soon as there Is a legal or constructlve obllgation committlne the charity to that expendlture, it Is probable that a transfer ol ECornIC benefit5 wlll be Yequired in settlement and the amount of the obligation c8n be measured rellably. Expendlture Is accounted for on an atcruals basls and ha5 been classlfled under headin8S that 8ggre8ate all c05t related to the cztegory. Where costs cannot be dlre¢tly attrlbuted to paytlcular headinBS they have been allocated tts attltIeS on a basls consistent wth the us2 of resources, Repalr5 and malntenance of propertles The charge In the Statement of Fln2nc181 Actlvltles In respect of Extraordlrtary Repalrs rellect the Trustees, constant concern to keep the propertles in good condtion, and are in 8CtordarKe wlth the Almshouse Associat¢on5' recomrnendatlDn that m$hoUse a)arltSes should set aside each year speclflc sums in thls respect. fran5fer5 are made fnim the Accumukted Fund ¢a¢h year to ihe ExrraordSnary Repalr Fund to cover extraordin3ry rep8lr5 as they arlse. Support ¢o$ts The tharlty'5 SUPPOrt costs are allocated entlrely to the Almshouse Cost5 slnce support Costs relatlng to orher actSbities Bre consldered Immaterlal. Grants Grants t>ffered sublect tQ CDndltlons whlch have nDt been met at the year end date are noted as commitment but not accrued as eypendlture. Tan¥lble flxed assets Houskng propertles The hous1 propertles represent the cost of Irnwovements to the four freehold almshouses at Main Road, Danbury, Ex. The ori8lnal cost Of these prDpertles cannot now be ascertained. Depreciatlon The houslng propèrtles are depreclated on the stralght line method at a rate lCulated to wrlte off the asset over Its estimated trselvl Ilfe. The rate used for the improvements to the a1rn5house5 at 45 and 47 Main Road Is 2% per annum and the rate Used forthe Improvements to the almshouses Bt 49 and 51 Maln Road Is 5% per annum. Inve5tmenls Irwe5tmentS are show on the Balance Sheet at thelr market value. Chanees In market values durinB an accounting perlod are relletted In the accounts as unreallsed 8alns or losses. Upon disposal of an investment the difference between orlginal cost and dISpLal proceeds Is reflected In the Statement of Flr&ncial Actlvltles as a re3115ed 83in or 105s and an adjustment Is m8de to unrealtsed gains or losses to reverse uNeallsed movements In value In earlier year& Investment Propertles ITEvestrnent propertle5 are measured at fair value at each aceDuntlng perlcKI end wlth thangES In falr value reco8nised as unreallsed investment 6alns ¢N Losses In the StstemMt of Flnanclal ts£tlviries. Debtois Contributions and other debtors are recognlsed at the settlement 3mount due. Prepayments are valued at the amount prepald net ol any trade dlscounts due.
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTE5 TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUhlTING POLICIE5- contknued Cash at bank and In hand Cash at bank and cash In hand includes cash and short term highly liquid inve5tment5 wlth a short maturlty of three month5 or less from the date of acqulsttlon ar openln8 of thÈ deposit Dr slmllar actount. edltors and provlslons Credltors and provlslons are recrpdnlsed where the Charlty has a present obligatlon resulting from a past event that will probably result in the tran51ei of fund5 to a thlrd party Ind the amount due to settle the obllgation can be measured or estim8ted rellaNy. Credltors and provlslons are normally recognlsed at thelr settlEment amount afte¥ allowlngfor any trade dlscounts due, Taxètlon The chirlty Is exempt frorn tax on Its charItae actlvltlES. INVESTMENT INCOME 2024 2023 5 acre field rent receivable Allotment rEnt recdvable Dlvldends recelvable CQIF deposit account interest 4SO 390 391 2,299 450 485 5,593 1,153 9,530 7,681 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Alm5hou5e BCtiVIty Contrlbutitsns receivable 2B,273 26,563 CHARITABLÉ AcfiviTIES COSTS Dtrect Costs (see note 51 Grant funding of Support costs (see note 61 Totals Almshouse actlvlty Danbury Church Rellef in need 16,043 19,142 219 200 219 200 16,243 119
LANDISDALE ALMSHOUSE AND UNXNOWN DONOR CHARITY NOTES TO THE FINAWCIALSTATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 DIRECT COSTS OF CHAR ABLE ACTIVITIES 2024 2023 Water charges Insurance Repalr5 and malnlenancE Extraordlnary repalrs Sundry expenses Llepleciètlon 1,726 1.365 1,940 4,572 240 6,400 1,149 1,297 2,150 11.599 240 6,400 16,243 22.835 SUPPORT COSTS GDVernce costs MaJagement Totals Almshouse actlv4ty 2,067 1,032 3,099 Support tosts. included in the above, are as follows., 2014 Almshouse actlv4ty 2023 Total aerkfee5 subscriptions Independent e¥arn5nation fees A¢¢ountawy lees 1,800 267 178 854 1,800 153 169 809 3,099 2,931 TRUSTEES, REMUN£RATfoN AND BENEFITS There were na trustees, remuneration or other benellts for the year ended 30September 2024 nor for the year ended 30 September 2023. Tru5tee5' eMpense5 There were no trustee5' expenses patd for the year ended 3Q September 2024 nor for the year ended 30 SeptÈmbèr 2023. -io-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR C+IARITY NOTES TO THE FINANCIALSTATEMES- ¢ontlnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 ClPaATIVES FOR THE STATEMENT OF FINANaAL AcnwnES Ullrestricted fund Restricted fund5 Endowment fynd Total funds INCOME AND ENDOWMENTS FROM charltable actlvllles Almshouse actlvlty 26,563 26,563 Investment income 7,159 522 7,681 Total 33,722 522 34.244 EXPENDITURE ON Charltable aclSvlties Almshouse actlvlty Danbury Church Rgllef In need 25,305 261 200 261 25,566 261 200 Total 25,766 261 26.027 7,956 261 8,217 Net galns on investments 2,084 252 NET INCOME 21,148 2,345 252 23,745 Transfer5 between frjnds 6.401 Net movement In fund5 27,549 2,344 16,1481 23,745 RECONCILIATION OF FUNDS Total funds brought forward 290.532 49,707 189,914 530,153 TOTAL FUNDS CARRIED FORWARD 318,081 52,05 183,766 553,898 .11.
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTESTO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEM8ER 2024 TANGIBLE FIXED ASSETS Freehold property COST At l October 2023 and 30 September 2024 182,443 DEPRECIATION At l October 2023 ChÈr8e for year 93,068 6,400 At 30 September 2024 NEf BOOI( VALUE At 30 September 2024 82,975 At 30 Septembe¥ 2023 89,375 FIXED ASSET INVESTMENTS Llsted Investment5 MARKETVALUE At l October 2023 Revaluatlons 359,193 40,648 At 30 Septernber 2024 399,841 NET BOOK VALUE At 30 Septembe¥ 2024 399,841 At 30 September 2023 359,193 There were no Investment assets outslde the UK. The ariglnal c05t of the Ilsted Inve5trnentS 15 unknown. -12-
LANDISDALE ALMSHOUSE AND UNXNOWN DONOR CHARI NOTESTO THE FINANCIAL STATEMENTS. ¢tInUed FOR THE YEAA ENDED 305EPTEMBER 2024 ii. INVESTMENT PROPERTY FAIR VALUE At l October 2D23 and 30 September 2024 S7,$1 BOOKVALUE At 30 September 2024 S7,51Th) At 30 September 2023 57,500 The origlnal cost of the Investment properties, whlch present 5 &cfe field and 3llotments, is unkmwn. The carrying value ol the Investment propertle5 was revalued as at 30 September 2022 beSng an estimatton as 8greÈd by the LK)ard Df trusteES. 12. DEBTIJ¢S: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Contrlbutlons In arrears other debtor5 Prep3yrnents and accrued Income 261 295 189 1,297 1,339 1,789 1,781 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Contrlbution5 recVed In advance Other credltors Accruals and deferred income 772 219 704 332 1,633 2,885 -13-
DISDALE ALMSHOUSE AND LhYKNOWN DONOR CHARITY NOTESTO THE FINANCIAI STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBEA 2024 MOVEMENT IN FUNDS Net rnovernent In funds Tiansfers between funds At 1.10.23 At 30.9,24 Unrestrltted ndS AccumulateLI Fund 318,081 49,645 6,359 374,085 RÉstrlcled funds Extraordlnary Repalr Fnd tandisdale Charity Restricted Fund siosi 6,523 219 260 $8,834 52.OSI 6,742 41 58,834 Endowment lun Permanent Endowment 183,766 2,503 16,4QDI 179,869 TOTAL FUNDS 553,898 58,890 612,788 Net movement In funds, Included In the above are as follows.. Incomln8 fesovrces Resources expended Galn5 and losses MovÈment in funds Unreslrlrted funds Accvmulated Fund 37.365 119,3421 31,622 49,645 Restilcied tund$ Extraordlnary Repalr Fund Landisdale Charity Restricted Fund 6,523 6.523 219 438 438 12191 6,523 6,742 Endowment lund5 Permanent Endowment 2,503 2,503 TOTALFUNDS 37,803 119,5611 40,648 58,890 -14-
LANDLSDALE AIMSHOUSE AND UNKNOWN DONOR CHARI NOTESTO THE FINANCIALSTATÉMENYS- ¢antlnued FOR THE YEAR ENDED 30SEPTEM8ER 2024 14. MOVEMENT IN FUNDS- eontlnued Comparativesfor Movement In funds Net movement In funds Transfers between lund5 At 1.10.22 At 30.9.23 Unrestrlrted fund$ Accumulated Fund 290,532 21,148 6,401 318,081 Reslrfcted funds Extraordln¥y Repalr Fund Landisdale Ch3rlty Restrlcted Fund 49,707 2.084 261 260 52,051 49,707 2,345 52,051 Éndowment funds Pe¥manent Endowment 189,914 2S2 16,4001 183,766 TOTAL FUNDS 530,153 23,745 553,898 Comparative net movement in funds. Included in the above are as follows.. IncDmlng resources Resources expended Galns and 105ses Movement In funds Unrestrlcted fund5 Accumulated Fund 33,722 125,7561 13.192 21,148 Restrlcted funds Extraordinary Repalr Fund Landlsdale Charlty Restricted Fnd 2,084 2.084 261 522 12611 522 12611 2,084 2.345 Endowment fvnds Permanent Endowment 252 252 TOTAL FUNDS 34,244 126,0271 15,528 23,745 .15-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2024 MOVENENT IN FUNDS. contlnued Funds and Ye5erves Pem1anent Endowment Fnd The Permanent Endowment Fund represents the Charity's houslng properties 8nd the Permanent Endowment Investments. The Fund Is nor expendable wlth Income from its Investments ovallable lor the 8ener81 purposes of the Charlty, Capital growth in the investments is added to the FL¢nd. A transfer is maile to or from thE Fund equal to the movement on the hDusln8 pr(we¥tle5 each year. Landlsd8le Ch8rlty Restrl¢ted Fund The Chartty is entitled to ye1ve one half of the Income Irorll the allDtments and from certaln inwe5tments. the other half belng pald to Danbury Church. The charity's Share of the Income is available for the general purposes of the Charltyand Is transferred to the Accumulated Fund. Extraordlnary Repalr Fund The E¥traordlnary Repalr Fund Is unrestrlcled but degnated by the Trustees to cover t c05t of extr8ordinary repalrs as they arise. A transfer Is made from the Accumulated Fund each ye3r to the Extraordinary Repair Fund to cover emtraordlnary repairs as they arlse, The transfer Is £260 per annum as requlred by the Charlty Scheme. The Fund Is speclficably Invested. Incorne and capital growth on these Investments Is added to the Fund. Accumulated Fund The balan on this Fund rewesents accum¥lated surpluse5 01 the Charity and Is available for the general purpDses of the Charlty. 15. RELATEO PARTY DISCLOSURE5 The S acle Ileld Is let at a market rent of £450 per annum to a buslness In whkh Mr R Speakrnary a trustee. has an interest. -lG-
LANDISDALE AtMSHOIJSE AND UNKNOWN DONOR CHARITY DETAILED STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 30SEPTEMYER 2024 2024 2023 INCOME AND ENDOWMENYS Investment income 5 acre field rent receivable Allotment rent receivable Dlvldends receivable COIF deposst account Interest 450 390 6,391 2,299 450 5.S93 1.153 9,530 7,681 tharable artlvltle$ Contrlbutlons recelvable 28,273 26.563 Total Incomlns resouYce$ 37,803 34.244 EXPÉNDITURE Charilable a¢tlvltles WètÈr ch8rges Insurance Repalrs and m3intenance Extraordlfiory rep3ir5 Sundry expenses Freehold propertv Donatlon to Oanbury 07urch 1,?26 1,365 1,940 4,S72 240 5,400 219 1.149 1,297 2.15D 11,599 240 6,400 261 16,462 23,096 Support ttssts Management Clerk lees bscrlpUon5 1.800 267 1,800 153 2.067 1,953 Go¥ernan¢e ¢o$t$ IndetEndent examination fees Accountancy fees 178 854 169 1.032 978 Totsl re50urce5 expended 26,027 Net Income 8,217 This page does not fomi part of the statutory ff nanclal statements -17-