THE CRAYFORD ECCLESIASTICAL CHARIT TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31SF DECEMBER 2024 Including: ANNIE PIM ALMSHOUSE CHARITY EDWARD RUSSELL STONEHAM THEODORE PIM ALMSHOUSE AUGMENTATION CIIARrrY REGISTRATION NUMBER208966 Bank: CAF Bank Ltd 25 Kings Hill Avenu¢ Kings Hill West Malling Kent ME19 4JQ Independent Examiner: SJQ)££qlQ)J VIog Accountants Gt roLA&vOrS op thor West Yfiltjtouse West ffilT (Dartfor(f gfrnt (DJI
ThE CRAYFORD ECQESIAsfIcAL CHARrrIES REGN 208966 The Annle Plm Trust comprfses three self-contslned slngle floor cottages known as the almshouses, and one house. The propertles are sltuated In Iron Mill Lane, craord, Kent DAI 4RN. "almshouses for the ag and deseNing poor belng members of the Establlshed thurch of England and residing in the sald Parth of Salnt Paullnus, Crayford and the adjolnlng Parfsh of Bexw. The tsustees let the house at a market renL the sUlUS from which is used to pay for the upkeep of the alrnshouses. Uverniores Estate Agents manage the properties on a day-to4ay basls for the trustets. In 2020 the chlmneys were made safe and the r(M)ts to the almshouses and house were replaced, the extertor renderlng was refurblshed together wlth the rdinwater goods at a totsl cost of £83,694. The house no. 7 was refijrblshed costing £25,433.50. In 2021 no. 9 was completdy refurblshed at a cost of £25,615. The almshouses had new front doors In 2023. The Theodore Plm Almshouse Augmentatlon fund was establlshed to assist with the upkeep of the Annle Plm almshouses. The Edward Russell Stoneham endowment fund was establlshed for the assistan of any respectable parfshloner Ixlng a member of the Church of England, ¢)n account of111 health or mlsfortune. The Emergency Repair Fund Is an Investment with the Charitles Officlal Investment Fund (COIF) for future repairs and there Is a cyclical malrtenan fund for routlne repalrs. Amounts transferred Into these reseNes were In line with the recommendatlons of the Natlonal Atmshouse Associatton. The trust deed states that the trustees should be the Incumbent of St Paullnus Church, Crayford and Its Church Wardens wlth d[ScreOn to appolnt others for their expertise. The trustees servlng In 2024 were Rev Paul Prenti (Chair), Davld Day Churth Warden (appointed 2017 for hls expertlse), Mtchael Onafijwa Church Warden. Co-opted to the commlttee: Mrs Carol Demuth (Honorary Treasur) The trustees are requlred under the Charltles kt 2011 to prepare finandal ststements for each financlal year whlch glve a true and falr vlew of the charlvs finandal actlvltFes durlng the year arKI of Its financlal posIon at the end of the year. In preparlng flnandal statements glvlng a twe and falr vlew, the tnJStees should follow best practlce and: (a) Selett suitsble accounttng pollcSes and app them consistently. (b) (c) Make suitsble judgements and estlmates that a reasonable and prudent. State whether appllcable accountlng standarts of recommended practFce have been fdlowed, subjert to any departures disdosed and explalned In the financlal statsments. (d) Prepare the firkHncial statements on a going conom basis unless it is Inapproprlate to presume that the charlty wlll contlnue in operatlon. The trustts are responslble for keeplng accountlng records, whlch enable them to dlsclose wlth reasonable accurary the financlal position of the charlty, and for ensuring that they compty wlth applicable law and regulatlons. They are also responslble for saftguarding the assets of the charfty and for tsklng reasonable steps for the preventSon and detection of fratKI and other IrregularIt$.
•t 31rt D•c•mb•r 2024 2,06&th) 0,225.IXI 2AII. 21.879.17 2,068.00 6.225.00 2,811.ts) 17,639.42 44,281. ,156, Btylan at bènk.. rrIfit Balano at bank.. 5,734.09 63,153.17 iO,OW.07 41,839.n 56 056,35 £ 93 212.89 £ 113 168.28 2.¢J68.IXI 6,225.IXI 2011. 21,879,17 11,297.85 2,068.tX) 6,225.C 2.811. 17,639.42 8,413.12 56 056.35 £ 93 212.89 £ 113 168.28 Rw Pjul Prenlke Djte
Crnylord Ecdeslastkal Charftles Ondudlng Annle Plm Alm•1Se and ER Stonthm) Charlty Reglsbth 208966 Ststsment ol Hnandal Actlvltl For the Year Ended 31# December 20 34,050.IY) 3465.(1 1,207.06 1,624.65 1,223.92 Interest refv 3,463.90 2,879.49 TufAL INCOMING RESOURCES 12,860.75 7,781.98 5,907.95 2,328.1)) 11574.00 19 9.95 Repalys & Maintenanctrrouune Repalrs & MalntenanctrrvJn routl TOTAL E%PENDrruRE 19,750.66 17,886.76 TRANSFER TO FUNDS (2W.CM)) {2,648.00) (4,239.75) (5,378.44) NEf MOVEMEKf IN FUNDS 12,830.91 9,860,32 GENER4L FUNDS BROUGHT FORWARD GENEK4L FUNDS CARRIED FORWARD 56 056.35 £ 68 887.26 £ 56 056.35
Craylord Ecdeslagtlcal Charldes Charlty Reglstratlon 208966 AccouiffxNG POLICIES 1.1 These ftnanaaS statements have been prepared under the historfcal cost convention and Indude the result of the charivs OPeraons, whlch are descrlbed In the Trustees, Report as In prevlous years. The finandal statements are prepared on a reipts and payments basis as In previous years which Is an oWon where the Inc£Nne Is less than É250,CM)O. 1.2 TangllA• flx4d aswts for use by the charfty. The orlglnal cost of the properties is not known and no value Is attrlbuted thereto. The Insuran Vall Is £981,358. All tsnglble flxed assets are held to benefit the charltr¢s benefiaarles. 1.3 The income from rents and Investments are shown gross. Incorne from the pwmanent endowments has been received In the perlod as stated In the accounts. 1.4 VAT Is not recoverabie by the charfty and as such Is Included In the relevant costs In the Statsment of Flnandal Acttvftles. The charlty does not pay tsx as It does not trade. 1,5 Management and admlnistratlon expendlture inclthles all expenditure not dlrectly related to the charItse tIvIty. Thts Includes costs of a managlng agenL and Independent examlner. The orfglnal cost Is not known and the value at 31 Defflber 1991 has been attrlbuted as base cosL BASE cosr At the beglnnlng and end of year MARKEf VALUE at 3151 December 2024 412.58 COIF Income shares @ £20.2933 (2023 £19.845) The above Investment Is In the name of Annle Plm and is a Pennanent Endowment Fund, whose IrKome may be used by the charlty. The orlginal cost Is rK)t known and the value at 31 December 1991 has been attrlbuted as base cost. BASE cosr At the beglnnSng and end of year MARKEf VALUE at 31st December 2024 1,242 COIF Income Shares @£20.2933 (2023 £19.845) The above invesbnent Is In the name of Theodore Pim Almshouse Upkeep and Is a Permanent Endowmen¢ the Income from lch Is Snvested In the charitys Extraordlnary Repalr Fund. The original cost Is not known and value at 31st December 1991 has been attrlbuted as base cost In keeping wlth the above. BASE cosr At the beglnnlng and end of year MARK VALUE at 31* [yember 2024 561 COIF Income Shares @ £20.2933 (2023 £19.845) The above Investment is In the name of ER Stoneham and Is a Pemianent Endowment Fund, whose Income may be used by the charlty.
18,tth.tVJ 224.77 fj7&65 1,223.92 1,3X 9J3.75 7.06 794.21 T¢ ure LOSia5 1.01%20 6.1419) L027ffjA ¢>5 & 8edrfca7 153.0) 267 fac¢) 42 )7.95 9)7.95 ¢VTrY •h13.12 2.880.00 204.73 $,714.71 p.oo 110.2C48 14S.YWg 5.714.71 2,14J. 201.73 224.2S 4f3.21 145.79 COIF CP• LFd t 17,139A2 122aO.g1 4.540.t)) OaOA4 S.37B.44 903.75 4.230.78 UIM79.17 T•il(qrt{Iw•••.1 &U) £33 ly72 11.1Q4.¢kn) 1.223.42 {1.223.921 1YM39.42 903.75 A13.f2 4.73 .W.35 93,212ts 2,3J2AO IB,&48.gf 21
THE CRAYFORD KCCLESIASTICAL CHARMES INDEPENDENT EXAMINER'S REPORT INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES OF THE CRAYFORD ECCLESIASIICAL CHARITIES This report on the fin101 slatements of THE CRAYFORD ECCLESIAsficAL CHAwnLS for th¢ year ended 31 De¢¢mber 2024. which are set on pages I to S is in respect of an examin&tion carried out in a¢ci)rdance with $145 of the CTrArfties Aa 2011 (the Act). Re•pe¢tfv¢ respondbMl¢le8 of th¢ trn#tee4 the A8 th¢ ¢harlty trust¢¢8 T#sponsibltfor the prepavatlon of the you considerthat the audit r¢quirunent of g¢£tion 144(2) of the Act does not apply and tht an indyndent examination Is needed. Bslg oTllldynd•nt eumloer'i report Our examinalion wa5 Lwri¢d out in a¢Cordon with the general dir¢ctions given by th¢ Charlty Commission. The examinatlon includes a revlew of the a¢eounting records k¢pt by the Charity and a comparison of the accoty presented with those records. It also includes COlderatIon of arty unus items ordisclosures in the tccounts and seeklng explan&tions from you as trustees concernln8 any such matters. The procedures Imdertaken do not provide all the evidenL% that would be requir in an audiL and conwuently we do not express an oudit opinion on the view 8iven by the accounts. Imd¢peRd•nt exaNINeI 8thtsm¢nt In enceO wlth ow exnlnattoN no matter has come to our attentlon; (l) whl¢h Ov¢s us Te&onable ¢ause te believe that in any matsrfal respect the requirements: to ke¢p ntIn8 re¢ords In a¢cordan¢e wlth sethion 130 of the Act: and to pware financial statem¢nts whkh accord with the a¢eourtÈn8 r&ords and eomply wlth the requirements of the Act: have not been me¢ or (2) lo which, in our Opinio 4ttenti¢)n should b¢ drm in orderto enabk a Proper undevstkndin8 of {3) which gives us reasonabk rAuse to believ¢ that in any material Tespe¢t the I¢nting rules of th¢ Charity's consti e nth been mrt. Gemm L F Sdl•r Dvl Trndl•K •.' Fknsbury Ltd Top Floor. W•rt Hlll Ho D•rtfo K••¢ DAI 2EiJ FCA ts: 2411 M•reh 20ts