REGISTERED CHARITY NUMBER: 209301
TRUSTEES. REPORT AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
DAVID HENRY WARING HOME TRUST
LEES
Chartered Certified Accountants
Ingram House
Meridian Way
Norwich
Norfolk
NR7 OTA

DAVID HENRY WARING HOME TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Trustees. Report
Indopondent Examinerfs Report
Statement of Flnancial Activtties
Balance Sheet
Notes to tho Financial Statements
9 to 13
Detailed Statement of Flnancial A¢tivitie$
14

DAVID HENRY WARING HOME TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The
trustees have adopted the prowsions of Accounting and Reporting by Charities.. Slalemenl of Recommended Prad
applicable to charitie5 preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the
UK and Republic of Ireland IFRS 1021 (effective 1 January 20191
OBJECTIVES AND ACTIVITIES
In 5etts.ng their objedives and planning their aclivilies. the Directors of the Trustee Company have given careful
consideration to the Charity Commission's guidan￿ on public benefit.
The objectives ol the Directors are lo maintain and administer the Charity and ts almshouses, which Pfovide housing for
the benefit of those with limited means.
The almshouses, known as Dawd Henry Waring Home. are situated al David Henry Waring CourL Staines Road,
Bedfonl. Middlesex, M14 8PE and consists of 8 units of 1 bedroom flats and extensive and attractive communal
Spa￿S including a lounge, library and kitchen. In addition there is a 2 bedroom bungalow on the estste. The estate
benefits from a large and attractive garden with many established trees.
The Directors intentions are lo provide comfortable and affordable accommodabon in a relaxed enwronment for the
benefi￿alle5 and all their efforts are concentrated in this directs"on. The Directors appreoate that creating a sustainable
scheme that meets with their objectives. could tske several years and that temporary alternatsve uses for the sile may
ne￿SSary in the short lemi lo ensure the Charity remain5 viable and the sile available for social housing
development.
ACHIEVEMENTS AND PERFORMANCE
Corporate irusteeship of David Henry Waring Home was taken over from the London Borough ol Hounslow on 24th July
2019 One member of staff joined the charity under TUPE 8rrangemenls, but has since left the Charity's employment
following iedundancy.
All of the 8 flats are located in a large, converted Victorian house with an extension built in the 1980's. Owing lo the
annual losses the Charity has been sustaining the Board look the decision to deeant the ￿MainIng residents in
process that was cornpleted in March 2025. All residents were rehoused in accommodats.on owned by the corporate
trustee. in estates local lo Oavid Henry Waring. There was one exception who was housed by another almshouse
charity bul also local to David Henry Waring. In addition to stemming financial losses, the decision lo decant was made
to allow an either pemanent or temporary reconfiguration to pro￿ed without hindrance. The Regulator of Soctal
Housing was made aware of the Charity'5 decision.
The bungalow Ilodgel which was at one time accommodation for the gardener has been let al a commercial rent with
the approval of the Charity Commission.
Until the decant exercise was completed, Directors undertook weekly meetings wth residents, attending coffee
momings. The meeb.ngs have proved a useftjl way lo engage residents about the Charity's future plan5 (see below).
During the year the tsvo directors resigned, and tharity appointed new Directors as repl8￿mentS.
The Charity has a very proactive approach lo safeguarding and there were no safeguarding COn￿rnS during the year.
The Charity hoK%s a bank account with the Charibes Aid Foundab'on ICAF Bank).
Page 1

DAVID HENRY WARING HOME TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
The charity came into the control of The Charity of Elizabeth Jane Jones Trustee Ltd. in July 2019 from the previous
trustees, Hounslow Borough Council.
The Directors recognise that thè scheme at present with Ihe potential maximum of only 8 flats and one bungalow let
commercially, is not financially viable.
The Charity has incurred considerable expense in design costs and obtaining planning pemiission to build a new block
of flats to replace 20 bedsit unrts, deemed in 2018 to be no longer suitable for accommodation. The charity re￿iVed
notification in July 2023 that the scheme submrtted in 2020 was considered approvable subject to legal agreements with
the planning authorities
Disappointingly, the continued inflaty'on in building costs and sustained high interest rates has Meant that the scheme
costs had escalated so the Current scheme of 31 flats was no longer financially viable, even with generous grants
available for social housing.
ilst it is not possible at the present b.me lo commence development 15ee below) these pre-spend costs of £524K
(shown as restricted funds in debtors in the balan￿ sheet) we believe these will be utilised in the scheme as designed
or a sirnilar project.
As discussed below and as predicted previously the charity has utilised all cash available to it due to the ongoing costs
being approximately ￿lce the income from aight flats.
The Charity has sought extemal income and through a coll8boralion with another charity has secured approximately
£25k pa.
Reserves policy
The charity aims to hold reserves to secure its future and allow for conb'ngencies and risk5 in its operation.
The Charity holds investrnents wlth Blac#rod( and CCLA. of £5.8K and £82.8K respectively, totalling £88.6K. The fomer
is intended as a long-temi raseNe for capital expenditure and the latter a short-lem reserve.
The charity holds an investrnent property Ilodgel valued al £401M50K in 2025
The charity holds a loan from EJJ Charity within the same wrpofate trustee of £163K repayable on demand, and shown
in accounts as other creditOTS.
The charity held £40.4K in the bank.
The cash reserves of the charity are the￿rore zero and cash flow is maintained by the loan made available through loan
by EJJ which is repayable on demand
The Charity recognises that the Current cash flow situation musl be addressed, to provide a more Secu￿ financial
position and has agreed to liquidate assets hekl in investment funds and investment assets to address this situation
subject lo approvals being gained to a51ow reserves to be available to accommodate conb'ngenaes and risks in its future
operation.
The exhausts'on of cash reserves as Pfedicted tefore the charity took resFKJnsibility for David Henry Waring Home has
required that the charity take significant steps to prevent fijrther erosion of the financial viability of the charity (see ftjlure
plans).
Staff
No staff were employed as at the er￿ of tho finanoal year.
Page 2

DAVID HENRY WARING HOME TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
FUTURE PLANS
Due lo the continued non viability of the site in its current fomiat of 8 ftats, the future plans are ￿nIred of identifying a
finanoally viable opportunity for the ¢harity. and work has been ongoing to identify these.
It is critical lo the Charity's long-terrn ￿tUre that a financially wable foffnal for the charity is identified whether by uts'lising
the planning permission to develop 31 new flats secured in July 2023. by improving viability of the currenuy approved
s¢herne, or by adopting another formal which is financially viable.
The Charity is exploring a range of options to ensure the Charivs viability and longer-tem viability and availability of the
sile for charitable purposes. Given the current 511uatson this may need lo include some commer￿al letting options of the
srte Of parts of it in the interim period. whilst planning approval is sought for a Mable scheme considering Cu￿nt building
costs and interest rates_ .The charity continues to work with local govemmenL planning authorities and other key
stakeholders so that a suitable solution is found.
th the building now empty costs of running the estate have been dramatically reduced. With the additional income the
Charity has secured the Board are confident that the Charity will remain financially viable while a long-term solution for
its ￿tUre is found.
Events following year End
Due to the financial challenges outlined cleady above the board of the charity made the difficult decision lo suspend
operation of the tharity in its current forynat of eight flats used for almshouses. This decision was made following
consideration of the finan¢ial situation of the charity and the needs of the ￿sidents. As ouuined above decanb'ng of the
residents was completed by the end of ihe financial year.
Page 3

DAVID HENRY WARING HOME TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Under the agreement to transfer the Corporate Tnjsleeship to the Charity of Elizabeth Jane Jones Trustee Ltd, three
fomier trustees ol David Henry Waring Home joined the Board of Directors al the AGM in October 2019, bringing the
total number of Directors lo eleven.
The Board ol D1￿ctOrS of the Corporate Trustee shall consist ol at least six, and no more than fourteen, competent
persons. New directors are appointed by a re501uts.on of the board for a tem of three years. Director5 may seek
re-appoinknent after their temi of office expl￿8 and serve up lo 9 year5 in total.
At bi-rnonthly board meetings, the Board agrees the broad strategy and major policy decisions of the Chanty induding
Consideration ol investment policy. reserves policy and risk management.
Day to day management is undertaken by the Chief Executive and staff of the Charity of Elizabeth Jane Jones assisted
by the member of staff based at David Henry Waring Home. The Charity has five sub committees listed below
'Operab'ons and Maintenance
'Exlernal Relations
'Finance Investment and Audit
"Beneficiary Admissions and Review
"Nominating Recfuitment and Govemance
The major rTsks, to which the Charity is exposed, as identified by the Directors, are regularty monitored and periodically
reviewed. Steps have been taken to estsblish system5 2nd procedures to mitigate these risks. Key amongst these risk5
15 the financial wability ol the site and ability to obtsin permission for a development lo be financially Viab￿ and meet
strict plannin9 constraints relatsng to the Grade11 listing of the propety in a conservabon area.
The Board keeps its skill requirements under review and, in the event that a Director perrnanently reb.res or additional
Directors are required, the Board of Directors acts.vely seek to ￿¢njit suitable persons to maintain or improve the overall
standard of expertsse required to run the Charity effectively.
The induction process tor any newly appointed Directots comprises attendance at least one Board Meetsng as an
observer, an inib'al meeting with the Chair and CEO. There follows a series ol short meel.ngs with the CEO with
discussions on investments. and the powers and responsibilities of the Trustee Company Baard and the Sub
Committees.
The welcome pack includes a brtef history of the Charity. copy Board and Sub Committee Minutes. a copy of the last
three years of Annual Reports and Accounts. a copy ol the goveming trust deed and a copy. of the Charity Commission's
gUIdan￿'The Essential Trustee.. What You Nee(J To Know,.
The Charity is an active member ol following bodies".
' The Almshouse Association
The National Housing Federation
' The G320 group of smaller London based housing assouations
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
209301
Principal address
Staines Road
Fellham
TVV14 8PE
Page 4

DAVID HENRY WARING HOME TRUST
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
THE TRUSTEE
The charity is served by the Cofporate Trustee.. Elizabeth Jane Jones Trustee Limited.
The Director5 of Elizabeth Jane Jones Trustee Llmited
The Directors who served the Corporate Trustee during the period We￿ as follows'.-
Mr A V Groves IChaim)anl
MrCJGage
Mrs S Alderson
Mrs A Gupta
Revd P J Smith
Mrs A T Mccreadie
Mrs S Brewerton
Mr O l Harvey
MrTJAWright
Mr B F Marken
Mr P Kingsmore
Mr R Sutton-mattocks (appointed 22 January 2025}
Mr N B Brown lappoinled 26 March 20251
Mrs K E Mills (resigned 28 October 2024)
Mrs C F Mays Iresigned 09 May 20251
Mr W R Jinks (resigned 22 July 20241
Clerk
Mr N Lucas
Independent Examiner
Anthony Brain FCA
LEES
Chartered Certified Accountants
Ingram House
Meridian Way
Norwich
Norfolk
NR7 OTA
Bankers
CAF Bank
25 Kings Hill Avenue
Wesl Malling
Kent
ME19 4JQ
Solicitors
Bircham Dyson Bell
50 Broathay
London
SW1 OBL
Chartered surveyors
Sneller Commercial
Bridge House
74 Broad Street
Teddington
TW118QT
Approved by orderof theboard oftwslees on.,.,.............................
2 01.4nd signed on its behalf by..
A V Groves- Truste
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DAVID HENRY WARING HOME TRUST
Independent examiner's report to the trustees of Davld Henry Warlng Home Trust
I report to the charity trustees on my examinats.on of the accounts of David Henry Waring Home Trust Ithe Trust) for the
year ended 31 March 2025.
Responsiblllties and basls of report
As the charity trustees of the Trust you are respx)n5ible for the preparation of the accounts in accordance with the
requirement5 of the Charities Act 20111.the Arfl
I report in respect ol my examination of the Trust's accounts carried out under Section 145 of the Act and in carying out
my examinats.on I have followed all applicable Directions given by the Charity Cornmission under Section 145(5llbl of
thé Act
Independent examlnerfs ststement
I have completed my examinats"on. I confirrn that no malellal matters have come lo my attention in connection with the
examination gimng me cause to believe that in any material respecL'
accounting records were not kept in ￿spect of the Trust as required by Section 130 ofthe Act., or
the accounts do not accord wiltt those records.. or
the accounts do not cornply with the applicabSe requirements con￿mIng the fomi and content of accounts Sel
out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give
a true and fair view which is not a matter considered a5 part of an independent examinats"on.
I have no Con￿rn5 and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the account5 to be ￿aChed.
Antho
rain FCA
LEES
Chartered Certified Ac￿untants
Ingram House
Meridian Way
Notwich
Norfolk
NR7 OTA
Dale.
Page 6

DAVID HENRY WARING HOME TRUST
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
fijnds
2024
Total
funds
Unrestricted
fund
Restricted
ftjnds
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
Weekly maintenance charges
54,247
54.247
49.977
Investment income
60,652
60,652
17,267
Totsl
114,899
114,899
67,244
EXPENDITURE ON
Charitable activities
Charitable Activities
100.524
100,524
127,019
Other
31.848
31.848
9,856
Total
132,372
132,372
136,875
Nel gains on investrnents
3,882
3,882
3,845
NET INCOMEIIEXPENDITURE)
Transfers between funds
117,4731
57,531
3,882
{57,5311
{13,5911
165.786}
11
Net movement Sn funds
40,058
153,6491
113.5911
165,7861
RECONCILIATION OF FUNDS
Total fvnds brought foNard
19,6951
2,922,874
2,913,179
2,978,965
TOTAL FUNDS CARRIED FORWARD
30,363
2,869.225
2.899,588
2,913,179
The notes form part of these financial statementg
Page 7

DAVID HENRY WARING HOME TRUST
BALANGE SHEET
31 MARCH 2025
2025
Totsl
nds
2024
Total
nds
Unfestricted
fund
Restricted
nds
Noieg
FIXED ASSETS
Tangible assets
Investments
1,206
2.420,000
5,840
2,421,206
5,840
2,423,270
189,958
1.206
2.425.840
2.427.046
2.613.228
CURRENT ASSETS
Debtors
Investments
Cash atbank
3,205
524,032
82,844
527.237
82.844
40,448
512,151
78,788
3,543
40,448
43,653
606,876
850,529
594,482
CREDITORS
Amount5 falling due wthin one year
10
114,496)
1163,4911
{177,9871
{294,5311
NET CURRENT ASSETS
29.157
443,385
472.542
299,951
TOTAL ASSETS LESS CURRENT LIABIUTIES
30,363
2,869.225
2,899,588
2,913.179
NET ASSETS
30,363
2,869,225
2,899,588
2,913,179
FUNDS
Unrestricted fvnds
Restricied fijnds
11
30,363
2,869,225
19,6951
2,922,874
TOTAL FUNDS
2,899.588
2,913,179
The financial statements were approved by the Board of Trustees and authorised for issue
..l3.-..1........Wts. and were signed on ils behalfby:
an
A V Groves-
ste
The notes forrn part of these financial Statements
Page 8

DAVID HENRY WARING HOME TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
Basis of preparlng the financial ststements
The financial statements of the charity, which is a public benefit enb.ty under FRS 102, have been prepared in
accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Slalemenl of
Recommended practi￿ applicable to charities preparing their accounts in accordance with the Financial
Reporbng Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 2015}'. Financial
Reporb'ng Standard 102 'The Financial Reporting Standard appSicable in the UK and Republic of Ireland. and the
Charities Act 2011. The financial statements have been prepa￿d under the historical cost convention with the
exTrpts"on ol investments and freehold property which are intti'ally recognised at their transaction value and
subsequenuy measured al their fair value as at the balan(* sheet date using the closing quoted market price.
Income
All income is recognised in the Statement of Financial Activities once the charity has entidement to the fvnds. it
is probable that the income will be received and the amount can be measured reliably.
Expendlture
Ltabilities are recojnised as expenditure as soon as there is a legal or construth.ve obligation committj'ng the
¢harity lo that expenditure, (t is probable that a transfer of economic benefits will be required in settlement and
the arnount of the obligab.on can be measured reliably. Expenditure is accounted for on an accruals basis and
has been classified under headings that aggregate all cost related to the category. Where costs cannot be
directly attributed to parts'cular headings they have been allocated to activits.es on a basis consistent with the use
ofreSour￿s.
Tangible fixed assets
Depreciation is provided at the following annual rates in order lo write off each asset over its estsmated useful
Freehold property
Fixtures and fith'ngs
2VD on cost
25Vo on cost
Freehold land and buildings, used for charitable purposes are shown at an "existing use" valuation in
accordan￿ with the revaluab'on policy adopted by the Charrty. Other fixed assets a￿ shown al historical cost.
Taxation
The charity is exempt from tax on ts chantsble activrtyes.
Fund ac¢ounting
Unrestricted funds can be used in accordance with the charitsble objecbves at the discrets'on of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Reslrith'ons
arise when specified by the donor or when funds are raised for parb'cular restricted purposes.
Further explanation of the nature and purpose of each frjnd is included in the note5 to the financial statements.
Investments
sted investments are a fom of basic financial instrument and a￿ init'ally ￿cogniSed at their transaction value
and subsequenuy measured at their fair value as at the balan￿ sheet dale using the closing quoted market
pri￿. The charity does not acquire pijt opts'ons. derivatives or other complex financial instruments. Realised
gain5 lor losses) on investment assets are calculated as Ihe differen￿ be￿een disposal Pra￿d$ and their
opening carying value or their purchase value if acquired subsequent to the first day of the financial year.
Unrealised gains and losses are eal¢ulaled as the difference be￿een the fair value at the year end and their
carrying value al that date. Realised aniy unrealised investment gains lor losses) are combined in the statement
of financia5 ath"wb"es and are credited {or debited) in the year in which they arise. Other investments are induded
al cnst. which is considered to te approximate to their market value.
Page 9
onb'nued...

DAVID HENRY WARING HOME TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
INVESTMENT INCOME
2025
2024
Rents retsived
Dividend income
Deposit account interest
Curr asset inv income
27,567
28,996
27
4.062
11,532
2,224
734
2,777
60,6S2
17,267
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for thè year ended
31 March 2024.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended
31 March 2024.
STAFF COSTS
The average monthly numtEr ol employees during the year was as follows..
2025
2024
Administration
No employees received emoluments in exTrss of £60,000.
COMPARA TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
fijnds
INCOME AND ENDOWMENTS FROM
Charitable activities
Weekly mainlenan¢e charges
49.977
49,977
Investment income
17,267
17,267
Totsl
87,244
67.244
EXPENDITURE ON
Charitable actlvities
Charitsble Acb'vities
127.019
127,019
Other
9.856
9,856
Total
136.875
138,875
Net gains on investrnents
3.845
3,845
NET INCOMEI(EXPENDITUREI
Transfers between funds
169,6311
65,027
3,845
165,0271
165.7861
Net movement in funds
14,6041
161,182)
{65,7861
RECONCILIATION OF FUNDS
Total funds brought forward
15,0911
2,984,056
2.978.*5
TOTAL FUNDS CARRIED FORWARD
19,6951
2.922.874
2,913,179
Page 10
conb'nued...

DAVID HENRY WARING HOME TRUST
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
TANGIBLE FIXED ASSETS
Fixtures
arid
fittings
Fr￿hold
propety
Plant and
machinery
Totals
COST
At 1 Apfil 2024 and 31 March 2025
2,420,000
5,681
24.721
2,450,402
DEPRECIATION
At 1 April 2024
Charge for year
4,g33
22.199
1,670
27,132
2,064
At 31 Mar¢h 2025
5,327
23,869
29.196
NET BOOKVALUE
At 31 Marth 2025
2,420,000
354
852
2,421,206
At 31 March 2024
2,420,000
748
2,522
2,423,270
There would be no potential tax liability if the properties were sold at current market value provided the gains
were applied for charitable purposes.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
Al 1 April 2024
Disposals
Revaluations
189.958
1188,0001
3,882
At 31 March 2025
5.840
NET BOOK VALUE
At 31 March 2025
5,840
Al 31 March 2024
189,958
The￿ were no investment assets outside the UK.
Cost or valuation at 31 March 2025 is represented by..
Listed
investments
Valuation in 2025
5,840
This represents a portfolio of investments held with Blad(Rock.
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Rebuild pre-spend
Prepayments and accrued income
114
524.033
3.090
355
507,119
4,677
527,237
512.151
Page11
conb'nued..

DAVID HENRY WARING HOME TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
CURRENT ASSET INVESTMENTS
2025
2024
Invesiment fund
82.844
78.788
This represents a po￿0110 of investrnents held with CCLA.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
10.
2025
2024
Trade creditors
Taxats"on and social secunty
Other credito
1,925
15,660
90
278,781
175,972
177,987
294,531
11.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
belween
fijnds
Al
31.3.25
Al 1.4.24
Unrestrictsd funds
Revenue
(9,695)
117.4731
57,531
30,363
Restrlctèd funds
Frxed Asset
2,922,874
3,882
(57,5311
2,869,225
TOTAL FUNDS
2,913,179
113,591}
2,899,588
Net rnovement in funds, included in the above are as follows..
Incoming
resources
Resour05
expended
Gains and
1055es
Movement
in fvnds
Unrestrfctsd funds
Revenue
114.899
1132,3721
117.4731
Restricted funds
Fixed Asset
3,882
3.882
TOTAL FUNDS
114,899
1132,3721
3,882
113,5911
Comparatlves for movement in funds
Nel
movement
in fijnds
Transfers
be￿een
funds
At
31.3.24
Al 14.23
Unrestricted funds
Revenue
{5,091 }
169,6311
65,027
(9,6951
Restrfcted funds
Fixed Asset
2.984,056
3,845
(65,0271
2,922.874
TOTAL FUNDS
2,978.￿5
165.7861
2,913,179
Page 12
continued...

DAVID HENRY WARING HOME TRUST
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinued
FOR THE YEAR ENDED 31 MARCH 2025
11.
MOVEMENT IN FUNDS- continued
Comparab've net movement in ftjnds, included in the above are as follows".
Incoming
resources
Resources
expended
Gains and
losses
Movement
in fijnds
Unrestricted funds
Revenue
67.244
1136,8751
(69.6311
Restri¢tsd funds
Fixed Asset
3,845
3.845
TOTAL FUNDS
67,244
1136,8751
3,845
{65,7861
12.
RELATED PARTY DISCLOSURES
Induded in Other Creditors is a loan of £163,491 12024 £272,g911 from a chanty with the same Cofporale
Trustee. The loan is considered as repayable on demand.
Page 13

DAVID HENRY WARING HOME TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
INCOME AND ENDOWMENTS
Investment income
Rents received
Dividend income
Deposit account interest
Curr assel inv income
27,567
28,996
27
4,062
11.532
2,224
734
2,777
60,652
17,267
Charftable activities
Weekly maintenance charges
54,247
49,977
Total Incoming resources
114.899
67,244
EXPENDITURE
Charitable activi￿09
Staff costs
Repairs and maintenance
Grounds maintenance
Heating and lighting
Council tax and water
InSUran￿S
Telephone etc
Other expenses
Accountsncy
Bank charges
Plant & machinery depreciation
Fixtures & fittings depreciation
Decant expenses
22.041
21.397
10,174
12,350
12.558
3.224
311
1,240
7,012
26.382
25,253
35,555
22,389
2,883
1.843
6,961
3,245
60
394
1,670
394
1.670
8,093
100,524
127.019
Other
Professional fees
31,848
9,856
Total resources expended
132,372
136,875
Net expendlture
117,4731
169,6311
This page does not fom part of the stslutory finanoal statements
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