Charity number.. 209495
THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
ACCOUNTS
FOR THE YEAR ENDED
313t DECEMBER 2024

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
Conlents
Page
Trustees Report
Ex¥minar's R8POrt
Re¢eip¢s and payments 8ccDunls
Statement ol assets and liabilrties
Notès lo the account5

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
TRUSTEES REPORT
For the yèar ende(f 31st December 2024
Ch3rity règlgtered number
Thè Countess of Thanel's Almshouse Charity is ¢on5th"tuted by a Deeil of Trust and is a rè9lStered
¢harity No. 209495
Addr•s$ of the Charity
The Grange. Chyrch Street. Hartfield. East Sussex. TN7 4AG.
Th• Tru8tee• during the year w¢re".
Ex-offi¢io Tr￿lee5
The Rev'd J Seaf - Ex-offic•) Rector ol the Ecdesiaslical Parish ol St. Mary. Hartfield
Nominative Tru*¢ees
Mrs C Beare Iresigned 12 Novemter 20241
Mr J Murray-kMIIis
Mr R N T Gor(Jon-Jam8s lapwint¢fl 26 June 2025)
Co-optatlvè Tr￿tea1
Mrs R Burns
Mr$ J Slirrat
M¥ J H Harley
Structur*, govern•n¢e and manag•m•nt
The governing dtKumeni 1$ a trust deed ralified on the 9. September 1976. Since Ihe closure of St.
Stephen's Church. HaMme￿IX)d. t)0 alternative Ex-officio h$s been appointed. The trustees are
8W8re the Tru31 Oeed may need to be upjateil lo ren8Ct thi$.
The mttthods adopted lor Iht appoinimenl of the bc#* ol Irusiees ar• that the body sh•M con$isi ol'.-
Two Ex-officio Trustees- The Reclor of Ihe EcclesiastKal Pari$h ol Sl. Mary. Hartf*ld, and th• Vtar
ol thè Erxlesiasli￿l Parish ol Sl Stephen. Hammerwood.
Two Nominative Tiu$tees- The peison Shall be app(xnted by the Parish Council ol Hartfield. Ea¢h
appointment sham be made for a term of Iour years al a meetin9 convened and held according ltr
ordinary praclicg of the Parish Councd.
Three Co-oplabve Trustees- The person who Ihrough residence. occupation or ernployrnenl. or
otherwise have special knowledge of the Parish of Hartfiekt Ea¢h appointrnent shall be rn8de for
term ol ye•rs by a re501ulion of Ihe Trustees passed 81 a special rneeting.
Poli¢y on R•serws
Thè Trustees shall eslabh.sh and maintain a reserve fund, to be entrtled Extraordinary Repair Fvnd, for
the purpose of providing lor Ihe extraordinary rèpair. improvement or r*build•ng of the alrnshouses
belongin9 lo the Charity.
The fund and the Income Iherelrom are invested in the M&G Charity Multi Asset Fund and as of 6
May 2021 funds have also been invested In CCiA COIF Charities Investrnent Fund.
Page 1

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
TRUSTEES REPORT CONTINUED
For the year ended 31st December 2024
ObJoctlvo$
The object ol the charity IS lo provide almshouse accommodation fof people in need ol the
¢cclesiaslical parish of Harlfield or surrounding area. The accommodation at the Almshouses at
Holtye Common o)mprises four houses. one tsl and fv*o bedsits.
It is the Trustees policy to provide and maintain good quality housing for Its residents. The charsty is
siafled on an enliftrly voluntary basis.
Achl¢¥emgnt¥ •nd ￿rfOrmanc￿
The charity's principle source of income are Ihe ¢onlribulions p8id by Ihe residenl$. During 2024 these
contributions arnounled lo £28,03612023- £28.0361. The total incorne for 2024 arnounled to £36.887
12023- £34,5081
Ttte lolal expendilure for 2024 amounted lo E25.33512023. £12.0881. As a resum the net ￿CeIptS
werè £11.SS212023 E22.4201.
The accumulated cash lun¢J 51arKls 81 £75.67212023. £64, 1201.
Decl•r¥tlon
Thtr IruBtee8 dedare Ihai Ihey h¥¥e approved the TfUStee$ report above.
Sl9ngd on behall of th• Ch•rity'$ Tru$¢e••
. Trustw - Mr J Hadey
Trustq• - Mr J MuThay-WMis
Date ol approval
Page 2

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
I report to the tfuslees on my examinalj.on of the accounts of Ihe above charity 1.the Trust'l for the
year endad 31 st Oec6mber 2024. whKh are set out on page$ 4 to 6.
Responsibilities and basis of report
As Ihe ¢harity's trustees ol the Trust. you are responsibk for preparat#)n of the accounts in
aceordance with Ihe requirèments ol thè CharrtES Act 20111.the Act'i.
I report in respect of my examination of the Trust's accounls carried oul unt1er section 145 01 the 2011
Act and in CBrrying out my examination. I have foll¢)wed the appluble Direction8 given by Ihe Charity
Commission under seciion 14515llb} of the Act.
Ind•pendent Exami￿r,$ Stat¢ment
I have cornpleled my examination. I confimi Ihat no m•leri81 matters have come lo my allenlion in
connection with the ex8minaiion which givts me cause to believe thai in, any maierial respect.
the Bccountrftg records were not kept in accordance wrth section 130 of the A¢t or
4 Ihe accoun15 not accord with the aCtt*unting records or
Ihe accounls did nol comply wilh Ihe appluble requirements concerning the form
and contenl of accounts sei out In the Charitie5 IAccounls and R8portSl Regulations
2(K)8 other Ihan any requirement Ihal Ihe accounts gwe a 'lrue and lair, view which 1$
t a malter considered as part of an indtpendenl examination
I have no concerns and have come across no matters In connection wilh the examination to whi¢h
altenlson should be drawn In order lo enable a proper understanding of Ihe accounts lo be rèached.
Estellè Sherfock
OMC Partnèrnhip Llmited
Chartefed A¢¢ountant
Yew Tree House
L&wès Road
Forèst R¢)w
East Sussex
RH18 SAA
Date..
Page 3

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
RECEIPTS AND PAYMENTS ACCOUNTS
For ihe year end￿ 31st December 2024
2024
2023
RECEIPTS
Contfitsulit)ns from resKlenls
Inieie$t re¢eiveLI Charihes deposrt lund
28.036
2.469
28,036
540
30.505
28 576
ASSET ANO INVESTMENT RECEIPTS
Diwidend fe¢&ipis from shares
6.382
5.932
0,382
5.932
Total Ra¢eipl$
36.887
34,508
PAYMENTS
Walor
Repasrs and m8inien8nce
Insurance
Electricrty
Subscriplions
Garden M8inten8nce
Sewerage
Tree Maintenance
A¢counlan¢y
Sijndry Expen5e8
624
879
1.181
1.044
696
2.135
1.677
9.443
1,176
118
505
417
1 7QO
630
196
1,524
842
942
18.953
6. 756
ASSET ANQ INVESTMENT PAYP4lENTS
R¢tain¢d dNKlend receip15 fr¢)m $h8re$
6,382
5.932
6.382
5,932
Totsl Payment$
25.33S
12,088
NET RECEIPTS
11.5S2
22.420
CASH FUNDS LAST YEAR END
64.120
47. 700
CASH FUNDS THIS YEAR END
75.672
64.120
Page 4

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
STATEMENT OF ASSETS AND LIABILITIES
AS at 31$t December 2024
CASH FUNDS
Unrestricted
Fund¥
Unrestricted
Funds
2024
2023
Bank Current Account
Charit*s Deposit Fund
25.010
50.663
15.927
48. 193
Total cash funds
75.672
64.120
INVESTMENT ASSETS
Fund¥ to which
ass•t belon98
Market Value
Market Value
31 Dec$mber 2024 31 DeCeM￿r 2023
M&G Charity Mutti Asset Fund
11a1 Resiricled
CCLA COIF Charities Inveslmeni Fund 11bl Restricted
167.872
30.268
155.409
28,8Q3
ASSETS RETAINED FOR CHARifY's OWN USE
Fund• to whlch
as*¢t belongs
Almshouse 8t Hotye Cornmon, East Sussex
{21 Endowment
LIABILITIES
Thtrro are rK) Iiabilrties
Slgn¢d on behalf of th¢ Charity'• Tru•tg0•
. Tru¥tee- Mr J Harley
Trugtee- Mr J M¢Jrray-Wllis
Dato of approval
LSIts
Page 5

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
NOTES TO THE ACCOUNTS
For th¢ year tnded 314t December 2024
111 Investrnents
Current holding5
11¥1 1.386.558 12023 - 1.386.5561 AccumuktKJn Shares (Extraordinary Repair Fund) with M&G
Charrty Mutti Asset Fund.
The income in respect ol Accumulation Shares is nol di$tiibuied but retsined in ihe Fund and 18
ieflpcled in the price ol ihe Sh8fes.
Income from AccumulatKJn Sharas retait
£ 6.38212023 - E5,9321
11bl t16.1412023- 116.141 A¢¢umulolion Unrts wrfh CCiA COIF Ch81ities Inveslm¢nt Fund.
No dividends ar6 pa￿ on hokyirys ol accurnulal￿ unrts.
121 P¢mi•n¢nt End¢wm•nt
The Almshouse al Holtye Common. East Syssex Freehokl was ¥esied in Ihe Offti#l cu8todion$ ol
Charrtle¥ on 30) June 1871.
131 In¢orn• Tax and Value Added Tax
As a registered charity the Trust Is genefaty exempl from Income Tax bul noi from VAT. The charity
is not regislefad for VAT and accoidiNJty payff*nts a¥0 $hthvn yfos$ of VAT.
Page 6