REC.ISTERED CHARITTr' NUNIBER: 7097)8 THE CHARITY OF CHARLES COLLISON TRUSTEES REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEfvIBER 2UJ?
THE CHARITY OF CHARL LLISON INDEX TO THE ACCOUN75 FOR THE YEAR ENDED 31sr DECEIBER )IIJ• ONTENTS Page Legal and Administrdrive Infotmaiion RetMKL of ihe TrUSe$ Independeni Examiner's Rern Siaiemeni of Finaniial Aciil'iiies Balance Shrtl NO.% io the Accoun
THE CHARITY OF CHARLES COLLISON LEGAL AND ADMINISTRATIVE INFORNIATION FOR THE YEAR ENDED 31sr DECEfvIBER 20J? Charity Trarne.. The Chariry of Charles Collison Charity registraiion number.. Chariiy addre55'. Shi]cK House 99 Bancrg Hiichin SG) INQ Trusiees.. Rev. Niek Smith {ResiqDed 22-Mav_?3 Rev. MaKine HOarth (Aptnied ??_May-?3} Rey. Virginia Dear Cllr. lan Albert Clerk ro the tntsiee.s'. M. W. Seam2n-Hill IProvided by John Shil¢k L4d) Independent examiner.. Philip Dean FCA Hicks and Company Chartered AccounLants Fir%1 F]Ix)1. 99 Bancroft Hitchin SG) INQ BJftkers'. Barclays Bank PLC i16 Hitsh SITeei Hii¢hin SG5 IBJ
THE CHARITY OF CHARLLS COLLISON REPORT OFTHE TRusfEFS FOR THE YEAR ENDED 31sr DECEfvIBER 2023 Tht Iru%Tees preseni Iheir annual re[ With the financial statements of Ihe chaTiiy fw Ihe year ended 3 I%T Decenibtr ?U?I The Irusiees have adopied ihe provi4ion5 of AcLountin4 arhd Rtwiino by Charities.. Siatemenr of Recomrtiended Praciice applicable io chariiie.% preparino Iheir accounis in aciorddnce wilh the Financial Renin{l Siattddrd applicable in Ihe UK and Republic of Ireland {FRSIOI) leffeciii'e Isi January ?019). ObJeetlYo and Activilies Objectives aims The objeciii'es of the ¢htiriLy 10 provÉde houles of ftst for deservinq natives or residents of the Patishe5 of Hitchbll 4Lnd St Ippol)rs. Ihai may find accotnm(MJaiioo and securit). ITh ihe l(Ka] cofflmunity suit their Pilrtieular reqUirenIS and n¢eds. Significant aetlvltles The chariiy's objeciives are Jchievtd by colleciino an occupaiiond charge from the residenis ivho (Kcupy Ihe hou%es of res1 under Lhe Control of the trusites. Such charges uiiltsed in nwniaiDin8. repairing refurbi%hinE Ihe houses Js ne¢e%sJry and the wdving for ihe %upw>n C15 for the funciioning of Ihe chariiy. Public beneflt The trusiee_% have paid due re_urd to ihe Chari¢J Conm)issioDs Public BenefLI Guidante altd compiled section 171)) tsf Ihe Charities Ail ?Ql l in exerciSLllO Iheir Th'ers and duties. and have souahi 10 demon5traie rhat Ihe chJriiv coniinue5 to provide efits 10 5uilable r50 .hO kle direcLly 10 its (je¢ll.t5. The inefiLS dre publscl) avdilable to Jll Vi'ho qualils,. All applicaiions are %ubjeLI io due pnxess and consideraTion WiThwi ds5criminaiit. Achiei'ement5 and Perforrnance Charitable actSi-ities TIIL. propertits coniTolled b¥ Ihe Irusiees coniinue io be mainiaine(I, Ttixiired ar refuTbished in order ihai ihe e¥i.%iine and ne¥i' residenis are properl!. eaiered for. The IrLi%iees hJi'e coniinutd to mtske J¥'ailiible the of re%1 un(kr Iheir control. The coniani deand lus rellecied the need tt>r such a charity thai provides a valuJbl¢ support seri'ice in the I(al cofftmuniiy. The irusiees Loniintie ti programnie uf repairs. mainienance arml rifurbishrntni so th1 (Keupanc i% consLLnilv tsi a hitrJJ le¥el. Flnancial Rei'ie Financial positio The finaniiJl result% I'or iht )'ear a% %h(lI on paoes 6 and 7 refleci Ihe tKCUP&liiC)rt:Il chJr¥Te% ¢olle¢ied fmjii rebidtnifi. IneStMent income r¢teii"ed in Ihe itLIT, the co%L% Illiutred in collecTJn¢ Lht inioffle and maintainino the pro1¢. the.%upport co%ls and Ihe tinancitil siaLe of affJir of Iht ¢hJriiv di i151 Dth'ember )D•3. Principle Sources of income Tlie iiiJji)r s1)UTLes lit Inclin are (K¢upJiional charots from reSLJen15 (ind ini'esljlltni incon froin iniE%inienL% 1i14idt vl. LIFpIus l-unds under Ihe ionirol i)I' the Iru%iet%. OiiiipJliLltial ch4ifLl¢S tri)ni Te%i(knt% uere £3.982 higher ihdn rhe prei'iLbW% !'eJr L)7.7{}s 1711ll- Lll 7).)>. Dii"iLlend Incon inireased b) £8) a% con1p41re IL) Ihc prei'ioiL% t? J )_ lTrrinciple iienL% oft%penditurf The Iriisi¢eN Loniinve ic) niofiitor dnd cotlirul IhJE ar¢ Iniurreil afkr due ci)n%iderJiion. ThL rnain lien) ()t expendiiure iontinued 10 ihe repiir Jnd iiuintenanLe of Ihe PTOPLlrtie% and (panJen% under Ilit conirol Ihe Oiernll the ioil of reptiir% niaini¢nJn¢e deiieJsed bi. L4.fii l EO £7 116 1lD)1: £9.9671. While the Ln%t of iardeninu inLreJ%ed b} L7ill 10 L3.468 IW)?: t?.718}. O%ernll in ilie there nti before oJin% Ihe rei'dluaiion 17f inles1nOl uf l?11.4(111 ?()??. £lll.-iS41.
THE CHARITY OF CIL4RLES COLLtSON REPORT OF THE TRUSTE&S FOR THE YEAR ENDED 31¥r DECEMBER 2023 Investment policy Consideration is given io ihe requirement io incur costs as quIred 10 Main5n rhe pryrties. therefott havin(p cotlsidered the Options available the have decided io relain an amount of funds with John Shil¢ock Lid in J ¢lienLs a¢¢ounL as d repair fund 2nd 10 retain excess fund5 in rtCO8llLsed charity irEvesLmeni lunds that are Fairly ea%ily accessible_ The policies adOpd by ihe trustees are such thdt snve%ted ny)nies are catefully managed 1th a low risk Reser%'es polic). Reserves are wuired for.. Une.Ypecied repair5 and maintenance ihai ctyjld be Tcessary ai any time. Chan(pes in iniernal Tefurbishments a5 nece.%sory. Within reawn 10 accommlate srkcific or specialist needs of residenL5. Based on ihe churiiy's activitie¥ and the atte of the properties. Ihe aim to have unrestricLed resen-es io co%er the hisiorical valuaiion of Ihe prOtnIeS of £338.733 and one y¢ttrs expenthiure. The tsiimaLed overoee yearly e.xpendiiuTe is £?3.ilX). AI ! Isi December ?O?l. Ihe choriiy's UnSInC[¢d funds in exce55 of the reserve licY. bui Ihe irustee% consider Ihi5 prudent as it ensures the Chariiy h&s SU1CleThl resourcLs io cover the ri5Ls of Unexred repairs and mainienan¢e 10 ihe pioperties. The irusiees consider th)1 the pre5eni leb'el of IKcupaiional charges from residents and investment ItoMe ¢ooether with reserves is sufficieni io ¢nsure the preseni chariMblt acriviiies can mointAined ate syfficieni to meei Ihe objeciivcs of the charitv. Risk manageThent The Lfusiee5 coniinue ro assess and moniior ¢he mlljor risks io which they consider the thariiy i% exposed particularly in relation io in.SUTance. operaiions and finance. Strueture. Governance and f¥lanagement Gotrtrning document The chariiy wa% tonsiiiuied by the will of Charles Collison dated 13th (ki0[ 1917 and i.s regulaied by (in Order of the Charity Conimi.%sioner.% for Entrlitnd drkd Wales dated ?7rh iNoi'ember 19Y6 IchaTiiy numbeT ?097581. The thtirily's opeTarioDJl uddre.%s is Shi]ek House. 99 Banerofi. Hitchin. Hens. SG) INQ. Organisational structure The chariiy has a board of Ihree Iru%iees tnadt UP J8= The incutnbeni of the benefice ol Hitchin The incumbeni of Ehe benefice 0151 Ippo1% A nofftinee of Nfflh Hertford¥hire District Countil ie Irusiees mtei ? or.l lime% pei athd Jre responsible for ihe objetliie& and ailll'liies of Ihe charit¥'. All the trusiee% contribuie 10 Ihe 7emen[ of Ihe eha¥iiy. The irusiees are supported by a ¢leTk. prtsN'ided b). John Shi1k Lid. professional PrOn). adi'iser%. ,hO Js repon8ible The colltciiiin of OCCUPlL tional ehdrges from TesidenL%. nM)niiorillp and rerrINg on Ihe maintenanie and repJiTS re4uired in Te%pect of Ihe properties Loniiolled bv ihe Iru.%iee.%. Ensurinii Ihat 4111 direciii't% ot iht iru%iee% are dppropriaiel} impletnellitd. .4 poljc!. ol. re¥tilar iiieeiinps means Ihill all aipeilb i)t- adininisiering ihe charii}' att fulli r¢i.-ieii-ed and Inonitored. Recruitment and appotrntmeni oftrusiees The Iru8iee% Cdn onli be Ihe ii14ht benetiie of Hiirhin. the irnumb¢ni of the ne[jCe of St Iprrf)l dnd d ooijiinet (If Ni onh Htrtt'ord%hire Dislriii Coiiniil. Trustees induction and Irainin All Iru4iee% tire I':iiiiiliar %%"ith Ihe ii"ork" Df Ihe chariiv and dre involi'td in the dlEjI"LEt¢s. All Irusitt% Jre L%%ued wilh J LC)P}' L)I' the ChJrii)' Coniniii%jL)tTh bookl¢i"Tht Exniial TFUSlte and d copj of the late%¢ Jccouni% to tnhance their undeThiJDdinu ot Iheir 514Ltutorv rtiP051sibili(ie%. Plans For future perrod5 Th¢ hciu%e5 are 4in aut ihai repairs and MMinnanCe are Con%[1]1 tcquire¢J li? cvnipl! ii"Ith rei(leni% Dttd5 and releiani
THE CHARITY OF CHARLES COLLISON REPORT OF THE TRLTsfEES FOR THE YEAR ENDED 31ST DECEhlBER 2023 PlarLS for future periods continued The tru%iees have no tspecJli¢ plans her thdn coniinu¢ the mana£emeni of ihe pmpen¢es and ddmsnisier Chtable Tewurces as ¢ippropriate especially to eTr%ure the pll)perties are repaired. mainthined and refurbished 10 a $21islactory sianddrd for exi¥tsn and new residents. Trusiees The Irusiees who served dunno ihe year w'ere-. Re%. Ni ick Smith fRe.sjoned ??.May-Jl ) Rev. Maxine Hom'arth (App)In¢ ?l_May-?31 Rev. Viroinid Dear Cllr. Ian Albert Sttlternent ofTrustees Resp)nsibllities The irusiees are responsible lor preparing ihe ReF[ of the Tru5Tees anfl th¢ acCniS 111 accotthnce with applicJble Ill. and Uniied Kingdom Aceounung SMndards" {Uniied Kingdom Gentrally Accewed Accounling PTa¢ucel. The 14ll%' pplicuble ro thllrilies in England and IValt.%. the Chariiie.% Aci Th)1 l. Chdrily IAccounis and Reponsl Refrulations 2(X18 nd the proi'ision% ot Ihe trn%¢ deed require.% Ihe I.51¢¢9 io piepare financial sthiemeni.5 foT eJch financi31 year iihich £ive a Irue nd fair vitw of Lhe siaie of Jffair5 of the charil> ond of Lhe incomin£ TesouTce5 and applLCdlion% resourLes. includinE Ihe inLonie and eItnd]lure. of ihe chariiy For tha¢ periryl. In preparino ihese ¢{L. the Inte¢S are required io= ele¢1 %uiiable accountinb policits and Ihen apply Iherti ci)nsiiienLIv= - Lib.%erve tht thodS and prtnLiples in rhe Charity SORP- iiiJke JudDemeni% and e%iimaies ihal ale feasonable dnd pnjdtni: prepJre Ihe financial sidiemenii on ihe ¥oing concern bdsis unless IE inappr0pfta i(J pre5uine Ihdl the thuriiv will coniÉnue The tnisree% tire respon>ible lor keeping proper aecLiuTriino Tecordf u.hich disclo%e M.'ith reason&blt dccuracy it Jny IiTne the linancial )llion ol. Ihe ehJrii)' and to enable IlLen) io tn$U thai (ht finaTriial siaiements compl} w'iih Ihe Chariiies Aci ?Ql l. Iht chariii, IAcLL)uni% dnd Rep)rts) Re!tula(ion.% l(X)% Jnd the proisionJ ot Ihe tnl%i deed. fhey are dl%0 responsible for -saleguardin? Ihe ot the charit! dnd hence (or tak'ino reab]e Ste for Ihe pre¥¢niion deteLiion of fraud and other jrretsularities. The iepon ii'J5 approi'ed by order of the Brd o( Trustees on 30th (kithEr ?U)4 and siened on its behalf by.. TruNtee PaLte J
THE CHARITY OF CHARLES COLLISON INDEPENDEINT ExAlINER's REPORT TO THE TRUSTELS OF THE CEL4RITY OF CHARLES COLLISON FOR THE YEAR ENDED 31ST DECEhlBER 2023 lThJepeTrdent examiner's report to the trustees of The CharitT of Charles Collison I repgn 10 ihe ¢ru51ee& on my examinaiion of the flnl&l Sl¢ments of The Chariiy oFCharles Collison for the year ended 31 December 7073. which are set out on Paues 6 ro I l. Responsibilitie5 and basls of report A5 (he chariiy'5 tru51ees you aTe resp)nsible for the preparaiion of the fIncIal sth¢m¢oL% in a¢¢ord¢ iviih the requ2remenis of the Charitie5 A¢1 ?Ul I I'the 2()51 Aci'i. Having satIsfied Mlf ihai ihe financial SLiieTnenLs of the chariiy are IIOE rryuired io be audiEed and Ie eli4ible for independent exaniinaiion, I report in respeci of my eX]all0 of vour charity's [EThir)¢ial.s¥aieThenL U5 carTied oui under seciion 14) of Ihe 2011 Act. In carryino wi mv exarninalion I bale lo110ed the applicable directions gii.en by Ihe Chariiy Commission under seciion 14ili}Ibi of the )01 l Aci. Independent eAaminer'5 5tattment I ha%'e completed my examination. I confirm thai no rnaieriJl rtLIe[S have come LO my aticniion in conneciion u'iih ihe e¥umination givinL me rause io believe Ihar in any maEerial res1.. couniino records ivere noi k'epi in respeei of Ihe Chariiy as required by 1100 130 of ih¢ ?01 l Aci". or 2. the tinallcial 5141knients do not accord wilh those record5- or 3. Ihe fin<tncial.siaiemenis do rtoi ¢Otnply 1th the accounting rcquiremenL% concernin£ the forni and conieni of financial stanien1.$ %ei oui in the Chariiie5 (Accounts and Reponsl Re£ulaTioll5 ?{m Ixher than any requirement that the financial siaiements Ivive a'irue and Fair view, iTrhich 15 a mailer considered as pan of irtdeptndeni ekaminaiion.. or the Iindn¢illl %iatennis ha'e noi t prepared in accordanct w'ith Ihe meih(¥ts and principle4 of Ihe Siaienient of Recommended Praciice for dceotsTh¢inE and reporting by chariiie% lapplicdble 10 charities preparing Iheir dccounis in accurdJnce ii.ith the Finuncial Siarlddrd applicable 10 the UK and Republic of Ireland {FRS IO•II. I havt no concern% dnd hat come erS no oiheT InJiieT5 in conneciion ii'iih Ihe exuminuiion 10 Mthich aLiention should be drailn in ihii report in order to enable d proper unde151andin4 of the Iindocial siaienKnL% tv be leached. Philip DeJ Hicks dnd Cotiipanj Chartered Accountani Fir%1 Rwr. 99 BdnLri)fi SGI INQ Ddte". 31hh O¢ivkr ?11?4
THE CHARITY OF CHARLES COLLISON srATEfvIENT OF FINANCIAL ACTIVITIES IIDcorpordting an Intome and Expenditure A¢countl FOR THE YEAR ENDED 31ST DECEIBER 21J23 Unrestrided Funds Cyclical Iaintenance Fund Generdl Fund ?0?? Toial Not¢ Totsl Incorne Ineome from charitable aetlwities: Occupational cha¢ from residents Ini'estment IDCOllIe: Dividend income Inieresi receii'ed Totsl Income 37.708 37.708 33,72) 4432 308 40.418 2,432 ?.347 Expenditure Cost of ralsing funds: C0%15 of collectints rcsidenis ¢onrribuiioNs 4.Oi6 Eypenditure on charitable aetivliies: Provision of Jlmshouses 14J>9 15559 Tvtal eipenditure ?.788 ?0.047 75.719 Net incomel{eipenditure) before Investment gainsll105sesI ?0.401 10.384 Nei LiJd inslllwse%) on inlesimtnts 4.7?2 16.98)) Net ineonieliexpcndTturvl before transfers 39.412 2i,li3 Transfers betiveen funds 124J661 24J66 Net mili.ent in fund5 li,1)46 10.107 99 Reconciliation of fund5: Total funds brought forni'ard j?7.908 36.4311 i64Ji8 i6O.Yi9 Total funds Larried forii"#rd 46?)7 8y?I I i61,ii8 The noie% P4lite% il io I I forni part ol" Lhe LccwnL%. .411 of the &itKii"L result_% Jre deri%'ed frn)ni il)OlinuinV acijK"14ie%. There Jre ftn ixher r¢iiigntd i)r oihLr ihan Ihoie
THE CHARITY OF CHARLES COLLISON BALANCE SHEET AS AT JIST DECEMBER 2023 Unrestricted Funds Restrkted Funds Note 2023 ?0?2 Filed assets Tangible asse15 In%'esLmeni Tot fi¥ed assets 338,733 338.733 7>.626 414Ji9 338,733 70,874 409,607 414Ji9 Current assets 49J96 129.161 179.0)7 49196 129,161 179.0>7 38,694 118.3?5 157,019 Cash JI bank Total current wets Current liabilitie5 Credii(K5'. Amoun15 fallin¥ due 'iThiN one year io {3.90)I 13.911)) 1? ?681 Net current assets 175.15? 17>.li2 154.7) I Net assets i89?11 i89,il I 564.358 The funds of ihe chariti.: Uniesiricted funds i89AI I
89.ilJ s.3)8 The Li5 pazes 8 10 1 I torni part of ihtse dccounts. The dccounis i¥ere appnived bi. Ihe Board ofTrnses on_?nih Ociotkr ?O?J and ii'ere signed on il% iKhLlf by.. Rei. fvlaxine HL)ii'anh Trusiee Paue 7
THE CHARITY OF CIL4RLES COLLISON NOTES TO THE ACCOUN15 FOR THE YEAR ENDED 31ST DECENIBER 20J? Ob'tttiie To proi'ide hOUe% of tes1 for deserving tlaiives or re5ickn¢s of the Parishes of HÉtchin or St Ippolyts. 2. Siatus 2nd Basis of Aecountl Status The chariry bein£ a regtsiered charity is ncA liable thxation on any of IT5 in¢S1men1 incon. nor any other gain.4 derived froni ¢arryin4 out it5 charitable aciiviiies. B&si5 of accountlng The Financial sialemen of the chariiy. u"hi¢h is a public benefli entity under FRS I O? ve been prepured itl accvrdance wilh Ihe Chariiies SORP IFRS 101 -1 -Accouniing and RerxTrrtin(r by Chariiies.. Sraiemeni of Recommended Practice applscable 10 Lhariiies preparing their accoiints in dctOAl2nce l[h the Fhnancial Reponints Slalrd applicable in the UK and Republic of Yland IFRS 101 lel'feciii'e Isi January ?0191' FEnJncial Rewjtunv Swidard 101 -The Financial ReEK)rting Siandard applicdbl¢ in the UK and Republic of Irel&nd' and Ihe Chariiies Ati ?01 l. The fJDJn¢idl sth(emenLS hJve en prepared undtr Ihe hisLorical cosi conveniion tntxlified io inelude prortieS and invesrmenis ai vJluaiiiJTh. J. Accountin Policies Ineome OLcupaiional Cha¢5 repre5eni% coniribuiion% from re%idenL% or S721 seTrice% on behalf t)f re%idents of the properties under the contn71 of the Irustees arkd i5 included on an enii¢lerneo1 basis. Incorne froni invesiniethi_% is included in the year 'hen li is recei%'able. Ini'e51rneni gain% or los%es Ire recoonised resuli of the di.sWln and Ityaluing of ini'esinKni%. EIpL'nditllre All ¢InditUre 1% inLluded on dn dccruals basis and i_s reiooni%ed 'here ihere Is a legal or Lon%iniciii'e obliglliion to pa). tor e.xpenses. All CO8LS hJve dJieLilY Jtiribuied io the funciional cJie%roTie. of resourie4 extKnded. Costs of rai_sinit fuTrds cornprisc ihe iosts of colleciintr tpai]cl1 chJroe4 and irhl.e51nnl nuna4en)eni eosis. Charitsblt Jctiviiies eXnd1[re coniprise Ihose co> inLurred in the delii'try of IIN aciii'iiie% and strvices for 11% beneficidrie ioueiher li i¢h supp)rt COiL% a5%Octdd with meeiing Ihe con.s1itulior siaiuiwv requireuntb of Ihe ch3[.. Tangible filed assels and depreciation Freehold propertie% art included di a hiiiorical i.aliialion. The obtained J ¥aluaiion 4urkev lor in%urdnee purposes dated ?? Jul> ?11)11. i%'hich confirrntd ihat Lhe currenl ialue Js in exLY%4 of ihe hi%iorical i'Jluaiii)n. No depreiiaiiDTh is rh&2f£7ed bLiied on Ihe valuaiion Ihe trusitt% beliei"e thai ihe re>idual i'iilue of ihe Ireehold propen). i% in e.xces4 of the carrying I'alue in ihe acLounL%. Filed a55Cts ini'eslments In&-¢%ltLIEnls are Incliided nurkei %Jlu¢%. Fund accounting All Iiind4 held b) the ihariii Lire ionidered unTe%iricieJ fund% 4nd Jre ai'JilJbli It) u%ed in dic01an¢ %%'iih ihe Lhiriidble objeiiiie% c)1 edch fund di Ihe d14clIL ol. the irusieeN_ Page b
THE CHARITY OF CHARLES COLLISON NOTFS TO THE ACCOUN15 FOR THE YEAR E14DED 31ST DECEMBER 2023 4. Anali'sis of E enditure Costs of raising funds: Cosi of colleciing tKcupaiional charees 4,0)6 Expenditure on charitable aeiivities: Repair5 and tnaintenance Waiei rnies Lioht he<Lt Insurnnce Garden expenses RetU5e SubscripiioTr Council ia.¥ Sundry expenses Legal and professional fee5 Independeni exan)intr% fe¢% ?J16 iJ90 263 9.967 2.)92 49 196 183 41 187 76) IJ ?,849 ?1.663 Total eipenditure ?0,047 Trustees, Remuneration and Benefits There th.as no trusietb remunerniion or other IKnefiis for year ended il tkcemkr 107.1 nor foi the veaT ended 31 DeCtbe[ ?01? 6. Com aTaliies for the Siatement of Financial Activities Unrestricted funds Cvclical laintenance Fund General Fund 20?? Total Income Inctsnie froni chariiable actil'ities: (kcupaiion471 chartre fTvm resi&ni. In)'e5Ément income- Dividend incoine Inierefii Teceiv¢J Total income 31.7?) 2J47 31 36.103 36,103 Lipenditurt Cost of raising funds- CLi%iS ol colltctinn r¢%ideni% ciiniribiiLion Eipenditure on charitable actii"ities: PTo¥i%ian ofalnL%hLwse 4.06 4.11?6 1.?7? ?ilJ91 1.663 rol41 eipenditure YOJ91 2).719 Net incomelle.1penditurel before ini'e5lment %#ins 3(1.77i 20J911 IOJ84 i ei1051e.4 inie%imeni 16.Y8il 16.98)) Paue g
THE CHARITY F CHARLES COLLISON NOTES TO THE ACCOUN15 FOR THE YEAR ENDED 31ST DECEMBER 2023 6. Co ara11¢5 for the Ststement of Financial Aetliilies- continued Unrestricted fund5 Cyclical lainlenan¢e Fund General Fund 20•2 Toial Net incomellexpenditurel before tr4o5feTs 1211J91) 3J99 Transfers between funds 1?9.789} ?9.789 Net rnoiement sn fvJ)ds 9J98 3J99 ReconciliatlOD offund5 Tothl flind% brOUh1 forward 533.907 ?7,Oi2 560.9>9 Total fLTnits carried forward 77.908 36.450 ,3)8 7. Tan ible Fixed Assets TotAI Freehold Properties Hi.%loric i'aluation- Ai l li January ?O?A dnd A141 DeLember !OJ" 33&733 8. Filed Asset Iniestments COIF Charlti. Fund InTrestment Total ToEal l¥larket Value Ai l %1 Jiinuary Incrtase in valiie At 31sl December 77.8)9 16.98?) 7U.874 Joi 23.9>0 4..d9 ?1.676 7>.6?6 9. 1kbtors 20ti? John ShilLOLk Lid c)rliLal niainicnance fund OLLupJITonal churges in arrear Prepa*1ent fi)r in¥iirJnL Pr¢pd)'iiieni for Iht AlnLshiiu%e .4.latIOn PrLpJ%nitni ti)r Ni HDC roiintil lJi 46?)7 1,480 lal6 343 -16.4ill )() 1,37Y 196 169 49W96 111. Creditors- .4mounts F¥llin Due Ivithin One l'ear OcLUP4iiioHal LhJree% receil'ed in ttdi"arKY Oiher iTediiors fepairb and mdinitnance Oiher L Te(Jiiors- HRJ Foreinark knii'4 Aicru41 fnr retti Lolleciion fte .4ciwJl for 4wiountJnci' fte .4Litual li)r M"Jier e.Kpen%e5 Y48 240 ?76 JAY iJoo 146 3,90) ?7? pa 111
THE CHARITY OF CHARLES COLLISON NOTES TO THE ACCOUl¥iTS FOR THE YEAR ENDED 31ST DECEhlBER 20J? I l. Furtds General furKI: To receive IKcupaiionlll charEe.% fn)m residenL% and inNemen[ income. To PTovidt funds for the collcciion of and Iht Sup[ costs OF the chariiy. To piovide funds" 10 the Cyclical MuinLenance fund as necessary. Cyclic21 M8inlen2nce fund: To min&4e the proFtnies. To ensure Ihe propenies are lully Insured, m&ini2ined and l¢x)ked after. Thc bJldllLe in Ihe tund reprcsents Iht funds under the control of John Shik d. Balances Isi Januarv Trdnsfer Balancts 3 I st Decelliber 1cen l(tvesLmen¢ ains lllcoming ([goIng Unre%tricied fun¢t%= Generdl C}clicul MainLenance s77. 36.450 ifA.ii8 40.U8 15.7881 114.?i91 1?0.047) ?4.3661 4.7)? 54?,954 46.5i7 589.il I 40.418 Balancts Isl Janullrv Tnnsler [l'een funds B<ilance% Il%1 Decen)ber ?0?1 Inir%imeni IrKornino Ouiooin(t Unrestricted funds.. General CyLlical MlliTrienan¢e j!.l.907 ?7.Oi? 560.9)9 { j.3?81 170.3911 l?j.7191 1)9,7891 16.Y851 j77.908 564..3i8 l? Anali'5is of Asset5 2nd LiabilÉties to Funds Ntl Ltsset 315t Decefflber Current CurtenT Pr(yertie% Ini'e%imtriL UreSinCEed tund%-. Gtneral Dt.SlEnJied funij.. 7).6?6 179.161 j47 9 j4 46ii7 46.ii7 i89.-fi11 179.161 13.gU.fiI cUen1 Cutreni Isi Deceiiiber pr()rtie Ini'e%lrtient Bdnk Unre%iriti¢d funds= GenerJl Desjunaied fund.. CN-LIiL&I Il.lJin(enanie 711.874 j?7.91)% -36.470 564.-)j8 118.713 7n.874 i¥.694 Patie I I