REGISTERED CHARITY NUMBER: 209758
THE CHARITY OF CHARLLS COLLISON
TrusrE&S
RT AND ACCOU
FOR THE YEAR ENDED 31sr DECEMBER 2•24

THE CHARITY OF CHARLLS COLLISON
INDEX TO THE AccouKrs
FOR ThE YEAR ENDED
DECEMBER 2024
Legal aTrJ Admini5tyaiive Inf(rnuon
ReFrfXf of the Tnjsttts
lThJepeThleni Examinerfs ReF(
Sta*ff*Thi of Financial Aciivities
Balance Sheei
8-11
No￿$ io the Accounts

THE CHARrrY OF CHA
OLL
LEGAL AND ADMINisfRATIVE INFORMATION
FOR ThE YEAR ENDED 31&r DECEMBER 2Q24
Chariiy name:
The Clwity of Charles Coliison
Ch￿IEY registraiion number.
2(W58
Charity adthess:
ShilciKk H(￿ls¢
99 Bancroft
Hitehin
SG5 INQ
Twstee5'.
Rev. Maxine Howarth
Rev. Virginia Dear
Cllr. lan Alt
Clerk io ihe trijstees..
M. W. Seaman-Hill
(Provided by J(th Shik(tk L￿>
Ir1de￿ndent examiner..
Philip Dean FCA
Hicks and Company
Chartered AcccwJntat)ts
Fsrsr Fi(wx. 99 Bancroft
Hitchin
SG5 INQ
Banker5'.
Barclays Bank PLC
516 High Street
Hitchin
SG5 IBJ
Page I

THE CHARITY OF CHARLES
REPORT OF THE TRUSTEES
R THE YEAR ENDED
DECEMBER 2024
The intsiees preseThi iheir Jmnual repffi with ￿ finatttial 5th*n*nts of the cljariry for the year ended 3 Isi Decembtr 2024.
The trustees have adts￿ed the provisiws of Acc(WJllling and Rcwing by Chariiie5'. Sthtement of Re¢ommended Practice
applicable io Ch￿11]eS prepariog their accounts in act￿danCe with the FinaKtal Reporting Standard applitable in ihe UK and
Republic of Ireland {RiS1tr2) l¢ffeciive Isi January 2019).
ObJeetlves And Aetivlties
Obje£tiv¢s and 4im5
The objectÉves of the ¢hariiy are 10 provide h(m￿ of rest (ksetving rt*ives w residenLS of the Paris1￿$ of Hiiehin and Si
Ippolyts. that may Tw)t fiTrJ a¢comtncKtsticM) and security in the I￿al cOM)￿lty io suii their particylar requirements and needs.
Significant 4c¢iviti
The charity's objecttves are achieved by collecung an Ixcupauonal charge ftom the residents who ￿CUPY the houses of rest
under the control of the [rUs￿e5. Such chargc5 arc uuli5ed in m￿ntaInin& repairing and refuTbL5hing the h(*￿eS a5 necessary
and the paying for the suppxt Costs the funciiorting of the cknity.
Public ben¢fi¢
The ITusrees have paid due regard ￿ the Chariry comrnis5i(￿S Public Benefit Guidance aThJ compl￿d with se¢tion l715} of the
Charities Aci 2011 in exeTCi5iTh8 their powers and duues. and have styjght ￿ ￿en￿S￿a* that the chariiy ¢ontinue5 to provide
benefits 10 Sultable ￿TSon5 who relate diirctly to its objectives. The beneflts are publicly available io a]1 who qualify. All
applicaiiofts are subjeci to due prc¢ess and ¢onsi¢kntion withwt dixriminatrLm.
Achievements and P¢rforrnaDce
Charitable actlvltks
The properties controlled by the trustees continue to ￿ maitttained. ttpaired and refurbished in thai the existing and new
residents oJe prortrly cLtered for.
The trnsiees have ¢(W]linued io make availabk the b¢rt￿$ of resi uryler their CL￿trol. Tr Constanldema￿j has reflected rhe
eed for such a chariiy thai provides a valuable suptAXt service in the I￿al community. Th¢ mJstee5 cffitinue a PTogramrr£ of
repairs. maintenance and refurbishtr£ni so thai IKcuw4ncy is c(ML5tanrly ai a high level.
Financlal Rtvlew
FinAnclal p￿tIon
The fJnaThcial results for the year as shown on pa8e5 6 and 7 reflecr the LKcupational charges colleC￿d from residents.
inves¢men¢ income received in ihe year. the ¢osts ir&uryed tn ￿lleCting the irtOEne and maantsiping the PrO￿rtic5. the supp)rt
costs and the fJThanctal statt ofaffairs of the chariiy at 314 tkcemkr 2024.
Prlnciple Sources rf locome
The major souw¢s of Inco￿ are (Kcupaiional charges fmm residenLS and irtvestsneni inco￿£ from iThve5tments made of
surplu5 fund5 under the control of the tEUStees.
(keupalional Charges from residents were £t.241 hi8her than the previous year * £38.(J49 £37.7081.
Dividend income increased by £87 &$ compared ￿ the previ￿5 yearw £151912023: £2.432).
Principle itenL8ofexpenditure
The trustees continue io ]Th)nitor and control costs that are incutred after due considerdtion.
The rnain I￿rn of expEndiluTC Conlinued io be the rtpair and maIn￿narKe of the Prope￿e5 and gardeThs under the cootrol of the
trustees. Ovenll the cc61 of repairs and mainienance increased by £25.380 to£30.696 {2(P3: £5.3161. Mainly due io filling new
WIE￿Ow$ And rwf repwrs Ai two of the propertie& as well as full t￿[ Tep1x¢n￿t and of a vacani proF¢rty. While
the cost of gardening decreased by £348 10 £3.120 (2023: £3.468).
Overall in the year there was a Dei Iw before gains the revaluarion of investn*nts of£6.843 (2023.. Net income £20.4011.
P#gt 2

THE CHARITY OF CHARLES COLLISON
REPORT OF THE TRusfEES
R THE YEAR ENDED 31ST DECEMBER 2024
IDvestmenl polky
Consideraiion is given (o ￿ reqUIreTh￿￿t to incurcosts as requÉred to MaIn￿1n wrT*nies. therefore having c(m5idered ihe
options available the trusree5 have decided io retain an of funds With John Shile(Kk IA in a clients accwnL as a
repair fund and io retain excess fvnds in rttognised chariry inve5uneni fvnds that are fatrly casily accessible. The policies 4dop*d
by the trus*es are such that Inves￿ monies are carefully managed with a low risL
Reserves polley
Reserves are required for.
UnexrKcted repairs and mainMan¢¢ thatC(￿Id be rtttssary * any time.
Changes in iniemal refurbishmeDrs ￿ t￿, within reason io accoM￿￿MIate spttific or srkeialist needs of residents.
Based on the charity's activilies the age of properties. the trustres aim to have unrestric*d reserves to cover the historical
valuaiton of the prO￿nic$ of £338.733 and one yeals expendilure. The estima*d average yearly expenditure is £29.(MX). AI
31st December 2024. the chariiys Unres￿l¢￿d funds We￿ in excess of the reserve ￿l1¢y. bui trustees ccmsider this pwdeni
as it ensures the charity has sufficient resouwes iocover the risks of ￿r￿XF<etd repairs arwj maintenance co the properties. The
trns¢ees ¢onsideT thai the present level of ￿¢upaU0￿al charges from residents and inve5[n￿lIt inconx ￿gether with reserves LS
sufflCLent to ensure the present charitsble aetivities can Et maintaiTKd and are suffKieni io the objecuves of the charity.
Risk managemen¢
The trustees continue io assess and nM)niior the Maj￿ risks io wbsch they ￿￿￿1dertht chariry 15 exrmxd particularly in rel*ion
io insurance. operations and finance.
Structur¢, GoverDance and fvlaDapement
Governing document
The chariiy was consiitu(ed by the will of Charles Collison dawl 13th 1947 aTwJ 15 regulated by an Order of the Charity
Commissioners for En8latKI and Wales dawl 27th November 1936 {charity number2097581. The charity's operational address
is ShiLe¢xk House. 99 Bancroft. Hitchin. H¢rts. SG5 INQ.
Org&ni5ational structure
The charity ha5 a board of three trusw n￿de up Ls..
The incumbent of the be￿ fi¢e of H]￿h]n
The incumbeni of the ben¢fi¢¢ of Si Ippolyts
A nominee of North Hertford5hire Districi CourKil
The iru5rees meet 2 or 3 times per annum and are rtsKw)nsible f(K the objectives and aciiviues of the charity. All the trustees
contribuie 10 the management of the chariry.
Th¢ iru5tees are supported by a clefk. provided by John Shikc¢k Ud. PTof¢$5ional prcFrty adviser5. who is reS[￿SIble
for..
The collection of ￿¢Up2110nllI charges fmm ffsidents. moniiwing and rewKting on the maintenance and Tepairs required in
respeci Of ihe properties conimlled by the In￿.
Ensuring ihar all dire¢iives of the trusttts are appropriatrly implernented.
A ￿licY of regular meetings means that all aspects of administering the chariiy are ￿lly reviewed and monitOTed.
Recrnitment and appointment of trusttts
The irusitts can only be Ihe incumbeni of the benefice of Hitchin. incum￿nt of the benefKe of Si 1p￿)lY(S and a nominee
of Nonh Henfordshire Di$triei Council.
Tn￿e¢S induftion #wi tTaining
All tnjsiees are familiar with the w(Kk of the ¢hoTiLy aNI are involved in ihe a¢tLvilies. All trusttts are issued wilh a copy of the
Charily Commissioners t#))klet Tr Essential Tn￿tr¢- a￿1 a cwjy of the la￿st ￿¢0￿￿￿ to enhantt their understanding of
Iheir staiuiory respcnsibiliiies.
Plans for future perlods
The house5 are of an atse that repairs aNI maintenatKe are consthnuy required w CO￿p]Y with residents needs and relevant
l¢gi51aiion.

THE CHARITY OF CHAR
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
Pla]LS for future periots witinued
The tTU5tees have no sFcifi¢ plans other than to continue the nwiagement of the tfforkrties and admini5terchari￿b1e resourees
as appropriate especially io ensure the priwenies are repaire(L mainthined and refurtjished 10 a saii5faci¢)ry swldard forexisting
arKI new residents.
TnLStees
The tsustees who served durin8 the year were:
Rev. MaxÉne Howarth
Rev. Virginra Dear
Cllr. lan Albert
Statenxnt OrTr￿lee5 R￿￿blA11kS
The tru5*es are responsible for preparing ihe Rep(￿ of the Ttustees aThl the ￿el￿nts in Accord￿ with applicable law and
Uni*d Kingdom AcCi￿nI1￿g S¢aThJards (Uniied Kingdom Genernlly Acttoed Accouniing pr￿11¢¢).
The law applicable io ¢haritie5 in En8lwJd atKI Wales. the Chariiies Aci 2011. Chariiy (Acc(M]nts and Retmms) Regulations 2(M)8
and the provisions of the trust deed requires the trustees to prepare financial staieffknis for each finantial year which give a true
and fair vi¢w of the stale of affair5 OF the chariiy and of the itKomin8 re￿XIrC￿ 3nd applications are resources. including the
incon* atld eX[￿￿]ILUre. of the charity for that FKriTrJ.
In preparing these acc￿nts. the tru￿tt$ are required tt)..
selecl suitsbl¢ aCC￿ntInU ￿lI£le5 and then apply them consistenily:
- observe the methcxts aThJ principle5 in the Chariiy SORP:
- make jud8ernenis atKI esiimaies thai are rea￿able and pl￿￿nt.
- prepare the financial stai¢met)ts on the going c(•Kem basis unkss it is inapprryriate to presume thai the ¢haTiry will continu¢
in business.
The t]usiees are resp)nsible for keeping tK(wi acc(yJntiThg records which di￿lOse wiih reasonable accuwy ai any tirne the
financial Posilion of the charity and io enable them to ensure thai the financia] statements comply with the Charities Aci 2011.
th¢ chariiy (Accounts and Re￿￿5) Regulai1￿5 2(M)8 and the provisi(w of the trusi (ked. Try are also responsible for
safeguarding the assers of the chariiy and hence f(K taking reasonable steps the ptEvention aThJ detecti￿ of frdud and other
irregulariiies.
The report was appmved by order of the Biwd ofTTUStees on 2025 and signed ￿ its behalf by..
ev. Virginia Dear
TTUS
Page 4

THE CHARITY
F CHARLES COLLISON
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTE
THE
HARITY OF CHARLES COLLISON
R THE YEAR ENDED 31ST DE
EMBER 2024
Independent ¢xaminer's report to the trustees of lThe Cknity of Charks Co1119)n
I r¢port LO the ￿sIteS on my examinati(￿ of the fLnancial sta￿mentS of Tr ChaTity of Charles Collison for Ehe yearended
3151 December 2024, which are sd Pages 6 w I l.
Responsiblllties and b¥is of report
As the charity's trustees you are restrf)nsiblc the preparntion of the fin￿la1 stttements ID aceordantt with the requirements
ofihe Charities Aci 2011 ('the 2011 Aa,).
Having sasi5fJed myself thai the financial sts*meftts of the clwiiy aTt not requlred audited and are eligible ftr independeni
exarninaiion, I rep(f( in yes￿¢¢ of my examinaii(yn of your eharity'5 ftnancial sthternents as carried (M]1 under section 145 of ihe
2011 Aci. In canyng out tny examinarion I have followcd the applicable di1￿11￿5 given by the Charity Commission utthr
section 14515)(b) of ihe 201 I Aci.
IndepeJKleRt examitter's st*temertt
I have cornpl¢trd my cxaminati(￿. I conflmi no matertal nEaller5 have corn￿ to my ￿￿nI10ft in connecuon with the
examination giving me Cause 10 believe that in any malerial resFtci=
cix]nling records nc* kept in r¢st¢ci of the Charity as tequired by secii(yh 130 of the 2011 ACL C
2. the financial siaiem¢nts do noi accord with those reC￿d$. or
3. the financial $￿TeMents do nol Comply with rhe acc￿￿1]￿£ requirements ¢oncernin8 the forn and Con￿￿1 of financial
statements ser oui in the Chariiies {AccryEnts and Rep(￿) Regulaiicffl$ 2(K)8 (thr than any requirement that the fjtmneial
staiements give a'mle and fair view. which is a matter considered as part of an indetEndcnt eKaminaLlI)n: or
4. Ihe financial staiernenr5 have n<M wepared in accordawe with the ￿￿th(￿]S and prin¢iples of the Stsiemeni of
Recommended Practice for accounting and reporting by ¢hariiie5 (applicable iocharities prepatirhg their accwnrs in
accordance with the Flnancial Retrfxting SiandaTd applicabk in the UK a￿1 Repubhc of beland {FRS 102)).
I have Do Concerns and htsve corne *cr￿S no c*her matters in ￿n[￿clI￿￿ with the examination to which attention sh(yJld be
drawn in ¢his retM)n in order toenable a pr￿r UTthrstanding of the rUw￿la1 S￿len*￿ts ￿ bc teached.
Philip De
FCA
Hi¢ks a￿1 Company
Chartered AcC￿nIan1
Firsi Flcor. 99 Baneroft
Hiichin
SG5 INQ
Da￿. ￿_ trr_2025
Page 5

ThE CHA￿Ty
RLES COLLISON
STATEMENT OF FINANCIAL AcftvrrIES
Ilncorporating lrtcome and ExpEDditure A¢couw>
FOR THE YEAR ENDED 31ST DECEMBER 2024
Cyciital
2023
Total
Nrte
Fund
Fund
Total
1￿coMe from charitable activities:
Occupaiional charge from Tesidents
lttYestn*nt Ine•me:
Dividend incoTne
Inierest received
T•tal incorne
37.708
19
492
41,960
U19
492
41.960
2.432
Expendlture
Cost of raising funds:
Cosis of collecting residents contribuiions
4.488
Expenditure OTr charilable adivities:
Provision of altnshou5e5
4U91
44241
15,559
Totsl ¢xpendlture
5912
4U91
20,047
Ntt incDmell¢xpenditur¢) before InvesthKnt
gainsllloss¢s1
(4U911
Iw)
20,401
Net gain5 on Lrive51ments
1969
4.752
Net ineon)ellexpendlturel before translers
3&017
14WI)
14m4)
25,153
Tr4D5f¢rs between fuThJs
(I
Net movement funds
2179?
lJlh69)
{W4)
25.153
Reco￿1118t50rt of fun&s:
Total runts brought forwArd
46557
589511
564,358
Total funds carr5ed forward
lin2
56&749
15
584,637
589Jll
The nO￿S on page$ 8 10 1 I forni part ofthese x¢wnts.
All of the above results are derived from coniinuing aciiviiies. There are recognised gdins or losses than those
sLiied above.
Page 6

THE CHARITY OF CHARLLS COLLISON
BALANCE SHEEr
ASAT31
ER 2024
Funds
2024
2023
td a55tts
Tangible assets
Investments
TO1￿ fixed assets
733
77595
410J28
733
77595
416J28
338.733
75.626
414.359
CurreDt &5gets
Debtors
Sholl temi deposits
Cash at bank
Cash held by John Shitc￿k L
Total cyrrent assets
3.339
32.710
96.451
46,557
179.057
33202
J 19315
119215
15188
173J71
173J71
Current liabilities
Creditors=
ATtyYJttlS f￿ling due within uje year
1&062)
(5,0621
13.905)
Net current Assets
168JO9
175.152
Net awts
SW637
589.511
The funds of the charity:
Unres￿I¢￿d funds
IU12
584ffi37
589,511
The noies on pages 8 to I I f(Th w of these aceLW]nts.
The accounts were approved by thE Board of Trusttts on *oTc£ffl2025 and were its behalf by:
Re
. Virginia Dear
Trustee
Page 7

THE CHARITY OF CHA
NOTLS TO THE ACCOUNTS
DR THE YEAR ENDED 31￿ DECEMBER 2024
eftive
To provide Fthses of rest for deserwing nauves ry ffsi(knts of the Pari51*s of Hiithin ￿ Si Ipplyts.
2. stat￿ and Basis of A¢coun .
Status
The ¢hariiy a re8is*red chariiy IS Mt liabte for W*i¢ML ￿ any of ILS investrnEnt income. any 8aRrts derived from
carying OUL Charitsble affliviiies.
Bgsls of aecounting
The Flnancial S￿lements of the charity. which is a public beJ)efii eniiiy under FRSlff2. have been prepared in aceordaThce wfftth
the Chariiies SORP IFRS 102) 'Accouniing and Reporting by ClwirÈe5.' SL￿e￿￿Tri of Recornmended Praciice applicable to
charities preparing their acccKJnts in attordance with the Financial Re￿ll￿g Stsndard applicable in the UK and Republic of
Ireland (FRS 102) leffe¢iive Isi January 20191.. Financial RepKtin8 Swjdard 102 'The Financial RerA)rtin8 Standatrd applicable
in the UK and Republic of Ireland. and the Chatilies Aci 2011. The finan¢ia] siaienxnts have been prepared under the historical
cost convention m(xlified ￿ include pr￿eni¢S and inv¢sthrnts • valu*hon.
3. Ac<ountl Polic
Income
(kcupaiiottal charges represents contribul1c￿ from resithnts or ￿18] services on behalf of residents of the prynies
under the control of the mLSte¢s and is included ffi an cniitkmeni basis.
Incort￿ from invesirnen￿ is included in the year when ir is receivable.
Invesimertt ￿]n5 ￿l(￿SeS are reco8nised as a result of the dIs￿Ing lET￿￿1n8 of investn*nts.
EXpendIt￿re
All expenditure is included on an accruals basLS and is recog￿sed whete thert is a legal or c(msin]ciive (A)ligation to pay
for expense5. All cosis have i*en direcily airribuied LO the fu￿￿{￿1 cawie5 of resources ex￿nded.
Costs of raising funds comprise the cos¢s ofcdleuing Ltcupational charges and Invests￿nI rnanage￿Knt cos￿.
Charitable aciiviiies exttNIiLure comprise those cos¢s incurred in the delivery of its a¢iiviues atwj services for irs beneficiaries
iogether with supp(¥t costs asKtiated with rneeiing the c(XLstirntional and statulory ttquirements of th¢ charity.
T#E￿ible fixEd assets And depreciation
Freehold properties are included ai a his￿1Cal valuati￿. The trustres otrtairtd a valuation sury¢y f¢)r insurance purposes
dated 22 j￿[Y 2020. which conf1rn￿d that the current value i5 in excess of the histcKical valuaLl(￿. No depreciaiion is charged as
based on the valU￿10r$ the wsie¢s believe thai the ￿51dVa1 vatue of the frttlK)Id Property is in exc¢55 of ihe canrying value in ihe
Ixed L$5ets investnxnts
lmvesitnents are included at marker values.
Fund aceounting
All funds held by the chariry are considered unrestricied fvTrls and are available ￿ be used in aee(rdartt with the charitable
objeciives of each fund at the discreti￿ of the ￿U￿ceS.

THE CHARITY OF CHARL&S COLLISON
NOTLS TO THE ACCOUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Analy￿ of Ex
Jiture
2024
2023
Costs of ra￿]ng funds:
Cost of colkciin8 ￿CUPational charges
4J62
4.488
Expenditure on charit4lAe artiviiit5:
Repairs and maiTriertarKe
Watrr rare5
Council taK
LÉght artd heat
Insurance
Garden expenses
Refuse
Subscriptions
Advertising
Sunthy ex￿￿Se5
Legal artd wofessional fees
Inde￿ndert1 examinerfs fees
5.316
1.390
{831
263
2.895
105
3.112
3,120
49
196
173
765
1.31x1
15.559
lJ50
44241
Tothl txpenditvft
20.047
5. Trustees. Remunerat￿￿ and Benefits
There was no trusiees, remunefaiion or other benefits for the year ended 3151 Decernber 2024 nor for the year ended
31si December 2023.
6. Com
aralives for ihe S¢atem¢nt
Inalle￿ Aelivltles
Cyelieal
Maintettaiiee
GeDer41
2023
Total
It￿Ome
ltheome from ¢haTitsble #etSvltleL"
(kcupauon21 charge from residenis
Investment income:
Dividend income
Interest received
Total income
37.708
37,708
1432
2832
Expetiditure
Cost of raising fund5:
Cosis of colleciing residents ¢¢x¢LribuiiLW
Expenditure on charitsbk actsvitits:
Provision of almshouses
14179
15J59
To¢al expendilure
5,788
14259
20,047
Net Incomel(expendlturel before investment gains
(14259)
21)801
Nei gain5 on inve￿Men
4,732
4,7?2
Page 9

THE CHARrrY OFCHA
COLLISON
NOTFS TO THE ACCOUNTS
FOR THE YFAR ENDED 31￿ DECEMB
2024
6.
aliv￿ for th
tement of Fingnelai Attlvltles- eothtlnued
Unre5tri¢tsd
Cydlcai
Ma5tttenance
Fw
General
Fund
2023
Total
Net lneomel(expe￿dltUle} before tr4Lsfer5
39,412
(14359)
25,153
TT4ll5feT5 between funds
24J66
Net movement funds
11046
10.107
25,153
Reconciliation of funds
T￿al f4]nds brought forward
S27￿
3Q450
Tothl funds carrkd fon¥ard
7. Tan
ble Flxed Assets
Total
Freehold Properties
Historic valuation:
Ai 1st January 20?4 atKI 31si DecemEer 2024
33&733
& Fixed Asset Investmen
CAIF
IDvestj￿ent
cotF Clwity
2024
2023
Total
Market Value
Ai 15[ January
Increase in value
At 315t December
23.950
51.676
1.168
75,626
1.969
77￿95
70.874
4.752
75.626
24,751
9. Debto
2024
2023
Occupational charges in grrears
Prew4ym¢ni for instJraThc¢
Prepayment for the Alnkshw ASS￿lation
3.117
1596
1.480
.516
343
3.339
io. CrcditOTS:
F4lli
Due Withltt One Ye*r
2024
2023
(k¢upational charges received in advance
Other credii¢xs- repairs and rnainienance
Accrual for rent eolle¢iioD fee5
Aecrual for acC￿n￿ncY fees
Accrual for wa(er expenses
1ffi50
4X)
948
240
1.271
5,1162
3,W5
Page 10

THE CHARITY OF CHARLES COLLISON
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31
TDE
EMBER 2024
11. Funds
General fund:
To receive Occupati(￿al char8es from restdents atKI Inve￿￿nI i￿oMe.
To provide funds for the collection of rents and the 5uppffl ¢osts of the chariiy.
To provKde funds (o the Cycli¢al Main￿￿8￿¢¢ fvnd as rKce5Sary.
Cyclical Maintejwice fund:
To manage th¢ properties.
To ensure ihe pryr¢ies are fully insure4 mwntsined a[￿ Iwked after.
The balance in the fund rep￿Sents the funds under Ihe control of John Shilcryk tjd.
Balances
1st January
2024
Transfer
twttn
fvnds
Balance5
31st DecemEer
2024
Invesim2nt
8ains
Inccmning
oui8oin8
Unrestricted funds:
General
tksignared fund..
Cyclical Maintenar
542.954
41.9
(5.912)
(12.222)
568.749
46.557
589.511
(42.891)
(48.803)
12.222
15.888
584.637
41.960
1.969
BalarKes
IM January
20?3
Trdnsf
beiwttn
funds
Balance5
31st December
2023
Invesimeni
gains
Incorning
(h]igoin8
Unresiricied funds:
General
Designaied fund..
Cyclical Mainitllance
5?7.g)8
{5.788)
124,366)
542.954
36,450
564.358
(14.259)
{20,(M7)
24366
46,557
589.511
40.448
4.752
11 Anal
sis of Assets and Liabiliti
Net asset%
31st December
2024
Fixed assets:
Invesiment
Current
Current
Bank
Unrestricted funds..
General
Designated fund..
Cyclical Main*nance
338.733
77595
152.417
(5.(kn?)
568.749
15.888
168.305
15.888
584,637
338.733
77J95
15.06?)
Net assets
315t December
2023
Fixed assets:
Properties
Investmeni
Curreni
eis
Currcni
Bank
Unrestricted funds..
General
Designated fund..
Cycltcal MoinienarKe
338.733
75.626
129.161
3.339
{3.IX)51
54?,954
46557
175.718
46.557
589.511
338.733
7).626
3,339
I3.￿5)
Pagell