| Page | |
|---|---|
| Reference andAdministrativeDetailsofthe Charity, its TrusteesandAdvisers | 1 |
| Trustees'Report | 2-4 |
| lndependentAuditors'Report on the Financial Statements | 5-8 |
| StatementofFinancialActivities | I |
| Balance Sheet | '10 |
| Notesto the Financial Statements | 11-24 |
| Trustees | Reverend MHenwood |
|---|---|
| CllrTtVaddison (resignedIFebruary2024) | |
| R Barton | |
| Cllr D Hunnisett (resigned 3 May 2023) | |
| P Nicholls | |
| TCook (resigned11March 2024) | |
| Cllr MrsRCurrans | |
| Cllr SGosine (resigned24lt[ay2023) | |
| GDillon-White | |
| CllrJ Ozog (appointed24ltAay2023) | |
| CllrMPeters (appointed 24 May2023) | |
| Cllr K Grehan (appointed 21August2023) | |
| Charity registered | |
| number | 210339 |
| Independent auditors | HedleyDunkLimited |
| CharteredAccountants | |
| StatutoryAuditor | |
| TrinityHouse | |
| 3BullaceLane | |
| Dartford | |
| Kent | |
| DA1 1BB | |
| Bankers | NationalWestminsterplc |
| 12High Street | |
| Dartford | |
| Kent |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| Note | 2024t | 2024 e |
2023t | |
| lncome from: | ||||
| Donationsandlegacies | 3 | 50 | 50 | 1,115 |
| Charitable activities | 4 | 262,642 | 262,642 | 223,994 |
| Othertrading activities | 5 | 2,253 | 2,253 | 1,464 |
| lnvestments | b | 30,070 | 30,070 | 22,634 |
| Total income | 295,015 | 295,015 | 249,207 | |
| Expenditure on: | ||||
| Charitable activities | 7 | 251,494 | 251,494 | 190,824 |
| Total expenditure | 251,494 | 251,494 | 190,824 | |
| Netincome beforenetgains/(losses)on | ||||
| investments | 43,521 | 43,521 | 58,383 | |
| Netgains/(losses) oninvestments | 27,172 | 27,172 | (18,799) | |
| Netmovement in funds | 70,693 | 70,693 | 39,584 | |
| Reconciliationoffunds: | ||||
| Totalfundsbroughtfonluard | 1,'187,956 | 1,187,956 | 1,',148,372 | |
| Netmovementinfunds | 70,693 | 70,693 | 39,584 | |
| Totalfundscarried forward | 1,258,649 | 1,258,649 | 1,187,956 |
| Note | 2024 t |
2023 t |
|||
|---|---|---|---|---|---|
| Fixedassets | |||||
| Housing properties | 13 | 301,438 | 323,416 | ||
| Tangibleassets | 14 | 58 | 78 | ||
| lnvestments | 15 | 854,593 | 678,876 | ||
| 1,156,089 | 1,002,370 | ||||
| Current assets | |||||
| Debtors | 16 | 17,038 | 12,588 | ||
| Cash atbankand in hand | 137,561 | 199,508 | |||
| 154,599 | 212,096 | ||||
| Creditors: amountsfallingduewithinone year |
17 | (52,039) | (26,510) | ||
| Netcurrent assets | 102,560 | 185,586 | |||
| Total assets lesscurrenttiabilities | 1,258,649 | 1,187,956 | |||
| Netassetsexcludingpension asset | 1,258,649 | 1,187,956 | |||
| Total net assets | 1,258,649 | 1,187,956 | |||
| Charity funds | |||||
| Restrictedfunds | 18 | ||||
| Unrestrictedfunds | 18 | 1,258,649 | '1,187,956 | ||
| Totalfunds | 1,258,649 | 1,187,956 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2024t | 2024f | |
| Donations | 50 | 50 |
| Unrestricted | Total | |
| funds | funds | |
| 2023t | 2023t | |
| Donations | ,,,* | 1,115 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2024f | 2024t | |
| Provision of accommodation | 262,642 | 262,642 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023f | 2023t | ||
| Provision ofaccommodation | 223,994 | 223,994 | |
| 5. | lneomefromothertrading activities | ||
| Incomefromnon charitabletrading activities |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2024t | 2024t | ||
| Laundry income | 2,2s3 | 2,253 | |
| Unrestricted | Total | ||
| funds | funds | ||
| 2023t | 2023f | ||
| Laundry income | 1,464 | 1,464 | |
| 6. | lnvestment income | ||
| Unrestricted | Total | ||
| funds | funds | ||
| 2024t | 2024f | ||
| lnvestmentincome | 30,070 | 30,070 | |
| Unrestricted | Total | ||
| funds | funds | ||
| 2023t | 2023f | ||
| lnvestmentincome | 22,634 | 22,634 |
| Unrestricted | |||
|---|---|---|---|
| funds | Total | ||
| 2024t | 2024f | ||
| Provision | ofaccommodation | 251,494 | 251,494 |
| Unrestricted | |||
| funds | Total | ||
| 2023t | 2023t | ||
| Provision | of accommodation | 190,824 | 190,824 |
| Activities | ||||
|---|---|---|---|---|
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2024f | 2024f | 2024f | ||
| Provision | of accommodation | 248,344 | 3,150 | 251,494 |
| Activities | ||||
| undertaken | Support | Total | ||
| directly | costs | funds | ||
| 2023 t |
2023t | 2023 e |
||
| Provision | ofaccommodation | 187,692 | 3,132 | 190,824 |
| Total | Total | |
|---|---|---|
| funds | funds | |
| 2024 € |
2023f | |
| Staffcosts | 64,792 | 59,948 |
| Depreciation | 21,998 | 22,004 |
| Rates&water | 10,548 | 11,651 |
| lnsurance | 3,922 | 3,385 |
| Light&heat | 24,697 | 13,612 |
| Repairs&maintenance | 90,831 | 47,754 |
| Gardeningincl. gardeners wages | 8,191 | 9,520 |
| Cleaning | 5,360 | 4,244 |
| Security & safety | 9,961 | 7,837 |
| Office expenses | 3,890 | 3,412 |
| Bank charges | 360 | 360 |
| Residentwelfare | 3,190 | 3,374 |
| TVLicences | 30 | 23 |
| Trustee indemnityinsurance | 484 | 484 |
| Life insurance | 90 | 84 |
| 248,344 | 187,692 | |
| Analysisofsupportcosts | ||
| Total | Total | |
| funds | funds | |
| 2024t | 2023f | |
| Accountancy | 3,150 | 3,132 |
| NOTESTO THE FINANCIAL STATEMENTS FORTHEYEARENDED 31MARCH2024 Auditors'remuneration |
||
|---|---|---|
| 2024 f |
2023 t |
|
| Fees payable tothecharity's auditor fortheaudit of thecharity'sannual | ||
| accounts | 2,000 | 2,000 |
| Fees payable tothecharity'sauditorin respectof: | ||
| Allnon-auditservicesnot included above | 1,'150 | 1,132 |
| 2024 | 2023 | |
|---|---|---|
| t | t | |
| Wagesand salaries | 60,899 | 56,572 |
| Socialsecurity costs | 893 | 573 |
| Contributionto definedcontributionpension schemes | 3,000 | 2,804 |
| 64,792 | 59,949 |
| The averagenumber of personsemployedbythe c | harity during the yearwasas follows: | |
|---|---|---|
| 2024 No. |
2023 No. |
|
| Employees | 2 | 2 |
| FOR THEYEARENDED 31 Housing propedies |
MARCH 2024 |
|---|---|
| Housing | |
| properties f |
|
| Cost | |
| At1April2023 | 1,098,920 |
| At 31lt{arch 2024 | 1,098,920 |
| Amortisation | |
| At1April2023 | 775,504 |
| Charge for the year | 21,978 |
| Al31March 2024 | 797,482 |
| Netbook value | |
| At31 March 2024 | 301,438 |
| At31 March 2023 | 323,416 |
| FOR THEYEARENDED31M 14.Tangible fixed assets |
ARCH 2024 |
|---|---|
| Office | |
| equipmentt | |
| Cost or valuation | |
| At1April2023 | 2,382 |
| At31March 2024 | 2,382 |
| Depreciation | |
| At1April2023 | 2,304 |
| Charge for the year | 20 |
| At 31March 2024 | 2,324 |
| Netbook value | |
| At 31March 2024 | 58 |
| At 31March 2023 | 78 |
| 15.Fixedasset investments | |
| Unlisted | |
| investmentst | |
| Costorvaluation | |
| At1April2023 | 697,67s |
| Additions | 148,545 |
| Revaluations | 8,373 |
| At31March2024 | 854,593 |
| Netbook value | |
| At31 March 2024 | 854,593 |
| At 31lVarch 2023 | 697,675 |
| 2024 t |
2023 f |
|
|---|---|---|
| Duewithinoneyear | ||
| Tradedebtors | 10,437 | 6,711 |
| Prepayments andaccruedincome | 6,601 | 5,877 |
| 17,038 | 12,588 |
| 2024t | 2023 f |
|
|---|---|---|
| Bank overdrafts | 30 | 30 |
| Accrualsanddeferredincome | 52,009 | 26,480 |
| 52,039 | 26,510 |
| Statement offun | ds-current year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balanceat1 | Transfers | Gains/ | 3'll\/arch | |||
| April2023f | lncome L |
Expendituref | in/outt | (Losses)f | 2024t | |
| Designated | ||||||
| funds | ||||||
| Recoupment account |
189,877 | 4,900 | 202 | 11,163 | 206,142 | |
| Cyclicalrepairs | ||||||
| & maintenance | 35,465 | 631 | 36,096 | |||
| Extraordinary repairs |
453,s34 | 21,338 | 122,104 | 15,378 |
612,354 | |
| 678,876 | 26,238 | 122,306 | 27,172 | 854,592 | ||
| Generalfunds | ||||||
| GeneralFunds - | ||||||
| allfunds | 509,080 | 268,777(251,494) | (122,306) | 404,057 | ||
| Total | ||||||
| Unrestricted funds |
1,187,956 | 295,015(251,494) | 27,172 | 1,258,649 |
| Statementoffun | ds-prioryear | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | Gains/ | 31tvlarch | |||
| 1April2022 e |
lncome € |
Expendituret | in/outt | (Losses)f | 2023 € |
|
| Unrestricted | ||||||
| funds | ||||||
| Designated | ||||||
| funds | ||||||
| Recoupment | ||||||
| account | 192,499 | 4,253 | 203 | (7,078) | 189,877 | |
| Cyclical repairs | ||||||
| &maintenance | 36,481 | (1,016) | 35,465 | |||
| Extraordinary repairs |
436,092 | 16,147 | 12,000 | (10,705) | 453,534 | |
| 665,072 | 20,400 | 12,203 | (18,799)678,876 | |||
| Genera!funds | ||||||
| GeneralFunds - | ||||||
| allfunds | 483,300 | 228,807(190,824)(12,203) | 509,080 | |||
| Total | ||||||
| Unrestricted funds |
1,148,372 | 249,207(190,824) | (18,799) | 1,187,956 |
| Summary offun | ds-current year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balanceat1 | Transfers | Gains/ | 31tt/arch | |||
| April2023t | lncome e |
Expendituret | in/outI | (Losses)f | 2024t | |
| Designated | ||||||
| funds | 678,876 | 26,238 | 122,306 | 27,172 | 854,592 | |
| Generalfunds | 509,080 | 268,777 | (251,494) | (122,306) | 404,057 | |
| 1,187,956 | 295,015(251,494) | 27,172 | 1,258,649 |
| Summaryoffun | ds-prior year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | Transfers | Gains/ | 31 March | |||
| 1April2022f | lncomef | Expendituret | in/outt | (Losses) € |
2023 L |
|
| Designated | ||||||
| funds | 665,072 | 20,400 | 12,203 | (18,799) | 678,876 | |
| Generalfunds | 483,300 | 228,807 | (190,824) | (12,203) | 509,080 | |
| 1,148,372 | 249,207(190,824) | (18,799) | 1,187,956 |
| Analysisofnetassetsbetweenfunds-current pe | riod | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2024 f |
2024t | |
| Tangible fixedassets | 58 | 58 |
| lntangible fixedassets | 301,438 | 301,438 |
| Fixedassetinvestments | 854,593 | 854,593 |
| Currentassets | 1s4,599 | 154,599 |
| Creditorsduewithinone year | (52,039) | (52,039) |
| Total | 1,258,649 | 1,258,649 |
| Analysisofnetassetsbetweenfunds-priorperio | d | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2023t | 2023f | |
| Tangible fixedassets | 78 | 78 |
| lntangible fixedassets | 323,416 | 323,416 |
| Fixedassetinvestments | 678,876 | 678,876 |
| Currentassets | 212,096 | 212,096 |
| Creditorsduewithinone year | (26,s10) | (26,510) |
| Total | 1,187,956 | 1,187,956 |