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||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|
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|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|
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|||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|
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||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|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2024t|2024f|
|Donations|50|50|
||Unrestricted|Total|
||funds|funds|
||2023t|2023t|
|Donations|,,,*|1,115|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||2024f|2024t|
|Provision of accommodation|262,642|262,642|
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|||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|
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|||Unrestricted||
|---|---|---|---|
|||funds|Total|
|||2024t|2024f|
|Provision|ofaccommodation|251,494|251,494|
|||Unrestricted||
|||funds|Total|
|||2023t|2023t|
|Provision|of accommodation|190,824|190,824|
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|||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|
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||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|
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|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|
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||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|
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|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|
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|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|
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||2024
t|2023
f|
|---|---|---|
|Duewithinoneyear|||
|Tradedebtors|10,437|6,711|
|Prepayments andaccruedincome|6,601|5,877|
||17,038|12,588|
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||2024t|2023
f|
|---|---|---|
|Bank overdrafts|30|30|
|Accrualsanddeferredincome|52,009|26,480|
||52,039|26,510|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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