BAKERS, BENEVOLENT SOCIETY
REPORT AND filNANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
CONTEf4TS
Page
Legal and Administrative liifoi'matioii
Report of Tlie Trustees
Actount2nts' Report
Statenient of Compi'ebensive liiconie
Statement of Changes in Reseiyes
Statement of Financial Position
Notes to the Accounts
10-17
Registei'ed Social Housing Pi'ovider Numbej. A1071

BAKERS, BENEVOLENT SOCIETY
LEGAL AND ADMif41STRATJVE INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025
Tlie manageinent coininittee acts as h'ustees for the chai'ity and niaiiage the resoui'ces of the society in
accordance with theii. objectives.
President
Mr J Reiisl)aw
Vice Pj'esidents
Mrs J Spi'ingett (died 2 May 2024)
Mr A Wood
Ms D Cassey
Mi. G Rowledge
Mr P Renshaw
Mi. P Heygate
Management Committee
The ineiiibei's of tlie Managemeiit Coiniiiiltee who served duriiig the year were..
Mr C Tomkins (Chairiiiaii)
Mr C Beaney (Deputy Chairillan)
Mr A Hume
Mr D Hall
Sir G Hickinbottom
Mr P Wilkins
Ms G Tomkins
Mr S Butcher (appointed 22 January 2025)
Clei'k to the Society
Mrs S Pitts Bsc (Hons) Cert. EOLC
Regi5tei'ed Addres5
The Mill House
23 Bakers Lane
Eppiiig
Essex
CM16 5DQ
Repoi'ting Accoulltant
Lori'aine Catherine Purdy FCCA
Clay Ratiiage Sti'evens & Hills
Cliarlered Aceoui)lants
Suite D, The Business Centre
Faritigdon Avenue
Romford
Essex
RM3 8EN

BAKERS, BENEVOLENT SOCIETY
REPORT OF I'HE TRUSTEES
FOR THE YEAR ENDED 28 FEBRUARY 2025
The Ti'ustees, pi'eseiit their report tooetl)er iviili tl)e fiiiancial statemeiits for the year elided 28 February 2025.
Reci'uitnient aiid Appoiiitnient of the Offieei's and Maiiagement Comniittee
Tlie Society shall consist of a President. Vice-Presideiils, Chaii. of Trustees, Clerk and Manageinent
Committee of Ti'uslees.
Tlie President sliall be elected foi. a term of1-7 yeai's al an Annual General Meeting (AGM) aiid Inay be re-
elected for a successive period of 1-7 yeai's.
Vice Presidents shall be elected at an AGM to hold office for a term of 5 years and iiiay be re-elected for
successive pei'iods of 5 yeai's.
The Maiiageiiieiit Coi)iinittee shall coiisist of not more than 18 Trustee Members. Meiiibei's shall be
appointed by the society al AGMS to hold office foi. 3 yeai's aiid any meinbei. may be I'e-elected foi. successive
pei'iods of 3 yeai's. Aiiy vacancy on the Manageinei)I Coinniittee may be filled by the Managen)ei)t
Comiiiittee, ai)y such appointinent beiiig subject to ratificatioii at the iiext AGM of the society and to subsist
only foi. the unexpired poi'tion of the tei'in of the origiiial appointment.
A meinber of the Mai)agemeiit Comiiiittee iiiay be removed by I'esolution of tlie Mai)ageniei)I Coiiiiiiittee or
by a iesollltion of the society passed at an AGM provided that the ineiiiber is given not less than 21 days,
i)otice of tlie inteiitioii.
Trustee Inductioj) and Ti'ainiDg
All trustees al'e faniiliar witli tlie work of tlie society before election and understand what is required before
their election.
Risk Mailagement
The maiiageinent comtnittee l)as conducted a I'evieiv of the majoi. risks to which the society is exposed. Each
year a coiiiprelien5ive business plaii is prepai'ed. The plai) covers wide rangii)g issues such as Healili & Safety
to cliallenges faciiig the society. This strategic planning process ensui'es that sigiiificaiit risks are identified,
and steps taken to mitigate them.
Investment Policy
Tlie society's fuiids will, ii) the sl)ort term, provide financial support to its beneficiaries in accordance with
tlie society's objectives. Iiivestiiieiit also contiiiues to ensui'e that the society's existing l)ousing stock
complies With the Decent Homes Act and funds the continued programme of refurbishment woi'k.
Resej'ves Policy
The Yeseives of tlie society consist of tlie gei)ei'al income and expenditure reserve.
The society has a policy to ensure that the society has sufficient ￿ndS in oi'dei. that pi'edicted works can be
completed and also that the level of resei'ves comply with the Alins-house A55ociation's recommended
practice.

BAKERS, BENEVOLENT SOCIETY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 28 FEBRUARY 2025
Objectives And Activities
The objective of the society is to provide sheltered accoinmodation for i'etii'ed people, who liave. during
their lifetii)ie, worked in the Baking Industry and allied trades.
Tlie society provide5 quality welfare to ils beneficiai'ies in a variety of ways from sheltered accoinmodatioii
to fiiiancial support foi. the purcliase of Inobility aids and essential Iiouseliold itenis. Tlie society also pi'ovides
cliaritable graiits to top up beneficiai'ies, basic goveriii)ieiit pei)sioii5.
Organisational Sti'uctui'e
Tl)e manageiiient coiiiiiiittee, which ineets bi-monthly is responsible for the strategic direction of the society.
Tl)e i)iaiiageinenl coiiiinittee delegates tl)e day-to-day I'esponsibility lo tlie clei'k to tl)e society to ensui'e that
Ilie service provided meets tlie society's objectives of pi'ovidiiig quality welfare and financial support.
Financial Review, Achievements and Performance
The results foi. the yeai. al'e set out in Ilie Stateiiieiit of Coi))prehensive Iiicoiiie oil page 7. An aiialysis of the
society's incoine is shown in Note 3 on page 12. The trustees, considei. the society's affau's to be satisfactory
aiid iii liiie witli tlieir expectations.
The TI'iislees al'e pleased to report a surplus of £122,003 for the year. The residents, contributions for
accomtijodation have fui'ilier ii)Ipi'oved froin £505,359 to £531,128 al'e shoivi) iii note 3 011 page 12. Tlie
Society has improved its waitii)g list and ils ability to fill voids as tliey arise.
Maiiitenance costs Iiave iiicreased froni £12,957 in 2024 to £63,661 in the year as die Society is investing in
i'efurbishing properties as they becoine vacant, in lii)e with tlie De¢eiit Honies Act. There were also new
boilei's ii)stalled iii the cottage block and extensive roof woi'ks wei'e conducted. The Society is foitunale that
the Cliai]Iiiaii of Ti'ustees, Mi. Chi'islopliei. Tomkins. and a I'esident at Bakei's Villas, Mi. Robin Hallen. a]'e
able to uiidertake many iiiaiiitenance ai)d gai'dei)iiig lasks 01) a voluiitary basis.
Plans foi. the Futui'e
The society plans to continue delivering Ilie sei'vices it provides iii the fortlicorning years. Following the
expansion of its range of sei'vices whei'e extra care is offered to qualifying residents, the society is focused
011 niaiiitaiiiiiig its l)igli staiidard with tlie Care Quality Commission.
Following the building of a multi stoi'ey cai. park close and to tlie south of Bakers Villas, the Trustees have
coniiiiissioiied tl)e services of ali independent surveyor to determiiie tlie iiiipact tl)e build and new structure
has had 01) the sile.

BAKERS, BENEVOLENT SOCIETY
REPORT ofi THE TRUSTEES
FOR THE YEAR ENDED 28 FEBRUARY 2025
Plans foi. tlie Futui'e (Coiitinued)
The Society is coiniiiittcd lo iiiiproviiig tlie buildiiigs aiid service5 al Bakers Villas. Tlie Iiousiiig is iiow ovei.
50 years old aijd tlie me¢liaiiical woi'ks aiid boiler systeins foi. ils iiiaiii buildiiig, The Millliouse. al'e lo be
i'eplaced al a cost of £150,000. Tlie Ti'ustees to coiiiinit to these iinpi'oveinents fi'oni resei'ves.
Public Benefit
In setting and reviewing oui. aiins the Trustees have given cai'eful consideration to the Charity Coinmission's
guidaiice on public benefit.
Trustees Respoiisibilities
The Ti'ustees al'e responsible for preparing the report ajid financial statements in accordai)ce with applicable
law and I'egulations.
The Cliarities Act and registei'ed social housiiig legislatioi) reqiiii'es the Ti'ustees to pi'epare accolints for each
financial yeai. whicli give a true and fair view of the state of the Society's affaii's and of tlie surplus or deficit
foi. tl)at year. Iii preparing iliese 3ccouI)Is Ilie coniinittee members are required to..
Select suitable accounting policies and tlieii apply thein consisteiitly.
Make judgeinents and estimates that al'e reasonable and prudei)t.
Prepare the accounts on the going concern basis unless it is inappropriale to pi'esume that the Society
will continue in business.
The Trustees are respoi)sible foi. keeping proper accouiitiiig records which disclose, with reasonable accuracy
at aiiy tinie, tlie financial position of the society. They al'e also i'egponsible for safeguarding the assets of the
society and heiice for taking reasoiiable steps for the prevei)lion aiid deteetion of fraud and other
irregularities.
In determining how amounts are presented witliin tl)e statement of coniprel)ensive income and statenient of
fiiiancial position, the Ii'ustees have liad regard to the substance of the repoited ti'ansaction oi. arraiigei)ieiit,
in accordance witli generally accepted accounting practice (UK GAAP), including FRS 102 'The Financial
Repoi'ting Standai'd applicable in tlie UK aiid i'epublic of Ii'elai)d'.

BAKERS, BENEVOLENT SOCIETY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 28 FEBRUARY 202.$
Tl)is report was approved oil
and sigiied.
Mi. C Tomliiils
Ch4lil'inai) of Ti'ustees
Mi. C Beaney
Deputy Cliaii'man

ACCOUNTANTS, REPORT TO THE TRUSTEI S ON THE UNAUDITED FINANCIAL
STATEMENTS OF BAKERS, BENEVOLENT SOCIETY
FOR TIIC YEAR ENDED 28 fEI BRUARY 2025
We I'cpoi'l on the financial statcnienls of Bakers Bciicvolcnt Society for the year ended 28 Febi'uary 2025 which
are sct out on pages 7 to 17.
Respective J'espoi15ibilities of ti'iistees 3nd i-epoiting 2ecouiitaiits
The Ti'uslees of the Registcitd Social Hoiising Pi'ovidei. are responsible foi. the preparation of the accounts, and
tl)ey coiisidci. tliat Ihe Registei'ed Social14ousing Pi'ovidei. is excnipl fiDni an audit. It is our I'cspoi)sibilit)i to carly
out procedures designed to enablc us to I'epoi'l oui. opinioi).
Opinioii
In oui. opinion..
the accoiints foi. the yeai. elided 28 February 2025 al'e in accoi'dance ivith tl)e accounting I'ecords kept
by tlie Rcgistei'ed Social Housiiig Pi'oviLlei' undei. paj'agraph 135(2)(a) of tlie Housing and Regeiiei'atioii
Act 2008.
having i'egard only to, and on the basis of the infoi'nialion contained in the accounting recoi'ds..
the accounts comply with the requireniei)ts of the Cliai'ilies Act 2011.
the Registered Social Housii)g Providei. has satisfied the conditions foi. exei)Iption fi'om audit of
the accounts foi. the year 28 FebrU￿Y 2025 spccified in section 136(3) of the Housing and
Regeneration Act 2008,.
tlie accounts compl)i ivith thc I'cquii'eineiits of the Housing and Regenei'atioii Act 2008 and the Accounting
Dii'eclion of tlic Regulator of Social Housiiig 2022.
CrtAkn*KQ YL4 ftLH
Lorraine Catliei'iile Pui'dy FCCA
Reporting Accounlaiit
Clay RatnAge Strevens & Hills
Cliai'lered Accountaiils
Suite D, Tlie Business Centre
Faringdon Avenue
Roinfoi'd
Essex
RM3 8EN
Date:
111,, |u)IS

BAKERS, BENEI VOLENT SOCIETY
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 28 FEBRUARY 202S
P4ote
2025
2024
TURNOVCR
Operating costs
OPERATJNG SURPLUS fioR YEAR
800,926
687 930
903,960
628 219
112,996
275,741
Intei'esl receivable
TOTAL COMPREHENSIVE SURPLUS FOR THE YEAR
£122,003
£283,971
No opei'atioi)s have beeii discoi)tiiiued or acquii'ed durii)g the yeai., aiid the amouiits above relate ei)tirely to
continuing activities.
The accoinpaiiying iiotes forin part of the fiiiancial stateineiits.
The Accouiits were approved by the Trustees and signed on tlieir behalf on
by-
31 ooh49y
Mi. C Tomliins (Cllaii'm
n of Ti'ustees)
Mr C Beaney (Deputy Chaxrman)

BAKERS, BENEVOLENT SOCIETY
STATEMENT OF CHANGES IN RESERVES
FOR THE YEAR ENDED 28 FEBRUARY 2025
Income 2nd
expeiiditure
i'eserve
Resti'icted
i'esei've
Total
Balance as al l Mai'ch 2023
1,493,325
1,493,325
Total coiiipreheiisive sui'plus foi. the year
283 971
283 971
BAlanee at 29 Februai'y 2024
£ 1,777,296
£ 1,777,296
Total comprehensive sui'plus foi. the year
122 003
122 003
Balance at 28 Februal'y 2025
£ 1,899,299
£ 1,899,299

BAKERS, BENEVOLEI NT SOCIETY
STATEMENT OF FINANCIAL POSITRON
AS AT 28 FEBRUARY 2025
Notes
2025
2024
FIXED ASSETS
Housiii(F propeities
Office equipinent
Fui'niture and equipnient
2,004,146
3,479
163 567
2.031,153
3,833
2,171,192
2,116,247
CURRENT ASSETS
Debtoi's and prepayiy)ents
Casli al bai)k and in liand
93,531
756 579
850,110
50,841
751744
802,585
Ci'editoi's.. Amounts falling due
within one year
io
NET CURRENT ASSETS
810 826
754 284
TOTAL ASSETS LESS
CURRENT LIABILITIES
2,982,018
2,870,531
Ci'editors.. Ainounts falling due
after mol'e than one yeai.
1082 719
1093 235
TOTAL NET ASSETS
£ 1,899,299
£ 1,777,296
RESERVES
£ 1,899,299
£ 1,777.296
The accompanying notes form part of ihe financial statei)ieiils.
The Accounts were appi'oved by tlie Trustees and sigiied on its bel)alf on
by..
31 odolrf 2ois
Mr C Tomkin5 (Chaii'man
f Ti'ustees)
•rJ
Mr C Be2ney (Deputy Chairinan)

10
BAKERS, BENEVOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR EI NDED 28 fiEBRUARY 2025
LEGAL STATUS
Tlie society is registei'ed ui)dei' the Cliarities Act {Nui)Iber 211307) aiid is ai) exeinpt cliai'ity and
i'egistered witli tl)e Hoines ai)d Conii)iui)ities Agency as a Registered Pi'ovider {Nuiiibei' A1072). It
was established 13, December 1832.
ACCOUNTING POLICIES
Basis ofAecoiiiiliiig
The finai)cial stateinents of the society al'e prepared in accordance with UK Gei)erally Accepted
Accouiiting Practice (UK GAAP) includiiig Finaiicial Repoitii)g Siaiidard 102 (FRS 102) aiid tl)e
Housiiig SORP 2018.. Statenieiit of Recoiiiineiided Practice for Registered Social Housiiig Providers
aiid comply with tl)e Accounting Dii'eclion of tlie Regulatoi. of Social Hoiising 2022.
T14riiover
Tui'iiovei. coi)Iprises reiital iiicome receivable iii the yeai., services supplied, appeal iiiconie and
grants receivable.
vll114e A(Icled T(L¥
I'he company is not registei'ed for VAT and as sucli all expeiises are shown inclusive of VAT.
Filiaiicial liisrfriiiiieiils
The coinpany has elected to apply the provisions of Section I I 'Basic Financial Instruments" of
FRS 102 to all its fiiiancial instruiiienls.
Flnancial iiistriiinents al'e recognised in the coinpany's Balance Sheet when the coinpany becomes
pai'ty to the coiitractual provisions of tlie iiisti'uiiient.

BAKERS? BENEVOLEI NT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
Aceounting policies (continued)
Hoiisiiig Pioperties
Housing propei'lies are priiicipally propeitie5 available for rent and are slated al cost less aiiy
accliiiiulated depreciatioi) aijd iiiipaii'i))eiit. Cost iiicliides tlie cost of acqiiii'ing lai)d aiid buildings,
developnient costs, interest charges incLlI'i'ed dui'ing Ilie developiiient and expenditure incui'red in
respect of iiiiprovements.
linproveinents are works to exislii)g propei'lies which resiilt in an increase in the iiet rental iiicoine,
including a reduction in maintei)atiee costs oi. result in a sigi)ificant extension of tlie useful econoiiiic
life of the propeity
Majoi. coniponents of l)ousii)g propei'ties, sucl) as lifts and ivai'dei) alai'm syslenis, l)ave been
accounted for aiid depreciated sepai'ately fi'oin tlie coiii)ected liousiiig pi'opeity.
Goveriiiiieiii Graiils
Governmeiit grants include grants receivable froiii the Homes and Coininuiiities Agency, local
autlioi'ities, and other govei'tllnent organisations. Govei'ninent grants received foi. l)ousing
pi'operlies are recogiiised as iiicome over tlie useful life of the liousing propeity structure and, wliere
applicable. its iiidividual coinpoiients under the accruals iiiodel.
Depreclrtftoii
Depreciation is calculated to wi'ite down the cost or valuation less estimated residual value of all
tangible fixed assets by equal ani)ual ii)stalments ovei. their expected useful lives. The rates and
periods generally applicable are..
Housing Properties
Office Equipinent
Furnitiii'e and Equipment
Integi'aled Featui'es
l /0 Straiglit line
200/0 Straight line
20 % straight line
l O % straight line
Allocalioii of Eipeiises
Expenses are allocated to maiiagenient, I'epaii'5, and service costs on the basis of the propoi'tion of
tiiiie or other relevai)I factoi's attributable to these activities.
Operotiiig Lenses
Rentals payable uiidei. operatiiig leases are charged to iiicome aiid expenditui'e on a slraight-line
basis over the lease tei'm.

12
BAKERS, BENII VOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
TURNOVER
Turiiover received iii the year..
2025
2024
Residents, contributions
Residents, sei'vices
Appeal aiid graiit inconie
531.128
250,533
505,359
232,286
166315
£ 800,926
£ 903,960
OPERATING SURPLUS
Operhtiiig surplus is stated aftei. charging..
2025
2024
Accountaiils, reiiiui)eralion
Depreciation of owned assets
5,100
£ 53,105
5.100
£ 43.553
INTEREST RECEIVABLE AND SIMILAR INCOME
2025
2024
Bank deposlts
£ 9,007
£ 8,230

13
BAKERS, BENEVOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
EMPLOYEES
Tlie average Iiuinbei. of persoiis eniployed during Ilie year, expressed iii full tiiiie equivalei)ts
(i.e.35 liours pei. week) was..
2025
2024
Admii)istratioi)
Welfare
Diiiing I'ooiii
Housekeeping
13
13
The full time equivalent numbei. of staff who I'eceived remunei'atioii of mol'e than £60,000 in tlie
year was l (2024- 1).
Einployees costs were as follows..
2025
2024
Wages and salai'ies
Social security costs
Peiisioii costs- Defined Contribution Scheme
334,817
20,297
327,762
25,985
£ 366,866
£ 359,721
The Aggregate reinuneratioii for key maiiageineiit perso[￿e1 charged iii the year ts:
2025
2024
Basic salary
Pension costs
£61,012
£6,821
£61,542
£1.321
During the year, the trustees of tl)e society received I'eiiiuiiei'ation of £Nil (2024 - £Nil)

14
BAKERS, BENEVOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE yll AR ENDED 28 FEBRUARY 2025
TANGIBLE FIXED ASSETS
Soei81
Housiiig
Pi'opei-ties
Fui'nitui'e
Aiid
Eqiiipmeiit
Office
Equipment
TotHI
Cost
At l March 2024
Additions
Disposals
At 28 fiebruai'y 2025
Depi'eeiation
At l March 2024
Chai'ge foi. the year
Depi'eciatioi) 01) disposals
2,700,735
56,897
954
342.359
107,096
3,099,991
108,050
2 700 735
449 455
3 208 041
669,582
27,007
53,064
1,308
261,098
24,790
983,744
53,105
At 28 February 202
696,589
54,372
285,888
1,036,849
Net Book Value
At 28 Febi'uary 2025
2.004,146
3.479
163,567
2,171,192
At l Marcli 2024
2,031.153
3,833
81,261
2,116,247
INCOME TAX AND VAT
The society lias cliai'itable staWs and is exempt fiom Inconie Tax on the income it has received.
The society is not registei'ed foi. VAT. Accordingly no VAT is charged to residents, and expeiiditure
in the Statenient of Compi'eliensive Income includes the relevant VAT.

15
BAKERS, BENEVOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
DEBTORS
2025
2024
Relit receivable
Pi'epayinents and accrued income
84,244
45,485
£ 93,531
£ 50,841
io
CREI DITORS: AMOUNTS FALLING DUE WITHIN ONE
YEI AR
2025
2024
Reiits aiid deposits paid in advance
Oiliei. ci'editors
Acci'uals and defei'red gi'ant income
7,347
1,561
8,312
1.662
£ 39,284
£ 48,301
CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
2025
2024
Deferred grant/donation income- various
Deferred grant ii)coine- Social Housii)g Graiit (Note 12)
10,990
1071729
6,868
1086 367
£ 1,082,719
£ 1,093,235
12
DEFERRED INCOME: SOCIAL HOUSING GRANT
2025
2024
At l March 2024
Grants received ii) the year
Released to incoine in the year
1,101,005
1,115.643
At 28 February 2025
£ 1,086,367
£ 1.101.005
Aniouiils to be released withii) one year
Amouiits to be released in Inore than one yeai.
14,638
1717 729
14,638
1086 367
£ 1.086,367
£ 1,101,005

16
BAKERS, BENEVOLENT SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
13 CASH FLOW FROM OPERATIVING ACTJVITJES
2025
2024
Casli floiys fi'om opei'lltiiig activities
Opei'aling sui'plus froiy) Ilie yeai.
Adjustmeiit for 11011-casli iteins:
Depreciation of tai)gible assets
(Increase) I deci'ease in trade and othei. debtoi's
Deci'ease in ti'ade ai)d oiliei. creditors
Interest receivable
Pui'chase of tangible fixed assets
112,996
275,741
53,105
{42,690)
(19,533)
9,007
108 050
43,553
19,558
{22,794)
8,230
Net change in cash Aiid cA5h equivalent
4,835
3] 9,762
Cash and casli equivalent at beginning of the yeAr
751744
431982
Cash and cash equivalellt at end of the year
£ 756,579
£ 751,744
14
HOUSING STOCK
Units undel. manAgement
2025
2024
Sheltered Aceommodation-
Number of Units
Epping
Single flat
Cuslomised single flat conversion
Single buiigalow coiiversioi) witli bedroom
Double flat
Double bungalow
Refui'bisl)ed flat
Total uiiits
12
12
13
13

17
BAKERS, BENEVOLEf4T SOCIETY
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
15
RELATED PARTIES
Tlie society paid a total of £4.649 (2024- £3,319) to DRP Plumbii)g foi. sei'vices dui'iiig Ilie year. a
busii)ess coiilrolled by a I'elative of the Clerk to the society, Mrs S Pitts.
16
CONTROLLING PARTY
Under tl)e Rules of tlie society, the Management Coiiiiiiittee. as appointed fi'oiii tiine to tinie, is
deemed to conti'ol the society.
17
EXCEPTIONAL INCOME
The Society is due to receive ai) exceplioiial oiie-off financial receipt iii the yeai. elided 28
February 2026. This I'eceipl ai'ises from a coiifidential agreeineiit, the tei'ms of which I'esh'ict
furtlier disclosui'e i'egai'diiig its oi'igiii ai)d specific iiature. Tliis ii)come will be used towards tlie
cost of the Millhouse boiler house i'efurbishment.