| Page | |
|---|---|
| Referenceand AdministrativeDetails | 1 |
| Trustees'Report | 2-3 |
| Independent Examiner'sReport | 4 |
| StatementofFinancialActivities | 5 |
| Statement of FinancialPosition | 6 |
| Notesto theFinancialStatements | 7-L2 |
| The followingpagesdo notformpart ofthe statutoryaccounts | |
| Detailed StatementofFinancialActivities | 73-74 |
| Trustees | MrPWest-Chair |
|---|---|
| Mr SBonomy (appointed25/03/2026) | |
| lYsIGibson (appointed25/03/2026) | |
| lYrECook(appointed 79/06/2025) | |
| MrALockwood | |
| Ms B Walker | |
| Ms LlYccirr (resigned05/05/2026) | |
| Ms NKeen | |
| MrRWest | |
| Mr CMedlicott | |
| Ivls lvlHunter | |
| Ms SThorne | |
| MsRBraid | |
| MrJ Bonomy (resigned19/06/2025) | |
| Charity Number | 27t528 |
| PrincipalAddress | RomneyHouse |
| CliffRoad | |
| Hythe | |
| Kent | |
| CT215XA | |
| IndependentExaminer | DanielPayneFCCA |
| Beresfords | |
| Chartered Certified Accountants | |
| 1-2 RhodiumPoint | |
| SpindleClose | |
| Hawkinge,Folkestone | |
| Kent | |
| CT1B7TQ |
18th June 2026
26th June 2026
| 2026 | 2025 | ||
|---|---|---|---|
| UnrestrictedUnrestricted funds funds |
|||
| Notes | EE | ||
| INCOMEANDENDOWMENTSFROM: | |||
| Donations andlegacies | 3 | 72,258 | 60,000 |
| Investments | 4 | 743,979 | 736,811 |
| Other | 5 | 350 | |
| 156,587 | 796,877 | ||
| EXPENDITURE ON: | |||
| Raisingfunds | 6 | (1) | |
| Charitable activities: | 6 | ||
| Folkestone MunicipalCharity | (1s0,404) | (149,038) | |
| (1s0,40s) | (149,038) | ||
| NETINCOMEBEFOREINVESTMENTGAINS | 6,182 | 47,839 | |
| "Net losseson investments | (92,473) | (79,e8s) | |
| NETINCOME | (86,291) | (32,L46) | |
| NET MOVEMENTINFUNDS | (86,2e1) | (32,746) | |
| RECONCILIATIONOF FUNDS: | |||
| Totalfunds brought forward | 4,577,9844,604,730 | ||
| TOTALFUNDSCARRIED FORWARD | 16 | 4,485,6934,577,984 |
Folkestone Munlclp•l Charlty statement of Flnanclal Posltlon As At 31 March 2026 2026 2025 Unre•trlcted Total fund• pxxeD AsseTS Ix 12 I68.10 168.500 4,128,422 4,220,895 4,2%,922 4,389,395 CURAEMT USeTS D•btor¥ Investrnents Cash •t b)nk •nd In hand 34,241 29.471 126,258 32,180 14 152,178 189,970 184,358 Cr•dltw&' Amwnt• P•lllng Du• Wlthln On• Y••r (1.199) {1,769) Nrf CUAAIIIY A•Sm (LIA•ZLmis) 188,771 182,589 4,485,693 4,571,984 4885,693 4,S71.984 FUNN IXI The CHAIITrY Unr•stdct•d Funds 4,485,693 4,571,984 TOTAL PVMDS 4,485,693 4,571,984 On b•hall ol ts boayd Mr P West Dat• 18th June 2026 Th• not•$ on pag•• 7 to 12 lomi pfyrt ol th•* fin)r1
| .IncomefromDonations andLegacies | ||
|---|---|---|
| 2fi26 | 202s | |
| UnrestrictedUnrestricted | ||
| funds | funds | |
| EE | ||
| Legacies | t2,2SB | 60,000 |
| Legacies 4.InvestmentIncome |
t2,2S | B | 60,000 |
|---|---|---|---|
| 2026 | 2025 | ||
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| E | E | ||
| Bankinterestreceivable | 2,552 | 2,770 | |
| Interest frominvestments | 13,388 | 9,579 | |
| Dividendsfrominvestments | 123,989 | 720,478 | |
| Rents receivedfrominvestment propefties | 4,O50 | 4,050 | |
| L43,979 | t36,877 |
| 2026 | 2025 |
|---|---|
| Unrestricted | Unrestricted |
| funds | funds |
| e | E |
| 350 |
| 6.Analysis of Expenditure | 2()26 | |||
|---|---|---|---|---|
| Grant | ||||
| Activities undertaken |
funding of activities |
Support costs |
||
| directly | (see note7) | (see noteB) | Total | |
| E | E | E | E | |
| Raisingfunds | 1 | 1 | ||
| FolkestonelvlunicipalCharity | 67,192 | 75,640 | 7,572 | L50,4O4 |
| 67,792 | 75,640 | 7,573 | 150,405 |
| 202s | |||||
|---|---|---|---|---|---|
| Grant | |||||
| Activities undertaken |
fundingof activities |
Support costs |
|||
| directly | (see note | 7) | (see note8) | Total | |
| C | E | E | E | ||
| FolkestoneMunicipalCharity | 76,008 | 65,5s8 | 7,472 | 149,038 | |
| 7.GrantsPayable | |||||
| 2026 | |||||
| Grantsto | Grants to | ||||
| Institutions | Individuals | Total | |||
| E | E | E | |||
| FolkestoneMunicipal Charity | 35,300 | 40,340 | .75,640 | ||
| 2()25 | |||||
| Grantsto | Grants to | ||||
| Institutions | Individuals | Total | |||
| E | E | E | |||
| Folkestone MunicipalCharity | !4,944 | 50,6L4 | 65,558 | ||
| Grantspaidtoinstitutions/included above, areasfollows | |||||
| 2(J26 | 2025 | ||||
| E | E | ||||
| Folkestone Rainbow Centre | 20,000 | 5,444 | |||
| Folkestone Town Council | 500 | ||||
| TownMajorsChristmasFund | 10,000 | 8,000 | |||
| StrangeCargoArts | 2,300 | 1,000 | |||
| TheFolkestone LeasLiftCompany | 3,000 | ||||
| 35.300 | L4,944 | ||||
| B.SupportCosts | |||||
| 2026 | |||||
| Folkestone | |||||
| Raising | Municipal | ||||
| funds | Charity | Total | |||
| E | E | E | |||
| Generaladministration | 1 | 5,859 | 5,860 | ||
| Governance costs | L,7L3 | 1,7t3 | |||
| 1 | 7q-7) | 7,573 |
| 2025 | ||
|---|---|---|
| Folkestone | ||
| Municipal | ||
| Charity | ||
| E | ||
| Generaladministration | 5,401 | |
| Governance costs | 2,077 | |
| 7,472 | ||
| 9.Independent Examiner's Remuneration | ||
| 2(J26 | 2025 | |
| e | E | |
| Independent examination of the financial statements | t,zo0 | 7,642 |
| 10._AverageNumberofEmployees | ||
| Average number of employees during the yearwas:NIL(2025:NIL) | ||
| 11.InvestmentProperty | ||
| 2026 | ||
| E | ||
| Fair Value | ||
| Asat1April2025and31March2026 | 168,500 | |
| 72.Investments | ||
| Listed | ||
| E | ||
| Costor Valuation | ||
| Asat1April2025 | 4,220,895 | |
| Revaluations | (92,473) | |
| Asat31 March2026 | 4,728,422 | |
| Provision | ||
| Asat1April 2025 | ||
| Asat31March 2026 | ||
| NetBook Value | ||
| Asat31March 2026 | 4,728,422 | |
| Asat1April 2025 | 4,220,895 | |
| 13.Debtors | ||
| 2(,26 | 202s | |
| E | E | |
| Duewithinoneyear | ||
| Other debtors | 34,247 | 32,180 |
| 14.Current Asset Investments | ||
|---|---|---|
| 2026 | 2025 | |
| 2 | E | |
| Shorttermdeposits | 29,477 | |
| 15.Creditorsi Amounts FallingDueWithinOneYear | ||
| 2026 | 2(J25 | |
| E | E | |
| Accrualsand deferredincome | t,799 | 1,769 |
| 16.MovementinFunds | |||
|---|---|---|---|
| Asat1April 2f)25 |
Income | Asat31 ExpenditureMarch2O25 |
|
| e | E | EE | |
| Unrestricted funds | |||
| ,_General: General unrestricted fund |
4,571,984 | 156,587(242,878)4,48s,693 | |
| Total funds | 4,571,984 | 156,587(242,878)4,485,693 |
|
| Asat1April 2024 |
Income | Asat31 ExpenditureMarch 2025 |
|
| E | E | EE | |
| Unrestricted funds | |||
| General: | |||
| General unrestricted fund | 4,604,730 | 196,877(229,023)4,57t,984 |
|
| Total funds | 4,604,130 | 196,877(229,023)4,577,984 |
| Nameof trustee | Legalauthority | Remuneration | 2026 Total |
|---|---|---|---|
| EE | |||
| Ms MHunter | Governing document |
300 | 300 |
| provision |
rarelatedentity: |
|||
|---|---|---|---|
| Nameoftrustee | Legalauthority | Remuneration | 2025 |
| Total | |||
| E | E | ||
| Governing | |||
| Ms MHunter | document | 300 | 300 |
| provision |
| 2()26 | 2tJ2s | |
|---|---|---|
| Total | Total | |
| funds | funds | |
| E | E | |
| INCOMEANDENDOWMENTSFROM: | ||
| Donations andlegacies | ||
| Legacies | 72,258 | 60,000 |
| 72,258 | 60,000 | |
| Investments | ||
| Dividendsfromother fixed asset investments-listed | 723,989 | 720,478 |
| Interest fromother fixed asset investments-listed | 13,388 | 9,579 |
| Rental incomefrominvestmentprope*y | 4,050 | 4,050 |
| Bankinterestreceivable | 2,552 | 2,770 |
| L43,979 | 136,877 |
|
| Other | ||
| Compensation | 350 | |
| 350 | ||
| 156,587 | t96,877 |
|
| EXPENDITURE ON: | ||
| Raisingfunds | ||
| Sundryexpenses | (1) | |
| (1) | ||
| Charitable Activities: | ||
| Folkestone Municipal Charity | ||
| Reliefinneed | (67,792) | (76.008) |
| Grantstoinstitutions | (3s,300) | (14,944) |
| Grantstoindividuals | (4O,340) | (50,6 14) |
| Computer softwarecosts | (13e) | |
| Printing, postage and stationery | (te) | (23s) |
| Legal fees | (436) | |
| Bank charges | (7o1) | (66s) |
| Sundryexpenses | 2 | (1) |
| Honoraria | (4,s00) | (4,s00) |
| Trustees'fees | (300) | (300) |
| Trustees'expenses | (183) | (t2e) |
| AGM/board meetingsexpenses | (30) | |
| Independent examiner'sfees | (1,200) | (t,642) |
| (75O,404) | (149,038) | |
| (1s0,40s)(i49,038) | ||
| .CONTINUED |
| NET INCOMEBEFOREINVESTMENTGAINS | 6,782 | 47,839 |
|---|---|---|
| Netlosseson investments | ||
| Fairvalue deficit on revaluationofinvestments | (e2,473) | (7e,e8s) |
| (92,473) | (79,98s) | |
| NET EXPENDITURE | (86,29r) | (32,146) |