REasrERED COMPANY NUMBER: (tt120458 {En4land arhd Wale51 REGISTERED CHARITY NUMBER: 212220 Re rt of Trustee5 and Unaudited Fi 25 the Irmlust ThL¥ne Wid8eryAccaUntaY Lid Chartered ACcntants 2 Vfyeyale Bus(ness Park Klngs Acre Hereford Hereford5hire HR4 7BS
Hereford Societ In Ai Contents of the Flnatxlal Statennts ReNirt of the Tru5t&S Irendent Exarninerfs Repxt Statement of Financial *£tivities Balan Sheèt Notes to the Finala1 statents 9 to 14 Detailed Statement of Finalat tltieS 15
Hereford Societ forAidin InthstrirAJ5 Re rt of the Tnjsiees for the Year Ended S A 12025 The tnjstees who are also dtrectcn of the tharlty for the pur of the Companles Act 2Cth, present thelr rerA)rt th the flnandal staternents of the charity for the year ended 5 April 215. The trustees have ath)pted the prowslo of Accounting and R¢wrtlrtr4 by Charftles: State[rt of ROMrrD¢ Practi applicable to chthtles preparfng thelr accaunLs in accordarKe with the FinaKial Rewjrtirfj Standard applicable in the UK and RewNk of Ireland IFRS 1021 (effective 1 Jawary 20191. oWEIvEs AND ACTivmES The objectives of charity are: lal To improve the con(thtior of p( and io relleve poverty in the City of Hereford a1 its nei8N)ourk¥Jd IwhKh expressk)n shall In th15 clause irKiude extent of yjburbs and surroundi, or adjoinlw. ttntry as the Sttiety May frcffi t1rne-to-tin think flti. Ibl To thatlon in the C7ty of Hereford and Its r7ghtUrhD[yJ. Icl To promote th other actiwtie5 for the of ithabitants of the City of Hereford arttl Its nelghEoJrFKy)d a5 are chthtable as Society rnay fr(xn to tlrre decide. Idl FLY the purp¥)se of frTIng any of the objects aforesald and subject ro condtlons Inwed by law to exerose any of follTh9 PK)wers:. 111 To Kwlre and land of amy nUre In ETréland aThJ Wales. Illl To sell, let, relet, Lease, extharNe. manage, irnwove, develop, rnortgage cf othetwse deal with the whole or any part of prokvty of the Soaety and to invest hthole or ary part of of the Society In or sh InvestnMt5 a5 may frorn lime to tin be determined. Illil To borrow or rai%e by charge, rTr)rtgage. debentwe or othemse, of all or any part of the WDFerty of the lety. livl To erect, alter, fit up, furnish and maintaln tlin95 and premises. Iv) To charge each Occwjler of Homes of the Sodety a weekly Sum toward5 the c05t of mainiaining the Home5 and the e$5ential service5 therein of an ann¢ as nKiy be apwoved from tlme to tIn by the Charfty c0rnrnissiL. I) To assist by gJbscrtpik)n or otheM3e any other charitsble organ15ali¢M with any object or objects similar to any jerts of the SrKiety. liil To promote or fcTh, assist or amalgamate w5th any other knety or Company fOrd for charitable purposes only having objects s?milar to any of objects of the Soclety and to take or othemse acwire any shares or interest in any or ({phnY. The princlpal areas of actitY are.. and loans to iTrJivithJa15 di5piayn8 an Industrious nature aThJ seccfidly. nMintaining and admlnlstering the alrrthouse5 at Venns Close, Friars Street and 24 St jan Road. The Society also makes donatlons to indu5triws Herefd5h1re charities preferrirs to donate to 4)ecrflc projects rather Lhan runnlng costs. Page 1
Hereford Sctlet Aldn the Industrlo of Trustees for Year Ended 5 A "12025 ACHIEVEMEKfs AND PERFOPMANCE OTh completion of the fOishnt of the almshj$e at Frlar Streèt, all propÈrtk at Venns aogè and Frfar Street 11 have been up-dated. Two fiats at St Jame5 Road (1 rewlre refWbishDE in the luture en they beco vacant. The Main1ae costs have agaln thls year been hlgher than [rMaL due to vacant txopertie5 but rert sear it is envlsaged costs 11 be less. The eId1 (ultant contth to provlde an elient Propwty MaintenarKe Review each year to Ilr iru5tees th prvvides an up.thle on tIE wndltlon of the a1rn5hou5e5 and hlghllghLS any p¥)ntIal mainienaKe i55L 140 further progre55 1&4s been made regard to entrance of St Peters &Jrfal Grjd and the Chalmian confjns to pursue Hereford CowKil over the refurb15hment of Comnvclal Road. There has been an increase in grant applicants this year ¥thkh has been the result of the Secretary and Tru5tee5 attendln8 FurK11 Day Fayyes to promote the grant elent of the knlews VY)rk. The Secretary 15 a of the Herefordshi Funders Grujp whkh Is provlng to be benefklal the kniety. The knlety contknue5 to 5UPIKrt local charities and the Trustees have agaln ihls year glven donatlons LhE Friend5 of Blathfrlars Rose Garden5 and VtyePlay. PUBLIC BENEF SCHEME The &)dety has thrOtr year given due regard io the publlc bereflt of the chartty. In partlcular, the chat1ty ha5 assisted by way of donation and loan to iThlu5lricyJs lThdfvl¢Jais. a(fvae educatk)n and pronK)ted other aCtItIeS for the berefit of the locality. The charlty also Contlnues to Ynvest and inprove its hw51ng 51cKk with a viert to providiro accomrn(Mlation of a hT8h standard and an independent way of Ilfe for radents of HerefrAd City and yJrrtyJndlng areas who may not OthelSe be able ¢0 enjoy Sh faalltle5. Page 2
HerefcKd societ forAi(lin
InthJstriOU5
Re rt of the Trlee5
for the Year Ended S A
12025
FINANCIAL REVIEW
The flnaffts are eWed by the Commitiee at thelr rTh)nthly EYetlnB$, In addltlon the Chalnnan and Secretary meet
fortnightly to rronitor and adrninister the finarKe5. Stocltsokers athise In thelr professlonal capadty.
Stsffin8 eosts are eloly nx)nltored arJ the Secretary ¢tIn to receive temporary athninistrative assistsnce when
ired, apwoved by the Chalrnmn.
The prirKipal fundir8 SrceS are Weekly Malntenance Contrlbutlorfj and Incon from Inve5trnents.
Investment power5 and licY
uer Ilemorandum aThJ Articles of As9xlation, the charity has pjwer to invest.
A mlnknaL Is [d In ttt ¢harity5 a¢(wnts, Jny wrplus bel trnn5ferred ¢0 a dep¢tsll a((ount (d with
Re
Herefrxd SrKiet for Aidin tlr Industriws of the Trustees for the Year Ended 5 A I 2025 srRucfuRE, GOVERNANCE AND IiINAGEMEKr APPOIntnt of Trustees As set ¢yJt In the Artlcles of Ass(tlatlon the chalr of the Commltiee and tWU5Lees are eierted arKI serve until resignation, death or vote of a majotity of two-thlrds of Members of the Commlttee present artd votirg al SFedal Meetlfig of the Commfttee. The trurtee5 have rTher5 to tt&.opt rrrrrtrs if required. Trtee Inthcikni and tralnlThJ New Tru5tee5 are briefed on the responsibilities and nndgefft of tr Charfty as set out In Nmorandum and ArtKles of Association, athlsed of the commfttee and ded0Tr.Makl process, and recent f1mal pttforrnante of tharfjty. Or8anlsatign The Board of Trustee5. cuirertiy 9 in nurrt)er, athinisters the charity. The PA)ard nEets nKThthly and there fs an InNE5tment %.commfjttee who rreet when rewlred to dtscu55 Investments and finarKes. A Secretary Is apInted by the tru51ees to manage the day.to.day owation5 of the S(Kiety. To facilitate effective OFeratIo, the Secretary has delegated authority, wthin terms of delegation awjroved by the trtee5 and In cOrLtat)n wlth the Chalmian. Related partles The Society adrnknlsters three sets of alrkn and has apwlnted a &JlLthry C(thsulw)t to overe the maintenaKe of these in corksultation with the Secretary aj the Chairman when necessary. IXrector5 Tru5t8e5 The dlrectors of the charftable mrnpany (the charftyl are its trustee5 for the purFose of chamiy law arK1 thr(wlt IM$ t)rt are collectlvely refetyed to as the tru5tee5. The trustees serving durfng the year and SIn the year-end as follows: Hereford kndety for Afdirw the Indu5trfLWJ5Norninated Chainnan: H G M Bricknell (apinted 16th Septemter EIKted Ttee5. M Jones Ideceased 13th *prll 20251 H G M Bricknell C R George Mrs J E 0'DOnlI R G V Weston T Nellist J Diiion Mrs L A Seal hlrs M Fox hlrs E Lever lappolnted 15th July 2ff241 5ecretarr. Mrs S J RcertTr REFEREN AND ADMINISTRATNE AlL5 Rellistered Company number tTh))20458 IEn8iand and Wales) Reglstered Charlty nurthr 212220 Reglstered office 18 Venn5 C105e Bath Street Hereford HR12HH Page 4
Hereford Societ for Aidi the InOJ5triou5 Re rt of the Trustees for the Year En¢kd 5 A Tnt••5 C R George H G M Brlckneil Mrs J E O'Donnell M J Jones Ideceased 13.4.25} R G V Weston T G Nelllst J R Dlllon hlrs M Foxton Mrs L A Seal Mrs E A Lever lapkW)inted 15.7.241 chalrn H G M Brickneil Cwry Secretary Independent Examiner Thorne Wldgery Accountary Ltd Charted Accoun 2 Wyevale $11$$ Park Kirg5 Acre Hereford Hereford5hire HR4 78S Solicitor5 Larnte Corner 36137 Bri¢e Street Hereford HR4 9DJ Investment Advls•rs RedmayntrBentley LLP 36137 Bri(e Street trkreford HR4 Bank•rs Lloyds Bank plc trligh Town frOrd HRI UE proved byonJer of the board of trustees on .......... and signed on its behalf by: Page 5
Inde n¢ Exam1$ Re Fkneford Sc(iet for Aidin he InthstrioJs to the Trustees of Independent examlner's report to the tru5tee5 of Hereford Sc£lety for Althng the Industrlous I'the Conyny.) I rep(t to the charity trustees on examfnation of the accojnts of the CY f¢y the year ended 5 Aprtl 2025. Respor6lbllltl•s and basls of report As the chariW5 tfUStee5 Qf the Cornpany land a150 its director5 for tlp of lawl are re5pwsible for the Fryaraiion of the account5 in accordance vrith the rerylirets of Coryanm Acl 20J6 ftlE ZCU Act'l. Havlng satisfied ryself that the accujnts of the CornFkiny are not required to be authted unthr Part 16 of the 26 Act and are eilglble for Independent examlnatk)n, I report In respert of my examinat[ of wur tharltys accwnts as carried under Seclv)n 145 of the Charitie5 Act 2011 I'lhe 2011 Aci'l. In carrying out my exarnination I have fcllowed the Dlrtttkxb 8fven by the Charlty Commlssfon unthr 5etilon 145151 Ibl of th2 2011 Art. Independent examlner's 5taternent I have cornpleted my exarniTration. I confirm that matters have come to my attentxffl in connection with the examlnation me cause to bdieve: accwntln8 records were rKbt kept in respKt of Compary as rewired try SectTh 386 of the Art. or Kcounts do acwrd with th records" or aCcnts do fK•t comFly the accountir% reqvirenEnts of SectDTr 396 of 2(X16 kt ots than any reqjirernent that the accourts give a true and falr whfjth 15 ntst a matter ccn51dered as part of an indepent examinatiDn' or t1 account5 ha not bew prepared in accordance Etxts arKI princlpie5 of th? Statemwt of Recommended Practice for accounling arxl rep)rting by charits lapplicaL4e to charitie5 preparing their accounts in accordarKe with the Fala1 Rekxlrtlng Standard akvllcable In UK and RewblK of Iwpland IFRS 10211. I ha concerns and have C across rK) otlw matter5 in Cre(Jn th examination to whith at170n shwld be drawn In thls rep)rt in order to enable a proper undersiaTrthng of t1 Counts to te reached. Lisa Weaver FCC The knttlatlon of ChartaEd Certlfled Accountants ThorneWld8ery Attthjntsw Ltd Chgrtered kcountsnts 2 Wyevale PAJ51ne5s Park Kings Acre Hereford Herefordshlre HR4 7BS Date: .. Page 6
Hereford &Kiet fLY Aithn the In(knstriOUS Stalement of Financial ACtItIeS Incor ratln an Income and Ex nthture Acc¢yJnt for Year Ended 5 112025 5.4.25 Total I5 5.4.24 Total fd5 un$t11cl Restricted funds fund Note5 IIKOME AND ENDOWIAEtrifs FROM Charttable actmtles AirnshNJse Mainlenan 134,986 134.9e*J 121.737 Investment irKome 35,999 35,999 33,582 Total 170,985 170,985 155,319 EXPEMtXTURE ON Rafslng funds 7,471 7.471 5,828 Charft4bte tIvItIeS 227.359 227,359 130,842 Total 234,830 234,830 136,670 Net gainslllossesl on inVesnts 10,782 10,782 12.1391 INCOIAEI{EXPENDITUREI 153,0631 153.C63 16.510 RECONaLMTION OF FUNDS Total fuThh brnght folward 1,165,849 1,165,849 1,149.339 TOTAL FUNDS CARRIED FORWARD 1.111,786 1.112,786 1,165,849 Th¢ notes form part of tlw ffnarKlal statements Page 7
Hereford Slet for Aiithn the Industiious stered nurntser: OC020458 Balance Sheet 5.4.25 5.4.24 FIXED ASSErs Tangible assets Investments 175,0(k) 931,139 175.( 962,969 1.106.139 1.137,969 CURRENT ASSErs DebtDrs Cash at bank and In hand 10 3,962 17,970 6.441 28,514 21,932 34.955 CREDITORS kn)unts falllnB wlthln year 115,2851 17,075 CuRRASsEr5 6.647 27.880 TOTAL ASSETS LESS CURRENT UABILrriES 1.112,786 1.165,849 1,112.786 1,165,849 FUNDS 13 1.112,786 1,165,849 TOTAL FUNDS 1,112,786 1.165,849 The charitable company 15 entiiied to exernion from audit under Seclujn 477 of the (CnanieS Act 21X)6 for year ended 5 Ppml Z025. The rrerters haNE required to obtain an audit of its fInala1 staterrnts for the year ended 5 April 2025 in CordanCe7th Section 476 of the (npanIeS Act 2(MA. The trustees ackTh)wiedge ye¥slI1t1eS for ensuring that the charitable company keeps accountin4 reccf(& thal cpIY with SKliJns 386 arKI 387 of the Conynles Act 2(K)6 and pPartrO flnandal staterfftnts wthl¢h glvè a trtje and falr tW of State of affair5 of the charitable company as at the end of each finanaal Star and of Its 5urpiu5 or ¢Jefldt for each fInala1 year in accordarKe w(th the requlrernents of Sectkjns 394 and 395 and hthlch otheThAse cornFly the requlrements of the Companles Act 2LX)6 reiatlng to flnwKlal statslrts, so far as appllcable to charitaNe cornpany. The flnandal statenmts haNt been prepad fn aCcOrdae the p910$ aFfJlltrdble to thatatre cornyante5 yJbject to lh2 5rnall companie5 reg11T. The fin ial statements re arproved by the Board of Trustees aUtIrised for Iswe on and we slsned on ft5 behalf by. rfcknell - The note5 fomi part of these financlal statenmts Page 8
Hereford Societ for Aldin the Indu5trioLLS tes to the FlnaTKlal StateThnts for Year Ended 5 A .1 2025 A(COUPING POLICIES Bas15 of preparfn¥ the financfal statements The financial staternents of chariiable cornpanyj which 15 a public benefit entity under FR5 10Z, have teen prepared in accordance with Charities SORP IFRS 102I'Accounting and Rep)rting by Charities: Statement of Recotnrnen<Èd PracLlce ar4)Ilcable to charitie5 preparirq their accounts in accordance with the FinarKial Rerting Siandard aFplltable In the UK arKI Rewbiic of Ireland IFRS 1021 (effective l January 20191., F¢nanclal Rep¥xting Stafidard 102 The Finarlai Reportiry Stan¢Jard applicable tn UK and RewtlK of Ireland and Companies Att 2(M)6. The flnanclal statement5 have been prepared un&r the historical cost convention, the exptIoft of Investrwts whkh are Included at rrorket vaW. as modified by the revalUan of certaln assets. Golng concern The Trustees have conslLthd the fure of the organisation in Light of the current ecoromic climate wlth islng costs. Ix)weYer to It5 nature, tlr irKorrt wll not be atrersely affected arKI there was a need to cut costs there are a5 wIEre saTrAng5 In expendlture caTh be made in the short to methum term. [e to ft0$. the Trustee5 believe the oryani5ation is a going concern for the foreseeatrAe future of at least twelve months from date of sisnin8 these fironciai staterrenls. Income All lrtome Is rÈwni5ed in the Statement of FInarla1 Attfv51ks once the charity ha5 eTrtIerrent to fvnds, it is probable that the incame will be received and the anvjjnt can be meagjred reliably. ExFendlture Llablllifjes are recognised a5 expilure as scrt)n as there 1$ a legal or c¢strUttlve oblt8atioTr committing the charity to that exF¥Jiiure, it 75 pyobable that a transfer of economic beneflts wlll be required in settlement and the anw)t of the obligatK>n can be rnèasured reliably. Expenditure is accounled for on an ac£ruals basis aTrJ has been classlfied untsr headirffgs that aggregate all cost related to category. lhere costs cannot be dirKtly altrlt&Jted to partlcular headlngs Uw have been allcrated to aC.lIeS on a basls con515tert wlth the Use of resources. Granis Offer subject to conthtiorfj which have N)t been met at the year end date are noted a5 ¢unmltment but not accrued as expendlturè. Tan8fblfr fix•d a55ets Depretiati¢xh 15 proed at the foliowlng arwal rates in or&r to vrrite olf each asset over Its ettImad useful Ilfe. ImprOveNt$ to FIxiure5 and fittings 1(FA on co 2LYX re(bX}r bae Flxed assrf inve5tmgnt5 Fixed asset Intn[S are Iluded at thE year end In tl account5 ar rnaet value. Debtor5 Tra¢ and other debt5 are rerogni5ed at the tlet anKTrt after arty trade ithSCnt offered. Prepal1ts a valued at the amjnt prepaid after tak1 acCt of any trats d15counts due. Cash at bank and In hand Cash at bank cash In hand i{ude$ cash and sh¢c tern) hlghly liquid inve5trrEnts. Credltors and wovl$10 Creditors and pro¥Asfjons are recognised where the charfty has a present obli4atTon reyjltlw from a past event that ¥11 probably result in the transfer of funds a third party and the arrKJunt due to settle the obligatlon can be measwes or estlmated reliably. Creditors aThJ p$11$ are normally reco8nised at t1r settlement arrK)un¢ after all¢yAng for any trade dtscounts due. Page 9
Hereford Societ for Aidin the lTrOJslrious Notes to the FlnaK¢al Statements- nt(ed for the Year Ended 5 A AccoupmNG POLICIES- contlnued Taxatfon The charity isexempt frrTh corF4)ration tax on its tharitable activitie5. Fund accountln8 UnrestM¢ied funils can Le Lw1 In cordance th Charlble objective5 at the dIKretI of the tTUStee5. Restricted fund5 can only trk weil for partiCr re5tiicted purp)5es wtth"n the objects of the charity. Re5trfctu)n5 arise when specified by donor w when fund5 are raised for particular reslriCd purp Fwther eyplaThation of the Tratwe and purpv of eath fvnd 15 included in the Th)te5 lo the financial statenEnts. Malnt•nancè The cost of malntalnirf4 Almsh)uses Is accounted for on a flvtryear basis, wlth an annual allocathy) charyed to the 5wpIu5 accouni fr a rnaintenance reserve, with actual ex]lure in the yEar chty a8airtst the reserve. At the end of thls flve year wfod, maInlle Is to met wth general fund5. INVESTMENT INCOME 5.4.25 5.4.24 InVestNt Dfvldends and Interest 35,999 33,582 RAISING FUNDS Investment management costs 5.4.25 5.4.24 Pcrtfolio management 7.471 5,828 INC¢)hWIEXPENDITURE) Net lncryre1lexFele> 15 Stated after charyfingllcredltfrwl: 5.4.25 5.4.Z4 DeweCfjatiC . owied assets IndeFentnt examlnation fee 1,191 2,514 2.514 TRusfEES' REmTI1)I AND BENEATS There were tnjstees, renwrrnth)n or other for the year ended 5 I5 r for the year en¢kd 5 Ayil 2024. The were no trustees. eywises paid for year ended 5 2025 mr for t1 year ended 5 4)ri12024. Page 10 Contin1...
Hereford ktiet for Aidin the In(knstriou5 Note5 to the FinarKial StatenEnts. contiwed Year Eth 5 A .1 2025 STAFF COSTS 5.4.25 5.4.24 Wales ar*Y salaries 16.015 14,748 16.015 14,748 The average mnthly numter of employees ¢Juring year was as follows: 5.4.25 5.4.24 Secretary ) emrAoyee5 received emluments in excess of £60,(m. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrivrriES Unre$¢[ed Restrfcted fund Total funds INCOME AND ENDOWMEi¥fs FRO Charltable activities 121.737 121.737 Investment iKome 33,582 33,582 Total 155,319 155,319 EXPENDtruRE ON Raising funds Charftable actlvltles Almsh( Maintenance 130,842 130,842 Total 136,670 136,670 Net gains/l10s5e51 on inveStrnts 12,1391 12,1391 INCO 16,510 16.510 RECONCJLIAMON OF FUNDS Total fijnds brought fOard 1.149.339 1,149,339 TOTAL FUNDS CARRIED FORWARD 1,165,849 1,165.849 Pa8e11
Herefcd kniet for Aidi the Industric5 Notes to the FinaKial Ststements. contiThJed T*4flBLE FED ASSErs ImprovenRnt5 to property FTXtures Freeh)Id prcperty Plant and rrochi fiitin85 Totals At 6 April 2024 a 5 Aprs12025 289,IrJ 36,326 24,246 6,OTJ 355,818 DEPRECIATION Al 6 Aprtl 2024 aThJ 5 April 2025 114,173 36,326 24,246 1,818 NEf BOOK VALUE At 5 April 2025 175,L 175,CO) Ai 5 Aprll 2024 175,CKKI 1n,(x)) FiXED Ass INVEsfMEiirs Listed Invements RK VALUE At 6 Aprll 2024 AdthtioThs Di5tx)sals Revaluation5 962,969 32,721 175,3331 10,782 At 5 2025 931,139 BcVILVE At 5 WI 2025 931,139 At 5 Awl 2024 962,969 There were invest1t a55et5 ryjtside the UK. Cost or valuatlon at 5 AWFI 2025 is represented fy: Listed InYe5trr¢nts Vatuatlon In 2025 931,139 Page 12 contInd...
Hereford S(Kiet for Aidin the 1Thth5trNWS in 10. DEBTORS: AMOUIU5 FALLING DUE ONE YEAR 5.4.25 5.4.24 Other debtors Loans Prepaynnts 1.675 1.320 1.7(0 3.421 2.287 6.441 CREDITORS: AMOUNTS FALLING DUE YKfHIN ONE YER 5.4.25 5.4.24 Tra creditOF5 Other crethtors £nJed exw 8.782 15,285 7,075 11 ANALYSIS OF ASSEfs DEN FUNDS 5.4.25 Total funds 5.4.24 Total fund5 Unrestr(cted fund5 Restricted fund Fixed a55ets Inve5tsnents Current assets Current liabilities 175,( 931,139 21.932 {15,285} 175,OCO 931,139 21.932 115,2851 175.QXI 962,969 34,955 17.075} 1.112,786 1,112,7B6 1,165,849 13. MOVEMENT hy FUNDS Net movernent In funds At 5.4.25 At 6.4.24 Unr•strf¢ted fund5 General fund 1.165,849 153,CO31 1,112,786 TOTAL FUNDS 1,165,849 153,C631 1,112,786 Net movement in funds. induthd ln the alwe are as follow5: Iorning Gains arkj Wthement in fdS Unrestricted funds General fund 170,985 1234,8301 10.782 153,(*131 TOTAL FUNDS 170,985 1234,8301 10.782 153,(¥)31 Page 13 ¢ontlnued...
HerelLYd Sctfet for Aldfn Indu5triou5 Note5 lo the FIr0rla( Statennts- contiNed 13. IIAyiwKf IN FUNDS- contlnued CoThyaratlve5 for moyement In fun& At 5.4.24 At 6.4.23 in fkThJs Unrestrfcted funds General fund 1.149.339 16,510 1,165,849 TOTAL FUNDS 1,149,339 16,510 1,165,849 Comparatlve rtt movement In funds, IKluded In the atx)ve are as follow5: Irthnlr Reswr re5wrce5 expended ment in funds L055e5 Unrnstrkted funds General fund 155,319 1136.6701 12,1391 16,510 TOTAL FUND5 155,319 1136,6701 12,1391 16,510 14. RELATED PARTY DISCLOYJRES Mr Dillon, tnjstee of the charity, is a consultant at SunéeriaThJs, the firm collects the rent fw 17 Venns Close. During the ar £936 12024: £1.2531 was paid to Sunderlands in reiatb)n to managebM)t fees. No amounts were due at the year end. Page 14
Hereford ScKie the InthJstsi( f(ff Aith Financial 5.4.25 5.4.24 INCOME ENDLY+VAIENTS Investment Incowp IrwestrneTht Dividend5 and Interest 35.999 33,582 Charttablè actlvltfes AIMS Malntenance Contribution5 134.986 121,737 Totsl IrKomlng r•sowc•5 170,985 155.319 EXPENDITURE Inv8stm•nt management Costs Portfoilo management 7.471 5,828 Charltabie a¢tlvltl•s GerEral expEn5e5. Venn5 CILBe General expse$ . John Venn intenance - Venns Close Gwrral expense5- St Jarr5 Rd iiTrtsnance- Friar Street Gifts & sarnples consult fees Grants to In511tuilcffts 19,054 7,3FJ 120,185 15,413 18,662 1,3PA) 11,831 4,631 11,516 4,045 58,418 4,216 9,722 1,420 11,342 198,535 102,n9 Swort costs Wages Off1 estat4lshnRnt costs Irhswance Bad debt- loans write off Accountarc Flxtures flttln85 16,015 6,123 3,296 79) 14,748 7,349 3,560 2.515 28.824 28,113 Total re5wrces expended 234,830 136,670 N•t (eXndItUreVfnr0me before ylns and 163,8451 18,649 Realts*d re¢o8nlsed galns and loss•s Realised gairs/(los} on ffxed asset investments 14,6101 Nèt lexpèndlture)Ilncome 168.4551 18,649 This page does not fom part of the statutoryfinwKiaL statents Page15