REasrERED COMPANY NUMBER: (tt120458 {En4land arhd Wale51
REGISTERED CHARITY NUMBER: 212220
Re rt of ￿ Trustee5 and
Unaudited Fi
25
the Irmlust
ThL¥ne Wid8eryAccaUnta￿Y Lid
Chartered ACc￿ntants
2 Vfyeyale Bus(ness Park
Klngs Acre
Hereford
Hereford5hire
HR4 7BS

Hereford Societ
In
Ai
Contents of the Flnatxlal Staten*nts
ReNirt of the Tru5t&S
Ir*endent Exarninerfs Repxt
Statement of Financial *£tivities
Balan￿ Sheèt
Notes to the Fina￿la1 state￿nts
9 to 14
Detailed Statement of Fina￿lat ￿tl￿tieS
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 2￿15. The trustees have ath)pted the prowslo
of Accounting and R¢wrtlrtr4 by Charftles: State[r￿t of R￿OMrr￿D¢￿ 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.
oWE￿IvEs AND ACTivmES
The objectives of ￿ charity are:
lal To improve the con(thtior￿ of p(￿ and io relleve poverty in the City of Hereford a￿1 its nei8N)ourk¥Jd IwhKh
expressk)n shall In th15 clause irKiude extent of yjburbs and surroundi￿, or adjoinlw. tt￿ntry as the Sttiety May
frcffi t1rne-to-tin￿ think flti.
Ibl To thatlon in the C7ty of Hereford and Its r￿7ght￿UrhD[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 f￿r￿TIng any of the objects aforesald and subject ro condtlons Inwed by law to
exerose any of foll￿￿Th9 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 s￿h
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 t￿li￿n95 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 an￿n¢ 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.
l*iil To promote or fc*Th, assist or amalgamate w5th any other knety or Company fOr￿￿d 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 acti￿tY 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 Heref￿d5h1re 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 ￿f￿￿Oishn￿t of the almsh￿j$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 refWbish￿￿DE in the luture ￿en they beco￿
vacant.
The Main￿1a￿e costs have agaln thls year been hlgher than [￿rMaL due to vacant txopertie5 but rert sear it is
envlsaged costs ￿11 be less. The e￿Id1￿ (￿￿ultant contth￿ to provlde an e￿lient 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 Gr￿j￿d and the Chalmian confjn￿s
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 elen￿t of the knlews V*Y)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 thrO￿tr￿ 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(fva￿e￿ educatk)n and pronK)ted other aCtI￿tIeS
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 Othel￿Se be able ¢0 enjoy S￿h faalltle5.
Page 2

HerefcKd societ forAi(lin
InthJstriOU5
Re rt of the Tr￿lee5
for the Year Ended S A
12025
FINANCIAL REVIEW
The flnaffts are ￿￿eWed by the Commitiee at thelr rTh)nthly EY*etlnB$, In addltlon the Chalnnan and Secretary meet
fortnightly to rronitor and adrninister the finarKe5. Stocltsokers athise In thelr professlonal capadty.
Stsffin8 eosts are elo*ly nx)nltored ar*J the Secretary ¢￿tIn￿ to receive temporary athninistrative assistsnce when
ired, apwoved by the Chalrnmn.
The prirKipal fundir8 S￿rceS are Weekly Malntenance Contrlbutlorfj and Incon￿ from Inve5trnents.
Investment power5 and ￿licY
u￿￿er ￿ Ilemorandum aThJ Articles of As9xlation, the charity has ￿ pjwer to invest.
A mlnknaL Is ￿[d In ttt ¢harity5 a¢(wnts, Jny wrplus bel￿ trnn5ferred ¢0 a dep¢tsll a((ount ￿(d with
Re<knayne Bentley> the ￿le￿5 Stockbrc&ers, pendirffd reinVe5trr￿t based on recomrnendat1￿S. The deP￿lt
account a150 attracts a higher interest rate than the Sociews bank accounts.
Revlew of flnandal results
During the year the charity had total irKorne of £170,985 12024.. £155,319). total eX[￿lI￿re of £234,830 12024:
£136,670) result in a deficit before gains and losses on investments of £63,845 12024.. surplus £18,649 surplusl. Total
reseThes at the balarte sheet date totalled £1,112,78612024.' £1.165,8491. all of which is hdd in uTrres￿ed furKI5.
It is the WKY of the Sctlety to hold re5erve5 to a ac￿Piable to refurbi5hnwt costs relating to
Aiwshouses and pendln8 Jwards tts 5￿ceSSfUl apNicant5.
PLANS FOR FUTURE PERIODS
Restoration of VeM5 Close fishwk4.
ReplaC￿Trt windows at Friar St￿et.
Conti[￿e to in¥e5tlgate way5 to i￿rease t￿ number of grant appilcatlons frc¥n Inthvldual
lknitor Inve5knMt perforrna￿e by Stockbrc*ers.
Venns Arch iMprovew￿nts.
Project in ￿nory of Sarah kni*)ws.
Audltors
A reu)Lution will be prow5ed at Awal Ge￿ra{ h*etlng that TIKJme Wldgery LE re-appolnted as a￿dItorS to the
Charlty for the en$￿n4 year.
Ru￿URE. GOVERNANCE AND AWiAGEMEKr
Govèmfn8 ¢S)cument
The Hereford Society for Aiithrq the Industri￿5 15 a cornpany Ilrntted by guarantee governed by Its h4a)K•randum and
Articles of Associatlon da￿ 5th Noverrthr 1884 and arrEnded to allow for current governan￿ arrangemeni on 23rd
March 1950. It 5s reglstered as a chthty ￿th ￿ Charity Commission. The wmber of the h*rnl*rs of the S(£iety is
Ilmlted to orE hundred, Con￿$[ln8 of Plember¥ of Cotnrnittee al￿ ordlnary knber5. The Comrnlttee wherEver they
shall think fit resister an increase of Memters.
Anyc¥)e who takes an Interest in the welfare proyr55 of the
objects of the Society thall be qualified to becune a N4Mnt*r of the knety.
Rtsk mana8•m•nt
The charity ths Th)t have a rlsk management strategy.
However, regular rreetlngs bet￿n the Chaimian and
Secretary aThJ nwntNy meetlr4s of Committee enwre that any risk is identified early and nmnaged.
Page 3

Herefrxd SrKiet for Aidin
tlr Industriws
of the Trustees
for the Year Ended 5 A I
2025
srRucfuRE, GOVERNANCE AND IiINAGEMEKr
APPOInt￿￿nt 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 rrrrr*trs if required.
Tr￿tee Inthcikni and tralnlThJ
New Tru5tee5 are briefed on the responsibilities and n￿ndgeff￿t of tr* Charfty as set out In N*morandum and
ArtKles of Association, athlsed of the commfttee and ded￿0Tr.Makl￿ process, and recent f1m￿al pttforrnante of
tharfjty.
Or8anlsatign
The Board of Trustee5. cuirertiy 9 in nurrt)er, athinisters the charity. The PA)ard nEets nK*Ththly and there fs an
InNE5tment %*.commfjttee who rreet when rewlred to dtscu55 Investments and finarKes. A Secretary Is ap￿Inted
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 tr￿tee5 and In cOr￿Ltat￿)n wlth the Chalmian.
Related partles
The Society adrnknlsters three sets of alrkn and has apwlnted a &JlLthry C(thsulw)t to over*e the maintenaKe
of these in corksultation with the Secretary a￿j 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(wl￿t
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 (ap￿inted 16th Septemter
EIKted T￿￿tee5.
M Jones Ideceased 13th *prll 20251
H G M Bricknell
C R George
Mrs J E 0'DOn￿lI
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 Rc￿ert￿Tr
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
Tn￿t••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
Charte￿d 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
fr￿￿Ord 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 C￿Y 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 rerylire￿￿ts 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 2￿6 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
aCc￿nts 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
indep￿ent examinatiDn' or
t1￿ account5 ha￿ not bew prepared in accordance ￿Et￿xts arKI princlpie5 of th? Statemwt of
Recommended Practice for accounling arxl rep)rting by charit*s lapplicaL4e to charitie5 preparing their
accounts in accordarKe with the F￿a￿la1 Rekxlrtlng Standard akvllcable In UK and RewblK of Iwpland IFRS
10211.
I ha￿ concerns and have C￿ across rK) otlw matter5 in C￿re(￿Jn ￿th ￿ examination to whith at1￿70n
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 ACtI￿tIeS
Incor ratln an Income and Ex nthture Acc¢yJnt
for Year Ended 5
112025
5.4.25
Total
I￿￿5
5.4.24
Total
f￿d5
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 inVes￿nts
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 S￿let 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
CuRR￿ASsEr5
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 exern*ion from audit under Seclujn 477 of the (C*n￿anieS Act 21X)6 for year
ended 5 Ppml Z025.
The rrerters haNE required to obtain an audit of its fIna￿la1 staterr*nts for the year ended
5 April 2025 in ￿CordanCe￿7th Section 476 of the (￿npanIeS Act 2(MA.
The trustees ackTh)wiedge ye¥￿s￿lI1t1eS for
ensuring that the charitable company keeps accountin4 reccf(& thal c￿pIY with SKliJns 386 arKI 387 of the
Conynles Act 2(K)6 and
p￿PartrO 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 fIna￿la1 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 statslr￿ts, so far as appllcable to charitaNe cornpany.
The* flnandal statenmts haNt been prepa￿d fn aCcOrda￿e the p￿￿910￿$ aFfJlltrdble to tha￿tatr￿e cornyante5
yJbject to lh2 5rnall companie5 reg11T￿.
The fin
ial statements ￿re arproved by the Board of Trustees aUtI￿rised 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 StateTh*nts
for
Year Ended 5 A .1 2025
A(COUP￿ING 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
Re￿rting Siandard aFplltable In the UK arKI Rewbiic of Ireland IFRS 1021 (effective l January 20191.,
F¢nanclal Rep¥xting Stafidard 102 The Finar￿lai 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 ex￿ptIoft of Investrwts whkh are Included at rrorket vaW*. as modified by the
revalUa￿n of certaln assets.
Golng concern
The Trustees have conslLthd the fu￿re 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 a￿5 wIEre saTrAng5 In expendlture caTh be made in the short to methum term.
[￿e to f￿t0￿$. the Trustee5 believe the oryani5ation is a going concern for the foreseeatrAe future of at
least twelve months from date of sisnin8 these fironciai staterrenls.
Income
All lrtome Is rÈwni5ed in the Statement of FInar￿la1 Attfv51ks once the charity ha5 eTr￿tIerrent to fvnds,
it is probable that the incame will be received and the anvjjnt can be meagjred reliably.
ExFendlture
Llablllifjes are recognised a5 exp￿ilure as scrt)n as there 1$ 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. l*here 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 pro￿￿ed at the foliowlng arwal rates in or&r to vrrite olf each asset over Its ettIma￿d useful
Ilfe.
ImprOveN￿t$ to
FIxiure5 and fittings
1(FA on co
2LYX re(bX}r￿ ba￿e
Flxed assrf inve5tmgnt5
Fixed asset In￿tn￿[S are I￿luded at thE year end In tl* account5 ar rna￿et value.
Debtor5
Tra¢* and other debt￿5 are rerogni5ed at the ￿tle￿t anK￿Trt after arty trade ithSC￿nt offered.
Prepa￿l￿1ts a￿ valued at the amjnt prepaid after tak1￿ acC￿t 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￿￿$1￿1$ are normally reco8nised at t￿1r settlement
arrK)un¢ after all¢y*Ang 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 Charl￿ble objective5 at the dIKretI￿ of the tTUStee5.
Restricted fund5 can only trk weil for partiC￿r re5tiicted purp)5es wtth"n the objects of the charity.
Re5trfctu)n5 arise when specified by donor w when fund5 are raised for particular reslriC￿d 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, maIn￿ll￿e Is to ￿ met wth general fund5.
INVESTMENT INCOME
5.4.25
5.4.24
InVestN￿t 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 lncryre1lexFe￿l￿e> 15 Stated after charyfingllcredltfrwl:
5.4.25
5.4.Z4
DeweCfjatiC￿ . owied assets
IndeFent*nt examlnation fee
1,191
2,514
2.514
TRusfEES' REm￿￿￿TI1)I AND BENEATS
There were tnjstees, renwr*rnth)n or other for the year ended 5 I￿5 ￿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
Contin￿1...

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 inveStrn￿ts
12,1391
12,1391
INCO
16,510
16.510
RECONCJLIAMON OF FUNDS
Total fijnds brought fO￿ard
1.149.339
1,149,339
TOTAL FUNDS CARRIED FORWARD
1,165,849
1,165.849
Pa8e11

Herefc*d kniet for Aidi
the Industric￿5
Notes to the FinaKial Ststements. contiThJed
T**4flBLE F￿ED 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
Inve￿ments
RK￿ VALUE
At 6 Aprll 2024
AdthtioThs
Di5tx)sals
Revaluation5
962,969
32,721
175,3331
10,782
At 5 2025
931,139
Bc￿VILVE
At 5 WI 2025
931,139
At 5 Awl 2024
962,969
There were invest1￿￿t a55et5 ryjtside the UK.
Cost or valuatlon at 5 AWFI 2025 is represented fy:
Listed
InYe5trr¢nts
Vatuatlon In 2025
931,139
Page 12
contIn￿d...

Hereford S(Kiet for Aidin
the 1Thth5trNWS
in
10.
DEBTORS: AMOUIU5 FALLING DUE ONE YEAR
5.4.25
5.4.24
Other debtors
Loans
Prepayn*nts
1.675
1.320
1.7(0
3.421
2.287
6.441
CREDITORS: AMOUNTS FALLING DUE YKfHIN ONE YE*R
5.4.25
5.4.24
Tra￿ creditOF5
Other crethtors
£nJed exw
8.782
15,285
7,075
11 ANALYSIS OF ASSEfs D￿EN 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:
I￿orning
Gains arkj
Wthement
in f￿dS
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 FIr0r￿la( Staten￿nts- 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 exp￿se$ . John Venn
intenance - Venns Close
Gwrral expense5- St Jarr￿5 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 (eX￿ndItUreVfnr0me 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 staten￿ts
Page15