EGREMOYT AND SOMERSET ALMSHOUSE CHARITY (Registered Charity Number 212864 UNAUDITED FIWANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025
EGREMONT AND SOMERSET ALMSHOUSE CHARITY COPITENTS PAGE RefaKe aThJ Adminiknvedthils TnL5tccs' Rer 1tyjen¢ Examintrs, Rep)n Siaiementof FiThwKial Activitics for the r 31# 2025 Balan¢e Shth as ai 31$¢ (ktober 2025 Note5 ihe Accounts 7. 12
EGREMONT AND SOMERSET ALMSHOUSE CHARITY Pa8e I REFERENCE ANDADMINISTRATIVE DETAILS Charlty rtgistraiion numtr. 212864 PrirKipal addrr5S.' The Esme OTKe Pdworth W¢# Sus8 GU28 ODU Soli¢itOTS.' Farrcr& Co 06 LitKoln's Imi Fiebjs WC2A 3LH IndwdcDi Eumirrtr. Mr J A Bum¢tt ACA marti trJ Cotnwy 25 SI StrE WirKhe5ter Hampshire S023 9HJ Bank Nat1 WernirLW Bank pk maet Square Pdworth we Sussex GU28 OAL Maj¥18 Agents S•vills The Ethie Offe Paworth West Su fjU28 ODU
EGREMONT AND SOMERSET ALMSHOUSE CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31ST (KTOBER 2025 The Trustees FAesent IheiTrep)rt and firwKial staienthtsofEgwM)niatyJ Somew Alrn51vJuse Charity forthe yearctKled 31st(k¢ober 2025. Legal and alrninistrative information set out on the information page forms part of this rryA)rt. The fivrt¢ial Ststents have bEen PTepared in accordaKe wilh the xcounting sx)licics setout in the notcs to 1heaccountsaI coryly wilh thecharity s Twst t)¢ed. thtcharities A¢1 2011 and Accounti8 ar¥J Rwtlinsby Chariries-. Sia¥ernenFof ReComr[KJd Prariice 4>plicable to chariiie5 Preparing theirKcounts in accordar¢ with the Fi]wKial Rewrtin8Standatdappli¢8ble iti the UK atknj Rewblicof Irelatwj published in lknobEr2019 governapce •nd IDDagtllnt Constitution and CovttDing DocumE•t The charity, Regi51ra¢ion No. 212864, is al kJK)wn as SorrKr5et Ho4)ithl. in Norrh Streth. Petworth and EgTemnt Almshouses t Hotsham Road, Petworth. The governittg document is a schemtsealed by the Charity commiOrersOn 12th September 1983. This was wbsty4uenilyaltered by a 5cherne seBled by the Charkty cofflnUsonCrS on 4th tkcember 21K>I wth re8ard to Collnect Perwh Iransactions. OryAlSOti011, Tr•stees and Mo#¢¢01 The Irusteesof ¢he¢hariiy ar 31st O¢tob¢r2025. •ll of tth)m hdd office lhN)u8h¢ Iheyearwert". The Lord EgTerrKknt The Canon M Gilbe The Lady E8rettwJni DrSPett Mrj Riddell The Tru Deed leS that the five tru5tttsslK)uldcory>rise of n4Y) exffic member4 The Ird Egrenwllt and R¢¢ior from the parishof Si Mary Peiworth. thrtt cwwivetrumeth TheCtroptanvemecsa[e 4JEx>intcd forfive yaryrs bjt can b¢T¢-¢le¢t¢d. The irusiees have appoind a re$tl wawderL arvj Savill$4we th##g 10 overset ihe maaseT0f ihE Chariiy. The accounts are ma¢nMirLed at Loyd Egrtmont's E$t 01CC in P•worth. Tr fijll board of thte¢S meets IWi¢¢ a ye•r. All new msitts are fully briefed on how ihe organi5aiionoperatesto ensurethat they Ulers1 theirobligation5aS Inttes. As vxancies for t15 arist. applications are soughs from wiential CaJidate5 known to the rrUeeSaI othetsuiiable local people. Awlicantsare then considered by the Itusiees arvj apFx>inlments nwje by resolulionofihe Iruse5. ObJe¢ilves od a¢dvlil Somerset Hospita] was endowed on 5¢hJanuDry 1746, and EgreThM Al[uSe50 31st tk¢•nbu 1836 The two ¢haririe5 were arnalgamated on 12th Sepierthr1983. The Somer5et Hospiial buildin8cont3ins nine self-containcd residential flats all of whi¢h were available io Id the year and one sdf-con1ain rEsidelli warden5' Malne¢. There is also a rvAdents' lounge a spatt b¢dM for gue5. The Egre?1 Almsknu5e5 bJildiTrB CO5 fourTe5ideniil flats. The ¢hlY holds its pemwt endowtsxnt ptopxrty appliesih¢ income therrfwm aryl othu sources lo the maTba8emenl. MaintenaCe, repair, Improverrnt orTeFMJildingof ihe Egrermnt AlmslxNJses son[¥ Ho4)ital AlnJslknx and. subjeci to rretinB these cosis, otheTwise apply the incomE for the bEnefii of ihe residents in the Almsknuses. Publi¢ BeThcfil The irnstees¢onfimi Ihty hawe ¢omplia lIb Ihedyty in setlion 17151of the 2011 Chariiits Atito havedve regaTd to guidance publishal by Ihecbarity Commission_ The b¢n¢fits th•t $¢ from Ihe aims thjettivesof the ¢barity are the p[0$10 of reduced cos¢ acrommodaiion foraged rrfx>rperwn& Athievtments #Id perfomahce The irusic cominue 10 be salisficd thal thrcharity 15 NKeting 115 0bjettive Financixl Review The charity made a deficjt forthe yearof £91,91912024 surplus - £9.2341 before revaluation of invtstnKntsotKI befort transfersbetween fuTrJ5. Th15 wa5 afteT illCUTTill8rotal mainierbaEKe ar¥J rcpairc051& inclwjingcycliral Tcpair5. on ihealmshouses of £174,24912024. £78.9971. Realised atwj unreali5ed profiis on Tevaluation arvj 5ale50f IThve5rrnts toralld £198.Jlg{2024- £231.6501 resultin8 in asurplus for Iht ye8T of£106.41X)12024. £240389
EGREMONT AND SOMERSET ALMSHOUSE CHARITY Page 3 TRUSTEES. REPORT FOR THE YEAR ENDED JIST OCtOBER 2025 The nel a55e15 ai 31$¢ Oci0ber2025 amouttied ty£4J50.3531¢ory•Ted with £4243.953 at 31st (kiober 2024lof which £4.244.fA)212024 - £4.165,5131 WAS held as fixed &sset& The IrUeesconS¢rlha11herI)ry will be able lo its fuMrE lthiliiiesaTrJ COfir ihat all assets are held in xcordancc with the trustees, w>wers. Rlsks Through rhc cmployment of PTofe&siol the trutts seek to ensure that all of the Charity's managemeni and dttision makin8 proce55es lake full accouniof arKi cornply wilh reievanr lewsla1ii atwj rEgulawry conm)l& Insurance Includin8 propertyownership and public liability is rrassessd annually. Reserves Pollcy The ¢harity aims io maintrin arl adeqUe cash rcscrve within gencrni unre5tsiCtd ford•y day ruJ)nin8 ¢os¢s. Ai the yearer¥J the charity had £714.58112024- £785,637) general free re5CTVCS after trdnsfcrrin8£0 to ihe Cyclical mainletCe nd(2024 £Olddailsof which are disclosed in note 14. The Tnstets aim io tnaintain aF4)tvxitnaiely a ycarfs runningcosrs in ihis fijnd and to accumulate funds for future tepiiTS of itsold and hisioii¢ PTOF%rties Two designat¢d funds are maintained to Cov£rperjlC and unexpected requir& r¢paircos& The trywe¢5 Thi¢w these fundsannually and transfeTavoilable mney to build up for thcsc puryx)scs Ihves¢mtni Polltv An analy5isof investments held isdetaild in 12 10 Ihe finan¢thl Swen The Trustees aitn fora balarK¢d rernrn on these. Trystees Respo•sibililie5 ID rtltioD to the Financi5temEnts Th¢ irusteesore reswnsible for preparing ¢heTrnstee5' AnThual Rep)rtand the financial statemenisin ¥¢OTdaJ)¢e with applile law atyj Uniial Kingdo Accouniin8Siandard5 Iuniigd Kingdom Generally AccouniinB PraciiceTr. The law appli¢abl¢ ¢0 ¢bariiiesin En818ty1 & Wales r¢quirt Ihetrnstees io fftte fiath¢ial foreach fiatla1 year. which Bive a ttue and fair view of the state of atyairsof theclwity and of th¢ irKoming T¢9)u¢s3d akwlicationof Tesour¢es of Iheclwity for that puiod. In PTeparingthese financial smcments, the truceSare required to.. - seleci suitableaccounriThg wlicie5 aThJ thrn applyihem con5i5tently" - observethe pDn¢1¢S in Chariii¢S SORP IFRS 1021.. . mak¢ judgements and estimas that are reanable41 rThlent,' - siaie whdher applicable accouniing srarthtd5 have been followcd.gJbJcci to any rnaterial depArturcsdisclosed arml explain¢d in the fir)an¢il siaiemenis: - pr¢pare th¢ financial siatetKnts on the going concernb&sisurLlcss il is inaprryriate to prwm¢ Èh•t th¢¢h•riiy will coniinue i operation. The Irus¢ee5 are Te5pJnsible foT keeping prDpeT accouniinB cOrdS rhai disc105e with rpasonable at any tIn the fiwdncial position ofihE rharily and enable them to •Jwrt Thai ihe finan¢ial srareMJtcOlTY1Y with the Chaniie5 Aci 2011. theCharitieslAccountsand Reponsl Regulations and th¢ provisions ofihe inw d¢•J. Thty Tealso te4Kttsiblt forsafeguaTdin8iheassetsof ihe chanry a1 hEnce foriaking reasonable steps forthe Prevention and detection of fraud andother irregulariii¢s. Signed oft behalf of ihe Trusrees-. Lord Egren - Chaimn
EGREMONT AND SOMERSET ALMSHOUSE CHARITY Pse4 REPORTOFTHE INDPENDEIT EXAMIP4ER TOTHETRUSTEES FOR THE YEAR EDED 31ST OCTOBER 2025 I rerM)rt to the charity Irusteeson my exam1rlI0 of ikaceountsof the¢hariry for¢heyeaT erthd 3111 (ktober 2025 which are set oui on pa8es5to 11. ResponslblU¢ks Dd b•sl$ of repw¢ As the cljarity s trustees you are rcsFrf)nsible forthv pryarationof the acc([51n Kcordance with the rcquirrmentsofthe ch)11C$ A¢t I report in resFx¢t of my examination ofihe charity 5 account5LqfTiedout undcrseciion 145 of the Act ajkl in caroryng oui my examinaiion I hav¢ follow¢d all the applicable Dirtttions given by the Charity Commission Uers¢¢t10n 14515Mbl of the ACL IndependentexAmier'##ttemet I have ¢omFleied my examinati. l ¢oThfim) ihat rK) m2t¢rial m8n¢rs hav¢¢omc to my aN¢Mion in ¢onrrt¢tiothwith the examination giving ¢aus¢ 10 believe thnt in gny m&teria] rcspcct= - accounting recordswete not kept ill resFKctof rhE charity asryuirvjby xrrion IJOof the Act.. or - (heaccoun(5 do acco wih iknse rEwwds: 01 - the a¢counlS do ¢omply with t ao71i¢ibl¢ rq¥irenxnts¢orrternin8the forni¥l ¢onl1 of a¢¢oUtse1 out in ihtchariiies IA¢¢ounis and Rep)rtsl RtBulatioh$21X18 otTrrtrthan any rwuirenxnt that tkacwiMsgivea'tw¢and fair view. whi¢h is tK)i a mailer ¢OnSider as pBn of ilepeIent examinaiion. I h&vc no concerns and havecome acrD5s no oihermatteTS in conntttion with theexaM1nlon to which atIOn should bedrdwn in ihis repDrt in or(kTto enable a p peT uTrIt¥si ingof ihta¢eouS to be rtached. JanS Angus Burnett ACA Martin and Company 25 Si TMa5 STreet Win¢hes*r Hanyshire S023 9HJ Dale".
EGREMONT AND SOMERSET ALMSHOUSE CHARITY Pay5 STATEMENT OF FINAiYCIAL ACTIVITIES FOR THE YEAR ENDED 31ST ocfoBER 2025 l.Irilr5tted U•rtilrkltd T•tsl Tqhl 3111W2O24 F INCOII£ FROII= Chiri¢Nblt•cDYilirS l!?.W3 12?,943 -Glallinb F4rnJ - Iniestment IKornt'. 13.092 68.828 3iJ48 57.756 TOTAL IliCOME L91.T12 194,110 1•4.449 EXPEDITiJRE O.. Repairs& Mainter Ma5¥rrni-OlJtylfft8faM5trAre In¥e5knent manakymw 158 1589 l J74 lJ89 11.822 IS$8 Some& EaTenwDI Aimsho Ryir5& Majntw¢r¢e M3nabYrnent&c(4ltyn Wa&5 Warden & cIVdrr Waler Ra & COU11 Tax Eleclncityiies5 tE(o%Yritsl 174 ?49 78.997 &150 ]5.K? 933 7.495 19.830 7.955 933 7.44) 19.8JQ 7.95) 4J?I 6J31 7J81 7.134 TeICpM1l¢5s (0&r1 &531 4kn?0 7.49? SuMlryexthtUI¢ 437 bffj75 1.980 A¢cOunlaY E¥3rniny5' Fee 1.980 77?.688 TOTAL EXPEYDtruRE 274J7F blSJl YET1DEFILITglPICOIÉ 92.19 N¢1 ¥ain51llD55C51LTrn In%¢MLE$ Tftnsfwsbeictn funds 23271 167.650 198J19 !31.6iO ET MOVEAIENT ITr4 FUF4DS E55J AEC0YCILIATN OF FUNDS )10.6•3 J.747.L?3 4 ?43.95J 4.WJ.064 FbND BALAYCESCARRIED FORWAIiD 72W3 22QAg -k4•.1.151 4.IW5.1 4.Z4J.9S1 Ihr nrl InctMtliil& ILWut¢¢s r[rMhihEtknW5tominwOFts1I
PatsY6 EGREMONT AND SOMERSET ALMSHOUSE CHARITY BALANCE SHEET AS AT 31ST OCTOBER 2025 T44• 24 FIXEDASSETS TansTib fixed a$8•5 Frtthold 19,661 .038J9? I.1.084 lnie51menls ?J13)10 In1METhl pror*rty 89J. 893. CURRENT ASSETS Cash ai nkrj fharities tkpxii FuTrJ t[59d P>Tnts 115.178 10.884 I?6.(7 89.03] CREDITORS. Am¢)unty fall)nbth¥IlhI¢i Creoitoys and A¢cnMts -j11 Neicuftertt 78.440 Nei Asstts 4J50J53 4.)43.9j3 ENtKIWMENT FUNDS UNRESTRICTED TrUNDS 3.4)3.451 3 ?47.6?3 InEomc Fun I¥t£d Furd5". Exlraordinary Re115 Fu clical Mainieijante Fw 7?6.40J 785.637 175th] 44ts38 168J63 42.430 210.69) 4J50J>3 4 ?4J.953 The Finala1 S¢oi¢menis ¢aK0¢bY IheTnw¢¢5aThlsirydMthrbetroirty. GIlLrt Dai¢
EGREMONT AND SOMERSET ALMSHOUSE CHARITV Page 7 NOTES TO THE FII¥AP4CIAL STATEMENTS FOR THE YEAR ENDED 31ST (KTOBER 2025 STATUTORY INFORMATION Egrermnt and Somers AIrr&knCharity isa charity re8ist¢r&l ih Ethglortd 8nd Wale> The ¢harity's registered nurnberand registered office aress(3n bt tn theTrnsttts' Rep)rt. ACCOUNTING POLICIES Accountlng CODveRtio The fin3ncial siaieTnen(s of ihvchaiity. which is a publicbenefit entity. havebeen prepared ¥¢OTdan¢e WTih the SiaietReni of RecomtneThJcd Prxrice." Accountinga Rewrtingby Cljantiespreparing theiraceounis in a¢¢¢rdan¢e Wilh the Fitt31>1 Rwrtittg statbIa appli¢able in the UK and Republicof ITeland (FRS1021 issued in October 2019 and the Finantial RwrtJttE Statsjard 2pplie•blt In ihe UK Republi¢of Iteland IFRS1021 and the Chanties Act 2011 Bnd UK Generally Accepied AccouThtin8 PIKe as it applies from January 2015. The finan¢ial staietnent5 have been PTeparrd uTrJerihe hISnCal cost conweniion.AsnM)difiai by the rcvoluatw of investnxn The finath¢i¥l st•iements havebeen pttpaTedio give a"Maj fair view and have dcparted from the Chariii IAecounts and Rewnsl Regulaiions 21K)8 only io lh¢ exithi ryuired 10 W0e8-true and fair view. Thisdeparture has involved followingAccouTrting and Rep)rting byChaitiespr¢parin8 tr?¢0nts ij) ¢0[dae wirh the Financial ReFx>rting Siandard applirable in the UK a1 Republic of IrelaThl (FR5102} iwed (kwber 2019 rather than the Accoun1ingat Aeportin8by Charirie5". of Recommed pl(¢ effectivefrom 1st April 2(M)5 which has sin¢e bets wiihdrawTh. The tnL5tttscOnserlat thcte are M material uncenaintiesknut ikchatity's •bility tOtinue as8 80ing concem. lutomt All income iSTtcognistd onceth¢ ¢tilY ha$till¢men1 to the incort il isprobableih the income will be received and caTh be reliably measur&l. tk>nation5 aTe TttO8nised when rEcavableby thecharity. Rental tncome is iThcludcd in th¢perid Ihat li is0. ))dof ay inwoverablea#)uRts. Any Tents chaTgd In Ivance are deferred. Bank inieresi is lo¢lUd when re¢rriv8bk. Dividends are recogThisal when the divide4 h¥b¢¢nd¢clared and th)tifi¢*h)n has teen rtteivvj of the amDunl Expenditsre All Iiabilines aTe IOniSEd as a5 there 15 a legal OTconsmJctive obligation commitiing th¢charity 10 thai ¢xpethlilure It isptobable Ihal Ihe will bt rtqUiTrd 8j can tx reliably mSured. All expetwjibjre is accLwnlcd foron an aCCnlsb.54I includesiThecovcrnbleVAT. Raising fuThls¢osts Inclde Tht ¢oll¢¢iion ¢har8e& wop•ty tepaits arvj tltearKeChar5e5 forGlalltng Farni and Bre recognised in ihe peri they relate to. Charilable exper1¢1JCthe costs involved in theday today ruThningof thealm51Mwscs for the t¢nan
EGREMONT AND SOMERSET ALMSHOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EiYDED 31ST(ffOBER 2025 ACCOUNTING POLICIES (CONTINUED) Tangible Fixed Assets Fixed a55eis w1N>seorigin C05E was nK>re rhan £350 have becn capiraliJal dEprEciad overthe following periods.. Fixtur¢sand¢quipm¢nt 25 &• on a Tedu¢i8balan¢t b•sis Fixiuresand EquIprrl dcprEciatcd ro le5Sthan £15 lvebcen Wri off. Freebold property The almshouses are historic buildin8sarKI well a%knng the fUlonal rwie50fth¢¢lbarity (being to provide reduced coslaccomrrdaTloll wilh the charitabfedeed) arra¢ cla55ed as hisiorical bjildings and hence hent8gt assets. [¢ 10 the uniqueness of Ik buildin8sa ¥alu•tiott itt rtwof the origyttal proFrrties is very ditriculito atinblte Bnd as such the orioiwl valvesof th¢ assets hay¢ been tA¢1led from the ba1Ce$heel on the bs Ilbai Teliable eosi infoTmaiion is available and ¢onv•)tioTha] va]vation approaches lack wfficitht reliability. The valve of ihe buildings irKludal in ¢heaccounts rrpre5ents irymvcments lertaken the buildings sin¢e 1983. Since these costs arr significanily lowly ihan rhe buildings likely %alue. and the buildings are kem in good repair, th¢ Trust¢¢s b¢li¢v¢ that it Is th)t app¥opria kn d¢prrfi•i¢ UproKrt¥t& Flxed Asset InveatmeDt5 Invest]llenis are valued at mid-nthet valueat the6•e sheet date. All rea]ised and unre&lis¢d 8Wttsand10$8esare taken 10 ihe Siaiernen¢ of Fi[ncIlI Activirie5. IDvestineDtPToperty Investment prowties for which fair v8lu¢un b¢ m¢awr¢d r¢li8bly withwi uTrJue ¢osioreffort art mel5u1 al fair valueat ch rewrtingda with chatbgesin fair value reco8llised in net goin&bsseson Invests)ts in the SiateTneni of Finala1 Aciiviiie5. Debio Tr&le debtorsare record •t thirs¢ttlenxnt Pryaynxnts ar¢ valued ai theptyid an¥)urt at the Balanre Sh1 dale. Cash at Bank d Ivj Hnd C•sh at bathk and in in¢lwJes¢ash aThJ iem) highly liquid invekntswith Shon rrlurity of three rrK)nthsor less from th¢dattofa¢quisition oroptnittgof the dry)sil or similr¢ouni. Creditors TTJe ¢reditorsand otherertditOTS aie Te¢o8nisedwkn rhe ¢hTity h&% a prEsenroblig3ti0n Te5ultin8 from p8St ¢vents and Can b¢ measred orestim•red rtli¥bly. Crtdiiorsare wgnised •t seiiletneth a[unts. TaAatio The chaTity is exempt frDm its chariEa)le iiviti
Pa8¢9 EGREMONT AND SOMERSET ALMSHOUSE CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EliDED 31sT(oRER 2025 ACCOUNTING POLICIES ICONTINUEDI Funds Unrestriclcd fuw15atE fundsihai ¢th itused ith wth thethanbI¢objt¢1s& the disctrtv)n of the trn5tees. D¢signatcd fllnd$ar¢ those that thetrusrtts havestt lde forcyclic&l mointenance extra-ordinary T¢p•if5. Endowment funds are tknse n(L4 which are to be held capita] in the forn) ofinvestmertt& eith¢r pro nyor sharesl deFK)sits and c3nrKitbe spent. The income getLeratd from ihe 1nvesitrKtscan be used for the charitab e purwse and hfisThJ rrsttiction on its use. INVESTMENT INCOME uAre$wkt L.nrestykied Eodo•wmeot F•ds Funds Futhds Illlcome) IDaignttd T•tl 2025 Totsl 2024 vider Inrest 53222 2126 2¢kn2 346 55.284 2,472 62,413 6,415 TRUSTEES REMUNERATION & EXP£NSES No enluMe50reKpETtsts werr P8Ld the dunng the yfar. EMPLOYEES Unre51ricted Unrestricted EndoYimEDt FDd5 Fulld5 Funds Il&tomel IDesigDted Totsl 21124 2025 Wages aTrJ Salaries National InsurarKe Pension costs HolaY cover 13.308 1.257 797 13 J08 1257 797 17,742 1,372 1.056 Avua8¢ numbtrof PYe£S 112023. 1). FIXED ASSETS Egremi SomtTet E4•lpmet Hospital Totsi 102S Tol•l 2014 Cost asat 111112024 AdditnS dunng year. Diswsals dunng year C'oa as at 31.'IV,'2U25 236.538 744,885 39.238 82J37 3.981 I.(XA,2 43.219 1.014,875 49.385 Dew¢¢iaiion asat 111 IQ024 Deprtciaiion Chat¥e in YeaT DeFKcciarion on disp)sals I)eWlat)n at 311122. 63.176 63.176 56,572 Net value at 3111th2U25 236,53 7¥4.123 I.U311.3Y2 l.Wl.V¥4 Net t*)ok value at 31111fv2V?4 236.5311 744.¥¥5 19.661 l.w1.4 ¥58,3U3
Pag¢ 10 EGREMONT AND SOMERSET ALMSHOUSE CHARITY r40TESTOTHE Fif4ANCIAL STATEMENTS FOR THE YEAR ENDED31sTToBER 202S INVESTMENTS 1025 2024 VArkd Valuear Isr Novernber 2024 2,271.429.(XJ .989,328 A(&i.. Addiiions to inve5mal C05t Lss.. Distx>sals arcarying value Lss.. Management charges Nd 8aini{lossTrott revaluatso 55,284.(X) (21K>,(KK).(X)) {11.822.(K)I 198.319.(Xl 62,164 231.651 Markd Value 31sr (krober2024 2,313.210.(X) 2,271,429 All the inve5mKnts aR manaBd by LGT Wealth Management INVESTMENT PR(TrERTY 2025 2024 Glattin8 FaTTn 893.(Xl) 893,(KM) Glattlng F•rn) is Ihthd * valu10@ t"n8e4im8toJ matket V81ut fotexisrin8 Use. The Twstecs have reviewd the value al 31st (krober 2025 aThl carLwdErthar vakne is 111 TW)tth DEBTORS 2025 2024 Trwje debtots Inve51menl incomrTetavable Rent receivable Rent billul in advarKe Prepaymenis 16.163 114,5261 9.247 10.475 io CREDITORS: Amou•ts f•lllng 4Me ytar 2•25 2024 Trth Craiit(X5 Rent ry£eiV1llOj iji hercrrdifvt5 ad *CTwIs 6.474 2.338 13,837 15,425
EGREMONT AND SOMERSET ALMSHOUSE CHARITY Page 11 NOTES TO THE FINANCIAL STATEMEPITS FOR THE YEAR ENDED 31ST OCTOBER 202S CONNECTED PERSOW TRA•ISACTIOl4S During fhe yearihechanry Iurr exr1jre of £25,67212024- £34,342) in respect of administration. arwj repair5 arKI improvemenis to ihe prcwries by the Lttonfield Estage& LA>Td Egremnt. a trnstec is the sole Fxvpnetorof ihe 0riekI EsMe& Thecrulitor at the lry"nninRof the year was £525. Al the etyj of ihv year, there wls a craitorof £525. 12 TRUSTEES II¥DEMNITY INSURANCE Trustees kndetnnity insuranceof w to £1,{) was irKILknled in th¢swialist ajm$1C insurate pxkage with etyeci from Tenewa] in 2025. 12024 £1.(). 13 MOVEMENT IN FUNDS TrADSfers At JI.10.25 Restrr¢itd funds Capitsl EThJOwn1 fuAI 3247,623 155.828 3,403,451 Uirestricted funds Income fund 785,637 159.2341 726.403 - Exlrtord2r>ary reFir fuTrJ - Cytlital tnainietwKe fur 168.263 42.430 7,398 175.661 44,838 Totsl fund5 4,243.953 1(I5,4 0 4.350,353 IDCfthi•R Resource5 Moi'emeni reXrr¢S eApeRded In f¥ods Resirkttd fuAds Capitsl Etthwmcni fuThJ 167.650 155,828 Unn%tricttd fund IOme fuJMI 215.043 274277 159.234 - ExDy)rdirw reparr fuThJ - C11¢81 rnainrwe fu] 7J98 7.398 2.408 Totsl fuTrds 392.499 286.[)9 l(>,4(X> ANALYSIS OF PIET ASSETS BETWEEN FUNDS T1ible l•vostmt•l lavethneDts Net txrreot Illed Property assets Total Resirfeied funds Capiial EtwJowrn¢nr FvTrJ 893.IWX1 2.075.984 0 3.415.273 Unrt5tricttd f¥Dds IKome FuNi 592.103 143.030 (20.552) 714.581 Designated F¥nds Exrwrdinary Repair FuThJ Cllea] MaiThnarKe Fuwj fM.I 123,527 2,776 217.723 2.776 lotal funds
EGREMONT AND SOMERSET ALMSHOL'SE CHARITY Page 12 P40TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST OCTOBER 2025 ETrdowmeni F¥Nds These futvjs we¥e ethtyj by a truMdetyJ forihe rdiefof FKx>r pPIC in a dcsignated area. l*¢ome Futhd This fund has xcUmUlat frnm IrKon TEcavd arvj r4XE5ts the free fundsof the ¢harity whi¢h •re Th)1 designatal for partKuiarpurw>se Designited Fund These funds have been cstsbli4J£d for the Wr[Of pmvidin8 for the extr•dInary trpaiTr ar CliCal mainienatxe ofthe prcyertics a yearty sum is to besd aside Irt earh for this puw. TheTrv5tees have set Ld¢ £012024 £0) this yv4r foT thlicipated majorrtpaso howcvu rhv furvj Ixs Ireasl, Teflecting lrtvesimenl IOnaj ehay in the value of the invcsll