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2024-12-31-accounts
| Trustees |
MrsDCapps,Chairman |
|
MrRJervis,ViceChairman |
|
MrREDCase |
|
MrsAO'Brien |
|
MrsJEnglish |
|
MrCFoot |
|
MrsAGowens |
|
MrRHughes |
|
MrsEMerrifield |
|
MrsAMeyer |
|
Mr
|
|
DrJWilliams |
| Charityregistered |
|
| number |
213371 |
| Principaloffice |
CopthorneRoad |
|
Shrewsbury |
|
Shropshire |
|
SY38JW |
| Accountants |
WRPartners |
|
CharteredAccountants |
|
BelmontHouse |
|
ShrewsburyBusinessPark |
|
Shrewsbury |
|
Shropshire |
|
SY2 6LG |
| SeniorManagement |
GarryDean,ClerktotheTrustees |
| Team |
|
|
|
|
Endowment |
Restricted |
Unrestricted |
Total |
Total |
|
|
|
|
funds |
funds |
funds |
funds |
funds |
|
|
|
|
2024 |
2024 |
2024 |
2024 |
2023 |
|
|
Note |
|
£ |
£ |
£ |
£ |
|
£ |
| Incomeand |
|
|
|
|
|
|
|
|
| endowments |
from: |
|
|
|
|
|
|
|
| Donationsandlegacies |
|
3 |
- |
108,589 |
- |
108,589 |
|
- |
| Charitableactivities |
|
4 |
- |
- |
223,141 |
223,141 |
198,739 |
|
| Investments |
|
5 |
- |
- |
14,910 |
14,910 |
15,133 |
|
| Totalincome |
and |
|
|
|
|
|
|
|
| endowments |
|
|
- |
108,589 |
238,051 |
346,640 |
213,872 |
|
| Expenditure |
on: |
|
|
|
|
|
|
|
| Raisingfunds |
|
6 |
- |
- |
538 |
538 |
|
670 |
| Charitableactivities |
|
|
- |
- |
249,622 |
249,622 |
240,097 |
|
| Totalexpenditure |
|
|
- |
- |
250,160 |
250,160 |
240, |
767 |
| Net |
|
|
|
|
|
|
|
|
| income/(expenditure) |
|
|
|
|
|
|
|
|
| beforenetgainson |
|
|
|
|
|
|
|
|
| investments |
|
|
- |
108,589 |
(12,109) |
96,480 |
(26,895) |
|
| Netgainson |
|
|
|
|
|
|
|
|
| investments |
|
|
27,380 |
- |
27,786 |
55,166 |
89,425 |
|
| Netincome |
|
|
27,380 |
108,589 |
15,677 |
151,646 |
62,530 |
|
| Transfersbetween |
|
|
|
|
|
|
|
|
| funds |
|
17 |
- |
(108,589) |
108,589 |
- |
|
- |
| Netmovementin |
|
|
|
|
|
|
|
|
| funds |
|
|
27,380 |
- |
124,266 |
151,646 |
62,530 |
|
| Reconciliationof |
|
|
|
|
|
|
|
|
| funds: |
|
|
|
|
|
|
|
|
| Totalfundsbrought |
|
|
|
|
|
|
|
|
| forward |
|
|
574,747 |
- |
767,021 |
1,341,768 |
1,279,238 |
|
| Netmovementinfunds |
|
|
27,380 |
- |
124,266 |
151,646 |
62,530 |
|
| Totalfunds |
carried |
|
|
|
|
|
|
|
| forward |
|
|
602,127 |
- |
891,287 |
1,493,414 |
1,341,768 |
|
|
|
|
|
2024 |
|
2023 |
|
Note |
|
|
|
|
|
| Fixedassets |
|
|
|
|
|
|
| Tangibleassets |
|
12 |
|
464,486 |
|
337,437 |
| Investments |
|
13 |
|
999,578 |
|
983,994 |
|
|
|
|
1,464,064 |
|
1,321,431 |
| Currentassets |
|
|
|
|
|
|
| Debtors |
|
15 |
3,339 |
|
6,384 |
|
| Cashatbankandinhand |
|
|
30,896 |
|
21,922 |
|
|
|
|
34,235 |
|
28,306 |
|
Creditors:amountsfallingduewithinone
year |
|
16 |
(4,885) |
|
(7,969) |
|
| Netcurrentassets |
|
|
|
29,350 |
|
20,337 |
| Totalassetslesscurrentliabilities |
|
|
|
1,493,414 |
|
1,341,768 |
| Totalnetassets |
|
|
|
1,493,414 |
|
1,341,768 |
| Charityfunds |
|
|
|
|
|
|
| Endowmentfunds |
|
17 |
|
602,127 |
|
574,747 |
| Restrictedfunds |
|
17 |
|
|
|
|
| Unrestrictedfunds |
|
17 |
|
891,287 |
|
767,021 |
| Totalfunds |
|
|
|
1,493,414 |
|
1,341,768 |
| Restricted |
Total |
Total |
|
|
| funds |
funds |
funds |
|
|
| 2024 |
2024 |
2023 |
|
|
| £ |
£ |
|
£ |
|
| 108,589 |
108,589 |
|
|
- |
| Unrestricted |
Total |
Total |
| funds |
funds |
funds |
| 2024 |
2024 |
2023 |
| £ |
£ |
£ |
| 212,043 |
212,043 |
190,006 |
| 11,098 |
11,098 |
8,733 |
| 223,141 |
223,141 |
198,739 |
| 198,739 |
198,739 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Incomefrominvestments |
1,851 |
1,851 |
1,826 |
| Investmentincome-PVCells |
13,059 |
13,059 |
13,307 |
|
14,910 |
14,910 |
15,133 |
| Total2023 |
15,133 |
15,133 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Investmentmanagementfees |
538 |
538 |
670 |
| Total2023 |
670 |
670 |
|
| Analysisofgrants |
|
|
|
|
Grantsto |
Total |
Total |
|
Individuals |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Grantstoindividuals |
3,500 |
3,500 |
3,849 |
| Total2023 |
3,849 |
3,849 |
|
|
Activities |
Grant |
|
|
|
undertaken |
fundingof |
Total |
Total |
|
directly |
activities |
funds |
funds |
|
2024 |
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
£ |
| ProvisionofAlmshouseAccommodation |
246,122 |
- |
246,122 |
236,248 |
| GrantMaking |
- |
3,500 |
3,500 |
3,849 |
|
246,122 |
3,500 |
249,622 |
240,097 |
| Total2023 |
236,248 |
3,849 |
240,097 |
|
|
Provisionof |
|
|
|
Almshouse |
|
|
|
Accommodat |
Total |
Total |
|
ion |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Staffcosts |
57,948 |
57,948 |
54,824 |
| Depreciation |
28,078 |
28,078 |
12,565 |
| Electricity |
49,640 |
49,640 |
32,139 |
| CouncilTax |
- |
- |
593 |
| Waterrates |
7,806 |
7,806 |
7,447 |
| Insurance |
6,459 |
6,459 |
6,123 |
| Telephone |
1,658 |
1,658 |
1,295 |
| RepairsandRenewals |
53,373 |
53,373 |
72,897 |
| WindowCleaning |
1,455 |
1,455 |
1,920 |
| Groundsmaintenance |
12,865 |
12,865 |
18,206 |
| AlarmMaintenanceandSecurity |
4,703 |
4,703 |
4,890 |
| ArchitectsandSurveyorsfees |
5,274 |
5,274 |
6,213 |
| SculptureMaintenance |
566 |
566 |
452 |
| Otheritems>£1,000 |
2,534 |
2,534 |
4,888 |
| BankCharges |
149 |
149 |
157 |
| Investmentwriteoff |
4,044 |
4,044 |
4,044 |
| Training |
292 |
292 |
480 |
| Websitecosts |
654 |
654 |
612 |
| Governancecosts |
8,624 |
8,624 |
6,503 |
|
246,122 |
246,122 |
236,248 |
| Total2023 |
236,248 |
236,248 |
|
|
Freehold |
Fixturesand |
|
|
property |
fittings |
Total |
|
£ |
£ |
£ |
| Costorvaluation |
|
|
|
| At1January2024 |
628,259 |
27,781 |
656,040 |
| Additions |
- |
155,127 |
155,127 |
| At31December2024 |
628,259 |
182,908 |
811,167 |
| Depreciation |
|
|
|
| At1January2024 |
290,822 |
27,781 |
318,603 |
| Chargefortheyear |
12,565 |
15,513 |
28,078 |
| At31December2024 |
303,387 |
43,294 |
346,681 |
| Netbookvalue |
|
|
|
| At31December2024 |
324,872 |
139,614 |
464,486 |
| At 31December2023 |
337,437 |
- |
337,437 |
|
|
|
Otherfixed |
|
|
|
Unlisted |
asset |
|
|
|
investments |
investments |
Total |
|
|
£ |
£ |
£ |
| Costorvaluation |
|
|
|
|
| At |
1January2024 |
954,884 |
29,110 |
983,994 |
| Disposals |
|
(35,538) |
- |
(35,538) |
| Revaluations |
|
55,166 |
- |
55,166 |
| Amountswrittenoff |
|
- |
(4,044) |
(4,044) |
| At |
31December2024 |
974,512 |
25,066 |
999,578 |
| Net |
bookvalue |
|
|
|
| At |
31December2024 |
974,512 |
25,066 |
999,578 |
| At |
31December2023 |
954,884 |
29,110 |
983,994 |
|
2024 |
2023 |
|
£ |
£ |
| Photovoltaiccells |
25,068 |
29,112 |
| COIFCharitiesInvestmentfunds |
772,986 |
689,777 |
| M&GInvestments |
198,394 |
183,664 |
| Quilter |
53,132 |
81,441 |
|
1,049,580 |
983,994 |
| Debtors |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Duewithinoneyear |
|
|
| Prepaymentsandaccruedincome |
3,339 |
6,384 |
|
3,339 |
6,384 |
| Creditors:Amountsfallingduewithinoneyear |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Othertaxationandsocialsecurity |
258 |
258 |
| Othercreditors |
139 |
109 |
| Accrualsanddeferredincome |
4,488 |
7,602 |
|
4,885 |
7,969 |
|
|
|
|
|
|
|
Balanceat31 |
|
Balance |
at1 |
|
|
Transfers |
Gains/ |
December |
|
January |
2024 |
Income |
Expenditure |
in/out |
(Losses) |
2024 |
|
£ |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| Designated |
|
|
|
|
|
|
|
Funds-
allfunds |
175,000 |
|
- |
< |
= |
|
175,000 |
| Generalfunds |
|
|
|
|
|
|
|
| GeneralFunds- |
|
|
|
|
|
|
|
| allfunds |
592,021 |
|
238,051 |
(250,160) |
108,589 |
27,786 |
716,287 |
| Total |
|
|
|
|
|
|
|
| Unrestricted |
|
|
|
|
|
|
|
| funds |
767,021 |
|
238,051 |
(250,160) |
108,589 |
27,786 |
891,287 |
| Endowment |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
Endowment
Funds-
allfunds |
574,747 |
|
- |
% |
2 |
27,380 |
602,127 |
| Restricted |
|
|
|
|
|
|
|
| funds |
|
|
|
|
|
|
|
| RestrictedFunds |
|
|
|
|
|
|
|
| -allfunds |
|
- |
108,589 |
- |
(108,589) |
|
|
| Totaloffunds |
1,341,768 |
|
346,640 |
(250,160) |
- |
55,166 |
1,493,414 |
|
Balanceat |
|
|
|
|
Balanceat |
|
1January |
|
|
|
Gains/ |
31December |
|
2023 |
Income |
Expenditure |
|
(Losses) |
2023 |
|
£ |
£ |
£ |
|
£ |
£ |
| Unrestrictedfunds |
|
|
|
|
|
|
| Designatedfunds |
|
|
|
|
|
|
| Extraordinaryrepairsfund |
150,000 |
- |
|
- |
- |
150,000 |
| Cyclicalmaintenancefund |
25,000 |
- |
|
- |
- |
25,000 |
|
175,000 |
- |
|
- |
- |
175,000 |
| Generalfunds |
|
|
|
|
|
|
GeneralFunds-
allfunds |
591,322 |
213,872 |
(240,767) |
|
27,594 |
592,021 |
| TotalUnrestrictedfunds |
766,322 |
213,872 |
(240, |
767) |
27,594 |
767,021 |
| Endowmentfunds |
|
|
|
|
|
|
| Capitalreserve |
512,916 |
- |
|
- |
61,831 |
574,747 |
| Totaloffunds |
1,279,238 |
213,872 |
(240, |
767) |
89,425 |
1,341,768 |
|
Endowment |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2024 |
|
£ |
£ |
£ |
| Tangiblefixedassets |
- |
464,486 |
464,486 |
| Fixed assetinvestments |
- |
999,578 |
999,578 |
| Currentassets |
602,127 |
(567,892) |
34,235 |
| Creditorsduewithinoneyear |
- |
(4,885) |
(4,885) |
| Total |
602,127 |
891,287 |
1,493,414 |
| Analysisofnetassetsbetweenfunds-priorperiod |
|
|
|
|
Endowment |
Unrestricted |
Total |
|
funds |
funds |
funds |
|
2023 |
2023 |
2023 |
|
£ |
£ |
£ |
| Tangiblefixedassets |
- |
337,437 |
337,437 |
| Fixedassetinvestments |
574,747 |
409,247 |
983,994 |
| Currentassets |
- |
28,306 |
28,306 |
| Creditorsduewithinoneyear |
- |
(7,969) |
(7,969) |
| Total |
574,747 |
767,021 |
1,341,768 |