OpenCharities

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2024-12-31-accounts

2024 2023
Unrestricted Restricted Endowment Total Total
Notes funds

S
fund
L
fund
c
funds
f
funds
I
Income andendorvmentsfrom
Donationsand legacies 440 440 300
Charitableactivities
Provision of Almhouse
accommodation 267,099 267,089 277,440
Investrnent income 2 18,741 18,741 21,183
Total 286,270 286,270 298,923
Expenditureon
Charitableactivities
Provision of Almhouse
accommodation 315,436- 3r5,436_ 381,16t
Relief ofagedpersons 320
Total 315,436 3t5,436 381,481
Netgains on investments 13,315 5,783 19,098 45,233
NET
INCOME(EXPENDTTURE) ( 15,851) 5,783 (10,068) (37,325)
Reconciliationoffunds
Totalfundsbrought forward l,l50,014 230,629 l,ggo,643 2,017,968
Totalfunds carriedfor-ward 1,734,163 : 236,412 : I,970,575 1,980,643

2024 2023
Unrestricted Restricted Endowment Total Total
funds fund fund funds funds
Notes
f,
f g f f
Fixedassets
Tangibleassets
Investments
9
10
t,249,046
390,542
236,412 1,249,046
626,954
1,249,127
657,8s4
1,639,599 236,412 1,876,000 1,906,981
Currentassets
Debtors 11 4,364 4,364 2,793
Cashatbank I 05,000 105,000 99,528
109,364 109,364 102,311
Creditors
Amountsfallingduewithinone
year t2 ( 14,789 ) (14,789) (28,649)
Netcurrentassets 94,5',75 94,575 73,662
Totalassets lesscurrent
liabilities 1,734,t63 236,412 ,970,575
NETASSETS ,734,163 : 236,412 1,970,575
Funds 13
Unresricted funds 1,734,163 1,750,014
Endowmentfunds 236,412 230,629
Totalfunds : 1,970,575 I,980,643

Investment income
2024 2023
tf
Fixedassetinvestmentincome 18,741
21,193
3. Charitableactivitiescosts
Direct Support
Costs(see costs(see
Provision of Almhouse accommodation note 4)
fl..lt
note5)
f
1tn1
Totals
f
1r,436
4. Directcostsofcharitableactivities
2024f 2023f
Staffcosts 80,363 61,360
Rates andwater 11,547 11,121
Insurance 8,058 7,997
Lightand heat 43,526 59,214
Telephone 2,868 2,673
ITsoftwareand consumables 8i8 86
Repairs and maintenance 136,182 93,498
Gardening 5,071 3,615
Payments to named pensioners 320
Christmasparty 2,081 1,329
Extraordinaryrepairs 8,311 129,940
Fireand safety checks 5,334
304,I59 371,049

Supportcosts
Governance
Finance
f
costs
gf
Totals
ProvisionofAlmhouseaccommodation 572
:
10,705
:
11,277
:
Supportcosts,included inthe above,areasfollows:
Governancecosts
Governancecosts
2024 2023
Provision
of
Almhouse Total
accommodation activities
f, c
Wages 1,720
Postage,traveland sundries 3,180 2,913
Independent examinerfees 4,901 3,1 18
Trade subscriptions 806 781
Sundry 471
Depreciation of tangible fixedassets 1,347 1,378
10,705 : 9,910

Staffcosts
2024 2023
Wages and salaries f,t
80,363
63,090
80,363 63,090
The averagemonthlynumberofemployeesduringthe year wasasfollows:
2024 2023
Charitable activities 4 4
Governance 2 1
6 5
: :

Comparativesforthe statement offinancial activities
Unrestricted
funds
I
Restricted
fund
f
EndowmentTotal
fund
funds
cf
EndowmentTotal
fund
funds
cf
EndowmentTotal
fund
funds
cf
EndowmentTotal
fund
funds
cf
Incomeand endowmentsfrom
Donationsand legacies 300 - 300
Charitableactivities
Provision of Almhouse accommodation 277,440 - 277,440
Investment income 21,183 - 21,183
Total 298,923 298,923
Expenditureon
Charitable activities
Provision of Almhouse accommodation 381,161 381,161
Reliefofagedpersons 320 320
Total 381,481 381,481
Netgains on investments 40,396 4,837 45,233
NET INCOME/(EXPENDTTURE) (42,162) 4,837 (3',7,325)
Reconciliationoffunds
Totalfundsbrought forward l,'792,),76 225,7922,01',7,968
Totalfunds carriedforward 1,750,014 :: 230,6291,980,643

Tangible fixedassets
Fixtures
Freehold and Computer
property
f
fittings
t
equipment
t
Totals
f
Cost
At1Janoary2024
Additions
1,245,000_ 57,756 2,995
1,266
1,305,741
1,266
At31 December2024 1,245,000 57,756 4,251 1,30'7,007
Depreciation
AtIJanuary 2024 54,737 1,8'17 56,614
Chargeforyear 754 593 1,347
At31 December2024 55,491 2,470 57,961
Net bookvalue
At31 December2024 1,245,000 2,265 1,791 1,249,046
At3lDecember2023 1,245,000 3,019 1,109 1,249,12'7
Fixedassetinvestments
Listed
investments
f
Marketvalue
AtIJanaary2024
Additions
657,854
2
Disposals
Revaluations
(48,197)
1',7,295
At31 December2024 626,954
Netbookvalue
At3lDecember2024 626,954
At3lDecember 2023 657,854
There were no investmentassetsoutside theLrI(.
Cost orvaluationat3IDecember 2024isrepresented by:
Listed
investments
Valuationin202l
Valuationin2022
Valuation in2023
Valuationin2024
t
753,207
(141,453)
(24,781)
39,981
626,954

lt. Debtors:amountsfallingduewithinoneyear
2024 2023
f t
Prepayments and accrued income 4,364 2,793
12. Creditorsramounts fallingduewithinoneyear
2024 2023
f, f
Othercreditors 14,799 28,649
13. Movementinfunds
Net
moyement At
Ltilu24
f
infunds
f
3ut2l24
f
Unrestricted funds
Generalf,urd 1,', 06,734 (19,322)
ExtraordinaryRepair Designatedfund 43,280 3,471 46,751
Endowment funds 1,750,014 (15,851) 1,734,163
Permanentendowment 230,629 5,783 236,412
TOTALFUNDS i,980,643 (10,068) t,970,575
Net movement infunds,included inthe aboveare asfollows; Net movement infunds,included inthe aboveare asfollows;
Incoming Resources Gains and Movement
resources
s
expended
f.
Iosses
t
infunds
f
Unrestricted funds
Generalfirnd 286,270_ (3I5,436 ) 9,844 (19,322)
ExtraordinaryRepair Designatedfund 3,471 3,47
Endowment funds 286,270 (3r5,436 ) 13,3i5 (15,851)
Permanentendowment 5,783 5,183
TOTALFUNDS 286,270
:
(315,436)
:
19,098 (10,068)

Net
movement At
Atu1]23
f
infunds
f
3llt2l23
f
Unrestricted funds
Generalfi,urd 1,751,426 (44,692) 1,706,734
ExtraordinaryRepair Designatedfund 40,750 2,530 43,280
1,792,176 (42,t62) 1,750,014
Endowment funds
Permanentendowment 225,792 4,937 230,629
TOTALFUNDS 2,017,968 (3',7,325) 1,980,643

Incoming Resources Gains and Movement
resources expended losses infunds
c f f t
Unrestricted funds
Generalfund 298p23 (381,481) 37,966 (44,692)
ExtraordinaryRepair Designatedfund 2,530 2,530
298,923 (381,481) 40,396 (42,162)
Endowment funds
Permanentendowment 4,937 4,937
TOTALFUNDS 298,923 (381,481) 45,233
:
(37,325)

2024t 2023I
Incomeand endowments
Donationsandlegacies
Donations 440 300
Investment income
Fixedassetinvestment income 18,741 21,183
Charitableactivities
Maintenance contributions
Rents and wayleaves
265,817
)
270,239
)1
Coldweather payments 1,270 7,180
267,089 277,440
Totalincomingresources 286,270 298,923
Expenditure
Charitableactivities
Wages 80,363 61,360
Rates andwater 11,547 I 1,121
Insurance 8,058 7,897
Lightand heat 43,526 59,210
Telephone 2,969 2,6'73
ITsofnware and consumables 818 86
Repairsand maintenance 136,182 93,498
Gardening 5,071 3,615
Payments to named pensioners 320
Christmasparfy 2,091 1,329
Extraordinaryrepairs 8,31I l2g,g40
Fireand safety checks 5,334
304,1 59 3',11,049
Supportcosts
Finance
Bankcharges 572 522
Governancecosts
Wages 1,720
Postage,traveland sundries 3,180 2,913
Independent examinerfees 4,901 3,118
Trade subscriptions 806 781
Sundry 471
Carried forward 9,358 8,532

2024
ff
2023
Governancecosts
Broughtforward
Fixturesandfittings
Computer equipment
9,358
'154
593
9,532
1,007
371
10,705 g,gl0
Totalresources expended 315,436 3gl,4gl
Net expenditure beforegains andlosses (29,166) (82,558)
Realised recognised gains andlosses
Realised gains/(losses) onfixedassetinvestments 1,803 (2,627)
Netexpenditure (27,363) (85,185)