REGISTERED CHARITY NUMBER: 213895 Ae olyne 4iTrzsAouseS Re ort of the Trustee5 and fted Flnjndal Ststeme euxAlmsh ered Pr vlde usi ate Petèr Hod8son & Co. Charte￿d Accountants Shadwell House 65 Lower Green Road Tunbridge Wells Kent IN4 8TW The Molvneu5 Priiate R %tered Provid ial Housi Cott¢ nts of the Finantial Sts ements E dod 31 Decèrnber 023 P¥ge Report of the Trustc lttdtp¢Ddent Ex*mlntr'$ R¢port StAtem¢nt of Adivlti 10 Sl8teixi¢fit of Flnan¢i¥l PosltloD 12 Noteb to th¢ Fln*nel•l S¢atemeThts D¢t*ll¢d St4temeTh¢ of FlniD¢bl Attivlths 13 10 19 20 The fvlolvBeui Almshouses rTr Provide Sotlal Hou h'o: A4183 for the ded 3] 2023 The Tnjslees pr&senl tkir report with tk fina]￿la1 ￿•(eD￿nts ofihe clthrity for the ye¥ ¢Thled 31 Decejnber 2023. Tbe TTusiees have ￿0p1¢d th¢ provisions of Accountin8 a￿j Rqx)rtin8 by ChaTiii¢s.' Stsiemenr ofR¢¢ornmended Pritti¢e appliellbk io charities preparing Iktr aceounts in accordatre with the FIM￿Ial R£￿ttIng Star¥Jard appli¢ablc in tlte UK and Republic of Ireland IFRS 102) l¢tTective l Janu8ry 2019). Jn addiljon, the Tn￿t¢¢¥ have ailopted Th¢ AccouMing Dire¢tioD for Private Re8tstered Provtdez5 of s￿la1 Housing 2022 as issu¢d by the R¢8ukntor of Social HotLSin8. OBJEcfivES AND ACTIVITIES Prinelpgl Attfvitie5 Th¢ piill¢ipal aclivity of the Chrity Coniinws ￿ b¢ the prOvisM￿ of a¢¢otnt￿d8lityj in sixiea4 one [￿tr￿l￿. pr()p¢riies for people of litoiied nJ¢otLS with prioriiy be￿8 wven io those wlx) We￿ bom or wt¥b are lor were} lonB4emJ residents of Tunbtidge Wells. The is a eharity r¢giaered with the Chority Com￿1$S1o￿. Publ1¢ Ben¢flt The Chariiys vision and values a550¢i4led objeciives ar¢ Te8ularly r¢view¢d 10 ¢llsure they ¢ontinve kn reflect the cliari1￿$ aims thnd xh¢me. Ill t&ryiJl8 oul thi5 ￿l¢w. the Trwrees hov¢ ¢omplied widi Ihe Chfyrily Commission's iidan¢¢ 10 huve due regard ￿ pubbc benefit. To pri)vide eonvenieni. tomforthbk aDd Accom￿¢10￿ 10 thos¢ ID nerf withiD a friendlyand WPPOrfive settin8 nd wihin Ilw local coinmunjly. Otsr Vtslu To meei thai vi5ioJi ihe Trustses will seek to . LoniiThiioiisJy develop Ind maintain the hi8lwi 51alldArd of ￿¢0￿￿￿tIon 8t￿ commutwi gourKls withitl th¢ Alm$housc5 $11¢, - Proinok ￿￿end¢n¢e for re5ideiJi$ with the h¢kup of frietth and family mhl Ihe locBI ¢&re servic¢4 . Crellle on atsno%Pl￿re which. wknl$i respeeiing prNacyahd divu5tty. ¥rmwes ReSid￿ts ￿ Dlake friends &Jd sharl. a wider %ociol lif¢ bodi within th¢ Abnshow 5iie •nd the viltO8¢ of R￿tha]I. . Become nn ini¢grLI and rccowsed pan oyik Rwlhotl ¢onJnWnityo￿j ihe lowti of Tunbridge Well$. Our ObJettlve5 Ov¢roll, Ilie churi1￿s obi¢¢iives are ¢0 provide QUALITY in the EFFICIENT, EFFECTTVE and ECONOMIC way tt In or&r io fuifjl the Vi$ion llr￿ Values, the Charity has the followin8 objcciivcs.. . To bltild 02) Ilie past. io secure the fuDJre for lh¢ Ch8riiyarKI ils ¢yrreM fil￿re bcnefL¢iaries. through.. - proli¢ieni eÈYc¢iive martll8emenl orth¢ Churity - Vl8orou$ Compliance with all relevant l¢8al and regulaiory fr*mewtks - OPlimi5iiig retums on ih¢ Chorilys ¥¥rts stron8 fi[￿n¢1￿] control - To improve the standard of Ihe accommodhiion that ilprovides for the Rcsidertts thTh￿.. - otl8oittB jnatn1en4ll￿c ofthc propenics - remodelling orexiendin8 th¢ Al￿￿knu - development of the commutt4LI grounds - To improve fÈnd extend the seryices th)¢are provided for the R￿"d￿. - To provid¢ opporntsuliets and thcilities for the Rtsidenfs to to8etl*t. with friends 4nd famity Und the Rusthall Colnn￿ni1y. throu8h conununity rotrm fxiliiies aryj on-siie visiiot accollrn(rflalion. - To be involv¢d In the life of Rusthall throu8h panKip2iton in the v*i¢d activtlits of villa8e and contributtttg to drfision-IMakin8 ai a local level. Pa8t I TILe Molvneu5 ATm5hou Yxte tstered Prtsvide Social Housin Yo: A4183 Re rt ofthe T 5tees for the Year E FINANCIAL REVIEW Gener¥l Dul'ing th¢ 2023 financial yw. the Charity have ¢oNinued to teview the nunagem¢nt and maitiienanL% of the propenies, th¢ 8rwnds. the servic6% ttnd tk care provided to the Residenl$. seeking continued improvemetst at all times. In additLOrt. Ihe Board of Tn￿tte5 hav¢ had regard to th¢ requiremts of IL8 ￿Ul?￿r> the Regulaior of Social Ho￿l￿g (RSW and Clwity CoTmiission (￿7. the 8uthtKe and &w￿rtoff¢rtJ by the AlUtshO￿ A&sociation. Flnanelthl Positlon The Board of TnLske5 r¢wi ll swplus in its oei of £60.613 for the fllwKia] year endin8 31st Deeemlxr 2021: Illi5 Can be compDred wilh a SUTplus of£15.068 for the same peri(vJ in 2022. This y¢ae$ SUTplw r¢Oe¢ts th¢ 'one-otT' additLOlI olthe an¥)rlised Brants: fwth¢r ittforuwiioD L5 give￿ on pase_ The Ch￿1￿5 Lilcome i¥ 501ely derived from the Weckly Mainietwn¢e Contr￿1 uti¢)n with the ¢x¢eplion ofsmall donaiion$ of £10 its £15 per morrtli Com￿8 from rhe TW Lotto ond a few th)nalions from %￿pOn¢T$ of the Lhorily. The ILTrn8 ienn vac4Ui¢y refe￿d ￿ in the 2022 TnJs*es Report has e0nl1tt￿d in10 2023 As Tws¢¢es proBT¢SS their pljns for the reny)dtllin8 of oll¢ of ori8intil 192U5 prop¢rti DwiD8 the earlyp•rt of 2023. D Ioo44enn Re5ideni nY)ved away w be replaced in1¢ss th8n 2 ttx)nilLq by a new Resid￿11 who htty proved a r¢tsl B5set io our Almshowe ¢oÈ)mnity. A vaun¢y oc¢urr¢d mid-wlly diroush the yeor but this lime IIK recruiimrni pr(>cess look much ion8er and li was ool uniil Ilx¢ btsinnin8of 2024 I￿l the Trn$*e5 wer¢ able 10 ¢QLifirm a i*w Resid¢ni's appoirtlLneoi. Al lh¢ folefroni ofall decL5ions thkeji by the Tntsi¥Ys ts the inwacr on the Trusi's from th¢ loss of cvcn jii81 one rtsid¢rf. Willi only 16 prop¢rties and lir8¢ly el¢Jerly Reside015 Ihi5 cr¢•ie5 a degree of uJ)tenJinty which lia$ to be fAc¢ored into the de¢ision mokirt8. The tsyts ￿￿ncIeS rn¢Diiontd ttbove re5ulied in B 105$ of iJKome ot. £5.985. repie3¢rf1118 5.34Y0 of thui du¢, based on full ocuyn¢y of the curr¢iii inlmbilable pmp¢ni¢x of 15, atyj ju51 sli8hily above lh¢ 5% wlu'ch hlld b¢th allowed in our •DEiu*l bud8ei for un¢xp¢cied voids. Property reloted ¢xpendiNT¢ in 2023 (l￿bIding an for dewttititionl fell by jusi uTr4er £30.000 from the 2022 level. ITh 2022. the Charity speni £15.0(K> tarryin8 major rthishments io two o( the properti¢$: Uiis '¢xtruoTdirtAry" expuOiiwe Iw 8-one-o￿ and repculed in 2023. Cy¢lical mThjThtena￿¢ expendi¢ure ￿mE £5500 hi8her than in 2022. A major conth￿t0ry fador w8$ the c05t of retLovalinB one ofihe pmp¢riLes wkn'Gh had become ettwty after 10 yeorf prior otciwancy. Ill Jddilion. Le8Lonella Rj'sk kn¢*$menlS were ca￿led in Qll of ik Almshouw pl￿8 th¢ requwed 5-)wly Electrical Lircuii ltspeclion5 in OLW4hir(I vf Ihe prupBrtie5. Health and safety GO$￿ a¢¢owit¢d for 12% of the TWti)x a%￿ndIture. 20% was spen¢ io ¢n￿loY1118 ¢orttrlltlot5 to rarry oul both irtiernttl ALM4 exiernai its th¢ pro￿lieS and g 35% itk mainthining IIK Sl'ounds. The r¢nwinin8 21% of Ihe routine tr#Lint¢wn¢e costs ¢￿Ted ¢kHnin& appliDnce repairs. 5etUTity and other iiiinor ¢xpeJise Very few extraordinw rep#ir5 requi1￿ in 2023 with the ODJY ewnse of my si9nifK￿ bcin8 ihe £3.010 spent on minor repai[5 lo and the wch*ay¢ntrance to tk Alm51￿ sil¢. A fvrth¢r SI￿￿ of £21.553 h*s been addd ￿ tsngJbl¢ fixed assets 'freelLold proFrty" in Te5p¢cL of the coiilinuing ¢xpendLwre for the ottgoing UP8Tadin8 of the Ahn5knuse • plu5 the preliiTlllWy-¢)n rosts" for the forth¢omirtg mlljor [eM[￿e1]in8 of one of the prO￿nIes. ID ￿111¢)￿ Ihe ¢051 of P￿idin8 rt¢w di￿￿1 lifeline equipxnent hll8 increased Ihe tangible th$5ei$'fixw¥es a￿] filtin￿ by £7.113 M&nag¢menL estsLbli5hm¢Dt 8tLd 3dmin151rntJoD costs alnwsl doubled 2021 folloML)g ihe employrneni of Administrator ai th¢ begiDtixng of the jatt￿ry. The other SL8nificaTht tnctea¥e5 ID expetLditsre relaie io the utility and couiicil tax cost5 of leavills orte wopetty emply for the Jyar. the IWsti￿ ofll new DwtabAse plus th¢ professional fee5 Incutred for the 5¢ryices oF501iGj1015. yah￿5 atyj srdjilttts. Pa8e 2 The Molvneux Althshou5 Private R er &*tial Houskn lio: A4183 of the T ste for the VeAr 2023 Buslnes¥ Revlew Last yeMr. we ivere pleased lo res￿￿ itliiial work on the re¢on68uring of the celltrdl ro&dway •xl increase in tli¢ n￿nber of p*iking spacts h8d b¢en tompld¢d. Tr Introd￿tiOn ofpave4 level acetss, pathways to vario￿5 propenits IS 8OiDe years down the way bul during th? 23 inl¢rimwork was c(rykkd 108thr with the prcpsrntion of tli¢ vnd5 for the lands¢ape planliThg to coinn*w¢ in th¢ eadyspJin8 of2024. As mentioned prewiously. the TrwKs have pl4n5 for the [en￿deNl￿ of one of the 'llJl ￿ttr oldt prop¢nLe4 and in readiness for this rewsed planuin8 ￿rMisSIon and illiiial eostiTh8s ha%* betn I￿18l￿ed. The Ttu*cs will be seekin8 aCLess 10 8faJJTS fr￿ll Homes Engltsnd iowards the cost ofihis w(Mk throu8h Al￿￿0￿￿¢ c￿SOn1￿M Limited. as soott as the Tr￿¢,$ ¢onv¢rsion to a Cbariiabl¢ Inc0T￿l￿ted (￿BanL￿tIOtt is compl¢knl. "rhe QU￿qllenn1al 8urv¢y is due in 2024 alld the Truste¢s are not •*icipiiin8 auy major eX￿nd1(￿re arisin8 froin i T¢pofi all1￿￿￿h th¢y ate Prtht er#)u8h 10 be pre￿￿ed foT the wexpecied. With lh¥ lalldline i¢lcphone serYr¢es sw1*h￿8 10 4 fully dL8ilal nett￿0￿. the Tnw's 8DHIo8ue bf¢lirK equipment would be reduthdiim within a couple of year* The Chariiy. thu¢ffi￿e. pttrchased n¢w digithl lelecart, equipment wluch M ojily conn¢iied the'lifeline, 10 a renN)ie custonKT service e¢ntre Iwr a150 the sntrjke and carbon ]nonoxid¢ al817ns and a ttewly inirodu¢ed bosus call¢rpauic buiion. The need 10 provide oifice A¢¢ommodaiion for Ihe Charitys Aithw'nis¢T41or is a priority #i)d the TrLtsi¢e$ I18￿ obiaijied lh¢ necc55ary plannin8 ￿miSsion for a portable offiec c8bin lo bE c￿¢(¢d ihe AlmshKbW $it¢. Thi"$ is ptalu￿￿ thr 2024 but the neces$ttry f￿￿Ing musi be obthiKd r￿. Lo#n$ Tlie Trust ￿ntinUeS ￿ mth Ihe •nnual repayTh*N of£7562 ￿ the AlU￿bOU$e Associ￿10￿ two interest free loaog will be fully r¢paid by 2028. Cr&nls The lolal graiils Teceiv¢d from Homes En8land for PhTr￿ l artd 2 oftkn 2016-18 develownent work loralted £lOO.OOO' these granis huve previously been wrii¢en orr, on 4 5traigkn line bA$i5. over a 10 ye8rpcriod. With the eh4n8e in Sec 5.8 ol. I'he ch￿[111¢$ SORP. we hav¢ now followed Ihc re¢0mnK￿d pr￿ti¢¢ to re¢o8rtis¢ the remainin8 blllance of the Ainoriisgd 8rulltS 85 ¢h8rithbl¢ illCOnJE ond amowjt of £44.824 has been add￿ 10 the 202.1 -Chariiobl¢ Adiviltes" It*01￿e. Flnan¢knl Etfe¢t ofsignlfic•Dt EveDt¥ Followin8 th¢ si￿1rj¢￿0t in 2022 for the r¢wnfi8win8 of tJ* cejthl rOAd￿Y prkin8. 2023 was a ye ol. consolithiion #nd pla[￿]ng for fijture proje￿& with th¢ Chan'ly finishi08 the y¢ar with £53.918 in the Combined cuntnl reserve accounts. Pase 3 The Iloli'n¢ux Almshouqes vate i4tered Proiidtr o So¢i¥l Housi No: A4 ort ofthe T stee5 eYeArE fort 023 FINANCIAL REVIEW V*luc for Money The Regul&tor of Social Housing's new standard for reportithg val￿ for Money inio eff¢ct on the Isl April 2018 ynd ¢oveTS all 8¢COilrtts Pr￿l￿ed frouL 31 MaTch 2018. Seven key mdri¢S have beert defined aTound r¢iThveslment: supply ofboih new sociol hou5Jng and ]M)n￿￿1￿1 housing gearinB: before tswifJ¢ d¢diiction& SL OS LtLier¢5t, depreeiaiion. amortisalion. ll￿J0T repll1￿. s￿111 housing Costs per wjil: operatiftg Jnargins 8nd on C8piial ¢n)ployed. 'n￿ Value for Motry fiDancid whith follow arebwdon those s¢ven key metric5. METRIC I: RelnvtstD*nt Tliks Lttetri¢ l(M>ks ai Ihe investD*EIt ith the ¢wreni AlWsbr￿t mxffies as 8 wcertthge of the vhlue of the PTopLfLie& Tlie Molyneux Alttlthouses m¢&8w¢ is 4.04% METRIC 2: N¢w S¥ppty ISocl*l Houykng and NOD &¢l*l HousiDg ijttlts Tliis m¢triC looks at the vthlue for effectiverts5 ill Y4)plying hou5m8 units. LXwin8 2021 iher¢ were no new unils either sthrted or completed wilh the BoaFd of TnLqee5 concthtyalill8 on the wort rLeethd lo maintain ils ¢XlStins ils and ihe site over811 llrtd pl*i for (uiurc de￿lopMent. METRIC 3: Ge•rln% Thk8 LD¢ifi¢ tsss¢sses how i)Jwh ofthe adjus￿ asse15 •re mdc up ofd¢M and ikn degrrt Orde￿nder￿e on debi finuThx. li is oAeTh B k¢y inJi¢aior of • re8iStered provide¢5 appetiie for ￿0￿h. ThJ"$ rcflects t7￿ ¢wr¢ni posiiion of prepJrntory work for Ihe future The m0lyle￿X Alttllhous¢s m¢8sur¢ is 2.08%. METRIC 4: E*rnlngi B¢fore lthtereJ( Txs D*prttlA¢lofy Ankirtb*Otsfi. M*Jor Repxlrs In¢lwd¢d IEBITDA MRD Intereyt CovEr Thi$ mLa%ure is s k¢y indicllwr for liquidity Ind ¢apacily. li seeks io n*osure ihe level of Surplus tkni o re8isiered prtyvid¢r 8oKrnies io in¢ere51 poy7ble •nd #voids 8my di51t>ni0os slanmiLW Iroin ihe depr¢¢iaiion The Molynewx Almthou8e5 meii8iw¢ 1$ iiot applicable as nc+ ititeresi w*re incurred in the year. METRIC q.. H¢adllnt SodAI Hou$lng Cost The uLit metyic a$5¢$￿S t1￿ headljne soci41 ho￿$*n￿ eos¢ per unit &fined by the ReBulator. Tlie MolyMe￿X Almshoitses m¢&sure is £7.-120 METRIC 6: Opcra¢kn8 M*rglD The OFrniin8 MnTgitL denM)ts5tr11¢$ Ihe profiiabiljiy of opmiins as￿5 befoY¢ exceptiwl ¢xp¢Nw are token into ccount. lrtcrenyin8 iwrsiTh8 are ort ￿Y to inyrove the f)no￿lI1 elYi¢iertcy of 4 bu%ine5s In assts51n8 this rulio. it LS iinPDrionl digt ¢c)nsJderalion is 8LveTh lo regi5tercd provid¢r¢ PWPO8¢WKI objwlLves (l￿1￿11n8 thcirso¢ial objective5}. Thc Molyneux Al￿57￿￿5¢5 {social hwsitigl me85urc 15 54.46 Th¢ MolynwLX AltEthou8¢5 (oversll) is 38.87% METRIC 7: RcturD OD CApii¥l Ewloyed This mdric compare5 the opergling 5urp14Js tr) lotsl 85sels less Cuflwlt liabilities Ind a common measure in the ¢oJnmercipl se¢ttsr 10 as￿*$ th¢ etYi¢ieth inv&4iii*Dt of capithl re￿￿¢ The Molytteux Almghou8¢5 mety%ur¢ is 4.87% Pa8e4 The Iqol neux Almshou5 vate ister rovider or Soeial H0tr5111 No: A4 ror the Ye*r 31 Dete F1Tr4ANCtAL REVIEW Re5¢rve5 The R¢setv¢ Fund. held io a De￿it Accowii wilh the Ctrop￿ive B￿. ts to provid¢ uDrestricied rewves and io ccumulale mottles for." - major repairs to the Al0￿hOU - itnprovetnenis orrebuilding olth Al￿$hOUSe$ - Ilje huildjng ofnew AJJnsh¢)us¢s and fllciltli¢s for the benefii of the Residents - Jnajor repair$ 4nd improv¢ments 10 Ihe 8rninds. ¢nir)nce. c¢rttral roadway and pathwa - major repiirs a]xd ijnpft>veu￿Mts lo the ulilitysejvl￿ No addiiions or dedu¢iioJJs were mode lo the Keserve Fuad as the CO￿ ofthe ¢orAinued upgradipg orth¢ 8rounds were Jnei tmm die ciitsenl accowii. Therefore. &$ ai .71￿ Ikcenkn 2023. the u¥)ni¢¥ hekl in lh¢ FUEMI had Ti5en by rht eddition o* iniereu from QO.146 ai the eNI of 2022 ￿ £20.180. GolDg Concern The Trustees Lontin￿ to be of ihe opinion Ihat the overnll fj]wxiat Posilion of the Tru* is heakljy. thai it js able io nKet ils ¢urreni and fisttjrt Lxjmjruirtknts. 1$ u 801118 concem Th¢ balance ofihe in¢ome end expenditure ¢CCOLmt as tst -Ilu DeLember 2023 was £599,84312022 - £52621514fter tk ￿￿PIUS for the Of£(￿.61./ and revllluaiion iran5fer of£12,9951202?_ £12.1461. The revoluaiioD rc%rve ul the end 012023 wa6 £730.665 {2022. £743.660). CaretiLI manogement of Ik Charitys fLnprKtt coiilinues 45 the Tntyitts ¢{￿lder tl* wgy forward for th¢ propo8ed r¢ThKs(kllin8 previ1￿51Y meniioned. Th¢ Tnislees are 4ware of their r¢wtt$ibility to folknw of Rttommeaded pr￿l¢e ATrJ lo follow the nccounljJJ8 r¢ouir¢LnenL4 for the n¢wAc¢ouMI￿ Direction for Re8iSterEd Provid¢rs of SOCMI Housing 2022 ltyd*pond¢bt Ex#mln¢rs A rl's￿lUtIon 10 ie.app)ittl P¢ier Hod8son & Co. ts Itkkwjem Examtntrrs for 2027 wa# p￿9ed ai the T￿￿tee9 Exiraordtrt4ry (i¢n¥al MeeiiTrg 0]] 13ih Dewnber 2022. STRUCTURE, COVERNAF4CE AND MANAGEMENT Goverhlni document TIJL Mo1￿¢UX AlILshouse5. Rusthall. TuthidBe Wells. K*)1 TN4 8SE, is an unincoryoM¢d chariiy registered with the Charity Commission (NumEer213895) atsd ¢on¥timled byDeed ofTntsi dated I3￿) Novejthr 1986. CoveTnlttg In$trumeLt Tlje Tr￿1 was ori8iNlly established in 1922 following the Ikaih of Con$tsnce Melville who bequesthed morley i tknemory of her paren15 lh¢ Hon Frnncis ar¥] Lady (icoigina Molyjevx. Over the yeats lI￿re have beett fi￿her schetrrts: liowever. th¢ Charity5 PtitL¢iptsI aciivily r¢Marr￿ unchan8d to this day 4twJ fvrrils ils found&s desire of providing AlJn$liouse s¢conJmEMlkiiott tor"p(KJr n*n and WOllKTt" WIK) hwve long-lmeonnetiions with T￿brid8¢ Well& thtrin8 2￿4. the process of chan8in8 the ￿]￿litu1￿n of th¢ Cknriry lo a (hritabl¢ Inwraled Orgonisaiion {CIO) sjjould be compleied thus i¢movin8 ￿TSOnal responsibility for Ib¢ finarKial risks 4ssocrgied wtth th¢ ￿tr￿in8 of the Charity ft01￿ Ihe individual Trust¢es As H Private R¢8i$i¢r¢d ProvidEr of &Ki81 Housin& thc Tnw is resula*d by th¢ R¢gula￿T of Social Howitw (Number A418_7). Code ofcoverknauet The Itijstees ar¢ pl¢8sed lo report that the o)mplies with the Stsndatds of Abn5hiuse MaE*8eineiit and aeknowl¢dses the on8Olth8 help that is 8iven by th¢ Almsh￿e As?￿jatiOn m the M￿8¢n￿llt of the Charrty. Tjie Chorily CoryuJMs5iott% Code ofGovernance fo¢ws 8llentioD ott rh¢ principaIs of 8ood 8overnan(t I￿[ thut is the co(k Ihar ihc Board us¢s for examining Jls PTin¢ipab aud applJiti8 to tk rumirng of tk Clwrity. The Mol %'Ate R Soci21 AlD￿houSeS Pro%ider ousi o: A4185 of the Trwtet ear ED STRUCTURE GOVERNANCE AND MANAGEMEwr TTll$tec Appointll*Dt5 ¥lld RecruitmeDe The power of appoinlirtg new or additioual C￿)ptIllive Tr￿e¢S is veswl in the nwjority of tbe Ttust¢es with the Lrtal Aytlioriiy havli￿ lh¢ power to nominHie ijyjiv)d￿YS for $ub4u¢th formal aEpinuwtt kt J Sp¢¢i•l Ge1￿ra] eetin8 of the Board of Trwiee& The five term of appointh￿l of iwo C(popialive ndmcly Gill PrJLer ?nd Rev. Rowiie Williain5 ca io etvl durin8 2023. Both Gill and Rotmie werc reappoiNed for a fijrther flve years wilh Gill Pra￿T Ixins r¢uppoiThiLxi as Llwir ofthe Board of TDJslee5. OJ* of the Iwo fftdividuals ￿T￿l￿aled as a Tn￿lee by authorily bas uot iakcu up the posiiionatld th¢ CharLry is ¢wrendy nmtting with eiBhi Tn￿te$ as opp)sed to Us￿1 nine llie Charily or¢ pleths¢d io confjrni thal. aft￿ ￿￿7n8 oth the n¢ceswy thecks and r¢eeivin8 the Bppropriaie declaration8, tsll the TnJsix% ar¢ 9￿lift￿ lo as ChjtiiyTn￿. this process is completed at the be8lmlltlB of ¢￿￿ year. D¢cislon All decision makin8 is *[ Ihe di5¢retion of the Tntstee5 5ubjeci io the deed and aFplitable tw&t l¢8i8lalion. uorum offcur"frus1¢¢5 musi b¢ presem decisiort ddeThnirtd by 8 majonry vole. The BoardofTrustees met on y¢v¢n occasion5 2023 ¢MbliD8 Ihe debatr and con51der maiieLS telalii 10 ilw future SLciiviiies ofihe Charity as Kll 1$ its ¢verydDy nmirw ODE Iiie¢iin8 was heid via Zooltt will the o(h¢i six beinB held fec¢ 10 face. Th¢ Lhtsrily have lour subiliry. namely.. Fiiifinre in¢ludin8 Iniern41 Audbi Control Ind Inve51men Residents aLO Appoinimenls Maintenance Way Fomrd, i.e. Stralesic DeN%lopm¢Dt Whils1 the Boord o(Trus¢¢¢s collectivety resptytsbi le for 811 ¥￿I¥l¢leS w)d a4xd$ ofthe Nmingof Ihe Choiiiy. Ihe Bourd have appointed iThlividi￿l Tn￿lee$ io hav¢ reswibilily for.. - Resid¢n15 Jrtd Appoinlirkniis- Gill PT . Internal Aiidii Control- Carole Stre*b - Health and Saf¢ty- BrLLTy Edwards ttfe8iiardin8- Ronnie WillianLS - ICT includinB Dalu Protrction- John Rolmts - Equnlity and Diversily- Joy P￿bury Fillllrtc¢ (l￿1 Inve51mertisI- Gill Prater - MaLLltenth¢e- Jollli Roberts - HumaD R￿ourCes- tiill Prnier - Complaints- Su Denne - Artii.Ser thai period. Itspreparin8tkn5e fuwll¢ial the Trus*¢s are requI￿d tti.. - select Sul￿ble ac¢ounlirtg poli¢Je$ttExl apply themconsisienily. - LTTrak¢ J1￿￿emel11$ thnd esLimAte$ that aTe TeasoDabl¢ and pnjden - ytuie whether opplicable accowiiill8 sthndnrds artd 518i¢m¢nts of rewllunwyled pracli¢¢ have beth follo￿d subject to atty departure5 disGlosed aad explaittd in the firtai*ial ￿atemen1$. alld - prepare the [)na￿l￿7 stAieLn¢nts on the going concembDsis ￿n1￿Y il LS 1wpro￿1t¢ w prewne thetthe Private Regisl¢red Providers ofSo¢ial Housing will v)niinue in operalion. Th¢ Tr￿81¢¢5 r¢4)owi171¢ for keeping accouDlinB n¢ords which diKios¢ with r¢a50nablc aCc￿￿a¢Y at any ILlllE 111¢ rinan¢ial posilLon of lh¢ In￿1 and enttble Ih¢m lo ¢￿Vre Ih81 dje fuwxiil comply wilh ihe Ac¢vunlin8 Direciion for PTiVAre R¢8isiered ProvLders of Social Housing 2022. They are •lso responsible for 5&feguardiii8 the ofthe Itll￿ find he￿e for thkLtI8 reasonable s*PS for tk w¢veniL￿1 dei¢¢lion of frnLKI and oih¢r iffeguiarilics. Th¢Tnbt¢es¢onsider that Iber¢ no m8ierifyl wkT*SS¢S apd thai the Trus1 IS ￿V￿llY irAnased. Appmed ard Oftti￿¢5 on. - Chiir of ihe Tfu51ees Pa8e S The Mol 'tteux Alrnshov5eS Prlvate Re rovider Sotial Hous 4183 rtoftheTr ttded I DEcember ror the Y REFERENCE AND ADMINIsfRATIVE DETAILS Regi8tered Charity Dumber 21.2895 PrineRp¥l addmg 11 Sliirley Gwde Rusihall TiiJJbrid8e We115 Kejit TN4 8TG Tru#te G Prater. CL) optlllive Trustee & Chaii of ihe Tn]*es- r¢appoin*d 2￿￿ June 2023 W J Roberts- Co optstive TTU51ee & Dyiy C11airofihe T[￿teeS B J FAiwfird5- TWBC Nominative Trustee J A Podbury- Co oplaliv¢ TnLStee C E Sirelch- Co OPthlJv¢ TnJ$iee J IkmJe- Co OPllLlive Tn]slee Tli¢ Rev R E N Williams- C￿P[sI1ve T*- repppoittied 26ih Awil 2023 C J GoM￿- Co-oplaiive Trustee Indep¢ndent EX#n￿￿tr Aidun Silly¢Ji ACA FCCA P¢l¢r Hodgbon & Co. ChartLred ALcountan18 .8liodwell IIou5e 65 L(¥wcr Green Road Tiiiibrid8e Wells TN4 8TW B*nkerA & Independtnt Ex•mltte 'I'li¢ Cliorilys bankirs & professiollal advi5Ers dumg the >rNr as follow B4nkers: Tlic C(wer&iiv¢ BaTrk Olympic Hoitsc 6 Olympic Coiift Moniford %ireei S#iford M5 2QP Approved byorrfEr of th¢ ard of trustttson....... and $l￿d on 118 behalf by.. rater- Trwee Page 9 ebdent ExamiDer'5 R ort to tbe Th￿te¢S of The Moli'neux Almshollse5 Priv#t¢ R 'stcred Provider of Soci*l Housi o: A4183 Ind¢pendent examin¢r'5 report to the t￿st￿9 of The MotyDeux Prlv&te Regts¢¢red Prnvider of Social Housing No- A4]83 I ieporl to ilie ¢I￿rIty Imsiets on my examinaiioll of the a¢rybunts of MolY￿￿X Pnvate RegisieT¢d Provider of Social Hol￿1￿8 No: A4181 {th¢ TNsL} fot the pr ended ii D¢cett4Jer 2023. R¢SPODsibilitios *nd bAsl$ ofreport s the charity twstees of I1￿ Tn￿ you aye T¢SPODSLbk for thE pr¢paratiom of ￿U￿t% in a¢cordallc¢ with the requtremertis Charities Aci 2011 (Yhe Acl). I report in r¢speet ofmy examillarion ofthc Tn]5t'$ ¥tounts tarried utsder Section 145 of the Act aThl C￿rying IXIt my ¢xRmhThlllion I have followed all applicable DI￿1]¢)n$ 8Lvett by Ihe LThttriry CoD]ttiission under Sedion 14515}Ibl or AGI. Ind¢pendtnt ex*mknee$ Ititemtnt I Ixave ￿Mple1ed my examiNli¢)ts. I conflmi thnt no molerial oMiier5 hve V) rny attem1￿ in ￿nneCtion wilh Ihe exaii)inuiioll 8ivin8 ¢iL ￿e 10 b¢liev¢ Ihal in any n*i¢ri8l Tesped= accounlin8 r¢tord5 wer¢ rtot kept in Yespeet of the Tn￿ as requited byS¢¢tion 110 of the Aei: 01 the Jccounls do not ocLord wirh iliose records: or llie a¢counlS do n¢1 wilh ih¢ Applicable r￿ulTe¥l￿n￿ conc¢nlln8 the fi)tm conienl olacwunts sei oul in the Choriii¢5 {Ac¢ounts and RewTtsl Re8ulaliuiis 21K18 other than my TequiTement thai the 8ive ond fair wewwhich 1$ nrf a n*tter ¢othsid¢red as port of an itthpet)d¢ni examination. I hAve rto concern5 and hfyv¢ tom¢ a¢ros5 w ￿￿eT maNer5 in ¢onrtc¢lion wilh the examinalion io ￿tch nttenlithi siwuld br drawn in il)Is r¢pott in orii¢r ￿ ¢Twbl¢ a ptop¢r undeT4anding of ihe a¥¢ounts 10 b¢ [￿lled. JJOJ Aidan Smyih ACA FCCA Peter Hodgs011 & Co. Chartered Aicouniants %hndwell Hous¢ 65 Lower (treen Rood Tunbrid8e Wells Keni TN4 8TW Date.. Pag¢ 10 The Molvneux Abrtshotsses rivate R ero Social Houstti lio: A41&1 tateme ror the Yea t of Fknanel#l ndtd DttttDber 20 2023 UDrestric*d 2022 Total fiJDd5 N￿e$ INCOME AND ENDOWMENTS FROM Donulions and le88¢ies Ch¥rit#blt a¢tlvht¢s Reijilll ineoJn¢ 156,677 123.322 InveythKnt trtco￿¢ 235 Total EXPENDITURg ON Charli*ble #L'tlvitles Adiniiissu'alion ¢o¥is 36.222 17.794 Propw ¢osts 91.046 Total 108.840 NET INCOME 60.61) 15.068 RECOf4CILIATION OF FUNDS TolTrl fi]nds brouslLI forward 1269.895 1,254.827 TOTAL FUNDS CARRIED FORWARD 1,-1.10.508 1.269,895 Th¢ no￿ forni prt of these fjnaucial $￿et￿ts Pag¢ 11 The A1￿￿￿O￿%eS t R '5tered Proi'ider Social Hou5iTt No: A4183 tcm t of Fin#Thtial 31 De¢ ber 2023 2022 Total UTLreStri¢￿d fi￿d$ ie5 FIXED ASSETS I J08.083 1.304.549 Tangible assets CURRENT ASSETS 1.427 53.918 1.244 Debtors Cush at bank io 55.345 49.417 CREDITORS Amiuii$ fallins dthe wiihiTh {19.8511 (9.852) 45.493 29.566 NfT CURRENT Assm TOTAL ASSETS LESS CURRENT LIABILITLES 1.353.576 .334,115 CREDITORS Amoutlts f811in8 dur atler mor¢ than OM yeor 12 123.068) 164,220} 1.269.895 NET ASSETS FUNDS 14 1.130.508 1.269.895 Unresiricied 1.310.508 1.269,895 TOTAL FUNDS The fIDa￿l￿7 staienKnL8 were approNtd by th¢ BoATd of Tnth¢5 and authori￿ tor i•sue ..Ad2*. and were sis￿d on 11$ behaifby.. on G Priler- Tn&ee W J Roberts- Tn￿tee Th¢ N)tes forni ofthese SL￿ar*￿ts P¥ge 12 Dellx Almsbov5¢S rivatc R 5tered r0Tr7der o Sothl Housin io: A4 for the Year Ended 31 r 2023 ACCOUNTINC POLICIFS Basis of pr¢pariDg the finaneial Staton￿nts The charity is a Re8Lslered Provider of Social HO￿*￿￿￿ Tr finattial stst¢menL8 hav¢ been prepared under the hi%tOllC21 cost a¢counliJJ8 rnle5 in accotdartc with tk Accounting Diredion foi Reg￿￿Ted Providers of Social HousJTh8 2015. applicuble accounling siaThlatds ard Stsi¢m¢Dt of RetollwKnded Praetite 'Accouryling by Regisiered PToviders of Srtial H￿1￿8. 45 updaied In 2015. The fMthnti&l staieffjents ha￿ also beej) prepared under the accruals bfisi5 of acca)UtLtinB andots a going concern basis in a¢cotd4nce with FRSIO2. Criti¢#l MecoMntiDg jud%tm¢nts and key 504r¢es of ubtertainty Tljc valualion orth¢ woperty a￿1 relaled de￿￿18110￿ are siwfK4ni e*1ma￿ included these accounts. Ineom¢ All incon* Jy rcco8nised in the Statem¢D( of Finattial A¢livitie5 onc¢ the dmriiy has a&iUetneni to the fund& il is PTobable thai the irL¢ome will be received ary] tk 8DYJwiI ¢an bemeA8ured reliably. Expendlture Liabilities ttte r¢¢ognised *5 ¢xpendtiw¢ Is soon as ihere 1$ a le8oJ or eon5tnKlive obli8lllion cojnmitting the charjly lo Ihoi expcndi¢ur¢. il i8 prob&ble thai i transfer of ecowmic ￿￿er1￿ will be required JJJ sei11¢in￿lI aiid the ajnouni of I￿118&1i0￿ be ￿.￿Sur¢d Teliabty. EXP￿dItUre 1$ aL*OWlted for on In •¢¢rual$ basis niid l)a5 been elllssified ￿der h¢•¢thn8s th91 JLB8rt8a* all tw r¢taied to th¢ cate¥ory. Where ￿sts connoi b¢ direcily oiiribuigd 10 prtieulpr heBdin8s IFKY have bttn Nllocftted 10 aclivities oo a l)p5is coThsiskni wryih th¢ or resolL￿¢S. T*nRlble flx¢d assets Dcpr¢¢ithttort is provtded •1 th¢ followi￿ ￿￿KuLl rates in order kn wriie eath assei over i¢s e5tima(ed u$¢fvl Freeknld prop¢ny Fixiure5 fiiiin8S SirDi8ht line ovtt 50 yea 25Yo on redu¢ittB bAIDnce T4xatlon Tlie ¢haTily is exempi from thx on its charitsbk a¢liviliu. *¢¢ountlr*8 UnTulri¢led fuods be used in accordallce with the chuithble (*J'e¢lives •1 th¢ dis¢rdI￿ of the tTusiees. Re.%iri¢ied funds ¢Jm only be used for particular testFi¢led purpw wiihin Ihe obirfts of the ch&ftiy. R¢51riclions arig¢ wllen specifLEd by the th*Jwr or when •rerai5ed for prti¢ular restricted purposes. expl￿tIllI10n of the nalure and pwp05e ofeach fuDd is i￿luded in the ￿te9 to th¢ finaDcial s￿le￿n(s. Slgnlf5c#Dt judgements #ttd eAtim*tes TtL¢re ure no 5ignifi¢aot jud8eLnettts orestiwAtes used in the preparntton ofthe8ea¢eouttts. FinAD¢lal Instruments and fuDCtlooxl turryney Bosic linttncial instrumertis comprjsiti8 debioTS. bank balatrxs arc recorded ￿ f8ir value. Th¢ fiuJciiortAI currency of th¢ clwrity is £ Si¢rliD& Pa￿ 13 The Molvnt115 Ahn4houses Proiider of Social Housin Note5 to t ¢ Finaty¢ix tatements- tootinued e Year Ended 31 Dt¢ er 2023 INVESTMENT INCOME 2022 Dy>sit account inleresl 225 40 CHARITABLE ACTXVITIES cosrs SuP￿rt ¢05ts (see le41 AdnJinistrali4Jn ws SUPPORT cosrs Mon8ge)nenl & HdthinistTaliOD Adminis￿lI0Th ¢osts TRusfEES' REMUNERATION AND BENEFITS Th¢Te were InL%tees' roThmtTaiion or other bethefits for the yw ethd 31 Dttemb¢r 2023 nor for Ik y¢ar ended 31 Dettmber 2022. Trnstee5' esp¢D8¢S 202.1 2022 Tn￿te¢s, expen 742 697 STAFF COSTS 202.1 2022 Wa8e5 and Mi¥ii¢s 10,822 10.822 The avern8e nx)nthly numEtrof employees the yur was u foll 2022 Adnjinistrsiion No emplo￿8 received ew￿lutt￿nIS io ex£ess of£60.000. Pa8e 14 contill￿d... The Mol n¢uJ AlrLshouses Prlvate R ered Provid Sotill Hou5ill No: A4183 Notes to the Fin¥n¢i*l StsttrneDts- tonllthued for the Year E De¢embEr 2023 COMPARATIVLS FOR THE sTATEME￿r OF FINANCIAL ACI7VITILS Unrestricied rwids INCOME AND ENDOWMEFllS FROM Donaiion$ alld legaci 546 Cb*rit#ble activities Rental income 121.3?2 Inve5th1em ineome 40 Totsl 123.908 EXPENDITURE ON Ch¥ri¢#ble a¢tlvlties AdJNiii¥trnlion ¢osis 17.794 Propery ¢o¥ts 91,046 Total 108.840 NET INCOME 15.068 RECONCILIATION OF FUNDS Tothl t[￿a$ brou8Jil foThvllrd 1254,827 TOTAL FUNDS CARRfED FORWARD 1.269.895 TANGIBLE FIXED ASSETS FixThJres and fiitjn Frc¢lK)Id PTQt%rty Toial$ COST Al l January 2023 Additions 1.457.528 21553 8,674 7.134 1.466.202 28.687 At 31 Dettmber2023 1.479.081 15.808 1.494.889 DEPRECIATION Al l January 2023 Char8¢ for year 153J22 22982 161.651 25.153 1171 Ai 31 Ik¢emkr2023 176.304 10,502 186.806 NET BOOK VALUE At 31 Decetsth¢r 2023 1.302.777 S.306 I J08,083 At 31 De¢ember2022 1.304206 -14.1 1.304.549 Pagc 15 COlllinu¢d... The Mol eux Almshouses rli'ate istered Proi'ider o cial Holl%in i o- A4183 Note5 to F)naDcixl StstenJents- tontiDued for the Year Endwl r 2023 TANCIBLE FIXED ASSETS- eotstlDNed Housing prop¢rtie5 WCTe revah￿d at £l.100.OIYI on 15 F¢bnKLry 2016 l>y Mark ljurton FRICS of Ma&s & Co. The valwlion was carried wt in a#ord¥r￿ Risc Appraisal and Valuation Manual at op¢n market value. The hists)rie cosl of the properties at 31s1 Decekn 2023 to £650.186 and the a¢cunwlated hislotic cost d¢pr¢cialioD anxA￿ed kn £166.316. The historic cost book Vah￿ ai 31* D¢cember 2023 aoy)untsd to £483.870. DEBTORS: AMOUP4TS FALLING DUE wrrHN ONE YEAR 2023 2022 Pr¢paymeThts and accrued income 1.427 1.244 io. CASH AT BANK 2023 Total ruiuls 2022 Tothl runds Butth Aecount. euyreni Bunk a¢¢ouDI. reser¥% fvnd 28.027 20.146 20.-180 Tothl 48,173 CREDITORS: AMODNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Oih¢r loans (see nok 13) Accrued eX￿n Def¢rr¢J 8ranis 7.652 2.200 7.652 2.199 10,000 9.852 19,851 Pase 16 contiiiued... The Mol neux Almshouses Private Ro stered vider *1 Housir 1¥40.' A4183 Nott5 o the Fin•n¢i#l Stateme￿ts- contlbued for the Ytar Ended I DEce r 2023 12. CREDITORS: AMOiINTS FALLING DUE AFfER MORE THA14 ONE YEAR 2022 (hh¢r lo&rts {see Mt¢ 13) D¢f¢￿ed grants 23.068 30.720 23.068 64.220 13. LOANS An aJ]alysis of the matutity of Ioaths 15 given Ixk)vr. 2023 2022 A￿)Uttts fllllu￿ du¢ within one Y￿ on d¢n*Trl. Other loans 7.652 7.652 Amounts ftsllin8 betw*en one Ind two Oiher loAns >1 < 2 yettrs 7,652 7.652 Ailloiinis tilling due b¢hYeen five J**rs: loaths > 2 < 5 ycttrs 15.416 Other eomprise Advances Thde by The AJothou¥e Association attd are r¥)n iniertsi b¢an 14. MOVEMENT IN FUNDS Nel mov¢nKnt in funds At 31.12.2.1 Ai 1.1.23 Unre#trl¢t¢d funds GenerAI tbnd 1269.895 60.613 1.330.508 TOTAL FUNDS 1.269.895 60,613 1,330,508 Net D￿vert￿nI ID tltyth. EtLc1￿d in the ub)ve are As follows.. In¢(xnitt8 Rewurces exp¢tKkd Movaneni in tiillds Unrestricted hndg General fitlld {97.430) 60.613 TOTAL FUNDS 158.043 (97.4.10) 60.613 Page 17 Contintsed... The Molvneux AIDuhou4e5 riwate R i%tered P ovi eTof Social Housi 4183 F4 te5 to the Fin2neio tatements- ¢ontin r E•ded 31 Dece 14. MOVEMENT IN FUNDS- tODt1n￿td cODi￿r8t1VO for Movemtnt ID Nel At 31.12.22 At l_1.22 in funds Uhre8trffieted fubds Gen¢ial 1254.827 15.068 1.269.895 TOTAL FUNDS ?54.827 l5.068 1.269.895 Cotrtpbrnii¥t Dx>vern¢ni in fits)ds. includ¢d in ihe #bo￿ are as folkxKT.' r&sources in fviids tJnre4tdrted funds G¥neral fiirtd 111.908 (108.840) 15.068 TOTAL FUNDS 1108.8401 15,068 A ¢UTrenl ye8r l2 TTh)nth5 •Ld prior yY4r 12 ll¥)￿15 ¥rymbiA¢d position i$05 follows.. movement in fiwds Ai 1.1.22 -11.12.2.1 UDreiirl¢ted (y¢neral h]Thl 1254.827 75.681 1.310.506 TOTAL FUNDS 1.254.827 75.681 1.1.10,508 A currcnl yeai l2 Tmnths and prior yur 12 MY)n￿ movement in [￿￿. in¢ludcil in th¢ aF*)v¢ ore as follows.. m0vel￿nI irt ¢%pen¢kd UttrestTi¢ted fuDds G¢iierul fvtsj 75.681 281.951 (206.2701 TOTAL FUNDS 281951 (206270) 75.681 Anaiialysis of furtds 41 the 3151 Dweth2011 as follow5: In¢tbme & expenditsr¢ £526,235 - Bal8n¢e l January 2011 Po8e 18 continttd.. The Mol neux Alm5house5 rivate Re ste Provider of I Hou$AD .Yo: A4183 s to the FID*Re for the ements- coutknu 31 14. MOVEMEf4T IN FUNDS- contltsued £60.61.l- Surplt]s for tk y¢tr £1? 995- Historic cost dep￿Clai￿on adiEt5tm¢nt £$99J43 - BAlab¢e 31 De¢eJnber 2011 Revnluation reserve £743.660- Balance l JattLWy 2011 (£12,9951- HisioTlC cost depreci•iion adjUst[￿t £730.665 - B#l¥Dee3A Dettthb¢r 2023 £IJ30 408- TotAI fundg Is at31 DeetJnbtr2023 RELATED PARTY DISCLOSURFS Ttw¢ wer¢ no related pprty tr￿￿￿110￿5 for th¢ Jrar¢nded 31 De¢emkr2023. Page 19 Tbe M(blvneui AlnL*hou5 -ate R i%tered Proi'ider o So¢i•l Hou¥iD t8 Ststemt for the Yea t of Finantia Aetiwities ber 2023 2022 INCOME AND ENDOWMEF4TS Donations and leg*¢les DoLWtions & other JOCOTne 5416 Investment 5nCOD Dwsil accowii iniet¢st 235 Ch?ritable setivltiej Rails received (irniit$ atnorii¥¢d 111.853 44.824 113.322 10,¢x)o 156.677 121,322 127,908 Total In¢omln¥ ruouT¢el EXPENDITURE Property toils Pr41p¢fly mil￿ert￿nCe-QYc1ic)l Propeity i))asDteiMrf￿¢￿P1l9] Prop¢rty Lllalrtienttnc¢-MrtinE EKiraordiMry repiilfs Depreciation 8.569 25.172 4.485 22.982 41,704 22.551 61208 91.046 Support M¥n&%em¢nt & &dTnlttls¢ratloD 'rnJsiees' expenses Solthries. NIC & p¢D3iOll I[￿uT￿n¢¢ & nwLiilorin8 Centenory ¢el¢bralioTh txpense5 Swidries Council lax and ulilitLes Residents, welfar¢ Ac¢ouniinB & ¢x&￿ill&l10n f¢es Le8al & wofe$5Lono1 CoDJpuler expeiis¢s Subscription$ & dotha¢ions AdminisltllliQO exFrk D¢pff¢iatio 742 10.822 4,284 697 4.448 87 2.670 789 2.220 5,822 4.709 1.195 711 2.171 1.260 2,220 410 59) 976 1.406 17.794 108.840 Toial resources 60.613 15.068 Nrt Income This pag¢ thxs forni pjrt ofthe staNiOry fitAttiai stalen￿ts Pogt 20