REtaSlEftED CHARIIY NUM8ER: 213895 Ae 4ID2sAouseS of theTN￿leas Thom tux Al shouses Peter Hodgson & Co. Chartered Accountsrrts Shadwell H¢)use 65 Lower Green Road Tunbrid8e Wells Kert TN4 8TW eux Al ed Proi 41 '•te R OU51 *1 Stmt P• R*]￿ tsf tht TTrJte l•dtptDden¢ Report 12 Sttht¢TrpDI of Fl*i•¢i*l Artlvllks St•temt•l OT FlnAn¢tsl Po%lll 14 Not¢A to the FINaM¢knl St•t¢mo*ts 15 w ?2 D¢¢￿￿d Stxtewpt 4f TrlwI￿1ll A¢tlvlt Prfv*te R Ider The TnLsiL*4 pre8¢ni their ihe fin￿rtI sl*eTrMis tsf chariiy the year eth .11 tkctth 2024. The Tru￿¢¢$ ha￿. ad4>lLxI the provisKJrts vf ALTh)wiins aThl Re￿)rting by Chants￿.. 8laiert*nl of Recommert¢kxl PraLILce appliL'uble lo ehfyriiits pr¢parin8 iheir In with l.1[*￿]•1 S(aThlord applieable in the IJK Rlyublic ufIrL'land (FR% I02) lilTwlivL' l JathLW 2019). In uthlitlDr4 TnLS1¢¢5 h4v¢ adwed the A¢¢outhin8 th'ff¢tson fLY Priv•k R¥W5tct¢d Provthrs Dl'&xiol Hou5inB 2022 iss1￿ by th¢ Re8ulator ot Social Fli)￿ing d• OBJECTIVES AND AcrtVlTIES Prh#t[￿I Artlvltles '[1￿ pritKipal u¢liviiy of th¢ Chthrity ihc pro￿*m)n of AhTh8lM)￿. l*¢x¥Th￿￿l1ots in sulccn. onc Ix*drwni. propenies for ol" linii*d meons with prioniy ￿lAS given io thoK wt4) knm or are {OT wyrol Ii)n8-Itrm rL'¥id¢nl4 ofTunhn"d8¢ Welh. Th¢ Trtw J a chfyn'ry r¢Blxi¢red vnih ikChDniyComml￿￿irffl. Publk B¢n¢fv The Charli￿S vislon and and uqttia*d obJ"ttlibrs w¢ re#ul•rfy revie*￿ 10 erthure they ¢oMinuv In refic¢i i ChaniY$ aims Yhen*. In Lwing oiii tkn"s revi¢w. in*.1 have (x)nwlied vnih Ihe LhDnly CrynmissM)Ji'4 8uidm¢¢ io hovc rn'mard iu publ￿ IKTh.fii. Our Vl%loA To provid. crnvcniwil, L¢Jftilonablc •tyJ lo kn. in ￿thIn¥ fr￿ly4￿) wiwrtiv¢ ¥¥Xiing antl within th¥. liieal &onNnuniiy. To Ih#t Vl¥K)n IIK. TTuylth wll yeck ￿". . ConilTMLoiixly d¢v¢lcy I￿1 ¥Ninwin lh* hL8he5t s￿￿rd of attd &ortwmml wwid% wihtii ihe AInL¥ho￿8 %ilL' - Pro11￿1¥ ind¢pvnd¢nce lor reyblen￿ wilh Ille bKknp offn¥md$ •fvd fumly •TrJ Iht loc•1 ur¢ ¥¢ryiLes - Cri¥iL an almiwphL'rc which. whils1 ru[￿￿11n$ pnvaLy diverEily. ¢n¢4)uragL¥ RtsidE￿¥ io ll¥LkL friL*th ¥nd ¥harc wi&Y goLiuI lili b￿h wiihin i]K %ilk thk. viIL•8¢ tifRusUwll - Ileeoim. an IniogrHI and rArt iit'ihe Ru￿h)I1 C￿M￿llY ik. ofTuthridBe Wells Our Objttdv Overoll. IIK LhariiY¥ obj¢clive¥ ¢0 rrtovth QUALrrY in tk EFFICIENT. EFFECTIVE ECONOMIC w8y li In ordT to lullil IIK Viiion Jnd Val￿. Clwity hDs ik obJectiK*'. - To hiiild on ihe pi. ￿ %eciiTh" Ihe luDJrt for th¢ Chfyn'iy •nd iL4Liiir¢nt and f￿￿Te k.n¢fi¢wiieK ihrouBh.. . prthfLCiLml And ellirliv¢ mana8Km)ent ofthe ￿anty - vi80n￿5 Lonwliorke with all r¢lmni leBal re8u1￿(VY - Lwliitii¥ing reluTn% (Trn Ihc Chani￿s￿h¥cl$ - To tny)rove ihe ￿and￿rd ot'the a¢Cixnrr￿￿l10n ibat li PTovth tor tr Residthis throts8h'. - on80ing nx)Ini¢nance of ihe pr(ryl¢nlL - reM￿e1]LlIg OT exienth.ng ihe AltMhou5¢5 . &TrvrltspmLnl vf LornnwNI wutMI4 -To iTtyovi ond exi¢nd Ihe servK¢% thai ￿0¥￿j¢d liir the Re5ithnts. - T(Tr provsd¢ orwrfunilie& fa¥ililies for the Rc8id¢ntsio iowIKT. with and fwntly 8TrJ the R￿thI11 iiM))unily, throiL8h c(vDrtMmity taciliiK% and on.Sbt¢ vI￿￿r accvnThwJaiiN. - l o bc In•/olv¢d in life orRu￿￿11 Ihri)uBh rArti¢ipaiwn in IIK varied *tivitie& villa8e •rKI 10 d¢Liwn-nMking at a kKYl l¢vel. eux 41 FINANCIAL REVIEW Duftng Ihe 2024 firnn¢i41 ajarity hav¢ c￿li￿￿d io review the athl ofthe pToperti¢& the ￿￿￿ls. the thc Ca￿ io th RL51dL￿1& sreknnB Lttiprovemctti ai all linx4. In a￿lI10th. ¢ Iloard ol"Trwtt% hav¢ had regard the rquiren*nts ofits regula1￿ the R¢gM]HtOT of &Ki4114(*J5ill8 (RSH) ChJTiiy CommiksÈiMI ICC). th¢ 6ui&tKe and wpwn ijfiered by AhMImX￿ Assoei4iThk Fin*M11kn iur. of¢)ur ion8 l¢mi r¢%ithnts thLd Ifter a l¢n8thy illJ*ss bui ￿thin 2 an ￿l¥ll￿8 Rk%i)w il providcd n￿b Mxthl fa¢ililI￿ for their lirniityj ￿l)￿li1Y. The re¥ulii118 vllcaiLd AlnblknLse d￿, knwyver, T¢quJr¢ comidmble re￿r￿Shmenl •nd it will be a ¢ouple of n￿mhS befo￿ the rLYruithieth fill the VaLQ￿Y tan wn*t*nce. 'fhe wointmeni of a new Resid￿ vAc￿¢Y was L*Thi¢d forward tr(￿1 ?021 w4$ confwnKd thi th¢ be8innLll8 of 2024 aTrJ they n￿Ved ID ￿ the ¢rKI of i.ebnJary. 'll 202.1 R¢port reC¢ry¢d lo a lonB ILYM vwn¢y •Thl tFai IbAS ¥J)Nithb*l Ms th￿Tn￿￿ prover¥ thcir pl•N lir the rL'm(thllJn8 4)f ofwwinal 192trs pn)p¢rtie8. As. kns been %4id th previous reponi with ￿lY 16 knr8ely elthrty ReSth1￿ ihe10&8 of even one reyth L4n *'r]OU51y inwt Ihc Tru81'5 itK'thM* aTrJ •r¢ mind￿1 ol this in all drtr*torts. Th¢ nK'niiV￿XI th)VL' fL'yjIiL￿ In a luss ol inLww vf Q.865. reFVCYaMiM8 2.32% 01"th•i h￿d ￿ lull ￿*Up￿nL.Y of ¥iiir¥*ni iDh&bilahk' prorrtrlt¢* of I S: this ￿11 with the 5% 7hthi¢h had be¢n our annual bud8ei lor IM￿xPe¢l¢d voids Pr(?p¢ny rL.la1￿ LXJx￿IiI￿rc in 20241iwl￿1in$ ￿ •nMI foT royeby £28.475 fzvm th 2021 l¢v¢l. CyLlical bmlnl¢nwK¢ eX￿ndliuf¢ was 40nx £IO.¢W hi8hu ih&n in 2023 A miior corAribwrry faC￿r w4$ the coRt of rcrK)vaiin8 the prorkrty which had emwy aftu 12 )￿s. wor occyncy plw ¢XkTMI cyclical decoTBII{￿ 10 i nith)kr of ￿M￿h(￿￿￿e￿. In addilii)N were repl&ced m three pTry￿1¢S. 5-y¢thrly Elerfrical CIT¢Uit Inspe¢iii) and PAIS tL¥ling l¢M)k pl￿￿ in prop¢rtiL¥ with r*xmxYti aThJ filtinBx (or ￿¥)￿e had lo ￿ end oftheir life ¢y¢le Ilealih safely costs accoun￿ for 11% ofthe foffiine wiN¢TWKe expthlilwe. ¥eni 111 onwloying Ciintra¥iors l() LaTry oul both Inlcmal atMI exicrnol work 10 the p[ro￿leS aThJ a IiTth¢r 41% on mamlaiwn8 thc 8rNn(Ls. 'Th¢ rErniinEn8 14ty0 0(Ih¢ rouitn¢ miin*natK* L¢)KT¢dCkanI￿ 4wliaw¢ repair& ￿￿ilYa￿l mirKK ￿t￿n￿. JIL*¢ on¢ ¢Xlrnordinary rqmjr requir￿ in 2024 that b¢ins the £7260 r¢qwrnl forthe 11ftin8a￿l relay￿￿ 0(pavers on th¢ 25 y¢ttr old pithwuys aftj￿d the Siie wkn.ch b•d be¢(wne • health *Thl ¥•fety is5 Major eapithl Lxpcndilure it) 2024 ￿trI]rd Q2.312 whil* 4 fixtber 01£5.584 athkd to ￿ng[b]e fix¢d 4ss%ts "trLYhold wopenf in resr*d of th¢ ¢on(InuJng ¢xrrtTrhiwe lor (wyoin8 ￿￿dIng ofthe Alnkn ￿oU￿￿.. 'lTher¢ W*> a small iKTease of 7.4.% iti nwnagemffli. eslablisl￿nI zThJ kninithti¢)n CO￿ littluthnB an an￿1 f( dlpfL￿iUtI<>nI wilh Ik mDs1 S1¥nif￿0￿ I￿reaSe5 in ¢X￿￿￿11￿C relatsn8 ￿ the wiltry t[￿j￿L%1 ts1 ¢05ts of ￿8VIng pmpttiy enjpiy for the year. Tr ￿rC￿￿e ola prthkr4kn iothe coa& *t¢ rov fi FINANCIAL REVIEW BUsIne￿ R¢wltW ltscre were iwo rn•lor ¢apital ￿lIVi11￿ in 2024. ￿lD@ ihe of th ex￿1￿6 loek sui1¢ Mthich bad 'on* r¢dwid#nl and th¢ ollKY b¢bn8 the Lnmallaiion of an e1c¢￿Cl1Y wrTrly for the Tnw +min8 UK. connon ol. t lite lh￿ ￿s￿lIA6 n￿￿￿￿11y ltir pi88y-backing off Y4xne o( tk Re¥Mkrn< xwyly aThl ik lo teimbuyye them Ihroushout lh¢ year. 'the IM8 llwaiied $Mrt io ￿. iaThl%c8pin8 pI￿ling pafkiDg kn)k pkn¢e m ihe sprin8 of2024. ond di¥piie Ihe b*dsLYs carn¢M ullLtry)l% lo diswpl ihe plantinB. I￿. p14n¢$ ihrivcd wa5 c(ML4iani ¥olow thrvusmiui ihc r¢maitKl¢r of ihe )Yar. Havin8 r¢¢eivd ￿111101￿1 do￿11￿￿%. aTe plaTLS Inr fi¥il*r plBniins in 2D25. 1Th¢ athjitim ol. ved. l nne ol. IM84#mi planx for ihe lin I￿1n& ￿)lh RLyithMs and'[￿￿¢￿$ aiE i)leas¢d wTrih ik. pro8r￿ with iht GrouTh45 rKoJe¢l A¥ I1K'nlioE￿d pr¢viutrly. the Tntyl¢e5 plan5 foT of OM.. M Po￿lbIY Iwo, of thc 'l(KJ ￿•r pr(Wies. The TnuslLm wll be Y¢kin8 Kcew io bmnts fr4xn I1￿￿¢5 FJfjland wwarth the of ihi¥ wryk tIw￿lSh Almshouse Cowrtium Limjikxl. Whilst QuiINu￿1nlQl 8uM'y. which ￿0k ￿. ￿￿W￿Y thrw8h firnwial ￿¥1, hi8hli8htiyl o lew minor is¥uc¥ Ihol ncethd e¥Tly aii¢niion thcTe wcre mitiLYx of Si8niliunl inwtaYi¢e. It W81 Pf¢VLou$ly kwwn thai the WAII 11*4 in Ihe old¢T pryrlR% ixeded Tepl&in8 and Ihis kn already 18k¢A plx¢ in son* of Ihe Jflecied ￿1b]dID￿. Iht r¢mo&.Ilin8 pro8rnnM¢ ￿11 address Ihi% nted foT th¢ rEmoinin8 woFnies 'lhe ¥rchwiy io Ihe which cinnbir and vchi¢k a¢Lx'ss und frn8ilily ol. IIK aTchway il¥cll' iw)th hi8hli8hicd for th￿nibc￿ this ￿'qUI￿. nyLJor invtsinwni which has its ￿ 1g¢wLyI inw pknj. In Ih TnLxie¢¥ 2021 rcwi Tekrencc wa% m* io ihe n￿d io otfwx for the Chbriiy whi¢h will nol only allow on ¥¥le ofli¢¢ fa¢iliiie% a150 8 ptsrt (or'In￿le¢> to I￿1 Wlth ¢Ych 0￿￿'T. Residenis and Evn¢railOfS. "I'hii% i¥ ill an iiiwrtani isw¢ bul o¢h¢r lin•ncMI prwrili¢S durin8 2024 ha5 mwii thgl cr¢¥%lOlI ola p)rtabl¥ otri¢L' Cabin 1] Aln%how' ¥jlc d¢lay¢d uniil th¢ n&XYSY•ry Lo#D I'hc Tr￿￿ li) makr ik r¢pymebV of £7.562 11) I1￿ AlnthR￿. ASW¢￿ll0n Mlh 108D bth'n8 fully r￿lid in April 2Q27 kjving IIK. b#hrnL in ihc 5¢wMI luan 10 ￿ T¢pid by CTKI of2028. Ir¢¢ IoAnS on¥Y¢d hy itr Alin4lw4e A￿)CIall[￿ for V¥riDu5p￿JecL8 have￿0vided v8lwbk finw w th¢Charily. In 2023 ik. rcmainin¥ Ixltsit¢ o1.1￿ grnnls whiLh Wlalla £44.824 *%¥ ¢0 the 2021 '￿antIble iivili￿. Wi¢h a h)id on the Chaniy* mwkllin$ atilVblie5 dI￿"The 2024. ￿ athliiirmnl Branls wwe rettived trum Flom¢s l.'n8land tina￿JaI Jrar. The LTharhly Is. 1v)w¢￿Tf. S¢L.kiTh8 W (knknin >m•ll In)m (YgJDisalN)Trs io fyrnl pr(ij*xt$. s￿h as Ibrih pIDrtiin8 in ih¢ gft)wth the lo x) oth￿￿# would a furtlKr d(ain on Chariiys limiied finwKial r¢wiiTIU. 'IIK"I'rusi&S wish io aekTh)wled8¢ I￿1[ apprffiaiion ￿ Ilom Ln8l&nd (BMI formrr o￿ni￿all￿￿) for the 8rnnts t￿l¥e￿ Yor 25 YXTS whi¥h iotsl in ex￿ of£4(K).(XM). Wiih)ul Ihis lutwjing Ixlild and r¢mv(kllinB prOj￿ts could wl hav¢ iakiryj pla￿,. FknATh¢l•l £(frfl of SI￿lf￿*￿t Ev￿ts lthe iwo ¢•piial noinl¢nMKe a¢iiviiK¥ ref¢rr¢d to wevKxt41y. ￿lI￿r. iryAth¢d offt t￿ ch￿11￿5 finaweb and ￿11 all r(HLlin¢ arÈd oylical mainl¢Da￿% W15 ¢#Tri¢J in AIMS￿ PTDpclliva li Wa5 dtsapwpinllng thai ihL Charili rcKYve4 ci)uld nLM k fimhEr built up in readiness for rem￿llIng pr(Trjecl 10 c(trm¢. Tr Chariiy liniykd 2024 wilh £50.661 ID the¢￿b]ned CWTeni and r￿erVe Kcounl& a dff4> of£i.277 fmm ihe prcm0￿9¢Th1 of )w fi8ixe. Pth￿4 Prlva Prov o:A4 31 FINANCIAL REVIEW INV¢￿￿ent polky •bJetlfv¢s Rtxryes Th¥. R*m¢ Fwd. kkl in a Dwil Ac¢(rtmi wth the Co4)pertive is rc¥¢rves and io o¢Liimuloie nM)nies for.. - maj()r repairs 10 lh¢ AIn￿h0￿S - iry)mvL'mi'ni¥ or ￿buIlding A]nthMMex - Ihe buildJnB ol'new Alntshousts and f&iliii¢x for ik ol'ihc Re51deN8 . mayir repairs AIMI improven*nts io the 8nTrtyvJ% entsance. central roadway aTrJ p•th - mthior r¢p8iTs aThl improv¢nxNs io Ihe ulility y￿41L*S uddilii)Th% QT wLY¢ made ￿ thr R¢s¢ryc Fur#1 *¥ & wst uf w4tal mnin*nanL%' *¥)rk5 fmm t LuwfL'ni thcL()illK. TherL'lort. 0% al I IM Ikn¢nthr 2024. th¢ nkjnies l*ld in rix¢n try the •thliik)n OrinKYe￿ trom £2U..IRU ai lh¢ erbj of 20?.110 £20.71.1 Golnq Comcern The Trusl¢¢¥ conlittue to be of ihe opjnion thai IIK o¥*rall finom'wl F￿lliOn ofthe Tn￿ is hea]Ihy, il is #ble io me¢1 il urr¢nl ond firtur¢ Lommiii)xnL% aThJ L5 a 8oin8 Tr bal￿￿e the income and expendiiwL* aecowrt a¥ 01 Jlsl Ikceinlxr 2024 WDS 162V,.161 {2023- £599.841) alkr the for the year of £6.￿$ and Rval￿atiOn msf¢r of £l.1.55.1 (2W21- £12.9951. Tr r¢Val￿tI￿1 r¢s¢r¥¢ #t th¢ ¢Thl vf2024 wts £717.112 {2021. £710.655). CorLfiil IMMgLn￿l of th* ChDrilys conlinuu M the way fonv4rd for Ihe reniod¢llin8 trtvl0￿Y n￿￿lioned. ThL' Tn￿&%5 arc awar¥. uf ￿.1f Nynsihiliiy to follow Sthi¢me￿S orR¢¢0m￿ Pr4iiKY and io fdiow Ihe ¥cethlluins requir¢ments lor ihe new Accouniin8 ￿feel￿n li)r Re815tered P￿￿¢kn ors(*￿ Howin8 2022 Ind¢pEndtN¢ Ex*mth¢rJ A rLStJIuiivft io rL'-OPW)ini Pdcr HtsJ8svn & Co. Is Ex4n)Dm 2024 Tru F.XtrTrofdinary(kn*rnl Me¢tinB on 26th Fe￿i￿ry 2024. for M Th¥. ReBulaior ol. Socigl HO￿lAs.$ rwir* fLY Money inlo elk¢i on April 2018 ¥￿j cov¢r.8 all ll¢¢ounis Irom .Il¥i March 2018. Th¢ Val￿. (kv Mow firnncwl ￿t￿emenL% Ihat (olkyw are iM¥ed on F*ven k¢y nKYritt6'. METRIC l.. R¢1DVe￿rn￿1 "IbEb I￿￿ts al t￿. Jnv¢5thkmi ¢ymiAlmy￿ ofihe value pro￿￿lL Mo1￿￿￿X Aln%houses measure is 5 54 METRIC 2: New Supply (Social H￿11￿ -So¢W U•lts Thi$ I)￿.1n¢ [￿kS at th¢ value lor nK7T￿Y ¢tT¢cttvet*w in sw>plym8 new how$in8 units. t)unng 202.4 th wtre thew uttits ¢iihL'r staned fir COTEwk.led with Ihe knril on tk nt¢yJed to m&in¥in iLs alsting units and %iie overall. and phbn5 for fuwe d¢v¢lopM￿. METRIC 3: Ge*rtRK This m¢ini as%e&*s m￿￿ of th¢ adj.wed assets are m*le ￿ of 4Jebt aThJ ihe de￿tt of d4)ende￿¢ on debt finamr. It i)ft¢n o key I￿11c0￿¥ of a res18tered providetrs ap￿￿1¢ t4)r 8mTth. Thi5 ¥etkns th¢ p)sition of preparatory for the kn￿r¢ M4)lyKxth Almkn m¢&5we is 1.5.IV 8¢5 Ste o)'ider ts 41 FINANCIAL REVIEW METRIC 4: E*rniny Btforn Interrt Dewff1•tID￿ Awrli5*tkn M•Jor R*p•irJ l*dudtd (EBffDA MRD lThtercJl Cover Thi5 m¢o%ur¢ 1% u kcy lor and invcstlrn￿I ca￿lly. li ki nwasure ih¢ levtl ofsurplus that 8 r¢wslered pmvhdcr 8¢ThYnie4 wmpared io in*(V41 pay¥bLe JVOMis ttny d￿0￿10￿% fmin the (kpreL"iaiion chor8e. IIK MolY￿￿X Alm¥lMWXS mel8u￿ i¥ Thjl oppli¢¥Nc As iww(¢d ID tIK JLYr. METRIC I: He￿11￿¢ SKl*l H4Mdni CNt "IILe unli Lo%1 n￿rIC ass¢ss*s the li￿dIl￿e IxNtsin8 Lry>St as dEfm¢d by R¢8u]*ior. Thc Molwwx Alrnslwyrts is £7.In METRIC 6: Oprr*thiR Mxryl "I'h¢ ()per&lin8 Mar8in dLYTh)n%iraKry the proliithility of ot*rnith8 •s*as befrye t￿￿10￿1 ¢xpen¥¢s ore laken inlo wunl. In¢reai4in8 mar8irI5 Ire on¢ way 14) Inwrov¢ ￿ fin1nL￿1 elTKi¥fvy ora bu51m% In •s¥¢ssin8 this ralv). li is imphnonl th41 con%id¢roith IA $iv¢n lo regiNi¢red provth. PU￿)%¢ Ind ol>Fdives {IrKlwJin8 thLir (knj¢tiive%). T1￿ Alm4kn11*¢8 I￿181 hou4in81 14 5 03%. ¢ht Moly*ux (ovmlll Me%￿ 1% s.5￿. METRIC 7: R¢Nrn oo C*pitsl E￿￿Ye0 'rhi% nKtyic conv￿. the oporaiin8 10 IWI assths lty liehiliiits ar￿ is a mwure in ihe c￿Nn￿LIa1 ¥tor 10 ll￿￿+5 lh¢ &lli¢KYLi of iapiial ￿*oU￿. 'lTh¢ Mo1￿￿￿K m¢•surt IsQ.54 em Prlvxte cl*l H• . trred Provider of No: A4A •f the T RUCTURL GOVERNAI¥CE AND MANAGEMF CovernlnR lThe MolYne￿% Almshoust% Rusthall. wel￿ 1Tr14 8SL uniJwx¥*ed charity regLqt¢￿d wÈth the ChaniyCthmThss1L￿ IN￿nbly 213¥95) aThl Con￿1￿￿￿ by tkyd L¥f Tr￿1 datrd 13th Noventhr 1986. J1￿1 Liv¢r IIKI )rar¥ agts. Mrs M¢lvilk. ofkf the Hots fr•Kiy gThJ lady ￿T81￿a Moljneux. iKwuL'hilMI on IKY dcath tvr th¢ pmvisiort ol'Alm%huw knr.pwr aNt W4)1Trk￿' with long-tenn ¢onnL*ti()As with T￿n￿￿8e Wells. A success￿￿ of Scknne& folk)w*d the fiN Schen* daied 9th June 1922 ￿111 the Iiih November 1986 Ihe Charily COnllThssi￿rS I￿)roved the CUTrent Scfr*me for the regul￿lL￿ ot.￿ Charity Th¢ Boant ol. Trusi¢es. to wnJ)v¢ r¢sp)nsknilily for th fmllwial risks a¥SOCitilcd with the ol. Chllrily from thL individual TnJslce% have iakeft Ihc lo ¢h8n¥c c4)fi5tilulion ol" tl* CYMriiy io • CThmthble InLvrpurni¢d (kgani&aiion ICIOI. AlIknu8h li lor thi¥ 10 be ¢onyld¢d in 2024 11 1$ lon8eT ￿ ¢wle Ihe procth8 than planned and ihe assttAied WO￿ h•s kn camcd forward into 2025. A4 a PTival¢ R¢8iSt¢r¢d Provi&r of Social Housi￿ th¢ Tn￿ 1> TC8Ul•i￿ by th¢ R¢8uknkY ol Social Howing (Nun A418.11. Codt tsfGov*rn*h¢e li i¥ pl¥WIII&I l() thNt lh¢ Trt￿ ¢ompJi¢¥ with th4. S￿{￿lI olAlnthixe Mwen￿l and 8¢*￿ {J￿01Th¥ Ip Ihal i¥ 8iven by Alm5houyL' A￿￿10110￿ in nxnawtlcttl ol'ttK' Lllwiiy. The Charity comm￿5￿)￿% Co¢k of C1￿¢M*n¢t li)¢use5 alle￿1￿ on th¢ tmKipal$ ofBwJ Bovernw and thii ￿ the CLwJe Ihal the Ikiard Wie5 lor ¢xaminin8 ilx pnrt¢ipl¥ a￿1 Ipp￿￿8 the nJnm48 of the L7wKy. Trnste¢ Appolttt*bPllt% #ud Re¢rnlt•Mt lthe pow¢r of 4pp)in¢in8 new or addiiionNI Ctrowaiibt I'ruslees is irt the majoniy of the '1'r￿$￿￿ wjth LoLlll AILihority ILavin8 ik POW￿ io no•NNie iwo ifyJivthl¥ r(* th9￿)1 l(rnl 8 Special (ierternl Meetini ol. Ik. ol. I n￿tte4. TI￿re were lo the B(xrd of TnJttt& 2W24 CY*riiy conliNwbg to with ei8hi Tn￿ets thk oppos¢d 10 the usuol nine lollowin8 the oforK ofthe ￿th￿l￿ted as a'l'nts¢ee by the k)cal BuiFK*riLy 19 lake up Iheir wJs11ion. r)unnLr 2025 th¢ fiv¢ Y¢￿ oppoiniw*m of Ilw¢e ol. the curvert TnL*e4. ￿11 Con￿ lo kn end and il is ¢x￿￿ed Ihai they will slaTrl ayin lor re4ccI￿n In addilion. Gill Prnier. the Cwrert Ch￿rOrI￿ Brnrd of TnL$￿￿ h*8 adV￿￿e ￿￿tice Ihol ¥he inlends to slDnd dowTt ay 4 I'rustee dwing thc ￿xI Iwrlve nwnths With Johh Robttts. hfys been a TnLStees 2011. ￿n￿uncIng lha( k wkll not be sttknn8 rt•pPILn¢￿ryrt in 2026 wl*n M5 omeni fivc year (em) Is ¢ony]d￿ With thiy in rnind. thL Bcwrd olTrustccs a [LYnut￿.nI progra1r￿￿ in 012024 w￿h th¢ very posiliv¢ oulo)me Ihal two new T￿￿1¢¢$. b￿h with Charity exp¢nuKe, ar¢ the fir51 meding 01" 2025. l.utkn recniithieni Io slrenwIKn the Iknrd olTru5*U will tske pl*e in 2025. Chan'ly is ple4sed iocontinn that. alkT¢anyinB o* thcck5 rurE¢4- fjill Pra*r - ConwlKLinik- Su tk.nne - Arti&*ial Ilehaviour- Lloir¢ [￿)1 R￿IdeNts RLtsidEni¥ tM¢illl8s hav¢ betn held throu81￿￿ eMblinB the l.n¥￿ In keep the Re%ideN$ abream or ffflhc￿TrI work ol ihc AIML￿0￿ and alhwuw ihEm I￿ op￿￿nIlY lo raise anyc(*Kems and <￿tnI￿le to ihe rnnnins ol.the Clwri¢y. The aM1411 *a. ￿ld in Ihc 8n)w￿$ ol" lh¢ AITMIK)wKs. well 8iknMILY] and ollowKid TTuslce% lo tn¢ci R¢%i&nls lamily and fnenth In an infom￿] settith$ As well as bwnB J very pka%bTh li helps cenxni relalion%hip% and aith e(xnmuttii*iLOn th¢re is tlw rned io Invo]ve ofkin. Throubilx>￿ 2024. n¢wsk%iLY5 havo bel￿ 15xu¥xI ab￿11 Ihfe al ihr Almbknwx li •Lw brinys altLntion vl. R￿￿dents INtwYs ol. ¥i)nc¢rn WLh as plm1￿ i811s aThl hiBhI1g￿>￿Ml￿ pl¥w' *xally. Tk. RL%thnts ￿7P11nC. TnL￿Cts Posi Box regular visiLs kn ilk. siie all h¢lp% lo kLYp R&4id¢nts in Co￿8n1 conixt ￿th Astminiqrnor aThl TnLStett. In lh¢ past Y￿r. or* of IoD8 tenn re5uknts dieil after a Iffi¥thy illnets. Sh¢ very xtive in the AlnMhou¥ ¢ommunilyand ILLT dL*ih hd$ ￿¢n f¢h kffnly. Pag¢ 8 VA vi or STRucfuRL GOVERNANCE AND MANACEMENT M*Th*R¢JNnt With the foTth¢onunB octhe current CThairuf¢k'inistees Dem. both olwJKJm tr*ve for nmny Jron pui In iwnsidernble tinK' aThJ LIT(>n io sufv thc Board of Tn￿et¥ havc &ci%iM that a 'aLrk ts) thi. %hould ￿ erryjloyed 21 I￿[5 Thb$ will the part4imt AdnMnistsBtotrs Ptr*'LlIM vf 14 hour8 per w*ek. The rccruithym pro¢en be8wi. 2024 sow th¢ laU￿h of th¢ LIMrilys do￿. the ' MO1￿ Aimkn IDforn*iK￿ Syo1em' (M￿S), kn ail I rust¢*'% Slaly. It has g valullblL fly a Loupk. ol'th¢ Cknrity bul 115 wi(kY u. by Tru&e¢s enabli¥ ih¢ *harin8 of LnfonMii(¥L and r¢nMyv¢% thc thl W¢¢ ihe TnL8ie&¥ I￿perI Handb￿. MAIS.. . Kecps the rnxx>rIL¥vfTn￿￿, Sthn.. Rts'i¢kn& ANJlicwiicffts. the Alnkn pkn￿ th¢ Chwiils - ReL(wd% and IMnaBtt nminienqnce 108¢th¢r with healTh s•fety ￿1vIll¢S . Trlolds the agLI￿5 and lnin￿¢S of m¢din8& ￿￿1¢1¢8 INI th irt4)0rta￿ ￿herne 4A)¢urwKalion ComplalA¢% Th¢ IIDUXtnB ()mbthh. nMrf8 Cthnplomt HAThllin8 Cixk w45 in 2024 Tn￿rts revi¢win8 and 4pprovin8 lh¢ self.k¥se*%nxni and SL'rw¢L ImwoN%rrKnl rewjrt 'n￿.1 we S￿l$r￿d that the •ff45 ofTh)Tr¢ryliance wilh ihe IIOS l￿de will be oddrL¥*d by the upthitn8 ofthe I'n￿15 Crdwjthints Policy 10 ihe 2025 Nrr%ion. .1 hi5 I¢￿0Th wll be conknlned wlth rL'Vl¥Will¥ and publi%hin8 of Ihe 51anthTd¥ (OT xfviLf rry1￿1￿ Rl%k e4Lh medm8 ofthe lJo•rd of I1￿ ar¢ ilew lh￿ ir*1￿ a revi¢wof.. - any ￿[e¥u￿rdIng ony coinplkninls - a¢¢idenis ond tneidenty on thE siie - ull hL'alth and mgllLY . IhL PTI)8rwnrn ol'Jw*iNJn #nd TL*in& which is 4n 4¢p to Wp miiiyk thr risk of4 Iwev¢r Intorn*l ThL B￿N￿d ol I'r￿¥1¢¢¥ Is uliirn#K.ly W¥pOn￿bIe for thc Tnt41'S mtLYMI fMwKial ￿￿￿1T015 th1 ackniTr￿eds& ￿.1r r¥¥ponsibilJly li)r ￿VieWiNg it% ¢lY¢d1ve￿ on an annu41 b&¥i8. The s>siLYn5 wre deswKd io r4ih¢T thAn elimina￿ty. t can only pn7vidL fL'wMble. bui not abwluie. r¢wding Ihe safe8wthn8 of 85s¢w Ik maMB¢mLmt of prvper a¢kY)unting rttoT(ts and ik reliabilityof finwJ¢i•l infonmtio TIKI Bc)#rd, IhrL)uBh its 01.￿)11¢1￿ •Thl wo¢¢dwts kn5 folk)witi8 nkYlwi5ms for ¢([cLM￿¢ tinwJ¢wl L%)ntrol.' - Prepuralion of anniwl b￿gets ond cg¥h tlow tomasts . Mana8enK'ni Lntommiion a¢¢¢MNiD8 wlll¢h ¥¢ CONiwally with ropw of financiil r¢sul LompyrLY] wtth bvdgL Ail policits #re revKwrd and wyJ•ted in Ille li8hi o( dMD8ts iti le8ts1ali(￿ frotn exwieJK* and any sknn¢onury i&*iifLed in ￿e￿n5 and ¢UfTem pro¢¢dures. RqM)rts are rnade io the I n￿rts ai eaLh llKeluL8 0￿￿1 8oVLY￿t1rL i￿. MainiLw￿C acuvily. h￿1th artd satdy issws. **l(are fUJa￿tal ￿al Loiryjared wilh bwlgei r￿e<8%ts •ux rn5 •r sln STATEMENT OF TRUSTEES. RE5PONSlelUTIES Registered soclal housing le8i51alion requires the Trustees to prepare financial st•tements for each financial year. which give a true and fair view of the stale of affairs of the Private ReBistered Providers of Soclal Housirhg and of the surplus or deficit for that peritid. In preparlnR thos• financial statements. the Trustee5 art required to: sel•rt suitable accounting policles and apply them con51Stently make judgements and estimates that are reasonable and prudent State whether applicable accounting standards and statements of recommended pr•ctice have been followed subject to any departures dixlosed and explalned in the flnancial statements preparè the finan¢lal statements on the concern basis unless it Is inapproprl•te to presume that the Prlvate Reoistered Providefs of S¢Kl•l Housirf wlll continue In owr•llon. Th• Tru$te•s are respon5ibl* for keepi￿ accountln8 records which disclose with reasonabl• accuracy •t any time the financial posltlon of the trust and enable them to ensure that the fin•ncial statements comply wlth the Accountln8 Direction for Private fle81stered Provid•rs of Social Housini 2022. They are also re$ponsibl* for safeiuardltw the assets of the trust arrfl hence for takine reasonable steps for th• preventlon and drte¢tlon of fraud •nd other Irr•iulJritle$. The Trustees conslder that there were no material we•knesses and that th• Trust Is soundly m¥n•8ed. Approved by order of the 8o•rd of Tntstees In • fesoiutlon dated .. Its behalf b and signed on r•ter- Chair of th• Trusto•J Priv•te R Ho er No: A41 th•Y 31 REFERENCE AND ADMINISTrATIVE DETAILS Re8lstered Charlty number 213895 Prlnclpal •ddre 13 Shirley Gardens Rusthall Tunbridge Wells Kent TM4 8TG Trust•os G Prater- Co optatlve Trustee & Chalrof the Tn￿t••5 W J Roberts~ Co opt•tive Trustee & Deputy Chalr of the Trusteès B J Edwards- TWBC Nominaiive Trustee J A Podbury- Co optatSve Trustee C E Stretch- Co opt•tiv• Truste• S J Denne- Co optative Trustee The Rev R E N WTrlliam5- Co-OPtatl¥e Trust•e C J Gome2- Co.optatN• Trustee Bankers & Indepelxhnt Ex•mln•rs The Charlty's bankers & prof•sslonal ldvlsers during the ￿•r were as follows: Ind•p•ndent Ex•mlner Aldan Smyth ACA FCCA Peter Hod8son & Co. Chartered Accountants Shadwell House 65 Lower Green ftoad Tunbridge Wells Kent TN4 8f¥V Bank•rx: The Co-operative 8ank Olymplc House 6 Olympiccourt Montford Street Salford MS 2QP Approved by order of the Board of Trustees in o res01￿10n dated.............-............................... and signed on its behalf bv: G Prnter- Ch•lr of theTn￿t ux teRe IndLyendtht ex¥wd*¢r's rwiort to the Insttts of Tr MOtyn￿5 Prhts ReRlsttr¢d Prvvkl¢r of Socl*l Ht)u%IR% NO: A4183 I rLporl lu LhAriiy iny ¢xaminaiM)n ufiiK a￿thI￿t5 Molynwx AlnyhLN￿5 Priv￿¢ RL'8iStered Pmid¢r ofswi41 How4nB No. A4181 Ilk TnL&I t￿the y¢ar 11 Dc￿T 2024. RMpDnSlbill¢ks and b￿1$ ofrtport As ih¢ ehllTiiy Lif tk T￿¥1 you 4r¢ rkYpLThibk for the or I1￿ itt wilh th¥. rcm¢m> CThanii¢% 2011 A¢n. l r¢wi of Thy ¢xominaiKm orihe'fnb6t¥ am)yn¢% c￿ried unthx Seciion 145 pfih¢ All aml in iarying out nty ¢xttmiMtioTh I have folhjwyd nll I￿liCable ￿TeCt￿till4 8iven by ille LTh•¥ily Conwki¥ion undcr Section 14515xbl ofthe Aei. I hov¢ 4X)n￿le￿d my &TrMminaiion. l ¢rnfim) that no nWlUiBI mgltas h•vt io my in wih il cxombnTrtion wviii8 io beli¥W¢ Ihat in any res￿¢1.. CO￿1￿16 w¢ords w¥'r¢ ty)1 k¢pl in r¢spLri of1￿ TnN a% by P*di4)n 110 ofik. Ad: or Ihe acc￿￿￿1% do accord thoxe rLEoTd%: Ihe do ¢omply wilh the wlicablc Tequir¢mEnts CtMK¢rnin8 forni and toNenl ofaLXThm15 5cI oul in Iht LThDrilie% IAL*oynN Rep￿L4> Re8ulatioM 2(￿ oiher any rqui￿n*rt ihai th¢ t*¢(￿￿(% siv¢ D true and r4ir vi¢w whiLh 1% i INI￿rE￿41dty'yCd w part olan IDthpcNkT¢ ¢xaminalx)n. I hllve M ¥rffi¢¢rn% and hav¢ •cro4% no othr mtyi*rn in ¢4)nDerfNJtt wilh ihe exomin￿lO￿ ￿ ￿1¢h ￿*ThI10Th thld be drth￿l in Ihi* r¢rA)rt th orth.r lo M8blK% th proper urthsiaThJin8 ofthe a¢L.{M￿¢S 10 re#Lh¢d. AidAn srn￿h ALA P¢tLY Hod8A)n & Lu Chartcr¢d Acc4)uniants Shad￿11 Houxe 65 1A)wer (ir¢¢D R4Jad Tutthrid8¥ Wclh Keni TN4 8.rw Py12 Them eui 5t 51 A4183 ?024 ?021 Toial INCOME AND ENDOWMENTS FROM DO￿110￿$ and IyLie 1.180 Ch8rlt*bl¢ *¢tlvillts M9inlit)wK'c LMJnuibtrti(w re￿1%￿ & 8ran omo117ed 121JUI 156.677 Iriv¢slmeN incon 115 124.914 EXPENDITURE ON Ch*rltAble i¢tlvttleJ Adnunis¢raiion co¥ls Pft)pcny Lo¥1¥ 79.047 01.208 Tot•1 117,949 NET INCOME 60.61.1 RECONCILIATION OF FUNDS Tolol fimd¥ brthi8hi iwward 1.269.895 TOTAL FUNDS CARRIED FORWARD 1.1.17.47.1 1.-1.10.508 PA8e 1.1 'ft rlv*tc R 2024 2021 Toial FIXED ASSETS Tangible 1.710,870 CURRENT ASSETS D¢bio C&sh ui bank 1225 50.661 1.427 51.911 10 51186 CREDITORS i)ounts fulling due wrthin one y￿r (9.8711 193521 NET CURRENT A&sm TOTAL ASSETS LESS CURRENT LIABIL￿lEs 1..152.8119 1.131.576 CREDITORS AnN)unls falliD8 du¥ all¢r ny)r¢ thon0￿ )%zr 12 (15.4161 {27,068} NET ASSEI3 1 .1.17.471 1110,308 FUNDS Unreslrided timds 14 1.117.471 1.110.50¥ TOTAL FUNDS 1.1.17.471 I ?IOJ08 Th¢ fin0￿1￿1] ¥AalLryn¢nls 4PPWVkxI by l)oord aml aut1￿.￿d fff on . J ￿re ¥I8￿d iis behulf by.. Pr . Tr•M¢¢ W J K(thns. Tru4¢¢ Thxe5 pfjil ofihtsc fiMn¢id Page 14 v•t¢ R rov *1 Holl￿ No: A4183 StAte*bt*ts ACCOUNTING POLICIL8 B*sls ofprtp*rfTrg the fi￿n¢lA1 Lh4nry is J RcwslLrLid PrO￿dly ot" HLv￿ng. Tr lind￿￿11 ¥thtettMl$ hAv¢ probred hi￿￿11￿01 act￿ntIn8 njles UJ accL¥da￿e wilh Ihe Acc•w's ¢l¥L$JA¢￿ the u¥¢ of TanRthk li¥¢d *¥i¢ts 'i¥IN)n 1% pwvi&bd 41 th¢ t()Ilowin8 •Thrwl in oftlor on'ath 4$¥¢1 ovry it¥¢*1mth￿￿ USL.thl life. Freehi>ld pr4Rrty l.ixtures ond lillin8 StrgiBhl li￿ obyr So T*Md The Lhariry is exeftyt fmm lax on ils Chpritsbk *tiviiie IlwestrKtrd tundi ean be trcd in 4c¢q)rd•n¢e wilh ￿ dwritsbk oWi%*s ai the th's¢MMYA ke5tri¢*d can only be uscd for rArtKulllr restrided ￿*￿￿￿¢$ ￿thITr Ihe objetls. oftht ¢hriiy. Rutncihon ri%c wk'ii 5￿cLI1&YJ by ih¢ d(rfK+T or wh¢n [￿￿5 Jr¢ lim panicul•r T￿￿¢￿{1 pUrrrfJ￿. Fyrfher ¢xplanalion ofttK ￿lUre Purv￿ ofeTAth fuThJ M in¢lth In the to the financi￿ *aknKThLs. Slinlfl¢*Tht Judgtmentx *nd eslSm*te FIMJcl#l In￿rnments *nd funetkn￿I curretty linaniial irL8lrum￿ts LWtsinB d¢￿1014 ond b￿￿Y$ •te Tttorthd ￿ liiir ￿1￿.. The functio￿1 ¢utTernyofthe ehty LS £ Stcrlin¥. Pag¢ 15 CoAtsn￿I... t* rof t•theFi INvE￿mE}￿ INCOME 2024 rxp)yl aL*ouni IN 33.1 235 CHARITABLE ACTIVITIES COSTS Supporl Isye te4) Admmisiralion L SUPPORT cosrs MIDa8enkni & adniini¥liii￿n Admull￿r￿I0n co￿* 38.W12 TRUSTEES. REMUNERATION AND BENEFITS 'ITh¢T¥' **re no Intr￿*$. rtmUnmii￿ or kn*fil5 for iht yeor ¢thW.7 l DeLYnthr 2024 TWX for lh¢ year ¢n(kd 111)ei'emtrfr 202.1. Trw¢e¢%' txpe* 2024 657 742 STAFF COSTS 2024 202.1 Wab*s And solaricx 11.097 10.822 11.097 10.822 The averw nX)￿hlY T￿ber of¢llyloyrts durin8tht )w w&* 95 follo￿. 2￿24 A(kninisiraiii No ¢tr4)Ivy¢es received enM)luments in exc￿ of£OO.IXX). Page 16 C￿linued... The Mol rivate R ered Providtro owsl N•: A4183 Notes to COMPARATIVES FOR IIIE STAIEMENT OF VINANCIAL ACTIVIIIFS VDrestricied INCOME AND ENDOWMENTS FROM D￿t￿liOnS and Icga¢ie CknYlt•bk •¢llvllle* eortirknuii(fflS Trceived & BraDts 156.677 Inv¢%imEnl lIK￿￿ 21S Tolil 158,(M.I EXPENDITURE ON Ch#ritable *ctlvltl A&niniJlrulion cw 36,222 Pr￿rtY cosls 61,208 97.410 NET INCOME RECONCILIATION OF FUNDS TDi&l lurwjs brthjght lorw•rd 1269.895 TOTAL FUNDS CARRIED FORWARD 1.130.51MI Pag¢ 17 emo *trR td Pro A41 0¥51 Notes to lemewts- t#r Elld TANGIBLE FIXED ASSETS FÉxtUR5 U￿rtY riui To141$ COST Ai l January 2024 Addilioii swsol 1.479.ORI 27.916 15.W8 I,494.889 14.262) {4,2621 Ai 31 2024 1,5(*>.997 11.546 1.5 IA.541 DEPRECIATION Ai l Janutsry 2024 LIMrB¢ IOT Llimimid on 10.51)2 I￿j,806 25.12.1 {4.20!1 11.540 14.26?) At 11 2024 IW.844 7.82J 207.￿7 I¥KT BOOK VALUE Ai.1 I [k.￿ryn￿.r 2024 I.307.15.1 1.72.7 1.110.876 Al.1 l Drfemixr 2021 l.lQ2.n7 1.-InR.08.1 HI￿￿1￿8 pr￿rI1¢% w¥T¢ rcvolu¢d ￿ £1.176.W8 I1￿ Ikccmkn 2024 by Mark Burn)n FRJC8 of Mo%5 & Co. 'I'h¢ voluailm wax ¢4Tri¢d out in accorthn¢e wth RI%C ArfjnLqal 0￿1 VfjlubiioD MartuAI ￿ (r*n market value. 'The h￿l0r1e cTrit Dr the dwitys al .?1￿ tk¢¢mber 2024 Orn0￿ to £678,102 and IIK a¢cunwlaied hiylorie LtsSI £ IA9.857 The hiitoric ctyl n¢1 ￿0k vtslue &i.IIA 2n24 £488.245. DEBTORS: AMOViYTS FALLINC DUE WITHIN OP4E YEAR 2024 ]¥¢poyments and atyr￿d incon 1,225 1.427 Pag¢ 18 st¢ No: A4183 *r CASH AT BANK 21124 2011 Tothl Fknnk a¢LX)unl- Cu￿¢￿1 Ilank I¢￿￿￿1. r¢*rve furxl 29.948 20.713 20.380 Tol¥l 50.(Ai CREDrroRS: AMOUNTS FALLING DiJE WIThIN ONE YEAR 2024 2011 Other loans (stt noie 11) AL*n*d 7,652 2.221 7,652 2.21)0 9.852 12. CREDITORS: AMOUNTS FALLINC DUE AFTER MORE TIIAN ONE YEAR 2024 202.1 oih¢r loans (5¢¢ nole 11) 15.416 2.1.068 13. LOANS An A￿ly$1¥ ofts* moiuriiy o(Jowts Is 8ivth b¢lov. 2024 2023 Amounts fllllin8 du¢ within on¢ dell•￿4.. Other Iiisny 7.652 7.652 An￿￿niS fallin8 belwren a*d im) J%ars'. 0￿￿10#n% >1 < 2 Y￿15 7.652 7,652 Anw)um$ f411ing du¢ and fi￿ Y￿rI.. lo*L%)2<5yea 7.764 13,416 Page 19 coniinwd.. vatt R *1 Hows 41 terrtents. ber 20 MOVEMENT IN FUNDS Nei vejttnl in li]n&. Ai 1.1.24 31.1224 Unre%trlcied fund% (jeTre￿I fimd 6.965 l.11?,471 TOTAL FUNDS 6.965 1..717.471 NLI [rA)￿lAK￿ll in inCluk￿ in ik. oiK)v¢ ar¢ as follows: in tunds. Unre¥trirttd ri¢￿￿1 fjjnd 124.914 {117.949} 6.965 TOTAL FUNDS 124.914 (117.949) 6.965 CoMpir*dvM for movement In fw•dJ Nei 31.12.21 Unre5tAtted fmllds (ienernl Ilthd I2{￿.895 1.310.508 TOTAL Fuf4DS 1269.895 J.61.1 Ccryaraiive IA funth. iTKlthd in the olwe are as lolknv¥.' Unrertrltthl fvnd% (i¢LKral fi￿d 158.041 (97.410) &1.61.1 TOTAL FUNDS 158.04.1 (97.410) LxmiiiKicd... eux Al Prfvxte Sot dals ttded 31 for the ber 20Z4 14 MOVEME￿ IN FUNDS- eomthiwed A ¢urTenl yeor 12 at)d pr￿￿ 12 IThJ￿15 pom11(￿ is *$ fiAIow5.' nMJvemErti Ai -11.12.24 At 1.1.23 Unrtstrkted f•wh C)en¢r41 li 1.269.895 7.578 1.1.17.471 TOTAL FiJNDS 1269.895 67,578 1,-4.17.47.1 A Liirrtnl yvr 12 nx)nths prior yw 12 nct in IrKIth in the above 4r¢ #s follow I￿OMIng Movemeni expethj In Unmtrkted G¢n¢r#l fund 2￿.957 1215,1791 67.578 TOTAL FVNDS 282,957 {215.179} 67,378 An ¥n8lysis of fur#ts ai the I lyt D¢cthiTr*r 2024 was as [oblm.' IKODK & rtpendltllre £54W.¥41 _ lJaknN'¢ l January 2024 £6.965- buwlus for the year £11.551 . His￿nL ¢051 dLyreekaiion 4djusffi￿1 £62•J61- B*l*ott 31 De¢¢n*r 2•14 Rew#lu*tlon reserve £7.10.CJ65 - Hai#nce l Janwy 2024 (£11.551}_ Ill￿011¢ cosi depre£iMion adjus¢DIUII 1717.112 - 8￿￿￿¢￿ 31 DtteA*¢r 2014 £ IJ37AYJ- Tot*1 f•*ds ** al 31 De¢embff 2024 P•.21 tux Al Prlv8te R l H•usi der of r40: A41 th¢ ts- coNtiDued 31 DeceAbtt 20 RELATED PARTY DISCLOSURLS IIKre *rre M relllkd party yearend¢d.11 D¢ceth 2024. Pw22 Prfv•le ste Hou State 31 2￿24 INCOME AND ENDOWMENIS DoThwlloM **d lry*cltJ Dfftwiii)rLS & otlKY 1_180 IkpoAii ac¢(wnt iNere 235 Ch*rlt•blc a¢tlvltles MyiniLninLe c¢)nirthuiii* rev GranL¥ amortised 121201 44.824 123,201 156.6n Tot•1 kncomlty resove 124.914 158.04.1 EXPENDITURE Property <0 Property rniinienwKe-orli¢41 Prupcrty moinK'nan¢e-twti Exira(Trrdinary T￿.￿1r$ D¢pr¢cialion 18206 25.172 4.485 22.982 7,2fA) 21.540 ?9.047 61.2U8 S¥pport ¢• M*n*%emeAt & *dmlDlstrAd• Tnisltts, ￿xpL￿*S SdiuriL's, NIC & In¥uTJ¥we & nx>NIl￿n8 urKln'es Cnuncil t￿ w￿1¢1¢5 RL'sid¢ffj5' wLifar¢ Aceoiuming & ex￿n]natiOn f¢es l£gal & pmfwional Compuier ¢xpeA8e5 Suk¢nptions & donaiions Admini¥lTolion ex￿nSeS IkprLYi&iion 657 I l.(P)7 4.840 742 lo,￿2 4.284 87 2.670 789 2.220 5.822 4.(Q5 894 2.120 5.341 1.558 2.706 1.583 1.195 2,171 I8.￿2 Tothl TLwurtt¥ cXpy￿Icd 117.949 97.4.Kl l¥¢t incothe 00.61.7 'IILiS pa8e does fonD Prtof statthry fiDthxiAI &alen￿S PaB¢23