HALESWORTH UNAPPROPRIATED ESTATE CHARITY CHARITY NUMBER 214500 STATEMENT OF ACCOUNTS For the year ended 31 December 2025 HALESWORTH UNAPPROPRIATED ESTATE CHARITY ESTABLISHED BY DEED CHARITY NUMBER 214500 Registered Address.. Hill Farm Blyford Halesworth Suffolk IP19 9JT Trustees.. Mrs K Austin Mr J Busby Mrs A Dunning Ms E J Moseley Dr A B Abbott Dr D Morley Mrs A Cackett Mr L LeLean Rev E Smith Cathryn Evans (Resigned 8th April 2025) (Appointed 3° June 2025) (Appointed 3" June 2025) (Appointed 21" October 2025) (Appointed 28 May 20261 Clerk to the Trustees.. Mrs J Staveley-Dick Bank: Barclays Bank pl Independent Examiners.. Ensors Blyth House Rendham Road Saxmundham Suffolk IP17 1WA Solicitors". Norton Peskett Solicitors 52 Thoroughfare Halesworth Surveyors: Durrants Chartered Surveyors 10 New Market, Beccles 12 Thoroughfare, Halesworth HALESWORTH UNAPPROPRIATED ESTATE CHARITY STATEMENT OF ACCOUNTS For the ear ended 31 December 2025 INDEX Page Trustees, Report Independent Examiners, Report Statement of Financial Aclivities Balance Sheel Notes to the Accounts 8-10 HALESWORTH UNAPPROPRIATED ESTATE CHARITY ESTABLISHED BY DEED CHARITY NUMBER 214500 TRUSTEES REPORT For the ear ended 31 December 2025 Governin Document The scheme was sealed on 29 January 1901 and varied by the Charity Commission on 30 January 1953. The scheme has been further amended on 8 April 2025 in order to modernise the governance and administration of the charity. Trustees The trustees who seNed the charity during the year were as follows.. Mrs K Austin MrJ Busby Mrs A Dunning Ms E J Moseley Dr A B Abbott Dr D Morley Mrs A Cackett Mr L LeLean Rev E Smrth (Resigned 8th April 2025) {Appointed 3° June 20251 (Appointed 3" June 20251 {Appointed 21" October 2025) The trustees are appointed by the Parochial Church Council of St Mary's Church Halesworth and Halesworth Town Council. Aims and Ob 1. The charity's main objective is to provide one third of its net income to the Ecclesiastical Charity In the parish of Halesworth. 2. To manage an old almshouse building to provide additional income. 3. To pay for ￿rtain expenditure for the benefit of the parish church. Activities and Achievements The Trustees have made a number of amendments to the charity's governing document (last amended in 19751, in order to modernise the governance and adminislralion of the charity, in accordance with the Charity Commission guidelines. The changes include increasing the number of trustees, appointing a chairperson annually and also introducing a Treasurer or Finance Lead role to oversee financial management and guide our strategic financial decision making. The Trustees have paid due regard to the public benefit guidance issued by the Charity Commission in deciding what activities the charity should undertake. HALESWORTH UNAPPROPRIATED ESTATE CHARITY ESTABLISHED BY DEED CHARITY NUMBER 214500 TRUSTEES REPORT CONTINUED For the ear ended 31 De￿mber 2025 Financial Review During the year, the charity continued to collect rent from the old almshouses Ihat it owns. This income lotalled £9,82312024'. £9,476). The charity retained ils investments in COIF funds and high interest deposit accounts. This income totalled £19,121 (2024. £18,895). The charity also received a legacy of £10.000 in December 2025. The excess of the charity's resoUr￿S for the year in the general fund was £29,040 (2024: £20,183) Of Ihis £9,680 {2024.. £6,727) was given to the Ecclesiastical Charity in the parish of Halesworth. The chariiy also met parish church expendrture in the year of £2,828 (2024. 4,713) The Propety Repair Fund is held to meet the anticipaled cost of roof repairs, which the struclural engineers have indicated will be in the region of £90,000. It is the trustees, intention to continue to increase the Property Fund annually to meet this requirement. It has been agreed by the Trustees, that this year's increase to this fund will be £10,000. Reserves Poli The charty holds three reserves, these are.. Endowment fund- this fund represents the investment in the almshouses and COIF funds. Property repair fund a designated fund within unrestricted funds Ihat is used for the upkeep of the almshouses. General fund this is the charity's unrestricted fund which is used to meet the charity's second and third objectives previously referred to in this report. Investment Poli The investmenls are held in COIF Charity Funds. The inveslments are kept under review every six months. Future Plans The Trustees will continue to promote the charity to maximise the beneficiaries it helps. They will also undertake a comprehensive review of the charity's financial management and investments, in order to maximise future funding for its charitable aims. The Trustees will also review the charity'5 goveming document, with the aim of presenting rt in a fomat that is easier to interpret. HALESWORTH UNAPPROPRIATED ESTATE CHARITY ESTABLISHED BY DEED CHARITY NUMBER 214500 TRUSTEES REPORT CONTINUED For the ear ended 31 December 2025 Risk Mana ement The Iruslees have reviewed the risks lo which the charity is exposed and are satisfied the systems in place are sufficient and robust so as to manage and mitigale exposure to Ihose risks. Statement of Trustees, Res onsibililies Charity Law requires the Trustees to prepare Financial Statements for each financial year which give a true and fair view to the state of affairs of the charity and of its financial activities for that period. In preparing those Financial Statements the Trustees are required a) select suitable accounting policies and then apply them consistently., b) make judgements and estimates Ihal are reasonable and prudent., slate whelher the policies adopted are in accordance with the Statement of Recommended Practice., and dl prepare the Financial Statements on the going concern basis unless il Is inappropriate to assume that the charity will continue in operation. >o.g.bnd signed on its behalf by: LKJ Trustee Trustee ## INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HALESWORTH UNAPPROPRIATED ESTATE CHARITY For the year ended 31 December 2025 I report to the trustees on my examination of the accounts of the Halesworth Unappropriated Estate Charity for the year ended 31 December 2025. ## **Responsibilities and basis of report** As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which give me cause to believe that in any material respect: - accounting records were not kept in accordance with section 130 of the Act; or - the accounts did not accord with those records; or - the accounts did not comply with the applicable accounting requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Helen Rumsey FCA Ensors Blyth House Rendham Road Saxmundham Suffolk IP171WA Dated: 28 August 2026 4 HALESWORTH UNAPPROPRIATED ESTATE CHARITY STATEMENT OF FINANCIAL AcfiviTIES For the year ended 31 December 2025 Unrestricted Fund5 Property Repair Fund Total Funds 2025 Total Funds 2024 General Fund Endowment Fund Note Income and endowments from: Donations and legacies Charitable Activities Investments 10,000 9,823 19,121 10,000 9,823 19,121 9,476 18,895 Total 38,944 38,944 28,371 Expenditure on.. Charitable activities Investment management costs Management and administration 6,365 3,539 5,435 11,800 3.539 6,795 3,602 Total 9,904 5,435 15,339 10,397 Net income lempenditurel 29,040 15,4351 23,605 17,974 Change in resources- being surplvs to be shared with Ecclesiastical Charity Iclause 41 Ecclesiastical Charity1113rdl 9,680 9,680 6,727 Parish Church Expenditure (Clause 281 2,828 2,828 4,713 Net incomlng resources before other gains and losses 16,532 15,4351 11,097 6,534 Transfer of funds iio,0001 10,000 Gainlllossesl on investment assets 127,0421 127,0421 12,480 Net movement in funds 6,532 4,565 127,0421 115,9451 19,014 Total funds brought forward 95,992 70,685 642,919 809,596 790,582 Total fynds carried forward 102,524 75,250 615,877 793,651 809,596 HALESWORTH UNAPPROPRIATED ESTATE CHARITY BALANCE SHEEr As at 31 Detember 2025 Note 2025 2024 Fixed Assets Freehold property Investments 78,000 537,877 78,000 564,919 615,877 642,919 Current Assets Bank- current Bank - deposit Ipswich Building society account Teachers Building Society account Debtors and prepayments 25,698 49,824 92.107 20,000 449 39,695 24,085 89,776 20,000 436 188,078 173,992 Current Llabllltles £cclesiastical charity Sundry creditors 9,680 624 6,727 588 10,304 7,315 Net Current Assets 177,774 166,677 Net Assets 793,651 809,596 HALESWORTH UNAPPROPRIATED ESTATE CHARITY BALANCE SHEET Icontinuedl As at 31 December 2025 2025 2024 Funds of the Charity Unrestricted Funds General Fund Property Repair Fund Endowment Fund 102,524 75,250 615,877 95,992 70,685 642,919 793,651 809,596 Approved on behalf of the Board of Trustees on ..... Trustee Trustee HALESWORTH UNAPPROPRIATED ESTATE CHARITY NOTESTO THE ACCOUNTS Forthe yearended 31 December 2025 l. Accountlng Policies Basis of preparation The financial statements have been prepared under the historical cost convention with items recoEnised at cost or transaction value unless otherwise stated in the relevant note to these accounts. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice and in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland IFRS1021 issued on 16 july 2014 and the Financial Reporting Standards applicable in the United Kingdom and Republic of Ireland IFRS1021 and the Charities Act 2011. The financial statements have been prepared in sterlin& being the functional currency of the charity. Monetary amounts in these financial statements have been rounded to the nearest £. The charity constitutes a public benefit entity as defined by FRS 102. The assessment of the Trustees is that the charity is a going concern. Fund accounting Unrestricted funds are available for use at the discretion of the Tnjstees in furtherance of the charitV'S objectives. Restricted funds are amounts where the donor has specified the purpose of the use of the funds. There were no restricted funds held by the charity during the year. Endowment funds relate to fund5 received for a restricted purpose. The investment income received from the capital invested can be spent for this purpose, with the capital remaining as an investment. Income All incoming resources are included on the Statement of Financial Artivities when the charity has sufficient certainty that receipt of the income is probable and the amount can be measured reliably. Income from investments and from rental income is included on an accrual basis for the period which the income relate5. Expendlture Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. It ha5 been classified under headings that aggregate all cost5 related to that category. Where costs cannot be directly attributed to particular headings they h?ve been allocated on a basis consistent with the use of resources. The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. Grants offered subject to conditions which have not been met at the year end date are noted as commitment but not accrued as expenditure. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. HALESWORTH UNAPPROPRIATED ESTATE CHARITY NOTES TO THE ACCOUNTS Icontlnuedl For the year ended 31 December 2025 l. Accounting policies {continued) Investments Investments held are revalued at the Balance Sheet date and the gain or loss taken to the Statement of Financial Activities. Financial instruments The charity only ha5 financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and consequently measured at their settlement value. 2. Freehold Property Freehold property comprising the Old Almshouses at Halesworth was last valued at £78,000. 3. Investments COIF Income units 2025 COIF Income units 2024 Market value at l January 2025 564,919 552,439 Movement in valuation 127,0421 12,480 Market value at 31 December 2025 537,877 564,919 4. Income from donations and legacies Property repair fund 2025 Property repair fund 2024 General fund 2025 General fund 2024 Legacies 10,000 10,000 5. Income from charitable activities Rent 9,823 9,476 9,823 9,476 HALESWORTH UNAPPROPRIATED ESTATE CHARITY NOTES TO THE ACCOUNTS (continued) For the year ended 31 December 2025 6. Charitsble activities - investment management costs Propertv repair fund Property repair fund General fund General fund 2025 2024 Insurance Repairs and decoration Professional fees Pest control 4.582 987 360 436 2,555 1,248 360 423 5.435 1,200 1,009 6.365 5,435 4,586 2,209 7. Charitsble activities- management and admin5tration ¢osts Clerks fees Accountancy fees Photocopying and postage costs 2,750 768 21 2,750 816 36 3,539 3,602 8. Parish Church expenditure Electricity Clock repairs and maintenance Insurance 11131 2,448 2,378 420 2,408 2,828 4,713 9. Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the yeor. io