THE BUNNY AND BRADMORE CHARITIES comprising THE PARKYNS SCHOOL CHARITY (9528187) THE APPRENTICE CHARITY (528224) THE BUNNY AND BRADMORE GENERAL CHARITY (214735)
are administered by the Clerk to the Trustees, Kate Read, from 17, Victoria Road, Bunny, Nottingham, NG11 6QF
ANNUAL REPORT for 2024
FOUNDATION
The Parkyns Almshouses were built in the year 1700 by Sir Thomas Parkyns Bart., second son of the Lady Anne Parkyns.
Lady Anne, by a Deed dated 12[th] July 1709, created the Parkyns School Charity, the school originally having been part of the Almshouse building with the hospital attached
The Almshouses together with the charities known as the Bread Charities, the Great Leake Allotment, the Coal Charity, the Nottingham Land Charity, the Sir Thomas Parkyns Charity and the Lady Anne Parkyns Charity were all amalgamated into the General Charities by a Scheme of the Charity Commissioners dated 29[th] August 1963. A new Scheme dated 11[th] September 1997, since amended, consolidated all the General Charities and revised the administration and the Trustee representation.
The School and Apprentice Fee Charities were regulated by a Scheme of the Minister of Education dated 17[th] October 1963, as subsequently amended, and their accounts are brought together under the Education Charities.
OBJECTS
The Education Charities exist to provide further educational benefits to young persons in the Parishes of Bunny, Bradmore and Costock and to help the Bunny C E School with facilities which it cannot obtain through the local Education Authority. The Parkyns School Charity owns and maintains the structure of the old School, which is leased to the Bunny Parish Council and used as the Village Hall.
The General Charity’s first concern is to provide almshouses for needy persons initially from Bunny and Bradmore but, if necessary, from a wider area, and to maintain them to a high standard of accommodation; thereafter to provide benefits for needy persons in Bunny and Bradmore, and in general to give assistance to persons in distress.
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REVIEW OF THE YEAR
The Trustees in office at the end of the Year were:
Appointed by Bunny Parish Council Mr K Cannon Appointed by Bradmore Parish Council Mr P Crompton Co-opted Members Mr G G Norbury Mr M Marchant Mrs H Whyte Mr H Barr (Chairman) Ex-officio trustee Rev. T H C Meyrick
The Clerk to the trustees was appointed from 1st January 2024 and the retiring clerk agreed to work along side her whilst she familiarised herself with the role.
During the year Mrs Featherstone’s place as the Bunny Parish Council nominated trustee was taken over by Mr K Cannon.
Mr Thorneycroft resigned as a trustee and chairman of the trustees but agreed to support the maintenance of the properties through his company. Mr H Barr was coopted as a trustee and invited to be the chair of the trustees which he agreed to do for a maximum period of two years from June 2024.
The longstanding resident of the first floor flat number 126, Mrs M Downes, sadly died in January. The trustees took the opportunity of carrying out a full upgrade of the flat before seeking a new resident relying on funds from the Extraordinary Repair Fund.
Following completion of the works the flat was advertised but a suitable almshouse resident was not found and a temporary resident was installed. The central heating boiler in the ground floor flat number 124 referred to in the previous annual report has been replaced.
The Trustees continue to carry out routine maintenance to the almshouse buildings and servicing of equipment as necessary to ensure that a high standard is maintained.
The works referred to in the schedule of condition for the Village Hall referred to in the last annual report have been partially completed.
The insurance for the Village Hall was reviewed at the time of renewal and a new insurance has been put in place.
The Trustees have met in the meeting room in the usual way. The History Society continues to store materials in its cupboards in the room and to hold committee meetings there.
The Trustees have continued to make grants to students for books or course materials in the usual way.
THE COMING YEAR
Routine maintenance of the almshouse building will continue to be carried out as required from time to time together with servicing requirements.
It is planned to have the remaining works on the schedule of condition for the Village Hall undertaken in 2025.
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The Trustees will carry out an inspection of the almshouse building and the flats to ascertain their state of repair and review what repairs (if any) are required.
The trustees will be readvertising the first floor flat early in the year with a view to finding a suitable almshouse resident.
STATEMENT OF TRUSTEES’ AND GOVERNORS’ RESPONSIBILITIES
The Trustees and Governors are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charities and of their financial activities for that year.
In preparing those financial statements they are required to :
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Select suitable accounting policies and to apply them consistently
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Make judgements and estimates that are reasonable and prudent, and
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Prepare the financial statements on the ongoing concern basis unless it is appropriate to assume that the Charities will cease to exist.
They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charities and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charities and hence for taking reasonable steps for the prevention and detection of fraud.
ACCOUNTS
Throughout the accounts all figures are rounded to the nearest pound and are shown in pounds sterling.
The Accounts have been prepared in accordance with the provisions of the Charities Act 2011 with an Income and Expenditure Account and Balance Sheet for each Charity. The Act requires that the investments be stated at Market Value at the Accounting Date, and as a result, the following changes in value are recorded:
Parkyns School Charity £ 556 Apprentice Fee Charity £ 257 General Charity £1654 These have been recorded in the accumulated funds.
A Cyclical Maintenance Fund is maintained to even out the costs of maintenance for the Almshouses over the years; the balance at 31[st] December 2024 was £377.
The Trustees are also required by a Scheme dated 22[nd] May 1972, to provide for the extraordinary repair, improvement or rebuilding of the Almshouses by maintaining an Extraordinary Repair Fund, the balance of which, at 31[st] December 2024, was £30,934.
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The Trustees and Governors have taken the view that it would not be practical or financially sensible to have valuations of the two properties made every year since they are inalienable. The accounts record the insurance valuation in each case and this is kept under annual review. The total insurance valuation of the properties at the 31[st] December 2024 was £2,238,309
SIGNED ON BEHALF OF THE TRUSTEES AND GOVERNORS
H.Barr (Chairman)…………………………………………………
Dated 2025
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THE BUNNY AND BRADMORE CHARITIES
GENERAL CHARITY
PARKYNS ALMSHOUSES Schedule 4 CONTRIBUTIONS RECEIVED for the year ended 31st December 2024
| **Gross ** | Income | ||||
|---|---|---|---|---|---|
| Residents | Term | 2024 | 2023 | ||
| Mrs M A Downes | Weekly | licence | 800 | 4800 | |
| Mr A Hibbitt | Weekly | Licence | 4800 | 4800 | |
| Mr D Wilkins | Weekly | Licence | 1350 | 0 | |
| Deposit | 450 | ||||
| Men’s Institute | Annual | Acknowledgement | 225 | 225 | |
| 7625 | 9825 | ||||
| Schedule 5 | |||||
| INCOME FROM INVESTMENTS for | the year | ended 31st | December 2024 | ||
| Market | Cost | Gross | Gross | ||
| Value | 2024 | 2023 | |||
| CAPITAL FUND | |||||
| M&G Charity Multi Asset Fund | |||||
| (Income Units) | |||||
| 41480 Income Shares | 38506 | 15673 | 1680 | 1576 | |
| INCOME ACCUMULATION FUND | |||||
| M&G Multi Asset Fund (Income Units) | |||||
| 9754 Income Shares | 9054 | 3875 | 395 | 370 | |
| Charities Offcial Investment | |||||
| Fund | 5073 | 250 | 138 | 136 | |
| EXTRAORDINARY REPAIR FUND | |||||
| M&G Multi Asset Fund (Accumulation | |||||
| Units) | 30934 | 22619 | 1781 | 1646 | |
| 83566 | 42417 | 3994 | 3728 |
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THE BUNNY AND BRADMORE CHARITIES
GENERAL CHARITY
BALANCE SHEET at 31st DECEMBER 2024
| ASSETS - PARKYNS ALMSHOUSES PARKYNS BOOK INVESTMENTS - Capital At market value Income Accumulation Funds PREPAYMENTS - Insurance BANK BALANCES Less LIABILITIES Deposit held Almshouse Contributions Representing:- ACCUMULATED FUNDS Insurance valuation of the Almshouses |
Cyclical General Maintenance Funds Fund |
Extraord - Total inary repair Fund 2024 |
Total 2023 80631 13722 668 23552 118591 337 337 118254 118254 1,138,302 |
|
|---|---|---|---|---|
| Not valued Not valued 38506 14127 661 23801 377 |
30934 69440 14127 661 24178 |
|||
| 77095 377 450 332 |
30934 108406 450 332 |
|||
| 782 76313 377 |
782 30934 107624 |
|||
| 76313 377 |
30934 107624 |
|||
| 1,385,469 |
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THE BUNNY AND BRADMORE CHARITIES
GENERAL CHARITY INCOME AND EXPENDITURE ACCOUNT for the year ended 31st December 2024
| Schedule GROSS INCOME FROM: Almshouses 4 Investments - 5 Capital funds Accumulation of Income Transfer from Extraordinary Repair Fund Bank Interest Less EXPENDITURE - Almshouses - Maintenance Water & Sewerage Insurance Gas Sundry Expenses Transfers - Cyclical Maintenance Fun Extraordinary Repair Fund General Funds Welfare grants and gifts Administration - Clerk’s Fee SURPLUS /DEFICIT OF INCOME SURPLUSon revaluation of investments - unrealised SURPLUS FOR THE YEAR BALANCE AT 1st JANUARY 2024 BALANCES at 31st December 2024 |
Schedule | General Cyclical Extra- Total Total Funds Mainten- ordinary ance Repair Fund Fund 2024 2023 7175 7175 9825 1680 1680 1576 533 1781 2314 2153 16000 16000 0 1131 2 1133 1004 26519 2 1781 28302 14558 20575 20575 1327 733 733 622 1322 1322 1373 933 933 1128 1212 1212 435 0 0 0 250 -250 0 0 16000 16000 0 120 120 1434 1200 1200 1200 26345 -15750 42095 7519 174 2 -13969 -13793 7039 1654 1529 3183 2060 1828 2-12440 -10610 9099 74531 375 43374 118280 109180 76359 377 30934 107670 118280 |
|---|---|---|
| 1828 74531 **76359 ** |
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THE BUNNY AND BRADMORE CHARITIES
EDUCATION CHARITIES
PARKYNS SCHOOL CHARITY Schedule 1
| Tenant Term Bunny Parish Council Term of years up to 31st December 2029 |
Gross Gross 2024 2023 |
|---|---|
| 2988 2988 |
INCOME FROM INVESTMENTS for the year ended 31st December 2024
| PARKYNS SCHOOL CHARITY | PARKYNS SCHOOL CHARITY | Schedule 2 | ||
|---|---|---|---|---|
| Market | Cost | Gross | Income | |
| Value | 2024 | 2023 | ||
| M&G Charibond Charities Fixed Interest | ||||
| Common Investment Fund | ||||
| 1622 Income Shares | 1750 | 1675 | 79 | 65 |
| M &G Equities Investment Fund | ||||
| for Charities (Charifund) | ||||
| 1658 Income Units | 24412 | 2399 | 1492 | 1417 |
| 26162 | 4074 | 1571 | 1482 | |
| APPRENTICE FEE CHARITY | Schedule 3 | |||
| Market | Cost | Gross | Income | |
| Value | 2024 | 2023 | ||
| M&G Charibond Charities Fixed Interest | ||||
| Fund (Charibond) | ||||
| 461 Income Shares | 497 | 476 | 23 | 18 |
| M&G Equities Investment Fund | ||||
| for Charities (Charifund) | ||||
| 740 Income Units |
10896 | 1069 | 666 | 633 |
| 11393 | 1545 | 689 | 651 |
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THE BUNNY AND BRADMORE CHARITIES
EDUCATION CHARITIES
BALANCE SHEETS at 31st December 2024
| Schedule ASSETS - VILLAGE HALL (Note INVESTMENTS - At market value 2/3 PREPAYMENT - Insurance BANK BALANCES Less: LIABILITY - Rent received in advance NET ASSETS Representing:- ACCUMULATED FUNDS Note: Insurance Valuation |
Parkyns Apprentice School Fee |
Parkyns Apprentice School Fee |
Total 2024 |
Total 2023 36741 408 36516 73665 747 72918 72918 617,816 |
||
|---|---|---|---|---|---|---|
| Not valued 26162 11393 321 35114 5072 |
Not valued 37555 321 40186 |
|||||
| 61597 16465 747 |
78062 747 |
|||||
| 60850 16465 60850 16465 |
77315 77315 |
|||||
| 897,840 |
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THE BUNNY AND BRADMORE CHARITIES
EDUCATION CHARITIES INCOME AND EXPENDITURE ACCOUNT for the year ended 31st December 2024
| Schedule from - Village Hall 1 Investments 2/3 Bank Interest Less EXPENDITURE - Grants for education and social training Village Hall - Insurance Repairs Sundry expenses Excess in respect of Village Hall insurance claim Administrative Expenses - Clerk’s Fee SURPLUS SURPLUSon revaluation of investments - Unrealised Balance at 1st January 2024 BALANCES at 31st December 2024 |
Parkyns Apprentice Total Total School Fee 2024 2023 2988 2988 2988 1572 688 2260 2133 754 377 1131 1003 5314 1065 6379 6124 0 500 500 800 642 642 817 1013 1013 55 153 153 0 0 0 100 267 133 400 400 2075 633 2708 2172 3239 432 3671 3952 556 257 813 -753 |
||
|---|---|---|---|
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I, Isabella Whyte, MSc have at the request of the Bunny and Bradmore Charities perused their annual account for the year ended 31st December 2024 and confirm that these appear in order. I have not carried out a detailed examination or audit nor have I checked compliance with the requirements of the Charities Acts. Signed……………………………….
Dated……………………………….. 23/10/2025