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2024-12-31-accounts

rt of thE Tn￿1¢￿ Ststememts for the YwEDded 31 Brotrnsgwye B617AZ

lthe Sts EDded 31 Detember 20 for Rwrt oftht Trns¢tts 13

for the Ye*r EDded 31 Decembtr 2024 TRUSTEES Mr T Thurrell (resig￿1 1.1024) MT M W￿ra￿ Mr D T]￿>￿a5 (r￿jg￿e1 1.424) M5 L R HelTtr) MrABowen (aPWTriDted 24.424) Ms F Bowen (aFV>itknJ 24.424) MSA F￿glISh (8pp)inted24.424) M5SMMiaU m$JHP￿le 20 Will0TpAJ￿k ROPA B48 7FZ REGISTERED CHARrrY 214948 182 WIM¢¢￿ Rcod B617AZ Santsnthr UK PIC Bridk R￿{ L30 4GB c￿RK TO THE TrUSTEKS Mrs S Moxo 20 Will(fftbr￿ Ro Alvecbwcb

oftheT for the Year E4Nled 31 Dtttmber 2•24 The Injstees prE5ent their retM)rt wrtll th¢ fiDanciai of the cJ]all"ty f(r the year eth 31 D￿ern￿r 2024. 111¢ UK Rewthlic of IrElathJ (FRS 102) (effm l JaDuary 2019). Objectiyes aiw5 The Charity is constib￿￿ by TnLSt Deoj ard its d)i￿lIVeS in the year that of maiDtsutitig and servicTtig the os by the Tnkstees to be M4¢wed annually. This was sd at £74.50 per week ￿the year. The rrf)]i¢y of the (Jwity [eEDal￿ ￿ pwvide for a]1 repatys and serytces alThslxytse ￿ a f8ir ZDd affordable fee. The Trustees delegate the day to (kny for Coll￿￿ of and payment of bills to the Chritable aclivities available aud adyte to fi￿1 th¢ obligatiortsof the Clwity. FIMan¢ial posltlon The results for th¢ year I￿1 the fiDancial p)sition of the Cljarity are in aDnexed fmencial ststernents. Funds 8re available to allow th¢ Cbarity to 0￿¢1￿￿e in ¢watiOIL Reserves ￿lleY The po]icy of th¢ Cbarity is to knld accumulatd fi]￿LI kn provide withl for investmellL wkn.cb in bJTn provide Charity Coll]llJi&sio Gowtrning documtht The Trustees the year review are as dethild on l. of Tntstees is governea by a Clarity arrang¢ for ll0n)iDatio￿ from the PatTrsh C(MJts¢ii for TnLStecs. The Tn￿te¢S (klegatr the day to day nmlling of thc Ctwityto the HthL Tr¢￿teralld Cl¢rk tottK Tfttst￿ Major items are refe￿¢d to the Tn￿te<s. Rlsk m8nagemeDt Ch&ity bas deve1q￿d 5y#alk8 to ThKmiti)T aThJ risks to M￿g￿e ally itDpaLt that they may bave on the Cbarity's fith] Independent e￿MIner The independ¢trt examiner. Attwc(xL% will ￿ Nr4KwI fvre-awoj￿t tn th)rdw ThithdK n]]es of th¢ Charity. -.li..Q.ak&u-.Lc2&sIg￿d on its bej￿fby. ME5 A Hwhrics. Tn

l￿dependent examlller'$ rel￿ th thetrmtets of Alvecburth Almshouse Charlty I rep)rt to the ch3tL"ty tsIL&s ￿ my exatilll￿ of the of All￿ Almsb)w (knity (the Tn￿t) for tbe year end￿ 31 December 2024. R￿n￿b]I]I￿8 and b•stg of report A5 the cJJarity trustees of the TTUSt you rqxthk of the with the requiTeDKnts of th¢ Charities kn 2011 Cthe AL). I rqp)rt in resyect of myexamillati￿ of the TnLsVs acojunts catTRed out s￿l0n 145 of the Act and in caTrying out y eXaMi￿n I h&v¢ follow￿ a]14y]ithk Dit¢¢w given by the awity CixnTnI￿1Oll uoth S¢¢tion 145{5Mb) of the Act. IDdepemd¢Dt ex¥JmlneV$ slxtelnent accounting r￿Or&S WCIE kw in rtspect of the by 130 of the ACL or in tbe Charities (Accoullts and Retth) Regulati¢)rL8 21X)8 other than any requi￿￿ that the ac(¥)utts giv¢ & Be￿Nt￿b￿ry FCCA 182 Worc&%ter Road Bromswve Worcestrtshir¢ B617AZ Dat¢.'

the Year Ended 31 DEtemb¢r 2024 31.1224 Totsl fllnds 31.12.23 Total 43J19 13,741 li 57360 11942 58.523 13.432 Totsl 44767 2&435 71.955 EXPENDITURE ON Charitable act[vit￿$ Generdl xtivitics 19,660 3IIM7 51,Tr7 39.613 7,519 I¥ET INCOMEI(EXPENDITURE) Transfers belwtell fuDds 37.7112 (Iwo) (￿12) Iwo 31,0 39.861 13 2V72 1•318 31.(JY) 39,861 RECONCILIATION OF FUNDS Total fiTDd5 bTought forward 14472 155J13 41111133 362,172 167592 431111 402,033

31 Deretnber 2024 Jl.1224 Tot81 fund5 31.1223 Totsl fiwds FIXTD ASSETS Tangible a&sets Investments 55280 281,911 129147 17305 184927 17305• 357977 337,191 Debtors C&8h at bank 1th73 177 3,760 99,226 1117J64 18J59 li 101986 ArnouDts falling th￿ within One year (3282 (967) (4249) (4.7gl) IYET CURRE￿ ASSEIS 107558 98.196 TOTAL ASSETS LE￿ CURRENr 465535 435J87 CREDftORS io (31412) (31412) {33 J54) NET ASSETS 167J92 26WI 433,123 402,033 167592 265531 146.720 255.313 TOTAL FUNDS 433,111 402.033 .......WsA.&..a... and wcte si8￿d ￿ its bdhalfby. MT5 A Hurnphti&%. TnLStee

for the Yfar Ettded 31 Detember 2024 ACCOUNfiNG POLIC￿5 Thc finaTLcial smements of the clw"tty. whicb is a pxthlic toKfit a)tity FRS 101 have be￿ plyp￿ed tn a¢cordanc¢ with the Cbariw SORP IFRS 102) 'A￿X)UnI]llg 8uI RwtiDg by CbarÉties: Ststement of Rec4)Tntnended Practice 8pplic4ble to cbarsti&% their ac¢ordall¢e with the Financial Rwrtillg StsDdard applicable in the UK atjd Rwblic of Jrel￿d (FRS 102) {effeatve l January 2019}', Finatictal Rwrting stalld￿ 102 Tr FI￿￿121 Rewwtiag St2odaTd 4yli¢abl¢ in tb¢ UK aJMI Republic of e]ard' aDd the Charities Act 2011. The financiat Statements have been preparal under the historical cost 1￿come is pwbable that the inc4)nKwilI t¢ ￿1Ve￿ be￿￿￿[￿1 reliabty. cltarity to that expth"nw¢ 1¢ is probable that & transf¥ of kthefits will be in settlement and the 8m¢)unt of th¢ Obligati￿ can be rneas￿ reliably. EX￿ditUre i5 aLYouDd for on accruals basi5 and bas been C[￿]fied under hewJiD8S that aggtegate all cost related to tk categ(xy. Whthe ¢{￿ts Cathiot be dirttt]y Tan￿ble fixed &$5ets life. T￿￿110 FNnd KCOu￿tIng UDrcstEiCted fiulds C#D be with th ¢lwithbl¢ (kni￿1¥¢$ at the djxteti"￿I of the tswes. repfitrs He*t #nd Wt Costs are Tedjarged at a SthTthrd rate ￿ a]1 ]rsIden￿ ][te$p￿tiVe ofusaEq ￿1¢h ate ￿¢08￿1$￿1 in the iticome Investments Investments are In¢1￿ at closin8 matket at the balance sheet dat& Net &￿￿￿(10￿￿) on investrll¢nts a

for the Year Ended 31 DeceDther 2(124 31.1224 31.12.23 572611 58,523 ContributiOA4 totallÉng q714 (2W23. £320) were voidedthriDg th¢ye8rdue ro thepr¢wty E¢ing refiubished. 31.1224 31.1223 Other fix￿ asset invest. Fll twsit ¥¢ount u)t¢rest 9.174 3,768 10.459 2.473 13,432 TRvsfEES' REMUNERATION AND BENEFTIS ended 31 De¢emir 2023. Dunng the yw. expeEL8es iotsl]ing £196 (2023 . £tiiD w￿e to Mr M W<mll &]il (2023 . £110 Totsl 41279 17244 11.635 58,523 13,432 43,076 28.879 71.955 EXPENDTfuRE ON Genera] actiities 20.117 19.496 39.613 7519 7,519 NET INCOME 30,478 (16,180) 9J83 16,180 39.861 Net movement in fuThJs 14298 25,563 39,861 RECONCILIATION OF FUNDS Totsl firyjs br￿￿tst forw8td 131422 229.750 362.172

fo Year£Dded 31 December 21)24 Total TOTAL FUNDS CARRIED FORWARD 14A720 255J13 402,033 TANGIBLE FIXED A&SETS Freehold COST At l January 2024 s￿￿ 31 i￿￿1ber2024 DEPRECIATION At l JaDW 2024 31 D￿e￿i￿r2024 NET RIK)K VALUE At 31 DeCcm1￿r 2024 At 31 Dttant*r2023 55280 in cibt or valua￿ of latxl 8Dd iwildtDgs is fred￿ld latbj of £20.1KK) (2023 . £20.(MKTr) wbich is not deP￿clat￿L At l January 2024 281911 8J91 At 31 D￿ember 2024 30U97 At 31 D¢¢£tDbeE2024 30U97 At 31 DEc¢m￿2023 281.911

f•r the Yur E r 2024 IDvestmeDts Valu8tion sn 2020 Valuatioll 2021 Valu*iOll tn 2022 Vall￿1(￿ iti 2023 Valuation in 2024 (lJ,761) 24J23 (IOJ36) 7518 iU95 282558 3f12W7 31.1224 31.12.23 T￿de debtots 2.766 994 iJ83 3.760 31.1224 31.1223 loans aKI ovenlrafis (se¢Th)te I l) Trade erdit¢)rs 959 2,551 1,280 1,078 4,79) 31.1224 31.12.23 BaDk loaLs (sce JxTrtc I l) 31412 33.354 LOANS 31.1224 31.12.23 1,1 959 Howing Asswialion loan. 1.5 ye4rs 5,297 Repayableby 1Lstaln￿ts.' HowingA￿l￿10ll 5 ye4tS 28,057

for tbe Yer EDded 31 Decem 21124 11 SECURED DEBTS 31.1124 31.1223 Baok l(wns 33512 34.3 13 Net Trdnsfe At 31.12.24 At 1.124 1720 37,702 {IA830) 167592 175,763 74216 (9.103) 90 173.050 87,021 HeatiDgalld ii8btiDg fillml 255J13 {4612) 265WI TOTAL FUNDS 31.lYJQ 433.123 Net llM>vctnefjt ill alx>ve ar & follo in fimds Unrestrieted funds 4<767 (19W) 37,702 Restricted tunds 9) 07A93) {I939) {lJ&15) {9.103) 365 1126 3J 13,741 He&ting aTKI lighting fimd (3ID47) (1612) 02 (51,7•7) iU95 31J19• Page 10

for the Yar Ellded 31 December 21124 13. Net At 31.12.23 At 1.123 131422 3Q478 (16,180) 14A720 Restricted fund8 160,818 67,146 1.786 8.805 {970) 6.140 10,040 175,763 76216 3,334 Heating al￿ lightDig 229.750 9.383 16,180 255,3l3 TOTAL FUNDS 361172 39.861 402,033 in 43.076 (20,117) 7519 30.478 9,685 1.950 17244 {880) 11920) (15.696) 8.805 (970) 1.548 Heating atsd li8hkn8 fuDd 2&879 (19,496) 9,383 71955 (39.613) 7519 39.861 Net At 3R.12.24 At 1.123 Unrestt4d¢d funds 131422 68,180 (33.010) 167,592 Restrietsd I(￿)￿18 67.146 1.786 (298) (￿15} 3.674 12J30 20,480 173,050 87,021 5.460 Heatingalld I￿hting futyj 229,750 2,771 33,010 265531 TOTAL FUNDS 362,Ir2 70951 433,123 Pagell

for the Yw Ended 31 Detember 21tt4 13. MOVEMENf IN FUNDS. &8 follows: in Omds 87N3 (39.777) 20,114 68.180 18,075 {18J73) {5,859) (￿)11) (298) (605) 3.674 Heating￿ lighting ft]nd 30.985 54314 {51.543) 1771 141157 (91 J20) 20,114 70.951 14. Page 12

for the Ended 31 December2O24 31.12.24 31.12.23 Mai[rteDa￿e contributions $72 58,523 I￿VeStment Rents received 9,174 768 10,459 2.473 12942 13.432 Tolxi rtyiurees 7D3•2 71,955 Wages 2895 3.202 1.243 15,696 329 1.6 291 8.517 4.661 Ligbi 3ttd heat iiffiis Subscriptsojjs 453 37.999 Support c(ksts Advertising TTUStee trailllllg 21K) 2W A¢¢oUnt￿KY 414 1.414 51.7 39.613 Net IDcome IV95 32J42 Page 13