Annual Report for the Charity of John Pearce Reg. No : 214979 The Vicarage, Church Street, Bolsover, S44 6HB Trustees: Chair – Rev. Rachel Gouldthorpe Clerk- Mrs Susan Coulton Treasurer – Mrs. Julie Potter Church Warden – Mrs. Susan Abbott Mr. Alan Hodkin Mrs. Maureen Coupe The trustees are responsible for 4 independent cottages for single people over the age of 60 with limited means. We currently have a waiting list. All 4 are occupied and are maintained to a high standard by the trustees. The trustees meet 3 times a year and are always available throughout the year if and when any concerns are raised by the residents. These we deal with appropriately as they arise. To recruit Trustees we advertise in the Parish Magazine and through a notice on the Notice board at the Church entrance. This means that a wide range of people have access to this information. This year our main aim was to clear the overgrown area at the rear of the properties. This was successfully completed and now enhances the view across the valley for the Residents. Susan Coulton Clerk to the Trustees 31/08/2025 ## John Pearce Accounts Auditors Report for yle D￿mber 2024 The accounts p￿sent a true and fair view of the stste of affairs for the Trust I have discussed my calculations and fomiat presentations with the Treasurer which will enable the account to have more darity In my opinion the rents are fair. During the year there were no large items of expenditure. This means that Ihe income exceeded the expenditure and therefore the dosing balants increased from £25634 to £32407 This means the Trust is well placed to meet any unexpected large repairs I mentioned in my report last year that the finanaal position of the Trust is strong but the trustees should conb'nue to rnonitor that rents do approximately match regular expenditure in order to help safeguard the long tem viability of the Repair Fund. The Trustees have followed this recommendation The Trustees investment in the Church of England Investment fund has, like all investments, en￿unlered a turbulent year but it is a relatively safe investment and it is in positive terrttory by almost £900 The nature of the John Pearce Trust means that a long terni view Gen be taken alx)ut such investments. The Trustees can afford to be relaxed about this investment providing the rents are suffioent to meet liabilities in addition to this investment the Trust has approximately £33000 in the Bank account which can used to meet such liabilities From a personal perspective both the Trustees and Officers appear to maintsin the properties very well and are to be congratulated Reg Tooth Auditor June 2025 John PearceTrust ststement of Accrunts ye 3111212024 Balance 111 2024 Rents 25634.87 14386.86 Expenditure Grout ins 1320.18 Sevem Trent 2014.73 (1369.54 + 645.18) Almshouses Ass 542 TV Li￿nCe 15 Housing Omb 32.12 BDC 914.68 Direct gas 576 Greaveson landscapes 870 D G Bedford 310 S Walton building services 978.05 R Gouldthorpe 41.35 Total expenses 7614 40 40021.73 Cash 3111212024 32407.33 Bank Reconaliation Ststemerrt Balan￿ per bank 31112 2024 less unrepresented cheque 33152.26 744.93 Amended balance per bank statement 32407.33