Charltynum)er.' 215087 Parmiter's Almshouse and Pension Charity (A Charity govgrned by its constitution, charity number 215087) Financial Statements and Trustees. Report for the year ended 31 March 2025 Parmiter's Almshouse and Pension Charity IA Charity governed by Its constitutlon, charlty number 2150871 Index to the Financial Statements for the year ended 31 March 2025 Page Index to the Flnancial Statèments Charlty Infomiation Trustoes. Roport Slat•ment of Trustees. Rèspon51bllltles Ind¢pend•nt Examinerf$ Report statement of Flnancial Activltlos ststement of Flnancial Postion 10 11 statement of Cash Flows 12 Accounting Pollci¢s Notes to the Accounts Page 2 Parmiter's Almshouse and Pension Charity IA Charlty govèrn•d by its ¢onstltutlon. charlty Dumber 2150871 Charity Information forthe year ended 31 March 2025 Charfty nam•: Pamitèls Mmshouse and Pension Charity Charlty r•glstratlon numbor. 215087 Reglstered office: 6 Trull Fami Buildinos Tetbury GlourAstgrshirè GL8 8SQ Operatlon$ •ddrns$: 6 Trull Fami Building5 Telbury Gloucestershire GL8 8SQ Trustees who hgld ¢)ffl¢g Pamlter's Almshouse and Pension Charity Limited Chairper¥on: VSce chair. Treasurer- Mr M Tyrrell Mr M Ling Mlss A Ambroso Ind•p•ndent Examlner.. Anthony Armstrong FCA Amistrong & Co Chartered Accountants & Stst(koryAuditor 4a Printing Hous6 Yord Hackney Road London E2 7PR Bankets: HSBC 8ank Pl¢ 2 Cheapside High Road Wood Green London N22 6HJ Pag& 3 Parmiter's Almshouse and Pension Charity (A Charity goY•med by its eonstltution. charlty number 2150871 Trustees, Report tor the year ended 31 MarGh 2025 The Chair of Trustses of Parmltarfs Almshouso and Pension Charity present their ststulory report together with tho financlal staternents for the year ended 31 March 2025 which have been prepared in accordance with Charity law and the prowsions of the Stat8mènl of Recommgnded Practice ISORPI- Accounh'ng and Reportin9 by Charitie5 IS5u8d in 2015. REFERENCE AND ADMINISTRATIVE INFORMATION The Charity is regulated by a Scheme ol the Charity Comrnissioners dated 13 March 1913, as amended by a subsequent scheme dated 28 January 2008 with the registration number 215087. On 28 January 2008. by virtue of a Charity Commission scheme, the net assets of Bethn81 Green Philanthropic Pension Society (Charity R8915tralior¥ No. 2769451 wgr8 merged with those of the charity. Under a uniting direction issued on 30 July 2005, Parmiterfs ￿rnsho￿$e and Pension Charity Limited Icompany reglstration number 48622311, which was incorporated on 11 August 2003, wa5 linked with the charity under Section 96151 of the Charitie5 Act 1993. The company will remain 5eparat8 and legally distinct but is registered with the Charity Commission under the same charity règistfatlon number. The company acts as corporate trustee and also owns and mana98S the Alrnshou5es. Day-to-day management of the almshouses was transferred to The Trust Partnership in October 2020, having previously been managed by Colne Housing Society Limited. Trustees and dlrectors The following served as a trustee and dirgclor during thè yaar and sincè. for which thèy received no remuneration.. Parmiterfs Amshouse and Pension Charily Limited Clerk to the Tru$teè$ Ms Julia Linfwt Registered Offlce 6 frull Farm Buildings Tetbury Gloucestershire GL8 8SQ Structure, governance and management The Charity is run by the Iruslees with the day-to-day administration d8legat8d to the Clerk to the Trustees. The Charity is govemed by Articles ofAssoci8ti¢n aTrd thè Chartty Commission Schèma 0128 January 2008. Th8 Articles of As50ciali¢n were reviewed ar￿ updated in June 2020, in line with the most re￿nt Companies Act of 2006. The Charity is a memb8r of the Ajmshouse Association and the Housing Ombudsrnan Service. When a trusteeldirector resignslretires, through their Trustee Reeruitment Procedure the remaining trusteesldirectr)rs consldeT what new ski11slareas of expertise neèd lo be brought Into the Charity. Bearing thls In n￿nd, the trLtsleesldirectors thèn $8ek oul new potenttal trustees, either from people who are personally known to them or through advertisernenl. There have been no resignations or 8ppolntments of trustees over the course of the year. Rlsk management The major risky to whieh the Charity is exposed. as identified by the trustees, havè beèn rèviewgd and systems have been estsblishÈd to mitigate those risks. Exlernal risks lo the principal income of the Charity are minimised by spreading the investments of ffte Charity. Intemal risks are rninimised by Ihe implementah'on of authorisalion procedures lor all project5 and areas of expenditure. Managernenl Account5 are reviewed at every meèting to ensure the Charity is financially stable. The Risk Regisler is reviewed by Trustees at every meeting and updated As required. OBJECTS AND ACTivrriES The principal object and activity during the year, having regard to the Charity C¢)mmi5sion's gen8raJ guidance on public benefit, Ès lo.. 1) apply the chantys income for the benefit of the 81mspeople and pens￿nerS ol the ¢harlty. being local residents who meet the criteria for appointment as specified in the Scheme. 2) provide Almshouse accommodation lor 6 local resldents who meet the criteria for appointment as specified In the Scheme. Page 4 Parmiter's Almshouse and Pension Charity IA Charity governed by Its constitutlon, charlty numb•r 2150871 Trustees. Report for the year ended 31 March 2025 ACHIEVEMENTS AND PERFORMANCE The Charity originally had Almshouw in B8thnal Gfeen which were destroyed by enemy action during the course of the Second Vvorfd War. Trustees hoped to build new Almshouses in Belhnal Green lo rgplace the ones lost and while they pursued various development proje¢t$, unfortunately it was not possible to Bchieve this aim. Hawng looked at 3 site8 outsidg of Bethnal GTeen Ihe Company purchased 6 bung81ows on a naw dèv61￿M8nt in Clacton on Sea, Essex in Septemberloctober 2010 and designated these as their ngw Almshousas. The Almshouses were purchased by means of 8 transfer of funds trom the Parmiter's Almshouse & Pension Charity. The Trust Partnership now manages all aspects of repairs and maint8nanca, including the relevant health and safety checks and overseeing the welfare of thè residents. The Trustees continue to regularfy review their financial position and in particular their investments. They have investigated opportunities for the purchase of some additional Asmshouses, and considered a partnership wth another almshouse charity, bul they have not yet found a suitabl8 option. They hove currently decided to pause acquiring additional almshoLJse5 due to a eoncem atx)ut the affordability of rising costs for maintaining and Managing property,. lo rneet health and $8f&ty regulatlons and their impact on the work the Charity dogs to support Pensioners in B9thnal Green and to tackle social isdatson. Trustees organize and deliv8r social events for thè pensioner beneficiaries in Bethnal G￿en as well a$ the annual to the alfflshou5e residents. The ￿iCe-yeartY pension payments have continued to be distributed. Pensioners unable to attend eventg receive a hamper either al Christmas or Eid. The trustees keep the number of p8nsion8rs on thè roll under regular review And they are currently recruiting more pènsloners as numbers have reduced. The advertisement has been cirwlated lo a broad range of organisations and through social media to ensure all the communitie8 in their area of ben8fit arts aware of the Charity and have the opportLJnity to rnakg an applieAtion. Thè Charity has an Extraordinary Repair5 Fund in order to plan for expenditure on component replacements at the almshouses. eg boilers and window IraThe5. Policies have been reviewed and updated according lo the planned policy ￿VIeW schedulo and plans a￿ in place to ￿neW the Corporate Plan. FINANCIAL REVIEW Results for the ￿ar The results of the period and financi81 position of th& charity are shown in the annexed financial stslements. Thè Statement of FinancAal AclNities shows net incorne for the y88r of £100,632 and resetves of £4,214.107. Tangiblè fixed ass•ts for use by the chartty. Fixed assets are sel out in Not8 7 to the 8cix)unts. serves Pollcy Al 31 M8rch 2025. the reserves of the charity stood at £4,214,10712024.. £4,162.4751. 01 these, £19.89312024'. £19,8931 are permanent endowmgnt funds and £1.520,334 {2024." £1,564,189) are restn'cted to particular purpos9$. This18avès frè8 rasgrvgs of £2,675,88012024.. £2,578,393>. The majority of the free reserves are represented by a8sei$ held on Investment. These provide the income necessary for the charity lo ¢ont(nue fijlfilllng Its oblgctlves. Thg reserves policy of the charity is reviewed at each Trusttro mèètlng . Inv•stm6t)t pollcy A rnajor part of the Charity's rèserves are invested. The trustees, inveslment policy 15 to maintain a balanced portfol¥) be￿een income and capital growth. The funds are invested in the Ch8Tincts and Charishare funds operated by BlackRock Investrnent Managernent Ltd and in COIF Ch8rrties Prtspety funds operated by CCLA. auarterly v81ualions of thesè invèstrnents ar8 provided by BlackRock. The trustees also invested In an Avlva bond and ￿entlY invested the profil from that bond into 8noth8r product with AJ Bèll., The perfom)anco of all their investments are reviewed 81 every Trusteè meeting. Thè TDJst8es have a written Inveslments and R&seTves Policy which is reviewed annually. PUBUC BENEF As stated above. Ihe trustees, main objectives are the provision of Almshouse accommodation, the Provision of pensions and social events lo tackle social isolation. These objectives serve the public benefit by the provision of low cost Almshouse accommodation, provision of p8n5ions that are paid iwice a year and at least four annual social even15. which as many l¢)w incorne elderly people In Btsthnal Green can benèfit from as circumstances allow. Page 5 Parmiter's Almshouse and Pension Charity 'A Charity governed by It$ constltutlon, charity number 215087) Independent Examlner's Report to the Trustees of Parmlter's Almshouse and Pension Charity I report on the a¢¢ounts of Parmiter's Almshouse arKI Pension Charty foT the period from 1 April 2024 lo 31 March 2025. which are sel tsut on pages 9 to 16. This report Is made solely to the Charity's truslegs as a body in accord8nee wlh seclion 145 of the Charities Act 2011 (the Charitie5 Actl and regulation5 made under se¢tion 154 Of that Act. My examinatlon has been undertaken so Ihat I might stale to the charills trustees those matters l am required lo state to them in an independent examinevs report and for no other txjrpose. To the lullest extent pemiitt8d by law, I do not accept or assume re5ponsibilrty to anyone othèr than the charity's trustees as 8 body, for my examination, for this report. or for the opinions I have formed. RespectN• re$ponslbllltie5 of trustees and examlner As described on page 7, the trustees are responsible for the preparation ol the accounts. The charity's trustees consider that an audit is not fequir8d for this year undor section 144 of the the Charit*s Act and that an independent examination is need8d. Having satisfied my5811 that the charity is nol subject to audit und&r charity law and is eligible for Independent examination, it is my responsibility to.. al examine the accounts under section 145 of the 2011 Act, bl lo follow the proceduTes laid down in the gèneral Directions given by the Charity Commission under section 1451Sllbl of the 2011 Act, and cl to state whether particular rnatters have come to my attentM)n. Basis of independ•nl examiner's $tat•m¢nt My examination was carried out in aceordance with the general Directions glven by the Chadty Commission. An examinatlon includes a review of the accounting records kept by the charity and a comparison of the accounts presented wilh those records. It Èlso include5 consideration of any unusua5 it8ms or disclosures in thè accounts, and sèeking explanations from the tru51e8S concerning any such matters. The prO￿dureS undertaken do not provide all the 6videnc8 that would be required in an audit. and conseqLJently no opinion is given as lo whether the accounts pr8s8nt a 'true and fair view and the Teport is limited to those matters set out in the statem8nt below. Independent examlner's statemenl In connection with my examination, no material matters have come to rny attention whi¢h gives me cause to believe that in, any material respect.. the accounting records ware not kept in accordance with section 130 01 the Charities Ad,. or the accounts did not accord with the accounling records,. or the aecounts did ntst comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 olher than any requirement that ihe accounis give a 'tTue and fairf view which is not a matter considered as p8rt 01 an independent examination. I have ccrnè across no other matters in connection wth the exarninatlon to which att6ntion should be drawn in this report In order to enable a proper understanding of the accounts to be reached. Anthony Armstrong FCA. Indèpendent Examiner of Amistrong & Co CharteredAcco ntanls & Slalulo AuGIit 4a Prlntlng Housa Yard Hackney Road London E2 7PR Dated: 3 D•cemb•r 2025 Pag8 8 Parmiter's Almshouse and Pension Charity IA Charlty govgrned by its eonstitutlon. charlty numbgr 2150671 Statement of Financial Activities for the y8ar ended 31 March 2025 2025 2024 Unrvstrfct8d Fund8 R88trf¢téd Funds Endowm8nt Fund8 Total Fund¥ Total Funds Note5 Ineomè and endowments from: Charitèb16 activities Investrnènts 45,853 45,853 74,135 43,053 77,215 74,135 Totsl Inttimè 74.135 45.853 119.988 120,268 Exyndlture on.. Charitable activ￿.9$ 88.387 40,674 129,041 129.989 Total e¥pendlturè 88,367 40,674 129,041 129,989 Total In¢omo I•ss oxp•ndltur• 114.2321 5,179 19.0531 19.721} Net gainslllossesl on Investmènts 109,719 (341 109.685 57,917 N•t Incom•llexpenditurg1 95.487 5,145 100,632 48,196 Other r•cognised gains1l1o￿e5l'. Gain51(lossesl on revaluation of fixed assets 149,0001 143,8551 149,OCN)I 187,000} 138.8041 N•t movoment in funds 95,487 Recon¢lliation of funds: Total funds brought forward 13 2,578,393 1.564,189 19.893 4,162,475 4.201,279 Total fund$ ¢aTrlgd forward 13 2,673,880 1.520,334 19,893 4.214.107 4,162A75 l incoming resources and resources expended are derived from continuing 8Ctivitiès. There are no galns and loss&s oth&r than thos6 noted above and therefore no separate 5talemant of lot81 r&¢ognis0d gains and losses has be8n pr8pared. The accompanying aeCOLtnting pollcies and notès fom an integral part of these financial ststements. Page 9 Parmiter's Almshouse and Pension Charity A Charlty govemed by Its con$tltutlon, charlty number 2150871 Statement of Financial Postion as at 31 March 2025 31 Mareh 2025 31 March 2024 Nol•$ Fixed assets: Tangible assets Investments 1.186,629 2,924.655 1,268,666 2,784,970 Tolal fixed assots Current assets: Debto CAsh at bank and In hand Totsl current assots 4,395 106,385 2,963 118.424 10 Credltors: amounts falllng due wlthln on• year 7,957 12,548 Not currgnt as$8tsllllabifities} 102,823 108.839 Total net assets 4,214,107 4,162.475 The funds of the charlty= Endowment funds Restricted incotne fund5 Unrestrirted funds 19.893 1,520,334 2,673,880 19,893 1,564,189 2,578,393 15 15 Total eharity funds 17 4,214,107 4,162,475 The financlal statements wèr• approved by th• Board of Tru5toes on 3 December 2025 and Signed on Its behalf by.. Mr M Tyrr•ll Chair of Trust•ès The notes on pages 12 to 16 fom7 part of these accounts. Page 10 P.armiter's Almshouse and Pension Charity IA Charlty gov•rned by Its constltutlon. charlty number 215087) Statement of Cash Flows for the year ended 31 MarGh 2025 Not•s 2025 2024 Cash flows from op•ratlng actlvltlès: Net cash provided byllused inl operating adivities 56.174 53,4&51 Cash flows from Investing activitie$: Dividends, interest and rents from investments Proceeds from sale ol investments Purchase of investments 74,135 77.215 60,000 {125,5301 {30,0001 Net cash provid•d byllus•d Inl Inv•stlng actlvltl•s Change In cash and cash gqulvol¢nts In Ihè rgportlng porlod Cash and cash equivalents at tha beginnlng of the reportlng p•rfod Cash and cash equivalents at the end ol thè rèportlng porlod 112,0391 118,424 106.385 141,8001 160,224 118.424 Note5 to the Cash Flow Statement 2025 2024 1} Reconeillation of net Incom￿(eXPendIt￿re} to net cash flow from operatlng a¢tlvttl•s Net incomellexpenditure} for thé reporbng paliod las pèr thè statement ol financial activities) 100,632 48,196 Adjustments for. Depreciation ch8Tgès (Gains}￿O$s95 on inv85tm8nts Dividends, interest and rents from investments Ilncreaseydecrease in debtor5 Increaselldecre8sel in creditors 33,037 1109,6851 174,1351 (1,4321 {4.5911 33,127 157,9171 177.2151 13971 724 N•t cash provld•d byllusod In) op•ratlng actlvltS0s 2025 2024 2) Analysis of cash and cash •qulvalents Cash in hand 106,385 118,424 Total cash and cash equivalents 106385 Pa98 11 Parmiter's Almshouse and Pension Charity IA Charlty gov•med by Its eonstitution, ch•rlty numbgr 2150871 Accounting Policies for the year ended 31 March 2025 Ba51s of preparation The financial statern8nls have been prepared in accordance ￿th.. al Applicable UK ac¢ounting standards, in¢lLJding Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021,. bl Accountin9 and Reporting by Charities." Stalernent ol Re¢ommended practi￿ applicable to charities preparing their accounts in accordancè wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151- (Charities SORP FRS 1021., cl tho Charitiès Act 2011. Publlc boneflt ¢ntlty The ¢harity rneets th8 definition of a public ben8fit entity undar FRS 102. Going cone•rn The charity's ineome 1$ mainly derived from self%enerated sources. such as rental income, investment income etc. The trustees consider that therè are no material uneertainties about the demand for, and the charity's ability to continue lo prowde. these Services, and accordingly, the accounts have been preparèd on a going concem basis. Income r•cognltion Voluntary income recèived by way of donations and 9ifts is included in full when received, Income from investments. rentsl incom8 and other sources are included when receivable. Expenditure recognition Expenditure is accrued as soon as a liabllity is oonsidered probable. and the arnount ol obligation can be measured rèliably. Longer lerfft liabilities are discoun18d to present valL¢e Tfve charity is not registered for VAT and accordingly expenditure hcludtss VAT where appropriate. Endowment funds Endowment funds a￿ restricted funds which are capital in nature. Peimanent endowments exlst where th8r8 is no power to convert the capital into income. The lunds can reduce where there are decreases in value. either by losses or depreciation. of 8ssets represented by the funds. Re5trleted Funds RÈstricted funds are to be used for specified purposes as laid down by the lunder. Direct and support exp&ndlture which rneets these (xiteria are identified to the fund together with a lair allocatiix) of other ¢o$ts. Unrostrlcted Funds Unraslricled funds are lunds received which have no restrictions placed on their use and are available as 98nèral funds. Tangible Flxed Assets The properties are used for the provision of charitable service5 by the charity and as such are accounted for as Tangible Fixed Assets. subject to depreciation over their expected useful lives. Thèse tangible fixed assets consist of the cost ot acquiring. In 2010, almshouses at Clacton * a total cost. including professional lees, of £892,296. Depreciation 13 Charged in order to write off the asset on a straight line basis over its economic usefLJI life, which is èstimated to be 50 years. The propertEs are let ()ul by tha charity to provide services lo its benef￿larS￿$ and th8refore accounted lor within tangible fixed assets. Investments Investments ar8 shown in the balance sheet at dosing market value. Surpluses or deficits on valuatlon are creditsd or charged to the slalement ol financial activities. Page 12 Parmiter's Almshouse and Pension Charity {A Char5ty gov•Tned by Its Constllutlon, charlty numbgr 2150871 Notes to the Accounts for the year ended 31 March 2025 1 Incoming Tgsourc•s The incoming rosour¢os and Surplus aro attrfbutable to the prlncipal activitles of the charity. 2 N•t incoming resource$ Net incoming resourc8s ars st8ted after ch8iyffrg.- Independent Examiner'5 fees- reporting service Oepreciation - owned assets 2025 2024 3,120 33,037 3,120 33,127 Trustèes. emoluments Emoluments Include salarles, fees, bonuses, expense allowances and estimated non-cash benellts rè¢è4v8blè. All trust9es serve in a voluntary capacity and do not receive payment for their services. 2025 Total 2024 Totsl 3 In¢ome from eharltable actlvltles Unr•strfd•d Restricted mshouse maintenance contributions from Te$id6nls 45,853 45,8 45,853 43,053 2025 Totsl 2024 Total 4 Income from investments unr￿trIcted Rg¥trlct¢d Dividend inwmo on managed fut)ds Int8rast raceived 74,135 74.135 76.679 536 77,215 74,135 74,135 2025 Total 2W24 Total S Expèndltur• on charliablg actlvltles Unr•strlctod Restrlcted Alm$ and pansion allowance Soci81 activiti8S Management of afmshouses Legal and profgssional fees Sundry expenses DeprecialicTrn charge for he year Administration cost Independent exarninerfs fees 17,17S 27.393 17,175 27,393 6.437 40,419 14,700 25,271 15,289 37,362 181 33,127 939 3,120 6,437 40.419 208 33,037 33,037 T12 772 2.400 1,200 6 Staff costs 2025 No remuneration was paid to any Truste8 or their asstsctatès for seNces as a trustee during the year ended 31 March 2025 nor io 31 March 2024. Employees paid in excess of £60,000 during the current year aThJ previous year.. None Page 13 Parmiter's Almshouse and Pension Charity IA Charlty gov•med by Sts constitutlon. charlty numb8r 2150871 Notes to the Accounts for the year ended 31 March 2025 Land & buildings 7 Tangible fixed assets Total As at 1 April 2024 Revaluatitsns 1.568.000 149,0001 1,566,000 149,0001 As al 31 March 2025 1,517,000 1.517,000 Depreclatlon As at 1 April 2024 Charge for the year A5 at 31 March 2025 297,334 33,037 297,334 33,037 330,371 330,371 Nèt book valu• As at 31 March 2025 1.186,629 1,186,629 As al 31 March 2024 1,268,666 1.268.666 8 Investment$ 2025 2024 Market value As at 1 April 2024 Addition5 Disposals Revaluations 2,784,970 30.000 2,661.523 125,530 {60,0(Y)I 57,917 109,685 As al 31 March 2025 Market Value 2025 2024 Cost Detalls of investments Unit$ 2025 2024 Special Range BLK Charities UK Equity Fund A Inc BLK Charities UK Bond Fund A Inc Gen•ral Fund BLK Cha¥￿tieS UK Equty Fund A Inc 8LK Charities UK Btsnd Fund A Inc Widow$ Fund BLK Charities UK Bond Fund A Inc S¢hool & Almshouse BLK Charilies VK Bond Fund A Inc COIF Charities Propertyfund - Income untts Avlva Bonds AJ B811 Inve5tcentre Charity Aecount Tran¥act Investmènts 174,858.708 109,906.483 1.326,434 156,537 1.27S,448 98.677 438.9 216.882 438,996 186,882 1,455.475 332.409 11,041 473 10.616 2.160 581 2,160 581 743.74 1,059 1,083 1,150 1,150 376.07 536 548 657 657 426.953.75 448,173 441,940 673,644 455,000 455.0(X) 690,296 600,000 600.000 154,758 133.865 2.923,173 148,925 148,500 148,500 132,089 2,783,455 125,529 1,989,455 125,529 1,959,455 Bequ9$1 Funds (Restricted Fund51 C E Fox's Be9uest BLK Charities UK Bond Fund A Inc T H Rippon's Bequèst BLK Chari110s UK Bond Fund A Inc J Keeve's Bequest BLK Charities UK Bond Fund A Inc QL*•n Adekaudè R H 8LK Charities UK Bond Fund A hc 103.34 147 151 162 162 134.02 191 195 209 299.89 427 437 468 503.25 717 733 1.482 1,516 1,625 1.625 TOTAL Pago 14 Parmiter's Almshouse and Pension Charity IA Charity goveTned by Its constitution. charlfy numbor 215087} Notes to the Accounts forthe yearended 31 March 2025 9 Debtors- amounts falllng du• wlthln ono yèar 202S 2024 Residents weekly maintenance conlributs'ons paid in arrears Prepayments 2,100 2.063 )0 2,963 4,395 10 Bank and cash In hand 2025 2024 Business Current CMF Account Cash with Bl8ckrock investments 102,618 3,767 82,597 5.827 30.000 11 Cradltors-. amounts fallin9 duo wlth5n one 2025 2024 Operating creditor5 A¢crua15 & deferred income 4,597 3.360 9,427 3,121 12 Endowmentfur￿s 2025 2024 fred Ewin Trust Bolhnal Graèn Pamiiterfs Estate Chanty Bethnal Green Old Peoples Trust Fund 1,809 17,140 19,8 17.140 19,893 Alfred Ewln Tntst Bèthnal Greèn The capital wa5 transferred by Charity Commission to be adrninistered by the charity. The income generated from this fund can be used to furth8r the objects of the charity. This fund represents the capital of this foTmer charity which was wound up in 2000. The capital must be kept intact and the income arising from it can be spent on the 9eneral purposes ol tl charity. This trust was sat up after the war by the late Albert Jacob lo make small grants to old paople in Bethnal Green and to take them on outings. Pamilt8rfs Estate Charlty Bethnal Green Old p￿p1•S Trust Fund 13 Th• funds of the charity.. currgnt year OponSng balance Resotsrcès arlslng R•sources ut111s8d Othèr mov•ments Closlng balance Restrict funds Endowment fvnds Restricted income ftjnds Total rgstricted funds UnrestrffCt8dfunds General lurKIs 19.893 1,564,189 19.893 1,52Q,334 45,853 45. 53 40,708 140, 49,000 2,578,393 4,162,475 74,135 119,988 188,3671 1129,0751 109,719 60.719 2,673,880 4,214,107 14 The funds of the charity: prior year Opening b•lancè Resources arlslng Resourees utlllsgd Other movements Closing balan¢• ReslriGted funds Endowment funds Restricted income funds Tol81 r88trid8d funds 19,893 1,657,774 1,677,667 19,893 1,564,189 1,584,082 43,053 43.053 149.6371 149.6371 187.ChXIl 187.tK]01 Unresthctsd General funds 2.523,612 4,201,279 77,215 120,268 180,3731 130,01 QI 57,939 129,0611 2,578.393 4,162,475 Page ?5 Parmiter's Almshouse and Pension Charity {A Charlty go¥•m￿ by Its eonstltutlon, charlty numb•r 2150871 Notes to the Accounts for the ygar ended 31 March 2025 Openlng balance Incoming resource¥ Resou￿9¥ expendèd Transfers & gainslllosse¥l Closlng balance 15 R8Strlet8d funds: currènt ￿rIOd 8equesl funds Pam)it•rs' Almshouse and Pe4)sion Charity Lirniled 1.516 1,562.673 1,564,189 1.482 1,518,853 1,S20,334 45,853 45,853 40,673 40,708 49,000 149.0001 Openlng balance Incoming restsur¢es R¥sour¢ss èxpendèd Transf•r$ & galnsllb)ssè$l Clojing balance 16 Restrletad funds.. prlor p•rlod Bequest funds Parmiiers. Almshouse and PenS￿n Charity Limit8d 1.538 1,656,236 1,657,774 1,516 1,562,673 1,564,189 43,054 43,054 49,616 49.638 87,000 187.OC4)1 Reslrlcted funds leonllnuedl Projects financed by restricted funds am sUpp￿ted by unrestricted funding where necessary. This occurs where the funding is in arrears or the incid8nce ol expenditure on the project occurs disproportionately at the beginning of Ihe project compared tts the incorne flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfer5 fr