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2024-12-31-accounts

Trustees RevdJABlunden
NCraven
KNMaliphant
SJPhillips
CPorter
NLStartup
NPSykes
ClerktotheTrustees CPorter
Charityregistrationnumber 217211
Registeredaddress 212RavensbourneAvenue
Beckenham
KentBR35HG
Bankers NatWest
143HighStreet
Bromley
KentBR11JH
Independentexaminer KerryGallagher
RSMUKTaxandAccountingLimited
DavidsonHouse
ForburySquare
Reading
Berkshire
RG13EU

Kerry Gallagher

23/09/25

Notes Income Capital Endowment Total Total
Fund Fund Fund 2024 2023
£ £ £ £ £
Incomefrom:
Investments:
Rentsreceivable 38 - 38 38
Dividendsandinterest 78,830 9,542 88,372 75,184
Depositinterest 1,407 - - 1,407 1,815
Otherincome 2,310 - 1,700 4,010
Totalincome 82,585 - 11,242 93,827 77,037
Expenditureon:
Investmentmanagement
costs
15,746 15,746 16,492
Charitableactivities:
Directcharitable
expenditure
2 73,043 73,043 79,607
Totalexpenditure 73,043 15,746 88,789 96,099
Netincome/(expenditure) 9,542 (15,746) 11,242 5,038 (19,062)
Transferbetweenfunds (192,100) (2,430,996) 2,623,096 -
Netgainsoninvestments 4 - 133,010 21,958 154,968 127,010
Netmovementinfunds (182,558) (2,313,732) 2,656,296 160,006 107,948
Reconciliationoffunds:
Totalfundsbroughtforward
at1January
471,297 2,313,732 2,785,029 2,677,081
Totalfundscarried
forwardat31December
288,739 2,656,296 2,945,035 2,785,029

18 September 2025

OR THEYEARENDED31DECEMBER2024
2 Directcharitableexpenditure 2024 2023
Supportcosts:
Feespayabletoindependentexaminerfor:
-Accountspreparation 2,520 2,460
-Independentexamination 2,520 2,100
Otherfinancialservices 19 67
Trustees'charityinsurance 363 350
5,422 4,977
GrantstoStGeorge'sChurch
Repairs,renovationsandremedialworktochurch(includingorgan) 13,980 21,241
Insurance 9,756 12,321
Securityandfireprecautions 3,485 1,393
Churchhall 8,052 2,589
Cleaning 2,520 2,625
Grantspreviouslyawardedbutsubsequentlyrefunded (4,143) (2,708)
Legalandprofessional 33,507 37,139
Remembrancecommemorationservicecost 450
67,607 74,600
Othercharitableexpenditure
Bankcharges 14 30
14 30
Total 73,043 79,607
Employeenumbersandremunerationofkeymanagementpersonnel
DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).
TheCharityconsidersitsboardofTrusteestobeitskeymanagementpersonnel.
Employeenumbersandremunerationofkeymanagementpersonnel
DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).
TheCharityconsidersitsboardofTrusteestobeitskeymanagementpersonnel.
Employeenumbersandremunerationofkeymanagementpersonnel
DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).
TheCharityconsidersitsboardofTrusteestobeitskeymanagementpersonnel.
NoTrusteesreceivedremunerationandnoTrusteeswerereimbursedexpensesinthecurrentorprevious
year.
2024 2023
4 Investments
Marketvalueat1January 2,308,810 2,187,815
Additions 299,806 643,013
Disposals (738,871) (649,028)
Netinvestmentgains 154,968 127,010
Marketvalueat31December 2,024,713 2,308,810
HistoricCost 1,655,279 2,000,255

5 Market Market
Investmentproperty- value value
fixedassets 1January Unrealised 31December
2024 gain 2024 Income
£ £ £ £
Fixedassets:
ChurchFieldsrecreationground 375 375
375 375
6 Debtors 2024 2023
£ £
Prepaymentsandaccruedincome 2,569 2,524
7 Creditors:amountsfallingduewithinoneyear 2024 2023
£ £
Accrualsanddeferredincome 5,078 8,730

OR THEYEARENDED31DECEMBER2024
9 Currentyearanalysisofnetassetsbetweenfunds Income Endowment Total
£ E
Totalassets 293,817 2,656,296 2,950,113
Currentliabilities (5,078) (5,078)
288,739 2,656,296 2,945,035
Prioryearanalysisofnetassetsbetweenfunds Income Capital Total
£ E
Totalassets 475,893 2,317,866 2,793,759
Currentliabilities (4,596) (4,134) (8,730)
471,297 2,313,732 2,785,029
10 TheFundsoftheCharity 2024 2023
E
CapitalFund
CapitalFundat1January 2,313,732 2,202,873
Surplusfortheyear 117,264 110,518
Transfers:
Non-cashadjustmentsthroughtheinvestmentportfolio 341
Cashfromsaleof37RectoryRoad 200,000
AdoptionofTotalReturnapproachtoinvesting(note11) (2,623,096)
CloseofCapitalFund,balancetransferredtoIncomeFund (7,900)
CapitalFundat31December - 2,313,732
IncomeFund 2024 2023
£ £
AccumulatedincomeFundat1January 471,297 474,208
Surplus/(deficit)fortheyear 9,542 (2,570)
Transfers:
Non-cashadjustmentsthroughtheinvestmentportfolio - (341)
Cashfromsaleof37RectoryRoad (200,000) -
CloseofCapitalFund,balancetransferredtoIncomeFund 7,900 -
AccumulatedincomeFundat31December 288,739 471,297

11 EndowmentFund
Trustfor Unapplied Total
investment totalreturn Endowment
£ £ £
Asat20November2024:
Giftcomponentofthepermanent
endowment
2,623,096 2,623,096
Movementsinthereportingperiod:
Investmentreturn:dividendsandinterest 11,242 11,242
Investmentreturn:netrealisedandunrealisedgainsand
losses
21,958 21,958
Total - 33,200 33,200
Atendofthereportingperiod
Giftcomponentofthepermanentendowment 2,623,096 - 2,623,096
Unappliedtotalreturn - 33,200 33,200
Balanceat31December2024 2,623,096 33,200 2,656,296
TheEndowmentFundbalanceismadeupofthefollowing assets:
E
Investmentsportfolio 2,024,713
Fixedasset-ChurchFieldsrecreationground 375
Cashatbank 630,502
Accruedincome 706
2,565,296