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|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|





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## Kerry Gallagher 

23/09/25 



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||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<br>costs|||15,746||15,746|16,492|
|Charitableactivities:|||||||
|Directcharitable<br>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<br>at1January||471,297|2,313,732||2,785,029|2,677,081|
|Totalfundscarried<br>forwardat31December||288,739||2,656,296|2,945,035|2,785,029|





18 September 2025 



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|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<br>DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).<br>TheCharityconsidersitsboardofTrusteestobeitskeymanagementpersonnel.|Employeenumbersandremunerationofkeymanagementpersonnel<br>DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).<br>TheCharityconsidersitsboardofTrusteestobeitskeymanagementpersonnel.|Employeenumbersandremunerationofkeymanagementpersonnel<br>DuringtheyearnilpersonswereemployedbytheCharity(2023:nil).<br>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|





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|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|



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|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|





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|11|EndowmentFund||||
|---|---|---|---|---|
|||Trustfor|Unapplied|Total|
|||investment|totalreturn|Endowment|
|||£|£|£|
||Asat20November2024:||||
||Giftcomponentofthepermanent<br>endowment|2,623,096||2,623,096|
||Movementsinthereportingperiod:||||
||Investmentreturn:dividendsandinterest||11,242|11,242|
||Investmentreturn:netrealisedandunrealisedgainsand<br>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|



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