Charity règistration number 217609 (England and Walasl
LurrERWORTH TOWN ESTATES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025

LUTTERWORTH TOWN ESTATES
LEGAL AND ADMINISTRATIVE INFORMATION
Trusts
Rev N Byard
W ￿lberts
M Utting
G Robinson
M ￿hrte
J Ackerley
R Coleman
Ch#rlty numb•r (England and Wal•sl
217609
Prfnclp•l addrnss
12 Market Street
Luttewjrth
Leicesleishire
LE174EH
Inde￿ndOnt •xamlner
Cotton$ spe￿aliSt SeTh6ce8 Llfflited
21 High Street
Lutterworth
Leiceslefshir*
LE174AT

LurrERWORTH TOWN ESTATES
CONTENTS
Trustees. rewrt
Independent examinevs report
Stslement of financAal activities
Balance sheet
Notes to Ihg financi81 Slalwnents
6-14

LUTTERWORTH TOWN ESTATES
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 JULY2025
The Iwstees present their annual and ffinanaal statements for the year ended 31 July 2025.
The thn8ndal statements have been preparèd in ￿OrdanI￿ vAth the accounttng pdi(ges sel oul in note 1 to the
financial statèments and CoM￿Y Mlh the Chaws governing document, the Charrt¢'es Act 2011, FRS 102 'The
Financial Reporting Standard applicable in the UK ar￿ Republic of I￿18n(l. and the Charities SORP 'Accounting
and Reporting by Charrties." Statement of Recommended PractKe ap￿ICable to chanlies preparing their ac£oun15 in
accordance wrth the Financial R8porb"ng Standard ap&th"¢8ble In ihe UK and Repu￿￿ of I￿land IFRS 102)"
ObJoctlvo$ •nd aetlvltl•8
Subject to payment of normal èxpenses th8 Charity appli85 as ckne as F•)55ible lo one third of rts unrestricted
income lo the Lutterworth Town Hall Chanty.
The r&$idu8 of tho irrf>Jme from l&tlin9 01 properb'8s in th& town, may b8 gI￿n acC￿l￿1n9 to ne8d, for any
charitable purpose, for the general be￿fil of the Inhabitants of the lo*n of Lutterworth, for whith w0￿Slon 1$ not
8lready mado out of ratas, taxes crf other pubfic lund$.
Our charrty donations are made to the sick. eldewly, infim and disabled. we contact wllh cit￿en$ Adv
Bureau, Leicester Charity Link. and the Iwl hospital and health centre, all of vthom are aware of our commitmenl
lo asw61 the p•opl& of LLttt•Thvorlh are In neèd.
Publlc bon8fit
The Iruslees have due regard to gu*Jance issued by the Chanty Commi55ion in decxling vthat ac*vitie5 the
charity should undertake.
Flnanelal r•vl•w
Res&Thes polKy
Unreslrict8d funds can be used in a¢cort1ancg wth th9 thantab￿ obiocIw85 at tho discrotion of the trusl8es. It ha5
nol beon the policy of the charty to accumulate synfficant unrestricted furHls. as rt is the aim ol the charity lo
dislnbule 8nd invest monies for the benefit of the inhabrtants of the town who are in need. However. the trustees arg
very aware ol Ihe need lo relain a certain amount ol mow to meat th8 n8eds ol urganl repairs to tho proport18S
and lo maintain a reserve for workn'ng capital requirements. All ¥urplu$ fiFnds have, over the years, been fein￿8ted
8nd VMII continue to be go, when and rf available. There are no designated funds.
The reslrKted fun(Js WIN be used for the purpose for whith they were given.
Investmentpolicy
The trustees policy is to maintain rts wopertw lo a high standard. in order lo prowde an income for the tharty. Any
Surplus is inve51ed in Interest bearing bank ac(y)unts, makn.ng more income awailable for Carrying out Ob￿cts of
thè charity.
Maiorrisks
Any changes in legislation re9arding our properlies are advised to us by our Managing Agènts, and a watching brièf
is kept on our buitdings.

LUTTERWORTH TOWN ESTATES
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
Stru¢ture, gtsvtrmance and management
In 1214 an annu?1 Market Chartw was granted by King John. and in 1414 a wee￿Y Markèt Chartèr was grantèd by
Henry the 5th. Both ol these allowed the street vendiThJ of horsès. ¢8ttle and other g(KJds. Alm$ House$ and House
for Industry helped the poor but in the 16th century, in Ihe 43rd year ol her rèign. Quèèn Elizabèth made a slalule
lor (*aritsble purpose5. and the regulation of the administrab.on ol properb"es. funds for ¢h8rilable purposes and
maintenar￿e of the highways. At this time the Town Fathers came into being. LutteNthh grew and the activthes of
the Town Fathers are wel recorded in minute books. propety purc*as8s. donab.ons and bequests. Detsils are held
in the record offices.
th the govemment ststLrt•$ in thtr 19th century 11834 Poor Laws) Charrty Commissioners brrNJghl in sc*ernes
estsblished by law, and Lutterworth Town Estates Charrty came into being a3 11 work8 lTrJay.
The present scheme wa8 sea*d on Ihe 5th of Seplembèr 1983. and regulale(I by 8 stheme of the Chgrity
COMMI￿10n￿ls of the 12th January 1972 and in the mattw of the Charilio$Act 1960.
The Iruslees who 8eNed during the year and up lo dale of signature of the [￿an(JaI statements We￿..
Rev N Byar
W Zilberts
M Utting
G Robin$on
VVhit8
J Ackerl&y
R Coleman
Mr8 C Harrington
IR8*gned 18 Fe￿ 2025)
Org&rri$8lion81 stniolu
Luttgrworth Tthvn Estates Charlty Is admlnlstered by 9 Trusto08. thesè arè appoinltd as..
One Exwofficio Trustee. Tho R8caor of th• E¢X￿$18S1k8l Parish of Sl. M¥ry Luttorworth.
Five Cc*cy8rativ8 Trustees elecled for a peritsj 015 years.
Three Tw81e88 nominalgd by the Town Council for a peiiod 014 years.
thln this there is 1 appoinled Trustee. Mr5 GerahJin8 Ro￿￿on as Chair.
Tho tru$l•e$ u1￿130 the 8ervir* of a Se114M￿Oyèd bool*egper. Th¢ propertkn #re managed by ¥ prof&s$ional
managing agent. Trnjslees 8xpen￿ are very low and orty Invofve refuThJ$ of monles spent on telephone calls mad&
on behaff of the chanty.
The trust￿. report was approved by tha Board of Truslees.
G Rob￿sOn
Tru8t••
Date..
ZL

LUTTERWORTH TOWN ESTATES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF LurrERWORTH TOWN ESTATES
I report to the Iruslees on my exambnation of th& financAal statements of Lutterworth Town Eststss (the charity) for
the year ended 31 July 2025.
Re¥pon8lblliti•s and b*$l$ of Y•port
As the Iruslees of the charty you are resKthsible for the preparation of the finanaal statements in accordance wth
the requirements ol the Charities Act 2011.
l Teport in respect of my examlnallon of lh& tharity's financaal statements ¢arri8d out und&r sg¢lion 145 of the
Charities Act 2011. In carrying out my axamination I have followed the Directions gNen by the Charty Commission
under $e¢tion 145I51(bl of the Chanties Act 2011.
Indepeftd•nt •xaminerfs *tstem•nl
Your attention is drawn to Ihe lact that thè chaiity has prepare¢l the financial ststemenls in aceordance with the
relevanl version of th¢ Statement of Re￿ImMen1)ed practs.￿ applicable to tharities preparing their financial
statements in accJ)rdance with the FinanrAal Rtrporting Standard applicabl6 in the UK and Republic of Ireland IFRS
1021 in preference to the Accounting and Reporting by Charrties". Ststemenl of Recommended Practs'ce issued gn 1
April 2005 which is referred lo in the extant regu￿1￿}nS but has now been withdr*4n. l understand that this ha8
been done in order for the finoncial staternenls lo prowde a Ifue and fair vi9w in aC￿rdanc￿ with UK Ggngrally
Accept•d Accounting Pwti¢o.
I have ¢ompkgt8d my examination. l o)nfimi thal no mattèrs havè ttjmè to my atteniitsn In connèctlon ￿th the
examlnation giving me cause to believe that in any malerial respe¢t.'
accounting records We￿ not kept In ￿speCt of the charity as requlred by 5eclon 130 of the Charttles Act 2011.
the financ4al 5talemenl$ do not acK•Jfd with those re¢ords," or
the finanu81 statements do not r￿pty ￿th th& appluble wuirements cnnceming the forrn and conlenl ol
finanelal statements sel out In the Charities (Accounts and Reportsl Regulations 2008 other than any
requirement that Ihg financial statements gNe a Irug and fair which is not a matter considered as part of
an independent examination.
I have no concorns and have Come across no olheT matten in conne(*on wrth the examination lo which attention
shoukl be drawn in this report in order lo enabb a proper understanding of Ihe finanox31 slalements lo be reached.
W SmArt
For and on behalf of
Cottons Sp•clali4t Servlce¥ Llmltsd
21 High Street
Luttprworth
Leicestershire
LE17 4AT
Dale..
5 March 2026

LUThERWORTH TOWN ESTATES
STATEMENT OF ANANCtALAcTrvmES
FOR THE YEAR ENDED 31 JULYZ025
fvThJ¥
nd•
2028
lur4J•
2024
fvnd•
2a24
26
X24
2024
Incorn• Irorn..
Dwllmi•id
•s.n9
2.110
,709
2.01P
Tot￿ Ih¢Om•
•3.013
•3,013
Exp•ndhur•on'.
38.371
31.371
Ch•nt4b**CM
19,e80
19,
1ai•l •*p•￿t￿l+
8e.299
Ndi
275.LVJ 275.DX7
N•t
275,ttTh) 27ThX•
1trJ
IDJ
FuThY bqknc•i41 l Awu*2024
1.?￿.8￿ f•.217 t2n.W 1,7IAI.$27 325.0ty)
2J•217 2,272.7U
Funth at*1
014317 2.645.C
1.70D,Wf 325.DLV
XJ•,217
,2Y2.044

LUTTERWORTH TOWN ESTATES
BALANCE SHEEr
AS AT 31 JULY 2025
2025
2024
Notss
Flx•d a88•ts
Tangible assets
Investment property
13
14
28,327
2.340,000
19,370
2,C65,000
2,308,327
2.084.370
Currènt assets
Debtors
Cash al bank and w) hand
16
8,851
205,102
186,915
193,481
213.953
Credltors: amounts falllng dug wlthln
ono yèar
16
113.756)
125.479)
N•t ¢urvont a880ts
179.725
186.474
Totsl us•t• l•#* ¢urrent Ilabillll•s
2.548.052
2.272.844
Th• fund• ofth• ¢h•rlty
Endowment funds
Reslncted In￿Me funds
Unreslrided fundj
17
514,217
325,0
1.708,835
239.217
325,000
1,708.627
19
2.$48,OS2
2,272.844
The finanual slalemenls were approved by the Iruslges C￿ ........... .............
G Roblnson
Trust•e

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY2025
AccoUn￿ng po4cles
Charity Infomwtlon
Lutterworth Town Estates is a registered tharity lo woyide r&lef of need for the residents of LutteThvorth.
1.1 Basi• of Ple￿ratiOn
The financial statements have been prepaied in al￿rdanCe wrth the charity's goveming document. the
charit￿$ Act 2011. FRS 102 'The FInanri￿ Reporting Standard applicable in the UK and RepublK of Irdand"
and the Chantiés SORP "Ac￿Unting and Reporting by Charrties.. Statement ol Recommended Practice
applicablg lo charikn'e5 preparing their acccyjnts in accordance with the Financial Reporb'ng Standard
8pplicable in the UK and Republic of Ireland IFRS 1021". The charity is a Public Benefft Entity as defined by
FRS 102.
The charity has taken advantage of the pro¥isp)n$ in the SORP for ¢hwil￿$ not lo prepare a statement of
Cash Iltsws.
The financaal statèments have d8p8rted from the Ch8ribe$ IA(£ounls and Reports) Regulation$ 2008 only to
the extent required Io PfOVMle a true and lair vivw. This d8partur8 has involv8d lollowing th& Statement of
Recommended Praclice for thanties apptying FRS 102 rather than the version of Ihe Statement of
Recomrnended Praclice whKh is refeffgd to in thg Rogulations bLbt whic* ha$ &n¢8 b90n withdrawn.
The financial stal$m&nls are propared in 81erfiDg. whic* is the functional oJ￿neY of tha d)arty. Mon8tary
amcyjnts in thesa finan¢ial slalemenls are rounded lo the nearest £.
The financial slalemenls have been prepared und&r th& hislorKal cost c￿VentIon, modified to indude tho
valuation ol freehold properties and lo indude investm8nl properbes and certain financAal instruments al fair
value. The prindpal accounting poIKi8s adopted are ￿ oul bo1N.
1.2 GoSng con¢•rn
Al the lime of approwng Ihe financial slat8menls. the Iwslees have a reasonable expe¢t*ion that thè charity
has adequate resources lo continue in opeiauonal existence for the foreseeable fulurfr. Thus the Iruslees
conbnue to adopt th• goin9 con￿rn basis of o¢¢ounting in pr*paring the finaneAal ststomants.
1.3 Charttsbl• fund*
Unrestricted fijnds are available fry use al the di8crntion of th& try81ee$ in fur1hera￿ of their tharitable
objeelw￿.
Reslricled funds are subjgd to spacific condibons by donors or grantors as to how thay may ba usod. Tho
purposes and uses ol the ￿$tricted funds aré sat out in thè notès to the financ481 statements.
Endowment fur￿$ aré subject lo conditws by donors Ihat Ihg capital musl be maintained by th
charity.
1A Incom•
Bank interest is induded in the SOFAon r•c•ipt.
Property and markel income is recognised as rt fals dug to be rerrit49d by the charity, ￿)w￿er no acxounl is
tsken of amwnts receivabk but Th)t invoKed at t￿ year end.
Grants and donations ar• rec￿anIsed when r￿l￿d by the d)arity.
Other Income Is includ&d when ￿1ve1 by the c*aiity.

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
A¢¢ounting policies
(Continued)
1.6 Expenditure
All expenditure is a¢count8d for on an basis. Al expenditure whith is direcaiy related lo the provision
of admce services is induded within charrtable expendrture. Other costs habE been shown 88 the cost of
alkjcaled management arNI administrab'on.
1.8 Tanglbl• flx•d a88•ts
Tangibl8 fixed assets are inibaly m8awTed al cosl and subsequenlly measured al LY)sl or valuation, nel of
d8preciabon and any imparmenl losses.
Oeprecialion is ￿c￿gnIs9d so as lo wnle off the cost or valualbon of a55ets less their residual values over their
useful on the following bases..
Fixtures and fittiws
1$% Tfjduung balance
The galn or loss 8ri9ing on the disposal ol an asset is detennined as tha dnlerence bthoen the sale prc¢ged$
and the Carr￿n9 value of the 858et, and is recognised in the 5talèmenl of finanoal acliwts"e8.
1.7 Invo•tmont prnp•ty
Investment property, which 6$ pro￿rty held to eam rentals andlor for capital appreciation. 1$ initially
r8cogni5ed 81 co81. which indud85 the purthase ￿$t and any dir•ctty attributabl8 oxp8ndilure. Subsequently
it is measured al lair Value at the reporb'ng end dale. The surF4us or defiot on revaluat￿Tr is recognised in
profrt or lo$$.
1.8 Impalrni•nt of fix•d a•s•ts
At tsach reporting end datè, the charity rw•ws thè earrying •m￿nts of its tangible assets lo delemine
whether Ihere Is any Ind￿allOn thal those assets have suffered an impaimient loss. 11 any such indication
exists. Ihe recoverab￿ amount ol Ihe assel is eslimaled in ordeT lo delemiine the ext&nl of the impaimenl
loss Irf any).
1.9 Ca•h and Cash •qulval•nts
Cash and cash equivalenls indude cash in hand. deposits held at call with banks. other 8hort-lemi liquid
inve8lmenls wth onginal matunlies of Ihr89 months or1088. and bank overdrafts. 8ank ovgrdr8fts arg shown
within borrLwing$ Sn current Iialy"hb"es.
1.10 Flnanclal I￿trUments
The chanty has elected lo apply the provigons of Sacb'on 11 '8asic Financial Instruments, and Sectun 12
'Othgr Finanoal Inslrumenls Issues, ol FRS 102 lo al of its financi41 instruments.
Financial instruments are Tecognised in tha tharity's b4lanc* sheel when the d)arrty b9comgs party lo th8
contractual provisions of the instrument.
Finana81 assels and liabilrties are offset, wrth the I￿1 amovnts presented in the financial slalemenls, when
there Is a legalty enforceab￿ rigm to sel off the re¢y)gnised amounts and there is an intention lo settte on a nel
basis or lo realise the asset antl sethe the liability 5imthneously.
Basic financial assets
Basic financAal assets, whKh include debtor5 and cash and bank baEantxs, are initially measured al
transaction price induding transactKbn Ixssts atKI are subsequenlty camed at arnoTtisèd cost using the effective
interèst method unless the arrangement ￿ns￿tUteS a finanong transathon. where the transaction is
measured at the PTesenl ¥￿ve of the future receipts discounted at a market rate of interesL Finan¢ial assats
da56ified as r¢GeiYable within one year are not amorti59d.

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 JULY2025
ountlng policl•s
{ContInts￿l
Ba$le finan¢i•lliabiliti
Basic finanaal liabilth'es. induding creditors and bank loans ara rnilla1￿ rou)gniwl at Ir8n8action unless
the arrangement ￿nstitUteS a financing transaclion. whèrè the dèbt instrument is mèasured 81 the present
value of the future payments discounted * a market rale ol interest. Financial liabililv&5 dassffied as payable
vrithin one year are not amortised.
Debt instruments are subsequèntty carried at afflortk%ed cost. using the effective interest rale method.
Trade creditors are obligalions to pay for gocxls or sèrwcès that h8ve been wuireil in the ordinary cixJr$e of
Opgrations from suppliers. Amc4Jnls Payab￿ are dassffied as txjrrenl li8bilib.es il payment is due within tsn6
year or less. If not, they are p￿sented as nor￿c￿￿ent liabilities. Trade uedilors are recognised initially al
Iransaclion wice and subsequently mèasured il amorlised ojst U8ing the effective interest method.
D•rncognltlon Olfln•n¢l•1￿bl1•tI
Financial Irabilities are dereco9nis¢d t*A)en th& ¢hariWs ￿ntrodUal obligatb)ns expire or are diKharged or
cancelled.
Crlllcll accountlng g•tlmatos and ludgem•nts
In Ihe application of the tharty's accounling policies. the truslees are required to make judgements. eslimales
and assumptrons about Ihe ￿r￿n9 amount ol assels and liabilrtiès that a￿ not readily apparent from other
sources. The eslim8les and associated as5umption5 are based on historical experk8nce and other factors that
are ¢Dnsidtsred lo be relevant. Actual resuhs may dTrffer from these estimates.
Thg &Stimatg$ and underlwn9 assumptK¢ns a￿ rewewed on an onwng basis. R&vi$ions lo a¢￿UntIng
08timat&s arg racognisad In tha period In the e$limate Is rgvised wher& thè revision affacts only that
period, or in the p￿r￿d of the rthsion an¢J fulure period$ where th& WI￿On affects both wrrent and futur8
periods.
Incom• from doMtlon• •nd l¢g•¢l
Unrn*trlctsd Unrn•trlctfrd
funds
funds
2026
2024
Donations ¥rd grfts

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
Income from ¢haritable *ctfvlties
Unmtrlctsd UnrwJtri¢tèd
fund¥
funds
2025
2024
Property income
Markèt Incomo
High Poinl in¢om8
87.051
2.110
21.39)
62,168
2,605
21,016
90,551
85.789
Incom• from Inv••lm9nts
Unr•#trlct•d Unrestrlctsd
lundB
fund¥
2025
2024
Interest recoivable
2,610
Town Hall Grnnt
Town Hall Charity Grant- 2025.. NIL {2024.. NIL).
Exp•ndlturn on ralslng fund
Unr••tiiet4d Unr•strict•d
fvnd•
nds
2025
2024
Propety repairs
Propety insurance
Market tolls
High Point repairs and miscell8n¢ous expenses
High Point heal and light
Management charges
Other trading actiwts.es
Market wages
Depre¢iab"on on aquipmenl
11,865
2,417
254
2.634
6.401
40.330
2.502
254
2.501
7.368
3,236
3.061
1.020
3,599
Total costs
38,371
68,639

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
Expenditure on Charitab￿ adiviti
2025
2024
Dlrect costs
Grants- Indi￿d￿￿$
Bookkeeping and ￿MIniStration
Off￿e telephone and intemet
off￿& adminislralion expenses
Sundry èxpenses
Offic8 rales and wat&r
Office insuranc•
Office hoat and light
Off￿e repairs
Professional fees
32.481
6,104
635
2.945
39
289
218
914
1,795
4,272
691
1,989
257
999
1,448
4,877
6,423
50,094
18,619
Share of support and go¥•rnanc• ¢o•ts1$o• nots 91
Govemance
3.041
19.680
Analysis by lund
Unre$lri¢ted funds
19.860
Support co•ts allocat•d lo •ctfvltl••
2(126
2024
Govemance co813
4,340
3,041
Analywl b•tse•n:
Managem•nl and administration
3,041
10 14•t movement in funds
2025
2024
The nel movement in lunds 18 Stated aftor tharginglltxtditingi..
Fè8s payaW lo the c*ariVs independent &xaminw.
- for the independent examinalion of the charivs financial siatements
- for other finaneial seThices
Depreciation of ownèd tsnyitrAe frxed &8sets
soo
3,840
2.541
3,599
io-

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 JULY2025
11 Gains and loi$es on investments
Endowment Endowment
fundg
funds
2025
2024
Gainslllossesl arising on-.
Rtsvaluat￿ of inveslm&nl properb'es
275.0
12 Taxatlon
The charity is exempl from laxati¢)n on ils actiVbtye$ because al its incc¥ne is applied for charitable purposes.
13 Tangiblo fixed a￿•ts
FlxtufoB Jnd
Imln
Co¥t
Al 1 August 2024
Additions
28,833
13,￿1
Al 31 July 2025
42,594
D•prn¢latlon and Impalm)•rt
Al 1 Augu512024
Depreciation c*8r9ed in the year
9,263
5,004
At 31 Juty 2025
14,267
C•rylng •mount
Al 31 Juty 202S
28.327
Al 31 Juty 2024
19.370
14 Inv••lm•nt pyopgrty
2025
Cost and fair v41ue
Al 1 August 2024
Nel gains tsr kjsses through tsir Value adjustments
2.C65,000
275.000
At 31 July 2025
2,340,000
Induded within the abo¥e is Inveslrnent properfies nwsur8d al valuation of £2,290,CK)O.
11

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 JULY2025
14 Invèstment property
IContinu¢d)
In resr*d of the investmènt properties held at vabjalion. the cx)st and ojmparable c9rylng amount
that would have been recognised Jf the investment prope￿"e5 had been carfied under thè h(stori¢ cost
model are as follows."
2025
2024
Cost
Accumulat￿ deprouation
1.775,783
1,515.783
Carrying amount
1,775,783
1,515,783
15 Debtor¥
2025
2024
Amounts falllno du• wllhln on• Y￿r.
Tradè debto
Prepaymen18 and accrued incom¢
2,158
4.410
4,724
4,127
8,851
18 Credltor¥: amounts falllng duo wlthln on• ￿r
2025
2024
Other tsxalion and 80ual security
Trade creditors
Awu81g and detsrred income
B03
740
12,213
1.392
24.087
13,756
26,479
17 Endowm•nt fund•
Endowment fijnds r9presenl a8sel8 which musl bè held pennanenlty by tho charfty. Income ari$lng on the
endowment funds can be used in accordance with the objects of the ¢harty and 1$ Induded as unre$lri¢ted
income. Any caprtal gains or h)sses on the 8s8ets lom part of the fund.
At 1 August
2024
Galn• and
Io*Ms
At31 Juty
2026
Pomianont •ndovfflwnts
Rèvaluation reseNe
239.217
275,CK)O
514.217
12-

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
17 Endowmtrnt fund•
(Continued}
Previou¥ year:
At 1 August
2023
Gains and
los$es
At 31 July
2024
Pwm•rtènt •ndowm•nts
Revaluathon reserv8
239,217
239,217
18 R•strlctsd fvnds
The restricted funds of the chanty comprise the unexpendgd balances of donab.ons and grants held on trust
subject lo speufK conditions by donors 8$ to how they may be used.
At 1 August
2024
At 31 July
2025
High Polnt bulld costs
Heritage Centre and Lutterworth Museum frt-oul
Continuin9 dgvelopmenl of tha Heritsg6 Centrg and LutteThvorth Museum
250.000
30,000
45,0(MJ
250.￿0
30.WO
45,000
325,000
325,000
Pr•vlou• year.
At l Augu•t
2023
At 31 July
2024
HSgh Point budd costs
Heritage Centre and Lutterworth Musèum fft-out
Continuing d•veknprn¢nt oflhe Hontage Contrè and LutteTrvorlh Museum
250.￿0
30,CKJO
45,(￿0
250,000
30.000
45.000
325,000
325.000
Hlyh Point build ¢Mts
These grants were recei¥ed from Harborough Districl Counc41 and GLP as ￿ntribUtionS towards the
conslrUcl￿n of an improved and modem museuffl buikjing in Lutterworth try￿n centre.
H•ritsg• C•nh and LUttO￿orth Mu#•um fft-out
This grant wa5 received frorn GLP to help frjnd Ihe inlwnal fft-out and d&velopmenl of thè H8rltage Cenlro
space and Luttetworth Museum.
Contlnulng Developm•nt ofthe Hor￿￿ Centre and Lutt¢mrfh Mus•um
This grant was received from GLP lo fund Ihe employment of professional resources or an individual. who wll
hèlp develop, 18und) and estsblish a suStaina￿e opetaling model lor both Ihe Herrtage Centr8 and the
Luttefworth Museum.
13-

LUTTERWORTH TOWN ESTATES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY2025
19 Unr￿trIcted funds
Thè unr85tricted hjnds oflhe charity ojmwise the unexpended balarKes of th)nations and grants which are
not subjèct to spe¢tfi¢ ￿n￿rt￿n$ by donors and grantors as to how they may be used. These include
désignal8d funds whid) have been sel aside out of unre5tricled lunds by the trustee5 for 5pecAfic purwses.
At 1 August
2024
Incoming
resources
Ro$our¢•s
expended
At31 July
2025
Gèneral fiJnd#
1.708,627
93.013
192,8051
1,708,835
Pr•vious Y￿r.
A¢ l Augu•t
2023
In¢oming Rosour¢
our¢
expènded
At 31 July
2024
General lunds
1.708.527
88.399
(88,2991
1.708,627
20 An•fy•l• ol net a•J•ts betwwn fvnds
Unr•sblct•d RMtrl¢t•d Endowment
fund8
nd8
funds
2025
2025
2025
TotAI
2025
At 31 Juty 202S:
Tangibb a5set8
Investment propertles
Currtnl assetsl0iabilrt￿$)
28.327
1.545.783
134,725
28,327
2,340.000
179.725
280.CQO
45,OLTh)
514.217
1.708,83S
325,￿}
514,217
2,548,052
Unrnstrlct•d RMtrICt￿ Endowm￿1
funds
nd¥
fund¥
2024
2024
2024
Tot•1
2024
At 31 Juty 2024:
Tangible assets
Investment pro￿rti1$
Currenl assotsllk8bilrb•8)
19,370
1,545.783
143.474
19,370
2,C65,000
188,474
2BO.C
45,¢)CKI
239,217
1.70B.627
325,0￿1
239.217
2,272.844
21 Relat•d party trnn•a¢tion•
There were no disdosat4e related party transacthjns during the year {2024- none).
14_