HUNTBACH ALMSHOUSE CHARITY ACCOUNT5 FOR THE YEAR ENDED 31 DECEMBER 2024
HUNTBACH ALMSHOUSE CHARITY STATEMENT OF FINANCIAL AcllviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOMING RESOURCES Residents, contributions Bank Interest- CBF 21,342 389 20,726 227 TOTAL INCOMING RESOURCES 21.731 20,953 RESOURCES EXPENDED Water Rates NWBC- septic tank NWBC Council tax Clerk's honorarium Repairs and maintenance Residents, TV licence Almshouse Association Subscription Buildingsnrustees, insurance Exceptional expenditure- Numbers l and 211 and 5} Postage and stationery Sundry expenses 263 244 1,2C(I 1,735 1,200 1,298 15 153 267 1,256 8.273 1,328 4,251 TOTAL RESOURCES EXPENDED 13,OC(J 8,493 NEf INCOMING / (OUTGOING) RESOURCES 8.731 12,460 GAINS ON INVESTMENTS Unrealised gain/llossl on investment fund 3.886 8,506 NET MOVEMENT IN FUNDS 12.617 20,966 Funds balance brought forward 106.221 85,255 FUNDS BALANCE CARRIED FORWARD 118,838 106,221
HUNTBACH ALMSHOUSE CHARrrY STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2024 2024 2023 FIXED ASSErs Investments (note 21 80,283 76,396 CURRENT ASSETS Central Board of Finance deposit Lloyds Bank Petty cash 7,720 30,826 io 7,331 22,488 CURRENT LIABILITIES Other creditors NET ASSETS 118.838 106,221 FUNDS Unrestricted 118,838 106.221 Approved on behalf of the Trustees= Trustee Trustee Date
HUNTBACH ALMSHOUSE CHARrrY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 BASIS OF PREPARATION These accounts have been prepared on the basis of cash received and cash paid in the period, except for the investments which are included at market value. The COIF Charities Investment Fund Accumulation Units are stated at the bid market value at the balance sheet date. INVESTMENTS Units 2024 2023 COIF Charities Fund Market value brought forward 308.05 76.396 67,890 Increase / Idecreasel in market value 3.886 8,506 Market value carried forward 308.05 80,282 76,396