Charlty Reglstratlon No. 219907 A H BOULTON TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Monelta LLP Chartered Accountants 110-114 Duke Street Llverpool LI SAG
A H BOULTON TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr F P Gopsill Mrs J R Gopsill Mr M l F Gopslll Mr J D Galely Mr S W Gre8nall Charlly number 219907 Independent ex8min8r Monella LLP 110-114 Duke Street Liverpool L1 SAG Investment advisors Campbell Insuran Services Limited 110-114 Duke Street Llverpool LI SAG
A H BOULTON TRUST CONTENTS Page Statement of Twslees responsibilities Trustees report Independent examlnerfs report Slatemenl of finanalal aclSvllies Balance sheet Notes lo the account8 7-15
A H BOULTON TRUST STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2025 The trustees are responsible lor preparing the Trusiées Report and th8 financial stalemenls in accord8nc@ wit applicable law and United K¥ngdom Accounting Slandards (Uniled Kingdom Generglly Accepled Accounting PF8clicel- The law applicable lo charities in England and Wales requires the Iruslees lo prepaie financlal statements for each rin8ncial year which give a Irue and falr view of Ihe slalo ol affaSrs of the A H 8oullon Trust and ol Ihe Incoming resources and appltcalion of resources of the A H Boulton Trust for that year. In prepaling these financial slalements, the Irvslees are required lo.. select suitable acLounling policies and th8n apply them consislenlly., observ8 the welhods and principles in th& Charit16s SORP: make iudgemerils and estlmales Ih81 are reasonable and prudent.. slate whether applicable accounting standards have be8n followed. subjeci to any material departures disclosed and gxplalned in the f1nancial stalem8nls', and prepare the fOn8ncigl statements on the going concern basis unless il is In8pproprial8 to presum8 Ihal the ch8rlty V11 continue in operation. The Iruslees ar8 responslble for keeplng sufflcienl accountlng records that disclose wtlh reasonable accuracy al any Ilme the financial position of the A H Boulton Trust and enab18 them lo ensure that Ihs fin8nclal statements comply ilh the Charities Act 2011, the Charity (Accounts and Reports) Regulalions 2008 and the provi51ons of the Irusl deed. Thèy are also responsible for safeguarding Ihe assets ol the A H Bovllon Trust and henc8 lor taking reason3bl8 slops for the prevenlton and deleclion of fraud 2nd other irregvlarilies.
A H BOULTON TRUST TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2025 The Iruslees presenl Ihelr report 8nd flnancial slatem8nl8 for the year 8nded 5 April 2025. The financial sl8tèrn8nts hav8 been prepared Sn accordance wth the accounting pollclés s81 out In note 1 to thè IlnBncial statements and comply with the A H Boullon Trust's Irust d8Èd. the Charities Act 2011 8nd-Accounling and Reporting by Charities.. Slalemenl ol Recommended Pra¢lice appllcable lo charities preparing Ihelr financial statements accordance with the Finonclal Reportlng Standard applicable In Ihe UK and Republic ol Ireland IFRS 1021 (effective l January 20191". Objectlves #nd aetlvltles The A H Boulton Trust was e8labllsh8d for Ihe purpose ol aiding the erecllon and malntenance of buildings lo be used for preachlng the Gospel and for r81ieving the slck or needy. Financial asslsiance may be offered lo any individtsals who are consldered by the trustees lo be desewing of assistance. Public b&nefjl The Iruslees have pald du8 regaTd lo guldant8 Issu8d by the Charlly Cownmission in declding what activities the A H Boullon Trusl should undertake. Achievement$ and PBrformance Slgnificgnl Bctivilles and achiev8menl$ 8galnst objectives Flnanclal revlew Dtjrfng the year ended 5 April 2025 incoming resources arnoLJnted to £125.306 - compared with £121,770 In 2024. Dlrècl eharitable expenditure amounted lo £77,802 - 1£65,904 in 20241 as the trustees continued lo supporl organ15allons that pmvid6 servlces which acc(brd wllh the objects of the ch2rily. Delalls of granls are sel out In not8 6 to the financial slalemenls. The trustees have contlnued thèir policy of awarding granls lo projects or organlsalions of which they have parficular knowledge or are of local Interest. Further expenditure has been incurred in renovating properties owned by Ihe eharlty. These are used lo provide low-cosl housirig foT eldedy persons, includinq members ol Belhesda Church. The Ituslees 8re salisfied that they have adequate fesouroes 19 conlinue Ihe activilies of th& charity for Ihe foreseeable future. Re8erv&s policy 11 Is the polley ol ihe A H Boullon Trusl that unreslricled funds should be maintained al a level equivalent lo appToximalely iwelve months, expenditure. Tha Iruslees conslder that reserves al Ihls lov61 wll ensure Ihal, in th8 avenl of a significant drop in fundino. Ihey will be able lo continué th6 A H Boullon TFUSI'S current acllvllies while conslderallon is given lo way8 in which addlllonal funds may be rais8d. Thlglèvel of reserves has been malnlalned throughout lh8 year. Inv&stmentpolicy The chari15ls inveslmenl pollcy Is (>ne of capilal growth with moderate rfsk. The trustees aimpd lo aehleve Ihls object IhFough Inveslmenls. Their investment portfolio Is managed by Campbell Insurance Services Limited, trading as RSJ Financial Services, on a discretionary basis. The oveTall value ol the fund al 5 Apill 2025 was £3.431,878 Eompared with £3,461,862 at 5April 2024 alter revaluations and £50,000 wllhdrawn. Financial Risk Managemenl The trustees h8V8 assessed Ihe financial risks faclng the charlty. Significant r¢sks which have been Idenlified are.. loss of income and reserves Ihrough falls in the value of th8 Trust's inveslmenls,. loss of income through error or fraud. Thè trustees are sallsfied that they havè taken all reasonable $18ps lo manage any Ilkely effect on the eharity and are sallsfied th81 sysl8ms are in place lo mlllgatè èxposurè lo the major risks. slru¢lu1 gtsvarnanco and managgmgnt The A H Boulton Trust is a charitable trust, established by deed on 9 July 1955.
A H BOULTON TRUST TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 The Irusle88 who served duiing the year Bnd up lo the dale of $TratUle of the financial slalements w8r¢.' Mr F P Gopslll Mrs J R Gopsill Mr M l F Gopslll Mr J D Gately Mr S W Greenall Recruilment and 8ppoinlm8nt oftmstees The recluilmenl and appolnlment of nèw tDJslees is at the dlscrellon of th6 existing Iruslees. Organisalion81 slruclure The Iwsleès aré appointed by deed and hold tn8elings from time lo time, as they think fil. lo consider applications and lo make rLJles and regulations lor Ihe conduct of thelr meellnos an($ Carrng out thelr duties. During lh8 y89r, thè Trust effected an indemnily Insurance tx)IIEy lor the trustees. The Trustees report was 8pprov8d by the Board ol Truslees. ops TYust88 Date.. 2893Da
A H BOULTON TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF A H BOULTON TRUST I report on the financial stslements of the A H Bou51on Tnjst for the year ended 5 April 2025, which are s8t OLJt on pages 5 10 15. Respectlve respon5ibllilles of Irustees and examlnèr The A H Boulton Trust's Iru5tees are re8ponsiblè lor the preparation of the financi81 slalewonls. The charills Injslees nSider that an audil is nol required for this year under seclion 144(21 ol the Charili8s Acl 201t Ilhe 2011 Acll an(1 that an independent examination is needed. 11 Is my responsibilily to.. examine Ihe financial stslem8nls under $8cliorb 145 01 the 2011 Act., (ill to follow Ihe procedur8s lald down In thé gèneral Directions given by the Charity Commission undèr section 14515llbl ol the 2011 Act- and (iiil to state whether parlicular m8llers h8vo come tc my attention. 8asls of Independent examlnerfs report My examinalion was carried oul 8ccord#nce wllh the general Directions given by the Ch8rlty Commlssion. An examination Includes a review ol the 8ccounllng records kept by the char*ly and a comparison of the financlal slalemenls presented with those records. 118lso includes considèration ol any unusual items or disclosures ITr the rifianclal slatemenls, and seeking explanalions from you as trustees corbcerning any SUGh matters. Th8 procedures undert8k8n do nol provide all the evidence Ihal would be required in an atsdil and consequently no opinion is given as lo whelheF the financial slalements presenÉ a 'lrue and lair view, 8nd Ihe report is limited to Ihose matters sel out in the next slalem8nl. Independent examlner's slalemenl In c4)nneolion with my examination. no mattèr has come to my attention.. lal whlch givès mè reasonable cause lo believe that in any m8leTial respecl the requSremen(s'. to keep accounting records in accordance with section 130 of Ihe 2011 Act., and 1111 to prepare financial stalemeiils which accord wlh the accounllng records and comply with the accountlng rèquiremènts of the 2011 Act.. hove not been or Ibl to which, in my opinion, 3llenlion should be drawn in cvder lo en¥ble è proper understanding of the financial slalemenls lo be ached. Mark Plall FCA 110-114 Duk¢ Slre&l Monella LLP Liverpool L15AG
A H BOULTON TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5APRIL 2025 2025 2024 Notes Income f Charitable activities Investments 38,160 87.146 38,586 83.184 Tolal Income 125,306 121.770 Ex endltLEre on: Raising funds 20,387 18,632 Charitable acllvllies 86,426 73,393 Total rasourcès expended 106,813 92,025 Net (outgolngl resource8 for thè yèar before galns and losse5 On lllvestmonts Net gains on investments fj8,493 147,059) 29,745 227,113 Nfrt movement in funds 128,5661 256,B58 Fund balaneas al 6 April 2024 4,074.119 3.817,261 Fund balancès at S Aprll 2025 4.045,553 4.074,119 The slalemenl of financl81 actlvilies includes all gains and losses reco9nSsed In the year. All income arKI expendllure derive from continuing actlvi11os. All movemenls are In unreslrict8d funds.
A H BOULTON TRUST BALANCE SHEET AS AT5APRIL 2025 2025 2024 Notès Flxed assets Tangible asseis Investments 12 13 551,500 3.431,876 551,500 3,461,862 3.983.376 4,013,362 Current assets eblors Cash al bank and in hand 15 3.623 54,935 2,704 66.712 68.558 69.416 CredStors'. amounts felling du8 Wlthln Qll8 year Othèr creditors 16 6,381 8.659 N&t current assets 62,177 60,757 Total assets lèss ¢urrant Ilabllltles 4,045.553 4,074,119 Thé funds of the A H Boulton Trust Unreslricled lunds 17 4,045,553 4.074,119 4,045,553 4,074,119 The financial 5ts1emenls were approved by the Iruslee8 011 . 31 £JoJ5 Mr F P Gopsill Trustee SJR Tru81ee
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2025 Aeeounllng policles Charlty Informatlon A H Boullors Trusl Is a charitable INSI. 1.1 A¢countlng eonventlon Th8 financial statements have been prepafed in accordance with the A H Boullon Trusl's governing document, the Charities Acl 2011 antl "Accounting and Rèporting by Charities.. Slalemenl of Recommended Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting Sland8rd 8pplicable in Ihe UK and Republic of Ireland {FRS 102)" las amended lor accounting p8ri0ds commencing from 1 January 201gi. The A H Boulton Trust is a Public B8nefil Entity as defined by FRS 102. The A H Boullon Trust has taken advantag8 of Ih8 provisions in the SORP for charitiès applying FRS 102 Update Bulletin 1 nol lo prepar8 a Statement of Cash Flows. The financtal slalem8nts aré prÉpared in sterling, which Is the functional currency Df thè A H Boulton Tru81. Monetary amounts in these fin8nclal slalemenls afe rounded lo the neatest £. The accounts havo b88n prepared under ihe hi51orical cost eonventlon, modified lo Sncludo the revaluation of freehDld properties and lo includ6 investments and certaln financial inslrumenls al fair value. The principal accourhling polieies adopted are sel out below. 1.2 Golng concern Al the Ilme of approving the ftnanclal slatemenls, th6 Iruslees have a reasonab expectAllon that Ihe A H Boullon Trusl has adequate iesourc&s lo continue operational existence lor the loreseeabl& fulure. Thus (he Irusleos GQJltinue lo adopl the going concèrn basis ol accounting in preparing the financial slalements. 1.3 Charitable funds Unreslricted funds are available foT use al th8 dlscrellon ol the trustees In furtheranca of their charitab19 objectives. 1.4 Incominll resources Incom6 is ¥ecognised when the A H Boullon Trust is legally 8ntill8d lo it after any performance conditions have b88n m61, th8 amounts can be measuied reliAbly. and it is probab18 that In¢ome will be receiv8cI. Cash donallons arè Yecognised on receipt. Investment income Is Included in the financAal slalemgnls as il becomes recelvable or dué. Rental income is CTedilod lo incomlng resources wh8n receiv&bl8. Inleresl is credited to Incoming fesourc8s when ¥eceivable. All gains and losses on investments 8T8 taken lo the Slalemenl of Financi81 Activities as they 8ris8. Realised gains and losses on Investments are c8lculat8d as Ihe differen b8iwe8n sales pioeeeds and their opening carrying value or Ih8ir PL*rchase valu& if acquired subsequgnl lo the firsl day ol the ffin8n¢ial year. Unrealised gains and losses are calculated as lh6 diffeience between th8 fair value al the year end and Iheir carrying value. Realised and unrealised inveslmenl g¥lns and losses are combln8d In th6 Stalemenl of Financial Activities. 1.5 Resources expended Resources 8xpend8d are accounted lor on an accruals basis. Costs ol charitable expendilure includ8 both direct and svpport Costs. Governance costs repr898nt bank charges and the costs of accovnling and Independent examinerfs fees.
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Accountlng poll¢le8 Iconilnuèdl Gran18 are aGcounted forwhen paid. Expendllure Is rtscognlsed when incuried. 1.6 Tanulbla flxed assets Tangible fixed assets are Inllially measLtred al cost and subsequently measured al cosl or valuation, net of depreciallon ancl any impairment losses. Fre8hold properlle5, whlch are held as soclal housing stock under the Irust deed, are dlsclos6d as fixed assets and slated 81 valuation. No depredation Is promded on the58 freehold propertles. on Ihe basis that the resldu81 value is nol less than the revalued 8mounl and any depreciation based on th8 eslirnaled useful life would be negligiblÈ. All but one ol the properties wer8 built lor occup21ion by Ihe lype ol beneficiary for which the trust was created and ¥r thus regarded as core lo the tru81. 1.7 Flxed assBt Investments Fixed ass81 invesiments are initially measured al Iransactiori PTice excluding transactlon costs, and ar8 Subgéquènlly meaSUd al fair value at 8ach reporilng date. Changes in falr value 8re recognlsed in nel Incornellexpendilurel for the year. Transaction cosls are expÈnsèd as ineurred. 1.8 Impalyment of fixed assets Al each reporting end date, thè A H Boul(on Trusl reviews lh8 c8rrying amounls of ils tangible assets to determine whelhgr ther8 Is any indication that those assets have suffer8d an impaiimenl loss. 11 any such indication exists. the recoverable 8mounl of the asset is estimated in order lo determine Ihe exlenl of the impairTnent10s8 lif ènyl. Recoverable amounl is thè higher ol fair value less costs lo sell and value In use. In assessing valuè in use, the estimated lulufe cash flow8 ar¢ discounted lo their present valu8 using a pre-tax discount rale thai r8fl¢0ts vrrent market assessments ol Ihe tim8 valu8 of money and the risks specific lo the asset for which the eslimales ol fulure cash Ilows have not been 8dlusled. If Ihe recoverable 2mount of asset Is estimated lo be less than its carrylng 8mounl. the carylng amourbl ol the asset Is redd to ils Tecovarable amount. An Impaimienl loss Is recognisèd Immedialely In Incomel lexpendilufè lor th6 year, unless the relevant ass811s cathed al a revalued arnounl. In which case the impaimienl loss15 Irtsaled as a revaluallon decrease. Recognised impairmernl losses are reveised11, ad only il. Ihe reasons for the Impairment loss have ceased lo apply. Where an Impairment loss subsequently reverses, the carrylng amount of the asset is increased to the revised estimate of ils recoverable amounl. bul so that Ihe increased cgrrying amounl does not exceed the carrying amciunl that wovld have been deteimlned had no impairm&nl loss btsen recognised IOT Ihe asset IT4 prlor years. A reversal of an irnpairm8nl loss Is reeognised Immedialely. unless the relevant asset is carried in al a rov8lued afflounl, In whlch case the r8V8rsal of tha Impairment loss is Irealed as a revaluglion Inc¥ease. 1.9 Cash and cash equlvalents Cash and cash equivalenls Include cash in hand, deposits held al Call vAlh banks. other short.18rm Ilquld Investments wilh original maturities of three months or less. and bank overdraft8. Bg#k overdrafts are shown within borrow1S In currenl liabllilies.
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 A¢¢ounllng pollcles Icontlnuedl I.qO Flnancial Instruments The A H 8oullon Trust has elected lo apply the provisions of Seclion 11 'Baslc Flnanclal InslNmÈnts' and Section 12 '01her Flnancisl Instruments Issues. of FRS 102 to all of ils financial inslrumeni5, Financial Instruments are recognised In Ihe A H Boulton Trtjsl'g bs12ncè 8h8at whan th8 A H Boullon Trust becomes pariy lo the contractual provisions of ihe instrument. Financlal ass818 and liablli118S 8r8 offset, with lh6 nel amounts presenled in the financlal slatemenls, when lh8 is a legally enforceable right lo sel off lh8 recognised amounts and Ihero is an intention lo sellle on a net basis or to realise Ihe asset and settle the liability simultaneously. Baslc Ilnanclalassels Basic financial assets, which Include debtors and cash and bank balan¢6s, Èrè Inllially measured al transaction price Including Iransaclion costs and are subsequently carried al amortised cost using the effectlve inlerest melhixl un18s5 the arrangement conslllules a financing transaction, where the Iransaclion Is egsuied al the pres8nl valu8 of th8 future rèc8lpts dlscounled at a market rale of interest. Financial assets classified as recewable within one year 8re not amortised. Baslc flnanelal IlablllllÈs Baslc flnancial Ilabllllles. includlng CfedSlors and bank loans are initially recognised al transaction price unl8SS the arrangement conslilules a fingnclng tTansaEtlon, where the debl inslrumenl is measured al the present value of the fulure payments discounted al a market rale of inleresl. Financlal liablli118s class1fi8d as payable within one year are not amorlised. Debt InstEumgnts a¥e Subsequently carded 8t amort¢sÈd cogl, uging the 6ffeclive interest rate melhod. TrBde creditors are obligations lo pay for goods or services that have be8n acquired in Ihg ordinary course ol op6rations from suppliers. Amounts payable are classified as currenl liabilities il payment is due wilhin one year or 18ss. 11 not, they are presénled as non-curr8nl liabililies. Trode creditors are recognised initially al transaction pric8 and subsequently measured al amorti88d cost uslng the effective Interest melhcxl. Derecognltlon offlttan¢lal Ilabllllles FlnanGial liabilities ale deTewgnised when the A H Boullon Trust's conl¥Bclual oblioations expire OT are discharged or cancelled. 1.11 Taxatlon The trust is exempt from UK taxation and VAT. Irrecoverable VAT is charged against the expendilure heading for which il was in¢uNe<J. Crltlcal aecounllnu •sllmatès and ludg&mants In the applicallon of the A H Boullon Tws18 accounting policies, the Iruslees are required lo mAk6 judgements. eslltndles and assumplions aboul11)8 carrying amount of assels and liabilities th818r8 not readlly apparent Irotn olhEr sources. The estimates and associated assumptions are based on historical experience and olh8r factors Ihgl are consldered to be relevsnt. Actual results may differ from Ihese estimates. Thè eslimBtes and underfying assumptions Bre reviewed on an ongoing basis. Revisions lo accounting 85tlmat8S 8r8 r8cognlsed in th8 period in which th8 estimate is revised where the Tevision affects only Ihal P8riod, or In the peTiod of th8 r8visiorTr and futur8 periods where Ihe revision affects both curfenl and IL+lure periods.
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 Charllable acllvilies 2025 2[124 Chariiable rental Ineomè Other In¢orre 37,842 318 38,155 431 38,160 38.586 Investm8nts 2025 2024 Inv8slr118nl Income 87,146 83.184 Ralslng funds 2025 2024 ves ment mana 20,387 18,632 20.387 18,632 10-
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Charltgblg aclTrvltles 2025 2024 Property rtspairs Insurance Lotting fees Council Tax Rales Legal & Prolesslonal Power Contribution towards office wsts 54.052 2,315 5.624 269 101 321 120 18.142 2.263 5,772 577 650 62.802 27,404 Grant fundlng ol adivlties Share ol governance costs Isee note 81 15,000 8,624 38,500 7,489 86.426 73,393 Grants payable 2025 2024 Granls lo inslilulions: Charles Thompson Mission Peel- Donation ChrisilTr Cenlre Peel- Donallon Loop 15.000 2,000 20,000 12,000 4.500 15,000 38,500
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2025 Support co$t$ Support Governancè costs costs 2025 2024 Basls of allocatlon Independent examlner Independent examiner- olh8r accotIng services Bank charges Truslees insuianc8 1.500 1,500 1.500 Governancg Governance 5,016 93 2.015 5,016 93 2,015 3.900 124 Govern8nco 1.965 Governancè 8,624 8,624 7,489 Analysed beiween Charitabl8 actlvllies 8,624 8,624 7,489 Gtsvernance cosls Includès payments to lh6 Independent 8xamln@r of £1,500 12024- £1,500). Trustees None ol the Iru51ees {or any peTSOnS ¢onnecled with Ihernl r8C8ived any remuner8lion from the A H Boullon Twsl during the year. How6ver the TTU51 effected a trustee Indémnity policy dullng the year, at a cost of £2,015 -12024 - £1,965). 10 Employees The average monthly number ol employees duTing Ihe y68r was.. 2025 Number 2024 Number Tolal 11 Net galnsl IIOs8e8} on Investments 2025 2024 Revaluatlon of investmenls Gain on sale of investments 1157,2611 110,202 145,446 81,667 147,0591 227,113 12-
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 12 Tsnglblè flx8d #ssèts Tenanted propertles, ulilised for social housing under the objects of the Irusl. Cost or valuatlon At 6 April 2024 551.500 Al 5 April 2025 551,500 Carrying amourEt Al 5 April 2025 551.500 Al S April 2024 551.50D Land and buildings, mprising r&s1d8nal propèrtlÈs slluatÈd In Wlrr81, wlth a carrying amount or £551,500 were revalL4ed al 20 August 2010 by Sutlon Kersh, Ch8rlered Surveyors, Indepèndent valuers not connected wllh the A H Boulton Trusl on the basis ol market value, as tenanted property. Al 5 April 2025, had the T8V8Iu8d 8SS81s b8en carried al hlsloric cost less accumulèled deprecSalion and accumulated impairment losses, their carrying amount woukl have b88n 8pproximalely £46,245 12024 £46,245>. 13 Flxed asset Investments Llstèd Investments Cash In porlfollo Total Cost or valuatlon Al 6 April 2024 Addilions Valuation changes Transf8r Dlsposals 3,351,698 587.819 1157.261) 110.164 1580,7021 3.461,862 7.117 1157,2611 150,0001 170,158 150,0001 623,525 1453.3671 Al 5 April 2025 3,328,889 102,987 3,431.876 Carrylng amount Al 05 April 2025 3,328,889 102.987 3.431.876 AI 05April 2024 3.351,698 110,164 3,461,862 All Inveslmenls are carried al their lair value. The unlisted Inve81mgnls compr156 funds Snvested in the Charilies Official Investment Fund and are included at the bid price. The Iruslees consider that the carrying emounls of financial as881s carrf8d al amortlsed cost in the financial slatemenls approximale to their lair values. 13-
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5APRIL 2025 14 Financlal In$trumenls 2025 2024 Carrylng omount of flnancial assats Debt lTrslruments measured al amortlsed cost Equily instwmenls measured at Cost less impairmenl 875 3,431,876 3,461,862 Carrylng amount of fln?nclal IlabllSties Measured al afflortls6d cost 6,381 8.659 15 Debtors 2025 2024 Amounts fÈlllng due wlthln one yèar: Trade debtors Prèp8ym6nls and awued Sncome 875 2,748 2,704 3,623 2,704 16 Other credltors falling due wllhln one year 2025 2024 Other creditors Accruals and étsferred Income 1,261 5.120 793 7.866 6,381 8,659 17 Unro5tr4Cted funds The unreslricled funds of the charity compd5e the unexpended b81ances of donallons and grants whlch are nol subjecl to specific conditions by donors and grantors as lo how Ihey tray be used, Thes6 Include designatèd funds which h8v6 been set aside out of vnraslricted funds by the trustees for sp8eific purposes. At 6 Aprll 2024 Incoming rasources Rgsources expgnded GaÈns and lossès At 5 April 2025 General funds 4,074.119 125,306 1106,8131 147,059) 4,045,553 Prevlous year-. At 6 Aprll 2023 Incomlng resources Rosourcas xpended Galns and losse3 At S Aprll 2024 G8neral funds 3,817,261 121.770 192,0251 227,113 4.074,119 18 Related party transactlons 14-
A H BOULTON TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2025 18 Related party transgctlons {Contlnuadl Trensacllons wilh related partles DUng the year the A H Boullon Trust enlered Into the lollowing Irar*saclions wilh relaied parties.. DurTng the year, the Tiust effected an Indemnlly insurance policy for the Iwsle8s, al a cost of £2,01512024 - £1.9651. Durtng the year. one property was oc¢upied by a previous Truslee Mr S P Gopslll, the son ol Ihe currenl Irustees, al a rènt or £525 per month tolalling £6,300. During Ihe year the trust ci)nlribuled £120 - 12024 £6501 lo the Dfflc8 runnlng costs incurred by Boullon Cotlage Homes Trusl with regard8 10 8ervicing th8 propertles owned by th8 trust. 15-