| CONTENTS | CONTENTS | PAGE |
|---|---|---|
| 1. | LegalandAdministrative | 2 |
| 2. | ReportoftheTrustees | 3-4 |
| 3. | lndependent examiner's report | 5 |
| 4. | StatementofFinancialActivities | 5 |
| 5. | BalanceSheet | 7 |
| 6. | Notesto theAccounts | 8-11 |
| Charityname | LouisaCottagesCharityTrust |
|---|---|
| Charity number | 220A7A |
| Registeredoffice | EstateOffice |
| QueenSileet | |
| Waddesdon | |
| Aylesbury | |
| Buckinghamshire | |
| HP1"8OJW | |
| Trustees | The HonourableEFreeman-Attwood |
| SJPTrustCorporationLimited | |
| lndependentExaminer | Martinand Company |
| Two BrewersHouse | |
| 50North Street | |
| Thame | |
| Oxfordshire | |
| OXg3BH | |
| Bankers | NatWestPlc |
| HighStreet | |
| Tring | |
| HP23 5AP |
| STATEMENTOFFINANCIALACTIVITIESFO | RTHE Y | EAR ENDED31DECEMBER2024 | EAR ENDED31DECEMBER2024 | ||
|---|---|---|---|---|---|
| Note | RestrictedUnrestricted Fund Fund |
2024 Total |
2023 Total |
||
| €f | f | f | |||
| lncome | |||||
| Donations andlegacies | 2 | 23,000 | 23,000 | 23,000 | |
| Incomefrominvestments | 3 | 37,654 | 37,654 | 34,910 | |
| Totalincome | 23,000 | 37,654 | 60,654 | 57,910 | |
| Expenditure | |||||
| Expenditureonraising funds | 5 | (22,8A71Q0,t7r') | (42,9781 | (38,428) | |
| Total expenditure | (22,8O1 | (20,17r1 | (42,978) | (38,428) | |
| Net gainsl(losses)oninvestments | 56 | 56 | 41 | ||
| Net income/(expenditure)forthe year | 193 | t7,539 | L7,792 | 19,523 | |
| Net movementinfunds fortheyear | 193 | 1"7,539 | 17,732 | 19,523 | |
| Totalfunds brought forward | 3.1 | 4,001 | L39,L04 | 143,105 | 123,592 |
| Total fundscarriedforward | 4,I94 | 156,643 | 160,837 | 143,105 |
| Asat31December 2024 | |||||
|---|---|---|---|---|---|
| Notes | 2024 | 202? | |||
| f | I | t | f | ||
| Fixed assets | |||||
| Tangiblefixedassets | 7 | ||||
| Socialinvestment | 8 | 799 | 744 | ||
| 799 | 744 | ||||
| Currentassets | |||||
| Debtors | 9 | 2,827 | 2,538 | ||
| Cashatbankand inhand | 158,759 | L47,440 | |||
| Totalcurrentassets | 161,586 | 'J"49,978 | |||
| Currentliabilities | |||||
| Creditors: amounts falling duewithinoneyear l-0 | (1,548) | ,617J | |||
| Netcurrentassets | 160,038 | \42,36L | |||
| Totalnetassets | 160,837 | 143,105 | |||
| Capital and reserves | |||||
| UnrestrictedRevenueReserve | 11 | 155,897 | 1,38,4L4 | ||
| RestrictedRevenue Reserve | 11 | s35 | 34L | ||
| Investment RevaluationReserve | 11 | 745 | 690 | ||
| EndowmentFund | 11" | 3,660 | 3,660 | ||
| 160,837 | 143,105 |
| 2. | Donations andlegacies | ||
|---|---|---|---|
| 2024 | 2023 | ||
| f | f | ||
| The Rothschild Foundation | 23,000 | 23,000 | |
| 23,000 | 23,000 | ||
| 3. | lncomefrominvestments | ||
| 2024 | 2023 | ||
| f | E | ||
| Propertyrentalincome | 37,657 | 34,9L0 | |
| 37,657 | 34,910 | ||
| 4. | Net income/(expenditure) for theyear | ||
| 2024 | 2023 | ||
| Thisisstatedaftercharging | t | f | |
| lndependentexaminerfees | 1,323 | L,260 | |
| 5. | Expenditure oncharitable activities |
| xpenditure oncharitable activities | |||||||
|---|---|---|---|---|---|---|---|
| Restricted | Unrestricted | TotalFunds | Total | Funds | |||
| Funds | Funds | 2024 | 2023 | ||||
| f | € | € | E | ||||
| Property expenditure | |||||||
| Wardenfees | 5,807 | 5,807 | 5,659 | ||||
| Repairsand maintenance | 10,000 | 10,536 | 20,536 | !4,390 | |||
| Gardeningandgroundsmaintenance | 2,580 | 2,580 | 2,361 | ||||
| Lightand heat | 344 | 344 | 353 | ||||
| Waterrates | 2,593 | 2,593 | 2,30L | ||||
| lnsurance | 1.,693 | L,693 | r,435 | ||||
| lndependentexaminercosts | t,323 | t,323 | 1,260 | ||||
| Social HousingRegulator | 519 | s19 | 300 | ||||
| Sundry expenses | 7,000 | 583 | 7,583 | 10,369 | |||
| 22,807 | 20,17L | 42,978 | 38,428 |
| 8. | Therewere eightunits under managementattheyearend (2022:8) Investments, at market value |
||
|---|---|---|---|
| 2024 | 2A2S | ||
| f | f | ||
| 6\2023:6)sharesinNational Association of Almshouses; Cominon | |||
| lnvestmentFund(historicalcostfLZ;2027:ft2) | 749 | 694 | |
| PremiumSaving Bonds | 50 | 50 | |
| Marketvalue at31December2O24 | 799 | 744 | |
| 9. | Debtors | ||
| 2024 | 2023 | ||
| f | f | ||
| Prepayments and accrued income | 2,454 | 2,22t | |
| Other debtors | 373 | 317 | |
| 2,927 | 2,539 | ||
| 1"0, | Creditors: amounts faltingduewithinoneyear | ||
| 2024 | 2027 | ||
| f | f | ||
| Other creditors | 191 | 6,299 | |
| Accruals anddeferredincome | '1,,357 | 1",318 | |
| 1,549 | 7,6t7 |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | investment | Restricted | |||
| revenue | Revenue | revaluation | Endowment | |||
| reserve € |
reservet | reserve e |
Fund e |
TOTALt | 20.23 I |
|
| At1January 2024 | L38,437 | ?4t | 590 | 3,660 | L43,L28 | 123,582 |
| Unrestricted surplus for | ||||||
| theyear | 17,460 | 17,460 | 19,141 | |||
| Restricted(deficit) for | ||||||
| theyear | 194 | 194 | 341 | |||
| lncrease in investment | ||||||
| marketvalueduring the | ||||||
| year | 56 | 56 | 41 | |||
| At31December2A24 | 155,897 | 535 | 745 | 3,660 | 160,837 | 143,105 |