SACKVILLE COLLEGE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Registered Charity No: 220488
Sackville College Financi21 statements for the year ended 31 Marcb 2025 Inforjnation Trustees Mrs R Crowtber Countess De La Warr Mrs A Durrant FCA Registered Charity Number 220488 Principal Address Sackville College High Street East Grinstead West Sussex RH19 3BX Primary Bankers Lloyds TSB Bank PIC London Road East Grinstead West Sussex CCLA Investment Management Limited COIF Charity funds 80 Cheapside London EC2V 6DZ llldependent Esami)Jer Darrcn Harding ACA, fccA, DChA Richard PlaLe Dobson Services Ltd 1-7 Ststion Road Crawley West Sussex RHIO IHT
Sackville College Report of the Trustees The trustees of Sackville College have pleasure in presenting the finrAncial staternents for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of Recommcnded Practice applicable to charities PTeparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Strueture, Governance and Management Sackville College is an almshouse charity founded in 1609 and became a registered charity in 1964. The charity is administered under the charit1¢5 (SaLkville College, East Grinstead) Order 10 March 1979. (Statutory Instrument No. ?84 of1979). The Patron, Earl de la Warr, appoints the Warden of the college and other trustees are appointed by the existing tTUStees. The trustees in office during the yeaT were: Mrs Rosalind Crowther (Warden). Countess De Lu Warr (Assistant Warden), Mr Chri9topher Rolley (Assistant Warden) retired 31 Augu.qt 2024 and Mrs Alexandra DUant. In addition Mr Fra[ Visser was appointed as a trustee on 17 September 2024 and resigned on 27 March 2025. The charity is run by the trustees who meet on a regular basis throughout the year to discuss both day to day matters, such as the welfare of the residents, more significaTJt matters, such &s investment management and capital expeThdÈture. Sackville College relies heavily on the support of the warden, the other trustees. and volunteers who give their tirne to act as guides to show visitors around the college, sell college merchandise and run the college website. Pubjic benefit, objectives and activities The trustees are aw&re of the Charity comls5]Dn'$ guidance on public benefit and have had regard to it in their administration of the charity. The Chsty's objectives are to provide housing for the poor and needy of East Grinstead and its enviTolls and it owns IS flats for this PUTpose. The college welcomed one new resident during the year and at 31 March 2025 had 12 residentg. The college received 409 visitors in total for tours during the summer period of 2024. Unfortunately the annual fundraising Open Day plamied for May Day 2024 had to be cancelled due to the bad weather resulting from the storn]s. Group guided tours remained popular and the collegc h05ted I I tours in the year, with 204 visitors, for a variety of groups both local and from further away. In addition a number of local groupg hiT¢d the facilities for their events. During the year the college continued to run fundraising ev¢nts including concerts, tslks and special Christmas events which weTe well supported.
Saekville College Report of the Trustees (contiuued) Achievements The tnTStees have continued to update flats as ihey become vacant and a]1 Tesident flats are now in good decorative order and adhere to heafth and safety requirements. MttiRtenaDce Work Our 4 yearly Quinquennial Inspection identified a number of building repairs which have been addressed. The less urgent repair5 will be completed before the next inspection. The college is situated in the towTh's conseTh'ation area and subjett to TPO. The trees have been inspected and following the necessary permissions, maintenance work was carried out in the year to 31 March 2025. Service FrO$10n The college residents held a numbcr of social events during the year and regularly meet in the common room foT tea and Coffte gel togethers, fish and chips cvenings and birthday celebrations. Weather permitting the residents uscd the barbeque and garden dining furniknre to enjoy summer evening8 sitting together outside in the beautiful garden. The chapcl services take place on a regular basis during the year. Govtrnance Review The trugtses have revieived the Governancc Policy and Practice and undertaken an active Tole in all aspects of thc college. The Tesident's handbook has been updated. Trustees regularly check the Alms House Asso¢iation websile foT guidance on policies and changes/new regulations. Reserves Policy The general fund is for the (lay to day running of the charity and nornial maintenance and repairs of the building. The extraordinary repair fund is a reserve s¢t aside to cover the cosis of future major repair work to the college and other property b¢longing to the charity, and when required. The trustees reserves policy is to maintsin a general reserve of a minimum of three months norn[ running expenditure plus routine maintenance costs in liquid funds, Cash, bank and investments. If, at the year end. general r¢serves are in excess of this the balance will be transfeThed Anto the Extraordinary Reserve to increas¢ the funds available for future major repairs.
Saekville College Report of the Trnstees (continued) Investment Policy Investments are held for their capital growth and the income is used to help meet the charity's general running costs. Financial Revaew At 31 March 20?5 the charity held investments valued at £305,004 (2024 £292,140) and bank deposils of £174.671 (2024.. £160.673). During the year ending 31 March 2025, the charity had 2 employees (2024= 2) - gardenerlmaintenance person and a part-time almoner. received weekly maintenance contributions of £94.623 (2024.. £76,364), the highest weekly maintenance contribution being £173 (2024.. £148). incurred property management expcnditure of £138,701 (?024- £108,121)- had an overall surplus Df£15,516 (2024.. £26,354) which includes a d¢ficit from social housing activities of £44.078 (2024= £31,757)- Three flats were vacant all year, with another resident trdnsfeNing from one flat to another during the year. Had cvery flatbeen occupied all yeaT, a further £14,646 weekly maintenance contributions would hv¢ve been received. Included In property managcment expenditure is essential major repair and maintenance work of £63,272 (2024= £34,001) of which £49,584 was for major repairs. Risk Management The trustees are aware of the risks the charity may face and have established PTocedures to rnitigale known risks where possible. The trust¢es are Confident Sackville College will fi]Ifil all their financial liabilities and tharity obligations. Mrs R Crowther Warden and Chairman of Trustees Mrs Alexandra Durrant FCA Trustee Date.. 1?"4eèZ{ 2025
Saekville College Independent Examiner's Report to the Trustees of Sackville College I Teport to the charity trustees on my examination of the accounts of the charity for the year ended 31 March ?025 which are set out on pages 6 to 16. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirement8 of the Charities Act 2011 ('the Act'}. I rcport in respect of my examination of the chartty's accounts caTried out undcr section 145 of the Act and in caTrying out my examination I have followed all the applicable Directions giveTh by the Charity Commission under section 145(5)(b) of the Act. llldependent examiner's statement I have completed my examination. I confimj that no matsrial m&tters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as Tequired by section 130 of the Act. or 2. the COUnts do not accoTd with those records. or the a¢counts do not comply with the applicable requirements concerning the forni and content of CoUntE set out in ttLe Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts tylve a 'true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examinalion to which attention 8hould be drawn in thi8 report in order to enable a proper understsnding of the accounts to be reached. Darren Harding ACA FCCA DChA Richard Placc Dobson Services Limited 1-7 Station Road Crawley We9t Sussex RHIO IHT Date..
Satkvtue Colloge (RÈgtstertd Charity number.. 2204881 Stst¢Mtt of Fina]Kj&lAtlivitits lor tbt YtT Ended31 Mar¢b2025 Ujbrtstmted Desig[ld Reslrlttt Totsl Prior year IllcDDTritig Res9ries= DtiOnS and legace5 Charit&ble aGtivities Oth¢rtradingactivit¢5 Inv¢5tThents 32,148 94.623 32.148 94.623 10.18D 20,918 48.306 76.364 6.009 14.909 142.960 14.909 157.869 154.905 RtSOurEe5 ExPeded.. Expendinjre Dn.. 98,775 55,510 154.285 125.940 Totsi 98.775 154.285 125.940 ttincfymel1exttdItWrc) befort iilvtstment gain&ryossts 44.185 3.584 28.965 Net gainslllossesl on investsnents Net iThcomtlleipEndtlure) 44.185 128fj691 15.516 26,354 TraDsftr bttween TdS 15,000 Netmove]Dellt fuJLd8 15J16 26.354 Toil fuDds brought forward 57278 20.424 433.759 Total lunds ¢9rritd forward 86,463 36% 74? 10.424 475.6?9 Th¢ Do*s foThpthofth¢sB fin2n¢ial 51aternEnts
Satkv21Jt College IRegi5trrtd Charity wMmber= 2204881 St4tcmelltof Fi]LaDti31 Activities for Ytfjr Endtd 31 lr(b 2025 (contied Prior YtAr VDrtstTiited D¢sl£J1ed Ro*tritted Note Donations and legacies Charitable aetiTritie5 Other trading adivjte5 Investments 36,g06 76.364 48,306 76,364 5,513 15.607 1?7.798 IiJoo 154905 Resourc£¥ Ex1btDdt-. EKpendilure on. Charitable acttvitiE5 104,846 21,09d 125,940 Total 104.846 21.094 125.940 Net iThcomeJltxptudtturEI befDrE illvestmettt ¥ainthosse$ 22.952 15.4871 11500 28.965 Netgainsl{Iossesl on Invesllxents Net 1COnllexpettt11ItsrtI 2?.952 18.0981 26.354 Trafjsftr bÈtreeJb 15.OCK) Ntt IlloveDkEQti 7.952 6,902 11500 26,354 Ttstal fwnd5 brought forwkrd 49.326 375j09 8,924 433.759 T•tsi ¢arried IoTwXrd 57.278 20.424 460.113 The fDmipart oftbe5¢fiDoncJHlsiatemtttts
SAck'vllle ColleEt (Registertd Charyty nUDiber: Z2O4881 Stattmtstof ID Res¢rvt8 for the Year Ended 31 Marth 2025 Incomt & ExpenditurÈ ReSÈn EKTTaordinary RepaiT$ Rt$£rvt Ide5ignatedl Extr#ordinary Rep¥irs Re$ervt Irestri£i¢dl T(ktsi Brought foTward il Mw¢h ?023 49.326 375.509 8.924 433.759 Surpluslldeficill for th¢ytsr 22.952 15.4871 l L.500 28.965 Transfrrbetwevn fisDds 115,0001 15,000 RevaIuaiion of ll)ve5ttnents Ai31 MaTth 2024 57.278 J82,411 20,424 460.113 SuTrluslld¢fJ¢iii forthe 44.185 140.6011 3.584 TTrnsf¢rberween fvnd5 115,WOI IS.0 Ruation Df inv¢sthnents At31 March 202$ 86.463 368,742 20.424 475.629 ThenDIE5 form part of these financial Ststetnts
Sackville College IRegi5ter¢d Charity numb¢r- 220488) Jlante Sh¢¢t for the Yèar Ehded 31 TrIah 2025 2025 2024 Note Fixed Assets Tengible Fed Assets Investments 1.994 )05,004 3,992 291140 Currellt Assets Trade 2nd other dcbtors Cabh c8h equival¢nts 5.827 174.671 180,498 8,OA 160,67J 168,707 Creditors: amounts f211ing due within one y¢or Net CurréDtAs5ets 10 111.867} (4.726) 168,631 163.981 Totsl Net Assets 475,629 460.113 Reserve5." Income & ExF¢nditurc Rc8Ctvc Extraordinary Repaits R¢Kry¢ Idesignatedl Ex'traoTdinaryRepairs R&wv¢ Irestrictedl 86,463 368.742 20.424 57.278 382,411 20.424 Total Restrves 475,629 Thcse fin2yial st#tements were approv¢d bythe trugEees on ..........8eptemb¢T 2025 aT signed on tbeiTb¢half ty. Mts R Ctowther W8Td¢n Chairnian of Tnjstees Mrs Alexandra Duttant TTYSt¢t The ftsrpart of these fynaocial Statements
Sackvallt Colltge (Registered Charity numbEr. 220488) Not¢5 to the FinanciAI Ststemets for the l'ear Ended 31 M#rth 2025 11 Constitution Sackville College is anA1rn5hou5e Charity, administered un(kr the Chartties (Sackville College. East GrEnstradl Order 1979 (staOry Instru]nentNo. 284 of 19791- The charity is a public bcnBfit entity- 2) Printipal AtcountiDgPoli¢ies 21 Fr¢paratin of the Finantial Stat¢meD15 The fthancial statements have bccn pPared in atcordarKe Hth appliGable atcounting standatds and folloivlhc IrLutnmendation5 in ACCoting & KepTrrting by Charitie&.. Ststement of Re¢ommelld¢d Practice applicable to ¢harities preparin& th¢iT tccoimts ID [dance warh th¢ Financial R¢porting Stgndard applicable in the UK alld Republic of Ireland {FRS 1021 (the cltIeS S()RP IFRS 1021. The charity h¥ taken advant8BC of the provisions in rh¢ SORP for chariti¢s not io pr¢parc a SILteJnent of Cashflows. Tht financial statern¢nts are PTep2rcd in sterlintF whith is Ihr functional of the charity. Th¢ fInaniGal.gtalements havt been prepared under ihe historical cost convention with Ih". exceptionof inVe51m¢nts whith arc included at market va]u4 modified byth¢ ievalu2tion of rtain Se[S. The finanical siarn¢nts have depArted from the Charities IAccDunts Bnd Reports) Regulations 2008 only to the exterAt required to pTrvide a tru¢ and fair view. bl Going Cofftctrn The trustees hav¢ a reasonable expectation that the charity bas adequate resources to continue in 0rational existence fuT thE foreseeable futu, being a period of at leam 12 months af*T the date on which this r¢pDrt and fjnancial statellits. were 8ign¥d. For this re0 it continu¢5 to adopt th¢ going ¢onG¢rn basis these fmancial %trtemeAts. cl Jnvestment IAcome InLOrn¢ from inv¢5trnents is included in th¢ financial stattmcnts of the accounting period in which it is received. d) Heritage A$5tt SaBkville College was constrtjcted behveen 1609-1619 and there is no retOTa of the original cost and rm) valiie attributed thet0. Th¢ propety comprises ]shoLEs¢s, which provide a¢wmmDdation Cor ihe eld¢rly Tesidcnts and ancillary building5 whiLh are used to gBn¢rate income in COrdanCe with the objectives of th¢ charity. The freehold PFopertv T£ regarded as an inaliendble and heTilage asset and th¢ tAtC¢S cDn%id¢r thetc is no valugrion tD¢thod th is appTopriare OT relevant under FR8102 s¢ction 234. Th¢ trustCtr5 utLd¢rtak-e regular rnaiAtrnan work ro ensur¢ Ihe is in good rePr and so consider that the va]ue will not k impaired OV¢T the cominEYEsrs. The buildings and contents arc insed for a surn iu ¢¢88 of £9 million. el Tarbgible Fixed Assets Assets with a purckn¢ price in exce of £500 ar¢ capitaiised. oth¢r ossets are included in the Statement of Financial Activities. Cost include5 ¢OSt5 directlyattribabje to tnaking the asset cwable of op¢raTin8 as intendEd such as the cost of acquiting land and buildings, dtrvelopn)eni costs, inttr¢5t charges on loaas duTing the developTn¢nr period. Exptnditurc on improveinents only bB capitalised wh¢n it 5ults in incremental fututB benefits such &% increasing rentttl incom< ducg maitit¢nancc c415ts or sulÉing in a significant exTension of the useful economic life of the property. The tsngible fix¢d 355ets are depr¢ciatcd on a straight line knis over iheir estimated usBfui lives of: 3 yeaTS- ¢ompulcT eguipment 5 Ye8- fixtUT¢S and fillings IO y¢ars- other equipment 10
Sackville College (Regi$tered Charity nutDber.' 22114881 Note5 to thf FinaJJeial Ststem¢fits fDr tht VÈar Ended 31 March 2(J25 {¢ontihued) 21 Prineipal Aetoullting folieies leontinuedl Invéstments Investments are stated at market vJlu¢ at the bSnee sheet datc. Movern¢nts in tht m2Tket value of iAvtstJn¢nt5 are included iu the Statcment of Financial A¢livitics. Grants and DonatÈons Grants are accounted for on a rnatchiDg basis with 8rants towards mojorr¢pairs bting treated as incom¢ i the zttouDtingperiod in which the related expenditurc 18 inBurretL Donaiions ar¢ counted for when rectived. Donated goods are recognised in1he Stat¢ment ofF1JcIaI A¢tivities where material, byeimatin8the value of the goods donattd and reco8niging both th¢ donation thE cost of the goods. However. it is not Considered practicabl¢to value woluntter time and this is not r¢¢ogn15ed in the Statrrnent of Financial Activities. h) Weeldy Maintenance CtbntributioD$ Wctkiy maintenance contributions 3Te Tecognised the fllLqncia] statemeots inthe aecouMiJJgperiod to which th¢y r¢le. Expenditure ExpenditUT¢ is chargcd in thc financial statements on an accruals basis. Repairs maifttsnartce lo premises are th8rg¢d io currcnt cxpenditure on Bn accruals basis. VAT Sackville Colltge is not Tegist¢T¢d for VAT. ID th¢5¢ fInl staiements, wh¢re appbcable. exiture is shoym inLlusive of VAT. Extr#ordinsry Rcplirs Reservt Ihis rcv¢nu¢ IEseTve represents arnOts set aside to cary out filtute major repairs. Lep¢i¢$ Legacies are r¢cognised in Ihv st&tements at the earlieT of the d¢ when there is sufficicnt evidcncc to PTovide the neces.vry cettai]Jty that a legacy will bc received and the value can be TD¢asur¢d with SU1Clent reliability, or thE date whon thcy arr ac311YreCtjVed, in accoTd8nc¢ witli Pat&ap. 5.29 10 5.37 of the Chariiies SORP IFRS 102). Debtors Cr¢ditors Rtteivable IP8y2blc Within Ofte Year Debtors and Creditors no srated interest rate and teceivable or payable within one year are re¢oTded at transaction price. Any losses titiSiJ5g from impairn)ent 2Te retoBnis¢d in the Staterne]rt of Financial Aciivjtie8 in Tèwurce3 eXnded. Employee Benefrt5 Short-trrni unployee benefits and ¢ontribuiions to defi contribution pension plans are rccolSed zs 2n trxprnse in the period sn ivhsch they aTe in¢urr¢d. Finall£ial In5trutThents The charity has elected io applythe provisions 4Jf Sectitsn I 1'BC Finan¢ial Jnstruments, and Sertion 12 'thher Financi Instrument5 15sues' of FRS 102 tt> all of it5 financial inrunients. Fin8mcci¥l insttument5 are reco8nis¢d in the chatittrs balance sheet ivh¢n the charity becorn¢s party to the ¢ontractu21 provisions of the ts[u[nt.
Sackvlllt Colltge IRegi5terEd Charity number: 22(14881 Notes to thÈ Financial Staiemehts for the Year F.nd¢d 31 Nlarch 2025 {tontiLuedl 21 PriDcipal Accounting Policies (tontillued) Finaneial In$trumettts (contined) Basic fjndncial a85et8 other than Iisted investmcnls, which ilUde ¢h ajtd bank balance5, initially measurEd at transaction price including ttan5acrion costs are subsequently cttti¢d at nOrtISed cost using the ¢ff¢ctivc interest rnethod unless the 2rrÈn8emeni con5titules a financing traT]saction. where the ansaction is measuTed ztthe present value of the ftrture receipig di5COUDted at a m9rket rate of intcrcsL Financial asseis ClSird asr¢ceivable within onc Ir3T are not ortIsed. Basic financiaI assets also includE listed InY¢st¢nt These 8re accounte(I for as described in lfj abov¢. B&%TC financial liabilities: including trade CTeditors, are initi211y recognistd at trgnsactiOAPTi¢e unless Ihe arr2ngement Constitutes a financing transaction. where the debt in5trumeni is me3surcd at the Present value tsf future p8wieDts discountcd at a marlet rate of interest. Financial liabilities classifi¢d as pa)qtble wirhin one are not amortige Trade ¢rediiors are obligation8 to Pay for goods OT Service. thar have b¢¢n acquired in the ordinarycou of 0tiOnS ftojn supplier5. Amount5 payable are clasSifd as currcnt liabilit5es if paellt is due within onc y¢aT oi If nor, they ar¢ presentrd as In-CUrrent liabilTtie5. Trade creditors arc rccognised initially at trtIOn prite and subscquently mea511red at asnortis¢d usingthE effectiye int¢rcst method. pl Judgtment #]Jd K¢y Sources of Estimation alld Uneertainty It 15 the trust¢es' judgtrnent that the land aDd buildin¥ con)prising Sa¢kvJ]Ic CollBgE are a heritage ass¢t. which has not LKen recagnised in the bajance 51iect as noted under Idl above. No material estimates have been madc in the course of prewdring diese fInancial statements. 31 Turnove 2025 2024 Donations atsd LcgAci¢s: DonlLtions legacies 31148 14,328 32.148 Charitsble Activities.. Weeklymaillt¢nance umtribuiions r¢¢ievable 94.623 94.623 Other Trading Attivities= Events & Toom hire Visiiors f.es and booW¢ts Sundry income 7,497 1,495 1.188 10,180 5.559 3,456 100 Inttre5t Receivable 2nd Othtr Income Inctin)e from investtnents Batsk dtwsit interest 14,909 6.009 20,918 15,6Q7 5,513 21,120 Total turllover 157.869 154.905 12
SaEkvillt CoIl¢ge IRegist¢rod Charity number= 2204&81 Notes to he Ftnan¢ial Stat¢mefftts for the Year ERd¢d 31 Marth 2025 Itontinuedl 41 Lxptn41itsre 21J25 21124 Expeftdtture on Charitabl¢ Activitit$ SalatiC5 Water an(f council t Garden. cleninB & household ¢xpenseg T¢lcphone DepieG%ation, tangible fixed $¢15 Extraordinary & general repairs & maintenance Light aj heat Support costs 24,959 31.071 14,889 6,278 2.215 1.741 34,001 17,926 17.819 1?5,940 9,577 2.175 .458 63,272 26,257 15.584 154,285 upport Cost5 comprise or.. 2025 2024 Events costs gwds for resale Printin& I$ge. statiot)ery & publicity Insurance Ex-gratia Panents to T¢sidents ]ndependenr examiner & accountancy fees Sundry. expenses chlgeS PTofe£sional services DonatlDns )ss on diswsal of tatjgible fLxed 28set5 li02 766 7.516 550 2.796 988 251 2.630 20 856 7,964 600 2.676 1.327 230 71 20 15,584 17.819 2025 2024 Inrlud¢d in charitabb activities expetw weTr staff costs.. Wages and sal#rie5 Social securitycosts E]nploytT pensioii CODtribulion8 24.712 30.568 139 i64 247 24,959 Tht ¥4verage number tsf e]nployees durillg the )rar 212024.. 21. No employee rectived to1mEnt8 in &x¢esÈ of £60,000 and there were no key management r$oDcl in cither)r. Nont of the ttusl225 received any ¢moliTments in the year. The warden of Sackville College, Mr% CrDMlher, who is ofihtr trustees. Is requiTed to live on sit¢. The colleg¢ provides the waTden with living zccommodation 3nd pays the re12ted council lax. The trust¢¢5 con5iderthis kncfit WDuld have on esttinated monetary wal of £17,585. 13
Satkvillt Colltge {Rcgistered Charity numbtr: 22(14881 Not¢5 to the Fin3llEiaI Statements for the Year Ended 31 March ZlJ25 Icontinutdl 5) Surp]uslefic1t) for the YeaT 2025 2024 This 15 Statcd after char8ing'. Depreciation, owned tangble fed assets Ind¢pendent examinerg fte Accountancy fees for other S¢TVi¢¢S 61 TaxatioTh Sackville College is a registered charity 9nd is therefoTe exempl from liability to ta%ation on its incorne and glta1 gains. 71 Tangible Fixed Assets 1.458 1,662 ,014 1,741 1,500 1.296 Equipmtnt Cost At l April 2024 Additions Disposals At 31 M}h 2D25 10,722 19481 9.774 DeprECiStion At l April 2024 CharDe foT year EliminRted on diswsal At 31 MaTch 2025 .45S 14081 7.780 IY¢t Book Value At 31 March 2025 1.994 At 31 March 2024 3,992 14
¢kville Colkge (RtfFisterEd Charity Du]nb¢r.' 2204881 Notes tht FiTraneifyl Statrments for tbt Y¢ar EDded 31 Mgrth 2025 ItoThlnutd} 8) Fixed A55et Investments Quoted invesknments Extr20rdinary Rtpair5 11¢5erve Idtgignated Total 2025 Total 2024 Cost at l April 2024 Accumulated income At Jl March 2025 114,908 114.908 932 115.840 114,032 876 114.908 115,840 Mxrket Value 305.004 305.004 299 140 M4rket vaIu¢ ai l April 2024 Accumulated income Revaluation Market value at 31 March 2025 292,140 11,932 305.004 91 Dtbtors 2025 2024 Other d¢b[S Pr6paiThents and accTued LllCOtne 139 5,688 5,827 7,895 X,Q34 101 Creditors, #Mot5 flling due within one year 2025 2024 Tride cr¢ditOTS T&x and socia] security Accruals & defeTr¢d income Sundry creditors 8,955 996 1912 70 4.726 11.867 11} Rctoneiliation of Movement tn Funds Extraordinary Rep8ir$ Re$¢rv¢ Idesignatedl Jntome & ExpEnditure Re5erv¢ Extraordinary R¢pairs Reserve (rtstrittedl Total Brought forward 2024 Sutplusl(Deficit} forthe y Transfer betwtell funds At 3 1 March 2025 J82.411 128,6691 15,000 368,742 57,278 44.185 115.000} 86,463 20.4?4 460.113 15.5J6 20,424 475,629 15
Saekviut Collegt (Rtgistered Charity ntsfflber: 2204881 Notes to the FÈnancial Stat£metks for the Ytllr Ended 31 M2reh 202) (¢ontillueLT) IE) Reconciliation of Mtsvemtnt on Fund$ Iconti]Juedl The Extraordinary Reparrs Reserve 18 mainrained for the purpose of providing for tk extraordin repair. itijprovement orIebuiJding of the colleg¢. Funth have arisen frojntwo Wu[S- investtn¢nts 15ee Not¢ 81 which are designed by the Irustses to This reseTve plu$ c¢rtain donations Icgactes have been treated bythe trustees as restrieted for ule on major Tepairs. DuriDg the year the funds were appiiedto tILe following larger projects.. Fire Alarm Sysm Ti¢¢ surgery work Chimney stack work The tA)dge 25.978 12,750 3,480 49.584 121 Finaneial CoThmitmtnts Ther¢ were no finpllcial co]nmitments as at 31 fvlarch 2025 for major rep&iTS beyond l April 2025 12024.. £NILI. 131 Analysis of Nct Ass¢ts b¢tw¢¢n Funds Extraorditt#ry Repairs Reserve Id¢signattdl Incomt & Exptnditllre R¢rYt Extr*ordiDary Repairs Rtseyve Irtstri¢ttd) Total Fixed Assets Investments cuent Assets CwTcnt Liabiiitics 1.994 1,994 305.004 180.498 111.8671 305,004 20,424 111,8671 At 31 MgT¢h 2025 368,742 86.463 20,424 475.629 141 RelatEd Party TrallsJttlDnS No expenses Mtr¢ reitnburstd tD the trustccs othEr than routine ex5¢5 incuTrcd whilst acting as agents for th2 college. 15) APB Ethi¢al Standard5 In CDmmon Nwith m8Dy oth¢T orggn15&ion5 of QUT size and J)atUTe, we ¢ our indEpendent &x8miners to assist th the preparation of ihe monthly pajroll. 16