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2024-12-31-accounts
|
Pages |
| Reference and Administrative Details of the Charity, its Trustees and Advisers |
1 |
| Trustees' Report |
2 - 4 |
| Independent Examiner's Report |
5 |
| Statement of Financial Activities |
6 |
| Balance Sheet |
7 |
| Notes to the Financial Statements |
8-15 |
| T rustees |
Mr N B Berry, Chairman |
|
Mrs M Pipe, Vice Chairman |
|
Miss D Goffin (resigned 7 June 2025) |
|
Mrs H Harden |
|
Mr ALang |
|
Mr P Ledger |
|
Mr G Swain |
|
Mr R Gaffer |
|
Mrs I Ward |
|
Mr P Elsom |
|
Ms T Jennings (appointed 14 December 2024) |
| Charity registered |
|
| number |
224578 |
| Principal office |
36 Brook Lane |
|
Felixstowe |
|
IP11 7JP |
| Chairman |
Mr N B Berry |
| Independent examiner |
Scrutton Bland Limited |
|
Chartered Accountants |
|
Fitzroy House |
|
Crown Street |
|
Ipswich |
|
Suffolk |
|
IP1 3LG |
| Bankers |
Barclays Bank Pic |
|
1 Princes Street |
|
Ipswich |
|
Suffolk |
|
IP1 1HE |
| Solicitors |
Jackamans |
|
167/171 Hamilton Road |
|
Felixstowe |
|
Suffolk |
|
IP11 7DR |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2024 |
2024 |
2023 |
|
Notes |
£ |
£ |
£ |
| Income from: |
|
|
|
|
| Charitable activities |
3 |
75,808 |
75,808 |
75,662 |
| Investments |
4 |
12,856 |
12,856 |
10,518 |
| Total income |
|
88,664 |
88,664 |
86,180 |
| Expenditure on: |
|
|
|
|
| Charitable activities |
|
79,991 |
79,991 |
37,102 |
| Total expenditure |
|
79,991 |
79,991 |
37,102 |
| Net income before net gains on investments |
|
8,673 |
8,673 |
49,078 |
| Net gains on investments |
|
15,972 |
15,972 |
18,368 |
| Net movement in funds |
|
24,645 |
24,645 |
67,446 |
| Reconciliation of funds: |
|
|
|
|
| Total funds brought forward |
|
568,481 |
568,481 |
501,035 |
| Net movement in funds |
|
24,645 |
24,645 |
67,446 |
| Total funds carried forward |
|
593,126 |
593,126 |
568,481 |
|
|
|
2024 |
2023 |
|
Note |
|
£ |
£ |
| Fixed assets |
|
|
|
|
| Investments |
10 |
|
443,432 |
420,409 |
|
|
|
443,432 |
420,409 |
| Current assets |
|
|
|
|
| Debtors |
11 |
3,360 |
3,259 |
|
| Cash at bank and in hand |
|
163,335 |
149,408 |
|
|
|
166,695 |
152,667 |
|
| Creditors: amounts falling due within one |
|
|
|
|
| year |
12 |
(17,001) |
(4,595) |
|
| Net current assets |
|
|
149,694 |
148,072 |
| Total assets less current liabilities |
|
|
593,126 |
568,481 |
| Total net assets |
|
|
593,126 |
568,481 |
| Charity funds |
|
|
|
|
| Restricted funds |
13 |
|
|
|
| Unrestricted funds |
13 |
|
593,126 |
568,481 |
| Total funds |
|
|
593,126 |
568,481 |
| The financial statements were approved and |
|
authorised |
for issue by the |
T rustees on |
|
|
and signed |
on their behalf by: |
|
| Mr N B Berry |
|
Mr A Lang |
|
|
| (Chair of Trustees) |
|
(Trustee) |
|
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Income receivable from flats |
75,728 |
75,728 |
75,502 |
| Income receivable from allotments |
80 |
80 |
160 |
|
75,808 |
75,808 |
75,662 |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2024 |
2024 |
2023 |
|
£ |
£ |
£ |
| Listed investments |
11,005 |
11,005 |
10,060 |
| Bank interest receivable |
1,851 |
1,851 |
458 |
|
12,856 |
12,856 |
10,518 |
| Activities |
|
|
| undertaken |
Total |
Total |
| directly |
funds |
funds |
| 2024 |
2024 |
2023 |
| £ |
£ |
£ |
| 79,991 |
79,991 |
37,102 |
|
Total |
Total |
|
funds |
funds |
|
2024 |
2023 |
|
£ |
£ |
| Staff costs (See note 8) |
9,075 |
8,569 |
| Gifts to tenants |
680 |
700 |
| Council tax |
- |
303 |
| Water rates |
3,064 |
2,908 |
| Electricty |
1,232 |
1,435 |
| Insurance |
4,242 |
3,627 |
| Upkeep of gardens |
11,264 |
8,867 |
| Window cleaner |
800 |
950 |
| Repairs and maintenance |
42,755 |
3,194 |
| Governance costs (see note 6) |
6,879 |
6,549 |
|
79,991 |
37,102 |
|
2024 |
2023 |
|
£ |
£ |
| Printing, postage and stationary |
109 |
125 |
| Sundries |
94 |
180 |
| Management charges |
3,954 |
3,724 |
| Independent examiner's fee (See note 7) |
1,922 |
1,740 |
| Payroll processing services (See note 7) |
800 |
780 |
|
6,879 |
6,549 |
|
2024 |
2023 |
|
£ |
£ |
| Wages and salaries |
9,075 |
8,569 |
|
2024 |
2023 |
|
No. |
No. |
| Clerk |
1 |
1 |
|
|
Listed |
|
|
investments |
|
|
£ |
| Cost or valuation |
|
|
| At 1 January 2024 |
|
420,409 |
| Additions |
|
83,620 |
| Disposals |
|
(85,578) |
| Revaluations |
|
15,971 |
| Movement in cash |
|
9,010 |
| At 31 December 2024 |
|
443,432 |
| Net book value |
|
|
| At 31 December 2024 |
|
443,432 |
| At 31 December 2023 |
|
420,409 |
| Debtors |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Other debtors |
814 |
1,047 |
| Prepayments and accrued income |
2,546 |
2,212 |
|
3,360 |
3,259 |
| Creditors: Amounts falling due within one year |
|
|
|
2024 |
2023 |
|
£ |
£ |
| Other taxation and social security |
154 |
238 |
| Accruals and deferred income |
16,847 |
4,357 |
|
17,001 |
4,595 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
|
31 |
|
January |
|
|
Gains/ |
December |
|
2024 |
Income |
Expenditure |
(Losses) |
2024 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds - all funds |
568,481 |
88,664 |
(79,991) |
15,972 |
593,126 |
| Statement of funds - prior year |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
Balance at |
|
|
|
31 |
|
1 January |
|
|
Gains/ |
December |
|
2023 |
Income |
Expenditure |
(Losses) |
2023 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| General Funds - all funds |
501,035 |
86,180 |
(37,102) |
18,368 |
568,481 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2024 |
2024 |
|
£ |
£ |
| Fixed asset investments |
443,432 |
443,432 |
| Current assets |
166,695 |
166,695 |
| Creditors due within one year |
(17,001) |
(17,001) |
| Total |
593,126 |
593,126 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2023 |
2023 |
|
£ |
£ |
| Fixed asset investments |
420,409 |
420,409 |
| Current assets |
152,667 |
152,667 |
| Creditors due within one year |
(4,595) |
(4,595) |
| Total |
568,481 |
568,481 |