## ## ## ||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| ##