WARE CHARITIES- No. 225443 REPORT OF THE If4DEPEf4DEYf EXAMINER TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 I port oll th¢ Accounls ofthe Tnt for the ended 31 March 2024 ivhich are attache Respeetive Responsibilities of Trustees #Dd ludepeBdeDt Examiner The Charity'5 trustees are responstble forth¢ pr¢paration of the accounts. The Charity's trustees consid¢r that an audit is not required for thi5 year Under section 144(2) of the Charities Aci 20111th¢ 2011 Act) and that an independent examinalion is needed. It is ms Tesponsibiliry to examine the accounts under Section 145 of the tiol l Act, to follow. Ihe pr£edureS laid down in the g¢neral Directions oiven by the Charity CommissTron er Section 145 (5Xb) of the 2011 Acl and to statt whether Fdrticular n)attus have come to my attention. Basis of llldepend¢nt ExamiDer's Report My examination w&5 ¢OTried out in accordance with th¢ general Directions triven by the Charity Commission. An examination includ¢5 a Teview of the accounttng records kept bv the charity and a comparison of the a¢£ounts presented with those records. It also includes consideration of any unusual item5 or di%losures in the accounts, and seeking explanations fro N'oll as tnte¢S concerning ally such atters. The procedures widertaken do not pmvide all the eYid¢nce that would be required in an audit. and consequentlv no opinion is given as to M.hdh¢r the accounts present a,kne and fair view" and the report is limited io those set out in the statement below. Ind¢pendeDt Ezaminer's StstemeDt In conn¢ction with my exatllinatio no matter has come to my attention: l. whi¢h gives me reasonable cause to believe that in rnaterial respect the requlrements to keep accounting records in accordance with Section 130 of the ?01 I ACL and to prepare accounts which accord with th¢ aOunting records and comply with the accounting requiretnents of the 2011 Act have not been met. 2. 10 whi¢h, in my opinion. attention sbould be drawn in order to enable A proper understa¥Kling of the accounts io be teache Rooer Celia 23 Lodge Close Hertford, SG14 3DH. D*¢.. 5th June 2024
WARE CHARMES. No. 225443 BALANCE SHEEtAT31 MARCH 2024 1024 2023 Fixed Assets AtTrustees' revaluation following planning approval i# 2023 Bu5ine55 Premises, 75, High Street Ware E5C¢).l £5LK).000 Total Current Assets At Market Value COIF Charities Investment Ffjjnd Income Unrts 8KI Charities UK Equty Fund A Income Units SUTL Cazenove Chartty Equity Fund A Irkcome Units COIF Charthes Property Fund Income UTrtts COIF Charities Ethical Investment Fund Income Units COIF Chartbe5 Short Duration Bond Lloyds Banking Group PIC OTdinary Shares £1.324.326 £229.703 £228.055 £181,159 £102,588 E42.757 £861 £1,212.917 £223,026 £221.166 £191.007 £93.288 £40.813 £773 £2.IIW.450 £1.982,991 COIF Charities Dep05Tt Fund National Westminrter Bank PIC Account £66.542 £31,506 3.635 E16.576 Totsl £2,207,498 £2,073,202 Totsl Assets £2,707.498 £2.573,202 A¢cumulated Fund Brought Fon¥ard Excess of Incorne over Expenditure £2.S73.202 É7.836 £2.368.207 £27,711 £2,581.038 £2,395.918 Revaluation of Business Premises Increase in Value of Cuirent Asset Investments (Decrease 20231 Caryied Forward £275,C -£97.716 £126,460 £1707.498 £2,573,202 SIKned Chairman 5th Jtsne 2024 ed TaSurer 5thiune 2024
WARE CHARITIES- No. 225443 INCOME & EXPENDfruRE ACCOUP FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 In¢ome Dividend5 Rents Interest retained- COIF Charrknes Deposr( Fund Other Income E66.860 £90 £66.640 £180 £473 £41 Total Income £69.857 £67.334 Ex enditure Mana ement Professional Fees Insurance Hertfordshire Community Foundation- HCF Man%ement 75 High Street- Plannin8 75 High Street- vtiltiies 75 High Stet- Maintenance Office and Sundries £7,343 £5.584 £3.5LXI £6.792 £267 £223 £201 £860 £4.151 £290 £565 Tot31 Management £23,910 £5,866 Donations East Hertford5hire Cibzens Advice Service HFGB IHertfoodl Warm Spaces Funding Individual Grants 115 grants) HCF processing oFgrants on behalf of the chartty117 8rantsl 1£3005 unspent retoNned by HCFforgrunts in 2024/25J £19.582 £17,954 £2.(LK) £1.330 £7.198 £io,c £13,804 Total Donadons £38.110 £33.758 Total Ex enditure £62.021 £39.623 Exces5 of In¢ome over Expenditure £7.836 £27.711