Charity Reglslralloh No. 225690
BOULTON'S COTTAGE HOMES TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Monetta LLP
Chartered AccoLintanls
110.114 Duko Street
Liverpool
L1 SAG

BOULTON'S COTTAGE HOMES TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs J R Gopsill
Mr F P Gopsill
Mr M l F Gopslll
Mr J D Galely
Mr S W Greenall
Charlty numbgr
225690
Ind•pendent examlner
Monella LLP
110-114 Dljkè SlrÉ81
Liverpool
L15AG
Inveslmenl advlsors
Campbell Insurance Services Llmlled
110-114 Duke Slreel
Liverpool
L1 SAG

BOULTON'S COTTAGE HOMES TRUST
CONTENTS
Page
Statement ol TTusl8es responsibililies
Trustees report
Independent examinevs rèport
S￿1￿Ment ol fioanclal ac(Ivilies
Balance sheet
Not8S to Ihè accounts
7-15

BOULTON'S COTTAGE HOMES TRUST
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
Thè Irusteès are responsible for PTeparing the Trustee5 Report and the financlal sldt8menls in accordance with
applicab18 law and United Kingdom Accounting Standard5 Iuniled Kirhgdotn Generally Accepted Accounling
Practi￿).
The law applicable lo chari118s In England and Wales requires the trustees to prepare financlal slalomenls lor each
financlal year which give a true and fair view ol lh8 sla18 of affairs ol the Boullon's Collage Homes Trusl and of the
incoming resources and application of resources of tha Boulton's Cotl8g6 Homes Trust for that year.
In preparing these financial stalernents, thè Iruslees a¥e required lo:
Select sullable accounling policies and then 8pply them conslslently.,
obse¢ve the methods and principles In the Charllles SORP:
make ludgemenls and eslimales that are ieasonablE Ènd pn)denl'.
slate whelher applic3ble aGcounling standards have been followed, subject lo any material departures disclosed
and explained in the financial slalements., and
epare the financial slalements on the going concern basis unl8ss11 is Inappropriate to presume Ihal the tharily
will continue in operation.
The Iiustees are responsible for k88ping svfficlenl accounling records Ihal disclose wtlh reason8bl8 accuraoy at any
tim8 th8 finÈncial position of the Boullon's Cotlage Homes Tru51 and enable them lo en5ur8 that th6 fin8ncial
slalernents comply with the Charilies Act 2011, the Charity IAcwtFnts 8nd Reports) Regulations 2008 and the
provisions ol Ihe Irusl deed. They are also responsible lor saleouarding Ihe assets ol Ihe Boullon's Cottage Home8
Trust and hence lor laking reasonable steps lor the prevenlion and d8lection ol liaud and oih8r irregul8rtties.

BOULTON'S COTTAGE HOMES TRUST
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Iruslees present their annual report and firnancial statements lor the year end8d 31 March 2024.
Th8 finanelal slalements have been prepared in accordance wSth lh8 8CCQLJnllng policles set out in note 1 to th8
financial slal8m6nls and comply wilh the Boullon's Coltage Homes Trnst's t¥usl déed, th6 Charities Act 2011 and
'Accounling and Reporting by Charilie5'. Statement ol Recommended Practice appllcable lo charities preparlng their
linanclal stalemenls in accoTd8llC8 Wlth the Fln8ndal Reporting Standard applicable in the LIK and Republlc ol
Iieland IFRS 1021 leffeclive 1 January 20191.
Objectlves antl actlvltles
The Boullon's Collage Homes Trust was 88tabllsh8d ftsr the PLsrpose of providing low.cosl accommodation lo
pensioners or members ol the congregalion of Bethesda Church In Bebington.
The Iruslees have paid due regaTd lo guidance issuèd by the Charity Commission in deciding what aclivilies Ihp
oullon's Cottage Homes Trust should undertake.
The 8oullon's Cotlage Hom8s Tr￿st has no èmployees.
Achlevements and p8rfom)anc&
Flnanclol revlew
Dullrtg the year ended 31 March 2Q24, Incomlng resources amounted to £163,887 12023 £137,028) and
expendllurè on rÈpalrs and refurbishment, pow8r and insurance atnounled lo £98,893 12023 £34,028 1. Thè
Iruslees have coTrlTnu8d to malnlaln Ihe properiies lo a good standard, lo enable Ihem 10 8chleve tha obleclive of
providing quality but affordab18 housing lo eli9ible beneficiaries.
It is the pollcy of th8 Boullon's Collage Homes Trusl that unreslricled funds should ba maintained at a level
equivalent lo approximately twElve rnonlhs, expenditure. The Iruslees conslder th81 resérves al this18vel will ensure
Ihat, in the event of a sigriificanl drop in fundlng. they will be able to conlinup the Boullon's Colt8gè Ht)mes Trusl's
currenl actlvilles while consideration is given to ways In which additional lunds may be ralsed. This level of r858wes
has been rnainlalned Ihioughoul the year.
The funds held by the Boullon's Collage Hom8s Trusl ara all undesignaled and unreslricled funds. Inveslmenls
compri59 unquoled inve51ments in the Charilies Officlal Inv&stmenl Fund and Campbell Insurance Services Llmiled,
Irading as RSJ Flnancial Servlcès, who manage investments on a dis¢relionary basls. The overall value ol the fund
as al 31 March 2024 was £4,436,40312023- £4.119.5131 after withdrawals of£50,000 and fevalualions.
Financlal Rlsk M8nag8m8nt
The trustees have 8ssessÈd th6 financial risks facing the charity. Significant risks whlch have been identified are..
loss of income and reserves Ihrough falls in Ihe valua of the Trust's inveslments-,
loss ol lllcom8 through error or fraud.
The Irustees ar8 5811sfi8d th81 Ihey have laken all re8sonable 518PS to manage any 1Skely effect on the charity and
are satisfied that sysloms are Sn place lo mlligate exposure lo Ihe major risks.
Slruetur•* governance and managempnt
The Boullon s Cntlage Homes Trust was aslablished by deed on 30 October 1930.
Th8 liuslees who serv8d during the year and up lo Ihe dale of signature of the financlal statements were-.
MTS J R Gopsill
Mr F P Gopslll
Mr M l F Gopsill
Mr J D Galety
Mr S W Greenall

BOULTON'S COTTAGE HOMES TRUST
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The Irusle8s are appointed by deed and hokl meetings from Ilme to limè, as they think lit. lo consider ihe affairs of
the Trust and lo mako rules and regulations for the conduct of their meets.ngs #nd Carrying ovl Iheir duties.
Tho iectullfflent and appointment of new Irusl68s is al the discretion of the existing Irustees.
Durlng the year, the Trust eflected an Indemnlly Insurance policy for Ihe Iruslees.
The Twslees report was approved by the Board of Truslees.
Mr
JRG
Trust8e

BOULTON'S COTTAGE HOMES TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BOULTON'S COTTAGE HOMES TRUST
I report on the linancial stslemenls of the Boullon's Collage Homes Twsl for the yèar ended 31 March 2024,
which are set out on pages 5 10 15.
Respecllve respon$lbllllles of Iruslees and examlner
The Boulton's Collage Homes Trust's trusleos are responsible lor the piepaialion ol Ihe financial 8tal8rnènls. The
charitys trustees con8idar Ihal an audit is nol required for Ihis ye8r tsnder Section 14412} of the Chafilies Act 2011
(the 2011 Act) and that an Indepondent exan)ination is needed.
11 is my rp.sponslblllty to..
gxamine the financial statements un¢Jer secliorn 145 of th& 2011 Act,.
Illl 10 follow lh6 procedures laid down In Ihe general Directions given by Ihe Charity Commlsslon under section
145151(bl ol the 2011 Act-, and
lili} lo state whEther pamicular mallers havo come to my atlentlon.
Basls of Independent examiner's report
My examination was carried out in accordan￿ wlth the general Directions given by the Charily Commission. An
8xaminètion includes a review of the aQCOLJnllng records kept by the charity and a Comparison ol the financial
slalernen15 presented with thos8 recoTds. It also inelLJdes consideration of any unusual items or disGlosuie5 in the
linancial slalemenls. and seeking explanations from you as Iruslees Con￿rning any such matters. The
procedures undortaken do not provide all the evidence that WOU￿ b8 reouired in an audit and consequently no
opinion 15 given as to whether Ihs financial statements present a 'lfue and fair view. and Ihe report is limiled lo
those tnallers set out in Ihe nexl sf8lemgnl.
Indèpendent examlnels stat•mèrbt
In connection with my examinaliun. no matter has come to my alt8ntion.
la) which glveg m8 reasonable cause lo believe th81 in any traleilal respect Iha requiremeTrls.'
lil lo keep accounting records in accordancè wilh section 130 01 Ihe 2011 Act., and
(1S} lo prepa￿ financial statements whrch accord with Ihe accounting iecordg. and comply wilh the
accounling requiremenls ol th& 2011 Act,.
have not been met or
Ib} lo which. in my opinion, allenlion should b8 d¥awn in ordèr lo enablÈ a propèr und8rstanding of the
financlal stalèmenls to be reached.
/A//<
Mark Plall FCA
Monetta LLP
110-114 Duke Street
Liv8rpool
L1 SAG
Dated..

BOULTON'S COTTAGE HOMES TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Nota5
Income from-
Charitable actlvlllès
Investmtsnts
42,735
121,152
42,131
94,897
Total In¢omo
163,887
137,028
Ex
endlture on:
Raising funds
23,540
29,060
Chadlable aclivilies
104,594
47,144
Total resoLFrces expended
128,134
76,204
Net Incomlnglloutgolng} resources before gains and lossès on Invèstments
Net Iloss881 I gains on inveslmet)ts
11
35,753
272,556
60,824
1251,2421
N8t mov6ment in funds
3118,309
1190,4181
Fund balances al l April 2023
4.437,399 4,627,817
Fut)d balances al 31 March 2024
4,745,708 4.437,399
The stalemenl of financlal actlvlllas includes all galns Ioss85 reoognlsed In the year.
All income and 8XP8ndllLtr8 der¢ve from continuing acllvilios.
All movements are in unreslricled funds.

BOULTON'S COTTAGE HOMES TRUST
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Not88
F5xed assets
Tangible Sssels
Inveslmertts
13
258.53Q
4.436,403
258.530
4,119,513
4,694,933
4.378,043
Current assets
Debtors
Cash at bank and In hand
16
5,154
51,942
4.362
63,149
57.096
67,511
Credltors- amounts falling du• wllhln
one year
Other creditors
17
6.321
8,155
Net current assets
5Q,775
59,356
Total assets less ¢urrent Ilabllllles
4,745,708
4.437,399
Nel assets •xcludlng penslon liablllly
4.745,708
4.437,399
Thq funds of the Boulton's Cotlaga Homès Trust
Unreslrided funds
4.745,708
4,437,399
4.745,708
4,437,399
/9
The financial stalements werè approved by the Iruslees on ............
Mr F P Gopslll
Trustee
Trustèe

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounllng pollcle8
Charlty Informalloh
Boulton's Colt8ge Homes Trust is a chglitable Injst, established by deed on 30 October 193LI.
1.1 Accountlng convenllpn
The financlal slalements h8v& been prepared ir) accordan￿ wllh the Boullon's Coltage Homes Twsl's
Igoverning documenll, the Charili6s Act 2011, FRS 102 "The Flnanci81 Reporting Slandard opp1icable in th8
UK and Republic ol Ireland" I'FRS 102"18nd the Charities SORP "Aceounting and Reporting by Charities..
Slalemenl ol Recommended Practice applicable lo charilies preparing Ihèir 8CCOLtnls in accordance with the
Financial Reporting Standard applicable in lh8 UK and Rèpublic of Ireland IFRS 1021 leffeclive 1 J8nLF8ry
20191. Th8 Boullon's Collage Homes Ttust is a Public 88n8fi1 Enlily as defined by FRS 102.
The Boulton's Coltage Hornes Trust has laken advantage ol the PFQWSiQrnS the SORP lor charities not to
propare a Slalemenl of Cash Flows.
The financial $181emenls are Prepared In slerling. which is Ihe functional currency of the Boullon's Collage
Homes Trust. Monatsry amounts in these financial statements are rounded lo the nearesl £.
The accounts have been prepared undèr the historical cost convenlion, modified lo includo the revalLTralion of
unlisted inveslmenls and certain financial Instrvments al fair value. Th8 principal accounling policies adopted
¥re sel oul b810w.
1.2 Golng conc8r
At Ihe lim8 of approving the finanGlal slalements, Ihe Iruslees have a Teasonab18 èxpectation Ihal the
Boullon's Collage Homes Trust has 8d84Uate iesources lo continue in operation81 8xisl6nce for Ihe
foreseeable futur8. Thus the Iiuslees contintse lo ¥dopl the going concern b88is ol accounting in preparing Ihe
rinancial slalements.
1.3 Charltablg funds
Unreslricled funds are available for use al the discretion ol ihe trustees in furtherance of Ihelr charitablé
objectives unless Ihe funds have be8n designated for olher purposès. The charity has no deslgnated funds.
1.4 Incomlng resources
Income is recognised when the Boutton'8 Cottsg8 Hornes Tru$l is legally entilled lo il after any performance
conditions have been met, the amounts can b8 measured r81iably, and it Is probable that income will be
r8ceived.
Rental IEhcomè is crediled to Incoming resources when receivable.
Investment Income is Included in Ihe financlal statements as it become5 recelvable or due.
Interèst is credited to incomlng resourc6s when receiv8bl6.
Donations are Grediled al th8 lime ol receipl.
1.5 Resourcas expended
Resources expended ar8 accDunled for on an accruals basss. Cosls of chari18bl& expendilure Indude bolh
dirocl and support costs. Governance costs represent bank cha¥ges and the costs of accounllng and
independent 8X8minèrfs fees.
Expgndilur8 is r8counlsed when incurred.

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcl8S
Icontlnuedl
1.6 Tanglble flxed assets
Tangible fixed assets are Initially measured al co$1 and subsequently measured al cosl or valuallon. nel of
depreclalion and any Impalrmenl losses.
Freehold propèrties, whlch are held 88 soel81 hoLJsing stock under the Irusl deed. are disclosed as fix6d
assets 2nd slated al cost.
No depreaation is pT0￿￿ed on these Ireehold propertl88 on tha basis IhaE the resiclual value Is not less than
the orlglfF81 cost and any d8precialion based on Ihe eslimaled usèful life would be negligible. They were built
lor occupallon by the type of beneficiary for whlch the Irusl was created and are thus regarded as cor8 lo the
trust.
1.7 Flxed asset InveslmÈnts
Fixed assel inveslfflents are initially measurÉd at Iransaotion price excludbng Iransaction costs, and arè
subseouenlly measur8d 8t falr value Bt each reporting dale. Changes in lair value arè reeoonised in nel
Inoom8llexpendilurel far the year. Transaclion costs are exp8nsed as incurred.
Investments are included in the balanco sheet al their market V81u8 al thè yèar end date.
1.8 Impalrment of flxed assets
Al each réporting end da18, the BoultOn'5 Coltage Homes Tiust reviaws the cafrying amounts of Ils langibfe
and intangible assets lo determine whether Ihere is any indication Ihal Ihose assets have suffered an
mpairment loss. If any such indication exists, th8 recovarable amounl ol lh8 asset 15 e5tifftated in order to
delèrmine the exlenl of the impairffl2nl loss lil any).
Recoveiable amount is the higher of lair value less costs to S811 and value in use. In assessing value in use,
the eslimatéd fvlure cash flows are discounted to their present valu8 using a pre-tax discounl rale that reflecls
currenl m8Tk8t assessments ol the lime value ol money and the risks specific to the assel lor which the
eslimales ol future cash flows have not been 8dlusl8d.
11 Ihe recovorable èmount of an asset Is 8Stimated lo be less than ils GaIt￿ng amount, Ihe carrylng 8mounl of
Ihe asset is reduced lo ils recoverable amount. An impairmenl Ioss 15 recognised immediately incomel
(expenditure lor the ye8r. unless the relev8rn1 sss61 is earned al a Tevalued smount, in which case Ihe
Impairment loss is Iieated as 8 r8valuation decr8as8.
Recognised imp8lrmenl losses are revers8d il. and only if, th8 reasons for lh8 impaimient loss have ceased to
apply. Where an Impairment loss subsequenlty reverses. the carrying amount ol Ihe asset is Increascd lo the
revised eslimalp of ils recoverable amount, bvl so Ihat Ihe increased carrying amount doe5 nol exceed thé
carryirtg amount that would have bBEn determined had no impkirmenl loss beeri recognised for the asset in
prior years. A reversal of an impairm8nl Ioss is recognised immediately. unless the rel6v3nl ass81 is cairi6d14)
at a ievaluecl arnounl, In which case Iha reversal of Iha Impairment loss is Ire8led as a revaluation incTe2se.
1.9 Cash and eash equivalents
Cash and cash equivalents include cash in hand, deposits hekj at call with banks, olher short-term IiqL*id
irkvestmenis wllh original malurilles of Ihree months or less, and bank overdrafts.

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Ac¢ountlllg polleles
Iconllnuedl
1.10 Financlal Instruments
The Boullon's Collage Homes Twsl has elecled lo apply Ihe provlsSons of Seclion 11 'Basic Financlal
Inslrvmenls, and Secllon 12 '01her Financial Inslrum8nls Issu8s' of FRS 102 Its all ol ils financial inslrumenls.
Flnanejal instruments are recognised Ihg Boullon's Collage Homes Trust's balanc8 sheel when Ihe
Boulton's Collage Homes TDJSI becoines parly lo th8 contraclltal provisions of the Inslrumenl.
Flnancial assets and liabSIilies 8r8 offset, with the net arnounts pr888nled in Ihe financial 51alemenls. wh8n
there is a legdlly enforceable right lo sel off the recognised amounis and Ih8r6 18 an intention Its sellle on a nel
basis or to fealise the asset and settle the liabilily simullaneousty.
B?51c flnanclal assets
Basic financial assets, whlch include d8btDrs and cash and bank balances. ale Inlllally measured al
Iransacllon price includlng transaction costs and arè subsequently carried al amortlsed ¢osl uslng Ihe effective
interest rnglhod unless Ihe arrangement conslitutas 8 financino transaction, wher6 the transaction is
measurecf at Ihg present value DI Ihe future receipts discounted 81 a m2rkel rale of Inter881. Financlal 8ssals
classified as receivable within one year are nol amortised.
BasiG finanGlal Ilabllltles
Basic financlal liabilities, including creditors and bank loans are initially recognised al Iransactlon prtce unless
the arrangomenl ¢onslllules a financing Irans8ctloH, where the debt instrument Is measured al the present
Value ol th8 fulure paymqnls dlscounted at a market rale of int8r8st. Flnancial liabilities classified as payable
thin one year ale not amodised.
Debt instruments are subsequently carried al amortissd cost. using the effeclive inle¥est ral8 method.
Trade creditors are obligations to pay for goods or services Ih81 have been acqulred in the ordinary courso 01
operalions fiofti suppliers. Amounts payable are classified as current liabilities 11 payment is due within ong
year 01 18s$. 11 nol, they are presented as fjon-Gurient liabilities. Trad8 creditors 8r8 f6counised inilially al
transaction prlce and subsequently measured al amorlised cost using the effective interest method.
Derecognltlon of ftlnanGlal liabllltles
Financial liabilities are derecognis8d wh8n the Boulton's Coltage Homes Trust's contractual obligations explre
or are disBh8rgBol or cancelled.
1.11 Taxatlon
The Irusl is exempt from UK 18xallon and VAT. Irrecoverable VAT is cha¥ged against the expenditure headlng
for which il was incurred.
Crltlcal accounllng estlmales and Judgements
In the appllcalion of the Boullon's Collag8 Hornes Trusl's accounling policies, the Iruslee5 are required lo
make judgerllonls, eslimales and assumptions about lh8 carry¢ng amount of assets and liabllllles IhBI are not
readily apparonl Irotr olhet sources. The eslimales and associated assumplions are based on hlstorical
experience and other lactors that are considered lo be relevant. Aclual results may differ from these
e&limales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revislons to accounting
eslimales are recognlsed In lh8 period in which the estimate is revi58d where the revision affects only thzl
period, or irn the period of lh8 rovi3ion and future periods where the revision affects bolh current and lulure
periods.

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from charltablg aclivllle8
Unreslrlcted
funds
2024
Unrastrlcted
funds
2023
Income
Rental income
Olh8r inwme
42,180
555
40,743
1,388
42,735
42,131
Inve5tm8nts
2024
2023
Investment income
121,152
94,897
Ralslng funds
2024
2023
ment mana
ement
23.540
29,060
23.540
29,060
10.

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2024
Charltable activitles
2024
2023
Property repairs and malntenanee
Insurances
Lelling foos
Pr)wpr on unlenanled property
Office rates
Office telephone
Office heal & light
Contribution lo office cosls
70.849
3.072
5.328
231
392
158
513
1650
21,707
4,029
5,624
103
364
432
339
{5701
79.893
32,028
Grant ILJnding of aclivllies {soc note 71
Share of govemance costs18ee nole 8
19,000
5,701
2.000
13,136
104,594
47.144
Grants p8yabl6
2024
2023
Grants lo in51ilutions..
Charlès Thompson Misslo
Orchards- Church
Sl Philip's Church Trust
15,000
4,000
2,000

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs
Support Governance
costs
costs
2024
2023 Basls of allocatlon
Independènt examlner
Independent examiner-
olheF seTvices
Le981 and prolessional
Tru51ees insurance
1,850
1,850
1.850 Governance
Governance
1,939
1,939
7.394
1,718 Gov8rnance
2,154 Governance
1,912
1,912
5,701
5,701
13.116
Analysed belwee
Charitable aoliviliES
5,701
5,701
13.116
Govèmance costs Includos Independent examinees remuneraEion of £1,850 (2023- £1.8501.
Trustoes
None of the Iruslees {or any p8r$ons connected with them) received any remun8ralion from the Boulton's
Collage Homes TIu5t during the ye81. However, the Trust eff￿led an indemnily insurance poliLy for th8
bènefit ol the Iruslees, al a cost of £1,96212023 - E2,1541.
10 Employees
The average rnonthly numb8r of èmployees during the year wa5-.
2024
Number
2023
Number
Total
12

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Gains and losses on InvtStments
Unrestricted Unreslrlcled
funds
funds
2024
2023
Gainslllossesl 8T4sing on:
R8val￿atron ol Inveslments
Sale of Investmenls
383.S34
(110,9781
1127,2631
1123,9791
272,556
1251,242}
12 Taxatlon
The chA¥ily is axempl from taxation on ils activities because all ils income is applied lor char¢lable purposes.
13 Tanglble Ilx8d assets
Tenanted piopèrlies. ulilised lor social housing under the oblecls ol the Irusl.
Cost
Al 1 April 2023
258,530
Al 31 March 2024
258,530
Carrylng amount
Al 31 March 2024
258,530
Al 31 March 2023
258,530
14 Fixed asset investments
L15tèd
Unllstéd
Inveslment Investments
Cash In
portfollo
Total
Cost or valuallon
At l Aprll 2023
Addilions
Valuation changes
Transfer
Dlsposals
3.964.048
485,712
371,606
131,775
23.690
1443,5551
4.119.513
42,157
383.533
150.0001
(58.8001
11,927
150,0001
548.197
1604.9971
Al 31 Mar¢h 2024
4,216.369
143,702
76,332
4,436,403
Carrylng amount
Al 31 March 2024
4,216,369
143,702
76,332
4.436,403
Al 31 hAarch 2023
3,964.048
131,775
23,690
4,119,513
13-

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
14 Flxed asset Investments
Icontlnuedl
All inv8Stmènls are carried al Iheir fair value. Tho unlisted Investments comprise funds Inve8t8d in Ihe
Charities Offici81 Investment Fund and ale included al th8 bid pTice.
The trustees consider Ihal the Gairylng amounts Df financial assets carried al amortlS8d Cost In the financial
statem@nts approximate lo Iheii fair values.
15 Flnanclal Ihstrumènts
2024
2023
Carrylng amount of flnancial assets
D8bl inslruments measured al amortised cost
Equity insl¥iJments measured al cost less Impairmenl
1,828
4.436,403
1,178
4,119,513
Carrylng amount ot tlnanclal113bllltlas
Measured al amorlised cost
8,321
8,155
16 Debtors
2024
2023
Amounts falllng due within OEhe year:
Other debtors
Prepayrnenls and 8ccrued income
1,828
3,326
1,178
3,184
5,154
4,362
17 Other cred51ors falllng duè wlthln one year
2024
2023
Trode cieditois
Accnjals and defeT¥ed Incomo
821
5,500
2,655
5,500
6.321
8,155
18 Unre$trlct8d funds
The L¢nreslricled funds of th8 charily comprise Ihe unexpended balances of donalion8 2nd grants which are
not subject lo specific condilions by donijrs and granlur5 as lo how they may be used. These include
deslgn8led funds which have been Sel aside out of unre51ricled funds by the trustees for spocific purposes.
At l Aprll
2023
Incomlng
resourc8s
Rèsourcés
expended
Galns and Al 31 March
lossès
2024
General ￿ftdS
4,437,399
163.887
1128,1341
272,556
4.745.708
14-

BOULTON'S COTTAGE HOMES TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Unreslrlcled funds
Icontlnuedl
PrgvIou5 year:
At 1 April
2022
Incoming
resources
Resourcos
expended
Galns and At 31 March
lossas
2023
General funds
4.627.817
137,028
176,204)
{251,2421
4.437.399
19 Related party transactlons
Transactions wllh related partles
During th8 year the Boulton's Collage Homes Trus1 entered Inlo the followng Irans8clions wllh relaled parties..
Onè of the pensloner8' bungalows was occupied by hvo Df th8 Irdst88s. Mf F P Gopsill and Mrs J R Gop8ill,
during the year. Rent was payab18 31 th8 r81è 01 £350 per monlh for two months and £367 lor len months, 8
lotal of £4,37212023- 4.Q041
During the year, the TTUSI 8ff8Ct6d an indemnity insLfranc8 policy for the Irustees. al a cost of £1,962.
During the year the trust received a ctsntribulion of £650 12023 £5701 Icom A H Boullon Trust againsl the
offic8 wnning C￿st$ with regard lo serwcing Ihe properlies owned by the Iwsl
15-