SIR JOHN EVELYN'S CHARITY TRUSTEES AYIYUAL REPORT AND F￿AliCIAL STATEMENTS FOR THE YEAR EYDED 31 DECE,MBER 2023 Charity No: 225707 SIRJOHN EVELYY'SCHARITY HISTORY OF THE CHARITY ADMINtSTRATIVE INFORMATION TRUSTEES ANNUAL REPORT INDEPENDENT EMMINER'S REPORT STATEMENT OF FINANCIAL ACTivrrIES BALANCE SHEET io NOTES TO THE FINANCIAL STATEMENTS SIRJOHN EVELYli'S CHARITY HIS RY OF THE CHA The Charity WAS estsblished 1749 for the relief of th¢ poor of the PHri5h of SL Ni¢holas Church. Deptford (now in ihe Parish of SL NiclM)las and SL Luke. Demford) and subsEqueT¥dy included the following chaTities-_ The Charity of Richard Br￿% found¢d by will datcd IR theyear 1767; The share of the Charitv of th¢ R¢v¢rrnd Abraham Colfe applieabl¢ irt the said ancient paris founded by wll dated the 7th S2Ptember 1656. The Charity of Mary Curry. founded by will dated in the year 1801: The Charity of a Donor Unknown. ¢ompri5ed in a D¢¢ttt of the Cornmi5sioners of Charitsble Uses of the 6th James l and an Order of the Charity Cornmissionets ofthe 7 Augu51 1866. ThE Charity of Judith Fiott, founded by will proved in the Prerogative cO￿t of Canterbury on the 18th September 1713. The Charity of Thoma5 J¢nning¥ founded by will dated in the year 1742. The Charity of J05ias Joyner, founded by will.. The Charity of Walt¢r Bevan KnotL founded by will in or aboui the yw 1832: The Charity of Francts L•nb)ume. founded ty wÈll pr()v¢d in th¢ Pr¢rogative Court of Canterbury on the 14 Decemlxr 1822. 10. The Charity called Dr. Price's Gifi comprised Èn a declaration of the 14 Felwuary 1872- Th¢ Charity called Mr5 Price's Gift [0￿ded by will of Ann Ttv)ma5 Price proved Èn the Principal Registry on the l?th J8nuary 1883.. 12. The Chariry of John Ricfv compris&l in the atN)VC-rn¢ntiOT)ed Decree of the Commissioners ftir Charitsble Uses. 13. The Charity of Matthew Spray, founded by will pyoved bef¢)Te 1883. 14. The Charity of William Robert Stou¢ 15. The Charity of IS￿ Wall. founded by will dated tn the year ITr6. 16. The Charity of John WILite. founded by will proved in the Prerogative Coun of C4nt¢rbury on the 23 August 1853- 17. The Charity of Mary Wisenwi. founded by will dated the 19 Febnw 1758; atml 18. The Charity of Elizabeth Wilshaw. founded by will proved in the Prerogative Court of Canictbury o the 24 November 1709. The Charity ha5 endowment funds and the PDWET5 of inve51m¢TJt are as stipulated by Charity Commissioner order. {2) SIR JOHN EVELI'N'S CHARITY ADMINISTRATIVE IhFOILMATION STATUS Founded a deed of gift dated 17 March 1749 and Governed b) a Scheme of ihe Commissioners since 7 Aprtl 199? CHARITY NO ?25707 ADDRESS Arniwja Coun Hall 21 M¢Millan Strerting.4CCo￿thrtts 219 Croydon Road Caterh3 CR3 6PH BANKERS N￿lOn81 Il'esoninster Bank plc l Townlcv Road Bexlryheath kent DA6 7JG Halifax pl¢ 9 MaTket Place Bexlejheath DA6 7EA tNVESTMENT MANAGERS Brewin DolphÈn Ltsl 1st FI(￿r Q￿cenS Square14ouse Que¢n Squ￿¢ Place BAI ?LL (3) SIR JOHN LYY'S CHARITY CHARTfY yo: 225707 TRbSTEES A)ThLIAL REPORT YEAR EP*DED 31 DECEMBER 2023 The trustees present thrir annu8] Trustec5 Rq￿ kngether with the ftnan¢ial statements ofthe Charity for the year ending 31 December 20?3. The firwicial statements have prepared in accordance with the acwuntill8 policies set oul in note I to the acc¢)unis and comply with the Charity's Trust Dccd. the Chariiies A¢t 20112nd Ac£ounting and Reporting by Charities- Statement of Ke£ommended Practice appli¢abl¢ to Charities prep￿Ing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRSI02). OUR PURPOSES Af4D Ac￿￿lEs The Tharity's purp(Ise 15 to provide reli¢f. ¢LtlJer Benerally or individually. io pery)n5 resident in the Ancient Parish of St¥ichol&s, tkptf(rf London SE8 who are in conditions ofneed. hardship or distr¢ss by makinggrdnts ofmoney orproviding or payino foritem% services or fa¢ilitiestor¢duee need, hardship or distress. The ancient parish of St Nichola5 remains the primary area of knefit of the ¢haTity although it is now part of thr Etrlt5ia5tical Parish of StNicholas and St Luk4 Ikpiford. This Parish 15 in one of the poorest areas of ihe country. The 2016 Joint Strdregtc Needs Ass¢ssmeni ¢ornmi5sioned by the Royal Borgush of Greenwich includes d*a illustratin8 that the majority Df residents in the primary area of benefji are living in ho￿l￿g w'ith high levels of benefit need. There are high lel'els of ur￿MplOYment and poor heajth in the area and the Charity gÉv¢s finamal Sup[￿ to projects which impact on these needs. Thc Charity applie5 the obje¢¢ives in the dccd oftnL5t to include: The prevention and relief of poverty The advanc¢ynent of health The advancement oleduLatio The rtlief of those in need by reason of youth. age. all healt￿ disability. fIna￿la￿ hardship or othLY disadvantage. In meeting these objectives. the Charit). has conttnued to support the tharity's re8is(ered ]Knsioners and their well-￿Ing. The Charity has also SUPPOrted a local community projecl {The Armada Community Project) which is instrumental in supwjrting th¢ I￿al community and particularly those residents who are disadvantaged by laek of opportunity. In undertaking its artiwities, the Tn]stees have paid dlle regard to the Charitable Commission guidance on public benefJU and are satisfied that the Chariry confets a public F￿nefit. Contribthions are made by volunteers who art committed to the Charity's work with its pensioners attd they bring their ￿MMI￿lent to the Charity. Their contribLAion has enabled the Charity to expand work they do with PeT]SiOtKrs. Policy 00 grA￿t makiDg Thc Chanty's policy on granl makin8 resarding it￿1Vidual$ is that they rnust be on a low income and live in the area of benefit. The Charity's p)lic> on grani making for projects IS that the PTOj¢¢ts deliver in line with the Charity's objeciives ihai the main beneficiaries of the project are from the ancient parish of Si Nicholas. During theyearthe Charity made five w)jectgiani {202?_ one) and four grants diredly to individuals120L?_ none). {41 SIRJOHN EVELYN'S CHARITY 225707 TRLisfEES.LNNiiAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 CoDt The Charity'5 fund5 vulnrrablc io ¢hanges iJ7 the econorni¢ ¢limat¢ and in th¢ ¢vent of a Tnajor downturn the trust¢¢s ¢ap the grants made to or8ani5ations SUPWrted by the Charity. ACHIEVEMEP4TS OF THE CHARITY DLRING THE YEAR The trustees have continued to supwrt th¢ir wsioners and disadvantsged people in the Community. W¢ekly pensions ¢ontinu¢ to b¢ p8id to low-tncome ¢lderly resid¢nts liKing in the area of benefit; thes¢ Telatii'ely small 5um5 PTovide an i[n￿rIan[ suppIEmtnt to the ￿ale pensJon5 ieceived. All ￿nSIOnS ctrntFnued to be paid directty into the releyani pensioneTS accounts. The Charity contlDued to keep check on the welfare of ail the pensioner. vigittng ihen) at home and accompankinll ihem to hospital where needed. The Charity re5uFned day5 out at the coas( in SUmTner and a150 the tinsel and Turkey Weekend in Novcmber. The Charity has also continued to SUp￿)rt Arn￿da Community Projett w'ith a grdni ihat has enabled them to enhance th¢ deli1￿1¢$ of a¢tlVjli¢s i%'hi¢h sw)p)rt th¢ needs of the cowtununity.. 14."liich is of great bcn¢fit to th(s¢ who 3r¢ housebo￿nd and Lo r¢dur¢ isolation. It aJ50 proN"ided grants to support, a ctsronaiion parN ￿ the beginning of the j'ear and a Chrismias pany for ￿th the pensioners and ehildren in the Community whÉeh w¢re support¢d by Arn￿d4 iolunl¢er5. In recent J'ears, due to the econorni¢ dO￿,nI￿n. the Charity had redueed spending on grants to organisations other than the.4miada CoFrtTnunits. Projert who they supported throughout this period as it was deemed io be of vital imwrtsn¢e to r¢wdents in financial need ¥n the area of benefit. In this }'ear the Charity has also supported The Mcmillan Hetb Gatden which e[￿bled them to carry out worL in the garden. and extend the involvemeni of deliverirtg W0￿$hop5 to a local s¢hty)l and also encourage users from the area who do hawe acctss to a garden. Zaida Florian prnvid￿ aeiiviiies for babies and children. all delivered by a tutor and parents who live in the area of benefil including Baby massage. Spanish School and a Dorninican Dance that wLs perfornied ai IIKal e%'ents and the Lord IqayoL% Show. Kerr). Cowburn to deliverthe Easter PlaY￿heT￿t which wa5 well atrended by children from the a]Ea of benefit especiallj those with working par¢nty and which involved young pcople WOTking as ¥olunieers. The Twinkle Tru51 in 5UPTXbrt of the PaTkfest Fesitval. The fe#ival was held in the Charlotte Turner Gardens, which are 5ituatcd in the Parish of Si Nichola& This was a community eient to increase the awareness of the truA's achievements and local people look part in dEIivrTing music. dance and other activities. Grants were also paidio4 Individ￿71$WI￿J were sufferinghardship including a grant toaperson to assist *ith fuFn15hing following a fire. 15) SIR JOHN EVELYry'S CHARITY CHARrrY %0: 2257(17 "AL REPORT FOR THE YEAR E)TDED JI DECEMBER 2 Cotstd FIP4￿ClAL REVIEW Th¢ Charity's inweslments increased during ?Ir23 ￿ a resuli of the Change in market value of those investtneTts. The investments have incre&5¢d by £91,435 ¢omparEd with a d¢cr&15e of £236,460 in ?022 {$¢¢ note 8 to the f￿anCIal sthtemertts). All inves1￿ents atE held M'Èthin two wrtfoli05at Brewin Dolphin Ltd b¢iT)g oTre for the Endowrnent Fund and one for the Income FunrL The Charity increased its expendiiwe grnnts 10 £36517 during 2023 (20?? _ £3,626) aThl hop¢ to continue supporting the l(Kal community in 2024. The Charity ha5 continued to make pa>ments to th¢ p￿S1OnerS at the increased weekly amount that was a8reed in the [previous year. It also continued to 5UPP)rt pensioner's meals duringthe year. The Charity was reliant upon volunteeT workers to ￿151 with this however other costs also increased 2s people weie once again able to meet. The Charity made a deficit forth2yearof£29,995 {?022 wrplusof£426.191). before tsking intO8ccount any investment 1055e& After taking inlo accouni the M gains on the investmtnts the level of reserves inGrea5ed to £4.001:507 (?0?2 - £3. 940.068). The financial position at the y¢arend is sound with a iovtttynent portftrlio of £2.709.846 (2022 - £2.611.655) and Lth balances of £1,307.)84 (2022 £1,331.430). The high cash balances are being retained as the Charity is still going forward with its plan io purchase property, 2nd is actively I(￿king & relcvant ptt)perties with a view to PU￿hase one locally and Ime at the coast. Investment Polity and Risk MaJb¥gement A few years ago. the trustees commissioned an Indep￿dent financia] adviser to prthltsce a statement of investment principles for the Charity and subsequently moved the fitTr(ts ts) an endowment ponfolto and an income reserve ￿rtfoliO manased b>. Brewin Dolphin Lid. This continued for ihe year endcd 3 1 Deccmber 20?3. The trustets £t￿tinue to take professional advice fr(￿ their investment manager regarding the market outltsoL inv¢stm¢nttr¢nds and yi¢ld 4nd th¢ prosp¢th for future cspital growth. The inNestrnent manager is Instruct￿ to invest to rnaxÈmiseihe tota] re￿rn pmanenl endowment funds within the constraints of a m¢dium to low-risk investm¢nt wrtfolio. The trustees eonsider viability of investhient ￿tUrnS on the pennanenl endowment to ¢ollstituie the chartry's major fLnancial risL This is mitigated by retaTning eXp￿t inVe5tsn￿t Thanager5 and having a diversifjed investment portfolio. The ¢hariti¢s Risk Management Poli¢ies were reviewed and agreed in January 2020. A review of intemal finan¢ial controls was also undertaken at thi5 lime. Reserves Policy As the investment portfolio is the major sour¢e of fi]ndFng and the charity h&$ nts external fvnding. the Charity's policy is tts mairttsin its resetves at 8 level that will enable it Io C￿[)17nuC to make grants to projects ￿T￿ Indi￿￿U8]S in future ye8rs. SIR JOHN EVELY.Y'S CHARITY 6) CHA ' rio: 2257117 TRLSTEES Ayf*llAL REPORT THE YEAR Ef*DED31 DECEMBER 20 Contd STRUCTLIRE. GOVERNANCE AND MAf4AGEMENT The Charit). 15 ulliTtcorwraitd and was [0￿d￿ by a deed of gift dated 27 March 1749 and has been 8tsverned b) a Scheme of the Commissioner$ 5rrKe 7th April 1992. The r¢f¢rence and administrative information forthe tharity 15 shown on p￿¢ 2 of this report. The Charity eontinued with five tr￿Itt5 during the year under rtview. During th¢ ycar ended 31 December 2016 ihe Bishop of th¢ Diocese of southw￿ in the Church of England had agreed io aprK)irtt chU￿h Tluslees directly however this has still not tsken pl&ce during ?023. The Charity reviews its policies and procedurr5 on an on￿￿Oing basis. It is dso a Tnember of the NCVO which provides useful guidance, support and iraining on prdCti¢¢ and changes in the law af￿tIng charities. The Trusiee5 are supported by a cletk appoinied by (n￿te¢S who is responsible ftbr the day-to-day administration of the Charity and its purtK>ses. The trustee5 Tnea approximately fiv¢ times a and hold their AGM at the first ￿eetIng of each year and in addition the irusiees M'ere all in regular contA¢t b￿ cmails. Any trustee who ha$ an Tnierest in any of the grant applications must declare and abstain from di5CUSSiOn5 and voiing. The Chairperson has th¢ decidiTt¥ vote. The Chair￿r$0￿ posits)n is revi￿ed annually at the AGM. to give oth¢r ttUStees the opportuniiy to apply for the position. Appoiffjtrnent of Trustees The Charity's Scheme Ir] place dunno thjs l'ear stipulates that the Charih. has up to nin¢ Tn]ste¢5 all of whom must have a special knowldge of the area or￿ner11 through residen¢y or employment= Two Trustees nominat￿ by the I)ic￿eSe. Five Trustees nominated b). Ro)a] Greeowich Couneil Two co-opted Trustees with partjcular knowledge of the l(Kzi community The Charitits Gov¢miTrg Docurnent 15 currenilv under revi•li. Considtratton is being 8iven ID Ce￿ing the nominations from the Dio¢¢seand to iner¢a5ethe nominations by Ro}'al Grttnwich Council to S¢v¢n. This arnendment is in the process of being PLtt forward to all relevant 50ur¢es. Future pl8llS Sir John Evelyn's Charity is a lasting tcstllntiny 10 the generosity aJJd charitable ¢oncern5 of Sir John Evelyn and oth¢rdonors living in the I W. 18 and 19" cenlurtes. To faciliwe the long-temj viability of the Charit). io fulfil Tts charitable pu[￿Se$, the Trnstee5 rnade the difficult decisron in a previous year to reth]ce wir ts io organisations in onler fo ensure thai spending did not exceed in¢ome. Having reduced graut5. in the la￿ few Yea￿ the Charity was in a &￿ill0￿ following Jrceipt of the Stowage in 202? , io expand its proyision of ￿nSIonS and grants io individuals in need. They aw'arded more rffojeci ￿a￿lS to support its chariiable pur]x)% wthin the area of benefii in ?O?i and intend ontinuing this in 2024(whi1￿ working within their b￿]Sel}. SIR JOHN EVELYTr4'S CHAR (7) CHARITY f*0: 225707 TRUSTEES A.)h"iiAL REPORT R THE YEAR EYDED 1BER 2023 Cont Futur¢ pJgn$ (continu￿) The Tru5te¢$ anticÈpa* that over the next few y¢aTS the Tharity will continue to: a) Incre￿ Èhe number and diversity orp￿S7oners and deliv￿ ttM)re a¢tivitiES to ttduce isolation for pensioneT5 and families.. b) Incr¢ase the provision of grants for individuals in need, including specifi¢ grants" c) Review and improve the Charity"s stnKiw goi'ernance and managonent io suptort its chariiable objeaives and ￿rdnt making processes" d) Review the level of available fi]nds to evsure the Charity reinvests in one or mor¢ re5id¢ntial propertre5 th￿ will provide an increasd income to use for tharitsble purposes outlined abov¢. ¢) Reyiew the govemin8 do¢ument to erLSLJre irtclusivity aod diveT5ity in the lo¢a] cornmunity STATEMENT OF TRUSTEES, RESPONSABILITIFS The trustees are re4Mw&ible forpTEparing a ttvst¢es' annual repon financial swwnents in accordante with applicable law 2nd UniiEd kingdom A¢counting Starmlards (United Kingdom Generally A¢¢epted Ac¢ountlT)8 Prdctice). The laiv applicable to thariiie5 in Engla￿1 and W'ales rquires the charity Irusiees to prq)are financial statements for each year wthieh give a twe ory1 fair vtew of the state of affairs of the charity and of the incoming resources and applic&iort of resources of thechJrits. for thai period. In preparing the financial Ststernen￿ the trusiees required to: Select suitsble accounting tx)li¢ies arml apply them ¢on5i5t¢¥)tly: obs¢The the meth(Mls at￿ ￿]nCipleS in the appliuble charities SORP. mak¢judgemenis and e5timaies that are reasonable a￿d pr￿lent. state whether applicable accounting stsndard5 have been followed. 5ubje¢t to any tnaterial ¢Jepartures that must be discloscd 2nd explainrd in the financial stalements" prepar¢ ihe financial st*ements on a going concern basis unless it is inappropriate to &ssume that the Charity will continue in yration. The trustee5 are r¢sponsil>le for keepin8 proper a¢¢ounfin8 records which disc105e with reasonable accuracy at any ttme the financial position of thc Charity and io enable them to ensure the fin8ncial statements comply with the Charities AL* 2011, the applicable Charities {Axounts and R¢ports} Regulations, and the P￿vIsIOnS of the Scheme of the Colnmissioners d￿ed 7 April 1992. They are also responsible for safeguardin8 the assets of thE Charity and for taking re450nable steps for the prevention and Il¢te¢tion of frdud and other irregulariiies. Thi5 report w&$ approved by the Trusteeson 16 Oaober 2024 and signed on their b¢half by: Chair- Trustee Trustee (8) SIR JOHN EVELYYJS CII.4RITY [¥DEPE￿DENT EXA,MINERS REPORT TO THE T TEE SIR JOHN EI ELYiS'S CHARITY RESPEcf OF THE YEAR ENDED 31 DECEMBER 2023 I r¢pon ¢0 the chariry mistees on my exatnination of the ac¢owits of the charity for the year ended 31 December ?0?3 which are set out on pages 9 ￿ 15. Respov5ibilitiTs and b45is of r¢port A5 the charity's trustees you are reS￿)nSI￿]e for the preparation of the ar£4)unts in acwrdance with the requirements of ihe Ch￿ille5 Act 2011 ('th¢ Aa.). I report in respect of my exaTninalion of the charity'5 aeeounts trdTTied oul under 5cciion 145 of the Act and in carrying out rny ￿aminatIon I have followed all the applicable Directions given by the Charity Commissi¢)n under sethion 145(SXb) of the.4cl. Independent examiller's 5tstement I have compleied my examination. I confimi ihat no matthal mott￿5 hav¢ come ¢0 ￿Y attention in conrtectton with the ex2mirt8tion me Cause to believe that in any material respect.. accounting reco￿5 were not kept in respect of the chartty as required by seetion 130 ofthe Act. or the accounts do not accord with those records: or th¢ accouTrt5 do not comply with the applicable reguirernents concerning the form and content of accounis s¢t out in th¢ Charities (.4¢¢wnts and Rqx)rtsJ Regulations ?008 other than any requirement that the a¢counts give a'true and fair view, which is not a matter Consid￿ed as part of an ind¢pendent e.xaminatiON. I hal'e no attention reached. cems and have come aLYOSS nts othcr mattcrs in connection ivith the ex￿11natiOn to whiGh uld be drnwn in thbs report in OTder lo cnable a proper understanding of the ￿CoUnts its be Ali50n Sa￿ellt FCA Sargcni & Co Chartered Accountants ?19 Croydon R( Caterham CR3 6PH Date 16 October 2024 stR JO N EVELYF*'S CHARITY (9) TATEMENT OF FtYANCL4L.4CTIVITIES FOR THE YEAR ENDED31 D CE.MBER 21123 Ineome Funds 2023 El￿o￿Trent Funds otal Note Income ?023 2022 Income from Investment portfolio 6.756 69.(166 75.822 82.736 COIF charity fund 508 506 Other iTKome 410.000 Bank interest re¢eiYable l incomin 7,264 69.066 76.330 Ex ure ErPe￿d1￿re on Chantoble aclivities." Grants payable 36.517 36.517 3,626 Other Dirrct Charitsble adiviiie5 17,941 17,941 8.407 Propttty and sUp￿rt costs 47.740 47,740 45.467 Governance Co4s Cost of Chari ArtÈviti¢s 106 623 Totsl ex 106 in¢om&l ndyture befo transfers and other aiDS (99.(kS?) 69.066 (99,995) 424.619 Net gatn1{lo￿cS) on investments 11.0?9 80.406 91.435 (236,4601 Trdnsfer benyeen fuThJs Net Movements of fimd$ for the (18,967) 80,406 61,439 188.159 Total funds brou8hi forward 3 751909 tal fiLnd5 carried forwa (10) SIR JOHN EI'ELVY'S CH.4RITY ALAi%CE SHEET DECE,11 Note ?023 2022 D ASSETS Tangibl¢ Assets 539 156 Invesmients 2 709 846 2611655 2.710.385 2,611.811 CURRENT ASSETS Other debtor5 3.911 5,9S5 Prepayments ?12 Cash at Bank and in hand 1303.050 13il.430 CURRENI. LIAB5LI Amount duc to St Nicholas Parish 16 Accruals and other crediiors 9J40 NET CLRRENT ASSETS 91.122 NET ASSEFS 4001JQI VE TMENT FUNDS Endowment Fund 2.4l4J93 ?.3.13.987 Income Re%Tve Fund: 1.587.114 1606 081 TOTAL CHARITY FUNDS Approved by the Ttwiees on 16 Octot£r 2024 signed on their behalf Trustee Trusiee SIR JOHN EN'ELYY'S CHARrrY OTES T THE ACC OR THE YEAR Ehl)ED 31 D CEMBER 2023 ACCOUNTtNG POLICIES Basis accoiintin These accounts have been preparal UEwJer Ihe hiNorical Cost conveT2tion wth iiems rtcognised at cost or transaction vaJu¢ unltss othenvise sta*d in the relevant note5 10 the accounts. The financial ststements have been prepared in accordance with the Statement of Recomrntnded Prathiee: Accounting and Reporting b) Charities preparing their accounts in accordance with The Finallcial Re￿)rtIng Standard applieable in the LIK and Republic of Ireland (FRS102) (appli¢able January 1019) aThJ the Financial Reporting Sknd&rd applic4ble in the United Kingdom and Republi¢ of Irel8nd (FRS102) 2nd the Charities act 2011. The trll￿ constitutes 4 public ￿Ther1t entity Is defined by FRSIO2. Thetrusthas appli¢d wlate bullain l and doesn￿ includeacash flow statement¢M thegrounds that il is applying FRS102 Section IA. The finallc1￿ ststcmentsare presented in swlingwhich isthe functiona] currency ofthe charity. The trLEs￿e$ ￿nsider that tjm are no rnateria] uncertairrties about the ¢harity's ability to COt]tinue as a going concern as the Charity hol(ts suffictent fund5 to secure its imtn¢diate fi]ture for the ne￿ year. The financiat ststrmentsaretherefore p￿Pared tsn a going conctm basis UTMler the histori￿1 cost convention rnodified to include quoid investments at market value. Reso ITKomin l income is recognised once the charity has entiilem¢nt to the ineome, it is probable that th¢ iTKom¢ Iwill be receivd and the aTnouni of income receivable ean be measurcd r¢li&bly. IT]vesthient inrotneis recogni￿1 onceihedivide#dorintere5t has lyeen declar&1 and notification h&s beell received of the amount duL Thi5 is nonnally urK>n notifie4tion by Dur ll)vestment adviser of the dividend yield of the invesrmeth ponfolio. Iniere5t on any bank ￿cOuntS are included in the Statemetrt of Finan¢ial Activities when received. nditu ition LiabiliiiES are ff¢ogTrised as expenditure as s￿n &$ there is a legal or con5tru¢iive oblÈgation ¢ommittÈngthe charity to that eX￿￿]I￿re. li isprobablethatsettlement will be required and the amount of the obligation measured reliably. All expenditure is accoLmted for on an wuals blsis and all amounts itKlud¢ attributsble VAT which is irrecoverdble. Grants payable are paymEnts made to third parties in the furtherance of the charitable objective of the charity. Expthditure on grarns is recognised when the payment is appmvoj by the triistees. {12} SIR JO VELYY'S CHARITY NOTES TO THE ACCOIIF4TS FOR THE YEAR EiIDEDJI DECEMBER 21J23 Contd ible Fixed Assets and De Tan£ible fixed assets are stated at C05t Its5 ac¢umulat¢d deprecialion. Depreciation is provided at rdtes ￿]CUlated to ￿te off ihe CO￿ of each as5ffl over its eX￿Cted useful life. The rates sed are as follows". Fixture& fittings & equipm¢nt 15(A* straight line Pixed Asset Investments Invesiments are a form of basic financTal instn]m¢nt and are inirially recognised at their transaction Yalue and subsequently rneasured ai theirfair valtse as * the balart￿ sheei date. The Statement of Fin8n¢ial Artivities includes net gain5 and losse5 aTising on revaluation 4nd disposals throughout the)'ear net of intrestsneni management costs. The portfolio investments are Yalued using the closing qUOEtxI maJ*et price given to the charity by investment adtrisers. All gain5 and losses are taken to the St￿ement of Financial Activities ￿ they arise. Reaiised gains and losses on investmentsare ¢alculaied as the difference beNeen sale proceeds and theiT openin¥ carTring value or their purchase N'alue if acquir¢d 5ub5cquent to the first day of the finaneial vear. Unrealised gains and 1055es are calculated as the difference between the fait value ai ihe ytar end and their Ca￿￿1ng i'aluc. Realised and unrealised investment gY4ins and losses a￿ combined in the Ststemeni of Financial Activities. Funds Structure The funds of the chartty constst of art End0￿￿￿ent Fund and an Income Reserve Fund. The Endowment Fund relates to mi>nies which hal'e been giTren to the Charity in trust with the Yestridion ihat ihw are held as capithl with the ineome generated from Ihem io be used for the purp05es of the Charity. The income is travSfery￿ to incolne re5ervB tach year. The In¢ome Reserve Fund Telates to in¢(rfne whi¢h is a%'ailable to med the tsenerdl objectives of the Charity. These funds ar¢ unrestricted funds which are avaslabl¢ for use ai the di%retion of the irustee5 the furtherdnce of the genernl objeclive5 of the Charity and which have not been designated for (rther pwpxs. UnrestriLted funds Include designated ￿[KiS where the tnIste￿ at iheir disc￿tion, have creaied a fund for a specific purpose. Debtor5 are rccogni5ed ai the settlement amouni due after any trade discounts offered. Prepayments are valued at the amowit of any trade diseounts due. Cash at bank and in hand Cash ai bank and c&sh in hand includ¢s and short ¢¢rm highly lucraliN'e assets Mqth 8 shon mathitty of 3 monlhs or less from the date of acquisition or opening of the deposit or similaT account. (13) SIR JOHf* EVELYli'S CHARITY TES TO THE AC INTS FOR THE YEAR ENDED 31 DECEMBER 2023 Cont LEGAL STATUS OF THE CHARITY The Charity 15 UniT￿O4￿rated and was fiJndeAI by a Deed of Gift dateJJ 27 Mareh 1749 and h&5 been govern￿ by a schem¢ of the commissionets since 7 April 1992. Endownent Funds 2023 Total Funds 2023 2022 GIL4NTS PAYABLE Grar]t5 payabl¢ Armada Community ProjKt 7aida Florian Mcmillan Communaty Herb Garden9.835- Twinkle T￿￿t K Cowburn re Easter Play￿h¢M¢ Hardship grants to individua]s COIF interest payable to Si Nicholas aTKI St Luke's 5.451 5.475 9,825 5.500 5.(N)O 4.758 5.451 5,475 9.825 5.500 5.000 4,758 508 506 517 36 DIRECT CHAIUTABLE ACTIVITI Payments io pensioners Pensioners outings and n]eals Volunteer worker's expens¢s 8.295 8.470 8.295 8.470 6,980 752 675 ND SLPPORT OSTS Office salaries and Nl contributions lrtsurance R¢pair% and mainienance Cleaning 5ervice5 Office expenses 4?.657 254 1281 1.600 680 42.657 254 1.281 1.600 680 40.815 353 1.290 1.600 Telephone Sundry expenses Depreciation on office equipmem 1,061 100 107 936 107 33 The salaries and Nl contrib￿10￿$ relate kn the Clerk to the trustees, to whom the tnjstees have given r¢5POI]5ibility for the day to day rnnning of the tharity. atml whose time rela￿ rnainly to charitable a¢tiwi¢i¢s. VERNANCE COSTS Lesal aTMI profe&si(Mial fees Accountsn¢y Indep¢T￿ent Examiners fees 6.935 1,728 1.728 (14) stR JOHN EVELYN'S CHARITY YOTES TO THE.4CCOUNTS FOR THE YEAR ENDED31 DECEMBER 2023 Contd TANGIBLE FIXED ASSETS Fixture5 Fittin ui Cost Ai l January 2023 2.465 Addiiions during the year 490 At 31 D￿eMber ?023 r¢ciaiion At l January 2023 2,309 Charge for theyear 107 At 31 Dccembtr 2023 Net Ix)ok value At il December 2023 At 3 l December 2022 FIXED ASSET INVESThIENTS 20?3 202? 2022 Income Endowment Totsls Enth)wment ToTals ovements in rtfolio of listed Investments Market value at l January ?02i Income ret31r￿￿{rep1idj Additio￿ at cosi Net (105sllgain on investments Tret of management costs (sre below) 277.668 6.756 1333.987 ?611.987 6,756 311,552 4.927 ? 533,209 2.844.761 (1.573) 3.i54 80.4(hS 38.811 197649 At 31 Decemb¢r 20?3 295 453 414.39) ? 709 846 277668 2333 987 )611655 Portfolio Brewin Dolphin 295 453 414.J93 2 709.846 277668 2333987 26119 All invesun¢nts are carried at their fair value. Management aTMI other ff¢s hav¢ been deduthed froTn the ￿￿0110 valuations totslling £43,266 (2022 £i7.6071. (15) SIR JOHN EVELYJ'S CHARITY NOTES 10 TH ACCOLYTS FOR THE YEAR ENDED 023 Contd ANALYSIS OF CHARITA FUNDS Gains and Iiiwme Transfer5 IA)$5¢5 Fund Glf b/f Pernianent Endowment Fre¢ Unrestric*d Fund 2J33,987 1606081 69.066 (69,066) 69.066 80,406 2,414J93 Il 029 1587 114 Totsl 106326 91 435 4001507 ANALYSIS OF LE FUNDS- PREVIOUS YEAR Balance blf Gains and ITtcome ￿dilUre Transf clf Perrnanent Endomqnenr Free Unrestriixed Fund 2.533.909 1 218 7 77,809 415433 (79.383) (197.649) 2 J33.987 L2L£LLI 1606 081 Total 493 3 751909 ￿42 3 940 068 10. ANALY NET.4SSETS BEnVEEN FUryDS Endo*meni Funds Inctsrne Funds Funds Fixed Assets Inyestrnents Nd Curreni Assets 539 295.453 1291 1?2 2.414.i93 2.709,846 1291 122 414393 1587 114 4001507 TRUSTEE'S REMUNEIL4TION AND EXPENSES Noimst¢¢$ T¢r¢i￿"¢d ￿mUneratIon from the Charity in this year orthepre¢alingyear. 3 trustees received a total of £75 eX￿nSeS from the Charity in 2013 (?0?2 . £nil). 12. RELATED PART]ES There are no related party transarfions which require disclosure.