UEENS corrAGES ALMSHOUSES Trustee's Re The Almshouses were built in 1897 in celLJbration of Queen Victoria's Jubilee by donations and land gift to house singlelwidowed women originally who were experiencing hardship. All applicants being residents of Heacham for at least 2 years and not being of ill health. Over the years the properlies have been updated and renovated to maintain their standard, although because of shortage vf funds ther8 have been times when some properties fell in disrepair. In 2023 one property was vacated by a g?ntleman who developed Alzheimers and left debts and also the property in very poor condition. In 2024 it was left to the 3 remaining Trustee's to get this property renovated instead of it standing empty and not habitable. This was completed in April 2024 and a new resident was installed. In January 2024 another resident vacated and the Trustee's decided this was the ideal time to renovate this property and a new resident took up occupation in May 2024. This br()ught Ihe full occupation to 5. The total cost of the renovations during 2024 was £42.621. The income from Weekly Maintenance Contribution (also known as Rent) for 2024 was £21828 but from 2025 onwards we expect this income from (WMC) to be around £25,000 per annum which should be sufficient to meet any further needs for the foreseeable future. We have a strong healthy Bank balance of £81,863 as at 31 Dember 2024 plus investments of £57,321. Early in 2024 Stephanie Smeetun resigned as a Truslee which left 3 Trustee's.- Delia Edwards, Peter Sutton and Caroline PisKrJrn.' It was felt by the remaining Trustee's that at the first opportunity we should look to appoint at least one more Trustee. utton on behalf of he Trustees Date
Company registration number: 00225782 QUEENS COThAGEALMSHOUSES Unaudited Financial Statements For the year ended 31 December 2024 James Johnson & Co Ltd, Accountants & Tax Advisors 7 Peddars Drive. Hunstanton, Norfolk, PE36 6HF, United Kingdom
QUEENS corfAGE ALMSHOUSES Unaudited Financial Statements Year ended 31 December 2024 CONTENTS PAGE OffKers and Prot8ssional Advis8rs Directors Report Accountant's Report Incomg Slalgmgnl Sialement of Flnan¢ial Posllion The followlng pag do nol k•rn) part of the flnanclal statements Othailed Income Slal&menl
QUEENS COTtAGE ALMSHOUSES Officers and Professional Advisers Year ended 31 December 2024 Director Mr Peter Sutton Registered offr 5 Stachan Close Heacham Norfolk PE31 7SB United Kingdom Accounlant Jamos Johnson & Co Lid Accountants & Tax Advisors 7 Peddars Drive Hunstanton Norfolk PE36 6HF Uniled Kingdom
QUEENS corfAGE ALMSHOUSES Director's Report Year ended 31 December 2024 The director presents the rewrt and the unaudite(I financial statements ol the company for the year ended 31 December 2024. DIRECTORS The director who served the company dufing the year was as lollows.. Mr Peter Sutton SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the smail companies exemption. Mr Peter Sullon Director
OUEENS COThAGE ALMSHOUSES Report to the director on the preparation of the unaudited statutory financial statements of QUEENS corrAGE ALMSHOUSES Year ended 31 December 2024 As described on the statement of tinancid F(SSition, the Board ol Direclors ol QUEENS COAGE ALMSHOUSES are resp)nsible for the preparation of the financial statements lor the year ended 31 December 2024, which comprise the income statement and slal8menl of financial position. You consider thal the company Is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have Compiled these unaudited financial statemènts in order to assist you lo fuvil youf slalulory responsibililios. from ihe a(munting records and from information and explanations supplied lo me. ' James nson & Co Lid ounianls & Tax Advisors Peddars Drive Hunsianlon Norfolk PE36 6HF United Kingdom
OUEENS corrAGE ALMSHOUSES Income Statement Year ended 31 December 2024 2024 2023 Other income 25.906 19.176 Other Charges (Lossyproflt 152,3211 126,4151 16,599) 12,577
QUEENS corrAGE ALMSHOUSES Statement of Financial Position 31 December 2024 2024 2023 Current assèts 131.833 158,248 Net current a88et8 131.833 158,248 Totsl assets less current Ilabllllles 131.833 158,248 C8pItsI ond roservos 131,833 158,248 NOTES TO THE FINANCIAL STATEMENTS 1 1 General Informatlon The company is a private cornpany limited by shares and is registered in England and Wales. The address of the registered offic& is 5 Stachan Cbge, H8acham. Norfolk, PE31 7SB, Unitad Kingdom. 2 Avernge numbèr ol ernployees For the yèar ending 31 Dècember 2024, the company was enti11 to exemption from audit under sectlon 477 of the Companies Act 2006 relating to small companies. Director's responsibiEities: The members have not required the company to obtain an audit of its financial statements lor the year in question in accordance with section 476. The dirgcior ad(nowlgdges their responsibilities k>r compIng wth th8 requirements of th& Acl with resp8Ct lo accounting records and the weparation of financial slat8m8nls. Thes8 financial slalemenls have been prepared in accordance with the micro-enlity provisions.
QUEENS COThAGEALMSHOUSES Stalement of Financial Position (continued) 31 December 2024 Mr Poter Sutton Director Company l$tratIOn number: 00225782
OUEENS COThAGEALMSHOUSES Detailed Income Statement Year ended 31 December 2024 OTHER INCOME 2024 2023 Rent receivab18 21.828 18,883 DNid8nds from participating interests Interest on bank deposits 3,710 293. 25,906 19,176 25,906 19,176 OTHER CHARGES 2024 . 2023 Ralas 347 Light, heating and power Printing. poslage and statK)nery Accountancy18es General insurance 957 180 180 755 760 Repairs and maintenance Cleaning Subscriptions Sundry expenses 42.621 4.282 5.875 297 23 1,289 52.321 6,599 {Loss)Iprollt 126,4151 12,577
Company registration number: 00225782 QUEENS COThAGEALMSHOUSES Unaudited Financial Statements For the year ended 31 December 2024 James Johnson & Co Ltd, Accountants & Tax Advisors 7 Peddars Drive. Hunstanton, Norfolk, PE36 6HF, United Kingdom
QUEENS corfAGE ALMSHOUSES Unaudited Financial Statements Year ended 31 December 2024 CONTENTS PAGE OffKers and Prot8ssional Advis8rs Directors Report Accountant's Report Incomg Slalgmgnl Sialement of Flnan¢ial Posllion The followlng pag do nol k•rn) part of the flnanclal statements Othailed Income Slal&menl
QUEENS COTtAGE ALMSHOUSES Officers and Professional Advisers Year ended 31 December 2024 Director Mr Peter Sutton Registered offr 5 Stachan Close Heacham Norfolk PE31 7SB United Kingdom Accounlant Jamos Johnson & Co Lid Accountants & Tax Advisors 7 Peddars Drive Hunstanton Norfolk PE36 6HF Uniled Kingdom
QUEENS corfAGE ALMSHOUSES Director's Report Year ended 31 December 2024 The director presents the rewrt and the unaudite(I financial statements ol the company for the year ended 31 December 2024. DIRECTORS The director who served the company dufing the year was as lollows.. Mr Peter Sutton SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the smail companies exemption. Mr Peter Sullon Director
OUEENS COThAGE ALMSHOUSES Report to the director on the preparation of the unaudited statutory financial statements of QUEENS corrAGE ALMSHOUSES Year ended 31 December 2024 As described on the statement of tinancid F(SSition, the Board ol Direclors ol QUEENS COAGE ALMSHOUSES are resp)nsible for the preparation of the financial statements lor the year ended 31 December 2024, which comprise the income statement and slal8menl of financial position. You consider thal the company Is exempt from an audit under the Companies Act 2006. In accordance with your instructions I have Compiled these unaudited financial statemènts in order to assist you lo fuvil youf slalulory responsibililios. from ihe a(munting records and from information and explanations supplied lo me. ' James nson & Co Lid ounianls & Tax Advisors Peddars Drive Hunsianlon Norfolk PE36 6HF United Kingdom
OUEENS corrAGE ALMSHOUSES Income Statement Year ended 31 December 2024 2024 2023 Other income 25.906 19.176 Other Charges (Lossyproflt 152,3211 126,4151 16,599) 12,577
QUEENS corrAGE ALMSHOUSES Statement of Financial Position 31 December 2024 2024 2023 Current assèts 131.833 158,248 Net current a88et8 131.833 158,248 Totsl assets less current Ilabllllles 131.833 158,248 C8pItsI ond roservos 131,833 158,248 NOTES TO THE FINANCIAL STATEMENTS 1 1 General Informatlon The company is a private cornpany limited by shares and is registered in England and Wales. The address of the registered offic& is 5 Stachan Cbge, H8acham. Norfolk, PE31 7SB, Unitad Kingdom. 2 Avernge numbèr ol ernployees For the yèar ending 31 Dècember 2024, the company was enti11 to exemption from audit under sectlon 477 of the Companies Act 2006 relating to small companies. Director's responsibiEities: The members have not required the company to obtain an audit of its financial statements lor the year in question in accordance with section 476. The dirgcior ad(nowlgdges their responsibilities k>r compIng wth th8 requirements of th& Acl with resp8Ct lo accounting records and the weparation of financial slat8m8nls. Thes8 financial slalemenls have been prepared in accordance with the micro-enlity provisions.
QUEENS COThAGEALMSHOUSES Stalement of Financial Position (continued) 31 December 2024 Mr Poter Sutton Director Company l$tratIOn number: 00225782
OUEENS COThAGEALMSHOUSES Detailed Income Statement Year ended 31 December 2024 OTHER INCOME 2024 2023 Rent receivab18 21.828 18,883 DNid8nds from participating interests Interest on bank deposits 3,710 293. 25,906 19,176 25,906 19,176 OTHER CHARGES 2024 . 2023 Ralas 347 Light, heating and power Printing. poslage and statK)nery Accountancy18es General insurance 957 180 180 755 760 Repairs and maintenance Cleaning Subscriptions Sundry expenses 42.621 4.282 5.875 297 23 1,289 52.321 6,599 {Loss)Iprollt 126,4151 12,577