# **THE JOANNA COLLETT CHARITY Registered Charity No: 226584** # **REPORT AND ACCOUNTS FOR THE YEAR ENDING 31ST DECEMBER 2024** **Trustees:** Rev’d Susan Atkinson-Jones (Chairman) Pam Temple (Secretary) Anne Ireland (Treasurer) Rev’d Michael Gentry Paul Gosling (to 21st April 2024) Philippa Rooke ## **Address for correspondence:** Pam Temple The Joanna Collett Charity The Granary 5 Home Farm Hawstead Lane Orpington Kent. BR6 7GJ ## **Objects** The objects of The Joanna Collett Charity are to provide funds for the repair and maintenance of the St. John chapel and Collett family tomb in the parish church of St. Martin of Tours, Chelsfield, Kent, and thereafter for the repair and maintenance of the church and churchyard of the parish church. In 2003 the charity was merged with the Bell Rope Charity through a scheme agreed with the Charity Commission, and a further object resulting from this merger is to provide grants to St. Martin's church for the maintenance of the bells and ropes. A fourth object is to provide relief to the poor of the parish of Chelsfield. In November 2021, as a result of a resolution by the Trustees of The Colegates Charity, registration no. 210683, that charity was wound up and its funds transferred to The Joanna Collett Charity, on condition that they be used for the relief of the poor in Chelsfield. These funds are shown as a restricted fund within The Joanna Collett Charity accounts. 1 ## **Activities and Financial Results** Income is derived from the rental of a freehold house, Osbornes, the rental of freehold grazing land and from income from investments. Reserves are accumulated in order to provide grants to the PCC of St. Martin's church for eligible maintenance as required. No grants were made in the year, but the Trustees have authorised a grant of up to £75,000 in matched funding for the church’s Spire Appeal. Following delays in the timing of the spire repairs, the trustees anticipate that the grant will be made during 2025. The charity's general income in the year totalled £25,871 (2023: £23,912). There was a surplus of income over expenditure of £2,652 (2023: £15,366) before accounting for an unrealised gain in the valuation of investments. There was major expenditure on repairs and maintenance to Osbornes including repointing by a specialist firm, a new boiler and repairs to windows. A grant of £500 from the restricted fund was approved by the Trustees for a parishioner in financial need. The ownership of Osbornes and the grazing land by the charity pre-dated the Land Registry. The trustees instructed solicitors in early 2024 to apply for first registration of the charity’s freehold property, and have provided them with evidence of continuous ownership since the charity’s foundation in 1731. Delays at the Land Registry have meant that this had not been processed by the year-end. It is hoped that confirmation of registration by the Land Registry will be obtained in 2025. Signed: 9th September 2025 2 ## Independent examiner’s report to the trustees of The Joanna Collett Charity I report to the trustees on my examination of the accounts of The Joanna Collett Charity (‘the Charity’) for the year ended 31[st] December 2024 ## Responsibilities and basis of report As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). You consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed. I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## Independent examiner’s statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: ## _Steve McCann_ Stephen McCann FCCA 3 Oxenden Wood Road Chelsfield Park Orpington BR6 6HR 25.Auguat 2025 3 **THE JOANNA COLLETT CHARITY Registered Charity No: 226584** ## **ACCOUNTS FOR THE YEAR ENDING 31ST DECEMBER 2024** ## **GENERAL INCOME AND EXPENDITURE ACCOUNT** |**2023**
14,316
3,420
3,430
196
2,550
23,912
7,242
893
350
61
8,546
15,366
601
15,967
**2023**
0
0|**INCOME**
Osbornes rent
Grazing rent
Charities Deposit Fund interest
COIF Investment Fund dividends
Redwood Bank 1 year bond interest on maturity
**EXPENDITURE**
Osbornes repairs and maintenance
Osbornes insurance
Legal fees re first registration
Bank charges
**SURPLUS FOR THE YEAR**
Unrealised gain on revaluation of investments
**SURPLUS OF INCOME OVER EXPENDITURE**
**RESTRICTED ACCOUNT**
Grant to parishioner
**SURPLUS / (DEFICIT) IN YEAR**|**2024**
14,952
3,620
7,100
199
0|**2024**
14,952
3,620
7,100
199
0|



|**2024**| |---|---|---|---|---|---| |||22,257
902
0
60||25,871




23,219|| ||||**2024**||| ||||||2,652
162| ||||||2,814| ||||||**2024**
(500)| ||||||(500)| 4 **THE JOANNA COLLETT CHARITY** ## **ACCOUNTS FOR THE YEAR ENDING 31ST DECEMBER 2024** ## **BALANCE SHEET AS AT 31ST DECEMBER 2024** |**2023**
450,000
50,000
7,144
133,629
54,849
1,823
(1,050)
696,395
500,000
193,389
3,006
696,395|**NET ASSETS**
Freehold property - Osbornes
Freehold property - grazing land
C.O.I.F. Investments - at valuation
Charities Deposit Fund
HSBC Current Account
Debtors
Creditors
**REPRESENTED BY**
Property Fund
General Income and Expenditure Account
Restricted Fund|**2024**
450,000
50,000
7,306
160,916
29,631
1,997
(1,141)||**2024**| |---|---|---|---|---| |||||| ||||698,709|| ||||500,000
196,203
2,506|| ||||698,709|| ## **ACCOUNTING POLICIES** 1. Freehold property The Trustees consider the valuation of the freehold property reflects market values at the Balance Sheet date. ## 2. COIF Investment Funds COIF charities investment funds comprise income units which are revalued by COIF at the Balance Sheet date. ## 3. Restricted Fund Funds may only be used for the relief of the poor of the parish, in accordance with the conditions under which the donation was received from The Colegates Charity. ## **Signed on behalf of the Trustees by:** Dated: 9th September 2025 5