REGISTERED CHARITY NUIRV¢: 22990B
ofth•T
uditod Fina
lorthB Ywr
b•T 2024
Drumrnond
Al
1 Ftsr5t81 Ro
Ayl8sford
ME20 7AU

forth• Y•ar End8d
P•go
Roport ¢1 th• TI￿t
1 to 2
Statom•ntof Flnancial Acllvllle•
8a￿nCesheeI
6 to 11

ook & Drumrnon
hous
• Y•arEn
r20
Thg tru9t88s preyenl tsr report with the flnarri81 statemonts of the charty for the ytsar •nd8d 31 De￿rnber 2024. The
trustse3 have &Jopt8d the provisi￿8 of AccL)unting and Reporb"tvJ by ChariUe8.' Ststernent of Recommended Practice
appluble to ¢h8ritte3 preparing their accounts in 8ccord8nce with the Finanaal Repotting Standard applrablg in the UK
and Rwblic of Ireland IFRS 1021 l8ff•clNè 1 January 20191.
OBJECTIVES AND ACTIVm&8
Oblecttve8 and alms
Th8 charity was fomwd to ￿d8 low cost hO￿Ing for F>)or F¢fBon8 who aTO not1088 than $W ￿ year8 014e and
who We￿ bom In. or have b88n An Inhabltantfor not than ten years of, the Parish of SntrJl8tsd. Kent
The tru8tea$ have pskl due regard to guidan￿ bswj by the Charty Commission h deathro 4vhAt a¢Jvlkn lh• chaiity
Should und$rtake.
Publlc bgnofft
In Managi￿ charTty* advlleB and finances durtng th& finardal yt8r, thè Irustaets ￿Te wmfe, And had duè r•g¥rd
to, th• Charty Ccfflml881)n's gu￿AnC• on publ1¢
ACHIEVEMENT AND PERFo￿NcE
CharllAbl6 actEvlU•8
The truste8s are happy to rnport Ihat thè Eustac8 Hcd( and Drummond Alm8houses Trust 18 8UII vary mud) an onoolng
concern. A building Insp&¢Oon was cathed out In 2024 %Mlh only a few minor r802mm8nd8Uon8 rpportsd.
Variou3 1¥8ues ￿re found vAth extem&l 8tmW0￿ In th& Drummond bloth and repolnllng was carried and thg "I￿U
r8 T&8olved. Th& guttws wor& deared and any rninordefocb were repalred as rgq(wtsd by th& 8uNwr.
Tho r9￿￿1¥hMent of kltthons and room918 S￿11 on how a8 lh• rI￿dents ¢1 th• thl threè flats Still hawa nowh8r8 to
stay dudrrfJ th• work. A8 most ol tho resldents ha￿ been In th￿r flats for a fow ￿r9 th• tru9ts88 lèl that a Iyan for
Intsm81 dao¥8tiro to bg inat'gatsd during 2025 and Ihls18 In proceBg ol being c8rri8d OUL
Tho Tntyf$ a¢¢ounl• arp Jtabkn and in a good condltion aTrJ ￿1 Ilat8 are ocCUp￿d and rnalnt8nanc8 chArg88 pal
regularfy.
Hopofvlly th& TN81 ￿￿11 go cfi for many yFars to come.
FINANCIAL REVIEW
Flnanclal posltlo
Duriro the yeAr •nded 3181 D8¢ombw 2024, IM tharty o)IlectsJ cothbulbnB trom reBldents towarth the maint•n8nc
ol the 8lm$h)LW 8m¢unting to £45,073 {2023.. £44,367) and generated other investmont Incom& of £13.333 12023..
£11.2911. Th8 total Incom& was £58,406 12023.. £55.8581 And of that 8mount £28.448 12023., fA7.9401 wa8 expended
Iving o surplus of £29,958 12023.. suWu8 of £7,718) tor ￿ ye8r b&foro mowment$ on In￿￿ents of £5,695 8urplu$
I2￿13.. 8urplus 01£5,8571.
ThIB unrea118ed 8urplus of £5.69S12023.' surplu8 of £5.6571 w88 f8¢x)gntyed in rwe¢t of the thartty8 IT8tsd Inv05trnant
portlollo during tre year. T￿re no reallsed galn8 OT l)sse3 durkng the ye8r12023'. £nlll.
Th• ovor8118urpluy forth8 yearwaB £35.65312023'. SU￿luS of £13,375).
A8 •t 31st D•c￿ber 2024, the ch8rfty8 total emounted to £378,29)12023.' £340,637).
The tru9tee9 a8sessod the malor rfgk8 to ¥thlc* th& c*•rty 1$ oxpoe•d 8nd are sal8fjed that $￿tern9 are In place to
mltigat• •W$UTe lo the rngior risks.
Res•pns pollcy
It Is the pollcy ol th8 tharity to ummatsty malntaln Yr80' rn98N89 IbdrrfJ Ihat alémant of Unra￿￿#d fiJnd¥ which
not fvnding fixexl ags•tsI of at I￿t on• yoals m81nbn8nc8 tx)ntdbuti¢n8 upffted to cover antiapaled expenditur• for th8
following year.
As at 31st D8cemb9r 2024 tha frea res8Nes of the c*tarty 8mounhl to £181,261 12023.. £180,333). The trusteas
eonshler ihe do3lrYJ bvol (Wng roughly ￿u￿alent to 612023.. 51 years of wnning o)stsl 8nd growth of free regerves to
be adequate, allowing for unplanned exFenditure.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Govemlng docum•nt
Th8 Is ￿ntrOlled by its gowming dtrwmort a de&a of1r￿t 8T￿ ¢￿sti￿jteS an uninccworated charity.
Page 1

al
Almsho
for
Y•ar Endèd
10ecember2024
REFERENCE AND ADMINISTRATIVE DETAILS
R•gi¥t•red Charfty numbor
2299)8
Prfnclpal addr•
27 Hollow Lar￿.
SnodlaTh
Kent
E8 5LP
Tru$tQe8
DrA AshtEe Chair
S WG Kingsbury Trttsta&
Ms S L Shaw Trustee
M$ VTipp Trustee
Ms S Hellyar Trustee
Ms A Cob$ Trustee IreswJn8d 5.1.241
P M Hl¢kmott Tnjstee
D Toinwtt Tw$t¢e laFpointed 13.6.24}
IndopendgntExamlner
A M Reld FCA
McLean Repj
Ch8rtered Aco)untants
1 Forstal Road
Ayl&sford
Kènt
ME2Q 7AU
Apmgj ty order ofthe board oftrustees on 7 hpril 2025 and sb3ned on its behafby..
M8 VTipp- Truytsg
Pag• 2

to thè TnMto88 01
AL-
Independent examiners rnportto th• ￿￿tEa* ol Eu•tace Hook& Drumrn(￿I PAemorlaJ Almshous•
I report to thè ¢hwity ￿te8s ca rny exarnThWI"¢J) of ts acoJLnts of ELthz Hock & Drumtnond NIern￿la1 Aknth)
{U* Tru¥t) trthe yearen¢knJ 31 DecAts2W24.
Re8pon8ibilitle8 and ba#1• of r¢ptsrt
As the charity trustges of the Trwt you are respcrth ffix th& weparaticffi (rf the ￿(￿mts ui 0￿0￿18￿8 with thè
requirements ofthe ChaFthsAct 2011 (Il* Adl.
I rem In re¥¢c* of rny ex&nNiaion of ts Tr￿f$ *?>￿18 rArt urmler Ser*oft 145 of A¢i and in carrying out
my examination I havB fc4bJ*vJ ￿1 t¥eLaicrn by Clwty Ccmlssp)n sodi￿ 14515Xbl of
Ind•pondont•x•mln•rf8 slAtsnMnt
I have cuweted rny examinaticffi. I that no rnatsrial rnatterB c4xro lo my In o)nneL*cfi ￿th
exam￿atiOn glvw me cA￿e to telth Ih8t kn wy matwial rw)
¢ountinq rwds wpre not wt In resFttt Of1￿ Tru* SeL*on 130 ofts A¢ or
the accounts do Th)t ac£ord wth recJJrds." or
thg *￿unt8 do Th)t with the aFWKable rw4Llr￿￿rts o)tK4mkvd Iho fDmi aTrJ o)ntent of a(>￿nts sat ¢ut
thg ChariO68 lAtt￿Jnts 8ThJ Reportsl R&3uLqtions othw Ihgn rty]utrmnt Ihat the acwunts 4
true and rnt a m8ttfjr c£effjkJwvJ 88 M Of￿
I ha* no concems and hawa ccrfne ￿ no Lts malte(s In ¢))n￿￿on wAth ts e￿nIn810￿ to 8tK*uld"
te drawn In reFKJrt in rthr to enable a pycw undernt8nthw oflh x¢)unts to te
A M Re*d FCA
McL•8n R•kl
Charter&J Acc￿nt￿
1 Forstd Road
Ayknford
K￿t
ME20 7AU
8 Aprfl 2025
P¥3

mon
Almshouse
sts1•m￿t of Fin
rthe Year End
1 Decernber 2
2024
UnrestTKted
fur
2023
Total
fv￿1
INCOME AND ENDOWMENTS FROM
DonAlkin8 aTrJ *cies
45.073
Inwslmenl Ir*￿￿8
13,333
11,291
Tolal
53,4ce
55.e58
EXPENDITURE ON
Charllxble 4¢tivifje8
Lr¥w cost housry
Tot*1
28.448
47.940
Net gth ￿ Inv68tmen
5,895
5.657
.NET INCOME
3S,653
13,375
RECONCIUATION OF FUNDS
Total fund8 bfwghl lon¥ard
340,837
327,282
TOTAL FUNDS CARRIED FORWARD
378,290
340,837
P494

rummond Momorial
Al
2024
Un￿$trthd
fiJnd$
2023
Total
fund8
ts8
AXED ASSETS
Inve8bnents
195,029
180,304
CURRENT ASSETS
Debtors
Cash al bank
1.141
183.749
1,128
1￿2.811
184.6
183.939
CREDITORS
Amounts f8lllno du8 wilhin on8 yegr
13.6291
{3.8cei
NET CURRENT ASSETS
181,281
180,333
TOTAL ASSET8 LE88 cl1RRE￿r LIABILITIES
378,290
340,837
NET ASSET8
376,290
340,837
FUNDS
Unrestricted funds
10
378,290
340,637
TOTAL FUNDS
378,290
340,637
Th8 finanual 8t8tem¢nt8 wère approved by Iho Board of TTUOtO&S and authortBed for 188ue on 7 Aprll 202S and were
slgned ¢n fts bdh&ll by..
A A8hb8a- Twst¢e
V T¥)p-ThJ8tee
The notes form part ofthese finawal statsments
Pap5

hou$6
Flnane
d 31 Dee•mbtr
for
ACCOUNTING POUCIES
Ba8h of prpparlng th• flnoncknl Statements
Thè finanoal stat8m￿ts of the charity, whi¢h Is a p&)lic b8n8fit enlty undor FRS 102, have b9en prepared in
accordgn¢¢ the CharfY&¥ SORP IFRS 1021 'AceounYn9 and Repo￿r￿ by Charitie8'. Stathent of
Rwnmended Pracbcè to charik5 prepariTrJ th@ir ¥counts In attordance wth the F￿and91
Rapoiting Stsndard appllcabb in the UK and Republ￿ of Ireland IFRS 1021 leffectiv8 1 January 20191,, Finanrial
Reporb"ng StsTrJard 102 Tha Financial Repotting Standard applicabkg in th8 UK and RewblK of Irdand. and the.
char￿8$ Act 2011. The ffinando18tgtements have been prepared vnder the historical cost ¢onwnbon. with the
oxc8ption of investments Vdhi¢h are ind￿ded at mathet valu8, as Modi￿ by th8 ravalu8Oon ol certaln assets.
No rnaterfal unrkrtalnt￿s that may ca81 ￿Qnth¢an1 (bubl ab￿t the AbiNty of th• ts)ntlnu8 88 a golng
¢on¢em have been thnuflad by tre t￿￿.
The charfty has taken advantag• of lh8 folknwThJ dlsck)sura 8xamptions In preparlrvJ thw finan0￿ 8tatements,
a8 Pomitted by FRS 102'Th¢ Flnancial Reporbro Stsndard applubl8 in the UK and Rapubl￿ of Ireland,:
th8 requlr•ments ofsection 7 St8tomenl ofcash Fl(AvB',
the requlrement ol par89r8rA13.17ldl,'
the requlrem•nts of PBra9raphs 11.42. 11.44, 11.45, 11.47, 11.4810llilll, 11.4818XfvI, 11.48(bl and 11.48lcl',
the requirements ol poragraph8 12.26, 12.27, 12.29lal, 12.29(bl and 12.29A',
the r8qulremont ol paragraph 33.7..
the requlrgmenl of paragraph 24lbl of IFRS e.
Ineom•
Malntenan¢> ¢oMlbuUons frorn rask18nts are recffjn180d a8 Incor￿ when reeaived by the tharfty.
Grants, donallon Incom& and kncome from InveBtsnont8 arg re¢ognLged r￿b￿.
Exp•ndltyr•
18xp8ndltur8 18 occounbs for an awuals baBls. ExpendlbJr• la to cml ¢xtsgorlgs ba••d on th&
amount attrbutsbb to that activty In th8 yèar. lffecoverable vat18 allo¢alod ag￿n8t related exp•n￿.
T•ngibl• flx•d I•￿1•
Tarylbl& fixed aBsets Ilndudlrg 8¢clal hou81ng properfesl ar• 8tatod at ￿8t The c4)81 of hO￿Ing PTCP8rtJ88
includ68 the following..
11. D•vebynent exFenditure. Induding major 8trucbJr81 Tafv￿lshm•n1 work8.
21. Amwnts equd to acqu*lU¢n and developyrnnt ollcx¥ane•8 recèNable.
Th888 costs arg elther tenned 'quali￿r￿j c08ts' for thè 8PPToved houglng 888odAtlon $thome8 and ar•
consklared for mtxigaga loans by apprcprral8 l&ThYlng 8ulhoritss, or are rnet out oltha th8rity'8 rtrserves.
The cogt of aqulrtng th8 chariV8 housSng land buikyings, ho￿￿r, o not included. Tile to the alm8hou88S
vested in the charity undeT th& t8mis of the trust de8d8 dated 30th July and 10th rnay 15N. the charfty
h88 therefor8 never In¢urrwJ any cost in acqulring its land and t￿ildI￿8.
Tha co81 of houslng and and buildings i* dopreaatsd over the Feriod to 2023. tho tru8tee8 CO￿￿10r thls to
t• 8 re8gonabk8 raffacbon ol the exFed8d u88fiJl Irf¢ oflh$ dpvekjprnent cost
Hov3lng ple￿rt￿? In thng￿e llxed a588ts yo￿aed at d￿Med e08t #t 181 January 2014.
Toxaoon
Th? d)8rity B exempt frcrn tsx on CharItab￿ Act￿1￿6$.
Fund aCCoun￿n9
Un￿8¢nCted *Jnds can b& u8ed in accordanc• witr c*aritable oblecbves atth¥ dinCret￿ of th8 Iruslegs.
Re5tdcted fijnds eAn only ￿ used for par￿￿￿8r reBtricted purposes within the objects of the charity. Re¥lr**
Arfgèwhèn 3pwified by th8 donor orwhen fvnds are raw lor paiticular restrlcied purposè8.
Furthereyplanathx ofts na￿Te 8tKI purposg ofeach fijnd is incfudad In n¢tsB to th& finaneA81 statements.
PaJe 6
Crjntin￿...

forthey
ACCOUNnNG PoL￿lES. conllnu•d
lrnpalmi•nt off￿1 a66•ts
At each rep￿tir9 date. the c*arty Te¥1￿￿ Ihe carryty Val￿ of ts t8ThJt4e assets to det￿In• wh8tFpr there 15
any indicatKJn that th￿ assets ￿ffe￿I an wnr4irn￿nt bss. W any su¢* exists. the recmrable
arncwjrrt Of￿ a¥se¢ k8eth8twJ In (Yderto d8tem11￿ theex*ni tsfthtr lrfaryl.
INVESTMENT INCOIE
2024
2023
Incomo cfi In¥mtrMnt hM*J
Dep¢81taccount interegt
7,￿1
8.272
6,510
4,781
13.333
11,291
IfrXEPENDEKf EXAAIINERS. REMUNERATThI
Th• *•Mlents 0￿11*8 f•0 15 £2,C¥l) P023'. £2.CQ)I.
TRU8TE&Y REhWNERATION AND BENEFITS
Th• ¥ery•l8ry [•# ts her wts￿ to £1.78912023'. £1,789).
There vMr• M trw*•s •4)Yo0s pg*Y fty tr* 5*or 31 DrKernt￿ ￿￿4 Tr)r th& y•Ar •rd8d
31
ol￿ARATIv&8 FOR THE STATEIIENT OF FINANCIAL ACTMnE8
Unrgglrfct•d
ftJnd8
IIICOME AND ENDOSWEPIT8 FIIOIA
[knatiC￿ aTrJ l•gao•s
44,387
In￿1￿￿1t Inccfft•
11.291
Totsl
55.85e
EXPENDtruRE ON
Ch*rltsbh aetivlllB•
Low o)st howryj.
45,940
Otr*r
2.C(JO
T*)t*l
47,940
N•tg8ix cn inve5tinert
5,657
NET wcome
13.37S
RECONCIUATION OF FUNDS
Totd fvnd5 Ixowt foNMTd
327,262
TOTAL FUNDS CARRIED FORWARD
340.637
P¥7
contknu*l...

Nol•• tr* th• Flnanelal
End•d 31
nttn
TANGIBLE FIXED ASSErs
Freehotd
property
At 1 January 2024 a￿1 31 D￿￿nber2l)24
. 538.178 '
DEPRECIATION
At 1 Jaryjary 2024 ortty 31 De¢xnber 2024
538,176
NET 800K VALUE
AI 31 Del￿￿￿ 2￿24
Al 31 D￿ember 2023
At thè bH￿nce she8t dats, ts Chanty prcpty ¢ontthgJ tsn121J23.' ton) (hdling unb. AJI ton un
were in use thmughcrtrt Ihtr yeortr the on& prhwè a• olthe charty.
o)stofacquiriw th8 thariws and buadtrv in lh8 •tth?.
Ttts to tho i1￿31f•￿ in ts chwty Lwbjer th 18rn5 of th8 tr￿t tjabj Y)th Juty 1￿10 and
10th may 1904. rjwity h88 Ihw•forp rebprln¢>JT&J o)st In wklng its Lgnd and bu&JlrvJ8.
FIXED A88Ef INVE8TMEiirs
inNe81ments
MARKET VALUE
At 1 January 2024
A¢*Jrfo
RevaluaOcfi8
180,304
9.030
Al 31 D¢cffi)ber 2024
195,029
NEf BOOK VALUE
Al 31 Lkntlryr 2024
195,029
At 31 DK*rtw2tr23
180,304
¢￿t orV8lUath￿ at 31 L)8c4M￿r2o24 by..
Valuat*)n h 2023
70.133
124.898
195.029
Lisbj w1￿$trn￿ 8r8 val￿d ai c4c*lry mhj mwk8t vakn at the bslarth sheot dth. the h15trfflc4 0)st of f￿ad
89gets 1nwstrr￿ts n £124.8￿ {2023: £115,￿).
Material In￿kn￿nts {&)n￿l5￿ rn than 5% of the share pJrtk4K) by vathl at the
sha8t dats ￿ere as fc4kths'.
ma￿etv81
M&G Chority MU￿. A&qet FuThJ AcuJmulatK)n Unrf
Blackrod( char￿8$ UN Eouty FurKI A A(XXrnULq￿ UnNs
BlaGkrod( Ch8riiM UN 8ond Fund APLK7Jm￿aticn Unfts
Blackrod( charit￿ UN Equity FuTrJ A Income
116,658
86,021
8,089
linwj...

Eu81Ae• Hook & D
fNth•Y
ed 31 Doc•rnber2
FIXED ASSET INVESTMEiifs • conlinued
BLqL*rct4( Charfties UN Bond A Irr£*M .
2W2
DEBTORS: AIAoupifs FALu1￿ DLE OIE YEAR
2023
Accrued Incc¢ne
Prwirnents
1.1(e
1,128
1.141
1,128
CREOITOR8: AIft)UIITS FALLINO DUE ONE YEAR
2024
2023
0th8rcrndtor8
3.829
3.￿6
10.
MOVEMENT IN FUNDS
At
31.12.24
A11.1.24
fuTrJs
Unro•trlct•d IUT
Generd lund
340,637
376,290
TOTAL FUNDS
340,637
376,29J
Ngt mownent wi ￿rK*s, Ir￿4￿1¢1￿ fc4kyrt.'
Incr4nirKd
Galns ar¥J
In
Unrv•trlcl•d fund•
G8n8r81 fund
128,448)
5,695
TOTAL FUNDS
58,4C
128.448)
5.695
35.653
Comp•rnilvH for mo¥•m•nt In l￿dI
Tran8kn
At
31.12.23
At 1.1.73
in fiJTrJ8
lthmtrlctsd fun
G8n8ral
a33ets fuvj
In¥BStm￿tfUTrj
O￿orfUnd
142.378
.20.105
(3,5621
12.027
{15.19SI
(2.19J)
160,333
186.127
15.195
2.150
180,304
327.tr2
13.375
340,837
TOTAL FUNDS
13.375
340,837
PaJ8 9
0)non￿d...

ASmshou8•
Notsslo th• Fknekl S
forth• Y•ar End•d 31
10.
IIK)VEMENT IN FLVIDS.
IrvxfflwvJ
kn fvnd8
Unre•trl¢tsd fvnd•
Ge￿ra1 fund
d asset8
Investrn8nt
Other fvrtd
49.288
(29.1831
{3,5821
20,105
13,S821
12,(Y27
115.1951
6.370
5.657
115.1951
147,9401
5,857
13,37S
TOTAL FIJNDS
147,9401
5,657
13,375
A currgnt yew 12 mcfitr* 12 mc¥th pc4kn IJ as fc41¢M
Tr8nyfevs
b8M*n
funds
At 1.123
In bjndb
31.12.24
Unrntrtct•d
G•n8ral fun
Fix&J ase•t¥ ftnd
Investment fvnd
Ot￿rIund
142,378
,758
13,W
12,IY27
{15,1951
12,1801
195.988
186,127
15.195
2,150
180,XJ4
327,282
49,028
378,290
TOTAL FUI
327.282
49,028
378,290
A ojrrnnt ￿ 12 mcth And y•w 12 morrtlw combh&J Mt mobwient In hcknad In tha abcw •
aB foll
Movèm8nt
nd8
Unr•8trktsd fund•
General fuThJ
Flx•d as8819 fLmd
Inve5tsnent fund
Other fund
107.ts4
157,6311
13,5821
$5,758
13,5621
12,027
115.1951
370
5.657
115,195)
114.
(76,388)
11,3S2
49.028
TOTAL FUPLIS
114.
(76.388)
11,352
49.028
Otsr fU￿j . t￿& Trlgts to a grant Ik¥t t8•tsJ in 21YM. w•$ bwry *Trtten (Jcr•m on o
8traight b85ig to 31$1 December 2023.
fixed as8éts.
Th• c*arity rnaintsiM r•a•r%es the tr￿%￿￿$ qngurè Fryer mabrtenarK• and
10
continua...

coHook&D
Almshouse
d M•mortal
al Statom•nts- ¢ontlnu8
forthè Year En
11.
RELATED PARTY DISCLOSURES
Note foureyplalns th8 rdatad parfls¥ tra￿88¢tkjn• In 2Q24 and 2023.
PèJ811