CTharityrrgi51rntI(￿ numb￿. 232743
Benenden Almshouse Charities
Ann￿1 Rqxrt FtnanLYal Stst¢ments
the Y¢aT Endal 31 tkcanEv 2tr24

Ben¢mden Almshouse Charities
Contents (continued)
R¢f¢Mc¢ and AdminisrMtstDdails
Ito2
3toS
Stat•nent of Trusttes Resp(￿SIbIlIti£$
IndePEnd￿t Audit￿< Rry
7t09
Ststementof Financial AL*iviue5
10
Balanc£ Shttt
Not&% to the Firtan¢1￿ Statanmts
12to20

Benendeth Almshopse Charltie8
RefeTrnee #thd Administrntive Details
ChAirn*
Rthin Dall￿ Holmes
Trustvs Tvho *rved In 2024
Rthin Da1￿ Holmes
Janel Beattie
Jthn Burhge
The Revd. David C¥•nman&r
Mary Cruse
Bl•ir Gullthd
Cdin Hlym
Ari8nwM Neve
Other Office
DeLKvah Jthkins Clak
Chirlty Reltstratlon Numbpr
232743
R¢￿tered onice
The Rttttyy
Th¢Gre¢n
Benenden
Cr*nt*(*
Kent
TN174DL
Bank•r4
Lloyds Bank pk
PO Box ICMJ)
CSU Charltrffi Pla
Charltth RL*d
Hompshire
SPIO IRE
The Charity B*nk Limittyj
Fc65e Hwse
182 High Stred
T￿l￿1d8¢
TN91BE
Audltor
Mannin8
39 Hi8h Stre
Battle
Easi Sussex
TN33 OEE

BeneDden Almshouse Charities
Reference and AdmiDi8trxtfve Detaib (continued)
Other Reference and Admlnistr*tlok Detslls
QuAMtty Surv¢yors
Daren Sill & AsKKiates
66 Hockers Lthe
Detlin
Maidstone
KENT ME14 3YII
Project M8nagemeMt
Logi¢ PM (N Baster)
Suite 15. MaidstC￿e Hcrt
Maid5¢on¢
KENT ME15 6AW

Benendem Almshouse Chgrities
Trustees, Rwort
The trust¢es present the4nnuwl rqKrf¢ tf8dher with the financial st•iemmts ￿da￿dItor¢ repm of the Charity ftr th¢
r ended 31 Decanber 2024. The financial sta*ments have i*¢rt prepAred in acojrdance with the accounling
policies stt out in the n(Acs to the financi￿ statrn￿ts and c(Thply with theth8riWs rruA ded and applicable law.
Constltutlo
The Charitthe Trust Was e*ablISh￿ ty • TnL4 Deed d•￿1 12 Jartuary 196D in iYd¢Y tty 8drninisty the Charities
formerly knowi as The Thlxn Charity The FrA)ffee Charity. The rnana8cmcnt of the Trug is the
resp)nsibility of Trusm ap￿inted f¢* their rdewit skills and approved by the Benenden Parith Council. ro8ah¢T
with an eX￿fficI0 Tr￿￿ee ￿]ng th¢ R¢¢ttr of Benwdffj.
Thechariry is r￿t￿￿* to hive re&YUL￿d trus*es with I range rf41FYqJri•teaThl Tr￿¢￿ry skill&
ObJectlveJ and a¢tlvltl
The principAI d>jed of the Trug 15 lo provid¢ in the fwm of NJm5hcwes fw pcw (* needy persons
with SL8nificsnt residents81 links to Benenden. The 08reed Prr4￿ C4%nprises 12 almshouses of var>in8 5iZ¢S to
provide accommodation f(r arrange of C￿1]fyIn8r¢sId￿
Followin8 the un5th¢dule41 WA￿11(￿ of 12 th4r41in8s at th¢ b¢8innin8 of 2025 signific￿1 number of applicants
with varying capacity needs m&de appli￿￿(￿5 ftr resid￿¢¢. Thi5 ¢XPBri¢n¢¢ Bive5 vuy clear evidence th
provision of new mcdem dw¢S1in85 W711 Ix srw8hi f(* owati(m early in 2026.
In 2024 following d¢tsiled spe¢ific¥iiw& Fund roisD8 achi￿1 firm by the sale of lind ￿ C8nham Homes by
receipt of £2milliL¥L from Canham5 as desi8naitsl contrlacw. kn land. fry them ¢0 c(ffis¢nK a ￿￿mercial proj￿ of
13 dMtllin8s.. And see￿dIY £495.c￿ was received #s a dMatiaL England to be followtd by a secc*Ld
inslalrnffll of £165.0fy) %th¢n th¢ almshouse proied Iw been rmplded.
Th¢sectiLm 106 agre￿￿ has been wYopri•tdy si8ned by the 3 rvrtlan¢ arml m￿dI￿ p4rtiesto this A8reancnL
It 1$ ex1￿d ihe alm$h￿se ￿0Jea *thi¢h bryan sile in F¢truary 2025 will ir cornplded in the sum
£2,312.1￿0 indudin8 12M(￿thS rd¢nii(ffl of a finAI in¢¥*nurt so it is expec*d ￿vr￿Ing will not b¢.

Benendeth Almshou* Charities
Trnstees, Report (continued)
Ob}edlw& slrntexia aMdAdiwiia
R¢vi¢w Policy ObJ¢¢¢ives
D¢velopment Pla
The AlMshc￿e SeaLr remainsexernpt frcffl th¢ Ri8ht enti11￿￿L
Lambert and FL¥¢er wve en88ged io pr￿Ide •s5istsnttduringthec(ffjtrnrt tendeJin8 pr￿¢&5.
A Prrieet Mana8er app)inied to rewestht the chvity in wlrxt meetin8s and m￿lIlY1n& progre55 for
onsite develcymenL ￿ert develqjmcnt ir8ins
The prerequisite Iwre•uw re]a¢inB to ecolvdy. ro*1 tree plaNin8 . fenein8 of r¢tain
encirclin8 Strip& thedetaild de5i8n irief and wcvariaii¢m by thedevel¢w over the
acceptability of the nullifieatirm of aBr¢emrni made ft* the draina8e of Sthrm w*ter fr(yn the near￿ Vere Mepdo
dev¢lopm¢n13nd ¢h¢ appointment of Canham Fk¥nes resulied in 5peedin8 up the Pr￿ bjt there renJain•J Stttion
106 condiiiws wjld be si8ned off ￿til Iwe 2024.
Volds
In the autumn the disabled ￿pani of3 Thun Cdts8es iBr*l Ivith her rd•iiLmS that the w•s wiable to occupy ihe
very small pMises os sin8le cttupanf and vK8ied. Ai the t¢ginnin8 of 2025 the r(cup￿t of 6 Feoffee Cthages
died after i brief illness. Mr Ha>Tran unden(K& a vuy rrfurbishm¢ni of ixth prani5¢5 and t￿h
premises were ready to c¢cupy ai the end of Marth.
It is di51indly that a third th￿1]in9 may b¢ w•cani in the4rin8of 202S.
bllc bettefit
In settin8 the charity's obiettives and Pl￿ning IU aaiVifi¢5 the Trtss￿ h•Y¢ 8iven considern11￿ io the Chirity
Commission Buidanct ￿ public benefiL
The irusttts eonfirm that they have ¢¥ffiplied with the rqulremthts ofxdion 17 of the Chariiies Aa 2011 ¢0 h•v¢
due rewd to the public t¢nefit 8uidantt published theChariryCunmiSsi￿ ftr EnS1w￿1nd Wale5.
Strn¢¢ure• iovern*J¢e ind m*M*8emeHt
Rl¥k MAp8gemen¢
The Trust¢¢5 have ¥ risk mana8anaJt strate8y whith c(npris¢5 ￿ IMgoin8 miew of therisks the tharitymay f•¢v.
the establishm￿1 of sys*ms and prttedures ¢0 miugAtr the identified risks: and the impIementhti￿ of prwedures
d¢signed to minimise any imp•Ll￿ thc tharity sh(wld those risks m￿¢￿1*115
This role is •lso covertsl by Mr HayTll8Th I￿% manyj a Br￿ d¢Jl of urg•tt pro8re5s of refi￿shment to
minimize the of void5.

Benenden Almshouse Charities
Trustees, Report (continued)
Fln&nf181 revltw
Pollcy oh reserves
The Trustees have resolved that their on80ing reserves ￿l1¢Y should be sueh 85ide from major ￿pital
developm¢nt. re5erve5 to ¢hc value of a minimwn of 2 years maintenano COntrit￿tIOnS should normally b¢
ring-feneed (o provide for loss of incorne in the whole Of one pr(4)erty plus the c05¢ of refurbishin8 2 vacant
acwmm(th¢ion dwellings simultaneously.
At the yeAr-end free reserves were £45.593 12023: £50.142). The currmt objective of a tsr8et for reserves of
£IOO,000 has not bttn met. b¢¢ausC 5at15fyin8 the condiLions of the detailed planning consent for the almshouse
building proieet has extended the prdiminary outlay over 8 longtr peri(xl ¢han cxpected. In part ihis glso irose fr¢yn
¢onsequeTh¢ial delay in receivin¥ pA)ment for the tsle of land to th¢ intended developer for the y1¢ of land for
commef¢ial developmeni. The trustees have miinlaind serisfaetory ￿ndS in A¢ccssiblc invtstments and other cash
holding& The mijwr re¢ommenditi￿s of quinqumnial survey did not revealed any 5ignifican¢ issues and the
pro8ramme of maintenance is being sprtsd over 3 ye4rs.
Trn4¢e5 have agreed 4 ¢apitalisRticn policy of Anythin8 over £SOO.
DIsclos￿re of lThfonMllon to iudltfjr
Each (rust¢¢ hjs t8k¢n st¢P5 that they oughi io have thken as 8 tru5te¢ in order lo make themselves iwore of any
relevwnt audit infc*mation 4nd to es(ablish that ihe charitys iudi¢or is 8￿re of that inform4t1¢￿. Th¢ trus¢e¢s
confirm that th¢r¢ 15 no r¢levAnt infom?aiion that they know of and of thich they know ihe auditcf 1$ Un4￿re.
The annual rew will be opprov¢d at the AGM by iheTrust¢es of ihe ch¥rity on 8th July 2025.
Plan$ for futur¢ p¢rlod$
Alms oNdk¢y oblert1￿s1orfy¢•pepe￿0￿*
Trustets
Two Trusttt5 have carried fc¢ward protract￿ and detsiled itsvolv¢ment in ihe process of reachin8 l>J¢h slructural
4nd financial llrrangem￿ts which have 5ubstanlially PT¢sented repeated barriers and they hav¢ proved successful in
minimizinB ihe Weniially mueh 8regier fte5 wthich could otherwise have Eeen payable to ex¢ernal professionals.
Mr Burbage has applied his most relevant ski115 and experience of project Developmeni gnd Quantity Surveying and
hi$ wmmitm¢nt has b¢¢n admirably pragm￿¢¢ in pro8ressin8 agreements with CanhAm Homes.
Mr Gulland a5 a recently retired senior partntr of his firn) of Solicitors and Chairman of National Almshouse
Association progressed arrin8an¢nts of joint maiters wilh skill aftd individually towards ¢kninin8 8 Homes
EnBland projK¢ grant.
TIV￿CeS have a8reed in principle to review the Tn￿(¢¢ body gnd Cl¢rk5hÈp when the project 15 complete. Key
matters will include the added adminisirAtive time 8rtd scope th*t a clerk will be asked to rnana8e for trustees of
larger organisiti¢￿ And the advancing ages of current irustees who in S￿ne Cases have no obvious successors or
deputy status. Continuity policy is necessary to relieve Mr Haym&n of dAy to day maint¢nan¢e by his own han(b and
¢ov¢r for hbs¢nc¢.
Pa8e 5

Benenden Almshouse Charities
Statemenl of Trustees, Responsibilities
The trusttts are responsible for preparing the tn￿ceS. report and ihe financial staiements in aLtordance with th¢
Unittd Kingdom AC￿)UntIng Standards {United Kingdcm Generally Accepted Accountin8 Praetiee) and appIl￿b]e
law and reBulations.
The liw applicable to charities requires the irusttts to prepare finonciil statements fv ra¢h financial yur which
give a tnJ¢ and fair vtew of th¢ 5¢8¢¢ of affair5 of the d)arity and of th¢ incoming resources and applI￿lic￿ of
resource5 of the charityfor th8t period. In preparin8 these financial sthtements the t￿$t￿5 are required to..
s¢lcct 5Uitable accountin8 poILCIC5 and thcn apply them ccmsist¢nily:
observe ihe mechods and principles in ihe Charities SORP:
make judgements and esiimate5 ihat are reasonable and prydenl
stsie whahff applicable accouniinB ￿andardS have be¢n followrd subject to any material d¢p•rtyr¢5 disc105ed
and explaind in the financid staiements; llnd
prepare th¢ financial ststements cffj Ihe 8oin8 conc¢rn bas15 unless li is inllpproprith to pr¢sum¢ th¢ charity
will continue in businc55.
The trustees are resp(￿Ible for keepin8 proper accounting records that di$clc6e with reasonable accuracy at any
lime ¢he financial position of ¢h¢ ¢h4rity and ¢nabl¢ ththn to ensure ihat ihe financial sr&tem¢nts eornply wi¢h the
Charitie5 Act 2011, the Charities {A¢counts and Rcports) ReBulAlions 2008, and ¢h¢ provisions of the ¢onstituiion.
The trustees are &lso responsible for saftguardin8 the issets of the charity 4nd hence for taking reasonable steps f
Ihe preventic￿ and deMI￿ of fraud and other irrryulariua.
The truste¢s ¥r¢ r¢5pon$ible for ihe mginien4ntt and ini¢srity of ihe corporate and financial IntsmatlL￿ includal on
lhe charitable eompangs websi¢e. Legislati￿ Bovernin8 the preparaiion and dissemina(ioJ of financial stdtemen
may differ frcffi legislation in other JurisdictiC￿5.
Approved by the trU￿ee5 of the charityon .
Si8ned co its behalf by:
Robi
lth Holmes
Chwirnipn ind Trustee
Pp8t 6

Benendett AIn￿O￿Se Charities
Independent Auditovs Report to the Memb¢rs of Buemden Almshouse Charities
OplDIoD
We have audited ihe financial statemcnts of Benenden Almshouse Charitits (the 'charity) fw the yur cnded 31
December 2024. *fiich cL%nwi5e the S￿lement of Finanaal A￿1vIti4 Bal•nce Shee( and N(Aes to the Financial
statemen￿ including a summary of significani aC￿￿nting ￿i¢l¢s. The financial rerKrting framewfsk that has been
applied in iheir Prepar￿1￿ is United Kingd{￿ ALYoJntin8 Stsndard& comwising Chari(ies SORP- FRS 102'The
Finanuwl Rewting Standard applicable in the UK and Republic of Irel￿& and appliuble law (United Kin8dom
Gener3lly Ac¢ep¢ed Accwniing Pr&dice).
In q>iniLm ihe finartial sthtemfnts..
give a true and flir view of ihe of the tharitys affairs as ai 31 D¢¢unber 2024 and of its ineLknin8 re50urc¢s
and applicati￿ of re5Crtwc(4 includin8 its ineixne and exptnditurq fw the >Y4r then ended;
have been wwly prepard in a¢cwdanc¢ with Lknithd KinBdtyn Cmefally A¢cept¢d Ar￿￿¢1￿8 PractiK and
have been prepar&1 in #Lrrydance with the requiremcnts of the Thwiii¢5 Act 2011.
BAJIS for oplTrlt
We conducted C￿ iudil in •¢tyxd•nc¢ with lniern￿l(￿ Stsndtrds cffl A￿￿lung (UK) (ISAS (UK)) Ind ¥pplicable
14w. Our re5pcms1￿lltles under thcse standarth ore fvrther in the auditsr re5pNsibilities ftr the audii of
the financial M•*ments Secti￿ of rwL We are indwdcni of the thariry in accordance with rhe ethic41
requiremthts are rclcvant to our ludii of the financi￿ ststefflents in the UK including the FRC'S E¢hial
Sthndu4 and we have ffijlfilled our ￿h¢r ethic￿ resprffi5tbilities in •cuxdance with these requiremen￿ We believe
Ihat the audit ¢vidence we have cètaitteA is suffici¢nt and *pwyi*e 10 provide a h5is frr (wr opini(m.
Conelwlons rel•lln¥ to ¢M¢¢rn
In auditin8 the finaneial Mat￿nen1& we have c(￿¢1￿ tha¢ th¢ trus*e5 use of the 80in8 C(M¢￿E*s15 of accountin8
irt the pryratith of the financiaj is •p￿￿rI£[
B&sed on the wyjrk we hive perfornid, have identified any mawial uncrylainibes f￿￿ingto evait¥
eonditions ¢h¥L individuplly cff wlleclively. may signifi￿nI the th*ritys ability Lo continu¢as a going
oncern for a period of at least I%￿1ve M￿th$ from when the 0ri8in81 ffinanci￿ slatements wrre aythorisa for iswe.
Our responsi￿litieS th¢ resp(msiiiliiie5 of the trustres with r4y&L wgoing ¢(ffittrn are destrib¢d in the relevani
stttion5 of this re
Other infornAtlon
The trustees are reS￿$7b1¢ fty the (rfh¢T infwmliiL￿. Th¢ (rthu inftymaliw Lxfflprises the Inf(ThI￿1￿ induded in .
the annu&l reporL ¢xher than the financial MaL¢m￿Ls and auditLY'S rewt therein. Opini¢￿ on the fin¥n¢ia]
statements dLXS covff the other inft*mAi1￿ exeqx io the exieni(therwise explicitly yated in our rep(rt Mt
do not exprtss any form of assurancecLMclusiffi
In ¢onn¢dion wth our ludit of the financi￿ our resp￿51b￿lIry 15 to read tht Informati(￿ and in
doing so. consider whether the rth¢r infwmaii(m is mawi811y inconsi&¢nt wilh ihe finanLMal 5tatemrnts or our
knowied8e obtaÈned in the audit or (thmvise appeats io t¢ maierially misstated. If identify such mftterial
inconsistencies cr apparent maluial missthtemw are required io ddcrniine wthahly thtye is a material
misstatemtht in the financial Matemettts (* t matuiaj missiatem￿l of the (rfher infom)aiIr￿. If, based ¢M the
we hav¢ performe(L c(mclude ihtre is * rna14yial m￿￿&(eM￿l of this (*her infr*matiLm, are required to
reFK)rt that fact.

Benenden Almshou8¢ Charities
Independent Auditoes Report to the Members of Benendtn Almshouse Charlti&%
(continued)
W¢ hav¢ n¢Ahing to report in this re8•r
MatteT5 on which we 8re reqwired to report by exeeption
In th¢ light of cwr knowledge and understanding of the charity and its environment otrtained in the ￿￿r5e of the
audiL we have not identified material mi5Statements in the Trustees, R4)orl.
We have ￿(￿hIng to r¢pM in respect of the followng matters where th¢ Charitif5 (Accounts and Report)
Re8ulations2008 require5 US to report to you if, in our opinion..
adquate accountin8 records have not kepl or retums ade4uate fv our audit have not beert received frun
iranthe5 not visiied by ￿ c
the financial sthtements are not in agreement with the aec(xmtirt8 records pnd r¢tums or
certain disclosures of trustees remuncr2ti￿ specified by laware nrtmad¢ or
we hav¢ not received all the in[￿rnati￿ and explanati￿5 w¢ require for tyjr audit.
Responslljllltles of trustees
As explained more fvlly in the Statement of TruH¢es' R¢5ponsibilities (set out on page 6), the Irv￿CeS are
responsible for the preparati￿ of the financial sthi¢ments and for Ixing satisfied that ihey give a true and fair view,
and for such intemal control the tn1￿C¢S deterniine is necessary to cnable Ihe preparaii¢m of finAncial statemen
that arefrce from materiaj misstatema)¢ due to fraud or errw.
In prepartng ihe financial 5tatement& ihe trustees are responsible for as5es5in8 the Charitys ability to continue as a
goin8 concern. di5¢10sin& as applicllble, matters relatoj to Boing c¢￿ttrn and using the going Concern basis of
accounting unless the trustees either intend ¢0 liquidate the ¢harity or to c¢as¢ operations. or have no reali5ti¢
aliernative but to do so.
Auditor Responsibiliti￿ for the audit of the fiTranciRI statsm¢nts
Our obittiive5 are to oErtain reasonable as5uran¢¢ abou¢ whethu the financial statements as a thole are free fr￿￿
ma¢uial misstatemertL whethff dut ro fraud or error, and io issue an audit(f'5 report that includes our opinion.
Reasonable assurance is a high level of assuranc< but is not a guarantee that an audit conducted in accordan¢¢ with
ISAS {UK) will always delect a material mi&8taternent when it exists. MissiatemEnts can arise from fraud or err
and are considered maierial if. individuilly lx in the aggre8at< ihey could re&%onably be expected to influence the
economie dccÉsLons of users raken on the basis of these financial 5tatement&
The extentto MILich our prcKedures are Capable of detecting irregularities, including fraud is detsiled below:
The legal and regulatory framework applicable ro the eniity was considered as part of theaudit planrtin& a risk
assessment was ¢c￿PIC[Ed and no arths of eoncern were hi8hlithttsJ.
The audit team rcrnained VÈgLlant for polenEial fraud and non-complianL%with laws and regUlati￿S thrLMLBhollt
thewhole audit pNKess.
The 5￿Wit￿lity of Iheentitys financial stat¢rn¢￿ts to Materi￿ misstaiemenL including how fraud might ￿¢ur was
Lilt in to the audi¢ planna appr￿th using a range of technique
A ￿rther descriptrth of our responsibilities is available ￿ the Financial Reporting Council's wdx8ite aL
ww.frc.or&uklaudi¢orsre5ponsibilities. This descriptt(xJ forms bNqrt of our auditor's rcporL
Pag¢ 8

Benenden AlD￿0￿se Charities
Independent Auditovs Report to the MembeT5 of Benenden Al￿￿kO￿5e Charities
(conlinued)
Use ofour report
This rtprrt is made 501ely to ihc charirytruMtt8 as a P￿￿ty, in a(LiJrdancewtth section 144 of thechartiies Ao 2011
and regUlatic￿ made under sttiion 154 of that kn Our a￿11 has been undertakn so mi8ht statc to
the trusttts thc6e matt¢ts ￿ are requird io stale to In&ees in an auditThs rewrt and for no (*her purpjse. To the
Iles¢ emenr perniÈttoJ by law. ￿ do accqrt (r assume rwsibility to any(me ther the chariry and its
trU￿¢¢S os a tdy, for cw audiirt fcf this rqm the￿inIt￿$￿ have ftymed.
MannIngt￿lS(
lor &atutory AuditLY)
Fry and on behalf of Mannin8tw Ststut(xy Audit
39 High Street
Battle
East Sussex
TN33 OEE
Manning￿￿ is eligrible ft* app)intmu)t as awJitLY of the tharity iry virtue of its eli8ibility aP[￿l￿tMMt a5
audit(r of a ethnpany under Sect[¢￿ 1212 of the C(ThFani¢s Act 2006.

Be•enden Almshouse Charities
Statement of Financial Activities for the Year Ended 31 December 2024
Unrestrieted
fwwjds
Tot*1
2024
Total
2023
Ineomt Ind Emdovments from:
Charitsble acvviii¢s
Investm￿¢ inwne
1055,604
714
1055.604
714
51.936
380
To¢al Incryn¢
1056.318
1056.318
52.316
EipeDdlture oty:
Charit#lAe aciivities
Other expenditur¢
Governance coms
{26,$60)
(60.042)
1.889
{26.860)
160.042)
1.889
(16.615)
563
Total Exp¢ndi¢w¢
Gain￿1£￿& on inveArnen¢a$5dS
88.791
14.918
88.791
14.918
9.385
Net movement in funds
1.981445
1.912.445
41523
Ref0n¢lll#tl￿ of fttm
Tctsl funds iyought f￿W￿rd
411.736
411,736
378.598
T(tsl funds ￿rrI•j fcnbvd
394.181
421 121
All of ihe charitys i¢knvities derive frLYn witiDuinB (yryati(m5 thwift8 thea(￿ t￿ wis)d&
The fimds Imkdown ftr 2024 & 2023 is Shown in n(rte 18.
Th¢ n￿¢5 m poge5 12 to 20 ftffm an part of these fmanciAI sratement&
Page 10

Benenden Almshouse Charities
(Regi51ratlon number. 232743)
B8i*nce Sheet as at 31 December 2024
2024
2023
No¢¢
Fixed 8S5ets
Tan8ible assets
Inve5rments
12
13
316.726
102.937
284,609
97.404
419,663
382.013
Curre*t asstts
DebLors
Cash At bank ¥nd in hand
14
1,941,874
44.958
1,653
1.986.832
51.642
Credltors: Amounts fAlllng dut wlthln year
16
1.280
Net eurrent
1.985 552
50.142
TotAI Assets leu eurrellt Iliblll¢l¢•
2,405.215
432.155
Provlsloni
17
Net *Metg
2394.181
421 121
FundJ of ih¢ eh8rlty.
Unrestrltted Income
Unrestriad funds
2.394 181
421 121
Total funds
18
2 394.181
421 121
The finBn¢ial 51alements on po8es 10 10 20 approved by the trustees. and iuthtyised for issue on ......
on their behalf by..
Robin ￿11￿) Holmes
chaim￿ and tru4¢e
The note5 pages 12 to 20 f¢)rm an integral part of these financial statement&
P48ell

Benenden Almshouse Charlties
Notes to the Financial Statements for the Year Ended 31 December 2024
l Aeeountlnl polltles
Ststemtht of¢ompllance
The financial statements have been prepar￿ in accordance wilh the seeond editi¢M of the Chariiies Sthtement of
Recommended Prartice issued in Odober 2019, lh¢ Financial Reportin8 StandATd applicable in the United Kingd<
and R¢publi¢ Of Ir¢lwd (FRS 102) and ihe Chari(i¢s Aci 2011.
B2sls of preparatlon
Benenden Almshouse Chariti¢s meds (h¢ definitim of a publi¢ benefit entity under FRS 102. The actcunts
(financial statements) have been Prepfjr￿ under the historical eo5t conven¢ion with iiems rttoBnised at eC6t or
¢ranSJ¢ti￿ value un1¢5s otherwse stated in the relevant notels) to these accounts.
GolDg ¢onc¢r
The trusttts consider that there are no material uncuthintses about the charitys Ibility to continue as a 80in8
1￿cern.
ljcome and ¢ndowrn¢nts
Inves1me￿IKCO￿e
InVe￿ment income is reeo8nised on a r¢c¢ivable basis.
Charltqbl¢ q¢flvlrfeJ
Income from charithble acriviiies includes ine(Mne rt¢08nised as ￿rTh¢d {as the relAtsJ 8ocds or 5ervice5
are provided) undtt contract
Expendlture
All expendiiure is ree08n1s￿ once there 15 a legal w ¢on5tructive obll8ation ¢0 ¢hat expenditure, it is probgble
5ettlem¢nt is required and the am￿nI ean be measured reliably. All costs are allo￿1￿ to the applicwble expenditure
h¢4din8 that 988reg4R similar costs to th81 cate80ry. Where costs ¢4nnot be direrfly attribut&4 to particulw headings
they have been allocated on i bAsis con515ten¢ wth the of resourc4 wth central 51aff costs allocated ort th¢
basis of time spen( artd deprecigtirn cliarges alIc￿ted on the por¢ion of the asset's use. Othtt supp(rt ￿sts are
allo￿ted ￿Sed on thespread of staff eosts.
Chorfiqble tTcdvlAe5
Charitable expendiiure Comprises those costs in¢urr&J by the Charity in the d¢liv¢ry of its activities and 5ervic¢5 for
its beneficiories. It in¢ludts knth costs thai can be illi)cAted dircctly to such wctiviiies &nd Ihose costs of an indi1￿1
nanjre nece$5iry to support them.
G4)vern8nte ¢￿ts
Governance costs in¢lude ¢(￿ts of the preparation and examinati(￿ of the statulory accounts. the costs of trusteo
meetin&5 and th¢ ¢051 of any legal advice to trustees Iyi governance ￿ c(¥tstitu¢ional mattef&
Page 12

Benenden Almshouse Chariti
Notes to the Fillsncl*l Stst¢meknts for the Year Ended 31 December 2024 (continued)
Ta￿*10
The charity is ¢cms1der￿ to pass the tests set out in PAragrwph I Schcdule 6 ofthe Finance Aa 2010 and therefore it
meets ihe definition of a charitable company fv UK eorporaiion thx purtM)5es. Accordingly, the chariry is potcntially
ex¢mpi from thxaIic￿ in respea of income or copitsl gain5 received within Categ￿leS ¢overed by Chapier 3 Part I I
of ihe cwp0ratl(￿ Tax 2010 or SfftioTh 256 of ¢h¢ T&x4tiffl of Chargeable Gains Aet 1992. to lh¢ extent that
such income or Bains are applied exclusively ￿ charitable purposes.
T**gible fixed assets
Individual fixed assets costing £500 {up until 2022 £1 l or more are initially recorded at cosi. less any subsequent
accumulaied depreciati(m and $ubsequen( accumulhteAI impainnertt le65es.
Depreel#tI￿ And Amortls8tio
Depreciation 15 PTovidd on iangible fixed assets so as to WTiie off the cost or valuation. less any esiimgted residu•l
value. ovcr their expecied useful e¢onomic lif¢ a5 follows:
Asset tlg
Freehold inler¢sl in land and ￿lIding$
Improvements and equipment
DepreelAtlon m¢tkod Tal¢
Y/• Reducing Balance
Straighi line over 50 yeors
No depreciatim will be provided until ihe
project has bew compl¢¢
LAndlBuildings a¢ Walkhur# RoAd
Flxed Ihveltments
Fixed asset inveslmenw other than programme related investments are included a¢ markrt value at the bg14n¢¢5h¢
date. Realised gains and 1055es on investments are ￿lCUla¢ed as the difference betwttn 5ale5 pro¢e¢ds And their
markd value ai the start of the year, or ih&r subs¢4uent COSI. and are charged or credited to (he Ststement of
Financial Adivities in the period of dispwl.
Unre4lised gain$ and105ses represent th¢ movement in market values during Ilie year and ire credited or chsrwi to
¢h¢ Stst¢m¢ni of Finirt¢ial A¢¢ivities based ￿ ihe market vilu¢ at ¢he ye&r end.
Cash and eggh equlvllents
Cash and cash eqUival￿ts comprise cash on hand and call deposits. ynd o¢h¢r 5hort-terni highly liquid InVe￿ments
that are r￿dIlY convertible to i knowi Amount Of Cash gnd are 5ubjecl to an insi8nificant risk of ¢hin8¢ Ln valu
Fund strueture
Unrestrid¢d in¢om¢ funds are general ￿ndS that are available for us¢ at the ¢rus¢ees discra1￿ in fvriheranc¢ of the
objectives of the charity.
P88e 13

Benendem Almshouse Charities
Notes to the Financial Ststements for the Year Ended 31 De¢ember 2024 (continued)
2 IncoJDe from ch8ritAble xdivitleg
21n4
UDrestricknl
futyds
Getheral
fjnds
Rent rxeivable
Lartd sale
55.604
2.000.0(M)
55.604
Total for 2024
2.OS5.604
2.055.604
Totsl for 2023
51.936
51.936
3 l*ves¢meht iucome
Umrestri¢t¢d
Totsl
2023
Geitrnl
21)24
Inttresi reeeivable and simÈiar inc(rfne'
Intwe5t rtteivable (m Ixnk dep￿lts
Othtt income frcKn fixed investments
597
597
117
271
109
714
714
380
4 Expendithre ch*rAt•lA¢ ac¢lviti¢s
Unres¢Yiel¢d
Tot*1
2024
Totsl
2023
GeRtr*l
Op¢r4tion of Almshowes
Emplo>Th￿l
Other direct ¢C61s including legal and profts$i(￿al
Establt$hma)i c￿$
Repairs and maintenance
DeprKiati(n of tsngible fixed &%sets
3.714
1.076
4.483
15.51?
2,075
3.714
,076
4.483
15,512
075
3.005
1.620
S,654
4.250
26,860
26.8fA)
Page 14

Benenden Almshouse Charitie
Notes lo the Financial Statements for the Year Ended 31 December 2024 (continued)
5 Other expenditure
Unrestrleted
funds
Gtneral
To¢•1
21124
Totsl
2023
Note
Legal fee5 on tand sale
60,042
60.042
60.042
6 Analysis of gfjv¢rD•DCt support Costs
Governanc¢ Costs
Unrestricted
fynds
Tot81
2024
Totsl
2023
G¢Dernl
Audit fees
Audit of the finan¢tal stsiements
All(tated support Casts
Total
1.250
639
1,860
703
639
1.889
1.889
2.563
7 Net itttomlthglonl8oing resourfes
Net inc(ming resources for th¢ y￿r is Statedafter charging..
2024
2023
Depreciati(￿ of fixed assets
2.075
2.086
8 T￿￿ttr3 r¢muD¢ration and expenses
No trustees, nc¢ any p¢rsons connected Mryth them, have r¢c¢ived any remunelation frc#n ihe charityduring the year.
No trustee5 have rettived any reimbursed expenses or any otherbEnefits from the tharity durin8 theyear.
Pa8e 15

Benenden Almshouse ChArities
Note5 to the Financial Statements for the Year Ended 31 December 2024 (continued)
9 StatTeosts
The aggregate payToII costs were as follows..
2024
2023
Staff ¢ry5ts during the yearwe￿.
Wiges and 5alarits
3.715
3.005
No employee received emoluments of mL¥e than £60.0(Ki durin8 theyear (2022- £nil).
10 Auditors. remuneratS0
2024
21123
Audit of the financial statements
1.250
1,860
No tax was Charg￿ in theyeir {2023- £nilk
Pa8e 16

Benenden Almshous¢ Charitie
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
12 Tanglble fixed assets
Land
buildinv
Total
At l Januzry 2024
Additi(X15
331028
34.19?
332.028
34.192
At 31 De£emb¢r 2024
366,220
D¢preci8ti0
At l January 2024
Charge for ihe year
47.419
47.419
2.075
At 31 DcCern￿r 2024
49,494
Net book value
At 31 December 2024
316.726
316,726
At 31 Dec£mber 2023
284,609
Included within the net value of land and buildings al￿¢ is £316,726 (2023- £284.609) in r¢5pect of freehold
land and bLtildÉn85 and £Nil {2023- £Nil) in respect of leasehol(Ls.
Planning perniissi￿ was c4Jtained and additional expenditure of £34.19] has been capithlisd this year 12023..
£10,079).
Page 17

Benende• Almshouse Charities
Notes to the FiM2Dcial StAtemeDts for the Year Ended 31 December 2024 (¢ODtinued)
13 Fixed &￿et iDwestnKllts
2024
21n3
Other inVes￿￿ts
101937
97.404
Other investments
Imve5tmeDts
Totsl
Cast or V4lllatio
Ai l January 2024
Revaluati
97.404
5.533
97.404
At 31 Dttember 2024
101937
102,937
Ntt bth)k vsltst
At 31 Dettmber 2024
101937
101937
At 31 December 2023
97,404
The histLY1￿1 ccfjr of listed inveAmettts at 31 Decunbu 2024 £35.155 {￿23- £35.1551
14 Debtors
21124
2023
Trade debtws
Prepa)rynents
478
1.438
1.939.958
287
1.366
1941.874
.653
15 Cash equivxl¢nts
2024
Cath at tAnk
44,958
16 Credltor&' falli￿ due fwÈtbin one y￿r
21124
Ac¢ruals
1.280
Pw18

Benendell Almshouse Charities
Note5 to the Fillancial Statements for the Ye4r Ended 31 December 2024 (contlnued)
17 Provisiow$
Other
provlslon
Total
At l January 2024
11.034
11,034
Provision for fu¢ur¢ wlical rwirs and Maintert￿tt 1$ based ffi extemal decoration tAkin8 place every three years
and internal repairs every five years tr on thev&c4tion of a property.
18 Fund•
BglAnc¢ at
l J*nyary
2024
Other
R¢SoY￿¢S
reeognlsed
expended I41n￿lI055¢5)
31
Doc¢mlxr
2024
resourcei
Unrutrl¢¢¢d fund8
GeneMI
General Fund$
D¢sign¥1￿1 fund
432,155
2.056,31B
(88.791)
5.533
2,405.215
421 121
88.791
2394 181
BslAnc¢ at
31
Detemb¢r
2023
Ballnee at
I JAnuary
2023
Olhtt
Resollrctj
reeognlsed
expend¢d la1n￿(lOuQlj
ltsfomlng
rewureej
Unrutrtcted fundj
GeneMI
G¢nerd Fund5
Desi8naied fvnd
389,632
52,316
(19,1781
9,385
432,155
11,034
378 598
52316
19,178
421 121
The specifE¢ purpose5 for %thid) the Iljnds are ¢¢* b¢ 4ppli¢d are 45 follows..
Designat￿ fvnds hthve becn dc5i8niied by thr trusttts and consi5¢ of Cydical repairs fvnds £7,218 (external
decoraiion iaking place every 3 years) and the Emergency repairs fiJnd £3,816 (in￿1&1 repairs every five years or
on ihe vacation of a property).
Pa8¢ 19

Benenden Almshouse Charities
Note5 to the Financial Statements for the Year Ended 31 December 2024 (continued)
19 ANaly5i5 of net assets between fynds
Total funds At
31 December
2014
Unrestricted furyds
Gentrgl
DeslgDat
Tangible fixed assets
Fixed ￿et investments
Currfflt assets
Current liabiliti¢5
Provision5
316.726
102,937
1.986.83?
{1.280)
316.726
102.937
1.986,832
{1,280)
11.034
11.034
Total nct 255et5
2,405 ?15
(11.034
2394.181
Total funds
31 Deeembtr
2023
Unrestrlcted funds
Gener91
D¢slgnat¢d
Tangible fixed assds
Fixed asset investmcnts
CUrr￿t 85sets
Cu￿ent liabilitie5
Provisions
284,609
97,4¢M
51.642
(1,500)
284,609
97.404
51.642
(1,5(Kl)
11,034
11.034)
Total net &%sets
432.155
11,034
421.121
20 Analyas of net fvnds
At31
December
2024
At l JAn￿ry Fin8nCiDg cash
2024
C¥th ai bank ¥nd in hand
49,989
Net debt
49.989
5,031
Page 20