REGisfERED CHARITY NUMBER: 232955
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31 MARCH 2024
FOR
KINGS COThAGES TRUST

KINGS COThAGES TRUST
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
5t07
Detailed Statement of Financial Artivities

KINGS COThAGES TRusr
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their report with the financial statements of the chartty for the year ended 31 March
2024. The trustees have adopted the provisions of the Statement of Recommended Prdctice (SORP)
'Accounting and Reporting by Charitieg issued in March 2005.
REFERENCE AND ADMINisfRATIVE DEfAILS
Registered Charity number 232955
Principal address
Tees House
95 London Road
Bishop's Stortford
Hertfordshire CM23 3GW
Trustees
Ms R Engel
Mrs S Gilbey
Mr T Pribul
Mrs J Richardson
Mrs C Izzard
Mrs E Tripp
Mr D Noakes
Mrs A Bush
Independent Examiner
Garry M Slark
Chartered Certified Accountant
Goldings, Sheering Road
Old Harlow
Essex CM17 OU
STRUCTURE. GOVERNANCE AND MANAGEMEKr
Governing document
The charity is controlled by its goveming document. a deed of trust and constitutes an unincorporated
charity-
Risk management
The trustees have a dity to identify and review the risks to which the chartty is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against frdud and error.
ON BEHALF OF THE BOARD:
Date=
-.5LIT>¢&.ekYkLL¥. IO£Itr
Mr T Pribul - Trustee
Page I

INDEPENDEKf EXAMINEWS REPORT ON THE AccouKfs TO THE TRusfEES OF
KINGS co￿AGEs TRusr
I report on the accounts for the year ended 31 March 2024 set out on pages three to seven.
Respecth responslbllities of T￿￿ aNI Examiner
As the charitys Trusts* you are responsible for the preparation of the accounts in accordan￿ with the
requirements of the Charities Act 2011 (Ihe ACV).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 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 ACL
Independent Examin*s Statematt
I have completed my examination. I confinn that no material matters have come to my attention in
connection with the examination.
I have no COn￿rnS and have come across no other matters in connection with the examinatlon to vthich
attention should be drdwn in this report in order to enable a proper umlerstsnding of the accounts to be
reached.
Signed _....-........
Name_
A.Icclf
Page 2

KINGS COTTAGES TRusr
srATEMEKf OF FINANaAL AcfivmES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOMING RESOURCES
Incoming resources from generated funds
Maintenance contributions and
investment income
95.542
95,542
84.998
RESOUR￿ EXPENDED
Costs of generating funds
Costs of generdting income
45.617
45,617
73.674
Net Incomin￿{oUtgolng) resources
available for charitsble application
49,925
49,925
11.324
Governance costs
200
150
NEf INCOME/(EXPENDITURE) FOR THE
YEAR
49,725
49,725
11.174
RECONCIUATION OF FUNDS
Total funds brought fonyard
Investments at market value adjustment
Restricted deferred funds to Generdl fund
268.124
3,333
9.198
268,124
3,333
9,198
257,456
-506
TOTAL FUNDS CARRIED FORWARD
330,380
330,380
268,124
The notes forni part of these finanaal ststements
Page 3

KINGS COThAGES TRusr
BALANCE SHEEr
AT 31 MARCH 2024
2024
2023
Totsl funds Total funds
Notes
FIXED ASSETS
Tangible assets
Investments
39.296
79.598
39.296
76.265
I￿,894
115561
CURREKf ASSErs
Debtors
Cash at bank
216,654
163,249
216.654
163.249
CURREKf UABILMES
Creditors
Amounts falling due within one year
Deferred income
-5,168
-9,198
152,563
NEf ASSErs
330,380
268,124
FUNDS
Unrestricted funds:
General fund brought forward
Surplus for the year
Release of Restrirted funds to General fund
Restricted deferred funds to General fund
10
239.432
53.058
28.692
9,198
227.941
11.491
330,380
239,432
28,692
Restricted funds
TOTAL FUNDS
330.380
268.124
The financial ststements were approved by the Board of Tnstees on .-_...--.--...---.--
signed on its behalf by:
and were
Mr T Pribul - Trustee
The notes form part of these finanual statements
Page 4

KINGS COThAGES TRusr
NOTES TO THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 MARCH 2024
l. AccouiYllNG POUCIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in
accordance with the Financial Reporting Standard for Smaller Entities (effertive January 2015), the
Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting
and Reporting by Charities.
Incoming resour
All incoming resources are induded on the Statement of Finanaal Activities when the charity is
legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all cost related to the category. Where costs cannot be directly attributed to particular
headings they have been allocated to activities on a basis consistent with the use of resources.
Tanglble fixed assets
Fixed Assets are shown at lower of Cost or Net Realisable Value.
Investments
Investments are shown at Market Value.
Taxation
The charity is exempt from tax on its charitable attivities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
Trustees.
Restrirted funds can only be used for particular restricted purposes within the objects of the
charity- Refer to note 9 on page 7.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
2. MAIKfENANCE CONTRIBufioNS AND INVEsfMEpif INCOME
2024
2023
Maintenance contributions received
Other investment income
Deposit account interest
Other Income
91,655
1.482
1,530
875
83,468
1.330
95,542
84.998
3. Trustee< REMUNERATION AND BENEFrrs
There were no Trustees, remunerations or other benefits for the year
ended 31 March 2024 nor forthe year ended 31 March 2023.
Trustee￿ Expenses
There were no Trustees, expenses paid for the year ended 31 March 2024
norforthe year ended 31 March 2023.
STAFF cosrs
2024
2023
Wages and salaries
6.200
5.822
Page 5

KINGS COThAGES TRusr
NOTESTO THE FINANCIAL sfATEMEKrs-coKnNUED
FOR THE YEAR ENDED 31 MARCH 2024
TANGIBLE FIXED ASSETS
Freehold
Property
cosr
At l April 2023 and 31 March 2024
39,296
NEf BOOK VALUE
At 31 March 2024
39,296
At 31 March 2023
39,296
6. HXED ASSEf INVESTMEKrs
2024
2023
Other
79.598
76.265
There were no investment assets outside the UK.
Investments were as follows=
2024
2023
M & G Charity Multi Asset Funds:
HC Cook Bequest
Cribb/Cook Bequest
Kings Cottages Accumulation Account
Kings Cottages General Fund
Miss ME Cribb Bequest
23,940
1,986
42.313
5.260
2,766
45.041
34.557
79.598
76,265
7. DEBTORS: AMOUNTS FALUNG DUE wmiiN ONE YEAR
2024
2023
Debtors
1.259
1.259
8. CREDITORS: AMou￿rS FALUNG DUE WIThIN ONE YEAR
2024
2023
Other creditors
5.168
1.488
Page 6

KINGS co￿AGEs TRusr
NOTES TO THE FINANCIAL sfATEMEKrs- coKriNUED
FOR THE YEAR ENDED 31 MARCH 2024
ACCRUALS AND DEFERRED INCOME
2024
2023
Cribb/Cook bequests No I
Cribb/Cook bequests No 2
Cribb/Cook bequests No 3
2,766
23,940
1,986
The Trustees unanimously agreed at a meeting on 7th December 2023 that
the three restrirted funds should be transferred to unrestricted Sin￿ it
had not b&n possible to detemiine their preci* intention from the Trusvs
records due to their age. The Trustees have therefo￿ assumed that the
donations were in respect of rnaintenan￿ expenditure and for the benefft
of the residents The total value of the three funds has been completely
expended over the past years.
28,692
10. MOVEMENT IN FUNDS
Net
At 1.4.23 movement At 31.3.24
in funds
Unrestricted funds
General fund
Investments at market value (net Change)
277,322
49,725
3,333
327,047
3.333
TOTAL FUNDS
277,322
53.058
330.380
Net movements in funds. included in the above are as follows:
Incoming ReSoUr￿S Movement
Resources expended
in funds
Unrestricted funds
General fund
95.542
45.817
49.725
TOTAL FUNDS
95.542
45,817
49.725
Pdge 7

KINGS COThAGES TRusr
DEfAILED sfATEMENT OF FINANCIAL AcnvmES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOMING RESOURCES
Maintenance contrlbutlons and investment income
Maintenance contributions received
Other investment income
Deposit account interest
Other income
91.655
1.482
1,530
875
83.468
1,330
200
95.542
84,998
Total Incoming resources
95,542
84,998
RESOURCES EXPENDED
Costs of generating income
Warden's salary
Water Rates
Council Tax
Insuran
Light & Heat
Maintenance and Repair5
Secretsrial and Professional costs
Security costs
Sundries
6,200
5,019
5,822
5.841
760
1,276
-33
54.647
3,967
738
656
1,334
29
22,543
627
859
45.617
73.674
Governance costs
Accountancy
150
Total resources expended
45,817
73,824
Net (expenditure)/income
49,725
11.174
This page does not fomi part of the statutory finanaal statements
Page 8