## MISS A E GOMM ## Registered Charity No 233425 ## **STATEMENT OF ACCOUNT AND REPORT** FOR THE YEAR ENDED 31 MARCH 2025 |1
Receipts
&
Payments
Receipts
2
Monthly Maintenance Charges (MMC)
3
Interest - Santander Business Saver
4
Interest - Shawbrook
5
Interest - COIF deposit fund
6
Power Generation (Feed-in-Tariff
7
Compensation for fence damage - Chaffin Ltd
Creditor written off from 2023-24
8
Opening balance (23-24 Transfers in - from Shawbrook account)
9
Total
Receipts
Direct
Charitable
Payments
10 Administration items various
11 Consumables (stationery, stamps & printing for year)
12 Almshouse insurance (30/6/23-29/6/24)
13 Annual Landlords Gas Safety Check - All Properties
14 Water Rates Bills: 59 Surrey Avenue only
15 Gifts and Professional fees
16 National Almshouse Association Subscription
17 No 59 Repairs various )
18 No 60 Repairs various ) inc agent's £600 fee - E200 each unit
19 No 61 Repairs various )
20 CCLA Investment (£20k) and Lloyds Savings opening deposit (£1k)
21
Sundries
21Total
Payments
22Net
Receipts
for
the
year
23 ADD: Net Receipts (and Income brought forward from 2023-24)
24Net
balances
to
be
carried
forward
EXPLANATORY
NOTES|2024/25
25,890.28
60.57
2,775.83
226.00
923.40
14,180.85
£44,056.93
1,753.09
38.05
544.24
225.00
358.00
150.00
275.00
921.94
600.00
21,000.00
174.01
£26,039.33
18,017.60
166,616.12
£184,633.72|2023/24
21,539.16
180.60
476.23
13.66
3,869.47
180.00
146,303.74| |---|---|---| |||£172,562.86
1,370.00
175.13
617.18
742.75
284.00
666.00
267.00
620.00
4,390.75
10,614.30
140,000.00| |||£159,747.11
12,815.75
143,768.06| |||£156,583.81| 1. The accounts for the year ended 31 March 2025 have been compiled on a "Receipts and Payments” basis again, so that any strict comparison with prior years is difficult, as those years were on an "Income and Expenditure” basis. This change was made to simplify the accounts and improve understanding. As a result of this change, there is no longer a need for debtors and creditors, accruals and prepayments. The Balance Sheet is thus a statement of all assets - fixed assets being the latest RICS valuation of the 3 properties held by the charity, and the bank accounts and investments held on 31 March 2025. 2. COIF investments of E160,000 have been made to date. The units held were valued at 31 March 2025, at £172,094, an increase since purchase of 7.6% (or E12,094) RGB/31 July 2025 '““ ## MISS A E GOMM Registered Charity No 233425 |25
26
27
28
29
30
31
32
33
34|Fixed
Assets
Properties (as per valuations 2020)
Current
Assets
Bank Balances at 31 March 2025:
Santander - Business Saver (TO
CLOSE)
Lloyds plc - Current Account
CO!F deposit fund
OLD Shawbrook
closed
2024/25
19,954.73
640.81
See note 2 CCLA investment (at 31 March 2025)
172,093.59
Current
Liabilities
192,689.13
See note 3 Creditors
Net Ctirrent
Assets
Net Assets
Represented by:
ASSET
FUND
BALANCES
Revaluation Reserve at 31 March 2020
General Purpose Fund (b/fwd plus annual surpluses)
Audit
Committee
Report
to
the
Trustees
of A
E
Gomm
Charity|2024/25
19,954.73
640.81
172,093.59|2024/25
850,000.00
192,689.13
E
1,042,689
.13
858,055.41
184,633.72
£
1,042,689.13|2023/24
4,344.27
15,180.85
538.34
155,531.47|2023/24
850,000.00
174,671.53| |---|---|---|---|---|---| |||192,689.13||175,594.93|| |||||923.40|| ||||||| ||||||E 1,024,671.53| ||||||
858,055.41
166,616.12| ||||||£
1,024,671.53| We have checked the Charity's Financial Statements for the year ended 31 March 2025 which comprise the RECEIPTS and PAYMENTS Account and BALANCE SHEET at that date. In our opinion the financial statements give a true and fair view of the state of affairs of the Charity as at 31 March 2025 and Receipts and Payments for the year to that date. EXAMINER'S signature EXAMINER'S name P TEDDER, Chairman (Date) 2 " For and on behalf of the Trustees: A E GOMM CHARITY ANNEX C ## A E GOMM CHARITY |Up until 31st March 1997 59 & 60 Surrey Avenue valued in Balance Sheet at:
Additional purchase: 61 Surrey Avenue [1997]
Revaluation Reserve Account
Balance at 31st March 1998
1998/99 Revaluation of properties
Less value at 31st March 1998
Transfer to Revaluation Reserve Account 31st March 1999
2004/05 Revaluation of properties
Less value at 31st March 1999
Transfer to Revaluation Reserve Account 23rd August 2004
2007/08 Revaluation of properties
Less value at 31st March 2004
Transfer to Revaluation Reserve Account 23rd August 2007
2011/12 Revaluation of properties
Less value at 31st March 2007
Transfer to Revaluation Reserve Account 23rd November 2011
Land Registry & Nationwide index Valuation at 31st March 2016
Less value at 31st March 2011
Transfer to Revaluation Reserve Account 31st March 2016
2016/17 Revaluation of properties
Less value at 31st March 2016
Transfer to Revaluation Reserve Account 31st March 2017
2019/20 Revaluation of properties
Less value at 31st March 2017
Transfer to Revaluation Reserve Account 31st March 2020
Revaluation
Reserve
Account
Balance at 31st March 1998
Transfer 31st March 1999
Transfer 23rd August 2004
Transfer 31st March 2016
Transfer 30th June 2016
Transfer 15th June 2020
Balance as at 31st March 2020|4,569.91
2,374.68| |---|---| ||6,944.59
128,055.41
135,000.00
224,000.00
135,000.00| ||89,000.00| ||224,000.00| ||31^.
,000.00| ||560,000.00
535,000.00| ||25,000.00| ||520,000.00
560,000.00| ||{40,000.00)| ||680,000.00
520,000.00| ||160,000.00| ||620,000.00
680,000.00| ||(60000.00)| ||850,000.00
620,000.00| ||230,000.00| ||128,055.41
89,000.00
311,000.00
160,000.00
(60,000.00)
230,000.00| ||£858,055.41| Historic valuations undertaken by a RICS registered Valuer up to 15th June 2020 and are shown above In accordance with the meeting of Trustees held on 28th August 2019 and in compliance with the Charity Commission Regulations revaluation of the Trust properties were required. To comply with the regulations the most recent valuation was prepared by CLM Surveyors LLP on 15th June 2020 and is due again in mid 2025. RGB/31 July 2025