REGISTERED CHAIUTY NUMBER: 234M9 Reprt of the Trtr¢s And UnAuditsd FIThAn¢iil Statements for tht YeAr Ended 31 Mareh 2025 for The ChArlott¢ Broadwood Trujt Bullimor¢s LLP ch9d AOlltant Old Pnnlcrs Yard 156 South Street Dorking Surrey RH42HF
The Ch*rlotte BroidwTr)d Trnit Cont¢nt$ of tht TrlnandAI S¢At¢ments for the Year Ended 31 Mtrch 2025 Pa Rtport of the Trusttta I to 4 IndepeDdtnt Examlner'$ Report Stxternent of FlnanelAI A¢dTrrfde$ B•lALet Sheet 7 to 8 NDt¢s to the FIDanel&l S¢atsments 9 to 14 Detalled StAtem¢nt of FlnAD¢IAJ AttltI¢l 15
The Charlotte Brnadwtwjd Trnst Report of the Tnutees for the Yr EDd•131 March 2025 The trust£C5 pr¢s¢nt their rqh)rt with thc finan¢1 stalements of the chaTity for thc ycar et)(kd 31 Mar¢h 2025. The tsvstees have adopted thc provisions ot Accounting and RcFthing by (Iwities.. Statement of Recomrncnded Pwtice applicable to Ch1b¢s preparing their accounts in ac¢ordance with the Financial Rew)Tting Standard applicable in the UK 4nd Republic of Ireland {FRS 102) (effective l January 2019). OWECTIVES AIYD A[VITIEs Objeetlves and alms The object ot the trust continues tt) be the provision and maintenancc of h()m for old pei)ple r&8iding in Capel and th¢ neighbourh(M)d who are of limited means and nccd affoTd8bl¢ ac£ornm(Mlauon. Publle bemdlt The trustees confirn) they hAv¢ referral to the guidance in the Charity Commi10,5 gcnwdl guidance on public benefit Whl reviewin8 the chariws aim5 And objveR. ACHIEVEMENT AND PERFORMANCE Revlew of Actlvltles Thc tnle¢s, who in tIK p&sL conmiissioncd & full structural survey on thc cOndttit of the tl&ts. ntinUed to deal with various works r¢comm¢nded under that rqjort. During th¢ y, although there were no major works, there wwe scverdl itun5 rwuiring attention as listed in th¢ Reserves Policy. Thc cost was covered by in¢om¢. A quinquennial rwrt h&s been commissioncd and the trste<S will continue to de&l with the re£ommendalions of this updal¢J report. A member of the AlThbOus¢ As50¢ialion came to mc¢1 th¢ trustees and residents and to takc a look al the propmty. She gav¢ th¢ trustees mueh helpfvl inforniatiun alM)Ut wlicies to bc adoplThl and sen1 advi upon managemeni. FINANCIAL REVIEW Finan¢l$l pDJltloD During th¢ yeat, the charity received incom¢ of £32,898 (2024 - UO.5(M)) and •¢lu'eved a swplu8 for the year of £2,436 (2024 . £11,499), Al th¢ bal¢¢ sheet date rescrvcs amountrd to £776.788 {2024- £774.352). Pag¢ I
The Chiriottr Bro•dwty)d Trnlt Rqbortof the TTu51e for the Year Ended 31 Mar¢h 2025 FINANCIAL REVIEW Re8ervt& polley The truste have Lonsidcred the need for a reserves policy by analysing its for¢5ccn filture tncom¢ and exp&'tUr¢ requir¢ments. The trustKS COJL8ider thai a significant amount of exp¢ndIrl as lis1 in th¢ prcvioug yeaes accounty has been m4(k in thc last few yeArs lo impr()v¢ the building Iwhith is the tNsVs main asgctl. Sin¢¢ that tim¢ thc following WOTks havc been Caled out i() mainttsin this improvement.. - RF r¢yair rear d(Jrn)er window - Rqmirs and re-dccordtion of the tronl elevation winthws - lead flashing to the ¢hiTnney to Flat 4 All uf which wotks were paid for out of this yearf5 inwmc. Thc major work thAt will be nccwary in the foSCable futyre 15 th¢ refuTbislyn¢nt of Flat 3 following the death of a resident. This is the final flat tth requir¢ updatin8. Also. & quinqucnnial report has bccn commigsioneil and the tr¢¢¢$ will fullow ils reLomm¢ndations. We have bullici¢nt funds out of capital and Income lo cover any works advised by th¢ TepoIL and th¢Js¢ works to Flat 3. It is anti¢ipatcd that any dcpldion of capithl should be covered by ex¢$ of income ver ex]MdIlU in years ol'regUl expendimre. Thcjr are no uthff rnajor eoxts to covff such as staff, fundin8 from outiide gourc¢J, ct¢. The reseN¢ vrill be sufficient to mitt'gate the l(ks$ of Mnt¢an¢t contribulion from Flai 3 whj'ch amounts £2,485 per nnum and the trustees anti¢Tpate rc-letting within the year for l¥a¥t doublc this vent. A150, should one UT more of the othcr flats becorne vacant for on ext¢nd¢d pffiod of time il is considrnl thftl this is a Inw risk. Th¢re have been expressions of inlcresi by tutur¢ W¢ntial re¢ipients of thc trusvs ac¢omm(Klation. In the unlikcly event th41 a flat is vaeml for an exlcndol period of time, the truste45 will consider ext¢nding their remit to lak¢ application8 from outside Ihc catchment area long as ttKr¢ is a family Conn1]0 to the sAid arca. As demonstrutd in thc accounts, the trust 4lr¢4dy holds fairly $ub%tsntial amounL8 of inVlmCnt moni&% wh'ch could be c&ll¢d upun should the need lL4¢ in an emttgency. In scnLTal, the main¢¢nllnce contributionb more than cover th¢ nurmal running ¢osl$ of thv trust. Therefor< it ha5 bcen agreed, as previousty, th&t & only & nominal sum ne1$ to be designated as a rcserve amount. That amount has been ¢MILulatcd ag approximately six months expcnditure on the nornial running cost ot th¢ building. Expenditutt on norn1 running costs over the p&st ei¥ht month h45 bee calculated &s approxirnatcly £1,2W rnOn resulting in e51imat¢ of £7,000. It is not frli necessary lo hold thi5 amonI in a separDtc account due to th¥ low risk. Th¢ linan¢ia] pwjsition nf the invaytment and oa$h urnounts are monitored monthiy and reJKkrt¢d ¢0 all of the trusttts. This w)licy wtll be reviewed yeuly at the trusts meeting. STRUCTURQ GOTrERNANCE AND MANAGEMENT G&v¢rnlng do¢ument Th¢ mjst was fouMl¢d by a dccd of 8ift dat¢d l 0¢ber l 866 and was fornrIy called Cllpel Village Hospitsl. The prcsent goveman¢¢ Dfthc t5¢ stems from 8 s¢heme approved by thc Chanry Cnmmission da1 9 June 1953. Recrnltment #nd •ptent of trust¢¢i There are thr Rwesenlativ¢ Trustery and three CovOPtativ¢ Tru51ees. in line revised Trust tkryj. The tlree Rwe5entativ¢ Trusl¢L¥ urc sclectal and ap)int by the rthpLYtt"vL Parish Councils of Capel, Newdigu and Ockiey. The r¢mainin¥ IhrcL" C0prn¢ Trust¢¢s usually apprlh by current trustees who have lo] knowl of those itb skills on offer who would k willing to serye. They JAT¢ appointed a trustec meetin8. The trus't 15 a mernber of Ihe A]M¥hOu Association who give regular updatrf and offer training siwions which trus¢¥ attcnd as appropriate. OrgalllsAdonal Strutthre A Ix)ard of trLL41e¢%. who met four times during the y&v. administ¢r5 thc tsl Page 2
The Tharlott¢ Broodw¢)od Thiit Report of th¢ Trnsleej for the Year Endwj 31 M4r¢h 2025 REFERENCE AND ADMINISTRA TIVE DETAtLS R¢Wslered Charity number 234909 Prfncipal address 06 Th¥ Str¢et Capel Dorking SuTrty RH5 SLA Trnstet8 D G(N)dall J.P. Mr% C Baty Mrs A Schryver Mr D D Silliman Mrs M E Newman Mrs A A K Bak¢r Independtn( Examlner Nicholas B1 FCA BullimoTes LLP Chartered Accountsnts Old Prinws Yard 156 South Dorking Surrey RH4 2HF Bankers CAI.. Bank Ltd 25 Kings Hill Avenue West Mallmg Kcnt ME194JQ Inv¢s¢ment InvcstLx Wralth & Invcs¢mLl Ltd 2 Gretham Strcct London EC2V 7QP STATEMENT OF TRUSTEES• RLSFONSIBILITIES Thc trubt¢es ar¢ res)nSIbIL tor pr¢paring th¢ Report of the TrllSte and thc financial 8tat¢m¢nts in acconlan¢¢ with Appli¢2ble law and Unitd Kingdom Accounting Standardy (Unit¢d Kingdom Generally Accepted Accounting Prn¢tice). Th¢ law &pplicablo lu Lharities in England and Walffj the Chariti¢s Art 2011, Charity (Accounts and ReporLs) Regulations 2(Kll4 at)d thc PTovisions of the trust d requirts the trLSteu u) prrp h-nanL'ial statements foi each financial year which wve a true and fair view of Ihe state of affaiTh% 4>f the charity and of thc inwmmg rtti(wces and applicati(m ot" resourcLs, in¢ludiDg the inwm¢ and exp¢ndilur@ of thc tharity for that rio(L In prCp1n% those financial SLltanffl¢S, the tNsI4 are Icquir¢d to select suitable ac¢ounting policies and th¢n apply Ihem con5L5tcntly' observe th¢ meth(ds and principlu in the Charity SOR2; rnake judgements and estimates that arc reasonable and p1. prepare th¢ financial stat¢m¢nts on the going concLTh b&sis unless it is inappropria* to presume that the charity will wntsnue in busincss. Page 3
The abarlottt BTo•dwood Trn Report of lheTrn¢ for the YeAr Ended 31 M•rch 21J25 STATEMENT OF TRUSTEES, RESPONSIBILITIES- eondnued Thc trustees aTe S[K)nSiblC for keeping prlw accounting rrfvrds which disclos¢ with rOnable UracY at any timc the finanLial posttion of the charity arKI tn enable lo ensure that Ihc financial statements comply with th¢ Charities Act 2011. the Charity (Accounts and R¢ports) Regulthtions 2008 and Ihe provisions of the tNsl dccd. They are also reS]sibIC for safeguardin¥ the asL$ of th¢ Charity and henL'¢ for tsking reasonablc steps for the PTevention and detection of fraud and other irregularitiGs. Approved by ord¢r of thc board of trustees (bn 28 August 2025 signed on its b¢half by.. D Goodall J.P. - Trus*e Fag¢4
IndependuL¢ E%miner's RLVOrt to the Trnsteu or The ChOIte BrOadWd Trust Indepeod¢nt ¢x4mln¢r's report to the trusterj of The Ch8Trkntte Broadwood Trust I report to the chaTity trust¢¢s on my examination of acwunts of The Charlotte Broadw(rtxi Tnt (th¢ TTUSt} for the ycar¢ndal 31 March 2025. Re4nSIbIlItIeS and bAsis of report As the charity trust5 of thc Tnt you are respon51TrJlc for thc prwaration of the accowits in accordance wilb th¢ rquirements of thc Charili¢s Act 2011 ('the Acl'}, I rqM)rt in respect of my ¢xwnination of the TnLSt's accounts L8tti#d out under Section 145 of the Aci and in ¢arrying out my cxamitiation l Mve followed all appli¢8ble Directions VeTr by the Charity Commission uhder Sethion 145(5Mb} of the Act. IndtptndeDt eXNintr,3 &taterneht I havc completed my exatnination, I wnfinn that no material Matte havc cl¢ to my att¢ntion in ¢()nntIOn with thc exarnin41ion giving mc tL7 b¢li¢ve that in any material r¢Sp. accounting record¥ were kept in respwtr of thc Trust as requirvj by StiOn 130 of Ihc Act. or the accounts di) n(M accord with th05¢ r{13. or the accounts do not C4Knply with the applicable Tyquirwnents concemin8 tbe fomi and contcnt of aceounts 8¢1 out in the Charities (Accounts and RqMrt$) Regulations 2008 oth¢r than any Tequirement that th¢ a¢counts' give a true and laii view whi¢h is not a mattcr consideyed part of an indyndent cxamination, I have no concern5 WMI have com¢ ucrosg no othLY matt¢TS in Lonnection Wilh the examination to which atttim *hould be dr&wn in this report in Ord lo ¢nable a proptr understanding of lh¢ account5 to be reached. Nichol Bt FCA Bullimores LLP Chartercd AOUnn(S Old PriTht Yard 156 Sothh Str¢¢t Dorking Surrcy RH4 2HF Dote: ....... Pa8¢ 5
Tho ChArlotte Broadwrthl Trust Ststem¢nt of FIntIl1 Actlvltl for the Year Ended 3l i¥t*r¢h ))25 31,3,25 31.3.24 Tol Ujjrtstricted fuT Re5tri¢tal ETthwme INCOME AYD ENDOWMENTS FROM Investment inoome 32,897 32,897 30.5(K> EXPENDITURE ON ChArltHble Aetivltks Prowry Costs 26.096 26.096 41,422 Net s&insl(10sses) on inywiments (2,773) (1,542) (4,365) 22.421 NET INCOMFJIEXPENDITURE) 4,028 (1592) 2,436 11.499 REC.ONCILIATION OF FUNDS TO funds brought forward 285,419 87,183 401,750 774.352 762,853 TOTAL FUNDS CARRIED FORWARD 289,447 85,591 401,750 770.788 774,352 The Mes fm part ofth&sc fma[l41 statemats Pagc 6
Th¢ Charlotte Broadwood Trnrt Bale Sheel 3] Mirch 21)25 31.3.25 Totsl 31.3.24 Toral Ullrestricrcd Restricted fund fuThl Notes FIXED ASSETS Inv¢Btm¢nlS Investments 230,304 85.591 315,895 401.750 313.610 401,750 401,750 230,304 85.591 401,750 717.645 715,360 CURRENT A&SEI8 Prdnents and accruul income Cash at bank 1,147 59.798 1.147 59,798 1,116 59.644 60,945 60.945 60,760 CREDITORS Amounts fHllin& du¢ within one year (1,81) (1.802) (1,768) NET CURRENT ASSETS 59,143 59,143 58.992 TOTAI. ASSETS LESS CURRENT LIABILITIES 289.447 85,591 401,750 776,788 774,352 NET ASSETS 289,447 85.591 401.750 776,788 774.352 The Th)tes lorm part otthcs¢ finaTKial slalemcflts Ptsge 7
The ChArlotte Broadwty)d Trnyt *n¢e Sheet- condnued 31 MAr¢h 2025 FUNDS Unre4tri¢t¢yJ funds Restri¢1J funds Endowment funds 10 289,447 85,591 401,750 285,419 87,183 401,750 TOTAL FUNDS 776,788 774.352 Th¢ financial statements wcre approvLx] by the Board of Trustces and authori5cd for is8ue on 28 August 2025 and were S1Cd on ils behalf by.. D G(K)dall J.P. - Trustee Mrs A Schryver- Trustcc Mrs C Baty - Trustee Mr D D Silliman - Trustcc Mr.$ M E Nvwan- Truste¢ A A K Bak¢r- Tru5t¢¢ The fomi of tlKse finarnial Ststen Pagv 8
Tht Clarlott¢ kndwood Trnst Nottt to the FlnAncial Statemtm¢$ for the Yeir Ettd 31 Mgrch 21125 ACCOUNTJNG POLICIES 11515 of prepAring the fin&nelAI 8tAtements Th¢ finan¢ial slatements of dLe charity, which is a public benefit ¢ntity under FRS 102, have been prLyar¢d in accnrdance with the Chariu¢s SORP (FRS 102) 'Accounting and Reporting by chities.. Statement of Rccomm¢nded Practice appli¢abl¢ to chan'lies preparing thcir acww)ts in acciyrdance with thc FUwla1 Rqxirting Standard alICable in th¢ UK and RUbliC of Ir¢land (FRS 102) (cff¢¢tivo l January 2019y. Financithl Rewrtin8 Standard 102 The Financial R¢th'ng Standard ppli¢able in the UK and Rcpublic of Ireland, and thc Charities Act 2011, Thc firwKial ststemenLS have been prqyarwl undLT th¢ historical cost conv¢tiOn, with the exccplion of investMl4 which arc included at Dket value. &8 m<Mlified by the T¢valtiOn of cla]n a55cts. FlnanelAI reportiD8 Jlwjdard A02- reduced dlsclosure exemptlon$ The chariry has taken advantagc of th¢ fvllowin8 disc105ure cxcmption in preparittg these financial stat¢m¢nts, as pmitted by FRS 102 The Finoncial Reporting SiandJrd upplicable in the UK and RUbliC of Ir¢land': the requircments of Stion 7 Statement of Cash Flows. In¢om¢ All incom¢ is TOsnI$ in the Ststcmcnl of Financilll Activities 0¢ the ¢h3rity h&5 entitlement to th¢ funds. it is probable that Ihc income will be received and th¢ pmount can b¢ m¢asured reliably. Expendlture Liabiliti¢5 are r0815j as expenditur¢ gs soon &$ there ig a legal or constructive obligati(m committing the charity to thAt expenditure, It is probable th&t a transfer of onl¢ beneflts will be Tcquif{ sdil¢menL and the arnount of th¢ obligation ¢an be measured r¢liably. ExpendiDue is account¢d for on an &¢¢ruals basis aj h&5 bl cl&ssifie41 under headin th&1 aggre8ate all cost rclatcd to the category. Where costs cannut be didY attributcd to particulAr hCadu5 thcy have been allocat to aGtivitsc5 on a btLSiS consismt with th¢ use of T¢8our¢#. IDvestmcnt property Investmcnt property, all of which is US direc¢ly in the principlc activity of th¢ trust, vas acquired wAthout cosi. The property IS shown at most rcccnl valuatiun, Any aggregate SUTpIus or dcfi¢il arising fvom the changcs in value is trun$f¢rred th¢ Ststemc¥LI of Financial Activities. Taxatlon The chariiy is exempt from tax on ils chanrllble activitics. Fund aceountlng unrtriCted canb¢ u$eO in accordanK with the ¢haritable objcctlv at the discretion of the trnsttt5. Restyi¢ted fimds ar¢ rqr¢sented by an cxtriwrdinary repair fillKI in urd¢r to provide a sum to meet thc cost of major rwirs or Jbuilding whi¢h may brne necessary in the fvtur The trust'L4 inves(mail propcty is held within the endowm¢nt fvnd. Flxed ASSet ittvestmenty Inve5trfients arc inittally rec(wisd ai thcir transaction wdlue and subswuLYitly mmsured at their rnatkct value as at the balanc¢ sheet date Lsing thc Closing quotrd marknt wic¢. The Sthtetneni of Fina11 A¢ts"witi&4 included th¢ nL ¥iiins and1055 aTiSLn8 ot) revaluation and disyusjls throughout th¢ yw. R¢alis¢d 8Aln$ and105ses All inS and1055¢s are taken lo the Stst¢m¢nl of Financial ArtivitiL7 as they ariso Realised gains and losses on investsn¢nts are Calculat as the differCe betwe salF pr(el$ and dLcir opcning carying value, or th¢ir purchase value if acquired subsequkml to the first day of thv finan¢i*l y¢ar. Unreali5ed gains and losses are calculated as the diffcrence between the fair value at the year end and th¢ir Larrying value. Realld and unrealised InVtrnCnt gains and los5 are ¢ombined in the Ststfflifflt of Financial Activiries, Page 9 continued..
The Ch4rfotte Broadwood Trnst Notes eo ibe FinandqI Statementg- ¢ontknued for tlte Year Ended 31 Mr¢h 2025 INVESTMENT INCOME 31.3,25 31.3.24 Rents fLYeived Investrnent income Deposit account interest 26J91 fi407 99 25,892 4,512 32.897 30,5 CHARITABLE AcfiviTIES COSTS SUprt Ctksts (see note 4) )5ts Totsls Property Costs 22,994 3,102 26,096 SUPPORT COSTS Gov¢mat Flnartce Tol#13 Propaty Costs 3,042 3,102 TRUSTEES, IIEMUNERATION AND BENEFITS There were no Irustees, Tffl]uneration or bcnefits for the year ended 31 March 2025 nor for the y¢Ar ended 31 March 2024. Trustees expen There no trnst¢¢S' ¢XPCm&4 paid for the year en(kd 31 March 2025 nor for th¢ y¢aT ¢nde4131 M4Tch 2024. COMPA114TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslrict Restrictryl EtwJowrn¢nt Totsl fiJNI$ INCOME AND ENDOWMENfs FROM tnvestment incom¢ 30,5(KI 30,500 EXPENDITURE ON Charltsble actlvitle Prorny Custs 41,422 41.422 Nel gatns on investrnents 12,686 9,735 22.421 NET INCOME 1,764 9,735 11.499 RECONCILIATION OF FUNDS Totsl funds bmught forward 283,655 77,448 401,750 762.853 Page 10 continuL..
The ChArlotte Bd)d Trn Note5 to thE Finndd Sttements. eontitiu¢41 forthe Year End13] Mvch 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcTITIEs- ¢ontlThued Uor¢5trict fund TOTAL FUNDS CARRIED FORWARD 285,419 87,183 401.750 774.352 FIXED ASSET INVESTMENTS investments MARKET VALUE Al l Aptil 2024 Additions Disp05als Revaluations 313,610 53,322 (41.211) (9,826) At 31 March 2025 315.895 NET BOOK VALUE At 31 March 2025 315.895 At 31 March 2024 313,610 ThcT¢ were investmeni &ss¢tg of £151,540 oulsidc the UK. C05t or valwation al 31 March 2025 is r¢pr¢smi*l by., invE5trnents Valuation in 2025 Cost 88,604 227.291 315,895 If fixed a55¢t IVlMents had not betn revalucd thcy would have be included a¢ the following historical cost.. 31.3.25 31.3.24 227291 215,335 Fixed IL8set inv¢sim¢nts w¢r¢ valued on an open market basis on 31 Mah 2025 by Inv¢8tec. Pa¥¥ 11 Continu1...
Thv ChArlott¢ Brodwd Trn5t Notss to the Flnandal SYJtern¢nts- tor the Yr End¢JJ JI M•rrh 2025 IsTmENr PROPERTY FAIR VALUE Al l Awil 2024 and 31 Mwch 2025 401.750 NET BOOK VALUE At 31 Morch 2025 401,750 At 31 March 24Y24 401,750 Th¢ invGstmcnt property was valucd on at) Existing Usc Value For Social Housing basis in November 2016 by Savills (UK) Limi1& Chartcrcd SuNeyors. Thc truste do not Consider thai thig volualion is materially diff¢r¢nt to the value at the rckM)ning date. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other CTvdiiors 1,802 1,768 io. MOVEMENT IN FUIYDS Net rnov¢nnt in furtth At 31.3.25 At 1.4.24 UDrutrlrtL¥l fullds Genera] fund 285,419 4.028 289,447 Re8¢ri¢ted fuDdJ Reslricted 87,183 (1,592) 85,591 Fndowment funds Endowment 401,750 401,750 TOTAL FUNDS 774,352 2,436 776.78 N¢t movement in fund$. includLXt in the aEMJve ar¢ fullows.. ItKoming ReSoUe9 MOvemt 105ses unrtrted fulld• G¢nLYiII fund 32,897 (26,Iy46) (2,773} 4,028 Rcslrkted funds Rthictrd (1,592) (1,592) TOTAL FUNDS 32.8Y7 (26,096) (4J65) 2.436 Page 12 conlinutyj...
The ChArl(•tte BroAdwood TThyt Note5 to the Fln•ndal St•tsments. nthu¢d for the Yr 31 MAryh 21125 mOVE1NT IN Fuls- lolltlnued Compxrltives for movement th funds Nd At 31.3.24 Al 1.4.23 Unrtsnleted funds General fi]nd 283,655 1,764 285.419 Restri¢t funds Regtricted 77,448 9,735 87,183 EDdowmtnt fundj Eiidownlenl 401.750 401,750 TOTAL FUNDS 762,853 11.499 774.352 Compardliv¢ net movement in funds, in¢luded in the ab()ve ar¢ &$ ftsllows: Incoming reSOut8 Resourccs Gairn aTrJ Iwes Movemcnt ex Unre8trSeted fundi Gencral fund 30,500 (41,422) 12,686 1.764 Restrlcted hnds 9,735 9,735 TOTAL FUNDS 30,500 (41.422) 22,421 11,499 A ¢urrenl year 12 months and prior yw 12 months LOmbIn p)sition is as follows: N& mov¢nKnt in fur¥1 At 31.3.25 At 1.4.23 Unreitrkted fumds Genctal 283.655 5,792 289.447 Re5trlcted fundi Restricted 77,448 11,143 85,591 Endowment funds Endowmrnl 401,750 401,750 TOTAL FUNDS 762.853 13,935 776.788 Pdgc 13 continuaj...
The Charlotto Broadwood Trust No¢u to the Finxndal &tsteiiKl118- continued for the Year Ended 31 Marek 21125 io. MOVEMENT IN FUNDS- continued A current yr4r 12 months and pnor yedr 12 Inonths combincd net MOV£¢ in funds, includal in thc above ore as follows.. Imorning R&oUe exp¢TrJL)J Cal aThl Ir)&ses Movemeot in futmts Unreslrlrted futtds G¢n¢Tal fijnd 63.397 (67.518) 9,913 5.792 Re5tdcted fundi R¢s¢TiCt¢yl 8.143 8,143 TOTAL FUNDS 63 J97 (67,5181 18,056 13,935 ii. RELATED PARTY DISCLOSURES Thcre were no relat party transaetlons tor th¢ y¢Hr 31 March 2025. Pagc 14
ChArlott¢ Broadwood Tru•t Detsikd StAteme#t of Financial Actlvltks ror the Year Knded 31 M•r¢h 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS InvegtmeDt In¢ome Rents receive Invesbnent incom Dwsit account interest 26,391 6,407 99 25,892 4512 96 32,897 30.5(KI Totsl ittcomlng resources 32.897 30.500 EXPENDITURE Charltoble atdvhle# Rate& water Insurance Ligth and heat Repairs and r¢new415 Clcaning Garden upkeep 392 1,704 1,896 14,808 1,127 3,067 398 1,332 3.303 27.758 1,139 3,437 22,994 37.367 Support colts Bank char8es 67 GovernAneE eosts Inv¢srmLl manager's f SundTies Accountancy ,505 307 1,230 1,804 594 1.590 3,042 3,988 Total resources expend1 26,096 41,422 Net Incomel(exp¢ndlture) before 8*lns #nd losieg 6,801 (10,922) R¢a]i¥ed recognl#¢d x4lns And losses Rvdlised gainsl(Ios5C5) on fixed asset ]nst¢nIS 5.461 (1,803) Net IDCDmel(expeDdl(uM) 12,262 (l2.785) This 110 partof the siatuiory fiT4ncial SWemLX Page15