REGISTERED CHARITY NUMBER: 236049
Report of the Trustees and
Unaudited Finanual Statements for the Year Ended 31st Oecember 2023
for
The Hofybourne Complin Trust

The Holybourne Complin Trust
Contents of the Financlal Statements
for the Year Ended 31st December 2023
Page
Report of the Trustees
Independent Examlner's Report
Staternent of Financial Activities
Balarbce Sheet
Notes to the Financial Statements
6 to 10
Detailed Statement of Financial Actiyitses
li

The Holybourne Complin Trust
Report of the Trustees
for the Year Ended 31st December 2023
The trustees present their report with the financial statements of the charity for the year ended
31st December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l January
20191.
OBJECTIVES AND AcnvmE5
Objectives and aims
The objectives of the charity are
l.The provision of three almshouses for poor aged persons of good character living in Holybourne and
Nealham. Residents contribule a weekly sum towards the maintenance of the almshouses without causing
hardship. Vacancies are advertised and applications for appointment made to the trustees.
2. Relief for persons resident in the parishes of Holybourne, Neatham and Alton as constituted on 13th
May 1932 who are in conditions of need. hardship and distress.
Public benefit
The trustees have considered the Charity Commission's guide on public benefit and has established a policy
of making gifts of money to help the elderly or these in need or hardship living in the area of benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
During the year the charity ha5 received weekly maintenance contributions from the residents of the
almshouses and interest on investments and continue to apply funds on the maintenance of the
almshouses and the relief of those in need. Details of income and expenditure re set out on page 3 of these
accounts.
FINANCIAL REVIEW
Reser4es policy
It is the trustees policy to maintain a balance of unrestricted funds to cover the provision of emergency
funding for the residents of Holybourne and Neaiham who are elderly or in need. A reserve fund is also
maintained to carry out major repairs or improvements to the charity's properties. It IS the trustees policy
to invest these funds in C.O.l.F income shares.
FufuRE PLANS
The trust has plans to undertake a program of refurbishment on the almhouses it already owns to include
the fitting of solar panels. It is also searching for a suitable property to Use as an almshouse in the area of
benefit.
The trust will continue to make charitable grants to individuals and to local charitable institutior)s providing
that they continue to meet the conditions laid down by the Trustees.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is administered under the deed of gift dated 13th May 1932 and the scheme approved by The
Charity Commission dated 14th November 1984.
Page I

The Holybourne Complin Trust
Report of the Trustees
for the Year Ended 31st De￿mber 2023
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The trust deed provides for one ex-officio trustee. one nominative Ilustee and three co-optative trustees.
New cikoptalive trustees should be persons who through residence. ocCUpat￿n or employment or
otherwise have special knowledge of the area of benefit. They are appointed by the existing trustees and
serve for five years after which they may put themselves fonvard for re*lection.
The nominative trustee is appointed by Alton Town Council and they serve for a term of four years.
The ex-officio trustee should be the vicar in charge of the Ecclesiastical Parish of The Resurrection Alton.
All irustees give their time freely and no trustee remuneration was paid during the year.
REFERENCE AND ADMINISTRATWE DETAILS
Registered Charity number
236049
Prfncipal addre55
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2
Trustees
Rev A M Micklefield ex-officio
Mrs S D Lloyd co-opted
J L Voller nominative
Mrs C A Wallis co-opted
P J Sharpe co-opted
Mrs S Bennett co-opted
Independent Examiner
Cherry Dowsett
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2YT
Approved by order of the board of trustees on 29th October 2024 aThJ signed on its behalf by=
Mrs S Bennett - Trustee
Page 2

Independent Examiner'5 Report to the Trustees of
The Holybourne Complin Trust
Independent examiner'5 report to the trustees of The Holyboume Complin Twst
I report to the charity trustees on my examination of the accounts of The Holybourne Complin Trust Ithe
Trust) for the year ended 31st December 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requiremenls of the Charities Act 20111'the Act'l-
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act anrj
in carrying out my examination I have followed all applicable Direclions givet7 by the Charity Commission
under Section 14515llbl of the Act.
Independent examinerfs statement
I have completed my examination. I confirm that no malerial matters have come to my attention in
connection with the examination givir)g me cause to believe that in èny material respect=
accounting records were not kept in respect of the Tnjst as reqUI￿d by Section 130 of the Acl- or
the accounts do not accord with those records.. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reportsl Regulations 2Q)8 other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of
an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Cherry Dowsett
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2
29th October 2024
Page 3

The Holybourne Complin Trust
Statement of Financial Artivities
for the Year Ended 31st December 2023
2023
Unrestricted
funds
2022
Total
funds
Notes
INCOME AND ENDOWMENT5 FROM
Funds generated from property
Investment income
16,148
9,604
14.217
7,583
Total
25,752
21,800
EXPENDITURE ON
Charitable activities
Relief in Need
Property expenses
13,450
14,875
2,655
661
1.718
1,305
Other costs
Total
16,766
17.898
Net gainslllossesl on investments
30.228
137,4241
NET INCOMEIIEXPENDITURE)
39,214
133,5221
RECONCILIATION OF FVNDS
Total fkjnds brought forward
1,087.725
1,121,247
TOTAL FUNDS CARRIED FORWARD
1,126,939
1,087,725
The notes form part of these financial statements
Page 4

The Holybourne Complin Trust
Balance Sheet
31st December 2023
2023
Unrestricted
funds
2022
Total
funds
Notes
FIXED ASS￿$
Tangible assets
705,(K)O
705,OC¥J
CURRENT ASSETS
Investments
Cash at bank
331.187
90,752
300,957
81,768
421,939
382,725
NETCURRENT ASSETS
421,939
382,725
TOTAI ASSETS LESS CURRENT LIABILITIES
1,126,939
1,087,725
NET ASSETS
1,126,939
1,087,725
FUNDS
Unrestricted funds
1.126.939
1,087,725
TOTAL FUNDS
1,126,939
1,087,725
The financial statements were approved by the Board of Trustees and authorised for issue on
29th October 2024 and were signed orb its behalf by=
J L Voller- Trustee
The notes form part of these financial statements
Page 5

The Holybourne Complin Trust
Notes to the Financial Statements
for the Year Ended 31st December 2023
ACCOUNTING POLICIES
8a%s of preparing the financial statements
The financial statements of the charity, which is a public benefir entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordarbce
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
leffective l January 20191.. Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charitres Act 2011. The fir)ancial statement5
have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitie5 are recogni5ed as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate 311 cost
related to the category. Where costs tannot be directly attributed to particular headings they have
been allocated to activitie5 on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a
commitment but nol accrued as expenditure.
Taxation
The charity is exempt froffl tax on its charitable activities.
Fund atcounting
Unrestricled funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charitv.
Fie5trictions arise when specified by the donor or when funds are raised for particular restricted
p(Jrposes.
Further explanation of the nature ar)d purpose of each fund is included in the notes to the financial
statements.
Page 6
continued...

The Holybourne Complin Trurt
Notes to the Financial Statements - continued
for the Year Ended 31st De￿rnber 2023
FUNDSGENERATED FROM PROPERTY
2023
2022
Weekly maintenance contributions
16,148
14,217
INVESTMENT INCOME
2023
2022
Deposit account interest
It)vestmenl income
2,558
7,046
564
7,019
7,583
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. remur)eration or other benefits for the year ended 31st December 2023 nor
for the year ended 31st December 2022.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31st December 2023 nor for the year
ended 31st December 2022.
TANGIBLE FIXED ASSETS
Freehold
property
COST
At 1st January 2023 and
31st December 2023
705,000
NET BOOK VALUE
At 31st December 2023
705,IXM)
At 31st December 2022
705.0(X)
Page 7
continued.

The Holybourne Complin Trust
Notes to the Flnancial Statements- continued
for the Year Ended 31st December 2023
CURRENT ASSET INVESTMENTS
2023
2022
Listed investments
331,187
300,957
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At 1.1.23
Unrestricted funds
General fund
Reserve Fund
853.¢WI
234,724
17.283
21,931
870,284
256,655
1.087,725
39,214
1,126,939
TOTAL FUNDS
1,087,725
39,214
1.126,939
Net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Reserve Fund
25,751
116,7661
8,298
21.930
17.283
21,931
25,752
116.7661
30,228
39,214
TOTAL FUNDS
25.752
116,7661
30,228
39,214
Page 8
continued...

The Holybourne Cornplin Trust
Notes to the Flnancial Statements - continued
for the Year Ended 31st De￿mber 2023
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestrirted funds
General fund
Reserve Fund
855,645
265,602
12,6441
130,8781
853,001
234,724
1,121.247
133,5221
1,087,725
TOTAL FUNDS
1.121.247
133,5221
1,087,725
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Reserve Fund
21.801
117,8981
16,5471
130,8771
12,6441
130,8781
21,800
117,8981
137,4241
133.5221
TOTAL FUNDS
21,800
117,8981
137,4241
133,5221
A current year 12 months ond prior year 12 months combined position is as follows..
Net
movement
in funds
At
31.12.23
At 1.1.22
Unrestrirted funds
General fund
Reserve Fund
855.645
265,602
14.639
18,9471
870,284
256,S55
1.121,247
5,692
1,126,939
TOTAL FUNDS
1.121,247
5,692
1,126,939
Page 9
continued...

The Holybourne Complin Trust
Notes to the Financial Statements- continued
for the Year Ended 31st De￿mber 2023
MOVEMENT IN FUNDS- continued
A current year 12 mor)ths and prior year 12 month5 combined net movement in funds, included in
the above are as follows=
Incoming
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Reserve Fund
47,552
134,6641
1,751
18.9471
14.639
18,9471
47.552
134,6641
17,1961
5,692
TOTAL FUNDS
47,552
134,6641
17,1961
5,692
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2023.
Page 10

The Holybouffne Complin Trust
Detailed Staternent of Financial Activities
for the Year Ended 31st De￿mber 2023
2023
2022
INCOME AND ENDOWMENTS
Funds generated from property
Weekly maintenance contribution5
16,148
14,217
Investment income
Deposit account interest
Investment income
2,558
7.046
564
7,019
9,604
7,583
Total incoming resources
25,752
21,800
EXPENDrruRE
Charitable activities
Water rates
Insurance
Repairs and Maintenance
Christmas lunch
Bank charges
Grants lo institutions
Grants to individuals- relief in need
877
704
841
407
48
13,250
1,625
821
1,054
508
12
11,700
1,750
16,613
17,752
Support costs
Other
National Association of Almshouses
153
146
Total resources expended
16,766
17,898
Net income
8,986
3,902
This page does not form part of the statutory financial statements
Page 11