2024-03-31-accounts

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REGISTERED COMPANY NUMBER: rth03846 (England ond Wal•4) EVANS8 COThAGE HOMES Pfi"me Oak 1 Fther Ro&J Solihuti 891 3QG

EVANS% COTfAGE MOIAES REFERENCE AND AIJMIMSTRAThE DETAU FOR THE YEAR ENDED 31 MARCM 2024 TrUSTEES Lcrfd Mayry ot BwmiW4m R Cl￿￿¢8 (res￿￿￿ 15r2f24) J Hknins J E FescrAt RMTn M J {aprKwthd 1W23} 17JY NUMBER REGISTEREO CHA NUIIBER INDEPENDEKf EXAMINER S(Athul B913QG Pag8 1

evANS? COTTAGE TrK)MES REPORT OFTrETRUSTEES rwt with thg fin8wI Statemonts of th C￿1 knr 31 Mwth 2024. The trusteu hav 8W1¢ot￿ to ¢hwilie8 preporty tslr o)unts in ￿x￿darte Thlth tho FiTrgndal Rtyorung StaNl¥d In the UK ar￿ R•p(d Ird•KI (FRS 102) (dre¢fr￿ 1 2019 obl￿15¥￿ and •kn¥ ￿￿￿lY Clwg8 I•AMC) per IThxeoJ•d kn £525 pw M¢￿th1202243.. lhtho ¥￿ to erKknr• Ihe uptrwv81 thlst ￿r￿d In thg Ilat ogrommes; 51 1nstsllati￿ 018 b8rrier In order to dater c8¥u￿ p¥kry at to e) ￿￿9￿9&¥ng 8 reNls•J ￿3rE1 syslwi for Ihè lubjre., 7) R•￿th. ropair rthyl reFAa(m8nt ofdcth Lmits the 811?., Dumg the y•¥ the c• mwje • urnetytr￿ of £13.$38 12023.. £10.928). th• ckntabbè (Mipary h88 wsnulated rn•8pAs of £eoi614 (2023: £588.7681, of £43.7￿ (2023: £52253) ar• Id In dad￿ated res￿. Inv••thi•nt Polky Thère are festrlckn$ on Ihe In¥esL Ttrk pc4y 1$ thithd by the tt Is the w1￿Y of the trustees to maiilan urnest￿j luryJ$ llthith WB thè free reseryes of th• th¥ityl at a 8r9 IiqLMI o¥*1th 10 tho t￿Le891 As at 31 Mwth 21k4 free rewv•s £178.591 (¥J23: £1￿.9921.

EVANSE COTTAGE IIOMES REPORT OF THE TRUSTEES POR THE YEAR ENDED 31 IAARCH 2024 Going ¢onc•rn The tr￿steeS haNe pr￿red a for 2Q&25 aTrJ. haNiry Cons¥￿ th8 Q5hfbw ktt8St for the 12 months fOlkn￿ng Ihe date of sIgn￿g of 8ccwnts. a￿ Satsfd that Iho ¢haritatd8 cA)mpffj c8n 1) c￿-￿n9 Instamatth or repgr ofal UPVC Windc￿ la￿. 31 Orwxng refurbishment offlats 8s and tlw b8c<xne vac 41 A rclliThJ prograFfffi8 of refiwbFthwts for we￿t regdents based on ne&J. wpcttknty ishes of the residents.. 51 Fther considerabon of the recommendaD"¢)ns m&Ye In ts ￿liqu￿nI81 w120W 6) Improvem)t to the landsw#ng ofthe gounds., rnJ ele¢trKAty proMsiorKs.' 8) Energy Performancè Cerffificat8s for Ilats" 9) Asbesto$ s￿ upjats to the txjler rocTh.' 101 PAT testing polry for for resident and cCffimLN￿I f l) R&Jdarv￿lts to ftats aTrJ resthnts in Lyderto mcffwbrh•allh and STRUCTUR& GOVERHANCE AND MI￿G￿lE￿r Govwnlry document istered as ¥ charity cyt 10 S8Ptamtw 1W. The 0)Mp￿ es1th4shed urhjer a of The drectors of Ihe CoMp￿Y are aL80 ¢tharity tnJste8s for the pwr•)s¢ oftsity W d the c4JmpanYs /¥tides of As￿l8￿0n a￿ as the conNThttse. The admiF¥5trabc￿ of the dMirtat4e cthnp8ny IS r¥￿¢aed by Ihe boanl. T￿Y ¥tl mattets of mWem￿t a￿1 meet al regU￿r intervals Dtrectorlnductlon and Tralnkn9 New Erues are made aNwe of rnsporryblfies atJ famliarise trthiselves Mlh the practical and ￿elationS. To asslst them ty are promded vKlh a Copy ol the T￿1,& conslitulKn. the ￿teSt publlshed a￿unts and apwcpriate Ctrrity C(thmissKin p￿￿Or6. ￿ memters a￿ asF4xaatg$ and frierxls of th8 Chits￿e ￿tIcular spetsa¥sm& maiority ol the charitable c()¥WLI5 ciiriwit assels ar8 Énv6st•J in eit￿ Uoyds 88rt ReoI4rod Bank caM￿dge and Counties Bank or AffiMlati￿ Oepost for Chibe& The trUs￿e5 arB of the that (yjffent hve$trnent has a mrmrrtal risk the tharitsblè company. The tnjstees c¢nsider thè key risks these risks.

evANS8 corrAGE Is.. oq.IOIII..-... A M GuFil•y. T￿8*0

INDEPENDENT ExAl￿En RUIORT TO THE TRUSTEES OF I rem lo tho dwty tswlees on my of the a￿3A￿￿ of ts Compgny k¢ eTMled 31 Mary 2024. R•Sp￿sIbilItI•• bmls ol r•piNt As chty's Injstees of the cr￿P￿ lxl th ts d¥e(y% fvx Ih? of Cory￿y l•) y￿j are 2006 {'Ihe 2006 Acri. satlshed my8df th4t of the are r#)t to ￿ audited Port 18 01 2006 Act and lor independ￿1 exwnin8knc). l FBPNt in rnsp8ct of my examinalKM) of wr dwrity's èccounts 8s ¢amad out under Sert￿ 145 of Ihe Ch¥ths Act 2011 (Ihe 2011 Act,). QLI my ex￿inal0n I lve fdl¢yhd Ihe by the Charity Commissiffi uThJw S•ction 145(5) Ibl d lh• 2011 Ind•p•ndont •xqfflln•rf• •lai•m•nt I have compl8t•d my •xmln8tic¥i. I rxrfmi tw molt•rn ha￿ oyn• lo my •ltsnlim In conn•cll)n wilh th• examinaikn gviryJ me cause ￿ b•llM.' I., or occrAmls do o)mply vAih the ac£o￿tir& wrements of S•cllon 396 of ￿ 2LM)6 Ntl othgr 78n #ny requirement that h accounts 9N• a Iru8 oThJ f nol 8 matter Corw1(￿ as part of8n I￿perm￿nt examin•lknn', or th• acojunts have nol been pry￿re￿ In acccthce ilh tM meltrtsjs and of the Stst•m•nl ol Recomm8nd•d Prxtic• fcy ac£rAmtng ￿ rewilig by chwllbs {￿[￿1¢8￿8 to c￿TIl￿6 wepariro ol ITel￿d IFRS 10211. I ha￿ no e4)Thxms •uosJ otsr mAIIw8 ffl com8c1x￿ tho •xamlnAVon to attenti￿ stthkl b• IN& Iwt In ordw to enatrA• 8 of the •¢C#)unts lo b• reachéd. Jeremy lfjtscffl FCA Corner Oak l Homer Road Solihull 8913QG

EVANSS currAGE iThes FOR THE YEAR ENDED 31 IIARCH 2024 un￿ Totsl funds (Note 131 Ml• INCOME AND Donaticffls l&Jad•g 10,1))) ChArltabl• Charitable ocbvi¥86 158,WA8 2,379 T￿1 177W8 IT128 171285 expEl￿rTURE ON charl11b￿ acll¥ltl 72,353 15.883 15.7e6 47,573 3.1W2 day mdn*n•K• Extraorthary malntenw CydK81 maintenaiYA 16.327 H053 17JJ47 17,047 16&512 163112 I￿267 Nat galr•) hwsknents P7) {1,090) NET INCOME 210 13,746 10.V28 RECoNaUATK￿ OF PU￿$ 181,135 7m3 FORWARD .514 588.708

EVAMSS COTfAGE HOhlES BALANCE SHEEr 31 MARCH 2024 Totsl fund (Note 131 fund nds Tangible awls Inv••lm•nt• Inv88tments 371.393 7043 10 48.750 4B,750 48,750 414080 4a#23 427,n6 CURRENT ASSETS come Cash al b•rA( 1￿111 185,111 104.984 I￿111 185,111 165,872 CREOITQAS Am¢wnts falry duo llhkn om ye 11 (6,520) NET CURRENT AS8eTS ln. 1n.$91 180gY2 TOTAL ASSETS LESS CURReNY LNBiunES 802J14 $88,788 NET ASSETS 871 7.843 802,514 588,788 FiINDS Unres(rfcd fw 12 002,514 088,788 TOTAL FUNDS 602.514 588,768 Ihe ye8r 31 2024. The membeTS have Tr)t r8qurnd company kn obtsln an of tt8 flnKaal atements for the ye erthl 31 Morch 2024 in Sec￿Tr 478 ￿thtt Cry#es kt The truthe$ ad(no their rnsp(xMibdifies la) ensuring thal the ch6tat4e c))nN￿nY keoP8 rwjvth that canpPy Sfjcl￿ 386 and 387 of Ihe Companies Act 2006 an {b} yep8ring slalem8nts thiL ￿ a ond of ts state of affalrs of the th8ritable company as al the end of each finBn¢ial year ard of its SUrFA￿ or defic4t for oach finarwl yw accord￿Ce wth Ihe requrements of secb.ons 394 a￿1 395 grxs otrkni$e comply y￿th thg req￿￿Ments of Ihe Compgn kl 2￿ relatirwJ to financial slatemw)ts, so far as eFfdicatrAe to thé

EVANS'S COTTAGE TrNXIES 31 MARCH 2024 fThrKyal

EVANS'S COTfAGE NOMES NOTES TO ThE FINAIKIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Eva￿￿,$ C• FkJme8 irv)XP￿￿d Clorily in the United lTr￿n. Tr &Jdress crf the office Is gvon in the dwlty inf(¥mthn on p•Je 1 of th￿ finKaat slalwngnts. Thg pdncipol thr¢xJgh￿t Jhe yearand th8 prtcethng perKJd. ACCOUNT114G POLICIES that investments hdd as f￿ed a$8ets are ¢xnod al mwkel TW we dravm up in accordan Ih ihe C(xnp8ry88 2￿. The charbty ccWi￿ a p￿lie t￿fft onoty as d8finod by FRS102. The ffinanciat tements b8on werqred n awdance Ihè Charibes SORP IFRS 1021 'Accywnting and Rgpcrfb"tvJ by c￿118$.. St8tem•nl ￿ R&xrfMi8tMtsJ ￿8cl￿a ar￿at￿8 to charftl8$ preparkng thdr accounts In acc￿08n¢0 V•Tlh the Finoncaal Reptylng st￿rd applicabkn In the UK and Rep￿1￿ of Ireland (FRS 102) leffocfve 1 2019).. Roporting Standard 102 The Fknantk￿ R•wting st￿derd in the UK of Ireknd Compathj Act Incom• AJI incufie Is recognlsfjd in th• strkn1e￿ of FirnrKial ort• th• 8nllknent lo th fuThts. tt Is prc&gbl8 Ihèt VAI bg rx•ibryJ aThJ tha c4n be mowrgd r￿lably. Exp•ndllw• Lk4blUiies om rwnlwl as a¥ soon a8 thwe 18 8 W or obligalion commlttirrfJ Ihe chartty to trtgt experth, rt is Fyobth that a trwthr of e¢onomK b￿efft$ WN bg qLir8d kn ￿lt￿ment the aft￿Int of th8 owlon ￿1 b• mgwed re¥ably. Exper)dllwè 1$ acu¥unted on an •cu bMi$ ar¥J hjs b•en dwthed urKltr th8t •ggrngale aH cost retated ts) the catwy. b•Aw• costs (MtX be dwecly attriimjted kn pwiKLdar hèadings have been JllcK8ted trtr on • t8ig th• u88 cl ree0w￿. T4nglbl• fix•d •••8ts No (1oprts(yalkn is SXD¥J•d on freehold ¢)n Ihè wuids Ihat th•y arn re9ul•ly lo 4 high stsndard and, in the opiiion of ts Tntstee5. gNen the hJh I￿1￿Ul1 Va￿ ol wopgrbes. I deprnrAaltffi thwge aml do￿10ft wxJ bo immalwlal to th8s8 accwrts. The llxUw89 ar¥J fittin9s arn d￿r￿jaled M a 25% stsghl kne ba￿ A fum ygarfs ¢harg8 has be L)vided for h the yvar of w￿S#￿)n •MI Th) wil be mgd& in the yaar d di8pxd. Items ￿511￿ less lh￿ £1,(MXJ ore not caMais•* in faIrwd1￿ is recowi8ed bn the S18thent of Finaryial

NOTES TO THÉ FWANCIAL STATEMENTS. FOR YEAR EPIDED 31 IAARCH 2024 willin seclkns 481489 01 lh8 CTA 2010 ￿ Sedb)n 256 of thts Taxalh)n of cha￿￿8 Gns Ad 1932 DMlgn•d Fund• Cy¢M¢•i R•p•lr• lund Rostrictwj fvnd8 cwl be u￿1 for pwts'ejjw reslthtl pwwsges ittxn th• objth of ts tharft8bl• VAT èxpe￿&1¢￿? 1$ IrYkniw¥ ofVAT. 172 2,207 s￿27 2,379 Page 10

EVANS'S COThAGE HOMES FOR THE YEAR ENDED 31 MARCH 2024 NET INCOMVIEXPENLXTURE) Net lmrfemk￿thre)1S staW after thrfcr8drtir•Jl: 2023 Ind8PWKknI exam73lbn ¢)nts 3.192 TRUSTEES. REMUNERATI￿ AND 8ENEFIT3 y•w 31 2023. 31 2023. STAFF COSTS Tr avryo nwnber of#aff wnpbyl by Iho pwk¥J ¥rt8 1 (2023.. 11, Acbth IDr th• year 18 £781 12023: £7021. There were no cxtstsntdng CA)ntrlxrtrm and no pw Q)ntthtKjr￿ at Ihe year eThJ 31 March 2024 rnr at 31 MwrJ13)23. Unk•d Tolal fiJnd5 (Note 13) INCOME AND EMDIMaEpifs FROM 10.ThY) Clwtt•bl• athltte• M8intenanc8 o)ntslbul 158.UKkl 1S8,WO 150 2,379 1ffi.135 19) 171.285 EXPENDITURE ON Charltabl• xtlvftl•• Charitable acUvltl8s Day tr) day mainlenar Exlr80rdinary mnten CYd￿4 manten*rKe n.353 15.883 72,353 15.883 15,766 47.573 3,192 7.397 47.573 3.192 Page11 continued...

EVANS? COThAGE Homes NOTES TO THE F1M￿ClAL STATEIIENfs. eontlnuwl FOR THE YEAR ENi)ED 31 AIARCH 2024 Unlfrsted Nwostrnents MARKEf VALLE At l prll 20Z3 lb)n RévalualKffjg 237 127) At 31 Marth 2024 NET B￿K VALUE At 31 March 2024 At 31 20f6 7.633 Thè InNv8bm•nt bry kn The Snth Trn81 F￿NI a trknl dwrfty b) Cotta Homes 88 dtitail&J h) rn)tè 13. The furbts are hdd ès an IrWeSb￿ kn the Bla￿r0¢ Cherfti¢s UK 8oNJ Th$ In￿trne￿ Ls SI￿ asset d th• PLYPO80 of gWf8t• l(¥ ts uso of Ev&n8'8 C• Hom8S. 10. FAIR VALUE At 1 2023 31 March 2ff24 48.750 NET BOOK VALUE At 31 2024 750 At31 48,7YJ Th8 bkxk of six fiats Ev9ns's Cottag¢ thg ulb'm¥4te frethdd•r revalu8d by Nlck PkJtn•k AwKiates In 2018 $8 £97.SIKJ. beir*J Ihe avoY89e valuation for the flats reM•nI￿ on short 18a80s. Th• Val￿ti￿ was prgpwed on a le8sehobJ w¢rwi ba￿ the vakn8llM belng an Utsn De¥eloFrfnenl kt 1993 an un(kn tho Landk)rd arwj Tenanl P£t 1987. At the date of th¢ th¥& r￿an•s th8 of lh8 Feas• pwKd. th• yew end￿ 31 2￿20 vrns on8 remairing lèase ￿eXtend￿J. It W88 deemed •pprtyriat8 lo rwdue the IMstrnenl prr4My in the 81xoJnls ae¢crftlirwJty 8$ half the 2018 vakng. Therefore 81 Ihe y8ar erKJed 31 M8f¢h 2020. the remaning thort ￿aSe was vak￿d al e48,7SJ. It h been deemed apprcyiak for vauakon at the y8ar 31 M8rth 2024 to a1£48.750. Pa90 13 <￿1￿1Ued...

EVANSS CO￿A¢￿ HOMES NOTES TO M FINANCIAL STATEA*NTS. wrthxmd FOR THE YEAR ENDED 31 IAARCH 2024 Llikod INole 131 nd 151.870 7,397 159.267 TIM {1.owI) (1.OWJ) 14 (2.3g7) (2,397) 2,397 10.928 11ffi8 1940) 10.W28 T￿47 funds bwhtfcThwd 581,135 $88.708 At 1 w 3rd3 t4xI 31 M¥th 2024 OEPRECIATI)N At 1 Aprl 2023 ChJrg8 for yew 409,726 At 31 Moth 2024 NEf BOOK VALUE At 31 2024 At 31 Marth 2023 367,￿} 371,393 Page 12 conlnLWJ...

EVANS'S corrAGE Hcth 11. 555 3.1W2 4074 11 MOVEIIEln IN FUNDS At 1.423 31.3.24 (67.596) 546.921 Deswated R¢parts & Designated fLmtr. Extr&&dtr Re￿r$ {17W6) (X053) 54053 Twsl 48,75Q 1S74fj 1514 588.761 11746 601514 Movemnt in funds Genera l￿d 177048 192A13) 84635 M&nlenan {17N6) 117J1461 Re￿Ar$ (S4￿5? {4053) Trust 1271 210 17728$ (161512) 11746 TOTAL FUNDS 1TI.285 1161512) (27) 13,746 Pa98 14

EVANSS COThAGE HOMES FOR ThE YeAR ENDED 31 MARCH 2024 12. MOVEMENT IN FUMDS. conllThwd Tfan8fers At 1.422 tu 31.323 lJnrotrlct•d lundB General Imd 70207 147,397) Maint8nar Designoled fiJrKI.. Extr•&thry Linked Chwlty- Srnth Ewty Tntst (47.m) 071 3.￿13 (8,￿) 171) 8.573 48.7YJ 7.833 48.750 RMtrlct•d lund• 1&325 (2.3971 588,768 12.3971 TofAL FUNDS 10.928 588,768 nlr•J R•5wrces Galns Movement In fvnds GeTher￿ fLnd Deggnth ILnd.' R•pAtrB & PaaIn￿alKe Designated fvnd.. Extrtr￿ Repair8 Lill￿ Ch Allr•J Smllh Ev Twst 186.135 (95,m) 70,207 147,m) (47.573) {8,369) 11.CW) 19401 1fj6285 R•¥trICt￿ fund• Restricted tund 1151.870) (1.0￿) 13,325 (7.397) 12.397) TOTAL FUNDS 171.285 (159.287) 11.0901 10.V28 PURPOSE OF THE11ESTR￿ FUND ¥wi9 2023 the cbartty £5.fXXI from B&Q thè purrhso kn51418fjon of nv vehicle barriers. ThLs was SFnt d￿ng balance on the wtr•Xed fvnd as at 31 Marth 2023 is £Nil. In 2024 the remained at £NI. Pag8 15 e4)nIn￿l...

EVANS'S C￿rAGe HOMES 1& RELATED PAKllES dotfjd 29 1981 J a tru8t 14 Sopth 188& #Kome frcm Tr hifred Smlth EV￿ Tru FWKI, 16 kn b• knbwtment in 8lxkrrKk UK BThKJ shm. Th• mthet ¥8￿0 of tras inv851m￿l at 31 March 2024 was £7.843 121Y23: £7.633). kn*sIm￿l wmxffje of £r37 (2023.. £1501 trhgs been rnt8hwd d fthwslod by The Allf•J Smilh EV￿ TnAt FurKI. Py16