REGI￿RED CHARrrY NUMBER: 236411
REPORT OF THE TRUSTEES A14D
IAL
ATEMEiYrs
24
FOR
C B H¢slop & Company Limit¢d
l High Strttt
That¢ham
Berks
RG19 3JG

ARI
COKTENTS OF THE FtNANCIAL STATEME
for the
ear ended 31 DECEMBER 2024
Pagt
Referentt *nd A¢kniDiStntivt Delai
Report Of the TnM¢¢es
2 to 3
Indep￿￿ent E￿MIner'S Re￿rt
St*ttmeat of Fin*nci￿ Aelivit
BalaDce Sbttt
Notes to the Fimneial St*teme•ts
7 to 16
D¢t*iled Slat¢m¢Dt of FiD*peiil ArttYitKs
17

KINGSCLERE ALMSHOLSES CHARITY
FERE
for the
AND ADMINI
r ended 31 DECEMBER 2024
Trns¢ees
Almshouses CbArtty
Copofficial
COU￿¢11]01 s￿ Adams
Nominativ¢ Tn¥ttts
P StewdTt
I Power5- Te$igne4122104124
Philip Crisford
Nigel Chomings
Melanie Pr&ter. appointed 18109124
P Drin8. Vice CThainnan
Andrew Kitrh
Petcr E&stwryck- Field- Cfrainnan
Rev Pe* Williams
Rob¢rt High•m
P Crisford- ￿81￿1￿
I Pow¢rs- Vi¢¢ Ch8iTman
Wdfire Ckxrili
P Ea%ti4ick-Field
CoU￿1110r Sue Adams- Chainnan
Clerk to the Truste
GHern
Addre&
6 Cedar Dr.
Kin8scl¢r¢
Newbury.
Bethiff RG20 51B
Chirlty
RSL number
236411
A0486
A¢eountaThts
C B HeskTrp & Comp8ny Ltd
l Hi8b Street
BeTkshire RG19 3JG
BaDke
HSBC Bank PIC
2 The Parade
Mulford5 Hill
Tadl¢y
Hatyhr¢ RG26 3LG
Injvrnnee Broktr
AON Limit¢d
Briawliff House
Kingsmt4d
FaMbO￿lu8￿
Hampshire GU14 7TE
Page I

REPORT OF THE TRusfEES
for the
r ended 31 DECEMBER 21124
The trn5¢¢¢5 presen¢ their report with the fi]wi¢ial ststement5 of the charity for the year eThJed 31 Decernber 2024. The
tru5tee5 havc adopted the Provisions of Accounting and Rep>rting by Chariii¢s'. Stst¢ment of Recommended Prxtice
applicable io charities prq)aring ihEir xcounts in aCCOTdance with the Financial Re[￿7n8 St￿dard applicabl¢ the
UK and Republic oflrelwml IFRS 102) (¢ff¢¢tive l January 2019).
Charity ngme
The full name of the charity is The Charity of The R¢v¢r¢nd Thomas Brown. athl Tr Charity of George
Durbidg¢'. Th¢ ChOTity i$ b¢t¢¢r as the Xing5rlcr¢ AlM51L0￿ (￿ri￿.
ConstSthtion and objeets
The charity 15 operated under the rules of its Charity Commission kheme dated 2nd September 1969. as varied by the
Scheme of 2nd February 1987 gDd Order dated 18 March 2003. The principal objectives of the Charity are:
To Provide acconMTrJkntion 10 PLK>r persotL8 resident in the rAriskn of Kin8scl¢r¢ and the ancient parish of
Baughurst.
2. To apply the income of ihe chanty forthe bcneflt of the almspeople in such manner as the Trnstees see fit.
Printi￿7 policies to athieve objects
Th¢ twelve almshouse ￿0pe￿IeS are leased Wlder lieense to locaj r￿ide[rtS for a ￿ekI). chrge. This irKonx is used to
fiujd the running and mainteDaThce costs of th¢ properties.
Review of the year
A¢roTnmodation Wd5 provided to 12 alm5people thiring the year. The income ￿ applied against the generni rurthing
expenses, leawtsg a net of £12.216 (2023 -£12.785) bcfore Invest￿ incom4 reVaI￿tIOn gains aDd property
improvement transfer5.
The trustees would likc to expres5 their thanks to the Warden for her efforts in etLwring the ￿1] being of the residents at
Headley. Th¢ tn￿re¢S will ¢ortinue to work with the Rllterest5 of the reshdents in mind and will strive ￿ mainthit) and
improve the properties lo the best of their ability whilst bearin8 in mind th¢ fiu)ds available.
Reierves policy
Th¢ designated ￿nd for Cy¢li¢al MarntenaTKe stands at £36565 (2023 £34.742) and 15 rnaintained in accordance with
the Charitv Scheme. The funds are invested by the m￿le¢S in order ￿ g¢nern* in¢ome for the fijture maintenance of the
properties. Ao annual transfer of £Nil (2023 £Nil) is rn8de from unrestrictd furM15 to the Cyclical mainten￿¢¢ Fund.
Unrestricted funds are required to sup￿)rt the Twming costs of the charity on a daily basis. Tbe Current level of £84.855
12023 £70,828) is appropri*¢ for this p￿￿)se.
Rlsk M*n¥gemenl
The Trustees have coLsidertd the risks to *tiich the Charity T1￿¢ hav¢ b¢¢n revi￿￿d a￿1 systems and
proccdur¢s are in place in order to mitigate those risks.
Trustees
The Trustees of the Charity during the year ￿￿er r¢vi¢w ¥¢ th)se shown on page l. Whell ￿mplete. the boaTd of
tn]str¢s shall wnsist of ex-oifi¢io trusiees, four nomiDative tr￿SEe¢S a[￿ four c(￿pt￿liVe trustee5. The r￿)mIn*tV¢
trustets are appointed by the Parish C(yJncils of Kin8sclere and Athford Hill with H¢adley. Coroptstive trustees are
persons residin8 or ¢arrying on busin¢ss in or near ihe area of benefit. A new may be aprA)inted by a re50lution of
thc Tru5ttes. T￿Orded in thc minute5 and an acceptance signed by th¢ n¢w trustee.
EleetioD of tlle Cb4iTiiia
The ¢hairn1on 15 ¢le¢t¢d by the t(ustees for ￿p￿10d of one year.
OrynisatiOD#I $tru¢tu
The trustees meet flve time5 a year to discuss the ovcrail ow*ion of the ch￿lty ￿11$1 the day to day nmning of the
charity has been delegated to the Clerk is assisted by the Warden.
STRUCTURE, GOVERNANCE AND MANAGEME
Governing document
The charity is controlled by its goyernitig deed oftrLLSt aTxi constitutes ￿ un]ncort￿1ed ehanty.
Page 2

ERE AL
IARTrY
REPORT OF TIIETRU
for thE eHdtd 31 DECE
BER 21ll4
Arq>rDYed by ord¢r of bootd of trwetson......_......
•kl its behlfby..
P G FA#4￿k-Fl&d. TnL

INDEPENDE￿ EXAMINER'S REPORTTO THE TRIJSTEES OF
NGSCLERE ALMSHOUSES CHARITY
Independent ex•miner'5 report to the trn5tees vf KiDg5dere Aiwhouse5 CbarKty
I r¢p)rt to the charity twst¢¢s ¢)n DIY ¢xamiDation of the a¢￿￿￿ts of Kiw¢lere Almshouses Charity (the Tn￿1) for the
y¢arended 31 December 2024.
RespoDsibilitieJ aDd basis of rep)rt
As the charity trnstees of the Trusi you are responsible for the prq)ardtion of the xcounts ID %cordaThce with the
requirements of thc Charitie5 Aci 2011 Ilhe ACV).
I report in Tespe£t of my exarnin*ion of the Tr￿5 accounts ￿rried out under Section 145 of the Ad ond in ¢arying out
my examination I have follo￿d all applioble Directions 8iveD by the ChaTit)' Comrnis5ion under Section 14515)(bl of
the Act.
Ind¢pemd¢n¢ exam1￿r.> s¢*t¢me*t
I have completed my examination. I confinn that no material matters have come ￿ my attention in ¢onn¢¢tth)n with the
examination givin¥ me Cause io believe that in any mateFi81 re5PeCt.
¢¢ounting records were noi kept in ffsped of the Tn￿ as miuired by Sethion IJO ofthe ACL or
the ac¢ounts do not ac¢ord with dKTrse recoTds" or
the a¢¢ounts do not ¢omply wilh the appli¢able requir¢ments ¢ofh¢erning the fonn a]¥J content tsf accounts s¢t out
in the Charities {Accounts and Reports) Regulations 2008 other tkn any requiremeni that the a¢¢0￿1$ give a
tru¢ and fair view*thictL is not a matter ¢onsidcred as part of èn indcpcTwJcnt examination.
I have t)0 concerns and have ￿me ttcross no other nJatte¥s In coDnection wilh the exami[￿l10n to which attention should
drawn in this r¢FXTrrt in ord¢T to enable a PTop¢r understanding of the xcounts to b¢ reacbed.
Sieph
J Coke
C B Heslo
c.ompany Lirniied
Chartered Aecountants
l High Streei
Thatcharn
Berks
RG19 3JG
Date..
OL. io.
Page 4

srATEMEKf OF FINANCIAL AC]IVITI
for tbe
'ear eDded 31 DE
EMBER 2024
31.12.24
Total
nds
31.12.23
Totsl
funds
Unrestricted Desi8natcd End0￿￿ent
funds
FuThl
ffimds
INCOME AND
ENDOWMENTS FROM
Cbaritable Aetiyiti
Charitable A¢tiviti¢s
83.636
83.636
71,782
Investm¢nt in¢ome
30
933
1,057
Total
83,666
933
84,599
72,839
EXPE]YDITiTRE ON
CbaritAble activiti
Charitable A¢ttYitie5
70.561
43220
113,781
127,046
Net gai115 on investments
25
915
1.616
NET
INCOMEI(EXPEND]TURE)
Tr*Msf¢rs betw¢en fwids
13.130
{926)
(43220)
128.2671
(52.591}
16
Net moveme￿1 in funds
12204
1.823
(42294)
1282671
(52.5911
RECONCILIATION OF
FUNDS
Total fithds brougbi fonvard
i4.742
2.106,398
2.177,226
2,229,817
TOTAL FUNDS CARRIED
FORWARD
48,290
36,565
2,064,104
2,148.959
2,177,226
The no*s fomi part of these fiDaDcial statenKnts
Page 5

E ALMSH
31 DECEMB
024
31.12.24
31.1123
FIXED ASSETS
Twyible
Inw¢51mEIK5
1074,560
25.6
1117.780
23,842
li￿250
2.141022
LkbtOTS
24.956
37J61
18J70
31,767
62J17
50J37
CREDITOKS
Arno￿ hlljn8thRwithint￿BY
12
(4.417)
{42771
NErCuRRENT￿E75
SLIIIO
46￿60
TOTAL LE&$ CURRENr
LIABILIIILS
1151350
1187ffj82
CREDITORS
13
(9.391)
110.456}
2.141.959
11Tr226
16
84.855
IW.104
Xl.821
I1￿)98
Endowmem fijnds
IDTAL FIINDS
Il4(959
2.177.￿6
The fir
P G EBs(wick-Fi¢ld- Tn•*¢

KINGSCLERE ALMSHOUSLS CHARTTY
ATEMENTS
r t￿ded 31 DECEMBER 202
for the
AccoupmNG POIJCILS
B#ais of preparing the fmantial ststerneDts
The financial statements of ihc charity. which 15 a public benefit emity UTwJer FRS 101 htve been prepared in
¢ordan¢e with the C.hariti¢s SORP (FRS 102) 'Ae¢ounting and Rep)rtin8 by Charities.. Statement of
Recommended Prdctice applicable to charitics prqjaring their accounts in accordance with the Financial
Re￿rtIng Sthndard appli¢able in the UK and Republi¢ of Ireland (FRS 102) leff¢¢tiv¢ l January 2019)..
Fina￿JaI R¢portin8 Standard 102 Tr Financial ReE￿ing Standard applicable in thc UK and Republtc of
Ireland. and Charities Acl 2011. The finan¢ial sthtemenis hav¢ been prepared uDd¢r th¢ histori¢al ¢ost
conv¢ntioD, with the ¢xc¢ption of investn￿nts which are include41 at rnarket va]ue. as modified by the revaluation
of certain Ls5cts.
All inwme is re¢ognised in the Stsiement of Ftnancial Activities onc¢ th¢ charity has ¢niitl¢m¢nt to the fund8 it
15 pTobgbk thgt the income will be received aDd the 8llK)unt Can be mewred reliably.
Expenditure
Liabilitie5 are rttogtiised as expendiNre as swn as they¢ is a kg21 or co1￿[￿tive obligation cornmithng the
charity to that expendI￿re, it j5 probable that a transfer of ecorrt)mic benef5ts Hryll be required in settlement and
the amount of the oblÉgation ¢att be MeaS￿red reliably. Expendittw¢ is a¢¢ounted for on an a¢cNals basis and has
be¢n ¢lassifi¢d under h¢adings that aggregate all cost related to the category. Where cost5 cannot be dirceÉly
attributed to particulaT h￿dingS ￿ have been allo¢aied to aaiviries on a basis ¢4)nsisient with the use of
resour¢es.
Cb#rit*ble #etivlti
Cost5 of charitsble acttvitics inchNk the c05ts inLJJrrd fTDm Tunning tk Altnshou5es.
Gov¢rThant¢ tos¢$
Governance cost$ Comprise all costs involving the PLbli¢ a￿o￿ntablItty of the charity and its ¢ornpli8nc¢ with
regulation ST￿ gwd pra¢tic¢. Tlw costs include costs related to 5tstuttxy audit atsd legal fees.
T#ngibk fixed assets
Deprtciation is provided at the following aN)ual r4t¢s in order ￿TIl¢ off each asset over its estÉmated useful
lif¢.
Freehold property
Aon cost
T￿￿tion
The charity is exempi on its ¢haritsble ￿1vitIes.
Fund strurtllre
Theie are two penll￿t tndowmurt funds. The KevertThl Tknmas Brov4Tr and Gcorgc Durbidgc Bequests
pnwide accornm￿latIon for pth)r pers￿$ resident in the parishes of Kings¢lere and the an¢ient parish of
Baughurst. The rental incOw￿ is wlM>lly unresrricted and Shall applied for the benefit of the almsptople of the
Almshouse Tharities &$ the Tnjstees see fiL
The dmrity does have any ffstri¢ted fimds.
Unrestricted in¢om¢ ￿lld$ wDpris¢ those funds which the thLStees are free to we for any purpose in furtherance
of the charitable obj¢ct5. UnTCStrirted fi￿￿5 incI￿Je designated funds which ￿¥t been mairttsined in ￿Cordance
with the goveming th)¢um¢nl. Furth¢r detsits of the fimd are dis¢l¢)sed in note 12.
Page 7
continued...

KtNGSCLERE
LMSHOU
NOTES T
for tbe
'ear ended 31 DE
INVLSTMENT INCOME
31.12.24
31.12.23
Dividend Incom¢
963
1.057
CHAR￿ABl￿ AcrivrriES cosrs
2024
2023
Salari¢s
Property running costs
Maintenance
Careline expen
Other costs
Loan interest
Depreciation
Batth irttcre5t
16.472
15,P)2
40.714
1.440
738
1.618
43220
67
53,1%58
1.4
1.739
43320
65
106Ji•
116J311
TRUSTEES, REMUNERATION AND BETrIEFITS
There were JJO trustees. r¢mur¢ro¢ion or other benefit5 ￿ the year e￿Ie￿ 31 Decemb¢r 2024 nor for the year
eThled 31 December 2023.
Trllstees, expen
Th¢r¢ were no tt￿tte5, expeTr￿ paid foT the year eThJed 31 December 2024 nor for th¢ year ended
31 December 2023.
STAFF COSTS
2024
2023
Staff coJts
Clerk to the tsiths
Warden
Employers N*ional Insunrte
Amounts rEclJargd to The Welfate Charilies
10207
9J27
8,316
8.319
{3.062)
(832)
16A72
15003
Th¢ average monthty number of employtts during the year w&s as follow:
31.12.24
31.12.23
Ckrk
Warden
No employtts rec¢t￿d emluments in excess of£60.000.
Page 8
continued...

KING
LERE ALM
HOUSES CHARI
NOTES TO THE FINANCIAL STATEMENTS- tODtinu
for the
tar ended 31 DECEMBER 2024
COMPARATIVES FOR THE ￿ATEmENT OF FINANCIAL ACTIVITIES
Unrestri¢ted Dcsignatcd Endowment
funds
Fund
funds
Total
nds
INCOME AND ENDOWME]W6 FROM
Charit9ble activities
Charithble Adivities
71.782
71.782
Inves£rncnt iKOTne
29
1.028
1,057
Totxl
71,811
1.028
72,839
EXPENDrruRE ON
Chxritablt •rtivities
Cbaritable Activities
83,126
43,220
127,046
Net gains on inv¢stsnents
93
1.523
1.616
NET INCOMEI(EXPENDITUR
TrAnsfers behvttn funds
{11,922)
2,551
{6.745)
(43,220)
805
152.591)
Net Jnovememt in fuDds
(5,982)
(4.1941
142,415)
152,591)
RECONCILIATIOIY OF FUNDS
Totsl ffijrtds brought fotward
42.068
38.936
1148.813
2,229,817
TOTAL FUNDS CARRIED FORWARD
36.086
34,742
1106.398
1177,226
GOVERNANCE COSTS
2024
4.669
2.867
1.976
2023
8,890
200
1,626
Accounlancy and lega] fees
Offi¢¢ and #dministraiion expenses
9J12
10.716
HOUSING ADMINISTIL4TION COSTS
Operaii
Surp
(deficit)
83,636
(18,650)
(1,618)
(9,5 12)
{40.714)
S¢rvi¢¢ int•m¢
Housing Accom[T￿tiOn- 12 units
Sejwices
Mortgage loan interest
Management and administration
Day ￿ day repairs and mainieTiaiKe
Provision for cyclical maiDtenatKe
83.636
118,650)
1.618)
(9.512)
{40.714)
83,636
70894
13,142
Page 9
continued...

NOTES TO IIIE FtNANCIAL sfATEMENtS-
for the
'e*r ended
IDE
EMBER 2024
TANGIBLE FIXED ￿ET8
Freet￿ld
propcrty
C(IST OR VALUATIO
At l January 2024 and 31 D￿¢1￿ber2024
2,161.000
DEPIIECIATION
At l January 2024
Charge for ycaF
43.220
43,220
At 31 December 2024
86,440
NET BOOK VALUE
At 31 De¢emb¢r 2024
2,074.560
At 31 Decemb￿ 2023
2,117,710
Cost OT valuation at 31 December 2024 is repreS¢Irt￿ by:
Free￿Id
property
Valuation in 2005
Valuation in 2022
Cost
1,844.992
185.259
130,749
2,161,000
The cost of frcehold property is Txt of housin8 8raiits received of£149,006 sh)wing as follows:
Holdrops HilLHeadly Gffbrg¢ Stre￿￿11)g$¢Ier¢
Totsl
Orig1t￿ Co
Housing Grants
180,537
(149.1*)6)
99218
279,755
(149.0061
31.531
99.218
130.749
The properties were r¢Yaltrd &$ at 315t DecemFKr 2022 by Str￿tt & Parker who valued the properties on an
existing use basis. If the properties had noi been revalued the hiswrical Ertx>kvdlue MY)uld be £77,059
(2023.. £79.6741 net of housing gran
Pa8e 10
Continued...

NOTES TO THE FINANCIAL STATENIENtS- contin
for tbe
ear ended 31 DECEMBER 21124
io.
FJXED A&gET I￿￿$rmEKrS
Listed
inv¢stments
MARKET VALUE
At l January 2024
Additions
RewaluatioT
23.842
933
915
At 31 De£￿beT 2024
25,690
NET BOOK VALUE
At 31 December 2024
25,690
Ai 31 December 2023
23,842
There wert no investment &$5cts outside the UK.
Listed investments are revalued to markct vakne cxh year.
li.
DEBTORS: AMOiINTS FALUNG DUE WITHIN ONE YEAR
31.1224
31.12.23
Other debtors
Prep2ymertrs and a¢¢n￿d iwome
23,981
975
17.569
1,001
24,956
18.570
12.
CREDITORS: AMOUNtS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Other ¢reditors
4,417
4.277
13.
CREDITORS: AMouNfs FALLING DUE AFIER hlORE THAN ONE YEAR
31.1224
31.1223
Other Cr￿lt0
9.391
10.456
14.
LOAIYS
An analysis ofthe rnaturity of kn is given below:
31.1224
31.12.23
Amounts falling duc within onc ycaT on dcmwKI:
Other loans
1.06S
926
Amounts falling be￿ten on¢ and twx) years..
Other loans- 1-2 y¢ars
1225
1,065
Amounts falling due benveen twrj and fjve years:
Other loans- 2-5 years
8,166
9,391
Pa8ell
¢onlinued...

KINGSCLERE ALMSHOUSES CHARrrY
NOTFS TO THE FINANCIAL STATEI¥IEIYIS- eontinved
for ihe
e*r emdtd 31 DECEMBER 2024
Is.
ANALYSIS OF NET Assrrs BETWEEN FUNDS
31.12.24
Total
31.12.23
Total
fvnds
Unrestricted Designated Enthwnent
Fixed assets
Investments
Current &wts
Current liabilitie$
Long t¢rn) li3biliti¢s
2.074.560
2.074J60
25,690
62J17
(4,417)
(9.391)
2.117.780
23,842
50.337
{4,2771
(10.456)
1,125
50.517
(3 J52)
24,565
12.000
(1.0651
(9.3911
4829)
36,565
2,1)64,104
2.148,959
2.177,226
16.
MOVEMENT IN FUNDS
Net
movcment
in fimds
TTansf¢TS
Ai
31.1224
At 1.124
fijnds
Unrestrleted f¥*ds
General fund
Designated Fund
36.086
34,742
13,130
1.823
(926)
48,290
36,565
70,828
14.953
1926)
84,855
Ettdowrnent
Endowment Fund
Endowment Revaluation Reser
541.638
1,564,760
(43.220)
32.860
(31,934)
531.278
1.532.826
2,106J98
(43,220)
926
2.064,104
TOTAL FUNDS
2.177226
(28267)
2,148,959
Net movement in fund& included in the above are &5 follow&"
Movement
ID fimds
eX￿1¢d
losses
UTrreJtrict¢d funds
General fund
Designated Fut)d
83,666
933
170.561)
25
13,130
1,823
84.S99
170J61)
915
14.953
EDdowment fvDds
Endowment
143220)
(43,220)
TOTAL FUNDS
84.599
(IlJ.781)
915
{28.2671
Page 12
continued...

KINGSCLERE ALMSHOUS￿ CHARITY
NOTES TO THE FINANCIAL STATEMEN15- eontinued
for the
ear eDded 31 DECEMBER 2024
MOVEMENT IN FUNDS- eontmp¢d
CompaT*tiYu for movemewjt in funds
Net
ny)vement
in fund5
TTatLsfeTS
At
31.12.23
At 1.1.23
Unrtstrietsd
General fund
Desigts*ed Fund
42.068
38,936
(11.922)
2,551
5,940
(6,745)
36.086
34,742
81,004
(9,371)
{805)
70,828
End¢Jv4ment funds
EndowTnent Fund
Endowment Revaluation Rescrve
552,119
1.596.694
(43220)
32,739
{31.934)
541,638
1,564,760
2.148.813
(43.220}
805
2,106,398
2.229.817
(52,591)
2,177226
eotwive net mov¢nJerf in fiwLd4 inc]￿l¢d in the above arc as follow5".
Incoming
resources
Resourre5
expeJKled
Gains a￿1
losses
Movemellt
in thds
UnTe5trided
General fund
DeSi￿ted FuTrJ
71.811
1,028
(83.826)
93
1523
(11.922)
2.551
72.139
(83,826)
1,616
(9.371)
Endowment fvnd5
Endowm¢nt Fund
(4)2201
(432201
T(YfAL FUNDS
72.839
(127.046)
1,616
(52,5911
A ¢wrent year 12 mot)ths and prior year 12 ftwiths Combined positiort is as folloThs'.
Net
movement
in fimds
TrntsfeTS
betwren
fLthds
At
31.12.24
At 1.123
Unrestricted flln¢Lq
General fund
Desiw*ted Fund
42.068
38.936
1,208
4J74
5.014
(6,745)
48,290
36,565
81.004
5.582
(1,751)
34,855
EndoThThtnt fwnds
Endowmtnt Fund
Endownent Revalu*io# Reserve
552,119
1.596.694
(86,440)
65599
163,868)
531278
1,532,826
2.148.813
(86.440)
1.731
2,064.104
TOTAL FUNDS
2229.817
(80.858}
2.148.959
Pa8e 13
continued...

KINGSCLERE ALMSHOUSES CHARITY
NOTES TO THE FINANCIAL STATEME
- tontin
rorihe
tar eDded 31 DECEMBER 2024
16.
MOVEME￿ IN FUNDS- tontinued
A cuttenl year 12 Tnonth5 and PTior 12 Dm)nt￿ combined n¢t roovement in fimds, included in the above ￿e
as follows-
IrKomin8
Resoutce5
Gains at
Mov¢m¢nl
in fimds
Unrestricted funds
General fund
Desi8nat¢d Fund
155,477
1.961
{154J87)
1,208
4J74
2,413
157,438
(154.387)
2531
5,582
Endowment fum
Ertdowrnent Futhd
(86.440)
{86,440J
TOTAL FUNDS
157.438
{240.827}
2.531
(80.858)
Tr•nsf¢rs b¢tY*¢¢n fuAds
Endowment FuDds
These represent the.41rThshouse propenies which are permanent endowment. The prrjpethts art thown * maTkct
value less Housing Asso¢iotion Grants. Ikpre¢i*ion at 2./0 per amum on cost is slK)WtL an e￿n5¢ of the
fjjnd. The transfer5 represent the release of the revaluation reserve to rela1￿d e8mtngs over the usefvl life of the
asset.
£ndowmen¢ Re￿lUatIOn Reser¥t
The Revaluation Reserve represents the increase in va]u¢ of the prop¢nies were reV￿￿ed as ai 31si
D¢¢¢mber 2022 (Noie 91. The amortisation of th¢ fEvaluation rcprt5en15 the rclea5e of thc reserve to retaiTted
earning5 ovcrthc ￿fll1 life of the assets, as govern¢d by IFRS 13.
D¢sigDat¢d Funds
The Cyrlical Maintenan¢e Fund (CMF) was Sel up in accordance with the governing document io fund firtu
maiDt¢Danee of th¢ properti¢s. In¢om¢ relaies io the a¢¢wnulat¢d dividend income arising on the I￿v¢S1￿c￿ts and
interest from the CMF bank &¢ount whilst expendtture relatrs to the w>keep of the properlies. An annual transfer
is made from unrestricted funds. Revaluation are the nM)venKnl in nwk¢t va]u¢ b¢tw¢¢n th¢ balance sheet
dat¢s, les$ the ¥cumulated iA¢ome.
Unrestrleted funds
Thest are the fjjthds that have been designated and ar¢ foT gener21 a¢ttYities ofthe Charity.
17.
RELATED PARTY DISCinSURES
None of the trustee5 or any perso￿ connected Thith them have rettived Yemuneration from the charity. Non¢ of
the trusttts received reimbur5Crnr￿ for CAVeT￿5 made on behalf of the djartty.
Page 14
continued...

KINGSCLERE ALMSHOIISES
HARITY
THE FINANCIAL STATEMENTS- contiTrue41
eAr en
IDE
PROPERTY REVENUE AccouNf41EADLEY
2•24
Ineome
Gross rents r¢ttivable
Ikss- voids
69.110.60
63.203.97
69.110.60
63.203.97
Management
Accountsncy and Se¢rtsial
Property insurance
Office and adminisirntion
exptn5es
3501.45
1.646.79
6.667.85
.355.34
1.911.40
133.30
7.059.64
.156.49
Serviees
Salaries
Water rates
Light and heat
Grounds maintenance
Telephone
Subscriptions
Careline expenses
Sundries
14,940.45
14,128.78
4.071.45
705.66
5,306.78
538.M
1.440.00
32.50
1,400.00
507.50
21.190.06
21,881.50
Repairs
Day to day maintej
Provision for wli¢al
mainte0￿￿¢
32.978.71
42.984.90
61228.41
73,022.89
Fin#n¢ing
b)an interest
1,618.00
1,73S.96
Totsl expe￿
62W.41
74,761JS
TrAdiDg Surp]￿1(der1c1f) for
the yt#r
Transfer to ¢ndowDKot
fi￿d-]oan payment
6364.19
(IlJ57.88}
926.00
805.04
Surylusl(defieh) for the yegr
SJ38.A9
(12J6LYZ}
Pa8e is
ntinu¢d...

KINCSCLERE ALMSHOUSES CHARITY
NOTES TO THE FIliANCIAL STATEME
forth*
ear ended 31 DECEMBER 2•24
19.
PROPERTY REVENUE ACCOu￿-KINGsCLERE
2124
2423
Gross rents T￿e1vable
Lcss.. voids
14,525.81
&577.61
14.525.81
,577.61
Expensei
Management
A¢¢ounthn¢y aDd Sc¢retariai
Property insurance
Office and adrnini5tration
expenses
1167.15
329.36
U22.62
271.07
955.70
66.65
2.452.21
1560.34
Servites
Salaries
Water rdtes & COU￿11 thx
Light and hrai
Subscriptions
Swidries
1.531.05
1.663.10
1.531.05
1.666.10
RepAirs
Day 10 day m4itrtenan¢e
Provision for cyclical
3.664.30
4,776.10
3.664.30
4.770.10
Totsl ex￿*¢#
7.647.56
8.999.54
Surplusl(defxit) fow the year
A87&25
(421.93)
Page 16

KINGSCLERE ALMSHOUSES CHARfTY
DETAILED STATEMENT OF FINANCIAL AcnvrriEs
forthe
ear ended 31 DECEMBER 2024
31.12.24
31.1223
INCOME AND ENDOWMENTS
Inveslmen¢ inCOTfje
Dividend Incorne
963
1.057
Charitable activities
Gross Rents Reeeivable
83,636
71,782
Total ineoming reSou￿¢S
$4,599
72.839
EXPENDllitRE
Charitsble getiviti
Wages
SundTies
Maintenan¢¢
Careline Expens¢s
Loan Interesi
Freeknld property
Bank interest
16.472
738
40.714
15,792
1,046
53,068
1.41Y)
1.739
43.220
65
1.618
43220
67
104.269
116,330
Sllp￿rt tost$
Governance costs
Insurance
Accountsncy and legal fees
Offi¢e and Admin costs
1976
4,669
2.867
1.626
8,890
200
9512
10.716
Totsl resources expended
113.781
127.046
Net expethditure before 8Aitt* #ttd l•sw
(29.182)
154.207)
Realised recognised gaims gnd losses
Realised ￿InsI(10SSes) on fiKed asset inve5tnxrt5
915
1.616
Nrt exp¢nditur¢
(28267)
(52.591)
This page doe5 not foErn Part ofthe $1atutory fin￿181 5tateTnents
Pa8e 17