REGISTERED CHARITY NUMBER: 236697
WILLIAM BERMAN'STRUST
FINANCIAL STATEMENTS
FOR TrIE YEAR ENDED
31 DECEM8ER 2024

WILIIAM BERMAN'S TRUST
CONTENTS OF THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Pagè
R•port otthe Truste
Indep￿dent ExaffilneT'S Report
Statement ol Flnanclal Actlvltles
Balance She
Notes to the Flnanclal Statements
7 to 16
Detalled Statémetit of F5nahclal Actlvltles
17 to 18

WILLIAM BERMAN'STRUST
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present thelr report 81on£ wlth the financial statements ol the charlty for the year ended 31 December
2024. The trustÈÈs have adopted the provislon5 of th2 Statement ol Recommended Practice ISORPI Accounting
and Reportlng by Charltles" in preparing the annual report and flnanc131 staternent5 Df the charltv.
The Ilnancl31 statements have been preparwd in accordance wlth the ac£ountlnE policles set out In DOt8S to the
accounts on pages 7 and 8 and comply wlth the charlty's eovernlng document, the Charlties Act 2011 and Accountln8
and Reportln£ by Charitles.. Statement of ReCI￿rMended Practice appllcable to charltles wep£rln8 thelr accounts in
accordante wlth the Financial Reportlng Standard applS¢able In the UK and Republic of Ireland published in October
2019.
OBJEcfivES AND ACTIVITIES
Objectlvts and alms
The objects of the Charlty are as follows..
111 The provi51on ol almshouses for 'poor women of good conduct, elther wldow5 or unmariied who shzll be of the
age of 50 years at the least at the date of their appointrnent and who shall conunue unmarrled,
121 Any residual income is to be applied forthe a5s15tancE of Mlnlsters ur tr8lnee Mlnlsters of Rellgion,. the 5UPPOrt of
phana8es and sim113r InstkutlDns,' the suppoit of Snstltutions carin8 foi chronlcally sick p2rsons,' and the rellef of
person5 in straiteNed clrcumstance&
Slgnltlcant arllvltles
The Charity currently provides seventeen almshouse propertles and Its alm Is to utllise these as far 3$ p055ible to meet
the oblectlves of the Chailty.
Publlc benef
The activlties of the Charty 8rÈ the provislDn and malntenance of seventeerTr 31mshouses for the beneflclal cl85S
ieferred to In the flrst Dblect above and In doing thls the Trustees keep in mind the Charlty Commlssloners, guidance
on publlc beneflt.
ACHIEVEMENT AND PERFORMANCE
char￿0￿1e actlvltles
Durlng the ye8r the Tru5tee5 CDntlnuEd to be concerned for the wellare of resldents 3nd rnalntenanTr of the
almshou5e5.
The Trustee5 We￿ Sad to note the retlrement of Mr Kelth Hawkes and Mrs Ma¥lon Lofts as Trustees. Mr Hawkes
had served as Chair durlng hls servlce to the Charlty as Trustee from August 2013. HIS dI￿1genCe wlth regard to
flnattclal matters In pèrtlcular was noted, Mrs Lofts had served as Trustee slnce Aprll 2012 and her Ilaison with
res4dents over ihat perltmj was much appreclated.
The exlstingTrustees were pleased to weltome Mr Stelan Tkaczyk and Mrs lean McGlnley as newTru5tee5.
Two resldents had moved from the almshouses, Dne Into rEsSdentlal care and one to be closer to famity. The two
propertles were then refurblshed and new residents aprolnted.
kvlng recelved the Qulnquennlal Inspection report whlch dld not Identlfy any Sssue requirlng irnmediate attention
the Trvstees consldered various tmprovement works to the hlrnshou5es and commissloned the pawng of the c8r park
area to prov4de ea￿er ac￿55 for wh2elthalr and walklng fr8me users. The block pavl￿ allowed for more cars to
park on slte.

WILLIAM BERMAN'S TRUST
REPORT OF THE TRUSTEES
FOR THE Y£AR ENDED 31 DE￿￿BEft 2024
FINANCIAL REVIEW
Flnanclal posltlon
ThE Charfty's finantlal po51tlon 15 a5 set Dut lft the Balance ￿eet on page 6 ar¢d Is con$5dered satlsfacto¥y,
ReserNes poll¢y
The Charity'5 policy on reserves Is to malntain suffl£lent reseive5 to enable the Charlty to continue to achleve Its
princlpal object￿e$.
FUTURE PLANS
The Trustees are mlndful ol the conslderable Investments held by the Charlty. They contlnue ￿ explore the
5sibility of providlng more almshouses and are lookln8 to lutwe energy efflciency 8lld gas boiler rep18cement
options. They contlnue to Invest In malntenance futKls to ensure a hlgh qualSty of living conditions at 311 the
almshouses.
STRUCYUR4 GOVERNANCE AND MANAGEMENT
Govemlng dorurnent
Rev. William Berman founded the Charity in the year 1700 and it was establlshed by an Order of the Charity
Commissloners dated 2nd May 1871 8nd Is regulated by a Scheme of the same date. It was further approved and
constituted by a Scheme dated 30th actober 1953 and varlatlons dated Ilth May 1989 and 2nd April 1997 and an
order dated 1st June 2￿7.
Recrultment and appolntmenl of newtrustees
The Trustees continue to be mlndlul of the need to malntaln a strong Trust ￿dY by making tlmely appolntments
when vacèncles ocEur.
A5 vacancles for Trustees arlse applicatlon5 are sought trom poten￿81 candldates known to
the Trustees and other suitable local people. Appllcants afe then considered by the Tiustees and appointments
made by resolution ol the Trustees.
Or8anlsatlonal structure
The Clerk to the Charlty carries out the djy to day rvnnlng of the Charlty under the 8ulda#Ee and Supe￿510￿ of the
Trustees, who normally meet four tlmes durlng trdch year and more frequently when there Is buslness to be
tTansacted.
Inductlon and tralhln2 of new trusteès
New Trustees are briefed by the Clerk and the e￿stIng frustees on the hlstory and actlvltlES of the Charity. They are
prowlded with a copy of the Charity Commlsslon publication The E55entlal TrLiStee" detalling their responsibllities and
providing guidance on belng 8 Trustee. New Trustees are provlded wlth a copy of the Charlty Scheme athd the latest
ccoullts.
Related partles
There are no other charltles related to the Wllllam Berman's Trust, The Clerk to the Charlty Is also Clerk to other
almshousÈ chaiitle5.
Rlsk management
As an Int&gral part of thelr mana8eFn8nt po116y th8 Trust885 m*ntatn re8ulèr chEEks or* rlsk factors whl¢h may
adversely affect the Ch3rlty.
Through the employment of wolessional advisDrs the Trustees seek to erssure that all of the Charity's management
and declslon makir¥g proce55es take full account of, and compl¥ wlth, relevant legLqlatlon 3Dd regulatory control5.
Insurance iwludlrg property ownershlp and publlc liabllity is reasse5spd annually.
RÉFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Charlty number
236697

WILLIAM 8ERMAN'STAUST
REPORT OF THE TRUSTEES
FCfftTHE YÉAH ENDED 31 DECEMBER 2024
Prln£lpal address
c/0 Cl8re Heyes
18 Newbridge Hill
West Bergholt
Colchester
Essex
C06 3ER
Trustees
Mr K O Hawkes Ireslgned 914n41
Mrs J Gowlett
Mrs M Lofts Ireslgned 9141241
Mr S Hlll
Mrs CTuck, Chalr
Mr C Enderby
Mrs R Anderson
Mr STkgtiyk lappinted 9141241
Mrs l McGinley lappolnted 914n41
Independent Examlnér
Simon Wellin8
TC Group
Accountants
Town Wall House
Ikerne Hlll
Colchester
Essex
C03 3AD
Sollcltors
Lar)dons
Landon HO￿Se
9 Shenfield Road
rentwood
Essex
CM15 8AH
Clerk to the Char￿y
Mrs C Heyes
18 NewbrldEe Hill
West Bergholt
Colchester
Essex
C06 3ER
Approved byorder ot the board ol trustees on....
. and skned on its behalf by..
Mrs CTuck- Trustee

INDEPENDENT EXAMINER'S REPORTTOTHE TRUSTEES OF
WILLIAM BERMAN'STRUST
Independent examlner's report to the ttuste¢s ol Wllliam Berman's Trust
I report to the Charlty trustees on my examln8tion of the accounts of Willlam Berman's Tr￿st (the Trust) for the year
ended 31 Oecember 2024.
Responslbllltles and bas18 of report
As the charilv trustees of the Trust you are responslble for the preparauon of the accounts In accordance wlth the
regullementsof the ChaTltle5 Acl 1011 Ilhe Act'l.
I report in respect of my ex8mlnation of the frust's accounts carr￿d out under Section 145 of the Att and in c2rrwng
out my exarlnatlon I have followed all appllc£ble Dlrectlon5 given by the Charfty Commission under Se&ion 14515llbl
of the Act.
Independent examlner's statement
I have completed my examination, I confirm that no materlal matters have come to my attention in connectlon wlth
the examlnatlon givlng me causeto believe that In any materlal respect..
3¢countlnE records were not kept In respett of the Trust a5 required by Sectlon 130 of the Act,. or
the accounts do not accord with those record5,' or
the accounts do not comply wlth the applic8ble reqvirernent5 concernlng theform and content of accounts set
out In the Ch8rftles IAcccunts and Reportsl Regulations 2008 other than any requlrement that the accounts
gNe a true and farr vlew which Is not è m3tter considered as part of an independent examlnatlon.
I have no toncerns and have come across no other matters In connectlon wlth the examlnatlox to which attentlon
should be drawn Inthls report in order to enable a proper understandlnB of the accounts to be reached,
Slmon Welllng
TC Group
Accountants
Town Wall House
8alkerne Hill
Colchester
E55ex
C03 3AD
Date..

WILLIAM 8ERMAN'S TRUST
STATEMÉNT OF FINANCIALAcnviTIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
lunds
2023
Totsl
funds
Unrestrlcted
funds
Restrlcted
fund
Endowment
funds
Notes
INCOIVIE AND ENDOWMENTS
FROM
Charitable actIV￿5¢S
Almshouse 8Ctfvity
141,049
141049
135,746
Investment Income
43,812
337
44,149
38,526
Total
184,861
337
18S,198
174,272
EXPENDITURE ON
Ralslng fvnds
Investment management tosts
5,055
5,055
4,668
char￿ab}e attlvllles
Almshouse activity
Grants
Resldents expenses
113,1$8
33,DCII
469
113,188
33,000
108,351
36,000
916
337
Total
151.712
337
152,049
149,935
33,149
33.149
24,337
Net galns on investments
2.865
29,930
22,076
NET hNCOME
36,014
29,930
65,944
46,413
rran$f*rs between fibnd5
25,4771
25A77
Net movem#nt In fun41$
10,537
SSN07
65,944
46.413
RECONCILIATtON OF FUNOS
Total funds brought forward
419078
1,006,296
2,425,374
2,378.961
TOTAL FUNDS CARRIED
FORWARD
429,615
2,061.703
2,491,318
2,425,374
CONTINUIMG OPERATIONS
All income and expenditure has arlsen frC￿ cOn￿nU￿ng acti￿tles.
The notes form part of these finandal statements

WILLIAM 8EAMAN'STRUST
BALAN￿ SHEET
31 DECEM8ER 2024
2024
Total
funds
2023
Tot81
lund5
Unrestricted
fund5
Restricted
fund
Endowment
funds
Notes
FIXED ASSETS
Tangible assets
1nvestmenr5
1,209,021
803,6S9
1.209,022
i.a18,145
1,183,545
970.037
io
214 486
214A86
2,012,681
2,227,167
2,153,582
CURRENfA5SETS
Debtors
Cash at bank
li
6009
223,129
6,809
172,151
7,093
278,295
49,022
229,938
49,022
276.960
285,388
CREDITORS
Amounts falllng due within one
year
12
(u.8091
114.8091
113,5961
NET CURXEMf ASSETS
215,129
49.022
264.151
271,792
TOTALASSETS LESS CURRENT
LIABILmE5
429,615
ZA161,703
1491,318
2,425,374
NET ASSErs
429,615
2,061.703
2,491,a18
2,425,374
FUNDS
Unrestrlcted funds
Endowment funds
13
429.615
I061.703
419.078
2,006,296
TOTAL FUNDS
2,491.518
2.425,374
The financlal statements were approved by the Board of Trustees and authtsrised for Issue on
and were slgned on ¢ts behalf by..
Mrs CTuck- Trustee
MrsJGo
tt- Trustee
The notes form part of these financi31 statements

WILLIAM BERMAN'S TRUST
NOTESTO THE FINANCIAL STATEMENTS
FOR THE VEAA ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basts of preparlng the Ilnanclal Statements
The Ilnanclal statements of the charity, whlch Is a publlc beneflt entlty under FRS 102, h3ve been pre￿red in
accordance wlth the Charitles SORP (FR5 1021 'ActountinE and Reportlng by CharStles'. Staternent of
Recommended Pracfjce appllcable to charities yep8ring thelr accounts In accord3nce wtrth the Flnanci81
Reporting Standard appllcable In the UK and Republic of Ireland IFRS 1021 leflective l Janua¥y 20191,, Financial
ReportlnE Standard 102 'The FInanc￿l Reportlng Standard applicable in the UK and Republic of Ireknd, and the
charitie5 Act 2011. The flnancial statements have been prepared under the historKal cost convention. with the
exceptlon of Investmentswhlch are Included at mafket value, as modified by the revaluation of certaln assets.
The financlal statement5 are presented In sterllng whlch Is the function31 curre¥>cy of thè tharfty and rounded
to the nearest £.
Fund Accountlng
Unrestrlcted funds can be used In accordance wlth the charltablÈ oblectlves at the dlscretlon ol the tru5tee5.
Designated funds are unrestricted funds ol the charlty whlch the trustees have declded at thelr dlscrÈtlon to
Set aslde to Use lor a spe¢ih"t purpose. Restricted funds can only be used for partlcular restricted purposes
wlthin the objects of the charity. Restrlctions arise when 5peclfled by the donor or when funds are ralsed for
partlcular restricted purposes. P￿rnanent endowment funds are non-expenttsble funds which are norm8lly
held Indeflnltely. Further explanatlon ol the natLire and pwpose of each fund Is Included in the notes tD the
Ilnancial statements.
Golng concer
The ac¢aunts are prepared on a Koing CDncern basis as tIETe are no mater181 unTrrtainties about the charity's
8billtyto Con￿n￿e.
ltrTrcome
All Income is r2co8nlsed In the Statemert ol Flnancial Acbvltle5 once the tharlty has entiilemenT lo the fund5,
It Ss probablethat the InC￿e wlll be received and the amount can be measured rellably.
Income from government and other grants, whether 'c8pitsI' grants or 'revenue' £rant& Is recognlsed when
the Charlty h85 entytlement to the funds. any performance conditions aEtached to the g¥8nts have been met, IE
Is probable that the Income will be recelved and the amount can be measured reliably and Is not deferred.
For le8acles, entitlement Is taken as the earller of the date on whlch elther.. the Charlty is aware that probate
has been @ranted, the estate has been finallsed and notlficatlon has been made by the executorlsl to the
Charity that a dlstrlbution wlll be made, or when a dlstrlbutlon is recelved from the estate,
Donations and other voluntary Income are reflected In the accounts lor the period In whlch they are re£elved.
Donatlons in Ire recognlsed by the Charfty when recelved except In the case of servltes provided free LY
undervalue by voluntarystalf or others whlch are not reflected In the accounts.
Interest Re¢elvable
Interest on funds held on deposlt Is Included when recelwable and the amount can be measured rellably by the
Charlty., thls is normally upon notlfication of the Interest paid or payabl2 by the B3nk.
Expendlturè
Llabllltles are recogni5ed as expenditure as soon as there 5s a leg31 or wnstructlve obligatlon cotnmittlng the
charlty to that expendlture, It Is probable that a transfer of ecoiiomlc beneflts will be requlred In settlemenl
8nd the afflount ol the obllgation can be measured rellably. Expenditure 15 accounted for on an accruals basls
and has been clasgifled under heading5 that a88regate all cost related to the category. Where cost5 cannot be
directly attrlbuted tD partlcular he3d1￿& they have been allocated to activltles on a basls conslstent with the
use of resources,

WILLIAM BERMAN'S TRUST
NOTESTOTHÉ FINANCIALSTATEMÉNTS-£ontlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POUCIES- contlnued
Rep•lrs and Malntenan¢e of Propertles
The charges in the Statement of Flnanclal Actfvltle5 in respect ol Cyclical Malntenance znd Extraordlnarv
Repalrs reflect the Tru5tees' constani concern to keep the propertles in 8ood condltlon, and are In accordan
wlth the Almshouse Assotlatlons, recommendatlon tlkt Almshouse Charltie5 should set aslde each year
speclfSc sutns In thls r&pect. Transfers are made fiorn the 5ncome Account each year to the Extiaordinary
Repalr Fund to cover extraordinary repairs as they arise and to the Cycllcal maintenan￿ Fund to cover repaSrs
whlth arise on a wlical basis.
Support Costs
The Ch8rity's govemance costs are allocated entl¥ely to the Almshouse Costg 51nce 5UPPOrt Eosts relating to
other actfvltie& are consldeied Immaterlal.
Grants offered subject to ¢onditlons whlch have not been met aE the year end date a￿ noted as a
commitrnent but not accrued as expendlture.
Tar¥glble flxed assets
The cast of reFJrbi5hment and Improvements to the existlng freehold property are wrltten olf tts the Income
Account as Incurred.
Any malor improvements to the exlsting freehcld property or new building works ?re
The freehold property Is depreclated using the straight Ilne method at a rate c£ltulated to w¥lte off the assets
over thefr estimated useful life which 15 consldered to be 100 years.
Invostments
Inve5trnents ère shown on the &alance Sheet at thelr market walue. Changes In market values durlng an
accountlng period are reflected In the accounts as unreallsed galns or losses. Upon dlsptssal of an inwestment
the drfference between orlginal cost and dISp￿al proceeds Is reflected In the accounts as a reallsed 8èin or
loss and an adlustm¢nt Is made to unre3lised 8alns or 1055es to reverse unrealised movements In value In
eayller years.
Debtors
Contributlon and other debtors are recognlsed at the Sett￿Ment arnO￿nt due. Prepaymentg are valued at the
mount prepald net of ary trade d15counts due.
Cash at Bank ind kn Hand
Cash at bank and cash In hand Indudes cash and short term hl8hty Ilquld investments wlth a short matu¥lty of
three months or less frorn the date of acqulsltlon or openlng ol the deposlt trr slrnilar account.
Credltors and Provlslons
Credltors and provislons are reco8nlsed where the Charlty has a present obligatlon resultlng from a past event
that wlll probably result In the transfer of funds to 3 thlrd party and the amount due to settle the obllgation
c&n be rneasur8d or èstlmatsd reliably. Cr8dltors and prO￿S1on5 are normally recognlsed at thelr settlement
amount after allowlnE for any trade dlscDunts due.
Taxallon
The charlty Isexomptfrom tax on charltable activitles.

WILUAM BERMAN'S TRUST
NOTES TO THE FINANCIALSTATEMENT5. Contlnued
FOR THE YEAR ÉNDED 310£￿MBER 2024
INVESTMENT INCOME
2024
2023
Dlvldends recelvable
Accumulated income
HSBC deposit account Interest
COIF dep051t atCDunt interest
R&thbones account Interest
30,879
3,536
27,490
3,271
9,248
486
7,183
577
44.149
38,526
INCOME FROM CHARffABLE ACTIVITIES
?Q23
Almshouse actlvity
Contrlbutlons recefvable
Losses from vacancies
Gas contrlbutlons recelvable
Launthy charges
139,602
15,6841
6,846
285
134,809
14,6821
5,344
275
141,049
135,746
CHARITA8LE ACTMTIES COSTS
Direct
Co¥t5 IseE
ntstÈ 51
Grant
fundlrg of
aCtI￿tIeS
Support
Costs lsee
note 61
Totals
Almshouse attlvlty
Grants
Residents expenses
96,677
16,511
113.188
33,000
806
33,000
806
97,483
33,000
16,511
146,994

WILLIAN BERMAN'S TRUST
NOTES TO IHE FINANCIALSTATEMENTS. Contfnued
FOR THE ￿AR £NDED 31 DE￿MbER 20Z4
DIRECTCOSTS OF OIARITA8LE A￿1VITIEs
2024
2023
Rates and water
Insurance
Llght and heat
Repalr5 and malntenance
Cytlical rep8lrs
Extraordinary repairs
Gardening
Careline charges
Sundry
Cleaner
Bad déL515 WYITtèll off
Telephone
Fiesld&nts expenses
Prole55ion&l fèes
Depreclatlon
4,150
3,184
17.S28
15.276
6,000
24.841
6.325
3,457
2,912
14,416
14,844
2.995
27,979
5,650
3,203
218
750
262
743
916
210
716
22
806
3,312
15,103
14,602
97.483
92,947
SUPPORT COSTS
Governance
costs
Management
Tota15
Almshouse aetlwf(y
11,645
4,866
16,511
Support EDSts, inctuded In the above. are as follows,,
2024
Almshouse
ctlvlty
2023
Total
aCti￿tIeS
Trustee5' remuneratlon etc
Clerks fees
Subscrlptions
Sundry expenses
Independent examlnatlon tees
Accountancy fees
83
10,914
233
458
10,9
407
324
4,242
4,038
16,511
16,320

WILLIAM BERMAN'STRUST
NOTESTO THE FINANCIALSTATEMENTS- ¢onth)ued
FOR THE YEAR ENDED 31 DECEMBER Z024
TRU5TEES' REMUNERATION AND BENEFITS
There were no trustees, r2munEratlDn or other benefits forthe year ended 31 December 2024 ntsr for the Year
ended 310erember 2022.
Tru5tees' èjpenses
2024
2023
Trustees, expenses
83
Tru5tee5 expenseswere in respect tsf YelmbuT5eTnent of three trustee5travel expensès.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACfWITIES
Unrestrlcted
funds
Restricted
fund
End¢)wment
funds
Tetal
fund5
INCOME AND ENDOWMENTS FRON
Charltable actlvltle5
Almshouse activlty
135,746
135,746
Investment IncDme
38,211
315
38,526
Tot81
173.957
315
174,272
EXPENDITURE ON
RBlsin4 funds
Investment manè8Èment costs
4,668
4,66E
Charltable Adfjvltles
Almshouse activlty
Grants
Re55dents expenses
IOB,351
36.000
601
108,351
36,000
916
315
Total
149,620
315
149,S35
24,337
24.337
Net Bains on Investments
11,385
10,691
22,076
INCOME
3S.722
10,691
46,413
Transters between fumds
14,602
14,6021
Net movempnt In funds
50.324
13,9tii
46,413
RECONCILIATION OF WNDS
Total funds brDught forward
368,754
2.010,207
2,378.961
TOTAL FLWDS CARRIED FORWARD
419,078
2,006,296
2,425,374
-li-

WILLIAM 8ERMAN'5 TRUST
NOTESTO THE FINANCIAL STATÉMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
TANGIBLE FIXED A55Ers
Freehold
property
COST
At l January 2024
Additlons
1.392,751
40,580
At 31 Oecember 2024
1,433,331
DEPRECIATION
At l January 2024
Charge It)r year
209,206
15.103
At 31 December 2024
224,309
BOOKVALUE
At 31 December 2024
1.209.022
At 31 December 2D23
1.183.545
FIXED ASSET INVESTMENTS
Llsted
Investments
MARKET VALUE
At l January 2024
Additions
Disposals
Rev31uatlons
970,037
18,624
13,3111
32,795
At 31 De￿mber 2024
018 145
NET BOCH( VALUE
At 310ecember 2024
1.018.145
At 31 December 2023
970.037
There were no Investment assets outside the UK.
-12-

WILLIAM B£RMAN'STftUST
NOTE5TO THE FINANaAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
io,
FIXED ASSET INVESTMENTS. contlnu*d
Cost or valuation at 31 De(ernber 2024 is represented by..
Llsted
Investment$
Accurnul£ted revaluation 8aln5
Cost
455A123
563,122
L018,145
ii.
DE8TORS.. AMOUNTS FALLING DUE WITHIN tx YEAR
2024
2023
Contributions arrears
Other debtors
Prepayments and accrued income
3,596
3,317
71
3,705
3,213
8¢J9
7,093
12.
CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Contributiorts ¥ecelved in adydnce
Accruals and deferred income
5,900
8,909
4,552
9,044
14,80
13,596
MOVEMENT IN FUNDS
Net
movement
In funds
Tian51e
between
funds
At
31.12.24
At I,1.24
Unrestrl¢t¢d lund$
Income Account
Extraordinary Repalr Fund
Cycllcèl Maintenance Fund
Development Fund
86,358
183,049
34,671
115,000
31,771
10,243
16,(KIDI
IZ5,4771
92,652
193,Z92
28,671
iis,000
419,078
36,014
12S,4771
429,615
Enthwment fvnd5
Capjtal Account
Mi55150bel Susan Emilf Field's Bequest
Capltal R￿0Upmen1 Fund
I,S69.434
8,023
428,839
2A56
137
27,337
25,477
1.597,367
8,160
456,176
2,006,296
29,930
25,477
2,061,703
TOTAL FUNDS
2 425,374
65,944
2,491,518
-13-

WILLIAM BERMAN'S TRUST
NOTESTO THE FINANCIAL STATEMENT5. contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
ia.
MOVÈMENT IN FLhlltsS. contlnued
Net movement in funds, I￿luded In the abDvE are as follows,,
Incomlng
resources
ResourcÈ5
expended
Gains and
105se5
Movement
ir* fvnds
Unreslrlcted funds
Inc.omeAcÉeunt
Extraordlnary Rep31r Fund
Cycllcal Malntenance Fund
181,325
3,S36
1145,7121
13,8421
707
31.771
16,0th)1
6.0001
184,861
1151,7121
2,865
36K114
Rèstrltted fund5
Mls$150bel Susan Emlly FleSd's Bequest
Inc(Kne Fund
337
13371
Éndowment fiEnits
Capit31 Account
Mlss Isobd Susan Emlly Field's Beqvest
Capltal Recoupmeni Fund
2,456
137
27,337
2,456
137
27,337
29,930
19,930
TOTAL FUhtDS
185,198
152,0491
32.795
65,944
Comparallves for fftovement In funds
Net
rnovement
In lund5
Tran5ters
between
funds
At
31.12,23
At I,1.23
Unrestrlcted funds
Income Accoutht
Emtrzordlnary Repalr Fund
Cyclical M2lntenance Fund
Development Fund
92,882
168,206
37,666
70,0(¥J
23,874
14,843
12,9951
130,3981
86,358
183,049
34,671
115.000
45.ODD
368,754
35,722
14,602
419,078
Endowm¥nt funds
Capital A££ount
Miss IsobEI Susan Emlly FielTI's Bequest
Capltal Recoupment Fund
1,580.014
7,853
422.330
4,022
160
6,509
IJ4,602
I,S69,434
8.023
428,839
2,010,207
10,691
14,6021
2,006,296
TOTAL FUNDS
2,378,961
46.413
2,425,374
-14-

WILLIAM BEftMAN'sTrusr
NOTESTO ThE FINANCIAL5TATEMENTS- conilnued
FOR THE YEAR ENDED 31 DECEM&ER ZO24
13.
OVEMENT IN FUNDS. contlnued
Cgmparative net movement funds Included in the above are a5 follows..
Incomlng
resources
Pesources
expended
6alns and
losses
Movement
In funds
Unrestrltted fund$
Income Account
Extraordlnary Repalr Fund
Cyclical M3intenance Fund
170.686
3,271
1146,62SI
11871
11.572
23,874
14,843
12,9951
2,9951
173,957
1149,6201
11.385
35,722
RestrlctEd fund$
Mlss lsobel Susan Emlly Field's Bequest
Incorne Fund
315
Endowment funds
C3Pital Account
M*ss Isobel 5us8n EMI￿ Fleld'5 Bequest
Capltal Recoupment Fund
4,022
160
&509
4,022
160
6,509
10,691
10,691
TOTAL FUNDS
174,272
149,9351
22,076
46,413
Income Account
The Income Account 15 unrestrlcted and 3vai1able for the general purposes ol the Chaylty. The Fund
rÈpresents accumulated surpluses of the Ch4rlty.
Extraorthnary Repalr Fund
The Extr8ordlnary Repalr Fund Is unrestr5cted but deslgnated by the Trustees for future major repalrs and
Improvements io the Charlty's almshouses. The Fund is 5peclfically Invested. Income from the investments
is added to the Fund. A transfer to the Fund 15 made each yew from the Ir￿Qme Account of a speclfbc
amount agreed by the Trustee5.
Cycllcal MalnlEnance Fund
The Cycllcal Malntenance Fund 15 unrEStrlcted but deslBnated by theTrustees fOrfUtu￿ recurrln8 rnalntenBllce
45 nerewry at the charilv'l ilrnshou%es. A trinsfer to the Fund Is madR oath ye4rfrom the Inrpme hF¢unt
cf a 5peclf4r amount agreed by the Trustee&
Developm￿1 Fund
The Developrnent Fund is unrestrlcted but deslgnated by the Trustee5 to make provlslon for new
accommodatlon for the beneflclal class of the (harlty in the future. A transfer to the Fund Is m3de flom the
Income Account ol a spedlic amount a5 agreed by the Trustees.
Capltal Account
The Capltal Account is Permanent Endowment ol the Charlty. The Fund Is partty represented by the Charlty's
equity in land and bullcslngs with the balan￿ beln8 specillcally Invested. Incorne from these Investments is
avallable for the general purposes of the Charlty. U)anges in the net book value of the IK)U51n8 properties
are reflected in the Capital Account by a transfer from or to the Income Account,
-15-

WILLIAM BERMAN'STRUST
NOTESTO THE FINANCIAL5TATEMENTS- contlnued
FOR THE YEAR ENDED JI DECEMBER 2024
13.
MOVEMENT IN FUNDS. contlnued
Mlss Isobel Susan Emlly Fleld's Beq￿est and Income Fund
The bequest of Mb5 Fleld Is Permanent Endowment of the Charlty and is speclflcally Inwe5ted. Income from
these Investment5 is restrlcted to the benefit of the Charlty's almswomen.
Ca￿tal Retoupment Fund
Ihe &pit81 Recoupment Fund is permanent endowment of the Charity was estab115hed to recoup funds
wlthdrawn f¥om the Capltal Account and Miss Isobel Susan Emlly F5Èld'$ Bequest to Improwe the Charity's
propert6e5.
The Charlty Commisslon accepted the Trustees resolutlon, dated 10 Apill 2019. to cancel the annual
recoupments so that these funds can be utlllsed on the Charlty's beneficlaiies.
14.
RELATED PARTY D15CLOSURES
There were no related wrty transactionsfor the year ended 31 December 2024.
-16-

WILLIAM BERMAN'5TRUST
DETAILED STATEMENT OF FINANCIALACTIVITIES
FOR THE YEAR ENDED 31 tJECEMBER Z024
2024
2023
INCOME AND ENDOWMENTS
Investment Income
DlvldeTrds recelv3ble
Accumulzted Incorne
HSBC deposbt attount Interest
COIF deposltaccount Interest
Rathbones account Interest
50,879
3.536
27,490
3.271
Y,248
486
7,183
577
44,149
3&526
charkable 3ttlvltlos
Contrlbutlons recefvable
Losses from v&car￿leS
Gas contributlOn5 Fecelvab
Laundrychèrges
159,6L12
15.6841
6,846
285
134,809
14.6821
9.344
275
141,049
135.746
Total IncomlnB re$our¢¢s
185.198
174.272
EXPENDITURE
Investment management cost$
Investment management Costs
5,055
4,668
h8rltable actlvllles
Rates and water
Insur8nce
Llght and heat
Repalrs and rnalntenance
Cyclkal re￿IrS
Extraordlnaiy repalrs
6ardenlng
Carellne char8es
Sundry
Cleaner
Bad debts wrltten off
Telephone
Ae51dentsexpenses
PrDfes51onal fees
FTeehold property
Grantsto Instltutlons
4,150
3,184
17,528
15,276
6,OUO
24,841
6,3Z5
3,4S7
2.912
14.416
14,844
2,995
27,979
5,650
3,103
218
750
262
743
916
210
716
22
806
3,312
IS,lQ3
33,000
14,602
36,￿0
130A83
124947
Thls p8gE does not form part of the ststutoryllnanclal statement5
-17-

WILLIAM BERMAN'STRUST
DETAILED STATE MENT OF FINANCIAL AcnviriES
FOR YME YEAR ENDED 31 DECEMBER 2024
2024
2023
5upporl costs
Management
Trustee5' expenses
Clerks fees
5ubscriptlons
Sundryexpenses
83
10,914
233
458
10,914
407
11,645
11,698
Govemance ¢ost5
Independent examlnatlon fees
AccountanEy fees
624
4,Z42
594
4,038
4,632
Total resourtrs expended
152.049
149,Y35
et Intomebefore galns and Io55e5
33,14Y
24,337
Reali5ed recognlsed eains and 1055e5
Rea115ed Ealns/llossesl on Ilxed asset Investments
£460
2,042
Net Incom
34.609
26,379
Thls page does not form part of thÈststutory linaThclal statements