REGISTERED COMPANY NUMBER: 00469476 (England and Walès)
REGISTEREO CHARITY NUMBER-. 241516
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 MARCH 2025
FOR
THE WAR MEMORIAL VILLAGE-DERBY
Jthnson Tidsall Limited
Chartered Accwntanls
& sta￿1￿ Audit
81 Burt(￿ Road
Derbyshire
DE1 1TJ

THE WAR MEMORIAL VILLAGE-DERBY
CONTENTS OF THE FINANCIAL STATEMEKrs
FOR THE YEAR ENDED 31 MARCH 2025
R•port of tho Trust•es
1 to 5
Report ol the IndependentAudlto
6 to 9
Statsnwnt of FID￿¢￿ A¢tlvltle•
10
Balanc• Sheet
Not•s lo FInar￿al St•twn•nts
12 kn 22

THE WAR MEMORIAL VILLAGE-DERBY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees wh) are also ￿1￿ct￿$ of Ihe chan.ty for the pwpose5 of the Ccthpwie5 P£t 2(￿, pres￿t report wth the
fina￿la1 slalemenls d the charity the year 31 klwch 2025. Tr* tyustees have adroieis the provisions of
Ac￿UntI￿ and Repoibry by Charilw.. Slatemenl ol Ratommended Prath"ce 9)pl￿able to d￿rIbeS preparing their accounls
in acc4ydance wlh the F￿ar￿a81 Report¥y 8ppkablo in lh& UK Republic ol kdand IFRS 1021 leffgctivtr 1
January 20191.
OBJECTIVES AND ACTIVITES
Oblectlveg and alms
The primg obJ￿1Ve ol the tharity is to o*m, operate axl mantan an w•Jave of high grade hol￿1￿ in the Cily ol Derby
spe(ifically for the benefit ol disabled l(Ymer membws of HU Force5. the Erne19￿￿ Swvices arhj cdhers ¥h￿rn the Iw51ees
shall frlwn time to lime dewn of ¥bknx)n.
In the fwthgrance of ts prime Ot¥￿t￿e Ihe dMwity striv& to:
. provide rnore gereral Iwy￿e￿dentI* rgk8f of n*1 kn benefkn￿".
. eng￿e in othwc4witstAe a(ai¥ity Ihal gwwdles frJKls to bè applièd furthern￿ of the primè objective:
. Tr￿perate wilh other chwilies, ex-servire orgaTh5atxxfj. rArtral aThl kncal aulh￿1t￿8S, PL*11￿ 8N1 pri¥at&
corporaiions. ￿￿￿tleS and in sm￿r￿1￿11￿. aTrJ
. appty the wMe of Mat￿la1 and re9xwces ofts ￿y. ￿heft￿ evw arKI how-so ever dwived.
Tha charity maintains heatthy finar¥ial opwaliro and reserve accounts banks to sewre the aims prevK)U5ty
staled. These fina￿81 actbvities are monttor￿1 arKI JAited by thè than￿S ac0￿n￿ntS and Sègal ad￿Ser$.
The charilab￿ cnmpany is managÈd by a board of th"rettotsltrustsès ¥ttL) a￿ ￿1 b￿luNte1S whilè the eslate Is man48d and
maintain8d by our ffl￿￿ng agents. Dwby Homes Linitd . the social housirg depwknent of Derby City CourKil.
TfUSt••s
All directorsl trustÈÈs are volunteÈts and takè èXC• thè rrimbursan￿o1 travel èxp8nses aThl bursary.
Publlc benefit
The trustees havegiven (kje rgJard *) Ihe i55ued by CharitEs CommissK)n when reV1w￿ ils
aims and Obl￿￿Ve5 in planrwTh3 fu￿rÈ a(*￿7￿&$.
A5 described under obietAi¥es and &tiwti•s. thè eJHiiy is rA*Yknnitted to providM19 arm1 maintainiThJ high ￿ad& swal
housing in the Cily ol Derby. Wthin the scheme krKy*n as The War Mwnowial Vill￿e Derby, S￿l¢allY lor the benefit of
db5ablèd lorrnèr mémbérs ol HM Foreès, Ihè Emergerty Savi￿s and othets whc¥M thè trLtslèss shall from ts.me to timè (Je8m
worthy ol inLknion.
The trustees rewew the act￿lI1eS of the thrity wF4nst Its airns on an ¢y¥JciThJ basis are satisfied Ihat all actiwties
continue lo be rela1￿ to its •ms.
Page 1

THE WAR MEMORIAL VILLAGE-DERBY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
ACHIEVEMENTS AND PERFORMANCE
Charftable actlvi11g$
The txjard ol diredorsltruslees has mainiaingj estale in excelknt c(ffith'tion Ihrough (*6e cmperat*)n wilh the managirwJ
agenls. Derby Homes LirnibJ arKI by prwlent managwrth c4 opgraling awMI r958rv8 finanual resour￿. We h3Vg
establk8hed and have been Work1r￿ to a 30-year crtrtline slrategy thal cA￿bI￿5 mainienan¢* and rédèvèknpméni with
detailed budgeled actvn lor the short fin yearl WKJ rnediLm ler￿S to Syrsl. The budw is drafted each year and passed
by the t4)ard ol dI￿Ors￿rl￿stee$. Subj&Xed to M￿lt0￿j by the Chainnan and Trèasurer. pÈnodie upda￿5
i￿uding for￿St of outtum we wo5ented al quartety m8&"ro ol
Mlxh of the year was laken up wlh to Ir￿Sler ts kKwsirwJ $loth a&sets lo D9￿Y Homes and to establish a long-temi
SU5tainabiWly for ￿ w11a￿. This Is in resp(￿ to govwrrnent legisl811￿ on MinThum Energy Eff￿lÉncy Standard5
IMEESI lor sooal ￿)rnes. whKh would r￿￿¢ n swfKanl for thg vilage rf It conlinu&J rt5 currant palh. Th8
Irvstee$ wish to pro￿1 the w11a￿ by tr￿sternng the assets lo Dwby H(￿es. wh) becnrre re5PCYtsible for bringiThJ
the proPer￿e$ into line with 193islaticffi. wme maintwning orrenl al￿￿ sel oul by Ihe thaity arKI k89ping th
ethos ol these KwopertEs as fv)mes veterans of the armod f(￿.
Flnanclal positlon
The results lor the year show a surt*Js on [￿r￿n¢led fwKts of £63.1￿ {2024.. £75.6931 and a defut on roslridgd funds T)f
£29,23212024.'llef￿t £29,232}. The ovwaH fc*the year amourted to £33.924 {2024: £46.4671.
UnrestrKted funds at 31 Marth 2025 total&1 £5.155.153 {21Y24.' £5.091.9971 of ¥thK* £&7(Kl.245 rdated lo a properly
revahjation reserve12024". £3.710.4471.
Restrided lunds a5 at 31 March 2025 tctsled £186.96112024'. £216.193).
Prln¢lpal fundlng sourc•s
Th6 princi)al source ol funds ts the annua rnverwa $8oJr•J by rents cn ihe ￿1¢h Wr￿unted to £342.732 for thè
year ended 31 March 202512024.. £315.1821
Our close rdatK*nship wlh Ihe D8ty and Dwbystrire r￿Sal￿ L¥m￿nueS and we ranain in eonversation
with them regardiNd mLrtual suppc•t.
AJI expenditure. afler es$￿"al &thwni5tratlon aThJ u¥)vwn￿ rxJstS. 15 fo(>￿￿j mainten￿￿ rerwial cl the
e5tale.
Inv•stm•nt pollcy and obl¢clives
The rental im)me from ou( addrt¥)n* piry&ty C(thi￿ to sh)w an ROI olsome 7% po. The rem84nirrfJ ethh reseNes are
lodg&Y with HSBC. The investsnent 51ratwJy reman5 ￿j￿r￿)nt￿lV￿ aKIit review.
Valuatlon of Ireehokl property
Thé trustees obtained a pKrfessional y￿l￿{l￿ of the charitys free1￿J piot* pcrftlolk) ¥Mlh an effecaive valualk￿ dale of 12
May 2023. This Valu￿1 the p(wVolo at £6.74 mIlK￿. The assels *è (Jmnly sh)wn al deemgj cost with a net book value of
£5.46 mlmknn.
Thè trustees do nol Intend to the basis of ¥&Jation frcrfn deemed ￿$1 to walualK•n. The pr￿eSs￿n￿l Valuati￿ was
Undertak￿ to assess the irnpact of the phase relxjikl ￿rtIo1￿) aThl k) provide ￿ indicab"¢M to Ihlrd parties
of the FKAential current value.
Page 2

THE WAR MEMORIAL VILLAGE-DERBY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Rgsgrves policy
In attffdance with Charbty Commission guidelw. ts dwi'ty has histc*ic*ty I￿get￿ a M￿lm￿Tr ￿erve of aTound 1.3
times annual re•enue- this equates to (irca £4￿)k.
H￿￿ever. Ihe estates 5tratwJy cOrV￿rtant 4bYJrks. Phasè 1 n*•¥ bui5d, have req￿red thts rig￿6 to bs
kept somewhat flexitAe The b￿an￿ at bank as at 31 March 2025 slcx)d at £368.5￿ whth i8 below the aMo￿l rnent￿>n
above to a s¢ri¢a conlrol of gxpenditurg f¢JkJwJ Ihg apphQa1￿ of (￿dS for reCO￿tr￿￿"On ¢osts of Phase I which
incurred addit￿￿1 cosis of £103k. partly due kn the adverse effects d the global pandwnic.
The charity has no In defiut.
Goong concérn
Due lo the nature of theth￿S *r4ibes rents frrfm its propwty frym fv man s¢)urcg of its yK4Jmg.
There has be￿ an i￿r￿e in rental iTrxYne in the ￿ar 31 Marth 2025 rent incrgas95 and thg 18ttiry of
pr¢)perbes folov4ing reftwbishment Yth.
Thè Tfustett dosely mc￿lt01 actual perf0m1￿ against a Surp￿ cffi Un￿trict￿l lund5 wa5 en¥istyed for the
year due lo the carelLI mon11￿￿j of reS￿nswe ￿p￿r5 WKJ plarned wyk5 lor properfies vAthin Ihe porlfolK).
The truslees (*Jrtsider thai t￿e are rK> tssve5 ￿%1¥a (fMKW.
FUTURE PLANS
Thè trusttts wll contirvJè to pursuè Ihe trnnslw ol th• wlag8 it's assets suty'ecl io athlica and the (£Jrrect out￿rne
for the futu￿ of the village and ifs r8sKlen
STRUCTURE, GOVERNANCE AND MAt4AGEMENT
Govorntng d¢xum•ni
The War +Aemorial Village Dert)y ￿ goverwl by its MwTwandum JKI ArtwJe5 01 As%MaalK)n a￿1 is a (xxnpany limit￿1 by
gu8rdnièe. The lithh.ty 018ath rn￿b￿ is limited to ￿ am0￿1 exceediwJ £1.
Charity has a Boa￿ of Trustees alsocortstiiu* thè tx1￿ of the CcThpany.
R•erultm•nt and appolntrn•nt ol n•w trusts••
Trustees a￿ seknted on the basB cl speryalist kThJw* arnl pre￿C￿S experi￿ in Dir8thrnwstao . typt rolgs.
éspécaally within thè $L￿al hous*¥J ar￿ mlrtary s￿t￿s.
Potarntial tliractoiThrusle8s are inteThith*d by servry Board ekntion is by ITr0ff￿ &￿c￿r￿A￿tees based on meril
and professh)nal ¢yJntribthion of the candthte.
Ind￿tIOn and tralnlng of tyugtegs
Th• Trusteés rer•darty convenè a go¥￿)anc￿ s•n*)ar d￿￿er￿j by ￿ iThJ8pèndent Matt￿ expert for the purkx)se of
updallro the kn￿￿edge base th regwd lo Lqtesl dwJe5 in ChWi￿5 and Ct&rnpan￿ l¥Jtslaiion and to disojss 9￿d
Wlthr n•tsork
The chwily mainta.rts a dose rdalionship wnlh ex-WVi￿ ¢ygani8atKK6 thrcwh hx21 repre5enlativès.
The cti&ity malnlains a dose r*tK*iship wlh the an(1 D&fyshl￿ fA5aW Soldiers, s￿t￿rn￿l for thè pwpose of
alleviating dislress assista￿￿1￿￿ty.
Rlgk managerneni
e trustees have a duty to identify and rewew the rtsks b) which the charlty s expc6eLI and Io apprcyri*e cthrols
are in place lo providg rgawnable as5ufdnce •Jainstlraud * errDr.
The Board has in place a risk managwrient wulaty a5se&w5 cy)er*"ThJ f￿arK¥a1 ri5k5 advised by the
manaJing 4ents- Derby Homes ts"mrted.

THE WAR MEMORIAL VILLAGEiIERBY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Comp4ny nuffj￿r
00469476 (England and Wales)
R•g18t•r•d Ch¥fity number
241516
Reglst•rnd offk•
81 Burton Road
Derby
Derbyshire
DE1 1TJ
Trug1••*
Harvey Jennings
John J￿ning$
Jonathan Srnale
Norma 8rac8wdl
Micky Doylè
Glynn K8am8y
Malb'n
Ross Mccristal
Andrèw Wall
Retired 21111r25
Retire($ 21111r25
Rellred 2111 Ir25
Appoinled Ifice Chwr 21111r25
Apwinted Chair 21111125
Resigned 20KJ8r24
Th8 Mayor of Dèrby is Ihè Pr8Sid*rtof1￿ ¢￿ty aThl is an Ex4kn by invitat￿.
Company Sèerntary
H JennirvJs
Audlto
Johnson Tidsall ￿Mited
Chartered Acujunl
& Statthory Auditor
818urton Road
Derby
Dwbyshire
DEI 1TJ
8ank•rs
HSBC
Vict(xy Road"
Oerby
Oerbysh¥è
DE24 9HX
Sollcltors
FrèÈih Cartwri9ht
Cardinal Souare
1Q Ntsttingham Road
Derby
DE1 3QT
Charity Bank Limrted
Fossè Ho
182 High Street
Tonbridge
TN9 18E
P&Je 4

THE WAR MEMORIAL VILLAGE-DERBY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Mr thn3th￿ Srnale and Mr Harvey J￿ning5 wue resp(Thib￿ the tr ihe day io dty rnanagement of the ¢h¥rity
thrO￿ts)Ut the ￿r.
Mr mart￿ assum￿ the ro5ibon of Char w 21111r2W25 and has baen akjngside Mr Jonaih* Smale from thk
date.
EVENTS SINCE THE END OF THE YEAR
Infomialion rdating to èvents since the end of Ihe yw 15 in th8 Mt•S kn the finanua statgments.
STATEMENT OF TRUSTEEY RESPONSIBILtFIES
Thè Irustees arè ¥150 Ihe of W* Vila￿[￿rby[Th￿) k>r Ihe purK*)s&8 01 (xKnpany lawl are
respMsibl& for prepariThJ the Report of Ihe Tr￿Stee$ and thè finarttal Stslements in applieabla law and
Uniled Kiwm Accountry Stsndwds (Unied Ifwwjm Acceoed fvmwntirrfJ Prthl.
pany law requirgs Ihe I￿￿teeS to prewe finarKial 5t¥lwnwts eath finwal year. und￿ that Iww. the trustees have
919d￿ to prepare the firrartial statements wilh Uilied G¢n*alty A￿ePt￿ ACc￿￿tin￿ Pra¢bce
(Unrted ￿r￿jd0rn Il£wuntirs Slandwds aThJ 4)plieable18wI.
Under company law the fnBtees must approvè ts fin￿a81 stat￿¢￿ts ￿lESS they we s*sfi*l thal they gNe a trug ana
fair view of the state d affaws (rf Ihe charitable cc¥n￿Y arKI of the incoming rè50urce5 and ¥Jpluth?n of rÈsources.
includirrtJ Ihe income and expenditu￿, of thg charita￿tt thnpany for Ihat PWKYJ. In preparwwJ thow fin8n(xal Slat￿￿t9, the
trustee5 are requir￿] to
Se1￿ svilable accoJntiro pol￿8$ then apply t*￿ cL￿1$￿tty.
obserye Ihe meth(xts and pri￿p￿S in Iha Charitie5 SCIiP..
make Judg￿en1$ estwnat8S Ihai Ère reasonable aThJ FKLKknI'.
piepare thè ffinan(ial statem￿lS on the wwva rxw ￿1$ is inappropriate to weswne that the charitablg
company will (fjntinue in twJsin8ss.
Thè trustges are ￿ponsibl• l¢v kwMIg propw ré(xKds (*5dose rèasonab￿ acojracy at any time the
financial r*)sit￿n of ihÈ tharitable cc•npany and to enable th￿7 lo ensure th8l Ihe financial statemenis oynply with thè
Companies Act 2￿6. They are alw reSKKKBible saf￿ardir¥j Ihe assets ￿ the ¢haiitable company and hence lor taking
reasona￿8 sleps ILY thè pr￿entIOn ￿ deterlw off￿ other wrwJkn"tE5.
In so far as the tntstees We aware..
Ihere rs no rdev•nt audrt Infom)atK)n ofwlwth the d￿rilab￿ warrfs a￿J1￿)r$ are unawarg..
thè tnJstèÈs have laken all steps Ihat Ihw to ha￿ Wen to mako thomskn aware of any I8￿8nt audit
InlomialL)n ar¥J to e5tabli5h that the authtots we aware of that inksm)akn.
This ￿pOrt has b8¢n prwray in accorda￿ sp￿ra1 ￿￿0V￿Y* cl W 15 of the Cornpanles Act 2￿6 r￿a￿rrfJ te
small ctsnpanies.
M Martin. Trustee
Page S

REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF
THE WAR MEMORIAL VILLAGE-DERBY
Opinlon
We have 8￿j118￿ statements ot War MerrKxia I￿￿.(￿￿18b1e crynP￿￿1 for the year 8rthd
31 March 2025 which comprisè thè Stat•)*nt ol FinwKi* kaivitE5, the BalaTh* Sheet and noles to finanual
statements, incI￿ling a s￿rnary of ￿91•f￿ant ￿lI￿e$. Thè financlal rewriiryJ IramewNk that ha5 been applied
r p￿paratiOn is applic*Jlè l• a)d Urmted k£{￿li￿j SlwTrtJ¥d5 IUr*t&J ￿"ngdoM G￿erallY Accepled
A￿Un￿n9 Pradicel.
In our OFMrion Ihe finawial 5tatemerts."
¥* a true and fabr VI￿ oflhe ofii* ¢haritabl¢ Lx)mparYy's affays as at 31 Marth 2025 and of its Im)ming resources
and application ol r￿)ur￿, includiro its expÈThtsturè, frjr Ihe yèar then ended..
have been properly prepared in arxrxdanL¥ Wrth United K•yh)m Gereralty Acx*pted Attojntro PwlK8.' and
have prepared in 7Mth Ihe ￿uIren￿ts ol ComparwÈs Act 21J)6.
Basls oplnlon
We ¢onduded our audit in Intomo￿ Standwth IUKI IISAS IUKII and a￿liCable law. Our
responsibilities under those stsn¢Jards a￿ fijlher desc1￿ knitors, rtskw)nsibiliti"8s f￿ the audit of the financ4al
slatwnents section of our report. We we indepentht of Ihe charit* o)mpany in 8rA)rdante wth thé èthical
requirernents Ihat are relevant to (yjr audit of the finanLial slatemènis wi Ihe UK. Ir￿judirrfj the FRC'S Ethical Standard. and
we havè fu￿111ed our other e1￿C81 responsibilities in aCCordar￿ with these ￿￿￿ents. Wè bdièvt that Iha audit èvidence
hav8 obtained is svffjciwrt JKI 4)propriate to provmle a basis Iiy ¢yy ￿1r￿¢￿.
Concluslons relallng to g(>ww conc•m
In audilwvJ Ihè finanoal slalwnents. we have Ihat Ihe tsustees. use basis of acwjnting in tha
prèparation of the financ¥al stateM￿ts 15 4)prwiate.
Bas8d on the *￿rk we perfom)8d. we have rnt Kl•itiW any m*wial un¢*lw"nliss rda11r￿ lo events or o)ndibons that,
individually or ¢A)IIeciN8￿. may (ast svJnifKan¢ doubt on the tharrt*Jte company's ability to 0￿11￿18 8$ a goin9 c%)n¢8m lor a
period of at leasl h¥dve months from ¥h￿n the finanoal stat￿ents we authori59d for i￿U6.
Our fesponsibililies the r9sFK￿l1 )￿rtIeS tr￿188$ to 9ryng a￿ described ￿ the relevant
Sèdions of this report.
Olher Informatlc
Th8 truslees are reSpO￿lbIe for ihè other I￿OMI¥l￿*1. The olhw thrnation comprises the infomiation ￿￿￿ded ￿ I
Anmal RÉp)rt. 0th8r than the h"naThxal staternerts and our Report dthe lTrJepw>denl AJJdilors th9r80n.
Iljr opinw on th• fina￿la1 statements does not th8 olher inh)rmaticn exc¥ to Iho extgnt othgrwi$¢ oxpli¢itty
slal&J li our re￿￿t, we do noi ow•ss any fomi of assw￿ there1￿.
In Connect￿ wnlh ow audit th thè rTh￿al slateM￿ts. crtff re¥￿￿knIty is to read the othw nfornia￿n and. in doin9 $0,
cnrtsidÉr wheth8r the othw information 15 m8lerialty i1￿)$1#ent the finJKaal slatemenls or our kTh￿edge cl)taingJ in
the audit or otherwise appèars to b• Material￿ misstat￿. If we ￿en¢ty Mat￿la1 1ncons5st￿C￿ or apparenl material
rnisslalernents, w¢ are requi￿￿ lo detwmine whether this gives rtsè to a matwial mis5t8temwrt in the finarKial statèmènts
tlwnselves. If. bas& on thè WO￿ we hav8 pWfoM)￿. we 0>￿Jude that there i8 a matwia misslalement of this other
inlorm8tK)n, wo art reQ￿r￿j to re￿rt thal facl. We h*rf& rthiNJ io 19)￿1 in thB regwd.
Oplnlons on other rnalters y•scrlb¢d by the Companiè8 Att 2006
In our opinK*n. based on Ihe und*tsken in Ihe (xxyse otlhe
the infrymalion 9iven ￿ the Report ol the Tn61ees for Ihè financlal yaar for which the slatemerts arg preparwl is
consiSt￿l wlh Ihe financial Stslements", an¢1
Ihe Rewrt of Ihe Truslees has been with applwale lega reqUWw￿ts.

REPORT OF THE INDEPENDEKf AUDrroRS TO THE MEMBERS OF
THE WAR MEMORIAL VILLAGE-DERBY
Matters OD which w• arn Mqulred to report by •xe•￿On
In the IhJht of the knowI￿ge arKI understsndry ol the charitable compwy its en￿rOnM￿* obtain8d in the cours8 of the
audit. we have not identified matu￿1 misstatwnents in ts A4￿01 Truste89.
We have nolhiro to rgport in ￿SpecI of the fokniTr3 malletsvhwe th* 2008 wwres LL8 lo rem to you rf. '
our opinK>n".
adequate accountirvJ rec*)rtls ha¥è not b8en kept w retum5 wdil have rvjt bea) ￿1V&1 from branthes
not wsiied by us,. or
the finanoal slaterne￿ are in agre￿￿nt wth theacC￿UnIlw records WKJ relu￿￿. or
(ertain disd05ures oftrustees. reM￿eTalK)n sperAfi￿1 by law are madè.. or
we have rKJl rec4ved itrormalion and eyp1ana1￿S we reqiire for OLK audit,. or
the trustees wwg ngt ￿n￿ll￿d to take of the 5rnall thmparmes exempt¥J) from the wuirement trj prepare a
Straleoic Report ￿ in Pfeparing Ihe Report ol th¥ Tntsteès.
R••pon8lblllil•s of trust••s
As explained more ful￿ in the Stalement of Tn￿ee$. Respongljilities, the t￿190$ Ivtho arè also the directors of Ihe
Char￿table u)mpany lor th8 purp)ses of cfympany law) re5$XM￿1b1e tr the ￿eparaticffi of the staianÈnts and for
being sats.sf￿ that they give a true and fwr view. for suth inlemal wntrol as thg Intst￿ determine is recessary to
enablè thè preparation of financial statements Ihal are free IrL¥n maierTral mi￿￿teMent. wthelher to fravd orerror.
In prepxrifvj thè finanaal slatemenls. the trustee5 we resw)nsiNe for assessi￿￿ the charitable crynpatys abihty lo cy)ntinu
as a goir& conwn. disd05ing. as appli￿1￿. maltws related to c4ncem usir¥J the ￿Ing concwn basis ol
oJuntswvJ unless thg Intslees ather inteThJ lo Ihe d￿li18￿ c4M)pany or to ceas8 or have no realisli
¢emativg twjl to th) so.
Page 7

REPORT OF THE INDEPENDEKf AUDITORS TO THE MEMBERS OF
THE WAR MEMORIAL VILLAGE-DERBY
Our r•¥ponslbllili¥s ft>r th• aurfit of th• financlal statements
Our Obl￿t￿eS are to obtan ￿sonatIe assuran￿ about whetrw Ihe f4iartr)a statements as a whole are free Ir(Mn matewisl
rnisstslement. whether dw to fra￿j ￿ em)r. ￿ to issue a Rep￿ of thè IthlepÈr￿enI Auditors that itxILNJes our opinion.
Reasonabb assurance i8 a hKJh level of assurance. byt i5 a guaranle8 that an aLxlit oJnducted in aC￿rdan￿ ISA5
IUKI will a￿ayS detecl a rnalgnal misstatement vthen it exisls. ￿￿$statements can arisè from Iraud or error a)d are
rDn51dered mateiial rf. indmduaty or in wjregate. tsy gJukJ ￿8$OnablY be e￿ected to inlluence the e￿￿Orn
daash?ns of users laken on basis of these finaThJa slat￿ts.
The oxlenl to ￿lch our prrn1W￿ ￿ wab1eofdet￿l9 fraL*J is dÈtal8d b￿￿..
Irregdarities. fr￿￿. are I￿tanceS of la*&S aNJ wulations. Wè design prc*8dur8s sn lin& wth
our res{￿1b111lies. outlin*1 ab￿￿. to del￿1 matwil MsstatWn￿ts wwct crf irrgwkriiies. irtluding fra￿￿.
Bec3t￿e ￿ the inherent IimitatKJns of an •Ail. there a risk Ihat dgleL1 al lrwulant￿$, indudiThJ those lea(Sing
to a matwial missiatwnert in the finwal Stat￿￿ts cff ncrfKxthpliarrE with ryilalim. This wisk In¢rèases th• more that
compliancE with a law ￿ regula￿"on Is I￿0Ved from the e¥￿ts and trar￿￿￿}r6 fell￿ted in the linanaal Stat￿ert$. as we
will ba18ss likety lo becorne aware of i￿lan{￿ d rnxKthWkance. The rtsk rs aLs0 ￿eat￿ rg3arding irr￿ularl￿¢S rK¢urrfng
due lo frthKI rnther Ihan wror, as Iraud In¥ofves Int￿t￿ThI oywlmert. [￿, OMISS￿ or mi8retKesentstion.
In Id￿tifyi1￿ awKI assessiNJ Ihè rn%ks of matwial misslatem￿l in res￿ of irregu*itiBs. Iraud and non•compllaThx
ilh laws and regulai*)ns. we c￿￿51d￿￿1 Ihè lolbyM"t¥J'.
.T￿ natsjre and control ￿￿lTOnment oflhtr ch￿ty
.OLf discussicffis Mth Manag￿[￿1 arNI lThJuth￿j tw had knowledge of *y ￿val. $uspg¢tgJ (
aleggd Ir8ul
.The Intemal cmtrols ￿ mitwè risks ol frawj
Fdlcwng our revi8w, wè havè Idwlif￿￿ Ihe wea5 deemed to have the g￿les1 ￿4}t￿￿'al for fraud or
rnaterial misstalement vthin the fina￿al Stst￿ents".
-T￿ rewJniiK*n of rental lTrx￿e
-Thlfd party cx)nfim)8tion ol ownership of ts"Ue to freehold wopwly
. CalaAal*)n of depwatlC￿ in acthrdance with thè accojnt1￿j pohcy
- Work Carrf￿ out by agents ￿ r￿at￿n to prcwty
- The r*k of management override
We also cxmsidered any and that were central lo the OpWat￿ of Ihe in¢lLwJirvJ charity law and
employmeN law.
Th• lolltrhyw proeaduras were uThkrt*en in resm d Ihe ￿kS whwe we i(kntfi&l the p￿1181 for maleiial misstatem￿1..
- Detailed rèntal summaries per property. rent* n arrw5 aFKI pad in aJvan￿, wwe oblained from agenls. A
cnntrol actount was prepa￿1 lola inc4)mè was f￿ncIl8d to lh8 ￿n￿r#al statem￿ts. Rent increases to
trust8e5' rnèèthro rniThJt8S.
. A samplè of pnwerbes w8re test&l to arKI **ekty fents agffj￿.
. Ownwsh45 of all freeh(Ad ddaled in Ihe tharil*)le (x)mp￿15 fX)rtlolK) WAS c(Jnfimi•J HM Land
Regstry.
- Dapr8c¥ation Calcjjlalw)r￿ based on (Thn[th￿l ￿ll￿JntiffJ wi r•sp&x of exts￿.ng properti￿ and Ihe buikl under Phase
1 wwe tesbj to ts a¢o)urting p)licy was by to the requwents thf th8 D8cenl kknmas Standard.
- Detaled s¢h8dules of wjrk carri￿ out w propty by a(*ro aJerts for the Charl￿Ne rJ)mpany wwe m¢ewed and costs
agrged to amounts paid quartety by the Gh3rity r*>n￿OU￿nÈ exP￿dItUre ￿l￿ring trustee approvab. A
sample ol maintenaK0 transa¢tKnS We￿ lest￿ to the S￿l¢e provi￿$ sy31ffn.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
THE WAR MEMORIAL VILLAGE-DERBY
- No ioum81 entr￿ were posted by the tharity. wè a)y krgè. urnjsual or transaethons outside the
nornial (￿urSe of trttsiness wl¥ch wwe Wlghbj as a ￿LAt cl ow lestry.
. We reviewed Ihe minutes of trusiees. meetivJs aTrJ ¢xrfrtrds pul in t￿￿£ by the board of truslees a review of Ihelr
risk assessment.
. At the pl￿nn9 Stage we discAJssed wlh manwt and 7*&tMd) ekntral lo Ihe D￿rgIlDn of the
¢harity.
.The finavwial slatements revivwed aknngswje rwjr d￿tsure d*thlists to wjentrfy *y unusual or unexpecteij
rdali0r￿hpS or any areas of non-c£￿￿1￿K*. DwJJ5SW6 wwe W with mana9wnent where it wa5 cYJnsidered additional
disdosures were required.
. We [￿nan￿1 *rt to any Ind￿￿￿ (rf frawj. matenal ffliSSlathY*nl or with law5 anrj rggulat￿ns
throuJhout Ihe audit inchjdry tt*)se r8laiing to Iho Stalen￿ts.
A lurihér descrpth.on ol r8sponsiblitw for the •Ail of the fmwKaal statwn8nls is k(at￿ on thè Financial ReportiThJ
Cwnryf5 webgle al w*w.frc.org.thfrd￿lltry5re5pQI￿'lil*5. TIMS de￿p11￿ fowms part ol our Repod of the In(lependent
AthjiQ0￿.
Usè of our réport
This report is rnade sow to Ihe th8rilak* (x￿panY$ membèrs. as a trAidy, in acrthanr£ h%ith Chapler 3 of Part 16 of the
Compani& Act 2(KK. Our audrt work has b*8n uThJertth￿ so Ihat * mwjht slate lo Ihe charitablg company's momba
Ihose rnatters we are r￿Uired lo stste to Ihwn in an a￿1&0￿5. rqjort I(￿ M other purposÈ. To Ihe fullest ￿ent permitt8d
by ￿w. wg do Mt act￿t or assumè r$sKy￿bbI1ify to arry(Th olhw Ihan Ihs thantablè ttjmpany and thè thantabjè ¢ompany
mwnbers 85 a tJ)dy, f(￿ our ￿lt work. kyr rwcrt, orfor Ihe 0￿MI)ng ha¥èfom*d.
David Mgm
envr Statutory Audtr)
lor and on be
of Johnson fidsall L Th*ed
Chartered P£countants
& Stalutory Audiior
81 Burt¢￿ Road
Derby
D￿y$￿ire
DE1 ITJ
FC
Oate..
>A).)
Page 9

THE WAR MEMORIAL VILLAGE-DERBY
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDtTURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
fuTr
l￿d*
INCOME AND ENDOWMENTS FROM
Donat&Jns and lega￿5
17
17
Charltsbh actlvlll
Housing seMce5
342,732
315.182
Investmenl income
2,989
Total
34S.738
345.738
318,534
EXPENDtruRE ON
Charftabl• aetlvltl•s
Housing seNces
29232
311 814
272,[￿1
NET INCOIIEI(EXPENDITURE
63.156
(292Y21
33.924
46,467
RECONCIUATION OF FUNDS
Total funils brought forward
5.OJ1397
218.193
5.308,190
5,261.723
TOTAL FUNDS CARRIED FORWARD
5.155.153
5342114
5,308.190
The notes kxm part ofthese rTh￿al statenpffjts
Page 10

THE WAR MEMORIAL VILLAGE￿ERBy
REGISTERED COMPANY NUMBER: 00469476
BALANCE SHEEr
31 MARCH 2025
202S
T¢Aal
funds
2024
Tofal
f￿XIS
Unr•strlct•d Restrkt•d
fuThS9
funds
FIXEO ASSETS
Tangible assats
13
5.315.547
181072
SA98.619
5,520,258
CURRENT ASSETS
Deblors
Cash at bank
14
41,816
364.701
41,816
368.590
26,486
336.151
406.517
410.406
382.637
CREDITORS
Amounts lalllng due ￿thIn one year
15
{72.3331
172.3331
I￿,856)
NET CURRENT
334.184
338.073
301.781
TOTAL ASSETS LESS CURRENT LIABILMES
5.649.731
186,961
5.836,192
5,822,039
CREDITORS
ArrM)unts laMiNJ aftwmore than cTh year
16
(494.5rn)
{49&5781
(513,8491
NET ASSETS
Sf 55.153
186.961
FUNDS
Unr8stricted fLmds
Restrict￿￿ funds
19
5.155.153
5.091.997
216 193
TOTAL FUNDS
5.342.114
5.308,190
These ffinarKial siat*nenis havè bea) ￿t(¥da￿e with lh& wovts1c￿ to tharitable companies Subject
to ihe small rJ)mpanies regxne.
The financAal stslements wwe appro￿1 by the Bowd of Tn¥lees arKI on
and warè slgn*J ￿ its behalf by..
2'tr%2L
M Martin- Trusl8e
Pago11

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENOED 31 MARCH 2025
STATUTORY IMFORMATION
The Ww Mwnonal Village - D8rby 15 a ￿Mpany. regster￿1 in EwvJar¥J and Wabes. The tharitabfe
company's wister&Y nun*er. rwslered ¢*wity nwnber. rwS1er￿ office address aThJ bu$w￿sS address
can bg found in r8lwoxe arwj ￿MI￿$tralIVe ddats ol ReWof the TnjSt￿$.
The presertaI￿ ￿rren￿of Ihe finar¥ia slata7)&* ts the PcwJThl Sith"rYJ £.
AccouKfiNG POLICIES
8a¥l¥ of pr•parlng the financlal staknnts
The financial statements (rf Ihe chantatde (x)mpany. whth ts a p￿1￿ ben&fil entily ¢Jthr FRS 102. have
prq)ared in a¢xy)rdance Ch*rtps SORP IFRS 1￿2) Acts￿￿ting and Reporting by Charili95.' Stalgmenl of
Recommended Practice apF4icable lo charibes preparr@ I￿"r ￿Trts n acLordance with the Fina￿al ReportiryJ
Stsndawd aP￿iGIble in the UK aTh1 Republic of IFRS 1021 lelfedNe 1 Jamary 2019Y, Finantial ReportiNJ
standa￿ 102 The Finwaa,, Repo￿.n9 StsThlard applica￿ n the UK and Republic of Irekgnd, th8 Companies
Act 2006. The finanryal 5tstwnents have been kwep* urKler the kM5torK* (x)st (xywentK)n. as m(MIifi￿ by
rèvaluath)n of c*lain assets.
Golng e¢)ne•m
During the year the truslees of Ihe War Mernonal ￿lage Derby have been in neg)ti8lK)n wrth Dwby Home5 Limiled.
thè charilgs rent and proputy mwienance sefKe provthr. r￿arthng a Iransler lo Oerby Homes Lirniied
ofthe 858ets and oper8¢K)rk% d thè War Mlaje t￿.
Thls w85 stheduled to take thr1￿j 2025, I￿￿T￿. has be￿ Ihwè is no dèar datè as to when
thè transfer will take pla￿.
Refèr to the note n these firkincia SlateM￿ Pc6t Bal¥￿ SW E¥￿ts.
Slgnlllcantjudgèmonts and •stimat•s
The esbmates and undutyiThJ assumpti￿& arè on an (WXTh3 basis. R*éisions to 8CeAyJnbn9 &Stimatès arè
r8cognised in th• per¥)d in *thich Ihe esknate is iewsed il revis￿ orty affeXs thal or in the of the
revL8ion and fulure periods rf Ihè miSK)n aff&#s frjlure wit<ls.
frAbwhig èstimattt havè b88n m>Jè in thè ryrxess of app￿ng thè d)arlIab￿ companys
ac0)LM￿.n9 polioas that have ha¢J Ihe n￿1 spJThficant dtecion rectsJnised in Ihe financAal statements".
Depr￿tsOft - the usefLd lrfe of Irethjo FWOF*l*s , whith are h¢xtsing Fwth"es, ts based on c£ffipc*nent
arthun*"rYJ. Eslima￿S arè eAknAated on h"stoit and oJrmt èxpèctaiions ol Lsthjl Ilfo.
FlnanclJl reportlng stsndard 102- r•ducad disclosure exomptiong
The charilable company has tak￿ advantsge cl the fOlkM"r￿ dL8dosTxe exempttjn in prepadng these finanoal
$latèments, as pwmitted by FRS 102 Th& Fift•￿￿ Rrfth'rg St*)d¥d aprAtaUo in the UK aThJ Republi¢ ol
Irdand,.
the requronents of s￿ 7 Statem&it crf Cash Fb)ws.
Incomè
All InrJJme Is recI)gnis￿ in Statemwrt of Acb¥ikn once the charity h8$ eltbtlwnent to fvnds. it i8
probable thal Ihe w￿1 be le￿1ve￿ Ihe arnO￿t can be measurgj ￿"aNy.
For dOna￿onS to be rwnfisgj Ihe charity vlql have bea) Th)tffi&J of Ihe amwnts a)d the settl￿ent date. If there a
condi1￿$ altsctsj to the d0Th3tion and wuires a perf(*Ma￿ before entsuemenl cw be oblained. Ih
Irwme is deferred untd those Co￿li￿On$ are tuly rnet fuNwMnl of COnd￿onS is 7Mthin the (￿r01 ol the
thwity and il is rKobable Ihat they be fLIAled.
Ir¥xJm• from charitatde activibes i￿aude$ Irwxffie &wned fr￿￿ rents. Inoyne is le￿ve￿ in exthwoe IOT supplying
Se￿1¢95 In order lo raise lund5 and is rwswj wrtrtknent has (Kry¥r￿.
Pag8 12

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL sTATEME1￿s - continued
FOR THE YEAR ENDED 31 IAARCH 2025
ACCOUMTING POLICIES- contIn￿l
Incom¢
Income IrLNn trading ¥tMts"•s ima￿1•S income eaM￿ frun fundrais•ry and actNibes to we funds for
the charity. i8 r*eivèd in ÈXd￿r￿ for Sup$kn"r￿ gctsjs arwj S￿iCe$ Mi c*der to raisa funds aThJ i8
re￿g￿lS9d when ￿1￿le[￿￿t has ocojrred.
Irhvgstrnenl inc0rn8 is wned thr(KKJh hclding assets investm￿1 purpose5 as bank deposil accounis. It
relates lo bank inlere51. Interest is recr*Jw5ed th& ¥ffacbv¢ Miiefysl method incom& is rwnis
as the righl to [￿*¥• paym￿1 i8 establ￿.
Debtors
Other debt￿S rewJrHs•J al the se1yem￿l wr*xmi duo loss ￿ (*scthrt. Pr¢paym$nts a￿ valugd at
arnount prepaKJ.
Expenditwg
Llabillties are rec(￿nISed as expenditu￿ as scon as Ihwe 15 a legal rK conslnttrve rtA*3ation comrnillirwj the tharity
that expendilure, il is probable that a translerol benefits will te reouired in settlement and the amount of
the obligation can be m&%ured r&*. ExpeThJ'lure 15 acco￿1￿1 for w an a¢xruals b85is and has bpen Cla￿￿led
under headin95 Ihat wJryegate all cosl relatèd 10 Ihe fatwy. Whue costs can￿1 be directly attrlbuted lo paxicular
Cr•ditors
Credrtors are rw1$￿ tharity has a pres￿{ r&ulliNJ from a pasl e¥￿t that t*fjll probatty
resull in Ihe trartsfer of funds ¢0 a ￿'r￿ party and arrK)unl due to S￿￿e the obli93tiorb be rneasurpd gr
eslimated rdiably. Creditors arè rewnised ai their Sett￿?￿1 am0￿1.
Govern¥￿e costs
svernance costs comwk8e al cnsts inv¢)%irvJ ￿0x￿￿bItitY of the tharity arKI iFKlude ts reimbur59rnenl
of t¥￿$tee$. experses t*JSts r£￿t￿ to Ihè siatutory aKfit.
Allocatyon and apportionmtrtt of eo
Thé costs of the charity have been AwbC￿l on the basis of ts wncwrt sppA on the main aclivity ￿ thé charity
which is the prO¥l￿n of hthLwn9 SÉlVth%.
Intan9lble asgets
Arnort15at￿n is calculatgj so as to Y￿rte (Al ￿ cost ol an asset. less As estimaled residual v*Je. over the usè￿1
onomic lrfe of that assét #s follo￿.
Computer softw*e fe W•bsil&. ovw 5 yoars strntyt
Tanqlbl• Ilx•d
Fre•h¢￿d properh.es re￿1￿￿ at ¥￿￿8￿.￿ ￿ 31 2014. ijnder FRS 102 thè trustÈès havè èl￿tad its
refiect Ihe (￿th￿d at dwned cost. T￿Ible fixwJ ** ww)w stated at cost ￿ dewned cos( less accumulated
depreualth. Cosl I￿ude$ costs 1￿"1eCtty attsitArt*)le lo rn*irMJ the a5sel ￿pable of Operati￿ as IntÈndÈd.
Fre9￿)1￿ properties, which a￿ Pfop&1es, are spkt bebbEen ￿ str￿t￿e and those rnajor eompMÈnts
which rewwe pertodic repla￿￿1. Repl￿￿1 (x restyaiw)n ol suth major componerts is cawtah.sed and
depr8riated over the average estimated useful lrfe. The Ww Menvial Village Derws assel management Str2tÈgy
and the wuiremenls c4 the D￿en1 Fk)mes Slandard.
Deprec4atron 15 chwwl over Ihe exp￿￿ [￿0￿1 lives as fc110￿."
Year4
100
Slrudur
Roof
w1nd(V￿ and dry)r5
Kitchens and bathIC￿lS
25
Pa9è 13

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUMTING POLICIES- contIn￿l
OePr￿1atIOn is charged over th8 u5ehd death ¢)jMp￿Wt asfdLYW5'.
Y•ars
100
Structure
Wirnjows arm1 d￿rS
Krtchens aTrJ balhmoms
25
TJnglblo fix•d a•s•ts
Methanica services
P￿ting and plumbiwwJ
Fit out ¢xsts
Solar panels
Elactrical
25
25
A transf8r is madè from the maluatvm reseThg to thè YKx)mè and •xpeThJiture acc#yJnl gqual to th8 dif8r￿ce
betsrtÈn deprttkqtion for the yèar ￿￿￿1#I￿d on Ihè basis fA thè histoiitA ts)st and Ihè actLfdl d￿p￿A￿l￿n charge
vknich ts ¢aculated Lk8ing thg revalued amounts.
In addiiwjn, d4wation is pKovthJ at r* cffl t￿1(￿"1￿￿ assets..
ImkYovwn8nts to proFwty
Fixture5 and fiib'n9S
Computer equipment
4% •tr*ht lith•
straight Ilne
25% straight lin•
Taxation
The ¢h8rity is exernpt from trJww)ratw its chariable •al¥ll￿.
Fund accounthg
The charity has both reStitt￿ 3Th1 fiJThts. AH fu)ts are used to aThJ the charitsblg
Jject5 01 the charty.
Unreslricted funds are furth are av3il*Ae for use at c4 tr[￿19￿5 in furtherancè of the
Restricted funds Ixn be used for restF*ied p￿￿$e9 within Ihè obieds of thè tharity. Re5lricti(
arise when speGified ty Ihe (kwor when fvbnds are Tal￿1 kn parfi¢AAor restr￿& PLYtM)ses.
Further explanabon of the aThJ ol ￿$trIc*￿ tuThJ is fftd￿ in the notes to the finanaal
siatements.
Flnanelal Instruménts
Financial ir6trumenls we classiful and xtounled fcv, ￿0)I￿"ng lo Ihe subst￿rE ol the CL)ntractval arraroemenl, as
éithèr finantial assets, financial I'abiliti* or insknrnts. An equity Instr￿m•nI ks any comrad that èvklentss a
resi￿￿ i￿e￿I in the assets ol theccrfnpwry aftw dthxtirYJ al of ts liabiliti&s.
DONATIONS AND LEGACIES
X125
2024
17
695
Pag& 14

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2025
INVESTMENT INCOME
2025
2024
Depo&t aco)unt inlwest
INCOME FROM CHARITABLE ACTMTIES
2025
2024
Rental inujme
342.732
315.182
CHARITABLE ACTMTIES COSTS
SupF
costs {
*le 81
nol8 71
Tolals
303.744
8,070
311,814
ORECT COSTS OF CHARITABLE ACTMTIES
2025
2024
TrusleÈs' expens8S
Rates and water
Service eosts
Grounds maInt￿a￿e
Ma￿a￿m￿l fee
Rants
Insurance
Dala processng
Legal and pro(￿sk￿MI
General o)sts
Bank charges
Bad debts
Intern￿ htistMIg
D4)reoation
Inierèst payab￿ and shnilar tharg8S
1.830
8,582
66.717
22.107
48.662
6,000
12.697
120
7.$00
170
63
2.300
1.645
42.235
19,387
45.605
6.CMJo
11,280
634
5,400
200
68
1206}
496
,232
41.736
450
86,146
40.579
303.744
267,012
p￿15

THE WAR MEMORIAL VILLAGEiIERBY
NOTES TO THE FINANCIAL STATEMENTS - conllnuad
FOR THE YEAR ENDED 31 MARCH 2025
SUPPORT COSTS
(>)vemance
costs
Housing servi
Support C￿t￿. irnjuded in Ihè atrt)vè. are as 10kn￿..
Go¥•ma￿• c¢Jsts
2025
Hc¥Jsing
servi
2024
Total
activities
Tnjstees, expenses
Auditors, rwnunerat
Accwnlanw arvj IwJal l¢es
306
4.710
39
7.980
8.070
5.055
NET INCOMEI{EXPENDITURE)
Net hxornrfexp*Mlilurel 15 slaled after d￿r￿￿(l￿e￿I￿￿.
2025
2024
Auditors, reM￿erydtl0rt
DeprgQdt￿- assèts
Ccmputer so￿8re WnCKtisat￿
8.070
68,146
4,710
88.132
10.
TRUSTEES. REMUNERATION AND BEIIEFITS
Therè We￿ no tnJst8es' rnmkThratk)n or other lor yew 31 Mwth 2025 nor the year eThJ&
31 Marth 2024.
Dumg the year ￿ fo10￿r￿ h¢)IK￿￿ paid to Iwj tWU51ee5 10 (x)ver 8xp8n589 irojrred by thèm during thè
year.
K* H Jenniros . chairm￿ £1.50012024.' £1SX))
Mr J SmJe- Treasurer £5¢￿<2024. £￿)}
Two {2024.. ￿0} pr(4)efliÉs wAthin thè War mèrlkx￿ IAll4è Dwby 181 to IhÈ follLwMVJ trustoas. Thè rènts aro
commensurate with similar propert￿$ withii the viwe.
Twust••
Annual r•ntal knnual rental
2025
2024
t)oyle
M Martin
6.258
6,453
5,770
5.953
TtAal
12,711
11.723
Page 16

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS - conllnued
FOR THE YEAR ENDED 31 MARCH 2025
10.
TRUSTEES. REMUNERAnoN AND BE￿FITS- e4JntThAd
Tiust•••' expenws
2025
2024
Trustees. ex￿e9
1.830
Trdvdliffj experkses totaire £rll12024." t3(￿) reimbwsed to rol (2023". ￿e) tntste8.
11.
COMPARATIVES FOR THE STATEIIENT OF FINANCIAL ACTMTES
Rèstrie
funds
Total
funds
funds
INCOMÉ AMD ENDOWMENTS FRO
Donations and legac*s
Charltablo actlvltl¢s
Housirrfj serv
315.182
315,182
Investmeni I)¢1￿)0
2.6S7
2,6S7
Tolal
318.534
318.534
EXPENDITURE ON
Charitabl• actly1t￿S
Hw5in9 servi¢es
242.83S
272.067
NET INCOMEIIEXPEIXIITURE)
75.699
(29,2321
46.467
RECONCILIATION OF FUNDS
To￿1 fur￿ browht luwafd
5.016.298
245.425
5.261.723
TOTAL FUNDS CARRIED FORWARD
5.091.997
216.193
5,308,190
12.
INTANGIBLE FIXED ASSETS
Computer
software
COST
At 1 2024 and 31 Marth 2025
AMORTISAnoN
At 1 Aprd 2024 an(131 Marth 2025
NET BOOK VALUE
At 31 IAarch 2025
At 31 Marth 2024
Page17

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS- conllnued
FOR THE YEAR ENDED 31 MARCH 2025
13.
TANGIBLE F￿ED ASSETS
Freth¢Yd
propwty
nd
cLm￿pUtèr
eouiprn&
Totals
COST
At 1 2D24
Additions
6.078.313
2.978
6.144.808
At 31 March 2fX25
6.14(820
6211315
DEPRECIATION
At 1 April 2024
Charye for year
576
18.160
1.491
2,966
12
624.550
88.146
84,911
At 31 2025
679.759
111.30
19.651
NET BOOK VALUE
Ai 31 2025
5A65.061
31972
S 498,619
Al 31 March 2024
5.483,465
34.704
2.077
12
5,520.258
I￿uded in c%￿ CK Y￿￿1.0ft of l*xl butth"NJs ts fro*w￿d laThJ of £2.$25,54712024 - £2,525.5471 whlch is not
d9p1￿1ated.
Fr¢elKdé properlies Mthin The War VllwJe twby TAere by 8 firm ol CA)mm8rtsal properfy
cK*rffjullarts and land agents as at 31 2014 m ￿rdance with the RICS Valuation- Prolessional Stan¢Jar<ls on
Ihè ba&s ol mathet Val￿ vacant thxsessh)) s￿"fiC for So<>a Ho￿Ing. On to FRS102 this valuation
was dected a5 deemed cost lorthg asset kKxff(kn.
In May 2023 the tW51ees oblaingJ a ol Ihe The War Memorial Willage pr(yerties. This has ￿t
be8n I￿Uded in these fThnC1￿ Sla1wn￿ttS bth vabRs Ihe propth5 a £6.7 mikn which is of Ihe dwned
(£Jst.
The historical cost of houswvJ les5 is £2.331.59312024.' £2.29J.5631.
14.
DEBTORS.. AMOUNTS FAWNG DUE IIITHIN ONE YEAR
2025
2024
hÉr dèbtors
P￿paYffl￿ts
39.667
24.536
41.818
26,486
P898 18

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
15.
CREDITORS.. AMOUNTS FALLING DUE IMTHIN ONE YEAR
2025
2024
Bank loa￿ overdrafts {see noie 171
othw uedilors
Cruals aThJ deferr￿1
19A73
38.008
18,174
33,847
8.835
Othw a5 at 31 Marth 2025 Md￿18 final ojsts. rtht*Ms. ol phase 1 d the build corn￿8ted
by 31.03.20T2 01 £29,98912024'.£29.989).
16.
CREDITORS: AMOUNTS FALUNG DUE AFTER IW)RE THAN YEAR
2025
2024
Ba￿ hjans (see ￿ 171
494.578
17.
LOANS
ana￿&S ol maturity of h)ans 15 l)ehyK.
2025
2024
Amounls falh'rrfJ Mitrin year on d￿.
Bank loans
18.174
Am(Mwts tslliry due belween and ffi¥e
Bank loar6- 2-5 years
93,02S
Amwnts falling due in mtwè than fvè yèats".
R￿Yable by instalmwts:
Bank lo4r6 S yr by insl
401.553
427.030
The bank ban is $e¢ured by a a fi￿t W tharge datwj 20 0*￿bar 2019 over all freehold prrwty known as bnd
on Ihe rorth wde ol Sinfm Road. Shdton Loth. tlety.
8ank kjan temis of rep3￿ment we 0￿)b￿ 2039 whd iniwesl ￿ payable at 2.75% base rato on thg principal
amount. If Ihis tsM5 bekn• 0% tlw Ik￿ is 0%.
18.
SECWiEO DEBTS
The followng sec3Jr&J debts we irKluded c¥edrtry5.'
2025
2024
Bank loan5
514 051
Page 19

THE WAR MEMORIAL VILLAGE￿ERBy
NOTES TO THE FINANCIAL STATEMENTS - Continued
FOR THE YEAR ENDED 31 MARCH 2025
19.
MOVEMENT IN FUPXIS
Transfers
movement
in fLW
Al 714r24
funds
3113r25
￿n￿triC￿d fvnd¥
Gener￿ fund
ReVa￿ation fw
1.381.550
3 710 447
61156
10.202
10
1.454.908
3 700 245
S.091997
63.156
5.155.153
R￿1￿c*d fvnd$
Wdfare fund
Propety r¢devdLVngrt
3.889
3.889
216.193
29.232
TOTAL FUNDS
308.190
33.924
5.342.114
Nèt moV*￿nI in fu￿s. mdLKl8d hi lh• ab￿ arn as fdkths..
Inc£ffti
Resources Movement
in fLmds
UM•strtcted fund
Gener81 fund
3￿738
1282,582)
63,156
R•Str1¢t￿ fund¥
Propety redeVelOp￿nt
(29.232)
(29,232)
TOTAL FUNDS
345,738
311.8141
Compara￿v•S for In funds
Tra￿fer$
between
funds
At
3113r24
114r23
in funds
Unrestrlcted funds
General lund
Revalua￿C￿ fund
1,295,649
3.no.649
75.699
10.202
10.202
1.381.550
3,710,447
5.016298
75.699
5.091.997
R•8trlct•d funds
Wdfare fund
Property redeveb¥m8nt
3,889
241,536
3.889
212,304
29.2321
245,425
29.232
216 193
TOTAL FUNDS
5261.723
5 308 190

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025
19.
MOVEPAENT IN FUNDS- conilnued
ComparatNe nel in f[M￿. in ts *)o¥e are a5 fokns".
Ineom
Rèstsurcès
exp￿￿9
M0Ver￿nt
in funds
Unrgotfk¢tod funds
General fund
318,534
1242,B351
75.693
R•8trlctsd lunds
Propwty r￿e¥down¢￿t
129.232)
{29.2321
TOTAL FUNDS
318.534
272.c6n
46.467
Restricled funds rxrfnprise..
W•llar• fwKI
Rdatos to a donalK)n from the Royal Brilish fvknton beir%J a smdl relief fL￿d lor the **Ware ol thtsadvantaged
serricemen and ex- servicemen.
R•dov•lopm•nt fund
The lurMI relales to the a110(3tiM ol RwJht ￿ Buy receyts as granl fvndiro from Dwby Cty ￿uncil. The grant ig k*r
Ihe replaC￿ent of propwtw arvj th? of
Tran>f•rs b•tw••n lund•
A trwsfer is made Irom the reValUatK￿ r859rve tg wKx)m8 and expen¢Jilure ￿etsUnt equal to the drfference
bèhveen the deP￿lat￿n chwge lor the yew ca*￿ated ￿ the basis of historical c4)5t and Ihe actual deprecaalK*n
charge which is cak#Jlth aTWts.
20.
OTHER FINANCIAL COMMITMENT5
As at 31 March 2025 tharity W finarKial ￿>M11M￿ts (rf £54.1x￿ 12024.. £60.ocKII in respect of rents on
18asehold prnpertias. The wmrnibment rerts for ￿ Iwm ol the lease expires in 2034.
21.
RELATED PARTY DISCLOSURES
Thèr8 werè no relat￿ party trartsth￿ kn theyear ￿d￿j 31 Marth 2025.
22.
POST BALANCE SHEET EVENTS
During Ihè yèar tsusi88s so1￿1 regardry a wcw6ed transfer of th8 assets and operalions of the
charity lo its 5wviGe provKJer DeFby H￿e$ Limiw. was rèac￿ to Ihè ujrr￿t trns1￿. wish lo
rellre.
Thè proposals lorward arn subpct to t1uè ch**s and irthje dea￿ce by th8 Chwily Commi8sKin and
il is not yet dear what ts date cl Ihe trar6ferv*il be.
Dwby HcrfDes is ￿ Arm's Lw¥th (W5aiw {NLMO) and i% 8 1(Xl% ownèd sthidi*y of Dèrby City
CcyJneil.
P¥Jè21

THE WAR MEMORIAL VILLAGE-DERBY
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2025
ULTIMATE CONTROLLING PARTY
The dwnt*lB is by its P￿)8￿ ofTn
Py22