Charity number. 242942 CTIO PAROCHIAL CHARITES ANNUAL REPORT AND ACCOUNTS FOR ThE PERIOD ENDED 31 DECEMBER 2024 Cleverdons Chartered Accountants 7 The Broadwav Broadstsirs Kent crio 2AD
Charfty number. 242942 cno PAROCMIAL CHARMES copirENTS OF THE ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2024 Page Legal and Administrative Inforniation Trustees Annual Report Independent Examinerg Report Receipts and Payments Accounts Statement of Assets and Liabilities
Charlty number. 242942 crio PAROCHIAL CHARMES LEGALANDADMINISTRATNE INFORMATION FOR THE PERI(X) ENDED 31 DECEMBER 2024 9 Northcliffe Gardens Broadstairs Kent CTIO 3AL 242942 Lloyds Bank PO Box IIJX) Andover BXI ILT Cleverdons Chartered Accountants 7 The Broadway Broadstairs Kent crio 2AD
Charfty number. 242942 CTIO PAROCHIAL CHARMES TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEM8ER 2024 ADMINISTrATIVE INFORMATION CTIO Parochial Charities does not have a pemianent address. The correspondent address is 9 Northcliffe Gardens. Broadstairs Kent CTIO 3AL. Contact email is ctlocharities@gmail.com The foundation was gIstered with the Charity Commission In February 2020. The Charity Registratlon Number is 242942. TrUSTEES The trustees who have served until the date thls report was approved are: Choir Jennifer Matterface Other trustees.. Rev Philip Musindi Rev Dominic Fenton {resigned 2 March 2025) Sylvia Mills Ro8er Binks Ruth Bailey Michael Garner Jennifer Lambert lan Dunn Elizabeth Baker Ireslgned 3 May 2024) Victoria Gregory Iresigned 25 March 2024) Rev Matt Hodder (appointed 13 September 2023) lan Carter-chapman (appointed l December 2023) Robin Murphy {appointed 13 December 2023) Susan Flory (appointed 25 March 2024) Alexander 8org (appointed 30 May 20241 Susan Murphy lappolnted 4 June 2024) aerk.. lan O'sullivan STRUCTURI GOVERNANCE AND MANAGEMENT crio Parochial Charities is a charity governed by the Scheme of the Charity Commissioners dated 29 March 1965 as amended by special resolution dated 11 May 2010. The charity was registered with the Charity Commission in June 1965. Continued..
Charity number. 242942 CTIO PAROCHIAL CHARMES TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMBER 2024 sfRlIcTU GOVERNANCE AND MANAGEMENT (contlnued) The charity began with a bequest to the Vicar of St Peterfs Church from Richard Culmer in 1485. He left 6 acres of farn)land in Broadstairs town centre now known as Culmerfs Amenity Land. In 1726 Hannah Taddy left 4 acres in St Peterfs also to the church. Both parcels of land are now non-statutory allotments and bring in regular income in the form of rents. Five other small charities were placed under the umbrella of what is known now as crio Parochial Charities. All trustees give their time voluntary and received rK) remuneration or other benefits. In selecting individuals for appointrnent as trustees. the existing trustees must have regard to the skills. knowledge and experience needed for the effecting administration of the charity. The obiectNe of crio Pamchial Charitbes is to distribute grants to the poor and needy within the area postcode CTIO. The grants are made where there is no other source of money available, i.e. grants are not made in place of benefrts. etc. Income is from the letting of land and the receipt of dividends from our investments. When planning our activities, the trustees have considered the Charities Commission's guidance on public benefrt. including the guidance 'public benefit: running a charity {PB2)'. ACHIEVEMENTS AND PERFORMANCE We have continued to distribute grants to those in need within Broadstairs in line with the aims of the Charity. We seem to be receiving fewer requests via the food bank. but still a regular flow of referrals from statutory bodies i.e. Social Services, Childrens, services, local NHS mental health teams and GP surgeries. We have found it necessary to continually remind people of our existence given the turnover of staff in these agencies. We have reached out to all schools within our catchment area and have been able to give several effective grants as a result. FINANCIAL REVIEW CTIO Parochial Charities had receipts of £42,442 {2023: £39,916) and payments of £56.74212023: £19.141) during the year. The payments in 2024 included £25.0 invested in the share portfolio. This gives net receipts for the year of £20.775 (2022: net receipts of £7,330). The bank balances carried forward at 31 December 2024 were £86,77212023: £101.072). The trustees decla that they have approved the trustees, report above. Signed on behalf of the chariws trustees Jenny Matterface Chair Date: 10 //."
Charity number. 242942 CTIO PAROCHIAL CHARMES INDEPENDENT EXAMINE5 REpoifT FOR THE PERIOD ENDED 31 DECEMBER 2024 I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 vthich are set out on pages 6 and 7. Responslbllltles and basls of report As the charitvs trustees you a responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the ACY). I report in respect of my examination of the charlS accounts carried out under section 145 of the Act and in caving out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145{5){b) of the Art. Irtrndent examlnerfs statement I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act. or the accounts do not accord with those records. have rbo concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mrs K Cleverdon Chartered Accountant Cleverdons 7 The Broadway Broadstairs Kent 10 2AD Date: Z sePte 2025
Charlty number: 242942 crio PAROCHIAL CHARMES RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2024 2024 Unrestrkt Funds 2023 RECEIPTSAND PAYMENTS Funds Rental income - Culmers Rental income - Taddy's Wayleaves Oividends Interest 11.022 4.132 10.888 3,719 31 26.413 875 24,575 703 42.442 39,916 Payments Grants Christmas Gifts Insurance Culmers costs Taddy's costs aerk's honorarium Website Printin& postage and stationery Accountancy Investment Surveyor fees 25.054 13.859 1,085 1,075 928 I,SCM) 259 259 25.IXMJ 56,742 19,141 114.3(X)) 101,072 86.772 20,775 80.297 101.072 Cash funds brought forward Cash funds carried forward Approved by the CTIO Parochial Charities on 10 Ttsl 2 025 and signed on its behalf. Jenny Matterface Chair
Charfty number. 242942 cno PAROCHIAL CHARMES srATEMENT OF ASSETS AND LIABILMES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Unrestrirt Funds Funds Cash Funds Current account Savings account 10.317 76,455 86.772 16,906 84.166 101,072 inVestt assets . per valuation Land - Culmers allotments Land - Amenity land Alexandra Road land - Taddy's allotments Share portfolio 40.740 12,850 40,225 786,355 40,740 12.850 40.225 739,495 Uabiltt Accruals Rents received in athian 5,789 5.206