Charity number: 242942
CT10 PAROCHIAL CHARITES
ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2025
Cleverdons Chartered Accountants
7 The Broadway Broadstairs Kent CT10 2AD
Charity number: 242942
CT10 PAROCHIAL CHARITIES
CONTENTS OF THE ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2025
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|Legal|and|Administrative|Information|2|
|Trustees Annual|Report|3-5|
|Independent|Examiners’|Report|6|
|Receipts|and|Payments Accounts|7|
|Statement|of Assets|and|Liabilities|8|
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Charity number: 242942
CT10 PAROCHIAL CHARITIES
LEGAL AND ADMINISTRATIVE INFORMATION FOR THE PERIOD ENDED 31 DECEMBER 2025
CONTACT ADDRESS
CHARITY REGISTRATION
BANK
ACCOUNTANTS
9 Northcliffe Gardens Broadstairs Kent CT10 3AL
242942
Lloyds Bank PO Box 1000 Andover BX1 1LT
Cleverdons Chartered Accountants 7 The Broadway Broadstairs Kent CT10 2AD
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Charity number: 242942
CT10 PAROCHIAL CHARITIES
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMBER 2025
ADMINISTRATIVE INFORMATION
CT10 Parochial Charities does not have a permanent address. The correspondent address is 9 Northcliffe Gardens, Broadstairs Kent CT10 3AL. Contact email is ct10charities@gmail.com
The foundation was registered with the Charity Commission in February 2020. The Charity Registration Number is 242942.
TRUSTEES
The trustees who have served until the date this report was approved are:
Chair Ruth Bailey
| Othertrustees: | Rev Philip Musindi |
|---|---|
| Rev Dominic Fenton (resigned 2 March 2025) | |
| Sylvia Mills | |
| Roger Binks | |
| Jennifer Matterface (resigned 31 July 2025) | |
| Michael Garner | |
| Jennifer Lambert | |
| lan Dunn | |
| Rev Matt Hodder | |
| lan Carter-Chapman | |
| Robin Murphy | |
| Susan Flory | |
| Alexander Borg | |
| Susan Murphy | |
| ColinKemp(appointed21June2025) |
Clerk: lan O’Sullivan
STRUCTURE, GOVERNANCE AND MANAGEMENT
CT10 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...
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Charity number: 242942
CT10 PAROCHIAL CHARITIES
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMBER 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)
The charity began with a bequest to the Vicar of St Peter’s Church from Richard Culmer in 1485. He left 6 acres of farmland in Broadstairs town centre now known as Culmer’s Amenity Land. In 1726 Hannah Taddy left 4 acres in St Peter’s 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 CT10 Parochial Charities.
All trustees give their time voluntary and received no remuneration or other benefits.
In selecting individuals for appointment as trustees, the existing trustees must have regard to the skills, knowledge and experience needed for the effecting administration of the charity.
OBJECTIVES AND ACTIVITIES
The objective of CT10 Parochial Charities is to distribute grants to the poor and needy within the area postcode CT10. The grants are made where there is no other source of money available, i.e. grants are not made in place of benefits, 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 benefit, including the guidance 'public benefit: running a charity (PB2)'.
ACHIEVEMENTS AND PERFORMANCE
This year saw the departure of our Chair, Jenny Matterface, who received thanks from the Trustees for 12 years of outstanding service to the Charity. Her replacement, Ruth Bailey, has taken over at a time of increased demands on the Charity and a growing need for its services. We have had a very busy year, with a noticeable increase in requests for funding and as a result have given a record amount in grants this year. We were delighted to give a sizeable grant to Charles Dickens School to support their new STEM Club, were able to fund the purchase of high-viz vests for an entire local infants school as well as supporting Thanet Wanderers SEND team and our local youth club. We have seen an increase in requests for curtains and carpeting when new tenants move into social housing, which are handed over often with bare floors. Our thanks must go to Broadstairs Carpets for a fair price and a quick turnaround on jobs. Referrals have increased from the local foodbank and have been steady from social services and other statutory agencies. We increased our Christmas gift scheme to support people struggling with the cost of living at that difficult time of year. We continue to follow our founding principles to support those in need in Broadstairs’
FINANCIAL REVIEW
CT10 Parochial Charities had receipts of £44,913 (2024: £42,442) and payments of £41,383 (2024: £56,742) during the year. The payments in 2024 included £25,000 invested in the share portfolio. This gives net receipts for the year of £3,530 (2024: net payments of £14,300).
The bank balances carried forward at 31 December 2025 were £90,302 (2024: £86,772).
Charity number: 242942
CT10 PAROCHIAL CHARITIES
TRUSTEES ANNUAL REPORT FOR THE PERIOD ENDED 31 DECEMBER 2025
DECLARATION
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
= Date: \ 2 a ore
Charity number: 242942
CT10 PAROCHIAL CHARITIES
INDEPENDENT EXAMINER’S REPORT FOR THE PERIOD ENDED 31 DECEMBER 2025
| report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2025 which are set out on pages 6 and 7.
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm 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 no 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 CT10 2AD Date: |, Apn| 202b
Charity number: 242942
CT10 PAROCHIAL CHARITIES
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31 DECEMBER 2025
| FOR THE PERIOD ENDED 31 DECEMBER 20252025 | ||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| RECEIPTSAND PAYMENTS | Funds | Funds |
| £ | £ | |
| Receipts | ||
| Rental income - Culmers | 12,530 | 11,022 |
| Rental income -Taddy's | 4,646 | 4,132 |
| Wayleaves | 1 | - |
| Dividends | 27,049 | 26,413 |
| Interest | 687 | 875 |
| 44,913 | 42,442 | |
| Payments | ||
| Grants | 35,776 | 25,054 |
| Flowers for retiringChair | 75 | - |
| Insurance | 1,091 | 1,085 |
| Culmers costs | = | 4 |
| Taddy's costs | 2,179 | 1,500 |
| Clerk's honorarium | 1,500 | 1,500 |
| Website | 259 | 259 |
| Printing, postage and stationery | 16 | 60 |
| Accountancy | 480 | 480 |
| Meeting costs | 7 | - |
| Investment | - | 25,000 |
| Surveyorfees | - | 1,800 |
| 41,383 | 56,742 | |
| Net receipts fortheyear | 3,530 | (14,300) |
| Cash funds brought forward | 86,772 | 101,072 |
| Cashfundscarriedforward | 90,302 | 86,772 |
Approved by the CT10 Parochial Charities on 2 Apw) 2024 and signed on its behalf.
. ce : Cate Ruth Bailey Chair
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Charity number: 242942
CT10 PAROCHIAL CHARITIES
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 31 DECEMBER 2025
| FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 2025 | ||
|---|---|---|
| 2025 | 2024 | |
| Unrestricted | Unrestricted | |
| Funds | Funds | |
| £ | £ | |
| Cash Funds | ||
| Current account | 9,111 | 10,317 |
| Savings account | 81,191 | 76,455 |
| 90,302 | 86,772 | |
| Investment assets - pervaluation | ||
| Land - Culmers allotments | 40,740 | 40,740 |
| Land -Amenity land Alexandra Road | 12,850 | 12,850 |
| Land -Taddy's allotments | 40,225 | 40,225 |
| Share portfolio | 869,274 | 786,355 |
| Liabilities | ||
| Accruals | 480 | 480 |
| Rentsreceivedinadvance | 6,551 | 5,789 |
Q