Whltslablo Non&ccl•siastlcal Charttle Flnan¢ial Stal•mgnts Year Ended 31 December 20 THE BUB8 SHERWLN PARTNERSHIP LID
Whit•labl• Non-Ecclgslastl¢al crItIeS Contents Page Detail$ Trustee5 Raport Bank C¢nrtol Caxon St8tement- Cash Caxon siaterMnt- DK%bur3¢mnts Anatywi Rtnt Contrd Balanc Sh1 SGh¢du Furf8y Page Anatys Statement of FInna Bal8nc Sheet Notes to Ihe Acwunts 10
Whitstabte NDn-ErC11a6O¢Ol Charflies Detslls Y•ar Ended 31 t)ecember 2024 Charity Number.. 248134 SharTM S¢nney Chair. Tru$tee& Pau11 Jo8nn8 Slllt)ing$ Jone Thomps Robèrt Sonnex Michael John Whito Janet Heny Janel Ngwixrt Jo•in• Walr R•gister•d fvldre$$' PO Box 1247 WHITSTAbLE K•nl CT1 9UT Accountants and Ind•pand•nt Ex•miner6.' Th• Bubb ShBrvffi P8rn18r3hip 1CpJ H9h Stre•L Whrtst*, K•nt CT5 1AZ Bank•rs". Lloyd& TSB Bar& PLC Hyh SVO•I whil8 Kent
Whitstable Non.Ec¢lesla8tical Charits•s Trust5 Report Year end 31 Dec•mbw 2024 The Trusle¢s presenl their rep)rt with the finanoal Btrtemontsof tl thanty ILW th8 araftded 31 Decrnb¢r2024. The tru5ttas have adopted lh8 provisions Statewnl of Re¢111j Pr4LXi( ISORPI"kntyJntyng and Reportyng by Charity08' Iu9d in 2005. Objècts of the Trusl The Obits of Ihe Trust we ma m¥nagemniof pr¢perty irstrn ol tho Wh"tslable [Ecc1•yastl Charity. thè Chanty of Clara Elizabeth Rthul ¥nd the Charty of Ellpn Sarah Hert The produced from marJa9emenl olthè charity's property and invesirItS is appbed after maKrrfJ r¢guk7r dDn81ions as cbjwn bj'ffte Scheme of 6th February 1999 •mgThded by th8 SchOff thi•J 151n Oaober 2cl for ts llfrcrfTr hord8hip or dotr•$6 01 persons rgBid•nt In Whilslmblè. Pevl8w ofAthllS and Future ve1Ments.. The ¢h•rity is fin•nced from rents CDllecied from prrIs W4ned n WIHtstabl2 ono ts wrTDundity •r•a and from inl•r8sl en In¥•8ted funds and this wll conbnue In ftrtur•. StruCre. gov•rnance and manwwt.. GD¥eming D0ment.. Tho TN5t 1$ governed by i stherne made on 251h Augu811978 arnended on Vl. Febwary 1999 •nd 15th Cttot•r 2004, and ' ra9r•Ol wilh Chanty COmrTMssners 8$ Charity NuffiL( 248134 RiK m8na9emenl truNt881 a duty lo iaontty and tTr rak> 10 whKh ¢h•iity r4 ey•o¥¢d and to•nsur• appropii•te Controh bre in pl&c• to provide ro4¢cn•bl• ¥ssurarK8 4galnStfraud r4J wror. Trn¥•s' wponsbililiej in relation to th• lin¥no•l statemefiis L•w 8pplicabKI 10 ch81iti•s In Eng18nd and Wa8 iequirts th• irnslees lo Prow fin8nd•l •tsternents for gach fin8nu•l y8¥r which giv• • ¢ru• and lair vw of the $t•ts of affair5 01 tho Chdrrty and of the gJplus ordof¢il of th• charity for that F¢rirJ. In prep¥rin¢ ih06¢ f41a1 8ts¢•m•nts, fv trU•t8•s .. . 8•ioct•d •ult•bk• •cGwntitl9 poIA•8 •fid Ih•n cèN•hnw". . mad6iud9rn¢ft and •stsma¢e$ that •r¢ reaJon8bl• •nd PNd•nl.' • st•l•d whether applicable acGoyniin9 Standath ha¥e betsn f&h)%d. eubJ" tr) any rngrial ¥•p•rturnb ded •nd expln•d in th•11n4n¢ial 8t•t•meilS". and ' prgp•fed th• finAnrAal 8tat•m•nts w lh• gory eMc•rn tr¥$. Th9 tfU6tqes hav• o¥•r•ll re$rKJMikn'hty fcr ensunng thjl th• ch•rity has •pprcprigts sy7tem8 of ¢ontrg16. finanual and oth•W. TY are also r•wn$ib10 for keeping prcow •ccounDng rocords which %¥dose wth rèawnabb a¢¢ur•cy at any b"m• Ihe fin#n- clol po8ltion ol Ihe ¢hgrity and •n•bl• th•rn lo ensur• Ihai the fnawal 8¢alemenN ty)mplywlh tho Ch•nti•& Ad 2011. They ire alio mspcrt81• for Safeguarding th8 #s••ts ofthe ct•nty and he tr t•kiry •#blo •t•p• foT th• preNnbon •nd d•toction olfrwud and oth•r 1ry•9ularrt. Tlis report wuè approv•d by th• Trustses on and w8¥ 8ynad by Ch•irnJn. Signed PJp2
Whltstabl¢ Non-Eceleslastl¢al Chariti Bank Control Year Ended 31 December 2024 B•lan¢g8 at 1 January 2024 Uoyds". Acctsjnt no ()13515 Accpunl no 00rn025 Ac£ount n¢J 516233852-779 14.967.49 70.573.61 102,Y9.41 CtJF Chariti9¥ Dep06il 203,090.51 Receipts aryj paynent3. P8T F•rKAilquarknty ststemen 3 months to 31.03.24 3 monihs to 30 CI8.24 30 09.24 3 Nonth5 10 2 monlhs to 31.12.24 42,932.14 38.307.84 34.561. 18 45,0gJ.70 35,573.44 16.8D2 27 43,484 63 46,202.58 8alanc08 It $1 DOrntr 2024, yr ne)nU#t10n b•ltrw 183281.67 344.1S3.$3 344.1SJ.53 BAnk r•concIltIo'. Lioyd•'. P4 it 31.12.24 Gtsunt no 00136065 8•Lqnc• per b•N( siaiement OutstAndirg cheqLK•¥ 31,962.15 Gourrt no 00722029 B•lanc• p•r bank $18teiriefit 31,14901 ount 8162331B3.779 105,150.51 COIF Ch•Tttl• D•podt 15,000.00 8•lin$ •t 31 D•¢•mb•i 2024 183 201.67 Pago 3
Whitstsbl• Non£¢¢l•8la•tlcal Charib•• Cthon8 Ststements - Cash Rpcelv4blg Y•ar Ended 31 December 2024 Dats Totsl InMrnn¢e Ca•h R•tsiMd exce•• 15.04.2024 55,778.75 SS.778.75 12.07.2024 28.691.29 28.891.29 14.10.2tr24 50.217.81 50.217.84 14.01.2025 38.735.44 38.735.44 173.42J.32 173,423.32 Page 4
Whltstsble Non.Ee¢le8i¥$b¢al Charltles C•xtons Ststements . DIsr8•Monts Anal15 Year Ended 31 December 2024 D•iails Tot•1 •lntenanc•l lry•ur•nc• Prof. f••• Grvdlt C•rd P•palrg Mangt 1.787 77 1210212024 Caxlon$ C¢mm Ltd (Comm man Fees) 1210312024 GlearGroup 28103r2024 car Group 0110312024 Cle8T Group 1010412024 Clear Group 1010412024 Clear Group 1010412024 Clear Group 10104tt024 Cloar Grovp 1010412024 Gl8ar Group 1010412024 Cl••r Group 10t04Q024 Clear Group 1010412024 car Group 1010412024 c£r Group 1010412024 Propefty 132S. Lané al R8df•ll Cr 12104r2024 Ca0n# Cofflm. Lttl ICorThn Mangt FeeBI 1,787.77 447.50 515L)J 420 C¥J 2.018.15 1.926 20 2,697.33 3.669 40 3.437 56 1,259 77 1.596.21 1.14003 1.309 36 168 Cl) 447.50 51500 420 LYJ 2.018.15 1.926.20 2.697.33 3.669.40 3.437.58 1.2S9.77 I.21 1.140 03 1.309 36 168 1,111.48 1310512024 Caxton8 Cornm. Ltd Icrynrn F•ul 2210512024 RuIld C¢si A8wssm•n'. Lt 2210512024 R•build Co81 Ass8ssmonl Ltd 2210512024 R•build Co81 Assessment Ltd 2210512024 Rebuild C05lA85•58ment Ltd 2210512024 Rebuild CoBtA8BeBsmenl Ltd 2210S12024 R•build Ctssi Aswssm•nt Ltd 2210512024 R•build Go$1 Assuarnent Ltd 2210512024 Robsjld Cost Ass•ssm•nt Lld 2210512024 Tr•m•in & Sons Group Ltd 1110612024 C4xlon8 Comm. Ltrj (Comm M8not F•¢$l 11BJ712024 Cath6 Comm. Lbj Icomm Manot Fo•11 383 66 172 00 17200 17200 17200 172 00 172 00 172 00 172C 11.472. 17200 17200 172 17200 172CKS 172C 172.IXS 172.C() 11.472.00 505.rK) 727.82 7Z7 82 24B)712024 C•xton¥ ¢omm•rd•l Linit•J 12108r2024 Caxten8 Cornm. Ltd Icomrn M8nw F•••) 1210812024 Comm Ltd (Comm Wn91 F•••l 1110912024 Cak5 Comm. Lld (Comm Man91 F) 1111012024 Caxlons Cornm. Ltd Icgmm M•ngt FM$l 1.14720 73S 81 142.50 1.379 59 931.41 1.147.20 735.81 142.ao 1.379.59 931.41 t810212024 South E8818rn M8int•nanc• Lid 1111112024 c8on Camm. Lld (Cornm M4ngl Fe851 1111212024 Cartons Camm Ltd (Cornm Mangl Fees) 1310112025 C¥xions CeM Lld (Cornm M8ng1 Fees) 1111212024 Caktsn• ConTh. Lld (Cornm Man91 Fèé81 660.CJ 650.00 405 38 1.032.&) 142.sj 405.38 1 032.50 142.so IJS.696.11 36.669.71 9.9315.40 45A95.11 JS.659.71 9,935.40 Pagè 5
Whltstbl• No¢¢19S1asticl Chrltles Rent Rgcèlvabl• Control Year Ended 31 Decefflb•r 2024 Openlng b•l•n¢88 33N71.9J 2.O08.32 Cash rocelved: Fl•k Hou•e 3 months to.. 31.03.24 3 monihs to. 30.C6.24 3 months lo.. 30.09 24 3 rfflonths lo.. 31.12.24 31.463.61 12.420 01 39,180.40 40.382.74 1.814.53 2.17461 2.161.17 1.816.45 123,446.70 7,W6.75 131 A13.$2 Ohburn•m•nts. p•r 8Gh•du Maint8Ce1r•p8lrS gnd In8ur•n 15.04.2024 12.07 2024 14.10.2024 14.01.2025 21.004.51 12.846.C(> 1,147. 660.00 36.659.71 Managem•nl f••s' 15.04 2024 12,07.2024 14.10 2024 14 01 202S 2,899.23 1.61£.48 3,189.31 2.230 38 9,935.40 Fl8k HOUM A•nts 7,966.76 Caxtom . Ca•h f•g•lv•bl• p•r •ch•dul• Ren Insurance r8co¥er4b Cash wlairl (contr41 In•ur¥rsce ex¢eJi119 HIW siroot} 173,423.32 173,423.32 Clo*inF b81•ne 2.890.38 3a.73&44 Ohyorerte 217 751.39 217.7S2.39 Pag8 6
Ylhltstsblg NofvEcclesl••tlcal Ch¥rlths Bohn¢e Sh¢èt Sch•dulg Year Ended 31 December 2024 2024 2023 D•btor•.' Waylgave Recoverabl• Property In8urwK•'. Premiurn poid L•ss.' r8co¥ered to ¢18re Caxoiis Irent paid after 0¢¢ounty"ng dtel Caxlons Iln8urance tEfund} J•nu•ry cash 9ronts propaitj Relund due on ovrstst•d amouni paKI 10 Fvrf8y Pag• en ¢h•qu• no 1197 38.795.44 33,472.27 30.00 30.00 30.765A4 33,502.27 CY•dltor• Ind a¢¢rual•: C•xton•.' ca95 commmsion lees commis8 r• concrtiioni Indemnity In8urnn Cffj411 Cord fees R•pairs and m•int•nanc 2,230.3B 2.OOB.32 Ind6pend•nl Ex•miner& FuY P890 BSPL knounlanlg 1,070.00 1.020,00 4.410.C 4.200.00 8.370.31 7,228.32 Pago 7
Whitstsbl• Non.Eeelesiastlul Charib An•lysis Of Furiey Page Year Ended 31 D•cwnbor 2024 2024 Furky Pagè LLP.. Cletking Costs. 241D112024 W22S8 0610312024 002259 (WO024 0D2280 2610312024 002262 07K1512024 002265 1410612024 002268 1710612024 002269 2310712024 002272 30n712024 002273 3110712024 002274 C611212024 FURLEY PAGE LLP I(KJCWX)1461173170 INVC4CE 0311012024 FURLEY PAGE LLP 600CO)001433405221 INVOICE 0811112024 FURLEY PAGE LLP ecWj14S3772s76 INVOICE 4,80D.CWJ 1,77120 4.800 OD 4.8. 4,800 LKI 4.214.40 ,600.LYJ 5400 4.800.00 1.800.00 2.624.40 4.209 60 1,838 40 S2A58.00 Oth•r L•yl F•••: 52,4fj8. Pap8
Whltstsble Non-EcClla3bC•l CharitieB ststement of Flnancial A¢llvlties Year Ended 31 Docwnb•r 2024 Unrngtfictsd R•8trict•d Fund8 Fund• 2024 Total 2023 Totsi Incomlng r••oufe•• lftcomlng from yn•r•l•d fvnd•: Inv8strn•nt Income 191.018 191.018 159,774 In8urgnceB rocoverab 11,849 Totsl Incomln9 Rgsouv¢•8 191.018 191,011 171,423 R••ourcu •xp•nd•d Co•t ol gen•rallng fund• COBI ol m•intsining inw•trneni8 55.354 55.354 34.c#)2 Ch•rilabl• acb'vrtbl 91.815 91.815 91,812 OOlmIN¢• C1 AlminiitrO1ion •ynws 58.696 58,696 83.945 Totsl •xp•nd•d 20S.800 206.116 ¥Jg.758 N•1 Ire8ourc¢• ineoftlr44 r••oUf 14.847 14,B47 36,338 Unrgolit•d IloJ8•syg•in• on in¥•iffthts 8&7 12.498 12,498 29,146 N•t mgv•m•nt lfi fund• 2.349 2,349 9,190 Fund lanC•• brougfvt lo•1 •t 1 J•nu•ry 2024 J.3•0.0 3,390.480 3,599,670 Fund b•lanG•• ¢Ath•d fo• It 31 D•c•mb•r 2024 3,388,131 3,388.131 3,390.480 l of th• r••uhJ •r• d•iNed from ¢a)ntruir¥J *ctMM•. Al and r•t4n••d In lh• yoaf •r• Indudod abov•. Pag• 9
Whitstsble Non-EccleslastlG•l Ch•riti•s ealaneè She•t Yr Ended 31 DKemlw 2024 Nokn 2024 2013 Flx•d a•%018 T8ngib18 ats Invesbnents 2.771.962 401.852 3.173.614 2.771.%2 389,154 3.161,116 CuTh•nt Debto Cash at bank and in h8Tr 38.765 183.262 22Z.027 33.502 203,091 236,593 Cv•ditor•: f•lllftg du• wlthln on• •r 7.510 7.228 214.617 229.304 N•t ¢urr•nta••ets 3.388,131 3.390,480 N•taM•ts Fund•'. Unr••trf¢t•d FuTrdB General funds at 1 Janu•ry 2024 IDelieitllSurpluB for th• yo•r Gen•rallund$ it 31 Drntr 2024 3.390.480 12.3491 3,399.670 19,1901 3,388,131 3,390ASO Totsl lund• 3.388,131 3.390.400 T fin¥nud ilabnN•nts on p499$ 1 to 12 re ppwo¥•J tyy th• onLI FIfj4L2026 •#Jrwd on th•lrt4h•lf by.. Page 10
WhltslablÈ Ilon-Erclesl••tic•l Charities Not¢s to tho Financial Statgmènts Year Ended 31 tknber 2024 1. Accountlng pollcle• Al Ba8ls ol pr•paratlon Thè financial statgmenis ha ts@ PTepgTed underthe hrIe$l CO nOnbon. witr Ihe e%ptIOn of investments which ore indudod atmg¥k8t Value. 88 modifiwj by th• rtr8luatiM ofrrtJm a55ets and Trn a¢cordano wth the Flnanual R¢pgrbng Standard5 lor Srnalw Entstw leffecbve January 20071 Chafitss AL 1993 •nQ in acc¢rdanLX Wrth th• Stslernent of Recommefidgd Pr%ttco ISORP).'ArTAyJnting and R¢portirvJ by Charths. pubknshwj M 2LWJ5 and 8ptyicabk a(yJ)unts'ng standards Ibl Fund aceountino GoTra1 Funds sro unr•stricièd ftJnd5 Wthich aTE avaii4bk IN use atlhe di8ryetiw oflh• fvrtherants of fv general obiecbv•s of the chanty and Ich ha¥0 not b88n dewJnatsd for other wrpostrs Re¥lricted funds art lund8 wh.ch ar• to be us•J in acuYdanc8 wth ¥rfiCIEsts1c1j0nS IMPO by donors LY whth have been raisd by tho charty tor parti18T purposè$. The eosi ol raisno arml adMl$tOrIft9 su¢h fund$ arg charged aglinst lh• grA8eific fund. Thè 8im Jnd ua• ol aach rwlrthd lund k% sei out In Ihe notes lo ihe finan081 stateTrents. (¢1 Ineorning rn•OUT¢ All incomity r•$ourc•8 ¥rè Included In Ihg stat1n of FinÈnco1 Aetwilw wtn fv chanty 1¢9ally to the income and the amouni can be quanlfvt1 with reawn8blg a¢wr•o For Wejes. entitlorfNgnt Is ¢he oarhor ol th8 thbnty bwfig nobf of •n impending distyibulion or th41é98cy boino No amourtw arn indudéd h the finano•l at•m•nb tor dofild by ¥olunts•ry4. Idl R••ourt•• •xp•nd•d All expenditure it 8¢wuniid for w in b8w9 h8$ Wn caassffj•J under h¢/dkng5 that )r?0#tO COBts Nlol•d io tho category. tre colts nN0¢ dir•cty attrbuted to paitular h&•Jffjs th•y h•ve t4on allocAd to acbvib•$ on 4 baois ¢cn818tenl With us• of th• r•gourc48 Grants off9j subject b ccffjdrt#)nswhth have not hon rngl •1 th• y8•rend ar• 06 Gommitsm6nl bul ngla¢xruad a$ exp•nditure 2024 2023 2. Inv••tm•nt Incomfr Bpnk Inioresl feceN•bl R¢nt receN•d Invtstrnent iniorn• othr Incom• 3.177 181,3¥Ys 5.558 894 2,936 151,241 5,385 213 191.018 1S9 774 Proporry rnan8g•rn•nt fles Property repairs Prepety Insurance otr ppertY ewerts 9.935 23,359 21.005 1.05$ 9,422 5.354 19,225 55,J54 34.002 Pay 11
Whbtst1b Non-Erxloslas¢ic•l Charhtie Balancg Sho•t Year End 31 Dx•mbw 2024 2024 2023 4. Gharitabbp ¥¢Jvitie$ First charges un in¢orrn'. (al Parochial Church Cn)l Df Whrtsth ED¢Jowed School Regu13rgrwts Soxty ef Slvirtent de Paul Sp8cial Gfgni$ S(K) 3,150 3.150 3.850 77.169 3.650 7.346 3,650 61.7 13,100 13.272 91,81a 91.812 J. IAlmlnhtr•tyv• •xp•nw• Furley Pig¢ professional fees Ipgr Schodubl oth8r prof05610nal lees Indèpend•nl8xamin•rs fe•& Indemnity in$ui8nco SuThJry •XFen488 52.458 76,88& 4,200 1.020 1,685 152 1.020 1,581 38 $8,696 6. T•nqlbl• •••t• Freehc4J prop•rty valued In M•rth 20111 Storage Igc41N85 and rMh4•nlal unli Release of retention 2.e4X).OOD 1fj6,283 5.679 2,600,000 166,283 5.679 1771.M2 2,771.982 7. Inv••thxnl• BLK Charib•s UK Equrfy Fvnd A BLK Charili•i UK Bond Fund A Inc COIF Charlty Incom• Shares COIF Ch•rity A¢cumuLqtvn Shar•s 149.571 9.220 176.578 66.282 143.910 e,493 172,677 63,074 401 OS2 B. D•btorn OutJtendig r•nts p¥id 8ftar 8ccwning R•fund on Futh Page chegue 38,735 30 33.472 30 38,765 33,502 g. Cr•dttoM'. amounts l•lllng du• wlthkn on+r Sundry creditor?. Property Mantyem¢nt 2.890 4,620 2.008 5.220 7,510 10. Unr••trkt•d fund• Tha G•n•ral Rtstryg r•pres•nts the fr09 luntJ$ ol lh* ch8Titywhth are not do#•3n4t¢d forpwDcuL9r pu0$. Pjge 12
Setlwton pJp5 Z to 9 reportto thetrustees on myexamllutlon ofthe accounts oftt above charity 1.the Tn) for the year ended 31 December 2024. Rsponsll¥Mltl•s and bas1¥01 ryort A3 the ¢h•rttl5 trustees you are responslble forthe weyr•llon otthè acrounts in Kcordance wlth the requlrements of the Charfties Acr 20111.the Acr}. I report In respoct of my examlnatton of the Tntsysaccounts Carl out under sertlon 145 of the 2011 Act and in carryln8 Out my exarnlnatlon. I followed all the 4P1¢8bIe Dirertions 8l¥en by the Charlty Comm1551on under sealons 1451511b) of tht A¢L Ind•p•nd•nt mmlMrfssl•tenw I have compl•ttd my examinatlon. I confirm no maierfal matter5 hm come my attentlon In COnnertk wlth the examinatn whlch 8fve5 me 5 to belkne that In. ony materf•l respert, The a¢¢ountlnq rncords were not kem In accordance with sectkln 130 of the Charltles Act,. or The accounts dld ffiot ac£ord with the account1 record5: or The accounts dld notcomY wlth the •pplk4bl• v•gulrements CQDcernln8 the form and eontent of aCcOts set out In the Chaflties Ikownts Ind Reports) Re8ulètSon$ 2CfJ8 other than •ny requlrement that the accounts 8fve a.true ar tslff vlew whlth Is not • m•tter ccnsklered as Pirt of an independent ex•mlnotlon. I have no Concerns arld have come across no other matters In connecth)n trth the examlnatlon to whbch attention should be drawn In thls report In order ip eb a proper uNlerstsndln8 of th• thccounts to be reached. F•tln Slddltyrf ACA FCCA Audlt & Accounts Pm Ufflt•d Chartèred Ac¢ountants & Re*#ered Audltors Dlslev The Hlll Skle Orpington 8R6 75D Date IW September 2025