HUSBORNE CRAWLEY CHARITY ESTATE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 CHARITY REGISTRATION NUMBER: 248497
HUS8ORNE CRAWLEY CHARITY ESTATE CONTENTS Page Charity Information Trustees, Report Accounlanls, Report Slat8menl of Financial Activities statement of Assels and Liabilities Notes to the Financial Slalaments
HUSBORNE CRAWLEY CHARITY ESTATE CHARITY INFORMATION FOR THE YEAR ENDED 31ST DECEMBER 2023 Charity Number". 248497 Trustees: Mrs S Pearslon Mrs L Styles Mr$ L Lyman {deceased 15 May 20241 Mr M Lousada Mr P Jones Charity Contact Mrs S Pearslon Lodge Collage School Lane Husborne Crawley Beds MK43 OUY Bankers: Barclays Bank plc Accounlanl.. Haines Watt5 Ac¢ounlanls First Floor, Woburn Court 2 Raillon Road Kempslon Bedford MK42 7PN
HUSBORNE CRAWLEY CHARITY ESTATE TRUSTEES. REPORT E YEAR ENDED 31ST DECEMBER2023 The Iruslees present their report and the financial Slalemenls of the charitable Company for the year ended 3131 December 2023. The Husboine Crawley Charity Estate bec8me re-regislered with the UK Charities CommisSn on 10 September 2012. Its Charity Reg151ralion Number is 248497. The charity is a public benefit enlily. Principal acllvities The objects ol the ¢harily, to pmvide public benefit. in order of priority. are as follows.. To relieve persons resident in the area of the Parish of Husborne Crawley, B2dfordshirÈ who are in hardship or distress., b) To further religious and Dlher charitable work of the Church of England in the Parish of Husborne Crawley, Bedfordshire., and To promolo the education of persons under the age of 25 who are resrdenl in the area of thè Parish of Husborne Crawley, Bedfordshire. Legal framework Th& charity is govemed by ils Irusl deed. Review of operatlon5 The Iruslees are satisfied with the results for the year, reporting a surplus of £3,610 for the year (2022.. 436,2301, th total funds al the yeor*nd amounting lo £702,12912022.. £698,519). Flnancial highlights The results forthe year are shown in the slalemenl of financi81 activities on page S. Trustees The Iruslees during th8 period under rewew were as follows.. Mis S Pearslon Mrs L Slles Mrs L Lyman- deceased 15 May 2024 Mrs D M¢Barron- resigned 7 February 2023 Mr P Jones Mr M Lousada- api)oinled 7 February 2023 No trustees recgived any remuneration for their sewvices during the pgriod. Trustee appointmont and induction The body of trustees shall consist of five nominated and co-operative Iruslees and one ex-officio trustee. The ex-officio Irusl68 shall be the Vicar of the Ecclesiastical Par¢sh of St James. Husborne Crawley. The co-optalive Iruslees shall be persons residing or carrying on business in or near the area of the Parish of Husborne Crawley.
E CRAW ES, RE AR ENDED 31ST DE EPII Trnlteo appointffjont Inductlon (¢ontlnued} The ¢harfiy Is forbjnats to ha a nurrtber ol long standlng 81088 who are obl8 to pass on Ih8k kntswlodge and ¢xporign¢o of thfr oryanlsallon. New trustees are also m8(l& aw8rè of Ihèlr ge1 obligations under ¢harfly1gw, the con¢errt of thè momorandvm and arlklès and iho ¢ommlttte's dècl$lon maklng pr(S8. OrganIallonal s¢ryetur¢ Th8 truslees hold regul Meellngs end de¢lslon8 are made upon malorfty ¢ons8nL R•sèrv8s polloy It18 th8 Charli6 akn to hdd a mlnlmum ol Ihreo month'$ overhearf costs In unrsslrtcted re$erve 8t all limes. Rl¥k# The Iwste&s bts116vo that the charlly Is not exwjsed to any mal8rial r18k¥. Gvanl maklng poll The Charity has no set polcy Ih relatlon to"maklng grant p8yment& InVtMent pollcy Th& Investment policyls to onty IKdd h)w rfsk Investm15, to 6aTeguard.th6 ¢hl5 fLmds. Statamgnt ol trustse' r•$pohslbllltles Laws appllcgble to charlties In England aml W&l6s requir& Ih8 tru8tee5 to prepare financlal slatements for each financl21 pertod whlch gbvo a and falr vi8w d th¢ state of affairs of Ihe ch&rVs financh?l during Ihg peri1, and of 11[0 at Ihe end of that pèrlod. In prepthng Iho3ellnan¢ial &18temenl4 thè arn raqulrgd tofollow be8tpradl(¥ gTrJ: sdectsuSt¥blfj 8tu)unling applythem cumlstenty., mak¢ judgements and eslimales thal are re33on8bl&and pnJd8n pr•parg Iho finond81 siatom¢nls on Ihe going ¢oncgm basiy t1n8 if Is inapproprrate to pre8um&th8t th8 ¢harty will ntinue In i)peratlon. Thè 1rust5 aré responslble for keeping properaccountirvJ r8cords whkh disclos8 whh re480nable uracy at any tlmg Ihe fknanclal po6iDon of the ch8rity and énabtès Irn to •n8ur& thatlh8 fknandal sktements CoMY with the ChaTits8s Ad 2011. Thèy ore Also re8pon$ible for safeguardkng the ossetfy ofthe tharity end hèn¢8 fot thklng roa8¢nable slops for the prevenlion 8nd d6ts¢tlon of fraud aThY 0th0rltragularftl8s. $lgn¢d on bo ff of PEARsfoN-T MRS L STYL rustee
HUSBORNE CRAWLEY CHARITY ESTATE ACCOUNTANTS, REPORT TO THE TRUSTEES ON THE UNAUDITED FINANCIAL INFORMATION OF HUSBORNE CRAW RITY ESTATE Report to the Directors on the preparatlon of tha unaudited statutory ac¢ount$ of Husborne Crawley Charity Estate for the year ended 31 December 2023 In a¢¢ordance wilh the engagement letter, we have prepared for your approval the financial information of Husborne Crawley Charity Eslale for the year from the company's accounting records and fTom information and explanations you have given us, As a practising member of the Inslilule of Chartered Accountants in England and Wales IICAEWI, we are subject lo ils ethical and other professional requiiemenls which are detailed al icaew.ciThlmembershandbook. You have apprtsV the linan¢ial infoTmalion for the year and have acknowledged your responsibility lor it, for the appioprialeness of the financial r8POrting framework adopled and for providing all information and explanations necessary Ic>r its compilation. We have not verffjied the accuracy or completeness of thè accounting records or information and explanations you have given lo us we do not, therefore, express any opinion on the financial information. This ieport is made solely lo you, in accordanee with the terms of our engagement letter. Our woik has been undertaken solely to PTepare for your approval the financial infomalion of Husborne Crawley Charity Estate and slate those matters that we have agreed lo slate lo you in this report in accordance with ICAEW Technical release TECH 08116 AAF. To the fullest 6xtenl perrnitted by law, we do not accept or assume rgsponsibility lo anyone other than Husborne Crawley Charity Estate for our work or for this report. Signature.. Haines Watts First Floor, Woburn Court 2 Raillon Road Woburn Rd Ind Est Kempslon Bedford5hire MK42 7PN Dale..
HUSBORNE CRAWLEY CHARITY ESTATE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER2023 Restrlcted Unrnstricted Total Funds 2023 2023 2023 Total Funds 2022 Incomlng resources Investment income Rents received Interest received on investments Deposit interest received Other 5,000 3,818 563 5,000 3,818 563 5,000 3,662 61 1.950 Total incoming resources 9,381 10,673 Resovrcos expended Cost of generating funds Charitable expenditure.. Fuel allowances Christmas gifts Other donations 852 900 6,700 862 900 6.700 870 1.200 3.150 Govemanco costs.. Adminislralion expenses Accountancy fees Professional lees 504 504 480 665 Total resources expended 8,966 6,365 Net gainslllosses) on Fixed Assets Nel gainslllosses} on Inv8s1menls 3,195 3,195 140.5381 Net Movement in funds for year Funds as at janUY 3,610 698519 3,610 698,519 136,2301 734,749 702.129 702,129 698519 Funds a5 at 31$f Decembor 702.129 702,129 898,519
HUSB CRAWL CHARirY STATEME T OF ASSErs D LIABI 31. ECEMBER 2023 IES 202 Flx•d Assets Land and propÉrt Flxed asset inv6stm9Trts 499241 133.37T 499,241 629,423 CuTnI Assets Cash in Hand Investrnenl accounl 58,038 61.441 89,991 69.576 Cr•dltorn: Amounts faiihg Due wiihrn ong year NOt.rr9n* as50ts Total a$s¢ts lèss current 118bllhl¢s Incom• Unr88trlct8d lunds R881rthd funds 702,129 698,519 Total tunds 698 5t9 The fln3n¢lal proved by the Irugteo9 on.........-....... s1 wgr88ignod by.. PÈARSTON MRS L STYLES- rusle
HUSBORNE CRAWLEY CHARITY ESTATE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ST DEC BE 23 Accounting policies Basls of accountlng These accounts have been Prepared in accordance with FRS 102 accounting standards and the charity SORP IFRS 1021. The Financial slalemenls have been prepaTed under the hislo¥ical cost convention. The fin?n¢ial slalements are presented in sterlin9 which is the functional CUTrency of the charity and round lo th& nearest £. The significant accounting policies applied in the presentation of these financial statements are sel out below. These policies have been consistently applied to all periods presented unless otherwi59 51aled, Incoming resources Income is recognised in the period in which the charlly 15 enlilled lo receipt and the amount can be measured with reasonable certainly. Income is only deferred when the charity has to fulfil conditions beforè becoming enli118d lo it, or when the donor has specified that the income is lo be expended in a fulufe period. The income from trading charitable activities derived from the provision of services are included in the period in which the supply takes place, after the deduction of discounts and value added lax. Grants received are included as income from activities in fvrtherance of the charity'5 objects where they amount lo a contract for services, but as donations where monies are given with greater freedom of use. Any amounts received for specilic purposes aTe accounted for as ieslri¢led funds. Investment income is earned through holding assels for charitable actniilies such as share8. Interest is accounted for on the statement of financial actlvllles in the year in which il is received. Resource5 expended Resources expended are included in the slalemenl of financial aetivilieg on an accruals basi8, exclusive of reclaimable value added lax. Expenditure directly atlribulable to specific activities are included within those cost categories. Governance costs include those costs associated with meeting the conslitulional and slatulory requirements of the ¢harily, including accoLtntancy fees, adminislralive fees and costs linked to the strategic management of the charity. Funds accountlng The funds held by the charity are a} Unrestricted g8neral funds - th8s8 are funds, which can be used in accordance with the charitable objects al the discretion of tho trustees. bl Restricted funds these are funds, which Can only be used for particu12r reslTicled purposes within the objects of the charrfcy. Restrictions arise when specified by the donor or when funding is raised for a particular purpose. Tanglble flxed assets Capilalisalion policy is lo caprtalise only assets of more than £100 in value, assets below these values are Irealed as revenue expenditure. Freehold land donated lo the charity Is included al the Iruslees. eslimalion of the fair valu& al the balan sheet dale. Freehold land is not depreciated. Flxed a$8gt investment$ Fixed asset investments are included al market value al Ihe balance sheet dale, wtth any gain OT loss in valuation taken lo the statement of financial aclivilie8.
HUSBORNE CRAWLEY CHARITY ESTATE NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2023 Staff Gosts No remuneration OT benefits in kind wére paid lo any trustee during the period. Tanyib18 flxgd assets Freehold Land Total Valuatlon Al 1$t January 2023 Additions Revalued Disposals 499,241 499,241 Al 31st Decembèr 2023 4Y9,241 499.241 Deprèciation Al 1È1 January 2023 Charge for the year Elimination on disposal Al 31$1 DecembeT 2023 Net book amount 31 sl Decembér 2023 499,241 499.241 31$1 December 2022 499,241 499,241 The freehold land was gifted lo the charity in January 1865 and is inclLtded al the trustees. best e81imale of market value al the lime of conveyance. Flxed asset investments Listed vestments Total Cost or valuatlon Valuation al 1s1 January 2023 Additions Revaluation Disposals 130,182 130,182 3,195 3,195 Valualion at 31st December 2023 133.377 133.377
HUSBORNE CRAWLEY CHARITY ESTATE NOTES TO THE ACCOUNTS SY FOR THE YEAR ENDED 31 DECEMBER 2023 Cash at bank 2023 2022 Cuirenl account Deposit account 58,038 11,890) 58,038 61,441 Creditor5 2023 2022 Accrued expenses & Trade Creditors 480 480 480 480 Unrestricted reserves 2023 2022 General reseNe At 151 January Nel Movement in Funds for th? Year 200.078 236,308 203.688 200.078 Fair Value reserve Al 1al January Net Movement in Funds for th& Year 498,441 498,441 Transfer between reseTVeS Al 31sl December 702.129 698,519