HI FINN CHARITY ANN FOR TH CL0MmIsSION REF NUMB ACCSYS AccouKfANTS (MEDWAYI LIMITED HARTERED ACCOUNTAKrs F39 INNOVATION CENTRE MEDWAY CHAThAM KENT ME5 9FD
HHAL IEFINN REPORT OF THE TRUSTEES AIRIAAN Mr J. Myatt TR Mrs T. Stoweys Mr5 C. Peek Mr S. Barfey Mrs J. Collins Mrs N. Tumer RK ANO TR Mrs L. Colhs PRIN Ip 9 Avenue High Halstsm Rc¢hest Kent E3 8TL Ac£sys Accountsnls Imedwayl Ltd Chartered Acctyjntsnls F39 Innovation Centro Medway Chatham Kenl ME5 9FD NKE Natiijnal Westminster Bank Hc CITOR Sphl & Son Rorne Hwse 41 RaiaY Street Chatham Kent ME4 4RP HARrrY OMMISSION R FEREN MB
HIGH HAL W REUEF IN NEED HARrrY REPORT OF THE TRUSTEES The Trustees present their report a1 acg>)unts for the year ended 31st ¢)clotr 2024 ccmnply with curyent slatLrtory requirements. Ihe Revised SIaleftnt of Reiyxnmernled PraCte and the Goveming DUrnent of the Charrty. The Hh Halstow Rel1 In Need Charity Is an unincorporated Charity govemed by a scheme dated 3rd August 1981. as amended by a further scheme dated 27th September 1989. inccrfw)ratiThJ chariti&s of John Cromp, Reverand RrA)ert Rthar(I WThile aj Emmeline Pye Blankets for the Poor. The Chanty was eslablished to reliwe. either generally or indivKlualty. pers$ resthnl in Ihe parish of H Halstow who are in Conditions of need. hardship or distress by makiw grants of money or pioviding items. ServiS or facilities calculated to reduce the need. In applyirJ the income of the Charity. preference is given to wldows who qualify es beirwJ n co111)n5 ¢ nead. hardship or distress. The Trustees are ftwther ernFvwered to grant relief to elSgit4e pers¢m in other vhyages ol the Hoo Peninsula in the vicinity of the PaTth of Hwh Ha151ow if the ChaTrty's IrKome Is not fully expen8 for Ihe purkx)ses of relf in need and for broader charilable purposes within Ihe partsh of Hsh HalslLM. fT L8w applicable lo charils n Engla1 & Wal8s requins the InJs1 to Fryarn finartlat statements for each rinanclal yesr whith gNe a and lair vthv of Charily's financial acjiVrt during Ihe year and of rt4 financial position al the end of Ihe year (unless Ihg chwity orrtid lo prewe a¢¢ounts cffl the allemalNe recwpts and payments basLSI. In preparing financial $tal•rrnnts gNiNJ a In 8ThJ lair viw. Ihg Trust¢e5 fok¥ best praclKe and: S&lect suitabla actnting Fdides atsj than ap them consistenty. Make iudgemenis arKI eslimales Ihal are reasonablè arKI prLbJenL Stale ther applicable accountlng $landard$ and statements of recommended practe have txen followcd. subject lo any departu8 dBcksed and explainod in Iho fmancial slalements. 5xepare the financial statements on th? gc4ng c(¥Kom b85b5 un185s li 15 inapwrlyiate lo assume that the Charity will conlinue in operati. b) d> The Truslees are responsitAe fcrf keepwig accA)unting rècorfls whth disclose wilh reasonable accuracy Ihe fjnanoal postts.on of the Charity, 8nd enable them to ensure Ihal financial slalements comply with the trust deed. They are also responsible lor safcguafdFng the assets of the Charity and hence lor lakino reasonabte slep$ lor the preyenlion and ¢Jelec1K ol fraud WKI ¢)ther rylarrt. Ouring the year undef review distrbi ulion5. amounting to £19.915 were made lo 43 indNidual$. compared with dislribulions of £53.830 10 64 indivKluals in tho previous year. In addition. ¢Jonalions amounling lo £5,247 12023.. £6.9651 were made to ¢)rganisalions within arKI around the village of High Halstow. Tho Trustee$ consider 8ach and every grant request on its merits having du8 regard lo Ihe Charity's Governlng Document. The Trustees continued to prornote the aclNtties d the Charity and its athievtirnts wilh a view to idenlifylng ftrther SlentS %Mlhin It parish who are in nEed or wh) arE suffering finandal hardship. The Charivs Trntees nfirni that they have comfftd ¥Jilh their (#Jty 10 have ¢Je regard to the Guidare Pubuc Beneffl publthd by Chartty CommIss In exercisirJ their The Charty has reported a sur of inrA)me ovef expendi 01 £14.347 for Ihe year ended 31st October 2024 compared wtth a £lef5¢il amwnling lo £19.804 in the prevFcxJs year. A8 ¢fisdosed on p3ge 5 of the awounts, the value Df Inve5trnen15 held as fLxed assets inwsed value by £20.188 compared wth their 31st Oclobw 2023 market value. This unrea1r FKofft has not teen recogntsed ffl the firwKi81 ststemerts for th8 year.
HI H HALST W REUEF IN NEED CHARrrY REPORT FTH TRUSTEE (Continued) Trustees The Trustees who served dufyw lh8 year. naIts ofthelr apanoL ¥e as loll Ex-oifiGio Trustees Rector of the Pansh Church Warden Churth Warden Rev. S. Gwilt IResigrRd 3111 Jldy 2024) Mr. J. Myatt Mrs J. c(4n$ Nominth8 Trustees Wnted by the Paiish Councl Mr S. Badey Mr5 C. Peek co-op¥¢ Trustees Appnted thrW ResKJenee. Mrs N. Tumef Each Tntslee is entsU8d to one vote. and evgry mattw is detern)Ined by a maiority of th8 Vote5 01 the Trustees present. A meeting requyes a quorum of three Tnjslees and in the ease ol equality of voles me Chairman ol the mccling tss Ihe castiThJ vot& During Ihe year und¢r revie no iemUneralw was expen Toimbursed to Trustees of the Chanty. It 1$ the Truslo8$ viow that il is PnKlenl to ensure Ihat theo are suificienl free resorv85 to Pfovide fInarla1 fiexibility an(J lo enable the Charily lo meet rts commilmfrnts as they lall due. Ai 31s1 October 2024 the Charity held Unrestrled reseryes al his cogt of £120.87812023: £109.004). Risk Mana The Trustees have assessed the maJc risks lo which Ih? Chaiity Is expos•S 8ThY are satk5fie¢J thal systems arè Sn place lo mlttyle our exposure to major risks. The Trusloes Mrtor the Perf of Charity's rv$nI wxl exIne the financial markets for other potÈnliaJ inveslments. This report was awovod by Ihe 81rd rl Tntses ri12025 and svJned on its behalt. Mr J. Myatt . Mrs C. Pe& 9 Medway Avenue High Ha15t Rochester Kènt ME3 8TL
H HALsr IEF IN NEED HARITY RECEIPT AND PAYMENT ACCOUNT FOR TH TOBER UNRESTRICTED FUNDS 2024 RECEIPTS INCOME RECEIPTS Rents.. Red D09 Sli)ney D(y4ms Dividends 8ank Deposh Inleresl EDF Energy Wayleaves GROSS INCOME OTHER RECEIPTS Insurance- Red Dog Inn Licence - Red Dog Inn Granl Relumed 24.gW.96 100.00 17.697.49 120.75 68.57 24,999.96 1(X).00 17.316.53 227.56 68.57 42.986.n 42.712.62 2,554.47 180.00 210.lyj 2.349.47 180.00 TOTAL RECEIPTS 45.931.24 45,242.09 PA CHARITABLE ACTIVITY DIRECT EXPENOITURE DistrTbulion$ for Reh'el in N6e¢t: To IrKIivbduals Church Graveyard CloanlrKJ Hrgh Halslow Pnmary School High Hal9W PCC 19.914.80 1,808.10 176. 3.263.40 53.830.03 1,565.35 5CI)o.00 400.00 25.162.30 60.795.38 OTHER EXPENDITURE Salary of Cleth and Treawrer Licence - Red 009 Inn InSUran- Red Dog Inn Electrical Inspectson- Red Oog Inn Legal and Professional Fees Independent Examincrfs Fee Postage and Sl8tronery Compuler Equipmonl and Softw¥e 1.925.(Kl 180.00 2.554.47 530.00 2.850.¢XI 1,032.IX> 27157 2.140.00 180.00 2,349.47 2.920.00 60.89 626.36 9.344.04 9.260.72 TOTAL PAYMENTS LOAN REPAYMENTS FROM HIGH HALsfow RECREATIONAL HALL NEf 8ANK RECEIPTS IPA YMENTS) FOR THE YE4R CASH AT BANK AND IN HAND AT 31ST OCTOBER 2023 CASH AT BANK AND IN HAND AT 31 ST OCTOBER 2024 (34.506.34) 2.922.50 (70.056.10) 5,010.00 14,347.40 12.399.83 119,804.011 32.203.84 26.747.23 12.399.83
IEF IN NEED CHARrrY STATEMENT OF ASSETS AND LIABIUTIES AT 31ST OCTOBER 2024 2023 Fl ED ASSE[ Compul&r Equipment- Cosi Less.. Dopreck4tK 626.36 (156.59} 1313.181 TOTAL FIXED ASSETS 313.18 469.7T MON ARY 8ank Current AcCnI Ba Dewsll Accourrt 17.539.92 9.207.31 6.23S.77 6,164.06 TOTAL CASH 26.747.23 12,399.83 Loan lo High Hal0 Reueational Hall Other Oeblofs 2,822.50 TOTAL DEBTORS 2,822.$0 NVE NT The Chaty owns the fol freehokj wopwties which were bequoathed by John Cr(Nnp ty W41 daled 8th Awll 1716. Land and buddiry knwn as The Red Dog Inn Land c¢trInIng aues krnwn as Stomy Both freeholds are nwintained in good CClI10n and are hekl as inveslmenl wopth1ie5 to Income lor the aclivllies of the Chanty. A revaluation of propert*4 lo ihe currenl mafkel values lor accounling purposes has not been Carrd out a5 the Tntslees are of the ownK)n that the cost would outsyewh any to Ihe Charity. The value ol The Red Dog Inn f¢y insurance purFoses on 3151 October 2024 was £1,075.000. The Charity tdds lorla lemi Investnkn T hi51orica cosl ol the irNestmeftts their markel value on 31$1 October 2024 was as folow5: 2(r24 Hislor Htslorlcal M&G Chanlund Units BLK Chtio$ VK Bond Fund 67,Q44.98 26.99324 305.53 278.820.33 32.308.17 385.86 67.044.98 26,993.24 305.53 259.325. 31.625.60 375.24 94.343.75 311,514.36 94.343.75 297.326.74
HI TOWR IN NEED CHARITY STATEMENT OF ASSETS AND LIABIUTTES AT 31 ST OCTOBER 2024 LIABI Independont Exanwnerfs Fee 1,056.00 1.032.00 1.056.00 1.032.00 Approved by Ihe 8oard ol Twsle8s on 1P Awil J)25 and ils behatt ty. Mr . Myau TRUSTEES e. f. P&&t, Mrs C. Peek The rK>tes M page 7 fonn pwt of these accknunt&
NOTES TO THE ACCOUKtS FOR TrIE Y ENDED 31ST OCTOBER 2024 AC NTIN POLICIE These ac()>Jnis comtsne tt)e CoUnts of all fuThts whith are governed by the terrns of the Prinupal Tnjsl Oeed dated 3rd August 1981. Ic3elhor wish the xc(MJnts of charity formety known as Emmeline Pye lor 81ankets lor the PCMY. b> These a¢¢wnts have bgen preparj on a receipts and payments l)asis inthJd8 Income and expenditijre as cash is received or paNJ. These xcounts have been prepargd in a¢¢or(lanee with Ihe Charities Ad and d)e Revised Slatement ol Recommen PrattKe 2008 AccwniI & ReFxllr by Charfves. STM NT INCOM ijvidends ore txedrted lo Ihè rec4iPts paYThl$ a¢o4ml when are received. M&G Charilund Units 8LK Charities UK Bond Fund M&G Chant*Jnd Uni15 16.316.09 1,365.12 16.28 15.938.84 1.365.12 12.57 17.697.49 17,316.53
INDEPEND NT EXAMINER'S REPORT TO TH W RELIEF IN N TEES HI I report lo the Trustees on my examinatKffi of the of H3h Hatc Rekel in Need Charity for the year ered 31st Oclober 2024 set out on pages 4 lo 7. and IsolR requirements ol the Chariites Acl 2011 ('the Act'l. I roport In rospecl of my 8xaminatMX of the T. ¥¢owts can51 (Art under Section 145 ofthe 2011 Act ar¥J in carrying out my examinatThi I have k0%d all the apF4Kable Lh'rocboThs given by Ihe Charrty Comm15S undèr Soclh)n 145(5Xb) ol the 2011 A¢L nl I have completed my gxamination. l eonfirni that material matters have ¢¢An8 to my altention In connactk ¥Mlh the examination gNW me cause lo believe that In any mefial respecL 11> a¢0nng rec(xds were rh)t kept 41 respect ol the Chwlty as reqLveO by S8ctMin 130 of t1 Act., or the do nol accayd wth rectyds: c {3) Iheaccounts do mplY th the8pp18b wuiremwts c¢ywMrKJ the fomi and conlenl ofa(xrMJnls set out in ihe Charities {AccnIS and Reports) Regulalions 21J)8 other Ihan any requirement that Ihè attnIS give 8 'true and fair vith¥' whic* is rKA a mattw considered as part of an MKlependent examinati(. I hav8 r¥J 8rKi have across no olhèr matters in ¢10n with the examination lo whith attenlron shoukl te drawn In this rep in order lo enable a proper understanding of the accc¥Jnts lo be reached. W. Wtxxl BA FCA Ace5ys Accountants Imethvay) Ltd Chartered Account8nts F39 Innovation Centrc Me Chatham Kenl ME5 9FD 15th April 2025