Davle5 Trust Ch8rfty number254526 Accountstorthe year ended 31 December2024 2024 2023 INCOME Rent Interest Sale of propety 1.455 23 0.000 Totsl 130,023 DISTrIBiJTION 2.170 COSTS Legal fees Prof8sskJnal tees 3,853 Total 3,180 7.973 NetSUrPs of Income ¢)ver expendlture .050 8alance broughtfornard Balance carrledfowrd 122.116 0.390 122,115,57 TRUSTEE ACCOUNTANT
Independent Examinerfs report to the tru5tee5 of the Charity of the Reverend James Davies I report on the accounts of the Charity of the Reverend James Davies for the year ended 31 December 2024. which are Set out on the attached sheet. Respective Te5ponsibilities of the trustees and the examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It Is my responsibility to Examine the accounts under sertion 145 of the 2011 Act To follow procedures laid down in the general directions given by the Charities Commi55ioner5 under section 1451511bl of the 1993 Act, and To state whether porti¢ular matters have come to my attention. Basis of Independent Examlnerfs report My examination was carried out in accordance with the general directions given by the Charities Commission. An examination Includes a review of the accountin8 records kept by the charity and a comparison of the accounts presented to those records. It also includes consideration of any unusual items or disclosures in those accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion 15 Biven as to whether the accounts present a "true and fair view" and the report is limited to those matter5 set out in the Statement below. Independent Examlnerfs staternent In connection with my examination, no matter has come to my attention 111 Which gives me reasonable cause to believe that in any material respect the requirements.. To keep accounting records in accordance with section 130 of the 2011 Act,. and To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; 121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Elizab th Klingaman The Old Rectory, Worlington, Bury St Edmunds IP28 8RU 10 September 2025
Chairman's 2024 Annual re ort for the Charit of Reverend James Davies. My annual report reflects much of the thinking of the Trusties as we transitioned to Charity into a new "adventure! During the year of 2024 much was discussed: The trustees were presented with a proposed Constitution for discussion during this period. It was decided to remain as w are at present using our long- term status as Church Trust We now have a bank account with Lloyds {Current) where funds deposited for regular access to funds for operation could be accessed. Other funds from the CCLI account which we have closed, (some £86k being the balance) from the sale of land would be deposited into Cambridge Building Society for 1-2 years. Note: (the maxlmum that can be is a Buildlng Soclety so that amount would be invested 1-2 years. !) After discussion it was decided "The Trust" (Trustees) would continue to operate as has been the case, in the past, dealing with distribution to singles, doubles and selected homes/circumstances where we could confirm there was a benefit to assist as the Davies Charity has done for a number of years. It was muted that we should do some meaningful investigation and seek advice of reaching out to assist those in real need those with health as well as disability. This being achieved wlth care. (As noted previously.) As usual we would place a carefully worded advert in the Barton Miller inviting applications as in previous years. We will also initiate some investigation as to where we, as a Trust, can be of meaningful help in agreed circumstances. As in past years the amount to be distributed will be discussed prior to December by the Trustees. As Trustees we look forward to the future years {hopefully as long as the pastl) Watch This space... so they say. Warm regards to all as we approach Christmas and a New Year of adventure and expectation. Dave Traher. Chairman.