REGISTERED CHAR11Y NUMBER: 2623 REPORT OF THE TRUSTEES AND UIIAUDrrED FINANCIAL STATEMEtfrs FOR THE YEAR ENDED 310ECEPIBER 2024 FOR THE ALDERMAsfoN CHARrrY UndeThvood Barron +1ts8ociales Umit•d TIA Casson BeckmBn Sharfield House MuMoTds Hill Tadley Hampshire RG26 3JE ThE ALDERMASTON CHARITY COIITEirfs OF THE FINAMCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEAIBER 2024 R•port ofthè Tru•to 1 to 2 Indep•nd•nt Ex•mln•rfs R•port stat¢M￿ of Flnandal Adlvltles B•lonce Sh8•t Noto8 to th• Flnancl•l Statements 6 to 11 DO￿knd Ststem•nt of Flnanclal A￿¥111•• 12 THE ALDEIIAIASTON CHARITY REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Thg trust898 Presenl thgir rap)rt tho finan(¥al statemgnts of thg ¢harity for the year endèd 31 DacÉmtrAr 2024. The trustees have provlsions of AccountitvJ and ReForwn9 ty Charities: Statenwnt of Rer))mrnendgd Pr•ctice 0)plIca￿e to Charit￿8 preparing their a¢rounts in a￿ord￿ Vlith the Finand81 Reporong Standard ap￿l￿bJtt in Iho UK 8Th1 Rapubk of Ir8land IFRS 102} (thclfve 1 January 20191. On 21 D8CWnter 2001. Tho Charlty C(Nmmission for Ertynd Wath grJntgd o hthtch created a ￿￿01? d>41ity. to be knrwm aB Thè Mdermaston Charity IR8glStered Charity numbw 2623661. from the charftw prewousty Imvm as Thè Ald&miaston Coal Tfust {¢ompFTr¥ing Aldenmaston Rel￿1 In Need Chawity 8nd thè F¥Jel or Plantstionl d ￿der￿a￿lOn Mm8hwses (kn￿ offjci81ty ss Dlxon's Amsh(yJs8s chant￿$>. Tho assot ond lig￿lI118S of Aldermaston AJmsh¢)uses trnnsfened kj the hjdemwston Charity on 21 December2001. OBJECTIVES AND ACTMTIES ObjoctNo8 and aims obJocdsw oftho Charity are wovi5ion of houslThJ acc(wnrnodalion for bur*fiaades and the reltef of per¥(rt aro in n&ed. hardslmp Lydfjstress. 81gnlfic•nt actsvi￿oI At th8 start of thè year. the OV*nod and opèrgte(14 Almshou8e8. of these Almshouses a￿ very small and the trust8eJ do not conglder thet they are of the m¢A sultable svzg and laywt r6sld8nts. based on modem livin9 stsndards. F￿￿l￿g one ot thesè be(x)miryJ vacant. the bustees de(•Yed th8t it would t* benefidal to txmbln• them into one larger prcs)erty. ha¥ing p￿IOuslY a simllar prc¥act W51h hvo similar prO￿rti•S. Thè Imste8s aré a4Yaitlng the outwng of 8 planning appllcatlon and then Énterwj trj comple18 the O￿ve￿I0￿ 88 soon as actkal. A8 a re8uIt the numbaf of prO￿rts operatod by th& chanty 16 expected to r￿lueS to thr98, t*Jt of better qualty aThJ suitsbility ts residents. It Is the trustees intsnticffi to a¢qui￿ a luther propety. of mtyjem cons1nK￿on. as when 8 gJlt8bl& property Is availablg. ihe nwnbgr of 8v•ilabl• prop•rtles back to four. Publk b••MIIt Th8 iTUStees have gwen due tr)n￿der￿On to the Charity ConvnIssknn￿ publlshed gUKyan￿ of th$ op8raUon rl the PuLlic Ba￿￿1 r6qulrement and ¥m $8bsffad Ihat tho actsvilEes ofthè Charity undertaken thrin9 th8 ￿r mèet the PulAic Benefil test FINANCIAL REVIEW Flnanclal posltlon The re8uMs for th• ￿araTe set out in ts slat￿￿nt 0lfmanc4al aclNitiB$. Incom8 increased to £84,528 (2023.. 24,0831 due ts an Inc*88se In 5nterest Income on dgposlts and additional InrA)me from renL ExFenditU￿ decreased to £17,344 12023: £30.5171 due to a redueiirAI In Fyopety rnaintenanr* *xisls. Re8•rve8 pofi¢y Chgrity Commisslon (￿l￿ance defines fr88 reseNes as incom8. wh￿￿ b8ccKnes available lo th8 and 16 to b expended at Ihe Intste¢s' dlscretion ￿ fiJthgr8nc• of the Charitys objects, but is sptsnL commI￿a or design8ted. The Charity has Iree r9S8rv8s of £1,771,57712023 - £1.704.3941, Restr¢led fijnds of £44.96712023 - £43,995) and Endtr•m)ent funds of£87,36212023- 84.7771 at the bai¥nLw $ho8t date. This Is consklered by fho truslees as sufflcient to cJ)vor g¥kwct•d expeThYiluro in thè shtsrtto me(lium term. 8TRUCTURE. GOVERIIANCE AND MAMAGEMEpir Gov•rning document The charity ￿￿ts￿lIa￿ by its goveminy dc roportlo th• tru•tw of Th• AId•M￿St0rt Charlty I report to the charty tnjstsgs on my eyArninatKJn of tho a¢wnts of The Ald8rm&8ton (the TTUStI for tho year 0ftd￿ 31 Dacembor 2024. R••Pty￿lb1Itti•S and b•810 of rnport As the th8rity trus* of the Tnjst you are Te4)onsiblg for p￿aration of the ac1)x￿ts In actrAance lhith tho raquiroments tsllhe Chorth5 Act2011 (Ihe Adl. l ￿port in rèspèct of my examlnatm Trusvs accounts cathad ¢xrt uTrJeT Sgctlon 145 ofthe Act and in carrying airt my examinati￿ I have follttw￿ all 8pplitsbl& DIT¢¢IlL￿ gfftn by Ihe Ch8rity C￿nMI$s1on und8r Sec*on 145(5Kbl of Ind•pend•nt •x8mln•rfB •tatsmont I have comwed my examinaknon. l that rn materi?1 matters have come to rny altentm￿ in i¥mnéction vlth the e¥Amlnati¢)n gmng m6 cause to beleve that in #ny matenal resp8cI.' a¢imntsng r6cor {2.5701 CURRE1￿ ASSETS 1.404.985 1?37.802 TOTAL ASSEf8 LESS CURRENT UA8ILrriES 1.￿3,9Cfj 1,833.18 NET ASSETS 1.￿3,￿J8 1.833.166 FUNDS Unrgstrtcted fi￿￿3 Restri¢te11 fvnds Endowrrentfunds 1.rr1,577 44,967 87,362 1.704.394 43,995 84.77T TOTAL FUNDS 1,903.906 1.833,168 ncial statern•nts wero approveil by the Board Of TNstsos and aulhori58d for issue on and were 8iyn•d on il¥ behall by.. ewTnan. E L Dutton- The nots6 ft¥m part ofthose fin8￿1 statements Py5 THE ALI>ERAIASTON CHARITY NOTES TO THE FINANCIAL STATEMENT8 FOR ThE YEAR ENDEO 31 DECEMBER 2024 ACCOU14TING IY)LICIES Basls of prnpwlng the IIMnelo18tatem0nts The fftnancial statemènts of ts th¥rfty, whlcth is 4 put￿10 benefft gnJty under FRS 102, hav• been pr&par8d in accordanc¢ 4wth the Ch8ri1*8 SORP IFRS 102) 'Aecounting 3nd R&porting by Ch￿11*$. Statement of Recommend8d Practico applic#b￿ to thariti•5 preparing th•ir arxounts In acoirdancg vlilh the Finandal Reporling Sland8r(l ￿p￿1¢ab￿ in UK and Rèptsbllc ol IFRS 102) leffedivo 1 January 20191,. Fin8nd81 Roporttng Standard 102 Tr Hnancial Rgporting StsFKl8rd appllc8blè in tho UK and Repubjtc of I￿land, and lh¢ Cheri1￿$ Acl 2011. Thè flnanc4al stslgments ha¥9 been prepared under the historlcal co81 nb"on, wlth Ihè &xception of investm?nts vhlch ar8 Niduded at rnatkèlvalue, •s modff￿1 by ts revalU￿10Th of c•rtrkn assets. ThE SCHEME On 21 Decembor 2￿1. Th& Chwity Comm158ion for England 0fMI Wal95 grantsd a Stherne ￿kh a s￿1918 eharity. to bè known as The Aldgrmaston Charfty. from th8 eharib'es pr8vlously kn(Mn 83 Thè AldeM￿stOn Coal Twst (Comp￿￿ng Atdenn05ton Reliof in Need Charfty and thg Fuel or Flr Planlalti)nl and AJdennaBlon AIMs￿U88S IkTh)vm offie181ty as Dixon5 Almshouses (￿ar1￿.•$I. Thts assets #nd liabillti•s of Ad￿mas￿n Alm8housesvMo Iron8feTrèd to the hjdèmwbjn Chortty on 21 December 2001. Under th8 tem% of Ihe Scheme tt* tnkstse¥ rrnst cgnlwiuè to malnlaln the Extraordinary Repair Fund (ty be usèd for the eytr•ordinary fgpair, improv8meni w rabuildirq of th& homosl. and tha Cy¢li¢al Maintsnanc8 FUTh Ito bg used for ordinary repair and ffl8lntsnar￿0 of the homasl, followi1￿j the trarsfer of Ihese fvnds from Alde￿8310￿ Amshou8bs. ThB INste8s must use the Charitys In￿Me to (lo this and must keep Ihe 8izo of the fvnds under r8vlaw in light of th8 demands rnay b& made uFx>n the ￿nds. With Ihis In mind tr8nsfeTS afa made to these fuThJs in Ilno Wth guKlorKe issuttd by the Nallonal Aswclatim. funds aro in th& ac￿Unts as restiided fund¥. Ineofft• Al irwme ks recognk%ed In thg Statem8nt of Fiti8nckql Ac*vllies onc9 the charity has entiuwnent to the fund$. it is pmbablg thal the inctsme bB recei￿1 ar￿ the amDunt can bè measured relithy. Dcffiatk)ns and legat?es ore a¢tsxnted for*then InLx*me from rent and wvyleaves incltyJe8 iwKome from graziro I1￿1C6S and other s￿rt-telrn f)Xup￿On. Bnd is accounted fvr on an accruals basis. Any amounts r6eel¥ed in advancè are defèrred to match Ihe o(1 *thich tlw relate lo. C¢v￿lbull￿ frryn PJmspefi80ns are accounted fOr￿then recgived. In￿$try￿1 inrthie and intore8t on bank dèposits armmtèd forvkn¥n recavgd. Expgndlturn Ll8bilitles arè rewiw as wendtsfe as as therg 48 a *81 or con8truthe obllgatknn ¢ornmitbng the ch•￿ty to thai ¢xpendlture. It is probable th81 a transfer of econom￿ bgnofits w*ll be ￿quIlad in Sett￿ment and the arnount of th& obligatkjn can b$ m6asur8d reliably. Expenditufe 18 •¢&)unled for on 8n accruals bèsL$ and has been dassified undeT 1wtl1￿> that aggrogato all wst relalod to the categlyy. Where wsts carnot be dIT￿Y athibuted kn PaFticJJ* htradings th&y havg t*en allocated kn a(al￿tieS on 8 basis consthrt with Ihè use 1)rovffjV￿ of hcwing cos18 ¢*nsist8 of fepaw& rnlntenan¢* aTrd Trfvrbishm8nt of hrrtoirwJ pmmdgd. pptht costs (*mtMi8a costs intJJffed dirgdty In th8fijrtheran￿ ofthè Chaiivs oblects. Where the?8 can be Klenlffied as dtrgcljy altributable to one class Ot th8rflab￿ &iMty th&y hove teen aMcthÈd os S￿h. GDveman(* o)sts are the c05ts assocÉ8ted th the tsxwomanc8 arr8ngemerts ofthe Charity Wh￿ ￿l81é to the g￿eT￿l runnlng rrf ttte cl￿rffy as oppwd to those costs 8S80ciaW with furKlralslng or charitsbt? Th038 wsis aTg S(Aely gxtemal indèpendent e¥amkn8fS fo88 due to th8 Charity belng run AThJ m¥ngged by trust￿ wfK> glve thair ts.mg voluntarily. T•x•tlon thanty ￿ 0%￿mptfroM tsx on Its ¢harft￿e actw116& Fund 4¢countlno Lknrbslrfcted fvnds can bg used In accordance wrth the GtsriWJl8 obi8thvas al the dlscTrtiM ofthe trLLStee8. Reslrf¢ted fijnds ￿ only bfy used for part*%l8r regtrKtsd pu{pos￿ th& objects of the charity. Reslthnts arlse when specifièd by thè d￿or or fvnds are raisad for part￿ul•T reslrtcled purposes. Further exP￿d￿0n ￿tha netura and purpose of eath I￿lj 18 indudèd In th& notes to tho financ￿ s1#teM￿lS. Pa9• 6 0nt4nL￿d... ThE ALDERIIASTON CHARITY MOTE8 TO THE FINANCL4L 8TATEMENT8. ¢oNllnu FOR THE YEAR ENDED 31 DECEMBER 2024 VESTMENT INCOME 31.12.24 31.12.23 Investment Inc￿Me Comperoation recelved Deposlt accojnt interest 3,263 3.909 53.920 3.218 61,092 TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees, remuneration or othèr benths kn th& y•or 31 Decents 2024 nor for the ￿al fjnd￿ 31 Dèeambèr 2023. Thgro m no trustèes, expenses pald for tho y03r onded 31 2024 rnr fry thg par 31 December 2023. COMPAJIATIVES FOR THE STATEME1￿ OF FINANCIAL ACTMTIES Unrestric￿￿ Re5thLted ETrJovrtTRrt Totsl fun¢Js I￿]dS frjnds COME AND ENfJowMENTS FROM Dc*Bth)ns and18gade8 Charfknbl• •dlvlde• Rent 1&230 15.230 1rt¥6stment Incrme 8.852 8,852 24,083 24.083 PEN￿rUPe ON Charltable a¢tMtles Chariiable Actiwknos 30,517 30,517 Not galns on Inv6stments 9.561 11,091 NET WCOMWIEXPEMDMJR 18,434} 1,530 9.581 4.857 RECONCILLATION OF FUNDS Total fvnts broughtforw¥d 1.710.828 75.216 1.82&S09 TOTAL FUNDS CARRIED FORWARD 1.704.394 1,833,188 contiThJod... ThE ALOERMASTON CHARITY NOTES TO THE FINANCIAL STATEMEKfs. contlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 TANGIBLE FIXED ASSETS L414D Chwlty owns ￿r￿Ultural land comprlslng appro>imatoJy 37 acres sttuatsd at Silchestsr Iload. T8dley. Thts land was b•queathed to ￿ Chartty many years ago and hlsknrfe81ty has Th)t Included as a )Ixed assel 83 required ty Fln8nc6al Re￿rtIng StaThJard No. 15, whi¢h, in ihe5e cireumslance8. wulres an apprOp￿at8 carrying value to bg attri￿ted. The tW5teos have not CA)tsIn￿l a ujrrent Val￿110n ofthe land on the gr0￿d* that the ￿tof vAluatbn outwelgh the bgn8fftto users of thè 8ccy)unts. A portlon of the l&nd was sold in 2022 and based i)n the sdling PTi¢* an Informal v8lualh)n rnuld bo Inf8Thed for thg rgm8inlThJ pNbon of th6 land. H8%Any rèvlempd the situation. the trusie&s believe it is in8pproprlate to use th8 selling of tho part 8ThJ extraFolate itto the remalning par£￿ of18nd 8S the kind rem81ning ￿ 8ubj$ct to slgnific*nt reslridKm on Its Ltse, dug to fts kjcation ￿thIn Iho Detail￿1 Errrtryenoy PFannlng of the Atomk W88pons Establb8hmènt {￿deM￿S1On) aThJ hence tt WJLthJ be qulte drfficult lo flnd 3 t>u>w for this land. Oue to INS Ihe Iw8taos dedd8d to nol value tho ramander of Ihè land and agr¢￿ to ￿Ing thg vahje Into attounts Iwn and il the land Is sdd. FREEHOLD PROPERTY USED AS ALMSHOUSES. The Ch8rtty tour freehojd proportles whith ron only be uwl as 8lm$houses for thg 8ccornm0d8l1c￿ of resldents in fvrtheTon￿ of the Charitys objec11￿. The dmshouw we conslrnctfd in th8 18th century arffl there Is no rgeord of th& orvJin81 cosL Aft9r BccounJng for the effects of Infiatw. the orvJlnal L¥J¥t kg deemed to bg eff0¢￿.￿lY zero. In vi6w of thi8 no value atthwed lo them in the financial ststements and aC￿)rdInglY. rK+ deprery8tson Is (*aryg<1. 1$ the waclicti to mlntsii Ihw a880ts th a i)Jnllnud stale of Sound repgii and lo mak& improvÈmtnts thereto Umg to lim&. Accordin4y the lJuBtees t￿￿Or that the valuè k not imP8wed by Ihg passage of time. FIXED A&W INVEsfMENTS un￿StP￿S kn￿lments MARKETVALUE At 1 January 2024 Rgvaluatlons 128,547 3.557 Al 31 Dacèmber 2024 132.104 NET BOOK VALUE At 31 Dacamter 2024 132.104 A¢ 31 DecarrtJ*r 2023 128,547 Cost or valualth a1311)ecemb8r 21Y24 ffj represent￿ br. U￿18￿a VJlualSon In 2024 CrAt 3.55f 128,547 132,104 Pag8 8 conllnued... ThE ALoERM￿T0N CHARrri NOTES TO THE FINANCIAL STATEMENTS-¢onlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 DEBTORS: AMOUIITS FALUNG DUE ONE YEAR 31.12.24 31.12.23 Pr8paym•nts 571 CRED￿ORS. AMOUNTS FALLING DUE bllTHW ONE YEAR 31.12.24 31.12.23 Olhgrcr8dilors 1570 2.570 ANALYSIS OF NET ASSETS BEIWEEN FUNDS 31.12.24 Tolal fvnd¥ 31.12.23 Total fvnds funds fijnds fund 366.817 366.817 132,104 1,407,555 (2.570) 366,817 128,547 1,340,372 {2,5701 Investments Currgnl a5$9ts Current ￿abil[￿eS 15,090 29.877 117,014 129,652) 1.407.330 12.5701 1,771.577 44,967 87,3&2 1.903,906 1.833.166 10. OVEMENT IN FUNDS N&1 r￿Vern￿nt in ffiJnds At1.1.24 31.12.24 Unrestrlct•d funds General fund 1.704.394 87.183 1.771.577 972 44.967 Endowm¢ntfvnd• Endowment Fund 2.585 87.362 1,833.166 70,740 1,903.S¥J6 Net movoment In funds. indudo(l in are as follows: In¢thniYvJ R&sourr*s reBources wpended Gains and In fund$ Unrn8lricted fund futy 84.527 (17,344) 67,183 RMtri¢t•d fvnd• 971 972 Endovmwnt furvJ• Endowmènt Fund TOTAL FUNDS 84.528 117.3441 70.740 Pap9 continued... THE ALDERPAASTON CHARITY NOTES TO THE FINANCIAL STATEMENTS- ctsntln￿d FOR THE YEAR ENDEO 31 DECEIABER 2024 10. MOVEPJENT IN FUNDS-¢ontlnuod Comparat1¥￿ fow movwn•rt in lunth movement rn (unds At1.123 31.12.23 Um¥tri¢t•d lund Ganwd fund 1,710,828 16,4341 1,704,394 Resblcted FUNI 42.465 1.530 43,995 EndO￿n•Dt1￿ndS Endowent Fund 75.216 9,561 84,777 TOTAL FUNDS 1.828.509 4,657 1.833,166 Comparative ngt mgvemgnl in funds, Ind￿ In tho above ara as toltlM8: IncLxmiThJ Resour Gains and 1055es ment in ftjnds Unmtrfct•d funds Goneral fuThJ 24,083 {30.517) 11434) R•5trl¢¢•d fvnd6 Endt)wm•nt fund8 Endownenl Fund 9.581 9,561 TOTAL FUNDS 130.517} 11,091 4.657 A rJJrrent 12 months ￿ priN yw 12 morths comf)kngd Is as foUow5: At 1.1.23 In lunds 31.1224 Urff•stsletsd fund• Ggneral 1.710.828 PAJ.749 1.771,5TT RoJblct•d funds Rg8b5¢ted FurKI 42,485 44.967 Endtr*m•nt funth ENIow7th Fund 75,216 12.146 TOTAL FUNDS 1.828.509 75,397 1.903.906 Pw10 o)ntknu¢d... NOTE8 TO THE FINW4CIAL STATE*IENfJ- cothlnu•d FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS-¢ontlnu•d A cuThent yY8r 12 rrKfftthB 8NI pmr 12 rN)nth$ ojmbinod net movement kn funds, Inc1￿18d In atove ara as follo￿. Incoming Resourcos oynded GaiDB 8Th1 V8mènt In fvnd8 Unrn¥tiict•d funds G￿￿ra1 fund 108.610 147.8611 80.74 R•&trf¢t￿ fvnd$ Restrfct&1 FuThJ 2.502 End0Wrr￿n1 Fund 12,146 12.146 TOTAL FUNDS 108.611 Id7,861} 14,647 75.397 11. RELATED PARTY DISCLOSURES There Y*re no related party tranwtions for Ihe yeartnded 31 De¢wnb¢r 2024. Page 11 DETAILED 3TATE&IENT OF FINANCIALAcnvmES FOR TNE YEAR ENDED 31 DECEMBER 2024 31.12.24 31.1223 INCOME AND ENOOWUEMTS Donatiom •nd l•yd Gifts tment Incom• 3,283 3218 ccryenSati￿ received Depmlt 8￿nI Intsr88t 53.920 5.634 61,092 8,852 CIMrltablo acUvlll•• Amhouw Rent Rent and wa￿￿a¥a 20.774 2.662 12.%0 2270 15,f30 Totsl Incomlng r••ourc 84,528 24.083 EXPENDfTURE ChJril•blo athltl•• 8p6cial grants RefiJrbishm•nt atyj alleraticns 4,531 18.144 19,$38 M#nag•m•nt Fiates and water svran Light and heat Totephono Sundiies 1.234 2.158 1.373 1.265 263 58 7.800 8.043 Flrnn kK19P9ndgnt gxaminatwjn fo8 3,240 2,936 Total reswrces eynd&l 17,344 30.517 N•t Incom￿1•Xp•￿d￿tUfej bth>re galn• and 67.184 16.4341 Roall8•d r•cognls•d 9akns and10ty8•• Realised gain8l1los￿sI M fwt ass•t Investments 3,556 11,091 Not In¢om• 70,740 4,657 Th1$ poge does rntfum pwiofthe stèttttoryfinahclal stthmonts PwJe 12