Charlty No. 268999 ST. STEPHENS COThAGES RUMBURGH TRUST RECEIPTS AND PAYMENTS ACCOUNTS AND STATEMENT OF ASSETS AND UABIUTIES FOR THE YEAR TO S APRIL 2025 ST. STEPHENS COTTAGES RUMBURGH TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR TO 5 APRIL 2025 Contents Page Annual report Legal and adminislralive 1nfomial￿)n Independent examiners report Statement of assets and li**ilrties Receipts and payments account Notes to the financial statements 10 Trustees. Annual Report for the period Per￿1 start date Day Month 06 PerK)d end date Day To 05 Year ZD24 Year 2025 From Apnl Section A Reference and administration details Charlty name St Stephens Cottages RumtKJrgh Trust Other names charity is known by Registered charity nurnber lif any) 268999 Charty's principal address 16 Broad Str&t Bungay Suffolk Postcode NR35 1EN Names of the charity trustees who manage the charity Datos actsd rf notfor ¥*thole Truste• name Office lif any) Narne of person lor bodyl entitled toa olnt trustee ilan David J Sprake John E Flatt 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for the chaiyty. rf any, (for exampbe, any custodian trustees) Name Dates acted if not for whole ear TAR April 2009 Names and addresses of advisers Ioptlonal Infomiation e of advlser Name Address Name of chief executlve or names of senlor staff members Ioptional Inforniationl Section B Structure, overnance and mana ement Description of the charity's tntsts Type of goveming document leg IrLisI deed, conslilulionl 11 of Blanch Mildred Percival Gosden How the charity is constituted leg Iriisl. association. Company) By clause 8 ofthe above will Trustee selection methods leg appoinle(S by. elected by) By existing trustees in accordan￿ with dause 9 of the above will Addltlonal governance issues (Optional infomiation) You may choose to include additional infomiation, where relevant. about.. policies and procedures adopted for the induction and training of trustees- the charity's organisational structure and any wider network with which the chartty works", relationship wrth any related parties., trustees, conshleration of major risks and the system and procedures to manage them. Section C Ob'ectives and activities After providing for the maintenance of Sl Stephens Cottages. any surplus should be used towards repairing. fijmishing and equipping ihe churches of Rumburgh Abbey and St Mi¢h*l, Soulh Elmham. Summary of the objects of the charity set out in its governing document TAR Aprll 2009 The trustees maintain and upgrade the cottages on the recommendations of the managing agents. Surplus income is used to assist in the maintenance of the Abbey and Sl Michaels and repair or upgrading the buildings. The Trustees have given due consKleration to general guKJance published by the charity commission relating to public I￿nefit. Summary of the main activities undertaken for the public benefit in relation to these objects (include within thls section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commlsslon on public beneflt) Addltlonal details of objectives and activities {Optional information) You may choose lo include further statements, where relevant, about.. policy on granlmaking., policy programme related investment.. contribulion made by volunteers. TAR Aprll 2009 .Section D Achievements and performance Grants to Rumburgh for grass cuth.ng and general Maintenan￿ With￿ the churchyard. Summary ofthe main achlevements of the charity during the year Cotta General repairs and maintenance to all cottages. TAR April 2009 ,Section E Financial review The Trustees are mindfijl of their oblNJations to maintain Sl Stephens Cottages which are the main generators of income for the Trust and which are gtven priortty in Consequen￿$. The cottages are inspected on an annual basis foll0v￿ng vthich a report is made to the Truslees with recommendations as to what repairs or improvements are requir￿ in the short lem. the medium temi and the longer term. This enables the Trustees to build up reserves in advan￿ to cover any more major ex ndrture r uired on the rties. Brief statement of the charity's policy on reserves Details of any funds materially in deficit NIA Further financial review details (Optional infomiatlon) You may Choose to include additional infomiation, whe relevant about.. the charity's principal sources of funds (including any fundraisingl- how expenditure has supported the key objectives of the charity- investment policy and objectives including any ethical investment policy adopted. Section F Other optional information Section G Declaration The trustees declare that they have approved the trustees. report above. Signed on behalf of the charity's trustees Slgnature(s) Full name(sl David John Sprake John Emest latt Position (eg Secretary. Chair, etc) Trustee Trustee Date TAR April 2009 ST. STEPHENS COTTAGES RUMBURGH TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees: D J Sprake JFktt Bankers: Barclays Bank PLC 12 Broad Street Bungay Suffolk NR35 1EW COIF Charity Funds 80 Cheapside London EC2V 6DZ Solicitors: Sprake and Kinsgty Solicitors 16 Broad Street Bung8y Suffolk NR35 1EN Independent examiner. G Kerttham Larking Gowen LLP Faiers House Gilray Road Diss Norfolk IP22 4WR Independent E)ramlner's Report to the trustees of the St Stephens Q•ttsges Rumburyh Tn￿t I report to the trustees on my examination of the accounts of the Twst for the year ended 5 April 2025. Responstbilities and basis of report As the charity trustees of the Tnjst you are resrx)nsible for the preparatiC￿ of the accounts in accordance with the ￿qUirements of the ChaTities Act 2011 rthe ACVI. I report in respect of my examination of the TTusYs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have foll0v￿d all the applicable Direttions given by the Charity Commission under section 145lSllb) of thè ACL Indep¢ndÈnt examiner's statement I have completed my examination. I confim) that no material matters have con* to my attention in connection with the examination giwng me cause to bdieve that in any material respect accounting records were not kept in respect of the Trust as required by section 130 of the ACL or 2. the accounts do not accord with those re(ords. I have no concerns and have come across no other matters in coTrnertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. G Kerkham FCA DCh4 Larking Gowen LLP Chartered Accountants Diss Date. 15 April 2026 ST. STEPHENS COTTAGES RUMBURGH TRUST STATEMETr￿ OF ASSETS AND UABIUTIES AS AT S APRIL 2025 2025 2024 Fixed assets Fixed assets Investments 103.IKNJ 70.737 lo3,￿0 71,749 173.737 174,749 Current assets Cash at bank Rent held by agent 86.713 5.605 56,873 550 92.318 57,423 Current Ilabllltlgs Creditors and accruals 9,312 1,752 Net current assets 83.006 55,671 Net assets 2￿.743 230,420 Funds of the Charity Pemianenl Endowment fund Unrestricted funds 143,148 113.595 143,587 86,833 256,743 230,420 Signed D J Spfake J Flatt Dale On behaK of the board of trustees ST. STEPHENS COTTAGES RUMBURGH TRUST RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR TO 5 APRIL 2025 2025 2024 Receipts Incoming resources from charltable activities Rents- Sl Stephens Cottages 39.395 43.744 Investm8nt income Dividends from UK Companies & Treasury Strxk Bank interest 2.181 2.096 826 Total Receipts 42,376 46,666 Payments Charitable activities Agents commission Repairs and maintenan Insuran Council tsx and utilities 4.757 4,926 5,215 5.632 918 267 10,727 11.498 Management and administration of the Charlty Independent examiners fee AdminislratDn fee5 852 2,409 852 2.409 Other expenses Payments lo.. Rumburgh Church PCC Sl Michael's Church 957 1,368 957 1.368 Total paymonts 12,536 15,275 Net cash movement for the year 29.840 31,391 Bank balances at 6 April 2025 56,873 25.482 Bank balances at S April 2026 86.713 56,873 ST. STEPHENS COTTAGES RUMBURGH TRUST NOTES TO THE FINANCIAL sTATEME1￿s FOR THE YEAR TO 5 APRIL 2025 Taxation The charity is eligible to claim rel￿f$ from Income Tax utxler SectK)ns 52110 536 ITA 2007. Consequently there is no taXat￿n charge for the year12022 Nil.) Fixed Assets Land and buildings al cost.. At 5 April 2025 and 6 April 2024 103.000 The properties were Profess￿al￿ valued in August 2015 and had 8 martet value of £840.OLK). Fixed Assets Invoslments Listed investments: Carrying value al 6 April 2024 lat market value) Add.. Net gainlloss ￿ reValuat￿n 71,749 11.0121 Carrying value at 5 April 2025 lat market value) 70,737 Related party tran$actions Adminislralion charges and legal fees totalling £Nrl12024 - £2,409) were paid to Sprake and Kingsley Solicitors, of which D J Sprake, 8 trustee of the Rumburgh Trust, is a partner. 10