BAIRD MEMORIAL HOMES
IiEPORT AND FINANCIAL STATEMENTS
ST
YEAR ENDED 31 DECEMBER 2024
CHAIUTY REGISTRATION NUMBER 278020

BAIRD MEMORIAL HOMES
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED315T DE
BER 2024
CONTENTS
PACE
Offi¢er5 & Profession81 Advis¢TS
Trustees. Annual Report
Independent Examiner5 Report lo th¢ MembeT5
Slai¢meni of Financial Aetiviiies-
Statement of FinanGial Position
Note5 to the Financial Sia(emenis
7- 15

BAIRD MEMORIAL HOMES
OFFICERS & PROFESSIONAL ADVISERS
BOARD ofTRUSTEES
MANAGEMEIYTCOMMITTEE
MEMBERS
Revd. C. LIMBLR'r
MR G NI-.WBY
MR C WARD (resigned 30101124}
MR C GOMNE
Revd. L.N'I'URNER
MRS K CARROLL
MRS JACQUELINE ANDERSON
MS 14ELLN ri.OYD
MR J014N MACRORY15ince 30101124}
R¢vd. C. LIMBERT- C14AIRMAN
MRS K CARROLL- SECRLI'ARY
MR G NEWBY-1'RI.:ASIJRER
REGISTERED OFVICE
THE VICARGE
No.. l TI.IE GREEN
S()UTHGA"fE
LONDON
N14 7EG
INDEPENDENT
EXAMINERS
ANI-HONY cRofT EZEKTEL LTD
343 CITY ROAD
LONDON
ECIV ILR
BANKERS
BARCLAYS BANK
18124 CI IASb SIDE
SOU'I'I.IGATE
N145PB
SOLICITORS
SEDDONS SOLICITORS
LONDON
EN5 IPW

BAIRD MEMORIAL HOM&S
TRUS'I'EES ANNUAL REPORT
YEAR ENDED315T DECEMBER 2024
The following served as Tru51tt5 dui'ing the yeai. 10 31 Deeember 2024..
Revd. C. Limbcrt IchaiiThan}
Mt3 C Canvll ISeLreiaiy}
Mr G Ncwby {Trea5uirrl
Mr C Ward {v¢signed 31101124)
Revd E N I'urner
Mr Clive Gomne
Mr5 Jacqueline Anderson
Ms Helen Floyd
Mr John Ma¢i'ory {$ince 30101124}
The Tru51¢¢s have pleasurL in pre8enting iheir rcport together with the independently examined financial
slalemen15 for the yefir ended 31 Dec¢mbti' 2024.
POLICY
The general staiemen¢ of poli¢y concejning the opeizlion of Baird Memorial Homes is ¢onlained in our 8oveming
instrument whiGh is the Orrfer of ilie Clirtrfty CotrKiii1.Islo￿trs[0r Eiigloiiil ftiifl Wftles duied 3 Februaiy 1981.
Baird Memorial Homes is a long eslablishcd and unincoryurilted ¢hai'ilyy whi¢h was subsequcntly registered with
the Housing CorpoTalion a5 a Regi51ered Soelftl Lftiidlor¢l during 1984 in order lo obiain grant aid funding for
building works. The Association de-Irgi51ered with the trIou5ing CoTporatiun on the 18 Novcmber 20U8. from
whieh date the Charity was no longer responsible for opei?iing its ac¢ivitie8 in accordance wiih the Housing Act.
MANACEMENT
The Management of Baird Memorial Hom&8 18 vested in a Board of Trustecs the Vicats of Chiisi Chur¢h,
Souihgale and of Si AndTeiYs Church, Souihgaie, are ex-officio Trusie&s and oiher Irustees who volunleei. ba5¢d
upon oc¢upation, employment or otherwise h8vinB special knoiyledgc of the eGcle5iasti¢ol areas of ben¢fJl.
PRINCIPAL ACTIVITY
Thc principal activity Irmain5 the managemeni of the seven Alms-houses in Bal8am5 Lane, soUthg￿t- (he Siie
REVIEW OFTHE RESULTS
Thc Association Inadc a surplus of £16,608 for the year compared iviih a surplus of £24,242 in 2023.
The surplus in 2024 was driven by a rangc or raclors. Thc Home5 conlinucd lo be al lull occupancy. This income
fTom residents, plus dividend income allowed the Ti'usiees 10 eoniinue lo inve51 in tllainlaining the piK>perty to a
high Standard. Inve51m¢n15 grew in value by £125,829 with gai115 arr05s oui. diveis¢ wrtlolio.

AIRD MEMOItI￿LN0mEs
Reyliiktsm wovcrnin8 li￿1￿8 AiBoriition5 r¢q￿re Ihe p￿pu4 fin￿¢￿1 roi ￿th
rinin¢ièl yc4rwhi¢h truE4nd b f4ir Y￿W o*'the OlcofifftsSr40fBiird McrnDriiI Hom¢5 ai Ihg ¢ndofth2
rki•nyi•l wrjnd ri¢ in¢omc EAp¢ndiiurLi ofihE Biitd M¢moriil forlhEyeirendEd d￿. In
prtrAfinB thuc Ili¢TrnxcrJ4￿ tr4uiid io..
Makc JUdErm￿l￿nd￿I1l￿￿ PTudeN',
Fd1ow ippl1￿ble Jwlld•rds, Jubjou ¢0 any ￿¢t111 depittyjm dknclo￿d tsRd
fxplwlled inth¢ finwKI•l￿*1cn￿'n
tht lknnciL1 s￿￿￿Ents oJn¢¢t# b￿1* unkns * is iTrllppywJle
Bal￿ MErnL4TiII HrnWilLC￿Iln￿ in0vew￿¢ffj.
Tr Truiku4rt ￿￿lIble for keE￿ll8 rccO￿l whith dit¢kne Wilh r¢¥onAble i¢¢lncy tht
nanEp41 p￿1th)￿ &f Baird M¢morfAI Ho￿￿ bmd w tmblr io emu￿ ihii ihe fiw4n¢iil cornply
iih iht thwlr¢m¢Ns ofi*¢0￿rI￿￿d by ik. Chwily COTnml￿Ollert f¢rEnilind ind WikJthi¢d J FEbr￿ry
1981, th¢ AcrvwNrtnR fvr R¢4lrf¢r*d Stt¢lol Gewer•l IWK Th¢
of&￿oUntln¥ us¢diThpfwiiffl¥th¢ fIn￿n¢111 JlaTem¢nts IS FIS 102 ISORPI.
Theyur¢ •lwr¢JpvMibl¢ fwth¢pK¥ehilDn dclccliworrtlludund•lhcritt¢Aulihiks.
Allihr MinigcnK'nl Uwkofik.third M¢mDri•l IF¢11r￿￿o**V0l￿￿Iryb￿1tsby illofik.Tntht$.
Yhc Site Man#i¢rynda11k¢slili duitsswiihDuI ¥#ltybul With•n4nnyAI hUn￿￿￿Unl orAli pm¥ldEI wnha tcnl-
ftc¢ll41 in Baird M£￿r￿1
INDEPENDENT
A ruolulion lo r&￿r￿￿t Afflthonycfoti E￿.￿iLl LI￿ IndLwdcni ExiNinL'rofihK Lhrily'lr￿￿ullts will
bEpul
Slwdon bE
R¢¥d.C. LknbEn ICh*lTI

IIAIRL) l¥TENII)111,IL FIUMLS
NK
I1STTr.￿.'
SPF.c"fivE RF.SIY)N%IBII.I'l'lkS Ob. I'IIF C.
ITI.
L'ioJninL' IhL' Q¢L*JuniN si¥lii>fJ 145 iil'ihL L'hurii) A¢1
Tl
INDLI¥F.
ATF.)hlTr.N'
to k'&Yp QCLiiiiiiiln8 fLYnrth in ￿l￿￿)radnLl iyith %LLt)iin 13l>of ihL LThoriiiL'5ALI.' on
Iv p￿￿r￿. aLLI)Iinis iYIIiLh ilith IhL' ac￿U￿11nV rL'ioThL%. ￿limpI} iiiih Uio ULwuniin¥ re4uifLYiCIiiS
jf Ihl. C'hwLL% Aei
IhL' iiider&n
AiithoTry l.
AnihDn}
J4J C'l
-IV ILR

BAIIII) MTr:MORIAI, IlQhlTr:S
STATEMENT OTr b INANC.IAI. AC.TIVITIES
I,-OR'I'IIL YLkl
1ST DECEMBLII 2024
REsfRIC7ÉD
FIIND5
NMxsfRJCTD
FIIN
TOTAL2Q14
TOTAL202J
INCOME& EXPLNDITIIRE
STAI'EMbN'I'
Ini¢r¢51 R¢ceivable & IrtVEsimeni
11.984
11,984
Donalion5. Ltgacic5 & Similxr
Intomt furth¢ranee of th¢ 59¢iety'S
objetl$'.
Housing A¢commod81ion Leitin8S
H¢aiin8 Chgrge% Receivable
Sundry ItKOtne
32,924
6.864
32,924
6,864
30.630
6.483
1.593
Total IncomlnE Resources
51.772
51.772
49,883
RESOURCES EXPENDED
Cosl ofd¢iiviiies in funheranc¢
Of Ihe so¢i¢iy's ¢haril4bl¢ objects..
Cyelical R¢pair% lo BuildinBS
Olh¢i GenerDI Repair$ 10 Biiildings
GenEral R¢puirs 10 Fixiur¢s & Filling5
15.836
55,836
7.420
Water Rat¢s
Heat and Lighting
Sile ManagerTcl¢phone Cost5
AdminislTativ¢ and Sundry Costs
Siie Mwi8gei'5 Honoiatium
InsurDnce Cosi$
Building & l)lani Inspc¢iion Fees
Independeni Exainin¢r5 f¢¢s
Ini¢r¢si Payabl¢ & Similar Ch8rg£s
2.261
5,037
947
6,992
1,650
1,365
2261
5.037
947
6,992
1,650
2,284
5,106
876
5,782
1,600
1,493
1.1)80
1,080
1.080
35,164
35,164
25,641
NET INCOMINGI IOIITGOJNCJ)
RESOURCES BCFORF. TRANSFER
16.608
16,608
24242
Revaluation of Invesimenis
125.829
125,829
94,695
Net wov¢monls in funds
Fund Ral4ne¢s 1.1.2024
142,437
,212.349
142,437
1.212,349
118.937
1,093.412
Fund B*lAntt5 As at 31.12.2024
1,354.786
1,354,786
1,212.349
Th¢ ¢nlity h&$ no other reco8nised gains or losses in the y¢ar. All ofit5 op¢ration5 are of a coniinuin8 naiiire.

BAIRDMEMORIAL MOM
8TATEMENTUF FINANCIALPOSITION
FIXED A&SETS
F¢tthold BuiWin#
Iilv¢SlmrNJ
2&.41
I.IMI.4N9
CUIl4ÈNT￿&T9
& PftwmrnL¢
Caih DI Bfinka Mln
IX5,4fi5
IA6J57
170249
L￿1.. CURRENT LIABILITIL8
CrtdliaA= Ank0uiE•hl￿￿I
d￿t￿lhI* Drtt yell
N8TCURRENT ASSETS
i¥sthn
I69￿9
Crndiiofi: Aniou•ts lillnidutan
wyvr
TOTALASSETS LESS
LIABILITIVJ
l J369PI
In**ted hy*
I JJ4,786
Dti5Bnnled Fundy
16
TtsTal Fw
APPROV
YTII
RUST
SICNEDON %ENALP BY..
Htv&e. LIMBERT-CHAIR

BAIRD MEMORIAL HOMES
NOTES TO'fHK AC.C.'OUNTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
I. ACCOUNTINC POLICIES
BASIS OFACCOUNTINC
The financial stalemenis have been pi'epared undei. th¢ historical c051 convention and in accordance with
rRS 102, '1'he S.inancial R¢poiting Siandard appli¢abl¢ in the UK and Republic of Ircland. 'Ihe entity
ITan51tioned fTOtn previou5 UK GAAI> to fRS 102 ISORP) as gt Isl January 2014.
TURNOVER
Tumoirer comprises MAinienan¢e charge income receivable. inve51men( rctuins and othel. sundiy income.
ET
D DEPRE
IATION
Housin
Pr
Freehold housing propeJ1ies reflected in the financial statemen15 at hisloi'ical c051. 'fo dale the buildings
element of Ihe eosl. net of Social housing grants, weit being written off ovei. the expected useful lives of the
buildings of 50 years from the dale of Ihe la51 majoi. Irfui'bi5htn¢nl ivork. Tv dale the wi'ilten down value net
of granis is ai £26,430. The Iruslees acknowledEe that duc lo thc appreciating natUTe of the land and building
element, il would not be fair to carly on dep￿CialIng the building element. The Irus¢¢e will examine the need
to piY)perly rcvalue ihe land and building in the next accounting pcriod.
All properli¢s al'e r¢vi¢wed for impai12nenl annually. and where housing propertie5 have 5uffeitd a permanent
diminution in value. the fall in value is recognised after taking a¢¢ouni of any rela¢¢d capita] grants.
FIXEDASSKT INVESTMENTS AND INVESTMENT INCOME
rixcd asSCI Lnvcslmenls al'e Irflectcd al mai'kct valuation al the ]3alance Sheet da￿. The unrealised 88inlloss
on ihe Irvaluaiion or rixed asset investments is rellecled in the Slaiemenl of othei. CompiEhen5ive Income and
investment income i5 accoun*d foi. on the due date of payment.
SOCIAL HOUSINC GRANT
SHC
Where major d¢velopmen15 or r¢furbishtnent work5 have been financed wholly or partly by SHG, the ¢ost or
the ivoi'k he% been rcduccd by thc amount of Ihc grant rcceivcd. SHG rcceivcd foi. items of c05t writiert off in

Notes to the Accounts 31 December 2024 {coniinuedl
Now thai the Charity ha5 becn de-registcird ivith thc Housing Corporation, SHCI may have to be repaid under
certain conditions such &8 ifthe propLriy is sold. il. anoiher IEl¢vant event iakts pl*e i)r if olher ¢eTiain ¢ot)diiions
are not mei. In these ¢&ses, the SHG can 51ill be u￿d by the charity for othcr major projcct5 approvcd by the
Housing CorpiH?lion.
CAPITALISATION or INTEREST
Interest on the mortgage loan. financing a developmenl ivas capikqlised up lo ihe dale of practical wmplelion or
the schemc. The moi18ag¢ loan was fully paid oly in 2016.
RESERVES FORCYCLICAL REPAIRS AND MAINTENANCE AND EXTRAORDINARY REPAIRS
The IEseives refleci Ihe Associaiion's reswnsibility io mainlain ils piy)perties in accol￿an¢t with a planned
progi?mtne of woiks as piDvidcd by clauses 24 and 25 of ihc Chaiily CoiHnIi$sio￿I'$ Ol'der dated 3 febi'uaiy
1981 and IEvised by Iheir lettei. to the Trusiees daie(117 Februury 1986.
APPORTIONMENT OF MANAGEMENT EXPENSES
Admini5trativc and operatinE costs have been appoiiioned to the relevant se¢tlOll5 of the Inwme and Expenditure
Accouni on the ba515 of lh¢ analystd amounts allj'ibulable.
CASH FLOW
The accounts do noi in¢lude a cash floiv btslttn¢nt because Ihc Association 15 cxcmpt from the requirement to
prepare such a 51alem¢nl undei. Financial Rep011ing Siandard I "C(L¥h Fluiv Siuleipienls"
DEVELOPMENTCOSTS
Only direct costs in IElation io developm¢nt at)d improvetn¢nt wo￿5 air capitali5cd. No adju51men15 have been
made foi. any appoitioned cos15 or allowance5 capilalised in pi'ior years as in the opinion of the A5s0¢iaiion, any
such amoullls aiE likely lo be immaterial in relaiion to oveTall pl￿pertY C051s.
In addition, Ihe expense and lime involved in oiYleJ' to adju￿ for such appoitioned ¢osts or allowan¢¢s ¢apitalised
irt pmious year5 is not thought to bc of any relevant benefit lo the users of the financial statement&

Notes to the Aetounts 31 December 2024 Icontinuedl
2. TURNOVER OPERATINC SURPLUSESI
LOSSES
2024
2023
Turnover
Oy¢i'itlng
Costs
Opei'Atlng
Surplus I
{L055}
Turnover
Operating
Costs
OptrAtlng
Surplus I
{L055)
Income and expendiiure from
lellings Housing
Accommodation
39,788
32,903
6,885
37.113
23,357
13,756
notes 3&4
(MheT expendiiure.. Benefiis 10
IEsidents
Sundry Income
2,261
{2.261}
2,284
{2,284)
1.593
1,593
39,788
35,164
4,624
38,706
25,641
13,065
lrtterest receivable and
inveslmeni income
11,984
Inte￿st payable and similar
char
Surplus ILos51 on ordinary
16,608
24.242
Turnov¢r from Lettings
2024
2023
Mainienantt charges receivable
Less-. rent losses ai'ising from voids
32,924
30.630
32,924
30,630
Heating charge5
6,864
6,483
Turnover from letiings
39.788

Not￿ to the Aeeounts 31 Dtttmbtr 2024 Icontinucdl
PERATING COSTS
AITll5-hou5es in m4nagemenl- 6 unilb12023 6 uniisl.
The ¢harity is liable under its l¢iiing arrangements to accept resrK>nsibility on behalf of the Irsidents for water
IBte5 on each unit lfla¢l.
The in5uran¢e ¢osis for the yeai. include Ihe provision ofiegal liability insurance for the Trust¢e5 in the exeiri5e of
their dutie5.
DIRECTORS, EMOLUMENTS AND EXPENSES
The t)ireclors ai* defincd as the Chairman and member8 ofihe Boaixl of Trustees.
21124
2023
Nonc of Ihc Dircclors irceived any emolumen15
Total expenses reimbursed 10 DiJEciors noi chaiEeable to
United Kingdom income lax
EMPLOYEE INFORMATION
Staff ¢os15 during the yeai.: wages and salaries
Nil
The average weekly number of persons employed by
the Associaiion during ihe year was..
Site Manager
The Trustees have no paid staff but the parl time Site Manager is
employed on th¢ basis orpi￿vIsion of irnl tree accomn)odalion under a
licence airangcmenl and he was given a £1,650 annual honoi?rium.
12023- £1,6001.
INTEREST RECEIVABLE ANDSIMILAR INCOME
2024
2023
Bank ittteresi re¢¢ivable
Inveslment income
3,456
2,966
11.984
io

Notes to th¢ Aeeounts 31 Dtetmbtr 2024 Iconlinuedl
INTEREST PAYABLE AND SIMILAR
HARGES
2024
2023
Interest on the Housing Loans repayable dui'ing the yeai.
8. SURPLUS ON ORDINARY ACTIVITIES BEFORE
TAXATION
The burplus120241 and the surplus120231 on the ordinary acliviiies is
slated aft¢r ¢harging'.
2024
2023
Independent Lxaminei s remunei7lion:
in iheir capa¢iiy os Independent E.xaminei's
1.080
1080
9. TAXATION
No piDvi5ion for UK Taxation has been illade wiihin Ihcse financial slal￿entS a5 the A550Lialion is a registered
charity and is exempt from UK lax for as long as il ¢oniinues to apply its income lo charitable purpose5.
10. FIXED ASSETS-TANGIBLE FIXED ASSETS
Housing
Land and
Buildings
Othei. Fixed
Assets
2024
Total
2023
Total
Cost.. ai beginning ofyear
Additions
Di5posa15
225,824
4,386
230,210
230.210
Al end of year
225,824
4,386
230,210
230.210
1*5s: Soel81 Houslng Grant
Ai begirsning ofyear
8 year
188.591
188.591
188.591
188,591
188,591
188,591

IYot¢$ to the Ateounts 31 December 2024 Iconlinued)
At beginning of y¢aT
Chai'ge lor yeai.
Disposals
10,803
4,386
15.189
15,189
At end of year
10.803
4,386
15.189
15.189
Housing
Land and
Jjuildings
Oiher Fixed
A55¢15
2024
Toidl
2023
Tolal
Net Book Val￿¢
At beginning of year
26.430
26,430
26,430
At ¢nd of yegr
26,430
26.430
26,430
The Trustets have eslimaled that ihe in.%uranc¢ cover calculalion equalcs also to the market value of ihe housing
property at the y¢ai'.end of £1,803.96012023 £1,761,3351. This COtnPAres wilh a cosl lexcludin8 donated land-
see belowl of£225,82412023- £225,824].
The above housing pixiperty ¢osis ¢omprises one compleied firehold scheme consisling of seven alms-house5.
Thc piY)perties are stated at cost and include ihe folloiving..
{a) Cost olacquiring land and building but..
Th¢ land on which Baird Memorial Homes sland ivas donated to the Tru51ees and ha5 not bEen valued
for accounls purpose5', and
The Cost ofihe oi'igittal buildings erecied in 1894 was only £1,230.
Ib) Subsequ¢ni development expendiiure on the propet1y.
(cl
Inteirst charged on the moilgage loan raised lo finance ihe housing dcvelopment scheme.
5 re
oinno
ousing
y Speci
uniil full and final payment of the moiiEaBe ivas paid dui'ing 2016.
oan wa5 secure
Ic c
al'ge5 on I
S50ciat)on 5
ousing property
SOCIAL HOUSING CRANTS ISHGI
2024
2023
Tolal accumulated SHG iY¢eived and Irceivable ai the
Balance Sheet date for capital and revenue expenditure
188.591
188.591

Notes to the Accoun15 31 December 2024 {¢oniinued}
11. FIXED ASSETS INVESTMENT
2024
2023
Ih}Cost'.
Ai bcginning of yeai.
Additions in ye8r
212.498
5,835
205.935
6,563
At end of year
218.333
212,498
blM#rk¢t Valu¢
Al bcginning ot'ycar
Addilions during Ihe year
Increase Idecreasel in market value
1041,489
5,835
119,994
946,794
6.563
88,132
At end of year
1,167.318
1,041,489
12. DEBT
RS
INCLUDING PRE-PAYMENTS
2024
2023
Debtors and prepayments
1.392
1,361
1,392
Notes
Grout In5urance- 12 months
Toial Deblors
1,392
,361
13.
REDITOR
AMO
FALLING DUE WITHIN ONE YEAR 2024
2023
Rent and sei'vice charge received in advance
oihcr creditors and acci'ued expenses
Lending auihoiiiies lor inslalments ol'loan interest el
1,180
1,180
1,180
Note$
Christmas Gifts
Independeni Fxaminers Fees
100
1.080
1.080
1,180
1,180

Note5 to tht Accounts 31 December 2024 Iconlinued)
14. CREDITORS.. AMOUNTS FALLINC DUE AFTLR MORE THAN ONf YEAR
2024
2023
.lousing loan- capital instalmenls due after one year
No¢elS
15. Housif4G LOAN
The h(iu.%ing l<)an fTOTll a previously oivned financial
subsidiary of the Housing Corpoi'alion il'as sccured by
sp¢¢ifi¢ ¢harge$ on the A550ciatlOn'5 housing propertL¢S
and was repayable at a fixed annual ialc of inteiEsl or
10.625¥0.'Fhis was fully paid i)ll' in 2016.
Inslalmenls due within onc year
Inslalmenis due in more ihan one yeoi.
16.
DESI
NATED RESERVES
Cyellt&l MAlnttnanc¢
Reserve
Extraordlniry R¢p#lrs
Reserve
2024
2023
At beginning of year
13,414
11,225
24,639
24.639
Transfers Iiol I from re%ervcs
At the year end
13,414
11.225
24,639
24.639
The D&%ignAted Reserves ha5 bccn set aside tor spe¢iti¢ purposes Ideiails of which can be made available on
requesll, with Ihe Trusiees hdving the power on ihe applicalion of the fund.
(bl INVESTMENT REVALUATION RESERVE
2024
2023
Balan¢e at bcginning of year
Increase {Decrease} in valuation in year
895.246
125,829
800,551
94,695
Balan¢¢ at end of year
1.021.075
895,246
14

Note5 to th¢ At¢ounts 31 December 2024 (continu￿)
17. CAPITALCOMMITMENTS
No Capital commitments were authorised by the'l'ru51ees during ihe year lor in 20231
18. CONTIP4GENT LIABILITIES
In th¢ event of the di5posuI of the Ilaird Memorial Cnllages there is a contingcnt liability to repay granis receÈved
from Ihe Housing Coipoizlion Irlaling lo Ihal piK>peity.
19. CASH AT BANK AND IN HAND
2024
2023
Bank Awount
110,215
99,638
Petty Cash
CCLA Deposit Accountl COIF Charitie5 Deposit I"'und
250
69,000
250
69.000
Totsl Cash in Hand
185.465
168.888
LEGISLATIVE PROVISIONS
The Association 15 an unincorporaled chai'ity as ¢onstiiuied under ils governing instrument which i5 the
order ol. the Choriiy Copiiinissioiiei's foi. Iiigland uiid Ifules daltd 3 febivary 1981.ln 1984, Baird
Memorial Homes a150 registered with Ihe Housing Corporaiion as a Registered Social Landlo1￿.
However, upon an applicaiion being made by the charity, on 18 Novernber 2008 Baird M¢mori>Jl Homes
were de-regi5tered by the Ilousing Corporation and were therefo￿ no longer rcsponsiblc aftcr that date for
the operation of ihe chai'ily in accordance %Yiih Ihe piY)visions of the l-Iou5ing Act.
21.
RELATED PARTY TRAIYSATIONS AND CONTROLLING INTERESTS
The A￿O¢latiOn is ¢onirolled by th¢ Board ot. Tru8lee%. Thc As50CLation ha5 not undertaken any
tran5aclion5 Iviih any member5 of ihe Boaifj of TTU51¢¢s dui'ing the y¢ai'
22. ANALYSIS OF FUNDS
2024
2023
DeslgnAted Fund
Unrestricted fiund5
Reviluatlon
24.639
333,711
24,639
317,103
895 246
Tot41$
Is