SIDDINGTON TRUST LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED JI MARCH 2024
Charity reglstrallon numbor 282339
Company regi51ralion number 156S596 (England and Wales)

SIDDINGTON TRUST LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr M Concannon
Ms hA A E Dickinson
Mrs M L Halchman
Mr P K Halchman
Mlss C Hearne
Mr M J Poole
MrAJ Vvalker
Mrs A W8lker
Mr R Winsianley
S¢Gr¢tary
Mr P K Hatchrnan
Charity number
28233
Company numb*r
1586596
Reg16tered offlce
Thornycroft Hall
Pexhill Road
Slddinglon
Ma¢o1é5fièld
Cheshire
SK11 9JN
Independent examlner
Champion TLL Limrted
74J Station Road
Heskelh Bank
Preston
Lancashlie
PR4 6SN

SIDDINGTON TRUST LIMITED
CONTENTS
Pagè
Trustoas 16wrt
Independ9nt examiner's report
Staloment of financial aclNilies
Balance sheet
P4otes lo the finand81 slalemonl$
8-15

SIDDINGTON TRUST LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 3t MARCH 2024
Th6 ttustèès pr8sent their anni￿81 report and financial statements for the ytrar ended 31 March 2024.
The financial slalemenls have b86n prepared in accordanco with the accountlng polieiès sèt out in note 1 to the
financial 51alem8llls and comply with the ch8rity's governing document. the CoinpanS95 Act 2006 and "Accounllng
and Reporting by Charities.. Slalem8nl ol Re¢ominended Practic6 applicable lo charities preparing their aecoiints in
a¢cor(Jance with the Financial Reportlng Standard £pplicable in the UK and Rgpublle of Ireland IFRS
102y' leffectlvo 1 January 2L)191.
Objectives and actlvltlÈs
The company was sel up lo promote the advancemént ot éducation and the training ol eharacter in ac¢ordanco wilh
Christian principlos and Sdeas. Thornycroft Hall was acquired lo provide a suitab19 venu9 lor these activities.
Public b$n&fjt
The charity's Iruslees have complied with their duly to have due regard to the guidance on public benefit Pliblished
by the Charity Commission in exeFclsing Ihelr pDwers and duties.

SIDDINGTON TRUST LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Achlevement8 and p8Tformance
&gniitcant aclivilies and achievemgnls agai?sl obJ8cIIv&s
The¥e have been many aclivkties in Thorny¢roft this y&ar- some familiar and some new. Rètrèats lor men, women,
priests, young professionals and studen18 look placo mosl months as in previous year8, which h8lped to enrich the
spiritual lives ol many peopl8 from different parts of tho ¢QLllltry and 8bioad and help them lo be better citlzons.
onlhly rgcolleclions look place loi local women and weTe greatly appr8ciated. Lunch was provided alter the
recollection to feed the body as well as the soul and give Cheshire residents an opportunily lo soti2lisè and neiwork
with èach other. Ther$ were also nK)nlhly rècolloctions for diocesan priests who appreelale the spiritual enrichment
and soclal Contact with each other. As with the wom8n's récollections, they have lunch logelhef and are given the
opportunrty lo socialise, support each other and loluin lo their horr£s renewed and iiivigoraled.
Residentlal covrsÈs continuèd throughout the year for local people as well as those from other p3rts of the ¢ounlry
and some visitors frtsm èbroad lasting one to three weeks. Whi18 on thsii ¢ourses, residents look adv8ntage ol the
local area and visi18d vaiious touti5t atlrèctions and appre¢k?led what Cheshirè has to offer.
To celebrate the coronttlion ol King Chartes. wé hèld 8 coronation picnic in May, whiGh was very Popular. As with al
our events, local families and others from neighbouring boroughs gol together and found a welcoming place for
families lo connect with each other.
Frotll Jun¥ to Seplemb$r wo hosted monthly family picnics and a fambly evant to help famil￿8 Ilnd a supportlV6
open space where they could sociali59 wthh other families and build up family bonds. Thèsè events were all Iree ol
charge and were very well attendod. People appreeia16d the opportunity lo spend tin* in the beautiful garden8 and
rolax in th6 Cheshire countryside.
We were visiied by about 30 of Cheshire'5 Wl in the summèr who onjoyed afternoon tea whlle listèning lo two guest
speakeis
ne speaklhg on the history of Thomycroft Hall and the other on Ihe hlslory of Slddinglon. Th8y
thoroughly enjoyed the aftérnoon and would like il to be repealed for them.
At the end ol September we had another mother and daughter ￿0-daY workshop whl¢h h8s been very popular ovgl
prèvlous yéars and was requested again. In October, a w0￿$￿0p for men was held and was altefjded by ov?r 30
pèople. Thèy lound il veiy educational and appTecialed the opportunity lo connect with each other arKI exchange
Idg95.
On 10th De¢8mbèr ￿ had D￿r Christmas Carol Con¢ert with mullod wine and mln¢e plés. This yèar was
particularly well attended with about 70 peoplè inoluding many famili85, 91 whom had travelled a good
distance to be Ihere.
January and February saw the resumption of relreal8 and recollecttons and in March another mlni rstr881 was hèld
loi ladies for two nlghts.
Maintenance and refurbishment ol Thornycroft continued w¢Lh repla¢ement ol windows in the classroom, palnting,
xlensive necgssary roof repalr5 and othèr sm8ll*r repairs.
Flnanclal review
Resew&s policy
The eharity'$ policy is to maintain its property of Thornyuoft Hall unencumbered by debt lo*hèr th8fk inleresl-free
loans from personal don¢rsl, but olhewse lo maintain onty su¢h rèseNès as aré necessary lo meet ils short-l¢rm
cash flow requiiemgnt5.
The nel difference be￿e￿n fixed assets and long-leTms loans is £1,407,255. This amount ha5 beèn designated
Separately. le?vlng othèr liquid funds of £105,032. The general fund ba￿nce has decreased sinc6 lasl year. The
Irustees, policy Is lo maintain g level ol reserves equivalent lo three months, axpendilure. Al the y8ar end the
general fund balance represents around 3.7 months, worth ol expenditure.
The Ch&rily ctsntinues lo apply lor grant funding lo help eovar the costs of certain prolo¢ls. altowing the operating
in¢oine lo create a surplus to builts funds lo the required level.

SIDDINGTON TRUST LIMITED
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Plans for thluye perlods
Future Actlvi1Ses
Fo¥ the year 2024-25 rètreats, recolle¢llon8, resldsntial courses and short workshops 8re sehsdulod in, a5 is al least
onè eonf&r8ncè. There will be small birthd8y partlbs and wedding anniver$ary parti8s held at the Hall and the
monthly family picnles will rèsume in the summer months to sUPPOrt families and provide a venue lo meet up and
stsciallse. Our annual Carol Concert will be held again in Decembei.
Fundraising will continue particvlarly in ￿latiOn lo the ralurbishment of the annexo, whlch we hope lo start In the late
summerleorly aulumn
structure, governance and management
The charity 15 controllsd by Ets governing document. a d&ed or trvst, and conslitules a limilgd ¢ompany, limited by
gLiarantee, as defined by the Cornp8ni65Acl 2006.
The Ifustees, who are also the directors for the purpose ol Company law, and who seNed during the yoar and up to
the date ol sigiialuro ol Ihe linaneial statémènts were..
Mr M Concannon
Ms M A E Dlcklnson
Mrs M L Hatchman
Mr P K Hatchman
Miss C Hearn6
Mrm J Poole
IArAJ Walker
Mrs A Walker
Mr R Winslanley
Recruiln7enl and appthFJlm6nl of Iriisl&&s
Tho ehgrily is govÈ¥ned by the Iru51egs, who delegate thè running ol COUTs85 and retreats lo paid 51aff whilst
retaining direct respollsibility lor the fabric and maintenance of Thornycrtsrt Hall. The charity is not dependent on
unpaid volunteers lo any signilicant extent.
Related partlo8
Th@re ale Do relattrd pttrties withln the m*8nlng of the SORP with whom tha eharily has entered inlo any
transacllons.
In carrying out tts alms the charity co.oper810s WEih th8 following other ¢harrties', Ashley Educational Tru81,
Greygarth Association and Nelherhall Edueational Associalk)n.
Rl$k management
The trustees have a duly lo Id8ntlfy ènd review the risks lo whioh Ihe ChBrlty is èxposed and lo ensur$ èppropriale
¢ontrols are place lo provide reasonable gssurance against fraud and @iror.
The Irusleés, roport was approved by the Bo¥rd of Trustees.
Mr P K Halchman
Trustee
Date..
Zts2

SIDDINGTON TRUST LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SIDDINGTON TRUST LIMITED
I feport lo the Irusleos on my examination ot the finencial slalemenls ol Siddlngton Trust Limitèd (rhe charilyl for the
year ended 31 March 2024.
Responslbllltles and bAsls of report
As Ihe Iruslees ol the ¢harily land 8150 Ils diroclors for the purposes ol coinpany lawl you 818 responsible lor the
preparation ol the financial sl818m&nts In accordance with the requlremenl8 of the Companle5 Aet 20(X5 (the 2006
Acti
Having s8118lled mys811 Ihat thé financial sletements of the charity arg llol roquir¢d to be audited under Part 16 of
th8 2006 Act and are eliuible lor independent examination, I ioport in rtspeet of my examination ol lh8 charilys
financial slalemenls carried out undpi section 140 ol the Charities A¢1 2011 Ithe 2011 Aell. In carrying out my
examination I have lollowed all tho oppll¢ak>le Dlrections giv¢n by the Charity Commisgion Linder section 14515llbl
ol thè 2011 Act,
Independent examlner's statement
Since the charity's gross inctsme èKeeeded £250,000 your examiner mu8t be a member of a body lisled in secllon
145 of the 2011 Ad. I conliim Ihal l am qualified lo undertake the exainlnalion becausè l èm a member of ICAEW,
which is one of the listed bod￿5.
I havè comp1618d my examination. I confiim that no matters have comè lo my attenlitsn In connectlon wbth the
èxaiYinatitTrn giving me cause to believe that in any malerlal respect..
8¢eounting records were not kept in respe¢t ol the charity ss t6qulred by section 386 01 the 2006 Act,. or
the financial slalemenls do not accord with those records,. or
the finanel&l statements do not coinply with the accounting require¢T*nls ol section 3g6 of the 2006 Act other
than any requirement that the a¢¢ounls gwe a tru6 and fair view which is not a matter considéred 8s part ol an
independent exaininalion; or
the finan¢ial slalernenls h8vé not boen prepared In accordance with tho molhods and prinoiples of the
Slatemenl ol Recommènded Practice for accounting and reporting by eharltiès applicable lo charities
preparing their accounts in accordance with the Financial Roporting Standard applicablè in the UK and
Republic of Ireland IFRS 1021.
I have no concerns and have Coms across no olher matters in connectlon wlth the $xamination to which allent￿n
should be drawn in this report Ml order lo enable a piopor understanding of the financial sl8lemenls to bo foachad.
Champi
n TLL Limited
P Buck FCA DChA
7-9 Station Road
He$kelh Bank
Preston
Lancashlre
PR4 6SN
Dated..

SIDDINGTON TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Current flnanclAI year
Unrestrlcled Deslunated
fund
fund$
general
2024
Total
Total
2024
2024
2023
Nots$
Oonaliolls and18gaciès
EtSu¢alion
othèr trkdlng èeliwties
94,322
242,149
264
94,322
242,149
284
79,649
224,383
1,588
Total Income
336,735
336,735
305,620
Education
336,044
338,044
281,549
Net loutgolngllincomlng TeBourcés before transfers
11,3091
11,3091
44,071
Gross transfers between funds
345
13451
Net lexpendlturelllncome for the yearl
Net movement In funds
19641
13451
11.3091
44,071
Fund b8l¥nces el 1 April 2023
105,996
1,407,600
1,513,596
1,469,525
Fund bal&nces at 31 March 2024
105.032
1,407,255
1,512,287
1,513,596
The stAlem6nt ol financial activities includes all gains snd loss$s recognisad in the year.
The 5talemenl of financial 8ttliviliès Incliides all gains and losses recognised in th* year. All income and expenditure
derwe from continuing aclivi116s.
The 8laletnenl of Ilnanclal a¢llvillès also complies with the requirements in¢Dtn& and expendiluie account
under the CompaniesA¢t 2006.

SIDDINGTON TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Prlor flnancial year
Unr¢$trlcted Deslgnated Restiletèd
funds
lunds
funds
general
2023
Total
2023
2023
2023
NoteB
Donalions and legacies
Educatlon
Other trading aclwilies
79.649
224,383
1.588
79.649
224,383
1,588
Total Incom¢
305,620
305,620
Education
255,435
6,114
261,549
Net louÉgolngVlncomSng resources before Iran$fèrs
50,185
18,1141
44,071
Gross Iranslers belweon lunds
460
14GOI
Net lexpenditureVin¢ome for th¢ yeèrl
Net moven*nt In f¢Ands
50,645
14601
16,1141
44,071
Flsnd balaneès al 1 April 2022
55.351
1,408,060
8.114
1,469.535
Fund balances at 31 MarGh 2023
105,99fj
1,407,600
1,513.596

SIDDINGTON TRUST LIMITED
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notès
Flxod assets
Tangible assets
11
1,452,905
1.453.250
Current Assets
Stocks
Debtois
Cash al bank in hand
12
13
751
10,361
96,224
713
107,317
107,336
708,030
Credltors.. amounts falllng due wlthi
one year
16
12,3041
12,034)
Net current assets
105,032
105,996
Total a8$ets 1988 curr8nt114bllltlèJ
1.557,937
1,559,246
Creditors.. amount8 falllng due after
mora thah onè yèar
18
145,6501
145,6501
Net asset6 excludlng penslon Ilablllty
1,512,287
1,513,596
Net assèts
1,512,287
1.513.596
Thè funds of the chgrlty
Uniesfricted funds- general
Unrestricted funds- desionaled
105,032
1,407,255
105,996
1,407,000
1B
1,512,287
1,513.596
The company is 6nlitlad lo the exerrylion from the audrt requlremenl cttnl&ined in section 477 of the Companies Act
2006. foi the year ended 31 March 2024.
The directors &eknovledge Iheii responsibilities for ¢omplying wllh th8 rèquirsments ol the Companies Act 2006
with iespe¢t Ii) a¢¢otsnling fecords and the preparation ol financial slalemenls.
The members have nol ièquli6d the company lo oblaln an audit of ils financial slalements for thè year In question in
a¢¢ordan¢e wllh section 476.
These financial slalemenls havè b¢6n pr6pared in accordance with the provisions app11cable lo ¢ompanles sublecl
lo the small Companies regime.
The flnancial statements were approved by the trustee$ on , ,J.o fr-(&-/'i
Mi P K Hatchman
Trustèe
Company regislratson number 1566596 (England end Walasl

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
AGcountlng pollcies
Charlty information
Siddinglon Trust Limited is a private cornpany limited by guaianleo In¢orporaled In England and Wales. The
re9islered office is ThoTnycroft Hall, Pexhlll Road. Slddbnulon. Ma¢¢ltysfiekl, Chèshiré, SK119JN.
1.1 AGGountlng conventlon
The linèneial stalèmènts have been prepared in accordance with the charity's goveTning document, the
Co[npa￿lo5 Act 20(b, FRS 102 "The Financ5al Reporting Slandatd appli¢able In the UK and Rèpublic ol
Ireland. l FRS 102.1 and the Chaiilies SORP "A¢¢gunling and Reporting by Charilies.. Slalemenl ol
Recommended Pr8¢tlcfj appli¢able lo eharllies prèparing theSr accounts in accordance with the Financial
Repoiting Standard appli¢abl& in the UK anfl Republ1¢ of Ir¢l8nd IFRS 102y'18fféctivé l January 20191. The
Charity is a Public Benefit Enlily as defined by FRS 102.
The ¢haiity h8s takén advxnlage of thè provisions in the SORP for charities not lo piepare a Statement Df
Cash Ffows.
The financk31 statements are piopared in slerllng, whlch Is the funttlional euriency of the charity. Monetary
amounts in these financial stalemf>nts are ioundgd lo the n8ar&st £.
The finanebl statements have been prepared under the historical ¢osl ¢onvenllon, modified 19 inclLide the
revaluation of freehold properties and lo include investment pioperties ond cortaln finaneial instruments al lair
valué. Th6 principal 8ecounling policies adopted are sel out below.
1.2 Golng concern
The Accounts are prepared on a golng ¢on¢ern basis, whi¢h thè Tru$tèè$ Consider appropriate having
consider8d thè lo￿$￿08b18 lulure.
1.3 Chthrltkble funds
Unreslricled fLinds are available for u8e at the discretion ol the Iiuslees in furth*ran¢e ol their charltable
objeclwes.
Restricl8d fvnds arB subjéct lo specifie eondilions by donors or grantors a5 to how they may bp used. Th¢
purposes and usès ol th6 r6slricled funds are set out in the notes lo the finanaal 81alemenls.
Endowm6nl funds ¥re subjeel to specific Cond￿lOn$ by donors that the c8pilal rllust b0 tnaintained by the
charity.
1.4 Income
Income 1$ re¢o9ni88d whén the charity is legally entitled lo it after any perlormance condition8 havo boon mot.
tho ainounls Can bo measur6d reliably, and it Is probable that income will be reoelved.
Cash donations are recounisod on récèipt. Olh6r donations ar8 recognised on¢e the ¢haiily has been notified
ol ltte donalirjn, unless p8rform2n¢e ¢ondilions require deferral ol the amount. Income lax recoveiable in
relation to donation8 received und8T GiftAid or deeds ol CDvgn8nl Is re¢o9nised at the linE of the donation.
Lègacl&s ar8 re¢ognised recfjlpl or tsthorwise11 tha charily has been notified of an Impendlng dlslrfbullon.
the amount 15 known. end ieceipt is expècted. If the amount is not known, the legacy Sg trèatèd as 8
conlingenl asset.

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢¢ountlng pollcles
Icontlnuedl
1.6 Expendltur8
Exp8ndilur& Is r8cognised once there is a legal or conslruclivg obllgalion lo transfer economic benerrt to a
Ihird party, il is probable that a Iransler of eoonomic b8nerrts will be r6quir6d in settlomenl, and Iht anK)unl of
the t>bligalion can be measured reliably.
Expendllurè Lq classified by activity. The costs of ea¢h a011v￿Y 8r¢ made up of the total of dlre¢l ¢osts ènd
shared costs, indudlng support costs involved in undertaking each actwty. Olre¢l costs attributable lo a single
actwily are allocated dlréolly lo that activity. Shared costs whlch Gonlribule lo more than one ectivily and
$upptsrt ¢osls which are not 8ttribulable lo a single activ((y are apportioned between those aCtr￿llIeS on a basls
eonsislénl with the use ol resources. Central staff costs ar¢ allocated on the basis ol fyme $ponl, end
d8pre¢ialion chargas #ré allocal6d on the portion of the asset's use.
1.8 Tanglble flxed assets
Tangible fixed assets are initially meagurÉd at ctsst and subs6quently measured al cost 01 valuation, nèl of
depre¢ialion and any impalrment losses.
Freehold property is ntst dÈpreeialed slnce it Is considered that given the long Ilfo of the property concerned.
depreciation would be iminalerial, if iny. Thè Trustees carry oul an annual impabimpnl rèviÈw in accordance
with Accounting Standards.
Oepre¢ialion FS recogniséd so as lo write off the cost or valuation of assels1gSS their resldual values over their
useful Iwes on the followin9 basgs..
Freehold land and bulldkngs
Motor vehicles
25% Reducwjg balance
The gairTr or lo56 artsing on the dlsposal ol an asset is delemined as the differencè bétwésn thè sale proceeds
and the carrying valufg of the gss¢l, and is recogntsed in the 51alemenl of financial a¢livllles,
1.7 stook6
Stocks arè slalad at the lower of cost and eslimaled selling price less costs Its complete and sell. Cost
comprisès dirècl matèrials and. where applicab￿, direct labour wsls ané those overheads that have been
inciirrèd in biirEging the stocks to their present local￿Tr and condition. Ilémg hèld for distribution al no or
nominal consideration are mgasured thtr lower of replacement cost and cost.
Nel reallsable value is the eslimatgd selling prloe legs all estimated costs of complellon and costs lo b6
inoLirrèd in marketing, sellino and distribution.
1.8 Cash and cash equlvalents
Cash and cash equivalènts i￿¢lU￿8 cash In hand, deposits held al call with banks, olhor short4erM liquld
investmen15 with original maluriti88 ol three mDnths or less, and bank overdrafts. Bank ov8rdrafts are shown
qlhin borrowings in cui¥enl Ilabllllle5.

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Donatlon6 and legacies
Unrèstrlcted Unreslllcled
funds
funds
general
gonoral
2024
2023
Donat￿￿$ and gifts
94,322
79,649
lllttomo from ch#rltable actlvltles
UnYestYlcted
funds
2024
UnYè8trlet*d
funds
2023
Educatlon
Course fees
242,149
724,383
Income from other tradlng actlvltle$
Ullrestrlcled UnYè8trlcted
funds
fund6
2024
2023
Fundraising events
264
1.588
10

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Expendlturè on charllkblg actlvltles
Educatlon
2024
educatlon
2023
Dlrect ¢osts
SlaN costs
D*preciallon and impalimor)t
Rales and wator
Insurance
Llghl and heal
T8lephone
111,769
345
5,875
14,759
40,586
5.569
99,387
4eo
5,680
15,166
46,790
5,646
k 11
Svnrsiy and ¢l¢anlng
Food and consurllables
Molw and training
Repairs and ienewals
Grounds mainlenancg
Office oxpenses
8pnk ¢horges
7,794
38.285
3,86S
103,354
2,839
62fj
454
9,621
36,964
3,165
32,359
3,027
1,183
336.124
259,854
Share of support and governance c08t¥ lsee note 61
Governance
1,920
1,695
338.044
261,549
Analysls by fund
Unrestricted funds- general
Reslrlcled lunds
338.044
255,435
6,114
338,044
1,549
Support Costs
Support Governance
costs
costs
2024Support Cgsts Governanee
gsts
2023
Independent Exarnlnation
lèés
1,920
1,920
1,696
1,e96
1,920
1,920
1.895
1,695
Analysed betwèan
Charllable g¢llvltles
1,920
1,920
1,6g5
1.695
11

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Net movement in fund8
2024
2023
Tho ngt movement in funds Is staled attèr chargingllcradilingl..
Fees payablo loi the independent examination ol the ¢harity's financial
slalemenls
Depreciation of owned tangibl¢ fixed assets
1,920
345
1,695
460
Trustees
None of thè trusteès lor any pelsons Connected with them} r8¢8ived any remunerallon or benefits from tl)e
¢h8fity during Ihtt yeai,
Employees
The average monthly number ol employees during the year was..
2024
Numbar
2023
Number
Employment COBt¥
2024
2023
Wages and salaries
Other pension costs
109,835
1,934
97,461
1,926
111.769
99,387
Thore were no employees whose annual remuneration was more Ih8n £60.000.
Remuneratlon of key management Pgrwnnel
The rémunèration of koy m£nagemenl personnel was as follows..
10 Taxatlon
The charity is exampl from tax on in¢om8 and gains falling wilhbn 505 01 thé T8xas Act 1988 or section
252 01 the Taxation of Chargeable Galns Ael 1992 lo lh8 8Xtent th81 thssé arÉ applièd to ils charitable objects.
12

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
11 Tangible flxed 8S8ets
Freehold land
and buildlnos
Moto¥
vohicles
Total
Cost
At 1 April 2023
Additions
1,250,000
201,869
13,800
1,263.800
201,86g
At 31 March 2024
1.451,869
13,800 1,465.669
Dépreclatlon and Impalrmènl
At l April 2023
Depreciation charged in the year
12,419
345
12,419
345
At 31 March 2024
12,764
12,764
Cariylng amtsunt
Al 31 March 2024
1,451,869
1.036 1,452,905
At 31 Mar¢h 2023
1.451,869
1.381
1,453,250
12 Stocks
2024
2023
Raw materials and consumables
751
713
13 DÈbtgr¥
2024
2023
Amounts falllng due wlthln one year..
Propaymenls and 4C¢fued Ineome
10,361
14 Loans and overdrafts
2024
2023
Other loans
45,650
45.85Q
Payable after one year
45,650
45,650
15 Creditors: amounts falllng due wlthin one year
2024
2023
Accruals and deferred Inco￿
2,304
2.034
13

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 ¢r¢ditors.' amounts falllng due after more than one year
2024
2023
45,650
45,650
17 Retirement benefit 8chemes
2024
2023
Deflned contrlbutlon 6chemes
Chaige lo piofil 01 loss in respect ol defined conlribulbn 8chenies
1,934
1,9
18 Unreslrl¢ted fund8- designated
Th959 are unrgslrl¢ted lund$ wht¢h aro malerlal lo the ¢harrty's activilios.
At 1 April
2023
TTan$fer8 At 31 M4r¢h
2024
1,407,$00
13451
1,407,255
Prèvlous year,.
At 1 Aprll
2022
Transfer• At 31 March
2023
1,408,060
146()1
1,407,600
The designated fund represents tho nel book value of fixed ass&ls, being funds alregdy spènt. legs the
balance of long term loan5 8S S@0n iq tha Balance Sheet.
19 Unrestricted fund8
The unreslricted funds ol the charity comprise the unexpended balances ol donalions and gf8nls which aro
not subject to specific conditions by donors and grantors as lo how they INay be vsed, Th9$8 inc￿de
designslèd funds which h8ve bèen sel asidts out ol unrestricted funds by the Iruslees for spe¢ilic puip08e8.
At 1 Aprll
2023
Incomlng
re$ource$
ResourG85
expended
Transfers At 31 March
2024
106,996
336,735
1338.0441
345
105.032
PrÉvlous year..
At 1 Aprll
2022
Incomlng
Te$ources
Resources
expe￿ded
Transfer8 At 31 March
2023
General lund8
55,351
305,620
1255,4351
48Ql
105.996
14-

SIDDINGTON TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
19 UnTe8trlctsd fund
(Continued)
20 Analy816 of net assets between funds
Unrestil¢led Unrestricted
funds
funds
general designated
2024
2024
Total
2024
At 31 March 2024..
Tangible assets
Current assetsllliab1111I6s1
Long term liabilities
1,452,905
1,452,905
IOS,032
145,6501
105.032
145,8501
105,032
1,407,265
1,512,287
Unrestilcled Unrestrlcted
funds
funds
general designated
2023
2023
Total
2023
At 31 March 2023:
Tanglble assets
Cuiient a53elsllliabililiesl
Long term liabilities
1,453.250
1,453,250
105,996
145,6501
105,998
145,650)
105,996
1,407,800
1,513,596
21 Related party tran8actlons
There weie no disclosable related party transactions during the year12023- none).
15-