THE FRANCIS PIGGOThWALKER CHARITY INDEXTO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2025 PAGE 1 Report of the Trustees Report of the Accountants Income and Expenditure Account Balance Sheet Notes to the Accounts THE FRANCIS PIGGOThWALKER CHARITY REPORT OF THE TRUSTEES FOR THEYEAR ENDED5APRIL2025 TRUSTEES: Rev Claudia Lupi Mr Christopher B81ry Mrs LindA Berry Mr Roger Papworth lappointod 26104120241 Mr Graham Lee (appointed 22108120241 Charity Commission Reference Number DJP11345741L1 PURPOSE OF CHARITY The chanty arose from the will ofthe18te Francis Piggott Walker. The Charty. s assets are to be 8pplied for the benefit of needy Methodists in the town of Dunstable, Bedfordshire. ASSETS HELD BYTHE OFFICIAL CUSTODIAN FOR CHARITIES The official Custodian for Charit￿$ holds certain assets on beh81f of the Charity. This includes the following freehold properties:_ 48 Great Northèrn Road, Dunstsble, Beds 50 Great Northem Road, Dunstsble, Beds At the year end, 29,317.44 income shares12024: 29,317.44 shares) were heid in the Charr¢ieg Official Investsnent Fund. The88 8h8res were valued at £551,86812024- £586.6421. INCOMEANDCORPORATION TAX The Charty 1$ re¥stered wlth the Charitycommission and is exempt from income 8nd corporation ta On Behalf of the Trustees CHAIRMAN REPORT OF THE ACCOUNTANTS TO THE TRUSTEES OF THE FRANCIS PIGGOTfwALKER CHARITY FOR THEYEARENDED 5 APRIL2025 {2) Ind•p•nd•nt Examine￿5 Reportto th*T￿￿￿3 01Tho Francls PlggottWaU¢er Chorlty. I reportto the Trustee5 on my eyAmin&tion ofth8 8ccounts otthe Charitiesfortheyear ended 5 April 2025. Responsibilityand B8$i$ of Report As the ChayityTrustees of the Trust you are responsible forthe preparatlon of the accounts in accordance wlth the requirements of the CharitlesAct 20191.the ACV). I report in ￿SpeCt ol rny ex8min8tion of the I￿arityA¢coUntr ¢arried out under Sectlon 145 of the 2011 A¢t 8nd In ¢8rrylngout my 8X8min8tion I h8ve followed 8iithe 8pplicabl8 Directions gwen bythe Charty Commission vnder Section 145{Sllbl ofthe ACL IndependentExamWs Statement I have completed my examination. l ¢onfrm that no mater181 matters have corne to my attention in connection with the examln8tlDn gi￿ng￿e cause to beueve ihat in any material respect 1. AcGountingr8cords were not kept in respe¢t of the Charity as roqulred by Sectlon 130 ofthe ACL or 2. The accounts do notaccord with those remrds," or 3. The accounts do not complywith the 8ppEic8ble requirements ¢oncemlng the form and ¢ontent of a¢¢ounts set outln the Charities (Accounts and Repc¥ts) Regulations 2008 other than any requirement thht the a¢¢ounts the o Irue and fair. View￿l¢h is not a matter considergd as a part ofan independentexamination. I hav8 no concems and have come across no other matters In connectlonwlth the examinationto which attention should bB drawn in thus report in orderto enable 8 F￿0Per under8tandingofthe acco s to be reached. Slgned: John L. G. Darlin& FCCA HIGGINSON & CO IUKI LIMITED 3 Ken8WOrth Gats 200-204 High Streot South Dunstsble B8ds, LU6 3HS 131 THE FRANCIS PIGGOTh WALKER CHARITY INCOME AND EXPENDITURE ACCOUNT FOR THEYEARENDED5APRIL2025 NOTE 2025 2024 INCOME Rental Income Charityfvnd DivKlends 23190 16450 21360 15972 39640 37332 EXPENDITURE Property Agents Cornrnission Insurances Property R8pairs Safety Certificat88 Miscellaneous Expenses Honourarium 3829 1472 2563 1435 5534 220 158 3000 4936 14213 8934 surplus of income over expenditure 25427 28398 THE FRANCIS PIGGorrwALKER CHARITY BALANCE SHEEr ASAT5APRIL2025 141 NOTES 2025 2024 FIXED ASSETS Investments- Freehold Property 16257 16257 Charr(ie8 Official Investment Fund 551868 586642 568125 602899 CURRENT ASs￿s Bank Current Account Debtors 112731 4122 109121 3964 116853 113085 CURRENT LIABILITIES Cradhors 660 NET CURRENT ASSETS 116193 113085 TOTAL ASSETS 684318 715984 FINANCED BY:_ Brought Forward 715984 661277 Charities Official Investment Fund: Movement in Market Value 1347731 42145 Surplu5 for Year DistributlDn to Beneficiaries 25427 1223201 28397 1158351 684318 715984 THE FRANCIS P1GGO￿wALKER CHARIT 15) NOTES TO THE ACCOUNTS FOR THEYEAR ENDED 5 APRIL 2025 1. BASISOFACCOUNTING The accounts have been prepared underihe historical cost convention modrfied to incorporate the marketvoluation of the Charities Official Investment Fund. Th8 accounts have been prepared in accordance with financial reporting standard for smallentities and the Charities SORP. There has been no change to the valuation rules and methods of accountin& No changes have b88n made to accounts for previous years. 2. FREEHOLD PROPERTY The freehold propety consists of two houses in Dunstsble. An independenl valuation in February 2019 provided the followingvalues forthese properties'.- 48 Great Northem Road £250,000 50 Great Northem Road £250,000 3. CHARITIES OFFICIAL INVESTMENT FUND Monies which are not required forthe Immediate ne8ds of the charity are, underthe Charity- s Scheme, invested in the Charrties Official Investment Fund. The units in the Fund hav8 b8en included in tho balance Sheet at market value. 4. STATEMENTOF RENTRECEIVED 2025 2024 Property at.. a. 48GreatNorthem Road 8790 8160 b. 50 Great Northem Road 132QO 23190 21360 5. Remuneration paid to the Charities trustees or their Connections NIL NIL 6. Examination fe8 paid NIL NIL