|||||Page|
|---|---|---|---|---|
|Report<br>of the Trustees||||Ito 2|
|Independent<br>Examiner's||Report||3|
|Statement|of Financial|Activities||4|
|Balance|Sheet|||5|
|Notes<br>to|the Financial|Statements||6 toll|
|Detailed|Statement<br>of Financial||Activities|12|





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||||||||31.10.24|31.10.23|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total funds|Total funds|
||||||funds|funds|||
|||||Not|||||
|||||es|||||
|INCOMING<br>RESOURCES|||||||||
|Incoming<br>resources<br>from|charitable||activities||||||
|Weekly<br>maintenance<br>contributions|||||64,200||64,200|60,481|
|Interest<br>Received|||||262||262|106|
|RESOURCES<br>EXPENDED|||||||||
|Charitable<br>activities|||||||||
|Resources<br>expended|||||25,955|1,503|27,458|74,414|
|Governance<br>costs|||||7,878||7,878|8,108|
|Total resources<br>expended|||||33,833|1,503|35,336|82,522|
|NET INCOMING<br>RESOURCES||BEFORE|||||||
|TRANSFERS|||||30,629|(1,503)|29,126|(21,935)|
|Gross transfers<br>between|funds|||10|(3,683)|3,683|||
|Net incoming/(outgoing)|for the year||before||||||
|other recognised<br>gains<br>and losses|||||26,946|2,180|29,126|(21,935)|
|Realised<br>gains/(losses)<br>on|fixed asset|||||61 ,200|61 ,200|14,644|
|investments|||||||||
|Net income/(expenditure)|||||26,946|63,380|90,326|(7,291)|
|RECONCILIATION<br>OF|FUNDS||||||||
|Total funds<br>brought<br>forward|||||106,308|831,959|938,267|945,558|
|TOTAL<br>FUNDS CARRIED FORWARD|||||133,254|895,339|1 028,593|938,267|





|Balance<br>Sheet||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|At 31<br>October 2024||||||||||||
|||||||||||31.10.24|31.10.23|
|||||||||Not||||
|||||||||es||||
|FIXED ASSETS||||||||||||
|Tangible<br>assets||||||||4||738,970|738,997|
|CURRENT ASSETS||||||||||||
|Debtors||||||||5||806||
|Investments||||||||6||523,742|461,613|
|Cash<br>at bank<br>and||in|hand|||||||53,887|27,679|
|||||||||||578,435|489,292|
|CREDITORS||||||||||||
|Amounts<br>falling|due||within||one|year||7||(1,365)|(1,325)|
|NET CURRENT||ASSETS||||||||577<br>070|487 ,967|
|TOTAL<br>ASSETS||LESS||CURRENT||||||||
|LIABILITIES|||||||||1|16,040|1,226,964|
|CREDITORS||||||||||||
|Amounts<br>falling|due||after|more||than one year||8||(287,447)|(288,697)|
|NET ASSETS|||||||||||938,267|
|FUNDS||||||||10||||
|Unrestricted<br>funds:||||||||||||
|General<br>fund<br>I||||||||||133,254|106,308|
|Cyclical<br>fund||||||||||||
|||||||||||133,254|106,308|
|Restricted<br>funds:||||||||||||
|Capital<br>recoupment||fund||2||||||301,299|266,181|
|ERF||||||||||222,444|195,432|
|Grant received<br>from|||Corton||poor's land||trust|||371,596|370,346|
|||||||||||895,339|831 ,959|
|TOTAL<br>FUNDS|||||||||1|,028<br>593|938,267|





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|STAFF<br>CO|STS|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||31.10.24||31.10.23|
|Wages<br>and|salaries||||||||||16,442||14,622|
|The<br>average|monthly|number|of|employees|during|the|year|was|as|follows:||||
||||||||||||31.10.24||31.10.23|
|Wardens||||||||||||1||



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|||||New|Cottage||Fixtures|and||
|---|---|---|---|---|---|---|---|---|---|
|||||Almshouses|homes|Cottage|fittings||Totals|
||||||improvements|homes||||
|COST||||||||||
|At|I November||2023|365,437|97,359|276,051|7,243||746,090|
|Additions||||||||||
|At|31|October|2024|365,437|97,359|276,051|7|243|746,090|
|DEPRECIATION||||||||||
|At|I November||2023||||7,093||7,093|
|Charge||for year||||||27|27|
|At|31|October|2024||||7,120||7,120|
|NET BOOK VALUE||||||||||
|At|31|October|2024|365,437|97,359|276,051||123|738,970|
|At|31|October|2023|365,437|97,359|276,051||150|738,997|



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|||||||||2024|
|---|---|---|---|---|---|---|---|---|
|Valuation<br>I|November||2023|||||461,612|
|Additions||||||||930|
|Disposals|||||||||
|Revaluations||||||||61 ,200|
|Valuation<br>31|October||2024|||||523,742|
||||||Cost|Market|Value|Income|
|||||||||Received|
|Cyclical<br>Repair Fund|||||37,379||||
|Extraordinary|Repair||Fund||||||
|Charities|Official|investment||Fund|10,343|153,889|||
|Charifund|(M&G)||||35,473||69,129||
|Capital Recoupment||Fund|||||||
|Charities|Official|Investment||Fund|25,576|176,194|||
|Charifund|(M&G)||||10,500||80,964||
|Charities|Deposit|fund|||7,250||7,250||
|Charifund|Units (M&G)||||30,074||36,316||
|Total<br>Investments|||||156,595|523,742|||



||||||2024||2023||
|---|---|---|---|---|---|---|---|---|
|Cyclical<br>Fund|||||||||
|Cyclical|National|Savings|Fund||||76||
|||||||||76|
|Extraordinary|Repair|Fund|||||||
|Charities|Official|investment||Fund|19,027||7,255||
|Charifund|(M&G)||||8,558||2,573||
|||||||27,585||9,828|
|Capital Recoupment||Fund|||||||
|Charities|official|investment||Fund|21,317||2,333||
|Charifund|(M&G)||||9,759||2,987||
|Charifund|units (M&G)||||2,539||3,615||
|||||||33,615||8,935|
|||||||61 ,200||18,839|





## 

|||||||||||||31.10.24|31.10.24|31.10.23|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Accruals<br>and||deferred|||income|||||||1,365|1,325|
|8.|CREDITORS:|||AMOUNTS FALLING|||||DUE|AFTER MORE THAN ONE||YEAR|||
|||||||||||||31.10.24||31.10.23|
||Other<br>creditors|||||||||||287,447||288,697|
|9.|ANALYSIS|OF||NET||ASSETS BETWEEN||||FUNDS|||||
|||||||||||||31.10.24||31.10.23|
|||||||||||Unrestricted<br>Restricted||Total|funds|Total<br>funds|
||||||||||||funds<br>funds||||
||Fixed<br>assets||||||||||79,927<br>659,043|738,970||738,997|
||Current<br>assets||||||||||53,887<br>524,549|578,436||489,292|
||Current<br>liabilities||||||||||(1,366)||(1 ,366)|(1,325)|
||Long<br>term<br>liabilities||||||||||(287,447)|(287,447)||(288,697)|
||||||||||||132,448<br>896,<br>145|||938,267|
|10.|MOVEMENT||IN||FUNDS||||||||||
||||||||||||Net movement|Transfers|||
|||||||||||At|1.1 1.23<br>in funds|between|funds|At31.10.24|
||Unrestricted||funds||||||||||||
||General<br>fund||I||||||||106,308<br>30,629||(3,683)|133,254|
||Cyclical<br>fund||||||||||||||
||||||||||||106,308<br>30,629||(3,683)|133,254|
||Restricted<br>funds||||||||||||||
||Capital<br>recoupment||||fund||2|||266,181<br>33,615|||1 ,503|301,299|
||ERF|||||||||195,432<br>26,082|||930|222|
||Grant received||from||Corton poor'sland|||trust||370,346|||1250|371,596|
|||||||||||83 1 ,959<br>59,697|||3,683|895,339|
||TOTAL<br>FUNDS|||||||||938,267<br>90,326|||||





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|||||||Incoming|Resources|Gains|and|Movement<br>in|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||resources|expended|losses||funds|
|Unrestricted|||funds||||||||
|General|fund||I|||64,462|(33,833)|||30,629|
|Cyclical|fund||||||||||
|||||||64,462|(33,833)|||30,629|
|Restricted||funds|||||||||
|Capital|recoupment|||fund|2|||33,615||33,615|
|ERF|||||||(l ,503)|27,585||26,082|
||||||||(1,503)|61|,200|59,697|
|TOTAL||FUNDS||||64,462||61|200|90,326|



## 



||||||31.10.24|31.10.23|
|---|---|---|---|---|---|---|
|INCOMING<br>RESOURCES|||||||
|Incoming<br>resources<br>from|||charitable|activities|||
|Weekly<br>maintenance<br>contributions|||||64,080|60,480|
|Guest<br>room<br>income|||||120||
|Bank interest<br>receivable|||||262|106|
||||||64,462|60,586|
|Total incoming<br>resources|||||64,462|60,586|
|RESOURCES<br>EXPENDED|||||||
|Charitable<br>activities|||||||
|Warden's<br>salary|||||16,442|14,622|
|Repairs & maintenance|||||4,399|54,735|
|Donations||||||20|
|Insurance|||||984|1,356|
|Gardening|||||3,666|2,610|
|WDC warden<br>call|||||1,940|1,043|
|Depreciation|||||27|27|
||||||27,458|74,413|
|Governance<br>costs|||||||
|Secretary's<br>remuneration|||||4,885|5,253|
|Subscriptions<br>& course|fees||||477|303|
|Accountancy|||||1,235|1,179|
|Telephone<br>& postage|||||920|591|
|General & travelling|||||361|782|
||||||7,878|8,108|
|Total resources<br>expended|||||35,336|82,521|
|Net income<br>before<br>gains||and losses|||29,126|(21,935)|
|Realised<br>recognised<br>gains|||and losses||||
|Realised<br>gains/(losses)|on|fixed asset||investments|61 ,200|14,644|
|Net income|||||90,326|(7-,291)|