REGISfERED COMPANY NUMBEIL. 01928896 (England and Walu) REGISJERED CHARrrY NUMBER: 292336 REPORTOF THKTRusfKFS AM) ATgMETrTts FOR THE YEAR ENDE tLIRusf Lli) Raffinga5 Holdings Limittil 19-20Bourne Ccwt W(K*lford Greaj IG8 8HD
Rekk)rt of theTYwte Inthp¢tthit Examln&s Ryvl 10 stst¢mort of F5nand•l Adiv BAlanEe Sheet 12 * 13 14 k) 19
HOUSE MIII TRusf LTD ISTERKD NUM REPORTOFT EFS r tw130 Je2025 Thls is an excitsng yw for House Mill as it moves towards the seo)Nl ph& of the major external TefU1shrtxnt proiecr. tklails of thts ¥e t¢knv. Tim1 ofthese Mfrs wll awe House Kfil Mll Ee p¢tY [Ke3ted the 250th annrversary arrives. in 1)26. The tTUStees, aTE al directcffs of the tsity for the of the C(AnnIeS Ad 2W6. Iheir trt with the financiaj Statem of the ¢hrity for the yur ended 30 ju[ 2025. The have a&)ptcd the pThisiorts of Accounti8 and Rewrting by Clwitie8.. of R¢(Md Prnxi(z w11bIC lo charities prcparsn8 their accounts In with the FirwKia] Rep)8 Stsndwd applithle in the UK aT Rtyublic of IrelarKt IFRS 102) (effTY£ l J8ntwy 20151. HKf remains comrnitttyj ts) its pl tOWllT& thc mai)T rtst0ralc FwieL£ within its overnll stratt8y but 4150 #s an education and tnte]lig&Ke sh8r#)gffsowK thTwge ofother kniiwpoieias. The five main min.. . A ure2 of green energy - A heritage leg . A e¢ntr¢ for Cornm1ty, and a]Itu At the foTefrorf of all Pla will corrtinue kn be knlth ud saf. BcAh of the 7]ding$ thcm5elves and of COUTse all Vi8itors. The TnLsI works Wbthin tl %rythtOT numbET allow(% fiDm LB Newham and tk ind Fire Brigade. Particul8r attentw h&81w t4idknthis durinB the TEthi Publlc btnellt The publiL' b¢nefits of the proied ht been Teviewbj 11$ the bafft rnn•ins th¢ of the Grnde I lid HcMJse Mill its Tes¢orntiLv¥ to i workinB rnill. the periphual 8Te Tefine icularly in Tetation to the (kv¢lopmem of resithrrtial MlI]eS in Brthnlcy by Bow; hists)rically a guidarK% on public Eenefts. How Mill TrKdm8 rrxffl) b)okings )11 ranain sknv. foll78 the djanges to workin8 pwa¢tice during and sin¢x cOd 19. We 8re rtras%¥sing Ixst we of the IldishS th¥aTd5 a varie1> of es. and aLw ts) and grow th inconK strewn. Thue 1$ still very liuJ¢ PAssing trade on ThTe£ Mil15 Island. wJ41 thedethsw)n not to re4J1 (he cafe every thy aill rerna it would 6¢ lrmne-PTrdl. Where prxlicd saf4 8 promme of Adiviti¢& E%hib¥lions M¢¢tiD8S ¢On¢inues to be deliverèl. and in conjunctn with fAW nclBhih partne 8Th4 ten•ts. House Mill Iwk in the annual Natwl Mills Weekend (NMW) Initiati and yew a new srnttll exhIti is retr¢h and Frfcthxd within the entrwl<afe syc& so th ¢v¢n the wual visitry has t rtunIty ts) ttad leam a little various ofthE HtyMe Mtll.Th¢ arnual nalional Ow 14ouse and Ow H¢Fitsge held ith Se •J¥) fwAy bw events for Mill and key for
HO
E MILL
LTD
PORT
the
FTHE TRU
OtK¢ again, the Tn& ks L¥>ntoiued to of the smallw that were pjrt of the orlginal
8¢heme. This will Te5uIt in me varii¢xs (m any }vhole-TU projeL1 Tesubmtssth. This is main]y routirt
mAintenanc& repl8¢emc4rt of 11(%JrtLwds ffi the tknr of the Mill, Ing apprtyriate r¢&imed wtxxl, from
spec?a]ist SLW)li•¥ and inslalled by ¥toalist The Jwse this thisy¢ar. 15 of rows4
exten$tve Yefvrbishmerf to the retr ofth Iw bwldin
ha8 beth miwrttrwK% imwovwt WLYts within Milltrs How 8fbJ th"s Iws lryly been updatr and
rcplace sirths the v&nol Tea Yc4m. W(k5 tr) the Ft(wJse Afill Archwe tyJntinw with w)luntrer and truse
research ongoiTr& aT¥I a TCX)m >kn]fi% which wll emble wss to parts of tk lIvE where cenatn
artef&ts may bc viewty]. prrthbly In the by akp)inknpJtt. A new exhibitirn on the Hisw of the Hollse
Mill was prer for National Mills Weekend in May 2025. This has beth vuy Ct¢s$[u1 evth casual visitor tr>
the caf< aTrl tt has BeTvated intuesi in visitm8 thE HcdK4e Mill illf. lthng a t(w, in many iti5twtces. It remains
within the L ate4 as a semi.rthwMtt exhibTlion. for the Natnal Mills we£kend in 2026 is 'Mill$ the
rrf)w', which fits very wrll WTth the TTrL.s own 25rAh c¢kbr##xJ. thd is un
HO SE MILL TRugr Lll) £CISIERED NiIMBER: OJ RT OFTHE A more limit&l Yan8e of 8Livitits delTverèJ trmi81 the yew. in fAlItIL to the pthlic guid ts)urs and dwe once again Inclu Private group t(W gm tsing% several exhibbtiOTL% irk gallery. aT¥J a very sad wake for a young l<tat gcntleman who used to voluTrter at the Nril, and was loved. This was a JY41 for Houge Mill to h)st and to ixabk to wor¢rty bTrd fawell and th•ks OT% of th¢ Mill Yamil. Three Mills Church to knld Iheir 7Ar&ty servitts in the Ho]Lf th2ir &#ivitiu hav¢ itho a weekly youth group and a wetkly pwer rneeting. whil these are community Ily aTe 8eJw frc tTrK Trust &tiiilic5 aThJ Thged ar¥J run ir¥ktau#ly. The mlior art pie fiom The Line Sujfptr Ttsil vemaiD in Sit • Fntf/s How. 8e thll "Untiil print on the Tear of fiTSt fi<M)r. ovcrkx)kin8 the 88rden and the walkww ¥¥ to Three Mills Greu4 and the 'Jwil. wcthrwdne on the third lknr balcony. oveArxthin8 Three M5115 These continue ty bc enpyed by lkerS and visitors to the bjildings. Tnsmje the Milkes HLWSE caft area there 15 cwreTrtly an exhibii of wtyks by Glll, wded by LB Newham heritag& This the Iw of the 13N exhibiiK)rs within I, WMI links nicety with the other W8e Gill w(ks aNr¥rtly strffivmg8the ofTriine. Oth onni¥ersary celebrnlions. Wt are still in a time of Strugg to Trturn fo TTrpandemic nwnF¥s for hire and ¢ateJin8 for fv meding WLYns. ThEse hftd been & major 50wre of inrthK WTth the wrxking from And mediw bein8 Wd by zoom and fc inslanc4 li retMit)s likY tl P1(¥ hiTe levels will orfe win be &thievtiJ. The TnL5t 15 exp]orin8 Intio7 other w¢5 for ihe r(A)ms awlable aThl wll 8kn be k¥)kinB to rni5e Sla]i fimds knvaT& thur local buildiny in a similsr sitilati. Visitor nwnbers aye fv followi Art Gallay Classroom 765 1.207 635 GwdedTours, wial i)pthinAs¥mty Community 8TLXIF8 Total Visitors nurni5 (¢x¢hMliftg di8tslvisi¥A Ld ¢4fe i#ktsw#y eliETts) 1,971 1&743 Thtse numbers are disapnI1nIY a littk lower las¢ yw. HoKvu, Win8$ and S7¢ry spx¢ alre hishtr levels for the yetr ahe&l thd with the planned 1S(th FveJ)ts t) tske pJx¢ 2024 kn8tr L¥*J)i hour4 we eCOnfide4th they will furtheriNrt&% ITh ¢h of tht eatoI1¢s.
MI 1IgY LTD FTHETRusfEFS FINANCIAL REVIEW FlngllciAI t•)5ition The findla1 Tuuhs knthe yefjrth 30June J)25 in the l¥knl fumncial Strta (py I I to 131 Tots] iTwne incrtAsed fiom £4],(7 to £171429 8thd tcAal eXpdItie (l&j from £80.883 th £61704 it) wlththepTevS wKxl. This is lar8ety bet8 ofthepTh4cmio and rewltant elosJJre 017vitieS. fiTE alarni uFyle and di8itali5atiott of the T$ aT¢hiv¢ Th¢¥e was a net inE¥eaqe in of £l(ffJ.725 (2W24 . rt deueau¢ £39.8Z2) with totsl WNEStricttsl fun¢k (excludi th¢ desigrntedfiThSsl c4wriedfoTwsrdofQlX).095 (224. £190J701. RwerveJ •nd PoliLy and Risk Review It is the p)li¢y ofthe chwity to UOJYSthLJcI IoS * b lewj wht¢b ew kn •t leaK trre¢ Lwes ¢xpendibJTe. A5 •t 30 June 2025 the rwhird level £15.676. This rnvmlts sufficient futK15 ts) L¥)ver admtnistrioD A( the yew ¢nd the IWS rt8¢y¥%s of £51.5 iJ)24 . £IWJ70}. Cal1n8 the rt4ave4 Ihe trustets have excllth from totsj fi]Ththe vahx offix&4 le&s reled L111. The tru5tets have ah¥ays remaved the mai)r risks ty) which the crity is in wticu]8r dx)8e Telatcd to the •sqd8 including and fiMtKes of the dwity. the obwous the cthrtinued The House Mill ond The Mli levs House Iwve in5W at £11193J42 and al9.499 Y¢spethiv¢ty. Thege we rebuildin8 valu10Th5. Th¢ Ttusi's Bussntys Plon cordair 11 detsil$ of tre the Tffs 3nd inc)me expenditUTe PTojeclions for fivc years Yutor8tion. Thc Plan is TrLgt aTrJ a livbn8 &xumurt. The sInesS ¢ opoyu with the wnploym• ol¢y styff. WKpYieb by vole• the Howe Mill #sell ?) Ix open for at l¢st 5 day5 a wth xlme vaF1•i This wll make markdinB of the site much easier. and we ¢an w b)th Tesidents tourists alike. The café will Ee open up to 7 days a wyek (thpetsJin8 frKrfall) ld also with seay)nal V&ri&¥)ns. It also includes a full Tange of Evw hio hi gin I115 and wtdthn8s. s¢¢$$7 pilots have heldof all plwm¢d new xtsvit The pl indicatss that the will k flnancialty labl< with iKcme eduatwjn, fe4 evert%. etrporate hiT4 wc&lin8% enhthwxd ¢afé wMI sb)p hydA)llelectriLlty. Thu¢ is fiffther inc4)me from tenants and Fthntial for 11Kme from an evo)inglwtt&thd iw, be£n into the Plan, this . The Thjg had planvdlo exteTh4 its •Siviti4 ) dthllay tLMh ts Actsvity Pkn the Bu8intsg PM o)ntinue finan41 su51ainability in Adv¢¢ of the r¢styion IxoixL HowThv. thi5 h&$ Trjt beuj in the lisht of the tive out¢4)m¢softhe wdemi4 Is ststed elsvkn ab HoeT. Ihe TnL# k% tivdy W1ft8 to estsblish mode15 I8¥¢d fe use of IK4h bLmldings, Flous¢ Mill buildirbg. This wll Ir1 Evert exh month from Uthil OctoEo. with a Mew to IxAh promthnB Hse Mill MI its vwi(XLs pxsibi]iti4 ¥xI b) atrxt m¢ w fr(ffi k¢al re5ideMS in A of wolun*ring roks.
REPOlfTOF ThE TRusrK rthe JO Junt 21125 visitor cert and abA>. tstablish which of TThV &aivitses YeF¢al •MI induded ith the House Mill annual Hwf is licens&4 6y the LB hs apwoved for M¥ria8es in Pursuwe of Sxtion 2611) of The Marrio8e Ad 1949 2nd as a V¥Jue fv Civil Parnershi in Pursu of SCL1 6(3aXAI of The Civil PaTineTship Act 24. N0Weddin durin8thi8 yw. in ts majrrrity ofwoSJrw8 kng lead iti time iSTequired. e a clwity, whith TrA% thin8 year& ddiverin8 education 8nd ULspirin8 young pwple to make positive CholL aknut iswes that afftd their day to day liNts. athin Re&xion alx> w othtr p&ts of the building for Cjrristdwrth at ThTre Mills rcrts a rcrf)m on a wttk ty w¢¢k lrtsis f(v SWMIAY 1¢£. They we k&ing for a more pem)anent relati0Th8hip, if wibl< with pem)8nent rtntsl of the first tlrxx.. and diKw&sicm5 ¢ntinue around th& 8 final deLi$ion h&8 TK)t yet Ixen mAdo Mt in iew of Jditiml t7 thE Tru h&$ wkntified fly all its 0Th8ite ldent of House Mill TTU8t itself, aThl dwi18bk stays MThild ocrt k •ffated. and pop)sed. The Mill is on the cw of all of thcm i¥rt ts)t dirtxty inclu&d in altknugh the is in n¢i8hb)wtho)ds arriving and we aye pl8m)ing gxial events w whith (w lShb)Jrs will E¢ iwie4 learn the House Mill and the unkque indthqtriat krila8¢ on their thAy•. We this will ajso attrxt new volwrt¢ws FtMT has identifioj ts ed fry new ftjllowing varicws in the last few yen of the ThL ' ) move forward tC6th. and 10 develop ar¥1 to folknv the aRred Tn 5trW. to tmable m¢xe to delivered fiDm the gite. and T if f<yJnd viabk. Two new hwe sllY applioj thl will E¢ fonnally apTX)inted tst the 201V26 AGK Jo k held Wc J(tsk with ijw their SF¢ci&I skills and enthu5iawn towards ktepin8 tk Tn su¢&iThabl& The TTud will ¢ntinue kn outreh exislin& and kn develop , and thE 8TouTr4 for this kn been plwmed and prorned durin8 this year. lo come into fcr¢ dwin8 2(Y26. The yertOTati w(Kk $lk)uld t¢ cunpletc by t4inninR of Awil 2026 thi$ will an exc¢)]ert sprittgErfxrd fiom which to W(ffiKrtethe mim. andtO8Mratt SUPF4JL Since 191 December 2024 tTr¢ LL[£ plm¥ng F¢)WVg ha ce&1 Houye Mill cffKe again eoTne5 under the LB N¢wham. l.I.IK wll ¢CffltIn, sn evolwryq ty15&10n. delivErin8 and treltins i)•es f(v the loca) they Ttmirn xcountabk to the wle of thn)ugh fr¢ M&yor of offiLz is Th rd¢xthl ty the new City Hall building ID th¢ Royal Newham. We kx)k foTh¥ to disol01l% alKArt how House Mill may be included in the8eoFVAknili¢s. We Are akn iti rtgullr with the Ccmstsv Officer of tF¢ LB Newhwn, ot)d we rwd w thkS Iwe. in ticular in the supyt of Mill's (kty. owin8 ¥J tk tlrdin8 It1& sirtt the ch8ll8ts 10 the walm of thE Ilow BA¢k Rivtys. year review due 2026) and vekm)ts. The Tn ) the LD[ rUltIOn docume r¢B8rding the Broml¢y by knv SPD Mwlan lbIle Rc41m Strategy ih Novmthtr 2016. More entlY the Tn( ex1stingsewj1 ¥wkinB facilty J cthinin8 fimher 106 8814. The Trua eontinueB its rel*i(xthhp w5th Hi#OWiC Englwwj thx1 1$ for its sutwi ttrttialty 8Towid the restintK)n aThl the shaTty] c£wu71 of th raisirJ8 tith kvds at Three Mlll4 2Th4 lIrtI darn4e to the GTth I
Trusr ED FTHETRusrE Unfortunttly thur has been in di5CUS5¥M with Cml Ind RI Tn¥& Tewdin8 the instsllation of the cootrol stnKturE b) the ncffth of House Mill. aT¥] the high tide levels Corninw up the tidal ond into the building up r7 times thon EwtS8 dirgjfyl through lThreg is what Wd5 unknst£yxl prior 10 the WOTks Ing Commenc tn 2010. HE to mrmiknr this aThJ ¢thr T9Cd fk%xling i85w and is tin8 up We year that Hothse Mill Trust w&% apwrthd to l¥Jst 8Theditig of the lrtemabonal Tide Mill Conferenc4 due to take ple 2026. PelJ4K N)t surprisitt8ly leakLse of ts 8loFA] wJlIti situation at prwi tIK6¢ plan5 currently on hold. fleth) of the How Mill, itt reli( ty> tt ¢OtibJw¢d 11(KMJing •NI daTnoge to the Th)or. We a kdting into the tn5ts11ation of a metsl 8rille to erwe the t70 wll still be 81b14 and the whttb visiTrl4 to a]1 emergerny eVWJ8ti frnn the hitsT levek of E4Ah bJildin& slKwld itevu te n&e$l. The Tnlst 1$ ¢ommissK)ninB an rr and tligitsi trnn$f0Thil from * wofe&5ion CLwultsncy Éxjrnpmy. whith wll erk8ure tinued Lvmpliance in an areas. We we tn with 3 Mills SthJK6 regardin8 all teleoyn$. As they CUTrently nm throghththt pth ofts ISId andthue alfATrnted to beUpth to digitsl Savi. In adds¢ioTK the wcbsite will upgwthj aT¥J a sxial Tnedia reinAed to ensure fcffthcomin8 or¢nin&8 d events will be fiLIty01t This will eTthle H< Mill ¥) bECLYne nKx¢ visiThl¢ the IlIdin$ 15 Y$ty ¢ked aNI ty erMue that b)th thE ritage of the bJildin& ar44 the on8oin8 and firtwe are wdely pyblicig>J. FurthtsThcrfe. new iiems are ng ccmmisswY¢ with We illustraticS im4es f salE in the small on stte shop. and if kK6ybl¢ also via an on line wesenc£. We rtmain eLMMrted that the TTU4t a unique rnwif in the Kill. We @Te aware that we still need more volunteu& 8t)d sevml new TnM49, ottd art tAitrfd> seeking these. Thgr i8 progTtsS toward5 the atwintment of two key membus of sthff. x) that the Aaivity Pkn can nve WHkly d¢liv¢rttJ. and if p)&8iblt. I buildin8S OFen morc ofteTh for a ranBe of offers cdrtside of -ju5t" Mill aLiMtiES ThB neishkn are 8rrivin8, we very thit HLvtse Mill crr iuxYn¢ 8 foAI fortheml House Mill Trnst wll c£ffj11n to - ddiver a¢hievabl¢ mainThan¢e - deliver rrtw and excilin& safe. uses of the Eildin aThJ also to enabk the mhinay reA010n tske place ' tsywards s8vir8 the larwi runatninB iidal mill in the world After severnl quitt y¢&& scme and of tkgwid pl8Jmiw we beJi¢Ye the Tntyt <n 80 forwtrd with ts)#fidenee. It h&s the pthi< is in mithjle of 4 maic proje¢ snd th)ut to be 250 ye ofdl TheTC is rnwh to ot¢tffat¢ wn8 forwwd. retxirt h&8 in aLx*rdaTtt With the of kn 15 oftht Componi¢s Ac¢ 21XJfj rtlatinR ty Wnall companie&
HOU MIIL TRU LTD GISIERED NiJMBER: 01 RT FTHETR stRUCTURE,GOVERNANC.E AND MAP4AGEMEprr Governlng The charity is eontrolloj by its governirE a degd of i)?Tlti a limita4 LYThPry, limit&l by guayantee, &8 deffi[d by the CleS Act 21K)6. The TnLstc have apyoved Artbcles of A1)n that Ytpreseth the Trusts curyent obpLty aTMI whith have beem fikd with House a1 the Charity Commiwon. proFd & the continLW to wdl re8ularTevv. AdTtionalty. the rec plethora of Co&s of Prath"c4 Guidelirffj GDPR chan8ts in lesislation plact furtlKr Prswrts on buslees aThl volun1tt aliTre. The is COTtseiOUS of the rte4J ts) comply. to wlioes. aTMI wll endeavow to x). Govut)antr cover5 a ofrquiTeTrtThts. The WoTking GTOUP is drawin8 up new guidanc4 in line with tht NCVO guidan¢t f(¥ TPi¢m th•itiA but Mryth PrficulaT Telcvancc ts) Mill Th Retrnltment and •PPDlntnnt of Dew truth The Articks of ASCla[70n stipubote th there mu8t be a minimw of thTee trustees theTe 75 w nwimum number of tn]stees. AdditioTrd may •pwmt by th exisring truste¢s at w tirn< either to fill a C11 or As a addition kn the exi5tin8 kn]steu Any tru4e45 9) apkN)inl will IKJld offK¢ only until the next Annual Gee[al Meetin8 aThl will then irel11)It foTTtrdtttirm. PTQ8f8mme is available. AdditiOnlY. individual tsvae¢s may axtrmd training in # prtKulgr arta of their n)le on the (k)veming Ilc¥Jy. Th¢ Arti¢l¢s of AlIti wxlthj aTrJ will be finwliseAI avai)&ble in Summv 2026. The Tn]st Ttm&ins tthscicxts ofthe netd to mairtain itstnth nwnbeyS1wert1& 18 InthittSon gnd Tr4lnlDR of new tnmteu The ch8ritable enlity strives kF enswe eqwl ¢¥ithiiti¢S divmity in the emphYT[th of stsff and tr ap]X)intM Selection cviteria and woc•lwes rt8ularty ffvi¢wed ¢rwre ityjividuth selcthd prrAn(rt&q OrWItIon#l Strnttsbre Magement is exerris&l by the apFvopria ithreaty& OlCl is undertthen by threc of the direclor4 wl)o haNr involvemert with volynteer and The ned kn Opu81•1 stoff is identified thj the Trl iswY)rkingtowards eitiinin8 fttndinB key stsff wsition5. Worklng Gr04V Fach 8roup is chfiired by a Tnty wtth ¢¢th Mwking 8rrwp d&idin8 its own meditJ8 wlwty. •JK] TeFOrtin aLons directty to the The membus con5i5t of Twuste4 and key tAibius Tgthin8 bxk to thc mai For mKh ofthis yearth w(xkir8 ¢ittwmet Ivgety by on knld. Meetin8. one-third of the direct(n {tt¢ lry¢st sttwn8) aye (l)li8•1 to ]re from office. Fxh directy retirith8 is eli8ible for rtrelectirm. The Bowd kn the to a)In1 dItIo1 direc any diredor thNill8 th¢ y¢w must stand for clcG¢ion tht the n¢xl senernl Tntstees with ttl¢varf ¢wenc¢ OT exp are soUt Goin8 forward, &$ prThiously %1 (x( we hope kn atlTxI of the immediately local mnItIeS. and youn8eT advanced meet with T¥ neighFxMv5. and knth gaTkn p¥txs aTKI stred iayrLs aTe plaTmed to offer I)e opporbJnbtic& We hopE to en(j) ncw and exisling residtsts kn y)in tss 8TMI ks she thEiT thoughts both ort its (Nrrttrt wge 8nd FXltu)tiaJ in tt* fiJttar¢.
HOUSE MIiL IR LTD IstERED NIJMBER: 111 ew 8T wiik.rangrng Wilie% we ve brought to H(NJse Mill during the l&%t few Ye (kn Nx)luntrers er6we remin open f( the wbli¢ (m tsjr regu18r wbliskd opli. We thank them ail f( their ti)ntI eThthusi&%m aTKI supp)ri wit}M) which tk TTU4 ¢ThLld ortTatL TWI Jots within this yew. thus tK)sttng the guide loduclson training of new tThrtee8 The charitable entity Strivts eTwe divttw in the employmt¥rt of staff and tr awointments. Stled% ¢rityi& Mi pr •e regularly Teviewed iTMlivi¢hds Brt seleded. promoted 8rn1 ty¢8fylot) ls0f1burY¢kYI arKI Hbilitie The risk Tt8isr u kin8 rewritten r¢tled tk E&h ofthe wll identify the REFERENCE AND ADMIMsniATIVE DETAILS Registered Cor4nY 018896 (En$1 w¢$) 29L36 The Wller5 110e Thyte Mill Lene Brom1by.BOW E3 3DU Trust YJTJHwHty icb•)))D) MY W Hill MTsBLTh Mr A Cre88n lYemoN•J Octobv201fj) Mr O Ff8thTd Mr T Spa)din8 Mr J A Walt¢FS MT J HoAgryty Raffingtys Holdings Limitrd Chartered Accountants I20 BouTrK Court Southend Ro&d Woodford Green IG8 8HD
HOUSE MtiL TRUSf LID
EGTsfERED NUMBEIL 01
RE
F THE TRU
PRINCTrAL Acrivrry
The wincipal aLvity of the (x)mw 1$ the He Mil l Rethti Pmi&X aTh4 the 8im of The House Mill Tt
forntalty Rivtr [£4 fidaf Tr8¢ uxrtinues to Et thL'
. Pt(4luthon of hYdrje(ar1e Fower by using the 18th c• aknpidE 21st tiubints". unique in
. Incrcased safe usc of Ixrth buildin8s by the kd and 8[(W c4)MMl%$, 2nd ty wiolist millin9thna1
groups and SCI1$
All of which inNYJlv&s the Taisiro arkl rnaw¢ffl of Te
HOU MILL TRusf LIT> ALA U¢2125 lorlbe 3)25 2024 Totsl nds IiYCOME AP4D ENDOwmEs FROM IAThtion5 and ieBies 3.105 3,105 1.945 ChrltANe*thit 134M2 134,582 Other tring Xtivitie5 7.961 26,481 7,%1 26,481 4.156 Totsl IT2,429 171429 41.(hS1 EXPENDTfuRE ON Raising fimd8 431 431 7.415 GeneTAI $6xrJ 56273 73,468 Totsl 61704 61704 80,883 NET INCOMFJ(EXPENDmJRE) 109.725 109,725 139,822) RECONCILIATION OF FUNDS Totsl brou8ht foTwwd l%)J70 1499.578 2.689,948 2.729,770 T(yfAL FUN CARRIED FORWARD 3.095 14W.578 IM.673 1689.948
HOUSE MI Ugf LTD srERED NUMBEIL. 01 BAiANCE SH 2024 Totsl FIXED A&SETS Tarwibl¢ Sets 125J46 Z499J78 1624924 1625247 CURRETr StiKks io i.LhJo 4.769 171.480 C&sh at 171,480 1Tr249 177249 77.621 CREDrroK8 Amunts fAllinB due wthitb one 12 5MJ {12.9a7) NET CUIiRENf ArS 174,749 174.749 64,701 TOTAL ASSETS LFSS CURRENT LIABILMES 3j.(j)5 1499.578 2.799.673 1689,948 r4rr A&SfTS 3,(85 2,499,578 179J,673 2.689.948 FUNDS Unrestritd fiThKiy Rejtricted funds 13 ).095 149),578 I,370 2,499,578 TOTAL FUNDS 1799,673 1689,948 The charithble cornp 15 "t1¢d to ¢xryrtKn ffom a11 477 of the CLffnpffiies Aca 2(1)6 for the ye 30 Jyne 2025. 30 June 2025 in •ccrffdm with SelM 476 of the ComF•ft?es Act 26. Thetruslees ackT¥1 theirJwFKThibililb¢S (J) ¢n5uring thal the char¥th compw key xrx• tl4t (*mpty with 386 Ind 387 of the Cunpantes Aa and PY¢PBnng finarla7 ststements which give & tnx fair view of th¢ of affAirs of the thwitable company 8t the end of exh finanLxal yur thl of its sWpI or dtficil fLY etth fiTrancial year in aLYorts)ce with the requirrments of Stttiotts 394 and 395 aThJ which IthM"se ¢xThpty with the rv4uiTements ofthe Compthies Act 2006 latin8 to finzncaal far&% 4yllthktht ¢harithk P4c 12
USE MILL TRIJST LIT) EGISTEREDNUMBER. 01 subjedto the small cthnwiic5 The financial ststsments apw4 thE Boud of Tn&ets 2Tr1 for i%5UE 27 Mzrch X)26 aThl were Si8ttd on its Edlf by.. Mrj Ha88¢rty (C7)). Tn P4e13
FINAN rthe 30 Jwje ACCOiFf4TING POLICIES 1$ of pleriNg theflnwwlsif•ttexts Th¢ financial siatem•rts of the th¥rtaN¢ ¢xynpany. th.ch is a publi¢ beth unts FRS 102. havt prepar&t in ¥LOrdr with the (knits SORP (FRS 102) 'Ac¢tIng and R2fft2 by Charilies.. Si8t¢mMI of Re¢x)mmended Prndice aJ¥)IKthle to cl¢S their xx)UTts in acCOTd with the Finwal Re18 SthdaTd 4pli<able Th the UK aml Republir of ITdaryt (FRS 1112) {eff1ve l January 20191.. FitwKi81 RertIn& Sthdatd I£ Tr FstwKial Rewmting 8tthrd awlicabie in tl¢ UK and Republic of ITe]and' and the Comwi¢s Ad 2. Tr finanaal Iw prp¥fyl the histori1 &)st Exemp from preprine• lJ)w ststlTheÈ ExemplM)n h&q from prepfjring 8 ¢th Ibw 0)d8 the clwitAble cOmnY quaJifiÈs a&nall tsitsbleciffnwry. Income ts wbable thalthe iwme will re¢eiwJ and the ank)wrt can be meawred relbably. EXpdIre Liabilities ere Twognised A3 exditUTe thtte is a Iwl w o)Dstrwve 1110 c4)mmittin8 the ¢hgxity to that il is PTDbabk • transfeT of ecoTpJmic benEfts will be rwiired in dlem¢Dt 8nd the amoum of obliBaticffi c&n be me49Jred ttlIty. EXFthd1ti 15 aea)untd for on an a(lla1S b&sts and h&$ attributrd to P8rti¢ulw headin Iky Iwve al1 w t(tiities on a bBsis ¢4MiSnt with the of Depre£lat is I0vidEd at the folloin8 8nnud T8tes ITh or&r fo write off ¢¥h assd ovtt its Mthd Eful Debtors h rnatwial. T¥xgtlo The eomF4ny ii &)nsidered to the fÈ4ts set LNkt in Sdi. 6. l of the Aet 2010 and therefore it mee¢S ih¢ d¢finition of 4 ¢lwi¢N¢ cOmY for UK A¢¢4)rdingly. the compgny is pottntially exryDt fmm tyxati itt w)¢¢t of iTwne or wital Sai Ttttiv¢d smbij) c4te4otri&¢ wtJtd by R. l I, Ch. 3 of the Coryxyaticffi Tax Act 2010 & 256 of T8wicrb of awwble Gains Ad 1991 b) the extent th such iTKW¢lY 8oins gr¢4pplied ¢xdwiNrly w ¢hwi¥bl¢ purp UttrtStyi¢ted fuTrJs can t¢ used in T(dwith the0rIbIe (lyi$tthc di¢11n ofth¢In1¢¢& RestriL#ed ¢Jnty be used for rtStriaJ wthin the obiti#s of the ¢knity. Re5tridions FwthtrexplWw)n of the nature thJFw¥xeofe&th furd is iluded in the rKtss kn the fiMKial stthnth. h at bAnlK #Thl ID Cth at bank in knd rtpre5ents suth W)d I¢)stsW Ilth 8J¢ oval1k on dem9] or have a Tnatiwity ofies8 than three f<*m the date ofx4Wtyitm. for mor¢ than three iKrt less th
HOU E MIIL TRusf LID THE FINAP4CIAL ATEM andpvov(thn Creditor5 and PTovision ate when there is an obl18at1( bal8ncc she£t datr a result of a it 15 wrknble that a transfer of ecLwnic E¢ncfft will requircd in 5dtITr( aThl the amount of the settlemart cfjrt be estimatr41 Teliibjy. Cmjilots aThJ proms1 art wised al tte moment ttt tinticipAIts it will pay sellk the de Try FAV¢ kn disco lo the pwrt value ofth fikn cash pymarts whtre such discountiTrB Is material. qiMMif*l Yelithly. 2024 4,P56 2024 Rent 8nd hite of fpLilities 481 34.960 CHARfTABLE AcnvmEs c(1 05ts {gee ole5} 49268 56,273 SUPPORTCOSTS T(ts15 1.505 4.1ts) 7.C(>5 NcomMEXP[NDf5RE) jncomdl¢%FrfditiJTe) is 51at•J afkrthwgin(ryCdthnBl 2024 23 381 Pa8e 15 (¥mlnued...
Tru FIN ATE 30Jur 2024. Theremrre M ttwtees, exF#ts pid for0 ye4reThJul 30 June2(Q5 tsxfortheye&T thmkd 30 ]e 2024. INDEPr4D EXAMINERS FK Tr ITtht Ex2mittTS fets foTthe lOdTe£15{2O24.qw). TANGIBLE FIXED & equipmurt Totsls Ai l July 2024 and 30 June 2 2.611091 273299 DEPRECIATION At l July 2024 ChBe f( ye 48,052 323 48,2 323 AtJOjW2O25 48J7S 48J75 NET BOOKVALUE AIJOJur)t.2(QS 16U091 1.83J ?624,4 At 30 Jurrt 2024 1623,091 1156 2.625247 No dty¥t¢IIofi kn beth PTovithd again the CL* of the frtel¥)hl on the b&8is tht Tesidual value will be hlghttth thea%8t stst•J in the fintintitil Stsxks DEBTOIL8: AMOUPITS IIALLING DUEl1P4 ONE YEAR 2024 VAT 3.529 P4e 16 L))ntinued...
THE FINANCIALsfATiMEFffs-tontinped 11 CREDrroRS: Amourirs FALtJNG DUE wfrniN OT4E YFAR 2024 Acen5 •Jd deferred irorne 7,920 11920 11 MOVEMENTJN FUNI Net At 30.625 Al 1.7.24 in fim&8 UnJ*tTitted funth IWJ70 109.ns 3(x),095 Rutrfctod Grnrt 1]dIn0 T¢$thtl ( 23) l497Sty1 J.98J 1497.597 1.98J 1499578 1493,S78 TOTAL FUfvTJS 1689.948 109,725 17¢y4.673 N& Trbjvemert in in the 2ixy a$ kn110.. lty))ming in fi]nd5 Unrestricted fu Gernral fuFKI 171429 (62,704) 109.725 TOTAL FUNDS 171429 (62,704) 109.725 P4e 17 LWtind...
NiyfESTO THE FINANCIAL sfATEMENfs. continued foythp 13. MOVEMENf IN FirptDS. COMrat1 for movo)tAt ill fimds Trnisfe Ai 30.6.24 At 1.7.23 Unrtstrld•l (6,152) 235.595 (39.f221 236J24 (235.5951 I3T0 Rtstorati(XL of HrAV MIll 229.463 (39,822) 190J70 Reslricled fund5 Gr&nt &ided building Ytst(¥8tth (wt 2003} 497J97 2.710 1497.597 (T29J I5(j07 (729) 1499,576 TOTAL FUNIK8 IT29,770 (39.822) 1689.948 Movemeni in fillkqs ijnrutrieted Q¢neral fund 411 I,883) 139.8221 TOTAL FUNDS 47.(7 180.883) (39,822} Nme ol fund OrsTrt Ihded ilIding resknrnticn i%tqkslpre2(#)3) Tor¢kn the I list&1 H¢use Mill ilJ£ Mi)Ws Hous& R¢¥&wTrlxtse Mill Proje To en•bl¢ w8 to employ a ranBe of congult8nts upthe Iwentsl mèiorTesltion prO1L Ba8 for hdp P4¢18
HOUSE AN IdL RELATED PARTY DISCIA>SURES P4e 19
HOUSE Tru LTD i retthtothe my rAamin?1K ofthe fortheyew ayded 30 June X125. Rryonstbilitie5 aTrd hsi5 of TepDrt As the chan'ty's trustees of (•KI alg) Its di[5 fv the Of(ThiY knvl yiw we T¢8P)nsiNe the pr•icffiof th¢ x(x)un15 in the requiremats ofthe ComFthits Aa 21x16 2(K)6 Ad). Haviry8 sisfitd my5¢1f that the of the C(Arwy Te4D?rtd •) it alId unthr Pwt 16 of the 20tkn Act )d aye eligible fc¥ indepndtrtt exthniMtioN I w in Ye9w of ex8minaion of your c1w$ PL%X5ullts &8 carried oyt under Se70n 145 of the (Jjariliu Act 201 l Obe 2011 Aa). In LIng c#rt my examin1( I hav¢ followrd the D1ctionS 8ivtt)by theC1J8rity CcXnMioTr ynder S&aion 145(5)Ib) of the 201 I Ad. I have ciKnpleted my ¢xami•aiioD. l tt•)finn tha maws l•ve ¢Crfh% b) my in conne£¢w)n with the ex1118t1on 8ivin8 to Edie. aeeouriting TeLX>Tds vMe kept in TewtoftheCThnFwry ¥ rtryired by 386 A¢% or the &counts &) not accoTd with ikne rea)rds' L the acwunts {) ¢ompty with the WUiT¢mmts rf of the ALM (ther than any examination. or Re¢omnwOeAI Pr1¢¢ for *c(K1ng aTKI rewyting by ¢h¥rli¢s {rfjplithlc kn charitie5 Fn8 their accow in with the Finw)ml R4ffiin8 Stththrd inl1¢ UK &¥J Rtyublicof IrtId (FRS 102)). be thawn in ihksrr+¥)rt ID Erkn enable uTh4cththD8 ofthexu)JllJts to Etwrxbe MrThurairats)m Sud&rs Raffingers Holdin85 Limited 1920 Bowne Cow Wctsjford Green IG8 8HD 27 Mah 2026 P¥iO