## 

## 

## 



## 

## 

## 

|Conservatorsfrom|OliverBennettMBE—appointedbyDEFRAJanuary2021;reappointed|
|---|---|
|3April2024|February2024|
||DavidBrown—electedApril2024|
||SueBucknall—electedApril2021;re-elected2024|
||MichaelJohnston—electedApril2021;re-elected2024|
||WilliamLiu—electedApril2024|
||MauroMattiuzzo(Chairman)—electedApril2024|
||PeterShortt—appointedbyMinistryofDefenceSeptember2022|
|Conservatorsinoffice|OliverBennettMBE—appointedbyDEFRAJanuary2021,reappointed|
|duringthe2023/24|February2024|
|FinancialYear|SueBucknall—electedApril2021;re-elected2024|
||DavidHince—electedApril2018;re-electedApril2021;retiredApril2024|
||PeterHirsch—electedApril2018;re-electedApril2021;retired2024|
||MichaelJohnston—electedApril2021;re-elected2024|
||DianeNeilMills—electedApril2018;re-electedApril2021;|
||retiredApril2024|
||PeterShortt—appointedbyMinistryofDefenceSeptember2022|
||NigelWare—appointedbyHomeOfficeMarch2018;re-appointedMarch|
||2021.Termended13March2024|
|ChiefExecutive|StephenBound—until17May2023|
||ColinCooper—from<br>1September2023|
|PrincipalAddress|Ranger'sOffice|
||ManorCottage|
||WindmillRoad|
||Wimbledon|
||LondonSW195NR|
|RegisteredCharity|303167|
|Number||
|IndependentAuditors|KrestonReevesLLP|
||CharteredAccountantsandStatutoryAuditor|
||9DonningtonPark|
||85BirdhamRoad|
||Chichester|
||WestSussex|
||PO207AJ|
|Solicitors|BatesWells|
||10QueenStreetPlace|
||London|
||EC4R1BE|
|Bankers|BarclaysBankplc|
||8AlexandraRoad|
||Wimbledon|
||LondonSW197JZ|
|InvestmentAdvisors|CCLAInvestmentManagementLimited|
||OneAngelLane|
||LondonEC4R3AB|





## 

## 

## 

|Referenceandadministrativedetailsofthecharity,itstrusteesandadvisers||
|---|---|
|Conservators'report||
|Independentauditors’report||
|Statementoffinancialactivities|34|
|Balancesheet|35|
|Statementofcashflows|36|
|Notestothefinancialstatements|37-60|



## 

|WPCC|or|Charity|TheWimbledonandPutneyCommonsConservators|
|---|---|---|---|
|1871|Act||WimbledonandPutneyCommonsAct1871|
|Board|||TheBoardofConservatorsofWPCC|
|NLHF|||NationalLotteryHeritageFund|
|GAAP|||UnitedKingdomGenerallyAcceptedAccountingPrinciples|
|LGPS|||LocalGovernmentPensionScheme|





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## 

|Asnotedearlier,thepensionreserve,|Asnotedearlier,thepensionreserve,|<br>ifnegative,represents|<br>ifnegative,represents|thenetliabilityinrespectoftheLGPSand|thenetliabilityinrespectoftheLGPSand|thenetliabilityinrespectoftheLGPSand|
|---|---|---|---|---|---|---|
|iscalculatedinaccordancewiththe|specificrequirementsof|||the|FinancialReporting|Standardapplicable|
|intheUKandRepublicofIreland|(FRS102).Theobligationtoprovidepensions|||||<br>isbeingfundedby|
|regularcontributionstothepension|schemeout||ofthecharity’s||annualincomeat|aratedeterminedby|
|thescheme’sactuary.|||||||
|TheConservators’estimatedpotential||requirementsforreserves|||aresetoutinthetablebelow:||
||||||Min|Max|
||||||Requirement|Requirement|
|Provisionofworkingcapitaltocover||daytoday|fluctuations|in||£570,000|-|£630,000|
|incomeandexpenditureandmeet,||intheshortterm,either|||||
|unexpectedexpenses<br>orincome|shortfalls(equates<br>to|||~3|||
|monthsplannedrecurrentspend)|||||||
|Renovationworkstoestatebuildings|||||£295,000|-|£415,000|
|Estimatedcostofnexttriennialelectionsin2027|||||£65,000|£65,000|
|Costs<br>associated<br>with<br>changes||to<br>the|constitutional|||£45,000|£95,000|
|arrangements|||||||
|Totalrequirement|||||£975,000|£1,205,000|





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## 

## 



## 

## 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2024|2024|2024|2023|
||Note|£|z|£|£|
|Incomefrom:||||||
|Donationsandlegacies|3|88,549|98,863|187,412|244,430|
|Charitableactivities|4|2,079,070|-|2,079,070|1,881,991|
|Investments|5|44,438|-|44,438|47,392|
|Totalincome||2,212,057|98,863|2,310,920|2,173,813|
|Expenditureon:||||||
|Charitableactivities|6,7|2,327,649|153,685|2,481,334|2,463,084|
|Totalexpenditure||2,327,649|153,685|2,481,334|2,463,084|
|Netexpenditurebeforenet||||||
|gains/(losses)oninvestments||(115,592)|(54,822)|(170,414)|(289,271)|
|Net(losses)/gainsoninvestments|13|134,919|-|134,919|(58,842)|
|Netincome/(expenditure)||19,327|(54,822)|(35,495)|(348,113)|
|Transfersbetweenfunds|18|(15,717)|15,717|-|-|
|Netmovementinfundsbeforeother||||||
|recognisedgains/(losses)||3,610|(39,105)|(35,495)|(348,113)|
|Otherrecognisedgains/(losses):||||||
|Actuarialgainsondefinedbenefit||||||
|pensionscheme|23|1,000|-|1,000|2,678,000|
|Netmovementinfunds||4,610|(39,105)|(34,495)|2,329,887|
|Reconciliationoffunds:|18|||||
|Totalfundsbroughtforward||3,087,287|90,765|3,178,052|848,165|
|Netmovementinfunds||4,610|(39,105)|(34,495)|2,329,887|
|Totalfundscarriedforward||3,091,897|51,660|3,143,557|3,178,052|





## 

## 

||||2024||2023|
|---|---|---|---|---|---|
||Note|||||
|Fixedassets||||||
|Tangibleassets|11||1,334,381||1,270,905|
|Heritageassets|12||164,772||164,772|
|Investments|13||1,453,784||1,468,864|
||||2,952,937||2,904,541|
|Currentassets||||||
|Debtors|14|218,061||176,208||
|Cashatbankandinhand||284,038||384,185||
|||502,099||560,393||
|Creditors:amountsfallingduewithinone<br>year|15|(251,422)||(226,209)||
|Netcurrentassets|||250,677||334,184|
|Totalassetslesscurrentliabilities|||3,203,614||3,238,725|
|Provisionsforliabilities|17||(60,057)||(60,673)|
|Netassetsexcludingpensionasset|||3,143,557||3,178,052|
|Totalnetassets|||3,143,557||3,178,052|
|Charityfunds||||||
|Restrictedfunds|18||51,660||90,765|
|Unrestrictedfunds|18||3,091,897||3,087,287|
|Totalfunds|||3,143,557||3,178,052|





## 

|||2024|2023|
|---|---|---|---|
||Note|£|£|
|Cashflowsfromoperatingactivities||||
|Netcashusedbyoperatingactivities|20|(147,748)|(5,808)|
|Cashflowsfrominvestingactivities||||
|Dividends,interestsandrentsfrominvestments||44,438|47,392|
|Proceedsfromthesaleoftangiblefixedassets||9,241|6,350|
|Purchaseoftangiblefixedassets||(156,078)|(146,292)|
|Saleofinvestments||150,000|150,000|
|Netcashprovidedbyinvestingactivities||47,601|57,450|
|Cashflowsfromfinancingactivities||||
|Netcashprovidedbyfinancingactivities||-|-|
|Changeincashandcashequivalentsintheyear||(100,147)|51,642|
|Cashandcashequivalentsatthebeginningoftheyear||384,185|332,543|
|Cashandcashequivalentsattheendoftheyear|21|284,038|384,185|
|Thenotesonpages37to60formpartofthesefinancialstatements||||





## 

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## 

## 



## 

## 

## 

## 

## 

|Tangiblefixedassetsarecarried|atcost,<br>net<br>ofdepreciationand anyprovisionforimpairment.|
|---|---|
|Depreciation<br>isprovidedatratescalculatedtowriteoffthecostoffixedassets,less theirestimated||
|residualvalue,overtheirexpected|usefullivesonthefollowingbases:|
|Freeholdbuildings|-25-50years|
|Long-termleaseholdproperty|<br>-Lifeoflease|
|BeverleyBrookWCBridge|-25years|
|Plant,machineryandequipment-3-10years||
|Fixturesandfittings|-5-15years|
|Computerequipment|-4years|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2024|2024|2024|2023|
||£|£|£|£|
|Grantsanddonations|88,549|98,863|187,412|244,430|
|Total2023|88,891|155,539|244,430||
|LegaciesintheyearwereEnil(2023:£nil).|||||
|Incomefromcharitableactivities|||||
|||Unrestricted|Total|Total|
|||funds|funds|funds|
|||2024|2024|2023|
|||£|£|£|
|Levy||1,490,567|1,490,567|1,323,329|
|Countrysidestewardship(government)grant||22,819|22,819|40,218|
|Sportsfacilities||376,841|376,841|338,115|
|Propertyrentandwayleaves||162,276|162,276|124,373|
|Rentfromfilmingandfairs||26,566|26,566|25,642|
|Publicationsales||1|1|2,647|
|Othergrantincome||-|-|18,163|
|Eventsincome||-|-|9,504|
|Total2024||2,079,070|2,079,070|1,881,991|
|Total2023||1,881,991|1,881,991||





## 

## 

## 

||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2024|2024|2023|
||£|£|£|
|Investmentincome|44,438|44,438|47,392|
|Total2023|47,392|47,392||



## 

## 

||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2024|2024|2024|2023|
||£|£|£|£|
|Conservancyactivity|2,327,649|153,685|2,481,334|2,463,084|
|Total2023|2,372,385|90,699|2,463,084||



## 

||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2024|2024|2024|2023|
||£|£|£|£|
|Conservancyactivity|1,939,681|541,653|2,481,334|2,463,084|
|Total2023|1,681,626|781,458|2,463,084||





## 

## 

## 

## 

||Conserv-|||
|---|---|---|---|
||ancy|Total|Total|
||activity|funds|funds|
||2024|2024|2023|
||£|£|£|
|Windmill|73,676|73,676|17,454|
|KeepersandCommonssecurity|563,810|563,810|524,224|
|Commonsmaintenance|792,114|792,114|694,142|
|Playingfieldsmaintenance|280,346|280,346|235,710|
|Propertymaintenanceandimprovements|229,735|229,735|210,096|
|Total2024|1,939,681|1,939,681|1,681,626|
|Total2023|1,681,626|1,681,626||





## 

## 

||Conserv-|||
|---|---|---|---|
||ancy|Total|Total|
||activity|funds|funds|
||2024|2024|2023|
||£|£|£|
|Administrationstaffsalaries|123,378|123,378|175,518|
|Auditandaccountancy|17,700|17,700|16,878|
|Officeexpenses|24,341|24,341|26,997|
|Insurance|48,435|48,435|66,368|
|Utilitiesandservices|36,984|36,984|27,690|
|Advertisingandprinting|14,200|14,200|17,190|
|ComputerandITsupport|43,588|43,588|33,126|
|Events|20,201|20,201|33,470|
|Counciltax|28,898|28,898|27,451|
|Definedbenefitpensioncostinexcessofcontributionspaid|23,000|23,000|238,000|
|(Profit)<br>/lossonsaleoffixedassets|(3,000)|(3,000)|(4,319)|
|Interestcostonpensionliability|(22,000)|(22,000)|59,000|
|Legalfees|48,440|48,440|25,724|
|Professionalfees|68,991|68,991|36,751|
|Baddebts|(624)|(624)|1,614|
|NLHFexpenses|5,000|5,000|-|
|Electioncosts|64,121|64,121|-|
|Total2024|541,653|541,653|781,458|
|Total2023|781,458|781,458||





## 

## 

||2024|2023|
|---|---|---|
||£|£|
|StaffSalaries|||
|Wagesandsalaries|1,035,169|975,008|
|Socialsecuritycosts|111,377|106,940|
|Otherpensioncosts|228,031|423,412|
||1,374,577|1,505,360|



||2024|2023|
|---|---|---|
||No.|No|
|ChiefExecutive|1|1|
|DeputyClerkandRanger|1|1|
|Administration|3|3|
|ConservationandEngagementOfficer|1|1|
|Security|7|7|
|Maintenance|8|8|
|PlayingFields|4|3|
|Property|1|1|
|FundraisingManager|1|1|
||27|26|



|2024|2023|
|---|---|
|No.|No.|
|-|1|





## 



## 

|||Long-term|Beverley|Commons|Playing||||
|---|---|---|---|---|---|---|---|---|
||Freehold|leasehold|BrookWC|plantand|fields|Fixtures|Computer||
||buildings|property|bridge|machinery|equipment|andfittings|equipment|Total|
||£|£|£|£|£|£|—£|£|
|Costorvaluation|||||||||
|At1April2023|1,528,939|207,336|36,859|359,629|99,217|100,646|24,556|2,357,182|
|Additions|102,513|-|-|2,420|48,000|1,150|1,995|156,078|
|Disposals|-|-|-|(2,341)|(28,582)|-|(480)|(31,403)|
|Revaluations|-|(2,872)|-|-|-|-|-|(2,872)|
|At31March2024|1,631,452|204,464|36,859|359,708|118,635|101,796|26,071|2,478,985|
|Depreciation|||||||||
|At1April2023|526,895|111,409|737|260,261|76,433|94,717|15,825|1,086,277|
|Chargefortheyear|45,026|7,069|1,473|16,648|6,736|2,736|3,801|83,489|
|Ondisposals|-|-|-|(2,341)|(22,344)|-|(480)|(25,162)|
|At31March2024|571,921|118,478|2,210|274,568|60,828|97,453|19,146|1,144,604|
|Netbookvalue|||||||||
|At31March2024|1,059,531|85,986|34,649|85,140|57,807|4,343|6,925|1,334,381|
|At31March2023|1,002,044|95,927|36,122|99,368|22,784|5,929|8,731|1,270,905|





## 

## 

|||||||Heritage|
|---|---|---|---|---|---|---|
|||||||assets|
|||||||2024|
|||||||£|
|Carrying|value|at||1|April2023|164,772|
|Carrying|value||at||31March2024|164,772|



## 

||Listed|
|---|---|
||investments|
||£|
|Costorvaluation||
|At1April2023|1,468,864|
|Disposals|(150,000)|
|Revaluations|134,920|
|At31March2024|1,453,784|
|Netbookvalue||
|At31March2024|1,453,784|
|At31March2023|1,468,864|





## 

## 

## 

||2024|2023|
|---|---|---|
||£|£|
|Duewithinoneyear|||
|Tradedebtors|146,502|77,173|
|Otherdebtors|36,390|19,187|
|Prepaymentsandaccruedincome|35,169|79,848|
||218,061|176,208|
|Creditors:Amountsfallingduewithinoneyear|||
||2024|2023|
||£|£|
|Tradecreditors|53,392|80,674|
|Othercreditors|96,434|50,898|
|Accrualsanddeferredincome|101,596|94,637|
||251,422|226,209|



## 

## 

||2024|2023|
|---|---|---|
||£|£|
|Deferredincomeat1April2023|40,365|40,693|
|Resourcesdeferredduringtheyear|38,330|40,365|
|Amountsreleasedfrompreviousperiods|(40,365)|(40,693)|
|Deferredincomeat31March2024|38,330|40,365|





## 

## 

## 

||Provision|
|---|---|
||forliabilities|
||£|
|At1April2023|60,673|
|Changeindiscountrate|(2,872)|
|Interestcostchargedtoexpenditure|2,256|
||60,057|





## 

## 

||||||||Balanceat|
|---|---|---|---|---|---|---|---|
||Balanceat|1|||Transfers|Gains/|31March|
||April2023||Income|<br>Expenditure|in/(out)|(Losses)|2024|
|||£|£|<br>£|£|£|£|
|Unrestricted||||||||
|funds||||||||
|Designated||||||||
|funds||||||||
|ElectionSinking||||||||
|Fund|40,008||-|(64,121)|24,113|||
|Generalfunds||||||||
|General||||||||
|Conservancy||||||||
|Fund|3,047,279||2,212,057|(2,262,528)|(39,830)|134,919|3,091,897|
|DefinedBenefit||||||||
|Pension|-||-|(1,000)|-|1,000||
||3,047,279||2,212,057|(2,263,528)|(39,830)|135,919|3,091,897|
|Total||||||||
|Unrestricted||||||||
|funds|3,087,287||2,212,057|<br>(2,327,649)|(15,717)|135,919|3,091,897|
|Restricted||||||||
|funds||||||||
|Windmill||||||||
|Restoration||||||||
|Fund|15,957||20,000|<br>(35,957)|-|||
|PutneyLower||||||||
|Common<br>maintenance|9,379||-|=|.|||
|Horseride||||||||
|Appeal|35,332||13,119|<br>(11,261)|-|||
|WildlifeGarden||||||||
|Appeal|3,940||276|<br>(11,721)|7,505|||
|BeverleyBrook||||||||
|WCBridge||||||||
|Appeal|2,141||-|-|-|||
|Footpath||||||||
|Restoration|16,871||59,231|(79,174)|3,072|||
|Bogrestoration||||||||
|project|-||6,073|<br>(3,287)|-|||
|OrchardPutney||||||||
|Lower||||||||
|Common|-||164|<br>-|-||164|
|||||Page51||||





## 

## 

|||||||||Balanceat|
|---|---|---|---|---|---|---|---|---|
||Balanceat|1||||Transfers|Gains/|31March|
||April2023||Income||Expenditure|in/out|(Losses)|2024|
|||£||£|£|£|£|£|
|Queensmere|||||||||
|restoration|||||||||
|project|7,145||-||(12,285)|5,140|-|-|
||90,765||98,863||(153,685)|15,717|-|51,660|
|Totaloffunds|3,178,052||2,310,920||(2,481,334)|-|135,919|3,143,557|





## 

## 

|||||||Balanceat|
|---|---|---|---|---|---|---|
||Balanceat|||Transfers|Gains/|31March|
||1April2022|Income|<br>Expenditure|in/(out)|(Losses)|2023|
||£|£|<br>£|£|£|£|
|Unrestricted|||||||
|funds|||||||
|Designated|||||||
|funds|||||||
|ElectionSinking|||||||
|Fund|20,004|-|-|20,004|-|40,008|
|Generalfunds|||||||
|General|||||||
|Conservancy|||||||
|Fund|3,093,293|2,018,274|(2,075,385)|69,939|(58,842)|3,047,279|
|DefinedBenefit|||||||
|Pension|(2,381,000)|-|(297,000)|-|2,678,000|-|
||712,293|2,018,274|(2,372,385)|69,939|2,619,158|3,047,279|
|Total|||||||
|Unrestricted|||||||
|funds|732,297|2,018,274|(2,372,385)|89,943|2,619,158|3,087,287|
|Restricted|||||||
|funds|||||||
|Windmill|||||||
|Restoration|||||||
|Fund|19,468|24|(3,535)|-|-|15,957|
|PutneyLower|||||||
|Common|||||||
|maintenance|-|-|-|9,379|-|9,379|
|Horseride|||||||
|Appeal|26,355|18,617|<br>(9,640)|-|-|35,332|
|WildlifeGarden|||||||
|Appeal|18,115|195|<br>(14,370)|-|-|3,940|
|Footpath|||||||
|restoration|9,100|16,553|<br>(8,782)|-|-|16,871|
|BeverleyBrook|||||||
|WCBridge|||||||
|Appeal|15,000|23,800|<br>-|(36,659)|-|2,141|
|BeverleyBrook|||||||
|PLCBridge|||||||
|Appeal|5,509|16,223|<br>(15,129)|(6,603)|-|-|
|Cricketnets|22,321|17,991|-|(40,312)|-|-|
||||Page53||||





## 

## 

## 

||||||||Balanceat|
|---|---|---|---|---|---|---|---|
|||Balanceat|||Transfers|Gains/|31March|
||1|April2022|Income|Expenditure|in/(out)|(Losses)|2023|
|||£|£|E|£|£|£|
|Purchaseofland||-|12,972|-|(12,972)|-|-|
|Bogrestoration||||||||
|project||-|35,388|(35,388)|-|-|-|
|OrchardPutney||||||||
|Lower||||||||
|Common||-|6,631|(3,855)|(2,776)|-|-|
|Queensmere||||||||
|restoration<br>project||-|7,145|-|-|-|7,145|
|||115,868|155,539|(90,699)|(89,943)|-|90,765|
|Totaloffunds||848,165|2,173,813|(2,463,084)|-|2,619,158|3,178,052|





## 

## 

||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2024|2024|2024|
||£|£|£|
|Tangiblefixedassets|1,334,381|-|1,334,381|
|Fixedassetinvestments|1,453,784|-|1,453,784|
|Heritageassets|164,772|-|164,772|
|Currentassets|450,439|51,660|502,099|
|Creditorsduewithinoneyear|(251,422)|-|(251,422)|
|Provisionsforliabilitiesandcharges|(60,057)|-|(60,057)|
|Total|3,091,897|51,660|3,143,557|





## 

## 

## 

## 

## 

|||Unrestricted|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2023|
||||£|£|£|
||Tangiblefixedassets|1,270,905||-|1,270,905|
||Fixedassetinvestments|1,468|864|-|1,468,864|
||Heritageassets|164,772||-|164,772|
||Currentassets|469,628||90,765|560,393|
||Creditorsduewithinoneyear|(226,209)||-|(226,209)|
||Provisionsforliabilitiesandcharges|(60,673)||-|(60,673)|
||Total|3,087|287|90,765|3,178,052|
|20.|Reconciliationofnetmovementinfundstonetcashflowfromoperating|||activities||
|||||2024|2023|
|||||£|£|
||Netexpenditurefortheperiod(asperStatementofFinancialActivities)|||(35,495)|(348,113)|
||Adjustmentsfor:|||||
||Depreciationcharges|||83,489|82,929|
||Losses/(gains)oninvestments|||(134,920)|58842|
||Dividends,interestsandrentsfrominvestments|||(44,438)|(47,392)|
||(Profit)/lossonthesaleoffixedassets|||(3,000)|(4,319)|
||(Increase)/decreaseindebtors|||(41,853)|(45,604)|
||Increase/(decrease)increditors|||25,213|(328)|
||Pensionfundadjustments|||1,000|297,000|
||Interestcostonprovision|||2,256|1,177|
||Netcash(usedin)/providedbyoperatingactivities|||(147,748)|(5,808)|
|21.|Analysisofcashandcashequivalents|||||
|||||2024|2023|
|||||£|£|
||Cashinhand|||284,038|384,185|
||Totalcashandcashequivalents|||284,038|384,185|





## 

## 

|||||At|1April||At|31March|
|---|---|---|---|---|---|---|---|---|
||||||2023|Cashflows||2024|
||||||£|£||£|
|Cashat|bankand|in|hand||384,185|(100,147)||284,038|
||||||384,185|(100,147)||284,038|



||At31March|At31March|
|---|---|---|
||2024|2023|
||%|%|
|Discountrate|4.9|4.8|
|Futuresalaryincreases|3.9|3.9|
|Futurepensionincreases|2.9|2.9|





## 

## 

## 

## 

||At31March|At31March|
|---|---|---|
||2024|2023|
||Years|Years|
|Mortalityrates(inyears)|||
|-foramaleaged65now|20.8|21.1|
|-at65foramaleaged45now|22.0|22.3|
|-forafemaleaged65now|23.3|23.5|
|-at65forafemaleaged45now|24.7|25.0|
|TheCharity'sshareoftheassetsintheschemewas:|||
||At31March|At31March|
||2024|2023|
||£|£|
|Equities|3,850,000|4,344,000|
|Gilts|265,000|521,000|
|Property|680,000|551,000|
|Cashandotherliquidassets|1,705,000|345,000|
|Diversifiedgrowth|564,000|838,000|
|Multiassetcredit|795,000|711,000|
|Infrastructure|1,073,000|1,105,000|
|Totalfairvalueofassets|8,932,000|8,415,000|



## 

||2024|2023|
|---|---|---|
||£|£|
|Currentservicecost|(220,000)|(422,000)|
|Netinterestincome/(cost)|22,000|(59,000)|
|Administrativeexpenses|(8,000)|(6,000)|
|TotalamountrecognisedintheStatementofFinancialActivities|(206,000)|(487,000)|





## 

## 

||2024|
|---|---|
||£|
|Openingdefinedbenefitobligation|8,068,000|
|Contributionsbyschemeparticipants|70,000|
|Benefitspaid|(320,000)|
|Servicecost|220,000|
|Interestexpense|381,000|
|Changeinfinancialassumptions|(113,000)|
|Changeindemographicassumptions|(116,000)|
|Experienceloss onobligation|23,000|
|Closingdefinedbenefitobligation|8,213,000|
|MovementsinthefairvalueoftheCharity'sshareofschemeassetswereasfollows:||
||2024|
||£|
|Openingfairvalueofschemeassets|8,415,000|
|Interestincome|403,000|
|Contributionsbyemployer|205,000|
|Contributionsbyschemeparticipants|70,000|
|Returnonassets|167,000|
|Otheractuarialgain/(losses)|-|
|Benefitspaid|(320,000)|
|Administrationexpenses|(8,000)|
|Closingfairvalueofschemeassets|8,932,000|





## 

|For|theYearEnded31March2024|||
|---|---|---|---|
|||2024|2023|
|||£|£|
||Totalactuarialgains/(losses)ondefinedbenefitpensionscheme|||
||Returnonassets|167,000|(1,098,000)|
||(Increase)inrestrictionofsurplus|(372,000)|(347,000)|
||Changeinfinancialassumptions|113,000|4,110,000|
||Changeindemographicassumptions|116,000|279,000|
||Experiencelossonobligation|(23,000)|(266,000)|
||Total|1,000|2,678,000|
|24.|Financialinstruments|||
|||2024|2023|
|||£|£|
||Financialassets|||
||Financialassetsmeasuredatfairvaluethroughincomeandexpenditure|1,453,784|1,468,864|



##