REGISTERED COMPANY NUMBER: 05809200 IEngland and Wale51 REGISTERED CHARITY NUMBER.. 528448 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 Dècembèr 2024 FOR The Bradley Trust Deans CharteTed Accountant5 Gib50n Hwse Hurricane Court Hurricane Close Stafford 5T16 IGZ
THE BRADLEY TRUST CONTENTS OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBfR 2024 Page Report of the Trustees IndependÈnt Examiner's Report ststement of Financial Activitie5 Balance Sheet Notes lo the FinancTral Stateménts 16 Detailed Statement of Financial Artivitie5 17
THE BRADLEY TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 310ECEMBER 2024 The trustees who are also dirertors Of the charity for the purposes of the Companies Act 2006, present their report w&th the financial Statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Char1ties.' Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Fin3n£ièl Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective l Jènuary 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity was originally formed in the 16th rttury and ha5 CQFltinued vntil the present day. In its present form the Charity is governed by a Trust Deed dated 26 October 1989 as amended on 29 January 1991. REFERENCE AND ADMINisfRATIVE L)ETAILS Registered Company number 05809200 IEngland and Walesl Registered Charity number 528448 Registered office clo Mr S Richards 9 Elm Drive Bradley Stafford ST18 9DY Trustees Mrs Ann Gou£h Mrs Ingrid Mather Mr Robert Turner Mr Graham Wright Mr Robert Fletcher Mr John Cartwright Rev Catherine Brumlitt Mrs Susan Holliday Mrs Tracey Hitchenor Mr Tony Kettle Mrs Lydia R0551 Chair Vice-chair Resigned 21" May 2024 Appointed IO, May 2024 Appointed 8 May 2024 Appointed 23rd July 2024 Company Secretary Mr Stuart Richards Indepeftdent Examiner Dean5 Chartered Accountant5 Gibson House Hurricane Court Hurricane Close 5tafford 5T16 IGZ Page I
THE BKAOLEY TRUST REPORTOFTHETRUSTEES FOR THE YEAR £NDED 31 DECEMBER 2024 Background The charity was Originally formed in the 16, century and is governed by a Trust Deed dated 26 October 1989, as amended on 29 January 1991. The Trust is presently in the proce55 of creatin8 a new CIO number 1205599 3nd transferring Its assets to the new charitable orgènisation. This 15 proving an arduous process ènd discussions with the CharTties Commis5ioTr and the Trusts legal advisors are ongoing. Objective5 & AciivÉties The piovision and maintenance of a village hall lor the inhabitants of the Parish of Bradley and immediate neighbourhood for use of meetings, lecrures and classes,. and other forms of recreation and leisure. To advance education through the provision of grants to students within the Parish also, providing grants to local primary Schools attended by children of the Parish To advance religion and for public benefit through pTovislon ol grants to Support activitieg of St Mary and All Saint5, the Parish church of 8radl8v For public bellefit, to a5515t residents of the Parish who are in need by reason of age, ill health, disability or financial hardship through the provision of grants The Trust is not actively involved in fund raising actNities.. It derives its income from the rental of properties and farmland that it owns together with nominal contributions for use the hall. Athievefftènt5 & Performance In line with the governing document, during the year the Trust ha5 maintained and made rmprovernents to the village hall and its properties, including updating the heating system in the main funrtion rooms of the village hall. The Trust provides financial support to the running of activlties and classes in the ttall for the benefit of residents and user%. The Trust also provides land for use as allotments as well as land for a children's park and play area at the rear of the hall (for 2024 maintained by the Parjsh Council) In addition. the Trust ha5,, approved gr3nts to individu315 in sijpport of further education and learning awarded grants to schools in neighbourin8 villages of Haughton and Church Eaton approved grant to Bradley Parish Church With the closure of the village pub during the year the hall has further svpported local groups and events e.g. NeighbDurhood Watch, trial provision of a community Shop. village mèrket event5 and Chri5tma5 gèt together. PublTrt Beneftt The trustees consider the activitie5 Outlined above provide benefit5 to residents of the Parish of 8radley and the immediate neighbourhood. The tTUStees confirm they have complied wth the requireTnent5 of Section 17 of the Charitie5 Act 2011 to have due regard to the public benefit guidance published by the Ch&rity Commissign for England and Wales. Firsancial Review The average annual income to the Trv5t from rental of landlproperty and investments is circa £40k. However, in 2024 the Trust has received a substantial legacy from a Bradley resident and former Trustee. To date the Trust has received £500,000 with the remaining balance being held bythe deceased Estate 501icitor5to be forwarded following finalisation of the Estate. This fortuitous Income has been invested Ill an easy acce55 savei account earning interest, pending decisions on best use of this windfall future 5pellding plans to seture the ongoing success and future of the Trust. In 2024, the Trusts total spending was £45k. with £24k being on property and £IOk on education grants and support of Bradley Parish Church. The Trust managed increased energy costs in year for the hall because of rising prices bul also because we had invested in a 'greenerf energy system running on electriclty. The full details of the financial results for 2024 are Shown on page5 4-5 of this report. Page 2
THE BR14DLEY TRusr REPORTOFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 For 2025, the Trust is planning a full building survey of the village hall and other properties, to inform of spending requirement5 for further upgrading and maintenance so ensuring their ongoing availability for future generatians. Also, following a request from the Parish Council, the Trust h3s agreed responsibility for on8uing provision of the village playground and field. Policy on Reserves As at 31 December 2024, the charity had total reserves of £2.268.15112023 £1,734.8771, this mainly being mède up of land and buildings l£1,171,0331 and inve5tments1£484,8331. The income from assets and investments is considered adequate to maintain buildings for future years and to provide grants and donations which satisfy the charities objectives. The trustees have adopted a reserve5 policy which should ensure funds to cover 12 months running costs of the trust. Investment Pollty and objective5 The trust deed authori5es the trustees to make and hold Investments. Subject to rules of the Charity Commission, all sum5 aTe invested in trust for the charity. Appointment of Trustees Appointment is governed by the trust deed of the charity_ InductFon and training of trustees New tru5tee5 are inducted into the workin8s ol the trust and the respofisibilitie5 of a charity trustee by di5CU55ing matters with existing trustees and referring to the clerk. They are encouraged to attend exteinal courses as necessary and read the appropriate documents. as publ*shed by the Charity Commission. Organisation Strurture Day to day running 3nd management is delegated to the clerk of the trustees. The trust rneets a minimum of 6 times year and the tru5tee5 are responsible for the management duties whtch are carried out on a voluntary basis. Major Risks The trustees keep the activities of the trust under review. Procedures are in place to monitc&r any risks to mitieate anv impact that may arise and the effect it May have on the future of the trust. Thi5 include5 irisur&nce cover where pplicable. Approved by order of the board of trustees on nd signed on it5 behalf bv.. Mr ohn Cartw ght- Trustee Page 3
INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEES OF THE BRADLEV TRUST Independent examiner's report to the trustees of The Bradley Trust I'ih* Companv'l I report to the charity trustees on my examination of the account5 of the Company for the year ended 31 December 2024. Responsibilities and basls of report As the charity's trustee5 of the Company land its directors for the PUTposes of Eornpany lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companie5 Act 20061'the 2006 Att'l. Having 5at15fied myself that the accounts of the Company are not required to be audited under Part IG of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 20111'the 2011 Act'l. In carrylng out my examination I have followed the Directions given by the Charity Commission unde¥ Section 145151 Ibl of the 2011 Act. Independent examinerfs statement I have completed my exatnination. I conflrm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act- or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirement5 of Section 396 of the 2rx)6 Act other than anv requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination,. OT the accounts have not been prepared in accordance with the methods and principles csf the Statement of Recommended Practice for accounting and reporting by ch3ritie5 (applicable to charlties preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK amd Republic of Ireland IFRS 10211. I have no concerns and have corne across no other matters in connection with the examination to which attention should be drawn in this report in ordei to enable a proper understanding of the accounts to be reached. Gareth Jones FCCA Dean5 Chartered Accountants Gib50n House Hurricane Court Hurricane Close stafford 5T16 IGZ Date.. Page 4
THE BRADLEY TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 tJECEMBER 2024 2024 Total funds 2023 Total funds Endowment funds Restrirted funds Note5 INCOME AND ENDOWMENTS FROM Donation5 and legacies 500.000 500,000 Charitable artivitles Income from charitable activities 25,722 3,690 29.412 28,9S5 Investment income Other incorne 7,069 1,653 7,069 1,653 7,940 1,163 Total 534,444 3,690 538.134 38,058 EXPENDITURE ON Raising funds Charitable activities Galnsllltsssesl on revaluation ol investments Governance costs 13,5451 123,93Ql 43,438 13,0001 12,963 13,5451 141,7531 43.438 13,0001 14.8601 13,1951 134,8811 26,461 11,1581 112,7731 117,8231 117,8231 NET INCOME/IEXPENDITLIREI 547,407 114,1331 533,274 25,285 Gross transfers between funds 114.1331 14.133 RECONCILIATION OF FUNDS Total funds broijght forward 1,578.482 156,395 1.734,877 1,709,592 TOTAL FUNDS CARRIED FORWARD 2,111,756 156,395 2,268,151 1.734,877 Page 5
THE BK4DL£Y TRUST BALANCE SHEET 31 December 2024 2024 Total fund5 2023 Total fund5 Endowment funds Restricted funds Notes FIXED ASSETS Investments at Market Value Tangible assets 484.833 1,021.033 1.505,866 484,833 1,171,033 1,655,866 443,131 1,157,000 1,60Q,131 io 150,000 150,000 CURRENT ASSETS Debtors Cash at bank and In hand li 2,873 606 017 608.890 2.873 612 412 615,285 2.747 133 157 135,904 6,395 CREDITORS ATnounts falling due within one year 12 13,OOQI 13,0001 11,1581 NET CURRENT ASSFrs 605,890 6.395 612,285 134,746 TOTAL ASSEfS LESS CURRENT LIABILITIES 2,111,756 156.395 2,268,151 1,734,877 NET ASSErs 2.111,756 156,395 2,268,151 1,734,877 FUNDS Endowment funds Restricted funds 13 2.111,756 156.395 1,578,482 156.395 TOTAL FUNDS 2,268,151 1,734,877 The charitable company is entitled to exernption from audit under Section 477 of the Companies Act 2006 for the yea¥ efided 31 December 2024. The rnember5 have not required the compally to obtain an audlt of It5 financial 5tatefflents for the year ended 31 December 2024 in accoTdafice with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilitie5 for ensuring that Ihe charitable company keeps accounting records that comply with Section5 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affair5 of the charitable companv a5 at the end of each linallcial year and of its surplus or deficit for each financi31 year in accordance with the requirement5 of Sections 394 and 395 and which otherwise Comply with the requirements of the Compallie5 Act 2006 relating to financial statements, so far 35 applicable to the charitable company. Page 6
THE 8RADLEY TRUST BAiANCE SHEET- continued 31 Decernber 2024 These firiancial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small compantes regime. The finan ial tateoents were approved by the Board of Trustees and authorised for issue on Tr..i......... and were slgned on tts behalf by: Mr John Ca ight- Trustee Pa8e 7
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared èecordance with Accounting and Reporting by Charitles.. Stètement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 efFective from l January 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, and the Charities Act 2011. The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertèinties exist. The trustees have consideied the level of funds held and the expected level of income and expenditure foT 12 months from authorising these financial statements. The budgeted income and expenditure 13 sufficient with the level of reserves for the charity to be able to continue as a going concern. The financial statements are prepare(5 under the historical cost convention, modified to includ& certain items at fair value. and presented in sterfing which is the functional curiency of the charity and rounded to the nearest The significant accounting policle5 applied in the prepaT8tion of these financial stateynents are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Financial reportin8 5tandèrd 102- reduced disclosure exemptions The charitable company has taken advèntaEe of the following disclosure exemptSon in preparlng these financial statements. as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic Of Ireland,: the requirements of Section 7 Statement of Cash Flows. Income All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any perfoTEn8nee conditions have been met, the amount can be measured reliably and it Is probable that the iniome will be received. For donations to be Tecognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before ntitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditlOn5 15 within the control of the charity and it Is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021. Page 8
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THEYEAR ENDED 31 December 2024 ACCOUNTIfr4G POLICIES- continued Income Government Grants Income fiom governrThent and Other grants are recogni5ed ai fair value when the charity has entitlernent aftor any performarice condition5 have been m2t, it is probable that the income will be received and the amoutlt can be measured reliably. If entitlement is not met then these amounts are deferred. Investment income Investment incolne is earned through holding assets for investment purposes and it includes interest onlv. Interest income is recogni5ed uslng the effective interest method. Legacy income Legacies are accounted for when the charity Is entitled to the incorne. rece>pt is probable, and the amount can be measured reliablv. Expendlture All expenditure is accoijnted for on an accruals basis and has been Classified under headings that a88re8ate all osts related to the category. Expenditure is reco8nised where there is a legal or con5tiuctive obligation to make pByrllents to third parties, it is probable that the Settlement will be required and the amount of the obligation can be measvred reliably. Ralsing hjnds These are co¥ts incurred attracting volunt3ry incomÈ, the management of investments and those incurred in tradTrllg artivitie5 that raise funds. Charitable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs thÈt can be allocated dirertly to such activities and those cost5 of an indirect rTraturE neEe55ary to 5UPPOrt them. Governar¢ce costs Support costs are those that assist the work of the charity but do not directly represent charitable activities and include governance costs. They are incurred directly in svpport of expenditure on the objective5 of the charitv. Tanglble flxed assets Individual fixed asset5 Costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses and a depreciated over the expected useful life of the asset. Freehold Land and Building5 arE illcluded at valuation which 15 reviewed by the trustees. The trustees do not consider it is appropriate to charge depreciation on land ènd buildings. Fixed a55et investments Fixed asset investments, otherthan programme related investments, are included at m3rket value at the balance sheet date. Realised gains and losses an investments are calculated ès the dtfference between sale5 proceeds and their market v8lue at the Start of the year, or their 5ub5equent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal. Unrealised gains and 105ses represent the movement in market values during the year and are credited 01 charged to the Statement of Financial Activities based on the market value at the year end. Page 9
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31 December 2024 Taxatlon The charity ts an exetnpt charity within the meaning of schedule 3 of the Charitie5 Act 2011 and is considered to P355 the test5 Set out in P3ragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Fund accountlng Unrestricted funds are available for use at the discretion of the trustees In furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are funds which are to be used in accofdance with specific re5triction5 imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the spetific fund. The aim and use of Each restricted fund is set out in the notes to the financial 5tatement5. Debtors and creditor5 receivable } payable withln one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising frorn impairment are recognised in expenditure. DONATION5 AND LEGACIE5 2024 2023 Legacy donations 500,01)O INVESTMENT INCOME 2024 2023 Dividends receivable from othei listed investments Interest receiv3ble on bank deposit5 6,814 255 LQfig 7,634 306 OTHER INCOME 2024 2023 Fees and supplies 1,653 1,163 Page 10
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Rental income from land and properties Village Hall hire and class fees 25,722 3,690 29,412 25,724 3,231 28,955 CHARITABLE ACTIVITIES COSTS 2024 Restricted fvnds Endowmert funds Total Teachers, fees Clerk's fee5 and administrative c05t5 Legal and professional fees Grant fundiag of activities Property expenses 500 500 6.348 1,200 9,750 6,632 6,348 1.200 9,750 23,955 17,323 17,823 23.930 41,753 2023 Restricted funds Endowment fund5 Tota5 Teacheis, fees Clerk's fees and administrative costs Legal and profe55iorJal fee5 Grant funding of activities Property expenses 983 983 4.441 419 12,862 16,176 4,441 419 12,862 5,201 10,975 11,958 22,923 34.881 GOVERNANCE COSTS 2024 2023 Independent examiner fees- Exarnination of the financial statement5 Pa8e 11
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 OECEMBER 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 310ecember 2023. Trustees, expenses The tutal trusteES' travel and 5ub515tence expen5e5 for year ended 31 DecembeT 2024 was £nil12023- £nill. The total number of trustees ceIVIng expenses during the year wa5 nil12023 nill. FIXED ASSETS INVESTMENTS Other Investments Lssted Investments Total Cost or Valuatlon At l January 2024 Revaluation At 310ecember 2024 443.131 41,702 484,833 443,131 41,702 483,833 Net book value At 310ecember 2024 At 31 December 2023 484,833 443,131 484,833 443,131 At the year-end £475,22212023.' £431.9531 was held in listed investments and £9.61112023.. £11,178) in cash. io. TANGIBLE FIXED A55ET5 Land and Buildings Total Valuation At l January 2024 Additions At 31 December 2024 Depre¢iatlon At 31 December 2024 Net book value At 31 Dember 2024 At 31 December 2023 1,157,000 14,033 1,157,0(N) 14,033 1,171,033 1.157,000 1,171,033 1,157,000 Page 12
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEM8ER 2024 RevaluatiOEI The fair value of the company's land and buildings was revalued on 21 March 2016 by South and Stubbs, Chartered Surveyor5 and Valuers, an independent valuer. The tru5t£e5 are in the process of revaluing the land and buildings. Had this class of asset been measured on a historical c05t ba515. their carrying amount would have been £Nil12023- ritles to Property The Old House 3nd The New School House is vested with the Official Custodian for Charitie5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments and accrued income 750 2,123 750 1,997 2.873 2,747 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accruals and deferred income 3,000 1,158 Page 13
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENTIN FUNDS Net movement in funds Transfers between fijnds At 31.12.24 At 1.1.24 Endowment funds General lund 1,578.482 547,407 114,1331 2,111,756 Restricted funds Restricted funds 156,395 114,1331 14,133 156,395 1.734.877 533,274 2.268,151 TOTAL FUNDS Net movement in funds, included in the above are as follows.. Incoming resource5 Resources expended ovement in funds Endowment funds General fund 534.444 12.963 547,407 Rèstrlcted fLtnd5 Ae5tricted fund5 3,690 17.8231 114,1331 TOTAL FUNDS 538,134 14,86DI 533,274 Endowment funds The Endowment fulld and a550C13ted income held by the trust are to be used for the benefit of the residents of 8radley inclusive of educational grant5, grants for schools, local groups and upkeep of the village hall. Restrlaed lunds The Village Hall Fund is used directly by the Charity for educational and other benefits for the inhabitants of Bradley Parish. Funds available after maintaining the property of the Charity and meeting other charges arising from the property including admini5tTation and marTagernent are available for charitable purposes for the general benefit of thè inhabitants of the Parish of Bradley. Page 14
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENT5. continued FOR THEYEAR ENDED 31 DECEMBER 2024 13. MOVEMENT IN FUNDS- continued Comparatives for movement in fund5 Net Transfers between fund5 movement in funds At 31.12.23 At 1.1.23 Endowment funds General fund 1,554,335 34,012 19,8651 1,578,482 Restrirted lunds Restricted funds 155,257 18,7271 9,865 156.395 TOTAL FUNDS 1,709,592 25,285 1,734,877 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resource5 expended Movement in funds Endowment fund5 General fund 34.827 18151 34,012 Restrirted bjnds Restricted funds 3.231 111.9581 18,7271 TOTAL FUNDS 38.058 112,7731 125.2851 14. RELATED PARTY DISCLOSURES Bradley Parish Church (Trustee Rev Catherine Brumfitt is the Priest of Bradley Pafish Church) Grants total £2,50Q were awarded to the church. At the balance sheet date. the amount due to/from 8r3dley Pèrish Church was £Nil12023 £Nill Bradley Parish Council (Trustee R Turner is a Bradley Parish Councillorl Rent of children's playing field. At the balance sheet date the amount due tolfrom Bradley Parish Council was £Nil12023- ENill Robert Turner (Robert Turner is a trustee of the trust) Robert Turner rent5 farmland from the Irust at market rates. At the balance Sheet date the amtsunt due tts/frtsm Robert TttrneT Was £NS112023- £Nill. Page 15
THE BRADLEY TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 14. RELATED PARTY DISCLOSURES Icontlnuedl Mrs Lydia Rossl (Mrs Lydia Rossi is a trustee of the titsstl Mr5 Lydia Ros51'S Spouse is the caretaker at the Village Hall and was paid £3,53712023 - £3,505). At the balance sheet date the amount due tolfrom Mrs Rossi's spouse was £Nil12023 £Nill. 15. GRANT-MAKING Gr3nts to institutions 2024 2023 Grants to Ind5vidual5 2024 2023 Analysis Bradley PCC Haughton School Church Eaton School R3nton School Knitting and Crochet Group Educational grants 2,500 1,200 750 300 2,500 1,350 750 loo 5,QX)O 5,000 8.162 8.162 4,750 4,700 The support costs associated with grant-making are £Nil1310ecember 2023 - £Nill Page 16
THE BRADLEYTRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIE5 FOR THE YEAR ENDED 310ECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Legacy Donations 500,000 Investment it7come Dividends receivable from other listed investments Interest receivable on bank deposits 6,814 255 7.069 7,634 306 7,940 Charrtable activities Rental income from land and properties Villa8e Hall hire and class fees 25,722 3,690 29,412 25.724 3.231 28,955 Other Income Fee5 and 5uppltes 1.653 1,163 Total Incofftlng resources 538,134 38,058 EXPENDITURE Support costs Property expenses Teachers, fee5 CleTk's fee5 and administrative costs Legal and professional fees Grant fundiii8 of activities Raising funds 23,955 500 6,348 1.200 9,750 3,545 45.298 16,176 983 4,1 419 12,862 3,195 38.076 Governance costs Independent examiner fees 3,000 1.158 IG3insll1055e5 on assets IGainsl/losses on revaluation of investments 143.4381 126.4611 Total resources expended Net intomellexpenditurel 533,274 25.285 P3ge 17