n-.t'.r ST. SWITHIN'S HOUSE TRUST STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
8T. 8MTHIN'3 MOUSE TRUST ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 CHARITh COMMISSION REFERENCE NUMBER.. 700653 PRINCIPAL ADDRESS St. Swithin's House Barston Solihull West Midlands B92 OJU BACKGROUND AND ACTIVITIES The Trust was 8Stablish8d in 1990 (under an original deed dated 15 August 1988 as amended on 30 Jun8 1990) for the purposes of adapting and maintaining St. Swithin's House as a Chrlstlan conferenc8 centre and Telreal. ADMINISTRATOR Mr R.L. Stretton 6 Chapel Fields Road Solihull B92 7RX 07496 813905 TRUSTEES during the year Rev, S.C.L. Dimes Rev. R, N. Parkar (until 28.6.2024) Mrs M.A. t)aymond Ms A Holt Mr C.E. Jukes Mr J.S. SGriven Mr R,L. Stretton (from 26.4.2024) Approved by tha tru8t88s and ed on their behalf Dated.. Page 2
ST SWITHIN'S HOUSE TRUST STATEMENT OF FINANCIAL ACTIVITIES AS AT 31ST DECEMBER 2024 2024 2023 Inco Hire fees and charges Interest (CBF Deposit account) Donations & Fundraising Events Other Income (Grants, payphone etc) Gift Aid P.C.C. Contributions 10,936 10,770 996 848 8,889 3,473 1,908 1,001 6,000 3,500 Total Income 28 729 JI121 Resourc s used C18aning and toilatries Waste disposal Electricity Heating oil antJ boller maintenance Furnishings and equipment Insurance Repairs and maintenance Printing, stationery, promotions, website Lawn mowing and garden Telephone (Hou3e Payphone *Broadband) Sundry expenses Administrato¢s expenses 3,849 499 1,670 2,825 5,722 2,230 6,854 200 1,555 499 162 43 3,509 476 1,342 1,210 2,397 3,150 4,586 271 1,343 464 117 35 Total expenses 26108 1 Operating surplu5 (deficit) 2,821 692 Depreciation of Windowsldoor3 Amortisation of improvements (kitchen) Sub-total NIL NIL NIL NIL NIL NIL NET INCOMING (OUTGOING) RESOURCES 69 FUND BALANCES . Bt.fwd 24,131 23.439 c.fvvd 26 752 24 131 Pag@ 3
8T SWITHIN'S HOUSE TRUST BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 REPLACEMENT WINDOWS LESS DEPRECIATION NIL NIL KITCHEN REFURBISHMENT LESS AMORTISATION Nl NIL BANK BALANCES Lloyds Bank Central Board of Flnanco 6,418 20,334 26 762 4,793 19,338 24 131 NET ASSETS FUNDS: CAPITAL FUND . unreslricted Approved by the Tru8t088 on rLJu And slgned on thelr béhalf by: Treasurfrr: Trustee: Page 4
ST. STHIN's HOUSE TRUST NOTES TO THE ACCOUNTS As at 31 DECEMBER 2024 1. BASIS OF ACCOUNTS a) General The accounts are prepared under the historical cost convention and in accordance with applicable accounting standards and the Charities Statement of recommended practice. b) Financi81 Year Until 2016, the Financial Year ended on 30th September. In 2017 the Financial Year was 8Xtended to 3181 December in order to harmonis8 with the Annual Accounts of Barston PCC. Henc8forth th8 Flnancial Year will and on 3181 December, c) Income Rocognltlon Income and 8xpenditur8 is recogni58d in the accounts when it 18 r8C6ived or paid. d) Capltal Expenditure Original costs for the renovation of and improvements to the physical structure of the building are caprtali38d and carried forward. All other building cost3, equipment and fumishings are written off as current expenditure. e} Amorti8ation of Building improvements Improvements to the building were 8mortis6d over a period equal to the length of the initial lease and an @quivalent renewal period, being twenty years in total. On this basis the Building improvements were fully written down during the year ending 30th September 2011. Refurblshm8nt of thè two bathrooms ana roplacement of 8tair carpet wa5 amortised over a period of five years and fully written down during the year ending 31 December 2017. The rooflgutter repairs were fully written down during the year ending 3181 December 2018. sl Refurbishment of the kitchen will be amortised over a peri¢xI of three year? to the ond of the lea8e whidi expired on 2nd January 2022. Depreciation The cost of replacement windows was depreciated over ten years at 10 % of cost each year. This cost was fully written down during the year ending 31 gt December 2019. g) Covenants Both annual and deposit covenants received accounted for as income on receipt by thè Trust. Income tax or Gift Aid refunds relating to covenants are recognised for as income on receipt by the Trust. Income tax and Gift Aid refunds relatinG to covenants aré reCnisd whon the refunds aro made. Paga S
ST. SWITHINIS HOUSE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES for the Year Ended 31 DECEMBER 2024 I report on the accounts of the Trust for th8 year which arn set out on pages 2 to 5. Respective responsibllltias of trustees and examiner As the Charity's trustees you are responsible for the preparation of the accoLints' you consider that the audit requirement of section 144 of the Charities Act 2008 (the Act) do88 not apply. It is my responsibility to examine th8 accounts (under section 145 of the Act) and to state, on the basis of the procedures laid down in the General Directions given by the Charity Commissioners under section 156 of the Act whether particular matters have come to my attention. Basls of independent examinerfs report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charily and a comparisons of the account3 pre8ented with th03e reGords. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undert8ken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlnef8 Statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that in any material raspect th6 requirements to k88p accounting records in accordance with section 130 of the Act,. and to prepare accounts which accord with thè accounting records and to comply with the accounting requirements of the Act. have not been met. or to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. Signed Dated 10- I- >4Zf Page 6