The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Report and Accounts for the Financial Year ending 31[st] December 2025
Responsibilities of the Trustees:
The Trustees are required to ensure that Accounts are prepared for each Financial Year to show the state of affairs of the Charity including a statement of the Receipts and Payments for the year. In preparing the Accounts the Trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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Make judgements and estimates that are reasonable and prudent.
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Prepare the Accounts on the basis of a going concern unless it is inappropriate to presume that the Charity will continue in operation.
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Be responsible for keeping records which disclose with reasonable accuracy at any time the financial position of the Charity.
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Be responsible for taking reasonable steps for the prevention and detection of fraud or other irregularities.
The Trustees of the Charity at 31[st] December 2025 were:
Mr J Lattimore (Chairman) - Glebe House, The Village, Great Waltham (Retired Company Director)
Mr A Mitchell (Hon. Secretary) - 14 Bridge Croft, Howe Street (Retired Area Planner)
Mr I P Bradley (Hon. Treasurer) - 17 Cherry Garden Road, Great Waltham (Retired Local Government Officer)
Mrs A Arnold - Hendala, South Street, Great Waltham (Retired)
Mrs J Pritchard - Ashcroft, Main Road, Howe Street (Landscape Gardener & Horticulturist)
The Rev. D Pierce (Parish Priest) (Ex Officio) - 2 Fairway Drive, Beaulieu, Chelmsford
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The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Report of the Independent Examiner
To the Trustees of the above Charity:
I report on the Accounts of the Trust for the year ending 31[st] December 2025, which are set out on the pages numbered 3 to 6 inclusive.
Respective responsibilities of Trustees and Independent Examiner:
As set out on Page 1, the Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility:
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to examine the accounts under section 145 of the 2011 Act.
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to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report:
My examination was carried out in accordance with the General Directions given by the Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent Examiner’s Statement:
In connection with my examination, no matter has come to my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; or
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
J Tredwell, Signed .............................................................. ‘Bayards’, Jollyboys Lane North, Felsted, Dunmow, Essex CM6 3DU Date .................................................................
Signed ..............................................................
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The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Statement of Assets and Liabilities at 31[st] December 2025
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Current Assets | |||
| Barclays Bank Community Account | 29,031 | 15,726 | |
| 29,031 | 15,726 | ||
| Less Current Liabilities | |||
| Creditors | (575) | (477) | |
| (A) | Net Current Assets | 28,456 | 15,249 |
| Other | Assets (ERF): | ||
| (B) | 2808.700 NAA Accumulation Shares: | ||
| Valued @ £140.929 | 395,827 | 340,053 | |
| (2024: 2808.700 units @ £121.10714) | |||
| M&G Report attached | |||
| Income is not distributed, but retained in the fund and | |||
| reflected in the price of the shares. | |||
| 2025: Income £14,563 Investment Gain £41,211 | |||
| Total Assets | 424,283 | 355,302 | |
| Note: | |||
| The above funds (A) & (B) are held on an UNRESTRICTED basis. | |||
| Property: | |||
| (C) | 1 - 6 Church Housen, Great Waltham | ||
| (D) | 1 & 2 The Bungalows, Lucks Lane, Howe Street | ||
| Insurance Valuation for the properties (C) & (D): | 2,440,205 | 2,361,336 | |
| Note: | |||
| All properties are held for the Charity’s use. |
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The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Receipts and Payments for the Financial Year ending 31[st] December 2025
| 2025 Receipts: £ (A) Maintenance contributions: 1, 2, 3, 4, 5 & 6 Church Housen 28,853 1 & 2 Lucks Lane 9,512 (B) Donation: 0 38,365 Payments: (1) General Outgoings: Insurance 1,972 Electricity 2,461 Water Rates 2,662 Repairs & Maintenance 1,065 Grass cutting & General Gardening 1,505 TV Licences 15 Professional/Accounts Fees 189 Subscriptions & Sundries 1,331 11,200 (2) Major works: C.H. No.4 Investigate Leak in Kitchen Ceiling & Repair C.H. & L.L. Clearing & Rep Guttering/Pipes/Rainwater Gully L.L.No.2 Supply & Install EFK LED Grid L.L.No.1 Safety Report/Supply & Fit Carbon Monoxide Alarm /Smoke Alarm/Immersion Isolator Switch C.H.No.5 & 6 Supply & Fit 2 x Creda TRSE 150 & 1 x Creda TRSE 050 Storage Heaters C.H.No.4 Supply & Fit 4x Creda150 & 1x Creda100 S.Heaters C.H.No.3 1xCreda 150 S.Heater/C.H.4xElectric Meters C.H.No.2 Supply & Fit 4 x Creda TRSE 150 & 1 x Creda TRSE 050 Storage Heaters C.H. No.4 Shower Refurbishment 530 C.H. No.4 Major Works Carried Out 6,000 C.H. No.4 Major Works Carried Out 3,770 C.H. No.5&6 Lead Repairs to Gutter & Low Level Roof/ C.H. No.2 Tile Repair/Chimney Cowel/No.3&5Tap Cartridge 1,575 C.H. Crown 3 x Cherry Trees 550 C.H. No.4 Supply & Fit Hall, Stairs & Landing Carpets 923 L.L. No.1&2 Reduction 2 x Trees/C.H. Pruning of Wisteria 610 13,958 |
2024 £ 27,173 9,095 0 36,268 1,921 4,701 2,386 1,131 745 8 229 1,630 12,751 255 350 260 792 4,890 5,839 4,655 17,041 |
|---|---|
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The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Receipts and Payments for the Financial Year ending 31[st] December 2025 continued
| Total Payments (1) + (2) SURPLUS / (DEFICIT) by which Receipts exceeded Payments: Investment Movements Income added to capital Increase/(Decrease) in value of units Net Investment Gain/(Loss) Net Surplus / (Deficit) for year |
2025 £ 25,158 13,207 14,563 41,211 55,774 68,981 |
2024 £ 29,792 |
|---|---|---|
| 6,476 12,929 12,318 25,247 31,723 |
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The Parish of Great Waltham Almshouse Charity (Registered Charity No. 1053188)
Fund reconciliation at 31[st] December 2025
| Barclays Bank Community Account: Opening balance at 1stJanuary 2025 Less closing balance at 31stDecember 2025 Increase in funds Creditors Opening balance at 1stJanuary 2025 Less closing balance at 31stDecember 2025 Decrease in funds M & G Units Opening balance at 1stJanuary 2025 2808.700 units @ £121.10714 Less Closing balance at 31stDecember 2025 2808.700 units @ £140.929 Increase in funds Net Increase in funds This Report and Accounts was approved by the Trustees at the Annual General Meeting held on ............................. |
£ 15,726 (29,031) 477 (575) 340,053 (395,827) |
13,305 (98) 55,774 68,981 |
|---|---|---|
Signed ......................................................... Signed .......................................................... J Lattimore – Chairman I P Bradley – Hon. Treasurer
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