The Essex Wynter Charity
Charity Registration No. 1084786
Annual Report and Accounts
For the year ended 31 March 2025

The Essex W nter Charit 2024-2025 Accounts
1. Legal and administrative information
Name of the Charity
The full name of the charity is The Essex Wynler Charity. The Charity is registered with the Charity Commissioners
of England and Wales and its registration number is 1084786.
Corporate trustee: The Essex Wynter Trustee Company (Company no. 12215350)
The directors who held office during the year were:
Chairman
Trustee
Trustee
Trustee
Trustee
Robert Astor (Retired 1 Oth December 2024)
Philip Brading {Chair from 11th December 2024)
Vanessa Sweeney
Prof Melanie Davies
Angela Wedgwood (Retired 171h November 2025)
Officers of the charity during the period were..
Secretary
Treasurer
Zung To
Tim Redding
Prlnclpal offl¢e
The principal office of the charity is 5th Floor East, 250 Euston Road, London NW12PG.
Advlsors
Banker
Coutts & Co
440 The Strand
London WC2R OQS
Solicitor
Withers LLP
20 Old Bailey
London
EC4M 7AN
Investment advisor
M&G Securities Limited
PO Box 9038
Chelmsford
Essex CM99 2XF
Investment property advisor
Lovejoy Stevens Berkshire Ltd
63 Cheap Street
Newbury
Berkshire RG14 5DH
Auditor
Blue Spire Limited
Cawley Priory
Soulh Pallant
Chichester
P019 1SY

The Essex W nter Charit 2024-2025 Accounts
2. Structure, governance and management
Structure of the charity
The Essex Wynter Charity is governed by a Charity Commission scheme dated 10 November 2016, as
amended on 28 February 2020. The Scheme also covers The Bentinck Charity.
On 28 February 2020 the Charily Commission agreed that The Essex Wynter Trustee Company (a company,
registered number: 12215350) is the trustee of the charity.
Recrultment, appointment and training of trustees
The Essex Wynler Charity is governed by the Essex Wynter Trustee Company. There are three independent,
non-UCLH NHS FT Directors from which the Chair will be elected and Iwo UCLH NHS FT-linked Directors.
Directors are responsible for setting the strategic direction of the organisation and for establishing policy. All
directors {also known as trustees) are appointed by the trustees of University College London Hospitals Charity
(registered no. 1165398).
Newly appointed trustees are provided with information packs including copies of the constitution of the charity, the
previous year's annual reports and account. In addition, new trustees meet the Chairman and officers of the charity
lo discuss the organisation's aims, objectives and direction.
Trustees are kept up to dale regularly with changes relating to charity legislation. Conferences organised by legal,
financial and investment professionals are available for trustees to attend.
The trustees delegate the day-to-day administration of the charity to the Secretary and Treasurer.
Risk managoment pollcy
The trustees actively review the major risks which the charity faces on a regular basis and believe that the
maintenance of reserves as referred to below, combined with the annual review of the controls over key financial
systems carried out through an audit programme, will provide sufficient resources in the event of adverse
conditions.
3. Objectlves and actlvltles
The principal objects of the charity as sel out in ils scheme are the relief of need by the provision of grants,
scholarships or housing accommodation for the benefit of current and past employees of The Middlesex Hospital
and University College London Hospitals who are in need of financial assistance. In carrying out these objects,
the trustees have had regard to the Charity Commission's guidance on public benefit.
Al 31 March 2025 the charity owned 26 properties located in Newbury, Berkshire. Four of these properties are
classified as tangible fixed assets and are occupied by beneficiaries of the charity. The majority are classified as
investments and let to private tenants, with 16 let at the year end. Since the year end, the 6 unlet properties have
been sold.
The Irustees, view is that, whilst the charity delivers benefit to a section of the public rather than the public as a
whole, Ihe class of potential beneficiaries, being current and past employees of The Middlesex Hospital and
University College London Hospitals, is sufficiently broad. Whilst residents make contributions towards the costs
of their accommodation, these are set at a low level which is substantially less than the market rent for the relevant
property and does not constitute an unreasonable restriction on access to the benefits provided by the charity.
4. Achievements and performance
During the year, various repairs and mainlenance works were carried out in order to keep the estate to a good
standard. At the year end 16 were let to privale tenanls which enhanced the charity's total income for the year.

The Essex W nter Charit 2024-2025 Accounts
5. Financial review
The charity received contributions towards the cost of maintaining the eslate of £22,904 (2023-2024.. £23,387) from
the residents and £309,285 (2023-2024.. £294,644) in investment income for the period. Property management
costs and support for residents amounted to £166,161 (2023-24.. £181,672). Three additional grants for nurses
were approved during the year for £80,000 {2023-24'. £10,000). The total amount spent on charitable activities was
£259,694 (2023-24.. £193,983).
The charity is preparing to sell part of Ihe Newbury estate. which incurred costs of £1 Ok during the year (2023-24:
£23k). This sale completed in May 2025.
Reserves pollcy
The trustees consider that the charity requires reserves (being unrestricted funds readily available for use) in order
to meet its ongoing commitments in respect of its current residents and the maintenance of the estate. In
formulaling their policy on the desired level of reserves, however, the truslees have taken into account the likely
level of income generated on the endowment fund and their ability, if need be, to expend part of the endowment in
furtherance of the charity's objects.
The trustees therefore consider that the free reserves of the charity should be maintained at a relatively low level
in order to safeguard the delivery of the charity's objects and cope with unanticipated maintenance expenditure. As
at 31 March 2025 the level of free reserves was £730,722 which the trustees consider to be adequate for these
purposes. This policy is reviewed on an annual basis.
Investment pollcy
The trustees hold units in common investment funds, together with a portfolio of investment properties. This fulfils
two key requirements in line with the reserves policy outlined above: provision of a regular income to meet the
objectives of the charity and protection for the capital value of the charity's endowments. Fund performance is
reviewed regularly and changes to the investments made when necessary. The overall policy is also reviewed on
a regular basis.
6. Plans for future perlods
The Charity Commission Scheme of 10 November 2016 (as amended on 28 February 20201 fully regulates the
charity and broadens its objects. This ensures that the charity is able to deliver charitable benefits over the longer
term. The charity intends lo continue lo provide support lo the beneficiaries and so the trustees have made a
strategic decision to concentrate that support towards the nursing and midwifery staff at University College London
Hospitals and in particular their education and training needs.
7. Statement of Trustees, responslbilitles
The trustees are responsible for preparing the Trustees, Annual Report and the financial slatements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable lo charities in England & Wales requires the trustees lo prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity and of the incoming resource5 and
application of resources of the charily for that period. In preparing Ihese financial statements, the trustees are
required to..
select suilable accounting policies and then apply them consistently.,
observe the melhods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any malerial departures
disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping proper accounting records Ihat disclose wilh reasonable accuracy at any
time the financial position of the charity and enable them to ensure that the financial statements comply with Ihe
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the scheme. They
are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.

The Essex W nter Charit 2024-2025 Accounts
Approved by the Trustees on 13th January 2026 and signed on its behalf:
Philip Brading, Chair m
On behalf of The Essex
ynter Trustee Company

The Essex W nter Charit 2024-2025 Accounts
Independent Auditor's Report to the Trustees of The Essex Wynter Charity
Opinion
We have audited the financial statements of The Essex Wynter Charity (the 'charity'l for the year ended 31 March
2025 which comprise the Statement of Financial Activities, the Balance Sheetand notes to the financial slatemenls,
including significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard
102 The Financial Reporting Slandard appliGable in Ihe UK and Republic of Ireland (Uniled Kingdom Generally
Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the slate of the charily's affairs as at 31 March 2025. and of its incoming resources
and application of resources, for Ihe year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basls for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit
of the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relatSng to go5ng concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions thal, individually or collectively, may cast significant doubt on the charity's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the truslees wilh respect to going concern are described in the
relevant seclions of this report.
Other Information
The other information comprises the information included in the trustees, report, other than the financial statements
and our auditor's report Ihereon. Our opinion on the financial statements does not cover the other information and,
except to the extent otherwise explicitly slated in our report, we do not express any form of assurance conclusion
thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears
to be materially misslated. If we identify such material inconsistencies or apparent material misstatements, we are
required lo determine whether there is a malerial misstalement in the financial statements or a material
misslalemenl oflhe other information. If, based on the work we have performed, we conclude that there is a material
misstatement of this other informalion, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us lo report lo you if, in our opinion-.
the information given in the financial statements is inconsistent in any material respect with the trustees, report.,
or
sufficient accounting records have not been kept-, or
the financial statements are not in agreement with the accounting records,. or
we have not received all the information and explanations we require for our audit.

The Essex W nter Charit 2024-2025 Accounts
Responsibilities of trustees
As explained more fully in the statement of trustees, responsibilities, the trustees are responsible for the preparation
of financial statements which give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due
to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as
a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trustees either intend to liquidate the charity or lo cease operations, or have no realistic
alternative but to do so.
Auditor's responslbllltles for the audlt of the flnancial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with
regulations made under section 154 of that Act.
Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS (UK) will always detect a material misstatement when it exisls. Misstalemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud. The extent lo which our procedures are capable of detecting irregularities. including fraud is detailed below.
Based on our understanding of the Charity and the industry in which it operates, we identified the principal laws
and regulations that directly affect the financial statements to be the Charities Act, and Trustee Act. We assessed
the extent of compliance with these laws and regulations as parl of our procedures on the related financial
statement items.
In addition, the Charity is subject to many other laws and regulations where the consequences of non-compliance
could have a material effect on amounts or disclosures in the financial statements, for instance through the
imposition of fines or litigation. Auditing standards limit the required audil procedures lo identify non-compliance
with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and
legal correspondence if any.
Audit procedures performed by the engagement team included:
Enquiry of those charged with governance around actual and potential litigation and claims and any
instances of non-compliance with laws and regulations.,
Reviewing minutes of meetings of those charged with governance.,
Reviewing financial statement disclosures and testing to supporting documenlation to assess compliance
with applicable laws and regulations.
Because of the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, including those
leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transactions reflected
in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is
also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional
concealment, forgery, collusion, omission or misrepresentation
A further description of our responsibilities is available on the Financial Reporting Council's website at..
hlt s'.Ilwww.frc.or
.uklOur-WorklAudiUAudit-and-assurancelStandards-and-
uidancelStandards-and-
uidance-
for-audilorslAuditors-res
onsibililies-for-auditlDescri
lion-of-audilors-res
onsibilities-for-audil.as
This
description forms part of our auditor's report.

The Essex W nter Charit 2024-2025 Accounts
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
trustees as a body. for our audit work, for this report, or for the opinions we have formed.
Cawley Priory
South Pallant
Chichester
Wesl Sussex
P019 1SY
Blue Spire Limited, Statutory Auditor
Date 27 January 2026
Blue Spire Limited is eligible to act as an auditor in terms of section 1212 of Ihe Companies Act 2006.

The Essex Wynter Charity 2024-25 Accounts
8. Statement of Flnancial Activities for the year ended 31 March 2025
2024-25
Endowment
funds
2023-24
Total
funds
Note
Unreslricled
general funds
Total
funds
Income and endowmonts from..
Inveslmenls
309,285
22,904
332,189
309,285
22.904
332.189
294,644
23.387
318,031
Charitable aclivllles
Total
Expendlture on:
Cost of managing. malnlaining and repairing Inveslmenl
properties
Charitable activities
Total
121,3031
121,3031
(43,0181
259,694
259,694
259,694
280,997
193,983
237.001
21,303
Net gainslllossesl on Inveslm8nls
29,9S9
1260,1771
1230,2181
71,861
Net In¢omo1{oxp8ndlturo1
102,454
1281,4801
1179,026)
152,891
Other rgcognlsod galnslllossosl
Gainslllossesl on revaluation of fixed assets
Nèt movement In funds
102,454
1281.4801
1179,0261
152,891
Fund balances brought forward al 1 Aprll 2024
628,268
10,064.415
10,692,683
10,539,792
Fund balances carrled forward at 31 March 2025
11
730,722
9,782,935
10,513.657
10,692,683

The Essex Wynter Charity 2024-25 Accounts
9. Balance sheet as at 31 March 2025
2024-25
Endowment
funds
2023-24
Total
funds
Note
Unrestricted
general funds
Total
funds
Flxed assets
Tangible fixed assets
Investments
915,000
6,871,117
7.786.117
915,000
7,444,205
8,359.205
915,000
9.713,084
10.628,084
573,088
573.088
Total flxod a$set$
Current assets
Stock
2,048.332
2,048,332
55,603
247.560
2,351,495
Debtors
Cash al bank and in hand
55,603
299,074
354,677
50,351
146.260
196.611
51,514
1,996,818
Total current assets
Creditors.. amounts falling due within one year
10
{197,042)
(197,0421
(132,0121
Net current assets
157,635
1,996,818
2,154,453
64,599
Net assets
730,722
9,782,935
10,513,657
10,692,683
Funds of tho charlty
Capital funds..
Endowment funds
9,782,935
9,782,935
10.064,415
Income funds..
Unrestricted general fund
730.722
730.722
628,268
Total funds
730.722
9,782.935
10,513,657
10,692,683
The notes numbered 110 14 form part of these accounts.
Approved by the Board of Tnjstees on 13th January 2026 and signed on its behalf by..
Trustee..........
Mr Philip Brading, Chairman

The Essex Wynter Charity 202425 Accounts
10. Notes to the Financial Statements
Accountlng pollcles
1.1 Accounting conventlon
The Essex Wynler Chaiity is an unincorporated charity registered in England governed by a constitution. The address of the
principal office is 5th Floor East. 250 Euslon Road, London NW12PG and Ihe charitys operabons and principal activibes
are set out in the Iruslees, ieport.
The charity conslilules a public benefit entity as defined by FRS 102. The financlal stslernenls have been prepared in
accordance with Accounlng and Reporting by ChariU8s'. Stalemenl of Rewmmended Praclice applicable lo charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland
issued in October 2019, the Flnancial Reporting Standard appllcable in the United Kingdom and Republic of Irelan¢J IFRS
1021. the Charities Acl 2011, and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention, modified lo include
certain items al lair value. The financial slalemenls are presented in sledlng whlch Is the functional currency of Ihe charlty
and rounded lo the nearest £.
1.2 Statement of cash flow#
The charity does not include a cash flow statement on Ihe grounds11 Is appI￿n9 FRS 102 Secbon 1A
1.3 Income rocognbtlon
AJI Incoming resources are included in the Sialemenl ol Financial Aclsvities ISOFAI when the charity is legally entilled lo the
income aller any performance condllions havo been mel, the amount can be measured rellably and il is probabl8 that the
ncome will be received.
Investment Income Is earned through holdlng assets lor Investment purposes such as shares.11 Ineludes dlvidends and
interest. Where11 Is not pra¢licable lo identify Investment management costs in¢urred wilhin a scheme with reasonable
accuracy the investment income is reported nel of these costs.1115 included when the amount can be measured reliably.
Interest Income Is recognised uslng the offeclive Inlefesl method and dividend and rent income is recognised as the
charity's right lo receive payrnenl is established.
1.4 R•cognltlon of •xpondlturo
All expendllure is accounted for on an accruals basis and has been classified under headings that aggregate all costs
related to the category. Expenditure is recognised where there 15 a legal or constructive obligation lo make pay7nents to
Ihird partles,11 Is probable that tho settlement will be iequlrgd and the arnovnl of Ihe obligalion Can be measured reliably.11
is categorised under expenditure on charitable aclivits'es and Includes upkeep of the charl￿8 properties and the cost of
adrninislering the activity of the charity.
Support costs are those that assist the work of the charity bul do not directly represent charitable activities and include
offi¢e costs, and governance cosis. Thoy are incurred direclly in support of expendilvre on the objgcls of the charity.
Support costs are allocated lo expenditure on charitable activities as this 15 the sole activity ol the charity.
1.5 VAT
The charity is not registered for VAT and is unable lo recover VAT incuried. On thi5 basis cos15 are recorded inclusive ol
VAT within the SOFA.
The Essex Wynter Charity 2024-25 Accounts

10. Notes to the Flnancial Statements (continued)
1.6 Tanglbl• flxed assats
al Capiialisalion
Tangible fixed assets which are capable of being used for more than one yeaf and have a cost equal lo or greater
than £5,000 are capitalised.
bl Valuation
Land, bulldings, installations and fittings are staled al open market value for Ihelr 8xlsling use. Valuations are carried
out profe55ionally a15 year intervals. The last such valuats'on was made on 31 March 2018 by Marshalls. Chartered
Surveyors. Be￿een valualioris the Tfustees perform 8 desktop revalLtalion based on the professional opinion of Iheir
estates advisor. a chartered surveyor.
cl Oepreciabon
Fixed assets held for use by the charity are not depreciated because the depreciation charge and the accumulated
depreaation charge are not matsrial as the assets have a very long usefvl life.
1.7 Flxed a880t Invostmgnts
Investments are recognised inits'ally al fair value whlch Is nomially the transaclon price excluding transaction costs.
Subsequently, they are measured al lair value with changes Tecognised in 'nel gains I Ilossesl on Inveslm8nls' In the SOFA
where Inveslmenis are publicly traded or Ihelr falr value can olheTh¥lse be measured reliably.
Quoted stocks and shares are included in Ihe balance sheet al mld-markel prlce. ex-dlv.
1.8 Siock
Stock represents prOpe￿8S ready for sale and is valued al the lower of cost and n81 reallseable value.
1.9 Debtors recalvable and crèdltors payable wlthln one yoar
Oeblors anil credltors with no slated interest rale and receivable or payable wilhin one year are rocorded al transaction
price. Any lossès arislng from impairment are recognised in expenditure.
1,10 Taxatlon
The charlty is considered io pass the lesls sel out In sections $21 to 536 Income Tax Act 2007 IITA 20071. as such no
income tsx is payable on the charlvs acliviues.
1.11 Fund8 slruclurg
The pemianenl endowment fund consisls of any land and proceeds ol the sale of land formerly belonglng lo the Dr Waller
Essex Wynter (Deedl Charity, and any land and proceeds of Ihe sale of land formerly belonging lo the Di Waller Essex
Wynler Iwilll Charity, except lor the land purchased out of the "Irusl fund" (see below), and Ihe Snvestments representing
the £10,000 bequest given to The Middlesex HospSlal by Alma Martha Benlinck li.e. the former Benlinck Charityl.
The expendable endowment fund consists of land purchased by the Iruslees out ol Ihe"Irusl fund" referred lo in the will of
Df Waller Essex Wynter and the proceeds ol the sale of such land.
General funds are unresth'cled funds which are avaSlable for use al the discretion of the Trustees in furtherance ol the
general objectives of the charity and which have not been designaleLI for other purpos8S.
1.12 R•latod party tran5a¢tlon$
During the year none of the Trustees or members of the key management staff or parties related to them has undertaken
any material transactions with the Essex Wynler Charity.
1.13 Golng concorn
The financial stalemenis have been prepared on a going con¢ern basis as Ihe trustees believe that no material
uncertainties exi51. The Iruslees have considered the level of funds held and the expe¢led level of income and expenditure
for 12 months from authorising these financial slalements. The budgeted income and expenditure is sufficient with the level
of reserves for the charlty lo be able to continue as a goin9 concem.

The Essex Wynter Charlty 2024-25 Accounts
10. Noles to the Financial Statements (continued)
Inwstment Income
202425
EndowThen¢
fund5
Unreslricled
general funds
Total
funds
Invèstm8nls In a Common Deposit Fund or Common Investment Fund (held wlhin UK)
Rental income
Bank deposit interest
142,270
164.350
2.665
142,270
164,350
2.665
309,285
309,285
202&24
Endowmenl
funds
Unrestricted
general funds
Total
funds
Inve$lm8nls In a Common Deposil Fund or Common Inveslment Fund (held wlhin UK)
Rentsl income
Bank deposit interesl
135.147
157.732
1.765
135.147
157.732
1.765
294,644
294,644
Incom• from charltable act￿￿tIeS
2024-25
Endowment
lund$
Unre5tricled
g•n8r81 fund$
Total
funds
Rental I￿￿)Me. beneliciaries
22,904
22,904
22,904
22,904
2023.24
Endowment
lund8
Unreslricled
98n8fal lund$
Total
lund•
Rental iFKome. beneliciaries
23,387
23,387
23,387
23,387
4. Analys18 of charltabl• expendl¢ure
Aclivilies
undertaken
direclly
Support
¢osls
202ty25
Total
fund•
2023.24
Tolal
funds
Repairs and maintenarKe
Utility charge$
Residenis support
Granls lo support nurses at UCLH NHS Foundation Trust
108,363
33,754
18,332
5,711
126,695
39,465
141,174
36,487
4,011
12,311
80,000
13,534
93,534
222,117
37,577
259,694
193,983
Unreslricled funds
Endowment lund5
259.694
193,983
259,694
193,983

The Essex Wynter Charity 2024-2S Accounts
10. Notes to the Financlal Stat¢m¢nts (¢ontlnued)
S. Allocatlon of Support costs
Repairs and
maintenance
Residents.
5UPPOrt
Grant5 for
nLJrsès
Total
eosts
charges
Expenditure t￿pe
Basis of allocalion
Honoraria
Indemnity insurance
Audit fees
Accountancy
Admin exp8ndilurè
Travel expenses
Sundry expenditure
Letting agency fees
Bank ¢h8r9e8
Allocated by person
Proportional lo direct expenditure
Proportional lo direct expendilure
Proporiional lo direct expenditure
Proportional lo direct expendilL*re
Allocated by purpose of travel
Proportional lo direcl expendilur?
Proporiional lo dire¢1 èxpenditurè
Proportional to direct expenditure
1,071
1,053
4.683
47
334
328
1,459
15
790
778
3.458
34
2,19S
2,159
9,600
96
649
10,500
329
202
3,271
102
479
7.752
243
1.330
21,523
674
18,332
5,711
13.534
37.577
6. TangSble flxed a89ot•
20￿25
Property
Valuation al 31 March 2024
Valuation a131 March 2025
915,000
915,000
Net book valu• at 31 March 2025
915,000
Nel book value 81 31 March 2024
915,000
Hlslorlc cost al 31 March 2025
922,805
No depreciation 15 charged, as detailed in Ihe accounting poli¢io$.
The revaluation w88 ¢8rrl*d out 8131 Mgrch 2025 and has been provlded by Lovaloy Stevens, estate agenls based in Newbury.
7. Flxod a8•et Inve•tment•
202*25
Investment
property
2023-24
Listed
Invtrslmtrnls
Tolol
Movement• In the yèar
Market valua al 31 March 2024
Add.. Transler from tangible fixed assets
Add.. Acquisitions al cosl
Lass.. Transfèr lo stock ol properly ready lor sale
Nel gainslllossesl on investment
Market valve al 31 March 202S
3,258.833
6.454,251
9,713,084
9,328,628
300,000
22,595
9.671
12,048,332)
395,591
4.020.000
9,671
12,048.3321
230,218
7,444,205
165,372
3.424.205
61,861
9,713,084
Historic cost
2,326,900
163,000
2,489,900
3,032,900
Unreslricled
Endowment
573,088
2,851,117
3,424,205
573,088
6,871,117
7,444,205
543,129
9,169,955
9,713,084
4,020,000
4,020,000
All investrnenls are held in a Common Deposil Fund or Common Inveslment Fund, wlhin Ihe UK.
202&25
202&24
Stock
Property ready for sale
2,048,332
202ty25
2023-24
9. Oébtors
Prepayments and acerued income
55,603
50,351

The Essex Wynter Charlty 2024-25 Accounts
10. Notes to the Flnanclal Statements (continued)
202425
2023-24
10. Credltors.. amounts fallSng due wlthln one year
Trade Creditors
Grants payable
A¢¢ruals and other creditors
Deferred income
16,989
169,878
5,920
4,275
197,042
9,232
114,010
2.620
6.150
132,012
202425
Brought
lO￿ard
Caiiled
forward
Released
Deferred
Delerred Income
6,150
16,1501
4,275
4,275
6.150
4.275
4,275
Oelerred income represents rental income received in advance.
11. Analy•l• of fund•
Balance at
31 March
2024
Balance at
31 March
2025
Incoming
resources
Resources
expended
Gains and
losses
Permanent endowmo111 lurtds
Expendablè èndowmenl funds
Unr¢slricled general lunds
9.714,415
350,000
628.268
10,692,683
121.3031
1260,1771
9,432,935
350,000
332.189
259.694
29.959
730,722
280,997
230,218
332,189 10,513,657
12. Tru$t•o•' •xp•n888 and other r•latad party tran8aclon8
No Iru51ee received travel expense8 dvring the year12024., £3401.
Th•re vmre no r6laled party transactions r8qulring disclosure in the year under revlew.
13. Audltorfs remuneratlon
Support costs Include an amount of £2.160 payable lo the 8udilors12024'. £2.1601 for audll.

The Essex Wynter Charity 2024-25 Accounts
10. Notes to the Financial Statements (contlnuedl
14. Flnanclal Instrumgnts
The caftyng amounts ol the charitls financial instruments a￿ as lollows..
2025
2024
Financlal assets
Measured al fair value through nel incorn0llexp8nditu￿l'.
Tangible fixed assets
Fixed assel inveslmenls
Stock property lor sale
915,000
7,444,20S
2,048,332
8.359.205
915,000
9,713,084
10,628,084
Measured 8t amortis$d ¢osl'.
Trad• crèdiiors
16,969
16,969
9,232
9.232
The income, expense, nel gains and nel losses attributable lo the charitls financial in51ruments are surnmarised
as follows".
2025
2024
Income and expense
Financial as$trt$ mtra$ur¥d o118lr v8lu• through nèl Incomellexp&ndilurel
Renlol income
Investment income
187,254
142,270
329.524
181,119
135,147
316,266
2025
2024
Nel gains and108ses lin¢luding ¢h8ng8$ in fair v8luèl
Financial assets measured al lair value through nel incornellexpendilvrel
Nel gainslllossesl on inve5trnents
Gainslllossesl on lixed 85$018
1230.2181
71.861
230.218
71,861
Fixed assel inY¥slmgnls arè hèld 81 lair value ¥Mth valuations oblalned by reference lo market prlces from the appropriate stock exchange, bid prices
and last Iraded pri¢¢$ wh¢r¢ applicable.