REGISTERED COMPANY NUMBER: 05814727 (England and Wales)
REGISTERED CHARITY NUMBER: 1116001
Report of the Trustees and
Financial Statements for the Year Ended 30 June 2025
for
WALSINGHAM CARE
WALSINGHAM CARE
Contents of the Financial Statements for the Year Ended 30 June 2025
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|Report of|the Trustees|1|to|10|
|Report|of|the|Independent Auditors|11|to|13|
|Statement|of Financial Activities|14|
|Balance Sheet|15|
|Cash|Flow Statement|16|
|Notes to the|Cash|Flow Statement|17|
|Notes to the|Financial Statements|18|to|27|
|Detailed|Statement|of Financial|Activities|28|to|29|
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WALSINGHAM CARE
Report ofthe Trustees for the Year Ended 30 June 2025
ACHIEVEMENT AND PERFORMANCE Achievements and performance
As was expected by the trustees, grant expenditure in 2025 increased on the previous year.
Operational costs remain in check. The charity has 4 employees (two full time and two part time) and shares rented accommodation in Walton on Thames. A review concluded that our current level of operation was in line with what the current team can process effectively and accordingly, the budget for 2024/25 remains in line with previous years.
A few years ago, the trustees decided to use some of the investment gains built up over the past few years to further the mission of the Charity and increase the level of grant-making. As will be seen from these financial statements, our income was £522,986 and we made grants of £323,195. In light of the present local needs and economic circumstances, this level of spending is expected to increase within the 2025/26 year.
The charity has achieved the following during the year:
In March 2025, the charity received a very generous, but unrestricted, legacy of just over £311,000. The trustees are considering how to use this gift and for the time being have transferred £310,000 of this sum to a Designated Reserve which the trustees will allocate to specific projects in due course.
Grants and donations in support of the charitable purposes were £323,195 (2024 - £301,506). The trustees attempt to ensure a balance of funding for grants and generally limit ongoing support grants to between 50%-60% of expenditure. As previously stated, Government policies concerning care in the community have led to an increase in grants in the areas of one-off support, services to support older people to remain independent in their own homes, as well as supporting vulnerable older people during the cost of living crisis, and the trustees expect this trend to continue.
During the year, the trustees have continued to consider the issues surrounding social exclusion and the best way to support those working in this area. As noted above, some of the grants to other organisations also support this aspect of our work. The charity has continued to build a network of contacts to ensure that itis well known and the success of this is borne out by the continuing high level of applications being received and funded.
During the year, £10,000 of restricted income was received in order to support ad-hoc grants, all of which was spent by the end of[the][period.]
The grants made in the 2024-25 year can be allocated as stated below (with prior years for purposes of comparison-):-
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|---|---|---|---|---|---|
|Year|Ad Hoc|Regular|Other|Social|Total|
|Organisations|Isolation|
|£|£|£|£|£|
|2019-20|74,264|99,557|15,485|11,584|200,890|
|2020-21|72,478|108,814|5,076|26,250|212,618|
|2021-22|94,132|154,259|13,000|39,075|300,466|
|2022-23|156,271|158,101|8,500|73,175|396,047|
|2023-24|115,339|129,232|10,435|46,500|301,506|
|2024-25|138,706|99,018|19,971|65,500|323,195|
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Analysis of Grants
Total Grants
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WALSINGHAM CARE
Report ofthe Trustees for the Year Ended 30 June 2025
Trustees Mr1R Ford LLB - Chairman MrR D Hewitt FCA Mrs T Shipley Ms PM Murphy (resigned 29th July 2025) Rev Dr K Satkunanayagam Mrs R Parihar (resigned 15th August 2025) Ms S Andrews Mrs K Ellis Mr R Parker
Senior Statutory Auditor Shoaib Arshad
Auditors Knox Cropper LLP 65 Leadenhall Street London EC3A 2AD
Accountants BWBCA Limited Office 44, A30 Business Centre Okehampton, Devon EX20 1BG Solicitors Russell-Cooke 2 Putney Hill Putney London SW15 6AB
Bankers National Westminster Bank PLC 1 High Street Woking GU216BG
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The trustees (who are also the directors of Walsingham Care for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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- observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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WALSINGHAM CARE
Report ofthe Trustees for the Year Ended 30 June 2025
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the trustees are aware, there is no relevant information (as defined by Section 418 of the Companies Act 2006) of which the charitable company's auditors are unaware, and each trustee has taken all the steps that they ought to have taken as a trustee in order to make them aware ofany audit information and to establish that the charitable company's auditors are aware ofthat information.
So far as the Trustees are aware, there is no relevant audit information of which the charity's auditors are unaware, and each Trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself of herself aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 14th January 2026 and signed on its behalf by:
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[| R tovd
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Mr IR Ford - Trustee
Robert ttewitt
Robert Hewitt (Jan 14, 2026 15:19:53 GMT)
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Mr RD Hewitt - Trustee
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Report of the Independent Auditors to the Members of Walsingham Care
Our responsibilities for the audit of the financial statements
Our objectives are to 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 a Report of the Independent Auditors 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 exists. Misstatements 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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
-We obtained an understanding of the legal and regulatory frameworks that are applicable to the charitable company and determined that the most significant are the Statement of Recommended Practice ‘Accounting and Reporting by Charities' (SORP), in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) and the Companies Act 2006.
-We understood how the charitable company is complying with those frameworks via communication with those charged with governance, together with the review of the charity's documented policies and procedures. The charitable company is required to comply with both company law and charity law and, based on our knowledge of its activities, we identified that the legal requirement to accurately account for restricted funds was of key significance.
-The audit team, which is experienced in the audit of charities, considered the charitable company's susceptibility to material misstatement and how fraud may occur. Our considerations included the risk of management override and allocation of costs to charitable activities and restricted funds. -Our approach was to check that the income from donations, grants and legacies were properly identified and accurately disclosed, that expenditure complied with the control procedures and was appropriately charged. We confirmed the movements and income from investments, including unrealised gains/losses. We also reviewed journal adjustments and unusual transactions and considered the identification and disclosure of related party transactions.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors’ 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 charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Shoaib Arshad (Senior Statutory Auditor) for and on behalfofKnox Cropper LLP (Statutory Auditor) 65 Leadenhall Street
London EC3A 2AD
17/01/2026 DY| ee
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WALSINGHAM CARE
Notes to the Financial Statements - continued for the Year Ended 30 June 2025
17. ©MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
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|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.7.23|in|funds|30.6.24|
|£|£|£|
|Unrestricted|funds|
|General fund|7,414,263|446,235|7,860,498|
|Restricted|funds|
|Carer Support|Fund|- Walton|Charity|5,500|(1,500)|4,000|
|EBC|Restricted|Income|-|129|129|
|5,500|(1,371)|4,129|
|TOTAL FUNDS|7,419,763|444,864|7,864,627|
|Comparative|net movement|in funds,|included|in the above|are|as follows:|
|Incoming|Resources|Gains and|Movement|
|resources|expended|losses|in|funds|
|£|£|£|£|
|Unrestricted|funds|
|General fund|200,485|(411,435)|657,185|446,235|
|Restricted|funds|
|Carer Support Fund|- Walton|Charity|4,000|(5,500)|-|(1,500)|
|EBC|Restricted|Income|15,000|(14,871)|-|129|
|19,000|(20,371)|-|(1,371)|
|TOTAL FUNDS|219,485|(431,806)|657,185|444,864|
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Following receipt of a large legacy within the year, £310,000 was transferred to a designated fund. The trustees will allocate these funds to specific projects in due course.
Carer Support Fund ~~-~~ Walton Charity
These funds are restricted to providing one ~~-o~~ ff support to individuals who were experiencing financial difficulties, and also the families caring for them ~~.~~ The brought forward balance of unspent funds of £1,500 were spent in full during the year ~~.~~ Shortly before the year end there was an additional £4,000 received, which was not spent prior to 30 June 2024 ~~.~~
EBC Restricted Income
£15,000 was received from Elmbridge Borough Council in order to provide financial support exclusively to unpaid carers looking after someone over the age of 60 in Elmbridge, who are struggling to survive in the costofliving crisis. This could be via vouchers for food shopping or clothing, or the payment for provision of goods or respite care to support the carer and cared for ~~.~~ These majority of funds were spent within the year, with only £129 remaining unspent.
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025 nor for the year ended 30 June 2024.
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