ROLLESTON ALMSHOUSE CHARITY
ANNUAL REPORT AND ACCOUNTS
for the year ending 31 st December 2024
Registered Charity No 1158564

ROLLESTON ALMSHOUSE CHAIUTY
TRUSTEES ANNUAL REPORT
for the year ending 31st December 2024
Scheme
The objects of the Charity are"
1. The maintenance and provision of almshouse accommodation forthe public benefit of those
in charitable need including those in financial hardship and who are resident in the parishes
of Rolleston and Anslow in Staffordshire.
2. The relief of financial hardship, either generally or individually, of the residents of the
parishes of Rolleston and Anslow in Staffordshire by making grants of money or providing
or paying for items, services or facilities.
3. The maintenance of the clock of St Mary's Rolleston parish church and the bridges over
Rolleston brook for the public benefit of the residents of the parishes of Rolleston and
Anslow in Staffordshire.
The objects are set out in the Governing Document adopted by the Trustees on 12th September
2014.
Review of Activities
The Charity owns and maintains 6 almshouses at Burnside. Rolleston on Dove, Staffordshire.
Title to the property is vested in the Official Custodian for Charities.
The Trustees regularly contacted the residents during the year to ensure the almshouses were
in satisfactory condition. Refurbishment of the almshouse at No 4 was completed in Spring
2024 and the vacancy filled on 29th April 2024. The resident at No 6 died on 19th April 2024
and after refurbishment the vacancy was filled on 1st November2024, meaning the almshouses
are now fully occupied for the first time since March 2017.
All Weekly maintenan￿ Contributions were increased from 1st January 2024.The weekly
charge was £75 for the refurbished almshouses and £70 for the others.
During the year, £3,530 was spent on the almshouse at No 4 in anticipation of its occupation
and similarly £4,904 was spent on the almshouse at No 6. This expenditure was charged to the
Cyclical maintenan￿ Fund.
The Trustees also spent £4,911 during the year dealing with damp proofing problems and this
was charged to the Extraordinary Repair Fund.
The Trustees were delighted to receive donations from other local voluntary organisations
towards the costs of modemising the almshouses which totalled £2,222.

Mana
ement
The Trustees met four times during the year to conduct and review the management of the
Charity.
Recruitment of Trustees
All Trustees shall be persons over the age of16 residing or carrying on business in or near the
parishes of Rolleston and Anslow in Staffordshire.
2 Trustees are nominated by Rolleston on Dove Parish Council, 1 by Anslow Parish Council
and 1 by East Staffordshire Borough Council, though ESBC has decided they no longer wish
to nominate a Trustee. In addition, the Charity should have not less than 3 nor more than 6
appointed Trustees. In selecting individuals for appointment, the Trustees have regard to the
skills, knowledge and experience needed for the effective administration of the Charity.
Public Benefit
In exercising their powers and duties the Trustees have at all times complied with their duty to
have due regard to the guidance on public benefit published by the Charity Commission.
Accounts
The Trustees have chosen to prepare the Charity's accounts on a receipts and payments basis.
Chaiit Funds
The Almshouse Fund is a capital fund representing the value of the property at 2-12 Burnside.
On 12th August 2014 the propety was valued by Wayne J Goodwin BA (Hons) Bsc MRICS
FNAEA at £171,600.
The Endowment Fund is a capital fund from which the income generated is applied by the
Trustees in accordance with the objects set out in the Governing Document.
In accordan￿ with best practi￿, the Trustees have chosen to maintain an Extraordinary Repair
Fund to provide for the extraordinary repair, improvement or rebuilding of the almshouses.
Similarly, the Trustees have chosen to maintain a Cyclical maintenan￿ Fund to provide for
those items of ordinary Maintenan￿ and repair of the almshouses as recur at infrequent
intervals. Both are restricted income funds.
The Reserves represent the accumulated income of the Charity which is available for
expenditure in furtherance of the Charity's objects at the discretion of the Trustees.
Reserves Polic
The Trustees consider an appropriate level of Reserves should be held to ensure the Charity
has sufficient resources to meet its ongoing expenditure and to allow time for re-organisation
in the event of an unforeseen increase in expenditure or liabilities or an unexpected downturn
in income or asset values.

The Trustees have made an assessment of the risks and other issues facing the Charity and
have considered it prudent to set a target level of Reserves at an amount equivalent to one
year's estimated ordinary annual expenditure of the Charity.
The Reserves Policy is reviewed periodically by the Trustees. The amount held as Reserves
at 31 st December 2024 was £8,742, approximately two thirds of the target level. After several
years of significant expenditure on the Renovation Project, the Trustees now wish to
concentrate on building up the Cyclical Maintenance Fund and restoring the Charity's Reserves
to the target level.
Investment Polic
The BlackRock Charities UK Bond Fund lost ground during the year due to its composition of
fixed interest securities. The M&G Charity Multi Asset Fund prodU￿d better results, largely due
to its higher equity content.
During the period the Trustees regularly reviewed the performance of the investments and they
are satisfied with the overall balance of the investment portfolio.
Risk Mana
ement
The Trustees manage and govern the Charity in such a way as to minimise exposure to any
risks, be they governance, operational, financial, compliance or other risks, but so long as the
objectives and operation of the Charity are not compromised.

al & Administrative Information
Rolleston Almshouse Charity
Registered Charity No 1158564
148 High Street, Burton upon Trent DE14 1JY
www.rollestonalmshouses.or
Trustees
Mr S Sanderson (Chairman)
Mrs B Toon VI￿ Chairman)
Mr S D Appleby
Nominated by Rolleston Parish Council
Appointed
Nominated by Rolleston Parish Council
[from 4th June 2024. Previously Appointed]
Appointed
Appointed
Nominated by Anslow Parish Council
[from 21 st January 2024]
Appointed on 16th September 2024
[Previously Nominated by Rolleston Parish Council]
Appointed
Appointed
Ms A J Gillespie
Mr R N Houston
Ms S J Reader
Mr M D Robson
Mrs R D Tomlinson
Mrs S J Whitty
Clerk to the Trustees
Mr T J Bramall LLB. 148 High Street, Burton upon Trent DE14 1JY
Tel: 01283 564716
Email- charities
talbotco.co.uk
Accounts Examiner
Mr S Mcmanus
Solicitors
Bankers
Talbot & Co
148 High Street
Burton upon Trent
DE14 1JY
Lloyds Bank plc
16 High Street
Burton upon Trent
DE14 1JA
Signed
Mr S Sanderson (Chairman)
Date

INDEPENDENT EXAMINER'S REPORT
I report on the accounts of the Rolleston Almshouse Charity for the year ended 31st
December 2024 w'hich are set oul on pages 6 10 8.
Respective responsibilities of Trustees and Examiner
The Charity s Trustees are responsible for the preparation of the accounts. The 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 to examine the accounts (under section 145 of ihe 2011 Act). follow
the procedures laid down in the General Directions given by the Charity Commission
(under section 14i(5)(b) of ihe 2011 Act) and slale whether any 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
Charity Commission. An examination includes a review of the accounting records kept
by the Charity and a comparison ot" th¢ accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts and seeking
explanations t.rom you as Trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit and
consequcntly 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 statement below.
Independent Examiner's statement
In connection with my examination. no matter has come to my attention which gives me
reasonabl¢ cause to believe that in any material respect the requirements to keep
aLcounting records in accordance with section 130 of the 2011 Act and to prepare
accounts which accord with the accounting records and comply with the accounting
requirements of the ?01 l Act haN'e not been met or to which. in my opinion. attention
should be drawn in order to enable a proper underslanding ot" the accounts to be reached.
Signed .
Mr S Mcmanus
Date
1&4orLL g9l

Rolleston Almshouse Charity
Statement of Assets and Liabilities as at 31st December 2024
General Restricted Endowment
Funds
Funds
Funds
Total
31.12.24
Total
31.12.23
Tangible Assets
Propety
171,600
171,600
171,600
171,600
171,600
171,600
Investment Assets
BlackRock - Capital
BlackRock - SR
3.887
3,887
4,060
1,160
1,160
1,211
BlackRock - SFM
294
294
307
M&G- ERF
58,594
58,594
54,244
1,454
58,594
3.887
63,935
59,822
Cash Funds
COIF Deposit AIC ERF
COIF Deposit AJC
Bank Current wc
354
354
336
5,381
5,381
331
6,576
6,576
15,349
11.957
354
12,311
16,016
NET ASSETS
13.411
58.948
175.487
247.846
247.438
Represented by:
Almshouse Fund
171.600
171.600
171,600
Endowment Fund
3,887
3,887
4,060
Extraordinary Repair Fund
Cyclical Maintenance Fund
58,948
58,948
54,580
4,669
4,669
5,105
Reserves
8.742
8,742
12,093
TOTAL FUNDS
8,742
63,617
175,487
247,846
247.438
Signed
Mr S Sanderson (Chairman)

Rolleston Almshouse Charity
Receipts and Payments Account for the year ended 31st December 2024
General Restricted Endowment Total YIE Total YIE
Funds
Funds
Funds
31.12.24
31.12.23
Receipts
Contributions from Residents
19,847
19,847
17,786
Donations Received
2,222
2,222
3,641
Grants Received
Gift Aid Reclaimed
COIF Interest Received
50
17
67
94
Charinco Dividend Income
61
164
225
934
NAACIF Dividend Income
2,228
2.228
2,070
19,958
4,467
164
24,589
24,525
Payments
Repairs & Maintenance
3,502
13.347
16,849
57,072
Insuran
782
782
868
Water Rates
1,529
1,529
1,359
Community Call System
Council Tax
123
123
1,216
Gas & Electricity
TV Licence
18
18
690
22
22
22
Christmas Gifts
180
180
150
Almshouse Association Subs
433
433
286
Clocks & Bridges Fund
Clerk's Remuneration
5.280
5,280
5,100
Professional Fees
36
Trustees, Expenses
Miscellaneous
12.718
13,347
26,065
66,799
Surplus for the year
7,240
.880
164
-1,476
42,274

Rolleston Almshouse Charity
Statement of Movement of Funds for the year ended 31st December 2024
Almshouse
Fund
End'ment
Fund
ERF
CMF Reserves
Total
Balance at 01.01.24
171,600
4,060
54,580
5,105
12,093
247,438
Surplus for year
Transfers
164
-8,436
7,240
-1,476
-164
2.690
8,000
-10,526
Revaluation of fund
-173
2,122
-65
1,884
Balance at 31.12.24
171,600
3,887
58,948
4.669
,742
247,846