ROLLESTON ALMSHOUSE CHARITY ANNUAL REPORT AND ACCOUNTS for the year ending 31 st December 2025 Registered Charity No 1158564
ROLLESTON ALMSHOUSE CHAIUTY TRUSTEES ANNUAL REPORT for the year ending 31st December 2025 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, serdices 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. The almshouses remained fully occupied thoughout the year. All Weekly Maintenance Contributions were increased from 1st April 2025.The weekly charge is now £77 for the refurbished almshouses and £72 for the others. During the year, £194 was spent on a replacement fridge freezer for the almshouse at No 4 and this expenditure was charged to the Cyclical MaintenanTr Fund. The Trustees also spent £7,783 during the year fitting secondary glazing and 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 modernising the almshouses which totalled £3.270. Mana ement The Trustees met three 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 guidan 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. Chari Funds The Almshouse Fund is a capital fund representing the value of the property at 2-12 Burnside. On 12th August 2014 the property 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 accordan with the objects set out in the Governing Document. In accordance with best practice, 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 Maintenance 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 2025 was £10,029, marginally above the target level.
After several years of significant expenditure on the Renovation Project, the Trustees now wish to concentrate on restoring the Extraordinary Repair Fund. Investment Polic The BlackRock Charities UK Bond Fund made modest gains during the year due to its composition of fixed interest securities. The M&G Charity Multi Asset Fund grew strongly, 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 balan 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 vw.rollestonalmshouses.or Trustees Mr S Sanderson (Chairman) Mr S D Appleby (Vice Chairman) Ms A J Gillespie Mr R N Houston Ms S J Reader Mr M D Robson Mrs R D Tomlinson Mrs S J Whitty Mrs B Toon Nominated by Rolleston Parish Council Nominated by Rolleston Parish Council Appointed Appointed Nominated by Anslow Parish Council Appointed (Resigned on 31.12.25) Appointed Appointed Appointed 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)
INDEPENDENT EXAMINER'S REPORT I report on the accounts of the Rolleston Almshouse Charity for the year ended 31 st December 2025 which are set out on pages 6 to 8. Respective responsibilities of Trustees and Examlner 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 201 l Act)) and that an independent examination is needed. It is my responsibility to examine the accounts (under section 145 of the 2011 Act), follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 201 l Act) and state 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 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 any 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 statement below. Independent Examiner's statement In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting 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 2011 Act have not been met or to which, in my opinion. attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Signed . Mr S Mcmanus Date IS Q£)2
Rolleston Almshouse Charity Statement of Assets and Liabilities as at 31st December 2025 General Restricted Endowment Funds Funds Funds Total 31.12.25 Total 31.12.24 Tangible Assets Property 171,600 171.600 171,600 171,600 171,600 Investment Assets 171,600 BlackR¢xk - Capital BlackRock - SR 3,941 3,941 3,887 1.176 1,176 1.160 BlackRock - SFM 298 298 294 M&G- ERF 68,205 68.205 58,594 1.474 68,205 3,941 73.620 63,935 Cash Funds COIF Deposit AJC ERF COIF Deposit AJC Bank Current wc 369 369 354 1,689 12.962 14,651 5,381 6,866 6,866 6,576 8,555 13,331 21,886 12,311 NET ASSETS 10.029 81,536 175,541 267.106 247,846 Represented by; Almshouse Fund 171.600 171,600 171.600 Endowment Fund 3,941 3,941 3,887 Extraordinary Repair Fund Cyclical maintenan Fund Reserves 69.061 69,061 58,948 12.475 12,475 4,669 10.029 10,029 8,742 TOTAL FUNDS 10,029 81.536 175,541 267,106 247.846 Signed Mr S Sanderson (Chairman)
Rolleston Almshouse Charity Receipts and Payments Account for the year ended 31st December 2025 General Restricted Endowment Total YIE Total YIE Funds Funds Funds 31.12.25 31.12.24 Receipts Contributions from Residents Donations Received 23,662 23,662 19,847 3.270 3,270 Grants Received 2,222 Gift Aid Reclaimed COIF Interest Received Charinco Dividend Income NAACIF Dividend Income 269 15 67 60 160 220 225 2.509 2,509 2,228 23,991 5,794 160 29,945 24,589 Payments Repairs & Maintenance Insurance 1,130 7.977 9,107 16,849 807 807 782 Water Rates 1,775 1,775 1,529 Community Call System Council Tax 128 128 123 Gas & Electricity TV Licence 18 30 30 22 Christmas Gifts 180 180 180 Almshouse Association Subs Clocks & Bridges Fund Clerk's Remuneration 427 427 433 5,400 5.400 5,280 Professional Fees Trustees, Expenses Miscellaneous 9.884 7,977 17,861 26,065 Surplus for the year 14.107 -2,183 160 12,084 -1,476
Rolleston Almshouse Charity Statement of Movement of Funds for the year ended 31st December 2025 Almshouse Fund End'ment Fund ERF CMF Reserves Total Balance at 01.01.25 Surplus for year Transfers 171,600 3,887 58.948 4,669 8,742 247,846 160 -1,989 -194 14,107 12,084 -160 5,000 8.000 -12,840 Revaluation of fund 7,102 20 Balance at 31.12.25 7,176 171.600 3.941 69,061 12,475 10.029 267,106