Charity Regisrrntion No. 1162243 (England and Wales)
Company Registration No. 09355815 {Engla[￿ and Wales)
WOBURN 1986
ILimited by guar*ntee)
REPORT AND FINANCIAL STATEMENTS
YEAR El￿zD 31 2025
Iiiiiiiwiii
*AEFIiHW5"
1411112025
COMP*J41ES HOUSE
A03

WOBUILry 1986
CONTEwrs
P¥ge
Lg8al and administt*ive iufonnaiion
T1￿￿C5,
Stat¢mentof trth¥ reswsibiiifhES
In&pendent re
Stst¢men¢ of finwial aaivities
Balanee *et
Notes to the fiDan¢iat statements
8-14

WOBURN 1986
LEGAL AND AI)MXNISTRATIVE INFOR￿TIoN
Clarlty registr4tiop number
1162243
Compny registration Dumb¢r
0935i815
Re8tstered Off￿¢
Wobum
Bedfordshire
MK17 9PQ
'Covérning iiistrvmeAI
Sigrted a8￿ments d*td"30 aTMI 31 January 2018
Ch•rltabk objects
T.0 t￿rit general charitable purptyaes. including the relief
of FW pe￿￿lOnelS by the"prowision and main(enance of
hou5in&
Trustees
His Grace The 15th Duke of B￿lf￿d
Her Grnce The Duthtss of Bedford
DHFOX
P V"Lindon (rc5iv￿d 24th June 2tr24)
E D S Smith (app)iftioJ 24th Jwr 2024)
Se¢retary
A.T Taylor(￿s1￿d 12 Swember 2025>
A G Hart {ap￿1￿￿d 12 Stwbtr202i)
B••kers
R3S Group
280 Bishops
EC2M 4RB
Lloyds Bank Ple
25 Grt5h8m Street
Lr￿d0￿
EC2V 7HN
Solicltor5
. Bc￿e Hatfield
240 Blackfriars Road
London
SEI 8NW
Indep¢ndEuI E￿minerS
Mercer & Hole LLP
Thc Pinnaclc
170 Mjdsummyr
Milion Keynes
8u¢kirtghamshiTt
MK9 IBP
Page I

WOBURN 1986
TRUSTEES, REPORT
FOR THE YEAR EI¥DED 31 MARCH 2025
The Trustees presettt their TeNJrt and the a￿lted aceounts fw the year en¢kd 31 March 2025. Tr
rru5rees have adopted th¢ provisions of the Statemertl of RttommeThhJ PraGtice {SORPI'
'Ac¢ouftiiftg and Rep¢)rting by Chariries. (issued July 2014) eftectiye frcth JantAry 2015. a¥
applicable io those companies repffiing under Financial ReportinE Strdndard 101 in prtp*ring rhe
ftttnuai report and financial siatements of the Charity.
Struttur< ggv¢rn*nce *ud
Woburn 1986 is a ¢heriiabl¢ comrAfby. limiied by guaranie4 incorpora￿d oft 15 December 2014
with tk company re8iStrBtion numt*r (83i5815 and is a re8i#ered Cl￿ty, number 1162243. Tl
address of the pri￿1p?1 office of Ihe tharity is The Bedford OffKe, Wobum. Bedfordshire. MK17
9PQ. On il Jan￿ry 2018 all nf the a¢tivilics Jnd assds of Ihc unin¢(￿or8￿d ¢har¢ties
Wubum 1986 Charilable Tru5r (r¢gi5r¢r¢d charity nurnber 29552)) and The Woburn Aljnshouyg
Ch&rity (te8is(ernl charity number 2(M)392), wve Irartsferred io this compAny. The Trustees, who
are direciots of the comEony. and. Mtrr 5ervingat tbe year end 31 Marth 2025 were:
His Glac¢ Th¢ 15th I￿￿k¢ of Bcdford
Her Grace Duche55 of Bedford
DHFOX
P V Lindon- resigT*d 24 Jkme 2ff24
E D S Smiih- appointed 24June 2W24
1*1¢thod of r¢¢rultment and APPOiatm¢nt 0Ttrnstee5
The TruAees retain the p0￿r ¢0 appoini new trnste¢s ne&4 arises bastsj ￿ the assessment
of the skills they can bring 10 the tnLsiee b￿Jy.
Monitoring
The Trnsiees 4yrove the audited acc￿￿* of Charity •J￿￿ally and are thus able to direct any
xtions showT¢ 10 be necessary. Thi5 wivides *qu* moni¢OrillB of thE reserves.
Pri4¢ipal Objtt¢ives adivities
The obje¢tiYc of the Tnsi, 05 set in ITS 8overning d￿Urn¢nl. Ès to ￿r￿fil ¥eneral Lharitable
pU￿oSe$. including ihe Teli¢f of poor pensioners by the provisi¢￿ afid maintrnartt of hovsing.
including the Charity's seventeen FrEehold almshouse4 kjw as Sratsnion H￿se in Bedford Street,
WobunL
Trnstee5 Confinn ihai they ￿¥t ref¢rTed io euid*n¢¢ c￿rnined in the Charily
Ccmmission's 8ener318uidance on public benefit when reviewing the Trust'"s aims and ohjeciives
and ift planning future a¢tivitie5 sellin8 the wi M￿lmsPOIleY for the year.
Resulis for the year and fin#ncial rtyiew
Rental, investment ItKome aftd bartk inlere5t receivable for the year aMrA￿ted to £168.317. (2024:
£155.741)
After dedueting other attrib￿ble ex￿￿se5 8fMt the revaluation on Investsneni Property, the
decrcase in fund5 for the ￿riod amounred ro {£1.244.939). which RduL%d the Unrtstricied General
Fund. ConsequEnily, ¥vaiiable futK15 ￿re £5.691.292 at year eThJ.
Pace 2

WOBURN 1986
TRUSTEES, R£PORT (continued)
FOR THE YEAR EIYDED JI MARCH 202)
A¢hicveThcnt5 Aad P¢rform2th
thjring ihe year the Charity PTovithd relief to ￿nsIOnerS by the pmis11￿ mall1t¢n￿ of ]￿U51n&
Th¢ Charity also made donation5 to ￿her local chrities.
Investmejt polity
The Trustees a￿ conttTned io maiTrtain th¢ levd of Èncornc 10 coniinuE the donation￿naking wlicies of thc
Chariiy. They also wish io ¢n5ure th¥t ihE ￿pittl b45e of the Charity is main￿ined an¢ where pu55ible.
enhanced in the long-temi irtreresrs of thD5e charitable aclivtties whith the Chariiy assisrs.
Organisation
The Trust is conttolled by" a iK4rd uf Truslees whiLh m¢ets lormally at regular intervals. The Board is
responsible for straregy and for finartial controls WKI d¢le8*È9 day to day managen￿l to ihe Trus*$
Re8iSt¢rcd Addre5S.
Risk Management
TIL¢ Tr￿te£S hav¢ &55used ih¢ major risks w whKh the charity is ex￿5￿1. in wlicular (kne r¢laLed to th¥
(trpttation8 and finances of the Tru51: and are satisfied thar 5yStem5 ￿ in tAate 10 mitigate exposure io the mai
ri5k5.
Reserve5 policy
Th¢ TTu5tees' pjliry i5 to rnaintyin 4 lev¢1 of r¢5erYes whith will provid¢ a 5tsblE ba5E for its Co[￿l￿￿1n8
activities, and Ihi5 Is revtewfd regulèrly. Substanlially all of the furKts 6￿ unrestric*d, can ￿ used for
the 8erterdl wrp05e5 of the Trust aNI can be wnxd irtto cash at sh)rt notice if neeesw. Accordingly. the
Tnslees do not Gonsider i1￿1 li is nxe55ary to all(¢th a 5Um to bB held as a short t¢rnJ re5erv¢.
Grants and donations policy
Oonations 8iven in nne year do nrA nettssarily sep* a pr￿edenT for giwng in yeirs. A Lveakdown
of donaiiorts by recipient Forthe year ended 31 March 2025 Is Eiven on page 10.
Trus¢¢u' ex￿￿Se$
It is the poliw of Tiusl ro re1mbu￿e Trustees For legilimate expense5 Wtve requested. Experw claimed
during the year toialled £nil (2024= £niD.
This repon has kcn Fycpared in accordan￿ with the S¢aiCff￿nt tsf Rc¢ommerMlcd Pra¢tLCe; Accounting and
Re￿rtIng by Charities {is$ued 2019). a5 appliiable lo Uxjse companies re￿￿1￿.
uThJer FinarKial Reporting
Srarthrd 102 and in a¢ccrdance with the sp¢¢i81 wovisions reiaiing to sfftall companies Withtn Pan 15 ofthe
Cornpanies A¢l 2urJ5.
Tlie
keofB
Page 3

WOBURN 1986
STATEMENT OF TRUSTE&S' RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARC.H 2025
The Trustees are re5ponsiN¢ for preparing the Tntsrees. Rep(rt and the financial sthtemenls in a￿ordanCe
th applicable law and United Ktngdom A¢counirng Sraodards (Uniied Ki2Edom Gcnclally A¢cepted
Ac¢vurfin8 Pra¢ticc).
Company law requirts ihe trusiees to PTepre fiTw*ial sr8temenrs for exh fina￿la1 year wknich gi￿ a true
and fair view of the sthte of affairs of the charitsble company and of th¢ in￿ming Tesour¢es and applicalion
of r¢50UTce& tncltyling the itKome aTrJ eX￿nditur4 of the GlaEitable comFony for that period In prying
these financial sratements. the Tn￿ are required to:
. 5elecl 5uitable.acc(￿rin¥ wlt¢te3 and then apply thEm COWi51¢DIIy.
' obseThe the method5" and PriTKiple5 in Ilw Charities SORP {FRS 102):
. make J￿1&eMents and estim￿ts ihat.ar¢ reasorwbie and pnyJenL
St*e ¥vhaher appli¢ablc ac¢ouniinE 5taftd8rdg have ix¢n followel 51ibjed to malcrial
departures th"scIo￿d and eKplait*d in the finan¢ial statements: aTr
' w¢pare the fiT*n¢iai ststem¢nts on the goi￿ basis wAIE55 it Is irrdppropria.te to prelurnè
.that the charity will continuc in busiAeSS.
The trustees are reS￿nSIble for keeping proper accounting TecoTds that disclose the reasorgble accuracy at
ally lime the firwrtiil r￿ltIOn of th¢ ¢haTity and errtblc tt￿￿ to ¢ASUTe thot the fLnantial sthtements comply
with the Comparties Act 2006. They art also rcsp)n5ibk for safe 8uardin8 the a55ets of th¢ tharitable
cThnpany and hence for tsking reasonabk sttps for the preveml(￿ and. detection o! and (Aher
I￿eSUlan1l¢$.
Page 4

WOBifRN 1986
FOR THE YEAR ENDED 31 MARCH 2025
IndepeTrdedt ex•miner's report to the Trnstees of Woburn 1986 ('the CoTrpauy')
We Teport to the charity TnJ5tees ow examinwion of the a¢counts of th¢ Company for the year eftded 31
March 2025.
Rt5pongibilities ald basls of repDrt
As tk Trustees of tr Company (and its directLV5 for the PUTPrt$ of COTnparEy law) you are resp)n5ibk fcK the
preparntion accounts in accordzntt wilh the requiranerts of the Companies Act (the 2006 ACV).
Having 5aii5fied oursdves ihat th¢ account5 of th¢ Company atE required to it athlited under Pth 16 of thE
2006 A¢1 and are eligible for iThJepetht ex￿]natIon. wr report in r¢$pect of our examinaliiKL of thr
Compatys aeeount5 Carr￿ out under seciion 145 of the Charities Act 2011 (Ihe 201 l Acf). In canying out OUT
examination we have followed the DirectiotL5 giv￿ b> th¢ Charity C(rfnmissirnJ utth section 145(51(b).of the
2011 Act.
lTrdepend¢atex**i•ees tt#t¢m¢fti
We hve ¢omplded our ex￿inatiOn. We ¢onfirn tIMt no m•ttets have ¢ome to otjratterttkon 111 cixineciion with
thc cxamin&tiort giving us causc to Eelit%t:
l. acc¢)uniing records were rtot kw ofthe Companyas required by sectiryl 386 ofthe 2006 Au" or
2. the accounts do ￿t accord with those T￿ordS. or
3. the ac¢ourtts do not Gomply with the a(zounting rewirements of Wiort 396 of the 2006 Act other than any
requirernent thot the accounts givc a 'tnK and faie view which is Twjt a tnattcr considered a5 part of att
independent examirArÉryi- or
4. the accwnis have not been pr¢wed in accorda￿ wilh ihe methLNts and principles of &atetllEnt of
Recommended PT3Ctice for accounting and reporting by ¢haTities.
We have ￿ conccrs and habt Mm¢ othcr mattus in ¢onn¢ction with the examination to which
att¢ntion should k drnwn in t￿5 re￿1 in oth ￿ enable a wper uThJersthTrJing of the accounts to be reached.
njis reptyt is made solely to tl* Tru5tte& as a i*ly. in accordance with Part 4 of ttte Charilie5
(Accounts and Reports} Re8ul•ions 2008. Our work bren l￿de￿aken so that we might stale to the
Company'5 Tr￿{te5 iknc matters we are reqwred to sMte to them in an IndeFtndent ¢xaminert report and for
no orher purpv¥¢. To thr tulffte5t extent p¢miitted by law, we dLI TK)t a¢¢eix w ¥•>urne r¢5ponsibility to any¢)ne
than th¢ Company and ihe CJ)mpanYs fTUStees &% a I￿. for work or for ihis wrL
Si8ned: la
Datsd. 13 frkn￿ber 2Wd5
Sieve Robinson FCA
M¢r¢er & Hole LLP
The P>nnaGI¢
170 Mtdsurnmer Bl*
Milron Keynes
MK9 IBP
Page 5

WOBiIIiN 1986
STATEMENT OF FIL¥ANCL4L ACTIVITIES (l￿Orpo￿tin8 an in¢ome and expeTrliture ieeoiiftt)
FOR THE YEAR ENDED 31 MARCH 2025
U•r¢5tf4tlul Ce•¢ral F￿d
2025
U*rtslritl¢d GefvEThl FuDd
.2024
Rent
l67,$23
15>275
466
155.741
Totsl tnEOU
168,317
Exprndit¥re on
Ch¥itable a¢iivi
R¥i5ing Funds
3.029
83,231
8),575
Total Temr¢e5 expewd¢d
86,134
86.260
Net •Nco*iai ruouff•S
82.183.
69.48.1
Oth¢r unrcwised Sain￿10&￿¢s)
(1.327.122).
150,429
Iyet mover•Ent im funds
(1344.939)
219.910
R¢concili•lioo ol fvnds
Fond Imkntt brought ftsrw&rd
Totol funth trth5ftrred irfo
6.9362>1
6,.7.16.32L
T•tsl furtds c%rryed for*¥
5.691292
6,936.231
All unrecoBnised yins and IDsscs Viithin stawntnt All"•mwnts relaie ro corfinuing ￿lvities. The
nOfES On P4¢5 8 ¢0 14 forni ￿ of these fioan¢i*l
Pa8e6

WOBURPI 1986
COMPANY NUMBEJL. I)9355315
BALAYI CE SHEET AT3J MARCH 2025
2125
JZ4
Fixed *#ets
In¥csimenL Prortrty
7.920.0
7.850.iIXI
448.168
1102
Invc51m¢nts
7.9Zla04
8JQO,270
Curr¢hi 453CtS
Dcbtorjand w¢ptym¢Trts
Cath at bunk 4￿1 in httthl
15.977
?Q.L?8
6.7iQ
li,918
8.397
24,315
Currtllt liabiltlies
Credttor5'. aTr)uws falliiltdt
within one￿¥
io
Q26&761)
1.31&3541
Not currtntMablli1SE5
1? 232.012)
11,361,OJ91
T•tBI N¢t a55tts
5M)1392
6JJiJJi
T&¢ fuTrd$ qfth¢ ¢hThrity
Unrwicttd Funds
2.907.718
2.78•.574
2M4a34
4.111.897
5.691.292
6.936.2J I
TO￿1 chariiy fund5
6J36J31
These finaThcial h4v¢ b¢en prrpued irt arcLYdw the pM¥isw)n5 Tel￿1Th8 th s￿￿1
¢oryahi¢s within Part 15 ofthe Cc4np*ftxes 2006.
F¢¢ thc finlrtriul )t•r in question the ¢)Jmwy £nkntk4 lo exefflwioft ￿nder 5ecEion ¢77 of tr< Compani
Aci rclAiing ￿ small cOmrAn￿s.
No mcffthcry have rtquirtd thc comFthy io (*Jtwn ofits ftsr tk ￿ in w¢stiDn in ir)yd￿¢￿
Wllh S¢LLion 476 oftht CcrfnpanLES ACE2W6.
Th¢ d1￿Clo￿ a¢knowl¢d8¢ Tht&r r¢swJnsthiliLy compl)In8 of &. Au With L
r¢¢vrds' dnd iorthE wepaAiioty of 4ruJutU
ThÈ* havc be￿ in arrorknx wilh Ihc prpv¢sxw romwics wbieci to th¢
11 cofflponK5' rrBiifx.
1Th¢se finanoal aFpfoYLNI by ￿T￿y¢£$￿ oi | li li
Thc Dts¢lie5xoF8¢dftyd
Yrumic
tj 5 5miih
Corrpany RegistrAw No. 09J5511i
Paae 7

WOBURN 1980
NOTES TO THE FINANCIAL sfATEMEPnS
FOR THE YEAR ENDED 31 MARCH 2025
Ch•rity informatlon
Wobum 1986 is a priv*e company limited by 8urntre rtgistered in England IT￿ W•ks. In lh¢ event of the
dthrity bcirtg wtyjnd up. thc liability in.rtsw of the 8uaTanttt is limiid ro £1 per rnember Df the ch¥ity. ThE
re8rstered office is B¢dford Offi¢4 WobwTh Bedfontshire MK17 9PQ.
Ategunring PoJicie5
l.l Basis ot'prep*ratio
The financial stst¢mcnts Ixcn preEWtd ill accordance with the Accounting and Reporting by
Charities.. St&ement of Recomm¢J¥Jed Ptaaice applicable to charities preparing th¢ir ￿ounts in
accor¢Janc¢ wilh th¢ Fina￿la1 R¢poning Standard applicaW¢ in ¢he Unital Kingdom and Rewblic of
Ireland {PRS IU2). Charities 2011. th¢ Compani¢5 At( 21￿￿ arxf UK Generally AcCep￿j
Attounting Practice.
Wobum 1986 m¢¢ts the deflnition ora public ber¢fLt crtity undu. FRS 102. A55ets atKI liabilities are
iniiially reco￿1￿ ai hi￿0￿Cal c4M or trnnsaction 7ralue unless Mied in thr rrl¢vani
attounting Poli￿ nole.
Ai thc iimc of apwoving fiTwial staww tnty￿s hav¢ a rea50￿ble exwWiorL th&t the
mpany has adwuare re5Wtrc5 to fL¥Llinut in opcratiottal CXiST¢￿e for the foreseeabl¢ future. Thys the
[r￿Stee5 contifi￿ to adwthe Boingcon¢em basis ola¢¢oynil￿ in pr¢pwir¥ the financidl 5tstern¢nr5.
12 Tangibl¢ Filed Assets
Freehold & Lusehold propertre5 rrVa1u￿ year. which ¢omplie5 With th¢ requirem¢nts of ihe
SOIIP (FRS 1021, ID cortsidcr the propertie5 in the balance she¢t It their fiiT valuL Tht
reYdlu*ion 15 ¢ondwwl by tr* tru5ttt¥ wilh the ￿ldance of wofessional valuers.
IJ Investments
Inve*ments arE 5rated lt Iheir rni&m4rkei Val￿ at tr y¢ar end and tht awegale 5urplu5 or deficit ts
traTr5feTred 10 Unrestricted General Fund.
Profits or losses on disr￿1 of Inve5m￿m5 are taken to the Unrestricted GeneAI Fund.
1,4 FiM4Nci¥l in5trumMts
The ¢haTity only ha5 finartcial assets aThl li4biliiie5 01 a ki￿[ thai qualify as basic financial instruments.
Lla8ic tinafici￿ in5trwnents a￿ inilially retognised at transaction Ydlue atvj sUbseq￿ntIY measured at
their settlement IA1￿.
l.S Income
Rents rE¢eivable are accounred rc*.¢￿ the accruals basrs.
Investmerti inc(•Me 15 accounted for on a re£eipis.t•5i
Pège 8

WOBURN 1986
NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 MARCH 21U5
1.6 Resourtts exp¢gded
F.NxDdiiure is on the •c¢wal* btsis and attribuiable VAT which r2nnoi be
Dorntion3 ￿Yable are chtrg)J in theyear when the dorWion is appro7Kd by th¢ tr￿st
Liabiliiies are rwisEd &5 ¢x&YJ}ditU￿ 15 S(￿1 as ilwe is a leg81 or constr￿five obligation
committing ihe G￿rIty to that expendFtw4 it is wobable that settlement will be Tequired Jnd the
arnow)i of tlK obligation k¢ mrasw￿ Teliably.
1.7 Coryorauoo tax
The Charity h&$ Gharitable status aTrl 15 exempt from corwsmion tax on the incorne it h&s ￿e1ved.
t.8 Cash Flow St*tem¢*t
The company has tsken the exemption in the Ch￿]￿leS SORP (FRS I￿1) (2019) from pryin
cash tlow ststement on the 810th￿ that the ¢ompmy is small.
1.9 IDv¢stmeDt Proptrty
Inve5nnent is carried at fair determarted alln￿ly and derived from the wrreni market
rents and inveStn￿t propty yields for ￿parable real eS￿le, adjusied tf necthsary for arty
difference in the naiv￿ Io¢*ion or coThlitsoll gr the specifi¢ asseL No deryeciation 15 ￿VIded.
CPAng¢s in fair arc tecogftiscd in th¢ StstemEnt ofFIna￿l&l A¢uvitie
Rel*ted p•rty ¢rxn5actiofts and Trn$ttt5' exp¢fjses *•d reffjufteratio
During th¢ ycar ihcrc wcre thc followin8 rclated party transxtions:
During the ycdr donation5 from ihe Tavisti)¢k Trust foT Aphasia were nil (2024.. £nil).
During rhe year a furthcr lo•n thv Lord Howlartd's 1987 Settlerncnt of £990,1
(2024.. £260.IMX)} bringing the totsl loan at 31 Mawh 2025 to q218fj68 (2024.. £1.227.000).
Nont of thE Tri￿[¢¢5 Teceityed w remune￿10￿ [rimixwse￿ of up¢n3¢5 dwin8 the year.
3 Stftff e05ts
The 0)MF￿Y has no direct employees. Th¢ cffltP￿y 15 administeted by Trustccs other
services arepurcha5e4 from thirf party gjppliers wkn thE ￿Ed ¢￿1
Page 9

WOBURN 1986
NOTES TO THE FINANCIAL sfATEMEKrs
FOR.THE YEAR ENDED 31 MARCH 2W25
4 Expendithre
UllrT5tr•ct•i .
2025
Unrestricled
2024
t)oMtions:
Pwrs C041
s￿Port¢05ts (rtote 5)
3.559
4,559
3.029
Unr¢5tr1c'ted
2024
'Raising Funds-.
Repairs & Mairtlemixe
Water Rale5
RefiLrbislLments
Fees on Pl￿ Trd[S￿l0ns
Council T￿.
1,658
214
17.788
1.882
13,554
5.915
2.657
20.486
6,.676
5,444
81575
Support ctysts (note 5)
83.231
Page 10

WOBURN 1986
NufFS TO THE F￿NANCIAL STATEMENrs
FOR IIIE YEAR El￿ED 31 MARCH 2025
S Support eosts
) Break￿•￿a by aLtivlty
UDr¢51it1rd UnrEStricltd
2015
2024
Ch8rit*ble #thyitbtx
SUp[￿rt CO￿ relating to Don*iiJns
Raisin8 funds
3.559
5.444
3￿29
3.446
9,(K13
6.475
b) Bre•kdowM ofsllPPOrt
Cb*riigble
R*i5ing
fund$
Totsl
Lyl and Prof￿10￿al fees
Bank r￿g
Indewdent Examiner fee
Acwun4n¢y aftd AdmLni5tr*ive w5ts
1,431
454
1.984
454
3,968
1.150
1.9¥4
3.559
9.003
Support costs are ¥1k￿tr￿ on eTtheradit¢L basis or i**d on th¥ tirr* ok¢n ￿r *tivity.
Page 11

WOBifRN 1986
SCHEDULE TO THE fiNANCIAL STATEMENTS. LAND AND BUILDINGS
FOR 171F YEAR ENDED 31 MARCH 2025
6 Land aAd Buijdin
Investffleat Pr(ffjerty
Freehold IDveJtmeDt Property
Valuaii¢)n at l April 2024
lmprnve￿￿nt$ to property- year ended 31 M￿h 2025
Trnnsfcrred from a55ets corstru¢tion
Deficii on reVaI￿tiOn
5,650,IXK)
950.155
448.168
(1378,323)
At 31 Mthreh 202S
5 670,0
L¢tsehold Imv*thntnt Pro￿Tty
Valuation at l April 2024
Improvemenis to wopErry- yearended 31 M*rh 2025
Increase on revaluation
2200,000
50.fA)O
At31 Mabr¢h Z025
2,250.000
The 2025 valuwions mde by thetsU￿tt$. using the advi¢e of a leadingpwm aBenL OD an opcn
market value for exisiin¥ use basis. These valiRtions us¢ m3Tktl rental values Lapithlised &t a market
Capitsiisation rate bui there ts an ittewi¢able dewe o[j￿IgeMenI involved in that each propBrty 15 Uniqu
and Val￿ can only ultirn*ely be reliably *Sted in the markei its21t.
11 the Investment propenies had been accounttd for unthr the historic uisi aceounurig rule& the
proFtrtie5 would ha￿e been measwed as follows:
2025
2024
Frt¢hold IAv¢stment Property
HLStoric Co
Improvements to property
Transferred from as5etS UDder Co[&r￿li
2,660.464
950,155
448.168
4,058,787
2.660,464
2,660.464
Ltasehold InvotmeAI Property
Histori¢ G)st
1.077.639
1.077.639
1.077.639.
1,077.639
The le8sehold in*Tesr in Fox Clos4 W(lJurn wll expire in 2067.
PaBe 11

WOBURN 1980
SCHEDULE TO THE FINANCIAL ￿ATEME￿. LAIYD AND BUILDINGS (eolltinued
FOR THF YEAR ENDED 31 PdARCH 2025
Stgunton House
Th¢ c]￿rItY an addition￿ as Stwntiin House which 15 operaioa a5 an Almshouse
for The E¢r*fJt of its ienants. The property ¢J)natoA to implenMi8tion in 1994 of the Statement
of Recommendtsj PAdice ttrfore. ha5 no original c(
On mer8cr of ihc asscts of the Wotxwn AlMshol￿ Charity aExI thc Wobum 1986 Charityble Trust on 31
Jaaudry 2018 the Charity Commission providal a sclMie lor the N￿rger by which th¢ frtehc*ld inler¢st
in Staunton Hw5e remain&J V￿ed in the trust5 of the Wobjm Alm%houY Charily as a method of
preser¥in8 the peThanent ¢n¢knYm¢ftr iM￿Se4 by the Charity Commission Én relation tg thit property.
Further Charity Crynmission scheme made Wobum 1986 the sole corpornTe In￿tte of Woixfft?
Almshouse Charity and treated a linking whith ¢￿all¢S Woburn 1986 to treat the PrO￿rtY as its asset
thereby rcceiving the inccffle (krived frorn ihe and rettllining re4M)n5ibl¢ for Il* of
aintaining and yraiing the property.
Asset under contrnttio
2024
202312024 R￿0V￿lOn$ io Stsunton Houston Boin8
Trawsftrred tr inv¢5tmcnt pry
448.168
(448.168)
448.168
448.168
The total renovation cost held in 2024 as asset under consirucrion been Lxp1i￿IsCd in full under
investsrMt properttes irt 202).
8 InVest￿ts •t rnarlet vilve
Listed Inve$tme•ts
Balance at l April 2024
2.102
1.148 Barclays PLC 5hare5 of 25p each
M0ven￿￿ in valuation
1202
Balance at 31 M8rrh 2025
3,304
9 Debtor5
2D25
21124
Reni DeixoTS
Pffpaid Expenses
Accrued Incom¢
14,106
1.760
56
li.596
2,322
l j,9L?
15,918
Page 13

WOBURN 1986
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YFAR ENDEI) 31 MARCH 2￿5
10 Credito
21)25
2024
Trade ¢redtioYs
Accrued ¢xpens¢S
Prtpaid rErt
Loafv from 1987Selllement
R¢Ncr¢ditOT
Reailoc*ioTrof Debi1 baJarK¢s WPL
20J68
14,CKX)
12,878
1218.6kn8
2,847
57.439
89.516
1.227.000
l.i84
1,174
2.268,761
1.388.3S4
11 A￿ty515 of Metamets betweeo funds
F.ixed *s%ts J¥¢t Cmrrefftt
ligbS1ities
Total
Unrestrict￿ Ctnernj Fuod
General Funds
lievaluation Ke5erve
5.139.rJo (2231012)
2,7¥3.574
7.923,J(
2.907.718
1785.574
5,69).292
223IOI2
Pa8e 14