2025-12-31-accounts - St Lawrence's Hospital CIO

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`Charityname:`	`StLawrence'sHospitalClO`
`Registeredcharitynumber:`	`1168625`
`Principaloffice:`	`BathurstEstateOffice`
	`CirencesterPark`
	`Cirencester`
	`Gloucestershire`
	`GL72BU`
`Trustees:`	`TheEarlBathurst- Master`
	`EdwardAllsop- Master'sNominee`
	`PaulBabbage`
	`AndrewLichnowski`
	`SandraPrice`
	`JuliaJudd- appointed13May2025`
`Clerk:`	`JaneWinstanley`
`Bankers:`	`LloydsBankple`
	`14CastleStreet`
	`Cirencester`
	`Gloucestershire`
	`GL710)`
	`CCLA`
	`85QueenVictoriaStreet`
	`London`
	`EC4V4ET`
`Independentexaminer:`	`CaraTurtingtonFCADChA`
	`SafferyLLP`
	`71QueenVictoriaStreet`
	`London`
	`EC4VABE`

	`Page`
`Trustees’report`	`1`
`Statementoftrustees'responsibilities`	`4`
`Independentexaminer'sreport`	`5`
`Statementoffinancialactivities`	`6`
`Balancesheet`	`7`
`Notestothefinancialstatements`	`8`

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202 Aug 26
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	`Note`	`Unrestricted`	`Restricted`	`Total`	`Total`
		`funds`	`funds`	`funds`	`funds`
		`2025`	`2025`	`2025`	`2024`
		`£`	`£`	`£`	`£`
`Incomefrom:`
`Charitableactivities`		`143,298`	`-`	`143,298`	`140,129`
`investments`	`5`	`26,878`	`-`	`26,878`	`29,524`
`Otherincome`		`-`	`-`	`-`	`455`
`Totalincome`		`170,176`	`.`	`170,176`	`170,108`
`Expenditureon:`
`Charitableactivities:`
`Maintenanceandrunningof` `almshouses`		`145,560`	`-`	`145,560`	`115,677`
`Totalexpenditure`		`145,560`	`-`	`145,560`	`115,677`
`Netgains/ (losses)oninvestments`	`8`	`(41,071)`	`(2,162)`	`(43,233)`	`21,689`
`Netgains/ (losses)oninvestment` `properties`		`”`	`-`	`-`	`16,000`
`Netincome/ (expenditure)`		`(16,455)`	`(2,162)`	`(18,617}`	`36,120`
`Transfersbetweenfunds`	`11`
`Netmovementinfunds`		`(16,455)`	`(2,162)`	`(18,617)`	`86,120`
`Reconciliationoffunds:`
`Totalfundsbroughtforward`		`2,093,303`	`53,263`	`2,146,566`	`2,060,446`
`Totalfundscarriedforward`	`11`	`2,076,848`	`51,101`	`2,127,949`	`2,146,566`

	`Note`
		`£`	`£`	`£`	`£`
`Fixedassets`
`Tangibleassets`	`7`		`1,380,664`		`1,046,736`
`Investments`	`8`		`667,046`		`1,065,279`
			`2,047,710`		`2,112,015`
`Currentassets`
`Debtors`	`9`	`4,905`		`10,752`
`Cashandbankathand`		`88,433`		`56,133`
		`93,338`		`66,885`
`Creditors:amountsfallingduewithinoneyear`	`10`	`(13,099)`		`(32,334)`
`Netcurrentassets`			`80,239`		`34,551`
`Totalnetassets`			`2,127,949`		`2,146,566`
`Funds:`
`Restrictedfunds`	`11`
`Restrictedfunds`		`30,452`		`30,452`
`Revaluationreserves`		`20,649`		`22,811`
			`51,101`		`53,263`
`Unrestrictedfunds`	`11`
`Designatedfunds`		`1,390,864`		`1,056,936`
`Revaluationreserves`		`280,560`		`462,310`
`Unrestrictedfunds`		`405,424`		`574,057`
			`2,076,848`		`2,093,303`
			`2,127,949`		`2,146,566`

`Incomeandexpenditurefromlettings`	`2025`	`2024`
	`£`	`£`
`Incomefromlicenses:`
`Weeklymaintenancecontributions`	`155,375`	`154,300`
`Less:lossesfromvoids`	`(12,077)`	`(14,171)`
`Totallettingsincome`	`143,298`	`140,129`

`Employees`	`2025`	`2024`
	`No.`	`No`
`Staff`
`Clerk(part-time)`	`1`	`1`
`Researcher(part-time)`	`-`	`1`
	`1`	`2`
`Staffcostsfortheabove`	`£`	`£`
`Wagesandsalaries`	`14,304`	`14,000`
`Socialsecuritycosts`	`-`	`-`
	`14,304`	`14,000`

	`Noemployees`	`receivedemolumentsofmorethan£60,000(2024:noemployeesreceivedemoluments`	`receivedemolumentsofmorethan£60,000(2024:noemployeesreceivedemoluments`	`receivedemolumentsofmorethan£60,000(2024:noemployeesreceivedemoluments`
	`over£60,000).TheClerkisconsideredtobekey`		`managementpersonnelforthepurposesofFRS102.`
`5.`	`Investmentincome`		`2025`	`2024`
			`£`	`£`
	`Incomereceivablefrominvestments`		`24,440`	`27,041`
	`Incomereceivablefrombankshort-termdeposits`		`1,104`	`1,149`
	`Rentalincome`		`1,334`	`1,334`
			`26,878`	`29,524`
`6.`	`Expenditure`		`2025`	`2024`
			`£`	`£`
	`Directcostsofhousingmaintenanceandmanagement`
		`Insurance`	`5,202`	`4,628`
		`Responsivemaintenance`	`24,000`	`17,755`
		`Plannedmaintenance`	`11,512`	`271`
		`Otherdirectcosts`	`6,284`	`3,280`
	`Donationsto`	`organisations`	`-`	`-`
	`Supportcosts`
		`Staffcosts`	`14,304`	`14,000`
		`Legalcosts`	`13,230`	`-`
		`Depreciation`	`61,936`	`53,998`
		`Managementcharges`	`624`	`7,491`
		`Otheroverheadexpenses`	`4,708`	`9,658`
		`Governancecosts{seebelow)`	`3,760`	`4,596`
			`145,560`	`115,677`
	`Governancecosts`
	`Independent`	`examiners’remunerationinrespect`	`of:`
		`independentexamination`	`3,760`	`2,298`
		`Preparationofaccounts`	`-`	`2,298`
			`3,760`	`4,596`
			`Page11`	`Fanaanan`

`Cost`
`Ati January2025`	`1,629,705`
`Additionsandimprovements`	`395,864`
`At 31December2025`		`2,025,569`
`Depreciation`
`Ati January2025`	`582,969`
`Chargefortheyear`	`61,936`
`At31December2025`		`644,905`
`Netbookvalue`
`At31December2025`		`1,380,664`
`At31December2024`		`1,046,736`

`Investments`	`2025`	`2024`
`Totalfixedassetinvestmentscomprise:`
`Listedinvestments`	`583,546`	`981,779`
`Freeholdland`	`83,500`	`83,500`
	`667,046`	`1,065,279`
`Listedona recognisedinvestmentexchangeintheUK`	`2025`	`2024`
	`£`	`£`
`Marketvalueat1 January2025`	`981,779`	`960,090`
`Additions`	`-`
`Disposalsatproceeds`	`(355,000}`
`Unrealisedgain/(loss}oninvestments`	`(183,912)`	`21,689`
`Realisedgainondisposalofinvestments`	`140,679`
`Marketvalueat31December2025`	`583,546`	`981,779`
`Costsofinvestmentsatthebalancesheetdate`	`356,137`	`570,458`
`AllofthelistedinvestmentsareheldintheCOIFCharitiesInvestmentFund.`
`Freeholdland`	`2025`	`2024`
	`£`
`Marketvalueat1 January2025`	`83,500`	`73,500`
`Revaluationintheyear`	`-`	`10,000`
`Fairvalueat31December2025`	`83,500`	`83,500`
`Historicalcost`	`10,200`	`10,200`

	`Thevaluationofthe17acresoftenantedagriculturalfreeholdland`	`wascarriedouton1 May2024by`
	`TheBathurstEstateOfficeandreconfirmedat31December2025bythetrustees.`
`9.`	`Debtors`	`2025`
		`£`
	`Weeklymaintenancecontributions`	`4,285`
	`Otherdebtors`	`620`
		`4,905`

`10`	`Creditors:amountsfallingduewithinoneyear`	`Creditors:amountsfallingduewithinoneyear`				`2025`	`2024`
						`£`	`£`
	`Maintenancecontributionsreceivedinadvance`					`2,241`	`3,798`
	`Tradecreditors`					`6,029`	`15,423`
	`Othercreditors`					`4,829`	`13,113`
						`13,099`	`32,334`
`11`	`Summaryoffundmovements`
						`Gainsand`
	`Currentyear`	`Ati`				`losseson`	`At31`
		`January`				`investments`	`December`
		`2025`	`Income`		`=Expenditure`	`andtransfers`	`2025`
	`Restrictedfunds`	`£`	`£`		`£`	`£`	`£`
	`Majorrepairsfund`	`30,452`		`-`	`~`	`-`	`30,452`
	`Majorrepairsrevaluation`	`22,811`		`-`	`-`	`(2,162)`	`20,649`
		`53,263`		`-`	`-`	`(2,162)`	`51,101`
	`Unrestrictedfunds`
	`Tangiblefixedassetreservefund`	`1,046,736`		`-`	`(61,936)`	`395,864`	`1,380,664`
	`Investmentpropertyreservefund`	`10,200`		`-`	`-`	`-`	`10,200`
	`Propertyrevaluationreserve`	`73,300`		`-`	`-`	`-`	`73,300`
	`Jnvestmentrevaluationfund`	`389,010`		`-`	`-`	`(181,750)`	`207,260`
	`Unrestrictedincomefunds`	`574,057`	`170,176`		`(83,624)`	`(255,185)`	`405,424`
		`2,093,303`	`170,176`		`{145,560)`	`(41,071)`	`2,076,848`
		`2,146,566`	`170,176`		`(145,560)`	`(43,233)`	`2,127,949`

`Summaryoffundmovements`	`(continued)`
				`Gainsand`
`Comparativeyear`	`Atl`			`losseson`	`At31`
	`January`			`investments`	`December`
	`2024`	`Income`	`Expenditure`	`andtransfers`	`2024`
	`£`	`£`	`£`	`£`	`£`
`Restrictedfunds`
`Majorrepairsfund`	`30,452`	`-`	`-`	`-`	`30,452`
`Majorrepairsrevaluation`	`21,227`	`-`	`-`	`1,584`	`22,811`
	`51,679`	`-`	`-`	`1,584`	`53,263`
`Unrestrictedfunds`
`Fixed assetreservefund`	`989,547`	`-`	`(53,998)`	`111,187`	`1,046,736`
`Investmentpropertyreserve`	`10,200`	`-`	`-`	`-`	`10,200`
`fund`
`Propertyrevaluationreserve`	`63,300`	`-`	`-`	`10,000`	`73,300`
`Investmentrevaluationfund`	`368,405`	`-`	`-`	`20,605`	`389,010`
`Unrestrictedincomefunds`	`577,315`	`170,108`	`(61,679)`	`{111,687}`	`574,057`
	`2,008,767`	`170,108`	`(115,677)`	`30,105`	`2,093,303`
	`2,060,446`	`170,108`	`{115,677}`	`31,689`	`2,146,566`
`Analysisofnetassetsbetween`	`funds`
	`Restricted`	`Designated`	`Unrestricted`	`Total`	`Total`
`Currentyear`	`funds`	`funds`	`funds`	`funds`	`funds`
	`2025`	`2025`	`2025`	`2025`	`2024`
	`£`	`£`	`£`	`£`	`£`
`Fixedassets`	`-`	`1,380,664`	`-`	`1,380,664`	`1,046,736`
`Investments`	`51,101`	`290,760`	`325,185`	`667,046`	`1,065,279`
`Currentassets`	`-`	`-`	`93,338`	`93,338`	`66,885`
`Creditors:amountsfallingdue`
`withinoneyear`	`-`	`-`	`(13,099}`	`(13,099)`	`(32,333)`
	`51,101`	`1,671,424`	`405,424`	`2,127,949`	`2,146,567`

	`Restricted`	`Designated`		`Unrestricted`		`Total`
`Comparativeyear`	`funds`	`funds`		`funds`		`funds`
	`2024`	`2024`		`2024`		`2024`
	`£`	`£`		`£`		`£`
`Fixedassets`	`-`	`1,046,736`			`-`	`1,046,736`
`investments`	`53,263`	`472,510`		`539,506`		`1,065,279`
`Currentassets`	`-`		`-`	`66,885`		`66,885`
`Creditors:amountsfallingdue`	`;`	`;`		`(32,333)`		`(32,333)`
`withinoneyear`
	`53,263`	`1,519,246`		`574,058`		`2,146,567`

			`Unrestricted`	`Restricted`	`Total`
			`funds`	`funds`	`funds`
			`2024`	`2024`	`2024`
			`£`	`£`	`£`
`Incomefrom:`
`Charitableactivities`	`2`		`140,129`	`-`	`140,129`
`Investments`	`5`		`29,524`	`-`	`29,524`
`Otherincome`			`455`	`-`	`455`
`Totalincome`			`170,108`	`-`	`170,108`
`Expenditureon:`
`Charitableactivities:`
`Maintenanceandrunningofalmshouses`			`115,677`	`-`	`115,677`
`Totalexpenditure`			`115,677`	`-`	`115,677`
`Netgains/ (losses)oninvestments`		`8`	`20,605`	`1,084`	`21,689`
`Netgains/ (losses)oninvestment`			`10,000`	`;`	`10,000`
`properties`
`Netincome/ (expenditure)`			`85,036`	`1,084`	`86,120`
`Transfersbetweenfunds`	`11`		`(500)`	`500`	`-`
`Netmovementinfunds`			`84,536`	`1,584`	`86,120`
`Reconciliationoffunds:`
`Totalfundsbrought forward`			`2,008,767`	`51,679`	`2,060,446`
`Totalfundscarriedforward`	`11`		`2,093,303`	`53,263`	`2,146,566`