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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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**----- Start of picture text -----**<br>
202 Aug 26<br>**----- End of picture text -----**<br>




## 

## 

||`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`||<br>`-`|<br>`-`|<br>`-`|<br>`455`|
|`Totalincome`||`170,176`|`.`|`170,176`|`170,108`|
|`Expenditureon:`||||||
|`Charitableactivities:`||||||
|`Maintenanceandrunningof`<br>`almshouses`||`145,560`|`-`|`145,560`|`115,677`|
|`Totalexpenditure`||<br> <br>`145,560`|<br> <br>`-`|<br> <br>`145,560`|<br> <br>`115,677`|
|`Netgains/ (losses)oninvestments`|`8`|`(41,071)`|`(2,162)`|`(43,233)`|`21,689`|
|`Netgains/ (losses)oninvestment`<br>`properties`||`”`|`-`|`-`|`16,000`|
|`Netincome/ (expenditure)`||<br>`(16,455)`|<br>`(2,162)`|<br>`(18,617}`|<br>`36,120`|
|`Transfersbetweenfunds`|`11`|||||
|`Netmovementinfunds`||<br>`(16,455)`|<br>`(2,162)`|<br>`(18,617)`|<br>`86,120`|
|`Reconciliationoffunds:`||||||
|`Totalfundsbroughtforward`||`2,093,303`|`53,263`|`2,146,566`|`2,060,446`|
|`Totalfundscarriedforward`|`11`|<br>`2,076,848`<br>|<br>`51,101`<br>|<br>`2,127,949`<br>|<br>`2,146,566`<br>|





## 

## 

||`Note`||`2025`|||`2024`||
|---|---|---|---|---|---|---|---|
|||`£`||`£`|`£`||`£`|
|`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`|





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|`2.`|`Incomeandexpenditurefromlettings`|`2025`|`2024`|
|---|---|---|---|
|||`£`|`£`|
||`Incomefromlicenses:`|||
||`Weeklymaintenancecontributions`|`155,375`|`154,300`|
||`Less:lossesfromvoids`|`(12,077)`|`(14,171)`|
||`Totallettingsincome`|`143,298`|`140,129`|





## 

|`4,`|`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`||<br>`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`|
||<br>`Governancecosts`||||
||<br>`Independent`|<br>`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`|





## 

## 

|`8.`|`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`|
|||||||<br>`13,099`<br>|<br>`32,334`<br>|
|`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`|
|||<br>`53,263`||<br>`-`|<br>`-`|<br>`(2,162)`|<br>`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`|
|||<br>`2,093,303`|<br>`170,176`|<br>|<br>`{145,560)`|<br>`(41,071)`|<br>`2,076,848`|
|||<br>`2,146,566`|<br>`170,176`|<br>|<br>`(145,560)`|<br>`(43,233)`|<br>`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`|<br>`21,227`|<br>`-`|<br>`-`|<br>`1,584`|<br>`22,811`|
||<br>`51,679`|<br>`-`|<br>`-`|<br>`1,584`|<br>`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`|<br>`577,315`|<br>`170,108`|<br>`(61,679)`|<br>`{111,687}`|<br>`574,057`|
||<br>`2,008,767`|<br>`170,108`|<br>`(115,677)`|<br>`30,105`|<br>`2,093,303`|
||<br> <br>`2,060,446`|<br> <br>`170,108`|<br> <br>`{115,677}`|<br> <br>`31,689`|<br> <br>`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)`|
||<br>`51,101`<br>|<br>`1,671,424`<br>|<br>`405,424`<br>|<br>`2,127,949`<br>|<br>`2,146,567`<br>|



## 



## 

## 

||`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`|||||||
||<br>`53,263`<br>|<br>`1,519,246`<br>|<br> <br>|<br>`574,058`<br>|<br>|<br>`2,146,567`<br>|



## 



## 

## 

||||`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`|||<br> <br>`170,108`|<br> <br>`-`|<br> <br>`170,108`|
|`Expenditureon:`||||||
|`Charitableactivities:`||||||
|`Maintenanceandrunningofalmshouses`|||`115,677`|`-`|`115,677`|
|`Totalexpenditure`|||<br> <br>`115,677`|<br> <br>`-`|<br> <br>`115,677`|
|`Netgains/ (losses)oninvestments`||`8`|`20,605`|`1,084`|`21,689`|
|`Netgains/ (losses)oninvestment`|||`10,000`|`;`|`10,000`|
|`properties`||||||
|`Netincome/ (expenditure)`|||<br>`85,036`|<br>`1,084`|<br>`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`||<br>`2,093,303`<br>|<br>`53,263`<br>|<br>`2,146,566`<br>|