THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPTTAL
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2025
Registered Charity number 1186592

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
CONTENTS
PAGE
Legal and Administrative Information
Report of the Trustees
Independent Examiner's Report
Sta¢emenl of Financial Activities
Balance Sheet
Notes fortning part of the Financial Statements
9-17
Value for Money Statemeni
17
Tbe Collowillg page does not forni part of the statutory aCCOUDts
Detailed Income and Expenditure Aceount
18

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page I
FOR THE YEAR ENDED 31 DECEMBER 2025
LEGAL AND ADMINISTRATIVE INFORMATION
REGISTERED CHARITY No: 1186592
REGISTERED ALMSHOUSE No: 143
REGISTERED PROVIDER OF SOCIAL HOUSING No: 5131
TRUSTEES
The Trustees in office during ihe year were..
Trustees
Mrs S Oviatt Ham (Chair)
Mr C Kirton (Treasurer)
Mrs S G(dfrey (Joint Vi¢e Chair)
Mrs L Green (Joint Vice Chair)
Mr A Jacques
Mr S Lovel¢ss
Clerk to Trustees:
Mrs J Linfoot
Scheme Manager..
Mrs A Ogldhorpe
Principal office-
Stoke Hospital Office
92 Stoke Road
Guildford
Surrey GUI 4JH
Administralors..
The Trust Partnership
6 Trull Fam) Buildings
Tetbury
Gloucestershire GL8 8SQ
Bankers..
CAF Bank Ltd
2S Kings Hill Avenue
Kings Hill
West Malling
Kent ME19 4JQ
Independent Examiner-
Mr R M Dunnett
20 Strathavon Close
Cranleigh
Surrey GU6 8PW
Investment Provider..
M&G Investments
P O Box 9038
Chelmsford CM99 2XG

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 2
REPORT OF THE TRusfEES OF THE CHARITABLE IY4CORPORATED ORGAf41SATION FOR
THE YEAR ENDED 31 DECEMBER 2025
The TrLL8tees present their report atml lh¢ financial slat¢ments of Stoke H05Pital for the year ended 31 December
2025.
Constitution
The Hospita] of William Parson (known locally as Stoke Hospital) is a Charitable Inrorporatcd Organisalion
(CIO) registered with the Charity Commission. On l October 2020 it look over the operation and ￿setS of th¢
unincorporated charitable trust also known as the Hospital of William Parson. This trust had been established
by a will dai¢d l October 1783. The Charity is registered with the National Almshouse Association and is a
Registered Provider of Social Housing.
Objectives and activities for the publie benefit
The principal object of the Charity is to provide affordabl¢ accomtnodation for fourteen persons over the age of
50 years with a connection to Surrey. Th¢ Trus￿e$ are pleased to say that during the year this objective was
achieved. All flats were o¢¢upied during all the year by beneficiaries who meet the criteria.
The Trustees have considered the Charity Commission's guidance on public benefit, and are satisfied that the
work of the Charity during the year provided appropriate public benefit in accordance with ils stated objectives.
The criteria used to assess those who may benefit are not unreasonably restri¢tive.
Trustee$ and Principal o￿l¢tr$
The Charity is administered by a body of between five and ten Trusteeg. TTUSt¢es are appointed for a term of
four years. Trustees can resign or b¢ removed before the end of their term of office and they can be reappointed
at the expiry of ttllt term.
The names of the Trustees who have held office dwing the year are shown on page l.
In recruiting individuals for appointment as Trustees, the Trustees have regard to the skills, knowledge and
experience needed for the effeclive administration of the Charity. The Trustees may Invi￿ WoTplesdon Parish
Council and the PCC of St John the Evangelisi, Siok¢-next-Guildford lo recommend candidates for appointment
as Trustees if a vacancy occurs, although the Trustees are not obliged to accept the recommendation.
The Trustee5 have appointed The Trust Partnership {￿P) to provide full management services for
administration and clerking, property maintcnance and management, resident welfare and finance. However. a
new requir¢tnent in the Social Housing Act 2023 is that managers {other than unpaid volunt¢ers) of r¢gislered
rented properties, including almshouses, will have to have up-to-date qualifications in housing. TTP therefore
plan5 to retain direct responsibility for administration, clerking and financial management, while identifying a
separate provider and arranging a separate ¢ontract for property maiTrt¢nan¢e and resident welfare.
Ac¢ountlng Prin¢lpl¢s
The Charity 15 8 Registered Social Housing Provider, but as a Registered Charity and Almshouse is eligible to
prepare its accounts in accordance with the Statement of Recommended Practi￿ (SORP) for Charities. The
accounting policies are set out on pages 9 and 10.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HosprrAL
Page 3
REPORT OF THE TRUSTEES (¢ontiDued)
FOR THE YEAR ENDED 31 DECEMBER 2025
IDve&tmtDt Policy
The Charity may invest monies not needed for immediate working purwses. The Trustees detemiine from time
to time whether this should be in bank deposits or longer-teTm investments and whether they should seek outside
advice. The Charity's policy is to achieve the highest rate of return with the least risk to capital value, which the
Trustees believe they have achieved during the year primarily by investing in M&G Charity Multi-asset Fund
whi¢h is designed to meet these objectives. Investments are included in the accounts at market value.
Fin•Dcial Review
The charity achieved a sutplus for the y¢ar (before revaluations) of £10,743 ¢ompared with a surplus in the
previous year of £18,409. This was after incurring repair and maintenance cosis of £59,806.
The value of investments increased by £14,952 {in¢rease of £4,195 in the prior year), resulting in an overall
surplus for the year of £25,695 (£22,604 in the prior year).
Net a55els at 31 December 2025 lotalled £291,938 comwed with net assets at 31 [kne￿ber 2024 of £266,243.
EDdoivment Funds
The original buildings of Stoke Hospital and subsequent additions forn) the pemioneni endowment of the
Charity (which was Iran5feTred from the original charitable trust on l (ktober 2020). Title io the property 15 in
the name of the CIO Charity, lo be held on its original trust.
Reserve5 Policy
In addition to Endowment Funds and Restricted Funds the Ch￿lty holds unrestricted reserves against possible
future specific and general expenditure. Designated reseryes have been established in ac¢ord#nce with The
Almshouse Association guidance to fund cyclical maintenance and future extraordinary repair5. The remaining
general Teserve is held against unforeseen future events and to build up fund5 for future improvements to Stoke
Hospital. The Trustees have agreed at present to hold £IOO,000 in free reserves and additionally an amount in
general reserves representing at least six months. expenditure.
RestTlCt¢d funds ran legally b¢ Spent only for the purpose for which they were given. There were no unspent
restricted funds at the year end.
Risk Review
The major risks to which the Charity is exposed, as identified by the Trustees, have been reviewed and systems
have been e5tablish¢d to ￿Ltigat¢ thos¢ risks. Th¢ Risk Regisl¢r is reviewed at every Trustee meeting, and the
Policy is reviewed annually. The Trustees are salisfi¢d that they comply with the Governance and Financial
Viability Siandard issued by Ihe Regulator of Social Housing.

THE HOSPITAL OF WILLIAM PARSON
I<NOWN LOCALLY AS STOKE HOSPITAL
Page 4
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 DECEMBER 2025
2025- Review of the Year's Activities
All flals wer¢ o¢¢upied throughout the year by residents who meet the criteria for beneficiaries of rhe Charity.
There were no ¢hanges in the r¢sidents during th¢ Course of the year, with all having occupied th¢ir flat for at
l¢&st nearly two years. Our longest standing resident has lived at Stoke Hospital for over 19 year5.
Residents continued to have the benefit of the communal lounge, with its large screen television and facilities
for making refreshments. as well as free use of ihe laundry and the communal gardens. Some residents met for
O¢c￿lOnal coffee moriiings. A late summer social gathering held for the residents and trustees in
Septetnber. In December, we welcomed the Mayor of Guildford and other guests and supporters for the annual
coffee morning. St John's Church led a carol service for the residents and the resid¢nts organised their own
Christmas social gaihering.
Early in 2025, a trustee and the Clerk ¢ompleied a detailed internal condition review of all the flats. The results
were summarised in a survey do¢uTnent and it was good to See that in general all the property was in a good
condition. The results are enabling us to plan repairs and improvements in a logical and ckrganised way. The
satRe frusie¢ carried out the annual health & safety audit with the Clerk. Other safety ch¢cks in¢luded th¢ annual
fire risk survey. including checks of all the fire doors, and servicing of the fire alarm system, stair lifis and gas
boilers. monthly checks of smoke and carbon monoxide d¢tectors and emergency lighting. and weekly ¢he¢ks
of fire extinguishers. The fire alarm is tested each we¢k. PAT testing has been complet¢d on all electrical
equipment owned by the charity, as well as on all the resident5, fridges and freezers, whetlier owned by the
charity or personally, because of ihe potential fire risk they PTesent. A water hygiene risk a55essment wa5 carTied
out and showed the risk of legionella to be low.
Repairs have been carried out to ceilings in two flats, and minor repairs completed in some of the flats. The
gutters have all been cleaned. and work carried out to improve drainage. Fairly major repair work was carried
out on the boundary wall, which, along with the buildings, is grade 2 listed.
The atmual residents, survey was carried out for the tenth year, using for the third time the now compulsory
forniai mandated by the Housing Ombudsman. The TnJst¢es were pleased to see thai the responses were once
again mostly very positive. All ¢onc¢rns and sugg¢stions were followed up.
The garden has remained a key amenity for the residents, with many of them actively involved in it5
maintenance. We entered the Guildford in Blootn competition again, in the container garden class. We were
pl¢as¢d to be awarded not only a gold medal, but the best in class award, sustaining OUT previous record of
success.
In accordance with Charity Commission guidance, a number of policies have been revi¢w¢d and amended if
thought necessary. These were policies for Saf¢guarding, H¢atth & Safety, Complainis, Risk Management,
Reserves and Conflici of Interest. The Residents, Handbook and Regulations were also updated.
We are continuing to monitor Closely the current financial situation in the context of increases in inflation and
rapidly rising costs, especially for energy, that remain of considerable concern. We have benefited from our
fixed period energy contract made in 2023, which gave us and the residents protection from the doubling of
energy costs for six months. We hav¢ negotiat¢d a n¢w 3-year contract that has allowed us io avoid having to
impose any in¢reases in the overall charges lo the resident5 from the stsrt of 2026.
We have now been using the services of The Trusi Partnership for over three years. and appreciate their
knowledge and experience. The Trustees have also continued to take ali active role in the management of the
almshouse, using their own skills, knowledge and experience to benefit the residents and the charity.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HosprrAL
Page 5
REPORT OF THE TRUSTEES (continued)
FOR THE YEAR ENDED 31 DECEMBER 2025
Future Plans
The Tiustees intend to continue to operate the Charity in accordance with its charitable objectives, and the
appointment of The Trust Partnership has provided additional se¢urily and assurance of ¢ontinuily for
management and administration. We expect to hav¢ a separate contract for property management and resident
welfare in the early part of 2026. While there will b¢ a ¢ontinuing need to manage our fInances strategically
and to respond to increasing r¢quirem¢nts for rcgulatory ¢ornplian¢e, we do noi anticipat¢ other major changes
in the foreseeable future.
This Annual Report was approved by the Trustees at their meeting held on 19 May 2026 and signed on their
behalf by..
Mrs S Oviatt Ham
Chair of Trustees
•iJtL
Mr C Kirton
Treasurer

INDEPENDENT Ek4MtNER?S REPORT TO THE TRUSTEES OF
THE HOSPIT AL OF WILLIAM PARsof4 Kf40WN LOCALLY AS STOKE HOSPIT AL
ON THE UNAUDATED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 202S
Page 6
I report io th¢ charity's trust¢¢s on my examination of the a¢¢ounts of the charity for the year ended 31 tkcember
2025 which are set out on pages 7 to 17.
Re$ponsibilitie5 and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in ac¢ordance with the
requirements of the Charities Act 2011 ('the Act.).
I report in respe¢t of ￿Y examination of the charity'5 accounts carried out under section 145 of the Act and in
carrying out my exaFnination I have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Aei.
Independent examiDer's statement
I have completed my e￿aMination. I confirm that no material matters have ¢ome EO my attention in connection
with the examination giving me cause to beli¢ve that in any material respect..
accounting iecords were not kept in respect of the charity as required by section 130 of the Act- or
the accounts do not accord with those records,. or
the accounts did nol comply with the applicable requirements concerning the fomi and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounis give a 'true and fair, view which is not a matter considered as part of an independ¢nl
examination.
I have no concerns and have come a¢ross no other matters in connection with the examination to which attention
should be drawn iii this report in order to ¢nable k proper understanding of the accounts to be reachcd.
Raymond
unnett
20 Strathavon Close
Cranleigh
Surrey* GU6 8PW
Date

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 7
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED JI DECEMBER 2025
Unrestricted Restricted Endowment
Fund$
Funds
Funds
Total
Total
2025
2O2S
2025
2025
2024
Notes
Income 4Dd EDdoivments from:
Donations
Charitable activities
Investments
Other
300
115,998
7,056
140
440
115,998
7,056
140
108,044
6.563
Totsl
123,354
140
123,494
114.747
Expenditure on:
Charitable activities
Governance
111,661
407
683
112.344
407
95,968
370
Totsl
112,068
683
112.751
96.338
Net Operating In¢om¢
11,286
(543}
10,743
18.409
Net gains on inveslJnents
14,952
14.952
4,195
Net Income for the year
26238
(543)
25,695
22,604
Trdnsfer between funds
(543)
543
Net movement in funds
25,695
25,695
22,604
Fund ba]an¢es at l January 2025
219,489
46,754
266,243
243,639
Fund balances at 31 December 2025
245,184
46,754
291,938
266,243
The statement of financial activities includes ail gains and losses recognised in the year.
All in¢ome and expenditure for the year arise from the charity's continuing operations.
The notes on pages 9 to 17 forni part of these financial stat¢tnenls.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPtTAL
Page 8
BALANCE SHEET
AS AT 31 DECENIBER 2025
Notes
2025
2024
Fixed Assets
Tangible fixed assets
46,754
46,754
Current Assets
Investments
Cash at bank and in hand
143.611
101,573
123,375
96,114
245,184
219,489
Creditors
Amounts falling within one year
Net Current Assets
245,184
219,489
Total Assets less Current Liabilities
291,938
266,243
Total Tr4eÉ Assets
291,938
266,243
The Fund5 of ihe Charity
Endowment funds
Restricted funds
io
li
46,754
46,754
46,754
46.754
Unrestricted funds
Designated funds
General Reserve
12
13
14
43,166
202,018
30,174
189,315
245,184
219,489
291,9J8
266,243
The notes On pages 9 to 17 fom part of these financial staternenis.
The financial stateTnent5 on pages 7 to 17 were approved by the Trustees on 19 May 2026
and signed on their behalf by..
Mrs S Oviatt Ham
Chair of Trustees
MT C Kirton
Treasurer

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 9
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
. ACCOUNTING POLICIES
Basis of Preparation
The accounts have be¢n pr¢Par￿ on a receipts and payments basis in ￿cordanCe with the Charities Act 2011.
The financial statements have othenvise been prepared in accordan¢e with A¢¢ounting and Reporting ty
Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with th¢ Financia] Reporting Standard applicable in the UK and Republic of Ircland issued in October 2019. the
Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) S¢ction IA
and the Charilies Act 2011.
The financial statements are prepared in sterling which is the functional currency and have been rounded to th¢
nearest w>und.
Income from Charitable Activities
Income from charitable activities is accounted for in the period in which the charity receives it. It represents
maintenance eontributions received (inclusive of the Residents, contributions lowards the cost of services).
including Housing Benefits.
Investment Ineome
Bank interest and dividends are a¢¢ounted for in the p¢riod in which the chartty receives them.
Donation5 Received
Donations received are shown within income and are accounted for in the period in which the Charity receives
them.
Volunteers and Don*ted Servlees
The Charity is grateful for lh¢ servi¢es of its trustees and other volunteers. However. no value is includ¢d in the
accounts for the hour5 of unpaid work that they undertake.
Any services that are donated io the charity are included as donated income and as an expense where the value
of such services can be measured reliably and the amount involved is material.
Expenditure
Expenditure is accounted for in the period in which the ch￿lty makes the payment and includes irrecoverable
VAT.
Inv¢$tments
The investments are slated at market value less any provision for permanent diminution in value. Market value
is taken to be the quoled single fund price ruling at the balance sheet date. All dividends are reinyested in the
fund. All gains and losses on investments are included in the Statement of Financial A¢livities.

THE HOSPITAL OF WILLIAM PARSON
Kf40WN LOCALLY AS STOKE HOSPITAL
Page 10
NOTES TO THE FINANCIAL STATEMENTS (CODtinutd)
FOR THE YEAR ENDED 31 DECEMBER 2025
l. AccouwfiiYG POLICIES (¢ontinMed)
Tangible Fixed Assels
Tangible fixed assets are stated at cost less capita] grants. It is the Charity's policy to Comply with the
requirem¢nrs of the Tenant's Guarantee and in so doing, io maintain its housing property io a high standard
through a continuing programme of refurbishment and maintenance, these costs being WTitten off whcn incurred
in the Statement of Financial Activities. Consequently the life of the property and its residual value is such that
any depreciation charge would not be tnaterial and therefore no depreciation is provided for in relation to
housing property. The original cost of the original 1796 property is not known and as such is nol recorded in the
&c¢ounts.
Capital Grants
Where developments have been financed wholly or partly by social housing or other grants, Ihe cost of those
develoP￿entS has been Teduced by the amount of any relaled granls received.
Insuranee Claims
Insurance claims reeeived ii) respect of expenditure incurred are netted off against such expenditure. Insurance
claim receipts covering loss of income are shown separately as income.
Endowmen¢ Funds
Endowtnent fvnds repr¢s¢ni the value of the original buildings of Stoke Hospital and subsequent additions &5
recognised in the accounts. These assets cannot be realised or charged and so are tiot available for expenditure.
Income from ¢ndowtnent assets is unrestricted in its use.
Restricted Funds
Th¢se are gifts which have been given to the Charity to be used in ac¢ordan¢¢ wilh the wishe5 of ihe donor.
They may only be applied for the purposes for which the futkls were donated.
Unrestricted funds
The use of these funds has not been restricted to a particular purpose by donors. They are subdivided into the
General Fund and Designated Funds.
Genepttl Ftsrtd
The General Fund is the working fund of the Ctlarily and is available for use at the discretion of the Trustees in
furtherance of the Charity's objectives. Among the uses of the General Fund are the property operating and
maintenance expenditure and the general administration of the Charity.
Designaledfunds
Designated funds are those funds which have been allocated by the Trustees for particular purposes. Further
information on the naiure and basis of the various designt¢ted funds used by the Charily is given in Note 13.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 11
NOTES TO THE FINANCIAL STATEMENTS (eontinued}
FOR THE YEAR ENDED 31 DECEMBER 2025
2. INCOME FROM CHARITABLE ACTIVITIES
2025
2024
Maintenance contributions received
115,998
108,044
The above repr¢sents the Charity's social housing in¢om¢ for the y¢ar, net of voids. The occupancy rate was
IOOQA {2024- 99Yo), with void cosls of £nil {2024- £1,025)
Included in th¢ above are servi¢e Charges of £20,486 (2024- £17,827).
3. EXPENDITURE
Unrestricted Restricted Endowment
Funds
Funds
Funds
Total
Total
2025
2025
2025
2025
21124
Ch*ritxble expenditure
Stoke Hospital prop¢rty maintenance costs
Professional fees
Support costs
Residents, amenities
84,666
84,666
62,633
3,276
29,424
635
26,995
26,995
683
683
111,661
683
112,344
95,968
GoveTll#Dce costs
Professional fees
Independent Examiner's fee
Bank charges
47
300
60
47
Joo
60
35
275
60
407
407
370
112,068
683
112,751
96J38
All expenditure relates to S￿la1 housing activities.
4. EMPLOYEES
There w¢r¢ no ¢mploye¢s in the year (2024 - nil)-
No TTUStee received any r¢mun¢ration from the Charity during the year (2024- none).

THE HosprrAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPIT AL
Page 12
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2025
5. REIMBURSEMENT OF EXPENSES TO TRUSTEES
During the year there were payments tota]ling £437 made to three of ihe Trustees of the Charity in respect of
the reimbursement of expenses in¢urred by them on behalf of the Charily (2024- £nil)-
6. ACCOMMODATIOLY IN MANAGEMENT
2025
2024
The number of units of accommodation in management
at 31 De¢ember was:
Number of bed spaces
14
14
7. FIXED ASSETS
2025
2024
Freehold Land and Buildings
Original 1796 Stok¢ Hospital building (lii5tori¢a] cost not knowrL)
Additions and Improv¢ments at cost
1970
1980
1996
1997
1998
28,726
10,279
56,263
22,480
1,538
28,726
10,279
56,263
22,480
1,538
119,286
119,286
Less.. Capicaj grants received
Guildford Borough Council Grant 1978179
Social Housing Grant 1997198
Donation from Guildford Poyle Charity 1980
Surrey County Council Grant
Guildford Borough Council Grant
9,068
60,528
1,316
1,000
620
9,068
60,528
1,316
1,000
620
72,532
72,532
Total Freehold Land atid Buildings
46,754
46,754
The freehold lat)d and buildings were transferred from The Hospital of William Parson {Trust} on I
October 2020.
The Social Housing Grant of £60,528 is potentially repayable lo Homes England in the event that the
Charity's property, which was the purpose of the grant, is sold or otherwise disposed of.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 13
NOTES TO THE FJNANCIAL STATEMENTS (eontinued)
FOR THE YEAR EIYDED 31 DECEMBER 2025
. INVESTMENTS
2025
2024
M&G Charity Mulii-asset Fund
VaSue a5 at l January 2025
Additions
Dividends reinvested
Revalued in Year
123.375
109,623
5,000
4.557
4,195
5,284
14,952
Value as at 31 December 2025
143,611
123,375
Histori¢al Cost
61,992
61,992
9. ANALYSIS OF NET ASSETS BETWEEN FUNDS
At 31 December 2025
Fixed Assets Investments
Casb
Total
Unrestricted Funds
Restricled funds
Endowment fund
143.611
101,573
245,184
46,754
46,754
46,754
143,611
101,573
291,938
At 31 De¢ember 2024
Fixed Assets
Investments
Cash
Totsl
Unrestricted Funds
Reslrieted funds
Endowment fund
123,375
96,Il4
219,489
46,754
46,754
46,754
123,375
96,114
266243

TIIE HOSPITAL OF WILLtAM PARsof4
KNOWN LOCALLY AS STOKE HOSPITAL
Page 14
NOTES TO THE FINANCIAL ST ATEMEPnS (continued)
FOR THE YEAR ENDED 31 DECEMBER2025
10. EIYDOWMENT FUI¥DS
2025
2024
Balance at l January 2025
46,754
46.754
Balance &t 31 December 2025
46,754
46,754
Endowment funds represent ihe value of the original buildings of Stoke Hospital and subsequent additions
as recognised in the accounts. These asseis eannoi be realised or charged and so are not available for
expenditure. Income from endowment assets is unreslTlCted in it5 US¢.
11. RESTRICTED FUNDS
Amenities Fund
2025
2024
Balance at l January 2025
Donations received
Expenditure in Year
Tr8nsf¢r (io)Ifrom General Reserve
140
(683)
543
140
(635)
495
Balance ￿ 31 December 2025
The Amenities Fund represents donations received that were given for the direct benefit the Tesidents of
SÉoke Hospitsl less amounts thus spent.
Restricted funds represent those furkds received for a specific purpose. These reserves ¢a
only be used for the purpose for which they were given. There £nil unspent restricted funds at th¢ end
of the year.

THE HOSPITAL OF WILLIAM PARSON
KNowf4 LOCALLY AS STOKE HOSPIT AL
Page 15
NOTES TO THE FINANCIAL STATEMEIYTS (¢ontinued)
FOR THE YEAR ENDED 31 DECEMBER 2025
12. UNRESTRICTED FUNDS
2025
2024
Balanc¢ at l Janvary 2025
Net income for the Year
Transfer tol(frotn) restri¢ied res¢rve
219,489
26.238
(543)
196,885
23.099
(495)
Balance at 31 December 2025
245,184
219,489
Allocation of UDrestricted Fund5
2025
2024
DesignatedFunds.'
Extiaordinary Repair Fund
Cyclical Repair Fund
19,163
24,003
15,512
14,662
43,166
202,018
30,174
189,315
GenerolReserve
Balance at 31 De¢ember 2025
245,184
219,489
Unrestricted funds repres¢nl the 'free r¢s¢rves' of the charity that can be used in accordance with the
charitable object5 at the discretion of the trustees. The irustees have chosen to designate certain amounts
for Specific PUTposes in order to provide for certain types of future expenditure. These are shown a5
designated funds, with further detsil given in Note 13 below.

THE HOSPITAL OF WILLIAM PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 16
NOTES TO THE FINAIYCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2025
IJ. DESIGNATED FUNDS
Extra-
ordin#ry
Repalr
Fund
Cbapel
Cyclical Improve-
Repair
ment
Fund
Fund
Designated funds for the year ended
31 December 2025
Total
Balances at l January 2025
Allocation from General Reserve
Expenditure
15,512
45.002
(41,351)
14,662
16.341
(7,000)
30,174
61,343
(48.351)
Balances at 31 December 2025
19,163
24,003
43,166
Extra-
ordinary
Repair
Fund
Chapel
Cyclical Improve•
Repair
ment
Fund
Fund
Designated funds for th¢ year ended
Jl Deeember2024
Total
Balances at l January 2024
Allocation from General Resetve
Expenditure
11.993
21,021
9,610
15,715
(6,091) (22,074)
33,014
25,325
(28,165)
Balances at 31 December 2024
15.512
14.662
30,174
The movements in designated funds represent a net transfer from general reserves of £3,652 (2024- £3,519
from general reserve5) in respect of the Extraordinary Repair Fund, a net transfer from general reserves of
£9,340 (2024 - £6,359 to g¢neral reserves) in respect of the Cyclical Repair Fund and a net transfer to
general re5¢rves of £nil (2024- £nil from general reserves) in r¢spe¢t of the Chapel Itnprovernent Fund.
The purposes of the designated futtds are as follows..
Exlrdordinary Repair Fund
The charity sets aside a fund for future major repairs expenditure on ils property insofar &$ such expenditure
is noi eligible for grants from Homes England or local authorities. In setting the amount allocaied to the
Extraordinary Repair Fund the Trustees ¢onsider the guidance on ihis issued by The Almshouse
Association.
CyclicalRepair Furyd
A designated reserve h&s been established for the anticipat¢d costs involved in th¢ future cyclical repairs
and maintenance such as external redecoration and maintenance. In setting the amouni allocated to ihe
Cyclical Repair Fund the Trustees consider the guidance oil this issued by The AITnshouse Association.
ChapelInyrovemeNI Fund
A designated reserve had been established for the improvement of the residents, common room at Stoke
Hospital (known as 'The Chapel,). The refurbishment and improvernent has now been completed.

THE HOSPITAL OF WILLIAlkl PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 17
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2025
14. GENERAL RESERVE
2025
2024
Balance at l January 2025
Net Jn¢ome for the year
Net transfers (toyfrom d¢sigrtated reserves
Transfer (to)Ifrom restricted reserve
189,315
26,238
(12,992)
(543)
163,871
23,099
2,840
{495)
Balance at 31 December 2025
202,018
189,315
15. VALUE FOR MONEY
The seven value-for-money perfomaiice metrics for the charity &$
required by the Regulator of Social Housing are as follows..
2025
2024
Reinv¢sttn¢nt
New supply delivered
Social units
Non-So¢ial units
Gearing.
Earnings before interest, tax, deprecialion and 8rn0rtisation interesi cover
Headline social housing cost per unil
Operating margin
- Social Housing Lettings
OveTall
Nla
£8,054
Nla
£6,881
R¢turn on capital employed
The charity has no borrowings and pays no interest.
The Tnjstees do not believe that there are any areas of underperformance.
16. RELATED PARTY TRANSACTIONS
There were reimbursements of expenses totalling £437 10 three trustees during the year (2024 - £nil).

17 JUN 2026
THE HOSPITAL OF WILLL4M PARSON
KNOWN LOCALLY AS STOKE HOSPITAL
Page 18
DETAILED INCOME AND EXPENDITURE Accouwf- Management Informatlon Only
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
INCOME
Contributions by Residents (n¢t of voids)
Investment and other income
Grants and donations
95,5 l2
7,056
440
90,217
6,563
140
Total Charitable Income
103,008
96,920
EXPENDITURE
Charitable Aclivilie5
Electricity and gas
Water rates
TV Licences
Lcs5= Residents contributions
13,247
1.744
170
(20,486)
16,580
1,995
227
(17,827)
Nei urility cosls/(cre&i)
Extraordinary repairs
Cyclical maintenance
General repairs and maintenance
Professioiial fee5
Emergency communication system
Gardening services
Cleaning
Window cleaning
Residents, amenities
The Trust Partnership Fees
Insurance
Telephone
Subscriptions
Printing and office expenses
Sundry expenses
GoverAoAee
Professsonal fees
Independent Examiner's fee
Bank charges
(5,325)
41,351
7,000
11,455
935
2.816
22.074
9,459
3,276
2,478
3,075
1,554
248
635
25.746
2,167
536
I,584
184
1,374
2,821
3.174
1.344
124
683
23,009
2,236
341
1.443
316
1.886
47
300
60
35
275
60
Total Expenditure
92,265
78,511
SURPLUS FOR THE YEAR
10,743
18,409
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