Ombersley Church Houses Charity
Annual Report for the Year Ended 31st March 2025
Introduction
Ombersley Church Houses Charity continues to fulfil its purpose of managing and maintaining charitable housing and property assets for the benefit of the local community. The Trustees are pleased to present this report alongside the Statement of Financial Activities and Balance Sheet for the year ended 31st March 2025.
Objectives and Activities
The Charity’s objectives are to:
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Provide and maintain affordable housing and property in Ombersley for the community.
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Support the preservation of heritage buildings associated with the Church and village.
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Contribute to local charitable causes and the upkeep of community facilities.
During the financial year, the Charity continued to manage its portfolio of residential and commercial properties, ensuring ongoing maintenance, repairs, and reinvestment in line with its charitable aims.
Financial Review
Income
Total income for the year amounted to £78,398.20, derived from:
- Property Rent across eight properties, including Ombersley Galleries, Hill Top Cottage, Church Cottage, Church Terrace Cottage, Grafters, Tresco, Haye Lane Bungalow, and Giffard Barn.
Expenditure
Total expenditure for the year was £47,805.00, comprising:
- Property Repairs and Maintenance: (including significant works at Ombersley Galleries, Haye Lane Bungalow, and Church Cottage.)
After accounting for expenditure, the net income for the year was £30,593.20.
Balance Sheet Summary (as at 31st March 2025)
| Assets | £ |
|---|---|
| Fixed Assets – Existing Properties | 850,449.00 |
| Investment Property | 227,813.02 |
| Debtors & Prepayments | 4,348.08 |
| Cash at Bank (Lloyds) | 21,865.71 |
| Total Assets | 1,104,475.81 |
| Liabilities & Funds | £ |
| General Fund (including excess income) | 221,026.00 |
| Permanent Endowment Fund | 850,449.00 |
| C. Gait Loan Account | 33,000.00 |
Total Funds & Liabilities
1,104,475.81
Reserves Policy
The Trustees maintain a general reserve to ensure the continued maintenance of the charity’s properties and to provide a buffer against unforeseen expenditure. Surpluses are reinvested in property improvements and community grants.
Achievements and Performance
Key highlights during the year include:
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Completion of essential repairs at multiple properties, particularly Haye Lane Bungalow and Ombersley Galleries.
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Continued rental stability and minimal void periods.
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Ongoing partnership with the Ombersley Conservation Trust, supporting local heritage and community initiatives.
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Financial contribution of £12,000 to Ombersley Church to assist with maintenance and community activities.
Plans for the Future
In the coming year, the Charity aims to:
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Continue phased property maintenance and refurbishment.
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Explore potential energy-efficiency improvements in the housing stock.
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Maintain and strengthen community partnerships.
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Review rent levels to ensure affordability while sustaining income for future repairs.
Trustees’ Statement
The Trustees acknowledge the continued support of tenants, local contractors, and the Ombersley Conservation Trust. The charity remains committed to managing its assets responsibly and supporting the wellbeing of the local community.
Approved by the Trustees Ombersley Church Houses Charity
Date: 25/10/25
Signed: S.Hopkins (Clarke to the trustees)
Ombersley Church Houses Charity
Balance Sheet as at 31[st] March 2025
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ASSETS
Fixed Existing Properties 850449.00
Investment Property bt fwd. 227813.02
Current
Debtors & Pre Payments 4348.08
Cash at Bank Lloyds C/A 21865.71
LIABILITIES
O.C.H.C
General Fund Balance 1.04.2024 190433.61
Add Excess of Income in year 30593.20 221026.00
Permanent Endowment Fund 850449.00
C.Gait Loan Account Bal 1.04.2024 45000.00
Less repaid in year 12000.00 33000.00
£1104475.81 £1104475.81
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Ombersley Church Houses Charity Income & Expenditure Account For the year ended 31[st] March 2025
2024 INCOME
| PROPERTY RENT | |||
|---|---|---|---|
| 19000 | Ombersley Galleries | 19000.00 | |
| 7500 | Hill Top Cottage | 7800.00 | |
| 6600 | Church Cottage | 7050.00 | |
| 6925 | Church Terrace Cottage | 7200.00 | |
| 7750 | Grafters |
8400.00 | |
| 7225 | Tresco |
7500.00 | |
| 6000 | Haye Lane Bungalow | 6300.00 | |
| 5288 | Giffard Barn |
15000.00 | |
| 100 | Land at Hill Top | 100.00 | |
| 48 | Wayleave | 48.20 | |
| OTHER INCOME | |||
| 12000 | Grants Ombersley Conservation Trust |
||
£78436 |
PROPERTY REPAIRS
820 Ombersley Galleries 7545.02 526 Hill Top Cottage 2632.10 358 Church Cottage 3790.60 0 Church Terrace Cottage 1484.05 11340 Grafters 0 4261 Tresco 1770.00 117 Haye Lane Bungalow 11442.10 Giffard Barn 198.00 OTHER EXPENDITURE 3544 Insurance 3193.13 3000 Clerk 3000.00 2091 Legal & Professional Fees 750.00 12000 Grants to Ombersley Church 12000.00 40379 Net Income 30593.20 £78436 £78398.20 £78398.20
Independent Examiners Report attr% o conc•rn Iw• CCJ?. Ind•pd•t *tectionS and fvi •A•min•r•l
' CHARITY COMMISSION F( AND WALES Independent examinefs report on the accounts Sect4Qrt A In¢Jependent Examinef's Repon Report to th• tru8ts8• OMBERSLEY CHURCH HOUSES CFWIITY On fr>rth• yur , 31 MARCH 2025 •nd•d ' Ch•rtty no 1192091 Ill nyl Sei on 9•• I reF# to the trustees M my examinatic of ts accowrts of fv atove ehanty Iyhe Trusfi fortre year ended R•ponbIlItlOj and A8 the chanty'$ trustees. you are resporL¥ity for tre preparation of accounts In aG¢ordanc wrth th8 requirements of ihe CharOe5 A(X 2Q11 I1 Act'l l port In respect of my examination of Trust's accounts carried Cut under sethcn 145 of the 2011 Act and in carying OLrt my exarnination. I have follobveO all the applitrAble Oire¢iions giv by Charty Commwion under secbon 1451Sllbl of the Art. Indep•ndent •xamin•rf8 Statomont I have completed my examination I confirrn that no matenal tnatters have come to my attention ln connectyon with the ex3minion Iclher than that disclosed below") which give5 me cause to i¢lieve that In. any rnaterial re5pe¢t the accountyng record5 not kept in acctsdance wrth Section 130 of the Chantie$ Act.. cr the accounts did not accord wrth the accounting re¢¢rds. or the a¢¢ounts not comply wrth the applicable requirement5 conceming th? forrn and content of accounts set out in the ChantlaS IA¢counts and Rerrt)rt51 Regulatson5 2CM)8 other than any requirement that the accounts give a true and fair. view which Is not a matter onsidered as part cf an indewndenl examination. I have no toncem$ and have come across no other matters In connectio wrth the examinatson tc which attention should drawn In this report In order 10 ena6 a fxopor understanding cf the a¢¢ounts to be reached. delet8 th8 s Jn the br&ck8t5 rfthey do not appty. Sign•d: Nam•: MALC LKI EY Re4n1 prols$ion•l RETI qlifica"0nI8I or body lrfanyl: Addr•M'. SPRING COTAGE HAYE LANE OhA8ERSLEY WR90EJ Oct 2018 ED CPLARTERED ACCOUNTANT IER