## **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: 

- Provide and maintain affordable housing and property in Ombersley for the community. 

- Support the preservation of heritage buildings associated with the Church and village. 

- 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: 

- Completion of essential repairs at multiple properties, particularly Haye Lane Bungalow and Ombersley Galleries. 

- Continued rental stability and minimal void periods. 

- Ongoing partnership with the Ombersley Conservation Trust, supporting local heritage and community initiatives. 

- 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: 

- Continue phased property maintenance and refurbishment. 

- Explore potential energy-efficiency improvements in the housing stock. 

- Maintain and strengthen community partnerships. 

- 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** 


**----- Start of picture text -----**<br>
 ASSETS<br>  Fixed        Existing Properties                850449.00<br>        Investment Property    bt fwd.                                        227813.02<br> Current<br>                  Debtors & Pre Payments                                                           4348.08<br>                  Cash at Bank  Lloyds C/A                               21865.71<br> LIABILITIES<br>              O.C.H.C<br>  General Fund Balance 1.04.2024 190433.61<br>              Add Excess of Income in year        30593.20     221026.00<br>              Permanent Endowment Fund                             850449.00<br>             C.Gait Loan Account Bal 1.04.2024 45000.00<br>             Less repaid in year                           12000.00      33000.00<br>£1104475.81  £1104475.81<br>**----- End of picture text -----**<br>




## **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<br>|8400.00||
|7225|Tresco<br>|7500.00||
|6000|Haye Lane Bungalow|6300.00||
|5288|Giffard Barn<br>|15000.00||
|100|Land at Hill Top|100.00||
|48|Wayleave||48.20|
|OTHER INCOME||||
|12000|Grants Ombersley Conservation Trust<br>|||
|<br> £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
att*r% o* conc•rn
Iw• CCJ?. Ind•p￿d•￿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•*pon￿bIlItlOj 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 ex3min*ion 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 ena￿6 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
Re￿4n1 prol*s$ion•l RETI
q￿lifica￿"0nI8I or body
lrfanyl:
Addr•M'. SPRING COTAGE HAYE LANE OhA8ERSLEY WR90EJ
Oct 2018
ED CPLARTERED ACCOUNTANT
IER