WESTERHAM ALMSHOUSE CHARITY
REGisfERED CHARITY NO. 1192970
REPORT AND FINANCIAL STATEMENTS
FOR THE PEIUOD I JAIYUARY TO
31 DECEMBER 2024
col￿EN15
Rem ofthe Tnth¢¢s
Stat¢ment of Financial A￿l¥ltieS
Notes to the Fin8ncial Stst•nen

WESTERHAM ALMSHOUSE CHARITY
REPORT OF THE TRu￿EEs
The Trustees pr¢s¢nt their report and the Finan¢ial Stat¢rnents ofthe CharÉty for the period from 1st January
2024 to 31s¢ Drfember 2024. TheK have been subjecl to independent examination as reported on page
The Chority wos originally established as Morelon Ahnshouse Charity by a Trust Deed dated 19 November
1874. It was merged with Westerham Parochial Ch￿ltieS under a new Trust Deed dated 4 December 21Y)6 and
its name was ¢h8ng¢d to Westerhatn Almshouse Chority. which w&$ Tegisiered with the Charity Commission
(No. 212065). On 4 January 20218 CIO w&8 established and regi51¢rcd with the Charity Commission (No
1192970). On 27th May 2021 the Charity Commission granted perniissii)n for the merger of th¢ 0ri8inal chgrity
and the CIO. On 14 July 2021. the two ¢hariti¢s mer8ed, and the &ssets were tranSfe￿d from the unincorporated
charity (no: 212065) to th¢ CIO (no:1192970). The unincotporaied Charity (No 212065) deregistered &9 of
The purpose of the Charity remains to provide housin8 for the 8eneral benefit of thoK with limit¢d m¢8ns in
housing need. During 2024 the Charity ￿ntinued to provide good quality housing for 17 residents in
Wes*rh8m without SI￿1r1¢8nt vacant periods. Further the Charily ¢onlinue5 to be able to afford ￿ maintain its
propertie5 gnd maintain its reserves for future maintenance from the funds.
The public address of the Charity is: clo Karrison Property, 16 Markel Square, Weslerham TN16 IAW.
RESERVES POLICY
Most of the reserves of th¢ Clwity ar¢ d¢3i8n8t¢d eith¢r as propty r¢5¢ry¢5 (lo r¢flcct funds pwmanenily
invesied in propety) or as future repair reserves (to ￿GUMUlate OJnd5 forthe medium long-lem
mainlenance of propety). It is the policy of the Charity to ensure that free resery&q (Accurnulat￿ General
Regerve) should not exceed one and half year's utrestricted expenditu￿.
TRu￿EEs
Th¢ Tn￿lee8 who seryed during the period were as follows,.
C F K Warde (Chair){cx officio)
J P Southworth Treasurer
M P B&sing {nomIn￿ed>
Rev D Fox-Brartch (ex officio}
G J Jackson (nominaidl
H Kclso (nominated
J A H Taylor-smith MBE (nominated)
M C H Mountjoy (nominated)
The operation of the charfty Is carried out by the Th18lee5 with the assistomce of the Clerk to the Tn￿. Tr
Charity's 8overn8nc¢ scheme provides for three cl&8ses of Tr￿SteeS who are appointed as follows:
Two ex officio tNsteA one is the Vicar of the Eccleyi&sti¢g1 Parish of St. Mury. We$terham and one is 4
representative of Squeryes Court and both serve 88 trustees lon8 ￿ they hold their respective otTice;
Nominated ttv8tee$ {m￿lmuM of 4) aTe nominat¢d by the Board and serve 5 yeAr ternis, 2 of the nominated
lees tnust live in or work in the Ecclesiastical Parish of Crockham Hill.
CothQPt¢d Iwstees (m&ximum of 3) are made by the tsvstees at a special meeting Called in a￿ordanCe with the
scheme for a te￿ of 5 yeors.
TRUSTEES. RESPONSIBILITIES
Ii is the Trustees, reS￿nSIbIlity to prepare Finan¢i81 Statements which give a tNe and fair vi¢w of th¢ sla¢e of
affairs of the Chartty at the end of e￿h financial ye4r 8nd of th¢ surplus or deficit for the yearthen ended. In
preparing financial statements, the Trustees are required to:
s¢l¢ct 3Uitable accountin8 policies artd apply them consistently.
make judgements and estimates that gre reasonable and prudent:
follow applicable AccountinB Stondards. 8ubject to any Materi￿ departwes di￿108ed and explained in
the Financial Ststements.
prepare the Financial Ststements on th¢ going ¢o)i¢ern basis unless it is inappropriate to presume that
the Charity will continue to operate.

WESTERHAM ALMSHOUSE CHAIUTY
REPORT OF THE TRUSTEES
The Trusttt5 8re responsible for maintaining adequa¢e acwunting re￿rds. for safeguarding the assets of the
Charity and for takin8 reasonable steps for the prevention and detection of fraud and other regularities, The
Trustees ar¢ also requiTed to indicate where the Financial S¢a*m¢nts pre prepared other than on the basis that
the Charity is a going concern.
Si￿ed on behalf of the Trustees
C F K Warde Chair

WESTERHAM ALMSHOUSE CHAIUTY
REPORT OF THE INDEPENDEI¥T EXAMINERS TO THE TRUSTEES
We report on the accounts of the Charity for th¢ period l# January 2024 to 31st D￿ernber 2024 whith 8re s¢t
out on p&ges 4 t
Rupective reJpDnsibiiities oftrujtees and examillers
The charity's tn￿lee9 responsibl¢ for the pr¢p8rntion of the accounts. The charity's trustees consider that an
audit 1$ not reiwired for this Y￿ under section 144 of the Charities Act 2011 (th¢ Chorities Act) and that an
independent examination is needed.
It is our responsibility to:
examine the accounts under se¢tion 145 of the Charities Aci:
to follow the proc¢dures laid down in the G¢n¢ral Dirertions 8iven by the Charity Commission (under
section 145(5)(b) of the Charities ACL and
to whether particular matters have come to my attention.
Basls of Klldependenl exAmitt¢rs' r¢port
Our examination wa5 ca￿led out in accordance with the Genera] Directions given by the Charity Commission.
An examination includes a review of the acwunting records kept by the charity and a comparison ofthe
accounts presented with those Tecords. Et dso includes consideration of any unusual items or dis¢losures in th¢
accounts. and seektng explanations from the trustees conceming any such matters. The procedures undertaken
do not provide a]1 the evid¢nce that would be r¢quir¢d in an audit, and ¢ons¢qu¢nt]y no opinion is giv¢n os
whether th¢ accounts present a'thue and fair, view artd the report is limited lo those matters 5¢t out in the
ststement below.
Independent examlnery. Statement
In connection with our examination, no matter has come to our att¢ntion:
which gives us reasonable ￿uSe to believe that any material re5pec( the requirements:
keep accounting ￿￿rdS in 8¢wrdance with se¢lion 130 of the Charities ACL and
to PTepare accounts which accord with the accounting records and comply with the accounting
requirements of th¢ Charities Acl
have not been meL or
2 to whidL in our opinion. atterttion should be drawn in order lo enable &proper understanding of the
a¢¢ounts to be reach¢d.
CHEUSTOPHER COOK BA FCA
For and on behalf of Cook & CO Accourttants LLP
Chartered Accountants & Statutory Auditor
Riverside Business Centre
Rivmide House
River Lawn Road
Tonbridge
TN9 IEP
13 October 2025

WESTERHAM ALMSHOUSE cHAR￿y
STATEMENT OF FtNANCIAL AcfiviTIES
FOR THE YEAR EI¥DED 31st DECEMBER 2024
Note
2024
2023
INCOMING RESOURCES
Mainten4nce contribulions
Investment and other income
l(b)
139.353
47.192
186.545
140,015
34.025
174,040
Total Incomlng resources
RESOURCES EXPENDED
Int¢rest payable and similar charges
Property and adminA$tration costs
Routinc maintenance
Cycli¢8V¢xtraordin8ry mRintenance
TotAI r•soure•s expelld
93,865
25,256
13.933
133,054
65,556
15.605
8,485
89,646
NET INCOMING RESOURCES
53.491
84.394
TRANSFERS BETWEEN FUNDS
Future repairs reserve
NET INCOMING RESOURCES AFTER TRANSFERS
53,491
84,394
un￿alISed inv¢slmenl gainsl(losses)
NET MOVEMENT IN FUNDS
53.491
84,394
Balance brought forward
821.452
737.058
ACCUMULATED GENERAL RESERVE AT 31 DECEMBER
874.943
821.452
STATEME]￿ OF TOTAL RECOGNISED GAINS AND LOSSES
There are no reCO￿lsed gains or losses other than those included in the above Siatemeni ofFinancial A¢tivitie5 for
the ¢urr¢nt period.

WESTERHAM ALMSHOUSE CHARrrY
NCE SHEET AT 31 DECEMBER 2024
N￿¢
2024
2023
FIXED ASSET3
Housing prowties
158.518
158,518
Long tenn investments
621,859
577,141
735.659
CURRE1￿ ASSETS
D¢b¢ors
Cash at bank and in hat
5,496
91.602
97.098
2.500
84.477
86.977
CREDrroRS
Amounts falltng due within one year
-2.532
-1.184
NET CURRENT ASSETS
94.566
85.793
TOTAL ASSETS LESS CURRENT LIABILITJES
874.943
821.452
CREDITORS
874.943
821.452
CAPfTAL AND RESERVES
Reserves
Accumulated general r&serve
874,943
874,943
821.452
821,452
These Fin8nci81 StatenThts w¢re approved by th¢ Tn￿eeS (ffl 8110r2025 and sI￿d on its beh￿rby.
CFKWard¢
Tnjstees
J P Southwoffh

NiyfES TO THE FINANCIAL STATEME
for the perk)d l J*ttth4ry 2024 to 31 De¢ember 2024
I. PRtNCIPAL ACCOUNfiNG POUCILS
a) Batis ofdeeowiiinl.
The Finatt¢ial sWeMe￿ty I￿ PTepw&l under the hislori¢al ¢oM b8sis of a¢¢ountin& and in
accordance with the Financial Rryorting StandoTd 102. The accounts are pryard on a going
concem basis. 4$ there are no m*eri81 unLYrtainties relwed io ¢v¢nts or Conditions that C88t
Significant doubt on the charity'3 ability to continue &8 a going c4)ncem.
b) Twnover
Turnover represents maintenance contribution5 receivable from residents durin8 the year.
includin8 ch￿8¢$ for light he*.
c) HO￿￿8 PrO￿rtieS
Ho￿]ng Pm1￿rticS are ￿Counted for & valuation as at 14 July 2021 when the uniftcoryorated
charÉty W&8 merged into the CIO. The proFtrties are noi depre¢l￿ed as the Charity expenses
all maintenance costs whrn Se¢ N￿e 6 for more detail.
d) Imrsinxn13
Fixed &qset investments And current a¥sei investments Ire swed ￿ markth va]ue. Inveslment
income is a¢￿yAled for on ￿ ￿¢n￿lS bosis. Curr¢nl 8s3¢t inv¢slnJ¢nts or¢ re8arded &8 held
Èmarily to xcumu181e fillmls for futu￿ repair a)s
e) Repair wendifyre
All repair expenditure, whdh¢r routi￿ cyclical or extraordinary. is ¢har8ed ￿ revenue in the
y¢or in which it is incurred.
Future Rep7ir3 Reserny
A reserye is held representin8 9rn(Amts set 8sid¢ for cyclical and extr2•)rdin8ry repaits which
become neccs5Rry from lime io time durin8 the life of the buildings. The amounts set aside ore
(except in yeors of exwiditure) at le&8t equd to thc amounts recommended by the
Almshouse Asso¢iatiffl for the Cyclical ond Exfraordin8ry t¢pAir w¢gori¢s.
8) Propety Investn￿￿ Fund
This represents the book value of prowies oth by th¢ Charity. pnd athiowledges the fact
that reserves equivaleni to this value &t not available in liquid forn).
h) Value Added Tar
The Charity is not re81￿cted for Value Added TaK In these Financial Ststements expenditure
is shown inclusiv¢ of VAT wh¢re r¢l¢vonl.
TRUSTEES, EMOLiJMENfs A]¥D EMPLOYEE INFORMATION
None of th¢ Trt￿tee$ receives any emoluments. A total of £6.642 was PAid by way of fees lo Ihe
Cltsk to the Tru5*es durin8 the perifya. Thue are no oth¢r employees.

WESTERHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
for the pcriod l January 2024 to 31 De¢¢mb¢r 2024
TAXATION
As a registered Charity. Westerham Almshouse Charity is exempt from liability ¢0 18xaiion on its
income and capital gain&
FIXED ASSETS- HOUSING PROPERTIES (FREEHOLD)
Moretons
Court
(C05t)
Collthetst
Willards
(Cost) (Valuation)
Total
2024
Cost orv11￿#110tt
Al l Jonuary 2024
At 31 December 2024
33595 158 518
33595 158 518
67.517
Moretons Court Wds consiTtsCted in the late ftineteenth ¢entury. Ther¢ 18 no re¢ord of the original
Cost and no valu¢ is attributed therto. The cost relates to improvernents ￿rIed out in earlier
years (£30,322) and Enor¢ r¢￿)tlY the conversion of th¢ existing accommodation to provide 12
selfqcontained apartments (£329.964) which wa5 partially fimded by a grant from the then
Housing corporatio￿ and a mort8a8e loan of £64,861 advanced in March 1989 from the same
source (secured by a charge on Moretons Court). The loan was repaid in April 2019.
Colltherst Almshouses (in Vi¢arage Hill. Westerham ) was renoval¢d and r¢fvrbish¢d in 1999 to
produce three selfacontsined ap8rtments. The total cost was £220,739, partially defrnyed by a
granl of£98.947 from the then Housing CO￿￿ratIon.
Willards is a twouunit property in New Str¢¢L W￿terha￿, and is stated at a valuation made in
2000. le55 subsequent depreciation.
All Properties were transferred io the CIO on 14 July 2021 at the then stated book value whi¢h is
shoMTr above.
The properties are not deP￿lated as all maititenance and improvements expenses are Cha￿ to
income by the Ch8Jity when incurred.

WESTERHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
for the perlod 1 January 2024 to 31 De¢embor 2024
Note
S INVESTMENT AND OTHER INCOPAe
2024
2023
Acojmulatton share incomè
Dwid•nd incom•
Othw hKom•
47.192
34,025
47.192
34,025
FIXED A88Ef8
Freehdd propwty
Moretons Cwrt
c0Hth￿
WIIL•rd•
67.517
57.406
33.595
158.518
07.517
57,406
33,595
158.518
621.859
577,141
Total fix•1
780.377
735,659
8 CREI)ITOR8: knounts tslllng du• T*lthln ryb• y••r
2,532
2.532
1,184
1,184
9 PROPERTY AND ADMIN18TRA710M C08T8
Irour•n¢o
He4ltng ￿dlIgh￿l7
Watw ¢hirg•8
8,583
28,759
4.288
7.434
3,369
16,548
8,998
75.959
5,325
26,944
4,101
2,862
4,221
14,055
S￿rIty
57,508
6,642
2,438
5.889
62
1,318
1,557
17,906
5,000
1,140
Irthp•ndent EX￿In*l Reffl￿a
Leg&1 fe8$
88nk th8ry89
Subs¢rfpll
Sundries
1,100
8,048
93,865
65,556