## **Trustees’ Annual Report for the period 1 April 2024 to 31 March 2025** THE FINCH ALMSHOUSES, RAVENSTONE Charity registration number: 1201122 ## **Objectives and Activities** ||SORP
reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The Charity’s purpose is the relief of poverty,
hardship or distress through the provision of
almshouse accommodation.| |Summary of the main activities
in relation to those purposes
for the public benefit, in
particular, the activities,
projects or services identified
in the accounts.|Para 1.17 and
1.19|The Charity’s main activity is the ownership,
management and operation of six almshouses
located in the village of Ravenstone,
Buckinghamshire.
The Charity uses these properties to provide
long-term housing for residents who meet the
qualifying criteria set out in the Charity’s
constitution and who have been assessed as
being in housing need.| |Statement confirming whether
the trustees have had regard to
the guidance issued by the
Charity Commission on public
benefit|Para 1.18|The trustees have considered the guidance
issued by the Charity Commission on public
benefit and confirm that the Charity’s purpose
and activities arein full accordance with these
principles| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|Not applicable| |Policy on social investment
including program related
investment|Para 1.38|Not applicable| |Contribution made by
volunteers|Para 1.38|Not applicable| |Other||Not applicable| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to the
circumstances of its
beneficiaries and any wider
benefits to society as a whole.|Para 1.20|ACHIEVEMENTS
During the year, the Charity:
•
Completed the construction of two
redeveloped units to provide
accommodation for beneficiaries.
•
Appointed one resident into one of
these units.
•
Maintained long-term funding from the
Charity Bank that enabled phased
improvement works to the estate.
BENEFITS
The Charity believes that these achievements
have benefited residents, the community and
other stakeholders.
(a)By developing two further units to the
two completed in the previous year, the
Charity has continued to improve the
amenities, safety and energy
performance of the housing stock for
residents.
The reconfigured units have an
improved protected means of escape, a
shower room and WC at first floor and a
designated eating area. Thermal
insulation was upgraded and the space
heating replaced with a more energy
efficient system.
(b)Continued the provision of affordable
housing in the village.
The lack of affordable housing in the
village was widely identified by
residents as an issue of primary
concern during the consultation for the
Local Plan in 2017. Two vacant units
were made available in the year,
following two the previous year. The
improvement works have also
expanded the appeal of the Charity’s
housing stock to a wider range of
applicants as the unimproved
configuration had potentially restricted
the number of applicants.
(c)Maintained the stewardship of
historically significant buildings and
local heritage. All works are carried out
under the supervision of an architect
and building contractor in line with the
requirements of the properties’ Grade
II* listed status. The Trustees consider
that keeping the buildings occupied,
maintained and income-generating will
ensure their viability for future
generations, thereby preserving an
important part of the local heritage.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|Not applicable| |---|---|---| |Performance of fundraising
activities against objectives set|Para 1.41|Not applicable| |Investment performance
against objectives|Para 1.41|Not applicable| |Other||| ## **Financial Review** |**inancial Review**||| |---|---|---| |Review of the charity’s financial
position at the end of the
period|Para 1.21|In the 9 months ending 31 March 2024, the
Charity generated a net income from trading
activities of £33,58 and from investments a
figure of £1,078.| |Statement explaining the policy
for holding reserves stating
why they are held|Para 1.22|The Charity requires sufficient realisable
reserves to cover (1) day to day costs of
maintaining and operating the almhouses (2)
provision for reactive repairs and unplanned
maintenance and (3) cyclical maintenance
plans.| |Amount of reserves held|Para 1.22|At 31 March 2025 the Charity’s reserves were
£1,984,730, comprising the freehold to the
almshouses, cash and investment less Charity
Bank mortgage secured on the almshouses.| |Reasons for holding zero
reserves|Para 1.22|Not applicable| |Details of fund materially in
deficit|Para 1.24|Not applicable| |Explanation of any
uncertainties about the charity
continuing as a going concern|Para 1.23|At the time of approving the financial
statements, the Trustees have a reasonable
expectation that the Charity has adequate
resources to continue its operations for
foreseeable future. Accordingly, the trustees
continue to adopt the going concern basis of
accounting in preparing the financial
statements.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal sources
of funds (including any
fundraising)|Para 1.47|The Charity’s principal sources of income are
the Weekly Maintenance Contributions received
from Residents and, to a lesser extent, the
investment income on quoted investments.| |---|---|---| |Investment policy and
objectives including any social
investment policy adopted|Para 1.46|The Charity invests a proportion of surplus cash
in quoted investments managed by CCLA, an
asset manager. The investment objectives are
to provide a long-term total return comprising
growth in capital and income, to match the
Charities long-term liabilities associated with the
maintenance and support of the almshouses.| |A description of the principal
risks facing the charity|Para 1.46|(1) Sustained increase in maintenance and
repair costs that consistently exceed
the income that can be recovered
through the Weekly Maintenance
Charges.
(2) Major damage to the almshouses by
fire or flood
(3) Almshouses become obsolete and no
longer provide the amenities or attain| |||the housing standard required by
residents.| |---|---|---| |Other||None| **Structure, Governance and Management** |Description of charity’s trusts:||| |---|---|---| |Type of governing document|Para 1.25|The Finch Almshouses Ravenstone is a
Charitable Incorporated Organisation under a
Constitution registered on 23 November 2022.| |How is the charity constituted?|Para 1.25|Charitable Incorporated Organisation under
number 120122| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of any
person or body entitled to
appoint one or more trustees|Para 1.25|Under the terms of the Charity’s constitution,
there must be at least 5 trustees:
1 x Ex-officio Trustee being the Vicar of the
Ecclesiastical Parish of All Saints,
Ravenstone, Buckinghamshire
1 x Hereditary Trustee
3 x Co-optative Trustee: Appointed for a term
of 5 years and recruited by a formal
application and interview process.
Every trustee must be a natural person| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|None| |---|---|---| |The charity’s organisational
structure and any wider
network with which the charity
works|Para 1.51|None| |Relationship with any related
parties|Para 1.51|None| |Other||| ## **Reference and Administrative details** |Charity name|THE FINCH ALMSHOUSES, RAVENSTONE| |---|---| |Other name the charity uses|None| |Registered charity number|1201122| |Charity’s principal address|Priory Lade, North End, Ravenstone, Olney, Bucks, MK46 5AN| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any)**| |---|---|---|---|---| ||Abigail White|Co-Chair
Co-optative Trustee:||| ||Debbie Saunders|Co-Chair
Co-optative Trustee:||| ||Glynis Bailey|Co-optative Trustee:||| ||George Harry Finch|Hereditary Trustee||| ||The Rev Canon
Christa Pumfrey|Ex-officio Trustee||| ||Richard Macgowan|Co-optative Trustee:||| – Corporate trustees names of the directors at the date the report was approved **Director name** None Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |None||| ## **Funds held as custodian trustees on behalf of others** |Description of the assets held
in this capacity|None| |---|---| |Name and objects of the charity
on whose behalf the assets are
held and how this falls within
the custodian charity’s objects|None| |Details of arrangements for
safe custody and segregation
of such assets from the
charity’s own assets|None| **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)** Not applicable ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Not applicable ## **Other optional information** Not applicable ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **on behalf of the charity’s trustees** **Signature(s)** Abigail White (Jan 29, 2026 10:14:13 GMT) **Full name(s)** ABIGAIL WHITE **Position (eg Secretary,** CO-CHAIR **Chair, etc) Date** 29/01/2026 2026-01-29 ## FAR Trustee Annual Report 2025 ## Final Audit Report Created: 2026-01-29 By: Nathan White (njw@white-co.co.uk) Status: Signed Transaction ID: CBJCHBCAABAA4I_sP5htkg-rsrn6dmYQCqH2mY-mcd0U ## "FAR Trustee Annual Report 2025" History Document created by Nathan White (njw@white-co.co.uk) 2026-01-29 - 9:20:23 AM GMT- IP address: 86.128.107.233 Document emailed to Abigail White (abby@abbywhiteplanting.co.uk) for signature 2026-01-29 - 9:20:27 AM GMT ## Email viewed by Abigail White (abby@abbywhiteplanting.co.uk) 2026-01-29 - 10:13:46 AM GMT- IP address: 104.47.30.126 ## Document e-signed by Abigail White (abby@abbywhiteplanting.co.uk) Signature Date: 2026-01-29 - 10:14:13 AM GMT - Time Source: server- IP address: 86.128.107.233 Agreement completed. 2026-01-29 - 10:14:13 AM GMT _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ CHARITY NUMBER: 1201122 The Finch Almhouses Ravenstone ACCOUNTS TO 31 MARCH 2025 AND INDEPENDENT EXAMINATION 1 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ |Contents:|| |---|---| ||Page number| |Statement of financial activities|3| |Balance sheet|4| |Notes to the accounts|5| |Independent examiners report on the accounts|10| 2 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Section A Statement of financial activities** **----- Start of picture text -----**
Restricted
Recommended categories by Unrestricted income Endowment
activity funds funds funds Total funds
£ £ £ £
Incoming resources (Note 2) F01 F02 F03 F04
Income and endowments from:
Donations and legacies S01 - - - -
Charitable activities S02 - - - -
Other trading activities S03 33,858 - - 33,858
Investments S04 1,078 - 1,078
Separate material item of income S05 - - - -
Other S06 225,000 - - 225,000
Total S07 259,936 - - 259,936
Resources expended (Note 3)
Expenditure on:
Raising funds S08 - - - -
Charitable activities S09 - - - -
Separate material item of expense S10 - - - -
Other S11 22,669 - - 22,669
Total S12 22,669 - - 22,669
Net income/(expenditure) before investment
gains/(losses) S13 237,267 - - 237,267
Net gains/(losses) on investments S14 - - - -
Net income/(expenditure) S15 237,267 - - 237,267
Extraordinary items S16 - - - -
Transfers between funds S17 - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - -
Other gains/(losses) S19 - - - -
Net movement in funds S20 237,267 - - 237,267
Reconciliation of funds:
Total funds brought forward S21 - - - -
Total funds carried forward S22 237,267 - - 237,267
Guidance Notes
**----- End of picture text -----**
3 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Section B Balance sheet** ||Guidance Notes|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total this**
**year**| |---|---|---|---|---|---| |||**£**|**£**|**£**|**£**| |**Fixed assets**||F01|F02|F03|F04| |**Intangible assets**|B01|-|-|-|-| |**Tangible assets(Note 4)**|B02|2,177,931|-|-|2,177,931| |**Heritage assets**|B03|-|-|-|-| |**Investments(Note 5)**|B04|49,668|-|-|49,668| |**_Total fixed assets_**|B05|2,227,599|-|-|2,227,599| |**Current assets**|||||| |**Debtors(Note 6)**|B07|343|-|-|343| |**Cash at bank and in hand(Note 7)**|B09|138,723|-|-|138,723| |**_Total current assets_**|B10|139,066|-|-|139,066| ||||||| |**Creditors: amounts falling due**
**withinone year(Note 8)**|B11|37,008|-|-|37,008| ||||||| |**_Net current assets/(liabilities)_**|B12|102,058|-|-|102,058| ||||||| |**_Total assets less current liabilities_**|B13|2,329,657|-|**-**|2,329,657| ||||||| |**Creditors: amounts falling due after**
**one year(Note 9)**|B14|344,927|-|-|344,927| |**Provisions for Liabilities**|B15||-|-|-| ||||||| |**_Total net assets or liabilities_**|B16|1,984,730|-|-|1,984,730| |**Funds of the Charity**|||||| |**Unrestricted funds**|B19|1,984,730||-|1,984,730| |**_Total funds_**|B21|1,984,730|-|-|1,984,730| ||||||| |Signed by one or two trustees on behalf of all
the trustees||Signature||Print Name|| ||||||| ||||||| 4 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **NOTES TO THE ACCOUNTS FOR THE YEAR TO 31[st] MARCH 2025** ## **Note 1 Accounting Policies** These financial statements are prepared on a going concern basis, under the historical cost convention. These statements have been prepared in accordance with the ‘Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)’ (the Charities SORP), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), with the Companies Act 2006 and with the Charities Act 2011. 5 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ |**Note 2**|**Analysis of income**||| |---|---|---|---| ||**Analysis**|**Unrestricted**
**funds**|
**Total funds**| ||||**£**| ||||| |**Other trading**
**activities:**|Maintenance charges
|33,858|33,858| |||-|-| |||-|-| ||Other|-|-| ||**Total**|33,858|33,858| ||||| |**Income from**
**investments:**|Income from Shares|1,077|1,077| ||Growth in Investments||-| |||-|-| ||Other|-|-| ||**Total**|1,077|1,077| ||||| |**Other:**|Grants|225,000|225,000| ||||-| |||-|-| ||Other|-|-| ||**Total**|225,000|225,000| ||||| |**TOTAL INCOME**||259,935|259,935| |**Note 3**|**Analysis of expenditure**|**Analysis of expenditure**||| |---|---|---|---|---| ||**Analysis**||**Unrestricted**
**funds**|
**Total funds**| |||||**£**| |**Expenditure on**
**raising funds:**|Maintenance||6,275|6,275| ||Utilities and Council tax||-776|-776| ||Professional fees||1,246|1,246| ||Mortgage interest||14,223|14,223| ||Other||1,701|1,701| ||**Total expenditure on raising funds**||22,669|22,669| 6 ## _The Finch Almhouses Ravenstone_ _Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 4 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
4.1 Cost or valuation
Freehold land & Other land & Plant, Fixtures, fittings Total
buildings buildings machinery and equipment
and motor
vehicles
£ £ £ £ £
At the beginning of the year 1,922,926 - - - 1,922,926
Additions 255,005 - - - 255,005
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year 2,177,931 - - - 2,177,931
4.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
4.3 Net book value
Net book value at the beginning of the year 1,922,926 - - - 1,922,926
Net book value at the end of the year 2,177,931 - - - 2,177,931
**----- End of picture text -----**
7 _The Finch Almhouses Ravenstone_ _Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 5 Investment assets
Please complete this note if the charity has any investment assets.
5.1 Fixed assets investments (please provide for each class of investment)
Cash & cash Listed Investment Social
Other Total
equivalents investments properties investments
Carrying (fair) value at beginning of - 51,369 - - - 51,369
period
Add: additions to investments during - - - - -
period*
Less: disposals at carrying value - - - - -
Less: impairments - - - - -
Add: Reversal of impairments - - - - -
Add/(deduct): transfer in/(out) in the - - - - - -
period
Add/(deduct): net gain/(loss) on - 1,701 - - - - 1,701
revaluation
Carrying (fair) value at end of year - 49,668 - - - 49,668
Note 6 Debtors and prepayments
This year
6.1 Analysis of debtors
£
Trade Debtors -
Prepayments and accrued income 343
Total 343
**----- End of picture text -----**
8 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 7 Cash at bank and in hand
This year
£
Cash at bank and on hand 138,723
Total 138,723
**----- End of picture text -----**
**----- Start of picture text -----**
Note 8 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
8.1 Analysis of creditors
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
Accruals for grants payable
Bank loans and overdrafts - - - -
Trade creditors 37,008 - -
Payments received on account for contracts or
- - - - -
performance related grants
Accruals and deferred income - - - -
- - - -
Taxation and social security
- - -
Charity Bank mortgage 344,927
Total 37,008 - 344,927 -
**----- End of picture text -----**
9 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Independent examiner’s report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** The Finch Almhouses Ravenstone **members of** |**On accounts for the year**
**ended**
**Set out on pages**|31/03/2025|**Charity no**
**(if any)**|1201122| |---|---|---|---| ||||| ||3-6||| **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - to state whether particular matters have come to my attention **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 10 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Independent examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body (if**
**any):**
**Address:**||28th January 2026| |---|---|---| |||| ||Mr Andrew Totton FCA|| |||| ||Institute of Chartered Accountants in England and Wales (ICAEW)
Member number 9012229|| |||| ||Office 8, 17 High Street|| ||Olney, Bucks|| ||MK46 4EB|| ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 11 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ **Give here brief details of any items that the examiner wishes to disclose** . 12 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ CHARITY NUMBER: 1201122 The Finch Almhouses Ravenstone ACCOUNTS TO 31 MARCH 2025 AND INDEPENDENT EXAMINATION 1 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ |Contents:|| |---|---| ||Page number| |Statement of financial activities|3| |Balance sheet|4| |Notes to the accounts|5| |Independent examiners report on the accounts|10| 2 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Section A Statement of financial activities** **----- Start of picture text -----**
Restricted
Recommended categories by Unrestricted income Endowment
activity funds funds funds Total funds
£ £ £ £
Incoming resources (Note 2) F01 F02 F03 F04
Income and endowments from:
Donations and legacies S01 - - - -
Charitable activities S02 - - - -
Other trading activities S03 33,858 - - 33,858
Investments S04 1,078 - 1,078
Separate material item of income S05 - - - -
Other S06 225,000 - - 225,000
Total S07 259,936 - - 259,936
Resources expended (Note 3)
Expenditure on:
Raising funds S08 - - - -
Charitable activities S09 - - - -
Separate material item of expense S10 - - - -
Other S11 22,669 - - 22,669
Total S12 22,669 - - 22,669
Net income/(expenditure) before investment
gains/(losses) S13 237,267 - - 237,267
Net gains/(losses) on investments S14 - - - -
Net income/(expenditure) S15 237,267 - - 237,267
Extraordinary items S16 - - - -
Transfers between funds S17 - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - -
Other gains/(losses) S19 - - - -
Net movement in funds S20 237,267 - - 237,267
Reconciliation of funds:
Total funds brought forward S21 - - - -
Total funds carried forward S22 237,267 - - 237,267
Guidance Notes
**----- End of picture text -----**
3 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Section B Balance sheet** ||Guidance Notes|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total this**
**year**| |---|---|---|---|---|---| |||**£**|**£**|**£**|**£**| |**Fixed assets**||F01|F02|F03|F04| |**Intangible assets**|B01|-|-|-|-| |**Tangible assets(Note 4)**|B02|2,177,931|-|-|2,177,931| |**Heritage assets**|B03|-|-|-|-| |**Investments(Note 5)**|B04|49,668|-|-|49,668| |**_Total fixed assets_**|B05|2,227,599|-|-|2,227,599| |**Current assets**|||||| |**Debtors(Note 6)**|B07|343|-|-|343| |**Cash at bank and in hand(Note 7)**|B09|138,723|-|-|138,723| |**_Total current assets_**|B10|139,066|-|-|139,066| ||||||| |**Creditors: amounts falling due**
**withinone year(Note 8)**|B11|37,008|-|-|37,008| ||||||| |**_Net current assets/(liabilities)_**|B12|102,058|-|-|102,058| ||||||| |**_Total assets less current liabilities_**|B13|2,329,657|-|**-**|2,329,657| ||||||| |**Creditors: amounts falling due after**
**one year(Note 9)**|B14|344,927|-|-|344,927| |**Provisions for Liabilities**|B15||-|-|-| ||||||| |**_Total net assets or liabilities_**|B16|1,984,730|-|-|1,984,730| |**Funds of the Charity**|||||| |**Unrestricted funds**|B19|1,984,730||-|1,984,730| |**_Total funds_**|B21|1,984,730|-|-|1,984,730| ||||||| |Signed by one or two trustees on behalf of all
the trustees||Signature||Print Name|| ||||||| ||||||| 4 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **NOTES TO THE ACCOUNTS FOR THE YEAR TO 31[st] MARCH 2025** ## **Note 1 Accounting Policies** These financial statements are prepared on a going concern basis, under the historical cost convention. These statements have been prepared in accordance with the ‘Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)’ (the Charities SORP), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102), with the Companies Act 2006 and with the Charities Act 2011. 5 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ |**Note 2**|**Analysis of income**||| |---|---|---|---| ||**Analysis**|**Unrestricted**
**funds**|
**Total funds**| ||||**£**| ||||| |**Other trading**
**activities:**|Maintenance charges
|33,858|33,858| |||-|-| |||-|-| ||Other|-|-| ||**Total**|33,858|33,858| ||||| |**Income from**
**investments:**|Income from Shares|1,077|1,077| ||Growth in Investments||-| |||-|-| ||Other|-|-| ||**Total**|1,077|1,077| ||||| |**Other:**|Grants|225,000|225,000| ||||-| |||-|-| ||Other|-|-| ||**Total**|225,000|225,000| ||||| |**TOTAL INCOME**||259,935|259,935| |**Note 3**|**Analysis of expenditure**|**Analysis of expenditure**||| |---|---|---|---|---| ||**Analysis**||**Unrestricted**
**funds**|
**Total funds**| |||||**£**| |**Expenditure on**
**raising funds:**|Maintenance||6,275|6,275| ||Utilities and Council tax||-776|-776| ||Professional fees||1,246|1,246| ||Mortgage interest||14,223|14,223| ||Other||1,701|1,701| ||**Total expenditure on raising funds**||22,669|22,669| 6 ## _The Finch Almhouses Ravenstone_ _Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 4 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
4.1 Cost or valuation
Freehold land & Other land & Plant, Fixtures, fittings Total
buildings buildings machinery and equipment
and motor
vehicles
£ £ £ £ £
At the beginning of the year 1,922,926 - - - 1,922,926
Additions 255,005 - - - 255,005
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year 2,177,931 - - - 2,177,931
4.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of the year - - - - -
4.3 Net book value
Net book value at the beginning of the year 1,922,926 - - - 1,922,926
Net book value at the end of the year 2,177,931 - - - 2,177,931
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7 _The Finch Almhouses Ravenstone_ _Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 5 Investment assets
Please complete this note if the charity has any investment assets.
5.1 Fixed assets investments (please provide for each class of investment)
Cash & cash Listed Investment Social
Other Total
equivalents investments properties investments
Carrying (fair) value at beginning of - 51,369 - - - 51,369
period
Add: additions to investments during - - - - -
period*
Less: disposals at carrying value - - - - -
Less: impairments - - - - -
Add: Reversal of impairments - - - - -
Add/(deduct): transfer in/(out) in the - - - - - -
period
Add/(deduct): net gain/(loss) on - 1,701 - - - - 1,701
revaluation
Carrying (fair) value at end of year - 49,668 - - - 49,668
Note 6 Debtors and prepayments
This year
6.1 Analysis of debtors
£
Trade Debtors -
Prepayments and accrued income 343
Total 343
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8 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ **----- Start of picture text -----**
Note 7 Cash at bank and in hand
This year
£
Cash at bank and on hand 138,723
Total 138,723
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Note 8 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
8.1 Analysis of creditors
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
Accruals for grants payable
Bank loans and overdrafts - - - -
Trade creditors 37,008 - -
Payments received on account for contracts or
- - - - -
performance related grants
Accruals and deferred income - - - -
- - - -
Taxation and social security
- - -
Charity Bank mortgage 344,927
Total 37,008 - 344,927 -
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9 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Independent examiner’s report on the accounts** **Section A Independent Examiner’s Report** **Report to the trustees/** The Finch Almhouses Ravenstone **members of** |**On accounts for the year**
**ended**
**Set out on pages**|31/03/2025|**Charity no**
**(if any)**|1201122| |---|---|---|---| ||||| ||3-6||| **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (“the Act”). The charity’s trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the applicable Directions given by the Charity Commission (under section 145(5)(b) of the Act, and - to state whether particular matters have come to my attention **Basis of independent examiner’s statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 10 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ ## **Independent examiner's statement** In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body (if**
**any):**
**Address:**||28th January 2026| |---|---|---| |||| ||Mr Andrew Totton FCA|| |||| ||Institute of Chartered Accountants in England and Wales (ICAEW)
Member number 9012229|| |||| ||Office 8, 17 High Street|| ||Olney, Bucks|| ||MK46 4EB|| ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). 11 _The Finch Almhouses Ravenstone Accounts and Independent Examination March 2025_ **Give here brief details of any items that the examiner wishes to disclose** . 12