Trustees' Annual Report for the period
Period start date Period end date Day Month Year Day Month Year From 01 Jan 2025 To 31 Dec 2025
Section A Reference and administration details
Charity name Dr Milley’s Hospital Other names charity is known by n/a Registered charity number (if any) 1202435
Charity's principal address 7 Beacon Street Lichfield
Postcode WS13 7AA
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year | Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Elaine Price | - | Whole year | ||
| Mark Lupton | - | Whole year | ||
| David Werry | - | 18/07/24 – to present | ||
| Roger Hartley | - | Whole Year | ||
| Gail Ryan | - | Whole Year | ||
| Jane Douthwaite | - | Whole Year | ||
| Sheila Linger | - | Whole Year | ||
| Donna Greatorex | - | Whole year | ||
| Susan Gallagher | - | 20/07/2035-22/05/2025 | ||
| Cynthia Tipper | - | Whole year | ||
| Rosie Harvey - Coggins |
- | Whole Year | ||
| Wendy Dee | - | Whole Year | ||
| Names of the trustees for the charity, if any, (for example, any custodian trustees) | ||||
| Name | Dates acted if not for whole year | |||
| As above | ||||
Names of the trustees for the charity, if any, (for example, any custodian trustees)
| Name | Dates acted if not for whole year |
|---|---|
| As above | |
March 2012
TAR
1
Names and addresses of advisers (Optional information)
Type of adviser Name Address N/a Name of chief executive or names of senior staff members (Optional information) n/a
Section B Structure, governance and management
Description of the charity’s trusts
Constitution Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Elected by Trustee selection methods (eg. appointed by, elected by)
Additional governance issues (Optional information)
-
Charity converted to CIO on 1[st] January 2025. (Previous charity reference
-
You may choose to include with number 214782)
-
additional information, where relevant, about: • policies and procedures • Bullying and harassment policy and procedures adopted for the induction and •
-
training of trustees; Complaints handling
-
• • the charity’s organisational Complaints policy and procedures structure and any wider network • Financial reserves policy and procedures
-
with which the charity works;
-
• relationship with any related • Internal charity financial controls policy and procedures parties; • Internal risk management policy and procedures
-
• trustees’ consideration of major • Investing charity funds policy and procedures
-
risks and the system and procedures to manage them. • Investment • Paying staff
-
• Risk management
-
• Safeguarding policy and procedures
-
• Safeguarding vulnerable beneficiaries
-
• Serious incident reporting policy and procedures
-
• Trustee conflicts of interest policy and procedures
-
• Trustee expenses policy and procedures
Section C Objectives and activities
March 2012
TAR
2
The charity provides accommodation to lone women in need, in financial difficulty and who are resident in the area covered by Lichfield District Council with preference to those residents in the City of Lichfield. The trustees can, in Summary of the objects of the exceptional circumstances, give the accommodation to those outside the area charity set out in its governing covered by the Lichfield District Council area but who are otherwise qualified. document Provides Buildings/facilities/open Space. Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
March 2012
TAR
3
n/a
You may choose to include further statements, where relevant, about:
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
March 2012
TAR
4
Section D Achievements and performance
| Summary of the main achievements of the charity during the year |
The move to a CIO finally happened on the 1st January 2025 having been delayed by a good 18 months due to changes in Administrator, Chair of Trustees, Accountant and Solicitor. We finally managed to get our banking on line enabling payments to be made on line and money transferred when needed. The cheque book is now obsolete although we still need to have a paying in book for donations and more importantly the tumble dryer money. We have taken forward a number of major projects, some of which have been carried on into 2026. The out dated, inefficient fire alarm was finally replaced in the summer after considering 3 quotes all of which were very different. I’d like to thank the Trustees involved in the process namely David and Cynthia, and Margarite, who brilliantly negotiated a reduction in the final amount. The installation of fire breaks in the loft should have been completed before Christmas but ended being carried over to 2026. We had to rely on Tim Richardson to take this forward with Weatheroak, the company, as it involved very specialist products. Changes planned for the Dennis Birch Room have been carried over to 2026. Plans for solar panels is also delayed due to dealings with the Conservation Officer. On the whole the Residents get along well with only a few ‘niggles’ which get sorted out amongst themselves. We have tried to improve the soundproofing between flats 8 and 3 with mixed result. This is a big issue in the old part of the building and not easily resolved. At the end of the year we had a lot of change. 2 residents moved out of one bedroomed flats which were quickly snapped up by 2 residents in the bedsits. We have had to spend quite a lot on redecoration as one had not had anything done to it for almost 7 years and there had been flooding in the bathroom. Some white goods had to be replaced to make sure they were up to standard. We do need to carry out an audit of all the flats to try to foresee problems as I understand the bathrooms were done in 2017 and the kitchens in 2012/13. The store heaters were installed in 2017 and we have already encountered problems in one flat. |
|---|---|
March 2012
TAR
5
Section E Financial review
n/a Brief statement of the charity’s policy on reserves Details of any funds materially in n/a deficit
Further financial review details (Optional information)
n/a You may choose to include additional information, where relevant about:
-
the charity’s principal sources of funds (including any fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
n/a
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Margarite Burnell Position (eg Secretary, Chair, etc) Administrator
March 2012
TAR
6
Dats 08.07.2026 TAR March 2012
| Page | |
|---|---|
| Trustees' Report | 1—5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| ComparativeStatement of Financial Activities | 8 |
| Statement of Financial Position | 9 |
| Notes to the Financial Statements | 10—17 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM: | ||||||
| Donations and legacies | 3 | 1,248 | 1,248 | 1,616 | |||
| Charitable activities: | |||||||
| Almshousing | 48,582 | 48,582 | 45,541 | ||||
| Other trading activities | 4 | 267 | 267 | 1,539 | |||
| Investments | 5 | 6,729 | 6,729 | 6,762 | |||
| 56,826 | 56,826 | 55,458 | |||||
| EXPENDITURE ON: | |||||||
| Raising funds | 6 | (2,716) | (99) | (2,815) | (3,355) | ||
| Charitableactivities: | 6 | ||||||
| Almshousing | (70,340) | (70,340) | (44,734) | ||||
| (73,056) | (99) | (73,155) | (48,089) | ||||
| NET (EXPENDITURE)/INCOME BEFORE INVESTMENT (LOSSES)/GAINS |
(16,230) | (99) | (16,329) | 7,369 | |||
| Net gains on investments | 3,096 | 38,808 | 10,175 | 52,079 | 31,046 | ||
| NET (EXPENDITURE)/INCOME | (13,134) | 38,808 | 10,076 | 35,750 | 38,415 | ||
| NET MOVEMENT IN FUNDS |
(13,134) | 38,808 | 10,076 | 35,750 | 38,415 | ||
| RECONCILIATION OF FUNDS: | |||||||
| Total funds brought forward | 98,055 | 238,807 | 155,909 | 492,771 | 454,356 | ||
| TOTAL FUNDS CARRIED FORWARD | 17 | 84,921 | 277,615 | 165,985 | 528,521 | 492,771 |
| 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS | FROM: | |||||||
| Donations and legacies | 3 | 1,616 | 1,616 | |||||
| Charitable activities: | ||||||||
| Almshousing | 45,541 | 45,541 | ||||||
| Other trading activities | 4 | 1,539 | 1,539 | |||||
| Investments | 5 | 6,762 | 6,762 | |||||
| 55,458 | ||||||||
| EXPENDITURE ON: |
||||||||
| Raising funds | 6 | (2,308) | (1,047) | (3,355) | ||||
| Charitable activities: | 6 | |||||||
| Almshousing | (44,734) | (44,734) | ||||||
| (47,042) | (1,047) | (48,089) | ||||||
| NET INCOME BEFORE INVESTMENT |
GAINS | 8,416 | (1,047) | 7,369 | ||||
| Net gains on investments | 2,785 | 17 ,406 | 10,855 | 31,046 | ||||
| NET INCOME | 11,201 | 17 ,406 | 9,808 | 38,415 | ||||
| NET MOVEMENT IN FUNDS |
11,201 | 17 ,406 | 9,808 | 38,415 | ||||
| RECONCILIATION OF FUNDS: | ||||||||
| Total funds brought forward | 86,854 | 221,401 | 454,356 | |||||
| TOTAL FUNDS CARRIED | FORWARD | 17 | 98,055 | 238,807 | 155,909 | 492,771 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| Notes | |||||||
| FIXED ASSETS | |||||||
| TangibleAssets | 11 | 37,170 | 37,170 | 37,170 | |||
| Investments | 12 | 77,832 | 277,615 | 128,815 | 484,262 | ||
| 77,832 | 277,615 | 165,985 | 521, 432 | 487,546 | |||
| CURRENT ASSETS | |||||||
| Debtors | 13 | 4,812 | 4,812 | 2,624 | |||
| Cash at bank and in hand |
25,392 | 25,392 | 28,136 | ||||
| 30,204 | 30,204 | 30,760 | |||||
| Creditors: Amounts One Year |
FallingDue Within | 14 | (5,251) | (5,251) | (7,400) | ||
| NET CURRENT ASSETS (LIABILITIES) | 24,953 | 24,953 | 23,360 | ||||
| TOTALASSETS LESS LIABILITIES |
CURRENT | 102,785 | 277,615 | 165,985 | 546,385 | 510,906 | |
| Creditors: Amounts More Than One Year |
FallingDue After | 15 | (17,864) | (17,864) | (18,135) | ||
| NET ASSETS | 84,921 | 277,615 | 165,985 | 528,521 | 492,771 | ||
| FUNDS OF THE CHARITY | |||||||
| Endowment Funds: | |||||||
| Fair Value Reserve | 165,985 | 155,909 | |||||
| Restricted Funds: | |||||||
| Fair Value Reserve | 277,615 | 238,807 | |||||
| Unrestricted Funds: | |||||||
| Unrestricted Funds | 84,921 | 98,055 | |||||
| TOTAL FUNDS | 17 | 528,521 | 492,771 | ||||
| On behalf of the board |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| TOTAL INCOME | 56 826 | 56 826 | ||
| TOTAL EXPENDITURE | 73 155 | 73 155 | ||
| NET | ||||
| INCOME/ EXPENDITURE | 16 329 | 16 329 | ||
| OTHER GAINS/ LOSSES | 52 079 | 52 079 | ||
| NET MOVEMENT IN FUNDS | 35 750 | 35 750 |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| TOTAL INCOME | 55 458 | 55 458 | ||
| TOTAL EXPENDITURE | 48 089 | 48 089 | ||
| NET | ||||
| INCOME/ EXPENDITURE | 7 369 | 7 369 | ||
| OTHER GAINS/ LOSSES | 31 046 | 31 046 | ||
| NET MOVEMENT IN FUNDS | 38 415 | 38 415 | ||
| TOTAL FUNDS B/FWD | 454 356 | 454 356 | ||
| TOTAL FUNDS C/FWD | 492 771 | 492 771 |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| NET ASSETS | 492 771 | 492 771 | ||
| Re resented b | ||||
| UNRESTRICTED FUNDS | 98 055 | 98 055 | ||
| RESTRICTED FUNDS | 238 807 | 238 807 | ||
| ENDOWMENT FUNDS | 155 909 | 155 909 | ||
| TOTAL FUNDS | 492 771 | 492 771 |
| 2025 | 2024 | |||
|---|---|---|---|---|
| 3. | Income from Donations and Legacies | Unrestricted | Unrestricted | |
| funds | funds | |||
| Donations and gifts | 1,248 | 1,616 | ||
| 4. | Income from Other Trading Activities |
|||
| 2025 | 2024 | |||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| Fundraisingevents | 267 | 1,539 | ||
| 2025 | 2024 | |||
| 5. | Investment Income |
Unrestricted | Unrestricted | |
| funds | funds | |||
| Bank interest receivable | 644 | 423 | ||
| Dividends from investments | 6,085 | 6,339 | ||
| 6,729 | 6,762 |
| 2025 | ||||
|---|---|---|---|---|
| Activities | Support | |||
| undertaken | costs | |||
| directly | (see note 7) | Total | ||
| Raising funds | 2,815 | 2,815 | ||
| Almshousing | 56,405 | 13,935 | 70,340 | |
| 59,220 | 13,935 | 73,155 | ||
| 2024 | ||||
| Activities | Support | |||
| undertaken | costs | |||
| directly | (see note 7) | Total | ||
| Raising funds | 3,355 | 3,355 | ||
| Almshousing | 28,478 | 16,256 | 44,734 | |
| 31,833 | 16,256 | 48,089 | ||
| 7. Support |
Costs | |||
| 2025 | ||||
| Almshousing | ||||
| Premises expenses | 10,520 | |||
| General administration | 1,406 | |||
| Governance | costs | 2,009 | ||
| 13,935 | ||||
| 2024 | ||||
| Almshousing | ||||
| Premises expenses | 9,708 | |||
| General administration | 1,816 | |||
| Governance costs | 4,732 | |||
| 16,256 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Independentexamination | of | the | financial | statements | 576 | 1,500 |
| 9. StaffCosts |
|---|
| Staff costs were as follows: |
| 2025 | 2024 | |||
|---|---|---|---|---|
| Wages | and | salaries | 17,427 | 16,686 |
| Avera | ge number of employees during the year was as follows: | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| Administration | 1 | 1 | ||
| 1 | 1 | |||
| 11. Tangible Assets |
||||
| Land & | ||||
| Property | ||||
| Freehold | ||||
| Cost | ||||
| As at | 1 January 2025 | 264,844 | ||
| As at | 31 December 2025 | |||
| Depreciation | ||||
| As at | 1 January 2025 | 227,674 | ||
| As at | 31 December 2025 | 227,674 | ||
| Net Book Value | ||||
| As at | 31 December 2025 | 37,170 | ||
| As at | 1 January 2025 | 37,170 |
| 12. Investments |
||||
|---|---|---|---|---|
| Cash& Cash | Listed | Total | ||
| Equivalents | ||||
| Cost or Valuation | ||||
| As at 1 January 2025 | 1,481 | 448,895 | 450,376 | |
| Additions | (2,494) | 14,932 | 12,438 | |
| Disposals | 3,686 | (30,057) | (26,371) | |
| Revaluations | 47,819 | 47,819 | ||
| As at 31 December 2025 | 2,673 | 481,589 | 484,262 | |
| Provision | ||||
| As at 1 January 2025 | ||||
| As at 31 December2025 | ||||
| Net Book Value | ||||
| As at 31 December 2025 | 2,673 | 481,589 | 484,262 | |
| As at 1 January 2025 | 1,481 | 448,895 | 450,376 | |
| 13. Debtors |
||||
| 2025 | 2024 | |||
| Due within one year | ||||
| Trade debtors | 1,656 | 1,656 | ||
| Other debtors | 3,156 | 968 | ||
| 4,812 | 2,624 | |||
| 14. Creditors: Amounts |
FallingDue Within One Year | |||
| 2025 | 2024 | |||
| Bank loans and overdrafts | 260 | 249 | ||
| Taxation and social security | 1,160 | 731 | ||
| Accruals and deferred income | 3,831 | 6,420 | ||
| 5,251 | 7,400 | |||
| 15. Creditors: Amounts |
Falling Due After More Than One Year | |||
| 2025 | 2024 | |||
| Bank loans | 17,864 | 18,135 |
| n analysis of th | e maturity of loans is given below: | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| Amounts falling | due within one year or on demand: | ||||
| Bank loans | 260 | 249 | |||
| 2025 | 2024 | ||||
| Amounts falling | due between one and five years: | ||||
| Bank loans | 17,864 | 18,135 | |||
| 7. Movement |
in Funds | ||||
| As at 1 | As at 31 | ||||
| January | December | ||||
| 2025 | Income | Expenditure | 2025 | ||
| Unrestricted funds | |||||
| General: | |||||
| General unrestricted fund | 98,055 | 56,826 | (69,960) | 84,921 | |
| Restrictedfunds | |||||
| Extraordinary | Repairs Fund (ERF) | 238,807 | 38,808 | 277,615 | |
| Endowmentfunds | |||||
| permanent: | |||||
| PermanentEndowment | 155,909 | 10,076 | 165,985 | ||
| Total funds | 492,771 | 56,826 | (21,076) | 528,521 |
| As at 1 | As at 31 | |||
|---|---|---|---|---|
| January | December | |||
| 2024 | 2024 | |||
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund | 86,854 | 55/458 | (44,257) | 98,055 |
| Restrictedfunds | ||||
| Extraordinary Repairs Fund (ERF) | 221/401 | 17,406 | 238/807 | |
| Endowment funds | ||||
| Permanent: | ||||
| Pernnanent Endowtnent | 146,101 | 9,808 | 155,909 | |
| Total funds | 4541356 | 55,458 | (176043) | 492,771 |
| Page | |
|---|---|
| Trustees' Report | 1—5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| ComparativeStatement of Financial Activities | 8 |
| Statement of Financial Position | 9 |
| Notes to the Financial Statements | 10—17 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| Notes | |||||||
| INCOME AND ENDOWMENTS | FROM: | ||||||
| Donations and legacies | 3 | 1,248 | 1,248 | 1,616 | |||
| Charitable activities: | |||||||
| Almshousing | 48,582 | 48,582 | 45,541 | ||||
| Other trading activities | 4 | 267 | 267 | 1,539 | |||
| Investments | 5 | 6,729 | 6,729 | 6,762 | |||
| 56,826 | 56,826 | 55,458 | |||||
| EXPENDITURE ON: | |||||||
| Raising funds | 6 | (2,716) | (99) | (2,815) | (3,355) | ||
| Charitableactivities: | 6 | ||||||
| Almshousing | (70,340) | (70,340) | (44,734) | ||||
| (73,056) | (99) | (73,155) | (48,089) | ||||
| NET (EXPENDITURE)/INCOME BEFORE INVESTMENT (LOSSES)/GAINS |
(16,230) | (99) | (16,329) | 7,369 | |||
| Net gains on investments | 3,096 | 38,808 | 10,175 | 52,079 | 31,046 | ||
| NET (EXPENDITURE)/INCOME | (13,134) | 38,808 | 10,076 | 35,750 | 38,415 | ||
| NET MOVEMENT IN FUNDS |
(13,134) | 38,808 | 10,076 | 35,750 | 38,415 | ||
| RECONCILIATION OF FUNDS: | |||||||
| Total funds brought forward | 98,055 | 238,807 | 155,909 | 492,771 | 454,356 | ||
| TOTAL FUNDS CARRIED FORWARD | 17 | 84,921 | 277,615 | 165,985 | 528,521 | 492,771 |
| 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME AND ENDOWMENTS | FROM: | |||||||
| Donations and legacies | 3 | 1,616 | 1,616 | |||||
| Charitable activities: | ||||||||
| Almshousing | 45,541 | 45,541 | ||||||
| Other trading activities | 4 | 1,539 | 1,539 | |||||
| Investments | 5 | 6,762 | 6,762 | |||||
| 55,458 | ||||||||
| EXPENDITURE ON: |
||||||||
| Raising funds | 6 | (2,308) | (1,047) | (3,355) | ||||
| Charitable activities: | 6 | |||||||
| Almshousing | (44,734) | (44,734) | ||||||
| (47,042) | (1,047) | (48,089) | ||||||
| NET INCOME BEFORE INVESTMENT |
GAINS | 8,416 | (1,047) | 7,369 | ||||
| Net gains on investments | 2,785 | 17 ,406 | 10,855 | 31,046 | ||||
| NET INCOME | 11,201 | 17 ,406 | 9,808 | 38,415 | ||||
| NET MOVEMENT IN FUNDS |
11,201 | 17 ,406 | 9,808 | 38,415 | ||||
| RECONCILIATION OF FUNDS: | ||||||||
| Total funds brought forward | 86,854 | 221,401 | 454,356 | |||||
| TOTAL FUNDS CARRIED | FORWARD | 17 | 98,055 | 238,807 | 155,909 | 492,771 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | funds | funds | funds | |||
| Notes | |||||||
| FIXED ASSETS | |||||||
| TangibleAssets | 11 | 37,170 | 37,170 | 37,170 | |||
| Investments | 12 | 77,832 | 277,615 | 128,815 | 484,262 | ||
| 77,832 | 277,615 | 165,985 | 521, 432 | 487,546 | |||
| CURRENT ASSETS | |||||||
| Debtors | 13 | 4,812 | 4,812 | 2,624 | |||
| Cash at bank and in hand |
25,392 | 25,392 | 28,136 | ||||
| 30,204 | 30,204 | 30,760 | |||||
| Creditors: Amounts One Year |
FallingDue Within | 14 | (5,251) | (5,251) | (7,400) | ||
| NET CURRENT ASSETS (LIABILITIES) | 24,953 | 24,953 | 23,360 | ||||
| TOTALASSETS LESS LIABILITIES |
CURRENT | 102,785 | 277,615 | 165,985 | 546,385 | 510,906 | |
| Creditors: Amounts More Than One Year |
FallingDue After | 15 | (17,864) | (17,864) | (18,135) | ||
| NET ASSETS | 84,921 | 277,615 | 165,985 | 528,521 | 492,771 | ||
| FUNDS OF THE CHARITY | |||||||
| Endowment Funds: | |||||||
| Fair Value Reserve | 165,985 | 155,909 | |||||
| Restricted Funds: | |||||||
| Fair Value Reserve | 277,615 | 238,807 | |||||
| Unrestricted Funds: | |||||||
| Unrestricted Funds | 84,921 | 98,055 | |||||
| TOTAL FUNDS | 17 | 528,521 | 492,771 | ||||
| On behalf of the board |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| TOTAL INCOME | 56 826 | 56 826 | ||
| TOTAL EXPENDITURE | 73 155 | 73 155 | ||
| NET | ||||
| INCOME/ EXPENDITURE | 16 329 | 16 329 | ||
| OTHER GAINS/ LOSSES | 52 079 | 52 079 | ||
| NET MOVEMENT IN FUNDS | 35 750 | 35 750 |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| TOTAL INCOME | 55 458 | 55 458 | ||
| TOTAL EXPENDITURE | 48 089 | 48 089 | ||
| NET | ||||
| INCOME/ EXPENDITURE | 7 369 | 7 369 | ||
| OTHER GAINS/ LOSSES | 31 046 | 31 046 | ||
| NET MOVEMENT IN FUNDS | 38 415 | 38 415 | ||
| TOTAL FUNDS B/FWD | 454 356 | 454 356 | ||
| TOTAL FUNDS C/FWD | 492 771 | 492 771 |
| UA (PRE | CIO (PRE | |||
|---|---|---|---|---|
| MERGER | MERGER | CIO POST MERGER | COMBINED | |
| NET ASSETS | 492 771 | 492 771 | ||
| Re resented b | ||||
| UNRESTRICTED FUNDS | 98 055 | 98 055 | ||
| RESTRICTED FUNDS | 238 807 | 238 807 | ||
| ENDOWMENT FUNDS | 155 909 | 155 909 | ||
| TOTAL FUNDS | 492 771 | 492 771 |
| 2025 | 2024 | |||
|---|---|---|---|---|
| 3. | Income from Donations and Legacies | Unrestricted | Unrestricted | |
| funds | funds | |||
| Donations and gifts | 1,248 | 1,616 | ||
| 4. | Income from Other Trading Activities |
|||
| 2025 | 2024 | |||
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| Fundraisingevents | 267 | 1,539 | ||
| 2025 | 2024 | |||
| 5. | Investment Income |
Unrestricted | Unrestricted | |
| funds | funds | |||
| Bank interest receivable | 644 | 423 | ||
| Dividends from investments | 6,085 | 6,339 | ||
| 6,729 | 6,762 |
| 2025 | ||||
|---|---|---|---|---|
| Activities | Support | |||
| undertaken | costs | |||
| directly | (see note 7) | Total | ||
| Raising funds | 2,815 | 2,815 | ||
| Almshousing | 56,405 | 13,935 | 70,340 | |
| 59,220 | 13,935 | 73,155 | ||
| 2024 | ||||
| Activities | Support | |||
| undertaken | costs | |||
| directly | (see note 7) | Total | ||
| Raising funds | 3,355 | 3,355 | ||
| Almshousing | 28,478 | 16,256 | 44,734 | |
| 31,833 | 16,256 | 48,089 | ||
| 7. Support |
Costs | |||
| 2025 | ||||
| Almshousing | ||||
| Premises expenses | 10,520 | |||
| General administration | 1,406 | |||
| Governance | costs | 2,009 | ||
| 13,935 | ||||
| 2024 | ||||
| Almshousing | ||||
| Premises expenses | 9,708 | |||
| General administration | 1,816 | |||
| Governance costs | 4,732 | |||
| 16,256 |
| 2025 | 2024 | ||||||
|---|---|---|---|---|---|---|---|
| Independentexamination | of | the | financial | statements | 576 | 1,500 |
| 9. StaffCosts |
|---|
| Staff costs were as follows: |
| 2025 | 2024 | |||
|---|---|---|---|---|
| Wages | and | salaries | 17,427 | 16,686 |
| Avera | ge number of employees during the year was as follows: | |||
|---|---|---|---|---|
| 2025 | 2024 | |||
| Administration | 1 | 1 | ||
| 1 | 1 | |||
| 11. Tangible Assets |
||||
| Land & | ||||
| Property | ||||
| Freehold | ||||
| Cost | ||||
| As at | 1 January 2025 | 264,844 | ||
| As at | 31 December 2025 | |||
| Depreciation | ||||
| As at | 1 January 2025 | 227,674 | ||
| As at | 31 December 2025 | 227,674 | ||
| Net Book Value | ||||
| As at | 31 December 2025 | 37,170 | ||
| As at | 1 January 2025 | 37,170 |
| 12. Investments |
||||
|---|---|---|---|---|
| Cash& Cash | Listed | Total | ||
| Equivalents | ||||
| Cost or Valuation | ||||
| As at 1 January 2025 | 1,481 | 448,895 | 450,376 | |
| Additions | (2,494) | 14,932 | 12,438 | |
| Disposals | 3,686 | (30,057) | (26,371) | |
| Revaluations | 47,819 | 47,819 | ||
| As at 31 December 2025 | 2,673 | 481,589 | 484,262 | |
| Provision | ||||
| As at 1 January 2025 | ||||
| As at 31 December2025 | ||||
| Net Book Value | ||||
| As at 31 December 2025 | 2,673 | 481,589 | 484,262 | |
| As at 1 January 2025 | 1,481 | 448,895 | 450,376 | |
| 13. Debtors |
||||
| 2025 | 2024 | |||
| Due within one year | ||||
| Trade debtors | 1,656 | 1,656 | ||
| Other debtors | 3,156 | 968 | ||
| 4,812 | 2,624 | |||
| 14. Creditors: Amounts |
FallingDue Within One Year | |||
| 2025 | 2024 | |||
| Bank loans and overdrafts | 260 | 249 | ||
| Taxation and social security | 1,160 | 731 | ||
| Accruals and deferred income | 3,831 | 6,420 | ||
| 5,251 | 7,400 | |||
| 15. Creditors: Amounts |
Falling Due After More Than One Year | |||
| 2025 | 2024 | |||
| Bank loans | 17,864 | 18,135 |
| n analysis of th | e maturity of loans is given below: | ||||
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| Amounts falling | due within one year or on demand: | ||||
| Bank loans | 260 | 249 | |||
| 2025 | 2024 | ||||
| Amounts falling | due between one and five years: | ||||
| Bank loans | 17,864 | 18,135 | |||
| 7. Movement |
in Funds | ||||
| As at 1 | As at 31 | ||||
| January | December | ||||
| 2025 | Income | Expenditure | 2025 | ||
| Unrestricted funds | |||||
| General: | |||||
| General unrestricted fund | 98,055 | 56,826 | (69,960) | 84,921 | |
| Restrictedfunds | |||||
| Extraordinary | Repairs Fund (ERF) | 238,807 | 38,808 | 277,615 | |
| Endowmentfunds | |||||
| permanent: | |||||
| PermanentEndowment | 155,909 | 10,076 | 165,985 | ||
| Total funds | 492,771 | 56,826 | (21,076) | 528,521 |
| As at 1 | As at 31 | |||
|---|---|---|---|---|
| January | December | |||
| 2024 | 2024 | |||
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund | 86,854 | 55/458 | (44,257) | 98,055 |
| Restrictedfunds | ||||
| Extraordinary Repairs Fund (ERF) | 221/401 | 17,406 | 238/807 | |
| Endowment funds | ||||
| Permanent: | ||||
| Pernnanent Endowtnent | 146,101 | 9,808 | 155,909 | |
| Total funds | 4541356 | 55,458 | (176043) | 492,771 |