REGISTERED CHARITY NUMBER: 200212
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FOR
THAMES DITTON ALMSHOUSE CHARITY
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
THAMES DITTON ALMSHOUSE CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 10
Detailed Statement of Financial Activities 11
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THAMES DITTON ALMSHOUSE CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended30June2025. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Charity's main objective is to provide and maintain dwellings for older and deserving people.
Public benefit
TheTrusteeshavehaddueregardtotheCharityCommission'sguidanceonpublicbenefitwhensettingthe charities
objectives.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Thisyear,thankfully,therehavebeennochangesinresidentsandnomajorissueswhichhavetakenupour attention.
Havingsaidthatweallknowthatinanyorganisationcateringforvunerablepeopletherewillbeongoingproblems and
issues. But overall we are now making progress on outstanding items and maintenance issues.
Maintenance
2024/25hasseencontinuedmaintenanceandupgradingoftheunits.Thishasincludednewdoorstoeachflatand new
frontandbackdoortothecommunalareaatWestonPark.AnadditionalshedhasbeenprovidedinWeston Park,
primarilyforuseofthetworesidentsinthefirstfloorflats.Everyresidentnowhasaplacetostoregarden furniture,
surplusitems,etc.Thishasincludednewkeys.Helenhasorgainsedkeysafessothattradesmencanhaveaccess to
individualflatsonlywhenneededandtheemergencyservicescanusethekeysafesifnecessarytogainaccessto a
particular flat without a trustee or Helen being present.
Oneofthebeneficiary'scatdiedduringtheyearandrefurbishmentofNo.65(followingdamagedonebyaburstpipe in
December 2023) will now take place.
Residents
Thehealthofseveraloftheresidentshasdeteriorated;onebeneficiary,despiteaverypoorprognosis,has responded
well to treatment and is now able to live an active life.
Thedisputebetweentwoneighbouringbeneficiarieswenttomediation,withEdwinGlasgow'sinvaluable assistance.
Apartfromminorhiccupstheintensityofthedisputehasdieddown.However,therehasbeenongoing animosity
between two other beneficiaries due to complaints about noise.
There have been no changes in residents.
Website
Duringtheyear,thankstotheeffortsofourTreasurer,DougTwining,thecharitynowhasawebsiteandthose trustees
who wish to, have TDAC email addresses.
Property Manager : Helen Brosnan
Helenhasbeendoingafantasticjobthisyearsortingoutmaintenanceissues,organisingthenecessary tradesmen,
communicatingwithresidents,etc.Hercontributionhasbeenwellabovewhatwasoriginallyexpectedandasa result
there are numerous small issues (guttering, security lights not working, leaks, etc) which now get prompt attention.
Other Matters
Mythanksalsotoallthetrusteesfortheirhelpduringtheyear.Inparticular,ImustthankEdwinGlasgowforhis help
with various issues that have arisen and particularly with the wording of difficult messages to residents!
FINANCIAL REVIEW
Financial position
At the year end the charity held £424,569 in reserves (2024 : £433,556).
Reserves policy
The trustees aim to hold at least £50,000 in reserves.
Page 1
THAMES DITTON ALMSHOUSE CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
FINANCIAL REVIEW
Going concern
The Trustees currently have no concerns regarding the future of the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
200212
Principal address
61 Bridge Street
Kington
HR5 3DJ
Trustees
G Keeling
Mrs C James
Mrs J Randolph
D S Twining
S Kapadia
E Glasgow CBE, K.C.
Independent Examiner
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
Approved by order of the board of trustees on 27 April 2026 and signed on its behalf by:
Mrs J Randolph - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THAMES DITTON ALMSHOUSE CHARITY
Independent examiner's report to the trustees of Thames Ditton Almshouse Charity
IreporttothecharitytrusteesonmyexaminationoftheaccountsofThamesDittonAlmshouseCharity(theTrust) for
the year ended 30 June 2025.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsinaccordancewith the
requirements of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActandincarrying out
myexaminationIhavefollowedallapplicableDirectionsgivenbytheCharityCommissionunderSection145(5)(b)of the
Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith the
examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Claire Ralph
Carleys
Second Floor South
The Fitted Rigging House
The Historic Dockyard
Chatham
Kent
ME4 4TZ
28 April 2026
Page 3
THAMES DITTON ALMSHOUSE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Rental of almshouses
52,889
Investment income
2
8,259
Other income
4,212
Total
65,360
EXPENDITURE ON
Raising funds
-
Charitable activities
Rental of almshouses
74,347
Total
74,347
NET INCOME/(EXPENDITURE)
(8,987)
RECONCILIATION OF FUNDS
Total funds brought forward
433,556
TOTAL FUNDS CARRIED FORWARD
424,569 |
2024
Total
funds
£
47,128
8,079
65,375 |
|
120,582 |
|
266
79,750 |
|
80,016 |
|
40,566
392,990 |
|
433,556 |
The notes form part of these financial statements
Page 4
THAMES DITTON ALMSHOUSE CHARITY
BALANCE SHEET 30 JUNE 2025
2025
Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
5
137,169
Investments
6
165,659
302,828
CURRENT ASSETS
Debtors
7
7,835
Cash at bank
116,919
124,754
CREDITORS
Amounts falling due within one year
8
(3,013)
NET CURRENT ASSETS
121,741
TOTAL ASSETS LESS CURRENT LIABILITIES
424,569
NET ASSETS
424,569
FUNDS
9
Unrestricted funds
424,569
TOTAL FUNDS
424,569 |
2024
Total
funds
£
137,169
161,447
298,616
7,079
130,685
137,764
(2,824)
134,940
433,556
433,556
433,556
433,556 |
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon27April2026and were
signed on its behalf by:
J Randolph - Trustee
The notes form part of these financial statements
Page 5
THAMES DITTON ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
Act2011.Thefinancialstatementshavebeenpreparedunderthehistoricalcostconvention,withthe exception
of investments which are included at market value, as modified by the revaluation of certain assets.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
Freehold property- not provided
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
|
2025 |
2024 |
|
£ |
£ |
Dividend income |
7,019 |
6,935 |
Deposit account interest |
1,240 |
1,144 |
|
8,259 |
8,079 |
continued...
Page 6
THAMES DITTON ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2025
3. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationsorotherbenefitsfortheyearended30June2025northeyearended 30
June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
5.
|
Unrestricted |
|
funds |
|
£ |
INCOME AND ENDOWMENTS FROM |
|
Charitable activities |
|
Rental of almshouses |
47,128 |
Investment income |
8,079 |
Other income |
65,375 |
Total |
120,582 |
EXPENDITURE ON |
|
Raising funds |
266 |
Charitable activities |
|
Rental of almshouses |
79,750 |
Total |
80,016 |
NET INCOME |
40,566 |
RECONCILIATION OF FUNDS |
|
Total funds brought forward |
392,990 |
TOTAL FUNDS CARRIED FORWARD |
433,556 |
TANGIBLE FIXED ASSETS |
|
|
Freehold |
|
property |
|
£ |
COST |
|
At 1 July 2024 and 30 June 2025 |
137,169 |
NET BOOK VALUE |
|
At 30 June 2025 |
137,169 |
At 30 June 2024 |
137,169 |
continued...
Page 7
THAMES DITTON ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
6. FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 July 2024
Revaluations
At 30 June 2025
NET BOOK VALUE
At 30 June 2025
At 30 June 2024
There were no investment assets outside the UK.
Cost or valuation at 30 June 2025 is represented by:
Valuation in 2025
Cost
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors |
Unlisted
investments
£
161,447
4,212
165,659
165,659
161,447
Unlisted
investments
£
4,212
161,447
165,659
2025
2024
£
£
2,839
751
1,400
2,861
3,596
3,467
7,835
7,079
2025
2024
£
£
1,303
1,804
1,710
1,020
3,013
2,824 |
|
|
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
8.
continued...
Page 8
THAMES DITTON ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
9. MOVEMENT IN FUNDS
At 1.7.24
£
Unrestricted funds
General fund
315,572
Almshouse Fund
91,603
Cyclical Maintanence Fund
9,208
Extraordinary Repair Fund
17,173
433,556
TOTAL FUNDS
433,556
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
65,360
TOTAL FUNDS
65,360
Comparatives for movement in funds
At 1.7.23
£
Unrestricted funds
General fund
275,006
Almshouse Fund
91,603
Cyclical Maintanence Fund
9,208
Extraordinary Repair Fund
17,173
392,990
TOTAL FUNDS
392,990
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
120,582
TOTAL FUNDS
120,582 |
Net
movement
At
in funds
30.6.25
£
£
(8,987)
306,585
-
91,603
-
9,208
-
17,173
(8,987)
424,569
(8,987)
424,569
Resources
Movement
expended
in funds
£
£
(74,347)
(8,987)
(74,347)
(8,987)
Net
movement
At
in funds
30.6.24
£
£
40,566
315,572
-
91,603
-
9,208
-
17,173
40,566
433,556
40,566
433,556
Resources
Movement
expended
in funds
£
£
(80,016)
40,566
(80,016)
40,566 |
|
|
continued...
Page 9
THAMES DITTON ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Almshouse Fund
Cyclical Maintanence Fund
Extraordinary Repair Fund
TOTAL FUNDS |
At 1.7.23
£
275,006
91,603
9,208
17,173
392,990
392,990 |
Net
movement
in funds
£
31,579
-
-
-
31,579
31,579 |
At
30.6.25
£
306,585
91,603
9,208
17,173 |
|
|
|
424,569 |
|
|
|
424,569 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
185,942 |
(154,363) |
31,579 |
TOTAL FUNDS |
185,942 |
(154,363) |
31,579 |
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
Page 10
THAMES DITTON ALMSHOUSE CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
|
2025 |
2024 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Investment income |
|
|
Dividend income |
7,019 |
6,935 |
Deposit account interest |
1,240 |
1,144 |
|
8,259 |
8,079 |
Charitable activities |
|
|
Rent receivable |
52,889 |
47,128 |
Other income |
|
|
Unrealised gains on fixed asset investments |
4,212 |
9,880 |
Insurance claim |
- |
55,495 |
|
4,212 |
65,375 |
Total incoming resources |
65,360 |
120,582 |
EXPENDITURE |
|
|
Other trading activities |
|
|
Bad debts |
- |
266 |
Charitable activities |
|
|
Water rates |
5,068 |
4,323 |
Insurance |
3,264 |
3,366 |
Lighting |
1,104 |
839 |
Telephone |
215 |
- |
Gardening |
2,374 |
2,600 |
Repairs and maintenance |
54,010 |
56,030 |
Disturbance payment to beneficiaries |
- |
7,205 |
Computer costs |
390 |
390 |
Storage costs |
- |
1,934 |
Management costs |
3,190 |
670 |
Professional fees |
1,218 |
- |
|
70,833 |
77,357 |
Support costs |
|
|
Other |
|
|
Subscriptions |
413 |
437 |
Sundry expenses |
711 |
846 |
|
1,124 |
1,283 |
Governance costs |
|
|
Accountancy and legal fees |
2,390 |
1,110 |
Total resources expended |
74,347 |
80,016 |
Net (expenditure)/income |
(8,987) |
40,566 |
This page does not form part of the statutory financial statements
Page 11