REGISTERED CHAIUTY NUMBE. 200224 REPORT OF THE TRiISTELS AND UNAUDITED FINANCIAL sfATEMEMS FOR THE YEAR ENDED JI DECEMBER 2•24 WINDLESHAM UNftED CHARTrtES W¢t¢one Matihcws Limiied Chartered Certlfied A¢¢ow)ts Mark¢i Hous¢ 21 Lcntaj Sireet Al GU34 IHG
WIIYDLESHAM UIYITED CHARITIES CornElrS OF THE FINANCIAL sfATEME]¥TS FOR THE YEAR ENDED 31 DECEMBER 2024 Report of the Tru51tt5 Ind¢p¢nd¢&t ExArnl•er's Report Stlemthi Df Finanelal Activities B8IAD¢e Sheet ote5 to the Flnacll StAleme#ts 6 12 De¢ikd St*¢ement of Financi81 A£livitks 13
WINDLESHAM UNITED CHARITIFS REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31 DECEMBER 2•24 The tnjslees present iheir report wilh the financial 5tat£nMis of tk ehariiy for the year ended 31 December 2024. Th¢ ITUStecs havt adopted the ptvvision5 of Accountin8 aThJ RetrfJrtin8 by Chanii¢s: Stai¢nnt of RecomTrded Practice applicable io ¢harilLCS preparin8 their accounis in accordae with the FitLwKial Reporting Standard applicable in ihe UK 8nd ReblIC of IrelarKI IFRS I02} l¢ffe¢iiv¢ l J•buary 2019)_ OBJECTIVES AND ACTIVITIES Objective$ •lms WJndlc5ham Uniied Chariii¢s was fornKd by # scheme of the chariti Comrnissioners in 1899. The objectives are the ¢f¢¢lion aTrJ maintainin¥D of (or the Fwr of ¢hc Parish o[WilIesaM FINANCIAL REVIEW Investmtnt policy and obj¢ctiY The tlltsle¢s have recobDnised thElI lack of experfi5c ID this regar and have d¢kgated lh¢ ¢ask of managin¥ fwkds to investment nmnagen1 sp¢¢ialists such as COIF. Reserves poliry E3¢h year the ¢rustecs n]ed io ayee kvel of rentsl ntcesw lo cover ihe anticipated expendilwe. The ¢hanW5 re5crYes are sei ai a level Considered suffrcieni to thc cost of ongoing repairs alld maintenance of the using StrKk. iwllldmg major foresttable repairs swh as the replacefftynt of the roofs. FlnaD¢l41 Rev5ew for ihe Year W M Graham rarried out the quirqu¢nt)ial iwK¢iiort Augu and all the rqMir5 highlighia have been cattied out. STRUCTURE GOVERNANCE AND MANAGEME GoYerJhing do¢uM¢Jt The charity is controlled by ils 8overning a deed of trust 3ThJ ronslitule5 an 1rorpOrated charity. Recruitrnent and &ppoiTrtmeo¢ of new irusttes The responsibiliiy for ihe rrftuittn¢nt of trustees rests 14ith the wiJ1e5harn lsh Council. The conslitulion of the charity decrees that there be 6 IrU51 onc of wh(Mn is the reckni. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 200224 Prlncipal address 4 James ButkT Almlw)usc5 Meade Coutl Bagshot Surrey GU19 5NH Truste¢s J Wirtierton Mrs D Winiert¢)n Rev J Hilln)a Mr5 R Hutchinson {decetsed 16,312025) Mrs V While J Miiehell Pge I
WIIYDLESHAM UNITED CHARITIES REPORT OF THE TRUSTEES FOR THE YEAR EP4DED 31 DECEMBER 2024 REFEREIYCE AND ADMIiYISTRAIIVE DEfAIIS Independeni Exam(ner Wettone Matthews Limited Chartered Certified A¢¢ouniants Mark¢t Flous¢ 21 Lenien Sii¢ci Alion GU34 IHG STATEMEIYT OF THE RESPONSIBILITIES OFTHE TRusfEES The TTU5tees are responsible undw S¢rlion 41 of Part IV of th¢ Charities Act 2011. forertsuring ihai a¢¢0¢18 records kepi thich are suificieni io Ind explain all th tra¢10S ofthe charity. aA that d10$¢ Ji any time with reasonablc accuracy lh¢ finaNcial position ai ih iinK. Th¢ TNsie¢s aT¢ a150 respo[ible for ptIng firtan¢ial statements for ea¢h financial year. comply with su¢h requiremenls as to iheir fomi at coni¢nt as prescribed by regulaiM)ns made by the SreIary of Siaie. ¥SNEV¥ECIIRELY 28/1012025 Approved by order of the board of trus¢ees on ... .... .. aJMI sIgd on its behalf by.. sthtrsety 2•Mty202$4t4*..)5PIIUT¢ J Winterton- Trnsttt P48e 2
INDEPEIYDEYI T EXAhlliNER'S REPORTTO THE TRUSTEFS OF WIIYDLLSIIAM UNITED CHARITIES Independenl e%aminer'$ report to th¢ ilute5 Of WiJMlleskn UAited Charities I report 10 Iht charity trSlee5 on my examinaiion of the accou ol W1¢$haM Uni¢¢d Chaiilies Ithe Trust) for the year ended 31 D¢¢ember 2024. Re$Tr51b1]I1It$ basis •f report A5 thc charity irusicc$ of the TTUSt you are responsibk for ihc prcparnion of the ¥coums irt accordaT¢ Wlth thc requirements ofihe Chariiies Aei 2011 {'the A¢t). I i¢port Jn re4¢1 of my ex4Lmination of ihe Trnsfs counlS caed oui wthr Scciion 145 of the Aei and in ratrying out my examination I have follow¢d all appli¢abk Dirertion5 8¥i'en by the Charity Commissiott under Section 145I5Mbl of the Aci. lThdependent exirniner's stl¢DK•i I have compleied my ¢xan)iiiaiion. I wnfirm thal no material Ma have come my att¢Mion in connection with ihe exanlination giving me rau5E lo believe thai in any Dyi¢rial wi= a¢roullting rordS were not kew in r¢sped of the Tn*t as Tequired by Section 130 of th¢ A¢t,' or the arcounts do not accord with those rttord& or the accounis do not comply with th¢ applicable requiremems concerning the forni and ¢ontertt of accounts set oui in the Chariiies {A¢¢otthts and Reports) Re8ulai1or 2(M)8 0 Ihan any requirem2ni ihal lh¢ accoun15 ve a ttv¢ and fair view which Is a mattercofysid¢ffd as part of an IPeI examination. I have no eoncern$ and have ¢om¢ a¢ross no other motter5 in conDecli¢Jn with the examination io litention should bc drdwn in thi5 rell iii order to enable a under5thTh1in8of the acw4)LS 10 b¢ r¢ach¢d. W Crou¢her Weltone Matihews Limii¢d Chartercd Ceriified AccouNiant5 Market House 21 L¢nt¢n Sir¢ei Alton GU34 IHG Dare.. 8 OcTo66i aol5 Pa5
WINDLESHAM UNITED CHARMFS STATEMENT OF FINANCIAL AcfJviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Totxl f¥Mds 2023 Toial Ji¢*d5 Unrestrithed Rc5rricred fuThJ Noles INCOME AND ETr4'DOWMEKfs FROM Donali0Th5 and legacies 913 Inveslmeni in¢ome 54J69 54J69 51.004 Tot 54J69 S4J69 51.917 F,xpLf4DITURE or4 Charitable aclivltles Esiaie costs ReIT5 and maintenanc¢ Other expendiiure Mana8ement ajjd admini5tralion 10.796 13J59 5.248 15Jlg 10.796 13.359 5,248 IS819 13.509 5.248 15. 769 Tolll 4&222 4S222 51.407 N¢1 gains on investments &477 7J86 653 INCOME 14,624 1&533 7.163 RECONCILIATION OF FuDs Total funds broughi fonward 45.447 25&292 301.739 294.570 TOTAL FUNDS CARRIED FORWARD 47J56 270.916 318372 301. 739 The JK>ies forni part of Ih¢s¢ fin1•1 5tatemenLS
WINDLESHAM UNITED CHARMLS BALANCE SHEET 31 DECEMBER 2•24 2024 Total nds 2023 To¢iil fii•ds Unresiri¢¢trJ fuTr15 Rc5vicied fw Noles FIXED ASSETS Tangibl¢ assets Inve51menis lJ7,764 137.764 47J56 143.Q12 45.447 47J56 47J56 137.764 185.120 1&S.459 CURRE ASSETS Debiors Investmenis Cash at bank 3JO 74.506 60.44• 3JO 74,506 00,440 297 67.028 50.203 135.276 135,276 lj7.J28 CREDITORS Amounts fallin8 due within on¢ year (2.124) (2.124) (4.248) NET CURRENT AssKrs 133.152 133.152 113.250 TOTAL ASSETS Ls CURREKf LIABILITIES 7J56 270.916 318272 301,739 NET A&SETS 47J56 270,16 318272 301. 739 FUNDS Unr¢skn¢i¢d fimts Restricted fvnds 47J56 270,916 45,447 256,292 TOTAL FUNDS 318372 301.739 Thc financial 5taiements w¢re approve4J by ihe Board of TnLses aThJ authorised for iss SWJMÉOSECURÉLY 281 l0t2025. ............. and w¢rE $iwKd on ils behaifby: on IWiwa•35*I..04..35 PUVTC J Winierton- Trustee The nthes forn) part of IlKse finaTKial stal¢t5 Page 5
WINDLESHAM UNITED CHARITALS NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR Ef4DED 31 DECEMBER 2024 ACCOUNTING POLICILS Basis of prtparlxg ¢kt flthel lleMentS The finaKial stat¢men15 of the charity. thich is a public benefii emily under FRS 102. have been prepared in •c¢ordance with the a)aniie5 SORP IFRS 1021 'A¢¢ounting and Reporting by Chariiie5.' Staiemeni of R¢commL1 Practice applicable to ¢hatili¢s prrpanng I]r xcounis in accordance wilh th¢ Financial Reporting Siandard appli¢abl¢ In th¢ UK aThl R¢thI1( of Ireland {FRS 102) leffeelive l January 2019),. Flnancial Reporting Sta]Mlard 102 Tr FiTLancial RcFK>rtin8 Stsndard applicable in the UK and Reythlbc of Irelartd. and the Cknritics Aci 2011. The financial statements have been prepared under the hLStorical cost onvenlion. wilh the cxccption of invest1$ whh are in¢luthd * markd valuq as nKmllfd by Ihe valUation of certain asseis. ID¢omt All income J5 rQrNid in the Sta111 of FirnCIal Aciivities onc¢ the ¢harily has entiilcrn¢nt lo ihe funds, it probable ¥hal the incorne 11 be rec¢iv¢d aThl the anTh)uni ¢•n be rclmbly. Expenditure Liabilities are recogniscil as eXK1]lure as soon as there is a ie¥al or mtu¢iiv¢ obligaiiort ¢DlIUlllttin Ihc charity ¢0 ihai expendiftire. it probable Ihal a transfer of econom benefits will be required in %rtlernenl and the amount of the obligalion can be measLed reltably. ExwKliftwe ts trtounted for on an aCCTuals b&sis and has been classified under headin85 that a88regaie all ¢ost r¢lated 10 the Category. Where costs Cann be dire¢ily alltilyjled kn particular tadings have been allo¢al its livititt on a b&sis consisi¢nl with ihe us¢ of r¢50urces. TADgible fixtd ameis Depr¢¢io1iM 15 PTOVId ai ¢hc following aDoual LeS in iriie assei over its e5timaled useful ljfe. Frechold prop 2V• on co Housing properties are stated ai ¢OSL No revalU10n h&$ tsken place. No depreciation is provided OD the freelK¥ld land. Tx*tio The chanty L5 exempt from lax its ¢lJaritable a¢livilie5. Fund atcountlng UDresiricLed fund5 b¢ used in accordance 1h Ihe elwitabl¢ obJeffliv¢s at ihe dis¢retion of ihe ITUStee5. Restricted funds can only be used for parti¢ularffstri¢ted wposes within the objects of ihe chariry. Rwri¢iions arise when specified by doTh)r or when fuThJs rai5¢d foT PartKular restricted twoses. Further explanation of nawre aThJ pulp ofeach fiJrKI 15 included in the teS to ihe finaneial statenrnts. lttvestments Inve51rnents are Smled at markei value ai the bala sheei date. The Slaiemii of Fina181 AclLVltics in¢lud¢s thc nel gain5 and losses arising on ffvaluaiion ond dssposa15 Ihrougknui the year Pa8¢ 6 conlinucd...
WINDLESHAM UNfTED CHARITIFS NOTES TO THE FINANCIAL STATEMETrfTS- tontinvd FOR THE YEAR ENDED JI DECEMBER 2024 INVESTMENT IP•COME 21124 2n23 R¢nl$ r¢triv¢d Oiher flxed ass inv- UnFII D¢p)si¢ account interest 53,533 270 566 50.576 219 20Q S4J69 51.004 TRVSTEES. REMUNERATION AND BENEvrKs Th¢r¢ wcre no t5[¢¢5, rernuneral or other berts for the year ended 31 December 2024 nor for the year ended JI December 2023. Trus¢¢¢s' ejpemes There were no 1Tht$, expenses paid for thc yrar eThJed 31 December 2024 nor for the Jrar eThJed 31 December 2023. During the year. £36412023." £3641 was paMI in res of ttwte¢ indenlty inwraTKe. COMPARATIVLS FOR THE STATEMENT OF FINANCIAL AcnvmLS urencle R¢stri¢ted ftd To¢al funds INCOME AND ENDOWMENTS FROM Dotwtions and legacies 913 913 Inve5tmeni income 51.(K 51.004 T(tal 51.917 51.917 EXPENDITURE ON Ch4rliablt aetivities Estate costs Repairs and mainnan¢¢ Oiher expcndilure ManagertnI and adminLslrdlMyn 13,509 16.881 5.248 15.769 13,509 16.881 5.248 15.769 Tol81 51.407 51.407 Nei 8ains on investmcnts 2.557 4.096 6.653 .YETIP*COME 2J57 4.606 7,163 RECONCILIATIOJY OF FUNDS Total funds brou1 I04rd 42.890 251.686 294.576 TOTAL FU,YtS CARRIED FORWARD 45.447 256.292 301.739 Pa8e 7 coniinucd...
WINDLESHAM UNITED CHARfTIES NOTES TO THE FINANCIAL sfATEMENTS- t11ned FOR THE YEAR ENDED 31 DECEMBER2024 TANGIBLE FIXED ASSETS Fr¢¢hold pmperty cosr Al l January 2024 and 31 Decembcr 2024 262.341 DEPRECIATION Ai l January 2024 Charge lor year 119.329 5,248 At 31 Decembet 2024 124,577 NET BOOK VALUE At 31 Ikcemb¢r 2024 137.7fA At 31 December 2023 143.012 Windle5ham United Charities was fomKd in 1899 by a S¢ of Chanty Cortvnissiorter4 iaier vatied, and cons15 of one almsbouse ¢haTity and Smaller charitie5. all established in the l(ulity of Windleshim. Surrey. James Blliler Alwh(w5 were originally con51nled in 1761. Th¢y wer¢ rebuilt and enlaTged irl 1930. and fw1her modemisaiion was carried oui in 1954 and 1974. The cost In these acrowJl5 bncludes work done in 1974 which was furKled by a knusing grant. a local ahoty loan. at)d from ihe charitls resources. Addiiioml refil$hMenl in 1998 1£40.532). 1999 1£9,334k 2014 {£25.0281. 2015 (£l3.4351 and 2020 1£42.1091 is also included. No value is atlribuled to the ¢oy 0(nd orthe origi1MI wsi ofihE I¥IdIng. FIXED Assrf INVESTMENTS Unlisted hnvesimenis MARKET VALUE Ai l January 2024 Disposals RevAluations 45.447 11.200) 3.109 Ai 31 De¢ember 2024 47J56 NET BOOK VALUE Ai 31 Detetnb¢r 2024 47J56 Ai 31 Deccmbcr 2023 45.447 Thei¢ were inirsiment assets ouisth the UK. Pa8¢ 8 conlinuc(L..
WINDLESHAM UNITED CHARITIES r40TES TO THE FINANCIAL STATEMENTS- coJJtinMtd FOR THE YEAR ENDED 31 DECEMBER 2•24 FIXED ASSET INvE¥fMENTS- ¢•Atin•ed Cosl or valualiort at 31 Ik¢Tthr 2024 is repre5enied by.. Unlisted iThve$tments Valuation in 2024 Cosi 4S,447 47J56 The inv¢sthKnts cornpnse of the followin 2024 2023 COIF Inconx 51wes NAACIF Income 5harc5 NAACIF Accumulaimjll shares 4.445 5. 133 35.809 38,746 Toiol Market Value 47J56 45.447 DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2024 2Q23 Pt¢paymrrJts 330 297 CVRRENT ASSET INVESTMENTS 2024 2023 Unlisted investments 74, 67.lJ28 The itKome fu of th¢ ¢h"tY reStred fund5 conwrisinE the following wjexpended balartces of fillKI$ hcld on trusts to bt applied for specific pul[. 2024 2n23 CyclÈcal Tepairs Exiraordinary repahrs 33.78• 40,726 36,689 30.339 Toial 74J06 07,028 P•8e9 ¢ontinu¢d...
WIIYDLESHAM UNITED CHAIUTILS NOTES TO THE FINANCIAL STATEMErfrs- tUed FOR THE YEAR EIYDED 31 DECEMBER 2•24 CREDITORS: AMOUNTS FALLINC DUE wrrHIN ONE YEAR 2024 2Q23 hcr ¢r¢ditoYs 2.124 4,248 io. MOVEMENT IN Fuf4DS At J IKII24 Ai 111124 in Unrestrlcted fllllds Endowment fund 4S447 I,•oy 47J56 Restri¢t¢d fuids Restncl¢d fund 254292 14ffiZ4 27fj916 TOTAL FUNDS 3111.739 16333 31&272 Nel Nw)vemenl in funds. Incled in th¢ abo are •$ follow3". IrmIng Gaius 3nd 1055e5 M0veTrl in funds expeThkd UDresirl¢itd (llrtd5 Endowtna)I fw A.909 Restrlcted f¥nds Resiricied fund (4S222) &477 1<624 TOTAL FUNDS 54J69 (45.222} 7J86 11533 CompirAtlYts for rnovernemt in
4el rkKivemenl in funds Ai IllQ3 J1112123 Urtrestrirted fuDd5 Endowment fiuMI 42,890 2,557 45.447 Reslricted funds Resiricied fund 251.686 256292 TOTAL FU.YDS 294.576 7.163 301.739 Pa 10 co]Aiiiu¢d...
WINDLESHAM UNITED CHARITIES NOTES TO THE FINANCIAL SfATEMENTS- C•ntIMed FOR THE YEAR EIYDED JI DECEIBER 2024 10. MOVEfvIENT IN FUNDS- toMliNued Comparative net tTh)vement in fimds, m ihe above zre as folk>ws'. IrKoming Resoultts exprnd¢d Gains and losses Movemtnt In fwids UrtrIcted fund5 nd0wT[nr fDJbJ 2.557 2,557 R¢$trl¢ted futhds Restn¢i¢d fid 51.917 {51.407) 4.096 TOTAL FUNDS 51.917 151.407) 6.653 7,163 A ¢wtenl yrdr 12 nwnihs and pnor ytsr 12 combirnl trf*siiion is as follo5.. Net movejneni In fuThJs At 31112124 Al Illn3 Unresirltied funds EtKlowmcnt fund 42.89) 47,356 Re5trlcted furtds Resfft¢ted fvnd 251.686 19230 270.916 TOTAL FUNDS 294.576 23.696 318.272 A cutt¢nl year 12 monihs aNI prior year 12 n¥)n$ combined nei itt fuTwJ& inclJed in abov¢ ate as follow5.. Incomin resourrcs Gains and 1055es Movement in fur¥Js £Xnded UrQrIcted funds Endowment fvnd 4,466 4.466 Rutrlettd funds Resiri¢i¢d fvtml 106,286 (96.6291 9.573 19,230 TOTAL FUYI DS 106286 196.629} 14.039 23,696 n11n...
WINDLESHAM UNITED CHARITIES NOTES TO THE FINANCIAL ATEmE[s- tMtiDued FOR THE YEAR ENDED JI DECEI¥IBER 2024 RELATED PARTY DISCLOSURES There wtt¢ no related party tra)15aCtion5 for the ycaT cjmied 3 l De¢¢nkn 2024. Pa8e 12
WINDLESHAM UNITED CHARITIES DETAILED SfATEMEYI T OF FINAJYCIAL ACr1v&S FOR THE YEAR ENDED 31 DECEIBER 2•24 2024 202J INCOME AND ENDOWMEIYTS DonHtion$ awl legacles Donation5 Granis 413 500 913 IvestMen1 incorne Renrs rttwv¢d OihcT fixed assrt inv- UnFII Dew)$11 accourtl inte1 53333 27f 566 50.576 219 2(19 54J69 51.004 Tot#l inc(&ming resourcey $4J69 51.9J7 ExPED1TuRE Charltble ACtlvitie5 Sundries Estate costs Repairs and mainienan¢e Tn]siees' Jnsurarfe Freehold propcrty iJ26 10.796 13J59 364 5248 J.095 15.509 10.881 364 5,248 311193 37,n97 Support tost$ Ckrk's Vdges a1 expenses 11761 12.102 Gow¢rttAn¢¢ ¢Mts AccounlatKy and Ic8al fees lJ68 2.148 Tor31 T¢sour¢¢s expcn&d 45.222 51.407 Ntt incvme before gains and losses 9.147 510 Reallsed retognlsed gain$ •md losses Unrtaliscd gains losses on inve51mcnts Realisd gainsllosses 8.586 (1.21101 Lf.653 l%tt income IA5JJ 7.163 This page doe5 wi forn) pan of th¢ *alOry financ] stal¢TrIS Pa8¢ 13