REGN￿ERED CHARITY NUMBER: 2(10224
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
WINDLESHAM UNITED CHARrriLS
Wetione Manhews Limited
Chartered Certified Accountants
Markei Hous¢
21 Lenten Street
Alton
GU34 1 HG

WINDLESHAM UNfTED CHARITIFS
CONTENTS OF THE FINANCIAL STATLMEliTS
FOR THE YEAR Eh'DED 31 DECEMBER2025
Page
Report of the Trust¢cs
Independent Ex¥mlner'$ R¢p(tyrt
Statement of Financial Activities
Balanee Sheet
Notes to tbe ThJbanei*l St•lements
6 kn 12
Detalled StalenMn¢ of fin4nci*l A¢livitles
13

WINDLESHAM UNITED CHARITILS
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER2025
The trustees preseni their re￿ll wilh the fina￿la1 sraiemenis of the charity for the yrar ended 31 Dec¢mb¢r 2025. The
Irusiees have adopted the provisioN8 of Accouniing and Reporting by Charities= Siaiemeni of Recommended Practice
applicable to charities prqMring their accounts in accordance with the Financial Reporting Sta]Mlard applicable in the
UK and Republic of Ireland {FRS 102) (effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objeellves attd #ims
Windlesham Uniied Charities was fornied by a scheme of ihe Chariiies Commissioners in 1899. The objectives are the
ereciion aThJ maintaining of homes for ihe poor of the Parish of Windlesham
FINANCIAL REVIEW
Investment policy objectives
The Inj￿e¢S have reco8nised Their lack of expertise in ihis ￿gard. a￿1 have delegaied the thsk of managing funds io
investment management specialists such as COIF.
Reserves polity
Ea¢h y¢or the trustees rne¢t to agree the l¢vel of rentsl r￿e$S￿ry to cover th¢ anticipated expenditure. The
chariry's reserves are S￿ at a level Co￿$1dered sufficieni 10 meet ihe cost of ongoing repairs and maintenance of the
housing stock, Incl￿11￿8 major foreseeable repairs sueh &8 the replacement of the roofs.
Finaneittl Review for the Year
A fir¢ safrty in$pe¢tion wa5 ¢arri¢d out on thE 13 May 2025 and an enf(¥￿¢M¢n1 notic¢ EN106125 Wd5 issued. After
receiving several quoies we insirucied Surrey Fire and Safery io fil a fire alarni in the communal areas at a cosi of
£11,292. Emergertcy lighting was fitted in numbei four and along the walkways.
We lost Roy Barney in January and Peggy O'Driscoll in May. The 2 vacani properties were filled by ihe end of August.
STRUCTURE, GOVERNANCE AYI D MANAGEMENT
Governln8 doeunhent
The charity is controlled by its governing d￿UMen¢ a deed oftnLSt and coThstitutes an uninco￿Oratcd charity.
Re¢rtslltnent #ppolntjnemt of tt¢w trn$ttts
The responsibility for the recwiim¢ni of tTUSW rests with the Windle5ham Parish Council. The ¢onstitution of the
charity decrtts ihai there must be 6 trusiees. one of whom is the rector.
REFERENCE ALYD ADMINISTRATIVE DEfAItS
Regl$t¢r¢d Ch*rlty n￿mber
200224
Principal Address
4 James Builer Almhouses
Meade Court
Bagshot
Surrey
GU19 5NH
Pa8¢ I

WINDLFSHAM UNI ITED CHAIUTIES
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2(125
Tru51ee5
J Winterton
Mrs D Winierton
Rev J Hillman (resigned 4111120251
Mrs R Hutchinson (deceased 1613120251
Mrs V While
J Mit¢h¢ll Ire5igned 818120251
B Pickihall lappoinied 201112026)
M5 J Madsen (appointed 11412026)
A Sievens lapwTrinted 201512025)
J Cordirtgley {appointed 201112026)
Indepemdent Ex*mlner
W¢ttoDe Matthews Limited
Chartered Certified Accountsnis
Market House
21 Lcnien Stre¢t
Alion
GU34 IHG
STATEMENT OF THE RESPONSIBILITIES OF THE TRusfEES
The Trustccs are responsible undcr Section 41 of Part IV of the Charities Act 2011, for ensurirtg that accounting records
are kepi which are sufficieni ro show and explain all the traA5aCtions of the clwity, and that disclose at any time with
reasonable accuracy financial position ai thai iinK.
The Trustees are also ￿sponsIble for preparing financial swements for each financial year, which conwly wilh such
requirements as io their forni and conteni as prescnbed by regulations made by ihe Secrethry of s￿e.
Approved by order of the t#)ard of wstees on............................................. and signed on its behalf by..
J Wimerfon. Tnwee
Pa8e 2

INDEPENDELYT EXAMINER'S REPORT TO THE TRUSTELS OF
WINDLESHAM UNITED CHARITIES
Independent examintr's report ¢0 ihe trustee5 of Windleslam U•il¢d Charttie5
I report to the charity trustees on my examination ol Ihe accounis of Windlesham United Charilies (Ihe Trust) for the
year ended 31 December 2025.
Re5ponsibililles ind b*515 of report
As the eharity trustees of the Tru￿ you are responsible for ihe preparation of ihe accounts in accordance with the
r¢quirements of the Charities Act 2011 Act.).
I report in respECt of tny examination of tlK Trust's accounts carried out under Section 145 of the Act and in carying out
my examinalion I have followed all applicabl¢ Direciions given by the Charity Comnllssion under Section 145{5)(b) of
the Act.
Independent examlner's st*ten*nt
I have wmpleted my examination. I wnfinn that rmj rnaierial matters have come ￿ my atteniion in corLnection with ihe
examination giving me cause io believe that in ary material respect:
a¢wunting records were not kept in respect of the Tru￿ &% Tequited by Sectiort 130 of the Aa. or
the accounis do noi accord with iiK)se records" or
the accounts do not cornply with the applicable requirements cO￿eming the fonn and conient of accounts set out
in the Charities (Accounis and Repons) Regulati(w 2008 oth¢r than any requiretnenl that the accounts give a
true and fair view which is not a mattet Co￿81dered &$ part of an independent examination.
I have no Concen￿ and have come across no other matters in connedion with the examination to which attention should
be drawn in this repo¥1 in order to enable a proper understhnding of the accounts to be reached.
W Croucher
Wettone Matthews Limited
Chartered Certified Accountsnts
Market House
21 Lerst¢n Street
Alion
GU34 IHG
Iq &¢ig
Pag¢ 3

WINDLESHAM UNITED CHARfTILS
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
Total
fuAds
2024
Trtal
funds
Unrestricied
Restricted
Nolcs
INCOME AND ENDOWMENTS FROM
Donations artd legacies
23J64
23564
Investment incoTh
51.916
51.916
54.569
Totil
75,480
75A80
54.369
EXPENDITURE ON
Charitable *etlvltSes
Estate costs
Grants and donations
Repairs and maintenance
(hher ¢xpenditure
managen￿nt and administration
7.419
23563
J2J53
7819
23,563
32J53
5,248
17.149
10.796
13,359
5.248
15.819
17,149
T•t*l
8*732
85,732
45,222
Nei gains on investments
601
18.489
7.380
NET INCOME
ooi
1th36
8,237
10.533
RECONCILIATION OF FUNDS
Total funds brought fonvard
47J56
270,916
31&272
301. 739
TiyfAL FUNDS CARRIED FORWARD
53,957
272J52
3W09
318,272
The Th)tes fom) part of these financial sthiements
Page 4

WINDLESHAM UNITED CHARITI&S
BALANCE SHEET
31 DECEMBER 2025
2025
Total
fu•d5
2(124
Y￿al
Unrestric*d
fvnds
Restricted
fund
Notes
FIXED ASSETS
Tangible asse
Invesimen
132316
132J16
53.957
137, 764
47.550
53,957
53.957
132316
186,473
185. 120
CURRENT ASSETS
Debior5
Invesiments
Cash at bank
438
78J94
63J28
438
78J94
63J28
330
74.506
00.440
142.160
142.160
135.276
CREDITORS
Amounts falling due within one yeaT
(2,124
{2,124)
f2, 124)
NET CURRENT ASSETS
140.iIJ6
1411,036
133.152
TOTAL ASSETS LESS CURRE
LIABILITIES
S3.957
272J52
326,509
318.272
NET ASSETS
53.957
272,552
326.509
318.272
FUNDS
unresiric￿d funds
Restricted fuTKIs
53,957
272552
47.356
270.916
TOTAL FUNDS
326J09
318,272
The flnancial stslements were approved by the Board of Tr￿$tecS and authorised for
issue
on
1.115 I tts
.. and were sig￿4 on its behalf by:
J Winierton- T￿￿¢¢
The noies forn) pan of these fina￿la1 sthtements
Page 5

WINDLESHAM UNITED CHARITIES
JYOTES TO THE FINANCIAL STATEMEJYTS
FOR THE YEAR ENDED JI DECEMBER 202$
ACCOUNTING POLICIES
B*sis of prep#rlng the fRnamcial statemtnts
The financial sta￿MentS of ihe charity, which is a public benefit entity uThkr FRS 102, have been prepared in
accordance with the Charitics SORP (FRS 102) 'Accouniin8 and Reporting by Charities.. Staiernent of
Recommended Practiee applicable to chan'ttes preparing their accounts in accordancc with the Financial
Reporting Siandard applicable in ihe UK and Republic of Ireland {FRS 102) (effeciive l January 20191,,
Financial Reporting Standard 102 Tr Financial Reporting Standard applicable in the UK and Republic of
Ireland, and ihe Charilics Act 2011. Thc finarKial mate￿￿￿[$ have been prepared under ihe historical c05t
convention, with the excepill￿ of investtnents which are Inc1￿￿ed ai market value, as nx)dified by the revaluation
of certain assets.
lll¢ome
All income is recognised in ihe Statenyni ofFinancial Activities once the charity ¢n¢itlemeni to the fund5. it
is probable that the I￿on￿ will be received aNJ the arnounl Can be nKasured reliably.
Expemditure
Liabilities are recognised as expenditure as soon a5 there is a legal or eon5truciive obligation comtnitting the
Charity to that exp¢ThJitUTe. li is probable that a transfer of economic benefits will be ￿quired in settlement and
the amount of ihe obligation can be tnea5ured reliably. Exw)diture is accounted for on an acc￿￿lS basis and has
been cla&sified under headings that aggr¢gaie all cost rel￿ed to the category. Where eosts canThJi be directly
altribuled io particular headin85 they have IKen allocai¢d io aciivilie5 on a basis consistenl with the use of
r¢sour¢es.
Grants offered subj¢d io condilioThs which have been ai the year end date are noEed as a commiimeni l)ut
noi accrued a5 exp¢ndiiure.
T&￿gible fixed assets
Depreciaiiort is provided at the following annual rntts in order to Wriie off each asset over its esrimatcd use￿1
Freehold property
2% on cost
Hou5in8 properties are stsred at ¢05t. No revaluaiion has taken place.
No depreeiation is provided on the free1￿Id land.
T*xatloA
The charity 15 exempt from tsx on its charitable aciiviiies.
Fund aetountlng
Unreslricied funds can be used in accordance wilh thE charitable objeciives ai ihe discreiion of the irusiees.
Resirict¢d fuThJs can only be ￿ed for particular restricied purposes within the objects of the charity. Resitictions
arise when specified by ihe dotM)r or wkn taised foi particular restricted purposes.
Further explanaiion of ihe nature and purpose of each fund is included in the notes to the flnancial sthiements.
Investments
Investn￿nIS are stated at market value al the balance sheei date. Th¢ Swement of Financial Aetlvllics irKludes
Ihe net gal￿ and losses arising r¢v4luaiion and disposals throughout the year.
Page 6
continued...

WINDLESHAM UNfTED CHARITILS
NOTES TO THE FINANCIAL STATEMENTS- tontln*ed
FOR THE YEAR ENDED JI DECEMBER 2025
INVESTMENT INCOME
2025
2024
R¢nt5 received
Other fixed asset inv- UnFII
Deposir aceouni int¢rest
51,016
313
587
53,533
27
566
51.916
54.309
TRusfEES' REMUNERATION AND BENEFITS
There were TK) trustccs. remuneration or 0￿ benefits for the year eThJed 31 December 2025 nor for the year
ended 31 December 2024.
Trusters, expen5¢5
There were no trustees. expenw ￿Ed for the year ended 31 Deccmber 2025 nor for the year ended
31 December 2024.
During th¢ y¢ar, £36412024: £364) was paid in respect of t[￿lee indemnity insurance.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES
Unrestricted
R¢5tTi¢t¢d
nd
Total
funds
INCOME AND ENDOWMEWTS FROM
Investment income
54,369
54,369
EXPENDITURE ON
Charltab]e attlThities
Estate c051s
Repairs and rnaintcnance
Other expenditure
ManaEement atKi adminhstration
10.796
13.359
5,248
15,819
10,796
13,359
5,248
15,819
Total
45,222
45,222
Net gains on investmenTS
1,909
5.477
7,386
NET INCOME
1.909
14.624
16,533
RECONCILIATION OF FUNDS
Tolai funds broughi forward
45,447
256,292
301,739
TOTAL FUNDS CARRIED FORWARD
47.356
270,916
318,272
P•ge 7
continued...

WINDLESHAM UNITED CHARfTIES
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR £IYDED 31 DECEMBER202S
TANGIBLE FIXED A&SETS
Frcehold
property
COST
At l January 2025 artd 31 December 2025
262J41
DEPRECIATIOIY
AT l January 2025
Charge (or year
124077
5,248
Ai 31 December 2025
129,825
NET BOOK VALUE
Ai 31 December 2025
132J16
Ai 31 December 2024
137.764
Windlesham United Charities was forn￿1 in 1899 by a sche￿£ of the Charity Con]mi&8ioners, later varied, and
con5LSt5 of al[￿hDUs¢ charity a￿1 nine s¥naller charbtie& all estsblished in the locality of WiNllesham.
Surrey. James Butler Alrnshouses were ori8inally constructed in 1761. They were rebuili and enlarged In 1930,
and further modemisaiion was carried oui in 1954 and 1974. The ¢ost in these acwunts includes work done in
1974 which was ￿nded by a housing grani. a local auilK)rity loan. and from the charity's own resouwes.
Additional refurb15hn￿nt in 1998 {£40.532), 1999 (£9,334). 2014 (£2S.0281. 2015 {£13,435) and 2020
(£42.1091 is also included.
No value is aiiribuled io the com of laMd or the ori8inl CO￿ of ihe buildin&
FIXED ASSET INVESTMENTS
Unlisied
investments
MARKET VALUE
At l January 2025
Revaluations
47,356
6,601
At 31 December 2025
53.957
IYET BOOK VALUE
At 31 De¢ember 2025
53,957
At 31 Deeember 2024
47.J50
There were no inY¢sLment asse￿ 0￿￿1￿e ihe UK.
Page 8
¢oniinu¢d...

WINDLESHAM UNITED CHARITI
NOTES TO THE FIYANCIAL STATEMENTS- ¢owtillu¢d
FOR THE YEAR ENDED 31 DECEMBER 2025
FIXED ASSET INVESTMENTS-
C051 or valualion at 31 December 2025 is represenied by:
Unlisted
investments
Valuation in 2025
Cosi
6,601
47,356
53,957
The inves1n￿niS comprise of ihe following:
2025
2024
COIF Income share5
NAACIF Income sharcs
NAACIF Accumulation shares
4J28
4J28
45,101
4.546
4.064
J8.746
Towl Market V¥lu¢
53.957
47.356
DEBTORS.. AMOUNTS FALLING DUE WITHIN Oh'E YEAR
2025
2024
Prepayments
438
33
CURRENT ASSET INVEStMENTS
2025
2024
UnlLSted investments
78J94
74,506
The income funds of ihe Charity iNlude reMric*d funds comprising thc following uneXpcml￿ bthlan¢es of funds
held on trusts 10 bc applied for specific purposes..
2D25
2024
Cyclical repair5
Extrdordinary repairs
29.862
4&S32
33, 780
40. 726
Toial
7&394
74.506
Page 9
continved...

WINDLESHAM UNITED CHAIUTIES
NOTES TO THE FINANCIAL STATEMEh'TS- eo#¢lMlled
FOR THE YEAR ENDED JI DECEMBER 2025
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other ¢redilor5
2,124
2.124
10.
MOVEMENT IN FUNDS
Net
nx)vemeni
in fvnds
At
31112125
Ai 111125
Unrestrirted funds
Endowmeni fund
47J56
601
53,957
Restrlcted lunds
Restricred fund
270.916
1,636
272,552
TOTAL FUNDS
318.272
8337
326.509
Net moVe￿nI in fvnds. inclwjed in ihe above are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movernent
in funds
Unr¢strlrted fuDd$
Endowment fund
6,601
601
Restrleted lunds
Restricted fund
75A80
{85,732)
IIW8
1,036
TOTAL FUNDS
7SA80
(85,732)
18,489
8237
ComparatiYQs for fund5
Net
movemeni
in funds
At
31112124
At IllJ24
Unreslrl¢ted funds
Endowment fund
45,447
47,356
Restrleted funds
Restricted fund
256292
14.624
270,916
TOTAL FUNDS
301.739
16.533
318,272
Page 10
¢oniinued...

WINDLFSHAM UNITED CHARITIES
NOTES TO THE TrINANCIAL STATELMENTS- contimued
FOR THE YEAR ENDED31 DECEMBER 2025
MOVEMEi4rr IN FUNDS- eDDtiDued
Comp8rativ¢ net movement in fvnds. incI￿Jed in the above are as follows..
lrtcoming
Resources
expended
Gains aftd
losses
Movemenl
in furtds
Unrestrltted lunds
Endomryneni fund
1,909
1,909
Restricted funds
R¢stricted fund
54.369
(45.222)
5.477
14,624
TOTAL FUNDS
54,369
{45.222)
7,386
16,533
A current year 12 nM)nihs and prior year 12 ny)nihs Combined posilion is as follows:
Net
movement
in ￿ndS
At
3111Y25
Ai 111124
Unrestrlrlfd funds
Endowment fund
45,447
8.510
53,957
Restrkted fvnds
RCstrI¢t￿ fund
256292
16.260
272J52
TOTAL FUNDS
301,739
24,770
326.509
A current year 12 months and prior year 12 Thnths conthined net m0veTh￿nI in h]nds. irKluded in rhe above are
as follows..
Incoming
Resouwes
expended
G¥iTLS and
losses
Movement
in funds
Unrestrl¢tfd funds
Endowmeni fund
8.510
8,510
Re$¢rkted funds
Restricted fund
129.849
{130,9541
17,365
16,260
TOTAL FUNDS
129.849
(130,9541
25.875
24,770
Pagell
Contin￿1...

WINDLESHAM UNITED CHARITIES
NOTES TO THE FINANCIAL STATELMENfs- coatinued
FOR THE YEAR ENDED 31 DECEMBER 2025
ii.
RELATED PARTY DISCLOSURES
There were no related party iransadions for the year ended 31 tkcember 2025.
Page 12

WINDLESHAM UliITED CHARITILS
DETAILED STATEMENT OF FINANCIAL ACTIVITILS
FOR THE YEAR ENDED 31 DECEMBER 2025
2025
2024
INCOME AIYD ENDOWMENTS
Granis
23,564
Inve5tthEnt intome
Renis received
Other fixed &sset inv- UnFII
Deposit account interesi
51.016
313
587
5J,533
27Q
566
51,916
54,309
Tot81 Inrowlng r¢SQUTC
7&480
54,369
EXPENDITURE
Charitable ac¢lvlties
Sundries
Esiaie costs
Repairs and maintenance
Trustees. insurAnce
Freehold propcrty
Gr8tJis to institutions
1.401
7A19
32J53
364
5.248
23J63
1,526
10. 796
13.359
364
5.248
70J48
3J.09J
Support eosts
MaThagement
Clerk's wages and expertses
13,224
12,761
Governanee eosl$
Accountancy and legal fees
2.160
1,368
Total resources expended
85,7J2
45,222
Net l¢ipeDdltureYlnwJue befor¢ gsln5
losses
(l(J,252)
9. 14T
Re•lised recognlsed galm And 105
Unreali5ed gains I Ioss¢s on inv¢stm¢nts
Realised gain&'losses
17.495
994
8,586
(1.200)
Net Income
8,237
16.533
This page does not form part ofthe Stat￿0ry financial siaiemenis
Page 13