CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trust88sl members of Mabel Gale Bequest On accounts for the year ended 31 March 2025 Charity no lif any) 200857 Set out on pages 1 to 6 inclusive I report lo the trustees on my examination of the accounts of the above charity {'the Trust'l for the year ended 3110312025. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 {"the Act.). I report in respect of my examination of the Trust's aOUnts carried oul under section 145 of Ihe 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below") in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of thè Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in order to enable a proper understanding of the account5 to be reached. Please delete the words in the brackets if they do nol apply. Signed: Date: 1610912025 Name: av tyeo Relevant professional qualification(s) or body lif any): Fell Member ofthe Association ofAccounling Technicians (Licence No. 6061 Address: Donovan Atyeo Unit 4 Hounsell Building, North Mills Trading Estate, Bridport DT6 3BE IER October 2018
Section B Disclosure Only complete if the examiner needs to highlight matters of Concern (see CC32, Independent examination of charity accounts. directions and guidance for èxaminers}. Give here brlef details of any items that the examiner wishes to disclose. IER October 2018
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MABEL GALE TRUST CAPITAL ASSETS AS AT 31ST MARCH 2025 2170 M&G Charifund Income 35237.14 36,742.86 Charities Deposit Fund 73.81 73.81 Kitson & Trotman Client Account Balance 14,730.94 15,153.98 50 041.89 51
MABEL GALE TRUST PROVISIONAL BUDGET 202512026 2312024 202312024 202412025 202412025 202512026 Estimate Actual Stimate Actual Estimate XPENDITURE Electricity Gardener Insurance Water Rates National Association of Almshouses Costs and lees Mainlonance General Maintenance Refurbishment Maintenance Capital Exterior Works. Careline Exceptional Work- new roof Exceptional Work- Plaque 10,000.00 4,810.00 5,000.00 7,160.00 3,000.00 3,100.00 3,200.00 3,300.00 1,100.00 1,160.00 1.200.00 1,422.00 2,200.00 2,430 00 2,500.00 2,390.00 235.00 407.00 420 00 419.00 4,800.00 4.800.00 4,800.00 4,800.00 3,500.00 3,185.00 3,500.00 3,937.00 5,000.00 8,040 00 10,000.00 14,296.00 3,000.00 3,734.00 3,000.00 1,235.00 2,000.00 2,300.00 2,000.00 NIA 1.600.00 900.00 900.00 686.00 3,650 00 700.00 36.435.00 39,216.00 36,520.00 39.645.00 8,000.00 3.500.00 1,450.00 2.500.00 425.00 4.800.00 4,000.00 12.000.00 3,000.00 NIA 700.00 4.000.00 44,375.00 £5,485.00 per accounts Maintenance contribution al new rate Void- po55ible unoccupancy @ 50 Dividends expected INCOME 40.092.00 38507.00 40.560.00 -2,005.00 -2.028.00 2.000.00 2194.OQ 2.200.00 39.440.00 38,163.00 40,087.00 40.701.00 40,732.00 Actual Ex re & Income Th& èstimaltsd costs were undersialed overall by £3,125 compared to the actual costs. The electricity costs were rnore than the estimate by £2,160 however there is still a £2k credit balance on the Perryhayes account which is due to be repaid. The general maintenance was underestimated by £437 bLsI the contingency for outside works was nol used as a separate cost so there was an overall underspend ol c£1.500. £3,000 was estimated for cap((al expenditure but the actual cost lolalled £1,235. The main overspend was due to the refurbishrnenl ol No.1 Perryhayes. The previous occup8nt had resided there since the late 1980's- the estimate was £10k but the final ¢osl was £14,296.00 and overspend of £4,296.00. Thè estimated income lolalled £40,087 which included the deduction of a 5Q/a void for possible unoccupancy- the total received was £40,701. There was a void in this year which lotalled £1,585. Dependin on the Trustees deasion al the AGM regarding the maintenance conliibLJlion the lolal income could increasè ft)r 2025126 The bungalows are now fully occupied again. No's 2,4 & 5 in Perryhaye5 have long term residents and have not been fU[bIshed and neilher has No.5 Vi¢toria Grove. An addition of £4k has been brought in as it appears one of the bungalows needs substsnlial roof repairs. A replacement nèw plastic shed door for 6 Perryhayes will be filted shorlly at a ¢osl of £900 which has beèn included in the Capita5 account eslimaled budgèt figure.