REGISTERED CHARITY NUMBER: 201098
Report of the Trustees and
Unaudited Flnantial Statements
for the Year Ended 31 December 2023
for
The Gyde Almshouses Charitv
f?; xeinadin
701 Stonehou5e Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT

The Gyde Almshouses Charity
Contents of the Financial Statements
for the Year Ended 31 December 2023
Page
Report of the Trustees
Independent Examiner's Report
Statement of Flnancial Activltles
Balance Sheet
Notes to the Financlal Statements
7 to 14
Detailed Statement of Financial Atti¥itie5
15

The Gyde Almshouses Charity
Report of the Trustees
for the Year Ended 31 December 2023
The Trustees present their report with the financial staternents of the Charity for the year ended
31 December 2023. The Trustees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charlties preparing their accounts in accordance with the
Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191.
OBJECTIVE5 AND ACTIVITIES
Objectives and aims
The Charity maintains and manages ten semi-detached houses at Gyde Road, Painswick, Gloucestershire,
whith are occupied by residents appointed by the Trustees.
Applicants must have been resident in the Parish of Painswick..
l. For the preceding five years, or have been a resident for 10 years at any time
2. And be at least 55 years of age
On 24th July 2002, the Charity Commission agreed to alter the scheme to allow Trustees in exceptional
circumstances to appoint a resident who lives Outside the area of benefit but is otherwise qualified. The
number of residents appointed under this sub clause must not exceed 4 at any one time.
Public benefit
The Trustees are aware of the Public Benefit provisions of the Charities Act 2011 and of the guidance on them
published by the Charity Commission. They are satisfied that the objects of the Charity and the activities of
the Charity are within the definitions of the Charitable Purpose5 as set down in the Act. The Trustees are not
aware of any public detriment caused by the Charity's objects or activities, and nor are they aware of anyone
receiving any private benefit from the Charity's activities.
FINANCIAL REVIEW
The financial statements for the year to 31st December 2023 show an increase in the value of the Charity's
investments with the market value being £348,46812022.. £322,768). The Charity's investments comprise of
Charitie5 Official Investment Funds and M&G Charity Multi Asset Funds.
The Trustees are satisfied with the investment performance after what has been a yet another turbulent year
due to the War in Ukraine.
The weekly maintenance contributions have increased.
Investment policy and objectives
The Trustees seek to grow the capital value of the fund subject to an appropriate level of risk. Investments
are held in collective unit funds specifically designed for Charity investment.
Going concern
After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has
adequate resources to continue in operational existence for the foreseeable future. For this reason, they
continue to adopt the going concern basis in preparing the financial ststements.
Page I

The Gyde Almshouses Charlty
Report of the Trustees
for the Year Ended 31 Decernber 2023
FINANCIAL REVIEW- continued
Reserves pollcy
The Charity carries a level of free reserves to ensure that it is able to carry out any major repair work on the
properties at relatively short notice.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Charity constitution and governing document
The Gyde Almshouses Charity Inumber 2010981 Is an unincorporated association and it is governed by Deed
of Trust dated 15th July 1910. The Charity de-registered as a social landlord registered with the Housing
Corporation under the Housing Act 1996 on 8 March 2005. Correspondence should be addressed to Mrs S
Baker, Clerk to the Trustees, 14 Green Close, Uley, Dursley, Gloucestershire, GLII 5TH.
Recruitment and appointment of new trustees
There shall be 9 trustees appointed for a term of 7 years as follows..
Ex Officio Trustee.. Chairman of Stroud District Council (currently no representative)
Representative Trustees121 Painswick Parish Council
Co-opted Tru5tees161
Induction and training of new trustees
The Trustees who have particular knowledge or skills appropriate to the Charity are invited to join. On
appointment the Trustees receive a copy of the governing documents and Charity Commission guidance
regarding trusteeship. New Trustees are briefed on the history, backEround, and work of the Charitv.
Rlsk management
The Trustees have a duty to identify and review the risks to which the Charlty is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees have considered the following risks and mitigation..
inflation and fall in capital values mitigated through investment in appreciating assets or fixed deposit
accounts
fall in value or failure of specific investment vehicles mitigated by diversification of inve5tment5
failure of investment counterparties mitigated by requiring a minimum 'A' credit rating for deposit taking
institutions and a maximurn £200,000 cash deposit per counterparty.
The Trustees recognise that internal financial controls are essential checks and procedures that allow it to
meet legal duties to safeguard the Charity's assets, administer the Charity's finances and assets in a way that
identifies and manages risk. The policies and procedures are reviewed regularly.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
201098
Principal address
Shani Baker Clerk to the Trustees
14 Green Close
Uley, Dursley, Gloucestershire, GLII 5TH
Page 2

The Gyde Almshouses Charlty
Report of the Trustees
for the Year Ended 31 December 2023
Trustees
Mrs J Nash
Mrs A Danie15
Mrs C Irving
Mrs S Welbourne
Mr N Cooper
Ms R Nash
Mr l Massey
Mrs M Radway
MrA Gyde
appointed 3 October 2023
appointed 11 july 2023
There is currently a vacancy for Ex-officio trustee representative from Stroud District Council.
Independent Examiner
S T Dipple FCA
Xeinadin
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT
Investment Advisors
CCLA Investment Management Ltd
COIF Charity Funds
Senator House
85 Queen Victoria Street
London
EC4V 4ET
M&G Investments
Governors House
S Laurence Pountney Hill
London
EC4R OHH
Approved by order of the board of trustees on
and signed on it5 behalf bv..
NJCL
Mrs J Nash - Trustee
Page 3

Independent Examlner's Report to the Trustees of
The Gyde Almshouses Charity
Independent Examiner's report to the trustee5 of The Gyde Almshouse5 Charlty
I report to the Charity Trustees on my examination of the accounts of The Gyde Almshouses Charity Ithe
Trust) for the year ended 31 December 2023.
Responsibilities and basls of report
As the Charity Trustees of the Trusti you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all applicable Directions given by the Charity Commission under
section 14515}Ibl of the Act.
Independent Examiner'5 Statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities IAccount5 and Reports) Regulations 2008 otherthan any requirement
that the accounts give a true and fair view which 15 not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matter5 in connection with the examination to which
attention should be drawn in this report in order to enable a proper understandinE of the accounts to be
reached.
S T Dipple FCA
Xeinadin
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GLIO 3UT
Date..
Page 4

The Gyde Alrnshouses Charity
Statement of Financial Artivities
for the Year Ended 31 December 2023
2023
Total funds
Iunrestrictedl
2022
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Maintenance contributions from residents
27,615
26,378
Investment income
11,078
10.902
Total
38,693
37,280
EXPENDITURE ON
Charitable activities
Charitable activitles
31,048
27.334
Total
31,048
27.334
Net gains/llosses1 on investments
20,315
129,4411
NET INCOME/(EXPENDITURE)
27,960
119,4951
RECONCILIATION OF FUNDS
Total funds brought forward
449,588
469,083
TOTAL FUNDS CARRIED FORWARD
477,548
449,588
The notes form part of these financial statements
Page 5

The Gyde Almshouses Charitv
Balance Sheet
31 December 20Z3
2023
Total fund5
(Unrestricted)
2022
Total
funds
Notes
FIXED ASSETS
Tangible assets
Investments
118,285
348,468
109,673
322,768
466,753
432,441
CURRENT ASSETS
Debtors
Cash at bank
1,085
11,916
1,052
18,184
13,001
19,236
CREDITORS
Amounts falling due within one year
12,2061
12,0891
NEf CURRENT ASSETS
10,795
17,147
TOTAL ASSETS LESS CURRENT LIABILITIES
477,548
449,588
NET ASSETS
477.548
449,588
FUNDS
Unrestricted funds
io
477,548
449,588
TOTAL FUNDS
477,548
449,588
The financial statements were approved by the Board of Trustees on
signed on its behalf by..
and were
Mrs J Nash - Trustee
The notes form part of these financial statements
Page 6

The Gyde Almshouses Charity
Notes to the Financial Statements
for the Year Ended 31 December 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the Charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities=
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective
l January 20191,, Flnancial Reporting Standard 102 'The Financial Reporting Standard applicable in the
UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared
under the historical cost convention, with the exception of investments which are included at market
value, as modified by the revaluation of certain assets.
Income
All income 15 recognised in the Statement of Financial Activities once the Charity has entitlement to
the funds. it is probable that the income will be received, and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or construrtive obligation
committing the Charity to that expenditure, it is probablè that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all costs
related to the category. Where costs cannot be directly attributed to particular headings, they have
been allocated to activities on a basis consistent with the use of resources.
Cycllcal repair5 and malntenance
The Trustees have established a regular programme of cyclical repairs and maintenance. Costs are
charged to the Revenue Account iti the year in which they are incurred.
Extraordlnary repairs
Costs of extraordinary repairs, unless representing improvements to the properties, are charged to
the Revenue Account in the year in which they are incurred.
Tanglble flxed assets
The freehold property consists of ten semi-detached houses at Gyde Road, Painswick, Gloucestershire.
The land was gifted to E F Gyde in order to set up the Charity in 1910, together with funds which were
used to build the houses. For thi5 reason, a cost figure cannot be shown for thi5 asset in the Balance
Sheet. The freehold land and building are insured for £2,280,000 which 15 an estimate of their
replacement cost. Since l January 2001, all property improvements costs have been capitalised and
depreciated at 5% on cost.
Taxatlon
The Charity is exempt from tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
Trustees.
Page 7
continued...

The Gyde Almshouses Charlty
Notes to the Financial Statements- continued
forthe Year Ended 31 December 2023
ACCOUNTING POLICIES- continued
Fund accounting
Restricted funds can only be used for particular restricted purposes Wlthin the objects of the Charitv.
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.
INVESTMENT INCOME
2023
2022
Investment income
Deposit account interest
11,078
10,902
11,078
10,902
Investment income includes accumulation units dividends declared for which no cash was received
and cost adjustment was made to investments instead.
TRUSTEES, REMUNERATION AND BENEFITS
There were no Trustees, remuneration or other benefits for the year ended 31 December 2023 nor for
the year ended 31 December 2022.
Tru5tees' expenses
There were no Tru5tee5' expen5e5 paid for the year ended 31 December 2023 nor for the year ended
31 December 2022.
srAFF COSTS
The average monthly number of personnel dijring the year was as follows..
2023
2022
Warden Iself-employment basis)
Page 8
continued...

The Gyde Almshouses Charity
Notes to the Financial Statements- continued
for the Year Ended 31 December 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES IN 2022
Unrestricted
fund5
INCOME AND ENDOWMENTS FROM
Maintenance contributions from residents
26,378
Investment income
10,902
Total
37,280
EXPENDrruRE ON
Charitable activities
Charitable artivities
27,334
Total
27,334
Net gain51llossesl on investments
129,4411
NET INCOMEIIEXPENDITURE}
119,4951
RECONCILIATION OF FUNDS
Total funds brought fonvard
469,083
TOTAL FUNDS CARRIEO FORWARD
449,588
Page 9
continued.

The Gyde Almshouses Charity
Note5 to the Financial Statements- contlnued
for the Year Ended 31 December 2023
TANGIBLE FIXED ASSETS
Improvements
to
property
COST
At l January 2023
Addition5
199,995
18,095
At 31 December 2023
218,090
DEPRECIATION
At l January 2023
Charge for year
90,322
9,483
At 31 December 2023
99,805
NET BOOK VALUE
At 31 December 2023
118,285
At 31 December 2022
109,673
Not included in cost of land and buildings are freehold land and buildings valued for insurance
purposes at £2,280,000 which is not depreciated.
FIXED Ass￿ INVESTMENTS
Listed
investments
MARKET VALUE
At lJanuary2023
Additions adjustment to cost
Disposals
Revallsations
322.768
5,385
20.315
At 31 December 2023
348,468
NET BOOK VALUE
At 31 December 2023
348,468
At 31 December 2022
322,768
There were no investment assets outside the UK.
Page 10
continued...

The Gyde Almshouses Charity
Notes to the Financial Statements- continued
forthe Year Ended 31 December 2023
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Prepayments
1,085
1,052
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Other creditors
2,206
2,089
10. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.12.23
At 1.1.23
Unrestrirted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
126,712
107
132,830
189,939
18191
12,6141
8,246
23,147
3,081
2,614
128,974
107
141,076
207,391
15,6951
449,588
27,960
477,548
TOTAL FUNDS
449,588
27,960
477,548
Net movement in fund5, included in the above are a5 follows..
Incoming
resource5
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Cyclical repair5 and maintenance fund
Extraordinary repair fund
Charitable wide range fund
27,615
128,4341
12,6141
18191
12,6141
8,246
23,147
5,385
5,693
2,861
17,454
38,693
131,0481
20,315
27,960
TOTAL FUNDS
38,693
131,0481
20,315
27,960
Page 11
continued.

The Gyde Almshouses Charitv
Notes to the Financial Statements- continued
for the Year Ended 31 December 2023
io.
MOVEMENT IN FUNDS- continued
Cornparatives for movement in funds
Net
movement
infunds
Transfers
between
funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fun
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
101,996
107
152,048
214,932
16801
12761
782
119,3211
25,396
276
120,0001
15.6721
126,712
107
132,830
189,939
469,083
119,4951
449,588
TOTAL FUNDS
469,083
119,4951
449,588
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Gains and Movement
105ses
in funds
Unrestricted funds
General fund
Cyclical repair5 and maintenance fund
Extraordinary repair hjnd
Charitable wide range fund
26,378
127,0581
12761
16801
12761
782
119,3211
5,230
5,672
14,4481
124,9931
37,280
127,3341
129,441}
119,4951
TOTAL FUNDS
37,280
127,3341
129,4411
119,4951
Page 12
continued...

The Gyde Almshouse5 Charitv
Notes to the Financial Statements - contlnued
for the Year Ended 31 Decernber 2023
io.
MOVEMENT IN FUNDS- continued
A Current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
between
funds
At
31.12.23
At 1.1.22
Unrestrirted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
101,996
107
152,048
214,932
11.4991
12,8901
9,028
3,826
28,477
2,890
120,0001
111,3671
128,974
107
141,076
207,391
469,083
8,465
477,548
TOTAL FUND5
469,083
8,465
477,548
A current year 12 months and prior year 12 months combined net movement in funds, included in the
above are as follows..
Incoming
resources
Resource5
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
53,993
155,4921
12,8901
11,4991
12,8901
9,028
3,826
10,615
11,365
11,5871
17,5391
75,973
158,3821
19,1261
8,465
TOTAL FUNDS
75,793
158,3821
19,1261
8,465
Page 13
continued...

The Gyde Almshouses Charltv
Notes to the Financial Statements- continued
for the Year Ended 31 December 2023
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 Oecember 2023.
Page 14

The Gyde Almshouses Charity
Detailed Statement of Financial Artivities
for the Year Ended 31 December 2023
2023
2022
INCOME AND ENDOWMENTS
Contributions received
Maintenance contributions from residents
27,615
26,378
Investment incorne
Investment income
Deposit account interest
11,078
10,902
11,078
10,902
Total Incoming resources
38,693
37,280
EXPENDITURE
Charltable actlvltles
Warden's salary
Rates and rents
Insurance
Repairs to property
Office supplies and sundrv
Residents, gifts
Fees and licence5
Clerk's fee lone halfl
Improvements to property depreciation
6,672
1,286
2,138
2,614
158
355
57
3,280
9,483
6,172
2,018
276
157
354
1,794
3,030
8,928
26,043
22,729
Support cost5
Governance costs
Clerk's fee lone half)
Accountancy fees
3,280
1,725
3,030
1,575
5,005
4,605
Total resources expended
31,048
27,334
Net income l{expenditurel before galns and losses
7,645
9,946
Realised recognised gains and losses
Realised gainslllossesl on fixed asset investments
12601
Net Income I lexpendlture)
7.645
9,686
This page does not form part of the statutory financial statements
Page 15