REGISTERED CHARITY NUMBER.. 201098
Report of the Trustee5 and
Unaudited Financial Statements
for the Year Ended 31 December 2025
for
The Gyde Almshouses Charity
f ? xeinadin
7015tonehouse Park
Sperry Wav
5tonehouse
Gloucestershire
GLIO 3UT

The Gyde Almshouses Charlty
Contents of the Financial Ststements
forthe Year Ended 310e¢ember 2025
Page
Report of the Trustees
Independent Examinerfs Report
Statement ot Financial Actimtles
Balance Sheet
Notes to the Financial Statements
7 to 14
Detslled Statement of Financial Activitie5
15

The Gyde Almshouses CharSty
Report of the Trustees
forthe Year Ended 31 December 2025
The Trustees present their report with the financial ststements of the Charity for the year ended
31 December 2025. The TTU5tees have adopted the provisions of Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective lJanuary 20191.
OBJECTIVES AND ACTIVITIES
Objectives and alms
The Charity maintain5 and manages ten Semi-detached houses at Gyde Road. Painswick, Gloucestershire,
which are occupied by residents appointed by the Trustees.
Applicants rnust have been resident in the Parish of Painswick..
l. For the preceding five year5. or
2. have been a resident for 10 years at any time and be at least 55 yeats of age
Public benefit
TheTrustees are aware of the Public Benefit provision5 of the Charities Act 2011 and of the guidance on them
published by the Charity Commission. They are satisfied that the objeet5 of the Charitv and the activities of
the Charity are within the definitions of the Charitable Purposes as set down in the Act. The Trustees are not
aware of any public detriment caused by the Charity's objects or activities, and norare they aware of anyone
receiving any private benefit from the Charity's activities.
FINANCIAL REVIEW
The financial statements for the year to 31 Oerember 2025 show a decrease in the value of the Charity'5
investments with the market value being £347,93012024.. £364,467). The Charlty's investments comprise of
Charities Official Investment Funds and M&G Charity Multi Asset Fund5.
The Trustees are satisfied with the investment performance but continue to monitor.
The weekly malntenante contributions have increased.
Our warden continues to be efflclent and well-1Sked by the resldents.
Investment policy and objectives
The Trustees seek to grow the capital value tsf the fund Subject to an appropriate level of risk. Investment5
are held in collective unitised funds specificalty designed for Charity investment.
Going concern
After making appropriate enquiries. the Trustees have a reasonable expectation that the Charity has
adequate resour¢e5 to continue in operational existence for the foreseeable future. For this reason, thev
continue to adopt the going concern basi5 in preparing the financial statements. Further details regarding
the adoptic¢n of the goin8 concern basis can be found in the Accounting Policie5.
Page I

The Gyde Almghou5es Charlty
Report of the Trvstee5
for the Year Ended 31 December 2025
FINANCIAL REVIEW- continued
Reserves policy
The Charity carries a level of free re5erve5 to ensure that it is able tts carry out any malor repair work on the
properties at relatively short notice.
sTRu￿vRE, GOVERNANCE AND MANAGEMENT
Charity constitution and Boverning document
The trust was established by a Trust Deed dated 15 July 1910. The constitution of Gyde Almshouses Charity
Ino. 2010981 is an unincorporated assoclatitsn. and it is governed by Deed of Trust. Correspondence should
be addressed to Mrs S Baker. Clerk to theTrustees, 14 Green Close, Uley, Dursley, Gloucestershire. GLII 5TH.
Recruitment and appolntment of newtrustee5
There shall be 9 trustees appointed for a term of 7 year5 a5 follow5..
Ex Officio Trustee.. Chairmèn of Stroud District Council Icurrently no representativel
Representative Trustees121 Painswick Parish Council
Co-opted Trustee$161
Indurtion and tralnln8 of new trustee5
Trustees who have particular knowledge of S￿.11$ appropriate to the Ch8rity are invited to join. On
appointment the Trustees receive a copy of the governing documents and Charity Commi55ion guidance
regarding trusteeship. New Trustees are briefed on the history. background. and work of the Charitv.
Risk management
The Trustees have a duty to identify and review the risks to which the Charity is expDsed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
The Trustees have considered the followin8 risks and mitigation..
inflation and fall in Capital values mitigated through investment in appreclatSng assets or fixed deposit
accounts
fall in value or failure of specific investment vehicles mitlgated by diversification of investments
failure of investment counterparties mitigated by requiring a minimum 'A' credit rating for deposit taking
Institutlons and è maximum £200.000 cash deposit per counterparty.
The Trustees recognlse that internal financial cgntrols are essential checks and procedure5 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 Almshouse5 Charlty
Report of the Trustees
for the Year Ended 31 December 2025
Trustees
Mrsj Nash
Mrs A Daniels
Mr5 C Irving
Mrs S Welbourne
Mr N Cooper
Mr l Massey
rs M Radwav
MrAGyde
Independent Examlner
M Aldridge
Xeinèdln
701 Stonehouse Park
Sperry Wav
Stonehouse
Gloucestershire
GLI0 3UT
Imiestment Advisors
CCLA Investrnent Management Ltd
COIF Charity Funds
Senator House
85 Queen Victoria Street
London
EC4V 4ET
M&G Investment5
Governors House
S Laurence Pountney Hill
London
EC4R OHH
Approved by order of the board of trustees on
and slgned on its behalf by..
Mrs l Nash- Tiustee
Pa8e 3

Independent Éxaminer's Report to the Trusteès of
The Gyde Almshouses Charity
Indepèndent Examiner's report to the trustees of The Gyde Almshouses Charitv
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 2025.
Responsibilities and basis of report
A5 the Charity Trustees of the Trust, you are responsible for the preparation of the accounts in accordan
with the requirements of the Charitie5 Act 20111.the Act'l.
I report in respect of my examination of the Trust's accounts carried out under sectlon 145 of the Act and in
carrying out my examinatlDn I have folk)wed all applicable Direttions glven bythe Charity Commi55ion undef
section 14SISllbl of the Act.
Indepèndent Examinee5 Statement
I have completed my examination. I confirm that no material matter5 have come to my attention in
connectlon wSth the emarnination giving me cause to believe that in any materièl respect..
accounting Tecords were not kept in respect of the Trust as requlred by section 130 of the Act.. OT
the accounts do not accord with those records,. or
the account5 do not comply with the applicable rèquirements concernin8 the form and content of
accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement
that the accounts give a true and fairview which is not a rnatter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
M Aldridge
Xeinadin
701 Stonehouse Park
Sperry Wav
Stonehouse
GloucestershSre
GLIO 3UT
Date.. ..
L loiL
Pa8e 4

The Gyde Almshouses Charity
Statement of Financial Activities
for the Year Ended 31 December 2025
2025
Total funds
(Unrestricted)
2024
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Maintenance contributions from residents
30.592
29,400
Investment income
11.973
11,571
Total
42.565
40,971
EXPENDITURE ON
Charitable actlvltie5
Charitable activities
53,606
31.336
Tot?1
53.606
31,336
Net gainslllossesl on investments
12,5821
10,206
NET INCOMEIIEXPENDITUREI
113,6231
19,841
RECONCILIATION OF FUNDS
Total funds brought forward
497,389
477.548
TOTAL FUNDS CARRIED FORWARD
483,766
497.389
The notes form part of these financial statements
Page 5

The Gyde Almshouses Charity
Balance Sheet
31 De¢ember 2025
2025
Total funds
Iunrestrictedl
2024
Total
funds
Notes
RXED ASSETS
Tan8ible assets
Investments
119,843
347.930
109,(K)3
364.467
467.773
473.470
CURRENT ASSETS
Debtors
Cash at bank
1.127
17,271
1,107
25.135
18,398
26,242
CRÉDITORS
Amounts falling due within one year
12,4051
12,3231
N￿CURRENT ASSETS
15,993
23,919
TOTALASSETS LES5 CURRENT LIABILITIES
483.766
497,389
NET ASSETS
483,766
497.389
FUNDS
Unrestricted funds
io
483,766
497,389
TOTAL FUNDS
483,766
497.389
The flnaneial statements were approved by the Board of Trustees on
slgned on its behalf by..
11.. af,-:.L.....2Q2&,...
and were
Mrs l Nash- Trustee
The note5 forrn part of these financial statements
Page 6

The Gyde Almshouses Charity
Notes to the Financlal Ststement5
for the Year Ended 31 December 2025
ACCOUNTING POLICIES
Basis of preparlng 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 account5 in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffecrive
l January 20191,. Financial Reporting Standard 102'The Financial Reporting Standard appllcable 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 ot investment5 which are included at market
value, as modifled by the revaluation of certain asset5.
Income
All income is recognised in the Statement of Financial Activities once the Charity has entitlement to
the funds, it is probable that the income will be received, 3nd the amount can be measured reliablv.
Empenditure
Liabilities are recognised as expenditure a5 soon as the￿ is a legal or constructive obligation
committin8 the Charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settletnent 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 aeeregate 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.
Cyclical repalrs and maintenan
The Trustees have established a regular progr3mrne of cycllcal repairs and maintenance. Costs are
charged to the Revenue Account in the year in whieh they are incurred.
Emtraordinary repalrs
Costs of extraordinary repair5. unless representing improvements to the properties, are charged to
the Revenue Account in the year in which ihey are incurred.
Tangible fixed asset5
The freehold propertyconsi5ts 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 wSth funds which were
used to build the house5. For this reason. a c05t figure cannot be shown for this asset in the 8alance
Sheet. The freehold land and building are insured for £2.280,000 which is an estimate of their
replacement cost. Since l January 2001, all property improvements costs have been capitalised and
depreciated at 5% on cost.
TaxatSon
The Charity is exempt from tax on its charitable activities.
Fund atcounting
Unrestrirted funds can be used in accordance with the charitable objectives at the dlscretion of the
Trustees.
Page 7
contSnued...

The Gyde Almshouses Charlty
Notes to the Flnanclal Statements- contlnued
forthe Year Ended 310ecember 2025
ACCOUNTING POLiaES- continued
Fund accounting
Restricted funds can only be used for particular restricted purposes within the objects of the Charity.
Restrictions arise when spEcified by the donor or when funds are ralsed for particular restrKted
purp05e5.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
Statements.
INVESTMENT INCOME
2025
2024
Investment income
Deposit account interest
11,973
11.567
11,973
11,571
Investment income includes accumulatlon units dSvldends declared for whlch no cash was received
and cost adjustment was made to investments instead.
TRU5TEES' REMUNERATION AND BENEFITS
There wefe no Trustees, rernuneration or other benefits forthe year ended 31 December 2025 norfor
the year ended 31 December 2024.
Trustee5' eMpen5es
Theie were no Trustees, expenses paid for the year ended 31 Decernber 2025 nor for the year ended
31 December 2024.
STAFF COSTS
The avera8e monthly number of personnel during the yearwas as follow5..
202S
2024
Warden Iself-employment basis)
Pa8e 8
continued...

The Gyde Almshouse5 Charfty
Notes to the Financlal 5taternents- ¢ontinued
for the Year Ended 31 December 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIE5 IN 2024
Unrestricted
funds
INCOMEAND ENDOWMENTS FROM
maintenan￿ contributions from residents
29,400
Investment income
11,571
Total
40,971
EXPENDITURE ON
Charitable activitie5
Charitable activitie5
31,336
Total
31,336
Net gains/llossesl on investments
10.206
NET INCOMEIIEXPENDITUREI
19,841
RECONCILIATION OF FUNDS
Total fursds brought forward
477,548
TOTAL FUNDS CARRIED FORWARD
497.389
Page 9
continued...

The Gyde Almshouses Charlty
Notes to the Financial Stètemen15- continued
for the Year Ended 31 De¢ember 2025
TANGIBLE FIXED A55ETS
Improvements
to
property
COST
At l January 2025
Addition5
218,090
31 December 2025
239.271
DEPRECIATION
At l January 2025
Char8e for year
109,087
10,341
At 31 December 2025
119.428
NET BOOK VALUE
At 31 Decembei 2025
119,843
At 31 December 2024
109.003
Not included in cost of land and buildings are freehold land and buildings valued for insurance
purposes at £2,280.OC4) which is not depreciated.
FIXED ASSET INVESTMENTS
Listed
investments
MARKETVALUE
At l January 2025
Additions
Disposals
Revaluations
364,467
6.044
19351
121,6461
At 31 December 2025
347.930
NET BOOKVALUE
At 31 December 2025
347,930
At 31 December 2024
364.467
There were no investment as5et5 Outside the UK.
Page 10
ontinued...

The Gyde Almshouses Charity
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Prepayments
1,127
1,107
CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Other creditors
2,405
2,323
10. MOVEMENTIN FUNDS
Net
movemènt
in funds
Transfers
between
funds
At
31.12.25
At 1.1.25
UnrestrÉcted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
132,922
372
11,6171
18,1551
14.2231
133,294
1.617
152.390
212,077
144.235
206,237
11.6171
497.389
113,6231
483,766
TOTAL FUND5
497,389
113,6231
483,766
Net movement in funds, included in ihe above are as follows..
Incotning
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
Cyclical repair5 and maintenance fund
Extraordinary repair fund
Charitable wide range fund
30,592
130.2201
11,6171
121,7691
372
11,6171
18,1551
14.2231
6,044
5,929
7,570
110,1521
42,S65
153,6061
12,5821
113.6231
TOTAL FUNDS
42,565
153.6061
12,5821
113.6231
Page 11
continued...

The Gyde Almshouses Charity
Notes to the Financial Statements- continued
for the Year Ended 31 December 2025
io.
MOVEMENT IN FUNDS- continued
Comparatives tor movement In funds
Net
movemernt
in funds
Trall5fer5
between
fund5
At
31.12.24
At 1.1.24
Unrestricted funds
General fund
Cycliral repair5 and rnaintenance fund
Extraordinary repair fund
Charitable wide range fund
128,974
107
141,076
207,391
17511
11,1801
11,315
10,457
4,7
1,073
132,922
152,390
212,077
15.7731
477.548
19,841
497,389
TOTAL FUNDS
477,548
19,841
497.389
Cornparative net movement in funds. included in the above are as follows:
Incoming
re59urces
Resources
expended
Gain5 and
losses
Movement
in funds
Unrestricted funds
General fund
Cyclical repalrs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
29,402
130.1531
11,1831
17511
11,1801
11,315
10,457
5.793
5,773
5,522
4.684
40,971
131,3361
10,206
19,841
TOTAL FUNDS
40,971
131,3361
10.206
19,841
Page 12
continued...

The Gyde Almshouses Charity
Notes to the Finan¢lal Statements- continued
for the Year Ended 31 December 2025
io.
MOVEMENT IN FUNDS- contrnued
A current year 12 months and prior year 12 months cornbined position is as follows=
Net
movement
in funds
Transfers
between
funds
At
31.12.25
At 1.1.24
UFTrrestrirted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
128.974
107
141.076
207,391
13801
12,7971
3,159
6.236
4,700
2.690
133,294
144,235
206,237
17,3901
477,548
6.218
483,766
TOTAL FUNDS
477,548
6,218
483,766
A current year 12 month5 and prior year 12 months combined net movement in funds, included ifi the
above are as follows..
Incoming
resources
Resources
expended
Gains and
losse5
Movement
in funds
Unrestricted funds
General fund
Cyclical repairs and maintenance fund
Extraordinary repair fund
Charitable wide range fund
59.994
160,3741
12.8CX)I
121.7701
13801
12,7971
3,159
6.236
11,837
11,702
13,092
15.4661
83,536
184,9441
7.626
6.218
TOTAL FUNDS
83.536
184,9441
7,626
6.218
Page 13
continved...

The Gyde Almshouses Charitv
Notes to the Financial Statements- ¢ontSnued
for the Year Ended 31 December 2025
11. RELATED PARTY DISCLOSURES
There were no related party transaction5 for the year ended 31 December 2025.
Page 14

The Gyde Almshouses Charity
Detailed Statement tsf Financial Actlvltie5
for the Year Ended 31 De¢ember 2025
2025
2024
INCOME AND ENDOWMENTS
Contrlbutlons received
Maintenance contributions from residents
30.592
29,402
Investment in¢ome
Investment incorne
Deposit account interest
11.973
11.567
11,973
11.571
Totsl intoming resources
42,565
40.973
EXPENDITURE
Charitable activities
Warden'5 salary
Rate5 and rents
Insurance
Repairs to property
Office supplies and sundry
Resident5, gifts
Fees and licence5
Clerk's fee lone half)
Improvemènts to property depreciation
7.338
225
2.266
23.386
249
325
433
3,573
10.341
6,997
55
2,192
1,183
94
330
423
3,444
9,282
48.136
24,0
Support costs
Govemance cost5
Clerk's fee lone half)
Accountancy fees
Le8al fees
3,573
1.848
50
1.830
2.062
5,471
7,336
Total resour£es expended
53,607
31.336
Net Income Ilexpendlturèl before galns and losses
111,0421
9.637
Realised recognlsed galns and105ses
Realised gains/llossesl on fixed asset investments
19,065
Net income I lexpenditurel
8,023
9.637
This pa8e does not form part of the statutory financial statements
Paee 15