Trustees. Annual Report for the period
From
Period start date
To Period end date
C,3
Charity name
New Windsor Municipal Charities
Other names charity is known by
Registered charity numbei (rf any)
201913
Charity's principal address
Ellison House, Victoria Street, Windsor, Berkshire
Postcode
SL41EW
Names of the charity trustees who manage the charity
Dates acted rf not for whole
Office (rf any)
year
Trustee name
Name of person (or body) entitled
to appoint trustee (if any)
Co-operative
RBWM
RBWM
1 Mr Guy Barlow
2 Cllr Helen Price
3 Cllr Karen Davies
4 Mr Shamsul Shelim
Mr Christopher
Simon
Rev Canon Sally
Lodge
7 Mr Martin Wing
Chairman
Co-operative
Co-operative
Ex-officio
ViGe-Chaimian
Co-operative
10
11
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity. if any, (for example, any custodian trustees)
Name
Dates acted if not for whole
ear
TAR
March 2012

Names and addresses of advisers (Optional information)
e of adviser
Name
Address
Name of chief executive or names of senior staff members (Optional information)
Description of the charity's trusts
Trust Deed (dated 27th November 1903. varied 1950,1953 and 2006
Type of governing document
How the charity is constituted
Trust Deed states that the Trustees shall be one Ex-officio (Vicar or Senior
Parish Priest of St. John the Baptist Church) Four Representatives and
seven Co-optative's.
Trustee selection methods
Representative Trustees are appointed by the Royal Borough of Windsor
and Maidenhead for three years and Co-optative's for 5 years. All
Trustees can be reappointed.
Additional governance issues (Optional information)
There is no official training of Trustees. The Co-optative Trustees are
appointed for their wide knowledge and experience in various fields
including Finance, Building Maintenance, Law, Housing Associations,
Welfare and also other Charities.
You may choose to include
additional information, where
relevant, about:
policies and procedures
adopted for the induction and
training of trustees;
the charity's organisational
structure and any wider
network with which the charity
works;
relationship with any related
parties;
trustees, consideration of
major risks and the system
and Pro￿dureS to manage
them.
Summary of the objects of the
charity set out in its governing
doGument
The main business of our Charity is providing homes for elderly low-
income people of Windsor. The largest task is the upkeep of the alms-
house (Ellison House) in which there are 27 units of accommodation built
in 1862, modemised in the 1980's and listed.
There is an office, boiler room, board room (which has a bed settee, a
small kitchen and toilet) occasionally used by the residents, families for
brief stays particularly if the resident is sick.
TAR
March 2012

There is a small laundry room and a specially built shelter for storing and
charging three electric mobility scooters.
The Trustees understand and have regard to the guidance issued by the
Charity Commission on public benefit.
The Charity is a member of the Alms-house Association and of the
Housing Ombudsman Scheme.
Summary of the main activities
undertaken for the public
benefit in relation to these
objects (include within this
section the statutory
, declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to include
further statements. where
relevant, about:
policy on grantmaking;
policy programme related
investment;
contribution made by
volunteers.
TAR
March 2012

Summary of the main
achievements of the charity
during the year
A quinquennial survey on the building was completed in August 2019 and
the trustees have been acting upon the recommendations specifically: _
A five-year electrical certificate has been commissioned.
A window drain survey was carried out and all remedial work required
was carried out.
A programme of decorating the extemal windows, painting and
recarpeting the common parts ie hallways is ongoing.
The refurbishment and painting of the board room has been carried
out.
After quotes were obtained, work was carried out relating to the roof
spaces and the installation firebreaks.
The Trustees have commissioned a new quinquennial survey on the
building.
The Housing Units were fully occupied for most of the year and there are
currently no vacancies.
TAR
March 2012

The Trustees, policy on reserves is to hold a substantial sum
commensurate with keeping a large, listed building that was built more
than 150 years ago maintained to the ne￿SSary high standard.
Brief statement of the
charity's policy on reserves
The reserves, represented by the investments and net current assets,
stand at about £1.066 million at 31st March 2024 (£1.022m- 2023) which
is considered adequate and is well above the £800,000 target. The
increase over the year is due to the increased market value of the
investments and net cash inflow.
The Receipts and Payments Account shows a surplus of receipts over
payments of £14,656 (net oufflow £19,376- 2023) for the year. The main
source of income was the contributions paid by the residents of the alms-
houses and these covered 95 % of the running costs in the year. The
income from the invested reserves was about £2,000 higher than the
previous year.
The Trustees consider the financial position as at 31st March 2024 to be
satisfactory.
Details of any funds materially
in deficit
n/a
Further financial review details (Optional infomiation)
You may choose to include
additional information, where
relevant about:
the charity's principal
sources of funds (including
any fundraising);
how expenditure has
supported the key objectives
of the charity;
investment policy and
objectives including any
ethical investment policy
adopted.
Section F i-
,Other optional information
The Trustees meet 4 times a year.
The Trustees employ Mrs Jan Adams as Secretarylwarden. The day to day running of the Alms-house and
the residents, welfare are delegated to her.
TAR
MarGh 2012

The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charity's trustees
Signature(s)
Full name(s)
Guy Jonathan Barlow
Position (eg Secretary, Chair, etc)
Chairman
Date
TAR
March 2012

Registered Charity Number 201913
NEW WINDSOR MUNICIPAL CHARITIES
Unaudited financial statements for the
Year ended 31st March 2024

New Windsor Municipal Charities
Independent Examiner's report to the Trustees of
New Windsor Municipal Charities
I report on the accounts of Naw Windsor Mu,ryicipal Charities (the Charity) for +he year ended
31st March 2024, which are set out on pages I to 4.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the ACV).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5){b) of the Act.
Independent examiner's 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:
l. accounting records were not kept in respect of the charity as required by Section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Neil Beaton
Janda, The Friary
Old Windsor
SL4 2NR

New Windsor Municipal Charities
RECEIPTS AND PAYMENTS ACCOUNT
Year ended 31st March 2024
General
Fund
Endowment
Fund
Note
Total
2023
Receipts
Almshouse contributions and service charges
Investment income
Bank interest
Miscellaneous income
135,603
18,552
1,618
1,990
157,763
135,603
18,552
1,618
1,990
157,763
139,396
16,490
294
1,505
157,685
Total receipts
Payments
Mana
ement and runnin
Staff costs
Administration and running costs
Utilities
General maintenance
Extraordinary maintenance
costs of the Almshouses:
22,409
18,673
23,745
40,653
36,739
142,219
22,409
18,673
23,745
40,653
36,739
142,219
20,523
18,590
13,133
27,116
36,928
116,290
Governance:
Accountancy and Examiner's fees
888
888
771
143,107
143,107
117,061
Investment
urchases
BlackRock Charities UK Bond Fund
COIF Investment Fund shares
CAF UK Equity B Income shares
20,000
20,000
20,000
60,000
177,061
Total Payments
143,107
143,107
Net receipts/(payments)
Cash funds at 31st March 2023
14,656
117,426
132,082
14,656
117,426
132,082
(19,376)
136,802
117,426
Cash funds at 31st March 2024
The notes on pages 3 and 4 form part of these accounts.
Page I

New Windsor Municipal Charities
STATEMENT OF ASSETS AND LIABILITIES
At 31st March 2024
General
FiJ.nd
Endowment
Fund
Total
2023
Note
Cash funds
Balances at bankers and cash in hand
132,082
132,082
117,426
Other monetary assets
Debtors and prepayments
4,057
4,057
3,927
Investment assets
Unit trusts at market value
936,704
936,704
906,945
Assets retained for the charity's own use
Almshouse property
533,553
629,740
1,163,293 1,163,293
Liabilities
Creditors and accruals
7,267
7,267
5,724
Net asset value at 31st March 2024
1,599,129
629,740
2,228,869 2,185,867
Approved by the trustees on 17th July 2024 and signed on their behalf by:
G J Barlow
Trustee
C.M.A.Simon FCA
Trustee
The notes on pages 3 and 4 for
part of these accounts.
Page 2

New Windsor Municipal Charities
NOTES TO THE ACCOUNTS
Year ended 31st March 2024
l. Basis of preparation
These accounts have been prepared as Receipts and Payments Accounts under S.133 of the
Charities Act 2011.
2. Fund accounting
The charity maintains various types of funds as follows:
General (unrestricted) fund:
General (unrestricted) fund represent resources which are expendable at the discretion of
the Trustees in the furtherance of the objects of the charity.
Permanent Endowment fund:
Funds granted for the specific purpose of acquiring the Almshouse property. Subsequent
additions and improvements have been paid for from general funds.
2023
3. Staff costs
Salaries and wages
Pension costs
21,741
668
19,189
398
22,409
19,587
4. Extraordinary maintenance
Lofts clearance, boarding and refurbishment
Refurbishment of the boardroom suite
Exterior decorating
Refurbishment of one flat
Installation of lightning conductor
14,790
21,949
14,211
12,676
10,041
36,928
36,739
5. Almshouse property
Cost at 1st April 2023 and 2024
1,163,293
The Almshouse property is owned freehold and is a listed building. It is maintained to a high
standard. The trustees believe that the property has a value at least equal to the accumulated
cost shown above and, therefore, depreciation is not provided in respect of either the land
or the building.
Page 3

New Windsor Municipal Charities
NOTES TO THE ACCOUNTS
continued
Year ended 31st March 2024
6. Investments
The original cost of some of the investments is unknown. The costs shown are for more recent
additions to the investment portfolio.
Holdin
31,3,2024
Cost
31.3.2024
Market value
2024
2023
Cost known
BlackRock Charities UK Bond Fund units
COIF Investment Fund shares
CAF ESG Growth & Income Fund Income shares
99,067
10,440
109,500
144,000
143,600
144,525
432,125
144,321
214,035
190,789
549,145
146,514
195,372
179 437
521323
Cost unknown
M & G Charities Common Investment Fund
Income units
Accumulation units
70,108
3,000
63,735
323,824
387,559
g36,704
62,620
323 002
385 622
Total market value of ortfolio
906,945
Page 4

New Windsor Municipal Charities
Independent Examiner's report to the Trustees of
New Windsor Municipal Charities
I report on the accounts of New Windsor Municipal Charities (the Cb,arity) for +he year ended
31st March 2024, which are sel Out on pages I to 4.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the ACY).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011
Act and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5)(b) of the Act.
Independent examiner's 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:
l. accounting records were not kept in respect of the charity as required by Section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Neil Beaton
Janda, The Friary
Old Windsor
SL4 2NR
2024