Registered Charity Number 201913
NEW WINDSOR MUNICIPALCHARMES
Unaudited financial statements for the
Year ended 31st March 2025

New Windsor Municipal Charitie5
Independent Examiner's report to the Trustees of
New Windsor Municipal Charities
I report on the accounts of New Wlndsor Municipal Chartties Ithe Charltyl for the year ended
31st Mar¢h 2025, whlch are Set out on pages I to 4.
Responslbllltles and basls of rep¢xt
As the charlty trustees of the Trust you are responslble forthe preparation of the accounts in accordance
with the requirements of the Charities Act 20111'the ACVI.
I report In respect of my examlnatlon of the Trusfs accounts carrted out under sectlon 145 of the 2011
Act and In carylng out my examinatlon I have followed all the appllcable Dlrectlons glven by the Charlty
Commission under section 14515llbl of the Art.
Independent examln*s statement
I have completed my ex•min•tion. l confirni that no material matt•rs hav• corrn to my attentlon in
connectlon wlth the Èxamlnètlon glvlng me cause to bellevè that In any m)terial respect:
l. accountinl records were not kept in respect of the charity as required by Section 130 of the Act; or
2. the accounts do not accord wlth those records.
I have no £on¢erns •nd have come Kross no other matters In connectlon wlth the ex4mlnatlon to whleh
attentlon should be drawn In thb report In oryler to enable 4 proper understandlni of the •¢counts to be
reached.
Nell Beaton
48 Moryans Quay
strand
Telgnmouth
TQ14 8XZ
Date:
11...o.¥¥nL. 2025

New Wlndsor Munlclpal Charltles
RECEIPTS AND PAYMEpifs Accoumr
31st Ma
2025
Gener41
Fund
Endowment
Fund
Totsl
2024
Re¢elpts
Almshouse contributions and service charges
Investment income
Bank interest
Mlscellaneous Income
135.188
19.634
1.612
1.570
158,(MJ4
135,188
19.634
1,612
1,570
158,004
135,603
18.552
1,618
1,990
157,763
Total r¢c•lpts
Payments
Mana
eme
stsff costs
Admlnlstratlon ènd runnlni costs
Alm5houses'.
24.104
21,831
29,751
35,099
12,957
24,104
21,831
29,751
35,099
12,957
22,409
18,673
23,745
40,653
36,739
142,219
General maintenance
Extraordlnary malntenance
123.742
123.742
verna
Accountsncy and Ex•mln¢r's fMs
124.630
124.630
143,107
Investment
BlackRo¢k Charitles UK Bond Fund
COIF Investment Fund shares
CAF UK Equity B Income Shares
M & G Charities Common Invastment Fund
25,C(rf)
25.Crt)O
25,000
25.OCO
100,(K#)
25,000
25,0
25,CQD
25,000
l(MJ,000
224,630
Tot•1 P•ym•nts
143,107
Net Ip•ym•nts)Irff¢lpts
Cash funds at 31st March 2024
Cash funds at 31rt March 2025
166,6261
132,082
65,456
166,6261
132,082
65,456
14.656
117,426
132,082
The notes on pa8es 3 and 4 form prt ofth¢s¢ •¢¢ounts.
Page I

New Windsor Municipal Charities
ATEMElff OF ASSEfs AND UABILMES
At 315t Marih 2025
General
FL6nd
Endowment
Fund
Totsl
2024
Note
Cash funds
Balances at bankers and cash in hand
65,456
65,456
132,082
Other monetsry assets
Debtors and prepayments
3,942
3,942
4,057
Investm¢nt assets
Unit trusts at market valuÈ
1,065.493
1,065,493
936,704
Assets retalned for the chailty's (rlm use
Almshou￿ property
533.553
629.740
1,163,293 1,163,293
Llabllltles
Creditor5 and occrua15
3.714
3,714
7,267
Net asset value at 31st Mayth 2025
1.664.730
629.740
2,294,470
2,228,869
Approved by the trustee5 on 16th July 2025 and slgned on their beh•lf by..
G J Barlow
Trustee
C.M.A.Slmon FCA
Trustee
The notes on pages 3 and 4
rm part ofthese accounts.
Pa8• 2

New Wlndsor Municipal Charities
NOTES TO ThE
cou
Year ended 31st Marth 2025
l. Basls of pr•parntlon
These ae¢ounts have been prewred J5 Receipts and Payments Accounts LTrnder S.133 of the
Charltles Act 2011.
2. Fund accountln8
Th• charity maintains varlou5 type5 of fund5 as follows:
General {unrestrictedl fund:
General lunrestrictedl fund represent re50urce5 which are expendable at the dlxretlon of
the Trustees in the furtherance of the objects of the charity.
Pérnianent Endowm•nt fund:
Funds granted for the specific purpose of acquiring thè Alrnshouse property. Subsequent
additions and improv•m•nts have been paid for from i•n•nl funds.
2024
3. Staff costs
Salarles Ind wales
P•ftslon ¢osts
23,318
786
21,741
24,104
22,409
4. Extraordlnary malnt•n•nc•
Loft5 clearance, boJrdin8 and refurbishmet)t
Refurbishment of the boardroom sulte
14,790
21,949
36,739
14,790
21,949
#REFI
5. AlmJhoui• prop•rty
Cost at 1st Aprll 2024 •nd 2025
1,163,29J
The Alrnshouse property Is owned freehold and Is a Ilsted bulldlni. It Is m•lntsln•d to • hlgh
Stsndard. The trustees beli￿• th•t the property h8$ a value at least equal to the accurnulBted
cost shown above and. therefore, deprKlaUon13 not provlded In respect of elther the land
or the building.
Page 3

New Windsor Munlclpal Charftles
NOTESTO THE ACCOUNTS
ar ended 3
March 2024
nllnued
6. Invesbments
The ori4lnal cost of some of the investments Is unknown. The costs shown are for more recent
addition$ to the Investment portfolio.
Holdl
Cort
.3.2025
Mark•t valu•
2025
Cost known
Bla¢kRock Charities UK Bond Fund units
COIF Investment Fund share5
CAF ESG Growth & Income Fund Income shares
106,402
11,65S
198,989
169.C
168,6
169.525
507.125
165,788
227.040
215,008
607,836
144,321
214,035
190 789
549 145
Orl Inal
M & G Ch8riti•s Common In¥•stm•nt Fund
Income unlts
Accumulation unlts
96.6S6
25,¢XKI
89.967
367,690
457.657
1.065,493
63,735
323 824
25,(MX)
387 559
Totsl market value of rtfollo
936,704