REGISTERED CMARITY NUMBER: 202033 R•port of th• Tru•l••s and Fln•nclal Stat•m•nt8 for th• Y•ar End•d 31•t D•c•mb•r 2025 Qu••n Ellzab•th Almshou• Tradlng •• SIX PAast•rn' Ch•rbil•• The Rthards Sandy Partnershlp Thomdoe House 25 Barl)oume Road Worcester Worce5ter5hi WRI 1RU
Que•n Ellzab•th Almshousos Trading a¥ Six Masters. Charlil•s Cont•nts ol th• Flnanelal Stat•m•nts f¢f th• Y•ar End•d 31st fJ•c•mb•r 2025 Pag• R•pvrt of the Tru•t••• Ind•p•nd•nt Ex•mln•e¥ R•port Slat•mont of Flmnelal Actl¥ltl•* Balanc• Sh••1 Not•• to th• Flnancl•l Stat•m•nts 7 10 14 D•tsll•d Sl•t•m•nt of Flnanclal Actlvlll•• 15
¢kn•n Ellzab•th Almshouses Tradlng as SIX Mast•rs' CharltS•8 Report of Ihe Trustees for th• Y•ar End•d 31st Docembor 2025 The trustees present their rsrA)rt th8 flnandal statements of the charity for the year ended 31$1 Decembèr 2025. The trvslees have adopted the pro¥isiMs of A¢¢otJnb"n9 and Rep(Mtng by Chariti"es'. Ststement of Rrnrnended Pr8¢tice applicable to charities pparing their Unts in accordance with the FInarla1 Repoiting Stsndard applicab in the VK and Republic of Iretand IFRS 1021 leffèdivè 1 January 20191. 08JECTIVES AND ACTivrriES ObJg¢tlvè# aftd alms Thè principal objectNe of th¢ charity is to prOVe accomnKJation for the Foor peTrorts who are inhabrtants of th8 Cty of Worcesler. Two bKKs ol Amshouses, kno as Queen Elizab&th Mmshwses ol Tho Tything, Worcester and Leas mshouses of Infirmary Walk. Worcester arè in the k)ng stsrmling ownèrship of th& Charity. Potentlal resldents of Quoen Eltsab¢th'$ Aknshous¢ Chadty mu$1 bg 8xlsllNJ rnsjts of the City of Worc•stsr. Potential resident5 of Leas AJm5houses mvsl be over age 0160 wth prgler8rw lo women. Maintenance contributions ar& charged by the tnjstees on the residents. The trustees arts oblwJ8d to rèpaii and Insure lh¢ prowrties and establish and maintain an EaOrdinary Repair Fund. Any surplus income after payment ol tho cosls of the al and ol appropriats adm¢nlstrgtion and manapmant chafgos Is to be applied fof the benefft of the r85Klents in the Ajmshousos of th¢ Ch&nty 8nd, subject tr•tO. lor the falief in need for charitable purpose5 for the general benefft of persons resiiJ8nt In or resorbrKJ to Ihg City of Worcgst8r who are In conditions ol need, hardship or distress and for reliel of the aged aThJ imtntsnt, for improv•d Conditn$ of Itfe 8tKJ lor tho a(Jvancement of ¢dU"0n for the Inhatltants of Worcester. Publlc b•n•flt The trustees confim that tw coMpld wlth th8 ¢Juty in tIOn 1T{51 of tho Chartties 2011 to have due regard to guidance pu1Shed by the Charity commiss on public banofft %th•n rnVithng the charWs aims and obieclives and in planning future actlvltJ68. ACHIEVEMENTS AND PERFORMANCE Charltabl• actlvltb•• The charity operates bolth ¢)Je8n ElrLabeth'8 AlThhw888 and Lea'8 AlmslKJu8es almshoJ8e8, both of whlch are Irtsled in Wor$ter. Alongsido th¢80 8lm8hou80$, tho ¢harity pnwat•$ to suprM)rt dis•dvorttaged in th8 Worc88tar arao. FINANCIAL REVIEW Flnanclal po8ltlon Incoming rosources for the year consiste(l of maintenarth charges from residents arvj investmont Iromo. Thtr$0 8mcgunled lo £118,67512024 - £131.505} In totsi. Dlrèct ¢h¥ritBble exp•ndituro ¢onslst•d m8lnJy of bLFik11tvJ f8Fo4rs and charllabl• gr8nt8. Thls anv)unt&J to £115.91312024 - £138,255). FollovAng a change in how the lisied inveslments Wd by Ihe endowment fund are managed, the ¢h8rity I[Ulr0d investment manageIt fees of £9.61712024- £9.4771. paKI out ol reali98d gains from the SBle of listed investments. Not unr8slricl8d &xpndibJr• Yras £4,16312024- £14,0511, aftertransferring £1.(*12024-£5.l)0O> from total unrestricted fijnds lo Ihe extraordinary repairTesln'c¢ed bjnd. Totsl unrestrided ftjnds held atthg yearend was £56.13012024- £60.2931. The needs of the residents have been monitored by the trustees on a bBS¢S. The tru3leg8 wll continu& to wk to improve the quality of lif8 oflhe re&dents in the and supwt th08e indNKIu818 and charitigs. prOdIng supF¥t to the people of Worce3t8r. Inv•skn•nt polKy •t)d obl•ctl¥ The inveslment power5 01 the chanty are governod by Ihe TFu5tee Act 20(KJ. The trust86S S88k to m8ximis• long tsmi IoMe vout exFK)slng capital to uThJue risk and the malority of the irNestrnent shall bo in UK Gilts and Equities. P8ge 1
Queen Ellzabeth Alh9¥¥ Tradlng as SIX M•stsrs' Charltl•s Report ol the Trustees for th• Y•ar End•d 31st D•c•mbv 2025 ReMrve• policy At Ihe year end thts L8rty hail fvnds as f(410.. 2025 2024 Gereral unrestricte(I funds Extraordinary repair fund Endowment fund5- capstsl held In bulldings and investments 56,130 89.314 1 722 224 60,293 88,314 1630 522 1 779,129 Tho trustoes alrn to hold general unresthcted ftmds al a level approximatèly èquivalènt of onè yearfs running Costs for the provision of accMM0dati0n. in order to $81eguard Its 8th6b.ès against either unfor&seen &Jdrtnal costs or a sudd8n drop In inco. At the year trnd lh& I&v81 offrèa ros8rv8s 4Yas aPpXiMalY to orn yearfs aciJyr¥rthab'on runnlng ¢o$ts, vthlth is in lin8 wth the trust8ès r•serv& Ft)licy. The pvrrx)se ol fidOWmt fund and restricted fiJnds can f(nd in the Th)tes to Ihe accounts. STRUCTURE. GOVERNANCE AND MANAGEMENT Con8tttutlon The lull nam• of th8 charity is Queen Elyzabeth AJm8hLXW$. Wi$t•rnd uthr numb•r 202033, and has a working nam• ofsix Masters, Charities. The charfty 15 g4)verr<J by 1843 Royal Chartgias arrd8 by supplam8nlal ord&r of 11 Febnjary 1983, together with schem8 of 10 November 1982 arKI conststt)t•s an unirKoworated ¢hanty. On 22 January 1999. the Chartty Cornmisshm. by direction Under Seclion 96161 of the Ch8rf119s Act 1993, permltted L60S Alm$hous8s, a ch8nty consliluted on 20 Juty 1977. with a regisiered number of 20203S to bè r89lSt&r8d under lh& sam• numbor 88 Quaon Elizatth AJm8hou8es. R•crultm•nt and appolntrn•nt ol n•w tru•t••i Tho Board ol Trust8os appoint new Irustees when wnL D•el•lon maklng D¥¢iston8 are mgd& by lh• Inmteos in general m88iirvJ and exeujI ollho88 Is 98t•d lo tho Clark. Rlsk mawg•m•nl The InJstee5 have a duty to id8ntrfy w)d review th& risks to which Ihe charity 15 exposed, with p8rtl¢ular 8ttèntion to Tesldenls. health and $8fety, and to 8nsum approprlate controls afe in place to providg reasonable a$sur8n¢& against frau and error. REFERENCE AMD ADMINISTRATIVE DETAILS Rogl•t•r•d Cfiarlty numb•r 202033 Prlnclpal addro Pear Tree Cottsge Yarrington Rood Alfrick Worcèstershirn WR6 SEX Truste l L Carmichael Dr R Ingles IJCSmith W B Stallard D Sutcliff V Wiltshire Pe2
Qu••n Ellzaboth Almshou$•s Trndlng as Si)E Mastsrs. Charltl•s R•port ol the Trust••s for th• Yr End•d 31st D•¢ember 2025 Indgp•ndènt Exarnln•r Mèlissa Godwin ACA ACCA The Riehards Sandy Partnership Thomelos Hse 25 B8rt)ume Road Worc$slèr Worceslèrshi WR1 1RU Cl•r Louks8 Ruane Pear Tree Cottage Yarrington Ro8¢J Alh'ck Worcèstershlre WR6 SEX Inv•stm•nt Managern EFG Harris Allday 33 Great Charf¥s Strwt Blrmingh8m B3 3JN Proporty Manag•m•nt Ag•nt• Philip Laney And Jolly Limited 23 Worcester Road Malvem Worc8Stetshlre WR14 4QY Approv8d by order of tho board of trustees on ........... . swnod on its t¢half by.. W B Slallard- TnJst8• Page 3
Queen Ell¥ab•th Almshouses Tr¥dlng as Six Mast•rs' Charltl•• Statement of Flnanclal Actlv5tl•s for th• Y•af Erth 31st D•¢emr 2025 2025 Total fund8 2024 Total nds UrWeStt&j lunds Restricted Endov+Thent fijnds funds Notss INCOME AND ENDOWMENTS FROM CharStablè actlvltl•8 Provision of accommodatKJn 71.264 71,264 72,354 Investment income 59,151 Totsl 118,675 118.675 EXPENDMJRE ON R*l¥lng lund8 Investment rnanag8ment Costs 9,817 9,617 9,477 Charltabl• actMII•• ProvisK)n of accommodation Rellef ol poverty and hardship an general ben8fit ol the Inhabitsnts of WorStar 78.oe8 78,088 84,455 53,799 Totsl 147.731 Net g8in8 on Invg$tm8nts 101319 101319 NET INCOMEIIEXPENDMJREI 13.163) 91,702 88.539 8,596 Trantyfern •tn lund• Not mov•m•nt In fund• 91,702 88.539 8,596 RECONCILIATION OF FUNDS Total funds brought forwar 60.293 88.314 1,6311,S22 1,T19,129 1,770.533 TOTAL FUNDS CARRIED FORWARD 1,779,129 Th¢ Th)tes form part of these fin8noal statements Payo S
••n Eltsaboth Alm$hou$ Trnding as Six Master5. Charitie 8alane• Sheet 31st D•e•mboT 2025 2025 Total fund¥ 2024 Total ftjnds Unrestricted ftjnds Rtsstrict*l ftlnds Endonèftt funds Notes FIXED ASSETS Tangible assets Investments 12 13 500.000 1205 390 soo,000 1205 398 500.000 1.126,797 1.705.39fj 1.705.396 1.626,797 CURRENT ASSETS Debtors Investments Cash al bank 14 15 12,078 12.078 75,000 84.816 7.143 75,734 79,888 75,01 16.828 65.752 89.314 11,828 171.894 162,765 CREOITORS Amounts f811ing due vllhkn one year 16 (9.6221 19.6221 110.433) NET CURRENT ASSETS 152,332 TOTAL ASSETS LESS CURRENT LIABILITIES 56.130 89.314 1.722,224 1,017,660 1.779,129 NET ASSETS 89,314 1867 668 FUNDS Unreslricled funds.. General unrestricied lund Rgstricled lun(18'. Extraordinary repalr fund Endowrnnt funds.. Capltal held in bulldings and Investmants 17 S6,130 80,293 89,314 88,314 1 722 224 1,630 522 TOTAL FUNDS 1867 668 1779 129 Th& finan¢l¥l Stslements were approved by the Board 0fTnAt and aLrtI8•y for Iswe on ... . ........................ nd wor¥ swJned on Its bohalf by.. W B Slall8r<l - TNsltse The notes form part of ISe finanaal statements Pagg 6
Qu••n Ellzab•th Almshou¥es Trndlng as SIX Master5. ChafftJe8 to th• Flnanclal SLthments for the Year En(led 31st D¢¢•mb•r 2025 ACCOUNnNG POLICIES BASIS OF PRepARING ThE FINANCIAL STATEMENTS The f1nanci815tstents of the charity. which is a public 8nty und&r FRS 102. have besn prèparèd In accordan thè Charities SORP IFRS 1021 'knnb"ng and Reporting by Charitiès.. Slatement of Recomrrend8d Practice applrcable to tharities weparing theiracu)unts in accordance wth the Finan¢ial Reporting Standard apIcable in ihe UK and RepublK of Ireland IFRS 10211gffeth"v$ 1 January 20191., Financi81 Rèporting Standard 102 The Finanrial Rèptht"ng Standard applicable in the UK and ftepubI ol Ireland. and the Charitses Act 2011. The fjnancial ststements have tttn Fvjared undef Ihe historic81 ¢ost convli0n, wth the exception of Invoslments whh are included at market Wal. as J[fied by the ValUatiOn of ¢èrtaln assels. Thw flnancial s&itements arè popar•Y kn Stertry, Ithich is the fts11¥1 curneY of the tharity. All monetary amounts are rjnded lo the ne8resl £1. INCOME All Incom• is 18c0d in the Ststernont of F8181 Actsw"ties orTh the charity h88 gnlld8m8nl to th8 funds. It18 probabl& that tha IrMe will be re¢xiv8d th8 arrnt can b8 Msrj reliawy. M8intenance ¢haffJ•S receN8d frorn resKlents of the almshwses is r8cg)griis•J in lin8 vhth th& p8rlods lo whlch bt relates. Llsled Invesknwnt incomo Is rwnlwj in tho Incg)m• s1otom8nt wh8n they ar8 d8darod. EXPENDITURE Ll8bilib'9s ar8 recognlsod as oxponditure as as • l•gal oreonstwthe oblbJ)n committlng the charity lo that expenditure, it Is probabKg that a transfer OlecorM tn&fits wll ba required in settlemonl and th8 amount of the oblig8tlon ¢an be m&asured mliably. Exp8ndilure is accounted for on an accfuals basi5 and hag bèèn classified under he8dlng$ that aggf8gate all cost related lo the c8le9¢yy. Whèr8 costs cannot be dirèctly 8¢tributèd Its parts'cular ht8dings they heve b•en allcuted to ac11v88 on a b8818 o)n81glent vAth the use of resour8. Grants payable are chargèd to •XP8ndibJre vknen the offer is cvrw•yod to tha rncipient, unless the offgf 1$ condition81 in whi¢h cose such grants are charged to expendsture when conditions attaching are fulfilled. Grants offered subject lo nditIc8 vthich have not been Tr1 al the yr fjnd 8m noted as a commilrnonl. but not accnJ8d 05 OMnltUre. TANGIBLE FIXED ASSETS- FREEHOLD PROPERTY Fraahold property ralales to almshouses held primarily for th• of socaal b8ntrfits in 8co)rdance w¢th th8 obla¢tiv8s of th8 charity. Frnehdd property is me•surnd 8t ¢osl l•ss any pros15 fordepreci8lion ty Impalrmant. On first timè adopb.on ol FRS 102 and Charities SORP IFRS 1021 the chanty applied Ihtr flrst t¢mè adoption •x8mptK)n to measure freeho property using 8 past vAILtation as deemed cost. The past valuats.on was perfornied by thè truStS when the freehold prcygrty was first brought into the actounts on 1 January 2002 followng a previous change in acownting opp1. The trustees consid8r that the freed L9nd has an Indefinite long uselul Irf6 and thal a provisn for daprnciation th¥rglorè is not 8PPfopfigte. The lrnehold buiklings 8r8 subiact to a programme of repairs dèsignèd to maintain thasè assèts lo a high slandard. ACCOln91y. th• trustees consthr that the lryes of th• Assets are so bng and the r88Mlu81 values are so high Ih81 any depr8c1attr would be materid. TAXATION The chanty iq exernpl Irom tax on its tharitatle actiw'ltes. FUND ACCOUNTING Unrnstrict•d funds can be use(1 in a(xThdance wrth the Charilab objecb'ves 31 the discrnticffi of the trustees. Restricted funds can only be used lor particular reytnct1 puwses wrthin the ot¥'ect$ of thg chArity. Restriclw)ns arise when specified by Ihe dOr or vthèn funds are raised for parlar reslrict8d puq)os8s. The Endowment funds ¢xe8les which i8 used lor the chaiilw Unre$lJicd actiwbes. Further eXanation ol th8 nalurn And WTF*)se of frjnd is indLJdwJ in thè notes to the financial statement8. Page 7 continued...
¢kn•n Eltsabeth Almht& Tradlng a¥ SIX Mast•ts' Charlll•s Not9• to th• Flnanclal Statemenls - contlnued for th• Y•ar End•d 31st D•c•mb•r 2025 ACCOUNTING POLICIES- contlnu•d FINANCIAL INSTRUMENTS The charity has elected to awy the prcwisions of Secticffl 11. Basic Flnandal lnstrJnnts' and Section 12'0ther Financial Instruments Issues. of FRS 102 to all of its finar1 irtrUM6nts. Finanaal instruments are feCc3nl¥ wln the charity be(X)M party to witractyal provlsions of the Instrument. Financial a&8ets are offset, with the net arThJunls Presenj in lh8 &counts where there is a legally enfortèabl right 10 Set off Iho recognised arrwjunts and IheTr is an Int11 to s¢tUè on a net basis or to realise Ihe asset and Set1 the liability simullanèously. Baslc Flnanelal A•s•ts Basic financial assets. whth indude tr#de and othor roceivabl8s and cash and bank b81an¢ss, arè Initlally mèasurad at transaction price including IrdnsaetK)n costs atyj aro subsequenty carried at arrrf)rts"sed cost using lh• effeclive interest rnethod unlgss thè afrangement consb"tutes 8 financang tr8n$action. wherè th• transaction Is me8Bured at the prwnt value of th• fure r8c•pts dlBcwnted at a m•rk¢t rato of Intor88t. Ba•lc Flnancl•l LbIlItI•# 88sK finanryal liatM"lib"•s. induding trade and other p8yot)10s, 8r• Inltially rwntsod at transact prico unloss lh& 8rr8ngemenl eonstitutes a financing trarwcb'on, whefy the d&bt Instrunwnt is measured at the present value of Jlure recelpts, dSscount•d at a markel ra ol intor95L O¥bt irlnJm8nts are subsequ8nUy carried al arntised cost, using th4 •ffèdiva interest rate rneth¢)J. Trad8 payable5 are OtligalS to p•y lor goods or Servic that hav8 been ary]u¢d In tho ordlnary 01 th• OP8rations from suppller5. Accounts pay8blg are classifi•J as current Iiats'lrt5 rf p8ymenl is du& within onè y8ar or 18$s.11 not, they are presented as non-tyJTrenl liabilities. Trth payaU8s are r8cognis8d Snilialty al Iransa¢tkJn co$L LISTED INVESTMENTS Listed Investments are stated in lh¢ ffinoncial sthtements at their 0 market valu& 81 the balance sheet date. unrlIse¢l Bnd realised gain8 and bs868 8re in Iho St8tsment of Financial Athlw. INVESTMENT INCOME 2025 2024 Llsled inve8tm8nt Ir Bank interg8t 44,117 ,702 59.151 INCOME FROM CHARITABLE ACTMTIES 2025 2024 Maintenance charps Pagg 8 ntinued...
Qw•n Ellzab•th AlmshtyA•s Tradlng as Six Masters. Charilles Not•¥ to th• Flnancl•l Stat4m•nts- e4)ntlnued for th• Ywr End•d 31st D•c•mb•r 2025 INVESTMENT IIANAGEMENT COSTS 2025 2024 Investment mana9erfees 9.617 9.477 CHARITABLE ACTIVITIES COSTS Grant ftmding ol activities (see notè 71 D1ct costs (see notè 61 Supk>>t ts)Sts (see not8 81 Totals Provlskn olattommod8tlon Relief of rK)vety and hardship and 9•raI bonefit of the inhabitsnts ol Wowl•r 71163 5,925 78.088 43.750 43.750 n.163 43.750 DIRECT COSTS OF CHARITABLE ACTMTIES 2025 2024 Property management f888 Council tax and water IrvdurBn¢e LkJhl and heel Cleaning Glfts to r881den Sundries 8uildir4J repBirn and nh)dtrmi88lion TV1I¢gn¢• subxripts.ons W•b$rtg 9,332 4,373 3.516 17.748 550 1,300 363 34.277 5,880 4,446 3,480 17,673 475 1,300 139 45.425 68 407 280 419 217 Page 9 continued...
ljueon Ellzab•th Almshou¥ Tr•dlng as SIX IAastsrs' Chariti•s Not•s to thè FSnancl•l Stat•m•nts . c¢n¢lnued lor th• Y•ar Ended 31st D•cember 2025 GRANTS PAYABLE The total grants paid lo lnslltutS duriThJ yewwas as folbws.. 2025 2024 Acoms Children's HOspe Tntst The Amiehair Trust CIO Hereford & Wor%xst¢r Army Cadel Force Charitablè TrLt Maggs Day CÈnb Museum ol Royal Worcester Parrins Museum TnJ611 The Myriad Centr& Limited Onside Independent Advoc Perdiswll Young People's Ler• C•ntre St Paul's Hostel St Rlchards Fkxpice Foundation Worcester Communty Tnjst Worcester Food Bank IP.C.C. 01 Th8 Ec(lèslasb"cal Parish CX St Nthdas & All Saint'$ Wucest•rl Worcester Snoez$l8n CIO The GoThl Soil Trust Worcest&rshirfr Breast Unlt HJv8n 9.000 3.000 2,000 4.500 2.000 3.250 2,000 15,000 2,500 2,500 2,500 5,000 2,000 2,500 12,500 3.000 9,000 2,000 2,000 2,000 2,000 2,000 SUPPORT COSTS Support costs. IndLhJed In the at)ve. are as lollows: 2025 2024 Bank charge$ Independent ¢xgmln8r 18e5- inde0n1 ox8m Clerk's fees 88 1.782 1.860 TRUSTEES. REMUNERATION AND BENEFfrs There were n¢ trusteès, remun8ralhJn or other benefits for th• yogr eThJod 31st D8cernb8r 2025 nor for Ihg ygar ended 31$1 Dec8mber 2024. TRUSTEES. EXPENSES There w8r8 no trust8os' exn803 for year 31st Dember 2025 r1 for the year ondod 31sl Dècember 2024. P8g8 10 ntinued...
QU• EliZath Alm$h¢xts•s TrJdln9 as SIX Ma¥tws' Charltl•s Notes to th# Flnan¢W Slat4mwts. ¢tsnu•d forth• Y•ar End•d 31st D•c•mb•r 2025 10. STAFF COSTS There were no staff erwoyed in either the OJFrent or wior year. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES R8skn¢t8d funds Endowment (unds Total funds fttnds INCOME AND ENDOWMENTS FROM Ch•rltbl• •¢tlvltl•• Provision of accomnYJalbn 72,354 72,354 Invgslmgnt Incomg Total 131,S05 131505 EXPENDITURE ON Ral•lng fvnd• Inveslmenl rn8n8g•mont ¢osts 7.176 2.301 7,178 9.477 Charltabl• actlvld•• Provision ol accommodation R81ig1 of povaty and hardship and goMr41 benefit of thg Inhabttants ofWorc8sler 84,4S5 84,455 Total 7,176 147731 Nel gaift8 on inv881m8nts 24,822 24,822 NET INCOMEIIEXPENDITUREI Tr•n•f•rty b•twwn fund• 19.050) 17.646 8.596 N•t mov•m•nt In lund• (14.050} 5,oc*) 17,646 8,596 RECONCILIAnON OF FUNDS Total funds bnxsght lOa 74,343 83.314 1.612,876 1,770,533 TOTAL FUNDS CARRIED FORWARD ,293 1630 522 1779 129 12. TANGIBLE FIXED ASSETS Freehold property COST At 1st JaTrdary 2025 And 31st December 2025 NET BOOK VALUE At 31st December 2025 At 31st Oecember 2024 so0.0 The freehjd property was broht ¥)to th¥ aoywnts 1 January 21x12 using a valuation ma(le by Ihe trustg9s as its deemed histori1 rst pell continued...
Quoèn Elizaboth Alm$hou$ Tradlng as SIX Mastorn. Charlt Not•¥ to the Financial St•tem•nts - eontinu•d for lh• Y•ar End•d 31st D•e•mbgf 2025 13. FIXED ASSET INVESTMENTS Listed investmènts MARKET VALUE At 1st January 2025 Addltions Disposals Revaluations 1.126.797 55d,484 1577,2031 101318 At 31sl December 2025 1,205.396 NET BOOK VALUE At 31st DeMr 2025 1205.396 Al 31st Oecember 2024 1.128 797 14. DEBTORS.. AMOUNTS FALLING DUE IMTHIN ONE YEAR 2025 2024 Maintonanco charg8 dabtors Other debtors Prepayrn8nts and accnJ8d incom• 1.080 2.762 6,352 15. CURRENT ASSET INVESTMEP4TS 2025 2024 FIx8d tarm deF#)sil aUnt 16. CREDITORS: AMOUNTS FALLING DUE wrrHIM ONE YEAR 202S 2024 Trade crodltors Delerred Incom 2,775 3,150 3.940 3.490 Déferred nrne relates to rnalntenar ¢horp¥ inv(¥cad to resld8nts ofth• alff4ttou in advance ol tha p8rfod lo which they relate. Ptye 12 continued...
Qu••n Ellzabeth Alrnshou$oS Tradlng as SIX Mast•rs' Charitles Il)tes to the Flnancl•l Slalements - ¢¢)ntinued for th• Y••r Ended 31st December 2025 17. MOVEMENT IN FUNDS Transfws between tunds movemenl in funds At 31.12.25 At 1.1.25 Unrestricted lun General unrestricted fund 60293 (3,1631 11,000) 56.130 Re#trl¢t•d lund• Extraorilinary repair fuTh 88.314 1,000 89.314 Endowm•nt fund• Capital held in buildings and irwestrTwts 1.630.522 91.702 1.722,224 TOTAL FUNDS 1887 868 Not mov•m¢nt In lunds. kndud•d in abm are as fdkm.. Incomirvj Gains and loss8s Movernenl In funds Unmtrl¢t•d funds G?re1 unrestnthj fvnd 118.675 1121.8381 13,1031 Endowm•nt lund8 Capital held In buildiThJs and investments (9,8171 101,319 91,702 TOTAL FUNOS 118075 131 101 319 Comparntlv• fi)r mov•m•nt In fund• N8t mov&m8nl In funds Transfers b8ts¥een fvnds At 31.12.24 At 1.1.24 UnrtrICt• lund• Gèn8ral unr8striet6d lund 74,343 (9.0501 15,0001 80,293 R••trlctsd lunds Extraordinary repair fund 83,314 5,000 88,314 Endowm•nt lund• C8Pltal hold In buildin9$ and investn 1.612,876 17,646 1.630.522 TOTAL FUNDS 1 770 533 1779 129 Pago 13 ntinu8d...
Qu••n EllIath Almshous•• Tradl•)g as SIX IAastsrs' Charlil•s Not¢• to the FinJn¢io1 St¥tements- wttinued forth• Yr Endg0 31st Doc•mb•r 2025 17. MOVEMENT IN FUNDS- contlnued Comparative net rnovement in lunds. IV(led in Ihe atthe 8re as frAtYWS'. IncomiThJ Gains aThJ h)sses Movement in funds Unr•$trlctsd fvnd• Genèral unrestricted fvnd 131,505 1140.5551 19,0501 Endowm•nt fun¢h Capital held in buildings and irwest (7,1761 24,822 17.646 TOTAL FUNOS 147 7311 PURPOSE OF EACH FUND The LJnre5trict8d 98n8ral lunds are usèd lor Ihe day trj d#y running of the charity and the provjsion of gr8nts In accordanc& Iha trust dè8d. Th8 balancè repf8sonts accumtslatad funds avallatAè fof fvtur• •xwndlture. The restrtct8d extraordlnary repalr fvnds are a requlremenl of the charitys govemin9 document for the purpose of providing for the exiTaordinary repair. improvement or rebjihling of ihe alhOuse$ belonging to the charity. Transfers aro mad8 into the extraordThry rnpBirfiJnd5 each year, %thlch is a requirem8rrt of ihe trust d88d. The endowment ftjnds arose on the forma¢>on ol the tharity. The wrpose of the endowment ndS is to provide to achieve the general objectives ol the thanty. The capital of the endowm8nt cannot be expended. TRANSFERS BETWEEN FUNDS The trust deed requireB Ihal • tr8nsler 18 m8d¢ into the exlrnordinary repair fund each ye8r from unroslrictod lund8 of al18ast £780. This year an arTK)unl of £1,000 been trnnslerred 10 thg gxtrMJin8ry rgpair fund. RELATED PARTr DISCLOSURES Tr& warn no reLgt8d party tranclI)n3 for tha yaar 31st 2025. Pagè 14