Trustees Annual Re
Pu
fcha
To prDv6de accornmodatlon for low-lncome Indlviduals wlthln the Parlsh of Klngswear.
The Charlty provldes four almshouses for the provlslon of the abcNe. There Is also a Trust
Room that previously provided a meetlng place for the communlty but havlng stood emptv
r two years it Is now utilised by a local artlst for a prlvate studio. Thls provldes the charlty
wtth additlonal contributions whlle keeping the room In use.
The charlty has achieved the alms stated above.
All the alrnshouses are occupled and the charlty malntalns them to a hlgh standard both
internally and externally.
Financial revlew
Please refer to the financial report. The charity is in a healthy financlal position,
Reserves are held to be able to meet the expenses of maintainlng the almshouses and the
Trust Room. The building Is Ilsted and requlres regular and at times costly malntenance.
Governance
The Trust has a Trust Deed as its governing document and it is run by a small body of
voluntary trustees. Four quarterly meetings are held and trustees take on specific roles as
necessary to ensure the almshouses and the residents are properly served.
Trustees
As named on your webslte
Declaratlon
stees declare that they approve the Trustees report above
half of the Trustees
si
on
lan Fraser ( Chalr )
Date
Rlchard Jones ( Secretary ) Date
/fiF/Z6,

Sarah Roope Almshouse Trust
Financial Statement 1st January 2025 to 1st December2025
Recelpls
202S
2024
Resldents Contributlon
14.400.
14.400.00
Trust Room Conlrlbutlons
4.800.1)0
4.800.¢y)
Interest on CurrentAccount
51.02
Sundry Income
Total Recelpt$
£19,555.98
19.253.87
Expendlture
Insurance
1,169.35
1.135.73
Bank Charges
60.75
Repalfs and Malntenace
481.00
6,870.07
Flre Saltsty
881.76
738.08
Almshouse AssocSation
275.00
267.00
TV Llcences
15.(Kl
30.00
Totèl Expendlture
2.88111
9.101.63
Net Incomg before Interest
166n.87
lo.￿￿4
Investment on Interest
M&G ISept24- Sept251
8918.88
12259.55
Epworth
5612.31
3980.73
Total Net Income
31205.06
26.39152

Sarah Roope Almshouse Trust
Statement olAsset$
2025
2024
Caf BankAc¢out Current
28920.20
22246.33
Epworth Cash Fund
121801.26
1(6188.95
M & G (Sept 251
105544.97
96626.09
Petty Cash
2.15
2.15
TotalAssrfs
225063.52
Difference between 24 and 25 net assets Is
ch reconciles lo Net Income generated
31205.06
I have revlewed the accountlng records fortheyear ended 3111212025
ancl believe them to feflect thetiue linanclal position of the trust
A H Swalnston
Hon Revtewei
Dale