RE(ISTERED CHARITY NVMBEK. 203141 FOR THE YEAR ENDED 31 DECEMBER 2025 THE PERRY ALMSHOUSE CHARITY CONTENTS OF THE FINANCIAL sfATEMENIS FOR THE YEAR ENDED 31 DECEMBER 2025 Tru5tee5' Report Independent Exami￿5 Rer ststement of Finandal Attivltles BalarKe Sheet Notes to the Financial Statements 7-14 Detailed ststement of finarKial activibes 16 THE PERRY ALMSHOUSES CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Trustees present their annual report and the finan(ial stst&nents for the year ended 31 De￿mber 2025. OBJECTIVES AND ACTivrriES The objeclrve of the Charity is to maintain the prDWtres knoym as The Pery Almshouses frjr the pU￿oSe (rf providing accommodation to persor6 aged over S￿LY. who are preferabty practising members of a Christian Church resicbng in the Civil Parish of wIntert￿ume and who comtAy with ¢¢rtain other coni*iions as speofEd 4n a scheme sealed by the Charity Cornmissioners in 1991 The TTuslees have regard lo the gUida￿e ISSU￿ by the Charity Cc¥nmlssK￿ on public benefit. The chaiity receives fvnds from charges raised on residents in the of maintenance fe8s. Th8 charges are raised to Gov￿ the costs of promding support aNJ seThi￿ to the residents and maintenance ofthe grounds and eq￿pm￿￿. ACHIEVEMENTS AND PERFORMANCE Achievements and PerfLYmance In 2025, the Charity ￿jc￿SfuIfy rffovtded affordable housing sdutior* to ten residents who maintain strong connections with the local [￿riSti. This iniliative nDt only alleviated pressure on public services but also Wped to strengthen community ttes thin the area. Throughwt Ihe reporting period, a range of essential property repakfs were undertaken. with lotal expenditure amounting to £9,196. These works ensured Ihat the properties o)ntinued to meet fundamental safety requirements. as well as providww a ContenwC￿ry level of comfort and facilits.es in line V￿th modem livirvJ standards. Addilion8lly, a plamgd programme amed at improving energy was implemente(L This indud8d makFng enhancements to pyopetty heating systems and wM3rading wirKk)ws. contributing lo improved energy perfOrn￿ across the alm$￿se properbes. A pro-active approath to cydical and property Maintenan￿ ensured all governan￿ arKI regulatory compliance reqL&irements were met positively within des13na￿ bjdgets. A full base line assessment of the energy perf0mlan￿ of each property has teen undertaken to allow the Trustees to plan and Im￿ement a kknned progfamme of improvemertls over the medium lo longer lem pericrtl. FINANCIAL REVIEW During the year Maintenance conlrikxrtlor￿ amcAJnted to £41.452 {2024 - £39.621) and income from investments and granttolal £1.718 {2024-£2.985)- The overall surphjs tsthe yearamounled to £14,012 12024 - £6.873}. ExperKliture foT al n￿Inte￿8F￿ and rJ0veMaT￿ acllvitss were congruent with tthget forecasts. ReseNes policy The Truslees have an approved Reserves Policy which is reviewed annually. The Tnjstees take the view that reserves are essential to maintain the ongoing viability of the charity. The ExtraordinBry Rep8ir Fund (ERF) amounting to £32.132 {2024- £27,745) is a design8ted fund which will be used for future maior expenditure. The fund is invested in awjmulation shares and in a Common Investment Fund. The CYdi￿1 MaIntenar￿ Fund {CMF) amounting to £10,367 12024-£9,305) is a designated fund to whith transfels are made from Income and Expendilure Accoltnl and is used to meet Maintenan￿ costs ctcurring at regular intervals. The Trustees recognise the need to have sufficient funds in reserve readily available as. orconvertlble into, cash to cover day lo day expenditure, espeGially in the ever*t thal there is a raduGtion in MoTrlhly maintenar￿8 Contribubon {MMC) in￿rne fcAlowing the departure of residents pending new resldents belng appointed. In order to mitigate It￿$ risk. the trustees have calcLdated that free feserves of £4,000 byould be neede(I to allow the tharity THE PERRY ALMSHOUSES CHARITY TRUSTEES. REPORT (Continued) tooperatefor atleast t2monthswiknt IrmTh￿ frc*n one h(yJse'5 MMC. A8 at31 D￿Mber2¢y25, the balance of unrestricied funds held was £2.614.837 (2024 - £2.606,274) arKS the baance of designated funds held was £42,49912024- £37,050). The Value for Money Statement and Matrix has been rEvi8wed, and the Trustees have concluded thal the Matrices are rnt relevantto. arKI Iherefore do not apFty to. the P8rry Almshouses. STRUCT￿ GO￿￿RNANcE AND IW4AGEMEKr Governing Document The Pery PJmshouse Charity is an unincorpNated charity. tt was estatlished under a trust deed in 1851. It 18 a registered tharity. number 203141. A new ￿VernIng scheme was sealed by the Charity Comfflissw)fters OTr 21 JaFtuary 1993 and arRend￿0[￿4 August 20$1 and ￿ July 20t8. Trustees The body of Trustees conslsts of the Rectr)r of IYHrterboume tcgethervilh five cthopted TnJste8S who shall be persons w￿, through residence. ￿patIOn or emptoyment, (x othew$e. have special knowledge of the area of the Ancaent Parish of Winterboume and are appointed al a full meeting ofincumbent Tn]stee& New trusteesare sel&ted apP￿nted.knY the existingTrLtstee& When appointing a ne•V Trustees consideration is given to the skills the new trustees may po&8ess as well as their knovAedge and urMlerstanthThJ of the commu[￿ty ttw serve. Risk Management The Trustees ofthe Pery Aknshimjse Charitrab18 Trust r8(x)gnise and a￿ept their responsibilities to ensu￿ that risk management 1$ 8pproached 0￿prehenSiV￿Y throughout the organi5ati0n. The Trustees will regularfy rewew Ihe risks il faces in au areas of Fts WOTk, assess these risks to detemiine their severity and the likelhctsj OfcWJrren￿ and tske appropriate action to managg risks that have been identified. Registered Name (rfchaiiiy. The Pery Almshouses Registered Charity Number. 203141 Wintethume BRISTOL BS36 1JZ Tnjstees: Rev. M StrarvJe (Chair) Relired 25th Novemb8r 202X Mrs D Rix (Deputy Chair) (Chair 26th November- present) MF D Hutchiros (Deptty Chair 26th Novembef- present> Mr R Clinmer Mr J Walker THE PERRY ALMSHOUSES CHARITY TRUSTEES. REPORT (Continuod) The Trust's principal advisers a￿ as fo[kN￿. Solicito (￿lIandS 16 Mil Streel Maidstone Kent ME15 6xr Bank&rs The Co-operative Bank (Business) PO Box 250 Skekner8d* WN8 6V Indepéndent Examiner Dunkley s Chartered Cerbfied A(xx)untants W(x)dlands Grange Woodlands Lane Brad￿ Stoke BRISTOL 8S32 4JY STATEMEFif OF TRUSTEES. RESPoNSJBiur￿s The Truslees are respork8ible for wepartNJ Ihe Rep*ytofthe Tr￿tee5 and the statements in accordance with applicable18w UThted AcoJmliThJ Stsndards (United Kingdom Generally Accepted AccountiThJ Practi￿). The law ap￿ICable to chartbos in England atKI Wales. the Chartties Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepwe financial statements for each finanaal year ￿1¢h give a true and fair view of the slate of affairs of the chanty and of the irmming resour￿ and application of resources, including the incom& and expenditure. of the tharity for that period. In preparing those financial statemenls. Ihe trustees are required to select suitable accounting poliLaes and then apFty them ￿nsIStenty. observe the methods and princip18s in the Charity SORP. make judgements and estimates that are reasonable and prudenl. prepare the financial statements on the going concem basis unless Ti is inappropriate to presume that tha charity will C￿ltinUe in t>usiness. The truste85 ar8 r8sponsible for keeping prcyer a￿nIl￿g rec¥)rds whith disclose with reasonable accuracy at any time the financial kThition of the tharity arKI to enable them to ensure that the financial statsments comply wth the Charii(ès Act 2011, the Charity (Accounts and Rèports) Regulations 2008 and the provisions ofthe trust deed. They are also responsible for safeguarding the assets of the charity and hence for laking reasonable steps for the prevention and deteclion of fraud and olher irregular￿e6. Approv￿ by the trustees and ￿gned on Iheir behaff ty. Mrs D Rix Chair of Trustses Mr D Huthiros Trustee Dats: * os INDEPENDE￿ EXAMINEWS REPORTTO THE TRLSTEESOF THE PERRY ALMSHOUSES CHARirY Independent WAaminerfs fQPOrtto thetr￿S￿5 rfThe PerryAlmshouses Charity I report to the charity trustees ¢>n my examination of the accounts of The Perry Alrrshouse5 Charity (the TTUStI for the year ended 31 December 2025. Responslbllhles and basls of roport the charity trustees of the Tnjst you arè respon%ble for the preparation of the accounts in accortlance with the requirements of the Charities 2011 {*he ACVI. I report in respect of my examination of the Trust's accounts ca￿1ed out under Section 145 of the Act and in C3Trying out my examination I have followed all applicable Direction5 gNen byt1￿ Charity Commission under Section 14515llbl of the Act. Independent examinerfs statemert I have completed my examination. I confimi that no material matters have come to my attention in connertion wlth the examination 8NFnE me cause to believethat in any material respect: a¢¢otsntfing records were not kept in respect of theTrust as required by Section 130 of the Art; or the 4cwunls.do not ￿(Or.dWith those rth¥' or the accounts do not compty 7Mth the applTrca￿e requirements Con￿mIng the fomi and content of accounts set out inthe Charlties IA¢countsand Reportsl Regulations 2(K18 otherthan any requirementthat the accourbts give a true and fair wew which 15 not a mattèr wsidered as part of an independent examination. I have Ao ctsn¢ems and haye tome xrJXSA¢&athtt mattets in con1￿CtIon with th&examiRation t&which attèntion should ￿ drawn In this rep)rt in order to enth a proper ut)derstanding of the accounts to be reached. Matthew Dobbins FCA Dunkley's Chartered CertIf￿d Accountants Woodlands Grange Woodlands Lane Bradley Stoke Bristol B532 41Y 03/c£* l trz6 THE PERRY AIMSNOLtsf OIARnY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestr1rt￿ De5wated Total Fun(ts Funds Funds 2025 Total Fun( 2024 Maintenance contribLrtions Invesunent income Interest receiwdble other income 41.452 426 1.292 41,452 426 1.292 39,621 1.079 43,170 43,17D 42.506 RESOURCES EXPENDED CharTtable acbwties 38,225 38.225 Net incomelloutgfAng) res￿r¢e$ 8.563 4,381 Other recognlsed gains1lknss￿j Gain/llos51 on revaluation of Inve5trnents fievglyation of propertt Transfers between funds 5.449 5,449 2A92 Net movemert in funds io 8563 5.449 14.012 6,873 RKonc1k 11￿0￿ of fund5 Total funds brought fL)rward 2.606274 37,050 2,643324 2,636,451 Total funds carried forward 2.614A37 42.499 2.657.336 2.643,324 The notes ￿ pages 7t0 14 form part of these accowrt> THE PERRY ALMStrtOWE CHAftrrY BALANCE SHEEfAS AT 31 DECEMBER 2025 Total Funds 2025 Total FLFnds 2024 FUTh Funds ZOZS TANGIBLE FIXED ASSETS Housing Properties (Housing A5S0CiatKJn Grant) 2.743.457 {163.457} 2,743.457 1163.4571 2.743,457 1163,457) 2.￿1.( 2,580,ot 2,580,000 OtherTangiblè Fixed Assets 21.W 21,lJ64 IIIVE5TMENTS 42.499 42.499 42,499 42,499 37,050 37,050 CURRENT ASSETS Debtors Cash at bank 1,965 38,785 40,750 1,965 38,785 40,750 1.799 26,076 27,874 CREDrroRS: Amounts Falling due wlthi* ¢)ne Tftar 133411 13,3411 11,6(x)I Net CurrentA55ets 37,409 37.409 26,274 CREDITORS: Amounts Faulngdue aftff one year TOTAL ASSEfs LESS CURRENT UABIUTIES 10 123.6371 2.614.837 23,637 42.499 2.657.336 2.643,324 NET ASSEfs 2,614,837 42,499 2,657.336 2.643.324 Represented by". Total funds li 2.614,837 2,614,837 42,499 2.657.336 42,499 2,657.336 2,643,324 2.643,324 The Trustees approvedthe financial stateD*￿I)￿_-- -.-.- and were signed by: MrsDRiY T￿￿ee5 Mr D Hutchlngs The nots$ on page5 7 to 14 f(wm part of these a¢c THE PEIIRY ALMS11011SE CMARI NOTES TO THE FINANCIAL STA7EMENTS FOR THEYEAR ENDED 31 DECEMBER 2025 PRINCIPAL AccouffflNG FouaES (al BasFs of Preparation The financial statements of the charity. vthich is a public benefft entity Ul￿er FRS 102, have been prepared in accordance with the Ch¥ities SORP IFKS 1021 'Accounting and Reporting by Charities.. Statement of RewmmerKled Prnclice applic4ble to charities preparing their accounts in accordan￿ ¥Ath the Finarnial Reporting Standard applic3ble in the UK and Republic of Ireland IFRS 1021 leffectNe i January 20191,. Finanual ReportirE Stsndard 102 7he Financial Rep(¥t4ng Standard applirable 4n the UK and Republic of Irejand, and the Charities Att 2011. The finarKial st*ements hwe prepared under the historical cost convention. as modified by the revaluation of ￿rtain assets. {b) Income All income is recogni5ed in the Statement of Financial Activities once the charity has entitlementtothe fvnds. it is probablethatthe in¢omewill be ￿￿1ved and the amount can be measured rella1￿y. 1¢) E¥pendtture Liabilities are recognised as expendtture as soon astherè is a legal orconstructtve obligation committing the charity to that experKliture. it is wcknable that a transFer of economic benefrts w211 be required in settjement and the atnount of the objigatirm can be measured reliably. EXpendItu￿ is accounted for on an accruals basis and has been classtfied under heading5 that aggregate all cost related to the category. Where costs cannot be dirertly attrlbutedto part￿￿lar headinR5they have been allocated to actlvitses on 3 basis consistent with the use of resources. Idl Flxed Assels Tangible fixed assets. Induding housing propertie4 are sLited at cost less accumulated depreciation. Individual fixed assets are state(l * c¢)st less accumulated depreciation. DepredatÉun Is Charged ￿ a stra(4ht-line bags over the expected economic useful li￿5 of the assets atthe following annual rates: Fixtures and ffttin85 Over 5 Years (el Housing AssoCi￿on Grant Housing Association Grant IHAGI is paid ￿ the Hous1￿ Corporation to reduce the cost of development, and 15. t1wef￿e, sh(vwn as a deductitin from the c4)5tof HousiA8 Properties in the Balan(£ Sheet HAG is repayable certain drCuMstsn￿. prlmarfly the sale of the property. (4 Revaluatlon of ¢urr•rt asset inve5tThRn15 Current assets investments are stated at market value. Any unreaftsed surplus or deficit risln¥ on rewdluation bf the irn1è5tments 15 rècogn￿￿ the Statement of comprÈhen¥ive Income. The aggregate reafised Surp1￿ or defiat arising on sale of invÈstmÈnts is refletted in the Statement of Comprehensive Income. THE PERRY ALMSHO￿ CHaR￿y NOTES TO THE FINANCIALSTATEMEP4TS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 (gl Finanual In5trw Financial assets and finanaaF liab￿ltieS afe reco8nised when the charity beciNne5 a party to the contractual provisions of the instrument. Trade debtors. other debtors. cash and bank balan￿ are iniiialty measured at trdnsaction price. They ￿ sulJ5eouerrtty measured at amorti5ed co5L u55ng the effectiye interest method. except where amounts fall due ￿thin one year. in whid) case they ￿maIn at the transaction pr1￿ as dsscountTrng is not required for shortterni balan￿5 Where payment terms extend beyond n(Kmal business ternis. or the arrangement includes a financing element, the finanaal asset is measured atthe presentwdlue offuture cash flows, discounted at a market rate of interesL Tradè Credit￿5. loans and accruals are Initial￿ recognised at transartlon pritè and subsequentty meastjred at am(Ktised cost, unless the arrange￿nt constitutes a financing transaction, in which case liabiltties are measured at the present value of future payments discounted at a market rate of interesL Fsnancial assets measured èt cost Of 3moFtw* tost aF@ assessed foF smp3iFment * the reporting date. Any impairment105s is ￿cOgnised in the profst and h)ss account. Reversals of impairment are reco8nlsed Immedlat￿ when the estlm*ed recovÈrable amount increases, promded the revised r3rryinEvalve does not exceed the origtnal Carybng amount had no impairnient occurred. Flnanclal assets and financial liabilities are on￿r offset when the charity ha5 a legatty enforceable right to set off the recognised amtyjnts and intend5 to settle on a net basis or to realise the asset and settle the liabrlrty simultaneously. Ihl Fund accountir un￿StrICted fijnds can be used in accordance withthe charftableobiertfves *the discretion of the trustees. The Tru5tee5 have established designated funds 35 part of their reserves poliry to get aside amounts from unrestrirted funds for Specif￿fUture purFX)ses. The Extraordlnary Repair Fund {ERFI has been established to provKle si8ntr(cant future repair and cawal expenditure. The Cydical Malntenance Fund ICMFI has been established to meet the cost E)f regular maIntena￿e activt*e& THE PERRY ALMSHOUSE CHARiri NOTES TO THE FINANCIALsfATEMEN15 fortheyèar ended 31 DttembeT 202512024-nfil.I CONTINGENT UABILMES The charity has no contingent liabilitie5 or (zpital commitments at the year end. THE PERRY ALMSHOUSE CHARnY NOTESTO THE FINANOALSTATfMEPItS ICOPMNUEDI FOR THE YEAR ENDED 31 DECEMBER 2025 There were no post baEance sheet￿ents. 16 PRIOR YEAR ADJUSTMENT In the prior year financial 5taternents. amounts relatingto de￿gnated fijnds were not separately identified and were indudeil within unrestrirted fund Inthe currert¥e4r. a review..of re5erye5 ha5 fyeen utthrtaken aod(JRsgnaied funds haye been Separate￿ identified in 3c¢ordance with the thartties SORP IFRS 1021. Designated funds represent amovnts set aside for spectrfic purwses but whith remain part of unrestricted funds. As a result, comparative figures have been rwesented to split designated funds from general unrestricted funds. This has resulted in £37,050 being redassified from unrestritted fvnds Ipreviousjy reported rotal of £2.643,3241 to designated fvnds. The balaft￿ of designated funds at ihe wrenl year elld is £4L499. This reclassification has no impatt on total fvnds or net movement in funds for the prior year. THE FOLLOWING PAGE DOES NOT FORM PART OFTHEsfATUTORY ACCOUNTS Page-16 THE PERRY ALMSHOUSE CHARftY DEr￿LED STATEMEiifoF HNANCIALACTivmES FOR THE YEAR ENDED 310ECEMBER 2025 Trtal fvnds Total funds 2025 2024 INCOME m31ntenan￿ contrbutions 41,452 426 41,452 426 39,621 Investment income Interest re¢eNable L292 1.292 1.079 1,51]0 Other incomÈ Totollncomirtg resour¢ 43,170 43,170 42,606 EXPENDITURE Management expenses: Property insurance Subsciiptions Management fees Atcountsncy Administratorfs recompense TV licen 2,901 1,086 2,495 793 1.086 2,348 10,392 1.600 11385 38 10.392 Legal and Professional Depreciation 1,348 5266 5.266 Ser¥lce costs: Elethicity 2.034 2.034 930 Repairs and maintenante. Day to day repairs 9.196 20.984 3&U5 Netrncomebelore qolns aftd 8.563 8.563 4,381 Gain/(lo￿l on waluatlon of investments Revaluation on wopertv Transfers be￿een fLEnds 5.449 5.449 2,492 Netinctin￿/feXPen(rrtUreI 8J63 5M9 ,0 6A73