The Basingstoke Chartties Registered Charity No. 204040 ANNUAL REPORT and FINANCIAL STATEMENTS for the year ended 31st March 2025 Slr James Deane Alm•hou$es Bank: Lloyds Bank PIC Mayfair House Basingstoke RG21 7JU Independont 8xamin¢r Mr L Fryer ACIS 13 Hartswood Chineham Basingstoke RG24 8SJ
The Basingstoke Charities (Registered Numb8r 204040) TRUSTEES REPORT FOR THE YEAR ENDED 31 IAARCH 2025 The trustees present their report and the financial statements for tha charity for the year ended 31 March 2025. The Chartly Commission Sdrne of 25" March 1960 brought together twenty eight Charities. Those numbered 1- 8 are administered and managed under the title of the Almshouse Charities, those numbered 9- 25 are administered and managed under the trtle of the Charities for the Poor" those numbered 26 - 28 are administered and managed under the trtle of the Charities for the Lecturer. Objects sho. The almshouses Consist of eight Grade Il" listed terrad AL houses built in 1608 and kno%vn as the Sir James Deane Amshouses To manage the Almshouses WFthin the ternis of the scheme for the benefrt of the less well off people in, or wth strong connections wilh the Borough of Basingstoke & Deane. Income from the Almshouse Charities to be applied for the benefit of almspeople and the repair & maintenance of the almshouses. Qba[O To be managed for the less well off people wFthin the Borough of Basingstoke & Deane either amentIng the income of the Almshouse Charities or for the benefft of similar people in the area at the discretion of the Trustees. Qballt To be managed for the benefft of the incumbent of the Parish of Basingstoke and used at hislher discretion. In furtherance of these activrties, but nol further or other¥Se, the powers of the charity are as set out in its scheme. Oryanlsatlonal Structure The Charrties are govemed by trustees. The Trustees meet at ast three times year and make all de¢isions relatsng to the Chartty. Revlew of activitie$ During the year £240 was grfled to the residents of Sir James Deane alm$houses from the Charities for the Poor. There were no void penod during tt)e year. Work identified in the quinquennial survey was corrtinued atthough completion of all the works is a mutti-year project. The works identrfied are regularfy reviewed by the trustees. Other routine maintenance tasks re undertaken as required. The availabilrty or tradespeople to undertake work. continued to be a problem, with some non-urgent works being delayed. Page 1
Financlal Reviv Follon9 a review, the Trustees agreed to move to Reoipts arKI Payments accounting. This year5 accounts are reported in that fonnat. Pnor year figures have been adjusted to remove accruals reported last year. Th8 income from resident contribLrtions was £23,975 (previous year £22,226}. The Charrty continued to rebuild up rts long tenn reserves folloviing their deplon due to expenditure on the roof refurbishment The Extraordinary Repair Fund (ERF) continued to be replenished investment of £400 per month being allocated to this fund. Whilst no ERF expendrture is expected in the short term, rt is fett prudent to have more funds available as the costs of works is increasing rapidly with a higher inflation rate. A review during the year, identified the need to have over £100.000 in reserves for expected future [je¢l. The ERF currentty stands at around £75,000. Int8rest receivable was £364 (last year £357). Overall there vras a surplus in year of £9,238 (last year £2.277). Plans for fvture perlods In the short term, limewashing the front and east elevations wll be completed to improve the performanc8 of the extemal decorations. The resiting of soak aways to the front of the properties will be undertaken as the e$tIng soak aways are no longer functioning. The refurbishment of the front wndows is being considered, the windows are deteriorating and drfficum to open. The Almshouse Associations guidance on reserves Is being followed. Trusteos As at 31 March 2025, the following Pre the Trustees of the charity.. Mrs E Boutt Cllr J Tustain Mr R W Fergie Mrs C Tiller Mr P Davis Mr R Gardiner Mr N Drury Mrs P Mayer S Nurse Rev J Hudson Cllr P Basham Cllr S Tom Publlc benefft The trustees confinn that they have referred to the guidance contained in the Charity Commission's general guidance on public benefft when reviewing the Charities aims and objectives for the year and in exercising their powers or duties. This report was approved by the trustets on Mrs C Tiller Chaimian of The TrLL%tees Page 2
CHARI FOR EN Independent examinerfs report on the accounts Section A Independent Examiner's Report Rèport to the trusteesl membèrs of The Basingstoke Chantses On accounts for the year ended 31.March 2025 Charity no lif any) 204040 Set out on pages 1and2 I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for the year erKled 31.03.25 Re8ponsibilltlo8 and As the chanty trust88s of tts TNst, you are responsible for the pr8paration of sls of report the accounts in accordance wrth the requirements of the Charrties Act 2011 ('Ihe 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 folloWd the applicable Directions given by the Charity Commission under section 145(51 (b) of the Act. I have completed my examinab'on. I confim) that no matenal matter8 have come to my attention in connection wrth the examinatson which gives me cause to believe that in, any material respect: 1" a¢¢ounttng records were not kept in accordance with section 130 of the Act or 2.the accounts do not accord with the accounts'ng records Ind•p•ndent examinerfs statement I have no ¢oncems and have come a¢ross no other matters in connection wth the examination to which attention should be drawn in order to enab18 a proper understanding of the accounts to be reached. . Please delete the words in the brackets if they do not 8ppIy. Date: 26.09.25 Signed: Name: Leslie Fryer Relovant professional qualification(sl or l>ody (if any): Chartered Secretary Intemats'onal Accountant Address: 13 Hartswood Chineham Basingstoke RG24 8SJ IER October 2018
Section B Disclosure Only complete rf the examiner needs to highlight matters of concem (see CC32. Independent examinats'on of chanty accounts." directions and guidance for examiners). Give here brief details of any items that the examiner wlshes to disclosè.
CHARITY COMMISSIO FOR ENfjiAND AND WAL Receipts and payments accounts CC16a Forthè par fr¢)m To 01Thr2 3110Y25 Section A Receipts and payments Unrestrict•d lunds Restricted Endowment Totsl funds Last yoar A1 R8c81 ReS¢ts clbl)n 25.975 1.013 21226 1.013 tfjrg¥t [eNed JST Fgn 563 DtsnAbOllS 7t Sub total(Gross income forAR 2 Asset and invulm•nt •al•s, 800 t*blo . 27.184 27,1 23,819 Sub total Tol•l rnc 23 A3P onts G•net81 iunnkno Go co 11.242 1S,$48 $22 1.251 Chri&im•s ¥tt1181 bxyyb P4ym•n¢totho Leclw 3S3 363 29 Sub toe• A589t and In¥tstmefrt pur¢hues. laeo lablel Tw¥lor8 lo ERF Sub tots Totalpa N•t ol rew'pts/(paym•nts AS Transtsrs between fvndB A6 Cash funds lasi year end Cash funds thls year Pa98 6
Section B Statement of assets and liabilities at the end of the period Unrestricted Rè&tricte¢l funds Endwnent fvn(ts Categories Detai15 ton•areEt£ 81 Cash funds 19J81 CAh alCOIF Total cash funds 26,890 endowment funth funds to n•14 DÈtalls C••tloF41on• CurT•nt Valufr Details ERF B3 Inv••tmont 1••t• ERF 71.334 23.yg Curw•nt VAI Details B4 r•taln•d for th• ¢harity'8 own u 1h26,fy)0 Details lopUoN BS Llabllltle• SiunÈd by orE Orts0ton beh&Wof atl ts trtee¥ Prinl Nam Date of roval MT R Gardir reasurer Mts C Tilkr Chair Pay6