2024-12-31-accounts

The Holdway Almshouse Charity Charity number 20419J Annual Report Year ended 31 December 2024 I IiÉ:tfii RcbJis*r¢d 0￿•Ce. 37 Charlts)n Ro&1. A￿ver. Flants SPIO 3JFI

The Holdway Almshouse Charity Annual Report Year ended 31 December 2024

Table of Contents

Trustees' Report ............................................................................................................... 1 Trustees during the year .......................................................................................................... 1 Governing document ............................................................................................................... 1 Appointment of trustees .......................................................................................................... 1 Objects and activities ............................................................................................................... 1 Achievements and performance during the year ....................................................................... 2 Reserves policy ........................................................................................................................ 2 Financial review ....................................................................................................................... 3 Declaration .............................................................................................................................. 3 Receipts and Payments .................................................................................................... 4 Statement of Assets and Liabilities ................................................................................... 5 Notes to the Financial Statements .................................................................................... 6 Note 1: Investment assets ....................................................................................................... 6 Note 2: Designated funds ........................................................................................................ 6 Independent Examiner's Report ....................................................................................... 7

The Holdw￿, Almshousc Charit), Annual Rcp)rt Year ended 31 D￿ern￿ 2024 Trustees, Report Trustees durin8 the year l)aft L ulle).. nominalii'e tru￿ee aP￿in1¢d b). Si Mary lJounK Parish Council. Resigned Iwiron Juli. ?0?" Sandrd (iTunscll. Iru51cc (ilcndu Mew. in￿1¢¢ Penn!. W'(KyJ. nominaiii'¢ tyust¢e app)ind ￿. Si MaTh' Iloume Parish Council. NtOm1n￿td as chair 21 Juli. 20?. Rcsis￿d as chair on 2V June 202$ Joann¢ Ex4lb)'. (Chair) trus1￿. aMx)in1￿ I l Dcccmtv ffj?3. Nomirnicd &5 ¢haiT ?P Junc 20?5 Governin8 document The I lolday Almskk)use Charity is Con￿lIu1¢d b>. the Scheme dated 12 January, 1984. as b). Schcmc daicd )8 .4wil 1997. as amendd on 161)ecember 2021. The Trt￿l is a reyistered clwiiy. numkn 2(H19i. Appointment of trustees Th¢r¢ are fiv¢ 1nisiL￿." noMin￿ed ￿, Si .Mar)' Boum¢ Parish Council ￿{ thffe co￿1¢d. l)ail)' businw is carried oui by a w-lime. Salari￿ CI¢Tk iruAtt& r¢p￿Ing lo t C hair of Durinb, the linanLial )'ear this rolL uui M, Kiith%' I lan￿. Th¢ SchLmK rcquircs a minimum of tru￿¢¢ mcdings a )ear. Obiects and aciivilies Thc InL￿ PTOi'idcs rcsidcnlial accomm(Ntsiion for n¢¢d)' m¢D and w"om¢n ol-good character tho hai'l altsin￿ lh¢ ag¢ of 55 aTrJ arr I￿•d¢n1 ai ihc iinK of ap￿inim¢nl in ihe parish of Si lar•. llouff￿. lThe iTuiI (jr¥k. ? li5d w'rrx¥ ol" lour 5¢1r-wn￿lmj almsho￿¢$ lo Ca￿ this pur￿￿¢. The almsPM)uses are 1- 414oldw.ay C￿￿8¢S. Si Mar>. Ilowne. The IrU￿ is a mcmiv Almshous¢ AsxYiation aNI of the Housinbb Omlxmlynan The trustees have h1 due ¥e8ard io the bluida￿e ISS￿%1 ￿. th¢ c￿￿tiV Commi&%ion on public bcnefil in ex¢￿1$1n8 an%. FX)wm and duiics ￿ ￿hleh the Buidance is relei'ani.

I lold￿Y AlmShOL￿ Charily Annual Rep(irt Year eth 31 D¢c¢mb¢r ?0?4 Achievements and performance durin8 the year The alnL8hou5¢5 Wtre lull) (Klupied for th¢ ￿'1￿￿k )'¢4T. Thc qUInq￿nn7ul in4xdion w'as carrt¢d oul in Ma). ?￿? A small arnounl ofrcmedial 'a5 idcnlilied as kinb nLYthd io ik. rwfand Ihis ￿"aS complcied in ihe i'ear. 'lthc Intyic¢s hai'e also d￿,¢10rd a 5-1'rar ¢%'¢li¢al rnainlcnancl prob¥rJmm¢ up to th¢ ncxi quinqu¢nniaJ ins￿¢(10n. All v¢sideni$ were i'isitsd To￿1n¢1Y lo di5CU5s mainwwKe issues aAI (k mana8￿1￿￿1 ofihe almshous￿. Reserves policy Thc tru¢cs of HoldM•v Almsknus¢ Charity tsk¢ ik i'ie¥A. reserves CSs¢niial io mainlain the on8oing %'iability ol. tIK ¢haTih'. The In￿ mainwins an r.xtsaoTdinaTh Repair Fund. lo fund major repair or refuTbikni on Ihe aImhou￿& and a C Yclical Mainl¢nan¢c FuThJ. io roulinc c)'clical mainicnantt weh s dfforniing. loiili￿ refurbishm¢M and the CO￿ of the qUiT4urnnial insrrtclion. lThe EloldMa)' AlrnshoU￿ Charii%' will toll0￿ ik Almshou5¢ Akgxiulion s ftXMTrmm¢ndcd minimurn amounL% lor iransfcr io the Exlraordinar' R¢pairs FurKI IE-.RFI and th¢ C%'cliLal NliiiniLnanLL Fund (L"MTr ) ¢&h )'¢ar. Thc5c aTe deSib•nJlL￿ and rwrd¢d y5 Ir¢e reSi'Th,L￿. Accordingl!.. in￿tt5 hai'¢ 4.reed ilkit a sum of £6.47? k tr4n5ferrLbd (rom bpencrnl rcsm'c& £4.016 lo tk Ciclial MainiLnance FWKI and £?.556 lo the I.￿￿￿rdInary Ryir FurKI. R¢￿rid¢d funds ar(. alio e.x¢1￿1(trd from r¢smC5 bul Ihc nalur¢ aThl amouni oran!. such funds ' imp￿1 lh¢ R¢S¢Th.￿ Polirv. wini for cal¢ulaitng ro¢p'¢S ￿111 norn)allN ihc unr¢striLi¢J funds. part ofilK5¢ ma). noi ￿ rn'adjl%' aiailabl¢ for ¥thlinb? and mav be ex¢ludcd Irom R￿￿5. This ill L￿gible fix¢d as￿￿ aThl any prosramnK relaial inN'¢31nKnlS. The Holdwiy Almshouse Chwiiy recognises the ￿v¢ suflicieni funds in rexr¥'¢s r¢JilN" a4'ailable a& or ¢on¥'ertiblc into. c&sh io co%'¢r d41. lo dth" eX￿￿di1ur¢. wiall!. in i VI eni thai i￿rE. is a rcdwlion in Il'%IC incvnK. follo￿7ng Ihc dcrArtur¢ of rn'sidlnis ￿￿ling ncth. residen15 b¢ing apwinid. In ordcr io milibiaic ihis risk.. Ihc inLsl¢¢% hai'L LalLulaiLd thal rr¢L" rrxp+C5 of £17.4￿ Mryld bc needed lo allo￿ rlwilv io operalc for ai leasl 6 monihs. wit1k)￿ inc(vn¢ from WMC. The level ofr¢5mrs will kqx rn'iew ihrouglKArt year bv the TnL%ie

Holdu7!, AlmsFM)us¢ Charity Annual Rwrt Y¢ar mkd 31 t)￿¢Mb￿ 20?4 Financial review Th¢ In￿1 h¢ld grncrnl T¢Smts of L?83.IX•5. le&$ the r(w1v cam'ing l.a1￿ of £20.1 $6. and dL%i¥inaicd fun&s 01" £9i.I18 ai 31 lknemlKY 9024. "IIKYe M'erc no reslriclcd funds ai 31 I)￿emb¢r 2074. r¢KTh'¢5 and designaied funds are held mainly in cash and in￿￿1)ents. Invesimenls are hL'ld M ith AL%•on Cofunds and b). Murdoch ManabTrcm¢nt io proi'il folio M iih a balanccd risk profil¢ and ww1h ini'cqmcni obj¢di%'c Hthich 8cn¢ral¢ a susiainablc ￿luM w hclp (k.li%'Lr objLxts of thL" Lharii>". Th¢ weeklv main￿￿￿¢ Contrib￿10￿$ have historicalli. been sd ai ￿ of the assessed fair rlml. Il rti iLi¥ carried oui in ?O?O b). thc Valuaiion oificl ilb?ImC)', At thcir m¢¢iin¥ on ?2 April ?U? l ilK iTUSlCCS wnsidcr¢d ik ¢ufr¢rn i'aluaiion and agri¢d io hold ¢()nlriiwlions at th¢ s#mL l¢i"¢l lor ilK n¢xi )'cars. Thi. Tcd￿ ih¢ ¢oniribulions ￿ around 7.syo or Ihe a&¥LT￿d fair tenL The appro￿ An annuol aThl ￿0BleSS aBainA IMIBa ihrouBh ihe %'¢ar. Declaration Th¢ iruskcs de¢larc th￿ th), approvcd alx)i'e trusl¢es le￿rt on * OdobLY ?0?5. Sibrtd on ￿halforth¢ chaTiiy 5 ITu51¢¢5 J-) Iko JoanDL F.¥Llb%' Lhair ol"dk' trUSlLYS

Holdw7y Alm5housc ChaTilv Annual RLlXIrt Year 31 IXxLinlKY ?V?4 Receipts and Payments Iksi8naid 1.otal Receipis 'cL"kl%' mainienance contrib￿lOn5 Elcalinbi cnnlribuiion Totsl Receipts Payments Pn¥xrf)'Nl￿￿i,Y In5uran¢ War. he￿Ing & comMw￿l pow Vaami rKop¢M.' ¢051s Roulin¢ mainl¢n4n¢¢ & T¢￿115 Lxiraordin4rn r¢lurbi>hmcnl costs - IAndscapiftb TrfQlpro￿r￿'lm￿?p1¢￿s 25.197 1.080 25.197 1.080 1656 ?6.?77 {719) {4.889) (719) 148891 1801) 14.878) (3.932) 15J40) (9.?72) (o) (o 10.884 9.540 5.-740 14.8801 ,Ilun<ixem¢nl ￿51￿¢￿1.$ Clcrk s sulaTh' Trninin¥* ¢05 SwKlr•' oifice cos Profc&5ional [¢￿ & sub￿nN10n$ Accounls & indcwKl¢nt ¢xllminalion Bank Ices ChJrithbl¢ doNIiofts 7iNul 14.394 (o (374 (6141 15581 14.9341 (01 (37491 16141 14.(K19) (?85) 175 {5?4 1540) (60) 1601 6.540 6.540 6.393 Total Paymen Net receiptsl(payments) for the year Transfer beiween funds (16.080) (5.340) (?1.4?01 (17.?77) 10.197 10.47?) (5.340) 6.47? 4.857 7.?52 Cash funds lasi year end 74.4?1 21.223 95.644 88.392 Cash funds this year end 78.146 22.-155 100.501

Thc Holdm?!, AlmslN>u5¢ Charity Annual Riytyrt Y¢ar cn(Icd 31 t)CLL'mlK'r ?0?4 Statement of Assets and Liabilities Genernl r)esignad fuNIs (Nol¢ 2) Tolal funds Cash funds Cash ai bank 78.146 2?J55 I(￿￿.501 Invesiment assets (Note l ) Inve￿ed through .Murth)¢h Awl MaMBcmenl 184 ?05 V_663 256.868 Assets relained for the charity's own use rL'Lhuld Pro￿￿> 20.156 20.156 Totsl assets 8? 507 95.018 377.5?5 'These finuncial sthicments ap￿0￿d by th¢ tr￿￿e¢s on 8 (knolKY 20?5 and ar¢ si8￿d on ihcir ￿haIr b). -L JIMnnL r..¥clbi' C hair

The Holdwil Almsknw¢ Chariiy Annual Rcp()rl Year cnded 311)eLx'mlKY ?0?4 Notes to the Financial Statements Note I: Investment assets CILlical Gcncrnl malnlcna￿C Ex￿￿rdInary lund fuTMI rcpair fund Totsl Val￿ at l Jjnuary ?￿4 174.707 23J04 45.612 243.623 'el Ilows)184ins on re%'aluwion 9.498 1267 2.480 13.245 Markd l.a1￿ ￿ 31 Dckymkr 20?4 ?4.571 48.09? ?56.868 66.197 16.841 19.993 103.031 Note 2: Designated funds C)'cli¢al maini¢roKe Ixirth)rdinllTh' desibinaied fund 'pair l'u￿1 rur Baiance ￿ l January. 20?4 49.018 41.1?1 90.139 TTrtsf¢r from g¢￿iral fuNb 4.016 2.456 6.4n Net pymcnts -5.340 Revdluaiion of ini'estmen 1267 3.747 1141an¢¢ 4131 Dccemi*r 20?4 48.961 46.057 95.018 C45h ￿ bank Ini'¢51menl a

Section A

CHARITY COMMISSION FOR ENGLAND AND WALES

Independent examiner's report on the accounts

Independent Examiner's Report

Report to the trustees/ I members of The Holdway Almshouse Charity

On accounts for the year 31st December 2024 ended

Charity no 204193 (if any)

Set out on pages 4 to 6

I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/12/2024.

• Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation 2011 ("the Act").

• basis of report of the accounts in accordance with the requirements of the Charities Act

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 followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or

• the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Name: F J Wilde j

10/10/25 Date: -----' '-I

Relevant professional FCCA DChA qualification(s) or body (if any):

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Address: 4 Marigold Drive Sisley Surrey GU24 9SF

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