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2025-03-31-accounts

Charity registration number 204824 (England and Wales)

LANGLEY MARISH UNITED CHARITIES

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

LANGLEY MARISH UNITED CHARITIES

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Dr Elizabeth Campbell
Mrs Josephine Hanney
Mr Mark Instone
Mrs Angela Kirk
Mr Raymond Lewis
Mrs D C Iller
Rev C Ferris
Charity number (England and Wales) 204824
Independent examiner Stiles & Company
2 Lake End Court
Taplow Road
Taplow
Maidenhead
Berkshire
SL6 0JQ

LANGLEY MARISH UNITED CHARITIES

CONTENTS

Page
Trustees' report 1 - 4
Independent examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the financial statements 8 - 17

LANGLEY MARISH UNITED CHARITIES

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The primary objective of the Charity is to provide social housing, at affordable cost, for the benefit of qualifying residents.

This is achieved through making available 22 units for occupation, being a mixture of 7 17th Century Grade 2 Listed houses, 4 bungalows dating from 1955 and 11 two-story flats bult in 1972.

The Trustees are anxious that full occupation of the properties is achieved at all times, thereby achieving the utmost Charitable Public Benefit. Swift action is taken to find a new resident as and when any property becomes vacant. There is currently a waiting list of people who wish to be considered for a place. During the financial year one property became available and a new resident was appointed within three months, during which time all necessary works of repair and improvement were undertaken. As at 31/3/25 there was full occupancy.

The Charity has continued to hold discussions with two developers interested in taking an option on land owned by the Charity that is outside of the Almshouses Complex site. The Trustees have spent a considerable amount of time and effort in exploring the possibility, implications and legal ability, to agree to the proposal. This has involved consultation with the Charity Commission and also taking extensive legal advice. The legal costs involved so far are reflected in the annual accounts.

If the Trustees were to accept an offer and then the option was subsequently exercised by the developer, it would provide a substantial sum of money to the Charity. The intention of the Trustees is that, if and when this should happen, the money generated from the sale of land would be used to improve the current housing stock and possibly adding to it.

For reasons of commercial sensitivity, the identity of the developers and the amount of money involved must remain confidential at this time.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

Making timely works of repair and maintenance to the charities properties is one of the key responsibilities of the Trustees. We strive to ensure that the highest possible standard of accommodation is maintained.

In addition to small works of repair and maintenance undertaken throughout the year, the significant work carried out was the repair of the chimney stacks over numbers 12 and 14.

In recognition that some of the properties are Grade 2 Listed, the supervision of an Architect chosen from the Almshouses Association panel of approved practitioners is used whenever work is carried out to those properties. The Trustees are aware of other repair work that is currently required and have the funding to pay for it, but it can prove difficult to find contractors who are suitably qualified and experienced enough to undertake this specialist work.

An internal inspection of each property by various Trustees, with the resident present, began in Q4 of the financial year, but this exercise was not completed until the new financial year. The objective was to identify any repair and maintenance work required. The findings have been collated and a plan put in place to ensure remedial action is undertaken during the financial year ending 31/3/2026.

LANGLEY MARISH UNITED CHARITIES

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Financial review

The primary source of Unrestricted income is the maintenance contributions made by the residents, which totaled £138,414 compared to £120,370 in the previous financial year.

Unrestricted income from investments was £39,707 compared to £38,095 in the previous financial year.

Restricted income from investments was £474 compared to £460 in the previous financial year.

Total receipts for ordinary Unrestricted Funds were £178,121 and for Restricted Funds £474. All are detailed in the financial statements.

Unrestricted expenditure on charitable activities was £101,103 direct costs and £31,705 in support & governance costs, giving a total of £132,808. This compares to £98,502 and £38,319 (total £136,821) respectively in the previous financial year.

The net result for the year was an excess of Unrestricted income over Unrestricted expenditure of £45,313 which was added to our reserves.

There was no expenditure from Restricted Funds.

Adding the balances brought forward at the beginning of the financial year, the total Assets balance carried forward at 31[st] March 2025 was £6,995,738. This was split £6,978,935 for Unrestricted Funds (of which £5,410,000 is property assets) and £16,803 for Restricted Funds.

The Trustees view is that it was a satisfactory year from a financial aspect, with a growth in income and a reduction in expenditure compared to the previous financial year.

Reserves policy

It is the Trustees policy to maintain a balance of Unrestricted funds which equates to three months' average unrestricted payments, to provide for emergency situations that may arise from time to time. The balance of £142,419 (net of fixed and investment assets) at the financial year-end met this target.

Investment policy

The Trustees have continued the policy, set some years ago by earlier Trustees, of investing the major part of the LMUC nonproperty assets in 4 main Funds, listed below in order of the current valuation amounts of each:

In addition, money is invested in the CCLA, COIF Charities Deposit Fund, to earn interest whilst having the funds easily available at short notice if required.

LANGLEY MARISH UNITED CHARITIES

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

The origins of the Charity can be traced back as far as the year 1617 and so has a history of providing social housing to the local community for over 400 years.

The current Charity is the result of the amalgamation of several small local charities over the years and this is reflected in the name, Langley Marish United Charities.

The administration of the Charity is governed by a scheme of the Charity Commission sealed on 29[th] June 1956, with several subsequent amendments. The scheme stipulates that cash not needed for immediate working purposes be invested under the authority of the Charity Commissioners in the name of the Official Trustees of Chartable Funds.

No restrictions on borrowing are placed on the Trustees.

The conduct of Business has been dealt with through regular quarterly Trustee meetings, supplemented by additional meetings, often with a one-item focus, as may be required to deal with particular issues. There was a quorum present at every meeting.

Day-to-day administration is undertaken by the LMUC Administrator, Miss Jacqueline Greene, who is also the Secretary for the Trustees (but is not a Trustee herself). Guidance on financial matters, as may be required, is provided by Raymond Lewis (a Trustee) who also keeps an oversight of the bank accounts and financial records.

The trustees who served during the year and up to the date of signature of the financial statements were: Dr Elizabeth Campbell Mrs Josephine Hanney Mr Mark Instone Mrs Angela Kirk Mr Raymond Lewis Mrs Maria Challen (Resigned 18 September 2024) Mrs D C Iller Mr John Whitby (Resigned 4 June 2025) Rev C Ferris

Recruitment and appointment of trustees

The recruitment and appointment of Trustees is governed by the requirements of the Charity Commission Scheme document for LMUC dated 29[th] June 1956, but as amended by an order issued by the Charity Commission on 29[th] June 1971.

A maximum of ten Trustees is allowed, four of whom are known as “Representative Trustees” and appointed by Slough Borough Council (3) and Wexham Parish Council (1). They serve for a term of 3 years. The other six Trustees are known as “Cooptative Trustees” who are required to be persons who reside or work in, or near, the Ancient Parish of Langley Marish. These six Trustees are recruited and appointed by the current Co-optative Trustees. They serve for a term of 5 years. Both Representative and Co-Optative Trustees can be re-appointed at the expiry of their term in office.

When a vacancy for a Co-optative Trustee arises, the remaining current Trustees seek to recruit a new Trustee taking consideration of the particular Scheme requirements set out above. In addition a person with particular skills and experience, that will enhance the relevant expertise amongst the Trustees as a whole, is sought whenever possible . The current recruitment policy of the Trustees is to broaden the overall diversity and ethnicity of the Trustees if at all possible, although seeking to appoint a new Trustee without excessive delay is also a consideration.

All potential Co-optative Trustees are interviewed by a panel chosen by and from the Co-optative Trustees. A candidate chosen by the panel is then required to be appointed by a unanimous vote of all the Co-optative Trustees at a special Trustees meeting called for that purpose.

LANGLEY MARISH UNITED CHARITIES

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

The trustees' report was approved by the Board of Trustees.

.............................. Dr Elizabeth Campbell Trustee 17 Jan 2026 Date: .............................................

LANGLEY MARISH UNITED CHARITIES

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF LANGLEY MARISH UNITED CHARITIES

I report to the trustees on my examination of the financial statements of Langley Marish United Charities (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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

Philip Ormerod FCCA Stiles & Company

2 Lake End Court Taplow Road Taplow Maidenhead Berkshire SL6 0JQ 19 Jan 2026

Dated: .........................

Philip Ormerod

LANGLEY MARISH UNITED CHARITIES

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
2025
Notes
£
Income from:
Charitable activities
3
138,414
Investments
4
39,707
Total income
178,121
Expenditure on:
Charitable activities
5
132,808
Total expenditure
132,808
Net gains/(losses) on
investments
11
(35,196)
Net income
10,117
Transfers between funds
(140)
Net movement in funds
7
9,977
Reconciliation of funds:
Fund balances at 1 April 2024
6,968,958
Fund balances at 31 March 2025
6,978,935		 Restricted
funds
2025
£
-
474
474
-
-
387
861
140
1,001
15,802
16,803		 Total
Unrestricted
funds
2025
2024
£
£
138,414
120,370
40,181
38,095
178,595
158,465
132,808
136,821
132,808
136,821
(34,809)
108,438
10,978
130,082
-
-
10,978
130,082
6,984,760
6,838,876
6,995,738
6,968,958		 Restricted
funds
2024
£
-
460
460
-
-
325
785
-
785
15,017
15,802		 Total
2024
£
120,370
38,555
158,925
136,821
136,821
108,763
130,867
-
130,867
6,853,893
6,984,760

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

LANGLEY MARISH UNITED CHARITIES

BALANCE SHEET

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 12 346 692
Investment property 13 5,410,000 5,410,000
Investments 14 1,440,068 1,472,877
6,850,414 6,883,569
Current assets
Debtors 15 5,035 3,709
Cash at bank and in hand 170,321 106,449
175,356 110,158
Creditors: amounts falling due within one year 16 (30,032) (8,967)
Net current assets 145,324 101,191
Total assets less current liabilities 6,995,738 6,984,760
The funds of the charity
Restricted income funds 17 16,803 15,802
Unrestricted funds 18 6,978,935 6,968,958
6,995,738 6,984,760
17 Jan 2026

The financial statements were approved by the trustees on .........................

..............................

Dr Elizabeth Campbell

Trustee

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Langley Marish United Charities is an unincorporated association governed by its constitution.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing scheme, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers

3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.8 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.9 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.10 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.11 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The trustees do not consider these estimates and assumptions to have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities contained within the financial statements.

3 Income from charitable activities

Charitable income
Maintenance contributions from residents
Income from investments
Unrestricted
Restricted
funds
funds
2025
2025
£
£
Rental income
600
-
Income from listed
investments
37,077
405
Interest receivable
2,030
69
39,707
474		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
138,414
120,370
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
600
600
-
600
37,482
36,135
460
36,595
2,099
1,360
-
1,360
40,181
38,095
460
38,555		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
138,414
120,370
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
600
600
-
600
37,482
36,135
460
36,595
2,099
1,360
-
1,360
40,181
38,095
460
38,555
Total
2024
£
600
36,595
1,360
38,555

4 Income from investments

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

5 Expenditure on charitable activities

Charitable Charitable
expenditure expenditure
2025 2024
£ £
Direct costs
Depreciation and impairment 346 346
Casual labour - 3,932
Cleaning 2,306 1,746
Gardening 5,361 5,400
Insurance 5,028 4,727
Light, heat and water 36,089 30,887
Printing and stationery 320 -
Repairs and maintenance 48,395 23,013
Subscriptions 2,133 1,429
Warden - salary - 25,613
Warden - social security costs - 100
Warden - telephone - 791
Sundry expenses 1,125 518
101,103 98,502
Share of support and governance costs (see note 6)
Governance 31,705 38,319
132,808 136,821
Analysis by fund
Unrestricted funds 132,808 136,821
6 Support costs allocated to activities
2025 2024
£ £
Governance costs 31,705 38,319
Analysed between:
Charitable expenditure 31,705 38,319

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

6
Support costs allocated to activities
Governance costs comprise:
Audit fees
Legal and professional
Payroll fees
Secretary salary
Secretary telephone
7
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed assets		 (Continued)
2025
2024
£
£
3,424
5,259
15,347
20,834
792
792
11,458
10,753
684
681
31,705
38,319
2025
2024
£
£
3,424
5,259
346
346		 (Continued)
2025
2024
£
£
3,424
5,259
15,347
20,834
792
792
11,458
10,753
684
681
31,705
38,319
2025
2024
£
£
3,424
5,259
346
346
38,319
2024
£
5,259
346

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
- 1

There were no employees whose annual remuneration was more than £60,000.

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

11 Gains and losses on investments

Unrestricted
funds
2025
Gains/(losses) arising on:
£
Fixed asset investments
(35,196)
12
Tangible fixed assets
Cost
At 1 April 2024
At 31 March 2025
Depreciation and impairment
At 1 April 2024
Depreciation charged in the year
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
13
Investment property
Fair value
At 1 April 2024 and 31 March 2025		 Restricted
funds
2025
£
387		 Total
Unrestricted
funds
2025
2024
£
£
(34,809)
108,438		 Restricted
funds
2024
£
325		 Total
2024
£
108,763
Computers
£
1,038
1,038
346
346
692
346
692
2025
£
5,410,000

The trustees considered the value of the properties and ascertained there was no change in the fair value.

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

14 Fixed asset investments

Cost or valuation
At 1 April 2024 & 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024
15
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income		 Listed
investments
£
1,472,877
1,472,877
1,472,877
2025
2024
£
£
3,688
3,043
136
-
1,211
666
5,035
3,709
2025
2024
£
£
3,484
4,505
26,548
4,462
30,032
8,967		 Listed
investments
£
1,472,877
1,472,877
1,472,877
2025
2024
£
£
3,688
3,043
136
-
1,211
666
5,035
3,709
2025
2024
£
£
3,484
4,505
26,548
4,462
30,032
8,967
1,472,877
1,472,877
2024
£
3,043
-
666
3,709
2024
£
4,505
4,462
8,967

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1
Capital acquired from Langley
Church House Estate Charity
Net unrealised gains and losses on
Investment Assets
Previous year:
At 1
Capital acquired from Langley
Church House Estate Charity
Net unrealised gains and losses on
Investment Assets		 April 2024
£
15,477
325
15,802
April 2023
£
15,017
-
15,017		 Incoming
resources
£
474
-
474
Incoming
resources
£
460
-
460		 TransfersGains
£
140
-
140
TransfersGains
£
-
-
-		 and losses
At 31 March
2025
£
£
-
16,091
387
712
387
16,803
and losses
At 31 March
2024
£
£
-
15,477
325
325
325
15,802		 and losses
At 31 March
2025
£
£
-
16,091
387
712
387
16,803
and losses
At 31 March
2024
£
£
-
15,477
325
325
325
15,802
15,802

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1
General Fund
Extraordinary
repair fund
Revaluation
account		 April 2024
£
1,690,571
193,308
5,085,079
6,968,958		 Incoming
resources
£
178,121
-
-
178,121		 Resources
expended
£
(132,808)
-
-
(132,808)		 TransfersGains
£
(2,140)
2,000
-
(140)		 and losses
At 31 March
2025
£
£
(48,668)
1,685,076
13,472
208,780
-
5,085,079
(35,196)
6,978,935		 and losses
At 31 March
2025
£
£
(48,668)
1,685,076
13,472
208,780
-
5,085,079
(35,196)
6,978,935
6,978,935

LANGLEY MARISH UNITED CHARITIES

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

18
Unrestricted funds
Previous year:
At 1 April 2023
£
General Fund
1,574,179
Extraordinary
repair fund
179,618
Revaluation
account
5,085,079
6,838,876
19
Analysis of net assets between funds
At 31 March 2025:
Tangible assets
Investment properties
Investments
Current assets/(liabilities)
At 31 March 2024:
Tangible assets
Investment properties
Investments
Current assets/(liabilities)		 Incoming
resources
£
158,465
-
-
158,465		 Resources
expended
TransfersGains
£
£
(136,821)
(2,000)
-
2,000
-
-
(136,821)
-
Unrestricted
funds
2025
£
346
5,410,000
1,426,170
142,419
6,978,935
Unrestricted
funds
2024
£
692
5,410,000
1,459,366
98,900
6,968,958		 (Continued)
and losses
At 31 March
2024
£
£
96,748
1,690,571
11,690
193,308
-
5,085,079
108,438
6,968,958
Restricted
Total
funds
2025
2025
£
£
-
346
-
5,410,000
13,898
1,440,068
2,905
145,324
16,803
6,995,738
Restricted
Total
funds
2024
2024
£
£
-
692
-
5,410,000
13,511
1,472,877
2,291
101,191
15,802
6,984,760		 (Continued)
and losses
At 31 March
2024
£
£
96,748
1,690,571
11,690
193,308
-
5,085,079
108,438
6,968,958
Restricted
Total
funds
2025
2025
£
£
-
346
-
5,410,000
13,898
1,440,068
2,905
145,324
16,803
6,995,738
Restricted
Total
funds
2024
2024
£
£
-
692
-
5,410,000
13,511
1,472,877
2,291
101,191
15,802
6,984,760
6,968,958
Total
2025
£
346
5,410,000
1,440,068
145,324
6,995,738
Total
2024
£
692
5,410,000
1,472,877
101,191
6,984,760

20 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

Issuer

Stiles & Company

Document generated Fri, 16th Jan 2026 10:11:03 GMT Document fingerprint 04095c484cb0051e3a965deaf700a5fb

Parties involved with this document

Document processed

Party + Fingerprint

Sat, 17th Jan 2026 13:25:35 GMT Mon, 19th Jan 2026 8:47:16 GMT

Dr Elizabeth Campbell - Signer (29eaea2ae80f29d060ba419f3dd9dcbf) Philip Ormerod - Signer (b04d6712c611823920ffaf3c45c43973)

Audit history log

Date

Action

Fri, 16th Jan 2026 10:11:03 GMT Fri, 16th Jan 2026 10:11:03 GMT Fri, 16th Jan 2026 10:13:10 GMT Fri, 16th Jan 2026 10:13:11 GMT Fri, 16th Jan 2026 19:24:54 GMT Fri, 16th Jan 2026 19:25:14 GMT Sat, 17th Jan 2026 12:59:59 GMT Sat, 17th Jan 2026 13:20:58 GMT Sat, 17th Jan 2026 13:25:35 GMT Sat, 17th Jan 2026 13:25:35 GMT Sat, 17th Jan 2026 13:25:36 GMT Mon, 19th Jan 2026 8:46:03 GMT Mon, 19th Jan 2026 8:47:16 GMT Mon, 19th Jan 2026 8:47:16 GMT Mon, 19th Jan 2026 8:47:16 GMT Mon, 19th Jan 2026 8:47:16 GMT Mon, 19th Jan 2026 8:47:16 GMT

Envelope generated by Fran Savoca (92.27.89.72) Document generated with fingerprint 04095c484cb0051e3a965deaf700a5fb (92.27.89.72) Sent the envelope to Dr Elizabeth Campbell for signing (92.27.89.72) Document emailed to party email Dr Elizabeth Campbell opened the document email. (66.249.93.69) Dr Elizabeth Campbell viewed the envelope (90.243.151.222) Dr Elizabeth Campbell opened the document email. (66.249.93.71) Dr Elizabeth Campbell viewed the envelope (90.243.151.222) Dr Elizabeth Campbell signed the envelope (90.243.151.222) Sent the envelope to Philip Ormerod for signing (90.243.151.222) Document emailed to party email Philip Ormerod viewed the envelope (92.27.89.72) Philip Ormerod signed the envelope (92.27.89.72)

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https://api.signable.app/shareable/envelope?t=ac04a8aa-e921-419b-b476ce4454e99f88 (92.27.89.72)