## REVELEY CHARITIES
## (Incorporatng the John Gale and Clarke Smith and Fuller Charites Trustees’ Report For the year ended 31st December 2025
The Trustees present their report and the financial statements for the year ended 31[st] December 2025.
|Charity number||205904|
|---|---|---|
|Correspondence address||12 Grange Road|
|||Bushey|
|||Herts WD23 2LE|
|Trustees|||
|Chairman:||Mr Chris Jordan|
|Hon. Secretary:||Mrs Brenda Baten|
|||Mrs. Marian Jordan|
|||Dr Christne Singleton|
|||Dr Sarbani Jollyman|
|||Mrs Katrina Power|
|||Mr. John Whiteman|
|||Dr Tim Jollyman|
|||Mr Bill Penketh|
|Independent Examiner||Jack W Debnam|
|||September Cotage|
|||Hogpits Botom|
|||Flaunden|
|||Herts HP3 OQB|
|Bankers|The|Unity Trust Bank|
|Insurers||Ecclesiastcal Insurance Group|
|||Brunswick Road|
|||Gloucester GL1 1JZ|
## Structure, Governance & Management
The full title of the Charity is: “The Reveley Charities, incorporating the John Gale and Clarke Smith and Fuller Charities”.
The working title of the Charity is “The Reveley Charities”, more often referred to as “The Reveley Trust”.
## a) Commitees
The Trust operates with one Committee of Trustees which meets approximately quarterly. During the spring meeting the Annual General Meeting is held. There are no other committees at present; other sub-committees may be raised as required.
- b) Trustees selecton, appointment and competence Under the terms of the Trust Deed (see below) the Trustees should consist of the Rector of the Parish of Bushey, and up to twelve other “non-official Trustees, who shall be competent persons, resident in the County of Herts or within ten miles of Bushey”. New Trustees are appointed by the existing Trustees. This year Mr Carey Keates died and Dr Sarbani Jollyman and Dr Tim Jollyman were appointed as Trustees.
- c) Trust Deed
- The governing document of the Trust is the “Scheme for the Regulation and Management of the Charities of George Johnson Reveley” as approved on the 4[th] July 1881.
## Objectves & Actvites
The Charity’s sole purpose is the management of ten almshouses situated in Bushey, near Watford, which belong to the Charity, and are maintained to provide shelter for nine elderly residents, one dwelling being reserved for a Warden.
Under the terms of the Scheme document there are no restrictions on the Trustees with regard to the investment of capital, or the raising of loans.
The trustees confirm that they have referred to the guidance contained in the Charity Commission general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.
## Commitee
The Committee met on three occasions during the year for the Spring AGM. Trustees who acted during the year appear on page 1 above.
## Independent Examiner
Mr Jack Debnam continues as Independent Examiner.
## Actvites and Results
All cottages are occupied. It was decided not to increase the rent this year.
## Maintenance
There has been significant expenditure on maintenance this year. The front doors on all of the cottages were replaced, all external woodwork has been repainted and fencing has been replaced and repaired.
## Welfare of Residents
Warden Marian Doyle continues to give attentive care to our residents, as did our Secretary Brenda Batten to the daily affairs of the Trust.
The charity is funded by the maintenance contribution from residents and investments. Our investments have been kept under review.
Total incoming resources were £66475, direct charitable expenditure was £34742. A surplus of £40000 was invested in March this year. The charity is in a good financial state. No value is ascribed to the properties. The accounts are presented on a Receipts and Payments basis.
## Reserves Policy.
The charity has cash of £18652 in hand and investments of £538641 representing at least 15 years direct charitable expenditure. This is considered adequate and appropriate in the light of the age of the buildings to be maintained. The adequacy of the reserves policy is reviewed annually.
Signed on behalf of the Trustees
C. Jordan
Christopher Jordan
Chairman
Charity 205904
## **Reveley Charities**
## Incorporating the John Gale, Clarke Smith and Fuller Charities **Receipts & Payments Account Year ended 31 December 2025**
|**Receipts**
Maintenance contributions
Investment income
Legacy
Sub total
Asset and Investment Sales
Total Receipts
**Payments**
Repairs and Maintenance
Water Rates
Insurance
Light and Heat
Staff
Communications
Sundries
Sub total
Investment purchases
Total Payments
**Net Surplus (Deficit)**
Cash funds last year end
**Cash funds this year end (below)**
**Statement of Assets and Liabilities at end of period**
**Cash Funds**
Unity Trust Bank Current and Deposit Accounts
NatWest Bank
**Investments current value**
**Housing Properties at cost net of grants**|**2025**
**£**
46,317
20,158
0
66,475
0
66,475
26,920
1,561
3,099
1,545
780
95
742
34,742
59,023
93,765
-27,290
45,943
18,653
18,653
0
18,653
538,641
25,698|**2024**
**£**
44,607
16,958
0
61,565
0
61,565
9,519
1,360
2,995
1,484
780
341
1,511
17,990
45,500
63,490
-1,925
47,868
45,943
45,943
0
45,943
424,049
25,698|
|---|---|---|
**Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
|**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and basis**
**of report**|Reveley Charities
(Incorporating the John Gale, Clarke Smith and Fuller Charities)|Reveley Charities
(Incorporating the John Gale, Clarke Smith and Fuller Charities)|Reveley Charities
(Incorporating the John Gale, Clarke Smith and Fuller Charities)|
|---|---|---|---|
|||||
||31 December 2025|**Charity no**
**(if any)**|205904|
|||||
||1-5 (including this page)|||
||I report to the trustees on my examination of the accounts of the above charity (“the
Trust”) for the year ended 31 December 2024.
As the charity's trustees, you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 (“the 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 all
the applicable Directions given by the Charity Commission under section 145(5)(b)
of the Act.|||
**Independent examiner's** I have completed my examination. I confirm that no material matters have come to **statement** my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body (if**
**any):**
**Address:**||27 January 2026|
|---|---|---|
||||
||Jack W Debnam||
||||
||FCA retired||
||||
||September Cottage||
||Hogpits Bottom||
||Flaunden HP3 0QB||
**Oct 2018**
**IER**