REGISTERED CHARITY NLIMBER: 206928 LANOISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 SEPTEMBER 2025
LANDISDALE ALM5HOVSE AND UNKNOWN DONOR CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 20ZS Page Report oftheTrustees Independent Examlner's Report Statement of Financial Activltle5 Balance Sheet Notes to the FinancSal statements 8 to 18 Detalled Statement of Flnanclal Actlvltles 19
LANDISDALE AIMSHOUSE AND UNKNOWN DONOR CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustee5 present thelr report along with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of the Statement of Recommended Practlce ISORPI 'Accountlng and Reporting by Charities" in preparing the annual report and financial statements ol the charity. The financial statements have been prepared In a¢¢ordan¢e wlth the accounting policies set out In notes to the accounts on page5 8 to 10 &nd comply with the charity's governing docurnent, the Charitles Att 2011 and Accounting and Reportlng by Charlties.. Statement of Recomrnended Practlce applicable to charities preparing their account5 in accordance with the Flnanclal Reportlng Standard appllcable In the UK and Republic of Ireland publSshed in October 2019. OBIEcfivES AND ACTIVITIES Oblectlve5 and alms The Objects of the Charity are.. l. the provision of four almshouses for beneflclaries whose qyalillcation Shall be a person in need elther born In or resident In the Parlsh of Danbury ftsr not less than ten years at the date of their appointment,. 2. rellef in need of persons resident in the ParSsh of Oanbury in accordance with the fo11owing- noting that in applylng the Income of the Charity for relief in need the Trustees shall not commit themselves to repeat or renew the relief granted on any off35ion in any case.. TheTrustees may relleve persons who are in need, hardshlp or distress bv.. tnaking grants of money to them, or b. providing or paying for good5, serv1$ or facilitles for them,. or c. makSn8 @rants of money to other persons of bodie5 who provlde Eoods, service5 or facilities to those In need,. 3. such charitable purposes for the benefit of the resldents as the Trustees decSde. Applicatlon of Income The net income shall be applied first to repair, insure and meet all other outgoings In respect of the Charlty's properties and all proper costs of the Charity'5 admlnistration and management. Theafter the net Income shall be applied in elther of the following ways.. l. for relief in need of person5 in need, hardship or distress,. 2. for the benefit of the residents of the Charity. 51gnltlcant actlvltle5 The Charlty currently provldes four almshouse propertles and Sts alm Is to utilise these as far as p0551ble to meet the primary ot>jectlve of the Charlty. Public benefit These activities are consldered to be for the publlc beneflt and In runnlng the Charlty the Trustees have regard for the Charlty Commission guldance on publlc benefit.
LAND15DALE ALMSHOUSE AND UNKNOWN DONORCHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACHIEVEMENTSAND PERFORMANCE Charitable activit125 Trustees contlllued to be concernEd for the maintenance of the almshouses and wellbelng of resldents, Air circulation unlts were fitted to two almshouses to help wlth damp15sue5 arlslng from the age of the buildings. Trustees were dellghted to the appolntrnent ol Mrs MarSssa Kelly and Mr Jacob Armstrong as Trustees. Trustees were pleased to have thelr slte at Sandplt Fleld Included the Local plan and agreed to apply for bulldlng consent on thelr land. FINANCIAL REVIEW Flnancial p051tlon The Charity's fin3ncial positlon is as set out in the Balance Sheet on page 7 and is consldered satlsfactory. Reserves pollcy The Charity's pollcy on reserves Is to malntain sufficient reserves to enable the Ch8rity to continue to achleve its principal oblectlves. FUTURE PLANS T¥ustees were mlndful that their deci51on to apply lor plannlng consent to buSld 9 new almshouses on Sandpit Field would come at slgnlllcant cost. They agreed to build up funds lo pay for the plannlng appllcation and started considering where to access fund5 for the bulldlng project. They noted that they still had to fund malntenance to the existing almshouses and funds were In hand. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Charlty 15 governed in accordance with a Scheme sealed by the Charity Commlssion on 10 September 1986. Recrultment and appolntmenl of new trustees As vacancies for Trustees arise applicatlons are sought from potential candidates known to the Tru5tee5 and other 5Ultable local people. Appllcants are then consldered by the Trustees and appolniments made by resolution of the Trustees. Organisatlonal stNcture The day to day admSnistratlon of the Charlty Is carrled out by the Clerk who reports to the Trustees. Inductlon and tralnlng of new trustees New Trustees are briefed by the Clerk and the existing Trustees on the history and actlvltles ol the Charity. They are provided wth a copy of the Charity Commlsslon publlcatlon 'The Essential Trustee" detailing their responsibilities and providing guidance on being a Trustee. The new Trustee Is provided with a copy of the Charity Scheme and the latest independently examlned accounts and minutès. Related partles There are no other charltie5 related to The Landlsdale Almshouse and Unknown Donor Charity. The Clerk to the Charlty Is also Clerk to other almshouse ch8rities.
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARI REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Risk manaEement The trustees have a duty to Identlfy and revlew the rlsks to whlch the charlty Is exposed and to ensure 8pproprlate controls are In place to provide reasonable assurance agalnst fraud and error. REFERENCE AND ADMINISYHATIVE DETAILS ReESstered Charlty number 206928 Prlnclpal address c/0 Clare Heyes 18 Newbrldge Hlll West Bergholt Colchester Essex C06 3ER Trustees R Faure Walker Ms A Cooper 5 Arthurs R Speakman Ichalrmanl Mrs M Kelly (appointed 61111241 J Armstrong lappolnted 26131251 Independent Examlntrr Slmon Welllng Certified Accountant TC Group Accountants Town Wall House Balkerne Hill Colchester Essex C03 3AD Banker5 The Co-operatlve Bank PO Box 250 Dell House Skelmersdale WN8 6wr
LANDISDALE ALMSHOUSE ANO UNKNOWN DONOR CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 REFERENCE AND ADMINISTRATIVE DEfAILS Clerk to the char5ty Mrs C Heyes 18 Newbrldge Hlll West 8ergholt Colchester Essex C063ER Approved by or(ler of the board of trusiees gn and slgned on Its behalf bv: R 5peakman- Trustee
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF LANDISDALE ALMSHOUSEAND UNKNOWN DONOR CHARITY Independent examlner's reportto the trustees of Landlsdale Almshouse and Unknown Donor Charlly I report to the charity tru5tee5 on my examlnatlon of the accounts ol Landi5dale Almshouse and Unknown Donor Charity (the Trustl for the year ended 30 September 2025. Re5ponslbllltles and basis of report As the charity trustees of the Trust you are responsible for the preparation of the account% In accordance wlth the requlrements of the Charities Act 20111'the Act'l. I reporr In respect of my examinayon of thE Trugt's accounts carried out under Sectlon 145 of the Act and In carylng out my examination I have followed all applicable Oirections given by the Charity Commission under Sectlom 14515llbl of the Act. Independent examlner's statement I have completed my examin3tion. I conflrm that no material matters have come to my attentlon in connection with the examination glving me cause to belleve that in any materlal re5pe¢t.. ccounting records were not kept in respect of the Trust as requlred by Sectlon 130 of the Act.. or the accounts do not accord with those records,. or the account5 do not comply with the applicable requlrements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regu13tions 2008 other than any requirement that the accounts give a true and falr view which 15 not a matter consldered as part of an independent examinatlon. I have no concerns and have come acrtsss no other matters in connection wlth the examlnation to which attentSon should be drawn in th15 report In order to enabl& a proper under5tandSng of the accounts to be reached. Sirnon Welllng Certifled Accountant TC Group Accountants Town Wall House Balkerne Hill Colchester Essex C03 3AD Date..
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 Total fund5 2024 Total funds Unrestrlcted (und Re5trlcted fund5 Endowment funds Notes INCOME AND ENOOWMENTS FROM Charltable actlvltles Almshouse activity 29,475 29,475 28,273 Investment income 17,069 1,388 18,461 17,267 Total 46.544 1,388 47,936 45,540 EXPENDITURE ON Charltable 3Ctivltles Almshouse actlvity Danbury Church Relief In need 13,913 13,913 loo 200 19,142 219 200 loo 200 Total 14,113 loo 14,Z13 19,561 32,431 1,288 33,723 25,979 Net gainslllossesl on investments 14.084 11,9941 22,982 35,072 32,911 NET INCOMEIIEXPENDITUREI 46,515 17061 22,986 68,795 58,890 Transfers between fvnds 14 6,240 160 6.4001 Net movement In fvnd5 52.755 15461 16,586 68,795 58,890 RECONCILIATION OF FUNDS Total funds brought loNard 374.085 58,834 179,869 612.788 553,898 TOTAL FUNDS CAflRIED FORWARD 426,840 58,288 196A55 681,583 612,788 CONTINUING OPERATIONS All Income and expendSture has arlsen from contlnuing actlvities. The notÈs lorm part of these financlal statements
LANDISDALE ALMSHOUSE ANO UNKNOWN DONOR CHARITY BALANCE SHEET 30 SEPTEMBER 2025 2025 Total fund5 2024 Total funds Unrestrlcted fund Restricted funds Endowment funds Noles FIXED ASSETS Tan8lble assets Investments Investments Investment property 76.575 76,575 82,975 io li 324,038 $6,988 39,880 80,000 420.906 80.000 399,841 57,500 324.038 56,988 196,455 577,481 540,316 CURRENT ASSETS Debtors Cash at bank 12 3,420 102,339 3.420 103,639 1,789 73,568 1,300 105.759 I,3) 107,059 75,357 CRED(1fts Arnounts lalllng due wlthin one year 13 12,9571 12,9571 12,8851 NET CURRENT ASSErs 102,802 1,300 104.102 72,472 TOTAL ASSETS LESS CURRENr LIABILITIES 426,840 58.288 196A55 681,583 612.788 ASSErs 426,840 58,28B 196.455 681,583 612,788 FUNDS Vnre5tricted lunds Restrlcted funrls Endowment funds 14 426,840 58.288 196,455 374,085 58,834 179,869 TOTAL FUNDS 681.583 612,788 The llnancial statement and were slgn on its ere approved by the Board of Trustee5 and author15ed lor Issue on alf bv., R Spea an-Trustee A Cooper- Trustee The notes form part of these flnanclal staternents
LAND15DALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 1025 ACCOUNTING POLICIES Basls of preparlng the flnanclal stateTnents The charlty constitute5 a publlc benefit entity a5 defined by FRS 102. The accounts have been prepared Sn accordance wlth Accounting and Reporting by Charlties.. Statement Of Recommended Practlce1SORPI appllcable to charltie5 prepsrlng their accounts In accordance with the Financial Reporting Standard appllcable In the UK and Republlc of Ireland issued In October 2019, the Financial Reporting Standard 8ppllcable in the United Klngdom and Republlc of Ireland IFRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practlce. The financial statemènts have been prepared under the hlstorlcal cost convention, with the exception of investments which are included at marketvalue. as modifled by the revaluatlon of certaln assets. For the purposes of pre5entatlon the financial statement5 are rounded to the nearest pound sterllng (£1 and are Incluslve of Value Added Tax. Fund accountlng Unrestricted funds can be used In accordance wlth the charltable objectives at the discretlon of the trustees. Designated funds are unrestricted funds of the charlty whlch the trustees have declded at thelr dSscretion to Set aslde to use for a speciflc purpose. Restricted funds can only be used for particular restricted purposes withln the objects of the charity. Restriction5 arise when specified by the donor or when funds are ralsed for partlcular re5tr1cted purposes. Permanent endowrnent funds are non-expendable funds which are normally held Indellnltely. Further explanation of the nature and purpose of each fund is Included in the notes to the fi'nandal 5tètementS. Golng concern The accounts are prepared on a goSng concern basis 85 there are no rnaterlal uncertainties about the Charity's abillty to contlnue. Income All income is recognised in the Statement of Financial Act4vltles once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliablv. Income from government and other grants, whether 'capltèl' grants or 'revenue' grant5, Is recognlsed when the Charity has entitlerneht to the funds, any performance condltions attached to the grants have been met, it Is probable that the Income will be recelved and the amount can be measured reliably and Is not deferred. For legacies, entitlement 15 Eaken as the earlier of the date on whlch elther.. the Charity Is aware that probate has been granted, the estate has been flnallsed and notification has been made by the executorlsl to the Charlty that a di5trlbutlon w511 be made, or when a distributlonls received from the estate.
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POLICIES- contlnued Income Donatlons and other voluntary income are reflected In the accounts for the period In whSch they are recelved. Donatlons In kind are recognised by the Charlty when recelved except in the case of services provided free or undervalue by voluntary staff or others whlch are not reflected In the accounts. Interest recelvable Interest on funds held on deposlt is Sncluded when rec&lvable and the amount can be measured rellably by the Charity,. thls Is normally upon notification of the Interest pald or payable by the 8ank. Expendllure Llabilities are recoEnised a5 expenditure as soon as there is a leg31 or tonstructlve obllgatlon committing the charity to that expendlture, It is prob3ble that a transfer of economic benefits wlll be requlred in settlement and the amount of the obligation can be mÈasured reli3bly. Expenditure Is accounted for on an accruals basis and has been ¢lasslfied under headings th3t aggregate all cost related to the category. Where costs cannot be dlrectlv attrlbuted to partlcu1ar headlngs they have been allocated to activitie5 on a basis consistent with the use of resources. RepalY5 and malntenance of propertles The charge in the Statement of Financlal Actlvlties In respect of Extraordinary Repalrs reflect the Tru5tee5' constant concern to keep the propertles in Eood conditlon, and are In accoidance with the Almshouse Associatlons, re¢ommÈndatlon that Almshouse Charltles should set aside each year specific sums in respect. Transfers are made from the Accumulated Fund each year to the Extraordinary Repalr Fund to cover extraordinary repair5 as they arise. Svpport costs The Charity's governance costs are allocated entirely to the Almshouse Cost5 51nce support costs relatlng to other actlvltles are consldered Immaterlal. Grants Grants offered sublect to condltions whlch have not been met at the year end date are noted a5 a commitment but not accrued as expendlture. Tangible fixed assets H¢Juslng properties The housing properties represent the cost of Improvements to the four freehold almshouses at Maln Road, Danbury, Esse¥. The orlgSnal cost of these properties cannot now be ascertalned. Depreclatlon The houslng propertles are depreciated ori the strai8ht line method at a rate calculated to write off the asset over Its estimated useful Ilfe. The rate used for the Improvements to the almshouses at 45 and 47 Main Road 15 2% per annum and the rate used for the Improvements to the 8lmshouses at 49 and 51 Maln Road is S% per 3nnum
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- (Ohtlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 ACCOUNTING POLICIE5- contlnued Investments Investments are shown on the Balance Sheet at theSr market value. Changes in maTket value5 durlng an accounting period are reflected in the accounts as unFeallsed gains or105ses. Upon disposal ol an Investment the dlflerence between Driginal cost and disposal proceeds Is reflected In the Statement ol Financlal Activitie5 as a reallsed 8aln or loss and an adlustment Is made to unreallsed galns or losses to reverse unrealised rnovements in value In earller years. Investment Propertles Investment propertles are measured at fair value at each accounting period end wlth changes In fair value recogn15ed ès unrealised Investment gains or105se5 In the Statement of Flnancial Actlvltles. Debtor5 Contributions and other debtors are recogni5ed at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade disctsunts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term hlghly Ilquld Investments with a short maturity of three months or less frorn the date of acquisitlon or opening of the deposlt or slm51ar account. Credltors and provlslons Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of fuDd5 to a third party and the amount due to settle the oblSgation can be measured or estlmated rellably. Credltors and provision5 are normally recogn15ed at their settlement amount after allowlng for any trade discounts due. Taxation The charlty15 exempt from tax on its charltable activities. INVESTMENT INCOME 2025 2024 5 acre fleld rent retelvable Ablotmenl rent recelvable Olvldends recelvable Accumulated share divldends recelvable COIF deposit account Interest 450 156 6,144 8.492 3.219 450 390 6.392 7,736 2,299 18,461 17,267 -10.
LANDISDALE ALMSHOLISE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEM8ER 2025 INVESTMENT INCOME- contlnued For year endlng 30 September 2025 accumulatlon share dividends hav2 been accounted for a5 Investment additions and investment income. The comparatlve amounts for the year ended 30 Septembei 2024 have been reelassified to reflect the accumulatlon share divldends as income. For the year ended 30 September 2024 the total Investment Income has increased from £9,530 to £17,267 wlth the net gains on investment5 reducing from £40,648 to £32,911, reflecting the total accumulation share dlvldends recelved of £7,736. INCOME FROM CHARITABLE ACTIVITIES 2025 2024 m5house activlty Contributions Teceivable 29,475 28,273 CHARITABLE AcfiviTIES COSTS Direct Costs (see note 51 Grant funding of Support costs (see note 61 Totals Almshouse actlvity Danbury Church Relief In need 10,752 3,161 13,913 loo 200 loo 200 10,952 100 3,161 14,213 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Water charges Insurance Repalrs and malntenan¢e ExtraordSnary repalrs Sundry expenses Depreciation 1.578 1,313 1,428 1,726 1,365 1,940 4.572 240 6,400 233 6,400 10,952 16,243 -li-
IANOISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 SUPPORT COSTS Governance costs Management Totals Almshouse actNity 2,075 1,086 3,161 Support costs, included Sn the above, are as follows.. 202S Almshouse activity 2024 Alrnshouse actiwtv Clerk fees Subscriptions Independent examlnatlon fees Accountancy fees 1,800 275 187 899 1,80D 267 178 854 3,161 3,099 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benellts for the year ended 30 September 2025 nor for the year ended 30 September 2024. Trustees, e)q)enses There were no trustee5' expenses pald for the year ended 30 September 2025 nor for the year ended 30 September 2024. -12-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restrlcted funds Endowment funds Total funds INCOME AND ENDOWMENTS FROM Charltable actlvltles Almshouse activity 28,273 28,273 Investment income 15,621 1,646 17,267 Total 43,894 1,646 45,540 EXPENDITURE ON Charitable adlvjties A1rn5house activity Danbu¥y Church Rellef in ne 19,403 12611 200 12611 480 19,142 219 200 Total 19,342 219 19,561 24,552 1,427 25,979 Net gains on investments 25,093 5,315 2,503 32,911 NET INCOME 49,645 6,742 2,503 58,890 Transfers between funds 6,359 41 16,4001 Net movement in funds 56,004 6,783 13,8971 58,890 RECONCILIATION OF FUNDS Total fund5 brought forward 318,081 52,051 183,766 553,898 YOTAL FUNDS CARRIED FORWARD 374,085 58,834 179,869 612,788 -13-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 TANGIBLE FIXED ASSETS Freehold property COST At l October 2024 and 30 September 2025 182,443 DEPRECIATION At l October 2024 Charge for year 99,468 6,400 At 30 September 2025 105,868 NET BOOK VALUE At 30 September 2025 76,57S At 30 SepteMr 2024 82,975 io. FIXED ASSET INVESTMENTS Li5tÈd investments MARKETVALUE At l October 2024 Addltions Revaluation5 399,841 8,493 12,572 At 30 SepteMr 2025 420,906 NET BOOK VALUE At 30 September 2025 420,906 At 30 September 2024 399,841 There were no Investrnent assets outside the UK. The orfglnal cost of the Ilsted investments Is unknown. -14-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 ii. INVESTMENT PROPERTY FAIR VALUE At l October 2024 Revaluatlon 57,500 22,500 At 30 September 2025 80,000 NETBOOKVALUE At 30 September 2025 80,000 At 30 September 2024 57,500 The original cost of the investment properties, whlch represent the 5 acre field and allotment5, 15 unknown. The carrylng value of the Investment properties was revalued as at 30 SeptEmber 2025 being an estimation a5 agreed by the b03rd of trustees. 12. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YÉAR 2025 2024 Contributions In arrears Other debtors Prepayments and accrued Income 231 189 3,000 261 189 1,339 3,420 1,789 13. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Contrlbutlons recelved In advance other credltors Accruals and deferred Income 833 loo Z,024 772 219 1,894 2,957 2,885 -15.
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDEO 30 SEPTEMBER 2025 14. MOVEMENT IN FLINDS Net movement In futlds Transfers between funds At 1.10.24 At 30.9.25 Unre5trlcted funds Accumulated Fund 374,085 46,515 6,240 426,840 Restrlrted fund5 Ext¥aordlnary Repalr Fund Landisdale Charlty Restrlcted Fulld 58,834 18061 loo 260 iiooi 58,288 58,834 1706} 160 58,288 Endowment funds Permanent Endowm&nt Investment Property Revaluatlon Reserve 179,B69 486 22,500 {6,4001 173,955 22,500 179,869 22,986 16,4001 196,455 TOTAL FiJN05 612,788 68,795 681,583 Net movement in funds, included in the above are as folli)ws'. Incomlng resources Resources expended Galns and losses Movement In fur)ds Unrestrlrted funds Accumulated Fund 46.544 114,1131 14.084 46,515 Restrlcted funds EKtraordinary Repair Fund Landisdzle Charlty Restricted Fund 1.188 200 11,9941 18061 loo iiooi 1,388 11001 11,9941 17061 Endowment funds Perrnanent Endowment Investment Property Revaluatltsn Reserve 482 22,500 486 21500 22,982 22,986 TOTAL FUNDS 47,936 114,2131 35,072 68,795 -16-
LANDISDALE ALMSHOUSE AND UNKNOWN DONOR CHARITY NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 14. MOVEME IN FUNDS-contlnued Comparatlves for movement In funds Net movement in funds Transfers between funds At 1.10.23 At 30.9.24 Unre5trlcted fund$ Accumulated Fund 318,081 49,645 6,359 374,085 Re5trlrted funds Extraordinary Repalr Fund Landi5dale Charity Restricted Fund 52,051 6,523 219 260 12191 58,834 52,051 6,742 41 58,834 Endowment fund5 Permanent Endowment 183,766 2,503 16,4001 179.869 TOTAL FUNDS 553,898 58,890 612,788 Comparative net movement In funds, included In the above are as follows- Incoming resources Resources expended Gains and losses Movement in funds Unrestricted fund5 Accumulated Fund 43,894 119,3421 25,093 49,645 Restrlcted funds Extraordlnary Repalr Fund L8ndlsdale Charity Restricted Fund 1,208 438 5,315 6,523 219 12191 1,646 12191 5,315 6,742 Endowment fvnd5 Permanent Endowmènt 2,503 2.503 TOTAL FUNDS 45,540 19,5611 32,911 58,890 -17-
LANOISDALE ALMSHOUSE ANO UNKNOWN DONOR CHARITY NOTE5 TO THE FINANCIAL STAYEMENTS- contlnued FOR THE YEAR ENDED 30 SEPTEMBER 2025 14. MOVEMENT IN FUNDS- contlnued Funds and ieserves Perm?nent Endowment Fund The Pprmanent Endowment Fund represents the Charlty's houslng propertles and the Permanent Endowment investments. The Fund is not expendable wlth Income from Its Investments avallable for the general purposes ol the charity. Capltal growth in the Investments is added to the Fund. A transfer is made to or from the Fund equal to the movement on the housing propertie5 each year. Investment Property Revaluatlon Reserve The Investment Property Revaluation Reserve 15 permanent endowment of the Charlty and represents the £aln on revaluatlon of its Investment property durlng the year ended 30 September 2025. Landlsdale Charlty Restrlcted Fund The Charlty ls entitled to recelve one half of the Income from the allotments and from certain investments, the other half being pald to Danbury Church. The CharSty'S Share of the Income Is available for the general purpose5 of the Charity and is transferred to the Accumulated Fund. Extraordlnary Repair Fund The Extraordinary Repair Fund is unrestrlcted but deslEnated by the Trustees to cover the cost of extraordinary repalrs as they arise, A transfer Is made from the Accumulated Fund each year to the Extr3ord1nary Flepair Fund to cover extraordinary repalrs as they ar15e. The transfer 15 £260 per annum as required by the CharSty Scheme. The Fund is speclfleally Invested. Income and capltal growth on these Investments is added to the Fund. ACMlated fund The balance on thls Fund represents accumulated Surpluses of the Charlty and is available for the general purposes of the Charity. 15. RELATED PARTY DISCLOSURES The 5 acre field Is let at a market rent of £450 per annum to a business In which Mr R Speakman, a trustee, has an Snterest. -18-
LANDISDALE ALMSHOUSEAND UNKNOWN DONOR CHARITY DgrAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER Z025 2025 2024 INCOME AND ENDOWMENTS Investment Income 5 acre field rent receivable Allotment rent receivable Dividends re1vable Accumulated share divldends recelvable COIF dep051t account interest 450 156 6,144 8,492 3.219 450 390 6,392 7,736 2,299 18,461 17,267 Charltable actSvliles Contributions recelvable 29,475 28,273 Total Incoming resource5 47,936 45,540 EXPENDITURE Charltable actlvltle5 Water charge5 Insurance Repairs and malntenance Extraordinary repalrs Sundry expenses Freehold propertv Donation to Danbury Church 1,578 1,313 1,428 1,726 1,365 1,940 4,572 240 6,400 219 233 6,400 100 11,052 16,462 Support Costs Management Clerk fee5 Sub5crlption5 1,800 27S 1.800 267 2,075 2,067 Governance costs Independent examination fees Accountancy fees 187 899 178 854 1,086 1,032 Total resources expended 14,213 19,561 Net Income 33,723 25,979 Th15 page does not form part of the statutory financial statements -19-