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2025-06-30-accounts

Trustees’ Annual Report for the period

From 1[st] July 2024 to 30[th] June 2025

Charity name: Charity of Mary Parminter

Charity registration number: 210057

Objectives and Activities

SORP
reference
Summary of the purposes of
the charity as set out in its
governing document
Para
1.17
The objects of the charity are:
a. The relief of poverty by the provision of
housing for beneficiaries, and
b. Such charitable purposes for the benefit of
the residents as the trustees decide.
c. The maintenance of the endowed chapel
served by a chaplain and a manse to serve
as a residence for the chaplain or for other
purposes determined by the trustees.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para
1.17 and
1.19
The charity provides and maintains six almshouses
as accommodation for single women.
Although almshouses are not currently categorised
as social housing, in practice they provide
accommodation
that
is
significantly
more
affordable than market prices i.e. at a level lower
than the Local Housing Allowance. The charity
pays for all repairs and improvements to the
almshouses and has begun to make them more
energy efficient by installing air source heat pumps
this year.
The chaplain has oversight over the properties,
exercises pastoral care to the almswomen and
leads worship in the Chapel.
The chapel and manse are Grade 1 listed buildings
and therefore require specialist maintenance and
repairs which accounts for the consistently high
expenditure on these assets. Historic England and
East Devon County Council Conservation Officer
recommended that the charity sought expert advice
from an accredited conservation surveyor and
David George RICS & IHBC was retained. Surveys
of the entire site have been completed and a
comprehensive listed building consent application
has been submitted. Negotiations with the
authorities are in progress to find an acceptable
solution to replacing the leaking roof and render.

1

The chapel windows have been repaired this year
with most having to be almost completely replaced
in a bespoke manner. This has been extremely
labour intensive and has required specialist skills
thus necessitating further expenditure of £26,730
this year.
Planned routine maintenance on the almshouses
has been carried out and loft insulation renewed in
preparation for the air source heat pumps installed
in five out of six of the almshouses in July. This
accounts for the large expenditure taken from the
general account. It was necessary to reinstall the
water tanks in each property in order to qualify for
the BUS grant which halved the cost of purchase
and installation. The sixth almshouse is integrated
within the chapel building and will also receive an
ASHP once the chapel roof and render have been
repaired. New EPCs will be commissioned once all
possible energy saving measures have been put in
place.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para
1.18
The trustees have had regard to public benefit.

Achievements and Performance

SORP
reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para
1.20
Some of the beneficiaries receive government
benefits and would not be able to afford
accommodation in East Devon. Some have family
members in the area and so being able to live
nearby is very important for mutual support. Since
all the residents are capable of independent living,
they each actively contribute to the life of the local
community.
As well as having its own congregation, which is
active in the community, self-supporting, and gives
financial support to national and local charities on
a regular basis, the Grade 1 listed chapel attracts
significant interest from visitors due to its
association with the National Trust property ‘A La
Ronde’.
The meadow in which it stands is being managed
with close attention to maintaining biodiversity and
environmental impact. One of our trustees has
particular responsibility for the meadow and has
specialist knowledge in this area. It is a quiet, and
picturesque space used daily by both members of
the public and community groups.

2

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para
1.21
The Trustees maintain two separate funds for
administrative
purposes,
both
of
which
are
unrestricted. The General Fund which may under the
Scheme be applied as appropriate “in furthering the
objects of the charity”, and the Housing Fund
(designated) which is used for the maintenance and
repair
of
the
residential
properties.
Capital
investments
are
managed
by
the
investment
management company CCLA. (Churches, Charities
and Local Authorities)
The General Fund relates to the provision of the
Chapel building for worship and the Manse for the
resident Chaplain, along with the payment of an
honorarium to the Chaplain. There is an ERF
(Extraordinary Repair Fund) for the Chapel and Manse
which at 30.06.2025 had a market value of £33,464
and a Cyclical Repair Fund for planned maintenance
and repairs with a market value of £17,497. Total
repairs and maintenance costs amounted to £73,239.
The Housing Fund relates solely to the provision of
almshouse accommodation and is required to be self-
supporting and non-profitmaking. The Housing Fund
has an ERF which at 30.06.2025 had a market value
of £100,000 and a Maintenance and Administration
Fund with a market value of £30,000. Total
expenditure on maintenance and repairs was £21,974.
Separate funds are generated by the members of the
Chapel congregation for the running costs of the
chapel and its worship, and for the related expenses
of the Chaplain. The Chapel accounts are attached as
an appendix to the Charity accounts.
Statement explaining the
policy for holding reserves
stating why they are held
Para
1.22
The Charity recognises the need for investment
income to meet the regular excess of costs over
weekly maintenance contributions (WMC income) and
has resolved to maintain reserves amounting to
£140,000 invested with CCLA to generate this income.
In addition, there is a need to have readily available
funds or investments convertible into cash to cover
day to day expenditure, especially if WMC income is
reduced because almshouses become vacant. To
mitigate this risk, free reserves of £35,000 (equivalent
to the WMC generated by full occupancy for one year)
would be required to allow the charity to operate for at
least 12 months. without income from WMC so this
amount is invested in an easy access account with
CCLA.
There are no restricted funds but the current reserves
policy has designated £100,000 for the replacement of
the chapel roof and associated repairs.

3

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document Para 1.25 The Charity is controlled by a Charity
Commission Scheme dated 24 January
2012 (ref 851/1112) amended May 2017
and is Registered Charity No. 210057. The
Incorporation of the Trustees of the Charity
of Mary Parminter was sealed on 28th
October 1993.
The Charity was founded under a Trust
Deed of 1813 by Jane and Mary Parminter
How is the charity
constituted?
Para 1.25 The Incorporation of the Trustees of the
Charity of Mary Parminter was sealed on
28th October 1993.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 The governing document states that there
should be no more than eight and no less
than five trustees with a preference for two
to be ministers of the United Reformed
Church or the Congregational
denominations and the majority of the
remaining trustees to be active members of
a Protestant denomination. The
appointment of a trustee is made by the
trustees at an ordinary meeting or special
meeting called for the purpose.

Additional information

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51 As described in the Trustee Induction Policy:
Trustees are provided with:

The charity’s governing document

A copy of the charity’s Annual Report and
accounts

A copy of the current year’s budget

A copy of the charity’s minutes of recent
meetings

The Charities Commission’s guidance on
‘The Essential Trustee’

A precis of the charity’s history

List of fellow trustees with their present
duties within the charity.

Copy of any current policies.

Other charity specific documentation.
The Almshouse Association provides training
workshops, courses and online training in which
trustees are encouraged to participate at the
expense of the charity.

4

The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 The charity is administered by seven trustees
assisted by a volunteer who acts as both clerk and
treasurer. The chaplain is appointed by the
trustees and reports to them at each trustee
meeting. The chaplain receives remuneration in
the form of an honorarium and expenses which
are reviewed annually.
Relationship with any
related parties
Para 1.51 The Charity is a member of the Almshouses
Association
and
the
management
of
the
properties is in keeping with the guidelines issued
by the Association using their operational policy
templates.

Reference and Administrative details

Charity name Charity of Mary Parminter
Registered charity number 210057
Charity’s principal address Point in View
Summer Lane
Exmouth
Devon
EX8 5BD

5

Names of the charity trustees who manage the charity

1
2
3
4
5
6
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Iain Robert McDonald Chair All trustees appointed by
board of trustees
David Ley
Janine Atkinson
Jenny French-Batten
Lisa Wright
Jayne Taylor

Names and addresses of advisers

Type of adviser Name Address
Independent Examiner Dr Ian Harrison 21 Barton Close, Exton, Exeter, Devon EX3 0PE

Declarations

Signature Full name Iain Robert McDonald Position Chair Date 21st October 2025

6

THE CHARITY OF MARY PARMINTER

REGISTERED CHARITY NO. 210057

ACCOUNTS

FOR THE YEAR ENDED

30 JUNE 2025

0

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE CHARITY OF MARY PARMINTER REG. CHARITY NO: 210057

Report on the accounts of the charity for the year ended 30[th] June 2025 as set out on pages 4 - 11

Respective responsibilities of the trustees and the examiner

The charity’s trustees are responsible for the preparation of the Accounts in accordance with the Charities Act 2011. The trustees consider that an audit is not required under section 144(2) of the Act and that an independent examination is needed. The independent examiner has the responsibility to state whether particular matters have come to their attention.

Basis of independent examiner’s report

The examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently an audit opinion is not expressed.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements

  2. a. to keep accounting records in accordance with the 2011 Act; and

  3. b. to prepare accounts which accord with the accounting policies and to comply with the accounting requirements of the 2011 Act have not been met: or

  4. to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached

NAME:

Dr. Ian Harrison

DATE: 16[th] October 2025

1

SIGNIFICANT INFORMATION

The Charity was founded under a Trust Deed of 1813 by Jane and Mary Parminter then living at A La Ronde in order that its income be applied to:

The Charity is regulated by the Charity Commissioners Scheme dated 24 January 2012, amended 31 January 2017. Registered Number 210057.

Officers for the year 1[st] July 2024 – 30[th] June 2025

Chair: Revd. Iain McDonald 5 Trews Weir Court, Exeter, EX2 4JS Clerk & Treasurer: Mrs. Andrea McAdam19 Phillipps Avenue, Exmouth EX8 3HZ Trustees: Mr Robert Jones 52 Brixington Lane, Exmouth EX8 4JG David Ley 85 Green Close, Exmouth EX8 3QA Revd. Janine Atkinson 24 Halsdon Avenue, Exmouth, EX8 3DL Jenny French-Batten 2 Warneford Gardens, Exmouth, EX8 4EN Lisa Wright Flat 1, 20 Morton Road, Exmouth, EX8 1AZ Revd. Jayne Taylor 6 Hill Close, Exeter, EX4 6HJ Chaplain: Revd. M. Nicholls The Manse, Point-in-View, Summer Lane, Exmouth EX8 5BD The Correspondent: Mrs. Andrea McAdam19 Phillipps Avenue, Exmouth EX8 3HZ Bankers: Nat. West Bank PLC 94 High Street, Honiton, Devon. EX14 1JL Independent Examiner: Dr Ian Harrison 21 Barton Close, Exton, Exeter, Devon EX3 0PE Solicitor: WBW Solicitors 9 Southernhay West, Exeter, Devon EX1 1JG Situation: Point-in-View, Summer Lane, Exmouth EX8 5BD Telephone: Chaplain 01395 260178 The Correspondent: 07975919248

2

Trustees’ responsibility for the Accounts

Charity Law requires the Trustees to prepare Statements of Account for each financial year which represent the state of affairs of the Charity and of its incoming resources and application of resources for that period.

In preparing those Financial Statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records, which are sufficient to show and explain the Charity’s transactions and to disclose with reasonable accuracy at any time the financial position of the Association, and to enable them to ensure that any statements of account comply with the requirements for the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP) FRS 102 and the Charities (Accounts and Reports) regulations 2008.

They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

3

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
STATEMENT OF ASSETS AND LIABILITIES AT 30 JUNE 2025
2025 2024
Note £ £
Freeholdproperty 4 14,848 14,848
Investments 5 180,961 291,700
Cash at Bank and in Hand 44,111 8,384
239,920 314,932
Represented byIncome funds
Designated 152,410 (a) 184,131
Unrestricted 87,511 (b) 130,801
239,920 314,932
Note(a)
Housing Fund _130,000 _ seep10
Freeholdproperty _14,848 _ seep9
Cash at Bank _7,562 _
152,410
Note(b)
General Fund _50,961 _ seep10
Cash at Bank 36,550
87,511
NOTES
1. There were no known contingent liabilities at 30th June 2025
2. There were no capital commitments at 30th June 2025
These Financial Statements were approved bythe Trustees on 21st October 2025
and signed on their behalf by:
Chair: Iain R McDonald
Trustee:

4

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2025
Note General
Fund
Housing
Fund
Total 2024
Receipts £ £
Dividend & Interest 2 11,353 11,353 12,056
Wayleave BT Phoneline 37 37 37
Refund of duplicatepayment 19
Legacy 5,000
Residents' Maintenance Charge 36,643 36,643 38,292
Sale of Investments 110,000 110,000 25,000
Transfer from General 0 0 1,000
Transfer from Housing 5,000 5,000 21,000
131,409 36,643 163,033 97,386
Payments
Management Costs 3 96,889 31,670 128,558 74,848
Transfer to Housing 0 0 1,000
Transfer to General 5,000 5,000 21,000
96,889 36,670 133,558 96,848
Surplus(Deficit) 34,520 -27 29,475 538

5

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1. ACCOUNTING POLICIES

Basis of Accounting. The statement of accounts has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities 2005 and the Charities (Accounts and Reports) regulations 2008.

The Accounts are prepared on a receipt and payment basis under section 133 of the Charities Act 2011.

An examination is carried out under section 145(1) of the Charities Act 2011, but section 144(1) (audit) of the Charities Act 2011 does not apply.

Gifts in Kind. The Charity receives the benefit of work carried out by volunteers and receives the use of facility and equipment without charge; no value is placed on these items.

Taxation. As a registered Charity, the Association benefits from Rates relief and is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Investments. Investments are stated at market value.

2. INVESTMENT INCOME (DIVIDENDS AND INTEREST)

2025 2024
£ £
CCLA COIF Charity Funds
Property Fund 7,181 7,043
Ethical Fund 4171 5,013
Total 11,352 12,056

6

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3. MANAGEMENT AND ADMINISTRATION COSTS 2025 2024
GENERAL FUND £ £
Maintenance Chapel and Manse(see schedulep8) 73,239 37,413
Administration and Sundry 9,781 10,794
Chaplain honorarium and expenses 7,164 5,658
Council Tax 2,975 2,839
Manse heatingsubsidy 1,800 1,890
Gardening 1,165 1,270
Transfer to Housingfund - 1,000
Telephone/Broadband 360 360
Trustee Expenses 110 313
Christmasgifts to residents(see below) 300
Water Rates 295 93
Total 96,889 61,930
HOUSING FUND
Transfer to General Fund 5,000 21,000
Maintenance: Cottages 21,975 9,286
Insurance 3,155 2,984
Garden 3,382 1,570
Subscriptions 419 48
Sundries 1,989 30
Capital expenditure(ventilation system and refurbishment) 500 -
Christmasgifts to residents 250
Total 36,670 34,918

7

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
MANAGEMENT AND ADMINISTRATION COSTS - BREAKDOWN OF
MAINTENANCE & REPAIRS
2025
£
CHAPEL, MANSE AND GROUNDS(FROM GENERAL FUND)
ASHP INSTALLATION IN 1,2,3,6 AND 7 42,410
CHAPEL WINDOW PROJECT YEAR 2 26,730
ELECTRICAL WORK 1,234
CHAPEL AND NO.4 LEAK REPAIR 652
MANSE ELECTRICAL WORK 512
CHAPEL DRAINAGE 502
MANSE ASHP SERVICE AND INSPECTION 270
WASTE REMOVAL 264
CHAPEL WALLS AND ROOF 251
TOILET REPAIRS 175
MANSE DRAINAGE 92
MANSE BATHROOM 88
TWO PORTABLE HEATERS FOR SITE 59
Total 73,239
ALMSHOUSES(FROM HOUSING FUND)
DRAINAGE REPAIR 3,896
FIRE DOOR INSTALLATION NO.4 3,027
LOFT INSULATION 1.2.3.6.7 2,398
DRAIN SURVEY 2,112
WINDOW AND GUTTER CLEANING 1,898
REFURBISH NO1 FOR NEW RESIDENT 1,869
ELECTRICAL WORK NO.4 & NO.6 1,688
FENCE REPAIRS 932
RE-LAY PAVING SLABS NO.7 758
MISCELLANEOUS 633
CHAPEL WINDOW FINAL PAYMENT 542
SECURITY LIGHTING 512
COOKER NO.6 457
JOHN MARSHALL CONSULTANCY FEES 455
REPLACE HEATING SWITCHES NO.2 416
SEPTIC TANK EMPTYING 380
Total 21,974

8

THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

4. TANGIBLE FIXED ASSETS
Cost
Balance on 1 July 2024
Balance on 30 June 2025
Housing Association Grant
Balance on 1 July 2024
Balance on 30 June 2025
Net Book Value on 30 June 2024
Net Book Value on 30 June 2025
Freehold Land and Buildings

£
29,747
--------
29,747
_
14,899
---------
14,899
___
14,848
=====
14,848
=====

Cottages 1,2 and 3 were built in 1969 at a cost of £9,092 and were financed partly from internal funding and partly from an interest free loan from the Charity’s General Fund out of a gift from the Devon and Cornwall Congregational Union.

Cottage 4 was part of the original endowment and created by the amalgamation of original almshouses 4 & 5.

Cottages 6 and 7 were built in 1978 at a cost of £20,655 and were financed by a loan from East Devon District Council (now repaid) and partly from a grant of £14,899 from the Department of the Environment and partly from an interest free loan from the Charity’s General Trust Fund out of a gift from the Devon and Cornwall Congregational Union.

Note: The Charity has no legal right to dispose of the properties other than by transfer to another charity at the nominal book value, representing original costs less the Housing Association Grant (which might have to be repaid). Any proposal for sale must be in consultation with the Charity Commission with the expectation that sale proceeds are used for the re-provision of almshouses.

9

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. INVESTMENTS
No. of
Shares Share price 2025 2024
p £ £
COIF Charity Property Fund
COIF Charity Property Fund 125,676.13 103.37 130,005
COIF Charity Property Fund 125,676.13 106.12 133,464
Allocated to:
General Extraordinary Repair Fund 33,464 30,005
Housing Extraordinary Repair Fund 100,000 100,000
133,464 130,005
COIF Ethical Investment Fund
COIF Ethical Investment Fund 52,245.83 309.49 161,695
COIF Ethical Investment Fund 16,008.32 296.70 47,497
Allocated to:
General Cyclical Repair Fund 17,497 100,000
Housing Cyclical Repair Fund 30,000 61,695
47,497 161,695
TOTAL 180,961 291,700
----- End of picture text -----

10

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
SUMMARY OF FUNDS
2025 2024
£ £
Investments
General Fund (Extraordinary Repair Fund) 33,464 30,005
General Fund (Cyclical Maintenance Fund) 17,497 100,000
Housing Fund (Extraordinary Repair Fund 100,000 100,000
Housing Fund (Cyclical Maintenance Fund) 30,000 61,695
180,961 291,700
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11

APPENDIX

APPENDIX APPENDIX APPENDIX APPENDIX APPENDIX
POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
STATEMENT OF ASSETS AND LIABILITIES AT 30/06/2025
TSB Current Account
Bank balance as at 30.06.2025 £4,314.23 Bank balance as at 30.06.2024 £13,540.84
Less cheques notpresented £0.00 Less cheques notpresented £0.00
£4,314.23 £13,540.84
COIF Deposit Account CO3072543-001
2024/2025 2023/2024
Balance c/f £4,265.31 Balance c/f £4,036.60
Interest £202.52 Interest £228.71
Transfer out to Managed Fund
£4,467.83 £4,265.31
COIF Managed Fund CO3072544-001
2024/2025 2023/2024
Initial investment 9 Jan 2014 £20,000.00 Initial investment 9 Jan 2014 £20,000.00
Balance c/f £56,027.95 Balance c/f £50,382.10
Transfer in from Deposit Acct
Interest
Value 30 June 2024 £54,999.37 Value 30 June 2023 £56,027.95
GAIN/LOSS -£1,028.58 £5,645.85
NOTE: These accounts areprepared on the 'Receipts & Payments' basis and complywith the appropriate legal requirements.
Signed:
A. McAdam
Treasurer

12

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POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
RECEIPTS AND PAYMENTS ACCOUNT
RECEIPTS
2024/2025 2023/2024
Weekly Offerings inc CAF £9,054 £9,826
HMRC Gift Aid Tax Refund 2023/2024 £474 £2,082
Visitors boxes and donations £203 £143
£9,732 £12,051
SPECIAL EVENTS
Weddings £100 £300
Concert/Craft fair £480
£100 £780
IN MEMORIAM
-
Legacy Eve Midgly £1,025
£0 £1,025
MISCELLANEOUS
Jesus Christ Superstar Trip reimbursement £215
Reimbursement of Christmas meal £220
TOTAL RECEIPTS £10,267 £13,856
Cash balance 30/06/2024 £13,541 £14,441
Cash balance 30/06/2025 £4,314 £13,541
- -
Net receipts for 2024/2025 £9,227 £900
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13

POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 RECEIPTS AND PAYMENTS ACCOUNT

POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
RECEIPTS AND PAYMENTS ACCOUNT
PAYMENTS
2024/2025 2023/2024
MINISTRY
Chaplain honorarium £650 £1,659
Chaplain's expenses £1,133
£1,783 £1,659
MISSION & CHARITIES
Embrace the Middle East £2,050 £2,800
Exmouth Food Bank £2,005 £500
Open Door Exmouth £2,000 £1,500
Esteem Team £1,000 £870
Christian Aid £751
Chaplain's discretionary fund £400
Exmouth Coastal Churches Christmas Encounter £50
Small Pilgrim Places £15 £15
URC Ministry & Mission £100
Traidcraft £67
£8,271 £5,852
MAINTENANCE & REPAIR
Tent maintenance £2,160 £1,800
Electricity Bulb/Octopus energy £2,151 £1,482
Cleaning £1,300 £1,300
Gardening £576 £455
Organ £174 £168
Window cleaning £40
£6,402 £5,206
MISCELLANEOUS
Defibrillator purchase and installation £712
Cuckoo (J F) (Broadband) £420 £420
Jesus Christ Superstar trip (reimbursed) £237
Exmouth Pride Event £223
Jenny French-Batten-Secretarial £223 £377
Harvest Lunch £220
Christmas meal £210
Trudi Cotton Coffee £196
Bible Society Course books £187
Catering £176 £367
CCLI (Music Licence) £97 £93
Wheelbarrow £86
Retirement gift to trustee £51
Parish UK subscription £19
Sundries £8
Chapel Away Day £610
Printing £120
Fundfiler £85
£3,038 £2,099
TOTAL PAYMENTS £19,494 £14,816

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THE CHARITY OF MARY PARMINTER

REGISTERED CHARITY NO. 210057

ACCOUNTS

FOR THE YEAR ENDED

30 JUNE 2025

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE CHARITY OF MARY PARMINTER REG. CHARITY NO: 210057

Report on the accounts of the charity for the year ended 30[th] June 2025 as set out on pages 4 - 11

Respective responsibilities of the trustees and the examiner

The charity’s trustees are responsible for the preparation of the Accounts in accordance with the Charities Act 2011. The trustees consider that an audit is not required under section 144(2) of the Act and that an independent examination is needed. The independent examiner has the responsibility to state whether particular matters have come to their attention.

Basis of independent examiner’s report

The examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently an audit opinion is not expressed.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements

  2. a. to keep accounting records in accordance with the 2011 Act; and

  3. b. to prepare accounts which accord with the accounting policies and to comply with the accounting requirements of the 2011 Act have not been met: or

  4. to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached

NAME:

Dr. Ian Harrison

DATE: 16[th] October 2025

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SIGNIFICANT INFORMATION

The Charity was founded under a Trust Deed of 1813 by Jane and Mary Parminter then living at A La Ronde in order that its income be applied to:

The Charity is regulated by the Charity Commissioners Scheme dated 24 January 2012, amended 31 January 2017. Registered Number 210057.

Officers for the year 1[st] July 2024 – 30[th] June 2025

Chair: Revd. Iain McDonald 5 Trews Weir Court, Exeter, EX2 4JS Clerk & Treasurer: Mrs. Andrea McAdam19 Phillipps Avenue, Exmouth EX8 3HZ Trustees: Mr Robert Jones 52 Brixington Lane, Exmouth EX8 4JG David Ley 85 Green Close, Exmouth EX8 3QA Revd. Janine Atkinson 24 Halsdon Avenue, Exmouth, EX8 3DL Jenny French-Batten 2 Warneford Gardens, Exmouth, EX8 4EN Lisa Wright Flat 1, 20 Morton Road, Exmouth, EX8 1AZ Revd. Jayne Taylor 6 Hill Close, Exeter, EX4 6HJ Chaplain: Revd. M. Nicholls The Manse, Point-in-View, Summer Lane, Exmouth EX8 5BD The Correspondent: Mrs. Andrea McAdam19 Phillipps Avenue, Exmouth EX8 3HZ Bankers: Nat. West Bank PLC 94 High Street, Honiton, Devon. EX14 1JL Independent Examiner: Dr Ian Harrison 21 Barton Close, Exton, Exeter, Devon EX3 0PE Solicitor: WBW Solicitors 9 Southernhay West, Exeter, Devon EX1 1JG Situation: Point-in-View, Summer Lane, Exmouth EX8 5BD Telephone: Chaplain 01395 260178 The Correspondent: 07975919248

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Trustees’ responsibility for the Accounts

Charity Law requires the Trustees to prepare Statements of Account for each financial year which represent the state of affairs of the Charity and of its incoming resources and application of resources for that period.

In preparing those Financial Statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records, which are sufficient to show and explain the Charity’s transactions and to disclose with reasonable accuracy at any time the financial position of the Association, and to enable them to ensure that any statements of account comply with the requirements for the Statement of Recommended Practice - Accounting and Reporting by Charities (SORP) FRS 102 and the Charities (Accounts and Reports) regulations 2008.

They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY
PARMINTER
STATEMENT OF ASSETS AND LIABILITIES AT 30 JUNE 2025
2025 2024
Note £ £
Freeholdproperty 4 14,848 14,848
Investments 5 180,961 291,700
Cash at Bank and in Hand 44,111 8,384
239,920 314,932
Represented byIncome funds
Designated 152,410 (a) 184,131
Unrestricted 87,511 (b) 130,801
239,920 314,932
Note(a)
Housing Fund _130,000 _ seep10
Freeholdproperty _14,848 _ seep9
Cash at Bank _7,562 _
152,410
Note(b)
General Fund _50,961 _ seep10
Cash at Bank 36,550
87,511
NOTES
1. There were no known contingent liabilities at 30th June 2025
2. There were no capital commitments at 30th June 2025
These Financial Statements were approved bythe Trustees on 21st October 2025
and signed on their behalf by:
Chair: Iain R McDonald
Trustee:

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2025
Note General
Fund
Housing
Fund
Total 2024
Receipts £ £
Dividend & Interest 2 11,353 11,353 12,056
Wayleave BT Phoneline 37 37 37
Refund of duplicatepayment 19
Legacy 5,000
Residents' Maintenance Charge 36,643 36,643 38,292
Sale of Investments 110,000 110,000 25,000
Transfer from General 0 0 1,000
Transfer from Housing 5,000 5,000 21,000
131,409 36,643 163,033 97,386
Payments
Management Costs 3 96,889 31,670 128,558 74,848
Transfer to Housing 0 0 1,000
Transfer to General 5,000 5,000 21,000
96,889 36,670 133,558 96,848
Surplus(Deficit) 34,520 -27 29,475 538

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

1. ACCOUNTING POLICIES

Basis of Accounting. The statement of accounts has been prepared in accordance with the Statement of Recommended Practice - Accounting and Reporting by Charities 2005 and the Charities (Accounts and Reports) regulations 2008.

The Accounts are prepared on a receipt and payment basis under section 133 of the Charities Act 2011.

An examination is carried out under section 145(1) of the Charities Act 2011, but section 144(1) (audit) of the Charities Act 2011 does not apply.

Gifts in Kind. The Charity receives the benefit of work carried out by volunteers and receives the use of facility and equipment without charge; no value is placed on these items.

Taxation. As a registered Charity, the Association benefits from Rates relief and is generally exempt from Income Tax and Capital Gains Tax, but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Investments. Investments are stated at market value.

2. INVESTMENT INCOME (DIVIDENDS AND INTEREST)

2025 2024
£ £
CCLA COIF Charity Funds
Property Fund 7,181 7,043
Ethical Fund 4171 5,013
Total 11,352 12,056

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3. MANAGEMENT AND ADMINISTRATION COSTS 2025 2024
GENERAL FUND £ £
Maintenance Chapel and Manse(see schedulep8) 73,239 37,413
Administration and Sundry 9,781 10,794
Chaplain honorarium and expenses 7,164 5,658
Council Tax 2,975 2,839
Manse heatingsubsidy 1,800 1,890
Gardening 1,165 1,270
Transfer to Housingfund - 1,000
Telephone/Broadband 360 360
Trustee Expenses 110 313
Christmasgifts to residents(see below) 300
Water Rates 295 93
Total 96,889 61,930
HOUSING FUND
Transfer to General Fund 5,000 21,000
Maintenance: Cottages 21,975 9,286
Insurance 3,155 2,984
Garden 3,382 1,570
Subscriptions 419 48
Sundries 1,989 30
Capital expenditure(ventilation system and refurbishment) 500 -
Christmasgifts to residents 250
Total 36,670 34,918

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
MANAGEMENT AND ADMINISTRATION COSTS - BREAKDOWN OF
MAINTENANCE & REPAIRS
2025
£
CHAPEL, MANSE AND GROUNDS(FROM GENERAL FUND)
ASHP INSTALLATION IN 1,2,3,6 AND 7 42,410
CHAPEL WINDOW PROJECT YEAR 2 26,730
ELECTRICAL WORK 1,234
CHAPEL AND NO.4 LEAK REPAIR 652
MANSE ELECTRICAL WORK 512
CHAPEL DRAINAGE 502
MANSE ASHP SERVICE AND INSPECTION 270
WASTE REMOVAL 264
CHAPEL WALLS AND ROOF 251
TOILET REPAIRS 175
MANSE DRAINAGE 92
MANSE BATHROOM 88
TWO PORTABLE HEATERS FOR SITE 59
Total 73,239
ALMSHOUSES(FROM HOUSING FUND)
DRAINAGE REPAIR 3,896
FIRE DOOR INSTALLATION NO.4 3,027
LOFT INSULATION 1.2.3.6.7 2,398
DRAIN SURVEY 2,112
WINDOW AND GUTTER CLEANING 1,898
REFURBISH NO1 FOR NEW RESIDENT 1,869
ELECTRICAL WORK NO.4 & NO.6 1,688
FENCE REPAIRS 932
RE-LAY PAVING SLABS NO.7 758
MISCELLANEOUS 633
CHAPEL WINDOW FINAL PAYMENT 542
SECURITY LIGHTING 512
COOKER NO.6 457
JOHN MARSHALL CONSULTANCY FEES 455
REPLACE HEATING SWITCHES NO.2 416
SEPTIC TANK EMPTYING 380
Total 21,974

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

4. TANGIBLE FIXED ASSETS
Cost
Balance on 1 July 2024
Balance on 30 June 2025
Housing Association Grant
Balance on 1 July 2024
Balance on 30 June 2025
Net Book Value on 30 June 2024
Net Book Value on 30 June 2025
Freehold Land and Buildings

£
29,747
--------
29,747
_
14,899
---------
14,899
___
14,848
=====
14,848
=====

Cottages 1,2 and 3 were built in 1969 at a cost of £9,092 and were financed partly from internal funding and partly from an interest free loan from the Charity’s General Fund out of a gift from the Devon and Cornwall Congregational Union.

Cottage 4 was part of the original endowment and created by the amalgamation of original almshouses 4 & 5.

Cottages 6 and 7 were built in 1978 at a cost of £20,655 and were financed by a loan from East Devon District Council (now repaid) and partly from a grant of £14,899 from the Department of the Environment and partly from an interest free loan from the Charity’s General Trust Fund out of a gift from the Devon and Cornwall Congregational Union.

Note: The Charity has no legal right to dispose of the properties other than by transfer to another charity at the nominal book value, representing original costs less the Housing Association Grant (which might have to be repaid). Any proposal for sale must be in consultation with the Charity Commission with the expectation that sale proceeds are used for the re-provision of almshouses.

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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. INVESTMENTS
No. of
Shares Share price 2025 2024
p £ £
COIF Charity Property Fund
COIF Charity Property Fund 125,676.13 103.37 130,005
COIF Charity Property Fund 125,676.13 106.12 133,464
Allocated to:
General Extraordinary Repair Fund 33,464 30,005
Housing Extraordinary Repair Fund 100,000 100,000
133,464 130,005
COIF Ethical Investment Fund
COIF Ethical Investment Fund 52,245.83 309.49 161,695
COIF Ethical Investment Fund 16,008.32 296.70 47,497
Allocated to:
General Cyclical Repair Fund 17,497 100,000
Housing Cyclical Repair Fund 30,000 61,695
47,497 161,695
TOTAL 180,961 291,700
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THE INCORPORATED TRUSTEES OF THE CHARITY OF MARY PARMINTER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
SUMMARY OF FUNDS
2025 2024
£ £
Investments
General Fund (Extraordinary Repair Fund) 33,464 30,005
General Fund (Cyclical Maintenance Fund) 17,497 100,000
Housing Fund (Extraordinary Repair Fund 100,000 100,000
Housing Fund (Cyclical Maintenance Fund) 30,000 61,695
180,961 291,700
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APPENDIX

APPENDIX APPENDIX APPENDIX APPENDIX APPENDIX
POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
STATEMENT OF ASSETS AND LIABILITIES AT 30/06/2025
TSB Current Account
Bank balance as at 30.06.2025 £4,314.23 Bank balance as at 30.06.2024 £13,540.84
Less cheques notpresented £0.00 Less cheques notpresented £0.00
£4,314.23 £13,540.84
COIF Deposit Account CO3072543-001
2024/2025 2023/2024
Balance c/f £4,265.31 Balance c/f £4,036.60
Interest £202.52 Interest £228.71
Transfer out to Managed Fund
£4,467.83 £4,265.31
COIF Managed Fund CO3072544-001
2024/2025 2023/2024
Initial investment 9 Jan 2014 £20,000.00 Initial investment 9 Jan 2014 £20,000.00
Balance c/f £56,027.95 Balance c/f £50,382.10
Transfer in from Deposit Acct
Interest
Value 30 June 2024 £54,999.37 Value 30 June 2023 £56,027.95
GAIN/LOSS -£1,028.58 £5,645.85
NOTE: These accounts areprepared on the 'Receipts & Payments' basis and complywith the appropriate legal requirements.
Signed:
A. McAdam
Treasurer

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POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
RECEIPTS AND PAYMENTS ACCOUNT
RECEIPTS
2024/2025 2023/2024
Weekly Offerings inc CAF £9,054 £9,826
HMRC Gift Aid Tax Refund 2023/2024 £474 £2,082
Visitors boxes and donations £203 £143
£9,732 £12,051
SPECIAL EVENTS
Weddings £100 £300
Concert/Craft fair £480
£100 £780
IN MEMORIAM
-
Legacy Eve Midgly £1,025
£0 £1,025
MISCELLANEOUS
Jesus Christ Superstar Trip reimbursement £215
Reimbursement of Christmas meal £220
TOTAL RECEIPTS £10,267 £13,856
Cash balance 30/06/2024 £13,541 £14,441
Cash balance 30/06/2025 £4,314 £13,541
- -
Net receipts for 2024/2025 £9,227 £900
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POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 RECEIPTS AND PAYMENTS ACCOUNT

POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025 POINT IN VIEW CHAPEL ACCOUNTS FOR YEAR ENDING 30/6/2025
RECEIPTS AND PAYMENTS ACCOUNT
PAYMENTS
2024/2025 2023/2024
MINISTRY
Chaplain honorarium £650 £1,659
Chaplain's expenses £1,133
£1,783 £1,659
MISSION & CHARITIES
Embrace the Middle East £2,050 £2,800
Exmouth Food Bank £2,005 £500
Open Door Exmouth £2,000 £1,500
Esteem Team £1,000 £870
Christian Aid £751
Chaplain's discretionary fund £400
Exmouth Coastal Churches Christmas Encounter £50
Small Pilgrim Places £15 £15
URC Ministry & Mission £100
Traidcraft £67
£8,271 £5,852
MAINTENANCE & REPAIR
Tent maintenance £2,160 £1,800
Electricity Bulb/Octopus energy £2,151 £1,482
Cleaning £1,300 £1,300
Gardening £576 £455
Organ £174 £168
Window cleaning £40
£6,402 £5,206
MISCELLANEOUS
Defibrillator purchase and installation £712
Cuckoo (J F) (Broadband) £420 £420
Jesus Christ Superstar trip (reimbursed) £237
Exmouth Pride Event £223
Jenny French-Batten-Secretarial £223 £377
Harvest Lunch £220
Christmas meal £210
Trudi Cotton Coffee £196
Bible Society Course books £187
Catering £176 £367
CCLI (Music Licence) £97 £93
Wheelbarrow £86
Retirement gift to trustee £51
Parish UK subscription £19
Sundries £8
Chapel Away Day £610
Printing £120
Fundfiler £85
£3,038 £2,099
TOTAL PAYMENTS £19,494 £14,816

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