THE T J EVAI¥STRU T CHARITY ACCOUNTS ST 31 MARCH 2025
THE T J EVANS TRUST CHARITY ANNbAL REPORT FOR THE YEAR ENDED 31 MARCH 202S The T J Ev8ns Trust Icharity No. 213874} wos founded by the Will of Thomas Joseph Ev8ns on 21" January 1937 ond been varied or aff¢cta by s¢h¢m¢s of the Charity Comrni55ion in 1938, 1951. 1960 1987. Th¢ TTusr is aIso 8 m¢fftr of the NaTrona] Asso¢iAtion of MShoU5e& The Truste¢s for th¢ yw ¢nded 31" March 2025 were:. Cllr NA Flowells (Town Mayor) (resied l5.05.2025} Rev AR Pawley (Vicar of ihc Parish of St Mary's Cl)urch. Welshpooll Cllr P Pritchard (appointed by the To¥vn Council} Ichaimwl Cllr H Sherlock lirtdependcnt mcmberl Cllr E Bleivas lappoini¢d by Town Court¢ill Th¢ AdThinistraior ihe Trusttts for the year Mrs Sustn Richards. The body of the Tn]skes comprises eXlfi¢l0 Trustees (the Vicar of the Parish of St MarYs, We15hpool 8nd the Town Mayor), two ominally¢ Trnste¢s {who need themselves be Town Councillorsl appointed by the Town Council and a C041PMive Truee who has special knowledge of the town of Welshpool. Th¢ obje¢t of ibe Charity is to provide low cost sheltertht housing to residents. ofthe lown or parish of Welshpool who are over the age ofsixiy y¢ar5 and in Treed. The Trust owns ond runs Haven Court where there are nine tlat5 for residents. The renTS are kepl as low as ptsssible and include TV licence% and the %ervtc¢s of a gardener a window eleanrr. Iniemal and exiernal repwrs and decoration arc carried out whett neccssary at Ihc txpertse of thc Charity. Finanw: The arLached financial st&iemenTS Show the inceme artd ¢xpenses of the Trusi in the year ended 31# Mar¢h 2025 nd the valuation of assers #md intrestments at the yc2r-end. The cornmittee continue5 to monitor carefvlly sll¢h expenditure and in their opinion these sratrments show the position of the Trust ro be sound. Land an(1 PrOrty alld investmtnts are valued at CO54 although it L5 thought that current value5 are si8nifJcat)tly hi8her. Thc Invement IThe NwiotsBI Associatiom of Almshouses Common Investtnent Fundl gencAte5 quarterly dividends and together with dcposil account interest and rents represents the regul income of thc Tn2St. During the f)nancJal year 202412025, there considerable ¢XFenditurc incurred in respect of the re-roofin8 of flats 7.8 and 9. New PVC f&scia boards guttering and doumpipes were fitted on 8]1 nine flats. Anoih¢r impact of not htvin8 a bank account for the previous fingn¢iaJ year was the need to coll¢¢t a substantial Y&mount of Reni in ¢&sh. this W&S partially used ro pay ¢xp¢rts¢s with the balance beinB paid Into the new b&nk accouni. On rccoftciling Ihe 8mount Paid inio Ihe account it w&s identified that this higher th1 80ti¢ipat&J and the TrUteS are eurrenily investigating why this ar0 and th¢ ¢orr¢ct tr¢attneni. The asnounr 15 shown in the balance she as Cash Advanced under ¢ent liabilities. The IDdependeni Examiners 8re Callwaliader & Cu LLP. ChgJter¢d Certified ACCOUntsn Welshpool. Cllr P Prltrhard, Chiir On behalf of ihe Management Comtnitt 7th January 2026
THE T J EVANS TRusf CHARITY STATEMENT OF FINANCIAL ACTIVITIES CH20 tes 2025 2024 RECEIPTS Income Receipts: Ittv¢sunertt Income Rents R¢ceived 2{bl 4,833 32.410 4.654 31,170 Totsl Reteipts 3S824 PAYMENTS Charitablt A¢tlvlty Dlred ExptDdt¢urv. Provision of Prop¢rry. Council & Water Raici Genera] Repwr5 & R¢novations Electricity Window Cleaning Se¢retary'& Warden's hd Gard¢ner's Wages 1,532 3.274 803 248 87,474 396 9.740 97.610 24,880 Other Expenditure: Postag4 Ststionery. Advcrtising & Incidentals Telephune Insurce Aceountancy 942 1.674 135 1,541 420 ,459 474 3.790 TotAI ExpendittsrÈ Net IDefieillSurplus for tht Year Fund Bg18Dcu Brougbt Forward Fund Balance Carried Forward 163342> 7,154 178. 18A058
THE T J EVANS TRUST CHARITY STATEME]YT OF ASSETS AND LIABILITIES AT 31 MARCH 2025 Noies 2025 2024 FIXED ASSETS Land Prory at Co IT2vesthient at Cost 21rd) 21bl £18,154 34,693 52,847 £18,154 34.693 i1847 CURRENT ASSETS Balances lIak:_ Current Account Cash Bala¢ 73.491 136.733 73.491 136,733 CURRENT LIABILITILS Crediior Cash advanced 196 3,326 3.522 3,522 3.522 NET ASSETS 122*16 186,058 REPRESENTED BY Unrestricted Intome FuTrd$ General I'urposts Designaied Fund 69,969 18.154 133,?11 18.154 Restricted ltrjtome Funds Capiial Fund 34.693 34.693 122
THE T J EVANS TRUST CHARITY NOTES T THEA NTS ENDED 31 MAR I. ACCOUNTING POLICIES GeDer#l I'he accounts havc been prepared under the histori¢ cost convcntion end in a¢¢ordance with the Statement of R¢¢ornmended PrlIce for ChaTiti¥, pr¢parin8 annual accounts on the receipts and payment b&8iS. FIXED ASSETS lal. Used by Ch&rity The land and buildings Ar¢ shown at C05t without any d¢preLiation cha• as the trustec5 btlieve that the cyrTCllt valuation of the fr¢¢hold prop¢rty is higher cost. Ib). Investment The Inle5cnt Is for sha5 held in The Natton Association of A]mshouses Common Investsnent Fund. The8e are Shown at cost on the balance sheet fj] a divid& is received on this tnvestm¢Trr quartwly ea¢h y¢4r. Valuaiions &8 ai the balance shect date." A¢¢umulated Fund £54,785.88, Inwme Units £1 11.077.95. SUMMARY Ofr NET ASSETS BY FUNDS UDrtgtiiotd RtBirfjed Fpnds Funds Deyi8Dattd CipiiAI Cenerl Tot1 Fixcd.4ssels Nct Current A55ets £18,154 £34,693 £52.847 £69.969
INDEPEND NT INER'S REPORT TO THE TRUSTEES OF THE T J EVANS TRUST CHARITY ON THE ACCOUNTS FOR THE YEAR ENDED 3t MARCH 2025 Rosp¢ttlve ResponslbllStles of Trustees And ExAminer A5 the eharity's tNstees you are responsible for the preporation of th¢ accounrs,. you Consider ih81 the audit quirement of S¢ction 43{21 of the Charities Act 1993 (the A¢il do¢5 noi apply. It is ourresponsibility to statG on the basis of pro¢eduTe$ specifitd in the Gcnerai Director5 givtn by the Chariiy Cotnzni55Loners undcr Section 4317llbl of the Act. whether PJAi¢ular matters hav¢ come to our attention. BAsi5 of Independent Examiner's Report OUT ¢xarninatiott was ¢arried out in accord2nce with the GerLeT81 Dir¢¢to1 given by th¢ ChaTiiV CornTnission¢T5. An eXpiall0 include5 a r¢view of the a¢couniin8 recorth kcpL by lh¢ ChdTity and a comparison of the accounts presented with those records. Il also iDclud¢s consideration of any unusua] it¢rn5 of disclosures in the aOUnts and s¢ckift8 explanations from you a5 Trust¢E5 ¢on¢ernitt8 any such lltter5. The procedures undertaken do not provid¢ 811 th¢ e%'id¢n¢¢ that would be requ5red in an audit, and consequenlly we do noi express an audit opiniort on the view given by the a¢count* Independent Examiner's Statemtnt In conntetion with our examin&lion. no matter has come to our attektion.. Whi¢h giv¢s us rtssonablc cwsc lo believe that in any material Tespe¢t the requirements To keep a¢¢ounting records in accord>thee S)00 41 of the Aci- and To Prepare a£counts h1¢h accord the accountin8 records Ènd lo comply with the acwunting rquittmenLS of the Act have not bttn rn¢L or To which, in OUT Dpinion, attention should bc draw in Order to en#blc È proptr uftdcrstanding of the ourtts io be reached. SigDed Cadwallader & Co LLP Chartered Accountants E£gle HOUSE ?5 SeN'em Streei Welshpool, Powys SY?17AD 7th Janudrn 2026