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¢fft￿r of the NaTrona] Asso¢iAtion of ￿MShoU5e&
The Truste¢s for th¢ yw ¢nded 31" March 2025 were:.
Cllr NA Flowells (Town Mayor) (resi￿ed 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 eX￿lfi¢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 Tru￿ee 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 PrO￿rty alld investmtnts are valued at CO54 although it L5 thought that current value5 are si8nifJcat)tly
hi8her.
Thc Inve￿ment 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 TrU￿teS 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 h￿d 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
Insur￿ce
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 Pro￿ry at Co
IT2vesthient at Cost
21rd)
21bl
£18,154
34,693
52,847
£18,154
34.693
i1847
CURRENT ASSETS
Balances ￿lIa￿k:_
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 Pr￿lIce 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 Inle5￿cnt Is for sha￿5 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
UDrtgtiiot*d RtBirfje*d
Fpnds
Funds
Deyi8Dattd
CipiiAI
Cener*l
Tot*1
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 eXp￿i￿all0￿ 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 a￿OUnts
and s¢ckift8 explanations from you a5 Trust¢E5 ¢on¢ernitt8 any such ll￿tter5. 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