GILSONS HOSPITAL CHARITY
Registered No.. 218929
ANNUAL REPORT
and
STATEMENT OF ACCOUNTS
For the year ended 11 October 2024
Chattertons
Solicitors
9 Broad Street
Stamford
Lincs
PE9 1PY
REF: PR.GILS0021001

GILSONS HOSPITAL CHARITY
TRUSTEES, ANNUAL REPORT
Year Ended 11th October 2024
Gilsons Hospital Charity clo 9 Broad Street, Stamford, Lincolnshire, PE9 1 PY is registered with
the Charity Commissioners No. 218929 and constituted as an unincorpofated association by
Deed of Trust daled 15th March 1978.
The Charrty is administered by a Management Committee of Trustees compri5ing:_
MTS S Leech
Mrs A Hazelwood
Mts S Traylen
Mrs JI Parker
Chairman
Mr REJ Boyle
Mr GH Finch
Mr C Tyler
Mrs F VVhitField
Mr MG Wlllis
Rev S Gamble
Mrs H Saunders
Clerk to the Trustees.. Clare Knoop, (p￿vIOuslY Mr Philip Robson), 9 Broad Street, Slamford,
Lincs PE9 1PY
The object of the Charity is to provide accommodation in the almshouses for persons qualifying
according lo the conditions as laid by the Trust Deed.
The Charity is administered and managed by the Trustees, subject to and in conformity with
the provisions of the Scheme and such services provided by the Trustees are made on
voluntary basis. The power lo appoinl new Trustees is vested in the exisling Trustees. When
new Trustees are appointed they are given an overview of the Charity and an oudine of both
ils operational and financial activilies. New Trustees are selected in order to gain benefil from
their skills and experien￿, lo complement the existing Trustees, and to provide succession.
The Trustees can report that the management of the Charity was in their opinion completed
on a satisfactory basis during the year. The Trustees having considered the guidelines issued
by the Charity Commission on public benefit are of the opinion that the criteria are being met
within the objectives and activities of the Charty.
Revlew of the yoar:
Mrs J I Parker, Mrs A Hazelwood and Mrs F Whiffield have all resigned as Trustees.
The Trustees have continued maintenance works to the Charity properties as advised by the
Charity Architects throughout the year. The Trustees have reviewed their financial investments
and their portfolio is now manage(1 through Chattertons Wealth.
The Trustees hèld this summer meeting at Morcott House Farm Scredington. They had a tour
of the farm and were shown where and how the proposed reservoir would impact the fami.
The financial position of the Charity at 11ty1 October 2024 is considered satisfactory and more
than adequate to meet the objectives of the Charity.
Signed
Dated
Mr REJ Boyle
For and on behalf of the Trustees
l/f/
V).
Page11

GILSONS HOSPITAL CHARITY
Year Ended 11 Ih October 2024
RECEIPTS AND PAYMENTS ACCOUNT (General Purposes Fund)
2024
2023
Income Receipts
Rental Income- Farm
Almshouses
19.100
18,589
19.100
17.844
Wayleaves- Wèstern Power
Dividends
Interest
Anglian Water- licence fee
Severn Trent refund
245
2,928
196
500
245
5.404
81
250
55
Total Receipts
41,558
42,979
Direct Charitable Expenditure
Maintenance 8nd Repairs
Property improvements
Insurance
Water Rates
Agen15 fees
Planning Permission
7.101
6,561
60.069
3.368
3,516
1.146
3.554
3.817
1,146
21.604
74,660
Other Expenditure
Clerks Salary
Accountancy fee
Subscriptions
Sundries
Peter Wilmot-fees
4,200
810
400
497
4.200
792
236
447
Total Paymonts
Net Re¢Èlpts for the year
Bank balances at 11 October 2023
10,533
34,226
(44,1601
78,386
Bank balanGp$ at 11 October 2024
44,759
34,226
Page12

GILSONS HOSPITAL CHARITY
Year ENled 11th October 2024
STATEMENT OF ASSETS & LIABILITIES AT 11 OCTOBER 2024
General Purpose Fund
2024
2023
IAonetary A8Eets
ChBitertons
gh InteMI Bank account
Buslne&8 Premlum Bank account
Corrtmunlty Bgnk ac¢ount
245
13.1r2
352
428
11071
347
44,7Sg
ITWStmentAsse15 (at marknl vdueB as at
October 2024)
3.653
85,391
84.739
A J 8etl 8glan￿d I
W S Canlife Portfollo
42516h8￿811
8930 JuplteT HT Speclal
6797 Aya Worfd
9760Artemis
1920 UK 1.25°h
4UOO Empiric Stucknt
Charllie5 Deposft Fund
4480 UK Cpmmèrclal
9300 8NY Mdlon
4091 Gemcap Investrnent
4125 Link Fund
4800 HICL Infrastructure
14800 M&G Investment Man Global
18700 Jupker UT Mngrs Slratsglc Boncl
7000 Royal Land¢n Sllrting Crqdl
12,990 JP ML¥o8n
4183 Royal Lcndon
6710 Sequrya Econom
120 Lwid
4.213
9,974
9,093
9,920
3.837
3.S86
16,000
2,383
17,620
7,705
5.106
6.957
18,254
9.530
7,959
e,438
10.014
s,￿9
15.891
Flxed used by the Chwlty
173.783
177,068
Land and buildlng$ (&teO8t)
499,403
499AOJ
Uabmitles
A HvuslTr9 Assectalion granl of£67,015 woB advanced many ye8r8 ago against the 8CqUl$itton t05tol
Ih¢8lmshouses. Th15 amount onty becomp5 rèpayable upon A $ubsèqu8nl tlisposal ol Ihp alm8hou8es
andls IheTefore unlikely lo m*erialisè. Therè were no further liobllftks at the yew end.
Approved by t
a￿16 I.201.5........
. and swl ￿ Ihelr behalf by:
Mr. R.Ea.Bo
Page13

GILSONS HOSPITAL CHARI
Maintenance l Repairs 2024
October 2023
Washing Machine- 4 Gilsons Close
319.99
November 2023
Robert Cliff Ltd- Healing 2 Tylers Row
60.00
November 2023
David MeRoy811- Gardening
200.00
December 2023
A F D Construction- GLrtterwork
965.64
December 2023
A F D Construction. Fire sensors
2,561.48
February 2024
Robert Cliff Ltd- Boilers serviee
1.057.20
April 2024
Oavid McRoyall- garden
109.98
May 2024
Washing machine- 1 Gilsons Close
319.99
June 2024
J C Conslruclions Ltd- Survey report
660.00
June 2024
David McRoyall- Gardening
120.00
September 2024
David M¢Royall- Gardening
128.99
October 2024
Tunstall - service contract
597.58
TOTAL
7.100.85
Page14

GILSONS HOSPITAL CHARITY
Sundries
De¢ember2023
Morcott Village Hall fees
16,50
December 2023
Christmas gifts
437.50
March 2024
E.ON Nexl- 3 Tyler Row
43.46
TOTAL
497.46
Page15

GILSONS HOSPITAL CHARITY
Planning Pennission
December 2023
Orwjin Design Studio Ltd- Bams planning permission
3.$84.00
February 2024
Planning fee
322.00
April 2024
Ori91n Desiyn Studio Ltd- Bam$ planning peimission
1,980.00
TOTAL
5.986.00
Page16

INDEPENDENT EXAMINER, S REPORT
TO THE TRUSTEES OF GILSONS HOSPITAL CHARITY
I report lo the charity trustees on my examinalion of the accounts of Ihe charity for
the year ended 11 October 2024 which are set out on pages 2 to 3.
Responsibililies and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in
accordance with the requiremenls of the Charities Act 2011 ('the Act'}.
I report in respect of my examination of the charity's accounts carried out under
section 145 of the 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 statement
I havè completed my examination. l Confimi that no material matters have come to
my attention in connection with the examination giving me cause to believe that in
any material respect".
accounting records were not kept in respect of the charity as required by section
130 of the Act., or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in Ihis report in order to enable a
proper understanding of the accounts to be reached.
K M Hilliard ACA FCCA CTA
Chartered Accountant
Price Bailey LLP
36 Tyndall Court
Commerce Road
Lynchwood
Peterborough
PE2 6LR
. ,sc16125
Page17