Charity Registration No. 220417
GOSUNG HOUSE
UNAUDrrED
TRusfEES' REPORT AND FINANaAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2023

GOSUNG HOUSE
CONTENTS
Page
Reference and administrative detsi15 of the charity, its trusiees and advisors
Trustees, report
Independent examinerfs report
Statement of financial activities
Balance Sheet
Notes to the financial ststements
7-12

GOSUNG HOUSE
REFERENCE AND ADMINISTRAThIE DETAILS OF THE CHARttY. Tfs TRUSTEES AND ADVISORS
RYR THE YE4R ENDED 37 DECEMBER 2023
Trustees
Mr N Rayner
Mr R M Tvrydle
Mr D Dumbleton
Mrs E Williamson
Ms P Norrnan
Charity regislered number
220417
Principal office
21-27 Cassio Road, Watford, Hertfordshire. WD18 (K2P
Bankers
Lloyds TSB, 67 High StreeL Watford, HertFordshire
Investment Advi50rs
M&G Securities Limited, PO Box 6108. Basildon. Essex
Independent Examiner
Paul Windmill FCA Myer5 Clark Chartered Accountsnts, Egale 1, 80 St Albans Road, Watford, WD17 1 DL

GOSUNG HOUSE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER2023
The Trustees present the annual report and financial statements of Gosling House (the charity) for the year I
January 2023 to 31 December 2023. The financial statements compty with current statutory requirements and the
requirements of the Charitys goveming document.
Objectives and Artivities
pouaES AND OWEcllvES
The ensure a comfortable, safe and fn'endly home for the residents.
To maintain the pfemises to a high stsndard by working to an agreed pro9ramme of repairs, replacements
and re-decoration.
To manage the affairs of the home in an efficient successful manner.
Achievements and perforniance
a. REVIEW OF ACTIVTfiES
In the year. the trustees worked hard to achieve the objectives above.
b. RESERVES POUCY
The Charity has a reserves policywhich reflertsthe need to maintain current operationswhile providing for future
commitments. Fund5 held at 31 December 2023 amounted to £397,138 12022.. £387.3551. All funds are
unrestricted.
GOING CONCERN
After making appropriate enquiries, the trustee5 have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable fijture. Forthis reason, they continue to adopt
the going concern basis in preparing the financial statement& Further detsils regarding the adoption of the going
concern basis can be found in the Accounting Policies.
Structure. Governance and Management
CONSTrruTION
Gosling House (registered a5 Mr Gosling's Home for Aged Women) is constituted by a Trust Deed dated 14th
November 1933. The charity de-registered as a Housing Association on 25th February 1999.
The principal object of the charty is the provision of accommodation for spinsters and widows. who are not less
than fifty years of age, the residents providing only a contribution the running of the Home.
b. METHOD OF APPOINTMETrif OR ELECTION OF TRUSTEES
The management of the charity is the respon5ibilty of the Tnjstees who are elerted and co-opted under the
terms of the Trust deed.

GOSUNG HOUSE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED31 DECEMBER2023
c. RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed. in particular those related to the
operations and finances of the charity, and are satish.ed that systems and procedures are in place to mitigate our
exposure to the major risks.
PUBUC BENEFIT
The trustees confimi that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the charty's aims and objectives and in planning future adivities.
TRUSTEES. RESPONSIBimES STATEMENT
The Trustees are responsible for preparing the TnJstees' report and the financial statements in accordance with
applicable law and United Kingdom Accounting Stsndards (Unite Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England &Wales requires the Trustees to prepare financial statements for each
financial yearwhich give a true and fair view of the state of affairs of the charity and of the incoming resources
and application of resources of the charity for that period. In preparing these financial 5taternents, the Trustees
are required to..
Selert Sultable accounting policies and then appty them consistent￿,
Observe the methods and principles in the Charities SORP,
Make judgements and accounting estimates that are reasonable and pnJdenL"
Prepare the financial statements on the going concem basis unle55 it is inappropriate to presume that the
charity will continue in operation.
The Trustees are ￿sponSible for keeping proper accounting records that are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and
enable them lo ensure that the financial statements comply with the Charities Act 2011. the Charity (Accounts
and Reports) Regulations) 2(108 and the provisions of the trust deed. The 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.
This report was approved by the Trustees. on
3rd December 2024 and signed on their behalf by.
Mr N Rayner
Trustee
Mrs E William
Trustee

GOSLING HOUSE
ENDEPENDENT EXAMINER'S REPORT TO THE TRUStEES OF GOSUNG HOUSE
FOR THE YEAR ENDED 31 DECEMBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE TRUStEES OF GOSUNG HOUSE lthe'charity)
I report to the trustees on my examination of the accounts of Gosling House (charity no. 22041 n for the year
ended 31 December 2023 which are set out on pages 5 to 12.
Responsibilitie5 and basis of report
As the charity trustees of the charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 {'the Actr).
I report in respect of my examination of the charitys accounts carried out under section 145 of the 2011 Act
and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 14515llbl of the Art.
Independent examlner's statement
I have completed my examination. I confimi that no rnaterial matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect
1. Accounting record5 were not kept in respect of the charity as required by sertion 130 of the Att or
2. The accounts do not accord with those records.
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understsnding of the accounts to be
reached.
Paul Windrnill FCA
dated..
17
2024
Myers Clark
Statutory Auditor and Chartered Accountants
Egale 1, 80 St Albans Road
Watford
Hertfordshire
WD17 1DL

GOSUNG HOUSE
STATEMENT OF FINANaAL ACrnlmES
Uncorporating Income and Expenditure Account)
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Restricted
funds
fvnds
2023
2023
Totsl funds
Total
funds
2022
2023
Note
INCOME FROM:
Charitable activities
27.810
2.875
30.685
TOTAL INCOME
27.810
2.875
30.685
27,987
ExPEND￿uRE ON:
Charitable Activities
{34.202)
(2.875)
137.077) 131,539}
TOTAL EXPENDrruRE
(34.202)
(2.875)
{37.077) 131,5391
INCOME BEFORE INVEsfMENT
GAINS/ILOSSES)
Net gains/llosses) on investments
(6.392)
(6.392) [3558}
16.175
16.175
NET INCOMEI(EXPENDrruRE) BEFORE
OTHER RECOGNISED GAINS AND LOSSES
9.783
9.783
(1,650)
NEf MOVEMENT IN FUNDS
9.783
9.783
(1,650)
RECONCtUATION OF FUNDS:
Total funds brought for4vard
387.355
387.355 389,005
TOTAL FUNDS CARRIED FORWARD
397.138
397.138 387,355
The Ststement of Financial Activities includes all gains and losses recognised in the year.
All funds are unrestricted.
The notes on pages 7 to 12 form part of these accounts

GOSUNG HOUSE
BALANCE SHEEr
AS AT 31 DECEMBER2023
2023
2022
Note5
FIXED ASs￿s
Tangible assets
Investments
260.448
279.578
260,448
263,403
540.026
523,851
Current assets
Cash at bank and in hand
48.552
55,078
CREDrroRS: amounts falling due
within one year
(8.511}
18,6451
CURRENT ASSErs
40.041
46,433
TOTAL ASSEfs LESS CURRENT
UABILMES
580.067
570,284
CREDrroRS: amounts falling due
after more than one year
(182.929)
{1819291
NEf ASSETS
397.138
387,355
CHARrrY FUNDS
Unrestricted funds
397.138
387.355
397.138
387,355
The financial statements were approved by the Trustees on
3rd December 2024 and signed on their behalf by..
Mr N Rayner
Trustee
Mrs E Willia
Trustee
The notes on pages 7 to 12 fom part of these financial statements

GOSUNG HOUSE
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Aciounting policies
1.1 Basis of preparation of financlal statements
The financial statements have been prepared underthe historical cost convention with item5 recognised at
cost or transartion value unless otherwise stated in the relevant notes to these accounts. The financial
statements have been prepared in accordance with the Statement of Recommended Practice.. Accounting
and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 effective 1 January 2019. and Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland {FRS 102) and Charities Act 2011.
Gosling House constitutes a public benefit entty as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charitys ability to continue as a
going concern.
12 Incomlng Tesources
All income 15 recognised once the charity has entitlement to the income. it is probable that the income wll
be received and the amount of income receivable can be measured reliably.
For legacies, entitlement istaken as the earlier of the date on which either. the charity is aware that probate
has been granted, the estste has been finalised and notification has been made by the executor{sl to the
Trust that a distribution will be made. orwhen a distribution is received from the estate. Receipt of a legacy,
in whole or in part, is only considered probable when the amount can be measured reliably and the charity
has been notified of the executor's intention to make a distribution. Where legacies have notified to the
charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not
been met, then the legacy is treated as a contingent asset and disclosed if rnaterial.
13 Resources expended
Expenditure is recognisa once there is a legal or constructive obligation to transfer economic benefitto a
third paty. it is probable that a transfer of economic benefitswill be required in settlement and the amount
of the obligation can be measured reliabty- Expenditure is classified by activity. The costs of each activity
are made up of the total of direct costs and shared costs, including support Costs invo]ved in undertaking
each artivity. Direct costs attributable to a single actiwty are allocated directfy to that activity- Shared costs
which contributeto more than one activwty and support costs which are not attributable to a single activity
are apportioned on the basis of time spent. and depreciation charges allocated on the portion of the
asset's use.
Charttable activities and Governance costs are costs incurred on the charity's ducational operations,
including support costs and costs relating to the govemance of the charity apportioned to charitable
activities.

GOSUNG HOUSE
NOTES TO THE ACCOUNTS (CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policie5 {continued)
IA Tangible fixed assets and depreciation
A review for impaim)ent of a fixed asset is carried out if events or changes in circumstances indicate that
the carrying value of any fixed asset may not be recoverable. Shortfalls be￿een the carrying value of fixed
assets and their recoverable amounts are recognised as impairnients, Impairment losses are recognised in
the Statement of financial activities.
Tangiblefixed assets are stated at cost, net of depreciation and ary provision for impaiment. Depreciation
is provided at rates calculated to write off the cost offixed assets, less their estimated residual value, over
their expected useful lives on the following basis=
Fixtures, fittings & equipment
25% reducirvJ balance
The Trustees do not consider the Freehold Propety needs to be depreciated as its current value is
significantly greater than the original cost and the Current policy of continuous maintenance.
1.5 Interest receivable
Interest on funds held on deposit is included when receNable and the amount can be measured reliably by
the charity.- this is nomally upon notification of the interest paid or payable by the Ban
1.6 Cash at Bank and In hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account
1.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a pastever)L it
is probable that a transfer of economic benefit will be required in 5ettlemenL and the amount of the
settlement can be estimated reliab￿. ￿abilItieS are recognised atthe amount that the charity anticipates it
will pay to settle the debt or the amount it has received as advanced payments for the goods or seTvices it
must provide. Provisions are measured at the best estimate of the amounts required to settle the
obligation.
1.8 Financial instruments
The charity onW has financial assets and financial liabilities of a kind that qualify as basic fsnancial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlementvaluewith the exception of bank loans which are subsequentty measured at
amortised cost using the effective interest method.
1.9 Fund aciounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designed for other purposes.

GOSUNG HOUSE
NOTES TO THE ACCOUNT5 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
2. INCOME FROM CHAR￿ABLE AcnvrriES
Unrestricted Restricted
funds
funds
2023
2023
Total
funds
2023
Total
fund5
2022
Contributions from Residents
Rent from House Manager
Dividends Received
Grants received
24.490
3,150
170
24,490
3.150
170
2,875
30.685
2540
156
2,875
2.875
27.810
rota12022
27,981
27,981
3. CHARrrABLE ACllVtnES
Charitsble Restricted
Acttvitles
fund5
Totsl
2023
Total
2022
Gas
Electricity
Water Rates
Repairs- Premises
Repairs-Alami
Telephone
Cleaning
Insurance
Gardening
Sundry Expenses
Governance
10.374
1,134
1,154
10,605
513
787
491
1.635
3.813
756
2.940
10,374
1,134
1,154
13,614
513
787
491
1,635
3,813
756
2,940
1, 167
14,230
2.875
669
730
1.406
3.016
853
2820
34.202
2.875
37.OTI
31,539
Total2022
31.539
31,539
Included within Governance costs is Independent Examinerfs Remuneration of £1940 (2022.. £2,820).
During the year. no Ttustees received any remuneration12022 - £NIL)
During the year, no Trustees received any benefits in kind (2022 - £NIL)
During the year, one Trustees received reimbursement of expenses of £1981 12022 - £2,624.94)

GOSLING HOUSE
NOTES TO THE ACCOUNTS (CONTENUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
4. TANGIBLE FIXED ASSErs
Freehold
property
Fixtures &
fittings
Total
Cost
At l January 2023 and 31 December 2023
260,448
1,395
261,843
Depreciation
At l January 2023 and 31 December 2023
1,395
1,395
Net book value
At 31 December 2023
260.448
260,448
At31 December2022
260.448
260,448
5. INVESTMENTS
NAAaF
Investments
Market value
At 1 January 2023
Revaluation5
263.403
16,175
At 31 December 2023
279.578
At31 December2022
263,403
CREDITORS: Amounts falling due within one year
2023
2022
Accruals and deferred income
8.511
CREDrroRS: Amounts falling due after more than one year
2023
2022
Grants accrued - institutional
182.929
182929
10

GOSUNG HOUSE
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
8. sfATEMENT OF FUNDS
STATEMENT OF FUNDS- CURRENT YEAR
Balance at I
January
2023
Income
Expenditure Gainsl(Losses)
Balance at 31
December 2023
Unrestricted funds
General Funds
387.355
27.810
134.202)
16.175
397.138
Restricted funds
Restricted grants
2.875
(2.875)
Totsl of funds
387.355
30.685
(37.077)
16.175
397.138
STATEMENT OF FUNDS- PRIOR YEAR
Balance at I
January2022
Income
Expenditure Gains/(LossesJ Balance at31
December
2022
Unrestricted tunds
General Funds
389,m5
27.981
(31,539)
387355
Total olfiinds
389,m5
27.981
(31,539)
387,355
9. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS
ANALYSIS OF NEf ASSETS BETWEEN FUNDS- CURRENT YEAR
Unrestricted
funds
2023
Tangible fixed assets
Programme related investments
Current assets
Creditors due within one year
Creditors due in more than one year
260.448
279.578
48.552
18.511)
1182.929)
397.138

GOSUNG HOUSE
NOTES TO THE ACCOUNTS ICONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2023
10. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS (continued)
ANALYSIS OF NEf ASSEfs BEfwEEN FUNDS- PRIOR YEAR
Unrestricted
funds
2022
Tangible fixed assets
Programme related inve5trnents
Current assets
Creditors due within one year
Creditors due in more than one year
260,448
263,403
55.078
(8,645)
(181929J
387355
11. RELATED PARTY TRANSACTIONS
During the period, the chatity wa5 charged £l,17612022.. £1.0021 for maintenance services by Brian
Dumbleton & Sons. a business connected to D Dumbleton. a trustee of the charity.
12