Dowsett Almshouses Trust
Report and Accounts
Year Ended 31st March 2025

Dowsett Almshouses Trust
Contents
Year Ended 31st March 2025
Page
Information sheet
Trustees report
Independent examlnerfs report of the accounts
Statement of financial adivthes
Balance sheet
Notes lo the accounts
10-13

Dowsett Almshouses Trust
Information Sheet
Year Ended 31st March 2025
Trustees
Cllr Ron Woodley {Southend on Sea Mayor- Until May 251
Cllr Stephen Habermel Isoulhend on Sea Mayor- Resigned May 20241
Mr P Andrews- Secrelaryff reasurer (Resigned April 20251
Rev S Ejaz
Rev D Gales
Accountants
Xeinadin South Essex Limited
Cumberland House
24-28 Baxter Avenue
Soulhend on Sea
Essex
SS2 6HZ
Principal Address
Clo 160 Tankerville Drive
Leigh on Sea
Essex SS9 3DD
Registered charity number
220610
Page 3

Dowsett Almshouses Tru$t
TTUStees report
Charity Number.. 220610
Year Ended 31$t MarGh 2026
statutory Information
Registpred Address
Clo 160 Tank￿11￿ Drwe
Leigh on Sea
Essex Ssg 3DD
Charity ReglstratioTh N￿rn￿r
220610
Trustees
Cltr Ron Woodey Istsulhend on Sea Mayorl-Resigned May 25
cik siephen Habemiel Isoulhend on Sea Mayor- ResvJned May 20241
Mr P And￿￿S- se¢Yetary￿lfr¥8Ur8f (Rtrsiyned Awl 20251
Rev S Ei3Z
Rev O Gate6
Bankers
Barclays Bank
127 Hith Street
S¢ulhend on Se¥
Essèx
SS1 1JS
Annual Roport lor year ended 31 March 202S
The TrLpslees preseniiheirAnnual Report and Financlal si8iements foryear endifwj 31 March 2025.
Chariiablth Objo¢¢
Tha Charity 1$ goverF*d by an Appr￿ed Governing Document which state5 that the principal PLYpose of the tharity 15 to [Kov￿e aff￿d£￿Ie
housing foi th¢ elderly and Infirm in the City of Soulhend. and to apply Ihe incotne ol the chafity *)r the benefit of kne resKlents in the
rnshouses ol Itrt Charity Orany of Ihtm In such manner as the Tfuslees ihink fil. frotn tsme lo lime.
The TTu&l Owns 8 ￿Mshouse properbes, which it manlains. in Chelmsford Avenue. Soulhend on Sea, 8nd 2 endowment property houses.
e income from whi¢h support Iheworf( ol thE alffls-house5.
Organi5ational Structure
The Trustees are *p)intsd as ex-o1fK￿ Twstees from the Free Church coMmUr￿l￿5 wiihin he Bor￿gh. or secoThled by the Trustees
accordingly, I￿elherWith the Mayorol Souihend on Sea who seNes as Chairtnan forhi5ther year of Offfi￿.
Trustees meet several times a year. t(pJelher With an annudl AGM. 8lwhi¢h offiws are appoinied. an# they 8re ￿$FA)nsible together ￿ the
day lo day runryng ollhetharity. and the finanLyal and legal aspects.
Page4

ObJgctiv•s and A£tlvltl•s
The Charily produces an Annual Rwrt eath y8ar datals activities undertaken ￿ the curreniytartr) show Iha publlc tenefit and
the 8¢hiewemenl ofthwr aims and objectives.
In orderto a*ieve the pnncipal objective. which 15 sel ￿t$bOVe. ￿e TnJ51 endeavours to rnaintain the pmp•ti8s in a fit5tate of rep￿[, and
make ner£ssary irnprovements 35 and when they are req￿re￿.11 also provide5 approP￿ate insurance coverfor Restdents rKop¥ties and
cnnten15, LP lo a measured amounL and waterand 5eweTage conrt¢lion
Asm￿1 rent rX8rge is kvled upon Wmshouse re￿¢6￿￿ and reviewed 8nnualy.
Achievements and Performance
Overthisyearthè bunyalow5 and lar9e garden o)ntinued b b8 maintsined in good order and ww¢ fvlty owJpie<l forlhe rewting pefjod.
One property had a newtenanl butall Others r￿aIr￿d ￿51s￿l F￿r of thee￿h1 residents￿ In now in receiptef H(yjS￿n9 88norrt. all of
which a￿ now pa￿ di￿￿lY to the Trusts ac£ounl.
Dwng the wurso ofthe yearSoulh8nd City d881gnatsd ihe Alm5house5 a$ A ojnservation area. This wil have Some impacton Ihe
ektsmal decoration And urA(eepef theeighl Charitab￿ properbe
Malnt•nance and S￿UrIty- Al otlhe bungalowswefe kept in a pood State of repair, and the Borough C￿/ CwnrAI continue<S lo offera cal
Outse￿iCe forthe residents. which was much appreciated. The &nTrU￿ f*8 forthis semce is £210D (l￿1vATI agreed by the TTuslees and
the Courtil. The level ol this iscutrÈnUy underneyoti8bon and may rise, bLrt is cOnS￿ered a hugely benefi￿al resaur¢e Servlce tothe
residèni$ and the Trust.
There have been m major repairs over and above the expectsd items in this finantsal year li accordan￿ wlh the thatwas apwoved al
the previou5 years AGM, there wa6 soFne work ￿ eleclrKal sar¥￿88. fire secunty $ysths and 9eneral rnainlenance. As pernoimal, cos
forthese wortsvdere passed on after ihe yearend and 9hown on Ihe accounts. Fund5 carried foNA￿S￿lI1 be used ￿ plamed wths In Ihfy
C￿n1ng m(Klhs.
EndowThent Properties. Rental income is regularty received from both properteswilhoul any prob￿rn.
Tru5teeship- The Trustses remain quorate accL*lino to the Consbtuti￿ of the Trust The Trust remains fLYtunatt 10 have thè c4ntinued
Trusteeship of the Mayor ol the Cty of Soulhend. The TTustee$ art still to Ihe Goveming D¢Kurnenl¥ ￿ thts liyhl of o)ngreg*ts)al
thawes in S￿thend lo bring the ex￿1¢1) positions up to dale. Sugge5bons of appropriate *-people from Icul 0)ngregat￿n9 a￿ b￿ng
Considered by Tru5tee$ lo inuease the Trustee ￿dy.
SecretarylArting Tre•¥urer- Trustees agreed le ask Mr Phil Andrews to ad as Trea5urtrlSe(tstaryforlhe year.
Page 5

FIDan¢ial Review
The TfLbSl continués lo raise flnds flom the endtyNmentproperty rental WI￿ lurther income fr￿ the AJm8housts tllainten*￿ charges.
The most Siynificant expense5 rel8ted to on4tsng MainteD8n￿ aThl repairs provided by Sou1he￿ ￿ Sea City Ctruniil. Gardening ha5
oenerally maint8ined ils cost with he gardener prov￿ling some 8ddilion31 hours and other costs and seNices have mosuy risen according 10
inflation. Fry the ieporting year. de5piie the Maintenan￿ proie¢s undert8ken. Other expenses were generally in line WI￿ exPec￿￿"0nl
the Trusts budget vth¢h wa5 set al the previous AGM. The Trust contsnues 10 have sufficient funds lo aThow twelve month5 of continued
&xpen5e in the eveni ol no incLNne afid in view of the"catching up of m3inlenan(* exp*¢ts next year lo be an wportunity lo build
rtsetves again. Trustees are saiisfi8d thai sufficient reserves are still in hand. 11 rs expected ihai rtserves ¥hould can￿￿￿e to r￿ over
coming year.
The finantyal resulis of Ihe year¥e sel out ￿ the accompanying flnarrial statemènts.
Flnancial Risk Asse$smoni-
Fortunatety. the wicomt of the Trust is not affected by the threats wes8nied by ff6suè5 suth a5 Ihe Covk*19 5rtual￿n 85 11 is not acbvely
engaged in fvnd-ra151ng 8¢1ivilies. The Tru51ees a￿ 5absfied thal thèy have suffioènl reserves al Ihe Balance Sheet date, Iwelher wlh
•nb¢lPaltd income. to enable the Trusi to fvn¢bon effectively in the coming year. The Tru$tee¥ h8ve made an assessment trf the major ri5k5
faciw th8 Trust. and are sabsfied that polioes 8re In plate 10 rninimise these nsks. Heallh and safety asse$smeni$ and property insurances
e up to date. A v¥luaiion of the properties was bsi undertaken In 2022 and wll ne￿ be reviewed in 2026.
The Tru51 Is grateful ttsxainadin SouLh Essex knrnited fortre￿ help In examininy Ihis yearfs finan¢ial statement
P Andrews behall ol ihe tyJardl
Secretary
Date.
?,3 11 IL-
Page 6

Dowsett Almshouses Trust
Independent Examlner's Report to the trustees of Dowsett Almshouses Trust
Charity Number: 220610
Year Ended 31st March 2025
Respectlve responslbllltles of trustees and examiner
The charivs trustees or¢ responsible for the preparation ol the accounts. The charty's trustees consider
that an audit is not required for this year under section 144 of the Charities Act 2011 (The chaiib.es Acil aryj
th31 an independent examination is needed. It is rny respon5ibilty to".
axarnine the accounts under section 145 ofthe Charities Art
to follow the procedures laid down in the general directions given by the
Charty Commission under section 145151 Ibl of the Charities Act. and
• to state whether partlcular matters havè COMÉ n
Basis of independent examinerf$ stat*ment
My examination was carried out in accordance with general directh)ns g¢ven by the Charity Cornmi5sion. An
examination includes a review of the accounting records kept by the charty and a comparison of the
8ccounts presented wth those records. It also includes consideration ol any unusual items or disdosures in
the accounts, and Sèeking explanatyons frorn the trustees Con￿rning any such rnatters. The proTrdures
undertaken do not provide all the evidence that would be required in an audit. and consequently no O￿nIOn
is given as to ¥*hether the accounts present a'true and Sairf view and the report Is limited to those matters set
out in the statement below.
Independent examinerfs statement
In connection with my examinat￿n, no matter has come to my attention
which gives me reasonable cause lo believe Ihat in, any rnaterial respect, the
to keep accounting rècords in aceordanco Mrith section 130 of the Charibes A¢
and
to p￿pare accounts wtrych accord wth the accounting records and
comply with the accounts requirements of the Charities Act have
not been met,. or
lo Nthich. in my opinion, attents'on should be drawn in order lo
enable a proper understsnding of the accounts lo be re8ch8d.
Mr l Hornsey FAIA FFA
Xeinadin SoLth Essex Llmited
Incorporated Finandal Accounlanls
Cumbedand House,
24-28 Baxter Avenue
Soulhend-on488
Essex
SS2 6HZ
Date..
iaoiiE
Page 7

Dowsètt Almshou$e$ Trust
Slatement of Financlal Actlvlttes
Charity Number.. 220610
Year Ended 31st March 2025
Restrfcted
income
funds
Unrestricted
funds
Endowment Total this
funds
year
Total last year
Incoming resources INote 3
Income and endo%vrn*nts from..
DDnatIons*leg￿￿S
Chani3bk ￿4V￿leS
20,913
17,400
38,313
39,696
othertradin4
Inve*r￿S
350
350
84
Sep8r2tem&tEiid itemd*KThTh
otl¢r
Totsl
Resources oxpended (Note 61
Expenditure on..
Ralslng
ChAfitable *livili*S
21,263
17,400
38,663
39,780
18,106
5,220
23.325
46,810
$8parai@mat8ritJ Iwmdexpen
Other
Total
18,106
5,220
23,325
46,810
Net Incomellexpenditurel before
Investment gainslllossesl
Nel 98￿S1{￿sS￿e%)9￿ hvesifflents
3,158
12.181
15.338
7,030
Net incomellexpenditurel
Extraordlnary Items
3,158
12,181
15,338
7,030
Transfers between funds
other recognlsed gainslllossesl:
tsains and reVa￿at￿￿￿oIrIXea assets fvrthe
charrt*$(Ywn use
OthergaiD511bsse51
Net movement in funds
3,158
12,181
15,338
7,030
Reconciliation offunds..
Toialfunds bftyJghl forApard
rotallunds ¢arriedfonv?rd
1,387,710
1,390.868
640,OOD
652,181
2,027,710
2,043.048
2,034,740
2.027,710
Page 8

Dowsètt Almshouses Trust
Balance Sheet
Charity Number: 220610
Year Endèd 31st March 2025
R¢$trlcted
Incom?
funds
Unr85tri¢ted
funds
Endowment
fund5
Total thE8
year
Total last
year
Flxed assets
Intangible assets
Tangiblg a$$el$
Herltage a$s8ts
Investments
F01
F02
F03
F04
F05
1,380,000
640,000
2,000,000
2.000.000
Total fixed assets
1.360,000
640,000
2,000,000
2.000.000
Current assets
stocks
Debtors
Investments
Cash at bank and in hand
Total cu￿entaSsetS
2,191
57,
57,969
69
57,96
57,969
50.942
53.133
Creditors: amounts falling due
within ono yèar
14,920
14,920
25.423
Net current 8$$etsl(liabilitiesJ
43,049
43,049
27.710
rotal assets less current Ilabllldes
1,403,049
640,000
2,043,049
2,027.710
Creditors: amounts falling duo aft8r
ona y8ar
Provislons for liabilities
Total net assets or liabilities
1,403,049
640,000
2,043,049
2,027,710
Funds of the Charity
Endowment fvnds
Rèstrlcted Income funds
Unrestri¢ted fund5
Revaluation reserve
12,180
12,180
30,869
30,869
2.027,710
1,360,000
1.390,869
640,000
652,180
2,000,000
2,043,049
Total funds e
2,027.710
.QtyinAA h&hAlf of the Trustees
Dats. ..23: Cs1.:.2.ts..............
Page 9

Dowsettfvjmshouses Tw¥t
Notes to the accounts
Charity Ilumber. 220610
YoarEndgd 315¢ m?￿h ZOZ5
Note 1
Basis of prÈpat*tlDn
1.1 B&&iS ofa¢LtsuntWg
These￿coUnts￿l￿tbe￿￿OparÉd ￿nd￿tho￿lstOficaltO￿tC0fiV￿￿On%Ii1h rtemsr0￿ffti￿d al
¢oslotlransxlitshwauÈ wlèssolhewJ5e 5t*d i￿eV￿￿<￿e5lo ?tetswts.ThÈ èttthuws
hBve beenPle￿ed In accoldance￿ith..
Slalpmenl ufrer0mmw￿edP(a￿IicE.-ACc￿￿I￿g Reportingby ch￿rIeSP[ePar1￿9 Iheir
ccouffl1sinllccDrd￿C￿￿1h IhÈ Finan¢iol S￿d￿rd apFdir*lt lffl IhÉ ￿ andRtputrdi¢c4
Ir¢igDdlFRS lo211￿¢￿4￿ 16W2014.
12 Ch4rse ola¢¢ounllng
Therahaskén Th)than9etotr*aty)>￿lIT¥ P(4ld¢$fy4uoii¢n nl¢$andm¢thQd$olgLw￿tyw)
nce 14¥lyearlwArpPlforlhD￿￿Ththn9).
be?Trmade la Bccounls tDiprekniDus yea[5.
NotÈ 2
Incomln9 Regoure•s
R•cognltbffl of Incoffllnll
esources
These are1nd￿je4 in Sta1￿￿￿afFi￿￿￿a11thVlI￿% ISuFA>when.
becomes enlil1ed lo theresruces..
are￿rtU*1YG￿rt4￿ theywil tE¢￿v* IlètÈ￿rt¢S. 9
Ihpmonelaryvalug Q￿b$ Mea$￿e￿wIhs￿ff￿e￿l r4iahlily.
OMs#tbTh9
Therehasbeen nD Dff5ellifig ola55e15 andliabilities. 2nd
8xpty%es. urltssrequlfed orpoThltte6by IhtsFRS 102 SORPofFRS 102.
Granth and donations
Gr¥Asiffld donalionsire ￿Y1rd￿dedifft lh2 SDFAwhenthEyLeralirthme
rettsgnilion Uitéliaalè MÈI 15.10to5.12 FRS 102 SORPI.
The valupof ￿YVo111nIary Wp received 1sfi01 incWed intheaccoun*s bu115
d¢S¢Xib8d in Nlruslees. amual report.
This is induded in IhÈ at￿nIS ¥thenreceivable
Volurtié•r hèlp
Inv•stm•ffll Incom•
Inv•stm•ffll Ind kn%s•s
This 1ndude34llyg4iTh￿Pj5¥ on Ihe sakofin¥e3theN3and 4ny
iry IrDm réva￿1fftg Ir￿@SIMInIS iofflath•l ¥iluèalthé end ollhèytar.
Exp•ndltur• and Llablllues
LiabililYd& ar*r4￿￿1&ed￿￿￿l¢lt1sm0rel1k￿l Ihanffl(lthal ther*isa
or¢LNlStruKts¥*Wi941iQn Ctyllmi1tsfj9 *trt¢rity IQ Pay ¢ul ¢sows ar￿ the
ourtofthe Obliga￿0￿ ￿ be measu[ed￿th reasonablpcerta1￿y.
Assets
Tan9lNefixed èssets roruS+by
¢h4rity
ThÈ&e a￿￿la¥s￿d illw w bo usÉd IDrfflor• on¢ yèar, andcosial
least£5W. They41evakYd & c051 Drarea50na￿e valuE r￿elpL
Page 10

Note3
Analy$l8 ol In¢omln9 resources
fundi
Totsllwdi
Analysls
Rent
Fe¢¢i¥8ble
20 913
Total
20,913
17.4QU
Invtstmehts
Interest
irrorne
Olher
350
J5P
Totsl
350
35D
Nole4
Anatysis of eAptndlture
Rq*trtÉtod
lund*
Tétsltunds
An
Expenditure ¢haritibJe
actlYltle5'.
447
2.447
18.550
3.744
28.811
Re
rs
4.638
542
939
285
723
Insuran¢e
Svb$¢n bon$
313
88
353
345
Noi4 5
Tanglble frxed assets
5.1 Cost orvaluatlon
Fr••hold land
Othartsn
PlJnL
FIxiur•s.
Total
Altho b$g4mlty ¢flheyear
Athlib>ns
Revaluthn5
5PDsals
Tra￿fer3.
Ale￿ ofthey¥ar
2.OUO.OQO
2.000.OCN)
2.000.WO
2.WO.000
5.2 Deprs¢l•Uon 8nd Impolrrnonts
Al beginnhg otlhe y
Oitsposais
Depreriaiitri
lffyairrnenl
Transfers.
At end of Ihe year
&J Net bookyalve
Net book Yalue at begimi
of the year
Nel bjok Yalue atth2endof the
year
2.000,000
iooo,000
2.000.000
zooo,ooo
Page11

ebtors prepaymeTrts
AmDuntsf4lllng du•
whhln on• y•ar
Th1¥
L45t y￿r
AmDUng$f￿11ng du• aft•r
ora th4n¢no
Lastyo4r
Afflalysl>ofdobtor&
TiJdedeblors
Amunis Oi*fron) $ub$i1Sary
s5o￿a￿￿r1d￿rfa￿n9
aCc￿•d1￿CL4¥l￿
Tratai
Note 7
redllors and accrua15
7.1 ATraty513 01 creditorg
AnwJun15 fallSngduo
Amoun15 fa115ng rtu•4ft•r
mor•lhan onè
Ihb year
Thisye4r
Lastye4r
L¢an9 0ndOvgrfr4fts
Tr4de ctethloF&
1¢ Subgidi8ryènd
¥S50cI&& ￿￿erta￿ng%
OtheFcr8diknrs
Rerts re￿ved In 4dYan
5.389
25.423
Note O
EAdowmèni ￿¢rIcted
Fund Nam•
Type PE, EE,
p￿rpos* and r•s￿CtIonS
Rp51ricted I￿O￿e￿nd
￿nd￿men1 ￿fftd
PE
e.2 Movemen15 of malorfunds
b￿ght
lO￿ard
Gains and
Ip>SeS
Fund b4iane¢s ¢arri¢d
rÈSOur¢eS
*xp¢hded
Tlartsters
Fund nllrnes
Reslncicd Income Fund
RÈsiTrcLed. PwpÈrty Rev4ualw
Fund
EfidOV￿e￿l Fund
endovh7Lénl.PiopÈrty Re¥¥￿a￿
Fund
IB.1
$0.889
1.3W.(
1.3eo.o
12.180
.JTr&ns14rs b*tw*•n lunds
Fram Fuhd
Endowm8fi1 lund
NaT
ToFund
R¢$fftlpd Fun
Reé¥on
Amount
8AAnaly&knoln•tass•ts lJ•twevn
Unr•strf¢tèd
R•slrict•d
ToLI1
640.000
2.￿￿.000
Inveslmen
N4¢ curr4ntassols
Cipdilors due ￿ore than on•
ye4rand piovl¥bn¥
Tolql ngt
30.869
43.049
Not¥ 9
Iramac￿on$w1th r•lat•d parhes
7herèwÉM notransattionswithl￿aleo the ￿￿￿0￿.
Norem￿er4tsoTrty beThefi15 weIewo¥idedtDtsT￿￿ieEs dur￿￿ theperfod
P490 12