REGISTERED CHARrrY NJJhlBER: 228106
OVING ALMSHOUSE TRUST
REPORT AND AccouNTS FOR YEAR
ENDED 31 DECEMBER 2024
ANTHONY EAsfwooD
TREASURER

OVING ALMSHOUSE TRusr
TRusfE£s' REPORT
FOR THE YEAR ENDED 3 1 DECEMBER 2024
The trustees are pleased to present theii report olong wth the finonciol
slotements ol the chority lor the yeor from l January 2024 10 31 December
2024.
Reference ond Admlnlslrollve Inlomyillon
Chorily Number T28106
The Iruslees Serving during the year were os foll0v￿..
Anne Bennett
Stephen Bennell (Ch0￿>
Anthony Eastwood (Treosurerl
Neil Linlord
Jennifer Linford Iresigned 26 April 20241
Alon Smith (appointed 6 March 20241
Reverend Trevor ma￿hall (resigned 4 June 20241
Tony Bornard loppoinled 4 June 20241
Ralph Godfrey loppointed 4 June 20241
Urszulo Topp
Correl
ondence ad
re5
clo Wigpers
l Briar Close
Oving
Chichester
Wesl Sussex
P020 2BY
Bonkets
CAF Bank
25 King5 Hill
Wesl mo15irig
Kent
ME194JQ

OvtNG ALMSHOUSE TRusr
TRusfEES' REPORT (coTrmNUED>
FOR TrfE YVtsI ENDED 3 1 DECEMBER 2024
Stsucture Govemance and Alana
v*
nin docuTnent
0￿7ng Alm5hou5e Tru51 wa5 estobli5hed on 28 January 1969. under ts seherne approved by
the Chority Comrni$5ion 0$ on f)rnolgtsmtslnn of Woods, Almshovses ond The Chority of Ellen
Charfotle Drewill. 11 is goverred by o Chority Commwon Order ot thot dole. ￿ amend6d
by a resolulion trf Iht TtU5tee5 on 14 Moreh. ￿1 l. a chonuè approved by Ihtr Charity
commi￿on in the￿ nole daled 17 September. 2015 tsnd ts iesolvtion ol the Tru51ee5 on 29
Febtucry. ￿76. On I l January ￿78. The Ch(Jrity Comm￿on opproved a change ol nom&
to O¥ino Almsh¢)useTrus1.
an15atton
The Trustees os (J body ore [esp￿sIt￿e l¢y the udministrotion of the Ch￿ty. The TnJslees meet
at least Iv￿Ce a yearond at lea51 three members need to be present for their meetings to be
ovorole. AU deci%tsn5 ttrtr bFOUght bÉfore the TnJ51ee5 a5 a whole onct mtsjor rnatte
are approved in o4vance ot implernentotion.
IroiThn
oITtU5tee5
Tre Trvslees have re￿eWed the 5kn115 ond experience they have QTnd are 5ati5fFed Ihal these
are suflicient to ensure Ihrll the ¢horily is propetly njn. in ¢>cc(ydonce the governing
Ord61 and Chtsrity comrr￿SSK)n g￿danCe.
On appoinlmenf. Truslees (we requwed to read the Chority Con)mission's letsllel on the
Responsibility of Tru￿e85 and to confitm thattheyare not d￿qUall*led trorn (Jcting (F5
fru5tee. They are supplledwth ct copy of Ihé govetniFTrg Ordèr tsnd thé tnost recentset of
¢)ccounts.
Obl•th•s
The charity ho￿$. rnoinl(ins and admini51eT5 thÈ four alm5hou5e5 llowr￿. in the parish
ot Oving. lor Ihe benelit ol the presenl fvlvre occuponts. who cffe 0g&¢J Of infiFm persons
of good chaioctet ond18xceptin special case5 opwoved by the Chority C¢>mmithonl tye
resident IT) Ihe purish ot the time immedialely prior to the￿ occupancyor. rf the Trustees afe
not Csware ol any such candidates foroccuponcy. ¢re r&identwlthiTh 25 miles of the pori5h.
During the year. the Twstees continued *0 f￿fil Ihese objectives.
Publlc
The entire octiwty of Ihe ch￿ty htss bo*n and continue5 to be to pro￿de Ihe benefits as
described above to thè qualifyiry classes of beneficiory the Trustees (ve satisfied Ihal
these ore Qenlifioble anc* cleody defin*d $0 05 to fu￿1 the Put￿￿ BenefitlestreqvireLI by the
Chorities Act 2QK)6.
Flnancial R•sgrv•T¥rg
A minitnum Of£40.(￿ wll b8 hekl. at am lime5. ￿0￿ng o &yeorresowce5 recovwy petrod
followng o $gnificonl eApenclture trvent.

The Trustees are investigoting h￿h cost ry04tcts to imryovt the dotne5tic comfort of
olnTrshi)use Te5idents.
Rel¢rt*d P¢JrlyTransaclton
During theoccovnbng period. ChcHr purch058d a washing rnachine forlnstrllol￿￿ on
use in cJlm5house number4. The purchase wos m¢Jde as on immeditsle Treed lollowng
unexpected bretskdovffl ol the previous maCtr￿ne. The Chorwas retunded by Qving
Almshouse TtU5tand the IFaFb5actiOn i5 recorded in financial Sncp5hot torlhe Comrnitlee
Meetino on 41h December 2024. which circuloled lo oll trustees ttnd di5CU55ed al the
meeting.
OVING ALMSHOUSE TRU
TRUSTEES, REPORT IcoP￿[NUED}
FOR THE YL4R ENDED 31 DECEMBÉR 2024
Trusl&•s responjlble for the accounts
The Trvstees ore responsible for preparing the Annuol Report ond the financiol
slalemenls in occordonce with applicable law and United Kingdom
Generolly Accepled Accovnling Practice as it relates lo unincorporated
charities.
The balance Sheet and income and expenditure account which follow hove
been piepored from the boo￿. vouchers and information produced and
maintained by me and are in accordance therewith.
2ozS
Anthony Easlwood
Trustee and Treasurer
I confirm that I hove reviewed the books. voucheis and inloimalion
produced lo me and thot the finonciol stotement5 ore in occordonce
Ihorewlh.
Helen Thomp50n cnr
Reviewing Accountont

o￿NG ALMSHOUSE TRUST
TRUSTEES. REPORT IcoTrmNUED)
FOR THE YEAR ENDED 3 1 DECEMBER 2024
Balonce Sheet at 31 De¢embew 2024
2024
2023
Investmenls (at currenl voluallon)
NAACIF/M&G
COIF/CCLA
Total
Current A$$el$
Bonk current account
Deposit account
Tolal assets
8,639
43,208
51,847
7.998
21,706
29,704
14,354
7.931
31.701
69.336
88,592
Total net assets
88.592
69.336
Capital Fund
Opening balance
69,336
51.402
Adjustment to opening balance
Profillllossl on revoluotion of
investments
Excess of income over expenditure
313
162
18,943
17.772
Bolonco
£88,592
£69,336

OVJNG ALMSHOUSE TRusr
TRusfEES' REpoFYr (coTrrriNUED)
FOR THE YEAR ENDED 3 1 DECEMBER 2023
Income and expendlluie accovnt for the year ended
31 December 2tr23
2024
2023
Income
Moinlenance contributions received
Interest and dividends
TV Licence refund Ifrom 20221
Advance repoyment- N. Smilh
23,140
2,542
22.680
1,646
15
500
Total
26,182
24,341
Expendlture
Insurance
1,134
1,086
Repairs arjd Maintenance
NAA Subscription
TV licence
Bank charges
Recognition Gift
267
15
153
60
21
Total
7,239
6,569
Excess of Income over expendltule
£18,943
£17,772