WHITE'S CHARITY Registered Charity No: 23fA)69 Chair: Neil Serieant, 3 The Wytchwoods, Pettaugh, StOTArynarket, 5uffolK IP14 6fB Secretary: Jeremy Havers, 8 John Shepherd Road. FressingPield ,Eye, IP215SW TreaSUr. Robert Cooper, Hepwood Lodge, Stradbroke. Eye, IP215JN TRUSTEES. ANNUAL REPORT for the ar ended 5 ril 2025 TRUSTEES The Trustees In office during the period were: Robert Cooper Paul Debenham Jeremy Havers Peter Jackson Neil Serieant INDEPENDE[ EXAMINER MrSJ Whayman 51 Cowper Street IpswKh IP4 5JA CHARITABLE PURPOSE In accordance with its Trust Deed, the charity provides housing and help to elderly adults. In the evènt property becomes vacant and rx> elderly people come forward, the charity provides housing to others in need. All the charitys properties remained occupied in the year and the charity maintsins a waiting list of applicants for propertres. The Trustees believe that the Charit5 prirnary responsibility is to provide safe, warm. and affordable housing. Trustees continue to make themselves available to support residents but believe the primary caring responsibility rests with the farnilies of the occupants and the local churches to which they belong. PUBLIC BENEFrr The public benefit provided by the charity includes: Good quality accornmodation often adapted and dèsigned to surt older people. Enabling residents to enjoy a good qualty of life Enabling residents to remain in the community in which they have Ilved and worked, remaining elose to family and friends. Caring local trustees meet with and support residents. Providing afftlrdable housin&
WHITE'S CHARITY Registered Charity No: 236069 FINANCE The accounts for the year report receipts of £30.386. payments of £7,509, giving rise to a net surplus of £22,8ri. This increased cash funds frorn £28.201 at the beginning of the year to £51.078 at the end of the year. The tnJstees maintained the balance on the Charis account with M&G Charifund at £I27,c0. Cash and near-eash reserves, therefore, amounted to £178.078. Income At £30,386, income was about £iO,(X)O more than the previous year. This was driven by all properties beirE occupied for the whole year. The charity does not eroage in fundrai5in& nditure Expenditure decreased from £23,365 in the previou5 year to £709 thls year. The charity incurred gnrfECant refurbishment Costs in year ended S April 2024 which did not recur in the current year. None of the Trustees is remunerdted for their role and no expenses were reimbursed to Trustees in the year. Reserves The charity ended the year with Cash Funds of £51,078. which is in line with the chartvs stated reseNes poSicy. Whilst Trustees have no immediate plans to invest in further properties, a fLrture development opportunity has been discussed with a local landowner. Consequently. the trustees are content that any surplus funds be retained as reserves against this potential opportunity and the like need to refurbish exisiting properties as and when they become vacant. The charivs investment assets at year-end were reports at just under £506.0(K), of whieh the M&G Charrfund {reported at cost) accounts for £127.OCK). and property (also valued at cost) for £378,759. Approved by the Trustees on 12 February 2026 arKI slened on their behalf by: Neil Serjeant Trustee
Ch•iity Receipts and payments accounts CC16a Aprl 2024 5th Awl 2025 Section A Receipts and payments Unrestricted Restricted fund• Endowment funds Total funds ia¥ty•ar Al PN$ ¢)n 396 179 10 srt• total((kn InG0 fiAR} 30.3B6 30.386 27.204 27.2114 1.275 156 T4 156 17.882 900 353 353 343 177 73 73 74 A4 Asset and Inv•stm8nt purchases (see table) 23.365 21877 3.839 A6Ca5h fvnds last ywend 28201 51.078 28,201 51,078 ?4.362 28.201 Section B Statement of assets and liabilities at the end of the period Rgsthctsd fuThtS Endowment Ivyvi lo nEarest£ > rarnsi£ J #re51£ 81 Ca5hfwMIs GIF Bank OJnElltA(tount GAF Bank tp05# Aoxwjnt 17.029 SI78
law receptsand 1(SI) fund5 Oetsils arest£ nvarost£ ¥ zTeSt £ CAThM ¥alu• Detsils Stradbroke SÈrfto Ful fvnd 156 M & G Cknilund Fund CurrErt¥alu• Details Cost B4 A8s•ts r•tslnod f(Y the Details BS L•bil rwl byone ortr bustsès o Dat8 of at4)roval ILI(Ji[ CGXX R2 arUnts ISSI 17102r2026
Independent examiner's report to the trustees ofwhites Charity I report to the trustees on my examination of the accounts of Whites Charity (the Trust) Charity Number 236069 forthe year ended 5th April 2025. Responsibilities and basis of report As the charity's trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's 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 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act; or the accounts did not accord with the accounting records; I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Name: MrSJWhayman Address: 51 Cowper Street Ipswich IP4 5JA Date:. 20" January 2026