COTTAGE CIIARITIES
TRUSTEES REPORT YLiR ENDED 319t MARCH 2025
GOVERMNG DOCUMEwr
The Cottage Cbarities is governed by the Tn￿t Deed dated 1801.
APPOINTMENT OF TRUSTEES
Penton Grafton Parisb Council nominates the Tnlstees.
RELATED PARTIES
Penton Grafton Parish Council provides full athninistrdtivc support for the Charity.
OBJECTS AND ACTIVITIES
The objects of the charity are to provide lowry￿51 housing to members of the Parish.
ACHIEVEMENTS AND PERFORMANCE
All the nine properties are now in cxcellent condition and of a high standard. However
continuous work will have to be carrsed oul in future years io ensure that the properties
Lontinue to keep their current high standard and meet any new regulalions which may be
brought in. The charity continues to provide Iow-cosi housing to members of the Parish and
all properties have remained let throughout the year.
FINANCIAL REVIEW
Financially the charity is again in a sound ￿5]tIOn with adequate reserves bul as stated in
previous years, the properties are of chalk or flint and brick and require adequate reserves for
maintenance and, in addition, the Tn￿teeS would like to see fi￿her low-cost housing in the
Parish. Bearing in mind all the factors it is considered that the cutrenl reserv¢s are prudent
and at a satLSt"actory level but should be kept under review for future maintenance needs.

COTTAGE CIIARITIES
TRUSTEES REPORT YLiR ENDED 319t MARCH 2025
GOVERMNG DOCUMEwr
The Cottage Cbarities is governed by the Tn￿t Deed dated 1801.
APPOINTMENT OF TRUSTEES
Penton Grafton Parisb Council nominates the Tnlstees.
RELATED PARTIES
Penton Grafton Parish Council provides full athninistrdtivc support for the Charity.
OBJECTS AND ACTIVITIES
The objects of the charity are to provide lowry￿51 housing to members of the Parish.
ACHIEVEMENTS AND PERFORMANCE
All the nine properties are now in cxcellent condition and of a high standard. However
continuous work will have to be carrsed oul in future years io ensure that the properties
Lontinue to keep their current high standard and meet any new regulalions which may be
brought in. The charity continues to provide Iow-cosi housing to members of the Parish and
all properties have remained let throughout the year.
FINANCIAL REVIEW
Financially the charity is again in a sound ￿5]tIOn with adequate reserves bul as stated in
previous years, the properties are of chalk or flint and brick and require adequate reserves for
maintenance and, in addition, the Tn￿teeS would like to see fi￿her low-cost housing in the
Parish. Bearing in mind all the factors it is considered that the cutrenl reserv¢s are prudent
and at a satLSt"actory level but should be kept under review for future maintenance needs.

COTTAGE CHARITIES
INDEPENDENf EXA1￿[NER's REPORT
YEAR ENDED 31sf MARCH 2025
Jndependent Examiner's Report to the Trnstees of the Cottages Charities
I report oti th¢ accounts of th¢ charity for the yw cnded 31 March 2025 which are sct out on pages 5
to7.
Respectlve re5POUsibilities of trustees *nd examiner
The charity's trustees Consider that an audit is not required for this year (under sect&on 43 (2) of the
Charities Act 1993 (the Act), as amended by s.28 of the Charities Act 2006 and that an independent
examination is needed.
It is my responsibility to:
Examine the accounts (under section 43 of the A¢L as amended)
To follow the procedures laid down in the G¢ncrdl Directions given by the Charity
Commission (under s￿tIon 43 (7) (b) of the ACL as amended), and
To slate whethtr particular matters have come to my attention
Basis of independent examiner's report
My examination was carried out in accordan¢e with the Generdl Directions given by the Charity
Commission. An examination includ¢s a review of the accounting records kept by the charity and a
comparison of the accounts presented with those record5. It also includes consideration of any
unusual items or dis¢losures in the accounts and seeking explanatiOTts from the trusl¢es conccrning
any such tnatters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently I do not express an audit opiTrion on the accounts.
ndependent examiner'$ statement
In the ¢ourse of my examination, no matt¢r has come to my attention
Which gives me reasonable cause to belteve that in. any tnaterial respe￿ the trustees have
not met the requirements to ensure that=
Proper accounting records are kept (irs accordance with section 41 of the Act). and
Accounts are prepared which agree with the accounting records and comply with the
accounting requir¢ments' of the Act; or
2. To which, in tny opinion, attention should be drawn in order to enable a proper understanding
of the a¢counts to be reached.
Independent Examiner
Paul ReyDolds FMAAT
Fair Aecount
l Roker Way
Fair Oak
Eastleigh. S050 7LD
Date