OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-12-31-accounts

MONTAGU HENRY FOSTER AND MARY HENVILLE FOSTER CHARITY

Charity Number: 236729

Annual Report for financial year end 31[st] December 2025

1. Introduction (Structure and Management)

This charity, commonly known as ‘The Foster Charity’, was registered with the Charity Commission on 4[th] January 1964 and undertakes the care and management of 1 and 3 Gosport Road plus the Foster Reading Room. These three properties form a terrace with the Reading Room flanked by the houses. This building was constructed in 1903 by Montague Henry Foster.

The Trustees of the Foster Charity are the Vicar and Churchwardens of Crofton Parish.

The general day to day management of the houses and Reading Room is taken care of by volunteers.

2. Activities and Objectives

The two houses (1 and 3 Gosport Road) continued to be let at an affordable rate via Eckersley White Estate Agents in Lee-on-the-Solent (became Bernards from May 2025) for the whole of 2025. The Reading Room was available for use by local community groups (for a donation), and various groups used the facility throughout each week.

A summary of the activities for each of the properties is as follows:

Rental income £10,860.00

Maintenance and management outgoings £2530.92

The tenants occupying the house remained the same throughout the year. During 2025 no major maintenance works were required. Rental income £10,200.00

Maintenance and management outgoings £1431.58

During the year 18 different groups used the room. These included 11 U3A

groups (plus the U3A Committee) and five art and craft groups attended by local retired residents, and one dance group for children and young people.

3. Achievements and Performance

The following charity organisations were supported during 2025 from the income gained from renting the two houses and use of the Foster Room:

These two gifts fall within the requirements of the Foster Charity governing documents.

Crofton Men’s Shed (sited on Foster charity land to the east of No 3 Gosport Road).

During 2025 the Crofton Men’s Shed was largely fitted out and regular meetings and drop-in sessions were taking place in the building for the benefit of older men in the parish. From October 2025, the Shed was also used for ‘Man Cave’ – a safe space for men in their 50s or younger who might not otherwise have a community (between jobs, shift working or working-from-home, full-time carers or struggling with mental health).

Some outstanding work to satisfy the Planning and Building regulations departments of Fareham Borough Council remained at the end of 2025. These include planting of a screening hedge (planning) and compliant entrance steps at both entrances to the building (Building Regs).

The licence fee for placement of the building (£60) was paid.

4. Financial Review

The financial summary for 2025 is attached to this report.

5. Charity Location and Trustees

The property of the Foster Charity is located at:

Gosport Road Stubbington Hampshire PO14 2AS

The 2025 Trustees of the Foster Charity were:

Rev Richard England (Vicar of Crofton Parish) Dr Martin Yeandle (Churchwarden of Crofton Parish) Nichola Sampford (Churchwarden of Crofton Parish)

The Foster Charity Accounts 2025

£ 39,533.78

Current Account Opening Balance

Number 1 Gosport Road

Income

Number 1 Gosport Road
Income
Rent £ 10,860.00
Total £ 10,860.00
Expenditure
Eckersley White Management £ 1,159.92
Maintenance / Repair £ 1,371.00
Total £ 2,530.92
Number 3 Gosport Road
Income
Rent £ 10,200.00
Total £ 10,200.00
Expenditure
Eckersley White Management £ 1,101.60
Maintenance / Repair £ 329.98
Total £ 1,431.58
The Foster Room
Income
Donations £ 5,455.00
Total £ 5,455.00
Expenditure
Electricity £ 790.91
Maintenance / Repair £ 652.45
Total £ 1,443.36
All Foster Property
Expenditure
Insurance £ 1,177.10
Gardening £ 1,680.00
Maintenance / Repair £ 1,540.00
Total £ 4,397.10
Other
Income
Crofton Men's Shed £ 60.00
Scottish & Suthern Electricity £ 40.00
£ 100.00
Expenditure
CFW 3 months @ £360 £ 1,080.00
CWT Gift vouchers for schools £ 1,160.00
Bank charges £ 25.50
Total £ 2,265.50
Total Income £ 26,615.00
Total Expenditure £ 12,068.46
Net Income £ 14,546.54
Current Account Closing Balance £ 54,080.32
Deposit Account Opening Balance £ 15,361.54
Interest £ 122.16
Deposit Account Closing Balance £ 15,483.70

Total Cash £ 69,564.02

2025
xed Assets
Freehold Prooertv atvaluation
FosterReading Room,GosportRoad,StubbingtonHampshire f5O2,74O.00*
lGosportRoad,StubbingtonHampshire f396,900.00"'
3GosoortRoad.StubbingtonHampshire f396.900.00'
rrentAssets
BankAccountsasper schedule 869,564.42
talNetAssets f1.356.104.02