The Almshouses and Hospital of Miss Ann Bearpacker Trustees Report and Unaudlted Accounts Charity number: 238708 31 December 2025
Contents Page Reference and Administrative Details Trustee5 Report Independent Examinerfs Report Statement of Financial Activities lincluding Income & Expenditure account) Balance Sheet Notes to Financial Statement Page I
REFERENCE AND AOMINisfRATIVE DAlLs Charity Nurnber 238708 Trustees The following trustees served during the year: D Aston (interim chairl A Bell R Bernays S Dove L Hewi5h (Chairl D Moss L Leyland (appointed 715120251,1 (Retiring 3117120261 Key Management Personnel Retiring Chair Interim Chair Re¢d Lesley Hewish Ilncumbent of St Marfs Parish Church) D Aston was appointed chair during the Interregnum, until a new incumbent is recruited following Rev'd L Hewish retirement Teresa Pottinger Clerk to the trustees Principal place of business 6 Holywell Road, Wotton-under-Edge Glos. GL12 7NJ Independent Examlner Mrsj Robert5 Willow Accountancy Ltd Tortworth Lodge Tortworth Wotton under Edge Glos GL12 8HG Bank Lloyds Bank P.0. Box 1000 Andover BXI ILT Page 2
TRUSTEES REPORT The trustees present their report and financlal statements for the year ended 31 December 2025. OBJEcfivES AND ACTIVITIES To provide accommodation for ten elderly, independent inhabitants lor close relatives of inhabitants) of the Parish of Wotton-under-Ed8e and members of the Church of England. To maintain the ten cottages and gardens that comprise Miss Ann Bearpackerfs Almshouses. Achievements and performance 2025 has been yet another year of changes for the residents and trustees of the Anne Bearpacker Almshouses as our two newest residents moved in during January and March 2025, following a refresh to the décor. and have now settled in. This means our IQ cottages were fully occupied at the end of 2025. The residents continue to be self-sufficient and care and look OUL for each other. The cottages are kept in good order by the residents and were maintained by Glenn Wedlake and Leigh Leyland, our new Trustee who replaced Glenn after many years of service. Glenn also finally retired from all his duties as a Gardener and on call contact, at the end of 2025. He will be sadly missed by 311. This year the stone mullions on roots of numbers I to 4 have been replaced by a specialist Stone mason where the weather had caused erosion and splintering of stone to the paths below. Easter is a time of giving and the residents were delighted as always to receive their golden chocolate bunnies. In June we had a very enjoyable afternoon tea and cake social with the residents and Trustees in the sunny church graveyard. We had a very jolly Christm35 Wlth a resident's and Trustee lunch at The Fleece in Hillesley and an evening when the Cubs and Beavers came carol singing finishing with hot chocolate and more singing in the church around the tree. We ended the year with a full complement of six trustees,. Derek Aston Iwho joined us in May). Alan Bell, Robert Bernays, Sharon Dove, Leigh Leyland and Dot Moss with our chair being Re¢d Lesley Hewish. Teresa Pottinger continues as Clerk to the Trustees. STRUCTURE. GOVERNANCE & MANAGEMENT The Charity was founded in 1836 by Miss Ann 8earpacker. It is governed by a deed of trust granted on 07/0211838 and by the Charity Commission initially on 1110711916 with further updates as required by the commission. Trustees are appointed at any of the four general meetings by agreement of the Chairman and existing trustees. The Chairman is the Vicar of The Parish of St Mary the Virgin, who is due to retire in July 2026 so a Chair will be nominated from within the group during the Interregnum. Page 3
FINANCIAL REVIEW Income is received in the form of monthly maintenance payments from the residents. Larger projects are funded from accumulated reserves. No major transfers from reserves were required this year, as expected expenses were deferred to 2026. Therefore£7,000 was transferred from our current account to the Extra Ordinary Repair Fund IERFI to earn interest. The revaluation of the buildin85 was undertaken and is reflected in the accounts. The implementation of a payroll system for the Clerk to the Trustees was implemented from April 2025. Masonry repairs on the roofs of numbers I to 4. where successfully carried out to the carved stone copings that were being affected by the weather and beginning to fall away. At a cost of £8,255. Whilst the scaffolding was ererted for the roof, facia boardsi gutters and down pipes were fixed and re-painted. Potential damp issues were monitored and addressed in number 5 and number 10. two end of terrace cottage5. They have been maintained at satisfartory levels following internal and external improvements to aid air circulation. The Budgeting from 2025 and forecast for 2026 indicated continuing increase in the rise in utility cost5. Therefore, the weekly maintenance payment was agreed to increase by 3% from January 2026. Specific expenses in 2026 are likely for: A walk-in shower (conversion from a bath) and re-vamp of number 9 is due to the passing of a long-term resident in April. Re-quoting is being undertaken and should cost approximately £10,000. Budgeting for this improvement was made in 2025. The boiler in number 10 was serviced and works well, however due to its age it may need replacing in 2026. Plan of works is being scoped out lookinE specifically at upgrading the 30-year-old kitchens. The Risk Management policy has highlighted small OLrtlay of cost required to address a Bearpacker specific Information Technology system and 15 investigating any costs to address any outSt3nding fire risks. The Charity does not actively raise funds from the public. The Charity made a surplus of £3,297 Reser¥es Pollcy Accumulated surplus funds are held in COIF Charities Deposit Fund accounts for future large-scale repairs and maintenance of the properties. The Trustees approved a new Reserves Policy on 22nd January 2025 which makes provision in the event of 3 reduction in WMC income following the departure of residents pending new residents being appointed in order to mitigate the risk. The trustees have calculated that free reserves of £12,000 would be needed to allow the charity to operate for at least six months without income from WMC. Page 4
The Trustees intend to build up this fund using surplus income over the next few years and that any excess income in the current account would be transferred to our savings account to help accrue interest on a quarterly basis The Trustees also recognise the need for investment to fund upgrading the bathrooms and kitchens in the near future and to repla the remaining roof at some future point and has resolved to accumulate and maintain reserves to the value of £150.000 to achieve this. Golng Concern At the time of approving the financial statements the Trustees have a reasonable expectation that the charity has adequate resource5 currently held in bank and investment accounts to continue in the operational existence and to meet known capital expenditure for the foreseeable future. Thus. the Trustees continue to adopt the going concern basis of accounting in preparing the firbancial statements. STATEMENT OF TRUSTEES RESPONSIBILITIES The charity trustees are responsible for preparing a trustee's annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. the applicable Charities IAccounts and Reports) Regulations, and the provisions of the Trust deed. The Trustee5 are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Charity's trustees D T Aston ..&un2don.14iJ)812026,.IIJ)B.'592SI.............. Signed .... Date................-......... Derek Aston Ichair of trustees, during the Interregnum) or Chair appointed from within the Trustees. Page 5
The Almshouses or Hospital of Miss Ann Bearpacker Independent Examiners Report Independent Examiner's Report to the trustees of The Almshou5e5 or Hospital of Miss Ann Bearpacker I report to the trustees on my examination of the financial statements of The Almshouses or Hospltal of Mi55 Ann Bearpacker for the year ended 31 December 2025. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the ftnancial statements in accordance with the requirements of the Charities Act 20111'the Art'l. I report in respect of my examination of the charity's financial statements 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 14515llbl of the Act. Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that tn any material respect- the accounting records were not kept in respect of the charity as required by section 130 of the Act,. or the financial statements do not accord with those records,. or the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Account5 and Reports) Regulation5 2008 other than any requirement that the financial statements give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Jo Roberts signed on 0410812026, 15.'10.'08 BST Mrs J Roberts Chartered Institute of Management Accountant5 Willow Accountancy Willow Accountancy Ltd Tortworth Lodge Tortworth Wotton under Edge GL12 8HG 04 August 2026 Page 6
The Almshouse5 Qr Hospital of Miss Ann Bearpacker Statement of Financial Attivities for the year ended 31 December 2025 Unrestrirted funds Totsl funds Total funds 2025 2025 2024 Notes Income and endowment5 from: Donations and legacies Investments 50 8,200 33,769 8,200 33,769 9.395 30,525 Other Total 41,969 41,969 39,970 Expenditure on-. Other 38,672 38,672 28.089 Totsl 38,672 38,672 28.089 Net gains on investments Net income 3,297 3,297 11,881 Transfers between funds Net Income before other gains/l105ses) 3.297 3,297 11,881 Other galns and losse5 Gains/lLossesl on revaluation of fixed asset5 23.840 23.840 1206,7191 Net rnovement In funds 27.137 27,137 1194,8381 Reconciliation of funds: Total funds brought forward 521.617 521.617 716,455 Total fvnds carried forward 548,754 548,754 521,617 Page 7
The Alrnshouses or Hospital of Miss Ann Bearpacker Balance Sheet at 31 December 2025 Charity No. 238708 2025 2024 Fixed assels Tangible assets 329,090 329,090 305,250 305,250 Cuffent assets Cash at bank and in hand 219,664 219,664 219,664 216,367 216,367 216,367 Net current assets Total assets less current liabilities 548,754 521,617 Net assets excluding pension asset or liability 548,754 521,617 Total net assets 548,754 521,617 The funds of the charity Unrestricted funds General funds Designated funds 32,438 187,226 51,951 164.416 219,664 216.367 Reserves Revaluation reserve 329,090 329,090 305.250 305.250 Total funds 548.754 521,617 Approved by the trustees on 12 August 2026 And signed on their behalf by- D. Aston D T Aston signed on1410812026,11.'08.59 BST Tr¢Jstee 12 August 2026 Page 8
The Almshou5e5 or Hospital of Miss Ann Bearpacker Note5 to the Accounts for the year ended 31 December 2025 l Attounting pollcies Basis ol pParatIon The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Finantial Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. Charsge in basis of accountlng or to previous accounts There has been no change to the actounting policies Ivaluation rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accounting Urire5tricted fund5 These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the tTUStees for particular purpose5. These are unrestricted funds which include a revaluation reserve Tepresenting the restatement of investment assets at their market values. These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restricted funds Income Recognition of income Income is included in the Statement of Financial Activities1SoFAI when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. Donations and legacie5 Voluntary income receive(I by way of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SOFA at the same time a5 the donations and gifts giftldonation to which it relates. Donated services These are only inclLtded in income Iwith an equtvalent amount in expenditure) and facilit*es where the benefit to the Charity is reasonably quantifiable. measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gainsll105sesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. asset5 Gainslllossesl on investment assets This includes any gain or loss on the sale of investments. Page 9
The Almshouses or Hospital of Miss Ann Bearpacker Note5 to the ACCJnts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT whith cannot be fully recovered, ond is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs a550Ciated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity. including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Taxation The charity is exempt from tax on it5 charitable activitie5. Freehold investment property Investment properties are measured initlally at cost and subsequently at fair value at each balance Sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Artivities as they arise. Trade and other debtors Trade and other debtors are recognised 3t the settlement 3mount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financtal position, bar7k overdrafts are Shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to 3 third party and the amount due to settle the obligation can be measured or estimèted reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discoLsnts due. Receipt ol donated goods. tacilities and services All donated goods, facilities aod services received are cOgniSed within incoming resources and expenditure at an estimate of the value to the charity. Page 10
The Almshouses or Hospital ot M155 Ann Bearpacker Notes to the Accounts 2 Income from donatlons and legacles Total Total 2024 2025 Donations from residents 50 50 3 Income from investments Unrestrirted Total Total 2025 2024 Interest received 8.200 8.200 8,200 8,200 9,395 9,395 4 Other income Unrestricted Total 2025 Total 2024 Maintenance Contributions 33,769 33,769 33,769 33,769 30,525 30.525 5 Other expenditure Unrestrirted Total Total 2025 2024 Employee costs Premises costs 5,408 30,648 5.408 30,648 2,112 504 3,600 21,708 2,277 504 General administrative costs Legal and professional costs 2,112 504 38,672 38,672 28,089 6 Trustee remuneration and expenses One or more of the trustees has been paid expense5 in the current or prior periods. 2025 Number 2024 Number NurTiber of trustees paid expenses The nature of the reimbursed expenses Two trustees were reimbursed for out of pocket expenses incurred exclusively for the purpose of the Charity. Mr L Leyland (Trusteel was paid £7.021 for seNices in the period for maintenance of the properties12024.. £254 for expenses & £1,831 for maintenance). Total expenses reimbursed to trustees 7.144 9,886 Page 11
The Almshouses or Hospital of Miss Ann Bearpacker Notes to the Accounts 7 Staff costs 2025 5,408 5.408 2024 Salaries and wages 3,600 3.600 No employee receÉved emoluments in exce55 of £60,000. 8 Tangible fixed assets C05t or revaluation At l January 2025 Revaluation At 31 December2025 305,250 23.840 329.090 305.250 23,840 329,090 Net book value5 At 31 December 2025 At 31 December 2024 329,090 305,250 329,090 305,250 The property has been valued to reflect a verbal valuation confirmed by J Ashton MNAEA IAug 20251 9 Movement in funds Incoming resources At31 December Resources Gross transfers (including At l January other 2025 gainsl105sesl expended 2025 Restrirted funds: Unrestricted funds: General funds 51,951 34,582 138,6721 115,4231 32,438 Designated funds: Cyclical Maintenance Fund Extraordinary Repairs Fund Total 133,525 30,891 5,999 1,388 6,840 8.583 146,364 40,862 164.416 7,387 15,423 187,226 Revaluation Reserves: Revaluation fund 305,250 23,840 329.090 Totol revoluotion reserves 305,250 23,840 329,090 Total funds 521,617 65.809 138,6721 548,754 Purposes and restrictions in relation to the funds-. Revaluation reserve5 Represent the amount by which investments exceed their historical cost. Designated funds.. Cyclical Maintenance Fund Periodic repair and maintenance of property Extraor(linary Repairs Fund Substantial repair and maintenance of property Page 12
The Almshouses or H05Pttal of Miss Ann Bearpacker Notes to the Accounts 10 Analysis of net assets between funds Unrestrlcted funds Restricted Total funds Fixed assets 329,090 187,227 516,317 329,090 219,664 548,754 Net current assets 32,437 32,437 11 Reconciliation of net debt At31 December 2025 At l January 2025 Cash flows Cash and cash equivalents 216,367 216,367 3,297 3,297 219,664 219,664 Net debt 216,367 3.297 219,664 Page 13
Signatures' technical details
Signatures
derek@astons.info
14/08/2026, 11:08:59 BST
Fingerprint
fb7055c23708dd1db4fed0901118e9720515d636
Event log
10.50.10.18414/08/2026, 10:11:18 BST
Signing request created.
System14/08/2026, 10:11:21 BST
Notification sent to derek@astons.info.
System14/08/2026, 11:07:34 BST
Signing page opened by signee derek@astons.info.
System14/08/2026, 11:08:59 BST
Signee derek@astons.info signed document.
System14/08/2026, 11:08:59 BST
Signing process completed.
Summary
Envelope's ID:5k9ka3dl
Document's hash:c5df406f23a81ff3fc2581567397119255892368cda207f90b8c5cf53b195a08
Final stamp:14/08/2026, 11:09:01 BST
----- Start of picture text -----
Verification QR Code
----- End of picture text -----