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 D￿AlLs
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 This year the stone mullions on roots of numbers I to 4 have been replaced by a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 p￿ParatIon
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 ACC￿Jnts
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

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## **`derek@astons.info`** 

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14/08/2026, 11:08:59 BST
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Notification sent to derek@astons.info.
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Summary
Envelope's ID:5k9ka3dl
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Final stamp:14/08/2026, 11:09:01 BST
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