Re8&ered Charity Number 2460 OLD WINDSOR UNrrED CHARMES Unaudlted financLIl ststements for the Year ended 3tst December 2024
Independent Examlnevs rePt to the Trustee5 of Old Wlndsor Unlted Charities I report on the accounts of Old WirKlsor United Charlties (the Charlty) for the year ended 31st December 2024, vthlch are set out on pages 2 to 4. Responslbllllles and ba51$ of report As the charity trustees of the Charlty you are rwslble for the preP10n of the accounts In accordanee with the reqUIrnents of the Charities Art 2011 (tthe ACVI. I report in respect of my examlnknon of the ChariV5 accounts carrled out under secllon 145 of the 2011 Act and In carrying out rny examination I have followed all the appticable Dlfections given by the Charlty Commission under section 145{5}Ib} of the ACL ITrdendent examlnerfs statem I have tompleted my examinatlon. I Confi that rK) material matters have come to my attentlon in connecilon with the examination givin8 me cause to believe that in any material fesF*rt: l. accounting records were not kept in respert of the charity as quIred by Section of the ACL. or 2. the accounts do not accord with those recon I have no concerns and have come across rK) Otr matters in connectlon with the examination to which attention should be drawn in thls report in order to enable a proper understsndlng of the acwunts to be ached. Ben Harper Plalon 2nd Floor, Buildlng 1410 Arlington Buslness Part Theale, RG7 4S4
Old Wlndsor Unlted Charities General Restrirted Retelpts Residents, contribution5 Investment income Investment interest Miscellaneous Into (ind refun(isl 61.692 4.997 61,692 4,997 61.228 4,510 Assets and leS Trdnsfers arKI sales Totr¢1pts 67.082 67,082 66,238 Payments Management and runn1 costs ofthe Almsh. Staff costs offi and admlnlstratlon costs Council tsx and utilltles General maintenance 14.598 14.518 4.015 24.174 4.281 14,598 14,518 4.015 24,174 4,281 13,453 12.333 3,906 21.980 4.618 Extraordinary maintenance A¢countsncy and Examine$ fees Investment purchases 61,614 61,614 56,453 Net Ipaymentsmrecelpts Cash fun(ts at 31stOecember 2023 Cash lunds at 31st December 2024 5.468 9.786 56,213 61.681 6L681 56,213 . The notes on page 4 fonn part of these acfounl
Old Wlndsor Unlted Charitles Genernl Restricted Cash lunds BalanTrs at bankers Debtors and prepayments Investnwnt assets at marknt value Blackrock Charftles funds M & G Charlty Mult5 Asset Fund 32.974 32,974 32.684 Almshouse property (note 3) To¢qlassets Uabl#des Creditors and accwals 539.580 539,580 531.556 The notes on page 4 fom part of these ac¢ount& Aprd by the trustees ( 21 . ts. 2oS and si8ned on their behalfby: TRHowe Trustee /( J K Dawson Trustee
Old Wlndsor United Charities l. &isls of pyeparatlon These accounts have been prepared as Receipts and Payments Accounts under S.133 of the Charitles Act 20: 2. Fund accounting Genernl {unre5trf¢ted) lund&' General (unrestricted) funds represent rewrce5 which are experrflable at the dlscretson of the Trustees In the furtherance of the objects of the char5ty. 3. Almshouse property Cost at 31st December 2019, 2020. 2021. 2022. 2023 and 2024 375,017 The Almshouse property is (y•med freehold. It Is malntsiffted to a high stsndard. The trustees believe that the property has a lue at least equal to the accumulated cost shown aljove and, therefore, depreclatlon Is not provided in respect of either the land or the butldlng&
CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From: 01.01.2024 Peri start date To: 31.12.2024 Pwiixj end date Charity nam•: The Old Windsor Unitsd Charitlos Charlty reglstrallon number: 240660 Objectives and Activities Summary of ts wrposes of the chafity as set wt in tts govemirKJ do(xlln8nt 1.17 Provi•ion and malrttsnan of Aknshouses for those In no•d In the local ar•a al for the gen•ral b•nofft of rofthe rish of Clld Windsor. Th• managomont and malntenance of Summary of the main activities in relatkjn to th03& purposos for thè pui4ic bènefft. In particltsr. the activities. prqerAs or sarvices identified in the accounts. ststemerrt confirmi whether the Iwsiees hav8 had regard to the guldaN* Issued by the Charlty Pwa 1.17 throughout the y••r. 1.18 Th• Trusto•8 arn awar• al the guldance rngarding publlc bgn•fiL Th• Tru$tO0• •r• sallsfiod that the actlvltl•8 of tho Addltlonal InfornOn lopdonal) You ma to Indude further statements vthere rel8vant ab(xJL' Pm 1J8 poli on grant niaking Parn Policy on social investmert induding program relaled Investrnent Pw• 1.3VI Other lof6
Achlevements and Perfomwnce Penny Royal's Quinquennlal Inspectlon took place in July. The rnport stated thaL" the almshouses were in falr conditson consistent with their ago and type of constructlon: tho bulldlngs have been w•U malntain•d and updated over Summary of the main achievements of ts Ltt*. IdentfytrvJ the differerte the chariVs work has made to the cIrcumstsn of its beneficiaries and any vider beneffts to xxiety as a P•zi ono property, whlch than raqulr•d mlnor Iwthr¢)om. carn was taken to make It moro accesslblo for the resldenL The r•$ldents and trustees enjoyed a Chrlstmas lunch at a local restauranL Addltk>n•l Inlomiatlon loption•l) You ma Achlevements agak objedives s8t Pw 1.41 Perfornianlx of lurKlraising P•• 1A1 Set Inv8Stm8nl p8rromrn against obieclives Pv• 1.41 2of6
Financlal Review Review of the charit$ financ4al pjskn at the end of the perwjd 121 At the end of 2024 the accounts were In go(xl onlor. We transferred £4.000 from account in January 2024. then were in a account In January 202& Tho doposlt The Tnmtws regard the flnanclal itlon as salisfacto . The charlty recognlses tho naad to havo sufficient funds in reserve. (readily avallablo or easNy convertlbh Into cash) to cov•r day to day oxp•ndltur•, and Ihe maintenance of older pmpertie•. Cash roswves wlll also b• neoded In thè evont that th•rn Is a r•ductlon In monthty malntenance contrlbutlon (IAMC) Incomo folowing the departurn of resldents and ndln new r••ldènts bèln Inted. In ordor to miligato thi6 risk, the trustee• have cakulated that rnserves of £40,000 would nwdad to allow thè charlty to opornlo for at lea•t 6 monts wlthout Statement explaining Ihe policrf for holdtng reserves statiThJ why they are hekj Px• 122 Amounl of reserves hekj 122 The charws Mnsthutlon requlres th• ovlslon of an Extraordlnary Rwlr Fund for the •xtrnordlnary repalr, Improv•m•nt or r•bulkllng of tho ¥ansh0. The trusloos con8ld•r that a reserve of £75,000 is the current dent level for thls fund. Pwa122 reserves Delails of fund materialty in defi(ii Explanalion of any uncwtsinties about the drity oxitinuiT¥J as a g¢Jing Pwd 124 iza Ywma charl$ wincipal Sour of funds (induth¥¥J any fundraising) Pm 1A7 P*4 1.46 3of6
Investmerrt pcAicy and objedives induding any social InVeStrn pdlcy adopted A description of the prinqMI risks facing the thar6ty Ptha 1A& Oth 4of6
Structure, Governance and Management Description (rf charitys trusts: Typ8 of govemiThJ d0wrnt Pwa1 How is the tharity conslltuted7 Pa 125 Trustee selection ffthods including delals of any consbtuiKThI provisK)ns e.g. election to post or name of any parson or enli11 to apw)int one or more trustees P*• 125 Appolntsd by Parish Councll (PC) and PanKhlal Church Councll {PCC> Additlonal Infomiation (Wlonal) You rna adopted for tt)e inducti( and tralnlng of trustees Th8 charity's ¢JryanisalwxI structure and any wbjer P•• 131 Relatlonshlp wlth relaled parties Pwa 151 Reference and Administrative details name istwed tha number Charitys prin¢ipal address Okl Winds(x. SL4 2QY 5of6
Iwn• of poTron (¢x i¥)dy) Jane Daws(m Ch Trustee Antony Wood Trustee Trustee Tony How8 Adel STrKknHa Mary Sib18y Parish Councl pcc pcc Trustee Twstee Declaratlons The trustees daclar• thal thoy hav• approvod tho Inte•S, TOPOrt abov•. Slgned on bohalf of the charlty'8 truste sIgnarn(S) Full nwn•($) Tony How6 Pltion (e. S•cr•tary. Chalr. •tc) Chair Treasurer 2(.S.Zt92_3 6of6