Reg15tered Charlty Number 240660 OU) WINI)SOR UNITED CHARMES Unaudlted financial statements for the Year ended 3tst December 2025 Independent Examiner's report to the Tru5tee5 of Old Windsor United Charities I report on the accounts of Old Windsor United Charities (the Charity) for the year ended 31st December 2025. which a￿ set out on pages 2 to 4. Responsibillt6es and basis of report As the charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirernents of the Charities Act 20111.the Act'l. I report in respect of my examination of the Charity's accounts 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 145(5)Ib) of the Act. Independent examlnerfs statsment I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in ary material respect: l. accounting records were not kept in respect of the charity as required by Section 130 of the Act: or 2. the accounts do not accord with those records. I have no concems 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 accounts to be reached. Ben Harper Plaion 2nd Floor, Building 1410 Arlington Business ParK Theale. RG7 4SA <8.J.o&126 Old Windsor United Charities General Restrlcted Receipts Residents, contributions Investment income 63.082 5.125 63.082 5.125 61,692 4,997 Investment interest Miscellaneous income {incl refvnds) Assets and Investment sales Transfers and sales rotol re￿Ipts 70,272 70,272 67,082 Payments Management and runnlng costs of the ￿MShOu5es. Staff costs Office and administration costs Council tsx and utilities General maintenance Extraordinary rnaintenance Accountancy and Examinerfs fees 14.699 11.117 4.912 40.963 14.699 11.117 4.912 40.963 14,598 14.518 4,015 24,174 4.281 Asset and Inve5tmert purtha5es: Investrnent purchases 76,619 76.619 61.614 Net Ipaymerrts)/recelpts Cash funds at 31st December 2024 Cash funds at 31st December 2025 {6.347) 61,681 55.334 6,347 5,468 55.334 61.681 The notes on page 4 form part of these accounts. Old Windsor United Charities General Restricted Cash funds Balances at bankers 61,681 Total cashfvnds Other monetary assets Debtors and prepayments Investment assets at market value Blackrock Charities funds M & G Charity Multi Asset Fund 34.348 77 34.348 32,974 Assets retained for the charlty's own use Almshouse property (note 3) Total assets Llabllhles Creditors and accruals Net asset value at 315t December 2025 542,583 542,583 539,580 The notes on page 4 form part of these accounts. Approved by the tnJ5tees on 22 and signed on their behalf by: TRHowe Trustee J K Dawson Trustee Old Windsor United Charities •Ji& l. Basls of preparatlon These accounts have been ￿pared as R￿ipts and Payn￿nts knunts under S.133 of the Chèrilies Act 2011. 2. Fund acrountlnz General (unrestricled) funds: General (unre5trictedl funds represent resour￿ whtch are expendable at the discretion of the Trustees in the furtherance of the objects of the tharity. 3. Almshouse proprty Cost at 315t December 2020, 2021. 2022. 2023. 2024 and 2025 375.017 The Almshouse property is owned free1K￿d. It Is malntalned to a high sLindard. The trustees believe that the property has a value at least equal tts the accumulated cost shown above and, therefore, depreclatlon is not provided in resF*rt of either the land or the buildings. CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From: 01.01.2025 Period start date To: 31.12.2025 Period end date Charity name: The Old Wlndsor United Charltles Charity reglstratlon number: 240660 Objectives and Activities SORP relerenc• Para 1.17 Summary of the purposes of the charity as set out in its goveming document Provlslon and malntenance of Almshou8es for those In need In the local area and for the general beneflt of the or of the ar15h of Old Wlndsor. The management and malntenance of the Almshouses has contlnued throughout the year. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Chanty Commlssion on ublic benefit PJra1.17ar Para 1.18 The Trnstees are aware of the guldance regardlng publlc beneflL Th• Trustees are satlsfled that the actlvltles of the charlty meet these requlrements. Addltlonal Informatlon (optlonal) You ma choose to include further statements where relevant about: SORP ieferer Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Pafo 1.38 Conlribution made by volunteers Other lof6 Achlevements and Performance SORP felerence Two propertles were vacated as the resldents dled, they were partlally refurblshed and decorated. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the cirCumstan￿S of its beneficiaries and any wider benefits to soclety as a whole. P8r8 1.20 Asbestos floor tlles were removed from one property. Three new bollers were Installed. The flve yearly EICR assessmants took place In all propertles. The resldents and trustees enjoyed a Chrlstmas lunch at a local restauranL Addltlonal Inforniatlon (optlonal) You ma choose include furth r statements where relevant abo Achievements against objectives set Para 1.41 Perfomianee of fundraising acts'vities against objectives set P•rn 1.41 Investment perfomance against objectives Para 1.41 Other 2of6 Financial Review Review of the charity's financial position at the end of the period Para 1.21 At the end of 2025 there was a shortfall of £7,389, thls was down to an Increase In utiiitle3, unexpected work that needed to be done to vacant houses, asbestos removal and two unbudgeted addltional boller replacements. We transferred £2,000 from the current account Into the deposlt account In January 2025. The deposlt account now has £41,488, whlch Is more than stlpulated by our Reserves pollGy. The Trustees regard the flnanclal osltlon as satlsfacto The charlty recognlses the need to have sufflclent funds In reserve, (readlly avallable or easily convertlble Into cash) to cover day to day expendlture. and the malntenance of older propertles. Cash reserve5 will also be needed In the event that there Is a reductlon In monthly malntenance contrlbutlon (MMC) Income followlng the departure of resldents and endln new resldents beln olnted. In order to mltlgate thls rlsk, the trustees have calculated that reserves of £40,000 would be needed to allow the charlty to operate for at least 6 months wlthout Income from MMC. Statement explaining the policy for holding reserves stating why they are held Para 1.22 Amount of reserves held Para 1.22 The charlty's constltutlon requlres the provlslon of an Extraordlnary Repalr Fund for the extraordlnary repalr, Improvement or rebulldlng of the almshouses. The trustees conslder that a reserve of £75,000 Is the current rudent level for thls fund. Reasons for holding zero reserves Details of fund materially In deficit Explanation of any uncertainties about the charity contlnuing as a g0Sng concem Pern 1.22 Para 1.24 Para 1.23 Addltlonal Infomiatlon (optlonal) You ma choose to include further statements where relevant about.. The charity's princlpal sources of funds (including any fundraising) PAra 1.47 3of6 Investment policy and objectives including any social investment policy adopted Parn 1.46 A description of the principal risks facing the charity Paro 1.48 Other 4of6 Structure, Governance and Management Description of charity's trusts". Type of goveming document Para 1.25 Constitutlon How is the charity constituted? Para 1.25 Trust Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Parn 1.25 Appolnted by Parlsh Councll (PC) and Parochlal Church Councll (PCC) Addltlonal Inforniatlon (optlonal) You ma choose to include f rther slatements where relevant about: The Charlty's rlsk assessment was revlewed and updated In January 2025. Policies and procedures adopted for the induction and training of trustees P•r• 1.51 The charlty's pollcles were revlewed and updated where necessary. The charity's organisational structure and any wider netr￿Ork with which Ihe charity works Para 1.s1 Relationship with any related parties Parn 1.51 Other Reference and Admlnlstratlve details Chari name Other name the charity uses The Old Wndsor United Charitles Penny Royal Almshouses Old Wndsor Unlted Charities 240660 Penny Royal Almshouses, 36A, Crlmp Hlll Road. Old Wndsor. SL4 2QY istered chari number Charity's principal address 5of6 Names of the charlty trustees who manage the charlty Namo of p•r•on (or body) gntltl•d to •ppolnt tru¥t•e Tru•l•• n•m6 Office (11 any) Dale• aet•d If not for wholo yoor Jane Dawson Chair Parish Council pcc Parish Council Parish Council Antony Wood Neil Knowles Trustee Untll March 2025 Trustee Trustee Tony Howe Adel Shokralla Trustee Until October 2025 pcc pcc pcc Mary Sibley Lovaine Bunce Trustee Trustee From July 2025 Declaratlons The trustees de¢lar• that they have approved the trustses, report above. Slgned on behalf of the charfty's trustees Slgnature(8) Full name(8) Jane Dawson Tony Howe Posltlon (e.g. Secretary, Chalr, etc) Chair Treasurer Date /{- 1*.6-202& 6of6