CHARITY COMMISSION FOR ENGLW AND WAiES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl memb•rJ of Vin£t'S Charty On accounts forthe year ended 31 March 2025 Charity no (rf any) 251320 S•t out on pag•s 1-18 I report to the tNstees my eXantI)n oflh8 xcounls of the above charity (Ihe Trusf) fcf thè year )ded 31103f2025. Responslbilitles and ba818 of report As the trust8es. you are responsble for the preparalicm of the accounts in aeovdance with the rw4uirements of the Charitw Act 2011 Ilhe I repjrt #i res of ry examirwtv)n ofthe tharrty a(YQLtnts carried out under sedion 145 of Ihe 2011 Act and in canyin9 Out my examination. I have followed all the applIle CirectKJn$ by the Charity Commission under seclion 145(5){b} of the Act Independent I quaIrfd lo undertake the examination ty beirvj a qualtfied member of examlner's statemont the Institule of FinancAI Accwnlants. I ha conwlgted my examinat. I C that no malerral matters have Jme to my attention li o)nneclicffl with the whth gives me cause lo believe that in. any materid reyct.. the accounting records were not kept in acc¢8 with seCtn 130 of the Chariknes A(a. or the ac¢))unls did not accord wrth Ihe accountrng records., or the a)unt$ did not ciryty with the appk¢able requwements JnrMning Ihe forn and c£71ent of accryjnts sel out in the Chartties (Acwunls and Reports) Regulations 2008 other than any requirement that the a(unt$ and fairf View which k% not 8 matter conshaered as part of an independent exanwn8tK)n. I have no cOnM$ and have con across no other matters in connecth)n with the exarrinati)n to which attentwi should te drawn in this report in order to enabk a proper understanding of th& )Unts lo be reached. . Please c18 the wonls the brackets rfthey (lo not awy. 1510712025 Slgned: BRENDAN CHAMBERS Relevant wofosslonal qualificationl$l or b( lif anyl: F.F. IER Oct 2018
Addrnss: Maruwh Pbuse, 298 Regents Park Ro>J. London. N3 2SF Soction B Disclosure Only D)mpleie rf the examiner needs to hh1Kjht material matters of concem (see CC32, IrX1epelent examinatk)n of tharity accounts.. dire(Xions and 9uvJGe for examin&5). Givo here brfef detsils of any Itoms that the gxaminer wishes to dtsclose. IER Oct 2018
CHARITY COMMISSION FOR ENGLAND AND WALE5 Trustees, Annual Report for the period From 1 April 2024 To 31¥1 March 2025 Chartty narne: Vlncent's Charlty Charfty reglstratlon number: 251320 Objectlves and Activitles ' Summary ol the purposes of the charily as sel out in its goveming document P•0 1.17 To provhde hous9 acoynmodats'on and fmancial assisiance of needy persons of the age of45 and upwards. being resident in St Albans or having family or other assOcian$ therewith. The trustees have continued to provide subslantialty subsMli8ed accommodatr'on for its benefici8rEs who pay a modest weekly maintenance contribution. Thi5 is funded by other prortieS let on a C(nmercial basis. Summary of Ihe main activities In relalion lo those purposes for the public beneffit. in particular. Ihe activities, projects or 5eNices Idenlifted in the accounts. Statement confiming whether the trustees have had regard to the guidance issued by the Chariiy CommissiM on publc benefft Pw• 1.17 ¥J 1.19 Pwa 1.18 The trustees have had regard lo the guidance issued by the Charty Ccynmission on public benefft. Additlonal infomiation (optional) You ma choose to indude further statements *there relevant about: P¥a 1.38 Policy on granl making 1.38 Polw on social veSMent including program relaled investment P¥a1a8 Contribution made by volunieers other
Achlevements and Perforniance The trustees consider the pertomiance of the thanty lo be salt5fadory in this year. Ac)Mmodation continued to be provided al a sub51anlially subshdised conffibuts'on for Ihe benefit of vaffjous dIVidUal5 in need. Summary ofthe main aveMentS of the tharity, identifying the difference the tharitys WO has made lo the cirujmstances ol ts beneftciaries and any wider benefrts Io socKgty as whole. 120 We have transferred one property from being let cfjmfflercaalty lo being beneficiary. We have purchased an addl1)nal properly that is bèing let mmercIalty and will soon be let lo a needy person as a beneficiary property. Wth our remaffting substantial reseNes we have embarked on a rThtti-year programme of maior property upgrades to meet current environmental slandards. Addltlonal Inforniallon (optional) You ma choose lo include lurther slatements where relevant about.. Achievemenls aga¥Ést obieclNes set P*141 Perfomance of fundrais9 activit$ agamsl objecb'ves 141 Investmenl perfoan¢4 agalnsl obioctives P¥a141 Othèr
Financial Review Review of the charity's rinancial position al the end of the penod Pwa 1.21 The tha111S income was £161.725 (2023r24 £151,097) wilh property costs of £104.501 {20234 £125.0691 and addrtional expendItU of £12.961 (2023r24 £8.553 The trustees conswjer that general funds shoukj be maintained al a level equivalenl lo tsee month's expenditure. and an addilional reserve amounl of £75.000 shoukj be maintained for exceplKJnal repairs and rnaintenance. This level of reseNes has been maintained throu hout the ear. £7.078,318 2023124 £7.034.055 Stalemenl explaining the policy for holding reseThes statwig why they are hekj P¥• 1.22 Amount of reser4es hehj Reasons for holding zero reserves Details of fund matwially in deficit Explanation of any uncertainties about Ihe charity conts'nuing as a going concern Para 1.2Z P•r4 1.12 1.24 Pw¥ 1.23 Additlonal infornmtion (optlonal You ma choose to include further statements ¥theTe relevant about: The charitys PTinapal sources of funds I¥1UdIng any fundraisg) Para 1.47 Investment policy and objectives WICdg any social investment policy adopted Pw8 1.46 A descriplion of the principal risks facing the charity Pwa 1.46 Other
Slructure, Governance and Management Description of chantys Trust deed adopted on 23n11964 and trusts.. vaiie(I b scheme on 71111992. Type of govemng document Twgt deed I Irusi deed ro al charte..) How 1$ the chanty constituted? 1.25 P•a 1.25 Charitable organisation ,laiocialian. cini Trustee seleclion melhcxjs including delails ol any Ly)nstitulional provisions e.g. eleCtTr to post or name of any person or b¢Jdy enliued to appoint one or more trustees Pw8 125 In accordance ¥ttt Ihe Trusvs constituts'on. The tY ol trustees consists of seven cpetent peop lfve at present, two lo be appointed). Cowopted INslees are perscM)s residKig or canying on business in or near Sl Abans and are appoinled for a tem of fve years. ADY c1]petent trustee inled. AddStSonal infomiation (optional) You ma choose io include fvrther statemenls bthere relèvant about: Policies and procedures adopted for the inducti and training of trustees l>w• 1.sl The trustees degate the day to day running of Ihe charity to the Clerk of Tnjstees. The charity's organi5alional structure and Yder nerk with *thich the charity works P•B 1.51 Rèlationship with any related parties P¥a 1.51 Olher Reference and Admlnlstratlve details name Other name the chari istered chari number Charws wncipal address Vincent's Chafrt 251320 Clo Brelherton Law 1" Floor, Aban Row 27-31 Verulam Road St Albans Hertfordshwe AL3 4DG
Names of the Gharlty IrustM$ who manage the charlty Offlee (tt aryl D•t¢• Kted 11 not for WI10 N•m• of per•on lor body) tIlled olnt ¢Nots0 Penek)pe Williams Caroline MCCaffY John Austs'n Michaela Bygrave Terry Hill Chair 10 12 13 14 15 16 17 18 19 20 Corporate trustees - names of the d1Clor5 at the date the re Dlr•ctor n•m• rt vms approved Name of truslees holding title lo propety belonging to the Chaiity Dat•s acted 11 nol lor Twhole y* Tiust•e n•mo
Funds held as custodian trustees on behalf of others Description of the assels held in this capacty Name and objects of the charily on whose behaff Ihe assets are hekl and how Ihis falls within Ihe custodian charty's objecls Delails of arrangements for safe custody and segregalion of such assets Irom the charity's own a35ets Addltlonal Inforniatlon (optlonal) Narnes and oddresses of advlsers (Optlonal Infomiatlonl Type of Name Address odvlser Name of chief oxecutlve or names of senior staff membevs (Optional informallon) Exemptlons from disclosure Reason for non4iscbsure of ke rsonnel details Other o tional inforniation
Declarations The tTUStee5 declare th they have approved the truslus. rep¢)rt •l)ov•. Slgned on b•half of the charity's twst•es SlgnatuY•{sl Full narne(sl Posltlon leg Secretary, Chalr, •tc) Dato
CHARITY COMM15510N FOR ENGiAND AND WPiES 251320 Annual accounts for the To ricKI PeKYJ er 0110412024 3110312025 Section A Statement of financial activities R•¢ornnthd by •¢tity Prior year funth lun Totsi Incomlng rOU•S (Note J) F01 F03 F04 F05 Dtsr4Jr• •r4 hgAC8 161725 rotal Rewur¢•• •xp•nd•d (Note 8) 161.725 EX11 R•*r¢ 14v 104 501 104 5D1 12 S61 sio 8553 Total S12 117.462 Net Incomellexpendlturel before Investrnwrt gaIn{lO$se$l S13 17,475 514 Net In¢omellexp•ndltur•l Extraordlnary tt¢m8 Tran8fer8 b•twe¢n fund• Other recognId giln&llloswl: S15 44. 17.475 S16 $17 S18 S19 99.405 Not mowmentin funds SJ) R•con¢ili•tlon of fimds.. S21 7.034 055 7078318 6 917 175 7 034 055 SZ2 7.078.318
Section B Balance sheet unTr¢d Incorn &)dowment Trtal Total la•t funds Fixed assets Intanglble as$ots Tangiblo astygts Herltage thssgts Investments F01 F02 F03 F04 F05 (Not• 151 (Note 14) (Not• 161 (Note 171 Total fixed•ssets 6.584, 161 .161 6.584,161 6,584,161 6,316.820 6.316,820 Current assets Stock8 {Not• 18) Dèbtors (Not• 19) Inv•$tmgnts (Note 17.41 Cash at bank and in hand (Not• 24) Totsi current•SS•ts 810 20.973 20.973 13.054 710.541 723.S95 5CKI,517 5CQ.517 Creditors: amounts falllng du• wlthh) one year (Noto 20) B11 6.360 6,360 Net eurnnt •5setrffMbilitles) 012 494.157 494.157 717.235 Tothi assets less ¢uff•nt M•bilities B13 7,034.055 Cr•ditors: amounts falllng aft•r one year INot• 20) Provl$lon$ for liab115t5os 814 815 rolal net assets orli•bllitles Funds of the Charity endowment funds (Note 271 Rèstri¢tgd Incom• funds {Nots 2n Unrestrlcted funds Revaluation resérve 816 7.078,318 7.078,318 7.034,055 B17 811 819 1,520,854 S,557,464 7.078.318 1.520,854 5.557.464 7.078.318 1,476,591 5,557.464 7,034.055 Total funds B71 Signod by one or hwo trus$ on behall ol all the trustses Date of approval ddlmml Svanatu Print Name CC17a (Excell 14n7r2025