TWYNAMS CHARITIES ANNUAL REPORT AND ACCOUNTS for the year ended 31 MARCH 2025
| Charity Number : | 255571 | |
|---|---|---|
| Correspondence address : | 95 Archers Road, Eastleigh, Hampshire, SO50 9AZ | |
| Anne Winstanley (Chair, Bishopstoke P C ) | ||
| Dick Whittington (co opted) | ||
| Trustees : During the year ended 31stMarch 2024 |
Nicholas Couldrey (Fair Oak P C) Steve O'Connell (co opted) Gin Tidridge (Eastleigh B C) Desmond Scott [to 19 July 2023] |
|
| Paul Bright (co opted) | ||
| Charity’s Governing | Charity Commissioners Scheme dated 12 March 1968 as | |
| Document : | amended 15 | January 2013 |
| Clerk to the Trustees : | Alison Mears | |
| Bank : | NatWest Bank plc, Eastleigh, SO50 9XN | |
| Independent Examiner : | Eleanor Greene of Do the Numbers Ltd | |
| Area of benefit : | Bishopstoke, Fair Oak and Horton Heath | |
| Sums of cash not needed for immediate working purposes shall | ||
| Investment policy: | be invested in the name of the Official Custodian unless the Charity Commissioners otherwise direct. |
|
| All funds are | held in the name of Twynams Charities. |
TWYNAMS CHARITIES
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Aims
Relieving persons in need of assistance who are resident within the Civil Parishes of Bishopstoke, Fair Oak and Horton Heath.
The Charity owns, manages and rents out five properties known as Twynams Cottages in Fair Oak Square, Fair Oak, Hampshire.
Once the cost of maintenance, repairs and insurance for the properties has been paid out of the rental income the Trustees make funds available for assisting people in need via third parties such as local housing charities and schools
Review of progress and achievements
All of the properties were rented out in the year and further energy efficient maintenance carried out. Grants were made to local schools in accordance with the aims of the Charity.
Future projects
The Trustees are continuing a review of the future direction and operation of the charity to align its original purpose with the current economic and social climate.
Anne Winstanley Date Chair
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TWYNAMS CHARITIES
FOR THE YEAR ENDED 31 MARCH 2025
I report on the accounts of the Charity for the year ended 31[st] March 2025, which are set out below.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act
to state whether particular matters have come to my attention
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act and
to prepare accounts which accord with the accounting records and comply with the accounting, requirements of the 2011 Act have not been met or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
Eleanor S Greene Director, Do the Numbers Ltd
Date 11[th] August 2025
TWYNHAMS CHARITIES FINANCIAL STATEMENTS for the year ended 31[st] MARCH 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Receipts | £ | £ | £ | £ |
| Rental income | 44,066 | 27,263 | ||
| COIF income | 440 | 418 | ||
| Bank interest | 324 | 186 | ||
| Insurance claim | 0 | 0 | ||
| Total receipts | 44,829 | 27,867 | ||
| Payments | ||||
| Property repairs and maintenance | 17,000 | 25,898 | ||
| Insurance | 1,611 | 1,542 | ||
| Accountancy charges | 125 | 125 | ||
| Management | 1,441 | 2,554 | ||
| Utilities on vacant property | 0 | 0 | ||
| Office and administration | 126 | 135 | ||
| Donations to Charitable organisations | 10,000 | 2,500 | ||
| Total payments | 30,302 | 32,754 | ||
| Net income / (expenditure) | 14,527 | -4,887 |
Statement of assets and liabilities as at 31 March 2025
Tangible fixed assets
476 to 484 Fair Oak Road (freehold of terraced houses)
| Tangible fixed assets 476 to 484 Fair Oak Road (freehold of terraced houses) |
||
|---|---|---|
| 2025 | 2024 | |
| Fixed asset investments | ||
| M&G Charifund 468 Units value at 31 March 2025 | 7,106 | 6,814 |
| Current assets | ||
| Nat West current account | 1 | 1 |
| Nat West reserve account | 30,301 | 16,425 |
| 30,302 | 16,426 |
Anne Winstanley Date Chair