2021-04-05-accounts

The Trustees of The Retreat, Loxwood Registered Charity No 258850

Chairman Secretary N J Jones

Ms Bex McKee 01403 822666 9 Hamilton Road Cosham Portsmouth PO6 4QE 02392 431597

THE RETREAT CHARITY TRUST

CHAIRMANS REPORT FOR FINANCIAL YEAR ENDED 5 APRIL 2021 GOVERNING DOCUMENT TRUST DEED 26 APRIL 1966

Provision of residential accommodation for the elderly

The trust provides low cost housing for persons over the age of 60 giving priority to residents of Loxwood, their dependents and those who have ties to the local area. There are 9 units of accommodation which are managed for the trustees on a day to day basis by Greenoak Community Focus.

The problems associated with the Covid 19 pandemic meant that the usual progress and development has not taken place during the year. This is because of difficulty in initiating work and a desire to not expose our elderly residents to any unnecessary risk of infection. The trustees were able to hold one Zoom meeting during the year which was mainly taken up with routine matters. There has been some early planning towards improving the energy efficiency of the building and enlarging some of the smaller units. Thanks to a local charitable group residents received a Christmas food hamper.

N J Jones Chair

THF. TRlp%TF.F..% llF TIIF. RF.TRF.AT .()xw(Mii) F in•nciAI.%llemtnl4 I'er F.nded 41 April 2D21 T Gtsrney Smitb & Co Chntrtd TIA.4th7 ew Pound Wisborougb Grten West Sussex RH140AZ

THE TRUSTEES OF THE RETREAT LOXWOOD, WEST SII&SEX. RF.GISTERED CHARITY YIIMBER 258850 ACCOUNTING STATEMENT YEAR EliDED STH APRIL 2•21 PAGE Stt¢ment of FinaneiAI Aeiivities B4lDce Sht¢t r4ote5 to th¢ Aecounts Indeptnd¢nt Examill¢r'$ Report

THE TRIISTEES OF THE RETREAT STATEMEYt OF FINANCIAL ACTIVITIES FOR THE YEAR ETr4DED 5TH APRIL 2021 IIDreJtrirtcd Fujds Ertdowmtnt Funds Totll 2021 Tot•1 2020 Incoming Resources Rents ReceivBbt¢ &IS>16 .016 55.258 331 Bunk D¢pJ5il irtt¢r¢51 Dividends find Siock 16.026 16.026 29.928 TotAI Invtitmtht Ineome 16.167 60J16 76.183 15.S17 Resou￿¢￿ Exptnded Dlre¢t Charltxbl¢ Exptnditll Man￿)n¥ a8¢nts cornmissi¢ LiBhi Aro h¢fyi RepAif5 and R¢n¢w8ts IuLcludin8 HcALse co￿1 C D C CthlLnc 9.335 6.89B 13.542 1216 1.950 9.335 6.898 13.542 1216 1.950 9.166 9,089 50.652 1,214 1.715 1.328 Sundry ExpeDSCS 13.842 33.842 79.164 13.804 Administration expenses 12.189 Total Expenditu 1&189 4&0Ji 93,Ql8 IneomiNg R¢sourtts 978 2&174 152 f 7.SJJ) 174 174 3•.1SZ 3•.152 (7.511) Unrulis¢d ginsl{1055¢s) OA IxvtstmtDt •5s¢ts 4￿17] 4￿171 f 2f15, 141 N¢¢ movtjnent on funds 45SJIJ (212,652) brotsebt forArd 116th Aptil Zlb20 237AU I￿61j37 1273,989 tts carried for¥vrd 115ib Aprll 2021 137916 2J7 1516h60 1,001.3J7

THE TRI"STF.FS OF THE RFTRF.AT B.4I.ANC'E.SIIFET 4TII APRII. 2021. l.nreJtrlcted .ndov4mtni 1-01*1 20211 2021 T•B%lble AJi¢l$ Quoitd Invt51meNIJ J20.440 14J170 J2fj 44n 646 JOO 1.00fj,806 Assets 2.4071 J6.gJ8 Cash ai Bank 61299 54.SJl 1.196J20 J20.44• 1.061J37 Apr￿￿ed h the Bth¥d of Trustrt5 on ... and si If OLI TrU￿rt

Tll￿. TRI',STEES Ob I'HF. Rb.'fRb.Al' NOTES TO TIITr. AC-C'OIIN'r.s I'EAR ENDED.STTrI APRIL 2021 unti B￿ls of&c¢ounlinR Th¢s¢ aDcounts hive preportd in ￿t0rd￿te wirh fiNn¢ial R¢pxrIn8s￿th￿ low Eniilits and Ihe Chariiie5. 50RP. excw for tht followirJ$". No d2preciarion LS provided on frtthojd buildin85. Freehold and buildin C051 Al 6th April 2020 Improvements 320.440 At Sth April 2021 320.410 3 Quoted Invtttments 2011 2020 M**ei va]ue 6th April 2020 Addi1i01151Di5pos￿5 Nti unmiised iD¥esmKntBain411055e5} 686J66 4.313 425.171 871.918 19.589 f 205.141) M¥rket valut 5th April 2021 1.1 ISJ70 68&306 Hkstorit tost 5th April 2021 852.452 813.023

INDFPENniNT EXAMINF.R'S RF.POR'I""ro TIIL I"RIISI"I:kS I'lll: Rl:I'RF.AT ON 1'11f. ACCOIINTS SET OI'I. ON PAGF.'S Z T04 FOR TIIE YF.AR F.NDED STII APRII. IQZI Reswilvt re$wn￿blliI1tS of truslets Thd examlner As lh¢ charitls trus￿eS you Are resp)nsibl¢ forth¢ prepRFaiion ofihe accounts. you considerthat thE Audii requiremMI of5ecliOn 43 12}oftheChariiie5 Act 1993 Iihe ACt}d￿5 not apply It 15 my resp)nsibilityio statt. on th¢ b&51S glprocedutES specified In ih¢ fj¢ner￿ DI￿￿110￿$ Biven bytheCharityComm15s10n¢15 under 5#11Qrt4317iofthe ACL %thetherpbrtirulw have romeio myaitrniion BuiJofindtp¢nd¢ni Thinee5 report myeX￿1nalIOll wa5 carried out In accordance With the G¢n¢ipl DI1￿$1￿￿5 giytn ty ihe Chority CornmiSSlOn¢tS An eumin8lion iDcludesa revicw ofihc accounting rttords kept by tht thariiy ond a com￿￿$0￿ oftht a¢COunt5 pr¢5rntpd wih those records li also inclkndes considtr&Lion oT￿Y Itamsor disclosurcs in the i¢¢ount5. and seekin8 explallutions from you as tru5ieeSco￿crnt￿8 ny3uGb rnatt¢ts The pr￿edureS Undertak￿ do Doi wovide all Ihc evidciice th4t wnuld bc rcquircd an audiT. And rthsv4Utnilyl do noi expre55 an audit opinion ihc vicw given by the uccovnts llldeptTrdent Eximiner'j $tterneTrt Ip cort￿110￿ rny examination. na mATler rome io My*￿il0n IllwhKh 8ive$ rnc iwomablecause io belicyethbi In any rnawial reS￿rIthÈ requirerncni$ ' wkttpa¢¢ouniing records In aceoYdAn¢e with 5¢uityn 41 ofth¢ Aci and ' ￿Prep￿Tea￿O￿￿ts ¥wh1ch ateord the aceountin8 records End w complywllh the awouniing requitvments ofthe Aci have not been TrtL or 12lwwtticK in myopinion, atteniiort $hould be dr&￿Th irt ordertoen&bl¢aptoper und¢r5thndin8ofthe ¥countsw Lythed. T G￿rney￿rnIth C.T.A. C￿rt¢red TIA Advis¢r T GurDey Srnith & Co New Pound Wisborougb Green West Su55eA RH14 OAZ Pu.4Y J

THF. TRlp%TF.F..% llF TIIF. RF.TRF.AT .()xw(Mii) F in•nciAI.%llemtnl4 I'er F.nded 41 April 2D21 T Gtsrney Smitb & Co Chntrtd TIA.4th7 ew Pound Wisborougb Grten West Sussex RH140AZ

THE TRUSTEES OF THE RETREAT LOXWOOD, WEST SII&SEX. RF.GISTERED CHARITY YIIMBER 258850 ACCOUNTING STATEMENT YEAR EliDED STH APRIL 2•21 PAGE Stt¢ment of FinaneiAI Aeiivities B4lDce Sht¢t r4ote5 to th¢ Aecounts Indeptnd¢nt Examill¢r'$ Report

THE TRIISTEES OF THE RETREAT STATEMEYt OF FINANCIAL ACTIVITIES FOR THE YEAR ETr4DED 5TH APRIL 2021 IIDreJtrirtcd Fujds Ertdowmtnt Funds Totll 2021 Tot•1 2020 Incoming Resources Rents ReceivBbt¢ &IS>16 .016 55.258 331 Bunk D¢pJ5il irtt¢r¢51 Dividends find Siock 16.026 16.026 29.928 TotAI Invtitmtht Ineome 16.167 60J16 76.183 15.S17 Resou￿¢￿ Exptnded Dlre¢t Charltxbl¢ Exptnditll Man￿)n¥ a8¢nts cornmissi¢ LiBhi Aro h¢fyi RepAif5 and R¢n¢w8ts IuLcludin8 HcALse co￿1 C D C CthlLnc 9.335 6.89B 13.542 1216 1.950 9.335 6.898 13.542 1216 1.950 9.166 9,089 50.652 1,214 1.715 1.328 Sundry ExpeDSCS 13.842 33.842 79.164 13.804 Administration expenses 12.189 Total Expenditu 1&189 4&0Ji 93,Ql8 IneomiNg R¢sourtts 978 2&174 152 f 7.SJJ) 174 174 3•.1SZ 3•.152 (7.511) Unrulis¢d ginsl{1055¢s) OA IxvtstmtDt •5s¢ts 4￿17] 4￿171 f 2f15, 141 N¢¢ movtjnent on funds 45SJIJ (212,652) brotsebt forArd 116th Aptil Zlb20 237AU I￿61j37 1273,989 tts carried for¥vrd 115ib Aprll 2021 137916 2J7 1516h60 1,001.3J7

THE TRI"STF.FS OF THE RFTRF.AT B.4I.ANC'E.SIIFET 4TII APRII. 2021. l.nreJtrlcted .ndov4mtni 1-01*1 20211 2021 T•B%lble AJi¢l$ Quoitd Invt51meNIJ J20.440 14J170 J2fj 44n 646 JOO 1.00fj,806 Assets 2.4071 J6.gJ8 Cash ai Bank 61299 54.SJl 1.196J20 J20.44• 1.061J37 Apr￿￿ed h the Bth¥d of Trustrt5 on ... and si If OLI TrU￿rt

Tll￿. TRI',STEES Ob I'HF. Rb.'fRb.Al' NOTES TO TIITr. AC-C'OIIN'r.s I'EAR ENDED.STTrI APRIL 2021 unti B￿ls of&c¢ounlinR Th¢s¢ aDcounts hive preportd in ￿t0rd￿te wirh fiNn¢ial R¢pxrIn8s￿th￿ low Eniilits and Ihe Chariiie5. 50RP. excw for tht followirJ$". No d2preciarion LS provided on frtthojd buildin85. Freehold and buildin C051 Al 6th April 2020 Improvements 320.440 At Sth April 2021 320.410 3 Quoted Invtttments 2011 2020 M**ei va]ue 6th April 2020 Addi1i01151Di5pos￿5 Nti unmiised iD¥esmKntBain411055e5} 686J66 4.313 425.171 871.918 19.589 f 205.141) M¥rket valut 5th April 2021 1.1 ISJ70 68&306 Hkstorit tost 5th April 2021 852.452 813.023

INDFPENniNT EXAMINF.R'S RF.POR'I""ro TIIL I"RIISI"I:kS I'lll: Rl:I'RF.AT ON 1'11f. ACCOIINTS SET OI'I. ON PAGF.'S Z T04 FOR TIIE YF.AR F.NDED STII APRII. IQZI Reswilvt re$wn￿blliI1tS of truslets Thd examlner As lh¢ charitls trus￿eS you Are resp)nsibl¢ forth¢ prepRFaiion ofihe accounts. you considerthat thE Audii requiremMI of5ecliOn 43 12}oftheChariiie5 Act 1993 Iihe ACt}d￿5 not apply It 15 my resp)nsibilityio statt. on th¢ b&51S glprocedutES specified In ih¢ fj¢ner￿ DI￿￿110￿$ Biven bytheCharityComm15s10n¢15 under 5#11Qrt4317iofthe ACL %thetherpbrtirulw have romeio myaitrniion BuiJofindtp¢nd¢ni Thinee5 report myeX￿1nalIOll wa5 carried out In accordance With the G¢n¢ipl DI1￿$1￿￿5 giytn ty ihe Chority CornmiSSlOn¢tS An eumin8lion iDcludesa revicw ofihc accounting rttords kept by tht thariiy ond a com￿￿$0￿ oftht a¢COunt5 pr¢5rntpd wih those records li also inclkndes considtr&Lion oT￿Y Itamsor disclosurcs in the i¢¢ount5. and seekin8 explallutions from you as tru5ieeSco￿crnt￿8 ny3uGb rnatt¢ts The pr￿edureS Undertak￿ do Doi wovide all Ihc evidciice th4t wnuld bc rcquircd an audiT. And rthsv4Utnilyl do noi expre55 an audit opinion ihc vicw given by the uccovnts llldeptTrdent Eximiner'j $tterneTrt Ip cort￿110￿ rny examination. na mATler rome io My*￿il0n IllwhKh 8ive$ rnc iwomablecause io belicyethbi In any rnawial reS￿rIthÈ requirerncni$ ' wkttpa¢¢ouniing records In aceoYdAn¢e with 5¢uityn 41 ofth¢ Aci and ' ￿Prep￿Tea￿O￿￿ts ¥wh1ch ateord the aceountin8 records End w complywllh the awouniing requitvments ofthe Aci have not been TrtL or 12lwwtticK in myopinion, atteniiort $hould be dr&￿Th irt ordertoen&bl¢aptoper und¢r5thndin8ofthe ¥countsw Lythed. T G￿rney￿rnIth C.T.A. C￿rt¢red TIA Advis¢r T GurDey Srnith & Co New Pound Wisborougb Green West Su55eA RH14 OAZ Pu.4Y J