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.%l*lemtnl4
I'e*r F.nded 41* April 2D21
T Gtsrney Smitb & Co
Ch*ntrtd 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
St*t¢ment of FinaneiAI Aeiivities
B4l*Dce 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 g*insl{1055¢s) OA
IxvtstmtDt •5s¢ts
4￿17]
4￿171
f 2f15, 141
N¢¢ movtjnent on funds
45SJIJ
(212,652)
brotsebt for*Ard
116th Aptil Zlb20
237AU
I￿61j37
1273,989
tts carried for¥v*rd
115ib Aprll 2021
1379*16
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 $t*terneTrt
Ip cort￿110￿ rny examination. na mATler rome io My*￿il0n
IllwhKh 8ive$ 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.%l*lemtnl4
I'e*r F.nded 41* April 2D21
T Gtsrney Smitb & Co
Ch*ntrtd 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
St*t¢ment of FinaneiAI Aeiivities
B4l*Dce 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 g*insl{1055¢s) OA
IxvtstmtDt •5s¢ts
4￿17]
4￿171
f 2f15, 141
N¢¢ movtjnent on funds
45SJIJ
(212,652)
brotsebt for*Ard
116th Aptil Zlb20
237AU
I￿61j37
1273,989
tts carried for¥v*rd
115ib Aprll 2021
1379*16
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 $t*terneTrt
Ip cort￿110￿ rny examination. na mATler rome io My*￿il0n
IllwhKh 8ive$ 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