## **TEDDINGTON AND HAMPTON WICK VOLUNTARY CARE GROUP REGISTERD CHARITY NO 276809 REPORT OF THE TREASURER FOR THE YEAR ENDED 31 AUGUST 2025** The Accounts for 2024/25 are attached. Key issues to highlight for the year ended 31 August 2025 are as follows: ## **A. Receipts and Payments** Owing to an unexpected and very generous legacy of £20,000, there was a net profit for the year of £18,488.50 compared to the prior year deficit of £9,064.30 and the budgeted deficit of £5,170.76. The deficit was expected to be lower than last year owing to another legacy of £6,000, received before the budget was calculated. Comments on other items of income and expenditure are as follows: - Legacies aside, income was marginally higher than budget across most sources of income, especially from third parties and our clients. Thanks to the Hampton Wick United Charities and Rotary Club of Teddington for their kind support. - Expenditure was also marginally lower than budget, due to a lower than expected cost for the 50[th] birthday celebrations. Print costs were higher than anticipated owing to the decision made during the year to publish our ‘Life Stories’ booklet to promote the group and attract new volunteers. Thanks to Phil Wardman and team for all their work on this and the clients who shared their stories with us. - The budget for 2024/25 shows an overall loss of £10,577.39 and reflects the following assumptions: - The shopping buses will continue to operate in a similar way to this year - There will be no purchase of any major office equipment - There will be some fundraising income from events in 2025 - Interest rates on the savings accounts will stay at similar levels (and will offset the budgeted loss to a significant extent) - Income from clients and third parties will remain steady and no significant legacies will be received. - Some further printing of booklets/flyers will be undertaken (some has already taken place) - The RuT Council Petrol Expenses paid to us via Age UK will continue into 2026 at the level specified up to December 2025 - Other expenses will be in line with 2024/25 ## **B. Capital Reserve Accounts** - The interest received from the Nat West Liquidity Manager 95 Day account opened last year has made a significant contribution to our finances. A total of £3,169.10 interest was received from our two reserve accounts. The closing balance at Cater Allen was £14,378.45 and at the Nat West account £81,250.23 - At the end of the year the cash balance was £18,488.50, so with the above investments, our total assets amounted to £114,117.18. Hence the Charity still has very healthy reserves for the foreseeable future. Over the next few months we will be looking at ways to use the money for the benefit of our clients and the local community whilst maintaining sufficient reserves for our future. ## **Teddington & Hampton Wick Voluntary Care Group** ## **Registered Charity No. 276809** ## **Accounts for 2024/25 and Budgets for 2024/25 and 2025/26** |**Actual**
**2023/24**
£1,095.00
£3,753.60
£2,448.05
£2,645.50
£893.61
£320.00
£2,847.00
£1,251.01|**Receipts**
Donations from Third Parties incl volunteers
Legacies
Donations from clients
Petrol money from volunteers
RaKAT Bus Money
Fund Raising Events
Money from Outings and Parties
RuT Council Petrol Expenses
Gift aid|**Actual**
**2024/25**
£1,599.66
£26,000.00
£3,663.89
£2,087.81
£3,394.00
£880.96
£505.00
£2,937.00
£567.04|**Budget**
**2024/25**
£1,100.00
£6,000.00
£3,500.00
£2,400.00
£2,600.00
£850.00
£300.00
£2,847.00
£600.00|**Budget**
**2025/26**
£1,500.00
£3,500.00
£2,100.00
£3,400.00
£850.00
£300.00
£3,000.00
£550.00|Note 1
Note 2| |---|---|---|---|---|---| |**£15,253.77**|**Total Receipts**|**£41,635.36**|**£20,197.00**|**£15,200.00**|| |£10,608.28
£2,849.66
£1,100.00
£867.21
£641.95
£622.41
£4,375.40
£310.00
£1,626.78
£1,179.76
£136.62|**Payments**
Salary Costs incl HMRC
Volunteer Transport
Office Rental
Telephone
Insurance
Printing, Stationery and Postage
RaKAT Bus Charges
Bus Driver Training
Office Equipment
Outing and Party expenses
CRB checks
Other Expenses|£11,500.43
£2,395.13
£1,200.00
£919.33
£717.76
£1,044.82
£3,062.68
£498.00
£36.28
£1,835.51
£8.16
£233.18|£11,000.00
£3,000.00
£1,200.00
£950.00
£717.76
£600.00
£3,700.00
£500.00
£250.00
£3,000.00
£250.00
£200.00|£12,100.00
£2,500.00
£1,300.00
£1,000.00
£677.39
£3,000.00
£3,500.00
£500.00
£250.00
£500.00
£250.00
£200.00|| |**£24,318.07**|**Total Payments**|**£23,451.28**|**£25,367.76**|**£25,777.39**|| |**-£9,064.30**
£7,500.00
£1,868.72|**Net Profit/(Loss)**
Plus Transfer (to)/from Capital Reserve
OpeningCash Balance|**£18,184.08**
£0.00
£304.42|**-£5,170.76**
£5,000.00
£304.42|**-£10,577.39**
£18,488.50|| |**£304.42**|**Closing Cash Balance**|**£18,488.50**|**£133.66**|**£7,911.11**|| |£96,450.50
£3,509.08#
-£7,500.00#|**Capital Reserve Account**
Opening Balance
#Interest added
#Transfers from/(to)Cash account|£92,459.58
£3,169.10
£0.00|£92,459.58
£3,500.00
-£5,000.00|£95,628.68
£3,000.00
£0.00|| |**£92,459.58**|**Closing Balance**|**£95,628.68**|**£90,959.58**|**£98,628.68**|| |**£92,764.00**|**TOTAL ASSETS**|**£114,117.18**|**£91,093.24**|**£106,539.79**|| Notes 1. £6,000 legacy already received prior to preparation of 2024/2025 budget 2. Further Life Stories printing already undertaken **Analysis of donations:** _Donations from Third Parties:_ 0.00 0.00 _Donations from volunteers and clients:_ Petrol money Other Independent examinerfs report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Teddington & Hampton Wick Volurrtary Care Group On accounts for the year ended 31* August 2024 Charity no {rfany) 276809 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for the year ended Responsibilities and basis of report As the ¢harty's trustees, you are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 (Yhe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Direthons given by the Charity Commission under sedion 145(5)(b) of the Act. Independent examiner's statement appl￿￿. Delete I l rfnot 8pplicable. I have completed my examination. I confim that no material matters have come to my attention in connection wrth the examination (other than that disclosed below") which gives me cause to believe that in, any material respect.. the accounting records We￿ not kept in accordance with section 130 of the Charibes Act," or the accounts did not a¢cord WFth the accounting records,. or the accounts did not comply with the applicable requirements con￿MIng the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fairf view which is nol a matter considered as part of an independenl examination. I have no cOn￿mS and have come across no other matters in connection wrth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please elete the words in the braGkets if they do not apply. Slgned: 2/J J- Name: Ann Brown (FCCA) Relevant professional qualificationlsl or body ACCA IER Oct 2018 {if any): Address.. 180 Railway Road Teddington TW118RZ Section B Disclosure Only complete if the examiner needs to highlight material matters of concem (see CC32, Independent examinats'on of Ghanty aGcounts.' directions and guidance for examiners). Glve here brief detsils of any Items that the examiner wishes to disclose. IER Oct 2018