**The Aldershot Institute Registered Charity 301720 Station Road, Aldershot, Hampshire GU11 1BA** 

# **ACCOUNTS FOR THE YEAR TO** 

**28TH FEBRUARY 2026** 

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## **Income and Expenditure Account** 

for the Year ended 28 February 2026 

## **INCOME** 

||||**2026**||**2025**|
|---|---|---|---|---|---|
|Shop Rents||||||
|102 Victoria Road||13,000||12,625||
|104 Victoria Road||9,100||9,100||
|106 Victoria Road||10,000|32,100|10,000|31,725|
|Other Rents||||||
|The Vine||14,500|14,500|12,500|12500|
|Other Income|||1,846|||
|Bank Interest|||8,232||5,627|
|Reimbursements||||||
||Total Income||**56,678**||**49,852**|
|**EXPENSES**||||||
||||**2026**||**2025**|
|Building improvements||||||
|Building Insurance|||||150|
|Property Taxes||||||
|Professional Fees||||||
|Architects/Planning||||||
|Estate Agent||6,042||5.907||
|Legal/Consulting||||||
|Other Fees||9,535|15,577|4,598|10,907|
|Water||||||
|Gas||||||
|Electricity||||||
|Waste Disposal||||||
|Repairs & Maintenance|||16,442||4,343|
|Office Costs||||||
|Donations|||3,000|||
|Trustee Expenses||||||
||Total Expense||**35,019**||**19,998**|
|**NET INCOME**|||**21,659**||**29,854**|



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## **Balance Sheet** at 28 February 2025 

||At 28 Feb|At 28 Feb|
|---|---|---|
||2026|2025|
|CURRENT ASSETS|||
|Balance at Bank|||
|Interest Account|68,666|67,537|
|Current Account|49,533|32,810|
|CCLA Deposit Account|96,056|92,249|
|CCBank Deposit|35,010|35,010|
|CAF/Shawbrook Deposit|75,010|75,010|
||324,275|302,616|
|LESS CURRENT LIABILITIES|||
|Account Inspection|||
|NET CURRENT ASSETS|**324,275**|**302,616**|
|Represented by|||
|RESIDUE ACCOUNT|||
|Reserves brought forward|302,616|272,762|
|Excess Income (Expenditure)|21,659|29,854|
||**324,275**|**302,616**|




Gareth Palmer Treasurer/Trustee The Aldershot Institute March 2026 

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## **Notes to the Account for the year to 28 February 2026** 

## 1 Accounting Policies 

Basis of Preparation 

The financial statements have been prepared under the historical cost convention and in accordance with applicable accounting standards and the Statement of Recommended Practice “Accounting for Charities”. 

Income 

Income received is recognised on receipt of funds. 

Expenses 

Expenses are recognised on receipt of a bill or invoice for supplies/services. 

- 2 Controlling Party 

The ultimate controlling party of the Charity are the Trustees 

- 3 The Trustees during the period are:Lesley Bundy-Smyth – Chair, Keith Bean – Secretary, Gareth Palmer – Treasurer, Richard Hickman – Retiring Treasurer,  Sue Hathaway, Rachel Winkworth, 

- 4 The Charities Bankers are:- 

Barclays plc, Aldershot Branch   - Current and Deposit Accounts CCLA, London EC4   - COIF Charities Deposit Account CCBank, Leicester LE1 6TE – Deposit Account 

CAF/Shawbrook Bank, Essex CM13 3BE – Deposit Account 

- 4 The Balance Sheet has not been adjusted to include the following fixed assets, which are noted at the May 2024 estimated reinstatement cost prepared by Praise MathewJohnson: 

Building (Freehold) Rebuild £2,092,473 inc VAT Loss of Rent 24 months 

- 5 The Building Insurance was paid and recovered directly from clients by our Agent. 6 Movement on Reserves 

Reserves of £302,616 were bought forward at 1 March 2025 and a surplus of £21,659 was achieved in the year ending 28 February 2026.  Reserves of £324,275 are carried forward at 1 March 2026. 

7 The reserves are held in a Barclays Current Account and four savings accounts, recognising the £85,000 FSCS banking guarantee. 

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- 8 This financial year has seen a significant amount totalling £16,442 spent on building repairs due to a broken sewer. We hope to recoup some of this during the following year from our insurance claim. 


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