Hurst Consolidated Charity Annual Report 2022 -2023 Registration Number 1177503 The Charity operates under the Charity Commission Scheme dated: 12[th] May 2018 The Charity is a Charitable Incorporated Organisation Trustees 2022 – 2023 Chairman Mr. E J Edwards Vice Chairman Mr. R J Fort Treasurer/Trustee Mr. J H Penney Mr. G Harper – rep Winnersh Parish Council Mr. W Osborne – co-opted Mr. W Smith – rep Hurst Parish Council Mrs P Wickenden – co-opted 1 ## Introduction The Charity’s main purpose is the provision and maintenance of fifteen single and five double units of Almshouse accommodation situated across Hurst (three sites) and Twyford (one site) in the county of Berkshire. ## Residents The Charity currently houses twenty-one residents aged between 27 and 89 years. A long-term resident of 23 years moved to a care home since she was no longer able to live independently. The Charity provided housing for two new residents. Richard Harrison Almshouses, London Road, Twyford, built 1660 The communal tv ariel developed a fault causing the loss of tv stations for the residents. A local company was contacted, quickly identifying the fault and repairing to leave the system in operation. The oak paneling in the covered way was treated with linseed oil and the walls limewashed. William Barker Almshouses, Church Hill, Hurst, built 1664 and 1980 The buttresses have been repointed with lime mortar and bricks replaced as necessary. Lodge Close Almshouses, Hinton Road, Hurst, built 1960 The main sewer pipe was renewed following several blockages resulting from the existing pipe collapsing. The large oak tree in the grounds showed signs of distress during the extreme heat in the summer months, this was attended to by a local tree surgeon. Following a resident moving to a care home the property underwent complete redecoration with a new kitchen and the bathroom converted into a wet room. Richard Bigg Almshouses, Hinton Road, Hurst, built 2019 The Charity received the Excellence and Inspiration Award from the Almshouse Association in recognition of an outstanding almshouse project. 2 ## Administration The Charity’s quarterly meetings which were suspended due to the pandemic, resumed in July 2022. The weekly maintenance charge was not increased in order to help residents with the ongoing increase in the cost of living. To celebrate the Queens Platinum Jubilee the almshouses were decorated with bunting. Twenty Year 6 school leavers from St Nicholas School, Hurst were presented with bibles as indicated in the will of the late Dame Dorothy Harrison 1664. All gas boilers were serviced by British Gas and Landlords Safety Certificates issued. The solar panels at Lodge Close generated a total of 11MWhrs for the year, an all-time record. ## Trustees Mr. Edwards was proposed and elected to serve as Chairman for the coming year 2022-2023 Summary The Charity continues to provide high quality, affordable housing for local people. The buildings benefit from regular upgrading and improvement works, along with the day-to-day internal and external maintenance carried out as required. Grounds are regularly mowed and tended by the Charity’s gardener, with residents being encouraged to care for the own flowerbeds. 3 Clerk to the Trustees Mrs. L M Gladdish Bridleway Farm Islandstone Lane, Hurst Reading, Berkshire RG10 0RJ Bankers Unity Trust Bank plc PO Box 7193 Planetary Road Willenhall WV1 9DG Solicitors Field, Seymour, Parkes The Old Coroners Court 1 London Road Reading, Berkshire RG1 4QW Auditor Elsbury’s Ltd Suite 2 1 Kings Ride Crowthorne, Berkshire RG45 7BF Architects TP Architects 33a St Lukes Road Maidenhead, Berkshire SL6 7DN ******* 4 REGISTERED COMPANY NUMBER: 01785651 (England and Wales) OXFORD COMMUNITY WORK AGENCY LIMITED REPORT OF THE DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Me￿r Lwn Ltd Chartwed Accountsnts and Registered Audit &7 Crttbase New Barday House 234 Bouey Road Oxford OX2 OHP OXFORD COMMUNITY WORK AGENCY LIMITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 Contents Rewt of the Directors Statement of Directors, reswnsibilth"e5 Independent ExJnine¢s Stslement of Fina￿la1 Activities Balanee Sheet Notes lo the Finanual Statements Detsiled Ststement of Financial Athwiies Registered Charity No. 1049343 Company No. 01785651 Princi 31 address and istered office". Bart￿ NeighLK)urhood Centre Underhill Circus Oxford OX3 9LS Manager.. Sarah Darby Inde ndenl Examiner Andrew Churchill Stone FCA DCI Mercer Lewn Ltd Chartered Aecounlants 6-7 Cth'base, New Barday House 234 Bodey Road Oxford, OX2 OHP Bankers Unty Trust Bank 9 Brindley Place Oozells Square Birmingham B12HB Page 1. OXFORD COMMUNITY WORK AGENCY LIMITED REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2023 The directors submit their reFQrt t¢yJether Vlith the accourts for the ￿ar er¥Jed 31 2023. financial stslements ￿MplY the chanb.es Ad 2011. the Ccvnpanies Act 20C6, the Memorandum and Articfes of AsscÉialion, arKI Accounbng and Rekth"NJ by Charib"es.' Statement of Recommended Prartice applicable lo charrtj.es preparing their ￿1$ in &CIJrdar￿e with ts FRS102. Prln¢lpal actlvitie5 The prinupal activity of the eomFery during the yearwas to prnM"dè athce on vRffare rights, employrnent rights and communty work. Organisation The company is a registered chanty, No. 01785651 is a company limrted by guarantee. The company is governed by the terms of Its memofandum and arb.des of a$s￿lati¢￿. The tx)ard of directors meets on a regular basis to fix matters of policy and strategy.The day to day ManageM￿t of t￿ comparws activtb.es . delegated to a manager and othw ftjll b.me staff. Activitlo$ A detailed ￿￿eW of the companls actiwiies, incJudiThJ details of Ih)se organisati￿$ wth ￿lch it has collaborated in delwery of rts services, Can be fcKJnd in Ihe annual repjrt. DlrKtors The directors who sefved during the year v*re as follo￿..- S Holden T Munby N L T Williams Following the end of the 2022-23 financol year. Debbie Neil was appointed as a director on 26 July 2023. The directors a￿ apwjinted by the memters of the company. Flnanclal review The main part of the company5 activity is co￿eMed the giving of athce and support. and these savices are provided by paid staff. The main sources of fundirrfJ are grants from local authorities. Following a surplus of £24,020 achieved in 2021-22. ts compary recorded a further surplus of £51,298 in 2022-23. This was achieved mainly through the companys fvndraisiThJ efforts, which resull&J in the r￿elpt of several &gniffcant grants, notsbly £65,119 frcrfn the Hcwsehdd Suppjt FurKI and £25,000 from AdviceUK. The company also continu￿$ lo exercise tight c(Krtrd o¥w all a￿5 of expenditure. Page 2. OXFORD COMMUNITY WORK AGENCY LIMITED REPORT OF THE OIRECTORS FOR THE YEAR ENDED 31 MARCH 2023 {CONTINUEDI ReseThes policy The compallys policy is lo hold six m¢Jrths of expendibjre in reserve to ensure continurty of service in tsmes of funding uncertainty. Six months. expenditu￿ repre￿IS apwoxirnately £135,OC(I. Fortunately, due to the surpfuses athieved in the last ￿r$, the companls reseNes rthl exceed this figure, having reached £151,732. The directors are delem1￿ lo maintsin Complian￿ ￿Tt￿ this reserves pdicy in fuiure years in spite of conb"nuing presyjre I￿1 authorty txjdgets. Risks The board have reviewed the risks to vknith the tharrty is exwsea and pcliaes have been put in place to minimise those rTsk5. STATEMENT OF DIRECTORS. RESPONSIBILMES Company law requires the directtxs to prepare acC￿ntS for each financial year which give a true and fair view of the stsle of the affairs of the company and of the suwus or deficit of the company for that period. In prepanng those accounts the directors are required to". - select suitable accounting Foli(xes and them consi8tenUy, - make judgements and ests"mates that are reasonable and ￿￿ent.. - prepare the accounts on the going eoncem basis unless il is inappropnate to ￿SUMe that the comp8ny will continue in business. The direclors a￿ responsible keepir¥J proper acrxyJnb"ng r￿dS which disdose wth reasonable accuracy at any ts'me the financial position of the Company and to enable them to ensure that the accounts c(xnply wlh the Companies Act 20L%. They are also responsible for safeguarding the asset5 of the company and hence for tsking reasonable steps for the p￿VentiC￿ and detection of fraud arKI other irregulanb"es. directors. report has prepared in accordance the speual prowsions of Part 15 of the Companies Act 2006 rdats'ng to small companies. By order of tr* Board 10 October 2023 N L T Williams Director Page 3. INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF OXFORD COMMUNITY WORK AGENCY LIMITED I repK)rt on the accounts of charty for the yEar ended 31 March 2023 whi¢* are set wt ￿ pages 4 to 9 appendèj lo this rep)rt. Respectlve responsibilitles of Dlrectors and Examiner The directors are resrx)nsible f¢x the pre￿rats"on of the aC￿Trts.. they consider thal the audrt requirement of the Charibes Act 2011 lthe Act) d(*5 not appty. 11 is my resp)nsibilty. wthout perf(xming an audrt, lo carry Out an examination of the accounts. to foll(yw the prrKedures lad dolm in the general Direth"ons given by the Charity Commission and to state vthether any patb'cular matters have come to my attenticn. Basis of Examinerfs statement My report is in resFect of an examinati￿ carried Lmder s145 of the Act and in accordance with directions given by the Charty Commissiorers under subseth.on Slbl of that secb"on. An examination indLKles a review of the aC￿untIng kept by the directors aThJ a ctynpanson of the accounts presented with those records which is primarity limited to analyb.￿l procedures and lo the making of suth enquiries of the directors as was necessary for the purposes of this reporL The prccedures undertaken th not consttiute an audit. Examlnefs statement Based on my examination. no matter has come to my attenti￿ vthich gives me reasonable cause to believe that in any material resFert. a(ts)unth"ng records have ncl been kept on aMYdan￿ $130 of the Act, or that the accounts presented do not accord thc6e records or com￿y￿1th the accountirE requirements of the Act. No matter has come to my attenkn.on to which, in my oynion, attentIC￿ should be drawn in order to enable a pr(per understanding of the accounts lo ￿ re&hed. A Churchill Stone FCA DChA Mercer Lewin ￿Mited Chartered Accountarrts 41 Cornmarket Stre Oxford OX1 3HA 10 October 2023 Page 4. OXFORD COMMUNITY WORK AGENCY LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 INCLUDING INCOME AND EXPENDITURE ACCOUNT Total Funds 2023 Total Funds 2022 Unrestricted Funds Restricted Note General Dgslgnated Funds Income- Fundraislngldonatlr￿S Income from Charitable ￿ti￿tieS.. Grants receivable TrainirrfJ and similar inc¢xne Banklinvestment interest la 288,917 13,681 481 16.637 305,554 13,681 183.111 69,311 28 Total incornlng resources 303.079 16,637 319,716 252,449 Expendlture Exp*ndilure on Charilable Ath"es Governance costs 242.694 9,087 16.637 259.331 9.087 219,597 8.832 1b Total resources expended 251,781 16.637 268.418 228.429 Net movement in funds bgfore transfers 51,298 51.298 24.020 Transfers between funds 3.714 (3,714) Net incomellexpenditure) for the year 55.011 (3.714) 51,298 24,020 Totsl funds brought forward 94,488 5,947 1￿).434 76.414 Totsl funds carried forward 149.499 2.233 151,732 100,434 Page 5. OXFORD COMMUNITY WORK AGENCY LIMITED BALANCE SHEET AS AT 31 MARCH 2023 2023 2022 N¢)te Fixed assets Tangible assets 2,233 5,947 Current assets Debtors Cash al bank and in hand 729 156,206 2,623 107,122 156,935 109,745 Creditor5 - amounts falllng due within one year 7.435 15,257 Net current assets 149,499 151.732 94,488 100,434 Total assets les$ current liabilities Represented by.. Unrestrtded funds General Designated 149,499 2.233 94,488 5.947 Restrlcted funds 151.732 100,434 151.732 100.434 The directors a￿ satisfied that the C￿MpanY is entsued to exemptson from the provisons of the Companies Act 2006 (the Acll relating to the audit of the finantial statements for the penod by Mrtue of seLtion 477, and that no member or members have requested an audit pursuant lo wth.on 476 of the ACL The d1￿CtorS acknovAedge th￿r respOn￿llbty for. {1) ensuring that the company keeps woper accounb.ng records whith with secb'on 386 of the Act, and {ii) preparing financial StateM￿ts gNe a tnR arKI fair ￿eW of Ihe state of affairs of the cunpany as al the end of the financial period of its profit or loss for the finanaal periol in accordance with IIE requirements of section 393, and ￿lch otherwse comFtywith the r&wirements ofthe kt relating lo financial stslemenls, so far as ap￿ICable to the company. The accounts have been prepared in accorda[￿ the special kwvislc￿S of Part 15 of the Companies Act 2006 relakn'ng to small companies. These financial statements were approv&J ty the Bcard on 10 O¢tot¢r 2023. N L T Williams Director Page 6. OXFORD COMMUNITY WORK AGENCY LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 1. Princlpal aecounting poll¢lgS The financial statements have been prepared in actx)rdance wth AccountiThJ and Reporting by Charib'es.. statement of Recommended Pracb"ce applicabfe to chanties weparing their accounts in accordance wf(h the Financial Re￿￿n9 Standard applicable in the UK aThJ Republ￿ of Ireland {FRS 1021 leffeclive 1 January 20151- ICharith"e5 SORP IFRS 1021}, the Finanual Rewxbr*J Standard ap￿￿ble in the UK and Republic of Ireland IFRS 102) and the Cunpanies Act 20C6. Oxford Community Work Agency meets the defirution of a publK ￿nefit enty under FRS 102. Assets and liabilrties are initially recognised at historical cost or trans8th.on value unless otherwse staled in the relevant accounting KM)licy note. Grants Grants receivable represent amounts received duriry the year as adiusted for any elemen15 th81 were given to ftjnd expenditure in future wcKts, whith are induded in kne bdance sheet as deferred income. Allocation of ex nditure in Statement of Financial Activth"es Administrators, salaries and accountancy and a￿y1t costs are dassffi&J as management and adminislrab'on costs. Al other costs, which principally relate to welfare rights V•YJrkers' ￿aries, premises costs and office overheads, are classified as direct charitable eX￿n￿rture. De feciation Depreciation 15 wovided ￿ a straitht line basis al rates estsmat&J to redu￿ the ￿$t of ffixed assets to th￿r residual values over their arth"apated usefvl Iwes. The fc41owng annual rates are used". offi￿ equipment Ctjnputer equipment 25 1)0% 33.33% Fixed asset investments Fixed asset investments are stated at market value. Pensi contn"butions The company operates a defined contn"bution pension scheme fcy employees. Contributions to the scheme are chatged to the Income ExFendittJre account as they fall due. 2. Income and expendlture Income and expenditure is Shcth￿ in detsil in Ihe Detailed &alement of Finarrial Activrties sel out on page 9. 3. Net movemont In funds 2023 2022 The nel movement in funds is sL*ed after Charging". Independent Examinerf5 remunefati 1,200 1.200 Director5. omoluments directors received no emduments or ￿mbUrSeMents of expenses from the company duriThJ the year. Page 7. OXFORD COMMUNITY WORK AGENCY LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 ICONTINUEDI 5. Employees. emolumants 2023 2022 Salaries Employers. N*ional Insurance Pen&on ￿ntribu￿.0ns 125.215 5,919 10.292 123.874 5.005 12.507 141.426 141.386 The average number of employees during the year was.. No employee eamed more than £60.000 in ￿ year. 6. Tangible fLxed assets Office Cofflwrter equipment equipment Totsl Cost At 1 April 2022 Additions Disposals 7.177 52,249 59,426 At 31 March 2023 7.177 52,249 59.426 Depreciation At 1 April 2022 Charge for the year Disposals 7,17T 46.302 3.714 53,479 3,714 At 31 March 2023 7,1TT 50,016 57,193 Net Book Value At 31 Marth 2023 2,233 2,233 At 31 March 2022 5.947 5,947 l of the assets above are used in dir&t fvr1heran￿ of the chariws objects. 2023 2022 7. Debtors Prepayments and accrued income Other debtors 729 2,623 729 2,623 2023 2022 8. Creditors- amounts falling due *7th1n one year Trade creditors Other credrtors Taxation and social secunty Accruals 2,833 8,271 241 4.237 2.508 15.257 3.403 1.200 7,435 Page 8. OXFORD COMMUNITY WORK AGENCY LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2023 (CONTINUED) 9. Status of company The company is a registered tharrty and is limited by guarantee vthout a share capital. The maximum liabilty of exh member for payinent of debts of the ccffipany is £1. At 31 March 2023 there We￿ 3 members. 10. Restricted funds Durirg the year, the company received restricted fiJnds recwved and spent during the year were £16,637. made up of grants from Thames Water. 11. Designated funds - fixed assets Transfers Ilo}lfrom general fund Expenditure in year (3.714) Net movement in funds {3.7141 Balance broughl fowdrd 5,947 Balance carried forward 2.233 The fixed assets fuTrJ was set up to eliminate from general funds those amounts represented by fixed assets. Transfers are made to or from this fund lo reflect the annual MoveM￿t in the value of fixed assets. 12. Spllt of assets between funds General De￿gnated fund fvnds Total Tangible fixed asset5 Net current assets 2.233 2,233 149,499 151,732 149.499 149.499 2,233 Page 9. OXFORD COMMUNITY WORK AGENCY LIMITED DETALED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023 Unmtri¢t•d Funds Genernl Designated Restricted Funds Total 2023 Total 2022 INCOME Oxford Cty Counal grant Donations ￿￿thert0ns Age UK Big Lottery Thames Water Household Support Fund AdwceUK Oxfordshire Communty Foundation Access to Justs"ce Foundats'on IPS Penlreath Headway Sovèreign Vale Greensquare HA Bank interest receivable Training and similar incon 116.784 4.273 1.140 18.000 116.784 4.273 1.140 18.000 116,480 2,980 1.290 18,000 3.827 14,800 20,000 16.637 18,637 65.119 25.000 14.478 14.672 9.181 15.772 4,500 65.119 25.LNJO 14.476 14,672 9.181 15.772 20,234 4.000 1,500 28 49.311 481 13,681 13,681 303.079 16.637 319.716 252,449 EXPENDITURE Cost of Charitable Activibes Salaries and wages Disbursements Travel and subsistence Repairs, renewals. comwbn9 and irtsmet Phot