CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01101124 Period start date To 3111212024 Perfod end date Charity name: Lullington. Netherseal & Overseal Almshouse Charity Charity reglstration number: 1076597 Objectives and Activities Summary of the purposes of the charity as set out in its ovemin document Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.17 To provide & maintain Almshouse accommodation for elderly people in the local commun Provision of well maintained accommodation for elderly residents from the local communty. A grant was received from the local council this year to upgrade the storage heaters in the properties The trustees hav8 had regard to the guidance issued Para 1.17 and 1.19 Porn 1.18 Addltional information (optional) You ma choose to include fvrther statements where relevant about". SORP reference Policy on grant making Para 1.38 Policy on Social investment including program related investment Para 1.38 Contribution made by volunteers Para 1.38 Other
Achievements and Perforniance SORP referen All 6 properties have been fully occupied during the year, providing comfortable accommodation for 7 residents. The old inefficient storage heaters have been replaced with modem. more energy efficient heaters. Any issues with propety maintenance have been dealt wÉth promptly to ensure the continued comfort and security of the residents Summary of the main achievements of the charty. identifying the differen the Charits work has made to the cIrcumstanS of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Addltional infom?ation (optlonal) You ma choose to include further statements where relevant about: Achievements against objectives set Para 1.41 Performance of fundraising activities against objectives set Parn 1.41 Investment performance against objectives Pora 1.41 Other
Financial Review Review of the charity's financial position at the end of the nod Statement explaining the policy for holding resenrfes statin are held Amount of reserves held Reasons for holding zero reserve5 Details of fund materially in deficit Explanation of any unrtaint18S about the charity continuing as a going concem Para 1.21 Cash at bank and in hand at 3111212024 was £49874 plus deposit account balance of Reserves are held in COIF investments to cover any ongoing needs and major repairs to the rtie8 £318,606 NIA Para 1.22 Par8 1.22 Para 122 Parn 1.24 None Para 1.23 None Additlonal Inforniation (optlonal) You ma choose to include fvrther statements where relevant about: The charity's principal sources of funds (including any fundrai8ing) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 other
Structure, Governance and Management Description of charity's trusts: Type of governing document (':rust derd. r. -[ charter) How is the charity constituted? le.g uninco,'porated association CIO) Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees P8ra 1.25 Charity Commission CD (LIVL) 225 702 A2 Charitable Trust Para 125 Para 125 Nominations from the 3 villages Parish & Church Councils and co-option by the trustees from the local community Addltlonal Inforniatlon (optlonal) You ma choose to include further statements where relevant about". Policies and prOdureS adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Pora 1.51 Other Reference and Admlnistrative detalls Charit name Other name the cha uses istered charit number Charity's principal address Lulli on. Netherseal & Overseal Almshouse Chari 1076597 2 Hall Fann C¢)ttage Main Street Netherseal Derbyshire DE12 8BZ
Names of tho charlty trustses who manage the charity Trustee name Office (rf anyl Ihtes acted if notforwhole ear Chair Secretary Treasurer Name of person (or body) entttled int trustee ifan Rev D. Amold Averil Wing Sue Smith Julianne Reynolds Rita Cooper Jill Edwards Carole Knight 10 12 13 14 15 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re Dlrector namo rtwasa roved Name of trustees holding title to property belonging to the charity Trusteo name Dates actod if not for whole
Funds held as custodian trustees on behalf of others Description of the assets held in this capaoty Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the charity's own assets Additlonal Inforniation (optlonal) Nam88 and address88 of advisers (Optional infomiatlon) Type of Name Address advlser Nama of chlef oxecutive or names of senior staff membern (Optional infomiatlon) Exemptions from disclosure Reason for non4isclosure of ke ersonnel details Other o tional inforniation
Declarations The trustees declare that they have approved the trustees, report above. Slgned on behalf of the charity's trustees Slgnaturels) Full name(s) Posltlon (eg Secrotary, Chair. etc) Sav£L s6cTAl ICL Date
LULLINGTON NEfHERSEAL & OVERSEAL ALMSHOUSE CHARITY 1076597 ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
LULUNGTON NEfHERSEAL & OVERSEAL ALMSHOUSE CHARITY Accoumfs FOR THE YEAR ENDED 31 DECEMBER2024 2024 2023 Total Reoipts 37418 15972 Less Total Payments 35601 19 96 Net Income for the year Change in market value of investments Net increase/{decrease) in assets durin8 the year 1817 (3124) 27501 9897 24377 Assets at 31 December 2023 363527 339150 Assets at 31 December 2024 O Ab2 Accounts approved by the trustees on................................................................................ Rev Derek Arnold {Chairman) Averil Wln8 (Secretary}
LULUNGTON NETHERSEAL & OVERSEAL ALMSHOUSE CHARITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 RECEIPTS Wayleave 12 12 Rents . Mrshaw 3600 SDDC Grant (storage heaters) Almshou* rna1ntenan fees 21293 29585 8287 Investment Income Charlties Offlclal Investment Fund Dividends 7592 7487 COIF Deposit account Interest 241 198 7833 7685 Total Receipts
LULLINGTON NEfHERSEAL & OVERSEAL ALMSHOUSE CHARITY ACCOUNT5 FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 EXPENDMIRE Dirett Charltable Ex enditure Property Expenditure Water 571 545 Insurance 1820 1760 Septlc Tank 430 205 Sewer pump electricty Mowing & Maintenance 35 30 732 732 Property Repalrs 31111 15102 34699 18374 Other Ex enses Bank Charges 67 69 TV Licence 15 Miscellaneous Aid Call 477 450 559 526 Subscri tions National Association of Almshouses 343 196 Total ments for the ear 35601 19096
LUWNGTON NEThERESAL & OVERSEALALMSHOUSE CHARITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 STATEMENTOF ASSETS Notes 2024 2023 Monetary Assets Cash in Hand 30 35 Bank Balances Treasurerfs Account 49844 48353 Charltles Officlal Investment Deposit Account 4944 4703 54818 53091 Investments Charities Official Investment Fund: Permanent Endowment 278898 272737 Accumulation Unlts 39708 37699 Total Assets
LUWNGTON NETHERSEAL & OVERSEALALMSHOUSE CHARITY ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES I Charities Official Investment Fund Units Value Market value at 31 December 2023 13743.36 272737 Change in market value of investrnents 6161 Market Value at 31 December 2024 2 Charitie5 Official Investment Fund Accumulation Units Untts Value Market value at 31 Dernber 2023 152.36 37699 Investments .35 90 37789 Change in market value of Investments 1919 Market Value at 31 December2024 39708
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Roport to the trusteasl members of On accounts for the year ended Charlty no (if any) l ol L69) Set out on pages I report to the trustees on my examination of the accounts of th8 above charity (Yhe Trusf) for the year ended I I i 21)X Responsiblllties and As the chaiity trustees of the Trust. you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 nhe Acf). I report in respact of my examination of the Trust's accounts carried out under section 145 of tho 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145{5)(b) of the Ad. I have completed my examination. I confirm that no material matters have come to my attention ( ) in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records I have no ConMS and have come across no other matters in connectlon with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. . Plaase delete the words in the brackets rfthey do not apply. Indep•nd•nt examiner's statement Slgned: Dato: Name: Relevant professlonal qualification(s) or body (If any): Address: k&irJUA- I IfJiJ ( c_£fi Iri NLrs CF-fi p¥bl ( LGfr, F-Er 4 IER October 2018
Section B Disclosure Only complete ff the examiner ndS to highlight Tnatters of concem (see CC32, Independent examination of charity accounts: directions and guidanc8 for examiners). Give here brlef detalls of any Items that the axamlner wlshes to dlsclose. io ow£ IER October 2018