THE ACCOUNTS AND ANNUAL REPORT
FOR WILLINGHAM COMBINED CHARITY FOR THE YEAR ENDING 31 DECEMBER 2022
Charity Registration Number: 1093138
1
Willingham Combined Charity
Willingham Combined Charity provides housing for those in need with accommodation in the Josiah Smith Memorial Homes and a bungalow in Haden Way. There are also two sites which provide allotments, both as a service to the village and to support our charitable aims.
Willingham Combined Charity is registered with the Charity Commission, number 1093138. It is governed by a scheme made on 9th June 2000.
The objects of the charity are:
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The provision of housing accommodation for persons (of whom 2 must be women) who are in need, hardship, or distress and have resided in the area of benefit (the Parish of Willingham in the County of Cambridgeshire) for not less than 2 years prior to their appointment
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The provision of housing accommodation for women over the age of 60 who are in need, hardship and distress who were born in the area of benefit
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Such charitable purposes for the benefit of the residents as the trustees decide.
There are twelve trustees: one ex-officio trustee, 2 nominated trustees and 9 co-opted trustees.
The ex-officio trustee is the Rector of the ecclesiastical parish of St Mary and All Saints, Willingham.
The nominated trustees are appointed by Willingham Parish Council.
Co-opted trustees are appointed by the trustees themselves.
The trustees must meet at least twice each year.
The Annual Report and Accounts are published on the Charity Commission website which also maintains a full list of Trustees.
The Charity is a member of The Almshouse Association.
2
Trustees
Mrs P Amos
Mr G Atherton – Chair Mrs S Ayling – Vice-chair Mrs L Bald (appointed April 2022) Ms L Cosford Rev S Gill – Ex-officio trustee Mr N Harris – Nominated trustee Mr S James Mr D Law – Nominated trustee Mrs S Shimmens Mr A Thompson Mrs J Wake
3
Willingham Combined Charity
Annual Report 2022
Willingham Combined Charity are responsible for 6 one-bedroomed bungalows and 1 two-bedroom bungalow in Willingham. These bungalows are let to residents who meet the charity’s in need criteria.
In 2022 there were no changes in residents in the bungalows. Regular maintenance work has been carried out on the bungalows including redecorating rooms in two of the bungalows and replacing a kitchen floor. All required gas and electrical checks were carried out successfully.
The charity also owns land let out as allotment plots in two locations in the village. There have been a number of changes of allotment holders due to people giving up their plots. Most have now been relet. A third plot of land is let to a farmer. This land has had a new hedge planted along one of its boundaries consisting of native hedging plants and trees. The plants were provided by the charity and the farmer provided the labour.
At the AGM held in April 2022 a new chair of the charity was appointed, Graham Atherton, and a new trustee, Lorraine Bald, appointed to give a full compliment of trustees. A new Clerk/ Treasurer, Lynn McGoff, was also appointed following the resignation of the previous Clerk/ Treasurer due to a change in work circumstances.
The charity continues to work with its residents to ensure that their properties and surrounds are maintained to a comfortable and acceptable standard.
Graham Atherton
Chair
Willingham Combined Charity
4
Willingham Combined Charity
Financial Report Year ended 31 December 2022
| Receipts | 2022 | 2021 |
|---|---|---|
| Josiah Smith Maintenance payments | £27,130.00 | £28,450.00 |
| Haden Way Maintenance payments | £6,240.00 | £6,240.00 |
| Allotment rent | £1,475.00 | £865.00 |
| Allotment deposit | £170.00 | £270.00 |
| Field rent | £420.00 | £420.00 |
| Wayleave payment | £109.50 | £109.21 |
| M&G investments | £414.72 | £570.24 |
| Black Rock Investments | £192.28 | £192.28 |
| Deposit a/c interest | £0.00 | £0.00 |
| Unpresented cheque | £93.45 | £0.00 |
| Compensaton from Lloyds Bank | £60.00 | £0.00 |
| Donaton | £0.00 | £20.00 |
| Unknown* | £573.32 | |
| Totals | £36,304.95 | £37,710.05 |
- See note 2 on page 10
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Willingham Combined Charity
Financial Report Year ended 31 December 2022
| Payments | 2022 | 2021 |
|---|---|---|
| House maintenance – Josiah Smith | ||
| Bungalows | £6,927.15 | £772.80 |
| House maintenance – Hayden Way | £239.98 | £2,508.00 |
| Legionella & gas checks | £1,896.00 | £1,428.00 |
| Electricity | £228.74 | £183.38 |
| Rent refund JSB | £0.00 | £390.00 |
| Allotment deposit refund | £30.00 | £30.00 |
| Water (allotments) | £297.32 | £344.06 |
| Atlas trees | £0.00 | £96.00 |
| Grass cutng | £896.50 | £422.50 |
| Allotment Ground work | £0.00 | £575.00 |
| Skip hire | £0.00 | £100.00 |
| Field maintenance | £709.50 | £0.00 |
| Buildings Insurance | £881.55 | £827.18 |
| Public liability insurance | £332.64 | £332.64 |
| Land liability insurance | £553.59 | £554.19 |
| Accountancy fees | £480.00 | £441.00 |
| Almshouse Associaton | £187.00 | £182.00 |
| Room hire | £40.00 | £40.00 |
| Gifs | £125.45 | £161.68 |
| Clerk fees/ expenses | £1,793.50 | £1,280.00 |
| Postage & statonary | £38.54 | £205.39 |
| Website costs | £0.00 | £15.00 |
| Transfer to Lloyds deposit a/c | £100.00 | £100.00 |
| Unpaid cheques | £0.00 | £75.00 |
| Totals | £15,757.46 | £11,063.82 |
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Willingham Combined Charity
Financial Report Year ended 31 December 2022
Cash Balances
| Lloyds Bank Current a/c | ||
|---|---|---|
| Balance 01/01/2022 | £100,232.01 | |
| Receipts | £36,304.95 | |
| Payments | £15,757.46 | |
| Balance at 31/12/2022 | £120,768.04 | |
| Lloyds Bank Deposit a/c | ||
| Balance 01/01/2022 | £12,680.45 | |
| Interest received | £6.53 | |
| Transfer from current a/c | £100.00 | |
| Balance at 31/12/2022 | £12,786.98 | |
| Cambridge Building Society a/c | ||
| Balance 01/01/2022 | £89,892.86 | |
| Interest received | £362.28 | |
| Balance at 31/12/2022 | £90,255.14 | |
| NS&I Investment a/c | ||
| Balance 01/01/2022 | £41,900.01 | |
| Interest received | £39.00 | |
| Balance at 31/12/2022 | £41,939.01 | |
| Cash in hand held by Clerk/Treasurer | £12.08 | |
| Total cash balances at 31/12/2022 | £265,761.25 |
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Willingham Combined Charity
Financial Report Year ended 31 December 2022
Unit Trust investments
| Change in | |||||
|---|---|---|---|---|---|
| Value at | year end | value | |||
| M&G investments | 2022 | 2021 | |||
| NAACIF | 17280 shares | WCC | £15,259.97 | £15,750.72 | -£490.75 |
| NAACIF | 624 shares | EORF | £65,851.28 | £65,334.98 | +£516.30 |
| Blackrock | |||||
| CIF | 3035.63 units | PE | £4,429.95 | £5,576.45 | -£1,146.50 |
| CIF | 169.116 units | JSHT | £246.79 | £310.67 | -£63.88 |
| CIF | 799.908 units | REC | £34,917.46 | £42,363.13 | -£7,445.67 |
| CCLA | |||||
| COIF | 340.67 units | WCC | £75,185.53 | £82,620.14 | -£7,434.61 |
| Notes: | |
|---|---|
| WCC | Willingham Combined Charity |
| EORF | Extraordinary Repair Fund |
| PE | |
| JSHT | Josiah Smith Homes Trust |
| REC | Recoupment Account |
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Willingham Combined Charity
Financial Report Year ended 31 December 2022
Assets held by Willingham Combined Charity
| 2 End of terrace bungalows in Over Road, Willingham | £370,000 |
|---|---|
| 4 Terraced bungalows in Over Road, Willingham | £700,000 |
| 1 bungalow at 31 Haden Way, Willingham | £195,000 |
| Land at Over Road, Willingham at rear of bungalows bordering Rook | |
| Grove/Mereway around 8.25 acres guide value | £75,000 |
| Allotments on Over Road, Willingham around 2.75 acres | £30,000 |
| Allotments on Church Street, Willingham around 0.75 acres | £10,000 |
| These values are based on the assumpton that the land and bungalows | |
| are free from structural defect and legal encumbrance and available with | |
| vacant possession. |
Liabilities
| Deposits held for allotments on Over Road, Willingham | £1,410.00 |
|---|---|
| Deposits held for allotments on Church Street, Willingham | £210.00 |
| Total £1,620.00 |
9
Notes to the accounts
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All funds are classified as unrestricted funds with the exception of the sum of £1,620 of restricted funds in the Lloyds deposit account. This is the sum of the allotment deposits held at £30 per plot. This £30 is returned to the allotment holder when the plot is surrendered in a clean and tidy condition.
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The unknown sum of £573.32 from 2021 is still unresolved. This was two unknown deposits in a night safe that the charity has no knowledge of and Lloyds Bank has been unable to resolve.
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Independent ExamiTherfs Roport Report to the trustees ofwilliwam Combined Charrty ona(¢ountslor the yearended JI Oe¢ember 2022 charity no. 1093138 setouton pages 1-10. report to the tru5ree5 on my examnation of the accounts of Willinsham Combined Charity Iyhe Trnsv) forthe year endtd 31 Dtcèmber 2022. R&sponsibiliLiQS and ba%isof rwrt As th• tharitytru5ts•5. you r•spons+l• foriho pr•parathx of th accounts in accordan with th• Charrries 20111-the ACVI. I report in re5pert ol my examinion of theTrustrs accounts c3rried under seaxffi 145 ofthe 2011 Actand in carryinc out my 0xammat. I havofolknwqd all tho applKablo Directnsl¥m byth• Charity Commtss)n under 5ertion 1451Sllbl of ihe Art. IndepeThdnt examITho% statornnt My examination wa5 arried out in accordance with Eeneral Directions grven by the Charity CommtssK)n. An examinat includes a revw of the accounting records kept ty the chèrrty and comparison ottheaccounts presenied With those records. h also includes consJeration of any unusual iiems or dixlosvres in the accounts. and seeking explanatio from the trustees Conrning any such matters_ The prccÈdure5 undortaken do not prov@ all the widence that would bo requirod in an audit, and con5equent OPInK i5 given as to wheiher the accounts presenr a 'true and fairf eW and the report t5 limired io ihose mter5 the5tatemem below. Independent examiTheVs 5tsternenl I have completed my examination. I confirni that no materAI matters have come to my attention in connoction k¥rth tho •xamination which zivos mo causo to boliwo that in. any matwial r•4>QCt.' th• accounting rKords w•r not k•w in accordanc• with 5•Ction 130 of th• Act,. or the accounts did not accord wrrh the accouniinE records,. the accounts did not compty with tho applicable requiromonts conc1n{ tho forni and content of accounts set out in the Ch•ritie5 IAccounts and Report51 Regulations 2c8 other than any requirement that the accounts gr¥e a me and VIÈW whKh is not a matter considered as part of an independent etsminaiion. Andrew Rand- FCA Thompson TaTa2 Rahd. 10 Je$ Lane. Cambr¢t. CB5 BBA Il" September 2023 li