Charlty Reglstratlon No. 1130450 THE TROWBRIDGE ALMSHOUSES TRUST Trustees Report and Accounts For the year ended 30 June 2024 Scanned wlth CamScanner-; cs THE TROWBRIDGE ALMSHOUSES TRUST Contents Page Trustees Report Independent Examinerfs Report Balan￿ Sheet Movement of Funds Summary Recelpts and Payments Scanned wlth CamScanner-; cs THE TROWBRIDGE ALMSHOUSES TRUST Annual Trustees Report l July 2023- 30June 2024 Trustees Mr Glyn 8rld8es Mr Nicholas Blakemore Dr Bethanie Afton Mr Darcy Pace Mr Brent Hodges Mr Paul Vin8oe Charlty Number 1130450 Clerk Mrs Zoe Pace Prlndpal Addre55 The Toll House 41 Islington Trowbrldge Wiltshire BA14 8QL Independent Examlner Katy Tovey-Bowes Mor8an Tovey Ltd 5 Martins Lane Keevll Wiltshlre BA14 6NB Bankers 8arclays Bank Scanned wlth CamScanner-; cs THE TROWBRIDGE ALMSHOUSES TRUST Annual Trustees Report l July 2023- 30 June 2024 The tharlty Is constrtuted and 8overned by • Chaflty Comrntsslon Scheme dated 14 J•nuary 2011 when there was a merger of Lidy Browfts Cotta8e Hom4 Union Street Almshouses and the Palmer (harlty now known as The Trowbrld8e Almshouses TrusL The Tfustees Indude two Tnjstees. nomlNted by Trowbrl4J8e Town Coundl and four Trnslees appolnted by the Body of Trustees: Mr G J W Brld8es ltha1rn￿ft). Or Bethanle Afton Mi N Blakemore. Mi B Hod8es Mr D Pace Mr P Vln8oe Oblertlves and Actmtles The objert of the tharlty Is to relleve elderty people resldent In Trowbrld8e and Hilperton whr) afe In need by PrO￿ding spedally deslened or adapted hou￿￿ Items, servlces w laulitles. Donatlons are also made lo lo¢al tharitles to relleve the homeless and support eWerfy peoplg dayrld8e. was ￿1firrned as benefid•ry In l>ec 23. She moved Into the property In Januiry 2024. The Tru5¢ dld not make any donatlons In thls fiMnd•l year due to the hl£h costs Involved In renovatlng the empty cottage and no Income fvorn thls property. A focus on the forthcomlng year wlll be to contlnue wlth donatlon5 and ieplenlsh the LTrdlcal Malntenance Fund. The Charitrfs finandjl posiuon Is very sound with 1n¥tstM￿ts In COIF and NAAaF shares. No Inuease was made to the WMC In thls finandal year. The Cydlcal Malntenance Fund was used to contrlbute towards the leno￿tiOnS at Polthrn. Once occupled the Cydical Fund wlll be ieplenlshed over the forthcomln8year. Dated:.. 11.-LL.. L_*_............ Chalmian (on behalf of the Trust Body) Scanned wlth CamScanner-; cs INDEPENDENT EXAMINE*S REPORT ON THE ACCOUNTS R•ptrt lo the trust••sl 30. June 2024 li%￿50 IK any) 6109 I report to the trustees ￿ rny examkutk)n of the ac¢ounts of the •bo¥e charlty ("the Tn￿) for the yw ended 30° June 2024. Ra￿￿bIHIl•S •nd basls al As the tharKy tntstees ol the TrusL rn •re ftsponsth for the preparatson ol the •cwiiits kn acc￿dance wlth the of the Charltle5 Act 2011 (-the A¢ri. I rewt In respect af my examlmtlon of the Trusvs acc(￿nts carrled ¢xrt under secllon 14S of the 2011 Act In carrylry Out my exwni1￿1lm. I hrn followed the applluble Dkectkns the (hrtty C(ffin￿ under sedh)n 14515Mb) of the Act. Indepetht I have completed my e￿mInItI<)n. I confirm that no materlal matters have come to my ststement attention kn COThr￿ wlth the examlnatlon which glves me cause to belleve that In, any materfal respect: the •ccounts not wlth the appuca￿e requtrements concwnkff the forni and content of accounts set out in the Charltles {Accounts and Reports) Re8ulatlons 21x18 other than any requlrement that the accounts 8we a 'irue and falrf vlew wNth Is not a matter considefed as part of an Independent mlnatk)n to whith attentlon She￿Id be dr•wn In order to enable a proper Scanned wlth CamScanner-; cs ThE SHO SESTr A Propertles are stated at valuallons m•de In 2022 8 Othes pemianenl endowrn￿t funds afe Investhients t•ken over fforn and cornpilse endowfflents In the names of: F J Plckard F M Hllllker TR•v 564 shares ITr) shares 170 shares The followln8 abbrfevlatlons afe used In the 8alaTh￿ Sheet and other parts of thls Report." LBCH Lady Brown's Cotta8e Homes USA Unloft Street Almshouses NAACIF Natlonal Assoclatlon of Almshouses Charit*5 In¥e5tment Fund The thlrltles Office Investment Fund L￿1￿1 Malntenance Fund Extra-ordlnary Repalr Fund COIF ERF PROVA These Accounts were conldered and duly approved by the Trustees at thelr meetln8 on Al: !1:.Alt. . (Chalrman) Prlnl narne..- - Scanned wlth CamScanner-; cs THE TROW8RIDGE ALMSHOUSES TRUST No. 1130450 ESHE 24 Efidty￿d Funds SIX cotta8es In Polebarn Road, Trowbrtdge Four Almshouses In Unlon Strrt Trowbrldge Yerbury StreeL Trovknld8e 1.350,LMXI 1,350,C 840,0 215.L 215.( 14,317 NAAaF Income 5hJres 26,536 NAAOF Income Shares 2.095 COIF Income Shares 15,483 COIF Flxed Income Interest Shares 6CU NAAOF A￿m￿latIon Shares 834 NMOF Income Shafes 13,33S 24.715 42,617 12,S19 23,203 39.356 18.148 61.676 729 USA Pllmer Charlty 72,127 Other Charft 1577,659 2563,631 Non*Endowed Funds In 1,158 NAAaF Accumulatlon Share5 654 NA40F Accumulation Shares 922 NAAaF A¢cumulatlon Shares 5.342 NAAaF In￿ffle Shares 137.286 77,S31 109,353 4,976 123,103 69.522 98.056 4.671 USA Avril Tadd Other (Gentral) Monet•ry Funds 8arclay$ 8ank: . Charities Office Deposlts: Current Account US4 Palmer Fund Cyclical Malntenance Fund Yerbury 8302 3,541 345 3.617 3.299 2,918,991 2,868,201 Permanent Endowfflent Fund Cycllcal Malntenance Fund Extra-ofdinary Repalfs Fund Palmer Yefbury A Tadd Other General Fund 2,471.482 813 214.768 107.247 2.457,454 3,767 192.576 107,323 109.353 1,428 98.056 L123 7.901 2.868,201 2,918,991 Scanned wlth CamScanner-; cs ITY No. 11304 MMAR Perm. Endow. 2.457.454 CMF ERF Palnw Yerbury Openln8 balan¢e5 3,767 192,576 107323 Interest fecelved Interest transferred Interest re4n¥ested 4574 -IA81 -1693 ,. 47 8,020 47 4.020 Funds transferred .1.8 operty revaluatlon Other bank recelpts Ixher bank payments Investments- ￿41￿e increase 14.028 22.192 1,724 71M82 113 214,7fA 107247 General Fund Other A Tadd Total Openin8 balance5 1.123 98,056 7,901 2,868,201 Interest recelved Interest transferred 4￿3 ,025 4.083 -16,143 Funds tfansleffed Property revolualh)n Other bank recelpts Othef bank paYTh￿ts 48.316 49.998 48316 49.998 Investn￿1ts- value Inuease 11.297 50.592 1fi28 109353 2,918,991 Scanned wlth CamScanner-; cs