2023-12-31-accounts

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LEGACY EAST ALMSHOUSE PARTNERSHIP CHARITY REGISTRATION NUMBER 1155672

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

LEGACY EAST ALMSHOUSE PARTNERSHIP

FOR THE YEAR ENDED 31 DECEMBER 2023

FINANCIAL STATEMENTS

INCORPORATING THE FOLLOWING LINKED CHARITIES

BRIGHTLINGSEA SANTIAGO ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-1 CHELMSFORD ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-2 DR WEST MEMORIAL HOME – CHARITY REGISTRATION NUMBER 1155672-3 HODDESDON COTTAGE HOMES FOR THE AGED POOR – CHARITY REGISTRATION NUMBER 1155672-4 MISS RUTLAND’S ALMSHOUSES – CHARITY REGISTRATION NUMBER 1155672-7 NETHANIAH HOME – CHARITY REGISTRATION NUMBER 1155672-8 LOUGHTON ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-9 SPROWSTON WAR MEMORIAL TRUST – CHARITY REGISTRATION NUMBER 1155672-10 JOHN GILDERS & MASKELL ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-11 SPRINGFIELD GREEN ALMSHOUSES – CHARITY REGISTRATION NUMBER 1155672-12 WRITTLE ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-14 ERNEST ELIJAH EVERITT TRUST – CHARITY REGISTRATION NUMBER 1155672-15 MARY DAINS COTTAGES – CHARITY REGISTRATION NUMBER 1155672-16 COPLAND ALMSHOUSE CHARITY – CHARITY REGISTRATION NUMBER 1155672-17

1 – 7	Report of the Trustees
8 – 9	Independent Auditor’s Report
10	Statement of Financial Activities
11	Balance Sheet
12	Cash Flow Statement
13 – 19	Notes to the Accounts
20	Linked Charities – Summary Statement of Financial Activities
21	Linked Charities – Summary Balance Sheet
The following	pages do not form part of the statutory financial statements

22 – 25 Brightlingsea Santiago Almshouse Charity 26 – 29 Chelmsford Almshouse Charity 30 – 33 Dr West Memorial Home 34 – 37 Hoddesdon Home for the Aged Poor 38 – 41 Miss Rutland’s Almshouses 42 – 45 Nethaniah Home 46 – 49 Loughton Almshouse Charity 50 – 53 Sprowston War Memorial Trust 54 – 57 John Gilders and Maskell Almshouse Charity 58 – 61 Springfield Green Almshouses 62 – 65 Writtle Almshouses 66 – 69 Ernest Elijah Everitt Trust 70 – 73 Mary Dains Cottages 74 – 77 Copland Almshouse Charity 78 Legacy East Almshouse Partnership – Detailed Statement of Financial Activities

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2023

The Trustees present their report along with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the financial statements on pages 13 and 14 and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

INTRODUCTION

Legacy East Almshouse Partnership (LEAP) was established in 2014 as a Charitable Incorporated Organisation and in 2015 took on the management of six almshouse charities from Genesis Housing Association Ltd as the corporate trustee of each of them, these were Dr West Memorial Home, Hoddesdon Cottage Homes for the Aged Poor, Miss Rutland’s Almshouses, Nethaniah Home, Loughton Almshouse Charity, and Sprowston War Memorial Trust, between them these charities own nineteen properties.

Since then, LEAP has become the corporate trustee of a further eleven almshouse charities, including four from Colne Housing Society, giving a total of seventeen charities and seventy four properties:

On 31[st] December 2017, LEAP became the corporate trustee of the John Gilders and Maskell Almshouses Charity in Clacton with four properties, two of which were in need of substantial repair and refurbishment.
On 15th April 2018, LEAP became the corporate trustee of Springfield Green Almshouses in Chelmsford which has two bungalows built in 1878.
On 1st July 2018 LEAP took over the corporate trusteeship from Colne Housing Society Ltd of the following four charities:
Copland Almshouse Charity (reg no. 226757) with four properties in Chelmsford.
Writtle Almshouse Charity (reg no. 276582) with three properties.
Chelmsford Almshouse Charity (reg no. 210698) with six flats.
Brightlingsea Santiago Almshouse Charity (reg no. 218050) with four bungalows and four flats.
On 29[th] July 2020 LEAP took over the corporate trusteeship of Ernest Elijah Everitt Trust (reg no. 232586) with four properties in Southend.
On 1[st] September 2020 LEAP took over the corporate trusteeship of Mary Dains Charity (reg no. 234313) with six properties in Trimley St Mary, near Felixstowe in Suffolk.
On 31[st] December 2021 LEAP took over corporate trusteeship of the Fullers Almshouse Charity (reg no. 213703) with no properties but a considerable fund to provide new almshouses in the Stansted Mountfitchet area.
On 1[st] July 2022 LEAP took over the corporate trusteeship of Sir William Petrie’s Almshouses and Chapel (reg no. 242954) with twelve properties and its own chapel in Ingatestone to allow the previous trustees to retire including Lord Petre, a former Lord Lieutenant of Essex and a descendant of Sir William Petre. This almshouse charity was established in 1557. The Almshouses were originally built at a different site and were rebuilt in their current location in 1840.
On 2[nd] October 2023 LEAP took on the management of the Chelmsford United Charities (reg no. 207552) with six properties on Moulsham Street Chelmsford. The Mildmay Almshouses were founded by Thos Mildmay in 1545, rebuilt by William Mildmay in 1758. They are Grade II Listed.

All the above charities, with the exception of Fullers Almshouse Charity have been linked to Legacy East Almshouse Partnership under a uniting direction which took effect from 1 January 2020, with the Copland Almshouse Charity being linked with effect from 1 January 2022, these are aggregated together in these financial statements as restricted funds. Sir William Petrie’s Almshouses and Chapel and the Chelmsford United Charities were linked in 2024 and independent financial statements for the year ended 31 December 2023 will be prepared for these charities.

The charities of Priscilla Mansers Fund (registration number 1155672-5), Elizabeth Warners Cottage (registration number 1155672-6) and the Charity of Janet Dowsett (registration number 1155672-13 are also linked to Legacy East Almshouse Partnership. The charities of Priscilla Mansers Fund and Elizabeth Warners Cottage are dormant and have no funds or reserves. The Charity of Janet Dowsett was removed from the Charity Commission register on 22 August 1995.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Charity are:

To acquire, manage, maintain and develop almshouses and other charitable Trust property for the benefit of people in need of housing;
Such other purposes at the trustees’ absolute discretion which may be charitable according to the law of England and Wales.

In furtherance of these purposes, the Charity may take over and manage established Permanent Endowment in accordance with the original objects of the Trusts relating to each Permanent Endowment.

Application of Income

The income and property of the Charity must be applied solely towards the promotion of the Charity’s objects.

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

OBJECTIVES AND ACTIVITIES

Significant activities

During the year ended 31 December 2023 the Charity managed seventeen almshouse charities in the area of Essex, Suffolk, Norfolk and Hertfordshire, fourteen of which are linked to this Charity, to provide accommodation to seventy four people in need of housing.

Public benefit

These activities are considered to be for the public benefit and in running the Charity the Trustees have regard for the Charity Commission guidance on public benefit.

LINKED CHARITIES

Legacy East Almshouse Partnership encompasses a number of linked charities that share this Trustees’ Report and single set of aggregated financial statements. The linked charities share the same charity number as Legacy East Almshouse Partnership and have the same Trustees.

The active linked charities, their objectives and governing document are as follows:

Brightlingsea Santiago Almshouse Charity – charity number 1155672-1

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 24 August 1998 as amended by a further Scheme dated 4 October 2006.

The object of the Charity is the provision and maintenance of eight almshouse properties for beneficiaries in Brightlingsea, Essex

The beneficial groups that the Charity aims to assist, under the terms of the Charity Scheme, are as follows:

The residents of six of the almshouses shall be poor people resident in the Parish of Brightlingsea who either;
a. have learning disabilities, or
b. are elderly.
The residents of two of the almshouses shall be poor women who (except in special cases to be approved by the Charity Commission) are resident in the Parish of Brightlingsea, with preference for widows of seamen. If on occurrence of a vacancy in either of the said two almshouses there is no such applicant the vacancy may be filled by a person described in the first beneficial class.

Chelmsford Almshouse Charity – charity number 1155672-2

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 19 September 1974 as amended by further Schemes dated 18 October 1994 and 25 November 2008.

The object of the Charity is the provision and maintenance of six almshouse properties for beneficiaries in Chelmsford, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are residents who shall (except in special cases to be approved by the Charity Commission) be poor persons in the following order of priority:

persons who attend or until prevented by infirmity or illness attended either; a. Christ Church United Reformed Church, New London Road, Chelmsford, or
b. any non-conformist church or chapel in Chelmsford.
inhabitants of Chelmsford.

Dr West Memorial Home – charity number 1155672-3

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 9 August 1976.

The object of the Charity is the provision and maintenance of one almshouse property for beneficiaries in Hoddesdon, Hertfordshire.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are aged persons living in Hoddesdon who the Trustees shall consider to be the most deserving objects of the Charity, such residents may be of either sex but with a preference for a married couple.

Hoddesdon Cottages for the Aged Poor – charity number 1155672-4

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 27 April 1971 with a further Scheme amendment dated 30 April 1996.

The object of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Hoddesdon, Hertfordshire.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are aged persons living in Hoddesdon, such residents may be of either sex but with a preference for married couples.

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

LINKED CHARITIES (continued)

Miss Rutland’s Almshouse Charity – charity number 1155672-7

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 17 January 1979 with a further Scheme amendment dated 10 December 1996.

The objects of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Hempstead, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are aged persons who are poor, invalid or infirm and are resident in the parish of Hempstead, Essex. If there is no suitably qualified applicant, a person resident in an adjoining parish who is otherwise duly qualified may be considered.

Nethaniah Home – charity number 1155672-8

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 6 March 1953 with a further Scheme amendments dated 17 June 1960, 11 July 1977 and 28 July 1998.

The object of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Ipswich, Suffolk.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are deserving persons of either sex from Ipswich and being also either aged persons or persons completely and permanently physically disabled. Two beneficiaries shall be parishioners and communicants at the Parish Church of the Ecclesiastical Parish called the United Parish of St Mary Stoke with St Peter and St Mary Quay, Ipswich and shall be nominated by the Rector of the said ecclesiastical parish. The remaining beneficiaries shall be persons of any denomination but preference shall be given to members of the Church or Congregation of the Stoke Green Baptist Chapel at Ipswich.

Loughton Almshouse Charity – charity number 1155672-9

The Charity is governed in accordance with a Scheme sealed by the Charity Commission dated 14 October 1981.

The objects of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Loughton, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are poor persons who are inhabitants of the ancient parish of Loughton, Essex.

Sprowston War Memorial Trust – charity number 1155672-10

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 21 July 1986 with a further Scheme amendment dated 12 March 1996.

The object of the Charity is the provision and maintenance of two almshouse properties for beneficiaries in Sprowston, Norfolk.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, except under special circumstances to be approved by the Charity Commission, shall be residents who qualify in the following classes and in the following order of priority:

Aged relatives of men who were resident in the Ecclesiastical Parish of St Mary and St Margaret with St Cuthbert, Sprowston and were killed or died while serving in the armed forces during the Great War of 1914 to 1918;
Men resident in the said Ecclesiastical Parish who served in the armed forces during the said war;
Poor persons resident in the said Ecclesiastical Parish;
Poor persons resident in the Diocese of Norwich, Norfolk.

John Gilders and Maskell Almshouses Charity – charity number 1155672-11

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 26 February 1998.

The object of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Clacton, Essex.

The beneficial group the Charity aims to assist under the terms of the Charity Scheme are poor persons of good character who have been resident in the former urban district of Clacton, Essex for a period of not less than two years preceding the time of their appointment. Preference shall be given to persons who have been resident in the former parish of Great Clacton.

Springfield Green Almshouses – charity number 1155672-12

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 22 October 1976 with a further Scheme amendment dated 19 July 2018.

The objects of the Charity is the provision and maintenance of two almshouse properties for beneficiaries in Springfield, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are poor widows or spinsters of good character who are not less than 55 years of age being members of any Protestant denomination and who are born in the area of the Ecclesiastical Parish of All Saints, Springfield as constituted on the 19 February 1916 or (except in special cases to be approved by the Charity Commission) have resided in the said area for not less than six months next preceding the time of appointment with preference given to persons qualified as aforesaid who are members of the Church of England.

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

LINKED CHARITIES (continued)

Writtle Almshouse Charity – charity number 1155672-14

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 14 January 1977 with a further Scheme amendment dated 4 October 2006.

The object of the Charity is the provision and maintenance of three almshouse properties for beneficiaries in Writtle, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are persons in need who (except in special cases to be approved by the Charity Commission) are resident in the area of the Ancient Parish of Writtle at the time of appointment.

Ernest Elijah Everitt Trust – charity number 1155672-15

The Charity is governed in accordance with a conveyance dated 9 December 1957.

The object of the Charity is the provision and maintenance of four almshouse properties for beneficiaries in Southend, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are aged and needy persons connected with the Union of Evangelical Churches or other Free Church body residing in the county borough of Southend-on-Sea.

Mary Dains Cottages – charity number 1155672-16

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 23 January 1961 with a further Scheme amendment dated 22 March 1989.

The objects of the Charity is the provision and maintenance of six almshouse properties for beneficiaries in Trimley St Mary, Suffolk.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are poor persons of good character resident in the area of benefit with a preference for:

(a) persons qualified as above and belonging to a non-conformist denomination;
(b) persons who are resident in the parishes of Falkenham, Kirton, Trimley St. Martin and Trimley St. Mary.

Copland Almshouse Charity – charity number 1155672-17

The Charity is governed in accordance with a Scheme sealed by the Charity Commission on 24 August 1979 as varied by a with a further Scheme amendment dated 4 October 2006.

The object of the Charity is the provision and maintenance of four almshouse properties in Broomfield, Essex.

The beneficial group that the Charity aims to assist, under the terms of the Charity Scheme, are poor persons who (except in special cases to be approved by the Charity Commission) are resident in the area of the Parish of Broomfield at the time of appointment.

ACHIEVEMENT AND PERFORMANCE

The Trustee Body: A full meeting of trustees was held four times in 2023 to review and confirm all actions which had taken place in the preceding quarter as well as to consider and decide on future strategy and actions. These meetings were all held in person at a village hall in Copford, near Colchester.

Policies were kept under constant review including that of delegated authorities to the Clerk and to the four members of the Property subcommittee to ensure the efficient running of all the seventeen charities under LEAP, involving seventy four properties.

One new Trustee was appointed.

Throughout the year there was almost daily contact between the Chairman and the Clerk by email, and often involving other trustees as a means of ensuring that decisions are made in a timely and prompt manner.

Almshouse Residents

One new beneficiary was appointed at Springfield Green Almshouses, one at Nethaniah Home, one at Brightlingsea Santiago Almshouse Charity, one at Copland Almshouse Charity, one at Ernest Elijah Everitt Trust and one at Mary Dains Cottages in 2023.

Repayment plans were put in place for five residents who had got behind with their weekly Maintenance Contributions (the equivalent of rent) caused by the Covid pandemic. These arrears will be paid off gradually over time.

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

ACHIEVEMENT AND PERFORMANCE (continued)

Almshouse Properties

In addition to routine property management and maintenance issues which arose during the year, the trustees initiated and managed several projects including:

Refurbishment of an almshouse at Nethaniah Home was completed. A refurbishment at Sprowston War Memorial Trust was commissioned and completed in 2024.
Redecoration was carried out at one almshouse at Springfield Green Almshouses, one at Brightlingsea Santiago Almshouse Charity and two at Mary Dains Cottages.
The project to substantially improve the appearance of the outside area at Miss Rutland’s Almshouse Charity at Hempstead, started in 2021, completed in 2023.
Rear doors to Copland Almshouses were replaced.
Replacement Fire Doors to all flats at Roman House, Chelmsford Almshouse Charity, were commissioned.
Periodic Electrical Inspections were carried out where due and all remedial works undertaken.
Linked Loft Smoke alarms we fitted to Mary Dains Cottages.
Secondary Glazing was fitted at Mary Dains Cottages.
Fire Safety Surveys were conducted at Brightlingsea Santiago Almshouse Charity Roman House flats, Chelmsford Almshouse Charity.

Conclusion: Finally, as Chairman, I should like to record my thanks especially to the Clerk, Clare Heyes, who has once again continued to work hard throughout 2023; to Vice- Chairman, Ian Dudley for his help and support throughout the year, and a big thank you to all of the trustees for their commitment and dedication in managing all seventeen charities and successfully providing seventy four homes to residents.

FINANCIAL REVIEW

Financial Position

The Charity’s financial position is as set out in the Balance Sheet on page 11 and is considered satisfactory.

Reserves Policy

The Charity’s policy on reserves is to maintain sufficient reserves to enable the Charity to continue to achieve its principal objectives.

FUTURE PLANS

LEAP has established maintenance funds for the proper management of the properties going forward for all of the charities under its management.

LEAP will ensure there are due processes in place with regard to the welfare of the resident(s) by signposting them to care and support services should they request it.

Trustees are investigating the possibility of providing a further almshouse on land owned at the Writtle Almshouse Charity.

Trustees are looking to provide car parking at Copland Almshouse Charity.

The trustees remain keen to see that the funds in the Fullers Almshouse Charity be used in the acquisition of almshouse properties in the Stansted Mountfitchet area. We remain in contact with Councillors of the Parish Council about opportunities to use this money for the benefit of residents in that area.

STRUCTURE, GOVERENANCE AND MANAGEMENT

Governing Document

Legacy East Almshouse Partnership is governed in accordance with a constitution dated 11 December 2013.

Methods adopted for recruitment and appointment of Trustees

The Trustees are appointed through co-option by existing Trustees and who need to have experience of managing almshouses and almshouse charities or who can offer expertise of benefit to almshouse charities. As vacancies for Trustees arise applications are sought from potential candidates known to the Trustees and other suitable local people. Applicants are then considered by the Trustees and appointments made by resolution of the Trustees.

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2023

STRUCTURE, GOVERENANCE AND MANAGEMENT (continued)

Policies and Procedures adopted for the induction and training of Trustees

New Trustees are briefed by the Chairman and the Clerk on the history and activities of the Charity. They are provided with a copy of the Charity Commission publication “The Essential Trustee” detailing their responsibilities and providing guidance on being a Trustee. New Trustees are provided with a copy of the Charity Scheme and the latest accounts.

Organisational Structure of the Charity

Day to day administration of the Charity is carried out by the Clerk who reports to the Trustees. In addition, the Clerk maintains a good working relationship with Melissa Hill, a clerk of another almshouse charity, such that if she needs some help of whatever sort, she has someone she can rely on for that support.

Related Parties

Legacy East Almshouse Partnership acts as corporate trustee for seventeen almshouse charities, these are Dr West Memorial Home, Hoddesdon Cottage Homes for the Aged Poor, Miss Rutland’s Almshouses, Nethaniah Home, Loughton Almshouse Charity, Sprowston War Memorial Trust, John Gilders & Maskell Almshouse Charity, Springfield Green Almshouses, Writtle Almshouse Charity, Copland Almshouse Charity, Brightlingsea Santiago Almshouse Charity, Chelmsford Almshouse Charity, Ernest Elijah Everitt Trust, Mary Dains Cottages, Fullers Almshouse Charity, Sir William Petrie’s Almshouses and Chapel and Chelmsford United Charities (as from 1[st ] October 2023). The Clerk to the Charity is also Clerk to other almshouse charities.

Statement of Major Risks

As an integral part of their management policy the Trustees maintain regular checks on risk factors which may adversely affect the Charity.

Through the employment of professional advisors the Trustees seek to ensure that all of the Charity’s management and decision making processes take full account of, and comply with, relevant legislation and regulatory controls.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name: Legacy East Almshouse Partnership Other Names: LEAP Charity Registered Number: 1155672 Address of Principal Office: Newbridge Hill, West Bergholt, Essex, CO6 3ER

Trustees:

The Trustees who served during the year and to the date of this report were:

Peter Hill Chairman Ian Dudley Vice Chairman Christopher Andrews Diana Hoy Robert Neve Manda O’Connell Adam Edwards Kevin Dale Mark Westall Appointed 16 February 2024 Clerk to the Charity: Mrs Clare Heyes, 18 Newbridge Hill, West Bergholt, Essex, CO6 3ER 07803 908686

Auditors: Bankers:

Haines Watts, Town Wall House, 4 Balkerne Hill, Colchester, Essex, CO3 3AD The Co-operative Bank, Delf House, Southway, Skelmersdale, WN8 6WT

LEGACY EAST ALMSHOUSE PARTNERSHIP

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

Select suitable accounting policies and apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the Trust Deed.

The Trustees are also responsible for safeguarding the assets of the charity and, hence, for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the Charity and financial information included on the Charity Commissions website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

16 August 2024

Approved by the Trustees on:

…………………………………………..

Peter Hill

and signed on their behalf by: …………………………………………… Trustee

INDEPENDENT AUDITOR’S REPORT

TO THE TRUSTEES OF LEGACY EAST ALMSHOUSE PARTNERSHIP FOR THE YEAR ENDED 31 DECEMBER 2023

OPINION

We have audited the financial statements of Legacy East Almshouse Partnership for the year ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

give a true and fair view of the state of the Charity’s affairs as at 31 December 2023, and of its incoming resources and application of resources for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISA’s (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

We have nothing to report in respect of the following matters in relation to which the ISA’s (UK) require us to report to you where:

the Trustees’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or
the Trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Charity’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date the financial statements are authorised for issue.

OTHER INFORMATION

The Trustees are responsible for the other information. The other information comprises the information included in the Trustees Annual Report, other than the financial statements and our auditor’s report thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement in the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report is this regard.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

the information given in the financial statements is inconsistent in any material respect with the trustees’ report; or
sufficient accounting records have not been kept;
the financial statements are not in agreement with the accounting records and returns; or
we have not obtained all the information and explanations necessary for the purposes of our audit.

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF LEGACY EAST ALMSHOUSE PARTNERSHIP FOR THE YEAR ENDED 31 DECEMBER 2023

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Trustees’ Responsibilities Statement on page 6, the trustees are responsible for the preparation of financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intends to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We considered the risk of fraud through management override and in response, we incorporated testing of manual journal entries into our audit approach throughout the financial year.
We also considered the risk of fraud through assumptions and judgements used within accounting estimates and in response, reviewed and scrutinised these estimates in order to detect possible management bias.
We also considered the risk of fraud associated with the preparation of the financial statements and in response, tested the disclosures prepared against relevant supporting documentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

USE OF OUR REPORT

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

HAINES WATTS STATUTORY AUDITORS

Town Wall House Balkerne Hill Colchester Essex CO3 3AD

20 August 2024

Haines Watts is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

LEGACY EAST ALMSHOUSE PARTNERSHIP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS FROM: Charitable Activities Investment Income Other Income – Fee for Research Project TOTAL EXPENDITURE ON: Charitable Activities TOTAL NET NET GAINS/(LOSSES) ON INVESTMENTS NET INCOME TRANSFERS BETWEEN FUNDS OTHER RECOGNISED GAINS/(LOSSES) Gain on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total Funds Brought Forward Introduce Copland Almshouse Charity Funds as at 1 January 2022 Total Funds Carried Forward	Notes 3 4 5 9 8 1		Unrestricted Funds (Legacy East Restricted Fund Total Almshouse Partnership) (Linked Charities) (Combined) 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 59,925 50,400 367,583 345,858 427,508 396,258 4,833 1,019 17,479 4,492 22,312 5,511 630 - - - 630 -	Total (Combined)
			65,388 51,419 385,062 350,350 450,450 401,769
			35,539 30,529 187,281 191,312 222,820 221,841
			35,539 30,529 187,281 191,312 222,820 221,841
			29,849 20,890 197,781 159,038 227,630 179,928 - - 69,727 (3,485) 69,727 (3,485)
			29,849 20,890 267,508 155,553 297,357 176,443 - - - - - - - - 702,428 967,335 702,428 967,335
			29,849 20,890 969,936 1,122,888 999,785 1,143,778 99,141 78,251 8,728,779 7,140,644 8,827,920 7,218,895 - - - 465,247 - 465,247
			128,990 99,141 9,698,715 8,728,779 9,827,705 8,827,920

All incoming resources and resources expended derive from continuing activities.

LEGACY EAST ALMSHOUSE PARTNERSHIP

BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets Investments CURRENT ASSETS Debtors and Prepayments Cash at Bank and in Hand CREDITORS:Amounts falling due with one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS:Amounts falling due after more than one year NET ASSETS CAPITAL AND RESERVES Restricted Funds Unrestricted Funds	Notes 8 9 10 11 12 13 15		Unrestricted Funds (Legacy East Restricted Fund Total Almshouse Partnership) (Linked Charities) (Combined) 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ - - 8,120,348 7,417,920 8,120,348 7,417,920 - - 1,170,492 993,265 1,170,492 993,265	Total (Combined)
			- - 9,290,840 8,411,185 9,290,840 8,411,185
			19,465 31,764 130,032 150,819 149,497 182,583 258,006 207,043 439,122 353,970 697,128 561,013
			277,471 238,807 569,154 504,789 846,625 743,596 148,481 139,666 68,000 80,475 216,481 220,141
			128,990 99,141 501,154 424,314 630,144 523,455
			128,990 99,141 9,791,994 8,835,499 9,920,984 8,934,640 - - 93,279 106,720 93,279 106,720
			128,990 99,141 9,698,715 8,728,779 9,827,705 8,827,920
			- - 9,698,715 8,728,779 9,698,715 8,728,779 128,990 99,141 - - 128,990 99,141
			128,990 99,141 9,698,715 8,728,779 9,827,705 8,827,920
) ) Peter Hill ) ………………………………………………. ) ) TRUSTEES ) ) Ian Dudley ) ………………………………………………. )

	)
	)
Peter Hill	)
……………………………………………….	)
	) TRUSTEES
	)
	)
Ian Dudley	)
……………………………………………….	)

These accounts were approved by the Trustees on 16 August 2024

LEGACY EAST ALMSHOUSE PARTNERSHIP

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2023

NET CASH FLOW FROM OPERATING ACTIVITIES Net Movement in Funds Gain on Revaluation of Housing Properties (Gains)/Losses on Investments Dividends from Investments and Interest Decrease/(Increase) in Debtors (Decrease)/Increase in Creditors (exc. Loans) Cash Provided by/(Used) by Operating Activities CASH FLOW FROM INVESTING ACTIVITIES Dividends from Investments and Interest Purchase of Investments Proceeds from Sale of Investments Cash Provided by/(Used) by Investing Activities CASH FLOW FROM FINANCING ACTIVITIES Repayment of Loans Cash Used by Financing Activities INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR INTRODUCE COPLAND ALMSHOUSE CHARITY AS AT 1 JANUARY 2022 (NOTE 1) CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR		Unrestricted Funds (Legacy East Restricted Funds Almshouse (Linked Total Partnership) Charities) (Combined) 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 29,849 20,890 969,936 1,122,888 999,785 1,143,778 - - (702,428) (967,335) (702,428) (967,335) - - (69,727) 3,486 (69,727) 3,486 (4,833) (1,019) (17,479) (4,492) (22,312) (5,511) 12,299 (4,898) 20,787 (13,588) 33,086 (18,486) 8,815 17,907 (12,475) (5,418) (3,660) 12,489	Total (Combined)
		46,130 32,880 188,614 135,541 234,744 168,421
		4,833 1,019 17,479 4,492 22,312 5,511 - - (107,500) (40,000) (107,500) (40,000) - - - - - -
		4,833 1,019 (90,021) (35,508) (85,188) (34,489)
		- - (13,441) (31,941) (13,441) (31,941)
		- - (13,441) (31,941) (13,441) (31,941)
		50,963 33,899 85,152 68,092 136,115 101,991 207,043 173,144 353,970 262,275 561,013 435,419 - - - 23,603 - 23,603
		258,006 207,043 439,122 353,970 697,128 561,013

The cash and cash equivalents of the Linked Charities are as follows:

Brightlingsea Santiago Almshouse Charity Chelmsford Almshouse Charity Dr West Memorial Home Hoddesdon Home for the Aged Poor Miss Rutland’s Almshouses Nethaniah Home Loughton Almshouse Charity Sprowston War Memorial Trust John Gilders and Maskell Almshouse Charity Springfield Green Almshouses Writtle Almshouses Ernest Elijah Everitt Trust Mary Dains Cottages Copland Almshouse Charity	2023 2022 £ £ 78,508 75,212 26,545 20,604 7,899 5,615 5,072 - 37,743 26,507 1,015 - 39,921 38,245 1,014 - 21,427 10,875 24,661 23,626 38,072 36,474 89,619 85,856 34,618 4,216 33,008 26,740
	439,122 353,970

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1. INTRODUCTION

Legacy East Almshouse Partnership acts as corporate trustee for seventeen almshouse charities, these are Brightlingsea Almshouse Charity, Chelmsford Almshouse Charity, Dr West Memorial Home, Hoddesdon Cottage Homes for the Aged Poor, Miss Rutland’s Almshouses, Nethaniah Home, Loughton Almshouse Charity, Sprowston War Memorial Trust, John Gilders & Maskell Almshouse Charity, Springfield Green Almshouses, Writtle Almshouse Charity, Ernest Elijah Everitt Trust, Mary Dains Cottages, Copland Almshouse Charity, Fullers Almshouse Charity, Sir William Petrie’s Almshouses and Chapel and Chelmsford United Charities.

All the above charities, with the exception of Fullers Almshouse Charity, Sir William Petrie’s Almshouses and Chapel and Chelmsford United Charities, have been linked to Legacy East Almshouse Partnership under a uniting direction, this took effect from 1 January 2020 with Copland Almshouse Charity being linked with effect from 1 January 2022.

Legacy East Almshouse Partnership is the reporting charity and these financial statements are the aggregation for itself and all of the other linked charities. Legacy East Almshouse Partnership is disclosed as an unrestricted fund with the Linked Charities being restricted funds and the total amounts being a combination of endowment, unrestricted and restricted funds.

Copland Almshouse Charity was linked with effect from 1 January 2022, the assets, liabilities and funds as at 31 December 2022 have been introduced as at 1 January 2022.

2. ACCOUNTING POLICIES

The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Charity’s accounts.

a) General Information and Basis of Accounting

The charity constitutes a public benefit entity as defined by FRS 102.

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Accounting Practice.

The accounts are prepared using the historical cost accounting rules except that that freehold properties are included at valuation and investments are included at their market value.

Component Accounting is not applied since the replacement of those components of the property which have a shorter useful life than the main structure is not capitalised but written off as incurred to the General Fund or the Extraordinary Repair Fund.

b) Fund Accounting

Restricted funds are funds received by the Charity for a specific purpose and can only be used for that purpose. Unrestricted funds are available to spend on activities that further any of the purposes of Charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

c) Going Concern

The accounts are prepared on a going concern basis as there are no material uncertainties about the Charity's ability to continue.

d) Income

Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the Charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate.

Donations and other voluntary income are reflected in the accounts for the period in which they are received. Donations in kind are recognised by the Charity when received except in the case of services provided free or at undervalue by voluntary staff or others which are not reflected in the accounts.

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES (CONTINUED)

e) Interest Received

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the Bank.

f) Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

g) Repairs and Maintenance of Properties

The charges in the Statement of Financial Activities in respect of Cyclical Maintenance and Extraordinary Repairs reflect the Trustees’ constant concern to keep the properties in good condition and are in accordance with the Almshouse Associations’ recommendation that Almshouse Charities should set aside each year specific sums in this respect. Transfers are made from the General Fund each year to the Extraordinary Repair Fund to cover extraordinary repairs as they arise and to the Cyclical Maintenance Fund to cover repairs which arise on a cyclical basis.

h) Support Costs

The Charity’s governance costs are allocated entirely to the Almshouse Costs since support costs relating to other activities are considered immaterial.

i) Tangible Fixed Assets

Housing Properties

The housing properties are included in the accounts at their insurance value. Additions after each revaluation are included at cost until a further revaluation.

The housing properties are not depreciated as revaluations are performed with sufficient regularity to ensure that the carrying amounts are not materially misstated.

The cost of refurbishment and improvements to the existing property are written off to the Revenue Reserve as incurred. Any major improvements or extensions to the property are capitalised.

j) Investments

Investments are shown on the Balance Sheet at their market value. Changes in market values during an accounting period are reflected in the accounts as unrealised gains or losses. Upon disposal of an investment the difference between original cost and disposal proceeds is reflected in the accounts as a realised gain or loss and an adjustment is made to unrealised gains or losses to reverse unrealised movements in value in earlier years.

k) Debtors

Contributions and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any discounts due.

l) Cash at Bank

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors and Provisions

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount.

n) Taxation

The Charity is exempt from tax on its charitable activities.

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

3. INCOME FROM CHARITABLE ACTIVITIES

Unrestricted Funds

Almshouse Management Management and Administration Fees

Almshouse Income Contributions Due Losses from Voids

	Unrestricted Funds
	Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 59,925 50,400 - - 59,925 50,400	Total Combined
	59,925 50,400 - - 59,925 50,400
	- - 377,414 351,728 377,414 351,728 - - (9,831) (5,870) (9,831) (5,870)
	- - 367,583 345,858 367,583 345,858

	59,925 50,400 367,583 345,858 427,508 396,258

4. INVESTMENT INCOME

Dividends Receivable from Listed Investments Bank Deposit Account Interest Receivable

	Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ - - 345 334 345 334 4,833 1,019 17,134 4,158 21,967 5,177	Total Combined
	4,833 1,019 17,479 4,492 22,312 5,511

5. EXPENDITURE ON CHARITABLE ACTIVITIES

EXPENDITURE ON CHARITABLE ACTIVITIES
Almshouse Management Operating Costs Clerks Fees and Expenses Auditor’s Remuneration Trustees’ Expenses Sundry Expenses Subscription Bank Charges Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Costs Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscriptions	Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 32,775 27,900 - - 32,775 27,900 1,482 1,602 - - 1,482 1,602 234 25 - - 234 25 551 575 - - 551 575 461 427 - - 461 427 36 - - - 36 -	Total Combined
	35,539 30,529 - - 35,539 30,529
	- - 368 586 368 586 - - 1,416 1,400 1,416 1,400 - - 19,890 17,296 19,890 17,296 - - 9,175 8,676 9,175 8,676 - - 31,210 33,942 31,210 33,942 - - 34,019 41,565 34,019 41,565 - - 5,386 4,751 5,386 4,751 - - 12,167 12,158 12,167 12,158 - - 1,166 1,272 1,166 1,272 - - 371 311 371 311 - - 249 382 249 382 - - 1,544 2,949 1,544 2,949
	- - 116,961 125,288 116,961 125,288 - - 47,600 44,800 47,600 44,800 - - 21,840 20,082 21,840 20,082 - - 230 - 230 - - - 650 996 650 996 - - - 146 - 146
	- - 187,281 191,312 187,281 191,312

	35,539 30,529 187,281 191,312 222,820 221,841

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

6. NET INCOME/(EXPENDITURE) FOR THE YEAR

This is stated after charging: Auditor’s Remuneration: Audit Fees Accountancy Fees		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 660 540 6,720 5,880 7,380 6,420 822 1,062 15,120 14,202 15,942 15,264	Total Combined
		1,482 1,602 21,840 20,082 23,322 21,684

7. RELATED PARTY TRANSACTIONS AND TRUSTEES REMUNERATION

No trustees were remunerated year ended 31 December 2023 or the year ended 31 December 2022.

Four trustees were reimbursed travelling expenses of £464 during the year ended 31 December 2023, £234 by Legacy East Almshouse Partnership and £230 by Sprowston War Memorial Trust. One trustee was reimbursed travelling expenses of £25 by Legacy East Almshouse Partnership during the year ended 31 December 2022.

Legacy East Almshouse Charity utilised the clerk services of the daughter-in-law of one of the charity trustees, during the year ended 31 December 2023 the clerk was paid fees of £475.

The linked charity of Copland Almshouse Charity utilised the legal services of firm of solicitors in connection with its housing properties, one of the trustees is a partner in the Firm. The fees paid during the year ended 31 December 2023 were £250 and were carried out in the normal course of business on commercial terms.

There were no other related party transactions during the year ended 31 December 2023 or the year ended 31 December 2022.

8. HOUSING PROPERTIES

HOUSING PROPERTIES
	Restricted Funds
	Linked	Charities
	2023	2022
	£	£
COST OR VALUATION
At beginning of the year	7,417,920	6,024,082
Introduce Copland Almshouse Charity properties as at 1 January 2022	-	426,503
Gain on Revaluation	702,428	967,335
At end of the year	8,120,348	7,417,920


NET BOOK VALUE
At beginning of the year	7,417,920	6,024,082


At end of the year	8,120,348	7,417,920


The housing properties were revalued during the year ended 31 December 2023 to their insurance reinstatement values.
The cost or valuation as at 31 December 2023 is represented by:
Cost	1,452,842	1,452,842
Accumulated revaluation gains	6,667,506	5,965,078
	8,120,348	7,417,920

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

9. INVESTMENTS

VESTMENTS
Listed Investments Market value at beginning of the year ntroduce Copland Almshouse Charity investments as at 1 January 2022 Additions at cost Revaluation gains/(losses) Market value at end of the year The cost or valuation as at 31 December 2023 is represented by: Cost Accumulated revaluation gains	Restricted Funds Linked Charities 2023 2022 £ £ 993,265 941,609 - 15,141 107,500 40,000 69,727 (3,485)	Restricted Funds Linked Charities
	1,170,492 993,265
	841,432 733,932 329,060 259,333
	1,170,492 993,265

10. DEBTORS AND PREPAYMENTS

EBTORS AND PREPAYMENTS
Linked Charities Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 14,089 28,570 - - 14,089 28,570 - - 17,643 17,730 17,643 17,729 4,815 2,513 - 29 4,815 2,542 - - 102,429 125,124 102,429 125,124 561 681 9,960 7,936 10,521 8,618	Total Combined
		19,465 31,764 130,032 150,819 149,497 182,583

11. CASH AT BANK AND IN HAND

SH AT BANK AND IN HAND
Co-operative Bank Current Account COIF Deposit Account		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ 127,617 121,147 - - 127,617 121,147 130,389 85,896 439,122 353,970 569,511 439,866	Total Combined
		258,006 207,043 439,122 353,970 697,128 561,013

12. CREDITORS: Amounts due within one year

Loans (see note 14) Linked Charities Contributions Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ - - 13,203 13,066 13,203 13,066 102,429 125,124 - - 102,429 125,124 - - 7,298 7,415 7,298 7,415 42,280 13,426 8,361 8,922 50,641 22,348 - - 14,089 28,570 14,089 28,570 3,772 1,116 25,049 22,502 28,821 23,618	Total Combined
		148,481 139,666 68,000 80,475 216,481 220,141

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

13. CREDITORS: amounts falling due after more than one year

Loans (see note 14)		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ - - 93,279 106,720 93,279 106,720	Total Combined

14. LOANS

During the year ended 31 March 2015 the Hoddesdon Cottage Homes for the Aged Poor current account balance owed to Genesis Housing Association Ltd of £84,750 was converted to an interest free loan which is repayable over fifteen years commencing on 1 April 2016.

During the year ended 31 March 2015 Genesis Housing Association Ltd made a loan of £73,232 to Nethaniah Home so that substantial improvements to the housing properties could be carried out. A further loan for £10,000 was advanced during the year ended 31 December 2016. The loan is interest free loan and is repayable over fifteen years commencing on 1 April 2016.

During the year ended 31 December 2007 Sprowston War Memorial Trust borrowed £45,000 from the Charity Bank Ltd. The loan is subject to interest at a fixed rate of 6.5% per annum and is repayable over 25 years. The loan is secured on the housing properties at 104 and 106 North Walsham Road, Norwich.

The loans are repayable in monthly instalments as follows:

Restricted Funds Linked Charities 2023 2022 £ £ £ £ 13,203 13,066 13,334 13,188 40,870 40,374 39,075 53,158 93,279 106,720 106,482 119,786	Restricted Funds Linked Charities	Restricted Funds Linked Charities
	£ 13,203 93,279	2022
		£ £

		13,066
		13,188
		40,374
		53,158
		106,720
106,482		119,786

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

NALYSIS OF NET ASSETS BETWEEN FUNDS
				Net Current
		Fixed	Assets	Assets Less
	Freehold			Long Term
	Property		Investments	Loans	Total
	£		£	£	£
Legacy East Almshouse Partnership
Unrestricted Funds – General Fund		-	-	128,990	128,990
Linked Charities
Endowment Funds:
Permanent Endowment Funds		-	37,069	-	37,069
Housing Property Reserves	2,764,738		-	(25,290)	2,739,448
Housing Property Revaluation Reserves	4,986,260		-	-	4,986,260
Restricted Funds:
Social Housing Grant Funds	369,350		-	-	369,350
Unrestricted Funds:
Cyclical Maintenance Funds		-	96,563	164,834	261,397
Extraordinary Repair Funds		-	234,044	64,162	298,206
General Funds		-	802,816	204,169	1,006,985
	8,120,348		1,170,492	407,875	9,698,715

	8,120,348		1,170,492	536,865	9,827,705

LEGACY EAST ALMSHOUSE PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16. FINANCIAL COMMITMENTS

Authorised and Contracted For: Ernest Elijah Everitt Trust Refurnishment of bungalow one		Unrestricted Funds Legacy East Restricted Funds Total Almshouse Partnership Linked Charities Combined 2023 2022 2023 2022 2023 2022 £ £ £ £ £ £ - - - 7,580 - 7,580	Total Combined

17. NON-ADJUSTING POST BALANCE SHEET EVENTS

With effect from the 1 January 2024 the charities of Sir William Petre's Almshouses and Chapel (charity registration number 242954) and Chelmsford United Charities (charity registration number 207552) were linked to Legacy East Almshouse Partnership.

LEGACY EAST ALMSHOUSE PARTNERSHIP

LINKED CHARITIES – SUMMARY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Restricted Fund Balances Brought Forward £ 1,146,150 971,883 159,481 432,313 668,466 589,744 599,701 203,799 647,476 384,262 428,635 740,710 1,192,303 563,856	Copland Fund Balances Brought Forward £ - - - - - - - - - - - - - -	Almshouse Income £ 51,835 41,969 8,482 28,839 29,037 20,350 29,416 11,462 24,675 14,734 17,146 22,312 40,770 26,556	Investment Income £ 3,441 1,002 304 93 1,331 19 1,750 19 630 1,412 1,669 3,928 540 1,341	Almshouse Costs £ (23,261) (23,382) (2,937) (8,132) (7,556) (8,783) (8,515) (11,087) (8,789) (6,775) (12,977) (13,591) (36,111) (15,385)	Gains/Losses on Investments £ 3,828 12,183 4,252 2,122 7,499 1,578 2,432 1,620 13,179 3,265 623 6,407 9,731 1,008	Gains/Losses on Revaluation Of Housing Properties £ 47,516 35,637 14,613 78,886 92,825 108,661 24,521 36,492 89,665 58,396 17,819 26,739 46,900 23,758	Restricted Fund Balances Carried Forward £ 1,229,509 1,039,292 184,195 534,121 791,602 711,569 649,305 242,305 766,836 455,294 452,915 786,505 1,254,133 601,134

8,728,779	-	367,583	17,479	(187,281)	69,727	702,428	9,698,715

950,660	-	52,137	909	(17,584)	(81)	160,109	1,146,150
833,653	-	37,017	183	(20,592)	1,539	120,083	971,883
146,640	-	7,995	64	(2,629)	533	6,878	159,481
375,993	-	27,163	-	(8,034)	62	37,129	432,313
620,459	-	27,314	314	(24,230)	921	43,688	668,466
535,183	-	20,659	-	(17,436)	197	51,141	589,744
511,158	-	27,779	456	(12,643)	124	72,827	599,701
181,570	-	11,105	-	(6,154)	102	17,176	203,799
598,818	-	23,213	126	(8,936)	(7,946)	42,201	647,476
349,713	-	13,912	601	(6,277)	(1,171)	27,484	384,262
362,476	-	15,369	424	(9,752)	77	60,041	428,635
654,404	-	16,629	1,049	(22,277)	809	90,096	740,710
1,019,917	-	38,343	62	(25,675)	1,229	158,427	1,192,303
-	465,247	27,223	304	(9,093)	120	80,055	563,856
7,140,644	465,247	345,858	4,492	(191,312)	(3,485)	967,335	8,728,779

LEGACY EAST ALMSHOUSE PARTNERSHIP

LINKED CHARITIES – BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023

Fixed Assets Tangible Assets Housing Properties £ 1,060,631 795,474 95,839 517,387 608,805 712,662 547,348 239,336 588,083 382,995 397,737 596,835 1,046,900 530,316	Investments £ 79,628 208,425 76,747 42,064 135,029 29,660 49,553 30,373 153,692 50,545 12,422 109,604 166,481 26,269	Debtors and Prepayments £ 14,469 15,992 4,910 12,831 12,789 10,021 14,619 364 5,443 459 7,534 2,345 14,607 13,649	Cash at Bank and in Hand £ 78,508 26,545 7,899 5,072 37,743 1,015 39,921 1,014 21,427 24,661 38,072 89,619 34,618 33,008	Creditors: Amounts due within One Year £ (3,727) (7,144) (1,200) (7,920) (2,764) (7,109) (2,136) (5,496) (1,809) (3,366) (2,850) (11,898) (8,473) (2,108)	Creditors: Amount due in more than One Year £ - - - (35,313) - (34,680) - (23,286) - - - - - -	Net Assets £ 1,229,509 1,039,292 184,195 534,121 791,602 711,569 649,305 242,305 766,836 455,294 452,915 786,505 1,254,133 601,134


8,120,348	1,170,492	130,032	439,122	(68,000)	(93,279)	9,698,715

1,013,115	40,800	20,039	75,212	(3,016)	-	1,146,150
759,837	196,242	1,865	20,604	(6,665)	-	971,883
81,226	67,995	5,839	5,615	(1,194)	-	159,481
438,501	33,442	9,071	-	(7,738)	(40,963)	432,313
515,980	117,530	11,937	26,507	(3,488)	-	668,466
604,001	25,082	7,879	-	(6,989)	(40,229)	589,744
522,827	28,621	11,748	38,245	(1,740)	-	599,701
202,844	25,753	4,451	-	(3,721)	(25,528)	203,799
498,418	125,513	14,736	10,875	(2,066)	-	647,476
324,599	47,280	318	23,626	(11,561)	-	384,262
379,918	9,799	4,741	36,474	(2,297)	-	428,635
570,096	103,197	1,300	85,856	(19,739)	-	740,710
1,000,000	156,750	39,946	4,216	(8,609)	-	1,192,303
506,558	15,261	16,949	26,740	(1,652)	-	563,856
7,417,920	993,265	150,819	353,970	(80,475)	(106,720)	8,728,779

BRIGHTLINGSEA SANTIAGO ALMSHOUSE

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 53,344 (1,509) 51,835 - - 3,441 3,441 55,276 70 - - 1,042 5,479 3,000 2,294 1,470 1,166 (100) - -	2023 £ £ 53,344 (1,509) 51,835 - - 3,441 3,441 55,276 70 - - 1,042 5,479 3,000 2,294 1,470 1,166 (100) - -	2022	2022	2022
		£ £



		52,137
		-
		52,137


		-
		-
		909
		909

			53,046





		-
		-
		-
		1,133
		3,463
		2,080
		-
		1,270
		1,272
		-
		58
		-
6,800 2,040 - - -	14,421 8,840 23,261 32,015 3,828 35,843 47,516 83,359 1,146,150 1,229,509	9,276

		6,400
		1,908
		-
		-
		-
		8,308
			17,584

			35,462

		(81)

			35,381


		160,109

		195,490


		950,660
				1,146,150

This page does not form part of the statutory financial statements

BRIGHTLINGSEA SANTIAGO ALMSHOUSE

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 1,013,115 - - 47,516 1,060,631 40,800 35,000 - 3,828 79,628 1,140,259 2,320 - 10,749 1,400 14,469 - 78,508 78,508 92,977 - (1,687) - - (2,040) (3,727) 89,250 1,229,509 - 1,229,509 - 292,988 632,643 925,631 135,000 28,792 30,955 109,131 168,878 1,229,509	2022	2022
		£ £


		853,006
		-
		-
		160,109
		1,013,115


		20,881
		20,000
		-
		(81)
		40,800
			1,053,915


		1,766
		-
		17,059
		1,214
		20,039

		-
		75,212
		75,212
			95,251

		-
		(1,108)
		-
		-
		(1,908)
		(3,016)

			92,235

		1,146,150


		-

			1,146,150



		-
		292,988
		585,127
		878,115

		135,000

		25,486
		24,505
		83,044
		133,035
			1,146,150

This page does not form part of the statutory financial statements

BRIGHTLINGSEA SANTIAGO ALMSHOUSE

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 292,988 585,127	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 47,516	Balances Carried Forward £ - 292,988 632,643

878,115	-	-	-	-	47,516	925,631
135,000	-	-	-	-	-	135,000
25,486 24,505 83,044	- - 55,276	(2,294) - (20,967)	- 1,698 2,130	5,600 4,752 (10,352)	- - -	28,792 30,955 109,131
133,035	55,276	(23,261)	3,828	-	-	168,878

1,146,150	55,276	(23,261)	3,828	-	47,516	1,229,509


-	-	-	-	-	-	-
292,988	-	-	-	-	-	292,988
425,018	-	-	-	-	160,109	585,127
718,006	-	-	-	-	160,109	878,115

135,000	-	-	-	-	-	135,000


18,302	-	-	-	7,184	-	25,486
20,009	-	-	104	4,392	-	24,505
59,343	53,046	(17,584)	(185)	(11,576)	-	83,044
97,654	53,046	(17,584)	(81)	-	-	133,035

950,660	53,046	(17,584)	(81)	-	160,109	1,146,150

This page does not form part of the statutory financial statements

BRIGHTLINGSEA SANTIAGO ALMSHOUSE

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	Fixed Assets Freehold Property Investments £ £ - - 292,988 - 632,643 - 135,000 - - - - 30,955 - 48,673 1,060,631 79,628		Net Current Assets Less Long Term Loans £ - - - - 28,792 - 60,458 89,250	Total £ - 292,988 632,643 135,000 28,792 30,955 109,131 1,229,509

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Social Housing Grant Fund

The Social Housing Grant Fund is a restricted fund and represents the grant received of £135,000 in connection with the housing property improvements.

Cyclical Maintenance Fund

The Cyclical Maintenance Fund is unrestricted but designated by the Trustees for future cyclical repairs as they arise. A transfer is made from the General Fund each year being a specific amount as agreed by the Trustees.

Extraordinary Repair Fund

The Extraordinary Repair Fund is unrestricted but designated by the Trustees for future major repairs, improvements and rebuilding of the housing properties. A transfer is made from the General Fund each year being a specific amount as agreed by the Trustees. The fund is required by the Scheme to be specifically invested with income from these investments added to the Fund.

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

CHELMSFORD ALMSHOUSE CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 41,969 - 41,969 - - 1,002 1,002 42,971 - 127 6,087 954 2,776 5,218 - 1,320 - - - -	2023 £ £ 41,969 - 41,969 - - 1,002 1,002 42,971 - 127 6,087 954 2,776 5,218 - 1,320 - - - -	2022	2022	2022
		£ £



		38,745
		(1,728)
		37,017


		-
		-
		183
		183

			37,200





		-
		289
		5,709
		866
		1,906
		402
		3,541
		1,405
		-
		-
		-
		-
5,100 1,800 - - -	16,482 6,900 23,382 19,589 12,183 31,772 35,637 67,409 971,883 1,039,292	14,118

		4,800
		1,674
		-
		-
		-
		6,474
			20,592

			16,608

		1,539

			18,147


		120,083

		138,230


		833,653
				971,883

This page does not form part of the statutory financial statements

CHELMSFORD ALMSHOUSE CHARITY

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 759,837 - - 35,637 795,474 196,242 - - 12,183 208,425 1,003,899 801 - 14,089 1,102 15,992 - 26,545 26,545 42,537 - (158) (3,798) - (3,188) (7,144) 35,393 1,039,292 - 1,039,292 19,268 21,241 774,233 814,742 - 17,568 30,124 176,858 224,550 1,039,292	2022	2022
		£ £


		639,754
		-
		-
		120,083
		759,837


		194,703
		-
		-
		1,539
		196,242
			956,079


		877
		-
		-
		988
		1,865

		-
		20,604
		20,604
			22,469

		-
		(143)
		(4,336)
		(195)
		(1,991)
		(6,665)

			15,804

		971,883


		-

			971,883



		18,142
		21,241
		738,596
		777,979

		-

		13,368
		25,200
		155,336
		193,904
			971,883

This page does not form part of the statutory financial statements

CHELMSFORD ALMSHOUSE CHARITY

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ 18,142 21,241 738,596	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ 1,126 - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 35,637	Balances Carried Forward £ 19,268 21,241 774,233

777,979	-	-	1,126	-	35,637	814,742
-	-	-	-	-	-	-
13,368 25,200 155,336	- - 42,971	- - (23,382)	- 1,360 9,697	4,200 3,564 (7,764)	- - -	17,568 30,124 176,858
193,904	42,971	(23,382)	11,057	-	-	224,550

971,883	42,971	(23,382)	12,183	-	35,637	1,039,292


18,000	-	-	142	-	-	18,142
21,241	-	-	-	-	-	21,241
618,513	-	-	-	-	120,083	738,596
657,754	-	-	142	-	120,083	777,979

-	-	-	-	-	-	-


11,521	-	(3,541)	-	5,388	-	13,368
21,734	-	-	172	3,294	-	25,200
142,644	37,200	(17,051)	1,225	(8,682)	-	155,336
175,899	37,200	(20,592)	1,397	-	-	193,904

833,653	37,200	(20,592)	1,539	-	120,083	971,883

This page does not form part of the statutory financial statements

CHELMSFORD ALMSHOUSE CHARITY

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - 19,268 21,241 - 774,233 - - - - - - 23,266 - 165,891 795,474 208,425		Net Current Assets Less Long Term Loans £ - - - - 17,568 6,858 10,967 35,393	Total £ 19,268 21,241 774,233 - 17,568 30,124 176,858 1,039,292

Permanent Endowment Fund

The Permanent Endowment Fund is permanent endowment of the Charity with the fund balance being specifically invested. Income from these investments is available for the general purposes of the Charity.

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

DR WEST MEMORIAL HOME

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 8,482 - 8,482 - - 304 304 8,786 - - - 152 258 - - 477 - - - -	2023 £ £ 8,482 - 8,482 - - 304 304 8,786 - - - 152 258 - - 477 - - - -	2022	2022	2022
		£ £



		7,995
		-
		7,995


		-
		-
		64
		64

			8,059





		-
		-
		-
		140
		253
		-
		-
		356
		-
		-
		-
		-
850 1,200 - - -	887 2,050 2,937 5,849 4,252 10,101 14,613 24,714 159,481 184,195	749

		800
		1,080
		-
		-
		-
		1,880
			2,629

			5,430

		533

			5,963


		6,878

		12,841


		146,640
				159,481

This page does not form part of the statutory financial statements

DR WEST MEMORIAL HOME

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 81,226 - - 14,613 95,839 67,995 4,500 - 4,252 76,747 172,586 218 - 4,521 171 4,910 - 7,899 7,899 12,809 - - - - 1,200 1,200 11,609 184,195 - 184,195 - 60,118 35,721 95,839 - 7,144 17,138 64,074 88,356 184,195	2022	2022
		£ £


		74,348
		-
		-
		6,878
		81,226


		67,462
		-
		-
		533
		67,995
			149,221


		234
		-
		5,520
		85
		5,839

		-
		5,615
		5,615
			11,454

		-
		-
		(114)
		-
		(1,080)
		(1,194)

			10,260

		159,481


		-

			159,481



		-
		60,118
		21,108
		81,226

		-

		6,120
		15,606
		56,529
		78,255
			159,481

This page does not form part of the statutory financial statements

DR WEST MEMORIAL HOME

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 60,118 21,108	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 14,613	Balances Carried Forward £ - 60,118 35,721

81,226	-	-	-	-	14,613	95,839
-	-	-	-	-	-	-
6,120 15,606 56,529	- - 8,786	- - (2,937)	324 938 2,990	700 594 (1,294)	- - -	7,144 17,138 64,074
78,255	8,786	(2,937)	4,252	-	-	88,356

159,481	8,786	(2,937)	4,252	-	14,613	184,195


-	-	-	-	-	-	-
60,118	-	-	-	-	-	60,118
14,230	-	-	-	-	6,878	21,108
74,348	-	-	-	-	6,878	81,226

-	-	-	-	-	-	-


5,181	-	-	41	898	-	6,120
14,939	-	-	118	549	-	15,606
52,172	8,059	(2,629)	374	(1,447)	-	56,529
72,292	8,059	(2,629)	533	-	-	78,255

146,640	8,059	(2,629)	533	-	6,878	159,481

This page does not form part of the statutory financial statements

DR WEST MEMORIAL HOME

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Funds Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 60,118 - 35,721 - - - - 5,546 - 16,589 - 54,612 95,839 76,747		Net Current Assets Less Long Term Loans £ - - - - 1,598 549 9,462 11,609	Total £ - 60,118 35,721 - 7,144 17,138 64,074 184,185

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

HODDESDON COTTAGE HOMES FOR THE AGED POOR

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 28,839 - 28,839 - - 93 93 28,932 - - - 595 744 - - 1,818 - - 15 - 3,172 3,400 1,560 - - - 4,960 8,132 20,800 2,122 22,922 78,886 101,808 432,313 534,121	2022	2022
		£ £



		27,163
		-
		27,163


		-
		-
		-
		-

			27,163





		-
		-
		-
		533
		1,413
		-
		-
		1,454
		-
		-
		-
		-
		3,400

		3,200
		1,434
		-
		-
		-
		4,634
			8,034

			19,129

		62

			19,191


		37,129

		56,320


		375,993
			432,313

This page does not form part of the statutory financial statements

HODDESDON COTTAGE HOMES FOR THE AGED POOR

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 438,501 - - 78,886 517,387 33,442 6,500 - 2,122 42,064 559,451 64 - 12,375 392 12,831 - 5,072 5,072 17,903 (5,650) (710) - - (1,560) (7,920) 9,983 569,434 (35,313) 534,121 - 299,555 217,832 517,387 - 27,308 13,206 (23,780) 16,734 534,121	2022	2022
		£ £


		401,372
		-
		-
		37,129
		438,501


		23,380
		10,000
		-
		62
		33,442
			471,943


		365
		-
		8,433
		273
		9,071

		-
		-
		-
			9,071

		(5,650)
		(654)
		-
		-
		(1,434)
		(7,738)

			1,333

		473,276


		(40,963)

			432,313



		-
		299,555
		138,946
		438,501

		-

		23,485
		10,181
		(39,854)
		(6,188)
			432,313

This page does not form part of the statutory financial statements

HODDESDON COTTAGE HOMES FOR THE AGED POOR

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 299,555 138,946	Income £ - - -	Expenditure £ - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 78,886	Balances Carried Forward £ - 299,555 217,832

438,501	-	-	-	-	78,886	517,387
-	-	-	-	-	-	-
23,485 10,181 (39,854)	- - 28,932	- - (8,132)	1,023 649 450	2,800 2,376 (5,176)	- - -	27,308 13,206 (23,780)
(6,188)	28,932	(8,132)	2,122	-	-	16,734

432,313	28,932	(8,132)	2,122	-	78,886	534,121


-	-	-	-	-	-	-
299,555	-		-	-	-	299,555
101,817	-	-	-	-	37,129	138,946
401,372	-	-	-	-	37,129	438,501

-	-	-	-	-	-	-


19,836	-	-	57	3,592	-	23,485
7,949	-	-	36	2,196	-	10,181
(53,164)	27,163	(8,034)	(31)	(5,788)	-	(39,854)
(25,379)	27,163	(8,034)	62	-	-	(6,188)

375,993	27,163	(8,034)	62	-	37,129	432,313

This page does not form part of the statutory financial statements

HODDESDON COTTAGE HOMES FOR THE AGED POOR

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 299,555 - 217,832 - - - - 17,505 - 13,206 - 11,353 517,387 42,064		Net Current Assets Less Long Term Loans £ - - - - 9,803 - (35,133) (25,330)	Total £ - 299,555 217,832 - 27,308 13,206 (23,780) 534,121

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

MISS RUTLAND’S ALMSHOUSES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 29,037 - 29,037 - - 1,331 1,331 30,368 92 - 29 686 1,421 - - 353 - - 15 - 2,596 3,400 1,560 - - - 4,960 7,556 22,812 7,499 30,311 92,825 123,136 668,466 791,602	2022	2022
		£ £



		27,314
		-
		27,314


		-
		-
		314
		314

			27,628





		-
		-
		131
		613
		3,655
		14,356
		-
		855
		-
		-
		(14)
		-
		19,596

		3,200
		1,434
		-
		-
		-
		4,634
			24,230

			3,398

		921

			4,319


		43,688

		48,007


		620,459
			668,466

This page does not form part of the statutory financial statements

MISS RUTLAND’S ALMSHOUSES

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 515,980 - - 92,825 608,805 117,530 10,000 - 7,499 135,029 743,834 2,610 - 9,595 584 12,789 - 37,743 37,743 50,532 - (1,204) - - (1,560) (2,764) 47,768 791,602 - 791,602 - 248,952 359,853 608,805 - 22,829 22,711 137,257 182,797 791,602	2022	2022
		£ £


		472,292
		-
		-
		43,688
		515,980


		116,609
		-
		-
		921
		117,530
			633,510


		1,311
		29
		10,217
		380
		11,937

		-
		26,507
		26,507
			38,444

		-
		(2,054)
		-
		-
		(1,434)
		(3,488)

			34,956

		668,466


		-

			668,466



		-
		248,952
		267,028
		515,980

		-

		19,268
		19,352
		113,866
		152,486
			668,466

This page does not form part of the statutory financial statements

MISS RUTLAND’S ALMSHOUSES

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 248,952 267,028	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 92,825	Balances Carried Forward £ - 248,952 359,853

515,980	-	-	-	-	92,825	608,805
-	-	-	-	-	-	-
19,268 19,352 113,866	- - 30,368	- - (7,556)	761 983 5,755	2,800 2,376 (5,176)	- - -	22,829 22,711 137,257
152,486	30,368	(7,556)	7,499	-	-	182,797

668,466	30,368	(7,556)	7,499	-	92,825	791,602


-	-	-	-	-	-	-
248,952	-	-	-	-	-	248,952
223,340	-	-	-	-	43,688	267,028
472,292	-	-	-	-	43,688	515,980

-	-	-	-	-	-	-


15,579	-	-	97	3,592	-	19,268
17,038	-	-	118	2,196	-	19,352
115,550	27,628	(24,230)	706	(5,788)	-	113,866
148,167	27,628	(24,230)	921	-	-	152,486

620,459	27,628	(24,230)	921	-	43,688	668,466

This page does not form part of the statutory financial statements

MISS RUTLAND’S ALMSHOUSES

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 248,952 - 359,853 - - - - 13,021 - 18,427 - 103,581 608,805 135,029		Net Current Assets Less Long Term Loans £ - - - - 9,808 4,284 33,676 47,768	Total £ - 248,952 359,853 - 22,829 22,711 137,257 791,602

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

NETHANIAH HOME

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 21,960 (1,610) 20,350 - - 19 19 20,369 78 - - 795 1,994 - - - - 436 120 - 3,423 3,400 1,560 - 400 - 5,360 8,783 11,586 1,578 13,164 108,661 121,825 589,744 711,569	2022	2022
		£ £



		20,659
		-
		20,659


		-
		-
		-
		-

			20,659





		-
		-
		-
		703
		3,542
		8,527
		-
		-
		-
		-
		30
		-
		12,802

		3,200
		1,434
		-
		-
		-
		4,634
			17,436

			3,223

		197

			3,420


		51,141

		54,561


		535,183
			589,744

This page does not form part of the statutory financial statements

NETHANIAH HOME

DETAILED BALANCE SHEET AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 604,001 - - 108,661 712,662 25,082 3,000 - 1,578 29,660 742,322 2,743 - 6,795 483 10,021 - 1,015 1,015 11,036 (5,549) - - - (1,560) (7,109) 3,927 746,249 (34,680) 711,569 - 171,750 498,912 670,662 42,000 19,679 7,342 (28,114) (1,093) 711,569	2022	2022
		£ £


		552,860
		-
		-
		51,141
		604,001


		24,885
		-
		-
		197
		25,082
			629,083


		4,190
		-
		3,328
		361
		7,879

		-
		-
		-
			7,879

		(5,549)
		(6)
		-
		-
		(1,434)
		(6,989)

			890

		629,973


		(40,229)

			589,744



		-
		171,750
		390,251
		562,001

		42,000

		16,454
		4,660
		(35,371)
		(14,257)
			589,744

This page does not form part of the statutory financial statements

NETHANIAH HOME

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 171,750 390,251	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 108,661	Balances Carried Forward £ - 171,750 498,912

562,001	-	-	-	-	108,661	670,662
42,000	-	-	-	-	-	42,000
16,454 4,660 (35,371)	- - 20,369	- - (8,783)	425 306 847	2,800 2,376 (5,176)	- - -	19,679 7,342 (28,114)
(14,257)	20,369	(8,783)	1,578	-	-	(1,093)

589,744	20,369	(8,783)	1,578	-	108,661	711,569


-	-	-	-	-	-	-
171,750	-	-	-	-	-	171,750
339,110	-	-	-	-	51,141	390,251
510,860	-	-	-	-	51,141	562,001

42,000	-	-	-	-	-	42,000


12,793	-	-	69	3,592	-	16,454
4,623	-	-	37	-	-	4,660
(35,093)	20,659	(17,436)	91	(3,592)	-	(35,371)
(17,677)	20,659	(17,436)	197	-	-	(14,257)

535,183	20,659	(17,436)	197	-	51,141	589,744

This page does not form part of the statutory financial statements

NETHANIAH HOME

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 171,750 - 498,912 - 42,000 - - 11,026 - 7,342 - 11,292 712,662 29,660		Net Current Assets Less Long Term Loans £ - - - - 8,653 - (39,406) (30,753)	Total £ - 171,750 498,912 42,000 19,679 7,342 (28,114) 711,569

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Social Housing Grant Fund

The Social Housing Grant Fund is a restricted fund and represents the grant received of £42,000 in connection with the housing property improvements.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

LOUGHTON ALMSHOUSE CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 29,416 - 29,416 - - 1,750 1,750 31,166 - - - 638 987 - - 1,900 - - 30 -	2023 £ £ 29,416 - 29,416 - - 1,750 1,750 31,166 - - - 638 987 - - 1,900 - - 30 -	2022	2022	2022
		£ £



		27,779
		-
		27,779


		-
		-
		456
		456

			28,235





		53
		-
		-
		560
		1,577
		4,200
		-
		1,600
		-
		-
		19
		-
3,400 1,560 - - -	3,555 4,960 8,515 22,651 2,432 25,083 24,521 49,604 599,701 649,305	8,009

		3,200
		1,434
		-
		-
		-
		4,634
			12,643

			15,592

		124

			15,716


		72,827

		88,543


		511,158
				599,701

This page does not form part of the statutory financial statements

LOUGHTON ALMSHOUSE CHARITY

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 522,827 - - 24,521 547,348 28,621 18,500 - 2,432 49,553 596,901 2,942 - 10,826 851 14,619 - 39,921 39,921 54,540 - (576) - - (1,560) (2,136) 52,404 649,305 - 649,305 - 15,977 412,505 428,482 118,866 21,112 24,115 56,730 101,957 649,305	2022	2022
		£ £


		450,000
		-
		-
		72,827
		522,827


		23,497
		5,000
		-
		124
		28,621
			551,448


		1,806
		-
		9,219
		723
		11,748

		-
		38,245
		38,245
			49,993

		-
		(306)
		-
		-
		(1,434)
		(1,740)

			48,253

		599,701


		-

			599,701



		-
		15,977
		387,984
		403,961

		118,866

		17,691
		20,943
		38,240
		76,874
			599,701

This page does not form part of the statutory financial statements

LOUGHTON ALMSHOUSE CHARITY

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 15,977 387,984	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 24,521	Balances Carried Forward £ - 15,977 412,505

403,961	-	-	-	-	24,521	428,482
118,866	-	-	-	-	-	118,866
17,691 20,943 38,240	- - 31,166	- - (8,515)	621 796 1,015	2,800 2,376 (5,176)	- - -	21,112 24,115 56,730
76,874	31,166	(8,515)	2,432	-	-	101,957

599,701	31,166	(8,515)	2,432	-	24,521	649,305


-	-	-	-	-	-	-
15,977	-	-	-	-	-	15,977
315,157	-	-	-	-	72,827	387,984
331,134	-	-	-	-	72,827	403,961

118,866	-	-	-	-	-	118,866


14,021	-	-	78	3,592	-	17,691
22,902	-	(4,200)	45	2,196	-	20,943
24,235	28,235	(8,443)	1	(5,788)	-	38,240
61,158	28,235	(12,643)	124	-	-	76,874

551,158	28,235	(12,643)	124	-	72,827	599,701

This page does not form part of the statutory financial statements

LOUGHTON ALMSHOUSE CHARITY

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 15,977 - 412,505 - 118,866 - - 10,622 - 14,636 - 24,295 547,348 49,553		Net Current Assets Less Long Term Loans £ - - - - 10,490 9,479 32,435 52,404	Total £ - 15,977 412,505 118,866 21,112 24,115 56,730 649,305

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Social Housing Grant Fund

The Social Housing Grant Fund is a restricted fund and represents the grant received of £118,866 in connection with the housing property improvements.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

SPROWSTON WAR MEMORIAL TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 11,462 - 11,462 - - 19 19 11,481 - - - 304 205 5,784 - - - - - 1,544 7,837 1,700 1,320 230 - - 3,250 11,087 394 1,620 2,014 36,492 38,506 203,799 242,305	2022	2022
		£ £



		11,105
		-
		11,105


		-
		-
		-
		-

			11,105





		-
		-
		-
		274
		1,246
		-
		-
		-
		-
		-
		-
		1,840
		3,360

		1,600
		1,194
		-
		-
		-
		2,794
			6,154

			4,951

		102

			5,053


		17,176

		22,229


		181,570
			203,799

This page does not form part of the statutory financial statements

SPROWSTON WAR MEMORIAL TRUST

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 202,844 - - 36,492 239,336 25,753 3,000 - 1,620 30,373 269,709 141 - - 223 364 - 1,014 1,014 1,378 (2,004) - - (2,172) (1,320) (5,496) (4,118) 265,591 (23,286) 242,305 - 112,275 101,771 214,046 - 6,988 16,716 4,555 28,259 242,305	2022	2022
		£ £


		185,668
		-
		-
		17,176
		202,844


		20,651
		5,000
		-
		102
		25,753
			228,597


		-
		-
		4,311
		140
		4,451

		-
		-
		-
			4,451

		(1,867)
		(660)
		-
		-
		(1,194)
		(3,721)

			730

		229,327


		(25,528)

			203,799



		-
		110,170
		65,279
		175,449

		-

		5,345
		14,613
		8,392
		28,350
			203,799

This page does not form part of the statutory financial statements

SPROWSTON WAR MEMORIAL TRUST

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 110,170 65,279	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - 2,105 -	Gains/Losses on Revaluation Of Housing Properties £ - - 36,492	Balances Carried Forward £ - 112,275 101,771

175,449	-	-	-	2,105	36,492	214,046
-	-	-	-	-	-	-
5,345 14,613 8,392	- - 11,481	- - (11,087)	243 915 462	1,400 1,188 (4,693)	- - -	6,988 16,716 4,555
28,350	11,481	(11,087)	1,620	(2,105)	-	28,259

203,799	11,481	(11,087)	1,620	-	36,492	242,305


-	-	-	-	-	-	-
108,361	-	-	-	1,809	-	110,170
48,103	-	-	-	-	17,176	65,279
156,464	-	-	-	1,809	17,176	175,449

-	-	-	-	-	-	-


3,557	-	-	(8)	1,796	-	5,345
13,422	-	-	93	1,098	-	14,613
8,127	11,105	(6,154)	17	(4,703)	-	8,392
25,106	11,105	(6,154)	102	(1,809)	-	28,350

181,570	11,105	(6,154)	102	-	17,176	203,799

This page does not form part of the statutory financial statements

SPROWSTON WAR MEMORIAL TRUST

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 137,565 - 101,771 - - - - 4,266 - 16,716 - 9,391 239,336 30,373		Net Current Assets Less Long Term Loans £ - (25,290) - - 2,722 - (4,836) (27,404)	Total £ - 112,275 101,771 - 6,988 16,716 4,555 242,305

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

JOHN GILDERS & MASKELL ALMSHOUSE CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees‘ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 24,675 - 24,675 - 14 616 630 25,305 - - - 670 3,136 - - - - - 23 - 3,829 3,400 1,560 - - - 4,960 8,789 16,516 13,179 29,695 89,665 119,360 647,476 766,836	2022	2022
		£ £



		23,213
		-
		23,213


		-
		4
		122
		126

			23,339





		-
		-
		-
		599
		3,672
		-
		-
		-
		-
		-
		31
		-
		4,302

		3,200
		1,434
		-
		-
		-
		4,634
			8,936

			14,403

		(7,946)

			6,457


		42,201

		48,658


		598,818
			647,476

This page does not form part of the statutory financial statements

JOHN GILDERS & MASKELL ALMSHOUSE CHARITY

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 498,418 - - 89,665 588,083 125,513 15,000 - 13,179 153,692 741,775 1,116 - 3,825 502 5,443 - 21,427 21,427 26,870 - (249) - - (1,560) (1,809) 25,061 766,836 - 766,836 - 35,809 522,544 558,353 29,730 40,969 64,771 73,013 178,753 766,836	2022	2022
		£ £


		456,217
		-
		-
		42,201
		498,418


		133,459
		-
		-
		(7,946)
		125,513
			623,931


		1,074
		-
		13,326
		336
		14,736

		-
		10,875
		10,875
			25,611

		-
		(632)
		-
		-
		(1,434)
		(2,066)

			23,545

		647,476


		-

			647,476



		-
		35,809
		432,879
		468,688

		29,730

		34,574
		57,298
		57,186
		149,058
			647,476

This page does not form part of the statutory financial statements

JOHN GILDERS & MASKELL ALMSHOUSE CHARITY

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 35,809 432,879	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 89,665	Balances Carried Forward £ - 35,809 522,544

468,688	-	-	-	-	89,665	558,353
29,730	-	-	-	-	-	29,730
34,574 57,298 57,186	- - 25,305	- - (8,789)	3,595 5,097 4,487	2,800 2,376 (5,176)	- - -	40,969 64,771 73,013
149,058	25,305	(8,789)	13,179	-	-	178,753

647,476	35,305	(8,789)	13,179	-	89,665	766,836


-	-	-	-	-	-	-
35,809	-	-	-	-	-	35,809
390,678	-	-	-	-	42,201	432,879
426,487	-	-	-	-	42,201	468,688

29,730	-	-	-	-	-	29,730


33,646	-	-	(2,664)	3,592	-	34,574
57,508	-	-	(2,406)	2,196	-	57,298
51,447	23,339	(8,936)	(2,876)	(5,788)	-	57,186
142,601	23,339	(8,936)	(7,946)	-	-	149,058

598,818	23,339	(8,936)	(7,946)	-	42,201	647,476

This page does not form part of the statutory financial statements

JOHN GILDERS & MASKELL ALMSHOUSE CHARITY

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 35,809 - 522,544 - 29,730 - - 34,577 - 62,575 - 56,540 588,083 153,692		Net Current Assets Less Long Term Loans £ - - - - 6,392 2,196 16,473 25,061	Total £ - 35,809 522,544 29,730 40,969 64,771 73,013 766,836

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Social Housing Grant Fund

The Social Housing Grant Fund is a restricted fund and represents the grant received of £29,730 in connection with the housing property improvements.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

SPRINGFIELD GREEN ALMSHOUSES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 14,948 (214) 14,734 - 331 1,081 1,412 16,146 - 162 - 559 3,034 - - - - - - - 3,755 1,700 1,320 - - - 3,020 6,775 9,371 3,265 12,636 58,396 71,032 384,262 455,294	2022	2022
		£ £



		13,912
		-
		13,912


		-
		330
		271
		601

			14,513





		-
		151
		-
		499
		1,649
		-
		-
		-
		-
		-
		75
		1,109
		3,483

		1,600
		1,194
		-
		-
		-
		2,794
			6,277

			8,236

		(1,171)

			7,065


		27,484

		34,549


		349,713
			384,262

This page does not form part of the statutory financial statements

SPRINGFIELD GREEN ALMSHOUSES

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 324,599 - - 58,396 382,995 47,280 - - 3,265 50,545 433,540 - - - 459 459 - 24,661 24,661 25,120 - (376) (91) (1,579) (1,320) (3,366) 21,754 455,294 - 455,294 17,801 101,261 281,734 400,796 - 12,623 16,976 24,899 54,498 455,294	2022	2022
		£ £


		297,115
		-
		-
		27,484
		324,599


		48,451
		-
		-
		(1,171)
		47,280
			371,879


		2
		-
		-
		316
		318

		-
		23,626
		23,626
			23,944

		-
		(211)
		(86)
		(10,070)
		(1,194)
		(11,561)

			12,383

		384,262


		-

			384,262



		16,450
		101,261
		223,338
		341,049

		-

		11,223
		14,929
		17,061
		43,213
			384,262

This page does not form part of the statutory financial statements

SPRINGFIELD GREEN ALMSHOUSES

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ 16,450 101,261 223,338	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ 1,351 - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 58,396	Balances Carried Forward £ 17,801 101,261 281,734

341,049	-	-	1,351	-	58,396	400,796
-	-	-	-	-	-	-
11,223 14,929 17,061	- - 16,146	- - (6,775)	- 859 1,055	1,400 1,188 (2,588)	- - -	12,623 16,976 24,899
43,213	16,146	(6,775)	1,914	-	-	54,498

384,262	16,146	(6,775)	3,265	-	58,396	455,294


17,863	-	-	(1,413)	-	-	16,450
82,328	-	-	-	18,933	-	101,261
195,854	-	-	-	-	27,484	223,338
296,045	-	-	(1,413)	18,933	27,484	341,049

-	-	-	-	-	-	-


9,427	-	-	-	1,796	-	11,223
13,723	-	-	108	1,098	-	14,929
30,518	14,513	(6,277)	134	(21,827)	-	17,061
53,668	14,513	(6,277)	242	(18,933)	-	43,213

349,713	14,513	(6,277)	(1,171)	-	27,484	384,262

This page does not form part of the statutory financial statements

SPRINGFIELD GREEN ALMSHOUSES

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - 17,801 101,261 - 281,734 - - - - - - 14,690 - 18,054 382,995 50,545		Net Current Assets Less Long Term Loans £ - - - - 12,623 2,286 6,845 21,754	Total £ 17,801 101,261 281,734 - 12,623 16,976 24,899 455,294

Permanent Endowment Fund

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

WRITTLE ALMSHOUSE CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 17,146 - 17,146 - - 1,669 1,669 18,815 - - 4,814 510 2,283 - - 1,380 - - - -	2023 £ £ 17,146 - 17,146 - - 1,669 1,669 18,815 - - 4,814 510 2,283 - - 1,380 - - - -	2022	2022	2022
		£ £



		15,369
		-
		15,369


		-
		-
		424
		424

			15,793





		-
		-
		1,653
		465
		2,059
		-
		-
		1,780
		-
		-
		75
		-
2,550 1,440 - - -	8,987 3,990 12,977 5,838 623 6,461 17,819 24,280 428,635 452,915	6,032

		2,400
		1,320
		-
		-
		-
		3,720
			9,752

			6,041

		77

			6,118


		60,041

		66,159


		362,476
				428,635

This page does not form part of the statutory financial statements

WRITTLE ALMSHOUSE CHARITY

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 379,918 - - 17,819 397,737 9,799 2,000 - 623 12,422 410,159 598 - 6,192 744 7,534 - 38,072 38,072 45,606 - (796) - - (2,054) (2,850) 42,756 452,915 - 452,915 - 56,368 341,369 397,737 - 11,657 19,922 23,599 55,178 452,915	2022	2022
		£ £


		319,877
		-
		-
		60,041
		379,918

		9,722
		-
		-
		77
		9,799
			389,717


		563
		-
		3,584
		594
		4,741

		-
		36,474
		36,474
			41,215

		-
		(796)
		-
		-
		(1,501)
		(2,297)

			38,918

		428,635


		-

			428,635



		-
		56,368
		323,550
		379,918

		-

		9,557
		17,897
		21,263
		48,717
			428,635

This page does not form part of the statutory financial statements

WRITTLE ALMSHOUSE CHARITY

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 56,368 323,550	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 17,819	Balances Carried Forward £ - 56,368 341,369

379,918	-	-	-	-	17,819	397,737
-	-	-	-	-	-	-
9,557 17,897 21,263	- - 18,815	- - (12,977)	- 243 380	2,100 1,782 (3,882)	- - -	11,657 19,922 23,599
48,717	18,815	(12,977)	623	-	-	55,178

428,635	18,815	(12,977)	623	-	17,819	452,915


-	-	-	-	-	-	-
56,368	-	-	-	-	-	56,368
263,509	-	-	-	-	60,041	323,550
319,877	-	-	-	-	60,041	379,918

-	-	-	-	-	-	-


6,863	-	-	-	2,694	-	9,557
16,221	-	-	29	1,647	-	17,897
19,515	15,793	(9,752)	48	(4,341)	-	21,263
42,599	15,793	(9,752)	77	-	-	48,717

362,476	15,793	(9,752)	77	-	60,041	428,635

This page does not form part of the statutory financial statements

WRITTLE ALMSHOUSE CHARITY

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 56,368 - 341,369 - - - - - - 5,739 - 6,683 397,737 12,422		Net Current Assets Less Long Term Loans £ - - - - 11,657 14,183 16,916 42,756	Total £ - 56,368 341,369 - 11,657 19,922 23,599 452,915

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

ERNEST ELIJAH EVERITT TRUST

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2022	2022	2022
£ £



19,499
(2,870)
16,629


-
-
1,049
1,049

	17,678





533
-
-
629
2,960
12,000
1,210
-
-
311
-
-
17,643

3,200
1,434
-
-
-
4,634
	22,277

	(4,599)

809

	(3,790)


90,096

86,306


654,404
		740,710

This page does not form part of the statutory financial statements

ERNEST ELIJAH EVERITT TRUST

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 570,096 - - 26,739 596,835 103,197 - - 6,407 109,604 706,439 1,229 - - 1,116 2,345 - 89,619 89,619 91,964 - - - (10,338) (1,560) (11,898) 80,066 786,505 - 786,505 - 480,000 116,835 596,835 - 12,185 8,852 168,633 189,670 786,505	2022	2022
		£ £


		480,000
		-
		-
		90,096
		570,096


		102,388
		-
		-
		809
		103,197
			673,293


		402
		-
		-
		898
		1,300

		-
		85,856
		85,856
			87,156

		-
		-
		-
		(18,305)
		(1,434)
		(19,739)

			67,417

		740,710


		-

			740,710



		-
		480,000
		90,096
		570,096

		-

		9,385
		6,476
		154,753
		170,614
			740,710

This page does not form part of the statutory financial statements

ERNEST ELIJAH EVERITT TRUST

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 480,000 90,096	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 26,739	Balances Carried Forward £ - 480,000 116,835

570,096	-	-	-	-	26,739	596,835
-	-	-	-	-	-	-
9,385 6,476 154,753	- - 26,240	- - (13,591)	- - 6,407	2,800 2,376 (5,176)	- - -	12,185 8,852 168,633
170,614	26,240	(13,591)	6,407	-	-	189,670

740,710	26,240	(13,591)	6,407	-	26,739	786,505


-	-	-	-	-	-	-
480,000	-	-	-	-	-	480,000
-	-	-	-	-	90,096	90,096
480,000	-	-	-	-	90,096	570,096

-	-	-	-	-	-	-


7,003	-	(1,210)	-	3,592	-	9,385
4,280	-	-	-	2,196	-	6,476
163,121	17,678	(21,067)	809	(5,788)	-	154,753
174,404	17,678	(22,277)	809	-	-	170,614

654,404	17,678	(22,277)	809	-	90,096	740,710

This page does not form part of the statutory financial statements

ERNEST ELIJAH EVERITT TRUST

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 480,000 - 116,835 - - - - - - - - 109,604 596,835 109,604		Net Current Assets Less Long Term Loans £ - - - - 12,185 8,852 59,029 80,066	Total £ - 480,000 116,835 - 12,185 8,852 168,633 786,505

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

MARY DAINS COTTAGES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

2023 £ £ 44,290 (3,520) 40,770 - - 540 540 41,310 - 1,127 8,960 926 6,348 8,096 1,367 2,329 - 35 23 - -	2023 £ £ 44,290 (3,520) 40,770 - - 540 540 41,310 - 1,127 8,960 926 6,348 8,096 1,367 2,329 - 35 23 - -	2022	2022	2022
		£ £



		39,333
		(990)
		38,343


		-
		-
		62
		62

			38,405





		-
		960
		9,803
		1,059
		4,826
		-
		-
		1,543
		-
		-
		15
		-
		-
5,100 1,800 - - -	29,211 6,900 36,111 5,199 9,731 14,930 46,900 61,830 1,192,303 1,254,133	18,206

		4,800
		1,674
		-
		995
		-
		7,469
			25,675

			12,730

		1,229

			13,959


		158,427

		172,386

		1,019,917

				1,192,303

This page does not form part of the statutory financial statements

MARY DAINS COTTAGES

DETAILED BALANCE SHEET AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 1,000,000 - - 46,900 1,046,900 156,750 - - 9,731 166,481 1,213,381 130 - 13,380 1,097 14,607 - 34,618 34,618 49,225 - (1,090) (4,376) - (3,007) (8,473) 40,752 1,254,133 - 1,254,133 - 841,573 205,327 1,046,900 - 18,725 13,279 175,229 207,233 1,254,133	2022	2022
		£ £


		841,573
		-
		-
		158,427
		1,000,000


		155,521
		-
		-
		1,229
		156,750
			1,156,750


		278
		-
		38,749
		919
		39,946

		-
		4,216
		4,216
			44,162

		-
		(692)
		(4,321)
		-
		(3,596)
		(8,609)

			35,553

		1,192,303


		-

			1,192,303



		-
		841,573
		158,427
		1,000,000

		-

		15,892
		9,715
		166,696
		192,303
			1,192,303

This page does not form part of the statutory financial statements

MARY DAINS COTTAGES

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 841,573 158,427	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 46,900	Balances Carried Forward £ - 841,573 205,327

1,000,000	-	-	-	-	46,900	1,046,900
-	-	-	-	-	-	-
15,892 9,715 166,696	- - 41,310	(1,367) - (34,744)	- - 9,731	4,200 3,564 (7,764)	- - -	18,725 13,279 175,229
192,303	41,310	(36,111)	9,731	-	-	207,233

1,192,303	41,310	(36,111)	9,731	-	46,900	1,254,133


-	-	-	-	-	-	-
841,573	-	-	-	-	-	841,573
-	-	-	-	-	158,427	158,427
841,573	-	-	-	-	158,427	1,000,000

-	-	-	-	-	-	-


10,504	-	-	-	5,388	-	15,892
6,421	-	-	-	3,294	-	9,715
161,419	38,405	(25,675)	1,229	(8,682)	-	166,696
178,344	38,405	(25,675)	1,229	-	-	192,303

1,019,917	38,405	(25,675)	1,229	-	158,427	1,192,303

This page does not form part of the statutory financial statements

MARY DAINS COTTAGES

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	Fixed Assets Freehold Property Investments £ £ - - 841,573 - 205,327 - - - - - - - - 166,481 1,046,900 166,481		Net Current Assets Less Long Term Loans £ - - - - 18,725 13,279 8,748 40,752	Total £ - 841,573 205,327 - 18,725 13,279 175,229 1,254,133

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

COPLAND ALMSHOUSE CHARITY

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Contributions Due Losses from Voids INVESTMENT INCOME M&G Multi Charity Income Share Dividends COIF Income Share Dividends COIF Deposit Account Interest Receivable TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Costs Vacant Property Costs Water Charges Light and Heat Insurance Repairs and Renewals Extraordinary Repairs Cyclical Repairs Gardening Cleaning Bad Debts Sundry Expenses Housing Loan Interest Support Costs – Governance Administration Fees Auditor’s Remuneration Trustees’ Expenses Legal and Professional Fees Almshouse Association Subscription TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE GAINS AND LOSSES NET INVESTMENT GAINS/(LOSSES) NET INCOME/(EXPENDITURE) OTHER RECOGNISED GAINS/(LOSSES) Gain/(Loss) on Revaluation of Housing Properties NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ £ 28,351 (1,795) 26,556 - - 1,341 1,341 27,897 128 - - 653 2,185 4,341 1,725 1,120 - - 23 - 10,175 3,400 1,560 - 250 - 5,210 15,385 12,512 1,008 13,520 23,758 37,278 563,856 601,134	2022	2022
		£ £



		27,505
		(282)
		27,223


		-
		-
		304
		304

			27,527





		-
		-
		-
		603
		1,721
		-
		-
		1,895
		-
		-
		94
		-
		4,313

		3,200
		1,434
		-
		-
		146
		4,780
			9,093

			18,434

		120

			18,554


		80,055

		98,609


		465,247
			563,856

This page does not form part of the statutory financial statements

COPLAND ALMSHOUSE CHARITY

DETAILED BALANCE SHEET

AS AT 31 DECEMBER 2023

FIXED ASSETS Tangible Fixed Assets – Housing Properties Net Book Value at Beginning of the year Additions at cost Depreciation Charge for the year Gain/(Loss) on Revaluation Net Book Value at end of the year Listed Investments Market Value at Beginning of the year Additions at cost Disposal Proceeds Gain/(Loss) on Revaluation Market Value at end of the year CURRENT ASSETS Debtors and Prepayments Contributions in Arrears Other Debtors Legacy East Almshouse Partnership Prepayments and Accrued Income Cash at Bank and in Hand Barclays Current Account COIF Deposit Account CREDITORS: Amounts falling due with one year Loans Contributions in Received in Advance Other Creditors Legacy East Almshouse Partnership Accruals and Deferred Income NET CURRENT ASSETS/(LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS: Amounts falling due after more than one year Loans NET ASSETS CAPITAL AND RESERVES Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund	2023 £ £ 506,558 - - 23,758 530,316 15,261 10,000 - 1,008 26,269 556,585 2,730 - 10,083 836 13,649 - 33,008 33,008 46,657 - (452) (96) - (1,560) (2,108) 44,549 601,134 - 601,134 - 1,581 484,981 486,562 43,754 13,818 12,099 44,901 70,818 601,134	2022	2022
		£ £


		426,503
		-
		-
		80,055
		506,558


		15,141
		-
		-
		120
		15,261
			521,819


		4,862
		-
		11,378
		709
		16,949

		-
		26,740
		26,740
			43,689

		-
		(153)
		(65)
		-
		(1,434)
		(1,652)

			42,037

		563,856


		-

			563,856



		-
		1,581
		461,223
		462,804

		43,754

		12,743
		9,269
		35,286
		57,298
			563,856

This page does not form part of the statutory financial statements

COPLAND ALMSHOUSE CHARITY

RECONCILIATION OF MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 DECEMBER 2023

Balances Brought Forward £ - 1,581 461,223	Income £ - - -	Expenditure £ - - -	Gains/Losses on Investments £ - - -	Transfer Between Funds £ - - -	Gains/Losses on Revaluation Of Housing Properties £ - - 23,758	Balances Carried Forward £ - 1,581 484,981

462,804	-	-	-	-	23,758	486,562
43,754	-	-	-	-	-	43,754
12,743 9,269 35,286	- - 27,897	(1,725) - (13,660)	- 454 554	2,800 2,376 (5,176)	- - -	13,818 12,099 44,901
57,298	27,897	(15,385)	1,008	-	-	70,818

563,856	27,897	(15,385)	1,008	-	23,758	601,134


-	-	-	-	-	-	-
1,581	-	-	-	-	-	1,581
381,168	-	-	-	-	80,055	461,223
382,749	-	-	-	-	80,055	462,804

43,754	-	-	-	-	-	43,754


9,151	-	-	-	3,592	-	12,743
7,017	-	-	56	2,196	-	9,269
22,576	27,527	(9,093)	64	(5,788)	-	35,286
38,744	27,527	(9,093)	120	-	-	57,298

465,247	27,527	(9,093)	120	-	80,055	563,856

This page does not form part of the statutory financial statements

COPLAND ALMSHOUSE CHARITY

ANALYSIS OF NET ASSETS BETWEEN FUNDS

AS AT 31 DECEMBER 2023

Endowment Funds: Permanent Endowment Fund Housing Property Reserve Housing Property Revaluation Reserve Restricted Funds: Social Housing Grant Fund Unrestricted Funds: Cyclical Maintenance Fund Extraordinary Repair Fund General Fund		Fixed Assets Freehold Property Investments £ £ - - 1,581 - 484,981 - 43,754 - - - - 9,903 - 16,366 530,316 26,269		Net Current Assets Less Long Term Loans £ - - - - 13,818 2,196 28,535 44,549	Total £ - 1,581 484,981 43,754 13,818 12,099 44,901 601,134

Housing Property Reserve

The Housing Property Reserve is permanent endowment of the Charity and is represented by the net equity in the housing properties.

Housing Properties Revaluation Reserve

This fund is part of the permanent endowment of the Charity and represents the surplus on revaluation of the housing properties.

Social Housing Grant Fund

The Social Housing Grant Fund is a restricted fund and represents the grant received of £43,754 in connection with the housing property purchase.

Cyclical Maintenance Fund

Extraordinary Repair Fund

General Fund

The Fund represents accumulated surpluses of the Charity and is available for the general purposes of the Charity.

This page does not form part of the statutory financial statements

LEGACY EAST ALMSHOUSE PARTNERSHIP

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

INCOME AND ENDOWMENTS CHARITABLE ACTIVITIES Management and Administration Fees INVESTMENT INCOME COIF Deposit Account Interest Receivable OTHER INCOME Fee for Research Project TOTAL INCOME EXPENDITURE CHARITABLE ACTIVITIES Almshouse Management Operating Costs Clerks Fees and Expenses Auditor’s Remuneration Trustees’ Expenses Sundry Expenses Subscriptions Bank Charges TOTAL EXPENDITURE NET INCOME BEING THE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total Funds Brought Forward Total Funds Carried Forward	2023 £ 59,925 4,833 630 65,388 32,775 1,482 234 551 461 36 35,539 29,849 99,141 128,990	2022	2022
		£



		50,400


		1,019


		-

			51,419





		27,900
		1,602
		25
		575
		427
		-

			30,529

		20,890


		78,251
			99,141

This page does not form part of the statutory financial statements

FINANCIAL STATEMENTS

INCORPORATING THE FOLLOWING LINKED CHARITIES

CONTENTS

ANNUAL REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2023

INTRODUCTION

OBJECTIVES AND ACTIVITIES

Objectives and aims

OBJECTIVES AND ACTIVITIES

Significant activities

Public benefit

LINKED CHARITIES

Brightlingsea Santiago Almshouse Charity – charity number 1155672-1

Chelmsford Almshouse Charity – charity number 1155672-2

Dr West Memorial Home – charity number 1155672-3

Hoddesdon Cottages for the Aged Poor – charity number 1155672-4

LINKED CHARITIES (continued)

Miss Rutland’s Almshouse Charity – charity number 1155672-7

Nethaniah Home – charity number 1155672-8

Loughton Almshouse Charity – charity number 1155672-9

Sprowston War Memorial Trust – charity number 1155672-10

John Gilders and Maskell Almshouses Charity – charity number 1155672-11

Springfield Green Almshouses – charity number 1155672-12

LINKED CHARITIES (continued)

Writtle Almshouse Charity – charity number 1155672-14

Ernest Elijah Everitt Trust – charity number 1155672-15

Mary Dains Cottages – charity number 1155672-16

Copland Almshouse Charity – charity number 1155672-17

ACHIEVEMENT AND PERFORMANCE

Almshouse Residents

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

ACHIEVEMENT AND PERFORMANCE (continued)

Almshouse Properties

FINANCIAL REVIEW

Financial Position

Reserves Policy

FUTURE PLANS

STRUCTURE, GOVERENANCE AND MANAGEMENT

Governing Document

Methods adopted for recruitment and appointment of Trustees

STRUCTURE, GOVERENANCE AND MANAGEMENT (continued)

Policies and Procedures adopted for the induction and training of Trustees

Organisational Structure of the Charity

Related Parties

Statement of Major Risks

REFERENCE AND ADMINISTRATIVE DETAILS

Trustees:

ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

OPINION

BASIS FOR OPINION

CONCLUSIONS RELATING TO GOING CONCERN

OTHER INFORMATION

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

RESPONSIBILITIES OF TRUSTEES

AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

USE OF OUR REPORT

HAINES WATTS STATUTORY AUDITORS

LEGACY EAST ALMSHOUSE PARTNERSHIP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

LEGACY EAST ALMSHOUSE PARTNERSHIP

BALANCE SHEET

AS AT 31 DECEMBER 2023

CASH FLOW STATEMENT

FOR THE YEAR ENDED 31 DECEMBER 2023

1. INTRODUCTION

2. ACCOUNTING POLICIES

a) General Information and Basis of Accounting

b) Fund Accounting

c) Going Concern

d) Income

2. ACCOUNTING POLICIES (CONTINUED)

e) Interest Received

f) Expenditure

g) Repairs and Maintenance of Properties

h) Support Costs

i) Tangible Fixed Assets

Housing Properties

j) Investments