ROLLESTON ALMSHOUSE CHARITY
ANNUAL REPORT AND ACCOUNTS
for the year ending 31 st December 2022
Registered Charity No 1158564

ROLLESTON ALMSHOUSE CHARITY
TRUSTEES ANNUAL REPORT
for tbe ye2r ending 31$t December 2022
Scheme
The objects of the Chanty are.,
1. The maintenance and provision of almshouse accommodation for the public benefit of those
in charitable need including those in financial hardship and who are resident in the parishes
of Rolleston and Anslow in Staffordshire.
2. The relief of financial hardship, either generally or individually, of the residents of the
parishes of Rolleston and Anslow in Staffordshire by making grants of money or providing
or paying for items, services or facilitie8.
3. The maintenance of the clock of St Mary's Rolleston parish church and the bridges over
Rolleston brook for the public benefit of the residents of the parishes of Rolleston and
Anslow in Staffordshire.
The objects are set out in the Governing Document adopted by the Trustees on 12th September
2014.
Review of Activities
The Charity owns and maintains 6 almshouses at Burnside, Rolleston on Dove, Staffordshire.
Tille lo the property is vested in the Official Custodian for Charities.
The Trustees regularly contacted the residents during the year to ensure the almshouses were
in salisfactory condition. The almshouse at No 12 remained vacant until 15th October 2022
when the resident at No 10 moved in. No 10 is now vacant pending refurbishment which is
expected to be completed by the the Autumn of 2023. Otherwise, all the almshouses were fully
occupied throughout the year.
The Weekly Maintenance Contributions remained at £66 throughout the year, though the
weekly charge forthe renovated almshouse at No 12 was increasea lo £70.
During the year, a further £26,476 was spent on the almshouse at No 12 in anticipation of its
occupation. £23,801 of this expenditure was Charged to the Extraordinary Repair Fund with the
balance of £2,675 charged to the Cyclical Maintenance Fund.
The Trustees also spent £22.470 during the year installing central heating in the remaining
almshouses and this expenditure was also charged to the Extraordinary Repair Fund.
The Trustees were delighted to receive donations from other voluntary organisations within the
local community towards the Costs of modernising the almshouses which totalled £1,220.

Mana
ement
The Trustees met Ihree times during the year to conduct and review the management of Ihe
Charity.
Recruitment of Trustees
All Trustees shall be persons over the age of16 residing or carrying on business in or near Ihe
parishes of Rolleston and Anslow in Staffordshire.
2 Trustees are nominated by Rolleston on Dove Parish Council, 1 by Anslow Parish Council
and 1 by East Staffordshire Borough Council, though ESBC has decided they no longer wish
to nominate a Trustee. In addition, the Charity should have not less than 3 nor more than 6
appointed Trustees. In selecting individuals for appointment, the Trustees have regard lo the
skills, knowledge and experien￿ needed for the effective administration of the Charity.
Public Benefit
In exercising their powers and duties the Trustees have at all times complied with their duty to
have due regard to the guidance on public benefit published by the Charity Commission.
Accounts
The Truslees have chosen to prepare the Charity's accounts on a receipts and payments basis.
Charit Funds
The Almshouse Fund is a capital fund representing the value of the property al 2-12 Burnside.
On 12th August 2014 the propety was valued by Wayne J Goodwin BA (Hons) Bsc MRICS
FNAEA at £171,600.
The Endowment Fund is a capital fund from which the income generated is applied by the
Trustees in accordance with the objects set out in the Governing Document.
In accordance with best practice, the Truslees have chosen to maintain an Extraordinary Repair
Fund to provide for the extraordinary repair, improvement or rebuilding of the almshouses.
Similarly, the Trustees have chosen to maintain a Cyclical Maintenance Fund to provide for
those items of ordinary maintenance and repair of the almshouses as recur al infrequent
intervals. Both are restricted income funds.
The ReseNes represent the accumulated income of the Charity which is available for
expenditure in furtherance of the Charity's objects at the discretion of the Trustees.
Reserves Polic
The Trustees consider an appropriate level of Reserves should be held lo ensure the Chanty
has sufficient resources to meet its ongoing expenditure and to allow time for re-organisation
in the event of an unforeseen increase in expenditure 01 liabilities or an unexpected downturn
in income or asset values.

The Trustees have made an assessment of the risks and other issues facing the Char(ty and
have considered it prudent to set a larget level of Reserves at an amount equivalent to one
year's estimated ordinary annual expenditure of the Charity.
The Reserves Policy is reviewed penodically by the Trustees. The amount held as Reserves
at 31 st December 2022 was £12,329, marginally above the target level.
Investment Polic
The Bla¢kRock Charities UK Bond Fund performed poorly during the year due to its
composition of fixed interest secunties. Despite market volatility, the M&G Charity Multi Asset
Fund maintained its value, largely due to its higher equity conlenl.
During the period the Trustees regularly reviewed the performance of the investmenls and they
are satisfied with the overall balance of the investment portfolio.
Risk Mana
ment
The Trustees manage and govern the Charity in such a way as to minimise exposure to any
risks, be they governance, operational, financial, compliance or other risks, but so long as the
objectives and operation of the Charity are not compromised.

Le
al & Administrative Information
Rolleston Almshouse Charity
Registered Charity No 1158564
148 High Street, Burton upon Trenl DE14 1JY
www.rollestonalmshouses.or
Trustees
Mr S D Richardson (Chairman)
Mr S Sanderson (Vice Chairman)
lelected Chairman 26th June 20231
Ms A J Gillespie
Mr P W Gopsill
Mr M C Halsall
Appointed (resigned 25th May 2023)
Nominated by Rolleston Parish Council
Appointed
Appointed {resigned 2nd September 2022}
Nominaled by Anslow Parish Counci
(resigned 13th May 2022)
Nominated by Rolleston Parish Council
Appoinled
Appointed
Mr M Robson
Cllr Mrs B Toon
Mrs S J Whitty
Clerk to the Trustees
Mr T J Bramall LLB, 148 High Street, Burton upon Trent DE14 1JY
Tel.. 01283 564716
Email.. charities
talbotco.co.uk
Accounts Examiner
26.7.2*
Solicitors
Bankers
Talbot & Co
148 High Street
Burton upon Trent
DE14 1JY
Lloyds Bank plc
16 High Street
Burton upon Trent
DE14 1JA
Signed
Date
Mr S Sanderson (Chairman)

INDEPENDENT EXAMINER'S REPORT
I report on the accounts ot the Rolleston Almshouse Charity for the year ended 3 1st
December 2022 which are set out on pages 6 to 8.
Respective re$pon5ibilities of Trustees and Examiner
The Charity's Truste¢s ale responsible for the preparation of the accounts. The Trustees
consider Ihal an audit is not required for this year under section 144(2) of the Charities
Act 2011 (the 201 l Act)) and that an independent examination is needed.
It is my responsibility lo examin¢ the accounts (under s¢clion 145 of the 2011 Act), tollow
the procedures laid down in the General DireLlions given by the Charity Commission
(under section 14515}(b) ot. Ihe 201 l Act) and state whether any particular matters have
come to my all¢ntion.
Basis of Independent Examiner's report
My examination was carried oul in accordance with the General Directions given by the
Charity Cornmission. An examination includes a review of the accounting records kept
by the Charity and a comparison ot the accounts presented with those re¢ords. It also
includes consideration of any unusual items or disclosures in the accounts and seeking
explanations from you as Trustees conceming any such mailers. The procedures
undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as to whether the accounts present a "true and fair view"
and the report is limited to those maiters set oul in the slalement below.
Independent Examiner's statement
In conneclion with my examination, no matter has come to my attention which gives me
reasonable cause to believe that in any material respect the requirements to keep
accounting records in accordance with section 130 of the 2011 Act and to prepare
accounts which accord with the accounting records and Comply with the acCOL￿tIng
requirements ot the 2011 Act have not been mel or to which. in my opinion, allention
should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed.....................
Mr S Mcmanus
Date
Zc)L*

Rolleston Almshouse Charity
Statement of Assets and Liabllities as at 31st Decernber 2022
General Restricted Endowment
Funds
Funds
Funds
Total
31.12.22
Total
31.12.21
Tangible Assets
Property
171,600
171,600
171,600
171,600
171.600
171,600
Investment Assets
BlackRock - Capital
8lackRock- ERF
3,996
3,996
5,028
39,285
39.285
89,883
BlackRock - SR
1,192
1,192
1,500
BlackRock- SFM
302
302
380
M&G- ERF
51,073
51,073
50,673
1,494
90.358
3.996
95,848
147,464
Cash Funds
COIF DeF)OSit AJC ERF
COIF Deposit AJC
Bank Current AJC
322
322
319
1.243
10,008
11,251
11.142
9,592
9,592
10,599
10.835
10.330
21,165
22.060
NET ASSETS
12,329
100,688
175,596
288.613
341,124
Represented by-
Almshouse Fund
171,600
171.600
171,600
Endowment Fund
3,996
3.996
5,028
Extraordinary Repair Fund
Cyclical Maintenance Fund
96.887
96,887
148,254
3.801
3,801
3,476
Reserves
12,329
12.329
12.766
TOTAL FUNDS
12,329
100,688
175,596
288,613
341,124
Signed.........
Mr S D Richardson {Chairm8nl

Rolleston Almshouse Charty
Recelpts and Payments A¢count for the year ended 31$t December 2022
Gengral Rostrlcted Endowment Total YIE Totsl YIE
Funds
Funds
Funds
31.12.22
31.12.21
Receipts
Contributions from Residents
18,862
18,862
17,376
Donations Received
1.220
1,220
117
Grants Received
2,000
Gift Aid Reclaimed
COIF Interest Received
109
112
Charinco Dividend Income
61
1,782
164
2.007
3,092
NAACIF Dividend Income
1,884
1,884
1,474
19,032
4,889
164
24,085
24,064
Payment8
Repairs & Maintenance
Insurance
3,801
48,946
52,747
48,124
743
743
685
Water Rates
1,204
1,204
1,076
Community Call System
Council Tax
346
1,164
1,164
1,916
Eleclri¢ity
TV Licence
400
400
22
Christmas Gifts
150
150
150
Almshouse Association Subs
277
277
272
Clocks & Bridges Fund
Clerk's Remuneration
4,500
4,500
4,200
Professional Fees
Trustees, Expenses
Miscellaneous
20
12.247
61,193
56,811
Surplus for the year
6.785
44.057
7.108
-32,747

Rolleston Almshouse Charlty
Statement of Movement of Funds for the year endgd 31st December 2022
Almshouse End'ment
Fund
Fund
ERF
CMF RoseThos
Total
Balance al 01.0122
171,600
5,028
148,254
3,476
12,766
341,124
Surplus for year
Transfers
164
41,382
-2,675
6,785
-37,108
-164
4.000
3,000
-6,836
Revaluation of fund
-1,032
-13,985
-386
-15,403
Balance at 31.12.22
171,600
3.996
96.887
3,801
12,329
288,613