Charity nunkner. 1164982 LADY FRANCES PEYroy Re¢eipts and Payments Ae¢ounts for the y¢ar ended 31 Derernber2023
Lady FraJJces Peyton Hospitsl Charity Stalement of Re¢eipts and Payments for the year ended 31 December 2(123 COIYTEI%TS Page Tn¢8, R¢port Indedent Examin¢rfs R¢port Statem¢nt of Receipts and Payments ststement of Assets aod LAabiiAties Notes to the Accounts
Lady Frances Peyton Hoypithl ChArity Trustees Annual Report for the year ended 31 Detember 2023 Th¢ Lady FTan¢¢3 Pe Hospital AlShoU$¢ ChaTitywas governed by a S¢hem¢ s¢al¢dby the Charity Commissioners on 8 June 1988. Registered Charity No.. 1164982 (Previousty: 2035i59) Ahnshouse AssociationNo: 0586 On 23rd Ik¢emb¢r 2016 it transferred all its assets itrto a Charitable Jnco•¢d Organisation. The resistered Charity numb¢rr¢mains th¢ sam¢. Th¢ original Hospital at Isle1 wa8 founded by Fram¢es Peyton in 1582. ID 1982 a special service of thanksgiving was beld to c¢lebrate th¢ fourth centenY of the foundation and the re- opening of the AhJ)shous¢s after a major rebuild and renov10 scheme had been compler£d. Cutrentty ib¢r¢ ar¢ four almshouses" two single stor¢y cottsg¢s listed a5 of architectural int¢r&5t and two bungalows that were built in 1995. In order to be considered for appointm¢nt as a beneficiary (Tesident) of the Charity. applicants must be poor persons of 8ood ciMra¢ter and illhabitsuts of th¢ villag¢ of Isl¢ham or nelbouT]ng villa8es. The Charty is governed by a Trstre body made up of nin¢ persons. One tru8tee is an ex.officio tmstee (the person being in Situ as vicar of the church of St Andrew. Isleham). five co-opted trustee4 and three tsvstees nominated by th¢ Islebam Parish Council. As at 31 Dece]nber 2023, the governitig Trustees were: Mr Richard Radcliff¢ 45 Sun Street Isleham Ety, Cambs CB7 5RU Chainnan . wpt¢d MYS Pauline Wilkes 6 Limestone Close Isleharn, Ety, Carnbs. CB7 5RP Mrs Barbara Murfftt 14 Aves Close Isleham Ety, Cambs CB7 STE CW Twstee 4 Che5tDUt C103e Mildenhall Suffolk IP28 7NL
Lady Frgnees Pey*on Hospitsl CbaAIty Trustees Amnual Report for the year ended 31 December 2023 Bob M1h611 10 SpaTk¢s Close Isleham Ety, Cambs CB7 5RR Nominated Trstee Resigued 8 Juty 2024 Mr Christopher Elmer 30 Limestone Close Isleham Ety. Cambs CB7 5RP CoQpt&l Trustee Dr Christopher CorbiD 5 Priory Gardens Isleham Ely. Cambs CB7 5ZB Co-opted Trustee Se¢ Robin Threadgold AppoiJ)t¢d 18 March 2024 dent Examiner. Mr H Watson FCCA. Th¢ MHH PartnshIp, Elstree Howe. Watson's ya CottenhaDL Cambridge CB24 8RX olicilor Amy Richardson of Ashtons Legal Ch¢quers Howe, 77-81 NeTrvmaTket Road Cambridge. CB5 8EU onsultant Arc Mr Richard Waite 34 Bridg¢ Stit¢L Kings LYj PE30 SAB
Lady Frances PeytoD Hospitsl Chaiity Trustees Annual Report lor the yegr ended 31 December 2023 Beneficiaries. The beneficiaries &s at 3 1 Dwenther 2023 were.'_ 17 The Causgway 19 The Causeway 26 a Sun Street 26 b Sull Street Ms T Rennie Mr G Cooper Ms K Hopkin ointment of Trust TnLSt¢es aTe Tecruited by personal itNitation of ex]lg trtees. A small introdU10n letter 18 submitted to th¢ FK>ard and a vots is thell tsken. New trustees are guided through the pror£&s by the existing trustees. There is also the Ahllshouse Association magazine which has ide&8 and supw>rt structures witbin it that all tteeS bav¢ a¢¢¢ss to. The Charity takes guidaacg and the Chwity comm10n and the A]mshouse ASslatIon. Ob ¢otives and Activities The objects of the Ch&ity are: - to ensur¢ the 4 akn&bou8es and gardens are kept in a good state of repair - to ensure the we]faT¢ of the benefiGiaries . to ellsur¢ the assets of tb8 ¢harAty are tnaintained for the future success of the charAty Jn this y¢arth¢r hav¢ be¢n no va¢ancies at the Almshouses. Tbe Charity r¢lains 2 other paleS of agricultural land at East Fen aDd off Fordham Road. which are both let. The laDd at Station Ro r¢mained vacant atthe year end. Subsequentty. the saIe of part of the site was completed to H¢bury and the remaining area is r¢tained by the Charity. The net saI¢ procetAts of £1,021,220 will prAmarAly US to purchase four thvelltngs at Station Road. The Charity has an improved finan¢i&l position with the sale of the KJ)aves a¢re site aDd has r¢scrY¢s that are appropriateto nltaIn and improve our properties. There continues to b¢ th¢ need for additional good quality, well managed affordable r¢ntsd housiiig in Isleham. The local housing needs remain real and the Charity is committed to help local people to be able to access affordable housing in the village. Pernianent EDdowrnen . The ChaTity h4 &y pernian¢nt ¢ndowm¢nL an aT¢a of ]aDd ag allolnients which is r¢TJtsd out to one person.
Lady Frances Peytojj Hospitsl Charfty Trnstees Aftllu Report for ihe year ended 31 December 2023 Stsiement of trustees, rwnsibihtia Charity law requires the tntee$ to prepare financial statements for each finan¢ial year, whicb gives a trne alld fair view of the 8tate of affairs of the charity and of its flnancial activities for that period. In preparingthose financial statements the tnLYtees ar¢ required to: select suitable accomiting policies and appty them consistentty" Inake judgements and estimates that are reasonable and PTudenL preparc th¢ fitLan¢ial statements on the going concern b&¥is unles8 it is inappropriate to a8sullLe the Charity Thryll continue operati The trustees are reswTrnsible for keeping proper accounting records which disclose with reasonabl¢ accuracy at any time the financial SItion of the charity and to enable them to ensure that the financial Statllents ¢OTnply with the Charities 2011. The tnjstees are a]so responsli )le for safeguardingthe assets ofthe charity and hence fortiking reasonable steps for the prevention of fraud or other irregularities. ed...... ................... .. ....... MrRRadclifft (Chairman) Date.. 1%. oo{rvS<.?21¥
Lady Francu Pe)rtoll llospitsl Charity Report of the Independe]Jt Exomkner lo the Trllgtrts on tb¢ a¢¢ounts of Lady Franc Pe)rt(tyll Ho8pitsI Charity for the year end¢d 31 December 21ll3 I rew)rt on the Accounts of the Charity for the year ended 31 December 2(I23, are set out OD page& && Respective respon511)llities of trusteLs and %Iller The chaTiry'S trStee5 reS$1ble for the prepardtionof the accounts. The trustees consider tbat an audit 18 not ryuired for this year under Section 144 of the Charities Act 2011 (the CRltieS Aci) ai]dthat an Jndettndent Examinatson i3 rquire¢l As an ex&niner it is my respoTJsibilityto: a) &xamine the accounts under s145 of the Charities Act b) follow the pro¢¢duM laid down in the GeneTal I)ireclioDs w by the Cbarity CoJnMissioners(der s145(5Xb) of the Charities Act and c) to state whetherparticular matters have C4)me to my attenti(m B8ts of the ¢MIner'S report My examination w¥s ¢arried out in a¢coTd with the Gfflern] DirectiO]L8 given by fh¢ Charity Comu]itsSAon. An examin&tioo includes a revxew of the accounting records kept by the Charity and a cthnparison of the accounts with those Tecords. It a]so includes considerntion of any Unus itettL8 or disclosureg im the awunts. seekin8 explanations from the }rLtte$ concerning suchmattets. The prOced[e5 undertaken do Dot provide all the evidence that would be required in aEL audi¢ ylld consequently no opinion is given as to wh¢th¢r th¢ aollts preseni a'true and fair. view and the report is limited to tbose matters set out in the stement below. Independent Eiaminer's Ststemell6 report and opinio In connection with my &NaminatiOQ DO tnatter has come lo my attention: l) which gives me reasonable cause to believe that in any material res the requirements: a) to keep aoGoumingTecords in acc{Trrda[e with section 130 of the Charities A¢L alld b) to prepare accoullts wl]ich accord with the acCOti records and kn comply Ivith the accowiting requirements of the charities Act have not been met or 2) to wl]ich, in my OPiDi0 attenlioll should be drawn to ellable a prow UndedIng Df the aUnts to be reached. H Watson FCCA The MHH PartnersFllp Ltd Chartered Certified Ac£ountsnts Rlstree House. Watson's Yard Cottenham Cambridge CB24 8RX DATE 14
Lady FraDces Pevton Hospttal Charity Statement of Receipts and Payments for the year ended 31 Ikctmber 2023 Notes General F¥nds EndoiTment Fnnd3 Totsl 2023 Total 2022 ]NCOMF. Tenants Maintenance Conthllutions Land & Allotment Renls Sale of Land at Knaves Acre Dmve Inteyest Received on Investh)ents Telephone Call Reimbursem¢nts 20.399 20,399 1,2fAJ 20220 1260 7,819 7.819 520 5.570 570 520 22J79 7*19 297 28,531 Maintenance & Gardening Costs WateT Rat¢s ]nsuYanc¢ Telcphone & Care Call Almshouses Association SUbription & Fees TV Licence ]ndependent Examination 12212 937 12212 937 1,186 996 309 4,655 1.059 1,067 780 309 330 330 330 1&977 15,977 9,192 SURPLLSI(DEFICIT) Transfer of Interest to General Funds ProfiVLoss on investments during year Cash Funds &8 at 31 December 2022 C&sh Funts &s at 31 December 2D23 6202 7.819 7,819 7,819 10.922 197,81J7 208,728 14,021 19.729 10.922 494,566 519.508 19,583 494,420 494,566 296,760 310.781 Ballk Current Account Deposit Account Fixed Interest Fund Investment Fund Property Fd NAACIF 235x20 74,860 235.920 74,860 34.384 97,049 24,603 52,692 229,718 67,042 32.661 88,882 26,652 49,612 34,384 7,049 52,692 310,781 208,728 519.509 494.566
Lady Fran¢es Pell Hospital Cbarity Statsment of Assets and Liabllitles for the year ended 31 December 21)23 FIXED ASSETS 2 dwellings at 17 & 19 The Causv+vay, T$lelm, Ely, Cambs. 2 dwellings at 26a & 26b Sun Stree¢ Isleham, Ely, Cambs. These are cu)Tently iThsured for £481.890. 1.7 acres in FAst F¢n, Islebam - let on a tenancy 0.5 aGr¢s of land off Fordi Road, Isl¢ham- let on a tenancy 3.5 acres of land in Stsll Roa Isleham - curtently unlet Part of this land is awaiting pla[ing Perniission for developrnent CURRENT ASSETS Bank & Investment Fund25 2023 2022 Lloyd&pfsB Treasurers Account 235,919 229,717 co Charity Deposit Fund (CMF, ERF) Fixed tnterest Fund (PE) ]nvestment Fund (PE) Property Fund(PE) 74,860 34.384 97,049 24,603 67,042 32,661 88.882 26.652 NAACIF 52,692 49,612 519,509 494066 Debtors There w&8 a sgrious deficit in maintenance contribution due from the one tenant - & payment plan h&8 been put in pla¢¢ and this bas now been cleared down. 440 Credito Treasurer's Remunerntion Exgmination fee BT tnvoice 375 350 375 350 Tre4sllrers D¢¢]aration Tbe Statement of assets aod LibilIti T¢pr¢sents th¢ true state of the Charity's finances to the l*st of my knowledge. MT R Radcliffe Dated 12
Lady Frances Peyton Hospita] Charity Notes to the Receipts and Payments Accowit for the year ended 31 December 2023 Land & Allolment Rents 21Tr23 R¢nts TLVed in r¢speth of 2023 1260 Transfers fyom De it Funds There were no transfers from the desIt fimd in this year. Mainlenance & Gardenin Gardening & Tree Surg¢ry Services Refurbishment costs Other routine maintenance 3,063 8.321 828 12.212 Investment M&G NAACIF 2023 Ther¢ Tryas no fiJrth¢r inv¢stm¢nts mad¢ to th¢ NatiODal A380Giation of Almshou8es Con)mon Investment Fund.