**REGISTERED COMPANY NUMBER: 09642400 (England and Wales) REGISTERED CHARITY NUMBER: 1166703**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **FOR**
**THE FRIENDLY ALMSHOUSES (A COMPANY LIMITED BY GUARANTEE)**
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
**THE FRIENDLY ALMSHOUSES**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8 to 9|
|**Notes to the Financial Statements**|10 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
**THE FRIENDLY ALMSHOUSES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with a summary of the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting 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 (FRS102), effective 1 January 2015.
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The object of the Charity is set out in the Scheme of the Charity Commissioners dated 12th December 1980. This is "... to relieve and assist, by the provision of housing and associated amenities, needy women of good character over the age of 60 years... resident within ten miles of St Paul's Cathedral". In 1993, with the consent of the Charity Commissioners, the minimum age at entry was lowered to 50 years.
Women interested in taking up residence in the Almshouses may be referred by social services and other local agencies, or they may approach us directly.
The Charity currently has 20 flats, distributed between the Victoria Cottages and Martindale House, available for occupation. Residents lead independent lives, though the wardens and Clerk are available to provide support and help in dealing with personal and practical problems. When not constrained by the lockdown requirements, participation in the community life and its many activities is much encouraged, and the quarterly residents' meetings provide the opportunity for discussion and exchange of ideas between residents and trustees.
## **Public benefit**
The trustees have considered the activities of the Charity, its achievements for the year to 31 March 2023 and its plans for the future against the public benefit guidance issued by the Charity Commission. They agreed that the public who benefit from the Charity's work are those who are described in the Charity's objectives and aims as noted above and is essentially the same as that envisaged by the founders: "for the provision of permanent relief to poor and aged women. It is a Society managed by women for women...".
## **Social investments**
Programme related investments, in the form of freehold property, have contributed towards the achievement of the Charity's aims and objectives because these properties are used to provide the social housing for Charity's beneficiaries.
Page 1
**THE FRIENDLY ALMSHOUSES**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The accounts period, which run from April 2022 to March 2023, has been a busy but productive year for the Charity.
Two years on since the start of the pandemic, TFA has once again been able to embrace the wider world again, with residents joining together properly as a community.
Our close-knit team is characterised by the special people who work here and in July we were joined by Ronnie Marr as Operations Support Manager. Ronnie comes from a background of nursing and teaching and is a wonderful addition to our team. Ronnie has been encouraging and creating opportunities for the residents - planning lunches, coffee mornings and her energy, empathy and support for the residents is extraordinary . Ronnie is brilliantly supported by Pat Chapman who has been with us for nearly 10 years.
The residents celebrated the Queen's Platinum Jubilee with a popular tea party. However, in September the news of Her Majesty's death was a shock and the residents expressed their sorrow and commemorated her memory by fondly reminiscing about her exceptional reign. The community also said goodbye to our oldest resident, Nora Muchmore, who passed away in a care home near her family at the grand age of 109.
We were delighted to use our grant from The Story of Christmas to install a Malvern Summer House in the garden. With heating and lighting, it provides a contemporary attractive space for quiet reading, small gatherings or for residents wishing to do arts and crafts. Additionally, the grant allowed us to refurbish and replace the rear windows in the Victorian Cottages, thus keeping ahead of the curve for the inevitable maintenance required for older buildings.
The cost of living increased sharply across the UK during 2022, with the annual rate of inflation reaching 11.1% in October. With this in mind, we upgraded the central heating system and undertook the necessary replacement of our boilers, in order to improve energy efficiency and reliability. Our income position is strong, with most of our residents qualifying for full housing benefit, and with careful management of our expenditure we are making good progress in rebuilding our Reserves. These will be a critical component in taking forward our plans for future development .
To that end, Trustees Eleanor Lindsay and Shish Malhotra are continuing to work to help TFA deliver a solution for the vacant site adjoining the Victorian Cottages. This is an intricate, complex and slow process but, working with good consultants, we are hopeful that we will have something concrete to report in the near future.
The need for our supported accommodation is evidenced by the full occupancy of our flats. However, the greatest challenges which we face within the almshouse community remain helping and supporting our residents, should they become frail, to find alternative care that is more suited to their changing needs, and attracting appropriate new trustees to join us.
It only leaves me to thank our wonderful team of staff and my committed group of trustees who make such a positive difference to the TFA, perpetuating our core values of kindness, community and companionship.
Felicity Stonehill Chair to the Board of Trustees November 2023
Page 2
**THE FRIENDLY ALMSHOUSES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **ACHIEVEMENT AND PERFORMANCE**
## **Investment performance**
The Charity retained the COIF units, valued at just over £192k at the end of March 2023, and this fund has continued to do well in spite of the turbulence caused by the pandemic.
It remains the trustees' intention to rebuild an investment portfolio as and when conditions allow, depending on the nature and extent of plans to redevelop the Colville House site.
## **FINANCIAL REVIEW**
## **Financial position**
The Charity's income continues to derive principally from the weekly maintenance contributions (WMC) paid by its beneficiaries. The majority of this income is drawn from housing benefit, and as the Charity has been deemed exempt from the housing benefit cap, this is a reliable income stream with potential for increase when required. We had one vacant flat for the final quarter of the year. Our budgeting assumes a 5% vacancy factor so we were more than covered for this. All flats are now occupied and we maintain a waitlist for when vacancies do arise.
The Charity generated £134k (2022: £205k) from operating activities (excluding grants and donations) during the year to 31 March 2023. This leaves us well placed to service the remaining Almshouse Association loan of £42k and to continue building reserves to enable redevelopment of the Colville House site.
## **Reserves policy**
Reserves are held in order to provide adequate funds to maintain the housing stock in good repair, to fund future developments and to continue to provide housing and support to residents in the event of a disruption in revenue. In addition to the COIF unit fund, the Charity held cash reserves of £327k as at 31 March 2023 giving a total reserve of £1,584k, of which all bar the grant from The Christmas Story, were unrestricted funds. This more than meets the expectation of at least three months' operating costs being available to deal with the consequences of unanticipated challenges.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a company, limited by guarantee, as defined by the Companies Act 2006.
The charity is governed by a Board of Trustees, up to a maximum of fourteen, (the Board may also co-opt members up to a third of its total membership). The Board currently meets every two months and has a quorum of three. All of the trustees sit on at least one sub-committee, of which there are currently five. These sub-committees have their own governance structure and decision-making powers and meet as often as required to deal with the business of the day. They report formally at each Board meeting.
The Board has due regard at all times to the Charity Commission's guidance in the exercise of its powers and duties. On appointment, new members of the Board receive an induction pack, and have access to a copy of the Almshouse Association's Standard of Almshouse Management. Board members have also attended seminars and briefings in areas such as housing, charity law, and the responsibilities of Trustees.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
09642400 (England and Wales)
Page 3
**THE FRIENDLY ALMSHOUSES**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **Registered Charity number**
1166703
## **Registered office**
155-167 Stockwell Park Road London SW9 0TL
## **Trustees**
F D Stonehill Chair C J E Woollcombe Gambrill (Kate) G Bailey (resigned 20.10.22) S Faulkner (resigned 4.8.23) S Malhotra R Johnson L Tomlinson E J Lindsay R Kennedy (appointed 14.12.22)
## **Clerk to the Trustees**
R de Grey (to September 2023)
## **Operations Manager**
R Marr (from July 2022)
## **Independent Examiner**
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
## **Bankers**
The Royal Bank of Scotland 62-63 Threadneedle Street London EC2R 8LA
## **Solicitors**
Farrer & Co LLP 66 Lincoln's Inn Fields London WC2A 3LH
## **Investment advisers**
Rathbones Investment Management Fiennes House 32 Southgate Street Winchester Hampshire SO23 9EH
Page 4
**THE FRIENDLY ALMSHOUSES**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
17/12/2023 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
..........................................................
F D Stonehill Chair - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE FRIENDLY ALMSHOUSES**
## **Independent examiner's report to the trustees of The Friendly Almshouses ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sheila Day
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
Date: .............................................
Page 6
**THE FRIENDLY ALMSHOUSES**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023**
|2023
Unrestricted
Restricted
Total
fund
fund
funds
Notes
£
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
1,107
-
1,107
**Charitable activities**
Provision of Housing
371,829
-
371,829
Investment income
3
1,012
-
1,012
Other income
4
3,323
-
3,323
**Total**
377,271
-
377,271
**EXPENDITURE ON**
**Charitable activities**
Provision of Housing
241,275
-
241,275
Net gains/(losses) on investments
(1,945)
-
(1,945)
**NET INCOME**
134,051
-
134,051
**Transfers between funds**
15
50,000
(50,000)
-
**Net movement in funds**
184,051
(50,000)
134,051
**RECONCILIATION OF FUNDS**
Total funds brought forward
1,399,621
50,000
1,449,621
**TOTAL FUNDS CARRIED FORWARD**
1,583,672
-
1,583,672|2022
Total
funds
£
50,110
384,197
14
5,650|
|---|---|
||439,971|
||184,644|
||20,260|
||275,587
-|
||275,587
1,174,034|
||1,449,621|
The notes form part of these financial statements
Page 7
**THE FRIENDLY ALMSHOUSES**
## **BALANCE SHEET**
## **31 MARCH 2023**
|2023
Unrestricted
Restricted
Total
fund
fund
funds
Notes
£
£
£
**FIXED ASSETS**
Tangible assets
8
1,123,966
-
1,123,966
Investments
9
192,529
-
192,529
1,316,495
-
1,316,495
**CURRENT ASSETS**
Debtors
10
13,432
-
13,432
Investments
11
582
-
582
Prepayments and accrued income
1,137
-
1,137
Cash at bank and in hand
326,996
-
326,996
342,147
-
342,147
**CREDITORS**
Amounts falling due within one year
12
(38,220)
-
(38,220)
**NET CURRENT ASSETS**
303,927
-
303,927
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
1,620,422
-
1,620,422
**CREDITORS**
Amounts falling due after more than one
year
13
(36,750)
-
(36,750)
**NET ASSETS**
1,583,672
-
1,583,672
**FUNDS**
15
Unrestricted funds
1,583,672
Restricted funds
-
**TOTAL FUNDS**
1,583,672|2022
Total
funds
£
1,020,057
194,474
1,214,531
27,083
572
1,963
283,023
312,641
(35,551)
277,090
1,491,621
(42,000)
1,449,621
1,399,621
50,000
1,449,621|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The notes form part of these financial statements
Page 8
continued...
**THE FRIENDLY ALMSHOUSES**
## **BALANCE SHEET - continued 31 MARCH 2023**
- The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
.............................................
F D Stonehill Chair - Trustee
The notes form part of these financial statements
Page 9
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Allocation and apportionment of costs**
All support and governance costs relate to the activity of providing housing in accordance with the objectives of the charity.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Straight line over 50 years Equipment and fittings - Straight line over 3 and 10 years
## **Social investments**
The cost of the freehold property is accounted for within tangible fixed assets as it is a programme related investment held specifically to contribute to the charity's charitable purpose.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 10
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **1. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants
Grants received, included in the above, are as follows:
The Story of Christmas
**3.**
**INVESTMENT INCOME**
Other fixed asset invest - FII
Deposit account interest
**4.**
**OTHER INCOME**
Employment allowance
Rental income||2023
£
1,107
-
1,107
2023
£
-
2023
£
10
1,002
1,012
2023
£
3,323
-
3,323|2022
£
110
50,000|2022
£
110
50,000|
|---|---|---|---|---|
||||50,110||
||||2022
£
50,000||
|||||2022
£
-
14|
|||||14|
|||||2022
£
4,000
1,650|
|||||5,650|
Page 11
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **5. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
||2023|2022|
|---|---|---|
||£|£|
|Independent Examiner/Auditor remuneration|1,200|1,248|
|Independent Examiner/Auditor non examination/audit fees|900|300|
|Depreciation - owned assets|12,785|2,051|
## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **7. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Charitable activities
Support costs|2023
1
1
2|2022
2
1|
|---|---|---|
|||3|
No employees received emoluments in excess of £60,000.
Page 12
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
|**8.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022
Additions
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**9.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 April 2022
Revaluations
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
There were no investment assets outside the UK.|Freehold
property
£
1,017,319
-
1,017,319
-
-
-
1,017,319
1,017,319|Equipment
and
fittings
Totals
£
£
16,739
1,034,058
116,694
116,694
133,433
1,150,752
14,001
14,001
12,785
12,785
26,786
26,786
106,647
1,123,966
2,738
1,020,057
Listed
investments
£
194,474
(1,945)
192,529
192,529
194,474|
|---|---|---|
Fixed asset investments are shown at market value at the balance sheet date.
Page 13
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
|**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Trade debtors
12,241
Other debtors
1,191
13,432
**11.**
**CURRENT ASSET INVESTMENTS**
2023
£
COIF Deposit Funds
582
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Other loans (see note 14)
5,250
Trade creditors
20,699
Social security and other taxes
-
Other creditors
6,807
Accrued expenses
5,464
38,220
**13.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
2023
£
Other loans (see note 14)
36,750
**14.**
**LOANS**
An analysis of the maturity of loans is given below:
2023
£
Amounts falling due within one year on demand:
Almshouse Association loan
5,250
Amounts falling between one and two years:
Almshouse Association loan
5,250
Amounts falling due between two and five years:
Almshouse Association loan
15,750
Amounts falling due in more than five years:
Repayable by instalments:
Almshouse Association loan
15,750||2022
£
27,083
-|
|---|---|---|
|||27,083|
|||2022
£
572|
|||2022
£
5,250
18,123
981
5,364
5,833|
|||35,551|
|||2022
£
42,000|
|||2022
£
5,250|
|||5,250|
|||15,750|
|||21,000|
Page 14
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **15. MOVEMENT IN FUNDS**
|Net
movement
At 1.4.22
in funds
£
£
**Unrestricted funds**
General fund
1,399,621
134,051
**Restricted funds**
Improvements to the Almshouses
50,000
-
**TOTAL FUNDS**
1,449,621
134,051
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
377,271
(241,275)
**TOTAL FUNDS**
377,271
(241,275)
**Comparatives for movement in funds**
At 1.4.21
£
**Unrestricted funds**
General fund
1,174,034
**Restricted funds**
Improvements to the Almshouses
-
**TOTAL FUNDS**
1,174,034|Net
movement
At 1.4.22
in funds
£
£
**Unrestricted funds**
General fund
1,399,621
134,051
**Restricted funds**
Improvements to the Almshouses
50,000
-
**TOTAL FUNDS**
1,449,621
134,051
Net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
General fund
377,271
(241,275)
**TOTAL FUNDS**
377,271
(241,275)
**Comparatives for movement in funds**
At 1.4.21
£
**Unrestricted funds**
General fund
1,174,034
**Restricted funds**
Improvements to the Almshouses
-
**TOTAL FUNDS**
1,174,034|Transfers
between
At
funds
31.3.23
£
£
50,000
1,583,672
(50,000)
-
-
1,583,672
Gains and
Movement
losses
in funds
£
£
(1,945)
134,051
(1,945)
134,051
Net
movement
At
in funds
31.3.22
£
£
225,587
1,399,621
50,000
50,000
275,587
1,449,621|
|---|---|---|
||||
Page 15
continued...
**THE FRIENDLY ALMSHOUSES**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **15. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Improvements to the Almshouses
**TOTAL FUNDS**|Incoming
resources
£
389,971
50,000
439,971|Resources
expended
£
(184,644)
-
(184,644)|Gains and
losses
£
20,260
-
20,260|Movement
in funds
£
225,587
50,000
275,587|
|---|---|---|---|---|
The Improvement to the Almshouses Fund represents money received to be used for the replacement of windows and the build of a garden room at the Almshouses.
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2023.
## **17. ULTIMATE CONTROLLING PARTY**
The Charity was controlled throughout the year by its members.
Page 16
**THE FRIENDLY ALMSHOUSES**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Investment income**
Other fixed asset invest - FII
Deposit account interest
**Charitable activities**
Rent received
Service charges
Support charges
**Other income**
Employment allowance
Rental income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Property expenses
Residents welfare and social events
Out of Hours cover
Depreciation of equipment and fittings
Loan interest and fees|2023
£
1,107
-
1,107
10
1,002
1,012
265,895
83,463
22,471
371,829
3,323
-
3,323
377,271
18,716
1,075
369
9,353
3,038
14,760
107,150
10,179
-
12,562
-
177,202|2022
£
110
50,000|
|---|---|---|
|||50,110
-
14|
|||14
268,967
92,149
23,081|
|||384,197
4,000
1,650|
|||5,650|
|||439,971
30,160
1,655
544
9,398
3,017
17,893
57,517
4,518
2,400
959
2,500|
|||130,561|
This page does not form part of the statutory financial statements
Page 17
**THE FRIENDLY ALMSHOUSES**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023**
|**Support costs**
**Management**
Wages
Social security
Pensions
Telephone and IT
Postage and stationery
Sundries
Recruitment and training
Depreciation of equipment and fittings
Bank interest
**Governance costs**
Independent Examiner/Auditor
remuneration
Independent Examiner/Auditor non
examination/audit fees
AGM and other meetings
Memberships
Professional fees
Total resources expended
**Net income**|2023
£
38,268
2,248
588
5,268
943
286
-
224
482
48,307
1,200
900
51
701
12,914
15,766
241,275
135,996|2022
£
26,044
2,577
1,093
5,025
1,361
1,374
8,256
1,091
620|
|---|---|---|
|||47,441
1,248
300
68
664
4,362|
|||6,642|
|||184,644|
|||255,327|
This page does not form part of the statutory financial statements
Page 18
## (FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
**Company Tax Return CT600 (2023) Version 3 for accounting periods starting on or after 1 April 2015**
## **Your Company Tax Return**
If we send the company a ‘Notice’ to deliver a Company Tax Return it has to comply by the filing date or we charge a penalty, even if there is no tax to pay.
A return includes a Company Tax Return form, any supplementary pages, accounts, computations and any relevant information. The CT600 Guide tells you how the return must be formatted and delivered. It contains general information you may need to deliver your return, links to more detailed advice and box-by-box guidance for this form and the supplementary pages. The forms in the CT600 series set out the information we need and provide a standard format for calculations.
## Company information
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**1 **|**Company name**|The Friendly Almshouses||||||||||||
|||||||||||||||
|**2 **|**Company registration number**||||0|9|6|4|2|4|0|0||
|||||||||||||||
|**3 **|**Tax reference**||2|8|5|2|6|2|7|9|1|2||
|||||||||||||||
|**4 **|**Type of company**|||||||||||8||
|||||||||||||||
## Northern Ireland (NI)
**Put an ‘X’ in the appropriate boxes below 5 NI trading activity 6 SME 7 NI employer 8 Special circumstances**
## About this return
**This is the tax return for the company named above, for the period below 30 from** DD MM YYYY **35 to** DD MM YYYY 0 1 0 4 2 0 2 2 3 1 0 3 2 0 2 3 **Put an ‘X’ in the appropriate boxes below 40 A repayment is due for this return period 45 Claim or relief affecting an earlier period 50 Making more than one return for this company now 55 This return contains estimated figures 60 Company part of a group that is not small 65 Notice of disclosable avoidance schemes Transfer pricing 70 Compensating adjustment claimed 75 Company qualifies for SME exemption**
CT600(2023) Version 3
HMRC 04/23
Page 1
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
About this return – continued
**Accounts and computations**
- **80 I attach accounts and computations for the period to which this return relates**
- X
- **85 I attach accounts and computations for a different period 90 If you are not attaching the accounts and computations, explain why Supplementary pages enclosed**
- **95 Loans and arrangements to participators by close companies** – form CT600A
- **100 Controlled foreign companies, foreign permanent establishment exemptions, hybrid and other mismatches** – form CT600B **105 Group and consortium** – form CT600C **110 Insurance** – form CT600D **115 Charities and Community Amateur Sports Clubs (CASCs)** – form CT600E X **120 Tonnage tax** – form CT600F
- **125 Northern Ireland** – form CT600G
**130 Cross-border royalties** – form CT600H
- **135 Supplementary charge in respect of ring fence trades** – form CT600I
- **140 Disclosure of Tax Avoidance Schemes** – form CT600J
- **141 Restitution tax** – form CT600K
- **142 Research and Development** – form CT600L
- **143 Freeports** – form CT600M
- **144 Residential Property Developer Tax (RPDT)** – form CT600N
## **Tax calculation** – Turnover
||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**145 **|**Total turnover from trade**|£|||||||||||||||||||||•|0|0||
|**150**|**Banks, building societies, insurance**|**companies and**|||||**other financial**||||**concerns**||||||||||||||||
||_–_put an ‘X’ in this box if you do not have a recognised turnover and have not made an entry in box 145||||||||||||||||||||||||||
|Income|||||||||||||||||||||||||||
||||||||||||||||||||||||||||
|**155 **|**Trading profits**|||||||||£|||||||||||||•|0|0||
||||||||||||||||||||||||||||
|**160 **|**Trading losses brought forward set**|**against**|||**trading**||**profits**|||£|||||||||||||•|0|0||
||||||||||||||||||||||||||||
|**165 **|**Net trading profits –**box 155 minus|box 160||||||||£|||||||||||||•|0|0||
||||||||||||||||||||||||||||
|**170 **|**Bank, building society or other interest, and profits**|||||||||£|||||||||||||•|0|0||
||**from non-trading loan relationships**||||||||||||||||||||||||||
**172 Put an ‘X’ in box 172 if the figure in box 170 is net of carrying back a deficit from a later accounting period**
CT600(2023) Version 3
Page 2
HMRC 04/23
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Income – continued
|**175 Annual payments not otherwise charged to Corporation Tax**
**and from which Income Tax has not been deducted**
£
0
0
•
**180 Non-exempt dividends or distributions from**
**non-UK resident companies**
£
0
0
•
**185 Income from which Income Tax has been deducted**
£
0
0
•
**190 Income from a property business**
£
0
0
•
**195 Non-trading gains on intangible fixed assets**
£
0
0
•
**200 Tonnage tax profits**
£
0
0
•
**205 Income not falling under any other heading**
£
0
0
•|0|0|
|---|---|---|
||0|0|
## Chargeable gains
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**210 **|**Gross chargeable gains**|£||||||||||||•|0|0||
|||||||||||||||||||
|**215 **|**Allowable losses including losses brought forward**|£||||||||||||•|0|0||
|||||||||||||||||||
|**220 **|**Net chargeable gains**_–_box 210 minus box 215|£||||||||||||•|0|0||
|||||||||||||||||||
## Profits before deductions and reliefs
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**225 **|**Losses brought forward against certain investment income**|£||||||||||||•|0|0||
|||||||||||||||||||
|**230 **|**Non-trade deficits on loan relationships (including interest)**|£||||||||||||•|0|0||
||**and derivative contracts (financial instruments)**|||||||||||||||||
||**brought forward set against non-trading profits**|||||||||||||||||
|**235 **|**Profits before other deductions and reliefs –** net sum of|£||||||||||||•|0|0||
||boxes 165 to 205 and 220 minus sum of boxes 225 and 230|||||||||||||||||
## Deductions and reliefs
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**240 **|**Losses on unquoted shares**|£||||||||||||•|0|0||
|||||||||||||||||||
|**245 **|**Management expenses**|£||||||||||||•|0|0||
|||||||||||||||||||
|**250 **|**UK property business losses for this or previous**|£||||||||||||•|0|0||
||**accounting period**|||||||||||||||||
|**255 **|**Capital allowances for the purposes of management**|£||||||||||||•|0|0||
||**of the business**|||||||||||||||||
|**260 **|**Non-trade deficits for this accounting period from loan**|£||||||||||||•|0|0||
||**relationships and derivative contracts (financial instruments)**|||||||||||||||||
CT600(2023) Version 3
HMRC 04/23
Page 3
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Deductions and Reliefs – continued
|**263 Carried forward non-trade deficits from loan relationships**
**and derivative contracts (financial instruments)**
£
0
0
•
**265 Non-trading losses on intangible fixed assets**
£
0
0
•
**275 Total trading losses of this or a later accounting period**
£
0
0
•
**280 Put an ‘X’ in box 280 if amounts carried back from later**
**accounting periods are included in box 275**
**285 Trading losses carried forward and claimed against total profits**£
0
0
•
**290 Non-trade capital allowances**
£
0
0
•
**295 Total of deductions and reliefs**
**–**total of boxes 240 to 275, 285 and 290
£
0
0
•
**300 Profits before qualifying donations and group relief**
**–** box 235 minus box 295
£
0
0
•
**305 Qualifying donations**
£
0
0
•
**310 Group relief**
£
0
0
•
**312 Group relief for carried forward losses**
£
0
0
•
**315 Profits chargeable to Corporation Tax**
**–**box 300 minus boxes 305, 310 and 312
£
0
0
•
**320 Ring fence profits included**
£
0
0
•
**325 Northern Ireland profits included**
£
0
0
•
0|**263 Carried forward non-trade deficits from loan relationships**
**and derivative contracts (financial instruments)**
£
0
0
•
**265 Non-trading losses on intangible fixed assets**
£
0
0
•
**275 Total trading losses of this or a later accounting period**
£
0
0
•
**280 Put an ‘X’ in box 280 if amounts carried back from later**
**accounting periods are included in box 275**
**285 Trading losses carried forward and claimed against total profits**£
0
0
•
**290 Non-trade capital allowances**
£
0
0
•
**295 Total of deductions and reliefs**
**–**total of boxes 240 to 275, 285 and 290
£
0
0
•
**300 Profits before qualifying donations and group relief**
**–** box 235 minus box 295
£
0
0
•
**305 Qualifying donations**
£
0
0
•
**310 Group relief**
£
0
0
•
**312 Group relief for carried forward losses**
£
0
0
•
**315 Profits chargeable to Corporation Tax**
**–**box 300 minus boxes 305, 310 and 312
£
0
0
•
**320 Ring fence profits included**
£
0
0
•
**325 Northern Ireland profits included**
£
0
0
•
0|**263 Carried forward non-trade deficits from loan relationships**
**and derivative contracts (financial instruments)**
£
0
0
•
**265 Non-trading losses on intangible fixed assets**
£
0
0
•
**275 Total trading losses of this or a later accounting period**
£
0
0
•
**280 Put an ‘X’ in box 280 if amounts carried back from later**
**accounting periods are included in box 275**
**285 Trading losses carried forward and claimed against total profits**£
0
0
•
**290 Non-trade capital allowances**
£
0
0
•
**295 Total of deductions and reliefs**
**–**total of boxes 240 to 275, 285 and 290
£
0
0
•
**300 Profits before qualifying donations and group relief**
**–** box 235 minus box 295
£
0
0
•
**305 Qualifying donations**
£
0
0
•
**310 Group relief**
£
0
0
•
**312 Group relief for carried forward losses**
£
0
0
•
**315 Profits chargeable to Corporation Tax**
**–**box 300 minus boxes 305, 310 and 312
£
0
0
•
**320 Ring fence profits included**
£
0
0
•
**325 Northern Ireland profits included**
£
0
0
•
0|
|---|---|---|
||0|0|
## Tax calculation
- **326 Number of associated companies in this period**
- **327 Number of associated companies in the first financial year**
- **328 Number of associated companies in the second financial year**
- **329 Put an ‘X’ in box 329 if the company is chargeable at the small profit rate or is entitled to marginal relief**
## Enter how much profit has to be charged and at what rate
**----- Start of picture text -----**
Financial Amount of profit Rate of tax Tax
year (yyyy) %
330 335 £ 340 345 £ p
350 £ 355 360 £ p
365 £ 370 375 £ p
380 385 £ 390 395 £ p
400 £ 405 410 £ p
415 £ 420 425 £ p
**----- End of picture text -----**
CT600(2023) Version 3
HMRC 04/23
Page 4
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Tax calculation – continued
||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Corporation Tax**– total of boxes 345, 360, 375, 395, 410 and 425||**430**|£||||||||||||•||||
||||||||||||||||||||
|**Marginal relief**||**435**|£||||||||||||•||||
||||||||||||||||||||
|**Corporation Tax chargeable**– box 430 minus box 435||**440**|£|||||||||||0|•|0|0||
||||||||||||||||||||
|Reliefs and deductions in terms of tax|||||||||||||||||||
||||||||||||||||||||
|**445 **|**Community Investment Tax Relief**||£||||||||||||•||||
||||||||||||||||||||
|**450 **|**Double Taxation Relief**||£||||||||||||•||||
|**455 **|**Put an ‘X’ in box 455 if box 450 includes an underlying**
**rate relief claim**||||||||||||||||||
|**460 **|**Put an ‘X’ in box 460 if box 450 includes an amount carried**
**back from a later period**||||||||||||||||||
|**465 **|**Advance Corporation Tax**||£||||||||||||•||||
||||||||||||||||||||
|**470 **|**Total reliefs and deduction in terms of tax**||£||||||||||||•||||
||– total of boxes 445, 450 and 465||||||||||||||||||
## Coronavirus support schemes and overpayments (see CT600 Guide for definitions)
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**471 **|**Coronavirus Job Retention Scheme (CJRS) received**|£||||||||||||•||||
|||||||||||||||||||
|**472 **|**CJRS entitlement**|£||||||||||||•||||
|||||||||||||||||||
|**473 **|**CJRS overpayment already assessed or voluntary disclosed**|£||||||||||||•||||
|||||||||||||||||||
|**474 **|**Other coronavirus overpayments**|£||||||||||||•||||
|||||||||||||||||||
## Energy profits levy
**986 Energy (Oil and Gas) Profits Levy (EOGPL) amounts liable** £ • 0 0
## Calculation of tax outstanding or overpaid
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**475 **|**Net Corporation Tax liability – **box 440 minus box 470|£||||||||||||•||||
|||||||||||||||||||
|**480 **|**Tax payable on loans and arrangements to participators**|£||||||||||||•||||
|**485 **|**Put an ‘X’ in box 485 if you completed box A70 in the**
**supplementary pages CT600A**|||||||||||||||||
|**490 **|**Controlled Foreign Companies (CFC) tax payable**|£||||||||||||•||||
|||||||||||||||||||
|**495 **|**Bank levy payable**|£||||||||||||•||||
|||||||||||||||||||
|**496 **|**Bank surcharge payable**|£||||||||||||•||||
|||||||||||||||||||
CT600(2023) Version 3
HMRC 04/23
Page 5
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
## Calculation of tax outstanding or overpaid – continued
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**497 **|**Residential Property Developer Tax (RPDT) payable**|£||||||||||||•||||
|||||||||||||||||||
|**500 **|**CFC tax, bank levy, bank surcharge and RPDT payable**|£||||||||||||•||||
||**–**total of boxes 490, 495, 496 and 497|||||||||||||||||
|**501 **|**EOGPL payable**|£||||||||||||•||||
|||||||||||||||||||
|**505 **|**Supplementary charge (ring fence trades) payable**|£||||||||||||•||||
|||||||||||||||||||
|**510 **|**Tax chargeable****_–_**total of boxes 475, 480, 500, 501 and 505|£|||||||||||0|•|0|0||
|||||||||||||||||||
|**515 **|**Income Tax deducted from gross income included in profits**|£||||||||||||•||||
|||||||||||||||||||
|**520 **|**Income Tax repayable to the company**|£||||||||||||•||||
|||||||||||||||||||
|**525 **|**Self-assessment of tax payable before restitution tax**|£|||||||||||0|•|0|0||
||**and coronavirus support scheme overpayments**|||||||||||||||||
||**–** box 510 minus box 515|||||||||||||||||
|**526 **|**Coronavirus support schemes overpayment now due**|£|||||||||||0|•|0|0||
||**–** total of boxes 471 and 474 minus boxes 472 and 473|||||||||||||||||
|**527 **|**Restitution tax**|£||||||||||||•||||
|||||||||||||||||||
|**528 **|**Self-assessment of tax payable**|£|||||||||||0|•|0|0||
||**–** total of boxes 525, 526 and 527|||||||||||||||||
## Tax reconciliation
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**530**|**Research and Development credit**|£||||||||||||•||||
|||||||||||||||||||
|**535**|**(Not currently used)**|£||||||||||||•||||
|||||||||||||||||||
|**540**|**Creative tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**545 **|**Total of Research and Development credit**|£||||||||||||•||||
||**and creative tax credit –**total box 530 to 540|||||||||||||||||
|**550**|**Land remediation tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**555**|**Life assurance company tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**560 **|**Total land remediation and life assurance company tax credit**|£||||||||||||•||||
||**–**total box 550 and 555|||||||||||||||||
|**565 **|**Capital allowances first-year tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**570 **|**Surplus Research and Development credits or**|£||||||||||||•||||
||**creative tax credit payable –**box 545 minus box 525|||||||||||||||||
|**575 **|**Land remediation or life assurance company tax credit payable**|£||||||||||||•||||
||**–**total of boxes 545 and 560 minus boxes 525 and 570|||||||||||||||||
CT600(2023) Version 3
HMRC 04/23
Page 6
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Tax reconciliation – continued
**----- Start of picture text -----**
580 Capital allowances first-year tax credit payable £ •
– boxes 545, 560 and 565 minus boxes 525, 570 and 575
585 Ring fence Corporation Tax included £ •
586 NI Corporation Tax included £ •
590 Ring fence supplementary charge included £ •
595 Tax already paid (and not already repaid) £ •
600 Tax outstanding £ •
– box 525 minus boxes 545, 560, 565 and 595
605 Tax overpaid including surplus or payable credits £ •
– total sum of boxes 545, 560, 565 and 595 minus 525
610 Group tax refunds surrendered to this company £ •
615 Research and Development expenditure credits £ •
surrendered to this company
**----- End of picture text -----**
## Exporter information
**During the return period, did the company export goods and/or services to individuals, enterprises or organisations outside the United Kingdom (UK)? 616 Yes – goods 617 Yes – services 618 No – neither**
## Indicators and information
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**620 **|**Franked investment income/Exempt ABGH distributions**|£||||||||||||•|0|0||
|**625 **|**Number of 51% group companies**|||||||||||||||0||
||**Put an ‘X’ in the relevant boxes, if in the period, the company:**|||||||||||||||||
|**630 **|**should have made (whether it has or not) instalment payments as**
**under the Corporation Tax (Instalment Payments) Regulations**||**a large**||**company**|||||||||||||
|**631 **|**should have made (whether it has or not) instalment payments as**
**under the Corporation Tax (Instalment Payments) Regulations**||**a very large company**|||||||||||||||
|**635 **|**is within a group payments arrangement for the period**|||||||||||||||||
|**640 **|**has written down or sold intangible assets**|||||||||||||||||
|**645 **|**has made cross-border royalty payments**|||||||||||||||||
|**647 **|**Eat Out to Help Out Scheme: reimbursed discounts**|£||||||||||||•|0|0||
||**included as taxable income**|||||||||||||||||
CT600(2023) Version 3
HMRC 04/23
Page 7
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
## **Information about enhanced expenditure**
Research and Development (R&D) or creative enhanced expenditure
||**650 **|**Put an ‘X’ in box 650 if the claim is made by a small or medium-sized**
**enterprise (SME), including a SME subcontractor to a large company**|**Put an ‘X’ in box 650 if the claim is made by a small or medium-sized**
**enterprise (SME), including a SME subcontractor to a large company**|**Put an ‘X’ in box 650 if the claim is made by a small or medium-sized**
**enterprise (SME), including a SME subcontractor to a large company**|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**655 **|**Put an ‘X’ in box 655 if the claim is made by a large company**|||||||||||||||||
||**656 **|**Put an ‘X’ in box 656 to confirm that a R&D claim notification form has been submitted**|||||||||||||||||
||**657 **|**Put an ‘X’ in box 657 to confirm that an additional information form has been**|||||**submitted**||||||||||||
||**659 **|**R&D expenditure qualifying for SME R&D relief**|£||||||||||||•|0|0||
||||||||||||||||||||
||**660**|**R&D enhanced expenditure**|£||||||||||||•|0|0||
||||||||||||||||||||
||**665**|**Creative enhanced expenditure**|£||||||||||||•|0|0||
||||||||||||||||||||
||**670 **|**R&D and creative enhanced expenditure**|£||||||||||||•|0|0||
|||total box 660 and box 665|||||||||||||||||
||**675 **|**R&D enhanced expenditure of a SME on work**|£||||||||||||•|0|0||
|||**subcontracted to it by a large company**|||||||||||||||||
||**680 **|**Vaccine research expenditure**|£||||||||||||•|0|0||
||||||||||||||||||||
|Land remediation enhanced expenditure|||||||||||||||||||
||||||||||||||||||||
||**685 **|**Enter the total enhanced expenditure**|£||||||||||||•|0|0||
||||||||||||||||||||
CT600(2023) Version 3
Page 8
HMRC 04/23
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
**Information about capital allowances and balancing charges** Allowances and charges in the calculation of trading profits and losses
||**Capital allowances**|**Capital allowances**|**Capital allowances**|**Capital allowances**|**Capital allowances**|||||||||**Balancing charges**|**Balancing charges**|**Balancing charges**|**Balancing charges**|**Balancing charges**||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Annual investment**
**allowance**|**690**|£||||||||||||||||||||||||||
|**Machinery and plant**
**– super-deduction**|
**691**|£||||||||||||**692**|£|||||||||||||
|**Machinery and plant**
**– special rate allowance**|
**693**|£||||||||||||**694**|£|||||||||||||
|**Machinery and plant**
**– special rate pool**|
**695**|£||||||||||||**700**|£|||||||||||||
|**Machinery and plant**
**– main pool**|
**705**|£||||||||||||**710**|£|||||||||||||
|**Structures and**
**buildings**|**711**|£||||||||||||||||||||||||||
|**Business premises**
**renovation**|**715**|£||||||||||||**720**|£|||||||||||||
|**Other allowances**
**and charges**|**725**|£||||||||||||**730**|£|||||||||||||
||**Capital allowances**|||||||||||||**Disposal**||**value**||||||||||||
|**Electric**
**charge-points**|**713**|£||||||||||||**714**|£|||||||||||||
|**Enterprise zones**|**721**|£||||||||||||**722**|£|||||||||||||
|**Zero emissions**
**goods vehicles**|**723**|£||||||||||||**724**|£|||||||||||||
|**Zero emissions**|**726**|£||||||||||||**727**|£|||||||||||||
|**cars**||||||||||||||||||||||||||||
## Allowances and charges not included in the calculation of trading profits and losses
||**Capital allowances**|**Capital allowances**|**Capital allowances**|**Capital allowances**|**Capital allowances**|||||||||**Balancing charges**|**Balancing charges**|**Balancing charges**|**Balancing charges**|**Balancing charges**||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Annual investment**
**allowance**|**735**|£||||||||||||||||||||||||||
|**Structures and**
**buildings**|**736**|£||||||||||||||||||||||||||
|**Business premises**
**renovation**|**740**|£||||||||||||**745**|£|||||||||||||
|**Machinery and plant**
**– super-deduction**|**741**|£||||||||||||**742**|£|||||||||||||
|**Machinery and plant**
**– special rate allowance**|
**743**|£||||||||||||**744**|£|||||||||||||
|**Other allowances**
**and charges**|**750**|£||||||||||||**755**|£|||||||||||||
||**Capital allowances**|||||||||||||**Disposal**||**value**||||||||||||
|**Electric**
**charge-points**|**737**|£||||||||||||**738**|£|||||||||||||
|**Enterprise zones**|**746**|£||||||||||||**747**|£|||||||||||||
|**Zero emissions**
**goods vehicles**|**748**|£||||||||||||**749**|£|||||||||||||
|**Zero emissions**|**751**|£||||||||||||**752**|£|||||||||||||
|**cars**||||||||||||||||||||||||||||
CT600(2023) Version 3
Page 9
HMRC 04/23
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Qualifying expenditure
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**760 **|**Machinery and plant on which first**|£||||||||||||•|0|0||
||**year allowance is claimed**|||||||||||||||||
|**765 **|**Designated environmentally friendly**|£||||||||||||•|0|0||
||**machinery and plant**|||||||||||||||||
|**770 **|**Machinery and plant on long-life**|£||||||||||||•|0|0||
||**assets and integral features**|||||||||||||||||
|**771 **|**Structures and buildings**|£||||||||||||•|0|0||
|||||||||||||||||||
|**772 **|**Machinery and plant**|£||||||||||||•|0|0||
||**– super-deduction**|||||||||||||||||
|**773 **|**Machinery and plant**|£||||||||||||•|0|0||
||**– special rate allowance**|||||||||||||||||
|**775 **|**Other machinery and plant**|£||||||||||||•|0|0||
|||||||||||||||||||
## **Losses, deficits and excess amounts** Amount arising
||**Amount**|**Amount**||||||||||||**Maximum available**|**Maximum available**|**Maximum available**|**Maximum available**|**Maximum available**|**for surrender**|**for surrender**|**for surrender**|**for surrender**||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||**as group relief**||||||||||||||
|**Losses of trades**
**carried on wholly**|**780**|£||||||||||||**785**|£|||||||||||||
|**or partly in the UK**
**Losses of trades**|**790**|£||||||||||||||||||||||||||
|**carried on wholly**||||||||||||||||||||||||||||
|**outside the UK**||||||||||||||||||||||||||||
|**Non-trade deficits**|**795**|£||||||||||||**800**|£|||||||||||||
|**on loan relationships**||||||||||||||||||||||||||||
|**and derivative contracts**||||||||||||||||||||||||||||
|**UK property**
**business losses**|**805**|£||||||||||||**810**|£|||||||||||||
|**Overseas property**
**business losses**|**815**|£||||||||||||||||||||||||||
|**Losses from**
**miscellaneous**|**820**|£||||||||||||||||||||||||||
|**transactions**||||||||||||||||||||||||||||
|**Capital losses**|**825**|£||||||||||||||||||||||||||
|**Non-trading losses on**
**intangible fixed assets**|**830**|£||||||||||||**835**|£|||||||||||||
## Excess amounts
**Amount Maximum available for surrender as group relief Non-trade capital 840** £ **allowances Qualifying donations 845** £ **Management expenses 850** £ **855** £
CT600(2023) Version 3
Page 10
HMRC 04/23
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
**Northern Ireland information**
|**856 **
|**Amount of group relief claimed which relates to NI trading**
**losses used against rest of UK/mainstream profits**|£||||||||||||•|0|0||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**857 **
|**Amount of group relief claimed which relates to NI trading**
**losses used against NI trading profits**|£||||||||||||•|0|0||
|**858 **
|**Amount of group relief claimed which relates to rest of**
**UK/mainstream losses used against NI trading profits**|£||||||||||||•|0|0||
## **Overpayments and repayments** Small repayments
**860 Do not repay sums of** £ • 0 0 **or less.**
**Read the overpayments and repayments section of the Company Tax Return Guide for specific guidance on when and how to make an entry in this box.**
## Repayments for the period covered by this return
|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**865**|**Repayment of Corporation Tax**|£||||||||||||•||||
|||||||||||||||||||
|**870**|**Repayment of Income Tax**|£||||||||||||•||||
|||||||||||||||||||
|**875**|**Payable Research and Development tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**880**|**Payable Research and Development expenditure credit**|£||||||||||||•||||
|||||||||||||||||||
|**885**|**Payable creative tax credit**|£||||||||||||•||||
|||||||||||||||||||
|**890**|**Payable land remediation or life assurance company**|£||||||||||||•||||
||**tax credit**|||||||||||||||||
|**895**|**Payable capital allowances first-year tax credit**|£||||||||||||•||||
|||||||||||||||||||
## Surrender of tax refund within group
||**Including surrenders under the Instalment Payments Regulations**|**Including surrenders under the Instalment Payments Regulations**||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**900 **|**The following amount is to be surrendered**|£||||||||||||||•||||
||**Put an ‘X’ in the appropriate boxes below**|||||||||||||||||||
||**the joint Notice is attached**|**905**||||||||||||||||||
||**or**|||||||||||||||||||
||**will follow**|**910**||||||||||||||||||
|||||||||||||||||||||
|**915**|**Please stop repayment of the following amount**|£||||||||||||||•||||
||**until we send you the Notice**|||||||||||||||||||
CT600(2023) Version 3
HMRC 04/23
Page 11
**(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC**
## Bank details (for a person to whom a repayment is to be made)
**920 Name of bank or building society**
**925 Branch sort code**
**930 Account number 935 Name of account 940 Building society reference**
## Payments to a person other than the company
**945 Complete the authority below if you want the repayment to be made to a person other than the company I, as** (enter status – for example, company secretary, treasurer, liquidator or authorised agent)
**950 of** (enter company name)
**955 authorise** (enter name)
**960 of address** (enter address)
**965 Nominee reference**
**to receive payment on company’s behalf**
**970 Name**
## **Declaration**
**Declaration** I declare that the information I have given on this Company Tax Return and any supplementary pages is correct and complete to the best of my knowledge and belief. I understand that giving false information in the return, or concealing any part of the company’s profits or tax payable, can lead to both the company and me being prosecuted.
**975 Name** FELICITY STONEHILL **980 Date** DD MM YYYY 19/12/2023 **985 Status** DIRECTOR
CT600(2023) Version 3
Page 12
HMRC 04/23
**Company Tax Return – supplementary page Charities and Community Amateur Sports Clubs (CASCs) CT600E (2015) Version 3 for accounting periods starting on or after 1 April 2015**
## (FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
## **Guidance**
Guidance about when and how to complete this supplementary page can be found in the CT600 Guide.
For further information read _What supplementary pages do I need to complete and include as part of the Company Tax Return?_ to find out what supplementary pages you need to complete.
Also, read the _Important points about all supplementary pages_ and _CT600E – Charities and Community Amateur Sports Clubs (CASCs)_ for further guidance about completing this supplementary page.
## **Company information**
**----- Start of picture text -----**
E1 Company name The Friendly Almshouses
(name of charity or CASC)
E2 Tax reference
2 8 5 2 6 2 7 9 1 2
Period covered by this supplementary page (cannot exceed 12 months)
E3 from DD MM YYYY
0 1 0 4 2 0 2 2
E4 to DD MM YYYY 3 1 0 3 2 0 2 3
Claims to exemption ( this section should be completed in all cases)
Charity/CASC repayment reference E5
Charity Commission registration number, or E10 1166703
OSCR number (if applicable)
Put an ‘X’ in the relevant box if during the period covered by these supplementary pages:
The company was a charity/CASC and is claiming E15 X
exemption from all tax on all or part of its income
and gains (Also put an ‘X’ in box E15 if the company
was a charity/CASC but had no income or gains in the period)
All income and gains are exempt from tax and have been, E20 X
or will be, applied for charitable or qualifying purposes only
Some of the income and gains may not be exempt or have E25
not been applied for charitable or qualifying purposes only,
and I have completed form CT600
I claim exemption from tax
Name
E30
Status
E35
Date DD MM YYYY
E40
**----- End of picture text -----**
CT600E(2015) Version 3
HMRC 04/15
Page 1
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
## Repayments
**To make a repayment claim for the period covered by these supplementary pages, please register and enrol to use the Charities Online service. See CT600 guide for further information.**
**Put an ‘X’ in the box if during the period covered by these supplementary pages you have over claimed tax.**
**E45**
## Information required
**Enter details of any income received from the following sources, claimed as exempt from tax in the hands of the charity/CASC. Enter the figure included in the charity’s/CASC’S accounts for the period covered by this return.**
**Non-exempt amounts should be entered on form CT600 in the appropriate boxes.**
|**Type of income**
**Amount**
**Enter total turnover from exempt charitable**
**trading activities**
£
0
0
•
**E50**
**Investment income – exclude any amounts included on**
**form CT600**
£
0
0
•
**E55**
**UK land and buildings – exclude any amounts included**
**on form CT600**
£
0
0
•
**E60**
**Gift Aid – exclude any amounts included on form CT600**
£
0
0
•
**E65**
**From other charities – exclude any amounts included**
**on form CT600**
£
0
0
•
**E70**
**Gifts of shares or securities received**
£
0
0
•
**E75**
**Gifts of real property received**
£
0
0
•
**E80**
**Other sources (not included above)**
£
0
0
•
**E85**
**Total of boxes E50 to E85**
£
0
0
•
**E90**
3
7
7
2
7
1
1
0
1
2
3
7
1
8
2
9
4
4
3
0|**Type of income**
**Amount**
**Enter total turnover from exempt charitable**
**trading activities**
£
0
0
•
**E50**
**Investment income – exclude any amounts included on**
**form CT600**
£
0
0
•
**E55**
**UK land and buildings – exclude any amounts included**
**on form CT600**
£
0
0
•
**E60**
**Gift Aid – exclude any amounts included on form CT600**
£
0
0
•
**E65**
**From other charities – exclude any amounts included**
**on form CT600**
£
0
0
•
**E70**
**Gifts of shares or securities received**
£
0
0
•
**E75**
**Gifts of real property received**
£
0
0
•
**E80**
**Other sources (not included above)**
£
0
0
•
**E85**
**Total of boxes E50 to E85**
£
0
0
•
**E90**
3
7
7
2
7
1
1
0
1
2
3
7
1
8
2
9
4
4
3
0|**Type of income**
**Amount**
**Enter total turnover from exempt charitable**
**trading activities**
£
0
0
•
**E50**
**Investment income – exclude any amounts included on**
**form CT600**
£
0
0
•
**E55**
**UK land and buildings – exclude any amounts included**
**on form CT600**
£
0
0
•
**E60**
**Gift Aid – exclude any amounts included on form CT600**
£
0
0
•
**E65**
**From other charities – exclude any amounts included**
**on form CT600**
£
0
0
•
**E70**
**Gifts of shares or securities received**
£
0
0
•
**E75**
**Gifts of real property received**
£
0
0
•
**E80**
**Other sources (not included above)**
£
0
0
•
**E85**
**Total of boxes E50 to E85**
£
0
0
•
**E90**
3
7
7
2
7
1
1
0
1
2
3
7
1
8
2
9
4
4
3
0|
|---|---|---|
||0|0|
**Enter details of expenditure as shown in the charity’s/CASC’s accounts for the period covered by these supplementary pages**
|**Type of expenditure**
**Amount**
**Trading costs in relation to exempt charitable activities**
**(in box E50)**
£
0
0
•
**E95**
**UK land and buildings costs in relation to exempt**
**charitable activities (in box E60)**
£
0
0
•
**E100**
**All general administration/governance costs**
£
0
0
•
**E105**
**All grants and donations made within the UK**
£
0
0
•
**E110**
**All grants and donations made outside the UK**
£
0
0
•
**E115**
**Other expenditure not included above, or not used in**
**calculating figures entered on the form CT600**
£
0
0
•
**E120**
**Total of boxes E95 to E120**
£
0
0
•
**E125**
2
4
1
2
7
5
1
7
7
2
0
2
1
5
7
6
6
4
8
3
0
7|**Type of expenditure**
**Amount**
**Trading costs in relation to exempt charitable activities**
**(in box E50)**
£
0
0
•
**E95**
**UK land and buildings costs in relation to exempt**
**charitable activities (in box E60)**
£
0
0
•
**E100**
**All general administration/governance costs**
£
0
0
•
**E105**
**All grants and donations made within the UK**
£
0
0
•
**E110**
**All grants and donations made outside the UK**
£
0
0
•
**E115**
**Other expenditure not included above, or not used in**
**calculating figures entered on the form CT600**
£
0
0
•
**E120**
**Total of boxes E95 to E120**
£
0
0
•
**E125**
2
4
1
2
7
5
1
7
7
2
0
2
1
5
7
6
6
4
8
3
0
7|**Type of expenditure**
**Amount**
**Trading costs in relation to exempt charitable activities**
**(in box E50)**
£
0
0
•
**E95**
**UK land and buildings costs in relation to exempt**
**charitable activities (in box E60)**
£
0
0
•
**E100**
**All general administration/governance costs**
£
0
0
•
**E105**
**All grants and donations made within the UK**
£
0
0
•
**E110**
**All grants and donations made outside the UK**
£
0
0
•
**E115**
**Other expenditure not included above, or not used in**
**calculating figures entered on the form CT600**
£
0
0
•
**E120**
**Total of boxes E95 to E120**
£
0
0
•
**E125**
2
4
1
2
7
5
1
7
7
2
0
2
1
5
7
6
6
4
8
3
0
7|
|---|---|---|
||0|0|
CT600E(2015) Version 3
Page 2
HMRC 04/15
(FRI031) D6GSP2LUXWUIFOSQPVWSX2NNM7RWXGPC
Information required
## **Charity/CASC assets**
|**Charity/CASC assets**|**Charity/CASC assets**|**Charity/CASC assets**|**Charity/CASC assets**||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Disposals in period**|||||||||||||**Held at the**|||**end of the period**|||||||||||
|**(total consideration received)**|||||||||||||**(use accounts figures)**||||||||||||||
|**Tangible fixed**
**E130**
£|||||||||||||**E135**|£||||||1|3|1|6|4|9|5|
|**assets**|||||||||||||||||||||||||||
|**UK investments**
**E140**
£|||||||||||||**E145**|£||||||||||5|8|2|
|**(excluding**|||||||||||||||||||||||||||
|**controlled companies)**|||||||||||||||||||||||||||
|**Shares in,**
**E150**
£|||||||||||||**E155**|£|||||||||||||
|**and loans to,**|||||||||||||||||||||||||||
|**controlled companies**|||||||||||||||||||||||||||
|**Overseas**
**E160**
£|||||||||||||**E165**|£|||||||||||||
|**investments**|||||||||||||||||||||||||||
|**Loans and non-trade debtors**|||||||||||||**E170**|£||||||||1|3|4|3|2|
||||||||||||||||||||||||||||
|**Other current assets**|||||||||||||**E175**|£|||||||3|2|8|1|3|3|
||||||||||||||||||||||||||||
|**Qualifying investments and loans**|||||||||||||**E180**||||||||||||||
|_Applies to charities only. See CT600 Guide_|||||||||||||||||||||||||||
|**Value of any non-qualifying investments and loans**|||||||||||||**E185**|£|||||||||||||
|_Applies to charities only. See CT600 Guide_|||||||||||||||||||||||||||
|**Number of subsidiary or associated companies the charity**|||||||||||||**E190**||||||||||||||
|**controls at the end of the period. Exclude companies that**|||||||||||||||||||||||||||
|**were dormant throughout the period**|||||||||||||||||||||||||||
CT600E(2015) Version 3
HMRC 04/15
Page 3
The Committee The Friendly Almshouses Martindale House 155 Stockwell Park Road Brixton London SW9 0LT
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
## Dear Sirs
We confirm, to the best of our knowledge and belief and having made appropriate inquiries of other officials of The Friendly Almshouses (“TFA”), the following representations which are given to you in connection with your independent examination of the financial statements of the TFA for the year ended 31 March 2023.
## **ASSETS**
## General
1. All assets included in the balance sheet were at that date in existence and owned by the TFA and free from any lien, encumbrance or charge, except as disclosed in the financial statements. The balance sheet includes all tangible assets owned by the TFA.
## Tangible Fixed Assets
2. The net book amounts at which the tangible fixed assets are stated in the balance sheet are arrived at:
- a) After taking into account all capital expenditure on additions thereto, but no expenditure properly chargeable to revenue.
- b) After eliminating the cost and accumulated depreciation relating to items sold or scrapped.
- c) After providing for depreciation and obsolescence on bases and at rates calculated to reduce the net book amount of each asset to its estimated residual value by the end of its probable useful life in the TFA’s business. In this respect we are satisfied that the probable useful lives have been realistically estimated.
3. The TFA has not contracted for any capital expenditure other than as disclosed in the financial statements.
## Stock and Work in Progress
4. The TFA had no stocks or work in progress at the balance sheet date.
## Other Current Assets
5. On realisation in the ordinary course of the TFA’s business the other current assets in the balance sheet are expected to produce at least the amounts at which they are stated. In particular, adequate provision has been made against all amounts owing to the TFA which are known, or may be expected, to be irrecoverable.
## **LIABILITIES**
## General
6. All liabilities have been recorded in the accounting records, including the liability for all purchases to which title has passed prior to the balance sheet date and for all items included in stock.
## Reservation of Title
7. Having regard to the terms and conditions of sale imposed by all major suppliers of goods including fixed assets, the trade creditors at the balance sheet date include no significant amounts resulting from the purchase of goods on terms which include reservation of title by suppliers.
## Provision for Losses
8. Appropriate provisions have been made for all significant losses capable of being estimated with reasonable accuracy which are now expected to result from commitments, contingent liabilities and other events which occurred by the balance sheet date.
## Contingent Liabilities
9. All material contingent liabilities have been appropriately disclosed in the financial statements other than those where the possibility of losses arising therefrom is remote.
10. All known actual or possible litigation and claims whose effects should be considered when preparing the financial statements have been disclosed to you and accounted for and disclosed in accordance with the United Kingdom Generally Accepted Accounting Practices, (“UK GAAP”).
11. We have no plans or intentions that may materially affect the book value of any assets or liabilities.
## **RESULTS**
12. Except as disclosed in the financial statements, the results for the year were not materially affected by transactions of a sort not usually undertaken by the TFA, circumstances of an exceptional or non-recurring nature, or charges or credits relating to prior years.
## **EVENTS SINCE THE BALANCE SHEET DATE**
13. There have been no events since the balance sheet date which require disclosing or which would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.
## **GENERAL**
## Completeness of Information
14. All accounting records have been made available to you for the purpose of your independent examination of financial statements in accordance with your terms of engagement and that all transactions undertaken by the TFA have been properly reflected and recorded in the accounting records.
## Compliance with Regulations and Contractual Agreements
15. We are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the TFA conducts its business and which are central to the TFA’s ability to conduct its business, except as explained to you and as disclosed in the financial statements.
16. The TFA has complied with all aspects of agreements that would have a material effect on the financial statements in the event of non-compliance. In particular, there have been no defaults in respect of any loan agreements.
## Related Party Transactions
17. We are aware that a related party of the TFA is a person or organisation which either (directly or indirectly) controls, has joint control of, or significantly influences the TFA or vice versa and, as a result, will include members (as a guide, more than 20% of the voting rights), trustees, other key management, close family and other business interests of the aforementioned. We confirm that there were no related party transactions for the year ended 31 March 2023.
18. All related party relationships and transactions have been accounted for and disclosed in accordance with UK GAAP.
The TFA has had, at no time during the year, any arrangement, transaction or agreement to provide credit facilities (including advances and credits granted by the TFA) for the trustees, nor to provide guarantees of any kind on behalf of the trustees.
## Going Concern Basis
19. Having considered our expectations and intentions for the next 12 months and the availability of working capital, the TFA is a going concern.
## Accounting Estimates
20. Significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable.
We confirm that the above representations are made on the basis of enquiries of management and staff with relevant knowledge and expertise (and, where appropriate, of supporting documentation) sufficient to satisfy ourselves that we can properly make these representations to you and that to the best of our knowledge and belief they accurately reflect the representation made to you by the trustees in the course of your examination of financial statements.
Yours faithfully
Signed on behalf of the trustees by:
17/12/2023
……………………………….. ……………………………….. F D Stonehill Date Trustee