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2021-03-31-accounts

Hurst Consolidated Charity Annual Report 2020-2021 Registration Number 1177503

The Charity operates under the Charity Commission Scheme dated: 12th March 2018 The Charity is a Charitable Incorporated Organisation Trustees 2020-2021 Chairman Mr. E J Edwards Vice Chairman Mr. R J Fort Treasurer/Trustee Mr. J H Penney Mr. G Harper – rep Winnersh Parish Council Mr. W Osborne – co-opted Mr. W Smith – rep Hurst Parish Council Mrs. P Wickenden – co-opted

Introduction

The Charity's main purpose is the provision and maintenance of fifteen single and five double units of Almshouse accommodation situated across Hurst (three sites) and Twyford (one site) in Berkshire.

Residents

Twenty-one residents aged between 53 and 93 occupy the Almshouses. Sadly, during the year six residents passed away (all non-Covid related illnesses). One of the residents at the age of 96 had lived in an almshouse for over thirty-six years. The Charity welcomed five new residents.

Dame Dorothy Almshouses, London Road, Twyford, built 1660 The entrance hallway light was replaced with a more energy efficient LED version with battery back-up.

A boundary wall pillar needed to be rebuilt following vandalism.

Anti-climb paint has been re-applied to the high boundary wall along with warning signage.

William Barker Almshouses, Church Hill, Hurst, built 1664 and 1980 Following the death of the Charity's longest serving resident (36 years), the property underwent complete refurbishment, including a new kitchen and shower room, bringing the property up to a comfortable modern-day standard.

The courtyard grass has been scarified and fertilized by Mr. Osborne (trustee) which has greatly improved its condition.

New external LED lighting with battery back-up has been installed in the courtyard replacing the existing lights which were old and not energy efficient.

Lodge Close Almshouse, Hinton Road, Hurst, built 1960

One of the properties became vacant following the death of a resident. This property was redecorated, and new carpets were fitted throughout.

The solar panels installed on this property continued to provide valuable income for the Charity.

Richard Bigg Almshouse, Hinton Road, Hurst, built 2019

This new build has been short listed for The Almshouse Association Patrons Award, judges will be visiting the site in August 2021.

2

Administration

The five-year Quinquennial Survey Report was carried out on all properties by TP Architects, no major problems were found and a small amount of remedial work was brought to the Charity's attention.

All properties had an electrical DEICR 5-year inspection carried out.

All gas boilers were serviced by British Gas and Landlord Safety Certificates issued.

The Weekly Maintenance Charge was increased by 5%

Covid – all residents have coped very well with the restrictions caused by the pandemic.

Twenty Year-6 school leavers from St Nicholas School, Hurst were presented with bibles as indicated in the will of the late Dame Dorothy Harrison 1664.

Due to restrictions because of the pandemic the Trustees Quarterly Meetings were cancelled. The Trustees were kept informed by a quarterly Chairman's Report detailing changes and alterations within the Charity.

Trustees

Mr. Edwards was proposed and elected to serve as Chairman for the year 2020-2021

Summary

The Charity continues to provide high quality, affordable housing for local people.

The buildings benefit from regular upgrading and improvement works, along with day-to-day maintenance carried out as required.

Grounds are regularly mowed and tended by the Charity's gardener, with residents being encouraged to care for their own flowerbeds.

3

Clerk to the Trustees Mrs. L Gladdish
Bridleway Farm
Islandstone Lane, Hurst
Reading, Berkshire RG10 0RJ
Bankers Unity Trust Bank plc
PO Box 7193
Planetary Road
Willenhall WV1 9DG
Solicitors Field, Seymour, Parkes
The Old Coroners Court
1 London Road
Reading, Berkshire RG1 4QW
Auditor Elsbury's Ltd
Suite 2
1 Kings Ride
Crowthorne, Berkshire RG45 7BF
Architects TP Architects
33a St Luke's Road
Maidenhead
Berkshire SL6 7D

Page
GerieralInfonnatioa 1.
$tatementofTrustses'RespnsibititiesandCurrentActivities2.
Accountants Report 3.
Iacorne andExpndifirreAccount A
BatrancsShset 5.

AUDITORS: Elsburys
Suite2
1,Kings Rd
Crowthome
Berkshirs
RG457BF
REGISTEREDWITH: TheCharityCommissionersNo.1177503

FortheYeart o3LstMarch202 1
Actual Mar-24
INCOME s E
Maintenancelncome 96,94A 88,736
Laundry Income 1,030 592
Dividend Income 5,955 6,152
Interestlncorns
SolarFanetIncome s22e 4,159
TotalIneone glw,164 f99,639
EXPENDITT]BS
Loan Interest 14,435 12,760
WaterRates 3,104 3,446
Electriclty 854 638
GasService&Supply 6,344 6,813
Gardening 5,335 5,896
Maintenance 19,067 14,494
AlarmMaintenance 1,454 1,085
NAASubscripti<ra 216 2t0
Sundriee 90 8
Admin 15,725 13,838
Post&Stat 75 143
Telephone 0 0
GenAdmin (38) 793
trnsurance 31485 3,343
Accountancy 840 840
Donations 555 255
Iegal/Professional 3,120 1,080
ApplianceRental 1"944 tAss
Properly Depreciation 16,000 4,960
OfficeEquipment Dep'n 277 277
SolarPanel Dep'n 3,452 3,052
BankCharges 82 28
TotalExpenditure y2,al5 74,615
$urplusforPeriod {17,149 825,023

Balance$heet- 31stMarch20 21
Mar-20
FD(EDASSSTS E
Freehold Properties 734,145 134,tr45
Property knprovements 188,582 188,582
ChurchHillE*e$sion 68,952 68,9s2
TwyfordRenovation 252,399 252,i99
Richard BiggAlmshouses 569,316 547,147
1,213,394 I,t91,225
Less:Depreciation (e2818] (81,818)
\115,575 1,r09,407
Less: SocialHousirgGrant (389,0482 (389,048)
726,527 720,359
Equipment 40,905 40,905
Less:Depreciation (37,3ffi2 {3s,e71)
3,@4 6,933
Investrnsnts {Re-valuedat3lstMarch2021) 235,O93 193,636
Total FixedAssets 965,224 920,928
CTIBRETTTAS$ETS
UnityBank 12,L92 14,351
TotalCurrentAssets 12,192 14,351
CURNENTLIABITITIES
Aceruals 1,243 1,152
Housing Loans repayablewithinIyear
TotalCurrentLiabilities
i6,760 I1,442
18,$02-*-----TT'W
NetCunentAssets (5,810)
t-75'.1
TOTALNETASSETS: t 959,415f. 922,686
Crrdifsrr*Sver0neYear&Prwisions
HousingLoans -OverIYear 22,189 22,400
AknshouseAss.Lmn 70,000 85,000
ChantyBaakMortgage 216,569 223,235
CAPITAL&REffDNYES
AlmshousesCapitalFuad 235,A93 193,636
ReservesBff 398,414 373,39t
Surplus/ {LossiforYsr t7,149 25,A23
650,656 922,686
CAPITAL&R"ESER\rES {. 959.415,,-E922-6*ti
Page
GerieralInfonnatioa 1.
$tatementofTrustses'RespnsibititiesandCurrentActivities2.
Accountants Report 3.
Iacorne andExpndifirreAccount A
BatrancsShset 5.

AUDITORS: Elsburys
Suite2
1,Kings Rd
Crowthome
Berkshirs
RG457BF
REGISTEREDWITH: TheCharityCommissionersNo.1177503

FortheYeart o3LstMarch202 1
Actual Mar-24
INCOME s E
Maintenancelncome 96,94A 88,736
Laundry Income 1,030 592
Dividend Income 5,955 6,152
Interestlncorns
SolarFanetIncome s22e 4,159
TotalIneone glw,164 f99,639
EXPENDITT]BS
Loan Interest 14,435 12,760
WaterRates 3,104 3,446
Electriclty 854 638
GasService&Supply 6,344 6,813
Gardening 5,335 5,896
Maintenance 19,067 14,494
AlarmMaintenance 1,454 1,085
NAASubscripti<ra 216 2t0
Sundriee 90 8
Admin 15,725 13,838
Post&Stat 75 143
Telephone 0 0
GenAdmin (38) 793
trnsurance 31485 3,343
Accountancy 840 840
Donations 555 255
Iegal/Professional 3,120 1,080
ApplianceRental 1"944 tAss
Properly Depreciation 16,000 4,960
OfficeEquipment Dep'n 277 277
SolarPanel Dep'n 3,452 3,052
BankCharges 82 28
TotalExpenditure y2,al5 74,615
$urplusforPeriod {17,149 825,023

Balance$heet- 31stMarch20 21
Mar-20
FD(EDASSSTS E
Freehold Properties 734,145 134,tr45
Property knprovements 188,582 188,582
ChurchHillE*e$sion 68,952 68,9s2
TwyfordRenovation 252,399 252,i99
Richard BiggAlmshouses 569,316 547,147
1,213,394 I,t91,225
Less:Depreciation (e2818] (81,818)
\115,575 1,r09,407
Less: SocialHousirgGrant (389,0482 (389,048)
726,527 720,359
Equipment 40,905 40,905
Less:Depreciation (37,3ffi2 {3s,e71)
3,@4 6,933
Investrnsnts {Re-valuedat3lstMarch2021) 235,O93 193,636
Total FixedAssets 965,224 920,928
CTIBRETTTAS$ETS
UnityBank 12,L92 14,351
TotalCurrentAssets 12,192 14,351
CURNENTLIABITITIES
Aceruals 1,243 1,152
Housing Loans repayablewithinIyear
TotalCurrentLiabilities
i6,760 I1,442
18,$02-*-----TT'W
NetCunentAssets (5,810)
t-75'.1
TOTALNETASSETS: t 959,415f. 922,686
Crrdifsrr*Sver0neYear&Prwisions
HousingLoans -OverIYear 22,189 22,400
AknshouseAss.Lmn 70,000 85,000
ChantyBaakMortgage 216,569 223,235
CAPITAL&REffDNYES
AlmshousesCapitalFuad 235,A93 193,636
ReservesBff 398,414 373,39t
Surplus/ {LossiforYsr t7,149 25,A23
650,656 922,686
CAPITAL&R"ESER\rES {. 959.415,,-E922-6*ti