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2021-04-05-accounts

Pembridge Almshouses Charity

Charity Number 1177996

Trustees’ Annual Report for year ending 5th April 2021

Registered O�ice: Little Orchard Shobdon Leominster Herefordshire HR6 9NQ

Trustees G C Hardy (Chair) Rev. A L Branston G J Evans S A Jaques B G Norman D T Owens (Chair at the time) R C Price R Smith

Trustees no longer current but serving in the year reported None

External Examiner Housego Accountancy and Taxation O�ice 10 Broadaxe Business Park Presteigne Powys LD8 2UH

Structure, Governance and Management

The charity was registered as a charitable incorporated organisation on 17.4.2018.

The charity is managed by a Board of Trustees. During the year they met as frequently as the Covid restrictions permitted, but there was a reduction overall. The Clerk to the charity is responsible for the administration and the day-to-day operations at the Almshouses. The appointment of Trustees takes account of the range of relevant skills and experience they have and their connection to the parish of Pembridge by either residency or work. New Trustees and Clerks are inducted by the Board and are encouraged to attend training courses run by the Almshouse Association and others.

Objectives

amongst those within the parish of Pembridge and neighbouring parishes by o�ering Almshouse accommodation. Also, to provide such charitable purposes for the benefit of residents and former residents as the Trustees may decide.

There are two seventeenth century Almshouses within the village for which the charity is responsible. One of them, Duppa Almshouses, is uninhabited as it needs major investment to undertake essential structural repairs. It also needs conversion and modernisation of the accommodation to make it both suitable and comfortable. The other building, Tra�ord Almshouses, has six cottages with a mix of two- and one-bedroom accommodation.

a�ord commercial rents and thereby protecting their health and wellbeing. The Trustees confirm that they have had due regard for the Charity Commission guidance in respect of public benefit when reviewing the charity's aims and objectives and planning future activities.

Activities

Routine maintenance continued throughout the period. The conversion of Duppa Almshouses from 4 to 2 dwellings was prepared for the planning authority

Financial Review

The trustees take the view that reserves are essential to maintain the ongoing viability of the charity. As the Weekly Maintenance Contribution is the only revenue stream, su�icient funds have been set aside to enable the charity to continue to operate for at least 4 months in the event of a severe reduction to or cessation of this income. The trustees have also set aside funds for cyclical maintenance.

The charity has one designated fund which is the Extraordinary Repair Fund. Results for the year: The deficit for the year amounted to £11,195 as compared to a deficit the previous year of £23,635. This was due to legal fees of £2,728, a reduction in weekly maintenance contributions of £1,254 and other sundry expenses of £5,278. This report was approved by the board and signed on its behalf

Signed:

Full Name:

Geo�rey Hardy

Position: Chair of Trustees 07/12/2025 Date:

PEMBRIDGE ALMSHOUSES CHARITY period 6th April 2020 to 5 April 2021

RECEIPTS & PAYMENTS ACCOUNTS

RECEIPTS
Weekly Maintenance Charges
Bank Interest Investment Accs
Share Dividends (NAACIF) - M&G Charities
Charity Land Grazing Agreements
HCC Benefits
Council Tax refund
PAYMENTS
Council Tax
Annual Property Insurance
Refurbishment Planning Costs
Richards Furnishings
Almshouses Maintenance
Clerks Fees & Expenses
Water Supply (Grazing Land)
Legal fees
Electricity
Unknown Expenses - no paperwork
Subscriptions
Gift
Net of Receipts/payments
TRANSFERS
Net Transfer of funds
05/04/2021
Totals (£)
12080.00
463.66
-
555.00
1350.00
148.26
14596.92
12270.06
0.00
0.00
1194.00
139.00
3165.30
79.95
2728.80
576.05
5277.86
361.00
0.00
25792.02
-11195.10
0.00
05/04/2020
Totals (£)
13334.98
752.13
1471.78
-
-
-
15558.89
7530.30
2562.78
18585.26
-
4928.83
4633.55
28.85
709.12
-
-
193.00
22.00
39193.69
-23634.80
2702.74

PEMBRIDGE ALMSHOUSES CHARITY CIO - Charity number 1177996 STATEMENT OF ASSETS AND LIABILITIES AS AT 5th APRIL 2021

MONETARY ASSETS
HSBC Bk Acc #6949
NS&I Investment
Virgin Money Acc
INVESTMENT ASSETS
M&G ERF formerly NAACIF
(31/03/2021)
M&G formerly NAACIF
(31/03/2021)
FIXED ASSETS
Land Title Number
HE43555 - 1 to 6 (incl) Trafford Cottages
HE43556 - 1 to 4 (incl) Duppa Cottages
HE43557 - NW side of The Woodlands
HE43558 - North of Monies Corner
2021
UNRESTRICTED
GENERAL FUND
13,232.57
£
13,472.48
£
56,981.02
£
83,686.07
£
187,161.54
£
(31/03/2020)
79,016.44
£
(31/03/2020)
266,177.98
£
290,000.00
£
200,000.00
£
437,169.00
£
28,000.00
£
955,169.00
£
2020
UNRESTRICTED
GENERAL FUND
9,891.33
£
13,376.18
£
71,613.66
£
94,881.17
£
145,640.76
£
64,381.38
£
210,022.14
£
290,000.00
£
200,000.00
£
437,169.00
£
28,000.00
£
955,169.00
£

NOTES

  1. Receipts & Payments Accounts for Pembridge Almhouses Charity have been prepared under section 133 of the Charities Act 2011 ('the Charities Act'), in accordance with the Charities SORP.

  2. The valuation of the Investment Assets is to the closest available date due to timing of the statements.

  3. Fixed Assets are recognised but have been assigned nominal values which may or may not reflect cost.

Signed on behalf of all the trustees by:

Geoffrey Hardy (Chairman)

Sara Craig (Trustee)

Date: 07/12/2025

Date: 22/10/2025