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2023-04-05-accounts

Pembridge Almshouses Charity

Charity Number 1177996

Trustees’ Annual Report for year ending 5th April 2023

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 R C Price R Smith (Chair at the time)

Trustees no longer current but serving in the year reported D Gri�ith

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 every four to six weeks to determine strategy and policy. 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 sale of land at Lyonshall realised £400,752

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.

the previous year of £18,093. This was due to the sale of land at Lyonshall during this year and a Refurbishment Planning Costs of £4,538, a council tax band increase of £2,431, a deduction in weekly maintenance contribution of £2,000 and an increase in almshouse maintenance of £1,634.

This report was approved by the board and signed on its behalf

Signed:

Geo�rey Hardy

Full Name: Geo�rey Hardy Position: Chair of Trustees 07/12/2025 Date:

PEMBRIDGE ALMSHOUSES CHARITY period 6th April 2022 to 5th April 2023

RECEIPTS & PAYMENTS ACCOUNTS

RECEIPTS
Weekly Maintenance Charges
Bank Interest Investment Accs
Charity Land Grazing Agreements
Sale of land NW side of The Woodlands
PAYMENTS
Council Tax
Annual Property Insurance
Refurbishment Planning Costs
Almshouses Maintenance
Clerks Fees & Expenses
Water Supply (Grazing Land)
Legal fees
Electricity
Subscriptions
Portal Plan Quest
Bank Charges
Refund of Grazing Money
Net of Receipts/payments
TRANSFERS
Net Transfer of funds
05/04/2023
Totals (£)
13487.14
123.08
435.00
400752.00
414797.22
15218.06
2745.98
4538.00
2465.69
2673.84
61.66
-
127.17
383.00
-
82.80
40.00
28336.20
386461.02
0.00
05/04/2022
Totals (£)
15630
74.33
-
-
15704.33
12786.79
2699.72
2397.00
831.20
2324.28
66.53
6969.00
577.04
-
5110.00
35.80
-
33797.36
-18093.03
0.00

PEMBRIDGE ALMSHOUSES CHARITY CIO - Charity number 1177996 STATEMENT OF ASSETS AND LIABILITIES AS AT 5th APRIL 2023

MONETARY ASSETS
HSBC Bk Acc #6949
NS&I Investment
Virgin Money Acc
INVESTMENT ASSETS
M&G Acc Shares (ERF)
(31/03/2023)
M&G Income Shares
(22/06/2022)
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
2023
UNRESTRICTED
GENERAL FUND
396,403.15
£
13,486.36
£
42,164.55
£
452,054.06
£
210,008.71
£
(31/03/2022)
88,436.41
£
(31/12/2021)
298,445.12
£
290,000.00
£
200,000.00
£
-
28,000.00
£
518,000.00
£
2022
UNRESTRICTED
GENERAL FUND
10,065.21
£
13,473.82
£
42,054.01
£
65,593.04
£
207,684.65
£
83,845.73
£
291,530.38
£
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

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustgosl mèmbors of PEMBRIDGE ALMSHOUSES CHARITY CIO On accounts for the year endgd 5 APRIL 2023 Charity no (if any) 1177996 Set out on pages ONE & TWO I report to the trustees on my examination of the accounts of the above charity {"the Trust") for the year ended 5 104 1 ?02'_ Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requiremenls of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145151(b) of the Act. I have completed my examination. I confimi that no material matters have come to my attention ( "l in connection wilh the examination which gives me cause to believe that in, any malerial respect-. accounting records were not kept in accordance wilh section 130 of the Act or the accounts do not accord with the accounting records Independent examinerfs statement I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not 8ppIy. Signed: Date: 1211212025 Name: CHRISTOPHER T N DAVIS MEng ACA Relevant professional qualification(sl or body (if any): ACA (ICAEW MEMBERSHIP No. 2956147) Address: HOUSEGO ACCOUNTANCY & TAXATION LTD OFFICE 10, BROADAXE BUSINESS PARK, PRESTEIGNE, POWYS, LD8 2UH. IER October 2018

Section B Disclosure Only complete if the examiner needs lo highlight matters of concem (see CC32, Independent examination of charity accounts- direclions and guidan￿ for examiners). Give here brief details of any Items that the examinerwishes to disclose. NO MATTERS TO DISCLOSE. IER October 2018