## **Pembridge Almshouses Charity**
## **Charity Number 1177996**
## **Trustees’ Annual Report for year ending 5th April 2024**
Registered O�ice: Little Orchard Shobdon Leominster Herefordshire HR6 9NQ
Trustees
G C Hardy (Chair from November 2023) Rev. A L Branston G J Evans J F Heaven S A Jaques B G Norman D T Owens R C Price R Smith (Chair to November 2023)
## Trustees no longer current but serving in the year reported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 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 twoand one-bedroom accommodation.
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
Cottages and the front of Duppa. Richard Smith retired as chair and Geo� Hardy took up the position in November 2023. The clerk to the charity fell ill in February, so the duties of the clerk were taken over pro tem by the chair.
## 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. Designated Funds - the charity maintains one designated reserve fund - the Emergency Repair Fund.
## Results for the year:
of Tra�ord together with replacement windows to the rear of three dwelling (£41,717) and an increase in council tax of £2,841.
This report was approved by the board and signed on its behalf
Signed:
Full Name: Geo�rey Hardy
Position: Chair of Trustees
Date:
07/12/2025
## **PEMBRIDGE ALMSHOUSES CHARITY period 6th April 2023 to 5th April 2024**
## **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)
Electricity
Subscriptions
Bank Charges
Refund of Grazing Money
Sustenance
**Net of Receipts/payments**
**TRANSFERS**
**Net Transfer of funds**|05/04/2024
**Totals (£)**
19411.02
447.25
435.00
-
**20293.27**
18059.31
3065.44
113545.31
929.00
3431.93
-
106.00
343.00
84.80
-
48.00
**139612.79**
**-119319.52**
**0.00**|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|
## **PEMBRIDGE ALMSHOUSES CHARITY CIO - Charity number 1177996 STATEMENT OF ASSETS AND LIABILITIES AS AT 5th APRIL 2024**
|MONETARY ASSETS
HSBC Bk Acc #6949
NS&I Investment
Virgin Money Acc
INVESTMENT ASSETS
M&G Acc Shares (ERF)
(31/03/2024)
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
HE43558 - North of Monies Corner|**2024**
UNRESTRICTED
GENERAL FUND
276,636.38
£
13,590.71
£
42,507.45
£
**332,734.54**
**£**
223,546.77
£
88,436.41
£
(22/06/2022)
**311,983.18**
**£**
290,000.00
£
200,000.00
£
28,000.00
£
**518,000.00**
**£**|**2023**
UNRESTRICTED
GENERAL FUND
396,403.15
£
13,486.36
£
42,164.55
£|
|---|---|---|
|||**452,054.06**
**£**
210,008.71
£
88,436.41
£|
|||298,445.12
£|
|||290,000.00
£
200,000.00
£
28,000.00
£|
|||518,000.00
£|
## 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