pr¢pored on 25-Oct-24 Duttons and Allens Almshouses CIO Charity No l 184288 Report and Unaudited Accounts For Year ended 31 st December 2023
Duttons and Allen$ Almshouse Charity TrutÈès Aèport The trustees pres£ their report and the 5crutinised flnancial statements for the year tnded 31-D¢c-23 Registertd Chaty - No 1184288 TThteeS T.DStevens- Chairman l.J.M. Astic I Cavelier M Chappln C.Haneotk . Hon Secretary E Hartnell - Htsn Suryeyor IA.Lawrence D.M.Loui$son Hon Treasurer W.l.Mustoe c.owen S Wills Hlstory Followin8 Thomas DuttOTh'5 death In 165 I, he sive a house In the Eas¢ end of Northleach as a site for six almshauses and by vfty of funds and a loan from the executor5 of the estste of Mary Harritts Ajlen, a new almshouse building was erected in MS11 End in 1818. In 1831 as a result of an order by Chancery. a new body of Town Tru5tres wa5 iTrau8urated to administer the two almshouses which were passed to thts charity In 1834. A Scheme in 1932 empowered the rDanagement of the Durton5 Mmshouse to the Town Charities, who were allowed to devoté surplus income to the in2inteThance of th3t amshouse and Lowards the one that they were alrÈady administrating as trustees ol the Allen's chanty. A furthèr Stheme of 1956 ¢onfirmed their powers over the almshouse chariue5 and allOwd Ehem to use funds lor oihei. general purpose for the benefit of ¢he town of Northleach In july 2019. the above charicy w25 founded as an Ctharitable Incorporated Organisation ICIOI, inLO which the Almshouses were translcrred ai)d registered. Objects and activitles and Publlc Benefit The main aim of the charity is t¢ provide low cost houslng within the Parish of Northleach lor the benefrt of members of the local town and dSstrftt community or their close relatives. As appropriate, within the Charities govtrnlng Con5tiWon, to make grants to other charities and not-lor-profit organisation5 tyr&ting lor the benefit of the local Community of Northleach Athlevement$ and PerforMae Maintenance and repairs contlnue as appropri, and where necessary upgrade5 are made in order to mainoln regulatory requSrements. Th¢ surplus ol Expenditure over Income for the year was 1£11.271) agatnst {£10.150I for las¢ year. Structure, management and governance The Charity wa5 registered on 5th Juty 2019. The organisauon Is governed by a boartl of Trustees ITh order lor reporung cor4SiStaTrry, the new Charltles operatic)n$ I11 comrnence from 15rlanuary 2020 and 11 ossets and liabilities 11 be nsferred from the currEnt charity on this datr.
Duetons and Allens Almshouse Charlty Trustees Report IConO for year end 1184288 31-OK-23 Page 2 ReerultmenL el18lbllity and appolntmerbt of Tru$tee$ The rruthe5 are recruited amongst membws ol the local tommunbty whom the Trustees believe have the necessary experfene¢ ¢0 enhance the alm5 of chis charity The current trustee5 have agreed ¢0 continue thelr chariiabb $upport and have been rstered in new CIO Trainlng Of Trustees All trustees are involved In the Vdriety of work for trusl wh0 seek Support from CCptru5tee5 and where approFfiate, from ex¢ernal consukants and experienced Members of the local and wider community Remuneration and Expenses of Trustees All trustees provide their services totally voluntarity and no remuneration 15 yaid to any trustses. Three trustses received the sum of £300 each as a contributlon by the charity towards their administratlon c05t& Risk mana8ement A55et Security This Chariry covers the fire and loss risks to its properties by way of insurances and for Public and Other Operational regulatory complian The Trustees strive LO meet changes to regulatory financlal charity requirements as appropriate the size aThd rkS of thi5 rharity. Safeguardin8 Trustees are aware of their responsibilities to repar¢ to the approprbate authoritie& any clrcumstances which m3ke them aware of any intimidation or abuse towards residents. but within the parameters of their privary. Child protecuon The Charity 15 not Invdved in the Custody of children and the associated resp0Tr5ibiliwe5. Health and Salety The Charity operates a policy of due cire to its resldence In tsrms ¢f the accommodaOn provided bu¢ does not provide personal or 50ti care. Serious Inchlents The ChariLy not aware and has no serh?us incidents to rÈporL Internal checks With in the Ilmlted number of local builder5 and traders. competitive quotes are sought for m4or repair work. Payments are 5UPPOrted by internal instructions and by SUFptsrong signatures confirmation of Inrner payment iTh5tructions and cheque$ Management accounts, together 5UPPOrting bank stateménts, are Produ¢ to Trus*e¥ meedngs held on a quarterly b2515. &8ned Date Hon Seeretary 25.Oct-24
Dutton5 Allen5 Almshouse Charlty Trurtees Report (Cont) lor yer end 1184288 Page 3 31-D8c-23 Receipts and Payments Account Year End Year End N¢te5 31-Dec-23 3 IDec.22 Income3 34,947 11.898 ExpendIre5- Add Back. Repalrs Chirged Wnsi Malntenance Reserve5 Below -33,855 -59.565 7,798 37.SlS Interest RetÈlvÈd Net OperarSDg Surplus (Deflcltl P510 to Cyclical ReprS below Prowslon to Long Term Aepirs below &n9 -9.600 -10.400 9.850 -9,600 .10,400 Ayaftsblè for Chariuble Purposes D¢tsadoD$ •nd GraNs Net Surplu5 IDefKitl for eurrent perlod Funds Avllable for Charit3blo PurpoS•S 881e from Prior year 17,348 27,498 B8laKt at end of Ptrlod 4077.1 17,348 .1 Maintenance Adjustments - ProYi5ion for Ped Ifr¢m above} - Charged agaln5t Pro%i¢n - Interest ReCed 20,000 -37.515 -7,798 Nei Repir Re5er¥e- for Perfod Malntenance Reserye Baknre BIFwd 12.363 75.061 91578 Bakn£e of Mllntenance Re%r¥es . Oh¥d - Cy¢llcal Reserye . Term Rcserve 13827 73,597 10,574 87,414 64,487 75,061 Total Ducron$ & Allens Charfty Fund$ 93301 91409 Funded by Cash at and COIF DepositaCeol + Axruals 3,501 £91409 ed Hon Treasurer
Dutton5 aAd Allens Almshouse Charlty Trustees Report (Contl 1184288 Page 4 lor year end 31.Dec.23 Notes In¢omé Is dèrived from etsntribuclons Irom resldents ol the Almshouses. {PdStyears revenue wa5 overstated) No fund5 were recelved from exter overseas £ountrS¢s I donor5 No fUndrsIng ITOme wa5 received in year Expenditure- con$ts of the runnirE e05ts of the M$hOwe$ 4$ lollwvs Year Efid Year End 31.Dec-23 31.Dec.22 Wattr 1,395 1,076 9,730 Elt¢th¢lry H¢wyng Oil Insurdn¢¢ 740 &127 2,408 16,229 539 Rewrs - bdore rer¥t adlusrmenr Ocher TV knc¢nce5 40,974 541 3,922 33.855 D 59,565 0 3 Re5er¥e Policy Our Reserye polity is curreftdy under revlew, to assess the sufficiency of the provisions to date as below. The present resetves arnount to £13,800 towards the potsnrial cost of Cyclical Repairs £73,600 for posslble major Long Temi repalrs which have been based on historic dculations at 18% and 25% respettNety of rIdents potentrdl contiibutions. and measured against relatlve costs over past filteen years. The Long Temi need of a possible roof replacement of our Grade 2 Ilsted prerrI. has been a malor considerau f¢x rhe retsntion of almosc all surpluses from the elght almshouses over recent history In reviewlng our posslble future repwr ¢o$ts. these rates may be adjusted to try to cover antiopatd fijiure osts. but sublecr to a short term adju5¢mènts should trurtees deem this to be necessary. 4 Properties Tht Charity has over many year$ aquired the rfghts over the rwo almshouse properrie5 listed below Insurance Land Registry Tide No Name Address High Stree¢ Northleach. GL54 3EU The Allens Mlll En(i Northleach. GL54 3 HJ The values ol these almshouses h*v¢ not been Incorporated In the accounts ol this charity. Value 1.212.440 1.169.600 The Dutton5 GR338272 GR338289 5 Independent Examinatio With rhe £haTities income exceeding the £25,000 threshold, a report from Excernal Independen¢ examlner is attached
CHARITY (OMMISSION FOR ENGLAND ANO WAIES Indep8ndent examiner's report on the accounts Section A Independent Examiner's Report Report to th• trustees THE DurroN'S AND ALLEN'S ALMSHOUSES CIO On accounts forthe year ended 3141 December 2023 Charlty no (If any) 1184288 Set out on pages I report to the trustees on my examination of the a¢¢ount$ of Ihe above charity {"Ihe Trust'l for the year ended 3111212023 A8 the charity's trusteos, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {Yhe Act") I roport in respect of my examination of the Trugt's aGGounls carried out under seclion 145 of the 2011 Act and in carrying out my examination, I have followed all the applio8ble Directions given by the Ch8rily Commission under section 145{5)(b) of Ihé Act. Re8ponslbllltles and basis of report Independent I have completed my examination. l confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cau8e lo believ8 that in, any material respect.. the accounting records were not kept in accordance wilh section 130 of the Charfties Act., or the accounts did not accord with the accouftting records., or the accounts did not comply with the applicable requirements Concerning the form and content of accounts set out in the Charities IAccounl$ and Reports) Regulations 2008 other than any requirement that the accounts give a Irue and fair, view whiGh is not a matter ¢onsid8red as part of on independent examination. I have no concerns and have come across no other matters in connectic with the examlnalion to which attention should be drawn in this report in order to enable a proper understanding of the acccunts lo be reached. Slgnèd: Date: 2511012024 Name: Hel one8 Relevant protesglonal qualifieatlon{sl or body Ilf any): ICAEW Addro99: McGills Chartered Accountants, Oakley House, Tetbury Road, Cirenc8$ler, Gloucesler8hire, GL7 1 US
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Signed by The Dutton's and Allen's Almshouses CIO Louisson using authentication code bk1oQ0QyOWIyQ2hP at IP address
86.140.210.210, on 2024/10/26 12:50:22 Z.
The Dutton's and Allen's Almshouses CIO Louisson's e-mail address is: david.louisson@btinternet.com.