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|Trustees||Alexander
Campbell|OBEJP MNM (Chair)|
|---|---|---|---|
|||Jacqui Airey||
|||Catherine
Attwood|BA(Hans)|
|||Jacinta Balchin||
|||Graham
Barker||
|||Terence Simco MBE MNM||
|||Alison Westbrook|LLB (Hons), PgDiP, ACG|
|Secretary||S Robertson
LLB, FCIH, ACG, MA||
|Charity number||1189155||
|National Almshouse||||
|Association|Registration|24||
|number||||
|Regulator ofSocial Housing||5123||
|number||||
|Registered|office|10 Bell Mead||
|||Sawbridgeworth||
|||Herts||
|||CM21 9ES||
|Auditor||SKSAudit LLP||
|||3 Sheen Road||
|||Richmond
Upon Thames||
|||TW9 1AD||
|Legal advisors||Devonshires||
|||30 Finsbury
Circus||
|||London||
|||EC2M 7DT||
|Bankers||The Charity
Bank Limited||
|||Fosse House||
|||182 High Street||
|||Tonbrldge||
|||Kent||
|||TN9 1BE||
|||CAF Bank Pic||
|||25 Kings
Hill Avenue||
|||Kings
Hill||
|||West Mailing||
|||Kent||
|||ME194JQ||
##
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|||Page|
|---|---|---|
|Trustees'report|||
|Independent
auditor's|report|10-12|
|Statement offinancial|activities|13|
|Balance sheet||14|
|Notes to the financial|statements|15-28|
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||||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|||
||||||2023|2023|2023|2022|
|||||Notes||E|6|E|
|Income from:|||||||||
|Charitable
activities|||||106,000||106,000|102,303|
|Other trading
activities|||||473||473|867|
|Total Income|||||106,473||106,473|103,170|
|~Ott
C|||||||||
|Expenditure
on|Charitable|activities||6|73,677|12,082|85,759|74,153|
|Total operating|costs||||73,677|12,082|85,759|74,153|
|Operating
surplus/(deficit)|||||32,796|(12,082)|20,714|29,017|
|Investments||||4|12,766||12,766|5,043|
|Interest payable
Net gains/(losses)
on investments||||9
10|(21,386)
(8,578)||(21,386)
(8,578)|(13,551)
16,194|
|Net incoming/(outgoing)||resources|before|transfers|15,598|(12,082)|3,516|36,703|
|Transfer from George Green's Almshouses
(Old Charity)||||||||1,796,430|
|Net movement|in funds||||15,598|(12,082)|3,516|1,833,133|
|Fund balances|at 1 April 2022||||399,482|1,433,651|1,833,133||
|Fund balances|at 31 II/larch 2023||||415,080|1,421,569|1,836,649|1,833,133|
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||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||8||
|Pitted assets|||||||||
|Tangible assets||||12||1,827,694||1,841,989|
|Investments||||13||321,575||212,834|
|||||||2,149,269||2,054,823|
|Current assets|||||||||
|Debtors||||14|15,261||29,354||
|Cash at bank and||in|hand||108,935||214,391||
||||||124,196||243,745||
|Creditors:|amounts||falling due within||||||
|one year||||16|(24,732)||(43,077)||
|Total assets less||current liabilities||||2,248,733||2,255,491|
|Creditors:|amounts||falling due after||||||
|more than|one year|||16||(412,084)||(422,358)|
|Net assets||||||1,836,649||1,833,133|
|Capital funds|||||||||
|Endowment|funds|- general||18||1,421,569||1,433,651|
|Income funds|||||||||
|Unrestricted|funds||||||||
|Designated|funds|||19|69,582||7,610||
|General
unrestricted|||funds||345,498||391,872||
|||||||415,080||399,482|
|||||||1,836,649||1,833,133|
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|||||2023
8|2022f|
|---|---|---|---|---|---|
|Residents'|Contributions:|||||
|Contributions|receivable|excluding|service charges|97,865|94,016|
|Service charges receivable||||13,064|12,549|
|Void losses||||(4,929)|(4,262)|
|||||106,000|102,303|
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||Social Housing|for|Women||||
|3|Other trading|activities|||||
||||||2023f|2022
8|
||Utilities Charges
Solar panel feed in||tariff||473|867|
|4|Investments||||||
||||||2023|2022|
|||||||8|
||M 8 G Investments-||Dividend|income|11,918|4,863|
||Interest receivable||||848|180|
||||||12,766|5,043|
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|Raising fund|s||||
|---|---|---|---|---|
|||Endowment|Total|Total|
|||funds|||
|||2023f|2023
6|2022
6|
|Depreciation|on Sarah Perry House|4,634|4,634|4,634|
|Depreciation|on Spanby properties|7,448|7,448|7,448|
|||12,082|12,082|12,082|
|Forthe year|ended 31 lillarch 2022||||
|Fundraising|and publicity|12,082||12,082|
|||12,082||12,082|
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|||||Social|Total|Total|
|---|---|---|---|---|---|---|
|||||Housing|2023|2022|
|||||2023|||
|||||6|||
|Depreciation||||2,214|2,214|2,214|
|Property Repairs and|||Maintenance|29,104|29,104|30,031|
|Insurance||||2,312|2,312|1,821|
|Management||costs||17,521|17,521|7,770|
|Ground
rent||||600|600|600|
|Telephone||||369|369|394|
|Bank Charges||||||110|
|Cleaning
and||Gardening||2,813|2,813|10,349|
|Service Charge for Spanby Road||||2,507|2,507|1,545|
|Legal and Professional Fees||||3,000|3,000|450|
|||||60,440|60,440|55,284|
|Share of support costs (see note 7)||||8,666|8,666|3,085|
|Share ofgovernance|||costs (see note 7)|4,571|4,571|3,702|
|||||73,677|73,677|62,071|
|Analysis
by||fund|||||
|Unrestricted|funds|||68,343|68,343||
|Designated|funds|||5,334|5,334||
|||||73,677|73,677||
|For the year||ended|31March 2022||||
|Unrestricted|funds|||54,741||54,741|
|Designated|funds|||7,330||7,330|
|||||62,071||62,071|
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||||Support|Governance|Total|Total|
|---|---|---|---|---|---|---|
||||costs
E|costs|2023f|2022
E|
|Subscription
and Licences|||1,116||1,116|1,093|
|Postage and Stationery|||264||264|212|
|Computer|Cost|||||30|
|Honorarium|to Clerk to|the Trustee||||1,750|
|Legal and|professional|fees|480||480||
|Administrative
costs|||6,720||6,720||
|Bank charges|||86||86||
|Audit fees||||4,200|4,200|3,600|
|Trustees' expenses||||371|371|102|
||||8,666|4,571|13,237|6,787|
|Analysed|between||||||
|Charitable|activities||8,666|4,571|13,237|6,787|
||||8,666|4,571|13,237|6,787|
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|10|Net gains/(losses)
on||investments||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2023f|2022f|
||Revaluation
ofinvestments||||(8,578)|16,194|
||||||(8,578)|16,194|
|11|Net movement
in funds||||2023|2022|
|||||||f.|
||Net movement
in funds||is stated after charging/(crediting)||||
||Auditor's
remuneration||-Audit Fees||2,760|2,400|
||Auditor's
remuneration||- Non Audit Fees||1,440|1,200|
||Depreciation
of owned||tangible
fixed assets||14,296|14,296|
|12|Tangible fixed assets||||||
|||||Freehold
land|Leasehold|Total|
|||||and buildings|land and||
||||||bugdlngaf||
||Cost||||||
||At 1 April 2022|||1,791,706|979,658|2,771,364|
||Social Housing
Grant|||(546,889)|(294,877)|(841,766)
J-|
||At 31 March 2023|||1,244,817|684,781|1,929,598|
||Depreciation
and impairment||||||
||At 1 April 2022|||67,064|20,544|87,608|
||Depreciation
charged|in the year||7,448|6,848|14,296|
||At 31 March 2023|||74,512|27,392|101,904|
||Carrying
amount||||||
||At 31 March 2023|||1,170,305|657,389|1,827,694|
||At 31 March 2022|||1,177,753|664,236|1,841,989|
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|Fixed asset invest|ments||
|---|---|---|
|||2023|
|Cost or valuation||8|
|At 1 April 2022||212,834|
|Additions||117,319|
|Realised/Unrealised|gains/(losses)|(8,578)|
|At 31 March 2023||321,575|
|Carrying
amount|||
|At 31 March 2023||321,575|
|At 31 March 2022||212,834|
|Historicalcost||302,168|
##
|14|Debtors||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Amounts|falling due||within one year:|6|6|
||Trade debtors||||13,071|27,808|
||Prepayments||and accrued income||2,190|1,546|
||||||15,261|29,354|
|15|Creditors:|amounts||falling due within one year|||
||||||2023|2022|
||||||6||
||Bank(cans||||11,958|16,268|
||Other creditors||||5,797|26,809|
||Accruals and||deferred|income|6,977||
||||||24,732|43,077|
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|16|Creditors:|amounts|falling|due|after|more|than|one|year||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2023|2022|
|||||||||||Notes|E|E|
||Mortgage|loans|||||||||412,084|422,358|
||||||||||||412,084|422,358|
##
|Transfer|ofasset|s and|liabilities
from old charity||
|---|---|---|---|---|
|||||2023|
|||||E|
|Tangible|fixed assets|||1,856,286|
|Investments||||192,168|
|Trade Debtors||||26,545|
|Prepayments||||1,605|
|Cash at|Bank and|in hand||208,818|
|Other creditors||||(32,838)|
|Accruals||||(3,360)|
|Mortgage|loan - Amount||falling due within one year|(16,720)|
|Mortgage|loan - Amount||falling due more than one year|(436,074)|
|||||1,796,430|
##
||||Movement|In funds||||
|---|---|---|---|---|---|---|---|
|||Transfer from|Incoming|Resources|Balance at|Resources|Balance st|
|||George|resources|expended|1 Aprg 2022|expended|31 March|
|||Green's|||||2e23|
|||Almhouses||||||
|||(old charltyi||||||
|||E||E|E|||
|Permanent|endowments|||||||
|Endowment|Funds|1,445,733||12,082|1,433,651|(12,082)|1,421,569|
|||1,445,733||12,082|1,433,651|(12,082)|1,421,569|
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||||||||Move ment|In funds||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||au.n.|1 7|r
rmm|mine|R||||||
|||||I Apdt2e21||e||||I Apre se22|mmdm||51 Al
mr|
|||||||e
~|||||||2021|
||||||Al|h
s||||||||
||||||fntd|Ch dtr)||||||||
|||||||||||6|6|||
|Extraordinary
Reps V Fund (ERF)
Cyclbel Maintenance
Fund (CMF)
Llh RePlacamenl
Fund (RPF)||||||19,616
30,512
I,SXl||(7,330)|6,072
8,368
500|18,357
38,880
2,000|(2,514)
(2,820)|6,384
8,795|22,227
44,855
2,500|
|||||||61,627||(7,330)|14,940|59,237|(5,334)|15,679|69,582|
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|20|Analysts ofnat assets between|funds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||General|Designated|Endowment|Total|General|Geslgnatsd|Endowment|Total|
||||unrestricted|funds|funds||unrestricted|funds|furlds||
||||furlde||||funds||||
||||2023|2023|2023||2022|2022|2022|2022|
||||F.|6|E||E|E|6|E|
||Fund balances et 31 March 2023|ara represented|||||||||
||by;||||||||||
||Tangible assets||406,125||1,421,569|1,827,694|408,338||1,433,651|1,641,eee|
||Investments||321,576|||321,575|212,834|||212,834|
||Current assets/glabeitlss)||29,882|69,682||99,464|141,431|59,237||200,668|
||Long term gabiwlas||(412,084)|||(412,084)|(422,358)|||(422,358)|
||||345,498|69,582|1,421,569|1,836,849|340,245|69,237|1,433,651|1,833,133|
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