## **Trustees’ Annual Report for the period** 

## **From  06/04/2023           Period start date   To 05/04/2024 Period end date** 

## **Charity name: The Inns Almshouse Trust** 

**Charity registration number: 019166** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|**The provision and maintenance of**<br>**Almshouses for the benefit of elderly**<br>**and poor persons within the**<br>**Stevenage and Aston areas and to**<br>**make grant and allowances to the**<br>**same.**|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|**Provision of 8 almshouses as above –**<br>**occupation 7 of 8, with one to be**<br>**refurbished**|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|**We confirm this.**|



**Additional information (optional)** You may choose to include further statements where relevant about: 

||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**The charity has the ability to make**<br>**grants, but has not made any and will**<br>**not intend to in the immediate future**|
|Policy on social investment<br>including program related<br>investment|Para 1.38||
|Contribution made by<br>volunteers|Para 1.38||





Other 

## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|**Provision of accommodation for 6/7**<br>**elderly and poor persons at the two**<br>**sites owned by the charity in Stevenage**<br>**and Aston, which relieves the burden**<br>**upon Local Authorities and the public**<br>**purse to assist in providing this for**<br>**them.**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41||
|Investment performance<br>against objectives|Para 1.41||
|Other|||





## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|**The charity has made an excess of**<br>**income over expenditure during the**<br>**period and can be considered to be in**<br>**good financial health**|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|**The charity is holding reserves of funds**<br>**in order to use them to modernise 2 of**<br>**the almshouses and for unexpected**<br>**ongoing maintenance costs**|
|Amount of reserves held|Para 1.22|**At y/e £146,285**|
|Reasons for holding zero<br>reserves|Para 1.22|**N/a**|
|Details of fund materially in<br>deficit|Para 1.24|**N/a**|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|**None**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|**CIO**|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|**As per CIO Clause 9.2 – Natural person**<br>**over the age of 18 who is not**<br>**disqualified from as a charity Trustee by**<br>**virtue of sections 178-180 Charities Act**<br>**2011**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

||||
|---|---|---|
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>parties|Para 1.51||
|Other|||



## **Reference and Administrative details** 

|Charity name|The Inns Almshouse Trust|
|---|---|
|Other name the charity uses||
|Registered charity number|1195768|
|Charity’s principal address|Longmores Solicitors LLP<br>24 Castle Street<br>Hertford<br>SG14 1HP|
|||





## **Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year**|**Name of person (or body) entitled**<br>**to appoint trustee(if any)**|
|---|---|---|---|---|
||Richard Michael<br>Horwood||||
||Nicholas Stephen<br>Collingridge||||
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– Corporate trustees names of the directors at the date the report was approved 

## **Director name** 

Name of trustees holding title to property belonging to the charity 

**Trustee name Dates acted if not for whole year** 



## **Funds held as custodian trustees on behalf of others** 

Description of the assets held in this capacity 

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets 

## **Additional information (optional)** 

## **Names and addresses of advisers (Optional information)** 

|**Additional information (optional)**<br>**Names and addresses of advisers (Optional information)**|**Additional information (optional)**<br>**Names and addresses of advisers (Optional information)**|**Additional information (optional)**<br>**Names and addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**<br>**adviser**<br>**Name**<br>**Address**|||
|**Solicitors**|Longmores Solicitors<br>LLP|24 Castle Street, Herrford, Hertfordshire SG14 1HP|
||||
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## **Name of chief executive or names of senior staff members (Optional information)** 

## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

## **Other optional information** 



## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

|**Signature(s)**<br>**Full name(s)**<br>**Position (eg Secretary,**<br>**Chair, etc)**<br>**Date**|||
|---|---|---|
||Alastair Peter John Liddiard||
||<br>Clerk||
||03/09/2025||
||03/09/2025||





THE INNS ALMSHOUSE TRUST
{registcred charity numbLr 1195768)
ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2024
Hentons
Stag House
Old London Road
Hertford
SG13 7LA

THL INNS ALMSIIOUSE TRUST
(registcrcd charity Dunibei. 1195768)
Index
Poges
Trustees Report
Independent Examiner's Repoi'l
Receipts and Payments Account
Statement of Assets and Liabilities
Notes lo the Financial Statements

TIIE INNS ALMSHOUSF, TRUST
(registered chai'ity nuinber 1195768)
REPORT ofi THE'I'RUSTEI S FOR THE YEAR ENDED 5 APRIL 2024
Trustees
Mr N S Collingridge
Mr R Horwood
Prineipal O￿lee
24 Castle Street, Hertfoi'd, Hertfordshire, SG14 1 HP.
The Trustees pi'esent their annual report and financial statements of the charity foi. the yeai. ended 5
Api'il 2024. The financial stateinents have becn prcpaied iii accordance with the accouiiting policies set
out in i)ote I to tlie accounts aiid coinply with their govei'ning docuinents, and th¢ Cl)ai'ities Act 2011
Structure, Covcrnancc and Managcment
The charity was established by a charitablc ti'ust deed on 9th September 2021.
The chaTily has been founded by the ainalg?amatioii of two cliarities, The Jei'emiah Inns Almshouse
Chai'ity (chai'ity number.. 213088) and The John Inns Alinshouse Cl)arity (chai'ity numbei.: 213087). This
is with the aim of enhaiicillg tlie Capacity to deliver greater public benefit to both th¢ Stevenage and
Aston local aJEas.
ObJ¢etlves and Aetivites
The charity's objects are the provision and maintcnanc¢ of alinshouses for the benefit of elderly and poor
pei'sons within the Stevenage and Aston are￿ aiid to mak¢ grants and allowances to the same areas. The
policies adopted in furtherance of these objects are to build suslaiiiable unreslricted reserves to a
sufficient level to provide finan¢ial slability, meet exceptional eKpenditUTe and to assist with tlie future
development of the charity and there has been no change in these during the year.
Achffievements and Performance
During the year, the charity provided affoi'dablc ac¢oiModalion for people of limited means in the
Stevenagc and Aston areas, which are areas of high housing cost.
Financial Revieiy
This year is the first yeai. of activity for The Inns Almshoiise Trust. On the 6th April 2023, th¢
investments and eash at bank balance5 WCIE inherited from the John Inn and the Jeiemiah Inn charities.
The monetai'y assets ti'ansferred to the charity a5 al 6th Api'il 2023 iotalled £132,650 as per the reccipts
and payrnents account. The investments ti'aiisfei'i'ed tv the lharity as at 6th April 2023 had a book value
of £38,649. Thc truslccs are happy with the performance following the amalgamation of the previous
two charities. Investmcnt growth has been pleasing and the statement of a5ECt% and liabilities totals
£245,246 at Ihc ycar Cnd.
The trustees are satisfied with the continued tenancy of the almshouse5 and offering of affordable
aeeommodation for the tenants which are the elderly and poor.

'I'IAL INNS Al,fvisHoii8f TRUST
(rcgibtei'¢(I chariti. niimber I195768)
REPORT ofi THfi TRUSI'EI E.S FOR THE YEAR ENDED 5 APRIL 2024
(coiitiiiued)
Public Benefit
The TNslees liav¢ reviewed (he Charity Commissions guidan¢8 on the requircment to report public
bei)efit. The Tiust¢ts are saiisfJ¢d Ilial 11)e work of Il)¢ cliarity ac¢ord8 with its staled objects aiid provides
taiigible public benefil Lo a wide section of t1105e wlio iyside ￿.]thin the ¢harity's area of bei)efi(. The
criteria used to &s%ess Ihose who may benefit is not considered lo be unreasonably rcstrictive.
Reserves Poliey
'lThc'frustees seek to build susllc inable unre8tricted reserves to a level sufficient to provide financial
slabiliLy> meet exceptional expenditure and to assist with the future developmenl of the charity.
TRUSTEI ES REl>PONSJBILITIES
The Trustees are required ¢0 prepare fin<incial statenients foT each fjnancial year which give d Irue aDd
fail. viem, of th¢ stale ofal'lairs of ea¢b Cliarity and of the results lor the year.
In preparin¥ those financial statements, Ihe Tn]Etees ale r¢quired to..
Selcel %uilable llecouiiling policies and then apply ihem consistently.
make judgenients and esLimaLes that are reasonable and pn]dcn('
prepare Ihe financial staten)ents on the going concern basis unless It is inappropriate to assuine
that tlie Charilies Continue in operation.
The Irustees a￿ respoitsible for-
keeping proper a￿O￿litIng re¢￿'dS which dis¢lo8¢ With reasonable accuracy al any Lime the
financial position ofea¢h Cliarity and wl)icli ¢t￿ble th¢m to ensure Ihat Ihe fjnancsal 5tat¢m¢nts
ci)mply with the i'elevaiit provisions of the Charities AGI 2011, tlie Chority (Accounts and
Reports) Regulations 2008, and the prOV￿$10nS of the schemes.
vofeguarding the assels of each Chayity and hen￿ for taking reasonable steps for the prevention
and dcteLlion of fraud llnd other I￿¢guIan1ie$.
Approved by Ihe tn]stees and signed on their behalf by..
Mr R Horw'o(Id
Date: 1 5oPFcMbtC 202

THf, INNS ALMSllOlI,sr TRUST
(registered charity number 1195768)
Independent Ei xaminer's Report to the Trustees of The Inns Alinshouse Ti'ttst
I report to tlie trustees on Iny exaininalion of the accoiinls of ihe Iiins Almshouse Ti'ust foi. the year elided
5di April 2024 which comprise the summary of receipts and payments and the statement of assets and
Tliis I'eport is Inade solf ly to Il)e el)ai'ity's Ii"ustees, as a body, in aecoi'dance witl) section 145 of tl)e
Charities Act 201 l. My work l)as been undei'takeii so that I might state to tlie chai'ity's tl'UStees tl)ose
matte15 1 am required to statc to thcm this irporl 81)d for iio other purpose. To the fullest extent
perinitted by law, I do not accept or assuine respoii8ibility to anyone other thali the chai'ity and the
chai'ily's ti'ustees as a body, foi. my woi'k, for this I'epoi'l, or for Il)e opinions I have fornied.
Respon.4ibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with
the requiieinents of tl)e Charities Act 2011 I'the Aet,).
I I'eport in I'espect of niy examination of tl)e ¢hai'ity'5 &¢wunts carried out undei. section 145 of the Act
and in carrying out my examination I have followed all the appli¢able Direclions given by the Charity
Coinmission linder section 145(5)(b) of the Act.
An independent examination does not involve gathering all the evideiice that would be reqiiijrd in ai)
audit and consequently does not cover all Ihe matters that an auditor considers in giving tlieii. opinion oli
the accounts. Th¢ plannii)g and conduct of an audit goes beyond the limited assui'an¢e that an
independent examinatioii oaii provide. Consequently l express no aiidit opinion on the accounts and Iny
report is limited to those specific niatteis set out in tli¢ independent exan)iner's statement.
Independent examiner s statement
I have completed my examination. I confirin that no material matters have coine to my atteiition in
connection with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as I'equired by section 130 of the
the accounts do not accord with those recoi'ds.
I have no concerns and have come across no other matters in connection with the exaininalion lo which
attention should be drawn in this report in ordei. to enable a pi'oper understanding of thc aocounls to be
reaclied.
Sean Hudson ACA
HentOll5
Stag House
Old London Road
Hei'tford, Herts
SG137LA
Date.. I ScpFcMLJef 2015

THEI INNS ALMSIIOUSF, TRIIST
(regislere(l charity nuinber 1195768)
RECEIPTS AND PAYMfiNTS ACCOUNT FOR THE YEAR ENDED 5TH APRIL 2024
General
Tvt#l
2024
RECEI IPTS
Contributions by Almspooplc:
Rent received
32,579
32,879
Investment income:
Bank accoiint iiiterest
Bi'okers deposit interest
UK dividends I'eceived
Uiiil ti'usUOEIC dividend Acc units
Unil trusUOEIC dividends IEceived
361
151
1,538
178
631
361
1,538
178
631
35,438
35,438
ASSET AND INVESTMENT SALEI S
Receipts fi'oin sale of inveslinentS
74,170
74,170
74,170
74,170
Total Receipt5
109,608
109,608
PAYMEIYTS
Payments in I'elation to Charitable activities:
Insui'ai)ce
Subscription
Wat¢r
Light and heating
Repairs and Inainlenancr
Sundry expenses
1,329
343
1,107
2,526
1,457
12
1,329
343
.107
2,526
1,457
12
6,774
6,774
ASSET AND INVESTMENT PURCHASES
Purchase of investments
66.688
66,688
66,688
66,688
Total Payments
73,462
73,462
Net Reecipts l (Payments)
for ytai.
Ti'ansfei'5 between funds
Bank Balan¢e$ at 6.4.23 Ti'ansferred on this date
36.146
36,146
132,650
132,650
Bank Balance5 at 5.4.24
168,796
168.796
Tlie iioles oiipfige 7foriiiporl 0fth￿efIIlrtl?c[th/ sltsleiiienls

I'HE INN,S AI.MSIIOUSE TRUST
(I'¢gi$tered cliarity number J195768)
SI'ATEI MF.NT or ASSEI TS IiND LIAIJII,I'I'IES
AS AT 51.11 APRII. 2024
Note
2024
2013
Monetar). Asset5
Ilank Balances
Rowan Dortington
Income Account (Jereiniali Inns)
Income Account (Jokni tnns)
Ca])ital Account (Jerejniah I[￿$)
Capital Account (John Inns)
Barclays
Comniunily AL¢ounl (Jcrciniah Jnns)
- Cojnmuiiity Account {John Inns)
56,113
90,172
Longmores
Client Account
6,720
Brewin Dolpliin
Capilal A¥¢oun(
Ineome A¢¢oi?iil
15,77Z
19
168,796
Jnveitment Assets
Invcstmenl pi)rtfolio lat MArkel Valuc)
Freehold Land and Buildings.. lat Historic Cost)
7, 8, 9 & 10 Inns Close, Stcveange
53, 55, 57 & 59 Beningtort Road, Aston
4,758
5,54
76,451)
£245,246
Approved on behalf olihe Tnistees=
Mr R Horwood
I 2oi.4-
Tlie iiol¥.F oil page 7fornipai'l oftliesefinuiicial.floteppieiils
QLLIL

THE INNS ALMSHOUSE TRUST
(I'eElStered ehArity numbcr 1195768)
NOTES TO THE ACCOUNTS FOR THE YEAR Ef4DED 5TH APRIL 2024
Aecouiiliiig Policies
The A¢counts liave been prepai'ed on the Receipts and Payinents basis in accordance
wilh Ihe I'equirements of the Charities Act 2011.
b)
Invcstmcnts arc staled at 1nai.kel value as al Ilie Balance Sheet date.
Frecliold land aiid buildings are included in the fii)aneial slalement8 2t their historical
cost. All propeities al'e used foi. dii'ect chai'ilabl¢ pui'pos¢s'. Ii)¢ome generated by these
properties is iitilised for chai'itable purposes.
Cash at bank and Invostments
Oli the 611) April 2023, tlie ii)veslineiits and casli al bank balances were iiiliei'iled from the
John Jnn and the Jeremiali Inii charities. The Inonctary assets transfei'rcd to th¢ charity as at
6 April 2023 totalled £132,650 as pei. tile receipts and payments accouiit. 'fiic inv¢stinci)ts
transferred to the charity as at 6 April 2023 had a book value of £38,649.
Ti'ustees expenses
No remuneration was paid to the Ti'iistees during the current and pi'eceding year. Dui'ing thc
current year £Nil (2023: £Nil) was paid to a triistee for reimbursed expenses.