## **Trustees’ Annual Report for the period**
## **From 1.1.24 Period start date To 31.12.24 Period end date**
**Charity name: Henry Drew Thomas Almshouses and Starcross Welfare Trust**
## **Charity registration number: 1198464**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide 8 people with affordable**
**housing in line with the charity’s**
**constitution**
**To provide financial assistance in line**
**with the charity’s governing document**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**To maintain 8 flats to good standard and**
**select people with local connection to**
**take up residency**
**To identify need and provide financial**
**help in line with the charity’s governing**
**document**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees are aware and give regard to**
**the guidance issued by the Charity**
**Commission on public benefit**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference **As set out in the governing document** Para 1.38 Policy on grant making **none** Para 1.38 Policy on social investment including program related investment **none** Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The completion of upgrades made to 6 of**
**8 flats.**
**Appointment of 2 new residents in line**
**with the charity’s governing document**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|Achievements against
objectives set|Para 1.41|**The maintenance of the buildings and**
**maximising their use has been achieved**
**this year**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**Not applicable**|
|Investment performance
against objectives|Para 1.41|**Not applicable**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity continues to manage funds to**
**meet the needs of the residence of the**
**Almshouses. This includes day to day**
**maintenance and refurbishment as**
**required**
**Reserved funds are held for the Starcross**
**Welfare Trust. No grants have been**
**given this financial year**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held to enable trustees to**
**respond to the need of the Almshouse**
**residents and the repair needs of the**
**building**|
|Amount of reserves held|Para 1.22|**£49,458.00**|
|Reasons for holding zero
reserves|Para 1.22|**n/a**|
|Details of fund materially in
deficit|Para 1.24|**n/a**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**n/a**|
## **Additional information (optional)**
You may choose to include further statements where relevant about: **Contributions from residents** The charity’s principal sources of funds (including Para 1.47 any fundraising) **To receive interest on any reserved money** Investment policy and objectives including any Para 1.46 social investment policy adopted **n/a** A description of the principal Para 1.46 risks facing the charity Other
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**Almshouses**
**Welfare Trust for the people living in the**
**environs of Starcross**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution for trust**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The Priest in Charge of St Paul’s**
**Starcross**
**PCC St Paul’s Starcross (2 Trustees)**
**Starcross Parish Council (2 Trustees)**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**5 Trustees**|
|Relationship with any related
parties|Para 1.51|**Any relationship with related parties must**
**be declared in line with the governing**
**document**|
|Other|||
## **Reference and Administrative details**
|Charity name|Henry Drew Thomas Almshouses and Starcross Welfare
Trust|
|---|---|
|Other name the charity uses|n/a|
|Registered charity number|1198463|
|Charity’s principal address|3, Warboro Terrace
Starcross
Exeter EX6 8QE|
|||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Alison Miles|Chair||Starcross Parish Council|
||Kate Manley-
Tucker|||Starcross Parish Council|
||Rev Patrick Parkes|||Priest-in-charge St Paul’s|
||Claire Johns|Treasurer/Secretary||St Paul’s Parochial Church
Council|
||Sandra Diaper|||St Paul’s Parochial Church
Council|
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved **Director name n/a**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**n/a**|||
||||
||||
||||
||||
||||
## **Funds held as custodian trustees on behalf of others**
Description of the assets n/a held in this capacity Name and objects of the n/a charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for n/a safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and**|**addresses of advisers (Optional information)**|**addresses of advisers (Optional information)**|
|---|---|---|
|**Type of**
**adviser**|**Name**
**Address**||
|**n/a**|||
||||
||||
||||
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**n/a**
## **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)** Alison Miles **Full name(s)** Alison Margaret Miles
**Position (eg Secretary,** Chair **Chair, etc)**
**Date**
24.01.24
**Henry Drew Thomas Almshouses and Starcross Welfare Trust Charity No 1198463 Receipts & Payments Account Year end 31st December 2024**
|2023
£
£
£
£
**Receipts**
Rental Income
18,235
18,235
21,290
Other Income
-
219
18,235
-
18,235
21,509
Interest
116
116
280
Dividends
1,459
1,459
-
116
1,459
1,575
280
Total incoming resources
**18,351**
**1,459**
**19,809**
**21,789**
**Payments**
Building Works
(17,345)
(17,345)
(13,220)
ECC
(1,268)
(1,268)
(589)
Maintenance
(1,052)
(1,052)
(1,167)
Utilities
(1,016)
(1,016)
(705)
Nat Assoc Almshouses
(353)
(353)
(343)
Equipment
(411)
(411)
(750)
Fees
(92)
(92)
(937)
Other
-
(64)
-
Total resources expended
**(21,537)**
**-**
**(21,537)**
**(17,775)**
**Net (outgoing)/ incoming resources**
**(3,186)**
**1,459**
**(1,728)**
**4,014**
Transfers between funds
15,000
(15,000)
-
-
Gains ( Losses) in Investment Assets
-
**Net movement in funds**
4,014
B/fwd 01/01/2024
7,862
41,598
49,459
45,444
As at 31st December 2024
**19,675**
**28,056**
**47,732**
**49,458**
**Statement of Assets & Liabilities At 31st December 2024**
**Cash at Bank**|2023
£
£
£
£
18,235
18,235
21,290
-
219|2023
£
£
£
£
18,235
18,235
21,290
-
219|2023
£
£
£
£
18,235
18,235
21,290
-
219|2023
£
£
£
£
18,235
18,235
21,290
-
219|
|---|---|---|---|---|
||18,235|-|18,235|21,509|
||116
116
280
1,459
1,459
-||||
||116|1,459|1,575|280|
||||||
||**18,351**|**1,459**|**19,809**|**21,789**|
||(17,345)
(17,345)
(13,220)
(1,268)
(1,268)
(589)
(1,052)
(1,052)
(1,167)
(1,016)
(1,016)
(705)
(353)
(353)
(343)
(411)
(411)
(750)
(92)
(92)
(937)
-
(64)
-||||
||**(21,537)**|**-**|**(21,537)**|**(17,775)**|
||**(3,186)**
**1,459**
**(1,728)**
**4,014**
15,000
(15,000)
-
-
-
4,014
7,862
41,598
49,459
45,444||||
||**19,675**
**28,056**
**47,732**
**49,458**||||
|Henry Drew Thomas
Starcross Welfare|15,629
15,629 7,862
4,046
4,046||||
|**Investments (COIF)**|**19,675**|**-**|**19,675**|**7,862**|
||||||
|Henry Drew Thomas
Starcross Welfare|8,148 8,148 22,129
19,908 19,908 19,467||||
|**TOTAL**|||||
||**19,675**|**28,056**|**47,731**|**49,458**|
SUMMARY 31.12.2024
||||||||||
|---|---|---|---|---|---|---|---|---|
|**Lloyds**|||||||||
|**Henry Drew Thomas and**||1.1.24||income||expenditur|e|31.12.24|
|**Starcross Welfare Accou**|**nt**||||||||
|(00)554112||3848.31||50082.97||28629.65||4046.05|
||||||||||
|interest account|||||||||
|31114260||4013.46||28629.65||13000||15629.65|
||||||||||
|Total(Cash available)||7861.77||||||19675.7|
||||||||||
||||||||||
|restricted to individual char|ity||||||||
|HDT||15852.46|||||||
|SWT||3823.24|||||||
||||||||||
||||||||||
||||||||||
|**Investments**|||||||||
|**Henry Drew Thomas**|||||||||
|coif||22,129.70||1019.03||15000||8,148.73|
||||||||||
|**Starcross Welfare**|||||||||
|coif||19467.94||439.79||||19907.73|
||||||||||
||||||||||
FINANCIAL OVERVIEW 1-1-12024 - 31-1- 2024
|Acc no||554112||||31114260||||
|---|---|---|---|---|---|---|---|---|---|
|date||OUT||IN||IN||OUT||
|1,1,24||||3848.31||4013.46||||
|2.1|ECC|98.22||||||||
|8.1|K Brown|83.5||||||||
|9.1|trans from ins acc|||4000||||4000||
|9.1|INT|||||3.9||||
|9.1|b mac|7334.4||||||||
|16.1|EDF|44.66||||||||
||EDF|49.82||||||||
|18.1|CCLA|||15000||||||
|18.1|trans TO ins acc|14000||||14000||||
|31'1|ECC|98.22||||||||
|9.2|INT|||||11.49||||
|6.2|K Brown|83.5||||||||
|28.2|EDF|61.77||||||||
|28.2|EDF|73.92||||||||
|29.2|ECC|98.22||||||||
|6.3|K Brown|83.5||||||||
|11.3|INT|||||15.49||||
|7.3|R WILLIAMS|||4040.22||||||
|14.3|EDF|22.44||||||||
|2.4|EDF|37||||||||
|2.4|ECC|98.22||||||||
|8.4|K Brown|83.5||||||||
|9.4|INT|||||14.51||||
|17.4|EDF|33.19||||||||
|17.4|EDF|49.74||||||||
|30.4|ECC|98.22||||||||
|9.5|INT|||||15.02||||
|7.5|K Brown|83.5||||||||
|17.5|EDF|40.34||||||||
|17.5|EDF|43.31||||||||
|20.5|TRANS|||9000||||9000||
|20.5|BMAC|9759||||||||
|31.5|ECC|98.22||||||||
|6.6|K Brown|83.5||||||||
|7.6|R WILLIAMS|||3101.48||||||
|10.6|INT|||||8.99||||
|19.6|EDF|38.9||||||||
|19.6|EDF|52.11||||||||
|24.6|trans TO ins acc|3000||||3000||||
|1.7|ECC|97||||||||
|8.7|K Brown|83.5||||||||
|9.8|INT|||||6.96||||
|8.7|CJTB COOKER|411||||||||
|10.7|EDF|28.11||||||||
|10.7|EDF|37.78||||||||
|31.7|ECC|96.9||||||||
|9.8|INT|||||8||||
|6.8|K Brown|83.5||||||||
|9.8|EDF|35.56||||||||
|9.8|EDF|43.33||||||||
|2.9|ECC|96.9||||||||
|4.9|R WILLIAMS|||5645.23||||||
|6.9|K Brown|83.5||||||||
|9.9|INT|||||6.88||||
|9.9|EDF|33.49||||||||
|9.9|EDF|41.39||||||||
|30.9|ECC|96.9||||||||
|2.1|TRANSFER TO INST|2500||||2500||||
|2.1||||||||||
|2.10.|BROWN BROWN INS|
50||||||||
|9.10.|INT|||||7.21||||
|7.10.|K Brown|83.5||||||||
|10.10,|EDF|34.62||||||||
|10.10.|EDF|39.73||||||||
|31.10.|ECC|96.9||||||||
|---|---|---|---|---|---|---|---|---|---|
|11.11||||||9.59||||
|6.11|K Brown|83.5||||||||
|11.11|EDF|36.13||||||||
|11.11|EDF|48.47||||||||
|27.11|B MAC|252||||||||
|27.11|CJ- KNOKSPADE|13.99||||||||
|2.12|ECC|96.9||||||||
|9.12|INT|||||8.15||||
|6.12|K Brown|83.5||||||||
|10.12|EDF|44.31||||||||
|10.12|EDF|45.94||||||||
|11.12|R WILLIAMS|||5447.73||||||
|19.12|trans TO ins acc|5000||||5000||||
|19.12|CJXMAS EXP|77.75||||||||
|10.12|NAT ASS ALMSHOU|S
353||||||||
|31.12|ECC|96.9||||||||
|||||||||||
|||||||||||
|||46036.92||50082.97||28629.65||13000||
||||||4046.05||||15629.65|
|||||||||||
FINANCIAL OVERVIEW 1-1-12024 - 31-1- 2024
|Acc no||554112||||31114260||||
|---|---|---|---|---|---|---|---|---|---|
|date||OUT||IN||IN||OUT||
|1,1,24||||3848.31||4013.46||||
|9.1|b mac|7334.4||||||||
|27.11|B MAC|252||||||||
|20.5|BMAC|9759||||||||
|2.10.|BROWN BROWN INS|
50||||||||
|18.1|CCLA|||15000||||||
|27.11|CJ- KNOKSPADE|13.99||||||||
|8.7|CJTB COOKER|411||||||||
|19.12|CJXMAS EXP|77.75||||||||
|2.1|ECC|98.22||||||||
|31'1|ECC|98.22||||||||
|29.2|ECC|98.22||||||||
|2.4|ECC|98.22||||||||
|30.4|ECC|98.22||||||||
|31.5|ECC|98.22||||||||
|1.7|ECC|97||||||||
|31.7|ECC|96.9||||||||
|2.9|ECC|96.9||||||||
|30.9|ECC|96.9||||||||
|31.10.|ECC|96.9||||||||
|2.12|ECC|96.9||||||||
|31.12|ECC|96.9||||||||
|16.1|EDF|44.66||||||||
||EDF|49.82||||||||
|28.2|EDF|61.77||||||||
|28.2|EDF|73.92||||||||
|14.3|EDF|22.44||||||||
|2.4|EDF|37||||||||
|17.4|EDF|33.19||||||||
|17.4|EDF|49.74||||||||
|17.5|EDF|40.34||||||||
|17.5|EDF|43.31||||||||
|19.6|EDF|38.9||||||||
|19.6|EDF|52.11||||||||
|10.7|EDF|28.11||||||||
|10.7|EDF|37.78||||||||
|9.8|EDF|35.56||||||||
|9.8|EDF|43.33||||||||
|9.9|EDF|33.49||||||||
|9.9|EDF|41.39||||||||
|10.10,|EDF|34.62||||||||
|10.10.|EDF|39.73||||||||
|11.11|EDF|36.13||||||||
|11.11|EDF|48.47||||||||
|10.12|EDF|44.31||||||||
|10.12|EDF|45.94||||||||
|9.1|INT|||||3.9||||
|9.2|INT|||||11.49||||
|11.3|INT|||||15.49||||
|9.4|INT|||||14.51||||
|9.5|INT|||||15.02||||
|10.6|INT|||||8.99||||
|9.8|INT|||||6.96||||
|9.8|INT|||||8||||
|9.9|INT|||||6.88||||
|9.10.|INT|||||7.21||||
|9.12|INT|||||8.15||||
|8.1|K Brown|83.5||||||||
|6.2|K Brown|83.5||||||||
|6.3|K Brown|83.5||||||||
|8.4|K Brown|83.5||||||||
|7.5|K Brown|83.5||||||||
|6.6|K Brown|83.5||||||||
|8.7|K Brown|83.5||||||||
|6.8|K Brown|83.5||||||||
|6.9|K Brown|83.5||||||||
|---|---|---|---|---|---|---|---|---|---|
|7.10.|K Brown|83.5||||||||
|6.11|K Brown|83.5||||||||
|6.12|K Brown|83.5||||||||
|10.12|NAT ASS ALMSHOU|S
353||||||||
|7.3|R WILLIAMS|||4040.22||||||
|7.6|R WILLIAMS|||3101.48||||||
|4.9|R WILLIAMS|||5645.23||||||
|11.12|R WILLIAMS|||5447.73||||||
|20.5|TRANS|||9000||||9000||
|9.1|trans from ins acc|||4000||||4000||
|18.1|trans TO ins acc|14000||||14000||||
|24.6|trans TO ins acc|3000||||3000||||
|19.12|trans TO ins acc|5000||||5000||||
|2.1|TRANSFER TO INST|2500||||2500||||
|2.1||||||||||
|11.11||||||9.59||||
|||||||||||
|||||||||||
|||46036.92||50082.97||28629.65||13000||
||||||4046.05||||15629.65|
|||||||||||