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2023-03-31-accounts

Rowland Hill Almshouses
Rowland Hill Almshouses
Rowland Hill Almshouses
Rowland Hill Almshouses
CC16a
For the period
from
Period start date
22.07.2022
To
Section A Receipts and payments
A1 Receipts
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Sub total -
Total receipts -
A3 Payments
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Sub total -
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Sub total -
Total payments -
Net of receipts/(payments) -
A5 Transfers between funds
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A6 Cash funds last year end
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Cash funds this year end -
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
Last year
to the nearest £
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Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Details
Details
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
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OK
to nearest £
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Unrestricted
funds
Unrestricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
to nearest £
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OK
to nearest £
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Cost (optional)
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Cost (optional)
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Restricted
funds
Restricted
funds
Amount due
(optional)
to nearest £
Endowment
funds
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OK
to nearest £
Endowment
funds
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Current value
(optional)
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Current value
(optional)
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When due
(optional)
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Signed by one or two trustees on behalf of all the trustees Signature

Date of Print Name approval

Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 22 07 2022 To 31 03 2023

Section A Reference and administration details

Charity name Rowland Hill and Vaughan Almshouses

Other names charity is known by Rowland Hill

Registered charity number (if any) 1199761

Charity's principal address The Manager’s Office, Feltham Hill Road, Ashford, Middlesex Postcode TW15 2DS

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
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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)
Fr Stuart King Chair
Fr John Hilman Secretary
Mr GuyGhani
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year

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Names and addresses of advisers (Optional information)

Type of adviser Name
Address
Name
Address
Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Constitution

Type of governing document (eg. trust deed, constitution) Charitable incorporated organisation How the charity is constituted (eg. trust, association, company) Trustee selection methods Appointed by Trustees, ex officios of the Anglican Ecclesiastical Parish in which Rowland Hill resides. (eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The objects of the CIO are:

The provision and maintenance of social housing in the form of almshouse accommodation for elderly women who are over retirement, aged at least 60 and are also in need, with a preference for individuals who are or have a local connection in the Area of Benefit and are a member of a Christian church;

To relieve such charitable needs of the residents of the

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almshouses as the charity trustees determine. ‘Area of Benefit’ shall mean the London Borough of Southwark, and Borough of Spelthorne. Nothing in this constitution shall authorise an application of the property of the CIO for the purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008

The Provision of social housing, and related services.

The Board of Trustee has referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing Rowland Hill and Vaughan Almshouses’ aims and objectives and in planning future activities. The purpose of the charity is as stated above. Consequently, the Trustee considers that it operates to benefit the general public and satisfies the public benefit test Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

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You may choose to include further statements, where relevant, about:

Section D Achievements and performance

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Section D Achievements and performance The organisation was dormant during this time. Summary of the main achievements of the charity during the year

Section E Financial review

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Reserves Policy Brief statement of the It is the policy of the Charity that unrestricted funds which have not charity’s policy on reserves been designated for a specific use should be maintained at a level equivalent to nine months expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity’s current activities while consideration is given to ways in which additional funds may be raised. The Trustees have agreed that any additional funds should be set aside for special projects to improve the amenities and grow the organisation. The Trustees have also agreed that any reserves that are more than the stated policy will be used on special projects to improve living standards and the well-being of residents, and the Trustees feel it is prudent to uses funds in excess of the reserves to fund these projects. Designated Reserve The Trustees believe that income from investments should not be used for the day to day running of the Almshouse and should be used for refurbishment and improvement of the housing stock. Accordingly, such income from these investments has been included in the designated reserve. Details of any funds materially N/A in deficit Further financial review details (Optional information) You may choose to include additional information, where relevant about:  the charity’s principal sources of funds (including any fundraising);  how expenditure has supported the key objectives of the charity;  investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

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The CIO is a new legal entity following a transfer from a charity of the same name which will be closed.

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary, Chair,
etc)
Date
Fr John Hillman
Fr Stuart Kind
Secretary
Chair
16 July 2024

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