LORD RYCHE'S ALMSHOUSES
TRUSTEES, ANNUAL REPORT
AND
ACCOUNTS
YEAR ENDED 31. DECEMBER 2024

LORD RYCHE'S ALMSHOUSES
INDEX
for the year ended 31° December 2024
Triistees, annual report
Independent examiner's report on the accounts
Receipts and paymenls account
Notes to receipts and payments accoiint
Statement of assets and liabiliiies

LORD RVCHE'S ALMSHOUSES
TRUSTEES, ANNUAL REPORT
for the year ended 31 December 2024
Legal and admÉnistrative Informwtion
Cliarily nnme
The charil). is also ktlown by ihe names Lord RyLh¢'s Almshouses Charity and The Rochford Cliarities.
Charilji C'ummi&&ion rÈKI.%tervd vmmber
10594
Chorini'.I prlncipal addre.ss
Thc address used for all correspondence is Iliat of the Honorary Clerk. Mrs S Faulkner
I I l Alexandra Way
Great Wakering
Southend on Sea
Essex
SS3 OGX
The charily is governed by the regulaiions set out in the Charity Commissioners. S¢heJne of1922 as amended in 1979.
198.5 and ?001 which is based on the Will of Lord Ryche of Rochford made in 1571.
C'hurity'& objects
Tlie Lliarit) owns six almshouses foT the use and benefit of loeal. needy and aged tenants.
Trustees and governanee
Truslee5
The Lurrent iru.%te¢s. and those who acted during the year covered by this report as follows..
Mr J H Howard
Chairman
MrCJ Clark
Trustee
Mr DJ Coiiiq
Vice-chaimian
Mr C I'abor
Trustee (died Apr 20241
Mr J R A Jackson
1 rustee
Mrs F Squier
Trustee
Mr J P Sinoothy
Treasurer
Mrs J McPherson
Trusiee (resigned Nov 2024)
Mr R Wl)iltingham
Trustee
All ihe members acted throughout ihe year ended 31° December 2024.
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LORD RYCHE'S ALMSHOUSES
TRUSI'EES, ANNUAL REPORT
for the year ended 31. December 2024
2. Activities and achievements
PrinLipdl aciiviiles
The principal activi1￿ of the tTUSt is the provision of long-lerni housing for six local, needy and aged persons.
FundiMg.IlruleLNv
Costs are fund¢d by investment income and a monthly coniribution from each tenant.
Muiiilenance
M&illltLiianc¢ of. and repairs to. the Almshouses is arranged by the Truslees. Costs include exterior windo￿. cleaning
and g?ardeiiiiig.
Achievemenl.v in 2024
Redesign of the Communal Garden continues as before.
3. Policies
Reserves
The tru51ees' policy is lo mdintain in¢ome that either exceeds or malches the costs incU￿ed in the operation of
the ¢harity.
As ai 31 st De¢ember 2024. unrestricted and restricted reserves totalled £25605112023.. £246808).
4. Signalure and declaratio
I d¢clarc. iii my capacity of charity trustee. that..
The trustees have approved the Report sei out aiY>ve,'
The tTll8t¢es liave complied with their duty as per section 4 of th¢ 2006 Act to have due regard to guidan¢¢ on
publi¢ bei?efit published bj the commission; and
The truste¢% have authorised me to sigTn it on their behalf.
J l) SmoL)Ihy - Trustec & Tre&qurer
F'or and on behall-ol. tlie 'l'ruslees of Lord Ryehe's Almshouses
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LORD RYCHE'S ALMSHOUSES
INDEPENDENT EXAMINER'S REPORT ON TIIE ACCOUNTS
Reporl l() tlie trustees of Lord Ryclie's Alnishouses on the Receipts and Paymenis Accounts for the
year ended 31 December 2024, set oiil on pages 4 to 6.
Re$pe¢tive re5pon$ibilities of trus¢ees and examiner
The charity's trustee.q are respnnsiblc for the preparation of the 1( ccounls. The chariry's trustee8 ¢on.%ider
that an audit is not rLquired for thi5 period and Iliat an indepcndeiit cxamination 15 needed {under section
144 of the Charities Act ?01 l {the Chariiies A¢t)).
It is my responsibi lity to..
cxamine ihe accounts (under section 145 01. th¢ Charities Act).
r()11()￿. th¢ pi'oLedures laid down in ilie LFeneral DireLiions gFiven by the Charity Coi?)ii)ission
(uiidcr scction 145(5}Ibl of the C haritieg Act)., aiid
5tal¢ whctlicr particular matters have come to my atiention.
Basis of Independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity
Cownmis5ion. An examination includeg a reviciv of the accounting records kept by the charity and a
Comparison of the accoun(s presttnt¢d with tliose recoi'ds. It also includes Loll5ideration of any unusudl
iten15 or disLlusui'es itl the accounis and seeking explanalion.8 from thc trustecs concerning any such
matters. The procediires undertaken do not provide all tlie evidence thai would be required in an audit,
and conseqiLetLtly no opinioii is gFiven d5 to whcihcr the accounts present a 'true and fair, view and the
report is liini(ed io ilios¢ iiiatlers set out in the statemeni b¢10￿.
Independent examiner's statement
In connection witli my exaiiiination. no matter has coiiie to ITIY at(ention'.
{ l ) which givcs me reasonable cause to belicvc tliat in any material respect the requirements..
to keep acLountinLJ recurds in accordance with seciion 130 Df the Charities Act,. and
lo prcpare accounis which accnrd with the accounting records and ¢omply will) the
accountiiig requirements ul-th¢ Charilies Act
have not been mel; or
(2) to which. iii iny opinion. attention sliould be drawn in order to cnable a proper undersianding of
the aLLountS to be reached.
31 July 2025
Ddvid Siapleton Bsc ACA
laK%aTd &. Stapleton
?6-?8 WLSt Street
Rochford
F.s%cx, SS4 1 AJ
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LORD RYCHE'S ALMSHOUSES
RECEIPTS AND PA YMENTS ACCOIINT
for the year ended 31 December 2024
2024
Unrestricted
Funds
2023
Restricted
Fllnds
Unreslricied
Re.iirieiLd
FuFzd.¥
Notes
Re£eipls
Doiiations. legJacies and other
siinilar receipts
OperatingTr activities
lo furtlier cliarity's objects
to gienerate funds
Grants received
3350
45(J
Other receipts
Interest and dividends
43000
334
39050
265
46684
Payments
Pavinenis for generating fund4
Cl)aritable paym¢nls'.
LJrant.s paid
Lharilabl¥ activites
support costs
maiiagjeinent and administration
finance costs
8562
1399
27480
15697
2025
26110
Other pavments
37441
43132
Non-cash movements
Profit on disposdl of investments
Transf¢r bclwciii funds
44667
(44667)
(5482)
5482
44667
4466
5482
5482
]Yet Receiptsl(PaymtnL4)
FOT period
Surplus funds brought lorwaTd
53910
202141
(44667}
44667
(9549)
205215
54112
J9185
As at 31 D¢cember 2024
256051
29214]
44607
The notes on pagic 5 fomi part of these accounts
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LORD RYCHE'S ALMSHOUSES
NOI'ES TO RECEIPTS AND PAYMENTS ACCOUNT
for the year ended 31 De¢ember 2024
2024
Unrestricted Restricted
Funds
2U23
Up7re,Tlricled Re.flriclcd
Notes
Dnnatlons. Icgaeies and other
similar reeeipt5
Donations
restricted
unrestricted
Legacies
Gift Aid tax refunds
3350
450
3J50
450
2. Grants received
Rochlord District Coun¢il
Other receipts
Residents, contributions
43000
39050
43000
39Q50
Intercst and dividends
DL"P()sii account iniLrest
3J4
265
334
265
Support rost$
1214
1292
6066
1597
1311
12788
Mdintenanee
Council tax
8562
J5697
A55ets
The trustees do not hold any assels aside from;
I I I casli accuniulated and held in the bank:
12) the freehold land and biiildings Comprising the six almshouses wilh a cur￿n1 value of £1.250.000. the
cost of which is indeterminable.
Transfer between funds
The trustees received confirnialion froTll the Charity Bank that the loan and corresponding asset did not need
to be listed as restricted flind￿ and could be moved to Linrestricted funds. A fLIII transfer has taken place with a
vieii to onl) havingi Unrestr1Lt￿ lunds moviiigi lorward.
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LORD RYCHE'S ALMSHOUSES
STATEMENT OF ASSETS AND LIABII.ITIES
as at 31 De¢emb¢r 2024
2024
Unrestricted
Funds
2U2J
UnrL.siriLfLd
Fund5
Restricted
Funds
RL)siric'lé,d
Fund.¥
Total
Tolal
Assets
Almshous￿ costs
Cash fiinds..
Currcnt d¢Loiinl
tkp05ii a¢¢ounl
534677
179276
355401
534677
179276
355401
4427
22407
4427
22407
793
22072
As%it% r¢l8incd for the
cliarit)'s oivn use
Tran5feT betweLn funds
355401
(355401)
561511
561511
557.542
2U2141
355401
Liabilittes
Charit) bank loan
305460
305460
3J0734
310734
Tran5f¢r hctween funds
305460
(305460)
305460
305460
310734
3JO/ 34
SigTned on behalf of the trustees
'ard - Trustee and Chaim)an
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