Bakers Almshouses Stutton
Trustees Statement for 2024 Charity Commission Return
2024 has continued to be a challenging time for the Charity. We have one of five units empty due to serious damp issues which have rotted the wooden floor, joists and plates. We are applying for Grants to undertake this work and a much larger programme of essential work to the exterior, including repointing, French drains and rain water management which will keep the Almshouses damp free for the residents. Our income has reduced by a fifth due to the uninhabitable Almshouse. We have successfully obtained a Grant to complete the replacement of the remaining single glazed windows with double glazed units.
BAKER'S ALMSHOUSES
INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD 8 APRIL 2024 TO 31 DECEMBER 2024
| UNRESTRICTED | UNRESTRICTED | |||||
|---|---|---|---|---|---|---|
| GENERAL | DESIGNATED | ENDOWMENT TOTAL | ||||
| FUNDS | FUND | FUNDS | ||||
| INCOME | Dividends | 256 | 256 | |||
| Maintenace charges from residents13,054 13,054Bank interest | 354 354 | |||||
| Windows grant | ||||||
| Total incoming | resources | 13,664 | o | 13,664 | ||
| EXPENDITURE | Property management fees | |||||
| Administraton fees | ||||||
| General and water rates | ||||||
| Heat and light Repairs and maintenance - General Repairs and maintenance -Windows replacement Gardening Insurance Sundries |
2,239 1,171 417 7,521 |
2,239 1,171 417 7,521 7,935 |
||||
| 118 | 118 | |||||
| Total resources expended | 1,171 | 1,171 | ||||
| 495 | 7,935 | 495 | ||||
| Net incoming/(outgoing) resources before transfers Transfer between funds |
13,132 | 7,935 | o | 21,067 | ||
| 532 | (7,935) | o | (7,403) | |||
| Unrealised gains/(losses) on investments Realised gains on | ||||||
| investments | ||||||
| 532 | (7,935) | o | (7,403) | |||
| 1,360 | 170 | 1,530 | ||||
| B/Fwd 8 April 2024 | ||||||
| BAKER'S ALMSHOUSES | 532 | (6,575) | 170 | (5,873) | ||
| 28,185 | 39, 165 | 7,368 | 74,718 | |||
| BALANCE SHEET AS AT 31 DECEMBER 2024 | ||||||
| 28,717 | 32,590 | 7,538 | 68,845 |
| DEC | DEC | ||
|---|---|---|---|
| 2024 | 2024 | ||
| FIXED ASSETS | Investments | 32,194 | |
| CURRENT ASSETS | Debtors | 1,160 | |
| Cash at bank and in hand | 36,103 | ||
| 37,263 | |||
| CREDITORS | Amounts falling due within one year | 612 | |
| 36,651 | |||
| Total Net Assets | 68,845 | ||
| Represented by | |||
| CAPITAL FUNDS | Endowment fund | 7,538 | |
| INCOME FUNDS | General fund | 28,717 | |
| Designated Fund | 7,934 | ||
| Repair fund | 24,656 | ||
| 61,307 | |||
| 68,845 |
Chairman of Trustees
J*M Hon. Treasurer Date.'22 September 2025