BARTON & ROYLE HOMES FINANCIAL STATEMENTS ST YEAR ENDED 31 DECEMBER 2021
THE BARTON AND ROYLE HOMES LEGAL AND ADMINISTRATIVE INFORMATION Charity Registered Number 21JM)97 Trnstees Mrs Rosemary Gentry The Reverend Josephine Spray Mr Mike Marshall Mrs Glen de Ville Mr Andrew Barr Mrs Gillian Bishop Mr5 Alex Jennyn Contart Mrs S Newman 4. The Furlong Putnoe Bedford Beds MK418EE Bankers CAF Bank Independent Examiner David Nightingale
THE BARTON AND ROYLE HOMES- TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees present their Annual Report together with the independentty examined accounts for the year ended 31 December 2021. Governing Dtxument The Charity was registered on 2 September 1962 and its governing document is a scheme of the th Chèrity Commissioners dated 2 September 1963. as amended by schemes dated 4 May 1966 and 18, February 21x13. Objects The objective of the CharFty is the provision of 26 Almshouses for poor. aged and deserving persons. Properties are refurbished as they become vacant and- with the exception of periods of refurbishment- the Almshouse properties were ICKY% occupied during the year. The principal funds of the charrty during the year were derived from the weekly maintenance charges paid by the charitvs beneficiaries. income from a rental property and dividends recelved from the charity's investment portfolio. The Trustees meet six times a yeaf to review management accounts and investments. to discuss property management issues and to consider reports from the Warden and Trustee visits. The meetings are not quorate unless 4 Trustees are present. and all decisions must be resolved by a majority decision. Activities During the year, it has ten possible to deliver some further capital improvements to the site Isuch as installation of new central lighting and handrails). HOVver. the continued impact of the pandemic has resulted in significant delays to other elements of this work. Three properties become vacant during the year and were fulty refurbished before being occupied by new beneficiaries. In addition, a number of other properties have been improved with new roof5, r)ew anti-slip flooring nd replacement doors and windows. On-going routine maintenance ha5 (Dntinued to be managed in a Covid safe manner. Unfortunatety. the Trustees decided that they could Th)t make the Community Hall or Guest Bungalow available for ffluch of the year due to the risk presented by the Covid-19 pandemic. However, they were deli8hted that the Change in national guidance made this possible again in the later part of the year. This also allowed for regular resident activities such as the choir and gentle exercise to re-start. and residents were able to arrange a Christmas lunch. During periods of lockdown, a number of residents expressed their appreciation of the SUPFM)rt provided from living within an Almshouse community and, in particular. offered by the Warden. Finarxial Re¥Èew The major expenditure during the year was in relation to site improvements and refurbishments. general maintenance of the properties and the provision of a part time Clerk and Warden. The receipts and payments account for the year showed 3 deficit of £30.644 Isurplus of £130,205 last vearl. However, this was due to expenditure on the srte improvement programme and was fully met by the previous release of investments to fund this work. Total net assets excluding the value of the properties amounted to E827,9871£774.(5 in 20201. Trustees receNe no remuneration or other benefits in relation to their invofvement. Reserves The Charity continues to manage a healthy financtal position and Trustees consider that the level of reserves held is appropriate in order to protect the future operatM?ns of the charity, having regard to
future refurbishment costs. Policies During the course of this year. the Trustees have re¥Wed their policies on Safeguardin& Financial Contro15 and Investments lincluding Reserves). Conflitt of Interests. Equality and Diversity and Risk Management. Public Benefft The Trustees are aware of the Charity commissn5 guidan on public benefit and consider that the charitsble objects fall well within the public benefft guidelines. Signed on behalf of the Trustees Reverend Josephine Sprav Chairperson
INDEPENDEKf EXAMINER'S REpoKf TO THE TRUSTEES OF THE BARTON AND ROYLE HOMES I report on the accounts forthe Charity for the year ended 31 December 2021. Respective responslbilities of trustees and examiner As the charity's trustees you are responsible for the preparation of the annual accounts; you do consider that the audit requirement of section 142 of the Charities Act 2011 (the Act) does not apply. As independent examiner it is my responsibility to examine the accounts in accordance with the Directions of section 145 of the Act and the guidance given in "Independent examination of charity accounts- Directions and guidance for examiners ICC32}" and to state whether any particular matters have come to my attention. Basis of examiner's report My examination was carried out in accordance with the Guidance. cc32, 8iven by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations concerning any such matters. Independent Examlner'5 statement Based on my examination no matter has come to my attention: which gives me reasonable cause to believe that in any material respectthe requirements: o to keep accounting records in accordance with the Charities Act. o to prepare accounts which accord with the accounting records and o to comply with the accounting requirements of the Att have not been met, or to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. David Nightingale 10 Barncroft, Turvey Bedford, MK43 8DN 19 July 2022
BARTON & ROYLE HOMES RECEIPTS AND PAYMENTSACCOUNT YEAR ENDED 3W DECEMBER 2021 2021 2020 2019 2019 RECEIPTS Weekly Maintenance Charge sha Income Sale of sharesl investments Investment Income Rental Income Bank Interest Other Income (bnclLIng Guest Bungalowl Donations 11)S.lJ)7 2.614 I60,0 3,336 11.650 16. 104.257 4.567 28.188 3.321 11.4 2.869 3.204 11.9C li 1.622 TOTAL RECEIPTS 127.033 283,873 153.399 PAYMEi¥f5 BPHA Carelinkl Mobile Warden Repaits and Maintenance Salaries and staff costs Countil Tax Electricity General Expenses Insuran Investments Refurbishment- Bungalows Site Improvements Lydstep- maintenan & Management Fees Surveyors / SoliC¢t0 Fees Water Rates TOTAL PAYMEt¥rs 5,875 85,263 7.206 87.164 28.037 8.683 138,520 27,255 L339 1.923 9.742 2.074 1.819 8.775 9,042 15.716 I2.2 13.t>J6 4.633 2.150 1.826 1.2( 2,169 153.668 4.430 2.589 209.258 EXCE55 OF RECEIPTSOVEII PAYMEfllS 130.205 55,859 Bank reconciliation Balances at beginnin8 of year Bank balantÈ atyèai End Less un-presented cheques Balanceat Year End 178,9( 148.263 48,702 178.956 104,561 48,702 148.263 178,906 £48,702 Representedbyfvnds ut.. CAF Bank Current Account CAF Bank ReSee Account 47,881 IW.382 148.263 158,535 20.371 178,9( 28.347 20,355 £48.702 Comprising of.. GENERAL FUND CAPITAL FUNO 142.091 6.172 148,263 172.734 6.IT2 178,9( 42,530 6,172 48,702
&4RTON & ROYLE HOMES STATEMENTOFILfjETS ANO LIABIUTIES AS AT31ST DECEMBER 2021 2021 (£1 2020 IE) 2019 ank Balances AF B6nk Current Account CAF Bank Reserve Account T31 aank Balanos 47,881 l(NJ382 148.263 158535 20J71 178,906 28347 20355 48,702 Units I shares Investments CCLA Investment Management Lttl- charr Investment Fund Accumulation Units Income Units 937 227362 1471 30251 257613 193,688 26.493 220.1 176,422 24.9(K> 201.322 M&G Investments The National AtyXiatn of Alm5hov5e5 Common Investment Fund INAACIFI Extraordinary Repair Fund Income Units RecovpmeTrtAccount Incorne Account 35W 225819 11533 10512 ICB3 113394 28247 25747 3754r2 21K).573 389571 10,422 103,488 25.527 529,1 IIK).195 23.620 334,032 Shares Astra Zenelz BP PLC Brttish Arneré£an Tobacco Isold 101101191 G1axoSmtthe HBOS/ Uoyds Bankfft8Group InteicontiTrenetal Hotels Isokl 14/IV191 RioTinto iio 9,516 3W7 12,656 8,056 9.751 8368 926 14 425 12A27 Iss 16.474 266 205 193 9,398 46.639 10.557 40946 8,691 51 Totalvakne of Invesin 679,724 595.159 782.176 TotalA*%ets 827,987 714ffi5 830877