BARTON & ROYLE HOMES FINANCIAL STATEMENTS YEAR ENDED 31" DECEMBER 2022
FOR THE YEAR ENDED 31" DEMBER 2022 The Trustees present their Annual Report togetherwith the independentfy examined accounts for the year ended 31° tkcember 2022. Governing Do¢unnt The Charity was re8iStered on 20 Septernr 1%2 and its 8oveming document is a scheme of the Charity Commissioners dated 2P September 1963. as amended by schemes dated 4 Mwi 1966 and 18, February 2CIJ3. The obpctive of the Charity is the provision of 26 Almshouses for r)or, aged and deserving persons. Properties are refurbished as they become vacant and- with the exception of periods of refurbishment- the Almshouse properties were l(XY% occupied during the year. The principal funds of the charity during the year were derived from the weekty maintenance charges paid by the charitys beneficiar5. income from a rental property and dividends received from the charitVs inve5trnent portfolio. The Trustees meet no less than six tlme5 a year to review management accounts and investments. to discuss property management issues and to consider reports from the Warden and Trustee visits. The meetings a not quorate unless 4 Trustees are present, and all decisions must be resofved by a majority decision. During the year. there has been significant further expenditure on capttal improvements to the site, with the installation of new resin paths and handrails throughoLrt. Three properties become vacarrt during the year and were fully refurbished before being occupied by new beneficlaries. In addition, work has been undertaken on a number of other properties to rnodernise or to rectify minor repairs. Following the lifting of all national Covid restrictions. residents have once again been able to continue with their regular activities on site such as the choir and Art group. H(Miever, Covid has continued to impact with a number of residents choosing to 5elf-isolate whilst testing positive. Financial Review The major expenditure during the year was in relatty)n to site improvements and refurbishments. general Maintenan of the properties and the provision of a part time Clerk and Warden. The receipts and payments account for the year showed a deficit of £88.176 {deficit of £30,6M last year). However. this was predominately due to one-off capitsl expenditure on the site improvement programme and wa5 met by the previou5 release of investments to fund this wo. Total net assets exduding the value of the properties amounted to £n4.781 {£827.987 in 2021). Trustees receive no remuneration or other benefits in relation to their involvernent. Rese The running costs of the charity have been imparted ty the significant rise in everyday expense5 but continues to manage a healthy financial pjsition. Trustees consider that the level of reserves held is appropriate in order to protert the futu operations of the charity. havin8 regard to future refurbishment costs. Policles The Trustees have appropriate policies in place for Safeguardin& Financial Controls and Investments {including Reserrfesl. Confiirt of Interests. Eqvality and Diversity and Risk Management. Public Benefft
The Trustees are avre of the Charity Commissions guidan on publlc benefit and conslder that the charitsble objett5 fall well within the public benefft guideline5. Signed on behalf of the Trustees Reverend Josephlne Sp Chairperson
ANDR LE HOM LEGALAND ADMINI INFORMATION Charlty Regthred Number 21J))97 Trustees Mrs Rosemary Gentry The Reverend Josephine Spray Mr Mike Marshall Mrs Glen de Ville MrAndrew Barr Mrs Gillian Bishop Mrs Alex Jermyn Contsrt Mrss Newman 4. The Furlong Putnoe Bedford Beds MK418EE Bankers CAF Bank Independent Examlner David Nightingale
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF DROY MES I report on the accounts for the Charlty for the year ended 31 December 2022. Respertlve responslblllua of trustees and examiner As the charity's trustees you are responsible for the preparation of the annual attounts; 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 gNen in "Independent examination of charity accounts". Directions and guidance for examiners (CC32)" 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, given 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 considerntion of any unusual item5 or disclosures in the accounts and seeking explanations concerning any such matters. Independent Examinevs statement Based on my examination no matter has come to my attention: which glves me reasonable cause to believe that in any material respett the 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 Act have not been met. or to which, in my opinion, attention should be drdwn in order to enable a proper understanding of the accounts to be reached. David Nightingale 10 Barncroft, Turvey Bedford. MK43 8DN 28 June 2023
BART¢>I &ROAE M(XES YEPJI ENDED3DEM 2022 RECEPTS wee MaIntenae Char8e Share Income Sale of shareslinveaments Inves1nnt IncoTT Rental Incon Bank Interest Olher In(on li1j1&G Bungkyw) Donations T(AL RECE•TS iC6.768 106.flJ7 O,LKMJ 33% 3,372 IL910 3.2 16 250 127 PAYMEKrs BPHA(arelinkl Moblk Vdrden Repair5and Maintenan salar12s31 staff Council Tay Electrtcity General Expens Insuran Investnnts Refurbishnnt. Bunplrys LsJstep- MaIntenae & Mawnrnt Fees Surveyorsls)IKilors Fees Water Rates TOTPI PAITAEPll5 72¢ ,IE4 2&037 117,625 31,134 85263 292a9 L339 1513 9.742 io,&fji 36. Isn6 4fi33 2,lYJ L21 214,( 157 153,668 Balaes2t be•nninIofr B5MbalanceatYex End Less un.ptesented cheq Balan¢•atYo4r End 14&2 178x6 1482 RewesentÉYltyfvÈxlsot.' CAF BankCurrentAccount CAF BankRtNeAc(ount 47 ioj 158,535 17 Compris¢ngof: GENEBAI FUND CAPItAL RJND 53.914 i421 172.734
2022 20 CAF Bank CuTrent Account CAF Bank ReseF¥e Account Total Bank balaftkys 345 25SL ,086 47ml l(KJ.382 148.263 158535 20371 178.906 Units/ share5 CCLA Investment Maftayment Ltd-ChaFttks In4vDtFUfid Actymulatlon Unlts Income Unll3 937 X611 1471 26. 233307 227362 30,251 25713 193.688 26.493 220,181 Investment Fund INMaF) Extraordlnary Repair Fund- Irtcome Extraordh)ary Repar Fund- AcCumulatn Income Units RecoupmentAccount IKome Acrount 33745 29AC 1863 .602 10.185 105 1(83 11429) 113394 28247 24.945 2S.747 375122 375.4n 225 2(573 IrAJ,195 23,620 334 Shafes Astra Zeneca BP PLC fjlaxoSmithKline HaOn PLC HBOSI Uoyds bankin8Group ATintO iio 3A27 740 926 9516 8,056 9,751 12,427 18.174 10.638 331 14 155 10557 11.19) 9398 55566 46ffi39 664fi95 679,724 595.159 n4,781 8277 TJ4065