BARTON & ROYLE HOMES FINANCIAL STATEMENTS YEAR ENDED 31" DECEMBER 2023
THE BAKfoN AND ROYLE HOMES 21XMY37 Mrs Rosemary Gentry The Reverend Josephine Spray Mr Mike Marshall Mrs Glen de Wille Mr Andrew Barr Mrs Gillian Bshop Mrs Alex Jermyn Mr Mark Upex Mr5 S Newman 4, Furlong Bedford MK418EE Bankers CAF Bank David Nightingale
(EMBER 2023 The Trustees presert theirAnnual Report tO8etherwith tte independently exarnined accounts for the year ended 31° December 2023. The CharFty wa5 registered OTr 2 September 1962 and its govemuw document is a scheme of the Charity Commissioners dated 2F September 1963, as amended by SCM dated 4" May 1966 aml I February 2003. Objects The obiectrve of the CIMrrty is the provs1 of 26 Alnthovsesfor wor. aged and de5ervTng persons. Properttes are refurbished as they becomevacant and-with the exception of periots of charges paid by the chariws beneficiaries. income from a rentsl prOtty and dividends reiVed from the charitys inwEstment portfollo. The Tntstees meet no lessthan sixttffs a rniiew managemeftt accounts and Investsnents, discuss property management issues and to consider reports from the Warden and Trustee vtsits. The meetings are not quorate unless 4 Trustees are present and all decisions must be resolved lry a maiortty decision. During theyear, there has been si8nifi(2ftt inVeStt in the bungak)ws. with the instsllation of new energy effictent do)rs and wrndows in eath propety. Four propertles become wacant duri the year and were fully refurbished before being occupied by new beneficiaries. In addition. work has been undert3ken on a mimber of other properties to modernise or to rectify minor repairs. The major expenditure duTing the year was in relatioTrto refurbi and Impro of the propertTes. general rna1ntenan ofthe properties and the provi (rf3 part time aerk and Wardertr. The receipts and payments accouTrt forthe year showed a surplus of £3.071 (deficit of £88.176 lastyear). Howfftr. this induded the Telease of investments to part fund the doorand VdOW replacemerFt prarnMe. Total net assets exduding the value of the propertwes amounted to £671,883 (£724,781 ift 2022}. Trustees recerft remufteratioft or other benefits ITr relation to theirinvofvement. The runnin8 costs of the clmrity continue to be impacted ty the significant ri everyday eXpere5. in particular the cost of refurbishing the properties ithen residents. However. despite this, the charitycorrtTnuesto manage a healthyfinanctol postion. TTUStees constderthat the level of reserves held is appropriate in order to protectthe future operations of the charity. having rard to The Trustees have appropriate policie5 in place for Safeguardin& Financial Controls and Investrnents (including Re5erve5). Conflirt of hrterests. Equality ar Diversity and Rsk ManagemenL The Trustees are aware of the Charity Commi55ions guidance on public benefit and consider that the tharitaljle objects fallwell within the publTc guidelFne&
Signed on behalf of the Tnstees, Revend Josephlne Spray Chairperson
THE BAKfoN AND ROYLE HOME5 l pOrt on the accounts forthe Charity forthe year ended 31 December 2023. A5 the charitystrustees YDU are respongble forthe preparatwon of the annual accourrtr, you do consider thatthe audit requirement of section 142 of the Charities Att 2011 (the Art} 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 'Independerrt examination of charity accourts." Directions and guidance for examiner5 (CC32}" and to state whether any particular matters have come to my attention. Basis of examlnerfs port My examination was carried out in accordance wlth the Gurdance, cc32, given by the Charity commission. An examination includes a review of the accounting records kept by the charty and a comparison of the accounts presented with those record5. It a150 indudes consideration of any unusual item5 or disdosures in the accounts and seeking explanations concerning any suth matters. Based on my examination no matter has corne to my attention- which give5 me reasonable cause to believe that in any material re5pettthe requirernents". o to keep accounting records Tn accordance with the Charities Att. o to prepare accounts which accord with the accounting records and o to compty with the accounting requiremerrt5 of the Act have not been met, or to which, in my opinion. attention Should be drawn in orderto enable a proper understanding of the accounts to be reached. David NightInle 10 Barncroft, Tuniey Bedford, MK43 8DN 12thJuly 2024
YEAR ENDED31STDKEMBER 2023 20 Wethymaintenaftce ChatEe ShaR Income Sale of 5hares/ investsnents 114,126 2J66 11fi768 108.799 3372 Rental Income Bank Inter Othwlncome lindudingGuest Burlow) DOtionS 3.204 11,9fAI li 250 919 233.7n 127.033 PAYME15 BPHA Carelinkl Mobile 14Varden Repair5and Maintenan Salariesand staff costs CouAalTax EIriOty Gereral Expenses Insur3Ke Investsnents RefuTbishment-Bungalows Lyd5tep. Mairftenance & Martagern Fees SurveyorslSoliutor5 Fees WaterRates TOTALPAYMEKfs 117.625 3L134 29,209 L339 L923 9,742 1.475 10,661 145.rn 15.n6 4633 2,150 1326 1.651 14. 3.on 8&176 Balanat begtnningotyear Bafikb3lareatYear End Less un)resented cheques BaldnatYear End 148.263 178.906 148263 63.157 148263 CAF BankCurrefttAcrount CAF Bank Reserve Account 37.170 25387 63J57 34579 47.881 l(K).382 148263 Compfisingofr. GENERAL FUND CAprrALFUND 53914 6.172 141091 6.172 148263 6,In 63.157
2023 (£1 2022 1£) 2021 Bank Balan CAF Bank CurrentPMt CAF Bank Reser¥eAc(rArt Total 8ank Balan 37J70 34579 47181 25y7 25x6 IIYJ382 63.157 a]6 148263 ljnitsl shares CCLA lftve5tment ManagementLtd- CartUes 1Thent Fund AccumuktTh Units Inco Unrts 937 1471 231498 20611 29.] 26fi95 261.687 233x17 227362 30251 257fi13 Investsnent Fund INAACIFI Extraordinary Repair Fund- Irwme Extraordrnary ftep3 Fund. Accumykt Intome Units Re¢oupmentAcct)unt Income kcount 33745 30 29)J 225*ts 11)4926 196,fQ2 10.359 10,185 1083 121385 114290 28247 25371 24945 292351 375A22 IIS33 10,512 25,747 375An Shares Astra Zeneca 8P PLC GkxoSrnithKtine Maleon PLC HBOSI Uoyts 8anklngGroup Riofinto iio 37 740 926 11,6 17,840 10.731 1978 12340 18,174 10.638 31J31 193 11275 iiJ 54.687 55.566 9516 12,656 14064 205 9398 46,639 193 &.?25 SJ9.724 671A83 724.781 827387