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 SC*M￿ 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 prOt￿ty and dividends re￿iVed
from the charitys inwEstment portfollo.
The Tntstees meet no lessthan sixttff*s 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 inVeSt￿t 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
V￿dOW replacemerFt pr￿￿arnMe. 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
eXper￿e5. 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 r￿ard 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,
Reve￿nd 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 NightIn￿le
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 Bur￿low)
DO￿tionS
3.204
11,9fAI
li
250
919
233.7n
127.033
PAYME1￿5
BPHA Carelinkl Mobile 14Varden
Repair5and Maintenan
Salariesand staff costs
CouAalTax
EI￿riOty
Ger*eral 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
Balan￿at begtnningotyear
Bafikb3lar￿eatYear End
Less un*)resented cheques
Baldn￿atYear 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 CurrentPM￿￿t
CAF Bank Reser¥eAc(rArt
Total 8ank Balan
37J70 34579
47181
25y7 25x6 IIYJ382
63.157 a]￿6 148263
ljnitsl
shares
CCLA lftve5tment ManagementLtd- C*artUes 1Th￿ent Fund
Accumukt￿Th Units
Inco￿* Unrts
937
1471
231498 206￿11
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
3￿7
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