THE HOSPITALOF sr JOHN. HEYIESBURY TRUSTEES. ANNUAL REPORT Year Ended 31# Marth 2024 PARnCULARS Th• Charlty was found•d In 1449: it was end In 1472 and Is rw governed by a Scheme of thè Charlty CommSsslon dated 5th JanuJry'1989. amended cn 8th June 2018. Tn*t•4s holdln8 office durfn8 the year andlor before the date of thls report were: Revd Canon Edward Probert (ex offlckn) ftevd Robln N Hun8erford lex offldo) Mrs Christine L Sltwell {ex offlclo) Mr Tlmotlry A Etchells lthaiman of Trustees) Mr Jonathan Wansey Ivlce Chalrman of Tru5tee51 Mrs Amanda Chee Mrs Sue Nevllle Mr aive Glbson Mr RSthard Blandy Colonel P V Budd QBE (Admlnlstrator) Prlndpl Ad&ess". Heytesbury. Wam)Inster, Wlltshtre BA12 OHW Bank•rn: Uryds Bank PLG Warmlnster CCL4 Berkeley Hall Marshall Umlted. 6 Charlotte Street, Bath
08JECTIVE The objective of the Trustee5 is to admlnister and manage the property of the trArity in accordance WFth the Scheme of the Charity Commission, to provide accommodatlon and 5ervlces for people In need such as to alluw them to Ilve independently in a carlng envlronment. ORGAt4lSATION The affairs of the Charfty are detem)Ined bythe Trustees, who recelve t)0 remuneratlon. The ex-officlo Trustees are nominated by the Scheme of January 1989 as amended In June 2018. The CO•OPted Trustees a local competent persons each appointed for a &year term by a resolutlon of the Trustees passed at a speual meeting. The Trustees hold quarterly Ordinary meetings, and to allow for the contlnuous cfjndt of activttles between Ordlnary meetlngs. the Trustees appolnt eath year, commlttees from thelr number to deal with Flnance. Malntenance and Insuran, and House matters. These commlttees mty CO¥OPt members of staff of the CharFty as appmprlate. The commlttees rewt to the Ordinary meetlng of the Trustees e8ch quarterfor c¢)ntlrm•tlofi irfthelr Ktlons •nd rt¢ornrnend•tlon5. The Charlty ernploys followlng staff: Admlnlstrator House 5upervlsor Site Supervlsor thaplaln Two Domestlc aeaners (part-time. non-resident) ffiill-tlm¢ resldent) (fvll-time. resldent) (part.time, non.resldentJ (port-tlm¢ noTrreslden The AdmlnI5trator1s respon51ble tothe Chalrnian and the other Trustees. All ottrw Staff, apart from the Chaplaln, are responslble to the AdmlnlstTator and through hlm to the Trustee$. The Chaplaln ts adrnlnlsted by the Admlnlstrator and rece1¥ Splrftual support through a nominated Trntee, currendy Revd Robln Hungerford. The Admlnlstrator nducts all the day-tfrday ISIneSS of the Charlty Includlng the flnanctal attounts and handllng new applicatlons for residence. Applicants must be over 50 years of a8e, In need, and of 8ood standln8. Prkrlty Is then 8lven to Inhabltants of Heytesbury and Its surroundln8 •reJ. The trustees he In¢rea5ed the minimum entry age to 60 durln8 the year and awatt conflnnatlon of thls than8e to the Stheme from the tharlty C¢>mmSsslon. The House Supervlsor Is on dorty from 8 arn to 5 Monday to Frlday. At all other tlmes. there Is no emergenrycover forthe resldents. they are requlred to dlal 999 forass15tance, The Charlty does not pro¥lde any Nwsln8 or Medkal Ca. The Sitè Suporvlsor keeps tho 8round# In ordèr and monitors seeurlty on the slte. They operate the h&itln8 and hot water systernsand cany out maintenance tasks. The deaners care for the common areas of the propwty Indudlng the Resident< Hall. Chapel and guest fiat. The Chèwaln condurts re8ular r¥ices In tt* Charws thapel and provldes pastoral care to the residents. A Lay preacher conducts some ser¥lces.
The Reverend Robin Hun8erford remalned an ex-officio Tfustee representlng the ChanlIOr of the Cathedral Church of Sa115bury. The posttlon of ex-offluo Trustee filled by the Rector to the Ecclesla5tital Parlsh of Heytesbury with Tytherington and KrK)ok 15 currently vacant due ot the interre8num. Mrs Chrtstlne L Sltwell was appolnted as an ex-ofFicio Trustee representing the parlsh of Hey(esbury wlth Tytherln8ton and Knook on 9th March 2020. Mrs Amand Chee51ey was appolnted as a ctropted Trustee also on 9th Marth 2020. Mr Jonathan Wansev was appointed as a co-opted Tn&stee on 7tr1 De¢ember 2020 and Is Vlce Chalmian of Trustees and Chalrof the House Commlttee. Mrs Sue Nevllle w45 appolnted In l)ecember 2021. Mr aive Glbson In Marth 2022 Mr Rlchard Blath was appolnted In July 2022. PROPERTY The Hospftal Is located In the vlhage of Heyiesbury on a site of approximately two acres. There are 37 units of accommodatlon In total of whlth two are allocated as a resldence for the site Supervlsof and House Super¥lsor, one 15 Set aslde as a Guest fiat for use of Resldents, vlsitors and one as the Olfke forthe Admlnlstrator. Of the 33 Almshouses, some are for sln8le o¢¢upancii S¢)me are gjltable for sln8le or double and some are exduslvety for double (Kcupancy. The accommodatlon Is contalned In severnl bulldinss ran8ing from a Georglan Grade 2 Usted bulldlng to block5 of fiats and bungal¢)ws constnthd between 1970 and 1976. In addltlon, there Is a Chapel, a ResidenW Hall with a kitthen for eommunal use and laundry for use by all Residents. REVIEW OF AcnvmE5 At the start of the year. there were no vacant dwelllngs. One property was refurblshed. RÈsldent numbers were 43 at the start and 42 at the end of the perkxl. A steady flow of •nqulrles, leadSng to app11catio rewlted In an o¢¢upancy rate durfng the year of 98% belnR athleved. The tharltys pollry Is to malntalft the AIMSU$es at stsndards appropriate to todarf5 ewertatlons and durlngthe yeartwo propertles were completely renovated. The staff house No. 28 was reoccupled wlth the arrfval of the new Ste Superrfisor M5 Karen Ri88s who took up the appolntment In August 2023. The re51dent staff contlnue to wwktlrelesslyto ensure the safety and securty ofthe residents, rnalntalnlng a dean en1(rnent In the cornmunal areas and lia15ing with others for the provlslon of shoppinL prescripti(Jns and a host of other needs. The Patronal Festival marked Stjohn's $51°year and took place on 23 June wlth our Patron Lord Heytesbury in attendance. The Carol Servtce In December 2023 saw the retum of the lo¢al school tholr and was a Joyous occa51on followed by a well-attended IdentS, and trustees, tea. Other seasonal actmtles suth as the pre$dl nativity play performed Sn the Hall were also SueSSfUl St. John's sets rAJt to offer Independent IMn8 In • supported en¥lronmenL encouragin8 residents to help one another and join together in artivities tfthey wish. The Sociol Commlttee has expanded its programme but we are not yet back to prfrcovid levels of artlvltv
Regrettably, the trusteesfelt tt necessaryto set asldethe lInce of one elderly resident durlng the year and they went to some len8ths to ease her transfer to a dwelling elsewhere. The trustees were nrt In a wition to rnake all the facts behind thelr set-aslde decisions publlc. whith resulted in a voclferousfew having lessthanthe fullfacts ofthecasewhen they engaged on the resldert'5 behalf. STAFF Colonel Paul B(xkl has contlnued In post as Admlstrator Mr Michael Mee rtlred as Slte Supervisor In Au8ltst 2023 after some 20 years of dedkated servlce, He was replaced by Ms Karen Rlggs ¥rt has settled In ¥MII. Mr and Mrs Mee become residents of St John'& Mrs Helen Johnson contlnues as an outstsndlng House Super¥lsor The Reverend Caln Robert Dennis left •fter 6 months for farnlly reasons and we have recrulted a lay Chaplaln Carnllne McKlnnell who Is studyln8 for her Deacanty. Carollne Is bulldln8 a strong pastoral relatlonshlp wlth $[dents and we are makln8 altematlve ¥rran8?ments for ¢ommunlon ser SPEaAL RE5TRiclloNS The Scheme of the Charty Commlssloners 8¢)verns the Charlty Imposes certaln restrfttlons whlth Impact the organlsatlon and operation of the Charlty. Trrtse incIle that resldents must be at least 50 years old and those re$4dents must r#)t be absent for more thin 42 nights in any year. In practlce, It w(¥Jld be In exceptk¥nal cases that appllcants under fA) would tt)nsidered for resldency. RISK MANAGEMENr The Trustees have examlned the rnajor stratsw¢ bune$S and operatlonal flsks that the Charlty fèces and conflrni that systems have been estsbllshed to enable regular reports to bè produced so that the necessary steps can be taken to lessen these risks. CAPITAL FUND5 and RESERVE5 POUCY The total walue of the Capital and Reserve fijnds on311t Marth 2024 amounted to £3,246,Hl The Cy¢li¢al Maintenance Fund {CMF} was consclldated Into the Extraordlnary Repalr Fund durln8 the year. The Extraordlnary Repalr Fund (ERFI Is a Desiyed Reserve Fund for future maj expendltures. The Buildlng and Reno¥atlon Fund was ¢or6olldated Intothe Extraordlnary Repalr Fund during the year. The General Reserve Fund ts an UnrestTi Fund and is used for the day-ttrday 5ncome and expenditure incurred in the operation ofthe Hospitsl.
The reseNes policy and k8-teI flnanoal strategy are to ensureihat St John's has adequate reserves to meet any requirement thirfn8 finandally thallen8lng periods. The CMF and the Bulldlng and Renovation Fund are all desl8nated funds.. INVESTMENTS The Charws Investments are held as Cornmon Investment Funds ICOIFI with CCLA Investment Mana8ernent The market value of Investments with CCLA stood at £2,768,596 on 31 March 2024 (2023- £2.484,8741. INCOME and EXPENofwRE The CharitVs income during the year arnted to £336.616 and was derived as to £65.128 from interest earned by the investmt portfollo and as to £2S8,988 from monles provlded by the resldents of the Almshwse unlts by way of weekly malntenance charBes, other contrlbutlons for water. heatlng. sewage and small charges for 8arages and other Incldental Income, totalllng £125. There We no fundfaisin8 activities. Expendlture amounted to £440,800, all related to the runnin8 of the Charity. The prlncipal asset ol the Charlty. apart from its irNestment portfollo, Is its freehold property conststlng of Its bu51dln8s and slte at Hery. The book value of the property remalned £312,232. The slte Is entlrely used for Almshouse purposes. There are no Investment propertle& The bulldln8S the slte are currently Insured for a totsl of £10,246,375. FINANCIAL posmoN The tharftrfs financlal posltTon ts SOUTKI and all Funds are adewate to meet any foreseeable demands that May be made on them. A Qulnquennlal srveY took place In the Summer of 2022 and has Identffled the I- year needs major malntenance work5. To meet the addltlonal expendlture funds from the ERF were drawn arKI the majorfty of thls Is now commltted. There are no 518nlflcant financial obll8atlons outstandln8. The Charlty Is not dependent at all upon the sUPPOrt of •ny Indmduals, corporatlons or classes of donors. The valuation of Invested assets with caA at the end of the flnaTKlal year has resulted In 3n improved balance sheet. No unusual flnandal events or chan8e5 In the asset base have taken place between the balante sheet date 8nd the date of thls repo Approved ..and slgned on thelr behalf by: T A Etrhe515 Chalrman of Tru
Independent Examinerf$ Reportto the TnMt* of The Ilosthl ol StJ¢>kn. Heytthry I report to the d)arrty trustees on my examlnatkn of the accounts of the tharity for the year ended 31 March 2024 which are set out pages 7 to 13. Responslbilltl•s and b•sk of rewt As the tharttylstrustees you are responslble ftythe weparatlon of the aCCnts In accordance wth the requlrements of the Chèritie5 Act 2011 ('the Actr). I report In respert of my examlnatlon of the charws accounts c8rrled out under 5ectlon 145 of the Act and in carrying out my eMInatM I have folkmed all the applicable Dlrectkjns glven by the Charity Commlsslon under sertlon 145{51(bl of the ACL Independent examlner's statem Slnce the charlV$ gross Income exceeded £250XKX) ¢x•mlner must be a member of body listed sn sertlon 145 of the ACL I conftrm that l am qualffied to undertake the examinatSon because l am a member of the Injtltute ofChJrtered Accountsnts In En8land and Wales, which Is one of the Ilsted bodlek I have completed my examlnatbon. I conflrm that no mateflal matters have come to rny ?ttentlon In connertlw wlth the examlnatlon me uuse to belleve that In any materf41 respect: l. accountlng records were not kept In respert of the charity as requlred by s@rtSon 130 of the Art; or the accounts do not ac£ord wlth those recordsL' or 3. the accounts do not cornply wlth the applkable requlrements ncernIng the form and content of accounts set out In the CharltSes (Accounts and Reports) Regulatlons 2(K18 other than any requlremenl that the accounts th a 'true arnl falr whlch ts n(rt matter consldered as part of an indepetht examinatlon. I have no coneern5 and have come across no other matters In connection wlth the examinatlon to whlch attentlon should be drawn In thls rewt In order to enable a proper understanding of the aeeounts to be reached. MIU i/,, k020fr Matthew Small FCA Berkeley Hall Marshall Umited 6 Charlotte Street Bath BAI 2NE
fvr Ihe 315t V4rth 2C24 Totsl 2023 Fwds FwJB 2024 W.32• 63,264 12,000 86,128 86.128 Toll 41&248 24SS4 307,lJQJ 21.116 388,919 Tolql 440,800 ¢•rn• (•xp•ndltsiTrl (tK1041 14 nH1•4} 1104,1141 119,2261 10 1109A991 1TT,71• 171.719 1178.1261 17 312232 JW.722 3347J47 T¢*1 14 31Z 32
8•lane• 8l•t at31•t IAvch Z014 2024 Flx•d w•ts Land end Building• Invothentj 311232 J12332 1414J74 10 2,797.100 Debtors Cash at bank & wi hand 11 1T.762 1BII82 154,971 1.944 274,231 Cr•dllOrn: •mouni• tslllry (k whNn on• y•Ar 12 2,02• N•t euff•rt ••••t• I Il•blllll•• 1•411J 271,811 Tolal n•t •••ts 13 1248.441 3.06B,72Z Fund• C•pltsl knd8 Re8trkled luNIi Unrestricted funds Deslgnaled fundB 14 14 J12232 312.232 14 14 2J90 Tolal fimdl 41 3.1181,722 Stsnd8nl for Smal•f lth¢llv• 20081 ApFxo¥ed by T. Etchells Charrn ofthe Trustees PaBtr 8
lThy 1•0 137,732 Ix. 11 141J41 VJ 41 2Ji P4• 10
13264 J1• 7.(W 005 I16 x411 fftJ24)
eT.417 £lQ.W,a7 io •J Fw 3112 1761,691 143111 31
$112JY 311212 )1233Z 314#2 U7 2 674 300
THE HOSPITALOF sr JOHN. HEYIESBURY TRUSTEES. ANNUAL REPORT Year Ended 31# Marth 2024 PARnCULARS Th• Charlty was found•d In 1449: it was end In 1472 and Is rw governed by a Scheme of thè Charlty CommSsslon dated 5th JanuJry'1989. amended cn 8th June 2018. Tn*t•4s holdln8 office durfn8 the year andlor before the date of thls report were: Revd Canon Edward Probert (ex offlckn) ftevd Robln N Hun8erford lex offldo) Mrs Christine L Sltwell {ex offlclo) Mr Tlmotlry A Etchells lthaiman of Trustees) Mr Jonathan Wansey Ivlce Chalrman of Tru5tee51 Mrs Amanda Chee Mrs Sue Nevllle Mr aive Glbson Mr RSthard Blandy Colonel P V Budd QBE (Admlnlstrator) Prlndpl Ad&ess". Heytesbury. Wam)Inster, Wlltshtre BA12 OHW Bank•rn: Uryds Bank PLG Warmlnster CCL4 Berkeley Hall Marshall Umlted. 6 Charlotte Street, Bath
08JECTIVE The objective of the Trustee5 is to admlnister and manage the property of the trArity in accordance WFth the Scheme of the Charity Commission, to provide accommodatlon and 5ervlces for people In need such as to alluw them to Ilve independently in a carlng envlronment. ORGAt4lSATION The affairs of the Charfty are detem)Ined bythe Trustees, who recelve t)0 remuneratlon. The ex-officlo Trustees are nominated by the Scheme of January 1989 as amended In June 2018. The CO•OPted Trustees a local competent persons each appointed for a &year term by a resolutlon of the Trustees passed at a speual meeting. The Trustees hold quarterly Ordinary meetings, and to allow for the contlnuous cfjndt of activttles between Ordlnary meetlngs. the Trustees appolnt eath year, commlttees from thelr number to deal with Flnance. Malntenance and Insuran, and House matters. These commlttees mty CO¥OPt members of staff of the CharFty as appmprlate. The commlttees rewt to the Ordinary meetlng of the Trustees e8ch quarterfor c¢)ntlrm•tlofi irfthelr Ktlons •nd rt¢ornrnend•tlon5. The Charlty ernploys followlng staff: Admlnlstrator House 5upervlsor Site Supervlsor thaplaln Two Domestlc aeaners (part-time. non-resident) ffiill-tlm¢ resldent) (fvll-time. resldent) (part.time, non.resldentJ (port-tlm¢ noTrreslden The AdmlnI5trator1s respon51ble tothe Chalrnian and the other Trustees. All ottrw Staff, apart from the Chaplaln, are responslble to the AdmlnlstTator and through hlm to the Trustee$. The Chaplaln ts adrnlnlsted by the Admlnlstrator and rece1¥ Splrftual support through a nominated Trntee, currendy Revd Robln Hungerford. The Admlnlstrator nducts all the day-tfrday ISIneSS of the Charlty Includlng the flnanctal attounts and handllng new applicatlons for residence. Applicants must be over 50 years of a8e, In need, and of 8ood standln8. Prkrlty Is then 8lven to Inhabltants of Heytesbury and Its surroundln8 •reJ. The trustees he In¢rea5ed the minimum entry age to 60 durln8 the year and awatt conflnnatlon of thls than8e to the Stheme from the tharlty C¢>mmSsslon. The House Supervlsor Is on dorty from 8 arn to 5 Monday to Frlday. At all other tlmes. there Is no emergenrycover forthe resldents. they are requlred to dlal 999 forass15tance, The Charlty does not pro¥lde any Nwsln8 or Medkal Ca. The Sitè Suporvlsor keeps tho 8round# In ordèr and monitors seeurlty on the slte. They operate the h&itln8 and hot water systernsand cany out maintenance tasks. The deaners care for the common areas of the propwty Indudlng the Resident< Hall. Chapel and guest fiat. The Chèwaln condurts re8ular r¥ices In tt* Charws thapel and provldes pastoral care to the residents. A Lay preacher conducts some ser¥lces.
The Reverend Robin Hun8erford remalned an ex-officio Tfustee representlng the ChanlIOr of the Cathedral Church of Sa115bury. The posttlon of ex-offluo Trustee filled by the Rector to the Ecclesla5tital Parlsh of Heytesbury with Tytherington and KrK)ok 15 currently vacant due ot the interre8num. Mrs Chrtstlne L Sltwell was appolnted as an ex-ofFicio Trustee representing the parlsh of Hey(esbury wlth Tytherln8ton and Knook on 9th March 2020. Mrs Amand Chee51ey was appolnted as a ctropted Trustee also on 9th Marth 2020. Mr Jonathan Wansev was appointed as a co-opted Tn&stee on 7tr1 De¢ember 2020 and Is Vlce Chalmian of Trustees and Chalrof the House Commlttee. Mrs Sue Nevllle w45 appolnted In l)ecember 2021. Mr aive Glbson In Marth 2022 Mr Rlchard Blath was appolnted In July 2022. PROPERTY The Hospftal Is located In the vlhage of Heyiesbury on a site of approximately two acres. There are 37 units of accommodatlon In total of whlth two are allocated as a resldence for the site Supervlsof and House Super¥lsor, one 15 Set aslde as a Guest fiat for use of Resldents, vlsitors and one as the Olfke forthe Admlnlstrator. Of the 33 Almshouses, some are for sln8le o¢¢upancii S¢)me are gjltable for sln8le or double and some are exduslvety for double (Kcupancy. The accommodatlon Is contalned In severnl bulldinss ran8ing from a Georglan Grade 2 Usted bulldlng to block5 of fiats and bungal¢)ws constnthd between 1970 and 1976. In addltlon, there Is a Chapel, a ResidenW Hall with a kitthen for eommunal use and laundry for use by all Residents. REVIEW OF AcnvmE5 At the start of the year. there were no vacant dwelllngs. One property was refurblshed. RÈsldent numbers were 43 at the start and 42 at the end of the perkxl. A steady flow of •nqulrles, leadSng to app11catio rewlted In an o¢¢upancy rate durfng the year of 98% belnR athleved. The tharltys pollry Is to malntalft the AIMSU$es at stsndards appropriate to todarf5 ewertatlons and durlngthe yeartwo propertles were completely renovated. The staff house No. 28 was reoccupled wlth the arrfval of the new Ste Superrfisor M5 Karen Ri88s who took up the appolntment In August 2023. The re51dent staff contlnue to wwktlrelesslyto ensure the safety and securty ofthe residents, rnalntalnlng a dean en1(rnent In the cornmunal areas and lia15ing with others for the provlslon of shoppinL prescripti(Jns and a host of other needs. The Patronal Festival marked Stjohn's $51°year and took place on 23 June wlth our Patron Lord Heytesbury in attendance. The Carol Servtce In December 2023 saw the retum of the lo¢al school tholr and was a Joyous occa51on followed by a well-attended IdentS, and trustees, tea. Other seasonal actmtles suth as the pre$dl nativity play performed Sn the Hall were also SueSSfUl St. John's sets rAJt to offer Independent IMn8 In • supported en¥lronmenL encouragin8 residents to help one another and join together in artivities tfthey wish. The Sociol Commlttee has expanded its programme but we are not yet back to prfrcovid levels of artlvltv
Regrettably, the trusteesfelt tt necessaryto set asldethe lInce of one elderly resident durlng the year and they went to some len8ths to ease her transfer to a dwelling elsewhere. The trustees were nrt In a wition to rnake all the facts behind thelr set-aslde decisions publlc. whith resulted in a voclferousfew having lessthanthe fullfacts ofthecasewhen they engaged on the resldert'5 behalf. STAFF Colonel Paul B(xkl has contlnued In post as Admlstrator Mr Michael Mee rtlred as Slte Supervisor In Au8ltst 2023 after some 20 years of dedkated servlce, He was replaced by Ms Karen Rlggs ¥rt has settled In ¥MII. Mr and Mrs Mee become residents of St John'& Mrs Helen Johnson contlnues as an outstsndlng House Super¥lsor The Reverend Caln Robert Dennis left •fter 6 months for farnlly reasons and we have recrulted a lay Chaplaln Carnllne McKlnnell who Is studyln8 for her Deacanty. Carollne Is bulldln8 a strong pastoral relatlonshlp wlth $[dents and we are makln8 altematlve ¥rran8?ments for ¢ommunlon ser SPEaAL RE5TRiclloNS The Scheme of the Charty Commlssloners 8¢)verns the Charlty Imposes certaln restrfttlons whlth Impact the organlsatlon and operation of the Charlty. Trrtse incIle that resldents must be at least 50 years old and those re$4dents must r#)t be absent for more thin 42 nights in any year. In practlce, It w(¥Jld be In exceptk¥nal cases that appllcants under fA) would tt)nsidered for resldency. RISK MANAGEMENr The Trustees have examlned the rnajor stratsw¢ bune$S and operatlonal flsks that the Charlty fèces and conflrni that systems have been estsbllshed to enable regular reports to bè produced so that the necessary steps can be taken to lessen these risks. CAPITAL FUND5 and RESERVE5 POUCY The total walue of the Capital and Reserve fijnds on311t Marth 2024 amounted to £3,246,Hl The Cy¢li¢al Maintenance Fund {CMF} was consclldated Into the Extraordlnary Repalr Fund durln8 the year. The Extraordlnary Repalr Fund (ERFI Is a Desiyed Reserve Fund for future maj expendltures. The Buildlng and Reno¥atlon Fund was ¢or6olldated Intothe Extraordlnary Repalr Fund during the year. The General Reserve Fund ts an UnrestTi Fund and is used for the day-ttrday 5ncome and expenditure incurred in the operation ofthe Hospitsl.
The reseNes policy and k8-teI flnanoal strategy are to ensureihat St John's has adequate reserves to meet any requirement thirfn8 finandally thallen8lng periods. The CMF and the Bulldlng and Renovation Fund are all desl8nated funds.. INVESTMENTS The Charws Investments are held as Cornmon Investment Funds ICOIFI with CCLA Investment Mana8ernent The market value of Investments with CCLA stood at £2,768,596 on 31 March 2024 (2023- £2.484,8741. INCOME and EXPENofwRE The CharitVs income during the year arnted to £336.616 and was derived as to £65.128 from interest earned by the investmt portfollo and as to £2S8,988 from monles provlded by the resldents of the Almshwse unlts by way of weekly malntenance charBes, other contrlbutlons for water. heatlng. sewage and small charges for 8arages and other Incldental Income, totalllng £125. There We no fundfaisin8 activities. Expendlture amounted to £440,800, all related to the runnin8 of the Charity. The prlncipal asset ol the Charlty. apart from its irNestment portfollo, Is its freehold property conststlng of Its bu51dln8s and slte at Hery. The book value of the property remalned £312,232. The slte Is entlrely used for Almshouse purposes. There are no Investment propertle& The bulldln8S the slte are currently Insured for a totsl of £10,246,375. FINANCIAL posmoN The tharftrfs financlal posltTon ts SOUTKI and all Funds are adewate to meet any foreseeable demands that May be made on them. A Qulnquennlal srveY took place In the Summer of 2022 and has Identffled the I- year needs major malntenance work5. To meet the addltlonal expendlture funds from the ERF were drawn arKI the majorfty of thls Is now commltted. There are no 518nlflcant financial obll8atlons outstandln8. The Charlty Is not dependent at all upon the sUPPOrt of •ny Indmduals, corporatlons or classes of donors. The valuation of Invested assets with caA at the end of the flnaTKlal year has resulted In 3n improved balance sheet. No unusual flnandal events or chan8e5 In the asset base have taken place between the balante sheet date 8nd the date of thls repo Approved ..and slgned on thelr behalf by: T A Etrhe515 Chalrman of Tru
Independent Examinerf$ Reportto the TnMt* of The Ilosthl ol StJ¢>kn. Heytthry I report to the d)arrty trustees on my examlnatkn of the accounts of the tharity for the year ended 31 March 2024 which are set out pages 7 to 13. Responslbilltl•s and b•sk of rewt As the tharttylstrustees you are responslble ftythe weparatlon of the aCCnts In accordance wth the requlrements of the Chèritie5 Act 2011 ('the Actr). I report In respert of my examlnatlon of the charws accounts c8rrled out under 5ectlon 145 of the Act and in carrying out my eMInatM I have folkmed all the applicable Dlrectkjns glven by the Charity Commlsslon under sertlon 145{51(bl of the ACL Independent examlner's statem Slnce the charlV$ gross Income exceeded £250XKX) ¢x•mlner must be a member of body listed sn sertlon 145 of the ACL I conftrm that l am qualffied to undertake the examinatSon because l am a member of the Injtltute ofChJrtered Accountsnts In En8land and Wales, which Is one of the Ilsted bodlek I have completed my examlnatbon. I conflrm that no mateflal matters have come to rny ?ttentlon In connertlw wlth the examlnatlon me uuse to belleve that In any materf41 respect: l. accountlng records were not kept In respert of the charity as requlred by s@rtSon 130 of the Art; or the accounts do not ac£ord wlth those recordsL' or 3. the accounts do not cornply wlth the applkable requlrements ncernIng the form and content of accounts set out In the CharltSes (Accounts and Reports) Regulatlons 2(K18 other than any requlremenl that the accounts th a 'true arnl falr whlch ts n(rt matter consldered as part of an indepetht examinatlon. I have no coneern5 and have come across no other matters In connection wlth the examinatlon to whlch attentlon should be drawn In thls rewt In order to enable a proper understanding of the aeeounts to be reached. MIU i/,, k020fr Matthew Small FCA Berkeley Hall Marshall Umited 6 Charlotte Street Bath BAI 2NE
fvr Ihe 315t V4rth 2C24 Totsl 2023 Fwds FwJB 2024 W.32• 63,264 12,000 86,128 86.128 Toll 41&248 24SS4 307,lJQJ 21.116 388,919 Tolql 440,800 ¢•rn• (•xp•ndltsiTrl (tK1041 14 nH1•4} 1104,1141 119,2261 10 1109A991 1TT,71• 171.719 1178.1261 17 312232 JW.722 3347J47 T¢*1 14 31Z 32
8•lane• 8l•t at31•t IAvch Z014 2024 Flx•d w•ts Land end Building• Invothentj 311232 J12332 1414J74 10 2,797.100 Debtors Cash at bank & wi hand 11 1T.762 1BII82 154,971 1.944 274,231 Cr•dllOrn: •mouni• tslllry (k whNn on• y•Ar 12 2,02• N•t euff•rt ••••t• I Il•blllll•• 1•411J 271,811 Tolal n•t •••ts 13 1248.441 3.06B,72Z Fund• C•pltsl knd8 Re8trkled luNIi Unrestricted funds Deslgnaled fundB 14 14 J12232 312.232 14 14 2J90 Tolal fimdl 41 3.1181,722 Stsnd8nl for Smal•f lth¢llv• 20081 ApFxo¥ed by T. Etchells Charrn ofthe Trustees PaBtr 8
lThy 1•0 137,732 Ix. 11 141J41 VJ 41 2Ji P4• 10
13264 J1• 7.(W 005 I16 x411 fftJ24)
eT.417 £lQ.W,a7 io •J Fw 3112 1761,691 143111 31
$112JY 311212 )1233Z 314#2 U7 2 674 300