FULBOURN ALMHOUSES FINANCIAL STATEMENTS FOR THE YEAREliDED 31ST DECEMBER 2023 cowrENTS AND CHARITY INFORMATION cOrENTs PAGE.. Trustees ADTAual ReF IndepaKleDt Examiners Retnrt Re¢eipts and Falellts Accounts Statement of As4ets and Liabilities Notes to the Financial Statements TRUSTEES: Ronald Ward James Stalley RithaTd TowDley Alice G(KKlmau LdordCll PRINCIPAL ADDRESS: 5 Ba]sh8m Road Futbourn Cawbrfftdge CB215BZ CHARITY NUMBER: 202325 INDEPENDENT EXAmER. Iall W Shipley FCCA For aTMI OD bebalf OF. Prentis & Co LLP & Ind¢FtTthnt Examitiers 115c Milton Road Cambridge CB4 IXB LNKED CHARITY: Ch11 for Inmat (20232&1)
FULBOURN ALMHOUSES PAGE I FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 TRUSTEES, ANNUAL REPORT The trustees present their report that had iwi PTepsred under the receipts andpayments b&sis in accordance with the Clwities Act 2011 and guidance issued by the Charity Commi$sithL STRUCTURE GOVEILYATriCE AND MA)AGEMENT The charity is aD unincOor2ted W constiled under a trust de dat¢d 1962. Govern is set out in the rules of th¢ charity. The management of Fulb0 AhDhouses is WMlffl*en by a Board of Trvst¢¢s of SevenMeneT5. Th¢ Board meets regularly and the Board agrees thc br(b2d strategy and rates of activity f(the th]sL includillg consideration of re5eTVeS and risk management policy and1e. The Board keeps utmler review the skill requirnents of the Tn It ¢Sure5 that in the event that a B0d member peTmallcntly retires or additional members att rtqured thatpotrntial BoaTd member5 WAII be able to contribut¢ toivard hieving the e]wity's objectives. Risk Mandgemellt.. The Inths have a risk management strategy whi¢h Con)pr. ' aD aTmua] review of risks the charity face.. the establishrnent of 5y5tcms and procedures to milig&te th0 risks identified ill the plan.. and th¢ ip1¢Mentation of pr(Kedures desigt)ed to minijwse any poteDtia] iuipact QD th¢ charity should those Ti5ks materialise. The reviews dLrAng the year iderrtified no 5ignifiwrt Tisks but where minor risks were identified pro¢edurc5 designed to minimise these have En implemented A kes eleTEKnt in th¢ manÈgement of financialrisk is the setting of a ttserves policy aud its regular reviewby trustce5. OWECTIVK& AciIvfiIES AND PUBLIC BKIYEFIT To provide Aimhouses for w people of g(M)d char8Cter wbo have been Tesid¢ot in the 8ncient pllsh of Fu]bown for not less than two ycars preceding the time of apFK)intinenL ACHtEVEMENTS AND PERFORMANCE FINANCIAL REVIEW The 5wplus for the yeaT arnount¢d to £19.795 (21r22: £8,6121 a5 sbowD on page 4. The trllgtees Consider the results reasonable in light of tsust activitie5. The 4ttached accounts have been prepared on a receipts a1 paJTnents basis fDll¢)wing thE guidance for accounting for smaller charities issued by the Charity comls510.
FULBOURN ALIAHOUSES PAGB 2 FINANCIAL STATEMENryS FOR THE YEAR ENDED 3 1ST DECEMBER 2023 TRUSTEES, ANNUAL REPORT...................CONr STATEMEIYT OF TRUSTEES RESPONSIBILrriES The trustees are rewnsible for pr¢paTill8 the Trustees. Report and the fnJaDcial Statern in accoTdancc wtth 4Jplicable law and Uniied Klljgdom Accounjing Standards. TThe law applicable to CIJJTIti ill Ell8land and Wales requires the trstees to prepare f]nan£ial stateentS for each finpnci#l year which give a true aDd fair view of the state of the affairs of the cbarity alld of inGomillg TeSOUTCCS aDd application of resour of the charity for that perio(L In PT¢pariDg thEse ftnancial slatements. the trustecs are required to: Select suitable accounting policies andthen aN)ly them consistelltty. Obscrve the methods and PTinciple5 of the Clthrities Act 2011. Make jUdge¢ts alld estitileS that are TeJson&ble and prlldenL Stst¢ whether applicable aceounting standards amd ststelDts of Tecommended practice have been followe subject to any departtres disclosed and explai[1 in the financial statements. Prepare the financia] statements on the going concuD basis utsltts it is inapwriats to PTesuEllE that the harity will continue in operatio (iv) (v) The Iruste¢s aTe rysponsli Jle for keeping proper accowiting record5 whtcb disclose with reasonable accuracy at 8my time. the financial position of ihe charity and io ¢Dable the to ensure that th¢ financia] stAtements compty witb th¢ Clharitie5 Act 2011. the Charity (Accounts aDd Report) Regukni1sn5 21MJ8. They aTe also responsible for safrguarding the &48ets of the charity pDd hcDce for taking rea50Dable steps for the prevention and deteclioD of fraud and other irregularities. The Named Trustee5 who wEte trustees forth¢ of cTrfftrity law and served dwing the year atml up to dwt¢ of this report w¢re & follows.. R Ward J Stalley R Townl¢y A Goodman L Norden D Thorn APPROVAL The TekN)rt w&$ approved by the Inwtces on 2nd signed on theirbohalf J STALIEY TRUSTEE
PAGE 3 FINANCIAL STATEMEhYS FOR THE YEAR ENDED 31ST DECEMBER 2023 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FULBOURN ALMSHOUSES I report to the trustees on my examinatsoD of the Unts of FuJb¢)urn Aiuthouses forth¢ Y ended 31 December 2023, wbich aye set out ou pages 4 to 6. RESPONSIBILrrIES AND BASIS OF REPORT As the charty trustees of the Trust you are responsible for the preparation of the acc4)wits iu awjrdance with the requirements of the Cbarities Act 2011 Ad"). I rewrt respect of examination of the (otts carried under $.145 of th¢ 2011 Act and in carrying out my xamination I bave followed 811 tbe applicable Direthions given by the CFLarity conllnOll under s.145(5Kb) of the 2011 Act. I have Complet rny examIllatio I confirni that no rna]1 nwteT5 have come to my attentioD ill ¢oDllettion with the exan)inatson giving me caus¢ to beli¢ve that ill anyMer11 rewL. -1 accoLWting records W¢Te not kept in rcstttt of the Trngt &$ required by s.130 of the Act. or .2 thc COUnts do not accord those records. I have no concerns 2nd have come across other ]JJatteT5 in CODTWtion with the examination to which attention &Ill1d be drawn in this JEPOrt in order to enable a pn)per understaTJdiDg of the accowts to b¢r¢ache<L IAN W SHtPLEY FCCA FOR ON BEHA[ OF; PREFMS & CO LLP CHARTERED ACCOLThTLNTS & 115¢ MiltOD Road Cambridge CB4 IXB -2f
FULBOURN ALMHOUSES PAGE 4 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEPdBER 2023 RECEIPT3 AND PAYMENTS ACCOUNTS 2023 2022 RECEIPTS Recelpts generated funds: Rents received 33,666 32,448 TOTAL RECEllYS 33,666 32,448 PAYMEvrs Charitable aetivitles Rates InsLfdnce R¢pairs and mallrtenxllce G8rdenin8 Subscriptions Alarn CleTk honorarium ¢xpew SuThJry expens&s TOTAL PAYMENTS 1.454 1,473 7,378 983 196 627 1.000 760 1,193 1.256 18,404 904 187 597 5(M) 795 13.871 23,836 NET RECEIprs 19,795 8,612 The Te¢¢ipts and pa)rynents KCQUllts iticlude all gains and losses Tecogui5ed in the y. All reIpts and payments derive from ¢ontinuiDg activities. The notes on page O fom part of these finaDcial strtcellts.
FULBOURN ALMHOUSES PAGE 5 FtNANCIAL STATEMENTS FOR THE YEARENDED 31ST DECEMBER 2023 STATEMENI OF ASSETS AND LIABILITIES 2023 2022 CASH FUNDS Cash llt bank 103,751 83,956 83.956 TOTAL CASH FUNDS 103,751 These fujancial statements were approved by the Trustees on and signed on its beha]f. Zo2<F J STALLEY TRUSTEE
FUiBOURN ALMHOUSES PAGE 6 FNANCIAL STATEMENTS FOR T7IE YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE FINANCIAL STATEMENTS ACCOUNTING POUCIES (a) BASIS OF PREPARATIOli OF FINANCIAL STATEMENTS The financial statements have be¢D PT¢p8r¢d under the receipts and payments basis in arcordanGB with the CharitiES Act 2011 alld guidat)ce issued by the Charity CoryuDission. Fulbourn AIMho&¥ nets the definition of pub]ic benefit enlity. (b) RECEIprs All receipts &re recogDised in the receipts aDd payts acwuryts on a c&%hbasis. (c) PAYMEKrs All pay]n¢Dts are aGCOUttted for on a cash basis.