2021-03-31-accounts - Quadrant Almshouses

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees' Annual Report for the period

Period start date Period end date 1 April 2020 31st March 2021

From

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 202879

Quadrant Almshouses

Charity's principal address 43 Jubilee Road Fordingbridge Hampshire Postcode SP6 1DP

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee(if any)
William Dow	Chairman
Malcolm Connolly		Fordingbridge Town Council
SallyCrook
Sue Fuller
Claire O’Brien

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

30[th] April 2021

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

Trust Deed

(eg. trust deed, constitution)

How the charity is constituted

Trust

(eg. trust, association, company)

Appointed by Trust & Town Council Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
trustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

The object of the charity shall be to relieve either generally or individually persons resident in the parishes of Fordingbridge, Godshill, Hyde and Sandleheath who are in conditions of need, hardship or distress

30[th] April 2021

TAR

To provide almshouse accommodation to those already in rented accommodation and over the age of 65 years of age

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

30[th] April 2021

TAR

Section D Achievements and performance

To continue to maintain the almshouses through either electrical or Summary of the main plumbing requirements during the year. achievements of the charity To maintain the exterior of the almshouses where necessary by replacing during the year faulty UPVC windows, rotten woodwork, & general maintenance items. To continue to maintain the communal garden with grass cutting and general garden care. At Christmas 2020 one resident moved into a nursing home so the entire almshouse was redecorated, and electrical inspection carried out. In early 2021 one resident moved from an upstair almshouse into this redecorated almshouse. In December 2020 one resident died after having occupied the almshouse for seventeen years. This person had been a smoker so extensive work had to be carried out to the almshouse before redecoration. Complete electrical inspection, new storage heaters, and new cupboard fronts to kitchen. This almshouse has not been re-let at time of writing.

In March 2021 work commenced on the complete overhaul of the roof.

30[th] April 2021

TAR

Section E Financial review

The main reserves are held in a building society soon to be changed as Brief statement of the the building society account is to be closed charity’s policy on reserves General day to day requirements are in a bank account

Details of any funds materially in deficit

No funds in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

H. P. Tague

Full name(s) Helen Patricia Tague Position (eg Secretary, Chair, Clerk to the Trustees etc) Date 30th April 2021

30[th] April 2021

TAR

----- Start of picture text -----
Charity Name No (if any)
Quadrant Almshouses 202879
Receipts and payments accounts
For the period Period start date Period end date
To
from 1st April 2020 31st March 2021
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
42,524 - - 42,524
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
42,524 - - 42,524
Sub total (Gross income for AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - -
Sub total - - - -
Total receipts 42,524 - - 42,524
A3 Payments
30,897 - - 30,897
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
Sub total [ 30,897 ] - - 30,897
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - -
Total payments 30,897 - - 30,897
Net of receipts/(payments) 11,627 - - 11,627
A5 Transfers between funds - - - -
A6 Cash funds last year end - - - -
Cash funds this year end 11,627 - - 11,627
----- End of picture text -----

Section B Statement of assets and liabilities at the end of the period

			Unrestricted		Restricted
Categories	Details		funds		funds
B1 Cash funds		*Total cash funds*	to nearest £ 11,627 - - 11,627		to nearest £ - - - -
	(agree balances with receipts and payments account(s))		OK	OK
			Unrestricted		Restricted
			funds		funds
B2 Other monetary assets	Details Nationwide	Building Society	to nearest £ 131,841 - - - - -		to nearest £ - - - - - -
B3 Investment assets	Details		Fund to which asset belongs	Cost (optional) - - - - -
B4 Assets retained for the	Details		Fund to which asset belongs	Cost (optional) -
charity’s own use					- - - - - - - -
			Fund to which		Amount due
B5 Liabilities	Details		liability relates		- - - - - (optional)
Signed by one or two trustees on behalf of all the trustees		Signature	Print	Name
	W. H. Dow		Mr. W	H Dow

----- Start of picture text -----
CC16a
----- End of picture text -----

Last year

to the nearest £

43,446 - - - - - - - 43,446

43,446

21,197 - - - - - - - - 21,197

21,197 22,249 - - 22,249

Endowment funds

to nearest £ - - - -

Endowment funds to nearest £ - - - - - -

Current value (optional) - - - - -

Current value (optional) - - - - - - - - - When due (optional)

Date of approval

15.10.21

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the harity Name Quadrant Almshouses trustees/ members of

31[st] March 2021 On accounts for the year ended

Charity 202879 no (if any)

Set out on pages

(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2021

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of

[insert name of applicable listed body]]. Delete [ ] if not applicable.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Date:

Signed:

June 2021

IER

Name:

Relevant professional qualification(s) or body (if any):

Address:

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

June 2021

IER

IER June 2021