2022-03-31-accounts - Quadrant Almshouses

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Trustees' Annual Report for the period

Period start date Period end date 1 April 2021 31st March 2022

From

Section A Reference and administration details

Charity name Quadrant Almshouses Other names charity is known by Registered charity number (if any) 202879 Charity's principal address 43 Jubilee Road Fordingbridge Hampshire Postcode SP6 1DP

Quadrant Almshouses

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
William Dow	Chairman
Malcolm Connolly			Fordingbridge Town Council
SallyCrook
Claire O.Brien
Mark Ward		From 8/3//22

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

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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

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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. In March 2021 work commenced on the complete overhaul of the roof. There was found to be no insulation in the entire roof so this had to be added to the original estimate. While there was scaffolding around the whole building, it was decided to carry out some painting to the first floor externally. The work was finally completely at the end of May 2021. In October 2021 a resident moved into a care home and subsequently died. However it took until January the following year for the family to completely empty the almshouse. The almshouse received an electrical inspection and two night storage heaters replaced. The almshouse was completely redecorated, additional kitchen cupboards installed, and new carpet throughout. The almshouse has new tenants.

30[th] April 2021

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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 2022

30[th] April 2021

TAR

QuadrantAlmshousesReceipts and Expe	nditure31st Marc	h2012 REGIST	ERED CHARIT	YNO-202879
Receipts		2010-2011		J.Oil.A<{L ,i}ao40++-
Openingbalance		5,437.26		2,295.70
Rentsreceived		24,695.80		25,676.50
lnterest from Nationwide		3.80		4.43
lnterest from Lloyds Treasury		162.30		165.66
WarStock		1.40		1.40
Sundries		289.36		0.00
Tenants Contents lnsurance		195.13		'188.64
Excess of incomeoverexpenditure		I-esi-rs5.oIl L9,244.@ f€zF4o.ril		I€rJ-JJzrSl €9,351.60 ftls.Bro.E
Pavments
ClerUlnlandRevenue		1650.10		19'l8.OO
Water/Sewerage		1624.47		1110.66
Electricity		2518.01		3055.39
Off-peak refunds		608.50		641.11
Window cleaning/
Grass cutting		771.7s		954.15
Plumbing Services		2347.77		148.21
Maintenance& repairs		10015.69		9711.O9
lnsurance	794.O8 195.04	989.12	786.23 250.161036.39
Almshouse Association		130.00		137.00
Audit fee		20.N		25.00
Sundries		864.96		243.73
		tTrt"54oJ?I		f€rJ-980.?3.l
Bankreconciliation
Bankstatement as at31stMarch		i2,295.70		€2,982.45
NationwideTreasurer's TrustAccount		f58,366.39
LloydsTreasury Deposit as at9/11111		832,893.58

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Quadrant Almshouses

On accounts for the year ended Set out on pages	30thMarch 2022	Charity no (if any)	202879

	(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 30[th] March 2022 D / MM / YYYY .

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

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

accounting records were not kept in accordance with section 130 of the Act or
the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn 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.

Signed: A. Gibb Date: 05.05.22

Name: Mr. A Gibb

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

Address: 5, Marbrean Close, Fordingbridge, Hampshire SP6 1DT

Section B Disclosure

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

May 2022

IER

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

May 2022

IER