2023-03-31-accounts - Quadrant Almshouses

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Trustees' Annual Report for the period

Period start date Period end date 1 April 2022 31st March 2023

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)

Trust How the charity is constituted

(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

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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 May 2021 work was completed to the roof and there have been no major maintenance works 2022 and early 2023 other than the refurbishment of another almshouse. Three of the first floor almshouses have stair lifts and they have received their regular servicing. The Trustees have been reviewing all the policies and fire safety. An updated residents handbook is to be considered.

30[th] April 2021

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Section E Financial review

Brief statement of the charity’s policy on reserves

The main reserves are held in a building society soon to be changed as the building society account is to be closed 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 21st November 2023

30[th] April 2021

TAR

	Charity Name Quadrant Almshouses	Charity Name Quadrant Almshouses	Charity Name Quadrant Almshouses	No (if any) 202879	CC16a
	For the period from	Period start date 1st April 2022	To	Period end date 31st March 2023

Section A Receipts and payments
A1 Receipts 38,395 - - - - - - 38,395 - - Sub total - Total receipts 38,395 A3 Payments 24,552 - - - - - - - - Sub total 24,552 - - Sub total - Total payments 24,552 Net of receipts/(payments) 13,843 A5 Transfers between funds - A6 Cash funds last year end - Cash funds this year end 13,843 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table)		to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ 38,395 - - - - - - - 38,395 - - - 38,395 24,552 - - - - - - - - 24,552 - - - 24,552 13,843 - - 13,843	Last year to the nearest £
			-	38,395	42,624
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			-	38,395	42,624

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			-	38,395	42,624

			-	24,552	30,897
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			-	24,552	30,897

			-	-
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			-	24,552	30,897

		-	-	13,843	11,727
		-	-	-	-
		-	-	-	-
		-	-	13,843	11,727

Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees	Details Details Nationwide Building Society Details Details Details Signature W. H. Dow *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 5,523 - - - - - 5,523 - Agreement Error OK to nearest £ to nearest £ 67,349 - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Mr. W H Dow Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
			-
			-
			-
			-
			OK
			to nearest £ Endowment funds
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			-
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			-
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			Current value (optional)
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			Current value (optional)
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			When due (optional)






			Date of approval
	W. H. Dow	Mr. W H Dow	21.11.23

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 30[th] March 2023 Charity no 202879 ended (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 30[th] March 2023 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 examiner's statement

I have completed my examination. I confirm that no material matters have 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: 17.5.23

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).

IER

May 2022

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

IER

May 2022