REGISTERED CHARrrY NUMBER: 203018 Mackrell's Charity ACCOUNTS 31 DECEMBER 2023 PEPLOWS UMITED Chartered Accountants Moorgate House Qng Street Newton Abbot Devon TQ12 2LG
Mackrell's Chari Year ended 31 December 2023 Pagg Trustees Annual Report Ind¢pwd•nt EXamIr$ RgPQrt R•ceipts and Payments Aeeount stst•m•nt of As#•ts & Liabilili•¥
Mackfell's Charfty Trustees, Annual Report For The Year Ended 31 D•c•mb•r 2023 Referèneè and Administralion Details Charity Name Mackrell's Gharity Registered Ch•rity Number 203018 Principal Offic• Church House Queen Street Nthyion AbL#)t Devon Ta12 2QP Nam of th• Charlty Tru$tee¥ Tho Manage the Charity Margaret Batten Paul Joy Andrew Mill Patricia Mill Katy F3rrelkght Dan Farrell- Wright Nam•s and Addrtts•s of AdviMr4 Sl¢ltor.. BW Soli¢rtor5 Chur¢ HLWSe Queen Streèt Newton Abbot Devon TQ12 2QP A¢countsnls". Peplows Limited M(K>rgate House lfjng Street Nthvion Abbot TQ12 2LG structure. Governance and Management De5cripb"on of the Charty'5 Tru5ts'. Type of goveming document Scheme dated 10 October 1 How the GhaTty 15 con51rtuted Trusl Trustee selection methods Whenèver a vacancy in the Board of TrLt5tees occurs, the ¢onb"nuing Trustee5 appoint a replacement person of good standing within the k)r21 o)mmunty. -Page 1-
Mackrll'$ Charity Trustees, Annual Rèport For The Yèar Ended 31 De¢¢mber 2023 Fund Policies Investments in stocks and shares are hekl Èn an unrestricted designaled fund= the exlraordinary fepair fund. Realised gains are kèpt within thi5 fund to reinvest. This fijnd exists to ensurè any future extraordinary maior repairs are covered. Dividend5 and Inte$1 from investments. as well as o)nlribulions from residents. ale held in an unrestricted general knnd. This fund is for the purpose of fvffilling the Charitab activfaes of Mackrell's Charity. Objective and Aetlvitl•s objects are.. 1. For the benrt of the residènts in the Akn5houses of the Charity or any of theffl in such manner a5 the Tru51ees think fit from ttme to time. The TfU51ees main13in thefabric of thè Almshouse buildings and the garden$ and paths outside. finan the repair & seTvice of equipment. such asthe tniler. and pay the gas and water charges after receiwng conlnbution from the residents. The Tru51ee5 have had regard lo the guidance issued by the Charity Commission on pu1¢ benefit. A¢hl•v8ments and Perf0mn¢• 1. The maintaining of the Almshouse buildings to be in a good 51atè ol repair. Total building and electrical repaii costs in the yeai were £28.25612022." £62,687). Financial Revlow The Trustees aim to matnt8in a balance on the tmrestricled general fijnd of the Charity of at least one yearf5 annual expenditure. The fund cajrrenljy covers btheen one and two years expendrture, based on current expènditure rates. The Trustees also maintain a separate Unr&strted designated fund which aims to meet any extraordinary. significant renovions that the Almshouse buibJing5 may need in ihe fvture. The nature of this expenditure means that the liming of rt is not Pfedidable. The investments shown at cost in the Statement of Assets and Li8ts"lit*s have a valuali(m of£936,219 (2022.. £886,233). Declaration The Trustees dedarè that Ihey havè approved the Trustees, report abovè. SKJned on behalf ol the CharlS Tru51ees SignalurÈ= Full Name: - R-f< Position.. Date.. Ll October 2024 -Page 2-
Maekr•ll's Charlty Independent Examinerfs Report On Thè A£nIS For Th• Y•ar Ended 31 Decernber 2023 I report to the charity trustees on my examination of Ihe 8cu>unts of the ch8rity for the y8ar gnd8d 31 December 2023 vthich are set out on jeS 4 aThJ 5. Responslbllltles and Bos1$ of Report As the charity's trustees you are xesFwMsible Ithe pr8pardtion ofth8 accounts in Crdar th the requirements ofth8 Charsb&s Ad 2011 Ilhe Ac¥l. I r9POrt in r8SP6Ct of my 8xarninatK)n ofthe tharity's Carri Olrt Lmder wt)n 145 of thè and in carrwJYJ out my exarninab.on I have fdlowed 811 Ihe applae Directions given by the Charfty Commi8won under tion 145(5Xbl of the ACL Independent examSnerfs S&itement I have completed my examinatk)n. I confiwm that no matgrial matters have corne to rny aliention In conne¢lion with the examinabon gwing me Cause to believe that In any material respact." acc(xJnting re(x)rds wer8 not kept in respect of the charity as required by sectKJn 130olth8 Act., 2. th& actwnts do not aco)rd with those rrdS I have no con(xms and have corne a¢r05s Other matters in connection wlth the examlnth"¢)n to whic attention should be drawn in Ihis E)rt in orderto enab a proper uTrJ8rstanding of th8 accounts to be re&hed. Moorgate House King Street Newton AbL*Jt Devon TQ12 2LG Mrhael Youro FCA- ICAEW PeplowE Lirnited Charted Accounlants Date..ber 2024 .Page
Ma¢kr•if8 Ch and ents acmuttt rendad 31 Do¢•mb•r 2023 2022 Incom• R88kl8nts maintenanr* pawnènts Residents h&alng paym15 Brewin Drjrthin disknbutions Diwdends- Nabonal AknshoLL8esAss0ry3kn In¥esknentFur -JmdaIk?n shares .AeoJmLAation 5harp5 114.313.55 36.316.35 24.185.16 80.690.O5 26.566.00 18.914.03 1.279_88 2.032.10 201.45 1.(151.18 1,849.13 3.079.09 Sundry deposrf 178.328.49 132.359.48 8hov80 ¢o¥t BOir and centr81 heabry repaws uilding repaits and MananCe Counryl lax 8ctii¢al ropairs trical ¢hargaS Fire & s8CUtity Garden labour Gas charges HMRC lfisur8n Legal fees Sundry cosl Atmbership sub¥rfpti Scaffoldiny se¢0$ Telephone TV licen Wardens s8ry W8ler rates WTheelie bin dEoning 2.664.41 25.591.89 4.489.56 6.560.54 272.93 1,087.50 1.740.00 17.97920 1.703.40 5.719.60 613.60 1.524.04 2.C64.14 60.622.66 6.319.41 760.00 754.06 668.04 2.731_33 20.494_29 687.09 5,369.90 1.e09.00 309.00 720.00 596.02 292.50 15.652.20 19.695.44 544.00 15_00 14.350.48 12.185.04 788.00 97.627.99 139,889.08 TN¥t adrnlnL%tratlon 8XP•n806 Admin fee5 Sèuelary salary ank chawes 10.515.32 13.260.00 213.47 10,919.69 11.630.60 212.48 23.988.79 22,762.77 Ilot Sntomè avallablg 56.711.71 130.292.371 rF•n¥fers to EXtraolary RepalrFund Dividends received from Extraordinary Repair Fund assets aThJ re¥NEsted Annual paentt0 Extraordinary Repar Fund Ikl & Gl 1279.88 2.7%.QO 1.061.18 2.796.00 ID•ficltVsurplu¥ to Gonernl Fund 52.635.83 134,149.551 age
Mackrell's Cha Statsments of a8ts and Ilabilities at 31 Decèmbgr 2023 2023 2022 Accumulatsd unre5trictsd fvnds D88ignatsd: Extraordinary Repair Fund Fund al Ihe be9inning of the year Add." SuTplus on sale of investsnents Add". Transfer frijrn receipts and paymonts a¢cthJnt S29.845.99 10.715.30 4.075.88 571.85180 54.136.01 3.857.18 644.637.17 629.845.99 Genoral Fund Fund at Ihe be9inning olthe year Add.. Surpluslldefiutl from rec*ipts aTrJ pay7nents acujunt 219.884.32 52.635.83 254.033.87 34.149.551 272.520.15 219,884.32 ,730.31 59nted Inve8tmonts at CO8t Brewn Dolphin M & G Investrnents 791.352.C 27,367.54 757.204.71 23.291.e6 818.719.61 780.498.38 Bank accounts Bank curT8nt 84.073.29 26.092.69 84,073.29 26.092.69 WBW Cllent a¢¢oynt 137.831 60.00 Bwkots. accounts Brwn Dolphin account 14.402.25 43,081.24 14,402.25 43.081.24 917.157.32 849.730.31 Approved by the Ir Signatur8 Full Nama Positson". Twstee Date.. Lgocti)ber 2024 -pa