Charity Registration No. 203647 QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD CONTENTS Trustee5' Annual Report Independent Examinerfs Report Receipts and Payments Accounts Statement of Assets and Liabilities
QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their report and financial statements for the year ended 31 December 2024. The Charlty The Quirke's Almshouse Chèrlty was founded by Indenture ènd Is comprised in a Scheme of the Charity Commissioners dated 18 December 1934. The Charity of Thomas Pon5ford wa5 founded by Will on 22 December 1897. The principal office of the Charity is situated at 3 Summerland Road, Minehead, TA24 5BP. Objects of the Charlty The Almshouses belonging to the Charlty shall be used for the residence of alms people in conformlty with the provlsions of the scheme. The Trustees shall apply the income of the Charity towards the provision and maintenance of Almshouses and the benefit of poor persons of good character who are resident in the aiea of the urban district of Minehead and the civil parish of Minehead. The Trustees shall apply the income of the Charity for the benefit of the alm5 people in any such manner as the Trustees think fit. Trustee5 The Trustees who served in the year were-_ Mrs A Lawton (Chairl Mrw M Hodson Mr C F Palmer MrsJAGFry Revlew of the Year Southways and The Haven were occupied throughout the year. All six of the Almshouses have been occupled for the majority of 2024. The continued updating of Almshouses, 1, 2 & 3 has taken place around our residents. The financial performance of the Charity in the year was considered satisfartory. Reserves are maintsined al a level deemed sufficient to undertake significant repair5. Publi£ Benellt The Trustees conflrm that they have complied with the requirements of section 17 01 the Charities Act 2011 to have due regard to the public benefit guldance published by the Charty Commission lor England and Wales. Banker5 Natwest, 9 The Parade. Minehead, Somerset TA24 5LT Accountsnts Dan stone Attountancy Ltd, l Bancks Street, Minehead. TA24 5DJ De¢laratlons The Trustee5 declare that they have approved the Trustees. report above. Signed on behalf of the Charitvs Trustees.. Mrs A Lawton 1417125
QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF QUIRKE'S ALMSHOUSE CHARITY AND CHARifi OF THOMAS PON5FORD I report to the charity trustees on my examination of the accounts of the above charity (the Yrusv., charity number 2036471 for the year ending 31 December 2024, which are set out on pages I to 4. Responslbllltles and basls of report As the charity trustees of the Trusti you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the ACVI. I report in respect of my examination of the Trusys accounts carrled out under sectlon 145 of the 2011 Art and in orryln8 Out my examinatlon, I have followed all the applicable Directions given by the Charlty Commission under 5ertion 1451511bl of the Art. Independent examiner's statemerrt I have completed my examination. I confirm that no materlal matters have come to my attention in connection wlth the examination which gives me cause to believe that in. any materlal respect.. the accounting records were not kept in accordance with section 130 of the Charr¢ies 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 this report in order to enable a proper understanding of the accounts to be reathed. Danlel Stone FCA 1717125 Dan Stone Accountancy Ltd l Bantks Street Minehead TA24 5DJ
QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD RECEIPTS AND PAYMENTS ACCOUNT5 FOR THE YEAR ENDED 31 OECEMBER 2024 2024 Restricted 2023 rotol Funds £ Unrestrirted Total Funds £ Recel Malntenance contrlbutions COIF investment dividends Other Income Rental income 15,438 3,379 15.438 3,379 6,286 3,332 250 14,041 14,442 14,442 Totsl iecelpts 33,259 33.259 23,909 P• Letting expenses SLTrbscriptions Licences Insurance Repairs Accountancy Water rates Heating, light & power Council tax Consultancy Adverts 5,152 371 159 1,242 20,585 1,080 11151 5.152 371 159 1,242 20,585 1,080 11151 2,029 530 795 1.219 14,453 188 683 1,012 618 6,853 618 6,853 3C(J Total payments 35.945 35.945 21,209 Net of re¢elpts/{payments} 12,686) {2.6861 2,71M) Cash funds last year end 165,n5 165,725 163.025 Cash funds this year end 163,039 163,039 165,725
QUIRKE'S ALMSHOUSE CHARITY AND CHARITY OF THOMAS PONSFORD STATEMENT OF ASSEfs AND LIABILITES AS AT 31 DECEMBER 2024 hFun Unr stricted Funds R stricted Funds Endowment Fun Bank current account 163,039 Investment Assets Funds to whlch Asset belon Current value Extra-ordinary repair fund 526.00 COIF Accumulation Shares Designated 137,084 Unre5tritted fund 1.603.LJ) COIF Income Shares Unrestritted 32,530 Thoh)as Ponsford fund 1,022.00 COIF Income Shares Endowment 20,740 Frances A Day fund 216.00 COIF Income Shares Endowment 4.383 Unrestricted fund 3.275.45 COIF Income shares Unrestricted 66,470 Total investment assets 261,207 Assets retained for the Charit sown se as valued 31 DKember 2024 Funds to which Asset belo Cost Current value Almshouses No's 1-6 Market House Lane, Minehead Endowment Unknown 9,0(? Southway5 and The Haven, Market House Lane, Minehead Endowment 246,195 400,0 The Financial Statements were approved by the trustees on 14 July 2025 and signed on their behalf by: MrsA lawton