Basingstoke Charities Registered Chanty No. 204040 ANNUAL REPORT FINANCIAL STATEMEKrs for the year er¥Jed 31 st March 2022 Sir J•nès Dtsne AlmslK)uses Over 400 Yea Continuous Occupation Bank: Uoyds Bank PIC Mayfair House Basingstoke RG217JU Independent examiner Mr L Fryer ACIS 13 Hartswo Chineham Basingstoke RG24 8SJ
The Basingstoke Charities (Registered Number 204040) TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2022 The trustees present their rep)rt and the financtal statements for the charity for the year ended 31 March 2022. The Charity Commission scheme of 25 Marth 1960 brought together Iwenty eight Charities. Those nuMred 1- 8 are administered and managed under the title of the Almshouse Chartties., those numbered 9- 25 are administered and managed under the title of the Charttses for the Poor. those numt*red 26- 28 are administered and managed under the title of the Charities for the Lecturer. Objects Almshouse Charities The almshouses consist of eight Grade Il" listed terrd houses built in 1608 and known as the Sir James Deane Almshousès. To manage the Almshouses within the temis of the scheme for the benefft of the less well off people in, or wtth strong connections with the Borough of Basingstoke & Deane. Income from the Almshouse Charities to applied for the benefrt of almspeople and the repair & maintenance of the almshouses. Charities for the Poor To be managed for the less well off people within the Borough of Basingstoke & Deane either augmenting the income of the Almshouse Charities or for the benefft of similar peOe in the area at the discrelion of the Trustees. Charities for the Lecturer To be managed for the benefit of the incumbent of the Parish of Basingstoke and used ai hislher discretion. In furtherance of these activities. bul not further or othemryse, the powers of the tharity are as set out in ils stheme. Organisational Structure The Charilies are governed by trustees. The Trustees meet at least three times a year and make all decisions relating to the Charity. Review of activities During the year £225 was gtfted to the residents of Sir James Deane almshouses and the poorer people of this area from the Charits"es for the Poor. A payment of £49 was due to paid from the Charities for the Lecturer to the Rector of the Parish of Basingstoke. The Rector gffted this, and prewous years payments totalling £111, to the charty. The year was spent catching up on general mailrtenan tasks delayed due lo the Coronavirus pandemic. Complete internal refurbishment of one property was completed during the year. A resident was identffied and took up residence in September. One bathroom was completely refurt)ished. with the bath being removed and a shower installed. One boiler was replad following breakdt)wn of the original and it being deemed beyond economical repair. One frmygeffteezer was replaced during the year, although produd shortages severely limited choice. Limffed Spa for appliances in the kitchen also limf(s the Choi of suitable appliances. Page 1
The quinquennial survey was completed and the rewrt issued. This is teing reviewed and a maintenance plan Produ to address the issues [dent[fd. Electrical checks were completed and fuse boxes were replaced to CoMY wtth modem standards and to ease user operation. Flnancial Review The income from resident (xjntributions was £20,078 (previous year £19,930). The Charity continued to rebuild up its long temi reserves followtng their depletion due to expenditure on the roof refurbishment in previous years. Interest reIvable was £3 (last year £30). There bvas an unrealised gain on investments for the year of £5.968 (previous year loss £12.420). Overall there was a deficit in year of £5,027 Uast year SUTplus £16.090}, partially reflecting the catching up on Maintenan tasks delayed due to coronavirus.. Due to the age of the properties it is the policy of the Charity to maintain the free reserves to a level that will ensure any repairs can be speedily dealt wth. This has been clarified by the Trustees to mean the equivalent of one years experKliture. Plans for future periods The trustees policy to install showers is complete as all properties now have showers In the short term, limewashing the front and east elevations vnll be investigated to improve the perf0mlan of the extemal decorations. The fn9 of extractor fans to the bathrooTns and kitchens is also being considered to improve the removal of moisture from the building. The Atmshouse Associations guidance on reserves is Ing followed. Trustees As at 31 Mar¢h 2022. the following were the Trustees of the chanty: Mrs E Boult Aldemian C Connor Mr R W Fergte Mrs C Tiller Mr P Davis Mr R Gardiner Mr N Drury Mrs D Reavell Mrs P Mayer Public benefft The trustees confirm that they have referred to the guhlance contained in the Charity Commission's general guidance on public benefit when reviewing the tharities aims and objectives for the year and in exercising their powers or duties. 12 This report was approved by the trustees on 5 11 - oult Chaimian of The Trustees Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BASINGSTOKE CHARMES Registered Charity No. 2041J40 I report on the accounts of the Charites for the year end 31st March 2022, which are set out on pages 4 to 9. Respectlve responslbilities of tteeS and eine1 The charity's trustees are responsib for the pparatm of the accounts", and consider that the audit requirement of sectton 14412) of the Charities Act 2011(the Act) does not appty and that an independent examination is required. It is my responsibility to-. examine the accwnts under section 145 of the 2011 Act, to folkjw the procedures L8id down in the general dIrecnS gNen by the Chartty Commission {under section 145 {5)(bl of the 2011 Act}", and to state vthether particular matters have (x)me to my attent. Basls of Independent examinerfs report My examinatton vras carTied out in ordance with the General Directions given by the Charity Commissioners. An exam1f7at1 includes a review of the accounbng records kept by the chartty and a comparison of the accounts presented wth those records. It also includes considerats.on of any unusual items or disck15ures in the accounts. and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit. and consequently no op'nion is given as to whether the accounts present a-true and fair VI and my rewrt is limited to those matters set out in the statements below. Independent examinerfs statement In conne¢trJn with my examination. rKJ matter has ccme to my attention.. (1) whi¢h gNe5 me reasonab cause to believe that in any materÉal respect the requirements to keep acc£sunting records in 1rdan with section 130 of the 2011 Act and to prepare accounts which aecotd vnth the accountsng records and to (xnpty with the accounts'ng r84uirements of the Act have not been met., or to Whh. in my opinion, attention shouFd be drawn in order to enable a proper understanding of the accounts to te reached. (2) LAFryer Mr L FryerACIS 13 Hartswood Chineham Basingsloke RG24 8SJ Date: 9 June 2022 page 3
The Baslngstoke Charities {RegiSte TrkJnlr2040401 STATEIIIENT OF FIF4ANCiAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2022 Tclal 2021 2Q2 INCOMIPIG RESOURCES Re%dents C¢jntritsCrt Investment Inthme InreSt received Grants DOn8tn$ TOTL INCOAIING RESOIAleES XM)78.IM> 535 18 3.61 534.72 1011140 3126131 2CQ78 00 828 60 3.61 534.12 10t1140 31555.73 19930 887 253.78 21382 RESQURCES 1i8ED General rnnning eosl$ Administrat cost Christrnas grfl I 41322.32 817.75 4132232 817.75 225 00 167.00 16553 703 225 182 49 17712 187. Paymenl lotr Ltr TOTAL REWURCES lED Net IrAlouIig? re50L¥ Unrealisal ganSse$) Investnts A8lS -71064.76 28.78 .10996.34 59S8 80 3670 12421 -113.85 NET MOVEMENT ON FUNDS -5410.99 -7411 -5027J4 Fd brtwht fvJNArd at 1 ar21 84607.$5 6.76 215*9B FUND ¢ARPJED FORWARDAT 31 Mgreh 2022 $6 90366.75 Pag84
The Basingstoke Charities (Registered Numt*f 204040) BALANCE SHEET AS A T31 MARCH 2022 Note 2022 2021 FIXED ASSETS Investments 73159.71 63590.91 CURRENT ASSETS Debtors Bank balances". Treasurers Account 534 10872.31 15710 COIF deposit account 7508.88 17509 18390.19 33753 Credltors". amounts falling due within one year Accruals 1183.15 1950 Net Current assets 17207.04 31803 Total assets less current liabililies 90366.75 95394 RESTRICTED FUNDS The Almshouses Chartties The Charities for the Poor The Charities for the Lecturer Total Restricted Funds 15546.27 6586.15 1403.54 23535. 14534 6199 1517 UNRESTRICTED FUNDS The Almshouses Charites The Charities for the Poor The Charities for the Lerer Totsl Unrestricted Funds 63650.29 2498.27 682.23 66830.79 70073 2428 643 TOTAL FUNDS 90366.75 95394 The accounts on pages 4 and 5 were approved by the Trustees on s l - j I land signed on their behalt by:
The Basingstoke Charities (Reglered Numter 2040 Notes to th¢ Accounts for the Yearended 31 March 2022 for Srnalr Enbbes IFRSSEI the Ctsrites SORP. has iwi change to tt yaiuatK)n ru$ aNJ of accouw last year chaw ha been made 12 Quoted stocks & shares e vknj at rnath•twd at the YeThI ¢j1¥KI are Numberof DwkJend M&G Chanty MUNI Asset Furhy Charityofwalter John Smith Chatty of R¢Jbert Cotue Charity of Re¢d Thmas gwrd D.0. Charty of &'rJarrw Francis Russeifs Gift Act Aknshouses Charty Charity of HwTlllh$tkp 1143 146 379 2ll2 518 Total sharw hshj 11018 {2021 £386 Sirjarnes Charity LitUeAkmshouses Charty 3513 Tolal shares £172 (2021 £1821 AH InCc to used ttrMrds the running ol th* AhTtshou58S.
The Basingstoke Charities (Registwed Nunts 204040) Notes to the Accounts Icontinued) for the Yearended 31 March 2022 Number c Charty MU. Asset FuThJ RLhard ikane'$ Gi( John Hairs Grfl The D& of 8otlon's The Webb Fun¢J The Chanty of MaryWI Th8 Charity of John Brtht Tho Chanty 0¢ John Smith Charity ofThomas Btsh¢¥A1t Chanty of Rrhard Ab)knrth Chanty of RKhard Alh¥cffth Sirjars Later Monk Shert)ome 8 P?e1 Trust Vrar & ChwclM•thns Monk SI Hunt B4uesl 134 141 1137 170 1135 141 Totsl Shares 12021 £2351 Rcthrt Payme's Gtft 113 JO Smith's Grft Tot41 Shares 702 12021 £241 M&G Charl)orKI Ba5ingstokg Infarfs fr• Sct OJ Basing Parochial Ch1 101 216 Total Shares 317 £10 12021 £111 13 The Central Bod of clthe chUh of EngbrJ- Fwj Internst SErJjr85 FurKI. Charity of SirJan8s Dear Chanty of SirJames Lartaster Charity of Tolal SharB5 12021 £491 l incorne to lje paJ lo Il* 8?¥1[ke to be used at her discretKm.
The Basingstoke Charities (Registered Number 204040) Notes to the Accounts (continued) for the Year ended 31 March 2022 Valuallon of SPArns hIL Includes 430 (2021430) NMCIF She$ k811[¥j to the Extraorthnary Rep84r fund. Balance br forward 1 2021 Purchased during the y 55271 36L 6802 1517 63591 36(M) Revised vae at 31 Marth 2022 58871 1517 67191 IAarket Value at 31 M¥di 2022 7231 73160 Unroalised surphm for yr 5969 SHAREHOLDING NAACIF INCOME NA4CIF ACCUMULATJON 1218_193 NAACIF INCOME CONCIF INCOME 7463 317 CBF INCOME OTHER ASSErs 1 Prowrty The AmshoLtseg, Srtuated al 29, 31. 33. 35. 37. 39, 40 and 41 London Stre 8asingsloke RG21 7PG. cc#nprwng 8 terrnced. seifconlained. fft bedri>omed heS on Iwo fknrs, are vested in the Official Ttee of Chwity Lands as detsiled in the sthwne date(J 25th March 1. 4.2 Tanglblo Assets The Ch8TTiies and repthe a5 necessary arKI write off in year acqu1 tx$. 4.3 Rostrided Funds Restricted funds ofthe Charity to £23.thiS bery the value of the rne shares. INSURANCE The Almshouses are ingJred ts £1,475.528 al the d* 0fth aXfflts. Page 8
The Baslngstoke Charities (Regislered Number 204040) Noto8 to th• Accounts (continued) for the Year ended 31 March 2022 EMPLOYEES and TRUSTEES The Charity has no empk)yees and there have been no amounts pahl by way of remuneration or other benefft to the Chartys trust. or connethd wth them. from the Charity. DEBTORS & PREPAYMEP The debtors relate to the share of room hwe costs. CREDrroRS & ACCRUALS The creditors relate to accruals for maintenants $ts and clerks expenses. TAXATION The Chanty bs not registered for VAT all its Inte$t and Investment inccme is receNed gross. 10 OTHER DISCLOSURE ISSUES The Basingstoke Ch*ities have commitments not prov¥J&J for tn the accounts, have given guarantees. have receibtd no loan Sured on any of its awts, have no contwent liabilibes dKJ receive any as a materia part of ts income. 11 DECLARATIONS The statement of financial athities combines all trans&lions for tt)e year. but splii to show detai ofthe three funds. to give a clear delail. Page 9
The Basingstoke Charities (Registered Number 204040) INCOME AND EXPENDITURE ACCOUNT for the Year ended 31 March 2022 2022 2021 INCOME Residents Contribution Investrnent Income Grants Deposit Account Interest Donatron Total Income 20078.00 828.6 534.12 3.61 10111.40 31555.73 19930 887 534 30 21382 Expenditure Repairs & Maintenance Garden Maintenance Communica Water rates Fire alarm telephone Ann4Jal gas service Fire Alarm maintenance Almshouse Insurar TV Licences New Applian Showefs House Refurbishment 14253. 448.S6 1589.16 1846.24 259.62 1104.00 288.00 1418.75 5759 875 1513 1794 246 1152 192 1379 30 234 1797.10 6200.00 12109.43 3380 General running costs 41322J2 16553 Clerks Expenses Clerks Honorarium Room hire Administration 308.75 500.00 149 500 817.75 703 National Almshouse Assctiation Subs Christmas Gift list Lecturer TOTAL EXPENDrruRE 187.00 225.00 182.00 225.00 49.08 1n12 42552.07 Surplus110ss1 for the year Increaseldecrease) in Investment value Surp1 {loss) transferred to reserves -10996.34 5968.80 027.54 3670 12421 16090 Page 10