CHARITY COMMISSIO FOR ENGLAND ANO WALE Receipts and payments accounts CC16a For tho pedod from To Section A Receipts and payments Unrestrfd funds Restrlctad fvnds Endowment funds Total funds Last year t•th• th n•Ar••t¢ toth•nMr••t£ toth• D•ar•l£ lots h•r••t£ A1 R•c•l ts Weèk alntonan(¥ Fee forTVLkon¢o 25 10 23 2S• 104 25A10 23 2$> 104 15 267 143 Wgthr Sub totJl{Gmss coM9 for 2S>53 AR) 2G,796 A2 A¥3et artd Invwdtment Ml•s, l$ao tablo). Incoroe fryVK Invqsim•nt8 Sub total 1,121 26,917 21.M7 26,646 ents CrfA'S Exwnw WgthrR#tè$ hL Hl& PtrAr In$uionc¢ ara Ènd MaiDthnonE• F90S 6.750 6.750 12 124 121J t317 4BO 2J 13,417 ,839 2J Christru Gth toROth1gn Pmbng and $tiOry Expon8o8 Jm$hwy•Asljn Subscrytv Loan R9Pa 307 20 12 20 395 271 3.It8 343 J&12 3,912 Sub tol•l A4 and Invoslmgnt has0$. 1,0 Sub t¢i•l 27.695 27.095 Netofrec•lpts/(paym•nts) AS Transfars bohveen fvnds A6 C•$h lunds last y•4r•ftd C8sh funds thls year8nd Y18 778 39,836 39.058 39,836 39.058 49.456 39.836 CCXXR1 toJnts ISSI 01110r2024
Section B Statement of assets and liabilities at the end of the period Vnrnstrlctod R65tdctod fvnd$ fvnds t• n•v•rt£ Endowment funds ton•4Mt£ Catogorses Details B1 Cash fund Tol81 funds 39.Q5B 11 Unrnstrlcted fvnds Endowment fundA t•n•4r4rt£ funds n•or••tÉ Details FundtDthlch •t b•1 lJnt¥ilrfctsd Curr•nt1u• Lknnil 173110 B3 InStMent M&G ChwtyMup<Fuha 11>12 UKBtsnd FundAfv£< Unt•tsktsd 317> •zJoJ ¢o¥tlppdoMII 39h11 Cyrr•nt¥7fu• B4 Ass•ts retalned for th• charftys own use 39811 An¥tyJntdu• oh ¢Ju• IL•blll Unth•irf¢i•d B5 Llebllmles ¥nkLoah Sned byOrtrUsaCl1 of&ll the1rust* Dats of rovBI Snale Prfnl N8me trL& CCXKR2 aOL(S$) 01non024
Strange and Amory Almhouse Charlty- Charfty Number: 204538 Trustees Report for the year ended 31 March 2024 The trustees present their report and financial Statements for the year ended 31 March 2024. The trustees who seNed during thè year, up to date are as follows: Trustees P Evans G Violet Mr C Leather Mr SJ Sherry E Scott J Violet Structure, governance and management The charity is constituted by a Trust Deed dated 1646 as implemented by a further deed dated 9 March 1981, which was further updated by an amendment dated 13th January 2003. The trustee5 are appointed/removed by democratlc process. The chairman for the year was John Violet. Objertive and artlvltles The charity is a parochial charlty whose main objective is to relieve poverty in the Parish of Bideford by providing Almshouses as cheap housin8 facilities for poor elderly people lexcept in special circumstances to be approved by the Commissioners). The management committee aim to provide housing facilities for a fair weekly maintenance fee and employ a clerk to the trustees to oversee the running of the charity. In planning their artivities for the year the trustees have kept in mind the Charity Commissions guidance on public benefit. AchlevÈments and Perfomiance All flats were fully occupied throughout the year with as much maintenance and improvement5 carried out a5 finances allowed. The obligatory maintenance is fully up to date. decoration is of a good standard which allowed for the improvement of a further kitchen. Page I
Strange and Amory Almhouse Charlty- Charfty Number: 204538 Trustees Report for the year ended 31 March 2024 Financial Revlew During the year all the six flats were fully occupied. The maintenance charge is £82.50 per week and Trustees agreed to raise this for the following financial year. Further significant improvement have been made with a new kitchen fitted in Flat No 5 (not replaced since 19821. Several flats were repalnted to bring them up to standard with colours agreed with the residents. Cash resources at the end of the year decreased by £9.620 on the previous year. The investments have remained the in the same fund5 as the previous year5 namely: M&G Charity Multi Asset fund {previously known as National Assoclation of Almshouses Common Investment Fund). The shareholding at the year end was £11,572. Blackrock Charities UK Bond Fund A Accumulation (previously known as Chamico Common Investment Fund (Accumulation Sharesll. The shareholdin8 at the year end was £32,073. The charity has a loan with Lloyds Bank. The balance outstanding on this loan at the year end was £2,542. The loan Is secured against the bulldlng, the approximate market value of which 15 £380,000 as at the 31 March 2024, thus the proportion of the loan in relation to the asset value is 0.006%. Rlsk and Reserves The charity holds reserves for the purposes of repair work that may be required on the property from tlme to time. The current holding of reserve5 and investments is deemed adequate to protect the charity from any risk it may face. Specific Restrictlons Imposed by Charfvs Governlng Docurnent The charity must only provide accommodation for those people deemed to be poor elderly persons within the ancient parish of Bideford and a fair weekly maintenance fee must be charged, exceptwith the specific permi55ion of the Comm1s5ioners. Investment Powers. Pollcy and Performance The trustees must use all funds firstly for day to day management expenses and then a cumulative maintenance fund is permitted. An extraordinary repairs reserve is a further mandatory investment. All investments are held in the name of the clerk. Pa8e 2
Strange and Amory Almhouse Charity- Charlty Number: 204538 Trustees Report for the year ended 31 March 2024 Statement of Trustees. Responsibllities The trustees are responsible for preparing the Trustees, Annual Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice}. Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year, which give atrue and fairview of charity and of the Incoming resources and application of resources of the charity. for that year. In preparing these financial statements the trustees are required to- select suitsble accounting policies and then apply them consistently observe the methods and principles in the Charities SORP,. make judgemerkts and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures dlsclosed and explained in the financial statements; and prepare the financial statements on the going concem basis unless it is Inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board J Violet Trustee Date: 411(21 LoZ* Page 3
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Tpi & TLA4£ AfvJo,4¢l0Ly AL 'sÉ c$4ALir%/ On accounts for the year ended 3,1612tsL4 Charity no (if any) 2ts+g Is- Set out on pages TLs* I report to the trustees on my examination of the accounts of the above charity {'Ihe Trust-} for the year ended 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 requirernents of the Charities Act 2011 ("the Act.). I report in respect of my examination of the Trust's accounts carried out under seclion 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. I have completed my examination. I confirm that no material matters have come to my attention ") in connection with the examination which gives me cause to believe that in, 8ny 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 Independent examiner's statement 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 Ltnderstanding of the accounts to be reached. Please delete ihe words in the brackets if they do not appty. Signed Date: Name: 41LL i j 14&r2N , Relevant professional qualification(s) or body (if any): Address: CJ ction B Disclosure IER October 2018
Only compleie if the examiner needs to highlight matters of concern (see CC32, Independenl examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018