## **Trustees’ Annual Report for the period**
**From: 1 January 2023 To: 31 December 2023**
**Charity name: Viscountess Barrington’s Homes for Disabled ex Servicemen and Women**
## **Charity registration number: 205219**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide housing for beneficiaries,**
**defined as former members of the armed**
**forces or dependents thereof, who are in**
**need by virtue of disability, financial**
**hardship, sickness or old age, and are**
**ordinarily resident within 50 miles of**
**Shrivenham, Oxon**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**To maintain, and upgrade where**
**appropriate, the properties owned by the**
**Trust, to ensure that active and**
**independent residents can enjoy**
**accommodation in line with 21st century**
**living, at contribution rates that are**
**affordable to those in need.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Trustees have had regard to the guidance**
**issued by the Charity Commission on**
**public benefit**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|**N/A**|
|Policy on social investment
including program related
investment|Para 1.38|**N/A**|
|Contribution made by
volunteers|Para 1.38|**N/A**|
|Other|||
||||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The main accomplishment for 20223 was**
**the completion of converting 62 High St**
**into two flats. This enabled two bachelor**
**ex RAF veterans to take residency in the**
**respective flats, making a very positive**
**change to their lifestyle.**
**In the wider sphere, these beneficiaries**
**have taken on landscaping work to their**
**garden space, and have contributed to**
**the wellbeing of their neighbours by**
**offering their assistance in a variety of**
**ways**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|||
|Achievements against
objectives set|Para 1.41|**Creating two 1 bedroom flats out of a 3**
**bedroomed house continued the theme of**
**modernising the property portfolio.**
**A major driver for this project and the**
**wider improvement program is to**
**improve the energy performance of our**
**homes, both to protect the environment**
**and to ease the running costs for our**
**residents**|
|Performance of fundraising
activities against objectives
set|Para 1.41|**Besides using maintenance**
**contributions, funds have been secured**
**via a bank loan in order to continue the**
**policy of bringing the property portfolio**
**up to modern living conditions**|
|Investment performance
against objectives|Para 1.41|**N/A**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity remains in a sound position**
**financially.**|
|
Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**We hold £50K in reserve - see below**|
|
Amount of reserves held|Para 1.22|**£50K for Extraordinary Repair and**
**Cyclical Maintenance Funds**|
|Reasons for holding zero
reserves|Para 1.22|
**n/a**|
|Details of fund materially in
deficit|Para 1.24|**The charity is not in deficit**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**The charity remains in a strong position**
**financially with (property and land) assets**
**in excess of £6 million**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|
**The source of regular income remains the**
**maintenance contributions; this was**
**supplemented in 2023 by a loan from the**
**Charity Bank which helped fund the**
**upgrade of a 1920’s 3 bedroomed house**
**into 2 modern flats**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**N/A**|
|A description of the principal
risks facing the charity|Para 1.46|**Our principal risks are; loss of key staff,**
**maintenance project cost overruns and**
**the potential for slips, trips and falls.**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Charity Commission Scheme**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Unincorporated charitable trust**|
|
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Trustees are recruited locally. This topic**
**is discussed regularly at trustee meetings**
**and all trustees are encouraged to**
**identify potential candidates in addition**
**to local advertising. Due consideration is**
**given to appropriate skill sets and many**
**Trustees have a military background.**|
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|
|---|---|---|
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51|
**Trustees are required to review all**
**policies and procedures ahead of**
**accepting the position. Attendance at**
**training courses such as those run by the**
**Almshouse Association is encouraged**|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**Day to day management of the Trust and**
**its properties is handled by the Clerk.**
**Minor maintenance issues are resolved**
**without consultation. However, a close**
**relationship is maintained between the**
**Clerk and Chair, especially with regard to**
**more major issues. Regular reporting to**
**all Trustees occurs periodically, but**
**always more frequently than at the**
**bi-annual trustee meetings**|
|Relationship with any related
parties|Para 1.51|**Another Viscountess Barrington Trust**
**manages the Memorial Hall and**
**Recreation Ground in the village; our**
**properties surround their space.**
**We are working with them in preparation**
**for our joint Centenary, due to be**
**celebrated in 1925**|
|Other||**The Charity is in the process of becoming**
**a CIO**|
**Reference and Administrative details**
|||||
|---|---|---|---|
||Charity name|**Viscountess Barrington’s Homes for Disabled ex**||
|||**Servicemen and Women**||
||Other name the charityuses|**VB Homes**||
||Registered charitynumber|**205219**||
||Charity’s principal address|**19 Stainswick Lane Shrivenham**||
|||**Swindon SN6 8DU**||
|||||
|||||
## **Names of the charity trustees who manage the charity**
|1
2
3
4
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**
**Nam**
**e of**
**pers**
**on**
**(or**
**bod**
**y)**
**entit**
**led**
**to**
**app**
**oint**
**trust**
**ee**
**(if**
**any)**|
|---|---|---|---|
||Andrew Sudlow|Chair|
N/A|
||David Ahern||N/A|
||Martin Chaston||N/A|
||Peter Harrison||N/A|
||Michael Ross||N/A|
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– Corporate trustees names of the directors at the date the report was approved
**Director name N/A**
Name of trustees holding title to property belonging to the charity
|**Trustee name**|**Dates acted if not for whole year**||
|---|---|---|
|**N/A **|||
||||
||||
## **Funds held as custodian trustees on behalf of others**
|Description of the assets
held in this capacity|N/A|
|---|---|
|Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects|N/A|
|Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets|N/A|
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|
|---|---|---|---|
|**Type of**
**adviser**
**Name**
**Address**||||
|||||
|||||
|||||
|||||
|**Name of chief executive or names of senior staff members (Optional information)**||||
|||||
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
**N/A**
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s) Full name(s)** Andrew Sudlow **Position (eg Secretary,** Chair **Chair, etc) Date** 23 April 2024
|**Barclays Active Saver**
Transfers out
Transfers in
Interest
**Barclays Current A/C**
Transfers in net
Contributons
Property Expense
Management Costs
Operatng Inc over Exp
**Charity Bank**|**1 Jan 2023**
**Opening Credit**
**£44,775.29**
**-£40,000.00**
**£45,000.00**
**£271.81**
**£50,047.10**
**1 Jan 2023**
**Opening Credit**
**£58,441.09**
£48,443.15
**£149,906.99**
**£208,348.08**
86129.30
231262.02
14772.21
**-£159,904.93**
**1 Jan 2023**
**Opening Credit**
**£52,656.37**|**31 Dec 2023**
**Closing Credit**
**£50,047.10**
**31 Dec 2023**
**Closing Credit**
**£48,443.15**
**31 Dec 2023**
**Closing Credit**
**£18,096.14**|
|---|---|---|
Transfers out **-£50,000.00** Transfers in **£15,000.00** Interest **£439.77 £18,096.14 1 Jan 2023 31 Dec 2023 TOTAL BANK BALANCE £155,872.75 £116,586.39** Net Loss 39,286.36
Net income £ 86,840.88
Net expenditure £ 246,034.23
total interest
£711.58
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
I Scour4TEts g*RKINJ6tTcfrJS Fo
i£k
On accounts for the year
ended
Charity no
(if any)
zo£219
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity I"Ihe Trusl") for the year ended
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
ba515 of report of the accounts in accordance with the requirements of the Charities Act
2011 1.the Acr).
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Charity Commission
under section 14515}Ibl of the Act.
I have completed my examination. I confimi that no material matters have
come to my attention {
") 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 aGcounls do not accord with the accounting records
Independent
examiner's statement
I have no concerns and have come across no other matters in connection
th the examination to which attention should be drawn in order to enable a
proper understanding of the accotjnls to be reached.
Please delete the words in the brackets if they do not apply.
Slgned:
Date:
2 i
Name:
K. E5.PIICE
Relevant professional
quallficatlonls) or body
(if anyl:
Address:
KIT+FE W 6tr1 g i
SwJiKJk>W SN16 É-A
IER
October 2018