2022-03-31-accounts - Oxford Lane Almshouses Charity

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

– ANNUAL REPORT YEAR ENDED 31 MARCH 2022

NAME: THE OXFORD LANE ALMSHOUSE CHARITY

ADDRESS: BRINKHURST, OXFORD ROAD, MARLOW, BUCKS SL7 2NL Registered Charity No. 205436

The Charity is administered by a Board of Trustees, as follows:-

Board Members:

Cllr Ian Wernham - Chairman & Co-optative
Cllr Alex Collingwood - Buckinghamshire Council
Cllr Jason Batten - Great Marlow Council
Mrs Janet Pritchard - Co-optative
Mrs Julie Tempest-Mitchell - Treasurer & attends Trust Board meetings
Mrs Jo Braybrooke - Clerk & attends Trust Board meetings

The Board of Trustees meets four times a year and are responsible for the strategic aims of the trust, sets the weekly maintenance charge and has overall responsibility for the finances. The Trust employs a part time Facilities Manager who is responsible for the maintenance and day-to-day running of the Almshouse.

Aims

To provide Almshouse accommodation for 10 persons of good character who have lived in Bisham, Great Marlow or Marlow Parishes for five years (or have immediate family living in the said parishes) and are aged 60 or over. To maintain the fabric of the building and environs for the residents.

The accommodation offered is a bed-sitting room with kitchen and toilet. There is a bathroom and separate shower room on each of the two floors, a communal lounge and kitchen with laundry facilities. The residents have the facility of a pendant to connect them to the life-line scheme, which provides a 24-hour service, paid for by the charity.

Achievements:

The board have been busy working towards a major refurbishment of the residents accommodation. Plans are being drawn up to convert the current bedsitting rooms into self contained one bedroom flats.

In order to increase the charity's income, it was agreed to rent out the former Wardens two bedroom flat (the Warden role was made redundant in 2020) on the commercial market.

All general maintenance and repair work has been completed as planned during the year. A donation of dining room furniture for use in the common room was gratefully accepted and donation of garden furniture was also accepted.

Activities:

The residents receive regular telephone calls from members of the local St Vincent de Paul Society, to check all is well and for a general chat. Residents also meet in the communal lounge for regular tea parties arranged by volunteers and the Facilities Manager.

The Residents have an Annual meeting with the Trustees, where any complaints or suggestions can be aired.

A Residents and Trustee’s Christmas Meal is held annually in December, in the week before Christmas.

Cllr Ian Wernham Oxford Lane Almshouses Charity

31 March 2022

THE OXFORD LANE ALMSHOUSES CHARITY REGISTERED CHARITY NO. 205436 FINANCIAL STATEMENTS FOR THE YEAR ENDED ST 31 MARCH 2022

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES Op OXFORD LANE ALMSHOUSES CHARITY (Registered charity number 205436) I report on the accounts of Oxford Lane Almshouses Charity for the year ended 31 March 2022. which are set out on pages 2 and 3. Respective respo....-.....'es of trustees a- examiner As the charity'5 trustees you are responsible for the preparation of the accounts. You as the charity'5 trustees consider that an audit Is not required for the year under section 144121 of the Charities Act 2011 but that an indegendent examination is needed under secion 145111 of the 2011 Act. It is my responsibility: To examine the accounts under section 145 of the 2011 Act To follow the procedures laid down in the general directions given by the Charity Commi55ioner5 under section 14515llbl of the 2011 Art,. and Tn ¢t?to whether partiri I12r rt¥atrters have come to my attention. Basis of Independent Examiners Report My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presersted with those records. It also includes consideration of any unusu31 jtow.¢ of disclosures in the accountts, and seeking eYnlsn2*inn¢ +rom voiJ as trustts&s concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below. Independent Examiners Statement In connection with my examination, no matter has come to my attention: 111 Which gives me reasonable cause to believe that in any material respect the requirements lal to keen 3rrni Intino r•rnrds in accordanco tlt <prtinn i in n! ?011 Act,- and Ibl to prepare accour¢ts which accord with the accounting records and to comply with the accounting requirement of the 2011 Act have not been met,. or 121 to which. in my opinion, attention should be drawn In order to enable a proper understanding of the accounts to be reached. Davi ollywood, CA Stoneywayi Bovingdon Green, Marlow, Bucks. SL7 2JH Dated..

THE OXFORD LANE ALMSHOUSES CHARITY INCOME AND EXPENDITURE ACC UNT FOR THE YEAR ENDED 31° MARCH 2022 2021 2022 ]NCOME Maintenance contribution5 Interest and divideDd$ 32,775 684 33.459 32.355 645 33.000 EXPENDITURE Wages Admini5trdtion Council Tax Lifeline Alamis Repairs. Maintenance & Clea#i#g Heat & Light Telephone & Internet lThsurance Water & Sewage Prolessitsnal fees Miscellaneous Expenses 17.231 48 1,879 23 4.327 7,015 247 ,317 417 1.004 7,389 21 ,957 18 9.428 3,884 741 1,406 437 962 695 34,679 26.937 6.063 Excess Expenditure over Income MOVEMENT ON RESERVES Ac¢umulaied Reserves at 1.4.2021 Transfer of M&G sale Proceeds Excess ILoss1 I Income for ihe year 39.864 51,484 75.746 6.063 133 ?93 Cy¢li¢al Maintenaiice Fund at 1.4.2021 (note I I Addiiionldeduciion during the year Expenditure during year 12,826 14 M&G Charity Fund a¢ 1.4.2021 Re51aie 10 Market Value Additionldeduction during the year Sale and trattsfer to currettt account 54.614 14.780 69,394 6,352 -75,746 Approved by the Board of Trustees on

THE OXFORD LANE ALMSHOUSES BALANCF SHEE'f AT 31" fvL4RCH 20 2021 2022 FhOld Prom w cost Jnve&Ymeni¥ (Not¢ I I Okford Lgjje Almshou 31,946 31.946 69.394 C&sh at Bank- Ikr*Jsit - Current Pa}'menis in V¢r Pett>. Ch in Elnd 12.840 7,342 101,682 145 20.327 15 101,697 Crnliiors 789 19.538 349 101.347 IQI&L wssets I$ curreni liabilities 120.878 133,293 Income Endotvmeni Fund IN0 1, 69.394 Ly¢li¢oJ mLlenn¢t Fund 12.840 82,234 Attumulated Rts¢rv¢s 38,044 133.293 120.878 133,2Q.I Thi. MAv.fi invr.thnli I l ft? ?? fnr f7$ 74th 71 Nnlp). Th¢ cyclicaj fund inio the ¢urFeni COUn1

THE OXFORD LANE ALMSHOUSES CHARITY REGISTERED CHARITY NO. 205436 FINANCIAL STATEMENTS FOR THE YEAR ENDED ST 31 MARCH 2022