2024-12-31-accounts - Lady Smyth's Almshouses

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REGISTERED CHARITY NUMBERS: 201337, 205749, 310104 and 1109274

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR LONG ASHTON CHARITY TRUSTEES

LONG ASHTON CHARITY TRUSTEES

Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2024

	Page
Report of the Trustees	1 to 2
Independent Examiner's Report	3
Statement of Receipts and Payments	4
Statement of Assets and Liabilities	5
Notes to the Financial Statements	6

LONG ASHTON CHARITY TRUSTEES

Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their report with the financial statements for the year ended 31 December 2024.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity numbers

Long Ashton Parochial Charity 201337 Lady Smyth's Almshouses 205749 Francis Derrick Educational Charity 310104 Chorley's Charitable Trust 1109274

Principal address

28 Keedwell Hill Long Ashton Bristol BS41 9DR

Trustees

Mr M Taylor (Chairman) Mrs CP Johnson (Vice Chairman) Reverend J Harris Mrs A Neale Mr D Milne Mr Christopher Mitchell Mr Jonathon Crutchlow Mr Derek Odey

Bankers

NatWest Bank 9 The Triangle Clevedon BS21 6NE

Independent Examiner

Matthew Bracher BSc FCA Gravita Bath House 6-8 Bath Street Bristol BS1 6HL

LONG ASHTON CHARITY TRUSTEES

Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documents

The charities are controlled by their deeds of trust and constitute an unincorporated charity.

Recruitment and appointment of new trustees

Trustees are recruited and appointed by the existing trustees.

OBJECTIVES AND ACTIVITIES

Objectives and aims

Long Ashton Parochial Charity

In May 1881 the charities of William Moryce, Sir John Smyth, Mrs Hester Fenn, Maria Bower, Mrs Mary Smyth, The Dowager La Smyth, George Whiting, Peter Maze and Elizabeth Coulton were consolidated, administered and managed by the trustees unde the title of the 'Long Ashton Parochial Charity'.

In 2005 the Charity Commission confirmed that all 9 charities are to be used for the maintenance of the Long Ashton Almshous - numbers 13,15,17,19,21,23,25 and 27 Long Ashton Road.

Lady Smyth's Almshouses

This charity is for the upkeep and maintenance of the Almshouses as listed above.

Francis Derrick Educational Charity

Income from the land owned by the charity is given to Birdwell School and Northleaze School in equal parts. The trustees sold a strip of land to Sustrans, the sum invested and the interest received given to the schools annually.

Chorley's Charitable Trust

A fund was set up in 2005 with the intention that the capital is to be invested in interest bearing deposits at the discretion of the Long Ashton Charity Trustees.

The interest is to be distributed for the upkeep of the Fabric of All Saints Church, Long Ashton, possibly at five yearly intervals after a quinquennial inspection of the Church. Whether or not the payment is made towards any particular repair is to be solely at the discretion of the Trustees of this Charity.

The Trustees have given due regard to the guidance published by the Charity Commission on Public Benefits.

ACHIEVEMENT AND PERFORMANCE

In 2024 there were no resident changes.

FINANCIAL REVIEW

Reserves

The level of reserves is kept under review by the trustees during the year and at each year end to ensure there are sufficient fund to meet unexpected expenditure. At the year end there was an overall surplus of £9,309 for the year with £245,034 held in cash assets and a market value of £361,232 held in M & G shares.

ON BEHALF OF THE TRUSTEES

Mr MRJ Taylor - Chairman 29 July 2025

LONG ASHTON CHARITY TRUSTEES

Independent Examiner’s Report to the Trustees of

FOR THE YEAR ENDED 31 DECEMBER 2024

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those 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 reached.

Matthew Bracher BSc FCA

Gravita Chartered Accountants Bath House 6-8 Bath Street Bristol BS1 6HL

29 July 2025

LONG ASHTON CHARITY TRUSTEES

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

charity number RECEIPTS Weekly maintenance contributions Ground and allotment rent Investment income - per client Donations TOTAL RECEIPTS PAYMENTS Utilities Gardening Repairs and maintenance Insurance Accounting Clerk honorarium and expenses Grants to other charities Other TOTAL PAYMENTS NET OF RECEIPTS/PAYMENTS Cash funds brought forward CASH FUNDS CARRIED FORWARD	Lady Smyth's Almshouses 205749 £ 31,115 7,195 1,119 39,429 8,980 2,973 16,633 1,884 630 1,676 353 701 33,830 5,599 186,821 192,420	Long Ashton Parochial Charity 201337 £ - 968 661 1,629 - - - - - - 1,511 - 1,511 118 - 118	Francis Derrick Educational 310104 £ - 182 257 150 589 - - - - - - 450 - 450 139 3,000 3,139	Chorley's Charitable 1109274 £ - - 3453 - 3453 - - - - - - - - - 3,453 45,904 49,357	Total 2024 £ 31,115 1,150 11,566 1,269 45,100 8,980 2,973 16,633 1,884 630 1,676 2,314 701 35,791 9,309 235,725 245,034	2023 £ 29,952 1,166 5,894 2,019
						39,031 8,021 3,038 19,549 2,377 600 1,423 2,264 472
						37,744
						1,287
						234,438
						235,725

LONG ASHTON CHARITY TRUSTEES

STATEMENT OF SIGNIFICANT ASSETS AND LIABI FOR THE YEAR ENDED 31 DECEMBER 2024

Long Ashton Lady Smyth's Parochial Almshouses Charity charity number 205749 201337 £ £ CASH FUNDS Cash funds - CCLA Deposit Fund 8,223 - Cash funds - NatWest Bank 33,234 118 OTHER MONETARY FUNDS - - 1 year bond - Skipton Building Society 59,285 - 2 year bond - Skipton Building Society - - 2 year bond - Skipton Building Society - - Skipton Community Saver 91,678 - CASH ASSETS 192,420 118 OTHER ASSETS M & G income shares at valuation 15,110 15,654 M & G accumulation shares at valuation 319,023 - COIF Property Fund 11,445 - 345,578 15,654	Long Ashton Lady Smyth's Parochial Almshouses Charity charity number 205749 201337 £ £ CASH FUNDS Cash funds - CCLA Deposit Fund 8,223 - Cash funds - NatWest Bank 33,234 118 OTHER MONETARY FUNDS - - 1 year bond - Skipton Building Society 59,285 - 2 year bond - Skipton Building Society - - 2 year bond - Skipton Building Society - - Skipton Community Saver 91,678 - CASH ASSETS 192,420 118 OTHER ASSETS M & G income shares at valuation 15,110 15,654 M & G accumulation shares at valuation 319,023 - COIF Property Fund 11,445 - 345,578 15,654	Francis Derrick Educational 310104 £ - (118) - - - 3,257 - 3,139 - - -	2023 £ 13,146 34,149 - 56,602 - 43,307 88,521
33,234	118
- 59,285 - - 91,678 192,420 15,110 319,023 11,445 345,578	- - - - - 118 15,654 - - 15,654
			235,725
			29,767 295,338 10,802
		-	335,907

The financial statements were approved by the Board of Trustees on 29 July 2025 and were signed on its behalf by:

Mr MRJ Taylor - Chairman

LONG ASHTON CHARITY TRUSTEES

STATEMENT OF RECEIPTS AND PAYMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared in accordance with the Charities Act 2011.

The financial statements are drawn up on the Receipts and Payments basis of accounting. All donations and other income are therefore accounted for when received. All expenditure is accounted for when paid.

Fund accounting

Lady Smyth's Almshouses have a common purpose as agreed with the Charity Commission.

2. TRUSTEES' EXPENSES AND RENUMERATION

There were no trustees' renumeration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.