| Trustees | RJKerr(Chairman) | |
|---|---|---|
| EWHClark | ||
| MrsLPhillips | ||
| GHolmes | ||
| Rev E Hanshaw | ||
| RevHABryan | ||
| HWilson | (Appointed 26 September | |
| 2023) | ||
| Charity number | 205825 | |
| lndependent examiner | Moore (South)LLP | |
| 33The ClarendonCentre | ||
| Salisbury BusinessPark | ||
| Dairy MeadowLane | ||
| Salisbury | ||
| \Mltshire | ||
| SP1 2TJ | ||
| Bankers | HSBCBank | |
| 81TurnersHill | ||
| Cheshunt | ||
| EN89BA |
| TheTrusteesduringthe yearandtheir appointing | bodywhereappropriatewere: |
|---|---|
| RJKerr(Chairman) | |
| EWHClark | |
| MJ Braithwaite(ViceChairman) | (Resigned26 September 2023) |
| Mrs L Phillips | |
| GHolmes | |
| Rev E Hanshaw | |
| RevHA Bryan RElla HWilson |
(Resigned26September2lZ3) (Appointed26 September 2023) |
| MissLRussell(Clerk&Receiver) | Appointedby theTrustees1June 2018and |
| retainedon a monthly fee |
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| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | I | t | f, | s | |
| Fixedassets | |||||
| Tangibleassets Investments |
12 13 |
1,032,030 1,554,665 |
1,032,030 1,505,397 |
||
| 2,586,695 | 2,537,427 | ||||
| Current assets | |||||
| Debtors | 14 | 1,898 | 3,986 | ||
| Cashat bankandin hand | s8,864 | 65,754 | |||
| 60,762 | 69,740 | ||||
| Greditors: amountsfallingduewithin oneyear |
15 | (20,e32) | (1e,603) | ||
| Netcurrent assets | 39,830 | 50,137 | |||
| Totalassets less currentliabilities | 2,626,525 | 2,587,564 | |||
| NetassetsexcludingpensionIiability | 2,626,525 | 2,587,564 | |||
| Thefunds of the charitY | |||||
| Endowmentfunds | 17 | 378,890 | 378,890 | ||
| Restrictedincomefunds | 18 | 145,540 | 136,818 | ||
| Unrestrictedfunds | 2,102,095 | 2,071,856 | |||
| 2,626,525 | 2,587,564 |
| Freehold | landandbuildings | See below |
|---|---|---|
| Fixtures | andfittings | 10%Straightlinebasis |
| ncomefr | omdonations and legacies | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| 2024 | 2023 | ||
| I | s | ||
| Donations | andgifts | 6,443 |
| lncomefrom | charitableactivities | |||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| funds | funds | |||
| 2024 | 2023 | |||
| f, | 0 | |||
| Contributions | fromoccuPiers | 200,088 | 180,262 |
| ncome | frominvestm | ents | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted funds 2024 € |
Restricted funds 2024 E |
Tota!Unrestricted funds 2024 2023 g€ |
Restricted funds 2023 s |
Total 2023 € |
|||
| Unlisted lnterest |
securities receivable |
32,738 18,856 |
5,691 | 38,429 18,856 |
31,083 17,850 |
5,136 | 36,219 17,850 |
| 51,594 | 5,691 | 57,285 | 48,933 5,136 | 54'069 |
| Expenditure on charitabl | eactivities | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds | funds | funds | funds | |||
| Directcosts | 2024 e |
2024 t |
2024 t |
2023 f, |
2023 E |
2023 € |
| Staffcosts | 1,382 | 1,382 | ||||
| Repairsand maintenance | 51,341 | 126,845 | 178,186 | 57,534 | 79,711 | 137,245 |
| Rates andwater | 7,914 | 7,914 | 7,858 | 7,858 | ||
| lnsurance | ||||||
| Lightand heat Office costs |
4,497 42,151 21,181 |
4,497 42,151 21,181 |
3,915 45,945 20,219 |
3,915 45,945 20,219 |
||
| Careline support costs | 7,169 | 7,169 | 6,027 | 6,027 | ||
| Bankcharges | 124 | 124 | 124 | 124 | ||
| 134,377 126,84s | 261,222 143,00479,711 | 222,715 | ||||
| Shareofsupportandgovernancecosts(see note7) | ||||||
| Support Governance |
1,301 5,909 |
1,301 5,909 |
1,320 12,780 |
1,320 12,780 |
||
| 141,s87126,84s | 268,432 | 157,10479,711 | 236,815 | |||
| Analysisbyfund | ||||||
| Unrestricted funds | 141,587 | 141,587 | 157,104 | 157,104 | ||
| Restrictedfunds | 126,845 141,587126,845 |
126,845 ,=,r" |
79,711 157,10479,711 |
79,711 236,815 |
| The average monthly number of employees duringth | e year was: | |
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| 1 | ||
| Employmentcosts | 2024 | 2023 |
| t | t | |
| Wagesand salaries | 1,382 |
| Gainsand losses on investments | Gainsand losses on investments | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TotalUnrestricted | Restricted | Total | |||
| funds | funds | funds | funds | ||||
| Gains/(losses) arisingon: | 2024 t |
2024 I |
2024 €s |
2023 | 2023 t |
2023 t |
|
| Revaluationof | |||||||
| investments | 40,546_ | 3,031 | 43,577_ | (113,408) | (2,838) | (116,246) | |
| Saleof investments | (42) | _@4 | |||||
| 40,546 | 3,031 : |
: | 43,577 | (113,408) | 11ry) | q93) |
| Tangiblefixed assets | |||
|---|---|---|---|
| FreeholdlandFixturesand andbuildings fittings Ig |
Total g |
||
| Cost At 26March 2023 |
1,032,030 | 1,3501,033,380 | |
| At 25 lt/arch2024 | 1,032,030 | 1,3501,033,380 | |
| Depneciationand imPairment At 26March 2023 |
1,350 | 1,350 |
|
| At 25March 2024 | 1,350 | 1,350 |
|
| Carrying amount Al25March 2024 |
1,032,030 | 1,032,030 | |
| At 25March 2023 | 1,032,030 | 1,032,030 |
| The AncienUDeweyAlmshouses1'6,I-14 TheAlmshouses, TurnersHill,Cheshunt TheWar MemorialHomesofRest15-20 TheAlmshouses, TurnersHill,Cheshunt NortonAlmshouses 21-22The Almshouses,TurnersHill,Cheshunt The AnsteeAlmshouses 23-26 TheAlmshouses,TurnersHill,Cheshunt Xing George V JubileeAlmshouses 1- 2HomeleighCourt, Churchgate, Cheshunt miWar MlmorialAlmshouses3-4HomeleighCourt, Churchgate, Cheshunt Almsflats 5-16HomeleighCourt, Churchgate, Cheshunt |
|---|
| Details ofthe movementsduringthe yeara | re asfollows:- | re asfollows:- |
|---|---|---|
| CostNet BookValue | ||
| tt | ||
| Churchoate Development | ||
| At 25 March 2022and25March2023 | s57,616 | 557,616 |
| HousingCorporationGrant | (242,595) | (242,595) |
| TurnersHill At25 March 2022and25March2023 |
717,009717,009 | |
| Total | ||
| At 25March 2023 | 1.032,030 | 1,032.030 |
| At25March 2022 | 1.032.030 | 1.032.030 |
| Fixedasset investments | ||
|---|---|---|
| Listed | ||
| investments | ||
| E | ||
| Costorvaluation | ||
| At 26March 2023 | 1,505,397 | |
| Valuation changes | 43,577 | |
| AdditionsM&GAcc shares | 5,691 | |
| Al25March2024 | 1,554,665 | |
| Carrying amount | ||
| At 25March2024 | 1,554,665 | |
| At 25March 2023 | 1,505,397 | |
| 2024 | 2023 | |
| lnvestmentsatfair valuecomprise: | t | € |
| Fixed- interest investmentsatvaluation | 428,715 | 442,680 |
| COIFCharitiesFund- lnvestmentincomefund | 521,773 | 473,509 |
| COIF CharitiesFund-FixedinterestFund | 46,465 | 43,651 |
| NAACIF-Accumulation shares | 145,540 | 136,818 |
| NAACIF-lncome shares | 412,172 | 408,739 |
| 1,554,665 | 111Y |
inthe financial review and investmentpolicysections ofthe Trus |
tees'AnnualReport. |
||
|---|---|---|---|
| 14 | Debtors | ||
| Amountsfallingduewithinoneyear: | 2024 E |
2023t | |
| Other debtors | 2,471 | ||
| Prepayments and accrued income | 1,898 | 1,515 | |
| 1,898 | 3,986 |
| Creditors: amountsfallingduewithinoneyear | ||
|---|---|---|
| 2024 | 2023 | |
| E | s | |
| Othercreditors | 16,900 | 15,793 |
| Accrualsanddeferredincome | 4,032 | 3,810 |
| 20,932 | lr,tI |
income.Any capitalgainsor losses arisingontheass |
etsformpartof thefund. |
||
|---|---|---|---|
| At26 March | At25 | March | |
| 2023 | 2024 | ||
| s | I | ||
| Permanentendowments | |||
| 378,890 | 378,890 | ||
| : | |||
| Previousyear: | At26 March | At25 | March |
| 2022f | 2023t | ||
| Permanentendowments | |||
| 11t* | 378,890 |
| balancesoffunds | held ontrust for |
specificpurposes |
: |
|||||
|---|---|---|---|---|---|---|---|---|
| At26March 2023 e |
lncoming resources fI |
Resources expended |
Transfers t |
Gainsand losses t |
At | 25March 2024 I |
||
| Extraordinary RepairFund |
115,648 | 5,691 | (126,845)126,845 | 3,031 | 124,370 | |||
| Cyclical Maintenance Fund |
21,170 | 21,170 | ||||||
| 136,8'18 | 5,691 : |
(126,845) : |
126,845 | 3,031 | 145,540 : |
|||
| Previousyear: | At26 March 2022 f, |
lncoming resourcest |
Resources expendedt |
Transfers s |
Gainsand losses t |
At | 25March 2023 f, |
|
| Extraordinary RepairFund |
151,350 | 4,370 | (37,582) | (2,490) | 115,648 | |||
| Cyclical | ||||||||
| Maintenance Fund |
22,586 | 766 | (79,711)77,919 | __iro) | 21,170 | |||
| 173,936 | 5,136 | (79,711)40,337 |
: | (2,880) | 136,818 |
| Unrestrictedfund | s | ||||||
|---|---|---|---|---|---|---|---|
| At26March | lncoming | Resources | Transfers | Gainsand | At25 | March | |
| 2023 0 |
resources f |
expended t |
t | losses I |
2024 0 |
||
| Generalfunds | 2,071,856 |
258,125 | (141,587) | (126,845) | 40,546 | 2,102,095 | |
| : | : | : | : | ||||
| Previous year: | At26March | lncoming | Resources | Transfers | Gainsand | At25 | March |
| Generalfunds | 2022 € 2,153,510 |
resourGes t 229,195 : |
expended t (157,104) |
I (40,337) |
losses f lI1o') |
2023 f, ,,*,:= |
| Analysisofnetassetsbetweenfun | ds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |
| funds | funds | funds | ||
| 2024 t |
2024 € |
2024f | 2024 t |
|
| At2SMarch2024: | ||||
| Tangible assets lnvestments |
1,032,030 1,030,235 |
145,540378,890 | 1,032,030 1,554,665 |
|
| Currentassets/(liabilities) | 39,830 | 39,830 | ||
| 2,102,095 145,540378,890 | 2,626,525 | |||
| Unrestricted | Restricted | Endowment | Total | |
| funds | funds | funds | ||
| 2023 t |
2023I | 2023 E |
2023 € |
|
| At25March2023: | ||||
| Tangibleassets | 653,140 | 378,890 | 1,032,030 | |
| lnvestments | 1,368,579 | 136,818 | 1,505,397 | |
| Current assets/(liabil ities) | 50,137 | 50,137 | ||
| ,,*,:, | 136,818 | 378,890 | 2,587,564 |