Hugh Boscawen Charity
Report to the Charity Commission 2023
The Trustees are pleased to report that the largest project they had undertaken in 100 years has been completed. The works were recommended in our last quinquennial inspection in 2016 and on the advice of their Conservation Architect Scott and Company, they are arranged to put the works out for tender, to replace the slate roof and raise one chimney to the ground and rebuild and re-point the 4 chimneys.
The tender (gure of £90,488.96 was accepted and the contractors were informed. We then had the delay because of covid which delayed the start until late 2021 and completed in the middle of 2023.
Trustees’ biggest problem was raising the funds for the works, they applied for a loan from the NAA, which was successful, draw down capital from their ERF funds with M&G investments, then using surplus monies in our Lloyds Bank Business account for running costs.
The Charity can report that all the letting accommodation is occupied so given them an income for general maintenance. The (nal outstanding works will be the decoration of the external of the property with an to complete in 2024.
HUGH BOSCAWEN CHARITY ALMSHOUSES TREGONY
HUGH BQSCAWEN CHARITY ALMSHOUSES Rae8W artd pawY acLounts For the period 01.01.2023 to 31.12.2023 R8nl recei m1 of w8t¢r ¢h8 345 NAA Loan NAICIF Dividènd 638 RefulSh No 16 Total rncelpts 34.372 ments Treasurer Trea5urerfs 8nses 718 Adrt Premi r• airs & ard&ni 9679 Rool Re airs Hlre costs Insur¥nL* TV Lkense 23 CouncAI Tax Accountant 110 Wate( Ratès 430 E¢tri¢ 561 Re Totsl YMr 92.520 Net of re¢elptsl(p4ym•nts) -68,148 Transfor tts M&G Chari Multi Asset Fund NAA Loan R ment C¥sh fvnds last Cash frjnds Ihis ygar eThd 46.026
UNTArS REPOR I have pr¢par8d. wthout aurt. the attached R&¢el)tG w)d Payt))enl$ Accounl from the accounlng records of th? Chatyand •xpL4nations suppl*d to me. l that tt)e Acwjnts 8re curectty drawn up In accordanc• ther0vth. ,/1 ds- Noalina Hartson 2 Whèal Bntow& Trelion Grampound Road Comwall TR2 4ES 24107121r24