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2022-12-31-accounts

ObiectivesandActiviti es es
SORPreference
Summary ofthepurposesof Para1.17 'Almshousesforpoor mernbers of the
thecharity as setoutinits congregationmeetingforreligiousworship
governing docurnent at Christchurch. Ontheoccasion ofa
vacancyforanalmspersonifthereisno
suitableapplicant thetrusteesmay appoint
a poorpersonwhoatthetime of
appointmentisamember of a congregation
ofProtestant Dissenters meetingfor
religiousworshipat anychapelinornear
Hitchin'
Summaryofthemain
activitiesin relationtothose
Para1.
and1.1
17I Provision of4 singleoccupancy
Almshouses tooffer affordable housingfor
purposes forthepublic firstly:people inneedbe[snging to
benefit,inpafiicular,the ChristchurchMethodist/URc Churchin
activities, projects or Hitchin, secondly tothosevuorshippingin
servicesidentifiedinthe other ChurcheswithinandaroundHitchin,
accounts. and thirdlyfor anyneedy residentofHitchin
Statement confirming Para1.18 TheTrusteesconfirm thattheyhavehad
whether thetrusteeshave regard totheCharity Commission guidance
had regard totheguidance onpublic benefit
issuedbytheCharity
Commissionon public
benefit
Statement confirming
whether thetrusteeshave
had regard totheguidance
issuedbytheCharity
Commissionon public
benefit
Para1.18
Statement confirming
whether thetrusteeshave
had regard totheguidance
issuedbytheCharity
Commissionon public
benefit
Para1.18
TheTrusteesconfir
regard totheCharity
onpublic benefit
Additional information{optional}
You
Ch
whererelevantabout:
SORP
reference
Policy ongrantmaking Para1.38
Policy on social investment
including prograrn related Para1.38
investment
Contributionmadeby Para1.38
volunteers
Other

SORPreference
Summaryofthemain Para1,20 ThreeAlmshouseswerefullyoccupied
achievementsofthecharity, duringthe entirereportingperiod. A
identifyingthedifference the vacancy wassuccessfullyfilled infinewith
charity's workhas made to therequirements oftheGoverning
thecircumstancesofits Document
beneficiaries and anywider All theproperties are subjecttoregular
benefitstosocietyasa oversightandongoing maintenance.
whole. Essential repairsandimprovementssetout
inquinguennial inspectionshave been
carriedout.Afullrefurbishmentofthe front
paving andfrontand rear gardens was
completed. Thevacantproperty was
redecorated and other essentialwork
undertakenprior tothe newresident taking
up occupancy
Wehave been evaluatingthepossibilityof
installingsolarpanels.

Additional informatlon(optional) Additional informatlon(optional)
You
choosetoincludefurtherstatementswhererelevant about:
Achievementsagainst Para1.41
objectives set
Performance offundraisi ng Para1.41
activities against objectives
set
Investment performance
against objectives
Para1.41
Other

FinancialReview
Review ofthecharity's Para1,21 The Charityissolventand has sufficient
financialpositionattheend fundsin reserves
oftheperiod
Statement explaining the Para1.22 lnaccordancewiththe Almshouse
policyforholding reserves AssociationrecommendationstheCharity
statingwhy they areheld holdsreservesfor CyclicalRepairsand
Emergency Repairs
Amount ofreservesheld Para1.22 8154,040
Reasonsforholding zero Para 1.22 Not applicable
reserves
Details offundmateriallyin Para1.24 Not applicable
deficit
Explanation of any Para1.23 Currentlythere areno uncertainties about
uncertainties about the theCharity continuing as a going concern
charity continuing as a going
concern
Additional information(optional)
You
choosetoincludefurtherstatements
where relevantabout:
The charity'sprincipal Para1.47 The Charity'smainsourceoffundsare the
sources offunds(including weeklymaintenancecontributionspaidby
any fundraising) theresidents,ltalso received a substantial
bequest duringthe year
Investment policyand Para1.46
objectivesincluding any
socialinvestmentpolicy
adopted
Adescription oftheprincipal Para1.46
risksfacing thecharity
Description of charity's
trusts:
Typeof governing document Para1.25 Trust deed. CharityCommission Scheme
sealed on6thApril1971andamendedon
1sthMay1972
Howisthecharity Para1.25 Unincorporated
constituted?
,,
,i
Trustee selectionmethods Para1.25 Selectionoftrusteesin accordance with
includingdetails ofany governing document
constitutionalprovisionse.g.
electiontopostornameof
anypersonorbody entitled
toappoint one or more
trustees
includingdetails ofany
constitutionalprovisionse.g.
electiontopostornameof
anypersonorbody entitled
toappoint one or more
trustees

governing document
includingdetails ofany
constitutionalprovisionse.g.
electiontopostornameof
anypersonorbody entitled
toappoint one or more
trustees

governing document
Additional information(optional)
You
choosetoinclude
statementswhererelevant about:
Policiesandprocedures Para1.51
adopted fortheinduction
andtrainingoftrustees
The charity'sorganisational
structureand anywider Para1.51
networkwithwhich the
charity works
Relationshipwith anyrelated Para1.51
parties
Other

Referenceand Admini strative details
Charityname Simpson's Alrnshouses
Othernamethe charityuses
Registered charity number 205950
Charity'sprincipal address Office Address:
93,WestHill
Hitchin
Hertfordshire
SGs2HX
me sof the charity trust eeswhomanageth e charity
Trusteename Office (ifany) Datesactedifnot for whole
year
Nameof person (or body) entitled
to appoint trustee (ifany)
Pauline Edwards Trusteesare appointed ata
quoratemeetingofthe
1 Trustee body,having been
givenappropriatenotice
2 VicEvans Treasurer Existing Trustee
Treasureralf2lAZl22
3 JohnBrooksbank
4 Roger de Ste Croix Chair
5 Don Spivey
6 BernardHiggs
7 JackieHamilton
I JacquiHamilton
I Peter Trussell
10
11 Elizabeth Burton Ex -Treasurer 1t01t22-2t02t22
12
13
14
15
16
17
18
19
2A
ameoftrusteesholdi ng titletoproperty belongingto thech
Trusteename Datesactedifnot for wholeyear
None
Funds heldascustodian trustees onbehalfof others Funds heldascustodian trustees onbehalfof others
Descriptionoftheassets None
held inthiscapacity
Name andobjectsofthe Not applicable
charity onwhosebehalf the
assetsareheldandhow this
fallswithin thecustodian
charity'sobjects
Detailsofarrangementsfor NotApplicable
safe custodyand
segregationof such assets
fromthe charity'sown
assets

$igned onbehalf ofthe charity's trustees
$ignature{s} K'$fuffitu*...L $/fu-k
Fullnarne{s} Lcr.saQwtr-.$srr\cka*cQch( v
Positionteg Secretary,
Chair, etc)
c
c.--
ftUr"ii{E-iE,
Date \s

SIMPSON'S ALMSHOUSES - STATEMENT OF ACCOUNTS

For 12 months ending 31st December 2022

1) General Fund
RECEIPTS
ResidentsWMC
M&G
Prayer Gr
COIF
Rent Land
CRF
ERF
Res Ins Repay
Legacy - Majorie Wood
TOTAL INCOME
PAYMENTS
Insurance
Water Rates
Lych Gate Lighting
TV Licence
Other Work and Repairs Horizon
Maintenance & Repairs
Annual Transfer to Cyclical Maintenance Fund
Annual Transfer to Extraordinary Repair Fund
Payments made on behalf of Residents
Council Tax and Electrity on Empty House
Other Expenses
Loss realised on investments
TOTAL EXPENDITURE
General Reserves:
Net receipts for Year
ADD Balance b/f 1st January
BALANCE 31ST DECEMBER
2022
22,774.00
0.00
0.00
0.00
25.00
0.00
0.00
41.64
25,499.84
48,340.48
665.59
571.77
249.59
15.00
720.00
1,824.29
4,016.00
7,125.00
0.00
0.00
220.81
6,489.36
21,897.41
26,443.07
53,200.79
79,643.86
2021
20,175.00
39.50
0.00
0.00
25.00
0.00
0.00
104.17
0.00
20,343.67
679.13
841.16
109.41
15.00
815.00
680.68
3,416.00
5,300.00
0.00
0.00
46.43
0.00
11,902.81
8,440.86
44,759.93
53,200.79

Book 1 Payments,Inc SOA

STATEMENT OF A/Cs

2) Cyclical Maintenance Fund
Balance Brought Forward
Annual Transfers from Revenue
Recommended amount per dwelling
£1,004.00
Quinquennial payments made
Balance Carried Forward
Reserves made up of:
General Reserves
Cyclical Maintenance Fund
TOTAL RESERVES
Represented by:
Barclays Current Account
Marjorie Wood Account
Cost of COIF Charities Fixed Interest Fund accumulation units
Cost of COIF Accumulation units
Accrua;s/Receivables
check
COIF Charities Fixed Interest Fund accumulation units
Cost of Units b/fd
Units purchased during year
Units disposed of during year - proceeds
Units disposed of during year - Profit/(Loss)
Cost of Units c/fd
Units b/fd
Added during year
Disposed of during year
Units c/fd
9,996.28
4,016.00
(3,505.72)
10,506.56
79,643.86
10,506.56
90,150.42
13,785.93
25,021.84
0.00
50,859.65
483.00
90,150.42
0.00
52,599.01
0.00
(46,109.65)
(6,489.36)
0.00
5,705.43
0.00
(5,705.43)
0.00
22,707.47
3,416.00
(16,127.19)
9,996.28
53,200.79
9,996.28
63,197.07
10,115.06
0.00
52,599.01
0.00
483.00
63,197.07
0.00
48,899.01
3,700.00
0.00
0.00
52,599.01
5,314.37
391.06
0.00
5,705.43

Book 1 Payments,Inc SOA

STATEMENT OF A/Cs

Mid Market price at 31st December
Value
COIF Accumulation units
Cost of Units b/fd
Units purchased during year
Units disposed of during year
Cost of Units c/fd
Units b/fd
Added during year
Disposed of during year
Units c/fd
Mid Market price at 31st December
Value
3) Emergency Repair Fund
Cost of Units b/fd
Units purchased during year
Units disposed of during year
Cost of Units c/fd
Assets Held:
No 1 ERF
24002711
No 2 N Fields
24002712
No 3 M Carter
24002713
TOTAL
Units
807.918
2,885.00
1.358
5.30
20.546
79.99
829.822
2,970.29
Interest
Added
0.00
0.00
0.00
50,859.65
0.00
50,859.65
0.00
232.30
0.00
232.30
22,038.78
51,196.09
56,765.01
7,125.00
0.00
63,890.01
Price
£105.531
£105.531
£105.531
932.11
53,180.88
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
51,465.01
5,300.00
0.00
56,765.01
Value 31/12/2022
85,260.31 Last year - 741.093 units
143.31 .
2,168.24
87,571.86

Interest totalling £2,970 (compared with £2,248) was not distributed, is retained in the fund and reflected in the price of the units.

Book 1 Payments,Inc SOA

STATEMENT OF A/Cs