| Objectivesandactivitie | s | |
|---|---|---|
| SORP reference | ||
| Summary ofthepurposesof | Para1.17 | 'Almshousesforpoor membersof the |
| thecharity as setoutinits | congregation meetingforreligiousworship at | |
| governing document | Christchurch. On the occasion ofavacancy | |
| for an almspersonifthereis no suitable | ||
| applicant the trustees may appoint a poor | ||
| person whoatthetimeof appointmentis a | ||
| member of a congregation of Protestant | ||
| Dissenters meetingforreligious worshipat | ||
| any chapelinor nearHitchin' | ||
| Summary ofthemain activities in relation to those |
Para 1.17 and 1"19 |
Provision of four single occupancy Almshouses to offer affordablehousing |
| purposes for the public | firstly for: people in need belonging to | |
| benefit, in particular, the | Christchurch MethodisUURC Churchin | |
| activities, projects or services | Hitchin, secondlytothose worshippingin | |
| identifiedintheaccounts, | other churches within and aroundHitchin | |
| and thirdly for anyneedyresidentofHitchin | ||
| Statement confirming | Para1.18 | The Trustees confirm thattheyhavehad |
| whether the trusteeshave | regard to Charity Commission guidanceon | |
| had regard to the guidance | public benefit | |
| issuedbytheCharity | ||
| Commission on public | ||
| benefit |
| chievements andperf | ormance | |
|---|---|---|
| Summary ofthemain | Para1.20 | All four Almshouses were fully occupied |
| achievements of the charity, | duringtheentire reportingperiod | |
| identifying the difference the | AIItheresidences are subjecttoregular | |
| charity'sworkhas made to | oversightbytrustees and ongoing | |
| the circumstances ofits | maintenance is undertaken asrequired. | |
| beneficiaries and any wider | Essential repairs and improvements set out | |
| benefitstosociety asa | in quinquennial inspections havebeen | |
| whole. | carried out. The mostrecentquinquennial | |
| tookplaceinJune2423, | ||
| Solar Panels were installed in summer2023, | ||
| coveringtheback roofofthe property. | ||
| Residents were consulted in advance about | ||
| this,werepleased with the outcomeand | ||
| noticedanimmediate reductionintheir | ||
| payments" This development hasalso | ||
| enabled themtomake a more effectiveuse | ||
| of energy | ||
| Afullrefurbishmentofthe front pavingand | ||
| frontandreargardenshasalsobeen | ||
| completed |
| Financialreview | ||
|---|---|---|
| Review of the charity's | Para1.21 | The Charityissolvent and has sufficient |
| financial positionattheend | fundsinreserves | |
| oftheperiod | ||
| Statement explaining the | Para1.22 | ln accordance with the Almshouse |
| policy for holdingreserves | Association recommendations the Charity | |
| stating why they areheld | holds reservesforCyclical Maintenanceand | |
| Extraordinary Repairs | ||
| Amountofreservesheld | Para1.22 | t161,272 |
| Reasonsforholding zero | Para1.22 | Not applicable |
| reserves | ||
| Detailsoffundmateriallyin | Para1.24 | Not applicable |
| deficit | ||
| Explanation of any | Para1.23 | Cunently there are no uncertainties about |
| uncertai ntiesabo utthe | theCharity continuing asagoingconcern | |
| charity continuingasagoing | ||
| concern |
oumay choosetoincludefurt |
her statement |
swhererelevant about. |
|---|---|---|
| Thecharity's principal | Para1.47 | The Charity's main source of funds are the |
| sources of funds (including | monthly maintenance contributions paidby | |
| any fundraising) | theresidents. | |
| Investment policyand | Para1.46 | |
| objectives including any | ||
| social investmentpolicy | ||
| adopted | ||
| Adescription oftheprincipal | Para1.46 | |
| risks facing the charity | ||
| Other |
| Description of charity's | ||
|---|---|---|
| trusts: | ||
| Para1.25 | Trust deed. Charity Commission Scheme | |
| sealed on6thApril1971and amendedon | ||
| 15thMay1972 | ||
| Howisthe charity | Para1.25 | Unincorporated |
| constituted? | ||
| iii:i.':-..i:::i','::i'.:irti:i:':its,.i.i...:i,iI :r:i-:i"::':!i, | ||
| .r.:i;ii-:i..:i:J i..::--:i',*:.+ij,:ii,:,:tsij,::i,:,:l_ ii.;,, | ||
| :r\ir- -: |
||
| i:..o. I i..-" | ||
| Trustee selection methods | Para1.25 | Selection of trusteesinaccordance with |
| including details of any | GovemingDocument | |
| constitutional provisionse,g | ||
| electiontopostornameof | ||
| any person or body entitled | ||
| to appoint one or more | ||
| trustees |
| Reference andadminis | trative details |
|---|---|
| Charitv name | Simpson's Almshouses |
| Othernamethecharitvuses | |
| Registered charity number | 20s950 |
| Charity's principaladdress | Office Address: |
| 93,WestHill | |
| Hitchin | |
| Hertfordshire |
| ame | s ofthe charity trust | ees whomanage | the charity | |
|---|---|---|---|---|
| Trusteename | Office(ifany) | Datesacted if not for whole year |
Nameofperson(or body) entitled to appoint trustee (ifany) |
|
| Pauline Edwards | Trustees are appointed ata | |||
| quorate meeting of the | ||||
| 1 | Trustee body, having been | |||
| given appropriate notice | ||||
| 2 | VicEvans | Treasurer | ||
| 3 | John Brooksbank | Retired06/0312024 | ||
| 4 | Roger de Ste Croix | Chair | ||
| 5 | Don Spivey | |||
| 6 | BernardHiggs | |||
| 7 | JackieHamilton | |||
| I | JacquiHamilton | |||
| I | Peter Trussell | |||
| 10 | ||||
| 11 | ||||
| 12 | ||||
| 13 | ||||
| 14 | ||||
| 15 | ||||
| 16 | ||||
| 17 | ||||
| 18 | ||||
| 19 | ||||
| 2A |
| undsheldascustodia | n trustees |
|---|---|
| Description of the assets | None |
| heldinthis capacity | |
| Name and objectsofthe | Not Applicable |
| charityonwhose behalf the | |
| assets are held andhowthis | |
| falls withinthecustodian | |
| charity's obiects | |
| Detailsofarrangements for | Not Applicable |
| safe custodyand | |
| segregation of such assets | |
| fromthecharity's own assets |
| General | Cyclical | Emergency | ||
|---|---|---|---|---|
| Fund | Repairs | Repairs | Combined | |
| lncome | 26,418.92 | 26,4r8.92 | ||
| Transfers | 0.00 | 4,016.00 | 6,000.00 | L0,0L6.00 contra |
| Expend iture | (4,076.79l, | (3,659.40) | 0.00 | (7,746,L9l, |
| Transfers | (10,016.00) | (L0,016.00) contra | ||
| NetMovementinYear | L2,326.L3 | 346.60 | 6,000.00 | 18,672.73 |
| Balancesb/fd | 62,6L0.7L | L3,542.56 | 66,446.0L | t42,599.28 |
| Balancesc/fd | 74,936.94 | 13,889.L6 | 72,446.01, | 16L,272.0t |
| General | CyclicaI | CyclicaI | Emergency | ||
|---|---|---|---|---|---|
| Fund | Repairs | Repairs | Combined | ||
| lncome | 24,902.74 | 24,902,74 | |||
| Transfers | 0.00 | 4,016.00 | 7,125.00 | 11,141.00 contra | |
| Expenditu re | (35,363.89) | (980.oo) | 0.00 | (36,343.89) | |
| Transfers | (6,572.00) | (6,572.00) contra | |||
| Net MovementinYear | (17,033.15) | 3,036.00 | 7,L25.O0 | (6,872.L5) | |
| Balancesbltd | 79,643.86 | 10,506.56 | 63,990.01 | 154,040.43 | |
| Balancesclfd | 62,6L0.71 | L3,542.56 | 7t,ot'.ot | L47,168.28 |
| 2024 | 2023 | ||
|---|---|---|---|
| 1)GeneralFund | |||
| RECEIPTS | |||
| ResidentsWMC | 25,488.00 | 23,484.04 | |
| M&G | 0.00 | 000 | |
| lnterest - Majorie Woods Account | 707.89 | 794.59 | |
| Prayer Gr | 0.00 | 000 | |
| COIF | 0.00 | 0.00 | |
| Rent Land | 30 00 | 25.00 | |
| CRF | 0.00 | 000 | |
| ERF | 0.00 | 0.00 | |
| ReslnsRepay | 25.00 | 24.15 | |
| Legacies | 0.00 | 500.00 | |
| Other | 168.03 | 75.00 | |
| TOTAL INCOME | 24,94i | ||
| PAYMENTS | |||
| lnsurance | 732.94 | gB576 | |
| WaterRates | 592.97 | 366 30 | |
| Lych Gate Lighting | 120.66 | 0.00 | |
| TVLicence | 7.50 | 7.50 | |
| Other Work and Repairs Horizon | 900.00 | 890.00 | |
| Maintenance&Repairs | 539.79 | 1,300.00 | |
| Annual TransfertoCyclical Maintenance Fund | 4,416.00 | 4,016.00 | |
| Annual TransfertoExtraordinary Repair Fund | 6,000.00 | 2,556.00 | |
| Payments made on behalfofResidents | 0.00 | 0.00 | |
| Council Tax and Electrity on Empty House | 0.00 | 0.00 | |
| Other Expenses | 1,182.93 | 64.33 | |
| Solar Panels installed TOTAL EXPENDITURE |
0.00 | rc | 31 00 |
| GeneralReselves,' | |||
| Net receipts for Year ADDBalanceblt1stJanuary BALANCE 31ST DECEMBER |
12,326.13 62,610.71 74,936.84 |
(17,033. 15) 79,643.86 62,610.71 |
| 2A24 | 2A23 | ||||
|---|---|---|---|---|---|
| 2)Cyclical Maintenance Fund | |||||
| Balance BroughtFonryard | 13,542.56 | 10,506.56 | |||
| Annual Transfers from Revenue | |||||
| Recommended amaunt | per dwelling | Itl,oo4.ool | 4,016.00 | 4,016.00 | |
| Quinquennialpayments | made | (3,669.40) | (e80.00) | ||
| Balance Carried Fonvard | 13,889.16 | 13,542.56 | |||
| Reserves made up of: | |||||
| GeneralReserues | 74,936.84 | 62,614.71 | |||
| Cyclical MaintenanceFund | 13,889.16 | 13,542.56 | |||
| TOTAL RESERVES | 88,826.00 | 76,153.27 | |||
| Representedby: | |||||
| Barclays Current Account | 14,783.O3 | 6,818.19 | |||
| Marjorie Wood Account | 14,524.32 | 13,816.43 | |||
| Cost of COIF Accumulation units | 59,035.65 | 55,035.65 | |||
| Accruals/Receivables | 483.00 | 483.00 | |||
| 88,826.00 | 76,153.27 | ||||
| check | 0.00 | 0.00 | |||
| COIFAccumulationunits | |||||
| CostofUnitsb/fd | 55,035.65 | 50,859.65 | |||
| Unitspurchasedduring | year | 4,000.00 | 4,176.00 | ||
| Units disposed of duringyear | 0.00 | 0.00 | |||
| CostofUnits clfd | 59p3565 | 55,035.65 | |||
| Unitsb/fd | 249.39 | 232.34 | |||
| Added during year | 15.11 | 17.09 | |||
| Disposed of during year | 0.00 | ||||
| Units c/fd | 264.50 | ||||
| Mid Market price at 31st December | 26,061.56 | 24,800.03 | |||
| Value | 68,933.1? | 61,848.79 | |||
| 3)Emergency Repair | Fund | ||||
| CostofUnitsb/fd | 66,446.01 | 63,890.01 | |||
| Units purchased duringyear | 6,000.00 | 2,556.00 | |||
| Units disposed of duringyear | 000 | 0.00 | |||
| CostofUnits c/fd | 72,446.41 | 66,446.01 | |||
| lnterest | |||||
| AssetsHeld: | Units | Added | Price | Value31112t2024 | |
| No 1ERF | a024002711 | 880.225 | 3,822.99 | t121.0714 | 106,570.A7Lastyear-831.404 units |
| No 2 N Fields | aa24aa27 12 | 1.358 | 6.25 | 8121-A7M | 164.41 |
| No 3 M Carter | aa24aa2713 | 20.546 | 1121.0714 | ||
| TOTAL | gazl29 | .65 |
| Section A | lndependent Examiner'sReport |
|---|---|
| Reportto the trustees | l"-!^,i,:-ri'i.- r-,,.1r-ili--: 'lj',I n'r{i iF-:tf; tsLft,1e4s'Hsr*:i-&ffi-s, |
| Onaccountsforthe year ended |
Blgrrk,'&*A ;4 Charityno (ifany) rumfftS:-s |
| Setout onpages | |
| i:,f,rl-r.fr:ili.ic,-i:i:;ii-ii-;li-iiii:ii;;:rlrii-i'3 iiLiil^r:.:,il'"ii'tirjr:iiiii,i;-il:ii:.li.i:ioJ | |
| I report to the trustees onmyexamination of the accountsoftheabove | |
| charity ("the Trust") for the year ended | |
| Responsibilitiesand | Asthecharity's trustees, you are responsibleforthepreparationofthe |
| basis of report | accountsinaccordance with the requirementsoftheCharities Act2011 |
| ("the Act"). | |
| Ireport in respect of my examination of the Trust's accounts carried out | |
| under section145 ofthe2011Act and in carryingoutmyexamination,I | |
| have followedallthe applicable Directions givenbytheCharity Commission | |
| undersection145(5Xb)of the Act. | |
| lndependent examine/sstatement |
[Thecharity's gross income exceeded €250,000andIamqualified to undertaketheexamination by being a qualified member of [insert nameof applicable listedbodyll.Deletellitnot applicable. |