## 

## 

## 

|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<br>activities in relation to those|Para 1.17 and<br>1"19|Provision of four single occupancy<br>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|||



## 

|<br>oumay choosetoincludefurt|<br>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-<br>-:|||
|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<br>year|Nameofperson(or body) entitled<br>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<br>TOTAL EXPENDITURE|0.00|rc|31<br>00|
|GeneralReselves,'||||
|Net receipts for Year<br>ADDBalanceblt1stJanuary<br>BALANCE 31ST DECEMBER|12,326.13<br>62,610.71<br>74,936.84||(17,033. 15)<br>79,643.86<br>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.-<br>r-,,.1r-ili--:<br>'lj',I n'r{i<br>iF**-:tf;** *tsLft,1*e4s'Hsr*:i-&ffi-s,|
|Onaccountsforthe year<br>ended|Blgrrk*,'&**A ;4<br>Charityno<br>(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<br>examine/sstatement|[Thecharity's gross income exceeded €250,000andIamqualified to<br>undertaketheexamination by being a qualified member of [insert nameof<br>applicable listedbodyll.Deletellitnot applicable.|