CHARITY REGISTRATION NUMBER: 206368 Jesus Hospltal Unaudited Flnanclal Statements 29 September 2023 Chartered accountants Camburgh House 27 New Dover Road Ganterbury Kenl CT13DN
Jesus Hospital Flnanclal Statemenls Year ended 29 September 2023 Page Trustees, annual report Independent examiner's report lo the trustees Statement of financial activitlgs Stalemenl of financial position Notes to the financial statements The lollowlng pages do not form part of the flnanclal statements Detailed statement of financial activities 15 Notes to the detailed statement of financial activities 16
Jesus Hospltal Trustees, Annual Report Year ended 29 September 2023 The Iruslees present their report and the unaudited financial statements of the charity for the year ended 29 September 2023. Reference and admlnlstrallve dela118 Reglstered charlty name Jesus Hospital Charlty reglslratlon number 206368 Prlnclpal offlce Jesus Hospital Sturry Road C2nlerbury Kent CT1 1BS The trustees Councillor Anne Dekker The Very Reverend Dr David Monleilh Councillor G Glover Lord Mayor Jean Butcher The Venerable Dr William Adam Councillor P A Todd (Reslgned 1 May 20231 IAppointed 15 December 20221 (Appolnled 1 May 2023} A8soclate Trustees Mr. Colln Spooner Mr Andrew Webster Mrs. Anne Dekker (Appcslnted 1 May 2023} Independent examlner Mr Simon Bailey Mmath FCA CTA Camburgh House 27 New Dover Road Canterbury Kent CT1 3DN Slru¢ture, gov&man¢8 and management The Trustees meet al suitable intervals during the year lo consider the management of the Hospital. Oblecllves of th9 charlty The Charity was formed lo provide dmshouses and pensions for 17 poor persons ol either sex, married OT unmarried and being members ol Ihg Church of England ol whom, as nearly as possible, six shall be women and eleven shall be men. Almspeople and pensionors shall have resided in the City of Canterbury as constituted from lime lo lime. and shall be persons ol not less than 55 years of age.
Jesus Hospital Trustees, Annual Report IcoNRfinued? Year ended 29 September 2023 Revlew of the year J8sus Hospital is an Almshouse charity which provides accommodation in the form ol one and two bedroomed Ilals for elderly people who come from Canterbury and who are in need. The Ilals are in Iwo buildings, one dating back lo the 16th Century and Ihe other built in the early 20th Century. Due lo the age ol these buildings there aro numerous repairs and improvements lo be Carried out Continually. The income for the Hospital comes from investments generated from the original endowments and from weekly maintenance charges levied on the Indwellers. Indwellers Jesus Hospital is currently home lo 13 individuals ranging in age from 65-92. The greate51 concern lor Truslees is always what support can be given to Indwellers as they b&come unable lo care lor themselves and the need lor them and their families lo recognise this before the resident becomes a danger lo themselves and those who live in the Community around them. There is also the knock on effect to the Charity that as residents become more infirm they are not able lo care lor Iheir accommodation as well as they On did. The internal decoration5 become tally and eventually flats need lo be fully refurbished once the occupant dies or moves away. The consequences in terms ol finance lo the Almshouse Charily are then signilicanl. One Indweller moved out ID alternative accommodation in June 2023. Warden In April 2022 Mrs Merrilyn Lee retired aller 15 years as Warden and the Iruslees embarked on a process lo appoint a su¢¢essor. In the interim Mrs. Sally Glinn continued as Deputy Warden and ensured the smooth running ol Jesus Hospital. The new warden will lake up their duties in October 2023. Bulldlng Repalrs and Malntenance The following works were carried out during 2022-23., All boilers serviced and Landlord Certificates renewed Repairs to shower room ol flat 12b following flooding Fledecoration ol extemal window frames Fire alarm system serviced Gardens The services ol Ben Stephens lo maintain the grounds14 hours a weekl has beon a benefit. Chapel Services resumed on a monthly basis thanks lo the support ol some retired clergy. Jesus Hospital works in lull co-operation with the local Housing Aulhorily, 9th Almshouse Association and the Canterbury Consortium ol Almshouse
Jesus Hospital Trustees, Annual Report Iconllnued) Year ended 29 September 2023 Flnanclal revlew Golng Concern Alter making appropriate enquiries and consKlering the ongoing impact ol COVID-19. the Tiuslees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence lor the foreseeable lulure. For this reason, they continue lo adopt the going concern basis in preparation the financial slalemenls. Further details regarding the adoption ol the going concern basis can be found in the a¢cDunling policies below. Statement of Truslees. ResponslbllStles Charity law requires the charity Iruslees to prepare financial slalemenls lor each year which give a true and lair view of the stale of affairs ol the charitable company and the incoming resources and application ol resources, including the income and expenditure, tor that period. In preparing these financial stalemenls, the Iruslees are required lo.. select suitable accounting policies and then apply them consistently.. observe the ffleihods and principles in the apFlicable Charities SORP.. make judgments and accounting eslimales that are reasonable and prudonl- prepare the financial 51alemenls on the goiThJ concern basis unless il is inappropriate lo presume that the charity will continue in business. The Iruslees ar& responsible lor keeping adequate accounting records that are sullicienl lo show and explain the charilV5 transactions and disc105e with reasonable accuracy al any lime tho linan¢ial Position of the charity and enable them lo ensure that the financial statements comply with the Charities Act 2011. They are also responsible lor safeguarding the assets ol the charity and hence lor taking reasonable steps lor the prevention and detection ol fraud and other irregularities. The trustees, annual report was approved on Iruslees by.. 1510712024 and signed on behalf of the board of Dawd R M Monteith ljul 15, 2024 15.'26 GMT+ii The Very Rèverend Dr David Monteilh Trustee
Jesus Hospital Independent Examlner's Report to Ihe Trustees of Jesus Hospltal Year ended 29 September 2023 I report to the trustees on my examination of the financial slalemenls ol Jesus Hospital I'lhe charS1l1 lor the year ended 29 Sgplember 2023. Rosponslbllllles and bas18 ol report As the Irusloes ol the charity you are responsible for the preparation of the financial statements in accordance wf(h Ihe requirements ol the Charities Aci 2011 I'lhe Act'l. I report in respect ol rny examinatn ol the charitys financial statements carried out U[er section 145 ol the 2011 Act and in carrying out my examlnalion I have followed all the applicable Directions given by the Charity Commisslon und8r section 14515llbl of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my allenlion in connecllon with the examination giving me cause lo believe that in any material respect: accovnling records were not kept in respect of the charlty as requiTed by section 130 of the tho financial slalemenls do not accord with those records., or the financ1al statements do noi comply with the applicable requirements concerniro the form and content of accoun15 sel out in the Charities (Accounts and Fleportsl R8gulations 2008 other than any requirement that the accounts give a 'lru8 and lairf view which is not a maller considered as part ol an independent examination. I have no conc8Yns and have Come across no other mallers in connection wllh the examination lo which allenlion should b8 drawn in this report in order lo enable a proper understanding ol the accounts lo be reached. 16Jo}12•lY Mr Simon Bailey Mmath FCA CTA Independent Examiner CambuTgh House 27 New Dover Road Canterbury Kent CT13DN
Jesus Hospital Statement of Flnanclal Acllvltles Year ended 29 September 2023 2023 Unre81ricled Endowment funds funds Total funds Total funds 2022 Noto Income and endowment$ Charitable aclivllies Inveslmenl income Other income 57,350 8,511 57,350 8,511 54,238 9,884 1,402 65,524 Total Income 65,861 65,861 Expendlture Expenditure on charitable activities Total expendlture 58,103 58,103 58,103 58,103 59,684 59,684 Nel gainslllos5esl on investments 14.5391 14.5391 25,711 Net Incomellexpendlture) and net movemgnt In funds 7,758 4,539 12,297 119,8711 Reconciliatlon ot funds Total funds brought forward Tolal funds carrled foNard 32,293 511,878 544,171 564,042 40,051 516,417 556,468 544,171 The slalemenl ol linancial activities includes all gains and losses recognised in the year. All Income and &xpendilure derfve from continuing activities. The nol&J on pao¥$ 7 10 13 form part of th•$0 ilnan¢501 $1ot¥m•nl8.
Jesus Hospital Statement of Financial Position 29 September 2023 2023 2022 Nole Flxed assets Tangible fixed assets Investments 12 13 297,553 242.592 297,553 238,053 540,145 535,606 Current assets Debtors Cash al bank and in hand 14 1,492 23,gf)2 25,394 3,062 17,568 20,0 Credltors.. amounts falllng due wlthln one year Nel current asset$ 15 4,584 20,810 4,584 16.046 Total assets less current liabilitles 560,955 551.652 Creditors.. amounts falling due alter more than one year Net assets 16 4,487 556,468 7,481 544,171 Funds of the charity Endowment funds Unreslricled funds 516,417 40,051 556,468 511,878 32.293 Total charlty funds 17 544,171 These financ1al statements were approved by the board of Iruslees and aulhorised lor issue on and are signed on behalf of th& board by.. David R M Monteith ljul 15, 2024 15..26GNT+ll The Very Reverend Dr David Monteilh Trustee Tha notes on pages 7 to 13 form parl ol these Ilnanclal statements.
Jesus Hospital Notes to the Financial Statements Year ended 29 September 2023 General information The charity is a public benefit enlily and a registered charity in England and Wales and is unincorporated. The address ol the principal office is Jesus Hospital, Slurry Road, Canterbury, Kent, CT1 1 BS. Statement of compliance These financial statements have been prepared in compliance wilh FRS 102, 'The Financial Retxirting Standard applicable in the UK and the Republic ol Ireland,, the Slalemenl ol Recommended Pra¢li¢e applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RePutlC ol Ireland IFRS 1021 Icharilies SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basls of prgparatlon The financial slalemenls have been prepared on the historical cost basis, as modified by the revaluation ol corlain financial assols and liabilili&s and investment properties measured al lair value through income or expenditure. The financial slalemenls are prepared in sterling, which is the functional currency ot the enlily. Going concgrn The Trustees have considered the charity's level ol reserves and future incoming resources and concluded that these are sufficient lo enable the charity lo continue ils operations lor the lores6eable lulure. While the impact of the COVID-19 pandemic has been assessed by the Trustees so far as Teasonably possible, due to its unprecedented impact on the wider economy, il is difficult lo evaluate with any certainly the polenlial outcome on the charity's lulure aclivilies. However. taking into consideration the charity's funds, the UK Governtnent's r8sponse with ils range ol measures lo support entities and the charills Dwn reserves and planning, the Trijslees have reasonable expectation that the charity has adequale resources lo conlinue operational existence lor the foreseeable lulure. For this reason they continue lo adopt the going concern basis in preparing financial slalements. Judgements and key sources of estlmation uncertainty Eslimales and judgements are continually evaluated and are based on hlslorical experience and other factors, including expectations ol lulure events that are believed lo be reasonatje under circumstances. There were no judgements, estimates or assumpllons that will materially allecl the financlal slal&menls in the period. Income tax The charity is exempt from lax on ils charftable actlvitles.
Jesus Hospltal Notes to the Financial Stalements (¢ontlnu•dJ Year ended 29 September 2023 Accounllng pollcles (¢ontlnugdJ Fund accountlng Unreslricled funds are available for use al the dis¢relion of the trustees to further any of the charity's purpose5. Designated funds are unrestricted funds earmarked by the trustees lor parti¢ular luture proj8Ct or Commiimenl. Restricted funds are subjected to reslriclions on their expenditure declared by the donor or through the terms ol an appeal, and fall into one ol Iwo sub-classes.. restri¢led Income funds or endowmenl lunds. Incomlng resources All incoming resources are included in the statement of financial activities wtten enlillemenl has passed lo the charity., il is probable that the economic benelils associated with the transaction will flow lo the charity and the amount can b8 reSiably measured. The following specific policies are applied lo particular categories ol income.. incorne frorn donations or grants is recognisgd when there is evidgnce ol enlillemenl lo the gill, receipl is probable and ils amount can bo measured reliably. Iggacy income is recognised when receipt is probable and enlillemenl is establlshed. Income from donated goods is measured al the lair yU9 ol the goods unless this is impractical lo measure reliably, in which case the value is derived Irom the cost lo tho donor or the eslimaled resale valye. Donated facilities and services are recognised in the accounts when received il the value can be reliably measured. No amounts are included for the contribution ol general volunteers. income trom contracts lor thg supply of services is recognised wilh the d81iv8ry of the conlracied sorvicg. This is classified as unrestricted funds un18ss there is a conlraclual requirement for il lo be sp8nt on a particular purpose relurn8d il unspent, in which case il may be regarded as restrieted.
Jesus Hospital Notes to the Financial Statements Icontlnued) Year ended 29 Seplember 2023 Accounting policies {¢ontInu) Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Exp&ndilure includes any VAT which cannot be lully recovered, and is classified under headings ol the slalemenl ol financial activities lo which il relates.. expenditure on raising funds includes the costs of all fundraising aclivilies, evonts, non- charitable trading activities. and the sale of donated goods. expenditure on charilable activities includes all cosls incurred by a charity in undertaking activities that further ils charitable aims lor the benefit ol ils beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned lo charitable aclivilies. olher expenditure includes all expenditure that is neither related lo raising funds for the charity nor parl ol ils expenditure on charilablo aclivilies. A11 costs are allocaltrd lo expenditure categories reflecting the use ol the resource. Direct costs allribulable lo a single activity are allocated directly lo that aclivily, Shared costs are apportioned between the activities they contribute lo on a reasonable, jusliliablo and consislenl basis. Tangible assets Land and buildings are shown in the balance sheet al their historical ¢osl. In the opinion of the Trustees the value Df the land and buildings is signilicanlly greater bul in the absence ol a professional valuation they are unable to quanlily this. Investments Li51ed investments are measured al lair value with changes in lair value being recognised in profil or loss. Impairment ol flxed assets A review lor indicators of impairment is carried out al each reporting date, with the recoverable amount being eslimaled where such indicators exist. Where the carr54ng value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairmonls ar& also reviewed lor possible reversal al each reporting dale. Flnancial Instruments The charity only has financial assets and financial liabilities ol a kind that qualify as basic linancial instruments. Basic financial instruments are initially recognised al Iransaclion value and subsequenlly measured al their selllemenl value with the exception of bank loans which aTe subsequently measured al amorlised cost using their elleclive interest method. Liabilities are recognised where there is an obligation at the balance sheet date as a result ol a past event. it is probable that a transfer DI economic benelil will be required in seiilemenl, and the amount ol the settlement can be eslimaled reliably. Liabilities are recognised al the amount that the company anlicipales il will pay lo s&llla th8 debt or the amount il has received as advanced payments for the goods or services il musl provide.
Jesus Hospital Notes to the Financial Slatements (¢onrinugdJ Year ended 29 September 2023 Charitable octlvities Unreslricled Tolal Fund$ Unreslricled Total Fund5 Funds 2023 Funds 2022 Matnlenance charges Miscellaneous 54,908 2,442 54,908 2,442 52,898 1,240 52,896 1,340 57,350 57,350 54,238 54,238 Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 InGomg from listed investments Bank interest receivable 8,429 82 8,429 82 9,882 9,882 8,511 8,511 9,884 9,884 Other In¢ome Unresiricted Total Funds Unrestricted Total Funds Fund5 2023 Funds 2022 Insurance claim 1,402 1,402 Expend5ture on ¢harttable a¢tlvllle$ by fund lype Unreslricted Total Funds Unresiricled Total Funds Fund5 2023 Funds 2022 Hospital and Lodge Warden Wardens Assistants Ghapel Fund 46,209 9,506 2,250 138 46.209 9,506 2,250 138 49,634 9,922 49,634 9,922 128 128 58,103 58,103 59,684 59,684 Net galn$lllosse81 on investments Endowment Total Fund8 Endowment Total Funds Funds 2023 Funds 2022 Gains1{lossesl on listed investments 4,539 4,539 125,7111 125,7111 Independent examination lees 2023 2022 Fees payable lo the independent examiner for.. Indep8ndenl examination ol the financial statements 930 10-
Jesus Hospital Notes to Ihe Flnanclal Statements (¢ontlnugdJ Year 8nded 29 September 2023 10. Stafl ¢ost¥ The total staff costs and employee benelfis for the reporting period are analysed as 1011ows: 2023 2022 Wages and salaries 7,880 5,169 The average head count of emFloyees during the year was Nil12022.. Nill. No employee received employee benefits of more than £60,000 during the year12022.' Nill. 11. Truslee remuneratlon and gxpen8gS No remuneration or other benefits from employment with the charity or a related enlily were received by the trustees. No Iruslee expenses have been incurred. 12. Tanglblg fixgd as59ts Land and buildings are shown in th8 balance sheet al their historical cost. In the opinion of th8 Trustees the value ol the land and buildings is significantly greater, bul In the absence of a professional valuation they are unable lo quantify this. In the OFYniOll of the Truslges the residual value ol the buildings is higher than their carrying value and therefore no depreciation charge is applied. 13. Inve$tm6n15 Listed Investments C08t or valuatlon AI 30 September 2022 Additions Fair value movernenls 238,053 4,539 242,592 At 29 September 2023 Impalmient At 30 September 2022 and 29 September 2023 Carrylng amount At 29 September 2023 Al 29 September 2022 242,592 238,053 All invesim¢nis shown above are held al valuation. Flnanclal a$$et$ held at fair value st&d investments are slated at their market vdue al the balance sheet dale.
Jesus Hospital Notes lo the Flnanclal StatBment8 (eonllnu6dJ Year ended 29 September 2023 14. Debtors 2023 2022 Prepayments and accrued income Other debtors 1.492 1,660 1.402 1,492 3.062 15. CredltovJ: amounls falllng due wtthln one year 2023 2022 Aceruals and deferred Sncome Other Creditors 1,590 2,994 1,590 2,994 4.584 4,584 16. Credllors: amoun18 falllng due after more than one year 2023 2022 Other credkors 4,487 7,481 17. Analysis of charitable funds Unre8trlcted funds Al 30 September 2022 At Gains and 29 Seplembg losses r 2023 Income Expenditure General funds Extraordinary Repalr Fund Cyclical Maintenance Fund Ghapel Fund 27,388 85,861 158,103) 35,146 31 31 4,857 4,857 32,293 65,861 158,1031 40,051 Al 30 September 2021 Al Gains and29 Seplemb8r losses 2022 Income Expenditure General funds Extraordinary Repair Fund Cyclical Maintenance Fund Chapel Fund 21,420 65,524 159,5561 27,388 31 31 4.985 26.453 11281 159,6841 4,857 32,293 65.524 12-
Jesus Hospltal Notes to the Financial Statements fcontlnu8d) Year ended 29 September 2023 17. Analysls of charltable lundg (conllnu8dJ Endowment funds Al 30 Sèpiember 2022 At Gains and 29 Septembe losses r 2023 Income Expenditure Permanent Endowment Fund 511,878 4,539 516,417 At 30 September 2021 Al Gains and29 September losses 2022 Income Expenditure Permanent Endowment Fund 537,589 125,7111 511,878 18. Analygls of net asset8 belween funds Unrestricted Endowment Tolal Funds Funds Funds 2023 Tangible fixed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year Net assels 28,284 269,269 242,592 4,556 297,553 242,592 25,394 14,5841 14,4871 556,468 20,838 14,5841 14,4871 40,051 516,417 Unreslricled Endowment Total Funds Funds Funds 2022 Tangible flxed assets Investments Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 28.284 259,269 238,053 4,556 297,553 238,053 20,830 14,5841 17,4811 544.171 16,074 14,584} 17,481} 32,2S3 511,878 Cy¢ll¢al Maintenanco Fund and Exlraordlnary Repalr Fund The Charity'5 Trust deed stales that the Charity may maintain a reseNe fund, for the purpose of providing lor those ilgms of ordinary maintenance and repair ol the almshouses. It musl also maintain a reserve fund, tor the purpose of providing lor the extraordinary repair. improvement or rebuildSng ol the almshouses. 19. Related partles There are no related party Iransaciions 10 disclose in the accounis. 13-
Jesus Hospital Management Informatlon Year ended 29 September 2023 The followlng page$ do not form part of the financial statements. 14-
Jesus Hospital Detalled Statemenl of Flnanclal Actlvitles Year ended 29 S8pternber 2023 2023 2022 In¢ome and endowments Charitablg activltlgs MntenanCe charges Miscellaneous 54,908 2,442 57,350 52,898 1,340 54,238 Investment Income Income from listed investments Bank interest receivable 8,429 82 9,882 8,511 9,884 Other income Insurance clalm 1,402 Total Income 65,861 65,524 Expendltur6 Expendlturo on charitable acllvlties Purchases Wages and salaries Aaies and water Light and heal Repairs and malnl&nance Insurance Other eslablishmenl Legal and professional lees Telephone Other ofllce costs Lifeline DglailedSOFAExpendilureOnCharilableActiviliesType4H 138 7,880 3,805 11,814 21,587 5,165 2,005 1,740 2,659 1,033 277 128 5,169 2.579 5,116 12,106 1,554 6,355 818 2,769 2,163 340 20,587 59,684 58,103 Total 6xpendlture 58,103 59,684 Net gain81(losses} on Investments Galnslllossesl on listed investments 14,5391 25,711 Nel In¢omel(expendlture) 12,297 119,8711 15-
Jesus Hospital Notes to the Detalled Statement of Flnanclal Actlvities Year ended 29 Seplember 2023 2023 2022 Expendllure on ¢harltsblo actlvllles Hospital and Lodge Activlties undertaken dlrectly Communily charge and rates Gas & electricity Repalrs Insurance Gardening Accountancy lee Administration 3,805 10,597 21,587 5,165 2,005 1,740 1,033 277 2,579 3,132 12,106 1,554 6,355 818 2,1 340 20,S87 49.634 Major Repairs and Improvements 46,209 Warden Actlvltles undertaken dlrectly Honorarium Gas & eleclricily Council tax & telephone 5,630 1,217 2,659 5,169 1,984 2,769 9,506 9,922 Wardens A8818tanl8 Actlvltles undertaken dlrectly Fees 2.250 Chapel Fund Actlvllles undertaken dlre¢tly Chapol requlsiles and lees 138 128 Expendlture on charltable aetlvltles 58.103 59.684 16-