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2023-02-28-accounts

Re ort of trustees of She ard's Almshouse Trust Ch Commission no 207257 Year end 28 February 2023 Date of Report l July 2023 l. The Sheppard's Almshouse Trustees present this report to the Charity Commission for the first time this year. This is as a result of the income of the Sheppard's Almshouse Trust irbcreasing in the last financial year to a sum over £25,000. The primary reason for this is that, although the Trust's normal activities continue. the Trustees consider that refurbishment of the Almshouses is now necessary, in order to make the Almshouses fit for the modern world and for the future. The trustees have therefore incurred expenditure which is not normal for this Trust. 2. The Trust currently ha5 six Almshouses, of which five are currently occupied. The Almshouse Trust is now over 200 years old. and occupies a Listed Building by the school in Amport, near Andover, Hants. The resident of the sixth Almshouse recently passed away. The Trustees are in discussion with an interested party to take occupation. The residents of four of the six cottages have been long term residents for over 20 year5. 3. Each Almshouse. or cottage, ha5 a single main room downstairs. with an adjoining bathroom and kitchen, with metal crittal windows at the rear. Upstairs is a main bedroom with, in all cases but one, an adjoining toilet / washbasin. The bathrooms and kltchen area in particular. as well as the rear windows and walls. require refurbishment. 4. The proposal of the Trustees, for which planning permission and listed building consent have been obtained from the local planning authority, is that a dormer window should be constructed upstair5 at the rear of each cottage, and the existing crittal windows at the rear should be replaced with modern wooden windows. The main bathroom can then be moved upstairs, enabling the existing small kitchen to be enlarged into the existing bathroom space. A modern and efficient heating system will be instslled and the walls treated to address damp problems, thereby making the Almshou5e5 fit for modern living. An architect has been advising on the refurbishment proce5S. 5. The cost of the refurbishment is approximately £65.000 per cottage including VAT, as tendered by reputsble local builders. The Trust currently has assets, in the form of cash and investments, of £180,000 at this time, and will need to find external funds from varioLts sources to finalise the refurbishment. To date to that end, the Trust has raised £21,000 from local donors, which boosted the Trusvs income in the last financial year. The Trust also prop05e5 to obtain a grant and a loan of £IOO,CK)O from other sources, which will be sufficient along with existing assets of the Trust. to refurbish four cottages in 2024 lin the next financial yearl- Further funds will need to be raised to enable all cottages to be completely refurbished.

  1. The trustees recognise that they will need to fund the storage of furniture and the cost of alternative accommodation where needed for the period of the building works.
  2. The trustees have had the Tru5t'5 accounts approved by an independent examiner for the year ending 28 February 2023.
  3. This report by the Trustee5 will accompany the Annual Return to the Charity Commi55i0n for 2023. Signed and approved by the Trustees l July 2023 Christopher Harris (Chairl Diana Stephenson .......-.-..............-........................................ Nicholas Walcot ........................................................................................-.
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Gould
Chester
Constable
Giford
Baker
Pollin
Black Rock
M&G
COIF
Treasury
Interest
Black Rock
M&G
COIF
Treasury
Interest
Black Rock
M&G
COIF
Treasury
Interest
Black Rock
M&G
COIF
Treasury
Interest
Deposit Int Refurb
Interest
March 240 240 240 240 240 465 0.14
April 240 240 240 240 240 240 48.12 0.16
May 240 240 240 240 240 240 406.87 340.93 0.14
June 240 240 240 240 240 240 0.15
July 240 240 240 240 240 240 48.12 0.16
August 240 240 240 240 240 240 346.27 340.93 0.6
September 240 240 240 240 240 240 0.77
October 240 240 240 240 240 240 48.12 0.77
November 240 240 240 240 240 240 345.72 1.94 0.01
December 240 240 240 240 240 240 467.47 4.15 3.9
January 240 240 240 240 240 240 48.12 7.76 8.98
February 240 240 240 240 240 240 225.08 346.22 9.26 10.71
Total 2880 2880 2880 2880 2880 3105 192.48 1445.69 1373.8 0 26 23.6

Classification: Public

Wayleave 9.47 9.47 Classifi'cation.. Public

No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
No1
No2
No3
No4
No5
No6
Heading Heading
March
April
May 768
June
July
August 1982.4
September 439.2
October 4071.6
November
December
January
February 414
Total
7675.2
0
0
0
0
0
0
0
Total Refurb
7675.2

Classification: Public

Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Refurbproject
Peter Cooper
Elec SSE
Water
Insurance
Gary Ben
/electrics
Country
Services
Chimney
Sweep
Almshouse
Assoc
Other Maintenance
March 89.5 55
April 365 135 63.62 89.5
May 768 171 26.08 89.5
June 89.5 182 364.8
July 90 89.5 135
August 1982.4 35.54 89.5
September 439.2 -22.26 64.95
October 4071.6 86.49 55
November 106.57 86.49 250
December -70.42 86.49 196 781.35
January 85 86.49 180
February 414 113.22 86.49
Total
7675.2
450
396
274.61
947.19
0
182
196
781.35
1104.75

Classification: Public

Classifi'cation.. Public

2021
2020
£1,575.82
£1,656.85
£5,263.99
£5,403.56
2021
2020
£1,575.82
£1,656.85
£5,263.99
£5,403.56
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
2019
2018
2017
2016
2015
2014
£
£1,586.80
£1,624.78
£1,687.24
£1,625.62
£1,655.16
£1,547.97
£5,622.18
£5,769.50
£5,755.21
£5,126.64
£5,638.63
£5,486.96
£6,839.81 £7,060.41 £7,208.98
£7,394.27
£7,442.45
£6,752.26
£7,293.79
£7,034.93
£2,684.63
£2,641.19
£2,554.97
£2,436.66
£2,282.01
£1,978.94
£1,788.66
£1,888.43
£9,524.44 £9,701.60 £9,763.95 £9,830.93 £9,724.46 £8,731.20 £9,082.45 £8,923.36
98% 99% 99%
101%
111%
96%
102%
#REF!

Classification: Public

SHEPPARD'S ALMSHOUSES Charity Number 207257

Receipts and Payments for the year ended 28 Feb 2023

Opening Cash Balance
Receipts
Maintenance Received
Investment Income
Bank Interest
Wayleave
Donaton
Payments
Property Maintenance
Almshouse Assoc
Electricity & Water
Insurance
£
17505.00
3011.97
49.60
9.47
21000.00
9807.95
196.00
1221.80
781.35
£
43376.52
41576.04
84952.56
12007.10
72945.46
Bank Balances
Treasurers Account
Deposit Account
Building Fund
33748.54
18173.32
21023.60
72945.46

Classification: Public

Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Opening Balance
2624.57
Black Rock
M&G
Ex Grata
Mar
Apr 12.66
May 87.42
Jun
Jul 12.66
Aug 74.4
Sep
Oct 12.66
Nov
Dec 100.44
Jan 12.66
Feb 48.36
Totals 0 0 0 0 50.64 310.62 0 0 0
Investment Income
361.26
Ex Grata
0
361.26
Bibles
261.8
Closing Balance
2724.03
April OK

Classification: Public

2436.66 Classifi'cation.. Public

Bibles 261.8 261.8 Classifi'cation.. Public

SIIF.PPARD'S ALMSHOUSES Independent F.xaminer's Report to the Tru5tecs of Shcppard's Almshouses I report lo the charity trustees on tlly cxatllinaiion of the accounts of thc chariiy for the year endcd 28, Fcbruary ?023. Responsibilities and basis of rcport As tl)e cliarity's trustCC5 you al'c rcspoiisible for the preparation of Ihc accounts in accordance with the requiremenls ofthe ChariliLS Aci 2011 ('Ihe Act'}. I repoit in respect of Iny cxaininalion of ihe charity's accounls cai'ried out undcr SCLtion 145 of the Acl and in carr)'iiig out tny examii)ation I have follow¢d all Ilie applicable Dirccliuns givei) by tlic Charily Commission undcr scclion 145(5)(b) of the Aet. Independcnt examincr'5 Statement I hav¢ complctcd my Lxaminalion. I confitin (liai no material mattcrs havc come lo my alt¢i)tion in conncction ivith Ilic examination giving mc ¢ause to bclievc ihal in any malerial rcsp¢ct'. ac¢ounling rccurd5 wcl'c noi k¢pt in IEspect of the charity as rcquir¢d by section 130 of the Acl; or tlie accounts do nul accord ii'itl) thosc rc¢ords. I liave i)0 conccrns and havc coiiic across no other Inaltcr% ii) connectiuii Ivith the exaiiiii)alioi) lo whicli dltLnlion 5hoiild be drawii iii this report in ordcr to ¢iiable a propcr understandiii¥ of the a¢couiits to bc rcaclicd. Rosemary Latter 'I'hc Old 14arn Sarsoii Amport Aiidover Haiiipshirc, SP I18AE Dale: 14 1£ IL3