Charity roglstration number: 207681 BURLEY HOVSES TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2022
BURLEY HOUSES CONTENTS Pag• Trustees. report Independenl examiner's ret Receipts and pawn8nts aecount Statement of assets and liabilllie$ 10
BURLEY HOUSES TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 CharSty r•glstratlon numbor: 207681 Objectives and Activities Summary ofthe purposes of the charity as set out in Its oovemino document The objective of the Charity 18 provtsN)n and maIntanCe of residerfal property to residents who shall b8 worn8n who: 111 have lived in the County ol L8ic85t8rshire for a PWK)d ol ten rs. or. 121 have had or have a husband wkno eitrw bwn in Ihè county or whts h•9 Ilved the for a pw)d ol tw yp. ( 13} have had or have a paffjnt who was ellhgr Lw)rn In the sald county or who has lfved there for a perh)d orf tsn yoars. Preference shall bè gwen kn WKJow3 or daughters of prof1onal men brUdIng 8rtl$tS and lrternry ffl. Summ8ry of th8 maln activltsos In relatSon to those purpos83 lor thg publlc benefil. in particular. tho activities, projects or seNths hlontsfied in the aOUnt8. The Charity provK18s 14 affordable housing unrts for poor Wom. The property Maintenan contraLaors nw)nitored lo sur• Ihal generdl r41a1 are dealt h to the TnJst80s' expedatK)ns. waitiNJ IWforl8nary B maintain•d. The Truste88 c¥Jnfirn that when planniThJ the a¢Xfvtb"es for thg Or •xordslng their duties. tney havg had due regard to the gukSanGe by th& Charty Cornml¥¥lon on pubuc bgnofit. Our obie¢¢s Ilmrt the serylces we provKle to pcv womn wlih a c¥)MwXkin lo L8lc&8t8r8hlre bul this is deem110 be a SLrfficnt SIk)n of Ihe publlc. Slal•m8nl confimilrrfJ whether Ihg trustaas hav& had ragard to tho guidanca Issued by the Charity Comrnbslon on publSc b8n•fft Addltlonal lfifomatlonl0p0n*lI Polity on grant making Oplk)n81 Policy on swal investmonl indudlN4 proararnme related Inv8slrn•nt Contrfbuyon mada by volunl88rn Other Opt
BURLEY HOUSES TRUSTEES. RepoRT FOR THE YEAR ENDED 30 JUNE 2022 Charlty r•gl$tratk•n number: 207681 Achievements and Performance SOCIAL EVENTS Due lo a natural Tductsnce mr% sooaly follcwirnJ lh6 Pandern rt ha¥ not bn possible to ganise social events for the resiijenls this year. PROPERTIES A propety rn8naw was apwnlod during Ihe and thi8 has pfovad to bo very successful. She rK>w Lxrrles quartety Inspecons of all the prop8rtBs. Sorne work8 of Improvement have been tamed and fl is anpated ¢hai nexl year major wort wlll be camed rJi to the main rwf and also an upgrade of the shrywer rooms and ¢entral hoallng systems wlll b8 undertaken Major lo Ihtr drai has bo8n eLImpletl at a cost in axcass ofÉ18,Cth. hamwcJd L61eline {Chamwc Borough Countyll wn¢inu&s to rnonSlor a number of tha residents by deCtrOn )MmunICa1)n$ and a Wwarden visil lor those rgsioents who agroe lo hav¢ rt. Th8 rrK>r8 actNe r8shJgnts havè d8dined lo take up. Summary of tho main achievements of the Charity duriro th¢ year GROUNDS Garden Contrac1$ c£Jntinue to maintsin Ihe grounds in an excellent manner. A new flower gardener has be cx)nlraGted as a rgplarAment fof the prevbus one. Th1$ has r¢$uttod In knproveo ICL to Ihe Ikjww be(Js. RESIDENTS AJI the u$8$ have be fulty ocw>i•J througl)ut th• r (subj1 to one trk)us0 h8vlro faroe of oc£upantl. Many of the (pants ¢ake pafl In the rnainlenance ol the gard•ns. Th¢ usual half-yearfy mb#tings wnth th• w50n18 durin9 tho ygar have baan umed follwr¥J Covid.
BURLEY HOUSES TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2022 Charity r•gi•trtion numb•r. 207681 Financial Review The TnJstee5' Ret)rt has been drawn up in accordan with the FRS 102 SORP120191. The aoxKJnts hav8 baon drawn up in acc[dance with CC16- atUnts on page5 7-10. Rgviow of Ihe carttys fin¥nu81 posltion 8t the end ol the pgriod Cash funds hald at 30 June 2022 arnOUn lo £538,011. JI 14 availat4e hwsiThJ urrits thin Burley House5 were fulty occupd at th& year 8nd. The Trusl88s rnaintain tho to 8nsure that day to day runniry maint¢nanc81$ Cove0. In adrtn, the Trust¢es maintain a suffic4ent balance In reserv8$ to maat planne major repalrs and maintenance They #fy ttJr(iOUS Ihat a ma)r roof repalr and upgrade anpat trj cost appr0mdY £200,000 is kKJmir¥J as th• main building r¢ was not incjuded in the provious r+rc4)firYJ prcy8et. Trusteos are pgrm8nently awarè that wth building ol almost 1¢)0 yearn old maintenance is an orrfJoirYJ fèature of the runnlng of th¢ Chartty to ensure Ihat residents are as cornfortabl• as $&bI&. Unfortunatoty the roof work has b80n ddayed by the Coronavirus pandemic. £538,011 Statement explaining the pollcy for holdlng r8sgNes stallng why they arè held Amount of reserves hdd Explanatlon of any un¢ortaSntles abo¢Jt the charlly rK)ntinuiro as a going ojncorn At the lime of 8pproviNJ th8sa 8eCt)unts tha Trust0 have a reasonable gxpectatlon Ihal tho Charity has 8d8quat• rostyxces to c¥Jntinue in opgr•ltin for tha lorsaaable future. The Trust888 do not cortsKJer there to be any yn¢ert8inties about the Charity c4)nlinuing 83 0 golng concem. Addltlon•l Informa0 {opOn81) A descrlplion of thg Prtnripal rkS laclng the chartty Th• Tru$tt¢ 808rd 0)1•rS thg iisks io whth the Charity 1$ èxposed and ravlaws these ri$k¥ on a wular ba8. Koy ii8k8 aro tnsleTed to bg tho of th8 roBld8nis on tho property And data protethon. Sy8twns we in place lo miti9Ot¢ thosè risks. Th8 charity pD5 continuirs the aLXivit*s outlined abovè in tha fortttcorning years subject lo saIaCtOry1UndlrKj 8rr8roements. Suffiry"8nl funds are available for major work lo be carri9d out lo repair and upgrade the roof on the main bu¢lding. and thg plumblng work as oullingd above as reportèd last . it has also bo(xyne apparent that major work is neodod to the Ilv¥ay3 ar(KJnd the property blrt due to i11r in our tx)ntra(aor th18 h88 been dolayed, an It Is now W ihai these wlll all be rlaId durfng Ihg (x)rnlng y8ar. Plans for the fijturè
BURLEY HOUSES TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 Charlty r•gi$tration numbèr: 207681 Structure, Governance and Management 0•gcrlplon of ¢harltyl• trusts: Typè of governing document The Charity is admini8ter&J 8rKJ man4&J by the Trustees sublact to the Trust Daad. How Is the charfly constbtut•d UnincorKN)rated Assoaalion. Thtr TnJ8tee8 had rOlved to persu8 becA)ming 8 Choritablo Incorpordteil wani8ats.on but have ncwl to leave the Structure as Itls and tak8 out Iruranc• to proiwj thè TrLL8186s' Tru$l88 $01ocllon methods includiro d•talls ol any Constitutional provis¥)ns e.g. electkjn to post or name ol any person or b(xty enlW9d to appolnt or more Iruslees The body ol Tru61tts when complete sh811 Lx)nsist of six competent person$ belng.. Two Nominabvè Trtee5 on(1 Four CollOPtth& TnJst8as. The NominatNe Tr10¢$ shall be appSnt&188 kyS. One by Ltast City Council and One by Chamwwd BOr0Jh Coundl. Appolntm8nt of the Truste95 1$ g0vwnl by lh8 Trt De•J of th• Charfty. Thg Board ol TDJstees is aulhoii58¢J to apwynt nthw Tru$to88 to rii va(andw 0rt51ng through r8819n4tlon or doath of an exlsting Tr$1. Each appolntrnw)i shall be madg for a t•m offrr )•rs at a mggtry ttJnv•nod and hél according lo th8 ordinary pra¢kn of the apptyntirvJ u)Url. The chalrman of tho meetir shall cause the n8mg of oach person 8pwintod 10 bè notbfled forthwth to tha Tnjstees or Ihoir cknk. Th8 person appoinle•J may be bul nJ not b8 a member of th& appointin9 ncil. Th8 Cfroptative Tr81% shall bè pasons vtho throLvJh Tesldence, 0¢patn or pbyment. or otheM's8 have speo'al knovAedge of thg County ol Leicestershire. Every Cotyate Tr1 Shall bg appolnled for a term of Ilv• years by a OlUt of the Trusiees Pass at a specaal meetiThJ of %thich r#)1 less than 21 days notlce has beèn olvan and may be so apw'nted nmye Ihan one mnth before lemi ol an existing C optatN• Trustoe eApr8s frryn the dote of expiry but so that tholottèr shall not vole on lh• matter. Lces18r Cty Counol hève dedin•J lo rInate 8 Trusleo. Aldltlonal qov•manc• IMu•• {OPtkal Infom)olknl Pollcie5 and procedures adopte¢J for th8 induction and Ir¥iniro of trustees Th¢ chadtws organisalion81 slructurè and any wider netsrk with which ihe charity works The Trustees wgre ab to rtsume meeting in ryjrnmittéè again followin9 thè Covid Pandemic and met lour tirn85 at quarterfy rn88tirw5. Rd8tionship with any related p8rb.tss
BURLEY HOUSES TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2022 Charlty r•glstratlon number: 207681 Reference and Administrative dotails Chan nam6 Olh8r names charit is known b istered chari nufflber Charitls principal addrèss Hwses )nè 207681 6 ConÉry La Endérby Leicgstgr LE19 4AB Nimo• oftho ¢h•rlty truts•# who man•9• th• ¢h•rfty Olh¢• Mr TRG Hea Mr KR Harkness Mr J Williarns Mrs J Gaskell Mr l Bowler Cllr J Howe Chaim)8n Treasurer Resi n9d 11th OL1ober 2021 oinled 12th Ju Chamwood Borou 2022 h Counryl- Norntnative Trust•• NJm• of th• trust••8 for th• ¢hartty.11 any. (for •xarrwl•. any ¢u$todlal tru•i•••l N4m• Non Nam•• and •ddr•#•# ol loptlonal Inlorm•iion) of advl••T Nam• Barclays dr••* 1-3 HayTh8rkel Tow•s, Humbwstot)e Gate. L8icester. LE1 IWA 8ank6rs Funds held as custodian trustees on bchalf of others D@scrfplon ol the assets he in this caparyty No Narn¢ and rt?jècts of tha charity on who$$ beh8ff the asset8 are an how thi5 falls withln Ihe c¥stodlan ohadtys oblects Details of arrangements for sale ¢ustody segregation of suth assets from the charity's own ass8ts None appllcabkn.
BURLEY HOUSES TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2022 Charlty r•9lstration numr. 207681 Declarations The trustsos dgclarn that th•y haw approwd th• tru*t••s' r•port al>ov•. Slgn•d on b•h•lf of th• eharW• tru•t••s Slgnatur•(•l nRG Heap Full nam•ls) Mr TRG Heap Po•ltlon I•9 S•eMtary. Chalr. •tcl Chaim)8n Dat• 04 Dec8mber 2022
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF BURLEY HOUSES I report lo the Charity Truste on my examination of the accounts of the charity for the year ended 30 June 2022 which are set out pages 8 to 10. Responslbllitles and basi¥ of report As th8 ChariVs Tnjstees Y are r&spcSIbIe for the preparalicw) of the accounts in acccfdan¢e with the requiremanls of the Charitigs Act 20111'the Act.). I report in wp8ct of my examination of the Charitys accounts carried out undar section 145 of the Act 8nd in carrying out my examination I have follow all Ihe appllcable Direclicffts given by the Charity Ccmmmission under se¢tion 14SISI{bl ol the Act. Indep8ndont examln•f8 Stat•monl I hava ¢ompl8led my &x8mlnatson. I confim that no material matters have ¢cth• lo my att110 in connectson wth the examln8tlon givlng mg c8U8e to believe that In any molerial respect.. 8¢counling records W*ere nol kept in r88pect of th8 Chadty as requir3 by 130 of lh8 Act,. or the accounts do nol accord those rerdS I have no concems and have come across no other matters in connection wth the examination lo whi¢h attention should be drawn in this report in order lo enable a proper under¥tanding of the 8ccounls lo be reached. 31gned P Bamell 06 Dember 2022 Name Paul Barnett of Newb Casueman LLP R•l•v•nt ofe8$lonal FCCA dre•• Wesl Walk Building 110 Regonl Road Lelcester LE17LT
BURLEY HOUSES RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2022 Charlty r•gl$trntlon numb•r. 207681 Section A Re¢elpts and p3yTrents Unrnstrlct•d funds to th• n•are•l Total funth to th• n•are•t fundB to th• n•ar••t fvnds to th• ng•re•t L4*t y4ar to th• n•ar•8t A1 Recel ts M&G Inv&stmgnt Fund Income 2,436 2.436 2,584 COIF Share InMe 923 923 899 Bullding socl8ty Inl&rest 1,755 Bank Interest 914 914 70 Contrlbutlons from residents 86.881 66,881 85,900 Contrlbution from residents received in advance 170 170 37 Fundrai81rrtJ Sub tot•l(Gr088 Income Icf ARJ 72,022 72,022 71,245 A2 A8••t and Inv••tm•nt •81M, Tot•1 rnc•lpts 72.022 72,022 71,245
8URLEY HOUSES RECEIPTS AND PAYMENTS AccouKr FOR THE YEAR ENDED 30 JUNE 2022 Ch•rlty r•gl¥trnilon numb•r. 207681 EndoTh•nt funds Total fvnd$ funds fund$ toth• no0TrSt£ to the r•¥••t£ io tho n••r••t £ La •r to Mar•t £ ¢0 th n•are8t £ A3 Powll•nt• Upk••p of bulldlng• Jnd ground: - Repalrs malntenance 38,874 38.874 5,973 - Mainlgnancè of grouThJ8 11A96 8.396 Lh1 and heal 51 51 Insuron 2,160 2,160 1,992 Water rates 88 Prolesslonal f886 Po$ta9e and $tyUor Indep•ndant •x8mlnaiion fegj Sub6cription to Alm•hou 1.500 I,SOO 222 216 Council Tax 87 67 135 Chrigtrnas 9ift• to r•dents 420 420 Mlscdtaneous 156 158 Charnwood 2,908 2,908 2,088 Bank d)arg•& 77 SLC Property Managemei f 2MSO SLC settlng up 108 1.9SO 1,950 Rtfund of raskjersts cMtributKJn& Sub lot1 62,930 82,930 21.312 M A8SOt and In$tm•n¢ pur¢h¥s98 Tot•lp•ym•nl• 62.930 62,930 21.312 N¢tolrncelplrfp•ym•ntsJ 9,092 9,092 49,933 A5 Transf•rs befvnon fund A6 Cuh fund• la8t y••r •nd Cash thls y•arw 528.919 528.919 478,986 538.011 538,011 528,919
BURLEY HOUSES STATEMENT OF ASSETS AND LIABILlEs ASAT 30 JUNE 2022 Charlty roglstratlon numb•r. 207681 SLwGlion B sial&menl of asset5 and liabilities at the end of the period Calogorf• D•tsl fvnd• fuThJs to noar•st t lund B1 Ca•h fund B8rday8 Bank Ple 314.981 Mathet Building Soixety 85,000 Loughborough BwldiThJ Sooety 87MS P8ty Cash Tol•lu$h fvnds 53&011 109rn• balarus wth recelpts and pawn•nts attfjurrt1811 Fund to whlch •Wl b•long• Currnnt v8lu• loptlonal} DetJll• Co•¢ lOpOnl B2 Oth•r mon•t•ry i•••t• 3,635 Int•rn8t r•ceNable 425 Fd to Th•h Co•t l00lon•ll Currnnt 18 lopllonall B3 Inbp•tm•nt M & G Inv8th8nls. Charity MU. 8ss•t Fund 24810 84,173 COIF Chants"es Inen1 Fd Urrnlrtct•J 42.950 382P06 Fund to whkh Curr•nt Valurtr loptlonal Det•ils Colt loptJgn•ll 84 Assots rntln•d for th• chailty's own u#• FreeId Lqnd aThJ buSk1ITrJs Unrestrkt 20.738 Fund wNeh AJThwnt du• lbIlIty r•l•l•• lowlonall When d loptlonall BS Ll•bllWI•• lTrJepeTrJent ewinalvjn accrual Unrestricbj Swdry crodiior Untre Slpn•d by on• or tr0 tru8ts08 on bohaff of all the ¢ru>tge Sbjnottj Prirrt Nwn Date of 8pprovo1 Mr TRG Heap 4 Oec 2022