Charity registration number: 207681
BURLEY HOUSES
TRUSTEES' REPORT AND ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2023
BURLEY HOUSES
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 6 |
| Independent examiner's report | 7 |
| Receipts and payments account | 8 - 9 |
| Statement of assets and liabilities | 10 |
BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
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Objectives and Activities
Summary of the purposes of the The objective of the Charity is the provision and maintenance of residential property to
charity as set out in its governing residents who shall be poor women who:
document (1) have lived in the County of Leicestershire for a period of ten years, or,
(2) have had or have a husband who was either born in the said county or who has lived
there for a period of ten years, or
(3) have had or have a parent who was either born in the said county or who has lived there
for a period of ten years.
Preference shall be given to widows or daughters of professional men including artists and
literary men.
The Charity provides 14 affordable housing units for poor women.
Summary of the main activities in
The property maintenance contractors are monitored to ensure that general repairs are dealt
relation to those purposes for the
with to the Trustees' expectations.
public benefit, in particular, the
A waiting list for tenancy is maintained.
activities, projects or services
identified in the accounts.
The Trustees confirm that when planning the activities for the year and exercising their
Statement confirming whether the duties, they have had due regard to the guidance issued by the Charity Commission on
public benefit.
trustees have had regard to the
guidance issued by the Charity
Our objects limit the services we provide to poor women with a connection to Leicestershire
Commission on public benefit
but this is deemed to be a sufficient section of the public.
Additional information(optional)
Policy on grant making Optional
Policy on social investment including Optional
programme related investment
Contribution made by volunteers Optional
Other Optional
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BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
Achievements and Performance SOCIAL EVENTS A summer garden party was held, and a Christmas get together was also held in early December. PROPERTIES The property manager continues to carry out quarterly inspections of all the properties. Major works of improvement have been carried out during the year costing in excess of £250,000. The principal works have been re-roofing the main building, extensive plumbing improvements including the installation of a number of new showers, replacing the guttering, remedial electrical works, new CCTV system and a start has been made on replacing the older central heating boilers. It is anticipated that next year major damp proofing work will be carried out throughout the building. Our grounds contactor has now had an operation on his hernia and so it is hoped that work can commence on relaying the paving at the front of the property. Summary of the main achievements Charnwood Lifeline (Charnwood Borough Council) continues to monitor a number of the of the charity during the year residents by electronic communications and a weekly Warden visit for those residents who agree to have it. The more active residents have declined to take this up. GROUNDS Garden contractors continue to maintain the grounds in an excellent manor. The new flower gardener proved very successful. RESIDENTS Thirteen of the fourteen houses and lodges have been fully allocated throughout the year (subject to one house having a change of occupant). One resident has unfortunately died, but the Trustees do not anticipate any difficulty in allocating the property to someone on the waiting list. Some of the occupants continue to take part in the maintenance of the gardens. The usual half yearly meetings with the residents during the year have taken place.
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BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
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Financial Review
The Trustees' Report has been drawn up in accordance with the FRS 102 SORP (2019).
The accounts have been drawn up in accordance with CC16 - see accounts on pages 8-10.
Review of the charity’s financial
Cash funds held at 30 June 2023 amounted to £309,771.
position at the end of the period
All 14 available housing units within Burley Houses were fully occupied at the year end, but
one resident is currently in care and it is doubtful if she will return.
The Trustees maintain the reserves to ensure that day to day running maintenance is
Statement explaining the policy for covered. In addition, the Trustees maintain a sufficient balance in reserves to meet planned
holding reserves stating why they are major repairs and maintenance. The Trustees are permanently aware that with a building of
held almost 100 years old maintenance is an ongoing feature of the running of the Charity to
ensure that residents are as comfortable as possible.
Amount of reserves held £309,771
At the time of approving these accounts the Trustees have a reasonable expectation that the
Explanation of any uncertainties about
Charity has adequate resources to continue in operation for the forseeable future. The
the charity continuing as a going
Trustees do not consider there to be any uncertainties about the Charity continuing as a
concern
going concern.
Additional information (optional)
The Trustee board is aware of all risks to which the charity is exposed, and these are
A description of the principal risks
reviewed regularly. Key risks are considered to be the safety of the residents on the property
facing the charity
and data protection. Systems are in place to mitigate these risks.
The charity plans continuing the activities outlined above in the forthcoming years subject to
Plans for the future satisfactory funding arrangements. Sufficient funds are available for works to be carried out
as outlined above.
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BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
Structure, Governance and Management
Description of charity’s trusts:
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Type of governing document The Charity is administered and managed by the Trustees subject to the Trust Deed.
How is the charity constituted? Unincorporated Association. The Trustees had resolved to pursue becoming a Charitable
Incorporated Organisation but have now decided to leave the structure as it is and take out
insurance to protect the Trustees' position.
Trustee selection methods including The body of Trustees when complete shall consist of six competent persons being:
details of any constitutional provisions Two Nominative Trustees and
e.g. election to post or name of any
Four Co-optative Trustees.
person or body entitled to appoint one
or more trustees The Nominative Trustees shall be appointed as follows:
One by Leicester City Council and
One by Charnwood Borough Council.
Appointment of the Trustees is governed by the Trust Deed of the Charity. The Board of
Trustees is authorised to appoint new Trustees to fill vacancies arising through resignation or
death of an existing Trustee.
Each appointment shall be made for a term of four years at a meeting convened and held
according to the ordinary practice of the appointing council. The chairman of the meeting
shall cause the name of each person appointed to be notified forthwith to the Trustees or
their clerk. The person appointed may be but need not be a member of the appointing
council.
The Co-optative Trustees shall be persons who through residence, occupation or
employment, or otherwise have special knowledge of the County of Leicestershire.
Every Co-optative Trustee shall be appointed for a term of five years by a resolution of the
Trustees passed at a special meeting of which not less than 21 days notice has been given
and may be so appointed not more than one month before the term of an existing Co-
optative Trustee expires with effect from the date of expiry but so that the latter shall not vote
on the matter.
Leicester City Council have declined to nominate a Trustee.
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Additional governance issues (optional information)
| Policies and procedures adopted for | |
|---|---|
| the induction and training of trustees | |
| The charity’s organisational structure | The Trustees have met four times at regular quarterly meetings and have also met on a |
| and any wider network with which the | number of additional occasions to discuss the work being carried out at the property. |
| charity works | |
| Relationship with any related parties |
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BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
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Reference and Administrative details
Charity name Burley Houses
Other names charity is known by None
Registered charity number 207681
Charity’s principal address 6 Conery Lane
Enderby
Leicester
LE19 4AB
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Names of the charity trustees who manage the charity
| Trustee name | Office (if any) | Dates acted if not for whole year | ||
|---|---|---|---|---|
| 1 | Mr TRG Heap | Chairman | ||
| 2 | Mr KR Harkness | Treasurer | ||
| 3 | Mrs J Gaskell | |||
| 4 | Mr I Bowler | (Appointed 12 July 2022) | ||
| 5 | Cllr J Howe | Charnwood | Borough Council - Nominative Trustee (Resigned 8 May 2023) |
Name of the trustees for the charity, if any, (for example, any custodial trustees)
| Name | Dates | acted | if | not | for | whole | year | |
|---|---|---|---|---|---|---|---|---|
| None | ||||||||
Names and addresses of advisers (optional information)
| Type of adviser | Name | Address |
|---|---|---|
| Bankers | Barclays Bank plc |
1-3 Haymarket Towers, Humberstone Gate, Leicester, LE1 1WA |
| Funds held as custodian trustees | on behalf of others |
|---|---|
| Description of the assets held in this capacity |
None |
| Name and objects of the charity on | |
| whose behalf the assets are held and how this falls within the custodian |
None |
| charity’s objects | |
| Details of arrangements for safe | |
| custody and segregation of such | Not applicable. |
| assets from the charity’s own assets |
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BURLEY HOUSES
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Date Position (eg Secretary, Chair, etc) |
Mr TRG Heap Chairman TRG Heap 09 January 2024 |
|---|---|
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BURLEY HOUSES
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 30 June 2023 which are set out pages 8 to 10.
Responsibilities and basis of report
As the Charity’s Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
-
the accounts do not accord with those records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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Signed
P Barnett Date 10 January 2024
Name Paul Barnett of Newby Castleman LLP
Relevant
FCCA
professional
Address West Walk Building
110 Regent Road
Leicester
LE1 7LT
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BURLEY HOUSES
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
Section A Receipts and payments
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Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest to the nearest to the nearest to the nearest to the nearest
£ £ £ £ £
A1 Receipts
M&G Investment Fund income 2,584 2,584 2,436
COIF Share income 935 935 923
Building society interest 1,082 1,082 698
Bank interest 1,167 1,167 914
Raffle income 66 66 -
Contributions from residents 70,171 70,171 66,881
Contribution from residents
56 56 170
received in advance
Contribution from residents
596 596 -
received in arrears
Sub total (Gross income for AR) [ 76,657 ] - - 76,657 72,022
A2 Asset and investment sales, etc. - - - - -
76,657 - - 76,657 72,022
Total receipts
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BURLEY HOUSES
RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30 JUNE 2023
Charity registration number: 207681
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Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A3 Payments
Upkeep of buildings and grounds:
- Repairs and maintenance 21,663 21,663 38,874
- Maintenance of grounds 12,071 12,071 11,496
- Plumbing work 39,150 39,150 -
- Roof work 131,250 131,250 -
- Boiler work 22,110 22,110 -
- Shower work 20,498 20,498 -
- Guttering work 19,521 19,521 -
- Electrical work 15,565 15,565 -
- CCTV costs 6,543 6,543 -
Light and heat 169 169 51
Insurance - - 2,160
Water rates 87 87 113
Postage and stationery - - 44
Independent examination fees 1,500 1,500 1,500
Subscription to Almshouses
233 233 222
Association
Council Tax 706 706 67
Christmas gifts to residents 360 360 420
Miscellaneous 169 169 156
Charnwood Lifeline 1,692 1,692 2,908
Bank charges 110 110 119
SLC Property Managemet fees 11,400 11,400 2,850
SLC setting up fee - - 1,950
Donations 100 100 -
Sub total
304,897 - - 304,897 62,930
A4 Asset and investment
purchases - - - - -
Total payments 304,897 304,897 62,930
Net of receipts/(payments) (228,240) - - (228,240) 9,092
A5 Transfers between funds - - - - -
A6 Cash funds last year end 538,011 538,011 528,919
Cash funds this year end 309,771 - - 309,771 538,011
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BURLEY HOUSES
STATEMENT OF ASSETS AND LIABILITIES AS AT 30 JUNE 2023
Charity registration number: 207681
Section B Statement of assets and liabilities at the end of the period
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Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest £ to nearest £
B1 Cash funds
Barclays Bank Plc 135,704
Market Harborough Building Society 85,000
Loughborough Building Society 89,067
Total cash funds 309,771 - -
(agree balances with receipts and
payments account(s)) -
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
B2 Other monetary Prepayments Unrestricted 760
assets
Accrued income Unrestricted 1,003
Interest receivable Unrestricted 1,271
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
B3 Investment M & G Investments - Charity Multi asset
Unrestricted 24,810 64,564
assets Fund
COIF Charities Investment Fund Unrestricted 42,950 405,780
Fund to which Current value
Cost (optional)
Details asset belongs (optional)
B4 Assets retained
Freehold land and buildings Unrestricted 20,738
for the charity’s
own use
Fund to which Amount due When due
Details liability relates (optional) (optional)
B5 Liabilities
Independent examination accrual Unrestricted 1,500
Deferred income Unrestricted 771
Signed by one or Signature Print Name Date of approval
two trustees on
behalf of all the
TRG Heap Mr TRG Heap 9 Jan 2024
trustees
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