**Registered Charity Number: 208512**
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
**The Trustees’ Annual Report and Unaudited Receipts and Payments Account For the year ended 31[st] December 2021**
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
## **CONTENTS**
||**Page**|
|---|---|
|Legal & Administration Details|1|
|Trustee’s Report|2 – 4|
|Independent Examiner’s Report|5|
|Unaudited Receipts and Payments Account|6|
|Statement of Assets and Liabilities|7|
|Notes|8|
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
## **Legal and Administration Details for the year ended 31 December 2021**
**Registered Charity Number** 208512
**The Corresponding Member** Mrs Janet Palmart **The Principal Address** Church Office Church Centre Causeway Horsham RH12 1HE Telephone: 01403 253762 Email: almshouses@horshamstmarys.org.uk
**The Trustees : -** _four for the time being and by virtue of their office and one co-opted_
Revd. Canon Lisa Barnett Rector of the Parish of Horsham Mr Nigel Stalley (retired 10[th] May 2021) Churchwarden of the Parish of Horsham Mrs Morag Davies Churchwarden of the Parish of Horsham Mrs Catherine Hatton (appt 10[th] May 2021) Churchwarden of the Parish of Horsham Mr Peter Fruin (appt 10[th] May 2021) Churchwarden of the Parish of Horsham Mr Stephen Benson Co-opted **The Hon. Treasurers** Mr Clive Palmart & Mrs Janet Palmart **The Hon. Secretary to the Trustees** Vacant **The Warden of St. Mary’s House** Ms Joanne Kinsley-Smith **Bankers** National Westminster Bank PLC 47 The Carfax Horsham West Sussex RH12 1FD **Insurers** Grout Insurance Brokers (RSA underwritten) **Independent Examiner** Mr Mark Thompson (Kestrel Accounting)
Page 1
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
**________________________________________________________________________**
## **Report of the Trustees for the year ended 31 December 2021**
The Trustees have pleasure in submitting their annual report together with the unaudited accounts of the charity for the year ended 31 December 2021.
## **Administration Details Constitution**
The charity is set up under a Trust Deed which sets out the objectives and purposes of the charity.
## **Structure, Governance and Management**
The Trust Deed was adopted on 6[th] March 1908 as amended 26[th] June 1953, Charities Commissioners Order sanction of 13[th] December 1990 and further amendment January 2005.
St. Mary’s House is managed by the Trustees, which comprises the Rector of the Parish of Horsham, the Churchwardens of the Parish of Horsham and one co-opted Trustee. The Trustees meet at least four times in each year and deal with the administration of the charity overseeing financial accountability, risk management and any other administrative business of St. Mary’s House. The operational management of the organisation is undertaken by the Trustees and volunteers.
## **Objectives and Activities**
The purpose of the Charity is the provision and maintenance of accommodation for approximately 10 persons, normally of pensionable age, who do not have the financial resources to purchase their own accommodation. The Charity aims to provide a caring and supportive Christian community for its elderly residents.
## The only employee of the Charity is the Warden of St Mary’s House.
The bulk of the accommodation is as units comprising sitting room, bedroom, bathroom/toilet and kitchen. There is one two bedroomed unit. The units are split between two houses, east and west.
## **Activities during the year**
- Complete new kitchen and carpets installed in the Warden’s accommodation at St. Mary’s Lodge.
- New showers installed in Flats 11, 14, 15 and 16
- Repairs to the boundary wall with St. Mary’s School
- New tumble dryer installed in the laundry room
- Extensive garden clearance and planting carried out together with the introduction of planters
- New gravelled patio constructed with outdoor seats, table and parasol
Page 2
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
## **________________________________________________________________________**
## **Report of the Trustees - continued for the year ended 31 December 2021**
## **__________________________________________________________________**
## **Public Benefit Statements**
The Trustees have had regard to the Charity Commission’s guidance on their legal duty on public benefit and are satisfied that that the Charity delivers public benefit; due regard is paid to the guidance on public benefit when deciding on what new projects the charity should undertake.
## **Investments**
A routine Maintenance Fund exists to support the cost of maintenance and repairs where the need arises.
It is the Trustees’ general policy, wherever possible, to pay for all maintenance and repairs from income. When the decision is taken to transfer monies to the Reserve, the Trustees always take full account of the general financial position of the Almshouse as well as what they see as the medium term needs (ie. up to four years ahead)
All investments are currently held with:
The Central Board of Finance of the Church of England and The M&G Charity Multi Asset Fund
## **Other Assets**
The Land and Building Asset (based on replacement insurance valuations at 2019) £2.488M
## **Liabilities**
As at 31 December 2021 £nil (2020: £4,000).
## **Trustees**
No remuneration was paid to the Trustees during the year (2020: £ nil).
Page 3
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
**___________________________________________________________________**
## **Report of the Trustees - continued for the year ended 31 December 2021**
## **___________________________________________________________________**
## **Statement of the Trustees’ Responsibilities**
The Charities Act 2011 requires the Trustees to keep proper books of account with respect to the affairs of the charity, and to prepare statements of unaudited accounts for each accounting year consisting of a Receipts and Payments account together with notes to the accounts. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In preparing these accounts, the Trustees are expected to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and estimates that are reasonable and prudent;
- Follow the recommendations of the Charity Commission and of the accounting profession with regard to the form and content of the unaudited accounts and to disclose and explain any departures there from;
- Prepare the unaudited accounts on a going concern basis unless it is inappropriate to presume that the charity will be able to meet its objectives; and
- Consider the Charity Commission’s guidance on public benefit.
## **Declaration**
The Trustees have approved the Trustees’ Report and signed on behalf of the Trustees.
## **Signature** …..… _Stephen Benson_ …………
**Position** Trustee
**Date** 8[th] August 2022
Page 4
**The St. Mary’s Charities (also known as St. Mary’s Hospital Charities)**
## **___________________________________________________________________**
## **Independent Examiner’s Report to the Trustees for the year ended 31 December 2021**
I report to the Trustees on my examination of the accounts of The St. Mary’s Charities (also known as St. Mary’s Hospital Charities) for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the Trustees of the Charity, 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 2011 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.
My work has been undertaken so that I might state to the Group’s Trustees those matters I am required to state to them in an Independent Examiner’s Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the group and the Group’s Trustees, as a body, for my work or for this report.
## **Independent Examiner’s Statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:
1. Accounting records were not kept in respect of the charity as required by Section 130 of the Act; or
2. The accounts do not accord with those records
3. The financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a “true and fair view” which is not a matter considered as part of an independent examination.
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.
**Signed** _Mark Thompson_ , Kestrel Accounting **Date** 12[th] August 2022 **Address** 3 Brown Twins Road, Hurstpierpoint, West Sussex, BN6 9XT
Page 5
**The St. Mary's Charities (also known as St. Mary's Hospital Charities)**
## **Year Ended 31 December 2021**
## **RECEIPTS AND PAYMENTS ACCOUNT**
|**GENERAL FUNDS**
**Note**
**Income Receipts**
Weekly Maintenance Charge:
Rent
Heating
Total:
**Income from Investments**
Dividends
1
CBF Deposit Interest
2
Bank Interest
**Other receipts**
Miscellaneous - Guest Rent
Miscellaneous - Other Income
**TOTAL RECEIPTS:**
**Direct Charitable Expenditure**
Projects
3
**Other payments:**
Water Rates
Electricity - net
4
Telephone
Insurance
Repairs, Maintenance etc
5
Cleaning
Gas
Warden
Miscellaneous and office expenses
NAA Subscription
Alarm System
Bank charges
HDC - Rates vacant flats
**TOTAL PAYMENTS :**
**Excess (deficit) of receipts over payments**
Transfers between funds
**Bank and Investment Balances at 1 January 2021**
Net Gain / (loss) on investments
**Bank and Investment Balances at 31 December 2021**|**Unrestricted**
**Endowment**
**TOTAL**
**TOTAL**
**Funds 2021**
**Funds 2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
36,693
36,693
34,606
6,527
6,527
5,904
43,220
-
43,220
40,510
67
206
273
289
22
22
175
4
4
41
199
199
180
435
435
-
**43,947**
**206**
**44,153**
**41,195**
16,619
16,619
22,219
2,077
2,077
2,169
1,425
1,425
1,158
160
160
245
1,617
1,617
2,359
7,319
7,319
14,844
1,585
1,585
1,656
4,810
4,810
3,356
5,000
5,000
3,002
594
594
842
-
-
250
1,936
1,936
1,936
21
21
-
-
-
935
**43,163**
**-**
**43,163**
**54,971**
**784**
**206**
**990**
**(13,776)**
206
(206)
-
-
**990**
**-**
**990**
**(13,776)**
79,790
25,177
104,967
119,956
153
3,100
3,253
(1,213)
**80,933**
**£**
**28,277**
**£**
**109,210**
**£**
**104,967**
**£**|
|---|---|
Page 6
## **The St. Mary's Charities**
## **(also known as St. Mary's Hospital Charities)**
## **Year Ended 31 December 2021**
## **Statement of Assets and Liabilities**
||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|
||Funds|Funds|2021|2020|
|**Cash Funds**|||||
|Bank Current Account|50||50|50|
|Bank Reserve Account|37,532||37,532|36,459|
|Petty Cash|24||24|129|
|**Investment Assets**|||||
|CBF Deposit - Routine maintenance fund|41,479||41,479|41,457|
|**M&G Charity Multi Asset Units - Accumulation Units**|||||
|ERF||5,844|5,844|5,164|
|Robert Woodruff Crowhurst 160 Units||16,753|16,753|14,803|
|**M&G Charity Multi Asset Units - Income Units**|||||
|Eversfield Bequest||219|219|200|
|Lea Bequest||1,192|1,192|1,094|
|Tanner Charity||487|487|446|
|Susan Ellen Miller||1,006|1,006|923|
|Robert Woodruff Crowhurst||2,776|2,776|2,547|
|General Fund|1,848||1,848|1,695|
|**TOTAL**|**80,933**|**28,277**|**109,210**|**104,967**|
|**Movements of cash during the year**|||M&G||
||Bank accounts|CBF Deposit|Charity Multi|Total|
||and petty cash|accounts|Asset Units|2021|
|**Balance as at 1 January 2021**|**36,638**|**41,457**|**26,872**|**104,967**|
|Total receipts|43,858|22|273|44,153|
|Total payments|(43,163)||-|(43,163)|
|Transfers between assets|273||(273)|-|
|Net Gain / (loss) on investments|||3,253|3,253|
|**Balance as at 31 December 2021**|**37,606**|**41,479**|**30,125**|**109,210**|
Signed on behalf of the Trustees.
**Signature** _Janet Palmart_
**Position** Treasurer, The St. Mary's Hospital Charities **Date** 12th August 2022
Page 7
**The St. Mary's Charities (also known as St. Mary's Hospital Charities)**
## **Year Ended 31 December 2021**
## **Notes to the Accounts**
|**Note**||||||||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**||**Endowment**||**TOTAL**|**TOTAL**|
|||**Funds**|**2021**|**Funds**|**2021**|**2021**|**2020**|
|||**£**||**£**||**£**|**£**|
|**1**|**Income from Investments - Dividends**|||||||
||Eversfield Bequest||||8|8|8|
||Lea Bequest||||43|43|46|
||Tanner Bequest||||18|18|19|
||Susan Ellen Miller||||36|36|39|
||Robert Woodruffe Crowhurst||||101|101|106|
||General Fund||67|||67|71|
||**Total**||**£67**||**£206**|**£273**|**£289**|
|**2**|**CBF Deposit Interest**|||||||
||St Mary's Hospital Charity||22|||22|162|
||St. Mary's Amenities Fund|||||-|13|
||**Total**||**£22**||**£-**|**£22**|**£175**|
|**3**|**Direct Charitable Expenditure on Projects**|||||**2021**
**£**|**2020**
**£**|
||Repairs to electrics|||||3,109|-|
||New kitchen|||||6,699|-|
||Shower installation|||||1,729|-|
||Replacement doors and frames|||||-|20,617|
||Contribution to repair work on boundary wall|||||5,082|1,602|
||**Total**|||||**£16,619**|**£22,219**|
|**4**|Electricity expenses are shown net of residents|contributions||||||
|**5**|**Repairs and maintenance**|||||**2021**
**£**|**2020**
**£**|
||New carpets|||||1,699|1,303|
||New tumble dryer|||||409|-|
||General repairs|||||494|-|
||Gardening expenses|||||2,443|3,272|
||Boiler servicing and repairs|||||1,130|1,515|
||Fire Alarm servicing|||||510|1,185|
||Other|||||634|736|
||3 new cookers and installation|||||-|960|
||Plumbing repairs|||||-|629|
||General electrical repairs|||||-|1,704|
||Roof repairs|||||-|3,540|
||**Total**|||||**£7,319**|**£14,844**|
Page 8