THE DAWES HOMES TRUST Charity No. 209044 Report of the Trustees for the year ending 5 April 2025 ## **Report of the Trustees and Financial Statements for the Year Ended 5 April 2025 for The Dawes Homes** ## **Trustees' Annual Report for the period 6[th] April 2024 to 5[th] April 2025** ## **Preamble** The trustees present their report with the financial statements of the charity for the year ended 5 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). Accounts are prepared on Receipts and Payments basis in accordance with CC16. ## **Section A Reference and administration details** Charity name: The Dawes Trust Other names the charity is known by: Dawes Homes Trust, Dawes Homes Registered charity number 209044 Charity's principal address Dawes Homes Trust, c/o 1 Fullers Close Chesham HP5 1LU Trustees Peter Spring Chairman Jennifer Alison Sandra de Morney Davis Howard Walters Deceased during the year Michael Hardman There were no other Trustees during the period ## **Section B Structure, governance and management** Type of governing document Trust Deed How the charity is constituted Unincorporated charitable trust Trustee selection methods Trustees are selected following an interview. They are required to understand the requirements of retired people with little or no capital. They should have management and decision-making experience. Knowledge of buildings, renting and finance is not necessary but is desirable. In common with other almshouse charities, recruitment of extra trustees with the 2025 06 10 - 2025 Dawes Homes Report of the Trustees.docx Page **1** of **5** THE DAWES HOMES TRUST Charity No. 209044 Report of the Trustees for the year ending 5 April 2025 appropriate experience is proving to be very difficult. The search continues. ## **Section C Objectives and activities** The Dawes Homes Trust was established under the Will of the late Miss Mary Gertrude Dawes. In summary the objects of the Trust are: - To provide homes for aged folk of modest means - To let such houses or bungalows to such persons as in their absolute judgement they shall consider are of modest means. - To charge such rent as they shall in each case think fit having regard to the means of the tenant. The Trust has continued to provide homes according to the Trust deed, namely, offering homes to the public at a reasonable rent according to their means. We have continued to maintain the premises to a high standard and completely refurbished one dwelling on the change of resident. The Trust fully complies with the Charity Commission requirements on public benefit. All the Trustees are volunteers who do not receive any remuneration for the time and effort put in by them. The administrator receives a small honorarium to recognise the excellent contribution provided to the residents and the Trustees. The trust is indebted to its administrator and trustees for all their hard work. ## **Section D Achievements and performance** The Trust continues to maintain the property to a high standard and will continue the programme of repairing and improving the facilities and accommodation offered to the residents. Outgoings in the year fell back to expected levels and we finished the year with a small surplus. In the coming year it will be necessary to increase the monthly charges to keep up with inflationary pressures. Nevertheless, we intend keeping the monthly charges below the equivalent fair rent level. In November 2023 we submitted a planning application to Buckinghamshire Council for a conversion of the underused community room into a 2-bedroom flat for a further two residents. No planning applications in our area have been granted for at least the past 18 months while the Local Authorities determine the strategic direction of Chiltern Beechwoods SAC. We are hopeful that permission will be granted in the coming financial year. 2025 06 10 - 2025 Dawes Homes Report of the Trustees.docx Page **2** of **5** THE DAWES HOMES TRUST Charity No. 209044 Report of the Trustees for the year ending 5 April 2025 ## **Section E Financial review.** The Trustees consider the appropriate level of reserves is a sum equivalent one year’s normal expenditure (i.e. excluding development improvements). This sum is currently £25,000. The funds are not in deficit. The charity has approximately £85,000 in cash and investments. Monthly Maintenance receipts this year are approximately 15% higher than last year due to a Trustee decision to raise these progressively to a fair rent equivalent. The Trustees are reviewing the level of MMCs for the coming year but would expect these to be slightly more than inflation. The Trust will continue the programme of repairing and improving the facilities and accommodation offered to the residents. The Trust is actively seeking grants and low-cost loans to continue the programme of improvements. ## **Section F Other optional information** The homes are heated by electricity. The trustees acknowledge the high cost to the residents of electricity and will be seeking funding to provide solar panels. ## **Section G Declaration** The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Full name(s) Peter Spring Position Chairman Date 14[th] June 2025 2025 06 10 - 2025 Dawes Homes Report of the Trustees.docx Page **3** of **5** ## THE DAWES HOMES TRUST Charity No. 209044 Report of the Trustees for the year ending 5 April 2025 **----- Start of picture text -----**
CC16a
THE DAWES TRUST 209044
Receipts and payments accounts
For the period from 06-Apr-24
To 05-Apr-25
SECTION A Receipts and Payments
All funds are unrestricted
All figures to the nearest £
Current year Last year
A1 Receipts
Rents received 31,493 27,449
Interest 115 134
Other income - -
- -
Sub total (Gross income for AR) 31,608 27,583
A2 Asset and investment sales None None
Total receipts 31,608 27,583
A3 Payments
Housing, energy, insurance, routine maintenance 16,895 9,517
Administration 3,433 2,480
Major repairs 2,213 9,465
Improvements 8,935 15,565
Sundry 51 -
- -
Sub total 31,527 37,027
A4 Asset and investment purchases, None None
(see table)
Total payments 31,527 37,027
Net of receipts/(payments) 81 -9444
A5 Transfers between funds - 0
A6 Cash funds last year end 13,580 23024
Cash funds this year end 13,661 13580
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SECTION B Statement of Assets and
Liabilities at the end of the period
B1 Cash funds
Current account
5,283
Deposit account 8,378
-
Total cash funds 13,661
B2 Other monetary assets
NONE
B3 Investment assets
Current value
Details (optional)
Black Rock Charity UK 52,700
Equity
Black Rock Charity UK 18,840
Bond
B4 Assets retained for the charity’s
own use
Details Current value
Property at Insurance 2,200,000
B5 Liabilities
NONE
Signed by one or two trustees on
behalf of all the trustees
Date of
Signature
approval
P SPRING 12/06/2025
H WALTERS 12/06/2025
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