Charity number: 209495
THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
ACCOUNTS
FOR THE YEAR ENDED
31•t DECEMBER 2023

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
Contents
Trustees Report
Examiner's Report
Receipts and payments accounts
Stslement of a8sets and Iwts'lrt￿s
Note$ lo the accounts

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
TRUSTEES REPORT
For th• year ended 31Jt Dec•rnb8r 2023
Charbty rngistsred numb•r
The Countess of Thanel'g ￿mshI￿$e Chanty is constituted by a Deed of Trust and Is a regist8retJ
chanty No. 209495
Addr•s8 ofth• Charity
Brockshill House. Holtye, Edenbridge. Kent, TN8 7ED.
Th• Tr￿l￿3 during th? year w•r•:
Exaoffl¢lo Trust••s
The Rev'd J Sear- Ex-officiti Rector of the EcClesia$ts'￿I Parish of St. Mary, Hartfi'eld
Nomlnativ• Trn8to•8
rs C Beare
Mr J murray-￿111$
c0.oplat1￿ Tru*t
Mr R Whatley (resigned l November 2023)
Mrs R 8ums
Mr$ J Stlffal
Mr J H Harley
StructUl•* gov•m•nc• and m•nag•m•nt
The governing document is a trusi deed rabfied on the 9th September 1976. Since the closure of St.
Slephen's Ch￿￿h, Hammewod. no ajlemalive Ex-officio has been appointed. Thfr tru61ee5 are
ware Ihts Trust Deed may need lo be updated lo reflect Ihis.
Thè methods adopted for the appoinknrenl of the body of trustees are Ihal the body shall consist of'.-
T4￿? EX￿1¢10 Truslee8- The Rectty of It* Eccle%asltsl Parish of St. Mary, Hartfièld, and the Vicar
of the Ecdesiasb'cal Parish of Sl Stephen. Hammephvod.
Two Nominaltve Trustees - The Fason shall be apw'nled by the Parish Council of Hartfield. Each
appointment shall be made for a tefm of four year¥ at a meets'ng convened and held according 10
ordinary practice of the Parish Counc￿.
Three Co-optative TnJ$lees- The person ￿ through resKlen¢e. occupation or employment, OT
olherwise have special kn￿￿e¢j9e of the Plrish of Hartfield. Each appointment shall be made for
lem) ol five years by a Fe¥DIUti(￿ of the Trustee$ passed at a special meetsng.
Policy on Rw••Th
The Trustees shall establish and maintain a reserve fvnd, to be enb.lled Extraordinary Repair Fund, for
the purposè of providing for the extraordinary repair. impr¢)vement or rebuilding of the almshouses
belonging to the Charity
The fund and the income the￿froM ￿ Invested in the M&G Charity Multi Asset Fund and as of6
May 2021 funds have atso been invested m CCLA COIF Charitie$ Investment Fund.
Page 1

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
TRUSTEES REPORT CONTINUED
For thè year ended 31¥t D•c•mber 2023
Obj•etlvos
The object of the charity 49 to provide almshouse accommodation lor peop￿ in fteed of the
eGclesiaslical parish of Hartfield Of surrounding area The accommodation al the ASmshouse5 at
Holtye Common comprises four house5, one ftat and two bedsrts.
It is the Trustees policy to provide and maintsin good qualty hous￿9 lor its residenls. The charity is
slaffed on an entirely voluntary ba515.
A¢hlev¢monts and porfornianco
charity's princyle source of in¢ome are the contribulions paN1 by the residents. During 2023 these
contn"bulion5 amounted to £28,03612022- É28,036}. The total income for 2023 am¢)unled to £34,508
12022- £33,508]
The total expenditure for 2023 amourrted to £12,08812022- £15.5181. As a resutt the nel receipts
were £22,42012022- £17.9901
The a￿uMulated cash fund stands at £64,12012022- £41.71)01.
D•clar•tlon
Th• trLi$iees dedare that they have approved the Trustees report above.
Slgn•d on b•hall of th• Ch•rlty'• Tru•t
.. TnMt•• - Mrs C Beare
Trus*- Mr J Muffay-￿fjll1s
Dats of approval 16 O¢tober 2024
Page 2

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
I report to the trustees on my examinat￿n of the accounts of the above Charity I'lhe Trusl'l for thè
year ended 31st Oecember 2023, arg set out on pages 4 10 6.
R￿pOnsIbIliti08 and b•sl¥ ol report
As the thanty'$ trustees of the Trust, you are responsible for the weparation ol the accounts in
accordance wbth the requirements of1￿ Charibes Act 2011llhe Act.).
I report in respect of my ¢xaminalK)n ol the Trusl's a¢cwnts ¢arrieil out under ge¢lion 145 of the 2011
Act and in carrying out my examinat￿n. I have followed the applicable Directs'ons given by the Charity
Commission under section 14515)Ibl of the Act.
Ind•p•ndent Ex•mln•rf• Stat•m•nl
I have completed my exarrmnabon. I confim that no material matters have CL)me lo my attents.on in
connection with the examination vknich gwes me cause to believe Ihal in, any mglerial respecL'
• the accounting records were not kept in accordance with section 130 of the Acl or
• the accounts dK1 not ac¢ord wrth the accounting records or
• the accounts did not ¢ompty with the applicabse requirerr¢nts ¢on¢eming the form
and conlent of accounts set out in Ihe Charilies (Accounts and Reports) Regulations
2008 other than èny requirement that the accout)ts give a 'true and fair. view whi¢h is
nol a matter conjthfed as part ol an independent examination
I have no concems and have come across no mattefs in connection ￿th Ihe examination lo which
attent￿n should be drawn In order to enal)le a proper Under$tsndu￿ ol the account$ to be reached.
Robert Brown
DMC Partnwjhlp Limit•d
Chartered Ac¢ountsnt
Yew Tree House
Lewes Road
Forest Row
East Sussex
RH185AA
Date..
Page 3

THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
RECEIPTS AND PAYMENTS ACCOUNTS
For th• year ended 31st ￿￿mber 2023
2022
RECEIPTS
Contributions from residents
Intefesl recerved Chant*s deposrt tund
28.036
540
28,036
74
28.576
28,110
ASSET AND IhlVESTMENT RECEIPTS
"Y￿1nd receipts from shares
5,932
5,398
5.932
5,398
Total R•¢•lpts
34.508
33,508
PAYMENTS
Water
Repairs and Mainlènanee
Insuran
Electri¢
Sub$criplion8
Garden Maintenan
Sewerage
Accountancy
505
417
1.100
630
572
3.547
1.080
18T
1,823
1,326
1.524
942
6,156
10. 120
ASSET AND INVESTMENT PAYMENTS
Retained dNidend receip15 from shares
5,932
5,398
5.932
5,398
Total Paym•nts
12.088
15,518
NEf RECEIPTS
22,420
17,990
CASH FUNDS LAST YEAR END
41,700
23.710
CASH FUNDS THIS YEAR ENO
64.120
41,700
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THE COUNTESS OF THANET'S ALMSHOUSE CHARITY
STATEMENT OF ASSETS AND LIABILITIES
As at 31st Decembw 2023
CASH FUNDS
UnrnstrSct8d Unr08tr1ctsd
Funds
Funds
2023
Bank Current Account
Charities Deposit Fund
15,927
48,193
34,047
7.653
Totsl ¢*Jh funds
64110
41.700
INVESTMENT ASSETS
Funds to T*4hich
Marltet Valu•
Markot Valu•
31 0gc•mbgr 2023 31 ￿¢0mb•r 2022
M&G Charrty Multi Asset Fund
11*1 Re5trcted
CCLA COIF Charitw Investment Fund 11b) Restr￿tell
155,409
28.803
146.324
25.632
ASSETS RETAINED FOR CHARITY'S OWN USE
Fund$ to ¥vl)Ich
aswt b•long•
mshouse at Holtye Cthnnw)n. East Sussex
12> Endowmenl
LIABILITIES
There arè no liabilrties
Slgned on b•half ol th• Ch*rlty'* TNstM•
l•• . Mrs C Beare
TnAt•• - Mr J Murray-V4fjlli5
Dats of approval 16 October 2024
Page 5

THE COUNTESS OF THANEf's ALMSHOUSE CHARITY
NOTES TO THE ACCOUNTS
For the year ended 31*1 De¢wnb?r 2023
111 Inv••tm•nts
Current holdings
1•) 1.386.556 (2022
Charrty Mults Asset Fund.
1.386.556) Accumulation Shares (Extraordinary Repair Fund) with M&G
The income in respect ol A¢cumuSation Shares is not dtstributed but retained in the Fund and is
refiecled in the pnce of Ihe Shares
Income from Accumulation Shares ret*￿d
£ 5,93212022- £5,3981
11bl 116.1412022- 116.141 AcCumulat￿n Units with CCLA COIF Charities Inve$lmenl Fund.
No dNiderKls are paKI on holdings ol accumulati￿ units.
12} Pemian•nt Endo*Tn•nl
The Almshcwse at Holtye Common. East &Js8ex Freehold was vesttd in the Offio'al Cu$ltsdian$ of
chan1￿$ on 301h June 1871.
13) I￿orn• Tax and Value Add•d Tax
Ag 4 registered charty the Trust Is 9eneralty exempl from Income Tax bul not from VAT. The charity
is not registered lor VAT and aecordingly payments are shown gross of VAT.
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