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| Name ochief executive o | rna | mes ofsenior staff members (Optional information) |
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| Description ofthe charity's trusts |
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| Type ofgoverning document |
L1(R)210.585.Alt Scheme including appointment ofTrustees and vesting |
in Official | ||||||
| Custodian for Charities |
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| How the charity is constituted | ||||||||
| Trustee selection methods | Ex-Officio Trustee (1)The Vicar ofEcclesiastical Parish Cardington |
ofSt.Maiy, | ||||||
| Nominative Trustees |
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| Bedford Borough Council (1) | ||||||||
| Cardington Parish Council (2) |
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| Cople Parish Council (2) | ||||||||
| Eastcotts Pa~ish Council (2) | ||||||||
| Cotton End Parish Council (2) | ||||||||
| Co-optative Trustees —persons residing |
or carrying | on | business | in or | ||||
| near the area ofbenefit (2) Charles Whitbread First Co-o tative Trustee shall be entitled to hold office |
for life | |||||||
| Additional governance issues |
(Optional information) |
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| You may choose to include | The Charity is a member ofthe Almshouse |
Association | ||||||
| additional information, where |
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| relevant, about: | ||||||||
| ~ | policies and procedures | |||||||
| adopted forthe induction | and | |||||||
| training oftrustees; |
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| the chantY s organisationai stmcture and anY w'der network with which the charitY works; |
Trustees are recruited through local Parish Councils, Cardington, Cotton End and Shortstown. Trustee meetings are held quarterly virtual meeting during the pandemic. |
Cople, via |
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| relationship with any related |
Member ofthe Almshouse Association |
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| parties; | ||||||||
| ~ | trustees' consideration of major risks and the system and procedures to manage them. |
Annual property inspections take place by Trustees and Clerk 5year electrical inspections are carried out by commercial electricians. Annual inspection ofsmoke alarms by one nominated Trustee and Clerk. Replacements are installed as and when necessary |
| Cardington Cople 8 Eastcotts Charity is the Official |
Custodian of8 |
Custodian of8 |
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| Summary ofthe objects ofthe charity set out in its |
Charities as listed in the Charity's Constitution. The eight charities relate to the 8Almshouses situated in the Parish ofCardington, Bedfordshire. |
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| governing document |
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| Summary ofthe main activities undertaken forthe public benefit in relation to |
The qualification ofalmspeople -The almspeople shall be poor persons who (except in special cases to be approved by the Commissioners) are resident in the area of benefrt atthe time ofappointment. |
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| these objects (include within this section the statutory declaration that trustees have had regard tothe guidance |
Applicants are requested to complete an application form and attend an informal interview. They are also required to sign and abide by the Conditions ofResidency. |
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| issued by the Charity Commission on public benefit) |
Residents are required to pay a weekly maintenance contribution (WMC). This contribution goes towards the maintenance, upkeep, and mana ement ofthe 8 ro erties. The WMC is reviewed every 3 ears |
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| Additional details ofobjectives |
and activities (Optional information) |
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| You may choose to include | |||
| further statements, where |
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| relevant, about: |
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| ~ policy on grantmaking; |
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| ~ policy programme related |
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| investment; | |||
| ~ contribution made by |
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| volunteers. |
| s ~ |
s ~ ~ |
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| Summary ofthe main achievements ofthe charity |
5year Electrical Inspection carried out in all properties and out-buildinos. |
| during the year | Replacement shower cubicle at No 2 TG |
| Replacement lounge storage heater at No 2SR |
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| Commissioning an Architect to design major changes to No 1 8 No 2 |
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| Southill Road, Cardington to seek planning approval to increase bedroom size from a small one bedroom to three-bedroom properties. With a view |
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| to accommodate:families in need. |
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| Briefstatement ofthe charity's policy on reserves |
The Charity holds reserves as follows:- Emergency Repair Fund (ERM) Investments relating to the charities listed in the constitution |
| Cyclical Maintenance Fund (CMF) in Virgin Savings Account Routine Maintenance Fund (RMF) 85K held in Bank Account |
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| Oe1 iIsofan funds m 1en 8 in deFtcit |
AImshouse Loan—repaYmentsare madetw icea year, baIance outstanding atyear end 31 March 2021 F19,687.50 |
| Further financial review details |
(Optional information) |
| You may choose to include | |
| additional information, where |
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| relevant about: | |
| ~ the charity's principal sources offunds (including any fundraising); ~ how expenditure has |
Weekly maintenance contribution (WMC) forthe 8 properties. The WMC are reviewed every 3years using the services ofthe VOA to establish equivalent fair rent. Unfortunately due to the pandemic this has been delayed until the summer of2021. |
| A th I ~ ~ hio our hv&reu «&e key vujr vuVas ofthe charity, |
Key objectives maintenance ofthe 8Almshouses |
| ~ investment policy and objectives including any ethical investment policy adopted. |
As from January 2020 Trustees agreed to invest in MSG investments 7named investments as stated in the Charity Schedule on a monthly basis ofF50 per Charity and F150per month to the Emergency Repair Fund. |
| 2020 | Year ended March 2021 Income and Expenditure |
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|---|---|---|
| 2021 | ||
| Income | ||
| 5,095.92 5,095.92 5,823.96 5,936.00 5,407.92 5,407.92 5,043.96 5,043.96 164.50 |
WMC 1 The Green WMC 2The Green WMC 3The Green WMC 4The Green WWC No 1 Jubilee Cottages WWC No 2Jubilee Cottages WMC No 1 Southill Road WMC No 2 Southill Road Interest Virgin |
5,251.92 5,251.92 6,005.97 6,006.00 5,576.94 5,578.26 1,871.16 5,199.96 178.27 |
| 7.50 43,027.56 |
TV Licence payment received from No 4 TG |
7.50 40,9'.90 |
| Expenditure | ||
| 2,625.00 189.00 |
AA Loan repayments June and December Almshouse Assoc Membership |
2,625.00 192.00 |
| 120.00 | Independent Examiner |
120.00 |
| 1,206.44 4,547.34 396.00 |
Insurance Clerk's Salary and PAYE Clerk's Mileage/Postage/Expenses |
1,142.90 4,846.32 288.10 |
| 280.00 3,931.67 |
Annual Benevolence Repairs and Maintenance No 1 The Green |
320.00 366.00 |
| 3,266.00 | Repairs and Maintenance No 2The Green |
906.00 |
| 162.80 7,656.43 380.00 1,683.00 940.60 1,688.40 200.40 1,500.00 72.00 |
Repairs and Maintenance No 3The Green Repairs and Maintenance No 4The Green External Work at No 1-4The Green Repairs and Maintenance No 1 Jubilee Repairs and Maintenance No 2Jubilee Repairs and Maintenance No 1 Southill Road Repairs and Maintenance No 2 Southill Road Funds to MBG Investments External Payroll Services |
222.00 545.20 0.00 192.00 192.00 2,604.18 1,691.46 6,000.00 72.00 |
| 7.50 | TV Licence paid on behalf ofNo 4 TG | 7.50 |
| 30,852.58 | 22,332.66 | |
| 12,174.98 | Income less expenditure | 18,635.24 |
| STATEMENT OFASSETS&LIABILITIES | STATEMENT OFASSETS&LIABILITIES | STATEMENT OFASSETS&LIABILITIES | STATEMENT OFASSETS&LIABILITIES | STATEMENT OFASSETS&LIABILITIES | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Robinson | & | Sum insured from | Sum insured from | ||||
| Hall | June 2019 | June2020 | |||||
| Property | |||||||
| Rebuild | |||||||
| figures, | to June 2020 | toJune 2021 | |||||
| April 2017 | |||||||
| Property - Fixed Assets | |||||||
| 163,000.00 | 1 The Green | 175,792.00 | 182,648.00 | ||||
| 161,000.00 | 2The Green | 173,635.00 | 180,406.00 | ||||
| 166,000.QQ | 3The Green | 179,028.00 | 186,010.00 | ||||
| 177,000.00 | 4The Green | 190,891.00 | 198,336.00 | ||||
| 102,000.00 | 1 Jubilee Cottages | 110,005.00 | 114,295.00 | ||||
| 102,000.00 | 2Jubilee Cottages | 110,005.00 | 114,295.00 | ||||
| 94,000.00 | 1 Southill Road | 101,377.00 | 105,331.00 | ||||
| 94,000.00 | 2 Southill Road | 101,377.00 | 105,331.00 | ||||
| Land adjoining | |||||||
| 1-2Jubilee Cottages | |||||||
| 1,059,001.00 | Totals | 1,142,111.00 | 1,186,653.00 | ||||
| Non-current Assets:- |
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| M&G Investments as |
at | 31-Mar-20 | 31-Mar-21 | ||||
| National 4ssociati on Almshouses | Common | investment Fund |
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| Shares - Valueasat31 |
March. ..... | 2020 | 2021 | ||||
| Thomas Forster Elder | 262.01 | 1,005.50 | |||||
| Humphery Harleston |
320.25 | 1,080.35 | |||||
| Widows Charity | 272.61 | 1,019.13 | |||||
| Rev Maurice Farrel | 197.57 | 922.69 | |||||
| Thomas Forster the Younger | 247.00 | 986.22 | |||||
| Samuel Whitbread | 932.59 | 1,867.27 | |||||
| Whitemans Charity |
222.28 | 954.46 | |||||
| Emergency Repair Fund (Accumulation) |
9,370.14 | 14,046.91 | |||||
| 11,824.45 | 21,882.53 | ||||||
| Current assets:- | |||||||
| Bank Current Account | 5,432.24 | 8,849.21 | |||||
| Cyclical Maintenance | Fund (Virgin | a/c) | 36,707.04 | 51,885.31 | |||
| Current Liabilities | |||||||
| Almshouse Assoc Repayments |
-2,625.00 | -2,625.00 | |||||
| Non-Current Liabilities |
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| Almshouse Assoc outstanding |
loan | -22,312.50 | -19,687.50 | ||||
| TOTAL ASSET VALUE minus Liabilities |
1,171,138.23 | 1,246,957.55 |
| No 1The | ||||
|---|---|---|---|---|
| Green | ||||
| 28-Aug-20 18-Dec-20 |
Int819 int841 |
Electrical Inspection Gutters flushed |
192.00 30.00 |
|
| 9-Dec-20 | Int838 | Replaced timer on towel rail | 144.00 | |
| No2The | ||||
| Green | ||||
| 28-Aug-20 18-Dec-20 |
Int819 Int841 |
Electrical Inspection Gutters flushed |
192.00 30.00 |
|
| 31-Mar-21 | Int859 | Replaced shower unit + WC seat |
684.00 | |
| No3The | ||||
| Green | ||||
| 28-Aug-20 18-Dec-20 |
Int819 Int841 |
Electrical Inspection Gutters flushed |
192.00 30.00 |
|
| No 4The | ||||
| Green | ||||
| 28-Aug-20 | Int819 | Electrical Inspection | 192.00 | |
| Fit handrail at rear of |
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| 1-Sep-20 18-Dec-20 |
Int820 Int841 |
property Gutters flushed |
130.00 30.00 |
|
| 31-Mar-21 | Int858 | Replaced kitchen sink and toilet seat |
taps | 193.20 |
| No 1Jubilee | Cottages | |||
| 28-Aug-20 | Int819 | Electricai Inspection | 192.00 | |
| No2Jubilee | Cottages | |||
| 28-Aug-20 | Int819 | Electrical Inspection | 192.00 | |
| No 1 Southill | Road | |||
| 26-Aug-20 | Int818 | EPC | 65.00 | |
| 30-Sep-20 2-Oct-20 |
Int823 Int825 |
Electrical Inspection Electricity invoice |
192.00 8.78 |
|
| 16-Nov-20 | Int830 | Electricity invoice | 16.14 | |
| 16-Nov-20 | Int831 | Smoke Alarm | 12.90 | |
| 17-Nov-20 | Int832 | Electricity invoice | 48.18 | |
| 17-Nov-20 | Int836 | Tidy garden and hedges |
105.00 | |
| 16-Dec-20 | Int843 | Electricity invoice | 74.81 | |
| 13-Jan-21 | Int845 | Architect Fee | 285.00 | |
| 5-Mar-21 | Int849 | Bedford BC Council Tax | 183.99 | |
| 1-Mar-21 | Int852 | Ace security Alarm |
4.81 | |
| 15-Mar-21 | Int853 | Architect fee drawings planning |
and | 1,432.00 |
| 24Msr-21 | Int856 | Electricity invoice | 105.57 | |
| 17-Aug-20 | Chq 571 |
SHillyard Alarm donation |
70.00 |
| No 2Southill | Road | ||||
|---|---|---|---|---|---|
| 9-Jul-20 | IntB11 | 2Smoke alarms | 27.46 | ||
| 17-Aug-20 | IntB15 | Trees trimmed | 200.00 | ||
| 30-Sep-20 | IntB23 | Elect ical Inspection | 192.00 | ||
| 29-Dec-20 | IntB44 | Replaced heater in lounge |
924.00 | ||
| 31-Mar-21 | IntB57 | Replaced WC Seat | 90.00 | ||
| 20-Nov-20 | IntB33 | Timer to towel rail/relocate water heater timer on stairs |
258.00 | ||
| 1,691A6 | |||||
| 6,718.84 |