## ## ||f|||||||| |---|---|---|---|---|---|---|---|---| ||Name ochief executive o|rna|mes ofsenior staff members
(Optional information)|||||| ||||~ ~|||||| |Description
ofthe charity's trusts||||||||| |Type ofgoverning
document|||L1(R)210.585.Alt
Scheme including
appointment
ofTrustees and vesting|||in Official||| ||||Custodian
for Charities|||||| |How the charity is constituted||||||||| |Trustee selection methods|||Ex-Officio Trustee (1)The Vicar ofEcclesiastical Parish
Cardington||||ofSt.Maiy,|| ||||Nominative
Trustees|||||| ||||Bedford Borough Council (1)|||||| ||||Cardington
Parish Council (2)|||||| ||||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)|||||| |You may choose to include|||The Charity
is a member ofthe Almshouse|Association||||| |additional
information,
where||||||||| |relevant, about:||||||||| |~|policies and procedures|||||||| ||adopted forthe induction|and||||||| ||training
oftrustees;|||||||| ||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| ||relationship
with any related||Member ofthe Almshouse
Association|||||| ||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| |---|---|---|---| |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.||| |governing
document|||| |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.||| |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.||| |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||| |Additional
details ofobjectives|and activities (Optional
information)||| |You may choose to include|||| |further statements,
where|||| |relevant,
about:|||| |~
policy on grantmaking;|||| |~
policy programme
related|||| |investment;|||| |~
contribution
made by|||| |volunteers.|||| |s
~|s
~
~| |---|---| |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| ||Commissioning
an Architect to design major changes to No 1 8 No 2| ||Southill Road, Cardington
to seek planning
approval
to increase bedroom
size from a small one bedroom to three-bedroom
properties.
With a view| ||to accommodate:families
in need.| |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| |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|| |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|| |---|---|---| |||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:-|||||| |||M&G Investments
as|at|||31-Mar-20|31-Mar-21| |||National 4ssociati on Almshouses|||Common|investment
Fund|| |||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|||||| |||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||| |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| ## ## ## ## ## ## ## ## ##