REGISTERED CHARITY NUMBER: 210687
CHA
HOU
RT A
FINAN
HAPR
2024
Accountants & Tax Advisers

CHARITY
Ll
NEL ANNE
SE
HARITY INF
RMA
TRUSTEES
Mrs E. Hayward (Chairman)
Dr S. Boffey
Mrs B. Brennan
Mr5 G. Clark
Cllr. S. Howland
Cllr. J. Murray
Mrs J. Singleton
ADMINISTRATOR
Mrs J. Hayward
OFFICE ADDRES5
73. Pondfield Crescent.
St. Albans.
Hertford5hire.
AL4 9PA
ALMSHOUSE ADDRESS
Dorant House,
New Gr*ns Avenue.
St Albans,
Hertfordshire AL3 6HT
REGISTERED CHARITY NUMBER
210687
INDEPENDENT ACCOUNTANTS
Andrew Wiggett
Accountants & Tax Advisers
The East stable. Thrales End Business Centre
Thrales End Lane.
Harpenden,
Hertfordshire, AL5 3NS
PRINCIPAL BANKERS
Barclays Bank PLC.,
16-18 St Peters Street,
st Albans,
HertFDrdshire, AL3 4DZ
CONTENTS
Pages
Trustees. Annual Report
Independent Examine¢s Report
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
12
Notes to the Accounts

Page I
DEDS
APRI
The Trustees, present their annual report and financial ststements for the year ended 5th April
2024.
ORGANISATION AND MANAGEMENT
The Charity operates under the name Dorant House and provides sheltered accommodation for
the elderly from its property, of the same name, at New Greens Avenue, StAlbans AL3 6HT.
The Charity is constituted under a Trust Deed dated 10th March 1976. It is a registered charity
and a member of The National Almshouse Association.
The Trustees meet regularly to mar¢age the Charitys affairs. There is a paid administrator who is
responsible for day to day management and a resident warden who looks after the house and its
residents.
POLICIES AND PROCEDURES TO APPOINT NEW TrUSTEES
Trustees are appointed in accordance with the Charity CK)mmission d¢xument dated 14th April
1982 and shall consist, when complete. of not less than seven and not more than nine competent
persons being three Nominative Trustees (appointed by St Albans District Council) and not less
than four and not more than six Co-optative Trustees recruited for their interest and expertise.
REVIEW OF CHARifY PERFORMANCE AGAINST OBJECTIVES FOR THE PUBLIC BENEFIT
The Charity has continued to provide nineteen units of reasonable rate accommodation to its
residents throughout the year, with an occupancy rate of 88%.
The Trustees have complied with their duty in section 4 of the Charity Act 2006 to have regard to
the public benefit guidance when reTr4llewing the Trust'5 aims, objective5 and fvture activities.
REVIEYI OF FINANCIAL INCLUDING INVESTMENT PERFORMANCE AGAINST OBJECTIVES
The Charity's investment in the National Association of Almhouses Common Investment Fund
increased by £10,117 (2023- decrease £12.894). During the year further shares were purchased
to the value of £5.000 (2023. 55,(KK)) and the fund received dividends of £21,994 (2023-
£18.947) which were reinvested. Valuation at the year end exceeds accumulated cost by £155,341
(2023. £145,224).
The house at 49 Partridge Road. St Albans, formerly the warden's house. continued to be let
commercially under an assured shorthold tenancy. The net income from this letting contributed to
the surplLSS an amount of £14.112 (2023- £11.819). The investTnent property was valued, during
2022123, by Leaders, Estate Agents. and for the purpose of inclusion in these accounts and
subject to the tenancy. the property is valued at £600.OW. with no material change to the value In
2023124.
On 7th March 2024 the Charity removed £350.000 from bank deposits and invested the funds in
COIF Charities Investment Fund Income units. This added to a very small holding from prior years
valued at £306. At the end ol the year the valuation of the total holding amounted to £345,179,
representing a small unrealised loss of £5,127 in the period_
Consequent to the investment of £350.OCKI cash funds {2023 - £nil), the balance sheet shows
reduced net current assets of £211,813 (2023. £529,383) including cash balances of £210,143
(2023- £527,602). The Charity's financial position has continued to improve over the year
2023-24 and it has suff icient resources at the balance sheet date to maintsin its activitie5 for the
forseeable luture.

Page 2
HARITY
FLI
NE
NE
TRUSTEE
'ANN
ALRE
R THE YEAR EN
(continued)
REVIEW OF MAJOR RISKS
The Trustees have reviewed the major risks to the Charity and consider these to be potential
damage to the building. To rnitigate this risk to the Charity, the Extraordinary Repair Fund is being
built up to fund any major work that may be required to the building. The Charity also ensures
that there are contracts to maintain tire alarms and extinguishers.
RESERVES POLICY
The Charity is required to maintain an Extraordinary Repair Fund by Supplemental Order ol the
Charity Commission, dated 19th November 1980. The transfer for the year to the Extraordinary
Repair ReseNe was £5.000 (2023: £5.000), which is in excess of the minimum required by the
Charity Commission. The balance on the Extraordinary Repair Fund at 5th April 2024 amounted to
£566,221 (2023.. £529, 110). General reserves are deemed to be at a suitable level to fund the day
to day expenses of the Charity.
FUTURE PLANS
The future aims of the Charty are to continue to offer a high quality sheltered environment lor the
alms people.
TRUSTEES
The Trustees who held office during the year were as follows '.
Mrs E. Hayward . Chairman
Mr S Boffey
Mrs B. Brennan
Mrs G. Clark
Mrs J. Singleton
Cllr. S. Howland
Cllr. J. Murray
This report was approved by the Trustees on 9th December 2024 and signed on its behalf.
E Hayward
Chairman of Trustees

Page 3
INDEPENDE
TEE
I report to the trustees on my examination of the accounts of the Charity for the year ended 5th
April 2024, which are Set out on pages 4- 12.
RESPONSIBILITIES AND BASIS OF REPORT
As trustees of the Charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 2011 ('the A￿.
report in respect of my examination of the Trustee's accounts carried out under s.145 of the
2011 Act and in carrying out my examination I have followed all the applicable Directions given by
the Charity Commission under s. 145(5Xb) of the 2011 act.
INDEPENDENT EXAMINEWS STATEMENT
I have completed my examination. I confimi that no material matters have come to my attention
in connertion with the 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 s. 130 of the
Act.,
[2] the accounts do not accord with those records- or
[3] the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charitie5 (Account5 and Report5) Regulations 2008
other than any requirement that the accounts give a 'tnJe and fair view, which is nota
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.
ANDREW WIGGErr
Accountants & Tax Advisers
The East Stable. Thrales End Business Centre
Thrales End Lane,
Harpenden,
Hertfordshire,
AL5 3NS
9th December 2024

Page 4
RANT
EME
NDED 5TH
RIL 2024
Notes
Fund
Funds
INCOME FROM
Charitable Activity:
Contributions by Almspeople
Investments
Other income
139.786
34,264
50
139.786
56.258
50
113,309
43,412
260
21,994
Totsl income
174,100
21,994
196,094
156,981
EXPENDITURE ON
Raising funds..
Investment property expenses
Charitable Activity-.
Residential charges collection lees
Property repairs and maintentance
Lift maintenance
Light and heat
Insurance
Water charges
Garden maintenance
Council Tax
Warden's salary
Warden Cal
Telephone
Administrator's fee
Governance costs
Depreciation
Sundry expenses
3,801
3.801
5.335
3,150
60,355
3,579
15,457
3.257
2.433
1,433
3,150
60.355
3.579
15,457
3,257
2.433
1.433
2,084
16.762
1.441
895
8,674
12,421
5,071
928
2,982
39,750
1,802
11,468
2,812
2,213
1,387
7,905
15,808
1,188
833
7,841
11,551
5,219
975
16.762
1.441
895
8,674
12,421
5,071
928
Total expenditure
141.741
141,741
119,069
Net in¢ome before galn$/(losses)
on investmenl assets
32,359
21.994
54,353
37.912
Galn/(Loss) on inveslment assets:
Unrealised - Investments
Unrealised - Investment properties
12
12
(5.127)
10.117
4,990
(12,912)
125,000
(5,127)
10,117
112,088
Net surplu$/(deficit) for year
before transfers
Transfer5 between funds
27232
(402)
32,111
402
59,343
150,000
io
Net movemenl in lunds
Fund balance brought forward
at 6th April 2023
26.830
32.513
59.343
150.000
534.577
1,588,490
2,123,067
1,973,067
Fund balance carried lorward
at 5th April 2024
£ 561.407 £ 1,621,1)03 £ 2.182,410 £ 2,123,067
The notes on pages 7 to 12 form part of these financial statements.

Page 5
ARI
FLI
RAL
SES
PR
202
FIXED ASSETS
Tangible assets
Investments
li
12
459.197
1,511,4C()
464,268
1.129,416
1.970,597
1,593,684
CURRENT ASSETS
Debtors
Cash with deposit takers
Cash at bank and in hand
13
14,876
100,628
109,515
15,161
434,287
93,315
225.019
542.763
CREDITORS: amounts falling due
within one year
14
(13,206)
(13.380)
NET CURRENT ASSErs
211,813
529,383
NET A55
15
£ 2,182,410
£ 2,123,067
UNRESTRICTED FUNDS
Designated - Capital
Designated . ERF
16
16
1.054.782
566,221
1.059,380
529,110
1,621,CK)3
561,407
1.588,490
534,577
General
TOTAL CHARITY FUNDS
£2,182,410
£2,123,067
Approved by the Board of Trustees on 9th December 2024 and signed on its behalf.
E Hayward
Chairman and Trustee
S Boffey
Trustee
The notes on pages 7 to 12 form part of these financial ststements.

Page 6
CHARiri
FLI
NEL ANNESLEY DORANT FOR ALMSHOUSES
202
RECONCILIATION OF NET INCOME TO
NET CASH FLOW FROM OPERATING ACTIVITIES
Net in¢ome/(deficit) for the year (page 4)
Adjustment5 for-
Net (gains)11055es on investment5
Depreciation charge
Investment income
Ilncrease)/De¢rease in debtors
In¢rease/(Decrease) in creditors
59,343
150,000
(4,990)
5,071
(56,308)
285
{174)
(112,088)
5,219
(43,672)
{4.019)
(2.770)
Net ca$h generated/(absorbed) by operations
3.227
,330)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment income
Purchases of investments
56,308
(376,994)
43,672
(23,946)
Net cash generated Irom investing adivlties
(320,686)
19,726
Change in cash and cash equivalents in the
reporting period
(317,459)
12,3%
Cash and cash equivalents at 5th April 2023
527,602
515,206
Cash and cash equivalents at 5th April 2024
Cash with deposit takers and at bank
£ 210.143
£ 527,602
Comprising=
Cash with deposit takers (page 5)
Cash at bank (page 5)
100,628
109,515
434,287
93,315
£ 210.143
£ 527.602

Page 7
ACCOUNTING POLICIES
(a) Basis of pieparation of ststements
The accounts have been prepared under the historical cost convention with the exception that
fixed asset investments and the investment property are included at fair value.
The accounts have been prepared in accordance with Accounting and Reporting by Charities=
ststement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK (FRS 102) (effective 1st
January 2019) (Charities SORP (FRS 102)). The charity is a public benefit entity under FRS 102.
(b) Tangible tixed assets and depreciation
Tangible fixed assets are Included at cost, where that is greater than £1,000. Cost includes the
original purchase price of the asset and cost attributable to bringing the a55et to its working
condition for its intended use.
Depreciation is provided so as to write off the cost of fixed assets overtheir expected useful
economic lives as follows..
Freehold land
Freehold Building
Subsequent Expenditure - Replacement windows
Furniture, Fittings & Equipment
Not depreciated
0.510 on reducing balance
. Over 20 years from 2013
15% on reducing balance
(¢) Fixed asset investments
Investrrbents, including the investment property, are included within the Balance Sheet at their
market value at the balance sheet date. The Statement of Fillancial Activitie5 includes the net
gains and losses arising on revaluation and disposals during the year.
(d) Income
All incoming reSoUr￿S are included in the Statement of Financial Activities when the charity is
entitled to the income and the amount can be quantified with reasonable accuracy.
The following specified policies are applicable to particular categories of income:
[1] Investment income is included gross for amounts receivable at the Balance Sheet date.
[11] Contributions from Almspeople are included in the period in which they are receivable.
(e) Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes
irrecoverable VAT and is reported as part of the expenditure to which it relates..
[1] - Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for its beneficiaries. It includes both costs that can be allocated directly to
such activities and those costs of an indirect nature. necessary to support them.
[11] Governance costs include those costs associated with meeting constitutional and statutory
requirements of the charity and include independent examination fees and costs linked to the
strategic management of the charity.
[111] Costs that are directly attributable are allocated on a charitable activity basis and support
costs are then added. Support costs are apportioned to the charitsble activities on a reasonable
and consistent basis such as on the basis of time spent_
(f) Fund Ac¢ountlng
[1] Unrestrieted Funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the
general objective as they see fit.
[11] Designated Funds
Designated funds are unrestricted funds eam)arked by the Trustees for a particular purpose.
[iiiJ Revaluation Reserves
Revaluatior5 reserves con51St of the part of the charity's designated funds which comprise the
difference between the market value of the investments and investment property, respectively, at
the balance sheet date and the original c05t of the investment asset together with additions and
reinvested dividends.

Page 8
RITY
L ANNE
RANT FOR A
(continued)
ACCOUNTING POLICIES {cortinued)
(g) Going concern
The financial statements have been prepared on a going concern basis as the Trustees believe
that no material uncertainties exist. The Trustees have considered the level of lunds held and the
expected level ol income and expenditure for the tsvelve months from authorising these f inancial
statements. The budgeted income and expenditure is suff icient with the level of reserv85 lor the
charity to be able to continue as a going concern.
[21
INVESTMENT INCOME
nr
Rents receivable
NA4CIF Accumulation Units:
Distributions Invested
COIF Income Units..
Distributions received
Interest Receivable
17,913
17,913
17,154
21.994
21,994
18,947
16,342
16,342
7,302
£ 34.264
£ 21.994
£ 56,258
£ 43,412
INVESTMENT PROPERTY EXPENSES
Agents and professional fees
Repairs and maintenance
3,801
4,014
1,321
3.801
5,335
[4]
PROPERTY REPAIRS AND MAINTENANCE
2024
2023
Flats refurbishment
Flats - fixtures and fittings
Electrical EPC reports - flats
Electrical works - flats
Outdoor lighting
Boiler service and repairs
Electrical works - communal areas
Fire equipment maintenance
General repairs and maintenance
39.235
1.585
1,400
3.041
13,103
4,997
2,049
1,456
13.084
395
4.666
7,￿5
2.833
5.256
£ 60.355 £ 39,750

Page 9
HARITY OF LIONEL
ALMSHOUS
RIL
24
(continued)
[5] STAFF COSTS
2024
2023
Wages, Nl and pension cost5
16,762 £ 15,808
Average weekly number of persons employed during the year:
House staff - Warden
[6] SUPPORT COSTS
Administratorfs fee
8,674 £
8,674 £ 17,348 £ 15.682
page 4
(note T)
[7] GOVERNANCE COSTS
Annual Accounts and Examiner's Fee
Other fees Accountancy Servi￿5
Subscription - NA4
Support Costs (note 6)
3,360
3,240
387
8,674
470
7,841
12.421 £ 11,551
[8] PAYMENTS TO TRUSTEES
No trustee received any payment for remuneration or expenses for their work as trustees in
either the current or preceding period.
[9] TAXATION AND CHARITABLE STATUS
The charity is constituted under a Trust Deed dated 10th March 1976 and registered under
the Charities Act 2011, charity number 210687 and as such is not liable to tsx on its income
and gains tor charitable purposes.
[10] TRANSFER BETWEEN FUNDS
Ca
Re
ir Fun
Amount of transfer
£ (4,598) £ 5.000 £
402£
698
The transfer from general Fund to the Capital Fund comprises the release of resources
required to fund the balance sheet carrying value ot the tixed asset property investments.
The transfer from General Fund to the Extraordinary Repair Fund of £5,000 is for the purpose
of providing resources for major repairs to the chariws housing property-
Under a supplementsl order ot the Charity Commission dated 19th November 1980 the
minimum annual payment to be made into the Extraordinary Repair Fund is £900.

Page 10
AR
TH
(continued)
111] TANGIBLE FIXED ASSETS
Co$t
At 6th April 2023
Additions
548,628
66,686
615,314
At 5th April 2024
548.628
66,686
615,314
Depre¢ialion
At 6th April 2023
Charge for year
89,555
4.291
61,491
151,046
5,071
At 5th April 2024
93,846
62,271
156,117
Net book value
At 5th April 2024
£ 454,782 £
4,415 £ 459,197
At 6th April 2023
£ 459,073 £
5,195 £ 464,268
All tangible lixed assets were used for charitable purposes.
The charity's freehold property comprises the housing property known a5 Dorant House, New
Greens Lane, St. Albans. Hertfordshire AL3 6HT. Cost include5 the purchase cost of the site
incurred in 1978 amounting to £30,000 and subsequent expenditure on building costs
amounting to £518,628 and expenditure on replacement windows incurred in 2012-13 and
2014-15.
The site acquisition cost is not depreciated. The vacant possession market value of the property
is estimated by the Trustees to be of the order of £1.5m at 5th April 2024.
[12] FIXED ASSET INVESTMENTS
IF
At 6th April 2023 at valuation
Additions at cost
Distributions reinvested
Unrealised gains/(105ses)
600,000
529,110
5,000
21.994
10,117
1,129,416
355,000
21,994
4,990
350.LY)O
(5.127)
AT 5th April 2024 at valuation
£ 345.179 £ 600.(M)0 £ 566.221 £ 1,511.400
All investment assets are held within the UK and in order to provide an investment return for the
charity.

Pa8ell
HARITY
FLI
NEL ANNESLEY DORANT FOR ALMSHOUSES
(continued)
[12] FIXED Assrr INVESTMEKf (Continued)
The charity's investment property held in the Capital Fund is the detached house at 49
Partridge Road. St. Albans AL3 6HT, fomierly used to provide wardens accommodation,
currently let on an assured shorthold tenancy. The original cost of the property was
£49,403. The property was valued in 2022123 lor the purwses of inclusion in the accounts
by Leaders, Estate Agents at £600,000, with no material change to the value in 2023/24.
The charity's investment held in CCLA Investment Management Limited COIF Charities
Investment Fund Income Unit5 IS stated at market value at 5th April 2024. Historical cost
amounts to £350,200.
The charity's investment held in the National Association of Almshouses Common
Investment Fund Accumulation Shares are stated at market value at 5th April 2024
Historical cost, comprising the original investment, subsequent additions and accumulated
dividends amounted to £410,878 at 5th April 2024 {2023. £383,886).
[13] DEBTORS
Due within one year
Contributions receivable
Prepayments
10,225
4,651
10,293
4,868
14,876 £
15,161
[14] CREDITORS: AMOUNT5 FALLING DUE WIThIN ONE YEAR
Social Security and other taxes
Resident payments in advance
Accruals
498
3,192
9,516
99
1,748
11,533
13.206 £
13.380
[15] ANALYSIS OF Nrr ASSEfs BEfYiEEN FUNDS
Tangible fixed asset5
Fixed asset investments
Debtors
Cash with deposlt taker5
Cash at bank
Creditors < l year
4,415
345,179
14,876
100,628
109.515
(13,206)
454.782
600,000
459,197
1.511,400
14.876
100,628
109,515
(13.206)
566,221
£ 561,407 £ 1,054,782
£ 566,221 £ 2,182,410

Pa8e 12
Rl
NE
EY
us
Fl
AP
IL
(continued)
[16] FUNDS - ALL UNRESTRICTED
Inco
so
rr
Accumulated Surplus
ITivestments'.
Revaluation Reserve
534,577
174.100 (141.741)
(402)
566,534
(5,127)
(5,127)
534.577
168.973 (141.741)
(402)
561,407
Accumulated resources
Investments:
Revalution Reserve
508.477
(4,598)
503,879
s50.￿3
550,903
1.059.380
(4,598)
1.054,782
in
Accumulated resources
Investments..
Revaluation Reserve
383,886 21.994
5.000
410.880
145.224
10.117
155,341
529,110
32.111
566,221
Totsl Designated Funds
1.588.490
32.111
402
1,621,003
Total Funds
£ 2,123.067 £ 201.084 £ (141,741) £
£ 2,182,410
General Fund
The General Fund comprises the accumulated revenue surpluses available on the charity's general
objectives as the Trustèes see fit.
Capttal Fund
The Capital Fund comprises the charitys own accumulated resources expended on the acquisition
ol the housing investment properties and in bringing those assets to their existing condition
together with the associated investment and investment property revaluation reserves.
Extraordinary Repalr Fund
The Extraordinary Repair Fund comprises the accumulated resources designated by the Trustees
to be set aside to meet major buildings repairs, together with accumulative investment
distributions and unrealised investment gains.