REGIS'I'LRED CIIARITh' NLMBER: 212584 REPORT OF THE TRLSTEES.4ND UYAUDITED FINANCIAL STATEIIENTS FOR THE YEAR E.%DED 31 MARCH 21123 FOR THE JO• HOII'ARD NLRSES HOMES Chariot House Limited Chartered.4ccounMnts 44 Grand Parad¢ Brighion E&si Sussex
THEJoI1 IIOII'AR F.$ HnllE coN"rL"IT,S OF TIIE FI.YASCL4L ST.4TEMEJTS R TH - I'E,IR ENDED /1 NI..IRCH 7023 Page Report of the TrStee$ I to 3 Independent Examiner'5 Report Statement of Finaneial Actiiltae5 Bglgnce Sheet ote5 to tht FlnanLIAI Statement5 7 to 10 Detailed St#tcmeni Trf Finallei41 Activities
THE JOHD HOM'ARD.YLRSES HO,NIES RF.P()RT ()F THfr: I'RI.'STFF. FOR THE I'E.4R ENDED 31 11.4RC'H 202 The tn2si¢es preseni iheir reTY)rt with ihe flnancbal slatements of the charity for thc year cndcd 31 NlaTch ?O)B. Tht Irusi¥t havc adoplL'd thc proi"isions of ..Nccouniing and Riponina bj Charitic£-. Sthicnicnt of RcconiTncndcd PruLtI¢¢ applicable 10 charities pr¢panng th¢iT aCunts in accordan¢i 1th thc Financial R¢poning Standard applicable in the LK and Republic of fTcland IFRS I O?) l¢fftctiv¢ l January. ?0191. OWECTII'ES AND Acfii'iTIES Obje¢tiv¢s #nd aiJD$ 1012022= 870/0). Graves Son The Charity OlS 24 cottages in Brtghii)n. Average CUpa¢Y during thc year w&$ 910 and Pileher proide a managin8 service to the Charity. ACHIEVEMEIT AND PERFOILMLICE Charitable actii?ties A subgroup of the Trnstees meets regularly the maoagiog a8enLK Grave5 SOD and Pilcher, whirh h¢lps to ensure the continued smcx)th nmning of the cottages as 'ell as adhering io all the regulatory requirements. During the year we welcomed four new residents. The cost of the gardlg continue5 to in¢rw¢ a5 more residents hatre IKcome unable io maintaity their plois. The Trustccs are therefoTC paying for the gardener do them. In addiiion ts) the general maintcnance of ihe grourtds. which now iiicludes thc spinne) and borderb a¥ound ihe lawi. In nctobcr. Trcc Surgcon5 agaill gave all the hed8cs a very hard cut whith cotLtinu¢s Lo givt more lighi to some collag¢s and a wid¢r main LtraLe. The repairs to thc externgLI limbers. ineludtng the beams and wit0. frame& ylong with ext¢mal de£orarions to the front of the buildings have bcen compleied. Repairs hake been led out. here required, to the PVC 'inL105 and doors. All ihe nuin entrnThce dr and window sets to the COllllDOD ways have been replace41 In addition. there has b¢en the usual day to day Jna2nieDancc of the 24 cotl3ge5 and th¢ Lodge. Six monthly check5 Qn all dTains, gulley& hoppers ete continue. The guesr flai and comrnunal lounge in ihe tA)dge coniinues to be in regular use. 20?? marked the l Ooth anniversary of th¢ founding of John HO"ard Cottages. A Bluc Plaque to coDunemor2te ihis, and thank Sir John Howard For hLS 8ener05Lty- wa> d¢dicaLed in AugusL This M'&$ followcd by a byiftt supper for residenis. Tru%tees. and contsctots. A commemordtii'e nch was also purchased for the grounds. During the year, the TTUSiees became aw8r¢ of scheme rnn by the Citizens AdvJ¢e Bureau wherebj those ol'er 66 and on ben¢fits Lould apply for free cncr8y saying iiems eg th¢T]nal slippers. flasks. electric blankcl¥ oil fjllcd hcaters. micro.aveS etc. Ail residents iv¢r¢ xdviscd of the itejns the> iould chov5e. and SCerdI ti)ok up the offer. Brighion & Flovt council's Tourism, Equaliiies. coTnuEllE and Culiure Conunillee approved some recommended additions to the wunril's Local Lisi ot- Ileriwge Assets En Iltsreh ?0:3 and John Iloward Collages is no. included on the Local List. Page I
THE JOHY HOWARD.11.'RSES HOIKE5 REPORT OTr THE TRUSTEES FOR'fHL I'LAR Tr-ThDFD 11 I H 2023 FIN,IICIAI. RF.NIEW Financial position Rental income ioialleil £105.028 in thc year ended 31 March 2023 1027: 98.6091. an incrcase ¢ompaTed to the pr,10S year. Expenditure on IndintLSBanc¢ aRd oilicr nJnnin¥ costs M'a5 £149 ?89. Thi5 included eXnditUre tsf £i.31.056 12022.. £120.4071 In rL'%p¢¢I of high maiiiiLmancL ¢05ts duc lo Lht agL and stale ofthe pruperfie5. The lotsl oulgolng resources for the yLar w¢rv 1150.973 102?: £177.9181. Ai /1 l4areh 2023. rcsmes were L407.734 1?02?: £433,482) inLluding unrLslriclLd rcsLf%'LS c>f £290.9911•022.. £316,739>. Durin¥ the yeardonalions of L?O.(NX)120??: L17.SIX)) were received. and ihxs is included it) other income. The freehold properties arE included in tht acroiiats al cos¢ which is considered io be sUbs&tI2]lY below their current Drket i'alue. Ex¢e55 cash funds are held in interesi bearing g¢counts. Reserves polic%. Thc irn.stee has rcviewcd thc chariiv's re5eTVC5 and is satisfied that thcj are adequate io meei both ongoing regular expLnditurc and Éo pru% id<. for periodic si¥nificaTrt propcrl). maitticnance costs whiLh arise from lim¢ IL) time. The tTUSl¢e con(inucs (o .[Urb1$h the coltagcs &% they become i'acant to bring ihem up to a modern and ¢onsisteni Standard. Adfv"ert15ing i5 ongoing to attract neR" rthidLnts wilh ihe aim of achiet'ing lo1 Octupancy. STRI',CTURE, GOI'ERTr4AP4CE ILL%AGEMEfiT Goi'erning documÈnt ThL John How'ard .Xlurs¢5 HoTnes I"Ihe Charitv") was founded Is a Charity Ijnder thc terms of the will {thc "governing document i ot" SIE John Hom'ard. M'ho died on 20 April 1917. to proi'ide accomm(MJalion for nurses whose health has bioken or w'ho vthetwise are not iible to follow their profession anij M'hose ffieanb are limited. When reviewinoF our airns and objectiN'es w'e hait referred io the Charirn. Commission's setternl ¥uidanee OD public btnLlit. All ot our aLt*fvtliv5 are undenaken io further our charitable puoSeS for the public benefit. The John Howard NuT5C5 Homes is regi5tercd as a chartty. number 212584. REFEREfiCE AYD ADIIIYISTRATII'E DETAItS Rexi5tvred Charli). number 21?584 PrinclpAI xddres5 Parish Ot'fiiL Si Georgc's Chiirch St George's Road Brighton East Sussex BIN2 IED Page ?
THE JOH.N HOWARD.YLRSES HO.MES F.PORT OFTIIL TRLSTEES FOR THE I'E.4R ENDED 31 .IIARCH 2023 Tru%tce$ Rei. Dr A Manson-Brailsford Nqiss M Ellis Mi55 S Clough Mis5 A Moulson Mr.4 S %paLkman Ire5i¥ned 1614,.20231 Dr 11 Bcaumont Mr A Cooke Miss L Chatburn (appointed 231i.QO??) MF S Teixeira da Mota lappoinied 23I5,Qo? } Independent Examiner John Thacktr FCA D(hA Chariot Hi)use Limited C'hartered Accountants 44 Grand Parade Brishion East Sussex BN2 9QA Bankers Barclays Bank plc 139,'140 North Street Brigh BNI IRU Approi'ed by order of th¢ trx)ard of mLStees on_ Au8usr 2023 and Sigm on its behalf by". R¢%. Dr A Martson-Brailsford- Trusitt Page 3
IN'DEPESDTr"%T EX.4111NER'S REPORT TOTHE TRL.STEES OF TFIE JOIII XIOM'..IRD NI RSES PIOIIF.S Independent ¢J*miner's report to the tru51tt5 of The HoY+#rd jurses Homes l T¢POrt 10 rhe charii) Iru%lLes on ni). examiiiaiioTh uf ihe accounts olThe Jtshn Hoii"an1 Homes Iihe TnLStI for the year ended 31 March 2023. Respotbslbilitle5 and basis of rtport As tht iharitv IrdSILLS of the Tru51 vou arc resJx)Dsible for the prep2raiion of ihe aecounts in aceordance wkth the requircmcnts ot'ihi ChaTilies Aci ?01 I I'th¢ Art'l. I rLV)rt in respect offfly exarninatii)n of the TTUSI'S aC¢OUnt5 Caled out under Scction 145 of ihe Aci and in carrying oui my examinalion I hai'L fi)Iltswed all applicable DI1¥95 gen by ihe Charity Comm1$5inn iindcr Scclion 14.51.5llbl of Ilic ALI. Ind¢pendent examiner's StattTNeDt I have completed m}. ex#minaiion. I ¢onfsrm that no tnatenal matters have come to my att¢ntion itj eomi¢ctioll w'ith the examination l'inE Tne cause to beliei'e that in any maierial respeci= accounting records were Dot kept in respert of the Tn1 as required b). Sectio 130 of the Act: or the account5 do noi accord 1th those records- oi Ihe uccounts do not eoTnplv M'ith the applicable r¢quiTements concernin¢ the forni and conrent of accounts set out in th¢ ('harities IA¢¢ounis and Reports) Regulations 21M)8 other than anv rcquiremeni thar thc acLounts give a truL and fail view ivhi¢h is noi a rnaiiLT C¢)nsidered as pan of an independent examination. I have no cottcLrns and hai¢ cotne across no oihcr maiicrs sn tunncction Eth ihe cxaIninatic)n tts which aiierttion should 6t drawn in this fipvrt ill Drd¢r 10 emablc a propcr undcrsLqtJding of the aecounl% lo be rca¥hed. Johr2 Thacker FCA hA ChaTS01 Housc Limited Charr¢red ALcount3nis 44 Grand Ilaradc Brighion ast Su5XX BN2 9Q. Dai¢". Page 4
THE JOH.) HONI'AiiD.%L'RSES HO.%IES T..ITF.IIENT OF FI%.I%'CI,KL_.ICTII'ITIES FOR THTr- I"F',IR &'NDLD 31 _I1,%RC'H ?0?3 Lnre>iri¢ted fund End0ent fund Toial funds Toial Notcs IDICOME ANID ENDOW',IIE.YTS FROM Chkritable attivitles Renl receivAble Donaiions 105.028 2V.(K)O 98.609 17.500 20.0 Investment irtcome 97 97 Total 1?5.1?5 EXPEf#DITLIRE ON Charitable *¢tii"ities Charitable exp¢rtditu 150.R73 150,873 137.918 ET IYCOMEIIEXPENDITURE) (25.7481 (25.748) (21.8001 RECONCILIATION OF FulDs Total funds brought foTw4rd 316.739 116,743 433.482 455.282 TOTAL FUNDS CARRtED FORWARD 290.991 116743 407.734 433.487 The noits f0F Part of these fmancial 5tatem¢D Page 5
THE JOHTh4 HOII'ARD NI'.RSES BAL..I.NCE.%HELT 31 MARC-H 2023 ?023 Total nds 2022 Total ttds L'nrestritted fid Endowin¢nt fiind FIXED ASSETS TanEible a%sel8 62.083 6?.08.3 62.083 CiiRRF..NT ASSET8 DebiuT Cash ai bank 6.296 ?33.2 6.296 750.345 6.313 373.476 116.743 239.898 116.743 356.641 379.789 CREDITORS AmoLmts falling due within one year (10.990) 110.990 18.390} rLTCLRREJT ASSETS 116743 745.641 371..199 TOT.4L ASSETS LESS CLRRE)T LIABILITIES 2IM.991 116.743 407.734 433.482 .YLT ASSETS ?yo.Ip)i 116.743 407.714 433.482 Unresirictcd funds Endow'm¢nt tunds 290,991 116,743 3 16.739 116.743 TOTAL FUNDS 407,734 433.48? Th¢ linancial statements were approied by thL B(ard of Trustees and authorised for i&sue on 2 August 2023 and werc signed on its behalf b¥.: RCY fjr A Man.%()n-Brdilsford_ TTusiee The notes fomi part of these fmanctal $taternents Page 6
THE JOHN HOWARD JL RSES H041ES FOR'I'HE I'E.4R ENDED 31 11.4RC-H ?OZ.I ACCOLINT1Tr4G POLICIES Basi$ of preparing the financial stxternents Thc fijmniial siaicmenis of ihc chariiv. hICh 15 a publi¢ benefit cniiiy under FRS 10? have b¢¢n prL'Pdf<4 in accordancc wilh the Charitiis SORP IFRS 10? 'ALCOUnlino and Reporiing bv ChaTili¢b". StdteinLni of RIXOJllJll¥iidcd Prai1)C applicabl£ lo chaTJiie5 pfkwarinb ihisr accounts in accurdanie wilh ihe Fiilancial Riporting Standard applicabl¢ in thc LK and Republic of Ircland IFRS 1021 Ic1TLLti'e l January 20191,. Financial Reporting Standard 10? The Financial RetK)rting Stsndard applicable in the UK and Republic of Ireland, and th¢ Charities Aa 2011. The finaTkcial 51al¢mcn haic bccn prcpared undcr th¢ historicdl Lost convention. Fln*ncial reportlng stxndard 102- reduted dlsclo$4re exemption5 The chatiiv ha5 taken advantage of the lo110-l0 disclosure exettlplions io preparing these financidl sllttemenis. as pern]itted by FRS 102 The Financ1 Rwrting SLqndard applicable in th< ij and Republic of tt¢land': th¢ requirements of Section 7 Statcnmit of Cash Flo5. Income All incoTne 15 recognised in ihe StsiemeTri of FInCIal Aciivilies once th¢ Chariiy has entitlement ¢0 th¢ funds. it is probable thai the incorne will ik. r¢Leii'ed and thi amount can be msured reliably. Eipenditure Liabililies are TLcognised as ¢xpendilure as g(x)n as there is a legal or consirnciive obligation cornmitiirt¥ thc Ihariiy 10 that expcndiiure. li 15 Probable thai a transfer of economic ben¢fiLS w'ill be rcquired in bciil¢mLni and Ihe amount ot-thL obligation caD be me35urerf reliabl).. ExpcDditure Ib avcounicd for on an acctuiils bd%iS and hds b¢en cl<tbsificd undir hcadings that aggregatc all Cosi relatcd to ihc catcgorv. Where cost5 cannot be dirccil), attribui¢d to pani¢vlar headings tbcv hai'e been all(xated io actii'ities on 3 basis consistcnt wilh the u%e ot. r¢sources. Tangible fixed assds Depreciation 15 proyided at the follijwing aDllual rates in order to write off each asset over its estimared use] Freehold property Fgxiures and fillings noi provided Taxation The ¢haritJ' is exempi from t&x on its charitsble activiiie5. Fund a¢couDtiDg Unrestrkcted funds eaD be used a¢¢ordanc¢ with the charithblc objtttiyes at the discreiion of the tD&st¢es. R¢sthrt¢d funds only be used for partieular restrict purpose5 w'ithin ihe objecis of the chariiy. Restrictions arise 'bert specitied by the donor or when fitnd5 are raised for particular re¥iriCltd purpose5. Further explanation of the namre and PUEPOS¢ of eaeb fimd 15 illcluded in the noies to the finanei&l siaiemeT%ts. Pag¢ 7 CODiinued.-.
TIIF. JOH.N IIOIIARD NLRSES HO.M S IUTES TO THF. FIN.IICIAL ST.ITE.IIE.ST%- FOR'I-HE I L.4R L)DLD 31 .IIARCH 2 JNNTSTME)*T IICONIE 2023 2022 Investm¢R¢ income 97 TRIISTEES. REML N'ERATIOli AND BENEFITS There iverc nu ttvs¢ees' remunLTdtion or other Iefits for the year ended 31 Mar¢b ?0?3 nor for the year ended 31 Mdrlh ?0?? Trustees, Eipe115e5 Thcrc ivere no 31 Marcli 20?2. trust5. expenses paid foT the year ajded 31 March 2023 nor for the yeaT ended cOlpARA TII'ES FOR THE STATE.IIEYT OF FINAI%CIAL.4crii'iTIES Lnreblricted furtd EndowThcnt fund Total funds IICONfF...INI) INDOwlETs FROM Charitable actii"ities RLni N'LLlI'abl. I)onarions 98.609 17,50) 98.609 17.500 Investment incomL Total F.XPE.NDITI."RF. CharlEAblL' #ftiTr'itie5 Ch&ritsblL ¢ipcnditure 137,918 137.91 NET I.YCOMEIIF..XPE.P4DITL"RE} 121.800) 121.5¢001 RF.CO)CTLIATION OF FUNDS Total nd% brought forward 338.539 16.743 455.282 TOT.4L Fas CARRIF,D FORII'ARD 316.739 116743 433.482 Page 8 ¢tsntinued.-.
THE JOHN HOII..4RD )URSES HONIES YOTE% TO THE FIN,INCI..¥L ST..%TEIIENTS- iolltinued FOR"I'HTr_ )"EAR Tr-NDLD.11 .IIARC-H 7023 TANGIBLE FIXED ASSETS Fixtur and ritiings FrLchold property Toial8 At l April 202? and 31 March 2023 62.083 3.796 6).879 DEPRECIA TIO At l Ap¥il 20?? T 31 March 2023 3.796 3,796 NET BOOKVALL.E At I l March 2023 6•.083 62.n83 At 31 Mdrrh ?012 62.083 DF.BTORS: AMOW¥TS FALLING DLE WITHIN ONE YEAR 2023 202? Prepaymct) 6,296 6.313 CREDITORS: A,%IOUTr4TS FALLLNIG DtiE M'ITHLN O.NE I'EAR 2022 Accrua15 and defeTr¢d irtcome 10.99) 8.390 mOvEMET IP4 FLYDS Net movement in fund5 Ai 3113123 Ai 114127 L'nrestricted G¢n¢rdl fund 316,739 {25.74AI 290.9)] Endowinent hDds Endowment fund 116.743 I 16,743 TOTAL FUNDS 433.482 •5,7481 407.734 'et movement in fitnd& included in the above are as follows: Inromin¥ resourc¢5 RcsouTCL'S LX[)ded Muk'Lmciit In funds restrictEd funds General fvnd 125,125 (150.871) ?5.74SI TOTAL FUNDS 1$0.87.11 j.7481 Page 9 continued...
TRIE JOH.I HOWARD.*LRSES 110.M£S OTES TO THE FIN.4NCI..IL ST.4TE)IEJTS- continuc I.'(IR"fHE I'E..IR ESDF.D 31 .11..IRCH 2023 MON'EMEfiT IN FL ThDS- continued Comparatii'es for movement in funds Net mo%'eTnenl in funds At 31131?2 At 114,,?1 Unrestrlcted funds Gen¢ral fund 338J39 (21.800) 316,739 EndowmeTht funds End0ent nd 116.743 116,743 TOTAL FLINDS 455 •89 71,8001 433,487 Corttpardttve ner movement in fitt$. included iti the above 8r¢ gs follows: IncoFniTrg Resources xpended Moi.'emenl itl fund5 Lnre5tricted funds General fund 116.118 1137.918} l?1.8001 TOTAL FUNDS 1137.Y18) 121,800) RELATED PARTY DISCLOSLRES There were no related party transactioS for the year ended 31 FAarcb 2023. Page 10
THE JOHII HOW.4RD.YLRSES HOIIES DETIlll.F.D ST,ITE%IF.NT OF FIN_.INCI_.11. ACTII-ITIF.S OR I'IIL I'L",IR E.%I)ED 31 .ILIRCH 2023 2023 2022 INCOMF. AYD ENI)OWMF.NT8 IDve5tment income Ini'¢stm¢nt inrown¢ 97 Charitgble activitit5 RLnt rLceivcd Donation 105.0*8 ryo.000 9S.609 17.ioo 125.028 116.109 Total Ineoming re50urce5 125.125 EXPENDITliRE Chgrltr¢bl¢ #¢tlvities Prupcnj C0515 Managing agent costs Other costs 13 1.056 12.61)0 5.633 120.407 3.879 149289 130.430 Support costs Govern4llee efrsts Independent examination .584 1.482 Total resources expended 150.873 137,918 el expenditure ?% 748} 21,800} This page does not fom] part of the sthtutory financial statements Pagell