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 Tr￿Stee$ 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 aC￿unts 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 O￿lS 24 cottages in Brtghii)n. Average ￿CUpa￿¢Y during thc year w&$ 910 and Pileher pro*ide 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 gard￿l￿g 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 L￿tra￿Le. The repairs to thc externgLI limbers. ineludtng the beams and wit￿0￿. 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 *'inL10￿5 and doors. All ihe nuin entrnThce d￿r 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 SC￿erdI ti)ok up the offer. Brighion & Flovt council's Tourism, Equaliiies. co￿TnuEllE￿ 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 1*027: 98.6091. an incrcase ¢ompaTed to the pr￿,10￿S year. Expenditure on IndintLSBanc¢ aRd oilicr nJnnin¥ costs M'a5 £149 ?89. Thi5 included eX￿nditUre 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 1*02?: £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 D￿rket 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$h the coltagcs &% they become i'acant to bring ihem up to a modern and ¢onsisteni Standard. Adfv"ert15ing i5 ongoing to attract neR" rthidLnts wilh ihe aim of achiet'ing lo￿1￿ Octupancy. STRI',CTURE, GOI'ERTr4AP4CE ILL%AGEMEfiT Goi'erning documÈnt ThL John How'ard .Xlurs¢5 HoTnes I"Ihe Charitv") was founded Is a Charity Ijnder thc terms of the will {thc "governing document i ot" SIE John Hom'ard. M'ho died on 20 April 1917. to proi'ide accomm(MJalion for nurses whose health has bioken or w'ho vthetwise are not iible to follow their profession anij M'hose ffieanb are limited. When reviewinoF our airns and objectiN'es w'e hait referred io the Charirn. Commission's setternl ¥uidanee OD public btnLlit. All ot our aLt*fvtliv5 are undenaken io further our charitable pu￿oSeS for the public benefit. The John Howard NuT5C5 Homes is regi5tercd as a chartty. number 212584. REFEREfiCE AYD ADIIIYISTRATII'E DETAItS Rexi5tvred Charli). number 21?584 PrinclpAI xddres5 Parish Ot'fiiL Si Georgc's Chiirch St George's Road Brighton East Sussex BIN2 IED Page ? THE JOH.N HOWARD.YLRSES HO.MES F.PORT OFTIIL TRLSTEES FOR THE I'E.4R ENDED 31 .IIARCH 2023 Tru%tce$ 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 Ca￿led out under Scction 145 of ihe Aci and in carrying oui my examinalion I hai'L fi)Iltswed all applicable DI￿1¥9￿5 g￿￿en 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 Tn￿1 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 End0￿￿￿ent 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 Fu￿lDs 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 fi￿d 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} r*LTCLRREJT 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￿-l￿0 disclosure exettlplions io preparing these financidl sllttemenis. as pern]itted by FRS 102 The Financ￿1 Rwrting SLqndard applicable in th< i￿j and Republic of tt¢land': th¢ requirements of Section 7 Statcnmit of Cash Flo￿5. Income All incoTne 15 recognised in ihe StsiemeTri of FI￿nCIal 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 m￿sured 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