BAKER'S ALMSHOUSES Registered Charity Number: 213012 Reporting Period- 1 January 2024-7 April 2024 In¢ome: £35,761 Expenditure: £19.184 TRUSTEES AND ADMINISTRATOR The Rev'd Jennifer Seggar- Trustee and Chair Rosemaryjoyce Stuart-Thompson-Trustee Emma Victoria WooLlard-Trustee Donald Gordon Poar-Trustee Julie Bond - Administrator 1. OBJECTS AND ACTIVITIES To maintain and manage 5 almshouses for qualifyingresidents of Stutton. 2. ACHIEVEMENTS AND PERFORMANCE During the period. one of the almshouseswas inthe process of refurbishment and was not av8ilable. 3. FINANCIAL REVIEW The total income for the period 1 January to 7 April 24was £35.761 comprising: £3,880 Mainten8nce charges from residents £31,738 Grant from Stutton Parish Council £143 Sundry Expenditure forthe same period totalled £19.184 Comprising: £17,164 Repairs and maintenance £869 Admlnistration costs £1,069 Utilities and insurance £82 Sundries 4. STRUCTURE. GOVERNANCE AND MANAGEMENT The Charity is governed by a board offour trustees who meet on a regular basis. The charity operates under a constitution adopted on 10 November 1964. Trustees are recruited through open advertisement and appointed by majorityvote. Day-to-day operations are managed by 8 P8rt-time 8dministrator. Risk assessments are conducted annually. and safeguarding policies are reviewed regularly. From 8 April 2024. Baker's Almshouseswas converted to a CIO, the charity number of which is 1207752. All the assets and liabilitie5 were subsumed by the CIO as at that date. 5. RESERVES POLICY The trustees aim to maintain reserves equivalentto three months. operating costs. At period-end, unrestricted reserveswere sufficientto maintain this reseNe. which meets this policy. 5. PUBLIC BENEFIT STATEMENT The trustees confirm thatthey have complied with their duty under section 17 of the Charities Act 2011 to have due regard to public benefit guidance published bythe Charitycommission. BAKEA'SALMSHOLL INcOME￿ND EXPENDrtUREACCCMJNfFOR TrEPERIODIJN14UARYT07PJ¥IIL2ff24 7APR LINRESTrICTED GENEAAL FUNDS OESIGNATED ENDOWFIENT TOTAL PJND FUND FUNDS IMCOME 73 3.880 MaintenacechaFgesfrom ￿hlents 8ank interest Wlndw5 uam 31.73B Tot¥llnccffj4n8rosour 4.023 81.738 35.761 EXPENDIIUAE Pior4ty managèmemtsos AdmiThlstraiionleES Oenera13ndwatur8Trs t •nd14ht Rapairsarnl malMenan¢e. Gewal Repali$8nd maIM￿ar￿.￿ndlYwsrePlac8 08rlenln% Insurance Sundiie$ 513 513 200 15,889 15,889 82 Total re5rNJr¢e$ 8xrw¥JBd 3216 15,869 18.184 Nei IncornlnWlOUt8oIW) rwuiees b6for•trwsfe TrIf￿1•r￿4wnfUn0$ 1&577 15,869 470 .677 UnieaU8eOgalnyiii￿Ses)on Irrfmems Reallsedyinson ￿rN￿mInty 75 18.J39 75 17.122 lJa*uary2024 27,477 S7,388 28.185 .186 7.368 74.718 BAKER'S ALMSHOUSES BALANCE SHEET AS AT 7 APRIL2024 7 Aprll 7Aprll 2024 FIXED ASSErs Investsnents 30.664 CURRENT ASSErs Debtors Cash at bank and in hand 1.064 44.561 45.625 1,571 CREDITORS Amounts falllng (iue wtlhln oneyear 44.054 Total Net Assets 74,718 Represented by CAPITALFUNDS Endowmentfund INCOME FUNDS Generalfund Designated Fund Repairlund 28.185 15.869 23.296 67,350 74,718 Chairman of TrusteÈs Date: 20 Septernber2025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Roport to the trustoes Bakerf8 Amshouses On accounts for the year ended Period 1 January 2024 to 7 April 2024 Chaiity no (rfany) 213012 Set out on pag08 I report to the trustees on my examination of the accounts of the alx)ve charity (Ihe Trust") for ￿ period 1 January 2024 to 7 April 2024. Responslblllll•s and basls of r•port As the charitys trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Acr}. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independènt I have completed my examination. I confim that no malefial matters hav8 examIne￿8 8tstem•nt come to my attention in connection wrth the examination (other than that disclosed below ') which gives me cause to believe that in, any material respect: the accounting records ￿fjre not kept in accordance with sédion 130 of the Charities Act,. or the accounts did not aGrnrd with the accounting records,. or the accounts did not comply wtth the applicable requirements con￿mIng the form and content of accounts set out in the Charrties (Accounts and Reports) Regulations 2008 other than any requirement that the accounts gtve a Yrue and faif view which is not a matter conSide￿d as part of an independent examination. I have no concems and have come across no other matters in conn8Ction with the examination to which attention should be drawn in this report in order to enable a proper understsrrtjing of the accounts to be reached. Slgned: Date: 20 Sep 25 Namo: Philip J G Sadd Relevant professlonal qualification{s) or body (If any): FCA Addre99: Kendal Cottage, Woodfield Lan@, StLrtton Ipswich IP9 2ST IER Oct 2018 Section B Disclosure Only complete If tne examiner needs to highlight material matters of con￿rn (see CC32, IndeFendent examination of charity accounts". directions and guidance for examiners). Give here brief details of any items that the examlnar wishes to disclose. Not Applicable IER Oct 2018