2021-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2021 To 31[st] December 2021

Charity name: ANN SMYTHS ALMSHOUSES Charity registration number: 213747

Objectives and Activities

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Summary of the purposes THE PROVISION OF HOUSING ACCOMMODATION
of the charity as set out in FOR RESIDENTS; AND SUCH CHARITABLE PURPOSES
its governing document FOR THE BENEFIT OF THE RESIDENTS AS THE
TRUSTEES DECIDE.
Summary of the main The provision and maintenance of self-contained
activities in relation to apartments as accommodation for eight women
those purposes for the aged fifty years and over, who are also
public benefit. communicant members of the Church of England.
The provision and maintenance of a garden for the
shared enjoyment of the residents.
Statement confirming The trustees have regard to the guidance issued by
whether the trustees have the Charity Commission on public benefit
had regard to the guidance
issued by the Charity
Commission
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Achievements and Performance

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Summary of the main The charity continues to maintain the eight
achievements of the apartments in a reasonable condition, providing a
charity, identifying the comfortable, safe and secure home for the
difference the charity’s beneficiaries of the charity.
work has made to the
The trustees are committed to keeping the
circumstances of its
residents’ weekly maintenance contribution at a
beneficiaries and any
level that is affordable to those with limited means
wider benefits to society as
who might otherwise not be able to afford to live
a whole.
independently in the parish.
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Achievements against In 2021, COVID restrictions and appropriate
objectives set guidelines for reducing the risk of infection
continued to be applied.
However the programme of works to maintain and
improve the condition of individual apartments was
able to continue and rooms in several of the flats
were redecorated to the satisfaction of the
residents.
The architect’s quinquennial condition survey of the
building was completed. The highest priority
recommendations (rated A or B) were incorporated
into a schedule of maintenance tasks, to take
precedence over the programme of room
redecoration.
Trustees kept track of residents’ well-being through
regular phone or in person contact and the annual
‘inspection’ visit was reinstated.
Financial Review
Review of the charity’s Over the year an operational surplus of £8,936 was
financial position at the achieved. Half of the total £23,522 resources
end of the period expended was spent on repairs and renewals
including the rolling programme of flat
redecoration. The appointment of a new salaried
Clerk to the Trustees towards the end of the year
will increase the charity’s future regular
expenditure.
Statement explaining the Following a review of the Charity’s reserves policy,
policy for holding reserves and being aware of the potential schedule of work
stating why they are held that might emerge from the quinquennial survey
report, the trustees increased the funds held by the
charity on deposit to £110,000.
The charity’s principal The charity’s sole source of funds is the residents’
sources of funds (including Weekly Maintenance Contributions.
any fundraising)
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A description of the The principal risks facing the charity are
principal risks facing the · Expensive building repairs. Regular inspections
charity
are carried out and remedial work undertaken.
The trustees have initiated a quinquennial
inspection routine, and will review the reserves
policy to help mitigate this risk
·
Threat to life and property from fire, flood or
other accident. Since the end of the reporting
period, the trustees have carried out a new risk
assessment and produced an associated
maintenance action plan.
· The risk of falling demand for Almshouse
accommodation. All eight apartments have been
fully occupied since the completion of
refurbishment in 2003 and trustees keep a
record of any declarations of interest in
vacancies received.
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Structure, Governance and Management

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Description of charity’s
trusts:
Type of governing Charity Commission Scheme of 2nd October 1956,
document as amended 20th July 1998
How is the charity Charitable Trust
constituted?
Trustee selection methods The Charity is administered by voluntary trustees:
including details of any · Ex officio: Vicar or Priest-in-charge and two
constitutional provisions churchwardens of the parish of St Mary at the
e.g. election to post or Elms, Ipswich, plus
·
name of any person or One other person appointed by the Parochial
body entitled to appoint Church Council
one or more trustees
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Reference and Administrative details

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Charity name ANN SMYTHS ALMSHOUSES
Other name the charity ST MARY ELMS ALMSHOUSES
uses
Registered charity number 213747
Charity’s principal address St Mary at the Elms Vicarage,
68 Black Horse Lane
Ipswich
IP1 2EF
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Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole year
1 Rev John Thackray Chair
2 Robert Hugh Pierce Treasurer
3 Jacqueline Mary Leach Trustee
4 Robert Stirling Trustee
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Other optional information

In September 2020, the Clerk to the Trustees, Andrew Duncan retired and following an advertisement and interview process, Ms Lizzie Paton was appointed as his salaried replacement. Mr Duncan was gratefully thanked for his eleven years of service.

Declarations

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The trustees declare that they have approved the trustees’
report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg
Secretary, Chair,
etc)
Date
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Annual Accounts

	Annual Accounts	Annual Accounts	Annual Accounts	Annual Accounts
From (start date) Charity Name	to (end date) Charity No (if any) Ann Smyth's Almshouses for the period Friday, January 01,2021
					Friday,December31,2021
					213747
Section A	Statement of Financial Activities
Incoming resources Contributions from residents 32445 0 0 603990 612926 8936 Incoming resources from generated funds: Costs of generated funds: Transfers between funds Fund balances at 1 January 2021 Fund balances c/fwd at 31 December 2021 23522 Charitable activities, provision of sheltered 0 0 TOTAL RESOURCES EXPENDED Net incoming/outgoing resources V A Marriott Rentention 525 22997 Governance costs 14 TOTAL INCOMING RESOURCES Resources expended Investment income 0 32458 0 0 Incoming resources from charitable activities: Endowment funds £ Unrestricted funds £ Restricted income funds £ Note					Total this year £ Total last year £
		14			14	172
		32445			32445	32936
		0			0	0
		32458	0	0	32458	33107
		22997			22997	30765
		525			525	500
		23522	0	0	23522	31265
		8936			8936	1843
		603990			603990	602147
		612926	0	0	612926	603990

Section B	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet	Balance Sheet
Signature 612926 Signature by one or two trustees on behalf of all trustees Unrestricted funds Restricted funds 612926 Endowment Total assets less current liabilities 612926 Creditors 300 Total current assets 212020 212020 Current assets Debtors Cash at bank and in hand Total fixed assets 401206 Fixed assets Tangible assets 401206 Note Unrestricted funds £	Unrestricted funds £	Total this year £ Total last year £ Restricted income funds £ Endowment funds £
	401206			401206	401206
	401206	0	0	401206	401206
				0	0
	212020			212020	203084
	212020	0	0	212020	203084
	300			300	300
	612926	0	0	612926	603990
	612926			612926	603990
	612926	0	0	612926	603990
		Print name			Date of approval

Section C	Notes to the accounts
1. Analysis of incoming resources 2. Analysis of resources expended Investment Income Incoming resources from charitable activities	Analysis	This year £ Last year £
	Interest	14	172
	Total	14	172
	Contribution from residents	32445	32936
	Total	32445	32936
Charitable activities	Analysis	This year £ Last year £
	Hears System	1599	2355
	Almshouse Running Costs	5168	15547
	Telephone	270	147
	Repairs and renewals	11962	11135
	Sundry Expenses	1195	127
	Clerks Honorarium	49	70
	Insurance	1253	1383
	Personnel salaries	1500
	Total	22997	30765

Section C	Notes to the accounts		(cont)
Trustee expenses Review and accountancy 300 300 Facilitators Governance costs Subscriptions 225 200 525 500 Total Details of certain items of expenditure 0 0 Number of trustees who were paid expenses Nature of the expenses Total amount paid Please provide details of the amount of any payment or reimbursement of out-of-pocket expenses made to trustees or to third parties for expenses incurred by trustees. If no expenses were paid, please enter 'None' in the appropriate box(es) Last year This year Fees for examinations or audit of the accounts Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid, please enter 'None' in the appropriate box(es) 0 0 £0 £0 0 0 Independent examiner's or auditors fees Other fees (for example: advice) paid to the examiner/auditor This year £ Last year £ 300 300 0 0 Paid employees Please complete this note if the charity have any paid employees This year £ Last year £ Gross wages, salaries and benefits in kind Employer's national insurance costs 0 0 Pension costs Total staff costs 0 0 0 0
	Subscriptions		225	200
	Review and accountancy		300	300
	Facilitators
			525	500
		This year £	Last year £
		0	0
		0	0
		0	0
		0	0

Section C	Notes to the accounts	Notes to the accounts			(cont)
Debtors and prepayments
Please complete this note if the charity have any debtors or prepayments
Analysis of debtors		Amounts falling	due within one		Amounts falling due after		more
		year			than one year
		This year £	Last year £		This year £	Last year	£
Payment in advance		0		0
		0		0	0		0

	0	0	0		0
Creditors and accruals
Please complete this note if the charity have any creditors	and accruals
Analysis of creditors	Amounts falling	due within one	Amounts falling due after		more
	year		than oneyear
	This year £	Last year £	This year £	Last year	£
Other creditors	300	300
Bank Loan	0	0
	300	300	0		0

INDEPENDENf EXAMtNER'S REPORT TO THE TRUSTEES OF ANN SMYTH'S ALMSHOUSES CHARrrY NO: 213747 I report on the accounts for the year ended 31 2021. Respeclive responsibilities of trustees exwniner The truste¢s are responsible for the pr•ion of the accounts. The clJaTity'S trustees consider that an audit is not requir¢d for this yeor under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examinatson is needed. It is my responsibility to: Examine the accounts under wtion 145 of the 2011 ACL to follow th¢ pn)cedures laid down tn the General Directions given by the Charity Commissioners under section 145{5)(b) of the 2011 Act: and to slate whether particular matters have come to my att¢Dtion. Basis ofindepend¢Dt eiwniner's report My examination w&s carried out in ac￿rdanCe with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the a￿UTh￿ and seeking explanations from the trustees concerning any such matters. The pr￿edureS undertaken do not provide all the evidence that would be required in an audil and consequently no opinion is given &8 to whether the a￿OUnts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examiner'8 Statement In the course of my examination, no matter h&8 come to my attention: (i) which gives me reasonable cause to believe in any material resExrt the requirements: to keep accounting records in accordance with section 130 of the 2011 Act: and to prepare accounts which accord with the accounting records and Comply with the accounting requirements of the 2011 Act have not been met. or (2) to which, in my Opinio￿ attention should be drawn in ordeT lo enable a proper understanding of the accounts to be reached. Signed: C L Bartram MAAT 20 Woolner Close Hadl¢igb Suffolk IP7 5SX