IFfAO(aS m£ ,
ANN SMYfHS ALMSHOUSES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

ANN SMYfHS ALMSHOUSES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
MrRHPwce
Mr5 J M Leac*
tr R Stiikng
E Hugh&s
Charlty numb
213747
Indepgndent •¥amlner
LB l>wAtfviaory Lim*fyl Ilps*ld)I
80 Comp* c1￿￿t
UK
IV2 OEH

ANN SMYfHS ALMSHOUSES
CONTENTS
Page
Baknce sheet
6-10

ANN spaYfHS ALMSHOUSES
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEAIBER 2023
Th6 flnandal statements havg been prepared tn aox*darKe Ihe 8CGCWttng ￿11￿*5 set nots 1 to the
financi81 statements and ccynpty wth the govwning dc￿￿enth charl￿ 2011 and 'Ac￿￿￿ting and
Reporting by Charities.. Statement of Recommended Pwaice atvl¢able to Cha￿leS Fryarlng their actxjunts in
accordan￿ wmh Ihe FIr￿l￿al ReporUrb3 Sland*d apF4ca* In th& UK of hland (FRS 102).
leffec*ve 1 January 2019).
ObJoctiv•8 and actl¥ltl•s
The purpc6e of the tharity a6 sd i*Jt Ikwn8rt acca)mmda15Dn for
The maln aCtIv￿e$ of the rompany are..
. prI￿810n and malnlen8nce rf SOW rAMtatr￿d as acfrnn￿rffi dghl women aged fffty
yeais and ovor. who are aho ¢ornmunrcat& rnwnbBts ol the ch￿th c{En￿￿d.
The Iru8te8s pald r8gwd to guldBnrx Isf4Jed by th8 Chwity In what a(XJvliles t
Ach¢•vomwrt8 and wfomi•n
The charity c￿tinu•S to Thlnfain the *it 8p*In￿lS r¢ 8 r8axrf)thfo (%￿d￿N￿. a (¥)Mfr*￿8. 88fe
The trusleos afe c4Ynrrflt&l to koetAng the MBIrtena￿ a Ib¥el that IJ afforda￿• to
thos8 Wtth Imlted means vtho ftwghl rJhen¥ka beat40 to afford to li patsh.
In 2023 th empty fiats uryletely red0￿￿*￿d to ne* resklerts M￿ng kn. A ngw boller w8s In8t811od In
another flat and further bokn are $d￿k￿ b) b* replac￿ kn 2024 kn kwlThJ thom up to CUf8nl
standard8.
Extenstv• wc*k to rwr and weswve tha w&s c8nled Iwt aThJ In 2024 mts￿ wot* wll be
undertaken to wnprov• frè safety on the adbtr of8 Fn S* Offlcar. El&*iral V•Thks a180 compleled in the
Fln#nclal rèvlew
Despll8 fiats vacart wt of the ￿r a of£121 wa$ athi8v•d. The total
Thg total fund$ 8t the cl Ihe to£215￿
The amcNJnÈ hekj dew at the aNI of the yw lo £11&711 The gen￿* Temaln8 at £20k
The M8Ior Repatrs Fund is sot at £131A.

ANN SMYfHS ALMSHOUSES
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
The princi￿1 risks f8(ing the tharity arg".
. Expensiv8 Ixjlhying repatrs. Ragutsr are arKI remwthal th undwtsken. Thg
trustees h8ve inib'ated a q￿￿￿e￿n￿l irtspthi rcth. and will Thiew the reseNes poty to help Mitigate
this risk.
. Threat to lrfe and prDpety from fre. ft0C￿ ar olhw aLa>lent. A Fwe Risk assesynent was caThiad tyjt
and rgwmmended 8cion$ have teen Klthifjed xheduw.
The r15k of falling d8m8rKI lor Alms scsxnm￿ti(￿. All e￿1 apartmonts have been fuly OCCUp￿d
since the completion of refthbthm8nt in 21N)3 and trustees keep a re¢tyd of any dedaration of inlere5t in
vacanries re￿1￿1. tnJ8te88 arn oware that at Igast one Ilat may b8cL*i)8 V8c4nl wthln the next 12
M(￿th3.
Slry¢tUf•i gov•manc• and man•gwn•ftt
Th* goveming document of the ch8rity Is the Chm 2rwJ Oraobor 1956. •8 8rnended 20th
Juty 1998. The d￿lity 18 consbbJW a8 a O￿lI￿A9 trusL
The trustee& kn swved durirYJ the year tolt* date d S￿a￿re of tho (Inmdol statements wer•:
Mr R H Prerce
Rev Cwon Jthn Th8thr8y
Mr8JMLe8
r R Stirfing
r8 E Hughe$
EPal
The charlty b adn￿nISte￿I by voknt&y trust•
. Ex officb.. Mcar or pr1e￿ d￿rye aNI thur(* the I￿LSh of St Mary •t the Ekns, Ipswtth.
n Tha(*ray
Chair of ThAt••s
Data..

ANN SMYfHS ALMSHOUSES
INDEPENDENT EXAMINElfS REPORT
TO THE TRUSTEES OFANN SMYfHS ALMSHOUSES
I rewrt to the tri￿te88 my of the Akn9h￿￿ (the ¢harity)
Responslbllliles and ba*ls of r•port
As the tru6t8es of the chwty yw we res[￿￿1)* fL* the S1*n￿ts In acrAwdm vAth
the requirerrEnls of Ihe 2011 {Ihe 2011 A(*
I report in raspect of my of the fnBncial &ate￿ts ¢xnied out LYhJeT secjlon 145 ofthe 2011
Ac*. In carrykng out my examlnation I have al tre L*er*on6 glw) by the Ch8rfty Comm186k
under 8edbJn 14515Mbl of ts 2011
Ind•wnd•nl •x•mln•rfs *t•t•m•nt
Your attenlkjn Is (tr8wn to tha I￿t that the thwity hss fmanoal statwn￿tS kn a¢xord8nce wlth Accourrtlig
nd Reporting by Chariti&% wepariro thek ac￿Unts kn araydan(% the Fllwirial Re[￿1￿0 SlaThJard applic4blo
In tho UK and Rewbl¢ cl Irel￿￿ (FRS 1021 In welere1￿ to the Ac¢ountlng aThJ Repjtrng by Chariiies: Stalemerbt
of Racomm￿dOd Pracarr* on 1 Ayll 2005 ra￿VrAj to kn th? 8xtsnt rwJilatkn$ but has now baan
withdrawn.
l undwthd Ih81 IN8 hss b8en (kine In L*derkr to a trt* falr ￿e￿ kn accoTd811ce
OX8mlnal*rm causo ts) belevo that mat*W
accounlir¥J recc¥d9 were rKrt kept in resp8¢t of tho dwrlty a8 by s•dk¢) t30 ofthe 2011 k*,. or
the finandal Btatemenls do noi o)mply the requlrwTbef*s t))rKern￿ the fom and cont¢nl of
ac£ounts sel out k) the Charfdas (Aco￿nts WKI R￿) 21x18 1)ther •y Tequlr•ment that the
acrA>unls ￿1￿ a trua and far 1% a matier ccAXhje￿ ao part of an Indep￿dent examlnaloon.
LB Grow Athtl*ory Llmlt•d OpB¥Ach)
Ipswith
Suffolk
IIY2 OEH
UK
Datod: ...

ANN SMYfHS ALMSHOUSES
STATEMENT OF FINANCIALACTMTIES
INCLUDING INCOME AND EXPENDrruRE Accoupir
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlctsd Unrnstrlct•d
funds
fund•
20TJ
2022
Incomè from:
Ch8riiabl8 aCti￿tte3
Invg8trnents
34,001
34.634
1.080
Total incom•
38,901
35,714
endlt
Charftable 8(*MUe8
38,780
35,456
N•t In¢om• forthg ywl
N•t mo¥en*nt In lund8
121
258
Fund b8lancw at 1 Ja￿ry 20Zd
613,184
612,926
613.305
613.184

ANN SMYfHS ALMSHOUSES
BALANCE SHEEr
ASAT31 DECEMBER 2023
2023
2022
Flx•d amets
Tanglble a&sets
10
401
401.206
Curr•nt as••¢•
Ca8h al bank and in haNI
215.505
212,692
Cr•dllor•: amounts l•lllng du• rhfthln
11
(3.4061
<7141
Not CLwrent a88ets
212,099
211,978
Total cwr•nt
613.305
613,184
Ih¢(wn• fund¥
Unrestri¥Xod funds
613.305
613,184
613,305
613.184
The finandal stat8m8nts were by th•Trt￿ cm ... ..
evergnd C

ANN SMYfHS ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Aecounttftg polckns
Chortty Ihfmatlon
1.1 Arxountlny ¢onv•ntlon
The finandal statemBnts boen iyep*￿ In aryxYd•K? vAth th8 thartys govwning documanl. the
Cthaiibes Act 2011. FRS 102 Yha Finawa Reportffig Slandard In th• UK and Repubjlc of Iret8n¢r
rFRS 102.1 arwj the Chaiilies SORP "Ac(xwnling 8nd RetKJrtmg by Chario"es'. St*oment of Recomrnended
Pracbc& 8pp&cabl8 10 th8rib.es prepamg IheE'r accojnls in act￿￿￿n￿ vAlh the FInd￿￿ R8porting Siandard
aw)licable in the UK Repubfic of k*nd (FR8 102r leff•Yive 1 2019). The chartty 1$ a Pubr
Benelli Enuty as defined by FRS 102.
Cash Flw.
The lknandal 8tatémenb hava departed from t￿ Charttses IALZOUtts R8Oulall￿B 2008 onty to
the exterrt requlred lo proWe a true and falr ¥iew. Thls ¢kp8thre has Invcknl lolbwlng Ihe Statement of
Recommended PTac11￿ for tharltte5 FRS 102 rather than the ver8irrt) of the Statement of
Recommonded Pr8dic* ththlth 18 refetrwj kn h) the 71thich has ￿n¢8 b8en wlthdrnwn.
Ihand81 sialements stthJ, 18 the fuThX(ml LmrKy (¢ Iha tharty. Mi￿81&ry
pc4k4es adc*d w• 8et out bekn*.
1.2 Gotng ¢o•*ern
At the ts'me of apwothg the lknandal 81atsn4rynt•. tho trustee3 Iwv8 a reawnabl6 eKpactthn that the charlty
hos ad8quale resour￿ lo rxmtinue kn c4Jeraknd far the fixg¥eeabl* fuknrv. Ihe tFUSt¢es
la Ch•tllabl&fitnd•
UnTestri(a•d fixwjs orè avallabl& thB tr￿te*S in of thek tharstsble
objethes.
Re8trftsrted funds a￿ subfect to spedfic cth1iknry ty 1knty5 as lo hth¥ they may b8 U8od. Tho ptwtx)9eg and
tharfty.
IA Incom•
In(x)m8 is rwnised Mthert thè tharty 16 Wty *rtilleJJ to It afterry Pthnan￿ havo been mel
relat￿￿ to donations recei¥¥J GrftAKI or deets Or¢￿￿t is rwAsed at the bme ofthe ￿[￿ation.
Legaaes r8o)wAsèd cr if the dTty been nrrthbj OF an #npending distribullon.
the anount is knowry is exp￿￿. 11 th• is mi kn￿aTr. Ihe ￿llaCy is treated as a

ANN SMYfHS ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pokcl•¥
(Continu￿)
Expendlture
third paty. it is wbatrAc ts a tr￿fer d e(rnJnx tMefits be rwred ￿ Settlett￿nL and the amcmjnt of
Ex￿ndI￿re Is classilled by adiwity. The ￿ of eath acti￿ are made up of tt* tot81 of dire￿ coBt8 and
shared Gosls, Inckndiry costs inwTr4ed in each a¢tr¥ty. 0SrBd Gosts atb*Jutable lo 8 singlg
activlty are alorxted directy lo that aclfvty. Shared wsts whh* cuttritxJte to more than onry actmty
gjpptyt co6ts which ars not a￿lE￿l￿b* to a yrvje are aFf¥Y1lc￿ort betr￿n those activities i)n 8 basis
cthsistent wilh the use of re5cyJrw. Centr¥l slaff costs ar8 alhxatwj ￿ the b8sls ()f tyme spenL and
1.6 T•nglble fix•d a•o•ts
depredation and ary trnpakn￿nt kmes.
Depr8(aalion1g reCtyr￿88d 80 as lo *iile (Ifthe o)8tty ¥a￿alk￿ d assets Trsldual Va￿8& over thelr
Freehc4dl8￿j and *￿IdIr￿J$
The gatn or knss arfshg on the thspo$81 olan a38et is deternmned as the dlffwenr? batr￿n the sale iYoceed8
1.7 Impolment of fixed •8*¢ts
Al each reportlng 8nd date. the tth8rfty taryvwJ of Its lar￿1B 88s•ts to dotsmithe
whelhèr there 18 8ry IrKlicthn that 888•ts hav8 Suffered an wnpainent ljss. If any such Indication
exists, the ro¢overatl8 am0￿[ of the ass8t is estrnjted in mler to Il•t*mts Ihe axtsrrt of the Im￿lm￿nI
1088 (Il any).
1.8 Cash •nd ¢aoh •qulval•bts
Cash and cash owiw*its kn(knle cash in hand. deF￿ hebj at bar*s. other short-lerm Ilquid
vestments vAlh orb'nal maturflbes of tI¥Be nK¥th5 cf l•ss. and bw* ovfrdraftL overdrnfts am thown
Basic fmanry81 assets. whkth incknla ond and bank bal8rtces. are Inldally measurpd at
trarwctlon prfce induding knBaclim cmts and ae wbsw camgj at an￿lised cost u•ng thé effective
interest method unless airwN￿ ￿￿slIb￿eS 8 ffiarKing bar￿¢11(￿. vthere the transaction is
measurgd at the wesent vdue ol the fiAurn at a r8ts of intw88t. NnwKa818S8èts
daswfied as r8(wat4e vAlhin crn year 8re nct aFtK*ts•J.
Basic finan(iBI I￿￿￿1￿8$. crndith aKI bank are Yetcywsgd at trans8dion unless
the arwgemenl conslilutes a frnicThJ tsJns•Aa￿. v*there tha debt IF*Un￿ is measLffed at the present
value of the ftrture payments th¢￿rrted at a maket rate of Irrfe￿l Fmanoal Irat4UOos Cla￿ed as paydbl8
thln one Jw are not •norti5ed.
Trnde uedltOT5 arn obligakn fo gL￿d5 ty sernvs th8t have been a¢￿￿ In the o)utse of
operations from supt4lers. AmrAmts we da5sified as ￿ liaLihb'es il pEyrnent is due vthin one
year or less. If not. they are presen￿ as MwHxJffent klybbes. Trada creditus are reo)gnised irutially at

ANN SMYfHS ALMSHOUSES
NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 3q DECEAIBER 2023
Ac¢ountlng poki•s
IContinu8d)
Finan481 liabilEp5 are derwxwised ey&kn ty 8rè disth•rg&J or
canc618(J.
Employee bènèfflB
Th8 cost of unu59d IKAiday onknt lx in ts porkna ￿npbYee'S seFvices are
Tam￿natIOn ben6ffts are rerAgnlsed tsmrRdlatdy as an expTh kn the th*ty15 dttmonstrably txjmmltted
ln the aP￿1￿110n of the thaFit¥s ac￿￿lIng th8 bustees requlrgd to makèjudgempnts. esllmales
and a85umpllons atKHJt the wtsig mnt of assets and laixliies th81 are nol readlty apparerit frorn other
sources. The estfvles and a550dated assurWkTh are based on historicai 8xFeri8nc& and other la¢tor8 that
esllmatss arKI undwtyiThJ 8sswTrpdons re￿tr￿ed ba￿s. Revlslorffj to a£￿Un￿ng
e61kn8¢es are rett)gn￿d in the kjwlod ￿ t*h¥th Ihe esumate 18 revlsed wlwe tha revision affects only that
pawiod, or In thg of the revtslon Wid ￿tL￿e the mis1￿ afferts bolh current and fijture
pertod8.
2023
2022
34.W1
Inv•skneThts
UM•8tricted Unrestr'cted
fvnd5
funds
2023
2022
4.9JO
1.080

ANN SMYfHS ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
2023
2022
Slaff
Hvar8 System
Afm8hcwse njnnvig
Telethone
Repalrs and renewds
s￿￿￿ry Expen8¢8
9.000
1.626
3.130
144
18.581
2,621
5,918
151
17.053
Insur
1,414
1.400
511
1,330
37.557
34,322
Share of f>xts (see 7)
1223
1.134
38,780
35.456
charl￿le ath
2022
costs
SLtscrfptkns
Indepen¢J￿rt wmnakn
420
420
714
714
1.134
Chwitsblp aclNibes
1.134
1.134
Trn5tees
tharity the Y￿r.

ANN SMYfHS ALMSHOUSES
NOTES TO ThE FINANCIAL STATEAIEKfs (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
The averag& monlhly nwrt)er of the
2023
2022
lknther Numb8r
Employm•nt costs
21123
2022
Wage8 and sa18d68
10 Tanglbk• Ilx•d ￿1$
Fw••huld and buldlTrA•
At 1 January 21
401.208
At 31 Decwnber 2023
401,206
C•rylng an￿Unt
31 December 2023
401.205
At 31 D￿mber 2022
401,206
11 Crndltor8'. •mourt• ￿1th9 du• fhlthln on• y
2023
2022
Trade rxediicx
1,994
1A12
714
714
10-