## **Vigne-Bremner Almshouses** 30/44 Nursery Road Sunbury on Thames Middlesex TW16 6LE Reg. Charity no. 213816 ## **REPORT FOR THE YEAR ENDING 2023** ## **Trustees: Rev Andrew Downes – Chairman Diana Brown Wendy Evans, Joyce Healey, David Knight** ## **Co-opted Members: John Mold** ## **Administrator: Sarah Pow** Trustees’ meetings were held in January, April, July and October 2023 The accounts for the year ending December 2022 were presented to the Trustees’ in October 2023 and accepted by all. The annual inspection of the properties took place in August 2023. The central heating boiler is inspected annually by 1st Class Plumbing & Heating, and the fire extinguishers are also checked annually by Chubb. The smoke alarms are checked annually and the batteries are replaced. The gardening contract has remained with a private contractor, and is very satisfactory. The landscaping is gradually being improved with new planting and work to trees. Contributions of £420 remained the same for 2023 All residents were up to date with their payments by the year end. Most of the residents have remained in reasonable health. Unfortunately one resident passed away in December 2023 and another moved to a care home in April 2023. The Almshouses are run on a voluntary basis by the Trustees but with a self employed paid administrator to deal with secretarial and financial details The Almshouses Association Gazettes were received, and articles of interest reported to the Trustees by the Administrator. Sarah Pow – Administrator October 2023 **REGISTERED CHARITY NUMBER: 213816** ## **REPORT OF THE TRUSTEES AND** ## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **FOR** **Vigne Bremner Almshouses** MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ **Vigne Bremner Almshouses** ## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 December 2023** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|8| |**Detailed Statement of Financial Activities**||9|| **Vigne Bremner Almshouses** **REPORT OF THE TRUSTEES for the Year Ended 31 December 2023** The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** The Trustees shall apply the income of the Charity in maintaining the Almshouses and surrounding land for the benefit of persons who by reason of their social or economic circumstances have need of such housing. The trustees have had regard to the Charity Commission’s guidance on public benefit and consider The Vigne-Bremner Almshouses to meet the definition of a public benefit entity under FRS 102. ## **FINANCIAL REVIEW** ## **Financial position** The Charity’s financial position for the year was satisfactory. The reserves are substantial. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 213816 **Principal address** 30-44 Nursery Road Sunbury on Thames Surrey TW16 6LE **Trustees** Rev A V J Downes Chairman D Knight W Evans D Brown J Healy **Independent Examiner** Mark Blackwell (ACMA) MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ **Bankers** Barclays Bank PLC Teddington Branch Kingston Business Centre 6 Clarence Street Kingston upon Thames Surrey KT1 1NY Approved by order of the board of trustees on ............................................. and signed on its behalf by: ...................................................................................... Rev A V J Downes - Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VIGNE BREMNER ALMSHOUSES** ## **Independent examiner's report to the trustees of Vigne Bremner Almshouses** I report to the charity trustees on my examination of the accounts of Vigne Bremner Almshouses (the Trust) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mark Blackwell (ACMA) The Chartered Institute of Management Accountants MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ Date: ............................................. Page 2 **Vigne Bremner Almshouses** **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2023** |||31.12.23|31.12.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Other trading activities|2|35,857|40,319| |Investment income|3|860|939| |**Total**||36,717|41,258| |**EXPENDITURE ON**|||| |**Charitable activities**|||| |Charitable Objectives||34,240|89,174| |Other||1,897|2,586| |**Total**||36,137|91,760| |**NET INCOME/(EXPENDITURE)**||580|(50,502)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||161,015|211,517| |**TOTAL FUNDS CARRIED FORWARD**||161,595|161,015| The notes form part of these financial statements Page 3 **Vigne Bremner Almshouses** ## **BALANCE SHEET** ## **31 December 2023** |||31.12.23|31.12.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|6|1|1| |Investments|7|118,489|118,489| |||118,490|118,490| |**CURRENT ASSETS**|||| |Debtors|8|689|-| |Cash at bank||45,316|44,945| |||46,005|44,945| |**CREDITORS**|||| |Amounts falling due within one year|9|(2,900)|(2,420)| |**NET CURRENT ASSETS**||43,105|42,525| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||161,595|161,015| |**NET ASSETS**||161,595|161,015| |**FUNDS**|10||| |Unrestricted funds||161,595|161,015| |**TOTAL FUNDS**||161,595|161,015| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. A V J Downes - Trustee ............................................. D Brown - Trustee The notes form part of these financial statements Page 4 **Vigne Bremner Almshouses** **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 December 2023** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2.** ## **3.** ## **OTHER TRADING ACTIVITIES** |**OTHER TRADING ACTIVITIES**||| |---|---|---| ||31.12.23|31.12.22| ||£|£| |Rent Contributions Received|35,857|40,319| |**INVESTMENT INCOME**||| ||31.12.23|31.12.22| ||£|£| |N.A.A. Common Investment Fund|857|939| |Interest receivable - trading|3|-| ||860|939| ## **4.** ## **TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022. Page 5 continued... **Vigne Bremner Almshouses** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023** |**5.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Charitable Objectives
Other
**Total**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**6.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2023 and 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
**7.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2023 and 31 December 2023
**NET BOOK VALUE**
At 31 December 2023
At 31 December 2022
There were no investment assets outside the UK.
Cost or valuation at 31 December 2023 is represented by:
Valuation in 1|Unrestricted
fund
£
40,319
939
41,258
89,174
2,586
91,760
(50,502)
211,517
161,015
Freehold
property
£
1
1
1
N.A.A.
N.A.A.
Income
Accumulation
Shares
Shares
Totals
£
£
£
11,278
107,211
118,489
11,278
107,211
118,489
11,278
107,211
118,489
N.A.A.
N.A.A.
Income
Accumulation
Shares
Shares
Totals
£
£
£
21,491
339,065
360,556| |---|---| Page 6 continued... **Vigne Bremner Almshouses** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023** ## **7. FIXED ASSET INVESTMENTS - continued** - ** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF N.A.A. INCOME SHARES - 'COST' ACCOUNT TOTAL Cost/valuation b/f |||||| |---|---|---|---|---| ||Cost/valuation b/f|||11,278| |||||11,278| |CLIENT SCREEN TOTAL|||=|21,491| |**|TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED|||ASSET 'CO| ||ACCOUNT HELD AT END OF YEAR IN RESPECT OF|||| ||N.A.A. ACCUMULATION SHARES|||| |'COST' ACCOUNT TOTAL||||| ||Cost/valuation b/f|||107,211| |||||107,211| |CLIENT SCREEN TOTAL|||=|339,065| |**8.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31.12.23|31.12.22| ||||£|£| ||Prepayments||689|-| |**9.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31.12.23|31.12.22| ||||£|£| ||Other creditors||2,900|2,420| |**10.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.1.23|in funds|31.12.23| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|161,015|580|161,595| ||**TOTAL FUNDS**|161,015|580|161,595| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|36,717|(36,137)|580| ||**TOTAL FUNDS**|36,717|(36,137)|580| - ** TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF N.A.A. ACCUMULATION SHARES continued... Page 7 **Vigne Bremner Almshouses** **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 December 2023** ## **10. MOVEMENT IN FUNDS - continued** **Comparatives for movement in funds** |**Unrestricted funds**
General fund
**TOTAL FUNDS**
Comparative net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At
At 1.1.22
in funds
31.12.22
£
£
£
211,517
(50,502)
161,015
211,517
(50,502)
161,015
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
41,258
(91,760)
(50,502)
41,258
(91,760)
(50,502)|Net
movement
At
At 1.1.22
in funds
31.12.22
£
£
£
211,517
(50,502)
161,015
211,517
(50,502)
161,015
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
41,258
(91,760)
(50,502)
41,258
(91,760)
(50,502)| |---|---|---| |||(50,502)| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At
At 1.1.22
in funds
31.12.23
£
£
£
211,517
(49,922)
161,595
211,517
(49,922)
161,595|Net
movement
At
At 1.1.22
in funds
31.12.23
£
£
£
211,517
(49,922)
161,595
211,517
(49,922)
161,595| |---|---|---| |||161,595| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|77,975|(127,897)|(49,922)| |**TOTAL FUNDS**|77,975|(127,897)|(49,922)| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2023. Page 8 **Vigne Bremner Almshouses** **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 December 2023** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 December 2023**|||| |---|---|---|---| ||31.12.23||31.12.22| ||£||£| |**INCOME AND ENDOWMENTS**|||| |**Other trading activities**|||| |Rent Contributions Received|35,857||40,319| |**Investment income**|||| |N.A.A. Common Investment Fund||857|939| |Interest receivable - trading||3|-| |||860|939| |**Total incoming resources**|36,717||41,258| |**EXPENDITURE**|||| |**Charitable activities**|||| |Rates and water||136|2,146| |Insurances and T.V. Licence|2,754||1,187| |Light and heat|10,388||5,198| |National Association of Almshouses||539|-| |Advertising||140|-| |Garden Maintenance & General Repairs|20,283||80,643| ||34,240||89,174| |**Support costs**|||| |**Management**|||| |Secretarial Exp. & Sundries|1,417||1,986| |**Governance costs**|||| |Accountancy and legal fees||480|600| |Total resources expended|36,137||91,760| |**Net income/(expenditure)**||580|(50,502)| This page does not form part of the statutory financial statements Page 9 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VIGNE BREMNER ALMSHOUSES** Independent examiner's report to the trustees of Vigne Bremner Almshouses I report to the charity trustees on my examination of the accounts of Vigne Bremner Almshouses (the Trust) for the year ended 31 December 2023. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Mark Blackwell (ACMA) The Chartered Institute of Management Accountants MHR Consultancy Limited Ferneberga House Alexandra Road Farnborough GU14 6DQ Date: .............................................