Registered Charity Number: 213831
Hudson's & Storerfs Charities
Report fjf t￿.￿ Trurteei aD.d
Unaudited Financial Statement5
forthe Year Ended 31. December2023

Hudson's and Storerfs Charities
The trustees present their report and accounts for the year ended 31" December 2023
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity Number:
Official and Woking Titles:
213831
HLJdson's & Storer'5 charities
Principal Address
County Chambers, Kings Road, Melton Mowbray. Leicestershire LE13 IQF
Trustee5
S F Shouler
B W Shouler
Mcoe
P W Easom
P l Morris
RJ Bryant
J Easom
T I Webster
l H Chatfeild-Roberts
C Bonshor
Independent Examlner
Coultèr & Co
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing Documents
The governing document of Robert Hudson's Charity is a will proved 20th September 1641.
That of Henry Storer's Charity is a will of 12th December 1720 and a deed of bargain of sale
of 19th December 1740. A Charity Commission Scheme of 5th January 1967 made certain
modifications. The two charities along with several subsidiary charities have been
admlnistered together since 1828. There are currently tÉn trustees. When by death or
retirement the number dwindles to two or three, they identify sufficient suitable new
trustees with interests in the town and appoint and induct them to bring their number tjp
to ten or twelve.
OBJEcfivES AND AIMS
Robert Hudson's Charity exists to provide almshouses in MÈlton Mowbray for 6 poor aged
men who should be born and dwellers in the town of Melton Mowbray of the age of SO and
upwards and widowers or single men. It has very little endowment but owns the 8edehouse
in Burton Street, which now comprises four flat5 and a common room and an adjacent range
of former stables, now under conversion to four further alm5 dwelling5.
Henry Storer's Charity ha5 the bulk of the endowments and exists for the poor of Melton
Mowbray. Its income is used fi'rstly to subscrlbe to almshouses lincluding running costs,
cyclical maintenance and further provision) and secondly for the relief of the poor. It too
once owned almshouses now long demolished, but also owns a site in Fox Yard with
foundation5 laid in 2015 for six further alrlls flats. It also provides premises for another
charity for the poor.
There are several small subsidiary charities in support of either or both main charities.

ACHIEVEMEMrs
Charitsble Activities
Hud50n's new almshouses are complete but the paving of the access has been delayed by the
tardilless in commissioning the new electric Skjbstation on our land. That in turn delayed the
drying, fittin8 and decoration. Rising costs and falling income have added further impeded
progess. Storer'5 Charity continues to provide urgent small-scale relief to the poor by referral.
The money advice centre for the poor IMADMACI continues to operate from the old Fox Inn.
Administration
The website has produced fewer enquiries than expected, but that is for the good as the new
almshouses have not been available. Trustees'103n5, some converted to gifts have enabled
the almshouse project to continue. A drawdown was also m3de on the Extraordinary Repair
Fund, the first since it was set up in 1967 but a proper application of its purpose.
FINANCIAL REVIEW
Accounting Policy
The Trustees Opt to present accounts on a receipts and payments basis, which they do for the
two principal charitiès. Their accounts include income from the subsidiary charities.
A combined statement of assets and liabilities is provided.
Reserves Policy
Prokierknes and investments held as endowments or purchased for charitable use are held as
restricted funds. An extraordinary repair fund is held for Robert Hudson's Alrnshouses.
This and funds raised for the Storer's new almshouse project are held as restricted fijnds.
Any surplus is held a5 unrestricted funds subject to review by the trustees from time to time.
ON BEHALF OFTHE BOARD:
S F SlttyLae
S F Shouler, Trustee
Date: 16" Septernber 2024

Re￿IptS and Payments for the year ended 315t December 2023
Robert Hudson's Charity
Receipts
Resldents. Contribution5
Endowment Dividends
HMRC GiftAid
Loans
ERF release
2023
2022
2023
2022
Payments
Insurance
Repairs
Cleanin& Gdn &c
Electricity
Water
Alarms & fire
Countil Tax
Almhouse Assn
Secretary's stipend
New èlmshouses
Legal fees
6,576.00
6,576.00
766.69
763.74
18,750.00 IOS,970.44
ioo,000.00
1,576.34
3,022.68
1,938.43
6,015.45
1.183.65
1,753.84
1,419.84
949.30
153.00
146.00
1,000.00
1,000.00
168,115.58 342,963.16
1,607.20
188,178.82 361,825.79
L343.68
8,99L08
966.00
3.859.37
ioo.000.00
126,092.69 214,310.18
62,085.13
147,515.61
Subcription from Storerfs
8,178.82 361.825.79
Henry Storer's Charitv
Receipts
Rents
Wayleaves
Endojwment diwdends
Bank Interest
Payments
Poor relief
RepalrJ & servlces
Insurance
Property management
Bank charges
Accountancy
89,879.90 105,281.44
138.67
109.12
9Jf3.22
949.55
115.61
11.41
91,087.40
106,351.52
65,361.86
3,470.00
3,555.OD
4,848.64
5.224.01
6,914.18
6,919.21
9,094.60
8,226.35
do.00
87.20
?io.00
186.00
24,617.42
24,197.77
62,086.13 147,515.61
4,3S3.85
91,0￿.40 171,713.38
From reserve
To reserve
9108s.40 171.713.211
Comblned tharitie5
Opening cheque5 ulp
Hudson's net payments
Jtor)r's net payment5
Closing bank current
Clo5in8 bank dep051t
Cash in hand
6S,f*7.81
188,178.82 361,825.79
2n 611.42
24,197.77
59,155.55 112.831.Jl
7,983.63
7,868.02
i.000.oo
344,465.23 so6,722￿9
OpeninB bank current
Openlng bank dep051t
Hudson's net receipts
Storer's net récèlpts
aoslng cheques ulp
112,831.31 114,676.77
7,85%.02
7,856.61
126.092.u9 214,310.
91,087.40 106,351.52
6,583.81
63,527.81
344063.23 506,722A9

Balance Sheet at 31st December 2023
2023
2022
Fixed Assets
Tangible Assets
Land & Property
Investment funds
1,000
1,740,003
229,783
1,970,786
1,000
1,740,003
297,474
2,038,477
(Note 31
(Notes l & 21
Current A55ets
Cash in hand
Cash at Bank less cheque5 unpresented
Total assets
Llabllities
Loan5
Net Assets
1,000
60,555
2,032,341
57,171
2,095,648
25,000
2,007,341
loo,000
1,995,648
Funds
Restricted Funds
Endowment Funds
Unrestricted Funds
(Note 11
(Notes 2 & 31
167,132
1,802,654
37,555
2,007,341
240,048
1,797,429
41,829
1,995,648
Note I
2023
Hudson's Extraordinary Repair Fund
673.92 Coif Acc
1095.16 Coif Acc
2022
248
167.132
219.19
240,048
Note 2
Robert Hudson
1723 Coif Inc
19.845
18.19
34,193
31,341
Henry Storer
1434 Coif inc
19.845
18.19
28,458
62,651
26,084
57,426
COIF Charity Funds at mid-market price end Dec
Note 3
Bedehouse
New Bedehouse
Fox almshouse site
Other land and property
1,740,000
1.740,003
Almshouses at nominal value,. other property revalued at 31112/2021
1,740,000
1,740,003

COULTER
co
Mrs. H Hetherington
Secretary
Hudson's and Storers Charities
County Chambers
Kings Road
Melton Mowbray
Leicestershir¢
LE13 IQF
A C C DU NT ANT S
Our Ref: MTWIHIO
26, August 2024
Dear Mrs. Hetherington,
I write to confim that thÈs firni has carried out an independent examination of the accounts
for the year ended 31" December 2023.
I confiml that the accounts have been correctly prepared (on a Teceipts and payment basis)
and are in accordance with the underlying records.
Yours sincerely,
MTWest
Managing Director
T.'01664561111
E.. inlo@coutterandco.co.uk
Ciilter & Co IAccountanlsl Ltd
Pera Business Parl
M03 Tower Building
Nottingham Road, Ilelton Mowbray
Leicestershire LE13 OPB
www.coulterandco.co.uk