f 

Trustees’ Annual Report for the period Period start date Period end date 

4 From 01 Jan 2022 To 31 Dec 2022 Section A Reference and administration details 

## Charity name| St Mary’s Church Homes 

## Registered charity number (if any)[213835 

Charity's principal address| 28 Airedale Road, Ealing, London 

# Postcode —SSS=«dSASD 

## Names of the charity trustees who manage the charity 

PN ne me ee Names of the trustees for the charity, if any, (for example, any custodian trustees) \NameCSC Dates acted if not for whole year (ee ee 

Names and addresses of advisers (Optional information) 

Type of adviser Name Address aan (A 

Name of chief executive or names of senior staff members (Optional information) 

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Section B 

Structure, governance and management 

Description of the charity’s trusts Typerot : Trust deed (conveyance) dated 9 Jan 1900, amended by a scheme dated governing decament 14 Jan 1971. There were amendments by resolution dated 22 Dec 1987, 2 Mar 1988, 30 Jan 1992, 21 Jan 2019, 13 May 2019 and 6 Sep 2021. Trustes eslaction mathods Vicar of St Mary’s Church Ealing is Chairman ex officio. Other trustees are appointed by the trustees. Additional governance issues (Optional information) You may choose to include ; ; , ; ; was : Policy documents covering allocations, complaints, conflict of interest, additional information, where : ‘ ‘ : ssgeaiee . relevant,[about:] ; data protection, disaster recovery, equality and diversity, financial controls,é health and safety, investment, repairs, reserves and safeguarding were in adopted for the induction and training of trustees: A policy was adopted in 2022 regarding the trustees’ duty of care in respect of a resident's ability to maintain independent living. 

## Additional governance issues (Optional information) 

- e the charity’s organisational structure and any wider network with which the charity works; 

- e relationship with any related parties; 

- e trustees’ consideration of major risks and the system and procedures to manage them. 

## Section C 

## Objectives and activities 

The Almshouse shall be forever hereafter occupied by poor and aged persons of good character being bona fide members of the Church of 

Summary of the objects of the | England. charity set out in its governing document 

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The trustees have had regard to the guidance issued by the Charity Commission on public benefit in making decisions to which that guidance is relevant. The charity has continued to fulfill its charitable purpose of providing good accommodation to persons of limited means within the terms of its governing documents. 

The charity provides accommodation in 14 Flats (Almshouses) in Ealing London W5 for elderly or disabled people of limited means. 13 of these have one bedroom, one has two bedrooms. One of the one bedroom flats and the two bedroom flat are suitable for residents with impaired mobility. 

Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) 

## Additional details of objectives and activities (Optional information) 


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You may choose to include further statements, where relevant, about: 

- e policy on grantmaking; 

- e policy programme related investment; 

- e contribution made by volunteers. 

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Section D 

## Achievements and performance 

Summary of the main; 5‘ flatA vacancy was redecorated arose in Decemberwhile it was 2021 vacant.due toA new a residentresident moving movedaway.into Thethis achievements of the charity | 2+ in March 2022. All flats wer ied for the remainder of 2022 during the year at in Marc ats were occupied for emainder o During 2021 the trustees received a report from the architects on the condition of the windows. The front windows were the originals from 1900 with secondary double glazing and the trustees decided to consider complete replacement as well as other options. During 2022 the trustees obtained quotes for wooden and PVC windows and decided to proceed with replacing all the front windows with new wooden windows. A contract to make the windows was signed with George Barnsdale in January 2023. The trustees have worked closely with their architects Geoff Beardsley and Partners and appointed them as architects for the whole project. This includes arranging and administering a separate contract with builders to provide scaffolding and carry out redecoration to make good the interior and exterior following the installation of the windows. The trustees were concerned to look after the welfare of the residents before and during the work taking place. Opportunities were provided for residents to discuss the programme as well as being given written updates on timing and how the work might impact them. The trustees put in place arrangements for an additional loan from The Almshouse Association in 2023 to help fund the work. [Work on site started in May 2023.] During the year the trustees received registration of a piece of land which has been used as part of the gardens for many years. This registration is a possessory title based on adverse possession of the land over many years. 

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Section E Financial review 

The charity seeks to hold at least £50,000 in readily realisable assets in Brief statement of the accordance with its reserves policy. Reserves are currently being rebuilt charity’s policy on reserves to provide a substantial contribution to the cost of the new windows. Reserves are held to cover possible fluctuations in income or expenditure, including major disaster, the estimated cost of replacement of the front windows referred to in Section D above and against the liability for the current loan from the Almshouse Association. As at the end of 2022 readily realisable assets were £105,109. This excludes the endowment fund and the outstanding loan from the Almshouse Association which is repayable by annual instalments ending in 2026. Details of any funds materially in deficit Further financial review details (Optional information) You may choose to include The majority of income is the monthly maintenance contributions from a residents. There is a small amount of income from the endowment funds additional information, where adtead Ii tarlftrabat th ‘él veilearard wlecath and fee ariff r es on the solar panels. * the charity's principal _ Most of the realisable reserves are held in the COIF Charities Deposit sources of funds (including Fund and in the current account. Unrestricted funds include one share in any fundraising); the M&G Charity Multi Asset Accumulation Fund. This fund is likely to be ° how expenditure has used when the trustees restart to invest in a managed fund. supported the key objectives of the charity; e investment policy and objectives including any ethical investment policy adopted. Section F Other optional information ay te ee Section G Declaration The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees gnature(s) e \ AW Aoe Full name(s) |Stephen Denis Paynter Roger Jesse Jarman Position Clerk to the Trustees Date Say ss aaah’ ee 20253 

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## ST. MARY'S CHURCH HOMES AND OTHER CHARITIES 

RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31ST DECEMBER 2022 

||2022||2021||
|---|---|---|---|---|
||£|£|£|£|
|Receipts|||||
|Contribution from residents|60,700||57,060||
|Income on investments|3,673||3,479||
|Interest on deposit accounts|558||3||
|Electricity generation (solar panels)|2,362||1,256||
|||67,293||61,798|
|Payments|||||
|Repairs & maintenance|18,844||22,622||
|Architect surveys|6,936||0||
|Rates & insurance|6,868||6,195||
|Cleaning, heating & lighting|2,682||2,309||
|Garden maintenance|1,295||3,189||
|Gifts|2,636||819||
|Sundryexpenses|298||365||
|Loan fees|500||500||
|Loan repayments|10,000||10,000||
|||50,059||45,999|
|Surplus (Deficit) forthe year||17,234||15,799|
|Represented by:|||||
|Balance brought forward|||||
|Current Account|57,875||42,076||
|COIF Charities Deposit Fund|30,000||30,000||
|||87,875||72,076|
|Balance carried forward|||||
|Current Account|35,109||57,875||
|COIF Charities Deposit Fund|70,000||30,000||
|||105,109||87,875|
|Increase (Decrease) in Accumulated Funds|||||
|||17,234||15,799|



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## ST. MARY'S CHURCH HOMES AND OTHER CHARITIES 

## STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31ST DECEMBER 2022 

## Freehold property and building known as 

St Mary's Church Homes, Church Gardens, Ealing, London W5 4HL 

Illustrative value at 31 December 2016 (13 1-bedroom flats @ £350,000, 1 2-bedroom flat @ £450,000) 

5,000,000 

## Endowment funds 

(Charity normally only entitled to income) 

|||Number|Value (p)|Value||
|---|---|---|---|---|---|
|||of shares|pershare|£||
|;<br>JWTidy Bequest|Charities Official Investment<br>Fund incomeShares|104.68|1814.93|1,900||
|GledstanesBequest|M&G Charity MultiAsset<br>aidsel|1,404|88.31|1,240||
|Taylor Bequest|M&G Charity MultiAsset<br>incorve Shares|15,972|88.31|14,105||
|Jones Bequest|M&G Charity MultiAsset<br>in<br>>ai|4,332|88.31|3,826||
|;<br>Undesignated|M&G Charity Multi Asset<br>i eaeresOhana|2,932|88.31|2,589||
|Browse Bequest|M&G Charity MultiAsset<br>incomeShares|79,096|88.31|69,850||
||||||93,510|
|Trustee investments||||||
|,<br>RepairFund|M&G Charity Multi Asset<br>Annuwton Sheree|1|10553.09|106||
||||||106|
|Deposit / current accounts||||||
|NatWest Current Account||||35,109||
|COIF Charities Deposit Fund||||70,000||
||||||105,109|
|Total assets|||||5,198,725|
|Liabilities||||||
|Loan from Almshouse Association|||||40,000|
|Totalliabilities|||||40,000|



| report on the accounts of the Trust for the year ended 31st December 2022 which are set out on pages 1 and 2. 

This report to the Trustees is in respect of an independent examination carried out under section 43 of the Charities Act 1993. 

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect, the requirements: 

to keep accounting records in accordance with section 41 of the Act; and 

to prepare accounts which accord with the accounting records, and comply with the accounting requirements of the Act have not been met. sia vy, 

Mr RT Kipling, Honorary Treasurer Mr S Merrill, Independent Examiner 11 Trent Avenue, Ealing, London 30 May 2023 30 May 2023 

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## ST. MARY'S CHURCH HOMES AND OTHER CHARITIES 

RECEIPTS AND PAYMENTS ACCOUNT YEAR ENDED 31ST DECEMBER 2022 

||2022||2021||
|---|---|---|---|---|
||£|£|£|£|
|Receipts|||||
|Contribution from residents|60,700||57,060||
|Income on investments|3,673||3,479||
|Interest on deposit accounts|558||3||
|Electricity generation (solar panels)|2,362||1,256||
|||67,293||61,798|
|Payments|||||
|Repairs & maintenance|18,844||22,622||
|Architect surveys|6,936||0||
|Rates & insurance|6,868||6,195||
|Cleaning, heating & lighting|2,682||2,309||
|Garden maintenance|1,295||3,189||
|Gifts|2,636||819||
|Sundryexpenses|298||365||
|Loan fees|500||500||
|Loan repayments|10,000||10,000||
|||50,059||45,999|
|Surplus (Deficit) forthe year||17,234||15,799|
|Represented by:|||||
|Balance brought forward|||||
|Current Account|57,875||42,076||
|COIF Charities Deposit Fund|30,000||30,000||
|||87,875||72,076|
|Balance carried forward|||||
|Current Account|35,109||57,875||
|COIF Charities Deposit Fund|70,000||30,000||
|||105,109||87,875|
|Increase (Decrease) in Accumulated Funds|||||
|||17,234||15,799|



accounts 2022 

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## ST. MARY'S CHURCH HOMES AND OTHER CHARITIES 

## STATEMENT OF ASSETS AND LIABILITIES YEAR ENDED 31ST DECEMBER 2022 

## Freehold property and building known as 

St Mary's Church Homes, Church Gardens, Ealing, London W5 4HL 

Illustrative value at 31 December 2016 (13 1-bedroom flats @ £350,000, 1 2-bedroom flat @ £450,000) 

5,000,000 

## Endowment funds 

(Charity normally only entitled to income) 

|||Number|Value (p)|Value||
|---|---|---|---|---|---|
|||of shares|pershare|£||
|;<br>JWTidy Bequest|Charities Official Investment<br>Fund incomeShares|104.68|1814.93|1,900||
|GledstanesBequest|M&G Charity MultiAsset<br>aidsel|1,404|88.31|1,240||
|Taylor Bequest|M&G Charity MultiAsset<br>incorve Shares|15,972|88.31|14,105||
|Jones Bequest|M&G Charity MultiAsset<br>in<br>>ai|4,332|88.31|3,826||
|;<br>Undesignated|M&G Charity Multi Asset<br>i eaeresOhana|2,932|88.31|2,589||
|Browse Bequest|M&G Charity MultiAsset<br>incomeShares|79,096|88.31|69,850||
||||||93,510|
|Trustee investments||||||
|,<br>RepairFund|M&G Charity Multi Asset<br>Annuwton Sheree|1|10553.09|106||
||||||106|
|Deposit / current accounts||||||
|NatWest Current Account||||35,109||
|COIF Charities Deposit Fund||||70,000||
||||||105,109|
|Total assets|||||5,198,725|
|Liabilities||||||
|Loan from Almshouse Association|||||40,000|
|Totalliabilities|||||40,000|



| report on the accounts of the Trust for the year ended 31st December 2022 which are set out on pages 1 and 2. 

This report to the Trustees is in respect of an independent examination carried out under section 43 of the Charities Act 1993. 

In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect, the requirements: 

to keep accounting records in accordance with section 41 of the Act; and 

to prepare accounts which accord with the accounting records, and comply with the accounting requirements of the Act have not been met. sia vy, 

Mr RT Kipling, Honorary Treasurer Mr S Merrill, Independent Examiner 11 Trent Avenue, Ealing, London 30 May 2023 30 May 2023 

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