BERWICK ALMSHOLSES CHARITY TRUSTEES ANNUAL IiEPORT FOR THE YEAR EliDINC 30 JUNE 2025 RMATION l. Nam¢ The BeTh&ick Almshouses Charity 2. CFLari Nu]nber 214070A13 3. Princi Clo New WllLdsor House, Oxon Business Park, Shrewsbury SY5 9HJ 4. Chari 's Governin Documen . Trust Deed dated 1968 5. TDJst ear who ed durin T M Evans David Vasrner Cl]r Pam Moseley Kevin Pardy Garry Burchett K&8sidy Angell-James Chairn]an Mayor of SIvewsbury STC Nominated STC Nominated Shmpshire CC Co-opted 6. Officern and A ents a) Clerk and land agent: Alex Jackso Balfours LLP New Windsor House Oxon Business ParL Shrewsbury SY3 5HJ b) Bankers: Lloyds Sbrewsbury c) Independent Examtner of the Accounts: TCA Accountants: 21 St Mary's Street (third floor) Shrewsbwy SYI IED Atms AND ORGANISATION The object of the Charity is lo provide accommodalion for people of modest means from the Parish of St Mary, Sbrewsbury OT from a wider area rfno local applications are received. The Charity is controlled by aBoard ofTrustees who meets once or twice a year. The Trustees have a Clerk and employ a Land Agent and Surveyor wbo charges for bis servic¢s. His otyice keeps th¢ books of th¢ Charity and th¢ accounts are ind¢pendently ¢x"amin¢d by a firm of Chartered Acwuntants. There is one paid employee of the Charity the warden for the Almshouses who oc¢upi¢s one of th¢ hous¢s known as the Pricst Howe. of Charitable Activities undertaken durin the Year All of the Almshouses hav¢ been oc¢upi¢d during the p&st year. Th¢ Sbrewsbury Town Council has the llght of nomination for some of the vacancies following a substantial grant towards the modernisation of the AInOU8. (A list of residents is attached at Appcndix A)
REVIEW OF FINA CIAL ACTtVITIBS AND Most of the Almshouses have been o¢cupied throughout the year resulting in Charity inwm¢ of £57,127.58 frotn maintenance charges. In additio £2,310.50 was received from residents for services. Bank int¢T¢St and dividends amounted to £1,313.26. The TnteeS have made a contribution of £2,520.00 to an #xtraordinary repair fimd which is shown in the accounts at the original investment cost of £71,130,00. The total The cunent value held in the M & G Investment Account is £224,032.02, The Trustees carry Dut nonllal routine nuintenallce eaclL year. with the refiwbishment and redecoration of a prowrtion of the tlats. This year we have invested in two new shower rooms and updating the Sayphone Systems. Cash reserves as at 30 June 2025 amounted to £35,807.51 Running exp¢nses for the Charity for the v¢ar have been £50,165.56 for n]ntenance and £46,466.50 for overheads. The ¢l]arity has a policy on reserves. It sets aside b¢tween 7.50/0 and IO% of its gross incotne for an Extraordinary Repairs Fund (ERF) which is invested with NAACIF. In addition it aims to hold cash amounting about haIf a vear's income to allow for ernerg¢n¢y repairs or for a sudden reduction in income thie to unexpe¢t¢d vacancies. After that the charity will build up a fund for a special project to improve the wel£e of residents of the Almshouses. As this is a List¢d Building there is a need to keep a good ¢urr¢nt balance for routine repairs And a substantial and incrcasing value in th¢ ERF for major structural pairS? renewal of services and overall refurbisllln¢nt. Th¢ annual account for the Charity is attached at Appendix B, On behalf of the Trustees
TRUSTEES OF BERWICK ALMSHOUSES CHARITY CHARITY REFERENCE NUMBER 214070. STATEMENT OF AccouKrs FOR THE YEAR 1st JULY 2024 TO 30th JUNE 2025 Declarat on The accounts sel out for this financkql year. and ihe Slalemenl of Assets arKt 8b[ImIets, are as approved by the Trustees. SIGNED - Trustee authsf¥ed sun on behall of au Ttustees DATE - BALFOURS 1-2 KING STREEr LUDLOW SHROPSHIRE SY8 1AQ
Trustees of The Benvick Almshouses Balance Sheot Frorn- 181 July J124 To- 30th JLJne 2025 202312024 FSXED AsSs Ft¢ehold Property Property Improvements N8w Equipm&Dt Plant & Machinery 630.500.00 61,SS5.01 630.500.CQ 56,661.e2 5.2QO.00 22,449.53 714,811.15 719.704.54 cURREAsSETs Lloyd8 TSB- T¥8asurer5 (rUnt Debtors Control Nationwidè Puildlng knetyArtThJnl PeLty Ch NAACIF- ERF Inv&stm8nt- at Ist £ 35,807.51 7LN).03 £ 53,369.65 709. £ 44,958.09 V2.46 £ 71.130.(N) £ 107,7LIO.00 £ 6B.810_Ift £ 167.701.81 CURRENT LIABJLITIES Cr8ditors Control £ 22.584.16 £ 22.$8&16 3,356.46 Current A53ets1os¥ Current Liabiliti95 104A43.54 145.117.65 824 048.08 B59,928.80 FUNDS HELD- UNRESTRICTED Capital Account Capit81 Account rnovent kne year Revenue AoUnt Rev8nu& Account mvement In lh8 y 708,459.13 2,520.00 148.949.67 35.880.72 705,939.13 2,520.OD 150,593.53 8T6.14 824.048.08 85Y 926.80
Trustees of The Berwick Almshouses Revenue A¢ul)ts From - 1st July 2024 To- 30th June 2025 202412025 Unrestri¢ted 2023 12024 Unrostrlctgd INCOME Maintenance Contributions Washing Machine Tumble Dryer Guest Room Hlr8 TV cenCe Contribubon Bank and BLsilding Society Interest oth8r Income £ 57.127.58 1.051.00 I,(M)2.00 220.00 37.50 1.313.26 57,924.00 1,003.00 989. 155.00 52.50 1,529.42 60.751.34 61.652.92 MANTENANCE F5at Repairs and Maintenance General Maintenanc@ Misc Garden Maintenan £ 49,329.19 526.48 309.89 £ 23,511.94 613.43 344.29 50,16&56 24,469.66 10.58&T8 37.183.26 OVERHEADS Electricity Sewage maintenance Insurance Water Council Tax TV Licencing Warden's Wages Managem9nt Fees ar C09ts Profossional Fe&s and Costs Subscriptions Adv?rtising Miscellaneous Grants lo Residents 3.720.26 484.60 3.128.08 1.246.47 1.787.14 1,348.60 3,028.60 133.48 45.00 £ 13.546.59 7,792.31 13.921.89 475.00 52.50 £ 13.666.63 7,533.95 2.643.88 407.00 1.736.80 369.50 3.185.34 46.466.50 33.787.12 REVENUE DeficitlSurplu8 35.880.72 3,396.14 CAPITAL TRANSACTIONS + Sale of Balay$ Shares NAACIF - ERF Investment . Sewage Tr8almenl Project - Almshous@ Association- loan repayTnent - Workshop Shed 2.520.00 2,520.00 2,520.00 2,520.00 EXCESS DBficiUSurplus 38,400.72 876.14
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examlnerfs report Dn the acco.unts Sèction A Independent Examiner's Report Reportlothè tr4teesl ., 6£kle ILMIICIEes CIIOPII TY On a¢couiJts f•r the year ended ChaTlty no lrfany) ttufvje 2025 21L¥070 Slt out on pages I report lo Ihe trvSts on my examinallon of tli8 ac4wtr of lh& ab¢J¥¢ rty ftho Trufjor the year pnded &) /bl 2025 pon8lbllki?¥ and As th8 charitytrLwkn of tho T, you 8Tr'responsib]e lorthe pr6p8ration basls of roport olthe auThts a¢Mrde wrth the rlrements of Ihe Ctharits&s Act 2011 fthe A¢n. I réport In re3peL% my eMIaon of the TrJJst's acBiauTrts carried out under section 445 of the 2011 ACE and in o(rt my gxaminetion, I li2V8 followed thé aPF1Cab1e Trreoikns glywn by lh¢ GharAy Conimissiun undpr section f45{5)(b) ol the ACL I have GompIEted my examin8tion_ l ¢0nfjnt1t AO matedal mattèrs have rne to my attention ¢ ") In conThFctkJn VA the examin¥tiort wlHth glves me to believe that 111, any nfkrlpl lfidependent frxamlngr's statethant a¢crxffttl rncord8 vlerg not kept h accordantM¥Aifft sedioft 130 of the Act or + tr 8COWDtSthi hol Èc¢ortt with tho aÈ¢Ourrfing r¢corrts" I Ive r concems and h8¥e ctsm&. ai¥oss no other mattths In"aunnertion with th[ exaffinalion to whldy attontton Bhoulo kÈ drawn in ordetlo proper undprstanding the ac¢ounlB tD b6 réac. * delete I1 words in tho bi*ots Kthey ••?iYt apply. me". c moeLW IL Rgl¥¥ant profosslonal quallflGallorfz} or body {Sf any)" Address: eMI56u IER October 2018
Section B" Disclosure Qnty Gomplet*ff Ihe examlnef needs to hhlJhÉ matters ol rnrn (sea CC31 Independent exaFrthatK)n ef th&7ty ac&3unts: 8rffl quldane61 aive hète brlgf detai Of any Item$ th?t the aminer¥Ail8hes to Isclose. IER October 2018