2024-12-31-accounts

Mrs de Lannoy and Haven Homes Almshouse Charity arlty Registration number. 214805 Crowborough Almshouses Charity Mrs de Lannoy • Haven Homes • Swift House Mrs de Lannoy and Haven Homes Almshouse Charity Trustees. Report and Flnancial Statements For the year ended 31 December 2024

Mrs de Lannoy and Haven Homes Almshouse Charity Reference and Administrative Detalls Chartty Name Mrs de Lanr¥)y and Haven Homes Almshwse Charity Charity registratbjn numiEr 214805 Principal office Trinity Hall Mill Crescent Crowborou8h East Sussex TN6 2QU Trustees Mr R D Baiky, Chair Mrs J Begbie {ap[￿intell 29 February 2024) Mrs R Clark Mr R Cole, Treasurer {appJlntsJ 28 JurE 2023, reslgn&J a5 Trustee 9 April 2024 to clerk) Mrs G C*an (reslgned 22 January 2025) Mrs J Gcthe, WI￿ Chalr Mr R Livett Mrs S McKenzie Mr N Piper {app)inbJ 17 April 2024) Mr M J ILiddenbury, Treasurer (￿Ignal 22 Marth 2023 and left In March 2024) Mr J Stevens (appKArted 22 January 2025) Mr A Yc4Jlton (ap￿Inted 5 June 2024) ProFerty manager Mr J Etherfdge Se¢Jetsry Mrs G Morrts Bankers Bardays 8ank PLC 73- 75 Calvedey Road Tunbridge Wells Kent TNI 2UZ Independent Examir Redshiekl Business ￿￿th)n5 Ltd Suite 3, 1- 3 Warren Court Park Road Crowix)rough East Sussex TN6 2QX

Mrs de Lannoy and Haven Homes Almshouse Charity Trustees. Report for the year ended 31 December 2024 The Trustees present rewrt aThJ fina￿la1 StateM￿ts for the year erKled 31 D￿erntEr 2024. Objects and Actlvltles The obiKts of the Charity are the r￿￿f of FK)verty by the provision of housing accommodatKJn for pwple over the age of flfty and In flnandal nd, such tharitable actNities as the Trustee5 dedde for the Lnefft of the rtridents. The Trustees have regard to the Charfty Ccffnmiss￿'s general guidan￿ on public benefit and confirm that they have complth with such guidarce In secttsn 4 of the Charitres Att 2011 publlshed by the Charity Commlssion for England and Waks. 1SOih Annlversary Celebrntlons Mrs de Lannoy started her philanthrop￿ almshouse undertaknng in 1874 and, 150 years later, the Trust￿ a￿ pleased to be able to report that the CF¥arfty Is in satisfactory operat￿nal and financlal condition, ar#J Ss k))￿ng to expand Its xtivltÈs when appmprlate opwrtunity arises. Thls worthy venture by Mrs de Lanrv)y was duly ￿let￿ated on 14 June 2024, w5th an upllfting church Servi￿ foll¢)wed by aftemcon tea, all of whth was wonderfully sup[￿rted by resKlents, Almshouse Association representstives and a gc£d numtEr of other dlgnitsries and guests. The Trustees thank the many volunteers, friends and asscoates of the Charity, made thls such a meTh)rable event. Resldents All ￿dents have been In-sltu through(xrt the year and contlnue to benefft from the accommcéatlon that the Charity is able to provide. Property MalntenanL and IMproveM￿ts Durlng the year, rna1ntenan￿ has Lwb carrEd out at the pro[￿ In order to malntaln a satlsfactory stsndard of upk￿p for the tenefft of the ￿idents. ThroLh3hout all the properties the gas bollers have en regularly serviced and gas checks carr￿d and 5 year electrical suryeys G3rried out where reqylrgj. Wlth the advent of the Charlvs 150th AnnNersary, the Trusttts renewed trE glazlng and carried out slgnificant ￿n0vatIon of the veranda at de LanTh)y cottage5, which is well used by the ￿SIdentS. At Haven Homes, a further tothrcom upgr&le was undertaken to resofve a water pressure issue. At Swift House, the signlficant improVem￿ts made In 2023 have meant that no significant expenditure was required during the year. All the gardens have teen wdl maintained and enjoyed by our resldents. A significant Clearan￿ was undertaken at de Lannoy cowes, invcdviTrJ tree arKI shrub cut-backs whith have opened up the garden ni￿ly. The Trustees, approach will continue to te plann&Y, preventathe MaIntenan￿ work for 2025, including some works carried fO￿ard from 2024 which We￿ delayed by weather. In ajdition, Sorr￿ further upgrade work will be Consider￿ to ensure that our residents C￿ttInUe to enjoy the be￿ts of their indekndent living.

Mrs de Lannoy and Haven Homes Almshouse Charity Trustees. Report for the year ended 31 December 2024 (cont) Flnance The Rerelpts and Payments accourt is atta￿1 to this repjrt for the year ended 31 Decemter 2024. The year ylelded approxlmately £29,000 in surplus Inccrfne over ex￿ndIture. In addition, and in accordan￿ with the Trustees, decision tsken at the end of 2023 to simplify Charlty's Investment lio, the investment assets hekl with M&G and COIF were sold In February 2024 and the proceeds of approximatety £352,000 were re-lnvestefl Sn the COIF Ctharities DepM)sit Fund at a market rate of Interest. For liquldlty pur[￿, all cash is held in immediate access accounts. The 2024 result was viev￿1 as a satisfactory outcome ty the TnJstee5 a￿1 enables the Tharity to consider undertaking some upgradlng of the propertks duriro 2025. In addition, the cash surplus generated during the year has enabkd the Trust￿ to charge all expenses to the general fund and thus not using the reserves as noted below. Flnancial assets held by the Charlty as at 31 December 2024 were as follows: InsbtubonaldeAisltaLrount COIF Charltfes Detrfjslt Fund 432,978 Bank accounts Barclays Current accourt Barclays DeFM)slt account 10,232 10,229 Total 453,439 The cash deposits are held to provkye interest Income for the oroolng 0￿ra￿On of the Charfty's proFertles, and as cash reserves for toth cydical rna1ntenan￿ requirements and extraordinary or unforeseen material exFendlture. DurirKJ 2024, the Charity's cash has all been categjrlsed as available for expenses arising. Within thls available reserve and for budget and man4ement purposes, the Trustees have allccated cash resour￿ to a General ReseNe (GR) category for day-to-day costs, to a Cyclical maintenan￿ ReseNe (CMR) category for regular and periodK rna1ntenan￿ costs of the properties, and to an Extraordinary Repairs ReseNe (ERR) category fv any major, unforewn expenditu￿ required. These alkxatK)ns of cash resour￿ are rell￿d by the Trustee5 annualty. The 2024 financial year outcome has alh)wed the Trustees to retaln the CMR and ERR at the same level as at the stsrt of the year, with the GR also Increased from £50,WO to £75,000. On this basis, for management purp05e5 only, as at 31 De￿rn￿ 2024, the fdlwng an￿￿nts are allcoted to these reserve categories, which represent prudent asseSsm￿ts of the fvnding that would k required to maintain the prorerties and the accommc#Jation fw the ￿Kdents in reasor￿b1e worst case scenarv)s and to protect the Charity fr(m financial distress: GR £75,000 CMR £75,000 ERR £200,0 As at 31 tk¢em￿r 2024, the bala￿e of the Charitfs furKls is held as general cash resour￿.

Mrs de Lannoy and Haven Homes Almshouse Charity Trustees. Report for the year ended 31 December 2024 (cont) Structure, Governance and Management Governing document and constitution The Charity 5s currently govemed by a Scheme do￿￿ent approved by the Charity Commisslon on 26 June 2017. Trustees and Commlttee Members The Scheme provides for 8 nominated Trust￿ and 2 ex officio Tn￿ being the vTrcars of St John the Evangelist, CrowtMJrough, arvj Ail Saints, Cr￿￿￿)rowh who have de￿at￿￿ their re5txsibilitses. As at the date of thls report, t￿￿e are 7 nomlnated Trustees apFointed under the Scheme and 2 delegates of the ex-offickj Trustees. One further ￿¥￿inated Tru5tee15 belng sought. In order to asslst wlth the admlnistrauon of the ljwrity aNI the intended charse of Str￿t￿re to a ao, the Trustees appJinteJJ a derk in April 2024. Meetlngs In accordan￿ with the heme, fvll of tre Trust￿ (unkn stated otherwise) have been held on: 24 January 2024 20 March 2024 (Stsndlng C(xnmltt&) 17 April 2024 5 June 2024 17 July 2024 17 September 2024 {StsndlrYJ CommItt￿) 16 October 2024 10 De￿mber 2024 {StsndirvJ Committee) Thls rewrt was approv&J by the ￿rd of Trustees on 30 April 2025 Robert D Bailey, chalm￿Tr

-JIEDSHIELD CIIAR TER YII A CCOUIIT AJIYS Charity 214805 Independent Examinerfs Report to the Trustees of Mrs de Lannoy and Haven Homes Almshouse Charlty I rewrt to theTntstees on my examlnatton of the accounts of Mrs de LanTr)y and Haven Homes Al￿ShOU5e Charity (the Trust) for the year ended 31 December 2024, whKh are set out on pages 6 to 8. Responslbllltles and ba$1$ of report As the Charlty Trustees of the Trust you are respor&ble for tre preParat￿n of the accounts In accordan￿ wlth the requirements of the Charities Act 2011￿ ACY). I reFQrt in respect of my examirotion of the Trustees. accounts canled out under section 145 of the 2011 Act and In carrySNJ out my examlnation I have folloKryl all the applkable DIrect￿S glven by the Ctharlty Commlsslon under section 145{5)(b) of the Act. Independent examlnerfs statement I have ccmpleted my examlnath)n. I confirni no materfal matters have come to my attent6on In connectlon with the examinatlon giving me Giuse to tellele that In any materfal res￿. (l) accountlng records were not kept In ￿cOrdar￿ with section 130 of the Act; or (2) the accounts do not accord with tl¥)se record5. I have no COn￿rn5 and have across no other matters In COn￿tIon with the eXaMinat￿n to which attention should ￿ drawn In thls report In order to enab￿ a pr￿r undersLandiNJ of the accounts to be reached. Jenry Dinnage FCA Chartered Accountant ICAEW Suite 3, 1- 3 WaThen Court Park Road Crowborough East Sussej TN6 2QX Date- gw2Lwr

Mrs de Lannoy and Haven Homes Almshouse Charity Receipts and Payments Account for the year ended 31 December 2024 Unrestricted Restrirted Endowment Total funds fvnds funds fund5 Last year Contributions from ￿Sidents Bank interest re￿fved Dtvidends & interest on irNe5tments Dwidends on investments reinvest8J Contnbutions to Tnjstees. dinrer Residenvs loan re ments Sub total Asset and investment sales Sale of investments 159 159 571 571 570 135 rotalrncelpts 445 74 445 74 Pa ments SuNeyor Sutveyor- quinquennral Repairs & dec¢xaty'ng Veranda glazing & wirKlow replacement Bathroom upgrade Water charge5 Councll tsx Propety Insurance Equipment servicing Maintenance of Carellne system Equipment purchases Repairs and malntenan Major repairs Garden maintenance Ga5 & electricity Subscnptions Sundry expenses Gifts to residents & volunteers Gift5 to Trustees Cost of Trustee rr￿etingS Trustees, dinner Almshouse AsscKlatr"on ￿mInalS Web51te & Th support 15(yh Anniversary events Charity incorporation expenses Charity derk and office costs Trustee liabilty Insuran Independent Examir*rfs fee Sub total 821 821 431 201 435 711 505 15 150 727 285 936 201 435 711 $05 15 150 T27 285 936 270 427 530 329 135 180 690 559 246 728 728 660 660

Mrs de Lannoy and Haven Homes Almshouse Charity Receipts and Payments Account for the year ended 31 December 2024 {¢ont) Unrestiirted Restri¢￿ Endowment Total funds funds funds Last year Asset and Investment urrhases Purchase of investments Reinvested dwidends Sub total Trtalpaynwnts Net Ofrac￿Pts/payrnenes Transfers between funds Cash funds last year end Cash funds th￿YeJrend 453 453 439 Notwith5tsnding the exttnditure notsd atove as relating to cycltsl rnaintenan￿ and extraordlnary repalrs, In vlew of the net Income surplus arising during the year, the Trustees have n¢X charged ￿ expenses to the allocated reserves and conslder It approprlate to alkxate these exFenses to the general exF*nses. AccordirwJly, the reserves as at 31 Ckcember 2024 remaln unchanged from the balar￿e5 as at 31 December 2023 eX￿pt for the Incmse in the General Reserve as noted abjve.

Mrs de Lannoy and Haven Homes AlmslK•use Chaiity Statement of Assets and Liabilities at 31 December 2024 funds funds Cash funds Barcki srt ￿CC￿jnt COIF tharthes De rf( Fund Totalcash funds 453 In aCCordar￿ the Trusteg declsh)n tsken at the end of 2023 to simplfy the Charlty's investment wrtfolb), the investsr*nt a55ets held at 31 Decemter 2023 were sold in February 2024 and the rKoceeds rtrlnvest8J in the COIF awdtles Depos￿ Fund at a market rate of inter Fund to whkh Markot valu• Assets retslned for the Charity's own u Eight de Lanrrf)y Ccttsges wop2rties, 1320 000 730 000 Foul Swift Hojse properYe5, 730 000 3 620 000 Trtal Fund to whlth Amount due When due Llabllltle8 dent eyamlnerfs f Unre#xicted 720 < 12 months There are no guarantees gNen or debts outstrndlng whlch a￿ secured by any charge on assets of the Charty. Trust￿ aThJ rebted par￿e$ a￿ relmbursed for expenses tlw Incur for purchases that they make CK) behaff of the Charity or seryices they provide to the Chaiity. DuriThJ the year, nine Trust&s arKJ rekited parties were relmbursed a total of £3,447 for pjpenditure IrKurred on tehaw of the Charlty. Contrlbutsons to the Trustees, dinner were all reTrved from the TnJSt￿s. Slgned on behalf ol the Trustees: Mr Robert Bailey 30 April 2025 Mrs Judith GocKle 30 April 2025