DAMK ALICE LEICHIS ALMSHOUSKS (Ch*rity 215675) ACCOiJ FOR THE YKAR ENDED 31 DECEMBER 2023 TC Grnwp How¢ 2 H1]It00 Temee IAmlWon Sp• CV32 4LY
DAME ALICE LEIGH'S ALMSHOUSLS {Ch•rlty 215675) INDEX TO AccouKrs FOR THE YEAR ENDED 31 DECEMBER 2023 2.7 TrLkStees' Rep)rt io Statcment of FinU1•1 kniviti¢s Bal8n¢¢ Sbttt 12.17 Notes to the Ants
DAME ALICE LEIGH'S ALMSHOUSES (Charity Nik 215675) FOR THE YEAR ENDED 31 DECEMBER 2023 Statss: Dame AIiL% Leigh's A]rnshouses is a Registered Charity (number 215675). Approved and L8tsblisl)ed by Order of the Charity CommissioneTS For England and Wales- Sealed 22 December 1954. Tte¢s. Rev P Bistran ffx-officio) Mrs S Crofts (Representative & Chair) Mrs V J Brooks (CopIatiVc) Rev G Gatward (EX1clO) M A Smith (C(H)Ptative) Q M Compton-BislK)p (Covoptstivc) (app. 9 July 2024) Miss S Huntcr (Cowive) (app. 9 July 2024) R Hancox (R¢pres¢ntstive) (app. 9 April 2024) Ckrk: MJS B Davis 2 Heyville Crofi Kenilworth Warwickshi CV8 2SR Prinelpal AdviseTh: Accountants: TC Group Nelson House 2 Hamilton Terrace Leamington S Warwickshire CV32 4LY BAnkerJ". Th¢ Co-oF¢rative Bank 1181120 Colmore Row Binningham B3 3BA Solicitors.. Alsters Kelley HamIln House 226 Hamillon Teace Leamington Spa CV32 4LY
DAME ALICE LEIGH'S ALMSHOUSES (Ch217ty No. 215675) YNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2013 DesCriPtiOD of the Charityps Trnits The Dame Alirx Lei8h'5 Almsho. in the village of Swnelei8h ID W8nvickshire was originally utablished by deol rrt)11 on I lrfarch 1579 by the will of SIT Thoma5 Lcigh aod his wife Dame Ali¢c 'for the dwelling and habitation of five men and women from the oldest 8nd mo* infirni of the partsh of Ston¢leigh'. Thett are still ien residences in the Original 16 century building but the qualification5 for occupfincy have been amended. The ChArity'$ 8overoiti8 document now requires that almsp¢ople be poor kKrsons of a gwd ¢hara¢ter. On8allY thiDiStered by Iwo ward¢ns of the parish Churc ihe charity is now under the care of eight volunteer TnLYteu and a Cl¢rk. The current Bovernin8 dwumeot 15 a Jchanc of thc Charity Commissioners of 22 D¢cembtt 1954 and a Confirnlation Act of 28 Marth 1956 omcrmkd by schemes of I l January 1972 8] 2 De¢cmbeT 1977. Or¥anbation Stryeturt The ei8bt Tnkstees consist of:. a) Two Ex]¢10 Tnle¢s.. Two l¢)cal VI&8 b) Two Representative TTUStees: Appointed by the Parish Coll11 for a terni of four y¢arn. ¢) Four Co.optstive TnL%eS (Persons residing in the Ancient Parish ofstonelei8h or in the County of WaTwickshitt) Apwinted by a resolution of Ihe Tne¢S for a lern) of five years. There is defined int¢rnal trainiD8 thmc for Tn¢t8. While the Clerk to the Trustees maintsiDS the fuwicial records and deals with s¢cr¢tsTial nwttery on a day to day basi4 the TnLsteN ll1 quartcrly to wosiderpolici¢s for maintrnance and rtpair of the AIms1use4 the welfare of the occupants atMI the moDitOTing of inc4)me and exEendilure. None of the Trustees hold any interest in the pro of the Chatity neith¢r do receive any remuneration or experS.
DAMK ALICE LEIGH?S ALMSHOUSKS (Charity No. 215675) ANNUAL REPORT- Continued FOR THE YEAR ENDED 31 DECEMBER 2023 Ch•rity's Obj¢¢l¥ •nd Appli¢atton o( leonb¢ Th¢ ongoing wovision, maintenaJ)c¢ and TepAiT of the Dame Alice Izi8h's Almshous¢ for poor peT50ns of good chatacter. The TS shall meet the cost of repairs and 411 associated f•JmiiMstratio management and nuioin8 costs fTOm yearly incomc. The Trustees shall pay a yearly sum to the Vic4r of Sts)neleigh for prehIng a seTmoD to the Alms[oPle of the Charity each year. The TnLees may establish a cycli¢al repatr fillMI for the puryKise of ptoviding for those iteTLs of ordinary maintenance and repairs that rffw at infrequcnt int¢rvals. Tr Tne¢S shall establish and maintain an extraoTdinary rcseTre Tepair fund to be used for Ihe extraordinary r¢pair. improvement and rcbuildin8 of Ib¢ Almshowes belon8in8 the Chgrity. Any residual ywly inwDe shall bc used for the Lntfii of th¢ A]mspeopl¢ a3 the Tn¢$ shall think fit and any other Surp1 incomc lor the reiicf in need of persons resident in the area of th¢ A)ent P8Jisb of Sncle18h How our •dlvi¢ie4 deliver publi¢ btnefit The Charity C8nies out a range of tivitieS in pwguw of its clwitsblc aims. The Trustee5 con3ider that the a¢tivities sumjwsed below. pmvid¢ benefit to the knhabi18nts of Stoneleigh and neighbowing reas. A¢tfv5tl¢8 durlng tbe yt•r Durin8 2023 the Charity contin (o a¢commodation foT residents in the an¢i#nl parish of Stonelei8h and whilst ninc ofthe Alm51wu5e propertics rcmaincdfidly cupied throu8bout the year. No 4 AlDLslW¢ w&s vacant from I l May 2023 until the 27 July 2023 when the new resident tiy)k ollPa.
DAME ALICE LEIGH'S ALMSHOUSLS (Cbarity1I0. 215675) AIYNUAL REPORT. Conttnlled FOR THE YEAR ENDED 31 DECEMBER 2023 TTU5tges have ¢ONinued with day.to4ay rq)airs well &8 runedial And modernisation work to the Almshouses. 2023 saw th¢ EederatiOll (painting) of tbe exterior of the main Almshouse building. including paintiog of the window frame. Doots. fla's, gable end& gutter1 and downpipes. and ail W( rnils and external meter IM)x. Brad Steele, a Snema coTrlwted the atmual r¢pairs to the stonework on the Almsknuse outbuildin8s. This ittcltyjed tViT5 and repointing ts) the iYickwoTk and guttering of the outbuildings, a]on8 with the temoval of foliag¢ 8nd mos5 from around both the outbuildings and main Almsh09e buildin8. The tyPiC41 annual r¢pairinclud¢s damage caed from Ixes makw8 hol¢s in th¢ stonework and to the lime The on80in8 i&8ue5 With damp are being closely monitored at propertieg No2 &nd No7. It is now thought Io possibly be rising damp or water retention from the outside. via th¢ sandstones ¥ndlor mortar which is ¢ausing Ibe wai¢r 5n$S to severnl of the propenies, this is bein8 under constsni survei114n¢e by the ClerK Martin Smith (T and Arcbitect) and Brad Steele (Stonem&qon) a1 firther inTKSti8alion will nt)D throughoui th¢ y¢ar. Electrical mainlenancc was canied out a5 and when required. along with ihe annual PAT testing of all Tesident's and charity owned electrical appliances and again for all new residents own pcrsonal applianees shortly aft¢r th¢y moved in. Surg¢ prof¢¢tors w¢re instaued into Ail of the Aornge be8l¢rs and ¢h*rge controllers were rtylaced in most of th¢ Siorage Heaters. Plumbin8 r¢pairs w¢r¢ conductoj &s and when required to the individual properties. mostly for toil repairs. the pEaC¢m¢01 of leakiD8 tsps a3 adjusunents le¥&in8 pipewod£. GttrdeD maititenance has Included rrgular lawD mowin8. bed8¢ trimmin8 and the prLmin8 of s¢verat tre&8, in addition to moss atd weal SPTaying. CotLYnt was 8]50 gTanted for the pnming of the two larg¢ apple trc¢s. A skip was a150 hired to Femovc garden wasle and ulluscd item5 ftom the outbuilditi8S. The Almshouse Tn has continued its SUPV)rt of lo¢ ctwities with donations being made to the fol]OWiD8 charitias * the IxglnDi of the new yeor. January 2023 10: 5"8(Xh Scout Group
DAME ALICE LEIGH'S AIthISHOUSFS (Cbarity No. 215675) ANNUAL REPORT. ConliDaed FOR THE YEAR ENDED 31 DECEMBER 2023 The Trust also made charitable donations to suppxyrt needy people living in ihe Ancient Parish of Stonelei8h through the Covenlry Children's Bct Fund and m&le one oltex- 8ratiA payments to the residents of the Almhouse. They considered fijnding requests from th¢ To8ether for Chry initiativ< but the projects were uLryucc¢ss1 at this time. The Coventry Chlldm'$ Bool Fund iti 1893 with the object of PTovidin8 iwts lo children in kKJverty so that tlw could attend s¢hool. The fimd has seryed Coventry's children through world wars, the depression of the 30's and th¢ ps and do% of th¢ 20th century. Even today. many ¢bildr¢n at*nd school wearing worn out leakin8 Shoes in winter. beU$¢ their pamts cannot afford to replace them. which makes you T13¢ that the Booi Fund is as relevant today as il was over a hundred years ago. Thc Covcntry Children's Boot ttc¢ived a donlOn from the Dam¢ Alice Leigh's clwity of £2.51J) in 2023. Frt of which was used foT UbBinion refugeu. some of whom had come w live within our rn ofthe Ancicnt Parisb of StoD¢lei8h.
DAME ALICE LEIGH'S ALMSHOUSFS (ChArlty 21567¥ AIYNUAL REPORT- CoDtiDued FOR THE YEAR EY4DED 31 DECEMBER 2023 Ruourr¢ CoJt• Resour¢c wsts wcxe as follows: 2923 2022 Housin8 Management Costs 11.545 24,273 22249 8110 11.5(K) 13.360 43.464 21.806 738 23.5Th) S¢rvicc Costs Donations TOTAL £70J67 £102167 Rtskj And Re•erve• The Tnu¢ecs Ixild sufficient reserves to enable the ¢lwity to provide 5uffi¢i¢nt inrne to Cover the necessary costs of the upkeep OD & proFrti¢5 held. The Tnuttts examine the DWjQf risks the Clwity exh financial y¢ar wb¢n prqwing and uplating the strat¢8i¢ plan. The Clwity ha5 develop 5yStems to mOniT andcontrol thex risks to miti8e any ImPACith they may have on the Charity in the tuttwe. Market of Fixed Awts In the opinion of the TTh. the market value of the land and buildtngs 18 in ex¢es8 of the amount 5how4 but thex awts used ia the Alm8hous¢8 business. S¢*t¢mtnl of Trnttes, Raponsibiliths financial 8tsteKnents tn cord$n¢¢ with appIlble law and L'nita Kingdom Accounting StaadaTth (Utilt Kingdom G¢n¢rally Awted Accountiog Pwtic¢).
DAME ALICE LEIGH'S AIthISHOiISLS (Charity 21567S) ANNUAL REPORT. Continued FOR THE YEAR ENDED 31 DECEKBER 2023 The IAW applicable to cb4riti¢s in Englatsd aThl we5 requircs the TTUStees to prq)a fjnancial ststements for each financial year which give a tsue and fair view of the st&le of affairs of the Charity and of the inming resources a1 application ofresources of the charity for that peri(Kl. In pTepar1 these financial s¢a*menffj the Tn¥te¢s arc requir¢d to.. sekct suitsble accountiD8 li¢jeS and then apply them consis. observ¢ the methoth and PTinciplcs in the Chariti¢5 SORP. mAke judgements and estimales th81 alc reasonable and prithit: state wh¢ther applicable accountlD8 Starat&s hav¢ been followtd subje£i to any maleriai deparDJres disclosed 8Th1 explained in ihe financial statements: PTep9re th¢ financial s¢atemcniS on the goin8 conixrn basis unless li is IpProprIAte to presurne thai the Charity will tIOu¢ in operatio The Tnthees are respn5ible for ke¢piD8 proper ac¢ounting rec[d$ that disclose with reA50nable acCuY ai any time th¢ fiD8ncial position of the Charity and enable them to ensure tho1 the fuw)¢ial sthtements Comply with the Charitie5 Act 2011. the Charity {Accounts ReN)rts) Regulations 21Y)8 aDd the provisions of I'nlst Deed. lTh¢y are s0 rc5w)nsible for safeguaTdin8 the &8sets of the Charity he¢ for lakin8 eonble step5 for the prevention and detrdton of frlll other irre8ularities. S Crofv Cb4Sr 3011 Allt 2024
DAME AL]CE LEIGFfs ALMSHOUSFS (Charity No. 215675) INDEPENDENf EXAMIY4ER'S REPORT ON THE ACCOUhTS TO THE TRUSTELS OF ThE DAME ALICE LEIGH'S ALMSHOUSES FOR THE YEAR ENDED 31 DECEMBER 21)23 l T¢Wrt on the accounts of the Chanty for the year efyled 31 Decemkn 2023 1¢ are set oul on pag&s I to 17. Rupective knpomibilitsa ofTrnrteu aDd kn•iDer The Charity's Tntres are responsible for tkn Ixeparntion of the accouDts. Th¢ Charity's Trlee5 consider that an a11 is not rquired for this year (under se¢tion 14412) of the Charities Act 2011) 40d th81 ¥n itid¢Fnd¢ exa[nion is need¢d. li is my respnsibility . examine the accounts under sedion 145 of the 2011 Aci follow th¢ procedur¢s laid dowD in the 8eneral Dire105 given by the Chariry Commission undeT section 145(5Xb) of the 2011 Acl" and state whether particular matters have come to our atrntion. Bagh of Indep¢ndeDt Ex•miD¢r's S¢temen¢ My examinalion was urried oul in accordance with general Directions given by t Charity Commission. An examination includes a review of the accounting recordq kept by th¢ Chlty and 8 u>mporison of the aUnts presen1 with those Trds. li al80 includes wlder100 of Dy unWaI ilems or disclosures in the accounts, and seeking explanations from the TTUStees conccming arly such matters. undertsken do not provide all the evidence that would ir required in an audit. and consequently no opinion is 8iYen as to whether the accounts present a "true and fair view" and the rcprt 1$ limit¢d w thosc tnatters set in the Matcmcot below.
DAME ALICE LEIGlfS ALMSHOUSES (Cbarlty Na. 215675) INDEPENDEIYT EXAMINER'S REPORT ON THE Accourrfrs TO THE TRUSTEES OF THE DAME ALICE LEIGH'S ALMSHOUSES FOR TItE YEAR ENDED 31 DECEMBER 2023 Independent EJmkncr'J Stt¢memt (l) whith give5 us ttasonable ¢ause to believe that I any mateTxal resp¢¢ the to keep accountin8 Te¢oTds in xC0rd with se¢tion 130 of the 2011 Act: and to prepar¢ accounts which xcord with the accountin8 records and comply with the 8¢countin8 requirem¢nts of the 2011 Act hav¢ not m¢L' or (2) to Whic in my Opinio attentiots 5knuid be drnwn iti order to enable a proper John Alatt Dvl¢s On beb•lf of TC Group ejlon Hou8e 2 Hmilton Tern¢e Lemin%ton Sp• WWI¢1Y CV314LY
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DAME ALICE LEIGTrfs ALMSHOUSLS (Charity 215675) NOTES TO THE AccoirNrs FOR THE YEAR ENDED 31 DECEMBER 29LI B*Ji• of Pr¢par•tlob Tr nature of the cbarity's oper•1 piin¢ipal activities ar¢ shown on pages 2 to 7. The chariry constitutes a public benefit entity &8 derw by FRS 102. Thc fitwicial ststements bavc been wepared ID 1rdance with Aco)untin8 and Reportin8 by Charities: StateTDeDt of Remm¢d¢d Practice applicable to clritieS prepariTig their accounts in accordance with the Financial Reporting Standard applicable io the UK Rcpublic of Ircland (FRS 102) ISSU on 16 July 2014 (&s upjated through UFxlate Bulletin I published 00 2 F¢bru8ry 2016), the Fina18] Repx)rtiDg Stsndard applicable in the Ufti Kingdom and Republic of Ir¢land (FRS 102) gmd UK Generally Accepted PticE it applies from l January 2015. Th¢ ¢h8riiy has applied UFth Bulle¢in l as publish on 2 February 2016 and do¢s not include a c&8h flow staml on the 8Tomth that it is applying FRS 102 Scction IA. The financi staiements have Ixen wepsr¢d to give a 'truc and fair. vicw and have departed from the Charitics (Accounts and RepK)rts) Regulations 2008 only to the extellt required io PrOde a 'true and fair view,. This departure bas involved following th¢ A¢untIng aod Rcwning by Chariti¢S'. Ststetnent of R¢comm¢nded Pra¢li¢¢ 8ppli¢able to clJariti¢s PTwin8 their accounts in a¢¢(Jrdan¢¢ with the Financial R¢FK)rtin8 Standard applicable in the UK and Rcpublic of Ireland (FRS 102) issued on 16 July 2014 rather than the Aon(in8 and Rel18 by Chariti¢s: Ststrmenl of Recommended Prnctice effective frorn l ApTiI 2005 which Iw Sin b¢en withdrnwn historical Cost Conventio mcrflified kn IrtIt cuthin item5 at fair value. The financial st&lcmeDts are presented in sterlin8 whicb is the fiu%tional ¢un¢o¢y of th¢ th8rity. The yignificant accounting wltci¢s 8ppli¢d in Ihe preparnlion of these financigj Statnents arc set out below. Thesc w>licies have be¢n wJ)sisi¢nily 4)plied to 12
DAME ALIC£ iIIGifs ALMSHOUSES (Charity 215675) NOTES TO THE ACCOUNTS coDtinued FOR THE YEAR ENDED 31 DECEMBER 2023 AceouDttsg Poll¢le4 Incoming Resour R¢¢ognition of Incoming ReSou¢S Th¢se 8rc included in the Ststem¢nt of Finallci Activitiu (SOFA) whcD'. the Chlty becomc5 entided to the resources. the TnteeS are Vi[tilly ¢ertain they will rettive the r¢sourc¢s; and thc monctary Trfalu¢ w b¢ Measu with sufficient ttliability 2.2 Grants ar Donations Grants and dOtiOnS •Te only included in the SOFA kn the Charity has unconditional entidement to the resour¢es. Volunteer Help The value of any voluntsry help receiva4 is not included in the Unts but is described in th¢ T1¢¢5. annual TeFKIrt. 2.4 Inv¢slm¢nt IrKom¢ This is iticluded in the accounts vAn rtteivabl Investsnent Gains and $8¢$ This includes any 8ain or loss on the sai¢ of investm¢nts aLMI any gain or1085 rultin8 frnm revaluiD8 investhmts io market value at tbe end of tbc ycpx. Expendir¢ ••d Liabiliti Liability RegnItion Ltabilities are recognised &8 ¥wn &s there is a legal or c4)nstsuaive obligation ¢omrnitting the Clwity ¢0 pay out TCSOU 2.7 SeThice Costs IludeS costs of thc Pr4iDn and mInation of statutory a¢¢ount& the Costs of Tnwtt meetings 3nd the of any legal advice to Tntstees oll governance or cottstitutional matte Grdnts Payabl¢ ThC are only recogtiised in the llts when a x)mmikncnt has kn JDad¢ and there Br¢ no conditions to IK met relatin8 kn the grant whTch r¢main in the control of the Clwity. 13
DAME AIACK LEIGR'S ALMSHOUSLS (Charity No. 215675) NOTLS TO THE ACCOUNTS eoDtinu FOR YEAR ENDED 31 DECEMBER 2023 2.9 Tangible Fixed Assets for by Clwity are ¢8pitalised if they can be for more than two years, and cost 8t least £500. They are valu¢d at cosi OT. if the y¢ lo the Chariry on receipt. 2.1 O Investments Investments qwt¢d oa a recoYlls stock cxchaD8e are vduul at market valu¢ at th¢ year end Other investment &8*ts Ire Incl at Tnces, b¢st cstimate of market value. Int¢r¢Jt Re¢elvAbk and Other IDcomt 21n3 2(JZ2 Surplw on Ordlnary Aeilvhlel 2023 2022 This is stated aft¢r chJr8hng: for rewrting on the a¢eounts Staff Colts The clerk was r¢mwwzi¢d (ilKIing aCCn amowits) £10.322 (2022- £10,728) duritig the ye&. Gratsts ¢0 Insththelotti th]ring the year donations were made io ILK81 clwiti¢S £11500 (2022 - £23.5(XI). 14
DAME ALICE IIGH's AIJISHOUSLS (Cbarlty No. 215675) NOTES TO THE AccouNfs contlttued FOR THE YL4R ENDED 31 DECEMBER 21)23 Fixed A8ts- Ho¥x LDd Dd Buildin Cwt At l January and 31 Dffcmbcr 2023 At l January and 31 Dec¢mbcr 2023 i. Other Suhidi At l January and 31 De¢¢mb¢r 21y23 N¢t Book Ai 31 Dmber 2023 At 31 Dcccmber 21Y22 Th¢ AJmshowe8 ha8 10 wilts ID managco)¢nt (2IY22 .. 10 wilts) lkne Social HousiDg Qrant bem repAyable on the sale of proFrties unlu8 Prior approval is obtained from Tr Housing CorFx)ratio Deblon 2023 2022 A¢¢nd IrKOn (duc within on¢ year) 3.465 2023 Carryin8 market valuc at kgu>ning of y 1,696.784 1,689.508 Additions Diswa15 dd gains on rnaluation 21.0(K) (25.(rt)o) 11.276 105J92 15
DAME ALICE LEIGH'S ALMSHOUSFS (Cbarlty No. 215675) NOTES TO THE Accouf(Ts tontinued FOR THE YEAR ENDED 31 DECEMBER 1023 An•tyJis of inv¢stw¢Dts 2022 Nthtonal ACiatiOn of Almshowes Common Investhlent Fwids.. 16.088 ae¢umulation shar¢s (2022 ". 16.079) Slwes ar¢ va]wd at markct value. The shares ate all redeenbI¢ within one Due to lack of inforrnation it is imwxtil to establish the original cojl of the illvestnnts in the National ASl10n of Aimshouyes Common Invcstmcnt Fund& The Almsknuscs have rent arrears (2022 .' Nil). 10. Creditors •Dd knowits fll due wlth othe ymr 2023 2022 A¢¢nffjls ii. Fundi Unre4tsl¢l¢d Fuodj For the provision of Almshouses foT PWT peTsons of go character and for tbc relief in ne¢d of pelsons resident in the area of the ancient wish of Stonelei8h. Also for the Beneral day to day upkeep and rryMir8 of the Almshouses. Rcstrlctfd Fund• Extr•ordimry Rep•in: For th¢ extrwrdinary repair. improvenknl aDd rebuilditi8 of 1¥on-tra01In4ry Rep•in: For the repairs of th¢ Almshouses iJL8ufficient. 16
DAME ALICE LKICIVS ALMSHOUSLS (Charity No. 215675) NOTES TO THE ACCOiINTS conlltstyed FOR THE YEAR END£D 31 DECEMBER 2023 12. R¢n Syrplu8 Fund The ChTity btss made calculetions io ¢ordan with the Rent Surplus Fund Deterniination 1989 and established that at 31 Dcccth 2023 no liability 13. Taxation The tlmshouses baving bc¢n re8iSteted uth chfiritable rul¢4 hAV¢ no liability to CoryKJf8tion Tax. Ultimate controlli PArty The Charity's ultimkn controllin8 Iwty is thc Board of Trgle£s. 15. Trns¢ee8 Expen athd Remuntrjtlon 17