## WARRANT ## WILLENHALL AREA RELIEF REHABILITATION AND NURSING TRUST ACCOUNTS FOR THE YEAR TO 30TH JUNE 2022 CHARITY COMMISSION NUMBER 216097 **WARRANT** WILLENHALL AREA RELIEF REHABILITATION AND NURSING TRUST TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 30 JUNE 2022 ## OBJECTIVES AND ACTIVITIES - (1) To maintain the homes belonging to the Charity and use them as almshouses for accommodation of residents in conformity with the Trust Scheme. - (2) To apply surplus income for relief in sickness of needy persons resident in the area designated by the Trust. ## ACHIEVEMENTS AND PERFORMANCE The charity has suceeded in generating income from its investments to benefit those in need in the area. Following a review of the suitability of the investments the Unit Trust was re-invested in a more suitable portfolio. ## FINANCIAL REVIEW During the year the Trust has maintained its properties to a high standard and has made donations of £51,012 in the furtherance of the relief of sickness At 30 June 2022 the investments had a cost value of £1,760,000 and a market value of £1,699.444 while the property had a cost value of £48,583 and an insurable value of £1,883,142 ## STRUCTURE, GOVERNANCE AND MANAGEMENT The Trustees during the year were as follows:Mrs A Wrighton (Honarary President) A R Haywood (Chairman) Mrs M R Myatt (President) Mrs D K Cowburn Mrs R Tarbuck B Thorndyke S G Stuart Mrs C. Burley Mrs C. Webster The Trustees are elected for a term of five years and thereafter are eligible for re-election. The Charity was established by Trust Deed dated 10th December 1964 and is registered with the Charity Commission Number 216097. The Charity's address is 56 Lochalsh Grove, Willenhall, West Midlands WV12 5FA ## BANKERS HSBC Bank Plc Wolverhampton WV1 1TE ## INDEPENDENT EXAMINER. Worley Pritchard & Co 34 Hydes Road, Wednesbury, West Midlands WS10 9SY ## DECLARATIONS The trustees declare that they have approved the trustees' report above> Signed on behalf of the charity's trustees **J.Ball (Secretary to the Trust) …......................... Date....................................** **1** ## **WARRANT** ## **Independent examiner's report on the accounts** I report to the trustees of WARRANT, Willenhall Area Relief Rehabilitation and Nursing Trust (Charity No216097) on the accounts for the year ended 30th June 2022 set out on pages 3-5. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - **.** Examine the accounts under section 145 of the Charities Act. - **.** To follow the proceedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) on the Charities Act, and - **.** To state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention - 1 which gives me reasonable cause to believe that in, any material respect, the requirements: - **.** to keep accounting records in accordance with section 130 of the Charities Act; and - **.** to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or - 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Date : 30th September 2022 Worley Pritchard & Co Accountants 34 Hydes Road Wednesbury West Midlands WS10 9SY page 2 ## **WARRANT** ## **WILLENHALL AREA RELIEF REHABILITATION AND NURSING TRUST** ## **RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 30TH JUNE 2022** |**RECEIPTS**
Income from Bungalows
Income from Investments
**PAYMENTS**
Buildings Insurance
Administration Costs
Maintenance of Bungalows
**NET INCOME**
CHARITABLE DONATIONS
**SURPLUS/(DEFICIT) FOR THE YEAR**
ASSET & INVESTMENT SALES
ASSET & INVESTMENT PURCHASES
**NET OF RECEIPTS AND PAYMENTS**
CASH FUNDS LAST YEAR
CASH FUNDS THIS YEAR|2022
Unrestricted
Funds
£
9,590
70,000
79,590
1,709
13,645
16,097
31,451
48,139
51,013
-2,874
1,852,480
1,760,000
89,606
57,563
147,169|2021
Unrestricted
Funds
£
9,995
70,000
79,995
1,411
12,341
25,351
39,103
40,892
47,168
-6,276
0
0
-6,276
63,839
57,563| |---|---|---| 3 ## **WARRANT** ## **WILLENHALL AREA RELIEF REHABILITATION AND NURSING TRUST** ## **STATEMENT OF ASSETS AND LIBILITIES AT 30TH JUNE 2022** ||2022|2020| |---|---|---| ||Unrestricted|Unrestricted| ||Funds|Funds| ||£|£| |**CASH FUNDS HELD**|147,169|57,563| |**OTHER MONETARY ASSETS**||| |Debtors|108|163| |**INVESTMENT ASSETS AT COST**||| |Bungalows|48,583|48,583| |Unit Trust|1,760,000|699,775| |**LIABILITIES**||| |Creditors|647|80| |APPROVED BY THE TRUSTEES||| 4 ## **WARRANT** ## **WILLENHALL AREA RELIEF REHABILITATION AND NURSING TRUST** ## **NOTES TO THE ACCOUNTS 30TH JUNE 2022** 1 SCHEDULE OF FREEHOLD BUNGALOWS AS AT 30 JUNE 2022 |30 and 32 Beech Road Willenhall
29 and 31 Coleridge Close Willenhall
56 and 57 Heath Road Willenhall
7 and 9 Sherlock Close Willenhall|10,984
8,170
13,489
15,940| |---|---| ||48,583| The Freehold title of the above properties is vested in the Official Custodian for charities. The above eight bungalows are insured against fire, theft and accidental damage with RSA insurance for a total cover amounting to £1,883,142 ## 2 PAYMENTS TO TRUSTEES The following payments were made to Trustees during the year: |A R Haywood|£361|Maintenance of Bungalows| |---|---|---| |A R Haywood|£6,313|Administration| 5