## **CHARITY No. 216140** 

## THE STAMFORD MUNICIPAL ALMSHOUSE CHARITIES CHAIRMAN’S ANNUAL REPORT 2023 

1. This report describes the activities and achievements of the Board of Trustees of the Stamford Municipal Almshouse Charities (Charity No. 216140, established by a Charity Commission Charter dated 22nd October 1964), for the year ending 31[st] December 2022. The Trust’s charitable objective is unchanged, namely to provide accommodation on a needs basis to residents of the Stamford area requiring help. 

## **Trustees** 

2. Councillor Andrew Croft was elected Chair in December 2021 and continues in the role. 

3. The Board of Trustees met 4 times during the year, namely in March, June, September and December. The Charity continues to seek to add to the Trustees’ number, with people bringing specific skills for the future operation of Stamford Municipal Almshouse Charities. 

## **Residents** 

4. The Chair and Clerk have visited the residents twice yearly to continue a face to face approach and maintain regular contact. The Clerk remains the first point of call for any issues or emergencies. 

All the Charity's Almshouses were occupied at the end of the 2022, except for the one unit at Fryers’ Callis which is unhabitable at present. 

5. Hopkins Hospital, following the complete restructuring from 4 into 2 units and internal refit in the first half of 2022 at a cost nearing £110000, now has two residents in an excellent standard of accommodation. The most recent was occupied in the summer of 2022, following their application via our selection panel. 



## **Achievements.** 

6. The Charity continues to run on a "shoestring budget" basis with insufficient funds available to carry out necessary refurbishments we would like to see happen. Essential maintenance to the charity's almshouses and commercial assets is never ending. We are actively seeking financial help to keep our properties in excellent condition. 

7. As mentioned in 5., the Charity has turned 4 bedsits which were in derelict condition into 2 modern and comfortable one bedroom apartments. This came at a cost and any future refurbishment of the almshouses will be dependent on successful external funding. 

## **Assets** 

8. A list of the Charity’s property assets (as re-assessed in Dec 2019) is as follows: 

Almshouses: 

|Almshouses:||
|---|---|
|a.   1 – 4 Fryer’s Callis|£807,000|
|b.   1 – 4 Hopkins’ Hospital|£880,000|
|c.   1 & 2 Austin Friars Lane|£500,000|
|Almshouses Total:|£2,187,000|



|Commercial :<br>d.   1 – 3 Snowden’s Hospital<br>e.   6/6a St Mary’s Street<br>Commercial Total:<br>**Overall Total:**|£375,000<br>£840,000<br>£1,215,000<br>**£3,402,000**|
|---|---|





9. Annual income from the commercial properties listed above was as follows: 

Snowden’s Hospital: £7826.16 Shop, 6, St Mary’s Street: £14463.96 Flat, 6a, St Mary’s Street: £6866.92 

## Annual Accounts and Investments 

10. The annual accounts and a summary of the Charity’s investments as at 31 Dec 2022 will be submitted separately by the Clerk. 

A CROFT 

Chairman, Board of Trustees 

31[st] August 2022 



CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examiner's
report on the accounts
Section A
Independent Examiner's Report
Rèport to the trusteesl
members of
Slamford Municipal Almshouse Charities
On accounts for the year
ended
31° December 2022
Charity no
(rf anyl
Set out on pages
1 to4
I report to the twstees on my examination of the accounts ol the above
charity ("the Trust-) for the year ended 31" December 2022
Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation
basis of report of the accounts in accordan￿ the requirements of the Charities Act
2011 (Ihe Act").
I report in respect of my examination of the Trust's accounts carried out
under section 145 of the 2011 Act and in carying out my examination, I
have followed the applicable Directions given by the Charty Commission
under section 145{5)Ib) of the Act.
I have completed my examination. I confinn that no material matters have
come to my attention (other than that disclosed below ') in connection with
the examination which gives me cause to believe that in. any material
Independent
examinerfs statement
accounting records We￿ not kept in accordance with section 130 of
the Act or
the accounts do not accord with the accounting records
I have no COn￿M$ and have come across no other matters in connection
wtth the examination to which attention should be drawn in order to enable a
proper understanding of the accounts to be reached.
. Please delete the woffjs in the brackets rfthey do nol apply.
Signed:
Date:
23rd Oclober 2023
Name:
Michael Jacklin
Relevant professional
qualificationls) or body
(If any):
FCCA
Address:
Jackson & Grimes Limtted
22 St Georges Street
Slamlord Lincolnshire PE9 2BU