Montague Receipts and Payment Accounts Year Ended 31st December 2023 - with PY 2022 Figures
| RECEIPTS | 2022 | 2023 | PAYMENTS | 2022 | 2023 |
|---|---|---|---|---|---|
| Maintenance | £35,010 | £36,232 | Gas Heatng | £4,488 | £5,043 |
| COIF | £722 | £724 | Electric | £1,847 | £1,415 |
| Other Receipts | £313 | TV Licence | £0 | £0 | |
| Water | £4,185 | £4,330 | |||
| Total Receipts | £36,045 | £36,956 | Repairs/Decoratng | £3,182 | £391 |
| Electric/Plumbingwork | £180 | £0 | |||
| Insurance | £1,540 | £1,666 | |||
| Almshouse Associaton | £187 | £196 | |||
| Christmas Gifing | £100 | £90 | |||
| Fire Certfcaton | £0 | £594 | |||
| Annual Audit | £60 | £60 | |||
| Statonery/Mileage/Misc | £183 | £134 | |||
| Legal Fees | £0 | £3,655 | |||
| Honorarium | £3,843 | £4,126 | |||
| Refurbishments | £6,259 | £1,236 | |||
| Gas Boiler Service/Care Plan | £0 | £473 | |||
| Bank Charges | £63 | £61 | |||
| Misc Payment/Refunds | £0 | £353 | |||
| TOTAL PAYMENTS | £26,117 | £23,823 | |||
| TOTAL RECEIPTS | £36,045 | £36,956 | |||
| EXCESS REC/PAY | £9,928 | £13,133 | |||
Approved on behalf of the Trustees
Chairman….........................................
Date …...............................................
Sir Walter Montague Almshouses Registered Charity Number 217261
Movement in Funds - for year ended 31st December 2023
| 2022 | 2023 | |
|---|---|---|
| Balance 1st January | £43,409 | £53,337 |
| Balance MoneyManager | £10 | £10 |
| Total | £43,419 | £53,347 |
| OutstandingCheques Cleared | £0 | £0 |
| Sub Total | £43,419 | £53,347 |
| Excess of Receipts/Payments | £9,928 | £13,133 |
| C/FWD | £53,347 | £66,470 |
| Balance 31st December | £53,337 | £66,470 |
| Balance MoneyManager 31st December | £10 | £10 |
| Total | £53,347 | £66,480 |
| OutstandingCheques | £0 | £0 |
| Total | £53,347 | £66,480 |
| Cyclical Repair Fund - Restricted Fund | ||
| Balance 1st January | £17,405 | £17,421 |
| Interest earned | £16 | £135 |
| Balance 31st December | £17,421 | £17,556 |
Approved on behalf of the Trustees
Chairman…............................................
Date …......................
Sir Walter Montague Almshouses Registered Charity Number 217261
Statement of Assets & Liabilities Year Ending 31st December 2023
| HSBC OperatngAccount | |||
| HSBC Business Manager | |||
| Cyclical Repair Fund | |||
| Natonal Associaton of Almshouses - COIF/CCLA Accumalaton Units- extra ordinairyrepair at 1450.77 units at Market Value |
|||
| Charites Ofcial Investment Fund Income Units |
Units | Value | |
| Miss MaryGillat | 600.77 | £11,922.28 | |
| VHuntngford Morgan | 347 | £6,886.22 | |
| Walter Cliford Thomas | 232 | £4,604.04 | |
| MaryBurr | 149 | £2,956.90 | |
| TOTAL Income Units | 1328.77 | £26,369.44 | |
| Total |
Growth on COIF/CCLA Shares of £42,311 vs 2022 where a loss of £34,778 was made
Tangible Fixed Asset St MARY Street Chepstow with Alsmhouse building thereon - insured value of £7
Approved on behalf of the Trustees
Chairman…............................................
| 2022 2023 |
2022 2023 |
2022 2023 |
2022 2023 |
|---|---|---|---|
| **End Balance ** | End Balance | 2023 Restricted Fund |
2023 Unrestricted Fund |
| £53,337 | £66,470 | £66,470 | |
| £10 | £10 | £10 | |
| £17,421 | £17,556 | £17,556 | |
| £319,732 | £359,791 | £359,791 | |
| £24,117 | £26,369 | £26,369 | |
| £414,617 | £470,197 | £377,348 | £92,849 |
778,857 vs 2022 value of £717,821 (8.5% growth)
Date …................... ...
INDEPENDENT EXAMINERS REPORT TO THE TRusfEES OF SIR WALTER MONTAGUE ALMSHOUSES I report on the accounts of the Charity for the year ended 31" December 2023, whlch Pages I to 4. Respective responsibilities of the Trustees and examiner As the Charity's Trustees you are responsible for the preparation of the accounts. YOU audit requirement of section 4312) of the Charities Act 1993 las amended) (the Act) d, my responsibility to examine the accounts (under section 4313) la) of the Act and stat, procedures specified in the General directions given bythe Charity Comrnission undei of the Act, whether partlcular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the General Directions given by t Commission. An examination includes a review of the accounting records kept by the comparison of the accounts presented with those records. It also includes the consld unusual items or disclosures in the accounts, and seeking explanation from you as Tri any such matters. The procedures undertaken do not provide all the evidence thatw an audit, and consequently I do not express an audit opinion on the view given by th, Independent examiner's statement In connection with my examination, no matter has come to my attention.. Which gives me reasonable cause to believe that in any material respect the requirei a) To keep accounting records in accordance with section 41 of the Act {as amt b} To prepare the accounts which accord with the accounting records and to c( accounting requirements of the Act {as amended), have not been met, or to opinion, attention should be drawn in order to enable a proper understandi be reached. Signed .. Tadrtp 1 fTrano@ Park . StANans. NP16 6EA
re set out in 'considerthat the es not apply. It is e on the basis of section 4317} Ib) lie charity pcharity and a ration of any itstees concernin8 iiuld be required in è accounts. ments bnded)
mply with the which, in my g of the accounts to