2021-12-31-accounts - Friskney United Charities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Trustees’ Annual Report for the period

From 01/01/2021 Period start date To 31/12/2021 Period end date

Charity name:Friskney United Charities

Charity registration number:217282

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	Trust provides housing for the elderly and less fortunate people in the area of Friskney. The charity owns 18 almshouses and a number of allotments.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	To collect Annual Maintenance Contributions (AMC) and allotment rents for the upkeep of both dwellings and land.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees have considered the guidancegiven by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	Upgrading some of our older almshouses, specifically replacing outdated bathrooms with easier access shower rooms with aids for disabled access. An ongoing programme of repairs and renovations throughout 2021, upgrading properties as they become vacant. The charity aims to provide good quality, low cost and energy efficient accommodation for deserving/vulnerable residents.

Additional information (optional) You may choose to include further statements where relevant about:


Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	As per audited accounts submitted.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	To repay permanent endowment of £370,000 being recouped over a 60 year period. Trustees try to maintain funds to ensure levels of accommodation are maintained.
Amount of reserves held	Para 1.22	See accounts submitted
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

Additional information (optional)

Additional information (optional)	Additional information (optional)
You may choose to include further statements		where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Investment powers – Charinco and Charishareincome units. Accumulation Units protected.
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Charity Commissin Scheme – dated 12.06.1959
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Appointed by the Parish Council

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and Para 1.51 training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name	Friskney United Charities
Other name the charity uses
Registered charity number	217282
Charity’s principal address	c/o Jacquie Scott Sigtoft Farm Low Road South Friskney Boston Lincs. PE22 8QH

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Name of person (or body) entitled to appoint trustee (ifany)
Reverend Fiona Cotton-Betteridge	Chairman	Ex-Officio
Mr Tony Scarborough	Vice Chairman	Friskney Parish Council
Mr Terence James Twigg		Friskney Parish Council
Miss Paula Dickinson		Friskney Parish Council
Mrs Nicola Smith		FriskneyParish Council

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) J. Scott Full name(s) Jacqueline Scott Position (eg Secretary, Secretary Chair, etc) Date 27/07/2022

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