Annual Report for Baron Smith’s Charity 2023
During the year unfortunately one resident passed away and two others left The Square for various reasons. Three new residents have since moved in after some refurbishment. All cottages are contributing to maintenance.
Our Warden continues to do a wonderful job of looking after the residents, keeping the garden looking immaculate which is enjoyed by all the residents and visitors.
Maintenance work is continuous to keep the buildings in good repair, no major work has been undertaken and regular inspections are made to enable the trustees to determine where work is required.
Baron Smith's Charity Year Ended 31st December, 2023 Income/Expenditure Account
| Receipts | 2023 | 2022 | Expenditure | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Rent of Land- Bodycote | 1793.74 | 1830.00 | Water Rates | 2243.68 | 1934.40 | |
| NAACIF - Interest | 13317.48 | 12266.10 | Electricity | 3547.96 | 2238.15 | |
| Electricitywayleave | 30.37 | 30.37 | Heating (Gas) | 10248.76 | 8475.60 | |
| Maintenance contributions | 71875.69 | 67029.00 | Telephone | 537.80 | 516.79 | |
| CAFCash Interest | 34.78 | 24.69 | National Ass. Almshouse Sub | 640.00 | 222.00 | |
| CAFGoldInterest | 2189.32 | 355.98 | Insurance | 2651.19 | 2564.44 | |
| Television Licences | 45.00 | 60.00 | Television Licences | 45.00 | 60.00 | |
| Garden Maintenance/mower | 125.40 | 396.23 | ||||
| General repairs-plumbing | 10008.61 | 2621.19 | ||||
| -electrical | 5130.00 | 625.70 | ||||
| -property | 27810.21 | 3242.37 | ||||
| Decorating | 5420.00 | 3380.00 | ||||
| Advertisingvacancies | 0.00 | 0.00 | ||||
| WardenSalary | 4980.00 | 4815.00 | ||||
| Clerk's Salary | 1600.00 | 1500.00 | ||||
| SundryWages (Mike/Maureen) | 1170.00 | 0.00 | ||||
| Postage/stationery | 24.68 | 20.56 | ||||
| Christmas gifts/cards | 406.50 | 401.00 | ||||
| HDC Counciltax | 0.00 | 0.00 | ||||
| GiftsTrustees/MickGears | 125.75 | |||||
| Pests/keys/Audit/bins | 379.69 | 381.50 | ||||
| FireExt Service | 37.60 | 15.10 | ||||
| BankCharges | 60.00 | 81.00 | ||||
| Totals | 89286.38 | 81596.14 | 77192.83 | 33491.03 | ||
| Income over Expenditure | 12093.55 | 48105.11 |
Balance Sheet 31st December, 2023
0.00
| B/F Bank Balance 31/12/22 | 14814.07 | |||||||
|---|---|---|---|---|---|---|---|---|
| B/FGoldBalance 31/12/22 | 122048.28 | |||||||
| B/F Petty Cash31/12/22 | 414.00 | |||||||
| 0.00 | ||||||||
| Income over Expenditure | 12093.55 | 149369.90 | ||||||
| CAFCash Balance 31/12/23 | 29472.73 | |||||||
| CAFGoldBalance 31/12/23 | 119550.82 | |||||||
| Petty Cash Balance 31/12/23 | 346.35 | |||||||
| CarriedForwardBalance | 149369.90 | Difference made up as follows: | ||||||
| 0.00 | ||||||||
| Difference | 0.00 | 0.00 | ||||||
| 0.00 | ||||||||
| Assets not included in Balance Sheet | ||||||||
| a) Almshouses | ||||||||
| b) Land Rented to Bodycote | ||||||||
| c) NAACIF Shares: | 350460.123 | value per share | 89.82 | Total | £314,783.28 | |||
| Growth Share Price | 1.71% | |||||||
| Growth Dividend | 8.57% | |||||||
| Last Year 2022 | £350,460 | 88.31 | £309,491.33 | |||||
| Growth share price | -2.84% | |||||||
| Growth Dividend | 6.06% |
CHARITY COMMISSION Independent Examiner's Report on the Accounts Soction A Indepe.ndent ExamiTreT'S Repoit Ilpport to ihè tnstee5/rntss of SwiTd'£ CrlhrtiT On accounts Ic¢ the yw ended ENllFJFJF] (harfty Tro Ul any) E4URFJtJv. Set out on pages Rdputfv• Tht tfwtees * resportsltle lorthe pre110 of the ac(ounts. The thaiW5 and exaANMr msstee5 ionshjer thai an audn L% noi reqled lor thls ar under secUoTh 144 of the arilles Aci 2011 (tr Ch¥ltrs Acii and that an independent ewlnaikn Is needed. tt Is rny re5pon5ibilty to: eXanr the o(cowts under sertSon 145 of (hafllle5 A(L to follow the procedures iald down In the general Directions gfven by the charity (mlssk)n {urxlei se(tIDn 14g5)(b) ol ihe charltSe5 Att). and al% ol lAd•wdAt•xaAn#tr IAY examInaU was carrfed In a(u¥dèrKe geneiaS Dlrectlons glven by the charlty Commlsslon. An examlnaULm Indudes a revlew ol the ac(oufifing re(d5 kept ty the chartty and a compartson of thè accovnts presentsd wlth those records. n abo Indudes (onslderallon ot any unusual liems or d15dosures ln the a¢(ounts, and seklng xpJanatlons Irom the tivstees ton£erTrln9 any 5uth rnatters. The procedur Ufthrtaken do wovlde all the eVkIen that would be requlred In an audlt, and (r#ueaV nD wnicffl 15 given a5 to whethu the a((oun15 presenl a 'true and falT' VI and the report ts Imlted to those mallers w Dut In the statement bebw. (1) whkh gfves ffle 050nable (au%e to bekn that I any rnrterfol Tespe¢ the re¢wlrement&' lo keep arojwthg fecwd5 In a(0¥dan wlth sertlon 130 01 the ChNrlles A(1; tts rrfepare aCUnts whith Kctyd with tht acctyffitirMJ reIdS and compty wlth the a(((AJntlng requtrements of the (harflles Act have Th)t booft MOL 01 P) to whKh, In my (pin10 attentlon should be dwn In ordwto enable a proper Undetsthlft9 of ihe ac(fMJMS io be rea(hed. ' Pkose delete the wvnk lft Ihe bro(Ets IlbSeydo notapply. Slgned Name IDAJ Relevaff qlI(allOnts) or body QI any) 22