Orrne Almshouses
Flnanclal Statements
For The Year Ended 31 December 2023
Dexter & Sharpe (L￿1
Ctsrtered Certrf*d Acmuntants
l East8ate
Louth
L￿￿nShI￿e
LNII 9NB

Orme Almshouse5 Accounts for the
r ended 31" December 2023
£tual 2023
Actual 2022
Recei
48.063.38
46.491.1)0
NUOF Income 5h¥e5
591.98
102.29
0.53
545.25
lrtsthntA¢¢. Styer. IcvN•*AlC￿FEthj1j
COIF interest recewd
694.80
0.12
545.37
Generil nh)¥ewt
108.
45.00
126.¢)0
45.¢XI
TVL￿£n￿fetTeCly•Yry
ot￿r
Total A￿lpty
48,911.18
47,207.37
G￿￿1¥r*s.¢￿I1h￿.ERs NII
. W•rthNldl L
10,550.04
240.00
2.152.07
6,720.62
453.24
4.672.94
1,847.94
9,942.96
1,410.C
3.784.09
6,49).72
639.05
4.988.40
1,573.87
355.59
322.LKI
528.C
234.fJ)
664.99
161.69
1.598.35
45.
126.co
529.38
W•tirchwys
G•$
E￿1rk
G•rd•ni
InwiDrKe
ye￿F*D
Sub5crfptbn5- N
Ic<tyJnuryFe
pw￿lSer4k11
He1￿h. Wttv & Well•re
P4siiy. 5t•lkir*ry &
G•Mr•l M•ini•n•r<*
333.
S76.LK)
258.th)
960.70
211.72
1.710.16
45.LKI
108.
491.99
TVLken￿s
Total Payments
31,675.92
33.394.09
Malntenance Provlsknl
Tr•n5Iert<*Cyclr￿ M•4iren1n￿ Furo
TrnD51ertoE*faDrdinJry Reyir5Fund
TrnnslerE￿r•Vdn0ryFund ioGen¥* hjnd
5.(LKI.IXI
s.f￿.[Al
3.C*)O.
3.(￿].
Surplus l Defi¢lt l.) for the yur
7.235.26
7.813.28
Ical Malnten
A￿airS
TransferfvomG•nwalA(C•Jnt
-2,922.47
S.1￿.(￿)
.273.09
3.OCQ.t
Sur
2.077.53
-3,273.09

Bala1￿9 Shq•t•• at 31"D•¢•mb•r 2023
2023
2022
I￿112019. 21421 tIA4C1FAccuMukntA￿ 5hwEs
I5578N￿cIF Incomes￿
213.125 18
13.992.16
2W.667.11
13.756.93
Tot•1
227.11731
114,424A)4
Lk*dsTSB Tre•5uier4KccoJnt
I1￿$ Instant AttountS•wr
co￿ Depos￿ attryJn¢
Comforts Fund
Petty cash
Cr•dlto
915.97
21&)2.29
12A1
543.55
Is%￿4.$9
11.28
543.5S
42S.10
-2.440.51
.1188.64
Totsi
17J16.79
13.604J))
255JJ34.13
128m8
8ilinEtit l ￿n￿ary1013
JiphJX ltsi ihe ve•r
Ch￿1*1n v•bJ¢ofNUCIFlr<om•sh¥
39.54
7J35.26
235.13
97168.67
7AI3.28
442.41
T¢A
112,71th0J
105,2Y9.54
513.SS
54355
OD)
ip￿$ loi ihey•
Toi
y).ss
B414rtct•t i l•nu•ry 2023
Jrplusliothcrtl l.Iforth•y
15m2.22
2JJ77.53
19.16531
-3.273.C*J
Trrt
17.969.75
15J92.22
BI￿ntI It l J•nuiry 2023
Chani•inv•hJ•oINMCIFk¢wrwbMbJn4wY5
ildin¢Repairs
TranslerlromGentt4 aCC￿nt
I¢A352.73
109,2fj0.99
l.S73.
-7.481.56
To
123JiO
IC6.3S2.73
25SM(IJ
22&028.04
klrDSievErw ￿t<hO￿oI1heTlL￿tee5

Orme Almshouses
Notes to the Ilnan¢lal stsiements for the year ended 31 December 2023
l Accountlng PolSdes
Basls ol preparatlon
The financial statements have been prepared in accordance with Accounting and Reporting bv
Charities.. Ststement of Recommended Practice applicabk to charities preparing their accounts in
accordance with the Financlal Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021
leffertive l January 20151- Icharities SORP IFRS 10211 and the Financial Reporting Standard
applicable in the UK and Republic of I￿land IFRS1021.
Orme Almshouses meets the definition of a public benefft entity under FRS 102. Assets and liablities
are initially recognised at histwlcal cost or transaction value unless Otherwise ststed in the relevent
accounting policy note.
2 Investments
Investments are shown at valuation at 31 December 2023 INAACIF $h4res at bid pricel, except the
Almshouses and Land, Eastyate Louth. on whbch no value has been plawl.
Page 3

INDEPENDENT ACCOUNTApifs REPORTTO ORME ALMSHOUSES
We report on the accounts of Omie Almshouses for the year etxled 31st December 2023 which are set
out on pa8es I to 3.
RespectS¥e responsibilit5e5 of th• Trustees and examln•r
The charity's twstee5 are responslble for the preparation of the acctyjnts.
The charity's trustees consider that an audlt is not required for this year under section 144 of the
Charities Act 20111"the Charities Art") and that an Independent examination is needed.
It is our responsibility to..
examine the accoLrnts urKler sectlon 145 of the Charitres Act..
to follow the procedures laid down in the General Directions given by the Charity
Commission under section 145151 Ibl of the Charities Act. and
111. to state whether particular matter5 have come to our attention
Basss of Independent examlnrfs report
OUT examinatlon was ¢aTTied out In accordance with the General Dire¢ti0ft5 given by the Charlty
Commission. An exambnation includes a revlew of the accounting records kept by the tharfty and a
comparison of the accounts presented wlth those records. It also In¢ludes consideration of any unusual
items or dSsclosures in the accounts. and seeking explanations from you as the Trustees concerning
any such matters. The procedufes undertaken do not provide all the evldence that would be required
in an audit and consequently no opinion 15 given as to whether ihe accounts present a'true and falr
vlew, and the report is limited to those matters set out in the next ststement.
Ind•pendent exarnSn•r's statement
In connection with our examination. no matter has come to attentlon..
111 which gives us reasonable cause to belleve that In any materlal respect the ￿quIrementS..
to keep accountin8 re￿rdS in accordance wlth section 130 of the Charltles Aci- and
to prepare accounts which accord wrth the acc¢)untlng records and comply wlth the
accountin8 requirements of the Charities Art
have not been met or
121 to which. in our opinion, attention should be drawn In order to enable a proper
understanding of the accounts to be reached.
D£rter & Sknrpe [Lo￿h)
Dexter & Sharpe ILouthl
Chartered Certified Acc¢)untants and Reglstered Audltors
l Eastgate
Louth
Lincolnshlre
LN119N8
Dated..
27 April 2024
Page 4

Trustees, Annual Report for the period
Period date
Period end date
To
Section A
Reference and administration details
Charlty name
ORME ALMSHOUSES
Othor names charity is known by
Reglstered charlty number (rf any)
19705
Charfty's prlnclpal address
THE LODGE
143 EASTGATE
LOUTH
Postcodo
LN119AJ
Names of the charlty trustees who manage th• charlty
D•t¢¥ •ct•d rf not for whot•
Trust•• nam•
Offle•111 any)
N•m• ol p•r•on lor body} •ntitl•d to
olnt tru•t••
Il*n
A C J HICKMAN
J HOWARD
P V WILLIAMS
M ROBINSON
J G PURVES
S R RODDEN
S EVANS
S PARKIN
Chair
ReS￿ned 9° February
10
12
13
14
15
16
17
18
19
20
Names of the trustees for the charity. rf any. {for example, any custodlan tN8ts0$)
Name
Dates acted If not for whole ear
TAR
March 2012

Names and addresses of advisers Iopllonal Inforniation)
of advlser
Name
Address
CCOUNTANTS
EXTER & SHARPE
EASTGATE, LOUTH, LINCOLNSHIRE. LN119NB
Name of chlef executlve or names of ¥enlor stsff membern (Optional inforniation)
AVID STEVENSON
Section B
Structure,
overnance and mana
ement
D•scrlptlon of the charws trusts
TRUST DEED DATED 17 JANUARY 1885 AS VARIEO BY THE SCHEME
DATED 26 NOVEMBER 1968
Type of goveming document
How the charity Is constituted
TRUSTEES
Trustee selection methods
APPOINTED
Addltlonal governance Issues IOpUonal Infomiallon)
A comprehensTve Welcome Pack is handed to a new tnjstee to enable them
to feel supported and infomied on the policies and procedures of the Charity.
You may choosg to include
additional inforynation, where
relevant, about..
The Charity is a member of The Nationd Almshouse A&%)￿allOn which
provides help and adV￿e on any issues.
polides and procedures
adopted for the induth'on and
training of trustees-
the charity's Ofganisational
structure and any wider
netr￿rk with vthich the charty
works.,
• relationship wrth any related
parties;
trustees, consideratK+n of
major risks and the system
and procedures lo manage
them.
The Trustees are SatiSf￿d that Systems are in place to manage any risks
faced by the Charity. The day to day management of the Charity 1$
delegated to the Clark. Regular contad is maintained between the Clerk and
the Trustees. Risks are Kdenttfied. assessed and conlrolled on 8 regular
ba*'s. Planning of work adiviti'es for the year has been reviewed at a
Trustee meeling. In particular, comprehensive insurance cover is in place
and finanoal manajement is kept under review.
All Truslees give their time vc4untarily and receive no remuneration or other
benefrts.
Section C
Ob'ectives and activities
To provide accommodat￿ for men aged 55 or over, bachelors or
widowers.
Summary of the objects of the
charity set out In Sts
govornlng document
TAR
March 2012

During the course of the year general mantenance and improvements have
been carried out.
We welcome applications from those in financial hardship or otherwise
disadvantaged.
The Trustees confirm that they have referred to the Charity Commission's
guidance on public benefft when reviewing the Trust's aims and objectives
for the year.
Summary ofthe maln
activities undertaken for the
publlc benefft In relatlon to
these objects (include within
th18 $8Ctlon the statutory
declaratlon that trustoes have
had regard to the guidan¢•
Issued by the Charlty
Commlssion on publk
bonefft)
Addltlonal detsll• of objoctlves and actlvftles (Optlonal Inforniatlon)
You may choose to include
further slatements, where
relevant. about:
policy on granlmaking.,
policy pro3ramme related
investment.,
contribution made by
volunteers.
TAR
March 2012

Section D
Achievements and performance
Summary ofthe main
achievements of the charlty
during the year
Latest spe¢tfiGgtion El￿triC Circuit Box (incl.30MA lrip) has been installed in
the Lodge residen￿ and all electrical f&ilities have been cheGked. The
Lodge rec&ved new residents in 2023.
All residences have current vaidated Electrical Certtficates to, at least, June
2025 & all remaining older Electric Circutt Boxes will be upgraded to the
latest specffications pre June 2025.
We harfe •pointed 3 new residents. in total. during 2023.
One re￿dence has been fully redecorated & has subsequently been
occu￿d by a newly appointed resident.
Handrails have been fitted to a wet-room to address a resident's needs.
Legionella preventK)n pr(xedures have been carried out by our appointed
speoalist, and is onwng.
Annual gas servicing & maintenance has been carried OLrt by our appointed
gas safe registered engineers. All gas appliances have current Landlord
Gas Safety Certfficates per regulatory requirements.
The ganlens have been maintained by our contractor.
A new bespoke Omie Almshouses website has been published provKling all
information requirements for any interested individuals induding application
fomi download, direclions to site with route planner. a messaging faality
& a history seclion. This can be easily found online. the Website is now in
1° or 2- ￿SCe on search engine resu￿5.
TAR
March 2012

Section E
Financial review
We hold cash al the bank at as 31° December of £915.97 (Current
Account) & £28.602.29 Ilnstant Access Saver (short tem surplus)) all of
which is unrestricted funds. Our investments of £227.117.34 are retained
towards the c4)sts of meeting any repairs.
£12.81 is held in a deposrl account.
Brief statement of the
charlty's pollcy on reserves
Details of any funds materlalty
In deficit
Not applicable.
Further financial revlew détsils (Optional Inforniallon)
You may choose to indude
additional information. where
relevant about..
the charity's prinapal
sources of funds (induding
any fundraising).,
how expendrture has
supported the key objectives
of the charity;
investmenl policy and
objectives induding any
ethical investment policy
Jopted.
Our principle source of funds are Monthly Maintenance Charges received
from resxlents.
It is our pdicy to invest any fund balan￿8, not assignad to current planned
projects. with COIF or NAACIF.
Section F
Other optional information
Ongoing maintenance to extemal areas and the grourKls w¢th indivKlual intemal inspections {Quinquennial) to
assess any routine maintenance & indentrfy any possible issues in the future.
All maintenance & improvements are carried ¢xrt confomiing to the Grade11 Listing which covers 8118tructures
on site.
Section G
Declaration
The trustees declare that they have approved the trustees, report above.
Signed on behalf of the charlty'$ trustse$
sIgna￿re{S)
Approved by all Trustees at the 2
ri12024 Meetin
Full nam•(s)
JUDY PURVES
Posftlon (og Secretary, Chalr,
CHAIR
Date
April 2024
TAR
March 2012