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2021-01-05-accounts

THE CHARLTON AND LINLEY HOMES

(Founded under the Will of Miss Mary Jane Linley deceased)

138 Abbeydale Road South, Beauchief, Sheffield S7 2QS

Chairman: Secreta ry:

Mrs A C Hammond Mr A Ward

1 Cockshutt Road 75 Westwick Crescent

SHEFFIELD SHEFFIELD

S8 7DX S8 7DN

Telephone 01142 745852 Telephone: 01142

  1. Email: albertward@btinternet.com

October 2021

Annual Report to Charity Commissioners – 2020/2021 – Approved by Trustees.

Once again as a result of Covid 19, this Annual Report has been circulated to all Trustees for approval, which has been received unanimously. Personal contact with our residents has been minimal, with many conversations with our Chairman held through open windows. The Charlton and Linley Homes are 10 individual but semi-detached bungalows, provided for independent living, with no common areas inside, making it more difficult and potentially lonely for those residents who are unable to walk around in the grounds.

One resident transferred to a Care Home, with her husband remaining in the Home, another passed away leaving her husband to take up the residency, and a third passed away having been in the Home since 1999. His passing enabled the Trust to refurbish and redecorate the Home as he and his wife had resisted any changes, except a new Belfast sink in

all those years, but difficulty in getting in and out of the bath led to him accepting a walk in shower a couple of years ago.

At the same time as the refurbishment was taking place, the Trustees agreed to pay to have the gas meter moved from inside a kitchen cupboard, under the work surface, to outside, thereby creating more useful cupboard space. Unfortunately, this is an expensive alteration, but consideration may be given to repeat the exercise as Homes become free for new residents. The only other unusual maintenance item was the replacement of two of the original front doors with modern non wooden ones. Others are beginning to show signs of ageing and may be replaced, together with some wooden window frames, as funds allow.

This refurbishment took place over the previous and current financial years, and along with the cost of the roof and gutter works previously mentioned, led to the first increase in the Monthly Maintenance Contribution for several years.

The Trustees are considering a further addition to the Governing Document in order to regularise approval for residency to persons who have suffered a diminution in their circumstances, and whilst their criteria fit the original Governing Document in all cases,

they are not a member of a church.

The Annual Accounts show that our financial position is healthy and remains within advised guidelines.

Ann Hammond Albert Ward

Chairman Clerk and Secretary to the Trustees

Charlton and Linley Homes
Income and Expenditure Account
for the year ended 5th January 2021
Turnover
Residents Maintenance Contributions
Operating Charges
Trustee and Administration Services
Routine Maintenance
Cyclical Maintenance
Extraordinary Maintenance
Operating Surplus
Interest Receivable and Similar Income
Interest Payable and Similar Income
Surplus on Ordinary Activities
Extraordinary Item : Special Donation
Surplus for Financial Year
Movement on Reserves
Balance B/F
Surplus for Year
Rounding Adjustment
Routine Maintenance Reserve
Cyclical Repairs and Maintenance Reserve
Extraordinary Repairs Reserve
Graves Maintenance Reserve
Balance C/F
11,612
35,531
-
-
952
-
2021
£
30,860
12,801
13,754
-
-
47,142
(16,282)
1,825
-
952
(15,331)
-
(15,331)
294,752
(15,331)
-
35,531
-
-
-
314,952
Page 1
2020
£
26,750
26,555
195
1,825
2,020
-
2,020
278,978
2,020
-
13,754
-
-
-
294,752

Charlton and Linley Homes has not acquired or discontinued any fundamental activities during the above financial years.

The Charity has no recognised gains or lossess other than those included in the above Income and Expenditure Account.

Charlton and Linley Homes
Balance Sheet as at 5th January 2021
Fixed Assets
Tangible Assets
Housing Properties
Cost
3
Less : Housing Association Grant
Investments
2
Debtors
Cash at Bank
Creditors
Amounts falling due within one year
Net Current Assets
Total Assets Less Current Liabilities
Capital and Reserves
Capital Account
Designated Reserves
1
Income and Expenditure Account
8,769
8,769
-
-
2021
£
124,055
107,849
16,206
180,055
196,260
8,769
205,030
13,984
(123,905)
314,952
205,030
24,355
24,355
-
-
Page 2
2020
£
124,055
107,849
16,206
179,800
196,006
24,355
220,361
13,984
(88,374)
294,751
220,361

The financial statements were approved by the Trustees on

and signed on its behalf by :

Trustee

Trustee

Page 3

Charlton and Linley Homes

Notes to the Balance Sheet as at 5th January 2021

1. Designated Reserves

1. Designated Reserves
Balance as at 6th January 2020
Transfer from General Fund
Donations
AAH Recommendations
Expenditure During Year
Balance as at 5th January 2021
RMF
CMF
ERF
Graves
Total
(112,115)
5,740
17,701
300
(88,374)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(35,531)
-
-
-
(35,531)
(147,646)
5,740
17,701
300
(123,905)

2. Investments

National Savings Bank
Other Deposits
NAA CIF
Market
2021
Market
2020
Value
£
Value
£
-
12,954
-
12,954
-
142,854
-
142,599
62,281
24,247
64,940
24,247
62,281
180,055
64,940
179,800

2. Housing Properties

2021 2020
£ £
Market Value for Insurance Purposes 1,006,471 1,006,471

I have prepared the Accounts from books, vouchers and information as supplied and certify as correct in accordance therewith.

J Giddings

Charlton and Linley Homes
Income and Expenditure Account
for the year ended 5th January 2021
Turnover
Residents Maintenance Contributions
Operating Charges
Trustee and Administration Services
Routine Maintenance
Cyclical Maintenance
Extraordinary Maintenance
Operating Surplus
Interest Receivable and Similar Income
Interest Payable and Similar Income
Surplus on Ordinary Activities
Extraordinary Item : Special Donation
Surplus for Financial Year
Movement on Reserves
Balance B/F
Surplus for Year
Rounding Adjustment
Routine Maintenance Reserve
Cyclical Repairs and Maintenance Reserve
Extraordinary Repairs Reserve
Graves Maintenance Reserve
Balance C/F
11,612
35,531
-
-
952
-
2021
£
30,860
12,801
13,754
-
-
47,142
(16,282)
1,825
-
952
(15,331)
-
(15,331)
294,752
(15,331)
-
35,531
-
-
-
314,952
Page 1
2020
£
26,750
26,555
195
1,825
2,020
-
2,020
278,978
2,020
-
13,754
-
-
-
294,752

Charlton and Linley Homes has not acquired or discontinued any fundamental activities during the above financial years.

The Charity has no recognised gains or lossess other than those included in the above Income and Expenditure Account.

Charlton and Linley Homes
Balance Sheet as at 5th January 2021
Fixed Assets
Tangible Assets
Housing Properties
Cost
3
Less : Housing Association Grant
Investments
2
Debtors
Cash at Bank
Creditors
Amounts falling due within one year
Net Current Assets
Total Assets Less Current Liabilities
Capital and Reserves
Capital Account
Designated Reserves
1
Income and Expenditure Account
8,769
8,769
-
-
2021
£
124,055
107,849
16,206
180,055
196,260
8,769
205,030
13,984
(123,905)
314,952
205,030
24,355
24,355
-
-
Page 2
2020
£
124,055
107,849
16,206
179,800
196,006
24,355
220,361
13,984
(88,374)
294,751
220,361

The financial statements were approved by the Trustees on

and signed on its behalf by :

Trustee

Trustee

Page 3

Charlton and Linley Homes

Notes to the Balance Sheet as at 5th January 2021

1. Designated Reserves

1. Designated Reserves
Balance as at 6th January 2020
Transfer from General Fund
Donations
AAH Recommendations
Expenditure During Year
Balance as at 5th January 2021
RMF
CMF
ERF
Graves
Total
(112,115)
5,740
17,701
300
(88,374)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(35,531)
-
-
-
(35,531)
(147,646)
5,740
17,701
300
(123,905)

2. Investments

National Savings Bank
Other Deposits
NAA CIF
Market
2021
Market
2020
Value
£
Value
£
-
12,954
-
12,954
-
142,854
-
142,599
62,281
24,247
64,940
24,247
62,281
180,055
64,940
179,800

2. Housing Properties

2021 2020
£ £
Market Value for Insurance Purposes 1,006,471 1,006,471

I have prepared the Accounts from books, vouchers and information as supplied and certify as correct in accordance therewith.

J Giddings