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2023-01-05-accounts

THE CHARLTON AND LINLEY HOMES

(Founded under the Will of Miss Mary Jane Linley deceased) 138 Abbeydale Road South, Beauchief, Sheffield S7 2QS

Chairperson: Secretary: Mrs A C Hammond Mr A Ward 1 Cockshutt Road 75 Westwick Crescent SHEFFIELD SHEFFIELD S8 7DX S8 7DN Telephone 01142 745852 Telephone: 01142 377548. Email: albertward@btinternet.com June 2023

Annual Report to Charity Commissioners Period covered - 6 January 2022 to 5 January 2023. Approved by Trustees 6 June 2023

The period covered by this Annual Report has seen little of any remarkable note as, unlike many Almshouses the tone of the Governing Document covering 10 bungalows, which were built between the later 1920’s and 1946, was to enable the residents to enjoy independent living with no personal support staff and able to choose their own utility and telephone providers, internal decorators and plantings of non-permanent plants in a small garden. The Trust is responsible for all the structures and maintenance of the grounds. 24 hour emergency cover for heating and cooking crises was also provided using British Gas HomeCare.

The aim of the Trust had always been to provide accommodation at a low cost to persons who had come into reduced circumstances. Originally this was to be restricted to people over the age of 60, born and living in Sheffield and being practicing members of the United Reformed or Congregational Church for at least 5 years.

With the passage of time, a reduction in poverty, regulatory improvements to social and later private rental housing, together with increased home ownership has reduced the demand for homes of this type. As a result, the Trustees have reduced the strictness of the original conditions for residency by amending the ‘Rules’ and been successful in meeting the needs of some non-church attending residents who satisfied many of the original conditions from illness to difficulties with stairs.

Unfortunately, there has been no success in finding the missing Charge Certificate and it has been discovered that our solicitor can find no trace of the original Deeds of the Homes and further talks will take place. As a result there has been no progress in considering the adjoining neighbours request mentioned last year.

The Trustees have found some difficulties in attracting new Trustees as existing ones have either died or taken on extra voluntary jobs in their home churches, together with increasing regulations and are considering the numbers required for the future.

During this year the Homes have all had new, improved insulation and front doors fitted with other improvements in order to increase comfort and other measures will come to fruition as income allows.

Charlton and Linley Homes
Income and Expenditure Account
for the year ended 5th January 2023
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
9,910
30,237
-
-
1,600
-
2023
£
31,210
9,743
22,539
-
-
40,147
(8,937)
593
-
1,600
(7,337)
-
(7,337)
344,387
(7,337)
-
30,237
-
-
-
367,287
Page 1
2022
£
30,585
32,281
(1,696)
593
(1,103)
8,000
6,897
314,952
6,897
-
22,539
-
-
-
344,387

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 2023
2023
£
Fixed Assets
Tangible Assets
Housing Properties
Cost
3
124,055
Less : Housing Association Grant
107,849
16,206
Investments
2
180,601
196,806
Debtors
Cash at Bank
7,782
7,782
Creditors
Amounts falling due within one year
-
-
Net Current Assets
7,782
Total Assets Less Current Liabilities
204,588
Capital and Reserves
Capital Account
13,983
Designated Reserves
1
(176,681)
Income and Expenditure Account
367,287
204,588
The financial statements were approved by the Trustees on
8,769
8,769
-
-
Page 2
2022
£
124,055
107,849
16,206
180,055
196,261
8,769
205,030
13,983
(123,905)
314,952
205,030

and signed on its behalf by :

Trustee

Trustee

Page 3

Charlton and Linley Homes

Notes to the Balance Sheet as at 5th January 2023

1. Designated Reserves

1. Designated Reserves
Balance as at 6th January 2022
Transfer from General Fund
Donations
AAH Recommendations
Expenditure During Year
Balance as at 5th January 2023
2. Investments
National Savings Bank
Other Deposits
NAA CIF
RMF
CMF
ERF
Graves
Total
(170,185)
5,740
17,701
300
(146,444)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(30,237)
-
-
-
(30,237)
(200,422)
5,740
17,701
300
(176,681)
Market
2023
Market
2022
Value
£
Value
£
-
12,954
-
12,954
-
143,400
-
142,935
69,962
24,247
64,940
24,247
69,962
180,601
64,940
180,136

3. Housing Properties

2023 2022
£ £
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 2023
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
9,910
30,237
-
-
1,600
-
2023
£
31,210
9,743
22,539
-
-
40,147
(8,937)
593
-
1,600
(7,337)
-
(7,337)
344,387
(7,337)
-
30,237
-
-
-
367,287
Page 1
2022
£
30,585
32,281
(1,696)
593
(1,103)
8,000
6,897
314,952
6,897
-
22,539
-
-
-
344,387

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 2023
2023
£
Fixed Assets
Tangible Assets
Housing Properties
Cost
3
124,055
Less : Housing Association Grant
107,849
16,206
Investments
2
180,601
196,806
Debtors
Cash at Bank
7,782
7,782
Creditors
Amounts falling due within one year
-
-
Net Current Assets
7,782
Total Assets Less Current Liabilities
204,588
Capital and Reserves
Capital Account
13,983
Designated Reserves
1
(176,681)
Income and Expenditure Account
367,287
204,588
The financial statements were approved by the Trustees on
8,769
8,769
-
-
Page 2
2022
£
124,055
107,849
16,206
180,055
196,261
8,769
205,030
13,983
(123,905)
314,952
205,030

and signed on its behalf by :

Trustee

Trustee

Page 3

Charlton and Linley Homes

Notes to the Balance Sheet as at 5th January 2023

1. Designated Reserves

1. Designated Reserves
Balance as at 6th January 2022
Transfer from General Fund
Donations
AAH Recommendations
Expenditure During Year
Balance as at 5th January 2023
2. Investments
National Savings Bank
Other Deposits
NAA CIF
RMF
CMF
ERF
Graves
Total
(170,185)
5,740
17,701
300
(146,444)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(30,237)
-
-
-
(30,237)
(200,422)
5,740
17,701
300
(176,681)
Market
2023
Market
2022
Value
£
Value
£
-
12,954
-
12,954
-
143,400
-
142,935
69,962
24,247
64,940
24,247
69,962
180,601
64,940
180,136

3. Housing Properties

2023 2022
£ £
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