MOORE Kingston Smith
THE PARISH CHURCH OF ST. PETER, ST. ALBANS
UNITED ALMSHOUSE CHARITIES
Statement of Unaudited Accounts
For the year ended 31 December 2020
R•glStored Charlty No, 221416

THE PARISH CHURCH OF ST. PETER, ST. ALBANS
UNITED ALMSHOUSE CHARITIES
GENERAL INFORMATION
For the year ended 31 December 2020
Ch•rlty Numb•r
221416
Addr￿¥
St. Pelef8 Church Office
Sl. Peter's Street
St. Albans
Hartfordshlre
AL1 3HG
Bank•r8
CharlU8s Ald Foundation 8ank Ltd
25 Kings Hill Avenue
Kings Hill
West Malllng
Kant
ME19 4TA
C8nlro1 Board of Flnance of tha Church of England
Sen81or House
85 Queen VSclorla Street
London
EC4V 4ET
The Sl. Alb8ns Dlocesan Board of Fln8nce
Howell Lodge
41 Hill
Sl. Albons
Hertlordshlre
AL11HE
lTrd•p•nd•nt Eumln•r
Moore Kingston Smllh LLP
4 Victoria SquBre
Sl. Albans
Hertlordshir
AL13TF
Page 1

THE PARISH CHURCH OF ST. PETER, ST. ALBANS
UNITED ALMSHOUSE CHARITIES
TRUSTEES. REPORT
For the year ended 31 December 2020
The trustees present their ieport and the financial statements for tha year ended 31 December 2020.
Constitutlon and Objè¢ts
The charity was 8Stablished under a scheme dated 27th February 1953 and w8s régistered as a charity on 8th August
1963. numb8r 221416.
The charfly's object8 are the adminlstro1Son and malnlenance of 6 Alm8houses.
Tru¥te•s
During the year the Trusl88s were..
Mr Mark Waller
Mr Mlke Langston
Mr Rlchar(18uller
Mr Peter Court
Revd Mark Dearnley
Mr Paul 08an
Mrs Kale Rudli
Chairman
Treasurer
8x.offl¢lo
appc4nled 30 May 2020
Furthgr trustee appolnlmen18 are made by the Gurrenl Iru$leg8.
A¢tlvltl•• •nd achl•v•m•nt•
Income In the year was 98neraled from Inve¥lments and malnlenance ¢onlrSbullon which arnounl8d lo £26,637 The
funds were 8penl on the maintenance, rep8lrs, supply ol w81er and centr81 heallng for 6 Almshous88.
R•*orv•• Policy
The trustees alm lo ka9p 8 mlnimum of £SO,000 In unrestrlcte(I fund8.
Compllanc•
The accounts comply wlh 811 current stalulory roquSremenls, the requlremen15 of thé Trust Deed and thè raqulrements
of the Slalemenl ol Recommgnded Pracllce 8ppIIc8ble lo chariti85 prepartng Ihair accounts in accordancg with th8
Flnanclal Reportlng Standard 8ppIKable in Ihg UK and Republic of Ireland {Tha FRS 102 Charltles SORPI.
Publ1¢ 8on•flt
The Trust88s have given due consideration lo Charity Commlsslon guidance on the operallon of Ihe Publlc Ben8f
requ1￿ment and idgnlify that b8nolit occurs in ihese categorie8, whlch are all ￿rrIOd out for the purp08e ol the
administratbn and malnlenanc8 of 6 Amshouse8'.
provlding accommodalSon for the ek1erly In need in the parlsh of St Petorfs St Albans
gn8bllng the elderly lo live independently ¥￿thIn 8 safe and caring community
8llevialing pressu￿ on th8 Stock of S￿la1 housing in Sl Albans by providing Spgcific housing for ihe elderfy in
need.
Page 2

THE PARISH CHURCH OF ST. PETER, ST. ALBANS
UNITED ALMSHOUSE CHARITIES
TRUSTEES. REPORT {CONTINUEDI
For the year 8nded 31 December 2020
Statom•nt of Tru8teg8' R•spon$lbllltlos
The Irusle88 are r&9pon￿b1e for preparfng tho Trustees. Report and the flnanclal st818menl$ in
accordance with applicable law and Uni19d Kingdom Accounlbng Standards.
Th8 law applicablg to Char￿188 In England & Wale8 requires the Iruslegs to prgpare fin8ncio1 slatemenls
for each IlnancS8l ye8r whlch giva a true and fair view of the stalo of the 8ffairs of the charity and of the
Incomlng res¢urces and 8pplicalion of rasourcos of the charlly for Ih8t pwiod. In preparing these
flnanclal statements. the trustg9s aro roquired lo..
select suitable accounllng pollcles and than apply thgm ¢onslslontly',
observe the method5 and principl8s in the Chari118s SORP..
make judgements and aslimales that are reasonable and prud8nl'.
sta18 wh8thar applicable accounung standards hav8 been followed, sublaci lo any m8lerlal departur88
dl8clo8ed 8nd explalned In the flnancial slatam8nls',
prepare the financlal slalements on th8 golng concem ba818 unles81118 Inapproprfale lo presuma that
the charlty wll contlnue In oper8110n.
The Iru81èe8 ar8 TasponBible lor keeplng prop6r accounung records that dlsclose wtth rg83onoblg
accuracy a18ny tlme the Ilnanclal posllion of the charity ond onable them to ensure Ihal the fbnancial
818lemenls comply wlth the Charlties Act 2011, Iho appllcable Char￿Y {Accounls and Reportsl
Regulatlons and th8 provisions of the trust deed. They 8r8 8180 rasponsible for safeguarding the ass8ts
ol the charity and hence for laklng re88onable 3tsp8 lor the pr8v8nlion and detection of froud end other
Irregularillo8.
On beholf of the Trustees
Mr. M. Lang#t
Treasurer
Dale..
I,Iz
GZI
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
UNITED ALMSHOUSE CHARITIES
For the year ended 31 December 2020
I report on the accounts of the United Almshouse Charities for the year ènded 31 De¢embor 2020, which
comprise the Statement of FinancAal Activities. 8alan¢e Shèet and r8lalèd not8s.
ReBpective Re5ponsibilltles of Trustees and Ex•mln0r
The charrtvs trustees are responslble for the preparallon of the accounts. The ch8rrty's Irusle88 consider that an
8udit is not requlred for Ihls year under section 144121 of th6 Charities Act 2011 Ilhe 2011 Act) and that an
ndependent examlnation is needed.
It18 my ￿spOnsIbl11fy to:
examSne the accounts under section 145 01 tha 2011 Acl,
lo follow the proc8dur8s l3Sd down In the general Direcllon8 glvan by Ihè Charfly Commission undèr
saciion 14515llbl of the 2011 Act,. and
10 81818 v4hglher particular malier8 have come to my attention.
Basls of Ind•p•nd•nt Examlnerfg Report
My examlnalion was carriad OLJI In accordanc8 with the g8n8r81 DlreclSons glven by the Charity Comm1881on. An
gxamlnation includes a revlow of the accounllng rècords kept by thé charity and 8 comparison of tha accounts
presented with th088 records. It also Includ8s consldgrallon ol ony unusual Item8 or disclosures In the account8,
and seeklng explanalSons from you as Irustegs concarning 8ny such mallers. The precedur88 undertaken do not
provid8 all th8 evidence that would be requlred In an audit and consequently no oplnlon is glven os to whelher the
accounts present a 'liue and falr vl8w' and the report is limlled to th038 rnallers sol out In the $lalement below.
Indop?ndent Exllmln•rf• St•t•m•nt
In connecllon with my 8xarnlnalk)n, no matter has come lo my attenllon..
11) whlch glve8 me reasonable causa lo believe Ihol in any malorial respect the requlremenls..
to keep accounting records In accordanca wlth sg¢1ion 130 of the 2011 Act,. and
to prgpare accounis which accord with tho 8ccounling records and compty wlth the acc￿n[lng
requlrem8nl8 of tho 2011 Act
have not bean met.. or
{21 lo whlch, in my oplnlon, 8ttenlKJn should ba drawn in order lo enable a proper understanding of Ihg 8ocounls
lo be raached.
SILVIA VITIELLO
Moor• Klng8ton Smlth LLP
Chartered Accountants
4 Viclorl8 Squara
St. Albans
Hertlordshir
AL13TF
D8te.' 2210612021
Pago 4

JO

THE PARISH CHURCH OF ST. PETER, ST ALBANS
UNITED ALMSHOUSE CHARITIES
BALANCE SHEET AS AT 31 DECEMBER 2019
Not•
2020
2020
2019
2019
Flx•d A•set*
Tangible fixed ass&ts
Investments
1,380,000
184,795
1.564,795
1,380,000
182.995
1,582,995
Current A8S•ts
Olh&r d8blor8
Deposit fund
Cash al bank
5,145
40.011
42.808
87,962
1,988
37,903
33.632
73,503
Llabllltl••:
Credltor8.' Amounts falllng dug vAlhin one year
268
260
N•t curr•nt aJs•ts
87,694
Total N•1 A•i•ts
1652,489
1,636.238
Tho funds gf lh• charlty
Unre51ricled funds
1,652 489
1636,238
Theso accounts were approved by tho Tiuslee¥ of Unilod Almsh¢)use Charitses on
thelr behaw..
and signed on
Mr. M. L•ng8to
Trustee
Pag8 6

THE PARISH CHURCH OF ST. PETER, ST ALBANS
UNITED ALMSHOUSE CHARITIES
NOTES TO THE ACCOUNTS
For the y8ar ended 31 December 2020
Ac￿U￿ting Pollcles
•) The financial slalemenls have been pr8par8d in Becord8n¢e wtth the Statement of Recommended Practice
applicable to chariti8s pf8paring thèir 8ecoun15 in accordance wlh the Financial Reporting Standard applicabl8 in
the UK and RapUbl￿ of Iréland {The FRS 102 Charities SORPI and Charities Act 2011.
bl The 8ccounts h8ve bean prepared on a going concern basis. The Truslees believe thls Is an approprlale ba818
giv￿ the consislenl level of income receivable.
cl Land and buildings hold on bohalf of tho ch8rily fci lis own purposes is valued al market value. No depreciatlon
Is charged against such properties bul 8ny mainl8nance or improvement Ss written off as incurr6d.
d) Inve51menls are ststed at marf(8t V8lu8 Bt the balance sheet d8t8. The not galns and 108868 cfi r6v8lualion and
disposa15 are charged lo the Statement of Financial AclivS1ies.
•) Income and expenditure is included in th8 accounts in the perlod to vthlch It relates. There are no expen885
common to all activi118S that require all(￿0¢10n beknn headings.
fj Unreslricled funds
these are funds whl¢h be used in accordance with the charitable objects al th
discrellon of the trustees.
91 Cash 01 bank and in hand
cash al bank and cash In hand InGludg$ ￿$h and short lerm hlghly Ilquld
Inveslmenls with a short malurlly of Ihrae monlhs or less from the dale of aoquSs+Uon or opening of the dew811 or
8imllar account.
h) Flnancial inslnjmenls - the charity only has linanclal assets and flnancial li8biliti8s ol a kind that qu81ily as bas
financial in51rumenls. Basic finan¢lal Instruments are initially recognised al Iran5aclion value and Bubsequently
measured 01 their settl8menl v8lue.
2 Other co•t•
2020
2019
Independent exaMIn8￿on
Insuranc
Subscriptions
8ank Chargos
Adminislr811ve 8aL8ries recharge
Sundry
280
1,138
359
60
2.700
115
4.632
254
1,102
169
1,585
3 Tru8te•s
No trusteo recelved any remuneration for their services or the reimbursomont of gxpgns95 during the year12019'.
£nll}.
Pag8 7

THE PARISH CHURCH OF ST. PETER, ST ALBANS
UNITED ALMSHOUSE CHARITIES
NOTES TO THE ACCOUNTS
For the year ended 31 De¢ember 2020
4 TangSble fix•d assets
Fr•èhold
Ignd and
buildings
At 1 January 2020
1.380,000
At 31 D8cember 2020
1,380.0
N•1 book valuo
At 31 Dgcember 2020
1,380.000
Al 31 December 2019
1,380,000
6 Investm•nts
2020
2019
Mark&t valua at 1 J8nu8ry
Addibon5 (dividends rainv8sled}
Unr8alised galns I (Ioss881
182,995
2,242
442
154,442
2,113
26,440
Market value at 31 December
184.795
182,995
Al 31 Decgmber 2020 the f01ltr￿ng Inve8lment holdlngs ex¢eedgd 5% of the portfolS0 value..
2020
2019
M&G Accumulallon lurKI
M&G Income fund8
Central 8oard of Flnance
55,879
47,398
57.716
51.224
74,054
184,794
182,995
O Oth•r d•btor•
2020
2019
Prepayments and accrued income
An•lysl$ of movem•nt of funds
vftrè81i￿d
Paymgnts gainsllloss•#l Balance
3111212020
Balance
0110112020
Inv••tm•nt R•c•ipt8
Income
G8neral Fund8
256,238
4.355
24.210
111,806)
1448}
272.489
Rovaluatlon
Reserve
1,380.000
1.380,000
1,636,238
4,355
24.210
111.8681
14481
1,652.489
Paoe 8

THE PARISH CHURCH OF ST. PETER, ST ALBANS
UNITED ALMSHOUSE CHARITIES
NOTES TO THE ACCOUNTS
For the year ended 31 D￿ember 2020
An•lysis of net a•••ts
Unre8trlct•d Rovalu•15on
Fund¥
r•s•rvo
2020
Tot•1
2019
Total
Tangible fixed assets
Investments
Current assèts
Crodltors due wlthln ona year
1.380,000
184,795
87,962
268
1.380,000
184,795
87.962
1,380,000
182,995
73,503
260
Nel A38ets
1,852,489
1.852.489
1.836,238
The revaluation reserv8 Is Induded wlhin unroslrict8d funds.
Page 9