2021-12-31-accounts

CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES	CHARITY COMMISSION FOR ENGLAND ANO WALES		StAnne's Bedehouses	StAnne's Bedehouses	StAnne's Bedehouses			Charity No: 221541
									Receipts and		payments		accounts			CC&ea
								from		01/01/2021		To		31/12/2021
								Unrestricted funds		Restricted funds	Endowment funds			Totalfunds		Lest year
								to the nearest f		lo the nearest f	lo	the nearest 5		lowe neareslf		lo the nearesl6
A1Recei ts
Nel income from rents								81 819						61	819	58 110
Laund receipts									1 337					1	337	885
Donations									315						315	234
Chapel Fund									120						120	456
Inleresl received									17						17	370
Sub total (Gross income						forAR)		63,608						63,608		60,0N
seat an	nvsstmant				sa ss
see table .
Sale of inveslmenls																16999
Loan from Almshouse's		Assocalion														31092
						u	a									48,091
A9 Pa nts
General ulililies									3,959					3	959	4,260
Chapel ulililies									835						835	695
Insurance									6.010					5010		3.710
Contract Payment																1,562
Cyclical Maintenance									1 848					I	848	4,028
Exlraonfina repairs/improvemenls									3,655					3	665	404
General Repairs								13,976						13,976		8,327
AdminislraBon selanss								19.581						19.581		18.644
Coulicil Tex									67						67	698
General expenses									1,016					1,015		1,390
Bank charges
Professional Fees															63	250
IndspendenlExeminslion			Fees						1,500					1,600		1,500
Suusciiplion - Nalionel		Assoclelion							288						tee	21e
					Sub total			51,687						51,687		45,882
A4 Asset and	investment
Additions and ca	ilai works							I	3,947					13,947		50,343
Almhouses loan reps		ment							3,265					3,285
NalweslPlcMorl	a ere a			ments												9,031
					Sub total			17,212						17,212		59,374
		Total Payments						55,999			-		-	e8,898		195,056
Nat ofracaiptsl(paymants)								-	5,291					5,291		3,091
A5 Transfers	between			funds
A6 Cash funds last year					and			22,95
Cash	funds		this		year and			17,665						17,665		22,956

Objecti	v	e	s and	Activ	iti	es
						SORP reference
Summary		ofthe purposes			of		The main objectives of the charity are as
the charity			as set out	in its			follows:
governing		document					1. The provision of housing
							accornrnodation for beneficiaries.
							2. The maintenance ofthe Chapel
							adjacent to the houses which is
							used for the performance of Divine
							Service in accordance with rites and
							ceremonies ofthe Church of
							England for the use ofthe residents
							and visitors.
							3. Such charitable purposes for the
							benefit ofthe residents as the
							Trustees decide.
							The land held must be retained by the
							Trustees for use for the objects ofthe
							charity.
Summary activities		ofthe main in relation to those				Para 1.17and 1.19	From the outset the year was seen and has proved to be one of recovery from the
purposes		for the public					Coronavirus and restoration of communal
benefit,	in particular,			the			activity, accompanied by financial
activities,		projects or					consolidation following the heavy outlay on
services	identified in			the			renovation work which was made in 2020.
accounts.
Stateinent			confirming			Para 1.18	In setting objectives and planning for
whether	the trustees			have			activities, the Trustees have given due
had regard			to the guidance				consideration to general guidance
issued by		the Charity					published by the Charity Commission
Commission			on public				relating to public benefit.
benefit

Additional		information	information	information	(optional)	(optional)
You ma	choose to include					further statements	where relevant about:
						SORP reference
Contribution			made	by			As always the principal contribution by
volunteers						Para 1.38	volunteers has been the support afforded
							to residents by their friends and families.
Achieve	m	e	nts	and	Performance
						SORP reference
Summary		of	the main				A year during which we have said farewell
achievements			ofthe charity,				to two of our trustees Steven Roper, who
identifying the difference charity's work has made the circumstances of its					the to Para 1.20		retired after many years of service, and Alun Jones and two residents, Martin Rose and Susie Parry, all ofwhose lives were
beneficiaries			and any wider				claimed by cancer.
benefits to whole.		society		as a			By the year end one potential new lay trustee had been identified and work was in
							hand to recruit new residents for the
							vacated houses.
							Thankfully no one in the community contracted Covid 19and the easing of
							restrictions enabled the trustees to meet
							again in July in the Chapel where regular
							services have resumed on the basis of a
							weekly service of morning prayer
							interspersed with Sunday Communion
							services.
							In financial terms, the year was seen from
							the outset as one ofconsolidation following
							the heavy programme of renovation carried
							out in 2020 and so it proved. The final
							payment of612,000for renovation work
							was made in January and June saw the
							restoration ofthe North boundary wall in
							collaboration with the adjoining owner,
							whilst a quinquennial electrical inspection
							was carried out in October.
							In the second half ofthe year the plan had
							been to begin to rebuild our reserves by
							regular payments towards future Extra
							ordinary Repairs.
							However, the end ofthe year threw up a
							number of challenges foremost among
							which in the short term was the
							unexpectedly high proportion ofvacancies,
							in the medium term there are indications
							that a number of house boilers may need
							replacement and in the longer term
							inflation, particularly ofenergy prices, may constrain further developments for some
							time to come.

Financ	ial	Review	Review	Review	Review
Review	of	the charity's					Para 1.21	The charity recorded a deficit of65,291 at
financial	position			at	the	end		the end ofthe year compared with a
ofthe period								surplus of63,091 in the previous year
								Consequently the cash balance carried
								forward to 2022 was reduced to 617,655.
								Income was in line with the previous year'	s
								performance.
Statement		explaining			the		Para 1.22	The Trustees endeavour to maintain
policy for holding				reserves				sufficient revenue reserves with which	to
stating	why		they	are	held			fund future maintenance and repairs. The
								Trustees consider that a minimum balance
								of f5,000 should be held in order to meet
								working capital requirements and any
								unexpected shortfalls in income	or
								increases in expenditure.
Amount	of	reserves			held		Para 1.22	The charity held cash reserves of217,665 at the 31"December 2021, all ofwhich are
								unrestricted.
Additional		information				(optional)
You ma	choose to include further statements							where relevant about
								The majority ofthe charity's income is
								generated from weekly maintenance
The charity's principal sources of funds (including							Para 1.47	contributions.
any fundraising)								Laundry receipts, donations (principally
								from Chapel collections) and subscriptions
								to the communal broadband service
								generate less than 3%oftotal revenue.
								In light of the financial constraints reported
								above, maintenance of the current level	of
Investment objectives		policy and including any					Para 1.46	reserves has to be the target for the foreseeable future.
social investment				policy				Accumulation of reserves with which to fund
adopted								improvements thus becomes a secondary
								ob ective when circumstances ermit.
								The current condition ofthe central heating
								boilers in the houses is a concern and the
A description			ofthe		principal		Para 1.46	heating contractor has been asked to report
risks facing			the charity					on them individually when carrying out the
								next annual safety inspections.
								Inflation is the other major challenge and a
								decision in October to increase Weekly
								Maintenance Contributions now looks
								increasingly likely.

Description ofcharity's
trusts:
Type of governing document			St. Anne's Bedehouses is a registered
(trust deed, royal charter)			charity, number 221541.The scheme which
			governs the association is dated 30 March
			2000.
How is the charity		Para 1.25	Unincorporated registered charity in
constituted?			England and Wales.
(e.g unincorporated
association, CIO
Trustee selection methods		Para 1.25	There should be one ex-officio trustee and
including details of any			9 co-opted trustees. No fewer than three of
constitutional provisions	e.g.		these should be ordained ministers ofthe
election to post or name	of		Church of England who at the date oftheir
any person or body entitled			respective appointments are resident within
to appoint one or more			a radius of 12 miles of Lincoln Cathedral.
trustees
			The Trustees who served the charity during
			the period are listed on page 6to this
			trustees' re ort.
Additional information	(optional)
You ma choose to include further statements			where relevant about
			Prospective Trustees are made familiar
			with the operating framework and methods
Policies and procedures adopted for the induction and training oftrustees		Para 1.51	ofthe Trust, and the specific legal responsibilities are explained to any without previous experience as Charitable
			Trustees.
			Historically the charity was a registered
			provider of regulated social housing. In the
The charity's organisational structure and any wider		Para 1.51	year ended 31 December 2017the charity began the application process to deregister
network with which the charity works			as a provider and this was completed in the year ended 31 December 2018.
			Any connection between Trustees ofthe
			charity with a supplier must be disclosed to
Relationship with any related parties		Para 1.51	the full board ofTrustees in the same way as any other contractual relationship with a
			related party. In the current year no such
			related party transactions were reported.

Refere	nce and	A	dminist	rative details	rative details
Charit	name			St Anne's Bedehouses
Other name the chari			uses
Re istered charit		number		221541
Charity's	principal	address		9St Annes Bedehouses
				Sewell	Road
				Lincoln	LN2 5QS

Type of	Name		Address
adviser
Independent	Linda Lord	BSC	Streets LLP, Tower House, Lucy Tower Street, Lincoln,
Examiner	BFP FCA TEP		LN1 1XW
Bankers	National		225 High Street
	Westminister Pic	Bank	Lincoln, LN21AZ