|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| ## ##