2022-12-31-accounts

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of On accounts for the year ended Set out on pages	St Anne’s Bedehouses	St Anne’s Bedehouses	St Anne’s Bedehouses
	31 December 2022	Charity no (if any)	221541
	1 – 8

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2022. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• the accounting records were not kept in accordance with section 130 of the Charities Act; or

• the accounts did not accord with the accounting records; or

• the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 11 May 2023 Signed: Name: Linda Lord Relevant professional BSc BFP FCA TEP qualification(s) or body (if any): Address:[Streets Chartered Accountants, Tower House, Lucy Tower Street, ] Lincoln, LN1 1XW

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IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

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rHARnYmhwMI st Anne's 8•dohous•s Ch4rlty No.. 221541 R•c•lpts and payments accounts For tho pgrfod Irom CC16a 0110112022 3111W2022 Section A Receipts and payments Unrestrfcted funds thv Rttstslcted fundB Endowment fund tolh•npwutE tothR n••r••i£ th• n••r¥•tt Al R¢¢•l t• L4unOryiXOIP 2Sfj 255 315 110 17 chap￿F￿n0 1or05lrqcdv•J 11$￿I￿v0VI 18 78 67• Sub tolal(GrD&8 tyJctTh forARI 61,006 •n •• lable. Sa￿01￿V•&￿•n1O Ltyvnfrw men Tot•lr•ts .60 83S I￿￿rIncI Cyibtthl ￿MIn￿n4n¢# omttn 225 131 3.555 13.976 10.$81 18.13 19,J13 274 Admini6tril￿ Counrwfax G•nA￿1q￿ 4nkchv Z74 625 ￿nIE￿r￿1￿ f••• 1.500 SubKn Sub tot•1 94.6S2 54,052 51,687 A4 Ass•l •nd Snvg•trn•nt AddrtHJft# Dndc 1Lqlw￿kS Tep 265 Sub tot•1 I1,￿5 11.695 6fj,347 80,J47 68.899 Netof recelpWfp•ym¢nl$l ASTran$f•r6 b•twMm fund* AO Cash funds last year ond Cash funds rthls yearend 5.341 &341 5,2YI 17,669 11324 17,fjfjS 12.324 22.45fj 17.665 CCXX Rl ISSI IZIQ4Q023

Section B Statement of assets and liabilities at the end of the eriod Unrastriot#d funds n￿1£ R4strictèd funds EndOwtt￿nL fundi Categv¥le n••r••te B1 Cash lundi C•&h •Its￿ Tol•l c•h lund 12.324 IlnrMtwlct•d fund¥ RMtrlct•d fund• EndownDt fund ••T••It Dvl4ilJ 82 Oth•r mgn•t•ry 4•••ts 83 Inw4•tm•nt M&G Inwilm￿ i• Fund kohloh G￿rr•￿I¥ll￿• D•¢¥lls Equipm•ni Hou Fwop 84 A••et retalnod for t Cha￿ty• own u•• UnrélthlÈd 7,521 753.111 lund 40,91• •An(yr4du• 02ta115 BS Llbllltl•J UDr•#tdctqd fun Signed byone Drtv truItE￿an Slgwlure Prfnl Name 08le of ro mrNF￿￿￿ Ch￿rnIn CCXXA2acciJunts ISSI

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01101r22 to 31112122 Charlty name: St. Anne's 8edèhousei Charlty reglstratlon number: 221541 ObJectlve8 and Actlvltles SQRP r$f•r￿• Surnmary of the Purposes of Ihe charity as set out in its governSng document P4A 1.17 The m8in objectives of the charty are a8 folbws.. 1. ' The provision of housing accomnlodalicffl for b8nefidari8S. 2. The maintenance of the Ch8p81 adlacent lo the houses which is used for the performance of Dlvine Service in accordance with riles and cer8monl88 of the Church of England for the use of tha r881dents and v181tor8. 3. Such charkable purpose5 lor the benefll of thè resldents 83 the Tru51ee5 dedde. The land held musl b8 retained by Ihe Twslee3 for use for the objects of the charity. Summary of the main aCtI￿tIeS in relauon to those PUTpose5 for the publlc bonefll, In partlcular. the activities. projects or services identSfied in the accounts. ststement confimibng whether the trustees have had regard to the guidance issued by the Charity Commission on publlc benefrt P￿3 1.17 Ind Consolidation which began in 2021 has continued throughout 2022. Considerable effort was directed loward restoration of full occajpancy in the interest of maintaining lively ￿MmUnItY whilst opllmlslng revenue, PHrn 1.16 In setting objectives and planning f activities. the Trustees have gwen due consideratson lo general guidance publishod by th8 Charity Commisslc relatlng to public ben¥fit.

Addltlonal Infoimatlon loptlon•l You ma Cho[￿ lo include further sla18rnents where relevant about.. SORP rel￿nce Contribution mado by volunteers PoF¥L 1.36 Achievements and Performance SORP rof*wo6 Summary oflh8 main gchlevements of the charity, identifying the drfference Ihe choritys work has made lo the clrcum5tances of its benefldarfes and ony vlder benefits to society 05 8 whole. The year saw the conclusion of the latest cycle of renovalion work wth the provislon of new walk in shower armngements in No 2, The only h¢)use which now remalns lo b8 r8nov8led Is No 7 but, bafora that can be contemplated, the trustees recognised that economic headwinds compelled them lo take steps lo strengthen the ba18nce 8heel. R8slor8Uon of full occupancy by the end of the year certainly helped. bul by October il Was 8PP8r8nl that 8 subst8nti81 incre88e in Weekly Maintenance Conlributlon8 was un8voldable and essen11811o combat Inflallon, partlcularly In the Ileld ol energy prices. Residents were 8ccordingty wamed to expect IhI8 In Aprll. 11 was wlth great regret that the trust888 learned Ihal the Warden wished to Tetsre In Apr51 an¢Y, by the 8nd of the year the su commltlee charged wllh recrurtlng succassor had (Jecl(Jed that employment of pulabl8 specialist recruitment agency was the only sure way of engaging a sultsble successL¥. On 8 posltlve note, a generous offer lo design a website for the charity wthout charge has been taken up and we can look forward lo seeing the product in the Spring.. 11 should help to ensure a steady flow of appliGanls for vacant housos and to bol¥ler st Ann8s' profil8. P•r• 1.20

Financial Review Review of the charity's rinancial position at the end of the period Para f.21 The charity recorded 8 deficll of £5,341 al the end of the year compared with a deficit of £5.291 in th8 pr8vious year. Consequently the cash balance carAed foNard to 2023 was reduced to £12.324. Income was in line with the previous year's perfomance. Statement explaining the policy for holding reserves stating why thèy arè held P8th 1.22 The Trustees endeavour to m8lntsSn suffiuent revenue reseryes whlch lo fvnd future malntenance and repairs. The Trustees conslder that a mlnlmum balance of £5,￿0 should be held in order to meet worklng capllal requirements and any unexpected shortfalls In Income Incre8sas in expandilure. Amount of reserves held P•rn 1,22 The charity held cash Te8erves of £12.324 al the'31 D8c8mb8r 2022, all of which are unrestrlcled. Addltlonal Inforniatlon lop15onal) You ma choose to indude further sl8lemenl8 where relevant about: The majority of the charity's Income Is gengraled from wee￿Y maSnlenance contributions. The charity's principal sources of funds lindudlng any fundraislngl Pai4 1.47 Laundry recelpls, donatlon8 Iprlncipally from Chapel coll8Ctlons1 subscTiPtlon8 to the communal bloadband seNSce g8nerale less than 3% of total r8venu8. In I￿h1 of the Inflotionary pressures rep(xled 8bove. malnten8nce of the current level of reseN8s has lo b8 th8 Inillal larg81 of the trustees. Accumulallon of reserve8 wllh which to lund mprovemenls Is a secondary objective when circumstances ermll. The current condltlon of the central heatlng boilers in the houses remains a concern because of the hlgh cost of replacement. However (( 15 now envisaged that inflation has peaked and that the measures taken lo combat it wll prove successful. Investment policy ond objectives including any soclal inv8slment policy odopted P4M 1.46 A descripllon of the ylnclpal risks facing the charlty P•rn 1.48

Structure, Governance and Management Descripti(￿ of charity's trusts.. Type of govemlng document Para 1.25 Sl. Anne's Bedehouses is a registered charty. number 221541. The scheme which governs the assoclauon is dal8d 30 March 2000. How Is the charlty consts'luled? le.g unincorporated assoclatlon, CIO Trustee selection methods Sncluding dèt8ils of any con511tution81 provlsions e.g. eleclion lo post or name of any person or body enlided lo appoSnt one or mor Iruslees PJFB 1.25 Unlncorporated reglstered cha￿ty In England and Wales. P•r4 1.25 There should be one ex-ofricio Irustee and 9 co-opted trustees. No fewer than three of these should be ordalned ministers of the Church ol England who at the date of their respect￿8 appolnlmonls are resldent wllhin a radlus of 12 miles ol Lincoln Cathedr81, Th8 names of the trustees who 8eNed durfng the year are set out below Addltlonal Infomiatlon loptlonal) You ma choose to indude further slalements where relevant about.. Prospective Trustee6 are made fomlliar wllh the opèr811ng framework and methods of the Tfust. and the specthc legal r8sponsibilllies are gxplainod to any wlthout previouy experience as Charitablo Trustees. Hlslorlcally th8 charity wa8 a reglsl8red provider of regulated social housing. In the year ended 31 December 2017 Ihe chaTIIy began the application proces5 to deregisler as 8 Provlder and this was completed in the ye8r ended 31 December 2018. Policles and procedures adopted for the induction and tralnlng of trustee5 P4r• 1.51 The charlty's oryan188llonal structure and any wder network wlth whith the charity works P•rA 1.61 Any connecuon between Truslee5 of the cha￿ty ￿th a suppller must b8 disclosed lo the lull board of Trustees in the same way as any other contr8CtU81 relallon8hlp wllh related party. In the current year no such related party transactions were reported. Relationship with any related pat￿86 P4rn 1.51 Referonce and Admlnlstratlve detalls Cha name Other name the chari uses Islered chari number Charity's princlpal address Sl Anne's Bedehouses 221541 9 Sl Annes Bedehouses Sewell Road Lincoln LN2 5QS

Names of the charlty trust•o8 who manage the chartty Dat•s actsd Wnot forwhol ar Trnst•• nam• Offict111 artyl N•m¥ of pgr50n lor body) •ntltl•d toa Ifan The Bishop of Lincoln Mr Nicholas Frederick Hackett Mr M8rk B8lcheler MT5 Jlll Moncasler The Revd David Mowbray The Revd Canon Paul Vincent Nobla Mr Steven Speighl The Revd Richard Steel Mrs Joanna Elizabeth Thornton Appointee of the Bishop- Chairman Appointed 21.01.2022 Appointed 22.04.2022 Mrs Mari8nno Walkin8 10 Cor orale truste88- names ol the dlrectors at the dale the re Dlr•¢tor n•m• ortwa88 roved Name of tnjstees holding tllle to property belonglng lo the charfty Tm•tw n•M• D¥¢u •¢t•d If notf(YvthD ••r Funds held as custodlan trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on wh08e behalf the assets are held and how this f8118 within the custodian charity's objects Oelails of arrangernenls for 88fe ojslody and segregation of such assets from the charity's own as5els Addltlonal InfgThatlon {optlonall

Names and addresses of advlsers (Optional I￿ormatIon) Type of advlsor .Independ8nt ' Examlngr Name Addre•• Linda Lord BSC BFP FCA TEP Streets LLP. Tower House. Lucy Tower Street, Llncoln, LN1 1XW B•nkers National WeslminSster Bank PIC 225 High Street Lincoln. LN21A2 Nam• of chlof •x•cutlv• or name• ol senlor staff members {Optlonal Infomiatlon) Exemptlons from dlsclosure R8880n f( non-disclosure of ke ersonnel details other o tlonal Informatlon D8claratlons Th• tru•t••J d•cl•r• th•t th•y hav• •pprov•d th• tru8tM•' rnport abov•. Slgn•d on b•hll oltho ch•rlty'i tru•teos Slgn•tur•{•) Full n•m¢ls} Posltlon l•g Socr•tary. Chalr, etcl Mr N F HaGkett Chairman Truste8 Dat$