2023-12-31-accounts - The Hospital of St Anne of Appleby

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The Hospital of Sl Anne Regislrotlon number 224867 Annual Report and Financial Statements Year Ended: 31 December 2023

The Hospllal of St Anne Content5 Reference and Administrative Detoils Truslee5' report Truslees, responsibilities Independent examiners report Slotement ol financial activities Balonce sheet Noles to the financial slalemenls

The Hospilal ol St Anne Reference and Administrative Details Charlfy name The Hospital ol Sl Anne Charlty Number: 224867 Prlnclpol offlce The Hospilal ol Sl Anne 8oroughgote APPLEBY IN WESTMORLAND Cumbria CA16 7HW Reglstered offl¢e The H05Pltol of St Anne Boroughgote APPLEBY IN WESTMORLAND Cumbria CA167HW Secretory J Dunhom. Treasurer J Ayres. Clerk lo Trustees other Trustees: Lord Hothfield Ichaimianl Resigned 19th January 2023 Mr C Blockelt-ord Rev. R Collinson Mr A Connell Mr J D Crosby Mr W R Eornshaw Miss J Gray Mrs S Harden Mr G Heelis Ichoirmanl Mr S Rook Mr K Smith Mr W Thwoyle5 Mrs B Wright Mr R Worburton Resigned 181h Jonuary 2024 Resigned I I th April 2024 Resigned 61h Jvly 2023 Appointed 21st Morch 2024 BankeT$: HSBC Market Squore PENRITH Cumbria CAI 17SN Accountants Dodd & Co Limite(J FIFfEEN Rosehill Monlgomery Way Rosehill Eslale Corlisle Cumbrio CAI 2RW Page I

The Hospital of St Anne Trustees. Report for the Year Ended 31 December 2023 The finonciol stolements hove been prepored in accordance with the accounling policies set oul in the notes to the occounls and comply wilh the charity's governing document, the Charities Act ?01 l os amended by Ihe Chorilies Act 2022, and Accounting and Reporting by Chorities.. Slalemenl ol Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financiol Reporting Standard opplicoble in the UK and Republic of Ireland. Objedlves The principol objective ol the Chority in the year under review was the upkeep of olmshovses ol Boroughgale, Appleby in Weslmoreland for Ihe benefit of the Almspeople. and is reguloled by ils charity commission scheme dated 21 December 1965. The Execvllve The executive during the yeor under review were-_ G Heelis (Chairmonl J S Dunham ITreasurerl J Ayres (Clerk) Review of Development and A¢tlYllles of the Charlty During the year, trustees hove been working with a firm of archilecls lo ascerloin the cause of the damp issues which affects the properties wilh o view lo finding o permanent solulion, which ho5 necessitoled the commissioning ol a number ol surveys of the properly. The feasibility of updoling oll collages is being explored. with the possibilify ol accessing gronl funding lo assist in funding the project. which is expecled to be in the region ol £l.I million. To ossist in Ihis a project monager has been appointed by the Trustees and the Chairmon has been oppoinled as a director ot the Almshouse Consortium who will assist in delivering gronl funding. Over the course ol the yeor. investments held by the Trustees made an unreolised gain of £19175 The Trustees hove paid due regard lo the chorily commission guidance on PLJblic benefil, and continued lo ensure almshouse5 belonging to the charity provide lil and comfortoble residence lor Almspeople in occordonce with the scheme and that Ihe chapel of the charily shall be mointoined and used for the purpose ol religious worship. Plans lor the Fvlvre Over the next 12 months. the truslee5 onlicipote to continue moinloining and improving Ihe almshouses for the benefil of the Almspeople, porliculorly exploring the feosibilily ol obtaining gronl funding to update oll the cottages.1115 expected that a tender process lor the final design will be entered into by the middle of 2024. Poge 2

The Hospltal of Sl Anne Trustees, Report for Ihe Year Ended 31 December 2023 Appolntmenl of Trustees There ore l O Trustees overseeing the work of the chorily. Vacancies are filled by individuols showing a commitmenl ond interest in achieving the aims and objeclives ol the chorily. and are elecled by majorily ballot. Rlsk Assessment The Trvslees reviewed the major risks Ihal the charity loces on a regular bases. The Charity has systems in ploce lo control and mitigole any such risks. Re$erve$. The Trustees aim to ensure Ihal sufficient levels of reserves ore mointained lor the continuolion ol the charitable objectives. Al year end there was £48855 01 free reserves. Key management personnel remunerallon. All tru5tee5 give their lime freely and no trustee remunerolion was paid in the yeor. Details of Iru51ee expenses and relaled party Iransocliorns ore disclosed in nole 2 to the accounts. Independent Exomlner The independent examiner, Dodd & Co, will be proposed for re-appoinlment. On behalf ol the Truslees.. Guy Heelis Truslee Poge 3

The Hospital of St Anne Trustees. Responsibllltles in relalion lo the Financial Statements The truslees ore responsible lor preparing Ihe Trustees, Report and the linoncial slalemenls in occordance with opplicable law ond Uniled Kingdom Accounting Slondards (Uniled Kingdom Generally Accepled Accounting Praclicel. The law applicable lo chorilies in Englond and Woles requires the Iru51ees lo prepare financial stotements lor each linonciol year which gives o Irue and lair view of the 51ole of olfairs ol the charity and each of the incoming resources and applicotion of resources of the charity for thol period. In preporing Ihese financial statements. the trustees are required lo: select suilable finonciol policies and then opply them consislently-, observe the methods and prirncipals in the Charities SORP make judgements and eslimale5 thol ore reasonable and prudent: slate whether applicoble accounling 51ondords hove been followed. subject to any maleiiol departures disclosed ond explained in the financial slalements,. and prepared the financial stotemenls on Ihe going concern bosis unless il is inoppropriote to presume thal the chorily will conlinue in business The Irustees ore responsible for keeping proper accounting records Ihot disclose with re050noble accuracy ol ony time the financial posilion of the charity ond enoble Ihem to ensure that the finoncial slalements comply with the Charities Acl 2011. as amended by Ihe Charilies Act 2022. the applicoble Charities IAccounls ond Reports) Regulolions. and the provisions ol Ihe trusl deed. They are responsible for safeguarding Ihe ossels ol the chority and hence lor taking re050noble sleps lor the prevenlion ond deleclion fraud ond other irregularities. Poge 4

Independent Examiner's Report to the Trustees of

The Hospital of St Anne

I report on the accounts of the charity for the year ended 31 December 2023, which are set out on pages 6 to 8.

Your attention is to drawn to the fact that the Charity has prepared the financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.

Respective responsibilities of trustees and examiner

The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 as amended by the Charities Act 2022 (the Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the Act;
follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the Act; and
state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011 as amended by the Charities Act 2022; and
to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

......................................... Joanne Thomlinson FCA Dodd & Co Limited Chartered Accountants

FIFTEEN Rosehill Montgomery Way Rosehill Estate CARLISLE CA1 2RW

2 September 2024

Page 5

The Hospltal of St Anne Slalement of Finonclal Activities for Ihe Year Ended 31 December 2023 Unrestrlcled Funds Restrlcted Tolal Funds Tolol Funds Funds 3111212023 3111212022 Income Donotions 3.089 6,454 1,739 Income from chorilable activitie5 Investment incorne ITolal Income 6.760 6.760 21.438 34.652 20,109 2?,648 31.563 3,089 Expenditure Costs of roising funds , Expendilure on choriloble laclivities Tolal Expendtture 79.124 79.124 3,089 3.089 82.213 37,281 , 37,281 Net goin5 11105sesl on investments 10 19,175 -27.318, f4TFncome l (expendlture) and 'net movement in funds -28.386 -28,386 -34.951 ,Tronsier between funds Nel movement In funds Reconciliolion ol funds: ITolal funds brought lorword ,Totol Funds carrfed lorward -28.386 .34,951, 455,580 427,194 160.OC(J 160,000 615.580 587,194 650.531 615.580 The Note5 on poges 8 10 13 form on integral parl ol these linoncial stotements Poge 6

The H05pilal of St Anne Balance Sheet as at 31 December 2023 Note Uniesfricled Funds Restricted Tolol Funds Total Funds, Fvnds 3111212023 3111212022,, ' Fixed Assets.. ',Tongible osseis Investments 'Total Fixed Assets 183,000 195.339 378.339 160.IKX) 343.(XX) 195.339 538.339 343.0(X) 216,163 559,163 10 160,CKKJ cent Assets.. Cosh al bank and in hond ITotol Current Assets SI,5 51,005 57.167 57.167 51,005, Liabilifies.. Credil(xs falling due within one year Net Current Assets 2,150 427.194 750 615.580 160.000 587.1941 The funds of the charity.. Restricted income funds i Unreslricled income funds jTolal charlty funds 12 160,IX)O 160,(M)O 455,580 615,580 427.194 427.194 427.194 587.194 160.000 The financial slatemenls hove been prepared in accordance with FRS 102 Approved by the Board on ZlY13* and signed on ils behalf by.. Guy Heelis Trustee The Notes on poges 8 10 13 form an inlegrol port of these financial slolemenls Page 7

The Hospltal of St Anne Notes lo Ihe Financial Statements for the Year Ended 31 December 2023 l. Accountlng Pollcles Basls of preparollon The occount5 Ifinancial stalementsl hove been prepared in occordance wilh Ihe Statement ol Recommended Praclice.. Accounting and Reporting by Charilies preporirng their accounls in occordance wilh the Financial Reporting Standard opplicoble in the UK and Republic ol Irelond IFRS 1021 and the Finonciol Reporting Slondard opplicable in the Uniled Kingdome and Republic of Irelond IFRS 1021 and the Chorilies Act 2011 ond UK Generally Accepled Proclice as il applies from l January 2019. The Trusl constitutes a public benefit entry os defined by FRS 102 The trustees consider Ihol there are no moleriol uncertainties about the Trust's ability lo continue as a going concern Fund occounllng pollcy Unreslricled income funds are general funds Ihal are avoilable for use at the Irustees. discretion in furlheronce ol the objectives ol the charity. Reslricled funds are those donoled for use in a particulor area or lor Specific purposes, the use of which is restricted lo Ihat area or purpose. Further details of each fund are disclosed in note 3. Income Donolions ore recognised where there is enlitlemenl, probability ol receipt ond the amounl con be measured wilh sulticienl reliobility. Investment income is recognised on a receivable basis. Income from choriloble octivities includes income recogni5ed os eorned las the relaled goods or Services ore provided) under contract. Expendllvre Liabilities ore recognised as soon os there is a legal or constructive obligation commilling the chority lo the expenditure. All expenditure is accounted lor on on accruals basis ond hos been classified under headings that aggregate all cosls relaled to the category. Choriloble expenditure comprises those costs incurred by the chofily in the delivery ol ils activities ond services lor ils beneliciories.11 include5 both costs that can be ollocaled direclly lo such activities and those costs ol on indirect nature necessory to support Ihem. Poge 8

The Hospltal of St Anne Notes lo Ihe Financial Statements for the Year Ended 31 Decembei 2023 Support costs Supporl costs include cenlrol functions and have allocoted lo activity cost cotegories on o b0515 consistent with the use of resources. for example. allocoting properly costs by floor area5, or per copita, staff cos15 by the lime spent and olher cosls by their usage. FExed Assels Individual fixed assets costing £1 00 or more are initially recorded ot cost. These ossels ore investment propertie5 0$ defined by FRS 102. Investment properties hove nol been subject to a lormol volvation and no depreciolion hos been charged. However. in the trustees. opinion Ihe carrying value of these assels in the accounts fairly reflects their fair value. The charity does nol depfeciole ils buildings as Ihe truslees believe that the policy of conlinuolly moinloining the properly meon5 Ihat ony depreciation chorge would be immalerial due lo the property retaining o high residual value al the end ol ils useful life. Investments Investments are valued ot eoch Bolance Sheet dole ot Iheir market value of investments held by the Charitie5 Official Inve5tmenl Fund ore sloled ol the value os advised by thal fund. Note 2 Related party Ironsactlons and trvstee expenses and Temuneratlon The trustees all give freely their lime and expertise wilhoul ony form ol remunerotion or olher benefit in c05h or kind12022'. £nill. Expenses lotolling £7412022.. £1451 were paid lo 212022..11 trvslees for the reimbursement ol subsistance ond upkeep costs incurred. Page 9

The Hospltal of St Anne Notes to Ihe Financial Statements for the Year Ended 31 December 2023 Nole 3 Analysis of ¢harflable funds Analysls of Fund movement Bolonce,, b/hYd, Income Expendlture Tronsfers Gains and Fund c/fvid lo$$e$ Restricted Funds Unresiricled fund 3,089 3.089 160,( 455,5801 615.580,, 31.563, 79.124, 82,213 19,175 19.175 427,194 587.194 Analysls of charltoble funds prevlous yeor Analysls of Fund movement Boloncei b/fvidi Income Expendlture Transfers Golns and Fund ¢/fvid lo$$es Restricted Funds Unreslricled Ilvnd ',Tot I60,0; 160,(KK) 490,531 650.531 . 28,477 29.648 36.110 37.281 -27.318 455,580 615.580 Nole 4 Donatlon In¢ome 2023 2022 Coileclions '.Donolion5 ITotal 254 6.200 6,454 353 1,386 1.739 In 2022 of Ihe donated income, £568 was altribuled to unreslricled income. Nole 5 Income from chorftable ocllvltles 2023 2022 ,,Maintenance contributions 6,760 7.800 In 2022 of the income from chariloble activities, £78(K) wos oltributed to unreslricled income. Poge 10

The Hospltal of St Anne Notes lo the Financlal Statemenls for the Year Ended 31 December 2023 Nole 6 Investment Income 2023 2022 COIF dividends Renlol Income COIF interest on cash deposit5 Bank interest on cosh deposits Woyleaves 5,463 14,115 1.513, 147 200 14.115, 334 18 2QK) In 2022 of the inve5tmenl income. £20109 was altributed lo unrestricted income. Note 7 Allocatlon of governonce and support Costs |Governon¢e costs: 20231 2022 ' Independent exominers lees Clerk and expenses Total ollocated 1,038 1,338 Alloc¢iknon of governance ond support costs: 2023, Upkeep of the Almshouse estate Total allocated 1,700 1,700, 1.338 The trustees hove decided to meel oll governonce costs from unreslricled funds and 50 no ollocotion or chorge is mode to restricted lund5 for ony governance related costs Note 8 Anolysis ol charftable expendilvre The charity undertake5 Its chorilable activities through the upkeep of almshouses al Boroughgole. Appleby in Weslmorelond for the benefit ol Ihe olmspeople. Choriloble Support and activities Governance Costs Total 2023 Total 2022 Upkeep ol the Almshouse eslole Total 80,513 80,513 1.700 1.700 82,213 82.213 Poge 11

The Hospilal of St Anne Notes lo the Flnancial Statements for Ihe Year Ended 31 December 2023 Note 9 Tangible Fixed Assets Almshouse F15hing Holm Farm Rlghls I Tolal ,.Cost os ot l January 2023 ond 31 , December 2023 ,.Nel Book Value ,.A5 oi 31 December 2023 ,As a131 December 2022 160,0 28,(M)O 155.0 160.OCK) 160.0(KJ 28,WO 28,QK)O i 55.0(K> 343,(KX) 343,(KX) Note l O Flxed Asset Inveslments Movement In fixed asset Il$led Investments 2022 Market value brought forward ol 11112023 ',Add odditions to inveslments Disposals al cary value .,Add nei gain on revolvotions Morkel volue as 013111212023 216,163 243.481 40,1K)O 19,175 195.339 216,163 All investments assets were held in the UK with CCLA Chorities Inveslmenl Fund Nel cash released from investments in the year was £40(KQ12022 £01 All investment5 ore carried at their foir volue. Holdings in common investment fund5 ore ol bid price. The basis lor lair value for quoted inve51menls is equivalent lo the market value, using the bid price. A55el soles and purchases ore recognised at the dole of trade al cost Ilhot is their Ironsoclion valuel Note I l Analysis of Current IlablllNes Credllors under l year 2023 2022 Accrua15 2,150 750 Poge 12

The Hospital of St Anne Notes lo the Flnancial Stotemenls for the Yeor Ended 31 December 2023 Note 12 Nel assel by Fund Unre51Ticled Fvnds Restricted Totoi Funds Total Fund$ Funds 2023 2022 Tangible Assets Investmen15 Current Assets Creditors.. Amounl lolling due within one year Nel Assets 183,(KK) i 95.339, 160.(mi 343,000 195,339 51,005 343.000 216.163, -2.150 427,194 -2.150 587.194 -750 615.580 160,000 Net asset by Fund - Prevlous Year Unreslrlcled i Restrlcted Total Funds Total Fvnd$ Funds, Funds 2022 2021 Tongible Assels Inveslmenls Currenl Assets Creditors.. Amounl lolling due within one year Nel Assets 183,000 216,163 343.000 216.163 243.481 -750 455,580 -750 615.580 -750 650.531 160.000 Page 13