Heckington Almshouse Charity
Contents for the Financial Statements for the year ending 31 January 2025
Legal and Administrative Information Trustees’ Report Receipts and Payments Account Statement of Assets and Liabilities Independent Examiner’s Report
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Heckington Almshouse Charity
Legal and Administrative Details
for the year ending 31 January 2025
Charity Number 229574
Address 12 St Andrews Street Heckington Sleaford Lincs NG34 9RE Trustees Mrs M Thomas Chairman – Co-optative Mr M Hardy Co-optative Mrs B Ward Co-optative Mr M Sardeson Co-optative Mrs S Pinchbeck Co-optative Mrs C Leaviss Co-optative Rev Chris Harrington Ex Officio
Note: 1 Nominative Trustees appointed by the Parish Council (currently one vacancy)
5 Co-optative Trustees and 1 Ex Officio appointed for a period of 5 years by resolution.
Governed
The charity is governed by the Constitution and Trust Deed
.
Object of the Charity
Bank
The objective of the charity is to provide housing for poor people of at least sixty years of age resident in Heckington and certain defined villages.
Lloyds Bank plc, Sleaford
Accountant S A Accounts Ltd 45 Station Road Heckington Sleaford NG34 9JH
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Heckington Almshouse Charity
Trustee’s Report
for the year ending 31 January 2025
Activities
The Almshouses have been fully occupied throughout the year.
Apart from routine maintenance there continues to be a programme of upgrades and remedial work to alleviate damp and improve the accommodation.
The expenditure slightly exceeded the income during the year, but an increase in investment returns has meant that the overall financial position of the charity improved modestly.
There have been no changes to Trustees over the year.
Investment Policy
The Charity’s investments are held by the Custodian Trustees. The income is available to the Charity, but the capital is not intended to be distributed.
Review of Major risks
The Charity’s income is considered to be secure as it arises from investments and is not dependent on donors.
Approved by the Trustees and signed on their behalf
Name
Position
Date
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Heckington Almshouse Charity
Receipts and Payments Account for the year ending 31 January 2025
| Receipts: Maintenance, water and gas contributions Interest receivable and other income Payments Water Gas Electricity Window Cleaning Insurance Repairs and maintenance Honorarium – clerk Administration costs Misc expenses Professional fees Accountancy fees Valuation Fee Excess of receipts over payments Unrealised loss/gain on investments Funds at start of year Funds at year end |
2025 £ 26,066 2,629 875 1,626 118 540 862 20,910 1,905 40 260 353 318 48 |
£ 28,695 27,855 840 1,625 70,190 72,655 |
2024 £ 25,956 2,167 842 1,665 215 535 864 16,076 1,905 20 189 343 300 - |
£ 28,123 22,954 |
|---|---|---|---|---|
5,169 843 64,178 |
||||
70,190 |
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Heckington Almshouse Charity
| Statement of Assets and Liabilities for the year ending 31 January 2025 2025 £ Investment Shares Portfolio 44,897 Cash Funds CCLA Charities Deposit Fund 19,176 Lloyds Account 8,582 72,655 |
2024 £ 41,575 18,255 10,360 70,190 |
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The charity also holds some properties. The current valuation of the properties as carried out on 29 April 2024 is as below:
Properties
The Green – Heckington
| Property 1 Property 2 Cameron Street – Heckington Property 1 Property 2 Property 3 Property 4 |
145,000 145,000 80,000 80,000 80,000 80,000 . |
|---|---|
| 610,000 |
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Independent Examiner’s Report to the Trustees of Heckington Almshouse Charity
I report on the accounts of the charity for the year ended 31 January 2025 which are set out on pages 2 to 5.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 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:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Sally Woodhead FFA FFTA
Date
……………………………………………
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