## **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|
|---|---|
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:
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 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 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.
Sally Woodhead FFA FFTA
Date
……………………………………………
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