Harry Hames Cottage Charity. Year ended 31/3/2022.
This year is the 62[nd] year of the charity. During the year all of the 5 cottages have been fully let. All Gas appliances have been checked and landlords certificates are held.
We have carried out damp work on 1 cottage. Painted the outsides of all 5 cottages as our cyclical maintenance. We have made grants to Soar Valley Bowls club of £5k to do electrical work to their pavilion.
£5k To improve the cycle track near Fowke Street playing fields. The Charities investment income has remained similar to last year. The Charity remains in a healthy financial position.
Report complete:- Percy Hartshorn. Chairman of the Trustees.
TH RYHA STATEMENT OF ACCOUNTS TO 31ST MARCH 2022 202fy21 INCOME & EXPENDITURE A NT a)21-22 INCOME Cottage rents Cash fund5 interest I nvestment funds interest £24,013.EO £210. 11 £23,557. 16 £75.30 £2,18281 £25,81&27 £2, 139. f26.363.61 EXPENtXlUPE Insurance of buildings Council tax Repairs to building5 Central heating maintenance et Donations to Ioc31 works Administration & audit fee £915.51 £992.63 £o.rxi £10.62&01 .021.33 £9,(tKJ.cK) £3,034.24 £24676.21 £282.66 £1,8LS.48 £612.rx) £o.co £2,021.52 £5.647.17 ),n6.44 EXCESS INCOME OVEREXPENtXTURE BALANCE SHEET E41,493.61 £2(B,034.99 £73,263.$8 £0. £323.rn19 Property at cost Cash fvnds Investment funds Prepayment debtors £41,4W.61 £210,174.05 £79,446.79 EO.IXI £3XtsJ.45 IIEPRESENTED 8Y Creditors Cyclical maintenance Fund Extraofdinary repair fund Accumulated ftsnds £0.( O,(XX).CK) £5.IXD.CK) £308,79& 19 £(X(K¢ 0,[x f5.(jIK) £316. 120.45 £33LUX45 iV410812022 19.'22 120809 HHC IndExamRèrxWt 2(P21 vi.o riNAt
In endent examinerfs re Charlty No: 231850 I report on the accounts of the Trust for the year ended 31 March 2021 which are Set out in the attached.. Income & Expenditure Account Balance Sheet ort to the twstees of the Ha Hames Cotta e Charl Respertlve respDn5ibilities of trustees and examiner: The charit¢s trustees are responsible for the preparation of rhe accounts. The charity's trustees consider thot an audit is not required lor this year under 5ectiun 144121 of the Charities Act 2011 (the 2011 Actl hnd that an independent examination is needed. 1115 my re5ponsibillty to: examine the accounts undèr section 145 of the 2011 Act to follow the procedures laid down in the general Direction5 given by the commission under section 1451Sllbl of the 2011 Act to state whether particular matters have come to my attention Basbs ol Independent examinerf5 report My examination was carried out in accordance with the general Oirections given by the Charity Commission. An examination includes a review of the atcounting rècords kept by the charity and a compaiison of the accounts presented with those records. It also includes consideration of any Ltnusual item5 or disclosures in the accounts and seèking explanations from you as trustees concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in on audlt and coTrsequently no opinion is given as to whether the accounts present a 'true and lair Vie and the report is limtted to those matters set out in the next statement. Independent examlnerfs statement In connection with my examination, no matter has tome to my attention- 111 which gives me reasonable (ause to believe that in any material respect the requiremenis.. to keep accountir¥8 records in accofdance WTth Section 130 of the 2011 Act and to prepare accounts which accord with the accounting records and comply with the accoLtnting requirement5 of thè 2011 Aci have not been met or 121 to whith, in my opinion, attention should be drawn to enable a proper understandin8 of the accounts to be reached. There are however the following recommendations and observations I would ask the trustees to consider.. As per myprevious reports. I would agr3in recomfftend rhot the trustees consiLlero revEyluation of the chtrrity's properties i.e. cotta9es, to reflect the true v(71ue of assets heldby the charity. This recommend(2tion was discussed ond ugreed to arti(Xl Ot the trustees meeting of 05/11/19 but h(75 yet to be undertaken. the arcountirjg recorés of the cht7rity ore maintoined in o separote AdvontEDGE account5 dorobuse. extept for the chority'sproperties and the two COIFinvestmentfvnds, whirh afe occoiJntedAor manually. For completene$5 rjnd best practice it 15 recornmended thot these specific accounts ore irjcluded in the AdvontEDGE occourjts drjtobose (recDrded in the 8tslonce Sheet). A minorpointfvr ClSideratIt)fi is to rename 'Donotion5'in the Income & Expendffture Account to 'Gronts'. A donation is normolly the termforfvnd5 Iven to an organisotion such as a charity, whereas a Lr¢Jnt isfvnds iven out to support oprojert orpiete ol work e.g. to help fvnd the reAurbishment of the Soor Vulley 8owls Club povilion. Am¢nding thAs terminology will then £omply with the relevont terminology in the chority's Annual Return to the Chority Commission, which states the 'Main woy of carrying outpurposes is mokin i.e. 'Mukes Gn7nts to Oiqonisuttons.. rant Signed: Name.. Richèrd Willcocks Address.. 10 Pryor Road, Sileby, Loughborou8h, Leics, LE12 7NS 09 August 2022 Date: (PJ1I2o2? 19."22 120809 Ind111RPott ?fh21 ].0 FINAI