## **Harry Hames Cottage Charity. Year ended 31/3/** _**2023**_ **.** During the year all of the 5 cottages have been fully let. All Gas appliances have been checked and landlords certificates are held. We are currently having electrical inspection of all cottages carried out. Trustees have inspected all cottages and we have carried out any work required on all cottages. We have given a grant to Rothley Ivanoe tennis club to install a new automatic gate to public court to make use easier for public. Given a grant to Rothley Scout group towards installation of new kitchen at scout building. 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 YHA TY STATEMENT OF ACCOUNTS TO 31ST MARCH 2023 2021-22 2022-23 INCOME Cott3geTent5 Cash funds interest Investment funds interest £23,557.16 £75.30 £2.182.81 £25.815.27 £23,952.16 £3,141.05 £2,226.55 £29.319.76 EXPENDtruRE Insurance of buildirTrgs Repairsto buildings Central heating maintenanceetc Grants to local organisation5 Administration & audit f £992.63 £10.628.01 £1,021.33 £9,000.00 E3,034.24 £24,676.21 £979.86 £4.682 80 £1,098.24 £12,102.00 £1,986.40 £20,849.30 £1,139.06 EXCESS INCCl¥lE CNER EXPENDITURE £8,470.46 £41,499.61 £210,174.05 £79,446.79 £0.00 £331,120.45 Property at cost Cash fund5 Investment fijnds Prepaymerst debtors £41.499.61 £218,644.51 £76,574.80 £0.00 É336,718.92 REPRESENTED 8Y Creditors Cycl ical mainten3nce Fund Extraordinary repair fund Accumulat￿1 funds £0.00 £ 10,000.00 £5,000.00 £316,120.45 £331,120.45 £0.00 £10,000.00 £5,000.00 £321.718.92 £336.718.92 07/LII202a 16..07 231101 HMC IndSxarnReptsrt 21.33 V2 1.J_FIDèI Inde endent examlnerfs re Charlty No.. 231850 I report on the accounts of the Trust for the year ended 31 March 2023, whtch are set out in the attached.. Income & Expenditure A¢¢ount 8alance Sheet Resp0ft5ibilitie5 and basis of report As the charity trustees of the Trust, you are responsible for the preparation of the accotsnts in accordaft￿ with the requiiements of the Charities Act 20111'the ACVI. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying Out my èxamination I have followed all the applicable Dlrections given bv the Char¢ty CommissFon under section 14515llbl of the Act. Independent eKamlnerfs statement I have completed my examination. I'tonfirm that no material matters have come to my attention in connertion with the examination giving me cause to believe that in any material respect.. atcounting record5 were not kept in respect of the trust as required by sertion 130 of thè 2011 Act.. or the account5 do not accord with those records,. or the accounts do not comply with the applicable requirement5 concerning the form and Contents set out in the Charities IAccounts and Report51 Regulations 2008 other than any requirement that the accounts give a 'true and faiT view, which is not a matter considered as part of an independent examination. to the rustees Ihe Har Ham Cotta have no concerns and have Come across no other matters in connection with the examlnation to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. There are however the following recommendations and observations I would ask the trustees to consider.. As per myprewr)us reports. I would ugoin recommend that the tiustees consider.. Thatfor completene55 ondbest proctlce, the two COIFinvestmentfunds which are currently ¢7ccotsntedfor monuolly ore included in the Advantoge accounts databose i.e., recorded in the 8oloncÈ Sheet. There has not been o rÉntincreuse t7pplied on the cottoge tenonts since at leost 2015 ond thot there As no known rentreview policy. Glven the current notionul economicsituotion und higher level of inflotion, ore the trustees sotisfied that the current rents orefair und equitaTble in respett of both the tenonts und the chority?Also, consideration should be given to odopting a rent review policy. Finallyi l am withdrawinE a recommendation made in prev70Lts reports that the Charity's properties i.e.. the Cottages. are revalued to reflèct the true value of assets held by the charity. Thi5 15 because it is now understood Ibased on re¢ent information provided) that- l. All the cottages were gifted to the charity i.e. at nil cost to the charity or Rothley Parish Counril. 2. The 'Property at cosy flgure recorded in the accounts of £41,499.61 represents.. The purchase of land at Donkey Field for £20,499.69 by the charity. b. The purchase of land at Bunny's Field for £20,999.92 by the charity. 3. In the Land Registry the cottages and the land at Donkey Field and Bunney's Field are registered with Rothley Parish Council, Sn It5 capacity as Custodian Trustee of the charity. SiBned.. Name". Richard Willco¢ks Address.. 10 Pryor Road, Sileby, Loughl)orough, Leics, LE12 7NS 7th November 2023 Date.. 0711112023 16x17 I31107 HHC_IndE¥amRepcrt 22-23 V2.1,l_Final .Oocx