## **Harry Hames Cottage Charity. Year ended 31/3/** _**2024**_ **.** During the year sadly one of our residents passed away. We have since let this property to a new tenant. All of the cottages are now let. All Gas appliances have been checked and landlords certificates are held. We have had electrical inspection of all cottages carried out. Trustees have inspected all cottages and we have carried out any work required on all cottages. We had to add an additional radiator to one cottage and replace the central heating boiler in another cottage. The trustees are looking to make some other improvements to the cottages in the next financial year. We were reminded by our Auditor that we needed to look at cottage rents these have not been increased since 2015. The trustees have agreed to make a small increase of 5% from April this year. We have given a grant to Rothley Parish Council towards the refurbishment of the Village Hall toilets. We gave a grant to Rothley Parish Church towards the repairs to the Church Clock. The Charity remains in a healthy financial position. Report complete:- Percy Hartshorn. Chairman of the Trustees. THLEY HARRY HAMES TTA HARITY Re no: 231850 STATEMENT OF ACCOUNTS TO 31ST N*lARCH 2024 2022-23 IN PENDI REA 2023.24 Notes INCOME Cottagerents Cash funds iiitere5t Investment fvnds interest £23,952.16 E3.141.05 £2,226.55 £29.319.76 £23,788.04 £8,765. 55 £2,226.55 E34.780.14 EXPENDmJkE £979.86 Insurance of biii Idintrs 11,139.51 E9,8èi6.20 £843.50 £4.682.80 El,098.24 £12,102.00 1.986.40 £20,849.30 Repairs to buildings Central heating ni3intenance Grants to local ¢)rg3nisations Administration & audit fee 122,500.00 £2,882.69 £37,231.90 £8,470.46 EXCESS INc￿E CWER EXPENDITURE -£2.451.76 £41,499.61 £2 18.644.51 £76.574.80 £0.00 Land and buildingsat cost Cash funds InV￿trnent fvnds Prep8yment debtors £41,499.61 £216,192.75 £83.506 20 0.00 £336.718.92 £341.198.56 REPRESENTED BY Creditors Cyclical M3intenan¢.efund Extraortli nary repair fuiid Acciimulatedtund5 £0.00 Eio,000.00 5,000.00 £321,718.92 £336,718.92 £0.00 £10,000.00 £5,000.OEI £341.198.56 Note5 to the Accounts Land an(1 buildings * cost.. Land Dc)nkey Fidd unney's Fidd E20,499.69 120,999.92 £41.499.61 8uiSding5 5 . cottaBes Igifted to thecharitvl £0.00 NB.. niese propertie5 wereva ued on 2310412024 with a total reinst3tLYnent eost of £1,445.OOQ. On the Land Regirtry th￿e. propertle4 r￿istered tt) Roth1￿ P3rish Couni.Il, who is the ciJstodi3n tr kjstee of the charity. 071&112*< J.1 I l.f17 ?a(XIQ7 Ind&YaIK￿.p￿rl 2>34 tr1 1 PIPIAI ￿11[￿ Inde endent eJ(aminerfs re ort to the trustees ot the Hay Hames Cotta Char Charity No: 231850 I report on the accounts of the Trust for the yèar endèd 31 March 2024 which are set out in ihe attached.. Incoine &.Expendiiure Account Balance Sheet Responsibilities and basis of r*port As Ihe charity trustees of the Trust, you ère responsible for the preparation of the accounts In ccoidance with the req(Jirements of the Cliarities Act 20111'the Act'l. l ieport In respect of my examii)ation ol thè Trust's accounts carried out Llnder section 145 ot the ?01 l Att and in carrying oiit my exèmrnation I have followed all the applicable Direirions given bv rhÈ Cllaiily Corniiiission uridei seilion 14515llbl ol the Act. IndEpendent èxaminerfs statement I have complered my examination. I confiim that no rnzterial matters have come to my attention In connettion with the examination giving me cause lo believe thai in any material respect.. accounting reco¥d5 were not kept in respect of the trust as required by section 130 of the 2011 Atl.. or the accounts do not accord with those records.. or the accounts do not comply with the applicable fequirements concerning the form and contents set out in the Charities IAc¢ountS 4nd Reports! Regulations 2008 othef than any reouiremenv that the aecctunts give a 'true and fair vhévf which Is not a matter considered as part ol an independent exarnination. I have no concern5 and have corne across no other matters in connection with the examination to which attention shnuld bo drawn in this report to pnable a prtsper LtnderstJnding c>f the acrcsunts to be reachtd. l am pleased that Icliig standtng Issue regarding ownershsp and valuation of the charity's properties has now been ie501vtrd i.e. the £41,499.61 shown in prevtuus balance sheets as 'Property at cost, didln lact relate to the cost of acquiring I3nd at DonKey Field1£20,499.691 dnd 8unn¢s Field IE20.999.921. tlie five cottages were all ori6inally gifted to the charlty at nil c05t. An independent valuation was undertaken on each of these properlies on 2410312024, which Tesulted in a total refrn5tatement cost lor all these properties ol £1.44J.400. The 'Prtsperly at ttssv line in the balance slieet has been re41efinÈd as'Ldnd and bLEildin8s at tost,. A detailed explanation ol the LarEd and buildings at cost is detailed in Note l of tl)e Notes to the Accounts. Another recommendation made in the previous year's report was that a rent review be Lindertaken in respect of the cotiage tenants. l understand that this review wa5 undertakeii by the trustees and a Tent inciease applied from 0110412024. Ahere are no Dew recommendations and obsprvations in this report for the trustees to consider. wlth now just one recommendation outsiantttng from my previoLlS report". Thtytfor ¢omplereness and best proctice, the Two COIF investmertt funds, which ore currently octountedfvr munuolly ure included in theAdwL7ntuge occt)unts dutobose i.e., recorded in the 8Jlonce Sheet. Signed. Name.. fiithard Willcocks Address= 10 Pryor Road, 5ileby, Lou8hborough, Leics. LE12 7NS 7:, AuEugt 2024 Date: 971Q812ll24 11.oy ?4rth07 IIHC 4nilFJamRewit 23-24 VI I FINAI.¢kx