2023-12-31-accounts

Regl$tered Charity Number.. 232200 Housing Corporatlon Number: A3266 The Municipal & Owen Carter Almshouse Charities Report and Accounts 31 December 2023

The Municipal & Owen Carter Almshouse Charltles Report and accounts Contènts Pa Charity inlormalion Trustees, report Independent auditors. report- to be complet Statement of Financial Actiwties statement of Changes in Equtty io Balance sheet 11 Notes to the accounts 12- 17 Schedule lo the Ststemenl of Financial Actywties 18- 19

The Munklpal & Owen Carter Almshouse Charities Charlty Inlormation Chairperson C Evans Socretary B Norton-smith Treasurer Y Salomi Trustee$ C Evans L Holt R H￿kIeSty G Dipple A Calver C Savill Councillor J Bagwell Councillor P Cooper Councillor B Hitchcock Accountants Avencia Tax and A￿UntanCY Ltd 13a Mill Lane Wimborne Dorset BH21 ILN Audltors Ward Goodman Audit se￿1￿$ Limited 4 Cedar Patk. Cobham Road Ferndown Wimborrbe Dorset BH217SF Bankers HSBC Saritander Registered offi¢e 13a Mill Lane Wimborne Doisel BH21 ILN Charity Registered number 232200

The Muntcipal & Owen Carter Almsh¢US¢ Charrties The ￿port of the tru8tves Name, regl8tered office and constitulion of the Charity Chartyname. Dak ol Tr￿lIe￿. fj￿ary1 Chartywistralith r1￿. 2322tK) Registeied offi¢e". 132 L￿￿.W1nb￿n2. Ocrfset. BH21 1LN nwnber". 01202 856250 Aims and objt¢llve8 otjecl olthe charty 15 to piowde s￿lere￿ aCCL¥ThllLvJat￿ to ebjuty pe( ￿ Il affta of benefiL Applicalion5 are ￿￿$1￿¢￿ed ty Ihe Itu$iees. lg ¢twksthta•on I￿lu￿br￿j finandal tharxr ¥Ath c￿m￿NY. There are Cuffert￿ 39 ￿rf5 availatle ts accrynrnowJalbJn al Tr CJ Rive Wak Pool2. Doisei,. The moniw tt¢Lpai￿nal dwige vtss rkn9.97. eftectiK fiom June 2023 TI￿re are 4 awdilab￿ foi occupation al'st Georges FAJKkW. 33 C1￿Ch Skeel. P(th. tknei.. The4nOtAI Ortupakn<x￿b charge VAS £282.12. effectNe fvom Jthe 2023. A new rate ocuyd wopth sirLe 2022 ap5. Th5 re rose lo £428 from kne 2023 lorORW and £321 for SL Gew." ￿ ihe rr￿rte￿ ch￿$ lo Eq￿alent Fa Fleni ol E498.33 lty ORW (39) G￿5. 2022. Review of activities and pkns for the fvlure Introduct Tl board of Iflisiees are wlomi•Ke 01lle the ￿ 8DJ • 31si December 2023. TW coll￿d￿r Ihal thè chanty L4 7 a slrfry posthn IG hs ¥tN¢Es e coming ￿ar. and Ihal Ihe chaniY5 assets ￿e adewate lo fiAN its oWalKWI5. Do1￿$ hp¢om T￿le has ￿ert ki¢¢￿ ￿ V ￿. Ile18￿9 of lun¢?￿￿￿9 activities The have been no tutKlraisww Il ￿[ matry e held by re￿dentS as tsn90 e%nts aThJ $￿i81 cJLx. A¢hiev¢mwJt of obie¢tlve$ andrfO¥rewofxrivlli•S The charity continues lo PrO￿e accommodation lollw m05tin red * has rAa￿ to

The Munitipal & Owen Cart•rAlmshouse Chaiiti88 The report of the tW8tees Sygnificantchan9e& devnnts >dpl>s fv Ihe Its&M• The t4an sin¢e 2019 Ittypor¥ted ann￿￿ Ws. was lo repkn Ihe d(sl krfchens aTrJ baihToom$ ai a lime that is best resAlents aor#J knilhvAw tJs. The rnar￿ty ol Ihe h8¥e now been mr￿￿￿. Piogress wlh ttle 6 rw proter￿5 has sknvd ITh 2023. alter block5 Ihe FlanThng apra¢abon prfKess. had been der￿1 and ts Injslees arewxking wih the ¢ound on a r Ir￿￿ lorw￿￿ m 2024. Budgero and ca5hlTrMfor th2 IxJ Is LWVJ by eXleft￿ m•i•Jers val be carned Ixrtwlh Iht of a 9iar4 H(M￿SENj￿￿ ith bank (kn Sile exL%lry workn al ORW. a merrthrof 5lall r￿$ $peT Ime chanvs governan￿. pthes a￿1 wtKedwes W to thle. aswH as an up 10 de wcfrty suvey to estabhsh a¢¢wate remvatw on site. The organisational stru¢tUfg and how deci5K¥nS are made The board ol i(￿leeS ￿￿1qUarteTtY as a managemert conwvrtiee. T1¥5 ￿￿￿je￿il¢l￿mnit dI$￿$SeS the actnnbes oflhe chanty in terms offi[w￿l p￿11￿. tulure prepThse$ maintenance. ¥￿11 being of kne re5HJEnts ar¥J sièffiw. sialf of Ihe 14wty habt Oekgaied WlWy lo catry LXJI day 10 dtyvAxkit￿ p(fjcies •3reed m•k•jeMe￿ wmnyilee. Method ol voting and 0￿ctiOn of th& membern of the ljoard of trustee5 r¥w I￿slee3 be de¢ied at any op of it fwart¥ty Meth￿$ aThJ the ChaK Is eleded a￿alty at IheAn#ual General Meeiiry IAGM}. ex￿ti￿ ch￿lty boaid member5 ￿e Io Every meetirwj. DetlS10ns are determIr￿d ty rnay)Frty ¥oie5 ca51 ty all IIE itwJiwdu pre5enl eath in(Sr41(knal hawry one vole. In the ofan eq￿ ol ¥th$. fv Chr may exerrke a secmd as Cè51ing vote. There rn￿1 be a fN ￿ maju deeisws lo be made. The chaitys rrmorarNJw% sles there muslbe 13 of l ex•i). 8 iruslees arvj 6 ¢TroptahE fr￿88. Re￿tiOnship8 wlth other group8, Charities and individua The ¢harily works ch75ety ¥%ith the lord Financial review Th2 financi acco￿￿5 we set￿1 ￿ paye5 ¥17. Tl $ittrts h•%t been wepaied in rjjmp1ian￿ vfith Ihe oflhe C￿rity Ctymiiss￿s s¢ai¥iiert ofRecommendèl ISOSIW. Accowying ar￿ RepMiThJ ty Chantses siaiemenl of Reo)mmetKled PradKe apF4cat4E 10 tharrt￿S preparir¥J IheiratCOLnlir¥J ID acco[dar￿e Reptsrf￿ SI￿08rd 8ppli¢abk in Ihe UK. the RepLOlic ol kelatwj wb1151d on 16 JLty 2014 {SORP 2015 IFRS10211 W the H￿Sry SORP 2018. The I￿￿tee$ corts￿er the try the Ch￿￿ty (Xxiny lh2 yea[ to bE healtty. The Slalernenl of Finawal nel ieswrces lor Ihe >ear ola defiul nature of £7.05312022 £10.6 suiplu$. pior ￿ ihe rw roolexpenthknxe ol tl 10 640. Ithe￿ Ihe ER ful￿]. T￿re ￿Ere rei iea115ed Incorniro ￿￿oUr￿ of3 caprfal naknxe Ipth4Nudatson5 ol 5haie p￿ID1'0} of ÉrMI12O22 t5.3491sh¢￿￿ Ihis IwJuFe maktyj ¢)wal wwred 0￿g01r￿j ￿s0￿ceS of£7.953. lotal retS al >t¥i erKJ 3ftei char4Je in unreth&l gains a￿1 ￿SeS revaluat￿n ol In￿￿M￿s) of£19 270 S￿￿S {2022 defKii of£87.048) 51arnS al £1.￿7.076. {2022". £1.054.8591. TIE inbESlm2nts vahs hawe m(Yd lth•maWy nlhe pasl few￿arS co￿. ha 5ellled sornevkn In 2023. The wweS1￿15 stil en rftfwe I provkling much cap*al al IIu5 trne. A maionty ol expenddwe * speN ¢• F4emffjes mor1￿￿ ￿ admI￿trati0rL

The Municipal & Ow) Ca￿r Almshouse Chaf6ti0S Yho ￿port of the trustees Spo¢rfi¢ changes In fixed assets There has been ¢¥￿taIlSed ¢¢Sls in ￿ar in rek41k)n to wofe5$&)n4 fees for ￿ woposul devdopmeni ￿8fts ol (Xd Rope W. Availabilfjty and adoquacy of 888ets of each of the fvnds The board ol Iruslees is saiisfied that the chaniys a5seis ￿e adEquak 10 rtts oNya￿on$. Land and buildings L8nd and euiklw$ are shrmn at costordeemed vkn ￿ the (Jw5 The {in¢kwJv¥J £40 000 for¢fnr&$l we ftymaty vaw lorir6Wa￿e rAMpose5 al É4.040.WD on 7 December 2017. Ttr￿s rv)￿e has t￿fi I1￿e3$ed usir8 apwoymte indexes each forthe v15uran T￿￿1. June 2023 vthÈ$ beiNJ £$.792.￿4. The iiusiees Coftskler thal the mathel Va￿ ol ihe shou5e5 be ¢Dn5idetatty ￿ ex$$ 011￿￿ bth)k vak. tAd as fv rKryertÈs are kn￿d on fo[r￿￿ vabj3lK￿ Reser¥e5 and Invtstment polrcies The Irusitrs have resolved lo estamskn feser¥es lo arnj tstru5tee5 h vje p(nyern of Investmeni. Trt reserves is thai io ensure lurKls are ret&ned I p￿U¢e Income which 1$ SWAYt exL%iWg acbw15 WtiLst also burfd cash reset￿ o¥er Il Iotw ierm and use these funds 10 fijntsr the tharty The Inveslmenl vms wdaled in 2019 vAlh 8 Chs Sl1 m￿5 ha%Yq been carl￿￿ ou% In 2020 and in 2022. Rfj8k manag8m0nt Iiustees ￿lentIty any mairy the rjwity Is exposed exh f￿Tr￿al prep and updaiing a strategic plan. In part￿aT IIvJ5e related ffin8r¥xs ollhe ¢h8rrty. The tru51ees then revvw any m4or n5k5￿￿th ha been ￿en￿ed. arNI esiatihsh syslems io nThtig %e llsks. The ¢lwity ￿ sausfd J)wrfi$ks have bew identif￿d that exposed to. Legal Status Tre charity an ￿nir￿￿O[aled charity go%wrwJ Lry a %wlten ils membe1¥. re a￿ no restrrci40￿ ￿ Ihe ofE th3rity oron rfs fft¥estwt ts. other ih8n Inwoaed ty gew81 dwty . Oryanwaation 8tN¢ture The ChaDty ha5 a 8oaid ￿Tll￿￿e$ olts e4vyqwler. TnL%tees Ihe ErnIEd 31 2023 ￿%￿.. C Evans G￿pp A Calver R Hu¢kksby C Say￿1 Ywt¢r$ of the Board of TtU51ees Charty al Ihe date the tEPDrt a¢¢tyJrtSY+ie approved*pFe." C Evans L Holl R Hu¢kk8ty A CaNer eankers H58C Bank PLC 3ThJ 8arnk Auditors Ward Goodman Audit SetviEes Linite Chartereij Accourtanls 8ThJ Regiswed A￿11￿5 4 Cedar Park. Cobham Road Femdown. WirnbomE f)OT5et 8H217SF

Value lor monéy 2023 o.(MJ% 0.￿% 2022 o.c￿% Re￿VeStment New $upt4y d￿ere￿. Socwl hou5 Geaiing EBITDA Heaone socrdl I¥)usu￿ coslper OperaiiryJ mar￿n ISory hw5YJ kttry$l % Operabrwj martyn l(heraD % RQCE -1.05% -2607.79% -30168.51% 4.607.51 É 6,J26.16 17.J4% 17.34% -5 21% -51.85% -0.93% -923% Howtho tharfty alms to a¢hlw• wal￿ fly ￿1￿y' - The Gharity had a lair value rtyii sur¥ty¢tynpWed in Marth 20￿ orb SL Ge￿geS propevty arKlwe lo keEP the renis beltrw siated'l&i ¥akne' ollhe rewt. . Rerts are controllEd by [eg￿lL￿ Cap thaffdies adhpte5 to. The Municipal & Owen Carter AlrnshoutsÈ ¢haFilles The feport of the trusle88 ststemontof Trustes' R•sponsibiliti•8 The Titsslees e [espDn5ib￿ lot wepanng The Ttuse5'AtsMMI P¢k%￿ Sla1u￿ts. accudarte %%ilh Ine 8pO¢•ble Unw slaTrJ￿ (Urmted Wdcvn Ac¢epted A¢cokmDTrJ Pra￿￿e). Law lo than1￿$ in Erylarnl ar41 Ws 8ThJ re￿Iere4 srx?al reqwes eoaid ol Irusiees 10 wepare slatemenls IN each vthich a true J faw ¥ oflhe siae ol affars ol Ihe Chaiity atKI of its ￿Cl￿n￿¥j resources aThJ Of￿$[￿r¢e$ in lh pencd. In prepanng ttK)5e sl8lements. Ir Trtiees we rewred to."- $iThtatye ac¢wnbry tAkn then aprty them con%51W. obse￿ the melthds arKS princys N the Chaithes SORP". Make yJyemenl$ arwj eslwnaies trth are reasonab aTh1 prthjert. SlalE vkneitrr a￿lab￿ act￿nI￿￿j St￿dS aThl slalemenls ofrec(rnmer4bJ prad￿￿ have be follcmed. sulect lo arty departures dLsclosed eX￿[￿d ffj Il sialwTieni$". Prepare the finanual sletnent5 gonj oJthmb85is ￿$$ to kwe8LThethal the charity conbnue lo opeiaie. accuracylhe finanoal p05lw Oftt￿ dwity KJ 10 erwe thai ￿ rnwal S￿leMents CL¥npty wlh the ChaT11￿ ￿12011. Thechariy (A¢￿ts aTh1 Rerx¥iSI Re9￿3￿C￿S Ihe Pfovlsi￿s oflte trusl deed. atso ie¥xYtsA) safe9uaFdw kne assets ot thanty at¥J tskirwj reasonab12 Steps fortr wvj ol wvj (dl¥ rtE9Llarfs. Ttustees ¥e res¥R)n51bk Ifx the M•Sena￿e inlegrrty of the Charity ￿ fmanrAal infotmabLX) inLNled ln Ihe Charivs pres&￿. Le￿￿ ￿ Ihe Urmted govetThTy the preparab and ds5eminabm of11￿ 51aleffrf$ mayorf￿fvty7l gislakn ki othtt report was apwo¥ed by C E¥an$ Chair

Independent Auditor's Report to the Board of Thp Municipal & Owen Carter Almshouse Charsties Opinion 'aSsoualK￿.I lor the year ended 31 Decernber 2023 Clynp￿ Tw5tee"5 rewi. tt Slalernenl ol FInaDO￿ AcbTrAlÈS. orch￿e8 th Ewty. StWl ￿ notes 10 Ingncial slalements. inr￿ng a summary ol swficant accou￿9 prac￿. The frame￿ that ha5 ¥￿en aprld t￿[ pryali(fft is awkable l •vJ Uiiied knryjty ACCO￿ting Standatds. IrKILK¥t¥ F1p)W￿ Reptr1Mw st¥￿¥0 102 Tts si•hW irt Ihe UK•TrJ dtrellUnned Itiwm NLcerAed Accwiti Pra￿￿e1. In tyJI the￿n8￿￿4 slalemerrt> give a ITue larview oflhe slate ofV aSSOtsaKM)'s as at 31 2023. of8 Incoming resoLT&$ atvj ofre8tyX¢tsS. its for then ended. Pr8cbce.' and have been prepaied vAlh reqwrtynerl$ Of￿ Charits Acl 2011. Ihe H￿Sry aNf Regenerion I2008a￿ ts ACc￿￿r￿j Dyection for wivale rwsleted pr￿nderS of ho￿ry in EroL4nd 2021. B•$l$ foroplnlo WecoTMlucled ) Si￿¥￿% c￿ (UK> IIS4¥ IUKII appI￿a￿e I￿. (kw fesport8ibbes those slandard5 are ￿rther descnbed n the Ath1rt01's respon$knlilie$ ftt ot the fi￿ncIal s￿lementS secbM of ow rwL We ale wvJepet¥Jent al It￿ asswalion in ￿lIh eth￿ thai we ￿Vant 10 ol fhan¢ial Slt￿•)ts kn the UK. FRC's El￿ sta￿ard. aThl ha¥e h￿ffied OLY ott eiN¢ lespo￿1bIh¢￿S m accOrtta￿e wlh Ihe5e rffj￿rerr￿rl5. WebEthebE Ihaltt a￿￿1 ha¥e obtard is SLrffKietrt arvj awDpnale to wthJE 8 b•5¢ (My Concluslons rnlal￿g io gokng conc•rn We have tJllyf¥J 10 rewrt In resrerl of matierx ￿ rdknn to the Is￿ IUKI ryuire us b rerth 10 ￿ %there. slat￿￿4$ apwfywte. or . the tywd h thsdosed pl the finantAI stalements any ￿￿ent￿d material mrtainlie5 itsi maycast swjnificaffl drxrtx a￿1 the asMKia1￿'S ablty lo ¢)Jrtiwe lo advpl Ihe goi Cfncern b3sv& olaccoLmbn9 lor a of mt4Mrtsfrth))the ihe IIDanual 51etttrt¥ athNised lor Oth•r Infomwtion luded In arnwl rerM)rt. Olhei Ihan the ffinar￿1 slalernents and w a￿0[.5 re￿ thereon. Our opinion on ffte financia statements does rnt COV￿ Ihe ollw and. ex￿￿10 the exnt In Connec￿On our oftt fnanual 5tatentrts. oiff Feswistsbty rs lo lead the in1c￿al￿ and so. ** 01￿ rf(Ymatity) i% Mate￿ KKwslenl wdh tt f1W￿al $lem￿S or knty4kd￿ Obta￿d ￿ the ajdil IAT olkthise aspears lo be m1ssia￿ Kknlify S￿h material wKonsi%lencies wapparent rnaleri￿ ￿￿tateMe[rtS. VR e reqLired lo delwrn￿e ￿￿ether Vre Is a miv61atemtyM in I￿ rFN¥KJ81 ( maleTial mis51alemenl ol the other lrtlrwmati(￿ 11. based M the performed. ¢{rtI￿ Ihal there L4 a malÈrk4 mrAlatenrtc4 ￿ 0llr ￿f0[￿￿. ate leqU￿ed lo rep￿4 Ihai rad. We ha* rthTrJ to rerrfmt ￿11￿$ Fegard.

IndepEndent A￿￿￿0¥.5 Report to the Board of The Municipal & Owon Carter Almshousg Charits Mottots ott whlch w• aF• requtrnd to report by exceptlon We ha¥e nothing lo report In iespecl of uie lolmvj maite¢$ to the Ch¥thÉs (Accoun15 arvj Re￿$> Re9￿81¥￿$ 10 rewl loy￿ rf. the N)IcrfmabongTrM iThthe firAKial stalernert5 15 ary mknial reSpd￿l￿ the Lwd report". or suffiaenl accounbng retords have not been W". ¢ Ihe hnJwal swemeni$ ale noi m ayreemert vrth rec￿0$. have wei¥ed 1nl0miat￿ v wmre a￿jrf. In addit￿ VR have n￿bIr￿j 10 we￿ iivesw miei tsre the Hcwyj aTrJ Regewation kl 2008 ie4uires us 10 10 ￿ rf. th tyJr cpy￿." R•8ponslbllNl•s of thè board A5 exk4ained more ILIty bDaitrs￿spthwth$ sw8m•# se¢ p•Je S. ts bowd member$ are also its of ts asso¢¥iiM frm th wrpose5 01 chaTrty lawl are resp￿$1￿ for fv preparalifm ol the finarwl Staiements for bew 5absfd thal IW gr¥È a at fairwinv. and for SLKh Intemal c£ffjtrcl as Ihe board WESSWyto enaL4e FYeparatKw of ￿￿[Ki81 slè1t￿nls 8te fteefrthh M•le￿ mi$ststenrt thther th io Irwl In prepaiiThJ Ihe fM3rLial stalen￿5 Ihe boardi5 re5ponybltr &y¥sstSSHWll as$LKi8th'$ at lo cvnbTNJe as a g01ry t1￿￿J￿￿. a$ apk4tsle miets re￿e￿ 10 y(xny concern and uSf¥J ffte 90iNJ ¢Oftem D8s1s ol acthrtir4 ur4es$ Ihe boaid edher iNe￿$ 10 INiMdaie the associat￿ or lo cease operabons. or h35 m rea5ir alunab¥e b￿t0 th so. Audltorfs lor tho wdit ofth• fin¥¢tsl si•i•nwts We ha¥e been aP￿nted as authlor ￿er Sec1h￿ 145 ofllE Chawthes Act 2011 vJ 136 01 the Hou51n9 aTrJ AegenE[al￿ kl 2008 ar¥J repLYI m a¢￿￿8n¢t iegL4aiw made thjer sect￿n IY ￿ the Charfw kl 2011 se¢trm 137 ofthe HcAtsW aTrl Re9￿31￿￿ Act 2￿8. Our abseGti¥es are ID oblam reasonab￿ a5surdvLe aiw)ul wwier fffjanty￿ $18temMs as a ￿le are tree from [naleri￿ rnESlaieTnenl tiThei duel0 I[￿d ty error. arKJ 10 Issue an a￿￿1￿.5 rry that i￿k￿eS Our opnion. Reasonab￿ 3SSuiance is a hyh I￿1 of ass￿￿￿. Is Dot a guaianlee Ihal an audrt conducled In accordan￿ wlh LSAS IUKI wl a￿¥ay5 ¢Jete(l a maierial m1551akttWII when il exists. Mssiatements can anse frJO <rf wor and are ctyiwdered m8ieri81 If. Ind￿￿ty in Ihe aggregate. Iw ¢(rtl reaxffjaw be expec￿ lo theeCr￿Kffl￿deC45I￿OluSet5 laken on Ihe bas￿ ol I￿se financ& slalements. 1} Ideniitwng sssess￿ th ￿$￿j￿tweCIp￿ess olcr￿1[[A5 managunert has in FI￿10 we¥È and delect fraLKI". 21 utvjer5t￿￿In9 Mwlh05e ttrw9ed %4ilh yoman¢ and aOthessÈd polent￿ o%wtide of t￿1￿01$ or Oltsi It}wo￿ate O¥w flianti￿ ¥ewbng woce5S. 31 QhalknglrvJ as$umpbcffls and jthlgmEnt5 made tw rnanagerN￿ swifunl ￿£0￿￿r¥j eslimales.. 41 Identi￿9 aDd leslry Journal ertnes. ID pwli(x43r anyiwtnal ertr¥ Ombinab￿S. and 51 As$e5$1ng Ihe ol clffirAan￿ %Ailh Ihe law wxj re￿ations. Afurther OE5(￿Pkn tsfow for IhefFwKi Sts1￿8 h)¢oieO on ihe Financi￿ Reporfity C(Wr*￿'S￿lIe al.. tA4wI.rrcf￿.￿a￿Str￿eSwrn1￿￿l￿S. Thks dwtion ofow athilor'5 re￿￿1.

Independent Auditor's Report to tho Board ofThe Municipal & Owen CarterAknshouse Chariti•s LI￿ of our r•port Thi5 iepori 15 made$• 10 a8x?￿'S boyd. as a br. p￿&4 Chariistrs IA¢count$ ano Rep¢ytsi RegdaiKrts 20￿ and sectioTh 137 0¢ the HouswvJ ano Regenwaiion Act 2008. has been LYvJErtaken so Ltt % fflvjll 8t•k 10 assoctatiL￿'s bwd IhosE matttts we required lo ￿ale b Ihem ￿ an authl(rf5 report and foT Oilr putpose. Tothe fksi ymiited by law. wedo not accryt ￿assume re5PCVS￿ty ID anyon¢ ollw Ihan the 3ssouath￿ arxl the as5o￿abL￿ 5 iw)ard as a rot CU a￿111 ￿tk. for report. orfLY It￿ ownion5 VR have fO￿ed. fftnan R￿p Is ihiesws ￿e an autht 15 l M Rodd 8Sc FCA FCCA (Senw fu on beh311 of Warij GoodTnan knjh Swytts st￿￿Ory ￿lI￿r 4 Cedar Park Cobham Road Ferndoym lnthjsi1i￿ Esie mb¢rne. Dorsel BH21 7SF ZtrLY

The Municipal & Owen Cartèr Almshouse Charities Statement of Financial Activitiès for the year ended 31 Decefnbtr 2023 Incomè and Expenditure Account Unrestricted De5ignaled Funds Fund5 Total Funds Total Funds Not$ 2023 2023 2023 2022 Incoming Resources Operating activities In furthefavKe of chairtY$ ot(INes Investment incom& 1&5 074 889 185,074 30.689 169.833 22.941 Total Incoming Resources 215.763 215.763 192.774 Net Incoming Resources avatlable for charitable applications 215.763 215.763 192.774 Charitable expendituie M8nagernent and administrabcx) of Ihe charty 222.816 222.816 292.718 Total Resources expended 222.816 222.816 292.718 Net Incoming Resou￿￿$ b•for• Transfers 17.0531 [7.0531 199 9441 Transfers between funds :. 14 Net Incomlng Resources before revaluations and invèstmènt asset disposals 17.9591 17.0531 199.9441 Realised gains on Ihe disposal of Inve51ments unreal￿ed 9ains on investrnents In year 5.349 187,0481 15 19.270 19.270 Nat Movement in funds 17.9591 20.176 12.217 1181,6431 Total rèvenue funds brought forward 35.855 1.019.004 1.054,859 1.236.502 Total revenue fund5 carried forward 27.896 1,039.180 1,067,076 1.054.359 The nel movetnenl in funds referred 10 above is the net inrAynry resource5 as defin£d in Ihe Stsletnent of Recommended Practyce for A¢¢ounts"n9 and Repctsng Issued by Ihe Chanty Cornrnis5ioners for England & Vvales and is rEconciled 10 the tolal funds as shrpn in the Balw Sheet on page 8 a5 required by the said StotemenL All activities derlve from ¢ontlnulng oPera￿on5 The noto5 and 5rhedule to th¢ Ststement of Financlal ActivitKs on pages 9 to 17 lorm an integral part ol Ihe$e a¢¢ounts

The Munlclpal & Owen Carter Almshouse Charities Statement ol Changes in EquÈty for the year ended 31 D¢¢ember 2023 DesSgnated funds Investments revaluation Unrestricted revenue res¢r¥• reser¥¢ Total As 1 January 2022 920.208 286.810 29.484 1.236.502 SurplusllDefiatl lor the finanaal year 194.5951 94,595 Other comprehensive income for the financial year 87.048 87.048 Total comprehensive income for the fina￿* year 87,048 94.595 181,643 Transfers {100.9e61 100,966 As at 31 Dècember 2022 819,242 199.762 35.855 1.OS4.859 As 1 January 2023 819.242 199,762 35.855 1,054,859 SurplusllDeficitl for the financial year 7,053 7,053 Other comprehensive incoftle for the finanoal year 19.270 19.270 Total cofflprehensive income for Ihe financjal year 19.270 17.053 12.217 Tran5fors 19061 As at 31 December 2023 820.148 219,032 27.896 1,067,076 10

The Munlclpal & Owen Carter Almshouse Charflies Balance Sheet ag at 31 December 2023 2023 2022 Fixed assets Tangible assets 240.584 240.584 236.496 236.496 CuTrtnt assets Oebtors Investrnenls he￿j ¥$ curyent 8888ts Cash al bank and In hand 10 3,715 859,118 10.804 873.637 825.195 32 367 859.912 Current Irabilitie$ Cftdrtots due wrthin one year 12 22.538 14.162 Net CUTTent assets 851.099 845.750 Total assvt5 le5$ current Ilabllltfjes 1.091.683 1.082.246 ¢redltor8: nl$ due after more Ihan one 13 124.eon P7.3871 Net assets 1.067.016 1.054.859 CapStal and reserves Deswllaled funds Inveslmenls ievahjabon rese Un￿$1n¢ted revenLe ￿SelveS 14 Is 16 820.148 219.032 27.896 1.0fj7,076 8t9.242 199.762 35.855 1,W.8S9 Cakoé Kob ItHckLe -'4 IIJ 03 GMT+l! ,3.iJ7 GMT+LI C Evans Chair R HudLksby Trustee The note5 and sched￿* totho Sl8tem•nt ol Ffjnan¢fjal ktlv6ty95 on pages 9 10 17 form ars Sntegral part of these aGcounls

Municipal & Owon CatsY Almshouae Chits Notes to the Accounts forthe year trnded 31 De¢nber 2023 SummaryolsrynificJnl a¢counltng pohrie& Cbanty Lw5blLQes a asdefwl ty FRS102. ate￿￿S￿aye been to thwlie5 ￿wann9 In wxJy(lry Reyxbr¥J ilye UK of IrtKI IFRS1021. ofReciwnnyth¢J Hwgtvj prOv￿erS 2018 the Axounlry thre￿￿ tty ￿)j5￿ In Er￿ 2022 The I￿ar￿al ststemEnt5 aTe ry￿are￿ rwanettsofth8 SORP 2018 atKI tha Ch¥rt5 2011 ￿ UK Getw• Pr** fkXYSt•teMeffl¢￿ the grrrtTrJs th81 FRS102 Se¢iRM 1A CuiierKy o1thech￿ty. Thfj rjwty ¥kyted SORP IFRS 1(Q) Accounrthg convenuon R•eognrll¢￿ ofLlabllltss 12

The Municspal & Owen Cartoi Ahnshouso Chartss Notes to tht A¢¢ovnts lor the year ended 31 December 2023 chwJtJo￿ ¢xpwJdiQur• patriments io I￿r4 part￿ rt Is wobth aTrJthe of tre measured fdknro - ActiVrt￿S w furtheTrrJce ollhechatys itythes Management and the •ss¢ts. ofcosts ex AdmIn￿st￿at￿n exFetthFe Jfi(ILde5 al exp￿th￿e &ecty re￿J bcharitsbte Inre5pect dcettan iternsotexpendrtwe 1115 3 tnatter Oli￿aS SLth ￿nSale diiKt th¥ilaWe eAt￿rtu[e ae C05t5. exp￿01￿8 al tXp￿th￿e io cJwtai Wrty. In le5￿ of certain iierns ol exp8[KJrt￿ Il Is a It￿ of Mweni as to 5Lrh ims we thanlJe 8￿￿drt￿È Re4li3edand ofin¥esbnentsaTe neibj oft. Irr¥•StmBnts T•nglblellxedassets fvtDthr9S￿1 ety Mousingpwertles Lar Cole ButhYr#J Roof 25 yeS 15 y 25 years 25 irft 2Sys Ichen$ Lpiethed urnll the asset ha5 a sJsebJ ec{￿￿￿￿[e. 13

The Municipal & IX¥en CarterAknSh0￿ Charibo¥ Note$ to the Accounts for the year ended 31 Dec•mber 2Q23 Txati4)n wth Ihe lessor. are C￿ed to ihe 5tawnentol as wwred. Irueased by £19.270 I2￿2 decrease E870481 th2 c¥￿Se cl yea In ieserve Inote 151. rwe3ert5 the cost L Ihe ry0per￿ firwrced TWS owm re50Lvce5. rrorfewl o £90& m yew rewe3w￿5 Vye arnounl repwd ￿ kne kHn used lo Irr$Y￿￿ t￿ Trust's wopertye5 ss ihe The Pryrty De¥Ylwn￿l Reset¥e ¥M5 tJeated ) kry awn5 01 f X)23 thes not C￿Trt ftr any wlto tr fund awj r ai the tEx¢ yeai wyj. The gong maiDtenwKe VJ yJppyt te dwW5OJr￿la￿%•tsPS. ro￿0￿ ihe ￿lt￿e5. ￿SerVe Th)1 up 51aTrts at E165.OW. The trusiees cons th81 the [enwn￿9 lthj In resetve reMw￿ k)r Ihe expEnOitwe p￿lled Th15 18 an ￿￿get￿Y fixKI (wty. f(Y rrw Iyi wyk, renovabons dietdy the unrestr￿￿ ￿ser￿S to an È￿t Df to 0￿1$. Winding up or dwolutKD olthe char￿Y 11 up ot dis3d￿l￿ (tsrty Ive asts ats the ssfa&w of al LiS ablrties. the asselsrewe5Bntsd by fwwj be t[W5fe[￿ ty>sryre olhErdw# b(wJy cr 1023 2022 Thls Is stat4d aft•r¢r4dNthg:" Re¥etiu• Turnovw rom +JFdlnary activKi•s 185 074 169.633 alier chavgiDg'. OÈwerJaiiQn at￿￿ed fixed assds 2.01$ 1,992 2UZJ 20ZZ Rent5 reCew3b￿ Extkniry set￿￿(1 Revenue aNJ capt81 gtsnts iecvar4e Soual h￿$1*¥j acbvity experthure Operabng SU￿￿$ IldefLrtl Vthd losses 178 134 162.833 {170 4701 1134.8011 28.232 14

The Munieipal & Ow8n Cart81 Almshou￿ Charities Nol&s to the Accounts forthe year ended 31 Dèctmbor 2023 $tatèM4nt of expensés paid to tru5t£es or connectd p¢rnon Exp2Tbses to ihe Tntstee5 ￿ ihe y. D41))22 £￿>. Anatys15 01 Incomlng resouvces and aNfy5r ol mJn•yBrnnt and adminlslrntion cosls The detai15 ￿LlIed by the Swerrenl of Re¢Jxrw￿ Pte 44JXxMmW ar￿ Rer￿￿trY￿ by th2 Ch¥yiy Comfflisswer5 lor ErybrKI &Ws. thè Ddd SrdLle tothe ol Finano Ac11￿￿sc￿ 15 to l& IrbvStMéttt Incon 202J 2022 689 JO.609 21941 22.941 Stslf Co¥ts •nd zozJ 2022 27 653 27653 .78 NO￿￿¢yet& ie¢eived Inexctts oft60.rDJ Paid to Tnsstee SPtsLtses In the ye. In iesFeddwpykGwid CJits tt fithureyle thelwwl yeai ended 31 Decery&f 2023. charity wd £7 60512022 £nill Avencia ActtNnting LLP. acomp3rry%thth ha5 adireck(wfio 15¥soa Itu5￿ olihe (tstrty. DufifwJ Ihe ended 31 D￿ethI 2023. ltrechwty p•dE53313032 £rMII A￿kkeep1Thj Company brThied a co7vww￿Mch t4sa¢ecKYts 15450 attU51ee iJ%irtv. Cosi ofAudll¢V and other •ccowlry seTre5 2023 2022 $043 8.400 thl fees 13.766 Tugible lix•d •s¥elJ D@v￿10pm&￿t at Old Rope Wwlk Fixtures. furnishing# &4quipmont Aknshouse bdldi Lwnd ¥t Corf• Total Al 1 JanEWry 207J P4jIb￿ Al 31 0ecemlxr2023 50.558 8104 56.662 187.875 Z43.521 6104 249.625 187.87S 3.588 At 1 January 20TJ Charge for ihe yew Ai 31 D•cember 2023 3.746 1873 19 7025 2.016 book va At 31 DEcornb•r 2023 182.256 186 240.W At 31 DKember 2022 50.$58 184 129 309 236.496 15

Yh• Munlcipal & Owgn CarterAtmshou5e Charths Nole5 to the Accour tor theyear frnded 31 ljecember 21123 Old Ro Walk. SL Geory BuikiiThgs. Cost Vduat Giait 221 219 251 827 25,000 188.7521 5.619 188 7521 147.$07 18 10 Debtors 2023 2022 11.7631 4791 pAyE￿d Nl 3.715 2.350 11 InvutM•rf• h•ld 2022 Chles SLgrley Wlktho 391 380 332.509 74 603 60626 383.25D 313.072 73.349 55.524 825 195 ChaiuesOffKi. CCLA 12 C¥•dhoffs". amouitsfaifong due rKyeaF 2023 2022 PAYE and Nl CrU￿j exper Trade crethloTS Net wwJes 1.￿8 8.689 1.875 li oso 22.$38 14 162 13 Arnounts due after y￿r indvdqd in anW#."- 24f 27 387 27.387 16

Tho Municipal & Owen CartorAlmshouse Chaiit Noies to Accounts for the y8arended 31 Dec8mb•r 2023 14 Designated fvnd Prope Je¥elopment Extr ordinary ryirs Land & b¥ildin rv4eryes'. Al l )¥th1ry 20YJ ￿)vEm￿tI In yea Al 31 DeGernber2023 165.1 154 242 19 242 165 COJ 155.148 820.148 IS Investments reValUatK￿ reserve 2023 2023 Al l JanLw 2023 Atiwrg ¥ 199 762 286 810 t9 270 187.0481 Al 31 08¢w**r 2023 119 032 199.7 2023 2022 At l Januaty 2023 35 J55 17 0531 29.484 (99.9441 966 110.tYJO {10,WOI Transfer￿ & b￿ldI￿S ieser% Tran5ferlr(Kn e￿ra￿rth￿ary repwrsfvrnj Transferlo exliwrthnaty iepwI5 fvy¥J Transterto w¢)perty dewek)w￿I fund Reahged gwns ￿ VE¢J¥ts4olinve5bnw 5.349 Al 31 Dwnber2023 35 855