2023-12-31-accounts - Philip Metcalfe's Almshouses

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THE TRUSTEES OF PHILIP METCALFE ALMSHOUSES

CHAIRMAN’S REPORT 01/01/2023 – 31/12/2023

Throughout the year all properties were occupied with no change of residents, and no issues with the residents.

Significant improvements were undertaken as part of the Trustees strategy to update and future proof the properties. The existing oil fired central heating system was replaced by a ground source heat pump supplemented by solar panels in the adjoining field forming part of the Almshouse curtilage. This was largely funded by a grant from West Suffolk Council.

The surplus energy generated by the solar panelling will provide an income to offset the costs of running the ground source heat pump.

The Trustees also continued the improvement and updating of the fabric of the building.

To fund the improvements the Trustees called upon reserves accrued from previous years.

The Trustees have operated without the service of a clerk, and continue to look for a suitable candidate.

I thank my fellow trustees for their continued hard work and support throughout the year.

R A J Holliday Chairman

Name

CAF Cash Account			5270.95
CAF Gold Account			8279.68
M & G Charity Multi Asset
Income Shares	5353 @	0.8982	4808.06	(@ 31.12.2023)
(£4727.23 @31.12.2022)
CCLA Investment Management
COIF Charity funds
Income units	23.56 @	19.845	467.55	(@31.12.2023)
(£428.09 @ 31.12.22)

Income and Expenditure Account		-92.18
Rent Reserve		12600.00
Refurbishment Reserve		0.00
Extraordinary Repair Fund		0.00
		12507.82
Cash at Bank @31.12.2023
CAF Cash Account	5270.95
CAF Gold Account	8279,68
		13550.63
less
Creditors -
Cheques unpresented at 31.12.23
Grout Insurance	948.34
Chubb	94.47
		1042.81
		12507.82
		0.00

	01.01.23- 31.12.23	01.01.23- 31.12.23
		2023		2022
Balance Brought Forward			4942.60		8280.01
Income
Maintenance & Heating Contribution	19661.84			18685.18
Field Rent	0.00			0.00
Misc	40.00
M & G	203.41			187.34
COIF	12.84			12.80
GSHP Grant Note 1	94219.46
Interest - CAF	431.68		114469.12	171.98	19057.30
			119401.62		27337.31
Expenses
Anglian water	786.49			654.65
Electricity	3338.61			1220.24
Oil	2483.41			3614.96
GSHP alert	70.00
Maintenance	928.71			1202.70
Refurbishment and Repair	43618			19594.79
GSHP	112662.46	/
Bank charges	86.60			552.74
TV Licence	16.00			15.00
Council Tax	0.00			0.00
Window Cleaning	130.00			55.00
Subs - NAA	267.00			153.00
Insurance	1069.63			896.73
Gift to Examiner and Clerk	100.00			235.00
Misc - Xmas Gifts to Residents	160.00		166493.80	200.00	28394.81
Balance			-46092.18		-1057.50
Transfer to Rent Reserve
Transfer from Refurbishment Reserve			-22000.00		-6000.00
Transfer from Extraordinary Repair Fund			-24000.00
			-92.18		4942.50

Date
				Mr M and Mrs
			Mr V King	Mr K Baker S Taylor	Mr Dawson Mr	Robertson	CAF		M & G	COIF Misc
			No.1	No 2No3	No 4								0
				2.9.51 (M)
		DOB	19.5.41	07.07.59 31.7.54(S)	6.12.50	(Field)							Notes
1.23			407.33_i_	407.33_i_ 407.33	407.33-
2.23			407.33	407.33. 407.33-	407.33
28.02.23									42.82		3.23
3.23			407.33 .	407.33 407.33	407.33			118.34	-
3.23								13.85
4.23			407.33-	407.33- 407.33	407.33
5.23			407.33	407.33 - 407.33	407.33
17.05.23									42.82		3.19
6.23			407.33	407.33 407.33	- 407.33			21.43
								90.11	-
7.23			407.33	407.33 407.33	407.33
8.23			407.33	407.33 407.33	407.33
31.08.23									48.18		3.19
9.23			407.33	407.33 407.33	407.33
26.09.23								30.05	--
26.09.23								75.09
02.10.23			407.33	407.33 407.33	407.33
11.23			407.33	407.33 407.33	407.33
12.23			407.33	407.33 407.33	407.33			9.98	69.59		3.23
12.23								72.73
12.23	AMB											40	- Reimbursement for unused gift card
Total			4887.96	4887.96 4887.96	4887.96	0.00		431.58	. 203.41		12.84 - 40.00

				Philip	Metcalfe's Almshouses	Metcalfe's Almshouses	Metcalfe's Almshouses
					Expenditure 2023
Date Cheque Details No	Refurbishment Insurance		Maintenence & Repairs	Window Cleaning	Anglian Water	Electricity	Oil	ASHP alertTV Licence		Council tax	Auditors Almshouse & Clerk Association		Bank Charges	Misc
1.23bank fees													225
223bank fees													6.50 .r
21.1.23 - 580 chubb			138.24
21.1.23 581 anglian water					145.96
01.0223 _..-582 E.ON						103.33
24.0123 .-583 goB							675.96
19.0223 584 E.ON						76.77
3.23bank fees													8.00 r
21.02.23 585 goB 21.02.23 -586 A.Brown - Re Windows				65.00			839.48								Window Cleaner paid from own account and reimbursed
17.02.22 587 goB 4.23bank fees							629.61						725>"
10.4.23 -588 abate			114.00
10.4.23 - 589 goB							338.36
10.4.23 - 590 D. Felkus Upton			78.00
25.4.23 x.591 anglian water					148.63
25.423A.Brown -Re Vodafone 1-592								14.00
25.4.23 > _ 593 Bream 01.05.23 •x.594 abate	0		114.00												Voided - replaced by cheque 00599
5.23bank fees													8.75
523bank fees													5.75	--
6.23bank fees													5.75	-
7.6.23 ++ 595 D. Felkus Upton			156.00
22.7.23 596 anglian water					167.87
22.07.23 _ 597 D. Felkus Upton			156.00
22.0723 598 Grout Ins		111.29
17.07.23													5.00	-_
01.0923 - 599 Bream	43518
01.09.23 600 A.Brown -Re Vodafone								28
09.09.23 601 A.Brown - Re Windows				65
8.23													7.25
10.23													8.00 -'
21.09.23 602 D. Felkus Upton			78
25.09.23 603 TV licence									15
1023													5.75
12.11.23 604 anglian water					323.03
12.11.23 605 West Suffolk Council	18333
11.23									-				8.00
-7.12.23 DDR Octopus						501.44
3.12.23 .c 606 Re EON						1757.2
3.12.23 607 A.Brown -Re Vodafone								28
3.12.23 608 A.Brown - re Xmas Vouchers														260.00 i
3.12.233 -- 609 Grout Ins		948.34
19.12.23 __-610 Chubb 1912.23 -611 NAA			94.47									267
19.12.23 612 EON - 12.23						899.87							7.25
Total	61851	1059.63	928.71	130.00	785.49	3338.61	2483.41	70.00	15.00	0.00	0.00	267.00	85.50	260.00

Name

CAF Cash Account			5270.95
CAF Gold Account			8279.68
M & G Charity Multi Asset
Income Shares	5353 @	0.8982	4808.06	(@ 31.12.2023)
(£4727.23 @31.12.2022)
CCLA Investment Management
COIF Charity funds
Income units	23.56 @	19.845	467.55	(@31.12.2023)
(£428.09 @ 31.12.22)

Income and Expenditure Account		-92.18
Rent Reserve		12600.00
Refurbishment Reserve		0.00
Extraordinary Repair Fund		0.00
		12507.82
Cash at Bank @31.12.2023
CAF Cash Account	5270.95
CAF Gold Account	8279,68
		13550.63
less
Creditors -
Cheques unpresented at 31.12.23
Grout Insurance	948.34
Chubb	94.47
		1042.81
		12507.82
		0.00

	01.01.23- 31.12.23	01.01.23- 31.12.23
		2023		2022
Balance Brought Forward			4942.60		8280.01
Income
Maintenance & Heating Contribution	19661.84			18685.18
Field Rent	0.00			0.00
Misc	40.00
M & G	203.41			187.34
COIF	12.84			12.80
GSHP Grant Note 1	94219.46
Interest - CAF	431.68		114469.12	171.98	19057.30
			119401.62		27337.31
Expenses
Anglian water	786.49			654.65
Electricity	3338.61			1220.24
Oil	2483.41			3614.96
GSHP alert	70.00
Maintenance	928.71			1202.70
Refurbishment and Repair	43618			19594.79
GSHP	112662.46	/
Bank charges	86.60			552.74
TV Licence	16.00			15.00
Council Tax	0.00			0.00
Window Cleaning	130.00			55.00
Subs - NAA	267.00			153.00
Insurance	1069.63			896.73
Gift to Examiner and Clerk	100.00			235.00
Misc - Xmas Gifts to Residents	160.00		166493.80	200.00	28394.81
Balance			-46092.18		-1057.50
Transfer to Rent Reserve
Transfer from Refurbishment Reserve			-22000.00		-6000.00
Transfer from Extraordinary Repair Fund			-24000.00
			-92.18		4942.50

Date
				Mr M and Mrs
			Mr V King	Mr K Baker S Taylor	Mr Dawson Mr	Robertson	CAF		M & G	COIF Misc
			No.1	No 2No3	No 4								0
				2.9.51 (M)
		DOB	19.5.41	07.07.59 31.7.54(S)	6.12.50	(Field)							Notes
1.23			407.33_i_	407.33_i_ 407.33	407.33-
2.23			407.33	407.33. 407.33-	407.33
28.02.23									42.82		3.23
3.23			407.33 .	407.33 407.33	407.33			118.34	-
3.23								13.85
4.23			407.33-	407.33- 407.33	407.33
5.23			407.33	407.33 - 407.33	407.33
17.05.23									42.82		3.19
6.23			407.33	407.33 407.33	- 407.33			21.43
								90.11	-
7.23			407.33	407.33 407.33	407.33
8.23			407.33	407.33 407.33	407.33
31.08.23									48.18		3.19
9.23			407.33	407.33 407.33	407.33
26.09.23								30.05	--
26.09.23								75.09
02.10.23			407.33	407.33 407.33	407.33
11.23			407.33	407.33 407.33	407.33
12.23			407.33	407.33 407.33	407.33			9.98	69.59		3.23
12.23								72.73
12.23	AMB											40	- Reimbursement for unused gift card
Total			4887.96	4887.96 4887.96	4887.96	0.00		431.58	. 203.41		12.84 - 40.00

				Philip	Metcalfe's Almshouses	Metcalfe's Almshouses	Metcalfe's Almshouses
					Expenditure 2023
Date Cheque Details No	Refurbishment Insurance		Maintenence & Repairs	Window Cleaning	Anglian Water	Electricity	Oil	ASHP alertTV Licence		Council tax	Auditors Almshouse & Clerk Association		Bank Charges	Misc
1.23bank fees													225
223bank fees													6.50 .r
21.1.23 - 580 chubb			138.24
21.1.23 581 anglian water					145.96
01.0223 _..-582 E.ON						103.33
24.0123 .-583 goB							675.96
19.0223 584 E.ON						76.77
3.23bank fees													8.00 r
21.02.23 585 goB 21.02.23 -586 A.Brown - Re Windows				65.00			839.48								Window Cleaner paid from own account and reimbursed
17.02.22 587 goB 4.23bank fees							629.61						725>"
10.4.23 -588 abate			114.00
10.4.23 - 589 goB							338.36
10.4.23 - 590 D. Felkus Upton			78.00
25.4.23 x.591 anglian water					148.63
25.423A.Brown -Re Vodafone 1-592								14.00
25.4.23 > _ 593 Bream 01.05.23 •x.594 abate	0		114.00												Voided - replaced by cheque 00599
5.23bank fees													8.75
523bank fees													5.75	--
6.23bank fees													5.75	-
7.6.23 ++ 595 D. Felkus Upton			156.00
22.7.23 596 anglian water					167.87
22.07.23 _ 597 D. Felkus Upton			156.00
22.0723 598 Grout Ins		111.29
17.07.23													5.00	-_
01.0923 - 599 Bream	43518
01.09.23 600 A.Brown -Re Vodafone								28
09.09.23 601 A.Brown - Re Windows				65
8.23													7.25
10.23													8.00 -'
21.09.23 602 D. Felkus Upton			78
25.09.23 603 TV licence									15
1023													5.75
12.11.23 604 anglian water					323.03
12.11.23 605 West Suffolk Council	18333
11.23									-				8.00
-7.12.23 DDR Octopus						501.44
3.12.23 .c 606 Re EON						1757.2
3.12.23 607 A.Brown -Re Vodafone								28
3.12.23 608 A.Brown - re Xmas Vouchers														260.00 i
3.12.233 -- 609 Grout Ins		948.34
19.12.23 __-610 Chubb 1912.23 -611 NAA			94.47									267
19.12.23 612 EON - 12.23						899.87							7.25
Total	61851	1059.63	928.71	130.00	785.49	3338.61	2483.41	70.00	15.00	0.00	0.00	267.00	85.50	260.00