Lavenham Charities For the Poor
Receipts and Payments Accounts for the Year Ended
31 December 2022
Lavenham Charities for the Poor
Contents of the Financial Statements For the year ended 31 December 2022
| Page | |
|---|---|
| Independant Examiners' Report | 1 |
| Trustees' Report | 2 |
| Receipts and Payments Account | 3 |
Lavenham Charities for the Poor
Independent examiner's report on the accounts
| Set out on pages On accounts for the year ended Report to the trustees Address: Independent examiner's statement Professional qualification: Name: Signed: Responsibilities and basis of report |
4 to 5 Date: I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2022. Lavenham Charities for the Poor FMAAT I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act Sudbury Suffolk 8 Long Pastures Glemsford 31-Dec-22 CO10 7SS 234510 Charity No. 11/10/2023 Julian Donovan Stiff |
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Lavenham Charities for the Poor
Trustees' Annual Report for the period Period start date Period end date From 01/01/2022 To 31/12/2022
Section A Reference and administration details
Charity name Registered charity number Charity's principal address
Lavenham Charities for the Poor 234510 18 Peek Close Lavenham Sudbury Suffolk CO10 9FR
Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not
Trustee name Office (if any) entitled to appoint trustee (if
for whole year
any)
Reverend S Earl
Mr S Faiers
Mr A Fayers
Mrs S Fayers
Ms J Gosling
Mr J Heeks
Mr R Norman
Mr T Rhodes
Mr J Robinson Chairman
Mr P Robson
Mrs D Twitchett
Mrs M Wilding
Section B Structure, governance and management
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Description of the charity’s trusts
Type of governing document Charity Commission Scheme 24/04/1963, varied 07/10/1998. How the charity is constituted Trustee selection methods Existing Trustees by rotation and re-election, new Trustees by invitation and election.
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Lavenham Charities for the Poor
Section C Objectives and activities
| Summary of the objects of the charity set out in its governing document Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) |
To provide Almshouse accommodation and support to the needy of the village. 1. 8 Almshouses are provided in the village. 2. Grants to the needy are usually distributed twice a year. |
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| Section D Achievements and performance |
Section D Achievements and performance |
|---|---|
| Summary of the main achievements of the charity during the year |
The Charity continue to provide Almshouse accommodation and support to the needy of the village, as it has done for about 400 years. |
| Financial review Section E |
|
| Details of any funds materially in deficit Brief statement of the charity’s policy on reserves |
The reserves are maintained to provide income to distribute as grants to the needy of the village and for improvements to the Almshouses as required. |
| Declaration Section F |
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Date Position Signature(s) Full name(s) |
Chairman 04/10/2023 J Robinson Jeremy Robinson |
Vice Chairman 04/10/2023 J Gosling Jane Gosling |
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Lavenham Charities for the Poor
234510
Receipts and Payments Accounts
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For the period
01/01/2022 To 31/12/2022
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
"Old Town Lands" Dividends - 973 - 973 948
Maintenanace Contributons - Almspersons [ - ] 25,541 - 25,541 28,798
Interest & Dividends - 237 - 237 204
Other Income - 21 - 21 -
Land Rental & Wayleaves 5,968 - - 5,968 6,027
Intertest & Dividend 392 - - 392 148
- - - - -
- - - - -
Sub total (Gross income for
26,772 - 33,132 36,125
AR) [ 6,360 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 6,360 26,772 - 33,132 36,125
A3 Payments
Maintenance/Improveemnts to
Almshouses - 34,664 - 34,664 13,721
Telephone Rental - 199 - 199 203
Vacant House Costs - 1,092 - 1,092 195
Administration - 4,831 - 4,831 6,552
Insurance - 931 - 931 885
Grants to the Needy 6,940 - - 6,940 5,655
Land Agents Fees 576 - - 576 90
- - - - -
- - - - -
Sub total [ 7,516 ] 41,717 - 49,233 27,301
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments [ 7,516 ] 41,717 - 49,233 27,301
Net of receipts/(payments) - 1,156 - 14,945 - - 16,101 8,824
A5 Transfers between funds - - - - -
A6 Cash funds last year end 10,116 69,459 25,000 104,575 95,751
Cash funds this year end 8,960 54,514 25,000 88,474 104,575
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Lavenham Charities for the Poor
234510
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds B5 Liabilities B3 Investment assets |
J Gosling Signature J Robinson COIF - Deposit Account CCLA Endowmwent Fund Details Details Total cash funds Lloyds Bank - Treasurers Account - 454140 Cyclical Maintenance fund Details Details COIF - 415230001T "Old Town Lands" COIF - 415230001R "Ext Repair Fund M & G NAA Fund COIF - 822600001T "Charitable Fund" COIF - 9628400001B Details Lloyds Bank - Instant Access - 01194312 Lloyds Bank - Treasurers Account - 129754 |
Unrestricted funds Restricted funds to nearest £ to nearest £ - 52,328 85 - 2,101 8,460 500 - - 8,960 54,514 Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Restricted 246 Restricted 1 Restricted Un-restricted 29 Un-restricted 7 Fund to which asset belongs Cost (optional) - - - - - - - - Fund to which liability relates Amount due (optional) - - - - Print Name Jeremy Robinson Jane Gosling |
Endowment funds to nearest £ - - 25,000 - |
|---|---|---|---|
| 25,000 | |||
| Endowment funds to nearest £ - - - - - - Current value (optional) 32,571 57 5,456 3,899 959 Current value (optional) - - - - - - - - When due (optional) Date of approval 04/10/2023 04/10/2023 |
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