## **The Almshouses and Hospital of Miss Ann Bearpacker** 

## **Trustees Report and Unaudited Accounts** 

Charity number: 238708 

**31 December 2023** 



|**Contents**||
|---|---|
|Reference and Administrative Details|2|
|Trustees Report|3|
|Independent Examiner’s Report|6|
|Statement of Financial Activities (including Income & Expenditure account)|7|
|Balance Sheet|8|
|Notes to Financial Statements|9|



1 



## **REFERENCE AND ADMINISTRATIVE DETAILS** 

## **Charity Number** 

238708 

## **Trustees** 

The following trustees served during the year: 

A Bell R Bernays S Dove J Fryer (resigned 02.10.23) L Hewish (Chairman) D Moss G Wedlake 

## **Key Management Personnel** 

Chair Clerk to the trustees Clerk to the trustees 

Rev’d Lesley Hewish Jean Beryl Jarvis (resigned 12.10.23) Teresa Pottinger (appointed 13.10.23) 

## **Principal place of business** 

6 Holywell Road Wotton under Edge Glos GL12 7NJ 

## **Independent Examiner** 

Mrs J Roberts Willow Accountancy Ltd Willow Cottage Valley Road Wotton under Edge Glos. GL12 7NP 

## **Bank** 

Lloyds Bank P O Box 1000 Andover BX1 1LT 

2 



## **TRUSTEES REPORT** 

The trustees present their report and financial statements for the year ended 31 December 2023. 

## **OBJECTIVES AND ACTIVITIES** 

To provide accommodation for ten elderly, independent inhabitants (or close relatives of inhabitants) of the Parish of Wotton under Edge and members of the Church of England. 

To maintain the ten cottages and gardens that comprise Miss Ann Bearpacker’s Almshouses. 

## **Achievements and performance** 

2023 has been a year of changes for the residents and trustees of the Anne Bearpacker Almshouses. We were all very saddened by the death in October of Beryl Jarvis who had been our longstanding clerk for over 20 years. She was a wonderful clerk and much loved by everyone at the Bearpacker’s. She is sadly missed by us all. 

Full occupancy has been achieved during 2023.  There has been no change among our six lady and four gentleman residents. They continue to be self-sufficient and care and look out for each other. 

The cottages are kept in good order by the residents and maintained by Glenn Wedlake, our super maintenance man and his two helpers.  There have been no new major building works this year but lots of maintenance jobs to keep them busy. 

Easter is a time of giving and the residents were delighted as always to receive their golden chocolate bunnies.  Out of respect to Beryl the residents chose not to have their annual Christmas lunch out together. Instead Christmas hampers were given and residents were delighted, as they were by the Beavers carol singing visit. 

We were very sad to also say goodbye in October to Jean Fryer who had been a trustee for 17 years. Jean would never forget a resident’s birthday ensuring they always received a card. We are very grateful for all her help over the years and she will always remain a friend of the Bearpacker’s. 

We currently have five trustees and are therefore seeking one new trustee. 

In October we were delighted to welcome Teresa Pottinger as she took on the role of clerk. She is doing an amazing job getting to know the residents and them her too. She is making sure that everything is in place so that our charity runs smoothly. The residents and trustees are so grateful Teresa has come to join us. 

## **STRUCTURE, GOVERNANCE & MANAGEMENT** 

The Charity was founded in 1836 by Miss Ann Bearpacker.  It is governed by a deed of trust granted on 07/02/1838 and by the Charity Commission initially on 11/07/1916 with further updates as required by the commission. 

Trustees are appointed at any of the four general meetings by agreement of the Chairman and existing trustees.  The Chairman is the Vicar of The Parish Church of St Mary the Virgin. 

3 



## **FINANCIAL REVIEW** 

Income is received in the form of monthly maintenance payments from the residents. Larger projects are funded from accumulated reserves.  No major transfers from reserves were required this year. The costs of two replacement boilers were the largest expense which was covered by funds in the Lloyds Current Account.  There was therefore no requirement for an annual increase in the weekly maintenance payments from the residents. 

Budgeting for 2024 and 2025 has indicated a review of the weekly maintenance payments of a minimum of 2% to cover general increments in expenses during 2024. 

Specific expenses are likely for: 

- The replacement of two remaining older gas boilers. 

- A review is currently being undertaken in the resident’s kitchens which may mean installation of additional electrical sockets in some properties. 

- One resident’s bathroom may require a change of fittings (changing a bath into a walk in shower) to aid mobility purposes. 

- A change in management of accounting system from manual to a known computer package will incur a small monthly additional cost. 

- A re-evaluation of the buildings will be required as this has not been carried out for over 3 years 

- Safeguarding is being reviewed so DBS training and certification for all Trustees and Clerk will incur a small administrative fee during 2024. 

The Charity does not actively raise funds from the public. 

The Charity made a surplus of £12,986 (loss of £57,214, 2022 due to significant repairs and maintenance to the roof). 

## **Reserves Policy** 

Accumulated surpluses are held in COIF Charities Deposit Fund accounts for future large scale repairs and maintenance of the properties. 

## **Going Concern** 

At the time of approving the financial statements the Trustees have a reasonable expectation that the charity has adequate resources to continue in the operational existence for the foreseeable future.  Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 

4 



## **STATEMENT OF TRUSTEES RESPONSIBILITIES** 

The charity trustees are responsible for preparing a trustees annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed.  The Trustees are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Signed on behalf of the Charity’s trustees 

_Lesley Gillian Hewish_ Signed... ~~..........................................~~ Date………………………………….. signed on 28/10/2024, 15:06:30 GMT _Rev’d Lesley Hewish (Chair of trustees)_ 

5 



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Signatures' technical details
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## **`Signatures`** 

## **`vicar@tyndalebenefice.co.uk`** 

```
28/10/2024, 15:06:30 GMT
```

## **`Fingerprint`** 

```
cb94c87fc183ceedf07ff3c91c2ff5c2cba009e6
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## **`Event log`** 

```
10.50.10.23624/10/2024, 10:54:03 BST
Signing request created.
System24/10/2024, 10:54:06 BST
Notification sent to vicar@tyndalebenefice.co.uk.
System28/10/2024, 15:05:39 GMT
Signing page opened by signee vicar@tyndalebenefice.co.uk.
System28/10/2024, 15:06:31 GMT
Signee vicar@tyndalebenefice.co.uk signed document.
System28/10/2024, 15:06:31 GMT
Signing process completed.
Summary
Envelope's ID:8ogg8e7d
Document's hash:0e0f6927864d2ee820709fb8314731a000b9fc211463e0851d3800b73f90f643
Final stamp:28/10/2024, 15:06:33 GMT
```



**----- Start of picture text -----**<br>
Verification QR Code<br>**----- End of picture text -----**<br>






The Almshouse5 or Hospital of Miss Ann Bearpacker
Independent Examlners Report
Independent E¥amlner'5 Report to the trustees of The Almshoustt ar H05pltal of M555 Ann Bearpa¢ker
I report to the trustees on my examination of the financial statements of The Almshouses or H05Pital of Miss
Ann Bearpacker for the year ended 31 December 2023.
Re5ponslbllftles and basls ol report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance
with the reqLbirements of the Charities Act 20111'the Act'l.
I report In respert of my examlnation of the charlty's financial statements carried out under section 145 of
the 2011 Act and in carrying out my examination I have followèd all the applicable Directions given by the
Charity Commission under sertion 14515}Ibl of the Act.
Independent examlner's statrment
I have completed my examination. I can wnfirrn that no material matters have come to my attention In
Connection with the examination Biving me cause to believe that in any material respert:
the accounting records were not kept in respert of the charity as required by section 130 of the Att; or
the financial statements do not accord with those records: or
the financial statements do not comply with the applicable requirements concerning the form and
content of financial statements set out in the Charities (Accounts and Reports) Regulations 2￿8 other
than any requirement that the financial ststements give a Yrue and fair, vlew which is not a matter
considered a5 part of an independent examination.
I have no concerns and have come across no other matters in connertion with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
Jo Roberts
signed on 2111012024,16.47'.12 BST
Joanne Roberts ACMA
Willow Accountancy Ltd
Willow Cottage, Valley Road
Wotton Under Edge
Glos
GL12 7NP
05 Septèmber 2024
Page 6

The Almshouses or H05Pital of Miss Ann Bearpad(er
Statement of Financlal Activities
for the year ended 31 December 2023
Unrestrfcted
fvnds Total fvTrds Totsl fufids
2023
2023
2022
Notes
Income and endowments
Investments
7.736
32.146
7,736
32,146
1,852
30,939
Other
Total
39,882
39.882
32,791
Expendlture on:
Other
26,896
26,896
90,005
Totsl
26,896
26.896
90,005
Net gains on investments
Net Incomellexpendlturel
Transfers between funds
12,986
12,986
157,2141
Net incornellexpendlturel
before other gainslllossesl
12,986
12,986
157,2141
Other gains and1055es
Net rnoyement In lunds
12.986
12,986
157,2141
Recondllatlon of fvnds:
Total funds brought forward
703,469
703,469
760.683
Totsl funds carrled tO￿ard
716,455
716.455
703,469
Page 7

_Lesley Gillian Hewish_ signed on 21/10/2024, 17:09:01 BST 



The Almshouses or Hospltal of Miss Ann BeaTpa¢ker
Notes to the Accounts
for the year ended 31 Detember 2023
l Acwuntln8 pollcles
Basi5 of preparatlon
The financial statements have been prepared in accordance with Statement of Recommended Practice:
Accounting and Reporting by Charities preparing their 8CCOLbnts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the
Financial Reporting Standard applicable in the United Kingdom and Republic of I￿land IFRS 1021 and the
Charltles Act 2011.
Change in basis of accountlng or to pre¥ious accounts
There has been no change to the accounting policies Iv?luation rules and method of accounting) since
last year.
The balance sheet of the prior year12022} has been restated to show the value of the Almshouses and
land upon which they are built on the Balance Sheet and as50Ciated revaluation reserve.
Fund accounting
Unrestricted fund5 These are available for use at the discretion of the trustees in frJrtheran￿ of the
general objects of the charity-
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestrirted funds which include a revaluation reseNe rep￿sentifi8 the
restatement of investment assets at their market values.
These are available for use subject to restrirtions imposed by the donor or throL4gh
terms of an appeal.
Designated funds
Revaluation fvnds
Restrirted funds
Income
Recognition of
income
Income 15 included in the Statement of Financial Artivities ISOFAI when the charity
becomes entitled to, and virtually ￿rtain to receive, the income and the amount of
the income can be measured with sufficient reliability-
Income with related whe￿ income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income re￿ived by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional entitlement
to the income.
Tax reclaims on
Income from tax ￿claImS is included in the SOFA at the same time as the
donations and gifts giftldonation to which it relates.
Donated Services
These are only included in income (with an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not tncluded in the accounts.
Investment income This is included in the attounts when receivable.
Gains/llossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/llossesl on
investment assets
Thls includes any gain or loss on the sale of investments.
Page 9

The Almshouse5 or Hospltal of Miss Ann Bearpackef
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment mana8ement costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its artivities and
charitable activities services In the furtherance o* its objects. includlng the making of grants and
governance costs.
All grant expenditu￿ is accounted for on an artual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any auditlindependent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Other expenditure
Taxatlon
The charity is exempt from tax on its charitable artivities.
Freehold Investment property
Investment properties are measured initially at cost and subsequently at fair value when revalued
approximately every three years. All Bains or losses are taken to the revaluation reseThe as they arise.
Trade and other debtt>rs
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Ca$h and cash equlvalents
Cash and cash equivalent5 comprise cash at bank and on hand. demand deposits Wlth banks and other
short-term highly liquid investments with original maturitie5 of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts a￿ shown within l)orrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trdde and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Recelpt of donated Eoods, facllltle5 and servlces
All donated goods. facilitles and services recelved are recognised within incoming resources and
expenditure at an e5tim8te of the value to the charlty.
Page 10

The Almshouse5 or Hospital of Mi55 Ann Bearpacker
Notes to the Accounts
2 Incoffle from In¥estments
Unre5trlcted
Total
Total
2023
2022
Interest received
7,736
7,736
7,736
7,736
1,852
1,852
3 Other Income
Unrestflcted
Total
Total
2023
202Z
Maintenance Contributions
32,146
32,146
32,146
32,146
30,939
30,939
4 Other expendlture
Unrestrlcted
Total
Tolal
2023
2022
Employee costs
Premise5 Costs
2,044
23,388
1,104
360
2,044
23,388
1,104
360
3,178
84,956
1,871
General administrative costs
Legal and professional costs
26,896
26,896
90.005
5 Trusteè remuneration and expense5
One or more of the trustees has been paid expenses in the current or prior perlods.
2023
Number
2022
Number
Number of trustees paid expenses
The nature of the reimbursed expenses
Trustee5 are reimbursed for out of pocket expenses
incurred exclusively for the purpose of the Charity- Mr G
Wedlake (Trustee) was paid £1,019 for expenses and
£9,017 for 5ervi¢es12022: £6,281) in the period for
maintenance of the properties and gardens plus
a550Ciated expenses.
Total expenses reimbursed to trustees
10,314
6 Staff ￿$ts
2023
2.044
2022
Salaries and wages
3,178
3,178
No employee received emoluments in excess of E60,IXKI.
Page 11

The Almshouses or Hospital of Mlss Ann Bearpacker
Notes to the Accounts
7 Tan8lble Ilxed assets
Cost or revaluatlon
At l January 2023
At 31 December 2023
511,969
511.969
511,969
511,969
Net ljook values
At31 December 2023
At31 December2022
511,969
511,969
511,969
511,969
.12022 Restatedl
Prior year Fixed assets have been restated to include the value of Almshouse property and land up
which they a￿ built
8 Movement In funds
Incomlng
resources
At31
December
2023
(including
other
At l January galr1511055e5
2023
IRestatedl
Resources
expended
Restrlcted funds:
Unrestricted fvnds:
General funds
33.987
32,979
126,8961
40,070
Designated funds:
Cyclical Maintenance Fund
Extraordinary Repairs Fund
127,919
29,594
5,606
1.297
133.525
30,891
Totol
157,513
6,903
164.416
Revaluation Reserves:
Revaluation fund
511,969
511.969
Tott71 revt71ut7tion reserves
511,969
511.969
Total funds
703,469
39,882
126,8961
716,455
Purposes and restrictions in relation to the funds:
Revaluation reserves
Represents the revaluation of the Almshouse properties and land upon
which they are built
The prior period120221 reseNes have been restated to reflect the revaluatlon of the Almshouse property
and land upon which they are built.
Designated funds..
Cyclical Maintenance Fund
Periodic repalr and maintenance of property
Extraordinary Repairs Fund Substsntial repair and maintenance of property
Page 12

The Almthouses or Hospltal ol Miss Ann Bearpacker
Notes to the Accounts
9 Analysi5 of net assets between funds
Unrestricted
funds
Restrirted
funds
Totsl
Fixed assets
511,969
164,416
676.385
511,969
204,486
716,455
Net current assets
40,070
40,070
Page 13

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Signatures' technical details
```

## **`Signatures`** 

## **`jo@willowaccountancy.co.uk`** 

```
21/10/2024, 16:47:12 BST
```

## **`Fingerprint`** 

```
cf11a94c4c0f0212353f7dbf986d89603d6761e8
```

## **`vicar@tyndalebenefice.co.uk`** 

```
21/10/2024, 17:09:01 BST
```

## **`Fingerprint`** 

```
5a4fc73dc7c34b127449e32f85f86d86639c8faa
```

## **`Event log`** 

|**`Event log`**||
|---|---|
|`10.50.10.236`|`21/10/2024, 16:45:55 BST`|
||`Signing request created.`|
|`System`|`21/10/2024, 16:45:58 BST`|
||`Notification sent to jo@willowaccountancy.co.uk.`|
|`System`|`21/10/2024, 16:46:06 BST`|
||`Signing page opened by signee jo@willowaccountancy.co.uk.`|
|`System`|`21/10/2024, 16:47:12 BST`|
||`Signee jo@willowaccountancy.co.uk signed document.`|
|`System`|`21/10/2024, 16:47:13 BST`|
||`Notification sent to vicar@tyndalebenefice.co.uk.`|
|`System`|`21/10/2024, 17:08:02 BST`|
||`Signing page opened by signee vicar@tyndalebenefice.co.uk.`|
|`System`|`21/10/2024, 17:09:01 BST`|
||`Signee vicar@tyndalebenefice.co.uk signed document.`|
|`System`|`21/10/2024, 17:09:01 BST`|
||`Signing process completed.`|
|**`Summary`**||
|**`Envelope's ID:`**|`8h3c8hmj`|
|**`Document's hash:`**|`a234204c7a01e013cc908d014ba6b537cf5157764d05c112aaf6270e89bf4c76`|
|**`Final stamp:`**|`21/10/2024, 17:09:04 BST`|






```
Verification QR Code
```





The Almshouse5 or Hospital of Miss Ann Bearpacker
Independent Examlners Report
Independent E¥amlner'5 Report to the trustees of The Almshoustt ar H05pltal of M555 Ann Bearpa¢ker
I report to the trustees on my examination of the financial statements of The Almshouses or H05Pital of Miss
Ann Bearpacker for the year ended 31 December 2023.
Re5ponslbllftles and basls ol report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance
with the reqLbirements of the Charities Act 20111'the Act'l.
I report In respert of my examlnation of the charlty's financial statements carried out under section 145 of
the 2011 Act and in carrying out my examination I have followèd all the applicable Directions given by the
Charity Commission under sertion 14515}Ibl of the Act.
Independent examlner's statrment
I have completed my examination. I can wnfirrn that no material matters have come to my attention In
Connection with the examination Biving me cause to believe that in any material respert:
the accounting records were not kept in respert of the charity as required by section 130 of the Att; or
the financial statements do not accord with those records: or
the financial statements do not comply with the applicable requirements concerning the form and
content of financial statements set out in the Charities (Accounts and Reports) Regulations 2￿8 other
than any requirement that the financial ststements give a Yrue and fair, vlew which is not a matter
considered a5 part of an independent examination.
I have no concerns and have come across no other matters in connertion with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial
statements to be reached.
Jo Roberts
signed on 2111012024,16.47'.12 BST
Joanne Roberts ACMA
Willow Accountancy Ltd
Willow Cottage, Valley Road
Wotton Under Edge
Glos
GL12 7NP
05 Septèmber 2024
Page 6

The Almshouses or H05Pital of Miss Ann Bearpad(er
Statement of Financlal Activities
for the year ended 31 December 2023
Unrestrfcted
fvnds Total fvTrds Totsl fufids
2023
2023
2022
Notes
Income and endowments
Investments
7.736
32.146
7,736
32,146
1,852
30,939
Other
Total
39,882
39.882
32,791
Expendlture on:
Other
26,896
26,896
90,005
Totsl
26,896
26.896
90,005
Net gains on investments
Net Incomellexpendlturel
Transfers between funds
12,986
12,986
157,2141
Net incornellexpendlturel
before other gainslllossesl
12,986
12,986
157,2141
Other gains and1055es
Net rnoyement In lunds
12.986
12,986
157,2141
Recondllatlon of fvnds:
Total funds brought forward
703,469
703,469
760.683
Totsl funds carrled tO￿ard
716,455
716.455
703,469
Page 7

_Lesley Gillian Hewish_ signed on 21/10/2024, 17:09:01 BST 



The Almshouses or Hospltal of Miss Ann BeaTpa¢ker
Notes to the Accounts
for the year ended 31 Detember 2023
l Acwuntln8 pollcles
Basi5 of preparatlon
The financial statements have been prepared in accordance with Statement of Recommended Practice:
Accounting and Reporting by Charities preparing their 8CCOLbnts in accordance with the Financial
Reporting Standard applicable in the UK and Republic if Ireland IFRS 1021 issued on 16 July 2014 and the
Financial Reporting Standard applicable in the United Kingdom and Republic of I￿land IFRS 1021 and the
Charltles Act 2011.
Change in basis of accountlng or to pre¥ious accounts
There has been no change to the accounting policies Iv?luation rules and method of accounting) since
last year.
The balance sheet of the prior year12022} has been restated to show the value of the Almshouses and
land upon which they are built on the Balance Sheet and as50Ciated revaluation reserve.
Fund accounting
Unrestricted fund5 These are available for use at the discretion of the trustees in frJrtheran￿ of the
general objects of the charity-
These are unrestricted funds earmarked by the trustees for particular purposes.
These are unrestrirted funds which include a revaluation reseNe rep￿sentifi8 the
restatement of investment assets at their market values.
These are available for use subject to restrirtions imposed by the donor or throL4gh
terms of an appeal.
Designated funds
Revaluation fvnds
Restrirted funds
Income
Recognition of
income
Income 15 included in the Statement of Financial Artivities ISOFAI when the charity
becomes entitled to, and virtually ￿rtain to receive, the income and the amount of
the income can be measured with sufficient reliability-
Income with related whe￿ income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
legacies
Voluntary income re￿ived by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional entitlement
to the income.
Tax reclaims on
Income from tax ￿claImS is included in the SOFA at the same time as the
donations and gifts giftldonation to which it relates.
Donated Services
These are only included in income (with an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable, measurable and
material.
Volunteer help
The value of any volunteer help received is not tncluded in the accounts.
Investment income This is included in the attounts when receivable.
Gains/llossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gains/llossesl on
investment assets
Thls includes any gain or loss on the sale of investments.
Page 9

The Almshouse5 or Hospltal of Miss Ann Bearpackef
Notes to the Accounts
Expendlture
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment mana8ement costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its artivities and
charitable activities services In the furtherance o* its objects. includlng the making of grants and
governance costs.
All grant expenditu￿ is accounted for on an artual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any auditlindependent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Other expenditure
Taxatlon
The charity is exempt from tax on its charitable artivities.
Freehold Investment property
Investment properties are measured initially at cost and subsequently at fair value when revalued
approximately every three years. All Bains or losses are taken to the revaluation reseThe as they arise.
Trade and other debtt>rs
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Ca$h and cash equlvalents
Cash and cash equivalent5 comprise cash at bank and on hand. demand deposits Wlth banks and other
short-term highly liquid investments with original maturitie5 of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts a￿ shown within l)orrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Trdde and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Recelpt of donated Eoods, facllltle5 and servlces
All donated goods. facilitles and services recelved are recognised within incoming resources and
expenditure at an e5tim8te of the value to the charlty.
Page 10

The Almshouse5 or Hospital of Mi55 Ann Bearpacker
Notes to the Accounts
2 Incoffle from In¥estments
Unre5trlcted
Total
Total
2023
2022
Interest received
7,736
7,736
7,736
7,736
1,852
1,852
3 Other Income
Unrestflcted
Total
Total
2023
202Z
Maintenance Contributions
32,146
32,146
32,146
32,146
30,939
30,939
4 Other expendlture
Unrestrlcted
Total
Tolal
2023
2022
Employee costs
Premise5 Costs
2,044
23,388
1,104
360
2,044
23,388
1,104
360
3,178
84,956
1,871
General administrative costs
Legal and professional costs
26,896
26,896
90.005
5 Trusteè remuneration and expense5
One or more of the trustees has been paid expenses in the current or prior perlods.
2023
Number
2022
Number
Number of trustees paid expenses
The nature of the reimbursed expenses
Trustee5 are reimbursed for out of pocket expenses
incurred exclusively for the purpose of the Charity- Mr G
Wedlake (Trustee) was paid £1,019 for expenses and
£9,017 for 5ervi¢es12022: £6,281) in the period for
maintenance of the properties and gardens plus
a550Ciated expenses.
Total expenses reimbursed to trustees
10,314
6 Staff ￿$ts
2023
2.044
2022
Salaries and wages
3,178
3,178
No employee received emoluments in excess of E60,IXKI.
Page 11

The Almshouses or Hospital of Mlss Ann Bearpacker
Notes to the Accounts
7 Tan8lble Ilxed assets
Cost or revaluatlon
At l January 2023
At 31 December 2023
511,969
511.969
511,969
511,969
Net ljook values
At31 December 2023
At31 December2022
511,969
511,969
511,969
511,969
.12022 Restatedl
Prior year Fixed assets have been restated to include the value of Almshouse property and land up
which they a￿ built
8 Movement In funds
Incomlng
resources
At31
December
2023
(including
other
At l January galr1511055e5
2023
IRestatedl
Resources
expended
Restrlcted funds:
Unrestricted fvnds:
General funds
33.987
32,979
126,8961
40,070
Designated funds:
Cyclical Maintenance Fund
Extraordinary Repairs Fund
127,919
29,594
5,606
1.297
133.525
30,891
Totol
157,513
6,903
164.416
Revaluation Reserves:
Revaluation fund
511,969
511.969
Tott71 revt71ut7tion reserves
511,969
511.969
Total funds
703,469
39,882
126,8961
716,455
Purposes and restrictions in relation to the funds:
Revaluation reserves
Represents the revaluation of the Almshouse properties and land upon
which they are built
The prior period120221 reseNes have been restated to reflect the revaluatlon of the Almshouse property
and land upon which they are built.
Designated funds..
Cyclical Maintenance Fund
Periodic repalr and maintenance of property
Extraordinary Repairs Fund Substsntial repair and maintenance of property
Page 12

The Almthouses or Hospltal ol Miss Ann Bearpacker
Notes to the Accounts
9 Analysi5 of net assets between funds
Unrestricted
funds
Restrirted
funds
Totsl
Fixed assets
511,969
164,416
676.385
511,969
204,486
716,455
Net current assets
40,070
40,070
Page 13

```
Signatures' technical details
```

## **`Signatures`** 

## **`jo@willowaccountancy.co.uk`** 

```
21/10/2024, 16:47:12 BST
```

## **`Fingerprint`** 

```
cf11a94c4c0f0212353f7dbf986d89603d6761e8
```

## **`vicar@tyndalebenefice.co.uk`** 

```
21/10/2024, 17:09:01 BST
```

## **`Fingerprint`** 

```
5a4fc73dc7c34b127449e32f85f86d86639c8faa
```

## **`Event log`** 

|**`Event log`**||
|---|---|
|`10.50.10.236`|`21/10/2024, 16:45:55 BST`|
||`Signing request created.`|
|`System`|`21/10/2024, 16:45:58 BST`|
||`Notification sent to jo@willowaccountancy.co.uk.`|
|`System`|`21/10/2024, 16:46:06 BST`|
||`Signing page opened by signee jo@willowaccountancy.co.uk.`|
|`System`|`21/10/2024, 16:47:12 BST`|
||`Signee jo@willowaccountancy.co.uk signed document.`|
|`System`|`21/10/2024, 16:47:13 BST`|
||`Notification sent to vicar@tyndalebenefice.co.uk.`|
|`System`|`21/10/2024, 17:08:02 BST`|
||`Signing page opened by signee vicar@tyndalebenefice.co.uk.`|
|`System`|`21/10/2024, 17:09:01 BST`|
||`Signee vicar@tyndalebenefice.co.uk signed document.`|
|`System`|`21/10/2024, 17:09:01 BST`|
||`Signing process completed.`|
|**`Summary`**||
|**`Envelope's ID:`**|`8h3c8hmj`|
|**`Document's hash:`**|`a234204c7a01e013cc908d014ba6b537cf5157764d05c112aaf6270e89bf4c76`|
|**`Final stamp:`**|`21/10/2024, 17:09:04 BST`|






```
Verification QR Code
```