DUNK'S ALMSHOUSE CHARITY
CHARITY NUMBER 240563
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

DUNK'S ALMHOUSE CHARITY
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
INDEX
PAGE
Legal and Administrdtive Information
Truscees, Report
Independent Examiner's Rep)rt
Ststement of Financial Activitses
Balance Sheet
Notes to the Financial sta￿ments
Income and Expenditure Account

Dunies Almshouse Charity
Legal and Administrative Inforniation
Trustees
Following a resolution da￿ 23 April 2013 the intsntion is for there to be eleven trustees. These
would consist ofr
One Ex-officio Tru￿ - teing the wcar for the time being ofthe Parish of Hawkhurst (but the vicar
ha5 resigned from the Board of Trustees with effect from 5 August 2022 and has not been replaced).
Five representative Trustees- being apFointrd by the Parish Council of HawkhursL
Six co-optauve Trustees - being persons residing or carrying on busine$5 in or near the Ancient
Parish of Hawkhursc
The Trus￿$ who have served during the year Y￿e.
Mr N Collison
Mr5 C Rea
Rev R G Dreyer
Mrs E B Weathedy
Mrs S Cornish
Mrs J Faulkner
Mrs M Woodyer
Mr C Faulkner
Miss E C Roberts
S Bartley
Mrs G Cannon
Mrs H Van Kan
Representative and Chairnmn
Representative Treasurer
Ex Officio resigned 5 August 2022
RepresentstFve- resigned 26 January 2023
Representative
c(￿pEa￿Ve
Co-OPt3tive - resigned 8 August 2022
optative
CowOPtative
Cothoptstive- resigned I S May 2023
Representaove- appointed l O November 2022
Representative- app)inted 19 January 2023
Principal Office
Clerk to Trus¢ees
Mrs L Panting
Dunks Office
Flat 5 Dunk's Almshouse
Rye Road
Hawkhursc
Kent TN18 4HF
Bankers
Barclays Bank plc
A5hford Branch
66 High Street
Ashford
Kent
TN24 8TL
Solicitor
Buss Murcon LLP
Clermont House
Independent Examiner
Mccabe Ford Williams
Bank Chambe
High Street
CKANBROOK
CRANBROOK
Kent
TN173DN
Kent
TN173EG
Page I

Dunies Almshouse Charity
Trustees. Report
Objects Of The Charity
The objects of the Chariry are to provide accomrnodacion for poor persons of good charatter who
(except in special cases to be approved by the charity commission) haye resided in the area of the
Aneient Parish of Hawkhurs¢ for not les5 than two years prior to their appointment
The charity was established by the Will of Sir Thomas Dunk dated 8 July 1718 by which he
bequeathed land at Hawkhurs¢ Kenc on which he dIreC￿d that a lyjilding should be eretted with
money also bequeathed by him to comprise six almshouses. a school and a Schoolmas￿r'S house to
be administered by trustees as described in his will. The building wa5 erected after his death by his
executor and the charity was orgdni5ed in accordance with his direcrion
The building was extended in the 19 cenwry to provide more space in the almshouse5.
By an Order of the Charity Commission dated 19 August 1904 the part of the Charity comprising
the almshouses separated from the part held for educational purpose5, the two charities to be
henceforth called Dunk's Almshouse Chartry and Dunk's Educational Foundation respectivety.
Dunk's Almshouse Charity (including another charity called Springett's Eleem05ynary Donation) are
now governed by a Scheme made by the Chariry Commission dated 15 February 1916 a5 varied by
a Scheme dated 25 September 1970.
In 1969170 the six almshouses together with a part of the buildin& which was leased to Dunk's
mshouse Charity by Dunk'5 Educational Foundation by a lease for 99 years from l June 1970,
were converted into eleven modernised almshouses. In 1991 National Westminster Bank PLC
donated to the Trustees of Dunk's Almshouse Charry a piece of adjoining land to be used for the
purp05e5 of the Chariry and UFX)n the tharitsble trusts applioble thereto.
Four bLrngalows were built behind the Origin￿ almshouses over the period from l January 1998 to
31 December 20CiI.
From 20 January 1998 the Charity is a Registered Sociai Landlord under the Housing Act 1996
Organisation
The Trustees who Se￿ed during the year are Set out on page on& The Representative Trus￿$ are
appointed by the Parish Council and the CowOPtative Trustee5 are people residing or (3rrying on a
business in or near the Parish of HawkhursL The trustee5 meet quarterty.
Page 2

Dunles Almshouse Charity
Tru5tees' Report Continued
Reserves Policy
It ￿ds the policy of the chariry to build up the Extrnordinary Repair Fund to a target of £200,O¢JO by
2017. to provide sufficient funds to deal with a major emergency, such as a fire wth consequent
costs of rehousing the residents during a period of repair. The Cyclical Maintenance Fund should be
maintsined ac a level to adequatety cover the budgeted MaIn￿nanCe costs for the forthcoming year.
while the General Fund should be maintained at a level to adequatrly cover the budgeted cos
excluding the maintenance costs. for the coming year. At the year end the balance on the
Extraordinary Repair Fund stood at £332,683.
Risk Management
The Trustees have assessed the major risks to vthich the chartty is exposed. in parttcular those
relating to the building. opernrions and finance5 of the charity and are satisfied that systems are in
place co mtcigate their exposure to the major risk
Public Benefit
The trustees confirm that they have referred to the guidance contained in the Charity Commission's
general guidance on public benefit when reviewing the Trust's aims and objecuyes and in planning
future activitie5.
ststement of Trustees. Responsibilities
Charity law requires the Trusrees to prepare financial statements for each financial year which ￿ve a
true and fair view of the affairs of the Charity and of its financial activities for that period. In
preparing those financial Staternen￿ the Trustees are required to: .
select suitable accounting ￿1cleS and appty those FK)licies consistentlr,
b)
make judgements and estimates that are reasonable and pruden(
sratr whether applicable accounting standards and st2￿ments of recommended
practice have been followed subject to any deparnires disclosed and explained in
the financial sratementS.'
d) prepare the financial statements on the going COn￿rn basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustres are responsible for keeping proper accounting records which disclose reasonable
accurdcy at any time the financial position of the Chartry and to enable theTn to ensure that the
financial statements comply the relevant provisions of the Charities Att 2011. They are also
responsible for safeguarding the assets of the charity and, henc< for tsking reasonable steps for the
prevention and detecuon of fraud and other irregularities.
Page 3

Dunies Almshouse Charity
Trustees. Report Continued
Review of The Year and the Future
Dunk5 Almshouse Charty held a good 2nd stable financial position throughout 2022. This
despite rising utility costs and ongoing maintenance of the residential properties, school
hall and communal 2re2S.
Trustee Nigel Collison
Trustee C Rea
Date
SJ 7.13
Page 4

Dunvs Almshouse Charity
Independent Examinerfs Report to the Trustees of the Dunk's Almshouse Charity
We report on the accounts of the Trust for the year ended 31 December 2021 which are Set out
on page5 1 to 12.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the prepardtion of the accounts; you consider that
the audit requirement of settion 144 of the Charrtie5 Att 2011 (the Att) does not apply. It is my
responsibility to examine the accounts {under section 145 of the 201 l Affj to follow procedures laid
down in the General Directions &riven by the Charity Commissioners under sectyon 145(5)Ib> of the
201 l Att and to sttte Ythether particular matters haye come to our attention.
Basis of independent examinerfs report
My examination ￿ds carried out in accordance ￿￿th the Genernl Directions @'ven by the Charity
Commissioners. An examination includes a wew of the accoijniing records kept by the charity and
a comparison of the accounts presented with those records. It also includes considet7uon of any
unusual items or disclosures in the accounts and seeking explanaiions from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an aud[¢ and consequently we do not express an audit opinion on the view
ven by the accounts.
Independent examinerfs statement
In connection with my examination. no matter has come to our attention:
(l ) which gives me reasonable cause to believe that in any material respett the r4uirements
to keep accounting records in accordance section 130 of the A¢ and
to prepare accounts which accord with the accounting records and to comply with the
accounting requirements of the Att
have not been me¢ or
(2) to which. in my opinion. attention should be drawn in order to enable a proper understanding
of the accounts to be reached.
DBOO
yer
Mccabe Ford Williams
Chafftred Accountant
Bank Chamber5
High Street
Crnnbrook
Kent TN17 3EG
. ZOLJ

DunV¥A1msho￿o￿lty
Stst•m•ntfAFInana￿Ad¥l￿fj￿
For th¢Ye4r l￿derf 31 Dqttrrthv 1022
T¢X
JI.IL
Interex
4J2
5J
SJg•
•6.ll52
5J52
114
101174
1011174
93.98D
Rencpahl
Cyclkal
957
957
457
31￿37
4.781
5Z¥
4J46
10059
IOW9
tax
3,￿3
3J45
3.275
3.401
Insur¥Ke
3J45
34J46
42J•S
71hS2
69.479
ACC￿1￿￿*
CkTW&feps
033
g.QPJ
7,969
85,745
77.448
(34M6) 5•h75
14J
I￿32
{117n)
IM)
6Y.452
(1177J)
(34J161 44556 P4.047)
Trants rts Cy￿￿tr
5•.WD
Iiim)
41•4)
rs
(58411 (JW
Re¢*indll*M dknds
TO1￿ frJnth &vOu￿tfOrW￿d
265,703
J6fi.78Y
712
lJJ.9
7ty5314
251
3JlUJ
7S4,OJI
79TJ98

Dunk's Almshouse Chwity
Balante Sheet
As at 31 December 2022
Pern)anent Extraorrfinary Cydical
Endowmert
Repalr
Mwntenanre fj¢ner31
Fund
Tot
Total
Fund
Fund
Fund
31.1122
Note
Freehold Property
Cost
239,153
(83.233)
155,920
239.IS3
(83,233)
155.920
239.153
183,2331
ISS,920
Less soc￿1 Heusing Granr
Investment$
97.070
331683
46.50S
476.258
529,254
Flxed A55ets
2Si990
331083
46,505
631178
685,174
Current Assets
Debtors and prepaym￿￿
COIF Depos1¢
Curyent Account & cash
I169
27.289
71419
101,B77
1169
67.705
72.419
142.293
5,611
61,682
45,401
112.704
4Q416
40.416
Current Llabllitie5
Creditors
19,840
19.840
6.580
Net Current A%sets
40.410
8I037
122.453
Net Assets
25L990
331683
40.416
128,542
754.631
791,298
Funds
Perm3nent ErthW[￿￿t Fund
Extraordinary Retwr Fund
Cycllcal Fund
General Fund
2549YQ
2S1990
331683
40.416
128.S42
754.631
165,763
366,787
24.762
133.986
791.298
331683
40.416
128,542
128.542
2S2.990
33L683
40.410
The financial statements have bÉen prepared in accorthnce ￿th the rewiremerrts of FPS102 and of the
of Recommended Practice. Accounting and Reporring by Ch¥iiie&
Approved by the Trustees
Signed Nigel Collison
s￿ed C Rea
Dated
31.7.2)

Dunles Almshouse Charity
Notes to the Financial Statements
for the year ended 31 December 2022
I. ACCOUNTING POLICIES
asis of Preparation
These accounts combine the accounts of all funds which are governed by the terms of the order
dated 15 February 1916. They have been prepared on the accruals basi5 and include itsms of
income and expenditure as they are earned or incurred. rather than as cash is received or paid.
The accounts are prepkred in accordance with the provisions of Section l A "Small Entities" of
Financial Repo￿ng Standard 102 "The Financial Reporung Standard applicable in the UK and
Republic of Ireland" and the Sratement of Recommended Pracuce "Accounting and Reportyng by
Charities" 2015. They have been prepared under the histori¢31 cox convention txtspt for
investments vthich are carried at market Ydlue.
The accounts are stated in £.
Fund Accounting
The Charity's Permanent Endowment Fund comprises the ori&rinal land and buildings together
th subsequenc addityons and certain invesunen
The Charitls unrestricted funds consist of funds which the chariry may use for its purposes at its
discretion.
The Charity has set aside cerrain Sums in designated funds as follows:
Cyclical Maintenance Fund.
Funds Set aside by the Chancy 10 cover reFAirs and maintenance of the properties necessary at
irregular intrrvals. This is maintsined to meet the next yearfs annual Main￿nanC
Extraordinary Repair Fund.
Funds set aside by the Charity for future major works. improvements and replacement
expenditure.
Fixed Assets and Depreclation
Fixed assets are fdlued at the cost of land and buildings incurred by the Chariry. No value is
included for the oriwnal land and buildin￿ bequeathed to the Charity or subsequent &ifts prior to
the introducuon of the chariues SORP in 1995.
The land and building5 are considered to be inalienable and to have an indefinitety long useful life.
An annual provision is made for maintenance and repairs but depreciauon is not provided on the
grounds that the annual charge and accumulated fijnd would not be ma￿rial.
The social housing grdnt is shovffj as a deductyon in accordance v￿th the Generdl Dererniination
2006 for Registered Social Landlord5.
Page 8

Dunies Almshouses Charity
Notes to the Financial Statements
for the year Ended 31 December 2022
Investments
Investments are included in the accounts at market value.
Investment Income
Dividends are credited in the accounts when received and credtc is taken for interest when it falls
due.
Administration Expenditure
Administrntton expendicure comprises all costs incurred in running the Charity and are recognised
when a legal and constrLKtNe obligation is established.
Going concern
The trustees consider that the￿ is no material uncertainty relating to going concern and consider
that the Charity is in a position to meet its financial obligations as they fall du&
2. INCOME AND EXPENDITURE
31.12.22
31.12.21
Maintenance contributions
receivable in the year
£96,052
£88.714
Arrears due on 31.12.22
£3.125
There were no service charges or revenue grants recer¥ed in the year. There were no
maintenance contribution5 losses during the year (2021-£3,867).
Accommodation in Management
At 31 December 2022 there were eight double and seven single flats owned and managed by the
Charity, of which 14 were housing accommodation units. One single flat has been converted to
provide laundry facilities and office tscilitie& Income 15 recorded Ythen due.
Page 9

Dunies Almshouse Charity
Notes to the Financial Statements
for the year ended 31 December 2022
2. INCOME AND EXPENDITURE (continued)
Employees
There was one employee during the year. No trustees receNed any remuneration during
the year.
3. FIXED ASSETS
Freehold Properry
C05t brought 10Th￿ard at l January 2022
Additions in year
31.12.21
31.12.21
239.153
239,1 $3
Cost carried forvfdrd at 310ecember 2022
£239.153
£239.153
4. INVESTMENTS
31.12.21
31.12.21
Endowment Fund
5340.89 COIF Income Share5
97,070
109.843
£97,070
£109.843
Extraordinary Repair Fund
2.032.19 COIF Income shares
1.340.05 COIF Accumulation shares
36,935
295,748
41.795
324.992
£332.683
£366,787
31.12.22
31.12.21
General Fund
1558.73 COIF Income shares
46.505
52.624
Page 10

Dunles Almshouse Charity
Notes to the Financial Statements
for the year ended 31 December 2022
5. RELATED PARTh TRANSACTIONS
Dunk's And Springett's Educational Foundation (Charity Number 307664) is under the control of
the same Committee of Trustee&
During the year Dunk's And Springett's Educational
Foundation charged Dunk's Almshouse Charity £8,957 in rent for 3 flats (2021: £8,454. In
addition, some charges made to Dunk's Almshouse Chariry are recharged to Dunk's And
Springett's Educational Foundation.
At the year end Dunk's And Springett's Educational
Foundation owed Dunk's Almshouse Charity £498 (2021.. £402).
Payments totalling £27,549 were made in the year to Mr C Faulkner. These were approved by
the Building sub-committee and Mr Faulkner did not participate in the vote. It is regarded to be
open market value for the work performed.
Payments totalling £555 were made in the year to Mrs J Faulkner for cleaning services. It is
regarded to be open nurket value for the work Ferfornied.
6. TRUSTEE REMUNERATION AND EXPENSES
No trustees have been paid remunerntion or expenses during the year.
Page 11

Dunk's Almshouse Charfty
Inwme arLd Expefiditsre AcC￿nt
Forthe Y&v enthd 31 December 2022
Fund
Fund
Fund
Fund Jl.IL22
31.1121
Turnovtr
MaIntenan￿ contri1￿￿
96.052
96.052
86.714
Less Opernting Costs
Rwc pald
Cyclld M￿￿tr￿an
Other M￿ntenanCe
&957
8,9S7
34.346
8,457
37,037
4,781
527
34J46
10,059
10.059
Gardening
ttraordinary tnwnfw
te5
3.093
3.845
3.093
3M45
3.175
3.401
408
Insurance
Trustee insuran
Ga5 and dettrfclty
A¢counwcylAudit
Professlonal fees
aa)nlng
Clerk's fees and expenses
Offitt costs
9.147
1.038
348
033
266
510
266
ial 3CtiYiDe5
510
1.588
34.346
49.443
8S.744
Operadn8 Surplus
134J461 46.609
10.308
F￿ofil1LOss oflnbwtrr*
Interest rKei¥able ￿ Oth￿ I￿Orn
6.022
6.022
5266
Surplu5 on ordimary a¢tsvitses
before taatiori
134.3461
51631
1&330
16,532
T3x on SU￿￿5 on ￿￿ties
Gonr receivible against twdon
Suryl¥sforthe year
134.3461
51631
16.330
16532
Transfer to Cydical thjnd
Transfer to Extraordinary Fund
$0.000 (50,000)
Unreallsed I￿n￿l00s5esTr en In￿￿$tr￿￿ts
1117731
134.1051
1(119)
15199n
69.452
ft•¢¢yKiliation of Fumd.
265,763
36&787
24,762
133.986 791,298
705.314
2519YJ
3316B2
34.297
136.617 754.631
791.298
The resuk lor theyw rdates wwy to cwunulrq actmtye
Page 12