WINIFRED BAMFORD HESKETH ALMSHOUSES Re "stered number . 241908) UNAUDITED ANNUAL REPORT 31 DECEMBER 2020
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF WINIFRED BAMFORD HE5KEfH ALMSHOUSES I report to the trustees on my examination ol the accounts of Winifred Bamford Hesketh Almshouses for the year ended 31 December 2020, which are set out on page5 4 to 5. Responslbillties and b35[5 of report As the trustees of the Charity you are sponSible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Art'l. You consider that an audit is not required for this year under section 144121 of the Charities Art 2011 (the 2011 Act) and that an independent examination is needed. I report in respect of my examination of the Charity's accounts tarried out under section 145 of the 2011 Art and in tarrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. The procedures undertsken do nol provide all the evidence that would be required in an audit and eon5equently no opinion is given as to whether the accounts present a'true and fair view, and the report 15 limited to those matters se.t out in the statement below. Independent èxamÉner'5 Statement I have coTrpleted my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect= 111 a¢¢ountin8 records were not kept in respect of the Charity a5 required by section 130 of the Act- or lil the accounts do not accord with those records I have no concerns and have come across no other matter5 in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. G Glenis Hickerton BSC. FCA Aston Hughes & Co Chartered Accoullt3nts Selby Towers 29 Princes Drive Colwyn Bay LL29 88E 30 September 2021
VNlFRED BAMFORD HESKETH ALMSHOU5E5 Annual R rt for the Year Ended 31 December 2020 Registered Charty No: 241908 Trtee$ Mrs J E Parry Mr G Jones MrADWOwen Mrs J M Williams Lt Col D P Roberts Mr J G Jones Revj E Nice l(hairpersonl Resigned 20 January 2021 Appointed 01 February 2021 Appointed 10 March 2021 Prlnclpal Address: Winifred B3mford Hesketh Almshouses Court New Road Rhuddlan Denbighshire Bankers: Barclays Bank PIC Abergele Attountants: Aston Hughes & Co SelbyTowers 29 Princes Drive Colwyn Bav Conwy LL29 8PE
WINIFRED BAMFORD HE5K ALMStrtOUSE5 Annual R for the Year Ended 31 December 2020 tontinued GOVERNING DOCUMENr Charity Name.. Winifred Bamford Hesketh Almshouses. Sealed bya document dated 21Xh January 1995. approved and eStablisd as the SCHEME forthe regulation of the Charity. The Charity 15 an ynincorpotated charity. Changes.. Two amendmènts to the GovÈming document weTe 5ubrnitted io thÈ Charity COMMIOn. as propos at a special meetin8of the Trustees on 8 June 2018. whith included revised wording to enable the Ex Offioo fru5tee to nominate representative to act in his/her place, and intrÈased the numberof CTropled Trustees to fve. The Charity Commission confirmed thatthe change5 were acceptable. the tharity CornmiSsKS retords were updated. and the changes refletteil on the publit gIster on 15 August 2018. sTRuURE. GOVERNA AND MANAGEMENr The Charity is managed bythe trustees, the Wy of theTrustees consist5 Of = • Exofficio. Shall beeitherthe inwmbentderic Forthetime beir¥ of the present benefitr of St Michael's Church, Abergele. Aled Mi$5ion Area or, in consultation wth the Ctropted Trustees. a representative norninated bythe incumbent cleric who shall be a mÈrnberof the Church in Wale5. The POSThon 15 curyentty vacant. . Co-opted Trustees, The C(H)Pted Trustees are persons who are members of the Churth in Wales or the thurch of England and are appointed for a temi of fiveyear5. A new replacement Trustee may be wpted by the remaining Trustees. The Charity is rnanaged bythe trustees throu8h quarterfy meetings and. on a day to day basi5 bythe Treasurer. a Serrelary and an OYFSite WèrdÈn. who 15 provTded th adedicated bungalow. PUBUCBENEF The trustees confirtn thatthey h8vÈ rÈfÈrred to the guidan contained in the Charitycomrnission's general guidan on public benefit. and the Charitie5Act 20JI. when reviewng the charity's aims and objectivesand in planning the hjture acbvities. oBJEIVEs OFTHECHARfTY The objective of the Charity is to provide alrnshouses forp¢)otoraged persons of good characterand. whÈneverpossible. are membe15 of the CThurth of Wales orthe Church of Enand. AcfiviTIES AND ACHIEVEMEMf5 The Charity m3intsins and insurÈ5 the almshtyJsesand applies the income forthe benefftof the residents of the almshouses. The properties have been subject toconsiderable repair and refvrfoishmentduring the prioryear. The Charity continues to be extrernely well supported bythe orFsrte Warden who* prirne duty is to maintain a discrete and c8rin8 overview of the residents, individual needs. while atthe satne tirne fosterin8a gÈnÈral spirit of neighbourfy g(KxJ will. The Warden alsoworks closelyTrAryth the Trustee5 and sUlts them on afiy matterthat she hÈtsÈlf cannot sOlVe. INVEsfMENTS AND FINANCIALREVIEW Investments held are shares and deposits In the National A5allOn of [n5hoUse5 Cornmon Investment Fund INAACIFI and the CCLA COIF Challtie5 Deposit Furtd. The reason for selecting these funds are thatthey are safe and provide reasonable rate5 of inte Value of the shares held in these fvnds as at 31 Dember was: M&G Charity Mutli A$5etAccumulation Shares lEraordInary Repair FrlI NAACIF Income SharEs IRpserve- Cyclical Maintenance Fundl CCLA CIOF Charthes Deposit Fund £249.038 £10.269 £10.126 Additionally. minirnal fvnds are held tn National Swings Bank and a 8artlay5 Bank Business S3vingAccounL
RESERVES The Governing Document requires the Trusteesto establish an extraordinary repttiTfund and maintain this out ofthe income of the Charity by transfer of suth 5um5. suffioent for the purpose of the lund, unless the Commi55ioners dirett otherwise. The Charity aims to keep (ts rÈ5Erves at a level such th* known pair requirements and otherexperted costs may be covered. Atthe year end thÈ Charity had tssh reseTVE501 £Z3.05312019.. £23,131) the rernainder of the Teserves are held as investments as described on page 2_ GRANT MAKING POUCY Individuals to benefitfrom the Charityare generally sÈlerted from applications Submitted in sponse to local advertisements notifyirTrg 3vailable vacanLie5. Ijsu81 these mÈtnbers of the Church in Wales or the Churd) of England and are 8eneralty aged and poL¥er member50f society. Approved by the Trustees and signed ontheir beham bv= . Mrs J E Parry 1chairperscl
WINIFRED BAMFORD HE5KEfH ALMS HOUSES CHARITY NO 2418 INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 DECEMBER 2020 Unrestrirted Funds 2020 2020 Unrestricted Funds 2019 2019 INCOME Maintenance contributions NAACIF dividends Sale of M & G Shares TV Money Interest.. Barclays C O l F Deposit fund National Savings Bank 26.344 430 23,262 430 49.451 30 35 27 21 57 24 26.858 73.255 EXPENDITURE Warden5 Honorarium aerks Honorarium Wardens Stsnd In Duty Wardens Council Tax Training Travel costs A H A Subscription Careline Post & Stationery Water rates Insurance Elertricity & Gas Information technolo8y Telephone Repairs, maintenance. garden expenses and 5undries Hire of meetTng room5 Christmas tokens and lunch TV cenceS and repairs 6,423 1.611 419 1,345 6,201 1,581 733 1,396 191 132 426 2.402 161 1,539 i.oio 2,403 178 1.720 1,077 52 260 453 155 494 10,699 52.227 95 125 30 38 26,936 68.854 IDeficitl/Exce55 receipts over payments 1781 4.402 Accurnulated fund bought forward Accurnulated fvnd carried forward 38,104 33,702 38.104 38,D26 Represented bv: N A H A Funds.. Aceumulation (value 31 December 2020 £249.037.65 and 31 December 2019 £257.223.271 IvalLJe 31 December 2020 £10.269.37 and 31 December 2019 £10,098.98) 8arelays B3nk= Business Premium account Current account C O l F Dep051t account National Savsngs Bank 2,692 2,692 Incae 12.281 12.281 1,026 8.916 10.126 2.985 1,026 9.042 10,099 2,964 38.026 38,104
WINIFRED BAMFORD HESKETH AIMSHOUSES CHARITY NO: 241908 SCHEDULE OF ASSFrs Forthe Year Ended 31 December2020 21720 20 Fixed Assets: 11 Alm5house5 (per insurance valuation) 676.(XXI 676,0(X) Inve5trnent ASS. M&G The National Association of Almshouses Cornmon Investment Fund INMCIFI (Extra Ordinary Repair Fund) NAACIF Accumulation Share5:. BIFwd 269L.842 Shares @ £95.5566 Dis$31 of 549.158 257,223 261,928 150,0001 211,928 45,295 257,223 257,223 18,1851 249.038 IncreasellL)ecrea*l in hdarket Value CIFwd 2691.842 Shares @ £92.5157 Income Shares:_ B/Fwd 12,281 Shares @ £0.8223 Distritmjtion allocated in year 10.099 9.776 10.099 170 10.269 9.776 323 10,099 IncreasellDecreasel in Marketvalue CIFwd 12281 Shares @ £0.8362 Cash Funds: Barclays Saver Barclay5 Bank COIF deposit account National Savings Bank 1,026 8.916 10,126 2.985 23,053 1.026 9.042 10,099 2,964 23.131 } IGenerdl eN¥enses and routine Maintenance fund) (Extraordsnary repairfvndl Appr ed by the Board and signed on its behalf by. Mr5J E Parry Ichairpersonl
WINIFRED HESKEfH ALMSHOUSES istered Chari Number: 2418 CERTIFICATE OF APPROVAL We, as Trustees, certify that to the best of our knowledge and belief the accountrng records produced together with the information and explanation5 given to you. constitute a true and corrert record of all transactions of the Charity for the year ended 31 December 2020 and we confirm these accounts have our approval. Mrs J E Parry (Chairperson) MrGJones MrADWOwen Mrj G Jones Rev J E Nice Lt Col D P Roberts Date 30 September 2021