WINIFRED BAMFORD HESKEfH ALMSHOUSES Re "stered tha number . 241908 UNAUDITED ANNUAL REPORT 31 DECEMBER 2024 Aston. Hughes & Co Chartered Accountants COLWYN BAY
WINIFRED BAMFORD HE5KH ALMSHOUSES 31 DECEMBER 2024 Registered Charfty No: 241908 Trustees Mr G Jones MrADWOwen Mrj G Jones Dr M Baker Mrs T Brennan (appointed chairperson 06102120241 Prlnclpal Address: Winifred Bamford Hesketh Almshouses clo No.10 Bamford Hesketh Almshouses Groes Lwyd Abergele Conwy LL22 7ST Bankers: Barclay5 Bank Pl Abergele Independent examlner: Gareth L Lowe BSC. ACA Aston Hu8hes & Co Chartered Accountants Selby Towers 29 Princes Drive Colwyn Bay Conwy LL29 8PE P*)e 1
Annual R lor theyear En 31 GOVERNING DOCUMENr Charlty Name.. WlnifrÈd Barnford He5keth Alm5thW5es. Setd trya document dat 2(Xh J¥Au•ry 1995. approved and establlshed as the schemefor the re8ul80rt of thÈ Charfty. ThÈ Charltyls an (barlty. Changes.. Two amendments tothe cemIng documert re submitted tothe thar¢tyCoMrnis0n, as Pfoposed at a spedal meeting of the Trustees on 8 June 2018, whtth Included revlsed 7M)rdin8 to enable the Ex Offioo Trustee to nominate a representative to act in his/her place. ond increased the rsumber of Ctropted Trusteesto five. The Chority Commis$loffl conflrmed thatthe changes e acceptable, the Chakity Commisgons records re upded. and the thanges reflected on the public reglster on IS August 2018. STRUCWRE. GOVER14ANCE ANDMANAGEMEpir The Charlty Is managed by the trustees. the bodyof theTmstees comlsts of .. • Ex Officio. Shall be either the irKumbent derKfortht time bein¥of the present benefrtt of St Mthael's Church, Aberyele. Aled Missieffj Aréa or, in consultatioThwith the Ctropted Trustte& a rtwesèntafve nomln•ted bythe IrKumbent cl¢rf¢ shall be • meml)er olth thurch In Wa15. The posit11$ not eurrently 1 by Inv(. • Ctropted Trustees, The Ctropted Trurtees •rt persons whoare Members of the Church In Wales or the Church of En4land and apnted for • temi offveyt•rs. Anewfepl•cementTruste¢ m•y b¢ cwpted byihe Temainln4Trustees. The Charlty Is managed by the trust¢¢sthrou8h qu•rtody meetlnos •rO. on è dayto day bas15 by the Treasurer, a 5e¢retsry •nd In -slte Warden. who Is wovlded with • dedkoted bung•bow. PU8UC BENEFIT The trustees coTrfimi th•t ihey have referr the wldarK• contslned In the Owrfty C¢Jmmlsskn's i•n¢rl luldance on publlc benefit, and the Charltles Act 2011. when re¥le&the chadV5 aims and obhectNe5 Ind in pl•nniA8 the future aCttIes. OBJEcnvES OFTHE CIIARITY Thè oblertlv of th• Charlty Isto prtylde •lfftshoustsfor ptyyor4ed persons of good tharacter and. wherver p0554ble. are members ofthe tyrth ol Wales or the trwrthol Enlwd. AcnvmES ANDACHIEWAENTS The Chirtty maintain5 and insures the alm$tSe$ ar#J lopliesthe irwme forthe benefit ol the residents of thè almshouse$. The properties been subject w ¢onskl¢rabkt rp•lr and refurblshmentdurlngthe Mor year. The Chartycontlnues to be extremely well sup¥ed bythe oTrslte Warden ¥thrJ5e prlme duty Isto malntaln a dlscrete and carln8 overvlew of the resldeThts' Indl¥Sdual eds, whlle atthe same Jme fostertnga general splrtt of nel8hbwrtY8ood wlll. The Warden •lsoworks ¢IlY wtthihe Trustees and wnwlts them on arbv matterthat5he herself£anTh)t resofv•. INVESTMEIITS AND FINAPICIALREVIEW Irwestments held are shales and deposlts In the Nati(¥)al ASScdati ofAtmshouse$Comrn Investment Funts IPIA4CIFI and the CCLA COIF CritieS Deposit Fund. The reaSC lor selertin8the5e funds are Ihat they3 safe aThJ provlde feasonawe rates of Interest Value of the 5hare5 held im thes* fufyasas at 31 December was.. • M&G Charity Mutli Asset Arcurnulation Share5 IExtrawdin3ry Repoii Fur} . NMCIF Incorne 5hare5 IRe5erve-Cydical Mairrtenante Fund) . CCIA CIOF Charities Deposit Fund £291.137 £11,400 £11.221
RESERVES The Governing Document requires the TDJstees to establish an extraordinary repairfund and maintain this out of the income of the Chartty by transfer of such sums. sufficient for the purpose of the fund, unless the Commlssloners dirert otherwise. The Charlty alms to keep its reseThes at a level such that known repair requlrements and other expected costs may be covered. At the year end the Charity had cash reserves of £16,83712023 . £19,248) the remainder of the reserves are held as investments as destribed on page 2. GRANT MAKING POLICY Individuals to benefit from the Charity ère general selected from applicatlons submltted in response to local advertisements nolfying available vacancie5. Usually these are members of the Church in Wales or the Church of England and are generalty aged and poorer members of society. RELATÉD PARTY TRANSAcfioN A total of £3,00012023 £2,048> was paid in respeci of honorarium to Mrs T Winstone. Approved by the Trustees on 4 September 2025 and signed on their behaff bv: Mrj G Jones
WINIF Istered Cha Number: 241908 CERTIFICATE OF APPROVAL We, a5 Trustees, certify that to the best of our knowledge and belief the accounting records produced tO8ether with the information and explanatlons glven to you. constltute a true and correct record of 311 tran5aCtlons of the Charlty for the year ended 31 December 2024 and we confirm these accounts have our approval. Mr G Jones MrADWOwen MrJGJLM Dr M Baker Mrs T Brennan Date 4 September 2025 Page 4
114DEPENDENT EXlINER's R TO THETIIUSTEES WINIFRED BAMFORD HESKEfH AL SES I report to the trustees on my examinatH)n of the atcounts of WinrFred 8amford Hesketh Almshou5e5 for the year ended 31 December 2024. which are set out on pa8es 6 to 7. Responslblli¥es and basss ol regort As the trustees of the Charityyou afe responsible for the preparation of the accounts In atcordance wlth the requirements of the Charlties Act 2011 l*he Act'l. You consider thai an audtt is not required for this year under sertion 144121 of the Char¢(ie5 Act 2011 (the 2011 Act) and that an independent examlnation is needed. I report In respert of my examlnatkn) of the Chafftvs xwunis carried out under settion 145 of the 2011 Act and in carryln8 out my exarnination I have followed all the applitable rectionS Riven by the Charity Commi$5i0n under settlon 14515llbl of the Act. The procedure5 undertaken do not provide all the evidence that would be requlred In an audit and consequently no opiThlon Is 8lven as to whether the accounts eSent a'true and falr view, and the report is limited to those matters set out in the statement below. Independent ex•mlner's st•terne I have completed my examination. I confirm that no matedal matters have tome to rny attention In connectlon wfth the examination 8lvlng me cause io belleve that In any material respect.. 111 accountln8 records were not kept In respe¢t of tht Charlty as qUIred by sectlon 130 of the Att,. or 121 the accounts dts not atcord with those re¢ord5 131 the atcovnts do not compty with the attounting requirements concernin8 the form and content of account5 set out in the Charities IAccounts and Reports) Re8ulation$ 2CKJ8 othei than any requirement that the accounts give a'true and fatr view, which is not a matter considered as part of an independeni examination. I have no co bedf ems and have 4¢ross no other matter5 in connectton with the examination to which attentlon should eport in order to enable a proper undersiaftding ofthè attounts to be reached. et L Lowe 85c. ACA Asto Hu8hes & Co Chartered Accountants SelbyTowers 29 Prfnces Drfve Colvryn Bay LL29 8BE 4 September 2025 Page 5
WIPIIFR OIARITY IK) 1419 IP4COME AND fKpENDfTURE ACCOUI 31 DECEMBER 2014 I1$trI¢ted Fund5 2024 2023 2023 INCOME Maintenancetontributions Oividend5 TV Money ljonatlons Sole of M & G Shares INe05e in value of bonds C O l F Deposft fund Inte$1 rec¢l¥ed 24419 467 497 23 1.522 12.IXI) 16.594 21628 547 .167 55.928 XPENDITURE Wardens Honorirlum Wardens Stènd In t Wardens Councll Tax Wirdèns Tdephone Ckrks Honorarlum 7.791 7,251 467 1,527 420 icéi Tra¥l £osts A H A subKrlptlon Telec6re Post & Stationery Water rates In$ur3n¢e Elertrlclty &Gas InformJtk)n tethnd08Y Telephone Repalrs, malntenance. garden expenses nd wnddes Hlre of meetln8 rooms Dundonalo CekL¥tlons 8•nk char8es T V U¢ences •nd MlT$ Accountan£v Sundry IB>lts & d¢)natlonsl 826 3.318 74 1,596 1.303 1.611 L211 672 10.491 20,442 23 LXMI 30 L2Lb) 192 39.425 20.217 16,503 Value of M&G shares sc4J IOefidtVExce5s Tecelpts overpentS IlJ17 4.503 Acc¥JmuL•ted futyj t4JU8ht lorward 3.958 303,656 AlMLIte fvIarr fvrw•rd 318,176 306.958 Represented ty.. N A H A Funds.. Accumulatk¥n Units 291.7 277,879 Ir*éinÈ Unlts IL4C 11,031 Barclays bankCurrentAc¢wnt C O l F f4K)Sit 5.617 11.221 8,575 10,674 Accountanry accrual IL2(1)I 11,2WI 3)?6 30&958
WW41FRED BAMFORD HÈSKEni AiMSHOU5ES C71AMtTY NO: Z41X srATEMEKf OF ASSEfs & UABIU 31 DECEMBER 2024 2024 2023 ¥ed Assets: 11 Ajmshouses 676,C 67&1 In¥estment Aets.' M&G.. The Natior1 As%Kiath)n ofAknth¢xw Conmnon Iniwtmèit F1 INAAOFI (Extra Ordlnary Repr Fund) Unlts 1591.374 Bfi¥d 2,479.233 Shares @ £112.0826 tlsposal of 74.557 Shares @ 120.7121 sposal 0164.240 shares @ 108.9658 Dlspoyl 0¢47.1 Sharts @ 101.3819 2.479.233 174.557) 277.879 19,COJI 273,470 164.2401 47.1 17CKQI 268.879 22,259 291.137 261,470 16.409 277,879 Intmse In M•rtet V•lue cfv 2.404,6765hares Q £121.0714 2,104.676 2,479.233 12,281 Shares • £0.8982 IncreasellDecresel im Market V•lue 12,2815hares @ £0.9283 12.281 11,031 370 11,40) 12,181 lQ,845 185 11,031 12.281 12,281 Cash Funds: Bartlays 8ank COIF deposk account I IGenernl expenses and l mèib)ten•nto frjfidl 5.617 11,221 16,838 8.575 19,249 Cr•dltQfS: Attw•ls Ixctyjntsneyl 1.2CO Approved by ard arKI téhalfty ¢)n 4 Sepiember 2025 ty. Mrj Jo