Annual Report
ALMSHOUSE
2023
*lll
Providing guidance, support and representation
to almshouse charities since 1946

THE ALMSHOUSE ASSOCIATION
glllingbear Ltylge. Maidenhe&d Road, Wokingham. Berkshire feGIO 5RU
telephone. 01344 452922 8mail almshou5esupprjrl@almshouxes.org website. www •lrnshouse5.oro
Registered Charity No 245960 Rwstered Companu No 046782t£
Royal Patrons
HRH torm•rly Th• Prln¢• of Wales KG KT GCB
HRH Th• Duk• of Glouc•st•r KO GCVO
The Board ol Tiustees - 2023
Amba$$adors
Ihe Archbishop ot C8nterbury
The Baroness Bakewell DBE HonFBA FRSA
Pet8r Barton DL
The r4t Hon the LL*d 8gith
Marogret Caselu-Hayford CBE
Tony Collin50n 08E FIH
rhe Blshop of Coventry
Kevln CrosslÈy-Hcllend FRSL
Dan Cruickshank
judith Donovan C8E
Robert Ourie OBE FRICS
Andrew Grant DL
The Rt Hon the Lcfd Mackay
uf Clashtern KT PC QC FRSE
Slr Mlch881 McWilll4rn KCMG hAA BLitt
The Duke and Duchess of Northurnber18nd
The BarunESS Paisley ol St George's
The Right Revd PEtBr Prlce
The Lord Shlpleu OBE
Simon Smlth
The Lord lev8rsoft
Slr James Tidmarsh KCVO PIBE
Dr K8te Tiller OBE DL FSA BA PhD K4A FRHlstS
The Bishop of W8kefield
Slr Stanley WElls CBE
Peter Wyman CBE DL
Andrew Barn¥s '
John Broughton JP
Clive Cook
Rob Douglas CBE DL '#
Quentin Elsl
Elizèbeth Fathi
Willie Hartleu Russell MVO DL
Ichairrnanl
D•vid Hèally
Iirn Kennedu.
Irssion8d 17 nrl
Richard Knipe'#
IrEsigiipd 16 Sgpl 30231
Pgul Mullis #
Tricia Scouller '#
Adam Sedgwlck
Marga￿1 Stewart '#
I'Flrpgncg 9nd GBngr4 Purp959s Subcommittw IF&SPII
I- F&GP onlyl
I#Th• L￿￿0rd H4ck8tl ￿￿[nOr￿al Tiusti
Advisory Bcdy
Francesca Qulnt LLB. AKC. B8rr15ter
Professor Cameron Swift
ftichard Waite
Ed Christlon
Chiel Ixecul,vo
lullan M8rc2ak
.917 )d ol Lin)mce
Mlcha81 Drake
Simon Ling FCA '
Audllors.. gvzzacott LLP
130 Wmd Street, London EC2V 6DL
è•nk•rs.. eoutts & Ca
St Maitins Office, 440 Strand, London WC2R OQS
CO￿ Imapes Irtyn oH￿Tr81
front Tlv•rton Almshou¥•¥ by Xuwm Sh•bono
back. St M•ry'J Hgsplt•L Ch[cl￿ter bu Th2r•¥ L•wtar

4LMlii¢tlSE
Providing quid8nce. support and representatlon
to almshouse charltles slnce 1946
ALMSHOUSES AND THE ALMSHOUSE ASSOCIATION
Alm$houM• •r• • ch•rlt•bl• form of g•lf-suttlcl•nt,
low-cosl comrnunlty-lad houslng hold In Irust lor
loc•1 In n•8d of qonulnelu efforé•bl• houslng.
The ablects Df ThE Alrnshouse A890elatloTh iri..
to promot• the est•biishmenL ¢tsntlnu4tlon.
•ffIcI•￿¥ •nd etlKtlv•n•¥i ol •1mshtyJ••
loundlltlans
to promot• *h• prov151on, Impro¥•m•nt,
upkgep •nd m4lnt•n•nc• of *lmshou¥•i
•nd •¥¥p¢l•t•d ¥•rvl¢•$ l•cllltl•*.
Est8bll$h•d thfouoh phll•nthropu. manllq?d ond ruTh
by Indepandent almshause charltlqs and i•d by local
volunt•er Irust••s, •lmshtyJ5•S th• oideqt form
of eh•rlt•bl• houjlnq. Th•lr hl¥tpry c•n b• ti•¢•d
blek owr • thDusind ¥••r*.
In dqllv•rlng Ih• obl•cti, w• work to..
support our M•m￿lI In prol•eiinq.
d•v•loplno 4nd d•llv•rlDo hom•* for
peop￿ In hou•lng nq•d
I•1￿ th• profll• of th• •lmshous•
movèm•nt.
AlrnBhoui•s •r• unlqu• Ih • 1•o•l i•ns• h•¥• •
¥h•r•d •rnph•¥l• on •ncour4glng cornp4nlon¥hlp
Ind Gommunltu. lodau, •pproxlm•t8ly 36,000 wop
Ilv• In •lrn$hou$•8. l••dlng lull and Ind•p•nd•nt
Ilv••. findlng frl•nd•hlps and ••curlty wlthln th•lr
communltl••.
Tad*u lh• A•¥oelillon •upport4 ryomot•• •nd
iepruaint8 e.1.600 Ind•p•nd•nl •lm$hou*• ch•rlti••.
It guld•¥ on *ll *8p•et8 ol •lm*hou*• m*n*g•m•nt,
¥upFort¥ m•mber ethifltl•i wlth up.to-dit• pollelB• •nd
qov•rn•nc• quld•nE•, provld•i i•rnln•rs •nd tr4lnlngi
gr•nt• •nd lo•ns •nd rn•k•• r•pr•Mnl•tloThs tp Oov•vD-
rn•nt, •* w￿1 •• ￿f•rIn9 • ¥Ing￿ point of cont•ct h•lplln•.
Th• Alm8ho¢Js• A•$oEl•tlon'$ roo1• w•rll ••tibll$h•d
wh•n • gioup of p•islDn•t• rapr•s•rit•tlY•s Irorn
London'5 •1rn¥hou¥•• rn•t In th• Chqpt•r Hou*• 01
Southw•rk C•th•dr•l In 1946. Th•y torm•d
tommltt•• to *•f•qu¥rd th• Int•r•it• ot •lmshpuM
bulldlhus •nd th• w•ll•r• or th•lr r•xld•nti In
LDndon B•lor• long. th5• w•5 •xp•ndid to r•pr•¥•nt
•nd ¥upport •ll •lm•hous• ch•Fltl•J In th• UK.
Iho•• orlglnll lound•rs ••t th• obl•ct¥ of th•
A¥•ocl•llon Ind tho8• obl•¢ti £ontSnu• to lorm th•
corn•rston• of our swvlc•i tadiy.
Thiough r•l•Sng •w•r•n•¥•. lundr•l¥lng. don•tlon•
and l*q•cl•i. th• Aiiocl•tlon li worklng h•rd wllh
•lmihou8• charltles, loc•1 •uthorllleo ond the Oov•rnment
to m•k• It pMslbl• l•r m•ny rnoi• •lmihau*•s to b•
bulY( to #•cur• *flordibl• hou•lng for p•opl• In h￿J11￿0
tod•y •nd lof o•n•r•tlonB to com•.
CONTENTS
Ch41rm•n'• R•¥l•w
PP. K4•rk•tlng And comm￿l￿tIOn•
Chl•f Ex•cullv•'* R•pait
M•mb•r•hlp SIAllitle• 2023
Sliuclur•, 6ovwn4nc• K4•n4q•m•nl
Publlc B•n•fll
10
R•9lw*l P••r P•F4•Mn14tlv••
19
Fin•n¢i•l R•w•w
R•ipan*lbNltl•• St•twn•nt
20
21
Th• Lionthrd Hiek•tt k4•m•il•l Tru•1
$tat•rrvJnt ot Rls
Pg11¢1•5 •hd 6ov•ininG•
Str•l••¥ 2023-2030
uldinr• 4nd A•¥l¥14nc•
22
21
23
St•t•m•ni of Fin•n¢i•l A¢ti¥iti••
B•l•nc• Sh••1
st•temenl of Ca•h Flgw•
Accourtlw Pollcl•¥
No1•5 to th• FINnclil St•l•m•hl•
R4
2$
R•pvis•nt•11on •nd Engig•rn•
N•w 8ulld6 •nd R•mDd•lllng
R•glon41 MMllng•
L•llutu Pmuiamm•
Frlendi of Th• Alm#h￿￿ Alioelallon
Fundr•lglN GMntA •nd L0•Th9
In￿1•neI
12
Aulltov'8 R•pDrl
Th• Aimihoum IA•ocl•llor* Awlrdg
14
4a
Don•lloni, Support ind Sponior*hlp
Alm*houM A*Melatlon Lg•n¥ And GrnntB
Pr**1 or conAuIIAnlA
42
1S
43
1S
Adv•rti••m•nt•
OUR VISION - for the almshouse model to be recognised
as the exemplar form of communlty houslng

CHAIRMAN'S REVIEW
It is with much pleasure that we present The Almshouse
Assoclatlon's Annual Report and Accounts for the year
ended 31 December 2023.
I was dÈlightÉd to be
r ppointed Chairman
Jf The Alrn5house
AssDciation In lune
d023. As a ch8ritu an
In 2023 there was 8 growina reollsatlon th8t Govern-
ngtlonal Institution
ment ar)d the civil servants wha work In Government
with a 77-year h15tor
do not fully understan(J the unlque nBture uf alms-
It Is uniquelu positioneo to r8cogni5e the debt to thè
houses ènd this Is often apparent when Ministers are
generations th8t have gcn8 L*tore. its r8spon51bility draftino new legislation, partlcullrtll with reoards to
tu those who follow
housinll. As new legislation affecting almshouses wos
introducÈd throughout the ye81, It bpc8wne Intreasiwlu
cleqr that there was 8 need to maxlm15e cur Influonce
within Government Some elements of new Bllls, if left
urKhgnoed, would h8ve been 8 threat to the Indepen-
dence of 8lm5hc4Jse cherilies
efficiency of the office buil¢Jing and continue to
encoura08 resegrch to Inform the sector and 5h8re
best practice
Todey. the Association represents 1,600 almshouse
chorities providing 29,000 hornes for 34.000 resident5
across the ijnlted Kirodom The work of the movement
15 qOVErne(J bu 8,000 tru5tee5 tho give generously ot
thElr tSmE and Bie plvot61 In creallng ccmnijnitles
within thè Individual member charities
I w•• *tru¢k by 4 r•c•nt r•port by th• 8•y•8
8u81n•¥s School whleh Id•ntiri•d thot r•sld•nt•
Ilvlng In almshous•¥ c•n h•v• •n •ddltl¢nal 11f•￿In
of two Ind • h•ll y•4r*. A wond•rful •c¢•l•d• lor
our mov•rn•nt.
The Assoclation Is In a strong p051tlon to do more for
our mambers, heritage and residents 8nd has a roi8
to plau In addressing some ot the key issue5 t8clng
sccletu We musl all work tooether to pr8s8rv2 an
prompte our almshouses, heritage and IraditlLY)S.
I want to ensure thot the Associat10n, which Is
prlvSleged to be 8bl8 lo tèke such a lono-tefm vlew,
plau5 a leadiry rdp In reali5iDg thES8 ambitions We
have given more focus to looking forward and ensurin
that the Asscciation. and all that W6 do on behalf of our
members, Is here for generations to come
HRH Th* Ouk• Dr OlouceJl•r's Vlilt lo Uxbrl4g• Unlt•d W•ll•r• Truit,
Oclob•r 2023.
l arn delightad to report that we have r8cord8d a grèat
deal of succes5 In gmending legis18tion duriry the
ccnsult8tion st8ge of various 8llls, thanks to the WDrk
of the Associ8tion, oJr members ond supporting
members of the House ol Commons and House of
Lords In the sumrner, I led a delegatian to meet with
Theres2 MP, Ihe lormer Prime MinI5tpr, who In
turn has hÈlped us, along with at least 100 MPS, In
ra151ng issues with the Department fer Ltvelling Up,
Housing and Communlties It Is slgniflc8Dt that the
voSce ol the almshouse movement is now b8ing
heard and recognis8d in Westminster
In Ihe autumn, the Board held a Strategy Awau Day to
review the lono-term positlon of almshouses over the
next ￿ years aDd it was evident that, having 'stre$5
tested, the almshouse model, the role anrj vBlue ot
8lmshou5e5 will Incre85e rather than diminish over this
period There 15 likely to be demgnd lor more almshouse
charities providing for younger families and indivlduals
In need and 8 greater requirement for our memb8r5
to remain commilted to th& wider movernent a5 well
3S their own charities We also Identified the need to
continue to raise the profile of almshouses over the
coming ygars and extol the value of the heritage they
protect, 8s well 85 the oreat human t*nefits they brlng
to our coTnrTrunitie5.
We are aware that many of our member charities 8re
e¥pEfiEncing Increasing wage and utllity costs, particu-
lgrlu as 8 result of higher interest r8tes and Inflalion
Thes8 costs havp also affected the As50cialiun where
we have answered 2,5CKI almshouse 8nquir•s Irom our
[r￿rnbers (NEr thE uear as well as providing 58min8rs.
training and guidance on a regional basis Dv2r the pest
decade th8 Asscciation has only covered 50'A of its
costs from mernbership subscriptions, the rem8ining
50% coming trom unrestrlcted reserves. This was an
It will be necessary for the Assorlation to esteblish a
more robust long-terrn flnenclel posIt￿On, consider the

unsust81n8ble situation and one that I felt had to be
addressed lor the long-term viability and service that
we offer The recent Increases In subscriptions will
result In us covering 75/• of our costs and s&cure the
level of service that we provide to our members. The
longer-term ambition Is to cover 811 the Assoc18ti0rf5
costs through substriptions W8 8re on track to LEcom-
Ing a financiallu sustainable national charity- we are
not thorg Yet Mt we ar8 very much he8ding In the right
directlLY)
h Londvn foi th• ?Q23 AGkl 4nd klgmb*r6 Oa¥ Iffllrn 18rtl..
Cllv• Cook. Wllll• H•rll•y Russell. E112Abfrlh Fathl •nd Poul Mulllx.
An issue that has concerned me and mu f8llow
colleagues for several Years has been our offices 8t
8111ingbe8r Lodoe near Wokiroham, whlch are veru
Cramped, sub-standard and no longer fil fDr purp050
We 8re fortunate In having beEn gifted our uffices land
adjoining house) bu the late Leonard Hackett, one of
the founders of ftte Almshouse Association. Tho Board
Is confident thet we can Identifu new tr88hold offices
in thp Wokingh8m are8 whilst rn8int8ining Leon8rd
Hackett'5 originel legacy. We hopa to complete any
move duiing 2024
I thenk Nick Phillips end the Executive Tegm for their
tornmitment In Implomenting new strategu and
their thoughtfulness around the waus the Assttiation
continually strives to be a leading membership organl-
5ation The team at Billingbear has dglivered a great
performance over the year th15 Annual Report Is a
wond8rful tribute lo thelr dedlcalion, Imaglnation gnd
5h8er hard work. I th8nk them lor everything they have
8chleved over the ye8r
In 2023 we said goodbue to Rich8rd Knipe and jim
Kennedy Rlcherd stepped cjown 8fter ?5 uears 85
trustee Wè thank him frK his outStènding contribution
and especl8lly for his wise counsel whlle a trust8e and
Finance and Generèl Purposes Subcommittee Chairman
lim stepped down after cuffjpleting four ye8rs as
trustèe. wè thank him for his contribution to the
Assoclation
I would Ilk8 fo p8y frimte lo my pr8dec&ssor, Liz F8thl,
who took on the role of Chair during a ch811enging
perlod for the Associati£￿. e¥eciallu with the Covld
pandernic, and lor stewing us through wllh great
empathy 8nd Ipyd2r5hlp The A550Clgtion h45 gone
rrom slrength to strength under her leèdsrshlp and l am
delighted that ghe has agread to continue as a member
of the Eyecutlve Ccmmittee I f881 privileged to be
followinu in her footsteps and l arn graleful to all rny
fellaw trustees for their ongoing guidance This year
we also launched Frl8nds of the Almshouse Assoclatlon
and we presented Liz with the first membelship
number, 001 1 would encourage you lo become a Fden
(see page 45 lor detailsl l am also dEllghted that
Ar￿reW Barnes has aoroed lo become VIGe Chairrnan
of the Associatlon
Finally, I would like to thank our Roygl P8tron5,
HRH formerly The Prince of Wales and HRH The Duke
of Gloucester. as well a5 our Amb85S8dors Without
their continuing supwrt and encouragernent, our
echievements would not be wh81 they 8re.
A5 ￿ progr855 throuoh 2024 with our renewed vlsion,
we have a clear set of strategic obl8Ctives and a pl8n
of action I have no doubt thal the Ass(Klation will
continue to be 8 thriving hub ol creativity, activity and
innovation bjth for the natlon ar￿ L￿r member5.
Andrew 8arn88, VIC8 Cholrmgn ol Th• Alm#hous•
As•oclatlon •nd Chalr ol th• Fln•n¢• •nd 6•n•i•l
Purpo5•5 Subcommltt••
~It Is • plea8ure to Ehalr
th• Fln•nc• •nd G•n•r•l
Purposeg Subcomrnltleo.
Mu colle•gues and l on
the committa• •Mtrr•¢•
onthug10gllcally thls
k•y functlon for th•
Assoclatlon. I b￿1•¥•
we 8chleve the rlght
b•l•n¢• ol ¢h*ll*ng•
and ¥upport of Nlck. kllk•
and th• executlv• tearn.
In this 14llnu81 Rpport, uou can read more about our
achievements and how we have operated differpntlu
to Succeed in our ambition to provide more for our
members You can also read about our plans for 2024,
which Is the first lull ue8r of our new strategy.
This Annual Report contains our full financial rewrt
and aCCOUDts, as weil as legal and administrative
Information about our Association.
Your membeiship 8nd support are The Almshouse
Associatitsns future I comm
d this report ta you
WlllSe Hailley Russell
Chairman of The Almshouse Association

CHIEF EXECUTIVE'S REPORT
The Alrnshouse Assoclatlon was born out ol the wlsh for almshouse
¢h•rltle$ to protect thÉ valuable ¢harltu mod•1 and support Iruslees lo
run ollectlve and •fflci•nl charltl•s whllgt ensurlng the conllnu#llon of
tha wond8rful work of our pr•d•c•ssors.
Thi5 year has presented the Association and the wider almshouse network
with 8 range of ¥*cific ch£llenges Governrnent wlicy, a huge rise ID the costs of
m8int81ning buildings and great challenges for our member5 fBcruiting the best trustees. The Asscciation has
responded to these challenges, engaged with over 100 MP5 8n(J Intluenced D8tion81 wlicu and moved torward 8t
8 pace serving our m&mbers, deliverinc the strategii 8nd r8151ng the glmshouse profile The yèar ends with the
Associotion In a robust position, fullu statted with è strong gnd dedic8ted tearn and with clegr direction.
The Board. led by Liz F8thi and13tterly by Willle Hartlèy
Russell. h8s been a const8nt strenGth, support 8nd
guide to me and the te8m The Finance and General
Purposes Subcommittee, led by the Vice Chairman,
Andrew 8arnes, has maintained a thoughtful and
prudent watch on resources. yet been supportive of
innovation that enhanEes servlce5 to our mgmbpr5.
The Board members additionally uive up thelr time to
slt on rnany subcornmittee5 or act as Reoion81 Peer
Represent8tives tor whlch the team are very qrateful.
gulde on all asp8cts of running an almshouse chority
Resources introduced In 2023 include a unlque CPD
eccredited online training coursE tor almshause clerks
2nd trustE8S to sit glungside the sulte of more
technic81 tralniro course5 offered to members and
our one-d811 trust8e tr8inlng course that Is prowng to
be much in dem8nd
The team has Identiried th8 r8quirernent lor oreeler
support for those ch8riti85 In real need In 2023,. manu
smaller cherities hove tr￿en Struggling with Ilnancl81
and Governance Issues We h8ve successfully begun
delivering a serles of 81mshouse chgrity'Health Ch8cks'
this year, compleling over 80 reviews. We have now
seen the result5 Ot this valuable enaagement wilh'at
risk, tharities turn the COrr￿r and start to thrive
In 2023, the Government Introduced many policies that
could have had a rM)lentially detrimentui eff8Ct on
almshouse charlties. l am pleased to say that through
clear 5trategu of engagernent with support rrom our
All Party ParliamEnt8ry Group IJIPPGI and senior ￿P5
and Peers. 50rne of the regulation that eould have had
negative impact on our members h8s Oesn av8rtad Thè
Socièl Housing Act. Levelllng Up and R8gener8tion Act,
c￿sume1 Standards, Renlers Reform Bill and many
others held Implic8tions for members
The dern8nd in this araa has required additional
resource for bAernber Service5 and a part-time mernber
of stoff hos a[￿inted Our Region81 Peer R8pre-
svntatives, drgwn from Ihe 8oard 8nd mernber charities
In the country, have been a great asset In leadlng 11
IAssc(iation org8nisedl rEgional events, hosting 275
rn&mtr￿rs and helplng Identify local charities In n88d.
Thè campaigning the Assoclatlan carrlés out on t*half
af rnÈmbers h8s had 8n effect and 81mshouses ère
recoonised in many Government policies and Bills bu
name. The A554Xlation15 also now an earlu cDnsulle•
to Government Dep8rtment5. Thls has not, howEver,
Secured all the changes we seek. At the tirne of
writing, w8 are still eng8ging with the Secretary ol
state's office and the Department for Levelling Up
Hou51ng and Communities to see almshouses properly
recognised In the new draltlng of the National P18nning
Policy Fr8mework.
Throughout the uear, the As50Cl8tion h85 helped rsise
the proflle of almshouses and they have appeared in
the natlon81 press with le8t¢Jre$ 8ppe8ring In a serles of
county magazines. national newspapgr5 SLJch as The
Financial Times and The Guardian. natlonal mag8zlnes
such as Counlru Life and C(xJntry Liviro and ev8n
referenced The ArEher$18bC R8dio 41 storyline.
It is alw8ys h8rd to measure the Imp8Ct th8t we hove
had in raising the profile but there have been 130.000
public hits on the webslte, which Is 8n Increase of 12%
from the previous year The online coverage of 8lms-
house5 In 'X' Iformerly Twitterl h8s increased our
followers by 20% to 1.053. wilh our other soc181 mdi8
platforms not far b&hind! It is Clear thèt the greater
8warene5s we c8n genergte for the guod work that
almshouse ch8rities deliver to their residents and the
wider cornmunily. the more skilled arKI commllted
people will put themselves forward to become trustees
of these great charit185.
In 2023. we 8ngaged thè services of rolitica engagement
organis8tion, Connect Public Affairs, and 5upwrt from
a planning and Ioc81 government advisor two d8ys a
week. These addition5 to the tearn have been signifi-
cant In building local and national GovernTn&nt 8W8r?-
ness or the value of almshouses In the ComM￿lt￿.
Member enquirie5 continue tD Increase In complexity,
and the updated'Sta￿èrdS of Almshouse Manage-
ment, now downloadablE In PDF format, ha5 been
much we￿OMeO trJJ mombers 8nLI forms a robust

POLLO
41j.lw
Following a revlew of the long-term strategy and
P051tion for the organisation, It was agreed that the
sèrvice provided by the Association to our members
nèeds to continue to grow. This Lèvel of support has
been m8int8ined bu a mixture of 0￿r own fundraising
and member subscriptlan fees. The Chief Executive,
Senior ￿anagerllent Team ar￿ the Board took the
decision at the end of this year to litt membership
5ubscription5. that had r8rn8in£d below SO% of our
runnlng costs, to take elfect in 2Q24.
In 2Q23, WE nolicÈd a growiry commitment from mem-
bers 10 support each other and the wider movement
Thes8 rElationships have Wn supported through
opportunitie5 to Share e%periencÈs during our new
face-to-lace tl8lning se5510n5, reglonal meelings,
semin8rs and collective events Such as Members Day.
It Is clear that members recognise the strong sense ot
value In b&ing part ol a wi¢er community, 8 collective
voice that through the Association led to chanoes
8t nitiongl level.
Our fun4raislng Is critical as we contlN8 to Increas8
the amount ot fun(Js wo u$8 to ￿ppOrt our members
In loans and gr8nls. In 2023. the Associalion18unched
fundraising c8mp8ign to maintain and boost
m8mber services by emplouing our own Fundraising
Administr8tor. David Burton, who has lakÈn up tho
reins 8nd helped Increase our fundr8i51ng over last
year We havÈ set a challenglng target lor 2024. but I
•m confident that It can be achieved. We thank our
Arnbossadors and funders lor their great commitrr*nt
to supportiro our ¢h¢rilu.
MRH Th• Duk• d Gk*u¢•*l•r Icontrol •1 W•lls Ilm•hous•¥.
In 2023, we welcomed Sir Terry Walte KCMG CBE to
spe8k 8t our bi-annual MBmbers Day Conference His
prasent811on @nd m•sseo8
were In5piration81 and he
.poke with humour and
The almshouse movement and the Association ￿re
very grateful for the contlnued 5upporl recelvEd frem
ur Royal Patrons. HRH tormerly The Prince of Wales
and Th8 Duke of G1￿Cester The Duke visited three
alm5hou5es In 2023 leaving those charilies with
sense of enthu518sm 85 well as helpin9 to ralse the
profile of the olmshouse mo¥&ment
We were also privileoed to
welcome Sir Stephen 8ubb
| ) FRSA, leadlno gulde
, In charltu development
Irom Oxford Universlty,
Ilr Alison Pooley, RÉsÈarch
l eliow of the Univer51tu af
.uffolk and Paul Latham,
Ljirector of Pdicy for th8
Charity Commitssion I he event was a gre2t opportunit
ror members lo network and engage with th3 A550cI8-
tion on fLJturo plans and pollcy The new Chairrnan.
Willie Hèrlley Russell laid out his key str8tegic aims for
the Associotlon over thè next fèw uears.
Tl
The A5socl8tion h85 Strong hi5torlc Ilnk5 wllh the livery
companies who continue to support the almshouse
model In Sep18mber 2023. org8nisations such a5 The
Mercers, Ironmongers, Merch2nt Venturers ar￿ many
others allended a round t2ble discussion and dinner
hosted by our Chalrman, Wlllie Harlleg Flussell ènd
CCLA Investment Management Ltd We d15CU55ed ways
rorward for the livery companies and almshouse
harities and our Extiting future.
The Association continue5 to deliver an excellent stan-
dard of customer servic8 to mernbers and has valuable
impatt Influencing Government policy. where needed
In eddilion, almshouses arÈ the leadiro rKganlsations In
provlding home5 wh8re companionship and communit
remain the central fccu5 and where lonèlinass and
Isolation are being eradicated. We end 2023 in 8
confident wsition with a clear strategy to take the
Assttialion forward for next decade.
2023 Saw the Association make great strides In our
planned strategic aroas - training. Influence, protilg-
raising, support services and guidance Th15 succe5S IS
sed our excellent staff tearn and 8oard leadership
5upwrted by a strong group of volunteer Regional Peer
Representatives, Iuc81 le£ders who display the very best
In commitment to support our members, the Associa-
tion and d8monstr8tlng profe5$10nalism in 811 areas
Nlck Phllllps
Chl•l Executive of The Almsho¢Jse Association

MEMBERSHIP STATISTICS 2023
Alrnshouso
charities
by slz•
Membershlp
Total numb8r ot mernbers
Total ol sitos
Members g8inedll1055lmBrgerl
1.576
2,512
0.10 Ow•lllWÉ
Member charltles Iflgure8 8pproxlmatsl
Total dwellinos
rot81 residents
Chgritles with a warden
29,a96
33.571
678
D4dW¥LU
I¢0• 4￿￿lina•*
40
I.WO db•ll
th•riu•4.
Almshouses wlth
Ilstedlconservatlon •r•a Status
Membershlp bu countru
England
W8les
Scotland
Northern Ireland
Channel1518rKIs
600
1,540
32
S22
500
200
Charltu type
CheritaiAe company lirnltecj by g¢Jar8nlee
cio
Unirtorwr81od
Reglstered provld8rs
45
93
1,438
285
1CK)
90.-
f-
38
￿r￿E1.
Gmde I Corwv8tlon
Membershlp enqulrles bu type - 2023
ServlceslEvents - 2023
Semin8rs141- 232 delegates
Members Dsu- 189 de￿gateS
Webinar5161 477 deleg8tes
Tho Almsmuse Wau Training
CO￿se5{231- 308 delegates
•Regional MeEtlrHJ5 IA550clation
org￿nISed)ll1l- 27S deleoate5
OnlirE training cours851111-
761 completed
Charlty He81th Checks- 80
Website user5- 130,000
Total enquiries by phonelemail In 2023 2,146
*J1Tro•
FIMtt¢•
P*%ld•rt•. ?1•

STRUCTURE, GOVERNANCE AND MANAGEMENT
Th8 Almshouse AssociatlDn Board 15 responsible for guiding the Associatlon and developing and overseElno th
delivery of the strategy In doing so. the Board employs and manage5 the ChiÈf Executive Officer, mtsnitors the
finances and acts 8s a ch8mpion lor the Associatior) 8nd the almshouse movEmEnt Crucially, the 8oard Ensures
that the visian our foundw5 laid down 77 ue8rg ago 15 delivered today.. to Support our rnefflbers, to raise the
profile of the 8lrnshou5e rn￿e1 2nd to h&lp preserve the herit8ge, buildings and the spirit of alrnshouses Bo8rd
of Trustee aDDointments are managed
by the AsS[￿latIOn,5 Nomln8tians
Committee which 15 chaired bu PwJl
Klullis The Nominations Committee
proposes ncrninations for new trustees
to the èoard for approval Trustee
v$cancie5 8re widelu edvertised 8nd
all applications are cOnS￿dered based
on skills and experif>rbce ¥8quirpd
ebDVg A StF•t•py Aw•u for Th• Alrn•hou•• A¥so¢l•tlon g0•1d,
"Th• Bo•fd Is r•spon•lble for iong-lerm stibtegy ind guld•nc• of th•
Asiocl•tlDlI. W• •r• • Ilv•ly •nd cornmlttqd t••rn. p••%lon•l• •nd
knowI•d0e4b￿ about •lm¥hou¥M •nd th•lf Imp•ct. Klemb•r¥ J•iv• lor
m•xlrnum t•rm ol nln• y••rs, io w• •r• con¥t•ntlu i••klno to •niur•
th• ch•llEnoes uf lamorrow l ieod • namln•tloni commlttee whlch
r•vl•ws •nd propo••• nomln•tlons lo th• lull 804rd. W• h•v• •xc•ll•nt
n•w ciThdld•t•8 bllna con8ld•r•d ln 2024."
Plul Mullls. Ch•irm4n Qf Nornlnfjllons SuocommItle¢
photo right P•ul klullls IfoiEqroun4 centrel rpl•br41•¥ th• 125th •nnlv•ri•ru ol Dvih•m AkT•¢ Mln•work•r•' Hom•s
As$ocl•tlon lof whl¢h h• Is CEOI, wlth Alm$hou•• AJ8o¢l•tlon Chilrm•n, Wllll• H•rtl•y kuiJ•ll Ib8ck row, lerii.
PUBLIC BENEFIT
The Alm5hous8 As50clat1￿ was established In 1946 to r815e the protile ot rhe 8lm5house movement, to gJPPDrt 811
mern￿r alrnsknu5e charitie5 in their duty of ￿0vid1￿ homes and 2 cornmunity to their rosident5, tu help memter
charltle5 protect their buil(Jings and continue to develop more and betler almshouse ccrnmunities
The Assoclatlon provide$ support to member cherities by offering a helpdesk, 8 m8nagement guidarKe manugl,
template documents, trainiry. seminars. networking OPkN)rtunities. representation at national and local government
level, engaging experts to advise on Specific issues, offering 108nS 8nd eMer￿nC￿ granls when needed and
pr08Ctively ￿p￿rtIng those charities In most need.
THE LEONARD HACKETT MEMORIAL TRUST
Th• L•on•rd H•ck•tt M•rnDrl41 TN¥t ILHM71 •xl•ts to promot• Ind •dv4nc• th• rh•rlt•bl• work ot Th• Alrnshou¥•
As$ocl•tSon. It Is •n Indep•nd•nt charltu L•d bu volunt••r Iru•teee wlth the mls•lon to support •lm8houi8 charltle•
that •r• fiiiing lo d•llv•r #ult•bl• hom•s to th•lr r**id•nt¥. Actlng is • 'tru%t•8 of lost i•iort', lh• tru8te•i lake In
*etlv• l••d•rshlp rol• In quldlnq th• As•ocl•tlon t••m, •¥¥lstlThq th•m to brlng th• bulldlng%, th• gttv•rn•nc• AAd
the fingnc•$ of a chliltu ta • robuit condltlon b•loF• h•lplng to •$t4bll$h a n•w Indep•nd•nt IoE41 b04rd of
trusteEs to ovEisEe the long-term luture or the charlty.
Th• tru5t••% ol LHMT. und•r the ch•lirn•n5hlp of Trl¢l• 5coullip, h•v• rpvi•w•d th• 191• of LHMT Ind b•ll•v• th•t
earller Int•rventlon Is o rnor• •rriclent ind efl•ctlve wau of d•allng wllh ch8rltl•8 noodlnq support.
Curr•ntly LHMT15 r•6ponslbl• fov runnlng Th• Alm5hous• Ch4rltg ol Edmund Sawy•r and Others, whlch conslsts Df
two ston• ¢otr•g•$ In K•tterlng. In 2022. LHMT carrled out a d•t•ll•d Burveu ol th• prap•rti•s and l# CDnBld•ring
long-term optlons wlth the elmshous• ch•rltu. In 2023, LHKII approached Hlslorlc England And th•y prolect.m•n-
•o•d •nd fund•d eiose to £100,000 worth •1 work to Improve and eons•fve th• ttlstorlc bulldlThJ$.
"LHIIT rem81ns an Important soundlnq board and backstop for charities in cri51s and will alwgu5 have
a role In supporllng Tho Almshou88 Assocl8llon and Its members In most need. There may b6 an Increaslng
rule lor LHMT as some almshouse ch8Tltie5 8re stru¢gllng wlth recrultlng trustees •né rilsing lunds.
Tilcla Scoullèr, Chalr of Tljè L•onard Hack•tt Mèmorlal Trust

STATEMENT OF RISK
The BoArd Is ultlmat•ly responslble for 'rlsk'. Day-to-d•y r•sponslblllty for ilsk Is over9een by the
CEO and s•nlor $l•if al The Almshous• Assocl•llon but the goard malnt8lns i k••n watch on th• Rlsk
R•glst•r. r•gularly chall•nglnq and r•vl•wlng th• hlohest prlorltu rl$ks. Tho Roqlster 15 updated
and ievlewed at eyory Board meellrko and Flnance and Goneral Purpos•s Subcommltt•• mwtlng.
Th• A$socl8tlpn's prlnclpal rlsk ar•as are as follows..
Asp•ct
K•y Rlsk
D•scrlptlun
Mlllqotlon
Owra150ft•1
Information
Technoloau
Interruptionl
ybor-ettack
utilising the CRM system,
IT support outsourced to a speci81ist
W8bsite and myintaining good provider.
communication with
Regular communic8tion with thE
members through the
IT provlder.
website and ema115 places
Cuber Ess8ntlals securttu proces$
high degrÈe of reliance on
In place
robust IT sustams
R8gular 5ecwltu t•sling bu IT support
Emeraencu b*k-up plan In p18ce.
Fln•ncl•l
Loss of fundralslng Income requlred to SUPPOft
Fundraising Administrator 8ppointed and
ond Inv95tm?nt
fur￿tiOns.
engaging with donors arKI trusts.
Income
Subscrlption5 historicallu
leM￿r5, fe85 reviewed tu ensure the
cover less thon 50A of
Association remains fin8nc1811u
operating costs
guslèinable
Charitable trusts locused on
Aw8rding grants and 108ns to rnembers
8W8rdin¢ grant5 to charltles
In need will be Influenced ty our 8tsIlitu
providing suppNt In relation to to replace fund5
cost of Ilving crBIs
R•put•tlon•l
NEW and exlsting
oovernrnent policies
negatively affectinu
member5
Government policy affectina
members and tha Associa-
tion Policies Ih8t m8y
weaken the Integrltu ot the
charlty model.
High level engagement with Peers,
Ps and civil servants
Oirect engagement with S8cr818ru
of State.
Appointment af 8 ￿litICal eng8gement
organisation
Clear key me5saoes ￿ tehalf of
our memters.
Commission to ensure integrity of the
almshouse model.
R•put•tlon•l
P(x)r member
charity governance.
hAember charitie5 not
providing an acceptable
standarij of ￿cOMMUdatl
and support fgr their
residents.
embers not engaging with
Support Irorn the A550ciation
Poor governance through lack
or trustees
Accredited trainlna programme open lo
al members.
Accredited online training
FooJs on Identifying those mEmbers
who might require support
Support being d&veloped to attract new
trustees to the movernent
Operatlonel
Procedural and
system5
documentstion.
Lack of awareness of
procedure5 and policlE5.
Bo8rd 8CC955 to the A550ClètlQn's policy
documents.
Ongoing comFd12nce ravlows.
Loan and grant policy anij pr(￿edUreS
ukyjated
Regular senior leader5hlp team meetings.
General Data Protection Regulations and
policy reviews.

POLICIES AND GOVERNANCE
The Almshouse AssocI8tiL￿'s model policies and tEmpl8t8s form a kgy p8rt of th8 guid&nce and support we
provide tD our mernber5 to a5S15t them in the 5ucces5ful manaoernent and running of thpir almshause charitie5
ThE dwurnEDts guidance. which can b8 downloaded from our website popul8ted by thp charities, are
reviewed regularly by r&levant subject matter experts and updat8d bj the Association as appropriatE Our thanks
go to experts an Panel of Consultants whose edvice has proved to be Invaluable during thE uear
The Almshous• As$ocl•llon
seek$ to provlde th• k•u
r•source$ needed bu our
m•mbors to SUCC•S5fullu run
Ihelr •lmshouse ch•rltl•s.
The Asswi8tion's websilÈ Is an Inv21uable tool that enÈbles us to post Important
updates and news Items for our members without dElau Our printed public2tion,
The Almshouses Gazette and our
e-bulletins, which are emeiled to
membÈrg who hÈvÈ consented to receive
cornwunication via ernqil 8re further means fMJ which we Impart
inforrN8tion 8nd guidance With th8 Input of our Internal Pollcu and
Engagement Officer and external monitoring services, wè are able tc
keep abre8St of dwelopments atfectlng 8lmshDU525 and the 8lmshau5e
rnovernent which, when 8pplicabie, sre ¥eflECted in u*ated or new
policies, temp18te8 and guidance documents
The 2022 edition of our guida￿8 rn8nu81. St8nd8rd5 of Almshouse
H••d ol k4•mb•r S•rvlc•s. lu110n MArcz*k
an8oemEnt wes published an our website In 18nuaru 2023 and has
Ilend• • r•glon•l rnoetlng al Whlt•lw VI1￿￿ proved its worth during the year Members have provided excellent
W•lton-on-ThAm•i wlth R•2h•l HIIL Chl•l
EM•cullV• Offlc•r o17h• Whltaiay Marn•s Truil.
feedback 8bout Its cornprehenslv& content and value as an essential
reference gulde From the Associaticn's Ferspectlv8, In èddition to
providing an90￿r$ to a range of Imporlant questions coDcerniw governence, residents glld property Issues, the
rnanu81 Is B means by wttich to ieise standards in almshouses so that re51dents mau contlnue to live In w8rm,
comfortable homes that are safe and secure
STRATEGY 2023-2030
Havlng completed th8 2018 - 2023 str8tegy ahead ol schEdui•. the Board dev8lop8d 4 new comwehenslve
strategu to deal with the changing threats tc the alrnshousp movErnent arKI to tJJild on opportunities to
Improve $8rvic8 to mamLw5 ènd raise awartness ol the great V8lu• of the almshouse model
Th• 2023 . 2030 itr•tqqy B•t• • cl•ir locu# for th• A••oc14tlon to:
prol•ct th• v•lu•bl• •*s•t• th•t Ouf m•mb•r* hold; th•lr ch•iltu st•lu•. v•lu•# and gov•fnane•.
bulldlngs And r•put•llon • •ncaur•g• th• bulldlng ol n•w ￿m$hOUs•S • •stobllshm•nt ol now
charltl••. and • h•lp exlltlng Irust••# bulld n•w boards lor th• n•xt g•n•r•tlon of l•ad•rthlp.
Muth of th• 8uce••• r•ll•• on th• Incr•as•d •w•ron•gs or th• almshouJ• modd.
Tho 2023 2030 strategy h85 50 18r proven itself to Lkp
sound, 8nd good progress has already teen mpAe
our CPD accredited 1-day tralnino course was launched
in klarth and furth$r developEd over th8 uoar An Intra-
du¢tory cour58 to complement the existing on-
line courses available to members has been prodLred.
Charity Health Checks, delivery of kegional Meetings
and encouragement of both nation81 ar￿ IDc?I media
coverege of aM$h(￿s$S arg also well ur￿erWaU.
8lmshau5e charities In SOME #rpos ore facing the
chellenge of recrulting truste8s 8nd long term this
wès considered a Co￿ern. It was also recognissd
that thB HlmsWse movement is supporting some
of the ctyJntru's mosl valuable herit8Ge assels and
thè As50Ci8tion wlll work lo raise the profile ol these
V8luable natiOn81 buildiThJs.
202£ strategic deiiver8bles will inclJYe Incre85ed
surwrt for charities in dSffi¢ullies. increased
SUFpJrt for charities with historic building5, helping
trustees to e5tablistt robust boards at Ict81 levgl,
raising the profile of almshouses, heWing rnembers
8ccess opportunitie5 to build rn￿e almshouses and
encouraging philanthropists to establish new alms-
huuse charities The Associal￿n will continue to
fundraise to enèbie contlnued ￿e￿very of these
valuable servKes
The strategy Is regularly revlewad by the Board, which
a150 held an Awau Dau to CDf)5ider the iong-term
viabilitu of the almshouse model After stre55 testing
3geinst future thre8ts and demogr8phics it was held
that the almshouse model Is not just fit fN the future
but, In many ways, the pertect model for the future-
Its strength being tQ 5ecurE wèrm homes In a c105e
and frieryjly ¢ommunitu It was widelu felt thet

GUIDANCE AND ASSISTANCE
The Almshouse Association continues to receive enquiries
frDrn member alrnshDU5e Eharities, both by telpphone
8r)(J email, ranging trom mètters concerning gÈner81
governance to issues relating to residents loans and
Grants, energu matters and land and buildings In 2023, a
total of 2,&16 gnquirigs wer8 r8ceived, Including 672 from
embers of the general public enquiring 8bout applying
tu alm5hou5e charitie5 for accomryodation.
scheme managers In 2023, 232 delegates Joined
MernbEr Services stall and 8 Senior M8n8gement
representative at seminars In Sheffield, Gloucester,
St Albans and Guildford They corisist of a prog18mrne
ot topical Issues relevant to elmshouse charities,
prgS8ntgcJ bu swclallsts wlthin thelr respective fields.
ThosE who attend also valuÈ the opp)rlunity lo wt
Questions to the As50ciation's team during the Q&A
session and networking Wlth other trustees and clErks
during tw88ks Where possible, a tour of tf* hosting
almshouse ch8rlty15 8rrènged.
The cnarity Heslth Check 15 proving to be valuablé to
trustees 8nd clerks wishing to rne85ure the Ferform8nc
of their charilies In terms of gDVgrnance. th8
building5. health and satety, resident5 and fin8nce5.
Where needed, the Association has subsequently
been pleased to offer guidance on those areas of
thE Heglth Check requiring attention
¢F4.
Bbove Slr St•ph•n Bubb 5P•4ks •1 M#mb•rs D•u, Lr>ndon 2023
lefft Guld•é Tour •fl•r th• fjuiidiord S•rnln•i. Octo￿r 2023.
bglow.. Tru*t••i and Cl•i*s S•mln•r. Glou¢•st•r. 2023,
11
Wè wer8 dsllghtea to organlse Members Day on
15 lune 2023 8t One George Street, Weslminster,
London Dur keu speaker. Sir Terru Waite KCfvtG CBE.
gave a wonderful, moving presentation about hi5
experiences 8s a thstage Other speakers on the day
Wgr£ Sir Stephen Bubb IP FFISA Executive DirectcK ol
the Gra(Jel Institute ut Ch&ritw NÈW College, Oxtord,
P8uI L8thom of the Executive LeadBr5hip ream of the
Charity Comrnission, ènd Dr A1150n Pooley, Research
Fellow of the Univ8rsltu of Suffdk.
and Its legal status aDd networklng are all part of Our
proactive servlce to members Further support for new
trustees 8nO clerks has been dglivered through our CPO
eccredlted training course. This training ha5 proved to
be very popular with m05t courses over-subscribad
Additional networking opportunities and support Is
oltered through our semin8rs lor trustees. clerks and
10

TRAINING
The focus of training offering In 2023 has been
the setling up ancl facilitation ol our new cours8,
'The Almshouse W8y' The course objective 15 to provide
almshouse charity CEOS. clerks ancj trustees with £ssentlal
training to enable thern to 8aopl best practice In fulfilling
their duties and turther the 5wces5 of Iheir charities.
This one-d8y Interactive trainino course Is designed
to underpin trustees. ￿n0￿81ge ol almshouses
and how theu opÈr8te It Is aimed at 'new to the
roie, CEOS, clerks 8nd Iru5tees as well as those
who are looking lo con501id8te thelr knovAedge
The tourse Is CPD accredited Icontlnuing
Prof8ssion81 Dev8lopmentl and Involves the
delegates taking part in tasks and 8Ctiviti8s
which brings the sessions to life ès they share
their experiences end raise quostions
amongst the oroup Aside from gainino
knowledge, this treining goes towards
increasing the resiliEThce or the almshouse
movement and Is g great opportunitu for
delegates to meet their counterparts in
the almshouse network.
rh• AlmihouB• W•u oi•du•t•$ Ifrom IODI..
N•rlh•mplon, Jun• 2023,. Chiiitu ol E112•b•th
J•n• 14n•s, 8•dfont. Wov•mb•r 2023.. 4nd
L••ds. O¢1ob•r 2023
bclow Th• Almshous• Wiv qrAdwle# •1 Klno fdw4rd Vl & The Rov
lo••ph Prlm• Alm*hou8• Ch•rltu, S•ffron W4ld•ry S•pl•mè•r 2023.
In 2023. the course w8s delivered In 12 Ioc8tions
across Enoiand, from Maidstone lo Exet8r,
Norwich In Rirmingh8m to Leeds 308 tIU5tees, clerks 2nd CEOS attended 23
courses When respondi￿ tu the p05l-course survey, 99% of delÈgatES found
the cours8 helpful and th8 tralner knowiedgeebie and engaglnll. and 100Yv said
they would highly recommen(J this cL￿r$e to other trustees, clerks and CE05
crr,r
The course will continue to run during 202£ In established locgtions, wlth
plans to offer11 f¢Jrther afield In Wales, eumbria. NOrthumberlar￿ and
Cornwall During 2024, we are looking to start the development of another
course to support the recrultment Of elmshouse trustees.
The Association a150 provlde5 11 CPD 8ccr$dited onlin@ training courses free
to ￿rnber5 through our partnershlp with an onllne trainlno provldgr This
Includes a new Association-produced, onllne course titled 'An Intr￿UCtion to
Alm5hou5es' This ￿t5 as a scene-SEtter for new-to-the-role trustees
ar￿ clerks end Is a precursor to our 1-day training course detailed abov
It takes Just ong hour to complote and covers key kno￿edge areas with
signp05tiMg.
To$tlrnon1411..
"I thlnk th• coursa w•s bflmmlng wlth Inform8¢1on.
knowlgdg• •n4J u8•lul factw. •nd was dellv8r•d In 6uch
wau that It workedl
-An excellent tr81Tr1ng providing me with very useful
addltlmal knovdedge as a relatively néw trustee I have
fflore confidence to deliver 5UPPOrt to the re51dent5 and
ffl8eT duties as a charity trustee"
"A v•iy thorough groundlng-. f•l•v•nt Informgtlon
près•nt•d *ucclnctly and •lllcl•ntlu. A$ w•ll 4¥
eornmuTrle•tlng Informatlon. th• cont•nt 4nd ¢￿t•mI of
th• dwd i•1sid •w*i•n•ss of th• Import•nce of Skllls,
p•rtlcul•rly communic•tlon, *ttltud•*, comp*s*lon.
emotlon•l Intelllgence •Trd coTrtrlbullng lo cammunlty.
11 thls t*k•s a lot of fOreth￿4ht and prep8r8tlon,
Y•qulr•s a sklllqd •nd •uth•ntlc f•rlllt•tvr who l¥ w•lklnq
Iho walk. An exc•li•nt courw."
"Absolutely 8xcFllenl course Very well orepared arNJ
delivered I have never ettended any treining where
everyone Is happy to be there Itrainers and delegatesl.

REPRESENTATION AND ENGAGEMENT
ThfDughout 2023, we rna(Je significant progress
deepeThlng our engagernent with Government and
welcomir)o the Support of over MPS. Instigated In
many c8se5 by their engagement with our member
ch8rities
small charities We continue to work with all p8rtie5
to enable Homes Eroland to funrj almshouses, as
reuulated by The Charity Commission, and to have
almshousES recognised 8S '8flordable housing, in the
N8tlonal PIEnning [￿1￿9nCe To ensure MPS gnd
Councillors havè all t￿ necessary Information on
almshouses at their finoertips, the Association has
bJilt a dedic8t8d areg on our website whera statistics
and fKt5 on élm5houses can bÈ easilu fountj.
Almshouse Asscciation provides setretariat ser-
vlces for the All Party Parliamentoru Group IAPPSI on
Almshouses This affords 8 foundation of support ror
81ms￿UseS within Parliement with a nurnber of sup-
portive K4Ps and Peers who are willlno to light our
corner In both the Hwse of Commons and the House
ol Lords Followlno a re￿OW bu Patli8m8nt or) APPGS,
The Almshou$6 Association APPG15 In dlscussions
with other Iike-mindetj organis&tions and our APPG
rney well bpcome more impactful through merglng.
This wiLi L* conflrmed In 2024.
The te8m worked wlth supporters In the House of
c1￿MOnS gnd t￿ House of Lords to resFond to key
concarns, inciudlng challenges on thc dofinitlon of
'afford8ble housing,, Section 108 and 'selective Iicenc-
ing,. The Assttiation Ss. however, concerned that the
Regulation ot Soc181 Houslno rnodd Is not suitatle for
Phllllps. CEO •nd Iru¥to•1 ol th• Assoclallcn
8o•rdm•t wlth Thw•#i M•y MP •t al P•ill•m•nt.
NEW BUILDS AND REMODELLING
In 2021 w• ••tlm•t• • furth•i 450 unlts w•r• •dd•d lo th• •lm4hous• mov•m•nt •nd miny moi• •r•
¢ury•ntly golno Ihrouoh pl•nnlng, Th• Almihous• Conioillum Llmlt•d IACLI, •n Ind•p•nd•nt orgqnli•tlpn
run by •lmshou$• m•mb•ri, eantlnu•d to support manu rn•mb•r• In acc•••lng lundlng fiom Hom•s
Engl•nd and th• Gr••t•r London Aulhorlty. It h•s b••n In •xlstenc• for 10 u••rs Ind h•s r•c•lv•d ov•r
50m of fundino lor th• r•mod•lllng or tonstruttlan of ov•r I900 •lmihouus.
In 2023, Th• Alm¥ho(ti• A•soEl•tlon contlnu•d to h•lp m•rnb•rs •¢c•s¥ fundlng Irom rn•ny iouic•J •nd
contlnu• to ¥•• th• Hom•s Enol•nd r•mpd•lllng fund •* • gr••t r•iourc• for m•mb•rJ.
Ca$• study A mlsslon to brlnq e 17th Centuru Hospltol In Ufford, Suffolk Into th• 21st C•nturu
The UttDrd Almshous85 were origln811y called wo￿5
With an extension end ¢(wnplete refurts'shmenl
H05PItMI. They were bEque8thed to the Parish ot Ufford
ol each 8lmshous• pl8nn8d, fijll and listed buildlng
in 1690, In the Will of Thomas Wood, Bishop ol
planning pBrmission was obtained. Whilst a lesser
returbishment hed been considered, th15
would not h8v8 PlOVitJed the necessary
Space for modern living for older people.
some of w￿rn might have rnobility ne8ds.
hospilgl for the
poor ot Ufford, theu
were altered sub-
5t8nt1811y In 1959
when they were
converted Into
two dwellings 8
further modemised
in 1990. In 20a, the
trLJSt8es decided to
brirKJ the properties
up to modern living
standard5
Th15 IS 8 dllemma th8t trustees of m8rvJ
old8r almshouges are grappling with todau-
Q UOU SPWKI time
8nd monay
on relatively
5horter-terrn
repairs and main-
ten8nce, or do
embark on e mejor

AmoThgst th8 Mps Wlth whom we have had positive
engagement duriw 2023 were TherES3 Klay, Rachael
klaclean, MichÉel Gove, Lee R￿￿ey, Oavid Rowley,
Aark Harper, David Simmons, Leo Oocherty, Laura
Ferr15 IConsErvativel, bAike Amesbury, gen 8radshaw,
Mohamrn£d Ya5in. Rachel Maskell (Labourl, Tim
Farron and 08isu co0￿r ILibDeml.
knowiedoe8blu 8ncJ enthusi?st1¢811y at Members
Day 2023 He 2ddressed the significant hislory
betwÈen almshouses and philanthropu recognisirvJ
thgt almshouses are the oldest form of charltu and
hDw working together will protect the Inlegnty of
this ￿LUabLe communitu-led housinu rrndel
Beyond politics. th8 Assoclatlon work5 Wlth
organisations across the housing sector such as
the NatIc￿oI Housing Feder@tion gnd The Housino
Learning and ImprDvement NElwDrk ILINI, and we
contlnue to bulld our relationship with the c￿rCh
of England. Working collaboratively with our
partners allows us to provide greater services
to our rn￿berS 2nd strengthens voice when
we cempqlgn on shared Interests
M••¢iw wlth thv Lh•rtty Lvmml¥¥lvn 4t AbbJl* t*0￿1￿L
Guikiford In M•y z023.
The Association maintains 8 Strong relationship
with the Charity Cornmission welcomes
Support given bu their excellent team. Paul L8tham,
Director ol Polleu tar the Charity Commission, 5pJkÈ
A ip•cl•l thanks to our APPQ m•mb•r•'.
Slobh•ln KlcDon8gh IAP, Solly-Ann Hirt up.
Slr John H•u•¥ IAP Ind Tpm R•nd•ll MP for th•lr
ongolno *Ltpport.
Th•nki •l$o for th• oood guld•nc• •nd Bupport
glv•n by Th•r•¥4 kl•y AIP. Lord 8•1(8aron••i
Haym•n of Ullock. 8•ron•¥¥ Scott, •nd Lord
K•nn•dy, to n•m• lull • f•w.
refurbishment project to ensure that uour almshouses are
flt tor purpose Into the future?
For tha trustees of IM Ufford Alm5htyJ585 It wa5 th8
lotter but this brouahl with It It5 own chelleryes
Th8 gemral lev81 of ￿lId1￿ costs had risen
51Gnlfic8ntlu slnce the project WBS wglnellu
envis8ged over two ye8fS ago
loBd time to gEt all the fundirE In plgce
tDok 18 months
It twk several rnonths to recelve Bpproval from
the Charity Commission to utilise a significant
rlion ol the Charity's endowment funds.
In addltlon. they wlll also bs utilising their
Extraordin8ry Rep8ir Fund
Before any work could start, bat surveuors h8d to
be 8ppointed to ensure thEre were no bat5 r005ti
in the roof Luckily, there were nonè, but thè
trustep5 h8v8 d8cided to put up bat nesting boxe5
when the project 15 fin15hed.
The truste85 cMs8 8 IKal txjilding cornpanu and 811
trades have been very thoughtful and understanding.
This was one of the ¢onsiiYeretions, tooether with
cost, ror the award of the contract. Once complete,
the Uftord Almshou58s will be fit for 2tst CgnttJry
living. They wlll be fully accessible and elluw for
ground flo￿ living. if requlred They will have modarn
he8tino ènd will be fit for wrpose for at le8St another
30 uÈars
The Charity joined the Almshouse Cun5Urtium Ltd who
provided expertlse In successfvllu securing a grant from
omes Englantj The AimshDusE AssiKiation sl50 revlewed
the project In dEt811 and held an on51te meeting with two of
the trustees before 4w8rdiry the Charity a 108n of £75,000
tenacity of the trustees to get this project rrw-
forw8rd exempllfles the great work of trust*s
up and down the ccrtjntry IE8ding to community.
compassion and companionship for all those
I￿1¥idualS fortunate erKugh to livp in an 8lmshoJ58.

REGIONAL MEETINGS
8LUVe hgionli M••¢lnV •t fjlrton 7own Ch•rti
5•ptsmb•r WE3. right W•st k41dlinds R•qlonil Al￿ting
8•rkswdll Alrnahoui•4 Alarch 202
Reg10n81 Meetings are an exc8llent OPPOffunity for
representatives of almshouse chariti•s lo meet one
another, tind common ground 8nd di$¢us$ current Issu85
Throughout 2023. The Almshouse Assocl8tion supported
charitie5 to host 8 selection ot region81 meetlng5 and we gre pleased to
repwt that Il h8s b8en a succossful year with an enthusi8Stic respons
from nErnb8rs WE metlculwslu planned and organised 11 mBetings. wllh
8n impressive turnout of over 137 memtser charltlgB, bringing loggther 27S
trusteEs, clerks and scheme man8gers
~Ai •v•r It w•¥ • oood. ronvlvl•L
produttiv• and toplc*l m••llno,
whl¢h I thorouqhl¥ •ryJoyd. It l•
•lwau* yood to shir• thoughts
ond slr•loglo8 wlth oth•r charllt••.
-Thoroughly •nloy•d m••tlng Ltp
wlth oth•rs Involv•d In runnlnu
Alrn$hous•&"
We ar? grateful to all OLJr members who collaboiated with us lo arranoe
thgse meetirvJs and Generously offered their 81rn5hcu5es as Ideal venues,
with particular th8nks to the Regional Peer Representatives who put 50 rnuch
effort Into these Eveiits The feedback we h8ve recelved has been ovarwhelminglu positlve and we 8re dellght8d
that these gatherings serve a5 an excellent platform for open discussions on challenges while providlng our
memters with updat85 on the almshousé movernent, decarbonls8tlon strategies, ènergy updates and governance.
LEGACY PROGRAMME
Legocies are the Iileblood of the almshouse movement an
mporlant part af our fundraisinG Theu help to Support our Members
most in need. refurbish L￿111 new almshous?5 and ensure warm
safe secure homes for genergtiong to come.
The Association under5t8nds the challenges our members f￿e and
we are always looking for way5 in whlch we cen further wpport our
member5. In the CDmino ue8rs we antlcipate that demand for our
services will contlnug to Increase and to help address this need we
have est8blished 8 leg£cg programme
Mllny almshouses were established through legaties 8s a result of
the foresight and generosity of 88rly philanthropists They provided
homes for p80ple In housir)g need which have been changing lives for
the better for over 8 thous8nd Leaving 8 legacy to the almshouse
movement is a legscy that has buth Impact and longevity
A pliqui on th• w411 at Berkgwell Almshou¥4 W•st klldl•nds, honourtno th• •lrn$houg• donorÉ.

FRIENDS OF THE ALMSHOUSE ASSOCIATION
In November 2023. The Almshouse Associationlaunched our Friends of The AlmshoLJSÉ Assotiatjon club, taiiorEd
especially for indlviduals who share a keen Interest in almshouse5 and a passion for the almshouse movement
Friends ol The Almshouse Association enjoy an >rray of benefits, Including a
biennual newsletter with unique Insights and updates on the Association's activi-
ties, an exclusive Friends nelwoikino event and special I￿r9 of almsthuses ècross
various locations In the UK.
I IIE
ALMSHOUSE
We h8ve been delighted with the interest generaled so far, with sorne mernLEr5
generously gifting Friends membership to their colleagues and family We e8gerly
anticipate the continued growth of Friends as It becomes an Integral and
estsb115tr￿d part of the 8lrnshou8e rnovement.
FUNDRAISING, GRANTS AND LOANS
The Almshouse AssDciètlDn tundraise5 m8inly from
Ch8rit8ble Trusts to sectjre funds to support the
Associ8tion and for direct support to almshouse
charities that need it m05t Fundraising is vital to
the long-term stability ol the Asswi8tion and p18115
kay role In 811owino us to 8d8Pt to evolving ch8118ng8s
and Increase Support to oui members
member5 easier and rnore enjoyable 8n4 thereby
eTrhar￿e the overall well-belng ot residents
E￿rY year the A$s(￿latIon awards loans and grants to
our members In 2023, EBa4,624 w8S 8pproved In new
loans, compared with £350,000 in 2022 Grants approved
In 2023 IDtallEd f 78,S90 ccmpored with £71,935 In 2022.
In additlon £3,000 wos conlrlbuled lo Bèyes Business
School to support the Almshouse Longevitu Studu.
Ises page 43 for detai15 of grants an¢J loens macje to
rnem￿r charities by the AssDclatianl
The funds raised c￿tribUte not only to the upkeep
of olmshouses but also to the Impl8rnentation of
Innovgtive projects that airn lo make the life ol our
INSURANCE
to •n
Inv•*t•d l•gic¥ th•t
w•$ l•tt to
7h• Ilm•houi•
A•%oclitloft ov•r
65 yMr• •q4 w•
•r• •bl• to contlnu•
lo pro¥ld• ChrJitm•o
girt* to dlm•hou
r•ild•nts ov•r
y•wJ old •v•r
y••r. lullllllny th• wl•17vs ol th• u•n•roL*J b•n•f•rtor.
bfft At L• P•Monn• Homi• Ch•th•
Srn • ehrt•tm•• vou¢h•rl• girt•d to 98 oldr••ld•nt Ivu.
M•mb•rs Ar• •llglbl• to Joln
the compr•h•nslve •lm$hou$•
Ingur8nc• sch•m• admlnlst•r•d
bu two mAln bruk•rs.'
• Grout In$ur•nc• Brok•rs Llmlt•d
IGroutl, whlch Is now pArt
of Access Insuranc¥. who$•
•lmshouse pollcles are under-
wrltten bu RouAI & Sun Alll•nc•
Insuranc• Ltd IRSAJ,
Our Legacy Progr8mme en5ur8S th8t Intjivldusls who
leave 8 gift to the A5scciation in their Will 8re helping
to protect precious alrnshous2 buildings for the future
a5 well a5 5upportinq new devEiopment opportunities.
Hlgos Insur•nc• SorvJces Llmltvd
IHlgo$l, whos• pollcl•s Ar•
underwrltlen by Ecclosl•stlcal
Insuranc• Ofllce Servlce$ plc.
We will be promotlng our Legacu Programm8 during
2024 and encouraging naw phiianthroplsts to help us
navioate new challenges. adapt to evulviro nEEd5 and
cre8te18Sting positive change for our member charities
ror the benefit of future generations just as the
philanthropists of yesteryear have done before
Durlng the y•ar. Th• Almshouse
A$so¢latlon recelv•d donatlons
of £30.000 frorn Grout and £30,000
from RSA and a donotlon, as wall 8$
$ponsorshlp. of £fs.792 Irom Hlgos.
15

PR, MARKETING AND COMMUNICATIONS
Over the p85t five ue8rs. the primary message frorn The Almshouse AssDeiation pri gnd Marketlng team hBs
b8en letting everyone know just how good almshouses are Those In the almshouse world already know It, but
there w85 8 lot of work to be done In the public 8￿n8 We are deliahteo to sh8re that our commitment to
raisiry profile of the almshouse mcwement has contlnued to uield ￿SItive results In 2023, gainin9 even
more allention and coverage In a landscape where vi51bility Is hard-won. amidst the myriad of businesses
and charities vuing for attention, almshouses are gradually being reco9nis8d as a groat ccrnrnunity asset
Our message has reached a variety of media platforms. from Ioc81 news to national COVEf3ue, even extendiryJ
ta radio and television, Ihrusling almshouses Into the spotlighl A particul8rly eKcitlng devElwmenl unfolded In
Oecember 2023 when. after Year8 of persistent effort, almshouse5 became an Inteoial part of the storyline on
8BC Padio I's The Archers The culmination of tttis Inclusion marks a significant achievement and 2clds a
captivatlng layer to our story We eagetly anticipate sÈeinp how this storyline unfolds In thtr coming epis(Mlesl
These mllestones ere a te5tarT)ent to Ihe dedic8tion and hord work af our team 8nO we loyjk forward to
bulldlng on this morn8ntum in the months ahegd
ROYAL VISITS
Th• ¢onllnu•d commltm•nt to •lm¥hou••• bu
our Roy•l Vlc• P•tron. HRH The Duk• ol Glouc•il•r
wos ovld•nt In hlB Att•nd4nc• ml thr•• Rou•l vlslt•
to •lmshou$•s. m•rklng • c•nl•nnl*l mll•8lon•,
In olflcl•l op•nlng of a n•w d•v•lopm•nt •nd
c•l•br•llng • fundlng Inltl•llv•.
• Th• Courlouid Homes of R••t. Es14•X
On 3 Octob•r 2023. HIS féou•l Hlghn•#• p*rtlclp*t•d
In th• c•nl•n•iy 1•stlvlll•s •1 Th• Court•uid Hom•1
of R••1 In Ess•x. Th• vlslt •ncomp•¥$qd
l•scln•tlng tour of the fé•adlng Rocm, 4dorn•d
wllh hlstarlc•l plctur•s, ar¢hll•ct's pl•n* ind th•
Courl•uld famlly'z ¢•ptlv411na hl¥loru, •* w•ll •1 *
vl•lt lo • r••ld•nt's hom•.
HRH Th• Ouk• ol alw￿•t•r m••t$ r•ild•ntx it Ossullon Court
rn•how•• In Vxtrrld90 Iabcvel Ind vlFItE Court•uld Hom•
ol R•#t, E•s•x Irighll •nd W•41s Almihgu••¥ IOelo¥vl.
The Clty ol Wells Almshouse5, Somgrset
On 16 October 2023. HI% Roy•l Hlghn•$J vl$ll•d Th• Cltu
ol W•lls Almghous••. •xplorlnq th• m•dl•v•l bulldlngs,
g•r¢Jens. chapel •nd Gulldroom •nd •cc•pllng an Inyltatlon
to vl•w • r••ldent'J •P•ftm•nt.
• Vxbrldge Unlt•d W•lf4r• Trust. Uxbrldg•
On 20 Octob•r 2023 HIS Royal Hlghness attgnd•d th• aff Iclal
op•nln9 01 Ossullon Court, • n•w •lmshou$• d•v•lopment by
Uxbfldg• Unll•d W•lfare Trust, cornprlslng 20 metlculouslu
deslgned •lmshous• •p•rtm•nts. Th• vi$ii Includèd a guld•d
tour ol the alm•hous•s and 4 dl$pl•y ol 4ppl• tr•e5. eBch
d•dlc•l•d to • r•4ld•nt.
W• were algo dellohted and honouied thal HRH Th• Prlnc•ss
Roy•l opened new almshouges èt Thè Cutbush & Coff•ll
Charlty In MBld5ton•.
'Il Is a gre8t honour to welcome OLJr Roy81 VKe P8tron to our member charities. The Duke seems genuinely
ImprEs59d by the wonderful 3rchite¢ture and charity histories that are the hallm8rk of the alrn5hou5e moveffjent.
They c3try wlth th8m centuri85 of living h8rltage snd the stories of hundreds oi lives that weave the fabric of
thesè micro-comrnunities..
Nlck Phlllips, Chief Executive

2023 hlghllghts
Country Life 5erl•$.. The Ewelme Airn$houses
IOKfordshirel aitiEle In Country Life maga21ne, Februaru
2023, followed the success of a series of three articles
about Wiltshire almshouses in Wiltshir8 Life maga2ine
ID 2022 Writer, TU￿ Kael eKplored the medieval
8lrn5hou5es Set LJP by Chaucer's granddaughter that
are sfill flourishing tod8y ￿Ore Life m8oazines have
been approached 8nd additional articLes across the
country have been secured tor future editions.
published on 22 K4ay 2023 The he8(Jline revelation.
IndicBting that living In an almshouse could extend the
lifespan of Its residents bu as much 85 two ènd a halt
yÉars compared to their counterp8rts in the general
population, captured the attention of manu media
outlets includirw 85C Irgland, Housing Industru Le8dEr,
Newsweek, Ruwal Service5 Network Yahoo Npw5.
N•w Ch•lrm•n Wllll• Hartl•y Russ•ll-. A widgly
distributed news release ahead ol the ChHrim8rf5
appointment In Jun8 2023 8ttr•cled plsnty of loca 8Th
specialist inteiest Willie made himself available for
several excellent Interview5, including br08dcast radla.
ayes B(tslnMs Sch&Jl Longavlty stud￿ Th• Gu•rfl•n.'
Tlii5 re￿￿rCh. Initl8te(J by The Almshouse Association,
gained significant traction when The Guardian reached
out for Bn exclusive kntervlew, whlch was subsequ?ntly
oun¢iy Llvlnq.. Susy Smith's crAumn. 'View frc
here,. in the lune 2￿3 issue of Countru Living, opened
with hèr Caption th8t 'almshouses are Just 8$ Important
today and, In the futur8. as theu wero In thè past..
Fln•nclal Tlrn•J,. Interviews, connection5 and rNltiple
visits to The Ch8rterhouse, Wells, St Oswald's and Ap￿eb¥
Blue almshouses, re￿Ittd In è wèll-lnformed and positiv8
articl? In the 15 September 2023 weékènd edltion.
R•glon•l A4a#•iln•s.. Several articles for loc81 wbllc8-
tions were printed In Round & About la monthly magazine
811vared to hornes In th8 South of Ewlandl 8nd Ch81font'
Community Together magazine.
Th• Arch•rs - 88C Radlo 4.. We wgre dellohted to
hedr that an almshouse wa5 5ugge5t8d for one of the
ch8racters In The Archers, wttlch has an 8udIe￿e
ol approximatelu five million
I'h, Mdrkuliriil riDII l.'TrmmJnicalior6 C￿lIn￿ nverl2al
ill
Appleby Blue development, Southwark
'In lioht of the Almshouse LonGevitu Studu, it is evirjent that
alm5h(xJses like Appleby Qlue are more than just hDusini. thoy
provide 8 community-bssed lifestyle that positively Improves
the well-beino and10Tr3gVity of its residents.
This study highllghtS the role of almshouses in providing
not only affordable housing but elso fostering a supportive
environment whore friendship and Indap8ndent living blDSSOm.
It show5 that fftsidernts from le55 well-off b>ckground5 Can
reach average longevity. onrJ sometimes excted it, Ir theu Ilve In
an aIms￿use environment or 51mtlar.
As we reimagine and expand the almshouse model in our
rapidly ageing society, we are committ8d lo using the evidence
from this research lo preserve tttis traditional form of social
housing Bnd also ensure its growth. rhe new Appleby Blue almshouse devÉlopment showcases 0￿., VlJCion
for a lulur8 whgre ￿dEr pgople have greater choice for retirement living In places where they can sustain
indepen¢Yencg and an active life In their local communltu. With our own rosearch activities already uThJer-
w8y, we look forw8rd to sharing the successes and le5rnings from Appleby Blue, a5 we continue to
advocate for the provision of MO￿ almshoLtses to enhBnce ttE lives of dder people In our comrwlllties"
Martyn Craddock. Chlef Executlv•, Unltèd St Savlouis

PR, MARKETING AND COMMUNICATIONS I
¢ontlnu•dl
Our pr4 8nd NAarketing work also included stories
and 8rticles from our members These take pride of
lace on our website sacial media feeds and in The
Almshouses Gazette
Longevitu Study commissionecl by The Almshouse
ssociation and rele8sed In May 2023.
Our soci81 med16 accounts are Steadily Increasing
their follower5 and before 2083 came to a close, we
were able lo celebrate gaining our 1,OOOth follower
on X Itormerly Twitterl, with our Linkedln, Facebook
and Inst3gram accounts not f8r behind. They are 811
proving to be effective mediums for spreading the
word, gaining support and furthering engagement.
We always ensure the Gazotte Is full of guidance
and halpful 8rticles for members 8ncJ In addition
to this. we showcase our members. stories. We
publish the ch811eng8S 8S W81185 the successes,
8ward winners, journeys and their communlty
work, èlw8ys higNighting the difference almshouse
charities. their volunleer5 their staff are
making to the lives of almshouse residents and
the local community.
The Almshouse Ass(t18tion logo continues to
pr85Ent a strong Identity Alongside our website
an4 wclal mediè accounts, new Init18tives such
as our Friends of T￿ Almshouse Association club
ènd Leg8cu Progr8rnme are helping 5pre8d
branding further afield. All communications to
mernbers, such as fol(Jers, presenlatlons. booking
forms and e-bullglins, are eosilu IdÈnlifiable with
i)ur IDgo and brarKJing. Events such as ￿AeMberS
08U, the AGM, workshops, semln8rs. region81
Two veru popu18r mèmber stories wlth the trade
and national press were Southwark Charity'5 new
Appleby Blue development (see previous pagel and
the John Mord8n Centie Social hub. Both recelved
unprecBdpnt8d media attentlon, in conjunction
with the Ba¥•s 8usiM55 SchtyJl Almshouse
AMBASSADORS
Amb4191dorg r•pr•8•nt • tiucl*l compon•nt èl Th• Almshou•• Assocl•tlon's str4t•gy to •l•v•t• th•
prollle of th• almshou8• rno¥•m•nt. As well i¥ ￿ndIng th•lr Infl¢J•nc• lo th• c•u8•, Amb•ss•dor$
contrlbute thelf Indlvldual specl•llqt •xpertls•, for whlch w• Ire Immgnsvlu th•nklul.
They collaborate wllh us by..
• promoting th• •ndurlna ¢onc•pt ol loc•1 *lrnshous•s for lo¢•1 communltl•s
¢omm•ndlng th• •fforts of m•mb•r Iru81••s who ov•rs•• th• 41mihou•• ch•rltl••
• uslng th•lr •xt•n*lv• knowl•dg• •nd n•tworks to prop•g•t• our m•ssig•
•ng*qlng wlth Gov•rnm•nt to advocat• th• •lmshouse movement's Inter•st¥ •nd r•l•• p•rtln•nt qu•sllon•
• pl•ylng • l••dlng rol• In m4nu ol our cimpql¢n•.
A full Ilst trf our Ambèssadors cèn be found on the Inslde front cover of this Annual Report.
Introduclng Arnbgs$8dor Slmon Smlth
Simon has eKperigncgJ yet anothgr extraordinarily busy year,
dedicBting h15 time to delivering highly Infvrmative t8lk$ on
almshouse5 and Emphasising their historicol significance ond
vElue to Iuc81 group5 in Hertford5hir8.
rLS
Slnce th8 Inception of his pres8ntations. he has engaged wilh
8pproximatelu £ 000 8ttendees. H15 unw8vering commitment
plaus a pivotal role In ad¥8ncing Our mission to raise
awarengs5 about the almshouse movement and we are
tjelighted with the p051tive re5por)5es he has received frryn
local communitu audiences. We extend our warm thanks to
Simon for his st8adfs5t dedication.
We ar8 enormously grateful to 811 our Ambassadors.
Whether working discreetl¥ behIr￿ the Scenes or playing a prominent role. each contributlQD Is Invaluable to
the almshouse movement and we look forward to working with them over the coming year.
Slmon Srnlth •t U3A rneetlng In St Albans. lulu 2023.

STAFF
meetings and training
CDurses all provide
goo￿ p18tfDrms to
present our vnilied
Imege. thereby
building recogr)Ition,
trust and communlty
Management of the staff at rhe Almshouse
Assoc18lion Is delegated la the Chief Executive.
There are 13 staff, some part-time, 8mounting to 10
fvll-time equivalent POSt5 An eneigetic, enthuslastic
and Innovétiwe tearn, th8 Staff work very 6ff8Ctively
and have a strong sens8 of person81 rewnsibilitu
to our members.
Directlu ￿PPorting the Chief Executive Is Mike Drake,
Head of Financ8. whose knowledgE and wisdom Is a
tremendous 8sset to the A550ciation Paike leads
the financial side of the organisation. providlng
sound ènd meesured guioance to the CEO and Board,
ès well as supporting mem￿r5 and staff on 8nu
aspect of financial guidance
outside the mtsvernent.
Thère will always be
more work to be done wlth regard to raising the
profile of almshouses but we feel that progress has
deflnitelu been m8de.
In 2024, we wlll b2gin to turn our attention to Ph85e
two of ￿r marketing strategy wh1ch InclLJdes
Iwking for the next generation of philanthropists,
the prèservaticn of our heritage and a more ￿Tr-depth
look into why almshouses arÈ making such
P0511ive difference to people's Ilves We are excited
about where 2024 will lake us
Ju118n Marczak, Head of fvAember Servlces, Is
dedicalad lo helping trustees be as effectlvè 8nd
Èfflcient 8s they can be He has many years of
almshouse leadership experience and has led
the Member Services team In delivering excellent
st8nd8rds while seeking new ways of workinq to
support member charities
Mlke and lullan have both m8de strong 8ppolntwents
in the team end trained and enthused new staff
to deliver well In thé splrit of excellent eU5tomer
sarvices and profgssion81ism
REGIONAL PEER
REPRESENTATIVES
The Marketiry an¢ PR enjoyed bu the Association
are led by Karen Morris end Gerry H8rmon, who are
having greèt SUCCgS5 raising our profile In line wlth
our strategu
Nèw appointments In 2023 Included an Office
Manager and PA lo the CEO, Angela Waters who
h8S t8ken to the role well, supporting Nick Phillip5,
the Board and the t8arn In all areas, Including the
recent upgrade of Cyber Essentials.
Also joining the team were Charles Fifield, Policy
an(J Engagement Officei, 08vid Burton, Fvndr8lsinG
Adm￿nist10t0f jacqueline Smith. Fln8nce Officer,
Harriet Lemon, Training and Developmont Olficer,
and lo Williamson, Charitu gupport Officer. who will
be 8SSlSting charities wlth Chsrlty Health Checks
and one-to-one guldBnce
"I c8nnDt Speak highly enough of my $18ff.
This year they have worked as a Strong,
dedicated 8nd resourceful le8m, each
taking personal responsibilitry for
dglivering their pait of the slr8legy dno
the strategy as a whole.
They enthusiastically assIst each other in
d8livering the best service to rTTrembers,
They are a privilege to work with '
Nick Phillips, Chief Executive
A5sLriat￿ ￿1cMet￿L￿ ano Wional Pefjr Represent&live
rar It* We51 MNllands. Uawd leadiry a reg￿r￿( mepti
Th• rol• of a R•gion•l P••r R•pr•#entatlv• l•
volunt•iu posSlltyn ttr•v•lop8d to glv• la¢al Fuppart
•nd Quldance to Qui member charltl•s •cf055
the UK In th•lr r•sp•ctlv• reglons. Th•y 4r•
experlenced In running almshaus•s ond are on
hand to $lgnpost trustees and cl•rk5 In the dlr•c-
tlon of h•lp and suppoit wh•n needed and to off•r
• Il%t•nlng eai.
Reglon41 P••r Represent•tlves are Instrument•l
In th• organls8tlon of k•gffjonal Mo8llngs. and
work Closely with the Associetlon to support
m•mb•rs ahd achlev• a posltlve outeom• to •fiu
chollenges they m•u be faclnq.
Our Ih8Mks go to all R•glonal Peer Rapr•s•nt•tlv•s
lor ill thelr support and hArd work In 2023.
19

FINANCIAL REVIEW
Overvlew
The Statement of Financial Activities shows that Ttte
Almshouse Association's net 105$ before Investment
gains for 2023 w85 £142.43812022 net 105s E131.3991.
Net gains on Investments amounted to £870.35612022
net loss £704,4451.
A designated Investment tur)d which amounted tD
2,453,733 on 31 December 2023 was held to generate
incorne lo cuvgr som8 of the shortfall betwe8n
members, sub5criptiws and the annual cost of running
the Association. Klembers, 5ubscriplions In 2023 covered
only about half the cost ot ttr￿ As50cI8tion's cheritable
activities and the Association h8s r8i5ed mernber5 IEes
In 2024 to redLre the annual net expendlture.
Tot81 furids as at 31 December 2023 were £12,672,333
12022 £119&&,4151 divided belwpen unrestricted,
restrlcted and endowment fund5. Of that total,
£9,159,86012022 £8,5￿,?47) Is Invested In various
forms and £3,277,27612022 £3.018.3891 had been lent
to rnernber charities.
A designoted termlnal re58rv8 fund of £A60,000, equal
to half the total annu81 expenditure, 15 held to
cover the cost of anu Iiabllities arislng In the event of
the termin8tKJn of 8Ctiwties.
Nel expenditure before investment gains was £160.529
in respect of unrestrlcted tunds. net Income of £15,871
relating to restricted funds and Income of £2,219 in
respect of endowment funds.
The Assoclation's Strategy Plan on p8ge 9 s8ts
out thp Association's plèns to enhance the support
provided to member charities and to develop
s•rvlce5 During the uear £53,468 of the reserve
Was Utili5ed. leaving o reserve baance of É331,493.
Tot81 Ineomè of £893,469 was up 8.6% primsrily due to
the Income aener8ted bu th8 As50ciation'5 new training
c￿r5e 'The AlMSh￿se Wau. and additionoi public
fundraising donatlons. Members, subscriptions we18
up 4.9% on Last year.
Th8 remaind8r of the ￿reStriCted funds aft?r
811owing for tthse Inv8StEd In tanglble fixed assets
CC￿stitut8 the As50ClatiDn'5 Iree reserves, which
arnounted to £187,086 and 1s1&5S than three montws
running c05t5.
Dividends receivable from investments w8re down
8.1% as 8 result of a decline in dividend yields on the
Association's Investments following the cost of livir
crisis arM18n Incre8se In energu prices due to th2 war
in Ukralne
Restrlcted funds
Income from all sources aM￿nted lo £158.830
12022 £122,6381, this Increase was primarily due to
hlgher public fun(Sraisiro donations.
Total expenditure of f1035,907 was £81,973 higher than
the previous year mainly due to 8n Increase In staff
costs to support member services and professional
fEes to SUPFX)rt the almshouse movement in
parlièmentaru and statutory lew cjiscussions.
Restricted funds are hEld to provlde loans and grants
to member charities for almshous8 Improvement or
development As set out In Notè 9 to the fiDaricial
statements, some of these fund5 are for specified
8lm5huuses, groups o181mshou5es gnd regions. with
the remairKler av8118ble to all membEf5 EndDwment
funds are held to provirje income for specific purposes.
The nurnber of grant 8nd 108n èpplic8tions receiv8d
from members Increased significantlu In 2023
compared to 2022, as members looked to Improve
or develop almshouses following e slowdown In work
d(Jrino the Covid pandemic.
L08n5 and granlg Ère provlded to members when other
rces of fundi￿ have been fully explored The policy
Is that loans are Interest-free and gener811u rep￿8ble
over e 10-ye8r peric￿, and grants of up to £25,000 gre
reserved for those charities that lack the re50ufcE5 tu
undÈrtake a 108n A key objective of the Assctiation's
fundra151Dg campaign Is to Increase the level of restrict8d
funds from which 108ns 8nd grants are made.
Unrestrlcted funds
Unrestrirted funds are thos8 availabl8 for eny purpose
con515tent with the Association's obigctiv•s Incom
from all source5 amounted to £732,&2012022 £697,586],
49'A was derived from members, subscription5, 1&'A
from Investment Inconie 8nd the bg18nce r8ised
through donations, services to member ch8rities,
sal¢s of publications and fundraising.
In 2023, £777,76712022 É692,6391 was advanced in new
loan5 and at the end of the year the total value of
loans provided 8nd outstanding was £3.277,276. This
figure includes 8n 8dministration tee of 5% which Is
added to offset some of the Asswigtions costs. The
total grants made In 2023 were £54,590 ccmpared with
E71.835 In 2022.
Reserves ere held to ensure continuily of service
to members and ta provide Inve5tmEnt Income
20

Investment pollcy and
performance
Trustees, Responslbllltles
statement
Waverton manages the investment funds for the
charity as a single am81gam8ted fund comprising
the Invested portion of unrestriclÈd, restricted and
en(Jowment funds. During the uÉ8r the mÉrket value
of investments generally Increased with Improved
Investor confidence as Inflation rates reduced and
with the prospect of hioher Investment returns.
Overall, there wis an inve5trn8nt 98in of £870,356 or
111Y. for the uè8r D8t8115 are shown In Note 6
The trustees Iwho are also directors of The Almshouse
Association for the purposes of comp8ny lawl are
responsible for preparing the trustees. annual repDrt
and the financial 5tatement5 in accordance with
applic8ble law and e%plained In the financial
st8tem£nts In accord8nce with applicable law and
United Kingdom Accounting Standards (United
Kingdom Generallu Accepted Accounting Practicel.
Comp8ny law requlies the trustaes ta pr8P8re flnencial
statements for each fin8nciel year Under cornpany
law the trustees must not approve the financial
statements unless they are satisfied that they give
a true and fair vlew ot the state of affairs ot the
charitable company and Df the Incoming resources
and application of resources, Including the income and
èxpenditur8, of the chgritable companu tor that pariod
Investments also generated £193,161 of dividend 8nd
other Invostment Incom8, which was E11.699 lower
than the prevlous u8ar rnainly due to 8 reduction in
dlvid•nd ylalds.
Rgstricled funds not uEt Hllor8t2d to Intere5t-tree
loan5 for rnvmbers 8re held 85 Investments or o
short term cash deFQSlts lo the extent that theu
ère r8quir8d for luture loan5 to memter ch8ritles
Of thè total unutillsed restrlcted tund$ of £3,909,￿8
85 8t 31 Oecember 2023, 8pproxlm8telu 3% was hel4 In
the form of cash deposits the remaI￿er held In
the discretlonery managed portlolio
n preparing Ihe flnanclal st8t6ments, the tru5tW5 are
required to
• Select suitable acc￿nting PDlicles and then 8ppiu
them conslstently, and
• observe the rnethods 8nd princip185 In Accounting
and Reporting bu Ch8ritie5. St8tement ot
Rec￿mended Piactlce ISORPI.. and
make judgements and estimates that are
rea5Dnable and prudent, and
state whether applicable accounting standafQs
have been followed, subject to anu m8teri81
departur£$ disclosed ond explained In the financlal
statements, and,
prepare the financial statements on the going
concern basis unl8ss it is ir)appropriate to presume
that the ch8rity wlll continue In t￿sIneSS
The unc8rtalnty withln the global economu due
to the Ukraine war 8nd other glob818v&nts m88nt
that fInar￿18{ markets continue lo be volatlle.
We pursue a b8ianced Investment strategy whlch
hBs helped to mitigate losseg In thls 8rèa Thè
Associatiun has strategies in Fdace to man8gg it5
short-term eash needs 8fKI takes g long-term view
of Its investrnents
Plans for future perlods
In reswnse to the cost of Iivlng Is￿e$, I
Associ8tiun continues to prO￿tiVely revlew Its
•ctivlties to ensurè contir)u$d support to members.
The trustees have reviewed Its risks and ¢oncluEled
that given the charlty's financi81 and operatlonal
positlon, It C8n continue to wpport almshouges now
and for forèseeable future.
rhe trustees are responsble for keeping proper
acEountlnu reEDrds Ihat disclose with rEasonabie
accufacy at any limE the flnancial position of the
charitable corypany and to ensble them to ensure that
the accounts comply with the CompÈnies Act 2006.
They are also responsible for safegu8rding the 8ssets
of the charitable company and hence for taking
reasonable steps for the prevention and detection of
fraud and other IrrEwlarities
I rs
Mr S Llng FCA
Honorary Treasurer
Mr R D H8rtlou Rus$•ll
Chairm8n
r A B•rn•s
Trustee
21

FINANCIAL STATEMENTS
statement of Fln8nclal Actlvltles ISOFAI for uear ended 31 December 2023, Incorpgrgtlng gn
Income and Expendlturg Account.
Not•8 Unr•strlEt•d R••trlct•d Endowm•nt
lunds
fund*
tunds
Tot41
2023
Totll
2022
Incom• and •ndowm•nts Irom..
Gifts, don8tlons and 18g8CI8S
Charltabla èctlvitlos
Investments
Tat•l
122,263
511,126
99,031
6A.700
2.219
189,182
511,126
193,161
893.169
170.428
47,24?
204,860
822,535
94.130
158830
Exp•ndltur• on..
Raisiiig funds
Ch8rit8ble BCtivitie5
Tol•l
178,837
774,111
B92.968
23.098
119.861
142 959
141,935
3,972
1,02S,907
104,796
849.138
9S3.93
N•t l•xp•ndltur•lllncom•
b•lor• Inv••tm•nt g•lnlllo••l
1160,5281
15.871
2,219
1142.43ei
N•t oainlllossl on Inve5tm•nts
320.629
3%.317
193,410
1704 4451
N•1 Incom•ll•xp•n¢Jltur•l
•nd n•t mov•m•nt In lundi
160,101
372,188
195,629
727,918
1835,8441
R•con¢1114tlon or rund•
Total lund balances brought
forward at 1 January
3 272 211
6811996
1857208
11944 415
12 780 259
Fund b•i•nc•• c•rrl•d
t¢rw•rd Al 31 D•c•mb•r
3,432,312
7.187,184
2,052,837
12,872.333
11,91A,415
The comporatlve $18tement ot Financial Actlvities Is shown In Note 13 to th6 accounts
Th8 total Income for CompHnl8s Act purpDse5 excludÉs f2,21912022 £2,311) Income on gTKJowment funds which
1$ an Increase in endowment capital
The accompanying notes form èn intogral part of these Ilnanc181 statements There we M recogni5ed g8in5 and
losses other than those stèted above
All the Income and expenditure Is frorn continuing op8ratlons
22

Balance Sheet
As at 31 December 2023
Not•1
202J
2022
Flxed af8•11
Tangible assets
Investments
12,462
9,159.860
g,172,322
19,$87
S.￿5.147
8,S44,73
Total fixod assèts
Curr•nt •i••t•
Loans to member ch8ritiBs-
Recover8Lle within one year
Recoverable after ty* year
other d?btors
Cash it bènk and In hand
Total current 8sset$
10
510.891
2,766,395
439.726
S11,991
4,228,993
572,906
2,4&5,I93
331.794
S21,712
3,871,995
tr•(Jltors. arrnunts failln¢ dua wlthin one year
17289821
I£722￿1
Not current ass8ts
3,500,011
3.399.681
Total •ss•ts less ctsrrnnt Ilablllt
12,672,333
11.￿4,415
Tot•1 n•t •BB•tB
12 672 333
11944 415
Th• fund• of th• ch•rlty'.
Endowrnent funds
Restrlcted funds
9.10
2,052,837
7,187,104
9,2£0,021
1,851,208
6,814,996
8,672,20
Tot81 restrict8d funds
UnrestrlctOEI funds
Gervèral
Designated.
Investment r￿er¥?
Tormlnal rasarva
Strateoic tAan ￿s￿r¥e
Tot91 unreslrlcteo funols
187P86
344,146
2,4S3,733
460,000
331,493
3 432,312
2,133,104
370.CTh)
424.961
3272 211
Tot•1 ch•ilty fund•
12,672 333
11,9£4.41S
The 8ccompanyiThJ notes form an integr81 p8rt of these fina￿181 statements
T￿ fin8nc181 staterf￿ntS Dn pages 22 to 37 were 8pproved bJ the B08rd on 13 March 2024.
Mr ft D H•rtl•y Rus$dl
Chairman
Mr A B•rn•s
Trustee
The Almshouse Assoclation
Reglstered comp8nu number 04678214
23

FINANCIAL STATEMENTS
statement of Cash Flows
For the year onded 31 D8cember 2023
2023
2022
Clih flow8 from oper•tlnq actlvltl•s
Not cash us•d In op•r•tiw ittiYiti••
C•6h flaws from Inv•illng Ktlvlll•s
Oividands and Interest rrom Investmentg
Purchase of property. plant ar￿ equlpment
Capit81158d addltion5 to inv85tm•nt property
Nuw loans made
Rep8uments of 108ns made
Prcceed5 from sale of invéstmènts
Purchase of Inv8strnents
Il•t ¢••h piovld•d by Invegtlnq •ClI￿tr•&
1175,6241
193,161
204.860
11,0321
115,9851
1777,7671
518,880
1.703,638
I2,329.(￿lI
16946391
517.53B
4.062,939
13.168,7681
922,sgB
An•ly¥l¥ of ch•ThJ•# In n•t cA*h
Ch•ng• In c•sh ind c•*h •oulv•l•nts In th• r•portlno p•rtod
Cash and cash equivalenls at the beginning of the rewrting period
C•*h and ¢•*h •qulv•l•nts •t th• •nd ol th• r•portlng p•rlod
1886,7181
1,492,507
60S789
71E,088
7B7,419
1492 507
R•conclll•tlon ol n•1 Incom• to n•1 cash flow
from 0￿ritIAll •ttlvltl•s
N•t Incom•ll•xp•ndltur•l lor th• r•portlng p•rlod
727,918
IB35.8&£1
Adlustm•nts lor..
Depreciatlon charges
IG8inllloss on Investrnwts
Dividend5 and Interest from Investments
IlnEreaselldeciegse In debtors
Incre9se In creditus
N•t C•Bh ts9od In oporatlno *etlvltl•$
13,806
704,445
1204,8601
52,248
$2 395
12178101
1870,3S61
1107,9321
11756241
An•lysls of c•sh •nd cash equlvalents
CaEh at bank and In hand
C8sh held for Investrn8nt
Tot•1 c•sh •nd ¢ish •qulv•l•nts
511.991
93,798
605 789
S21,712
970,795
1492 507
The A55cKiation doES not thid anu extÈrng1 debt, for thot re8son 8 separate analusis of the change In ret debt
has rnt been prepared

ACCOUNTING POLICIES
1 Accounting policies
The principal accounlir)g policies adopted, iudg8rnents,
and key sources of 8stim8tlon unceitalnty in the
preparation of the financial gtatements are laid out
below
As5es5menl of golng concern
The trustees have assessed whether the use of the
going concern 8ssumption Is approprSate In preparing
these Iinsncial statements. The trustees have made
this assessment In respect of a pericMI of one year
Irom the date of 8pprov81 of these account5
The trustees of the charity have concluded that there
are no rn8terial uncÈrtainties releted to events or
conditions that mau cast significant doubl on the
ability ol the charilu to continue as 8 going concern.
B*sls ol pr•porallon
These financial statements have been prepared for
the year to 31 tkcember 2023 under the h15torical
cost convention with Iterns recognised 8t cost or
Irènsaetion valus unl8SS Otherwisg Stat&d Iri the
relevant accounting Policies below or In the notes.
They have been prepared in accord8nce with
The trustees ère of the oplnlon that the charity will
Accounting and Repurting by Charitles Stalem8nl
have sufficlent resources to meet its Iiebillties as they
of Recommended Prgctice applicable lo chariti89
fall du8 The most 51qnlfic3nt areas of judgement th8t
prep8ring their accounts In Accordance wlth the
allecl Iterns in the financial statefflènls are detailèd
Fin8ncial Repoiting St8nd8rd applicable In the United
8bove With fegaid tD the next accounllng period, the
Kingdom and Republic of Ireland ICh$rities SCrfIP FRS
ear endlng 31 Oecernber 2024, the most significant
1021, the Financial Rewrting Standard applicable In the
ereas that 8ffecl the carrying value ol the assets held
UK and Republic of Ireland IFRS 10218nd the Companies
by the charity ar$ the level of Investment return and
Act 2006 The charity constitutes a public benèflt entity the performance of the Investment markets (see the
as defined by FRS 102 The Iin8nclal slatements are
'Investment policy and pertorm8nce' section ot the
presented in sterling and are rounded to the nearest
Finencial Review 8nd the StatBment ot Risk section or
und
this Annual Report 2023
Crlllcal accountlng e511mate5 and aroas ol
ludogm•nl
Fund accountlng
General unr￿trIcted funds ère 8vallable for usa at the
discretlon of th8 Executive Committee In lurlherance ot
the general obieclive5 of the A550cl8tion.
Preparation of the financial Statements requlres the
trustee5 and management to m£ke significant
Judgements and estlmale5 The current economic
climate remains challenging Il is not r￿sible to
evaluate all the potenli81 implications for the charity's
8Ctivities, beneflciaries, funder5, suppliers and the
wider economy Estimates used in the accounts,
p8rtiEuiarly with respect to the value ot listed
investments and Investment properties Isee Note 61
are subject to 8 greater degree of uncertainty and
volatility. A5 set out In the58 8ccounting PDlicies under
'Assgssm8nt of going conc£rn'. th£ truste95 have
C￿SIdered it 15 appfDpriate for the charitu lo continue
to prepare Its account5 on the going concern b8515.
Designated unrestrlcted funds r8l&te to 8rnounts sat
8sidE by Ihp Board within unrestricted funds for a
particular purpose Details ol these designated reserves
are set out In the financial statements.
Restricted funds are tund5 5ubJect to re5trlctlve
conditions Imposed bu donars or by Ih? nature of the
eppeal. The purpose and use ol the rsstricted funds are
set out in the finarKial staternents
Endowment funds are permanent capital funds where
ther8 is no power to conv8rt Into Income The Income
frorn them is classlfied as Investment Income, and as
unrestricted or restricted depEnding UPDn the terms of
the endowment
The Items In the financial st8ternents where these
judgements and eslimales have been made Include.,
deterrninino the basis for allocating
support costs",
estimating the useful economic life of tangible
fixed 8ssetS, 8nd
determining the v81uation of the investment
propert
Income recognltlon
Income is iecognised In the kEriod In which the
charity ha5 entitlement to the Income 8nd the amount
can be rneasured reliablu and It is probable that the
Income will be received. Incorne 15 deferred only when
25

ACCOUNTING POLICIES I
contlnuedl
the charlty has to fuifii condition5 before becomino
enlilled to it or where the donor or funder has
specifièd that the I￿orne Is to be exp8nded in
future accounting period.
Expenditure and the be$ls for apportlonlng costs
Llabilitie5 are recognised as expenditure as soun as
there is a leg81 or conslructive ubligation committing
the charity to make a payrn8nt to a third p3rty, it 15
probable that a tr8n5fer of economic benefits will
te required In settlement and the amount of the
obligation can be rneasured reli8bly.
Income campris8s (Jonalions and Lea￿leS, subscrip-
tions, Income from serninars, incom& from the s818
of publlc8tions, illterest and inv85trnent Income and
suntjry income.
Expenditure comprisas th8 followlno..
The cost of raising funds includes the salaries,
direct costs and overheads associated with
generating voiLJnt8ry Income, and
The cost5 of charit8bl£ aetivilies comprise
expenditure Dn the charity's primaru charitable
purpDSeS as describgd In the Iruslees, rewrl,
Donations are reccgnised when the charitu h8$
confirmatlon of ￿th the amount and settlement
date. In the event of donations pledged but Th)t
received, the amount is accrued for where the
receipt Is considered probable In the event th81
donation Is subject to condition5 that require a level
of performance before the charitu Is entitled to the
funds, the Incopne Is deferred and not recI￿nIsed
until either those Conditions ar8 fully met, or the
fulfilment of those CDnditions Is wholly wlthin thè
onlrDI of the charitu and it Is probable that those
conditions will be fulfilled In the reporting period.
Grants Payable are Includecj in full In the statement
of fin8ncial activities when approved and when
ltte recipient has either recelved the funds or been
Informed of the dècision to make the grant and has
S8tisfied 811 related conditions.
Allocatlon of support and govorn•nce cost$
Support costs repreg8ril Indlrect cherilable
éxpénditura In order to carry Dut the primary
purp05P5 of th8 ch8ritu it is necessaru to provid•
support In the form of personnel dpv8lopment.
financial procedures. provision ol office services
8nd 8quipment and a ￿lIable working environment
In accordance with the Ch8rilies SORP FRS 102
volunteer lim¥ is not recoanised.
Legacies ore included In the statement ot flnanclal
aclivlties when the charity is entilled to the leg8cy,
the executars have est8biighed thal there are suffi-
cient sur Ju5 a55et5 In the estate lo pay the legacu,
and any conditions attached to the leoacw ère within
the control or the cherlty
Governance cost5 cornprlse thp costs involvlng the
public accountèbllity ol the charlty (including audit
C05tsl and costs in respect to its compliance with
regulation and g￿d practice Support costs and
governance costs 3re apportloned on the basis of
time spent bu Individual staff members on thesè
Incorne from other charltable actlvitles, Including
membership, 58mlnar5 and publications, Is recognised
to thè gxt8nt that it is probable that the economic
benefils wlll flow to the charity and the revenue c8n
be measure¢ reliably It 15 measured at the fair value
of the consideration received or r8ceiv8ble, excluding
any discounts or rebates
T•nglbl• tlx•d 4sset3 and d•pr•clallon
Tangible fixed assets are stated at cost, less
depreciation Deprecistion 15 provided on all
tangible fixed assets, other than freehold land, at
r8les calculalèd to wrilo off the cost, les5 estimated
residual value, of such assets on a straight Line basis
ovei their EXPSCted useful life, as follows.
Freehold buildings - 50 uears
Computers 5 year5
Furniture and equipment - 7 uears
Dividend5 are recognised once the dividend has been
declared and notlficetion has been received of the
dividend du8.
Interèst on funds held on deposit Is Included when
receivgble and the amount can be me85ured reliably
by the charity, this is norm8lly UPDn notification uf
the interest pald or payable bu the bank.
26

L15ted Investments
Cash at bank
Cash at bank and In hand represents such accDunts
and instrumenls that 3re av8ilable on demand or
heve a m8turity ot les5 than three months from the
date of acquisition Deposits for more than three
months but less than one year are disclosed as
short-term dgFosits.
Credltors
Listed investments 8re a form of basic financial
Instrurn8nt ènd ar? Initially recognised 8t their
transactian value and subsequently mpasurEd at
their fair valLJe as at the balance sheet date using
the closing quoted market wice Realised and
unrealised g81ns lor losses) are credited lor debitedl
to the statement ot financial ectivities ID the year In
which theu arise.
Creditors and provi51ons are rECogn￿Se￿ when there
is an obligation at the balance sh8et date as a result
of a past event, it is probable that 8 trall5fer of
economic benefit will be iequiied In settl8monl,
8nd the amount or the selllement can be estimated
reliably CreditDrs and prov15ions are recogn15ed 8t
the amount the charitu anticipates Il will pay to
settle the debt Theu heve b8en dl¥counted to the
present vglue of th8 future cash payment where
such discounting is material.
The charity does not acqulre put optlons, derivatives
or other compiax financial Instrum8nts
As noted above, the maln form ol financial risk fac@d
by the charitu Is that ol volatility In equitu markets
and investment markets due lo wider econornic
CDndition5, the attitude ol investors to investment
r15k, end ch8nges In sentiment concerning equities
ènd within particular 5ector5 or sub 5ectars
Inv•glm•nl prop•rll•s
The investment property is held lor the long-lerm
rental yields and is not occupied by th£ AssCCi8tion.
Investment propèrtiès are Initially measurèd at cost,
InclLJding relatetj transoclion CDSts and whare
applicable, borri)wing costs After initial recognition.
investment prDpertie5 are carried 8t fair v81ue F8ir
value. which h85 been estimated by the trustees. 15
based on recent market prices end takes into account
rental Income ancl current mèrket conditions The
valuatlon forms the tiasls tor the c8rrylng amount In
the financial st£tements Changes In Igir values are
recorded In the Staternent of Financial Actiwties In
the uear In which they arise.
Valu• Added Tax
The Association Is not reglstere(J for VAT purposes
and all costs an¢ expènditure incurrgd ar? inclusive
ot VAT, unless otherwise indic8ted
P•n8lons
The Association contributes to def Ined contribution
schemes for most current ernployees Contributlon5
8re reccgnised In the statement ol financial activities
when they f811 due.
Slock$
No value 15 placed on stwk5 Qf books and puOIic8-
t10n5 held for dlstrlbution or resale. The cost Is
wrltten off in the uear of purchase and sales ore
included In the year of receipt,
Subsequent expendltur8 Is caplt8llsed to the assel'g
carrying amount only when it Is probable that future
8conomic beneflts associateo with the expenditure
will flow to the Association and th$ rest uf th8 Item
can be measured reliably All other repairs and
m21ntenance costs ar8 8xpenseO when incurred.
T•x
Ag 8 charlty. the Association is e¥en)pt from taxation
of Income and gains falling within section 505 of th&
Taxes Act 1988 or section 256 Df the Taxation of
Chargeable Gains Act 1992 to the extpnl that they
8re applied to It5 charitable purpDse5 ND lax charge
hss ar15En during the year.
Oeblois
Debtors are recognised al the settlement amount,
less any provision for non-recoverability. They have
been discounted to the prEsent value of the future
C85h receipt where such d15COUnting 19 material, with
the exception ot loans to member charities As these
loans f811 within the exemption from discounting to
pregent V81ue 8V8ilable to publlc bÉNÈfit Èntities.
these loèns are held at the settlement amount

NOTES TO THE FINANCIAL STATEMENTS
2 Income and endowments from.,
Y•ar •nd•d 31 De¢•mb•r 2023
Unr•$trlct•d
fundi
R•otrfct•d
lunds
Endowrn•nl
fund¥
Total
2023
611t4 don•tlon• •nd l•o•cl•i
Publlc fundralslno
Members. donations
Associate rnembers, subscriptlOll5
other voluntary inCDrne
96,142
8.389
1,780
IS,952
122 263
64.700
160,842
8,389
1.780
2.219
199182
Ch•rlt8bl• •ctlvltl••
Mernbers, subscriptions
Panel members, gjbscriptions
Services to member ch8rities
Conference and seminar fe85
Sales ol Gazette5 and publicatlons
R8nt r8c8ivabie
362,218
13,33S
37.037
83,568
20,310
14.6S8
511,126
362,218
13.335
37.037
63,568
20,310
14,6S8
511126
Inv•stm•nl•
Dlvldends and distrlbutions recefvable
Int8r8s1 receiv8ble
9S,489
3,542
99,031
92,145
1.985
94,130
187,83
S,527
193161
Y••r •nd•d 31 D•c•mb•r 2022
Unr••trlct•d
lund•
R•*trlct•d
funds
Endowment
lundi
Tot•1
2022
Glft¥. don•tlon4 •nd l•ga¢l•i
Publlc fuThlraising
ember5' donations
Associate member¥ Subscriptions
Other voluntaru Income
121,203
9,170
92S
14 £19
145,617
22,500
143,703
9,170
825
170,428
Ch•ilt•bh •ctlvltl•s
8mbérs' subscrlptions
P2nel members. subscriptions
Serwces to mernt￿r charities
Conference and seminar fees
Sales of Gazettes and publl¢ations
Rent recelvable
345,143
12,198
33.722
25.220
18,198
12,766
47247
345,143
33.722
2S,220
18,198
12.766
447.247
Investrnent
Dividends and distributlDn5 fEceiv8ble
Interest receivable
104,270
452
104 722
99.893
2&5
100138
204,163
697
204 860

3 Expendlture on..
Vni•¥trlctqd
fund5
R•strlctid
rund5
Tot•1
2023
Vnrpstrl¢te¢
funds
Restrlcted
lundi
Tot•1
2022
R•l$lnp funds
Slaff costs INote 111
Other direct costs
Investment management
and cu5todu fees
Support cost5 (Note 41
5,972
28,919
5,972
28,919
19,4£1
19,441
6,381
9e1
28.529
55,417
118.837
,098
5fj,627
55.417
1£1,935
20,175
42,465
63,621
16.334
36,509
42,465
104,796
23,098
41,17S
Ch•rltibl• ictlvltl89
Grants rn8de
Stafl casts (Nole 111
other direct costs
Support CDSts (Note <1
54 S90
42.648
22.623
S4,Sg0
328,964
161,37E
349,040
71,835
71,835
26£,232
51,283 168,983
344,088
8£9138
286,316
138,755
349,040
77£ 111
264,2
117,70Q
34£ 088
726020
119 861
123 118
Support costs
Tot81 suppc*t costs and their allacatlon Isee Note 11 were
5t•rr
Olh•r
co4tJ
cogt•
Tot•1
2023
st*fl
oth•r
Tot•1
2022
R8ising funds
25,328
178,420
206 748
27,089
170620
197709
S5,417
349.040
404,457
24,478
198,337
222 815
17.987
2.46S
145,751 344 088
163 738 3116553
2023
2022
The above costs IwlLKIe'
Oepr8ciation
Leoal and prof8s￿on81 c06ts
Auditor'$ remuneration, Including expensès 8rtd VAT, for audltino the financial statem¥DIs'.
13,806
18,128
11,686
5,258
12,294
5 Tanglble flxed assets
Fr••hold Furnltur• &
property
oqulpmerrt
Totol
At l J8nu8ry 20?3
Additions
At 31 D•c•rnb•i 2023
118,372
132.371
250.7&3
4,014
4,014
138385 254 ￿7
118 372
D•pr•cl•llon
At 1 January 2023
Ch8rge for the year
At 31 D•c•mb•r 2023
118,372
112,784
231.156
118 372
123 923 262 295
Nèt book valueB
At 31 December 2022
At 31 D•c•mb•r 2023
19.587
462
19,587
The Executive Committee h45 estimated that the freehold property has a cUr￿nt market value of not less than
£S50,000, taking Into account Informal professional Bdvice and rKevailing local market conditions
29

NOTES TO THE FINANCIAL STATEMENTS
6 Investments
20¥J
2022
Inv•8tmont• Il*ted ¢n • recwnls•d *tock •xch4nq•
arket V8lue on l J8nuar
Add. Addition5 at C05t
Less.. DisWS￿ pfDceeds
Net gainlllossl on revaluation and other movernent5
Market value 8t 31 December
6.854,352
2,329.007
11,703,6381
870 356
8,3￿.077
8,£52.968
3,168,768
14,082,9391
1704 4&51
6,854,352
C••h and ••ttl•m•ntg pondlno
h•ld o• p•rt of th• Inv•stmmt portlollo
970 795
7,825,147
8.413,675
Inv•¥lm•nt prop•rty •t vdu•¢lon
715,98S
?ooooo
Inv•8lm•nt• h•ld
9.159.860
B,525,1I7
Llil•d Inv••tm•nt• •t eolt
7,268,844
7,524,045
Ll*t•d Inv••tm•nlB Iworldwld•l
Equities
ternatives
Fixed Income
C&5h held by brokers fof Inv95trngnt
6,517,963
763,9eg
1,068,126
93,798
8.4£3.8
5,209,026
809,348
835.978
970.795
7,92S,147
The Invastrnent property Is a dwelllng house, wh￿h lorms p8rt or the Assoclatlon's propertu at Blllingbear Lodge
and is let on è long-term ba515 The open market Value for Investment purposes has been estlm8ted by the trustees.
At 31 December 2023, the Investment portfolio Included the followino Investmants whlch repre88nt a materlel
proportiun of the portfolio as a whole.
Kl•rket volu•
X of portlollo
UK Treasury I Index linked 0711212049
Hlt8chi NPV
Waverton Sterling 8ond Fund A
Adv8nced Mlcro Devices
Waverton Global Str8teglc Fund A
Autoliv Inc
Indltsx
18M
30S.671
2S4,331
249.482
248.638
245.715
240,176
239,206
237,396
33I'A
278%
2.72%
271%
2 68'A
282Y.
261Y.
At 31 December 2023 and 2022, the A55ociation w85 the beneficial holder of the whole of the Issued shared capllal1£11
ol Blllinobe8r Enterpr15es Limited, a dorm8nt company.
7 Other Debtors
2023
2022
DBbtors
Prppayments and accrued Incame
325.784
113,9&2
439726
223,585
108,209
331794
30

8 Credltors.. amounts falling due wlthln one uear
2023
2022
Tr•dE creditors
Accfuals
Tax ènd Social Se¢uritu
Ikterred Income
9,664
29,610
11.376
678,332
728.982
174
60,656
10,245
401,139
472 21
BI￿nc• •t
1 J•nu•ry
2023
Amount
Incorn•
b•l•nc• It
InvolE•d In 31 D•c•rnb•r
r•#p•ct ol
2Q23
n•xt u••r
678.332
to Incom•
Oafgrred Income
01.139
1401.1391
678,332
g Funds
Y••r •nd•d 31 O•c•mb•v 2023
Incom•
Exp•ndltur•
In¥Mlm•nt
q•lni 31 O•c•mb•r
•nd Ir•nsl•rs
2023
2023
Endowm•nt fund•
Cl and EJ Melbourne Fund
Sl john'5 Housing A55(￿l￿tiOn Fund
Th8 Almshouse Chrlstma5 Fund
359.135
1,156,250
341.823
1857,208
2,218
36,671
120,975
39q025
1,277.225
377,587
2 052,837
2,219
193,410
R•strlct•d lund•
Held for almshous& Improvement
8nd support generallu
The Alrnshouse AssrKiètion
The Thornas Groves Trust for Almshousgs
2.813,473
372 436
3,21S.909
75,549
414
75,963
1127,B351
30,gJ1
2,822,08B
372 365
3,194,453
1128.3201
30,901
Held for specififjd recipients
or almshouse groups
117,560
Edward Kernp Almshouse Trust
2,578,206
The Ajbilee Cottage5 Trust
92,025
The Craumer London Trust
371,515
The Mfre(J Wilson Charitu for Alm$￿u9es Trust 77.967
The AlrnshwsB Christmas Fund
The Mary loèn Haw18y Fund
117.560
2,8gS.¥J2
91,705
416,745
77,447
57,986
13,2801
13201
15601
15201
19.6391
13201
1142 9591
253,020
8.536
37,2S4
8,290
8,055
158830
360.465
6 814 996
3S,142
03,342
7187184
Unr•atrlcl•d runds
GEneral funds
OesignatEd fund5.
Inv8Stment re50rve
Terminal reserve
strategic plan reserve
344,146
732.420
1799,4801
190,000
1B7.086
2,133,104
370,000
126,961
3,272,211
11.964.415
320,629
90,QOO
2,453,733
460,CQO
331,493
3.132.312
12,672,333
193.1681
1892,9&81
11,035.9071
732,420
893,469
320,629
870,356
Total funds
31

NOTES TO THE FINANCIAL STATEMENTS
9 Funds Icontlnuedl
Year ended 31 D•cemb•r 2022
•l•nc• It
1 l•nuaru
2022
I￿¢m* Expendlture
Inv•stm•nt
g•ln$ and
transfers
31 Decomber
2022
Endowm•nt lund5
Cl 8nd El Plelbourne Fund
st John's Housing Association FuTrJ
The Almshouse Christmas Fund
390,013
1,265.735
374.191
2.029,939
2,311
133,1891
1109,4851
132,3881
1175,OA21
359,135
1,1%,2SO
341.823
1,857,208
R••lrlct•d funds
Held for almshouse Improvement
8nd support gen•r8lly
Thè Almshouse AssoGletlon
Th8 Thomas Groves Trust fcf Almshouse5
2,934,320
372 721
3,307,041
33.638
80
33,718
2,B43,473
372 436
3.215,909
1365
123,3121
Held for Specified reclpienls
or alM5￿U$e groups
117,560
The Edw8rd Kemp Alm5hw5e Trust
2,776,942
The jubilee Cottages Trust
92,325
The Craumer London Trust
396.610
Th8 Alfred Wilson Charity Aimthouses Trust 98.É67
The Almshouse Christm8s Fund
1,595
The M8ry loan Hawieu Fund
38J.927
7.174.467
117,S60
2,578.206
92,025
371.515
77,967
1.349
360,46S
6,814,996
62.219
1228,9841
13001
15401
120.5001
19,1441
13001
1164,2S31
9,181
133,7161
8.898
8,642
12283e
131,8041
Unf•slrl¢t•d fundi
G8ner81 funds
Designated funds.
Investment reserve
TerminAI rÈserve
strateglc plan reserve
378,090
697.586
1731,5301
344,146
2,3&4.691
370,000
83,072
3.57S 953
12,780,259
1211,5871
2,133,10
370.(KJO
24 961
3,272,211
11,9£4 415
697,586
822,535
1789,6411
1953,9341
Tota fund5
1704.4151
Endowm•nt fund•
The incorne of th? CJ ènd El hAelbournE Endowment Fund rnay be us8d for any wrposes that are 'exclu51velu
tharit8bie' and Is, thBrgfor&, classified as unrestricted
The Incomfj of The Almshouse Christma5 Fund 15 to be used to provide gift5 at Christrngs to residents of the
almshouses of member charities and unsp2nt Income 1$ cl8ssified as a restricted fund
The Incotne of the St john's Housing Assoc18tion Endowment Fund may be used for 8ny purposes that ere consistent
with the objects or the dornr. n8mely the accommodation and s¢Jpport of older people.
32

9 Funds Icontfrnv•dl
R•*trtct•d l￿dI
The r•strlcted funds (other th8n unEpent Snccfn8 cf the Christma$ Fundl ¢rmprise lunds heid for almshwse
Imyovement$ and Support Some of thEse funds are heid for Specif￿ r8¢ipièntg or almshouse grtrjps specifled
bu i*)r￿r, os lollows.
Ths T￿M￿S Graves TrLtst tor Almshouses is heid for the bonofit of almshouses and their occupants
The Edward Kemp Almshouse Trust is held lor the rellef of Fersons In hardshlp throuOwut the cwntru with
particular preference for those In Hertford, under the arnended *herne term5 agreed ￿ the Ch8rltu
CNnmis55oners in *Jne 2014
The Jubilee CottBges Trust Is held far the r81ief of poverty In the Cauntu of Suffolk, In parllcular bu bulldlng or
repairlno almshouses, uThlor the terms of a Schem• flThalls8d bu th8 Cheritu Commls*on¢r5 In Aprll 2007.
The Crwmor London Trust Is held for the buildlno or repaIri￿ of almihouEaS In Wlltshlr•, under term8 of I
Will of Maru Evelyn London dated 28 Augu811992.
Th8 Alfred Wilson Ch&rltu fcf Alrnshwses Trust Is held lor the rellef of pmrtu In the ceuntl8s of Lanc8shli• and
West Yorkshire, in parliculer by buildirva or repairing 8lmshouse5, under the terms of a Sctteme findlised bu tho
Cheritu Ccfnmissioners In Decemter 2008.
T￿ Mary loan Hawleu Fund15 hBld fcf the tenefil of alm5hwse charities c￿nected with the Ch¢Jch ol Enoland.
Unr••trlct•d lund•
Unreslrlcted lunds gre available for 8nu purpose appropri•te to the A58crbtion'8 charltablè oblgets.
Th• 80ord has deslgn8ted a sum of £2.4S3.733 to bo set asld• withln unrestMcte(J fvnds for Inv8Strnent to g8n8rat¢
dividend Income lo subsidlse member subscriptlons, a sum of £460,000 to cover the cost of anu Ilabllitle5 arlslng in
the event ol the termlnollon of actlvltles and o sum of £331,£93 as the Strat4lc pL8M ieserve.
33

NOTES TO THE FINANCIAL STATEMENTS
10 AnBIy51s of net assets by fund
Y•ar •nd•d 31 O•c•mb•r 2023
Unr•strlct•d fundi
G•n•r•l
D•glgn•ted
R•8trlet•d
lunds
Endowmènt
fund•
Total
fundi
Tangible fixed assets
Investm8r)ts
Cash and dop051ts
Loans to memb8r charltlgs (see beiowl
oth8r current 8SSets
(excluding loènsl, less liobllities
12,462
112.06
391,583
12,162
9.159,860
511,991
3,277,276
3,24S,226
3,777.840
120,408
3.271,276
l,9￿,TJO
13590231
187,086
11.660
7187,181.
58,107
2,05E.837
1289 2561
12.672.333
3,245,226
Unrealised oains included above
28,163
843,335
748,921
395,£36
1,815,855
Y••r •nd•d 31 O•c•mb•r 2022
Unr•Btrlct•d fundi
O•n•r•l
D•ilgn•t•d
R•5trlct•d
lsJnd•
Endowm•nt
fund•
Totil
fund•
Tangible flyed asséts
Investments
Cash and dew61ts
Loans to m8mbor charitles Isee belowl
Olher current a55ets
19,587
2&7500
347,9SI
19,S87
8,525,147
521.712
3.018,389
2,928.065
3,50t,017
173,761
3,018,389
1,848,565
12708921
3£4 IL6
121,829
6814 996
8.643
1857208
1140.4201
11944 115
2928 065
Unrea115ed g8lns Included above
2734S
323S13
386816
204 242
941916
The tot81 unr8alised gains a5 at 31 Dac$mber 2023
constitute movement5 on revaluation and are as follows
2023
2022
Unr••ll•ed g•lni Includ•d •bov•
On Investmenls
On Investment property
Total uhr•alls•d a*in# It 31 D•c•mb•i
1,175,041
640,81
1.815,855
301,102
640.814
941916
R•¢onclllgtlon of movarn8ntg In unw•allsod galns
Unrealised gains at l January
Less.. in respect to di5P05a15 in the year
941,916
3,583
945 499
870,356
1,815,855
2,￿9,&84
1883,1231
18&6,361
1704,&4SI
941916
Add.. net ualnlllDssI arislng on revaluation during the year
Total unr••ll*•d g•lns At 31 Doc•mber
34

10 Analysls of net assets by f und IcDntlnu•dl
Lo8ns to ff￿rnber charlties bu..
Th•
Almshous•
Aisoclatlon
Ih• Thpm•s
Orov•% Trust
for Almihou8•s
Th? Edward
K•mp
Alm*houies Trust
other
Fundg
Tol•l
At 1 laDuaru 2023
Loans made
L08ns repaid
At 31 Oecember 2023
2,110,261
621.S27
396.1581
2.335,630
78,436
7e,75D
125,6721
131,514
755,038
77.490
182,1401
7SO,388
74,654
3,018.389
777.767
1518,8601
3.277,276
114,9101
59.744
Due withln one yeor
390,991
11.298
93,802
14,800
S10.881
Commltmenls
The AssoclatlDn was, at 31 December 2023. commilled lo make available to the trustees of rnember Blmshouge
ch8riti2s loans of E&03,2a12022.. E339,3281
11 Employees and employe• costs
2023
2022
Salari8s
Sociel securitu costs
Emplouer s pension contributions
455,661
39,793
39,362
534,816
21,517
39.￿4
36.909
497,680
Full-llme equivalent nurnb8r of emplou88S
9.9
The a￿¥￿ costs wpre allEtatod to.
Numb•r
Employ•• c04t•
2023
2022
2023
2022
R8lslno lunds
Costs of ch8ril8ble acllwlles
Support costs
03
S,972
328,964
199,880
S3{ 816
264,232
214,007
497680
3.7
97
An 8veraoe of 13 I2022..121 persons were 8mplDyed during the year Onè had remuneratlon In the range £90,000 Io
100,00012022.. £90,000 to £100,000 onel In the year, and the Association contributed £9.71612022. £9,291) toward5
pension scherre lor that emplouee The trusteEs do not rEceive 8ny remuner8tion.
Th2 totzl cost Df Ernplouing key rn8n8gErnent in thE PEriod 8mOUntEd to £223,38312022 f233,61SI Keu m8nagernent
rwneration Is approved bu the 808rd uf Trustees.
Travel expenses for meetlngs of 11.84912022.. £5301 were re1m￿rsed to thre812022. twol truslees.
P•nslon fund contrlbutlons
All current employees are eligible to loin the Association's defIn￿ contribution scheme, and contributions are
accounted tor when paid.
35

NOTES TO THE FINANCIAL STATEMENTS
12 Related Partles
Durino 2023. five12022.. fourl trustees of t￿ Associeticn were 8150 tru5te8s of The Leonard Hackett Mwnorlal Trust,
which acted 89 soi8 tru5t£e of one12022 one) rnernbBr 8lm5house charity This charity had 108ns 8nd other advances
rrom the Assoclatlon. as follow5.
2023
2022
The Charlty of Edmund S¥wyèr12287981
27.897
The n8rne5 af the directors of The Leon8rd Hackett k4emori81 Trust, who are ell 81s0 members of the Executive
Commlttee. we Ilsted m the Inside cover of this Annual ￿e￿rt
At the end of the Year The Leonard Hackett Mernori81 Trust had an tyJtst8rtino @dv8nce of É27.03612022.. É24,1281.
The Assoclatlon prcwided menaoement services to Leonard Hxkett Memuri81 frust and The Cherily ol Edm¢Jnd
Sewuer Ourlna the yeor the Assoclatlon ch8rged É2,88012022.. £2,736) to these eh8rSti8s towards Its 8dmlnistr8tion
costs.
Members ol the Board of Trustees are conD8¢ted with membÈf almshous• charltles, bul do TrJt pèrlicipale In
decisions concerning those charities
Jrlng the uear, the Associatlon paid £2,099 hi reswct of Charlty Trustee Assurance12022.. £2,9231.
r A Sedgwick Is a trustee of the Ladu Anne Wlndsor ChÈrlty whlch has an Interegt-rree loan from the Assoclation
amc)LJnting to É10,50QI2￿a. 114,7001.

13 Compar•tlv• Staternont of Flnanclal Actlvltl•s ISOFAI
st&t•m•nt ot Flnanclal Actlvltl•i ISOFAI lor y••r •nd•d 310•c•mb•r 2022,
Incorpur•llng •n Incom• and Exp•ndltur• A¢count
Not•¥
Unr••trtct•d
fvnds
R••trlct•+J
rund
End¢wm•nl
funds
Tot•1
2022
Incom• Ind •n¢Jowm•nl• Ir¢m'.
Gitts, donations end legacies
CttBritgble activities
Inve5tment5
Total
145,617
IA7,247
101,722
697586
22,500
2,311
170.428
447,2£7
201,960
822.535
1aa.178
122.638
Exp•ndltur• on..
rialslng funtjs
Charltable actlvllles
Tatil
63,621
726,020
789.641
41,1
123,118
16&.293
104.796
849.138
953.93£
M•1 l•xp•ndllur•lllncom•
b•lor• Inv•itm•nt lo*•
I92￿55)
141,6551
2,311
1131,3991
Net 1055 on Investments
1211,5871
1317,8161
1175,0421
1704.4451
N•t mov•m•nt In fiJnd•
1303,6QI
1359,4711
1172.n11 1835,8441
R•¢onclll•tlon ol fund•
Tot81 tund b814nces brought
lorword at 1 lanuaru
3,575,8S3
7.174.467
2,029,939 12.780.259
Fund b•l•nc•• ￿rrI•0
lorw•rd It 31 D•c•mts•r
3.272,211
6,614,996
1,851,208
11.91A,415
37

AUDITOR'S REPORT
Independent audltor's report to the members of The Almshouse Assoclatlon
Oplnlon
We have audlted the flnanclal statements ot The Almshous• Assocl•tlon Ith•'ch•rltabie CDmp•nu'l fDr th•
y••i •nd•d 31 D4camb•r 2023 whlch compFls0 6tat•m•nt af Ilnahclll *etlvltl•$, the b•lonce sh••t, •nd
It4t•ment of c•sh Ilows, the prlnclpal accountlng pollcl•s 4nd th• noles to th• flnan¢l•l gtat•m•Thts.
Th• fln•ncl41 r•portlng framework th&t hos baen appll•d In th•lr pi•p•ratlon Is *ppllcgbl• l•w •nd Unit•d
Klnodom Accounllng St•nd•rd*, Includlng Flnancl81 Reportlng St4nderd 102 'The Fln•nclol Repoitlng Stand•rd
appllcabl• In th• UK And R•publlc ol Ir•l•Thd' Iunlted Klngdom G•n•r4lly A¢c•pl•d Actountlnq PrACtlcg1.
In our oplnlon. th• flnancl•l it•t•m•ntJ'. • olv• • tfU• •nd t•lr vlew of th• st•t• ol th• Chir1t•b￿ company,
•llqlr9 as •t 31 D•c•mb•r 2023 •nd ol Its Incomi and •xp•ndllur• for th• y••1 th•n •nd•d,. • h•v• b••n prop•rty
prepared In accordonc• wlth Unlt•d Klnodom G•n•r•lly Accepted Accountlw Practlc•', •nd • ha￿ b••n pr•yr•d
In •ccord•nc• wlth th• r•oulrom•nts ol th• Comp•nl•i Act 2006.
Bas15 for oplnlon
We corKlucted our audit in accurdance with Int￿natiOnal
stand8rd5 on Audlting IUk<l (ISA5 IUKII and applic8bi8 law.
Our rBsponsibilltlgs under IhDse standèids arÈ furtli8r
described In the 8Udltor's responslbillties for the e¢Jdlt ol
the finaKial 5tatement5 section of I￿r rekvjrt. We are
Independent of the ch8rltable company In 8ccordance
th the ethical rÈqulrements that ere reiev8nt to (xjr
8udit of the financlal ststerr*nls In U<, Includi
the FRC'S Ethlc815tandard, ano wa hgvo fulfilled Lxjr
other ethica resrAJnsibilities in 8ccud8nce with these
iequlrerrnnts. We beliewe that 8udlt ￿lderts we
have obtain8d Is *Jfficient and 8pprow8te to Lyowde
b2sis for our opinion
Concluslong relollng ID golng conc•rn
In audlting th8 fin8ncl815tatement5. we h8ve concludgd
that the trustees, use of the gDifo CDncern basis Df
accountiw In the preparation of the financial statements
Is 8pwopri8te.
Our r8sFonsibilitu is to rg8(J the other Informoticn aThJ,
in doirvJ so, consider whether the other information is
m8teri8llu *consistent wlth the financial statements,
or our kn￿￿edge Dbt8ined In course of the 8udit or
otherwlse 8ppe8rs tD be mllterially misslated If w8
identifu such material incons15teKies or epparent
matgrial misstatements, we are required to deteimin
whether this gives rise to 8 rnaterial mi55taternÉnt In
the financial stat8m&nts themsdves If, based on the
work we have psrformed, we conclude that there Is
m8teri81 misst8tement of this other Infomati(n, we &re
requ1￿￿ to report th81 fact.
We have nothlng to report In thls reg8rd.
Oplnlons on olh•r m4tt•rs pr•i¢rlb•d bu the
Companl•s Act 2006
In OLY opinion. based ￿ the work urthrt8ken In t
course or the audit.
the Inform@tion given In the trusteès, rewr( whictt
Is also the dir8Ctors' ieput foi the purposes of
comrAny18w. for thè flnancl81 ue8r lor whlch t
rina￿l81 Stat￿entS we prep8red15 CUfjSlStent wlth
the financlal staterr*nts, and
the trust￿. report, whKh Is also the dir8Ctor¥ retKXt
for the purwses Df comp8ny law. has been pre￿red
in accordance with applicable legal requir&mgnts
M•tlers on whlch w* ar• r•qulred to reporl bu
•xc•pllon
In the light rjr the knowledge and uT*erstgnding ol the
charitable companu and Its envirchiment obtaln8d In ttr
c￿jrSe of the audit, we have nut Identified material
misstatements In the truste•¥ rewrt We heve nothirvJ
to rewrt In re5PPIt ol the folbwng matter5 In relati
to which the Coryanies Ad 2006 r8quire5 US to repDrt to
you if, in our opinion.
adequate accounting r&rortts have not been kept, or
turns adequete for our 8uiJIt have rKrt been recolved
from branche5 not ¥i￿ted W us, or
the financlal statErrEnts are not in 8greernent with
the acc(￿ntIng reccfds an¢J returns, or
certain dlsclosures of trustee5' remunWat￿X SFecified
by law are t￿t mode, or
Based on the work we he￿ performed, we have not
identifled èw matenal uncerteintles relgtinll to 2vents
or c￿dIt￿n5 that, Individu811y or Coll￿tIVely, m8y Cast
S1￿1t1¢8Tht doubt on the ch8rit8bie company's 8È41ity
to C£￿tInUe as 8 goiw concern for a perrmy of at least
twelve months from when the fin8nclal 5tgtements
aro authorised for issue Our reswn51￿11tles and the
rswnsibilities of the trustees with respect to going
concern are described In the r8levant 5￿tIOnS of thls
report
oth•r Inlorm•tlon
The at￿r Information comprises the inforrnation
InclLKJ8d In the annual repurt and financial steterwts,
other than the financial staternents and our auditry'g
report thereon.
The trustees Bre re5wnslble for the oth8r intorm8tion
Contain￿ wthin the annijal reFort and financial
statements. Our oplnbn on the financial statements
does not cover the other InformatlON and. except to the
extent otherwise explicitly staled In our re￿rt. we do
mt exwess enu frxm of aSstJrar￿e cmcLusicn thereon
38

we have mt received all the Irifomatlon ar
@xFAanation5 we reywire for our 8udit,. or
the ttustEes were nol entitled to prepare the
financial statements In acwdance wlth the srnail
corrp8nies regi￿ and take 8dvant8ge or the sma
companie5, exemptions in preparirKJ the trust￿5,
re￿)rt and from the reqUi￿r￿t to wepart
strategic r8rk)rt.
R•sponslbSlltles of tiustee•
As è¥08ined rrnre t￿lY In trusteas, r9swnsiblllt￿s
st£ternent, the trustees Iwm are also the directors of
the charilabie CLwny for the wrp)ses or compan
18wI are responsible for the ryeparatlLkn uf the flr)anci81
statements lor being satisfied that they give
true and fair view, for such Internal control as
the trust￿ deterrnm Is wessaru to enoble th8
prEpaf8tion of finor*lal stbterThynt5 that 8re fr88 frLYn
m8terlg1 misst&temgnt. wtr*ther due ta fra￿ N effor
and regulatlon r8mained alert thruughout our audit to
any Indications of ncm-compli8r)ce, with areas of histhest
risk comrnunicated to ail rrÉmber5 Ot the *Jdit team.
The charit8bie company is to laws and
regu12tions directlu affectiw thÈ financial 5taterr*ntg
includiro financl81 reporting legislat￿￿ arvj taxation
ieo151ation whkh we a95es5ed comFliance wth as part
of our review of re18ted flnanc181 st8tement Iterns
This Includes the Chgritie8 Act 2011 entj Cumpanie5 Act
2006 as rerÈreT￿ed abave. Other laws and regu18tions
of whlch compll£nce was consldered hioher rlsk la$
n-compliance C￿1￿ lead to m8terial misstatement
of the financial statements) Included anti-L*lLEr¥
reoul8tions, ¢mploument law, ￿1th ond safety
legi48t￿n 8nd (Jata protectlon r8gulatlons.
We ronsky8r￿ 8re85 wthlch could be rrwjst susceptible
to freud ￿ misstatement, wh￿h Include(I the use of
iourn81s and 5U5kEnse account5, rn￿agen￿nt o¥Èrride
of controls and our wryk has been per1￿Med to
EnwrE that these 3re8s have been tested on a samplo
b9￿5. including the use Df data andutics to review for
unusual Iransactkms
h yeparlng the financi81 ststemonts. the trustees ere
leSkK11151ble for assessiro the charitHLAe company's
èbility to continue 05 a aoino CO￿￿n. disclosino a5
Applica￿e, matters rolated to goiro concern and usiry
the guiw concern basis of accounling unless the
trustee5 either InteThl to liquidate tIE charitable
company or to ceas$ 0￿ratIons, cr have no reallstlc
alternative to do 50.
Owing lo the Inhwent Iimit8llons of an 8udit, ttterels
on ungvoidabie risk that we may not have detect8d
malgnal misstatement within the fin8nci81 statements
while pertormino ow au(Jit In 8ccordarKe with applicable
audit standards. Irregularltles may InwJlve 8 colluSlLn.
fugery, Intention81 omis510n5, MI5repr￿entatiOn$, or
o¥prride of InternBI controls. We are mt reS￿nSIbLe fL
prwenting non-compliance cannot expected to
detect non-compliance with 811 lows and regulations.
Audltor's responslbllltl•s lor th• audlt of the
flnanclal $1•t•m•nls
Our obl8ctl￿S are to obtain re850n&bie asswgnc8
aboLrt whether the tlngnciei statements as a whde
are free from mAterial misstètèment, whetk*r due
to frauEI or Erro*, and t01s￿e an auditor's report that
IncILQ￿ opsnion ReasonatAe assurance 15 è high
Ivwel of 85surance but Is not 8 guarantee that an wdlt
conducted In acciydance with IS4s IUI<I will olwtys
dEtect a material misstatement Wh￿ Il oxists.
A furth8r d¥srrlptth of our r￿p)nsI￿.11tle5 Is 8v&ilabie
on the Flnancial Reportinq CouKil'5 website 8t
www.frc.org.ukl•udltorsre$ponslbllltl•8
Thig description ftjrms part of our wditor s rewrt.
Us• of our r•port
Thls ￿￿rt Is made solelu to the charit8trAe comp8nu s
members, as 8 trndy, In aCCordar￿0 with Chapter 3 of
Pert 16 or the Companles Act 2WE. Our OLKJIt work has
b*n und$rt8ken so that we rn￿ht st8te to the charlta
ccrnpany s memtrErs those matters we are requlred to
slate lo them In an audit￿.$ rerA)rt 8r¥J for M other
purpose To the fullest extent permitted by law, we do
not 8ccept or 8ssurTrè reswnsibility lo Bnuone other than
th@ charitable compafjy and th& charitable company's
member5 as 8 bDdy, for our aLhlit work, fix this repcrt
or for the cpinions we have forry
Misstètements con adse from fi•A or e￿or 8rg
considered material If Individu811y or In the agureuote,
they could reasonably ￿ e¥￿t￿ to Influence the
8cory)mlc decisws of users tsken en the tsa￿S ol
these fInar￿la1 statefftnts
Irr£gul8rities, includiw froud, ar8 Inst8Kes cf
ThJn-compliÈnto with 18ws and regulations. We
design pr￿edureS In line with our respunsibilltles,
outline(J above. to detect material mlsslat•mènts In
reswct of irregulgritie5, including fr8ud The extent to
which procedure5 are capatle of (Jgtecting
Irreoul8Mties, I￿lUdIng fr8ud Is Iyetaliaj telow.
We identified area5 of laws and regulations thet could
re850n8bly be expected to have a matEri81 effect on
the finarrial state￿ntS lor charltable companies
operatiw within th15 sector, through our own eXPEn-
once as well as through discussion wlth manag8rn￿t
and those ch8rged with governvnEe ond Inspection
of regulatory legal correspondence. We rwiewed
cies and procedures r£garding comp118nce with 18WS
Edward Fln¢h Isenior St8tuEory Auditorl
and on beh81f of Buzz8COtt LLP, Statutory A￿d￿Or
130 wor￿ Street. London EC2V 6DL
39