## **Charity Commission**
## **Trustees Annual report for the period 01 January 2021 to 31 December 2021**
## **Nicholl & Daniel Homes Charity no 249197**
Charity Principal Address 35 Northumberland Road New Barnet Herts EN5 1EA **Names of the trustees** Councillor Sachin Rajput Chairman appointed by London Borough of Barnet Councillor Golnara Bokaei Chairman appointed by London Borough of Barnet Ann Saunders Tom Durkin Hon Treasurer Councillor John Hart appointed by London Borough of Barnet Denise McLoughlin appointed by London Borough of Barnet Bill Nicholson appointed by London Borough of Barnet
## **Structure governance and management**
The charity operates under a Trust Deed and is managed by a 9 person Board of Trustees 5 of which are appointed by London Borough of Barnet and up to 4 are Co-optative volunteers. During 2021 there were only 2 Co-optative trustees as in the previous year 2 trustees died and due to Covid restrictions no new trustees were recruited.
Councillor Rajput was chairman from January 2021 to February 2021 with Councillor Bokaei taking over from the February meeting.
## **Structure governance and management**
The Board is supported by Managing Agents who provide professional services and advice in the management of 16 Alms-houses situated in Hendon NW4 and Mill Hill NW7 both areas in the London Borough of Barnet. For the first 6 months of 2021 Fyfield Glyn of Edgware Middlesex were the agents but due to difficulties in their management of the properties in June 2021 a new agent was appointed. Tant Building Management of Barnet Hertfordshire a local firm took responsibility for property management.
## **Objectives and activities**
The objective of the charity is the maintenance and management of alms-house accommodation for elderly persons. 16 units are made available for homeless persons over the age of 50 years living in the area of benefit. 6 of the units are in Mill hill London NW7 and applicants must reside in that area.
10 units are in Hendon London NW4 and residents must live in the area previously known as the Borough of Hendon. Both areas are now part of the wider London Borough of Barnet and if there are no applicants from the specific areas applicants from within the London Borough can be considered.
The charity provides accommodation to alleviate the specific homeless needs of elderly poor persons. The charity has no other purpose and has no grant making powers.
No staff are employed and no volunteers are appointed to provide services of any nature.
**All applicants are required to complete a comprehensive application form ,are vetted by the Managing Agents and interviewed by the full Board of Trustees at special meetings prior to the five ordinary meetings held during the year.**
**Managing agents attend are submit reports to each ordinary meeting on the management of the properties the financial status of each resident. They also report on any major issues arising in respect to maintenance of the listed buildings and provide technical and financial advice to assist the trustees in determining courses of action as necessary.**
## **Activity and achievements**
**During 2020 two residents died and because of the Covid pandemic the charity was not able to relet the accommodation. In 2020 Fyfield Glyn closed its local office and effectively withdrew from providing services. Visits to residents stopped and as the office was closed residents were unable to pay weekly charges and arrears mounted. Fyfield Glyn were negligent in not informing the charity of either of these defaults other than in telephone meetings and later by Zoom in late 2020. The company also lost a major contract to which Nicholl & Daniel properties were allied and staff were transferred under TUPE rules. Difficulties ensued in separating the two entities.**
**In 2021 the difficulties continued and the trustees resolved to cancel the contract due to poor service and appointed a local firm Tant Building Management to retrieve the operation. In 2021 Tant BM have undertaken direct collection of weekly charges and reduction of arrears by making individual arrangements with residents. Two further residents have died and one disappeared leaving a substantial sums uncollectable. Also a car ran into an end alms-house and rendered it unusable for some months creating a void position. It has been necessary to write off some of the outstanding arrears arising from the deaths and because of the vacancies reduce anticipated income by voids. Receipts in 2021 were well below what should have been collectable but fortunately expenses were not substantial. Nevertheless the result was a deficit.**
## **Financial Review**
**Until 2019 the charity had been able to set aside any surpluses arising and add these to investments as reserves for major work in future years.**
**In 2020 and 2021 deficits rather than surpluses arose but these were containable without recourse to drawing on investment funds. It is beneficial that no significant expenditures were planned during the pandemic years so investments were able to grow.**
**By tackling the arrears position left by the previous agents Tant BM are slowly reducing the values outstanding and they are active in trying to improve the lettings position although this is proving difficult as there appears to be few applicants not withstanding approaches made to Homeless Action in Barnet ( HAB) churches and other institutions for recommendations.**
**The charity is fully dependent on the weekly charges from residents with marginal income arising from some cash minor deposits. Investments are held with Blackrock and are self-accumulating.**
## **Declaration**
The trustees declare that they have approved the trustees report above.
Tom Durkin Hon Treasurer
## **Registered no 249197**
## **Management Account as at 31 December 2021**
|Voids
Arrears W/o
Received
Arrears c/f
Premises
FG
Repairs mino
1,202.40
Repairs Majo
0.00
Cleaning
1,113.00
Windows
146.88
Gardens
385.00
Health&Safety
Insurance clai 3,249.60
Insurance
2,443.56
Other
240.00
Car crash
540.00
Council Tax
342.99
Gas/Electricity
Admin
Xmas/Hospitality
Bank charges
55.07
Fees
16,456.89
26,175.39
Managing Agent
Deficit b/d
Balance c/f|Voids
Arrears W/o
Received
Arrears c/f
Premises
FG
Repairs mino
1,202.40
Repairs Majo
0.00
Cleaning
1,113.00
Windows
146.88
Gardens
385.00
Health&Safety
Insurance clai 3,249.60
Insurance
2,443.56
Other
240.00
Car crash
540.00
Council Tax
342.99
Gas/Electricity
Admin
Xmas/Hospitality
Bank charges
55.07
Fees
16,456.89
26,175.39
Managing Agent
Deficit b/d
Balance c/f|£
18,902.00
8,206.27
53,446.50
20,313.58|Arrears b/f
Contributions due
Total
Received
4,296.10 Insurance claim
18,065.00
2,703.00
394.08
1,105.00
185.00
3,249.60
2,443.56
240.00
540.00
3,394.54
638.72
176.75
459.00
55.07
23,204.99
61,150.41
Deficit c/d
61,150.41
Balance b/f
From Fyfield Glyn|£
22,148.35
78,720.00|
|---|---|---|---|---|
|||£100,868.35||£100,868.35|
|||£
Tant BM
3,093.70
18,065.00
1,590.00
247.20
720.00
185.00
3,051.55
638.72
176.75
459.00
0.00
6,748.10||£
53,446.50
3,149.60|
|||||56,596.10
4,554.31|
||26,175.39|34,975.02|||
|||28,226.92
£
4,554.31
3,848.31|||
|||||61,150.41|
|||||£
2,632.03
5,770.59|
|||8,402.62||8,402.62|
## **Nicholl & Daniel Homes Registered no 249197**
Reveue Account 2021
|Premises costs
Void costs
Management expenses
Almshouse Association fees
Administration
Christmas
Charinco re-investment
Surplus c/d
Accumulated Fund
Balance c/fwd
Perrmanent Endowment
Balance c/fwd
Balance sheet as at 31 12 2021
Accumulated Fund
Investments|£
£
32,790.34 Contributions receive
53,446.50
4,573.26
23,204.99 Interest
246.00 Perm Endowment/C
242.91
763.82 Deposit Account
0.76
459.00 Insurance claim
3,149.60
62,037.41 Transfer from FG
5,879.59
4,815.33 Charinco
4,815.33
681.95
£67,534.69
£67,534.69
£
£
Balance b/fwd
14,776.18
Surplus b/d
681.95
15,458.13
£15,458.13
£15,458.13
£
£
80,000.00 Balance b/fwd
80,000.00
£80,000.00
£80,000.00
£
£
15,458.13 Permanent Endowme
80,000.00
Charinco/inc shares
85,469.08
244,359.79 Charinco ERF
74,716.00
Coif/NSB
4,174.71
Deposit Account
7,594.45
Current Account
4,015.37
Managing agents.
3,848.31
£259,817.92
£259,817.92|
|---|---|
T Durkin Hon Treasurer 15 June 2022
##