## **Trustees' Annual Report for the period** ## **From** Period start date **To** Period end date **Day 01 Month 04 Year 2021** **Day 31 Month 03 Year 2022** Section A Reference and administration details **AOAC** October 2021 1 ## **Charity name** Mrs Anne Owens Almshouse **Other names charity is known by** Anne Owens Almshouse Charity ## **Registered charity number (if any)** 251253 **AOAC** October 2021 2 **Charity's principal address** Tarren, Brynhyfryd Road. ## Tywyn ## Gwynedd **Postcode LL36 9HG** ## **Names of the charity trustees who manage the charity** **Trustee name Office (if any) Dates acted if not for whole year Name of person (or body) entitled to appoint trustee (if any)** **AOAC** October 2021 3 1 Richard Vaughan Chairman Body of Trustees 2 Anne Lloyd- Jones 3 John Gray - Jones 4 Linda Kelly 5 Gwenda Roberts **AOAC** October 2021 4 Geraint Owen Catherine Evans AOAC October 2021 io li 12 13 14 AOAC October 2021 15 16 17 18 19 AOAC October 2021 20 **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **AOAC** October 2021 8 ## **Names and addresses of advisers (Optional information)** ## **Type of adviser Name Address** ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Type of governing document (eg. trust deed, constitution) Unincorporated How the charity is constituted (eg. trust, association, company) Trust Trustee selection methods (eg. appointed by, elected by) **AOAC** October 2021 9 Appointed by Trustees **Additional governance issues (Optional information)** You **may choose** to include additional information, where relevant, about: - policies and procedures adopted for the induction and training of trustees; - the charity’s organisational structure and any wider network with which the charity works; - relationship with any related parties; - trustees’ consideration of major risks and the system and procedures to manage them. - The Charity is governed by a body of seven Trustees. The Trustees use an Agent Mrs B E Vasey- Martindale MBPsS MBACB (Accredited) to act has their Clerk/ Secretary and undertake all day to day Administration, Financial and Social Care activities. The Trustees at regular Trustee Meetings have the final decisions on major transactions including the Appointment of Residents and their Social and Medical Care, Building repairs and selection of Contractors for maintenance, replacements and renewals. The Accounts are checked each year by an Independent Person, E W Owen & Co, Dolgellau carried out this task. ## **Section C Objectives and activities** ## **Summary of the objects of the charity set out in its governing document** To provide subsidised housing for people in need. With a preference being given to Single Women residing in Tywyn’ ## **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** The Anne Owens Almshouse Charity is a member of the Almshouse Association and complies with their Standards of Almshouse Management and Ethical requirements. The Charity complies with the Human Rights Act 1998 and fulfils the provision of providing subsidised housing. The Charity owns eight properties and all of these are currently occupied by eight single women who are on low income. All eight one bedroom houses are on Frankwell Street, Tywyn. LL36 9EP. ## **Additional details of objectives and activities (Optional information)** You **may choose** to include further statements, where relevant, about: - policy on grantmaking; - policy programme related investment; **AOAC** October 2021 10  contribution made by volunteers. ## Section D Achievements and performance **AOAC** October 2021 11 Section D Achievements and performance **Summary of the main achievements of the charity during the year** The Charity owns eight single bedroom houses to provided subsidised housing for people in need. During 2021 – 2022 Accounting Period the Charity was successful in its aims by providing housing for eight woman from the area of Tywyn who are on low income. It is the responsibility of the Trustees of the Almshouse to keep each property in good working order, this is an ongoing project. Small building repairs were made on all the eight properties during this accountancy period. Plumbing repairs have been carried out where necessary and all properties have current annual British Gas Home Serve 2 contracts which include the Landlords certificates. Electrical surveys were carried by ‘Phil Pugh Electrical’ on all the properties, any repairs and renewals of equipment were made so the Electrical Certificates could be issued. Planned major repairs of the external rear walls and guttering of properties 4-9 Frankwell Street were not able to be carried out during 2021- 2022. Due to Builders back log of work due the Covid19 pandemic, due also to the weather which was either too hot or too wet The budget for these repairs as been carried forward to the next financial period. The Trustees have agreed to reduce the British Gas Homecare Four – Boiler, controls and central heating cover including an annual service, plus repairs to plumbing, drains and home electrics, due to the price increases. British Gas two is now in operation which covers Boiler, controls and central heating cover including an annual service. The polices are due for renewal November 2022. **AOAC** October 2021 12 Section D Achievements and performance ## **Section E Financial review** **AOAC** October 2021 13 Reserves are invested in the M& G Charity Multi Asset Fund **Brief statement of the** Accumulation Units, withdrawals are only made every few years **charity’s policy on** for major renovations or emergencies from this investment **reserves** account. WMC’s are paid by the residents on a monthly basis, currently at £312, these contributions include water and sewerage rates, reduced Television Licenses £7.50 for those working less than 15 hours a week and free for residents over 75. The Contributions received from the residents are carefully managed so they can cover any routine annual repairs and renewals, Administration costs including the Agent’s fees, Accountancy and Building Insurance premiums, upkeep of the Community Garden and Health and Safety costs. The Residents are required to cover their own house contents insurance and the internal decoration of their homes. In 2014 the Charity received an interest free loan for ten years for the sum of £40,000 plus £4000 administration fee, from the Almshouse Association. This loan was to assist the Anne Owens Charity to purchase another Almshouse. The Charity owned numbers 5-9 Frankwell Street, and have a Community Garden for the residents at the rear of the properties. The owner of **Details of any funds** number 4 Frankwell Street had a right of access through the **materially in deficit** garden to the rear of her property. The owner was a young person and with her friends and dog regularly caused problems for the residents with anti social behaviour including noise and smoking. So when she decided to sell the property, the Trustees felt it was in the residents’ best interest to purchase the house and add it to their Almshouse portfolio. Current outstanding loan total at 31/03/2022. £10,500 ## **Further financial review details (Optional information)** - The Trustees are responsible for the compliance of current - You **may choose** to include Health and Safety legislation and regulations. All eight - additional information, Almshouses are fitted with Fire blankets and a Fire Hydrant - where relevant about: which are checked and serviced annually . - the charity’s principal sources of funds The Trustees aim to keep all properties into a good state of (including any repair and have a regular maintenance and renewal policy. fundraising); Complaints and requested from the Residents are acted on - how expenditure has promptly. supported the key objectives of the charity; The Trustees delegate the day to day management of the - Charity to an Agent who also acts as the Clerk to the Trustees. investment policy and objectives including any The Appointment of Trustees and Residents is the responsibility - ethical investment policy of the Trustees. - adopted. The Chairman Richard Vaughan, Trustee Gwenda Roberts, along with the Agent Barbara Vasey-Martindale, are the designated signatories for the Charity’s Barclays bank and M & G Investment accounts. All transactions require 2 signatures. The Agent’s fees and monthly payments to the Petty Cash Account are paid by Direct Debit which are authorised by the body of Trustees. **AOAC** October 2021 14 The Trustees are willing to act for the Anne Owens Almshouse Charity Registered 251 253 for the next Financial Period 1[st] April 2022 to 31[st] March 2023. ## **Section G Declaration** ## **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s)** **Full name(s)** **Position (eg Secretary, Chair, etc)** **Date** **AOAC** October 2021 15 Th• TN•th•• •r• TAh"n9 19 xl for th• Ann• AIftTrh￿ Chth*y 251 253 lor th• r•A1 Finw￿l P•rtLxI 111 2022 10 31¥ PAarth 2023. Sectioii G Declaration Th• tru•to•s dKJar• th•t th•y h*v• *ppro¥•d th• tru•t•O•' rnport •bov•. SIgn￿r•(SI Full n•m•lsl po￿ (•g S•cr•t•ry. Ch•lr. •tr) AOAC 16 October 2021 **Anne Owens Almshouse Charity** **251253** ## **Receipts and payments accounts** ## **CC16a** **For the period** Period start date Period end date **To from** 01/04/2021 31/03/2022 ## **Section A Receipts and payments** |**A1 Receipts**|**Unrestricted**
**funds**
**to the nearest**
**£**
**27,543**
**17,945**
**-**
**-**
**-**
**-**
**-**
**-**
**45,488**
**-**
**-**
**-**
**45,488**
**11,129**
**60**
**2,019**
**5,343**
**4,544**
**-**
**-**
**-**
**-**
**23,095**|**Restricted**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Endowment**
**funds**
**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Total funds**
**to the nearest £**
**27,543**
**17,945**
**-**
**-**
**-**
**-**
**-**
**-**
**45,488**
**-**
**-**
**-**
**45,488**
**11,129**
**60**
**2,019**
**5,343**
**4,544**
**-**
**-**
**-**
**-**
**23,095**|**Last year**
**to the nearest £**| |---|---|---|---|---|---| |Residents WMC|**27,543**||||**28,754**| |Interest on M&G CharityAccumalation|**17,945**||||**36,305**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| ||**-**||||**-**| |**_Sub total_**_(Gross income for_
_AR)_|**45,488**||||**65,059**| ||||||| |**A2 Asset and investment sales,**
**(see table).**|||||| ||**-**||||| ||**-**||||**-**| |**_Sub total_**|**-**||||**-**| |**_Total receipts_**
**A3 Payments**|||||| ||||||**65,059**| ||||||| |Administration Costs|**11,129**|**-**|**-**|**11,129**|**10,643**| |Health & Safety|**60**|**-**|**-**|**60**|**60**| |Legal|**2,019**|**-**|**-**|**2,019**|**1,943**| |BuildingRepairs|**5,343**|**-**|**-**|**5,343**|**874**| |Services|**4,544**|**-**|**-**|**4,544**|**4,108**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_ **|**23,095**|**-**|**-**|**23,095**|**17,628**| |**A4 Asset and investment**||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |**purchases, (see table)**||||||||||| |**Almshouse Association Loan**|**-**||**4,200**|||**-**||**4,200**||**4,200**| ||**-**||**-**|||**-**||**-**||| |**_Sub total_ **|**-**||**4,200**|||**-**||**4,200**||**-**| |||||||||||| |**_Total payments_**|**23,095**||**4,200**|||**-**||**27,295**||**21,828**| |**_Net of receipts/(payments)_**|**22,393**||**- 4,200**|||**-**||**18,193**||**43,231**| |**A5 Transfers between funds**|**-**||**-**||**-**|||**-**||**-**| |**A6 Cash funds last year end**|**-**||**-**||**-**|||**-**||**-**| |**_Cash funds this year end_**|**22,393**||**- 4,200**|||**-**||**18,193**||**43,231**| CCXX R1 accounts (SS) 20/10/2022 1 |**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
**B3 Investment assets**|Signature
Almshouse Association Loan
**Details**
**Details**
8 Almshouses each valued £85,000
Property
Bank
Cash
**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
**Details**
M & G Investment Account|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**12,743**
**-**
**192**
**-**
**-**
**-**
**12,935**
**-**
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**Restricted**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
Restricted
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**10,500**
**-**
**-**
**-**
**-**
Print Name|**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||| ||||**Endowment**
**funds**
**to nearest £**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**181,598**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**680,000**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due (optional)**| ||||**01 August 2024**| ||||| ||||| ||||| ||||| ||||| ||||Date of approval| ||||| ||||| CCXX R2 accounts (SS) 20/10/2022 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to tha trusteesl members of MRS ANNE OWEN'S ALMSHOUSE On accounts for the year ended 31 March 2022 Charity no lif any) 251253 Set out on pages I report lo the trustees on my examination of the accounts of the above charity ("the Trust.) for the year ended 3110312022. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the aGGounls in accordance with the requirements of the Charities Act 2011 1.the Act"). I report in respect of my examination of the Trust's accounts carried out under se¢tion 145 of thè 2011 Act and in carrying out my examination, I have followed the applicable Dire¢tions given by the Charity Commission under section 145{5)Ibl of the Act. I have Completed my examination. I confirm that no material matters have come to my attention lolher than that disclosed below ') in connection with the examination which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounling records Independent examiner's statement I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in the br8Gkets if they do not apply. Signed: Date: Zo Name: RHYS Dnvr rs Relevant professional qualification or body.. Address: DoLFÉLLflU LL40 Ik IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight malters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER October 2018