Trustees. Annual Report for the period Perl(NJ start ¢Jai8 Month Perioa en(J date Day Month To 31 Year Y•ar 2024 From 01 2023 Section A Reference and administration details Charlty name Mrs Anne enS Almshouse othor names charlty Is known by Anne Owcns Almshouae Charity Registered charity number Irf any) 251253 Charty's prlncipal oddress Tarren, Brynhyfryd Road. Tywyn Gwynedd PostGode LL36 9HG Names of tho charity trustees who manage the charlty Trustè• namè oiric• Ilf any) Dates acted if not for whol• Namè of person lor body) éntitled toa gint trustee ifan Body of Tmstees Richard Vaughan Anne Lloyd- Jones John Gray- Jones Linda Kelly Gwenda Roberts Geraint Owen Catherine Evans Chairman 10 12 13 14 15 16 17 18 19 20 Names of tho trustees for the charity, if any, (for oxample, any custodian trustees) Name Dates acted if not for whole ear AOAC October 2021
Names and addresses of advisers IOptAonal Infomiation) e of advlser Name Address Name of chief executive or names of senior staff Membe (Optlonal infomiation) Section B Structure, overnance and mana ement Description of the charity's trusts Unincorpofated Type of governing document How the charity is constituted Trust Trustee selection methods Appointed by Trustees Addltlonal governance issues Ioptlonal informatlon) The Charity is govemed by a b¢>Jy of seven Trustees. You may Ghoose to include additional information. where relevant, about.. policies and procedures adopted for the induction and training of trustees., the chanty'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 Trustees use an Agenl Mrs B E Vasey- Martindale MBPSS MBACB (Accredited) lo act has their Clerkl Secretary and undertake all day to day Administration, Finanaal and sCla1 Care activities. The Trustees at regular Trustee Meetings have the final decisions on major transactions including the Appointrnent of Residents and their Soaal and Medical Care. Building repairs and selection of Contractors for maintenance, replaMentS and renewals. The Account$ are checked each year by an Independent Person, E W Owen & Co, Dolgellau carried out this task. Section C Ob"ectives and activities Summary ofthe objects ofthe 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, AOAC October 2021
The Anne Owens Almshouse Charity is a member ofthe Almshouse Association and MplIeS with their Standards ol 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 inme. All eigm one bedroom houses are on Frankwell Street, Tywyn. LL36 9EP. Summary ofthe maln activities undertaken for the public benefit in relation to these objects {include within this seGtlon the Statutory declaration that trustees have had gard to the guidance issued by the Charity Commission on public benefrt) Additional detsils of objectives and activities (Optional infomiationl You may choose to include further statements, where relevant. about.. policy on grantmaking.. policy programme related investment; contribution made by volunleers. AOAC October 2021
ection D Achievements and performance Summary ofthe maln achievements of the charty 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 prowding housing for eight woman frum the area of Tywyn who are on low incomo. 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 whlch Include the Lan¢Jlords certmCes. Electmcal surveys were camed 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 extern81 rear walls and glittering of properties 4-9 FrankweS1 Street were not able to be carried out during 2023- 2024. Due to Builders back log ofwork due the Covid19 pandemic, due also to the weather which was either too hot or loo wel The budget for these repairs as been carried fofward to the next financial period. The Trustees have agreed to reduce the British Gas Homecare Four- Boiler, controls and central heating cover induding 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 induding an annual setvice. The polices are due for renewal November 2024. AOAC Ociober 2021
ection D Achievements and performance AOAC Ociobef 2021
ection E Financial review ReseNes are invested in the M& G Charity Multi Asset Fund Accumulation Units, withdrawals are only made every few years for major renovations or emergencies from this investment account. Brief statement of the charty's policy on serveS VVNC'S are pald by the resldents on a monthly basls, currently at £325 these contributions include water and sewerage rates. redUd Television Li¢enses £7.50 for those working less than 15 hours a week and free for residents over 75. The Contributions received from the residents are esjrefully managed so thÈy eAn cover any routine annual repairs and renewals, also Administration costs including the Agent's fees, Awuntancy and Building Insuran premiums, upkeep of the Community Gardèn and Health and Safety applianS. The Residents are feqlfired to cover their own house contents insurance ana Ihe internal decOrlon of their homes. In June 2014 the Charity received an interest free loan for ten years for the sum of £40,000 plus £4000 administration fee, from the Almshouse A$sociation. Thi$ loan was to assigt the Ann• Owens Charity to purchas• anolher 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 number 4 Frankwell Street had a right of access through the garden to the rear of her property. The owner was a young person and with her friends and dog regularfy caused problems for the residents with anti sccial behaviour including noise and smoking. So when she decided to sell the property, the Trustees felt it was in their residenls, best interest to purchase the house and add it to their Almshouse ortfolio. Currenl outstandin loan total at 3110312024. £2.100 Details of any funds materially In deficit Further financial review detsils (Optlonal Inforniation) The Trustees are responsible for the Complian of current Health and Safety legislation and regulations. All eight Almshouses are fitted with Fire blankets and a Fire Hydrant which are checked and serVid annually. Yotj may choose to indude additional information, where relevant about.. the charity's principal sources of funds (including any fundraising)., how expenditure has supported the key obj8dives of the chanly., investment policy and objectives including any ethical investment policy adopted. The Trustees aim to keep all properties into a good state of repair and have a regular maintenance and renewal policy. Complaints and requested from the Residents are acted on promptly. The Trustees delegate the day to day management of the Charity to an Agent who also acts as the Clerk to the Trustees. The Appointment of Trustees and Residents 18 the responsibility of the Trustees. 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 Dekn't which are authorised b the bod of Trustees. Section F Other optional information AOAC OetL)bor 2021
Tl Tntst••s w• wilm 10 xl lof th• Anne hJMwU1O Ch•iily Rogl*•d 251253 for thè n•x1 Perftsj 1" 2024 10 3111 Mwch 2025. Section G Declaration SIWd on I11 ol th• ¢h•rfty'• tnwt• Ful narn•ls) POS#k (•9 S•urt•ry, ChAII. -ILF AOAC
CHARITY COMMISSION FOR ENGLAND AND WALES Ann• Owens Almshousé Charlty 251253 Receipts and payments accounts CC16a For the perlod from 0110412023 3110312024 To Section A Receipts and payments Unres¢ricted funds RestriGt•d funds Endowment funds Total funds Last year to IhA n(tAfA#t to n¢aro81 tothe nearost£ to th* ng4rost£ to tho noaroSt£ A1 Recèipts Rtsidenls WMC 30,624 30.624 28.929 Sub total(Gross income for AR) 3LI,5L4 30,624 2B,929 A2 Asset and investment sales, (see table). Inte$1 on M&G CharityA¢cumulation 11,827 11,837 2,032 Sub total 11,837 2,032 30,631 11,837 42,468 30,961 A3Pa m•nts Adminis1rdOn co$ts Heallh and safety Loyal costs Building repairs Services 13,755 36 1.732 4,937 4,863 13,755 36 1,732 4,>37 4,863 60 2.019 5.343 Sub total 25,323 25,323 23.O9S A4 Assèt and investment purchases, Isee table) Loan Alrnhouse Association 4,200 Sub total 4,200 25,323 4,200 29,523 27,295 Net of recelpts/(payments) A5 Transfers between funds A6 Cash funds last ar end Cash fund5 this year end 5.308 7.637 12.945 3.666 5,308 7.fj37 12.945 3,666 CCXX R1 acownts ISSI 1611012024
Spction B Statemeiil ol assets and liabilities at the end of the period UNutn£i•d Ra•tn£d fvndB fund• •1 C••h Iw)d• roui ¢•8ft Amx UMHifb¢i•d fvnd• lund• nd• IlJ.fjJP B4 A•Ml• r•i4ln•d for I charW o¥m 81 U•bllrtb•• Sw•d by LTh try#•g• i)th•1 01 th• tyw1• CCM (SSI 1711rrA
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Anne Owens Almshouse Charity On accounts for the year ended 3110312024 Charity no (if any) 251253 Sot out on pag•s I report to the Irustees on my exarnination of the accounts of the above charity {"the Trust'} for the year ended 3110312024. Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities AGt 2011 ("the Act"). I report in resped of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5Xb) of the Act. I have compleled my examination. I confim that no matefial matters have come to my attention 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 accounting records Independent examiner's statement I have no concerns and have come across no other matters in connection with the exarnination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Please delete the words in Ihe brackets if they do not apply. Signed: Date: 1611012024 Name: lona Pyrs Richards Relevant professional qualification(s) or body (if any): FCCA Address: E W Owen & Co. Ty Glyndwr, Stryd Glyndwr. Dolgellau, Gwynedd, LL40 1BB IER October 2018
Section B Disclosure Only complele if the examiner needs to highlight matters 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