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 sC￿la1 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, repla￿MentS 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 in￿me. 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 certmC￿es. 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. redU￿d
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 applian￿S.
The Residents are feqlfired to cover their own house contents insurance
ana Ihe internal decOr￿lon 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 serVi￿d
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 hJMw￿U1O Ch•iily Rogl**•d 251253 for thè n•x1
Perftsj 1" 2024 10 3111 Mwch 2025.
Section G
Declaration
SIW￿d on I￿￿11 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￿$1 on M&G CharityA¢cumulation
11,827
11,837
2,032
Sub total
11,837
2,032
30,631
11,837
42,468
30,961
A3Pa
m•nts
Adminis1rd￿On co$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