## ## ||||||||Restricted|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Etlcome|Endowment||Total this||Total last| |||||||funds|funds||funds||year|year| |Fixed assets||||||F01|F02||F03||F04|F05| |Intangible|assets|||(Note 15)|B01|||||||| |Tangible assets||||(Note 14)|B02|||||||| |Heritage assets||||(Note 16)|B03|||||||| |Investments||||(Note 17)
Total fixed assets|BG4
are|6,916,820
6,916,820||||6,916,820
6,916,820||6,914,574
6914,574| |Current|assets|||||||||||| |Stocks||||(Note 18)|B06|||||||| |Debtors||||(Note 19)|B07|18315|||||18315|28423| |Investments|||(Note 17.4)||B08|||||||| |Cash at bank and in||hand (Note 24)|||B09|292,432|||||292,432|254 264| |||Total current assets|||B10|310,747|||||310,747|282 687| |Creditors:|amounts|faliing due within||||||||||| |one year|(Note||20)||B11|25638|||||25638|25 638| ||Net current|||assetsl(liabilities)|B12|285,109|||||285,109|257,049| |Tote/assets||less||current
liabilities|B13|7,201,929||||7,201,929||7 171623| |Creditors:|amounts|falling due after one||||||||||| |year|(Note 20)||||B14|284 754|||||284 754|292 725| |Provisions|for liabilities||||B15|||||||| |Total net assets orliabilities|||||B18|6,917,175||||6,917,175||68?8898| |Funds ofthe Charity||||||||||||| |Endowment|funds (Note 27)||||B17|||||||| |Restricted|income funds|||(Note 27)|B18|||||||| |Unrestricted|funds||||B19|1,359,711||||1,359,?11||1 321 434| |Revaluation|reserve|||||5,557,464||||5,557,464||5557464| |||||Total funds|B21|6,917,175||||6,917,175||6878898| |Signed
by one or two trustees
on behalf of all||||||||||||Date of| |the trustees||||||Signature|||Print Name|||approval| |||||||||'|~.&,- I,(||(
( (t~ W|dd/mm/yyyy| ## ## ## ## ## |Objectiv|es and|Activ|iti|es|||||| |---|---|---|---|---|---|---|---|---|---| |||||SORP reference|||||| |Summary|ofthe purposes||of|Para 1.17|To provide
housing
accommodation|||and|| |the charity as set out||in its|||financial assistance
of||needy persons of||| |governing|document||||the age of45 and upwards,
being resident||||| ||||||in St Albans|or having|family or other||| ||||||associations|therewith.|||| |Summary
activities|of the main
in relation to those|||Para 1.17and
1.19|The trustees
substantially|have continued
to provide
subsidised
accommodation|||for| |purposes|for the public||||its beneficiaries
who pay a modest weekly||||| |benefit,
in particular,||the|||maintenance|contribution.
This is funded|||by| |activities,|projects or||||other properties
let on||a commercial|basis.|| |services
identified
in||the|||||||| |accounts.|||||||||| |Statement|confirming|||Para 1.18|The trustees|have had|regard to the||| |whether
the trustees||have|||guidance
issued
by the Charity||||| |had regard to the guidance|||||Commission|on public|benefit.||| |issued
by|the Charity||||||||| |Commission
on public|||||||||| |benefit|||||||||| ## |||||SORP reference| |---|---|---|---|---| |||||Para 1.38| |Policy on|grant making|||| |||||Para 1.38| |Policy on|social investment|||| |including|program||related|| |investment||||| |||||Para 1.38| |Contribution||made|by|| |volunteers||||| ## |Achieve|ments
and Per|formance||||| |---|---|---|---|---|---|---| |||SORP reference||||| ||||The trustees consider the performance|||of| ||||the charity to be|satisfactory|in this year.|| ||||Accommodation|continued|to be provided|| |Summary
ofthe main
achievements
ofthe charity,||Para 1.20|at a substantially
benefit ofvarious|subsidised
individuals|rent for the
in need.|| |identifying|the difference the||The charity
is holding
a relatively
large|||| |charity's|work has made to||amount
of cash in anticipation
of expensive|||| |the circumstances
of its|||refurbishment
costs in the near future.|||| |beneficiaries
and any wider||||||| |benefits to society as a||||||| |whole.||||||| |Achievements
against|Para 1.41| |---|---| |objectives set|| |Performance
offundraising|| |activities against objectives|Para 1.41| |set|| |Investment
performance|Para 1.41| |against objectives|| |Other|| ## |Financial
Review|Financial
Review|Financial
Review|||||||| |---|---|---|---|---|---|---|---|---|---| |Review ofthe charity's||||Para 1.21|The charity's|income was f133,918(2022|||| |financial
position|at|the end|||f145,955) with property costs|||of686,335|| |ofthe period|||||(2022f113,968)and additional|||expenditure|| ||||||of811,552|2022 F7,420 .|||| |Statement
explaining||the||Para 1.22|The trustees|now consider|that|general|| |policy for holding|reserves||||funds should|be maintained|at|a level|| |stating
why they|are|held|||equivalent
to twelve month's||expenditure,||| ||||||and an additional
reserve amount
of||||| ||||||f75,000 should
be maintained|||for|| ||||||exceptional|repairs and maintenance.|||This| ||||||level of reserves has been||maintained||| ||||||throu
hout the
ear.||||| |Amount
of reserves||held||Para 1.22|F6,917,175|2022 F6,878,898|||| |Reasons for holding||zero||Para 1.22|||||| |reserves|||||||||| |Details of fund materially|||in|Para 1.24|||||| |deficit|||||||||| |Explanation
of any||||Para 1.23|||||| |uncertainties
about the|||||||||| |charity continuing|as a going||||||||| |concern|||||||||| ## ## |The charity's
principal|| |---|---| |sources offunds
(including|Para 1.47| |any fundraising)|| |Investment
policy and
objectives
including
any|Para 1.46| |social investment
policy|| |adopted|| |A description
ofthe principal|Para 1.46| |risks facing the charity|| |Other|| ## |Structure,
Governance|and Man|agement|| |---|---|---|---| |Description
of charity's||Trust deed adopted
on 23/7/1964 and|| |trusts:||varied
b
scheme on 7/1/1992.|| |Type of governing
document|Para 1.25|Trust Deed|| |How is the charity|Para 1.25|Charitable
organisation|| |constituted?|||| |Trustee selection methods|Para 1.25|In accordance
with the Trust's constitution.|| |including
details of any||The body oftrustees consists of seven|| |constitutional
provisions e.g.||competent
people.
Co-opted trustees are|| |election to post or name of||persons
residing
or carrying
on business|in| |any person or body entitled||or near St Albans and are appointed
for a|| |to appoint one or more||term of five years. Any competent trustee|| |trustees||ma
be re-a
ointed.|| ## |Policies|and|procedures|||| |---|---|---|---|---|---| |adopted|for the induction||Para 1.51||| |and training||oftrustees|||| |||||The trustees delegate the day to day|| |||||running|ofthe charity to the Clerk of| |The charity's||organisational||Trustees.|| |structure|and|any wider|Para 1.51||| |network|with|which the|||| |charity works|||||| |Relationship||with any|Para 1.51||| |related|parties||||| |Other|||||| ## |Charit|name|||Vincent's
Charit|| |---|---|---|---|---|---| |Other name the charit|||uses||| |Re istered charit||number||251320|| |Charity's|principal|address||C/o Bretherton
1"Floor, Alban|Law
Row| |||||27-31 Verulam|Road| |||||St Albans|| |||||Hertfordshire|| |||||AL3 4DG|| |mes|ofthe charity trust|ofthe charity trust|ees who manage|the charity|||| |---|---|---|---|---|---|---|---| ||Trustee name||Office (if any)|Dates acted if not for whole
ear|Name ofperson (or body) entitled
to appoint truatee
(ifan
)||| |1|Penelope|Williams|Chair||||| |2|Joyce Lusby||||||| |3|Caroline|McCaffrey|||||| |4|Bruce Kent||||||| |5|John Austin||||||| |6|David Graves||||||| |7|Michaela|Bygrave||03/05/22 —31/03/23|||| |8|||||||| |9|||||||| |10|||||||| |11|||||||| |12|||||||| |13|||||||| |14|||||||| |15|||||||| |16|||||||| |17|||||||| |18|||||||| |19|||||||| |20|||||||| ## |Description|ofthe assets|| |---|---|---| |held
in this|capacity|| |Name and|objects ofthe|| |charity on|whose behalf|the| |assets are|held and how|this| |falls within|the custodian|| |charity's
objects||| |Details of arrangements||for| |safe custody and||| |segregation|ofsuch assets|| |from the charity's
own||| |assets||| ## |Names and|addresses
of|advisers
(Option| |---|---|---| |Type of|Name|Address| |adviser||| ## ##