2023-12-31-accounts

		PAGE
Annual Report		1-3
Independent Examiners	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Accounts		7-9

The Charity trustees who	The Charity trustees who	served during t	he ye	ar	and thei	r appointing	bodies are:	bodies are:
W M Henwood		Chairman					Co-optative
C P Earnshaw		Vice chairman	from	5	September 2023		Co-optative
TJ Roach		Vice chairman					Co-optative
J Checkland		terminated June 2023					Ex- officio
J M Eagland							Co-optative
M Field		appointed October		2023			Lichfield	City Council
J A Greaves							Lichfield	City Council
D Greatorex							Lichfield	City Council
Dr A Hughes		appointed June 2023					Ex- officio
PSJones		terminated June 2023					Lichfield	City Council
CJ McNeill		resigned April	2024				Co-optative
J Russell							Co-optative
N G Sedgwick							Co-optative
R Shaw		terminated June 2023					Co-optative
C R Stokes							Co-optative
M A Warfield		terminated November			2023		Co-optative
Principal Address:		S RJames
		The Clerk Lichfield		Municipal		Charities
		Bank House Farm
		Woodhouses
		Yoxall
		Staffs
		DE138NR
Website:		www. lichfieldmunici		al.or .uk
Registered	Charity No:	254299
Principal Bankers:		CAF Bank Ltd
		25 Kings Hills	Avenue
		Kings Hill
		West Mailing
		ME194JQ
Independent	Examiner:	M Gurney FCCA, DChA
		of Dains Audit	Ltd
		Chartered Accountants
		StJohns Court
		Wiltell Road
		Lichfield
		WS149DS
Investment	Advisers:	RBC Brewin	Dolphin
		6th floor, The	Chatwin		Building
		81,Colmore Row
		Birmingham
		B32BA

YEAR ENDED 31 DECE	MB	ER 202	3
				Income	Extraordinary		Endowment	Total	Total
			Note	Fund 6	Repairs 6	Fund	Fund f	2023	2022f
Income and endowments	from:
Charitable activities
Maintenance contributions		receivable		52,857				52,857	44,655
Investments
Income from listed investments			2	49,055		4,274		53,329	44,547
Deposit interest and similar		income		2,312				2,312	163
Rental income				365				365	365
Donations and Legacies
Legacy - RS Owen				85,918				85,918
Roger Hinton's Charity				900				900
Other donation				200				200
Total				191,607		4,274		195,881	89,730
Expenditure on:
Almshouse running costs				34,302				34,302	30,608
Other charitable expenditure				10,011				10,011	8,543
Investment management	charges			2,314		614	7,365	10,293	10,304
Insurance etc re land at Darnford				326				326	324
Clerk's salary				15,882				15,882	14,935
Independent examiner's fees				2,874				2,874	2,604
Sundry expenses				1,591				1,591	1,251
Impairment review				2,934				2,934
Depreciation -Solar panels				2,691				2,691	977
Total				72,925		614	7,365	80,904	69,546
Gains/(losses) on investments			10	4,949		1,250	62,910	69,109	(187,683)
Net income/(expenditure)				123,631		4,910	55,545	184,086	(167,499)
Net movement in funds				123,631		4,910	55,545	184,086	(167,499)
Reconciliation offunds:
Total funds brought forward				756,319	106,194		1,931,256	2,793,769	2,961,268
Total funds carried forward				879,950	111,104		1,986,801	2,977,855	2,793,769

				Income	Extraordinary	Extraordinary	Endowment	Total	Total
			Note	Fund E	Repairs 8	Fund	Fund	2023 f	2022
Fixed Assets
Freehold Land	and Buildings		7	284,565			680,000	964,565	964,565
Solar Panels			8	24,220				24,220	2,934
Investment Property			9				7,500	7,500	7,500
Listed Investments			10	540,197	110,826		1,307,616	1,958,639	1,743,811
				848,982	110,826		1,995,116	2,954,924	2,718,810
Current Assets
Debtors				6,350				6,350	3,804
Balances at Bank:
Deposit				18,081				18,081	25,810
Current				17,280		432	(6,479)	11,233	58,208
Total current	assets			41,711		432	(6,479)	35,664	87,822
Liabilities			12
Creditors: Amounts		due within	1 year	10,743		154	1,836	12,733	12,863
Net Current Assets				30,968		278	(8,315)	22,931	74,959
Net Assets				879,950	111,104		1,986,801	2,977,855	2,793,769
The funds of	the charity:
Permanent endowment							1,986,801	1,986,801	1,931,256
Extraordinary	repairs	fund			111,104			111,104	106,194
Unrestricted income		funds		879,950				879,950	756,319
				879,950	111,104		1,986,801	2,977,855	2,793,769

4	Other	Charitable	Expenditure	Expenditure	2023	2022
					E	E
	Grants	to 18individuals		(2022 - 18)	10,011	8,543
					10,011	8,543

No expenses	were paid to any tr	were paid to any tr	ustee during the year.(20	22- nil)
7 Freehold	Land and Buildings
				2023	2022
				E
12 Bungalows	known as William		Lunns Homes
At 1 January	2023			964,565	860,831
Add remodelling/refubishment		expenditure			103,734
				964,565	964,565
8 Solar Panels
				2023	2022
At cost 1 January 2023				9,773	9,773
Additions				26,911
Cost 31 December 2023				36,684	9,773
Depreciation	at 1 January 2023			6,839	5,862
Depreciation	charge for the	year		2,691	977
Impairment				2,934
Depreciation	at 31 December 2023			12,464	6,839
Net book value at 31 December 2023				24,220	2,934

10Listed	Investment	s
					2023	2022
					6	6
Listed UK	Investments				1,940,480	1,719,705
Investment	Portfolio Cash				18,159	24,106
					1,958,639	1,743,811
			income	Extraordinary	Endowment	Total	Total
			Fundf	Repairs Fund 6	Fund 6	2023 6	2022f
Investments held at01.01.23			374,746	99,967	1,244,992	1,719,705	1,934,566
Additions	at cost		167,277	27,905	258,976	454,158	134,717
Disposals	at carrying	value	(14,147)	(27,280)	(261,065)	(302,492)	(161,895)
Add net gain/(loss) on revaluation Investments held at 31.12.23			4,949 532,825	1,250 101,842	62,910 1,305,813	69,109 1,940,480	(187,683) 1,719,705

11 Debto	rs
					2023	2022
					6	6
Maintenance			Contributions	Receivable	685	1,170
Other Debtors and Prepayments					1,373
Investment		Income			4,292	2,634
					6,350	3,804
12 Creditors
					2023	2022
					6	F
Creditors	and		accrued expenses		12,733	12,863
Permanent		endowment			1,836	1,839
Extraordinary			repairs fund		154	156
Unrestricted		income funds			10,743	10,868
					12,733	12,863

13Anal	ysis of Net Assets Be	tween Funds
		Accumulated	Extraordinary	Endowment	Total
		Income Fund	Repairs	Fund	2022
			Fund
		E
Fixed Assets		672,678	106,155	1,939,977	2,718,810
Current	Assets	94,509	195	(6,882)	87,822
Current	Liabilities	(10,868)	(156)	(1,839)	(12,863
Fund Balance		756,319	106,194	1,931,256	2,793,769