THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151
Contents of the Financial Accounts for the year ended 31st October 2023
Page Trustees and General Information 1 Responsibilities of Trustees 2 Independent Examiners Report 3 Income and Expenditure Account 4 Balance Sheet 5 Notes to Accounts 6
THE RANDAL CREMER COTTAGES TRUST
Registered Charity No 255151
TRUSTEES AND GENERAL INFORMATION
TRUSTEES
Mr G Cantrill (Chairman and Managing Trustee)
Cllr K Mandry Mr S Dugan Mrs M Bell
CLERK TO THE TRUSTEES
Miss A Campbell
ADRESS OF PROPERTY MANAGED
The Randal Cremer Cottages
Stubbington, Fareham, Hants
Charity No 255151
INDEPENDENT EXAMINER
Mrs J Ridley 118 The Avenue
Alverstoke PO12 2JY
BANKERS
Lloyds Bank PLC Fareham, Hants
THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151
RESPONSIBILITIES OF THE TRUSTEES
The Charity is entitled to exemption from Audit under section 43(2) of the Charities Act 1993
The Trustees acknowledge their responsibilities for:
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a. Ensuring that the Charity keeps Accounting Records which comply with the Charities Act 1993 and,
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b. Prepare Financial Statements which give a true and fair view of affairs of the Charity at the end of the Financial Year and of its Income and Expenditure for the year.
Approved by the Committee of Trustees on Saturday 18[th] November 2023
On behalf of the Committee of Trustees
…………………………………………………………………………..
Mr G Cantrill
The Chairman
The Randal Cremer Cottages Trust
THE RANDAL CREMER COTTAGES TRUST
Registered Charity No 255151
THE RANDAL CREMER COTTAGES TRUST ANNUAL ACCOUNTS FOR THE PERIOD 1[ST] NOVEMBER 2022 TO 31[ST] OCTOBER 2023
Judith Ridley
118 The Avenue Alverstoke PO12 2JY
I have examined the attached Accounts for the Randal Cremer Cottages Trust for the period 1[st] November 2022 to 31[st] October 2023 against the statements and documents provided by the Clerk and found them to be correct.
Date ………………………………………………
Signed ……………………………………………………………………………
Judith Ridley, Independent Examiner
THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151
INCOME & EXPENDITURE
| INCOME Note s Refund SSE Resident Contributions 1 Invesment Appreciation 2 EXPENSES 2022 Debtor Write of Managing Trustee 6 Clerk to Trustees 3 Maintenance Agreement 4 Utiliies General Repairs 5 Other Expenses 6 Investments Resident Contributions Refund Surplus C/Fwd |
2023 £ £ £0.00 £23,230. 00 £2,009.0 8 £25,239 .08 £79.50 £1,200.0 0 £2,600.0 0 £2,100.0 0 £2,551.7 8 £3,466.6 7 £1,867.3 7 £0.00 £115.00 £13,980 .32 £11,258 .76 |
2022 £ £ £177.93 £22,642.5 0 - £429,732. 87 - £406,912 .44 £1,845.95 £2,400.00 £0.00 £2,680.58 £25,548.2 0 £480.66 £0.00 £0.00 £32,955. 39 - £439,867 .83 |
2022 £ £ £177.93 £22,642.5 0 - £429,732. 87 - £406,912 .44 £1,845.95 £2,400.00 £0.00 £2,680.58 £25,548.2 0 £480.66 £0.00 £0.00 £32,955. 39 - £439,867 .83 |
|---|---|---|---|
| - £406,912 .44 |
|||
| £11,258 .76 |
- £439,867 .83 |
THE RANDAL CREMER COTTAGES TRUST
Registered Charity No 255151
BALANCE SHEET
| FIXED ASSETS Note s Property Equipment CURRENT ASSETS Debtors Treasurer's Account Investments CURRENT LIABILITIES Short Term Creditors ASSETS LESS LIABILITIES CAPITAL AND RESERVES Reserved B/Fwd Surplus for year |
2023 £ £ £286,000. 00 £157.00 £286,15 7.00 £0.00 £24,558. 46 £200,293 .21 £224,85 1.67 £511,008 .67 £499,749 .91 £11,258. 76 |
2022 £ £ £286,000. 00 £157.00 £286,15 7.00 £79.50 £15,229.2 8 £198,284. 13 £213,592 .91 £499,749. 91 £939,618. 18 - £439,867. 83 |
2022 £ £ £286,000. 00 £157.00 £286,15 7.00 £79.50 £15,229.2 8 £198,284. 13 £213,592 .91 £499,749. 91 £939,618. 18 - £439,867. 83 |
|---|---|---|---|
| £286,15 7.00 |
|||
| £224,85 1.67 |
£213,592 .91 |
||
| £511,008 .67 £499,749 .91 £11,258. 76 |
£499,749. 91 £939,618. 18 - £439,867. 83 |
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£511,00 £499,750
8.67 .35
£511,00 £499,74
8.67 9.91
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I approve the Accounts and confirm that I have made available all relevant records and information for their presentation.
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………………………………………………………………
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Alice Campbell, Clerk to the Trustees
THE RANDAL CREMER COTTAGES TRUST Registered Charity No 255151
IMVESTMENT APPRECIATION
THE RANDAL CREMER COTTAGES TRUST
Registered Charity No 255151
NOTES
Note 1: Contributions Account
No 1: Mr Dell-Robertson – 52 Weeks @ £115.00 per week = £5,980.00 No 2: Mr Wearn – 7 Weeks @ £115.00 per week = £805.00 No 2: Mrs Cousins – 37 Weeks @ £115.00 per week = £4,255.00 No2: Mrs Cousins – Overpayment in error @ £230.00 = £230.00 No 3: Mrs Macauley – 52 Weeks @ £115.00 per week = £5,980.00 No 4: Mr Taylor – 52 Weeks @ £115.00 per week = £5,980.00
= £23,230.00
Note 2: Investments
Value of investment as of 31[st] October 2023.
= £200,523.21
Note 3: Clerk to the Trustees Account
Honorarium 12 Months @ £200.00
Honorarium 1 Months @ £200.00
= £2,600.00
Note 4: Maintenance Agreement
Maintenance Agreement 7 Months @ £300.00
= £2,100.00
Note 5: Repairs and Maintenance
Kaznows – Decorating = £1,000.00
Simon Livett Repairs – Repairs and Maintenance = £2,364.67
GP Heating - Gas Service and Repairs = £102.00
= £3,466.67
Note 6: Managing Trustee
Honorarium 12 Months @ £100.00 = £1,200.00
= £1,200.00
Note 7: Other Expenses
Window repair deposit* = £444.00
Meetings* = £322.37
Resident Gifts* = £192.00
*All of these expenses were paid to the tradesmen personally and reimbursed to GC.
Reimbursement for Auditor Gift = £40.00
Reimbursement of expenses for Flat 1 = £206.00
Reimbursement for Removal fees = £645.00
Quickbooks Software Trial = £18.00 £1,867.37
THE RANDAL CREMER COThAGES TRUST Registered Charlty No 255151 Contents ofthe Hnanclal Accounts for the ar ended 31st October 2023 Page Trustee5 and General Information Responslbllltles of Trustees Independent Examiners Report Income and Expendlture Account Balance Sheet Notes to Acu)unts
THE RANDAL CREMER COThAGES TRUST Registered Charlty No 255151 Contents ofthe Hnanclal Accounts for the ar ended 31st October 2023 Page Trustee5 and General Information Responslbllltles of Trustees Independent Examiners Report Income and Expendlture Account Balance Sheet Notes to Acu)unts