## Twynams Charities 

Annual report and accounts for the year ended 

31[st] March 2024 



|Charity Number :|255571|
|---|---|
|Correspondence address :|95 Archers Road, Eastleigh, Hampshire, SO50 9AZ|
|Trustees :|Anne Winstanley (Chair, Bishopstoke P C )|
|During the year ended|Dick Whittington (co opted)|
|31stMarch 2024|Nicholas Couldrey (Fair Oak P C)|
||Steve O'Connell (co opted)|
||Steven Broomfield [to 19 July 2023]|
||Gin Tidridge [from 20 July 2023] (Eastleigh B C)|
||Desmond Scott [to 19 July 2023]|
||Paul Bright [from 20 July 2023] (co opted)|
|Charity’s Governing|Charity Commissioners Scheme|
|Document :|dated 12 March 1968|
||as amended 15 January 2013|
|Clerk to the Trustees :|Alison Mears|
|Bank :|NatWest Bank plc|
||Eastleigh|
||SO50 9XN|
|Independent Examiner :|Eleanor Greene of Do the Numbers Ltd|
|Area of benefit :|Bishopstoke, Fair Oak and Horton Heath|
|Investment policy:|Sums of cash not needed for immediate working|
||purposes shall be invested in the name of the|
||Official Custodian unless the Charity|
||Commissioners otherwise direct.|
||All funds are held in the name of Twynams|
||Charities.|





## TWYNAMS CHARITIES 

## TRUSTEES REPORT 

## FOR THE YEAR ENDED 31 MARCH 2024 

## **Aims** 

Relieving persons in need of assistance who are resident within the Civil Parishes of Bishopstoke, Fair Oak and Horton Heath. 

The Charity owns, manages and rents out five properties known as Twynams Cottages in Fair Oak Square, Fair Oak, Hampshire. 

Once the cost of maintenance, repairs and insurance for the properties has been paid out of the rental income the Trustees make funds available for assisting people in need via third parties such as local housing charities and schools 

## **Review of progress and achievements** 

With three of the properties becoming vacant early in the year, extensive refurbishment and maintenance has been undertaken prior to new tenants moving in 

## **Future projects** 

The Trustees began a review of the future direction and operation of the charity to align its original purpose with the current economic and social climate. 

Anne Winstanley Date Chair 



## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF TWYNAMS CHARITIES 

FOR THE YEAR ENDED 31 MARCH 2024 

I report on the accounts of the Charity for the year ended 31[st] March 2024, which are set out on page 4. 

## **Respective responsibilities of trustees and examiner** 

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. 

It is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act 

- to follow the procedures laid down in the general Directions given by the commission under section 145(5)(b) of the 2011 Act 

- to state whether particular matters have come to my attention 

## **Basis of independent examiner’s report** 

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement. 

Independent examiner’s statement 

In connection with my examination, no matter has come to my attention: 

- (1) which gives me reasonable cause to believe that in any material respect the requirements: 

- to keep accounting records in accordance with section 130 of the 2011 Act and 

- to prepare accounts which accord with the accounting records and comply with the accounting, requirements of the 2011 Act have not been met or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached 


Eleanor S Greene Director, Do the Numbers Ltd 

Date     6[th] August 2024 



## TWYNHAMS CHARITIES FINANCIAL STATEMENTS for the year ended 31[st] MARCH 2024 

||||**2024**|**2023**||
|---|---|---|---|---|---|
|**Receipts**||£|£|£|£|
|Rental income||27,263||24,960||
|COIF income|||418|114||
|Bank interest|||186|87||
|Insurance claim|||0|0||
|**Total receipts**|||**27,867**||**25,161**|
|**Payments**||||||
|Property repairs and maintenance||25,898||14,137||
|Insurance||1,542||1,409||
|Accountancy charges|||125|125||
|Management||2,554||2,610||
|Utilities on vacant property|||0|0||
|Office and administration|||135|25||
|Donations to Charitable organisations||2,500||7,500||
|**Total payments**|||**32755**||**25,806**|
|**Net income / (expenditure)**|||**-4,888**||**-645**|
||Statement of assets and liabilities|||||
||as at 31 March|2024||||
|**Tangible fixed assets**||||||
|476 to 484 Fair Oak Road (freehold of terraced houses)||||||
||||**2024**||**2023**|
|**Fixed asset investments**||||||
|M&G Charifund 468 Units value at 31 March 2024|||6,814||7677|
|**Current assets**||||||
|Nat West current account|||1||1|
|Nat West reserve account|||16,425||21,313|
||||**16,426**||**21,314**|
|Anne Winstanley|Date|||||
|Chair||||||