Richmond Mayoral AGM Report 2022/23 Administered by the Company of Fellmongers of Richmond
The Alms Houses are still providing affordable accommodation for the elderly and the needy. Our Tower Street property downstairs bed-sit was vacant for a short time and we took the opportunity to completely refurbish it. It is now re-let.
We have also replaced all the windows with double glazed units which caused us some problems with the local planners. We are updating all the heating and electrical systems in all four properties. We are also having a structural survey on Tower Street after finding cracks in the plaster work.
Earlier in the year we took the decision to employ a local estate agent to manage the properties as we felt that we had not got the knowledge to check that we complied with the current legislation associated with rented property.
We anticipate that by the end of 2023 we will have all properties refurbished and let.
Our future ambitions would be to raise enough money to provide an additional house.
Mike Wood Trustee
The Company of Fellmongers of Richmond Yorkshire
Alms House Treasurer – Mr Robert Carey 4 Manor Court Scorton Richmond North Yorkshire DL10 6TJ Tel : 01748 818328 E-mail : carj41@hotmail.com Fellmongers.org.uk
Company of Fellmongers – Richmond Mayoral Charity (Almshouses) – 258977
INCOME AND EXPENDITURE ACCOUNT FOR YEAR END 31[st] DECEMBER 2022
| INCOME | 2022 | 2022 | 2021 | EXPENDITURE | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Rent | £7,755.08 | £9,890.08 | Maintenance | £13,764.19 | £6,136.97 | |
| Funds from Thomson Trust |
£120,021.97 | £0.00 | Insurance | £696.45 | £641.20 | |
| Bank Interest | £177.32 | £10.24 | Alms House Assoc’n | £146.00 | £142.00 | |
| Donation | £25.75 | £0.00 | ||||
| Total receipts | £127,980.12 | £9,900.32 | Total Expenditure | £14,606.64 | £6,920.17 | |
| Surplus | £113,373.48 | |||||
| Liabilities | Assets | |||||
| Cash at Bank B/F 2021 | £106,171.57 | Cash at Bank 31.12.2022: | £219,545.05 | |||
| Surplus/(Deficit) on year | £113,373.48 | Business Premium Account | £219,045.05 | |||
| Unpresented Cheques | 0 | Community Account | £500.00 | |||
| TOTAL | £219,545.05 | TOTAL | £219,545.05 |
Checked by: Alan G Young
Date: August 2023
Note: Gift of COIF shares received to value of £1,964.47 as of 9[th] February 2023.
A G Young Greywalls
Quakers Lane
Richmond
DL10 4AX
Company of Fellmongers Richmond Mayoral Charities Almshouse Charity No. – 258977
YEAR ENDED 31ST DECEMBER 2022
I have examined the Books and Accounts of the Richmond Mayoral Charities (Almshouse Account) of the Company of Fellmongers of Richmond, North Yorkshire for the year ended 31st December 2022 and find that the accounts presented to me are correct and in accordance with the books and records of the company.
Signed Alan G Young A G Young F.C.A.
Independent Examiner
Dated: 16th August 2023