2022-12-31-accounts - Linton Park Almshouses

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LINTON PARK ALMSHOUSES Registered Charity No.262420 - Member of The Almshouse Association - No.M1465

BRIEF REPORT DETAILING THE WORK OF THE TRUSTEES DURING 2022

Trustees: Mrs P Burden, Mr R Butters, (Chairman), Mr P Cooper, Mr R Leagas.Cllr S Webb Clerk: Mrs K Cooper. There were meetings of the Trustees in March and October. There is currently no Linton Park representative Trustee.
Finance
a. CAF Cash account balance at 31/12/2022 - £35,413.28
b. CCLA COIF Deposit Account Balance at 30/12/22 - £18,686.24, average yield 2.535% p.a.
c. Shawbrook Maturing balance of £18,523.23 rolled into a CAF Matured Funds account at 0.10%.
d. COIF Charities Investment Fund Accumulation units. 1396.06 units valued at £307,674.59 at 31/12/2022.
e. M&G Accumulation shares: 10,564 units valued at £1,114.83 at 31/12/2022.
f. Mr J Whitmarsh, ACIB, examined the year end accounts and signed the Charity Commission Independent Examiner’s Report on the account, with no undue matters coming to his attention.
g. Half-yearly repayments of £1,575 and £787.50 were paid to the Almshouses Association in March and September for the £30,000 and £15,000 interest free loans received from them. The administration fee of 5% was added to the balance leaving £1575 to be paid in 2023.
h. Clerk’s remuneration was paid at £195.00 per month.
i. The Trustees agreed that the Weekly Maintenance Contribution (WMC) should continue to remain at £139 per week.
Residents There were no changes of Residents during the year.
Emergency Call System PPP Taking Care, who have a national call centre, continue to provide monitoring of the system at an annual payment of £1,209.10.
Data Protection Policy based on a sample policy from The Almshouse Association is in place.

6. Buildings

Only very minor routine maintenance/repairs were carried out in the year.

External Goodwin Pest Management continue to carry out monthly inspections for any pest activity at £145 per quarter (+VAT). A new shed was purchased for cottage No.3. Mr Gary Knight continued to mow the lawns at £20 per cut.
Christmas gifts of supermarket vouchers and boxes of sweets were given to the residents.

K Cooper Clerk to the Trustees March 2023

Recelpts and Payments Account for the eDdlng 31 December 2022 2021 Ripts 2022 2022 2021 36.696.00 Contribjtions fn)m dents 36,142.14 Water and Se 1,400.07 1,415.08 8.461.89 1,891.05 419.88 0.00 1,209.10 3,192.06 2,254.28 363.63 7,576.70 1.185.40 Banks COIF Shavknrook 27.02 180.56 18.50 serndj 2.21 254.80 FKller LtFdir ftVation and Repairs Gardens 1,268.64 1,437.CX) 2.894.64 1.309.00 Adminlstrntlon Profes%onal Fees Inrate Tuwnts 13ts 146.crfj 975.70 295.50 45.00 2.340.00 81.50 2 250.00 22.221.33 142.(X) 897.36 375.92 108.00 2,340.00 96.00 Loan fee 5% c¢ £45.( 24,150.07 us forthe 14,146.89 12,802.94 £ 36 953.01 £ 36368.22 £ 36953.01 Funts Ststemert @3tst Derath 2022 Balar @ 1.1.22 s6,).86 14,146.89 In: Surplus 2022 co CEtTht Fund £18,686.24 £18,505.68 £35,413.28 £23,940.45 £18,523.23 £18,504.73 1,575.00 -£4,050.00 71047.75 £ 56900.86 . Shavth(x)k Bank 71047.75 Value of Investments M&G Chanty Multi Asset Fund (forni¢ NAAaF) Cost 1974- £250.00 Converted from income shares 2013 10.564 accumulatitin shares Market value @ 01.01.2022 Market value @ 31.12.2022 COIF arfue$ Investm Fund Cost £105,otK) 1396.C6 acajmukition shares MaFk& value @ 01.01.2022 Market value @ 31.12.2022 £1.1(.09 £1.114.83 £8.74 £338,088.46 £307,674.59 £30 413.87 Wrbte u Write dovffl Totsl Invesbnent holding at 0110112022 Totsl Inveslment holding at 31112ll022 Totsl write down £339.194.55 £308 789.42 £30 405.13 INDEPENDEwf EXAMINER Slgned: Name: Mr R Butters MT5 K CcM¥ Address.. The Bam, Redwall Farnihcw Cottage, Lintu) Hrfl Redwall Lane, Lin nton Mahjthe ME17 4AX Mabjkn ME17 4AW

CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trustsesl members of Linton Park Almshouses On accounts for the year ended 31" December 2022 Charity no (If any) 282420 Set out on pages I report to the trustees on my examination of the accounts of the above chartty {Ihe Twsn for the year ended Responsibillties and As the ¢hartty trustees of the Trust, you are sponsIble for the preparation basis of report of the accounts in accordance virth the requirements of the Charities Act 2011 (Yhe Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in (arrying out my examination, I have followed the applicable Directtons gtven by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I Confi that no material matters have come to my attention in connection with the examination which gwes me cause to believe that in, any material respert: accounting re¢ords were not kept in accordance with section 130 of the Act or the accounts do not accord viith the accounting records Independent examiner's statsment I have no COnmS and have come across no other matters in connection th the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. delete tho words in the brack8ts rfthey do not appty. Slgned: Dats: Z3 Name: Relevant pn)fesslonal quallflcatlon(s) or body (if any): Address: IER October 2018