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2022-03-31-accounts

Objectiv es and Activ ities
SORP reference
Summary ofthe purposes of To provide housing for persons of
the charity as set out in its appropriate means and circumstances in
ove min document accordance with the Trust Deed
Summary
ofthe main
activities
in relation to those
Para 1.17and
1.19		 The Foundation
which
it owns
in		 manages
the properties
accordance
with its
purposes for the public declared objects
benefit,
in		 particular, the
activities, projects or
services identified
in		 the
accounts.
Statement confirming Para 1.18 The Trustees have regard to the Charity
whether
the trustees		 have Commission guidance in carrying out their
had regard to the guidance duties
issued
by		 the Charity
Commission
on public
benefit
Additional information
(optional)
You ma
choose to include		 further statements where relevant about:
SORP reference
Not applicable
Para 1.38
Policy on grant making
Not applicable
Para 1.38
Policy on social investment
including
program
related
investment
Not applicable
Para 1.38
Contribution
made by
volunteers
Not applicable
Other

Achieve ments
and Per		 formance
SORP reference
The Foundation
continues
to provide good
quality accommodation for elderly persons
of appropriate
means		 and circumstances.
Summary
of the main
achievements
ofthe charity,		 Para 1.20 Maintenance,
repair and improvement
issues are dealt with
in connection
with the
identifying the difference the individual
bungalows,		 the estate generally
charity's work has made to and the services provided, as and when
the circumstances
of its		 required.
There have		 been no changes in
beneficiaries
and any wider		 the occupancy
of any		 of the bungalows
benefits to society as a during the year.
whole.
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives		 Para 1.41
set
Investment
performance		 Para 1.41
against objectives
Other

Financ ial
Review		 ial
Review		 ial
Review		 ial
Review		 ial
Review		 ial
Review		 ial
Review
Review ofthe charity's Para 1.21 The Trustees are satisfied ihsat the
financial position at the end Foundation's financial position is (and
ofthe eriod alwa s has been
health
Statement explaining the Para 1.22 Having
regard		 to the number
and		 ages of
policy for holding reserves the Foundation*s
properties,
and		 the
stating why they are held location of its estate on the flood plain and
immediately
adjacent		 to the River Arun, it is
considered
prudent to		 retain sufficient
funds to cover future repairs,
maintnenance, alterations
and
improvements which may be required.
Other contingencies affecting the estate,
such as legal matters, may involve
significant
expenditure.		 It is also
considered
appropriate		 to have reserve
funds to permit additions
to the
Foundation's existing property portfolio, if
the opportunity arises, either by building on
the Foundation's
existing
land		 or by the
urchase ofadditional ro ert
Amount of reserves held Para 1.22 2154,341
Reasons for holding zero Para 1.22 Not applicable
reserves
Details offund materially in Para 1.24 Not applicable
deficit
Explanation of any Para 1.23 None known
uncertainties about the
charity continuing as a going
concern
Additional information (optional)
You ma choose to include further statements where relevant about
Income generated
from properties		 owned
The charity's principal
sources of funds (including Para 1.47
any fundraising)
None apart from investment
in		 the
properties
owned
Investment
objectives		 policy and
including
any		 Para 1.46
social investment policy
adopted
Increased
expenditure		 in repairs and
maintenance bearing in mind the ages of
A description ofthe principal Para 1.46 the properties owned and their location on
risks facing the charity ihe flood plain and proximity to the Riuver
Arun
Other

Description
of charity's
trusts:
Type of governing
document		 Trust Deed
How is the charity Para 1.25 A Trust arising out ofa private Will Trust
constituted?
Trustee selection methods Para 1.25 As provided by the Trust Deed
including
details of any
constitutional
provisions		 e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional
information		 (optional)
You ma
choose to include further statements		 where relevant about
A Guidance Document for Trustees sets
out the criteria to be followed for the
Policies and procedures
adopted for the induction		 Para 1.51 selection of new residents
and training
oftrustees
The chanty's
organisational
structure
and any wider		 Para 1.51
network
with which the
charity works
Relationship
with any		 Para 1.51
related parties
An improved and more detailed form of
Other application for the allocation of vacant
bungalows is now used

Charit
name		 See
a		 e 1
Other name the charit
uses		 Holmes Foundation
Re istered charit number See
a		 e 1
Charity's
principal		 address 12 Merlin Close, Tangmere, Chichester, West Sussex PO20
2WA
Trustee name Office (ifany) Office (ifany) Dates acted ifnot forwhole
ear		 Name
to a		 ofperson (orbody) entitled
oint trustee (ifan
JS Dean Chairman 8 Per Trust Deed
Managing Trustee
2 G TAllen
3 CA Dean Administrator Per Trust Deed
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
ofthe assets		 Not applicable
held
in this capacity
Name and objects ofthe Not applicable
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for Not applicable
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 O
CHARITY COMMISSION
FOR ENGLAND
ANO WALES		 '-""'"
Lilian Holmes Foundation
Receipts		 '-""'"
Lilian Holmes Foundation
Receipts		 '-""'"
Lilian Holmes Foundation
Receipts		 '-""'"
Lilian Holmes Foundation
Receipts		 and payments and payments and payments accounts accounts CC~6a
Forthe period
from		 1stApril 2021 To 31st March 2022
' - -
~ s ~ ~
Unrestricted
funds		 ..Restricted
funds		 Endowment
funds		 Total funds Last year
to the nearest
E		 to the nearest K to the nearest R to the nearest E to the nearest
K
A1 Recei ts
Rent 31,20Q 31,200 3Q,875
Interest 71
Energy account refund 59
u
tota		 ross /ncome or
AR) 31,200 31,200 31,005
A2 Asset and Investment sales,
see table .
u tote
Total receipts 31,200 31,200 31,005
A3 Pa ments
Major Renovations
General Maintenance 9,818 9,818 2,796
Garden Maintenance 2,630 2,630 5,300
Water 8 Drainage 4,923 3,745
Administration 5,000 5,000 5,000
Insurance 1,969 1,969 1,772
Outings
Miscellaneous 1,227 1,227 791
Sub total 25,567 25,567 19,404
A4 Asset and inv~nt
Sub total
Total payments 25,567 19,404
Net ofreceiptsl(payments) 5, 5,633 11,601
A5 Transfers between funds
A6 Cash funds last year end 148,708 148,708
Cash funds this year end 154,341 154,341
~ e s ~
~		 ~
~ ~
Unrestricted Restricted Endowment
Details funds funds funds
to nearest F to nearest K to nearest K
81 Cash funds Lloyds Bank Pic 154,341
Total cash funds 154,341
(agree balances with receipts and payments
account(s))
Unrestricted Restricted Endowment
funds funds funds
Details to nearest
K		 to nearest K to nearest K
82 Other monetary assets None
Details Fund
asset		 to which
belon s		 Cost (optional) Current value
o tional
83 Investment assets None
Details Fund
asset		 to which
belon s		 Cost (optional) Current value
o tional
84Assets retained for the Freehold Bungalows
charity's own use 1-8Fitzalan Road, Arundel, West Sussex
Fund to which Amount due When due
Details liabili relates o tional o tional
85Liabilities None
Signed by one or two trustees on
behalf of all the trustees		 Sign re Print Name Date of
a
roval
James Stewart Dean /Q
6'( g$