## ## ## ## ## |Objectives and|Activitie|s|||||||| |---|---|---|---|---|---|---|---|---|---| |||SORP reference|||||||| |Summary
ofthe purposes of||Para 'l.17|To provide|housing for||persons of|||| |the charity as set out|in its||appropriate|means and||circumstances|||in| |overnin
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|||||||||| ## |||||SGRP 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|||||| ## ||||SORP reference|| |---|---|---|---|---| |||||The Foundation
continues to provide good| |||||quality accommodation
for elderly persons| |||||ofappropriate
means and circumstances.| |Summary
ofthe 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.
A vacancy
in connection
with one| |beneficiaries
and any wider||||ofthe bungalows
has a risen during the| |benefits to society as a||||year, following the death ofthe occupying| |whole.||||resident
The property
in question
has| |||||been fully refurbished
and the Foundation's| |||||procedure
is in process to select a new| |||||resident.
The vacancy has also enabled| |||||certain improvements
to be carried out to| |||||the bathroom
ofone ofthe other occupied| |||||bungalows
by way oftemporary
relocation| |||||ofthe residents| ## |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&||||| |---|---|---|---|---|---|---|---|---|---| |Review|ofthe charity's||||||Para 1.21|The Trustees are satisfied that the|| |financial|position at||||the end|||Foundation's
position is (and always has|| |ofthe period||||||||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, maintenance|| |||||||||alterations
and improvements
which may|| |||||||||be required.
Other contingencies
affecting|| |||||||||the estate, such as legal matters,
may also|| |||||||||involve significant
expenditure.
If is also|| |||||||||considered
appropriate
to hold reserve|| |||||||||funds to permit additions to the|| |||||||||Foundation*s
existing property
portfolio,|if| |||||||||fhe opportunity
arises, either by building|on| |||||||||the Foundation"s
existing
land or by the|| |||||||||purchase
of additional
pro ert|| |Amount|of|reserves|||held||Para 1.22|2164,524|| |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||| |uncertainties|||about the||||||| |charity|continuing|||as a going|||||| |concern|||||||||| ## |The charity's
principal
sources offunds (including|Para 1.47| |---|---| |any fundraising)|| |Investment
policy and|| |objectives including
any|Para 1 46| |social investment
policy|| |adopted|| |A description
ofthe principal|Para 1.46| |risks facing the charity|| |Other|| ## |Description ofcharity's||||| |---|---|---|---|---| |trusts:||||| |Type ofgoverning
document|Para 1.25|Trust Deed||| |How is the charity|Para 1.25|Trust deriving|from a private|Will Trust| |constituted'||||| |Trustee selection methods|Para 1.25|As provided|by the Trust Deed|| |including
details ofany||||| |constitutional
provisions e.g.||||| |election to post or name of||||| |any person or body entitled||||| |to appoint one or more||||| |trustees||||| ## |Policies and procedures
adopted for the induction|Para 1.51| |---|---| |and training oftrustees|| |The charity's
organisational
structure
and any wider|Para 1.51| |network
with which the|| |charity works|| |Relationship
with any related|Para1.51| |parties|| |Other|| ## |Charity name||See page 1||| |---|---|---|---|---| |Other name the chari
uses||Holmes
Foundation||| |Re istered charity|number|See pa e 1||| |Charity's
principal|address|12 Merlin Close, Tangrnere,|Chichester,|West Sussex PO20| |||2WA||| |mes|ofthe charity t|rustees who manage the|rustees who manage the|charity|||| |---|---|---|---|---|---|---|---| ||Trustee name|Office {ifany)||Dates acted ifnot forwhole
ear|Name ofperson {orbody) entitled
to a
int trustee
ifan||| ||JSDean|Chairman|&||Per Trust Deed||| |||Managing|Trustee||||| |2|G TAllen||||||| |3|CA Dean|Administrator|||Per Trust Deed||| |4|||||||| |5|||||||| |6|||||||| |7|||||||| |S|||||||| |9|||||||| |10|||||||| |11|||||||| |12|||||||| |13|||||||| |14|||||||| |15|||||||| |16|||||||| |17|||||||| |18|||||||| |19|||||||| |20|||||||| ## |unds held as cust|odia|n trustees| |---|---|---| |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||| ## ## ## |~
e||4||~|~|e|~||s
~|~
~ s|| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Unrestricted||Restricted|Endowment| ||||Details|||||funds
to nearest
R||funds
to nearest f|funds
to nearest F| |81 Cash funds|||Lloyds Bank Plc||||||164,524||| ||||||Total||cash funds||164,524||| ||||(agree|balances|with|receipts and payments|||||| ||||||||account(s))||||| |||||||||Unrestricted||Restricted|Endowment| |||||||||funds||funds|funds| ||||Detaiis|||||to nearest k||to nearest R|to nearest R| |82 Other monetary assets|||None||||||||| ||||Details|||||Fund
asset|towhich
belon s|Cost (optional)|Current value
o tional| |83 Investment|assets||None||||||||| ||||Details|||||Fund
asset|towhich
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 tionai|o tional| |85 Liabilities|||None||||||||| |Signed by one or two trustees
behalf of all the trustees||on||Signature|||||Print|Name|Date of
a
roval| ||||||||||James Stewart Dean||17-Oct-23| ##