2024-03-31-accounts

CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the perlod From 1st Aprll 2023 parlod stsrt dats to 31•t March 2024 period end date Charfty name: The Lilian Holmes Foundation Charity registration number: 274917 1. Objectives and Actlvltles SORP rvforBn Summary of the purposes of the charity as set OLrt in its ovemin document Summary of the main activiti8s in relation to those purposes for the public nefit, in particular, the activities, projects or services identified in the accounts. Statement confinning whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit P•r• 1.17 To provide houslng for persons of appropriate means and circumstanc0• In accordancè wfth thè Trust Dead The Foundation managès tho prop8rt189 whlch It own8 In accordanco wlth Its declared objects Parn 1.17 arKI 1.19 P•r• 1.18 The Trustee8 have rogard to the Charlty Commlsslon guidance In carrying out thelr dutles Addltlonal Inforniatlon loptlonal} You ma choose to include further statements vh)ore relevant about.. SORP rBlw•n Not appllcable P•r• 1.38 Policy on grant making Not appllcable P*rn 1.38 Policy on social investment including program related investment Not appllubl• P•rn 1.38 Contribution made by volunte8rs

Not appllcabl• 2. Achievements and Perforniance SORP r¢fer¢nc• The Foundation continues to provide accommodation to a high standard for aldorly persons of appropriate means and circumstances. Maintenanco, repair and Improvement issues are deatt with in connection with th8 indfvldual bungalows. tho ostats gonerally and tho servlc88 provided. as and when r￿UIred. The Trustsos are fortunate in having a number of local contractors who d•al wlth such matters promptly, rellably and efflclenlly a$ and when r•qulréd. and. most Importantly. who have the trust ol th• residents. The vacancy rnfeyrod to In last years report r•maln$ to be fllled for varlous reasons. Including those mentioned In that reporL atthough ft Is hoped to flll the vacanc shorti Summary of the main achievements of the charity. identifying the difference the charity's work has mad8 to the circumstances of its beneficianes and any WKl8r benefrts to society as a whole. P*rn 1.20 Addltlonal Informatlon {optlonal You ma choose to include further statements where relevant about: Achievements against obj8CtiV88 Set Parn 1.41 Performance of fundraising activities against obj8Ctive8 Set Parn141 Investrnent performance against objedives Para 1.41 Other

1. Financial Review Review of the charity's financial posrtion at tho and of the period Parn 1.21 The death of a tenant has resulted In r•duced rental incomo r•ceivod. This. together with expenditure in major renovations and general maintenance issués has resulted, unusually. in expendituro exceoding that of Incomo for the year. The Trustees are nevertheless satisfied that the Foundatlon's finan¢lal positlon remalns ve heafth Having regard to the number and ages of the Foundation's properties, and the location of its estate on tha flood plain and Immedlately adjacent to the Rlvar Arun. It is congidered prudent to hold sufficlènt funds to cover futuro repairs, malntenance, alterations and Improvements which may be required. Th• Sltuallon as descrlbed above Is an example of thls. Othèr contingencle affecting the eslate, such as legal matters, may also Involve slgnlfi¢ant expenditure. It 1$ also consldered appropflate to hold reserve funds to pernilt addltlons to the Foundatlon's portfolio, If tho opportunity arises, either by buildlng on tho Foundatlon's exlstlng land or by purchase of additional ro £140,249.00 Not appllcable Statement explaining the policy for holding reseNes stating why they are held P•rn 1.22 Amount of reserves held Reasons for holding zero r8S8rves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem P•r• 1.22 P•r• 1.22 Pra 1.24 Not appllcabl• P•rn 1.23 Nono known Addltlonal Inforniatlon (optlonal) You ma choos8 to indude further statements where relevant atx>ut'. The charity's principal sources of funds (including any fundraising) Pw• 1,47 Investment policy and objectives includlng any social investment policy adopted P•rn 1.46

A description of the prinopal risks facing the charity Para 1.46 Other

1. Structure, Governance and Management Deacription of charity's trusts. Type of governing document ,arter AS provld•d by Its g¢>v•rning Trust Dèed Para 1.25 How is the charity constituted? le g unincorporated pa￿ 1.25 Trust under a private Will Trust Trustee selection methc*Js 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 Parn 1.25 As provided by the Trust Deed Addltlonal Inforniatlon (optlonal) You ma choose to indud8 further statements where relevant at)out: Policies and procedures adopted for the induction and training of trustees Parn 1.51 The ¢harity's organisational structure and any wider network with which the charty works Para 1.31 Relationship ￿ryth any related parties Pw• 1.51 Durlng the last yoarn, attempts hav• baèn made by third party •ctors wlshlng to tske over the Foundatlon's estate for th•lr own purposes and to the possibl• prejudic• of th• provlslons of tho Trust Deed under whlch th• Foundatlon constI￿ted. ft l• Important that th• Foundatlon rnmalns an Indèpendént •ntlty and these attompts have been and wlll be reslsted. other
2. Reference and Admlnlstratlve detslls Char name Other name the chari istered chari number Holmes Foundatlon

Charity's prinapal address 12 Merlin Close. Tangmerè. Chichostsr, West Sussex. P020 2WA

Names of the charity trustees who manage the charity Date8 act•d If not for whol• Trustèè nam8 Office {rf¥ny) Ilam• of PWBon lor body) enthled rfan JSDoan Chainnan & Managing Trustee Administrator Per Trust Deed CADean G T Allen Per Trust Deed 10 12 13 14 15 16 17 18 19 20 orate trustees - names of the directors at the date the re Dlr•ctor nam• rtwasa Name of trustees holdlng title to propety belonging to the charity Tru•to• nam• Mayor, Aldèmion & Burgesses of the Borough of Arundel D•t4• *ctsd ff not for ¥rt

1. Funds held as custodian trustees on behalf of others Descripb'on of the assets Not applicable held in this capacty Name and objects of the charity on whose behalf the assets are held and how this falls within the wstodian charity's objects Not appllcable Details of arrangements for safe custody and segregation of such assets from th8 charity's own a88et8 Not Applicable Addltlonal inlorniation (optional Names and address88 of advlsers (Optional informatlon} Typo of Name Address adviser Name of chlef ox0CUtlve or names of senlor staff member• IOpUonal InfomMtlon)
2. Examptions from disclosure Reason for non4isdosure of ke rsonnel detai18
3. Other o tional infonnation

Declarations The trustees declare that thoy have approved tho trustees. rnport abov•. Signed on behalf of the charl '$ trustees Slgnaturn(s) Full name(sl Po8ltFon (eg Secretary, Chair. etc) es Stewart Dean hairnian Date 14 January 2025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinevs Report Report to the trustees THÉ LILIAN k)yNJOAfflo￿j 3 ISE ff￿(ch 101 Charty no Ilf anyl 2Trwg 17 On accounts for the year ' Set out on pages I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for the year ended As the charity's trustees. you are responsible for Ihe preparation of the accounts in acwrdance with the requirements of the Charities Act 2011 I'the Acr}. I report in respect of my examination of the Trust's accounts carned out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under sedion 14515){b) of the Act. Responsibllities and basis of report Independent ￿he charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed b￿yll. Delete [ l rfnot applicable. I have cx)mpleted my examination. I confimi that no material matters have come to my attentr.on in connection with the examination (other than that disdosed bel(M ") which gives me cause to believe that in, any m*erial respect. Ihe accounting records were not kept in accordance wtth section 130 of Ihe Charities Ad., or the accounts did not aLrord with the accounting records: or the accounts did not comply with the applicable reqU1￿MentS conceming the fomi and content of accounts set out in the Charities {Accounts and ReF(Jrts) Regulations 2008 other than any requirement that the atxounts give a Irue and fairf view which is not a matter considered as part of an independent examination. have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the acc£¢unts to be reached. ' Please delete the wortls in th8 brad(ets if they do not apply. Dats: Signed: 25 Name: i PÉfeR f C eRIcL I tyj ChaCt&ed Cecb&£c.l AcLcunbor)E Relevant professional qualificatlonlsl or body IER Oct 2018

(if any): Address: l ffiacihciLI FkneAue is LJest &)SSe4 olj IT Section B Disclosure Only complete rf the examiner needs to highlight material matters of concem (see CC32, Independent examination of charity accounts. directions and guidan￿ for examinefs). Glve here brief details of any items that the examiner wishes to disclose. IER Oct 2018

Recei tsand ents accounts CC16a Fortt* pw1od To 01 r-23 31-M•r-24 Section A Receipts and payments fur fvnd• TtY•l lund• L•¥1 A1 Recel Rent 31 AR) 27J70 31. 20.183 Gard•n m8inwn¥K• WAtor & dr81 Adminisb7ti Inwr8r Outhnlls 41 2.721 ni Sub total 01M4S 21M17 A4 A•8•t InvMtm•nt Subts 61.114S 51.84$ 21.017 2437 8,633 AS Tran•f•rn boiw••n fund• A6 Ca•h fund• l••t year •nd Cash funds th18 yw•nd 140 140,249 CCXX R18c&iunts ISSI I￿12r2￿24

Section B Statement of assets and liabilities at the end of the period Unresirfcted Endowment Categories lletails B1 Ca•h fund8 140349 140,249 fund• fvnd$ D•tall¥ FwxltrwI Cun•rt Detsll¥ Furbd tOTh*h CuYr•rf v•1 4 A•••ts r•t•lfi￿ for th• charlty'• own u•• Fwrtito whlcb D#tsll• 85 Llabllttl Sl3n•d by om ¢xtswJ tru8tw• on Ptht Nama 1>￿24 CCXX R2 ISS) 13112r2U24