2023-03-31-accounts

Trustees’ Annual Report for the period

From 1[st] April 2022 Period start date To 31[st] March 2023 Period end date

Charity name: Craze Hunkin Almshouse Charity

Charity registration number: 276749

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide affordable homes in St Ives for older people.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	To provide secure, reasonable homes. To collect maintenance charge and maintain properties.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Yes

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	The charity continues to provide affordable housing to 10 households. Following the death of one of our occupants, a full refurbishment has taken place at a cost of approximately £30,000.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	All set objectives have been met.
Performance of fundraising activities against objectives set	Para 1.41	No fundraising activities were set. Good housekeeping was maintained over collection of the maintenance charges
Investment performance against objectives	Para 1.41	No investment targets were set for this year. The increase in bank interest is noted and welcomed.
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	At the meeting of 30thMay 2023 EOY Finance report was accepted.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Reserves are held for property maintenance and future development.
Amount of reserves held	Para 1.22	£183,648.39
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The appointment of new trustees have ensured the charity continuing as a going concern.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Income from Maintenance Charges
Investment policy and objectives including any social investment policy adopted	Para 1.46	The reserves are at a level that the trust feels an expansion of our property portfolio is warranted.
A description of the principal risks facing the charity	Para 1.46	After reviews from the board no principle risks are seen as facing the charity.
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25
Trustee selection methods 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	Para 1.25

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Craze Hunkin Almshouse Charity
Other name the charity uses
Registered charity number	276749
Charity’s principal address

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	Andrew Mitchell	Chairman	30thMay2023	Board
	Suzanne Tanner	Secretary	30thMay2023	Board
	Linda Holmes	Treasurer		Board
	Andrew Stevens			Board
	Nicholas Stevens			Board

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of	Name	Address
**adviser **

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations Tho trusteos dKlar• that thoy have approved the truste•s' report above. Sign•d on behalf of th• charity's tru SIgna￿r•{sI Full namelsl Position lèg Socrntary. Chalr, gtcl Andrew Mitchell Chaimian Dats 13

CRAZE AND HUNKIN ALMSHOUSE CHARITY Receipts and Payments account for Year ended 31st March 2023

Opening Balances

Opening Balances
Current a/c C O I F a/c Rental Income Tremar 1 Brymeade 2 Brymeade 3 Brymeade 4 Brymeade 5 Brymeade 1 Fernglen 2 Fernglen 3 Fernglen 4 Fernglen Investment Income Deposit Interest	22253 157565 179818 4260 4370 3562 3712 4324 4330 3709 3574 3927 2800 38568 2794 2794 221180	Expenditure Repairs and renewals Garden Maintenance Window Cleaning Electricity Subscriptions Insurance Postage & Stationery Audit donation Solicitors Fees Bank Charges Survey Advert Closing Balances Current a/c C O I F a/c	31059 1910 456 289 196 1527 81 0 900 95 1000 19 37532 23289 160359 183648 221180
				221180

Accounts prepared by L Holmes (Treasurer) Accounts audited by Hudson Accounting