## **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