2023-03-31-accounts - Ann Crowe's And Wright's Almshouse Charity

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Trustees’ Annual Report for the period

From: 1 April 2022 To: 31 March 2023

Charity name: Ann Crowe's and Wright's Almshouse Charity

Charity registration number: 279346

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To provide poor persons, who are inhabitants of the Ancient Parish of Enfield, with an almshouse at a modest weekly contribution rate. The charity has a preference to provide some of the almshouses to widows who are not less than 60 years of age.
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	The charity’s main activities are the prevention or relief of poverty through providing an almshouse.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	In determining the charity’s activities, the trustees have had regard to the guidance issued by the Charity Commission on public benefit.

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	During the year the charity was to provide ten almshouses to poor residents in the locality. Also, the trustees were able to maintain these almshouses to ensure they were at an acceptable standard for the residents.

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


Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	During the year, the charity had receipts of £88,891 (2022: £84,812) and expenditure of £36,389 (2022: £77,660). This resulted in a surplus of receipts of £52,501 (2022: £7,152).
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Charity does not have an explicit reserves policy, but looks to retain sufficient funds to meet all expenditure in the foreseeable future.
Amount of reserves held	Para 1.22	At the year end the bank balances amounted to £250,403 (2022: £197,902).
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23

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
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust deed
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Trust as an unincorporated charity.
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	Appointed by existing trustees.

Additional information (optional) You may choose to include further statements	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	Ann Crowe's and Wright's Almshouse Charity
Other name the charity uses
Registered charity number	279346
Charity’s principal address	The Old Vestry Office 22 The Town Enfield EN2 6LT

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Ms SJ Attwood JP	Chair
P Edwards		Appointed on 1 August 2022
J Tanner
Ms S Doran
Cllr H Yusuf
GS Hill
Ms A Whitehorn
JF McGrath
Cllr M Rye
Ms C Byamukama
N Maunder Taylor
J Eustance
C Parker	Vice-Chair
Dr P O' Mahony
R Bourne		Resigned 15 July2022
N Thompson		Resigned 1 August 2023

– 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	Properties at 1-4 Almshouse Lane, Turkey Street, Enfield and 346 – 356 Hertford Road, Enfield.
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects	The Official Custodian for Charities, is registered to the above properties, as custodian on behalf of the trustees of The Old Enfield Charitable Trust (‘TOECT’) (see below regarding the related party transactions). TOECT in turn holds the properties as custodian for the charity.
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets	The properties may not be sold or transferred without the consent of the Charity Commissioners.

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

Related party transaction:

The Trustees confirm that there were no related party transactions during the year, other than the administration charges of £9,474 (2022: £8,974) from The Old Enfield Charitable Trust, a charity in which the Trustees are also Trustees of that charity.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date	Mrs Susan Attwood, JP	Mr Clive Parker
	Mrs Susan Attwood, JP	Mr Clive Parker
	Chair	Vice-Chair

	23 January 2024

Ann Crowe's and Wright's Almshouse Charity No (if any) Receipts and payments accounts CC16a For the period 01/04/2022 31/03/2023 To from

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 79,114 7,574 2,203 - - - - 88,891 - - - 88,891 24,939 9,650 1,800 - - - - - - 36,389 - - - 36,389 52,501 - 197,902 250,403	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 79,114 7,574 2,203 - - - - 88,891 - - - 88,891 24,939 9,650 1,800 - - - - - - 36,389 - - - 36,389 52,501	Last year to the nearest £
Contributions from Occupiers	79,114				77,620
Dividends and Interest	7,574				7,141
Interest	2,203				51
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	88,891				84,812

A2 Asset and investment sales, (see table).
	-
	-				-
*Sub total*	-				-
*Total receipts* A3 Payments
					84,812

Almshouse expenses	24,939				66,626
Administration charges	9,650				9,474
Accountancy	1,800				1,560
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
**Sub total **	36,389				77,660

A4 Asset and investment purchases, (see table)
	-
	-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					77,660

	52,501	-	-	52,501	7,152
	-	-	-	-	-
	197,902	-	-	197,902	190,750
	250,403	-	-	250,403	197,902

CCXX R1 accounts (SS)

Section B Statement of assets and liabilities at the end of the period

Details M&G Investments - CharityMulti Asset M&G Investments - Bolloert's Bequest M&G Investments - CharityAccumulation Details *Total cash funds* (agree balances with receipts and payments account(s)) Barclays Current Account COIF Deposit Account Details M&G Investments - CharityMulti Asset Details Details Land and buildings Mr Clive Parker, Vice-Chair Signature Mrs Susan Attwood, JP, Chair	Unrestricted funds Restricted funds to nearest £ to nearest £ 113,983 - 136,421 - - - 250,403 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) Permanent - Permanent - Permanent - Unrestricted - Fund to which asset belongs Cost (optional) Permanent - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mrs Susan Attwood, JP, Chair Mr Clive Parker, Vice-Chair	Endowment funds to nearest £

		-
		-
		-
		OK
		Endowment funds to nearest £
		-
		-
		-
		-
		-
		-
		Current value (optional)
		8,211
		413
		120,824
		184,659
		Current value (optional)
		2,500,000
		-
		-
		-
		-
		-
		When due (optional)





		Date of approval
Mrs Susan Attwood, JP, Chair	Mrs Susan Attwood, JP, Chair	23/01/2024
Mr Clive Parker, Vice-Chair	Mr Clive Parker, Vice-Chair	23/01/2024

CCXX R2 accounts (SS)

IE

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

ANN CROWE'S AND WRIGHT'S ALMSHOUSE CHARITY

On accounts for the year ended[31 March 2023 ]

Charity no (if any)[279346 ]

Set out on pages 1 to 2 of CC16a form

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2023.

Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation of basis of report the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's I have completed my examination. I confirm that no material matters have statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

accounting records were not kept in accordance with section 130 of the Act; or
the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed: Alfonso Del Basso 23 January 2024 Date: Name: Alfonso Del Basso Relevant professional qualification(s) or body[Chartered Certified Accountant ] Jones Hunt & Keelings, Chartered Certified Accountants and Chartered Tax Address: Advisers, Broad House, 1 The Broadway, Old Hatfield, Hertfordshire AL9 5BG

IER