2023-04-05-accounts - The Worboys Court Trust

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	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	Trustees' Annual Report	for theperiod	for theperiod	for theperiod
	From	Period start date			To	Period end date
		Day 06	Month April	Year 2022		Day 05	Month April	Year 2023

Section A Reference and administration details

Charity name THE WORBOYS COURT TRUST

Other names charity is known by

Registered charity number (if any) 298496

Charity's principal address

C/o Tees John Street Royston, Hertfordshire Postcode SG8 9BG

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Charles-Francis PAGET-WILKES	Trustee	6 April 2022 – 13 February2023	Charles Francis PAGET- WILKES
BarryJohn HOLME	Trustee		BarryJohn HOLME
Pamela Elizabeth Rosina PARKER	Trustee		Pamela Elizabeth Rosina PARKER
Dennis George TEAR	Trustee	13 February 2023 – 5 April 2023	Dennis George TEAR

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

April 2009

TAR

Names and addresses of advisers (Optional information)

Type of adviser	Name Address	Name Address
Solicitor	Natalie Lisa Ruth Liversidge	C/o Tees John Street, Royston, Hertfordshire SG8 9BG

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

Section B Structure, governance and management

Description of the charity’s trusts

Type of governing document

(eg. trust deed, constitution)

How the charity is constituted

(eg. trust, association, company)

[Trust]

Trustee selection methods

(eg. appointed by, elected by)

[By Trustee Group]

Additional governance issues (Optional information)

The Charity is for the benefit of the Parish of Guilden Morden.

You may choose to include additional information, where relevant, about:

The Trustees are selected from either the residents of Guilden Morden or from those that have a close connection with the village.

policies and procedures adopted for the induction and training of trustees;

The solicitors Tees of John Street, Royston, Hertfordshire SG8 9BG have been appointed by the Trustees. Their duties are to manage the collection of rents, discharge all maintenance costs in respect of the properties including all financial charges.

the charity’s organisational structure and any wider network with which the charity works;

To keep proper books of accounts and records as well as the Trustees decisions and resolutions.

relationship with any related parties;

parties; Trustees meet between 2 and 4 times a year to discuss the housing stock and the Charities ongoing business. Additional meetings are held if a  trustees’ consideration of house becomes available and a new tenant has to be considered. The major risks and the system vacancy is made widely known to parishioners of Guilden Morden. and procedures to manage Selection is made on the basis of financial need and connection to the them. village. If there are no suitable candidates the offer is made to a wider market on a commercial basis.

Section C Objectives and activities

April 2009

TAR

----- Start of picture text -----
Providing affordable accommodation in the Parish of Guilden Morden.
Summary of the objects of the
charity set out in its
governing document
Maintenance of housing stock.
Summary of the main
activities undertaken for the
public benefit in relation to
these objects (include within
this section the statutory
declaration that trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit)
Additional details of objectives and activities (Optional information)
----- End of picture text -----

April 2009

TAR

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

April 2009

TAR

Section D Achievements and performance

Summary of the main Continued upgrading and ongoing maintenance of properties. achievements of the charity during the year

Section E Financial review

April 2009

TAR

Brief statement of the charity’s policy on reserves

Modest reserve for emergencies. Reliance placed on rental receipts covering ongoing maintenance.

Details of any funds materially in deficit

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the charity’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G Declaration

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

Signed on behalf of the charity’s trustees

Signature(s) Full name(s)[Natalie Lisa Ruth Liversidge] Position (eg Secretary, Chair, SOLICITOR ACTING ON BEHALF etc) OF THE TRUSTEES Date 15.01.2024

April 2009

TAR

In the Trust of ALBERT FREDERICK WORBOY5 THE WORBOYS COURT FUND A REGISTERED CHARITY Charity No 298496 Accounts to 5 Aprll 2023 We hereby approve these accounts BARRYJOHN HOLME PAMELA ELIZABEfH ROSINA PARKER DENNIS GEORGE TEAR

page I THE WORBOYS COURT FUND A REGISTERED CHARITY Charity No 298496 The late Albert Frederick Worboys who passed away on the 2nd October 1985 set aside a significant sum of money with a view to constructing three bungalows. It was Albert Frederick Worboys, wish that the current trustees of the Charity should have an unfettered discretion to choose any prospective occupier of the bungalows, once constructed, but due regard should be had by the trustees that each dwelling should be used to house one family, the principal member of which shall be poor and/or infirm. In selecting such a family the trustees should have a preference for the late Albert Frederick Worboys. employees or former employees, or the wives of former employees, or former employees of the business that he and his late brother ran in the village, but in default of any such person, as a second preference, any person who rendered assistance to Albert Frederick Worboys after the demise of his brother. and thirdly in default of such persons, anyone who in the opinion of the current trustees have or have had Substantial connection with the village of Guilden Morden. The current trustee5' discretion is absolute and unfettered and their decisions are final and binding upon all parties concerned. Occu Cate or Someone who is poor and/or infirm and has a substantial connection with Guilden Morden. Cate Poor and substantial connection with Guilden Morden. Cate Substantial connection with Guilden Morden Upon application by the trustees power was given to the aforesaid trustees of the Charity to acquire a freehold property for the purposes of the Charity, such propertie5 a5 are within the Charity may be occupied by persons not necessarily members of the same family and trustees may make grants of money to provide or pay for goods, services or facilities or make grants of monies to other persons or bodies who provide good services or facilities to those eligible for assistance and are the objects of the Charity.

THE WORBOYS COURT FUND page 2 Capltal account for the year ended 5 April 2023 Value of fund brought forward 2,862.24 Value of fund carried forward 2,862.24 Made up I Worboys Court Guilden Morden 2 Worboys Court Guilden Morden 3 Worboys Court Guilden Morden 16 Church Street Guilden Morden 20 Church Street Guilden Morden 48 Fox Hill Road Guilden Morden Cash in hand contra contra contra contra contra contra 2.862.24 2,862.24

THE WORBOYS COURT FUND page 3 Income account for the year ended 5 April 2023 Property income I Worboys Court Guilden Morden 2 Worboys Court Guilden Morden 3 Worboys Court Guilden Morden 16 Church Street Guilden Morden 20 Church Street Guilden Morden 48 Fox Hill Road Guilden Morden 8,970.00 7,590.00 7.890.00 4,100.00 8,010.00 7,890.00 44,450.00 Interest and other income Payment in lieu of interest 219.23 219.23 Less Tees costs lincl. VATI Taylor & Co costs lincl. VATI 10,440.00 330.00 110,770.00) Net income for the year 33,899.23 Income in hand brought forward from last year 5,857.34 Net income for the year carried fonvard to page 4 39,756.57 These are the rent payments expected, but the tenant at 16 Church Street is in arrears. At 5 April 2022 the arrears were £2,837.14. The tenant died on the 27 July 2022, at which point the arrears were £1.235.96.

THE WORBOYS COURT FUND In¢ome a¢¢ount for the year ended S April 2023 page 4 Net income for the year brought foThvard from page 3 Less 39,756.57 Apr-2022 Plumbing New oil tanks Jun-2022 New oil tanks Jul-2022 Clear drain5 Repair gutter and eaves Clear bricks Sep-2022 Advert Decorating Cleaning Appliances E-on electricitv Ball valve Oct-2022 Insurance Electrical works E-on electricity Loft insulation Nov-2022 Advert Plumbing E-on electricity Heating panels Dec-2022 Advert Street light timer E-on electricity Jan-2023 Electrical consumer Repair front door Boiler repairs E-on elertri¢ity Stuart Hulk5 Feb-2023 Boiler service E-on electricity Air vent Spare keys Bathroom flooring Mar-2023 E-on electricity Replace lock Apr-2023 Oven replacement Towel rail replacement 2 Worboys Court 1 & 3 Worboys Court 1 & 3 Worboy5 Court 2 Worboys Court 3 Worboys Court 3 Worboys Court 16 Church Street 16 Church Street 16 Church Street 16 Church Street 183.36 1,800.00 1,800.00 186.00 378.00 192.00 174.84 2,400.00 194.00 821.00 421.72 70.00 2,122.12 547.70 18.73 120.00 349.68 210.00 38.60 820.00 174.84 130.00 19.99 550.00 75.00 508.80 24.39 1,440.00 180.00 22.97 50.00 9.00 300.00 20.30 loo.00 365.00 402.00 16 Church Street 16 Church Street 16 Church Street 16 Church Street 48 Fox Hill 16 Church Street 16 Church Street 2 Worboys Court All properties I Worboys Court 16 Church Street 16 Church Street 16 Church Street 3 Worboys Court 16 Church Street 48 Fox Hill 117,220.041 Mortgage payments- 48 Fox Hill Road Mortgage payments- 16 Church Street 5,959.60 6,480.00 112,439.601 Net income in hand for the year 10,096.93

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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Worboys Court Trust Fund On accounts for the year ended 5 April 2023 Charlty no (if any) 298496 Set out on pages Pages 1 and 2 I report to the trustees on my examination of the accounts of the above charity {°the Trust") for the year ended 0510412023. Responsibilties and basls of report As the charity's trustees, you are responsib18 for the preparation of thg accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act"). I report in respect of my examinalion of the Trust's accounts carried out under section 145 oflhe 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examinatlon by being a qualified rnember of linsert name of applicable listed bodyll. D8lete [ l if nol applicable. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination (other than thal disclosed below ') which gives me cause to believe thal in, any material rèspect.. the accounting records wère not kept in accordance with section 130 of the Charities Act. or the aGcounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other Ihan any requirement that the accounts give a 'lfue and fairf view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in ordèr to enable a proper understanding of the accounts to be reached. PJeas8 delete the words in the brackets if they do not apply. Signed: Date: Name: Colin Dennis Relevant professional qualificatlon(s) or body Association of Chartered Certified Accountants IER Oct 2018

{If any): Addrèss: The Sycamores 43 Kneesworth Street Royston Hertfordshire SG8 SAB Section B Disclosure Only Gomplete if the examiner needs to highlight material mallers of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners}. Give here brlef details of any Items that the examiner wlshes to disclose. IER Oct 2018