Willys Almshouse Charity
Report to the Fen Ditton Parish Council Annual Meeting 2025
Trustees & Governance
Serga Collett stepped down as a trustee; Mandy Marson, Ian Griffith, Mike Daniel and Edwin Lee remained as trustees with Nick Moir as ex-officio trustee and chairman (Edwin Lee became chairman at the beginning of 2025).
A full set of appropriate policies is now in place, covering the areas of safeguarding, complaints, investment, financial reserves and financial control. This means we are fully compliant with Almshouse Association and Charity Commission guidelines.
Residents
A new resident was appointed as of 6 May 2024. A resident resigned her appointment as of 31 August 2024; a new resident was appointed as of 1 September 2024.
Finances
The loan from the Alshouse Association has now been fully repaid. Minor works were carried out on the properties. Redecoration of all the outside woodwork is due to commence shortly.
A review of our investment and financial policies has been carried out and financial reserves are being moved to investment and deposit funds in line with our policies.
Nick Moir
Clerk to the Trustees
27 May 2025
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STATEMENT OF ACCOUNTS |
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FOR THE YEAR ENDING 31 DECEMBER 2024 |
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BALANCES BROUGHT FORWARD |
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Bank |
£44,249.67 |
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COIF Deposit a/c |
£3.65 |
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COIF Investment Fund |
£1,563.39 |
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£45,816.71 |
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INCOME |
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Weekly Maintenance Contributions |
£15,390.00 |
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CCLA Deposit a/c interest |
£0.20 |
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CCLA Investment Fund income |
£43.53 |
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£15,433.73 |
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EXPENDITURE |
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Repairs & Renewals |
£5,311.45 |
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Water charges |
£329.64 |
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TV licence |
£0.00 |
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Insurance |
£583.56 |
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Almshouse Association subscription |
£267.00 |
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Maintenance contracts |
£420.00 |
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£6,911.65 |
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£54,338.79 |
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COIF Investment Fund Capital Appreciation |
£35.32 |
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£54,374.11 |
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BALANCES CARRIED FORWARD |
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Bank |
£52,771.55 |
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COIF Deposit a/c |
£3.84 |
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COIF Investment Fund |
£1,598.71 |
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£54,374.10 |
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