Company Registration No. 02670888 R¢gIsted Clwity No. 1019213 Airedale Homes Project (A company limited by guarantee) UNAUDITED FINANCIAL STATEMENrs for the year ended 31 March 2025
DIRECTORS Mrs M M Jackson Mr A J Macpherson Mrs T A Smith Mr B W Jenkins Mr D Pickles REGISTERED OFFICE 240 Skipton Road Keighley BD20 6AS SOLICITORS Gordons LLP 14 Piccadilly Bradford W¢st Yorkshire BDI 3LX BANKERS Virgin Money Online Banking ACCOUNTANr Beld¢nn Limited Unit Al Empir¢ House I l Mulcture Hall Road Halifax West Yorkshir¢ Hxi ISP
Airedale Homes Project TRUSTEES REPORT For the year ended 31 March 2025 The Directors present their report and the fmancial statements of Airedale Homes Project for the year ended 31 March 2025. PRINCIPAL ACTIVITIES The charitable company ("the company,) is a self supporting association which operates within the administrative area served by Airedalc Health Authority and Bradford Care Trnst to provide support for those experiencing mental health difficulties through the provision of supported accommodation. The company is governed by the management committee in accordance with its memorandum and articles of association and a statement of intent. The management committee has overall responsibility for the operation of the company. Trustees are appointsd by majority vote of the management committee considering eligibility and personal competence. Trustccs are encourag¢d to seek appropriate training if necessary and ncw trustees are inducted into the workings of the charity by meeting with other trnstees. OBJECTIVES When planning objectivcs for the year, the trustees consider thc Charity Conlmissioner's guidallce on public benefit. Th¢ object of th¢ association is the assistance of ils clients who, because of their mental condition, unablc to support th¢mselve8 and who are in serious nccessitous circumstances. Clk¢nts are rcferred by stak¢holdcrs including the local hcalth authorily and social s¢rvices. ACHIEVEMENTS AND PERFORcE Airedale Homes Project providcs supported housing acconllnodation to adults rccovering from severe and enduring mentsl health Illness. W¢ enable s¢rvice uscrs to develop their own s¢lf-care and daily living skills such as shopping, cooking and budgcting so they might bcttcr manage when they return to independent living. We do howevcr have a small number of tenants who have spent considerabl¢ time with our Projcct and a unlik¢lylunablc to managc without thc iiTr¢ of support we can offer and therc are few similar resour$ available. Thc prOjt cuentlY provides supported accon]modation in property located in North and West Yorkshir¢. During the year we acted as Managing Agents for one 'Places for Peopl¢, Property in West Yorkshir¢. AHP owns l Brougham Street Skipton. 240 Skipton Road Keighlcy 8nd three independent flats attached to Iliv¢rsedg¢ K¢ighl¢y. We also leas¢ a Property, 3 Belave Road, from 'Incommuniti¢s'. Net ¢xpenditur¢ for th¢ y¢ar amounted to £13,221.
Airedale Homes Project TRUSTEES REPORT For the year ended 31 March 2025 RESERVES POLICY The manage]nent committce have established a policy whereby the unrcstricted funds not committed or invested in tangible fixed assets held by the charity, should be deposited in a reserve fund. Unrestricted funds at 31 March 2025 stood at £509,069 (31 March 2024 £522,291). INVESTMENT POLICY The management committee has considered the most appropriate policy for investing funds and COIF Charity Deposit Fund meets the needs of the company most appropriately. The management commlttee considcr the return on investtncnts to be satisfactory. PLANS FOR THE FUTURE Following a business consultancy excrcise with the Cranfield Trust and negotiations with Places for People who part own a substantial part of our propety Portfolio, th¢ Trustees concludedthat Air¢dal¢ Homes Project was not a viable busincss in the long¢r terni. A decision was mad¢ to start winding up the charitable company. Wc have now ¢nt¢red into a piecemeal process of transferring our tenants to other adult social care providers and are in the process of disposing of our prop¢rty assets to othcr 'not for profit, service provid¢rs. Wc hope to conclude this process befor¢ the end of 2025. RISK REVIEW Th¢ managcm¢nt committee has conducted its own review of th¢ major risks to which the company is exposed and systems have been established to mitigate thos¢ risks. The Safeguarding of thc vulnerabl¢ adults for whom we provid¢ Supported Accommodation is a priority, and adequate Policies and ProceduS are in plac¢ to ensure that we meet all relevant requircments. Inco]ne sources continue to bc a combination of State Funding through Local Authority Housing Benefits and Service User's contributions to R¢nt/Charges. Thc Managcmcnt Committee are confident that with fjnancial prudcnce the current s¢rvicc provision call be maintained. Internal risks ar¢ minimised by the implcmcntation of procedurcs for authorisation of all fmancial transactions and a continuing effort to achiev¢ the desired Quality Ben¢]arks10UtComeS for the S¢rvice Provision. DIRECTORS M¢mbers of the management committ¢¢, who ar¢ directors for the purpose of Company Law, and trustees for the pUose of charity law who served during the year, ar¢ detailed b¢low'. Mrs M M Jackson Mr A J Macph¢rson Mrs T A Smith Mr B W Jenkins Mr D Pickles
1£ ructie nomes Plojeci TRUSTEES REPORT FOT the year ended 31 March 2025 COMPANY MEMBERS Memb*Y¢_ ofthe porypanv all of whoTV. dirptnrt uJi2wntee to coptrihute an imoijnt nnt exeppAinir f ! to the &ssets of the cEIble company in the event of a windin8 up. Th¢ lotsi number of such gu&r3mtees at 31 March 2025 was 5 (2024:S). By ord¢r of the board Dsrector and ThL£¢ee 16 (ktober 2025
Airedale Homes Project DIRECTORS, RESPONSIBILITIES IN THE PREPAIL4TION OF FINANCIAL STATEMEKrs Company law requires the Directors to prepare fmancial statements for each fmancial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources, including income and expenditure, for the fmancial year. In preparing those fmancial statemcnts, the Directors should follow best practice and: select suitable accounting policies alld then apply them consistently. mak¢ judgments and accounting eslimates that are reasonable and prudent. prepare the f]nancial statements on the going concern basis unless it is not appropriate to presume that the company will wntinue in business. The Directors are responsible for keeping proper accounting records which dksclose with reasonable accuracy at any time th¢ fall¢la1 position of the charitablc company and to enable th¢m to ensure that the fmancial staiemcnts comply Thith the accountÈng requiremcnts of gcction 396 of th¢ Companies Act 2006 and with the methods and principles of the stat¢ent of Rcco]nmended Practice: Accounting and Reporting by Charities. The Dircctors are also responsiblc for safeguarding the assets of thc charitable company and for the prevention and detection of fraud and other i¢guLarItieS.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AIREDALE HOMES PROJECT I report on the accounts of the company for the year ended 31 March 2025, which are set out on pages 8 to 15. Respective responsibilities oftrzlstees and examiner The trustees (who are also the directors of the company for the purposes of cojnpany law) are responsible for the preparation of the accounts. Th¢ trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and have opted for an indeEndent examination. I am qualified to undertake the examination by bcing a qualified member of the Institute of Chartered Accountants in England & Wales. Having satisfied mysejf that the clwity is not subject to audit under company law and is ekigible for independent examination, it is my responsAbility to.. examine the accounts under scction 145 of the 2011 Act. to follow the procedures laid down in thc g¢neral Directions given by the Charity Commisskon under scction 145(5)(b) of the 2011 Act" and to state whcth¢r particukar matters have come to my attention. Basis ofindepeF7dent examiner s report My examination was caTri¢d out in accordance with the gcncral Dircctions giv¢n by thc Charity Commission. An examination includcs a review of the accounting rccords kq)t by the charkty and a comparison of the accounts presented with thosc records. It also includes consideration of any unusual itcms or disclosures in the accounts and sKking cxplanations from you as trust¢¢s concerning any such matters. The proc¢dures undertaken do not providc all the evidcnce that would b¢ required in an audit and consequently no opinion is given as to whether th¢ accounts present a 'trnc and fair view, and thc report is limited to those mattcrs set out in the staicmcnt below. Independenl ex(miner's statement Your attention is drawn to th¢ fact that thc charity has preparcd the accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) in prefercnce to th¢ Accounting and Reporting by Charities.. Statement of Recommended Practice issu¢d on l April 2015 which is ref¢rr¢d to in the extant regulations but has be¢n withdrawn. This has been done in order that the accounts provide a true and fair vkew in accordance with the Generally Acc¢ptsd Accounting Practice for reporting periods beginning on or after l January 2015.
In connection with my ¢xaminalÉon, no matter has come to my attention: (l) which gives me reasonable cause to believe that in any material resEKct the requirements.. to keep accounting records in accordanc¢ with section 386 of the Companies Act 2006" and to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Colnpanies Act 2006 and with th¢ methods and principles of the Statem¢nt of Recommended Practice.. Accounting and Reporting by Charities have not been met. or (2) to which, in my opinion, attention should be drawn An order to enable a proper undwstanding of the accounts to be reachcd. Jam¢s Bell Unit Al Empirc House I l Mulcture Hall Road Halif&x West Yorkshire HXI ISP 16 October 2025
Airedale Homes Project STATEMENT OF FINANCIAL ACTIVIT]ES (INCLUDING tNCOME AND EXPENDITURE Accouwr) For the year ended 31 March 2025 Notes 2025 2024 Unrestrictsd Unrestricted Funds Funds INCOME FROM.. Charitable activities Investtnent income 210,876 3,316 222,034 3,105 TOTAL INCOMING RESOURCES 214,192 225,139 EXPENDITURE ON. Charitable activities 224,127 218,736 TOTAL RESOURCES EXPENDED 224,127 218,736 NET MOVEMENf IN FUNDS (9,935) 6,403 TOTAL FUNDS BROUGHT FORWARD 522,291 515,888 TOTAL FUNDS CARRIED FORWARD 512J56 522.291 Th¢ statem¢nt offmancial activiti¢s includes all gains and losses in th¢ ycar. All ill¢oming r¢sour¢¢s and r¢sourc¢s exp¢nd¢d d¢riv¢ from continuing charitabl¢ activities.
Airedale Homes Project BALANCE SHEET as at 31 March 2025 Cotnpany Rcgisiration No. 02670888 Noles 2025 2024 FIXED ASSETS Tangible assets 321,557 332,425 CURREwf ASSETS Debtors Short terni dcposits C&sh at bank and in hand 16,623 69,891 114,205 22,454 66,592 Ili,350 10 200,719 204,396 CREDITORS: AmoEthts falling due within one year 11 (9,920) (14,532) NET CURRENT ASSETS 190,799 189.864 NET ASSETS 512,356 522,290 FUNDS UNRESTRICTED FUNDS 512,356 522,290
Airedale Homes Project BALANCE SHEET ag at 31 March 2025 ComF4lly RegIStrlon No. 02670888 For the year ended 31 March 2025 the company was ¢ntitl¢d to the exemption from the requirement to have wdit under Section 477 of th¢ Companies Act 2006. No noti¢e has been deposited with the company under Section 476 of that Act requiring an audit io be carried out. The directors knoW[edge tt]r responsibility for.. & Ensuring the ¢ompany ke¢ps accounting re¢ord8 which cornply with Sections 386 and 387 of the Companies Act 2006 and b. Preparing financial statements whtch give a true fair view of the stste of affairs of the company as at the end of ea¢h financial year and of its r¢sult for ihe year then ended in aOrdanCe with the requirements of Sections 394 and 395. and whi¢h othenvise Comply w¥th the requirements of the Companies Act 2006. so far as th¢y are applicable to the company. The fll]ancxal staternents have been prepared in aecordanee with the Financial Reporting Standard 102 (stiOn IA). These accounts have teen prepared in accordance with the provisions appli¢able to companies subje¢t to small companies r¢gime. The fina1#1 statements on pages 7 to 15 were approved by the board of dir¢ctors and authorised for issue on 5 June 2025 and ate signed on its behalf by. MrB W3¢ Tr1 and ins tor io
Airedale Homes Project AcCouwrG POLICIES BASIS OF ACCOUNTING The fllwicial statements have been prepared in accordance with the State]n¢nt of Recommended Practic¢ applicable to charities preparing their a¢¢ounts in accordance with Financial Reporting Standard 102 (Section IA). FUNDS ACCOUNTtNG Unrestricted funds arc available for use at the discrction of the trustees in furtherance of the general objectives of the charity. tNCOMING RESOURCES All incoming resources a included in the Statement of Financial Activities wh¢n the charity is entitled to the incom¢, r¢ccipt is probable and its amount can bc m¢&8ured r¢liably. RESOURCES EXPENDED Expenditure is recognised when a constrnctive obligation has arisen, it is more likely than not that payment will b¢ r¢quired, and the amount can bc mcasur¢d r¢liably. All expenditure includ¢s attributable VAT which cannot be fuEly cOVed. Charitable expenditllre comprises those costs incurred by the clwtty in the course of its activities and s¢rvic¢s for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indiCt nature to support th¢m. TANGIBLE FIXED ASSETS Tangiblc fixed asscts are stat¢d at historic cost. Dcprcciation is provided on all tangkble assets at rates calculated to write down each asset to its cstimatcd r¢sidual value at the end of an assets usefid life. The annual rdtcs of depreciation arc.'_ Freehold propcrty Expenditure on leasehold property Equipment, fiXtses and fittings Computers 2% oncost 5% oncost 25 % on cost 33 113 % on cost
Airedale Homes Project SCHEDULE TO THE FINANCIAL STATEF¥[s for the year ended 31 March 2025 I. COmE Rent receivable includes tenant service charges and housing benefit. INVESTMENT INCOME 2025 2024 Income fro current asset Anvesttnents 3,316 3,105 ANALYSIS OF RESOURCES EXTrENDED 2025 Total 2024 Tolal Siaffcosts Other cosls Depreciation Charitable expenditure Provision of housing Support costs 56,696 38,249 108,391 9,923 10,868 175,955 48.172 171,110 47,626 94,945 112,681 10,868 224,127 218,736 NET INCOMING RESOURCES 2025 Total 2024 Total Nct incoming resourccs is stated after charging.. Depreciation Independcnt ¢xan]ination fees Other taxation and accountAng services 10,868 700 1,100 10.868 700 1,110 12
Airedale Homes Project SCHEDULE TO THE FINANCIAL STATENNTs for the year ended 31 March 2025 EMPLOYEES The average number of persons employed by the company during the year was.. 2025 2024 Support workers Other staff Stsff costs for the above persons were.. Wages and salari¢s Social security costs Pension costs 93,455 82,506 1,490 1,679 94,945 84,185 DIREcfoRS In accordance with the company's Memorandum of Association the directors do not r¢cciv¢ remuneration. TAXATION The charitable company is exempt from corporalion tax on its activities, all of which arc charitabl¢. 13
Airedale Homes Project SCHEDULE TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 TANGIBLE FLKED ASSETS Freehold Expenditupe Equippnent, Property on leasekold fixthres and property fittings Computers Tolal Cost At l April 2024 Additions Disposals 485,361 39,979 72,956 3,597 601,893 At 31 March 2025 485,361 39,979 72,956 3,597 601,893 Depreciation At l April 2024 Chargcd in y¢ar Disposals 154,097 9,707 39,979 71,795 1,161 3,597 269,468 10,868 At 31 March 2025 163,804 39,979 72,956 3,597 280,336 N¢t book value At 31 March 2025 321,557 321,557 At 31 March 2024 331,264 1,161 332,425 The directors estimate the current market value of the freehold propcrty is £500,000 (2024: £500,000). DEBTORS 2025 2024 Rents receivabl¢ Prepayments 13,969 2,654 14.245 8,209 16,623 22,454 10. CURRENT ASSET INVESTIAIENTS 2025 2024 COIF charity deposit fund 69,891 66,592 14
Airedale Homes Project SCHEDULE TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 I I. CREDITORS: Amounts due in less than one year 2025 2024 Other creditors Taxation and social security Accruals and deferred income Deposits 2,411 1,502 5,995 12 8,954 1,063 4,503 12 9,920 14,532 12. GUARANTEE The company is limited by guarantee of its eberS to contributc to the assets of thc company in the event of a winding up in an amount not to exceed £1 pcr mcmber. 13. OPERATING LEASES The company has an open endcd operating lease in respect of on¢ property at 3 Bclgravc Road, K¢ighley, at an annual rental of £3.800. and also acts as managing agent for the collection of rent on othcr property owned by Places for People. Terniination of the lease is subject to onc month's notice. 15