2024-12-31-accounts

C".liarity Rcgisti'dlioii NiiinbLr.' 1055157 Hoinus aiid Coiiiiniiiiiti¢s AbTcnLy IILgistriilion Niiiiibcr.. A399( Aliiishoiisc Associalioii MLiiibcr NuinbLr'. 1071 The Harcourt Almshouse Charities inual Ilei)ort and I. iiianLial Stal¢meiits lor Il)e Ycar F.ndcd 31 Deccinbci. 2024

The HarL'ourt Almshouse Charities Contents (continucd) lloard IILport Ito2 Independenl Audi101s' Report 3to5 Sinl¢ii)cnt ofc0111prchensive Jneomc B1< lancc Sliect C(]sli flow StatLillLI)t Si<lt¥in¢iit of Cli<illLTLS ITI IILscrvus Nolcs lo Ilic Financial Slaiciiicnis 1010 15

The Harcourt Almshouse Charities Board Report 'I'lic board prcsLI)I tli¢ ai)iiiial report togctl)cr iviili thc finaii¢idl slalcinei)Is of tlie &?SSOCi(Jlion fvr th¢ ycar cndcd .11 L)CL¢I)Ib¥r 2024. )qL'nibci'.% of tlle Iloai'il of Ti'uslee5: -riic Incii)l)ci's of Ilie Boai'd wl)o liave scrvcd diii'ing tl)c ycar wcre ¢iS follows.. Rcv Jane Ball Mi- 811<11111 Bladcq Mi84 Clii'i81inc Grecn8it rs Sarali Webgter I r l)<ivid Br01( dley Mrs (Eli7.abLllI) Susaii Cunliffc-Lisl¢r (appoiiiled Marcli 2024) I r l)DugFlds Marr (l'esi￿vIled January 21124} Ilevieiv of tlic busini'ss: 'I'lii5 y¢dr "I'ru51LL5 liavc coiilinucd witli a progyramime of plai)iicd rndii)tLllaii¢¢ bilSLd on Illc rccomin¢iidclti011s froin our prcvious Quinquei)nial siirvcy. Tliis ivork lias procecded ivcll aiid M'ill conliniic Ilii'ouBlI()ul Ilic ncxi Iinaiicial ycai.. Tlie Truslccs considcr Ilial Il?c casli Ilow poqilion ofilic cl)arily is good. Objectives and sti'ntegies lor acliieviiig those objectives.. 'I'lic Cliai-ily aiiiis lo pi'nvidc Alii)4liousc pi-opci'lics loi. Ilie residciils wlio salisfy tlic local I'csideiilial quali lyii)gi ci'ilci'ia uiidci. Il)c Cl)ai'ily coii711iissi017 Scliciiie of Ai'i'&iigciiiciil loi. 11)c Ali)Islinu8e.% Cliai'ily (lalcd 9111 Novei)Ibei' 1994. WIILI)cvcI' vacdllLiCS <ifi%L. IIILSL ¢ll'L c111vLrtiSLd Ii)Liilly. WIILI) Inakiiig dLLi8ioii% Jl?out <ippIiLciiils, tl)L 'fru%lci'.s try to LII%UI'L tlial tIiL ciLLoinmodatioii is piovidLd to tIiusL il) IILLd ()f IIIL tyPL ()f dLLiiniiiiudati()i) Iiffci'L.d l)y tliL Cliai'ity- Prinl'ipal risks and unLL'I'tainties: i udLI'li liviii&i $14111dard8 ¢iiid L'XPLCtdtioii% of Iocll l iiiliabitaiils liavL incrLasL.d sigiiificaiitly to IIiu%c cipplicable wl)cn thL' oi'igini11 Alii)sl)i)LlSCq wcl'e built 111 tlic iiiid-vicloi'iAIi ci'a. trends and fAetnrs underlying the development And performllnce and pib%itifin of the Hnrcnurt Alm8hnuse Dcspile Ilic principal I'iskq aiid unccrlainlics liiglilib)l)Icd abovc, Ilic 14oai'd I'eini1iliS %&li%ficd Ilial Ihci-e is still %iiificicnl nced lor Il)e fc?eililicq provided by Alin%hnu8e8 lo ensiirc Ihat Ilic Cl)ai'ily ¢an conlinLlC to devclop on a consislcnt basil fc)r tlic fore%ccablL future. Analysls using finalicial and n4111 flnanclal kev performanee Indicators: Tlic TrustLc8 IIJVL a rolling fivL yC¢irs fiiiJiicidl i)lJn tliat 18 n)01)itOl'Ld dg7djiisI clLlual perforniancc uf C<iLli elcmenl of tl)c plaii on d rcgiilai. b1¢ 81£. Tlic finai)Lial i)Idn sugge81% tl)at, aftLr n)LLlii)g nnnnal oiiLrating eos18, a coi)tiiiuiiig ui)gl'dding (ind n)<iiiilcn4ncc 4LIILinL of tliL Alni811()v%c prDpLrliLS 1% dcliievablc. Fiiture prospects: In general leriiis Ilie Tru%tees considei. tl)a( Ilie future pro%peels of Ihe Cliai'ity reniain good. Assessment of hom, tlie Harcourt Almshtsuse Charities are nehievlng value for money: 'I'li¢ wcckly Inaiiileiiai)cc eliai'ge paid by I'esiden15 lias I'emaincd coiisisiciiily belo￿, social liousingF rent Ljuidcliiies. Aftei. InL¢tingT Iiol'mdl op¥r4iliiiLI L()%15 IIILI'L Is still a sali%filVtoiy n)ai'giii of fuiidiiigy toivard5 IIIL 11)ciiiiluii&llllL' (iiid upgi'ddiiig of Il)L l)I'Ql)LI'IiLS. As&LssmLnt of cumi)IlanLL' Ivltli Govei'nment aiid fi liiaiiLial Viablllty 8t*ndMrd: ThL Tru4tLL% LLTrllblLILI' tliat IliL J3ocli'd lids LOlI)pliLd M'illi CiovLfiii)ILI)l aiid F'iiidii¥iJl Viability .S1411)ddrd4. Cnde nf Gfiveriii4 Jice: The Ti'iislce4 biovei'ii Il)c IT<11'COilI'I AliiislioiiNe Cl)1l1-iIic8 iii accoi'daii¢e iviili Ilic Icriii% ai)d coi)dilion8 01. Il)c Clirfifiiy Coi?Iiiii%sion Scl)eiiic ol. Ai'r4111(IciI)cnt lor Ilie Cliai'ily dated 9th Novei7ibci' 1994. Tlie TrLi4lccs iiiccl rcg)Lilc21'1y lo dci¢ri)iinc 1i011sil)L policies, I￿anage1￿Cnt i%sii¢.% and Il)c allocalion of Ilie properlics. and tlio%e Mceliiigs al'c pi'opei'ly Ininulcd. Page I

The HarLourt Aljiishouse Charities Board Report (continued) Intei'nal controls: As fiif a5 111¥ -I'i'i15tLLS 4irL awarL, tIILfL ufL tio iiiajor risks fÉlUiliLV tIIL' Lliurily. 'I'l)L illtLniJl ¢ontrvls ol tlic Cl)arity iirc rLviLwLd dnd iiioiiilvr¢d dliiiildlly. I'hL Bodrd ii)oiiitors tli¢ C.hdrity'5 invi'sttnLlIt portfolio 011 dl Ildst a (iudrllrly basis at LdLI) 'I"i'usleL5' M¢¢liii&i con8idcr ￿,1)elli¢1- 1¢ ny cliangcs Al'e iiccdcil. Tl)L invc%liiienls ai'c 1111¢ inlained iii fiinds 8peci fieiill), de%ibillciled li)I' cli(Irilics and gc<iird loM'.Ii'd8 pi'ovidinby inconie M,liilst incorpoi<1ting long lei'iii Lylai￿1). Pvblie benefit statement: Thc Triislccs i)lly diie I'e&i41rd lo tlic Cliai'ily Coi)Iii)ission &yiiid¢in¢¢ Dn Public Bcnelil and bclicvc Ilial Il)cir pi'ovi.%ion of bo¢idl Iiousiiiuv williiii tliu IoLal Luniinunily Loiifvrnis willi tliis bTuidaiiLL. i inancial I'eview Tlic Ti'iisl lias spcnl £3,020 in I'cpaii-s Iliis ycar. Tlie bank balance8 havc ii)crcased by £14,41 I, and Ihc Trii8tec8 Iccl Iliai Il)¢ Trusl 15 slill in a good i)osilion financially. Tl)e Tni,slees ivill conliiiuc lo biiild ui) Il)¢ cliarily'.s rescrvcs as aiid Milicn po%8ible and uscs Ilic roulinc ii)ainlcnance for rcncwals and i'egiilai. niainlcnancc. "I'lie Surplus 1 (dL'fiLit) fc)r Ilie year W¢lS £8,708 (2023.. dLfiLit (I1,35U)) diid Ilie rcservLS of thL Clidrity at 31 Dcceiiiber 21124 IVLre L248,463 (20?.3: £219,755). Sta¢¢nient of BoArd$ Ilesponsibilities The Boai-d is respon8ible toi. pi'epai-ing Ihe Report and Ilie financial slateinents in accordance witli the applicable law and I'egulations. Tlie registered SOLl£il liousinb, ILgi8l<ltioii requiru Il)e Board tl) Pl'LpafL fiiicll)Lial statements fur Lacll fin<lllCiiil yLar wliiLII bFiVL' a IruL (Iiid fail- VILW of Il)L %triltL ()f iiff&iir% of tliL aS%QLi<ltiiiii aiid of it4 inLDlilC aiid L'XPLiiditurL for tliat PLriod. In prLparinbV ihe%L fiiiillieial slalcnicnts, IhL Bc)ard is rLquired to: sclect siiilablc accouiitinb policies and Ilieii apply Iliciii consi81eiitly' InakL' judgYeinLI)t% dl)d L41imatc% tliJt arc rcdsniidblL dl)d pl￿dLI)I. sl¢ilL ivlicll)Lr appliLdblc JLLOUlItIllLF 8l<iiidai'ds1)<lVC bLLlI folloivLd. subj¢c¢ tQ <)ny niatLfidl dLparturLS di5Llo4Ld atid LxplainLd iii tIIL fil1￿11]Lial .%tiitLlliLn15; aiid prcparc Ihc I Inancial slalcincnt8 on Ihc going conccrn basis iinlc88 It is inappi'opi-ialc lo pre.8iini¢ ihal tl)e associalion Ivill ¢onliniie in bugine%8. Tlie Board is respiTri78iblc for kcepiiib pi'()pci' accoiinliii&) I'ccords that disclose Mwiil) I'ca%()iiablc acciii'acy al any liiiie Ilic fiilaiicial i)n8itioi) of tIIL SSOLicltiiiii aiid ciial)Ic Ili¢in tn Lnsui'L tlidl IIIL fiii<lllCl&118t(Ilcniei)t% Loini)ly ivitl) tl)L Hou.8iiig Jiid RLglLI)Lfiili(Trii ALt 20n% aiid 11)L ALLoiit)liA)g DirLLliiiii for i)I'iV¥ltC I'LgistLfLd pruvidcis ()f social liausiiig iii Eiigplliiid 2022. 111]3￿ gLncral rc.spoiisibility for taking rcasniiJblc 8tcp% to 4'thfLSTUcll'd 11)L asse15 of tliL Iq.S%()Lidliuii and tn i)IrvLnt Jiid detLLt fi'dud aiid olliLr irregularitlLS. Tl)c boai'd al'c rcspoiisiblc loi. Ilic iiiainlcn(Incc and iiilcglrily ol. Ilic corporalc and fiiiaiicial iiifoi'iniilion incliided on ilie ¢l)ariillblc c()i?)paii) % wcbsile. l.cgislalion gFovci'niiib Ihc pi'cparalion aiid di55cniinalion ol. Iinancial slalei)Ici)Ib iiiay di I Icr li'oii) IcgTrislalion iii oiher jiii'isdiclioiis. ThL' ¢]III]U￿11 rLPOrt i4'J% cippfovLd l)y tIIL bnJrd of thL aSSOLidli()n on 17 Junc 2025 find %iLmLd on 114 1)Lhalf l?y.' Trustcc Pagc 2

The Harcourt Almshouse Cliarities Independent Auditoi.Is Report to tlie Members of The Harcourt Almshouse Charitics Opinion WL Iiavc audilcd tlic fiD<iiicial 5tatcinciils vf "Ilie Hai'coiirl A1rn5housc Cliiiriti¢s (Ih¢ 'associatioii') for thc )'car ciidLd I I Dcccinbcr ?044. Ivliiili coinprise tlic Statcineiit of Conipr¢hcnsiv¢ IiiLOI)IL, Balance Sl)LCt. C.ds11 I,'low StatLniei)t, aiid N1otL5 to IhL l- inai)cial Stateiiiciits, ii)cludiiibJ Sill)111)Ic ry of Si￿11f1ca￿t accoiintlllb poliLiLs. Tlic fiiiq¢ iicidl rcporliiib, fri?InLivork tli¢lt lias bccii appli¢d iii Ihcir pr¥paration is appli¢ablL law nd United Kiiig(IoTm ALLuunliiig, Siiryndai'ds, i]ILliidiiib, I,iiiaiiLiiil Ileporliiig Stai)dard I n• -I'i]c l.i11lc ncial Eleporliiig Staiidard Jpplicciblc in Ilie UK aiid RepiibliL of Ir¢land (Ui)ited Kiiigdom G¢iicrally ALc¢pled Accoui)tii)g PraLtiCL). In oiir opinion Il)c financial 8lalcmcnls'. give a Iruc aiid lair vicw of Ilie slalc of ilic associalioii's alTairs as al 31 Deccnibci. 2024 and ol. its incoiiiiiig rLsoufLLS ￿lI)d (IppIiLdtioii vf r¢soiir¢es, ii)Lludiiigi its iiicoiiiL ¥XPLiidilurL, for tIIc yLar 11)Lll ciidid: havc bccii propcrly prcpdl'Ld in aciordance ivith Uiiitcd KiDLdvm Gcncrally Acccptcd Accouiilinby Praclicc; and liavc becn pi'cpai'cd iii accordancc ivitli Ilic I'cqiiirciiiciils ol- Ilic Cli(Irilics Acl 2011. Ihc I loti.giiig and RcL)cnci'alion Aci 2008 and Ilic Accounliii&J Direclinii for privalc I'cgislcrcd pi'ovidci's ol- social lioiising in F.nbTlaiid 2019. Basis for opinion Wc condiielcd oiii. aiidil in accoi-dance iviili Inlei'nalional Standards on AiidiliiiL (UK) (ISA.s {UKI) and applicable laiv. Qui. I'csponqibilities undei. 11105¢ 81iindai-d8 arc fui'ilicr dcsci'ibcd iii Ihc aiidiloi. I'csponsibiliiieg Inr Ilic aiidil of Ilie fii)aiicial 8talcmLnt8 seLlioi) of our repDrt. Wc cli'e indLpei)deiit of thc a4sociali()ii iii aLcordance ivith tlir eillical TLquifLmeiils tliat are rLlcvdiit lo our <iudil i)f Ilie fiiiaiici<il 8tal¢inLI)ts iii Ilie UK, ii)cludiiig IIIL I,'IIC'% EtliiLal Staiidard, and ive liave fulfillcd iTrur odier eiliiLal resiioii.sil)ilitiLs iti aLLordaiice witli tIILSC Fequii'cinLiils. WL heliL'VL tlidt tli¥ <Judil evidL"IILL we lidve oblaiiityd is 8uffiLiLiII diid appropriate ta pi'ovidL a bilSt.% for our qualified OliiTllOn. Concliisions rel&ting tTh going eoncern In aiiditing Ilie finaiicial 8lalcn)ciils, Ivc l)avc concliided Ihal Ilic boai-d's usc of Ilic goinLF concei'i) basi8 ol.accoiiiilii)Li in Ilic pi-cpai'alioii ofilie Iinaiicial slatci)Icnls iq appropi'ialc. BasLd 011 tlIL M'ork wc liavc p¢rfurinL'd, wc have iiot idcntificd aiiy inatcrial unccrtaiiitics rLldlingy to cvciits or conditiunq tliat, iiidii'idu<illy ur eollLLlivLly, m¢ly cast %lgTI)ifiLdlli dc)ubi 01) Il)L aS%QLiJlioii'% ability Io Lonliiiuc (is d going LollLeiii for a PLriod uf dt IL&l8t ttvL5vL IllOlltli% froiii wl)Ll) Il)L ori&Jji)(?I fiiidnLial stdlLillLiil% wcrL' Jull)orisLd for i%suL. Oiir rc8ponsil)ilitlC.% (11)d Ihc rcspon8ibililics of Ihe board iviih rc.spcct lo g?oing conccrii ai'e de8c1.ibcd in Ilic rclcvanl scclion.4 of Ilii.% repoi'l. Other infoj'mntion Tlic board is i'espon8iblc for Ihc oilicr infoi'iiialion. Tl)e oihci. inloYi)ialion coiiipriscs Ilie inlor1111( lion includcd in (he annual I'cporl, oihei. Iliai) Ilie fiiiaiicial slalenienl8 and oiii. auditor's report Ihei-con. Oui. opiiiion on Il)e linaiicixl slalciiienls docs not covcr Ilie oil)ei' inforiiiiTrlion and, cx¢epl lo Ilic cxlcnt otlici'ivisc cxpliciily slated in our rcporl, Ivc do Liol Lxi)i'LS% iiny funii of assui'an¢L LUliLIu5iuii IIiLfLOII. In coniiLCtiun witli our audit of tlie findncicil slatemeiils, our responsibility is to read tliL Otlier iiiformatioii aiid, iii doing %0. Lonsider wliLIIILr tlie oilier ii)formation is InatLfidlly inconsi%tei)t ivitli Il)e finanLial stateinLnt5 ur our knowledgL obtaiii¢d iii thL auLlit or otlierH'i%L aPPLars lo bL niatei'ially Ini4.%lalLd. If ive ideiltify %ULII iiiiilLrial iiiLoii%isleiiLiL% or apparcnl ii)aicrial nii%slaleineiils, we arc rcquii'ed i() Ilclci'iiiiiic ￿,1)ell)er il)crc is a Inalci'ial IMi%slalciiicnl in Ilic I Inai)cial %lalcii)ciils or a Inatci'ial IMis%lalcinci)l ol- Ilic oil)cr inloi'i)iaiion. Il., bascd oft ili¢ work ivc huvc pcrloi'imcd. we coiicludc Il)al (l)cre 15 a ii)alei'ial ii)i5slalcnicnl ol. Il)is oilicr inlorinalion, arc required lo rcporl Il)al lacl. We havc notliiiig lo I'cporl in tliis rcgard. Pag)e 3

The Harcourt Almshvuse Charities Independent Auditorls Rei)ort to tlic Mcmbei's of The Harcourt Almshouse Charitics (Lontinued) Malters on which we Are requlred to report by exception We l)(?v¢ nntl)ing lo I'eporl in respect of. Il)e following Inallerq in rclation lo ivhicli the Cl)Arilies (Accounts and Repnrl8) RegiilRlions 2008 rcqiiire 118 10 report to yoii if, in oiir opinion.. Ilic infoi'iMAlion gyivcn in Ilic fii)ancii(151alciiieiils is inconsislcnl in any nialci'ial rc%pccl Mritl) Ilie boi¢ rd I'eporl. oi. suffiLlClIt acLOUlItil)gT I'LLords lidvc l)ol b¢Lii ktspt: vr tli¢ fii)dncidl sliilciiicnts dfL not iii abYcL'niciil with thc aL¢ouiitlllb7 TCLords,' or Ivc liavc iiol I'cccived all Il)c inloriiialioll and cxplanalioiis wc Icquii'e foi. oui- aiidit. Iii addition, M'c havc noil)iiig ID rcpoi'l in rcspccl of Ilic lollowing nialler wliei'c Il)c Flousing and Rcgcnei'alion Acl 2008 I'cquires lis lo iepoit lo you il., in oui. opinion: a satisfa¢tory ¥ystcm of coiitrol ovcr trili)saLlioiis lids Ilot bv¢ii Illdllltaiiicd. Ilesponsibilities ol. b0￿rd As cxplaincd morc Ililly in Ihc Sialcnient ol. Rcsponsil)ililics {8cl oiil on page 2), Ili¢ boai'd Inciiibcrs (wlio arc also Ihc Iiiislcc8 of Ilic asqncialioi) foi- IIIC piii'po8cs ol- cliai'ily lam,) ai'c I'e8poiisil)le foi- (lic pi'cpai'alioi) ol. Ilic Iinancial qtaleincnls and loi. bcing gali.gficd Ilial Il)cy giv¢ a tiije and laii. view, and loi- sucli inlei'iial cniili'ol a,s (lie boai'd dctci'iiiinc 18 iiecessai'y to vndblL tIIL prcparatioii of llLial stateineiils Iliar drL free froin iiialerial Inisstat¥nieiil, ￿PliCi1]Lr due lo fr<iud or error. In prL'P<iriiig tlic fiiiancial slatLillLllts. Il)L bodrd 14 rc8J)oiisiblc for 41sse88iiig IIIL dSSaLlcltioii's ability to coiitiiiue as a gniilgr LOIILern. disLI(i%ing, as applic1¢blc, niatters relf?ILcI to gvoinbv Loiicern and iisiiig 11)e gy(Trii)gF coiiccrii l)iJ,sis of aceDiii)lii)g uiiless Ilie boai-d citlicr iiilcnd io liqiiidale Il)e association or lo cea8c opei'¢ltion%. oi. liave no realislic aliei'iialivc bLII lo do 80. Auditor Respoiisibilities I'Thr ¢he audit of the financial statements Oui. objcclivc* ai'c lo obtain I'casonablc a8su1.ancc aboul M,lieilici' Il)e linancial slaieincnis a8 a M,l)olc al'c Irce Iroii) Inalei'ial iiiisslalcii)cnl, wlieilier diic lo li'alid oi. ci'roi., ai)d Io i88ue an aiidiloi-'s I'cpoi-t Ilial iiicludcs oiii. 01)inion. R¢£180llciblc assui'ancc is a higl) Icvcl ol. as.siii'aiice. bill is nol gTruai'anlcc Ilial ali audit conduclcd in accordancc Mliih ISA% (UK) will alw<ly% IILILLt d mdlLI'iJI ii)i5s1()ILinLiil wl)Lll It Lxi%ls. Mi%4l<lt¢ii)LiitS L ol. Ihc Icgal anil rcb)Iilalory li'aiiieivorks Il)ai Il)c ciilily opcralcs in, Ihroii&Trl) dis¢ii%sioii% willi Iru%lccs anil oilier iiiai)aLiciiiciII. and lioiii oui- coiiiiiiei'cial kiiowlcd&)C <2nd expcrienL¢ ol. Ilic scctoi- in vliicli Ilic cnlily opei'Jic4, lo ciiablc us Lo idcnli ly Il)e key law% <l1)d I'cg)Iilalioiis kipplicablc lo Ilic ciilily. Wc Iociiscd 01) spccilic lames ai)d I'cglilalioiis ivhicl) MTe ¢oi)%idLrcd iiiay Iiavc a dii'ecL iiialci'ial cllccl on Ille liii<llleiIi15iaici)Iciils or Il)c upLriilioiis of Il)L Liilil),, illL ludiiig, Ilic H()uiii)Lr aiid RLglL'I)Lfdtiuii Act 2UOII, liixdliuii ILbTi%lati()ii, dat(1 i)rolLLtioJ), aiiti-bi'ibeiy, Liivif()IUllLiilJl dild IiLaltli diid 5'1fLly IL&iis1￿ilIo1i. Pagc 4

The Harcourt Almshuuse Charities Independent Auditor's Report to thc Menibcrs of The Harcourt Almshousc Charities (Lontinued) Wc Ilicn pcrfornicd aiidil proecdLires ttfter cnn8iderJlion nfilic 7¢ bnv¢ ri8k8 wl)i¢h includcd Ilic lolloiving: con fii'ination of Ilic cxislcncc ol. Il)C Q£11ii5110118e Pl'()pcI'lie% li¢ld; evalualiiig tlie approprialciiL55 und cui)sisILiicy ol. Iliu dLpfLLllltioii policies applied: pLI-foriniiig uiialytical i)roccdiirus lo idLiilify iiiiy UliUSU

ns arL' fr()ni financial tr￿?11$actio1I￿, IIIL IL'SS likcly it is t11￿1t ivc would bcLomL' aware of noii-cnmpliancc. AuditillLT slJnd¢ird% alsn liinit IliL Dudil proLLdurL.% fLciuifLd i() idLnlify 11()11-L(IiniiliaiiLL Iviill lJivs dnd rcbyulalioiis to Lnquiry nf tl)L Iru%lLes aiid oilici. iiiai)agcincnt aiid tlic inspcclioii ol. I'cbiulaloi'y and Ic&Yal coi'i'cspondcncc, if aiiy. Malci'11¥1 iiii88lat¢ii)enls Ilial ari8e diie In Ii'aiid can bc hai'dei. to delecl Ilian Iho8e Ihal ariqe fi'oin crror a8 Ilicy iiiay involvc dclibci'ale concealiiienl oi- collusion. A furiliLr dc.4Lripti()ii of i)ui' i-L%p()1i4ibililiLS is JvJilJl)IL ()n IIIL. FiiiJnLidl RLP()rliTlb, C()UllLiI'% WLb%itL Jt.. AW￿V.frL.Urg7.Uk/￿ud1t1i1'.￿rL%1)I)I).￿IbIIiliLI, Tl)i% dL4Lriplic?11 furin% Pdrl uf vur dudiiur's rLPOrt. Use of i'c'porl This rcporl is Inadc solcly to the as%ociation b()ard, as o body. irt accordance ivith Part 4 (Trf Il)c Charilics {Accniinls and Rcports> Rcgulaiions 2008 and 8ecliDn 137 of Ilie IlniisinL) and ReLJcncralion Acl 2008. Oiir alidil ￿,￿rk lias bccn undcrtakcn 80 11)al wc mighi slalc lo Ilic aqsocialion's bnard Ihosc mallers M'e are requTrcd Io glalc lo Ihcni in ali aiidiior.s' rcporl and for no oihcr purp(Jse. Tn ihc fullc81 cxlcnl pcrmillcd by lam,. Ive do noi accept or a.k8uiiic rc8pon%ibilily In nyonc oilicr ihan the associalioii aiid ils board as a b()dy. for our audit IVOTk, for Iliis report. or foT tlIL opiiiioii% ￿'C have fonned. Walson Buckle Limiled Sialiilory Auditor & Charlercd Accoiinlanls Bradlord 17 Juiic 2()25 Page 5

The Harcourt Alnishouse Charities Statcnient ol Comprehensive Inconie I'or the Year Fndcd 31 December 2024 (Includinuv Income and Expenditure ALLount) 2024 2U23 Note Tui'ni)vi'r 28,842 28,C)4.1 Adinini8lralive expenditurc (23,899) (32,782) OpLratingw sui'plusl(dLficit) IIicoiiiL froiii fixud JssLt iliVL5tinLiits Iiil¢r¢sl rLLLiV<iblL an(1 siiiiilar iliLoine MovcmLiils iii f£lii' vJluc of fiiiaiicial iiislriiincnts. 4,943 I.IIC)7 (4,119) 1.745 1,237 502 Surplusl(deficit) tor the year 8,708 (1,150) Tutal compi'L'liensive iDLOIIIL foi. tlIL Jear 8,708 (1,3$0) All of tli¢ r¢gFisILfLd SOLidl housing, providLf's aLtivitiLs dL'rivc froiii Loiiliiiuiiigy Upur￿lI10]iS durii)bF IIIL ￿1b0v¢ twv pcriods. 'I'hL fiiiancial statcmcnls wcrc iippfovLd by tlie board aiid aulhoriscd for issuc on 17 Juiic 2025 and signcd oli Ihcir belialf by- TrustLe Tru%tCL ThL iiulLS on PJb7LS I O to I S form ali iiilLgWI'dl part ()f tliLsL finiinLial slalLn)LiitS. Pag)c 6

The Harcourt Almshouse Charities Balance Sheet as at 31 Dccembei. 2024 2024 2Q23 Notc Ixed llssets Tangiblc assclq Invc%liiiei)Is 305,970 45,184 317,227 42,939 351.154 IC?0.16(1 Current assets Debioi'8 Casli al bank and in liand 2,132 4C),742 2,287 4X,1174 -34,C)18 C.reditors: Aniounls ffilling due wilhin one yellr {5,384) (5,264) Net curi'cnt 41SSLts 29,-354 'I'otal Assets less ciirrent liabililies 394,C)44 389,520 Creditors: Amounls falling due

ftcr mfjre than one year

10 (14C),181) {14(),7CI5) 239,755 'et tt.$sets 248,463 Rescrvcs IIiLolliL aiid L'XPLI)diture rescrvc Ui)rL.4triLILd rcviilu(Ilioii rLSLI'VL 227,441 21,022 219,970 I L).7X5 Total Reserveq 248,463 239,755 Tl)L fiiiJiicial slatcniciits wcrL ilPI)rovud by tIiL I)04ird dnd aulliori.4cd for isguL 01] 17 JuiiL 2025 di)d 4igyiicd 011 IIiLir belial fby.. Truslcc Trustee The iiote5 011 PabFLS 111 lo 15 foi'iii dii iiitLgTral part of IhLsc findnvial sl4tLniLnts. Pagc 7

The Harlourt Almshouse Charities Cash Floiv Statemeiit for the Year Fnded 31 December 2024 Recancili#lion of net moYL'ment in fund5 to net casli floiv froni OPL'I'atiiig activittL's 2024 2023 Net ii)Loiiie/(Lxpcndittir¢) Inveshii¢'iit liicoine l)Li)rLLialioii (Prufil) IIvs5 011 i'CV(11114ilioi) of fixid J551t iiivLstiiiLiits Dcci'casc/liiici'casc) iii dcb(ors Dccrcasc in crcdiloi's 8,708 (1.350) {2,?87) 11,257 (502) (244) (3,464) 155 (3,4C)4) Nel cash inflow c.ash Iloiv stAtement 2024 21J23 Net casli inflow froni 01)erJtiiig uctivili¢s Returns Trn investments and servicing Df liiianee Inlei'esl on cash deposits Inconic frDln li81ed inve5tinents 661 542 1,745 1.867 Capital expenditui'e financial investment PurLlia5L of invcstnients (1.1108) (9.39) Increase in ellsh in the ye￿r 14,411 4,758 Reconciliation of net cash floiv to movement in nci funds li)LrLdSL iii Lasli 14,411 4,7511 Nci IL]nd8 al l January 2024 32,331 27,573 NLt fuiids dl .31 DLLLnibci' 21124 4(Tr,74? All of tlic casli flows are dLfivLd from Lontinuinby ()l)Lfrltions during Ilic dbuvL ttvij periods. Tli¢ ii()tC5 on pabTLS 10 to 15 foi-ni clll IlItLbFf<il pdi'¢ ()f Il)LSL fin4iiiiial sl<ilLniLiIIs. Pagc 8

The Harcourt Almshouse Charities Statement of Chaiiges in Reserves as at 31 December 2024 IncomL' and CXPLn(litUl'L' I'esei'vL RLvaluation rLsci'Ye Total A¢ l January 2023 Su￿)}usI(drfiLlI) for the year RLvJIu<iliun of iiiv¢sttnLnls 219.970 7,471 19,785 239,755 7,471 1,2.37 Total compi'cliLniivc income At 31 Deceinber 2024 7,471 1,237 21,022 8,708 227,441 248.4()3 Tlie iiolLS 011 P<iges 111 to I S forni ali iiitLgTfiil parr of IhesL fiiiaii¢iJl sldlLmLnts. Pagc 9

The HarL'ourt Almshouse Charities Notes to the Financial Statements lor thc Year Ended 31 December 2024 l Aceounling policies CJL'n¢ral infoi'matioii an(1 statL'mLnl of cumi)liance 'I'IIL Llidrily is a r¢bTi51¥1'Ld SOLial liousing pi'ovidur. rL'gTiStered iii Eiibyland diid Wales. C'liai'ity Rcgpisli'alion NuiMb¢i': 1055157 I loine.4 and Coiiiiiiiinilies Agcncy Regislralion Niiinber.. A3996 AIIT)slioiisc Associalinii Mcnibcr Nuii)bcr: 1071 Bisis of prepAration nnd stalement of ¢ompliAnce Tl)e lii)ai)cial slalciiicnls liavc beci) prcparcd in aeeordancc Mijili ai?plicablc accounlingi slandai'ds includin& Fiiiancial Rcpoi'ling Siandard 102, Ilic Slalciiicnl of Rccoiiiiiicndcd Praclicc for Social IloiisinL Pi'ovidcrs 2018, and ￿1111) Ilic ALLoiinlinb, l)irictioii for privcilc rLg?IsILrLd providLrs of suLial liousiiigy ji) Liig'ldiid 20•2. 1"hL finanoial s14ltcn)ciits arc 4150 prLparLd unclLr th¢ rcquircmLiils of Ilic H0115illLJ (Iiid Rc&YLn¢rdlioii Act ?0011. I'IIL financial btatciiicii15 h¢lVL bccn prci)ared on a goiiigy conccni basis uiid¢r Ilic historical Lost Lonvcntioii. modificd to iilLludc CLrlaiii itLms at fair value. Tlie re&iislei-ed social hnii8ing pinvidei- con8lilules a piiblic bcnefil enlily a% delined by FRS 102. Tlie chai'iiy's functional and pi'e.8enlation ciiri-ency is poiiiid siei'ling. Th¢ significanl accoiinling policies applied in Ilic i)I'cpai'alioii of Ilicse financial slatenienls arc .set out beloiv. Tliese policics liavc bcei) con5islently applicd lo all ycais pirscnled unlcss oil)ci'wise slalcd. ColnLW Ll)nLCJ'n TIIL board Loii%idLr tlidl IIILI'L arc iio In¢ltLfidl unLcrtJiiitlL.S ￿lbOUt IIIL dS%OClrfitiiiii'% ability to contlllUL as a g?oingr Ll)IILcrii. Turiiover Turnover rei)rLscnt.4 scrviLes cliarge5 fLLeivdblL' in Ilie ycdf iiLt of ,%ori'iLe cliarLyL 1o%scs froin voids, and rcvcnue grants froni gFovunin)ci)t (IoLal duihoritlL%). The I'eL)i%tei'ed social lioiising prnvider cari'ics the finaiicial risk on properly i)ianaged by agcnls, Ilieieloir all Ihc incoiiie and exi)cndilui'c arisinL Ii'oim tlie propci'ly 1% included in Ilic slftlenienl ol'ci)iiipi'chciisive incoi)Ic. Gr#iits Grant% fmni Thc Hoiising Coi'poratioi) and Hai'rn¥ale Boi'oiigh Ci)Lincil air reccived in respect ot The Har¢()iirt Alinsliouse Charitie8. Tlie.%e &)ranls are recogiiised al Ihe lair VL11iie (>f the asset received. Wliere ilie a8%el8 are accoLinled Inr using Il)e cost niodel Ihci) ilic government granl ]% accoiinled lor usii)g Ilie accruals Inndel. Tlie di Ilcrencc bclweeii Ilie loii. valiie ol- tl)c a%set and Il)c considei'alioii Ib recog)i)is'ed as a liabilily and amorii5ed over Ilie iiselul economic life ol'ilic asscl. This aiiiorlisalion 1% I'¢co&)nised iviil)in tiiriiover. Pab)e l O

The Harcourt Aliniphvuse Charities Notes to thc Financial Statcments I'or the Year Fnded 31 Decembcr 2024 (continued) T•nRil)le fixe(l asset$ "l-aiig7iblc fixcd ass¢ts (incliiding sociill hoiising propcrlies) ai'c sliltcd at cost or dccincd cost Icss acciiiniilalcd dcpi'ccicltion aiid acciimul£ltcd iinp<l1rmLlIt losses. Cost iiicliidcs ¢17sls directly attTibiitablc to makii)g tlie assct capdblc of opercltiilg as iiitcnd¢d SULII s the cost of acquiriiib land diid buildiiigs, dovilopinciits costs. intCl'LSt LhdrgiLS on 101¢ 115 dui'iti& tlic Llci'¢loprneiit pcriod <iiid Lxi)Lnditure oli iini)rovcin¢iits, Expenditiire oli iinproveinents will oiily b¢ Lapildlised wlieii it I'csiilt5 in iiicreineiilal futurL bencfils SllLI) as iiicreasiiiby rLntdl income, reduciiig Indinleiidiice costs or resultit)g iii d sigilificuiit exlensioii of tlic us¢ful LLoiioinic life of tli¢ property. Dci)rceiaii()n is provided on laiigiblc fixed asscls so as In wrilc ol-r Il)c CO51 or valiialion, Icss any csliiiiaied I'csidlial valiic, ovci. tIIcii' Cxpeclcd iiscfiil cconoinic li fe as follom's: Asset clfiss Depre¢iAtion nietliod rllte F.qiiipii)¢nl 20Q.'u' slraiglil line basi$ Fixlui¢s & liltings l O /v sli'aiglil liiic basi Roots 20/. 8lraibylil line ba.sis Door% and windows 3.33 /itr sli'aiglil linc basi8 Kilclicn 5th/IF.sli'aighi liiie ba818 Baihi'nnni 'u gli'aig5)I linc l)asis Boilci- }.6711/0 stri¢ igl)I liiic bllsi8 .lecli'ic&l and liealing in%lallalinns 4 /D sli'aiglii linc l)¢l$1% Mdjor cDmponeiit.s of liousiiig properties liave becii aceounted for and depreciated sepai'ately froni the coniiected liousing property, c)vcr Ilieir expected U%L.ful c¢oiioniic lives. Tlie Loqls of replaciTig tIILSL Lomponents are capitdlised in full. Tlie c0515 1)f partially replaLiiig or repairiilg IliesL compc)iieiils are cli(If&¥Ld to Ilie Loinprelieiisive iliLome. InvLStDicnts FI)VLStniLI)l% Kll'e l-L'LC)bJiii4cd iiiitiJlly Jt fdir VciluL 11,I)ILI) 1% i)ni-niJlly IIIL Ii-all%aLti()11 priLL LXLludiiig trdi).4aLtii)l) L().%ts. Sub%L'quLiiily. IIILY al'c IIIL¢i%urcd dl filil. VdluL Il)I'()ug,li tIiL slatLIIILiII (If Lc)iiiprLIILII%iVL iIILI)nic if tliL' s11<ll'L% JrL i)ubliuly Ir%idLd (Ir IIiLir f4111' valiie Ldii uiliLrwi4L l)L Inca4urLd rLliably. OIIILr invc.%lniLiIIs circ in¢i18UI'Ld dl LC)St IL'%5 inip(iirniLlII. Gthvernanee costs CFL)vcrnancc costs includc Ihc audit of lh¢ finaiicial slalciiicnls. Thc rcLJislei'cd social IiiTru%iiig piovidcr is considered lo pa8% Ilic Ic,%1s gcl oul iii Pai'au)rapli I Scl)Ldiilc 6 of Ihe Fin¢ince Act 201 O aiid Ilicrcfoi-c il iiiecls Ilic (Iclii)ilioii ol- a cl)ai'ilablc ci)iiipany lor UK cnrpoi'alion lax piii'pn%c8. Accordin¥BIy, Ilic Cliai'ily 1% i)olcnliolly cxei)Ipl Iroiii laxalion iii I'cspccl ol- incoiiic oi. Cilpilal gaiiis I'cccived wi(l)iii calcgjoi-ies covered by Cl)aplcr 3 Pai'l I l ol. Il)c Corporalion T¢iX Acl 201 O or Seclini) 256 ol- Ilic T<ixallnl) ol- C.l)argeable CJail)s Acl 1992. 10 tlie cxtciit tliat 8uLli iiiLonie or gyaiiis arc ¢)pi)licd ¢xclu%ivcly to cliarilablL PUI])OSC.%. Del)tor5 DLbior8 (11-L reLogiii8e(l iiiiti<illy M'IILn tl)ey bcconiL duL at Ihc traii44lLtiun priLL. They arc %ubsLqueiilly IMea%ui'Ld at aiiii)rti%Ld Lost. Ic%8 1)r()vi%i(?ii for iiiipJirniLI)i. A provisioii for iiiipdirmciil of debt()r4 is cslal)li.%hcd M'IILn IhLI'C i ()bjLLlivL cvidL'IILL that tlic Lliarity M'ill Iiot bL ablc lo ¢()IILCt all arnoui)t% duc acLordiiig l() thL origyinal ILrms of IhL dLbtor.4. Ca%li ¥1n(I CiTrs11 cqiiivalci)14 con)pi'ise cash oli liaiid aiid call dcposils, and ollici. %horl-(ei'in liiglily l iqiiid invLslincnls Il)al ar¢ rcadily coiivcrliblc lo a kiioivii 4111)ounl ol. ca%li and( i rc %ubjccl lo an ill%lLJnilicanl I'isk ol'cl)Ji)b?c iii valuc. Page 11

The HarL'ourt Almbhouse Charities Notes to the Financial Statements I'oi. the Ycar F.nded 31 Dccember 2024 (continued) Crcditor5 L.rudilors dr¢ obligydlioiis to pay for gyoods and s¢rviLcs tliat lidve bLLlI acqiiircd by tIIL Lliai'ity. Lrcditorb arc inilially r¥Logni5ed al 11)e Irai)saction pri¢c diid siibsLLiiiently Ill¢dsurcd dt <iinorlised cost. ri iiiancial insti'uinLnts TIIL I'LgTi5tLf¥d soLidl Iiou5illg' Pi'oi'i(ILr uiily lid5 fiiiJiiLi￿l assLIs dtid fiiiJii¢iJl liJbilitiLs uf d kii)d tlidl (lil¥ilify Js basic fiiidiiLidl iiistruiiiLI)Is. BJsiL fiiiilllLliil iiislruiiiLiils iIiitiJlly ruLO&fl)1SLd clt li'ai)5(lUtIOll ViiluL di1(1 5ubscLiuciiily InLJsufLd at Ili¥ir SL'tIILIIILlIt V¢iluL. 2 SoLial housinLW tui'novLr and costs 2024 2023 urnover Sci'vicc cliai'gcs rcccival)Ic Aiiiortised giovLniinLnt bFfcllltS 25,258 25,059 .3,5X4 Turnthvl'r frum social housing ILttingw5 Ailmini$tritive e%penditure Managciiicnl Sci'vicc cliarge cosls RouliiiL IiiJiiIILiiaiiLc DLI)rLLldlioii of liuusing pi'vpcrlies Oilicr cost 28,842 2X,C)4.3 (4.950) (1,944) 13,0201 (11,2571 {2,72X) (4,730) (1,761) {11,3561 (11,257) (3.(17%) (2.3,Xl)()) (.32,78? Operating surplus sThci41 hou$iiig lettings 4.94.1 (4.1.31)) Void l()8se4 199 3 Surplus on <)rdlnai'y aclivitiLs is statLd #fiLr cliarglng/(crL'dlilllg): 2024 202.1 Audit fcc5 Audit of tlic fiiiJiiLiJI %tatcmLiils ALL()unt(IiiLy fLL% DLpfLLldtioÉi of frLLliold i)i-()IlL'rly DLiifLLiati()n of fixturLs aiid filliiigs Ainortisalion of gTOVLniniLlIt b?rJiit5 800 750 700 10,602 655 (150 10,602 655 {.1.5114} (.3,5X4) Page 12

The Harcourt Almshouse Charities Notes to the Financial Statcmcnts for the Year Fnded 31 Dcecmber 2024 (continued) 4 Accomiiiodll¢ion owned And in mnnAoeinent Numl)Ll' of units Numbey of units l Jllnvary 21)24 31 Deceniber 2024 HouSiTI&F (ILLoiiiinoddlivii 5 '1'Angible fixed Assets Housing propertie5 for letting Propei'¢v pliiilt nd in￿chInerY 'I'olnl Cost Al l Jdiiuary 2024 408,787 14.R49 422,9.36 Ai 31 Deeeinbei. 2024 408,787 14,149 422,936 Dcpi'eciation Ai l January 2024 ClidrgL for IIIL yL'ar 94,179 10,C)02 11,5.30 655 105,709 11,257 Ai 31 Dccciiibcr 2024 104,781 12,185 I I Ci,9()6 'et book value Ai 31 Dccciiibci. 2024 304,OOC) 1.964 305,970 At .3 l Dccember 21127 -314,CiO% ?.()19 6 Boai'd and key inanakNcin¢nt pLrsonnel i'emiinei'ation and expciises No Board or kcy niaiiagcment pcrsoiincl iieitlicr rcccived Iior waivcd any rLMuner￿0I10n duriiig tlic curreiir or i)rior yL'ar. Page 13

The Harcourt Almshouse Charities Notes to thc Financial Statements for the Year Fnded 31 Dcccmbcr 2024 (continucd) 7 Filed Asset investnients 2024 2023 oiliei. invesliiienls 45,184 42,939 ()thL'I' invL¥tmcnl Li51ed investmenls 'I'otAI Valuation Ai l Janiiary 2024 Rcvaliialion 42,9.39 1,2.37 1,008 42,9.39 Addili0115 1,008 Al I l DcccmbLr 2014 4.5.184 Cai'ryinx am()unt At 31 Dcccinbci. 2024 45,184 45,184 At I I DLccmber 202.3 42,939 42,939 The fair value of listed investinenls is delei'iiiined by relerence lo Ihe qiioled price for identical assets in an active markct ai Ilie balance sliccl dale. l.lislorical ¢osls of investnicnls al'e £26,915 (2023.. £25,907). 8 DL.btor 2024 2023 Pi'epaynicnl.s 2,132 2,287 9 Creditors: nmoiints llllling due M'ithln one veAr 2024 202.1 Accru411 Graiits 1,800 1,5144 1.6RO -3..SX4 5,264 Page 14

The Harcourt Alnishuuse Charitie Notes to the Financial Statements loi. the Year F.nded 31 Dcccmbei. 2024 (continued) l O Creditor5: amoullts flllliiig (liie llfter one vear 2024 2023 Harix)gate Roi'oiibTI) Coiincil l.oan CJl'anlq 10,000 136,181 i 0,000 139,7C)5 146,181 149,765 Socicll Housi[)& Gr<lllts tvtallii)gy £171),189 IidVL bL¢lI I'eLCIVLd. Tliis will bL rLPI?id if Ilic i)I'opLrtiCS cifL sold. Tli¢ SoLl£il Huiisiii& Grilllt¥ cirL being? rcLogFiiiscd li) illLUllIL oli a sy5tciiiati¢ basis ovci. tlIL' ¢xp¢¢tid usLful lifc of tlic struLturc (511 years). Tlic Ilari'ogalc Iloi'oiigili Coiiiicil loan is inlcrc%l fl'ee hnd rcpayablc tivo years (24 IMnnil)s) afler Ihe propci'ty cea%e8 lo be let lo Ilic Coiiiicil'% parlncr l-lousing Asqocialion loi. iisc as aflordable rented liouqing. I l Resei've5 ) Ineome ￿nd expenditure reserve I'IIL. ii)Cl)IllL 411id LXPLiiditurc rL£¢'i'irL fLpfcsLiil8 Ilie ciimulalivL %urpliis aiid dLfiLits iiet of otliLr adju4tincnts. b) RLI'xluation rL'%Lrv¢ Tlic revdluiilioi) rLserve rcprcsLI)ts tlie cumulate LffcLt of revaluatioiis of tliL fixLd as%L'tS illVLStniLiIIs. 12 RelRted part), trllnsoctions Tlici'c wci'e i)0 I'clalcd pai'iy Iransaclioiis in Ihe ycai., Pag)e 15