REGisfERED CHAIUTY NUMBER: J104552 rtoftheTr lees an in wwi 'AE0347GO• 09104rd025 COMPANIES HOUSE A07 #51 Just Audit & As5urom¢e Ltd (StaWtory Auditor) 4 South Bar Street Banbury Oxfordshire OX169AA Tob Home5 Tru em for th Yekr Ende teml>er 2024 P*¥t Report Of th¢ Trn$t¢es .1 to 9 Report of ihe Independent A￿ditOrS 10 to 11 Stgtement of Financial Activitie5 12 Stgtement of Fin*nciAI Po$ltlon 13 Siatement of C8sh F￿w$ 14 Notes to the St#¢ement of C*$h Flows 15 Notes to ihe Fin4n¢ig1 SiatemeTrts 16 ￿ 22 D¢t4ll¢d StAiement of Fln¥ntl*l Adiviiles 23 to 24 Antho Tob Homes Tru f the Tru tees for the Year Ended 30 Se tember 2024 Th¢ Trustees present (heir annual report. iogether wilh the financial sta￿MenL8 for the year ended 30 September 2024, and confirm that they comply with the requ1￿ments of the Componi¢5 Act 2006. the chariwble company's Memorandum and Articles of Associaiion and the Accounting and Reporting by Charitits.. StRiem¢nt of Recommended Practice applicable to charities preparing their accounts in a¢cordan¢e with the Financial Rewrting Standard 102 'Th¢ Financial Reporting Sthndard applicabl¢ in the UK and Republic of Ireland,. The Annual Report is also the Trustees, Rewrt &8 required by Part Vlll of the Charities Act 2011. and the Directors, Rep)rt as required by section 417 of ihe Companies Act 2006. STRUCTURE.GOVERNANCE AND MANAGEME Governing do¢ument The organisation is a charithble comparty limited by guardnttt, incor￿￿ted on 3 March 2004, and ￿gistered as a charity on 25 June The company established under a Memorandum of AssociAtion which estsblished the objects and powers of the organisation and IS governed under its Articles of Association. Reeruilment and appoiniment of the Boaryl of Trusttts The direc￿r$ of the company are also charity Trustees for the purpose of ¢harity law. and th¢ currenr Trustee èoard consisis of S members. The organisalion oims io maintain a broad skill mix, and accountan¢y. human resouTCe& legal and busirtess skills are represented. ATHT has an open re¢wittn¢nt policy and uses a ran8e of internal and exlernal means lo recruit new Tru5tee5. In ihe eveni of particular skills being lost due 10 rttireTneni individuals With thai area of knowledge would be approached to consider offering th¢mselves for Appointment. ATHT R¢ognis¢s the restK)nsibilities placed on Trust¢¢s by law and has a thorough induction programme in place for new Trustees. Any m¢mber who puls themselves up for nominotion L4 a Tnjsttt is inte￿Iewed by 2 Trustees and und¢rgoe$ an enhanced Disclosure and Barrin8 Service check. Deiailed infomglion on the role of a Trustee is provided during the indu¢tion p¢riod. as is a copy of the Memorandum and Articles, and lal¢si publish¢d Accounts. The NCVO Trust¢¢ llnd Management Committee Nation&1 O¢¢upr4tion Sthndards and Good Govemanct Code are made available Is guideline5. Trnsiee5 must familiwise themselves with th¢ Trust's k)me4 and to get to know the people who live at Staverton and Ashton. They also meet staff LS part of their induction period. They are olso ¢ncoura8¢d to attend relevant external training courses and online iraining. Or84nknailon•l $¢ru¢lure The TTVSt¢es have oveTall legal ￿s￿nsIbilIty fgr the slrlltegy taken to achieve objectives. They del¢8&le (he ￿$￿nsIbIlity aiid authority for the OF¢rational proc£dures in achievin8 thal Strategy to the Tnjsi Manager. The Twsi Manager su￿rVIs¢$ ih¢ Flome Manager, who a¢is within a framework of policies and prncedures based on current legal requirernen¢S. The homes are tegulated by the Care Quality Commkssion. Rlsk MwTrAgemeni The Trustees and s¢nior mana8ement continue to review the organisation's Risk Register and Con¢ToI Measures in plw¢e at d¢di¢aled meetings on 8 ye#rly bo915. If a new risk is identified in t¢tween these dates a special meelin8 Is arranged t¢fore the planned ￿￿¢. The princip*l risks identified: Declining mtsmber of residents resulting in falliThg ineome The current commigsioning N)licy of most authorities local to the ATHT remains placing people with learning disabilities in 5UPPOrted living homes and not resideniial care homes. This should not immediately atTect people who are currently 5UPPOrted by the Trnst but does mean ihal there will be fewer referrals. A smaller proportion of people requirin8 5UPPOrt will be plaeed in residenlial seryiceg and il is likely thai th¢s¢ will b¢ people with moye complex needs. In order to miii8ate this risk Tru5tee5 have look¢d ai g range of options for ihe future, and possible ways forward lo saftguard th¢ people living in the Trusi's hom¢s. Trusl¢es a￿d senior management have liaised with other organi￿110￿$ to draw on theiT experience of allemative core models and have also t8J(en advi￿ from a national housing advisory service for ￿Ople with learning disabilities and from a housing as￿¢latiOn. The Trnst is broadly in favour of xnythinE which gives ￿>ple More choice and control over their lives and living in smaller three or rour bedded homes could, with the righi level of suppo¢ 8ive people more indeF¢ndence and autonomy. However, any move in Ihis direction would need to be plonned and managed wilh extreme caution in order to ensure the futrjre security, happiness and ¢llbcing of the I￿ople we supw>rt. Despite the change in local authority policy. there Continues to be some local referrals io the homes as %%ell as ref¢rrals from other authorili¢s. so Tnwees wll continue to &5se&s and monitor the situation. Local authority cuts Tesulting falling in¢om¢ Our funding ￿MeS from Local Authorities and some out of County Authorities. The care sector continues to Temain under financial pressure to make cutbacks and this may continue lo be the case for some time. Trustees and s¢nior managcrnent are monitoring the siruaiion closely and will budget carefully to maintain the same level of service provided to residents. Collat￿ratIOn and co-operotioi) vilh exlemal ag¢n¢ies and authorities 1$ vital in order to rnaintain fee levels while at the same lime providin8 an exceSlent s¢rvi¢¢ lo the Feople ￿ support. Any fee In¢￿S we receive are based on an individual need5 &ssessment C4rried out by the funding authority. Page I Anthon mes Trust ort of the Trusttt for the Year Ended 30 S¢ tember 20 Historit retrospective blek payments to meet Minimum w#ge. The Anthony Toby Homes Tn￿1 meets the NMW for sleepi shilis and pays ab)ve this for other shifts and therefore r emains ¢onfident that any back payments of monies owed to stsff will be minimal if any. There are sufficieni resetves in place to c over any claims against the A THT knwever this is unlikely. NMW wagc was increased to £11.44 in April 2024 and all ATHT staff a re on or aix)ve this wage. - Stsff r¢t¢nllon and reernitment RecruiDnenl and rel¢ntion of the right staff has continued to be M challenge again this year and our objective has ￿ert lo r¢duc¢ ihe level of agency staff we use. The commitrnent and d¢dication of our long-term staff have been eritieAI to the Smooth running of ihe hon)es and the continued achievements of the ¢harity during ¢h¢se times. We hav¢ ¢oniinu¢d to be s¢l¢etive with recnjimient and have now almost rea¢hed our objective with a fvll complement of staff with relevant Qualifications and experience. The Trust offers a very compeiilive salary and leave allowance which together with enhanced sleeFin pay> training opportunities and staff support Makes us confidenl that sloff will be retained. Trre art stkll some shortfalls within th¢ residential staff team where we use our own bank to backfill. We have t¢en su¢¢£ssful in re¢wiling support stsff this year, Coron8viru$ All residents and stsff have been vaccinited wilh their Covid Boosl¢r and Flu vaccinations this year. Trust¢¢ 4rtd s¢itT liobility. accidents to residents And sta(f. and damage to property pos5es$ion8 These risks are mili8ai¢d by cover under the necessary insurance y)licies whi¢h are all subj¢¢¢ ¢0 regular TEview by TTUSi¢es and Trusi Management. All ststr undergo Health and Safety training which is renewed on A 3 yearly basis to keep up with any changes. To ensure thai we remain compliant with our le5￿￿nSibIli(1c9 for healih 8nd safety it work we have engaged a company thai 5peci&lises in ihis wea io ov¢rs¢e our Health and Safety Policie5 and OUT Procedures. The homes have a nominated member of staff responsible for m8kin8 SUTe Ihmt ATHT stays compliant with their recommendations. All the rrtople we supw)rt have detailed risk Lssessmen4 and any accidents are investigated and recorded, and records are regularly audiied. Home mana8ets carry out daily ch¢¢ks of the homes and sign OIT all risk &8se55menls. Trust managers view all are&4 of the hom¢ monthly 85 routine, looking Out for Healih and Safety issues ￿ part of this visit and in th¢ g¢n¢ral of their work. Spot checks are also carried out periodically by members of our ￿ftrd of Trustees. Health and Safety concerns ore discussed in TThste¢ and mana8ement meetings. With the people we 5UPP)rf their mobility needs gre ¢hongin8 due to their age and health condition$. We purch&sed and had a smir lift insthlled in 2021 into Ihe smoll¢r hom¢ to help with the mobility needs of one of the rcsidents. In Ashton, we Rre lookin8 to renovate an old bathroom lo a wet room lo accomrnodllte the changin8 needs of our older residents. All statT have a DBS clearance checks Èofore commencing employment and undeT80 an induction period where they receive relevant training to rnake sure that ihey have th¢ skills to support Feople in a safe manner. All staff Teceived Safeguarding of Vulnerable Adults training which is renewed yearly. Sthff support¢d by ￿gUlar supervision and mentorin8 from senior staff. We have developed very good working relationships with 10¢g1 Authoriti¢s and other or8anisations thot supwrt our service to ensure Ihol ihe safety and wellbein8 of the people th81 we sUp￿rt is a priority. We work closely with the local safe8tsardin8 tearn ￿ ensure we ojr up to dale and following the cor￿¢1 pro¢¢dures. Qyality sgsuraiice in$peclion WBC 2022 - Amber ststui- Aulust 2023 We were put on an amber olert by Wokin8ham Borough Council on the 28th Au8USt 2023. This was around 4 serialslactions we needed io a¢hi¢ve regudin8 inconsistencies and insutricient evidence around our administration System￿ infomation gathering of the data and Sioring it in th¢ ¢onE¢l pla¢¢, i.e. incidents, medication and Mentsl Capacity Act. However. this is not a rtile¢iion of the ¢or¢ and support giv¢n to ev¢ryon¢ who lives at ATHT. We htve recruited admin wislance to help with these actions. M8r¢h 2024- We have now ￿turned to green $t8tus after achieving ihe 4 outstanding serials that WBC had pui in place the previous year. We have now employed administrative suprA)rt to help with day-to-day finances and administrntion systems. Stsff Pensions Anthony Toby Homes Trust continue5 10 participat¢ in a Quality Workplac¢ P¢nsion Schem¢ managed ihrough Moore Stephen Pension MoSt¢r Trusi. Followin8 the meTger with BDO LLP ihig was continued by BDO LLP Employmeni Benefits Group (BDOEBG). Sin¢e S¢piember 2019 the scheme has been managed by Punter Southall Aspire (PS Aspire) following their acquisition of BDOEBG. Crysthl Trust merged with Smart Pension Master Trust in 2024 and staff Can a¢c¢ss their online pension via a FA)rfal. Page 2 A.n¢hon Tob HomesTr rt of the Tr￿Stee5 for ihe Year Ended 30 S¢ ¢emb¢r 2024 Obj¢ctives and A¢lSvltles The objeetives of the charity &$ stated in its Memorandum and Articles of association To provide resideniiai a¢wmmodaiion and Tecreational facilities for t*ople with a le8miftg disability. In fvrtherance of these objectives, over this finoncial y¢ar. the Trnst has 511PP)rted 15 people with a learning disability irt its 2 residential home& providing meaningful And rewarding day ond leisure activities. Our approach io personAlisaiion rtrnains ai the ¢entst of whol w¢ do. care and support have been based on dignity ond r¢spect for rights. with a focus on each individual person's needs and wishes. The aim of the Anthony Toby Homes Trust is to create and maintain a stimulaling and eotnfortable home ¢nvironmeni for people with learning disabilities. o secure from which they can live happy> healthy. and meaningful lives ift the community of Wokingham. fulfilling their p)tential in all ar¢as and having their rights and choices respected as valued and unique individuals. Our aim was to continue io keep people saft, lo minimis¢ the risks and good infection control'pro¢edures. We have one VA¢ancy, and cunent ref¢rr31s are not meeting the need for ihe home for our cuntnt rtsldents. Public Benefit The Tnjst aims to provide a service which benefits people with le8rning disabilities and their families bn the local area and also furtheT afield. Anyone from ¢h¢ learning disability sector of the publi¢ who qualifies os a I￿neficIary may be considered. The Trustees confirn1 thal they hav¢ paid du¢ re8ard lo The Charity Commi59ion's genernl guidance on public Etn¢fil. The main obj¢¢iiv¢s and activities of the Trust for ihe finan¢io1 year focused on.. -To further develop infomaiion given lo individuals lo ensure that il is in a fom* that ihe people we supwrt understand. . To introduce more technology into the hom¢s io ¢noble people to communicate with families and friends and gather knowledge. .To Incre￿ our commitment to giving r£ople a voice in how they w$h to develop the service that we provide. -To work with companies io provide technology to enable people to live as ind¢pendent lives Ls possible when out and alK¥ut in the community. To maintoin a good standard of living Wlthin the environmeni with decorating ond refurbishing the home io a high stand&rd To look at providing more accessible space in the home whi¢h may include external and internal building work modifications lo exi5tin8 rooms. - To renovate and modern1￿ bathrooms to SUPPOrt with mobility needs. . To migralc from Peninsula HR io a new compeny called WorkNest in January 2025 A¢hievemtnts And Perform•n¢t The main area of activity lies in the day io djy runnin8 of ATHT Tesidential homes in Stsverton and Ashion. Over the past y¢or, w¢ have maintained a comfortable and secure home for I S people. We cBre a great deal what w¢ do and how we aspire 10 Continue to provide a safe, eff¢¢iive service to a hi8h standard for the rKople who live in both homes. The F¢opl¢ ihal we suP￿rt continue to be llctively involved and hav¢ a $8y in how the service is run. They dre kept infomied of any )tential ¢hanges that tske placz in bi-monthly residents, meeting5 where w¢ tslk about what IS going kntll. what is not 8oin8 so well, and any changes they would like to make. We di5CUSS Staifin8 issues that may ￿1$¢ from lime to time. We also ¢n￿Ul￿g¢ the residents to meet any new wtenti&l stsly. We have ￿sumed nornial visiting for families and visitors We still engage with families by phone, emAiI omd using ditTerent communication methods such as FaceTime and Skype, so familie5 can see and chat to their loved ones. We had our annual summer BBQ on the 20th of July and we were able to invite families and friends, this was a great succzss, and we are now working on our ChriS￿aS party planned for the 14th December 2024. ATHT staff are continuing to work on produ¢ing individual pictorial aclivity care plan5 for each perwn. together with a s¢rnpbook filled wth photos of activiti¢5 they have compl¢*d throughout the year. Residents wishing to go on holiday this year wtre able to do so, and some residents enjoyed smaller weekend breaks ihroughouf the year. Our aim is ￿ support each rRTSOll to have a happy and m¢aningful lif¢. to hav¢ a pr¢sen¢¢ in th¢ir local eomrnunity and to have a¢cess to all local facilities in¢luding healthcare. A V￿lety of activitie5 are available to each person, choices have included knwlin rambling, swimming. exer¢is¢ ¢lasses. golf. cKJmputet4 pottery. 5ingin& photography> and cwkery. plu5 voluntary work. As ￿tIl as the r¢8ular activities F¢opk have supwrted to go on plarLned $￿CIal day trips and evening trip$ to the theatre and exhibitions and ¢0 visit iheir families. Page 3 hon TDb Homes Trust rt of the Trustees for the Year Ended 30 Se ¢embeT 2024 Our fotus for thi$ toming ye*r - Contbnue work to make infomiaiion available to everyone in forniats that they understhnd. - Conitnue to ensure ihe sofety of residents and staff by maintaining good infection ¢ontroI standards in both homes. - Coniinue to provide a high*ua]ity service giving people a voice in things matter to ih¢m. - To review the home vehicles to make sure they are suitsble to allow people with mobility restrictions ￿ a¢cess their community and look at purchasing of a new car. EleciTonic recording is up and running and 811 staff ar¢ still being trained in how to use thi$ and to ￿ntinUe to update staff in this - To conlinue to provide # high-4uality service thai meets the needs of people that live at Staverton und Ashton. We have iEen given planning pemiission for the new exiension And are now looking at cosis for the whole project. To continue with making infomiation easy io read for the kxopl¢ ihat live wth the Tnjst and in a forni￿ that works for them and have ownership of the care plans. - To ¢ontinu¢ with our annual summer BBQ and Christmas parties and 811 other events through0￿ the year, celebrating sutt¢ss and ¢hi¢vements. ond involving resident$, rel&tives and friends. including our annual newsletter for families. To look at how ATHT will deliver services oveT the next 5 yeaTS. The Care Quality Commission sets out fundamental Standards (the H¢alth and Socia] Care Act 2008) ￿lOW, which must never fall ￿loW and includes a sthtutory fit and prO￿r person's r¢quirem¢ni for directOTS. ATHT is fully compliant with CQC which has been confimied by the unanM)unced inspection reports for l)oih homes. Both homes have been rated as Good. Funding authoriiies ttend regulAr r¢view5 of ihe support they fund for individuals and other key people involved in people's lives are also invited io attend. Over this lasi financial year, th¢ Trusi h&$ sUp￿rted its staff team with continuou5 professional development. We continue to mainly se online training due to cost-effectivenes5 and e￿￿ with which staff can access training needs. Speci81i5ed in-house trdining is Iso provided when ne¢essary or for any other identified trainin8 needs. A THT 15 ￿mmItted io treaiing All its employe¢s and job oppli¢ants equally. and by promoting the homes &s B￿at places to work. We have stalT who Are proud of their work, and we iherefore ¢onlinu¢ io rto¢h our go$ls. We hav¢ ¢ngog¢d wilh An ¢xiemal professional lyainer to suppK)rt our staff by organisin8 a ￿•M buildin8 day, so ￿ ¢an furth¢r d¢vek•p our l¢am and th¢ir a¢hiev¢m¢nts in a kM)siiiv¢ nd caring environment. Listening to people and involving ihem in decision-making gnd the views of the ￿$ple Sup￿rted, the sraff team and Ot￿r$ involved in ihe Ca￿ 8iven are very important Io u5. We seek to hear thes¢ view$ through yearly feedback questiortnhires, parli¢ip8tion in Ineeling5 and good communication. An ind¢pendert¢ advocate meets with each person we support privately io support them 10 fill in ser-triendly feedback foTm5 and together with comple*d staff and fwnily qu¢siionn&ires gny problems or con¢¢ms or¢ Addre￿d. Feedbock this year has Eeen very positive with lots of compliments from family members especially around keeping families up lo dale around medical and health I wellbeing needs. All fumiiujr and fitting5 Within the homes Bre of a very 8ood standard. The people we supw)rt cKtrntinue to be actively involved, have a say in how the servi¢¢ is run and are kept informed of any polenlilll changes. Discussions tske place in the bi-monthly residents, meetin8s lo consider matler5 of concern and review PTO8re55 made. Residents are given the opp)rlunity to voic¢ thcir opinion5 on how lh¢ running of the service ¢ould b¢ improved and way5 are looked al on how the service c(Juld ￿ more person-centred. Through these me¢ting& peopl¢ have had a loi of input in plannin8 a summer party and a ChristsnLs party for their friends artd families. Decisions have also been made about new purch&ses for the 1￿Me$ and gardens. The people suprorted are involved in th¢ recwitment of p)*nlial new stoff by meeting with them al th¢ inteThiew stage and asking any quesiions, f¢edba¢k is 8iven following r¢¢rui¢menl. Work is continuillg to furth¢r develop care plans in formats that Are meanin8ful to individuals and the senior support leam are working on producing all individual plans in pictorial fomiats. People have t¢¢n supwrted with Ih¢ir gardening projects and have taken great pride in the flowers and vegetables that they have grown. Those ￿pIe who have wart*d to 80 on a holiday have ￿en SUP￿rted to do so and those that choose noi ￿ have been supwrted to 80 on inleresiing d8yS Out. Progress over the past year again has been v¢ry ￿SitiV¢. The people supported by the Trust hav¢ benefited from con5iStenl reliable and personalised 5tatYcare and supw)rt, from a ￿mfortable and welcoming home. and from ￿ extensive choice of leisutt and social a¢livities in their local community. Page 4 Anthon me Trust ort of the Trus¢tts for ¢h¢.Vear En tember 2024 FINANCIAL REVIEW The Trust made an overall deficit ihis year of £55,281 (2023 surplus £40,130). The main reasons for the deficil were.. Fall in the markei value of our investsnent pmpety - Need to cover staff vacancies with agency staff - Cost of repairs and maintenance on Stav¢rton and Ashton With ¢ontinuing ￿nCernS over the effect of intlalion and overheads, we did r¢¢eiv¢ uplifts from some lo￿1 authoritie$, {noi all in April 20241 together with a need lo fill on¢ rtsideni vacgncy. lh¢ Tnjst h&s budgeied for a deficii next year. Wilh healthy cash r¢s¢rves and th¢ valu¢ of investment property, the Trusi¢¢s have time lo fo¢us their attention on ensuring the lon8.tem) profithbility or the Trnsi. Remuneralion of mxnagement st*ff excluding pension eontributions. Mana8ement salaries are set in line with local gov¢mmeni pay s¢ales with adjustments for long servict and levels of responsibility. Reservts Poli¢y During the year the net assets of the ¢harity have remained consistent with the PTior year, with a final reserves figure of £4.015,352 {2023 £4,070.633) which is rtpresenod by unrestrlcted reserves. The element of ihe Te5erves which is not represented by the fixed asseis (free reserves) necessary for the or¢raiion of th¢ charity is £1,834,051 (2023 £1.868,368). The homes must offer stability, adequate continge￿Y fvnds should olways t¢ available. The level of reserves 1$ imp)rtant in the straiegic plannin8 of the TrusL in case of key Changes to the Oryanis￿i0n. e.g. the numkr of resrthnts And staff, the exlent of fundin& and wssible mov¢s io supported livin8. The Reserves Policy is reviewed quarterly by the Ttys￿$, and they conskder Mthat the risks could be and the financial impact Ihit Ili¢y mighi have. Aller due consideration. the TruMees have r¢duc¢d its free ￿serVeS in a manageable way with 8 combination of short-lem savings bonds.and investment property. The rationale behind the decision io have an investment property w&s thal rebjrns from renl were better than on savings a¢¢ounis, and th¢ property at 31 Sarum Crescent. Wokinghom will give greater flexibility if the Trust needs to ¢hange suP￿rt in the fuiure in the eveni ofde¢linTrng numbers of residents. Prlncipol F￿nding Sour¢ The residents who use the servicz provided by the Trust are funded by their local authorili¢s. ond this remains the pri￿1￿1 source of funds. Discussions regularly tske place between Trust management ?￿d lo¢al authorities, with the aim of achieving a realisti¢ fee level &$ individual support needs increase. In the curreni financial climate local authorities no longer automatically olTer fee in¢reases in lin¢ with inllation, and any in¢rea5e due io changing n¢eds is now more diflicult to negotiate. Investment polity 11 is (h¢ Trusiees rA)licy that inveslments should t¢ mainlain¢d in low-risk ass¢ls su¢h as cash and freehold pro￿ty- The Trusd5 cash reseNes I￿ spread over 16 banks to reduce the risk of all wh reserves bein8 dw)siRd with one b￿k. Investsnent income 8ener8ted from banks this year was £46,970 (2023: £10.310) The Trnst continues to adopt a prudent low-risk strategy wilh regard to invesbnents and monitor closely any changes in the financial environment which may atyect reserves. Interest rates in¢rtwd over the year bui ￿ m&in¢d rtlatively low particularly those offered by lh¢ elearin8 bBnks. The Trust uses the servi¢es of Insigni$ C￿h Solulions io obtain d¢posils wilh banks to g¢t the best rates available. Although the Trust is fore¢asting a deficit for the nexi financial year. it sufficient fg¢ilities available to en8ble the cbntinuing smooth running of th¢ homes. The Board of Trusttts irlieve that there are rtasonable financial r¢sour¢es to continue the successful operdtion of the charity. PIAn$ for r￿lUre perlods I'he Trust will ￿ntInUe the activities outlined alxjve in the forth¢omin8 year. Tnjstees ond managers will Continue io monitor the service provided on a regular basis to ensure thai we deliver all necessary regulatory outcornes to the highest level, and that we ¢ontinue to meet levels of criteria set by CQC. Our fo¢us will b¢ to rA)nlinue to provide a high-quaiiry service promoting trtsi practice to give the trtsi FA)ssible outcomes to ihe people th* support. We will continue to listen ￿ the r*ople use our service and promote their wishes in how they wish to live their lives valuing their choices and decisions. We will ￿ntinUe to work with families and friends lo look for ongoing improvements. We will ¢on¢inue to r¢cruii Staff with skills to meet the needs of individua15 who can shar¢ our passioft for giving people choices and a voice. Page 5 Anthon Trust rt of the Trnstees for the Ye8r Ended 30 er2 24 STRUCTURE. GOVERNANCE AND MANACEMENT Governing documenl The Charity is controlled by its governing documenL a deed of tNs¢ and ¢onstitirtes a limited Company. limited by gtsargntee, as defined by the Companie5 Act 2006. REFERENCE AND ADMINisfRATIVE DETAILS R¢¥isleT¢d Ctsmpany number 05062777 (England Wales) Registered Charity number 1104552 Regisltred office I'he Old CoToneds Court No. l LA)ndon Sreei Reading B¢rkshire RGI 4QW Trusle¢S D W B&k¢r R Mwson Miss G M White N A Dunlop G E Fisher Company SecretAry Mrs S E Vandersleen Senior Ststutory Audltor Jonaihan Russell Auditors Just Audil & As$urance Ltd (Ststutory Audiior) 4 South Bar Street Bfinbury OxfordshiTe OX169AA Pag¢ 6 Anthon Tob HomesTr Drt fh Trn lor ¢h¢ Year Ended 30 Se tember 2024 REFERENCE AND ADMINISTRATIVE DETAILS Soli¢i¢ors Field Seymour Parkes No. l London Street Reading Berkshi RGI 4QW Blnkers Bar¢l8ys Bank plc Leicesl¢r Leicestershire LE87 2BB United Tnjst Bank l RorKmak¢f Str¢et London EC2Y 9A W AldertnoT¢ Bank Western House, Lyn¢h Wood Peterborough PE2 6FZ7 Hampshire Trusi BAnk closed acwunt Sept 23 PO Box 74003 iKfyndon EC2P 2QR Redwood Bgnk The Nexus Buildin8p Broadwuy Let¢hworth Garden City SG6 3TA Cambridge & Counties Bank Chamwood Court 58 Neiv Wolk Lei¢¢sier LEI 6TE Hampden Bonk 3rd Floor 36 Dover Strttt London WIS4NH Investec 30 Gr¢sham Street Londo EC2V 70N S8insbury Bank 33 Holborn Lx)ndon ECIN 2HT Emirale5 NBD 25 Knightsbridge London SWIX 7LY Charity Bank Foss¢ House 182 High Str¢¢i Tonbridge TN9 1 BE Page 7 Anthon for the Ye r Endcd e tember 211 REFERENCE AND ADMINISTRATIVE DETAILS A￿uthnOl Latharn 20 King St Si James London SWIA IEE Charter Savings Bank 2 ChArterCourt Broadlands Wolverhampton WV106TD Teachers Buildin8 Society Allenview House Hanham Rd Wimborne Minster BH21 IAG Nalionwide Building Soci¢ty 47148 Regeni Street Swindort SNI IJS GB Bank 2 Centre Square Middlesbrough TSI 2BF BANK DLPOSIT SUPPORT Insignis Cash Solulions 10.Devonshire Squore London EC2M 4AE Audiiors Just Audil 8nd Assurgnce Ltd 4 Souih BAr Street Banbury Oxon OX169AA Page 8 Anth Tob Homes Trn5t Re ort of the Trustees for the Year Ended 30 mber 2 24 STA TEMENT OF TRUSTEES, RESPONSIBILITIES The TTusl¢es (who are also ihe directors of Anthony Toby Homes Trust foT the purposes of ¢ompany law) are r¢sN)n5ible for preparing the Report of the Ttusi¢¢s and the financial statements in a¢cordan¢e with applicabl¢ law and United Kingdom Accounting Standards (United Kingdom Generally Ac¢¢pted A¢eouniing Practice). Company laws Tequire the TThstees to prepar¢ financial statements for each financial year which give a true and fair view of the slate of affairs of ihe charitable company and of the in¢oming ￿soUrceS and app12cation of resourc£s. including the income and expendituie, of ihe ¢haritabl¢ company for that ￿riod. In PTeparin8 the financial sta*Tn¢nts, the Trustees 4r¢ requir¢d to.'- seleci suithble ac¢ountinB kKJlicies and ihen apply them consistently. - observe ¢he methods and rKJlici¢s in the Charity SORP. . make judgements and estimates that are reasonable and prudent. prepare the financial slatement on the going -¢on¢ern basis unless il is inappropriate to presume thllt the charitable company will ¢ontiriue in business. The Trustees are reswnsible for keeping prn￿r accounting record5 which disclose with reasonable ac¢urn¢y at any lime the financial position of the charilHble company and lo enable th¢m to ensure thai the financial sta*ments ¢ornply with The Companies Act 2006. They are also re9ponsible for safeguarding the LsS¢ts of the charitable compgjjy and hence for tskin8 reasonable s*ps for Ihe PTevention and dete¢iion of fraud and oiher irregularities. So far as lh¢ Trustees are ow4r¢, the￿ is no relevant infomialion (&s defined by se￿lOn 418 of the Componies Act 2006) of whi¢h the charitable company'5 auditors are unaware. and each Trustee has tsken all ihe 5tep5 that they oughi to have tskcD as a Tru5t¢e in order lo make Ihem awa￿ of any audit inforniation and io cstablish that the chorilable company's auditois are aware of ihat infonnation. Audllors The auditors, Just Audit & Assuronce Ltd will iY p Approved by the Ix)ard of Trustees and sign¢d on Sed for re-appK>inttneni at the forthcoming Annual General Meeting Approved by order of the i¥)ard of twsiees on ........ signed on its behRlf by.. R Mason - Trustee Page 9 Re Anth rtof¢helTrde ende•t A itors to h M mbersof Opinion We have audil¢d the financial slalements of Anthony Toby Homes Tnjsi (the 'chArithble company? for the year ended 30 September 2024 which comprise the Statement of Financial AciiYilie& ihe Ststemenl of Finan¢ial Position, Ihe Si8l¢ment of Cash Flows And noi¢s ￿ the financi￿ statements, including a summary of sigrtifieant aecounting policies. The financial rewJrtinE framework that has teen applied in their p￿ paration is applicable law and United Kingdom Accounting Strndards (Uniied Kingdom Generally Accepted Accounting Pra¢ti¢e). including Financial Reporting Stsndard 102 'The Financial Rewrting Standard appli¢able in the UK and Republic of Ireland,. In our opinion the financial statements.. give a true and fair view of the state of the charitable company's alT&irs os at 30 S¢plemb¢r 2024 and of its in¢omin8 r¢sources and appli¢ation of resouree& including its income and exFtnditure, for the year then end¢d' have been Pro￿TlY pr¢pared in a¢¢ordance with United Kingdom Generdlly A￿eP￿d A¢¢ouniing Pracii¢¢, including Fin8rtcial Rewrtiri8 Standard 102'The Financial Rewrtin8 Siandard applicable in the UK and Republic of Ireland and have been prepared in a¢¢ordance with the requirernents of the CompBnie5 Act 2006. B4$i$ for opinion W¢ condthcted our audit in accordance with International Siandards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fijrther descrittd in th¢ Auditors. resp)nsibilities for the audit of the financial stoiements scclion of our report. We are independent of the charitsble ¢ompany in a¢¢ordance with the ethical ￿qUIreMents that Ore relevant to OIIT audbt of the finan¢i)I statements in the UK, including the FRC'S Ethical Siandard. and w¢ hawe fvifilled our other ¢thie21 responsibilities iii a¢cordan¢e with Ih¢se requirements. We believe that the &udii evidence we have obthin¢d is suffi¢ient and appropriat¢ to provide g b&sis for our opinion. conel￿S1[￿ns relating to going eoncern In auditing the financial statemen￿ have wn¢luded that the trustees, use of the going ¢on¢em btsis of accounting in the Pff Pgrntion of the financial statements is 8ppropriaie. Bgsed on the work we have Ferfomied we have noi identified gny material uncertainties relatin8 to events or ¢onditions thllt, individually or collectively, may casi SL8nificoni doubt on the charitoble cKJmpany's ability to ￿ntinue as a going ¢on¢ern for H period of ai least twelve months from when the financial sthtements Ere authorised for issue. Our r¢s￿nSibilItIeS and the responsibilities of ihe trns*es with res￿¢1 lo going concern are described in the relevant sections of this report. Oiher inform4li(tyn The tnjstees are resp)rtsible for the oth¢r inforniation. The other inforniaiion ¢omprises the inforniation included in the Annual Report, other ihan the financial sthtemen¢s and our Re￿rt of the Independent Auditors thereon. Our opinion on ihe finJn¢ial slalements doe$ not cover the other inforTnation and, except to the exknt othBTwise explicitly Slated in our re￿rt, w¢ do not ¢xpress any forni of a55urance conclusion thereon. In connection with our 8udil of the financial $t8temenW our responsibility is ￿ read the oiher infomialion and. in doing so. consider whether the other infomiation is materially inconsisteni with the financial statements or our knowledge obtained in the audit or othe￿iSe appears to be maieriAlly missthttd. If we identify Such material inconsistencies or apparent material misststements, we are required to detemiine whether this gives rise to 8 maierial misstatement in the financial statements themselves. If, based on the work w¢ hove perlornied, cortclude thii ihere is o maierial mi55tatem¢nt of this other inforniation, we Are re4uired to report that fact. We liave nothing to rep)rt in this regard. Opinions on o(her preseribed by the Companies Aet 2006 In our opinion. based on the work undertsken in the ¢ours¢ of the audit.. the inforniation giv¢n in th¢ R¢port of the Trnstees for the financial year for which the fin8n¢ial ststemertts ate prepued is consistent with the financial staiemenis. and the Report of ihe Try￿e¢S has been pr¢pgred in auordance with applicable leÈal requirements. Matters whi£h we Are required to report by exceptio In ihe light of the knowledge and und¢rstandin8 of the charitsble company and its environment obtained in the ￿Urse of the audil we have noi identified rnaterial mi551at¢menlS in the Rep)rt of the Trust¢es. We have nothing io report in ￿ srecl of ¢he followin8 matters where the Companies Act 2006 requires us to ￿POrt to you if. in our opinion.. adequate accounting records huve not been kept or retyrns adequate for our audii have noi i%en received frorn branches not Yisil¢d by us,. or the financial ststements are not in agreement with the a¢wuoting records and retums" or certain disclosu￿S of trustee5' remuneration SFEcified by law kre not made- or we h¥ve not received 911 the inforniation and explwations we require for our audit. or the trustee5 were noi ¢ntiileil to tak¢ advantage of Ihe small companies exemption from the requirement to prepare a Stra*gic Re￿rt or in preparing the Report of the Try￿tees. Pag¢ 10 ortofihelnd Anthon dent Au itors to th Members of Re$ponsibilities of trustees As explained mor¢ fully in the Statement of Trustees, ResFonsibilities, the truste¢s (who w¢ olso the directors of the charithble company for ihe purposes of company law) are respjnsible for the prepar81ion of the financial statements and for being satisfied th they give a true and fair view. and for such in￿rnal control as the trustees deterniine is necessary to enable the preparation of financi staiements that are free from material misS￿¢m¢nE wheih¢r due io frnud or error. In pr¢pArin8 th¢ fingn¢iol st8tement$, the tmslees are responsible for assessing th¢ charitabl¢ company's obility io continu¢ as a going conceTn, disclosing. as app1t￿ble, matters relaied (o going concern And using the going concern b&sis of accounting unles5 the trustees either intend to liquidalt the chaTitable cornpany or to Ce￿ 0￿ratiOnS, or have no realistic aliemative but to do so. 0￿r respoTrsibili¢ies for the *ydi¢ of ¢ht finanetral statements .Our objectives are to obtsin reasonabl¢ assuranee alJ)ul whether the financial statements as a whole ore free from material misstatement, whether due to fraud or error. artd io issue a Report of the Independent Auditors thBt includes our opinion. Reasonable a$sur&nce is a high level of 8ssurance. bui is noi a guaranlee thgt an audit conducted in aCCord￿te with ISAS IUK) will always deie¢i a material misstatemenl when il exists. Misstsiem¢nis can arise from fraud or error and are considered material if, individually or in the aggTcgate. they could ￿¢SonablY k expected to influence the economic de¢isions of users tsken on the basis of ihese financial slat¢men We exercise professionol judgement and maintain professional seepli¢ism throughout the audit. It is our responsibility to identify and tsssess lh¢ risks of malerial misstatement in the financial statements. whether due to fraud or error. 10 d¢si8n And perfomi audit procedures responsive to those risks and io obtain evid¢nce ihat is sufficient and appropriate to provide a basis for our opinion. Be¢ause of irthe￿ nt limitations of audil there is 8 risk that we will rtol delecl all irrtgularilies. in¢ludinE those leading ￿ a maierial mi55tstement in the fin&n¢ial sraiemenls or non for our audit worl for this report. or for the opinions we have formed. onathan Russell (SenioT Sta￿l0ry Audiior) for and on behalf of Just Audit & Assurance Lid (Siawtory Auditor) 4 Souih Bar Street Banbury Oxfordshi OX169AA Dale.. Page 11 hon Tob HomesTrnst Stale f r the Ye8r Ended 30 Se ivi tember 2024 30.9.24 Unrestricted fijnds 30.9.23 Tor&1 funds Notes INCOME AND ENDOWMENTS FROM Donations and1¢8acies 384 24,113 ChAriiable *¢tivill¢y Charithble income 1,045.360 .005,461 Investment income Other income 69,470 13,262 27.959 61,OCKJ 1.128.476 1.118,533 ÈXPENDITUkÈ ON Raising funds Raising donations and legacies 10.316 13,961 10.316 13.961 Ch*ril*ble aetivltles Charitable ex￿nditUre 1,158,441 .061,391 I'ol#l .168.737 1.075,352 Net gaIn￿(lO$Sts) on invesknents (15,000) (3,051 > NET IIYCOMEI(EXPENDITURE} (55,281) 40,130 RECONCILIATION OF FUNDS Toial funds brou8ht forward 4.070.633 4.030.503 TOTAL FUNDS CARRIED FORWARD 4,015,352 4,070,633 Th¢ fomi pan of these fjnancial statements Ppg¢ 12 Anthon Hom Trust ment of Fingncial P itio tember 2024 30.9.24 Unrestricted funds 30.9.23 Total funds Notes FIXED ASSETS Tangible awts Investments Investhients InvestsM¢nt prop¢rty 2,181.301 2,202,265 13 14 ,134,251 525.000 1,067.216 540,000 3.840.552 3,809,481 CURRENT ASSETS DebtOTS Cash at bank ond in h8nd 15 149.446 136,235 80,488 240,987 2¥5.6¥1 321.475 CREDITORS Amounts falling due within one year 16 (110.881) 160.323) NET CURRENT ASSETS 174,800 261,lJ2 TOTAL ASSETS LESS CURRENT LIABILITIES 4,015,352 4,070,633 NET ASSETS 4,015,332 4,070,633 FUNDS Unrestricied fund$'. General fund RevaluHtion rtserv¢ Fund 17 3,901,702 13,650 3,941,983 128,650 4,015,352 4,070,633 TOTAL FUNDS 4.015.352 4.070,633 These financial Sthiemenis have ￿en prepared in accordance with the provisiong applicable lo charitable com SMBII companies regime. anies subject to the The financial statements w¢r¢ gpproved by the Board of TTUS*es and aulhorised for i55u¢ on ... .................... .. sign¢d on its behalf by.. . and were R Mason- Trustee The notes form partof these financial statements Page 13 Anthon Trust ment of ash Flows for tht Year Ended 30 Se lember 2024 30.9.24 30.9.23 Noies Cish flow$ from opergling attivities Cash generated from or¢rations (34?32) 16.302 Net (used inyprovided by operating a¢tivilies 134,332) 16.302 Cgsh llows frnm Investing 8ctivitles Purchase of tangible fixed &ss¢is Purch&se of fixed asset invesiments Sale of•ian8ible fixed assets Sale oftsngibl¢ fixed asset5 Sg1¢ or rixed &ssel investments Sale of investment property (21,385) (67,03S) 13,262 4,738 (12,948) (327,738) 61.000 3.359 (3,051) 425,000 Nel cash (us¢d inyprovided by inve$ting aciivit (70,420) 145,622 ChgThg¢ in (ash t4Jh equlvAlents In ¢h¢ reporting period Cash ¥Jnd cash equivwlents At the beginning of the reporiinE period (104.752) 161.924 240.987 79.063 Cash gnd cash equivalenls It the end of the roportin8 perlod 136.235 240.987 The notes form pyrt of these financial ststements Page 14 Anih Tob Homes Trust Note nt of Cash Flows for the Year Ended 30 Se tember 2024 RECONCILIATION OF NETIEXPENDITUREYINCOME TO NET CASH FLOW FROM OPEIi4TING ACTIVITIES 30.9.24 30.9.23 Net {exp¢ndituttyincome fDr ihe reporting period (as per ¢he Statement of Fin4ncial A¢tiviiies) Adjustments for: Depreciation charges Losses on investments Profil on disryjsal of fixed assets In¢rease in d¢btOTS Increasel(de¢reas¢) in crediiors (55,281) 40.130 37.611 15.0(Kl (13,262) (68,958) 50.558 46.738 3,051 (61,0001 (2,956) (9,661) Net eA$h {￿sed inyprovided by operailons {34.332) 16,302 ANALYSIS OF CHANGES IN NET FUNDS At 1.10.23 Cash flow AI 30.9.24 Net eash Cash gt bank in hand 240,987 (104,752) 136,235 240.987 (104,752) 136,235 Total 240,987 (104,752) 136,235 Th¢ notes fom) part of th¢se financial styt¢mtnts Page 15 Antho sTru Notes for th Y¢ar Eftded 3 tember 2024 AccouNfiNG POLICIES Basis of preparing the f¢n•n¢io1 slal¢ments The financial statements of th¢ charitable company, Mthich is a public benefit entity under FRS 102, have prepared in accordance with the Ch￿IlleS SORP (FRS 102) 'Accounting and Reporting by Chariti¢s: Statement of Recommended Prnciice applicable to charities pteparing their accounts in accordance with the Financial RekK)rting Standard applt¢able in the UK and R¢public of ljrland {FRS 102} {effective l January 2019),. Financial Reporting Standard 102 The Financial ReFrf)rting Standard applicable in the UK and Republic of Ireland. ihe Companies Aci 2006. The financial statements hY4ve been prepared under th¢ historicol cost convention, wilh the ex¢¢ption of inv¢stsn¢nls which ore included ot market v&lue. &$ modified by the revaluation of certain assets. Incoming resources Donaiions and other fornis of voluntary in¢om¢ are Tecognised in the financial statements when receivable. Income from government and other public autik)rities is reo)gnised on an accruals b&si$. Resident fees are tt¢ognised in th¢ financial ststements on An accrual basis. ChArit*ble 4etivitie5 All expenditure is accounted for on an a¢¢Nals basis and has k¢n classified under headings that aggregate all costs related to Ihe ¢aie80ry. Re50urcc$ are expended in ih¢ furtherance of the charity's obje¢tive& to provide fw(14¢￿rnM0d4ti0rt and *tlfAre for th¢ T¢sidents ofihe Tnjsvs residential properties and io maintain and improv¢ tho% properties. Governance costs Governance costs ￿nSISt of eosts incuntd in ensuring compliance with constitutional and sthtuiory requirtments, and in ensuring publi¢ accountsbility. T*nEible fixed Tangible ass¢is are sloted ai rA)st (or deemed cosi) less accumulated depre¢iaiion. Land and buildings include freehold PTOF¢rty which is s¢ai¢d al d¢¢m¢d being the valuation at the dale of transition to FRS102 (01 October 2015). less accumulaled depreciaiion. The ¢haritable company previously adopted a policy of revaluing free1￿]d land and buildings and they were ststed at their revalued 8mount less any subsequeni dep￿cIali0n. Depreciation is provided a¢ ihe following 8nnual fates in order Freehold prop¢rtie& excludinB land Investment property Furniture and equipment Computer equipment Moior Vehicles 20/0 Strgighi line IOVO Straight line 330h 5tr8ighi line 200A straight lin¢ Replacement furnishings and equipmeni and other Capital expendiwre not exceeding £500 per item is written off as part OF 1¢sou￿¢S ¢xp¢nded and not capitulised. Investments The mbstees have adopled a prudent low risk S￿￿egY with regard to investments such that cash is invested in bfink deposit boThJs at the best rate available and which generally have a period of kss that one year to maturity. Investment properties Investment prosxrties are held to earn renthls and for capital appr¢¢iation. They valued at market value 85 at the balance sheet d8ie. Goins or losses 4risin8 from changes in th¢ fair valuc of investment property are included in the PTofii and loss for the ptriod in whieh they arise. Rental income 15 recognised in the Ftriod io which it rela*s. . Taxation The company is a registered charity, and as su¢h is enliiled to tsx exemptions on in¢onK gnd gains. properly appli¢d for its charitsble purposes. Fknnd *ecounting The funds constitute unrestricted funds which aTe availAble for use al the discretion of the trustees, in furtherom¢e of the g¢neral objectives of the charity which have not been designated. forother purwses. Pag¢ 16 continued... Anthon Trust tes to the Financial Sta for the Y¢8r End¢d J ts-co er2 irt tem 24 ACCOUNTINC POLICIES- cont1￿￿ed Defined Contribution pensioTh plan$ The charitsble company operates a defined contribution plan for its employees. A defined contribution plan is a Fension plon und¢r whi¢h the charitable company pays fixed ¢ontributions into a separate eniity. Once the contributions have paid th¢ charitable company has no further paymeni oblig81ions. The ¢ontributions ue rtcogni%d &$ an expense when they are due.Amounts not paid are Sho￿ in accruals in th¢ bglanc¢ sh¢d. The assets of the plan we held separately from (he charitable company in independently administered fijnds. Financial instrnmtTrts The charitable company only has finan¢ial assets ond financial liabilities of a kind that qualify as basic financial in51TumenlS. 8gsi¢ financial instruments are initially recognised 41 transaction vdue subsequenily M¢￿U[ed at their settlement value. Trade d¢btors are amounts due from lo￿1 auihoriiies for servic¢s perfomied in the ordinary course of business. Trade debtors are re¢ognised at th¢ undiscounted amount of e4sh receivable, which is Dorn)olly the invoic¢ priee. Trade ¢r¢ditOts are obligations to pay for goods or services th41 have been acquiTed in the ordinory course ot. business Irom suppliers. A¢￿unt$ payable ￿e classified as creditOTS falling due wiihin one year ifpayment is due within one year or less. If nol, they are pr¢s¢nied &T creditors falling due after one year. Trade ¢r¢ditors are r¢co8nised ai the undiscounted amount owed to the supplier, which is normally the invoice price. SIGNIFICAKf ESTIK4TES AND JUDGEMENTS Estimale$ and judg¢ments are continually evaluaied and are b85ed on historical experience and other faci0￿ in¢ludin8 expectations of future events that are &liev¢d to be reasonable under ihe circumstances. The charitable ¢ompony mok¢s estimates and ￿UMpI10n$ concerning the fiJbJre. The resuliing aeeounling esiimates and assumptions will, by definition, seldom equal the r¢laied a¢tual Yesults.The Trustees ￿lieVe thai ihe key area where esiimates ar¢ involved is the v81ualion of ihe investrnent prop¢rti¢s. This area has a 5i8nificant risk of causing a rnaterial adjustment to the carrying omounts of assets and liabilities within the nexi financi41 year. DONATIONS AND LEGACIES 30.9.24 30.9.23 Donations 384 24.113 INVEgi'MENT INCOME 30.9.24 30.9.23 Rents received Bank dep)sit interst 22,500 46.970 17,649 10,310 69,470 27,959 Page 17 nlinued... Antho Tob Home5 Trust o th Finantial Statements- continued for the Year Ended 30 24 INCOME FROM CHARITABLE AcfiviTIES 30.9.24 30.9.23 A¢tivity ch￿itable income Charitabl¢ income Charitable income Residential fees Day support fees Residents contribution 966,610 54.109 24,641 939,051 47.729 18.681 1.043.360 1.005,461 RAISIP4C DONATIONS AND LEGACJES 30.9.24 30.9.23 Investment management costs 10.316 13.961 CHARITABLE ACTIVITIES COSTS Suppjrt costs {5ee note 8) Direct Costs Totals Charitsble expenditure 985,393 173,048 1,158,441 SUPPORT cosrs Govemanc¢ ¢￿sts Financ Totals Charilable expendi￿re 1.772 171.276 173,048 NET INCOMEJ(EXPENDITUREI Net incomel{expenditurt) 1$ stated after char8)n￿(CredI11n9)., 30.9.24 30.9.23 Auditors, remuneration Depreciation- owned &4sets Surplus on disposal of fixed assets 8.490 37,611 {13,262) 8,660 46,738 (61,0001 10. TRUSTEES, REMUNERATION AND BENEFITS No remuneration was paid to any TnJst¢¢ during the year. Expenses iotalling £Nil (2022.. £Nil) %¥tr¢ reimbursed to the Trustees in reSF¢¢i of travelling and oul.of.p)¢ket ex￿n$t5 incurred while a¢lin8 as Trusi¢es for the charity. There are two Tnjstees who have rtlatives at the home, however, thert was no ￿nefit to the trustees as ihese Telatives did not rec¢iv¢ pr¢fer¢ntial rat¢s. Trustees, expenses There wert no trusie¢s' expenses paid for ihe year ended 30 September 2024 nor for th¢ year end¢d 30 Sepiember 2023. Page 18 continued... hon Tob HomesTr st Not ncial f r the Year FThded 30 tatements- conti er2 24 STAFF COSTS 30.9.24 30.9.23 WB8es and salaries Social security costs Other pension costs 691,774 55,889 13,241 649.481 56,252 12,375 760,904 718,108 The avero8e monthly number of employee5 during lh¢ year was as follows.. 30.9.24 30.9.23 Managemeni Financ¢ ond otTice Car¢ and r¢sid¢nt8 work 27 27 31 31 No ¢mploy¢¢ r¢c%ived emolumen15 of more than £60.￿0 onnum durin8 the year. The total of employee tenefits (salary and employers pension Contribution) paid io the senior leadership team in the year ioialled £162,787 {2023'. £168.501). 12. TANGIBLE FIXED ASSETS Fixtures and rit¢in8S Freehold propety Motor vehicles Computer equipmenl Totils COST Ai l Othober 2023 Additions Disposals 2.250,000 296,519 4.390 44,833 16,995 (23,690) 9,306 2.600,860 21,385 123,690) At 30 September 2024 2.250,000 300,909 38,140 9,506 2,598,555 DEPRFCIATION Ai l Octokr 2023 Charge for year Eliminated on disposal 132,000 16,500 216.992 17.712 40,097 3,399 (18.952) 9.$06 398,S95 37.611 (18.952) At 30 September 2024 148.500 234,704 24,344 9,506 417.254 NET BOOK VALUE At 30 September 2024 2.101.500 66,205 13,596 2.181.301 At 30 September 2023 2.118,000 79.527 4,738 2,202,265 The charitsble ¢ompany applied the transitional arrangements of section 35 of FRS 102 and used a valuation at 01 OctoE*r 2015 as the deemed cost for freehold pro￿rtIes. The Properties are Ixhng depTeciated from th¢ transltion date. Analysis of the land and buhldings valued at the date of transition to FRS 102 using the deemed ¢ost exemption.. 2021 2020 Historical cosl equivalent R¢valuation 809,161 1,440,839 809,161 1,440,839 2,250,000 2,250,0(KJ Page 19 Continued... Anthon Tob Homes Trusi ot to iht Financial Statements- eontinued f r the Year Ended 30 Se tember 2024 13. FIXED ASSET INVESTMEKrs 30.9.24 30.9.23 Other ,134.251 1,067,216 There were no investment assets outside the UK. Investments (neither listed nor unlisted) were as follows.. 30.9.24 30.9.23 Dep￿11 a¢counlS 1.134,251 1.067,216 14. INVESTMENT PROPERTY FAIR VALUE At l October 2023 Revaluation 540.oC￿l (15.OCNJ) At 30 sePtem￿r2024 s25,c￿￿) NET BOOK VALUE At 30 September 2024 S25.(￿0 At 30 Sept¢mber 2023 540,000 Historical CO￿ ofproperty 716,350 Ai the year en4 Charity owned one investment prnperty, 31 Sarum Crescenl. An estimate iv&s provided on the Market Value of 31 Sarum Crescent by Rath residential during the year ended 30 S¢pt¢mbei 2024 based on local property prices and Land Regisry indices.It's market value is eslim8ted to Ix £523 000 with an initial marketing price of £550,000. Market value at which this property is included in the occounts is £525,000. Fair volu¢ al 30 Sept¢mb¢r 2024 is represented by: Valuaiion in 2024 525.(KiO 13. DEBTORS.. AMOUNTS FALLINC DUE WITHIN ONE YEAR 30.9.24 30.9.23 Trade debtors Other debtors Prepayments and accrued income 128,168 3,860 17,418 58,170 5,540 16,778 149,446 80,488 Page 20 coniinued... Anthon Tob HomesTTrst Notes to the Financial S for the Y¢ar Ended 30 ements- eon tem r 2024 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.24 30.9.23 Trade creditors Social security and other t&%es Pensions Other credilors Deferned income Ac¢n¢ed expenses 15,990 3.131 1,271 66.109 24,369 15,186 2.874 (73) 23.417 18,908 110.881 60,323 Deferred income relates to residents, fees invoiced in adv￿¢* for resid¢ntial care provided in Octrjber 2024. 30.9.24 23,416 966.610 (1.056,133) 30.9.23 23,227 907,470 (907.281) Balance ot the start Amount invoiced during the year Amount due for the year Balanc¢ ai the end 66,109 23.416 17. MOVEMEiYf IN FUNDS Net mtsvemenl in funds At 1.10.23 At 30.9.24 Unrestricted fund5 Gener81 fijnd Revaluation reserve Fund 3,941,983 128.650 (40,281) (15.000) 3,901,702 113,650 4.070,633 (55.281) 4.015,352 TOTAL fiUNDS 4,070,633 (55,281) 4,015,332 Net movement in funds, includ¢d in the a￿ve are ￿ follows: Incoming Sou￿5 Resources expended Gains and losses Mov¢ment in funds Unreslri¢led I￿ndS GencrHI fund Revaluation reserve Fund 1.128,476 (1,168,757) (40,281) {15,000) (15.000) 1,128.476 (1,168.757) (15,000) 155,281) TOTAL FUNDS 1,128,476 (1.168,757) 115,IKJO) {55,281) Pag¢21 C4)ntinued... Anthon Tob Homes Trust to the Financial Stat for the Year Ended 30 ts-con tember 2 24 17. MOVEMENT IN FUNDS- continued Comparntives for movement in f￿ndS Net movement in funds At 1.10.22 A¢ 30.9.23 Unrestrieted funds General fund Revaluation reserve Fund 3.901.853 128,650 40.130 3,941,983 128,650 4,030,503 40,130 4,070,633 TOTAL FUNDS 4,030,503 40,130 4,070,633 Comparative nel movement in fvttds. includ¢d in the aknve are Is follows: Incoming resourtts R¢sourc£s expended Gain$ and losse$ Movement in funds Unrestrici¢d funds GenerAI fund 18.333 (1,073.352) (3.051) 40.130 TOTAL FUNDS 1,118,533 {1,075,352) 13,051) 40,130 18. RELATED PARTY DISCLOSURES Thert were no rtlaied porty transactiony for the year ended 30 Seplember 2024. 19. INDEMNITV INSURANCE In accordance with wwers contsirted within the Articles of Association, the TNst has taken out Trustees, Director4 and Ullicers, indemnity inguran¢e. The cost of this indemnity insurance is included in the total insurance cosi of £12,243 (2023.. £8,528). 20. CAPITAL COMMITMENTS At the y¢ar end the charitable company had cBpital ¢ommitments of £Nil {2022'. £Nil). Pag¢ 22 nthoTh Detail Fi he Year Ended 30 Se tember 2024 30.9.24 30.9.23 INCOME AND ENDOWMENTS Donations and legaiies Donations 384 24.113 Inveslmenl ineorne Renls received Bank de￿sIt interest 22,51K) 46,970 17.649 10,310 69.470 2?.959 Charit#blt *¢tivi¢ies Residenii41 f¢es Day supwjrt fees Residents contribution 966,610 54.109 24,641 939,051 47,729 18,681 1.045.360 1.005,461 Other income G&in on sal¢ of intangibl¢ fixed as%ls 13,262 61,000 Total iTheoming resourceg .128.476 .118.533 EXPENDITURE R*SJing donAtions and le$•¢les Investrnent mdnAgemeni cosis 10,316 13.961 Charitable activities Wages Social security P¢nsions Rates and wgter Instsranc¢ Lighi and heat Telephone Posiage and styrionery Sundries Other siatTcosts Residents and care costs Provi9ions and household Premises and general exp¢ns¢5 Travel costs Training Professional fees R¢¢ruitmeni cosi$ Agency cKtrsts Infection Control Computer Costs Day Car¢ Activites Gift5- Other Gifts to Residents Depreciation of tangible fixed &sse 547,696 39,772 10,650 3,507 12,823 25,607 2,143 941 947 1.590 37.104 52.146 68.593 19,489 3,069 21,104 892 80,571 9,930 8,140 500,864 39.377 9,366 5.843 18,301 23,108 2,665 1,452 595 1.273 25.453 58,450 34.240 7.295 2.663 27.685 1,388 52.404 14,933 6.896 917 2,609 291 46,738 J7,611 985,393 884,040 This page does not fomi part of the ststhiory financial statements Pa8¢ 23 Anth Tob Home5 Trust ailed S forth Y r Ended 30 S tember 2024 30.9.24 30.9.23 Supptsrt costs Finan¢t Bank charges ,772 190 Covern*n¢e ¢￿ts Wages So¢ial security Pensions Auditors. remuneration 144.078 16,117. 2,591 8,490 148.617 16,875 3,009 8,660 171.276 177.161 Totsl resources expended 1,168,757 1,075,352 N¢1 {¢xpenditure)lineome before 8ain5 Ind los$ey (40.281) 43.181 R¢4lised re¢oenl$ed g#iJbg and losses Realis¢d gain￿lI055¢s) on fixed ass¢t investments 13.0511 Ntt (expcnditurtllincome (40.281) 40.130 This page does not fomi part of the stawtory f￿anCIal statements Page 24