**Charity registration number 1105623**
## **FROWDS HOUSE**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED**
**31 JULY 2024**
4 Brackley Close Bournemouth International Airport Christchurch Dorset BH23 6SE
## **FROWDS HOUSE**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Mrs E J Wingate-Saul Miss R J Wingate-Saul Mrs L M Sloan
## **Charity number**
1105623
**Independent examiner**
Harrisons Chartered Accountants 4 Brackley Close Bournemouth International Airport Christchurch Dorset BH23 6SE
## **FROWDS HOUSE**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 2|
|Independent examiner's report|3|
|Statement of financial activities|4|
|Balance sheet|5|
|Notes to the financial statements|6 - 11|
|Detailed Statement of Financial Activities|12 - 13|
## **FROWDS HOUSE**
## **TRUSTEES' REPORT** _**FOR THE YEAR ENDED 31 JULY 2024**_
The trustees present their annual report and financial statements for the year ended 31 July 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The aim of Frowds House is to offer independent accommodation to people who are recovering from mental health issues, but who feel ready to live with some support in the community. Frowds House encourages people to develop skills, make friendships and relationships and take part in local activities. The length of stay is flexible but Tenants are encouraged to move to their own independent accommodation when they are ready.
## **Achievements and performance**
Frowds House continues to be managed day-to-day by the staff at Woodstock House Limited, overseen by managing Trustee Jane Wingate-Saul.
We continue to take referrals from Woodstock House and Wiltshire County Council Social Work Team. This year, Frowds supported 12 residents in total, including two residents who have moved into independent living.
This year we started to employ Hanne Bonczoszek, a life and career coach who provides one-to-one coaching to support residents' personal development, wellbeing, and future planning. Her coaching approach is tailored to each individual and includes topics such as confidence building, goal setting, emotional resilience, routine building, and practical life skills. She has made a huge difference to residents, and we are grateful for her continued input.
Three residents are being supported to attend Salisbury University Technical College, studying Music & Production, English and Design Technology. Two are doing voluntary work in the community.
Six of the 10 residents regularly visit Woodstock's community farm, which provides activities such as cleaning, feeding and grooming animals, cooking, baking, table tennis and group sessions. The farm visits also encourage residents to travel independently, enabling them to gain confidence and independence.
## **Building maintenance**
Following a quinquennial survey, which highlighted important areas in need of attention, we undertook a major programme of repairs and maintenance. This included work on the roof, chimneys, windows and cupola. This was funded out of our Extraordinary Repair and Maintenance Fund. A local builder undertook most of the work, overseen by a surveyor experienced in working with historic buildings.
There are still non-urgent works to be done, and these shall be scheduled when funds are available.
## **Working with Partners**
Frowds works closely with Wiltshire County Council to provide residents with the care and support they need. Carol Monaghan, Adult Services Manager at Wilshire County Council says of the services provided: "They are an experienced and skilled team and have a real understanding of clients with mental health needs. Frowds House is a perfect match for individuals to step down from 24/7 support, and then eventually into their own accommodation. The staff team stick by their residents even when things are a bit tough. And have a "can do" and person-centred approach - their cup is never half full, and most of the time it's overflowing."
The Trustees are very grateful to Woodstock's staff team for all their hard work, and look forward to another successful year next year.
- 1 -
## **FROWDS HOUSE**
## **TRUSTEES' REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2024**_
## **Financial review**
The Charity made a deficit for the year of £407 (2023: surplus £16,479).
The trustees aim to retain reserves at a sufficient level to cover support and governance costs and in particular the maintenance and upkeep of the building.
The unrestricted reserves at the year end totalled £471,594 (2023: £472,001) which includes designated funds relating to freehold property and repairs funds of £411,959 (2023: £429,413).
## **Structure, governance and management**
The trustees who served during the year and up to the date of signature of the financial statements were:
Mrs E J Wingate-Saul Miss P J Wingate-Saul Resigned after 31 July 2024. Miss R J Wingate-Saul Mrs L M Sloan
The Trust retains overall financial control and prepares the end of year accounts for the accountant. A Trustee meets regularly with the Woodstock Team and reports to the other Trustees. The Trustees also meet quarterly with the Woodstock Team.
The trustees' report was approved by the Board of Trustees.
## **Mrs E J Wingate-Saul**
Trustee Dated: 28 May 2025
- 2 -
## **FROWDS HOUSE**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FROWDS HOUSE**
I report to the trustees on my examination of the financial statements of Frowds House (the charity) for the year ended 31 July 2024.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Harrisons Chartered Accountants Independent Examiner
4 Brackley Close Bournemouth International Airport Christchurch Dorset BH23 6SE
Dated: 28 May 2025
- 3 -
## **FROWDS HOUSE**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 31 JULY 2024**_
|||**Unrestricted Unrestricted**|**Unrestricted Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2024**|**2023**|
||**Notes**|**£**|**£**|
|**Income from:**||||
|Charitable activities|**3**|51,454|57,451|
|Investment income|**4**|443|28|
|**Total income**||51,897|57,479|
|**Expenditure on:**||||
|Charitable activities|**5**|52,304|41,000|
|**Net (expenditure)/income for the year/**||||
|**Net movement in funds**||(407)|16,479|
|Fund balances at 1 August 2023||472,001|455,522|
|**Fund balances at 31 July 2024**||471,594|472,001|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 4 -
## **FROWDS HOUSE**
## **BALANCE SHEET**
## _**AS AT 31 JULY 2024**_
|**Notes**
**Fixed assets**
Tangible assets
**10**
**Current assets**
Debtors
**11**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**12**
Net current assets
**Total assets less current liabilities**
**Income funds**
Unrestricted funds
**13**|**2024**
**£**
-
104,145
104,145
(10,475)|**£**
377,924
93,670
471,594
471,594
471,594|**2023**
**£**
75
153,980
154,055
(59,565)|**£**
377,511
94,490|
|---|---|---|---|---|
|||||472,001|
|||||472,001|
|||||472,001|
The financial statements were approved by the Trustees on 28 May 2025
Mrs E J Wingate-Saul **Trustee**
- 5 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 JULY 2024**_
## **1 Accounting policies**
## **Charity information**
The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Garretts Farmhouse, Martin, Fordingbridge, Hants, SP6 3LN.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for small charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 6 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 JULY 2024**_
## **1 Accounting policies**
**(Continued)**
## **1.5 Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings Not depreciated Fixtures and fittings 20% straight line
It is the charity's policy to maintain its freehold property to a high standard, so that the estimated residual value will not be impaired over time. The costs of this maintenance are charged to the Statement of Financial Activities. The trustees are of the opinion that any depreciation in respect of charity's freehold property would be immaterial and consequently, no provision is made in the financial statements for such depreciation.
## **1.7 Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **1.8 Financial instruments**
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
- 7 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 JULY 2024**_
## **3 Charitable activities**
|**Charitable activities**|||||
|---|---|---|---|---|
||**Unrestricted**|**Total**|**Unrestricted**|**Total**|
||**Funds 2024**|**Funds 2024**|**Funds 2023**|**Funds 2023**|
|||**£**|**£**|**£**|
|Residents' contributions|8,428|8,428|8,549|8,549|
|Housing benefit|41,778|41,778|47,300|47,300|
|Capulet Road|(316)|(316)|208|208|
|Electricity|1,564|1,564|1,394|1,394|
||51,454|51,454|57,451|57,451|
|**Investment income**|||||
||||**Unrestricted**|Unrestricted|
||||**funds**|funds|
||||**2024**|2023|
||||**£**|£|
|Interest receivable|||443|28|
## **4 Investment income**
**5 Charitable activities**
|Charitable Expenditure
Share of governance costs (see note 6)
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Legal and professional fees
-
206
Audit fees
-
1,052
-
1,258
Analysed between
Charitable activities
-
1,258|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2024**
**2023**
**£**
**£**
51,046
40,008
1,258
992
**2024**
Support
costs
Governance
costs
2023
**£**
£
£
£
206
-
122
122
1,052
-
870
870
1,258
-
992
992
1,258
-
992
992|**Charitable**
**Expenditure**
**Charitable**
**Expenditure**
**2024**
**2023**
**£**
**£**
51,046
40,008
1,258
992
**2024**
Support
costs
Governance
costs
2023
**£**
£
£
£
206
-
122
122
1,052
-
870
870
1,258
-
992
992
1,258
-
992
992|
|---|---|---|
|||2023
£
122
870|
|||992|
|||992|
## **6 Support costs**
Governance costs includes payments to the independent examiners of £1,052 (2023- £870).
- 8 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 JULY 2024**_
|**7**|**Net movement in funds**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|1,052|870|
||Depreciation of owned tangible fixed assets|142|120|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **9 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **10 Tangible fixed assets**
|**10**
**Tangible fixed assets**||
|---|---|
|**Freehold land**
**and buildings**
**Fixtures and**
**fittings**
**£**
**£**
**Cost**
At 1 August 2023
377,418
1,940
Additions
-
555
At 31 July 2024
377,418
2,495
**Depreciation and impairment**
At 1 August 2023
-
1,847
Depreciation charged in the year
-
142
At 31 July 2024
-
1,989
**Carrying amount**
At 31 July 2024
377,418
506
At 31 July 2023
377,418
93
**11**
**Debtors**
**2024**
**Amounts falling due within one year:**
**£**
Other debtors
-|**Total**
**£**
379,358
555|
||379,913|
||1,847
142|
||1,989|
||377,924|
||377,511|
||**2023**
**£**
75|
- 9 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 JULY 2024**_
## **12 Creditors: amounts falling due within one year**
|**Creditors: amounts falling due within one year**|||
|---|---|---|
|Other creditors
Accruals and deferred income|**2024**
**£**
-
10,475
10,475|**2023**
**£**
57,548
2,017|
|||59,565|
## **13 Unrestricted funds**
These are unrestricted funds which are material to the charity's activities.
|**Balance at**
**1 August 2023**
**r**
**£**
Unrestricted fund
42,588
Designated fund - Freehold property
377,418
Designated fund - Extraordinary repair
and development
51,995
472,001
**Balance at**
**1 August 2022**
**r**
**£**
Unrestricted fund
37,095
Designated fund - Freehold property
377,418
Designated fund - Extraordinary repair
and development
41,009
455,522|**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**£**
**£**
51,897
(34,850)
-
-
-
(17,454)
51,897
(52,304)
**Movement in funds**
**Incoming**
**esources**
**Resources**
**expended**
**£**
**£**
57,479
(41,000)
-
-
-
-
57,479
(41,000)|**Transfers**
**Balance at**
**31 July 2024**
**£**
**£**
-
59,635
-
377,418
-
34,541
-
471,594
**Transfers**
**Balance at**
**31 July 2023**
**£**
**£**
(10,986)
42,588
-
377,418
10,986
51,995
-
472,001|**Transfers**
**Balance at**
**31 July 2024**
**£**
**£**
-
59,635
-
377,418
-
34,541
-
471,594
**Transfers**
**Balance at**
**31 July 2023**
**£**
**£**
(10,986)
42,588
-
377,418
10,986
51,995
-
472,001|
|---|---|---|---|
||||472,001|
Unrestricted funds are available to be spent for any of the purposes of the charity.
The Freehold property designated fund represents the initial purchase of the freehold property.
The Extraordinary repair and development designated fund is to be used for any extraordinary repairs or developments required at the freehold property.
- 10 -
## **FROWDS HOUSE**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 JULY 2024**_
## **14 Related party transactions**
During the year the charity expensed £48 (2023: £84) of reimbursable travel expenses incurred by Mrs E J Wingate-Saul on behalf of the charity.
During the year the charity expensed £nil (2023: £97) of reimbursable travel expenses incurred by Miss P Wingate-Saul on behalf of the charity.
During the year the charity expensed £160 (2023: £97) of reimbursable travel expenses incurred by Miss R J Wingate-Saul on behalf of the charity.
- 11 -
## **FROWDS HOUSE**
## **MANAGEMENT INFORMATION**
**FOR THE YEAR ENDED 31 JULY 2024**
## **FROWDS HOUSE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
## _**FOR THE YEAR ENDED 31 JULY 2024**_
|**Income and endowments**
**Charitable activities**
Residents' contributions
Housing benefit
Capulet Road
Electricity
**Investment income**
Bank interest receivable
**Total income**|**2024**
**£**
8,428
41,778
(316)
1,564
51,454
443
51,897|**2023**
**£**
8,549
47,300
208
1,394|
|---|---|---|
|||57,451|
|||28|
||||
|||57,479|
- 12 -
## **FROWDS HOUSE**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** _**(CONTINUED)**_
## _**FOR THE YEAR ENDED 31 JULY 2024**_
|**Expenditure on charitable activities**
**Charitable activities**
**_Activities undertaken directly_**
Depreciation
Rates and water
Light and heat
Repairs and maintenance
Insurance
Cleaning
Motor and travel
Telephone
Printing, postage and stationery
Residents' entertainment
Sundry expenses
Legal and professional fees
Life and career coaching
**_Governance costs_**
Independent examination fees
Bank charges
**Expenditure on charitable activities**
**Net income/(expenditure)**|**2024**
**£**
142
1,806
7,695
25,134
3,167
1,754
208
1,005
812
1,126
197
-
8,000
51,046
1,052
206
1,258
52,304
(407)|**2023**
**£**
120
1,644
5,310
25,412
2,558
1,595
278
665
635
581
10
1,200
-|
|---|---|---|
|||40,008|
|||870
122|
|||992|
||||
|||41,000|
||||
|||16,479|
- 13 -