Re8lstered Charlty Number: 1159083
Trr¥-&r&Ttield Flrth Almshouses
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
For the year ended 31 December 2023

The Sheffleld Firth Almshouses
Contents
Contsnts
Page
Legal and administrative Infomiation
Trustees, annual report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the accounts
10-16

The Sheffield Flrth Almshouses
Legal and admlnistrative information
for the year ended 31 De￿mber 2023
Full namè
The ShefField Firth Almshouses
Other names by vthlch the charlty 15 known
The Firth Almshouses
Firth's Homes
Charlty number
1159083
Trusteès
Louise Shield
Chair & Governance Group
John Gaunt
Governance Group
Alan Card
Governance Group
Bernard Wèbster
Estate Group
Richard Lomas
Estate Group
Patricia Nollent Inee Whitkml HouslnÉ Allocatlon Group
Margaret Stoddard
Housing Allocation Group
Barb3ra Doyl&
H•alth. Safety and Welfare Group
Jane Holmes
Housing Allocation Group
C3th@.rinp Aailey
H031th, Safety and Wclfare Group
Graeme Beck
Estate Group
Retired February 2023
Retired May 2023
Prlnclpal address
No l Flrth Homes
Nethorgre•n Road
Sheffield
SII 7EG
Accountants
Seven Hills Accountants Limited
57 Burton Street
ShÈffield
S62HH

The Sheffield Flrth Almshouses
Trustees. annual report
For the yoarended 51 twember ZQZ3
The trustees submlt their annual feport and the financial statements for the year ended 31 Dècember
2023. The financial statements comply wlth the Charities Act 2011, the governing document and the
charities Statement of Recommended Practice (applicable to charities preparing thelr accounts in
accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland., FAS
1021 issued in October 2019.
Strurture Governance & Management
The organisation was registered as a Charttable Incorporated Organisation ICIOI with the Charity
CL)mmission on 5 November 2014 with charity number 1159083. It Is governed by its Constitution.
The charity was originally founded in July 1869. Previously the organisation was governed under a
TTUSt Deed dated 9 july 1869 as amended by the Charity Commission Scheme dated 27 November
2007, charity number 219116.
The full Board of Trustees meets quarterly to plan and review the fur*ction of the charity. Truste
review and modify as necessary the controls and structure of the organisation, which includes four
operational sub-groups (see abovel. The Chair is elected every January in accordance wlth the
constitution. Bernard Webstei retired as Tru5teÈ In February 2023 having been on the Estates
subgroup since 2014. Margaret Stoddart a150 retlred as a Trustee in May 2023 having been on the
Housing subgroup from 2014. The Estates and Housing subgroups retain two members each which is
deemed by the Trustee board to be sufficient at this time. The I rust employ5 a salaried Clerk and <1
Resident Warden through competitive recrultment and their wage is reviewed at the Annual Budget
Planning meeting. The Governance committee continue to review and upilate the kirth trlome5'
policies and procedures to ensure the effertive running of the charity.
Objects arml artlvltles of thè charfty
Thp. t.h3ritBblÈ objects are:
al To provide housing accommodation for men and women, resident in Sheffield who arè over 60
year5 and are in need, hardship or distress,. and
bl such other charitable purpose5 forthe benefit of the resldents as the trustees decide.
This tharity owns an estate of sheltered accommodation for elderly people who are able to live
Independently. The Almshouse Trust was founded in 1869. In 1970 the homes were rebuilt w￿h
twenty eight flat5 and four bungalows. The Trust aims to provide Its residents with a secure,
cornfortable and happy Ènvironment. Facilities on the estate include a laundry and community hall.
The morale of residents is also important to the Trustees and therefore a range of social activities are
organised and encoura8ed. Firth Homes is popular and has a good reputation.
In shaping our objectiwes for the year and planning our activities, the trustees have considerèd the
Charity Commission's guidance on public benefit, including the guidance 'public benefit.. running a
charity IPB21' and the additional guidante OTh fee charging. The priority for Trustees is to manage
available resources to achieve its chafitable objectives in the most cost efficient manner whllst
ensuring thatthere may be sufPicient provision to meet futurè thallen8es.

The 5heffi.eld Firth Almshouses
Trustee5' annual report Icontlnued}
For the year ended 31 December 2023
Summary of t￿ main a£tlvltles and achlevèments during the year
The Community Hall is used regularly by the residents for social meetln8s such as weekly coffee
morninos. bingo, card5 and art club. Special events in 2023 have intluded the Kin¥s coronation
celebration. Halloween and bonfire night parties and the residents Christmas party. Organsed trips
have included a coach trip to Cleethorpes.
The Resitlent Warden is on site to respond immediately to all the securfty. maintenance and health
issues that arise. The Warden is notified of all emer8enties (health 31erts and fire alarms) many of
which are outside normal working hours.
The overall occupancy rate for the year wa$ 96% as there was a total of seventy two weeks in 2023 In
which there was a vacancy in one of the properties. Three homes became empty in 2023 with one
additional home which was vacated the previous year and remalned vacant until May 2023. Of the
three homes which were vacated bNO residents sadly died and therè was one internal move to an
upgraded home on health grounds. Another resident also died and left their widow in occupation.
The vacant homes underwent refurbishment and were r&oc¢upied by two new resident5 and an
existing resident couple who moved internally. one flat remains vacant. At the year*nd thirry-one
homes were occupied bythirty-two residents Ithere is one couplel. There are currently 25 female and
7 male residents, the mean average age of residents is 78 years.
The tlme and cost of 5UPPOrting residents to live indèpendently In the context of increasing regulation
is a challenge as support reduces due to austerity within the local authority and community. The
Trustees acknowledge the assistance provided by the National Almshouse Association through
idance and t￿ining at a loc31 levÈl xnil with lobbying at > national level aiméd at ￿uStainlns tlie
future of the charitable alrnshouse movement.
The majority of income comes from the maintenance charge paid by residents on a monthly basis, all
income is held in a cash account with a bank approved by Trustees and guaranteed by the Financial
Services Compènsations Schème. Trustees declded to increasethe maintenance contributlon for 2024
by 2%. To pay for the ongoing masntenance and upgrade of the estate. income is derived from the
inve5trnents in funds designed for members of the National Almshouse Association. Regular monthly
investments of £IOOO ctsntinite to be made into the investments. Through careful management all
expenditure in 2023 was mèt without drawing on reserves. The investments remain adequate and
overall perform to the Trustees satisfattion. The Trustees continue to monitor the financial situatlon
closely and consider The Sheffield Firth Almshoyses to be financially resilient due to the adequate
Investments held in reserve and the surplu5 income which continuesto be generateil from the Week
Maintenance payments from the residents.

The Sheffield Firth Alrnshouses
Trustèes, annual report l¢ontlnuedl
Forthe year ended 31 December 2023
Trustee< responslbilhtiès In relatlon to the firtancial statements Itontlnuedl
The trustee5 are responsible for keeping proper accounting record5 that disdose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements tomply wlth the Charities Art 2011, the applicable Chawit¢e5 (Accounts and
Report51 Regulations. and the provisions of the Trust deed. They are 3150 responsible for safeguarding
the a$5et5 of the charlty and taking reasonable Steps for the prevention and detertion of fraud and
othei irregularitiès.
Thetru5tees are responsible forthe maintenance and integrityof the charity and financial Information
included on the charitvs website in accordance with legislation In the United Kingdom governing the
preparation and dlssemination of financial statements.
The trustees declare that they have approved the trustees, report above
signed on behalf of the tntsstees bv..
Name:
(SI, CLOI
Ci4ryk(L
P051tion'.

Independent Examln¢r'5 r¢port to the trustees of The 5heffleld Flrth Almshouses l.the Charity")
I report to tliv Llidllty Trustees on my examination of the occounts of The ShefPield Firth Almshouses
I'the ChariVI for the year ended 31 December 2023
Responslbllltles and basis of report
As the charity trustees ol the Charlty you are responsible for the preparation of the accounts in
accordance with the requirements of the Chèrities Art 20111'the ACYI.
I report in respect of my examination ol your chariWs accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed the Dirertions glven by the Charlty
Commission under section 14515llbl of the Art.
Independent examinerfs statement
I have completed my examination. I confirm that no material matter5 have come to my attention in
connertion with the examlnation glving me cause to believe that in any material respert..
accounting records were not kept in respert of the Charity as required by section 130 of the
Act- or
the accounts do not accord with those records., or
the accounts do not comply wlth the applicable requirements concernlng the form and
content of accounts Set out in the Charities (Accounts and Reports) Regulations 2CKJ8 other
than any requirement that the accounts give a 'true and fair view which is not a matter
considered as part of an independent examination.
Your attention is to drawn tothe factthatthe charity has prepared the accounts Ifinanclal statements)
in accordance with the relevant version of the Statement of Recommended Practice applirahlo to
charities preparing their account5 in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 1021 In preference to the Accounting and Reporting hy fhAriti@s-
Statement of Recommended Practice Sssued on l April 2005 which is referred to in the extant
regulations but ha5 been withdrawn. We understsnd that thls has been done in r)rdprfnr the actounts
to provide a true and fair view in accordan￿ with UK Generally Accepted Accounting Practice.
I have no concerns and have come across no other matters in conne£ti¢)n with thp oxamination to
which attention should be drawn in this report in tsrder to enable a proper understsnding of the
accounts to be reached.
Signed:
Sus?rt CochTane, FCA DChA
Sèven Hills AccotJntant5 Limited
57 Burton Street
Sheffield
56 2HH
Date..
0310612024

The Sheffield Firth Almshouses
Statement ol Flnantial Actlvitles
Forthe vearto 31 December Z021
Unrestrided
funds
Deslanated
fvnds
Total
2023
Totyl
2022
Notes
Incomefrom:
Charitable activlties
Investments
153,643
153.643
43.638
153,074
39,266
43,638
Total Income
153.643
41638
197381
192.340
ExPertd1￿￿e on..
Charitable artIv￿leS
131,63S
43,638
175,273
180,155
Totsl expenditure
131,635
43,638
175k73
180,155
Net incranellexpendltur81
before netzalnslllosse51 on InvestmEnts
22JJO8
22,008
12,185
P4et gainsll1ossesl on investnEnts
23.312
23,312
130,7901
Net Incomtllexpen(rrturel
45,320
45,320
118,6051
Tot31 funds broughtforward
1,171,028
1,171,028
1.189.633
Totsllundg ¢•rrlod torw¥d
1216 348
1,216.348
1,171,028

The Sheffield Flrth Almshouses
Batancè Sheet
As at 31 De￿mber 2023
2n24
2022
Notes
FlxedAssets
Tanglble Assers
Inve5trnents
53,338
1,148,622
1,201,960
54,473
1,069,672
1.124,145
Currentassets
Debtors
Cash at bank and ir* hand
Totsl £vrrentassÈts
io
2,227
13.943
16,170
1,745
50,391
52.136
Creditor5'. amountsfalllng due within one year
li
11,7821
15,2531
Nei Current assets
14.388
46,882
Toial assets less curreffl liablllt6es
1,216.348
I,171￿29
Totsl net assets
1,216.148
1.171,OZ8
Funds of the Chartty
Unrestricted funds
Designated Funds
1,216,348
1,171,028
1316,348
IA71.028
TheTrhJSteesdeclare that they have approved the atcountsabove on
23
Slgned on behalf of the Charitys trustees..
Name..
Lshield
Name".
A Card
Position.. Chair
Position..
Trust

The Sheffield Flrth Almshouses
Notes tothe Account5
Far tha ywrto 31 D￿t￿￿￿Èr 2023
l Ac¢ThJntinR Pdicies
a General
The Sheffield Firth Alrnshouse5 15 a Charitsble Incorporated Organlsation ICIOI registered in England and Wèle5. In the eventthat
the charlty 15 wound up. the liability in regpett of the guarantee is £nil per memtyer of the cNariry. Thy pilTILiydl oddre55 is No I
Firth Homes, Nethergreen Road, Sheffield. Sll 7EG.
The attounts lfinanclal $tatementsl have been prepared in attordance with the relevant version of the Stotement of
Re£ommended Practice appllcable to charities prepariD8 their ac¢tsuntE in accordance the Financial Reporting Standard
applicable In the UK and Republic of Irelènd IFRS 10213nd the Financlal Reporting Standard applKable the United Kingdom and
Republic Df Ireland IFRS 1021 and the Charities Act 2011 and UK Generally Accepted Accounting Practice. The accounts Ifinantial
statement51 have been prepar&1 to give a 'true and fair, view and have departed from the Charities IAccount5 and Reports)
Regulations 2W8 only tu the extent required to provide a'true and lair view,. Thi5 departure ha5 involved following the relev3nt
verslon of the Staternent ol Recommended Prattice applicable to Eh8ritie5 preparine their accounts in accordance with the
Flnancièl Reporting siandard applicable in the UK and Repub11c of Ireland IFRS 1021 rather than the Accounting and Reportin8 by
Charities." Statementof Recommended Prartice effectivÈlrom l April 2005 whlch has 5inEe been withdrawn.
The rharity meets the definltlon of a public benefit entity under FRS 102. The financial ttatements are presented in sierlin8which
15the functional currency of the ¢harity. Mgnetsry amount5 in the5efinanclal 5tstements are rounded to the nearest £
b Golng Cort￿rn
The financial statement5 have been prepèred on è golngconcern ba5isa5the trustees believethat no rn*erlal uncertalnties exlst.
The trustee5 have considered the level of fund5 held and the expected level of income and expenditure for 12 months from
authorisin8 these account5. The budgeted Income and expenditure 15 svfficierit with the level of reserves for the charity to be
able tv tontlnue as a 8oID8toncern.
t lThccffle
In¢ome i:
re¢ogni&•d whon the chxrity has entit￿ment to the funds, any perfom)ance conditions ?ttached to the Itemlsl of
in£ome have been met, it is probèblethatthe inccmewill ￿ ￿•Ved hnd the arnount can be measured reliably.
Resldentscontrlbutions are accountedfordurin8 the year in ￿1£h they were OWEd.
Interest on funds held on deposit is incSuded when receivable and the amount be measured reiiaDiy tsy the cnarrty., Ih15 15
normally upon notthcation of the interest paid or payable by the bank. Dwldend5 are recogni5ed once the dlvldend has been
declared and notification ha5 been recwved of the dividend due. This Is normally upon notlflcatlDlI by uui ii)¥estnient adwyor of
thedividend yield of the investsnent portfollo.
d EwdStureaAd ￿abillI]eS
Expenditure is reco8ni5ed once there is a legal or constructive obligation to rnake a payment to a third ￿rty. it is probable that
settlement wll be fequlred and the amount of the obllgation tan be measured reliably. Irrecoverable VAT is charged as a cost
galnstthe acbvity for which the eKpenditure was incurred.
Cytlical repairs and rouyne Maintenan￿.. the charity has established a regular prograrnme of cyclical repair5 and maintenance.
Costs are tharyed ttsthe Statement of Flnanual Artlvitie5 in theyear which thÈy are incurred.
Tat)gibleftxed assets
Housing properties.. Firth's Almshouses wete constructed in thè latter pèrt olihe nlneteenth century and there Is no record of thè
ori8lnal c05t and no value is attrlbuted thereto. Tbe housing properties cost relates to the construction in 1970 of replècemeni
Unl￿ Thls was funded by a Housing Association grant, a mort8oge loan frorn Sheffield C*ty Councll and from Mrth's Homes, own
resour￿$.
Depreciation 15 provided to wrire down the c05t of hou51ng properties in equal in5ts1ments over their expetted useful Ilfe of loo
years.
f Fixed asset investments
Investment5 are a form of balc financi81 Instrument ond are initially wo8nised at their transaction value and subsequently
measured at their fair value as at the bolance sheet date using closing Quoted market prlce. The ststement of financial
ctwities includes the net 83ins and10s*5 ttrising on revèluation and dispcsals throughoutthe year.
io

The Sheffleld Flrth Almshouses
Notes to the Accounts lcont1nu￿l
For the yearto 31 December 2023
l AccountinE Polides Ic¢Jntlnuedl
8 Reallsed galns and10sse$
All 8ains and Ios*5 ère tsken to the Sraternent of FinanciBI Activitie5 as they arise. Reallsed gains and losses on investments are
Calcula￿ as the difference between sales prcKeeds and th￿r opening carrying value or thelr purchase value if acquired
SUb5pquent to tne tirst day ot the financial year. Unre8li5ed gains ènd1055e5 are calculated as the dffference between the fair
valuè at the year end thelr ¢arryin8 value. Realised and unrealised investment Éain5 3nd losse5 ale combined in the
Staternent of Fir￿￿(1a1 Actlvlties.
h Cash and cash equivalents
Cash and cash equivalents comprlse £èsh on hand and call deposits, and other short-terrn hl8hly Ilquid investments that arE
readi￿ convertlble to a known amount of cash and are sublettto an inygnfficant change in vilue.
l Trade Debtars
Tiade debtors are recoEnlsed initially at the transactlon pri￿. They 8re 5ubsequenUy measured at amortised cost using the
effertive interesr method, less provision for smpairtnent. A provlsion for the imp8imient of trade debtDFS 15 established when
there 15 Obl￿tIVe evidence that the company wlll not be able to ttrllett all arnounts due according to the original terrns of the
receivables.
l Trade credlttys
Trade creditors are obllgatlons tts pay for 8oods or seryices that have ￿eTh acquired in the ordinary tourse of t￿￿ne$S from
suppliers. Attounts payable are cl855ified as current liabllitles rf the charity does not have an unconditlonal Fight, at the end of
the reportin8 period. to defer settlement of the creditor fur at least tWe￿e months after the reporting date. If there Is an
untonditK>nal ri8ht to defer 5ett1ement for at least twelve months after the reporting date, they are presented as non-current
Trade creditors are fecognSsed initially at the transaction prtce and subsequently measured at amortisÉd cost uslng the efFective
irterest method.
k Fund amnting
Unrestricted funds are donations and other inwme re￿1¥able or 8ener*ted for the obletts of the Organi￿tIOn wr£ho￿ further
speclfied purpose ènd are avallablea5 general fvnds.
fte5tTltted funds are TO be userj for Specific purposes as laid down bythe doTh)r. Oesignated funds are set45ide by thecharity's
trustees for a specilicpurpose.
l Leases
Rgntals paygE4È urtd9r op•ratlnÉ lèaÈÈs are charged to incomc strèight line ba￿3 over theterm ofthe lease.
rn Penslons
The charity operates a defined contributw penslon plan for its employee& Cmtribution5 to the scheme are recognised when
they are payable.
m Critical accountlngestlmates arbd judgements
In the application of the thèrlty's attountinE polic￿s, the trustees are requirÈd to make judgements, estimate5 and assumptions
about the carrying amount of assets and liabiltties that are rTrot readily apparent from other source& The estimate5 and
underlying 355umptlons are based on historical experience and other fa¢tor5 that are considered to be relevant. Attual r*SU￿t5
ay differ from these e5timate5. The estimate5 and underlying assumptyons are revlewed on an onEoing basis. Revisions to
8cwuntin8 e5tirnates are ￿OgniSed the period in whiih the estlrnate Is revisert when the revision affects only that period or
n the period of revlslon and fijture periods whe￿the revi5I0n affects both current3nd future periods.
o Taxatlon
As a Charity, The Sheffldd Firth Alrnshcuses, isexempt from taxon Income and 8ain4falllngwlthin8the èvailabSe tsxexemptions
to the extent that these are applled to itscharitsble objects. No tsx charges have arlsen in the Charity.
li

The Sheffleld Flrth Almshouses
Notes tothe Accounts Icontlnuedl
Forthe yèarto 31 December 2023
Z Income from Ch8rftsbleArtlvltles
Unrestritted
funds
kJe518nated
fund5
Total
ToLoI
2022
Z023
Resident5 contrlbutlon5
Ground rent5 receivable
Solar enerBy receipt5
Sundry recelpts
150,914
91
2.638
150,914
91
2.618
149.737
81
2,674
582
153,643
153,643
153,074
2022-*und spllt
153,074
153,074
3 Inctxnelrom irtve#ments
Uhrestrfcted
fund5
Desl8nated
fur
Total
2023
Total
2022
M&G Charity Multi Assetaccumulation shares Income accumulated
43,638
43.638
43,638
43.638
39,266
39.266
2022- fund split
39,266
39.266
4 ExpEnditsre on thirfiableacbvities
VnreStrf¢ted
funds
D&Èlgrtat•d
fvt)d5
Total
Tt)tal
2023
2022
Premises Cv•.
28.291
45,916
3,099
1.135
49,447
2,877
870
131.635
28.291
45,916
3,099
1.135
93,085
2.877
870
175.273
26,546
45.146
3.142
1,135
100,194
3,158
834
180,155
stsff ¢osts- see note 7
dmini&tratlvp frtÉt<
Depreciation
Maintenance Costs
Other Cost5
Support costs- see note S
43,638
43.638
2022- fund spllt
140 889
5 Support COSt5
Unrestrirted
funds
Dewated
lunds
Totsl
2023
Total
2022
Independentexamination fee
870
870
870
B70
834
834
No otherfee5 were paid to the Independent examiners organlsation.
12

The Sheffleld Flrth PJm5houses
Notes tothe Account5 Icontlnuedl
Forthe yearto 31 December2023
6 Trusiees remuneratlon, benefits and expenses
I rustses received no remuneration In thtr5 pertorl. There were no expenses ￿1MbUr5￿ to trustees durlngthe ye?r.
7 sthif CvJts Number5
Tolal
2023
Totsl
2022
44.579
3.641
13.6411
1.337
45,916
43,831
3,742
13,7421
1.315
45,146
Employer'5 National In5urJn
Employment allowance
EmployeT'5 PenS￿n contribution
Ng employee re￿1¥￿￿ ernoluments of more than £60.000. The average numberof employees during theyear was 212022.. 21
Tan8lble FlxÈdA55ets
propertles
Cost orvaluatlon
As at I January 2023
As at31 December 2013
113,486
113,486
Depreclation
As at l Jènuary 2023
Char8e this period
As Jt31 December 2D23
59.013
60,148
Nei BookV•lue
As at31 Detemb¢r 2023
53,338
As at31 December 2022
54,473
Flrth'sAlmshouses were cDnstruct&l in the lètter part of the nineteenth tentury and tlEre is no record of the original cost and no
value is ottfibuted thereto. Mie livVSiii& yiuyeillvs cvsi rEldte5 tD Ihe consirucrion In 1970 of repiatement units comprisin8 Ot 33
flats and bungalow5. Thls wès funded by a Houslng AssDciation grant of £15,QOD, 4 mortgage loan from Shèffield Oty Councll
which has now been repaid, and from Firth's Homes, own resource>
9 Flxed asset Investm￿ts
2023
2022
Movefflent In fixed asset Ilsted Ihve5tments
Mèrket value b/fvJd at ljanuary 2023
Add..
Addltlons
Reinvested dlyidends
Add/llessl.' net gainlllossl on revaluatioft
Market value as at 31 December 2023
1.069,672
I,Q49,196
12.000
43.638
23.312
12,000
39,266
30,7901
1,069,672
The iD¥estrnents comprise thefollown8 at Valuatlon".
10,24812022- 10.1361 M&G Charty Multl Asset Attumulation shares
1,148,622
1.148,622
1,069,672
1,069.672
13

The Sheffleld Flrth Almshouses
Notrs to the Accounts Icontlnuedl
For the year to 31 December 2023
10 l)¢btors
2021
2022
Prepayments
2,227
2,227
1,745
1.745
11 Credltors.. amount5falling due withln oneyear
2023
2022
Accruè15
1,782
1,782
5.253
5,253
12 De5i8nated fvrbds
Balance at
01-Jan-23
8al8nce at
31-Dec-23
Inco
Expendlture
Tfansfers
Extrèordinary Repairs Fund
43.638
43,638
143.6381
43,6381
Prioryegr
Bulon¢¢ at
01-JthJ-22
Bolonce pt
31-Dec-22
lrtome Expenditu*Y
rffjnsft15
Extroordinory Repoirs Fund
39,266
39,266
139,266
(39,266
Extraordlnary Repairs Funds-to b2 used for the extraordinary repair, impro¥ement 01 rebuiiaingof the aimsnouse5.
14

The Sheffleld Firth Almshouses
Notesto the Accounts Icontlnuedl
For thè yearto 31 Deomber 2023
13 Netassets byfvnd
Unrestrlcted
Tongible assets
Investments
Net current asseis
53,338
1,148.622
14,388
1,216 348
53,338
1.148,622
14.388
1.216,348
Unrestrirted
fvrtd5
2022
PrioryeiJr
Ton9ible ts5sets
Investments
Net CUTrerJtossets
54.473
1069,672
46,883
54.473
1.069,672
1.171.028
1,171,028
14 Cperatlng lease commitments
At 31 December 2023 the charity had outstandlng commltments for fvture mlnlmum lease payments under nOn*an￿lIable
operating le8se5 which fall dueasfollows..
2022
within one vear
540
540
15 Related hrtytransoctlons
There were no related partytransactlonsduringthe year ended 31 De￿mber 2023 or 31 December 2022.
15

The Sheffield Flrth Almshouses
Notes to the A¢counts Icontlnuedl
Forthe veaT to 31 Detember 2023
16 siatement of Fknanaal Attlvltle5- Comparatl¥es
D¢slgnoted
Totol
fvnds
fvnds
2022
Incofftefrom..
ChuritobleAcbvitfes
nve5tments
153,074
153.074
39,266
39,266
T¢thl theome
151074
39266
191340
endlture on..
ChoritableA¢tlvltles
140,889
39,266
J80.155
18415$
Netincome/(expertdlturel
befvrenet guins/f1055es)on Investments
U,iB5
12,185
Net gotn5lllossesl on investrnents
(30.7901
130,7901
Wetincome/leKpendftureJ
(18,6051
118,605}
Totolfunds broughtfonvord
I189.633
1,189.633
rotdfvnd5Ctirrf¢dAon
1,171,028
L17I028
16