**Company registration number: CE020876**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **UNAUDITED FINANCIAL STATEMENTS 31ST MARCH 2025**
|**Contents**||
|---|---|
|Trustees report|**1 - 2**|
|Independent examiners report|**3**|
|Statement of financial activities|**4**|
|Balance sheet|**5 - 6**|
|Notes to the financial statements|**7 - 10**|
|_The following page does not form part of the statutory accounts_||
|Trading accounts for the year to 31st March 2025|**11**|
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **TRUSTEES' ANNUAL REPORT**
## **YEAR ENDED 31ST MARCH 2025**
The trustees present their report and the financial statements of the charity for the year ended 31st March 2025.
The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS102) in preparing the annual report and financial statements of the charity.
## **Structure, Governance and Management**
## **Governing document**
The charity converted to Charitable Incorporated Organisation on 9 September 2019. A new governing document was adopted on 27 February 2020.
## **Objectives and activities**
The principal activity of the company is to provide for and maintain the Almshouses in South Street Bridport for the benefit of the poor and needy of Bridport.
## **Achievements and performance**
This has been a difficult period, requiring considerable change and continuing consolidation.
The Almshouses in South Street continue as before, accommodating six people. Regular maintenance has been completed with more scheduled.
Work has stopped on the conversion of Chancery House, in order to conserve our financial resources and prepare the property for sale on the open market.
## **Financial review**
The charity continues to make a surplus on its activities. See the financial statement for details.
## **Plans for future periods**
Work has ceased on the conversion of Chancery House - the escalation of building material costs and labour costs meant that we are unable to complete the work. A decision has been made to secure the building and then market the property with the existing Planning Permission.
The (Barclays) covenant and Dorset Council Section 106 restrictions will remain in place. The new owner, when work is completed, will be able to offer low-cost housing for eight to twelve persons.
The intention of the Trustees, when Chancery House is sold, is to use the capital to purchase smaller properties to rent at an 'affordable level'.
**Page 1**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **TRUSTEES' ANNUAL REPORT**
## **YEAR ENDED 31ST MARCH 2025**
## **Trustees' responsibilities in relation to the financial statements**
The trustees (who are also directors of the charity for the purposes of company) are responsible for preparation of these documents. Company law requires the trustees to prepare financial statements for each financial year , which give a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board of trustees on 5th December 2025 and signed on behalf of the board by:
KA Day Trustee
**Page 2**
**INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF DANIEL TAYLOR ALMSHOUSES CIO**
## **YEAR ENDED 31ST MARCH 2025**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2025 which are set out on pages to
## **Responsibilities and basis of report**
As the charity trustees of the company you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
Having satisfied myself that the accounts of the company are not required to be audited are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **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 company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
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 accounts to be reached.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Daniel Taylor Almshouses CIO for the year ended 31st March 2025 which comprise the Profit and Loss Account, Balance sheet, statement of changes in equity, statement of cash flows and related notes from the company's accounting records and from information and explanations you have given us.
Martin and Company (Bridport) Limited
2 Victoria Grove Bridport Dorset DT6 3AA
5th December 2025
**Page 3**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2025**
|**£**
Note
**Income and endowments from:**
Donations and Legacies
Other trading activities
**2**
**Expenditure on:**
Charitable activies
**3**
Other
**4**
**Total resources expended**
Net incoming resources before revaluations
and investment asset disposals
Gains and Losses on revaluations of fixed assets
**Net movements in funds**
**Total funds brought forward**
**Total finds carried forward**|**2025**
**£**
**Unrestricted**
**Funds**
£
-
31,207
31,207
24,866
18,617
43,483
12,276
)
(1,466
)
(13,742
363,180
£349,438|**2025**
**£**
**Unrestricted**
**Funds**
£
-
31,207
31,207
24,866
18,617
43,483
12,276
)
(1,466
)
(13,742
363,180
£349,438|2024
**£**
**Total**
**Funds**
**2025**
£
-
31,207
31,207
24,866
18,617
43,483
12,276
)
(1,466
)
(13,742
363,180
£349,438|£
**Total**
**Funds**
**2024**
£
165
31,928
32,093
16,938
23,556
40,494
8,401
13,280
4,879
358,301
£363,180|
|---|---|---|---|---|
||||||
||||||
All income and expenditure is derived from continuing activities.
**Page 4**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **BALANCE SHEET 31ST MARCH 2025**
|**Note**
**Fixed assets**
Tangible assets
**5**
Investments
**6**
**Current assets**
Debtors
**7**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**8**
**Net current assets**
**Total assets less current liabilities**
**Creditors: amounts falling due**
**after more than one year**
**9**
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders funds**|**2025**
**£**
**£**
282,284
98,053
380,337
477
16,700
17,177
)
(4,166
13,011
393,348
)
(43,910
£349,438
349,438
£349,438|2024
£
£
295,936
99,519
395,455
529
17,959
18,488
)
(3,748
14,740
410,195
)
(47,015
£363,180
363,180
£363,180|
|---|---|---|
**The notes on pages 7 to 10 form part of these financial statements.**
**Page 5**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **BALANCE SHEET (CONTINUED) 31ST MARCH 2025**
For the year ending 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the board of directors and authorised for issue on 5th December 2025, and are signed on behalf of the board by:
K Day Director
Company registration number: CE020876
**The notes on pages 7 to 10 form part of these financial statements.**
**Page 6**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31ST MARCH 2025**
## **1. Accounting policies**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below.
These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011.
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with use of the resources.
## **Tangible assets**
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
|Freehold improvements|-|4%|straight line|
|---|---|---|---|
|Fittings fixtures and equipment|-|25%|reducing balance|
## **Fixed asset investments**
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
**Page 7**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025**
|**2**
**Income**
**Donations and legacies**
Donation and Grants
**Other trading activites**
Rents receivable
Energy rebates
**3.**
**Expenditure on charitable activites**
Insurance
General and water rates
Light and heat
Property repairs
**4.**
**Other costs**
General expenses
Bank charges
Wages and salaries
Administration costs
Accountancy fees
Legal and professional
Loan interest
Depreciation of tangible assets||
|---|---|
|||
|||
**Page 8**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025**
|**5.**
**Tangible assets**
Freehold
property
£
**Cost**
At 1st April 2024
356,281
Additions
-
**At 31st March 2025**
**£356,281**
**Depreciation**
At 1st April 2024
60,345
Charge for the year
14,252
**At 31st March 2025**
**)**
**£(74,597**
**Carrying amount**
**At 31st March 2025**
**£281,684**
At 31st March 2024
£295,936
**6.**
**Investments**
**Cost or valuation**
**At 1st April 2024 and 31st March 2025**
**Impairment**
**At 1st April 2024 and 31st March 2025**
**Carrying amount**
**At 31st March 2025**
At 31st March 2024
**7.**
**Debtors**
Prepayments and accrued income|Fixtures,
fittings and
equipment
**Total**
£
**£**
-
356,281
702
702
**£702**
**£356,983**
-
60,345
102
14,354
**)**
**£(102**
**)**
**£(74,699**
**£600**
**£282,284**
£-
£295,936
Investments
**Total**
£
**£**
**£98,053**
**£98,053**
£-
£-
**£98,053**
**£98,053**
£98,053
£98,053
**2025**
2024
**£**
£
**£477**
£529|
|---|---|
|||
**Page 9**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) YEAR ENDED 31ST MARCH 2025**
## **8. Creditors: amounts falling due within one year**
|**8.**
**Creditors: amounts falling due within one year**|||
|---|---|---|
|Bank loans and overdrafts
Payments received on account
Accruals and deferred income
**9.**
**Creditors: amounts falling due after more than one year**
Other creditors|**2025**
**£**
2,940
700
526
**£4,166**
**2025**
**£**
**£43,910**|2024
£
2,920
-
828|
|||£3,748|
|||2024
£
£47,015|
**Page 10**
## **DANIEL TAYLOR ALMSHOUSES CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31ST MARCH 2025**
|**Turnover**
Donations, grants and legacies
Rents receivable
Energy rebates
**Staff costs**
Wages and salaries
**Depreciation and other amounts written off assets**
Depreciation of tangible assets
**Other charges**
Administration costs
General and water rates
Insurance
Light and heat
Property repairs
Legal and professional
Accountancy fees
Bank charges
General expenses
(Surplus)/deficit on revaluation investments
Loan interest
**Operating Profit/(Loss)**
Taxation on profit on ordinary activities
**(Loss)/Profit After Tax**|**2025**
**£**
**£**
-
29,135
2,072
31,207
-
-
14,354
)
(14,354
1,133
828
1,961
2,972
19,105
-
480
-
878
1,466
1,772
)
(30,595
)
(13,742
-
)
£(13,742|2024
**£**
165
30,378
1,550
1,406
14,252
1,128
2,688
2,747
6,322
5,181
2,934
480
12
564
)
(13,280
2,780|£
32,093
)
(1,406
)
(14,252
)
(11,556
4,879
-
£4,879|
|---|---|---|---|
**Page 11**