Bond's and Ford's Almshouse Charity Financial Statements Year Ended 31 December 2023 Charity registration number." 1164848 Bond's and Ford's Almshouse Charlty Financial Ststements Year Ended 31 December 2023 Contgnts Page Charity Reference and Administrative Details Directors, Report Statement of Financial Activities Balan￿ Sheet Notes to the Financial Slalements Bond's and Ford's Alrnshouse Charity Charity Reference and Administrative Detslls Year Ended 31 December 2023 Charity registration number 1164848 Directors Mrs V E Rigby (Chairl MrVWKeene MBE Mr R M B Kenyon MrRBKDyottDL Mr J Clifford Dr R M Spokes Mr D Kershaw CBE MsSCForte Mr M Harban Mr N Williams Clerk Mr M F H lthite MRICS FAAV Offlce Bond's Hospitsl Hill Street Coventry CV1 4AX Accountant Dafferns LLP Chartered Accounlanls One Eastwood Harry Weston Road Binley Business Park Coventry CV3 2UB Solicitor Rotherham & Co Limited 8- 9 The Quadrant Coventry CV1 2EG Bond'5 and Ford's Almshouse Charity Directors, Report Year Ended 31 December 2023 The Directors present their report and the financial statements of the Charity for the year ended 31 December 2023. The Directors have adopted the provisions of the Stslemenl of Recommended Practice ISORPI 'Accounling and Reporting by Charities IFRS 1021 in preparing the annual report and financial statements of the Charity. The financial slalemenls have been prepared in accordance with the accounting policies sel out in the notes to the accounts and comply with the Charity's governing document. the Charities Act 2011 and Accounting and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019 Objectives and activities Since forming the Charitable Incorporated Organisabon ICIOI In 2015 the Charity has been dormant. The primary objective of the Charity will be the provision of housing accommodation to the poor and needy in the City of Coventry. Plans for future periods 11 is anlicipaled that the assets that are CLJrrenlly held within Coventry Church (Municipall Charities relating specifically lo Bond's and Ford's Almshouses and Bond's Lodge will be transferred lo the Bond's and Ford's Almshouse Charity. The Directors are in agreernenl that these assets will be transferred at an appropriate time. Structure. governance and management The Charity was established on 14 December 2015 and was formed as a Charitable Incorporated Organisation. The administration of the Charity is vested in the Directors. No Director has received any remuneration. We approve the Directors. Report in our ¢apa¢ity as Directors. On behalf of the Board V.E. Rigby, Director Dale.. Iql2Lt Bond's and Ford's Almshouse Charity Staternenl of Financial Activities Year Ended 31 December 2023 During the financial year the Charity has received no income and incurred no expenditure. Consequently, during this period the Charity has made neither a surplus nor a deficit. Balance Sheet 2023 2022 Net assgts Total charit funds The financial statements were approved and authorised for issue by the Board on 2024. Signed on behalf of the Board of Directors V.E. Rigby. Director Bond's and Ford's Almshouse Charity Notes to the Financial Statements Year Ended 31 December 2023 Summary of significant accounting policies General Information and basis of preparation The charity conslilutes a public benefit entity as defined by FRS 102. The financi81 statements have been prepared in accordance with 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 ol Ireland IFRS 1021 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practice. The charity has not included a cash flow statement on the grounds that il is applying FRS 102 Section 1A. The financial statements are prepared on a going concern basis under the historical cost convention, modified lo Include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied In the preparation of these financial statements are set out below. These policies have been consislenlly applied to all years presented unless otherwise ststed.