Bond's and Ford's Almshouse Charity Financial Statements Year Ended 31 December 2024 Charity registration number.. 1164848 Bond's and Ford's Almshouse Charity Financial Statements Year Ended 31 December 2024 Contents Page Charity Reference and Administrative Details Directors, Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Bond's and Ford's Almshouse Charity Charity Reference and Administrative Details Year Ended 31 December 2024 Charity registration number 1164848 Directors Mrs V E Rigby (Chairl Mr V W Keene MBE Mr R M B Kenyon MrRBKDyottDL Mr J Clifford Dr R M Spokes Mr D Kershaw CBE MsSCForte Mr M Harban (died W July 20241 Mr N Willi8ms Mrs E Cook18ppointed 61n June 20241 Dr W Walson lappoinled 6th June 20241 Clerk Mr M F H Vvhile MRICS FAAV Offlce Bond's Hospi181 Hill Street Coventry CV14AX Accountant Dafferns LLP Chartered Accountants One Eastwood Harry Weston Road Binley Business Park Coventry CV3 2UB Solicitor Rotherham & Co Limited 8 - 9 The Quadrant Coventry CV1 2EG Bond's and Ford's Almshouse Charity Directors, Report Year Ended 31 December 2024 The Directors present their report and the financial slalements of the Charity for the year ended 31 December 2025 The Directors have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reporting by Charities {FRS 1021 in preparing the annual report and financial statements of the Charity. The financial slalements have been prepared in accordance with the accounting policies sel out in the notes lo 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 to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland published In October 2019. Objectives and activities Since forming the Charitable Incorporated Organisalion ICIOI in 2015 the Charity has been dormant. The pnmary 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 It Is anlicipaled that the assets that are currently held within Coventry Church Imunicipall Charities relating specifically lo Bond's and Ford's Almshouses and Bond's Lodge will be transferred to the Bond's and Ford's Arn5house Charity. The Directors are in agreement that these assets will be transferred at an appropriate lime. Structure, governance and management The Charity was established on 14 December 2015 and was fomied as a Charitable Incorporated Organisalion. The administration of the Charity is vested in the Directors. No Director has received any remuneration. We approve the Directors, Report in our capacity as Directors. On behalf of the Board V.E. Rigby, Director Dale." 4th September 2025 Bond's and Ford's Almshouse Charity Statement of Financial Activities Year Ended 31 December 2024 During the financial year the Charity has re￿ived no income and incurred no expenditure. Consequently. during this period the Charity has made neither a surplus nor a deficit. Balance Sheet 2024 2023 Net assets Total chari funds The financial statements were approved and authorised for issue by the Board on 4th September 2025. Signed on behalf of the Board of Directors V.E. Rigby, Director Bond's and Ford's Almshouse Charity Notes to the Flnanclal Statements Year Ended 31 December 2024 Summary of Significant accounting policies General information ond basls of preparation The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities. Statement of Recommended Practice applscable to charities preparing their accounts in accordance with the Firiancial Reports'ng Standard applicable in the UK and Republic of 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 ststemenls are prepared on a going concern basis under the historical cost convention. modified to include certain items al 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 stslemenls are sel out below. These policies have been consistently applied lo all year5 presented unless otherwise staled.