WILSON MEMORIAL HOMES
Charitable Incorporated Organisation
Registered Charity No. 1184260
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR TO 31 MAY 2021

WILSON MEMORIAL HOMES
Reference and Administrative Inforniatlon
Trustees
Hilary Holland (Chair)
Michael Bames
John Brian Hogg
Sally Margaret Nelson
Leslie Nichol
Maureen Granvrlle
Beverley Forster (Treasurer)
William John Wilson
Lionel t)obson
Charty Number
1184260
Prlnclpal Address
Brampton Communty Centre
The lrthing Centre
Union Lane
Brampton
CA8 1BX
Independent Examlner
Miss A Taylor
Amiathwaite
Carlisle
Bankers
Barclays Bank PLC. Rosehill, Carfisle
Cumberland Building Society, 19 Front Street,
Brampton. CA8 1 NG
CCLA. Senator House. 85 Queen Victoria Street,
London, EC4V 4
Clerk to the Trustee5
Mrs A Nixon
Brampton Community Centre
The lrthing Centre
Union Lane
Brampton
CA8 1BX

WILSON MEMORIAL HOMES
Contents
Trustees, Report
Statement of Responsibilibes
Independent Examinerfs Report
Income and Expenditure Account
Balance Sheet
10
Notes to the Financial Statements
11
Schedule of Investments
16

WILSON MEMORIAL HOMES (The Chanty)
Trustees, Annual Report
The Trustees present their annual ￿port and finanoal statements for each 12 month period ending
31 May2021.
The financial statements have been prepared in accordance vAlh the accounting policies as set out
in the notes to the financial statements and comply with The Charitys governing document,
applicable law and the requirements of the Statement of Recommended Practice, Accounting and
Reporting by Charities. (SORP 2016) issued in January 2016. Morn rncent autumn 2019- Charity
SORP FRS 102, Update Bulletin 1 and Update Bulletin 2.
Structure. Governance and Management
The Charity is a Charttable Incorporated Organisation (CIO) vthich VRS established on 4 Juty 2019
and is regulated by a constttution dated S December 2018 (the Constitution). All of the assets of
the fomier Wilson Memorial Homes, charity number 224967 were transferred to the Charity on 30
September 2019 which was the dale when the Iwo charibes merged.
The Charity is governed by a minimum of 3 and a maximum of 12 Trustees {the Trustees) and
Clerk to the Trustees who meet at least four times a year. The Trustees or Clerk to the Trustees
visit all of the properties, which form part of Wilson Memorial Homes, on, at least, an annual basis.
Trustoes (The Trustees)
The Trustees who served during the period vHe:
Maureen Granville
Michael Bames
John Brian Hogg
Sally Margaret Nelson
Leslie Nichol
Hilary Holland
Bevedey Forster
William John Wi150n
Lionel Dobson
New Trustees are usually appointed by being recommended by an existing Trustee and fornally
approved by a resolution passed at a property convened meeting of the Tnjstees.
Objectives and Activltles
The Constitution sets out the objects of the Charity which are The provision and maintenance of
alms-houses to people of n¢X less than 50 years of age vthh a charitable need for housing, the
majority of whom being on low incomes. and Whe￿ preference is given to people who are bom in
or are resident in the Parishes of Farlam. Brampton and Walton.
The Charity has a policy of improwng all properties to bring them up to a decent home standard
and to keep contributions payable by the occupiers at an affordable level. Whenever a propety
becomes vacant the policy is to modemise the kitchen and bathroom and bring any other defects
up to a good standard, resources permrtting.

Publlc Beneflt
The Trustees have revieb%Ed the Charity Commission's guidance on the requirement to report on
public benefrt and are satisfied that the V￿rk of the Charty provides tangible benefrt to a wide
section of people who live in or were bom in the Charty's areas of benefi( the criteria used to
assess those who may benefft are not unreasonably restrictive.
Achievements and Perfomiance
In this period the Trustees and Clerk continued their policy of Visiting residents as required to help
carry out repairs or upgrades as necessary. Unfortunatety due to the Covid-19 pandemic some
areas of building work have been delayed. Refurbishments were completed (in August 2020) at
two vacant properties (No. 6 Mitton & No. 6 Waf(on) and these properties were then re-let.
Refurbishments generally include new unvented water systems, new kf(chens and bathrooms, and
new central heating systems and decoration. rf required. General repairs continued to be Carried
out to many of the properties, and upgrades whenever possible. Four properties at the Sands,
Bramplon. had full gas ￿ntral heating systems installed betsveen September and December 2020,
part funded through the Cty Council's govemmenl funded Home Lrfe project. A planned
programme of re-roofing six properbes at Wa￿On (Phase 5) ComMen￿d in May 2021 at the end of
this current finanaal period.
Financial Revlew
All residents pay a standard Weekty maintenan￿ Conlribuknon (WMC) which is below the fair rent
set by the Valuation Offi￿. The WMC is reviewed annually, usually in January and as a result a
2.5 1¢ increase was applied for 202(>21. effective from 1 June 2020. This ensures that significant
improvement works can be carried OLrt and enables the Charity to provide adequate housing
provision for future generations.
Investrnent Poll¢y
The Trustees hold £44,200 in CCLA COIF funds of wthich £9.500 is an Endowment Fund.
Reserves Pollcy
The Trustees follow The Almshouse Associalion's recommended minimum amounts for transfer to
the Extraordinary Repairs Fund (ERF) and the Cyclical Maintenance Fund {CMF) both being
designated funds. The Almshouse Association also recommends allocating an annual sum to
routine maintenance but the Trustees do not consbder it to be necessary to establish this additional
fund.
It is also recognised that it is necessary to have sufficient funds in reserve to cover day to day
expenditure especially in the evenl that there is a reduction in weekly maintenance charge
followng the departure of residenls and before new residents are appointed. A free reserve of
£211,993.48 is thought to be sufficient for this purpose. This being the amount of the net current
assets less those funds allocated for designated purposes (ERF. CMFI and the endowmenl funds
vthich cannot be accessed.

Almshouse Association
recommended amount to transler
to designated fvnds
Over 20 years old pÈr unit
Extw)rdinary Repairs Fund
Cyclical Maintenance FurKI
Recommended amount
2021
Prop•rti•$
(£) pery•ar
£508
£37,395
£60.255
Extraordinary Repa"rs Fund.. ErrEr￿CleS. major rÈpairs of ￿llers, arky roof rewrs.
Cyclical MaInt￿anCe FuThJ.' Planrftl maintWar￿e. reffijthshmwrt on ￿ancy. kitC￿S.
bathrcoms & intwor & exteri￿ ￿C￿at1C￿.
In this period £60,255 was transferred to the ERF and CMF (notes 12 and 13).
Rlsk Factors
The Trustees have examined the risks *fiich The Charity fa￿8 and confinn that intemal systems.
policies and procedures have been established to enable the Charity to function effectively. The
status of the Chanty as a CIO mitigates the risk to individual twstees.
Plans for the Future
The Trustees are required to undertake a survey of the properties at least every five years. known
as the Quinquennial Inspection to ensu￿ that The Trustees are acting in accordan￿ wth their
govemance arraroements, they are fulfilling their stewardship role and also to ensure they are
safeguarding the properties and not putiing them at risk of negtht.
Following the inspection in 2012-13 the Trustees continue to organise and fund vnrks identrfied to
bring properties up to a satisfactory level and future proofing for the nexl generations. The
Trustees have sought quotes to carry out the next Quinquennial inspection from local building
surveyors, however due to the Covid-19 pandemic and the safety implications of the elderly
residentslbeneficiaries. these inspections have teen postponed y￿11 hopefulty be carried out
during 2021 when it is safer to do so.
The WMC is reviewed annually wtth the funds being reinvested into the housing stock to ensure
that The Charrty continues to provide adequate housing provision for future generations. All
residents pay a WMC below the fair rent set by the Valuation Office. The WMC was reviewed in
January 2020 and as a resutt a 2.5% increase vras applEd for 202(￿21.
Full re-roofiro of six properties (Phase 5) at Wa￿On commenced (May 2021) at the end of this
financial period, this will complete the process of re-roofing all the properties that have clay tiled
roofs.
The Trustees are considering a prograrnme of replacing the windows at all properties as
necessary.
Plans to refurbish the derelict propeTty (No. 4 Station Road Ends) continue. A loan from The
Almshouse Association has been approved to help fund this project. The building work is
expected to commence autumn 2021.

WILSON MEMORIAL HOMES
Statement of Responsibilities
The Trustees are responsible for p￿paring the Trustees. Annual Report and the financial
statements in accordan￿ wf(h the applicable law and United Kingdom Accounting Standards
(United Kingdom General A￿pted Accounting Practi￿).
The law applicable to charf(ies in England and Wa￿S requires The Trustees to prepare financial
statements for each financial year which gNe a true and fair v￿W of the state of affairs of The
Charity and of the incoming resources and applica￿'on of resources of The Charity for that period.
In preparing these financial statements. The Trustees are required to:
Select suitable accounting policies and then appty them consistently..
Observe the methods and principles in the Charilies SORP:
Make judgements and estirnales that are reasonable and prudent:
State whether applicable accounting standards have been followed, subject to any material
departures being disclosed and explained in the financial statements-
Prepare the financial statements on the going concem basis unless it inappropriate to
presume that The Charty wll continue in operation.
The Trustees are responsib￿ for keeping adequate accounting records vthich disclose vath
accuracy the financial position of The Charty and enable them to ensure that the financial
statements comply vthh Accounting and Reporting by chant￿S, ISORP 20161 issued in January
2016. {Charity SORP FRS 102. Update Bulletin 1 and Update Bulletin 21. They are also
responsible for safeguarding the assets of The Charity and hence taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The Trustees therefore ￿rtfy that
In so far as V￿ are aware there ts no relevant audit information of which The Chartws
independent examiner is unaware,. and
We have taken all reasonable steps that we ought to have taken to make ourselves aware
of any relevant audit infomation and to establish that the independent examiner is aware of
that infoThation.
On behalF of the Board of Trustees
Chairman-
ilary Holland
Dated:
- rrithrok

ACCOUNTS OF THE ￿LSoN MEMORIAL HOMES
1 June 2020 to 31 May 2021
Inde￿ndent Examinerf$ r•port to Trustees of the Wilson PAomoTial Homes
I report lo the trustees on my eXaMina￿n of the ￿th1nts ofthe Wilson Memorial Homes {Charity Commission
No.11842601 from 1 June 2020 to 31 May 2021.
Respectlve rnsponsibtlities of the Trnstees and the Independent Examiner
The Truste
AcGOUnti
Bulletin 21.
The Cha
ndRe
are res
nsible for th
rati)n of the acc
in accordance with th8
b Chaities
SORP 2016 _ (Charity SORP FRS 102, Update Bulletin 1 and Update
The Truslees consider that an audtt ts nol required for Ihi5 year under section 144 of tho Charities Act 2011 (the
Act'l and tha an independent examination is needed.
It is my responsibilty lo..
examine thg accounts under s&tion 144 of the kt,
follow the applicable Directions g¢ven by the Charty Commission (under SeCt￿n 145{5llbl of the A¢t), and
state whether particular matters havg lo my attentN)n.
Basis of Independent Examingrfs ststement
My examination was carried out in accordance wilh general Dir&tion5 given by the Charty Commission. An
examination includes a rewew of the accounting records kept by The Chartty and a wnparison of the accounts
presented with those records. It also includes conSiderat￿n of any unusual r(ems or disclosures in the accounts
and seeking explanations from The Trustees con¢eming any such matters. The prLxedures undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion is given as to whether
the accounts present a'true and fairf wew and the report is limlied to those matters set out in the statement
low.
Independent Examinees $tat•m•nt
In connection with my examination, no material matters have come to my attent*)n in connection wrth tho
examination giving me cause to beI￿ve that in any matsn.al Tesped..
accounting records were not kept in accordance ￿th section 130 of ￿ Ad;
the accounts did not accord with those re￿d$., or
the accounts did not ¢Ornp￿ with the applicable requirements con¢eming the fomi and conlenl of accounts set
out in the Charities {Accounls and Reports) Regulath)ns 2IxJ8 other than any requirement that the accounts give
a 'lruè and f04r which is not a m8tter cOns￿ered as part of an indeFendent examinat•Jn.
I have no concerns and have come across no other matters in COnnect￿n wi(h the examination to which
attention should be drawn in this report in cKder lo enable a proper undetslanding of the accounts to be
reached.
Mi95 A Taylor
7p171*L

WILSON MEMORIAL HOMES
Statement of Financlal Actlvltles- Income and Expenditure Account
1 June 2020- 31 May 2021
Notes Unrestricted Dey8rtated DeFA8nated Endowment
fund5
ERF fvnds
CMF fund5
funds
Total
2021
IncomlnK Resou￿5
Incoffllng Resour￿$
192.131.04
192J31J>4
0.00
OJJO
Ono 192.131.04
Om 192.131A)4
oj
Operatln8¢o5ts
Runnin8COSts & Maintenance
Governance Costs
25.93220
28,987.17
5431937
510.00
54A92nO
0.00
0.00
SI0￿ 54A92
80.934.20
28,987.17
OJXI 10932137
Operatkn¥Surplusl (Del￿*)
137211&7
ISIOJXII I54A92￿?
OJ)0 82209.67
Rec0Tr*7*nded AJrr6hou5etransfer 12 16025S.001
Prior period adjUSt￿nt
Galns on inve5trnentassets
22360.00
0.00
37.395A>O
0.00
offjo
0.00
0.00
0.00
OA
rplusl IDelldklfor ihe ￿al
76356A7
22350m 117097A)01
DJJO 82209.67
Fund May 2020
Surplus/lDeficitl for year
135.036AI 114026371
28.40520
76.956.67
22.350fj0 117.097J)01
9.5¢YJ.00 158,115.64
0.00
82.299.67
Fund B*antts31 May 2021
211993A8
7￿23th3 1130820
9￿(￿1￿10 24032531
The Charity has not acquired or discontinued any fundamental actrvits8s during the al)ove two
financial years. therefore all of the aGtivities are deemed as continuing.

LSON MEMORIAL HOMES
8alance Sheet as at 31 May 2021
2021
2020
Fixod Assets
FU￿tiona rxcwtie5
44,2{KI.￿ 44,21X).(x)
44.201.00
44.201.IX>
Curront Assets
Cash at Bank aKI in h
1W2.051.39
5,(r24.10
197,075.49
112.099.34
2,929.51
115.028.85
Credltorn: Amgunts fallkng du• w*hin one y
10
{951.18)
(1.114.211
N•t Current Assets
196.124.31
113 914.64
Total A•¥ets Less Curr•nt Liabli li
240.325.31
158.115.64
Capital and Resep*•s
CatMt21 Fund- EnduArnt Futx
hlcome Funds:
Design*d FurKIs. ERF
Designated FuThJs. C
Lknre5tricted FL
11
9.5)J.C
9.5C().00
12
13
7.523.63
11,￿)8.20
211,933.48
114.¥26.371
28,405.20
135,036.81
240,32S.31
158.115.64
Only comparator fvJures for 2019-20 are shown on the balan￿ sheet as the proceeding period
was onty for 8 months and Iherefore ffleaningfvl comparisons ￿nn0t be made.
The financial statements were approved by The Trustee5 and WEre sKJned on behalf of The
Charity by the Chaiman:
Chaimian.. Mrs Hilary Holland
Date..
10

WILSON MEMORIAL HOMES
Notes to the Financlal Statements
For th• year ended 31 May 2021
LEGISLATIVE PROVISIONS
The Charity is a Charitable Incorporated Organisation {CIO) which was estsblished on 4 July 2019
and is regulated by the Constitution.
ACCOUNTING POLICIES
These accounts have been prepared in accordance ￿ applicable accounting standards. the
statement of Recommended Practice, Accounting and Reporting by Charities, Charity SORP FRS
102, Update Bulletin 1 & Update Bulletin 2. and the Chariiies Act 2016.
Accountin Convention
The accounts are prepared under the historic cost convention, modified to include the revaluation
of investments in accordan￿ with applicable aC￿Unting standards and recommended practice.
Incomin
Resources
Contributions from the Residents are a￿OUnted for when recervable and are added to the
Unrestricted Fund. Investment Income is accounted for on the receivable dates and added to the
relevant fund in vthich the investment is held.
Costs
All expenditure has been recognised in the financial statements on an accruals basis.
Functional Pro
rties
The functional properties are included on the balan￿ sheet at a nominal value of £1. The ourrent
insurance value of these properties is detailed on page 13 of these statements.
The properties wtthin The Charity fonned part of the original Pemianent Endowment of the Charity
and under the terms of Ihe Charty Commission scheme dated 4th May 1984. they must be used as
alms-houses. The properties are therefore considered to be inalienable. The Trustees also
considered that no reliable cost infomiation was available and that a significanl cost would be
incurred in having the functional properties valued and that this would be onerous compared with
the additional benefft derived by users of the ststements in assessing the Trustees, stewardship of
the assets. Therefore the market value of the assets is reflected in the balan￿ sheet al £1.
Investments
The quoted investments are valued at market value. vthere applicable. Gains and losses relating
to investments are shown on Page 13.

INCOMING RESOURCES
Unre*icted
funds
D•*gnated
funds
cC￿tributIOnS from residont$
Interest
Donattons, Irtsura￿e Cl8im$
191.872.LY)
139.04
120.(M)
192.131.04
191.872.CQ
139.04
120.00
192.131.04
OPERATING COSTS
Lhw•$tri¢l•d De8ignat¢d D38lwated
¢￿F￿1
Total
2021
Oporalng Co#ts
Running Costs & AIAintsn8nca
)%emance Costs
25,93220
28.987.17
54,91937
510.00
0.00
$10.00
54.492.00
80.93420
28,987.17
109,921 a7
54A92.00
I￿nning Costs & MaInterAr￿¥
General Repair & VAintènance
Impro¥ements
ter Rat8s
CounrAI T8X
Insurance
21.725.53
0.00
510.00
0.00
0.00
0.00
0.00
0.00
0.00
54.492.00
0.00
0.00
0.00
0.00
0.00
0.00
54,492.00
21.725.53
55.002.00
0.00
0.00
3.625.81
112.50
83.36
385.00
80.93420
0.00
3.625.81
112.50
83.36
385.00
25,932.20
NnLRO
Bank Charge8
Plmshousè subsc￿pti0n
610.00
rna￿• Costs
Salaries & Costs
Trustees •155uran
Independent E￿Miner
Office Eynses
Legal & Professional Fees
23,804.78
380.80
200.00
4.601.59
0.00
0.00
0.00
0.00
0.00
o_oo
0.00
0.00
o.oo
0.00
0.00
23,804.78
380.80
200.00
4,601.59
0.00
28,987.17
0.00
0.00
28.987.17
12

5. TRUSTEES
None of The Trustees received any remuneratK>n during the period.
6. EMPLOYEES
There were tsvo employees during the period. the Clerk and an administrative assistant.
7. FUNCTIONAL PROPERTIES
N•t BcK)k Valua (an<1 valua> at 31 M•y
InBuranoo V*lu•
3.18Q.097
3.02E•.557
ess.258
601.1579
. Lana •t wa￿0￿ kna￿￿￿ a on to 1ho Vr4
801.579
. Land at BrarYyty>n (statlon F¥oad En0> frontag• on
4.g50.462 4.702.80
8. INVESTMENTS
2021
2020
fut
funds
Orket Value
Beginning of FericAYIy
Acquisitions at cost
Cliange in in pen"otyear
End of year
Transferred to CIO- See page 16
FSstorsc Cost
B8ginnirvJ of wiod
End of kwicxl
14.M).27
48.070.68
62.460.95
.e61.81
2.327.73
16.71&r
3,939 42
52.010.10
6,267.15
68.728.10
1.799.14
62.460.95
9.499.(M)
9.499.
34,701.rx)
34.701.
44,￿0.c￿l 44.2CNJ.c()
44.200.(M)
44.2￿.tsj
13

DEBTORS
2021
Weekly mainten￿ C￿tri1xJtKTh IWMC}
5.024.10
5,024.10
10.
CREDITORS:
AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2￿.CO
Buikler - CNF Work
151.18
951.18
11.
ENDOWMENT FUNDS
2021
Balance at 1 ￿1n@
Mownent in fvnds..
Prior t￿ri￿1 *lju5trnent
GainsllLcssesl
Commission
Balance at 31 May
9.SC().
9.$00.00
The Endo￿nent Fund reprvaents those assets vthich musl be held pernanently by the Charity.
Income arising on the assets held in this fund can be used in accordance V￿th the objectives of
The Charty and is included as unrestri¢Xed income.
14

12.
ExfRAORDINARY REPAIRS FUND
2021
Balance at 1 June
Transfer tr￿] U￿￿tricted FurKIs
Less ERF ExperKliture
Balan￿ at 31 May
{14,826.371
22.860.00
510.IX)
7.523.63
Extraordinary Repair Fund IERFI
This is a designated reserve fund for future maicy repairs. Transfers are made to it f￿ the Income and
Expenditure Account in accordance wrth the recc4nmendations of The Almshouse Asscckqlion.
13.
CYCLICAL MAINTENANCE FUND
2021
Bala￿e at 1 June
Transfer from Unrestricted Fufftls
Less CMF ExpeThJiture
8alanc• at 31 May
28,405.20
37.395.
11.308.20
Cycllcal Maintgnance Fund ICMFI
This is a designated reserve fund for maintenarKe ￿LUrring at regular intervals. Transfers are made to it
from the Income and expenditure account in accordantE the I￿¢￿￿MendatIonS of the Almshouse
Association.
14.
ANALYSIS OF NET ASSEfs BETWEEN FUNDS
Unrestricted Deswnated Endo￿￿￿1
funds
funds
funds
Total
2021
Total
2020
F￿￿ti￿)￿l Prcferties
Inknts
C(JF lthest FurKI
C(JF InNeStr￿ FUNI
17,th1.cN)
17.351.
34.701.¢XI
17,350.C¥J 17,350.c¥J
9.WJ.(M) 26.89).CrfJ 28.850.(XI
g.XQ.¢X) 44,201.¢))
44,201.1
Cash at tonk
173.219.&8
5.024.10
1951.181
211.993.48
18.831.83
O.CQ 1￿￿.051.39 112,099.34
5,024.10
2,929.51
{951.181 11.114.211
9.5￿.(￿1 240.325.31' 158.115.64
11831.83
UnrealseA gans I￿&¥J>j aton:
gainsllbssasl ￿ rvAbJaions
Unrestricted funds comprise those funds which the Trustees are free to use in accordance wth
The Charity's objectives. Designated fvnds are the ERF and the CMF whose purpose is defined by
The Trustees.
15