Charity number: 118S276 WENLOCK ALMSHOUSES UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 WENLOCK AU¥lSHOUSES CONTENTS Page Reference and Admlnlstratl¥e Detalls of the Charity. Its Trustees and AdvSsers TNstees' Report Indepèndent ExamIn•￿$ R•port ststement of Flnanclal Artivltles Balance Sheet Notesto the Financiol St¥temehts 8-19 WENLOCK ALMSHOUSES REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEM8ER 2023 Trustees Mr C 8 Forbes Adam Revj M Doyle Brett Dr D Belbin Mr l Reynold5 Mrs J Luscombe Mr D T Wilson Mrs E R M￿chell Charfty registered fvumber 1185276 Prlncipal offi Escrick Park Estate Estrick Y019 6EA Secretary Sarah van Kalsbeek Independent examlner Rachel Heath FCCA DChA BHP LLP. Chartered Accountsnts Rlevaulx House I St Mary'scourt York Y024 IAH Page I WENLOCK ALMSHOUSES TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustee5 present their annual report togetherwlth the ffinanclal statements of the Charty for the year l January 2023 to 31 December 2023. The trustees h3ve adopted the provision5 of the Statement of Recommended Practice ISORPI "Accounting and Reportin8 by Charities" in preparing the annual report and financial 5taternents of thè tharity. The financlal statements have been prepared in accordance with the accountin6 policies set out in notes to the accounts and cornply with the charity's 8ovemln8 document, the Charbties Act 2011 and Accounting and Reportin8 by CharitlE5'. Statement of Recommended Practice applicable to charftles preparing their accounts in accordance wlth the Financial Reportlng Standard applicable in the UK and Republic of Ireland published In October 2019. Objertlves undartlyltles . Polldes and obJertlv•s The purpose of the charity is to maintain the ￿mShoU$e$ In Escrick and to help the poor residents in the Parishes of Escrick and Debghton. The Trustees confim that they have complied with their duty tts have due regard to Charlty Commission guidance on public benefit when exercising their power or dutles. Achlevements undperfornwnce a. Rtvltwolaai¥ftles Escrlck & Delghton Charttbes have contlnued to malntaln and Improve the facllitles at Escrl¢k ￿M$houSes. includlng the draftlng of plans for an extension to property 59 in order to further the charlty's oblectlves. The charity has also realised the income shares held by the Consolidated Poor's charities to make more productive use of these furbds, and has removed the Consolidated Poor's charitles from the register as part of modernisation plans for the charity's structure. Flnantlalxevlew a. Golng ¢Or￿￿rn After maknn8 appropriate enquiries. the trustees have a reasonable expectatSon that the Charity has adequate resources to ctsntinue In operatlonal exlstence for the foreseeable future. For thi5 re350n, they continue to adopt the 8oln8 toneern basls in preparlng the financial statement& Further detalls regardlng the adgptlon of the solng concern basis can be found In the accounting policies. b. Reserves poll¢y The Trustees retain a level of general income reserve$ in wder to maintain the Almshouses for future generations. The Trustees, objective Is that reserves should not fall below the level of 12 months, retUFrent expenditure which, on the basls of current expenditure leve15J 8ives a rninimum level of required reserves of £I4,1J￿. At 31 December 2023, free reserves were £39,85712022: £29,261), which is general funds. nèt of designated funds. Page 2 WENLOCK ALMSHOUSES TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 . Results The charlty has a surplus for the year. before Investment galnslllossesl, of £13,999 12022.. £13,850). The gain on investment5 was £6.97912022- loss of £6,520). The overall surplus for the year was £20,97812022.. £7,330). Funds carried fotward at the year end are £996,68412022.. £975,706) ol whlch £91,57112022: £253,7281 are unrestricted funds and £905.11312022.. £721,978) are endowment funds. structsre. qovern•n¢eondmon¢wem¢nt . Co0￿1tu110n Wenlock Almshouse5 15 a registered Charity, number 1185276, and is constituted under Its goveming document. b. Metlwd5 of appointment or el•ctlon of Trustees The mana8ement of the Charity 15 the responslblllty of the trustees who are elected and co-opted under the terms of the Trust deed. Plan5 lor future pÈriods The tharfty w511 tontinue to support the local ctsmmunlty by maintainln8 the upkeep of the Almshouses to a hlgh standard. ststemtnt of T￿￿**$. responslblllil•s The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and Untted Kingdom Accountin£ Standards (United Kingdorn Generally Accepted Accountin8 Practlcel. The law applicable to charities in England & Wales requires the trustees to prepare fin3ncial stateménts for eaeh financial year whith give a true and falr view of the state of affairs of the charity and of its incomln8 resources and application of resources of the CharSty for that perlod. In preparln8 these financlal statements. the trustee5 are required to.. select suitsble a￿unting policie5 and then apply them consistently,. observe the methods and principles of the Charities SORP 2019 IFRS 1021- make Judgments and accounting estimate5 that are reasonable and prudent,. state whether applitable UK Accounting Standards have been followed. prepare the finantlal statements on the 8oin8 concern basis unle55 It Is Inapproprlate to presume that the Charity wlll continue in operation. The trustees are responslble for keeping proper accounting records that dlstlose wlth reasonable accuracy at any time thè flnancial position of the Charity and enable them to ensure that the financial statements comply with the Charltles Act 2011. the Charity IActounts and Reportsl Regulations 2008 and the provislons of the Trust deed. They are also responslble for safe8uarding the as5et5 of the Charity and hence for tak4'n8 reasonable Steps forthe preventlon and detection of fraud arid other Irre8ularlties. PaBe 3 WENLOCK ALMSHOVSES TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 Approved by order of the member5 of the board of trustees and signed on their behalf by.. C B Forbes Adam Twstee Date.. 2910712024 Page 4 WENLOCK ALMSKIUSES INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Indepejxlent examlner's report to the Trustees d Wenlock Almshou5e5 fthe tharltrfl I report to the charity truthes on my examlnation of the accounts of the Charity for the year ended 31 December 2023. R•sponsltsllltle$ and 83515 of Report A5 the tTUStees of the Charity you are responsible for the preparatSon of the accounts in accordantÈ wlth the reqyirement5 of the Charities Act 20111.the 2011 Act'l. I report In respect of my examination of the Charlty's accounts carrled out under 5ertion 145 of the 2011 Act and in carryin8 Out rny examinatlon I have followed the applicable Directions glven by the Charity Commlsslon under sertion 14515llbl of the 2011 Art. Indtptndent Examlner's Statement I have completed rny examination. I confirm that no matters have come to my attentlon In connection with the Èxamination 8ivin8 me cause to believe that in any fflaterial respect- accounting records were not kept in respect of the Charity as required by settlon 130 of the 2011 Act,. or the accounts do not accord with thosé records- or the accounts do not comply with the applicable requirements concernlng ihe form and content of accounts set in the Charitie5 (Accounts and Reports) Regulation5 2008 other than any requirement that the accounts glve a *rue and falr. view which is not a matter ¢onsidered as part of an independent examination. I have no concerns and have Come across no other matters in connection with the examlnatlon to whlch attention should be drawn In thls report in order to enable a proper understsndln8 of the accounts to be reached. Signed- Dated: Rathel Heath FCCA DChA BHP LLP Rievaulx House I St Mary's Court York Y024 IAH PaBe 5 WENLOCKALMSHOUSES STATEMENT OF FINANCIAL ACtIVlTIES FOR THE YEAR EAIDED31 DECEMBER 2023 Unreslrlrted funds 2023 Endowment funtls 2023 Totsl funds 2023 Total funds 2022 Note Income and endowmert5 from: Charitable artwities 28￿35 3A61 28￿35 3.461 22.940 8.383 Investments Totsl in￿rne and èndowments 32,296 32,296 31,323 Expendiwrt Charltable activities 18.297 18.297 17,473 Total expendfture 18.297 11297 17,473 Net income before net gains/llossèsl on inv*stm*nts 13,999 6.979 13.999 6,979 13,850 16.5201 Net gainsl11055esl on inve￿Ments Net Income/ lempendlturel Transfers between funds 20.978 20.978 7,330 12 1183.1351 183,ts5 Nei movemènt In funds 1162,1571 183,135 20,978 7,330 Reconclllatlon of funds: Total lunds brought forward Net movement in fund5 253,728 1162.1571 721.978 183,135 975.706 20,978 968,376 7.330 Total fvnds caffl•d fobward 91,571 905,113 975,706 The Statement of Flnanclal Activities includes all Bain5 and105se5 recognised in the year. All Income and expendlture derive from continuing activities. Page 6 WENLOCK ALMSHOUSES BALANCE SHEET ASAT31 DECEMBER 2023 2023 2022 Fix•d assets Tanglble assets Investments 905.113 84.849 721,978 224,467 989.962 946.445 Currènt asmts Debtors io 1,560 6,962 1,522 30.811 Cash at bank and in hand 8,522 32.333 Creditor5'. amounts falling due within one year li 11.800) 13,0721 Net Current assets 6.722 29,261 Total net a55ets 996.684 975,71 Charltyfunds Endowment funds 12 905.113 721,978 Restricted funds Unre5tfitted funds 12 De51gnated funds General funds 12 5L714 39,857 224.467 29,261 12 Total unrestrlrted funds 12 91,571 253,728 Totsl lunds 996.684 975,706 The financlal statements were approved and authorised for issue by the Trustees and slgned on thelr behaW by.. C B Forbes Adam Chairman Date: The notes on page$ 8 to 19 form part of these financlal stattments. Pa8t 7 WENLOCK ALMSHOUSES NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2023 General Infomiatlon Wenlock Almshouses Is a charltable Incorporated organisation ICIOI ￿lStered In England and Wales. The address of the registered offKe is given in the charity information on page l of these financial statements. The nature of the tharity's operatlons and principal acttvitie5 can be fgund on page 2. Accountlng pr>lld•s 2.1 Bosls ofpreporotion ol)Ynonciolrtotements The financial statements have been prepared In accordance with Accounting and Reportin8 by Charities.. Statement of Recommended Practice applicable to thailtles preparing their accounts in accordance with the FinantSal Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019. the Fknancial Reporting Standard applicable In the United Kingdom and Republic of Ireland IFRS 1021. thè Charltles Act 2011 and UK Generally Accepted Accounting Practice. The finantial statements have been prepared to give 3 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2LX)8 only to the extent required to provide a 'true and fair, view. Thls departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the Accounting and Reporting by Charlties: Statement of Recommended Practice effertNe from l April 2005 whith has since been withdrawn. The financial 5taternents are prepared on a going concern basis under the historical cost convention, modified to include certain item5 at fair value. The financial statements are presented in sterlin8 whlch is the functional currency olthe cha¥lty and rounded tothe nearest £. Wenlock Almshouses meets the definition of a publlt beneflt entity under FRS 102. Assets and liabllltles are Initially recognlsed at hSstorical lost or transartlon value unle$5 Qtherwise stated tn the ielevant accountln8 poliry. 2.2 Golng concern The financlal 5talements have been prepared on a golng concem basis a5 the Trustees belleve that no materlal ￿n￿rtaIntIeS exist. The Trustee5 have considered the level of funds held and the expected level of Income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure 15 sufficient with the level of reserve5 for the charlty to be able to continue as a Boln8 concern. 2.3 Income All Income Is recognised once the Charity has entltlement tg the Income, It i5 probable that the income will be re￿1ve￿ and the amount of income recelvable can be measured reliabty. Income tax recoverable In Telatlon to investment Income is recognised at the time the investmènt income Is receivable. Pa8e 8 WENLOCK ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2023 Accountlng pollcle5 Iwntlnuedl 2.4 Expeftditure Éxpenditure is reco8nised once there Is a legal or constructive obli£ation to transfer economic benefit to a third party. It is probable that a transfer of economic benefits wlll be requlred in seitlement and the amount of the obli8ation can be measured ￿lIably. Expendlture on charitable actlvltles Is Incurred on dlrectly undertaking the activltles which further the Charity's oblectives, as well a5 any aswciated support costs. All expendlture Is Inclusive of irrecoverable VAT. 2.5 Interestreceivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably bv the Charity: this is normally upon notification of the iThterest paid or payable by the instfjtutlon with whom the funds are deposTrted. 2.6 Toxatioft The Charlty is considered to pass the tests set out In Seh. 6. para. l of the Flnance Art 2010. Accordingly. the compzny is potentially exempt from taxation in respect of income or capfjtal gains received wlthln categorie5 covered by to Income Tax Act 2007. Part 10 $521- 5537, to the extent that such income or Èalns are applled exclusivety to charftable purposes. 2.7 fonqlblefved ossets•nddeprttlotlon All properties are revalued every 5 years, with additions in intervèning periods belng stated at cost. No depreciation is provided on propertles as they are malntained in a state of good repair and atcordlngly the Trustets consider that the lives of these assets are so long and residual values. based on pdces prevailing at the time of valuation, are so high that anydepreciation charge would be Insignif￿ant. 2.8 I￿V￿t￿￿￿ts Fixed asset Investments are a form gf finaThcial instrument and are initlally reco8nlsed at their transaction c05t and subsequently measured at fair value at the 8alance Sheet date. unless the value cannot be measured iellably In which case it 15 measured at C05t less ImpaSrment. Investment gains and losse5. whether reallsed or unrealised, are comblned and presented a5 'Gain511Lossesl on investmenis. In the Statement gf Financial Activitie 2.9 Debtors Trade and other debtors are Tecognisèd at the settlement amount after any trade discount offered. Prepayment5 are valued at the amount prepald net of any trade discounts due. 2.10 Cvsh Ut bunk andln h¢7nd Cash at bank and in hand includes cash and short-term highly liquid inve5tment5 With a short maturity of three months or less from the date of acquisition or opening of the deposit or slmilar account. Page 9 WENLOCK ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER2023 ountlThg pollcles Icontlnuedl 2.12 Llubllftles 17ndpro￿$10￿S Liabilities are recognised when there is an obligation at the Balance Sheet date as a result ol a past event. it 15 probable that a transfer of economic benefit will be required in 5ettlemenL and the amount of the settlement can be estimated reliably. 2.12 FlJwnd41 Instruments The Charity only has financial assets and financlal Ilabllitles ol a kind that qualify as basic financial Instruments. Basic flnancial instruments are initially recognised at transartion value and subsequently measured at their settlement value with the exception of bank loans which are Subsequently rneasured at amc>rtised cost usin8 the effective interest method. 2.13 Fundottountlng General funds are unrestrirted fund5 whlch are awailable for use at the discretion of the Trustees in furtherante of the general oblectlves of the Charfrty and which have not been designated fgr other purposes. Desl8nated funds comprise unrestrirted funds that have been set aside by the Trustees for particular pvrposes. The alm and use of each desl8nated fund Is set out in the notes to the flnancial statements. Investment income, gains and10s5es are all￿ted to the appropriate fund. Page 10 WENLOCKALMSMOUSES NOTESTOTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEM8ER 2023 Intomefrom charltsble activitles Unrestrl¢ted fund5 2023 Total funds 2023 Totsl funds 2022 Almshouses Contributions 25.283 3.552 25,285 3.552 20AOO 011 Receipts 2,140 28.835 28.835 22,940 Total 2022 22,940 22,940 Investment Incom• UnreWicted funds 2023 Total fvnds 2023 Total funds 2022 Accumulation dividends re¢eivabl¢ 3,403 58 3.403 8,280 103 Bank interest recelvable 3,461 3,461 8,383 Total 2022 8,383 8,383 Pa8e 11 WENLOCK ALM$￿V5E5 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysls of expendlture on charltable artNrtle5 Summorybyfvnd type Unrestrirted fvnds 2023 Total 2023 Total 2022 Charltable actlvltles 18,297 18.297 17,473 Totsl 2022 17,473 17,473 Analy515 of ¢xpendlture by actl¥ltles AcUvhk5 undertaken dlrectly Support Costs 2023 2023 Total funds 2023 Total funds 2022 Alms Houses Contribution5 16,065 2,232 18.297 17,473 Totsl 2022 14,799 2,674 17,473 Page 12 WENLOCK ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysls of •xpenditurn by artlvltles Icontlnuedl Analysls of dlrect costs Almshouses Contrlbutlons 2023 Tolal fvnd5 2023 Total funds 2022 Rates and water 2,129 3,355 3,650 1.238 146 2,129 3,355 3.650 1238 2,2B3 2,648 3.135 1,097 1.808 286 Ll8ht and heat Repairs and maintenance Insurance Upkeep of grounds Sundry expenses Arch5tetts fees 747 747 3.542 16,065 16, 14.799 Total 2022 14,799 14,799 Analys1$ of support costs Almshouses Contributi4X 2023 Total funds 2023 Total funds 2022 Clerks salary Treasurers, salary Independent examiners fees 1.050 Imso i.oso 350 1.182 1.182 1,274 2,232 1232 2,674 Total 2022 2,674 2,674 Page 13 WEMLOCK ALMSHOUSES NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 Truste¢s' r¢muneratlon and ￿penSeS During the year, no Trustees received any remuneration or other benefrt512022- f NILI. During the year ended 31 De￿fflber 2023, Tho Trustee expenses have been Incurred12022- £NILI. Tanglble Ilmed ass¢ts Frtthold V¢71uotlon orcost At l January 2023 Addltions 721,978 183,135 At 31 December 2023 905.IIY Netbook volue At 31 Detember 2023 905.113 At 31 December 2022 721,978 The Almshouse5 are sltuated on the Main Street in Escrick. They have been included at valuation of £705.ocKI as valued by Stephensons Estate A8ents on 23rd December 2021. alongslde addltions In 2022 of £16,978 to the Almshouses and £183,135 this year. Page 14 WENLOCK ALMSHOUSES NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Flxed a55et investments Usted Invwtfflgnts Voluotlon At l January 2023 Additions 224,467 3,403 itso.oool 6,979 Disposals RevaluatKJns At 31 December 2023 84,849 Netbook vulue At 31 December 2023 84W9 At 31 DÈtèmber 2022 224,467 io. Debtors 2023 2022 Due wlthln one year Trade debtors 821 Prepayments and a￿rUed income 737 701 1.560 1,522 ii. Creditors: Amounts falllng due wlthin oneyaar 2023 2022 Trade creditors 75 1,872 1,200 Accruals and deferred income 1,725 3,072 Page 15 WENLOCK ALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS FOR 7HE YEAR ENDED 31 DECEMBER 2023 12. Statement of lunds Ststement of funds- current year balance at I J4nuary 2023 Transfers InloLrt Galnsl Balance at 31 (Losses) Detember 2025 ExpÈndltu Unrestrlrted fvnd5 Destsnotedjunds Extraordinary repair fund 224,467 3A03 1183.1351 6,979 51.714 Gen¢rolfvnds General funds 29261 28,893 118,297) 39,857 rotol Unrestrkted fvnds 253,728 31296 118,297) 1183,1351 6,979 91.571 Endowmentfvnds Propertv 721,978 183.135 905.113 TotololAunds 975.706 32.296 118.2971 6.979 Page 16 WENLOCK ALMSHOU5E5 NOTESTOTHE FINANCIALSTATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12. emem of furtds Icontlnuedl Stalernenl of funds. prior y•ar Balance at l January 2022 Balance at Gal￿￿ 310ecember IL0s5esl 2022 Transfers inlout Income Expendlture Unrestrirted fvnds Deslqnrtedfvnds Extraordinary repair fund 222.707 8,280 16,5201 224,467 6enerolfvnds Géneral funds 40,669 23,043 117,4731 116,9781 29,261 lunds 263,376 31,323 117,4731 116,9781 16,5201 253.728 Endowmentfvnds Property 705,000 16.978 721.978 Totolojfvnds 968,376 31,323 117,4731 16,5201 975,706 The Endowment fund relztes to the value of the land sltuated at Escrick wtth the Alrnshou5es thereon known as Wenlock Almshouses (see note 81. The transfer in both year5 is in relation to additions made to the properties. In 2018. the endowment fund also included the Intome Shares of the Consolldated Poor's Charities as per the Charity Commis5KJn Scheme dated 1st September 1967. Following resolution by the trustees of the charity at a me￿Ing on the 2nd July 2018, It wa5 a8reed upon to dispose of the Income shares and transfer these funds to restrlcted funds. The trustees are satisfied that this wlll allow for the purpose set out by the consolldated poor's charities to be fulfilled more effertively. On merging with the CIO Wenlock Almshouses In a prior year, the re5trirtions on the general funds and èxtraordinary repalr fund that had been In place under the prevlous 8ovemlng documents were removed and a transfer w35 included In relation to these funds as at the date of the merger. The extraord5nary repalr fund wa5 transferred to designated funds to be held for the extraordinary repalr, improvement or rebuilding of the Almshouses. Page 17 WENLOCK ALMSHOUSES NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 13. Summary oflunds Summ•ry of funds- currentyear BalaThre *t I January 2023 Transfers .loul Galnsl Balanr¢ #t 31 (Lossesl De￿mber 2023 InMmB Exp•ndltw• Designated funds General lunds 224A67 29.261 721,978 3.403 28,893 1183.13$1 6,979 51.714 39,857 905.113 1182971 Endowment funds 183.135 975.706 32.296 118.2971 6,979 996.684 Summary offvnd5. prlor y￿r Balance at I january 2022 Balante at Galnsl 31 December ILosse51 2022 Transfers inlout Income Expenditure Deslgnated funds General funds 222,707 40.669 705,1 8,280 23,043 16,5201 224,467 29.261 117,4731 116,9781 16,978 Endowmentfunds 721,978 968,376 31,323 117.4731 16,5201 975,706 14. Analysis of net assets between funds Analy51s of net assets between funds. turrent yèar Unrestricted Endowrnent lunds funds 2023 2023 Totsl fvnds 2023 Tangible fixed assets Fixed asset Investments 905,113 905.113 84.849 8,522 11.800} 84.849 8,522 11.8001 Current 3S5ets Crèdltors due wlthln one year Totol 91,571 905.113 Page 18 WENLOCKALMSHOUSES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 14. Analysls of net asset5 bttween fund5 IcontinuÈd} Analy$15 of net 355ets between funds- prlor year Unrestricted fund5 2022 End¢)wmernt funds 2022 Total funds 2022 Tangible fixed assets Fixed asset investments 721.978 721,978 224,467 32.333 13,0721 224,467 32.333 13,0721 Current assets Credltors due within one year Total 253,728 721.978 975,706 15. Related p¥rtytr4nsaalon$ There were no related partytransactions durin8 either peTlOd. Page 19 Wenlock Almshouses Charity number 1185276 clo Escrick Park Estate Escrick York Y019 6L8 BHP LLP Rievaulx House I St Marvs Court York Y024 IAH Dear Sirs The following representations are made on the basts of enquirie5 of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent exarnination of the charity's financial statements for the year ended 31 December 2023. These enquiries have included in5PèCtion of supporting documentation where appropriate. All representations are made to the best of our knowledge and belief. General I We atknowledge that the work performed by you is substantially less in scope than an audit performed in accordance wlth Internatlonal Standards on Auditing IUKI and that you do not express an audit opinion. 2 We confirm that the charlty was entltled to exemption under section 144 of the Charities Art 2011 the requirement to have its financial statements for the financial year ended 31 December 2023 audited. 3 We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter dated 21 April 2021, under the Charities Act 2011 for preparing financial statements in ccordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Attounting Practice), for being satlsfied that they give a truè and falr vlew and for making accurate representations to you. 4 All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. 5 All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all approprlate persons within the charity. and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commi55i0n. 6 The financial statements are free of material misstatements. including omissions. 7 The effects of uncorrected misstatements las set out in the appendix to this letter) are immaterial both individually and in total. Assets and Ilabllltles 8 The charity has satisfactory title to all assets and there are no liens or encumbrances on the charlws assets, except for those that are disclosed in the notes to the financial statements. 9 All actual liabilities, contingent liabilities and guarantees 8iven to third parties have been recorded or disclosed a5 appropriate. 10 We have no plans or intentions that may materially alter the carrying value and where relevant the fair value mea5urement5 or classification of assets and liabilities reflected in the financlal statements. Accountlng estlmates 11 Significant assumptions used by us in making accounting estimates. includinB those measured at fair value, are reasonable. 12 We confirm that we consider that the freehold property valuation of £905,113 is a fair reflection of the fair value. We are of the opinion that the value of the properties has increased since the valuation by the cost of the additions capitalised in the year in relation to the extension of No. 59. Legal clalms 13 We have disclosed to you all claim5 in connection with litl8ation that have been, or are expected to be, received and such matters. as appropriate, have been properly attounted for, and disclosed in, the financial statements. Laws and regulations 14 We have dlsclosed to you all known instances of non-compliance or suspected non- compliance with laws and regulations whose effects should be considered when preparing the financial statements. Related parties 15 Related party relationships and transactions have been appropriately accounted for and disclosed in the flnancial statements. We have disclosed to you all relevant information concerning such rèlationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements. Subsequent events 16 All event5 subsequent to the date of the financial ststements which require adjustment or disclosure have been properly accounted for and disclosed. Golng concern 17 We believe that the ¢harlWs financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity's needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further distlosures relating to the chariws ability to continue as a going concern need to be made in the finantial statements. Grants and donatlons 18 All grants, donations and other income. the receipt of which is 5ubjert to specific term5 or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income. Yours faithfully 55gned on behalf of the board of trustees Date: 2910712024