Charfty number: 1185276 WENLOCK ALMSHOU UNAUD.rrED TRusfEES' REPORT AND FINANaAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 CONTENrs Rrf•l•n¢•￿d •thlnlrtrntf¥• d•tr￿ ofth•thir*y, hThist•*•nd •dth thdwndwrt ex•mlnerf8 rnp¥rt REFERENCE AND ADMINIrnTIVE DETAILS OFTHE CHARITY, rrsTRusfEES AND ADVISERS FOR THE W ENDED31 DECEMBER1024 t•lrC6 Forbts Re¥J M Doy* Brett Dr D BeNn Mr l Reyr Mr DTVllw Iwolrttd ￿Ju￿2024) Mf5 E R Mlwhell E6¢rfck Park Est¥ie E5trf¢k Y019 6EA S•r¥h v¥n Kahbeek 8HP LLP, a￿ttered Awountonts Rlthut* Htsuse I St Marfscwrt York TRUSTEES, REPORT FOR ThTEVEARE14DED31 DECEMBER Th24 The trustees presèrtthelr•nnu•l report tothherwlth the finanthl st•temerts of1￿ C￿rIty for th• lJanuary2024 tv 31 Decembot 20211. The Inthes hove 4dopted the provkng of the Statement d Recomwdtd Prnctyce ISORPI "A¢wundffj•nd R•P￿Ing by prep3dn¢tht report•ndfith••d•l #•ten￿nts0l¢hecI￿ty. The flnandbl statements hwe been wepared In a¢wrdJn¢e wlth the ittountln8 s•t In notes to the o¢counts and comply twlth the th•rlVs 8overnlrq documen¢ the Ctharltle5 2011 •nd and Reportlng by tharltles: st•t•mwrt of Recornmended Practke appNcatrAe to tharh*s prep8rlng Ihelr a¢uuTrts kn acthrdance vAth the Rep0￿￿51￿￿1•rd apWk•ble Inthe VK and Ilep¢Jbll¢ol Ire14r￿ pybjtshed In Octthr2019. P•ltl#i•Mdo¥•¢t The puryose of the ¢hortty b to m•lnt•lTr the ￿mI1￿m￿lS h) Escrfd( and the poor resldents In the or Escrtck•nd Delhto The Tn*e¢5 cohllm? that they have complled wlth thelr duty to h•¥e r¥ard to Chailty Commtsslon ￿ldan￿ on pu￿¢ btr*fft whenexer¢Wwthelr pwerordytkn. Escrk* & De*n o*rfE￿5 tontlnued to m•ifflaln •nd Impro¥e tbe fa¢lll*s at Exrkk Almshou￿$, InJudlry a extenslon to property $9 In •rder to further the tharity￿ obJethe& The thprlty has also realhed the kncome shares held by the Consoltdated Poof$ charft￿$ to make moye prodwtfve use ¢¢ ttr*st furth, and hs ￿moved the CoNolld•ted P￿$th•r￿t￿$fvOM tr* reBbtsras partof modernlsBdonplDhiforthèch•rityts stnxture. After mèklnB ipprwJ•te eDqulrk4 the trusteos h3%* a reasonable •V¢l*lon the CtharKy has adequate resour to coniinw kn operatknd ￿j￿enCefoTthe furo5e•atAtftrture. Forthls re•50￿ theyconthueto athpt the 801r¥c￿￿ern b•sks In prepath8 thefinandll st8tement& Further detaN$ reqarthwthe •doptlonof the ¢c4wf*ncern basls ￿nbel9￿d In the poll¢ks. The Tn4tee5 rotsln * of 8ener•l In¢ome Te5eMs kn order to mèknt•ln th• th)shouses for futurt yMr•tlon& The Tru51ees' Isth¥tre5erYesshould notfall belowthe level of 12 monts. recurnnt•¥pendltur•whlch. oThtt* basis of¢uireni t￿￿dIlUre kvels, 8lve5 a mlnlmum kvel of requlred ￿r¥¢$ Lrf£14AW. At 31 Deeemb¢r Z024, free reserves *re £57￿64{1023.. É39,8S7).whlth158èntrnlfvndi T￿t¢f tWnated fvnd5. Pa8e 2 TRUSTEES, REPORT ICONllNUEDI FOR THE YEAR ENDED91 DECEM8ER2024 The ¢lwrlty has a 5urnlus fw the ¥¥r. bekn In￿$￿7erf y$ns1(Ifswl, of £2L192 12023.. £13.9991. The 8aln on Invutments wa5 £3.320 12023: £6J791. The oyernll S￿r￿u5 lor th• year w•$ È24.512 12023: £20￿7￿1. Funds carrf¢d foN•ard it the year end •Te £¥02L19612023.. £996WI of vthlth £IIOA37 P025: fgL5711 are unre5tr1rt•d fvnds and £910.75912023.. £905.1131 11eendow￿tfvnd& W•nlock￿rn$hoWes r¥￿ter*d (th#￿v. nwnbtr 1185274 •nd Iscor*15tsted ￿￿er rts8o¥emlr4donm*rt. The manwmentofthe ChrSty Isth respon￿1￿01 the t￿￿te￿ ￿0•re •l•rted ind ¢o•¢d underthe term$ Ofthe T￿￿1 deed. The dMrltyW]11 to wpwtthe I1aftrr. C ¥Forb•sAd•m Tr￿te¢ 03 INDEPENDENT UAMINER'S REPORT FOR THE YEAR ENDE031 DECEMKR2024 Klep•ndert•wnlnrf• Myttoth•TnutrdofW•hlo(*Aknthsw l*h• thmft I veporttothe ¢h•rftytn*ees•n myexam1n•t￿Th gfthe •cwunL% olthe Chawityforthe ye•rended 31 D¢¢•rnber2024. Mu￿￿1b￿l￿ and b•* olTeport As th• trurt••g of the Ch•rny you art respon$lbk for ihe prepor•tlon of the att0￿ th •ctorthrt¢ the r•gulr•Jnentsdthe Ad l*h• 2011 Act'l. I rwrt In rrtp•¢t of my somknaODn of thv th•rW5 a¢toufits tarrnd urKkr SÈttlon 145 of the 2011 Act and In ¢•rrylnB out my ex•mlnalon I h¥v• lolW •pplk¥bl• Dkertlons 8lwi by the th•rlty Comm15s￿￿ under slcthn 14515Mbl of tI￿1011A¢t. I have tompleled ffly eK•mInI￿￿. I confirm th•t M matt•rs Ibm tob￿¢ to my •tt•rtknn In c4nnectl<)n wbth th• arnln•tlon 8lWn¥ m cause to belle¥• th•t In •ry materl•l rnspe¢t: atcounUn¢ records**re not k•oln respertofthe th•tity as rnqulred byse¢tlon UOo¢the Ac(• or the ar£ountsdo not a¢cord thw T*cords: or the accounts do nrt Com￿% T*Ath the ipplkable requlrnmer*ts u>n¢ernlrK8 the fomi and content ol actouDts set ¥)ut ITh the (havltles (A¢wints Ind Aeportsl ReAuladon5 2(Kl8 Othor than any requlrementthatthe ac¢ounts*•Y and fairf¥￿W whlth Is not? m8tterc4Midered¥s ￿rt01)Th Ind*peDdent emèmlnatlon. I rwuneerns aThl across Th) otl*r mtheis ln connectkffi wlth the examlnatlon to whld) attentloThshould be drAwYb knthl$ ryort In ordertoenabl•• propw und¢rst•ndln6of the acwuntsto be reathed. 0IN2025 GMT Y9nÈi ID.. W Rjthel Heath FCCA DC CLTHN6RI... RlevauLY Howe l St Mary's Ctyjrt York P4Be 5 5TATEME14T OF FINANCLALAcnvmES FOR THE YEAREI4DED310ECEMBER2024 T*)tsl funds Totsl furhts funds throm•*Ad•hdNTments frnm: tharftsbfe actMlle5 32.153 J6 28IYS 3A61 Investments a￿18 fyp¢ndiiur• oth: Chxirable ¥¢ll•lll yy 297 14ATI 18297 TnSlrnents NÈtpknslllossesl onlnNfSDntnis 6?79 Il•tlnr•mel I•¥pwLd￿r•j 24A 24￿ 20978 12 N•tmgwffi¢rtlhfunds 20￿78 Rqron¢lll•tlonotfw Tot41 fund5 ￿h1 for¥Ard Net movem*rtin fund5 113 975. Toi•l IuDd5 raffled foThMd 9JO.759 994684 Thestatementof Ilnandal¥rtMtlès Includesal8alnsand b55es recosnls•d In the ￿￿. AN Inc<#n*•nd expentllture deth*froM￿thUl￿ xl1v￿• BALANCE SHEET ASAT31 DECEMBER2O24 Tar•lt•55tts 910,759 905.1 989,962 C•%h * bonk and In hand 53 4522 cr•dIto￿ dwwltNn ontye•r IAISS) {Ip)01 6,n2 Tol•l OIL196 Ernlowm•rtfund5 R¢strfcted filrds Unrtstrktedfund5 91ffj759 5.113 12 Sia73 57J64 5¥714 39157 Gen•nl fur￿$ 12 T*)tsl Iw)ds 9￿n Totslfunds 996,684 ThefiTh•￿I st¥te appro¥ed and Bth(K*lfoT Issue bytheTrust•esand S￿￿ on thdr behallby. alrmafi 17 Q3. IDt5 The notrSM pws 8t0 18form part ofthesefftAancl•l 5thtemeii NOTES TO THE FINfvAaAL STATEMENTS FOR7HE YE4RENDED3J DECEMfjeR2024 Wenlp¢k 15 3 tharftsble I￿￿￿*ted organb5atlon ICIOI re815tered In England arid W￿¢3. The 01 the reslrtertd dfice b etven In the Irknmatlon on pale l of these Ibn•ncFal Statemeb￿. The nature of thèdMrWs oper•tlw ond prtrdp¥l BrtlvlUÈs can be￿r￿ on patr2. ststement ol Re¢ommonded Practke apphuPAe io ¢h•rttks Pfep8rln8 thtlr a¢(4unts In ¥ts¢r&ncè wlth the Finandal Re￿)rtIfI Stinthrd *ppli¢•tle In Ihe VK 8nd R¢publlc of Ireljnd Issued kn Ortobpr 2019. th• FlnarK4al Reportlng Standard appl￿ble Jn the Unlted ￿ty&dOM Bnd Republk of Ir*￿rtd (FRS 1021. the CFArth$Art 2011 and VK6eneralfy kceptsd knntln8 Prncrke. The finantlal statements hwe been wepared to 8fve ¥ *rue and lale ¥lew and hfft depgrttd from the Charftl•s IAccouMS and ReF￿nsI Regulatkns 2[￿ onP< to the *xtent r•qulr•d to p￿￿de a •nd fal vlew. de￿rtUre has kn¥otr￿d folbwlirf the Ch•rltks SORP (FR$ 1021 pubThshed In October 2019 rather than the Acwuntiry •rLd AepJrtinB by Ch•rfdes: Statement of Rttommend¢d Pracrke effec￿ from l Aprfl 2(K)5whkh ha551n¢e I￿nWIthdraW The flninr4•1statements are preparedoDa toTh*rn ba* uNJ•r th¢ lthorkal eosteon¥enthrn modmed lo Indude c•ialn tt•rns Itfvtr￿1Ue.The fitsanckl rtatements ar• prwemed In sterlh¥ whkh l$thefvnrtl¢)r4AI Cuwrentyolthe thirlty and mundedto the nearestL Wenlctk Amshouses meets the definlY¢)n of * publk b¢nefft entity under FRS 102. Assets and hbHllles ar• knftlally recwlsed It hlstorkal cost or trdnMctkJn TAlue ujths Oth?￿￿e siat•d In ￿ r•lth•rt a¢¢ountln ThE fln8fKthI statem¢Ms hve been prepared on a 80lry con¢erh bas1$ a5 tho TNrtops bdbeve that no materhl un¢ertaI￿¢S e￿$t. Tr Trustees hove c¢nsldered the level tsf l￿d$ held and th• le¥￿ of In¢omE It￿ e￿ndItUre fcf 12 months frum author151ni these fimndal ststernents. The bud8el¢d kncon¥J and eV1￿ll￿r* Is suffident ¥Ath the Ivrtl of res¢r4*s for the ch•rlty to be able to cffittrwt a$ • 801 COn￿r All I￿eMe Isreco￿lS•d once the Chartty has entmementiothe I￿Orne, It Is probabl• thotthe hKome wlll recefvrtd andthe •mount of rece￿able be measured rellabty. Income tax rectylernble In relatlon to In¥estment Income15 re¢ognl%d •t the Ilme the Investment Incomt Pa￿8 WEIILOCK ALMSHOUSES NOTESTO THE FINANCIAL ￿ATEME1( FOR 7HE YE4RENDE031 D£CEMDER2024 Exwdrtur* 15 recognlsed On￿ thern Is a le831 u ¢ortstructlve oblwknl to tr¥th eri*￿MI¢ benefit to a Ihlrd p•rty, 11 Is probab￿ thrt • knnsler oleconomlc beneffts wlll be requlrnd In sett*meni •nd the amount oftht obf¢th b¢ measurnd relAbty. Ewdkure on ¢￿Ill¥bItr 15 IDoJFr*d on dlredty urthrt4klnB the aciivSlles fvrther the thirltysoblectrns.aswellas•ryassodrted ￿p￿￿rt¢wts. l expMdlture15 Ind￿￿* ￿1rT￿O¥￿th VAT. Int*r*st on funds held on deposlt Is 11K￿d•d Yknen aml the amount be mewred rellabty by thè Cknrlty: tN5 Is Thgnnai￿ upon ￿that10Th of th• thrertpald ￿pa¥able bythe Institutlon *lth ¥h￿the funds•r•deposthl. The th•iity Is cor4Wered to pass tht tests S•t wt kn Sth. 6. p¥a. l ofthe Hnance 2010. Attordlfi#¥, the company Is potrn¥alty exempt from laK0￿0Th In respect of income or capitsl 8alns rKehed wlthln t•tegorfes ¢o¥ered by to In¢oTM TaxAcl 2rm. P¥rt lo s521- $537. to th? *xientth* 5uth tTh£ome Dr qalns Ire pppl txdu51¥dyto ¢hrlt4ble purposes. I prwnles rev¥lued every 5 years. ¥ffth addliW ID 5DtèMnkn8 pertods belry suted •t tosL trlo depreda￿On L% provthd on pToperUe$ •5 th•y #re malntslxed In a rtats •* 8ood repalr and accordkn8tyth• Truste*s £onslder that th• IW of these 1$5èts art so loNq •nd ￿￿d￿lI *dlue5, based <>n prlees prmlllrqli thethne ol ¥￿￿•110￿, aTe $0 hE8hthat aTh¢ deprnd•tlors thar8e be InslKnHkanL Flxed 1sSèt investmrts lie ? lorm tslfinqndal In5tiument ind are Initlalty reecfnlsed atthelrtransartlon cort and subsequentty m&isufed at falr v4luE At the e•lance Sheet date, unlegs thE Yalut C3Tmt be measured rellably In wNch ¢w li Is me•sufed at lessknpa1￿•Dt. IrNe$tmentgal￿aNd losses re8Msed or Un￿310$ed, gre ¢ornblned ènd wwnt•d Bs 'G•lroALoss¢sl on In the Stthmerf ol FINrKtsI 2.9 Trade ind othtf debtors Jre retwlsed at the settltment amount after any tr•de 115¢0unt offwed. Pr•wymentsare valued Il the amDunt prepald I￿t of anytrade dlsrnunts dup. C•sh at Imnk and In h•nd InEhAd cosh and shon4Erm hl8hly Ilquld In%￿stMe￿$ 4 short maluwty of three m¢)nths w le$5 from the datè of aqu151tlon tyopenlngof thedeposlt or 51mll¥rac¢ounL N¢YES TO THE FINANaALSTATEMETrll5 FOR THE YEAftEM)ED31 DECEMBER2024 Uablht1é5 are rncoEnis•d wh•n there Isan o￿l￿tIOn at the BalaKt Sheet dètsas a resuk ola plstevetht, r( probablethita trnnsfer ofe¢onomic beMfitwlK be r*gtslred In settlemML •nd amourtofthe n beestlmoted reltabty. (hartty only h•$ flnand81 •sséts •nd fiMrKl•l Ilat41ities of i klnd that gualify w buk fina￿11 IDstsvments. Baslc finonda knstrurwwts art Inltlaty recognlsed at trnmartlon ￿l￿e and subsequenty Iiiea5ured at thek settleThnt the e%￿PI￿n rf bank lom% whkh are 5thequentty rntssur4d ai am￿11$•d ¢Mt U￿r￿theeff¢th irtere5t method. Gv*ral furth •re unrestfkted Vknkh ar• aYdlkbt• for use ai th• of the Tn&ees furtheran￿ of thegeneralobJe£ll¥es of th• c￿lIty4nd whkh h•¥e not been des(8nated forother purpose5. Dos4n*od fund5 ￿M￿lS* urwpstrthd fvnds th* bÈ¢n sèt by the Trustees for partkul•r p￿r￿m$.The alfft and use olexh desWfuMI15%et knthenrte5to thtfftnanrlal stthrnert £n￿ment fu￿ts arè expendabh fvnds whlch are held on trust to be retahed fcf thp benefit of the charhy as a ¢apEtsI fund. Any IM>m• #tnwatsd ts treated Is unre#rlcted fvnds. Arhy Ca￿taL 8alD5 OT 105se5 arlsl form part ofth•tfimd. Investfflent 1rKome,ptnsand1os￿ we4llttat¢dts t￿ •pprW•te fvrKI. Incomi from Unr•%trl(t•d fthidj T•l*l fvnds Totsl funds AlmshousesContrMons 29.432 2,721 32 25283 3.552 l Rttdpts Ini 31153 28A35 Tota12023 28A35 24835 P•p 10 NOTES TO THE FINANOAL STATEMENTS FOA TH£YEAR ENDED31 DE(EMOER2024 In¢om• T•t•l fvnth Tot•1 funds 2013 recehTab 3885 31 a,403 nklnterett r•cefvabl• 31 3￿16 JAJ6 3.461 Tot412023 3861 3A61 Unyutrlrtod fvnds Total 2024 Char*4ble ¥ctbAlles 14477 18,297 70ts12023 18.297 18397 P*thl•i Totsl lun Totsl funds Alnthouse5 Contributlons 11085 18,297 Ttxal 2023 16,1 L232 297 Pau• 11 NOTESTO THE FINANCIAL sfATEMENTS FOR THEYEARENDED3J DECEMBER 2024 AMlytholexpenthw•byadMlles{contlThRdl AMly*•f¢f•¢¢t¢g Totsi lund5 2023 CgntrfbuUoAy fwids fiatesjndwatsr 1129 3355 3.650 1238 146 Ughtand heat Rtpalrs and m•tnten•nc• 3AK12 Sm7 Upknep offfounds Sundryexpenses 761 512 747 IIC65 16M65 Tot•1 2023 16,065 16.065 Y*)tsl fvnds 2023 ClE￿￿[ary Independent eKamtnersfees L292 LJ82 1392 l(ts12023 2.232 P4e 12 NOTES TO THE FINANUAL sfATEMENTS FQR THE YEAR ENOED31 D£CEIA8ER2024 r¢thy•ar, noTrusteesf4cehedany r•murnratlonoroth•tbeneftts12023. £MIL). th¢yuf ended 31 Dtcembèr2024, noTr￿lIe eynses kn¥e beefv Int4N￿d(2023. £NIL). At i)an￿ry 2024 Additions At31 Deceff*¥ 2024 4￿7$9 At aiDecember2024 At31 Det•mbw2023 5J13 The Almshouw •re sltuated on the MalTh Street In They haw bem IrKWed at valu•llon of £705,LW •$ lued by Steph¢r￿n$ Esiatr A8ents oth 23rd December 202L alorfslde addl¢Fons of £14978 In 2022. £183,135 2023¥nd £5.646 In 2024tothe NOTESTO THE FINANCIALSTATEMENT5 FON IHE YEAR ENDED31 DECEMBER2024 At l January2024 Addmlons evaluatlons At31 De¢ember2024 At 31 D*tem￿r2O24 At 31 Dttember2023 2023 Tradedebtors prepa￿￿ents and x¢ruedlnc4me 823 737 I￿60 11 ￿￿1￿￿.AmWn1s lallwdu•wlllkn •n•)*•r 2023 75 ats and deferred incèn* 1.725 Pa8é 14 NOTESTO THE FINANaALsfATEMEKFS FI￿ TIIE YFAR EIIDED31 DECEM8ERX)24 •thDL*atJl ExlTaardlnary alrlund 5&714 Genw•l funds J9057 IW7Y) 57A64 9yn W771 1SJ161 91ffj759 Tot•l•lh& 35.669 3320 &02¥196 P•y 15 NOTESTO ThE FINANCIAL STATEMENTS FOR THEYEARENDED31 DÉCSMBER2024 Statsmlntof funth Imntlnuod) alince It l January nsle G•ln51 >1 Decerythr 2023 Expendnure E¥ir•ordlMry rep•lrlund 224A67 1183.1351 6J79 SL714 Generalfvnds 292 21893 1142971 39.857 253.718 32.296 1183,1351 6J79 91.571 Pmperty y2￿n 183.ts5 905.1 975.706 31296 IW297) 4979 The Endowm•nl fvnd ￿lateS to the VIK￿ of the ￿nd thu•ted al Ewkk vthh the Abiyhwes thereon known WeThlockAlmshou5e51sée note 81.Thttrdnsferlp bothYeo￿ are ID relthx to Jddltlonsrn•de to the pNpert* In X118. th• •ndowm*rt fvnd also Indirfled the kKome 5hare5