THE KENDAL CHARITY FOR THE AGED & INFIRM
Rtyiittrtd Cb*rity No 1185634
ANNUAL REPORT 1st DECEMBER 2023_ 30th NOVEMBER 2024
OFFICERsrrRUSTEES:
The Charity ts run by 8 Trustees who WO￿ on a voluntary basis."
Chairperson and Truste¢- MTS Ann Nelson
Honorary Treasurer gnd Trust¢e - Existing Trustee, Mr John G Stewart was
appointed Tieasurer at the AGM, held on 15th Febnjary 2024, following the
resignation, due to ill healtty of David H Salisbury.
Honorary Secretary and Truslee - Mrs Marilyn Waiting {Te-¢l¢ct¢d 15th February
2024)
Honorary Solititor - Mr John Cooke
Trust¢e5: Mr P￿lip Bal
Mr Alan Reed
Mr GaTry S W<llting
Miss Susan Mitchell {appoint¢d 15th February 2024)
Mr Richard Pealing (appointed 15th May 2024)
CoDfliet of Interest: The Trustees comply with the Conflict of Interest poli¢y set up
in line with the Almshouse Association guid¢lin¢s.
The Charity is a meml*r of the National Ass(Jciation of Almshouses.
AIMS-
The Chatity provides almshouses in 45, purpos¢ built. I bedroom flats and
bungalows. in KendaE. foi the elderly or infirrn.
The Kendal Charity for the Aged and Infirm. originally named 'The Mayor of
Kcndal's Fund for the Aged and Infiml,, a Charitable Incorporated Organisatioo the
constitution dated 1st May 2018 s¢ts out the objectives of the Charity which are'.-
l ) The allocatKon of Altnshouses for qualtying persons. being poor. aged or infimi
persons who ate inhabitants of the area of benefit i.e. Kendal.
2) Such other charitable purposes beneficial to qualifying persons &s th¢ Charity
Trt￿tees think frt from tim¢ to tRm¢.
OCCuP￿RS.
All occupiers must live llxlependently. Thc Trustees make regular welfare visits to
heck on the wellbcing and needs of occupiers and immediately catry out any
improvements that may be required.

SAFEGUARDING:
A safeguarding policy has been implem¢nted in line with the Almshouse Associatson
guidelines.
OCCUPIERS CONTRIBUTION:
Due to a large operating deficit in 2022-23 it was d￿ld¢d that the Monthty
Maintenance Contribution (MMC). paid by existing occupier4 should bc increased
from £150 to £190 per calendar month with effect from l# June 2024 with new
occupiers paying £300 per month. The MMC is reviewed ar￿UallY at the AG
The Charity pays for the maintenance of the prop¢rti¢s. water rate4 television licences
(whete applicable) and communal garden maintenance.
VACANCIES:
Vacant almshouses ar¢ advertised on the website, social media and with local
organisations. Applicants who must be aged over 60 and liv¢ p¢nnanently in Kendal
are required to complete a d¢tail¢d application forni and provtde references. All
applications are considered by the Trustees and a short list of candidates are
interviewed by two Trustecs b¢fore a final decision is made.
There have been no vacancies this year.
PROPERTY CONDITIONIMAINTENANCE .
This year all th¢ properties were surveyed and quinquennial reports prepared. All th¢
Properties are in good condition except one which would benefit from some
upgradin& however the occupier declined the offei for work to be CWTied out at
PT¢s¢nt.
Gas.'- Carbon monoxide alarnis are provided at all properties with a gas supply.
Landlord checks and ge￿ICIng are carried out on an annual basis by local contractors.
Electricity.. 5 yearly checks and upgrading, where required. was completed duting the
year.
Fire Risk.. All the properties h2ve firelsmoke alatms fitted. The Trustees have a rota to
carry out a w¢¢kly fire alam test at each block of flats. A maintenance check is
carried out 6 monthly in tlats and annually in bungalows.
Legionella Risk: The properties have the water supply and temperatur¢s checked on a
regular basis. Owupants are reminded of thc need to nm taps and showers regularly
to Prevent the risk of infection.
If an occupant is experiencing difficulties ma￿a￿ng in their home e.g. due to lack of
mobility, the Charity works alongside healthcare piofessionals to carry out any
improvements required. at the Charity's expense.
A system is in place which allows occupiers to report any repairlmaintenance that is
required to a Tn￿tee who will arrange for any necessary work to b¢ Carried out, as
soon as possible, by local contractors. The contractors have also agreed call out
arrangements for emergencies outside nonnal office hours.
In an emergency the occupiers are allowed to call out the contractor themselv¢s.

COMPLAINfs: We hav¢ received no fomial compKaints d￿llng the year. Details of
the complaint procedure is COV¢Ted in the Residcnts Handbook. a copy of which is
given to each occupier.
INVESTMENT POLICY: A Nomin¢¢ Company wlth Brewin Dolphm adminis*rs
the stocks and shares on behalf of the Charity. The Trustees choose a low to moderate
risk for thc inve5ttnents. Following advice it was decided that to secure the long terni
financial h¢alth of th¢ Charity the risk level should be increased from S to 6 to meet
the required returns in the future i.e. 2 % plus infiation and fees.
FINANCLIL REVIEW: The Charity relies on the income received from its residents
and is reliant on its investment income to subsidis¢ the Cost of mainkn'ning the
properties. Detsils can bc s¢en in the Accounts and Financial Statements.
CHARLESTENNANT HOUSE TRUST (CTHT) CbarltyNo 222170: The
running and maintenance of the 4 flats at Tennant House. Bellingham Road continues
to be carried out by the Trustees of CTHT who are also Trust¢¢s of KCAI. Th¢
amalgamation of CTHT and KCAI is currently being finalised with the Charity
CommissiotL When this is complete CTHT will be fully Integrated with KCAI.

THE KENDAL CHARITY FOR THE AGED AND INFIRM
CHARITY NUMBER 1185634
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

THE KENDAL CHARITY FOR THE AGEDAND INFIRM
CHARITY NUMBER 1185634
BALANCE SHEET
AS AT30 NOVEMBER 2024
2024
2023
Notes
Flxed assots
Tangible assets
Investrnenls
430,345
1,629.525
430,345
1.428,139
Current 488ets
Cash at bank and in hand
2.059,870
1,858,484
81,678
44,478
Net ¢urr•nt xfy•ts
81.678
44.478
Total ass•ts lou curr•nl Ilabllltlos
2,141.548
1.902,962
ReValUa￿on reserve
Accumulated in￿the fund
212,367
1,929,181
37.958
1,865,004
2,141,548
1,902,962
The finanaal statements were approved by thè trusteos and slgned on their behalf, 3&J
M Wailing ¢>￿
G S Wallin

THE KENDAL CHARITY FOR THE AGED AND INFIRM
CHARITY NUMBER 1185634
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
T•ngiblo Ilxod •860ts
Land and
bulldlngs
Fre•hold
Cost or valuatlon
At 1 December 2023 & at 30 N¢)vomber 2024
430,345
Depr•¢lallon
At 1 DKember 2023 & at 30 November 2024
Net book value
At 30 Novembor 2024
430.345
At 30 November 2￿3
430,345
Flxed asset Investments- managod
Usted
Investmgnts
Markèt valuatlon
Al 1 D¥ember 2023
Addibons
Disposals
1.428.139
881,749
(680,363)
AI 30 Novembgr 2024
Cost £1,390,181
1.e29,525
Statement of movements on reserves
R¢valuatlon Accumulatsd
re•etv• Incomo Fund
Balance at 1 December 2023
Surplus for the year
Other nb)vement
37,958
1,865,004
64.177
174,409
Balan¢6 at 30 November 2024
212,367
1,929,181

THE KENDAL CHARITY FOR THE AGED AND INFIRM
CHARITY NUMBER 1185634
DETAILED REVENUEACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2024
2024
2023
In¢omo from re$Klents
Dc￿allOn
91,725
71,675
91.725
72,011
Admlnlstratlve expens•s
Treasur9￿$ expenses
Secretary's expenses
Water
Propty insurance
Officers Insurance
Li￿1 and heat
RepairyJ and maintenar￿e
Garden malntenance
Slallonery and advertlslng
Television Il¢en¢e$
Residents paty
SuNey fè8S
Investment management fee$
3.500
3.500
11.115
20,283
862
2,119
133.530
4,094
275
6.360
518
1,120
9,875
2,442
118
1,000
592
12,727
15,837
905
1,049
34,268
S,913
254
6,930
448
10.252
2.610
108
1.000
Bank charges
Donation8
Sthsuiptions
{103,744)
(201,303)
Op•rating deficlt
(12,019)
(129.292)
Other Incom?
Bank Interest r￿1ve{l
Managed investment inwmg
Net realised gain on sale of investments
Unrealised loss on Investment valuati¢
421
42,857
32,918
174.409
164
37.731
15.198
(15,756)
250.605
37.337
Net surplusl{defititl for tho y￿r
238,586
(91,955)
Trdnsfor from valuatlon roservo
{174.409}
15,887
R•talned deficlvsurplus
64.177
(76.066)

The Kendal Charity for the Aged and Infirm
Financial Statements
for the year ended 30 November 2024

CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report on the
accounts
Section A
Independent Examiner's Report
Raport to the trusteesl
members of
The Kendal Charity for the Aged and Infirm
On accounts for thè year
ended
30 November 2024
Charfiy no
(if any)
1185634
Set out on pages
I report to the trustees on my examination of the accounls of the above
charity (kne Trust.) for the period ended 3011112024.
Responslbllltles and
basis of report
As the charity's trustees. you are responsible for the preparation of the
accounts in accordan￿ with the requirements of the Charrties Act 2011
(Yhe A¢r).
I r8port in respect of my examination of the Twst's accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I
have followed all the applicable Dir8Ctlons given by the Charity Commissi¢)n
under section 145151(b) of the Act.
Independent I have completed my examination. I confimi Ihat rko material matters have
examiner's statement Come to my attention in connection with the examination which gives me
cause to believe that in. any material respect..
the accounting records were not kept in accordan￿ with section 130
of the Charities Act,. or
the accounts did not accord with the accountlng records.. or
the a¢¢ounts did not comply with the applicable requirements
conceming the form and content of accounts set out in the Charities
(Ac¢ounts and Reporls) Regulations 2008 other than any requirement
that the accounts give a Irue and fair, view which is not a matter
considerèd as part of an independent examination.
I have no concems and have come across no other matters in connection
with the examination to which attention should be drawn in this report to
enable a proper understanding of the accounts to be reached.
Slgned:
Date".
Name:
Christopher Brown
Relevant professional
qua16fl¢atlon(s> or body
(If anyl:
ICAEW
IER
Oct 2018

Address:
Brown & Co, Libra House, Murley Moss Business Village
Kendal
LA9 7RL
Section B
Disclosure
Only complete if the examiner needs to highlight material matters of concern
(see CC32, Independent examination of charity a¢counts'. directions and
guidance for examiners).
Glve here brief details of
any Items that the
examlner wishes to
dlsclose.
IER
Oct 2018

CHARln COMMISSIO
FOR ENGLAND AND WALE
The Kend61 eharlly for the A98d & Infirm
No lif anyl
Receipts and payments accounts
CC16a
For th• poriod
from
01.'12,'20I3
30'11.202a
To
Section A Receipts and payments
Unrestrfcted
funds
¢0 thg no•mt
Restrtct•d
funds
Endowmènt
fund8
Totsl funds
Last year
t¢*tP• rwroStE
to the neareJt£
tothe noar•st É
toth8 now•st£
A1 R•c•ipts
91,725
10,70CI
91,n6
71,675
37.161
336
OM(Èndsand intèrest
DJnabon
Sub total(Gmss income lor
AR)
A2 Asset and Invojtment $#l•s,
Is•• tablo).
131426
131425
IIA1n
sae ofinvestments
882,Y2
882,942
543.309
Sub total
815.366
114386
ents
Rate5. insurantè, rep8irn aThJ TV Uctn
79.223
10.¥
180.B48
Tw$teeeywse¥
stati(￿*, 8dv*ts and Indemnity
InveStr￿t rnanag2pneni fees
Attountarey
10,5
1.159
111252
1610
10,252
2.610
1,175
Sub total
103.743
103.743
A4 A8$•t ond Investment
ur¢h•8eg, {stt tabl•l
p￿aSe of investments
674,422
674,422
674422
14422
53lfj68
Sub total
778.165
m.i66
733.971
Net of rncelpts/(paymeiits)
6 Trnn¥lers between funds
A6 Cash fund$ la$t year end
Cosh funds this year end
37.202
37.202
81Ng0
44.477
81,679
44A77
81.879
125,967
44,4TI
CCXX R1 accounts ISSI
281031202S

Section B Statement of assets and liabilities at the end of the period
Unrestric¢ed
fundj
to neare¥t£
Restrfcted
funds
tortarest É
Endowm•nt
fund¥
nearo•¢£
Categories
Details
81 Ca¥h funds
Bank
64.139
knveslrrent m*aaerg
17.540
Total cash funds
81.679
*lgll
(Inr•strlcted
funds
Rètstri¢tsd
fitnds
ErMlowm•nt
fund¥
Dètalls
Fund towhlch
Curr•rrt valu2
lonTrJ
1,621S22
Details
Co•tloFllonall
1A34.OJI
B3 Inve8tment a880t8
Unrostrfcted
Fund tOWh￿h
asset b8lon
Cwwnt V41ue
DÈtalls
Cost lopuonall
B4 A8s0ts rfrtalned ft>r tho
harity'¥ own use
Fund towhlch
r•lates
Amourtd
onal
When
lonal
Details
no
BS Liabilities
&9ned by one or hvo trust¥6 on
beha￿ of all the trustees
Datè of
v81
I*L
Slgnature
Prlnt Name
rtiftrt)
CCXX R2 awounts ISSI
2PJ0312025