SEYMOUR FIELDHOUSE HOMES CIO
REGISTERED CHARITY 1196715
REPORT OF THE TRUSTEES FINANCIAL YEAR ENDED 31 DECEMBER 2024
The CIO continues to provide accommodation, within its endowed property situated in Wootten Wawen and consisting of five dwellings, to suitable residents of limited financial means. Residents are required to have previously resided in the area of benefit, namely the parishes of Wootten Wawen, Henley in Arden and Ullenhall for at least five years prior to the date of appointment.
Following one dwelling becoming vacant towards the end of 2023 the opportunity was taken to undertake a modernisation and redecoration programme of the property. The cost of the work was £25,590 and was the primary reason for the CIO incurring a deficit for 2024 of £17,832.61. The loss was funded from the CIO’s liquid funds.
As at 31 December, 2024 all properties were occupied.
Strategically, the trustees are also open to considering the acquisition of one or more additional properties within its area of benefit, utilising a combination of the CIO’s reserves and potentially borrowed money. At the date of the signing of these accounts no suitable properties had been identified.
Peter R Cornford FRICS Norman Gascoigne Trustee & Chairman Trustee & Treasurer
7 May 2025
Income & Expenditure SEYMOUR FIELDHOUSE HOMES CIO For the year ended 31 December 2024 Income ContributlQnsReceryed 24.100.00 Interestlncome 484.81 OtherRevenue 1200.ts) Gross Income 25.784.81 Administrative Costs BookKeeping Cleaning Counol tax 1.440. 324.00 271.80 Electricitychar¥es Gèrden wastepemitts Gardeningsefyrces In5uraFKÈ 5,111.80 184.th) 1.740. 951.98 ITSoftwarèandCMsumatAe5 T46.00 Repair5& MainteTraDtp 5ecretarialSerwces 29.426.19 2,240.00 275.(N) 5ubxriptior TV kncence 15.00 WaterChar8es TotalMmini5tribCosts 891. 43,617.42 SurpluslDefFCit 117.832. IrKomeaDd Ewdrtur sEYIIOURFIELDFUsE40$C PJgeloti
Balance Sheet SEYMOUR FIELDHOUSE HOMES CIO As at 31 December 2024 31DEC2fr24 Fixed Assets FurnistMng5aFNI Fre$ Properry TalTIng1bleA$Sets 35,624. 81.948.(L) 117A71Crf) I11f1%dAS$ets 117572. Curr•ntAssets Cashatbankand in hand MultiAsstt Fund 215,437.14 Seymour FieldhouseHomesCKI Seymour FieidhouseHOn¥ UfiiKorwated TotalC¥shatbankaThJ In hand 14,Y8.83 542.Y 230.YIB.51 TotalCurrortAssets 230mB.51 Creditors: amounts fallin kfountspayable Cyclical Maintenance ReseNe TotalCYeditor Jmountsf¥Wngdvewithino> due within o ear 296.42 21,463.23 11,759.65 NetCurrentAssets (Liabilities) 208.768.86 TotalAssets less Current knabilities 326J40.86 NetAssets 326340.86 itsl and Reserves Currentyear Earnw) 117,832.611 M&G revaluation 16.l28.69 Totsl Equty TotslCaphalandReseNes 32&044.78 326,340.86 83lanceSheet SEThOiIRFIELDH(WSETr#Y*SCIO 14W2025 PagÈiofi
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Sectlon A Indepondent Examiner's Report Report to the trusteesl members of SEYMOLIR FIELDHOUSE HCWE On accounts forthe year , 31 DECEMBER 2024 ended Charity no 1196715 Irf any) , Set out on pagès rrember to mdude the page nurrt)ets of addrtional sheets) I report to the trustees on my examination of the a¢counts of the above ¢hartty {'the Trusf) for the year ended 31 Responsibilitios and As the chanty trustees of the Trust, you are responsible for the preparation of basis of report the accounts in accordance wrth the requirements of the Charities Act 2011 (Ihe Act"). I report in respect of my examination of the Trusfs accourrts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Chanty Commission under section 145(5)Ib) of the Act. I have completed my examinats"on. I confimi that no material matters have Come to my attention in connection with the èxamination lch gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not aco)rd with the accounting records Independent examine$ statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper undetstanding of the accounts to be reached. Signed: | Date: Name: . Relevant professional qualification(s) or body ' Irf any): IER October 2018
Address: E¥ Section B Disclosure Only complete if the examiner needs to highlight matters of concern {see CC32, Independent examinab'on of charity accounts: directions and guidance for examiners). Give here brief detsils of any Items that the examiner wishes to disclose. IER October 2018