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2023-12-31-accounts

KING JAMES ALMSHOUSES KING JAMES ALMSHOUSES KING JAMES ALMSHOUSES Charity No
~~(if any)~~

1198062
CC17a

Annual accounts for the period
Period start date 1st January 2023 To Period end
date
31st December 2023
Section A Statement of financial activities
Recommended
categories by activity
Details of own
analysis
Note
Incoming resources (Note 3)
Incoming resources from
generated funds
Voluntary income
S01
Activities for generating funds
S02
Investment income
S03
Incoming resources from
charitable activities
S04
Other incoming resources
S05
S06
Resources expended (Notes 4-8)
Costs of Generating Funds
Costs of generating voluntary
income
S07
Fundraising trading costs
S08
Investment management costs
S09
Charitable activities
S10
Governance costs
S11
Other resources expended
S12
S13
S14
S15
S16
S17
S18
S19
S20
S21
Gains and losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward
Total resources expended
Net incoming/(outgoing) resources before
transfers
Gross transfers between funds
Net incoming/(outgoing) resources before
other recognised gains/(losses)
Other recognised gains/(losses)
Gains and losses on revaluation of fixed assets
for the charity’s own use
Total incoming resources
Unrestricted funds
Restricted
income
funds
Endowment
funds
Total this year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -

CC17a (Excel)

17/10/2024

1

Section B Balance sheet Restricted Unrnstri¢ted income Endowme￿ Total thts funds funds funds Totsl la$1 y•ar Fixed assets Tangible assets F01 F02 F03 F04 F05 (Note 9) Investments (Note 10) Total fixed assets Current assets Stock and work in progress Debtors {Note 11) (Short temil investments Cash at bank and In hand Total cuThent a￿&ts Creditors-. amounts falling due within one yèar {Noto 12) B10 Net Cu￿ent assets/{Ilabilities) 811 Total assets less current liabilides 812 Creditors: amounts falling due after one year {Note 12) B13 Provisions for liabilitles and charyes B14 Netassets B15 Funds of the Charity Unrestrictsd funds B16 B17 Restrlcted income fvnds IN4)te 13} Endowmenl funds (Nots 131 B18 B19 Total funds SigrEd by one ortsvo trustees ffi beha￿ of all natu Print Name Oate of ALAN JAMES 171hO¢t 2024 CC17a (Excell 1711012024

Section C Notes lo the accounts Note 1 Basis of preparation This sectlon should be completedbyall chaiirfes. 1.1 Bas1$ of accounting These accounts have been prepared on ts basis of histoiic cost {except that investments are shw at market value) in accordance wth". . Accounting and Rerrtjting by Charities- Statement of RecommerKled Prxtice (S¢)RP 2005); ' and wth. Accounb"ng St•dards.' Financial Re￿ts"n9 StaThlards for Smaller Enterprises {FRSSEI: or and wth the Charities Act. exce t for the foll¢)wn Give details in box rfa dlllerenf $landard has been followed. -Tiek as appropriate". rf all re￿want disd(6ur8s shTrwn in the path have bean gwen I￿n please IK-Accounting Standards" if dClosu￿S compl6ted acctjunts have been r851n"ct•d to Ihose requir8d by Ihe FRSSE. then pltrase tid( 'Financial R•po￿ng Standards for Smaller Enterpii5e5 IFRSSEI". . If no departures from th$ thosen slaThJards have teen male Ihan debte Ihese wwds." Ollwvtse give daiL8 of any thaThJes it) the boxes. 1.2 Change in basis of accounting There has been no change to tke accwnb.ng p)licies (valuation rules and ffÈtht)Js of accounting) since last year IS except for the followngi. Give detsils In thls box olanymaten'al changes that have boen made. S If no tharKJes have been made to accounbryj policae5 Ilw delètè Ihes• 1.3 Changos to previous acc(wnts No changes have been made lo accounts for pre￿oU$ years (55 except for the followng). Glve detaits in this Ix>x of any matwi changes that have madg. 59 If no th￿es have been m to accounts for p￿￿Ou5 perK%ls Ihen ¢￿ete these Awds. CC17a IExcell 17110r2024

KING JAMES ALMSHOUSES

TRUSTEES REPORT

31ST DECEMBER 2023

King James Almshouses, a Charitable Incorporated Organisation, (registered charity 1198062) was appointed Sole Trustee of The Hospital of King James in Gateshead, an unincorporated charity with similar objectives (registered number 229942) on 5[th] October 2023. King James Almshouses owns no assets.

The trustees meet at least 4 times per year and take responsibility for the management of The Hospital of King James in Gateshead. New trustees receive copies of recent minutes, accounts and copies of the constitution of both charities. New trustees also receive a tour of the Almshouse and are encouraged to consult “Standards of Almshouse Management” which is available to members of the Almshouse Association.