REGISTERED CHARITY NUMBER 1201510
The Charity of Thomas Holroyd
Trustees Annual Report and Receipts & Payments Accounts For the Year Ended 30 September 2025
| Contents | Pages |
|---|---|
| Trustees Annual Report | 1-5 |
| Independent Examiners Report | 6 |
| Receipts & Payments Accounts | 7 |
| Statement of Assets & Liabilities | 8 |
| Notes to the Accounts | 9 |
Trustees' Annual Report for the period
Period start date Period end date
From 01 October 2024 To 30 September 2025
Section A Reference and administration details
Charity name Charity of Thomas Holroyd Other names charity is known by
Registered charity number (if any) 1201510
Charity's principal address 1 Rectory Gardens Emley Huddersfield Postcode HD8 9RD
Names of the charity trustees who manage the charity
| 1 2 3 4 |
Trustee name George McCombe Sandra Coulthard Debra Adams Louise Flynn |
Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Chair | ||||
| Trustee | ||||
| Treasurer | ||||
| Secretary |
Names of the trustees for the charity, if any, (for example, any custodian trustees)
| Name N/A |
Dates acted if not for whole year |
|---|---|
Names and addresses of advisers (Optional information)
| Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) | Names and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| Bank | Lloyds Bank | 98 Victoria Street, London SW1E 5JL |
| Bank | Lloyds Bank | 1 Westgate, Huddersfield HD1 2DN |
| Bank | Charity Bank | Fosse House, 182 High Street, Tonbridge TN9 1BE |
| General | Almshouses Association | Leonard Hackett House, 17-21 Victoria Street, Windsor SL4 1HE |
| Housing | Connect Housing | 21 Bond Street, Dewsbury WF13 1AX |
| Maintenance | Geckops Ltd | 291 Wakefield Rd, Lepton, Huddersfield HD8 0EL |
| Legal | Wrigley’s Solicitors LLP | 3 Wellington Place, Leeds LS1 4AP |
| Name of chief executive or names of senior staff members (Optional information) | ||
| N/A |
1
Section B Structure, governance and management
Description of the charity’s trusts
Type of governing Constitution dated 6 January 2023 document How the charity is Charitable Incorporated Organisation (CIO) constituted A new trustee may be appointed by resolution at any properly convened meeting Trustee selection methods of the charity trustees. Terms run to the next annual meeting where trustees may be reappointed. Trustees are appointed for a term of 3 years and are eligible for reappointment for a maximum of three consecutive terms. A new appointment begins only after the minute book has been signed with a declaration of acceptance and willingness to be appointed as a trustee. Trustees are selected with regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Additional governance issues (Optional information)
The CIO is linked to charity number 1201510-1 (Charity of Thomas Holroyd), You may choose to which was the original, unincorporated charity. The assets of the unincorporated include additional charity were transferred to the new CIO effective 30 June 2024. The CIO is the information, where sole, corporate trustee of the linked charity. relevant, about: policies and The trustees have implemented the following policies: procedures adopted for Antisocial Behaviour, Complaints, Conflict of Interest, Data Protection, Equality & the induction and Diversity, Financial procedures, Health & Safety, Investment, Payment of Staff, Reserves, Risk Management, Safeguarding, Trustee Induction and Volunteers. training of trustees; These are reviewed annually at the annual trustees meeting. the charity’s organisational structure The Charity is a member of the Almshouses Association. and any wider network with which the charity Connect Housing Association provide support with collection of weekly works; contributions and property management matters. relationship with any Geckops provide property maintenance advice and solutions. related parties; trustees’ consideration The trustees consider the greatest risks to the Charity are financial viability of major risks and the following loss of weekly maintenance contributions and finding trustees for the system and procedures future. To address these risks, the trustees recognise the need to maintain, to manage them. wherever possible, free reserves of £15,000 to allow the charity to operate for 12 months without income.
2
Section C Objectives and activities
Summary of the The objects of the CIO for the public benefit are the relief of poverty and financial objects of the charity hardship of persons in Huddersfield, in particular but not exclusively, by the set out in its governing provision of almshouses and keeping the almshouses well maintained and in document good repair. Summary of the main In planning our activities for the year, trustees kept in mind the Charity activities undertaken Commission’s guidance on public benefit at trustee meetings. for the public benefit in relation to these Our activities centre around the provision and maintenance of four almshouses objects (include within for those in need. This enables the charity to provide affordable housing for this section the those with low income or experiencing financial hardship. statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)
Additional details of objectives and activities (Optional information)
You may choose to The Charity does not make grants. include further statements, where The Charity maintains both Extraordinary Repair and Cyclical Maintenance relevant, about: funds which are funded by the weekly contributions made by the beneficiaries. policy on Other than the trustees, the charity does not engage volunteers. The voluntary grantmaking; contribution made by the trustees enables the charity to meet its charitable policy programme purpose and ensure this provision continues into the future. Without the time related investment; and energy the trustees give, the charity would not have been able to undertake the measure of improvements required.
- contribution made by volunteers.
Section D Achievements and performance
The four cottages have been fully occupied throughout the year.
Summary of the main achievements of the Following a stock condition survey in 2022 commissioned by the unincorporated charity during the year charity, the charity embarked on a number of projects to improve the condition of the properties. Extensive damp works continued, including internal damp proof courses, installation of extraction fans, external weatherproof coating to walls and redecoration as required. This work was completed in November 2024.
A boiler replacement to one of the properties was necessary in addition to other maintenance and repair work.
3
Section E Financial review
| Section E | Financial review |
|---|---|
| Brief statement of the charity’s policy on reserves Details of any funds materially in deficit |
The Charity has adopted a reserves policy and recognises the need to have sufficient funds in reserve readily available as, or convertible into cash to cover day to day expenditure, especially in the event that there is a reduction in Weekly Maintenance Contribution income following the departure of beneficiaries pending new beneficiaries being appointed. In order to mitigate this risk, the Trustees have calculated that free reserves of £15,000 would be needed to allow the charity to operate for at least 12 months without income from WMC. An Extraordinary Repair Fund is kept for those large repairs, for example window replacement, which occur intermittently during the life of a property. A Cyclical Maintenance Fund exists for maintenance which requires review biennially, every three years or every five years. |
| The reserve fund (Extraordinary Repair Fund for the purpose of providing for the extraordinary repair, improvement or rebuilding of the almshouses) has been depleted with the recent cost due to extensive repairs to the buildings. The trustees are committed to replenishing this fund with annual transfers over the coming years to fund future large maintenance or repair projects. |
Further financial review details (Optional information)
| Youmay choose to include additional information, where relevant about: the charity’s principal sources of funds (including any fundraising); how expenditure has supported the key objectives of the charity; investment policy and objectives including any ethical investment policy adopted. |
The four cottages located at 5-8 Birkby Fold, Huddersfield (the almshouses) are the main source of income for the charity. The beneficiaries make a weekly contribution which primarily funds maintenance costs. Repair costs this year included final payments for the damp works which supports the key objective of maintaining the almshouses and keeping them in good repair. This year also included the final legal fees of £1600 relating to the incorporation of the charity, which will ensure the charity structure is robust for the future. The Charity recognises the need for investment income to meet any excess of costs over income and has resolved to maintain reserves to generate such income. The funds set aside for the Extraordinary Repair and Cyclical Maintenance Funds are maintained in investments (when appropriate) to help cover any excesses. Having depleted these funds with the remedial works undertaken this year, the trustees are committed to replenishing these through annual transfers. Costs relating to extraordinary repair that exceeded the funds available within the Extraordinary Repair Fund were met from general reserves. The Charity has adopted an Investment Policy. The overall investment objective is to produce best financial return with an acceptable level of risk. For this reason, the Charity utilised fixed term deposits to increase returns with minimal risk. The Investment Policy includes ethical guidelines and The Charity of Thomas Holroyd will, to the best of their abilities and knowledge, not invest in: the tobacco industry, armaments, gambling, pornography, environmentally polluting enterprises or those that do not encourage equality and diversity. Trustees are able to claim for expenses. However, no expenses were claimed or paid to trustees during the year. Trustees have individually chosen not to claim for low cost items such as office consumables during the financial year. The charity reimbursed a total of £70 of additional costs incurred by a beneficiary as a result of a boiler replacement. |
|---|---|
4
Section F Other optional information Effective from 30 June 2024, the Charty cMiSsion issued a scheme lch discharged them from their trusteeship of the land siknAted at 5.6,7 & 8 Birkby Fold. Huddersfield. The title to the land was transfeed and vested by the s¢heme in the CIO as sole corporate trustee to be held on trust as functional permanent endowment for ts obj.ects speafied. Any sums held on trust in investrnents to W0ve an income have had restrictions lifted by the Charity Commission. Section G Declaration The trustees decla that they have approved the trustees, report above. Slgned on bohalf of the charlty's trustees Slgnaturn(s) Full name(81 Po•ltlon (og Soeretary. Chalr. otc> S ANoa A Szvsi
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the truste member5 of The Charity of Thomas Holroyd On accounts for the year ended 30 September 2025 Charfty no Irf any) 1201510 Set out on pages I report to the trustees on my examination of the accounts of the above charrty Trust.) for the year ended 3010912024. Responsibilitles and As the charity trustees of the Trust. you are responsiNe for the preparation basls of report of the accounts in accordance wtlh the requirwnents of the Chartties Act 2011 fthe Acr). I report in SpeCt of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission urKler section 14515)(b) of the Act. I have completed my examination. I confirm that no material matters have come to my att8ntion in connection with the examinats'on which 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 accord wrth the accounting records Independent examinerfs statsm•nt I have no concems and have come acmss no other matters in connection wrth the examination to which attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Slgned: l) Si £44.ZZ Name: Barry Simmons Relevant professional qualifi&ilion(s) or body Irf any): Address.. 13 Myrtle Road Golcar Huddersfield HD7 4EF
CHARITY (OMMIS510N FOR ENGLAND AND WALES 1a)1610 Recei tsand ments accounts CC16a Forthe period 01Qtl-24 To Section A Receipts and payments Unrestricted Restricted lunds Endowment fundo Total fund8 LaBt yoar A1 RK•lpts eank mteregt 11• IConn8ct} Non WMC (Cr ItTU Sub lolal(GnJss inwme forARJ 17 A2 A••t•nd in¥g•lrn•nt•al••. 1&317 IAJ17 17.482 27$ 276 287 Mana nt fed# 783 743 n•ouB otherc4X 10D Sub to Sub lo(al 29,183 Net of r•celplrfpaym¢iits) -14.107 -14,10T 11.721 A6 Ca•h fund# lasty•ar•nd 49 37. 23,673
Section B Statement of assets and liabilities at the end of the period Endowment funds fund6 B1 Cash funds 3J70 7.703 Totalcash ftv 23,573 Endowm•nt fund8 to n•ami£ fund• funds etails NOI 82 Other mon•tsry ass•ts to wbkh Current IB.9tt1 29,7Tg Fufvd D•tslJx 5 Ftthl, H02 2BN 6 F<4 H02 28N 7 B¥kby F, H$fikt HD2 28N B F(4J. 3•1£fi•1d HD2 2BN B4 Ats rotin•d for tho charlty'8 own u Details BS Uabllld•8 $19ned by om or on t4hdl f •ii th• w•t••• SKJnatsw• Print Nwne Date of approval 26
CHARITY OF THOMAS HOLROYD
NOTES TO THE ACCOUNTS
Period: 01 October 2024
to 30 September 2025
These accounts have been prepared under the receipts and payments basis.
The Trustees confirm that the accounts comply with the appropriate legal requirements – that is, that the gross recorded income from all sources did not exceed £250,000 and that the charity is a CIO and not a company incorporated under the Companies Acts.
The Trustees’ Annual Report has been prepared to comply (on a voluntary basis and as far as possible) with the requirements of the FRS 102 SORP applicable to larger charities.
To comply with the Charitable Incorporated Organisations (General) Regulations 2012, the Trustees confirm that:
-
a) No guarantees have been given by the CIO (and therefore no potential liability is outstanding at the date of the statement of assets and liabilities); and
-
b) The CIO has no debts secured by any express charge on any assets of the CIO (and therefore no outstanding debts secured by any charge on its assets at the date of the statement of assets and liabilities).
Trustees receive no remuneration, and no expenses were claimed during the period. Individual Trustees chose to waive costs for administrative consumables such as stamps, paper and printer ink and the minimal travel costs associated with the role.
The CIO is linked to the original unincorporated charity of the same name under number 1201510-1. The assets of the unincorporated charity were transferred to the CIO by means of a cy pres and administrative scheme effective 30 June 2024. Under the scheme, any restricted funds held in investments were released,
9