REGI 8ER.. 120 FOR THE PERIOD NDEO 5 NOVEMBE ,ouglass range South Lakes Limited chartered accountants
Wothnz ftamè and Lty)Batsffrfs Ch•ilty Chailty rwmber 12(69J9 Hl8h Benthwrn nf Lancas LA2 7JZ Mf. GSln¢lalr lthatr) ML L R.Wood Mr.T. S. Marshall Ms. l. Noble Mr& C.Jennkn8S MNC. Woof D. ArmstrQn8 J. SmSth can. P.GmrthYx>d Mr. T. Wllls Ms. P n.JulAld 27th Nowmber2024 Secretsry & L Greenep Ind•pendentEMmlners l)ouBFaw (South LaPsl Umlttd th¥rtÈred ACCnIants Meadowbank Hou5¢ Meadowbank Buslnoss Park Shap Fad. Kendal 8anhE Natlonal Westmlnjter Ban Pl¢ 55 Maln Street Klrkby Lonsdale L•no5hlre LA6 2WY
COLUNGWOODAND LONGSTAFFE'S CHARirY TRUSTEES. ANNUAL REPORT FOR THE PURPO E OF ION 45 F THE ARITIES Acr The trustees of ihe charity presentthelr annual report on the affairs of the busine5S, toeether with the accounts for the period ended 5 November 2025. The trustees have adopt the provisions of the Ststement Of Recommended Practice150RPI -AcEounttng and Reporting by Charr(le< 1$5ued in March 2O)S in preporing the annual report and financl31 statemerts of the £harity. Charity name The full narne of the ¢hadty Is CollinBwood and Lon8Staffe'5 Charity, registered charity number 1205919. StraUVeI0¥ernanre and managernent The origin31 chaTity was governed by Its trust deed which vjas created on 6 November 1967. On 27, November 2023. the charity incorporated to become a Charitable InCorpoted Orn1$3t10n ICIOI and is nDw8ovemed by an updaterf trust deed. All of the tru5tee5 named on page I served throughout the year or as Irom 1he stated dète of appointment. There 15 no requirement within the Ukwjated tfust deed to have Nominative trustee5 therefo all tru5tee5 a now Co-optive 3nd are appointed by twstees for a temi of five years after whl¢h they may putthemsefve5 Iowdrd for rtrappolntment. Rtsk management The fwAees h3ve overall responslb611ty for ensurlng thai the charlty has appropriate 5y5tetns of contrD15. finanaal and otherwise. The systems of financi&l controls are desiened to provlde reasonable, but not absolute assurance a8alnst materi31 rni54tsternent of Ioss. They include an annual budget. approved by the trustees and re6ular feview of actual result5 and variances from bud8¢t. The trustees will continue to monitor risks 2nd set up policles to rnitrgate them. The buildings are Cered wider a block insurance policy and all residents hold contents insurance cover. Objecli¥e5 and •rtfvltle5 When planning attivities for the year. the tfU5tees have con5tdeied ihe cornmlsslon's guidance on publlc beneflt and. in partlcular. the specific guldan¢e on tharilles for the preveniion or rellef of poverty. The charit¢5 piinclpal objectives a... PROVISION OF ALMSHOUSES FOR POOR PERSONS WHO ARE RESIDENT IN THE PARISH OF BENTHAM AND CLOSE CONNE10Ns OFTHOSE RESIDENT INTHE PAR15H OF BENTHAM. There were no changes in the year ID the poliae5 adopted by the ehartty bn order to further its obieuwes. Publ1¢ benefit The trustee5 tonfimi they Iiave Complied with the requirements of seclion 4 of the Charilie5 Act 2011 to have due regard to the publlc benefrtguidance published by the Charity Commission for En8land aNJ Wales. Achiev&ments and performart No fvrther work has been undertaken durinK the period on replacing kitrhens. bathrooms or heatln8 systems. Work on the three remaini properties concerned will be undertaken as vacancles arise. A webslte has been commissloned is now live I , the main pwpose besng a place to upload policy documents on a password proteed 'gack office, pa8e meaning Trustees have access to
current docurnent5 at all times. Thrs will be rolled OLrt to include a similar pagE for Re5rdent5 pa8e wtth pa55word protection. All resident5 receive a printed copy of the current Residents H3ndbook when they move inlo a property, the website will hohd an updated copy that can be referred to at zny time along with any oiher documents relevant to them. Investment pollty and Rser¥e$ The charity holds investhients in M&G Charity Multi Asset Fund Accumulation #nd Inwme Sha$ and a Nalwest Savings AccounL The decision was taken durin8 the year to trnnsfer the fvnds previously held in the National savings Investments account to the Natwesl Savin8sAecount. These fLtnds are in Ilne wSth the MshSe policy. At the period end the value of these was E143,465.53 the free reseNes hèld In cash funds Is consldered to be adequate t¢ meet unforeseen expenditure and loss of In¢orne due to periods of rancies. At the period end the bank bala*cew3s Ell,SlS.66. Flnanciol revlew Total recelpts on unTestricted funds were £40,015.56 L>f whlch £549.19 was Investment Income. Durin8 the year Nil wa5 spent on c3Pital improvernents. Ouring the period. £5.250 was tr8n51erred Inro the M&G Multi Asset Fund (Extraordinary Repai Furbdl and £5,250 into ihe Natwest S3ving5 3CCOUnt (Cyclical MaintenaDre Fund). £6.935.18 wa5 spÉnt on general repairs and Maintenan wlth É1,342.50 being spent on gardenuig and path gritlin8. Trustees. Aespon51billties The trustse5 are requtred to prepare accounts for each flnandal yearwhich give a true and falr view of the stste of affairs of the company as at the erwg of the financial year and ofthe surplus or deflclt of the company forthatyear. In yep8rinB those a£counts the tfUStee5 are required to.-- al Select suitable accounting policies and then apply them consIstent, bl Make judgements and estimate5 thatare reasonable and prudent, cl Follow applicable accountlll8 Standards, subject to any materizl departures di5dosed and explained in the attounts,. dl Prepare the financial 5tatement5 on the going cotKem basis unless it is inappropriate to pSUMe thal Ihls ba515 applies. The trustees are re5PDnsible for mainiainlng proper accountln8 records whl¢h disclose wlth reasonable accuracy at any ttme. the linancial position olthe ttjmpany and enable them io ensure that the accounts comply with all relevant le8islation. They a also responsible for safe8uaidinE the assÈts of the company and herKe for takin8s reasonable step5 for the prevention and detertion of fiaud and otheT rre8ulafltle5. Approved bythe Executlve Committee Mr G. Sinclair A503.2&
I report to the trustees on ry •L4nnlIan of th• accwnts of Colllnrwd and Lon8siaff&s chrfty for th• perknd ended 5 Nfftmber 2025. wNth are59tLop pw 5t0 7. IlyJnslbmts# •Thl b•th aer•port As the tharftytrust•eswJu •re re4n$e10rthe Wep1110n ofthe accounts Inactordancewlthth• rnqu1m¢Thts of the Ch•rlttesArt 2011lhÈ ACVI. I report respect of my exarnlnatlon of the Trusteés acc47untscarded vjt undèrsectlon 145 of thè 21 Actand In cairyrfng otst my examlnatl(ffi I folloYd all the appll¢abl• Dlrecbcffj5 Shpn by the Charlty Commisskni under sertlon 14515Xb)of the 2011A¢L I cornpleted nryexynlnatlorn I confirmthot no mat•rt•l m•tttts hw• ¢ome to my attentlon In toftnethion th the omrrf me cwseto bole¥•thatln ary m•t•rfal respert: 11) acMtIn&1eds wer¢ not keptkn re5pett Otthe Tru51 as requlred bysectlm 130of the. or 121 th?4)ur do notaCcO wlth recort. or I no ¢oncernts and hwe ¢orne ary05S Th) other bn connqcllon wlth the examinthl tOfthlthattertlon should bedn In thts rèport In ordertoenat4e a proper undetstanthngof theKwurts to be reac. Dwlass Grary thartered A¢countsnts kladtr•thnk Howe Nladty•thnk Buthe95 Park Shap Road Kendal Mlclwl Ben M
2025 2024 12 7 144ts1$ 16 21 39616 1) 655 400 655 400 278 70TALRECEIP15 40 71 1.752 2230 IA02 6.935 597 7Jll IB 1.752 1230 IA)2 6.935 597 1,762 730 4269 3n 4.667 Jwrn Ithffrsd fjeneld m81nt•l¢O ckntr& Vkt Chiir E¥prn% Gvd• M•nr¥w JMIA51¢tl¢o9jbs 18 1,343 491 491 9CQ 1859 333 ndries TW5teestrUtsIc• CV) Wstr•licnC(%ts TOTALPAYME14TS 1fi59 333 136 333 952 24 16 5.250 52SO 5250 53SO 2fi25 Cyditd Mankn W. fr6&1 Extr•y¢At)wy Wr Fl. M&6 mulrf 15750 75 ExwScllPvfjntr w P4¥YptsVfteteipts ¢ 51 51 ij 12J20 B£•Calh knd¥. N¥XtCurMt iU20 605 CP1 bdwce hts&l 33?35 5250 39241 656 arebn[eI# R•su¥è 51 Note.. the2024 c0TrWardte fl8ures only InchetranSac1I(trorn 01 Awll 2024t¢ 05 No¥emtrer2024. trsactkw prknrtOthLsre reported Undert former¢harliv.
•y 2025 2024 openi 8olhr Trnnsf•rfmrn Gètt•rnl Interest Re¢efv¢d Trnnslerto Genernl Fd &lanc• Clf 33,235 125) 655 33235 3%141 33335 M&G Ac¢umth2ion Urfts Opening 8alanc•- Marketval Pwchsetrom Gera1 Fund Increasel{D•cre•sel sh•r• lueS Closth8 B8laTr¢e 4IF- 14rkrt Value 1651,37 sharn$x£119.9017) 144.X15 shares x a17.17) 74101 52 lim 94h .518 5250 3J33 78,101 1689.663 x £13&89791 M&6 Intom• iknms Opening B•hKe- M&rketValue Trnrtsferfrorn Genernl Fund Increase/(D•cmsel In share ¥•$ CID$kn8 8atsnce cft- M•rk V•lue P866 x £O,STrII 9,070 19866 x £O.IW46J 9.911 9A)70
AS AT5 NOVEMBER2025 2025 C•¥h FurvJ Nat%w¥tCurrent k¢ount- unr4s¢rt¢ted Cycllcal M•5ni•Mnc• Fwrfl- N•tw•st R•s•M- unr•rtrfcted Il516 39,Ni 50fy56 li0 CyrlKal M•¢ntenart• FuThd- Nl- wtyestrkted E]rtrnordlMryReF•lts Fund- M&GA¢cum- unrestrlcted Perffnorrt Errtknwrnert- M&G In£oTh- unr•5trktsd 33235 78,101 11 ILM325 OA06 Howlngwopertjes 1-9 Colllr4woodTerra£8 M•th Vallw of Prop#ts 160)IXI 170 775 13J25