REGISTERED CHARITY NUMBER: 203787
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
ST CHRISTOPHER'S HOME
Shaw Gibbs (Audit) Limited
Chartered Certified Accountants
Statutory Auditor
Eagle House
28 Billing Road
Northampton
Northamptonshire
NN15AJ

ST CHRISTOPHER'S HOME
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Reference and Administratlve Details
Report of the Trustees
Report of the Independent Audltors
8 to 10
Stat8ment of Financial A¢tivlties
11
Balance Sheet
12
Cash Flow Ststement
13
otes to the Cash Flow Statement
14
Notes to the Flnancial Statements
15 to 25
Detailed Statement of Financlal Activities
26 to 27

ST CHRISTOPHER'S HOME
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
TRUSTEES
CHAIRMAN
Mr. Donald Loe
VICE CHAIRMAN
Mrs. Eileen Clinton
TREASURER
Mr. Ashley Dunkley
EX OFFICIO
Father Oliver Cross
NOMINATED
Rev'd Byung Jun Kim
ELECTED
Mr. Michael Clarke
Mrs. Elizabeth Loe
Mr. Martin Sharman
Major Michael Crouch
Mr. Timothy Dolan
Resigned January 2025
Lord Bishop of Peterborough
(President)
PATRON
MANAGER
Miss S. Clarke
PRINCIPAL ADDRESS
Abington Park Crescent
Northampton
Northamptonshire
NN3 3AD
REGISTERED CHARITY
NUMBER
203787
AUDITORS
Shaw Gibbs (Audit) Limited
Chartered Certified Accountants
Statutory Auditor
Eagle House
28 Billing Road
Northampton
Northamptonshire
NN15AJ
SOLICITORS
SP Law Part of the EMW Family
8 Spencer Parade
Northampton
NN15AA
Page 1

ST CHRISTOPHER'S HOME
REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
BANKERS
National Westminster Bank plc
41 Weston Favell Centre Northampton
NN3 8JT
INVESTMENT MANAGERS
' Cave & Sons
Lockgates House
Rushmills
Bedford Road
Northampton
NN4 7YB
Area of Activlty
The ecclesiastical parishes of..
Area
Abington
Billing
Boughton
Dallington
Duston
Far Cotton
Grange Park
Hardingstone
Kingsthorpe
Moulton
Northampton
Church
Sl Peter and Paul
St Andrew and All Saints
St John the Baptist
St James
St Luke and St Francis
St Mary
Collingtree, St Columba and Grange Park
St Edmund
st John Ihe Baptist, st David and Sl Mark
St Peter and St Paul
All Saints with St Katherine and St Peter
Christ Church
Emmanuel
Holy Sepulchre with St Andrew 8nd St Lawrence
st Alban the Martyr
st Giles
St Benedi
St James
st Matthew
st Michael and All Angels with St Edmund
Holy Trinity and St Paul
St Augustine
St John the Baptist
St John the Baptist
St Peter
st George the Martyr
Piddington with Horton
Quinton and Preston Deanery
Weston Favell
Wootton
Page 2

ST CHRISTOPHER'S HOME
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financi81 statements of the charity for the year ended
31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities..
statement of Recommended Practice applicable to charities preparing Iheir accounts in accordance with Ihe
Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (effective 1 January
2019}.
OBJECTIVES AND ACTIVITIES
Objectives and alms
The objective of the Charity is the provision of homes for the welfare, comfort and relief in sickness of
persons in need who are aged or infirm. Such homes are intended primarily but not exclusively for the
accommodation of members of the Church of England. The Trustees do not believe that the range of
beneficiaries is unreasonably restricted by the Charity's constitution.
To this end, the Charity provides a range of different types of accommodation.,
34 flats and bungalows within the perimeter of the estate for those residents who live independently but
value the support of St. Christopherfs community and ils good neighl)ourly services.
54 en-suite rooms in the main Home for those requiring fully supported living. The Home's kitchen, laundry
and communal areas, as well as the Home's chapels, are situated within the main Home.
The Trustees, aim is to provide the best possible living environment for those who have chosen to come to
live at St. Christophels. The Home Is not registered to provide dementia care, but does support those in
residential accommodation with a high level of physical dependency, wherever possible. The Home's aim
remains to provide a caring and spiritually sustaining environment for those who wish to avail themselves of
the Charity's facilities.
Publlc benefit
Vvhile the Charity charges fees for the services it provides, these are often less than those in the private
sector. In addition, the Charity tries lo ensure that, regardless of their financial position, no resident will be
forced to leave the Home for financial reasons alone. A number of residents are in re￿Ipt of local authority
funding which cover a proportion of the fees charged. If Ihere are no further contributions, the Trustees use
the Charity's own resources., the cost of such support in 2024 was £91,544 (2023 £114,249). The Trustees
have had regard to the public benefit guidance published by the Charity Commission and the Trustees
continue to maintain the Home's admission procedures to try to ensure that an affordable balance between
those able to pay the Home's nomial fees and Ihose unable to do so would be maintained.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities
the charity should undertake.
Fundraising
The Charity raises some funds from the public. It does not use professional or commercial participators but
relies on Trustees, Staff and Volunteers to carry out any fund raising activities.
It follows the Charity Commission Guidance Charity fundraising.. a guide to Trustee duties (CC20)" when
undertaking fundraising.
The Trustees are not aware of any failures to Comply with this standard and monitor all fundraising activities
undertaken by the Charity.
When undertaklng fund raising the Charity has to protect vulnerable people and other members of the public
from the following behaviours..
Unreasonable intrusion on a person's privacy.
Unreasonable persistent approaches for the purpose of soliciting or otherwise procuring money or other
property on behalf of the Charity.,
Placing undue pressure on a person to give money or other property.
The Trustees have ensured that the Charity's fundraising activities are undertaken without resorting to such
behaviours.
Page 3

ST CHRISTOPHER'S HOME
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Sarah Clarke, Manager, wriles'.-
During the past year we have continued to focus on developing and improving areas of Ihe Home for the
benefit of the Residents. We saw the introduction of two new Activity coordinators in May on a job share
basis, and 2024 has seen a much more varied and exciting programme of activity for residents and
Independent Livers alike with a variety of outings to places of interest and lo enjoy shows. Residents enjoyed
regular mini-bus trips, shopping excursions, and themed events like strawberries and cream teas on the
lawn. Stephen and the Maintenance Team worked hard to upkeep the beautiful landscaped gardens, and
walkways for lelsurely walks.
A successful summer fete was organised by our new activity coordinators. Their hard work to enhance the
fete and make it more appealing to people of all ages was demonslrated when they achieved record
breaking funds for our resident's recreational activity fund pot.
During February of 2024, the Local Authority, West Northants Council inspected us. Overall, the inspection
was positive but there were some minor areas identified that needed remedying. These were in regard to
tracking trends and themes of maintenance works and schedules. We collaborated with the Local Authority
contract monitoring officer and developed an action plan signing off the actions as improvements to the
areas identrfied as they were made and evidenced.
Leadership in Kitchen changed In M8y 2024, when Chris was appointed as the new Kftchen Manager. He
has worked diligently to enhance the skills of the kitchen team and raise the quality of food provisions.
Special food-themed ev&nts and tasters were organised in collaboration with the Activity Team, making
meals more enjoyable and varied.
While recruiting for care staff has been manageable, specialised skilled roles rem8in challenging to fill, often
due to applicants lacking the necessary experience. The introduction of a new sickness pollcy improved
altendance and reduced casual sickness within slaff teams. Additionally, staff received face-to-face training
sessions to enhance their knowledge and skills, with many commencing RQF qualifications to further
develop their expertise.
Despite personal health challenges, Stephen Clamp and the wider Maintenance Team worked exceptionally
hard throughout the year lo ensure the home was maintained and refreshed, with decoration efforts
contributing to the home's aesthetic appeal.
Lisa Dowdy played a crucial role in managing the room vacancies and ensuring new residents joined
promptly. She also maintained a high occupancy rate throughout the year by utilising the Home's upstairs
accommodation with re5Plte bookings. Lisa took on the responsibility of overseeing the granting and the
surrender process for our Independent Living properties ensuring a fast turnaround.
2024 was marked as a year of continued growth and improvement, with the team focusing on areas for
enhancement and committing to positive Changes to elevate the quality and well-being of all residents, both
within the main home and the Independent Living propertles.
Overall, 2024 we continued with our objective of growth and improvement. The Home's team of staff and
Trustees has a clear focus on areas for improvement going fomards and, are committed to making positive
changes to enhance the quality and wellbeing of all whorn reside al St Christopherfs inside the Home and
within the Independent Living properties.
Page 4

ST CHRISTOPHER'S HOME
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
New Plans and Developments
A programme of planned maintenance and refurbishment ensures that the facilities are kept at a high
standard and the grounds continue to be maintained in an excellent way, an arnenity which is valued by all.
The estate staff are to be commended for this.
Visitors will have noticed continual improvements to the public areas and corridors in the main part of the
home. We wish to provide an environment that meets the expectations of residents and relatives in the 21 st
ntury, as rooms become vacant, it is the policy of the Home to modernise, improve, and redecorate to
meet this standard.
Externally we have been doing restoration on the main home stone external walls, rainwater goods and
garden walls. More is planned for 2025 including chimneys and roofing.
Due to the change in the bin store areas at the entrance we have provided 3 new paved car parking spaces
at the rear.
New entrance signs have been provided at the junction with Abington Park Crescent.
A new hol water heating system was installed in the summer due to the failure of one of the systems in
Cedars. This was paid for by insurers.
Due to the efficiency of the new plate to plate exchangers in Cedars we have removed the two calorifiers
from The Hollies cellar boiler room and replac8d it with a slngle plate to plate exchanger. These changes
brlng a marked improvement in efficiency in the heating ofwater.
A new walk in refrtgerator room has been re-installed in the main kitchen.
Sadly, Stephen Clamp has not been able to attend at the Home full time due to his illness, he came when he
could, but in the meantime, he did manage his team from home by liaising with them, Sarah, Lisa and
Donald. Sadly, Stephen passed away in February 2025. May he rest in peace. The Home owes him a great
deal.
FINANCIAL REVIEW
Financial position
St Christophels is reliant on the incoming resources provided by the activities in the furtherance of the
Charity's objectives. The continued reliants on agency support staff along with the levels of care and support
staffing and the further impact following the introduction of the National Living Wage, the net incoming
reSoUr￿S for unrestricted funds before investment revaluations reflected a surplus of £94,614 12023
£218,448 deficit). The Charity received in the year £71,972 (2023 £77.9371 from its investment portfolio. This
investment portfolio year end revaluation resulted in a surplus on unrestricted and restricted funds of
£23,740 (2023 £38,452). Overall the net surplus for the year was £124,137 (2023 £170,166 deficit).
As noted above, the Trustees use the Charity's resources to help those residents who are unable to pay the
full fees. They budget, however, on the basis that full fees will be paid and regard the investment income as
the chief source of support for those unable to pay in full. Existing residents do not therefore subsidise those
who pay less than full fees. In general, budgets are framed to produce 8 broadly neutral financial position.
Investment policy and objectives
There are no restrictions on the Charity's power to invesl however the Trustees have committed themselves
to follow the ethical principles set oul in the policy statement produced by the Church of England Advisory
Group. A copy of this policy statemenl is avallable on request from the Home. The Charity's investment
managers take account ofthis statement in their management of the Charity's portfolio.
These managers are tssked to produce a targeted level of income while trying lo grow the real value of the
portfolio. Perfomance in the year was in line with the benchmarks agreed by the Trustees with the
investment manager.
Page 5

ST CHRISTOPHER'S HOME
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Reserves policy
The Trustees consider that there are two principal areas of financial risk. The first of these is the possibility of
a loss of revenue or additional costs due to a particularly severe epidemic or pandemic. The second is the
possibility of major expenditure being incurred on unforeseon repairs to buildings or equipment.
The Trustees believe that it would be appropriate to hold free res8Nes of approximately £250,000 for these
eventualities. The free reseTves held at the end of the year amounted to £768,305 {2023 £56,336). Resetves
are high at the year end, and are being held due lo some improvement and repair work that will take place in
2025. After this, cash reserves will be returned to an appropriate level, or Ihe trustees will look at increasing
the reserves policy, to meet the rising ongoing costs of the charity. ReseNes are monitored at Trustees,
meeting on a regular basis.
The total funds held al the end of the reporting period was £4,233,050 (2023 £4,108,913} of which are
restricted funds £173,531 (2023 £169,454) which are not available for general purposes. Designated funds
at the year end amounted to £488,144 (2023 £450,650). Total funds after making allowances for restricted
and designated funds amounted to £3,571,375 (2023 £3,488,809). Tangible fixed assets amounted to
£1,809,804 12023 £2,303,874). Investments were £995,266 (2023 £1,128,599) and current asset
investments were £661,67512023 £820,104).
As noted in the Balance Sheet and in note 13, the Charity's investment portfolio amounted to £995,266
(2023 £1,128,599). As explained above, the income from this portfolio is dedicated to meeting the Home's
charitable objectives. Cash balances are higher at the year end than in recent years becaus8 most of the
independent living accommodation has been bought" on long leases rather than rented, at the year end 1 is
held for resale. Whether to "buy" or rent is a decision for the individual independent living resident. The
Trustees are therefore committed to maintaining large cash balances in order to facilitate the management of
the Charity's estate. The future expected cash flow is reviewed by the Trustees on a regular basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Charity was founded by and operated under a Trust Deed dated 15 February 1943 until 16 March 2005,
when a new Scheme approved by ihe Charity Commission, came into effect. This Scheme, is the Charity's
present governing instrument.
Recruitment and appolntmont of new trustees
The Trustees comprise..
- the Rural Dean of the Deanery of Northampton
- two members elected by the House of Clergy of the Deanery of Northampton
up to fourteen people elected by the represenlatives of Ihe Parishes covering the Charity's area of activity
(see LEGAL AND ADMINISTRATIVE INFORMATION page)
the Trustees may also co-opt up to six further people to act as Trustees
a Chair is elected by the Trustees from among their number
The names of those elected by the Parish represenlatives are shown on LEGAL AND ADMINISTRATION
INFORMATION page. These Trustees are elected for a 3-year term and one third of them wlll retire at each
Annual General Meeting.
On appointmenl, new Trustees are provlded with guidance documentation from the Charity Commission, and
are made as fully aware as possible of the Charity's activities and are encouraged to develop their
contributlons as Trustees in those areas to which their individual expertlse and experience calls them.
Page 6

ST CHRISTOPHER'S HOME
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Oryanisational structure
The Trustees meet regularly and are responsible for the strategic direction and policy of the Home. They
specifically Consider applications from prospective residents and matters concerning the wellb8ing of the
residents and staff. Th8 Finance Manager, Residential Manager and the PAJSecrelary to the Residential
Manager also attend these meetings.
Responsibility for the day to day running of the Home rests with the Residential Manager and her
management leam. The Trustees are responsible for setting their pay, which is reviewed annually.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place lo provide reasonable assurance against fraud and error.
The Trustees have considered the main areas of risk which Could affect the continuing operations of the
Charity and have insurance policies in place lo mitigate any damage such identified risks might cause.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable lo charities in England and Wales, the Charities Act 2011, Charity (Accounts and
Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial
statements for each financial year which give a tru6 and fair view of the state of affairs of the charity and of
the incoming resources and application of resoLJrces, including the income and expenditure, of the charity for
that period. In preparing those financial statements, the trustees are required to
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charity SORP.,
make judgements and eslimates that are reasonable and prudent.,
state whether applicable accounting standards have been followed, subject to any material departures
disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustee8 are responsible for keeping proper accounting records which disclose with reasonable accuracy
at any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions
of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on
and signed on its behalf by..
D Loe - Trustee
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
ST CHRISTOPHER'S HOME
Opinion
We have audSted the financial statements of St Christopherfs Home (the 'charity') for the year ended
31 December 2024 which comprlse the Statemenl of Financial Activlties, the Balance Sheet, the Cash Flow
Statement and notes to the finanoial statements, including a summary of significant accounting policies. The
financial reporting framework that has been applied in Iheir preparation is applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial stalemenls:
glv@ a true and fair view of the state of the charity's affalrs as at 31 December 2024 and of its Incomlng
resources and applicatlon of resources. for the year then ended.
have been properly prepared In accordance wlth Unlted Kingdom Generally Accepted Accountlng
Practlce,. and
have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described In the Auditors,
responslbilitles for the audit of the financial statements section of our report. We are independent of the
charity in accordance with Ihe ethical requirements that are relevant to our audit of the financial statements
in the UK, including the FRC'S EthScal Standard, and we have fulfllled our other @thical rasponsibilities In
accordance with these requlrements. We belSeve that the audSt evldence we have obtained is sufficiont and
appropriate to provide a basls for our oplnlon.
Con¢luslons relating to gorng concern
In auditing the financial statements, we have concluded that the trustees. use of the going concern basls of
accounting in the preparation of the financial stalements is appropriate.
Based on the work we have performed, we have not identified any material uncertalnties relallng to events or
conditlons that, individually or collectively. may cast significant doubt on the charlty's ability to continue as a
going concern for a period of at least twelve months from when the financial statements are authorised for
issue.
Our responsibilities and the responsibilities of the trustees Wlth respect to golng concern are described in the
relevant sectlons of thls report.
Other informatlon
The trustees are responslble for the other Informatlon. The other Information comprises the informatlon
included in the Annual Report, other than the flnanclal statements and our Report of the Independent
Auditors thereon.
Our opinion on the financial statements does not cover the other informatlon and, except to the extent
otheNlse explicitly stated in our report, we do not express any form of assurance concluslon thereon.
In conneclion with our audit of the financial statements, our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with th@ financial
statem@nts or our knowledge obtalned In the audlt or otherwlse appears to be mat8rially misstated. If we
Identify such material inconsistencies or apparent materlal mlsstatements, we are required to determlne
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the
work we have performed, we conclude that there is a material misstatement of thls other Informatlon, we are
required to report Ihat fact. We have nothing to report in this regard,
Matters on which we are requlred to report by exceptlon
We have nothing lo report in respect of the following matters where the Charities (Accounts and Report5)
Regulations 2008 requires us to reporl to you if, in our opinion:
the Information given in the Report of the Trustees is inconsistent in any material respecl with the financial
statements. or
sufficlent accounting records have not been kept. or
the financial statements are not In agreement wlth the accountlng records and returns. or
we have not received all the Informatlon and explanatlons we requlre for our audit.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
ST CHRISTOPHER'S HOME
Responsibilities of trustees
As explained more fully In the Siatement of Trustees, Responsibilities, the trustees are responsible for the
preparation of the financial statements which give a true and fair view, and for such Internal control as the
trustees determine is necessary to enable the preparation of financial statements Ihat are free from material
misstalement, whether due to fraud or error.
In preparing the financial statements, the Irustees are responsible for assessing the charlty's ability to
contlnue as a going concern, discloslng. as applicable, matters related to going concern and uslng the going
concern basls of accounting unless the trustees elther Intend to Ilquldate the charity or to cease operations.
or have no realistic alternative but to do so.
Our responsibllltles for the audlt of the financial statements
We have been appolnted as auditors under Section 144 of the Charities Act 2011 and report in accordance
with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
freo from material mlsstatement, whether due to fraud or error, and to issue a Reporl of the Independent
Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement
when It exists. Misstatements can arlse from fraud or error and are considered material Sf, IndlvSdually or in
the aggregate, they could reasonably b8 expoctod to influence th8 economic declslons of users taken on the
basls of these financial statements.
Tha extent to which our procedures are capable of detectlng Irregularllies, including fraud Is detalled below:
We obtained an understanding of the legal and regulatory frameworks within which the charitable company
operates, focusing on those laws and regulations that have a direct effect on the determirlatlon of material
amounts and disclosures in the financial statements. The laws and regulations we considered in this context
were the Companies Act 2006, Uniled Kingdom Generally Accepted Accounling Practice and relevant
Taxation legislation.
We identified the greatest risk of material impact on the financial statements from irregularities, including
fraud, to be the override of controls by management and the understatement of r8v6nue. Our audit
procedures to respond to thase risks included enquiries of management about their own identification and
assessment of the rlsks of irrogularities, sample testing on the postlng of loumals. reviewing mggting
minutes, regulatory correspondence and professional fees, detailed substantlve testlng on the completeness
of Incom8. and reviewing accountlng estimates for biases.
Owing to the inherent limitations of an audit, there Is an unavoidable risk that we may not have detected
some materlal misstatements in the financial statements. even though we have properly planned and
performed our audit in accordance with audltlng standards. We are not responsible for preventing
non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
These inherent limilations are particularly significant in the case of misstatement resulting from fraud as this
may involve sophisticated schemes designed to avoid deteGtion, including deliberate failure to record
transactlons, collusion or the provlslon of Intentional mlsrepresentations.
A further descrfptlon of our responsibilltles for the audlt of the flnanclal statements is located on the Flnancial
Reporting Councll's website at www.frc.org.uklauditorsresponsibilitles. Thls description forms part of our
Report of the Independenl Auditors.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
ST CHRISTOPHER'S HOME
Use of our report
This report is made solely to the charily's trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the
charity's trustees those matters we are required to state to them in an auditors, report and for no other
purpose. To the fullest extent permitted by law. we do not accept or assume responsSbility to anyone other
than Ihe charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we
have formed.
Shaw Gibbs (Audit} Limited
Chartered Ceriified Accountants
Statutory Auditor
Eagle House
28 Billing Road
Northampton
Northamptonshire
NN15AJ
Date.. 30 May 2025
Page 10

ST CHRISTOPHER'S HOME
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
101,144
101,144
13,446
Charitable activltles
Coach House and other properties
St Martins Court
Sinking Fund
Care Home
49,428
28,443
49,428
28,443
6,402
2,920,727
42,602
31,891
5,712
2,587,155
6,402
2,920,727
Investment income
Other income
67,671
87,508
4,301
71,972
87,506
77,937
3,721
Total
3,254 919
3,265,622
2 762,464
EXPENDITURE ON
Charitable activities
Care Home
3,160,305
4,920
3,165,225
2,971,082
Net gains on investments
20,366
3,374
23,740
38,452
NET INCOMEI(EXPENDITURE)
Transfers between funds
114,980
5,080
9,157
5,080>
124,137
(170,166)
18
Net movement In funds
120,060
4,077
124,137
(170,166)
RECONCILIATION OF FUNDS
Total funds brought fotward
3,939,459
169,454
4,108,913
4,279,079
TOTAL FUNDS CARRIED FORWARD
4,059,519
173,531
4,233,050
4 108,913
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 11

ST CHRISTOPHER'S HOME
BALANCE SHEET
31 DECEMBER 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
Investments
12 1,809,804
13
995,266
1,809,804
995,268
2,303,874
1,128,599
2,805,070
2,805,070
3,432,473
CURRENT ASSETS
Debtors
Investments
Cash at bank and in hand
14
15
210,407
488,144
864,295
210,407
661,675
197,460
620,104
163,565
173,531
1,562,846
173,531
1,736,377
981,129
CREDITORS
Amounts falling due within one year
16
{308,397)
1308,397)
(304,689)
NET CURRENT ASSETS
1,254,449
173,531
1,427 980
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,059,519
173,531
4,233,050
4,108,913
NET ASSETS
4,059,519
173 531
4,233,050
4,108,913
FUNDS
Unrestricted funds
Restricled funds
18
4,059,519
173,531
3,939,459
169,454
TOTAL FUNDS
4 233 050
4,108,913
The financial statements were approved by the Board of Trustees and authorised for issue on
and were slgned on its behalf by..
A Dunkle
D Loe - Trustee
The notes form part of these financial statements
Page 12

ST CHRISTOPHER'S HOME
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
Finance costs paid
1,275
(327,785)
1,997
Net cash used in operating activities
329,782)
Cash flows from Investing activitles
Purchase of tangible fixed assets
Purchase of fixed asset investments
Purchase of current ass6t investments
Sale of tangible fixed assets
Sale of fixed asset investments
Dividends recetved
(347,213)
(147,003}
(39,147)
(55,643)
(50,971)
514,000
222,116
319,863
Net cash provided byl{used in> investing activities
701,474
135,563}
Change in cash and cash equivalents
In the reporting perlod
Cash and cash equivalents at the
beglnnlng of the reporting period
700,730
(465,345)
163,565
628 910
Cash and cash equivalents at the end
of the reportlng period
864,295
163 565
The notes fom part of these financial statements
Page 13

ST CHRISTOPHER'S HOME
NOTESTO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2024
RECONCILIATION OF NET INCOMEI{EXPENDITURE> TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net incomel(expenditure} for the reporting period (as per the
statement of Financial Actlvltiesl
Adjustments for:
Depreciation charges
Gain on investmenls
Profit on disposal of fixed assets
Finance costs
Dividends received
Increase in debtors
Increaselldecrease) in creditors
124,137
(170,166)
18,570
(23,7401
(38,500)
2,019
(71,972)
(12,947)
21,976
(38,452)
1,997
(77,9371
{16,511)
48,6921
Net cash provided byl{used in) operatlons
1,275
327 7851
ANALYSIS OF CHANGES IN NET FUNDS
At 111124
C8sh flow
At 31112124
Net cash
Cash at bank and in hand
163,565
700,730
864 295
163 565
700 730
864,295
Liquid resources
Deposits included in cash
Current asset investments
620,104
41,571
681,675
620,104
41,571
661675
Total
783,669
742,301
1525 970
The notes form part of these financial statements
Page 14

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparlng the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
(effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements
have been prepared under the historical cost convention, with the exception of investments which are
included at market value, as modified by Ihe revaluation of certaln assets.
The financial statements are prepared on a going COn￿rn. Al the time of approving the finan¢ial
statements, Ihe Trustees have a reasonable expectation that the charity has adequate resources to
continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the
going concern basis of accounting in preparing the financial statemenls.
The financial statements are presented in sterling which is the functional currency of the Charity and
rounded to the nearest £.
Critical accountlng judgements and key sources of estlmatlon un¢ertalnty
In the application of the charity's accounting policies, the Trustees are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factors that are considered to be relevant. Actual results may differ from these
estimates.
The estimales and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the revision
affects only that period, or in the period of the revision and future periods where the revision affects
both current and future periods.
Income
All income is recognised in the Statement of Financial Activities once the charity has entillement to the
funds, it is probable Ihat the income will be received and the amount can be measured reliably.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been
notified of the donation, unless performance condilions require deferral of the 8mount. Income tax
recoverable in relation to donations received under Gift Aid or cleeds of covenant is recognised at the
time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending
distribution, the amounl is known, and receipt is expected. If the amount is not known, Ihe legacy is
treated as a contingent asset.
Exponditure
Liabilities are recognised as expenditure as soon as there is a legal or conslructive obligation
committing the charity to that expenditure, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings that aggregate all cosl
related to the category. Where costs cannot be directly attributed to particular headings they have
been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful lrfe,
Fixtures and fittlngs
20 % on reducing balance
Page 15
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES . continued
Tangible fixed assets
Motor vehicles
250/0 on reducing balance
Fixed assets are stated at cost less accumulated depreciation and accumulated impaiment losses,
excluding freehold property which is accounted for at cost. The property value is not depreciated as
the property is maintained to an acceptable standard, so a8 to hold its cost value. Vvhere parts of an
item of property, plant and equipmenl have differenl useful lives, they are accounted for as separate
items of property, plant and equipment.
Depreciation methods, useful lives and residual values are reviewed al each balance sheet dale. The
selection of these residual values and estimated lives requires the exercise of Judgement. The
trustees are required to assess whether there is an indication of impairment to the carrying value of
assets. In making that assessment, judgements are made in estimating value in use. The trustees
consider that the individual carrying values of assets are supportable by their value in use.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
slalements.
Penslon costs and other post.retlrement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's
pension scheme are charged to the Statement of Financial Activities in the period to which they
relate.
Financial Instruments
Cash and cash equivalents in the balance sheel comprise cash at banks and in hand and short term
deposits with an original maturity date of three months or less.
Debtors and credilors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the statement of
comprehensive income under adminislralive expenses.
Financial liabilities and equity instruments are classrfied according to the substance of the contractual
arrangements entered into. An equity instrument Is any ¢ontract that evidences a residual interest in
the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments are equivalent to a similar debt instrument,
those financial instruments are classed as financial liabilities. Financial liabilities are presented as
such in the balance sheet. Finance costs and gains or Ios8es relating to financial liabilities are
included in the profit and loss account. Finance costs are calculated $0 as to produce a constant rate
of return on the outstanding liability.
Page 16
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
2024
2023
Chapel collections
Donations and gifts
Donations from fundraising
Grants
615
98,057
4,472
508
9,745
2,195
1,000
101,144
13,446
Grants received, included in the above, are as follows:
2024
2023
WNC Winter fuel incentive
1,000
INVESTMENT INCOME
2024
2023
Income from listed investm8nts
Income from unlisted investments
,504
63,126
14,811
71,972
77,937
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Coach House and other properties
Coach House and other properties
Sl Martins Court
St Martins Court
Sinking Fund
Rents re￿iVed
Setvice charges
Rents received
servi￿ charges
Service Charges
Tenantslcontribution to
sinking fund
Fees receivable
Independent living admin
fees
17,062
32,366
1,380
27,083
8,402
13,896
28,706
8,160
23,731
5,712
Care Home
Care Home
18,003
2,902,724
18,623
2,442,141
Care Home
126,391
3,005,000
2 667,380
Page 17
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS . contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
nole 6)
Support
costs (see
note 7)
Totals
Care Home
2 813,361
351,864
3,165,225
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff Costs
Rates and water
Insurance
Light and heat
Telephone
General expenses
Training and other staff oosts
Cleaning materials & contracts
Sinking fund contribution
Property improvements
Advertising & marketing
Garden and grounds expenses
Travelling inc molor expenses
Registration fee's
Advertising and recruitment
Recreational expenses
Provisions
Chapel expenses
Building and general maintenance
Depreciation
Interest payable and similar Charges
2,087,565
23,454
51,244
81,813
10,988
1,122
25,904
136,015
18,003
79,706
1,712
28,855
7,671
8,071
4,738
17,649
137,724
1,935
68,603
18,570
1,975,198
19,603
42,436
69,932
10,784
2,337
31,910
135,729
18,623
17,839
178
28,038
4,336
8,072
4,655
15,058
142,935
1,076
75,632
21,976
1,997
2,813 361
2 626 344
SUPPORT COSTS
Governance
costs
Management
Totals
Care Home
296,142
351,864
Page 18
continued,..

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
SUPPORT COSTS - continued
Support ¢ost8, included in the above, are as follows..
2024
2023
Total
activities
Care Home
Wages
Social security
Pensions
Postage and stationery
Auditors, remuneration
Professional fees
251,289
25,768
9,375
9,712
18,642
190,817
18,867
8,187
7,423
8,400
351,864
344,738
AUDITORS, REMUNERATION
2024
2023
Fees payable to the charity's auditors for the audit of the charity's
financial statements
18.642
8,400
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for
the year ended 31 December 2023.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2024 nor for the year ended
31 December 2023.
10. STAFF COSTS
2024
2023
Wages and salaries
Social securily costs
Olher pension costs
2,157,965
169,922
46,108
2.014,090
141,052
37,927
2,373,995
2,193,069
The average monthly number of employees during the year was as follows..
2024
103
2023
92
Direct care & support
Administralion
Voluntary workers and Trustees
14
14
125
115
No employees received emoluments in excess of £60,000.
Key management comprise of the home manager, deputy manager, estates manager and finance
manager. Key management remuneration totalled £191,142 (2023.. £157,500) for the year.
Page 19
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 DECEMBER 2024
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Reslricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
13,446
13,446
Charitable activities
Coach House and other properties
St Martins Court
Sinking Fund
Care Home
42,602
31,891
42,602
31,891
5,712
2,587,155
5,712
2,587,155
Investment income
Other income
73,819
4,118
77,937
Total
2,752,634
9,830
2,762,464
EXPENDITURE ON
Charltable actlvltles
Care Home
2 971082
2 971082
Net gains on investments
25,347
13,105
38,452
NET INCOMEI{EXPENDITURE)
{193,101)
22,935
{170,166)
RECONCILIATION OF FUNDS
Total funds brought forward
4,132,560
146,519
4,279,079
TOTAL FUNDS CARRIED FORWARD
3,939 459
169 454
4,108,913
Page 20
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
12. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Freehold
property
Motor
vehicles
Totals
COST
At 1 January 2024
Disposals
2,214,881
475 500)
475,937
54,453
2,745,251
475,500)
At 31 December 2024
1,739,361
475,937
54,453
2.269,751
DEPRECIATION
At 1 January 2024
Charge for year
399,404
15,450
41,973
3,120
441,377
18,570
At 31 December 2024
414 854
45,093
459,947
NET BOOKVALUE
At 31 December 2024
1,739,361
61,083
1,809,804
At 31 December 2023
2,214 861
2 303,874
Depreciation on freehold property is not charged within the accounts as the ongoing maintenance
costs that are required to maintain the high standard of repair mean that the property does not
actually depreciate in value. This is assessed each year by the Trustees.
13. FIXED ASSET INVESTMENTS
Listed
investments
MARKETVALUE
At 1 January 2024
Additions
Disposals
Revaluations
1,128,599
55,643
(201,019)
12,043
At 31 December 2024
995 266
NET BOOK VALUE
At 31 December 2024
995 268
At 31 December 2023
1,128,599
There were no investment assets outside the UK.
The historical cost of the listed investments at the year end is £954,258 (2023 £1,051,748).
Investments making up greater than 5 % of the total portfolio at the year end include..
Trojan Investment Funds Trojan Global Income S Dis £61,645
Baillle Gifford UK Global Equity £50,539
Page 21
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 DECEMBER 2024
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
186,602
177,809
700
18,951
23,805
210,407
197460
15. CURRENT ASSET INVESTMENTS
2024
2023
Sinking Fund Investment
661,675
620,104
Analysis of Sinking Fund Investment within respective areas of the Charity..
2024
2023
St Christopher's Home
st Martins Court
Other Properties
488,144
71,402
102 129
450,650
74,007
95,447
661,675
620,104
Current asset investmenls are made up of..
2024
2023
Listed investments
Amounts held in cash waiting to be invested
639,697
21,978
450,650
74,007
661675
620,104
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income
30,554
32,301
32,556
212,988
53,546
31,295
31,813
188,035
308,397
304,689
Page 22
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
17. LEASING AGREEMENTS
Minimum lease paymenls under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Between one and five years
846
1,481
2,327
2,327
3,173
18. MOVEMENT IN FUNDS
Net
movement
in funds
Transfer8
between
funds
At
31112124
At 111124
Unrestrlcted funds
General fund
Sinking fund - main home
3,488,809
450,650
77,486
5,080
3,571,375
488 144
3,939,459
114,980
5,080
4,059,519
Restricted funds
Sinking fund - St Martins Court
Sinking fund - olher properties
74,007
2,475
(5,080)
71,402
102,129
169,454
9,157
5,080
173,531
TOTAL FUNDS
4 108,913
124 137
4,233,050
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Gains and Movement
losses
n funds
Unrestricted funds
General fund
Sinking fund - main home
3,225,748
(3,160,305)
12,043
8,323
77,486
37,494
3,254,919
(3,160,305)
20,366
114,980
Restricted funds
Sinking fund - St Martins Court
Sinking fund - other properties
5,424
5,279
(4,920)
1,971
1,403
2,475
6,682
10,703
4,920
3,374
9,157
TOTAL FUNDS
3,285,822
3,165,225)
23,740
124,137
Page 23
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANGIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
in funds
At
31112123
At 111123
Unrestrlcted funds
General fund
Sinking fund - main home
3,745,253
387,307
{256,444>
63,343
3,488,809
450 650
4,132,560
(193,101)
3,939,459
Restrl¢ted funds
Sinking fund - St Martins Court
Sinking fund other properties
61,614
84,905
12,393
10,542
74,007
95,447
146,519
22,935
TOTAL FUNDS
4,279,079
170,166
4 108913
Comparalive nel movement in fLsnds, included in the above are as follows..
Incorning
resources
Resources
expended
Gains and Movement
losses
in funds
Unrestricted funds
General fund
Sinking fund - main home
2,723,318
29,316
{2,971,082)
{8,680}
34,027
(256,444)
63,343
2,752,634
(2,971,082)
25,347
(193,101)
Restrl¢ted funds
Sinking fund - St Martins Court
Sinking fund - other properties
5,007
7,386
5,719
12,393
10,542
13,105
22,935
TOTAL FUNDS
2,762,464
2,971,082}
38,452
170,166)
The General Fund holds the reserves which provides the funding for all other activities which St
Christopher's Home undertakes.
The Sinking Fund provides for the cost of future work in relation to dilapidations in the properties. The
Sinking Fund is designated solely to St Christophels Home.
The Sinking Funds provides for the cost of future work in rel8tlon to dllapldations in the propertles.
The Sinking Fund is split between St Martlns Court and Other Properties.
Transfers between funds
During the year amounts have been transferred from the Sinking fund to the general fund, for property
repairs and maintenance spent in previous years, Ihat were incorrectly allocated to the general fund,
instead of the sinking fund.
Page 24
continued...

ST CHRISTOPHER'S HOME
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
19. EMPLOYEE BENEFIT OBLIGATIONS
Defined contribution schemes
The Charity operates a d&fined contribution pension scheme for all qualifying employees. The assets
of the scheme are held separately from those of the charity in an independently administered fund.
The charge to profit or loss in respect of defined contribution schemes was £46,108 (2023 - £37,927).
20. RELATED PARTY DISCLOSURES
During the year Cobley Desborough, a company in which Trustee Ashley Dunkley is a Partner,
provided accountancy services to the charity amounting to £5,760 {2023.' £8,520).
There were no further related party transactions for the year ended 31 December 2024, nor the year
ended 31 December 2023.
Page 25