YEAR ENDED 3
EMBE
024
l . ? AnmMI Report of the Trullees
5- 6 of Assets ar￿ Liabiliiics

Bl
HO
DE
AhNUAL REPORT OF THE TRUSTEES
YEAR END
EMBER 2024
Bishops Lydtard Akmshousc Chariry is by DL*J of Tn￿ and is a TCgYStcrcd charity. numkn 205264. The
addrcss of thc Clwity is 6 Fatiiers Grew MoDktOD H￿thr]e1￿ Some￿, TL? 8PR.
Th¢ ChaD'ty TnLStees who served th¢ yurThETr:.
Mr E Ferns
MrJDay
Mrs A Cook
Mr M Ha￿fOTd
Mrs C Smeaion
MT R Pe2c￿ke
MTS C Balston
Mrs K Fo*¢r
Mrs S Cahalin
The objeci ofth¢ Charity is to provide livin￿ aCcomn￿l10n for resthnts in confor￿lty with the provisions of the Schemc.
Th¢ altnshou5es aNI aikndafti's ¢￿￿ge ￿￿[￿rI¥￿Il0￿ ate etsjowed ￿ the ajarity.
The Trnstees confirnj that they have refeTred 10 the guidance ¢ontsi[￿ in the Charity CothmtssioD's geDetal guid8tLce ¢)n
public benefit whett rekiewTrDg the charity's aktll% and objectiyes ar¥J in planning aclliitie
REVIF.W
F THE YEAR 2024
During 2024 Iwo DwiDgs look pl*c on 13th May WMI 17th Octoiw. Rtttt I hcai]n8 clwgc incrcaxs wrrc ¥pprov¢d in
2023 Mthich came In￿ effeci on 15tJaTh]ary 2024.
Therc was orK vacancy dwing 2024. mtsnE¢r 31 was Vac￿ f(Y3 ￿￿￿tIts before b￿"ng (tt￿)1¢d in Ociob¢r.
Trustees.
Thcrc hav¢ be¢n *0 than8es to thc T￿￿5 dun'ng the pr.
MaÈntenance
Jn the msiD mitLor mainknawe l Tcpalr t&5k5 w*e on prot*nies duriDg th¢ course ofthe )¢ar. In addiiioo the
following work was carried out..
Nutnb¢r 30- Rep￿CeMent shoThrr equipu￿t.
Number 40- El¢ctrical repairs
Number 38- minor plwE*ing repai
Draill ¢learance followitlg blockage at thuttther 34
S￿￿k¢ alatm replacen￿ts ar¥J electrical safety cl*tks (rec0mn￿.on of the firc risk as5tssJY*ntl
Works" w the v¢randa make it safe in the ¢veni of a firc {r¢rQJnnth￿li0n of the fir¢ risk assess￿rt￿tI
Guiicr ¢l¢ara￿e
Further work is SCI￿duled UJ 2025 followrytix reCo0￿￿OnS of th¢ (bItiquetitti￿ S￿ ￿led ¢xrt JD 2022 alld the
Fire RLskA55e55￿É carried in 2023.
Ci21 Review aLyJ Inves¢mc t Polit
ThcTe arc no rLStrictions on the chaTiLy'S wwerto invest. The invcsunem mt¢gy is 5¢L by the Tr￿Stee$. on a low risk b￿ls,
ith the fijnds being h¢ld by the M&G TnVcSt￿ MDID Ass¢1 Fund. Re8ul8r de￿51￿ have been T[￿de to the Skipton
Buildrng Sothety aecouni dwing 2024.
It has bttn the c]￿rIty"S ￿lleY to maintsin sUffitie￿ Utilestr￿ reseryes 10 ￿Ver the and rtvcm
expettdiiure incurroj ID th¢ c(AJtse of six Ther¢ ar¢ s￿11[ re5¢rvcs 5¢¢ 45id¢ iow*rds larger
maint¢natK¢ ¢xpetditure Wh￿ thi5 owur&

BISHOP
LYDEARD ALMSHOUSE CHARITY
AL REPOR
THE TRUSTEES
onEinued
YEAR
NDED 31 DEC
ER 20?4
Risk Mana
eTneni
The Trusiees have examined the major strategic. busines5 and operaiional risks which the clwtty. faces and conftym that
s)'siems have been esrablished io enable re.￿1]3[ rewTrns io be produced so that the ne¢essaTr' step5 can be tak'en io lessen
these risks.
OTHER CHARIT
INFORMAT
Inde
endellt Exami
Sarah Tw isi FCA DChA
A C Mole LLP
Chartered Ac£ouniaAts
Siatyord House
Blackbiook Park Avenue
Taunion
Somersei
TAI 2PX
Bank'crs
Santander UK PLC
?iO Stanles. Rd
Booile
Mersei'side
L?0 iPQ
M Han5ford
Chaiman
Dale..

SE
INDEPENry)EN
EXAMIN
R'SR
RT
TOT
ETRL,
TEES OF BI
HOPS LYDEARD ALMSHO
ECHA
I report io the ts1￿5 ott my exRttiillatioTh of the accwttts ofthc Bishops L)fjeard Aimslk)w Chariry for th¢ year endcd 31
Dettmber 2024. which ser outoll P38es 4 to 6.
As the charily truAe¢s of the Ckniiv vou are re4wible for ￿ ]waT3twti of ￿ **ounts tn with the
Tcquiremcnts of the Charttses Ath 2011 I'thc Ad.).
I r¢tx)rt in r¢swt of my examin￿0￿ of th¢ Clwity's a¢counts ￿Tled our uttder sertiots 145 of the 2011 Act and in
can)ring oui my examination T have followed all tt* applicable ThT¢aiOrts wv¢n by the Charity Commi55ion und¢T section
14515Mb) of the 2011 Act.
nt exami
I haNe co]JJpl¢t¢d JDY cxamiDatLOD. I ronfm thji ￿ rrAi￿la[ maucr5 have to my at*Dtion in with tbc
examinaiioD ¥1¥ll￿ me cause to believe ih&t aDy Thterial resped:
l. a¢COunt￿g ￿ordS ￿ not k¢pt iti resp¢ct of the Cb4rity ryired by s¢ctioti 130 of the ACL OT
2. the accoullts &) not arcixd with tknc rec1)￿
I have tLO concerns ajjd have tome acri>ss tso other tsxtters in conncciion the ¢xaminaiion kn wtiich atteniion should be
dr#wn in thi$ rqkn ID order to ¢Dablc a pr¢)ptr undcryandingof the accounts to bc rL¥cl￿
Sarth Twis¥ FCA fKTrA
AC Mol¢ LLP
charter￿ Accouniants
Stsfford House
Blackbrook Park ATrenue
Ta￿lon
Somersei
TAI 2PX
ie".

BISHOPS LIDEARD ALMSHOUSE
AARITY
RECEIPT
TS ACCOU
YEA
END
EMBER 2024
2024
2023
G¢nernl
Fund
Generdl
INCOMF.
Ba￿k 8lld InveStU￿trt IzKon
Natiottal Associdiion of Al[V5h￿ (Iwilits
knk Interesi
maI￿re￿anCe and Heating Charg¢s
Maintenance and Heatiog Charge
Allotrn¢ni Rcnl
2.486.16
1,569.02
2J32.71
1.262.35
46.228_79
437.50
44.659.09
492.00
TOTAL RECEIP
50.721.47
48,746.15
Water Raies
T¢l¢phon¢
4.729.86
114.79
1,748.19
?6251.67
3.949.78
307.79
1.686.47
14.342.39
210.00
30.00
16.311.70
2.939.83
15.08
Lighi and Heat
WuJdo* Cleaning
Tele￿Slon Litt￿¢
Rqmirs and Maintena¥
Piper Fee
Post artd Stationery
30.IK)
18,695.92
3233.82
55.204.25
39,793.04
overf￿ad Ex￿lSe$
National Association of Almshow Cknitits
Wages 3nd Salaties
Attountsncy
407.(KI
3.30(>.IXk
3.5(K).00
918.00
4.897.IXb
4.418.00
Other Pa>ments
Shares Purthased. ExttaordiEWy Rq￿irFU￿f
4.￿R.(M)
4.008.(bJ
XPENDIT
64.109.25
48,219.04
NET
DEFICIT
su
LUSF
R THE YEAR
(13,387.78)
527.11
BaDk Accounts
B￿3￿¢¢5 at l JaEMWy 2024
117.412.56
116.885.45
Balanre5 at 31 De¢eME￿ 2024
104.024.78
17,412.56

BISHOPS LYDEARD ALM
E CHARITY
STATEMENf OF
AND LIABILrrIES
AS AT 31 DECEMBER2024
LICIE
ac¢ouTts have been on thc aNI Paytmits bt8is and tn 8ccordJnc¢ Charity
CuFT¢Trt Account
Comrnuniry Saver
55.552.12
472.66
71,708.92
415 703.64
104.024.78
117,412.56
OTHER ASSETS
la)
LaNi in Bishops Lyde8Yd the Alnkn aryl Att¢yMl￿gS Cmage themn.
2023
]nvcsts)xni F
M&G Clwity Mujti Assrt FuDd
ItKome Shates
Al l January
61.387
61 J87
At31 Dect
61 J87
61,387
Market Value ￿ 31 Lkc¢rthr 2024 £56.985.55 - 92.83p pcr sh￿¢ 131 D¢¢¢mkn 2023 £55.137.80 -
89.R2p w sh&rel
deriv¢d from sha￿$ for the yearwtslled £2.486.1612023- £2.332.71).

ISHOP
LYDEARD ALMSHOUS
CH
ST.4TEME
T OF ASSETS AND LIAB
ITIF.
continued
AT3
DECEMBER 2024
THER ASSE
S continued
(c)
Shares-
51
2024
2023
Desi
ated Exuao
hares
M&G Charit%. Muhi Assei Fuud
Accumulation Shar¢%
780
At l Januar),
Shares Purchased
37
780
At 31 December
814
Market Value at ) l Decernber 2024 £98.461.68 _ 19 107.14p per slwe (31 December 20•3 £87,407.39 -
11028.26p per share)
The Extrdordinary. Repair Fulld estsblished b%" the Ttijsiees for the purpose of providing for th¢
extraordinar) repair. improvement or r¢building of the A1msho￿%e belollging to th¢ Chariry..
2023
CURRENT LIABILITIES
Fund
Fund
Light and Heat
Rent oi'eTpa}Ineni
1,168
Ger￿1
General
General
General
710
Fund
CURRENT ASSETS
Fund
Rents Receii'able
497
General
750
Gentrdl
Approv¢d b}. the T￿Slee$ OD WFl4115
d signed on their behalf b).:
M Hansford
Ch