2024-12-31-accounts

MARTHA WALKER ALMSHOUSES ANNUAL REPORT for the year 2024

Aims and purposes

The Martha Walker Almshouses exist to provide accommodation/housing for elderly and old people.

Objectives and activities

The care and maintenance of the six terraced houses, as bequested by Martha Walker.

For the benefit of the residents in the Almshouses belonging to the charity who shall be persons in need who are members of the Church of England, preference being given to persons qualified as aforesaid who were born in the area of the Ancient Parish of Armley or who have resided in the said area for not less than five years.

Achievements and Performance

The residents of the Almshouses continue to be well cared for; the dwellings and gardens are well-maintained.

The following policies and procedures are in place and reviewed annually:- internal charity financial controls, safeguarding, financial reserves, complaints, complaints handling, serious incident reporting, internal risk management, trustees expenses, trustees conflicts of interest, investing charity funds, and bullying and harassment.

The Housing Ombudsman Annual Submission had been completed for 2024.

After due consultation and deliberation, the decision to initiate court proceedings against one of the residents had been taken in 2024. Despite numerous requests for rent contributions over a number of years, no satisfactory response had been received, and we had been left with no alternative other than to start eviction proceedings.

Financial Review

Tenants’ rents for the period 01/01/2024 to 31/12/2024 were £27,460 which contributed to total receipts of £27,817. Total expenditure for the same period was £27,484 of which £15,650 was invested in M & G shares in the Extraordinary Repair Fund, £2,945 was spent on maintenance and £2,534 on solicitor’s fees. The result being a net movement of funds of £332. Total funds carried forward at 31/12/2024 were £42,669.

Reserves Policy

It is Almshouses’ policy to try to maintain a balance on unrestricted funds that equates to at least three months’ unrestricted payments. This is equivalent to £6,900. It is held to smooth out fluctuations in cash flow and to meet emergencies. The cash balance of £42,189 held on unrestricted funds at the year-end clearly meets this target.

It is our policy to invest investment fund balances with the CCLA Church of England Investment Fund.

Volunteers

The Charity could not function without the help of its volunteer Trustees. Special thanks were extended to Thelma Collins (clerk), Eileen Handley and Jon Kaye.

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Structure, governance and management

Membership

Members of the Almshouses are either ex-offico or co-opted at Trustee meetings. The Almshouses are governed by up to six trustees, three of which are ex-offico and three coopted. Co-opted members serve a period of five years from the date of their appointment.

Vicar/Priest-in-charge Vacancy ex-offico Churchwardens Mrs T. Collins ex-offico Clerk Mrs E. Handley ex-offico Appeals officer Co-opted members Mr J. Kaye co-opted Complains officer Vacancy co-opted Vacancy co-opted

There are a minimum of two meetings of the Trustees each year.

The day-to-day management of the Almshouses is undertaken by Adair Paxton Ltd.

Administrative information

The Charity can be contacted at;

Martha Walker Almshouses, c/o 18 Pavilion Way, Pudsey, Leeds, LS28 7WH Phone: [phone] e-mail: [e-mail]

Management agents

Adair Paxton Ltd., First Floor, Jason House, Kerry Hill, Horsforth, Leeds, LS18 4JR Phone: [phone]

Website: www.adairpaxton.co.uk

Appointed auditors

Wyatt & Co. Chartered Accountants, 125 Main Street, Garforth, Leeds, LS25 1AF

Approved by the Trustees on 25[th] . September 2025 and signed on their behalf by Thelma Collins (elected chair).

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	Martha Walker Almshouses	Martha Walker Almshouses	Martha Walker Almshouses	207350	207350	207350	CC16a
	For the period from	01/01/2024	To		31/12/2024
Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 27,460 109 - 27,569 - - - 27,569 2,945 2,467 2,167 343 1,128 - 250 2,534 11,834 15,650 - 15,650 27,484 85 - 42,105 42,189	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - 248 - 248 - - - 248 - - - - - - - - - - - 248 - 232 480		Total funds to the nearest £ 27,460 357 - 27,817 - - - 27,817 2,945 2,467 2,167 343 1,128 - 250 2,534 11,834 15,650 - 15,650 27,484 332		Last year to the nearest £
Contributions	27,460						23,463
Dividends	109						335
	-						-
Sub total(Gross income for AR)	27,569						23,798
A2 Asset and investment sales, (see table).
	-
	-						-
Sub total	-						-
Total receipts A3 Payments
							23,798
Maintenance fees	2,945						-
Management fees	2,467						-
Administration and examination fees	2,167						2,000
Almshouse Association	343						196
Insurance	1,128						- 54
HousingOmbudsman	-						35
Residents'gifts	250						200
Solicitor's fees	2,534						-
**Sub total **	11,834						2,377
A4 Asset and investment purchases, (see table)
M & G Securities	15,650						650
	-
**Sub total **	15,650						650
Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end
							3,027
	85	-	248		332		20,771
	-	-	-		-		-
	42,105		232		42,337		21,566
	42,189	-	480		42,669		42,337

27/09/2025

CCXX R1 accounts (SS)

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Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B2 Other monetary assets B1 Cash funds B3 Investment assets B4 Assets retained for the charity’s own use B5 Liabilities	Details Cash at bank - Current account Cash retained by Adair Paxton Total cash funds (agree balances with receipts and payments account(s)) Details Details Income Shares, NAACIF - M&G Accumulation Shares, Extraordinary Repair CCLA, Investment Fund Details 6 Almshouses Details Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 25,575 16,615 - - - 42,189 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - Fund to which asset belongs Cost (optional) Martha Walker Almshouses - Martha Walker Almshouses - Martha Walker Almshouses - - - Fund to which asset belongs Cost (optional) - - - Fund to which liability relates Amount due (optional) - - Print Name Thelma Collins Jon Kaye	Endowment funds to nearest £
			480
			-
			-
			480
			OK
			Endowment funds to nearest £
			-
			-
			Current value (optional)
			8,176
			257,691
			23,157
			-
			-
			Current value (optional)
			585,618
			-
			-
			When due (optional)
			Date of approval
		Thelma Collins	25/09/2025
		Jon Kaye	25/09/2025

27/09/2025

CCXX R2 accounts (SS)

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I report to the trustees on my examination of the financial statements of The Martha Walker Almshouses for the year ended 31[st] . December 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Nigel Wyatt BSC FCA Date: 23/07/2025 Independent Examiner 125 Main Street Garforth Leeds LS25 1AF