CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Sectlon A Independent Examinerfs Report Report to the trusteesl members of Olley Old People's Welfar& Committee On accounts for the year ended 31 March 2025 Charity no lif any) 207385 Set out on pages 1 to5 I report to the trustees on my examination of the accounts of the above charity ('the Trust'l for the year ended 3110312025 Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements ofthe Charitles Act 20111 the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Corrmission under sectlon 14515){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that dlsclosed below ') in connection with the examination which gives me cause lo believe that in, any materlal respect.. accounting records were not kept In accordance with seGtion 130 of Ihe Act or the accounts do not accord wlth the accountlng records Independent examiner's statsment I have no concerns and hav8 come across no other matters in conne¢lion with the examination to which attention should be drawn in order lo enable a proper understanding of the accounts to be reached. Please delel he words in the braokets il they do not apply. Slgned: Date: 7 January 2026 Name: Michael Rathmell Relevant professional qualification(sl or body (if any): FCA Address: Nuvo A¢¢ounlancy Ltd 14 Beech Hill Otley LS213AX Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent exarnination of charity accounts.. directions and guidance for examin8rs).
Registered Charity number: 207385 OTLEY OLD PEOPLE'S WELFARE COMMITTEE ACCOUNTS YEAR ENDED 31 MARCH 2025
OTLEY OLD PEOPLE'S WELFARE COMMITfEE Registered Charity no. 207385 TRUSTEES REPORT YEAR TO 31 MARCH 2025 R9fgrance and Administration det8118 Charity Name Olley Old People's Welfare Committee Reglstered Charity Number 207385 Charity's Principal Address clo BFE Brays Ltd Building Society Chambers Wesley Street Olley LS21 1AZ Names of the Charity Trustee5 who manage the Charity Mr David Wilkinson {Secretaryl Mr Lauren¢e Bonlley Mr Davios Rob50n IRellred 8 July 20251 Mr Colin Campbell MrAlan K Pratt Mrs S E Leo lappolnled 13 June 2025) Mr A R Gilliland (appointed 16 July 2025) structure. Governance and Managemgnt Type of governing document Constitution Conslilulion of the Charity Assoclatlon Oblectlve and Actlvltlgs Objectives of the Charity The general good of all older people in the old Uiban District of Otley by providing facilities lor physical and mental recreation, furthering health, relieving povety, dislre8s or slckness. Main activities in relation lo the objectives The Charity provides a permanent building comprising a main hall, adjacent swllaller meeting rooms and kitchen facilities for older people lo gather for social recreational and culinary purposes. AG¢ess is open lo all on a day-to-day basis. The building also has offices and facilities for service providers. Achiovements and Performance Main activities during the year The Trustees feel that they achieved their objectives in the year under review. The building re-opened in the Summer of 2D21 following refurbishment works and activities have retLtrned lo normal following the Covid-19 pandemic.
OTLEY OLD PEOPLE'S WELFARE COMMirrEE Registered Charity no. 207385 TRUSTEES REPORT (continued) YEAR TO 31 MARCH 2025 Financial Review The Charity'5 policy on reserves The Trustees alm to keep sufficient reseNes in hand to keep the buildlng in a good slate of repair. Approved b the Commlttge and ¥lgned on their bghalf by: Iklnson Secretary Laur6nce B6ntley Date.. l* fe..
OTLEY OLD PEOPLE'S WELFARE COMMITTEE Registered Charity no. 207385 STATEMENT OF FINANCIAL ACTtVlTIES YEAR TO 31 MARCH 2025 NOTES UNRESTRICTED FUNDS RESTRICTED FUNDS 2025 TOTAL FUNDS 2024 TOTAL FUNDS INCOME Charitable Activities 57935.00 57935.00 32255.00 Investments 2495.03 2495.03 1939.23 TOTAL £ 60430.03 £ 60430.03 £ 34194.23 EXPENDITURE Charitable Acllvllies 21441.12 1592.21 23033.33 21717.34 Other 3014.50 3014.50 2518.00 TOTAL £ 24455.62 £ 1592.21 £ 26047.83 £ 24235.34 NET INCOME {EXPENDITURE) 35974.41 11592.21 1 34382.20 9958.89 Transfers beeen Funds Gains ILossesl on Investments 3473.11 1 3413.11 6345.11 Nel movement In Funds £ 32501.30 1592.21 1 £ 30909.09 £ 16304.00 RECONCILIATION OF FUNDS Totsl Funds brought lorward 505754.37 1592.21 507346.58 491042.58 TOTAL FUNDS CARRIED FORWARD £ 538255.67 £ 538255.67 £ 507346.58
OTLEY OLD PEOPLE'S WELFARE COMMirrEE Registered Charlty no. 207385 BALANCE SHEET AT 31 MARCH 2025 NOTES 2025 TOTAL FUNDS 2024 TOTAL FUNDS FIXED ASSETS Freehold bu11ding refurbishment costs 391676.28 391676,28 Inve5trnenls 81069.51 74542.62 TOTAL FIXED ASSETS £ 472745.79 £ 466218.90 Prepayments and debtors 3501.85 2067.16 Loan lo Olley Older People's Trust Lld 250.00 150.00 Cash at Bank General Account Building Account 67254.03 43801.31 1 $92.21 TOTAL CURRENT ASSETS 71005.88 47610.68 CURRENT LIABILITIES Sundry ¢reditors 14746.00 ) 1 2733.00 1 Rent roceivèd in advance for the next year 750.00 3000.00 } NET CURRENT ASSETS £ 65509.88 £ 41877,68 TOTAL ASSETS LESS CURRENT LIABILITIES 538255.67 508096.58 LONGER TERM LIABILITIES Rent received in advance beyond the n?xl year 750.00 ) TOTAL NET ASSETS £ 538255.67 £ $07946.58 THE FUNDS OF THE CHARITY Restricted Income Funds 1592,21 Unreslricted Funds 538255.67 505754.37 TOTAL CHARITY FUNDS £ 538255.67 £ 507346.58
OTLEY OLD PEOPLE'S WELFARE COMMITTEE Register8d Charity no. 207385 NOTES TO THE ACCOUNTS YEAR TO 31 MARCH 2025 NOTE 2025 UNRESTRICTED 2025 RESTRICTED 2025 TOTAL 2024 TOTAL INCOME CHARITABLE ACTIVITIES Donation." Otley Town Partnership Lelllng of Rooms 1 OOOD.00 £ 47935.00 10000.00 £ 47935,00 £ 32255.00 INVESTNIENT INCOME Dividends on COIF Income Units 2027.31 2027.31 1697.49 Bank Interest 467.72 467.72 241.74 2495,03 £ 2495.03 £ 1939.23 EXPENDITURE GHARITABLE ACTIVITIES Building Runnlng Costs & Insurance 21441.12 £ 1592.21 £ 23033.33 £ 21717.34 OTHER Legal & Profesglonal Costs 3014.50 3014.50 2518.00 FIXED ASSETS Freehold Building Refurbishment 2025 TOTAL 2024 TOTAL Cost of Refurbishment brought ft)rward 391676.28 391676.28 Costs this year Cost carried forward £ 391676.28 £ 391676.28 Note.. The original cost of the building is not known having begn built some sixty years ago. INVESTMENTS COIF Charities Investment Fund 3648.2212023 2575.531 Income Units at bid market value (original cost not known} £ 71069.51 £ 74542.62 Contribution lo Otley Common 10000.00