REGISTERED CHARITY NUMBER: 2118795 ort of the Trusttes aiid Unaudited Fin I Statements for the Yesr bllded 31 December 2025 for WHKin Almshou$e$ Trust CCW Limiled Chartered AccoLtnlants 2951297 Church Sti'eet Blackpool Lattcathire FYI 3PJ
W H Ki Aimsho¥$es Tntst Contents of the Financial Statements for the Year Ended 31 Deecmber 2025 Page Report of the Trustees I to 2 Independent Examin¢r'8 Report St8tement of Financial Actlvities B814nte Sheet Notes to the Ffinanelal Statements 6 to 10 Detailed Statement of Financlol Attlvlties
WHKin Aimshou$es Tru$t ort of the Trustees for the YeAr F.nded 31 December 2025 The trustees present their report wilh the financial siaiements of the charity for the y¢ar ended 31 D¢¢ember 2025. The truste¢s have adopted the piDvisions of Accounting and Reporting by Charities.- Stalrtn¢nl uf R¢LoTnmended Practice applicable to chajities preparing their accounts in accoidance with the Financial Reporting Standard appliLabl¢ in the UK and Republic of Ireland IFRS 102) {effectiv¢ l January 2019). OBJECTIVES AND ACTIVITIES Obj¢ctlve5 and m$ Almshouses for aged or infirm peLnS who are unable to maintain th¢m8elves by their own exeition5. The charity, according to its goveming document, operdtes in the Garstang and District ayea. Public benefit In thc ycar the Tntstees have had due regaTd to guidance published by th¢ Charity Commission on public benefit. ACHIEVEMENTS AND PERFORMANCE Charilable sctivitles During the year. the t1715tee5 have eontlnued to work towards achieving the organisatiorks objectives as set out above. FINANCIAL REVIEW Reserve5 policy The trustees maintsin il$ policy of mointaining suffi¢icnt It5erves to meet operating costs for a year in advan¢e, allowing property smprovement co be undertaken when funds allow. The Inte¢S continue to have a tr&sonable expectation that the tNst has adequate resoUeS for tht eontinual operational existence forat lea5112 months- from the date of approval of the a¢counts. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The Charity controlled by its goveining document being a Chancery S¢heme of 25th July 1923 at)d Charity CommEssion Scheme of3nl Mah 1953. It is regÈstered with the Chariry Commission (Number 208795) in accordance with the Charities A¢t 2011. RetrlIMent appointment of new trustees TTU5tee5 are &ppointed by the Board of Trustees and must put Ihemselves forward for ir-appointment at the Annual Genei?I Meeting. REFERENCE AND ADMif41STRATIVE DETAILS Registcred Charity nuniber 208795 Prlnclpal addre$$ 41 Bonds Lan¢ GAtang Lancashij'e PR3 IZB Page I
WHKI Aimthouse5 Trust ort of the Trusttt$ for the Year FJnded 31 December 2025 Trustees Mr J Ibison Mr P J Ron50n MT S J Noble Mr D Wright Mr N Howell Mr M J G Halford Independent Examintr Mile5 Ward FCCA Owls Den¢ Rawcliffc Road St Michael's on Wyre Preston Lan¢a5hire PR3 OUE Appi'oved by oThler of thc board of In15tEe5 on 26 February 2026 and signed on its behalf by= Mr J Ibison- Trust¢e Page 2
Inde endent Examiner's Re ort to the Trustees of WIIKtD Almshou5e5 Trust Independent examlner's report to tbe trustees of W H KSng Almshouses Trust I report 10 Ihe ¢hariiy Imsiees on my examination of the accounts of W H King Almshouses Trust (the Trust) for the year ended 31 December 2025. Re5ponsibilitie5 and b8sis of report A5 the chaiity trustees of the Trust you are responsible for the prepatIOn ol the accounts in accordance with the requii'ements of the Charities Act 2011 ('the Act.). I report in respect of my examinatiot) of the Tnjst's accounts carried out under Section 145 of the Act and itt carrying oui my exEmination I have followed all applicable Directions given by the Chajity Commission under Scction 145{5)(b) of the Act. Indepelldent examlner's statement I have coMpled my examination. I confimi Ihal no material motters hove come lo my aiiention in connection with th¢ examit]ation giving me cause to believe that in ally mateiial Jrspect.. accounting w(Tri¥ls weiE not kept in respect of the Trnst as required by Section 130 of th¢ A¢t' or the accounts do not accord with those records,. or the a¢¢ounts do not ¢omply with the applicable requirements concerning the fomi and Content of accounts set out i the Charities (Accounts aiid Reports} RegulalKoll5 2008 other than any requilEment that the accounts give a true and fair view whi¢h is not a mAtter c0nsidcd as part of an independent examination. I have nD ¢Q[e5 and hav¢ rDmr a¢55 no olhEr tnatter5 it] connertjon with thc Vxalatton to which atttntion should be drawn in thi5 report in grd¢r tg ¢nabl¢ a proper understanding of the accounts ¢0 be reached. /4 >Y gla Miles Ward The Association of Chartered Certified Accountants Ow15 Dene Rawcliffe Road St MEchael'5 on Wy Preston Lancashi PR3 OUE Date- .. Page 3
WHKI Alm5house$ Trust Statement of Fin£11 Actlvfities for the Year Ended 31 December 2025 31.12.25 Unrestricted fund 31.12.24 Totsl fund8 Notes INCOME AND ENDOWMEf4TS FROM Investmenl income EXPENDITURE OIY Charltable activitie5 Charitable a¢tivities 18,634 Net gains on investments 33281 NET INCOME 62,767 34,479 RECOLYCILIATION OF FUNDS Total funds brvughi fojward 308,461 273.982 TOTAL FUNDS CARRIED FORWARD 371228 308.461 The notes fomi part of these financial statements Page 4
WHKin Almshouses Trust B&lance Sheet 31 DcccmbLr 2025 31.12.25 Unrestricted fund 31.12.24 Total funds NDtes CURRLI NT ASSETS Investments Cash at bank 319,790 275,037 371,317 308,461 CREDITORS Amount5 falling due within one year (89) NET CURRENT ASSETS 371.228 308,461 TOTAL ASSETS LESS CURREF4T LIABILITIES 371,228 308,461 NET ASSETS 371228 308461 FUNDS Unie51TiCt¢d funds 371228 308 461 TOTAL FUNDS 371228 308461 The finat)cial sraiements were approved by the Board of Tn]stees and auihorised for issue on 26 F¢bn]ary 2026 and were signed vn ils. beh41f b MrP son- Trnstec Mi. J Ibi50n- Trustee The note5 fonn part of these financial statements Page 3
WHKin Alm5house5 Trust Note5 to the FinanclAI Statements for the Year F.nded 31 Dec¢mber 2025 ACCOUNTING POLICIES Basis of preparlng the financi81 statements The financial staternent8 of the ch8rity, whi¢h 1$ a public beE)efit eniity under FRS 102, have been prepared in attordance with the Charities SORP (FRS IU21 'Accounting and Reporting by Charitie5.' Statement of Re¢ommetLded Pra¢lice applicable lo ¢harilir5 preparÈng theii. accounts in accordance wsth the Financial Reporting Stsndard applicable in the UK and Republic of Iieland (FRS 102) (effective I S&nuary 2019),, Financial Reporting StaTLdard 102 'The Financial Reporting Stondard Jpplicable in the UK at)d Republic of Irelalld, and thc Chatities Act 201 l. The financial statem6nts have been prepared under the historical cost conv¢nlion. Ineome All income is recognistd in the Siatem¢nt of Financa&l Activities once tk ch4rity has entiilement to the funds. it is probable that the income will be reCeVed and the &mount can be mcasured reliably. Expendlture Liabrlilies 4r¢ OgnISed a5 expenditure as soon there is o legal or constructive obligation committing the charity lo that expenditure, it is probable that a ti2nsfer of economic b¢nefits will be required in seitlement and the amount of the oblEgatiDn can be measured rel2ably. Expenditure is actoulkled foi. on an accruals basis and has been classÈfied under headings that aggrcgale all cost related 10 th¢ category. Where ¢osts cannot be direGlly attributed lo particular he&dings they have beeTE allocated to 4Gtivilie5 on 4 basis consistent wEth the use of resources. Taxatio Thc charity is exempt from tax on its charitsble aciivities. Fund accounting Unrestricted funds Can b¢ used in accord3ncc with the charitable objectives at the discreiion of the twstees. Restricted funds ¢an only be used for particulai restricted pUrpoS within the obje¢is of the charity- Restyicuons arise when specified by the donor or when funds are ratsed for particular re51cted puJyos¢s. Further explanatson of the nalurc and purpose of ca¢h fund is ineluded in ihe notes to th¢ finan¢ial Statements. INVESTMENT INCOME 31.12.25 31.12.24 Rents received Inv¢51metit income Deposit account knt¢rest 35.880 11,799 441 36,570 10,497 372 Page 6 ¢ontinued...
WHKin A]Jnshou5es Trust Note5 to the fiitL&nci&I Statemen1$ ¢ontinlled for Ihe Year F.nded 31 December 2025 TRUSTEES, REMUNERATION AND BEPIEFITS There were no tNstees' remune110 or other bcnefits for the year ended 31 December 2025 nor fDr the year ended 31 December 2024. Tru8tees' expense$ The were no 31 DeceDibrr 2024. ttte9, expenses paid for the year ¢nded 31 December 2025 Tior for the year eNled STAFF COSTS The average monthly number of employees during th¢ y¢ar was as follows.. 31.12.25 31.12.24 Trustees No employees re¢eived emolutnents in ex¢ess of £60,000. COMPARATIVES FOR THE STATEMEPIT OF FINANCIAL ACTIVITtEs Unrestricted fund INCOME AND ENDOWMETrifs FRO Investment income 47.439 EXPENDITURE ON Charitable a¢¢Avities Charilable activities Net gains on investments NET INCOME 34,479 RECONCILIATtON OF FUNDS Total fulS brought forward 273,982 TOTAL FUNDS CARIUED FORWARD J08 461 Page 7 coniinued..,
WHKin Almshouses Trust Notes to the Fingncial Statements tfintinued for the Year Ended 31 D¢cirnb£r 202S CURRENT ASSET If4vESTMENTS 31.12.25 31.12.24 Listed investments 319,790 275 037 CREDffORS: AMOUNTS FALLING DUE WITHIN ONK YEAR 31.12.25 31.12.24 Trnde ci'editors 89 MOVEMENT IN FUNDS Net movement in fuTxIs At 31.12.25 At 1.1.25 Unrestricted funds General fund 308.461 62,767 371,228 TOTAL FUNDS 308,461 62,767 371,228 Net movemcnt in fllnds, Included in the above are as follows: Incomillg Tesourc¢8 Resources expended Gains and losses Movement in funds Unrestricted funds General lund 48,120 118,6341 J3,281 62,767 TOTAL FUNDS 18,634) 62,767 Compar%tiv¢$ for movement ill funds Ncl movement in fvnds At 31.12.24 Atl.1.24 Unrestricted lunds Gtnrrdl fund 273,982 34,479 308,461 TOTAL FUNDS 273 982 308 461 Page 8 contintscd...
WHKin Almshouses Trust F4otes to the Financial Stgtement$- ¢Olinued for the Year Ended 31 December 2025 MOVEMENT IN FUNDS - eontinued Comparnlive nel movement in funds. included ill the above ar¢ &s follows- In¢DmiDg resources Re50Utres expcnded GRin5 and 105SeS Movement in funds Unrestrlcted funds General fund 47,439 (22.896) 9,936 34,479 TOTAL FUNDS 22 896) 9.936 34.479 A current y¢ar 12 monihs and pi'ior year 12 month$ cornbined position is as follows.. Net ovement in funds At 31.12.25 Atl.1.24 Unrestrleted funds General fund 273,982 97,246 371,228 TOTAL FUNDS 273.982 371228 A CUTrent year 12 month$ and prior year 12 month5 combined nei movement in funds, included in the &bove as follows-. trtcoming r6sources Resourc¢s expended Glins and losses Movcmcnt in funds Unre5trieted funds General futMI 95,559 {41,5301 43.217 97.246 TOTAL FUNDS 41530) 97,246 Pag¢ 9 continu¢d...
WHKin Almshouse& Trll5t Notes to the Financlal StatemeMts- continued for the Year Lnded 31 December 2025 RELATED PARTY DISCLOSURES TheiE were no Jrlated party trdn5actions for the year ¢nded 31 December 2025. Pa8e 10
WHKIII Almshouses Trust Det4lled Statement of fiinancial Activilie$ for the Year Ended 31 Decemb¢r 2025 31.12.25 31.12.24 INCOME AND ENDOWMENTS Investment income Rents received Investment income D¢posit account interest 35.880 11,799 441 36.570 10.497 372 47.439 Total Incomln8 resources 48,120 47,439 EXPENDITURE Charltable aetivitie5 Water ¢harges Insurance Electrieity Sundries Ilepairs, r¢newals and maintenance Gardening 1,889 1,321 1,524 1,191 14.639 361 4,369 8(X) 373 3,033 880 18,634 22.884 Support costs Govtrn*n¢e costs Accountan¢y 12 Total resources exp¢n¢kd 18,634 Net In¢ome 29.486 This page does not fomi part of the statutory fjnancial statements Pagell