OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-12-31-accounts

Page
Trustees'
report		 1-7
Statement
ofTrustees'		 responsibilities
Independent
auditor's		 report
Statement
offinancial		 activities 12
Balance sheet 13
Notes to the financial statements 14-25

Directors of FPYTTrustees Directors of FPYTTrustees Directors of FPYTTrustees Ltd C G Clough
J D Leaver Resigned 26 October 2021
I Featherstone Resigned 26 January 2022
H LGreaves
J K McGlone
H RAshbee Resigned 8 October 2021
R Sidebottom Appointed 27 April 2022
SDe Biase Appointed 27 April 2022
V Brownridge Appointed 27 April 2022
Charity number 209322
Principal address Carlton House
Grammar
School		 Street
Bradford
BD1 4NS
National Association ofAlmshouses Membership number 163
Accountant Naylor Wintersgill Limited
Carlton
House
Grammar
School		 Street
Bradford
BD1 4NS
Auditor Azets Audit Services Limited
33Park Place
Leeds
LS1 2RY
Bankers CAF Bank Limited
25 Kings
Hill Avenue
Kings
Hill
West Mailling
Kent
ME194JQ

2021 2020
Notes
In&g)me~fr
Charitable
activities		 268,136 271,778
Investments 76,308 63,393
Total income 344,444 335,171
enditure
on".
Charitable
activities		 427,002 300,078
Net income before other recognised gains/(losses) (82,558) 35,093
Other recognised gains and losses
Actuarial loss on defined benefit pension scheme 19 (3,787) (4,906)
Net gains/(losses) on investments 11 181,806 (210,523)
Net movement
in		 funds 95,461 (180,336)
Fund balances at 1 January 2021 3,252,794 3,433,130
Fund balances at 31 December 2021 3,348,255 3,252,794

2021 2020
Notes
Fixed assets
Tangible assets 12 813,729 817,308
Investments 13 2,090,227 1,908,421
2,903,956 2,725,729
Current assets
Debtors 14 117,873 207,455
Cash at bank and in hand 568,287 535,388
686,160 742,843
Creditors: amounts falling due within 15
one year (104,549) (88,397)
Net current assets 581,611 654,446
Total assets less current liabilities 3,485,567 3,380,175
Creditors: amounts falling due after 17
more than one year (15,000)
Provisions
for liabilities		 (122,312) (127,381)
Net assets 3,348,255 3,252,794
Income funds
Unres ricted funds:
Designated
funds		 20 924,152 982,536
General unrestricted funds 2,424,103 2,270,258
3,348,255 3,252,794
3,348,255 3,252,794

Freehold buildings 2% straight line basis
Leasehold buildings 2% straight line basis
Freehold improvements 5%straight line basis
Fixtures and fittings 5%and 10%straight line basis

Unrestricted Unrestricted
funds funds
2021 2020
E
Depreciation and impairment 39,783 37,432
Almshouse
management
costs		 61,923 61,021
Light, heat and power 7,192 31,728
Extraordinary repairs 86,415 49,443
Repairs and renewals 116,676 32,027
Boiler maintenance 1,642 6,710
Ground
rent		 and water charges 12,687 12,682
Insurance 7,932 6,045
Call centre 6,447 6,523
Gardening 28,440 23,219
Cleaning 5,277 6,776
Sundry 240
Printing,
postage and		 stationery 702 1,155
375,356 274,761
Grant funding ofactivities (see note 6) 26,000 2,000
Share ofSupport costs (see note 7) 17,947 12,277
Share ofGovernance costs (see note 7) 7,699 11,040
427,002 300,078
Analysis
by		 fund
Unrestricted funds 427,002 300,078
427,002 300,078
6 Grants payable
2021 2020
Grants to institutions:
Benton Park School 1,000
Leeds College 25,000
Avsed 2,000
26,000 2,000

Unrestricted Unrestricted
funds funds
2021 2020
Revaluation of investments 181,806 (210,523)
12 Tangible fixed assets
Freehold Leasehold Freehold Fixtures and Total
buildings buildings Improvements fittings
E
Cost
At 1 January 2021 78,675 237,334 312,668 527,224 1,155,901
Additions 36,204 36,204
At 31 December 2021 78,675 237,334 312,668 563,428 1,192,105
Depreciation and impairment
At 1 January 2021 72,954 265,639 338,593
Depreciation charged in the year 15,633 24,150 39,783
At 31 December 2021 88,587 289,789 378,376
Carrying
amount
At 31 December 2021 78,675 237,334 224,081 273,639 813,729
At 31 December 2020 78,675 237,334 239,714 261,585 817,308

Listed
investments
Valuation
At 1 January 2021 1,908,421
Valuation
changes		 181,806
At 31 December 2021 2,090,227
Carrying
amount
At 31 December 2021 2,090,227
At 31 December 2020 1,908,421

Debtors
2021 2020
Amounts
falling due		 within one year:
Trade debtors 3,464 2,379
Other debtors 110,843 201,595
Prepayments and accrued income 3,566 3,481
117,873 207,455
Creditors: amounts falling due within one year
2021 2020
Notes E E
Grants payable 5,000 5,400
Deferred income 18 1,034 1,303
Trade creditors 8,056 3,688
Other creditors 12,826
Accruals 90,459 65,180
104,549 88,397

2021 2020
f
Grants payable 20,000 5,400
Payable within one year 5,000 5,400
Payable after one year 15,000
17 Creditors: amounts falling due after more than one year
2021 2020
f. E
Grants payable 15,000
18 Deferred income
2021 2020
f
Other deferred income 1,034 1,303
Deferred income brought forward 1,303 1,889
Rents released to income in year (1,303) (1,889)
Rents paid
in advance		 1,034 1,303
Deferred income carried forward 1,034 1,303

Movements
in th		 e present valu e ofdefined
benefit obligations:
2021 2020
Liabilities at 1 January 2021 127,381 131,200
Benefits paid (8,856) (8,725)
Actuarial
losses		 3,787 4,906
At 31 December 2021 122,312 127,381
The defined benefit obligations arise from plans funded as follows:
2021 2020
Wholly unfunded obligations 122,312 127,381
m
v
m		 cl
E		 CIl
CD
Cd		 CD CO
CD
O		 lA
CO		 lA Cl lA
lA
CO		 CLl
0
Vl m
CQ		 m
0		 CO CD E
Vl
Vl0
I0
CL0
0		 Vl
0C
8
m		 ~C
m
C
m
ol		 0 Ol
CO		 CD
Cl
CO		 6)
J3
o
CLlo
CD0.
Vl
I0
Vl
CU
U)
Vl
I
&D		 CU'o
C
C		 Cl
CL
L
I-		 O
CO		 O
lA
P
CO		 Cl
CO
CD
lAN		 CI0)
CO		 U)
E
E
8
I
6)0
O
Vl C
CLl
E
0		 Vl
Cl
V
0
g		 '0
m
~CQ
x
dl		 CO
Ol		 lA
CO
CO		 CO
Od
CO		 CO
N		 CO
Cd
CO		 Cd
Cl
Cl		 CU
CL
o00
CD
C
o Ul
CLl0
I		 Ol gV I
0
Vl
U)		 E0
C C CI
II-0 0
0
Ul'o		 +
m
m
V
C		 cd
o
CIl		 CO
O		 lA
CO
CO		 p
CO
CD
O		 CO
CD
lA
Cd		 CO
lA		 CO
lAN
Cl		 CD
p		 o
LL
Vl
CU		 m m CO CV CO
G)		 pN lA
Y)
Vl
C		 CU c
ml		 CV CUC6)
CLl Vl ~C CD C
m CU
Ql m Vl
E		 0 lA
CU m m
CD		 UlC
0 Cl
CL'		 0
Vl 0 CV
lA
CO		 CO
lA		 Cd
p		 N
I-
v)
D
CLI-		 z
0
O
V)I-
z		 Pu 'oI
CUC
Ol
Vl
Ulo
Ol
C
5		 CU
C
I2
C
CQ
E
0		 I-
Vl
m
V
0
Vl		 'D
0
1lC
Q
S		 'CI'
CO		 CV N
Cd
CO		 lA
lAO
Cd		 CO
Cl
O)
CO		 CO CO
pO
O
Cl		 oC
LL
U)0C
CUC
CLl
C
Q) 0 ol vI CU
p
Nz		 III
I-
z
z		 0
CI		 Ul
0C
CU
0
6)
0		 E
+
m
Q
V
C
lU
CD		 D
O
CIC
O
C4
CU
c
m		 0
CO		 CO
CO		 lA
CV
Cl
CV
CD		 CO
CO
TO		 CO
CO
lA
Od		 C)
CO		 0
O
U)
C
LL
Vl
CU
Lu (00 oC CL
Ul
2
LU
I-		 Z
Q)
I-0
Z		 0
II		 CD'o
C
Ll
CD
C4		 E00C
6)		 LL
Ul
Vl
Vl
F&
LL		 p'o
CU
C LL
Vl
LLIK		 0
CU
C
PU
OX		 C
LL		 CU
Q C
&ā€”C
0
CU
MWLL		 Vl
't3
CU
UlC
Ul0		 Vl0
CU
Iā€”		 0
CU		 0
CU
'O

21 Analysis of net assets net assets between funds
General Designated Total General Designated Total
funds Funds funds Funds
2021 2021 2021 2020 2020 2020
E f. f.
Fund balances at 31
December 2021 are
represented by:
Tangible assets 813,729 813,729 817,308 817,308
Investments 2,090,227 2,090,227 1,908,421 1,908,421
Current
assets/(liabilities)		 471,188 110,423 581,611 489,218 165,228 654,446
Long term liabilities (15,000) (15,000)
Provisionsand
pensions (122,312) (122,312) (127,381) (127,381)
2,424,103 924,152 3,348,255 2,270,258 982,536 3,252,794