2022-12-31-accounts

		Page
Trustees' report		1-7
Statement of Trustees'	responsibilities
Independent auditor's	report
Statement offinancial	activities	13
Balance sheet		14
Notes to the financial	statements	15-26

Trustees		FPYTTrustees	Limited
Directors of FPYT Trustees	Ltd	C G Clough
		I Featherstone		Resigned	26 January 2022
		H LGreaves		Resigned	29 December 2022
		J K McGlone		Resigned	29 December 2022
		R Sidebottom		Appointed	27 April 2022
		S De Biase		Appointed	27 April 2022
		V Brownridge		Appointed	27 April 2022
		Jennifer Curran-Kerr		Appointed	14June 2023
		Helen Shaw		Appointed	14June 2023
		Josephine Clare Hobbins		Appointed	14June 2023
Charity number		209322
Principal address		Carlton House
		Grammar School Street
		Bradford
		BD1 4NS
National Association ofAlmshouses		Membership number 163
Auditor		Alison Whalley	BA (Hone) FCA
		Azets Audit Services Limited
		Carlton House
		Grammar School Street
		BD1 4NS
Bankers		CAF Bank Limited
		25 Kings Hill Avenue
		Kings Hill
		West Mailling
		Kent
		ME194JQ

					2022	2021
				Notes	f	f
Income from:
Charitable activities					269,310	268,136
Investments					85,674	76,308
Total income					354,984	344,444
~E* dlt
Charitable activities					416,016	427,002
Net income before other		recognised	gains/(losses)		(61,032)	(82,558)
Other recognised	gains	and losses
Actuarial loss on defined		benefit pension	scheme	20	(5,264)	(3,787)
Net gains/(losses)	on investments			11	(120,743)	181,806
Net movement in	funds				(187,039)	95,461
Fund balances at 1 January 2022					3,348,255	3,252,794
Fund balances at	31 December 2022				3,161,216	3,348,255

					2022		2021
				Notes	f		f
Fixed assets
Tangible assets				13		772,677		813,729
Investments				14		1,969,484		2,090,227
						2,742,161		2,903,956
Current assets
Debtors				15	69,069		117,873
Cash at bank and		in	hand		651,367		568,287
					720,436		686,160
Creditors:	amounts		falling due within	16
one year					(172,705)		(104,549)
Net current	assets					547,731		581,611
Total assets less		current liabilities				3,289,892		3,485,567
Creditors:	amounts		falling due after	18
more than	one year					(10,000)		(15,000)
Provisions	for liabilities			20		(118,676)		(122,312)
Net assets						3,161,216		3,348,255
Income funds
Unrestricted	funds:
Designated	funds			21	870,418		924,152
General unrestricted			funds		2,290,798		2,424,103
						3,161;216		3,348,255
						3,161,216		3,348,255

Depreciation is recognised	so as to write	offthe cost or valuation	offthe cost or valuation	ofassets less their residual	ofassets less their residual	values over their
useful lives on the fallowing	bases:
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

5	Charitable a	ctivities
					Unrestricted Unrestricted
					funds	funds
					2022	2021
					f	f
	Depreciation	and impairment			41,053	39,783
	Almshouse management			costs	113,985	61,923
	Light, heat and power				49,162	7,192
	Extraordinary	repairs			20,849	86,415
	Repairs and	renewals			118,052	116,676
	Boiler maintenance				4,022	1,642
	Ground rent	and water	charges		7,190	12,687
	Insurance				7,357	7,932
	Call centre				6,477	6,447
	Gardening				19,885	28,440
	Cleaning				6,016	5,277
	Sundry				788	240
	Printing, postage and		stationery		34	702
					394,870	375,356
	Grant funding	of activities (see note 6)				26,000
	Share ofSupport costs (see note 7)				15,366	17,947
	Share of Governance		costs (see note 7)		5,780	7,699
					416,016	427,002
	Analysis by	fund
	Unrestricted	funds			416,016	427,002
					416,016	427,002
6	Grants payable
					2022	2021
					6	f
	Grants to institutions:
	Benton Park	School				1,000
	Leeds College					25,000
						26,000

7	Support costs
		Support	Governance	2022	Support	Governance	2021
		costs	costs		costs	costs
		f	f		8	6
	Subscriptions	517		517	829		829
	Secretarial costs	735		735
	Sundry expenses	2,537		2,537	2,214		2,214
	Legal and professional
	fees	5,400		5,400	8,400		8,400
	Bank charges	117		117	121		121
	Accountancy	6,060		6,060	4,800		4,800
	Trust Secretary				1,583		1,583
	Audit fees		4,500	4,500		4,500	4,500
	Trustees' travel and
	meeting costs		980	980		1,316	1,316
	Trust Secretary					1,583	1,583
	Accountancy		300	300		300	300
		15,366	5,780	21,146	17,947	7,699	25,646
	Analyssd between
	Charitable activities	15,366	5,780	21,146	17,947	7,699	25,646

			Unrestricted	Unrestricted
			funds	funds
			2022	2021
			f.	E
Revaluation	of	investments	(120,743)	181,806

Tangible fixed assets
		Freehold	Leasehold	Freehold	Fixtures and	Total
		buildingsf	bugdlngs f	improvements f	fittings f
Cost
At 1 January 2022		78,675	237,334	312,668	563,428	1,192,105
At 31 December 2022		78,675	237,334	312,668	563,428	1,192,105
Depreciation and impairment
At 1 January 2022				88,587	289,789	378,376
Depreciation charged	in the year			15,633	25,419	41,052
At 31 December 2022				104,220	315,208	419,428
Carrying amount
At 31 December 2022		78,675	237,334	208,448	248,220	772,677
At 31 December 2021		78,675	237,334	224,081	273,639	813,729

Fixed asset investments
	Listed
	investmentsf
Valuation
At 1 January 2022	2,090,227
Valuation changes	(120,743)
At 31 December 2022	1,969,484
Carrying amount
At 31 December 2022	1,969,484
At 31 December 2021	2,090,227

15	Debtors
	Amounts falling due	within one year:		2022f	2021f
	Trade debtors			2,792	3,464
	Other debtors			62,759	110,843
	Prepayments and accrued income			3,518	3,566
				69,069	117,873
16	Creditors: amounts	falling due within one year
			Notes	2022f	2021 8
	Grants payable			5,000	5,000
	Deferred income		19	4,535	1,034
	Trade creditors			268	8,056
	Other creditors			52,228
	Accruals			110,674	90,459
				172,705	104,549

Grants	payable
		2022 p	2021f
Grants	payable	15,000	20,000
Payable	within one year	5,000	5,000
Payable	after one year	10,000	15,000

					2022	2021
					f
	Grants payable				10,000	15,000
19	Deferred	income
					2022	2021
					5	f.
	Other deferred		income		4,535	1,034
	Deferred	income brought		forward	1,034	1,303
	Rents released		to income	in year	(1,034)	(1,303)
	Rents paid in advance				4,535	1,034
	Deferred	income carried forward			4,535	1,034

				2022	2021
				f.	6
Liabilities at	1 January 2022			122,312	127,381
Benefits paid				(8,899)	(8,856)
Actuarial losses				5,264	3,787
At 31 December		2022		118,676	122,312
The defined	benefit obligations		arise from plans funded as follows:
				2022	2020
				6	8
Wholly unfunded		obligations		118,676	122,312

								A	W												IO	ID
						0 c	Etd o													43	to	0
						tc	0													OI		E
				td0																		S
						I/toe/			W											/3 /3	C3 /3
				CL0 00O.		III dl	Fl Ol													Co	CO	'O Ql 130
				td 0		Ld																E E
				8	'gc	E																8
				2 dl	c																	8 0 Gl
												Ol
				td 2	E Ql ) O	c 3 Q O 0 8& DC						CO Ct								CO Co		Cl00 Ol
				13																		dl
				Ql
				/3'0		Dig			W													0
				Vt dt		E	3															0 dl
				C:																		Qt
				050 Ql Cl		'E44 4l0 O Cd			W									IO Co	to C	IO 43		13 LL
				Vl
				td															Ol	C
				Ql t/I																		Gl
																						Qt
				tD IQ		I//to td td cc Id Cl		g 0	W											Ol IA	Ol OI C IO	Gl dt
																						0
I-	0 IU			DE I/l0	Vt	L $				C3 Ctl Co								/3 Co Ol IO			CO CO CD C3
ND z V)Y	ZI-Z0 O IoI-Z UlZ	C4IO Od Zl		O dl Gl Ol Ol 5 0 Qt	c E0 O	td 'g 0 3 g (~ Otg			W										CO		to IO /3	0 8 Gl dl Gl
0 Z0 0)z	IU I- Io OZ	U LUa a		Ql Cl 75 C: Qt		Ecd 4l ™O 0 td			W	CO CD/ CO					CO Ol C3					CO IO	C3 C3	O ID
c(	Z	aZ		0 td0
Z zI-	ZI-0I- tO UlI-0Z	Ul Ul U.0	Vl 130 LL	QlE00 C:						LL Vl tD	td	Cd m O. tD IL'	0 ~-. 0 O W		'00 LL	Ql C: 0	00 Cd CD0 td W	13 IL		Vlt3 2 Gl0 CD(3	I/I13 ID	Gl 0 O td	0 0 td 'tl 0

22	Analysis of	net assets	between	funds
			General		Designated	Total	General	Designated	Total
				funds	Funds		funds	Funds
				2022	2022	2022	2021	2021	2021
				E		E		F	E
	Fund balances at 31
	December 2022 are
	represented	by:
	Tangible assets			5,432	767,245	772,677		813,729	813,729
	Investments		1,969,484			1,969,484	2,090,227		2,090,227
	Current assets/(liabilities)		346,360		201,371	547,731	471,188	110,423	581,611
	Long term liabilities			(10,000)		(10,000)	(15,000)		(15,000)
	Provisionsand
	pensions		(118,676)			(118,676)	(122,312)		(122,312)
			2,192,600		968,616	3,161,216	2,424,103	924,152	3,348,255