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