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2025-03-31-accounts

REGISTERED CHARITY NUMBER: 212584

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE JOHN HOWARD NURSES HOMES

Chariot House Limited Chartered Accountants

44 Grand Parade Brighton East Sussex BN2 9QA

THE JOHN HOWARD NURSES HOMES

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7 to 10
Detailed Statement of Financial Activities 11

THE JOHN HOWARD NURSES HOMES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Charity owns 24 cottages in Brighton. Average occupancy during the year was 100% (2024: 87%). Graves Son and Pilcher provide a managing service to the Charity.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

A subgroup of the Trustees is in regular contact with the managing agents, Graves Son and Pilcher, which helps to ensure the continued smooth running of the cottages as well as adhering to all the regulatory requirements. Meetings with the residents are also held, to discuss any matters they wish to raise. This has included increased security on site and car parking.

There have been no new residents this year, as the cottages are fully occupied, but there is a waiting list should any become vacant.

The cost of the gardening continues to increase as more residents have become unable to maintain their plots. The Trustees are therefore paying for the gardener to do them, in addition to the general maintenance of the grounds. In the autumn, Tree Surgeons again gave all the hedges a very hard cut which continues to provide more light to some cottages and a wider main entrance.

In addition, there has been the usual day to day maintenance of the 24 cottages and the Lodge. Six monthly checks on all drains, gulleys, hoppers etc continue.

The guest flat and communal lounge in the Lodge continue to be in regular use.

The Health & Safety Risk Assessment and the Fire Risk Assessment were conducted in June 2024. Anything flagged on the reports have either been dealt with or are in progress, depending on the priority.

As of 2nd September 2024, Brighton & Hove City Council implemented a new Selective Licensing Scheme for certain areas. John Howard Cottages was included in that selection and Graves Son and Pilcher submitted the applications on behalf of the Trustees for all 24 cottages.

In January 2025, Graves Son and Pilcher received a letter of acknowledgement for all 24 cottages. The letter confirms the Council have received all the correct documentation and initial fee.

Before a licence can be issued, the Council must assess the application and building to see if it meets requirements, but John Howard Cottages are compliant with the process to date.

Page 1

THE JOHN HOWARD NURSES HOMES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Financial position

Rental income totalled £125,403 in the year ended 31 March 2025 (2024: 102,798), an increase compared to the previous year.

Expenditure on maintenance and other running costs was £89,609. This included expenditure of £76,171 (2024 £113,108) in respect of high maintenance costs due to the age and state of the properties. The total outgoing resources for the year were £91,673 (2024: £131,069). At 31 March 2025, total reserves were £456,625 (2023: £400,892) including unrestricted reserves of £339,882 (2024: £284,149).

During the year donations of £20,000 (2024: £20,000) were received, and this is included in other income.

The freehold properties are included in the accounts at cost, which is considered to be substantially below their current market value.

Excess cash funds are held in interest bearing accounts.

Reserves policy

The trustees has reviewed the charity's reserves and is satisfied that they are adequate to meet both ongoing regular expenditure and to provide for periodic significant property maintenance costs which arise from time to time.

The trustees continues to refurbish the cottages as they become vacant to bring them up to a modern and consistent standard. Advertising is ongoing to attract new residents with the aim of achieving 100% occupancy. For the year ending 31st March 2025, the occupancy was 100%.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The John Howard Nurses Homes ("the Charity") was founded as a charity under the terms of the will (the "governing document") of Sir John Howard, who died on 20 April 1917, to provide accommodation for nurses whose health has broken down or who otherwise are not able to follow their profession and whose means are limited.

When reviewing our aims and objectives we have referred to the Charity Commission's general guidance on public benefit. All of our activities are undertaken to further our charitable purposes for the public benefit.

The John Howard Nurses Homes is registered as a charity, number 212584.

Induction and training of new trustees

The trustees are provided with a copy of the Charity Commission's Essential Trustee

They also have copies of all the policies that are in place eg conflicts of interest, investment, complaints, safeguarding etc.

These are based on templates provided by the Almshouse Association, of which The Charity is member.

New trustees will also be given a tour of the site, as soon as practical.

The trustees of John Howard Cottages recognise and accept their responsibilities to ensure that risk management is approached comprehensively throughout the organisation.

Major risks are those that would have a significant impact and a likelihood of occurring. If they arose they would have a major impact on the almshouse charity in the following areas:

" Governance

" Operations

Page 2

THE JOHN HOWARD NURSES HOMES

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 212584

Principal address

Parish Office St George's Church St George's Road Brighton East Sussex BN2 1ED

Trustees

Rev Dr A Manson-Brailsford Miss M Ellis Miss S Clough Miss A Moulson Dr H Beaumont Mr A Cooke Mr S Teixeira da Mota Mr P Simmons (appointed 10/6/2024) Miss M Sofaer (appointed 26/5/2024) Mr A Tallon (appointed 26/5/2024) Mr G Todd-Ware (appointed 26/5/2024) Ms W Burdett (appointed 25/5/2025)

Independent Examiner

Dr Shona F Wardrop C.A Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

Bankers

Barclays Bank plc 139/140 North Street Brighton BN1 1RU

Approved by order of the board of trustees on 15 September 2025 and signed on its behalf by:

Rev Dr A Manson-Brailsford - Trustee

Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE JOHN HOWARD NURSES HOMES

Independent examiner's report to the trustees of The John Howard Nurses Homes

I report to the charity trustees on my examination of the accounts of The John Howard Nurses Homes (the Trust) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Dr Shona F Wardrop C.A The Institute of Chartered Accountants of Scotland

Chariot House Limited Chartered Accountants 44 Grand Parade Brighton East Sussex BN2 9QA

17 September 2025

Page 4

THE JOHN HOWARD NURSES HOMES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Endowment
fund
fund
Notes
£
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Rent receivable
125,403
-
Donations
20,000
-
Investment income
2
2,003
-
Total
147,406
-
EXPENDITURE ON
Charitable activities
Charitable expenditure
91,673
-
NET INCOME/(EXPENDITURE)
55,733
-
RECONCILIATION OF FUNDS
Total funds brought forward
284,149
116,743
TOTAL FUNDS CARRIED FORWARD
339,882
116,743
2025
Total
funds
£
125,403
20,000
2,003
147,406
91,673
55,733
400,892
456,625
2024
Total
funds
£
102,798
20,000
1,429
124,227
131,069
(6,842)
407,734
400,892

The notes form part of these financial statements

Page 5

THE JOHN HOWARD NURSES HOMES

BALANCE SHEET

31 MARCH 2025

Unrestricted
Endowment
fund
fund
Notes
£
£
FIXED ASSETS
Tangible assets
5
62,083
-
CURRENT ASSETS
Debtors
6
19,368
-
Cash at bank
266,801
116,743
286,169
116,743
CREDITORS
Amounts falling due within one year
7
(8,370)
-
NET CURRENT ASSETS
277,799
116,743
TOTAL ASSETS LESS CURRENT
LIABILITIES
339,882
116,743
NET ASSETS
339,882
116,743
FUNDS
8
Unrestricted funds
Endowment funds
TOTAL FUNDS
2025
Total
funds
£
62,083
19,368
383,544
402,912
(8,370)
394,542
456,625
456,625
339,882
116,743
456,625
2024
Total
funds
£
62,083
6,467
341,179
347,646
(8,837)
338,809
400,892
400,892
284,149
116,743
400,892

The financial statements were approved by the Board of Trustees and authorised for issue on 15 September 2025 and were signed on its behalf by:

Rev Dr A Manson-Brailsford - Trustee

The notes form part of these financial statements

Page 6

THE JOHN HOWARD NURSES HOMES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

At the time of approval of the financial statements, the Trustees had a reasonable expectation that the charity had adequate resources to continue in operational existence for the foreseeable future, and on that basis the charity is considered to be a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - not provided Fixtures and fittings - 25% and 50% on cost

The freehold properties are included in the accounts at cost, which is considered to be substantially below their current market value and as such are not depreciated.

Taxation

The charity is exempt from taxation in respect of income or capital gain received to the extent that such income or gains are applied exclusively to charitable purposes.

Expenditure includes any VAT which cannot be fully recovered and is included within the item of expenditure to which it relates.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

continued...

Page 7

THE JOHN HOWARD NURSES HOMES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Fund accounting

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Endowment Funds

These non-expendable funds have been donated specifically to invest to produce income - the capital cannot be spent. The income is included in unrestricted funds.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. INVESTMENT INCOME

INVESTMENT INCOME
2025 2024
£ £
Investment income 2,003 1,429

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Endowment
fund
fund
£
£
INCOME AND ENDOWMENTS FROM
Charitable activities
Rent receivable
102,798
-
Donations
20,000
-
Investment income
1,429
-
Total
124,227
-
EXPENDITURE ON
Charitable activities
Charitable expenditure
131,069
-
NET INCOME/(EXPENDITURE)
(6,842)
-
RECONCILIATION OF FUNDS
Total funds brought forward
290,991
116,743
TOTAL FUNDS CARRIED FORWARD
284,149
116,743
Total
funds
£
102,798
20,000
1,429
124,227
131,069
(6,842)
407,734
400,892

continued...

Page 8

THE JOHN HOWARD NURSES HOMES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1 April 2024 and 31 March 2025
62,083
DEPRECIATION
At 1 April 2024 and 31 March 2025
-
NET BOOK VALUE
At 31 March 2025
62,083
At 31 March 2024
62,083
6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals and deferred income
8.
MOVEMENT IN FUNDS
At 1/4/24
£
Unrestricted funds
General fund
284,149
Endowment funds
Endowment fund
116,743
TOTAL FUNDS
400,892
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
147,406
TOTAL FUNDS
147,406
Fixtures
and
fittings
Totals
£
£
3,796
65,879
3,796
3,796
-
62,083
-
62,083
2025
2024
£
£
19,368
6,467
2025
2024
£
£
8,370
8,837
Net
movement
At
in funds
31/3/25
£
£
55,733
339,882
-
116,743
55,733
456,625
Resources
Movement
expended
in funds
£
£
(91,673)
55,733
(91,673)
55,733

continued...

Page 9

THE JOHN HOWARD NURSES HOMES

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/4/23
£
Unrestricted funds
General fund
290,991
Endowment funds
Endowment fund
116,743
TOTAL FUNDS
407,734
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
124,227
TOTAL FUNDS
124,227
Net
movement
At
in funds
31/3/24
£
£
(6,842)
284,149
-
116,743
(6,842)
400,892
Resources
Movement
expended
in funds
£
£
(131,069)
(6,842)
(131,069)
(6,842)

9. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 10

THE JOHN HOWARD NURSES HOMES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Investment income
Investment income
Charitable activities
Rent received
Donations
Total incoming resources
EXPENDITURE
Charitable activities
Property costs
Managing agent costs
Other costs
Support costs
Governance costs
Independent examination
Total resources expended
Net income/(expenditure)
2025
£
2,003
125,403
20,000
145,403
147,406
76,171
12,593
845
89,609
2,064
91,673
55,733
2024
£
1,429
102,798
20,000
122,798
124,227
113,108
13,628
4,333
131,069
-
131,069
(6,842)

This page does not form part of the statutory financial statements

Page 11