NQATM MEI*)RL4L HOM
CITY OF LEIGESIER
FW¢IALSTATEIIENTS
FOR YHE YEIA ENOEO
31STMARCH 2fI6
lstsred chltlty￿￿b¢r1YSs82
R8gl$leYed SoGl•l Hou$lhg Provldw Numbor L2793
ATmshous8 As9Ot1￿¢J￿ Numbir 1839

RINL HOMES
TEIAE
Regislgi&4 SO￿H￿Sir￿a Ploy￿rIn10￿natioTh
Re￿rt of ih?Truste•s
A8wrtir¥J Acccwntani'8 roport toth• Tru$t88S
Ststfrn￿ old)we# In r95mS
S1£￿￿0rrt of ¢8shl10
101015
NrA05 10 th¢flnanual slDt8mAnts

Pagp I
Es
FLEI
GPR
VIDER I
Th• Tru¥tso$ cornn￿lI1•
Of M•nag•m•nt
Dr M Solan
MrA Nèi*on
Ll Col JJ VOUNJ
Ih G Hunt
Ars L Inryam
PknJBrya
MrJ B•thi
Mr l Mgrton
Victrcwrman
{Br￿)inted2 D•Gomber2Q24
aTMI r•¥￿￿d EO Fgbnjery 20251
Smfih
(Hon AdrninMlroW. r•tir¢d 2May 20251
P•ol•o*lon•l •th15Qrt
L8kastw ChthtyOryanl$4ti
Society Icharttytinkl
SKr¢I￿ and Trewur•itoth8 Tru8tè08
R8PQrtlng xcountami
AndiBwW
NUYD AC￿nI•l1¢Y Llmftg
Charteied C£rtligd A￿￿nt?￿l
Ra￿On HLyA88
Ha%¥don Terrar*
A9hby de laZ¢uch
LE65 2GN
HSSC &ank p
Westetby lnve6kn￿rt Managemonl Ltd.
L•¢*C41y CowKlI has. tt)? in¢8￿￿etthtr NDrth MBmorid Vnm•s In 1916, boen verylnvofved In lh8 dev￿¢prn0lll
aTrJ succ055 oltho Chwity. 11 &rJoDathaTr North **0. as Lord Mayor ol Lo￿95[￿, Inaugur•t4d Fund
SIn￿that lime LowlwCtyGoun¢il hB4 coniiTrL*d to wlsl the Chath in Ihe proviskn otprDfosslonaeybSe In the
form ol ol Hours and EmergeFKy FIEpalr$.

P492
Tho Tw8￿£6 and Commlllee of Managetnerf ment thdrTQP¢rt iog0lhor ￿th Ihafinarri¥ slatom•its ol thè Ch4thy
fortho yg8rwhdAd Jl 2025. Th•finund￿ 51atwDqntg hpv• bg8n pr8FArod In Rcc¢N*rto the a¢countlng pthcios
8th out on pw¢ io andcomply *ilh the Tiust Dged aNJ L￿.
Thg Chartty 18 cor￿llUt￿O undtsr aTN¥t 22 Fetrfuary 2(M)7 as amerthd bya Sclwe Dated 8 Jyty 2019, arA is
reglgtmad ¢h*ityNts 215582. The Ch•Yiiy 15 *0 aRegM•red So￿￿& HDu$lng Prowd* No L2793.
Th• Ch&fiV$ ¢y19kn￿ obl•￿waS the pwi5k)n of 56H•conlOtned hou￿$10rd4$d￿7gd£K￿￿￿￿Tr ihairla￿fl¢s.
wbo wor• duzfjns otth• Ctyot L¢￿ester, lolkivAng ol tho Fir81 w￿1& War.
Sfvc• thatbrnethe qu￿￿tionS h4V8 fxoadenBd, ¥*11h lh• 3pyDval ol the Cttarfty Commi$$lor*s. W4nd￿￿1he
ol ppr60n, ap8isonwho Putmanenlty physicalty disthgd and in net85$rtO￿ drcumsiances",
a wrsonln r￿￿￿0￿5 circiimsiancos. kn ev￿ Ca8• Ihe r£Sidents￿ aNY￿S urf85s thFiè ate exGvplional
rJrtum5tancps. Thearoa ol b8Dofi1 has b8oD exterthd Irthi Ihg Ctty DI LolL*siw. 10 ￿￿7￿0]kn￿ Gounues ol Ldoeslw5hlre and
FlUU￿th As a rosuY(of a d¢dine in the Mborol lanllks s9¢￿￿9 thè Chanty commenced a proBiamme 10 collvert
each pr(perty 5£K￿l￿a1￿￿11ats. Atiho pr85Énttirn& Ihpre are liyo hMes and ttrfiiyllats.
Th•pwrty oflh9 Ohgrity Is vfsled th tho Olticlal CUs￿dIan ts Ch*li*. The managemth ￿ Ihe Chwty
15 uThl8rtaken by a Q}M￿1tt•D ctynprfsing Ihg Trusmes ￿ thgad bylhe Treasurer SeGY&tary.
Tbe Irusiees ¢ons*tol..
- 2 ex-utfiw TTustsO5
-3 nDminawdTru
- ONJ nolmoie than7 Tru8to1&
Yho Commlltge me41$ at ￿a￿t9U&rtfjFty 8nd ra￿￿￿6 as*lswco Im cllic•r8 ol Ld¢ethr city in of htyJlS
narogntty
Boerd members arg wven an Indu¢tW)ll PAd(vth￿h provkles hloimation ￿ Iha sms, its
on5blu1￿ and tin•ndd poslllon. 1(ythfjr￿1￿￿I1 *ald)Igalion5. They aro th￿rduties by Ik* c￿r
of ihF MaThagemerf 8oaDS.
FIMn¢WI t•vl•Y wodln¥•sknehtpolky
Ai thg comfft8￿emont ol thg Chartty an Endovmsrt FtJThY liar￿fIrred and th18 rnu￿ be rtaIn￿ in Ftrp8iuIy.
IrKthno i89•n**odty ro¥snug from Iwls inYootsn*ii5.
Incom• gllrnod IS used lo and Improvo tho propMLg$ arrtj ofoLM¥Js and any 3thpluthkJil$ tr￿le￿￿t00
RtV8DW ￿eSeN& Fun
Tr? wwèstment 51rat4gy ts 18b￿￿ed r•wlafty aTrdrJjrrenl￿thg pfimtsry Is kn ach￿¥& Incomeiwth mlNmum rith ￿k￿Ls1
58WroJ caw9t0￿.
Ills thè th8 Ch8rfty Ihal freo re$w￿3 sI￿j b• n￿￿￿Odat￿￿ ttptiv￿n1 lo month5 tpB1ts￿n9 Costs
%%ilhout itomo Irom Weehty M￿ntI￿anC4 Ghargts IWMCI.The Tru819u$ wnsider Ihat 199etves al th￿ l¥vel W￿11 en9UTe IhBt,
In theoverf at a¥WW￿￿Trt iwjuthn irs IrKome. IhEy ￿]1 bB ablEto conllnup th* Charity's ￿rrent whlh consideration
18 glvoll to ws in vthith addluonal Income rnaY￿ pengr￿ed. The Tw5te&s ai80 thè ne8d Ic¢ wwe5tmeni inc￿¢10
fflfrfany excess of ¢￿t9 g¥9rWN￿ InconTro arvj have rtsolY8d to mwnialn reserves GthNclgrttD g•nernlO suth inGgme. Howwer,
il b not al pr¢senl lo dptgrmlno a Itgure for Ire* reseTve5 as P40rt* Marnarfal Horrnes has bèen vndertthw rnaioi
r8fuYts8￿n&mw9rtCvknkth i4 ￿￿1 yel c4nEbAets. The lev91 ol r￿￿e5 *ill b8 kepl uThJtr ￿viewthrOUghts￿ yearby Ih•TM4180s.
Exwaordlnary RfjpDlv Fund IEIIF)
ThL5 restr1￿¢dfUnd ￿ 10 be lor luDj￿ ￿￿Or￿erA￿tUre projects. TrdtsIets￿II b8 madg ITOM Ihg and EXPend￿ur￿ Accuunl.
￿nd Irm$ pwt ol it* Its¥osim8rtwrrfoliD. 11 can bg drawn UPDAkn m•el Majorit￿n% ol i¥)&ir as nBc•ss•ry. Thg Twsiep
havo dscTellrAItO rnBkJ luther centrtbulbrts ¢0 the lund the r*ed ￿sts.

Pao• 3
REP
TEES
CydSrol M•knl•n•n¢o fvnd ICM
Th8 tsesiqnated lu[￿. iovthkh trnnsfers ave m•de trom knLyJn¢ a￿* Eyndilure acwnL Is lo mq•i M￿n￿n￿￿r
GO8IS (tturrillg atTegLl8r Int￿vats.
Th•tavpl olfuThJB held ID Iho HDk6d lo a proDiamm8 wIWw111 up onc8tha
iefyrbkBhmeM wrks are Comp￿te.
Enttowm*rt Futhd
The endowmartluThl &88ets conwrbg tstine 8rndlundon￿ p￿partIeS ol North Uomorf•l 8ndA# endowmant
inV￿lm￿nts. Anypthl orlDss arl¥ing trtyn revduabon or ol a686ts 1$ ￿•d to tho 8ntkThThqntfurt •ach yeAr.
COM￿lments
Tho TrLk5te8s wed upon a malor pragramrn8 ofworky invofvinp tho repl￿ener￿ oflho *ind￿ arKI doors to 411
K*yrNÈs, improv8Ments to thè Ihem?a18Nl￿OrKy￿h8rtr n88dgd and Ar6dwghJpmBnioI rwts bhJthstOD)nvert dghl
ay￿be￿r￿m Il&ts irto t￿tr￿drOOM onBs. Th8 pro￿4￿Me ol ￿￿[k8 w45 onwng throughoutlhe yp¥.
V•lu•lov Mon
Tr￿￿eBs r￿&￿￿j the yo￿￿f￿r mon•y ¢1 th• operation ol the HDmaS and have14id regardlo guldanE8 froffl
RwAataT Ot Social Hw#lngvth respect Its houwng prO￿d&r&. The t8Gommondgd vdu?for mDneylnd¢aiors SPErAi
in gLida￿0 aro Inc￿90 ID ihèse a¢¢iKhiis.
ThelL￿gement ollh• T￿￿ta8¥18 th01th￿e knolcaitys thdonG& Ihaitho H¢me& hR8 strong profil itqrnotPthym8nt
covw and I￿ul(lty.
Th• TrUth8$t*￿ ro¥￿V￿1th￿ state ol tho tsu1￿￿ Stod(res￿lI￿ in a pknned pragramm8 ol and
m¢dOm￿all0n. Tho VFM Lndi¢atois ￿11 b• lo •nsui• Ihal lh9yr￿)a1n ¥proprlat• k> a modemLqed alock.
Tw8teEs have •MtThir*dthe maiN strlllggK, tNJsinfrss 4nd pp￿10￿￿ r15ks th•Gh8Ftytaco8 and confirm
Ihat ¥yÈi8Ms have b8fjn 8ststJtshed to enable rggLd¥roPOrts lo bo k¥4dur*d Bo Ih*t noce4Rary stops ran b• I
101+559n thes4 d5ks.
Tw•leFJ' mpw8lbllMts th ¥el•llon to th• fIn￿¢1￿1 st•t•monts
L8w4pptscllbL#tothe ¢haMy requiros Ih0Tw$lg&s lo preparo t1nancl￿ $taiomani$ lor &aGh fin2rf181 year*filch 0￿1
a bue I&￿vIeW ol ihg Ch*ity3 linancK41 athl1￿ ￿T￿y1th9 ye•r and ol tts tinand￿ posith aithe •nd of thè
yeHr. In Prtparfno Ihgse IlnancSal slai8men15 thè Tru$M8s arb requlredlQ'.
al sLiiabl• awounkng Polk￿ oral then apply Ih*n ¢on$I5t8Tr1￿'.
bl MthojudgetriBnts and estimatss that IFwnob1a and prudent.,
¢1 Sl8tew*eihgr wIl¢ab￿ 4¢counliw 3iandards stslorThEnts ol rwIMqn￿ prxU¢e havo boen lo10%sYd sthi8GIIO
anydeparture*diseknsed fjW&ngd in Ihg fina￿3￿1 gtalements.. a
dl PrepAF•lhe lity*ty￿ slthrnent& ontho going C1￿9M basis urd6ss it is inwoprfots 10 F¥e8vmg th41 thp Charfty
l fjonl￿ue in buglnes$.
TheTruJtée$ are m9p￿￿1bi8 keeplry ￿OrdS d18¢108? reasonatl£ Lcwracy, ai any limè. th&
than￿&b￿SItIon ol t1￿ As%)Gialk)n, *ffjFatlwvJ Ihem ID oDsurè Ihal Ilnandal slalaments COmFlyvAth iho Hoyslng
Acl 2008 and th8 A￿o￿n￿n9 Thr8ctlon foi privat? regi%i*d provldgrs Of￿¥¥ houdry 2019. TI
havb aen¥al r¥Bpwuny loriaww siws tosafogjard tho ass¢ts otthe AssoGi&iion and 10 prev6nl 8￿j cbl¥Ct fraud anr*
othar ryuL*llles.

Pago4
ES
po
OF
NUED
YE
•¥[￿ ol th•
The Ilrwridata*monts forlhe yèÈrortr as Atuched ar￿ sts)w an optiatiw tle15¢ft for th6 yearbecaLBe ongo
prooiamm• ¢1 r8lurtrishmontwo￿s 10 th8 homB¥ ￿ wofrf ne¢¢ssary lolha NDfih F*rnes Hal the ¢1 thF
Ihitytiv8 yè8Y *a8a10 08dty EvangellC￿ Frèg Church. NWIIa￿0n$ are on-gDingwhh Oadby Ev*oelcal Fr¢e Chuich reg8rrM
a n8w18as•. Tr invgslment portlo4D rothjcgd inlh8 ￿ar a$ lutYJ5 ￿tl¥jra¥￿ to UDLlwtakelI￿$g wDrts. Tha Trusleps
afeathed by Weswrfdy In¥wm8ni Man8g•m8nt Lt0t￿lhT8tt0￿ manatyn9 tho PDrtlrJkn.
TheTr9￿r0rI￿aSTth th8 Twsi•esto #el a bthJ8t •¥h y¢arioiake ofthe knve5Mwnl Inc4n8 neeoed llom the InV&stm￿ts to
suppIBmentthe income rowvatrlg from houslng. TrETru5te* keep thB irne5t￿ furvjs wdw¥£viwlo engLffO suttl¢￿TrI r699rVO5 ar
avoY2bl?to cwry outthdr le981 respon51￿lLe5. Th Re5eN8s Pomcy I￿11 ￿ r•¥l8w￿lurth3r0r￿e th8 quanttm oftha r•pabB ar
The Tn￿￿$ engagB Ghadty irn o agra•m8nlforr*aklty *Jmir•sirnlion. woemy maltfteMn￿
tIllan￿al managemert 8eTtha8.
TheTruJt*8$ lour MRnaoèment Ihe ywall h pllracnln klemori￿ Home8 H￿L
A n*wTwsioe lohBdlhe Board h) Novopnbpr but uthfortunatdy had to 195W lorpewal reasons In Fd)ruary 2025. At tho
yeaT qrKJ there wgio three ¥Bcwncig¥ onthe 8¢wdofTrusiee5. are bBSty tak•n by tho T￿$t￿810111 th￿¥£ca￿ls.
The AthinlstratorvL*ks Ihe Hcthe8 aTrY reports any cowerns to thA SecrÉlary Bnd TriK4ts86.
Th& Wetary ¥lsilS th• HDrTh09 ¥*then nacossary. TheTrust•6$ and Managpmonl Cumm1tt80e￿Iln￿ lo WO￿ towards
Ihe rn*ntenarLG• Dt hloh iwAs of Jer¥lce and st*(krds.
Tho grouT* ¢Crtlnue w b• ￿gh stsnthdby"E*i¥e8n" c￿MPlet¥ S￿C•S.
Noth Memorfol HoffloscDniinuest¢ its w websi￿*￿ica wa$ updatèd tN$ year, Inf￿alKin ihe HDmgS.
and prDsP￿v9 appll¢*ts are atye 10 doymb￿ LY rtyuesl ar) Wcalon lorm.
nglhis yw, re￿shMen1 ma1￿8￿￿￿?Wdj ¢arriad out oft propw￿05, ar￿ in part￿U￿r, the repla¢went
DI and bathrooms lo meet Ihe Mffl93 sianda¥d. Tt* Truslws awweol
accommoddith ond iothe $c￿m￿ weig amended In J￿Y 2019 B￿h thai Ihe'Arnaof Be￿111. tow
ol Ldcqstor6hire Ruiiand.
In tho yw. th? conl11wj￿ 10 ¥th￿th Oadby 8nJW¥$ton knugh c￿n￿l ¥*ilh r￿ard 10 ￿anDing prml&s
r*•ce *indo%¥s doors to ￿1 pioperb8Sto th8 ol the p￿pertIeS. Approval was grantsd and ihtr
011￿ neW￿1nd￿￿E atkl door5 has bEgun. Th proj8¢t lo ¢￿V9￿ ethl existing one￿0￿r9￿M Into ￿0¥bedrOOM
on•$ in lh• y••rand newlK* arg now hjlly 0¢cupI￿.
The Tw¥te8$ orts adv*ed from lime totime on fi•wdlrgciiv85 Y4711wn thé $8¢ior and h4vo made 6c¥Y0 pY8paraUons
lorth•lmrlwM•nl&lon ol the •ow Sodal F&wsiw Acl 2D24. Awaab's Law and Renlw Rlyht's Bin. Noth MBmorfal Home8
¥JOaVDWto wguveth* eppro￿ate pr(￿dureS a￿ adoplod rfjlevanl io th9 size of Org￿￿$•￿￿. In con5tderiDg tho Valug IOT
Tru$t£es prac1￿• in en5urlng property COBts are onty inEurrtsd aft*f 99vW￿ lènders are ¢blBiMd.
F￿rthPl￿OTÈ, aTty In¥osimonts ary Sw1&b￿ apww5ed. Weekty Mahitenanrg c￿llIbutI[H￿ fol￿W ¥pro￿al￿ guidaytt.
The oroanisation ¢PBra￿S undgrclgarty do1h￿d rulBg wovktsd to al oc¢upwl¥.
Apyov•d by iheTnJst8e$ and M￿ymon1 Gornmllloe an¢ E￿n0d on bEhaM by."
OEOq L
S¢la
Oaie

IALH
NDEO 3
CH
A¢￿U￿1￿n￿È rqport 10 thq Truth•$ Dn the ￿aLk￿lled*¢w￿lS
I rfjpon to the lius￿£S on ar￿￿nIS1or Ihe yoor andBd 31 K4*ich 2026vthh ar• setoui ￿ pw 6t0 15.
Re¥o¢tlvb rn¥poMlbllll*•$ ofthp Tru*teès and r•po￿nI •ecoun1￿1
Tho Tru5toe3 ol lh• A￿st£ve￿I Hvuslng Provxler arp r9$rA￿sINe tor Ihe propard￿On ol ￿ accourrts. andlw co￿48r Ihal Ihe
Ster￿ SLwial HouBiNJ Pro%lder19oxofflpI Iiom an audit. my i84ponsi￿lItylo C¥ry Out ProC￿￿e6 doBk4ned to enab
me lo rewrt my cyinkn.
B•$lSotopl￿oTh
y proGthro1 ￿n￿$180 of wmparing lh& aLxounts *ilh the a￿4￿11￿ rrtords kopt ty Iha R8glsiÈred HDLdw
Pro￿Orand 5￿ch 6roulTi&S ol IhB Olli￿$ of Ihe R8u¥sler8d SOCI￿ MI￿81￿0 Piovidgr as I condthied ntCtr58
lor the puwo•llhLq report. Th858Ptoc*lLW95 pmvid& only ayduran¢e exprwed in my
Opknlon
aCLOL¥ts yw ended 91 MarGM 2025 In accordanrp Ihfr 8c(YJuntillg iKor¢s Keptby Ihe HegtstqrBd
S£￿31 Houslng Pmider parnwh 13512)lal of HoygknD arwj Reg8neiAtion Ad 2W8',
Onty to. Dn the ba%Ls ol Ihe inf4miaiion In Ihw ac¢owbng rwrd8'.
aCco￿ts oompw th Ihe rtyLirwn•nl$ olthe Charffjos ￿1 2011..
Ih? SD2ialHouskw PrOV￿er has sattsN8d Ihg¢ondition8 loroxernp150n Irom an the arxry
loi Ihe y•ar gr￿ed 31 March 2025 spofAfjédth sethn 136131 of thg Houskn3 and A8g•ngratkn Aci 200&
the accounts ciWnply￿)th the Fttyiromenls Df the Hou$kng and Rewerot*)n AGI 2008 and Ihg ktQUnllng ￿rec￿ortf
PYival8 reystered VOVLdgrE o15o¢ial houslng 2019.
Arthww Statit
Reporbng Ac¢ountsnt
t1￿0 AL¥ounlancy Llrn51ed
Chart8red Certiti8d A¢countani&

Pago 6
IALH
LEIC
co
YEAR ENDED 31ST
231.383
177,977
TURNOVER
1925,7421
1989,$811
OPWTWO COS73
1694,379)
1211.5741
OPERATWG IDEFIUTJ
16.051
25.761
13D.068
teceivabk onds1rnl￿ InBorno
(De¢r&aSe￿n¢r05sa In value ol knvesim8rAs
Tor￿ COMPREHE14$1VE (0￿1c1T) FOR THE YEA
1691,¥51
15&7451
ol Ihe 01 the Chanty aro t￿55•d as ￿Th￿n￿1r0.
TIw1kna￿aI&lalWnWtsw8lO approved ty thwTru&tooi Erdlhe Comffylloe ol Managemonton........
aThl are 8ignthY on ty..
oGo
ialrman
Da10
Date
Tru5t8b
nots* on pa￿ 10tD 15 iomi pthrt ol th•*frffj￿Thll1￿ St•t•mw

Pago 7
ORIAL H
ME
OFL
OF
QES IN
YEAR
D31
n¢
AI 1 WI 2023
1.468.638
904270
2,372,
DolYytfTh Ihe y
155,7451
165.7451
Totsi eomprthwl¥• Imom
1.468.É98
848,525
2,317.183
Inv8*mgnl revalu&ib)n
Transftt ol 8XPBndibJr? from Extraotdknary R•pdr FUNJ
113.879
167.4691
1113.8791
67.469
Al 31 11or¢h 2024 and 1 P•rtl 2024
7.495,048
822.118
1317,1&3
DA11￿ lor Ihe yEar
ie91.9451
1691.9451
Tolol ￿Mp￿hèn￿fv• In¢omt
1,495,046
13O.f70
1,02&218
Invostment rqvaluaNon
Transfer ol 8xpeThliiufg
Translerl)frtyrnen ILthd&
116,2281
1591.7431
16,228
657,889
175,0001
166,1481
75.CQO
At ¥1 M*ich 2025
887.077
729,287
1.625.218
lThe on ￿gè* 1010 13 lotrn p•n allheseflnonc￿l 8i•i*n4nts

ME
IAE
FLEI
FIXED ASSE1¥
U51ry
MputarwA￿w￿r
&llltlng8
742,121
825,795
217
742,338
1,013.256
826.072
IJ09,819
¥￿tr￿*r￿S
1,75&698
2,3U.891
(XJNftEb￿ ASSETS
io
24,816
107,149
13,731
124,435
Cojh &tb•nk•￿ In h
131.965
138.166
REDITORS..
Arnounls laUln9 *ithln ¢￿year
t2
1135.2nl
126.986]
NEf CLTIREwfiLlhBIU71E8VA55Ers
I3.￿}
111.230
TOTAL A8SEf9LESS ClIRREMfu￿LrnEs
1.751288
£447,121
AEDMRS..
Amounts taifing (*J8 after mro Ihan onB
Ja
1127.0701
1129.9581
1,625,218
2,317.1&3
AESERVES
A8$11ided reaervfrs
CycllrA MaT4#OWlCe
Rwue ros9￿*
16
18
f8
887.071
8.854
729,287
1.495,ode
822.115
1,625,218
2,317.183
Th098 fknoncwl gl•torwnls 8pprov2d by lh8 Tru4g¢s and Il*Commttt80 of Man49enT￿l ryl.......
svJned on tsIF behalf by".
0(60
Chwrrnan
Trnstèè
Thv notr# on p•ge¥ 10 to 15 loim part ol lInAne￿ •i•lwTrorbt5

P4tr9
1ST MAIICH 2025
14Btouh Ilow op•r•lno *Gllvllle¥
15162611
12X57SI
C•6h fl•wlrom IrN•615n9 ￿￿￿lIes
RefU￿iShnenI of taroble fixed assets-
hous￿g kYwrti?s
Paymentstc awuire ww85lrn￿
Racopts tr¢m tsa￿$ oflnvasimen
Inleresl I￿8￿1
ISOB,794
12&0601
02,*5
25.761
1118721
495,816
16,051
49&995
Nol (d•¢re&￿) ¢•sh and c¥h equfvalent•
lJ7.2861
CaBh lhd 2qulv•l•M* tht 1 4wll 2024
124,485
C•sh cash équlvijents a131 2025
107.149
12443S
CAsh ¢a8h aqulvalenl% COn￿t ofr.
Caoh ol bank 8nd h h
1Q7.149
124,4
C••h 11owfrom opwauhg icll¥ftlo5
ID•liitl IL* tha year
Adjustrneni$ for Mn*ash Ilorns..
Deproclavon on iang1ty8 flx8d asto
0￿SailO￿ olgrants
IlfjrJeas4yd8creBSO In d8blor5
IrKréa$elld￿rètt5fjl ￿ ryediiors
1894.379)
12t1,$741
83,734
12,8881
Ill.￿)
108.337
83.748
12.8881
31946
1516,281}
(2WS751
Thp pEges 10 ta 15 Iorm part ¥Mtmnl•

P8gi10
91ST M
ACCOUNTNQ POUeE8
Th• fdlfviry awuntir*J poTdos have beèn LL8ed cL*Jtst¢nI￿ In de￿ing￿lIh whlL* are te￿wOr8d
matsrfal In relati￿ to Ihe chArit￿8 finanda 51*0m8nts.
The ￿￿or￿ Hom&8 ljtyol LeWt8r wL41qred provldorof so¢1￿ housthg in IhB Unll
ngdtsm.ThD adthe¥s ol IhE ￿91118￿￿ gNJn n tho Chwl¥s hlormattyynon pwa6 i ol the¥e
Ghty con*¥Jte8 apubl¢bgnelil asdelin8d by FRS 102.
Thoflnartld tstalenKnts hm pr8pared ID a¢widanGè w5th 8ppli¢at16 aCco￿￿ng staTrlar(ts Ind￿Ing
Reporing 102. thg Houslro SORP 2018.. Statement ol Rrycommend8d Pr¥tic4 lur Rwsterwj
Swal HO￿1￿ Pro%rydÈrs, the A￿oUn11r¥J Lhr8¢lbn Iw the Tthvale 1oW5teréd PTov4ders loy sacvdl ho￿￿￿] 2019.
ThHse finaThclal slat8men18 Ar* altso prppaT•d L￿derthe r8qu*em8n15 01 tho HGugin9 R8ggne¥alkn Act 2006. The
Imandal siatfftngnts haw b88n prèp3TOdon a gdng ¢Dnc8m bask undorttrtshtst0rk￿ ￿$1 GUn￿r￿￿Jn. modilied
loincwe ¢ortoin itgffls ai laK¥8￿e. Th8 ￿llar￿81 slOt8ments ar¢ m8rgd in knllng, lh8 GLYf8ri¢y
Dtlhe RegiswFed So& Houiing Prowdei, wvj mundod lo th¥ ￿are$l£l.
Ttssv•iflca￿ awDfjng polc*s apF4kgd In Ihepweparation vl Ihw finartcl￿ stai8m8n15 we i•t¢xrtbdv*.
Th￿ poKd¢s hav• rAxst&lenlty awhéd to ￿1 ypais prèsarted unlw stats
Tuinovgl roprwnts rerrtal and L*￿ge kn¢orn& r9[¢￿th inlhe year.
Hovslnp afe 3t￿￿ al cc$t Ig55 Nreurwlated IJBpre￿aV0n. Cosrincbde$ co*# d1[￿llY91tr￿
to n)*kng Iho 8ss01 cBpaN• Dfoperating ¥s Intenthd 5u¢h &s th8 cost ¢1 and Wlthngs, do¥ekyn8ni
Gu¥￿, tharGw on IoBnsduAng IhB perfr￿ 0Xp￿(l1ure on irnwovements.
Depra￿alh5n [8 Yo￿￿8d on all i•￿ble Ilxgd a68èts, alr￿0$ ¢althlatqd to wrfte off Ih9 ¢061. kn ￿lMatsd
ro8lLkMI ¥￿￿9, of gath as￿1 ￿ a Sy$ltmAIIGb&9i5 DVW ils ex￿cted uselul lrfe as lollDYrn'.
u*ng prop￿Y￿￿¥trS￿￿s
Re4fODfino
10 Yea￿ slrllpaht Ine
70 yèar8 Stra￿￿1
3yeais stralgbt line
2￿ weduBIFy
Flxtures &fifth￿S
So¢lal h￿1￿9 gi•nt •Dd oth•rgrani#
Where devBWnBnts havè baen fmarKed Yknolly or p&rtfy by Slld￿ housing and Oihèr grnnts. the amourt otlh•
rellai¥ad h&¥ bepn Incl￿ •5 dgleriod Income Yacognlsed inTumover over 11¢ esiimated vseful Ilè of Ihe
as$waiod a88ti$irucwre InDI1&n￿. underths ar*AuBlJ mo￿. SHG recwtd tor items ol C￿ wiitten off in thA
StaiernFni ol Comprehwtsfve In¢ome A¢wl i¥ Inc1Jd￿ as p*rt ol Tumo¥er.
Whon eocial Hou•ing Gf** ISFk31 In rOEP8¢1 offvD￿1ry pro￿fftS in Iha courteol ¢Or*IrL￿On exceAds Ihe lotal
COSI lo datsol thos• Iha eX¢•SS 18 5hDwn 8$ auJrrBTht liabllty.
SHG mu5tb8 i•GydthJ tytheGwup ¢mder¢8rtain coTrditsons, prowrw Is gdd. orll arnther rthanl tskes
ace. In Iho¥e cases, Ih8 SHG can i* u$Bd opwo¥ed by th¢ Homes 3rd Cornmun￿ Agency
Greaw LonLS>n ALth￿ty. Howpvor, SHG May trAY810 b8 rep￿d K ¢ert*n wndibons aTe nul rn81.11 ihB grant 1$ rot
Iv be recydéd or rewN4. any unomordsad grant Is rocoon￿d as TunKvgv. ln wtainclrcumstanr￿. SHG
may be rqpayabb. ar￿ ￿ Ihat ev•trt, ￿ o iubNOnatod wffj8cur4d rway8bkry dthL
InVe￿m￿￿81• Siilxl alrnark￿ vakw4¥1th any$w•J8 Mrcosi b￿￿j credhd Sl8ieTn•m of ComF¥theDsfv

Pa9A11
YHEN
EMORIAL HO
ES TO THE FIN
EKrs
ST
ACCOU1￿1￿G POLI¢ES
Thesewmwlsa Iha end0￿￿t lund 4TrJth&exlra)rfAn&ry rwrf￿r￿.
An¥$urp￿S ordofidl on dL$p￿1 tsf lh8 Inv88tments h%bJdlrB lov9￿&110￿ hobl a5 part ttltho mu51 be
fran5t£rred from re￿uP reEeNv.
ei%1 Dn the mortgag81tr4nlinawng i dg¥doprngnl is ¢apitasgd lo ol practiCal￿M￿at￿ ola
proJeu.
£*btOT4 ¢MthlOVB ro¢•lvabl•l payabl¢wlthln
Debiots and Cr￿lI0r$ With fi0st8ted lrtar8sI rale andrecewabl• or Payab￿ *ilhin one ye*rarpJ8cDidgdal
trinsaciion prfee. Any loss¢¥ w$ing fiom irnpalrrnenl alè reeognitsd In the slawmfrffl dcomprehgn6fv• Ir￿0
heradmislratNe expense#.
OFFICERS
Avwage ￿nbEr01
HonDrarfA￿￿tJ￿SrK)thS yèw
6,152
4152
Th&tsuBt•Bsdld noi r•¢9￿8 any r8munpraUon fjf b8n8f1￿ trom emrJoymvntTrhffth th8 charity.
IURNOVEA
Rants re￿￿*bI￿
AM0￿s￿lIan olgran
211,288
2.888
176,195
2,888
214,176
179.0
li Ilossetsl trurn vo￿$
RI￿1(105Ses> Irom badéebls
14,DJ81
112,8541
214,176
181353
othArwm8- hire ofhall
(Xharlrwn•. Lce gani
17.187
14,620
231.363
177.977

Page 12
OAI
Yo
FIN
MÉPITS
AEND
31ST M
DI￿ prop•rty rnan8oemeN rxl
thithalive C￿1&
82B.974
98,788
.218
63.333
925.742
389.551
DEF￿lrFrhRTrt YEAR
Dglhyl lortho yw1$ suèd altor¢hwYJi
Roporuryo accrrfjntants r•murKrafjon
3,364
3.276
83,746
TERESTRECEIVIALE M4DSIMILAII
lrt¥resl an t￿er aei¥JL¥tt
eresi on ¢*pos
wfystmenl if&¥2mo
340
1.85Q
13.661
2D,786
16.051
2&761
TAXAMON
North Memcnal Homp5 a Rw"s¢er9d Sor4al HOu&￿g ProvvJBr Walsts a A09￿1￿8d (*Brtty ex￿p1
trorn taxaiion.

Paots 13
THE
RN
ICH
rNAGIBLE FiXEO ASSETS
Fr••hold
hou*in¥
proptrrtl•*
ulprn•nt
Ibttlnqrs
To
At al yoaT
Adc&llons
1.5S9.128
1,744
I.￿2.422
At£rbJ Df ￿8r
1.599.128
1.744
1.602.422
D•pr•¢lMlon
At bègirtnino dl yèar
(*arge loryear
778D33
,674
1.744
776J50
89,734
At énd of yoar
7.007
1.744
1.833
860,081
NBt boDk
At31 March 2025
742,121
217
742,338
At 81 March 2024
8&.7S5
277
826.ord
XED ASSETIIIVESThENTS
Equlll•B
COF
Tot•1
arkel &t be9￿￿￿￿￿ of yoar
lions dt ¢061
Wllhdrawals Irom tho fund
lu¥JldefiEftI on r8valuath)n
582.037
12,872
1495,81fj1
4,813
927.7B2
1.509.819
12,872
1495,816)
113,61
118,4301
lthal Valub al ètKI ol yqar
108,gC4
9,352
1.013258
The Wgstgrby wivgslm£nt h¢lud•d in Equ￿e6 has been Ireatsd as a rnanaged lund. As a resL*, th•
Invosimèni ID IhB lund has d￿clOS•j a5 OFpowd 10 IhB ￿￿d￿al sharehO￿1nDs.
10. DEBTORS
R8ni affears
PropayThfrnts and &¢ruod I￿OI1Ft
18,$86
6.230
9,643
24￿16
13.n1
11. AT BIHK AND IN HAND
Cash in bank
Cash hold th deposit
6.000
107,140
124.435

Page 74
THEN
ICES
TEMEN
D31
12. CREDITORS: AiovKrs F￿UtKI DUE WITHIN ONE YE14R
Tr&(* I￿lI10
A(tsuaL4 and d8l•rred IT%X)m8
1Q4.94B
30,325
4.516
21420
13S,273
26.936
1& CREDITORS: Akioupif8 F￿LING DUE AFfER klQRE
THAN ONE YEIII
Social HoLFing Grant
127.070
129.95B
127.070
129,958
Mortgage are athpnced aUt￿rItieS or the Homes 8 Cotnmunthes Agency ano be￿ Inl•re51
at apwoyjmaiely 10% w annum undartho tgrrns ol lndmthJ￿ mortgag0 dBed5 in ie5pect of eath proporty.
dD¢•S we availthe only respKt ol IM)se devebpments whth ￿¥8 been gvan apkwoval loi sodol
9Tafil by thg Hoffi•& & Commur*ll?$ Agency.
I& DEFERRED CAPITALQRW
At 1 Aw12024
edto Inr/￿E in th8 year
129.958
(2,8881
132,846
12,8881
Al 31 March 2026
127,070
129,958
ourl lo bo ie*ased < 1 yBar
ourt¢Ju&to be > 1 year
2.886
127.070
124.162
127.07Q
12&958
I& HOIffiINa AGGQMMODATION
N￿Th￿r01
35
35

Pag•15
NORTH MVAO
CITY OF LEicesT
CIALSTA
11. A14lLY￿s OF FU14PS
Al 1 April
2024
At 31 Marth
lor yw
hwosimonts Tr•sl
Erthwm&nl fu￿1
E￿r80rdEn4ry rewrlun(J
6WJ,229
801.819
I2D2
118,4301
89&431
191,848
1591.7431
UnTr￿T￿t•d funds
Cythd m•hienance
75.000
r/5,0001
8.854
729.287
822.115
(34.0561
16&8
691.945
1.625,218
Thé TruSt¢es ha¥edecklBd on an inHlal iransler DI È75.fNK) Inlo tha Cyclcal MalntenAnce fund.
Th• irnnsl¥*ql bo on an antw￿1￿8.
17. LEQAL 8TAnis
rth fr*)mes is a Aegiytergd nurnb&r215502 and tho s￿￿1 HrAJ8lng Pnvld8r
L2793.
18. COMMITMEln¥
Th? Trusl095 have agf8gLI upon a major priyarnrne of iDvofviw Ihe r8pLic*n&nt ol the doors
> Bupropthes. Imp￿¥￿Them8 to the thgrnal el1￿lenCY￿her0 neodwj aryj a i£devdok¥nent oth¥0 ￿0￿￿¥ ID ¢￿V￿rt
•*hl ¢xislin9 ono-badroorn Ilals into fvbe¢knorn one$. The Y￿S￿O$ obtsined ￿11￿01￿￿ aAlconBklgrtholtne
¢osiwll b8 awun¢ £1.23rn. on commenced In January 2023. C*1 costs tothe y•Wfnl ol £B07.659
hav8bè8n in¢uryed. ￿819 shown as Freeho￿ prDwty in wle &
19. WILIEM14TYINSURAIKE
Th& Charty purcl*sed Insur￿• * a cosi 01 £458to Indémftrfy IhB ItU51ees and officw5
ag*n51 th¥￿￿￿e4ue￿Gv$ ol ne9￿Ctor detsuh on their parf. Apwoval lor Ihis was TeG&¥Ydlrom th• Chjrity
fA)mrnEsbn.
VILUE FOR KEY
Rèirbveslrnent %
Nowsugpty ISrKW Housing Units)
Ne%v Suppty (Non-soGh21 hOu￿ng units) %
S1%
0%
2.7%
0%
cs:
Jelllc 4=
Mqtr¢ S..
Metrc 6a:
MothG 6b:
EB￿DA MFII IMierÈ& Cover %
Hoa(1￿4 SociEI Houslry Go$1£
op*￿ng Isorad hrAJ8lw %
Owating ktsrgin %
Flelum on Employod%
eii,130
.72.L15%
.312%
.257.44%
-259.1%
-39.49%