Hind Sisters Homes
Financial Statements
forthe year ended
31st March 2024
Charity No 26440
Ireland6tompany
Chartered Accountants

Hlnd Slster Homes
Financial Statements
31st Marth 2024
Charities Act 1993
Flnancial Statements
Hind Sisters Homes
Cropston, Leicester
Registered Number 26440
Report ot the trustees for the year ended 31st March 2024
The trustees presenttheir report along with the financial statements of the charity forthe year
ended 31st March 2024. The financial statements have been prepared in accordance with the
accounting policies set out in note I to the accounts and comply with the Charity's trust deed,
the Charities Act 2011 and the Statement of Recommended Practice ISORPI.. Accounting and Reporting
by Charities IFRS 1021.
l. Strurturei governan¢e and management
111 The Charity was set up on 5th December 1924 by order of the High Court of Justicè, Chancery
Divislon.
121 The principal aim of the Charity was to erect, decorate, furnish and maintain almshouses.
There have been no changes in this objective during the year.
131 The particulars of the Trustees are noted below..
Name
Stephen J Burrow5
Raymond Hale
June Hallam
Revd. Matthew Gough
Christine North
Jeremy Clear
Susanne Grantham
Mrs Jane Westby
Addrèss
Cropstone House. Cropston. Leicestershlre
The Stables, 105 Matn Street, Nailstone, Leice5ter5hire
l Quorn Mill. Weavers Close. Quorn, Loughborough (resigned 10th July 20231
The Rertory. 157 Main Street. Swithland, Leicestershire
137 Station Road, Cropston, Leicestershire IresiÉned 10th july 20231
61 An5tey Lane, Thurcaston. Leicester
137 The Ridings, Rothley, Leicestershire
40 Leicester Road. Thurcaston. Leicestershire (appointed 27th March 20231
141 Clerk to the trustees
Mrs l Friswell
151 The professional adviser5 of the charity are as follows:_
Solicitors
CurTently vacant
Bankers
HSBC Bank plc. 31 Granby Street, Lelcester LEI 6EP
Accountants
Ireland & Company Limited. 2 Nursery Court, Kibworth Harcourt
Leicester LE8 OEX
Archltects
Currently vacant

Hlnd Slster Homes
Financial Statement5
3tst March 2024
Trustees, report
Year ended 31st March 2024
Oblectlves and actSvltles
The objectives of the charity have remalnèd unchanged throughout the period. The Almshouse5
have been maintained and made available to suitable occupants in accordance with the alms of
the scheme.
Revlew of the year
We are pleased to report another Successful year with income remaining at similar levels as
previou5 years and overall runnin8 costs showing a slight reduction. The investment portfolio has
continued to perform In Ilne with expectations.
We continue to review the condltlon of the estate cottages and schedule any necessary repairs
and improvements. It is encouraging to report that we continue to operate at full capacity.
Trustees, responsibilities in relation to the financial statements
The law applicable to charities in England and Wales requires the trustees to prepare financlal
statements for each financial year which @ive a true and fair view of the charity's financial
activities during the year and of its financial position at the end of the year. In preparing
financial statements giving a true and falr view, the trustees should follow best practice and..
select suitable accounting policie5 and then apply them consistently,.
make judgements and e5timate5 that are reasonable and prudent..
state whether applicable accounting standard5 and statement5 of recommended
practice have been followed, subject to any departures disclosed and explained in
the financial statements,. and
prepare the financial statements on the Eoing concem basis unless it is inappropriate
to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disc105e with reasonable
accuracy the financial position of the charity and which enable them to ascertain the
financial p051tion of thè Chartty and which enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the
provisions of the trust deed. The trustees are responsible for safeguardin8 the a55ets of the
charity and hence for taking reasonable Steps for the prevention and detection of fraud and
other irregularities.
Investment and Rlsk Pollcy
The Trustees completed their review of the investment policy and no changes have been made.

Hind Slster Homes
Flnanclal Statement5
31st March 2024
Reserves Pollcy
The cost of the property refurbishment was met by a disposal of shares to provide additional
liquid funds and the transfer of funds from the Church of England Deposit fund to the Charity's
current account with HSBC.
Approved by the trustee5 on
and signed on their behalf by..
R Hale
Chairman

Hind Slster Homes
Financial Statements
31st March 2024
Independent Examiner's Report
Independent Examiner's Rèport to the Trustees of thè Hind Sisters Homes Charitv
I report to the trustees on my examination of the accounts of Hind Si5teis homes Charity for the
year ended 31st March 2024 set out on pages 4 to 9.
Responsibilities and basls 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 20111'the Act'l.
I report in respect of my examination of the Trust's accounts carried out under section 145 of
the 2011 Act and carrying out my examination I have followed all the applicable directions
given by the Charity Commission under section 14515llbl of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to mv
attention in connectlon wlth the èxamination glvlng me cause to believe that in any material
respect..
Accounting records were not kept in respect of the Trust as required by section
130 of the Act., or
the accounts do not accoid with those records.. or
the acco(Jnts do not comply with the applicable requirements concerning the form
and content of accounts set out in the Charities (Accounts and Reportsl Regulations
2008 other than any requirernent 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 under5tandin8 of
the accounts to be reached.
es. W. Ireland
rsery Court
Kibworth Harcourt
Leicester LE8 OEX
Chartered Accountant
Date l . Ix.z+

Hlnd Sister Homes
Financial Statements
31st Marth 2024
statement of financial activities
for the year ended 31st March 2024
Totsl
Restricted ijnrestricted Funds
Funds
2024
Total
Funds
2023
Note
Income and expenditure
Incomin8 Resource5
Donations
Investment Income
Dividends and interest
Interest on deposit
Other income
Total incoming resources
29,676
840
315
30,831
29,676
31,370
482
315
32.167
315
30,831
Resources expended
Direct charitable expenditure
Management and admini5trHtion
of the charitv
Total resources expended
39.432
18.268
39,432
18,268
43,147
16,223
57,7CXJ
57.700
59.369
Net incominglloutgoin81 resources for
the year
126,8691 126,8691 127,2021
Other recognlsed galns and losses
Unrealised gainslllossesl on Investment assets
99,633
99,633 127.1211
Realised gainslllossesl on Investment assets
2.748
2.748 124.9851
Net rnovement in funds
75.511
75.511 179.3081
Fund balances brought fOn￿ard
at 1st April 2023
Fund balance5 carried forward at
31st March 2024
42,545 1,320,923 1,363,468 1,442,776
42.545 1.396,433 1,438,978 1,363,468

Hind Sister Home5
Finan¢lal Statements
31st March 2024
Balance Sheet
31st March 2024
Note
2024
2023
Flxed assets
TanEible fixed assets
Investments
117,758 117.758
6 1.236,349 1,176,824
1.354.107 1,294,582
Current assets
Debtors
Cash at bank and in hand
8.291
79,064
87,356
9,450
61.183
70,633
Credltors: Amounts falling due
within one year
12,4861 11,7491
Net current a55ets
84.870
68,883
Net assets
1.438.978 1,363,467
Funds
Restricted
Vnrestricted
41545
42,545
1.396,433 1.320.922
1.438.978 1,363,467
The notes on pages 6-9 form part of these accounts.
Approved by the Trustees on V and signed on their behalf by..
R. Hale
Chairman

Hind Slster Homes
Flnancial Statements
31st Marth 2024
Note5 to the financial statements
for the year ended 31st March 2024
Atcounting policie5
B3515 of preparation
The financial statements have been prepared under the historic cost convention. with
the exception of investments which are included at market value. The financial statements
have been prepared in accordance with the statement of Recommended Practice ISORPI..
Accounting and Reporting by Charities IFRS 1021 and applicable UK Accounting Standards
and the Charities 2011.
Donations
Donations are credited to capital account except where thè donor exprèssès 3 desire for
the grft to be tre3ted as income.
Investments income
Income from investments is accounted for when due and payable.
Freehold land and bulldlngs
Freehold land and buildings are included at original c05t.
Depretiation
Depreciation is only provided on Guest room furnishing5. The Trustees have adopted a
programme of regular repairs such that a depreciation charge on the freehold land and
building 15 inappropriate.
Investments
Investments are stated at market value at the balance sheet date. The SOFA includes the
net gains and losses arising on revaluation and di5POsals throughout the year.

Hind Sister Home5
Flnanclal Ststements
3tst March 2024
Notes to the financlal statements
for the year ended 31st March 2024 Icontinuedl
Dlrect charltable expendlture
2024
2023
Unrestricted Funds
Wardens wages
Wardens penslon costs
Council tax. water rates and Helpline
Electricity
Telephone. less amounts received
Insurances
Contract 8ardenin8
Television licence
Legal fees
Repairs and renewals.. Sundry repairs.
maintenance and decoratin8
Sundries
9,897
66
6,523
2,105
616
1.550
6,840
1301
9,692
6,580
1,626
1,023
1,567
6,520
68
11.198
667
15,622
449
39,432
43.147
Management and admlni5tratlon of the charity
2024
2023
Clerk's salary and fees
Accountancy fees
Investment and Bank ¢harges
8,000
1,800
8,468
8,000
1,554
6,669
18,268
16,223

Hind Sister Homes
Flnanclal Statements
315t March 2024
Notes to the financial ststements
for the year ended 31st March 2024 {continuedl
Funds
Opening
Net
Closing
balance movements balance
in funds
Restricted
Capital
-represented by tangible fixed assets
42,545
42.545
Unrestricted
Capital
Income
1,304,054
16,868
102,380 1,406,434
126,8691 110,0011
Total
1,363,468
75,511 1,438,978
Tanglble fixed assets
Freehold
land at
room
Furnishing
Cropston Building furnishings of houses
Guest
Total
Book cost at
31st March 2023 and
31st March 2024
1,550 116.206
2,453
120.210
Accumulated depreciation
at 31st March 2023
Charge for the year
2,452
2,452
2,452
2,452
117,758
Net Book Value
1,550 116,206
The site at Cropston. for almshouses, Containing 6 acres 3 rood5 11 poles is vested
in the Off&cial Custodian for Charities.

Hind Sistèr Homes
Flnanc5al Statements
315t March 2024
Notes to the flnanclal statements
for the year ended 31st March 2024 Icontinuedl
Flxed asset Investments
Capital
Account
Income
Account
Total
Quoted Investments
Market value 1st April 2023
Purchases
Sales
Net realised gain51llossÈsl
Net unrealised gains/llossesl
1,176,824
234,428
1277.2831
2,748
99.633
1,176,824
234.428
1277,2831
2,748
99.633
Market value 31st March 2024
1.236,349
0 1,236,349
Historical cost a5 at 31st March 2024
1,035,070
0 1,035,070
2024
2023
Debtors
Prepayments
Other debtors
Brewin Dolphin
2,699
835
4,757
2,589
922
5,939
8,291
9,450
Bank balances and deposlts
2024
2023
HSBC Bank
Current account
5.906
6.179
Central Board of F4nantè
Deposit account
Brewin Dolphin
23,835
49.323
22,995
32.OQ8
79,064
61,183
io

Hind Slster Homes
Financial Statements
31st Marth 2024
Notes to the financial ststement5
for the year ended 31st March 2024 {continuedl
Creditors.. Amounts falling due within one year
2024
2023
Accountancy fees
Other creditors
1.297
1,189
1.230
519
2,486
1,749
li