REGISTERED CHARITY NUMBER: 217793
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
FOR
THE SCARBOROUGH MUNICIPAL CHARITY
Fortus Limited
Business Advisors & Accountants
5 & 6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU
THE SCARBOROUGH MUNICIPAL CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2025
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Page |
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Reference and Administrative Details |
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1 |
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Report of the Trustees |
2 |
to |
3 |
Independent Examiner's Report |
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4 |
|
Statement of Financial Activities |
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5 |
|
Balance Sheet |
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6 |
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Notes to the Financial Statements |
7 |
to |
15 |
Detailed Statement of Financial Activities |
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16 |
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THE SCARBOROUGH MUNICIPAL CHARITY
REFERENCE AND ADMINISTRATIVE DETAILS For The Year Ended 31 December 2025
TRUSTEES |
Mr W Chatt (Chair) |
|
Mrs J H Jefferson |
|
Mr D Jeffels |
|
Miss T Pickering |
|
Mrs C Guest (Vice Chair) |
|
Mrs C Robertson |
|
Mrs N Pattison (appointed 24.4.25) |
PRINCIPAL ADDRESS |
126 Falsgrave Road |
|
Scarborough |
|
North Yorkshire |
|
YO12 5BE |
REGISTERED CHARITY NUMBER |
217793 |
INDEPENDENT EXAMINER |
Fortus Limited |
|
Business Advisors & Accountants |
|
5 & 6 Manor Court |
|
Manor Garth |
|
Scarborough |
|
North Yorkshire |
|
YO11 3TU |
Page 1
THE SCARBOROUGH MUNICIPAL CHARITY
REPORT OF THE TRUSTEES
For The Year Ended 31 December 2025
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
31December2025.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withtheFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS102)(effective 1
January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
ThecharityhasthegeneralaimofcontributingtothequalityoflifeofthepeopleofScarborough by
providinggoodqualityaffordableaccommodation,grantsforeducationandtrainingandtoassistin the
purchaseofessentialitems.TheTrustinvitesapplicationsfromindividualswhomeettheTrust'scriteria and
details of how to apply can be obtained by contacting the Trusts main office.
Significant activities
Theprincipalactivityofthecharityisthemanagementandadministrationofcharities,forthebenefit of
almspeople,poor,agedandblindresidentsoftheBoroughofScarborough.Benefitsincludethe provision
of accommodation and grants to assist in the purchase of essential items and those in need.
Public benefit
Thetrusteesconsiderthattheyhavecompliedwiththeirdutytohavedueregardtotheguidance on
publicbenefitpublishedbytheCharityCommissioninexercisingtheirpowersandduties,ascanbe seen
in the activities and achievements above.
FINANCIAL REVIEW
Financial position
The trustees are of the opinion that the charity's financial position at the balance sheet date is satisfactory.
Duringtheyear,investmentwasmadeatKendall'sDwellingsbythereplacementoftheheatingsystems in
threeflats,alongwiththereplacementofakitchenatapropertyonManorRoad.Atransferof £18,734
wasmadefromthecyclicalmaintenancefundtocoverthesecostsandfurthersignificantinvestment is
planned for 2026.
Overallunrestrictedreservesincreasedby£94,013during2025.Thecharity'sinvestmentsincreasedin value
by £35,828 over the year, as markets continued to perform well with steady growth.
Thetrusteesbelievethattherearesufficientreservesforthecharitytocontinueitscharitableactivities for
the foreseeable future.
Principal funding sources
Thecharityraisesitsincomefromitsresidentsanditsinvestmentswhichallowedthecharitytomeet its
objectivesduringtheyearandtoawardgrantsof£10,000inaccordancewithitsobjectives.Atransfer of
£36,110 was also made to the extraordinary repair fund from the general fund.
Investment policy and objectives
Under the governing document the charity has the power to invest in any way the trustees wish.
Thetrustees,havingregardtotheliquidityrequirementsofoperatingthehomesandtothereserves policy,
keepavailablefundsinaninterestbearingdepositaccount,andtheinvestmentsareregularly monitored
by the trustees.
Reserves policy
Inrecentyearstherehasbeenconsiderablevolatilityinthestockmarketandasaresultthetrustees have
adoptedaprudentpolicyofmaintainingreservesataleveltomeetoneyearsrunningcostsand high
property maintenance costs.
Thereservespolicyismonitoredandreviewedannuallybythetrusteesandtheyconsiderthatthislevel will
ensure that there are sufficient funds available to cover support and governance costs.
Page 2
THE SCARBOROUGH MUNICIPAL CHARITY
REPORT OF THE TRUSTEES For The Year Ended 31 December 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
TheTrustisanunincorporatedtrust,theadministrationandmanagementofwhichisinaccordance with
theprovisionsoftheschemeapprovedbytheCharityCommissionerson9August2005andamended on
19 March 2024 and 14 June 2024.
Recruitment and appointment of new trustees
ThetrusteespreviouslyincludedthreenominatedtrusteesappointedbyScarboroughBoroughCouncil and
theMayorofScarboroughasanex-officiotrustee.Followingthecreationofthenewcombined authority
of North Yorkshire Council, nominated trustees no longer sit on the board of trustees.
Theremainingtrusteesmetonthe14June2024andagreedthatseventrusteesissufficientforthe charity
torunefficiently.Anyfuturetrusteesareco-optedanddrawnlargelyfromthelocalbusiness community.
Whenconsideringco-optingtrusteesregardishadtotherequirementforanyspecialistskillsneeded and
the suitability of all applicants.
Organisational structure
TheattachedaccountsincludetheresultsofallcharitiesadministeredbythetrusteesofThe Scarborough
MunicipalCharity.ThesecharitiesconsistoftheAlmshousebranchandtheReliefinNeedbranchof The
Scarborough Municipal Charity .
Induction and training of new trustees
Newtrusteesarebriefedontheirlegalobligationsundercharitylaw,thecontentoftheconstitution, the
committeeanddecisionmakingprocess,thebusinessplanandtherecentfinancialperformanceof the
charity.
Risk management
Thetrusteeshaveconsideredthemajorriskstowhichthecharityisexposedandhavereviewedthose risks
andestablishedsystemsandprocedurestomanagethoserisks.Theriskmanagementstrategy comprises
an annual review of both financial and non-financial risks to the charity.
Akeyelementofmanagingfinancialriskisthesettingofareservespolicyanditsregularreviewby the
trustees.
Approved by order of the board of trustees on 23 April 2026 and signed on its behalf by:
Mr W Chatt - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SCARBOROUGH MUNICIPAL CHARITY
Independent examiner's report to the trustees of The Scarborough Municipal Charity
IreporttothecharitytrusteesonmyexaminationoftheaccountsofTheScarboroughMunicipal Charity
(the Trust) for the year ended 31 December 2025.
Responsibilities and basis of report
AsthecharitytrusteesoftheTrustyouareresponsibleforthepreparationoftheaccountsin accordance
with the requirements of the Charities Act 2011 ('the Act').
IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActand in
carryingoutmyexaminationIhavefollowedallapplicableDirectionsgivenbytheCharity Commission
under Section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention 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.
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
Mr P B Dixon FCA
Fortus Limited
Business Advisors & Accountants
5 & 6 Manor Court
Manor Garth
Scarborough
North Yorkshire
YO11 3TU
23 April 2026
Page 4
THE SCARBOROUGH MUNICIPAL CHARITY
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2025
Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS
FROM
Charitable activities
3
Scarborough Municipal
Charities
174,040
Investment income
2
69,704
Total
243,744
EXPENDITURE ON
Charitable activities
4
Scarborough Municipal
Charities
133,484
Net gains/(losses) on
investments
21,097
NET INCOME/(EXPENDITURE)
131,357
Transfers between funds
18
(37,344)
Net movement in funds
94,013
RECONCILIATION OF FUNDS
Total funds brought forward
894,797
TOTAL FUNDS CARRIED
FORWARD
988,810 |
Restricted
fund
£
-
-
-
-
(22,707)
(22,707)
36,110
13,403
2,816,059
2,829,462 |
Endowment
fund
£
-
-
-
-
37,438
37,438
1,234
38,672
995,273
1,033,945 |
2025
Total
funds
£
174,040
69,704
243,744
133,484
35,828
146,088
-
146,088
4,706,129
4,852,217 |
2024
Total
funds
£
177,345
68,957 |
|
|
|
|
246,302 |
|
|
|
|
164,853 |
|
|
|
|
169,737 |
|
|
|
|
251,186
- |
|
|
|
|
251,186
4,454,943 |
|
|
|
|
4,706,129 |
The notes form part of these financial statements
Page 5
THE SCARBOROUGH MUNICIPAL CHARITY
BALANCE SHEET
31 December 2025
Notes
FIXED ASSETS
Tangible assets
10
Investments
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
13
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
CREDITORS
Amounts falling due after more than one
year
15
NET ASSETS
FUNDS
18
Unrestricted funds
Restricted funds
Endowment funds
TOTAL FUNDS |
2025
£
198,496
3,940,570
4,139,066
3,431
796,255
799,686
(18,896)
780,790
4,919,856
(67,639)
4,852,217
988,810
2,829,462
1,033,945
4,852,217 |
2024
£
197,885
3,868,632
4,066,517
4,419
718,829
723,248
(14,619)
708,629
4,775,146
(69,017)
4,706,129
894,797
2,816,059
995,273
4,706,129 |
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon23April 2026
and were signed on its behalf by:
Mr W Chatt - Trustee
The notes form part of these financial statements
Page 6
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2015)andtheCharitiesAct2011.Thefinancialstatementshave been
preparedunderthehistoricalcostconventionwiththeexceptionofinvestmentswhichare included
at market value.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharityhastakenadvantageofthefollowingdisclosureexemptioninpreparingthese financial
statements,aspermittedbyFRS102'TheFinancialReportingStandardapplicableintheUK and
Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
thefunds,itisprobablethattheincomewillbereceivedandtheamountcanbe measured
reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Equipment- 20% on cost
Thepropertyheldbythetrustisusedentirelyfordirectcharitablepurposes.TheCharityhas taken
advantage of FRS102 transitional relief to use a valuation as deemed cost.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretion of
the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
continued...
Page 7
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothe charity's
pensionschemearechargedtotheStatementofFinancialActivitiesintheperiodtowhich they
relate.
2. INVESTMENT INCOME
Investment income
INCOME FROM CHARITABLE ACTIVITIES
Activity
Residents fees
Scarborough Municipal Charities
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct
activities
Costs (see
(see note
note 5)
6)
£
£
Scarborough Municipal Charities
118,084
10,000
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Rates and water
Insurance
Light and heat
Telephone
Stationery, postage and adverts
Repairs and renewals
Gardening
Licences and subscriptions
Sundry expenses
Warden call
Payroll costs
Bank charges
Depreciation
Interest payable and similar charges |
2025
£
69,704
2025
£
174,040
Support
costs (see
note 7)
£
5,400
2025
£
30,291
15,318
5,692
7,419
621
2,010
41,248
3,600
1,001
177
1,090
866
641
153
7,957
118,084 |
2024
£
68,957
2024
£
177,345 |
2024
£
68,957 |
|
|
Totals
£
133,484 |
|
|
|
2024
£
30,861
13,652
6,493
9,303
606
1,333
72,996
3,250
984
137
1,503
644
605
-
8,086 |
|
|
|
150,453 |
|
3. INCOME FROM CHARITABLE ACTIVITIES
4. CHARITABLE ACTIVITIES COSTS
5. DIRECT COSTS OF CHARITABLE ACTIVITIES
continued...
Page 8
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
6. GRANTS PAYABLE
A breakdown of grants payable is as follows:
|
2025 |
|
£ |
|
|
Grants paid to individuals |
6,000 |
Grants paid to institutions |
4,000 |
|
|
|
10,000 |
|
|
SUPPORT COSTS
Scarborough Municipal Charities |
|
7. SUPPORT COSTS
Support costs, included in the above, are as follows:
Governance costs
|
2025 |
2024 |
|
Scarborough |
|
|
Municipal |
Total |
|
Charities |
activities |
|
£ |
£ |
Accountancy fees |
5,400 |
5,280 |
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2025nor for
the year ended 31 December 2024.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31December2025norfortheyear ended
31 December 2024.
9. STAFF COSTS
Wages and salaries
Other pension costs
The average monthly number of employees during the year was as follows:
Administrator
Warden |
2025
£
29,832
459
30,291
2025
1
1
2 |
2024
£
30,387
474 |
|
|
30,861 |
|
|
2024
1
1
2 |
continued...
Page 9
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
9. STAFF COSTS - continued
No employees received emoluments in excess of £60,000.
10. TANGIBLE FIXED ASSETS
COST
At 1 January 2025
Additions
Disposals
At 31 December 2025
DEPRECIATION
At 1 January 2025
Charge for year
Eliminated on disposal
At 31 December 2025
NET BOOK VALUE
At 31 December 2025
At 31 December 2024 |
Freehold
property
Equipment
£
£
197,885
2,020
-
764
-
(1,260)
197,885
1,524
-
2,020
-
153
-
(1,260)
-
913
197,885
611
197,885
- |
Totals
£
199,905
764
(1,260)
199,409
2,020
153
(1,260)
913
198,496
197,885 |
|
|
|
Thepropertyheldbythetrustisusedentirelyfordirectcharitablepurposesandisincludedin the
accounts at deemed cost.
11. FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 January 2025
Additions
Revaluations
At 31 December 2025
NET BOOK VALUE
At 31 December 2025
At 31 December 2024 |
Unlisted
investments
£
3,868,632
36,110
35,828
3,940,570
3,940,570
3,868,632 |
|
|
There were no investment assets outside the UK.
TheinvestmentportfolioconsistssolelyofCOIFCharitiesInvestmentFundaccumulationand income
units.
continued...
Page 10
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Debtors and prepayments
13.
CASH AT BANK AND IN HAND
Cyclical
General
Maintenance
fund
fund
£
£
Cash in hand
69
-
Current account
130,449
-
Cyclical maintenance fund
-
362,010
General deposit account
303,727
-
Total
434,245
362,010
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other loans (see note 16)
Creditors and accruals
15.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Other loans (see note 16)
16.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Orchardbrook loan
Amounts falling between one and two years:
Orchardbrook loan
Amounts falling due between two and five years:
Orchardbrook loan
Amounts falling due in more than five years:
Repayable by instalments:
Orchardbrook loan |
2025
£
3,431
2025
Total
funds
£
69
130,449
362,010
303,727
796,255
2025
£
1,378
17,518
18,896
2025
£
67,639
2025
£
1,378
1,540
5,786
60,313 |
2024
£
4,419
2024
Total
funds
£
50
109,901
313,871
295,007 |
2024
£
4,419
2024
Total
funds
£
50
109,901
313,871
295,007 |
2024
£
4,419 |
|
|
718,829 |
|
|
|
|
|
2024
£
1,234
13,385 |
|
|
|
|
14,619 |
|
|
|
|
2024
£
69,017 |
|
|
|
|
2024
£
1,234 |
|
|
|
|
1,378 |
|
|
|
|
5,180 |
|
|
|
|
62,459 |
|
continued...
Page 11
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
18.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Cyclical Maintenance fund
Restricted funds
Extraordinary repair fund
Endowment funds
Capital accounts
TOTAL FUNDS |
Unrestricted
funds
£
611
206,031
799,686
(17,518)
-
988,810 |
Restricted
fund
£
-
2,829,462
-
-
-
2,829,462
At 1.1.25
£
580,926
313,871
894,797
2,816,059
995,273
4,706,129 |
Endowment
fund
£
197,885
905,077
-
(1,378)
(67,639)
1,033,945
Net
movement
in funds
£
136,518
(5,161)
131,357
(22,707)
37,438
146,088 |
2025
Total
funds
£
198,496
3,940,570
799,686
(18,896)
(67,639)
4,852,217
Transfers
between
funds
£
(90,644)
53,300
(37,344)
36,110
1,234
- |
2024
Total
funds
£
197,885
3,868,632
723,248
(14,619)
(69,017)
4,706,129
At
31.12.25
£
626,800
362,010
988,810
2,829,462
1,033,945
4,852,217 |
|
|
|
|
|
|
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Cyclical Maintenance fund
Restricted funds
Extraordinary repair fund
Endowment funds
Capital accounts
TOTAL FUNDS |
Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
230,171
(114,750)
21,097
136,518
13,573
(18,734)
-
(5,161)
243,744
(133,484)
21,097
131,357
-
-
(22,707)
(22,707)
-
-
37,438
37,438
243,744
(133,484)
35,828
146,088 |
|
|
continued...
Page 12
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
At 1.1.24
in funds
£
£
Unrestricted funds
General fund
551,437
118,254
Cyclical Maintenance fund
292,480
(30,809)
843,917
87,445
Restricted funds
Extraordinary repair fund
2,641,065
139,534
Endowment funds
Capital accounts
969,961
24,207
TOTAL FUNDS
4,454,943
251,186
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
230,813
(118,555)
Cyclical Maintenance fund
15,489
(46,298)
246,302
(164,853)
Restricted funds
Extraordinary repair fund
-
-
Endowment funds
Capital accounts
-
-
TOTAL FUNDS
246,302
(164,853) |
Transfers
between
funds
£
(88,765)
52,200
(36,565)
35,460
1,105
-
Gains and
losses
£
5,996
-
5,996
139,534
24,207
169,737 |
At
31.12.24
£
580,926
313,871
894,797
2,816,059
995,273
4,706,129
Movement
in funds
£
118,254
(30,809)
87,445
139,534
24,207
251,186 |
|
|
|
continued...
Page 13
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
18. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Cyclical Maintenance fund
Restricted funds
Extraordinary repair fund
Endowment funds
Capital accounts
TOTAL FUNDS |
At 1.1.24
£
551,437
292,480
843,917
2,641,065
969,961
4,454,943 |
Net
movement
in funds
£
254,772
(35,970)
218,802
116,827
61,645
397,274 |
Transfers
between
funds
£
(179,409)
105,500
(73,909)
71,570
2,339
- |
At
31.12.25
£
626,800
362,010 |
|
|
|
|
988,810
2,829,462
1,033,945 |
|
|
|
|
4,852,217 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Cyclical Maintenance fund
Restricted funds
Extraordinary repair fund
Endowment funds
Capital accounts
TOTAL FUNDS |
Incoming
Resources
Gains and
Movement
resources
expended
losses
in funds
£
£
£
£
460,984
(233,305)
27,093
254,772
29,062
(65,032)
-
(35,970)
490,046
(298,337)
27,093
218,802
-
-
116,827
116,827
-
-
61,645
61,645
490,046
(298,337)
205,565
397,274 |
|
|
TheCyclicalMaintenanceFundisadesignatedfundtocoveritemsofrepairthatoccurover a
regularcycle.Thefundsareavailableforuseatthediscretionofthetrusteesand annual
appropriations are made to this fund as considered necessary.
TheExtraordinaryRepairFundwasestablishedtofundextraordinaryitemsofrepair expenditure,
improvementsorrebuildingofthehomes.Annualappropriationsaremadetothisfund as
considerednecessarybythetrustees.Transfersaremadefromthefundstocover exceptional
expenditure. The funds are represented by fixed asset investments.
continued...
Page 14
THE SCARBOROUGH MUNICIPAL CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2025
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2025.
Page 15
THE SCARBOROUGH MUNICIPAL CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2025
INCOME AND ENDOWMENTS
Investment income
Investment income
Charitable activities
Residents fees
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Pensions
Rates and water
Insurance
Light and heat
Telephone
Stationery, postage and adverts
Repairs and renewals
Gardening
Licences and subscriptions
Sundry expenses
Warden call
Payroll costs
Bank charges
Depreciation of tangible fixed assets
Loan interest
Grants to institutions
Grants to individuals
Support costs
Governance costs
Accountancy fees
Total resources expended
Net income |
2025
£
69,704
174,040
243,744
29,832
459
15,318
5,692
7,419
621
2,010
41,248
3,600
1,001
177
1,090
866
641
153
7,957
4,000
6,000
128,084
5,400
133,484
110,260 |
2024
£
68,957
177,345 |
|
|
246,302
30,387
474
13,652
6,493
9,303
606
1,333
72,996
3,250
984
137
1,503
644
605
-
8,086
3,550
5,570 |
|
|
159,573
5,280 |
|
|
164,853 |
|
|
81,449 |
This page does not form part of the statutory financial statements
Page 16