Charity registstIOn numb.: 220718 Hanley & Gellestrope Charities known as H¢nry Hanlcy for AI]nshousa A[al Report and financial Staternents for the Year Ended 11 March 2025 Commiinity Accountin8 Pliis Unit% l & 2 NvTth Wesl 41 Talbol Siieet Noltinghajn N(il 5GL
Hanley & Gellestrope Charities knojvn as Henry Hanley for Almshouses Contents (continued} Reference and Administrative Details Tntste¢s' Report 2to4 Independent Examinevs Repon Statement of FiiiaiiLial Activities Balance Sheet Notes to th¢ Financial Siate]nents 8t014
Hanley & Gellestrope Charities knoivn #s Henry Hanley for Almshouses Referenee and Administrative Details Trustee5 Councillor Welldy Smith Councillor Rebecca Langton Coun¢illor Phil lackson Councillor Martha JOa]oU Councillor Ethan Radford Charity Registration Number 220718 Prineipal Office Nottittgham City Homes Loxley House Station Stteel NottlllaJn Notlinghamshire NG2 3NJ IndependeTht ExaMICr Eva stens, eInployee of Community Accounting Plus Units l & 2 Notth West 41 Talbot Sireel Nottina]n NGI 5GL Page I
Hanley & Gellestrope Charities known as Henry Hanley for AImshouses Trustees, Report The trusiees present th¢ a1Ual report 108¢ih¢i willi the fll)aocial stateniellts ol'the charity for the year ¢nded 31 March 2025. Structurey governnce mHnAgtment NttlutÉ Ofg0rrtil?grfO(HlmeI The ¢h&riiy 1$ op¢Trted undci the tules of ils ¢onslitution adopted 61811963. 0¥5110K5IrN¢(llre 5 Tnistees Admijitstrative Offjcer (the Clerk) Financial Advisor {the Treasurer) Property Jn8na8en)ent officers pmvided by Nottingham Ciry Coiin¢il J)e¢isivnb laktn at meeling5 by Ilie ISte¢S. upon trcommendations placed before them. irt r¢port fonnat. by the appropEiate representatives of Notti118hain City Coullcil. Reltlonshlpy ivlth rn,lated partie5 Nottingham City Council Noltinghatn City Council 15 re5pon5ible for lsu[ing that the charities are administered and managed widiin the provisions of the sclierlle dated 2 June 1959. TEie Tn]stees of the Charity ar¢ appointed by Ilie City CoiincÈl via the Executtve BO.d for a ienn of four years. Objectives and aetivities Objecis The main objects of the Cliarities is to provide almslioiise acconJJnodalion to poor persons of good character by lelting of ils nine piop¢i-11¢5. co]ne 8eiieraled tsotll rental alld also from various IveStmetS is iised to maitttaJn/llpkeep tli¢ nine properties for tIIis puipose. Objeclives, slralegies und4clivilies Review of Aclivilie5 Activities of tlie charities ale Jnintjnal. We arc norjnally only needed when È housing related PEoblan arises as our sole activity is to provide Accom]ttodatiott. Setvice ui)ddie reports are submitted lo eacli meeting of the Twstees for infolatIon and decisions wtsere appropiiale lo allow foi tlic on80ing managanent of the properties and environtnellt. Publicbenefil Piovidinb7 dCLomn)odalion foT poor persons. Tli¢ tru%lees confinn Ili*l they httve cthnplied witli ilie requiretnenls ol. section 17 of Ilie Charities Act 2011 to have due regaid ¢0 Ilie public benefil guidance piiblislied by the Cliarity Co]nJnission for En8latJd and W•le5. Page 2
Hanley & Gellestrope Charities known as Henry Hanley for Almshouses Trustees, Report (continued) FinADelRI revleiv Inveslmenlpolicy objec11$ The ¢harities inv¢sltn¢nt portfolio consisls of Ilie following:_ Charities Official Inveslnient Fund - Aceuinul81ing gnd InL'tsm¢ Shaie5- An at]nu&l purchase of accumulation shares Is made in line with the Natioiial A550cialiotJ ot Almshoiises lidance to provide for fi]ture replacement of th¢ pioperlies which we have t)ot puichascd in froni 2015116 to 2024125. •Nottit}all City Council- TnpOrary Deposit Sutplus fund5 are held on 5110rt Éetyn deposit unttl reqiiiiEd- .Fi¢¢liold prop¢rti¢s ai"¢ subject to fonnal rc-valualioii within a five year period. llie last rc-valuatiotl wa5 uiidertakeii for the accounting period ended 31 March 2018. A revaliiatioii lo lake place in 25126. Major risks ofihosé risks Bziildiiig repaiFS No Jnajor works carried out durirtg this finalltial year only day to day repai15 and servicillg to maintenance properties. for futllT¢ p¢riod5 AiiKs andkey obj¢clivesforfullirepÉriéS Tts tontinu¢ to adEMinister and piovidc accoJ]unodation in linc willi the Charities Bovernirtg dotumenl, Inciea5e to the weekly inailitlaCC contribiition as advised by the AlMshoe Associatioii to iillprove tbe elk9rities hotnes and lives for the residents. Pa8e 3
Hanley & Gellestrope Charities known H$ Henry Hanley for Almshouses Trustees, Report (continued) st*ttm¢nt of Trugteesl Responsibilities The tnistees are responsible foi pr¢pating the tn]stees' report and the fjnancial statements in accordance with the United Kittgdotn Accounting StandHid5 (Unsted Kingdoni GeDernlly Aepted Accounting Pracliee) and dpplicable law and regulations. Tlie law &pplicable to charitie5 IEqUite5 th¢ Itoslees to prepare fancial slatexnenls for each financial year whicli give a lrne and fair vtew of the state of affaits ol Ilie cliatily and of the ill¢oming t¢sour¢es aiJd application of r¢souic¢s ot'lhe ¢harity foi that period. Jn prepariE]g thcsc financial stalen)ents. Ilie ItU51ee5 ale ieqiiired to". select suitable acLoulllill8 poIiLies and tlien apply them con515tently' obsetve the tnethods and PlLIioiples in the Charilie8 SORP; make judgejnents and esliinates that ar¢ reasonable and ptudent.. slate w[ther applicable accounti1 slandard% have been followed, subject to atiy material departtire8 disclosed and explained ill the fUnCIal stal¢ment5," and prepare the financial statements on the going concem basis unless it is inappri)priate lo prsujne that the charity will continue in biisines5. The Iiu5tees ate re5pon5ible for keeping proper accounting records that disc105c wilh reasonablc accuiacy at any titne the financial position of ihc charity £ind enable them to ensuie that the fitll1a[ Statllent5 coinply with tlie Cbarities Act 2011, Ili¢ Charili¢s (Account5 nnd RepvFls) Regul&lioJL% 2008. and tlie provisiotts of the LOll51ilulion. The trustees are also responsible for salegiiaiding Ihe a5sels ol. Ilie chatity and hence tor tsking ieasoiiabl¢ Et¢p.% for the prevenlioii aiid detection of Iraud and other i]Tegularitle5. 'rhe trustees are responsible for the mainl¢nan¢¢ And iniegrity of the coryorate and financial infonnation included on the cliaritable conipanls webslt¢. Le8islalion 8oven)iTrg Ihc pi¢pttrnlion and disseniinaiton of financial 5tai¢ttL¢nls ]nay differ from legislation in othcr jurisdictions. Approv by the Imstee the charity on .1.711212025 alld si8ned on its behall'by.. cillor Radford TnL%lee Page 4
Hanley & Gellestrope Charities known as Henry Hanley for Almshouses Indtpelldent Examiner's Report to the trustees of Hanley & Gellestrope Charities Independcnt examiner'5 rcport to tli¢ tru5tee8 of HaDley & Gellestrope Charities I report lo ihc tTuslces on iny CXaEninalioll of the accouats of Hanley & Gellestrope Charitie5 (Ilie Churi¢y) for the year ended 31 March 2025. Re5ponsibiEities and basis of report As the Irustecs of tljc charity you are responsible for the preparation of the a¢counls in accordance witli tlie requirements of the Charities Atl 2011 {'Ih¢ A¢t'). I rep1 ill rcsPCCt of Jny exajiiination of the Charity's accounts carried out under section 145 of th¢ 2011 Act and i]1 cwin8 Out ]ny exall]ination I have followed all the applicable directions given by the Cljarity Con)tni8sioll linder section 145(5)Ibl of the Act. Indepelldent examiller's $tfiteRneDt I have cott)pleted my examination. I confjrn) that nialtets have oome 10 iny attention iii conneclion with the xainitwlion giving zne cause to believe tl)al iii any matetial respect.. accountlttg records were llot kept iji respect of the Cln{Y as reqiiired by section 130 of the Act. or 2. the acco[ts do not accoid with Ih05e records. or 3. the accoiittts do not totnply with the ateounting reqiiirem¢nt$ concetnillg the Ioml alld content of aceounts 5¢1 0111 in t1 Charitie5 (AccoiInt5 and Reports) ReilatIonS 2008 oilier than ally rcqliiremeiit Ihal the account5 give a 'lru¢ and fair, view whicli is llot a Jnatter consideied as part ot an independent exa]ttiwdtion. I have no concerns dK)d have come acr0$5 no oth¢i nwtlers in connection with the eKanunalion to which att1110 should be dtawn in thi5 l¢POrt ill otder to enable a pioper uudetstandiDg ofthe accounts to be reached. Eva Sieve , BSC, CPbA, etnployee of CoJnmutti(y Accounting Plus m¢mber of the Chaff¢r¢d Insiituie of Publi¢ Finan¢e tynd A¢¢ouniancy {CIPFA) Uni¢8 1 & 2 North West 411'albol Street Nollingham NGI 5GL Date.. 1811212025 Page 5
Hanley & Gellestrope Charities known as Henry Hanley for Almshouses Statement of Financial Activities for the Year Ended 31 March 2025 TotY41 2025 Total 2024 Unrestricted Note Ineome Endoivments from: Charitable activit1¢5 Inveslmenl income 43.945 1,495 39,607 1.478 1.495 Tolal lllcojne 45.440 45,440 41,085 Exp¢ndllui¢ on.. Charitable activities (40,726) (40.726) (22,989) Total Expenditure GainsA055e5 on investment assets (40,7261 {8,003) 140.726) (8.003) (22,989 35,994 Net nx>veinent in funds (3.289) {3.289) 54.090 Rcconciliation of funds Total tund5 broughl totwaid 1,142,272 1.142,272 1.088.182 Total fimd5 Caled fotward 1.138.983 1.138,983 1.142.272 The notes on pages 8 to 14 forni ali iii1¢8ral parl of these flnancial slaleiiieiit5. Pag¢ 6
Hanley & Gellestrope Charities known as Henry Hanley for Almshouses (Registration number: 220718) Balance Sheet as at 31 March 2025 2024 Note Fixed #55ets Tanb]e assets Investments 690.000 339,769 690.0(K> 347.772 1.029,769 1.037.772 Cui'rent *sset8 Deblots Cash at bajjk and in hand 41,112 75,057 82,180 125,261 116,169 Crcdltors: Amount5 falling du¢ ivlthhD one year 10 (16,049) {8,369) Net current a55Cts 109,214 107,800 Total assets le85 curr¢nt IIAbllltles 1.138.983 1,145.572 Creditors: Atrut& falling due after more than one year li (3.300 Net xssets 1.1.38.981 1.142.272 Funds of the charity: Uni'¢5tricted ineome funds Unrcslricted 1,138,983 1.142,272 Total funds 1,178,983 1.142,272 'I'hc fin1ClaI slal¢mertts oll pages 6 to 14 were approved by tl)¢ Intees, al auiliori5ed for issue on 1711212025 and 518n¢d on Iheir belialf by.. Councsllor Ethan Radfor Trustee The notes on pages 8 to 14 lomi #ii integral part of Ihege fJttaJicial 5tatenien¢5. Page 7
Hanley & Gellestrope Charities knojvn as Henry Hanley for Almshouses Notes to the Financial Stlltemettts for the Year Ended 31 March 2025 l Accounting policies statennt ofeompllgllc¢ The fin¢incial stateinltS ljave been prepated in accordance with the s¢¢ond ltion of thc c}ritteS Statement of Recatmn¢ndcd Practice issued in October 2019, tlic FinatJLrial R¢pottjll8 Standard applicable in the United "n8doin and Republic of Iieland (fRS 1021 and the Charities Act 2011. BAsis of preparation Hanley & Gelle5tiope Charities meets the definition of a piiblic benefit fflility Ullder Fils 102. Asset* and liabili¢L¢5 ate lllltially recoliSed a¢ hisloiical cosl or transaction valu¢ unless oilicrwise stated in the r¢levallt accounting policy notes. Excmption from preparlng a ea5h floiv statement Under the excjnption availuble to 5tnftlleT cliarities the Board of TtU5tees has chosen not to iiitlvde a Stat¢ent of Casli Flows withiji the flnancial Statements. Going eoneer The [ttle11 statetnen15 have been prepared on a going concern basis. The trustees assess whether the use of going concern is appmpiiate i.e. whether there are any material uttcertaintie5 t¢lated to events or tottditions that tnay cast Sl8nificant doubt on tlie ability of the charity lo ontinue as a soing concern. The tnJsi¢es ll]ake this asscs8menl in rttspecl of a period of one year trom Ili¢ date ofapproval ot the financial slaternents. Income and endowments Inve51iNeitliiicouie Dividaids aTe reColSed once th¢ dEvidend lias becll declared and nolificalion has been receiveil of I1 dividet due. Expenditui'¢ All expeiiditure is recognised once there is a legal or constnJciiv¢ obli8Rlion lo that expenditure. il 15 probable settlement is required aiid the amoujit Lan be ieaSured iellably. All costs are allouted lo Ilie applicable expeiidiiure heèding that a88re8ales similar co.%ls lo that cale8ory. Where cosls L#l)not be dircctly attribilled to patticuloi lieadin8S they have been allocaled on a ba5js cojisislent with Ilie use of i"esouices, witli central stair C051s allocated oll Ilie basis of lime %p¢iil. aiid depieciatjoll LlJaib7es allooated oil Ihc portion of the 5¢t,5 use. Oiha. support costs are allocoled based on the spicad of slatfLos1s. Churilable oclivlliés Charitable expendilure Lompti5¢s those costs inciirr¢d by the charity in the dclivery of i15 activities and savices for its benefiei1£ ries. It include5 both cosls that can be allotated directly to siich actlVi¢ie5 and Ih05e Costs of an Indirect iiaiute necessary to 5llPPOlt thcni.
Hanley & Gellestrope Charities kllown as Henry Hanley for Almshouses IYote8 to the Financial Statements for the Year Ended 31 March 2025 (continued) Ttsx*tlon The charity is ¢onSided to pass the tests set out ill Para8iapli I Schedule 6 of the FiiianLe Act 2010 and therefore it inee15 tlie definilion of a charitable company UK corporation lax purposes. AccotdinBly, Ihc 'clthrity is poteiilially ex¢Jnpl from taxalion in respect of incon)e or eapilal Bains irceivcd within categories covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or S¢Llion 256 of Ihe Taxaliotx of Chargeable Gait]s Act 1992. to the ¢xletyi that sucli it)coJn¢ or gains are applied exclusively to cli"itb]E putP05es. TAnglble fixed assets Individual fixcd assets costin8 £IOOO or mvre ale initially reeorded at cost, less any subsequcnl accumiilated depieLialion and subseqiienl acLuJnulalcd iinpaInnenl 105se5. Depreeiation an(1 Ylmoi'tisation Asset clfiss Land at)d buildin8S DeprecRxtion metliod and rate Shown at jnarkct valiie. Fixe(l a85et invcstm¢nt$ Fixcd assel invtt8tmenlS, other than progranune related investment5. are included at maikei VAlue at the balartce 5h¢¢t dale. Realised gains and losses on illve51inenlb ar¢ calculated a5 the difleienLe beiweert sales proceeds and their n)aTket value al the slart of the year. or their subsequent cost. and ate char8¢d or credited 10 the Statement ot Financial AclivilLe5 in the period of disw>sal. Ut]realised gain5 and losses represent the movement in market values during the yeai alld ale ¢r¢dited or clmrged to tlie SiatcJDelll o[Filn¢La] Aciivi(ies based on Ilie market value at the year end. Tr&ile debtor5 I'radc dcbioiE are amounts du¢ Irom cUstonrS for merchandisc sold or servic£s perfotmed in th¢ ordinary course of busine8S. Trade deb¢or5 are ieco8nised initially at the transaction price. They are 5ub5equeEitly measured at 8morti$ed cost usitJ8 tlie effective int¢te5¢ meihod. les% provision for ijnpainllent. A provision for tlie inii)aitm¢nt of d¢bt015 15
stablislied when therc is objeLtive evidenL'e thai the charity will not bc abl¥ to collcct all amoullls due
accoiding to the origitml lern)s of the rcccivable$. Cash an(1 cash equavulents Co51) dnd cash equivalents coinprise casl) on hand and 11 deposits. and other short-(a bighly IiqLiid inVe51Jnenls th9¢ Mre readily convertible lo a known amount of ¢a5h aiid ore subject to insignificant risk of ¢lianBe iti valLIe. Page 9
Hanley & Gellestrope Charities knoivn as Henry Hanley for Almshouses Notes to the Financial Statements for the Year Ended 31 March 2025 (continued) Trhde ei'edltors Trade cicdilors ale oblLgatiOll5 to pay foT goods 01 setvices that have been acquired in the ordillary coiirse of bilesS froin suppliers. Accout)Is payablc are Lla55ificd as CillTCllt liabilitics if Ihc charity does nol havc all unconditional right, at the end ot. tlie reporting period, to deter settlement of the creditor for at least twelve months ofter Ihe rep(ITling date. If the is an iillCODdilional riBht to defer seltl¢ttLenl leasi Iwelve month5 aft¢1 the reportillg date, they ate preseuted as llon-euct liabilitie5. Trade creditors a]E recognised initially at the transacliotj price and subsequently measured at amortised cost using the effective inteTest ineihod. BorroTrvings Inteiest-beatillg borrowings are initially recorded at tair value. net ol. ttansaclion costs. Interest-bearing bom)win8s are subsequejitly Caled at amorlised cost. with the diffeimice between (he proceeds, net of Iransactlon LO%ts. and the amount due on rtdnpti0n being recognised as a charge to ihe over the peri()d ot'tli¢ relevant borrowing. Interest expellse is recogllised oll the basis of tlie effective interest ethod and is included in interest payable and sin)ilar charges. Borrowings are classtfied as current liabilities unless the has an uncotxditional right to defer settlement of the liabilily for at least twelve months after the reportirtg dale. Futtd strlltture Unrestiicled it]coJne fia5 are general fid5 that ale availablc for u5¢ at the truste¢5' discretion in fi¢[anCe of the objectives olthe chai'ity. 2 Income from charitable aetivities Unrestricted runds General TotfiI Tot&1 2024 Maintenance contributions 43,945 43.945 39.607 3 InY¢stm¢nt incoThe Unrestrlcted fund5 Gcttei'al Total Total 2024 Interest receivable and sijnilar incoJi)e.' Inteie5t receivable on baiik deposits Othei" iiicoIiie fioiJL fixed ossel ll)vesiment$ 272 1.223 272 1.223 278 1.200 1.495 1.495 1,478 Page 10
Hanley & Gellestrope Charities known as Henry Hanley for Almshouses Notes to tbe Financial Statements for the Year Ended 31 March 2025 {continued} 4 Expendlture on charitable 4¢tlvAtles Unrestrlcted funds G¢Dernl Total 2025 Total 2024 Sllbscriptions Water 343 2,719 1.471 8,653 690 17.791 5.450 71 165 3.373 343 2.719 1.471 8.653 690 17.791 5,450 71 165 3,373 196 2.581 1.462 8.400 666 IDsurartce Housins man?Bement Indepclldenl examiners fee Oidinaiy repair8 CycliLdl repatrs BaJ]k & loan chorges AdEninistration fee Council tax 4.896 71 166 1,608 40,726 40,726 22.989 5 Independent examincr's fees Durillg th¢ period, t1 fees payable (excluding VAD to the charity's indq>Bndent examiner Conllnutlity Accountlll8 Pliis ale analysed as follow5". 2024 Indepettden( cxamination 575 555 575 555 Pagell
Hanley & Gellestrope CbArities known as Henry Hanley for Almshouses Notes to the Financial Statement$ for the Year Ended 31 March 2025 (continued) 6 Taxation The charity is a 1¢8islered charity and Is therefoie exen)pt froni coiporalion taxation. 7 Tanglble fixed a$5ets Land Y4nd buildings Totfil Cost At l Apiil 2024 690.000 690,000 At 31 March 2025 690.000 690.000 Depi*ciatAon Al 31 March 2025 f4et book Value At 31 March 2025 690.000 690,000 At 31 Marcli 2024 690.000 690,000 8 Flxed x$set inyestments 2025 2024 Other investments 339.769 -347.772 Page 12
Hanley & Gellestrope Charities knojvn as Henry Hanley for Alm$houses Notes to the Financial Statements for the Year Ended 31 March 2025 (eontinued) other Rnvestmentg Unlisted Investments Total Cost oi. Valuatio At l April 2024 347.772 {8,001) 347,772 18,003) Revaluation At 31 March 2025 339.769 339,769 Net book value At 31 March 2025 379.769 339,769 At 31 March 2024 347.772 347,772 9 Dtbtors 2024 Trade debt015 Prepayn)ellt5 Atcnied ineorlle 42.180 2,123 279 550 43,083 41,112 10 Creditor5: amountx fAlling due within one year 202.5 2024 Trad¢ creditors Oilier loans other creditors 12.059 3.300 690 5,069 16.049 8.369 Othtr borroivings Thc A]illslJouse A.%socialion Loall willi a cHtrying ain()unt of £1,100 {2024 £6,600) is denominated in Sterling with a no11lIa] interest i.ute of O (2024- 0). The Iinal i115t?Iinertl is due on 31 Marcli 2026. licpaymeiit is thtoiigh half yearly InstaleI5 of £1733 over 10 ycars. 11 CreditOl'5: amounts fttlling due after one yrar 2024 Other108JlS 3,300 Pa8e 13
Hanley & Gellestrope Charities known As Henry Hanley for Almshouses Notes to the Fillancial Statements for the Year Ended 31 March 2025 (continued) 12 Related pttrty tr#nsatflon DurEn¥ the year lh¢ oharity nudc the followin8 related party ts'ansaetions.. Related partie5 incliide Charily Tnistees and Nottingham City Cowitil as tlie otganisation with rcsponsibilily for appoijilin8 or rcmoving trllstees. NotlinglMxll City Council'l'rattsaetion$ Tenipoigiy I,oan vii deposii 31 March 2025 £5,500 tnteie5t on Temporary Dq)osit £272 tllSurance £1,471 Properly niainlenance works provided by No1¢isba City l.lomes £21,341 Anniial Pr(¥peity maLiageent Fee £8.653 At the Meeting of Tn]stees 20 Febnlary 2(XH it W?5 T¢501ved that tlie housing management fi]nction be all8rTed to Nottingham City Counexl. With effect fio]n l April 2005 Nottin8liam City Homes an am15 length mattagement organi$alion of Nottingham City Council became responsible for the property maaagemcnt runclinn). At the balallcc sheet date tbe amount due tolfrom related parties was £Nil12024- £Nil}. 13 Repaii's additionAI knformtstlo Opening bAlances Incoming resollrces (Re$1'ceS cxpended) Closing balaDce5 Ordinary repairs Cyclical Maintenance Extraordinaiy rcpairs (1_3,574) 67.365 5,796 6.489 9,396 5,751 (17.791) {5,450) (24,876) 71.311 45 47.995 (23,241 Witliin tliese repair filnds, the income iEpresenls the amounts tequii¢d to be set a5idc by the Ahnshouse Association, the expenditure Is the attiial spend in Ihe peiiod. 14 Tru5t¢o$ rcThuncratioN and ¢xpensc5 No Iruslecs. nor any perso1 connected witli them, have re¢eiv¢d any r¢lliuneiTrtioii froin the ch'&ty during tjie year. No ItLiStees have ieceived any reitnbur5ed cxpcn5es or any other benefits from ihe diority dvriiig the year. Page 14