OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

GoCQhJ FINANCIAL STATEMEpirs FOR THE YEAR EN[￿ 31 DECEMBER 2023

BurrERFIELD HOMES FINANCIALSTATEMEpirs FOR THE YEAR ENDED 310ECEMBER 2023 CONTENTS Indep￿dent examIn￿8 repcKt Statement of assets and Ilabiltt Receipts and payments Notes lo the accounts

FOR THE YEAR ENDED 31 DECEMBER 3)23 Chaffty Nwnbgr. 220 GÈFTrrn R NKLas Rswaix Prfndp•l Offl￿. 8uttw 39thrth H4n 8D17 k•r•: 45 Huslwgatè 801 1Nr Indewthnt A J Brorn FCA HD6 4JJ Publlc bpn Thè tNste88 ha￿ LX)mpW duty 5&rm 1715) Lrf Ihe 2011 lo ha due ID put41e ben9fit gU￿lanCe W￿y5h8d CqnmisthTlw Ihew r￿e8￿ du

8UTfERFIELD HOMES TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Actlvltl•s The charity has continued lo maintain the to a h￿h starKlard. and the eiderfy residents have been able to 8njoy ￿aCefUl mpation. Reviow of the year Income for the year amounted to £29,W2 (2022: £29.892} before share sales. Expenditure before share pur¢hases totalled £20,37312022: £25.6891 leaving a cash surplus for the year of £5,119 (2022.. deficit £59n. The sL8tement of assets and liabilitss r#ywshows net assets of£541,044 {2022: £525.970). Investmont pollcy The chariW5 funds are hdd partly in bank and party in charity 1rNestm￿l funds managed by CCLA and M&G Investments. Rgsoms policy The trustees consider that the prnnt18vel of reserves is required to er￿ble the charity to maintain the propwties to a high standard. Approved on behalf oflhe trustees on 2025 by A Edwl¢k Trustee D Ja•per

BirrrERFIELD HOMES INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 I report to the trustees on my e￿InatIOn of thg acL¥Junts of Butterf￿ld H¢yne5 (the CharÉiy) for the year eT￿ed 31 D￿mber 2023. Ra8ponslbllltlo5 and basi$ of roport As the tnjstees of the Charity you are responslble for the preparation of the acc(￿nts in accorda￿ with the requirements of the Charities Act 2011 {kne ACV). I report in respect of my examination of the ChariV$ accounts carried out under 145 of the 2011 Act and In carying out my examination I have followed all Direction5 given by the Charity Commission under section 145(5Kb) of the Pd. Indepond•nt oxamlnerfs slatem•nt I have completed my examination. l (Thfimi that no material matters have cx>me to my atterrtion in eonneclion with the examination giwng me cause to belwe that in any mateflal respect.. act￿ntIng record5 were not kept in respect ofthe Charity 85 required by section 130 ofthe the ac4>)unts do not accord with those rec4xds. I have no concerns and have come across m other matters in ￿Inec1￿)n wlth the examination to vthich attention should b8 drawn in thi8 rewt in order to enable a proper understanding of the a¢counts to be reach￿1. A J Bro•nan FCA Birkby House 8irkby Lane BrighoLJse Westyorkshire H06 4JJ Dated". 8 April 2025

STATEIIENT OF ASSETS AIID UAW FOR THE YEAR EI&)ED 31 DECEMBER 2023 C¥¥lt at b￿k 158 2 w,rxiJ COIF c￿ Ch￿tIeS In¥wh￿t FLnJ 3.122 shares- M&G 522,931 Totsl a819ts 541.044 525.970 RoprEenied trf.- G•n8ral fund:_ BrOu￿t Tr8n8f8r fmm endowrn Cash movamont {see p8gè 5) ONKlen¢ts ￿ve￿ #nd ￿rNeS￿￿ 44.470 41828 5.119 119 (5971 Im185tm8nt sde pr￿e•J5 In¢rea5elldecTr&g8) in valu• of Inv&1￿ I3,￿? 44.470 Pro￿rtY fund Surplus on Total as•ts ILJlllt 541.044 525.970 Appr(w￿l on behalf gf ts tru5taos cli A Edwldr Trustee

8irrrERFIELD HOMES RECEIPTSAND PAYMENTSACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Incomo from resldents:. Resldent contributions 29.892 29,892 Gro88 Incom• 29,892 29.892 Inve*ment salo• proGoods Total re¢olpts 29,892 Ai Wages . seuetary Insurance Repairs and renewa$ Garden mainlenance Accountsncy. legal and professional feeg Sundry expenses Charitable d(K¢atths Subscfiptions Gr088 exyndfture 3.119 10.239 2,057 16,838 2.327 20.373 25,689 Purcha80 of InvKtmonts 4.8CKI Total payments 24,773 Netwh recolpts 5.119 (597) Cash fund8 broughtftyward 3.039 Cash funds ¢arrled foNRrd 8.1&8 3.039

BUTfERHELD HOMES NOTES TO THE ACCOUPITS FOR THE YEAR ENDED 31 DECEMBER 2023 Invosknorts CCLA- CO ¢harltl86 M&G ¢harfty Investmont multi asset fur fund Totsl Valuation brought fward Additional investrrwits purchased Investments sokl In¢reasel(deGrease) inyalue 39,991 42,931 4,519 119 5.373 5.436 49.764 3.122 52.886 Freehold Property At 19 November 2008. the BUtterf￿d Homes properties at The Grove, Baiklon were valued by Mr Clinton D Filzpatri¢k FRICS of Fitzpatrick Commercial Valuers of Brndfryd. The open market value at th time was assessed at £480,000. The trustees consider this value to still bo appropriate. 3 Aecou￿ln9 Polldo8 The accwnts of the trusl are prepartrj on a re￿Ipts and payments basis. 4 Trust￿3 Rernuneratlon & Rolatod PartyTrnnB•ns Wages of £3.119 (2022". £3.304) were paid in the year to Ms C Smith for secretarial and management servws. Ms C Smith was a trustee of the dwlty until 22 Juty 2020. arKI the granddaughter ofA Ed￿￿ck (trustee).