HthTrry. Duke of Cléveland Charfty
Annual report for the year ending 31° December 2023
The Trustees present their report for the year ending 31" December 2023.
The Tnjstees of the Henry. Duke of Cleveland Charity during 2023 (and appointing bodies
where appropriate) were:
Lord Bamard (Chairperson)
Mr D. Peake
Raby Estates. Ex￿ffiCI0 Trustee.
Raby Estates. Ex-officio Trustee.
Church of St Mary the Virgin, Staindrop, County Durham.
Ex-officw) Trustee.
Revd Canon Eileen Harrop
Mr J. B. Poole
Cwtive Trustse. Five year tenn.
Cwtsve Trustee. FNe year lemi.
The object of the Chanty is to provide housing for deserving persons of gcod character
aged 60 years or older who are not in full-b'me employment and have a connection to
Stsindrop through residency, employment or family. The chanty owns 12 terra￿d
properties in Staindrop. The administration of the Charity is carried out by the Clerk to the
Trustees who receives an annual remuneration.
Mr E. R. Chicken
Under the founding Charty Commission Scheme (govemirKJ d(Kument) the Tnjstees hw4e
established a Cyclical Maintenance Fund for the purpose of providing for items of ordinary
rna1ntenan￿ and repair of the almshouses as may oc£ur at infrequent but regular
intervals. This fund amounted to £80,411.83 on 31 ryl December 2023. The Trustees have
also established an Extraordinary Repair Fund to provide for future major expenditure
such as extraordinary maintenance. improvements and for the rebuilding of the
almshouses. This fund amounted to £546,888.45 on 31" December 2023. These funds
are invested in income and accumulation shares with the M&G Charity K4utti Asset Fund
and with the CCLA COIF Charities Deposit Fund.
The Charity has 8 general incomelexperKliture (Community A(£ount) ¥￿th Bardays Bank
at 31 High Row, Darlington DL3 7QS.
The Charities Independent Examiners are Addison and Co. 91 Galgate, Bamard Castle,
County Durham, DL12 8ES.
Mr Kevin Atlen, Clerk to the Trustees.
On the behalf of the Trustees
9° October 2024
1/1

Independent Examiner's Report on the Accounts
Report to tbe trustseslmembers of Henry. Duke of Cleveland Charity
Regis¢ered Charity Number 221407
On Yd¢collnts lor ¢he year ended 31.12.23
Respective responsibilities of As the charity's trustees you are responsible for the preparation of th¢
trustees and examiner
accounts. you consider that lh¢ audil requir¢ment of section 144 of the
Charities Act 2011 (the Act) does not apply. It is my responsibility to
slate, on the basis of procedures spe¢ified in the Generdl Directions given
by the Charity Commissioners under section 145(5Xb) of the ACL whether
particular matters have come to my attention.
Basis of independent examiller's
My evmination was carried out in accordance with the General Directions
report given by the Charity Commissioners. An examination includes a review of
the accounting ￿ordS kept by the charity and a comparison of the accounts
pr¢s¢nted with those records. It also includes consideration of any unusual
items or disclosures in the accounts. and seeking explanations from you as
trustees concerning any such matters. Th¢ proc¢dures undertaken do not
provide all the evidence that would be required in an audiL and
consequently I do not express an audit opinion on the ￿]eW given by the
accounts.
Independent examiner's statement In connection with my examinatioo no matter hos come to my attention.
(l ) which gives me reasonable cause to believe that in any material respect
the r¢quirements
to keep accounting ￿ordS in accordance with section 130 of the
Act, and
to prepare accounts which accord with the accounting records and
to comply with the accounting requirements of the Acl
have not been met. or
(2) to which, in my opinioTt. attention should be drawn in order to enable a
proper
derstanding of the accounts to be reached.
Signed
Dgte
i.10.24-
Name D S A->-01￿￿ &qCMo*Y>) FLA.
Relevant profe98ional qualifi¢a¢ion Member of th¢ Institute of Chartered Accounts in England & Wales
or body (ifaDy)
Address Addison & Co. 91 Gal8ate. Barnard Castle. Co Durham

HENRY, DUKE OF cLE4￿LAND
BALANCE SHEET
YEAR TO 31 DECEMBER 2023
Unrestricted Restrirted Restritted
Fund
Fund
Fund
General
Cyclical
Extraordinary
Totsl
2023
Total
2022
FIXEDAssErs
Land & buildings
Investments
Total fixed assets
11.402.34
5,107.76
16510.10
11.402.34
11,402.34
410,190.82 390,608.58
421593.16 402,010.92
49,493.65 355,589.41
49.493.65 355589.41
CURRENT ASSETS
Debtor51prepayments
Cash
Charities Deposit Fund
Cash in hand
Totql current assets
3,934.52
55,127.02
3.934.52
22,695.67
28.020.72
19.06
54,669.97
2,067.14
21,087.06
21,969.36
17.09
45,140.65
-16,432.87
28,020.72
-15.998.48
19.06
59.080.60
11.587.85
-15,998.48
CURRENT LIABILITIES
Receipt in advance
Creditorslaccruals
Amounts due < l year
Total current Ilabllltles
816.(X)
816.¢
816.C
787.27
816.00
787.27
TOTAL ASSETS LESS CURRENT LIABILITIES
74.774.70
61,081.50 339￿90.98
475.447.13 446,364.30
Creditors
Amounts due> l year
NET ASSETS
0.00
74.774.70
61.08150 339 590.93
475.447.13 446 364.30
CAPITAL FUND
Unrestrirted Fund
General
Restritted Fund
Cyclical
Extraordinary
TOTAL FUNDS
74,774.70
74.774.70
63,016.30
61,08150
61.081.50
52W.83
339,590.93 330.479.17
475.447.13 446,364.30
339,590.93
61.081.50 339,590.93
74,774.70
Signed by TWO TRUSTEES on behalf of all TRUSTEES
Lord Barnard
Date:
MrJBP
2 0th3D2+

HENRY, DUKE OF CLEVELAND
INCOME AND EXPENDITURE ACCOUNT
YEAR TO 31 DECEMBER 2023
Unrestricted Restrirted
Fund
Fund
General
Cyclical
Restrirted
Fund
Totsl
2023
Total
2022
ExtTaordinary
INCOME
Contributlons from resldents
Investment income
Dividend income shares
34259.93
34.259.93
31,340.0)
364.24
3.284.31
3.648.55
3.266.42
Dividend accumulation shares
Charities deposit fund
Total incoming resources
19,582.24
19.582.24
1,051.36
58,542.08
17,771.27
120.85
52,498.54
1,051.36
4,335.67
34.624.17
19,582.24
EXPÉNDITURE
D1￿ct Charitable Expenditure
Routine maintenance
5.439.88
5,439.88
5.334.43
Cyclical/extra-ordinary repairs
Water rate, council tax etc
Insurance
Warden servlce
Sundry expenses
National Association of Almsh(wses
subscription
Housing Ombudsman
1,123.LKI
10.470.48
11,593.48
3,522.34
2.201.20
293.80
927.37
15.025.60
3,248.75
1,952.81
279.76
420.20
3522.34
2.201.20
293.80
927.37
393.txi
393.IK)
382.CKI
69.00
Management & odminlstration
Remuneration of Clerk
Miscellaneous petty cash
4,062.42
140.76
4,062.42
140.76
3.499.92
107.91
Independent Examlners fees
Total resources expended
816.
17,865.77
816.00
744.00
1.123.CQ
10.470.48
29,459.25
30,995.38
Net incoming resources before transfers
Transfer5
16,758.40
.5.ClXI.
3.212.67
s.￿).(￿]
9.111.76
29,082.83
21￿03.16
0.00
Total fijnds brou8ht forward
63,016.30
s2￿68.83 330A79.17
446,364.30 424.861.14
TOTAL FUNDS CARRIED FORWARD
74,774.70
61￿81.50 339.5￿.93
475,447.13 446.364.30

HENRY, DUKE OF CLEVELAND
NOTES TO THE ACCOUNTS
YEAR TO 31 DECEMBER 2023
I. PRINCIPAL AcCOUTr￿NG POLICIES
The Charity is gov¢m¢d by a Scheme of the Clwity Commissio￿[S. These accounts ha￿ tten prepared in
accordance with applicable accounting staNlard and A￿UntIng aThl ReN)rting by Clwities- Ststement of
Recornmended Practice FRS 102.
a) The accounts are prepared on th¢ historical eJ)st b&8]*
b) Housing land and Buildings.
The only real prolty owned by the Clwity is a block of12 Almshouses Co￿ted in the second half of the I
Century. No accurate record of their cost is now available. and the Balance Sheet included only the Cost of the
improvements carTied out sirKe 1985. fijnded by grants and rnorwge loans from the Housing CO￿)ratIon and from
the Cl]atity's resources. Since the property is maintsined in a go(Ml state of repair the TnL8tees ar¢ of the
opinion that it is not appropria* to provide for depreciation ther¢of.
¢) Housing Associalion Gfant
The grant. shown as a deduction from Ihe cost of the improvements carried oul since 1985. is repayabl¢ in certain
circutnslanc¢s. particularly following sale of the property. The TnL8tees do intend to sell any part of the propety
and do not anticipate that the wt WRII b¢come repayable.
2. FIXED ASSEfs, FREEHOLD AND BUILDINGS
2023
2022
Balance brought forward
Additions
Housing Association Grant
Disposals
Balance carried fon¥ard
277.447.74 277,447.74
266.045.40 266,045.40
11,402.34
11.402.34

HENRY, DUKE OF CLEVELAND
NOTES TO THE ACCOUNTS (CONTINUED)
YEAR TO 31 DECEMBER 2023
3. FIXED AssEfs, INVESTMENT INCOME SHARES
2023
2022
At valuation at 5 February 1976, with subsequent addittons at COSt.
Common Investment Fund, Income Shares
At beginning of year
Additions during the year
At end of year
54.601.41
43,825.41
10,776.00
54,601.41
54,601.41
Market value
86.240.29
84,790.47
9585 shares - General Fund
48744 shares - Cyclical Maintenance Fund
25926.515 shares- Cyclical Maintenance Fund
11759.058 shares Cycllcal Maintenance Fund
5.107.76
16.145.65
22,572.
10,776 (M)
54,601.41
5,107.76
16,145.65
22,572.
10,776.CK)
54,601.41
4. FIXED ASSETS, INVESTMENT ACCUMULATION SHARES
At valuation at S February 1976 with subsequent additions at cost.
National Association of Almshouses Common Investment Fund Accumulation Shares.
2023
2022
At be8innin8 of year
Additions durin8 the year
Accumulation incorne added durin8 year
At end of year
4577.332
336,LX)7.17 311,647.
6,588.(Kl
19,582.24
17,771.27
355,589.41 336,C07.17
4577.332
Market value
513,039.27 483,049.97
5. DEBTORS AND PREPAYMENTS
2023
2022
Amounts fallln8 due vlithin one year
Debtors and prepayments
3,934.52
2.067.14

HENRY, DUKE OF CLEVELAND
NOTES TO THE ACCOUNTS (CONTINUED)
YEAR TO 31 DECEMBER 2023
6. CRED￿ORs AND ACCRUALS
2023
2022
Amount falling due within one year
Crcdilors & Accruals
816.¢X)
787.27
Amounts falling due after rnore than one ye￿.
Loans on mortgagc secured by a charge on thc Charity's hO￿ing laThl and buildings re￿Yable by equal inslalm¢nts
of principal and interest. the final instslments falling due March 2019.
7. RESTRicfED FUNDS
Extraordinary Repairs FuDd- Restricted tncome Fund
This is a r¢serve fund for major ext￿￿kn"tUre and is invested in arxurnulation share& It was set up for th¢ purwse of
providing for the extraordiw repwr, improvemenl or rebuildmg of the AIn1skn￿ of the Chan'ty.
Cyclical Maintenanc¢ Fund- Rcstti¢ted Income Fund
This fund is retain￿ by the TnLStees to meet It¢ll￿ of ordinary maintenance aThl repair of the Almshouses as
occurring at infrequent intervals, ¢.g. internal and external redecoration and the cost of professional fees in respect
of Quinquennial Inspections. Il is invested in the CRJarities tkposit Fund and Incom¢ shares.
EKfRA
ORDINARY
CYCLIC4L
Incoming Resourccs
Expenditure
19%2.24
10,470.48
4.335.67
1.123.CQ
Gains and losses (net movem¢nts)
9.111.76
3,212.67
Opening balance
Transfer from Genetal Fund
Closing balance
330,479.17
52.868.83
5,OLY).C
61,081.50
339,590.93
The Cyclical Fund and Extraordinary FuThl were overdrawn by £16.432.87 and £15.998.48 respEctively at th¢ year
end with the overdra￿1 elenkent tcpr¢s¢nted by funds held in the GuKral FuThl. Since th¢ year end funds hav¢ been
transferred from the General Fund to recitify the sityation.

8. CAPITAL com￿￿ENTs
Ther¢ were no commilm¢nts for capklal eXp￿lture at 31 Dxember 2023.