Independent Exydminer's Report on the Accounts
Report to tbe trUste￿￿emberS of Henry. Duke of Cleveland Charity
Registered Charity Number 221407
offj #rcounts for the ye4r ended 31.12.24
Re8pedive responsibllltles of As thecbarity's tr￿Stee5 you are r&sponsibl¢ for the iry)aration of the
trustees and euminer accounts. you consider that ihe audit requirement of section 144 of the
Charities 2011 (the A￿) does not apply. It is my re5FKTrnsibklity to
siaie. on the basis of procedure5 StKcified in the Genera] DirectioTLS given
by the Charity Conm)issioners under section 145(5Xb) of th¢ Acl. whether
particular matters have (x*me to my attentiorL
B•$is of independenl examiner'5 My examination was carried out in accordance with the General Dir¢tions
report given by the Charity Commissioners. An examination includes a Teview of
the accounting records kept by the charity and a comparison of the ac￿Unts
pra8ented with those record%. It also includes ¢onsiderntion of any unusuai
items or dtsclosures in the account% and seeking explanations from you as
Jsl¢es concerning any such matters. The procedures undertaken do not
provide all the evidenee would b¢ requir¢d in an audiL and
onsequently I do not exprass an audit opinion on th¢ view giv¢n by th¢
Indep¢nd¢Dt ex4mltt¢r's sts¢emeot In coruKction with tny examinatio￿ no matter has com¢ to my attention.
{1) which giv&% me reasonable cause to believe that in any mafrrial ffskxct
the requir¢m¢nts
to keep accounting re￿rdS in accordance with section 130 of th¢
A¢L and
to p￿Paff wiurtts which accord with the aLxounting records and
to comply with the xcounting requirements of the Act
have not been tnet: or
(2) to whi¢ty in my i)pinion. atlention should be drawn in orderto enable a
prow understanding of the accounts to reached.
Signed
J_J.
Date
N*me
J>rf (f(J 4JJ>i5-
RelevgDt profes$loDal qu*ll1l￿tIOll Member of the Iltstitute of CharterrAJ Acwunts in England & Wales
or body {If*lly)
Addre&s Addison & Co. 91 GaIg4￿ Barnard Castl< Co I￿rhaM

HENRY, DUKE OF CLFVELAND
BALANCE SHE
YEAR TO 31 DECEMBER 2024
UnrestrKted Unrestrthd Re5trictrd Restrthd
Fund
Fund
FUNJ
FUIKI
General
Cydical Extraordirtary
Totsl
Total
Reserve
2024
2023
FIXED ASSErs
Land & buildirwds
Investm•nts
Totsl flxed assets
11.40U4
5.107,76
16.510.10
11.40234
IIA02.34
431,260.61 410.190.82
442,662.95 421,593.16
49.493.65 374659.20
49,493.65 376.659.20
OJRRENT ASSETS
Debtorslprepayments
Cash
Charities Deposit Fu￿1
Cash In hand
Totsl ¢urrent assets
2.615.76
71,186.73
1615.76
19,267.32
30.456.37
20.16
3,93452
22,G95.67
28,020.72
19.06
-20,340AG
29,45637
-31.578.95
i.0￿.
20.16
73.822.65
I,(KQ.C
9,115.91
-31.578.95
51359.61
54.669.97
CURRENT LIABILITIES
Receipt in advance
Credltorslaccruals
Amounts due < l year
Totsl ¢urrent Ilabllities
441.62
441.62
816.00
1341.62
1,341.62
816.
TOTAL ASS￿5 LESS CURRENT LIABILITIES
88,991.13
i.£￿.L￿ $8.&J9.$6 345,080.2S
493,￿.94 475,447.13
Credltors
Amounts due> l year
N￿ASS￿5
I tXYI.W $8 ￿956 345 080.25
493 680.91 475 447.13
CAPITAL FUND
Unrestricted Fund
General
Reservo
Restricted FurKI
Cyclical
Extraordinary
TOTAL FUNDS
88.991.13
88.991.13
I,Cfrf).Cw)
74.774.70
58.fA1956
58,f4)9.56 61,081.50
345,080.25 339,5￿.93
493 680.94 475 447.13
345.080.25
I 0￿.00 58 609.56 345 080.25
Signed byTWO TRUSTEES on behalf of all TRUSTEES
Lord Barnard
Date:
MrJBPcde
Date:
04IO&/L5.
[,'( I,"

HENRY, DUKE OF CLEVELAND
INCOME AND EXPENDITURE ACCOUNT
YEAft TO 31 DECEMBER 2024
Fund
FuThJ
Fund
Cydical Extraordinary
Total
Total
General
Reserve
2024
2023
NCOME
Contributions from resldents
Investment income
Dlvidend I￿ome shares
39,253.72
39.253.72
34.259.93
388.21
388.21
3.648.55
Dlvldend accumulatlon shares
Ch8ritie5 dep%it fund
Total in¢omin8 resources
35IXI.41
Ih35.65
4.936A16
21.IA9.79
24.570.20
1,435.65
65.E47.78
19.582.24
1,051.36
58.542.08
39,641.93
21,069.79
EXPENDITURE
Dlrect ChGritoble Expenditure
Routirvd maintenance
11.047.78
11,ts17.78
5,439.88
Cyclicallextra-ordinary repairs
Water rate, council tsx etc
Insurance
Warden ￿rvic•
Sundry expenses
National AssocTration of Almshouses
subscription
Houslng Ombudsman
7.406.(￿ 15WA7
22,988A7
3,919.82
2,389.32
309AO
11,593A8
3,522.34
2,201.20
293.80
3.919A2
238932
22050
927.37
539.IXI
393.00
96.36
9636
59.00
Mt7nt7gement & odmlnlstrt7tlon
Remuneration of Clerk
MlsGellaneous petty ¢a$h
4A12.42
4￿12A2
148.90
4.062.42
140,76
Independent Examiners fees
Total resources exFended
2.￿)
912.IX)
816.LKI
24.425.50
7.4Q8.fK>
IS.$80A7
47,413.97
29,459.25
Net In￿mIng resources before trar￿￿5
Transfers
15.21&43
.I,cw.
-1471.94
5.*18932
18.233.81
29.082.83
i.(KQ
Total funds brought forward
74.774.70
61.C*I.$0 339.5￿.93
475,447.13 446,364.30
TOTAL FUNDS CARRIED FORWARD
88.991.13
LIX(I.LKI 58.EiYJ56 345.080.25
493.680.91 475.447.13

HENRY, DUKE OF CLEVELANO
NOTES TO THE ACCOUNTS
Y&qR TO 31 DECEMBER 2024
I. PRfNcipAL ACCOLNfiNG POIJCIES
The Charity is govemed by L Scheme of the Charity Commiygioners. Thege w)unts havE been prepar￿ in
accordance applicable ￿)untIn8 Standard and Accountu)8 and Rw)rting by Cl]aritie5- Statement of
Recommended Pr￿ts"Ce FRS 102.
A) Tht a¢¢ounts are preparèj OA tht histOne81 CO￿ b&%is.
b) Housin8 Land and Butlth"n
The only red pr¢)Fffj oprned by the Charity 15 a block of 12 Almshouses C￿nstr￿ in th¢ s¢cond half of the 19
Century. No accu￿¢ r￿rd of their coa is now available. and the B8]ance Sheet [n¢lud￿ onty the ¢0* of the
improvements oul sÈnce 1985. funded by grants and mortga8e loans from th¢ HOU5ll￿ Cotporalion and from
the Charity's own resources. Since the WOFwty is maintsined in a of rqmir the TnL4e&s are of the opinion
that tt is not appropriate lo provide for depr￿la￿On thereof.
) Housing Association Grant
The grant. shown a5 a d￿lucI10n from the Cost of the Improvements carried out since 1985, is repayttble in Lyrtain
¢ir¢urtlstsnce4 particularly folloiving s8Je of the propety. The Tn￿ do not intend to ¥ell any pwt of the prop
and do not anticipate that the grant wll b#ome repayable.
2. FIXED ASSEfs, FREEHOLD AND BUILDINGS
2024
2023
Balan¢è brou8ht forward
Additions
Houslni Assoclation Grant
Disposals
Balanc8 carrled fonward
277.447.74
277,447.74
26&(hl5.40
266,045AO
11.402.34
11,402.34

HENRY. DUKE OF CLEVELAND
NOTES TO THE ACCOUNTS ICONTINUEDI
YEAR TO 310ECEMBER 2024
3. FIXED ASSEfs, INVESTMENT INCOME SHARES
2024
2023
At valuation at 5 February 1976. with subsequent addittons at cosL
Common Investrnerrt Fund. Income Shares
At be8Inn4r￿ of year
Addltions during thÈ year
At end of year
54,601AI
$4,601AI
s4.￿11.41
S4.￿1.41
M•rk•t value
89,130.33
240.29
9585 shares- General FurKI
48744 shares. Cyclical Maintenance Fund
25926.515 shar•s- Cyclical MaintenarK• Fund
11759.058 shares Cyclical Malnter+ance Fund
5.107.76
IA145.65
22,572.IXI
10,T76.(KJ
54.ElSl.41
5.107.76
16.145.65
2Z572.(
10.776.00
$4.601.41
4. FIXED ASSEfs. INVESTMENT ACCUMULAMON SHARES
At valuation at 5 february 1976 with subsequent additior￿ at cosL
National Ass¢xiation of AlmshoL￿$ Common IrThpstment FuThl Accumulation Share
2024
2023
At beginning of year
Additions during the year
Aceumulation income added durlng year
At end of year
4577332 355,589AI
336.￿7.17
21.069.79
4577332 376.659.20
19.582.24
355.589.41
Mark•t v•lu•
554,183.99
513.039,27
5. DEBTORS AND PREPAYMENTS
2024
2023
Amgunts falllng due within on¢ year
Debtors #nd prepayments
1615.76
3,934.52

HENRY, DUKE OF CLEVELAND
NOTES TOTHE ACCOUNTS {CONTINUEDI
YL4R TO 31 DECEMBER 2024
6. CREDrroRS AND ACCRUAIS
2024
2023
Amount fallin8 due within one year
Credilors & Accruals
816.00
Amounts falllng du¢ after more than one year.
ans Ort mortgage 5ecur&J by a ¢h8rge on the Ch￿ty'S housing land and butlditigs repayable by quai inslalments of
principal and intere5L the final It￿ falli￿ due Mwch 2019.
7. RESTRJCTED FUNDS
Extraordinary Rewrs Fund- R¢&ncted tn¢ome Fund
Thi8 is a reserve fund for major expendilure and is Inve￿￿] in ￿umUl*]0n sha￿& It was set up for the pUr￿se of
providing for the ¢xtraordirwy repair. improvanent or rebuildm8 of the Almshouw of the Chorrty.
Cyclicai MainlenarEce Fund- R&8tri¢ts>J Income Fund
This fund Is retwnd by the Trnste¢5 to me£t items of Ordin￿ n￿l￿tenance and rtyair of the Aknshouses as occwring
gt infrequent intwvai8 e.g. intrrnal and external rede￿ra￿oft and the of professional fees ID respect of
Quinquennial Insp￿￿Ons. It is iftve#ed in the Clwities Depw't Fund and Ineome shares.
FtrND NAME
ORDINARY
Incoming Resources
Expenditure
2L069.79
15.580A7
4.936.06
7.4(&8.
Gains and lossts (net movemerkts)
5.489.32
-1471.94
Opening balance
Transfer from General Fund
C105ing bdance
339.59)S3
61.081.50
345,080.25
58,E4)9.S6

The Cyclical Fund and Extraordmary Fund were overdrawn by £20.340 46 and £31.578 95 resp￿tively ￿ the year
end with the overdrawn element represent￿ by futmts held in the General Fund. sift￿ the year eLd fimds have been
transFThl from the General Fund to rxitsfy the sttuation.
8. CAprrAL COMMrrMENts
There were no commitrnents for capitat exp￿dityre at 31 D¢omber 2024.