|||||||Page||
|---|---|---|---|---|---|---|---|
|Reference|and  Administrative<br>|||Details||||
|Report<br>of the||Trustees|||2|<br>to|4|
|Independent||Examiner's|Report|||||
|Statement|of|Financial<br>|Activities|||||
|Balance<br>Sheet||||||||
|Cash Flow|Statement|||||||
|Notes<br>to|the|Cash Flow|Statement|||||
|Notes<br>to|the|Financial<br>|Statements||10|to|20|
|Detailed<br>|Statement<br>of||Financial|Activities|21|to|22|





## 

|TRuSTEES||Mr  Adrian Mark Horsley|
|---|---|---|
|||Mrs Patricia Anne Booth|
|||Mr James Needler|
|||Mr  Nicholas Luffingham|
|||Mr  Anthony<br>Nicholson|
|||Mr  Neil  Riseham|
|||Mrs Karen Woods|
|||Mr  Stephen Price|
|PRINCIPAL|ADDRESS|c/o Caretakers<br>Lodge|
|||2A Lees Rest House|
|||Anlaby Road|
|||Hull|
|||East Yorkshire|
|||HU4 6XA|
|REGISTEREDCHARITYNUMBER||221523|



|INDEPENDENT|EXAMINER|Sowerby||
|---|---|---|---|
|||Chartered<br>|Accountants|
|||Beckside Court||
|||Annie Reed|Road|
|||Beverley||
|||East Yorkshire||
|||HU  17 0LF||
|BANKERS||HSBC||
|||3-4 Jameson Street||
|||Hull||
|||HUI 3JX||
|INVESTMENT|MANAGERS|JM FINN||
|||4 Coleman|Street|
|||London||
|||EC2R5TA||





## 

## 

|||2025||2024|
|---|---|---|---|---|
|Number|of  residents at year  end||134|136|
|Changes|in residents during the  year  due to:||||
|New residents|||10|8|
|Resignations|||||
|Deaths|||||
||||12|13|
|Average|age of residents||77|78|





## 

## 

## 

## 

## 

## 

## 

## 



## 



## 

## 



## 

## 

|||||||||2025|2024|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
||||||Notes|{||||
|INCOME<br>AND<br>||ENDOWMENTS||FROM||||||
|Charitable<br>|activities||||4|||||
|Charges to residents||||||552,909||552,909|558,608|
|Income from|laundry|||||4,620||4,620|3,680|
|Electric sales||||||76,555||76,555|76, 189|
|Investment<br>income|||||3|31,067||31 ,067|31 ,878|
|Total||||||665,  151||665,  151|670,355|
|EXPENDITURE||ON||||||||
|Raising<br>funds||||||||||
|Other<br>trading|activities||||5|617,123||617,  123|456,521|
|||||||617,  123||617,  123|456,521|
|Charitable<br>|activities||||6|||||
|Governance<br>|costs|||||254,893||254,893|258,084|
|Total||||||872,016||872,016|714,605|
|Net gains on|investments|||||9,71 I||9,711|64,381|
|NET INCOME/(EXPENDITURE)||||||(197,154)||(197,  154)|20, 131|
|RECONCILIATION||OF FUNDS||||||||
|Total funds brought||forward||||1,482,153|80,023|1,562,176|1,542,045|
|TOTAL<br>FUNDS<br>||CARRIED<br>|FORWARD|||1,284,999|80,023|1,365,022|1,562,176|
|CONTINUING||OPERATIONS||||||||





## 

||||||||2025|2024|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|FIXED<br>|ASSETS||||||||
|Tangible|assets|||12|96,381|76,205|172,586|266,801|
|Investments||||13|738,782||738,78)!|718,474|
||||||835,163|76,205|91 I ,368|985,275|
|CURRENT<br>||ASSETS|||||||
|Debtors||||14||||4,322|
|Cash at|bank|and in|hand||521,957|3,818|525,775|610,219|
||||||521,957|3,818|525,775|614,541|
|CREDITORS|||||||||
|Amounts|falling due||within one  year|IS|(72,121)||(72,121)|(37,640)|
|NET CURRENT<br>ASSETS|||||449,836|3,818|453,654|576,901|
|TOT<br>AL|ASSETS<br>||LESS CURRENT||||||
|LIABILITIES|||||I ,284,999|80,023|I ,365,022|I ,562,  176|
|NET ASSETS|||||I ,284,999|80,023|I ,365,022|I ,562,  I 76|
|FUNDS||||16|||||
|Unrestricted<br>||funds|||||I ,284,999|I ,482,  153|
|Restricted|funds||||||80,023|80,023|
|TOT<br>AL|FUNDS||||||I ,365,022|I ,562,  176|





## 

## 

||||||2025|2024|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from|operating||activities||||
|Cash generated<br>from operations||||I|(104,913)|13,183|
|Net cash (used in)/provided<br>||by|operating<br>|activities|(104,913)|13,183|
|Cash flows from|investing|activities|||||
|Purchase of  fixed|asset investments||||(21 ,363)|(20,859)|
|Sale of  fixed asset|investments||||10,765|10,432|
|Interest received|||||9,705|I I ,019|
|Dividends received|||||21,362|20,859|
|Net cash provided|by investing||activities||20,469|21 ,451|
|Change<br>in cash|and  cash|equivalents<br>||in the|||
|reporting<br>period|||||(84,444)|34,634|
|Cash and cash equivalents||at  the beginning|||||
|of the reporting<br>|period||||610,219|575,585|
|Cash and cash equivalents||at  the end||of|||
|the reporting<br>period|||||525,775|610,219|





## 

## 

## 

## 

|ACTMTIES||||||
|---|---|---|---|---|---|
|||||2025|2024|
|||||{|{|
|Net (expenditure)/income||for the  reporting|period (as per the|||
|Statement<br>of  Financial<br>|Activities)|||(197, 154)|20, 131|
|Adjustments<br>for:||||||
|Depreciationcharges||||94,215|94,215|
|Gain on investments||||(9,71 I )|(64,381 )|
|Interest received||||(9,705)|(11,019)|
|Dividendsreceived||||(21,362)|(20,859)|
|Decrease/(increase)indebtoi:s||||4,322|(4,076)|
|Increase/(decrease)increditors||||34,482|(828)|
|Net cash  (used in)/provide|d|by operations||(104,913)|13,183|



## 

## 

|||At I/l  0/24|Cash flow|At 30/9/25|
|---|---|---|---|---|
|Net|cash||||
|Cash|at bank and in hand|610,219|(84,444)|525,775|
|||610,219|(84,444)|525,775|
|Total||610,219|(84,444)|525,775|





## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

|INVESTMENT<br>INCOME|||
|---|---|---|
||2025|2024|
|UK  listed  investments|5,548|I 4,707|
|Overseas listed  investments|5,814|6, 152|
|Deposit account interest|9 705|I I ,019|
||31 ,067|31 ,878|



## 

||||||2025|2024|
|---|---|---|---|---|---|---|
|||Charges|Income||||
||||from|Electric|Total|Total|
|||residents|laundry|sales|activr5es|activities|
||||||l||
|Charges|to residents|552,909|||552,909|558,608|
|Income|from laundry||4,620||4,620|3,680|
|Electric|charges to residents|||60,286|60,286|59,618|
|RHI||||16,269|16,269|16,571|
|||552,909|4,620|76,555|634,084|638,477|



## 

|OTHER|TRADING<br>ACTIVITIES|||
|---|---|---|---|
|||2025|2024|
||||l|
|Heating|costs|13,956|14,996|
|Staff costs||30,273|28,746|
|Rates  and water||6,078|6,379|
|Insurance||17,586|16,882|
|Background<br>heating||30,766|134,013|
|Garden|maintenance|2,689|2,487|
|Water<br>|charges|34,378|50,051|
|Cleaning||1,210|2,470|
|Routine|maintenance|49,080|35,449|
|Propeity|repairs|331,107|165,048|
|Carried|forward|617,  123|456,521|





## 

## 

|||||2025|2024|
|---|---|---|---|---|---|
|Brought forward||||617 123|456,52|
|||||617, 123|456,521|
|CHARIT|ABLE<br>|ACTIVITIES|COSTS|||
||||||Support|
||||||costs  (see|
||||||note 7)|
|Governance|costs||||254,893|
|SUPPORT|COSTS|||||
||||||Governance|
||||||COStS|
|Governance|costs||||254,893|



## 

## 

## 

|STAFF|COSTS|||
|---|---|---|---|
|||2025|2024|
|Wages|and salaries|138,667|34 342|
|Social|security costs|6,462|6,906|
|Other|pension costs|6,901||
|||152,030|148,169|





## 

## 

||2025||2024||
|---|---|---|---|---|
|Administration||2||2|
|Cleaning||2||2|
|Caretaker||I||I|
|Garden maintenance||I||I|
|||||6|



|COMPARATIVES|FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|INCOME<br>AND<br>|ENDOWMENTS|FROM|||||
|Charitable<br>activities|||||||
|Charges to residents||||558,608||558,608|
|Income from laundry||||3,680||3,680|
|Electric sales||||76, 189||76, 189|
|Investment<br>income||||31 ,878||31 ,878|
|Total||||670,355||670,355|
|EXPENDITURE|ON||||||
|Raising<br>funds|||||||
|Other<br>trading activities||||456,521||456,521|
|||||456,521||456,521|
|Charitable<br>activities|||||||
|Governance<br>costs||||258,084||258,084|
|Tota[||||714,605||714,605|
|Net gains on investments||||64,381||64,381|
|NET<br>INCOME||||20, 131||20, 131|





## 

|COMPARATIVES|FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES<br>|- continued|||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||Total|
|||||funds|funds||funds|
|||||{|{|||
|RECONCILIATION|OF FUNDS|||||||
|Total funds  brought|forward|||I ,462,022|80,023|I ,542,045||
|TOT<br>AL FUNDS<br>|CARRIED<br>|FORWARD||1,482,153|80,023|I ,562,  176||
|INDEPENDENT<br>|EXAMINER'S|REMUNERATION||||||



## 

|||||mprovements||
|---|---|---|---|---|---|
||||Freehold|||
||||property|properfY|Totals|
|COST||||||
|At  I October<br>2024 and 30 September||2025|76,205|942,147|1,018,352|
|DEPRECIATION||||||
|At I October<br>2024||||751,551|751,551|
|Charge for year||||94,21 S|94,215|
|At  30 September|2025|||845,766|845,766|
|NETBOOKVALUE||||||
|At  30 September|20!5||76,205|96,381|172,586|
|At  30 September|2024||76,205|I90,5%|266,801|





## 

## 

## 

||||||||Listed|
|---|---|---|---|---|---|---|---|
||||||||investments|
|MARKETVALUE||||||||
|At  I October|2024||||||718,474|
|Additions|||||||21 ,363|
|Disposals|||||||(10,765)|
|Revaluations|||||||9,710|
|At  30 September<br>||2025|||||738,782|
|NETBOOKVALUE||||||||
|At  30 September<br>||2025|||||738,782|
|At  30 September<br>||2024|||||718,474|
|Analysis<br>of|investment||assets|||2025|2024|
|Assets in the|UK|||||368,384|347,345|
|Assets outside|the|UK||||370,398|371,129|
|||||||738,782|718,474|
|Cost or valuation||at 30|September<br>|2025  is represented|by:|||
||||||||Listed|
||||||||investments|
|Valuation in 2025|||||||738,782|
|DEBTORS:<br>|AMOUNTS||FALLING|DUE WITHIN|ONE YEAR|||
|||||||2025|2024|
|Other<br>debtors|||||||4 322|





## 

## 

||2025|2024|
|---|---|---|
||I||
|Trade creditors|50,444|2,019|
|Taxation and social  security|2,912|2,425|
|Other creditors|18,765|33 196|
||72, 121|37,640|



## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between||
||||/ I0/24|in funds|funds|30/9/25|
||||||L||
|Unrestricted<br>funds|||||||
|Restricted|investment|fund|254,  133|(5, 118)|(60,000)|189,01S|
|Free investment<br>fund|||I ,215,541|(10,228)|(120,000)|I ,085,313|
|Cyclical|maintenance<br>|fund|8, 101|(1,860)||6,241|
|Extraordinary<br>repair||fund|3,988|(179,948)|180,000|4,040|
|Property|maintenance|fund|390|||390|
||||1,482,153|(197,154)||1,284,999|
|Restricted|funds||||||
|Property|endowment|fund|50,023|||50,023|
|Mortgage|redemption|fund|30,000|||30,000|
||||80,023|||80,023|
|TOT<br>AL|FUNDS||1,562,176|(197,154)||I ,365,022|



|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted||funds||||||
|Restricted<br>|investment||fund|221 ,717|(230,071)|3,236|(5, 118)|
|Free  investment||fund||443,434|(460,  137)|6,475|(10,228)|
|Cyclical maintenance<br>|||fund||(1,860)||(1,860)|
|Extraordinary||repair|fund||(179,948)||(179,948)|
|||||665,  151|(872,016)|9,71 I|(197,154)|
|TOT<br>AL FUNDS||||665,  151|(872,016)|9,71 I|(197,154)|





## 

## 

## 

## 

|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between||
||||1/10/23|in funds|funds|30/9/24|
||||||l||
|Unrestricted<br>funds|||||||
|Restricted|investment|fund|250,408|61 ,725|(58,000)|254,133|
|Free investment<br>fund|||I ,208,087|123,454|(116,000)|I ,215,541|
|Cyclical|maintenance<br>|fund|I ,387|(23,286)|30,000|8, 101|
|Extraordinary<br>repair||fund|1,750|(141,762)|144,000|3,988|
|Property|maintenance|fund|390|||390|
||||I ,462,022|20, 131||1,482,153|
|Restricted|funds||||||
|Property|endowment|fund|50,023|||50,023|
|Mortgage|redemption|fund|30,000|||30,000|
||||80,023|||80,023|
|TOT<br>AL|FUNDS||1,542,045|20, 131||1,562,176|



||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||{|{|L||
|Unrestricted|funds||||||
|Restricted<br>|investment|fund|223,452|(183,  187)|21 ,460|61 ,725|
|Freeinvestmentfund|||446,903|(366,370)|42,921|123,454|
|Cyclicalmaintenancefund||||(23,286)||(23,286)|
|Extraordinaryrepairfund||||(141,762)||(141,762)|
||||670,355|(714,605)|64,381|20, 131|
|TOT<br>AL|FUNDS||670,355|(714,605)|64,381|20, 13I|





## 

## 

## 

||||||Net|Transfers|||
|---|---|---|---|---|---|---|---|---|
||||||movement|between|||
|||||1/10/23|in funds|funds||30/9/25|
|Unrestricted<br>funds|||||||||
|Restricted|investment|fund||250,408|56,607|(118,000)||189,01S|
|Free  investment<br>fund|||I ,208,087||II3,226|(236,000)|I ,085,3 13||
|Cyclical|maintenance<br>|fund||I ,387|(25,146)|30,000||6,241|
|Extraordinary<br>repair||fund||I ,750|(321,710)|324,000||4,040|
|Property|maintenance|fund||390||||390|
||||I ,462,022||(177,023)||I ,284,999||
|Restricted|funds||||||||
|Property|endowment|fund||50,023||||50,023|
|Mortgage|redemption|fund||30,000||||30,000|
|||||80,023||||80,023|
|TOT<br>AL|FuNDS||I ,542,045||(177,023)||I ,365,022||



||||||Incoming|Resources|Gains  and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources|expended|losses|in funds|
||||||||I||
|Unrestricted||funds|||||||
|Restricted<br>|investment||fund||445,  169|(413,258)|24,696|56,607|
|Free  investment||fund|||890,337|(826,507)|49,396|113,226|
|Cyclical maintenance<br>|||fund|||(25,  146)||(25,146)|
|Extraordinary||repair|fund|||(321,710)||(321,710)|
|||||I ,335,506||(1,586,621)|74,092|(177,023)|
|TOT<br>AL FuNDS||||I ,335,506||(1,586,621)|74,092|(177,023)|





## 

## 



## 

|||2025|2024|
|---|---|---|---|
|INCOME<br>AND|ENDOWMENTS|||
|Investment<br>income||||
|UK listed investments||l S,548|l4,707|
|Overseas listed|investments|5,814|6, 152|
|Deposit account|interest|9,705|I I ,019|
|||3 I ,067|31 ,878|
|Charitable<br>activities||||
|Charges to residents||552,909|558,608|
|Income from laundry||4,620|3,680|
|Electric charges|to residents|60,28f>|59,618|
|RHI||16,269|16,571|
|||634,084|638,477|
|Total<br>incoming|resources|665,  151|670,355|
|EXPENDITURE||||
|Other<br>trading<br>|activities|||
|Heating costs||13,956|I 4,9%|
|Wages||27,600|26,082|
|Social security||I ,293|I ,360|
|Pensions||I ,380|I ,304|
|Rates and water||6,078|6,379|
|Insurance||17,586|16,882|
|Background<br>heating||130,766|134,013|
|Garden maintenance||2,689|2,487|
|Water<br>charges||34,378|50,OS I|
|Cleaning||1,210|2,470|
|Routine maintenance||49,080|35,449|
|Property<br>repairs||331,107|165,048|
|||617,  123|456,521|
|Support<br>costs||||
|Governance<br>costs||||
|Salaries||I I I ,067|108,260|
|Carried forward||I I I ,067|108,260|





## 

## 

|||||||||2025|2024|
|---|---|---|---|---|---|---|---|---|---|
|Governance<br>|costs|||||||||
|Brought<br>forward||||||||I I I ,067|108,260|
|Social security||||||||5, 169|5,546|
|Pensions||||||||S,52 I|5,617|
|Brokers<br>fees||||||||10,765|10,432|
|Bank charges and||interest||||||664|579|
|Legal  and  professional|||fees|||||850|850|
|General<br>administration,||||stationery||telephones|etc.|13,688|18,563|
|Accountancy||||||||12,954|14,022|
|Depreciation||||||||94,215|94,215|
|||||||||254,893|258,084|
|Total resources<br>|expended|||||||872,016|714,605|
|Net<br>expenditure||before|||gains|and losses||(206,865)|(44,250)|
|Realised<br>recognised|||gains||and|losses||||
|Unrealised<br>gains|on|investments||||||10,588|61 ,993|
|Realised gains/(losses)|||on|programme||related||||
|investments||||||||(877)|2,388|
|Net<br>(expenditure)/in|com|e||||||(197,154)|20, 131|