CHARITY REGISTRATION NUMBER: 221535
Archbishop Holgate's Hospltal In Hemsworth
Flnanclal Statements
For the year ended
31 December 2023

Archblshop Holgate's Hospllal In Hemsworth
Flnanclal Slatements
Year ended 31 December 2023
Pages
Trustee5' annual report
Ito7
Independenl auditorfs report lo the member5
atoll
statement of ffnancial activities
12
Slolemenl of financlal poslllon
13
Notes to the linoncial slalements
141023
The following pag•¥ do not lomi part olthe flnanclal slatements
Deloiled 51alemenl of financial activities
251024
Notes to the delalled stotemenl of financial actlvltles
27

Archblshop Holgale's Hospllal In Hemsworth
Trustees, Annual Report
Year ended 31 December 2023
The trustees present their report and the financial 5tatemenls ol the charity for Ihe year ended
31 December ￿23.
Referenee and admlnlstrallve detolls
Reglst•r•d charfty n¢mi•
Archblshop Holgale's Hospllal In Hemswcflh
Chathy reglstratlon numb
221535
Prfncl)al offlce
Robin Lane
Hemsworth
West Yorkshire
WF9 4PP
The twstees
R C Hcjwcroti
J Cooke
JDmSkn￿oW
A J Blaza
D C Theaker
RevR WHart
P E Wainwright
R WHyde
S M Jennings
A Scholey
J Davie5
D P S Mackenie
(Retired 7 March 20Y81
IRetired 13 Febru¢Jry 20241
CoFr•spond•nt
Mrs A Ullyoti
oirice
Robin Lane
Hemsworth
WF94PP
Land Agent
Slephensons Rural LLP
York Auction Centre
Murton Road
York
Y019 5GF
Inveshnent Advhors
Cove Financiol Planning Ltd
Unit 4 The Old Armoury
Back Church SITeel court
lI￿eY
LS29 9DA

Archblshop Holgate'5 Hospltal In Hemsworth
Truslees, Annual Report (eonllnii•dJ
Year ended 31 December 2023
AvdSt
Hoigh & Co
Slalutory audlt¢
Grang8 Collage
Womer51ey
Doncaster
DN6 98W
Bankers
HSBC ￿mited
5 Markel Hill
Bamsley
South Yorkshire
S70 2PY
Sollcllors
Ware & Kay 50liciltJ
Sentinel House
Peasholme Green
York
Yol 7PP
Wrigleys Solieitots LLP
19 Cookridge Street
Leeds
LS2 3AG

Archblshop Holgate's Hospltal In Hemsworlh
Trustee5' Annual Report (Conllnued)
Year ended 31 December 2023
stNclure. gov•mon¢• and monog•m•nl
Iru* Deed and ObJeclP¥es
The TnJ5t 15 operated under a Scheme for the monogemenl and administralion of the charity as
approved by the Chorily Commlssion 16 November 2￿j5. as amended by scheme dated I
November2017.
Archbishop Holgate Hospital was orlglnally founded by Robert Holgale Archbishop of Yofk from1544
to 1553. under Ihe terms of o bequest contained in Frys'will" He devised sub5tanlBJl hdding5 Of land
to endow o hospital at Hemsw¢xlh in the county of York, His'will" conloined specific direction5 as to
the administration of the Hospital and Ihe per%Jns being entitled lo live there.
The principal ot4ecls of Ihe charity are=
lol the provisM)n of housing accommodation for th8 ben&ficiaries
Ibl such charftoble purposes for the benefits of the residents
Icl to promole the educallon ot persons under the oge of 25 who are in need of financial
osslstance and are resldent In the orea of benefit.
Gov•mon¢•
The Ch￿lty is adffinislered by a Boord of Truslees SUPF)Orted by o iemuneraled admlnlslratlve
a￿510n1. There are presently twelve Trustees ond all adminislralive work Is bosed al our offl¢e in
Hem5WCrfth and from the homes of Trusleeslclerk.
TNslees Recrullm•nt ond Tralnlng
New Trustees are recrulted as needs orfise in accordance wilh Ihe scheme. Consid8rotion is given
to skilL8 Trustees hove i.e. Solicitor5, Farmers. Accountancy. 8vlkllng 81c.
The Twst is a Memberof the Almshouse Assoclatlon which provide5 advlce and support. It organlses
semlncrs which Tnjslees attend.
All Trvstee5 give their time ond experttse voknnlarily and receive no remuneratlon Cf Other benefits.
The TnJsle&s fouow guldanc6 provlded by Ihe Charity Comm55slon and Almshouse Associotlon.
The followng Trustees have been oppolnted slnce Ihe year end.
N Smith
Appointed 5 March 2024
Dr P J Greaves
App(￿nted 5 Morch 2024
Rtsk Managemenl
A revlew of the major risks lo w￿ch the Charfty Is exposed has been conducted. Systems have been
establlshe¢y to mitigate Ihe5e risks and these procedures cye periodically reviewed.

Archblshop Holgate's Hospltal In Hemsworth
Tru3lees' Annual Report (conthu•d)
Year ended 31 December 2023
Slruclur•, gov•monce and monagemenl (¢onllnued)
Inv•3tm•nl Pollcy
The Trust8es continue to V5e the services of independent financlal advlsors. Cove Financiol Plonning
Limlted.
The investment portfollo 15 cvrrenlly invested with LGT Weollh Management. This investment
portfolio wlll be held long term, however, funds tolalling £l.575.(X)O may b8 required tor the purch058
of oddilionol farmland during 2024.
Addlllonolly. o portfolio of cash deposit accoun15, or money market instruments. are held lo cover
short tem) Ilquidity requiremenls. ond a5 an emergency fund.
An inveslmenl sub<ommillee review the inveslment performance on a regulor bosis. Cove
nanciol Plonning Limited report to the sub-committee and attend Trustee rneelings when required
lo do $0.
The investment pdlcy15 reviewed on an onnuol basis, With the next review due in September 2024.
ObJg¢llv•s qnd acllYJN
We have referred to the guldanc8 conlalned in the Charily Commi55ion's general guidance on
public beneffl when revlewlng our aims ond objectives and In plannlng our future octivilies.
The charitls principal activities are detailed below.
Principal ActfvNI•$
The Trust pro￿ldeS and moinloins housing accommodation in a complex of 24 cottages lor elderfy
persons previously livlng in an area ot defined benefit.
When a collage becomes vocant the Trust advertises within Ihe chuTches of the qualifying porfshes
and in local libraries. The Trusl welcomes opplicolions Irom oll section5 of the communlty.
The Trust operotes the Holgol8 Award Scheme to offer financial support lo sludenls trom locol
scho¢Js sforting a further education course.
Pubfi¢ Benefil
The Trust opens Its historic bulldings small museum and gardens lo pubfic acce55 and provide5
supported tours lo organtsed groups. school parties and individuols. The oim being lo enable the
comrnunlly lo enjoy ond appreciate the history of the hospitol and enjoy the exten￿Ve gardens.

Archblshop Holgate's Hospltal In Hemsworth
Tru3tee$' Annval Report {¢onllnu•dJ
Year ended 31 December 2023
Achlevements and pertomwnce
Rouline maintenance work continued al th8 Alm5hous8s durtng 2023. along wllh work Identllled
within th8 kjlesl Qulnquennlal Inspectlon.
The eost section of woll¢d garden boundary wall was taken down ond rebullt. along wlth a large
section ol the Iront ijoundary wall. Several pathways around the slle have been r&4ald and a
programme ol repairs hove been undertaken Ihroughoul numerous oulbuilding5.
The stolned-glass wlndows in the chopel and l¢)wer-level lead window5 in the office and boar¢*oom
hove hod a programme of restoration.
Fc41owlng o progromme of refurbishment, coltag8 6 is Current￿ belng left vocont to help ImFrove
Ihe almshouses facllllles and ald wellbelng. Resldent's lomilies and lriends can sfoy in the colloge.
partlculcyly In tlmes of resldenl illness. or when vLsitlng from further af161d. This wovislon will b8
revlewed on on annval ba515.
Followng a Porters Lodge Inspectlon, several safely Improvemenls were idenlified ond ocled upon.
includlng new smoke and flre del&clion and panic bullons. A n8w replacement bathroom has
also b&8n Inslolled.
The devdoprnenl of a new formhouse at Hemsworth Farm. Huggale commencgd 2023. This
project Is very near COmp￿tion. The original farmhovs8 wil have a schedule of works undertoken
before belng lel on o seporo18 t8noncy.
The Educalion Foundalion made awards lo fve locol stvdents 01 £5,OC(J p8rannum for up to 3 years.
lo help with expenses and living costs whi15t at university lone student deferred lo 20241. An
apprenliceship oword of £l.(XKI was made lo one locol slvdenl lo ossi%1 with c0515 a550ciated wlh
their course. The Educolion Foundation oworded gronf5 tolclling £40.CQO to local schools lo help
improve curriculum areos both inside schoo15 and in School grounds. Awords have ronged from
£2275 10 £7,575, inclvding:
Award
7.575
4,325
5.700
5.075
3.825
Ryhill Jvnior, Infonl & Nursery School
Grove Lea Primary School, Hemsworth
Carfton JunSor & Infant School. Sovlh 8msall
Sacred Heart Cathollc Prlmary School, Hemworth
Oakfteld Pa￿ School, Ackworth
Hnanclal review
Income has decreased by almo￿ £70.C(D in 2023. due to the retums from lisled investments.
There h¢x been on Increose in expenses in the year of lust over £95.CQD. Thls Is parlly due to the
Investment monogemenl costs, The cost of utllllles for Ihe almshouses hos also rtsen Con&derab￿.
R•s•Th• po
The CharlV5 policy ￿ to maintain these al a level whlch equates lo appr0￿matelY tW8fv0 months
ot unreslrfcled expenditure, This is considered ad&qual6 to meet •merg8nci85 which may arise from
tlme lo time. As al 31 December 2023. the chorilSes urY8Strlct8d reseNes omounled fo £721.729.

Archb15hop Holgate's Hospttal In Hemsworth
Trustees, Annual Report (Cothwd)
Year ended 31 December 2023
Plo)$ kn lu￿1• p•rfods
An application lor the reFJocemenl of cotlage reor windows. fronl and rear porch window g102tng
vpgrodes ond relocalion of cotloge exlraclor fans os l)een approved. These works are planned
to commence May 2024.
The fighting in Chap61 15 to be upgraded and o new Chopel boller Inslolled earfy 2024.
The Tnjstees commSssloned the development of o bespoke Archblshop Holgale Hospital in
Hemsworth website. The web5ile 15 dve lo go live in March 2024.
The Trustrees are looking al Ihe possibility of inslalling boundary fencing lo hdp erLsure the ongoing
secvrffy ond safely of the residents,
Th8 Tru51885 hove had an offer accepted in principle of £1.575.1XD for the pwchase of 146 acres of
fomlond, odjocent lo IcFnd cuwently owned by Ihe Trust.
An Op￿ie0110n for ￿11 planning peTmi55ion lo tum the as￿¢v11Vral barn al Willow Fom into Iwo
residential dweUing5 has been submilied.
The Tru51ee5 have agreed lo offer the same financial awards as 3)23 for Ihe Education Fovndolion
to di51ribule in 2024.. a maximum of six students be offered up to ￿.000 per annum lor up lo 3 yecr5,
to help towards expensesliwng costs for further educatlon. and a maxlrnum of £40.tJJ) available for
grants lo be ottered for local school prolecls lo help Improve currfculum areas. In addltlon. the
Education Foundolion will have a further IO% di5crelional fund f￿ disposal should Ihey feel further
funds are necessary.
Truslew, ie$pon$lbllNes Jlalement
The trustees are re5ponslbla for preparfng the Iruslees. report and the ffnonclal statemen15 In
accordance wllh appllcoble law and Unlt8d Klngd(yn Accountlng 5tondords Iunlted Klngdom
Generaly Accepted Accounllng Practicel-
The law applicoble to chorflles In Englond ond Woles reqvlres the chority tnJslees to prepore
ftnondol stotemenls for each yearwhich give a Irue and lo￿ view of the Stale of affair5 of the charily
and ol the incoming resources and applicatlon of resources. of the charfty lor that perfod.
In weparfng these finonclol slalemenls, the trustees ore reqvired lo:
seled suiloble occounling F)olicie5 and then app￿ them consislenlly,.
observe the method5 and principl85 in Ihe applicable Charilles SORP,.
make judgments and accounling eslimales that ore reasonoble and prudent.,
51ale whether opplicoble UK Accounting Standards have been followed, subjecl lo any
materid departures disclosed and exploined in tho finoncid slot•m?nts.'
prepare the financial stotemenls on the going concem basi5 unless It is inappropriate to
presurne Ihot Ihe charify wll continue in bJsine5S.

Archblshop Holgate's Hospllal In Hemsworth
Trustee$. Annual Report(¢onllnwdJ
Yeor ended 31 December 2023
The trustees ore responsible for keeping adequate accounting rec¢xds that are sufflclenl lo show
ond explain Ihe charily's transactions and dlsclose wtlh reasonable occvrocy al ony lirne the
financial p051tion of the charfty and enoble them lo ensure thot the financial slalemenls comply
with the Charflles Act 2011. the appl￿able Chorities IAccoun15 ond Repor151 Regulations. and the
Fiovi%ion5 01 the Tru51 Deed. They ore atso responsible for safeguarding the ossets ot the charlty and
hence for taking reasonable steps lorlhe pr&v&ntlon ond detection of fraud and other rregularilies.
The financial statemen15 hove been pr8par8d in accordance wilh the accounting policies set out
in notes to the accounts and compty wllh the ChoriW5 governing documenl. the Charitie5 Act 2011
ond Accovnling and Reporting by Charfties: Statement of Recommended Procllce opFJlcoble lo
charities prepc¥ing Ihelr occounls In accordance with Ihe financial Reporting Standard IFRS 1021
applicoble In the UK ond Repvblic of Ireland published on 16 July 2014.
The trustees. annual report wos approved on ..
of truslees by.,
and signed on behalf of the boaid
D C Theoker
Truslee
oaL

Archb15hop Holgate's Hospllal In Hemsworth
Independenl Audilor's Report to the Members of Archbishop Holgate's
Hospltal In Hemsworth
Year ended 31 December 2023
Oplnlon
We have ovdlled the flnonciol stolemenls of Archblshop Holgole's Hospltol In Hemsworth Ithe
'chorityl forthe y8ar 8ndeé 31 Decèmber 2023whlch comprise th8 slotemènl of finaneiol actlvities.
slolemenl of flnanciol posltion and Ihe reloled noles, includlng a summory of signlflcant accounling
policies. The financial reporting framework that has been oppli8d in th81r preparation 15 applicable
law and Unlled Klngdom Accounllng Standords. includlng FRS 102 The Rnondal Reporting Slandard
appllcable In the UK ond Reputrjic of Ireland Iuniled knngdom Generally Accepted Accountlng
Praclicel.
In our opSnlon the ￿nancIal statements:
give a true ond lair view of the slote of the charilys affair5 as at 31 December 2023 and of Its
incomlng resources and appllcatlon ol resources. Includlng Its Income and expendtLYe. for the
yeor Ihen ended..
hove been propgty yepared in accordance wilh United ￿ngdorn Generaliy Accepted
Accounting Practice;
have been Fyepored in o¢cordonce with Ihe requiremen15 of the Charitie5 Act 3)1 l.
Bath for oplnlon
We condvcled our oudil in accordance with Inlemational Standards on Audiling IUKI IISAS IUKII
and applicable law. Our responslbllltles under Ihose standards are turther descrlbed In the auditorfs
responslbllllles torthe audit ol the Ilnanclal stalemenls section ol our report. We ore independent of
the charlty In occordonce wilh the ethical reqviremenls thot are relevant to our audit ol Ihe
nanclal stalemenls In the UK. including the FRC'S Ethical Stondard. and we have fulfilled our olher
elhlcal respongbllltles In accordonce with these requirements. We bdieve that the oudit evidence
we have oblalned Is sufflcient and opproprfjole to prowde o boys for opinion.
Con¢luslons r•lallng to golng concem
In audlllng the finonclal slatements, we hove concluded thal the Iruslees, use of the going concem
basis of accounting in the preparalion of the financlal slotement5 Is apwoprtate.
6a5ed on Ihe W¢3fk we have performed. we have not Identlffed ony materfal uncertalnlles relotlng
10 gvenls or condlllons that. IndSvldually or collectlvely. may cosl signlficanl doubl on the chatlty's
abmily to conllnve as a golng concem fora perlod of al leosl Iwelve months from when the flnanclal
5talements are authorfs8d for Issue.
Our responslbwilles and the responslbllltfes of the trustees with respect lo going concem are
described In the relevanl sectlons ol this report.

Archblshop Holgate's Hospltal In Hemsworth
Independent Audltor'$ Report lo Ihe Members of Archblshop Holgate's
Hospllal in Hemsworth {conllnu•dJ
Year ended 31 December 2023
oth•r knl¢xmthn
The olher inlormotlon comprises the Informallon included In Ihe annual report, other than the
nanclol slolemen15 and our oudltor's report thereon. The trustees ore ￿SPOnsible for Ihe other
Infomalion. Our oplnlon on the finonciol statements does nol cover the other informolion and,
except lo the extent othe￿ise explicilly slated in our rep￿t. we do not expres5 ony form of
assurance conclusion Ihereon.
In connecllon wlth our audll ol the ffnonclal stalemenls, our responslbilify [5 to read the other
inf¢)rmotion ond. in dolng $0, consid8r whether the olher informatlon is materially inconsistent wtlh
the flnanclal slolemenls or our knowledge obtained In Ihe aurfit or olherwise opp801s lo be
malerlolly mtsslated. Ifwe Identlfy such matertal Inconsislenci85 or apporont moterfiol missfatemenls,
we ore required lo determine whelher there is a maleriol mis5tatemenl in the financiol slalements
or a malerfal mtsstotemenl of the other informalion. If, based on the work we have pgrformed, we
conclude Ihat there Is a materfol mi5Statement of Ihis other infcfimollon. we are requlred lo report
thal facl.
We have nothlng to report in this regard.
Mallers on Twhlch we are reqvlred lo report by èxcepfion
In the Ilghl of Ihe knowledge ond understandng of the charity and its environment oblained in the
coutse of the audm, we hove not klentifted material mlsstalemenls in the Iru5tee5' report.
We hove nothing to report in resp6cl of the folbwng matters in relation to which the Charit195 Acl
2011 requires us lo report lo you if. In our oplnion..
the informallon glven in th8 Irvstees. report 1$ inconslslenl in ony material resp￿* with Ihe
financlal statement5: or
C￿equate occounling rec￿d5 havè not been kept: or
the Ilnoncial statements or8 not In agreement with the accounling records and relums; or
we hov8 not recelved all Ihe Inforrnalion ond explanatlons we require for our oudil.
Responilbifii•i of tnrfl••s
As exploined more fully in the Iruslee5' responsib￿ltieS stotemenl, Ihe Iruslees ore responsible for the
preparation of the financial statements and for being 50tisfled thol they give a Irue and folr view.
ond for such intemd control a5 the truslees delermlne Is necessory lo enable the preparation of
flnanclal statements Ihal are fre8 from molerial mlsslolement, whether due to froud or error.
In preparing the ffnonciol 5talement5, thg trustees a￿ ￿sponsIble fcf assessing the charlty's atjlity lo
continue as a golng concem. disclo￿ng, as appffcable, matter5 related lo going concern and using
Ihe going concem btss￿ ot occounting unl8ss the tru5tee5 eilher Intend to liqvidate the charfty or lo
ceose operallons. or have no realistic attgmativa but lo do 50.

Archblshop Holgate's Hospltal In Hemsworth
Independent Audltorfs Report to the Members of ArchblslK)p Holgate's
Hospltal In Hem$worth (cothuedj
Year ended 31 December 2023
Audllor'i r•spon¥lbllMlei lor the audll ol the Ilnunclal thtt•m•nlJ
Our obJedfves are lo obloin reasonable assurance about whether the financial statemen15 as a
whole ore free from malerfol mlsslatemenl. whelher due to fraud or error. and lo Issue on audllofs
report that includes our oplnion. Reosonoble assurance Is a hlgh level of ossuronce bul Is not o
guarantee that on oudll conducted in accordance wllh ISAS IUKI wll olwoys detect a molerial
mlsstatemenl when it exists. Misstalemenls can arfse from frovd or etTor and are considered material
il . Individually or In oggregole. they could reasonably be expected lo influence Ihe economic
declslons of vsers on the basis of these Ilnancial stalemenls.
Iireguloritles Including fraud are instances ol nOn<0mp￿lanc8 with laws and regU￿tIOns. We deslgn
yocedures in line wllh ourrespon5i￿l1ties. outline above. lo delect moleriol mi55talemen15 in respect
of irregul¢JSties, including fraud. The extent lo which ovr procedures are capable ol del8Ctlng
iTheguknrities is detailed below:
We obtained an understanding of Ihe legal and regulolory framework5 that are applicable
lo the charity ond detemiined Ihal the most signilicant are those that relate to the reporting
framework IFRS 102 and the Charfties Ad 2011 l. We comnwnicaled the identifSed laws and
regulalSons throughovl our team and remained olert to any indications ol non<ompfiance
throughout the audit.
As part ol an audit In accordonce wlh ISA5 IUKI. we exercise professional jvdgemenl and maintain
prole55ional sceptlclsm throughovl the au(Sil. We also carrfed ¢Jul the following the audil
procedur8S.'
Held discu55ion5 with management. Ihot inclLQed con5ideratlon of known or suspected
instances of noTrcompllonce wlh Iow5 and regUations.
Challenged assvmpllons ond wdgernent5 made by manogement in ils $ignificanl
accounllng estlmotes Ihol invdved making assumpllons.
Tested any transaction5 entered that are outside of the n¢ymal course of the charftvs affalrs.
Revlgwed recent corresF)ondence w￿h the componY$ ￿goI advisors lo ensure that 11
allgned with any conclusions drawn In respect of ony oulslanding or uncertain legal motter5.
Evolualed Ihe overall. prasenlolion, structure and content of the ffnonciol slotemenls.
including the disclosures . ond whelhw the linanciol stalements presanl tha underfying
Iransaclions and events In a manner that a¢hieve5 fair presentation.
However, Ihe primary r85ponsibility for lhe yevenlion and d8t8Ctlon of froud still rests both
those chtjrged with govemance of the entity and the manogemenl teom.
A further descrfptlon of ovr re5ponsibilitles is k)cated on the FinancKJl Repcytlng Councll's website ot.,
hllps.'IlWww.Irc.org.uVaL￿Ito1sr8Spons￿bfj1Ifle$, This th5criplion forms part ol our oudil report.
10-

Archblshop Holgate's Hospllal In Hemsworth
Independent Audltor's Report to the Members of Archbishop Holgale's
Hospltal In Hemsworth (¢4xthu•dJ
Year ended 31 December 2023
of our r•port
This report s mode solely lo the chorilvs memb8rs, os a l)ody, in occordonce with secllon 144 of the
Charities Act 2011 and regulatlons mode under seclion 154 of that Act. ￿r audit work hos been
undertaken so Ihol we might slate to the charity's members those nKtters we ore reqvlred to stale
lo them in an auditorfs rep¢Jrt ond for no other purpose. To the ftjllest exlenl perrnltted by low, we
do not accepl or ossume responsibilily to onyone olher thon Ihe charity and the chariws member5
as a body, for our au
. for Ihi5 report, or fu the oplnions we have tonned.
Hoigh & Co
Slolvlory oudltor
Gronge Cotlc98
WornersÈy
Doncader
DN6 9BW

Archblshop Holgate's Hospltal In Hemsworth
Slalement ol Flnanclal Acllvltles
Year ended 31 December 2023
2023
Unreslricted Endowment
funds
funds Total funds Tolol funds
5)22
mole
Incorn• and endowm•nls
Donations and legocies
Inveslmenl inc¢Jme
11.290
499.859
430.347
430.347
Tolal kncom•
441.528
441.528
511,149
Expendlluie
Expenditure on roising lunds:
Investment monagement costs
Expendllure on choritable actlvilie5
Tolal •xpendlur•
138,8001
1464.4211
1503,2211
145,5801
(84,380)
(464.421)
{45.￿) (548,801)
139.1811
1414,3681
1453.5491
7,8
Net goins on Investmenls
io
43.394
183,976
227.370
Net Income
118.2991
138.396
120,097
57,0(X)
Transfet3 between funds
15
62.$3J
1625301
other recognlsed gains and los$o¥
Other goins/l1055e51
movem•nl In Ivnds
3.256,830
44,231
75.866
120.097
3.314.430
Ileconcllkrtlon ol lunds
Total ￿ndS brovghl forward
Total Ivnds carf¢d lorwtyd
1,784.260 22.457.478 24.241,738 20,927,308
1.828.491
21533,344 24.361.835 24.241.738
The slalemenl of financial activlties includes all goins and losses recognised in Ihe yeor.
All income and expenditure derive from continuing oclivities.
The noles on pag•$ 14 to 23 foim part ol these Ilnanclal stalements.
12.

Archblshop Holgate's Hospltal In Hemsworth
Slalemenl of Flnanclal Poslllon
31 December 2023
2023
2022
Nole
Flxed a3s•t$
Tangitje fixed 055els
Investmen15
16
17
2.504
23,040,106
,761
17.268,SJO
23,442,010
17.S)4.261
Current a15•ts
Debtors
Current Inve51menls
Cash ot bank ond In hond
18
19
72.471
637A34
96,337
.782
6,932.565
80a,342
7.013.347
Cied11015; amounts falllng due wféhln
gne year
87.117
75.870
Mel eurrent assets
719,225
6.937.477
Tolal a$$els les¥ cvrr•nt Ilabllllles
24.361,835
24,241.738
N•t osseli
24.361.838
24.241,738
Funds ofthe chorfty
Endowment funds
Unre51ricled funds
22.533.344
1.828.491
22.457.478
1.784,260
Total ¢hqthy lunds
22
24.301,835
24,241,738
These ffnanciol 51olement5 wer8 opproved by the board ol tnJ51ees and authorised for issue on
.i.u.Lko.IzL* and ore signed on behalf of the board by:
J D M Sknrrow
TnJst8e
D C Theoker
Trustee
RWHY
Trustee
lh• notes on pag•s 14 to 23 fomi part ￿theSe ffnancial 51al•ments.
13.

Archblshop Holgate's Hospllal In Hemsworth
Notes lo the Flnanclal StotementS
Year ended 31 December 2023
Gen•rgl Inlomiotlon
The Chority is a public benefit entlly and a registered chority in England and Woles ond is
unincorporoled. The oddress of Ihe princii)al offic81s Robin Lane, Hemsw¢)rth. We51 Yotk5hire.
WF9 4PP.
stol•rn•nt of compllanc¢
These financial slat8m8nls have been prepared In compliance wlth FRS 102, The Financial
Reporting Standard applicable in the UK ond the Republic of Ireland,. the Slotemenl ol
Recommended Practice applicable lo charities preporing their accovnls in accordonce wlth
the Financial Raporling Standard applicoble in the UK and Republic of Ireland IFRS 1021
Ichorilies SORP 2019IFRS 10211 oné Ihe Charities Act 2011.
Accountlng pollcles
(a) I￿lS ol preparaNon
The financial slatemgn15 hov8 been prepared on the hislorfcal cost bosls, os modified by Ihe
investment prop8rt185 measured ot lair value through Incorne or expenditure.
The financlal 51alernents are prepared in slerting, which Is the ftjnctional currency of the entity.
The charity meels the delinilion ol a public benefit entity under FRS 102,
(b) Golng ¢oncern
There are no material uncertainties oboul the charity's ability to conllnue.
(¢) DIKlosure exemptlons
The enllly lolLs lo meet the definltlon of a large chorily os deffned In FRS 102 ond so solisfies the
crilerfa of belng an entity qualltylng for reduced disclosures. As such, advonloge has been
taken ol the folk)wing disclosure exemplions available under parograph 1.12 01 FRS 102..
lil No cosh flow 51olement has been presented lor the charHy.
(d) Judgemerrts and k•y $owce$ ol esllmollon vncertalnty
The preparcllon of the financial 5talemen15 requires monogemenl to make ludgemenl5.
estlrnales ond assumption5 Ihal affect the amovn15 reported. These esllmoles orTrdjudgementS
are continually reviewed and are based on exp8rfence ond olher factor5. including
expectalions of future* ev8nls that are believed to be reasonoble under the circumstances.
(e) Deblors and prep*)ymenls
Debtors In respect of rents recelvable In a￿earS are recognised according lo the portion of the
perfod ou151onding. Prepayments are volued at Ihe amount prepaid over the full period.
(fj CuThenl Inv•slments
Current inve5tmen15 relate lo bonk accounl deposits hdd in term accounts wllhln a cosh
inveslmenl plallorm.
14.

Archblshop Holgate's Hospltal In Hemsworth
Notes to the Flnanclal Stalements {conllnu•d)
Year ended 31 December 2023
Accovnllng pollel•s (conllnu•dJ
(g) C¢ih at bank and In hund
Cash at bonk ond in hand relates to highly liquid assels with instant occess.
(h) Fund o¢eauntlng
Unre51ricted funds ore available for use ot the discretion ol lh8 Iruslees lo further ony of the
charitys p￿poSe5.
Deslgnoted fund5 are unreslrfcled funds earrnorked by the truste85 for particular future prolecl
orcommitmenl.
Reslricled funds are subjected to reslrlcllons on their expenditure dgclared by the donor ¢y
through the tems of an appeal, and fall into one of two 5ub<la5ses: reslricled Income lund5
or endowment funds.
(l) Credltafs aDd accruali
Accrva15 are recognlsed when the charlty hos o present obligation re5ulling from a past event
that will yobably result in the transfer of fund5 to an third party and the omount due can be
measured rellably.
U) In¢ornlng Yesouices
Rentol Income 15 accounted tor on a recelvable basis by the Ch￿lty. Olhei investment incorne
Is occounled fcwwhen received.
(k) Resources expended
Exp8ndilure is recognlsed when o liability is incurred.
Inve￿ment manag8menl cosfs con515t of land ogent rxofes5ional fees and Investment port10￿0
management costs. The laller being charged lo the Permanent Endowmenl.
Charftable oclivities include expgndilure associoted with the day lo doy operation of the
Hospital and the maintenance of the charitoble o55el5.
Support C0515 include those IncutTed in the govemance of Ihe charity and It assels and are
Fjfmarity associated wlth conslitvlional and statutory requirement5.
11) Tanglble assets
Tonglble osset5 are inillalw recorded al cost. ond subsequently slaled al cost 185s any
accumuloled depreciollon ond impairment losses. Any long1k￿e assets carried al revalued
amoun15 are recorded ol the lair value at the dale of revaluation less any subseqvenl
occumulated depreclation and SLJbsequenl occumulaled irnpairmenl10sses.
15-

Archblshop Holgate's Hospltal In Hemsworth
Notes to the Flnanclal Stalements (CDnMnu•d)
Year ended 31 December 2023
Accounflng pollcles [conllnu•d)
(m) Dewe¢lallon
Depreclolion is calculated so os to write off the cost or valuation of an ossel, le55 115 residual
volue. ovw the useful economic life of that a55et a5 frllows..
Freehold Property
Equipmenl
l 0% slralghl ￿ne
20% stroighl line
(n) Inv•slm•nls
Unlisted eqully investm8nls are initially recorded at cosl, and svbsequenlly meosured al lair
value.11 lair value cannol be reliably measured, as5els are measured ot cost less impalmenl.
Listed inve5tmentg are measured at fair volve with changes in loir value b￿ng recogni%ed in
income or expenditure.
{•) Inv•Jtmenl property
Investment property is Init￿llY recorded ot cosl. whleh Include5 purchose price and any dir8CtIy
atlribulable expendllure.
Investment property 15 revalued lo Ils foir value at each reporting dale and any change5 in fair
value ore recogni5ed in Income or expenditure.
(p)
Flnanclol In¥lrum•nts
Finonaal Instrumen15 ore classllied and accounled lor. according to the svbstonce of the
contractual arrangement. as either finoncial assels, ffnancial liobililies. or equity instruments.
An equlty Inslnjmenl is any contract that evidence5 a rfysidual interest in ossels ol the company
alter dedvcling all of Its liabilitie5.
(q) Dellned contrfbutlon plans
Contributions lo defined conttlbulion plans are recognised as an expense in the perfod in
which Ihe related servlce is provided.
DonaHgns and10gocI•s
Unreslricled Tol(rl Funds Unreslrlcted Total Funds
Funds
2023
Fur)ds
2022
Olher dènaNons and leguclei
Mainlenonce conlribvtions
Guest accommodation
11,021
11.021
160
11.290
11,290
11.290
11.290
16

Arc hblshop Holgale's Hospllal In Hemsworth
Notes to Ihe Nnanclal Statements fconflnu•dJ
Year ended 31 December 2023
Inveslmenl Income
u￿eStriCted Tottl Funds Unrestricted Totol Funds
Funds
2023
Funds
2022
Income from investment properties
Incorne from listed investments
Bank intere51 receivable
Wayfeaves
272.&30
140.302
14,605
2.610
272,830
J40.302
14.605
2,610
272,165
224.684
4(K)
2,610
272,165
224,684
400
2,610
430.347
430.347
499.859
499,859
Inv•slm?nl managemenl costs
Unrestt1cled Endowment Total Fvnds
Funds
Funds
2023
Investment property professional cos15
Property repalrs and maintenance charges
Inveslmenl monogemenl costs
16.210
14,196
8.394
16,210
14.1 V6
53.974
45,580
45.580
84.380
Unreslricled Endowment Tolol Funds
Funds
Fund5
2022
Inve51menl property professional costs
Property repalrs and moinlenance charges
Inv85tmenl management costs
30,984
8,197
30,984
8,197
39,181
39.181
Expendllure on charftable acliYitl•s by lund type
Unrestricted Tolul Funds Unre51rfcled Tolol Funds
Funds
2023
Funds
2022
Operolion ol Ihe Hospltal
Education fund owords
Support costs
308,593
106,OCKI
49.828
308,593
104.01
49,828
276.945
99,371
38,052
276.945
99.371
39,052
464,421
464.421
414,368
414,368
8. Exp•ndlture on charlloble aclfvllles by ad¥lty lype
Activities
vnéertaken
dlreclly Support Costs
Tolal fvnds
2023
Total tund
3)22
Operatlon of the Wospilal
Education Ivnd cwards
Govemonce costs
308,593
106.Ll)O
42,928
351,521
106.000
6.900
311.223
99,371
3,774
6.900
414.593
49,828
464.421
414,368
17-

Archblshop Holgate's Hospllal In Hemsworth
Notes to the Financlal Slatements (¢onffnved)
Year ended 31 Decèmber 2023
Anatysls of support Cost$
Analysis of
support C05t5
Total 2023
Tolol 2022
Sloff c051s
General office
Bank chorges
31.201
11,632
95
3J,201
11,632
95
28.390
9,566
96
42.928
42,928
38.052
10. N•t galns on Investments
Unreslricled Endowment Total Funds
Fund5
Funds
2023
Gainslllosse5I on disp0501 of investmen15
Fair volue movement on investments
14971
43.891
Ill.￿0)
195,006
[T1.527J
238.897
43,394
183,976
227,370
Unreslrlcted Endowment Total Funds
Funds
Funds
2022
Gains/llossesl on disposal of investments
Falr valve movement on inveslmenls
I l. Net Income
Nel income is 51oted after chargingllcredllSngl-.
2023
2022
Depreciolion of langlble fixed assets
36,370
43.565
12. Avdrlors remuneroHon
2023
2022
Fees payable for the audit of the ffnanclal 51olemenls
6.900
3,774
Fees payable lo the charity s cuditor and 115 Ossoclales lor other se￿ice$.
other non-audil Services
5,584

Archblshop Holgate's Hospltal in Hemsworth
Noles to the Flnancial Stalemenls fe+)nllnued)
Year ended 31 December 2023
13. 51all cosls
The lotol slall costs ond employee benefits for Ihe reporting period are analysed 05 follows..
2023
2022
Wages and salaries
Social security costs
Employer conlrfbutions lo pension plans
68,715
59.467
174
994
1.183
70.939
60,635
The average head count of employees during the year was 412022.. 41. The average nvmber
ol full-tirne equivalenl emthoyees during the year Is anotysed 05 follows..
2023
No.
2022
No.
Number of adminislralive stall
Number of chaAtoble acllvllles 51alf
No employee received employee beneffls of moro than £60.(XIo during the yeai12022'. NIII.
14. Trusle• i•munerollon and exp•nse$
No remunetalion or olher benefi15 from employmenf with the charity or a r8kJled entity were
received by the Iruslee5
15. Translets bePwe•n lunds
The tronsler of £62.530 from Endowmenl funds to Unreslricled fijnds reimburses the amount
wilhln expendllure on charitable aclivitles ollocated to unrestrfcted funds. bul wa5 token by
mistake trom the endowment fund. This was more than compensoled In prior years by the 0.5%
investment monogement costs which were nelled off inveslmenl income and therefore not
allocoted to the endowment fiJnd.
These chorges lotalled in exce55 01 £100.000 In the prevlous four yeors. A significant proportion
of these inveslmenls being held for over 20 years.

Archblshop Holgate's Hospital in Hemsworth
Notes to the Financial Statements (eonlinued)
Year ended 31 December 2023
16. Tanglbl• ilx•d osiets
Land and
bulldings Equipment
Tolol
Cost
Al l JonL￿ry 2023
Addition5
357.566
92,381
3.113
449,947
3.113
At 31 December 2023
357.566
95,494
453,060
Depreclatlon
Al l Jonvary 2023
Charge for the yeor
Al 31 D•¢•mbw 2023
321,PJ)S
35.747
92,381
623
414,186
36,370
357.552
93.(X)4
450,556
Carryln9 omounl
Al 31 December 2023
14
2490
2.504
At 31 December 2022
35,761
35,761
The Fre&hold Property obove felales to the Community Centre which is a buildlng whhln the
Holgale Hospilol ground5.
The Trust a150 holds Freeh&d Land ond Property relatlng to the Holgale Hospltol comprising 24
Almshouses, Chapel, Masterfs House ond Porterfs Lodge within 13 acres ol mature ground5.
No value is placed on Ihi5 Freehold Lond ond Property as11 Ls considered to be Inalienoble, dve
to ils historic value and the fact that the Trus115 prohlblled Irom disposing of it. It is therefore
Imp05sibl@ lo ploce a morkel volue on this property however the insurers report undertaken in
2022 has estimoled the reinslalemenl c051 to be £10.8 million.
17, Investments
Cash orcosh
Listed Investment
equlvolen15 Investments
properties
Tolal
Cost ¢r vglvqNon
Al l Januory 2023
Adclitions
Disposals
Fair value movemenls
17.268.5CN) 17,268.500
283.420
7.051,160
(918.450)
238.816
19.044
6,748.696
1918.4501
238,896
At 31 December 2023
19,044
6,069.142 I7.551.9￿) 23,640.106
Impalrmenl
At l Janugry2023 and
31 Decèmber 2023
Carrying amounl
Al 31 D•c•mb•r2023
19,044
6,069,142 17.551.920 23,640,106
17,268,500 I7,268,￿)
Al 31 December 2022
-20-

Archblshop Holgale's Hospltal In Hemsworth
Noles lo the Flnanclal Statements (conllnu•dJ
Year ended 31 December 2023
17. Investments (conllnvedj
Inv•slmont prop?rtl•s
Investmenl propertles were valued by RL Cordlngley BSC FRICS FAAV 0131 December J)22.
The Truslees, who have experience in the location and category of the investment property
being valued. consider the value of the properties a5 al 31 December 2023 hos not material
changed. Property purchased oher 31 December 2022 is included al cost.
Flnanclal as$￿¥ h•ld al lalr v¢lv•
51ed investments are shown al martel valuolDn.
18. Debtors
2022
Prepayments
Rents receivable In ￿￿earS
Other debtors
11,679
52,792
14,619
52.693
13,470
72,471
9￿.782
I P. CuThent Inveslmenls
2023
X)22
Short-term deposits
437.534
20. Credllors: amounts falllng du• wllhln one year
2023
22
Accruols
Sociol securily and other laxes
Rents poid in advance
EdLJeolion fund oward comrnilmenls
42,962
343
912
42.9(M)
35.016
342
912
39.6(K)
87,117
75,870
21. Pensions ond olher post r•lliement b•neffts
Defined ¢¢ntilbullon plans
The omount recognlseij in Income or expendilvre as an gxpense in rdation to defined
con1n￿lIon plans was £1.18312022: £9941.
21

Archblshop Holgate's Hospllal in Hem5WOrth
Noles to the Flnonclal Statements (Con11n￿￿)
Year ended 31 December 2023
22. Anoty$15 of chatttable fvnds
Unr•slrfcl•d lunds
At
l Jan 2023
Gains ond
Al
losse5 31 Dec 2023
Income Expenditure
Transfers
Unrestrfcted Fund
Emergency
Repair FLJnd
929.603
441.528
1503.2211 1146.1811
ni.729
854.657
208,711
43,394 1,106.762
1.784,260
441,528
1503,2211
62.530
43,394 1.828.4?1
Al
l Jan 2022
Galns and
Al
1055es 31 Dec 2022
Income Expendlture
Transfers
Unreslrfcted Fund 1,134,340
Emergency
Repoir Fund
488,551
1453,5491 1239.7391
929.603
607,785
22.598
239,514
115.2401
115,2401 1.784,260
854,657
1.742.125
511.149
1453,5491
12251
The emergency repair fund was established to provide lor major repa￿ lo Ihg propertles held.
Additional funds have been ollocoled lo the fvjnd this year.11 is currently held wllh LGT Wealth
Management in an income strategy portfolio.
Endowment funds
At
l Jan XJ23
Gain5 ond
Al
losses 31 De¢ 2023
Income Expenrfilwe
Transfers
Pemanenl
Endowment Fund 22,457.478
145,58£)1
162,5301
183,976 22,533,344
At
l Jan 2022
Goins and
Al
losses 31 Dec 2022
Income Expendllure
Transfers
Permanent
Endowment Kjnd 19.185.183
225 3,272,070 22.457,478

Archblshop Holgate's Hospltal In Hemsworth
Notes to Ihe Financlal Stalemenls {C4Mllnv•d)
Year ended 31 December 2023
23, Anatysls ol net assets bolw•en frjnds
Unffslricted Endowm8nl T¢)tal Funds
Funds
Funds
2023
Tonglble flxed 0s5els
Investments
Current a55ets
Credilors less thon l year
N•t ￿Sets
2,504
1,106.762 22.533,344 23.640.106
806.342
806.342
187,1171
[87,117)
1.828.491
21533.344 24.361,835
Unrestricted Endowment Tolal Funds
Funds
Funds
2022
Tangl￿e ffxed assets
Investments
Current asset5
Creditor51@55 than l year
Nel as$•ts
35.761
35,761
17.268,5
1.824.369
7,013,347
175,8701
175.8701
1.784,260 22.457.478 24.241.738
17,268.5CL)
5.188.978
24. Related partl•s
The charily hod no transactions with reloled partles during the year thol requiie dlsclosLKes.
23.

Archblshop Holgate's Hospllal In Hemsworth
Management Informallon
Year ended 31 December 2023
The followlng poge5 do nol lomi part ol fhe Ilnanclal slal•m•nts.
-24-

Archblshop Holgale's Hospltal In Hemsworth
Detalled Statemenl of Flnanclal Acllvllles
Year ended 31 December 2023
2023
2022
Incom• endowments
Donallons and legqcles
Maintenonce contributions
Guest accommocjollon
11,021
ioo
11,290
11.290
Investm•nt Income
Income from inveslmenl properties
Income from listed investments
Bank interest receivable
Woyleoves
272,83Q
140.302
14.605
2.610
272.165
224,684
2.610
430,347
499,859
lolal Incom•
441,$28
511.149
Expendllure
Investment managem•nt costs
Investment property professional costs
Property repairs and maintenance chorge5
Investment manogem8nl costs
16,210
14.796
53,974
30,984
8,197
84,380
39,181
ExpendSluT¢% on charflable ocllvlll•$
Wages and 5alarfes
Employerfs NIC
Pension costs
Rules and waler
ght and heat
Repalrs and mointenance
Insurance
Sundrfes
Legal and profe35ional lees
Telephone
pps
Deprecialion
Profit on dlsposal of equiprnenl
Sub5criplSons
Educatlon occounl
Quartetty distrik￿lIonS
Education tund awards
Website development
68.715
59.467
174
994
9.812
35.177
120.541
18,931
4.224
19.343
2,626
1.318
43.565
12.8COI
465
260
9Q)
99.371
i0,I90
58.027
124.701
28.836
3.122
16.506
2.982
449
36,370
598
210
910
106,000
4,531
444.421
414,368
Total exp•ndllvi•
548.801
453.549
25-

Archblshop Holgale's Hospital In Hemsworth
Detalled Stalement of Financial Acllvltles (conllnued)
Year ended 31 December 2023
2023
2022
Net galm on iThvestments
Gainslllossesl on dlsposal of investments
Fak value movement on investm6nls
(11,52n
238.897
227,370
Nel Income
120.097
57.6CLI
26-

Archblshop Holgate's Hospltal In Hemsworth
Notes to the Delalled Slatement of Flnanclal Acllvllles
Year ended 31 December 2023
2023
expondllur• on ¢harftabl• octlvllloi
Operallon ol the Hospllal
Acllvllles vnderfoken dtrecl
Wag851salarf8S
Employer's NIC
Penslon costs
Rates & water
Llghl & heat
Repalrs & maintenance
Insuronce
SundrEs
Legal and professional lees
Telephone
pps
Depreciolion
Proffl on disp¢Jsal ol equipment
Svbscriplion5
Education account
Quarterly distribJlion
37.514
1.041
1.183
io,i?o
58,027
124.701
28.836
3.122
2.505
2,982
449
30.370
31,077
174
994
9,812
35.177
120.541
18.931
4.224
9,777
2,626
1.318
43.565
12,8001
369
260
240
910
308,593
276.945
Support costs
Wag85lsalari8S
Legal and professional fees
Bank charge5
Weblle development
31,201
7,101
95
4.531
28,390
5,792
96
42.928
34.278
Edvc(thon lund awarth
Acllvllles undertaken direcNy
Education lund owards
100.000
99,371
Governance cwts
Audlt fees
6.900
3,774
Expendttvre on ¢harflabl• acllvllles
464,421
414,368
27-