Charity rngistrntion numbeT 221S35 (England and Wales)
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
LEGALAND ADMINISTRATIVE INFORMATION
Trustee8
J Cooke
J D M S￿rroW
A J Btaza
D C Theaker
RevR WHart
R WHyde
A S¢holey
J Oavies
D P S Mackenzie
Dr J Greaves
N Smith
PW8y
IApp(ynled 5 March 2024)
IAppThnled 5 March 2024}
{App(Mnted 3 June 20251
CoThespondent
MrsA UIIyott
Robin Lane
Hemsworth
WF94PP
Charity numb•r (England and Wal•sl
221535
Principal addr￿¥
Robin Lane
Hem8WOrth
Wesl Yorkshire
WF9 4PP
Audltor
Haigh & Co
Grange Cottage
Womersley
Doncasle
DN6 9BW
BankerB
HSBC Lifnited
S Markel H¢ll
8arnsley
Sguth York8hire
S70 2PY
Solicitors
Ware & Kay Solkitr>rs
SÉntinel House
Peasholme Gre8n
Yo
Y01 7PP
Wrigley'8 Solicitors LLP
19 Cookrilge Street
Leeds
LS2 3AG

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
LEGALAND ADMINISTRATIVE INFORMATION
InveBlm•ntadvizorn
Cove Financial Plannin9 Ltd
Unit 4 The OldArmoury
BaeJ¢ Chw¢h Street Court
LS29 9DA
nd agents
Stephen8on8 Rural LLP
York Auction Centre
Murton Road
York
Y019 5GF

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
CONTENTS
Page
Trustees. report
Independent auditorfs rèport
Statement of finanaal activiks
Balance sheel
statemenl of eash Ilows
10
Notès to thè Ilnanclal statemÈnts

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The Truslees present theTr annual reporf and financial slatsments ￿ the year &ndgd 31 December 2024.
The finan¢ial slalemen15 have been prepared in a¢)xrdarw with the acLounllng policies set out in the notes, lo the
finaroal statements and comply with the Charty's governing document. the Charitie5 Act 2011. FRS 102 "The
Finandal Rèporting Starhdaid applicable in th8 UK and Republic of Ireland. 2nd the Charities SORP .￿￿￿untIng
and Reporting by Charities.. Stalement of Recommended Practi￿ applicable lo tharrtiès prèpariro thèir accounts in
aCcKjrdan￿ with the Flnanclal Roporung Stsndard appllcable In the UK and Republic ol I￿land IFRS 1021-.
Oblecoveg and actlvltSe8
We have referred lo the guidance contained in the Charity Commission's yeneral guidance on publlc benefft when
re￿ewIng oui aims and objectives and in planning ourfuture actiwit￿s.
Tha chariws principal activitlas are dat811￿ below.
PFfjnelpal aetl¥ltl•s
The Trusl Provides ond rnaintains houslng accommodat￿)n in a complex of 24 cottages for eklerly Fer50ns
preViou￿Y Iwing in an area of defined benefft.
When a coltage beo)mes vacant the Tru$l advertises within the churd)es of the qualrfying porishes and in local
libraries. The Imst wèlo)mes applKations from all s•ctions ol the cornmunity.
Th8 TNSI operates Ihe Hotq8te Award SGhemg lo offer ffnanclal sUPPQrt to students frorn local schools Sta￿ng a
further education c¥Jurse.
Public bpnefit
The Trust open5 it'5 historic buildings. srnall museum and gardens lo public access and proMde8 8UPPOrted tours 19
orgsnised groups. school parties and individuals. The aim betng io ènablè tha community to enjoy and appreoale
the history of the hospital an(J enjoy the exiensive gardens.
Achievements and perfornmnce
Routs'ne maintenance work at the Almshouses continued during 2024.
New double-glaz8d windows hav8 bÈ8n fittèd in the u)tt8ge's rear winclows. and replacernent double dazed unils
installed in the front ¥nd r¢gr por¢h?$. along wrfh new bathroom extrador fan5.
The Chapel has seen the benefrt of the in51alt8tion of new and 1rnpio￿fig lighling and a new boiler.
A new bespoke websrte has boon developed which launched in 2024. providlng Infomiatlon on the Almshouse&
including grounds and setting, community and hi$lury. ¥nd educatlon and grants.
Cottage 6 l￿ntInueS lo be used a guest cottag& lo hglp improve the Alrnshouses facilities aTrJ aid wellbeing.
Re$ident's famil￿$ ané friends stsy in Ihe ¢￿ttage. parliCular￿ in tirnes of resident Illn&ss, or Wh￿ visiting from
furth8r afield.
A large sedion of boundary lentyng h$$ b$¢n in$¢alled around the Mmshouses to help"ensurè ongoiNJ security arKI
safety lor residents and staff.
The Trust purchased a furthor 146 acr¢$ of fBmland In Matton for £1,575,000. Thls land is a(lia￿nt to tsrmland
urrently owned by the Trust.
Hemsworth Farmhuu$e do￿￿pman1 Is now eomplele,. the tdmi len8nls a￿ trnjoylng living in a modem, eneryy
effic￿nI property. The schedule of works for the refvrt)ishmenl ol the original tsrmhouse. Hemsworth Lodgè. has
boen agfèAd and work will ttsmmèneè In 2025.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Edutstion FoLtndation made awards to fow local studènts of £5,000 pgr annum for vp lo 3 yea￿. lo he￿ wAh
expenses and living co$ls whilst al uniyersily. An apprenticeship sward of £1,000 was made to one local student to
assist with costs aS5ffi8ted wifh thek wur$e. The Education Foundalion awafdod gf¥fbls lots￿n9 £43,337.08 10
local schools lo help improve cUrTI￿lUM areas both inside schools and In Èchool grounds.
Awards have been as fc41ow8'.
Award
£4,677
£s,000
£7,SDJ
£7,525
£8,935
£9,500
St Helens Hemsworth Prfmary School
Badsworth CofE School
Glove Lea Prfmary School
South Hiendly Piimary Sthool
St J08eph'g Calholic Primary School
lfjn95 Meadow Academy
Frnanclal revlew
Income in 2024 has inuaa$8d by ju81 ovèr £61,000. due to roluffl¥ from investm￿ts.
Tharè has been an Sncr•ase in expenses in the yoor of ]u$l ovgl £76,(J)O. Th16 is mainty due trj the 8ubstanlial
pairs undèrtgken at the Hosptal.
Reserves Pollcy
The Charily's policy rs to maintain these at a level which equates to approximalèly ttvelve months ol unrestthted
expèndrture. This is consldwed adequale to meet emèrgencies which may arise Irom lime ¢0 thme. As a 31
December 2024. Ihe charitys unrestricted 185erves amounted lo £600,758.
Investmentpollcy
The Trustees contlnue to the services of inijèpèndert fin8nrA81 a￿sor$, TrigwoSnt Finandal Planning (trading
name ol Cove Finan¢ial Pl8rth)irvJ Ltdl.
The Investment portrollo i8 (￿rren￿Y invested with LGT Wealth Management. Additi￿￿1[Y, a Fhytfolio of cash deposil
accounts, or money market instruments, aJe held to ¢ovor short letrn liquldity req￿rgmentS. arnl as a) ernergenty
fund.
An inveglmenl sulKommitt¢e re￿eW the investmenl perform8n¢e on a regulai ba￿s. Trigpoinl Finarrial Plallnlng
report lo th• sub-committee and attend Tru$tee meellngs when r¢qyirgd to do so.
The investrnenl poliw was kst r8vith¥ed Sep10mt4r 2023; thè Tru$iws are In dir*ussOons regarding adopling
Total Retums Strategy, when 4 do¢ision has been reachod. thg in¥e$lrnenl Oicytwlll be updated 8ecordingty.
RiBk managem•nt
A revlew of the rn8jor risks lo which thtr Charity is exposed has been conducted. Systerns have b8èn establlshed tts
mitigafr these risks and thèse procedures are periodically Teviewed.
Plan8 lor luturè Pèfiods
An appI￿allon for lull pl8nning permission to turn the agriC￿l￿ra1 barn al Wlluw Fann into Iwo ￿lJen￿81 dwellings
has been submitted.
Work ha¥ been ag￿ed on the Ma8tgr'slPorterf$ Lodge roof to help ensur& rt19 Water ￿pht.
Thè Tmslees hawe agr8ed to offer the samg financial awards a6 2024 for th& Eduration FoundAlfon tr* distribute in
202S', a maxlmum of six students be off8red up lo £5,WO pèr annum for up to 3 years atKI a maximum 01 £40,000
avallable for grants lo be offered for local school projods to help improve ¢urriculum areas. Thè Education
Foundation will havè a further 10% diserètional fund for disposal Should they feel lurthor funds are necè&sary. The
Trustee$ also agreed that il the maximum sludènts awards were nol dislribuled, funds from the tjntssèd monies
could be transferred to scl)001 grants. Ap￿lI￿lI0ns forAppreTrlwhlpAwaids are welcomed throughout the year.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Structure. go¥èmance and management
Trust deed and obJectiv•8
The Twst is operated under • Scheme for Ihe managemeni and 8dnunistration of the cbarty as approved by the
Charity Commission 16 November 2005. as amendgd by stheme dated 1 November 2017.
Archbishop Holgate Hospital was originally founded by Robert Holgate Ar¢hbishop of York from 1544 to 1553, und
th? l¥rin8 of a bequest cont8inèd in his .￿11.. He cjevisecj substanU81 holding5 of land to enilow a hospital at
Hemsworth in the county of York. His Will" (x)ntsined speufic direclions as to th8 8dmlnl$lration d the Hospital and
the persons enlitled to Iwe there.
The Princapal oblects of the chaiity are..
lal the provis￿￿ of hou¥ing accommodation lor the beneflcfjar￿S
Ibl such chanlable purposes for the benefts ofthe re$￿ence
Icl to promote the educalion of per60ns under Ihe ago of 25 who arè in n88d of ffin8nci8188sistants and are
resident in tho arèa of benefit.
Gov•man¢•
The Charity is administerèd by a 8o8rd of TTuslees supported ty a romun8rated administrative assistant. Th8r8 are
prosenlty tsvelve Trusteès and all administrative wtsrk is based al our office in Hemsworth and from the homes of
Trusteeslcle
Tha Trustpg5 who ¥erved duiing the y9ar and up lo the dal& of slgn8lure ol the financial statements wue..
R C Hawcroft
(Reslgned 3 March 2025}
J Cook8
J D M s￿rroW
A J Blaza
D C Theaker
RevR WHart
RWHyd?
S M Jennings
A Scholèy
J Dawès
D P S Mackenzie
Dr J Greaves
N Smith
Pway
IRe5igned 13 February 20241
(Appointed 5 March 20241
(Appointed 5 March 20241
IApFKJinted 3 June 20251
Tn￿ R8crultmttnt and Trnin1￿g
New Irusiees are recruited as needs arise in accordance with Ihe scheme. Conside[at￿n givgTr ￿ skills Tiu¥tQeS
have l.è. Soliators, Farmers. Accountancy, Builders. ete.
The Trust Is a member of the Almshouse As8OC4ation which provides advi￿ and support. 11 organi%es serrinars
whith Trustees attend.
l Trustees give their tlme and expettije voluntarily and rpcewe no Ternuneration or other beneffts.
The Trustèes lollow guidancè provided by the Charity Commission and Almhouse Assouabon.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
staternent of T￿￿tee5. respon¥ibllltlgB
Th8 Truste8s are 18spon5ibl8 for preparing Ihg Tru¥l8¢s' Rgport and the financlal slalements in accordance with
applrcable Iw Jnd United Klngdom Acuunting Slandards {Unil#d Kingdom Gener811y Attepted AcwJntin9
Pra¢ti¢g1.
Thglow appllcabl& to ¢haritle$ In Eng*n(J anil Wales requtrgs Ihg TNstggs to prepare financial statements for each
finanoal year which give a true and fair view of the state ol affairs of the Charity and ol the incoming resources and
applKalion ol ￿oUr¥e$ ofthe Charity for thal year.
ln preparing these finan￿al slatements. ihe Trustees a￿ reoulred to..
- selecl suitable aC￿unting policies then apply them conssst&)tly.'
- observg the fflethods and plin￿pIeS in Ihe Charitie5 SORP,.
make jud9ernents and 85timates that are reasonable and prudent-
state whether applicable accovnllng standards hav6 been lollowed. sublecl to any materlal departures disctosed
and èxplainèd in the fin8nrAal staternents- and
prepare the financial slalements on the going concem basis unless it is inappropiiate to presurre that the thaiity
vrill o)ntinug in opèration.
The Trustees are responsible for keeping sufficAent accounting re￿rdS that disdose vthh re8sonable accuracy al
any time the finaneAal position of the Charity and Èftable them to ensure that thè financial statemerts comply with
thè Chsrilies Act 2011, thg Charity (Accounts and Reports) Regulatior6 2008 and the provisions of the trust deed.
They are also responsible for s8leguarding the assets of the Charity and hence for tsking reasonable st8P8 fcf the
pwenlion and det8ctlon of fraud and othgr Irregulartties.
The Tru$leos' rèport
pprovgd
the 8oard of Tru$lee$.
D C Theaker
Trustee
Date..
o.%Lo..g.ta.O¢af

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEPIJSWORTH
Oplnlon
We have audited the financi818tslements of Archbishop Holgate's Hospital in Hemsworth (the 'Charity'l lor the year
ended 31 Decembar 2024 bthith corHpiisQ the stslernent of finan(xal aclivilies, the balance sheet, the stalement of
cAsh flows and note8 to the financial statements, Inclutjing signifi&gnt 8c<y)unting poliaès. Thè finanual rèporknng
Iramework Ihal has been appli8d in their preparation is applicable law and United lQngdom Accounts"ng Standards.
including Financial Reporting Standard 102 Finanual Répothng Slèndartl 8pplicablè in Ihe UK and Republic ol
Ireland IUni¢ed Kin9dDm GgneraltyAc£gpted Accountr'ng Practk4).
In our opinion, the financial ststements.-
give a true and fair view ol the slato of Iha charws affalrs as 8131 0￿mbar 2024 and of its in¢oming
resouwtss and appIl￿tIon of resoLJrces. forthe year then ended..
have be8n propèrly prep8red in 8ethrdan(* wtth United Kingdom Gener81ty AeL8pled Acixjuntinp Pra¢ir*:
nd
hayg been Prepared in accordance with the ChariliesAct 2011.
8••18 for oplnlon
W? conéucted oui audit in accx)rdance with Inlemational Standards on Auditsng IUKI IISAS IUIfjI and applicable
law. Our responsibilities under thoso stsndard$ are lyrther descr￿)ed in thè Athlitorfs resp)nwbilities forthe 8udil ol
Ihg hFnancial statem&nts seetion ol our report. W¢ aro independent ol the Charity In accordanco wth the eth￿1
requiremenls that are relevant lo our audil of the financial $tsternents in the UK, including the FRCs Elhlcal
Standard, and we have fulfilled our olher ethi￿1 rgsponsibilllies In accordan￿ with these requirements. We beI￿ve
that the audrt èvklènca we ha¥È oblained Ls suffi¢i8nt and approwhite to prowde 8 basis for our opinion.
Concluslons we1a￿ng to golng CDnc•rn
In auditing th8 financial statetnents. we have C4)n¢luded that Ihe Tfttstee5' use of the goiro co￿eM basis of
c￿untIng in the preparation of the finallaal slatgrnant5 is appropr￿te.
Based on the work we have perform8d, w8 hav8 not Klentffi8d any mat8Tial uncertainlia$ relating to avents or
(￿nditionS that, indimdually or c￿1￿Ctive1y. may Gast signfficant doubl on Ihe Charity'5 abilty to continue 85 a goiTrJ
oncem for a peiiod of at teast ￿1Ve months frcfft when the financial Stalements are aulhorised for issue.
Ouf responsibdilies and th8 responsibil￿e$ of Ihe Truslees with respect to going concern we described in the
ielevant sections of this report.
othgr informalion
The other information comprises the infom)ation Included In the annuÈl res)ort other than the finarckql statements
and tsur audiioe5 report therpon. The Trustees are responsible for the other informalton o)nlained within th$ annu
Teport. Our opinion on the financlal stsiemènts doés noi cover the other Infomation and we do not express any form
of assurance ￿nclusION IhÈrÉon. Our responsibility is to read Ihe olher infomalion and. in dL¥ng 50, consider
whether the other information Is rnalerially Inconsistent thè financwl statements or QUT knowledge obtained in
the course of Ihe audit. or oth6rwisè 8ppèar# to be materially misstated. If we Klentsfy such material inconsistencies
01 apparent malglial misstatements. we are requlred to determlne whether this gives rise to a materlal mlsstatement
in the financAal statements themselves. If, basèd on the work wé have pertorrned. we cort¢lude that theie a
maierial rni5Statem&nt of thi5 o¢her infotmation, we are required to rep￿1 thal fad.
W8 havg nothing lo report in this regard.
Mats¢rn on whlch we aro requirod to report by exceptlon
We have nothing to report in respect ol the following matters in relation to whlch the Charitles {A￿o￿ntS and
Reports) Regulations 2008 raqubres u$ to feport lo you if, in our opinion..
th& informalion grven in the financial stateM6nts 1$ inconsistent in any mataiial respeGt with the Twustees.
report., or
¥uifi¢i$nl accounling r*¢ords have not been kept,. or
the financial statements are nol tn agreement with the acwunting tEcord5," or
we have not re￿Ived dl the infom)ation and explanations we requi￿ for our audit.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
R8sponslbllltles of Trusts•s
As explained more fully in ihe statement ol Trv$teg¥ responsibllltles, the Trustees are responslble for the
p￿paration of the finanrAal statements an¢J for beiro Sa￿s￿ed Ihat they give a true and lair view, aThJ for su
intèrnal control as the Trustees detemiine 1$ no￿Sary to enable the preparation of finan¢o1 stslemenls thal a
free from material misstatement, whelher due to fraud or error. In preparing Ihe financial statements, the Trustoès
are responslble for assèssing the Charity's aLilrty to continue a golng concern, disrjosing, as applicable, matters
related to going concern and using the going CL￿CeM basis of a￿OL￿ting unless the Trustees either intend lo cease
OPgration$, or havg nr) rgalisllc allernatNe bul to do so.
Audltor'8 Trspon81bllltles for thg audlt of the flnanelal ststèmènts
We have been appolnted as auditor under seCt￿n 144 of Ihe Charfties Aci 2011 &nd report In accordan￿ wlth the
Act and relevartt regulations made or haV￿g effect thereutvjer.
Our objectives are to obtain reasonable assurance aboul thether the financial statements as a whob are free from
material misststemenl, whether due lo fraud or error, and to issue an 8￿j11￿S rèport th8t indudes our oiinion,
Rea59nable assurance is a fvigh kvel ol assurancè but is nol a guarartee that an audrt conducled in a￿rdance
with ISAS IUKI will always dpteth 8 mat￿181 misstatement when it exists. Misstat8m6nts eAn 8rf88 from fraud or
error and are considered material if, indrvwJua1￿ or in the aggregate. they could reasonably be expected to influence
the etxnomic deusions ol u5er5 taken ￿ the basis ofthese ffinancigl stalements.
Irregularitlès ineluding fraud are inslanc•s ol n0n-ujmp1i3n￿ with 18WS 8nd regulations. We design procedures in
line with our responsibilrbes. ouuined abuve, lo detBct rnalerial rnisstalements in the respect of tregUla￿t￿$,
induding fraud. The exlent to which our prO￿dureS are capabb of detecting irregukgrilies 18 detailed below..
We obtained an undtrrslanding of th9 legal and regulatory frameworks that afe applicable to the charity and
determined thal the most $ignfficant are those that relate to the reporting fvarnework IFRS 102 and
Charities Aci 2011}. cornmuniGaled the identified laws and ￿gUlationS throughout our team and
remained alert lo any indicatlC115 of non-cofflpliance thr￿ghout Ihe audil.
As part of an audit in acLordancè with ISA$ (UK), we exercise professional judgement and maintain profe5sionaS
8cepticism throughout the audit. We also carried out the followi)g Ihe audit proC￿￿￿s=
Held discussions with management, thal Induded consideratiL￿ ol knovm Dr su5Pteted instance8 01 non-
Ct)mplianc& with law¥ and regulations.
Challenged a55UrnPtions and I￿JgeMents made by managamont In Its slgnlflcant accountlng 8Stlmat8s that
involved making assumpiion5.
T8st8LI any Iransa¢lion8 entered that are outside of the nonnal oJurse of the charitys affairs.
Revl8wed recent o)rrespoThJenrA ¢ompany's legal advisors lo ensure that it aligned wilh any
concluslons drawn kn respect of any outstanding or uncertain legal matters.
Evalualed the over811, presontation. Structure and content of the finanrial statements. incluc5ing the
disdosurès. and whelher the financial stateTn9nt5 prg5gnt thg undertying transa￿10￿6 and events in a
manner thal achleves falr presentation,
However. the prfrnary responsibilty for the prevention and detection of fraud still rests Mth bolh those thbrged with
govèmartcè ol thè Èntity and Ihe manag8m8nl toam.
A further description of our ￿s￿L)nSIbIlitIeS is 8vailable on the Financial Reporting Council's websi18 31.. http5.'11
www.frc.org.ukJaudltorsraspDnsibilitse$. This desuiption fomis part ol our auditorf$ rwrt.
Other matters

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
INDEPENDENT AUDITOR'S REPORT (CONTINUED
TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
Your attsntMJn i8 drawn to the lact that the d)arlty has prepare(l financlal statements In 8Lxordanc* wilh-AccLiuni'n9
and Reporting by Charities.. Slalement of Re￿rnMended PraGtice applicable to thariliES preparing t￿1[ account5 in
a¢¢ordanc¢ with the FinancAal Reporting Standard applicable in the UK and RepubSi¢ of Ireland (FRS 1021" la$
amend8d} in preference lo the Accounting and Reporting by Charities.. Slatemenl of Recommended Pract￿￿ issued
on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
This has b8en done In order for the f nancial statomenls to provide a true and f￿"T view in acttJrd8nce th curront
GÈnerallyAccepled Accounling Piactice.
U$• of our 1PPDrt
This ￿ port is made siAely lo the Ghatity'5 meTllbers, as a body. in accordance with sedion 144 01 the Charits'es A(*
2011 and regulations made under sedion 154 01 th41 Act. Our audit wtsrk has been undertaken $0 th81 we migm
late 19 the charity's members those marters wea re ￿qUired to state lo them in an auditors ￿pOrtand for no other
purpose. To Ihe fullest extent pemrtted by taw, WÈ do not accept Dr assume responsit*"lty to anyone other than thè
charity and the charil
embers as a body. for our audlt work, for thls report. or for the oplnlons we have formed.
Mrs W M Halgh ISÈnlor St*
ry Auditor)
Ftsr and ort behalf Of Haigh & Co, St8tuloryAudilor
Chartered Accountants
Grange Cottage
Womersley
Don￿Ster
DN6 9BW
Date..

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 DECEAIBER 2024
Unrestricted Enilowmont
funds
fundg
21124
2024
Tolal unr￿fi¢l*d Endowrnont
fund5
fund¥
2023
2023
Total
2024
2023
Not•¥
Income from:
Donatlons and legacAes
Investmen18
12.420
491,970
12,420
491,970
11,181
430,347
11,181
430.347
Total In¢om•
504.390
504,390
441,528
441,528
Expendlture on-
Raising funds
Charitable acii¥itieB
55.975
528,924
38.868
94,841
528.924
38.800
464,421
45,580
84,380
464,421
Total eX￿ndI￿r*
584.899
38.866
623,765
503,221
45,$80
548,801
Nel gainslllosses> on
in￿sImÈntS
11
120.310
250,050
370.360
43,394
183.976
227,370
N•t incom•
39,801
211,184
2SQI,985
(18,299)
138.396
120.097
Transfers between
funds
13
62,530
162,530)
Net f170V9m•nt In
funds
39,801
211,184
250,985
44,231
75,866
120,097
Ro¢0￿11￿*119n olfvndB:
Fund balances al 1 Jarwary
2024
1.828.491 22,533,344 24,361,835
1,7B4,260 22,457.478 24,241.738
Furtd balanco5 at 31
December 2024
1,868,292 22.744.528 24,612,820
1.828.491 22,533,344 24.361,835
The statement of finandal 8Cti¥rbes indude5 all gains and lossès r•co9nis•d In ths year. All irwme and oxpoThJrture
derNe from o)ntinuing acINi￿es.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
BALANCE SHEET
AS A T 31 DECEMBER 2Q24
2024
2023
Fixed assets
Tangible assÈts
Inveslment propety
Inveslments
14
15
16
4.107
19.181.754
4,835.422
2.504
17,551,920
6,068.186
24,021.283
23,642,610
Cuffent alsots
Debto
Invgslments
Ca$h at bank and in hand
17
18
83.223
483,871
99,S08
72,471
637,534
96.337
666,602
806.342
Cr•dStors: amounts falllng due wlthln
onè yèir
I75,(￿5)
187,11n
N•t turmmt •**•ts
591,537
719.22S
Totsl assèts lès8 current Ilabllltl•8
24.612.820
24,361.835
The funds ofthe Charity
Endowmtrnl funds
Unrestricted fvnds
21
22,744,528
1,868,292
22,533.344
1,828,491
24.612,820
24,381,835
o:.i.lo.C.i.l?oa
The financial statèments were approvÈd by the Tru5teps on ..
M Skirrow
Truslȕ
er
Tru#tee

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Nots$
Cash Ilows from op•rdting acti¥ltles
Cash absorbed by 0￿ratIonS
2$
(632,9521
1481.692)
Inve8ting actlvitio$
Purchase oltsngible fc<e<l assèls
Purchase DI t￿￿stMent property
Purchase ol other invèstrnenls
Procaeds Irom disposal of othw In￿lments
Investment In¢ome received
12,8001
{1.829,8341
,499,1801
4.275,967
491.970
13,1131
{283.4201
{6,748.6961
600.301
430.347
Net caBh g•ngratod froml{u¥ed In) Invegting
activllle$
636,123
{8,tM)4.5811
Net ea•h g+nornted from finandng activities
Net Incr•a$￿(decrÈ2sel In cash •nd cash
equival*nts
3,171
(6,486,273)
Ca6h and cash equivalènts at b￿]nning of wr
96,337
6.582,610
Cash and eash 4uivalents at •nd of y•ar
99.508
96.337
10-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcl•¥
Char￿Y Inform•Uvn
The charity Is a public bBnefrt entity and a regislered chty in England and Vvales and is uninrx)rporateé. The
address ol thè principal offir£ is Robit) Lane, Hetll5WOrth. York5hif8. 4PP.
1.1 Accounting conv•ntion
The financAal stalemants havè bÈèn prepared in accordance vAth IhÈ Charitls governing document, Ihe
Chaiibes Act 2011, FRS 102 'The Flnaneial Reporting Standard applicable in Ihè UK and Republic of Ireland"
and Ihè Charitiès SORP "Accounting at)d ReFX)rting by Charibes.. Statement ol Re￿Mmended Practi
applieable to charities preparing their artounls in aecordaneo with the Finan￿31 Reporting Standard
ppli¢able in UK and Rèpublic of Ireland IFRS 1021" The Charity 1$ a Publlc eenefft Entity as thfined by
FRS 102.
The finanaal statements have departed from the Charitie$ (Aecounts and Report5) Re9ulations 2C*J8 only to
tho extent required lo prowde a true and falr view. This departure has involved followng the Stalement ol
Re¢ornmended Praclice for tharities applying FRS 102 rather than the version of the StateEnent of
Recornmended Pract1￿ which 1$ referred lo in the Regulab"ons but whl¢h has $lnce been wtthdrawn.
The ffinanclal slalements are prepared In 8lerfing. W￿l¢h Is the functlonal ourrenw of the Charity. Monetary
amounts in these financial statements are rounded io the nea￿$1 £.
Thè ffinancial slalamants have bgen prepar¢d uThJer the historical cg)st eonvenlion, modified lo include
investment properties and certain finan￿81 instruments 8t 18ir value. The princpal accounting pdrjes adopted
re set out below.
1.2 Gging Con￿rn
At the time of appro￿ng Iha fjnandal stslemanls. th8 Trustees have a reasonable expeclalion that the Chawity
s a¢Jequate resources to ¢Jintinug in operalignal exi¥t?nc8 foi the (orpsepable luiuie. Thus tho TDtsteos
rontinue lo adopt the going ¢))ncern basis of accounting in preparing Ihe fnancial stalernents.
1.3 Char51ablg funds
UniestThelsd funtls ai8 8v811 aLq& lor use al the di5cr8tfion of thè trust￿$ lo further any of Ihg charity,
purposes.
Designated funds are unrestricted funds earmarked by Ihe ITUStee8 for a particular ftrture project or
commitment.
Restricted funds are Subjected lo restrictions on their expenthure dedared by the donor or through the temis
ol an appeal. and fall inlo on& ol two Sut￿$se$.. restricted funds or endowment funds.
1A Incom•
Rental ineome 15 awountod for on a le￿iWabl￿ bg$is by the charity. Other investrnent In¢￿)Me is accounted for
when receNed.
1.5 Expendltur•
Expendrture is re￿gnised when a Irdbilrty is incJJrred.
Investment man8gemenl costs cY¢Tr8isI of land agent profrwwal fres and Investrment portfolio managemenl
costs. The latter being charged lo the Permanent Endowmenl.
Chatitsblg adiwli95 in¢ludg expgndilurg assoryaled %wth the day to day 0￿ratIOn of the Hospital and the
maintenance of the charitable assets.
Supptsrt cnsts include those In￿rred in the 00veman￿ of the thafty and its assels and are piim8rily
asswatgd with constitution313nd sl3tuLory r9qUi18menls.

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting wllclps
Icontinuedl
1.6 Tangiblg fixed assots
Tangible fixed assets are initialty measured al o)st and subsequonlly measured at o)st or valuation. nel of
dapreualion and any impaim8nt losses.
DepreCiat￿n is recognised 60 as lo write off the o)8t OT valu81ion of aBsets 10$8 their re$idu¥l valugs ov¢r their
uselul Ilves on the folowlng bases..
Lan¢J and buildings
Equipmènt
IO% straight li
20% straight lin8
The gain or loss ari￿n￿ on the disposal of an 85S8t 15 d8tèrmined as Ihè diff8ienc8 bÈlw8en thè sak8 proeèad&
and the carrymg value of thg assel. and 13 recogni8ed in the 8tstgment of fjn8nrAal a¢tivitie8.
1.7 IrNestment property
Investment property is initk41ty fycord8d at ra)st, whith indudes purthaBe Pri￿ and any directty attribulab
eXpeTrJrtu￿.
Investrnenl property ￿ revalued lo Its tdir valu8 al each ￿￿rtIng date and any changes In tdir value are
rec4)gnised ￿ itKome or eXpeThJitU￿.
1.8 Fixed ass•t inv8stments
Unlisted equity inv8Stm8nls are initially recorded al ￿3t, and subsequpntty measured at fair value. If fasr value
nnot te reliatty measured. assets are MeaSu￿d at cost less irnpaimient.
L1sl¢d Investmgnts arg rneasurod 81 fabr value with thange8 in fair value being recognised in income or
expenditure.
1.9 Impairnient of fixed assets
Al each reporting end dale. the Charty reviews the carrying amounts of it5 tangible 8ssel$ lo delemin
whèthèr there is any Indicatic￿ that those assats hava suI￿red an impairment loss. If any such ￿nd￿allon
exists, the reo)verabk amount of thè aisat is èitlmated in ordèr th d¥t8mrne tho extent of the im￿lrMent
los$ (If any).
1.10 Cash and cash equlvalents
Cash and c8sh equN81ènts iThrlude cash in hand. deposit$ held at call with banks, other short-temi IKiu*J
inveslrnent8 Wlth original matUTlties of th￿9 mL*)ths or ￿S$. arKI bank ov¥rilrJft¥.
Ca$h at bank and in hand relates to highly liquid asseis wrfh inGt8nl accoss.
1.11 Finonclal Inthrngnt8
Finan￿21 inslrum9Nls are claEsrfied and ac£ounted for 8ccordlng to thè substantrA of th8 contractual
arrangemenl. as either fjnancial assets, financtal liabiliti?s, or equity ihstrumenis. An equity instnjment is any
contacl that evhjences a resldual Intsrg81 in 4$6ots rfthe ￿mpanY aftgr dedurtlng all of its IlablllJe
1.12 Rgtirqmont b•n8fit•
Contributions to defjned conivibubon pl¥ns are reco9nised as an expense in the pariod vJhi(* the related
service is provtded.
1.13 D•btor9 and pr•paymÉnts
Dabtors in f•8PèCt of rents rel￿Vable in akTrars are t¢eo9ni8ed according to the portion of th& poric*Y
Olitslanding. Prepayments are ￿Ued al the amount prepamd ov8r tha lull period.
12-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢¢ounllng pollcles
Iconttnuedl
1.14 CurYÈnt Inv•stmgnts
Current investments relate lo bank accotsnl dèposits hèkl in tèrm aetounts withtn a cash investment platfrrfm.
1.1S CreditorJ and accruals
Accruals rerA)gni5èd wh8n the charty has a present obligation resultlng Irom a past event Ihat w611
wobably r88uII in the transfer of funds to 8 third pariy and thtr amounl due can be mea8ured reliably.
CtrIti￿1 accourrtlng ostlnkn and judgements
In the appllcalh)n of Ihe Charity's atcountirwj wlkiès. tha Trust80s arè raquir¥d to make judg$m¢nts,
estimates and assumptions about the carrying amount ol assets and liabiliiies that are not readily appa￿nI
from olher sources. The esumates and assoryaled 8s5urnpb.ons are based on histori￿1 ¥xpori¢rte and olher
factors that are o)nsidered to be relevant. ActLtal resutts may differ Irom these estimates.
The estimales and undgilying assurnptions are reviewed on an ongoing basis. Rewsions lo ac(x)unting
Q81imates are recognised in the period in which the estlmale is revised where the rewsion affeGls cnly thal
Period. or in th8 period of Ihe Tevision and lulure periods where the revision 8ffecls both Cur￿n1 and tsture
riods,
Intomo from donation• and leg•cie8
Unrestiicted Unre8tricted
funds
fttrnd$
2024
2023
MaintenaYr£ contrlbulbns
Guest 8&>)mod8litsn
12,220
21X)
11.021
180
12,420
11.181
Income Irom Invtslmènts
Unrestricted Unrestricted
funds
fund¥
2024
2023
IrKome from investrnent prOp￿tieS
Incorne from Ilsted Investments
Wdyleave8
Bank interest ieceivatAe
286,048
177,875
2.611
25.436
272,830
140,302
2,610
84,605
491.970
430,347
13-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
InvostmentThanagement costs
Unrestrletsd End¢￿￿ent
funds
funds
2024
2024
Totsl Un￿StrICted Endovnnent
fund8
fund¥
2023
21123
Totsl
2024
2023
Investment propety
professional cosis
Investment manwJern8nt
costs
Property repays and
rnainlenallce charges
29.ceo
29,C60
18.210
16210
9.474
38,866
45.580
53,974
17.441
17,441
14.196
14,196
55,975
38.866
94,841
38,800
45.580
84,380
Expendlture on charhable actlvltEes
Operation of Educatlon
the Hospiialfvnd award¥
2024
2024
Total Oporatlon of Educatlon
th• Hospmalyund award4
2023
2023
Total
2024
2023
Dlr•ct colts
Slaff costs
Depre¢i8tion 8nd
impaim)ent
Rate5 & water
LwJht & heat
RepaiTS & mairttÉnane•
lfjsurance
Sundvies
Legal and profes8ional
lees
Telephone
pps
SubscriplK)ns
Edwation account
Quarterty distribution
Ed￿tion lund awards
41.148
41,148
39,738
39,738
1.197
11,￿4
44,676
211.(￿8
33.927
7,084
1,197
11.964
44.676
211,(￿6
33.927
7,084
36,370
10,190
58,027
124,701
28,838
3,122
38,370
10,190
58,027
124,701
28,836
3.122
4,207
3,CfjO
839
4.297
2,505
2,982
449
503
260
910
2,505
2,982
449
503
260
Jo
910
106.000
,437
90,437
1C*,000
361,110
99.437
460.547
308,593
1G6.ODO
414,593
Share of support and g1)VBrnance coJt¥1500 notg 71
Support
$8,963
Govemar
9,414
58.863
9.414
42.928
8.900
42.928
6.900
429,487
99.437
528,924
3S8.421
106,000
464,421
Analysls by fund
Unr85trictgd fuThJs
429.487
99.437
528.924
358,421
106.000
464,421
14-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support ¢08ts allocated to actlYltle8
2024
2023
staff ¢ost$
Leg81 and profèssional fèè8
Bank tha¥gg$
Website Ilevèlopmont
Gov9man¢e oogts
36,708
12,529
120
9,606
9.414
31,201
7.101
95
4,531
6.900
68,377
49,828
Anoly¥ed ￿tween.
Operation ofth¢ Hospital
68.377
49,828
Net m¢w8mént in funds
2024
2023
The nel movement in funds is stated after thargingllcTedrtingl=
Fees payabIe for thè audrt of thè charitls ffinancial stat8ments
Deprethation of owned langibJ8 fixed assets
9.414
1.197
36,370
Tw¥tse¥
NDne of Trustees {or any persons connected wilh Iheml received any remun8r81ion or benelrts fr(m t
Charity during the year.
10 Employ•9
The average rTr)nlNy wmber of employoes durlng thg year was:
2024
Number
2023
Number
Number of adminlstrètrvÈ staff
Number of c*arftable actlvi16e8 Staff
Total
Employment costs
2024
2023
Wages and salawie3
Social security costs
Other p8nsion costs
75,854
68.715
1.041
1.183
1,321
77.856
70,939
There were no emF4oyees whose annual remungr?tson m￿* than £60.000.
15-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2024
11 Galns and lossès on invÈ¥tments
Unr•8trfcted Endowmènt
fundg
funds
2024
2024
Tolal Unrèstricted Endowment
funds
runds
2023
2023
Totsl
2024
2023
Gairtslllosses) arising on..
Fair value M￿arnent on
investrnenls
Gainslllosses) on
sposal of inv8slments
146,421
212,520
358,941
43,e91
195,006
238.897
(26,111)
37,530
11.419
1497)
(11,0
111.527)
120,310
250,050
370.360
43,394
183,976
227.370
12 Taxatlon
Thé charity is exempt trom taxatlon on Ks actN￿e6 be¢ause all its income is applied lor Gharhable pU￿Se$.
13 Transfers
Tne transfer of £62.530 from Endowment knnds to Unreslrlcted fund$ 1831 year reimbursed the amount within
eXpendItu￿ on charitable actI￿t￿5 allO￿ted to unrestricied funds. but was taken by mistak& from the
endowment fund. This w88 more than compensated in Fyior ye8rs by Iha 0.5% investment managerr￿1 o)sts
which were netteil off investmenl income and the￿lOre not allocated lo the endowrnent fund.
These charges lotalled In èKces5 01 £100,000 in the pr8vious four ye8rs. A significant proporb.on of th888
i￿est[￿entS bein9 held for over 20 years.
14 Tanglblo Ilx•d ￿Sets
Land •niJ
Equlpmo
Toi•l
Cost
At l January 2024
357,566
95.494
2,800
453,oeo
2.800
At 31 D￿￿rnber 2024
357,566
98,294
455,860
Depreciation and impalmiènt
Al 1 January ￿24
Depreciation charg•d in the yeai
357,552
14
93.fJ)4
1,183
450.556
1,197
At 31 OeeAmbèr 2024
357,S68
94.187
451.753
Carrying amount
At 31 OècemboT 2024
4,107
4,107
At 31 D8cember 2023
14
2,490
18-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
14 T*ngible fixed assets
Icontlnue
The Freehold Propaty above relates to the Communlty Centre whith 18 a building wthin the Holgale Fk)5pitsI
grounds.
The Tru519180 holds Freehold Land and Propvrty relating to the Holgate Hospital comprfslng 24 AIMS￿)USe3,
Chapel, MasleVs Housè and Porterf3 Lodge within 13 acros of mature grounds.
No value is plac￿ on this Freehold Land and Proporty as It Is ¢onsldereil lo be inalienab￿, due to Its historic
value and Ihe fact that the Trust is prohibited from disposing of it. 11 Is Iherefore impossible to pla& a market
value on this property hDwever the insurers report undertaken in 2022 ha$ eslimaled the re¥istatement cost to
bè £10.8 rnillion.
15 Investm9nl prop•rty
2024
Falr v41ug
Al 1 January 2024
Addthons through external a￿Ul5￿00n
17.551.920
1,629.834
At 31 December 2024
19.181.754
Invèstment properties were valued by RL Cordingley 8Sc FRICS FA4V at 31 OeeembÈr 2022.
The Trustees. who hav8 exp8riantr* in the local'on and caiegory of the investmenl property being valued.
constder the valuè of the properbes 8$ at 31 DecEmber 2024 has ￿t materialty thatyd. Propwty wr¢hasgd
after 31 December 2022 is included at cost.
16 Flxed asset Investments
Litstod
Inv•8tmènts
Cash in
portfolio
Total
C05t or valuation
At 1 January 2024
Additions
Valuabon changes
Disposals
6.069.142
2.499.180
358.941
(4.124.258)
19.044
13.373
6.D88.186
2,512.553
358.941
14.124.258)
At 31 De￿mber 2024
4.803.CK)5
32,417
4.835.422
Carying amount
At 31 December 2024
4.803,CIJ5
32,417
4.835.422
At 31 December 2023
6,C69,142
19.044
6,088.186
Li$ted inve5tm8nts are showi at rn3rkel valuatK)n.
17

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Dobtor8
2024
2023
Amounts fallirvJ due withSn one yèar:
REnt$ roc91vablp in arTear8
Prepayrnenls and a￿r￿8d Sncomo
63,354
19,869
52,792
19,879
83.223
72,471
18 Curront asset Invgstmgnts
2024
2023
Short-lem deN)sits
483,871
637,534
19 Cftditorn: amount8 falling wI￿n ono year
2024
2023
so￿al s8cutity and othertaKes
Rents paHI in zdvan
Education fund award wrnmitments
A(xruals
343
912
39.6(X)
34,210
912
42.9CK)
42,982
75.065
87,117
20 Retirement benefit ¥¢hem
2024
2023
Defined contribullon #cherne
Charge lo profit or loss in respecl ol define(J contribution schemes
1.321
1.183
The Charity operates a defined contribution pension stheme for all qUalI￿.ng employtes. Th¢ 48sets of the
sthemè are held $epar*ely from thos• of tha Charlty in an independently administered fund.
21 Endowmgnt lund8
End¢)wtll9nl fvnds represent assets which must be held p8rmanenlty by Ihe Charlty. Inoy7)e arisiNJ on t
endowrnent funds can be used in $rtordance with the obj.ects of the Charity and i8 included as ¢Jnr•slriLtsd
Inctsme. Any capital gains or loss•s arising Dll the aBseis form part of the fijnd.
At 1 J•nuary ResourcwJ
2024
xpended
Transkrs
Galns alld
loss•s
At31
December
2024
Pemi8nent endowmonts
22,S33.344
138,866)
250,050 22,744.528
18-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NQTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Endo*mtnt fund
{Conlinu•dl
Prnvlou8 year:
At 1 January Resources
2023
expended
Transfers
Galns and
At31
IrffjBe8 Oeeember
2023
Pemian•nt endovmwnts
22.457,478
145.5801
(62,5301
183.976 22.533,344
22 Unr•8tsletèd funds
The unièstricted funds ofthe charrty ￿)Mprise Ihe unexpended balancès of don8tions and grants arè
ot subject Io spedfic conditions by donors and grantors as lo how they Tnay be used. These Inthde
designated funds which have been Set aside out gf unreslricled funds by the trustees for spe￿￿ purp05e5.
At l Janu•ry
2024
Incoming Rwourc
r•sour¢•s
•xpend•d
Tr¥nsf•fS
Gains and
106$e8
At31
Docembor
Z024
Errwyon¢y
Repair fund
G8n8ral funds
1.10S.762
721,729
40,462
{40,4621
120,310
1.267,534
600,758
504,390
1584,8991
1.828,491
504.390
1584,e991
120,310
1.868,292
Previous yèar. At 1 January
2023
Incomlng
resources
Resources
expendpd
Trnn#fers
Gains and
losses
At31
December
2023
Emergency
Repair Fund
Ge￿ra1 lunds
854,657
929,603
208,711
114e.181}
43.394
1,106.762
721.729
441,528
1503,2211
1,784.260
441,528
1503,2211
fj2.530
43,394
1,828.491
The emergency repair fund was estsbllshèd to prowde for major rèpairs to the propertles held. 11 is currently
held with LGT Wealth Management in an inC￿rne strategy portfolio.
19-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Anal￿15 of net a88ets betwfyen funds
Unre*trieted Endowmènt
fund•
fund•
2024
2024
Total
2024
At 31 Dgcember 2024:
Tangible assets
Investm8nt propeities
Investments
Currenl assetsllliabilities)
4,107
4.107
19,181,754
4,835,422
591.537
19,181,754
3,￿7,888
(5,1141
1,287,534
596,651
1,868,292
22.744,528
24.612,820
UnY•$trl¢tod En(loknrynBnt
fund¥
2023
Total
2023
2023
At 3100c•m￿r 2023..
Tangible assets
lTrveslrnenl Properties
Irweslrnenls
Current assètsllliabilitles)
2.504
17,551.920
6.088,186
71922S
17,551,920
4,981,424
1,106,762
719,225
1,828.491 22,533.344
24.361.835
Related partytransactlons
During the reporting rericxl. Ihe chaFity hired 8 lawn mower from a Trusta• for £611 whil• lh# charitys own
equiprnenl was undergoing repair. Thè Trusteès arè satlsfied that the transactlon was in the besl interests ol
the charity and that appropnate safeguards were in plar* to 8nsure transparery and faime35.
26 Cash ab¥orbed by operatlons
2024
2023
Surplus for the year
250.985
120.097
Adlustrnents lor.
Inveslment income recogfjised in ¥talerrwl of fir￿￿al activities
IGainlAoss on disposal of investmènts
Fair value gains and103ses on investmants
Depr8oation and impairment of tangible fixed assets
1491.9701
{11,4191
1358,9411
1.197
{430,3471
11,527
238,8971
36,370
Movements worklng eapital:
Iln¢reaseydeuease in debtors
(Deuease￿nc￿$0 in fftditors
110,752)
112,0521
B,312
11246
Cash O￿Or￿d by opèr#titin8
1632,9521
1481,6921
20-

ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
26 An8￿1$ of changes In net funds
The Charity had no matèrial debt during the year.
21