Charfty mglstrntion numb•r 221636 (England and Wal9#1 ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH LEGAL AND ADMINISTRATIVE INFORMATION Trustees J D M Skirrow A J Blaza D C Theaker RevRWHart RWHyde A S¢holèy J Davies D P S Mack•nzie Dr J Greavas N Smllh Pway T Maeèr (Appointed 3 June 2025) (Appolnlod 2 June 20261 Corr¢•pondw MrsA Ullyott Office Robln Lan8 H•msworth F9 4PP Charity numb•r (England and Wale81 221535 Principal addre$8 Robin Lanè Hèmthorth W88t YorfKshire WF9 4PP Audltor Hwgh ACcotantS Mited Grange Cottage Worners Oonca5ter South York5trire DN6 9BW nk•rs HSBC MIlad 5 Market Hill Barnsley South YorksNre S70 2PY 8olieiti>rn iglels SolKttors LLP 19 Cookrfd9è Strèèt Leeds L92 SPJ Law Solicitors 4 Triunè Court Monks Cross Dnvo York Y032 9GZ
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH LEGAL AND ADMINISTRATIVE INFORMATION Invèstment advisor5 Cove Financial Planning Ltd Unit 4 Thé Old Armoury Back chUh Street Court Ilkley LS29 9DA Land agents StephÈnsons Rur81 LLP YDrkAucllon Centre Murton Road York Y019 5GF
ARCHBISHOP HOLGATE'S HosprrAL IN HEMSWORTH CONTENTS P#g• TnJ$te•s' fyp¢)rt In¢Jep8ndent audrtorfs rèport statement offinancial 8dMties Balan sheet Notes to the fin8ndal stot9mènts 10-21
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Th8 Trusiees present their nal report and fin8nc481 $talemEnt8 for the year ended 31 Decener 2025. The finanrial stalem8nl$ have been preparnd in accordance with the acLounting policies set out in Ihe notes. to the finanaal slatoments and comply with the Charity's goveming document, th8 Charities Act 2011, FRS 102 'T Financial Reporbng Standard appllcable in the UK and Republic of Ireland. and the Charrtie8 SORP "knounting and Reporting by Charrtle8', Statement of Rètt)mmended Praclice applicable to charitie5 preparing thelr aUnts i) ac£ordance with Ihg Finan0 Repong Slandard appIlble in the UK and Republkn of Ire18nd (FRS 1021" Obl8thes and actlvlllo$ have refwted to the guidan conts1ed in the Charily Cc¢nmlssion's genèral gu¢dance on putAic benefti when remewng (Ajr aims aNI otri8div8s and in planning our fubJrè actbvities. The thArity's prinripal aCtit are delailed bejow. Prfnclpal aetlvili08 Trusl prOe$ and mait)tains hOusg MmOdation in a compkn of 24 (ttages tr elderfy petson5 prVY liiring in an area of d•fild benefit. IAhen a &)ttage becomes vacant the Trust advertlSèS Wrthin the thurches of the walifykng wtshgs and in local libraiies. The tlUSt welcomes applutions trom all s8ctr.ons ofthe communty. Tho Trust op8r8t•s Ihe HgJg Award Schwne to offer ffina support to sludenls from hxal scools stsrling Ither edwation eLmè. Publ1¢ benefft Thè Trusl opens Its hisloric buildings. ¥m8n museum and gardens to publK access and provides supported iours to organised groups, school parilos an¢ Indjwduals. The aim beino lo enabk the tsJmmuThty to enjoy ¥niJ apprerAale Ihe history ol tho hospital and enpy thè extensive garden3. Achlevements and perfomiance Routine mainlen8nce work at the Almshoustss continued througtsjut 2025. EXtensTr repalts to Ihg root al Ihe Master's Lc#Jgè has been undertaken to ensuie the proFerty remains waterbght. The Trust88s agreed that Ihe high co$ts ol Hemsworth Farmhouse refurbishment to mako rt into an energy effic4ent property were unjustified and subsequentty agreed to sell the property. The property was pul onto open rn3Tket Novembor 2025., Ihe 8ale completed Marth 2028. The guwsl cot was underutilised and the Tru¥lees agreed that this collage would bg bTought b8(* 5nto use for charitable pvrposes. wilh a new ret taking residency in earfy 2026. The Trustees have aged to look at attemabv¥ spaces within the complex for guest ac4x)mmodalion use.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 The Education Foundalon made awards lo six local sludents of £5.(0 par annum for up to 3 ye8rs, lo h&lp with exper75es and liwrbg Costs whilst at Ltniverslty. The Education Foundation awaT(led 9ranls totalling £44,000 to local schools to help improve lM¢ulUM areas both In8ldè schods gnd in sthool gfound& Awards havè beèn follows: Award £9.833 £5.0 £8.052 £4.333 £6,782 £10,O)0 Cornmon Road I&N School South Kirkby Academy Ash Grove Prtmary School B?dsworth CQE J&1 Sth(K)I Sacred Heart Catts)tic Primary Sthool Chur¢hf&d Piimary Sd)ool Flnanclal revlew In8 In 2025 has dger•asèd by £34.930, dua to lower rotum5 Irom inve$trn8nts. Expenses de¢reased by £150.806 this y•8r, yirnarily bgL3U5e all major hospital repairs were completed in the poviovs year. R•s8rvvs Policy The ChariV$ polltry is to maintain these at a level whith equates to approimately twelve monlhg ol unrè$trict8d expenditure. This is ¢onsidered adequate to meet emergencies whieh may arSse from tirne lo time. As at 31 Decbmb8r 2025, lh8 chaFitls ntride resetves lo £647,807. Investment pollcy Thè Trustees CDntlnue to use the servK05 of iThIendgnI financial adv150rs, Trigpoinl Financial Planning Ilr&lin9 name ol Cove Finania81 P18nning Ltd). The inveslmènl portlollo Is curiènuy iMsted with LGT Woalth IAanagemenl. Additionally, a portlolio of cash deposit accounts. or money mathet inslrumonts. are hehj to rJ)ver short temi liquidty requirements, a$ an emergency fund. An invè8tmènt sub-committee the investment wformae on a regular basls. Trfgpoinl Flnancial Planning Teport io the s¥cOmmIllee and attend Trustee meetiNJs when reqUId to do sts. Following the year end, the Tfustotrs resolved to adcyt a tolal retum approach in r88pect of the carW$ permanent enclowment. Thts will allow investment incY*me and capitsl r¢lums to bo considered logelhgr whgn determining th amount lo be allocated fof expenditure. The Tiust885 have obiaingd appiopriat6 profes8lonal adwce in reaching thi5 de¢fsion and wfill eslabli5h a poli to ensvre that the long-term value of the endowment TS malnlained Whi supporting current tharilable activities. The ifflpact of thi5 chang8 will be refiected Trn fuiure firranc4al statements. Risk managèrnent A fevlew of the rnajor risks to vthlch the Charfty Ss exposed has been conducted. Systems have been established to mitigatè thesè risks and thèse procedures are perIodllY r&¥iowed.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Plan8 lorfu peviods A QuinqupnrNal Inspecli¢)n was vnclertaken in Decernber 2025. whic has identified ar&a$ of work to be undertaken o¥w the ttjming five years. A new ffit-fcffjyirposa call warden system was instslled ai theAknshou8es earfy 2026. The TnJste&s have agreed to offer the sam8 financlal awards as 2025 lor the Education Foundatiorn to distribute in 2026,. 8 maximum of six students be offered up lo £5.000 per annum for up to 3 Yea and a rnaxirnurn 01 £40,OC avaib for grants to be offered for k)cal school projec2s to help imp¥ov8 curriculum area5.The Edutsti(yn Foundation will have a further 110 discreb.onal iund lor disp05al should they fèèl fvrther funds a nec¢55ary. The Trusteès also agregd that 11 the maximum sludentg awards We not dtstributed, fvnds from the unused monles uld be transferred to school grants. Applications forApprenlK8ship Awards are welcomed thiougtKJut the year. SthKturo1 governante and manhgemènt Trust ded and objectives The Trust 15 opeTate(J under a Scheme for management and administr8tion of the chèrfty as appr by the Charty Commisslon 1fj November 2005. os amended by schème dated 1 November 2017. Archbishop Holgale Hospital was orvJinally founded by Robert Holgale ArchbishL)p of YO from 1544 to 1553. undèr the terms of a bequgst contained in hÈs 'WII". Fk dovisad $utistanlk?I holdings of lan¢J to endow è htsspilal al Hemswo]Ih in the o)unty of York. His'will" (x)ntaind 8pecific directions as to Ihe administration c¢the Mospilal and the persons erttitled to kn've there. Th8 princ¥)al objects of the ch8rity are- (al the promsion of hou¥)ng ac(xJmmodalion forthe benefKiaries Ibl such chaiitaLle wrpo8e5 for Ihg teneltts orthe slenCe Icl tD prornote the education of PenS undei the age of 25 who are in need nar1 as8islan 8nd are residenl in the atea of benefrt. Govgrnanc• The Charity is lmitiistsred by a Board of Twslees gJpN)rted by a rèrnurrated admlnistratNe asBi$t8nt. There ar8 presently twelve Trustees and 8H •drnbn58lrative WO Is based al our t)ffie8 in Hernswr¥th and fmm Ihe hcffies of Trusleeslcleik. Tru5t•ès who served durfn9 the year and up to the date of 5iynature ofthe financ4al statements were.. R C Haw(mft {ReswJned 3 March 20251 J Cooke (Retlred 2 IAaich 2026) J D M Skirrc A J Blaza D C The8ker RevR WHat RWHyd A Scholey J Davies D P S Mackenzfe DTJ Gre8VèS 14 Smith Pway T Maeer (Appointed 3 June 2025) (Appointed 2 June 2026)
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Trustees Recruilment and Trirtin9 New trust8 are clled as needs aTLSè in accordarKe wilh the scheme. Consideration is given io skills Trust88S have i.e. Solicilors, Fwners, Ac£othrtancy, Builder5, elc. Trust 1$ a member of th? Amshouse Assoualion Y+lTrth providès athce and 8UPPOrt. tt organise8 saminars whKh Trustees attend. An Trugt8És give theirlime and expenLg volunt8ft1y and r1Ve no remunerallt)n or other befIts. Tha Twstses follow guldance provlded by the Charsty Commisslon and M0SeAs8Ocl?tiOn. Statement of Trutstse8' re$ponslbllltl• Th& Trustees are rasponsiblg for prèparing the Trustees. Report and thè financial statement8 in actordance with applicable law and United K5ngdom Accounting Standards (United ngdoM Gefterally Apted A(Kounting Pra1¢8). The law applicable to Charltles In England and Wales require5 thè Trustees lo pr8pare financial statèmants for each finanrial year whth give a true and fair wew of Ihe stste ol affairs ol the Chartty and of the incoming resources and 8pplIcaOn of reSCJ$ of the Charity forthat year. In preparing these finandal statemenis, the Trustees are quIr8d lo.- - select suitable acLounting polics and then appty them consislently.. . observe 1he methods and principlès ¥) the Charitiès SORP,. make judgements and estimates that are reasonab and PFudent', state whethèr apph"cablè aecountlng standards have beèn follow, svbiect to any matorial dert$ dlsdosed and explained in the financial ststements.. and prepare the financi81 statements on the going Conrn basis unles3 it 18 inapproprpate to presume that the tharity will ClInue in (4)eralion. The Trnstoes are responsible for kaeping suthent awoufttlng reLYJrds that disclose wth reasonab acojracy at any timè the finanoal positton of the Chaiily and enable thtm to ensurg that the financl31 statemerts compty with the Charities Ad 2011. the Charty (Accounts and Reports) Regulations 2008 and the prowsions of the trust deed. They a also responsible for sal¢gu8rdin9 the assets of the Charity and hence lor tsking reasonable steps for the prevenlion and delection of fraud and other iagulare$. The Trustee port sapp d by Ihe Board of Trustees. D C Thèaker Trust00
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH Oplnlon Wo have audited the finanrial statements ofArchbishop Holgate's Hospital in Hemsworth Ilhè'Ch8rty'l foi the year ended 31 Dernber 2025 whlch comprise the statemonl of1tnancrdl activits, Ihe balance she8t and [te8 to the financial statements, induding significant accounb.ng polirtses. The financial reporting frarnewgrk that has boen applied in their prèparotion is applicable law and Unil&J Klngdom AeA¥)unting Standards. induding Fuiancial Rewrting SlarKlard 102 The Finan¢i81 Reptsng Slandanl applicable in th& UK and Republ of ltslond Iunited Kingdorn GeneraltyAccept¢d Accounting PiaclK}. In OUT opinion, the financial statements: gi a true and fair view of the slate of the ¢h8rKy's affairs as at 31 December 2025 and ol its incoming resources And appl¢catiDn Df resources, for the yoar Ihen ended- have been prop8rly prepared in acrda with Unrted lfjngdom Genèral A¢ceptd Ao¥)unling Pracb"¢', and have b89n prgpargd In ac(a)[dan wllh the CharfUesAct 2011. Ba•18 for oplnlon We Conducted our audit in aco)rdan¢e wllh Intemalbonal St8nd8rds on Auditing IUKI IISAS (UK)) and applicable law. Our pOnSIbIlItieS under Ih05È 5taniJards are further desc¥ibed in the Audilorfs r8sKxJnsitslilies for audit ol the financial slalem8nts section ol our report. We ar& indèrtdnt of th8 Charity in accoTdance with Ihe ethirAI quirernenls that are relevant lo our audit of the finanoal statements in thè UK. including Ihe FRC'5 Ethi1 Standard, and we havo fvlfilled our othèr ethical résponsibilities in acwdance wilh these requirements. We believe thal the audit 8vidanee we have obtained i8 sufficienl and appropriate to prDvide 3 ba$is for our opini. Concluslon8 r•lating to goino concem In audtting tho )Inancial 5t8tements, we have conduded that the Trustges, us8 of thé going concern basis 01 aceounting in thg preparation of the finan¢ial stalgment$ 1$ approprote. Based on thè work w? have performed, we have Th)t hlentlfied any matgtlal uncertalnlles relatlng to events or conditions th81, indivTdualty or colleclwety. may ca$t SIgnficant doubt on the Chartys ab41ity to continue a3 a gow)g nrErn for a period of at least Iw8lve tnthS frorn when the financial statements are aulhorlsed lor issue. Our responsibilibes and Iha rèsponsibliligs of Ihe Tru8tee5 Wlth respect to going cthicem aro descrfb8d In tha rèlevant sedions of this reF¥Jrt. Other Infomiatlon The other information MplIS$$ the information included in the annual report other thBn the fina1) statements and our auditofs report th8recffi. The Trustees are sponsible for other information contalned within the annual report. Our DpiniDD on Ihè financra5 stateTnents does not cover Ihe olher inforrns1iDn and we do not express any fomi of assurance ndUS1on thereon. Our responsibility is lo read the olher infoThation and, in doin9 so. considor whethgr Ihe othèr informatson Is materially inconsistent with the financial statements or OUT knowl&Sge obtained in the Course of the audit. or otherwise appears to be materially misslatéd. 11 wè identify such rnateI inconsisiènciès or appar¢nt material n)Isslaiemenls, we are required to determlne whether this gives Ilse lo a materAI misslalement In the finanrAal slatemenls Ihemselves. If. basad on the work we have performèd, we condud8 that there is matarial mls$l81omenl olthi8 Other Infomiatbn. we are fequired lo rewl that fact. Wo have nothing to N)rt in this Tegard. Mattors on whkh %Yo ar• r•qulr•d to Y•port by •x¢•pllon We have nDlhing to report rpspect ol thè lollollg matters in relatlon to whth thg Charfligs (Accounts and Reports) Regulations 2008 require5 US to report to you if, in our opinittn-. the information gbven in the finantAal statements is ineonsk%tent In any ffl*ert resped wfth the Trustees, report., or sufficient aCUnting tecords have not bg¥n kepL or tho financial stalemonts are not in agreerntnl with Ihg aG¢x)unting rewrd$: or we havp not re[¥¢d all the information and expl8n8lions we require Yoi our authi.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH Re9pongibililies of Trustr¢a As explained more fvlly in Iho statement of Trustees. responstsi Iltie$, the TNslBos are Tesponble IOT the preparatn of the financi8151atemenls and for being satisfied that IhÈy glvè a true and lair wew. and for su internal nI1 as the Trustees determine is necessary lo en8ble the preparation of financvdl statefflents that are free frorn material misslatemenl, whether due to fraud or èrror. In prepartng thè financial statemen1$, thè Trustees are responsible for as385sing the Chartys ability to contillue as a going ¢oncem, dlsdosing. as applicable. matters related to going concern and usin9 th8 going concern basis of ac(y)unting unless Ihe Trustees èither Sntend lo cease operèbons. or havè no aliStiC alternative but lo do 80. Auditofs r8sponslbllltlès th• audlt of th• knancial 6tatoments Wè have bèen appointed as auditor under seclion 144 of the Charibg$ AL# 2011 and report in acrA)rdance with the Act and relevant regulations rn8d8 or ha*Tng allacl Ihereunder. Our obie¢tives are to obtain reasonable assurartt about whothtrr Ihg I}n8181 statements as a whole are free from material rnisslatemenl, whether due to traud or error, and Io issue an auditols report Ihal indudes our opiniDn. Reasonable 8ssuran¢e is a hlgh level of 8ssurance but is not a guarantee that an aydtt conductgd in accordance wilh ISAS IUKI will ajways detect a rnalerial rnisstalement when it 8xists. Misstatomonts can arise from fraud or eiror and are Mn8¥dered malerial Jl, IndIdual OT In the a99regate. they could reasonably bp expBGt8d lo inffluence thg economlc decisions ol users taken on the basls of these financial stat8Trnts. Irregul8ritie$ induding fraud are instsnc¥s of noTrc0mpart? with I8 and wulatIc$. We de819n procedurès in line with our responsibilltles, outllned above, to detect rnaterial misStaternenl8 in thg ra6cl of wregularltbs. induding fraud. The extent to which our procedures are capable of detècting irrtgulariti•s ts detailed below.- We obtained an understanding of the legal and wuLgtory frarnewoths Ihat are applirAble to the chaty and detemiined thal the most $ignificant ar& those thal relate lo the reporbng framework IFRS 102 and Ch8wilies A¢i 2011). fx)nwnunlcated the identified laws and regutations throughout our tearn and remained alert lo any indicalKns of non-compliance Ihrou9hout the audit. As part of an audit In aCrdance with IS4s IUIQ, we oxercise profes5K)nal jud9emgnt and rnaint8in profassional scoptsM Ihroughoutthe audit. WÈ also (Arr follong Ihe audil procedures.. Held discus8K)ns with management. that induded o)nsldef8tK>n of known or suspected instances ol non- compliane& with laws 8nd regulations. Challenged assumptions and judgemet)ts made by magernt in its 5ignbficant aOun1(g estlm¥les that in¥ved making as$umpth)ns. Tested any transactions entered thai arg wtwde of thè normal cour58 oltho eharitys affaws. R8view•d rec8nt corresponden¢• with th• eompanls logal advisots to ensu that it alKJned wrth any c4ncluslons drawn In respect of any outstaNfiNJ of un¢wtsin legal rnattets. Evaluated the overall, PTes8ntsllon, structure arn1 content of the fln8ndal st8tèments, incjudlng Ihe di5elosurEs. and whethw the financial slaternents present the undertyir•J transactions and events in a rnannaf that achieves fair presentalion. However, the primary responsibilty for tho prevonllon and dataction of f¥aud SUII rasts wlth bolh thos& chargad with govèmance Oft entty 8nd management lewn. A fvrther d¢5CriPtion of our iesponsibililies is a¥ailable ori the Finanal Reporting Counal's website 81.. http8Jl www.frc.org.ukJauditorsresponsibllities. This descrlptlon fomis part ol our audito¢s r&port. Other mattern
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH INDEPENDENT AUDITOR'S REPORT (CONTINUED TO THE TRUSTEES OF ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH Your altentlon Is drèwn to Ihe fact that Ihe charity h¥s pièp8red ffin8naal statements in aCrdance wth'Accounting and Reporting by Charities.. Statement of Recommended Fra1 applicable lo charities praparing their accounts in aecoidance with the Finanoal Rèporiing Stsndard applicable in the UK and Republlc ol Ireland IFRS 1021. las amendtsdl in preference lo the Accounting and R¢portin9 by Charities.. Statement ol Recommended Pract issuèil l April 2005 which is r8ferred lo in the extant reguLqtions but has now been wthdrawn. This has been done in order lor the finanual statemants to providei a Iwe 8nd fair ¥i8w in accordance with uJThenl Generally Accepied Accountin914adice. U$• of our r•ptsrt This report ig made $oldy lo the chafity's members. as a body, in accordanc4 with sadon 144 ol the charle9 ALI 2011 8nd regula11ons made uThJer seCtn 154 of that Act. aur audit work 85 be8n undertaken so that we might State to thg chariws members those matters wea re required to stale to them in an auditorfs report no other purpose. To the fvlle51 nt perrnitted by law, we do not accepl or assume Tesponsibilty to anyone other than the charity and the tharil emb8is as a body. ILTrr our audit work, lor thi5 T•POrt. Dr for tho 0pon9 wa have formad. MrJWM Halgh IS r Ststuto Audftor) For afjd on behalf of Haigh Aco)untants Limited, StatutoryAuditc Chartered Accountants Grange Cottage Wornersley Doncaster South Yortshire DN6 9BW Date..
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH STATEMENT OF FINANCIAL ACTIVITIES FOR ThIE YEAR ENDED 31 DECEMBER 2025 Unre¥trictsd Endowmgnt funds fundB 2026 202S Total Unrg$trkfyd Endowinert funrf¥ fvnd¥ 2024 2024 Totsl 2025 2024 Notp* Incom• and endowmenta from: Donations and Jegaryes Investments other incrmne 12,520 454,940 12,$20 454,940 2,000 12,420 491.970 12.420 491,970 Total Income 469.460 469,460 $04.39) Expend1rn on: Raising lunds Charftable acbvities 47,IZ7 383,347 43,485 90.612 382,347 55.975 528,924 38.868 94,841 526.924 Totsl •xpendltur• 429,474 43,485 472,959 584.899 38,868 623.765 Net gainslllos5esl on investments 12 703.865 313,222 417,087 120.310 250,050 370,380 N•t Income and movement in funds 143,851 289.737 413.588 39,801 211,184 250.985 Roconclliation of fvnds: Fund bakgnces at l JanLtary 2025 1.868,292 22,744.528 24.612,820 1,828.491 22.533.344 24.361,835 Fund balances at 31 De¢embèr 202S 2.012.143 23,014,265 25,026,408 1,868,292 22.744,528 24.612.B20 The stat2ment of finarrial activities indudes all gains and I$S reeognised in the year. All irtomo gnd axpenditure derive from ronlinuing adNitie5.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH BALANCE SHEET AS AT31 DECEMBER 2025 2025 2024 Notes Flxed assets Tangibk assets Investment prop8ty Investments 14 15 11,289 19.230.130 5.170.020 4,107 19.181,754 4,835,422 24.411.439 24,021,283 Current assets Debtors Investmgnts Cash at bank and In hand 17 80,627 $05,310 124.180 83.223 483,871 99,508 710.117 6e6,6D2 Credltors: amounts lalllng duè t*lthln onè year 79 {95,148} (75,0651 Net current ass¢ts 814.989 591,537 Total assèts l•s¥ curmnt liabi11ti08 25,026,406 24,612,820 The fund¥ ofthè Charity Endowment fvnds Unrèstiicted funds 21 22 23,014.265 2,012,143 22.744,528 1.86e.292 25.026,408 24.612,820 The finwxial stalemenls were approved by Ihts Truste88 LM.. . . Sklrrow Trugtee D C Theaker Trstt
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DEGEMBER 2020 Accountiny polic% Chaiyty Informatlon Th8 tharity is a public benefrt enty and a registered tharty in England and Wales and 18 uninLX)fPDf8ted. The address of Ihe princip81 officg is Robin Lane. Hernsworth, West Yorkshire, WF9 4PP. 1.1 Basi5 of preporatlon The financkgl sialements have been prèpared in aC0)rdan wrth the Charivs govÈming docum8Trt, the Charities Act 2011, FRS 102 Yhe Finanoal Reporting Standard applicable in the UK and Ropublic of Irdand. and the Charitie5 SORP "Aw>urTrting and Reporting by Charib"es'. Statement of Recommended Practi( appIe lo charities prepariThJ Iheir aUnIS in accordance with the Financial Reporting Standaid applKable in the UK and Repubffic trf Ireland IFRS 1021" The Charty is a Public Benefft Entity a5 fined ty FRS 102. The Chaiity has taken athnta99 ol th8 prowslons in thg SORP for charitigs not to preparo 8 Statem8nt of ¢ash ftows. The financial statements ft8v8 departed Irom the Charitie¥ (Awunts #nd Reports) RegUlatS 21Th only to the extent required to provide a Itue and fair view. This departu has involved following the Statement of RerA]mmènded Practic£ for charities applying FRS 102 rather Ihan the version of the Statement of Recomrnended Pra¢ce which 15 rgferrgd lo in Ihe Regulations bul which has Sin been wilhdTawn. The fin?nryal statements are prgpare(l in s1¢ilin9. whith 15 the funBiiunal currency of the Charity. Mon&tary amounts in these finanaal slatements are round&d io the near88t £. The financial Statements have en prep8rÈd under the hisioriGal cosl convontron, modffmd lo include investment properties and certa) financjal instruments at fair value. The prinelp8l8ccntin9 polttes aowed are set out bèlow. la Golng cone•m At the ts.mè of approvino Ihe ffin8noal Stslements, the Trustees have a reasonable experX8iK)n that tho Ch•ity has adequate r&fources to continue in operational exi81ence IDr th& foreseeable future. Thus the Trustees conlinue to adopt thè going ¢onc4rn basi$ of accounting in pParing the financsal $talementS. 1.3 Ch8rftabl• funds Unre$lried funds are availablg for use at Ihe discrelion of the Iwu8tees to further any ot the chwiW5 putP066S. Designated funds are unrestricted fu18 earmarked by the trustses for a parti¢ukr fuluro PK49¢t eommitmenl. Rèslricted funds are suty'edèd to rèstrictions on their expenditure dedared by the donor or throwh tems of an appegl, and lall Into ona of sutraSses. restrlcted funds or endowment fundg. 1A Income Rental income kq acwunled IOT on a refvable basis by Ihe charity. Other investment Inrne is 8c£ounled for when received. 10-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Accountlng poli¢ig9 (Continued) 1.5 Expenditur• Expendilure is racognised when a lialIty Is In¢wrr8d. Investrnenl managemgnt costs ctsnsist of land agent prolessional fees and Investment portfolio man8ment jts. The latter beM)g chargÈd to the Panllanenl En¢Jowmenl. CharitaNe actiwtiès indude expenthture as5ariate(I with Ihe day to day opemtiDn of tho Hospital ancl th8 maintenance of the charitable a$s¢t8. Support M8t¥ include those Inojrred In the governance of the charSty and Its as$ets gnd are prirnarily 8ss(ioaled %Mth constltullonal and statutory reqU1Ments. lth Tanglble flx•d Tangible fixed asset5 818 initially measurèd at 9t and subsequentty me8sured 81 (a)st or valualion. nel depreciati and any impaiant kJss8s. Depr8eialK•n is recognised so as to wrfle off the ¢osl or valuation of asseis18ss Ih81T $Ial valuas ovgl their seful lives on the follthykng bases: Land and buildings Equipment 10% straight line 20% straight line The gain or loss afisiro on the disposal of an as1 15 d8tÈwmingd as the difference bets¥e8n Ihe sal8 proceeds d the Carrng value of the asset, and is re¢gnised in the slatement of finanaal aCvitIes. 1.7 In¥ent pr(4)erty Investment property is initlally iecorded at cost. whith indud8s purthase and any diredly atlributable eKpenditurÈ. Inv&stment pmpefty is rèvaluèd to its tsir value al each reporting dalè and any change8 In lalr Vdlue are rec(MJnised in incorne or expenditure. 1A Fixed ass•t Inyestmants Unlisted equity investrnents are initialty recorJed al cost, and subsequenlly measured at fair value. If fair value annot be reliably moasucad. a$$et$ ore measured al ¢o$l1g5$ impaimienl. Listed investments are measured al lr wilh chang0$ fair value belng rgcognlsgd In in(>2m$ or eXpenth"lU. 1.9 Impairnient of fixed aB¥ets Al ¢8th reportng end date. the Charity reviews the carryng amounts tsl ts tsngible assets lo determinè whethfrr thore is any nidicaloll that thos8 a¥5ats hava suffered an impairment 10s5. If any such Indation exTrsts, the recoverable amount of the assel is eslimated in order to determine the extent of the Impairrnent loss Irf anyl- 1.10 Cash and C*Bh equlvalents Cash and tAsh equivalents include cash in hand. deposits hèld at e211 wrfh banks. olher shtsrt-lèrm liquiij investm&nis with lginal maturities of fvee rnonths or less, and bank overdrafts. Cash at bank and in haThl re5 lo highly IV4U ¥s$ets with Instant a¢$$.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2025 Accountlng PDlieteg (Continued) 1.11 Flnanelal instrurnents Fin#nci21 inslruments arg classthed and accounted for 8w)rding to the substance ol the contractual arrangemenl, as either financial assets, finanual liabilities, or equity in5twrnents. An equity N)strument is any rx)rrtrad that adenCeS a residual Interest in assets rf the ccfflpany after dedudin9 all of ils liabilities. 1.12 R•tirpm•nt b•ner Contributions lo defined contribution plans are recognlsed as 8n oxpense in th& parlod whith the r8lat8d 58tWC8 is provided. 1.13 Dfjbts and pr•paym•nt8 Debtors in re$peci ol rents TeceNable in arrears 8rè recognised accor(ling to the portion of the poriod outstanding. Prepayments 8ie valued at the amount prepaid over Ihe fvll perlod. 1.14 Current Inve$tments Current investments relatè to bank 8C(y)unt deposits helrj in temi accounts within a cash investrnent plafform. 1.IS Credltors and a¢¢vual* Accruals are Teaigni5•d when the charity has 8 present obligation resulting from a past event that wil ptobably r&sull Én the transfer of fijnds to a third party and the amount due can bo mèasured reliabty. Critlcal a¢countlno egtitnatès and ludg•nKnts In the applir£tion of Ihe Charity's accountin9 polldes, the Trustee8 arg reqtslted to rrrako yjdgamtg, Estimates and assumplions about th$ rryIng amounl of a558ts and liabilities thal arè not readily appareni from olher sourees. The estimates and 8$sotsaied assumption8 are based on h19tori1 expÈrign¢• and olher faciors Ihal are ¢on8ldored to be relevant. Aclual results may differ from thèsè estimat8S. The eslimote$ and underfying as5ump110115 Hre reviewed on an ongolng basis. Remsions lo (xjntsng ests'mates are re¢ogni$ed in the period in whrch tho estimate Is revised wh the rèwsion affects that peTiod. or in the period of the rewsion and luture perio(J3 where thè revin affects both ujrrent and filt¢ pert)ds. Inconw from donatlonB and l•ga¢l•s Unrp#tri¢tod Unregtricted funds 202S 2024 Maintenance Contribu.08 Guest accornodation 12,S20 12.220 200 12.520 12,420 t2.
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FQR THE YEAR ENDED 31 DECEMBER 2025 Income from invutm?nts Unrestricted un1cted funds nd8 2025 2024 InGomB from investment propertie8 Income trom listed InSIM@S Wayleave6 Bank tles1 re¢eivÈble 311.620 119,569 1,333 22,418 286,048 177,875 2.611 25,436 454,940 491,970 Other income Unrestrict•d UnMstrl¢t•d fund8 funds 2025 2024 Nel gain on disposal of t?ngible fLxed assets 2,000 Inve•tmtnt manag¢mtnt C08ts Un¥•strietéd Ehdowment funds funds 2025 21>25 Total Unrestrictèd Endowment funds funds 2024 2024 Total 2025 2024 Investment property olessional costs Investm8nl managgrnent costs Property repaiTS and maintenance charges 21.685 21,685 29.060 29.C60 11.330 43,485 54,815 9,474 38,866 48,340 14.112 14,112 17,441 17.441 47.127 43,485 90,612 55,975 38,866 94,841 13-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Expendituro on eharltablè activiti•¥ Operation of Educatlon the Hospitalfund award? 2025 2026 Total Operntlon of Education the Ho¥pbtsl fvnd 8ward$ 20Z4 2024 Total 2025 2024 Dire¢t ¢0gts Staff costs D•piecpation and ina1[Ment Fiates & w*er Light & h8at Repairs & maintenance Insurance Sundries Legal an¢ wolossional lees Telephone pps subser1ptks Education accx)vnl Quarterty distribulion Education fund awards 44,594 44,594 41,148 41,148 1,586 17.806 39,788 63,147 26.430 5.181 1.566 17,8C 39.768 63,147 26.430 5.181 1,197 11,964 44,e76 211,fJe 33,927 1.197 11,964 44,676 211.066 33.927 7.084 1.733 3,551 699 1,037 260 880 1,733 3,551 4,297 4.297 839 692 839 692 1,037 260 880 104,000 90 900 99,437 104,0(X) 99,437 208,672 104,000 310.672 361.110 99,437 460.547 Sharn of$upport and governance costs1s09 notg 81 Support 63,190 Governance 8,485 63.1 8.485 58,983 9.414 58.963 9,414 278.M7 104,0 382.347 429,487 99.437 528,924 Analy•i8 by fund Unr8Strided lunds 278.347 104.OLK) 382,347 429,487 99.437 528,924 All support and governan costs rel8t8 (fir8¢tly to the opwation of the hospltal. and therefore no appotbonmenl bèiwÈen activitiés is rèquirad. 14-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Support ¢o$ts allocal•d to actiylties 202S 2024 Staff wsts Legal and professional fees Bank charges Websrte development Govemance c08ts 39,744 21.121 36.708 12,5 120 9.8( 9,414 2,272 8,485 71,675 68.377 Analyz?d botsoen: Operation of Ihe Hospital 71.675 68,377 Le9al and profe55ional fees indude acthuntancy sorvices provided by the auditor in a¢Mitw)n lo 31atulory audlt. Ngt movgmgnt In funda 2026 2024 The nel movement in funds is stated after chargin(CreditIn9). Fees payable to Ihe charty's auditor.. . for the audit of the charity's financial stalements - for oltrer finanrial servir£s Deprech?lion ol owned tangible fixed a55et5 Profit on disposal of tangible fixed assets 8.485 9,414 1.197 12,0001 10 Tru8tses None of the Tiustees (or any persons LxJnneGted with Ihern) recwved any remuneration or b8nefits frL¥n the Ch8rily during the ye8r. 11 Employee8 The avgrage rnthty wmber of employees during the y8aT was.. 2025 Number 2024 Number Number of adminislrative staff Numberof thatttable a¢tiviti98 stsff Total 15-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 11 Employ> (Continued> Enwoymont costs 2025 2024 ges and salaries SoLial ¥ècurty cosls other PEnsion costs 81,656 1.209 1.473 75,854 1.321 77,856 Ther¢ We no èmployees whose annual remuneration wa$ more than £60,000. 12 Gain5 and losses on imie¥tmortts Unrestrfeted Endowment funds fundB 2026 2025 T¢)lal Unrgstiict•d Endownwnt funds fund$ 2024 2024 Total 2025 2024 Gainslllosse81 artslng on.. FaiT value movem•nt on investmonts Gainslllossesl on disposal of investments 119,879 355,407 475.086 146.421 212,520 358.941 115,814) (42,1851 157,9991 126,111) 37,530 11,419 103,865 313,222 417,087 120,310 250.050 370,360 13 Taxallon The charlty Is exempt from taxation on its 8etlvlties bgcau5e aN its income is applied For ch*tye pUe8. 16-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 14 Tangible fixed assets L•nd •nd IhllngB Equlpm8nt Tothi C05t At 1 January 2025 Additions Disp05als 357,se6 98,294 8,768 136,7881 455.860 8.768 136.7881 At 31 December 2025 357.568 70.274 427.840 Depreciatlon and Impalmnt Al 1 January 2025 Dapation tharged in the year Eliminated In rèspect of disposals 357,568 94,187 1,586 136,7881 451,753 1,580 136.7881 Al 31 Llecember 2025 357,566 58,985 418.551 Carrylng amount At 31 December 2025 11,289 11289 At 31 Deeember 2024 4,107 4.107 The Freehold Pruperty above rel8tes lo the Comrnunty Centre which is a building within the Holgate Hospitsl grounds. Thè Tnjsl alsts holds Freehd Land and Property relaling to the Holgale HDspital comprk8ing 24 Alm5housgs, Chapel. Masleffs House and Porters Lo(J9e withln 13 acres of mature grounds. No value is plad on thi5 Freehold Land 8nd Propetty as 11 Ès (x)nskl8r8d to inalienable, due to it5 hi5torfc Vahtè and the fact that the Trust is prohibited from disposlng ol it. It 15 ther8lore imp05sibl8 to place a Fnarket vahje on this prop8rty howevor the insurets report undertaken in 2022 has 881imated the r•inslatement cost to be £10.8 mtllion. 15 InYelment property 2025 Falr value At 1 January 2025 Additsons through external aul$[trOn 19,181.754 48,376 At 31 December 2025 19,230,130 Investment properties were valued by RL Cordingley Bsc FRICS FAAV at 310eeember 2022. The Tmsteès. who have èxperience in Ihe k)cation and Gategory of the investment property being valued, conslder Ihe value of the propeibes as at 31 De[ber 2025 has not materially changed. Property purchas after 31 December 2022 is induded at fKJSt. 17-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS {coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2025 16 FIX asset Inve•tm•nts Li*t8d In¥tments Cash In portfollo Totsl Cost or valuation Al 1 January 2025 Additions Valuation chang08 Disposals 4.803,005 861,604 475.086 11,116.$821 32,417 114.490 4,835,422 976,094 475,086 11,116,582) M 31 Deibr 2025 5,023,113 146,907 5,170,020 CaTryitsg amount Al 31 Drnber 2025 5,023,113 146.907 5.170,020 At 310ecembér2024 4,803.005 32,417 4,835,422 LisiÈd Investmènts are shown al market valuation. 17 DgbtOTS 2025 2024 Amounts falling duè wlthln one year: Rènts receivable in arrears Piepayments and accrued iru)mp 52.191 28,436 63.354 19,869 80,627 83,223 18 Current invo8tmÈftts 2026 2024 Short-tern) dep08ft8 505.310 483,877 19 Crnditors.. amounts fallln9 due wlthin on• yoar 2026 2024 Sooal security and other laxpx Rents paid In advan Education fvnd award comm(Lmènls Aeeruals 343 343 912 39,600 34,210 42,0 s1.5 95,148 75,(65 18-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 20 RetiRm•nt bongfit h•m•B 202S 2024 Dgfirnd contrlbution 8chomg1 Charge to Profit or loss in r•spgd 0fered contiibub.on $¢hwnes 1.473 1,321 Thp Charity operates a deflnod contribulion pension sceme for aN qualifying employees. Thè assèts of thè 8cheme are hèld separately from those of Ihe Charity in an independenlly administered fund. 21 Endowm•ntfvnd$ Endowment fvnd6 represent assets whl¢h must be held pemiangntly by the Charity. Incoffle arising on the endowrnent lunds can be used in accordance with the objects of the Charity and is inclurjed as unrest+icted income. Any capital gains or loss85 arising on th8 form part ol the fund. At 1 January 2025 Rosourcg¥ èxpendèd Gains and 108¥gs At31 D¢ettmbbr 2025 Pemianent endowm8nts 22.744.S28 143.4851 313,222 23,014.265 Prnvlou# al. At 1 Janvary 2024 Rèsourees expended Galns and losse At31 DMber 2024 Pemmnent endowm)ents 22,533.344 138.8661 250,050 22,744,528 22 Unrestrictsd fund• Thg unf8Strfcted funds olth8 ch8rily comprfsè the unexpended balances of don8tlon$ and grants whth are nol subject to speeific tA)nditions by donors and grantors as to trK)Wthey may be used. These indude dgsignat•d fund$ whlch havo been set asid& out ol unreslriLd fvn(ts by ¢h8 Iruslees lor speci purp95fjS. At l January 2025 In¢oming rèsourcès Re$ourc•s expended Transfv Galn8 and losses At31 December 2025 Em8r9ency Repairlund G&neral fvnds 1.267.534 600,758 17,063} 7,¢J83 103,a85 1,364.336 647.8Q7 469.460 1429.4741 1.668.292 469.460 1429.474) 103.865 2,012,143 -19-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 Unrestricted fund• l¢onlinu•dl Pr¥vloug ye•r. At l January 2024 Incoming R•sourct¥ resourc•B 9Xnded Trnnsfern Galns and At31 los December 2024 Emgrg8ncy Repair fund General fvnd8 1,106,762 721.729 120,310 1.267.534 8CKJ,758 504.390 1584.8991 14Q.4621 1,828,491 504.390 {584,8991 120.310 1.868.292 The eMe[g&n repair nd wa¥ e$tsblisbed lo provlle for major r&p8lrs to thè propertiès hald. It IB cuThently held with LGT Wealth Management in an incrne strategy portr00. 23 An8ly81s of net a880ts between fund¥ Unmtri¢t•d Endovmignt funds funds 2025 2025 Total 2025 At 31 D0cemb0T 2026: Tangib assats Investment propert Investments Current as5et511liabilitse$l 11.289 11,289 f9,230,130 5,110.020 614.9 19.230.130 3.794,245 110,1101 1,375.775 625.079 2,012,143 23.014,265 25,026.4C Unrestrlcted Endovmient funds 2024 Tolal 2014 2024 At 31 Decembor2024: Tangible assets Investment properties Investments Current assetslOi8bllrtièsl 4.107 4,107 19,181,7S4 4,835,422 591,537 19,181,754 3,567.888 (5.1141 1,267.534 596,651 1,868,292 22,744,528 24,612.820 24 Flnan¢l•l ¢ommltm•ntsi guarantso• and contlngènt Ilabllttlas The Charity ha5 offered awards of £5.000 per annurn for up to threg years to local students to niversity liwng and study costs. The &nuatIon of each award is contingent uport tho sdÈnt meètino annual enrohnent and eligibility conditK)ns. Thesè ndit)n$ arè Outd& the Charty's control and may not be met. therelore the total potential future Commitment of up to £85.OCQ has not been reu)gnised as an objigats.on at the year end, but represents a conts"ngent liability. -20-
ARCHBISHOP HOLGATE'S HOSPITAL IN HEMSWORTH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025 25 Evenl¥ atsrthe rgporting dalg Sub3equent to the year end, the Trustees resolved to athjpt a toial rebjrn approac* to the manaoement of the charity's pemanent endDwrnenl. Under thi$ approach, investrnent corne and ¢apltal gains wll be treated as a singfe po of retwn, with arnounts allcthd artnual to incom8 in acrrjrdance witti thg Trust8•s' poly. The arjoption of Ihis approach reprèsents a changè in a¢countiw Wity whl¢h will be refiected in the ffi¢78nc¥81 statements lor the year ?[1ng 31sl Decnber 202B. 26 Relatsd transactio There were no disctosable lated party transa&K)ns dUrg the yeaT. In Ihe prior year, the ch8rity hired a lawn mower from a Twstaa for £611 while the chaItt5 eouiprngnl wa5 vnd8rgoh9 repair. The Trustees arè salsfred Ihat Ihe ir8n$8¢tion was in the best interests of the charity and that appropriale safeguards were in place lo en5uie Iiansparonw and laimgss. 21