PONTEFRAcfand ACKWORTH ALMSHOUSE CHARITY REG NO 223334
COMMENTS ON THE ACCOUNTS FOR THE YEAR ENDED 31" DECEMBER 2022
The Year 2022 has proved a very difficult one but a very rewarding one for the residents
with the extra Social events arranged by Andrea, especially the Jubilee ￿lebrationS marking
the Queen's 70 years as Monareh. The Year was also special forthe extensive renovations of
the Robson'sAlrn5houses which entailed extra care in choice of materials etc forthe5e units
within the Castle conservation area. Although addin8 518nifiEantly to the costs, the 4 units
have benefited greatlyfrom the work done and should remainfreefroffl further major work
In the future.
ALMSHOUSES
INCOME
Although there have been some vècancies during the yearfollowingthe Deaths of Mrs
Pe3fmèn and Mrs Chaprnan and the move5 of Bill Reeve into Care and Brian Riddiough
moving to live near his Daughter dDwn South for health reasons, the increased maintenance
chawes on new residents has helped in Increasing the annual income from £37.562 to
£40,084 an increase of 6.7% but down on the Budget of £44k which did not anticipate the
delays in finding new residents, and 3, Robsons will be v8¢ant fora few weeks yet following
Brian Riddiough's move and the significant Cleansing and decoratirE needed in the
meantime.
PROPERTIES
Rents have decreased sli8htly to £10481 frorn £11386 in 20213 drop OF£905, £108 of thi5
was remedial work on 34 Mgate for EICR done by National Safety Inspections Ltd. The
remaining £797 will be forthe timing of paymentsfrom WMDCfor Housin8 beneflts
totalling £716 aprox paid 4 Weekly.
LAND RENTS
Have now ¢eased following sale to Carters in late 2021.
INVESTMENTS
Dividends on oui Inrome Bearing investments with CCLA increased to £32,957.80 frDrn
£31023.13 an increase of £1934.67 i.e. 6.23 % and Deposit interest frorn COIF increased to
É186.67 from £1.61 in 202L. The increases in both are down to the fact that we have
invested the bulk of profits from the sale of land to Copleys, and Carters In 2021 ènd 2022
into The Building Fund which 15 Sncome bearing.
EXPENDITURE
To raise funds to cover the extensive c05t of Robsons we 501d units in the ER Fund Inon
income unitsl to raise £175,ofMI in 2022 1£170k,inc VAT for Robson5 sfre details attachedl
and a150 help cover the other renew315, irnprovements expenses detalled on the Repairs
Sheet Inew kitchens, new boiler, new showers etc and decoration costsl.
On the Repairs sheet you will see details of the sevÉral social events lincl. Xrnas Lunch I the
ag￿ed paytnent £833.10] for accoTnmodating lan Westwo¢d in King's Croft whilst I,
Rob50n5 Was out of actionl and £646 payments for Ase Uk and £60 5COOter Service for lan

OTHER EXPENDITURE
The main items are the increases In the payments to Honorarium5 agreed at the beginning
of the yearand the inve5trnent of £55,000 in CCLA Buildin8 Fund. mainly the net sale
receipts of the Carter Land1£39,0001 plus the excess of Income in 2021.
OVERALL
We see an exce55 of Expendlture of some £56.830, butthis include5 the investment of
£55,000 earlier in the year in the 8uildin8 Fund, akhough the main irnpact on fi￿n¢la1
sitU8ti¢n has been the Robson's renovations with the cost of £170k coming from sale of
£175k of units in the CCLA ER Fijnd. This means that our overall investments in CCLA
accounts have reduced by £332.549 from the 2021 £2,017,802 to the present £1.685,252
116.4%] the bulk of the fall, of course. is in the ER Fund1£462.437 dtrv4n to £253,327].
Despite the injection of £55,DDO into the Buildin8 Fund In early 2022 the end of yearv31ue of
that fund increased by a very nominal £895 from £416.517 to £417.412. On the brightef
side the 8uildin8 Fund now ￿preSeTrts roughly 25% of the total portfolio as against 20.6% in
2021 and the dividends from It should at least maintain its 2022 performance. The proEress
of the ER Fund wlll be slower and it will take rnanyyeaTS of our committed £3￿0P.
irive5trnent there to get it anywhere bridging the gap between its 2021figure of £462.437
and present £253,327. A5 we are on the look-out for land to build on, it 15 Vltal that we
Concentrate on topping up the Building Fund to provide Capital and because of it)¢rease in
dividends to help cash flow. With the high standards of the Property Portfolio wo would
hope not to be faced with another renovation project on the same maRnitude as Rob50n'sll
Lookin8 back cn 2022 a lot of hard work has been put in by TrustÈÈs undÈr the leadership of
Andrea and John with the highlights being thevast improvements at Robsons and, on the
Socia5 side, the festivities In the marquee. on the lawn at Ryder Close to ￿lEbrate the
Queen'sJubilee.
Ron Firth Hon. Tr2a5urer.
I" Feb 2023.

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RENOVATIONS AT ROBSONS IINCL VAT]
ALTOR CONSTRUCTIONS
PORTAL PLAN5
LHLGROUP
GROLIT INSURANCE RE W.I.P.
TOTAL
163.800.22
490.1)0
5.580.00
141.12
170,011.34

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I report ontheAccounts ofihe Pontefractand Ackworth Almsho￿ O*ritie5forthe yearended 31
December 2022 wh￿h are set out on the attad￿d pa¥e5.
ctwe re5
n￿￿$1((1
te
and Examlner
A5the ChariV5tru5tees you are responsible fwthe prepar*ion of the Accounts." and you wnsiderthat
the audit requSremert of Sèrt¥on 43121 ofthe Charit￿SACt 1993 Ithe Artl does rts)t apply.
It ts my reSpo￿bIlitYto $￿E, Dnthe ba515 tif procedures speofied i•theGenerdl tlirertion5 bythe
Charity Commwioners underSettfjon43lbl oftheAci. whetheTparhcularmatters have cometo rnv
attention.
Basis of Inde
ndent Examinerf5 Re
ort
Myexaminatboo ¥*as tarried out in accordan￿ with the Genernl ThrectS0¢)swven bythe Charitv
Commissioners.
An examination irKludes a reviewofthe accounting r￿ordS kept bythetharfty and a comparfsonofthe
Accounts presented With those records. Italso includes consideration of any unusual iterns ordi5closure5
in tht Attount5and seekiryexptanationsfrom you asTrustee5concerning any such matters.
The protrdurek undertakendo rM)t pro¥ide¥ll the evidence thatwtTruld be reqUI￿d in an audTt and
consequentty I do not express an auditopinion on the viewyven bytheAccounts.
endent ExamlneVsStatÈment
In conneaion with myexamination, no matterhHscometo myattenfjott"..
whlch gwes reasonable tause to bplieve thattn any material re$k￿the requirements
to keep accoujknng records in accordan￿ wth 5ertK)tt41 ofthe Att.. and
to prepare accourkts which accord wjth the accounting records andto comply wth acCoun￿nE
requiTement of theAct
have not Lren rf or
to which. in myop1Trit￿. attention shoukl be drawn In orderto e￿a￿e a proper understandSnÉ of
the Accountsto be reached.
J & D ACCountar￿V5e￿￿eS
11 NorthleiÈh
East HardwKk
Portefract
Westyorkshlre
WF8 3DR
.Date'. Fe
uary 2023