mailes Goldie
CHARTERED ACCOUNTANTS
REGISTERED CHARrrY MUMBER:223669
Holderness House
Trustees. Report and Financlal Statements
30 Aprll 2024
st>0217227-1
CHARTepED
ACCOUFITANTS

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Contents of the Flnanclal Statements
for tho ended 30th Aprll 2024
Pag•
Trn8t•••' R•port
1 to 4
R•port of th• Ind•p￿d•fit Awjltorn
5 to 7
St4tgm•nt ol FIMnel•l A¢llvlti
8•l•nc• 8h••t
Ca•h Flow Stat•m•nt
10
Not•• to th• C••h Flow St*•m•nt
11
Mot•• to th• Flmnclal 8tat•m•nl•
12 to 19

Holderness House
The Charity of Thomas Roblnson Ferens
for a Home of Rest
Trusteès. Report
for thè y￿1 •nd•d 30th Aprll 2024
Th8lrustees y8s8ntth8ir rekxyt with th8fln8nci81 stslemants of th8 charfty forthe yearended 30th April 2024.
The IrusleBs have adopted the provisions of Accounting and Reporting by Chaiitle8". Stat8menl of
Recommond8d Practica applicable lo charit￿S preparing their accKJunls in aC￿(darth with the Financlal
ReF￿1n9 Standard aptAkable in ts UK and Republic of I￿land IFRS 1021 leffedive 1 J8nuary 20191.
OBJECTIVES AND ACTMTIES
Objectives and aims
Th6 obl8cUve h88 b6en the conllnued c8re 8nd weff8re of the rogklents. lo provlde them ￿th a Bofe. s￿lab)e
and fr￿ndly envlronment In order lo give them the best P08SitAe Ilfe in thèir latter yeats.
Strat•gb•B to achl•v• th• y•arf• obl•ctlv
Th8so knclud8 the conOnugd c1080 Involv8ment of th8 tW818e8 and th8 ex￿11¥? monagomont team. Th8
trustees, in addition lo attending regular me8tings, make random monthty visits to Thbjnitor the perfomiance
staff. tho moinlenance of the buildirvJs. grouThJ5 and oquipmenl. and to ensuvo that Ihe overnll W￿1b￿All of th
rè8ldenl8 Is boing m81nlaln8d 81 th8 hlghost posslNe 8taNJ8rd8.
ACHIEVEMEKf AND PERFORMANCE
Charltabl8 actlvltles lor tINb publlc bgn•fft
Th8 prinapal charilabl8 actlvlty in th8 year (emaln8d the provI￿on of care and 8ccommod811on for resld8nts.
Thg tharlty fullblled Ils objectlvas and C4Triad out rt$ alms for the wblk benefft by provldlng aceommoJatk>n
And Care fw ladles of reduce(i clrcum818nc08. The average numter of resld&nl8 durlng th& y88f was
25 {2023.'30}.
FINANCIAL REVIEW
Prfnclpal fundlng lour￿•
The amount of Income recelvod from fvndraL81ng and donatth6 Is Insbnificant. Rollar￿ 18 placed on
?￿rtbutIOnS from ra$hd8nts and in￿&1M￿nt Inwmg.
Inv••lm•nt poll¢y and p•r1orn￿￿c•
Ther8 aro no r86trictbn8 on the CharltY8 power lo Invest. The Inv88trnent stratsgy18 8at by the trl￿te06 and
18 r8vl8wed by them annuAIty. Thè In￿￿88 con81der th8 Sncoma requlremenls, lh8 rfsk proli18 and Ihe
Stoc￿brOkeTr of the m8rket prospects In th8 medlum temi. In the ye8T the trustees conllnued wlth Ihalr
Inve8lmenl pjllcy for r￿d1￿M coplal apFYeolaUon and m9dlum Incomg.
The charftya Investment fund totsb £4,151.75112023: £4,222.8421 whlch tslude8 amount held Sn cash by tha
investment Man8￿r$ of £92.13412023: £283,618) at the ballr￿ sh•et dats. Inv•slmant incomè In the year
tolall8d £108,95312023.. £88.8251.
R•Mr¥•# pollcy
It is the truslo09' op1n1￿ Ihal amounts Inv681ad 8houhJ b8 maintained in ¢xdor to pmmdo invo8lmènl incomo
In futur8 years. Th8 tn￿108￿ Ih8r8foT8 r8g8rd the n8t curr8nl 88sets to be th8 free r888rves whlch ar8 av85labl8
for the day to day runnlng of th8 Hom6 of Re8t.1118 the objectlve ofthe truste88 lo m85nl8in the freo re88NeS
of th9 Chafily at a lavgl whth equale$ to approximat8ty Ihw months oxp9ndrturg. The Irust80s penodlcally
miew luiure expendituia 8081nsl the level ol net current assets and draw down frcrfn or add lo th8 investment
rtfollo, as necess8ry. to Bthigve the laryeleil18vel olfree re8erve8. Al 30 Aprtl 2024 th8 free re88rve8 were
£nil 12023: £144,662) aThJ the trustees are conlinuing to monitor the position. Total funds caryied forward
totsll8d £5.370.203 {2023: £5.430.2601 S￿li b8tween unr08tricted fund8 of £5,352.58312023'. £5.412,64018nd
endowmènt funds of £1T.620 {2023.. £17,620).
Golng ¢On￿rn
The Iruslees, havlno con8kl8red •vallabl& 5nfomiAtion. havg 8 rgown*A8 gxpedaNon thot ￿ ¢*ortty has
ailequale r8sour¢8s lo ¢￿tInue in operaliori81 ex￿lence f(K 3 wiod of 12 [￿rth8 from the d8te of approval
of these financial Statements and therefore have prepared the ffinanci￿ statements on 8 going ￿lCoM bA￿S.
Pagg 1

Holdemess House
The Charity of Thomas Roblnson Ferens
for a Home of Rest
Trustees. Report
for th? year ended 30th Aprfl 2024
STRUCTURE. GOVERNANCE AND MANAGEMEMT
Govemlng docum•nt
The charity V4 ¢￿trOllO￿ by its governing Ihxum8n( a dogd of trust and ¢￿$t[tUteS an unincwrated charlty.
Thls w88 cra8ted uTrJgr chgu$e 8 of the Will of the btg Rl. Hon. T R Ferens In whlch the thvelling house.
gar(lens and pad¢Jock known as Hddemess House were settW upon INst in perpotuty 8$ a Home of Rest
{the 'Permanent En(￿￿Ment'). The main *acy was under clause 10(il of the Will. which provided a fund for
the malnl&n8n¢x, r8palr and upkegp of th8 th￿IlIng hou88, bulkllngs, g8rd8n8 and grounds Ihareof an(J other
attTlbutabl8 exp8ndilure lthe 'Unre8tricled Fund'l to which have bean add8d profits on 8a1@ of Inv8slm8nts.
income is to b8 used for th8 general purposes of tho Charity. essenlialty fKovish)n of accommodation for
g9n119wornen In rwjuwl oircum8tan¢e¥. Thg trust898 of Ihg Ghartty Wgrg In￿rpOratod as body under Ihe
Charhi88 Act 1993 cfi 2nd February 1994.
Rocrultrn•nt and •ppolntmerrt of now trust•
N8w Irusl8eB are appointed by Snvllaith of th6 exlstlng truBlee8. There Is ￿ lom￿1 pollcy for the Inlroducuon
and Ir81nlng of Iwstee8, but dI8￿kin8 are held wlth potenti81 tru8t088 to Infom) them of Ihelr duties 8nd
r88pon8ibllhl88.
Organl•atSonal •tructur•
The Ch8rfly 1$ under the o)ntrol of the Iru8tee8 who meet a mlnlmum of every three months lo d18CU88 the
gtrdtegy, policies. fin8ncial mattsrs and g8llBral wnnlng of th8 Charity. The day to day runniThJ of the Hom& c
R•st 1$ dol&J8180 lo a wofa88icnal m8nag8mgnl team.
Undw on ordgr dalod 1st Fobruary 1996 th9 tru8199s h9ve Ihg powor lo appolnt on inv0￿M￿nt mgnoggr ond
to delegate lo him diK¥etionary powerin relatlon lo th& manag8menl of the Chaiity's investments. By Ihe sam
ordar th8 Iruste8B have the power to appolnl a corporate body as a truste8s' nomlnee lo hold th8 InvèBlrn8nls
of the Charlty. Th& tW8teo8 havo aFvC4nt￿j Rathbon06 Inve8tmenl Management Limlted to hc4d Ihe
InveslThnls of the Charity as th￿r r￿nIn8&s.
K•y m#nagom•nt r•mun•r•tlon
Th8 IIu81888 conslder the t08rd of tWgt898, CEO, derf( lo the tW81e88 and m8lron 88 comprf8ing Iho key
management per8onnel of the charlty In charge of dSroGtNw and ￿ntyr￿lIng the ¢hority ond running and
operatin9 th& charity on a day lo day basis. All IIu8le68 give their time freely and no InJ8tso remunerallon was
paid in tha y88r. Tha pay of kay mgn8gom8nl pars¢￿81 Is revlowed annualty al board lovd and Is sel In
8ecord8nce wlth experlence, r88Fon8lblllty and performance.
R•l•t•d p•rti
Included In govemarKe costs Is trustees indemnty Insurance premIu￿￿ 01 £1.5(W] (2023.. £7,500) relating to
the year ended 30 AprS12024. Other trgnsgCtbn8 wlth reLgted partles aro d18do8ed in note 15 lo the financial
stotements.
RIBk manag•m8rrt
Durfng the y8ar the tnJ8leg8 h8ve ¢￿SIde￿￿ and Kl8nlified the major risks lo vthich thg Charity 16 expDsed.
This Involv8d identifying the ty￿￿ of risks Iha Chanty fa¢8s, worttlslng them in twms of Wenlial impact and
IlkellhocKI of O￿l￿enCe and bd8ntlfylrvJ me8n8 of mlllgaWro thè r18k8.
The Ch8rty'8 Systems of inlemal contrd are designed to provKle Te850nable bul not absolut8 aSsur8r￿
agalnsl malerfal mbstatomwrt ￿ loss. Iru81998 arg 8at181bJ that Ihg 8y8lems In ￿a¢e mhb3ate Ifdr
gxposurg to the major rS$ks.
REFERENCE AND ADMINISTRATIVE DEfAILS
Roglstorod Ch•rfty numb•r
223669
Pag8 2

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Trusteas. Report
for tho y•8r •nd•d 30th Aprfl 2024
Prfnc*l •Jdr••s
Hddemess House
H￿d0￿￿$S Road
Hull
East Yorkghlre
HU8 8QX
Tru•tso8
A J BeharTdl ICh8lr- 8tart of yearl
C LIght0￿Or- reslgned 01.11.2023
R M Mlles IChalr- end of yaar)
l Mdn108h . re819￿1 08.05.2024
S Crum
A Barber
CEO & Cl•rf¢ to th• Tru•t•••
D P Naughlon-Doe
Audltor•
Smalles Goldle
Chartered Acctsjntants
Stalulory Audllor
R8genVs Court
Prfnca88 Str88t
Hull
Ea81 Yorkshlre
HU2 8BA
Bank•r•
N81W88t Bank Flc
34 Klng Street
HUU
HU13SS
St•¢kbrok•r•
Ralhbone Investmanl M8nagem8nt Umlted
Port of LT¥èrw￿ Building
Pler Hgad
LIverp￿1
L3 1NW
EVEMTS SINCE THE END OF THE YEAR
Inlomatron rel8lirvd lo event8 slnc8 tha ond of the yo8r Is given In the Th)to$ to thg fin￿￿￿91 statgrngnt8.
TRU8TEES' RE8PONSIBILITY 8TATEMEp¥r
Th8 t￿￿te89 8rn r8sponsible for preparing the TTUStees' Report and the financyal statements in acoyd8nce
th applicable law an(i United Kingd(yn Accounting Standards IUnil8d Kingdom Gengrally Accepted
Accounllng Practke} IndudlrvJ Flnancbal Rap￿n9 Stand8rd 1￿2 FlnaTh*l RetÉ*tlng s￿r￿ard
apF41cable in the UK and Republ￿ of Irela￿.
Pago 3

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Trustees. R8POrt
ft)r th• y•ar ￿ded 30th Aprfl 2024
TRUSTEES. RESPONSI8ILrrY STATEMENT- contlnu•d
The Lqw applicable to charities in England and wa￿S. the Chaiities Act 2011. Charity (Accounts and Reports)
Regulations 2008 and the provIskY￿ of th8 Injst deed requlre8 the trustees lo prepare ffinandal 3ts1ementB fc*
each finencial year whth glve a true 8nd falr ￿eW of the stsle ot aff8lr8 of the charlty and of the IncomSng
resources and apFIiCal￿ of resources. incfuding the inc￿rne and expenditur&, of the charrty for that period. In
pr8paring t￿188 finartLg1 stal8rrnnts, the tN8le88 are req￿re￿ to
select 6ult8blo accounllwJ polkk•6 8rn1 then appty them con8181•AIIy',
observe th8 melhody and prirrApI88 in the Charity SORP..
make judgemen18 and estlmalos thal reasona￿e aThJ wudenl:
slate whether applicable accountin9 standards have baon fdlthv•J, sublect to any ma18rf81 dgparture
(Jisclo88d and explained in Ihg financaal st8tements.'
prèp8r& the fin8ncl818t81amen18 on the wng conc6m ba818 U￿888 It18 Inapproprlatè lo iYe8um8 that the
chorily will conlSnue Sn bU￿ne$s.
Th8 Irusle83 are responslblg lor keeping prop9r accountlng records whlth diqdo$8 with rgasonable accuracy
81 any Ilm& the flnanck91 w8itkin of th& charlty and lo on8￿& them to ensure that the flnanclal slal&menls
compty wlh th8 ch8r11￿S Act 2011. th8 Ch8ri1y (Accounts and Roport81 R8gul8lh)nB 2008 and th8 provl8ion8
of the trust deed. They are 8180 respon81￿8 safeguardlng Ihe 888818 of the chartty and hence for ts￿ng
roa$onatJg stops for the prov9n1￿ aThJ dotQGYon ol Iraud and olhgr IrregU￿rItIes.
Approvèd by ¢ydgr of ￿r￿ of tr￿At0•S M 10th Febnwry 2025 8nd 8kdnod on ts bahaff by..
R M ￿l￿- Tru8t80
Page 4

Report of the Independent Auditors to the Trustees of
Holderness House
Oplnlon
We have audited the finarKial ststements of Hoklomoss ltt)g 'charW) kn Iha year ended
301h April 2024 Yth￿h comwise the Statement of FInan¢￿ AcUvhle8, Iho Balance Sheet, the C&8h Fk)w
Stslemenl and noles lo the financkql st8laments. including a summary of significant accounung FL)lidos. The
nanual reporting framework that h88 been applied in thèir preparat￿n is applicable law and United ￿.￿Orn
Accounting Stsndards (United Kingdorn Ge￿TallY Acceptsd Accounting Pr8Cticel. induding Finanual
Reportlng Slandwd 102 The F￿ar￿￿91 Reportlng Sl8ndard applicable Ni the UK and Republk of IrelarKI'.
In ￿r oplnbn the flnarKlal statem8nts'.
L4v6 8 tru& andlair v￿W of th& 8tale of the charfty88ffalrn as al 30th Aprfl 2024 and of Its Incoming resourc8B
d application of resou￿oS, for the year then end&J'.
have bean property prepared in accordance with Unf(ed Kingdom Gonarally AcL%pted Accounting Practice.
Includlng Flnanck91 Reportln9 Slandard 102 The FlnanGral Reporting Standard ap￿ICable In the UK and
Rapublic of ITelBnd'; and
havo been propar&l in accothnco ￿th the Tequirements of the Chadltes kt 2011.
Bas18 lor oplnlon
We Lx)nducted our audit In aCCo￿ance wllh InlematK)nal Standards on Auditing (UK) (ISA8 IUKII 8nd
appllcable law. Ourro8p)nslblllll8s uThJ8r thosg standards 810 lurtherdescribed In the Audilor8' responslbS111188
for thè 8udll of thè financial st818m8nts 8éctk)n of our r8wL W8 are ind•p8ndont ofthe ch8rily in aCLordanc8
with the ethical requlr8ments that are rdavanl lo our oudll of the fin8nd81 sl&tements In th& UK, Includlng the
FRC'S Elhlc81 StarNJ8rd, and we have lulllll8d our olhar ethlcaj resEM)nsi￿lltles In accordance with these
rwulrgmonts. Wo boltevg that the oudll evldonce wg have obtalnad is sUffiC￿nt 8r4J approprfalo lo provlde a
bgJi¥ lor our oplnkn.
Conclu•k)n• rnl•llng to golng ¢onc•m
In auditing the financial $talemonl¥. wo hgve cOndUd￿ that the knJ81888' U88 of th8 gc4ng o)ncom b8818 of
unllng In the pr8p8ratlon of tho fin8ndal 8tateff*n1818 8pyoprf8te.
Based on Ihe work we have perfom•d. wg have not thnlffifjd any malèrtAI uncertalntl88 relallng lo events or
rA)ndllhJns that. Indlvldually or colectfvely, may casl 8ignlflc8nl dtyjbl on the charfly's 8blllty to ￿ntInu0 a$ a
golng concom lor a perl(xl of al19881 tsvolv8 months from whon th8 financial Btal8menls are aulhorlsed for
1$8Ug.
Our r86ponBlblllUoB and tho reB￿nSibIlItIa￿ of th• IwBte88 ￿th respect to g¢ing concom are de8crlb81i In tho
ralev8nl 88CtIDn8 of th18 report.
Emphas1• of matter
We dT8W attenllon to nots 16 to flnand818t8t•m•nts. wNch d&8Crtbe8 a rwdlu8tlng FQ•t 8he81
evenl followlng tho tn￿1998, slralogic d8Ck8kJn lo ¢90S9 Ihg chartly'$ prlmary activlly. that of runnlng 8 car8
home, after thè year ond and tho •xcaption81 co81$ intyjrred in dolng 80. Our oplnlon is not modifiod In re$p9¢t
of Ihls matter.
Oth•r Inlommtlon
The trustees are responsible for the other Informath¢￿. The other Infomatlon comprfs8s Ihe Infonn8tlon
Indudgd In the Annual Repor( olhgr than thg stat01r￿ts and our ReF¥Yt of the Inde￿dent ALbJltors
Ihereon.
Our oplnbn on tho flnond81 $lateménts Thjt mr the other Infcthiatbn aThJ, excopt to Ihe exlenl
olheNlge expllcmy 8ts18d In rokMNt, we do not expre85 any foffti ￿ a88uT8r￿e cond[￿n ther￿n.
In o)nnecllon vAlh our oudil of the fmanck?I stalemenls. our reEp)nsibllily16 to read the other informallon and,
in doing so, CA)nslder wh8thor the other infomalion Is malwhlty In¢>)nsistgnl vhth finanryal $tslements or
our kn￿edg0 obtain8d in tha audit or othgrwisa app8ars lo be materially m158tsted. If we idenlmy such
material in￿n￿lS￿nc￿S or apparent material m688tal8ments, we are required lo del8rmNie whethgr this gives
dse to a matortal mlsstatgm8nt In th9 finandal statem&nl$ themselves. If, based on the work we have
P8rfom8d, wè condud? that the￿ is 8 m8terk*l mi88tal8ment of thls other knfform8Uon, we are requSred to
report th8t fact. We h8V8 nothirvJ to rewt in this regard.
Pago 5

Report of the Independent Audltors to the Trustees of
Holderness House
Mattern on whlch wo arn wequlrod to roport by exceptlon
We have nolhlng to reKy)rt in ffjspect of Ihe fol￿ng matters where h char￿e8 IAccoynt5 and Repcrts)
Rggulalions 2008 requires us lo report to you il, In our opinion..
th$ infomiallon glven In the trustees Report Is inconsislant In any materfal respect with the financial
818tements', or
sufficient accounting records have nol been kept.. or
the linancial slat9menls are not in agreement byilh tho acc￿11￿ rociKd5 and r8tumB; or
Wo haw not received all the Informatlon and Oxplanallons wo requirè for wdlL
R•8pon81bllltl•$ of IfUSt••s
As explained more fully Sn the Trustees, Responslbi11tt8s St8￿ment. the trustees ore m$p￿SIble for lh8
preparallon of the financlal ststemgnts which give 8 Inje and falr vw, and for such Intem81 control as the
trustees delomiln8 Is necossary to enable Ihg preparatlon of fln8ndal s18toment8 that 8r8 freè from ma18rlal
mis8latem8nl, whether ¢Jug to fraud or error.
In proparlng tho financlol ststements. the trugtees 8re re8ponslbl8 foroSSa8slno Ihe chaTIty'8 8blllty to conunue
as a going concem. disclosino. as applicable. matters related lo going ¢oncgm and uslng tho going concem
ba8is o18ccounllng unloss the Iruslees ellher Intend lo I￿uld8t0 Ihe chorily or io coas8 operauons. or hove no
rea118tlC 8tt8m&Uve bul lo do 80.
Our rn$pon8lbllltl•s for tho audlt ol th• Iln•ndal *t*rrAn¢•
We have boan appointed as auditors under Secllon 144 01 tha Charllle8 Acl 2011 aThJ roport In ac£ordanc•
vAth the Act 8nd relgv#nt rngu181ton8 made or h8vlng effKI thwounder.
Our oLijectives afe to obtsln re8sonablo assurance al)oul whether the flnancl81 statemènts as a whol8 are Iree
from malerfal mlsst81omenl. whelher due to fraud or error. and lo issue a Report of the Indopendenl Audllors
that Include8 our oplnSon. Re8son8ble 88sur8nce18 a high lev8101888uran¢e, but Is nol a guBranteè Ihol an
audll conducted in 8ccordonc& with ISAS IUKI I￿119¢WayS detect a malerial misstslement when il exlsts.
Misstatements can adse from fraud or errol 8nd are considerod malerial If. Indlviduolly or In the ag9regate,
they could reasonably b8 gxpectod lo Infiuencè th8 economiG declslons of u88rs taken on the b8sls of Ih8S8
fln8ndo1 stslements.
Our 8pproach lo Idenllfylng and oS8e881ng Ihp r16ks of Mate￿01 ml$8tat8menl In respeol of Irregular1119S.
Snduding fraud ond non-compllanrA wilh laws 8nd regulallons. was focused on 8peclflc lows and regulatlons
which we ¢onsidored may have 8 direct malod818ffecl on tho financial 8tatsmenls or tho operations ol the
chadly, including the Charilies Act 2011, tax 18gislallon. dat8 prolecilon, Bnli-bribery. omploymenl,
environm8nlal, heollh and safoty leglslatlon and C8f8 Quallly regul8lorB. An undorsiondlng of Ihese18ws 8nd
regulations and the extant ol compllance WBS oblainod through dlscusslon vAlh man8gomenl and Sn5pectlng
legal ond regulatory corresporKlonee.
We 06&e88ed the 8U8CePtlblllty of tho charity'8 fln8ncl81 81otemants to m8terf81 ml88talomenl, Indudlno
oblaining an undorslanding ol how fraud might occur. by making enqulries ol management and consldering
the InteTn81 controls in placo lo mltwle risks of fraud and non￿ComplI8nC9 with laws ond regulallon8.
To address th8 rL8k of fraud through M￿￿ge￿nI bl88 and override of conlrtA8. WO:
pprfomied analyti￿1 proceduros to hlenlfy 8ny unu8ual cr unexpo¢tod rd8tionshlps',
lèslgd journal ontrtes to idgnlify unusual Ir8nsactlons',
8S3essed wh8ther judgomenls and 08Bumptlons made in detemilnlng the accounting estlm8t68 Wèrn
indlcalivo of ptsten1I81 bias., and
investig8lad Ihe ratlonale bohlnd swlficant or unusual ￿60￿10n$.
Pag8 6

Report of the Independent Audltors to the Trustees of
Holderness House
In respons810 the dsk d IrTegulwrtl6s and non4ompli8nce wth ￿ 8nd regulations, we d￿gned wttedure8
whlch irKluded. L¥Jt weTr not iknited to..
agming financi81 statement dtsdosures lo underfying gjppcwting documentation:
readirvJ tho minutes L4 m8etings of Il*Js8 charged with govemance:
enquiring d managemenl as to a¢lual and Wenllal litkjallon and d8lms,' and
Dua lo th8 inh8rant limitations of an 8udit. there is 8 rfsk th8twe ￿11 not del8Ct 811 ITf8gu18rftles. Includlng those
laadlng to a m8t8rl81 mkstatsmenl In the Ilnanclal stst8m8nl8 or nonrycompliance vAlh ragulatbn. Th18 risk
creases the MO￿ thal compliance with a law or rggulatbn is rgmoved from the events and transactions
reflected In the financlal statements. 88 we w511 b& less likety to berLffie aware of in8tances ol non-compliance.
Avdlllng slaThJar(Is a150 lknlt the aLvJIt procedures requlrod lo Identlty non-compllance vllh laws and
regul8Uon8 lo ènwiry of th8 threclors and other managembnt and the Inspaction of regulatory and legal
corr8spond8nco, rf any.
The risk 18 8150 greater regarding irregu18rf1ies ctcurrfng due lo fraud rather than arror, as fra￿1 Involvas
lent5on81 concealment, ftxgery, collu8ic¥), oml58tDn, or m￿repreSentatIon.
A furthar desulptbn of wr rnsponslblllVe8 for thts audlt ol flnandal 8tatsmonts18 locatod u) the FlnanclBI
Reportlng Councll's webs￿8 at www.frc.or9.uklaLKlttor5respon3ibbllti85. This dascrlillon fomis part of our
Report of Ihe Independent Auditors.
VB• of our r•port
This roport Is made ¥olely lo tho tharitl8 InL4tees. ae a Lyxly. In accordance with Part 4 of Ihe Charftl88
IA(£ounls and Report81 Regulallr)ns 2C(J8. Our audft *t¥k has b8en urmlertaken 80 th81 we fflighl 81818 lo the
charity's Iruslees those matters wo arg roqulrod lo $1319 to thom In an audltors, roport 8nd forno clhgr purpose.
To the ftjllesl exlenl permltled by law. we do not accopt or 888ume re8pon8it41ty kn anyo￿ ethèr ih8n the
chafity and tho chariV8 Iru&t8e8 88 8 budy. owlil work. fry Ihlw r8pJrt. (x for thg OpIn￿n8 ￿ have
formed.
Sm8if08 Goldle
Chartered ACc￿nton￿
Slatulory Aud￿Or
R8g8nt'8 Court
Princes8 Street
Hull
E86t Yorkshlre
HU2 8BA
101h F•bruary 2025
Page 7

Holderness House
The Charlty of Thomas Robinson Ferens
for a Home of Rest
Statement of Financial Activities
for th• yo8r •ndod 30th Aprll 2024
2024
Total
funds
2023
Total
fuThJs
Unr881rfGled EThJowrnent
fuThJ
fund
INCOME AND ENOOWMENT8 FROM
Charlt•bl• actfvlll••
Residents c£Jntrjbulh￿9 ond T￿ts
950.727
950.727
998,771
Inv8stm8nt income
106.953
89.750
Totsl
1057 680
1057 680
1088 521
EXPENDITURE ON
R•l•lng fiJnd•
Inveslmant man8gomenl c4)sts
15,317
15.7•10
14740
15.317
Ch•rlt•blè actlvld
Staff and 8g8n¢y c08ts
Prèm1888 njnnlng ts)818
Rgsldonls dlrecl caro
A(Jrninistratfve BUPPOrt costs
D6proclatlon
893,707
1942ri
34,191
10D.925
893.707
194,277
¥191
100.925
649,496
204,396
57.502
95.481
Total
1261535
1.231.905
Net galn8 on Inve81rnnt8
NET INCOMEIIEXPENDifuRE)
159,008)
159,0061
RECONCILIATION OF FUNDS
Total funds brought fomwd
0.412.040
17,620 5,430,280
5,352,631
TOTAL FUNOS CARRIED FORWARD
5 371254
5 430 260
The notss fomi p8rt ofthe8e f￿arKI91 ststgmonts
Pago 8

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Balance Sheet
30th Aprll 2024
2024
Total
fund•
2023
Total
funds
Unre81rfcled ETrJowmenl
fund
fund
Not9$
FIXED A88ETS
TgngSbl6 assets
Investments
10 1,02#.341
17,620
1.046.961
4 151751
1,062,958
4 222 642
5.181.092
17,620
5,198,712
5.285.598
CURRENT A88ETS
Debtor8
Cash al bonk and In hand
12
4293
S,293
4,992
21S338
21&338
191,942
CREDITORS
Amounts falllno wllhln onè year
13
(42,796)
142,7901
147.280)
NET CURRENT ASSET8
TOTAL ASSETS LESS CURREiir
LIA81LITIE8
S353,634
17,020
5,371.2J4
5,430,260
NET ASSETS
5 3712S4
5 430 260
FUNDS
Unr88trlcted funds
Endcthmenl fvnd8
14
5.353.634
5,412.640
TOTAL FUNDS
5 371254
5 430 260
Th& flnanclal statements were approv￿ by tho Board of Tm8le08 and 8ulhorf8ed for I$sug
10th February 2025 and were 8bn8d on Its beh8If ty..
RMMlle8-T
A Barber- TN8ts0
Thg ThAes fcm partof Ihese IInan￿oI st8lemonl$
Page 9

Holderness House
The Charity of Thomas Roblnson Ferens
for a Home of Rest
Cash Flow Statement
lor the y••r •nd•d 30th Aprll 2024
2023
Gaoh Ilowg from oporallng •Gtlvldo•
Cash 98neral8d from op8r81ion8
206 1481
Net Cash u8td In operaung advRle8
206,1481
Ca•h flows from In¥•stlng a¢tlvld
Purthase of tangib￿ fixed assets
Sale of flxed asset Inve8trn8nts
Other movements kn Investments
Interest recewed
DlvldoNl8 reco1￿1
147001
200.000
147.3231
1Crf),QOO
1189)
925
88 825
3,003
103950
Not cosh wovidod by invostlrvJ aclivltl8S
142 238
¢h•ng• In u•h •nd ¢a•h •qulv•l•nl•
In th• r•portlng p•dod
Cash and cash •qul¥al•nt• at th•
b•glnnlng of th• r•portlng p•rfod
23,095
163,9101
186 950
C••h and ￿*h •wlv•l•nts at th• •nd
of th• r•portkng p•rfod
The notes fcrfm of theBe financial statements
Page 10

Holderness House
The Charity of Thomas Roblnson Ferens
for a Home of Rest
Notés to th• Cash Flow Statamont
for the year •nd•d 30th Aprll 2024
RECONCILIATION OF (EXPENDITURE￿Nc0ME TO NET CASH FLOW FROM OPERATING
ACTivmES
2024
2023
N•t1gxpondlturollln¢omo for tho roportlng p•rfod la• p•r th•
Statsm•nt of Financial Activiti•81
Adlustm•nts for:
D8proc18tl¢M chargès
Gain on inv&stmgnts
Intere31 received
Dlv*Jgnd$ rece
Inv68tmont managem￿1 fe8è
IlncreaseVdecrea$e in debtors
Docre88e In credlto
159,11081
77,629
22,695
1141849)
{3,003)
1103.9501
14740
13011
484
9.733
1221,013)
1925)
188,8251
15.317
4.967
N•t ¢a•h u••d In op•r•llon•
ANALY815 OF CHANGES IN NET FUNDS
Al 1.5.23
C88h ff
At 30.4.24
N•t ca•h
Cash al benk arKI In hAN1
186 950
Total
1869SO
Thg notes fomi part knnrial stslernents
Pag611

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Note5 to the Financial Statements
for th• y•ar •nd¢d 30th 4•rll 2024
ACCOUNTING POLICIES
8asl• of pr•parlng th• flnanclal 8tstsmonts
Th8 lknandal statements of th9 chBrhy. which bs a PLrt)l* benefll entlty under FRS 102, h8V8 b88n
prapar8d in accordancg ￿th tha Charithes SORP IFRS 1021 'AcC￿ntIng and Reporting by Charities..
Statement of Recommended Practice applicable to Chorit￿ pr8paring their aco)unts in occordance
with Ihe Finan¢Sal Repc¥tlng SlaThJ8rd appllcable In th6 UK ar￿ Republic of Ir8land IFRS 1021 {eff8ctlve
1 January 2019),. Fin8ncb81 RewUng Standard 102 The Fin8ndal R8porUng St8nd8rd appllc8bl8 In
the UK and Ropublic of Ireland, and the Cha(i¢i88 Act 2011. The fin8nrial slaternenls h8ve been
propared Ltnder the htslor1cal co8t eonventitin. wilh the exc&pt￿n of Inveslmenl8 vthlth are In¢hJded ot
market value. as modthed by the Tevalualion of cwtsln a888ts.
Thè significant a￿untIng pjlcles apPl￿d In Ihe preparatlon of Ih88e flnanci818talem8n18 8re 8&1 out
below. Th￿￿ pollci89 h8v8 ba&n con81slenlly applled to all years pr8sant8d unléss oth&Th￿s• stal8d.
Golng Conc•m
The trustees. having ¢1)n$￿ore￿ tho avallablo Informalkn, have 8 ro88cnabl8 8xp0cta1￿n that the
ch8rlty h88 ad8quato resources to cOn￿nUe In operalkinal existence for a p￿70d of 12 monlhs from tho
dale ol appmval ofthg¥9 flnandal slaleman18 and I￿refOre have prepared tho finBncial 81atemenls on
golng cijncem bas16.
Incom• r•cognltlon
Income 18 moasured al Iha fatr value of the D￿SIderatIOn or ￿e0V￿￿e. Tho pollcl8s •aopled
for th& reccgnltlon of incom8 ar8 88 folk)w8:
Irthme from contribubon5 from residents and rents t8c•v8d rJ r#u)gni88d on(* thg charlty has
anlltlemont lo th8 ino)me, 1118 protsabl& that the Incom• will b• r8colv•d and the amount can b
measured rellab￿.
Interèst Income 1$ recconi$ed usSng Ihe effe￿1¥9 Intere81 mothod and dlvldend Income Is rectr3n188d as
Ihg charily's right lo receiv8 paym8nl18 8slablish8d.
Exp•ndlluro r•cognltlon
Llabiliti88 are recognised 80 oxpgndlluro 8$ 800n a8 there 18 a legal Of ￿$t￿j￿1Ve 0tr4(qaUon
commirtlng the chartly to that expendlturè. It18 probabk that 8ettJgmgnl ￿11 bo r8qulr9d gnd thg 8rrK)unt
of the obligation con bo measured rellaNy.
All expendllura Is aCc￿nted for on gn 8ccrv818 basL8. Al exp8n888 InCI￿lIng tsjsts and
gov8mance costs are allacaled lo tha 8ppllcat48 expendlture heodlng8.
Allo￿100￿ of support •nd govornance
Support cost8 h8v8 b88n aNocated boknvogn gov8rnonc8 (x)818 and other 8UPPOrt costs. Govemancè
costs ¢omprtse all costs Snvolving the pulAK accountability of the charty and its (wi￿lance ￿th
regulatim and practlce suth as costs Tg18tod to 8latulory audit and legal fee8.
There ha8 bean no appjrtionmonl of c051&
Tanglbl• flx•d as••t•
Fr88hold land and t￿Ilding8 awe 5t8ted at tho 1930 probote value, 169$ any $ubsequgnt sale¥ of land
with subsequent additions Bt Q)6L
Frn8hofd land and bulldln95 Used for the wrFthe of Ch8rity are not depreci8led 88, in the OFinion
of the Iruslegs, Iheir lrfe 15 so long and their residual valLPS arg so high that 8ny depreclatlon W￿1￿ b8
In8OUn￿l¢8nI.
Pag9 12
ntlnued...

Holderness House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Notes to the Financial Statements - continued
for thg year ond•d 30th Aprll 2024
ACCOUNTING POLICIES. contlnued
Tang•bl• fix•d a•vts
Flxture8 8nd flttlno8 are deprn¢latgd at 15% pgr annum on fX48t or valualknn.
Expendlturo of 8 e•pital nalurg i¥ witallsed wh8n expend8d 8mount ￿r itèm eX￿ed5 £1,0￿.
TaxAtlon
The chadtyls exenwl from 18x on 115 chBritthle activit￿.
Hlrn pur¢ha•• and la••lng commltm•nts
Rentalg paid under operaling are charyed lo th8 Stslèmenl of Financial Athl1￿9 on a ¥tralghl
Iln8 bas18 ovgr the perlod of the lea8e.
P•n•lon C￿t* •nd oth•r P￿1￿•￿￿m•nt b•nthlts
The charlly operate$ a defiwl ￿￿tribUlK)n penslon scheme. c0nlrlbut1L￿ P8yabl8 to the charitls
pon￿On $therne are ch8ryed lo the Slalem8nl ol Flnanclal Actlvllles Sn thg p8rfc¥J to whlch they relate.
Inv8•tfflont•
Investments arg reccgnlsed Inlllaly at falr whlch 18 norn)ally tho lrnn8acdcffj ylc¢ gxcludlng
Irgn$8Ctlon co818. Sub88quenl￿. Ih&y are measured 41 falr valuo thrtyjgh Ihg slatemonl of financl81
aetlviliès 11 th8 Shar￿ 8r¢ publidy tsdod, u8ing th8 c108ing quotsd middle pr￿8, or their value can
olherwl$e me88urod ra118b￿.
D•btor• and cr•dttor• rKolvabl• I p￿•blO wlthln on• y••r
Debtors and c¥edltor8 wlth Btated IntOT881 rBlg ond 8r8 rec•￿8b18 or p8yabl8 wlthln one yaar are
recorded at transacth￿ price. Any1058es 4ri8lng from impalmienl are re¢ogni$ed in the slalgmgnl of
nandal actlvlllès 8ll¢xat&J to tho 8pproprtote l￿dIng.
Imp•lrm•nt
AsBets measured at falr v81ue 8r8 rev￿ for any indi￿tIon that the Bsset m8y be Imp8tr8d al
each balancè she81 dale. If such Indlcatlon 8￿818, tho recoverab￿ arnounl ol th8 asset. or th8 asso1,$
cash gen8r8ting unli. 18 estimated 8nd compared lo th8 ￿rrying omounl. lthore the carrylng 8mrMJnl
exceeds Ils recoverable amount. an Impolmienl k)8818 recognlsed in th8 Btalèment of tlnancial adlvrtl88
unle88 Ihg as8el 58 carrlod at a revalued amount whwe tho Imp8knient1088 L8 a revaluatkin decrease.
T•rmln•tlon b•n•flt8
Teminalion benefit8 are r8cogniged Immedthly 88 on expen88 the rknTit8ble company 18
demonstrably cx>mmltt8(I lo t8fftlnate the employm￿1 of an empby88 or to provlde lemilnatlon
Pagg 13
continued...

Holderness House
The Charity ofThomas Roblnson Ferens
for a Home of Rest
Notes to the Financial Statomonts - continued
for th• y￿r •nd•d 30th Aprfl 2024
INVESTMENT INCOIAE
2023
In(xwne from11818d Inv881ments
Intorèst r8c•fvab
103.950
3,003
88,825
925
INCOME FROM CHARITABLE AGfMTIE8
2023
Ac￿lty
ContrftyJtlc￿8 frcm
rosidents
Rènt8 rncolvth
Gronts
Readenls contrlbullon8 and rent8
Resldenl# conlrfbutlon8 and rentg
Resldents conlrflyJtlons and rents
944237
5,740
750
992,356
5,480
955
INVESTMENT IAAIIAGEMENT C08T8
2024
2023
Portfollo managemwbt
C+IARrrABLE ACTivrriE8 COSTS
Support
C08ts (see
Dlrecl
Staff and 8gerry c08ts
Prefflises runnlng CO818
ResFd&nts direct cara
AdminSstrat5ve 8UPF#)rt costs
Depredatl
863,913
29,792
194277
893,707
194,277
¥191
11)D,928
M191
323 906 ￿795
Page 14
contInu￿1...

Holdemess House
The Charity of Thomas Robinson Ferens
for a Home of Rest
Notes to the Financial Statements - continued
for th• ywf ￿d•d 30th Apfll 2024
SUPPORT COSTS
Admlni81ralion Property
oxpgns05
upkoop
Gardens Govemanca
upkogp
CC61$
Totals
Stsff and agerry costs
Pr8mis8s running o)sts
AdmlnistralNé SUPPOrt
costs
DepreciaUon
29.792
111228
29,792
194.2
683
15,388
19.396
57.006
77.202
22.695
161416
323 968
AUDITORS. REMUNERATION
Ch8rf18bl8 activit￿ and gov8manc8 costs include a￿lit￿ remuner8llon for 8udlt 8eNlce8 of £8,173
12023 £6,917> and £3,25412022 £2.0041 for non audh 88Ntces.
TRUSTEES. REMUNERATION AND 8ENEFrrs
Thgro were ￿ Iru8te85' remun0rntl(￿ or Lthgr benefi18 lor the year 30th Aprll 2024 nor for the
year erded 30th Aprll 2023.
Tru•t•H' •¥p•n•
There wern no tnJ8tee8' exp8n888 pakl for 8N18d 30th Wl 2024 nor ICY th8 yè8r èndèd
30th A4>ri12023.
8TAFF COSTS
2024
2023
Wages ond 58larle8
Soclal securfty costs
other pen81on costs
822.903
56.814
784.780
52,664
893 707
The average monthly numbèr of empw￿ duvkng Ihg ygw wa8 08 folow8:
2024
47
2023
47
Olrect st8ff
Supp¢xt slaff
48
No employegs r8C8fvgd emol￿onI5 In oX(w of£eo,Ixio.
Jring the prnr year, the charfty made tarmln&tTon payments tol8llirYJ £6,698.
Pago 15
onttnu•J...

Holderness House
The Charity of Thomas Roblnson Ferens
for a Home of Rest
Notes to the Financial Statements - continued
lor th• y•ar •nd•d 30th Aprtl 2024
10. TANGIBLE FIXED ASSETS
F￿t￿re&
and
ftttiNJs
Freehokl
Total8
COST
At 1st May 2023
AddrtK)ns
960,154
859,815
1,819,969
At 30th hprfl 2024
DEPRECIATION
At 1st May 2023
Charge for year
757.013
757.013
At 30th Aprfl 2024
NET 8OOK VALUE
AI 30th Aprfl 2024
1046 961
At 30th Aprfl 2023
1 082 958
11. FIXED ASSEf INVEsfMENTS
Ca$h gnd
88lllem•nts
panding
Invo8tmonl8
Totalj
MARKET VALUE
Al 181 M8y 2023
Additlon8
Disp08al8
RevalualIc￿B
C8&Ntal wllhdrawn
Man¥m8nl 1008
1939.024
391.420
(415,676)
144.849
283.618
1391,420)
415.676
4222,642
144,849
121x1,000) 1200.0001
AI 30th Aprfl 2024
4151751
NET BOOK VALUE
At 30th April 2024
4 059,617
4 151751
AI 30th Aprtl 2023
3 939 024
283 618
Thwe ￿re no Inve8tment a85èts out8klg U(.
Pogg 16
contlnued...

Holdemess House
The Charlty of Thomas Robinson Ferens
for a Home of Rest
Notes to the Financial Statèmènts - continued
for th• y•ar Ond￿ 30th Aprll 2024
11. FIXED AS8Ef INVESTMENTS- ¢ontlnu•d
Cost or valugtion 8t 30th April 2024 repf88anl•J by.
Ca•h and
Ll•t•d
••ttl•m•nt*
InvMtm•nt* pondlng
Total•
Valuatlon In 2024
4OSg.617
4.059.617
4059017 ￿134 4151751
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Tr8¢Je dobtor8
Prgpayrnanls and accruwj Income
1.77T
516
293
13. CREDITORS: AMOUNTS FALLING OUE WITHIN ONE YEAR
2024
2023
Trade credltor8
Taxation ofKI 80C4al securfly
Olhw creditofB
4790
6.310
19,109
7,507
1& PAOVEMENT IN FUND8
Net
At
30.4.24
Al 1.&23
in funds
Unr•*trlct•d fund•
Genoral fund
5,412,640
159,0061 5,353.134
Endowmgnt fvnds
Endowment fund
17.620
17,620
TOTAL FUND8
5 430 280 ￿59 0001 S 371 254
Page 17
conUrwJ8d...

Holderness House
The Charity of Thomas Robinson Ferens
for a Homo of Rest
Notes to the Flnancial Statements - contlnued
for th• y•ar Md•d 30th A>rll 2024
14. MOVEMENT IN FUNDS- ￿ntInUed
Not rbKwem8nt in fuThJs, IndUd￿ in the above arn a8 fdlows:
Incomlng
resource8
R88ewces
expend8d
Galn8 and
k>s888
Movemanl
Sn tund8
Unre8trlct•d fvnd
General fund
1,057,180 (1,261.5351
144.849
159,006)
TOTAL FUNDS
144 849
Compara￿• for mov•m•nt kn fvn
Nel
movemgnl
In fundi
At
30.4.23
Al 1.5.22
Unr•strfct•d fvnd•
G•nèr81 fund
5,335,011
77,629
5.412,fj40
Endowm•nt fvnd•
Endowment
17,620
17,620
TOTAL FUNDS
5 352 631
5 430 260
Comparauve net rywement In fund8. 1rd￿J•d In the above are a8 folow8.'
Inco￿￿n9
Re8ouw Galn8 8nd Movemgnl
OXF¢nded
106888
In (und8
Unrn8trlctsd fvnd•
General lund
1.088,521
11,231,905)
221.013
77,629
TOTAL FUNDS
PBg8 18
c#yrtSnued...

Holderness House
The Charlty of Thomas Roblnson Ferens
for a Home of Rest
Noto8 to thè Financial Stataments - continued
for th• year •ndod 30th &>rll 2024
1& RELATED PARTY DISCLOSURES
Mr A Beharrell (a trust8al is a dirgctor of SPS Se￿ntY Limited who hava suppli8d goods and services
In the year o)Stlng £1,575 (2023.. £5,041}. The amunt thje lo 30 Aprfl 2024 was £132 {2023: £NII).
Key management porBonno1 costs in the year, exdudirvJ tru5tee8. tclalled £70,087 (2023: £65,￿1).
16. POST BALANCE SHEET EVENTS
During M8y 2024 the L*adty corKluded consumatlons wlth re81dents aTrJ staff w8rdlng the futuro of
tho care hor￿. Following tho eon8uitatbris the tru8tse8 made the decbkjn to dose tha Care hom8 88
swn a8 r8ason8bly possSbl&, wlth a vlaw lo prftyi1i￿ng the best Interosls of the resKlent8. The core
)m 818ff wer8 fom)alty made redundant In Seplomber 2024 8fter the final residents were asslsled In
findlng artamaliv8 hom88. The ctharSty Incurr8d r8dundancy costs of £235.090 which are not provlded
for in ItW8 fln8ncl81 $ts1omor)ts cfft Ihe b88is th81 tho decl￿(￿ W88 made after the b81ance sh8&t d8te.
In cg)nSunctlon ￿th th8 dethbn lo cbsethe car8 homè, charfty ha8 8tyJghl apprnval from the Charfly
Commisslon lo broadgn of Its chgrilablo rt18¢ts wrroundlng w•Jor c4Jrnmunty use and
8ng8g6m8nt.
Tho tru8t888 are currerfy engagod In the B￿nd pha8e of Ihelr 8lraleglc revl8w relallng lo th8 future
Uee of the hou59 gnd grounds. In thg M￿ntIMa. the ¢harlty conllnués lo hold invtslment8 and Incur
xpendknrv on mèlntenanco of the and garden8, albelt al a nwJthroduc•d levol.
Page 19