John Hoine Homos
R*port und Flrtun¢lul Sltstèmènls
F¢r the year ended 31 December 2024
ChoFIty numbei: 223912
Fortus LlmSted
Bv$ln•ss Advlsors and Accovntanls
5 & 6 Monoi Court
ManorGarth
Sctsrborough
North Yorkshlre
YOI 1 3TV

John Home Hom•s
C¢nlents
Page
Reference ond odministrothve Inlomolbn
Trv51ee5' report
Independent Exominer's report
Slotemenl ol linonciol octivitie5
Balance sheet
9- 11
No161 to the linoncial slolemenls

John Home Home5
Referen¢• ond admlnl$lralSve Inloimallon
Trv$tees.'
Mis. Joy Scales
Mr Richord Scobs
Mrs. Elizobelh Sleightholme
Mrs. Jean 8ale5
Mrs. Ann Turner
Prlnclpal Olllc•rs:
Chairman.. Mr R￿￿ard Scoles
Cletk lo Ihe Trusteès: Mr Nichol05 Tubbs
Treasurei.. Mr Richard Scoles
ChuTlly R•gS$trallon Nvmbei:
223912
Addie55'.
Londesborough Road
Scotborough
North Yorkshire
Y0125AQ
Accounlat)ts'.
Fortus Limlled
Business Advisors and Accountants
5 & 6 Manorcourt
Manor Garth
Scorborough
North Yoikshire
YOII 3TU
Bunkers:
Lloyds Bonk
I Sl Nichola5 Street
Scorborough
North Yorkshire
Yoll 2YY
Sollcllors:
Tubbs & Co
106 Victorio Rood
Scorborough
North Yorkshire
YOII ISL
Pa9e I

John Horne Hom•5
TIv5tees' r•port
lor the y•tsr ended 31 Decemb•r 2024
The Iruslees are ploa5ed lo pre5er)I their report logelherwilh lh& finar)cial slolemenls lorthe year ended
31 December 2024.
Reference and adminislrolive inlomolion as sel tsul on poge I loms port ol this roport. The finoncial
slotemenls hove been prepared in uccordonce wilh Ihe occounling policies $91 out in note I lo the
accounts ond comply with th8 Charity's Trust deed. the Chorities Act 2011 ond Accounting and
Reporting by Chorilies.. Stotemenl ol Recommonded Pro¢tice applicoble lo chorities prepoiing their
occounls in occordance with the Financiol Reporting Stondard applicable in the United Kingdon and
reputJi¢ of Ireland (FRS 1021 l&lleclive l Jonuary ?0191.
Slrvclur•. goveman¢e and mortggemont
Conilitulion..
John Horne Homes i% an unincorporoled trust which is registered with the Charity Commi%sion, ctrKsrily
number 223912.
The chorily was formed by Deed ol Tru51 dated 19 June 1909 ond a scheme ol th& Charity Commission
of 10 November 1976.
The charity does nol ocliyely lundrai5e and s8ek5 to continue ils work through the carelLA stewardship of
ils exisling resources.
Organisation:
The lond comprises approximately 9(K) square yaids. hovlng a Ironloge lo Londesborough Road,
Scoiborough.
The John Horne Homes bulding comprises 018 flats.
The Iruslees shan opply th8 income of the chorily lor the benefit ol Ihe re5idenls ol the chorily in such o
manner os the Iruslees think lil from lime lo lime, allei hoving poid the cost ol repairs, insurance all
other chorges and ovlgoings poyable in respect ol the property ol the chorily and al other proper ¢051s
incidental lo Ihg odminislrotion and monagement ol the Chorily.
Investment powei5'.
These ore govemed by the Trvslees Investment Act 1961.
The invègtmenl in the Exlraordinory Repoir Fund is specifically lorlhe purposes ol the extroordinary repairs
lo, improvements lo or rebuilding ol the flats.
Investment in the Extroordinary Repair Fund ￿ £240 per onnum, or such greater Sum 05 moy be agreed
by the Irvstees.
Trustees..
The body of Iruslees shall con51sI. when complete, 017 Compelenl persons being ¢o-oplalive ITV51ees.
The co-oplolive Iruslee5 shall b@ persons who Ihrough residence. occupolion, or employment. or
otherwise, have ts special knowledge ol Ihe area ol benelil. The appointment is lor o &year lem) by a
resolution ol lh6 trustees p0$5ed al o special meeting.
Related party..
Th8 charity is o memb&r ol the Nolionol Assoclalion ol Almshouses.
Risk monagemenl..
The Iruslees have assessed the mojor risks lo whnh the charity is exposed, whleh are health ond safely,
which 15 considered regulorly ol Iruslge5' meeting5 and oppiopriale risk assessments undertoken..
linoncial security lor the chorily ond residenls. which the Iruslees feel is manogod through o low-ri%k
inveslmenl policy and through intemal control,. and linolly, there is a risk ol property domage lor which
the trustee5 believe there 15 adequate insurance cover and the condillon of the property i% règularly
reviewed.
Pago 2

John Harn• Homes
rruslees, report {conllnu•d)
lor the yettr èndod 31 December 2024
Oblecllves ond acllvllle5
The object ol thè ¢harily is lo house persons ol limited means resident In the borough of Scort)orough,
with o pielerence lor perso￿ who were born in the 50id borough.
In planning our octivilies. we have kept in mind the Charity Commission's guidance on pUb￿C benefit.
The policy is lo continue lo provide comfortable occommodalion lor qualifying persons, with conslanl
review ol mointenonce and upgrading ol the property.
Achlevemerth ond perfoimance
There have been no molerial changes in the policies adopted lo achievè Ihe charity'5 objeclivos. which
themselves remain unchowed. The btling ol the Ilals remoined ol a high tevel with few vocanl periods.
Flnanclol r•vlew
The results ol the yeorore as expected given thol the charity is feliant on contribulions from iesldenls and
income from inveslmenls.
The Irvslees consider that Ihey ore all continuing to lulnl o need in the houslng market and residenls,
contributions wi15 ¢onlinue lo be received ot o similar level lo those shown in the financiol slalèmenls. The
trvsl¢es strive lo achieve o high stondard ol accommodolion and believe Ihot theywill continue to hove
resouice5 lo do so in the lore5eealJe fulure.
Trvstee5' responslblllllos In relatlon to the Ilnanctal slotements
The charily trustees a￿ responsible lor preporing a Iruslees, onnvol reporl and linanciol stolemenls in
oc¢ordance with applicoble low ond UK Accounting Slondards (UK Generolly Accepted Accounting
Practice.)
The low opplicable lo chontios Sn Englond and Woles requires the charity Itvslees lo prepare finoncld
slolements èach year which give o Irve and lair iiew ol thè glale ol offair5 of the chtsrily and ol the
incoming resources ond opplicalion ol resourc¢s. of the charity lor Ihot p&riod.
In prepoiing the financial slalements, the Iruslees are required lo..
select suiloble acco￿ting policies ond then apply them consislenlly
observe the Melhods and principles in the applicoble Chorilies SORP
make judgements ond eslimale5 Ihol ore reasonable and prudent
Slate whether applicoble accounting standards hove been followed, svbjecl lo any
moteriol deportures di5c105ed and explained in the linoncEal slalemenls
Prepare the linanciol ilolemen15 on the going concern bas15 unle5$ 11 Is oppropriale to
presume Ihol Ihe charity will continue in busine55.
The Iru51ee5 0 re5ponslble for keeping proper r¢¢ords that disclose wth reosonoble accurocy ol ony lime
Ihe linoncial p0511ior) ol the chorfly ond lo enoble Ih&m lo ensure that the finonciol slalemen15 comply
with thg Chorilies Acl 2011, the opplicable Charilies (Accovnls and Report51 R&gulolions. and Ihe
provisions ol the Tiusl deed. They are also iesponsible lor saleguoiding the Ossels ol the chorilyond toking
reosonoble steps lor the prevention ond detection ol Irovd and other irregularities.
The trvslees are responsible lor the maintenance ond integrity ol the chority ond financial inlomolion
included on the chaiily's website. Legi510lion in the Uniled Kingdom goveming the preparat￿n and
dissemination of linanciol slolemenls may differ from legislation in olhei jurisdictio￿.
Puge 3

John Hovnè Homes
Trusl••$' report (conllnu•d)
for th• year ended 31 Docèmber 2024
Reserves policy..
As thè moin asset ol the charity is the land und building5, transfers tsrè mode annually lo Ihe Exlrooidinary
Repair Fund whrh is designed lo covei lorge-scaled repairs, improvements or the iebuilding ol Ihe Nots.
The Iivstees ore always mindlvl thol there are ongoing mainlenonco c0515 lo which funds n&$d to be
readily ovailable ond, therefore, consider the General fund r6S8rves juslilied. This position is ieviewed by
the Iiustees regularly lo ensure there will be funds avoiloble lo operate the 11015 elficienlly, given Ihot it is
periodically necessory lo use some ol these funds to finance the type
Iwork they are designèd lo cover.
This report W05 approved by Ihe tru5tee5 on
by..
ond signed on their beholf
Mr Nlcholas Tvbbs
Cleik lo
es
Poge 4

John Horn• Homes
Independent ExamlneT'S reporl lo Ihe Irv$l••s ol John H¢)me Homes
I report on Ihe accounts ol John Home Homo5 for the year ended 31 December 2024 whtch are sel out
onpages5to 11.
Respectfve ièsponslblllllw ol Irvslees ond exumlner
The chorily's Iruslees ore ie5poniible lor Ihe preparation ol the accounls. The charily's Irvslees consid8r
thot on ovdil is not required lor this year under 5eclK)n 144121 ol the Charitie5 Act 2011 Ilhe 2011 Acll,
and that an independgnt exominolion is needed.
11 is my responsibility lo..
EKomine lh& oc¢ounls under seclior) 145 01 the 2011 Act
To follow the procedures loid down in the genera1 direction5 given by the Charity commis￿On
under section 145151 Ibl ol the 2011 Act: ond
3. To slate whether particular mallers have come lo my allenlion
Bo$ls d Independenl examlner's report
My examination wo5 conducted in accordance with the geneiol directions given by the Chority
Commission. An examination includes o r6vlew ol the accovnling records kept by the chorily and a
compori50n ol the o¢¢ounts presented with those recoid5. It also includes considerotion ol any unusual
items or disclosures in Ihe accounti ond seekiro explanations from the trv51ees conceming such matter5.
The procgdures undertaken do not provide oll the evidence that would be required in on tsudil and
consequently r)0 opinion 15 given as lo whether the accounts presenl a "Irue and lair" view, and the
report Is limiled lo Ih05e mallers sel out in the slolemenl below.
IndÈpèndÈnl examlner's slatemenl
During my exominolion, no moller has come lo my attenlion..
Which glvos me reosonoble cause lo be￿ev& thol in ony material respect the rgqviremenls lo
keep proper occounting records in accordance with section 130 01 the Charilies Acl 2011-, arKI
lo prepare accounts which occord with the accounting records and comply wilh Ihe
accounting ieqviiemenls ol the 2011 Act have not been mel.. or
2. to which. Sn my cpinion, attent￿n should be dr(wn in (￿der lo enable a proper underslondlng
ol the accoun15 to be reoched.
Mr Robert D Thorpe FCCA
5 & 6 Manorcourt
Monor Gurth
Scaiborough
N¢rlh Yoikshli•
YOI 13TU
Dale I
Poge 5

John Hoin• Home5
stal•menl of flnunclal acllYllle$
For the yeor ended 31 Dec•mbèi 2024
Tolal
lunds
2024
Tolal
lunds
2023
Deslg
noled
Notes
G•nerol
INCOME
Income fiom chorltable acllvlle$
Residenls, conlribvlions
26,168
26,168
25,755
Volvnlary Income
Donolions
350
Investmenl Income
Dividends
Interest received
13
13
26,299
26.299
26,223
EXPENDITURE
Expendllvre on charllable acllvllles
Eleclricily and gos
Repairs and Nuinlenonce
Garden rminlenance
I n5urance
Printing, postage and slalionery
Sub5criplions
Sundry expenses
525
17,01
1,640
1,237
525
17,063
361
3,737
1,560
1,021
1.237
921
50
511
50
21,447
21.447
7,240
Governance costs
Accounloncy lee
1.608
1.608
1.464
Tolol expendllure
23,055
23.055
8,704
Nel Income
32441
3,244
17.519
Pog• 6

John Hoine Homes
Slgtemenl ol Ilnonclal acllvllle5
For the year ended 31 De¢•mbor 2024
Totol
funds
2024
Tolol
funds
2023
Deslg
noled
Notes
Generol
Nel Income
Transler between Iwd5
3.244
-520
2,724
7,(Y)6
9,730
3,244
17.519
520
520
3.244
7,W6
10.250
17,519
15,314
32,833
Goins on investment asse15
Nèt movemenl In lunds
520
Reconclllollon of Ivnds
Tolol funds brought forward
279,246
6,636 285,882
253,049
Tolal fund5 corrl•d fomard
288,976
7.156
296,132
285.882
Page Y

John Horno Homes
Balance $heel
as ot 31 December 2024
21Y24
2023
Notes
Flxed us¥ets
Tonglble 055e15
Investments
55,672
55,672
140.113
195.785
202791
Currentass•ts
Cosh al bank
95,328
91,899
Cvrrenl IlablllM•$
Accruols
-1.987
-1.802
Nol cvrrènt assets
93,341
90,097
Net ass•ts
296,132
285,882
Th• lund5 Qfthe Charlty
Deslgnoled unre51ricled funds
Geri6rol unreslricled funds
7,156
288,976
6,636
279.246
Total chorlty fvnds
296,732
285,8B2
The financial stotemenls were approved by Ihe Iruslees on
beholl by..
and sioned on ils
Truste
ÉI- QK.Q
Truste•
Page 8

John Hoine Homes
Noles to the Ilnanclal 51olem•nts
For Ihe yeor ended 31 December 2024
Accovnllng pollcle5
Basls of pieporollon ond ouossmenl ol goln9 concem
The financial slalemenls have beon prepored under the hi51oricol cost convention with items
recognisgd ol cost or transaction value unle5S Othorwise slated in the relevant notes lo Ihese
occounls. The financial slalemenls have been prepared in accordoncè wilh Ihe Chaiilies SORP
IFRS 1021 "Accounling and Reporting by Chorilies.. Slalemenl ol Recommend&d Proclice
applicable lo choritie5 prtrpoiing Iheir accoun15 in accordancè wilh the Financial Reporting
stondard app1icatle in the UK and Republlc of Irelond" and the Charities Act 2011.
Th6 Irusl conslilules a public benelil enlity og defined by FRS 102.
The Iruslees consider that there are no moleiiol vncertainlie5 about the Twst's obilily lo conlinue
05 a going concern.
Income recognlllon
All income is recognised once Ihe charity hos enlillemenl lo the income, there ts sulfieienl
certainly ol receipl and io il is probable that the income will be received, and the omounl ol
income receivable can be me05ur8d roliobly.
Donations are recognised wh&n Ihay hove been commurmcoled in wriling wilh nolificalion ol
both omounl ond selllemenl dale. In the event Ihol a donation is subject to conditions thol
require a level ol performonce b$lore the charity is enlilled lo the fvnds. the income is defewed
ond not recognised until either those cor)ditions ore hjlly mel, or the lulfitrnenl of these conditions
is wholly within the control ol Ihe charity. and il ￿ probable thol Ihe condlions will be fulfilled in
Ihe reporting period.
Interest on funds held on deposit 15 included upon nolificalion ol the ir)teresl paSd or payable by
the bonk. Dimdends ore recognised once the dividend has been declared and notificolion hos
been received ol the diwdend due.
Hov$lng propertles and deprèclallon
Tho housing properties ore shown ot cost. plus improvemen15 carried ovt slnce, wh￿h were
funded by a Social Houslng Grant. a mortgage loon from the Housing Corporation secured by a
chorge on housing, land and buildings, and from John Horne Homes own resources. As the
properties ore mainloined in a slate ol repoii svch Ihol their eslimaled residual volve Is rK)I less
thon their Wnprovemenl cost or ¢orrySng amount, the annual charge for deprecialion would be
Inveslmenl$
Fixed 055et irivestmenls ore initially recognised ol Ihelr Ironsaclion value and 5ub5eqvenlly
measured al their matket volve ol Ihe balance Sheet dote vsing tha closing quoted market
prico. The slalemenl ol financial oclivilies in¢ludes the nel gains and losses orising or revdualion
ond disposals throughout th8 y@or.
Reslrlcled und unresfrkled funds
Where applicoble, the occounts dislingui5h between reslricl$d ond unresliicled fund5.
Reslrictod funds ore Ihose whrh are subject lo reslriclion on the purpose lorwhich they moy be
Used. Unrestricted funds ore those where there ore no externolly imposed reslriclions.
Currently there ole no r6$1ricled funds.
Poge g

John H¢)mè Home5
Nol•s to the Ilnonclal 51alem•nts
For the year ended 31 Dec•mbw 2024
Soclal houslng gront
Social Housing Grant ISHGI is poid by the Housing Corporotion to reduce the cost ol
developmenl ond 15 therefore shown as a deduclion fvom the cost ol the htsvsing propertie5 on
the bolonce sheet SHG is repayoble undei certain circumslances. primarily Idlowing the sale ol
o property, bul will normally bo reslricled lo nel pioceeds o1501e.
Investment Income
2024
2023
Dividends
Inteiesl received
13
132
Employees
During the year the overage monlhty number ol odmini%lralion employees (including the cleTk
lo the Iruslee51 15 112024- 11.
There were 5 IrLJslees during the year and the clerk lo the tru51ee5. There was remunerotion ol
£50 paid lo thè Iiuslee Mr R Scales during the yeor 12023 £501.
Tonglble flxed assets- hov$lng propertles
2024
2023
C051
As ot l January 2024
105,077
105.077
As 0131 December 2024
105,077
105.077
Less 8oclal hc*v$lng grant
As ot l January 2024
-49.405
-49.405
As at 31 December 2024
-49,405
-49.405
Nèl book volues as 0131 December
55.672
55,672
Pog* 10

John Horne Homès
Notès to Ihe Ilnanclal stalemenls
For the year ended 31 Docomber 2024
Flx•d o$$el Inveslments
Movement In flxed a$s*l Investments
Morkel volue brought forward at l Jonuory 2024
Add nel goln on revaluation
140,113
7,000
147.119
I24,￿1
15,312
140.113
Deduct net loss on revoluation
Morket value as al 31 Decembew 2024
147,119
140,113
2024
Investment al moTket value
Comprlsed..
Unil trusts l OEICS
147.119
140,113
Holdings in common investment funds. unil trusts and open-ended investment componies ore al
bid price. Assgt soles and purch05es oro recognised al the dote ol trade al costl that IS their
Ironsaclion value).
Crèdllars
2IY24
2023
Amounts falllng due wllhln one yeor
Trade credilor5
1,987
Deslgnuled Unrèstrkled lunds
2024
Extraordlnary repulr fund
As al l Januory 2024
Transfers from generol vnreslricled lund5
6,636
520
As o1310ecembor 2024
7.156
Extioordlnury r•pulr lund
The exlrooidinory repair fund is lo provid¢ loi polenlial future expendilvre on exceplior)al items
ol repair or renewol. An omounl determined by the Iruslees (currently £520 per onnvml is
Iransleffed from general unrestricted funds.
Pagell