REGISTERED CHARITY NUMBER.. 223912 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2025 FOR JOHN HORNE HOMES CHARITY NUMBER.. 223912 Fortus Limited Business Advi50ts & Accounlonls 5 & 6 Manorcourt Manor Garth Scarborough North Yorkshire YOII 3TU
JOHN HORNE HOMES CHARIIV NUMBER.. 223912 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Poge Refer•nc• and Admlnlslrallve Dela115 Report ol the Twslèes Indèpendent Examlner's Report Slat•m•nl of Flnoncknl Acllvllles Balance She Note$ to Ihe Flnanclal Sltslèments 7 10 12 Detolled Statement of Flnanelol AcllvlNè$
JOHN HORNE HOMES CHARITY NUMBER.. 223912 REFERENCE AND AOMINISTRAIIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2025 TRUSTEES Mr R Sco19s (Chairmanl Mr5 J Scales Mrs E Sl&ghlholme Mrs J Bales Mrs A Turner Mr S Pinder lappoinled 13.11.251 PRINCIPAL ADDRESS Londesborough Road Scarborough Ncylh Yorkshire YOII 5AQ REGISTERED CHARITY NUMBER 223912 INDEPENDENT EXAMINER Fortus Limiled Businoss Advisor5 & Accountants 5 & 6 Manor Court MonorGorth Scarboro¢Jgh North Yorkshire YOII 3TU SOLICITORS Tvbbs & Co 106 Victorio Road Scarborough North Yorkshire YOII ISL BANKERS Lloyds Bank PIC I st Nrholas Street Scarborough North Yotkshire Yoll 2YY Page I
JOHN HORNE HOMES CHARITY NUMB£K' 223912 REPORT OF THE IRUSIEES FOR THE YEAR ENDED 31 DECEMBER 2025 The Iruslees FKesent their rewrt wlh the financial slolements ol the charity lor the yeor ended 31 December 2025. The Iruslee5 have odopted Ihe provisrnS ol Accounting ond Reporting by Charit5.. Slalemenl ol Recommended Practice applicaLAe lo chorities FKeporing their accounts in occordance with the Finonciol Reporting Slandard opplicable in the UK and RepU1C ol Irelond IFRS 1021 lelleclive l Jonuory 20191. OBJECTIVES AND ACTIVITIES Oblecllves and alm5 The lond comprises approximately 900 squore yards. hawng a Iiontoge lo Londesborough Road, Scarborough. Ihg John Home Homes building comprises 018 Ilols. The Iru5tees sholl apply the income ol the chority lor Ihe benefit ol the residents ol Ihe charity in such a manner as the Iruslees think fit from lime lo lime. aller haviru poid the cost ol repairs. insurance ond oll other chorges and oulgoings poyoble in respect ol the property ol th8 chorfty ond oll other proper costs incidenlol lo the odminislralion and management ol the chorily. Publlc beneflt The object ol the charity ig lo house persons ol limited meonl resident in the borough ol Scorborough. with a preference lor persons who were born in the said borough. In planning our oclivilies. we have kopt in mlnd the Chority Commission's guidance on public benefit. The policy is lo continue lo provide comlortoble occommodalion lor quolifying persons. with constant rewew ol moinlenonce and upgrading ol the property. ACHIEVEMENTS AND PERFORMANCE Charllable actlvllles There hove been no material changgs in Ihe pdicies adopted in order lo ochieve the charity'5 objectives, which Ihemsalvel remain unckjroed. The lelling ol the Ilotl remained al a high level with few vaconl period5. FINANCIAL REVIEW Flnanctal poslllon The results lor the year are as expected given that the charity 15 ieliant on contributions from residents ond income from inveslmenls. The Iruslees consider thol they are continuing lo lulfjl o need in the housir*J market ond residents contributions will continue lo be received ol 0 similor level lo those shown in the financiol 5totemenls. The Iruslee5 strive lo achiove o high slondard ol accommodotK>n ond believe that they will conlinue lo hove resource% lo do so in the loreseeoble lulure. Invwlmenl pollcy and oblectlves These are governgd by the Trustees Inveslmenl Act 1961. The investment in the Exlraordinory R6poir Fund is specilicolly lor the purposes ol the &xtroordinary repairs lo, impiovement ol. or rebuilding ol the Ilols. Investment in the Extroordinary Repair Fund 15 £240 per onnum or such greater sum os moy be agreed by the Iruslees. STRUCTURE. GOVERNANCE AND MANAGEMENT Gov•rnlng documenl The chority is controlled by ils goverrring document, o deed ol trust and conslitules on unincorporated charity. The charity was lomed by Deed of Trv5t doted 19 June 1909 and a sch@me ol the Charity Commission on 10 November 1976. The charity d$ nol aclivety IvndroL%e and seeks lo continue its work Ihrough the careful stewardship ol ils existing resouices. Recrullment and oppolnlmenl of new trustees The body ol Iruslees shall con51St, when complele. 017 compelenl p8rsons being co-oplalive Iruslees. The Co-oplolive tIU5tee% gholl be persons who through residence. occuKxJlion or employmenl. or otherwise. ve 0 special knowledge ol the oreo ol benelil. The appointment is for 0 5 yeor term by a re5Ul10 ol the trustees PO55ed al a special meeting. Page 2
JOHN HORNE HOMES CHARtIY NVM8ER: 223912 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025 SIRUCTURE, GOVERNANCE AND MANAGEMENr Rlsk management The trustees hove assessed Ihe major risks lo which the charity is exposed, which are health and 50fgty, ond this is considered regularly at Iru51eo5' meglings ond oppropriote risk ossessmenls undertaken.. financial security lor the charity and residents. which the Iruslees feel managed through o low-risk investment policy and through inteinol control-, ond linolly. Ihere Is o risk ol property domoge lor which the Iruslee5 bdieve there is odequale insurance cover and the condition ol the property 15 regulorfy ieiqewed. Approved by order ol the board ol ITuslee5 on l*-. tlA¥.. 2oW......... and suned on its behalf by.. Cleth lo the Tr Page 3
INDEPENDENT EXAMINER'S IIEPORT TO THE TRUSTEES OF JOHN HORNE HOMES Independent examlnerf5 report lo lh• trustees of John Horne Homes I report lo the charily Iruslees on my examinotion ol the occounls ol John Horne Homes Ilhe TIus11 lot the ye(y ended 31 December 2025. Responslbllllles ond basls of report As the chorily IrLJslees ol the Trvst you ore responsib lor the preparation ol the cOUnt$ in oc¢ordonce wilh the requirements ol the Charilies Act 3)1 I I'the ACYI. I reporl in respect ol my examination ol the Trust's occovnts corned out under Section 145 01 the Act ond in carrying out my gxominolion I have followed all applicable Directions given by the Charity Commission under Section 145151 Ibl ol the Act. Independent examlnerf5 Stalemenl I hove completed my examination. I confiim that no moleriol mollers have come lo my attention in connection with the exominolion gilqng me cause lo believe that in any malerDI iespect: accounting records were rK>t kept in respect ol the Trust as required by Sedlon 130 01 the Act.. or the occovnts do nol occord with those records,. or the accoun15 do not compW with the applicable requirements concerning the fom ond content ol occountl sel oul in the Charities IAccounls ond Reports) Regulolions 2008 other than any requirement that the occount5 give a true and lair view wh'ch is not a maller cowidered os r)wt ol an independent examination. I hove no concems and have come across nts other mallers in connection with the gxominolion to which attention should be dr(Jwn in this report in order to enOts o proper underslanding ol the accoun15 to be reached. FJr) Mr POLA Dixon FCA Fortus Limited Business Advisors & Accounlanls 5 & 6 Monorcourt Monor Garth Scotborough North YoTkshire YOII 3TU t>ale'. Page 4
JOHN HORNE HOMES CHARITY NUMBER.. 223912 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Unrestiictod funds 2024 Total lund5 Note5 INCOME AND ENDOWMENTS FROM Donation5 and legocies 370 Charllable acllvlllè$ Re%denlial hou%ng 27,264 26.167 Investment income 128 132 Total 27,762 26.299 EXPENDITURE ON Charllable acllvllle$ Residential housing 11,338 23,055 Nel gainslllossesl on investments 2.9911 7,CM)6 NET INCOME 13,433 10.250 RECONCILIATION OF FUNDS Totol funds brought forward 296,132 285,882 TOTAL FUNDS CARRIED FORWARD 309,565 296.132 The notes l¢xm port ol these financial slalements Poge 5
JOHN HORNE HOMES CHARITY NUMBER: 223912 BALANCE SHEET 31 DECEMBER 2025 2025 UnreStrted funds 2024 Tolol funds Notes FIXED ASSETS Tongible ossels Inveslmenls 55,672 144.128 55.672 147.119 199.8(X) 202.791 CURRENT ASSETS Cash al bank 111,857 95,328 CREDITORS AmoLJnls falling due wlhin one year 12,0921 11,9871 NET CURRENT ASSETS 109.765 93.341 IOTAL ASSETS LESS CURRENT LIABILIIIES 309,565 296,132 NEt ASSErs 309.565 296,132 FUNDS Unreslricled funds 309.565 296,132 IOTAL FUNDS 309.565 296,132 The financial slalemenls were approved by the Board of Trustees and aulhorised lor issw on i..,. ..MAg..A.p.Zb..... and were signed on ils behalf by.. Ttustee Trust The note5 form part of Ih85e linoncial stolements Page 6
JOHN HORNE HOMES CHARITY NUMBER.. 223912 NOIES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Bosk of preparfng Ihe flnanclal stalements The linonciol stotemenls ol the charity. whh is a public benefit entity undor FRS 102. hove been prepared in accordance with the Chorilies SORP IFRS 1021 'Accounling ond Reporting by Chorilies.. Slalement ol Recommended Practice applic0e lo chorilies preparing thgir occounls in accordance th the Financial Reping Stondord applicable in the UK ond Republic ol Ireland IFRS 1021 lellective l Jonuary 20191.. Fimncial Reporting Stondord 102'The Financiol Reporting Standard applicable in the UK and Republic ol Irelond, ond the Charities Act 2011. The linancial slalemen15 have been prepared under the hisloricol cost convenlion, with Ihe exceplion ol IntmentS which are included at mothel value, a5 modified by the revaluation ol certain assets. Income l income is recognised in the Statement ol Finala1 Activilies once the charity hos entitlement to the funds. il is prclx)ble that the income will be received and the omounl can be measured reliab. Expendllure Liabilities are recogni5ed os ¢xpendlure as soon a5 there is o leool or constructive oblioolion committing the chority lo that expendituio, il 1% probable Ihal a Iran5f8r ol economic benefits will be required in selllemont ond Ihe omounl ol the obli9Qtion con be measured reliabty. Expenditure is occovnted lor on an accrua15 basi5 ond has been classified undei heodings that aggregate all cost related lo the category. Where costs cannot be directly allribuled lo partivlar h8odings they have been ollocaled lo activities on o basis consislenl the v5e ol resources. Tanglble flxed a55et5 Depreciolion is provKled al the following onnuol rale5 in ordei lo wrile tsll eoch asset over ils eslimoted uselul life. Fre6hold property The housing properties are shown ol cos1. plus improvements corried oul since. which were funded by a Sociol Houslng Grant. a mortgoge loan from the Housing Cotpoiotion secured by a chorg8 on housing. land and buildings. ond from John Horno Homes own resources. A5 the properties are mointoined in a slate ol iepoir such that their estimated residual volue is not le55 Ihon their improvemenl coil or conying amount. the onnvol charge lor depreciation WOU be nil. Taxallon The charity is exempt from tox on ils charitable aclimties. Fund accounllng Unreslricled funds con be used in accordance with the chaiiloble objective5 at Ihg discrelion ol the trustees. Reglricled funds can only be vsed lor particular reslricled pvrposes within the objec15 01 the chority. Re51rictions orlse when specified by tho donor or when funds are roised lor particular reslricled purposes. Further explonolion ol the nature and purpos¢ ol each lund is inclLtled in the notes lo the financial slalemenls. Page 7 continued...
JOHN HORNE HOMES CHARITY NUMBER: 223912 NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR THE YEAR ENDED 31 DECEMBER 2025 INVESTMENT INCOME 2025 2024 Divilends received Deposit account interest 128 132 TRUSTEES. REMUNERATION AND BENEFITS There were no Iwslees. remvnerolion or other benefits the year ended 31 December 2025 nor lor the yeor ended 31 December 2024. Trusle•s' expenses 2025 2024 TnJsleè%' expenses 50 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrted funds INCOME AND ENDOWMENTS FROM Charllable aclSvllles Rosidenlial housing 26,167 Investment income 132 Total 26.299 EXPENDITURE ON Charllable actlvllles Residential housing 23.OS5 Nel gains on invellmenls 7,IJ06 NET INCOME 10,250 RECONCILIATION OF FUNDS Total funds broughl forward 285,882 TOTAL FUNDS CARRIED FORWARD 6,132 Page 8 continued...
JOHN HORNE HOMES CHARITY NUM8ER- 223912 NOTES TO THE FINANCIAL STATEMENTS - conllnu•d FOR THE YEAR ENDED 31 DECEMBER 2025 TANGIBLE FIXED ASSETS Freehold property COST At l January 2025 ond 31 December 2025 55,672 NET BOOK VALUE At 31 December 2025 55.672 At 31 December 2024 55,672 Social Housing Gran15 ISHGI are poid by Ihe Housing Corporation lo reduce the cost ol development ond is Iherelore shown as a deduction from the c0510l housing properties on the bolance Sheet. SHG'S are repoyoble under certoin circumstances. primarily 105Eowing Ihe sole ol o property. bul will normally be restrted lo nel proceeds ol sale. The closing balance ol fveghold property Is therefore calculated lollow5.' Original cost plu5 imrKovemenls Less.. Sociol Hou%rKJ Grant 105,077 49,4051 55.672 FIXED ASSET INVESTMENTS Unlisted investments MARKET VALUE Al l Jonuory 2025 Revaluation5 2.9911 At 31 December 2025 144,128 NE[ BOOK VALUE Al 31 December 2025 144.128 At 31 December 2024 147.119 There were rK) investmgnt 01s6tg oulgKle the UK. The inveslmonl portfolio consists solew ol COIF Charities Inveslmgnl Fund 0¢cumution and income units. Page 9 continued...
JOHN HORNE HOMES CHARITY NUMBER.. 223912 NOTES TO THE FINANCIAL STATEMENTS . conllnued FOR THE YEAR ENDED 31 DECEMBER 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 21Y24 Olhercredilo 2,092 1.987 MOVEMENT IN FUNDS Net movement in lund% Transfers betwgen funds Al 31.12.25 Al 1.1.25 Unrèstrlcled funds General fund Exlroordinary repair fund 288.976 7,156 13,433 15201 520 301,889 7.676 296,132 13.433 309,565 TOTAL FUNDS 296,132 13.433 309.565 Nel movement in funds, InCIled in the above are 0% follows.. Incoming resources Resources expended Gains ond Movement loss in funds Unreslrlcled funds General fund 27.762 111.3381 2,9911 13.433 TOTAL FUNDS 27.762 11,3381 13,433 Comparallves lor movem•nl In lunds Nel Movement in funds Tronslers befvieon Ivnd5 Al 31.12.24 Al 1.1.24 Unresltlcled lund5 General fund Exlraordirv]ry repair fund 279,246 6.636 10.250 15201 520 288.976 7.156 285.882 10.250 296,132 TOTAL FUNDS 285,882 10.250 296,132 Poge 10 continued...
JOHN HORNE HOMES CHARITY NUMBER.. 223912 NOTES TO THE FINANCIAL STATEMENTS- conllnv•d FOR THE YEAR ENDED 31 DECEMBER 2025 MOVEMENT IN FUNDS . conllnued Comparative nel movement in funds. inclvded in Ihe above are as lollow%.' Resources expended Incoming resovices Gains ond losses Movement in funds Unrestrlcted lund$ Generol fund 26.299 123.0551 7.(K)6 10,250 TOTAL FUNDS 26.299 23,055 7,006 10,250 A current yeor 12 month5 ond prior year12 months combined position is 05 lolbws.. Nel Tronslers movemenl belween in funds funds Al 31.12.25 Al 1.1.24 Unr•slrlcled Ivnd5 General fund Extraordinary repar fund 279,246 6,636 23.683 11.0401 1,040 301.889 7,676 285,882 23,683 309,565 TOTAL FUNDS 285.882 23,683 309,565 A current year 12 months ond ptior year 12 months combined nel movement in funds. included in the above are os follows: Incoming resources Resources expended Goins ond losses Movement in funds Unre$trtcled fynds General lund 54,061 134,3931 4.015 23.683 TOTAL FUNDS 54.061 34.393 4,015 23,683 The extraordinary repoir fund is lo provide lor potential lulure eypendilvre on exceplionol Items ol repair or renewal. An omount delemined by the trlee5 Icutrenmy 20 per annuml is Ironslerred from general unrestricted funds. Poge 11 continued...
JOHN HORNE HOMES CHARITY NVMBER.. 223912 NOTES TO THE FINANCIAL STATEMENTS. conllnued FOR THE YEAR ENDED 31 DECEMBER 2025 RELATED PARIY DISCLOSURES There were no rebled party tronsocliom lor the year ended 31 December 2025. Pagg 12
JOHN HORNE HOMES CHARITY NUMBER: 223912 DEfAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 SNCOME AND ENDOWMENTS Donotlons ond legacles Donations 370 Investment Incom• Dividends received Depo%t occounl interest 122 13 128 132 Choiltabl• acllvllles Residents contributions 27,264 26.167 Total Incomlng resources 27,762 26.299 EXPENDITURE Charllable u¢llvlll•s Truslees, expenses Insurance Light and heat Postage and stolionery Repair5 ond mainlenon¢e Garden maintenance Subscriptions Sundry expenses 50 1,459 409 1,237 525 4.461 1,720 1.066 505 17,063 1,640 921 9,670 21.447 Support costs Governance cost$ Accounloncy lees 1.668 1,608 Totd resources expended 11.338 23,055 Net Income 16,424 3,244 Thlg wge does fK)I form part ol the 51atvtory financial slatemonts Pcoe 13