CHARITY REGISTRA TION NUMBER: 224669
JOSEPH CROSSLEY'S
ALMSHOUSES
FINANCIAL STATEMENTS
30 JUNE 2025
Streets.

JOSEPH CROSSLEY'S ALMSHOUSES
FILYANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2025
CONTENTS
PAGE
Officers and professional advis¢r5
Trustees, report
Independent examinetr's report to the Triistees of Joseph Crossley's
Almshouses
Income and expenditure account
Statsment of f￿ancial position
Stateinent of cash flows
io
Nolcs to tlie finajicial statemciits
li

JOSEPH CROSSLEY'S ALMSHOUSES
OFFICERS AND PROFESSIONAL ADVISERS
THE TRUSTEES
A Kendall
L Mullin
M Archer
RA Price
J Kendall
P Bowerman
S Christic
S Price
A Boyd
Chair
Vice chair
REGISTERED OFFICE
12 South Royd Avenue
Halifax
West Yorksliir¢
HX3 OBL
ACCOUNTANTS
Sti'eets Spens¢r Wilson (Yorkshire) Limited
Cliartered Accounlan¢s
Equitable House
55 Pellon tAne
Halifax
West Yorkshire
HXI 5SP
Barclays Bank PIC
POBox14
Halifax
West Yorkshire
HXI IBG
SOLIcrroRS
Wilkinson Woodward
I l Foiintain Street
Halif&
West Yorkshire
HXI ILU

JOSEPH CROSSLEY'S ALMSHOUSES
TRUSTEES, REPORT
YEAR ENDED 30 JUNE 2025
The tiuskes present their report and the fiimncial statements of tl?¢ charity for the year ended
30 June 2025.
PRINCIPAL ACTIVITIES
Josepli Crossley's Alinshouses is acharitable Trust (Assg¢iation) with an independent Board of Trustees
providing accommodation for p¢rsons, of noi les5 dian sixty years of age, on low in¢omes, who at the
time of appointment are regular attendees at a Protestant Cliurch. The Charity aims to provide a
eotnfortable, caring Clwislian ¢nviroEtment for its, residents.
TRUSTEES
The trustees who served the coinpany during the year were as follows:
A Kendall
L Mullin
M Archer
R A Price
J Kendati
P Bow¢rniaii
S Christi¢
S Price
A Boyd
Chair
Vice chair

JOSEPH CROSSLEY'S ALMSHOUSES
TRUSTEES, REPORT (c•rfliwei9
YEAR ENDED 30 JUNE 2025
REI VIEW OF RESULTS FOR THE YEAR
For the year under r¢vi¢w the Charity had a siirplus of £44.190 (2024.. £48,351). ThFS was after
undertaking major repairs amounting to £32,141 (2024: £47,364). This is made up of cyclical repaits
£10.627 (2024.. £6,635) and exts'aoi'ditLary repairs £21.514 {2024: £40,729).
PUBLIC BEIYEFIT
Tlie Tn]ste¢s have ¢onsidered tlie Charity Cominission guidance on public bcncfit and considerthatthey
have m¢t their obligation by PToviding housing Éo individuals over sixty years of age on low intomes.
STATEMEf4T OF COMPLIANCE
The Tnjstees confirm that the Association has eomplied with the Homes and Communities Agency's
Goven)ance and Financial Viability Standai'd Code of Practi¢e,
CHAIR'S REPORT
Last year we reported our tn05t stable year in ternis of Resident turnover, and l am pleased to be able to
say that tlie run has continued over the last 12 inonths. However, towards the end of the year. we we
sad that one of our longest standiiig Residents had r¢a¢hed the point where she could no longer meet the
criteria for independent liviiig and Betty Nichol moved into Trinity Fold in Marcli. In April, Peter and
Elizabeth Oates also moved out. Sadly, Peter was siiffei'ing from tenninal cancer, and moving before lie
died seemed the best plan for Elizabetli. Peter was deterniined to makc it to his 90th Birthdayy on 5tli
May. and we were pleased that he did. Many Residents and Trustees attended a celebration at his new
hom¢. Peter died peaiefully on 18th May.
We have continued to see the financial benefits of that stability. though we are conscious that it is likely
we will liave & number of vacancies in the near future. W¢ have a number of Resident5 With deteriorating
health problems. The Trustees and wardens hav¢ be¢n involved in a number of discussions ivith C&Ers
and families to ensure the Residents get the b¢st care possible. Our surplus ￿ndts. could well be CRlled
upon to renovate some flats tliat long 5taiiding Residents have been ocellpylllg.
Our Wardens have continued to be a great success, though th¢y hav¢ suffered some of their own health
issues recently. Both have now signed pertnaiient contracts. and plan to be with us for some years yet.
The Trustees are very grateful foT their dedication to the role, the support they give our Resident5,
workillg flexibly when required. The Chair Exercise classes njn by Kim have been very successful and
are well attended.
There have been no personnel changes in the lasttwelve months, wtrLich is beneficial as we have a very
strong team of Trustees, Wardems and officials. Our treasurer has mov¢d our Bartilays r¢5¢Tve lo
Epworth wliere it attracts a better rate of interest and Continues to keep abr¢ast of the financial position
and keep the Tn]stees infonned.
We have made some signifJc8nt investments in the property over the last hvelve months, continuing the
rollout of new windows, and installing ittcr¢a5¢d loft insulation in half the flats. installing CCTV and
fitting motors to the gatss at the rear of the propetty in order to stop cars cutting through.

JOSEPH CROSSLEY'S ALMSHOUSES
TRUSTEEST REPORT (coiiliiuied)
YEAR ENDED 30 JUNE 2025
We liave coinpleted considcrablc work on standardi5ing our Policies to be based on the Alnisliouse
Association guidance, with inany policies being r¢-writt¢n, some new 011¢5 being iiitrodiiL¥d, and all of
these beiiig published on OUT web site. ajid printed copies made available to thc Rcsidcnts. We iiow have
a 5cliedul¢ for reviewing these policies so that they will always remain current. I would like to tliank the
Truste¢s for all the work they have done on these. aiid this has left us in a much stronger place th￿] w¢
were 12 months ago.
W¢ reported last year th&t we would Ii)ok 8t d¢-registering as a provider of social housing, and whilst
this 1.4 not yet complct4 signifLcant work has been towards it done. The process should near completion
in the next few months. Gill, our Gl¢rk has cotktinued lo do a wonderfLII job, managing our applicants
whilst we have not liad any vacancies. and managing a mountain of ctsmmunications. and l am sure all
the Trustees ivill join with Ine in expressing oui. grntitude for all that slie dues.
Alan Kendall
CLERK'S REPORT
The Almshouses liave b¢¢n close to fully occupied through0￿ the year. Flat 9. the property previously
occupied by the warden has now been utilised as a base for our day wllrdens. a conference rooin and a
bedroom for vi51ting relatives.
The Founder's Day service in June was led by the Revd Keny Tankard, Chair of th¢ West Yorkshir¢
Methodist District and attended by the Mayor of Halifax. Anne Kingston and Steve Dun¢an, d¢puty
Lvrd LieuteT]ant of Yorkshire. Residents and Friends elljoyed a hearty tea aft¢r tli¢ s¢rvic¢.
Th¢r¢ h&v¢ been no new trustee appointsnents or resignations in the year. There is still, however. a n¢¢d
for additional finance trustees to assist iii this area.
The joint wardens, Kim and Angela who had bcen appointed on a trial basis are iiow on pennanent
contracts and arc proving to be popular with residents and Trustee5 alike.
Thursday s¢tviccs hAve continued with the usiial mix of visiting preachers leading ivorsliip. The list of
worship leaikrs has groivn over tlie last few years giving r¢bidgnts' a wide variety of different worship
styles. Thanks are due once again to our pr¢achers and accompanists for their loyal service.
The administrative burdetlfor stnall organisations such as ours continues to grow aftd the Trustees begRn
the pmc¢ss of devegistratioll from the National Register of Soeial Housing. The report to die Charity
Commission has grown in Scope over the last few years and th¢r¢ is now a requircment for an annual
report to the Houbing Ombudb-rnan. The Almshouses Association ¢ODlinues to be a valuable souwe of
information and advice.
Gill Brook¢

JOSEPH CROSSLEY'S ALMSHOUSES
TRUSTEES, REPORT (c￿￿￿￿￿tra¢d)
YEAR ENDED 30 JUNE 2025
INTERNAL FINANCIAL CONTROLS
The Board is responsible for enguring that the Charity inaintains a systeEn of int¢mal financial Conlrol.
including suitable Inonitoring procedui'es. Tlie system is designed to ensure the maintenance.
of proper accounting re¢ords and the reliability of the fiiiancial information used by the Board or for
publication, but any such system CRn only provide reasoiiable, and not &bsolute, assurance against
misstatement or10ss.
In fulfilling these responsibilities the Board has reviewed the effectiveness of the syst¢m of int¢mal
controls on the basis of the criteria set OLIt in the H0115ing Corporation circular'lnternal financial Control
and fmanoial reporting,.
The Charity's main iiiteimal controls during the financial year in¢luded..
(a) clear responsibilities on the part of finaiicial managem¢nt for tli¢ maintenance of good financial
controls and th¢ production of accurate and timely financial management inforn)&tion
(b) subj¢cting all planned major propety maintenance to a detailed risk assessinent pr￿esS
(c) detailed monthly budgeting and Irporting of opuating surpluses and cash flows with regular review
by management of variances from budgets
(d) the control of key financial risks through clearly laid down authorisatton lev¢ls and segregation of
accounting duties
(¢) review by the Board of the effectiYerLess of the system of intemal financial controls.
The Board confms that it has reviewed the effectiveness of the system of internal financial control and
the system as a whol¢ was found at the time of approving the financial statements to be g¢nerally
appropriat¢ to th¢ scale of the Charity's activities.
The Trustees continued to exercise diligent manageittent and control of tlie Charity's finances.
RESERVE POLICY
Tile Revenue R¢serve is maintained at a level which, in the opinion of the Twstees, is &ppropriate to
provid¢ for th¢ commitments of the Charity for the foreseeable future.
The Tiustees set aside a sum each year for Cyclical and E¥traordinary Maintenance. These sums are
based on the recommended amount per unit as advised by the Almshoiise Association. The Trusl¢es
have evaluated these figures And, from previous experience, believe they are adeqiiate for the typ¢ of
property held by the Charity.
VALUE FOR MONEY ASSESSMENT
The A550ciation has Tnallaged to keep contributions from residents at the same level as in the previous
year, while continuing lo niaintain and invest in the properties. whilst also reducing the deficit from tlie
pr¢vioiis ycar. The Trustccs tlierefore believe that they have demonstrated their commitment to
achieving value for money.

JOSEPH CROSSLEY'S ALMSHOUSES
TRUSTEES, REPORT (Coll11￿lled)
YEAR ENDED 30 JUNE 2025
TRUSTEES
Trustees ar¢ appointed from local churches. They hold office for five years aiid are then put fonvard for
re-appointment. On becoming a Trnstee they are given a copy of the Resident5, Handbook, a]Id also the
Charity Commission Haiidbook. They ar¢ pi'ovided willi an inductioll, and, during their length or
seivice. with a copy of the Almshouse Federation quarterly mAgazine. Newly appointed TI￿SteeS
accompany existing TrLlStees on several visits to residents and prospective resident5, in ol'der to gaitL
experienee. After these initial inductions, they then vasit residents on theii. own.
STATEMEiYf OF RESPONSIBILITIES OF THE BOARD
Housing Association legislation requires the Boai'd to prepare financial stateinents for each financial
year which give a and fair View of the state of affairs of the Charity as at tlie end ot tlie financial
y¢ar and of the incotne and expendittire foi- the year ended on that date. In preparing those financial
statements th¢ Board is required to-.
a) select suitable accounting policie8 and tlien to apply thtin consistently
b) make judgements and estimates tliat are r¢asonabl¢ and prudent
c) state whether applicable accounting standards have been followed subject to any materi21 departures
dtsclosed and explained in the financial statements
d) prepare the financial statements on a going concern basis unless it is inappropriat to presume ihat
the Association will continlte in operational existence.
Th¢ Board is Tesponsible for keeping proper accounting retords which disclose with reasonable
ac¢uracy at any time the financial position of the Charity and to eiiable it to ensure the financial
stal￿DentS comply with thc Industrial and Provident Societies Act 1965 to 1978, the Housing Act l996
and the Accounting Direction for Private Registered Providers of Social Housing in England 2019. Th¢
Board is also responsible for establishing and maintaining a S2( tisfactory system of control of tlie books
of accounl the cash holdings and all the receipts and remittances of the Cliarity and hence for l&king
r¢asonabl¢ steps for th¢ prevention and detectioii of fraud and other iiTegularitTes.
This report WRS approved by the board of directors on I l December 2025 and signed on behalf of the
board by:
A Kendall- Chair
Trustee
Registered office..
12 South Royd Avenue
Halifax
West Yorksliire
HX3 OBL

JOSEPH CROSSLEYIS ALMSHOUSES
INDEPENDEI IYT EXAMINI ER'S REPORT TO THE TRUSTEES OF JOSEPH
CROSSLEY'S ALMSHOUSES
YEAR ENDED 30 JUNE 2025
RESPONSIBILITIES AND BASIS OF REPORT
As tlie trust¢¢s of the charity you are responsible foi. die preparation of the financial stateineiits in
accordance with the requirements of the Ch&rities Act 2011 {'tiie Act,).
I report in respect of my examination of the chai'ity's financial stateinents carried out under section 145
of the 201 l Act and in calrying OLIt my exainination I have followed &ll the applicable Directions given
by th¢ Charily CommissioTL ullder s¢ctiOT] 145(5)(b) of the Act.
INDEPENDENT EK4MINER'S STATEMENT
I have completed my examination. I ci>nftrm that no material matters have come to my att¢ntioJi in
connection with the examination giving me cause to beli¢v¢ that in any material respect-
accounting records were not kept in respe¢l of the charity as r¢quir¢d by seclion 130 of the
Act- or
the financial statements do not accoi'd with those records. or
the finan¢ial statements do not coinply witli the appli¢abl¢ requiremenls ¢on¢erning the foi
and content of accouiits set out in the Charitie4 {Accouiits and Reports) Rcgulations 2008
other than any requirement tl)at the accounts give a 'true and fairf view which is not a matter
consid¥r¢d a5 part of an independent examinalion.
I have iio concerns and have Come across iio other matters iii Connection with the ¢xamination to whirh
tt¢ntion should be drawn in this report in order to enabl¢ a proper understanding of the accounts to be
r¢ach¢d.
S R Sliacklock FCA
Ind¢p¢ndent Examiner
Equitsble House
55 Pellon Lan¢
Halifax
West Yorkshire
HXI 5SP
I l December 2025

JOSEPH CROSSLEY'S ALMSHOUSES
INCOME AND EXPENDITURE ACCOUNT
YEAR ENDED 30 JUNE 2025
2024
Note
INCOLKE
143,263
131,969
Operating expenditure
Other operatiiig income
OPERATING PROFrr
111,479
14,669
46,453
118,038
21,434
35,365
Gain/(loss) on financial assets at fair valu¢ through profit or loss
Other iiiterest receivable and Similar income
<2,263)
12,978
SURPLUS FOR THE FINANCIAL YEAR
44,190
48,351
RETAINED EARNINGS AT THE START OF THE YEAR
267,964
312,154
219,613
267,964
RETAINED EARNINGS AT THE END OF THE YEAR
All the activities of the Charity are from continuing operaiions.
The noles on pages 11 to 15 form part ofthese financial statements.

JOSEPH CROSSLEY'S ALMSHOUSES
STATEMENT OF FINANCIAL POSITION
30 JUNE 2025
2025
2024
Note
FIXED ASSETS
Tangible assets
li
490,760
497.781
CURRENT ASSETS
Debtot
Investments
C.a81) at bank and in hand
12
13
1,048
216,621
99,846
317,515
909
217,213
59,086
277208
CREDITORS: amounts falling due
withiii one year
14
10,654
15.312
NET CURRENT ASSETS
306,861
261.896
TOTAL ASSETS LESS CURRENT
LIABILITIES
797ffj21
759,677
CREDITORS: am04Ents falling due after
more th#n yeur
Accruals and deferred income
424,587
373,034
430.833
NET ASSETS
328,844
CAPITAL AND RESERVES
Capital reserve
Revenue Teserve
16
60080
312,154
60,880
267,964
TOTAL CHAIUTY FUP4DS
373,034
328.844
Th¢se financial statements were approved by the board of trustees auiliorised for issue on
I l December 2025, and are signed ort belialf of th¢ board by..
A Kendall
Trustee
The notes on page5 11 to 15 form part of thege financial statements.

JOSEPH CROSSLEY'S ALMSHOUSES
STATEMENT OF CASH FLOWS
YEAR ENDED 30 JUNE 2025
2025
2024
CASH FLOWS FROM OPERATING ACTIVITIES
Surplus for tlie financial year
44,190
48.351
Adju.sliiienu'foi"
Depi'eciation of tangible ￿5¢t$
Gov¢minenl grant iii¢ome
(Gain)Ila.qs on financial assetg at flir value through profit or loss
other interest receivable and similar incO￿t
Aecrued expenses
7,021
(6246)
2263
7,021
(6,246)
(12,978)
(8)
355
552
Chaiiges in.-
Trade and otlier debtOf5
Trade and other creditors
{139)
{835)
46.806
(29)
(15,304)
21,162
Cash generated from operalioi)s
Jiiterest received
Net casl) from operating activities
46,806
21.170
CASH FLOWS FROM INVESTING AcrtVlTllI S
Purchases of other investments
Proceeds from sale of other investment8
(2,263)
592
(2,496)
Net cash u￿d in investing activities
(1,671)
(2,496)
CASH FLOWS FROM FINANCING ACTivrriES
Pro¢¢eds from borrowings
Net cash (used inytrom financing activities
(4,375)
(4,375)
4.375
4,375
NET INCREASE IN CA.SH AND CASH FQUIVALF.IYTS
CASH AI+lD CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AIYD CASH EQUIVALENTS AT EliD OF YEAR
40,760
59.086
23.049
36.037
99,846
59,086
Tlie llOt￿ pages 11 10 15 form part of these fthancial statements.
io

JOSEPH CROSSLEY'S ALMSHOUSES
NOTES TO THE FINANCIAL STATELIIENTS
YEAR ENDED 30 JUNE 2025
GENFRAL ThFORMATIOIY
The Association is a i'egistered so¢ial landlord with tlie Regulator of Social Housing (Registration
No. A1274) and a registeiEd Charity. The Cliarities address 15 Ai'den Road, HalifaA HXI 3AA.
sTATEL￿ENT OF COMPLIANCE
Tliese financial ststements hav¢ been prepared in complia]ice witli FRS 102, 'The Financial
Reporting Standard applicabl¢ in the UK and Ilie Republic of Irelaiid, andthe Housing SORP 2018..
Statement of Recommended Practice for Regtslcrcd Social Housing Providers and Comply with
the Accouiiting Direction foi- Pi'ivate Ilegistered Providei's of Social Housing 2019.
ACCOtNTINC POLICIES
Basis of preparation
Tlie Trustees beli¢ve that it is appropriate to prepare the financial statements on a going concern
basis as there are no material un¢ertainties relating to events or Qonditions thatmay cast signifi&￿t
doubt on the ability of the Ch8rity to continue Iradillg for the for¢s¢¢abl¢ future.
The financial statements are prepar¢d An sterling, whicb is the fun¢tional curren¢y of the entity.
Judgements and key sources of estimation uncertginty
The preparation of the fsnancial statements requires managenient to make judgements. estimates
and assumptions that affe¢t th¢ amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, includillg expectations of future events
that are believed to b¢ reasonable under the circumstances.
There are not considered to b¢ any judgements or accounting estimatss or assumptions that I￿ve a
significant inipact on tl)e financial ststetn¥nts
Revenue recognition
Turnover is meMsLired at the fail. value of tlie considei'ation received or receivable and represents
amounts receivable for maintenance conlributioiis, slated nel of voids.
Tangible asse15
Tangible asseÉs are initially recorded at cosL including capitalised structural development work.
and subsequ¢ntly stated at cost less any accumulated depreciation.
Th¢ Charity has adopted the Stat¢m¢nl of Recommended Practice (SORP) Accounting for
Registered Social Housing Providers Updated 2018. Tliis requii'eg the Charity to identify the majoi.
components which make up its Housing Properties and depreciate these over their individual
economic lives.
Th¢ Trustees are of the opinion that the cost of the freehold hol￿ing, land and buildings include
structure only. Bathrooms, kitclien& etc liave not been capitalised. Th¢y have been debited to the
variou5 repair funds.
li

JOSEPH CROSSLEY'S ALMSHOUSES
TrIOTES TO THEI FINANCIAL STATEMENTS (cviillniie
YEAR ENDED 30 JUNE 2025
ACCOUNTING POLICIES
Depi'eciation
Depr¢ciation is calculated so as to write off the cost or valuation of assel,1¢s5 its residual value,
over the useful economi¢ lif¢ of that asset as follows=
Freehold property
I•/D straiglit line
Government grallts
Housiiig Association Grydnts (HAG) are made by the Department of the Environment and are
utilised to reduce the amoiint of mortgage loan in respe¢t of an approved sGh¢m¢ to Ihe avnounl
which it is estitnated can be serviced by th¢ net annual income of the scheme. The amount of HAG
is calculated on tlie qualifying costs ofthe scheine in accordance with instructions issued from time
to time by ihe Department of the Environment.
Tho Wt is recogni5ed at the fair value of the asset received or receivable. Grants are iiirt
I'ECU¥tLised iintil there is reaso1￿ble assurance that the entity will cotllply with the conditions
attaching to them and the grants will be Te¢eived.
HAG grants are recognised using the a¢¢nial model. Under the accrual model, grants relatiiig to
asscts ar¢ rccogniscd in iiicome 01? a systematic basis over the expected usefu] life of tlie a5sel.
FinADelal Instruments
The charity only has financial assets and finanoi&l liabilities of a kind that qualify as basic finatLcial
instruments. Basic financial instruments are initially rc¢ogni5ed at transaction valiie and
subsequently measured at their settlement valu¢ wiih the exception of bank loans which are
subsequently sneasured at amortised cost using the effective interest method.
Defined contribution plAns
Contributions to d¢fined contribution plans are recognised as an ¢xpen5e in the period in which the
related savi¢e is provided. Prepaid contribuÉiofts are recognis¢d as an asset to the extent that the
Pre￿y1nent will lead to a reduction in future payments OT a cash reltind.
12

JOSEPH CROSSLEY'S ALMSHOUSES
NOTES TO THII FINANCIAL STATEMENTS (eoiilintserf)
YEAR ENDED 30 JUNE 2025
INCOM
The whole oft]ie turiiover is ath'ibutable to lh¢ pi'in¢ipal activity ofth¢ colnp￿iY wliolly undeitaken
in the United Kingdoin.
PARTICULARS OF MAINTENANCE COIYTRIBUTION
2025
Maintenance conti'ibution
Less.. Losses from debts voids
J43,520
(255)
143,265
133,516
(1,547)
131,969
There aiE 33 housiiig a¢commodation iiiiits in management in the c￿r￿nt and previous year. The
office flat is not includ¢d in the c&l¢ulation of maintenaiice contributions.
OTHER OPERATING INCOME
2025
2024
Government grant income
Other operating inconie
6,246
8,423
6.246
15,188
14,669
21,434
OPERATING PROFri
operatil￿ profit or Ioss 15 Sta*d after Charging:
2025
2024
Depreciation of tartgible assets
Indcpcndcnt examinatioii
7,021
2,100
2,025
STAFF COSTS
The average number of persons employed by the ¢ompany during th¢ year, including the trustees,
amounted to:
2025
2024
No.
Administrative staff
The aggregate payroll costs incurred during the year, relating to the above, were=
2025
2024
Wages and salaries
15,149
8,662
No eniployee received employment benefits of more dian £60,000 dLiring the current or previous
period.
No Tnistees have received any remun¢ration or oiheT IKnefits in tlie current or previous period.
13

JOSEPH CROSSLEY'S ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS (coiilEniie￿j
YEAR ENDED 30 JUNE 2025
OTH￿[ R INTEREST RECEIVABLE AND SIMILAR INCOME
2025
2024
Tnt¢i'¢st on cash and ¢as11 equivalents
10. TAXATION
The Associatioll is a charity alld therefore i)ot liable to COTporation lax.
11. TANGIBLE ASSKTS
Freebold
property
C05t
At l July 2024 and 30 June 2025
Depr¢ciation
At l Jiily 2024
Charge for the year
At30 June 21)25
702,080
204,299
7,021
2J 1,320
Cariying amount
At30 June 2025
490,760
At 30 June 2024
497,781
12. DEBTORS
2025
2024
Prepayments and accrued income
1,048
909
13. INVESTMENTS
2025
2024
NAACIF investment
COIF inv¢biment
Charinco investment
60,588
92,612
63,421
216,621
59,047
97,036
61,130
217,213
14

JOSEPH CROSSLEY'S ALMSHOUSII S
NOTES TO THE FINANCIAL STATEMENTS (tonfririiedj
YEAR ENDED 30 JUNE 2025
14. CREDrroRS: amounts falling due within one year
2D25
2024
Banlc loaiis and overdrafts
Trade creditors
Acci'uals and deferird income
Social s¢¢iirity and other ￿￿eS
4.375
1,999
8,938
369
9,490
795
10.654
15,312
IS. GOVERJ4MENT GRANTS
The amounts recognis¢d in the financial statements for government gr&nts are as follows..
2025
2024
Reeognised iv crcditors..
Defetyed government grants due within one year
D¢ferred government grants due after more than one year
6246
424587
6,246
430.833
430,833
437.079
Recognised in other operating income-
Government grants released to profit or Ios5
6.246
6,246
18. ANALYSJS OF CHATrIGES IN NET DEBT
At
At l JLLI 2024 C&sh flows 30 Jun 2025
Cash ai bank und in Iiand
Debt due within one year
Current asset investments
59,086
(4,375)
217.213
40,760
4.375
(592)
44,543
99,846
216,621
316,467
271.924
19. RELATED PARTY TRANSACTIONS
Tliere were no related party transactions.
15