GRANTHAM ALMSHOUSE CHARITY
REPORT AND FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 MARCH 2024
Registered Charity No: 224721

GRANTHAM ALMSHOUSE CHARITY
YEAR ENDED 31 MARCH 2024
TRUSTEES
Mr G Cook {Chaimian)
Mr A Finney (Vice Chaimian)
Dr D Roper
Rev S Craddii¢k
Mr P Towns¢nd
Mrs N Famier
Mr M Knight
Mr C Turner
Mr T Harrison
ADDRESS
7 Dawsons Almshouses
Brook Street
Grantham
Lincs
NG316RT
INDEPENDENT EXAMINERS
Streets Chartered Accountants
Enterprise House
38 Tyndall Court
Commerce Road
Lyn¢hwood
Pet¢rborougli
PE2 6LR
PROPERTY MANAGEMENT ADVISORS
Pigott & Hall
36 West8ate
Grantham
NG316LY
SOLICITORS
Ringrose Law
4 St Peter's Hill
Grantham
Linei
NG316QD
INVESTMENT MANAGERS
Castlegate Financial Management Limil¢d
8 Castlegat¢
Grantham
Lincs
NG316SE

GRANTHAM ALMSHOUSE CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the charity for
the year from l April 2023 to 31 March 2024. The Annual Reporl serves the purposes of both
a Trustees, report and a directors, report. The Trustees confirm that the Annual Report and
financial ststements of the charitsble trust ¢omply with the current statutory requirements, th¢
requirements of the charitable company's governing document and the provisions of Ihe
Statement of Recommend¢d Practice (SORP) applicable to charities preparing their accounts
in accordance with the Financial Reporting St8ndard applicable in the UK and Republic of
Ireland (FRS102) (effective l January 2019).
Legg1 #ttd Administrntive InformAtion
Grantham Almshouse Charity is a registered Charity number 224721 within th¢ jurisdiction of
England ￿ld Wales under the Charity Commissioners, Approved Scheme which is dated 14
June 1989. The Principal Office is at 7 Dawson's Almshouses, Brook Street, Grantham,
Lincolnshire NG316RT.
The trustees during the year under review were:
Mr R Wooten (Died August 2023)
Mr G Cook (Chairnian)
Mr A Finney (Vice Chaimian)
Dr D Roper
Rev S W Cradduck
Mr P Townsend
Mr M Knight
Mrs N Farnier
Mr C Turner
Mr T Harrison (appointed 15 December 2023)
Administrntive staff during the year were:
Mr P HooF¢r (Clerk to the Trustees) Retired October 2023
Mr M Grimwood (Cl¢rk to the Tt7JStees) Appointed l November 202/3
Mr T Copestake (Asst Clerk to the Trustees) Died 26 March 2024
Objeetives and Aetivities;
To manage the investments and properties of the Trust and to apply the income of the Charity
for the benefit of the residents of th¢ Almshouses.
The residents of the Almshouses as Hursts Almshouse. Dawson Almshous¢s, Russell
Reads Almshouses and Doroihy Brownlow Almshouses shall be persons aged fifty or above,
in need and who (excepl in special cas¢s to be decid¢d by the ¢ommissioners) hav¢ been
residents of th¢ area of benefit for at least six months, the area of benefit being defuled as the
Diocese of Lincoln, D¢anery of Grantham constituted on the 31 March 1972.
The residents of the Almshouses known as Bradley's Almshouses and Miss Farish Almshouses
shall be women in need agcd fifty or above, who (except in special cases to be d¢¢ided by th¢
commission¢rs) have be¢n residents of the previously defined area of benefit for at least six
months.

GRANTHAM ALMSHOUSE CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Endowment Unrestricted Endowment
Funds
Funds
Funds
Funds
2024
2024
2023
2023
Notes
Illcome
Income from ¢haritable activities:
Altnshouse maintenance contributions
48.673
49,507
lllcome from other trading 8¢ti1'ities:
Investment property rents
Investments
89,085
15,624
92,425
9,699
Totsl Income
153J82
151,631
Expenditure
Cost of genernling funds
Investment prop¢rty maintrnan¢¢
Chthritsble activitie5
41,942
155,595
12,143
117,964
16
Tot•1 expendilur¢
197537
130,107
Net income before other reeognised
g4ins aNd losses
Other recogDi5ed gaills alld losses
Transfer from restricted funds
Transfer to endowmeni funds
Gains l (losses) on other investment
assets
(44,155)
21,524
25,000
33,135
(25,600)
Net movement in funds
13,980
(4.076)
Reconciliation of funds
Total funds brought forward l April
2023
Total funds carried forward 31
March 2024
450,558
4,050,0(bO
454,634
4,050,000
464,538
4,050,000
450,558
4,050,000
Th¢ ststetnent of financial ￿tIvitIeS includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activiti¢s.

GRANTHAM ALMSHOUSE CHARITY
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF G114NTHAM
ALMSHOUSE CHAIUTY
FOR THE YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of the accounts of the above charity for the year
ended 31 March 2024.
Re$ponsibilities Basis of Report
As the trustees of the Charity you are respoiisible for the preparation of the accounts in
accordance w'ith the requirements of the Charities Act 2011 ('th¢ 201 l Act,).
I report in respect of my examination of the Cliarity's accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed the applicable Directions
given by the Charity Commission und¢r section 145{5)(b) of the Act.
Independent Ex*mlner's Statement
have completed Iny examination. l confimi that no material matters have ¢ome to my attention
in connection with the examination which gives me cause to believe that in any material respect..
a¢counling records were not kept in respect of the Charity as required by section 130
of the Act. or
2. the accounts do not accord witli those records. or
the accounts do not comply wilh the applicable requirements con¢¢rning the form and
content of a¢counts set out in the Charilies (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fair, view which is not a
matter Considered as part of an ind¢p¢ndent examination.
I have no coiicerns and have ¢om¢ across no other matters in connection with the examination
to whi¢h attention should be drawn in this report in order to enable a proper understandin8 of
the accounts to be reached.
This report is made solely to the Charity's Trustees. as a body. in accordaiice with Part 4 of the
Charities {Accouiits and Reports) Regulations 2008. My work has b¢en undertaken so that I
might slal¢ to th¢ Charity'5 Trustees those matters l am requir¢d to stale to them in an
Independent Examiner's Report and for no other purpose. To the fullest extent pemiitfrd by
law, I do not acc¢pt or assume responsibility to anyon¢ other than the Charity and the Charity's
Trustees as a body, for my work or for this report.
Jonathan D8y
BA (Hons) FCA
Streets Chartered Accountants, Enterprise House, 38 Tyndall Court, Commerce Road, Lynchwood,
Pelerborough. PE2 6LR
Dale..

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
seleci Suitable accounting policies and then apply them consistentlyy
observe the methods and principles of the Charities SORP (FRS 102).
make judgments and accounting estimates that are reasorkable and prudent.
stale whether applicable UK Accounting Standards (FRS 102) have been followed.
subject to any material departures disclosed and explained iii the financial statements.
prepare the financial statements on the going concern basis unless il is inappropriate
to presume that the Charity will ¢ontinu¢ in business.
The Trustees are responsible for keeping adequate accounting records that are suffici¢nt to
show and explain the Charity's transactions and disclose with reasonabl¢ accura¢y at any time
the financial position of the Charity and enable them to ensure that th¢ financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulaiions 2008 and
the provisions of the Trust deed. They ar¢ also responsible for safeguarding ihe assets of the
Charity and hence for taking r¢asonabl¢ steps for the prevention and detection of fraud and
otli¢r irregulariti¢s.
Independent examillers
Streets Chartered Accountanls, are willing to ¢ontinue in o￿lee and a resolution to re-appoint
them will be proposed al the annual general meeting.
Approved by the Irustees on
d signed on their behalf by=
Mr G Cook
Ch8ir of Trustees

GRANTHAM ALMSHOUSE CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
Structure* governauce and management
a) Methods of &PPOiDtment or election of Trustees
Where vacancies for Trustees arise. new Trustees will b¢ selected and appoinled in accordance
with th¢ tenns of the Charity Commissioners, Schem¢ which includes provisions for the
appointment of a nominated Trustee by South Kesteven Dislri¢t Council and of three ex 0￿[ClO
Trustees who are the Rector and Churchwardens of the ¢cclesiastical parish of St Wulfram,
Graiitham.
b) Policies adopted for tbe illduction and training of Trustees
All Trustees coiifom) to the Code of Governance for Almshouse Charili¢s and newly appointed
Trustees must conforni to the Code of Good Governance for the Voluntary and Community
Se¢lor before commencing their tenur¢.
c) Org*ni$ation41 Structure 8Dd deeision-m&king policies
The Trust¢es. led by a Chairman and Vice Chaimian have held four committee meeiings in the
past year, including the AGM. They make decisions with regard to th¢ Charity's operational
requireinenls and investments.
d) Pay policy for key management penonnel
Trustees revi¢w pay policy aEtnually for key management personnel.
e) Related party relAiion$hips
Trustees are required at each meetin8 to state if they have any related party relationships to
declare.
Financial risk management
The Trustees are am'are of the risks to financial inv¢stments made by the Charity and engag¢ a
qualified Independent Financial Advisor to guide the Charity Trustees in any financial
de¢isions.
StAtement of Trustees, responsibilities
The Trustees responsible for pr¢paring the Trustees, Report and the financial statements in
a¢¢ordance with applicabl¢ law and United Kingdom Accounting Standards (Unit¢d Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales r¢quires the Trusl¢¢s to prepare financial
statem¢nts for each financial which give a true and fair view of the stale of affairs of the Charity
and of its incoming resources and application of resources, including its income and
expenditwe, for that period. In preparing these financial statements, the Trustees are requir¢d
lo:
GRANTHAM ALMSHOUSE CHARITY

become necessary. We aim lo maximis¢ reiurns on the invested reserves, subject to advice
received from our Independent Fii)ancial Adviser, who currently is Castlegat¢ Financial
Management Ltd., 8 Castlcgale, Grantham. Lincolnshire NG316SE.
The Reserves held in the COEF account at the end of 202312024 are £S3,632 from £l13.801.
the decrease reflecting lh¢ additional trajisfers to oiir curr¢nt a¢count used for extensive repairs
to our commercial and almshouse properties. li)terest of £4,831 was a¢crued during the year.
Reserves taken from COIF {£60k) were used for the General repair fund and the Extra Ordinary
Repair fund, and at the start of ?02312024 an additional suni of £65,000 had Ixen been set aside
for us¢ during the nexi financial year.
Entering 2023. investors were w'orried about inflation and a potential recession in the second
half of the year. However 2023 was a much-needed recoi'ery. for both stocks and bonds. This
was thanks to a strong econornyy better than expected corporate earnings and an end to the
interest rat¢ hikes. T¢ch and groM¢h stocks especially benefited as did th¢ rise of Al
fechnologies.
Global stock markets saw significant gains in QI of 2024 due to the resilient US ¢¢onomy and
again around ihe ¢x¢itement of Al. Expectations of inter¢st rate cuts also b(x)sted stocks,
though the pace of these cuts may slower than initially hoped.
With reference to the underlying investments, the Aegon A¢eount has increased during th¢
23124 tax y¢ar from £372,498 10 £400,132, representing a 7.41 /0 increase. The Quilter
Account had increaged from £121,257 to £135,336, representing an increase of 11.6 10/0. The
Quilter A¢oount has increased more du¢ to its focus on sustainable investments. whi¢h has more
of a leanin8 towards l¢¢hnology stocks, which as mentioned above had b¢nefited from the
current economic conditions.
b) Going eoncer
The trust¢es have a reasonable ¢xp¢ctation that th¢ charity has adequate resources to ¢ontinu¢
in operational existence for the foreseeable future. For this r¢ason, they ¢ontinue ￿ adopt the
going wncern basis in preparing the financial statements.

GRAwfHAM ALMSHOUSE CHARITY
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31 MARCH 2024
The Trustees have had regard to the Charity Commissioners, guidance on public benefit where
applicable to the Trust.
Review of Achievements and Performance 2023n024
All Trust¢¢s confom to the Code of Governan¢¢ for Almshouse Charities and new'ly appointed
Truste¢s tnust confomi to the Code of Good Governance for the Voluntary and Community
Sector before commencing their t¢nure.
The Trustees led by a Chairn]an and Vice Chaimian have held four committee meetings in the
past y¢ar, including the AGM. TEiey mak¢ d¢cisioiis with regard to the Charity's operational
requirements and investments.
Trustees review pay policy annually for key managem¢nl personnel.
Trustees are required at each meeting to state if they have any r¢lated paty ￿latiOnshipS to
declare.
The Tntstees are aware of the risks to financial investments made by the Charity and engage a
qualified Independent Financial Adviser to guide the Charity Trust¢¢s in any financial
decisions.
The sub_¢ommittee of Trustees charged with a continuing review of operations and in
accordance with the requirements of SORP (Statement of R¢¢omEnended Praclice) have made
no new recommendations during the year. The Annual Survey of Residents took place during
August 2024 with a 74% response from residents and the average satisfaction rating was 950/0.
with univcrsal praise for the work done by our Clerk and Assistant Clerk. Trustees continue to
reviewed the process to ¢mphasise the importance of our Stakeholders Survey which will
continue throughout the year. Our residents Continue to benefit from regular daily contact and
maintenance requiffments from our Clerk to Trustees and his team. The SORP committee will
continue to seek operational improvements where appropriate.
In the year w¢ have made extensive repairs to 2 list¢d buildings paying parti¢ular ati¢ntion to
roofs and chimney stacks. Ther¢ were 2 vacant flats al the etkd of 202312024 following the
trarksfer of a resident to another almshouse which became vacant and s¢rvin¥ a notice to quit
on one resid¢nt. The Trustees revi¢wed the maintenance charges set for the almshouse residents
and det¢m)ined that no change needed to b¢ made other than increases to heating and lighting
on renewing utility contracts.
A preliminary survey of all almshouses has revealed that we needed io carry out substantial
work to enable ¢omplian¢e with BS 5839 Fire Del¢ction and Fire Alami Systems for Buildings.
This work has b¢¢n Ca￿led out in accordance the regulations in 6 properties, other small
properties in the charity do not forn) part of the regulation.
a) Flnanclal Review
The financial policy is that a General Cyclical Fund is maintained to cover the ongoing Costs
of necessary maintenan¢e, repair and improvements to the almshouses and other properties and
an Extra Ordinary Repair fund, wliich is a res¢rv¢ fund to provide for the extraordinary repair,
improvement or rebuilding of the almshouses and other buildin8s of th¢ Charity, should that

GRANTHAM ALMSHOUSE CHARITY
BALANCE SHEET
AS AT 31 MARCH 2024
Notes
2024
2024
2023
2023
FIXED ASSETS
Almshouses
Inv¢shnent property
Other investments
1,810,001
2,240,000
547,677
1,810,000
2,240,000
503,387
4,597,677
4,553,387
CURREIYT ASSETS
Debiors
Investments
Cash al bank and in hand
10,079
53,632
11,109
74,820
3,108
13,801
10
130.250
CREDITORS: Amounts falling due
within one year
2,160
2,280
NET CURRENT ASSETS
72,6(A)
127,970
NET ASSETS
FUNDS
4,670 J37
4,681.357
Endowment funds
Restricted reserves
Unrestricted reserves
15
14
4,050,0(MJ
155,799
464,538
4,050,000
180,799
450,558
TOTAL CHARITY FufADS
4,670J37
4,681,357
Approved by the Trustees on 4nd signed oll their behalf by:
Mr A Fillney- Trustee
MrGC
Trustee
Date:

GRANTHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
I. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the prepardtion of the finan¢ial statements are as follows..
(a) Basis of preparation
The financial statetnents have been prepared in accordance with the Charities SORP
(FRS 102) - Accounting and R¢porting by Charilies: Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102)
(eff¢ctive l January 2015). the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) and the Charities Act 2011.
Graniham Almshouse Charity meets the definition of a public benefit entity under
FRS102. Assets and liabilities are initially r¢¢ognised at hisiorical Cost or transaotion
valu¢ unless otherwise stat￿.
{b) Income
Incom¢ is recognised when the charity has entitl¢ment to the funds and represents
maintenanee contributions receivable, interest from investment incom¢ and rents
received from investment properties.
(¢) Exp¢nditure recognition
Liabilities are recognised as expenditure as soon as there is a legal or constru¢tive
obligation eommirting the charity to that expenditure, it is probabl¢ that settlement will
be r¢quired and th¢ amount of the obligation Can be measured ￿ liably.
All expenditure is accounted for on ark accruals basis. All expenses, including support
costs and governance costs, ar¢ allocated or apportioned to the appli¢able expenditure
headings in the statement of financial activities.
(d) Charitable prop¢rti¢s
The charitable properties comprised in the Grantham Almshouse Charity now provide
39 units estsblished originally by six charitable trusts dating from the seventeenth
century, together with eight further properties.
These properties are r¢valtsed
periodically at open market valu¢. All surpluses or deficits are taken directly to reserves
except that any permai)ent diminulion in value of the investm¢nt property is taken to
the Statement of Financial Activities for the year. No depreciation is charged.

GRAwfHAM ALMSHOUSE CHAIUTY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
(e) Investment Properties
Investment properties are revalued periodically at open market value. All surpluses or
deficits are taken directly to reserves except that any pemianent diminution in value of
the investmeni property is taken to the Statement of Financial Artivities for the year.
No depreciation is charged.
(D Other fixed assets
Individual fixed assets other than charitsble and investment properties are capitalised
at cost and depreciated over th¢ir useful economic lives on a straight line basis.
(g) Other investments
Investments are revalued at mark¢t value at the balance sheet date and the aggregate
surplus or deficit is included in the Statement of Financial Activities.
(h) Cyclical repairs and maintenance
The Charity has established a regular programine of cyclical repairs and maintenance.
Costs ar¢ charged to the re￿.enue account in the year in whi¢h they are incurr¢d.
(i) Financial instruments
Basic financial instruinents are classified and accounted for, according to the substance
of the contractual arrangement, as either financial assets, finBncial liabilities or eqLEity
inslruments.
O) Extraordinary repairs
Costs of extraordinary repairs, unless representing improvemenls to the properties, are
charged to the revenue account in the }'ear in which they are incurred.
(k) Cyclical Repairs and Maintenance and Extraordinary Repairs Reserwes
These reserves represent amounts set aside for cyclical maintenance to m¢et costs in
excess of budgeted ¢xpenditure and amounis set aside lo carry out major repairs on
housin8 properties.
10

GRANfHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
(l) Value Added TRX
The Charity is not registered for value added tsx. In these finan¢ial statemettts, where
applicable. expenditure is shown inclusive of Value Added T￿.
(m) Taxation
All income and gains have been, or will be, applied for charitable purposes. As a
consequence, t])e ¢harity's income is not subject to taxation.
TRUSTEES AND EMPLOYEES
2024
2023
The average weekly number of persons (in¢luding the Clerk
to the Trustees) employed during the year was:
Stsff costs (for ihe alx)v¢ persons)
Wages and s&lari¢s
The trustee5 have not received or obtained any remuneration or other financial benefits for the
year directly or indirectly from the charity's funds.
INVESTMENT INCOME
2024
2023
Charities Official Investtnent Fund Int¢￿st
4,831
2,094
Investment Dividends and Interest
6.958
9,052
15,624
TAXATIOLY
GraT]tham Almshouse Charity is meet the definilion of a Charity for UK Corporation tax
purposes. Accordingly, the ¢harity is polentially exempt from t&xation in re$￿t of income or
capiial gains received to the ¢xtent tl)at such income or gains ar¢ applied exclusively to
charitable purrM)ses.

GRANTHAM ALMSHOUSK CHARITY
NOTES TO THE FIYJ ANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ALMSHOUSE RESIDENTIAL PROPERTY
Freehold
Land &
Buildings
Total
Valuation
Revaluations
Cost or Revalued amount
1,810,000
1,810,000
I,810,000
1010,000
The Almshouses were v&liied for the purposes of the accounts for ihe year ended 31 March
2022 by Pigott & Hall. Estate Agents at market value. The Trustees consider this to be a fair
reflection of the current valu¢.
INVESTMENT PROPERTY
Investment
property
Total
Cost or Revalued amount
Revaluations
Cost or Rewalued amount
2,240,000
2,240.000
2,240,000
2240,000
The investment property was revalued for the purposes of the a¢couniS for the year ended 3 I
March 2022 by Pigott & Hall, Estat¢ Agenis at mark¢t value. The Trust¢¢s consider this to be
a fair reflection of the current value.
12

GRANTHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMEiYrs
FOR THE YEAR ENDED 31 MARCH 2024
7. OTHER INVESTMELYTS
2024
2023
Quilt¢r Inveslmenl Fund
National Association of Almshouses Common Inveslm¢nt
Fund
A¢8on Unit Trusts
137,232
7.175
121.127
8,497
403.270
373,763
547,677
503,387
DEBTORS
2024
2023
Prepayments
10,079
CURRENT ASSETS INVESTMENrs
2024
2023
Deposit Account: Charities Official Investment Fund
53,632
113801
io.
CASH AT BANK AND IN HAND
2024
2023
Curr¢nt account
Petty Cash
10,816
292
13.341
CREDITORS: Amounts falling due within one ye4r
2024
2023
Accrued expenses
2,160
1.815
Taxation social security
465
2,280
13

GRANTHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13.
MOVEMENT IN FUNDS
CYCLICAL REPAIRS AND MAiwfENANCE AND
XTRAORDINARY REPAIR RESERVE
Cyclical Exlraordinary
Repairs and Repair Re￿rve
Maintenanee
Reserve
Total
Balance at l April 2023
Transfer.. Income ai)d expenditure
account
1 51,437
69.362
180,799
(25,000)
(25,000)
BaliiD¢e At 31 M4reb 2024
111.437
44a62
155 799
14.
MOVEMENf IN FUNDS
ENDOWMENT FUND
Endoiyment
Fund
Totsl
Balance at l April 20?3
Revaluation of property
4,050,000 4,050,000
Balance Vdt 31 MArch 2024
4,050,IY)O
14

GRANTHAM ALMSHOUSE CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15.
RELATED PARTIES
No transactions witli related parties wer¢ undertakett such as are required to be disclosed.
16.
CHARITABLE EXPENDITURE
Charitable
Activities
2024
Support
Costs
2024
Charitsble
Activities
Support
Costs
2023
2023
Day to day maintenance
Extraordinarylcyclical
maintenance
Clerk's Honorarium
Assisiant to the Clerk's
Honorarium
Wages
Rent and rdtes
Insurane¢
Light and heat
Garden maintenance
Post, telephone and
station¢ry
Legal and professional fees
Accountan¢y fees
Estate agents fees
Sundry expenses
lllt¢rcom
monitorin￿lIfe11nC
Residents voucherslparty
Depreciation
31,915
16,818
19,184
21,334
22,769
18,865
12,510
864
712
4,873
23,270
10.122
8,580
829
4.207
4,040
10,066
8.602
1,021
11,196
2,145
7,533
2.638
381
2.300
1,815
7,273
4.572
4.787
1,491
4.654
2.193
131,062
101623
15

GRANTHAM ALMSHOUSE CHARITY
SIMPLIFIED INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2024
2023
2023
CoL￿E
Almshouse maintenance
Contributions
Interest
Donations
Grant income
Investment income
Investment properties
48,673
49,507
9,571
4.863
6,053
89,085
4,836
153,382
151,631
LESS EXPENSES
Clerk's Honorarium
Assisiant to ihe Clerk's
Honorarium
Wages
Rent and rates
Light and heat
Insurance
Postage, i¢lephone and
slationery
Day to daj maintenance
Liteline fees
Extraordinary maint¢nance
Inveshn¢nt property
maintenance and insurance
Garden m&intenan¢¢
Legal and professional fees
Accountancy fees
Estaie agents fees
Sundries
Depreciation
21.334
18,865
12,510
864
712
23,270
4,873
8,580
828
4.207
10,066
4,040
1,021
31,915
4,787
19,184
381
16,818
4,654
22.769
41.942
10.l22
11,196
2,145
7,533
4.129
12,143
8,602
2,300
1,815
7,273
6,765
197,537
130,106
Surplus or (deficit) for the
year
This page does not forni part of the Statutory Aceoullts.
These simplified 8CCOUDls mydy not con¢#in sufficient information to allow for a full
understanding of the financial atT#irs of the Charity. For further understanding the full
annual accounts, the Independent Examiners Report and the Trustees Annual Report
should be Consulted.
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