FOUNTAIN’S HOSPITAL
GENERAL INFORMATION FOR THE YEAR ENDED 30[th] April 2022
CHARITY NUMBER 225068 TRUSTEES
Richard Bradley Jean Brooksbank Angela Knowles Joe Midgley Ian Jowett Nicola Lockwood Avril McGuinn Kate Midgley Bryan Metcalfe Clare Oakes Emma Sandoe Robert Stockdale CLERK: Sheila Ely Bank View Cottage Hebden Skipton BD23 5DU SOLICITORS: Richard Bentley Goad & Butcher The Market Place Settle BD23 9DR ACCOUNTANTS: Arthur E Walker & Co 6 Water Street Skipton BD23 1PB BANKERS: Barclays Bank 49 High Street Skipton BD23 1DH LAND AGENT: John C Prickett Gisburn Auction Offices, Gisburn Lancs
BB7 4ES
FOUNTAIN’S HOSPITAL
TRUSTEES’ REPORT FOR THE YEAR ENDING 30[th] April 2022
We the Trustees have pleasure in submitting our report, together with the accounts of the Charity for the year ended 30/04/22
History of the Charity
Fountain’s Hospital has been providing almshouse accommodation and welfare grants for almost 300 years. The charity was originally established in 1721 from a bequest in the Will of Richard Fountain of the City of London, who was born in Linton-in-Craven.
Governing document
A Charity Commission Scheme dated 18 September 1973 forms the governing document.
Activities
The charity owns and manages an 18[th] century Grade 2* listed building known as Fountain’s Hospital. The property is made up of six almshouses, chapel and gardens, providing residential accommodation (four single and two double) for people who have previously lived in the Ecclesiastical Parish of Linton, which includes the townships of Grassington, Hebden, Linton and Threshfield. There is no resident warden.
The charity also makes annual grants of money to people and organisations in Linton Parish as detailed below.
The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit.
The trustees confirm that the major risks to which the charity is exposed, as identified by the trustees, have been reviewed, and systems or procedures have been established to manage those risks.
Trustees
The maximum number of trustees permitted under the Scheme is twelve. There are currently twelve trustees.
Four Nominative trustees are the appointees of the four parish councils that make up the Ecclesiastical Parish of Linton: Grassington, Hebden, Linton and Threshfield. The remaining seven Co-optative trustees reside or carry on business in the Parish of Linton.
Trustees are asked to sit on one of three informal sub-committees that report back quarterly to the main body of trustees: these are Finance, Welfare, and Farms & Land. The remit of these sub committees is detailed below.
Income
The charity derives income from its investments, rents from farms and land, and the weekly maintenance contribution from almshouse residents.
After the deduction of all costs, charges and loan payments, surplus income is apportioned to the Poor’s Branch, Hospital Branch and Ecclesiastical Branch, in accordance with the Scheme.
Reserves
| The reserves held on 30/04/22 | were: | £ |
|---|---|---|
| Extraordinary repair fund | 156,827 | |
| Cyclical Maintenance fund | 48410 | |
| Routine Maintenance fund | - | 386 |
| Poor Branch | 7187 | |
| Hospital Branch | 96,691 | |
| Ecclesiastical Branch | 3,574 |
Poor Fund Branch Branch
The Trustees make annual grants of money to young people between the ages of 16 and 25 living in the Parish of Linton, in order to assist with their studies.
Grants are also made annually to people living in the Parish of Linton to relieve need, hardship, or distress. We also make occasional one-off grants to local schools, or other educational and welfare organisations within the Parish.
Hospital Branch
The Trustees apply the income of the Hospital Branch for the benefit of the Almshouse residents.
Ecclesiastical Branch
The Trustees make an annual payment to the Rector of Linton, for him or her to use for the benefit of persons living in the Parish of Linton. In recent years this has been supporting a local ecumenical youth group called Reverb. The payment is subject to the Rector living within the Parish and saying prayers at the Fountain’s Hospital chapel once a week.
Sub-committees Finance
The Finance committee (a sub-committee of four trustees) in conjunction with the Clerk, review and set an annual budget, and report quarterly to the Trust on the overall financial position of each fund.
Farms & Land
The charity owns farms and land locally from which a rental income is derived. A sub committee of four trustees oversees Farms & Land, reporting to the main body at quarterly meetings. The land agent gives advice.
Welfare
Day to day responsibility for the management of the Almshouses and implementation of policy set by the Trustees is carried out by a Welfare sub committee of four trustees who report to the main body at quarterly meetings. The Welfare sub committee took specialist advice on Fire Safety in January 2018 and followed this up with a formal risk assessment, which is reviewed annually. All Trustees meet informally with Almshouse residents twice a year, and look round the gardens in summer. We are pleased that the residents continue to be satisfied with the standard of accommodation provided and the maintenance of the grounds.
Maintenance
A Quinquennial property survey of the Fountain’s Hospital building was carried out in October 2021, enabling the identification of short, medium and long-term maintenance requirements.
Development
The Trustees currently have no plans for extension of the services provided beyond the existing premises.
The Fountain’s Hospital Charity complies with all current legislation concerning the following: risk management, investment, conflict of interest, vulnerable beneficiaries and volunteer management.
Isf FT itsl (Th Statrment of .Sts ttd Liabilities at 30 A ri12022 TAn iblt Fixeil. brehold prop)n1$ 450.491.70 450.491.70 e[ Fund Invts1ments al cost go J 5°. Consolidatcd Sti>ck ut C05t 650.M eoir lttcomt ghart* at o)st 1181 111831 A¢¢wntslatioth Sh&fes NAACIF at(41 33.) 3.$58 81,937.95 35.¢M) 3.558. 78.061.76 85.530.95 81.054.76 1818.990 AccumubtM>n Shxrn NAACIF * o)SL 156J35.52 164.lJ9.73 692J58.17 Z 696.306.19 Bnnk CLirrenl ALxounl High¢r Kale Detxjsil Aceouni VirBin Mon¢% D¢wsil Accourtt Virgin Mono Dcpjsit A¢couni ILy¢l' Pr¢Fw>'m¢nis 2.191.13 7J73.52 23.977.04 48.4lO.OJ 7.261.48 2.572.64 23.954.25 JO,273.73 82.151.74 84.062.10 C'urreni11 Sundry Creditor% and Ac¢nJ Rcni ljtiid iTh Ad¥4n¢¢ l.886.50 3.875.(Ml 5.76l.50 9.812.58 4.A14.QO 14.136.58 76.390.14 708.748.41 69.9?5.5? 766.731.71 C'thpiMI I.UD lIu>pl1 Ilrnnch ThL. l.xcl¢%i&¥tiULI Branch L>clic4LI Maintcnan¢e The Poor Brnnch T Fo%w tkceL%ed Beq# Account Il¢nr) Croft FJxtrllordinry R¢T Funds 456.L>IO.16 96.691.51 3.574.96 4&410.06 7.187.89 21.34 19JO 156.827.19 456.016.16 96.405.96 3.?74.32 JV.273.73 0.774.4Y ?1.34 19.30 153.386.41 76N748.4I 766J31.71 Approved en...-.......-........_.. TfUStee name....... Trustee no..
Fountalli'5 Hos ital c.hari Rtttl ts #nd Pai meDts.l¢¢ouot "tartAde A ri12022 2021 Prop¢rtv iient5 Residents, W.M.C Inierthi Ini¢slm¢nl IrKom¢ Use ul'chyl t)0[tiOnS Se of shores 31.531.35 32.030.35 l? 3?5.(M> 10.875.92 38720 9.974.t 391.36 35.409.(X) Im>..27 5) 618.47 Cl¢rks Salar). ('ILrk'$ k.xNses A¢¥vunlwic> NAA Subscriptions 1Th4uronc¢s Chopel Repd RcpwTS SundTI¢$ Light & H¢41 I'thiLr Rate LL¢l¢Sia5t)L FUNI 1.150.INJ 8.[1 1.65f>.l)O 187.(Kl 621P).?4 875.92 45.IW).61 1.657.44 277.38 1.757.98 3.273.00 330. 4.991.00 1.650.(K) 182.00 5.982.39 129J.83 5J37.46 .402.71 589.76 1.485.87 3.538.SJ I.00 5.805.th) to Poor Fund StaiioJKr% & Adcrt5 Pur¢hM¥ ot.Sh Donations 24.13026 23.043.31 400. 54.IX)2.90 .615.57 ILkrl1UrpI 11.910.J61 Currrnt A¢)nI Sll¥er A¢wiini Virgin DeFthiI A¢touni VirBin De11 ALwuni 7261.48 4.9fA.52 8.507.80 23.877.03 45.077.12 23.954 ?5 50273.73 84.062.10 11.910.361 82.151.74 82.446.53 .615.57 84.062.10 ltkficiiUIuj for y¢•r CUrt Account ai'tT A1}Uni Vit¥in Dcposit A11 Vir¥5n DetM)sii Account 1191.13 7.573.52 23.977.04 48.4lO.OS 7.26l.48 2.572.04 23.9_14.25 50 ?73.73 8? 151.74 82.151.74 84,(J62.10
FOUNr IWS HosprrAL CHARtrY TOTAL TOTAL ?0?? 2021 hold Pro TowTh Head Fam- valued 1986 Pickering End Farni - valued 1986 Malham Moor Pa5tur¢- valued 1980 Millswne Ghyll Pasture- valued 1980 Linion Hospital tralueil 1975 Altcrations at Cost Further Alt¢ration5 #1 i051 Land L4mberts Field C<on Cost- Septantw ?IM)9 168.473 i?.000 2.0() 3.000 ?7.000 2.661 63,039 17?317 450.492 168.47.5 i?.000 3.000 27.000 2,661 17?.317 45V.41)? eneral ived Supplementhry A8re¢ment T¢ Town H Town Head Fann Pickering End Fa Malham Moor P&sturc N1i11sione Gh)11 Pa51ur¢ Shooiing Ri8hts Hole Boltom Farni (iardens PCC Linton lryi5hin8 Rights Lomtrkrts Field 11.011.70 14.O¢MI.00 1.350.00 450.00 900.00 -175.00 0.65 20.1KJ 11.011.70 14.000.00 l J50.00 450.00 0.00 375.00 0.65 70.00 3.00 449.00 1,421.IM) 31.531.35 / 32.030.35 3 Invi5 ni Inc Cjcneral Accoiini- COIF Income Sh8f¢5 Hobpi¢al tJTan¢h Kirk1,$ Chlty £5.97 COIF Ineome Sh T Fo$t¢r Bequesi Accouni 681 NAAC'IF Sharts Rev Henry C.rofts 649 NAACIF Shares 344.22 337.46 3.14 3.89 22.53 21.41 391.36 387.?0 4 The following inveslments are not ÉrKluded in the anCe shed: 649 Income share5 in NAAC lfr held by Henry Crofts ThLsI (Charity N'umber 504$641 whi¢h cosl £181.. and 683 Income sharcs in NBAACIF h¢ld by T Foster Ljxeased Beque$i Fund which cost £202.
FOUNTAtN'S HOSPITAL CHARITY NOI'LS CONTINUED 20?1 5 Interest General Fund Higher Rai¢ deposit a¢¢ount Interest on 1183 (118J) Accurnu12tion Shgreg NAACIF Virgin Money Detx)sit Accouni 0.88 3.876.19 4.78 3.885.$3 117.2 Extraordinary repairs fund Inlcrc5t on 1818.996 Accumulaiion Shayes NAACIF Cyclical maintenance *ccount Virgin Money Deposit Account 5.960.07 6,657.78 64.13 ?10.61 10,875.9? 6 GeneToIFyll Income Property Rents Inl¢rest Investmertt Income Us¢ ol-chapel Donations 31,980.35 3,899.86 20.50 36,?44.93 Clerk's salary Clerk'$ Lxp¢nse3 AccounianLy In5urdnces L'haFI R¢pairs Prop¢rts' R¢paits Sundries l.ight & H¢at Car¢thkcr DonAtons J75.00 94.80 4,747.93 875.92 415.57 283.88 550.00 .371.10 27.873.83 'I'ran5f¢r to Extraordinary Yep8ir fund Surplus for y¢ar 14.?94.00 13.579.83 Tronsfer to F105Pital Branch (26n6) Transfer to Ec¢lesiastical Branrh120n6) Transfer to Poor Branch (30n6) 4,645.73 3.573.64 5.360.46 13,579.83
A's HOSPITAL NOTE.S CONTh. LJED 2022 IncoTn¢ Residents. W.M.C. Ipv¢s¢rp¢nt inwrnc 12.820.IX) 12,8?3.?0 rydi¢ur¢ Clerk'5 Saldry A¢EountanEv ststioner). & Adverts NAA sub5fipiions ITTanceS Repair5 Light & He4 Sundries Water RJt¢s 575.00 828.00 187.00 1,461.31 7.(I46.09 1757.98 11.853.38 L 967.82 Surplus for year 96,463.96 967.82 4.643.73 15.388.IX) 96.691.51 Surplu3 tor i'¢or 'I'ranster trom Genernl Fund Transfw to Cyclical Mtiinknance Fund Bglance 86 Dt 30 April 2022 Ew.ditULe L81 EL'Lles1&rfic Clwity Defi¥it tor y 3.?73.00 Balance as at l May 2021 D¢fLClt for yeAr Trunsler fTom General Fund Balance a5 30 April 2022 3.274.32 13 ?73.00 3 574.96
lTrkntt- AINVS HOSPITAI. OI"ES CONTIN ' 9 C .clic ItlLome Interest on Virgin Ikrrt)sil Accoum nance Fund 64.13 Repoirs 8yndri¢s Lkfi¢i¢ for ythr 6205.80 I,110.00 7.25l.6710 Balance at l Mav 2021 D¢fiLii tor tar Trdnsfer Irom Hospitsl Brllnch Balance as at 30 April 2022 50.?73.73 17,951.671 5.388.¢X> 48.410.(kfj e Poor P&ymints to Poor Lk.IILlt for )'eor 4.947.06 4.947.U6 Ba1ce as Ma). 21)21 r)¢fi¢il I'rlln51¢r from Genernl Fund Balun¢e L% 3ll April 2U21 6,774.49 14,947.1)61 5.360.46 7.187.89 lttvesbnent iome 22.53 P&)'m¢nts' w Pwr Surplus lor y¢ar •2.53 Bance &8 I MB). 2021 Surplus for )eor B#i8rhbe 45 * 30 April 2 21.34 21.34
022 12He Croft's Tr1 {%) Investment income 21.41 Pa)'menls to Poor etc yrplus for >'4w 21.41 Bal8n¢¢ at l Ma). ?U2l %urplu$ for )eur Balance ¥t 30 April 2022 19.30 19.30 13 F.xtraordin 5.960.07 7,330.7? 13.1fX>.79 Prolil on sale of shareJ R¢puirs tkfi¥it foryeAr 24.144.111 10 853.?? Balance as at l May 2021 DeliLi( Ivr i'¢ar Trdn5f¢r Irom Gen¢rEI Fund [4a14e Ls .10 April 2022 153.386.41 110,853 ?2} 14.294. 156.8?7.19 Balonce as at l May 2021 456.016.16 B41ance &ry at 30 April 2022 456.016.16