2024-04-30-accounts - Fountain's Hospital

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FOUNTAIN’S HOSPITAL

GENERAL INFORMATION FOR THE YEAR ENDED 30[th] April 2024

CHARITY NUMBER	225068
TRUSTEES
	Jean Brooksbank
	Angus Dean
	Angela Knowles
	Ian Jowett
	Avril McGuinn
	Jonny Metcalfe
	Kate Midgley
	Joe Midgley
	Clare Oakes
	Emma Sandoe
	Robert Stockdale
	Sue Wilkinson
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
	Leicester
	LE87 2BB
LAND AGENT:	Caroline Sunter
	David Hill
	Mill Bridge
	Skipton
	BD23 1NJ

FOUNTAIN’S HOSPITAL

TRUSTEES’ REPORT FOR THE YEAR ENDING 30[th] April 2024

We the Trustees have pleasure in submitting our report, together with the accounts of the Charity for the year ended 30/04/24

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-inCraven.

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 30/04/24 were:	67,081
Extraordinary repair fund	164,692
Cyclical Maintenance fund	27,329
Routine Maintenance fund	3,930
Poor Branch	9,431
Hospital Branch	107,270
Ecclesiastical Branch	5452

Poor Fund 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.

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

All Trustees meet informally with Almshouse residents once a year at Christmas over a glass of sherry and mince pies. The Trustees 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. Much work is being undertaken on the windows and roof with No 6 having been refurbished.

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.

Chavty N•. Z25068 FOUNTAINS HOSPITAL CHARITY Accoupirs YEAR ENDED 30 APRIL 2024 ARTHUR E WALKER & CO 6 WATER STrEEr SKIPTON 8D23 IP8

lwdellt Examinerfs Rtport to the trtte¢s of Folltttth'$ Hw)it•l Ch•rlty I reEMJt on the M¢wJnts of the TTrJst ftir the)Y•rended 30 Awil 2024. which Ire g¢1 the etta¢hed pa8eS. Respeth¢ resp)nslbllitie4 of trwtcos •nd exawlmer The ¢harity'$ Injsiees are responsible for the prewion of the ¥¢(yJnts. The charity's trustees Considor that In Audit is not requlred fcr this year un(kr sectilxi 144(2) of the Choriiies Act 2011 (the 2011 Act) and thai an intynd¢nt exmination is needed. It is my r¢spott81Tr+ility to: examine the coUnts urthr sec¢i(m 145 of the 2011 Acr to follow the wlureS laid in th¢ 8enernl Direfflicms SI by th¢ Chority CommlMion under section 145(51(b) of the 2011 Ath: and to sth(e whether p#rticui8r matters bave c matter c(Mne to ¢)ur attent#)n: (l) which gives me re8sthuble believe that in any Mr] reswthe requirements: 10 keep ¥L¥)untin8 in with Se¢¢1 130 of the 2011 A¢ 8Th1 to prepore accounts which r<o)rd with the reeoTds and compty with the xcounting requlrements of the 2011 A¢t Have not b¢M metr. or (2) to Whic in ouropinion. *t¢ntion should bc drawn in oth to enabk a uting of the counts to be reached. Andr¢w Walker Bsc F Arthur E Walker & Co 6 Water Street Skipton BD23 IPB

Tx ie Fli Freehotd pr¢)wries 4M491.70 450.491.70 nd Inve5 2.5Y• Consoltda¢¢d Sw¢k 4tcrt 650.44 COIF Inco Sharu 1183111831 Aecwnu1AtiL Sh*ES NAAaF It ¢0 35.rAJ 3.5J8.1Kl 91.680. 35.IX> 3.558. 86J18.64 95273.Th) 89.911.64 irF I703.3 AGLvTrwlatioD Shrn NAACIF * c 163.789.60 177223.&) 709J54.30 717.626.94 Battk CuTreRt Account Hightt Rate Dep)sit Accwt Vir8irt Nloney Dewii Aeetyu Vlrwn Money [11 lQtll¢ai 12J88. 6.763.40 41SOJS 23263.70 1522 67.081.47 17,015.09 589.75 37h84.22 484.92 55 614.1 s Creditm xr¥J Ar¢ru4 Rettt Pakd in AdvAn¢¢ 4,502.1 4,502. (rtJ.679.47 770233.77 49,103.16 7(.730.70 Cwi¢al Fund Thr Howiiaj Br4n¢h Thc Ecclesi&rti¢al Brknth C)rli¢al M•uLtrDau¢e Futyl The Pr BrAtt¢h 45&016.16 107270.54 5.4S2.50 27J29.s 9.431.65 21.34 1930 10(69229 456,016.16 99.fl)8.57 3.836.31 37.483.73 7,871.42 21,34 19.30 161.873.27 Henry Crnft TIthL13.77 ?731.10 Trustee name...

Prw Rents Residty, W.M.C Intere8t 3120427 IS,?(.¢1 13,f4)9AO 32,627.35 12.06B.30 11.791.52 4.97 Uxe of tha tk)naiio Sale of shar¢• 172.(KJ 91W.36 s7.0.14 Cl¢rk Sal•ry Clttk's ExpenK5 ACCnEY 1.5ixi.( 82.9S 1.740.1KI 343.rAI 7.675.IS 5J76.70 31.tH8.92 504.36 1662.8S 1,730.67 3,836. lJ(K).fM) 80.50 1.662.&) 196.IX) 669.21 217.48 36J97.35 577.50 599.41 1,621.96 In6ur8nee RwT5 SytyJTiOb Li8ht & Heat W&terRAt E¢¢lesitsthMI Fub)d C4rer•ker P•)rynthu lo Fwjd Sthiionuy & Ao 670.IXI &w2.Jo 147llAS 25268. 84,2.74 27 022.60 CurrETrL A1¢ SAver A¢¢oufil ViTSin Depodit A¢¢ow 17.015.09 589.75 2,191.13 7J?3.52 23.9T7.04 .410.05 35.129.14 SuTplurfDefi¢lt) 81151.74 67.fkn25 55.129.14 12.888.00 6.763AQ 24,150.55 23,263.70 $4ver Accu1 Viryin Ikp)5il Accwxt VÉr8itt Dewwit AccoLElli ll715.09 $89.75 40.08 37.484.22 67.(*&25 67.066.25 5S.129.14 55.129.14

TAL FUND 2023 2024 Towi Head Farni. v4hd 1986 Pickerin8 End Farni. led 1986 M4]h&m Pasty. valued 19 Millsfft Ghyll Pathw¢- th 1980 Trt] H(xpital- valud 1975 Alterati8 at Cc Furth¢rAlterntiOJ8 Ai cost Land L4mb¢rts Field Calt(o at Ci¥t. S4athr 2( 16&475 li( 168.475 12,( 27.1 2,661 63,039 172.317 450.492 27,(KM) 2.661 63.039 172,317 450,4Y2 ne Supplem¢nw Arn re Town Head F•rm Town Head F8mi Pickerin8 End Farn) Malharn Moor PgsNre Millston¢ Ghyll Putw• Sh(xMill8 Ri8hts Hol¢ Bottom Fann 11.011.70 14.(W.(KJ 1.350. 450.(K) 11,011.70 I4,0.( l J50.(KJ 450.1 451.tyj 451.fA) PCC Lin FiihinB Ri• Field 40,(X) s51.(1 3,436.92 32,20427 I,(0.c#? 3,421.00 32.627.35 lJen¢ral A¢cLwnt. COIF Incne Shw Hwityl Brnnch Mty¢y Kirkleys Chlty £5.97 COIF In¢e Shu T Fc•ter Bequex A¢c(rtUtt 683 NAACIF shrI Rtv Hw Crofis 649 NAACIF SF•rt4 326 3.26 23.89 22.71 4.97 25.31 432 649 hKome in NAAaF I1 tyHally Tn¥t Ichutty Numttr 504564) wbieh c(* £183: afyl 683 Shares in NBAACIF held by T Fttr D¢i¥•Kd Bequ¢rt FuThl vAJich ¢(¥t £202.

ATNS H rrAL General Fund HI¢r Ratc de11 aLaX)WIt Interc on l 18311183) Shre4 NAAaF 173.65 5J61.36 110.47 16.23 4.380.69 Extrwdnry r¢pth Its1cTl on 1.705.(Kb3Accumulatbon Share¢ NAACIF CyclkAI Viryin Money Dewsil A¢c(A]nt 7.727.09 7.204.08 236.83 127.48 11791.52 PropeTty Iniere81 Investswt Income Use of Chyl 32,203.57 5,645.48 351.11 86.79 38286.9S Clerk's Salary Cla*'s expeth 750.(K) 82.95 870.(K) 3.837.58 5.576.70 Itksurances Cha1 R¢poir¥ Sundrie8 Li8ht & Hclt 504.56 1.662.85 24.402J I Trnmfer to ExtiwKdiw 1rd Surplw for 20718.31 Trwth w Hcwlt41 Branch126n6) Transfer to Eccluiastical Brnnch {20n6) Transf¢r io Poor BT•n¢h (30n6) 7.087.84 5.452.19 8 178.28 20718.3I

ONTIN 7Hos Residmts, W.M.C. 1nveÉtnl ittco Is.7.1 15.76326 Clcrk's Salary 750.CKJ 870.LTh) Ststionery & Adverts NAA sUbsripti1S 343.IXI 3.837.57 1.633.89 Repaiys LiBht & He Sundries Water Ratt8 1730.67 9 165.13 6 598.13 SwpluB for y¢AT Balance 2023 Surplus for y¢ar Transfer from Genernl Fd Transfer io Cyclicol mainten Fund Balance At 30 Aryil 21)24 99.608.57 598.13 7.087.84 024.00 107 270.54 Local F£cleslalCll Chvlty Deficii for year Bain¢e a# at l May 2023 Deficit for ye 3.836.31 (3.836.IXJ) 5.452.19 Transfer to liJNI Ba]an¢e aB at 30 Aryil 21)24 5.452.50

Interest on Vir8in Dwit Aceourt 236.83 Repai Sulldri¢8 Dcficii for year IA414.57 16.177.74 Balance as at l M•y2023 Deficii for year Trnn5fer from H08pithI BrwKh B41ance os ai 30 April 2024 37,483.73 (16.177.74) 6.024.(K) 27 329.99 Payments to Poor Deficii for 6 fj18.oj 6.61¥.05) Bdllnce as it l M4y2023 DefiLII Tr¥nof¢r ftom Gencnl Fu Trnnsfer from E¢clesigsri¢•l Balanc¢ •• at 30 Awil 2024 7.871.42 (0.618.05) 8.178.28 9431.65 26,04 to Pr 26.64 Balan¢¢ •B at l 2023 Swptus for year B•]unce u at 30 Ajxil 2024 21.34 21.34

2023 Income Invesuneni Inc( 25.31 Payments to SwpI1 for year 25.31 Batance as ai l May 2023 Surplus for year Balance as 30 April 2024 19.30 19.30 Iniayst Profit On •Ai• of 7.727.09 4.768.49 12.495.58 Rq)airs D¢fi¢iE for yeAr 13.360.56 864.98 Balan¢e 1$ 41 i May 2023 tkficit for yur TronJf¢T from G¢nenl FUNI B•1¥e a8 30 April 2024 161.873.27 {864.98) IfA 692.29 B3]thwe u Ai l MAY 2023 456016.16 BAlm¢e as •t 30 April 2024 456 016.16

FouAllN,S HOSPITAL GENERAL {FORmATIoN FOR THE YEARENDED 30. April 2024 CHARrrY NUMBER 225068 TRUSTEES Jean BkSbonk Angela Knowles lan Jowett Avril McGuinn Jonny Metralfe Kate Midgley Joc Midgley Clare Oakes Rokn Stockdale Sue Wilkinx)n CLERK: Sh¢ila Ely Hebden Skipton BD23 5DU SOLICITORS: Goad & Butch The Market Pl8 BD23 9DR ACCOUNTANTS: Arthur E Walker & Co 6 Water Street Skipton BD23 IPB BANKERS: Barclays Bank Leicester LE87 2BB LAND AGETrrr: Caroline Sunt David Hill Mill Bridge Skipton BD23 INJ

FOUNTAIN'S HosprfAL TRUSTEES, REPORT FOR IHE YEAR ENDING 31P April 2024 We the Trustees have pleasure in submitting our rqm together with the acujunts of the Charity for the year ended 30104r24 Htstory of the Charlty Fountsin's Hospitsl has been providing a]mshou8e COMmOdation and welfare grants for almost 3 years. The eharity was onallY established in 1721 from a Iwuest in the Will of Richard Fountsin of the Cty of Li)nthry WI w88 IM)rn in Linton-in- Craven. GoverniBg document A Charity Commission kheme dated 18 September 1973 forn the governing document. Adivill Th¢ charity owns and mana8e8 an 18 ¢entwy Grad¢ 2* list1 builibng known a5 Fountain's Hospital. The proFw is m•lc up of six almshouse& chapel and gardens, providing re$id¢ntial accommodation (four single and two double) for pIe wl)o have pr¢viously lived in the Ecclesiastical Parish of Lint0 which includes the townships of Grassingtoffj Hebdffj Linton and Thrcsh&ld. T]e 1$ no resident The charity also makes annual w of mow to pwple and organi3ations in Linton Parish as detailed below. The trustees that tky hav¢ had regard to the Charity Commission's guidance on public benefiL The trus confirm that major risks to 1¢h the charity is ex)8£ &8 identified by th¢ trustec4 have E¢¢n reviewed and systems or procedures have IMI established to mana8e th08e risks. Truste The maximum number of trustees 1mItt the &h¢me is twelve. There are currently twelve trustees. Four Nominative trSt¢eS atr th¢ app)intees of the four parish councils that make up the Ecclesi&sti¢al Parish of Linton: Grill8t Hebdeo Linton and Thresbfield. The remai8 seven CoptatiVe trustees reside or carry on business in the Parisll of Linton.

Trustees are asked to sit on one of the inforn)al sukn}nllttttS that report back quarterly to the main EM)dy of tn. thes¢ are Fitww Welfare. and Farn & [aL The Temit of these sub conmiittees is d¢tailed Irlow. Income The charity derives income from its investsnenty rents from farms and Iall and the weekly maintenance contribution from aln]shous¢ residents. After the deduction of all costs, charges and loan p8yment4 surplus income is appjrtioned to the Poor's Branc Hospitsl Branch and Fxclesi&8tical Branc in accordance with the Scheme. Rf8erve4 The reserves held on 30104r24 were: 67.081 Extraordinary ryir fimd Cyclical Maintenance fund 164,692 27J29 3.930 9.431 107270 5452 Poor Branch Hospltal Branch E¢clesiastkcaE Brh Poor Fund Branth The Trustees make annuAI of money to youn8 people Irtween the ag¢s of16 and 25 livin8 in the PiSh of Lint0 in order to assist with their studi¢3. Grants are also made annually to wple living in Parish of Linknn to relieve nee hardship, or distress. We also make {¢10al on¢-off grants to local sch(K)Is or Hojpital Branch The Trustees apply the income of the Hospitsl Branch for the benefit of the Ahnshouse resid¢nts. EccleslaJtl¢al Braneh The Trustees make an annual payment to the Rector of Lint0 for him or her to use for the Lefit of persons living in the Parish of Linto SulMonmdtte¢B Flnanee

The Financc comn]it¢ (a Suknrn of four In) in LJU[ll0n WAth the ClerL revi and sct an annual budgeL and Itrt quarterly to the TnLgi on the overnll fAnancial p)sition of each fiJn(I Fann8 & LaDd The charity owns farn and land locally from which a rental income is derived. A sub quarterly me¢tin8& The land agent gives advice. Welfare Day to day resp)nsibility for the management of the Almshouses )d implementation of policy set by th¢ Trustees is carried out by a Welfarc sub con]mitte¢ of four stees who wrt to the main body at quart¢Tly mcetings All Trustees meet InfOrnllY with Almshouse residents once a year at Christsnas over a glass of shury and mince pie8. The Truses look rowjd the garde in sununer. We pleased that the residents continue to be Satisfi with the standard of aMmodation provided and the maintenance of the 8round& Malntenance A QuinquenniaI propety survey of the Fountain's Hospital building was ¢arried out in (ktober 2021, enabling the identification of shorL medium and lon8-tern] maintenance uirements. Much work is being undertaken on the windows and roof with No 6 having been refiwbish Devclopni¢Dt The TnL8tces currently have no plans for exteThyion of the services provided Iwond the existing premises. Th¢ Fountsin's Hospitsl Charity compIies with all Current legislation concerning the following: risk manwen¢ investmenl conllict of interesL vulnerable beneficiaries and volunteer managemenL

Chavty N•. Z25068 FOUNTAINS HOSPITAL CHARITY Accoupirs YEAR ENDED 30 APRIL 2024 ARTHUR E WALKER & CO 6 WATER STrEEr SKIPTON 8D23 IP8