Charity registration number.. 225852
John and Eliza Jelley Homes for Old People
Annwl Report aThl Financial Statements
forthe Year Ended 31 Dx¢rnber 2024
RWB CA Limited
Northgote Hous¢
North Gatc
New Ba5ford
Nottingham
NG7 7BQ

John aDd EIiTa Jelley Homes for Old People
Contents (e(JntAoued)
Trustees, Report
2to3
Statement of Tn￿. Re5w>nsabilities
Independent Examinerf5 Reprt
Statement of Financial Aaiviti¢s
6t07
Ba]ance Sheet
Notes to the FinaDGial Statements
9t020

JohD and Eliu Jelley Homes for Old People
Reference and Admittistrative Detaib
C N Cullen
G Fisher
J F Fisher
J Healey
J Olpin
C J PoThtll
Charity Registr%tiOD Number
225852
PriDeip*I OffJ¢¢
POBOX 11228
Nottin8haTD
NG14 6YY
IDdepeDdeDt Examiner
KWB CA Lirnity
NoTthgate House
North Gatc
New Basford
Nottingharn
NG7 7BQ

JohD and EIiTa Jelley Homeg for Old People
Trustees, Report
Th¢ ttvste¢5 PT¢5¢nt the annual reF¥)rt tO8eth¢r with the fill￿claI ststements of the Charity for the yw ¢nded 31
D¢¢emb¢r 2024.
Objectives and Activilies
Objects undainf
Th¢ principal a¢tiYity of th¢ Ch¥ity is the provision of a]rnS1￿U$¢s for old people s%tho are incapable by age or
infinnity of earning th¢Rr oTrvn li*itig and have led respectable. Vi￿￿￿$, sober and upright lives. So far as
prdcticable preference SI￿11 be giv¢n to those who are natives of. or I￿¢ lived many years in or near. the City of
NottitL8bam.
Public bentfv
During the year undef review 26 properties, comprising 20 flats and 6 hous¢& were rn8de available for ￿Sidents.
These showed an occupancy level of 92% during the year, with Trustees using the void periods to upgrade the
pmperties ready for new residents.
The trust¢¢5 wnfinn that th¢y hav¢ complied with the reqUI￿rne￿ts of section 17 of the Charities Act 2011 ts have
due rewd ty thc publiG ￿nefit guidance published by the Charity Commission for England and Wa]es.
FiD4Dcial review
R¢sidents Contributions reAuced by £6.210 to £114.782 and investment inc(xne incrca5ryJ by £692 ts £13,642. Tothi
in¢om¢ reduced by £5,718 to £128.425. Totsl cxprndItu￿ amounted to £160,991 representing an in¢re¥e in
expenditure of £62.430 when ¢ompar¢d to 2023. A totsl of £81.502 was in¢urTed on cyclical and extraordinary
property repair5 5umrnarised on page 13. General property expenditure amow)ted to £76.453 and management and
administration £3,036. This has resulted in a defi¢it of incorne over expenditure of £32,566 for tbe year.
At the Ba]ance Sheet date iDve51ments at market value totalled £303217 and thcrc was an unrealised gain in their
V￿￿¢ of £9,048 and pmfit on withdrawdl of funds of £3.969. This h&5 Te5ulted in a totaj reduction of £19,549 whieh
when added to funds brought forward from the previous year. lcaves £1,173,036 to cary forward 10 2025. lll¢lud¢d
in this figujt is th¢ property va]uation of £800.000. The T￿￿¢¢$ wtssid¢r that the financial ￿sItiOn of the Charity
on 31 December 2024 to b¢ ￿lS￿tOry and CODfirm that they have adequ* ￿Sets available to meet their
obli8atÈon5.
Policy on rns¢r
It is the policy of the Charity to maintsin unrestricted funds wbicb provide sufficieot fund5 to cover management,
thiDi5tration and support C05ts including mainteDance and llKMlerni5atiOn costs. £363.510 w&s held in unrestricted
funds at 3 1 December 2024 {2023.. £305.6291. The Charitys almslM)uses are recognised within th¢ A¢￿￿nts at their
valuation of £800,000. Reflecting the fact the ahnshou5¢5 are fvndarnentsl to the charity's op¢rations the
Trustees esthblished a desigttatrd the PropeTty Re?￿lUatIon FulliL ￿ matrh the value of the property currently
shown withhll the Balance Sheei.
Inve5bneTrlpoliq &biecriveJ
The Trustses invest any monies not required for the immediate puwe of the Cknrity aDd not ott deposit at th¢
Charity's banker5 in Securities ID which Trust tty)ney may by Ixw be inveded
P8g¢ 2

Jobn and Elru Jeuey Hom&¥ for Old People
Trvstx¥' Report (eontitiued)
Structure* governaDce alld
N4thre ofgovernin8 dtKUTh￿nI
The Trust is a re8i5tered charity which formed under the Will of th¢ ]ate Aldejrn￿ John Jelley di￿ on
17 April 1914. Und¢r his Will he dirccted that hi5 F￿¢cUlo￿ and TnJstees should build and maintain almshouses
in the City of NottinghaTJJ. Land was ¢ver¢ty8lly pu￿ba5¢d OD D¢￿Y Ro4 Lenton. Nottingham and the
almshouses wcrc built. tw¢lv¢ in 1924 and four in 1926.
Recrultment tind t>lfrnswJ
Tru$te¢s have the p)wer to appoint new tn￿£¢5 ID pla¢e of those dyiD& retsri￿g or be￿ming incapable to a¢t.
New tNst¢e$ are r¢¢Tuiie(t on ￿¢0Mmendatio￿ for their experiencq unpttthy. and kt)owledge of the Charity
and io maintain the skills and ¢omposition of the t￿let Wy.
Ind#erfon 4ndtroinin8 oflnuleeJ
The induction of new trusiees is ¢aryied out by ll￿aD$ of a detailcd bricfing at & ffijll Me￿ing of the Truste¢5.
OrytznutTlitsnalslrudure
At theit biannua] meetings the Tru5tee5 agree the bn)ad strate8y and ar￿ of activity forthe ch￿lty, induding
consideration of the occupanry level& propeny and maintenance issues and a detsiled rtview of the finamcia]
position of the Charity. Thc day to day *Jministration of the prnperti¢5 and the welfare of the ￿SIdents is
delegated to the Scheme manager and the clerk of the Tntstees.
The annual report Wd5 approved by the knjstees of the Charity on 5 Marth 2025 and Sig￿ on its behalf by..
C N Cullen
Trnstee
Pa8e 3

John and Eltza Jelley Homes for Old People
Statement of Trnstees, Responsibilities
The trustees are responsible for pwaring the tru5tee5' rcrort and the financial ststements in ac¢ordan¢e with the
United Kingdom Accounlin8 Stsndards (Uniied KiD8dom Generally A¢¢¢pted Accountin8 Practice) and applicable
law and regulatiODS.
The law applicable to ch￿ltieS ￿qUIreS the tr￿the5 to prepare fin8n¢iai ststements for earh fJnan¢ia] year which
Bive & true and fair view of the sthfe of affairs of the Cb8tity and of the incoming resour￿5 4nd application of
r¢source5 of the CbaTity forthat period. In prepating these fiDaDcial 5￿t￿llents. the trustees are required to:
select suitsbl¢ ¥¢ounting EM)licies and thcn appty them CODSi5tently"
observe the rnethods and principles in the Charities SOPTr.
make judgements and estimates that are reasonable and prude
stst¢ whdhcr fjppli¢4bl¢ accountin8 Standard5 have b¢en followe4 subject to material d¢partutes disc105ed
ar￿ explaitied in the fJnan¢ial statements: aDd
prepare th¢ fmancial 5tstements on the goitig wncern basis uD)ess it is inapprnpriate to ptesume that the Charity
will continue in business.
The tNstee5 are tesponsible for keeping proper wiuntiD8 Tecord5 that disclose with Te4son3ble accwacy at any
tim¢ th¢ finan¢1￿ tM)$ition of the Charity and enable them to ensure that the fJnan¢iai ststements comply with th¢
Charitie5 Act 2011, the Charities (Accounts and Reports) Regulations 2008. and th¢ provisi4)ns of the consti￿titsn.
The I￿SteeS are also reSpo￿Sible for safeguarding thc assets of the Charity and I￿1(¢ for tskin8 Ye￿nable steps for
the prevenlioD and ddertion of fraud and Ot1￿ irre8ularities.
The trjstees are resFK)nsible for the maintenan¢¢ and intem of the cor￿¢ and financial inftirnhatioll in¢luded on
the eharitsble companY5 website. LegiSl￿10n governin8 the preparation aud diss¢mination of financial stat¢ments
m*y diff¢r from legislation in otheT jwisdi¢tions.
Approved by the Irustees of the Charity on 5 March 2025 and si8TKd on its bellllf by:
C N Cullen
Pa8e 4

John and Eliza Jelley Homu for Old People
Independent Examiner's Report to the trustees of John and ElizA Jelley Homes for Old
People
I report to the trustees on my examIn￿lOn of the ￿￿Unts of John and Eliza Jelley Homes for Old Peopl¢ for the
year ended 31 Decemb¢r 2024.
Ruponsibilities b*51* of report
As the Charity trustees of John and Eli7a J¢ll¢y Homes for Old People you ore r¢spongible for the preparation of the
a¢¢ounts in accordance with th¢ r¢quir¢m¢nts of the Chwitie5 Act 2011 ('th¢ Ad'l.
I report in respeci of my examinalion of the John and Eliza Jelley Homej for Old People's accounts carried out under
$e¢tion 145 of thc 2011 Act and in Ca￿Ying Qut my cxaminatiort I have followed all the applieable Direction5 given
by the Charity Commission under s¢¢tion 145(5Mbl of th¢ Ad.
IDdeptNdent examlner'j $t•¢¢ment
I have completed my examination. l ry)nfirni that no material matt¢rs hav¢ come to my attention in wnnection with
the examinatlon 8iving me cAus¢ to believe th￿ in any material resp¢c¢',
l. ￿COuNtIng re¢ords were not kept in respect of John and Eli74 Jelley Homes for Old Peopl¢ Js r¢quired by
5¢clion 130 of the Act. or
2, the accounts do not ￿COrd with those records., or
3. the ￿cOunt$ do not comply with the A¢¢ountin8 requirements eon¢emin8 th¢ fonn Jnd ￿nIent of ac¢ounts set
out in the Charities {Accounts And Reports) Regulations 2008 other Any requirement that the a¢counts
8ive a 'true and fair view which is not a matter eonsidered as part of an ittdependeni examination.
I have no Concerns gnd have come across no other matter5 in connection with the examination to which attention
should bt drawn in this report in o
enable a proper undeT5tandin8 of the &ccounts to be r¢4th¢d.
Neil Coupl
RWB CA
CA DChA
North8ate House
North G8t¢
New Basford
Nottingham
NG7 7BQ
5 March 2025
Page 5

John and EIizv4 Jelley Homes for Old People
Statement of Financi81 Activities for the Year Ended 31 December 2024
Unrestricted
fuDds
Total
2024
r4ote
Income and EndowDJents from:
Donation5 and legacie5
Charitable activities
Investment income
114,782
13,642
114,782
13.642
128,425
128,425
ExpÈnditllre on:
Charitable activities
Other expenditurt
Total expenditure
Gainslioss¢s on inv¢stm¢nt &8sets
(139,9811
121,0101
(139.981)
121,010
(160,9911
13,017
{160,9911
13,017
Net expenditttre
19,549)
19,5491
Net moYem¢nt in fimd5
{19.549)
(19.549)
RecoDcili4tion of funds
Tots] futtds brought fornpard
1,192,635
1.192,635
TO￿ fill￿5 CaTTied forward
15
1,173,086
1,173,086
The note5 on pages 9 to 20 fonn aTh inte8ral part of these finaneiaj ststements.
Page 6

John and Eliza Jelley Homoq for Old People
StAtemeDt of FiDancial Actiyiknes for the Year Ended 31 December 2024 {contiDued)
Ullrestfteted
fuDd5
Totsl
2023
Note
Ittcome ADd Endowments from:
Donations and legacies
Charitable aclivities
I￿VeSts￿ent in¢om¢
200
200
120.993
12.950
120,993
12,950
Total income
134.143
134.143
ExpettdI￿re on:
Charitsble activitles
Other expenditure
(79.038)
(19.523)
(79,038)
(19,523)
Totsl expenditure
GaIn￿osSeS on inveslrncnt assets
(98.561)
6.205
(98,561)
6,205
Net Income
41,787
41,787
Net movement in fuDds
41.787
41,787
Reconciliation of fthods
Total futtds bmught forward
1.150.848
1.150.848
Total fimd5 carried fOn￿d
15
1,192,635
1.192,635
All of the Charity's activities d¢rive frorn CODtinuiDg O￿lOn8 the tsvo periods.
The notes on page5 9 to 20 forni integral part of these finwKial sthtonents.
Page 7

John #nd Eliza Jelley Hom&* for Old People
(Registration number: 225852)
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed us¢ts
Investsnents
io
1.103,217
1,117.069
Curre￿* •sg¢ts
Debtors
Cash at bank alhd ID hand
li
12
4,272
67.103
9,187
67.218
71,375
76.405
Creditors". Awowits f*lline due Y4ithiti on¢ y¢gr
13
1,506
{839
et t￿Trellt *saets
69,869
75,566
Net
1.173,086
1,192,635
Funds Df the Ch*rity:
Unrestricted income funds
Unrestri¢t¢d fvn
1,173.086
1.192,635
Tot•l fuDds
15
1.173.086
1.192.635
The financial statements on pages 6 to 20 wEre approved by the tnLStee5. aDd authoriwj for issue on S m￿¢h 2025
al￿ signed on their behalf by..
C N Cullen
Trustee
The notes oll pages 9 to 20 fonn an integ￿ phrt of these flnanci￿ statem¢nts.
Page 8

John and Elits Jelley Homes for Old People
Notes to the Financial Statements for the Year EDded 31 D¢¢ember 2024
l Accounting polici
Statement of compliance
The financial stsiements have been prepared in accordance with the second edition of the Charities Statement of
Recommended Practice ISSU￿ in Oaob¢r 2019, the Fithanciaj Reporting Stsndaid applicable in the United Kingdom
and Republic of Ireland (FRS 102) aod the Charities Act 2011.
B#$is of prepar*tion
John and Eliza Jelley Horne$ for Old People meets the definition of a publi¢ beD¢fit entity under FRS 102. The
accounts (fmanciai statements) have b¢¢n prepared under the hi5torica] ￿51 wnv¢ntiOth with items recogni￿d at C05t
or trat)sartion value unless otherwise slated in th¢ Telev¥t N)ie(s) to these accounts.
Going coneern
The t￿Sle¢S ¢onsider th&t there are ￿ material un¢th￿ties about the ChariWs ability to continue as a Soing
concern.
Income endowmeots
Residents, ￿ntTibutlon9 are ac¢ounied for on a attnjth b&si5, when it is probable th¢ income will be received.
DonAtion5 l¢goo¢s
Donations gnd legacie5 are recogllised on a receiv3bl¢ b&4is wlTrh receipt is probabl¢ the aTnouTht can be ￿liablY
measured.
Inveslment¥ft¢ome
Interest on fimds held on deposii is included when receivable and the 8mOUDt can be mcasuTtd ￿lIablY by the
Charity," this is noma]ly upon notification of the interest paid or payable by the bank.Dividend5 are Tecognised once
the dividtnd ha5 b¢¢n de¢lar¢d and notificathon ha5 been Tt¢¢iv¢d of the dividcnd d￿.
Eipendi￿re
All ¢xp¢rtdiDJYe is recognised ODCC there is a legai or constructive oblkgation to that expenditure, it 15 probable
Settlement is ￿qUired and the atnount can be measured ￿lIablY. All costs are ￿l0¢&t¢d to th¢ applicable expenditure
hcading that aggregate similar costs to category. Where costs ¢•nnot be directly attributed to particul3r headings
they have been a]located on a basis consistent with the ￿ of resowces. with ceThtra] Staff costs allocated on the
basis of time spent. and depreciation ehaTges allocated on the ponion of the &8sei's use. Other support e05ts are
allo¢atrd b￿£d on the spread of staff wsts.
Choriti7ble acl¥vitses
Charitable expenditLEre cotnprises thos¢ Costs inCU￿ed by the Charity in the d¢livery of its activities and servi¢es for
its ben¢fi¢iaries. It include5 both costs can b¢ ailo¢at¢d dircctly to suth a¢tivtti¢s tlK)se costs of an indirect
natUT¢ ne¢essary to SUp￿rt them.
Page 9

John and Eliza Jelley Homes for Old People
Notes to the FinaDcial Ststements for the Year Ended 31 December 2024 (continued)
T¥4xatioD
The Charity is considered to ￿$s the t¢sts set out in Paragr*ph I Schedule 6 of the Finance Ad 2010 ond therefore it
meets the definition of a charitable company for UK corporation pwpose5. Accordingly, th¢ Charity 15
)ientia]ly exempt from taxation in r¢5PECi of in¢ome or capital gain5 rx¢ived within categorie5 coverd by Chapter
3 Part I l of the Corporatiott A¢t 2010 or Section 256 of the Taxation of Chargthle G8ins Act 1992. to the
en¢nt that such in￿rne 01 8ain5 ar¢ applied exclusively to charKtabl¢ purposes.
Inves¢m¢#t properties
tovestsnent property is Carrid at fair value. derived from the current market prices for compardble real estate
detennined annually by Tru5tEe5.The TnLStees ￿ observable m*ket prices. adjustd if ne¢essary for any diffe￿nce
in th¢ Dature, location or Condition of the S￿IfiC a55et. Changes iti fair valu¢ are recogDisd in profit or 10$5.
Flxed gsset investments
Fixed asset inve5ttneDts. other than programtDC tcl*cd itiVesllnrn￿ are included at maTk¢t value at the balanGe sheei
date. Reaiised gains and Ios5e5 on investsnents are calculat¢d as the difference be￿¢¢n sales pJDceeds and their
market value at the start of thc y¢ar, or their 5ub5equent COSL and are charged or rredited to the Statement of
FinanGiai A¢tiviti¢s in the period of disposal.
Unrealised gaitis and losses WTesent the movcment in market values during th¢ y¢aT *)d are creAited or charged trj
the Statement of Ffftnaticial AthivÈties OD the m8rk¢t valu¢ at the yur end.
C*sb 8nd cash tquiv*ltttts
Cash hnd cash ¢qulv￿eDts cornpri5e cash on hand and call d¢￿SIts, and other short-lerm bighly liquid investments
that are r¢adily ¢ollv¢rtibl¢ to a known amouDt of ¢ash and are subject to an in51￿]ficant risk of change in value.
Tr*de crtditors
are obligations to pAy foi goods or services that have been aquired ID the ordinary course of bu5ine5s from
Suppliers. AC￿Urtts payable are ¢I￿sified as current liabiliike5 if the doe5 not have an unconditional right, * the end
of the reporting period, w d¢fer settlement of the creditor for at le&st Iwelve months aftcr th¢ r¢porting date. If there
Is an unconditional right ￿ defer s¢ttlement for at Ic&st ￿]Ve after the ryrting dat4 they are P￿Sented as
onrfurreni liabilities.
are reco8nised initially ￿ th¢ irn)s¥tion price and subsequently M￿llreA at amortised ￿51 using the effective
interest method.
Page 10

John and Eli￿ Jelley Homes for Old People
Notes lo the Fillancial Statements lor the Y¢Jr Ended 31 December 2024 (continued)
Fund itrncture
Unre5trictcd income funds are general fi￿￿% that ar¢ av8ilable for use at the tswtees's discretion in furtherance of the
objectives of the charity.
The Extraordinary Rcpakr Fund h*$ been set aside out of urw¢stricted fund5 for thc $pe¢ifi¢ purpose of providin8 for
th¢ extraordinary r¢pair. irnprovement or rebuilding of the alt)uhou5¢5 8Dd aDy other property belon8iAg to the
Charity.
The Cyclica] Maintenance Furtd has been set ￿ld¢ out of uDr¢stri¢ted fimds for the specifi¢ purpose of fill￿1n8
cy¢li¢ai ￿paIrS ty th¢ atmhou5eJ 4nd any other property belonging to th¢ charity.
Th¢ annual transfers to the ExtraordinBry Repair Fund and the Cycli¢a] Maintenan¢¢ Fund ort based on guidan¢¢
provided by the Almshous¢ Ass￿19110￿.
The Property Revaluation Fund has been estyblithed by th¢ Tru5tee5 to rnst¢h the va]ue of the property showi on the
Balancc Sheet to reflc¢t the fact the almshouses are fimdamenthl to th¢ Ch¥rity'5 opcrntion$.
Penslons and other pogt r¢tlreJDtnt obll8•tlonJ
The Charity opcrate5 a defin￿ ¢ontribuiion pension Kheme whi¢h 15 B pension plan undcr which fixed ¢ontributiot)$
are paid into a pension fi￿d the Charity has no l¢8oJ or ¢onstiuctive obli8ation to pay further contributions ¢v¢n
if th¢ fund do¢5 not hold sufficient ￿et$ io pay all employees the benefits r¢l8tinB to employee $¢Thic¢ in th¢
current and prior periods.
Contributions io defined contnijution plan5 U¢ fWQ8n15td in the Statement of Fin￿¢la1 Adiviti¢5 when they a
due. If contribution paymcnts cxcrtd the Contrib￿lon due for g¢rvi¢¢, the excess L5 rw)SllL5cd ￿ 84 prepayment.
FlnADcIAI InBtruments
Cl05$1J7e&rto
Financial as5et5 aThd financial liabilities are re¢o8nised WIM the Chlrity bffom¢5 1 pty trj the eotttractuai
provisions of the instrument.
Trinan¢ia] Liabiliti￿ and equity in5tnLm¢nts are classified according to the substsn¢e of the ¢ontr4rtual orransements
cntered into. An ryuity inStrum¢ni is any ¢ontwi evid¢nce5 a residual interest in the assets of th¢ Charity after
deductin8 a]1 of its liabiliiies.
Pase 11

John And Eliza Jelley Homes for Old People
Notes to the Financial Statements for the Year Ended 31 December 2024 (eontinued)
Recognilion
All fJnan¢iai assets and liabilÉtie5 are initia]ly rn￿$￿ed at transaction price (including transaction eostsl. except for
tbose fina￿1￿1 ass¢ts ¢lassifi¢d as at fair Yaluc through Profit or 105& which are initially m¢•sured at fair value
(which 15 nonnaily the transaction price excluding Iran5a¢tion ¢ostsl. unless the aIrangEm¢￿ ¢onstitute5 a fiDancing
transaction. If an arrangelneni ¢onstitute5 a financing transa¢tio￿ the financial &sset or fman¢ial liability is measured
at the present value of the futt￿ payments discounted at a market rni¢ of interest for a similar debt instsiu))ent.
Finat)¢ial assets and liabilitie5 are onty offset in the ststement of financial position when. and only when there exists
l¢ga]ly ¢nfor¢¢abl¢ right to set off the recogni5ed amounts and the Clwity Éntend5 either to settle on a net basks. or
to T￿ls¢ the asset and s¢Mle the liability sÉmuhaneously.
FiDancial assets are der￿Ognised when and only when a) the contrathLal ri8hts to the cash flows ftom the financial
&8set expire or are 5ettle¢l b) th¢ Charity transfers to znoth¢r paTty $ub$tantiaily all of the risks and r¢w8Tds of
O￿nerShIp of the fuJaThciai &￿￿1. or c) the Chariry. de5PÉte havang retained wm¢, but not all. 5igDifi¢ant risks and
rewards of owm¢rship, has transferred control of th¢ asset to another party.
Finan¢io] liabilities are dereco8Di5eA oD]y when th¢ obli8ation specified in th¢ ¢ontrxt is discharged. cancelled or
IDvestments in non-convertible p￿feren¢e shares and non-puttable ordinary or preference shares (where shares are
PLEblicly traded or their fair value is reliably rneasuTablel are rn￿ured at fair value through profit or loss. Where fair
va]ue cannot b¢ mea5UTed T¢liably. investments we measurd at CO￿ less impa]￿ellL
Investments in subsidiarhes and wociate$ are rn￿Ur￿ at ¢ost less impainnent. For inv¢51mcnts in subsidiarie5
acquired for consideratton including the issue of sh3re5 qualifying for merger r¢lief, cost is me&sured by refer¢n¢e to
the nornirml value of the 5harES issued plus fair value of other collsideration. Any premium is ignored.
Thc b¢5t ¢vid¢n¢¢ of fair value is a quoted pric¢ for an identical &sset in an active rna￿¢1. When quoted price5 ar¢
unavailable, the pric¢ of a recent transaction hr an id¢nticaJ &sset provides evidence of fair value &$ long there
not been a significant change in economic circyrnstances or a signifi¢ant lapse of time since the trdnwtion took
place. If the market 15 not active and recent Irai)sactlODS of an identical a55et on tbeir O*TA are not a good estimate of
fair value. the fair value is estimatrd by ￿Ing a valuation tr(bllique.
2 ltteome from don*tiODS *nd legAci
Unre5trirted
funds
G¢oerAI
Total
ds
DonatioDS and legacie5"
Donations from individuals
Totsl for 2024
Tot*] for 2023
200
200
PaBe 12

Jobn and Eliza Jelley Homes for Old Ptople
Notes to the Financial Statements for the Year Ended 31 Detember 2024 (continued)
3 Income from chariknble *etivitwJ
Unrestricted
funds
GenerAi
Tot*1
funds
Proyhsion of ahnshouses
114,782
114.782
Total for 2024
114,782
114.782
Tot81 for 2023
120,993
120,993
4 IDvestJnent income
UDrestricted funds
Design*ted
GeDer*]
Totsl
funds
Income from dividends.
Dividends r¢¢¢ivable from other listed investrnents
Interest receivable and similar in¢ome'
Int¢r¢si r¢c¢ivable on bank deposits
10.781
2.003
11784
858
858
Total for 21124
10,781
2.861
13,642
Total for 2023
10.062
2.888
12,950
5 EAp¢ndi¢ur¢ on chxritsble activities
Unre5trirttyJ ￿tsd$
Designxted
Gentrnl
Total
20Z4
Repair5 and renewals
Water rates
30.036
4,313
3.672
5,393
6,128
6,362
160
30.036
4.313
3.672
5J93
6.128
6.362
160
81.502
583
12
1.800
20
Insurance
Garden maintenance
Electricity less recoveries
Selective License5
Advertising
Property rcpY4ir5
Subscriptions
Trdvel and 5ub5i5tance
Professional fees
Charitsble Ik)n*ions
81.502
583
12
1,8
20
81.502
58.479
139,931
P88e 13

JohD aDd Eliza Jelley Homes for Old People
Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Unrestricted fwids
General
Total
2023
Repairs and Tenewa]s
Water rates
28,657
3.660
3.800
3.963
2.893
28,657
3.660
3.800
3.963
2,893
33.802
333
74
1.836
20
Itlsurance
Garden maintenance
E1￿1¢1ty less re¢overies
Property r¢pairs
Subscriptions
Travel and 5ubsistance
PtofessIon￿ fees
Charitable donations
33,802
333
74
1,836
20
33.802
45.236
79,038
6 Other expenditure
Unrestricted
fund5
General
Totsl
2024
Totxl
2023
Staff costs
W4g¢5 and 5alarie$
Pension costs
Clerk and v¢sitor fees
Other offi¢¢ ¢xp¢nses
Sundry ¢xp¢tts¢s
4.024
213
11.700
1.260
,570
17,974
720
1.518
17.974
720
1.518
20.212
20,212
18,767
7 Trustees r¢mun¢r•tioB and eipenst5
No trustees. nor any persorts comwcted with them. have re¢eived any rnuneration from the Charity during the ye8x.
8 IDdepeDdent examiner's remuts¢r•tio0
2024
2023
Examination of the finalhcial ststeTnellts
798
756
Page 14

John and Eliza Jelley Homes for Old People
Notes to the Financial StAtement8 for the Year Ended 31 D¢cemb¢r 2024 (continued)
9 Taxation
The Charity is a TegiSt¢r¢d ¢harity and is thcreforr exempt from taxation.
10 Ftsed I5set iDve5tmeDIJ
2024
2023
Investmenl prop¢rti¢s
Other invc5tmentS
800,000
303,217
800.000
317.069
1.103.217
1,117,069
Investmtnt propertles
Investment
propertles
Cost or VBluation
At I January 2024
800 000
Provixion
At 31 December 2024
Iyet book value
At 31 De¢emb¢r 2024
800,000
At 31 De¢ember 2023
Boo,000
Thc invcstment properti¢5, wmprisin8 the almshouses &r Derby Road. Lenton. Nottingham w¢r¢ valued on S July
2017 by the Trustees on an open market existing usc basis. The Trustees consider that this valuolion will not have
chansed mat¢riaJly during th¢ p¢riod lo 31 December 2024.
I'here has been no valuation of ittvestment prop¢Tty by ￿ independent v&luer.
Pag¢ 15

John and Eliz8 Jelley HOM￿ for Old People
Y4otes to the Financial Statements for the Year Ellded 31 December 2024 (continued)
Otber iovestments
Listed
iDve$tmÈnts
Total
Cost or val￿&￿0￿
At l January 2024
Revaluation
Additions
Disposal$
At 31 De¢¢mber 2024
317.069
9.048
23,131
46,031
317.069
9,048
23.131
46,031
303,217
303.217
Iyet book vglue
At 31 De¢ember 2024
303,217
303,217
At 31 D¢c¢mber 2023
317.069
317,069
The iotal market va]ue of listed investments is made up of M&G Charity Multi A55¢t Funds 49,464 Income shares
{GenerAI Fund) £45.918 (2023.. £44,429) and 2,125 Accumulation shares (Dc5ignat¢d Fund$) £257.299 (2023..
£272.6401. Th¢ historicai cost of these fi￿d$ as at 31 December 2024 1$ £225,97012023.. £234.883).
11 Debtorg
2024
2023
Prepayment5
Other d¢btors
4,272
8,322
865
4,272
9,187
12 C•$h and ￿5b equiv%leDts
2024
2023
Cash at bank
67.103
67,218
13 CreditOTg: amoullts fAUing due within one year
2024
2023
Trade creditors
Accruals
684
822
60
779
1,506
839
Page 16

John and Eliza Jelley Homey for Old People
Notes to the Financial Siatements for the Year Ended 31 December 2024 (¢oDtiDyed)
14 Pension •nd other s¢hemes
Defined contribution pensio￿ xbeme
Th¢ Charity opetaie$ o d¢fmed contribution ￿nSion s¢hem¢. The pension w5t chtrge for the year represents
ontributiorhs payable by th¢ Charity to the scherne and wnoun*d to £Nil (2023- £213).
Page 17

Jghn #Md ElirA Jeilry Homes for Old Peoplt
Notrs to the Fill4*¢ial Slatrm￿ts for the Yur Endtd 31 Dttember 2014 {¢ODtiDued)
IS
Dttember
2Q14
fjen￿
JOS.629
117.644
(7J,419)
19261
5.458
368.510
Cy¢1￿￿ MwDtrrArLe Fur
40.708
46298
(71.440)
(lo.￿)
30.732
Iso.(•x))
10.711
7,539
4.576
8OD.tM)U
19268
7.559
804.576
Totsl
121.4Z5
P4t li

John lad Eliza Jtlley Homes for Old PMplE
Nottt to tht Fin•nti*l St#t¢m¢Nts for the YUT Endrd 31 Dcttmbtr 2024 {toDtibutd}
D¢t Atjj
Ja*￿ryI
p¢•J¢d
2023
Gcnerai F￿1
245.560
124,012
{64.7601
747
305.629
DulRJt&
{15J691
40.708
46.291
800.0
Exttw>rdnwy Rewr
Ptopcrty RevaluatsonFuf¥J
49211
10.061
5.451
S.211
817.006
Totsl
1.150.848
134.143
91.561
6.205
P¥e 19

Jobn and Eliza Jelley Homes for Old Peibple
Notes to the FinaDcial Ststements for the Year Ended 31 D￿ernber 2024 (continued)
16 A0￿y$l9 ofnd *ssets bthe¢tt
TotAI futtds at
31 December
21124
Unr¢stricted fwith
Gener*1
DÈqignated
Fixed a5S¢t irtv¢stsn¢nts
Current assets
Curr¢nt li&bilities
45.918
324,098
(1.5061
1.057.299
(252.723>
,103,217
71,375
1,5061
Total n¢t a55ets
368,5 10
804,576
1,173,086
Totsl funds at
31 Decemb¢r
2023
Unrestricted funds
G*ner*]
Designatéd
Fixed ￿et investments
Current 18sets
Cwrent liabilitie5
44.427
262,041
{839)
1.072,642
(185.6361
1.117.069
76,405
8391
Total net ￿ets
305,629
887.006
1,192,635
17 Related party trI￿$*￿10￿S
There were no related pafy Iiansactions ID the year.
P￿e 20