Charity Registered Number: 229186
SKINNERGATE ALMSHOUSES FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2025
Total Tax Solutions 2 Peel Court St. Cuthberts Way Darlington DL1 1GB
Skinnergate Almshouses Contents
| Page | |
|---|---|
| Charity Information | 1 |
| Trustees’Report | 2 |
| Accountant's Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6—8 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 9 |
Skinnergate Almshouses Charity Information For The Year Ended 30 November 2025
Darlington Churches Housing Association Limited Trustee
229186 Charity Registered Number Registered Office School House Chapel Street Middleton St George DL2 1DA Accountants Total Tax Solutions 2 Peel Court St. Cuthberts Way Darlington DL1 1GB
Page 1
Skinnergate Almshouses Company No. 229186 Director's Report For The Year Ended 30 November 2025
Status
Skinnergate Almshouses Trust is a registered charity number 229186 constituted by a Deed of Trust dated 28 June 1984.
Principal Address
Church House, Chapel Street, Middleton St George, DL2 1DA
Trustee
Darlington Churches Housing Association Limited
Charity Objectives
The charity’s objectives are to continue to maintain the provision of high standard Almshouses for the needy people of Darlington.
Reserves
Reserves are held to enable the maintenance and updating of the flats to be continued and also to enable the trust to up date service installations. Also reserves are sufficient to cover more than five years operating expenditure.
Trustee’s Responsibilities
The Trustees de-registered from the housing legislation, but continue to prepare a statement of account for each financial year which gives a true and fair view of the state of affairs of the trust at the end of the year and of its surplus or deficit in the year. In preparing the statement, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the statement of accounts;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue its operations.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust at that time and to enable the trustees to ensure that any statement of account prepared by them complies with Schedule 1 to the Housing Act 1996 and the Accounting Requirements for Registered Social Landlords General Determination 2014. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees also are expected to maintain sound systems of internal control and to review them annually.
Signed on behalf of the Trustees
Date 31 March 2026
Page 2
Skinnergate Almshouses Accountant's Report For The Year Ended 30 November 2025
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
31/03/2026 Total Tax Solutions 2 Peel Court St. Cuthberts Way Darlington DL1 1GB
Page 3
Skinnergate Almshouses Income and Expenditure Account For The Year Ended 30 November 2025
| Notes TURNOVER GROSS SURPLUS Administrative expenses OPERATING (DEFICIT)/SURPLUS Income from other fixed asset investments Other interest receivable and similar income (DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR The notes on pages 6 to 8 form part of these financial statements. |
2025 £ 16,156 16,156 (27,623 ) (11,467 ) 9,187 1,292 (988 ) |
2024 £ 14,894 |
|---|---|---|
| 14,894 (5,013 ) |
||
| 9,881 2,357 1,212 |
||
| 13,450 | ||
Page 4
Skinnergate Almshouses Balance Sheet As At 30 November 2025
| Notes FIXED ASSETS Tangible Assets 4 Investments 5 CURRENT ASSETS Debtors 6 Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 7 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS CAPITAL & RESERVES Revaluation Reserve 8 Income and Expenditure Account |
2025 £ £ 662,477 71,226 733,703 1,270 58,976 60,246 (720 ) 59,526 793,229 793,229 722,477 70,752 793,229 |
2025 £ £ 662,477 71,226 733,703 1,270 58,976 60,246 (720 ) 59,526 793,229 793,229 722,477 70,752 793,229 |
2024 £ £ 270,000 62,160 332,160 1,270 69,027 70,297 (717 ) 69,580 401,740 401,740 330,000 71,740 401,740 |
2024 £ £ 270,000 62,160 332,160 1,270 69,027 70,297 (717 ) 69,580 401,740 401,740 330,000 71,740 401,740 |
|---|---|---|---|---|
| 733,703 59,526 |
332,160 69,580 |
|||
| 60,246 (720 ) |
70,297 (717 ) |
|||
| 793,229 | 401,740 | |||
| 793,229 | 401,740 | |||
| 722,477 70,752 |
330,000 71,740 |
|||
| 793,229 | 401,740 |
The financial statements were approved by the Trustee on 31 March 2026 and signed on its behalf by:
……………………….. ………………………….. ………………………..
Trustee Council Members
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Skinnergate Almshouses Notes to the Financial Statements For The Year Ended 30 November 2025
Notes to the Financial Statements
1. Legislative Framework
The trust is registered under and regulated by the provisions of the Housing Act 1996. The trust is also registered as a charity under the provisions of the Charities Act 1993.
2. Basis of Accounting
The Financial Statements have been prepared in accordance with applicable Financial Reporting Standards, the Statement of Recommended Practice – Accounting by Registered Social Landlords and the Accounting Requirements for Registered Social Landlords General Determination 2014.
3. Accounting Policies
(a) Turnover
Turnover represents maintenance contributions receivable from tenants.
(b) Housing Properties and Depreciation
Housing properties are included at the valuation provided professionally. The trust’s properties are maintained to a high level which effectively means that the estimated useful life of the properties is greater than 50 years and the estimated residual value of the properties is no less than their carrying value. No depreciation is therefore provided. The property was valued on 06 March 2024 and the trustees are of the opinion that the value of the property has not changed materially.
(c) Other Fixed Assets
There are no other tangible fixed assets.
(d) Cyclical Repairs and Maintenance
Skinnergate Almshouses has established a regular programme of cyclical repairs and maintenance. Costs are charged to the Revenue Account in the year in which they are incurred.
(e) Extraordinary Repairs
Costs of Extraordinary Repairs, unless representing improvements to the properties, are charged to the Revenue Account in the year in which they are incurred.
(f) Cyclical Repairs and Maintenance Reserve
This reserve represents amounts set aside for cyclical maintenance to meet unforeseen costs in excess of budgeted expenditure for any one year.
(g) Property Revaluation Reserve
This reserve represents the difference between net book cost and valuation placed on the properties on 26 May 2006
(h) Extraordinary Repairs Reserve
This Revenue Reserve represents amounts set aside to carry out major repairs on Housing Properties.
(i) Charitable Fund Property Reserve
This represents depreciation equal to loan repayments made in previous years.
(j) Value Added Tax
Skinnergate Almshouses is not registered for Value Added Tax. In these Financial Statements, where applicable, expenditure is shown inclusive of Value Added Tax.
(k) Cash Flow Statement
Under Financial Reporting Standard No. 1, the Trust is not required to produce a Cash Flow Statement.
(l) Taxation
The trust is a registered charity, and is, therefore, exempt from liability on its income and capital gains.
Page 6
4. Tangible Assets
| . Tangible Assets | |
|---|---|
| Cost As at 1 December 2024 Revaluation Reserve As at 30 November 2025 Net Book Value As at 30 November 2025 As at 1 December 2024 |
Land & Property Freehold £ 270,000 392,477 |
| 662,477 | |
| 662,477 | |
| 270,000 |
Page 7
Skinnergate Almshouses Notes to the Financial Statements (continued) For The Year Ended 30 November 2025
5. Investments
| Cost or Valuation As at 1 December 2024 Additions As at 30 November 2025 Provision As at 1 December 2024 As at 30 November 2025 Net Book Value As at 30 November 2025 As at 1 December 2024 6. Debtors Due within one year Other debtors 7. Creditors: Amounts Falling Due Within One Year Other creditors 8. Reserves As at 1 December 2024 Revaluation Loss for the year and total comprehensive income As at 30 November 2025 |
2025 £ 1,270 2025 £ 720 Revaluation reserve £ 330,000 392,477 - |
Listed £ 62,160 9,066 |
|
|---|---|---|---|
| 71,226 | |||
| - | |||
| - | |||
| 71,226 | |||
| 62,160 | |||
| 2024 £ 1,270 |
|||
| 2024 £ 717 |
|||
| Income and Expenditure Account £ 71,740 - (988 ) |
|||
| 662,477 | 70,752 |
Page 8
Skinnergate Almshouses Detailed Income and Expenditure Account For The Year Ended 30 November 2025
| TURNOVER Sales Rent Losses from Voids GROSS SURPLUS Administrative Expenses Rates Light and heat Cleaning Repairs, renewals and maintenance Insurance Accountancy fees Legal fees Management fees Sundry expenses OPERATING (DEFICIT)/SURPLUS Interest from investments Other interest receivable and similar income Bank interest receivable |
2025 £ £ 16,156 - 16,156 16,156 673 874 - 21,620 842 720 - 2,810 84 (27,623 ) (11,467) 9,187 9,187 1,292 1,292 (988 ) |
2025 £ £ 16,156 - 16,156 16,156 673 874 - 21,620 842 720 - 2,810 84 (27,623 ) (11,467) 9,187 9,187 1,292 1,292 (988 ) |
2024 £ £ 15,042 (148) 14,894 14,894 - 734 122 746 805 340 76 2,090 100 (5,013 ) 9,881 2,357 2,357 1,212 1,212 13,450 |
2024 £ £ 15,042 (148) 14,894 14,894 - 734 122 746 805 340 76 2,090 100 (5,013 ) 9,881 2,357 2,357 1,212 1,212 13,450 |
|---|---|---|---|---|
| 16,156 16,156 (27,623 ) |
14,894 14,894 (5,013 ) |
|||
| 9,187 | 2,357 |
|||
| (11,467) 9,187 1,292 |
9,881 2,357 1,212 |
|||
| 1,292 | 1,212 |
|||
| (988 ) | 13,450 |
Page 9