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;
- 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