CATHERINE WALKER ALMSHOUSES
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31ST DECEMBER 2024
Ho(iyliig Corporalloii No.. A4430
Reglgteyert Charlty No: 230124

CATHERINE WALI<ER ALMSHOUSES
CONYENrs
PAGE
Board ReFY)rt
Independeiil Audllor's Re.Jx)rt
51atenieDt off Coiiiprehe.nslva InconiÈ
Ilncluding I￿ome & Ex(ieiid1tu￿ Account)
Balance Slieel
Stalem&nl of Cliaiiges In ReseNes
N￿&$ lo the FliiatKlal Statements
8-12

CAT14ERfNE WALKERALMSHOUSÈS
BOARD REPORT
FOR THE YEAR ENDED 315T DECEMTIER 2024
es
sol
Houslng Assodilon and Charlw leglslaNDn requlre Trustees to prepare fina11dal Stètemehts for each ftnantlal
year, vih.'ch glve a true aiyl falr ￿eW ol th& slate of allalrs of the Charlty as at the end of t1￿ Nnènclal year
and ol the surplus or deftol lor that port￿. Ir) preparlng the Flnaiiclal Statements, suitable accotsntliig pollcles
have been ailDPted and conslgtÈF)1ty applled, lo the best ol the Trustees, kiiowledge bellef, by referen
lo reasonable and prijdeiil ludgeiiieiils and esllmales. Appllcable accountliig standards Iiave beei) followed,
Tha Trusleeg are ￿pO￿lkI￿ lor nialnlalnlng adequate arcounllng records, h. ufegiiardlno tlie 4sseks of the
Cliarfty ali
d for pfevei)tlng and dele£llng fraud and other Irreguladlles. Tre Twslee5 are also iequlred lo IndScate where
th& ￿na￿tal Stat¢nieiits are wepjred olliEr than on Iha bdsls that di?rlty Is a golng concern. Tlie Trustees
have had dup regard to th@ guldance publlsl)èd by the Charities Cornmlssloi) In ol publlc boneflt.
ThÈ IfU51¥e5 pf 1118 Ctiailty reovlyrw revlew Ilitt C￿rIty s nnance5 to determine ihe Iiilnlmum amoiiiit of
reseNes reqiilred for Iheday lo day n13Th￿￿￿)entQf the Cliarlly In orderlo provlde for Ihe ftitUY6. Anyamounts
over ond above Ihls mlnlniuni ere hivesled bkck Into 11)e Charity Iii the furlheranTr ol Its oblectlve5 sel oul Iii
Ils Scheme,
The Charfty Is requlred lo work 14rtlliln Ihp parameters ol118 Scheme In respect ol Iiow aiid where11 can rea'ull
new Trustccs. As part of the M¥nageiiienl Agreement b¥￿eell the Alm5htsu%p. and Green sqtsare Accord,
of the se.Nlces GSA orowides Is advlce and support to ensure the Charl￿$ adherents to Ils ¢nii%lil(Itliiy TNSI
Deed and SchemD. nils l(Kludg.s Iralnlftg and adn)Inlgtratlve 5UPPOrt In ap￿￿tn7enI of new trnstees.
The tharlly Is conslKuted under a sclieme dated 22 Dilober 1897, a scheme dated 22 Aprtl 1910 and 6 May
1925 as vartoj byorder dated 20 September 1935 and a scheme daled 4 QEtobgr 2004, The Cli3rlty'5 objects
ale tl)e prnv151on ol houslng accomM￿o￿On for ben8fltlailes such choiltablè purposes f(Y the re.51deDts
as dia Iiustees declde,
The Chartty owns SL% AlmshoiiÈes, s11￿al& at Buckw H0115e, Cartmel Hougè and, Ml*els ￿drIdge.
'Tlie Cliarltylg registered wllh The a)3rlty Coniinlssloners for England and Wales (Niiniber., 230124), and with
tlie Hoin& and ConiTrTrunltfes Agency {NuMber,' A44301. It Is g(Nenied by tno Chèilty thniiiilssloners foy
England and Wales scheine dated 4 Oclokr 2004.
Th8 day-lo-day nianègenieiit aiid adtnlnlstr4llon of the Alinshouse5 Is carr￿d out ty Green Square Accord
Houslng Agsoclalion Llnilled and overseen by the Board who ftieel on a qiiarterly basls, Tlie &)ard con51sts of
Ilie Trustees of the Chailty,
The performants Df the Chartty Is as dlsclosed In the fl113llclal Statements on pages J-12.
The Trustee5 Lonslder that the charlty Is In a soiind ftnfinclal pDsltlon at the year-eTrJ.
tJlSCLOSURE OF INFORMATION TO AVDITORS
Sn far a8 the Twstees fire iware there Is no relevant audlt Inlormatlon of Yihlth th8 charfty's audltors ale
unawar8, and eacli Iruslee lias takeii all steps that he or she ought to have taken as a Trustee In order ID
make 111n￿ell or kne￿1[ aware ol any relevant audll Iiilorni£llon and lo eslobllsh that Ilie diarltysaudltors are
aware of tllat Inforiiiallon
The Trusteeg wh(} Iiave sery&J the Charlty durtiw Ilie year aiE as ft)Ilows'.-
Mrs M Maln
MI￿ Charlotte Plolmes
Ke1tli Sears
Paul Pullerglll
11@v sf&p11É17 Dael
Ms Paulliie WI1￿17
For ai]d ¢)n behalf ofihe fioard
Dèle
Iq11112og(

CATHERENEWALKER ALMSHOUSES
INDEPENDENT AUDITOR'S REPORr
TOTHE BOARD OF CATHERINE WALKER ALMSHOUSES
Wè Iiave audlted t1￿ finandal slaiemenls of Catherlne Walker Almshouses (the assc(l8tlon? fLY the year
ended 31 Decembei. 2024 whlch coiiiprlse ola stateme.lit nf cOrnprehen￿ve Inwme, 4 balance sheet and noves
to Ilie fi118iiclal statements, Iricludlng a suniniary of glgnlflcant accounUn9 policles, Tb.e fi114ntial reportlng
franiework thal lias bèen applled Iii thelr prepardllon 15 appllcablc Uiiiiert Klngdoni Acccrtjntlng
standait15, Indudkny Flnanclal Repoiilng Slaiidard 102 file FlnandalReportlng St&nd8rd¢yppl/cib/e In UK
nd Republlc ofJieland (Uiisfeit lQngd)tn Gp.neially Accepted Accoununo Pfactlcel,
In our opli)ton the ftnancl41 stateNenls'.
glve a Iruo aiid falr tdÈi¥ of the state ol the asscclttllon's gffalrs 8$ Jt 3J51 December 2024, arKI of Its
IiiTrni1ng rèsources and appllcatlon ol rÈsourtei, Inclu(Iliig Its Inconie and expendlwre, for the year Iheii
Iiave been properly prepared In accorthnce wllh Unlted Klngdom Gene.ralTy Atcepted AtCOLinllno Pracllce.
and
have been prepi< red In acc(>rdance ￿th the requlremerits of the tharllles Act 2011, tlie Houslng ènd
RegeiieraNon Att 20D8 ai)d Ihe Arcounllng Dlrecllon lor prlvale reglslereij provlders of soclal hoiislng Ill
England 2022.
Bhsl$ for tspiniom
We coTh8ucled our audlt In accordaiKe wltl) Jnlernatlonal Standards on Audlllny (UK) IISAS IUKI)
appll¢4lle law. Our respoiislblllUe* under those standJrds are furtherd&cribed In the Aiidllor's re5ponslbllllle5
for ihe dudlt of the flnanclal siateineiits xllon ol our report, We are IIKlÈneiide.Iit cif the assoclallon In
accor&nce wllh tne elhlc81 requlreni&.nts that are relevanl to oiir audlt of the financlal 5lalenients Iii the UK,
Ir￿￿dIng the FAC'S Ethlcal Standard, and Ive have fulfilled oiir other ethlcèl respoi)slb411Ues In accordBAtr 4Yllh
Ihe5g requlren)enls. We bellÈve that thè audlt ovldeiic¢ we have oblalned Is sulfident anil approprlalp to
provlde a Imsls lur oiir ophlon.
Coneluslojis rglatlll9 to gu¥liig co#cei'rt
Iii aud5tlw Ihe flrkinclal slalements, Ive hève concluded that tlia btrard's use of the goliig COtKwI) bas15 of
accounting li) Ihe weparatton ol the fl￿an￿al slatemenlslg appropylate.
sf.d on the work we Iiave perfornied, we have not Identllled any Iiiaterfal unceitalntles re13tlny to events or
conthtlohs that, Indlvtdiially or collecuvety, may cast slgnlficant doubt 011 t1￿ assodallon's ablllty to contlnuc
as a golng coiicexn lor a of al least iwelva Trionlhs Ironi when the ftftanclal stalenienls are aut1￿¥[Zed
for Issue,
Oiir respoTrslblVUes and tl)e responslbllllles ol Ilip. board Fyllli re5peit lo oolng concerTr are descclbed In the
relevbnl seciloiis of Ihls reporL
otljer Iiiforinatioii
oiher Inform8tloii conipiTse5 Ilie Iiifui'niatlon Included In the ￿3rd report, ouier than tlie niianclal
51aleii)ents and oiir audllor's report Ihereon. The b)ard are reSporbSlb￿ For the other Inloriiiadoii conlaSned
wlthli) the board rèport, aur oplnion on the finandal 51alements (Joes not cover the other Infdrnièllon snd,
except to tlie extent ollieNl* explldtyy slated In our report, we do not express 41)y form ol assur4n¢È
conCl￿on thereon.
r re5pon51blliLy Is lo read the other Inforniallon and, In dolng so, ¢onslder whether the olher Informollon Is
materlally lllconslstent wlth tlie ftn¢itKlal stateme.nts or oiii knovile&Jp obtaliie(I In the course of [￿le èudlt, or
ouierwlse appears lo be i)111terlally mlsslfited. If wp l(lÈiitify such nlalt.rlal Iiiwn51stencles or Iipparenl T￿terIal
nilsslatenienls, we are iequlred to delermliie vilietlier Ihls glves flse lu a nialei'lal Inlsstalement li) the flnancl?I
statements Èhernselvo5. If, bB5ed the work vie have performed, Ive condiide Ihal Iliere Is a materlal
misststei?ienl of t1￿9 other Inlormallon, Ive reoiiired to report tlkt fact.
We have noll)in9 to report Iii Ihls ieoard.

CATHERINE WALKER ALMSHOUSES
INDEPENDFNT AUDJTOR'S REPORT
TO THE BOARD OFCATHERINE WALKER ALMSHOUSES
Maltays oil whlch w¢ nro Yeqiilr8d to r8lJOIt by ex¢eptlon
We lTrave nothlng to report In respocr of tl)e lolloi¥lrig Inalters In relauon to whldi the Chartlles (Accounts aiid
liewrts) Regula110115 2008 requlro us to rei)ort to you If, In our opliilon..
ie Informa￿0￿ glvei) IE) the fln&nclal statenients Is Inconslstent In any materlal respect wllh ItiÈ board
re￿>rt,, or
sufficleiil accoJnling recoids have iiol beEn kept,. oi
thé I￿NaliCIal stateinents are not In 3greeineiit wllh the occountlng recoids; or
we Iiaye not re￿1v￿ all the Inlormallon and oxplan8tloiis we reqiilre forour a￿lt.
Iii addlllon, sve have nolhin9 to re￿)rt In r?.spNct of Ilie lollowlno maltei ivlier¢ tlie Flou￿ng aiid R¢gene¥allon
Ael 2008 requlros us to report to you if, In our opliibn..
satlslaclory of contrd over transactlon5 hd5 not been M81ntalne￿.
Respoiislbllltles or the boJr¢l
explaliiÉtt Inorè fully Iii Ili¢ boerd's responslbllltles slalenienl Iset out on page 11, the board n)ernber6 Iwho
arc &lso ttie Irustees off tlie assoclallon for 11)e pvrposes of chartty lawl are responslble for the preparallon of
the ftntindal ttalpinp.nls Bnd for belng satlsfled that they true ond lalr ￿ew, Ind for such Internal control
as tlie board de.tg.rmlne 15 necessary trj enable the preparallon of nnanclal stat¢iiwnls U)al are flee Irom
nTral¢rial DIls51atemenl, ivlielher due tt5 fraiid or error.
In preparln9 the flnanckl stèlemÈnls, the board Is responslble forassesslng the l55oclaifoii's ablllty to conllrtrue
as ? goliig concern, d15doslng1 as appllcable, matters Yel8led lo yOln9 concern and iislng ilTre goino con￿rn
bèsls of accounllng unless tlie board ellher Intends to Ilquldate Ili& assoclailon or to cease operatlons, or hai
no reallsuc 8lLernalWo bul to do $0.
Aiidltpr'$ re9poii$lblllllos for tlie oiidit oltliB fliiHnclal gtHtomenls
Our ablp.cUves are to oblakn ieasoftablè as*irance abolit wliether th8 flnanclal $14teniehts as a wliole are free
from niaterlal mls%latenient, whellier cliie lo fr4ud or eiror, BIKI lo Issue ali audltor's report lthl Incliidos oiir
oiilnloii. fteasoiiible aggurancelg 8 Iilgh level ol assuraiice, bill Is not a g1iarafi￿e tI￿t an audlt conducled In
accordanct wlth fsAs (UK) wlll 8lvi3ys detect a Trialedal n)Isstatement when 11 exists. Mlsslatenienls can arlse
froill frau(S or eiror and are consldered i¥atèMal 11, Iiidlyldiially or In tha aggyegata, they o)ul(I reas¢￿ablY be
expected lo Iiifluence Ilie econ0nilcdoc1￿ons of u*rs taken on the b6sls ol these fliihndal slaEp.iiienls,
We hDve been app￿1￿￿È￿ 85 aiidllor under secllon 1441 of the Cliarllle$ kt 2011 and secllon 136 of the
Housliig and Iiegentsratbn Act 2008 and report In accordance lvlll) reg4Jla119ns Ill￿1e uiider sectlon 154 of the
Chaillles Act 2011 and secuon l37 01 the Houslng aiid Regener8llon Act ?00￿.
'rhe 5peafic procedures for tlils engageinent èii<J the exlenl to vihlcli ihese are c8pable of delectiiio
IriEgul)rlUes, Intludlng fraud Is detalled beloiv:
In Id?nllfy4ng and a5sesslng rt5ks ol Inaterlal mlgstalenient In rÈ2PÉet of Irre9￿a￿tIes, Includlno fraud aiid
non-conipllanr.e WIU) laiy5 and regulatloi)s, we consldered Ilie foll￿￿￿￿..
the n3lure gf the se(tor, coi)Irol eniiyonnient ynd buslnpss perforni3iice,'
enqulrtes ol IhoThagefflenl about thelr Identlficallon and cissessmeiit ol the risks ol Irregularltles,.
any Illblters we Ideiillfted havliig rerteived the assrKI?lions prO￿d￿re$ for coinplylny with Ihws aj
reyJlilion5 , and wlielher they were aware ol ony Ii)slances ol non-coinpllbnce, and any 4clual,
suspette.d Or allegoj fr¢iud. The key laws aiid iegul8tloiis we consldered In Ihls context Included the
Charllle5 Act 2011, and Ihp Hrtiisln9 and Regenerallon Act 2008.
OUT piffe{￿reS to respond lo rlsks Idenllfted Incliided Ihe follow1￿.,

CATHERINE WALKeRAIM$HOUSE$
INt)EPENDENT AVDITOR'S REPORT
TOTHE EIOARD OF CATHERINE WALKER ALMSHOUSES
reWvNln(J the flnandal statremp.nt dlsr.losi)rÈs and tesllng to supporllng dLKtimentatlon,'
eRqulrlng tsl nianagenient conwiiliig ￿tell(la1 Illlgatron and daln)s;
performliig 8nalytlL'al pro￿dureS to Idenllfy any UnVsu8￿ or unexpetted rektlonshlp$ ilwr may Indlcate
rlsks of malerlal m15slalement due lo ffaud,.
test1￿ ihe approprlateness ol journal entrles and other adjustn1￿Ls, asse551ng whellier arcoyiitln9
esUmate5 s¥ere Iiidlcatlve of a PDlentlal blas, anc5 evalvayng any slgnlflcint tran￿(u011$ that were
UIIU5ual or ¢￿81￿e Ihe normal course ol buslne55,
We also refflalned alert lo any Indlcallons of fraud or non-compllanTr wllh laws and regulallons throughout
the audll.
Eecause ol the Inhe￿11111￿?Ital1olIs ol ai) audll, there Is a rlsk that we vdll not detect all lyregularlbes,
Includln9 IIiosB leading to a malertal mls518renient In thé flnancl81 slateinents or I)￿1-ComPlI8ntt vjllh
reoiilallon. nils rfsk In¢reiises the mow Ihal CDmpllance wllh a laiv or reoulallon 1% re.moved froni I
¢vents and trai1￿CtIonS reflected In t1￿ nnaiiclal stat&menls, as we wlll be less Ilkely to become 4ware ol
l#sl¢inces of noii-conipllarKe, The rlsk Is also orealer reuardlng Irregularllles occurrtng due lo travo ratlier
Ihaft error, as Iravd k)volves jnlenl1￿eI ¢oncealnienl, forgeryi colluslon, oiiilsslpn or mlsrepresenlauon.
A further de5cdpllon ol our reswn51bllltles Is avallable on the Flnanclal ReForUftg Coiiiidfs webslte. Tlils
descrlptlon forms parl ol our aiidltor's report.
Th15 report 15 made 5¢4ely to the asso(laVon's b08rd, 05 a b￿v, In &tcordan¢e wllh Parl 4 of tlie CliaHNes
(Accounls aiid Rep)rts) Regutsdoiis 2008 ènd secdoii 137 of Ilie 14ousliig ¥ntJ Regenerè(lon Act 2008. Our
aud',t iyork has been IinderlakÉi) so that we mlght slate lo the ègsotlatlon's board UIc15e Inalters we are
requlred to slate to thÈni IM an audllor's report aiitl for no ott)er piirpose, 'fo the fullest 6Xtent permltied by
law, we do not accept or assuihts re5Foiislblllty to aiiyonp athe.r thai) the assocladon and tlie assc(Patk>n 5
board Is a kndy, for our aLidlt work, for th15 report, or for the (plnlons we have foift)ed.
DJH Audlt Llmlte.d
Stahitoiy Audltor
Church Cwrt
Slourbrldge Road
14alesoiven
Wesl Mldland5
863 YF('
Date

CATMEniNE WALKER ALMSHOVSES
Stateiiieiit of Coinprelieiislvg Xiicaihe (Incliidliiu Iiicome aiid Exp8iidlture Accoiiiit)
for tho ye¢ll' elided 31st D¢cemlJer 2024
Note
2024
2023
Turiiovar
33,33
33,830
Operailiig Costs:
Naiiageiiient
SeNlces
Malntenaiice
Dep,'eclatlon Ihcliidlng loss on dlspo531
(10,3421
(6,3341
14,9311
(9,8501
15,7751
(1,3841
1&&5fiJ
Oparatliig Surpliis
6,644
12,165
Interest Rece￿&ble and Other Tiicome
Interest Payable aiid Slnillar Charges
Movement on lalr value ol InvEslnieiit5
1,012
12A>751
1,362
(2,3081
Siiyplus on oi'dliittry A¢tlvltlo$ bofore tttxation
5,731
11,294
Ta¥ on surplu4
SuriJliisl(Qeflcit) fot the yeoi.
73
Total ComyrolionslvE Xi)come for tl)È yokr
)e Finanelal Statements were approved by the Trustees and SI￿ed on behalf OF the **riJ by..
Trusteo
Yru$t¢e
Date

CATHERINE WALI<ER ALMSHOIISES
LIAlnnco 51)e8t
For the Year EiidBd 31st DÈtember, 2024
Note
2024
2023
FIXED ASSETS
Hou51ng laiid 85)cl twlldlngs (net ofdBpreclallon)
437,403
Investments
io
436,940
441,876
CURRENT ASSErs
Dèbtors
Cash at Ilank
13,881
13,541
74,093
61,064
tURRENT LXABILITIES
Ci'odltors: Amount8 fallliig due witliln
one yeftr
12
056
NET CVRRFNT ASSETS
TOTAL ASSETS LESS
CURRENT LIABXLXTIES
Creditors: Ainoiints fhlllnu duo
after olio yopr
(133,064)
11.39,573)
PIET ASSETS
CAPIYAL hND RESCRVES
Revenue Reserve
15
55,913
350,182
I'he Fin8nclg1 St4teTrienls were ai>proved by Ihe Trustees aiid rlgi)& 01) ￿lIalF of the Board by..
Triistee
Yi'ustee
1911L
2r
Dato

CATHERINE WALKER ALfvISHOUSES
5tatoniont of Clianges 011 Res¢rv45
For tlie Yoai. Iiiidgd 31st Deceinber 2024
Note
Rovaliiatlon
ReseNe
Total
Reserve
At l Jg#11#ry 2023
Total C￿￿prehenSIVe Iiicomp. for 2023
At 31 Deceinb&i' 2023
Total Comwehenslve IncoFne foi 2024
At JI O&ceiiib61' 2024
5]
ZIL
35

CATHERINE WALI<ER ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31ST DtCÈMBER 2024
PRINCIPAL ACCOUNTING POLXCIES
Calherine Walknr Aln151)0115e5 Is eslaLqlshed Is an unlncorporaled charty under Charllles Acl 2011
a(Iil Is d prlvate. re9lstered provlder of sLKl41 hoslng In the Unlted KlnOGm. The Bd(Siesses of the
places ol buslness are glven In Ilie revlew ol operatlon5 on Page l ol t￿￿e nnanclal slalenien15. Th8
n41ure gf the chèrltles oparallon$ and princlp61 actlvalÈs are l() provide rellef for Ihe persons In
hardshlp by the provlslon of PJinsh¢>vse accomm&datlon.
The Charlty constJtute9 a publk beneflt entty as defined by FRS 102.
The Flnanclal statel￿entS have been prepared In accordance wllli 8ppllcablÈ attoun￿lIfj standards
Iiicludlng Flnancla,, Reporllng Stanijèrds 102 'Tha ￿lianc4)I Rewrtlng Standard5 appllcable In Ilie UK
end Republ1¢ ol Ir¢land' IFRS 10?), Ihe Slatemeiit 01 Reconiineiidp.d Piacllce for .fttlal Housln
pro￿derS 201$ ISORP 20181 Èiid wlll) Ilr Accounllng dlrecllon for wlYal¢ reg151ered provldeis of
s￿181 houslng In Ep.glafjtJ 2022, The Flnaiiclal Slalenienls <ire 8150 prepared under Ihe requlrenients
ol Ilie Hobslng and Regeiiertlloii Act 2008. The Fliiailclal Slale,-iien15 have bEen prepared on a go,'ng
coiicert) basls linder the hlslorkal cost conventlon, rnodltTed lo Include certaln Ile1115 al falr value. T
Flnanclbl Statements are pi'ep3red In slertliig, vililcli Is the ￿￿(tIonal currency off tha t￿￿ty.
Tre slgnlflcant atcountliip polltle5 apF41ed In the prep8rallon of these flnanclal statements are *t otsl
bdow. Yhè* pollcles have been coiislsten￿y appiled to all years presented olhomlse slated.
(a)
Bas1¥ of Accoiintlng
7he Flnanclal Stsleniènts aiE prepared on tlie Iilslorlcal cost L)asls of accouftllno as modlfied
by ttie reyaluatlon of ￿rtaIn fixed assets.
riiriiovÈr
Tumover represents rents, ènd gervlce charges recelvable and amorusèllon ol grants
recelved.
(b)
(¢)
Housliig prop81.lies
DLJAng Ilie year ended 31 lleceinbei 2016 Catherliie Walker AlmslioL15e adopied fvll
coftii)oiieiit accolinling In relatlon lo tlie caplta115ation and depreclallon of Ils houslng property
Strrk, Pre￿IoU￿¥ the Alnisliouse depyeclated hou￿￿ propertle> at a rate of Ivo Stralght Ilne.
OTh freeliold bulldliigs belore deductlng Sod31 Housln9 Graiit. Froni l Jaiiuary 2010 all Iiouslhg
?ropertles hove Iieei splll betwo.en their lond, strticturè Losts and l()elr rnal¢r ¢QYllPDnents
'Nhlch ieqiilre perlod'c rei)lacemeiit,
Refu¥blsJ)Tr)ent or replaceinent nf S￿h Iiijjor
otnpoiieiits Is c8plta115ed arKJ depreclated over the eslln)ated useftil Ille ol the conipDneiil 475
sliown In the table below. Land Is not depreclBted,
Compoilent
Estlmatod iiseliil
lif¢ iiiL¥Hrs
Kllclen
&lhYaoiii
BoSler & Coiityal Heiuli
Wliidows & Doors
20
30
20
35
(d}
Goveriiimeiit Graiits
Government gi'anls, Includlng Soclal Houslng Graiits (SHG) wlilch was recelved Ii'om the
Houslng Corporatlon In respett ol hoiisliig properoes, are recognlsed at Ihe farr val,Je of
asget recefved or iecelvable arid accounted for uslng the 4￿￿1111 modd, They are recoonlsed
as a Ilablilly and ainor115ed over Ilie useful ecoiionilc Ilfe or t1￿ Bsset, The ainorlisatlon Is
rec(MJiilsed ￿thI17 Turiiover.

CATFIERINC WALKER ALMSHOUSES
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31ST DECEMfsER 2024
(el
Investimeiits
Inve51nienis are siat¢d at la1r valuÈ, belny markel value at the balance sheet date,
If)
Pioi)erty Xinpi't)veMeiits
Ihe Trv$lees have eslablishefJ a regular wogyamme of cycllcal repalrs and malnten411ce, If
lI￿prOVementS to properNes are ¥4iorks, whlch rcsultr In all Iiicrease Iii the i)et reiital Inconie,
as a reducttoii In future Inalnteiiince costs, or result In a slgnlflcaiit @xlÈnlon OF Ilie
useful econonilc Ille of the property In Ilie bu51ness. All other major repalrs expendllure Is
charged lo dip lnr.omp aiid expnditiirè aCcou￿t for Ilie ye8r.
Value Added Tax
Qlherlne Walker A11115houses Is nol re9lstered for Value Added Tax, In these Flnanclal
Slateimenls, where appllcable, expendlture15 Shovin In¢luslve of VAT.
(lil cash Fluw St4teiiieiit
Under I'.RS 102, the Chartly Is not requlred to produce a Flow SlJtemeftl,
(g)
2. TRUSTEES INOLVMENT5
TtlÈ Dlre(lors are deflned as the Trustees. NonÈ ol the TIu5tees recelved any Ènioluments Iii tlie currèiit
r Pre￿Ing years.
3, EMPLOYEE INFORMATION
The Charlw employs no slaff.
4, TURNOVER
2024
2023
Ronl
SeivlcÉ Chargg.
l.ess'. Bad Debt
Aniorlis)Ilon of Government Grants
31,927
29,429
2,132
4,704
(1,8181 11,418)
145
3IQ3Q
5. INTEREST RECEIVABLF AND OTHER INCOME
?.024
2023
Bank Iiitere5t
Iiivestiiienl Illconie
1,012
1,362
6. INTEREST PAYABLE AND SIMILAR CHAIiGES
2024
2023
Houslng Loan Interest
Y. SURPLUS ON ORDINARY ACTIVITIES
BEFORE TAXATZON
2024
2023
Thls Is slated altei. charglng.,
Audllors R&.niunerallon Ilncludlng VATI
In Ihelr capadty as AudIt￿S
L121

ATHERYNE WALKER ALMSHOUSES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST 0￿CEMBFR 2Q24
6, TAXATXON
Catherlne W2lker Atmsh4Juse8 Is a reglstered Chartty and Is, ttierefore, exempl from lknblllty to
taxallon on Its Inconie and Capltal 9alns,
g. PIXED ASSETS
2023
HOUSING LAND AND BUILDINGS- Fr8eliold
Cost
As at 315t D￿Émber 2023
Addlllons In year
Dlsposals11i year
536,147
532,123
4,024
1,357
at 3151 De￿fftber ?.0?4
DopreclatTon
at 3LSt December 2023
Cl?aYoed In yÉar
DIsp05ed In yea
98,744
4,841
I,iiJ
94,088
4,656
As al 3151 December 2024
Not Book Valu¢
At begliinln(J ol year
At erKI of year
land wlth an eslliiiated cosl ol £l?1,5GO Is not deprec￿ted.
IQ. INVRSTMKNTS
2024
2023
otlidr Iii¥estTiio1115
At VJluaWoii'.
NAA Comnion Iiiveginient Fund
As at 3151 Deceiiiber 2023
RevaluJllon
As at Ilsl Dc￿mbe1. 2024
4,400
15
At Cost
TDtal
At beolrinlnu of yeAr
At end of year
4,475
4,400
AI C05t
io

CATHERfNk WALKERALM5HOUSES
NOTllS TO THE FINAMCEAL STATEMENTS
FOR THCYFAR ENDED 31sr DECEM3ER 2024
11, Debtors
20?A
2023
RentArrears
Provlsloii lor Bad Debts
Pfftpayrnenls and Ac£rued Incom8
Siiiidry Debtors
1,652
(1,41f31
292
866
I?.. CREDITORS: Ailloiiiits f•lllnu diie
wllhln oiie
202.4
2023
Trade Creoltors
Rent prepaynients
Houslng L￿￿9
Accruals
Gtsveinilleiit Grants
3,974
5,L94
11,695
772
4,949
S,440
13. CREDITORS: Aillouiitg fèllliio d(iÉ
ufter niore thali 0116 year
2024
2023
Government Grants
Hou&ng Loan5
101,287
102,60?
14, SECURED LTA8XLITIES
2024
?.023
Hovslng Li)an5
The hOU￿n9 loan15 *(xJretJ by a legal charge on tlie freehold property. Il Is RepayaNe by
31$1 M3rdi 2031, by Inslalment5 at a late of 0,45Vo above base rate.
li(wsli)g108n lalllng due after niore Ilian one year falls due as follows',-
2024
2023
Between one arid Iwo years
Beiween iwo and flve yeais
Afier Iiioro thèii flve years
5,452
18,028
J191
5,194
17,178
li

CATHERINE WALKERALMSHOUSES
NOTESTO THE FINANCAALSTATEMENYS
FOR THE YEAR ENDED 31ST DPCEMDER 2024
15. REVENUE RESERVES
2024
2023
8rought lomard
Defldl f(w the ye4r
Al 3J£4 December 2024
338,8B8
Included wllhln the R¢venuÈ Reseives a￿ an)ounts ottglnally from the revaliiauoii ol
Investments In current and eartler years a5 ftsllovjs,,
Totwl
At 1st January 2024
Inveslmeiit Revaluallon
4,475
At 31tst De￿rnber 2024
62
16. ACCOMMODIITION
Thè tharlty managed 6 unlts of houlno for older reople, throuthoul the perlod.
12