THE HENRY BELL HOMES TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 14TH JUNE 2025 CONTENTS Page Trustees Annua] Report Receipts and Payments Account Statement of Assets and Liabilities Independent Examiners Report TRUST INFORMATION RECI.STERED CHARITY NUMBF.R 230267 CORRESPONDENCE ADDRESS Galbraith Hexhan) Business Park Burn Lane Hexham Northumberland NE46 JRU TRUSTEES J. M. Clark, Esq. (Chairman) G. Brogydon, Esq. P. Clark. Esq. (Vice Chaiman) M. Graham, Esq. SECRETARY A. Sharp Esq. BANKERS Lloyds TSB PLC, Hexham, Northurnberland INDEPENDENT EXAMINER N.B. Lancaster and Co., Chartered Accountants, 6 Brunswick Sir¢*t Carlisle CAI IPN
PAGE I THE HENRY BELL HOMES TRUST TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 14th JUNE 2025 HISTORY OWECTIVES AND ACTIVITIES OF THE TRUST Henry Bell of Hexham died on 12, October 1920. Under the tenns of his Will four prop¢rties kll0 as numbers 4 - 7 Dene Park, Hexham were left in Trust to provide low-cosl accommodation for elderly persons, in the Parish of Hexham. The Trustees are responsible for managing and maintaining these properties. In detemiining their aclivilies, the Trustees have held regard to the guidance issued by the Charity Commission on public benefits. MANAGEMENT AND GOVERNANCE ARIL4NGEMEIYTS The Trust is managed by four tSte¢S who meet regularly to discuss the general administration of the Trust's funds and any requirements from tenants for repairs and maintenance to the propertles. Where there is a requirement for further new trustees these would be identlfied and appointed by the rematning trustees. ACHIEVEMENTS AND PERFORMANCE OF THE TRUST There were no changes in Tenancy. FINANCIAL REVIEW The Trust's Current Account is held with Lloyds TSB PLC. Investment Accounts are held Trth The Cumberland Building Society. The balance OD all Cumberland Building Society Investmeni Accounts was £ 204,507 al 14, June, 2025. INDEPENDENT EXAMINER The Trustees have re-appointed N.B. Lancaster and Co., Chartered Accountants to undertake the independent examAnaEion of the Trust Accounts. Signed on behalf of the Trustees. J. CLARK
THE HENRY BELL HOMES TRUST PAGE 2 RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 14TH JUNE 2025 Y.E. 14.06.2024 RECEIPTS 18,000 Mainenlance Contributions from Residents 18.000 6,467 Interest ReiVed 7,258 24,487 TOTAL RECEIPTS FOR YEAR 25,258 PAYMENTS 2,636 PROPERTY EXPENSES Insurance 983 1,654 Repairs and Maintenance 3,073 Healing and Lighting 4,056 3,243 ADMINISTRATIVE EXPENSES 267 Subscriptions 275 2,616 Management Fees 2,408 360 Accountancy Fees 360 3,043 5,879 LESS TOTAL PAYMENTS 7,099 18.588 NET RECEIPTS FOR THE YEAR 18,159 173,770 CASH FUNDS AS AT 14TH JUNE 2024 192,358 192,358 CASH FUNDS AS AT 14TH JUNE 2025 210,517
THE HENRY BELL HOMES TRUST PAGE 3 STATEMENT OF ASSETS AND LIABILITIES AS AT 14TH JUNE 2025 AS AT 14.06.2024 CASH FUNDS Current Account'.- 10,109 Lloyds TSB PLC 6,010 High Interest Accounts- Cumberland Building Society 87,079 One Year Term Account 84,355 25,345 - Deposit No. 2 Account 26,369 75,825 Deposit No. 3. Account 93,783 192,358 NET ASSETS 210,517
PAGE 4 INDEPENDENT EXAMINF.R'S REPORT TO THF TRUSTEES OF THE HENRY BELL HOMES TRUST We report on the accounts ol. the Trust for the year ended 14 June, 2025 which are set out on pages I to3. Res ective res onsibilities of trustees and examiner The charity's trustees constder that an audit is not required for this year (under section 43 (2} of the Charities Act 1993 (the Act) and that an Independent examination is needed. It is my responsibiltty to (a) (b) examine the accounls (under section 43 of the Ael) to follow the procedures laid down in the Genera] Directions given by the Charity (c) Commission {under section 43(7)(b) of the Act); and to state whether partlCUJar matters have come to my attentton. Basis of the Rnde endent examiner's re ort My examination was caryied out in accordance with the Generdl Directions give by the Charity Commissioners. An examination includes a review of the accounting records kept by Ihe charity and a comparison of the aecounts presented with those records. It also in¢ludLS consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit: and consequently no opinion is given as to whether Ihe accounts present a 'irue and fair view, and the report is limited to those matters set out in the statement below. IDde endent examiner's statement In connection with my ¢xamination, no matler ha5 come to my attention.. (i) which gives me reasonable cause to believe ihat in, any material respect, lh¢ requirements (i) to keep accounting records in accordance with section 41 of the 1993 Act to prepare accounts which concur with the accounting records and comply with the accounting requirements of the 1993 Act have not been met, or {2) lo which, in my opinion, attention should be drawn tn order to enable a proper understanding of the accounts to be reached. . Lancaster, F.C.A. N.B. Lancasl¢r and Co.. Chartered Accountants. 6 Brunswick Street. Carlisle CAI IPN