ST JOHN'S ALMSHOUSE CHARITIES TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Charity Number: 230417
ST JOHN'S ALMSHOUSE CHARITIES Contents Page Legal & Administratwe Informalion Trustees Annual Reix)rt Independent Examinerfs ReFM)rt ststemenl of Financial Activities Balance Sheet Notes to the Financial Statements 8-13
ST JOHN'S ALMSHOUSE CHARITIES LEGAL AND ADMINISTRATIVE INFORMATION Mr M G Baker MBE Revd J A Randall CNpted Trustee- ChaiThan Ex-officio Trustee- Rector of the Parish of Huntingdon (Retired 28th September 20251- current vacancy Cllr A Blackwell Trustee nominated by Huntingdon Town CcMJncil Cllr J L Taylor Trustee nominated by Huntingdon Town Cwncil Mr A Butler Co-opted Trustee Mr L Button Co-opted Tnjstee Mr R R Dearman Co-opted Trustee Mrs E Irving Co-opted Trustee Mr T P Johnson FCA C(FOPted Trstee & Treasurer Mrs D Peacock C(Fopted TnEtee Mr C F Saunders Ctropted TTUStee Mr D Silk c(Opted Tnjstee {appointed Dmber 2025} Mr M P Westcott-RthYd C¢>opted Trustee Charitable Status St John's Almshouse Charities is an uninCorFted tharity registered in England. number 230417 Principlo Address The principle address of the charity is 27 Hartford Road. Hunlingdon, Cambrmjgeshire. PE29 3RE Bankers National Westminster Bank c, 92 High StreeL Huntingdon. Cambridgeshire. PE29 3DT Independent Examlnar Mr D G Croker Retired Chartered Acix)untant 5 Wilk)w Close, Brampton. Huntingdon. Cambridgeshire. PE28 4RJ SollcltOTS HCR Hewilsons. Elgin House. Billing Road. Northampton. NN15AU Clerk to the Trustees Mrs B Howells
ST JOHN'S ALMSHOUSE CHARITIES TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 ObJectlves and actlvllles for the publlc benefft The principal object of the chanty is Ihe provisN)n of almshyjse accL*nmcKlalion for single women who by force of circumstances and resources. are in need. Prilty is given to women who resKle in Hunlingdon. and it is this group of people which forns the basis of the public b8nefft provided by the charity. The charity carries out its objeclives by.. maintaining the extefflal and intemal features of the eight reshlential houses in George Street Huntingdon, in a secure and hatable stale. and advertising empty accommodatmjn to relevant local agencies. and reviewing the condrtion of the properties. and carrwng out capilal works after securing appropriate funding. The Trustees confim) thal they have refeed to the guidance contained in the Charity Commission's general guidance on public benefft when reviewing the Trust's aims and objeckn"ves, and in planning future activrties. Structure, govefnance and management The charity is an unincofporated charity managed by our Trustee Goveming Framework Manual dated 12 November 2012. and relaling back to the Charty Commission Scheme Ckx#Jment dated 28 October 1969. The trustees comprise 1 eXffiCI0 trustee who is the current incumbent af the Parish of Hunlingdon, 2 nominee trustees from Huntingdon Town Councd and a maximum of 9 other trustees, and any new trustees are appointed by Ihe existing Trustees. Where there is a co-opted trustee vacancy. the remaining trustees endeavour to refflttt a new trustee with relevant experience. skills and an empathy with the objects of the charity. As part of their induction. new trustees are provided with a eopy of the Trustee Goveming Framework Manual, the Residents Handbook. and various other relevant docum8nts to enable them to gain a full appreciation of their dulles and obligations as a trustee. The TTUStee Goveming Framework Manual contains the charity's policies for trustee induc11c. risk management. 1nvesbY wlicy and managem8nt of surplus nds. The trustees meet on a quartedy basis to reVW the positK)n and a slaThJard agenda is adopted to ensure that all matters are covered. The day to day administrab.on of propety management and resbjents issues is delegated lo the relevanl sub-committee. in conjunction wtth the Clerk to the TTUStees. but all major decisions are either approved or ratified at a full trustees meeling. The sUtC1)MmItteeS are: Residents. sutFcommittee" Buildings sutkcommrttee: Finance sU¢0Mmittee. Icontinued on page 31
ST JOHN'S ALMSHOUSE CHARITIES TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 (continued) Stntcture. governance and managernent (cont5nuedl The charity is a member of the Almshouses Association vthth offers assistance, advice, guidance and encourageTnent to the numerous almshouse trustee bc*Jies to enable them to provide suitable accommodation for people in need. The Association also represenls these charities with the Charity Commission, Homes England, and the Regulator of Social Housing. the Land Registry and other Govemrnent departments. Achievements and perforrnance Our residents are thTiving and happy. During the c4)urse of the year we have undertaken repairs and replaced old white goods. As well as this, contractors building behind the almshouses have been rep12cing the back and side boulldary wall and r resKlents are looking forward lo regaining their back gardens, where they often sit in the waMr months. The Truslees invited the residents, uS a guest. to Bud(den T(Jwers for a tea paty and short talk about the Towers. The Mayor of Huntingdon attended as did her consort. Five of the eight residents atlended and it was deemed by all to be very successful . The Chairman and Clerk made regular visits to the residents. mosdy of a social nature but also when assistance was required. The visits are to ensure their well-being as well as to remind them that we are available lo be called on if necessary. Two of our Tnjslees also make regular visits of a similar nature. Residents receive cards and flowers on their birtlmlays and cards at major festivals induding a Sainsbury's voucher at Christmas. At the end of 2025 there were 12 ex-officio, nominated and cfropled trustees, leaving no vacancies for new trustees. The tnjstees are o)mmitted to having a Board of Trustees with varied but complimentary skills lo benefit our residents and the chartty.The tnjstees maintained their awareness of their own perfomiance framework established in 2015 as folkiws.. To maintain a high level of attendance at trustee [rtingS and this was notgj at 80% To ensure a minimum of 4 qu2rterty meetings and this was achieved in 2025 To confirm trustees compliance wilh its own Trustees Govemance Framework Manual, any requirements of the Almshouse A$SlatiOn. arsd regulators. The Chartty Commission. This was brought up to date, as required, and also through the nomal process of management. There was no evidence of non- complian. Icontinued page 41
ST JOHN'S ALMSHOUSE CHARITIES TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 (continued) Financial review The charity had a successful year achiewng a surplus before transfers of £42,426 {2024- surplus of £7.947) and the outstanding k)an was reduced by £12.857 {2024- £12.040). The tDJstees prepare an annual budget and the resutts were in line with the exFected results. The budget for 2026 shows a similar surplus being expected with no exptiOnal expenses anlicipated. and gNes assurance to the trustees that the charty continues to be a going concem for the ne(12 Th)nths. Reserves The tmslees policy is to ensure that the charity has sufficient reseNes to protect against reductions in income. unexpected increases in expenditure. and to take advantage of new opportunitr"es. The reserves will be used to support the tharity's aims and lecteS. and any expendtture to be drawn from the resetves will require trustees approval, and the level of reswves will be reviewed annually by the trustees. As regards specthc reserves. the chartiy will maintain a minimum of £30,000 in specffic reseNes at all times. Specific reserves held a131 December 2025 were in excess of £71.lJOO. As regards free reseTves, the chanty will maintain a minimum of £10.000 in free reserves and free reseNes are defined as the amount of unreslrÈ¢ted funds that the charity holds above its operating casts and designated funds. Free resebves held at 31 December 2025 were in exc of £60.000.. Trustees. responslbllltles In relauon to the flnanclal sLements: The truslees declare that they have approved the above trustees. report. Signed on behalf of the Trustees: Mr M G Baker MBE Chairman Date.'29 July 2026
ST JOHN'S ALMSHOUSE CHARITIES INDEPENDEPTh EXAMINER'S REPORT TO THE TRUSTEES OF THE ST JOHN'S ALMSHOUSE CHARrriES FOR THE YEAR ENDED 31 DECEMBER 2025 I report to the trustees on my examination of the charity's aciJyJnts of the charity for the year ended 31 December 2025 whh are set out on pages 6 10 13. Rosponsibilities and basls of report As the charity's truslees. you are responsible for the preparalv)n ofthe accounts in accordance with the requirements of the Charllies Act 2011 (the Act). I report in respect of my examinatK)n of the charity's accounts carried under section 145 of the 2011 Act and in carrying out my examination I have f(Alowed all the applicable Directions given by Ihe Charity Commissiori under section 145151{b} of the Act. Independent examinerfs statement I have completed my examination. l (fiM1 that no material matters have come to my attention in connection wrth the examinalton. giving me cause to believe that in any malerial respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act" or 2. the accounts do not accord wrth those records: or 3. the accounts do not comply with the applicable requirements wnceming the form and COTrtent of accounts set out in the Chartties (Accounts and Rerts) Regulalions 2008 other than any requirement that the accounts gNe a Irue and fair vFew' vthich is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wtth the examination to whh attentson should be drawn in this report to enable a Proper understanding of the accounts to be reached. Croker Retired Chartered Accountanl 5 Willow Close Brampton Huntingdon PE28 4RJ Dale- 28 July 2026
ST JOHN'S ALMSHOUSE CHARITIES STATEMENT OF FINANCIAL ACTMfiES FOR THE YEAR ENDED 31 DECEMBER 2025 2025 Totsl Fund5 2024 Total Fundi G•n•rnl D•signatod Rèstri¢ted Fund Funds Funds Incornlng resources (Note 2 Income and endowments from: Charitable activities Grants & donalions Bank interest receivable 49.680 10.030 575 49.680 10.030 3,068 51,222 10,000 3,244 2.216 277 Total 60,285 2.216 277 62,778 64,466 Resources expended (Note 31 Expendlture on: Charitable activtties {20.352) {20,352) (56.519} Total 20,352 20.352 56.519 Not incom8 {expenditure) 39.933 2.216 277 42,426 7,947 Transfers betwe8n funds {3.680) 3.C(10 680 Net movement in funds 36.253 5,216 957 42.426 7.947 Reconclllallon of funds: Total funds brought forward 890.877 54.449 11.222 956,548 948.601 Total funds carrled forward 927,130 59.665 12,179 998,974 956.548 The statement of financial actwtties includes all gains and tosses recognised in the year. All income and expenditure derives from (x)ntinuing activibes.
ST JOHN'S ALMSHOUSE CHARITIES BALANCE SHEET AT 31 DECEMBER 2025 2025 Total Funds 2024 Tolal Funds Note General Fund Dèslgnated Restrlcted Funds Fund5 Flxed assets Tangible assets 867,600 867.600 872.040 Current assets Debtors Cash at bank 4.922 96.360 101.282 4.922 168,076 172.998 5.842 132,865 138.707 59.537 59.537 12.179 12.179 Credltors: amounts falling due within one year (14.035} (14.035) 112.901) Net currenl assets 87,247 59.537 12.179 158.963 125,806 Total assets less current Ilabllllles". 954,847 59.537 12.179 1,026,563 997.846 Credltors: amounts falling due after one year 127.589) 0 {27,589) 141.2981 Total nèt assets 927.258 $9,537 12,179 998,974 956.548 The funds of the charlty.. Unrestricted ftjnds.. General fund Designated funds Restricted funds 927.130 927.130 59,665 12.179 890,877 54.449 11,222 59.665 12.179 Total charity funds 59,665 12,179 998,974 956.548 The notes on pages 8 to 13 fomi part of these a¢Unts Approved by Ihe Tnjstees on 29 Juty 2026 and signed on their behaW by.. M G Baker Chaimian of Trustee5 T P Johnson Trustee l Treasurer
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 l Accountlng pollcles 1.1 Basls of accountlng These accounts have been prepared under the h[%torbl cost )nVentIOn with items re(wnised at cost or transaction value. unsS otherwise stated in the relevant notes to these accounts. The accounts have been prepared in ac(x)rdanc8 With the St8tement of Rec¥)mmended Practi. Accounting and Reporting by Charities weparing their a(xx)unts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and with Ihe Charities Act 2011. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update bulletin 1 not to prepare a Statement of Cash Fh)ws. 1.2 Funds structure Reslricted funds are funds which are lo be used aco)rdan( with Specif restrictions imposed by the donor or trust deed. Unrestricted fvnds comprise tkne funds vthich the trustees are free to use for any purpose in fvrtheran of the charrtable otyecls. unresln.cted funds comprise the general fund. and also the designated fun(L8 where the trustees. at their discret. have created a fund for a specific purpose. 1.3 Golng Concern The accounts have been prepared on a going concem basis as the trustees believe that no material uncertainty exists. The Iruslees have considered the level of frjnds hekl, and the expected levels of income and expenditure for 12 months from approving these accounts. The budgeted income and expendtture is sufficrent, together wtth the level of reseNes hekl for the charity to be able to conts.nue as a going concern. 1.4 Accountlng èstlmates No changes to accounling estimates have occurred in the rep(Ktirig period. 1.5 Income Recognifion of Income These are included in the Stslemenl of Financk81 Acbvrties when.. the charrty t*comes entitled to the resour. it is more likely than not that the trustees will receNe the reSoUrs. and Ll the monetary value Gan be measured with sUffiCnt re[bIlty. Offsettlng There has been no offsetting of assets and liabilibes. or income and expenses. unless required or pemiitted by the FRS102 SORP or FRS102.
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 1.5 Incomo {continuedl Grants and donations Grants and donations are onty induded in the SOFA when the general in(xMne recognf(ion criteria are mel. 1.6 Expendlture and Ilabllltles Llabllityr8cognition Liabilrties are reccyJnised where tt is mre likety than not lit there is a legal or constructive obligation commitbng the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support costs Govemance costs comprise all costs involwng public acc(HJnL8bilty of the charity and rts complbance with regulatson and praclice. There are no matenai SUPF#Xt (Sts inCued by Ihe charty. Deferred Income No material item of deferred incorne has been induded in the accounts. 2 Analysis of income 2025 Total Funds 2024 Total Funds General Funds Designated Restricted Funds Funds Charltable Athltles Weekly maintenanc8 contributions 49.680 49,680 49.680 49,680 51.222 Grants & Donations Grants Donations Total 10,000 30 10.030 10.000 30 10.030 10,000 10.000 Bank Interèst [alVable Interest Total 575 575 2.216 2,216 277 277 3.068 3,068 3.244 3.244
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 3 Analysls of expendlture Restrlcted Incoma 2025 Total 2024 Total Unrestrlde Endowment Funds Funds Funds Funds Funds Expenditurtr on charftable actlvltles Proparty expenses: Repairs and maintenance Gas boiler maintenance Replacement Doors Quinquennial repairs Void proty repairs Insurance Depreciation Legal & professional costs 3.538 2,678 3.538 2,678 2.925 2.554 16,250 11,840 6,144 1,499 4,440 2,180 112 1.445 4.440 112 1.445 4,440 Interest and finance costs: Charity Bank 3.142 3.142 3,960 Resldents cost$: Television licences Residents support 38 796 16,189 38 796 16,189 38 378 52,208 Govemance costs Meeting expenses Subscriptions Postage and stationery Training & travel expenses Miscellaneous expenses Clerk's fees {801 385 91 210 13 3,692 4,311 363 363 40 16 16 3.744 4.163 4.163 Total charltable actlvltlès 20.352 20.352 56,519 10
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 4 Tangible fixed assets Land and Equipment Buildings Totsl 4.1 Cost At 1 January 2025 Additions Disposals Al 31 December 2025 912.000 4.960 916,960 912.000 4.960 916.960 4.2 Depreclatlon and Impalmients Basis Straight line Rate 0.75V/o Straight line 25° At l January 2025 Charge for the year At 31 December 2025 39,960 4,440 44.400 4.960 44,920 4.440 49,360 4,960 4.3 Net book value 31 December 2025 867.600 867,600 31 December 2024 872.040 872,040 The freehokj land and buildings were valued at £912.000 on 11 January 2011 by Westley & Huff, Chartered Surveyors. This value has been adopted as Ihe deemed cost of the assets concerned on transition to FRS102. There was no comparable st ordepreciation or net l)ook value priorto Ihe capital development costs incurred in 2010 and 2011. L8nd and buildings includes land valued in 2011 at £320.000 on which no depreciation charge is made. 5 Analysls of debtors 2025 2024 Weekty maintenance contributions due Grants receivable Prepayments and accrued income 700 2,500 1.722 4,922 1,612 2,500 1,730 5.842 6 Cash at bank 2025 2024 General fund - current account General fund - business reSee account Designated fvnd Ilncome prolectionl - deposit account Designated fund (Boiler replacement}- deFM)Stt account Restricted fvnd - deposf( account 44,255 52,105 47,819 11.718 12,179 168.076 15,791 51,530 45,936 8,386 11,222 132,865
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 7 Anatysls of credltors Amounts falling due within onè y•ar Amount5 falling after more than one year 2025 2024 2025 2024 Creditors and accruals Bank loan 326 13.709 12,857 27.589 41,299 14.035 12.901 27,S89 41.299 The bank loan is secured on th8 freeh(Ad property. 8 Designated funds Income Protectlon Boiler Repl Total Balance 1 January 2025 Interest Transfer received during the year Balance 31 December 2025 46,014 1.883 8,435 333 54,449 2.216 9 Restricted funds Pemia- nent ordinary Endow- Maintenance Ment Total Balan 1 January 2025 Interest receivable Transfer received during the year Balance 31 December 2025 9,138 277 680 2,084 11,222 277 680 2 084 12 179 Further delails regarding these Iwo funds are shown at Notes 10 & 11 respectwely 12
ST JOHN'S ALMSHOUSE CHARITIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 10 Restricted fund The Extraordinary Maintenance Fund increases each year by £680 in accordance with the Trustee Goveming Framework Manu21 of the charity. lo provide a fund for major capital expenditure which may become payable in the future. 11 Endowmenl funds These relate lo the remainder offunds when a number ofchanties were Cn$01ated into this charty many years ago and comprise the lollowing= 2025 2024 The charity consisting ol part applicable for PUTposes not educational of the Sl John's Hospitsl and Grammar School Foundalion Richard Fishboume's Charity John Bardolph's Chanty Robert Cwk's Charty Thomas King's Charity George Raitt's Chority 750 750 130 130 544 544 180 180 300 300 180 180 2084 2084 12 Analysls of net assets between funds General fund Designated funds Endowment Total fuftds 2025 Fixed assets Current assets Current liabilities Creditors due in rnore than one year 867.600 101.154 {14.035) 27.589 927 130 867.600 12,179 172,998 114,0351 59.665 998 974 13 Taxatlon The charity is exempt from tax Ix) income and gains and so TK) lax charges have arisen in Ihe ch8rity. 14 Related party transactions AII INstees give of their time freely and no trustee remuneration is paKJ. In the year 2025 a total of £20 was reimbursed to 1 tnjstee {2024 - £11 reimbursed to 1 trustee). 13