CHARITY REGISTRATION NUMBER: 233499
Boarbank Hall
Financial Statements
31 December 2024
ERSIDE ACCOUNTANCY LANCASTER LIMITED
Chartered accountants & statutory auditor
Suite 2, 2 Mannin Way
Lancaster Business Park
Caton Road
Lancaster
LA13SU

Boarbank Hall
Flnancial Statements
Year ended 31 December 2024
Paga
Trustees, annual report
Independent auditorfs report to the members
Slatement of financial activities
12
Slatement of financial position
Statement of cash flows
13
14
Notes to Ihe financial statements
15
The following pages do not forni part of the flnanclal statements
Detailed statement of financial activities
30
Notes to the detailed ststement of financial activities
32

Boarbank Hall
Trustees. Annual Report
Year ended 31 December 2024
The trustees present their report and the financial statements of the charity for the year ended
31 December 2024.
Chair's report
Trustees, Appreciation
Each year. Boarbank H811 benefits from the generosity of those people who $upp)rt the Annual Coffee
Morning and those who make individual donations and bequests. The trustees would ￿sh lo extend
their gratitude to our individual donors and volunteers for their support for the charity. Although the
Coffee Mornlng has not taken place since 2019, the trustees are hopeful fcK its return from 2025.
The Iruslees would also like to place on record their thanks to the employees for their commitment and
l¢)yalty to the charty.
Rèference and admln18tratlve detalls
Rogistered charlty nam•
Boarbank Hall
Charity regi8tratlon number 233499
Principal offlco
Canonesses of St Augustine
Convent of Our Lady of Lourdes
Boarbank Hall
Allithwaite
Thé trustaes
Sister Eileen Pollard
Sister Elizabeth Mary Veronica
Connell
Audltor
Riverside Accountancy Lancaster Limlted
Chartered accounlanls & statutory audltor
Suite 2, 2 Mannin Way
Lancaster Business Park
Calon Road
Lancaster
LA13SU
Banker8
National Westminster
L4116DS

Boarbank Hall
Trustees, Annual Report {contlnu•dJ
Year ended 31 December 2024
Lloyds Bank PIC
6 The High Street
Boscombe
Dorset
BH313RG
Solicitors
BSG
3&4 Aalbord Squa
Lancaster
LA1 1GG
Structure. goveman¢• and managemenl
The policies are del8nnine(I by a Council of Sisters. Day lo day operatlons are closely supoNlsed by
the Council of Sisters. Decisions regarding the medical treatment of patients are taken by the qualified
members of nurslng staff tog8thgr with external medically qualrfied person$.
The Counal of Sisters control the appoinlmenl, induction and training of trustees. The community
provides significant support and access lo the many years expen'ence of trustees. general duties 8nd
sponsibAilies.
Risk Assessment
The Cryjncil of Slsters has conducted ils own review of the risks lo thich Boarbank Hall is exposed
a￿1 systems have been established to mitigate those risks_
Intemal risks are minimised by the financial controls imposed in respect of the procedures for the
authorisation of all transactions and projects.
The Councl of Sisters maintains a close control on the day-to-day operation of the charity in respect of
all ils activities. Boarbank Hall has an approved Health and Safety wlicy.

Boarbank Hall
Trustees. Annual Report (contin￿)
Year ended 31 December 2024
Objèctives and adlvltlas
The principal actrvity of the Gharity is the running of a convalescent aTrJ nursiro h)me.
The objectives of the charty are set out in Paragraph 3 of the Trust Deed. the principal objective
being'.-
To run a convalescent home for people suffering from Ill￿$$ or injury
For the assistanc8 of a person's recovery of health and strength and for the nursing of sick and ailing
pallenls.
The strategies and activities applie(J lo achieve these obje¢tl¥e8 involve the use of Boarbank Hall as a
nursing and convalescent home run by professional qualffied nursing staff together with ongoiTrJ
voluntary support from the Canonesses of St Augustine.
The charity makes extensive use of voluntary unpaid work from tsvelve (2023.. ￿e1Ve> of Ihe sisters
who resKie on sile at Boarbank Hall. They provide significant pastoral and spiritual care to the patients
residing at Boarbank Hall and are responsible for the day to day adminislralion and running of Ih
charity. The sisters work varigd hours in beIN￿n commitments related to their religious aclivits'e$.
The policies are delermlned by a Council of Sisters together with the approval of all important financial
transactiorts.
Achlevem•nts and porfoTmance
The objectives of the charity of care and Irealmenl of patients at Boarbank Hall continue lo be
achieved Ihr(yJgh the provision of nursing care of the highest possible standard together wth palliative
and pastoral care as required. The Sisters have continued their aim of updating and extending the
facililies to improve the quality of car8 offered and to meet the changing needs of society- This
programme of refurbishment is ongoing as finances pemiit.
The provision of Ihi$ care and treatment is dep8ndanl on the cortinued excellent relalionshlp wlth the
nursing staff and the impl&menlation of all relevant health and safety regulations enabling the charlty to
meet with all its legal and moral obligations and thus continue in the future ils charitable acliv(lies. The
main key performance indicators in this area 3re near 1 OOV/o occupancy of rooms, high levels of staff
retention. avaIla￿'llty of Spiritual support and the excellent facilrf(ies and services provwjed lo patlents.
The charlty has been awarded gold slalus from the CQC in relatKJn to the quality of the care they
provide to patlents, thls is a dear indication of the achievement they have made against their
objectives.
Covid 19 has not hindered Ihelr abllity to meet objectives or provtde the same quality lo patients,
h¢)wever additional funds have been requlred in order to migrate risks and safeguard the patients in
their care.
Th& continued support from the sisters of St Augustine and members of Ihe wblic and organisalions
contlnues to be an essential element in the smooth running of the chanty-

Boarbank Hall
Trustees. Annual Report (wlIn￿
Y•ar ended 31 December 2024
A¢hiov•ments and perfomanco (¢ominu•d)
Public Benefil
The sisters have ¢onsidered the Charity Commission's guidance on public b8n8fil and have had due
regard lo ts content.
The aim of the charity is to provid8 nursing care and to assKst those recoverirvJ from hèalth problems
as slated above in the oblectNes and activities section. The nursing home is open lo all members of
the publ￿ and the ¢onvalescenls rec8ive support and care as necessary wlhin the guest house,
subject lo payment of appropriate fees.
An important part of the actlvty of the charity is th8 Ffovlston of religious supw)rt and guidance lo those
who wish it. Pastoral support is offered as appropriate to members of the public. The Chapel is open
for the use of the public to attend Sunday Mass whiGh is attended by many members of the local
ommunty and visitors to Boarbank H211.
The guest is available for the use of those on ￿ligIouS ￿treats. The chapel is available for the
use of guests for worship and reflective conlemplalion and courses are available lo aid understanding
of the Calholi¢ faith. This facility is for the use of members of the public in addition to members of the
religious community.
FurKlraising Activities
The charity usually holds an annual fundraising coffee morning which raises money towards various
projects. They have been unable to hold the event since the Covid 19 pandemic however they have
sold from th8 garden and the shop in the nursing homg raising £1.145
The trustees hop& that thls will retum In the future as it has always been a profitable dayfor the charity.
Investtn¢n15 and Investment Powers
The Council of Sisters ¢onlrol$ and approves all imFKJrtant financial transactions.
The investments held by charty consist of quol8d and unquoted investments. The movement in
these investments can be found al note 18.

Boarbank Hall
Trustees. Annual Report (contthu60)
Year anded 31 December 2024
FlnanGial rgvlgw
The ￿$v11$ of the charity are set out on pages 12-13.
Th& nèt resources deficit made during the year ended 31 Deckmbèr 2024, after acce￿nt1ftg for all
recognised gains and losses, was £12,071 12023 £572,075). This has been debited to reseNeg and
the balance of £5,498,37912023 £5.510.4491 has been carried foM8rd
During the year, the charity has incurred a gain on its long lemi cash investments with Transact and
Ralhbones of £61,587 which is attributable to a mixture of realised and unrealised gains. As il is lo be
held long term, the unrealised movements are not the primary focus and as the market aEwrs lo
have stabilised after the uncertainty in the previous few years. il is hoped that the investment wll
continue to appreciat8.
In 2024 an independent valuath)n was carried oul on the investment properties. increasing their value
by £nil (2023-. £99,690).
The trading activities of the charity creates a defrcil in most years. however the donations and legacies
received enable to charity lo continue and provide much needed support and care for their patients lo
meet the charity objectives.
The trustees have invested these cash reserves into short term deposits and investments lo further the
cash reserves available for the future.
We have seen this year that acr055 the boaré, the income have all increased this year wh￿h 15 a
positive sign after the Covid 19 pandemic and reslri¢lions.
At the year end thè Charity has restricted funds of £301.493 {2023.' £291,117) and unrestricted funds
of £5,196,88612023: £5,219,332). The split of funds can be found al note 27.

Boarbank Hall
Trustees. Annual Report {eanfy'nued)
Yaar ended 31 December 2024
FinanGial review (Gontlnu
Rèserves Policy
Under the reqU￿ernents of Charty Law, the Trustees a￿ obliged to define Ihe Charivs policy for
holding reserves. The intention in ¢slabli$hing this reserves policy 1$ lo ensure the continuation of the
Chariivs activities. The policy will enable the Charty to meet ils legal objeclives. provide ¢onfiden¢e to
supporters and donors seeking to give financial support lo a prudently conlrolled charity and to ensure
that the reserves we al a18V81 SL￿￿lent to discharge all of the Charitls obligations in the event Ihat it
should ¢ea$e its oporalions.
The policy has been that the level of unrestricted reserves {exduding reserves relating to fixed assets
used lo deliver the charitable objectives) should be sufficient lo meet designated commitments and to
meet the running costs of the Charity for a peri¢JY not less than six months but no more than one year.
The trustees acknowledge the amount in reserve5 15 above the level of the wlicy but this is with the
anticipation of fulure development at the home.
To maintain appropriate levds of reserves. the Trusle8s have determined that..
- all legacies and donalw)ns. which havo rb) restriclton placed upon them by the lemis of the donation,
are considered lo be general reserves,.
capital commitments and expendiiure plans are reviewed periodicalty and the funds required to
finance such may b8 removed from general reserves as necessary for Ihe allainment of its Ixo
objects-
- funds may, from time lo lime, be designated for specffj￿ purposes.
The likely timing of expenditure of designated funds is as explained in note 28
Prirxlpal Funding s￿lreA$
The principal funding sour￿$ are donations from individuals and org8nisalions, payment of nursirKJ
fees by Cumbria County Council, other Local ALJlhorities and private sources, fundraising 8Ctivilie8
such ag the annual coffee moming and income from bank interest and investments. Further details
may be found in accounting policies. These funding sources have enabled the charty to meet its
objectives by being able to pay for the provision of all services and activities.
Plans for future pertod8
The charity will continue lo provide the highest level of care within the means of the charity as set out in
ils objectives.
Trustees
Th8 Iruslees th served during the ypar are as follows.'-
Mary Veronica Connell- Sister Elizabeth Mary
Eileen Pollard - Sisler Eileen Pollard-superior
Al any one time. there must be no more than four Iruslees and no less than three trustees. Ho￿￿er
per the minutes during the 2022 year, Ihe ¢ommunity decided that Ihey would continue wth ￿.

Boarbank Hall
Trustees. Annual Report (con61nu•d)
Year ended 31 December 2024
TnMtees' rosponsibllltles Statement
The trustees are r8sponsible for preparfng the trustee8' report and the flnartial statemenls in
accordance with applicable law and United Kingdom Accounting St8nd3rds (United Kingdom Gerwally
Accepted Accounting P￿tiCe}.
The law applKable lo charities in England and Wales requires the chartiy Iruslees to prepare financial
statements for ea¢h year which giv8 a true and fair view of the slate of affairs of the charity and of the
inooming resources and applicalDn of resources, of the charity for that period.
In preparing these financial stal8ments, the trusteos are required to..
select suitable accounting policvas and then apply them consistenlly,
observe the methods and principles in the applicable Charities SORP,.
makejudgmenls and avx)unling estimates th* are reasonable arKI prudent..
state whether applicable UK Accounling Standards have been follow￿d, subj-ect lo any material
departures disclosed and explained in the finanGial slatements,-
prepare the financial statements on the going ¢oncem ba$1$ unle$$ rt is irkgppropriale to presum8
that the charity wll continue in buslnes$.
The Iruslees are responsible for keeping adequate accounting records that are Sufficlent to show and
explain the chariws transactions and disdose with reasonable accuracy at any lime the financial
position of the charity and enable them lo ensure that the financial statements comply wth th8
Charities Act 2011, the applicable Charities (Accounts and Reports} Regulations, and the provlsions of
the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence f
taking reasonable steps for the prevention and detection of Iraud and other irregularities.
The truste8s' annual report wag approved on 17 October 2025 and signed on b8haFF of the tJ)ard of
Iruslees by.
Sister Elleen Pollard
Trustee

Boarbank Hall
Independent Audltor's Report to the Members of Boarbank Hall
Year ended 31 December 2024
Oplnion
We have audtted the financlal statementx of Boarbank Hall (the 'chariVI for the year ended
31 0￿mber 2024 which comprise the statement of financial activthes, slatem•nt of financial position,
statement of cash flows and the related notes. including a summary of significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and
United Kingdom Accounting Standards. including FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland IUn¢ted Kingdom Generally Accepted Accounting
Praclicel.
In our opinion the financial statements..
give a true and fair view of Ihe stale of the chariWs affairs as al 31 December 2024 and of ris
incoming resources and application of resou￿$. inGluding its income and expgndilure, for the
year then ended.,
have been Prop￿ty pr8pared in accordance wth United Kingdom Generally Accepted Accounting
Practice-
have been prepared in accordance with the requirements of the Charrties Act 2011.
Basls for oplnlon
We conducted our audit in accordance wth International Standards on Auditing (UK} (ISAS (UK)) and
applicabl8 law. Our responsibilili8s under those stsndards ar8 further described in the auditor's
Tesponsibililies for the audit of the financial slatem8nls section of our report. We are independent of
the charity in accordan¢e with the ethical requirements that are relevant lo our audit of the financial
statements in the UK, including the FRC'S Eihical Standard, and we have fulfilled our other ethical
responsibilities in accordance wlh these requirements. We believe that the audit evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslons rolatlng to golng concem
In auditing the financial statements, v* have concluded that the trustees. use of the going ¢oncem
basis of accounting in the preparation of the financial statements 1$ appropriate.
Based on the work we have perfcffmed, we have not identrfied any material uncertainties relating to
events or conditions Ihat, individually or collectively, may cast signrfunt doubl on the charitvs ability to
continue as a going concem for a period of al18asl ￿1ve months from when the financkgl statements
are authorised for issue.
Our responsibilities and the responsibilities of the Iruslees with r8SP8Ct lo going concem are described
in the relevant sections of this report.

Boarbank Hall
Independent Audltorfs Report to the Members of Boarbank Hall fconthiu¢d)
Year endod 31 December 2024
Other Infomk*ion
The other Information comprises the information included in the annual report. other than the financial
statements and our auditor's report Ihereon. The trustees are responsible for the other information.
Our opinion on the financial statements does not cover the other information and, except to the extent
olherwL88 explicitly staled in our report, we do not express any form of assurance conclusion Ihereon.
In connection with our audit of the fin8neAal stal8menls, our responsibility is lo ￿ad the olher
infomiation and, in doing so. consider whether th8 other information is materially in¢onsi$tenl with the
financial statements or our knowledge obtained in the audit or othemse appears to be materially
misslaled. If we idenlrfy such material incA)nsistencies or apparent malefial misstatements, we are
required lo determine whether tP￿e is a mal8rial misstalemenl in the financial stslements or a
material misslatemenl of the other information. If, based on the work we have perfomied, we conclude
that thero is a material mis$talement of this other inforrnalion, we are required to report that fact.
We have nothing to rel￿ In this regard.
Matters on whlch wo are required to report by oxc•ptlon
In the light of the knowledge and understanding of the charity and rts environment obtained in Ihe
course of the audit, we have not idenlifwj malerial misslatemenls in the trustees, report.
We have nothing to report in respect of the following matters in relatlon to which the Charities Act 2011
requires us to report lo you rf, in our opinion=
th8 information given in the trustees, re$￿t is in¢onsislenl in any malerial respect wrth the
financial statements.. or
adequate accounting records have Tr)t been k8pI", or
the financlal statements are not in agreement with th8 accounting records and returns,. or
we have not received all the Informat￿ and explanations we require for our audit.
R•sponslbilitie8 of trustees
As explained more fully in the Iruslees, responsibilities statement, the Iruslees are responsible for the
preparation of the financial slalemenls and for being satisfied that they gNe a Iwe and fair view, and
for such internal control as the tnjgtees determine is necessary lo enable the p￿paration of financial
slalements that are free from material misstatement, whether due to fraud or error.
In preparing the financlal statements, the trustees are responsible for assessing the ch8nWs abilty to
continue as a going cOn￿rn. disdosing, as applicable, mallers related to going concern and using the
goin9 concern basis of accounlir4J unless the trustees either intend to liquidate the charity or lo cease
operation$, or have no realisliG alternative bul to do so.

Boarbank Hall
Independent Audltorfs R•port to the Members of Boarbank Hall {contlnu6d)
Year ended 31 D•c•mhr 2024
Audltorf8 r05ponslbllltles for the audft of the flnan¢ial statomonts
Our objectives are to obtain reasonable assurance about wh81her the financial statements as a whole
are free from material misstatement, whether due to fraud or error, and to issue an auditorfs report that
inGludes our opinion. Reasonable assurance is a high level of assurance, but is noi a guarantee Ihal
an audit conducted in accordance wth ISAS {UKI wll always detect a material misstatement when il
exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the
aggregate. they could ￿aSOnablY b8 expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, Includlng fraud, are instances of non-compliance with laws and regulations. We design
procedures in Ilne wllh our responsibilili8s, outlined above, to detect materlal misstslements in respect
of irregularities, Includlng fraud. The extent to which our procedures are capable of detecllng
lrwularit￿, including fraud Is detailed below.,
Review of Iru5tees minutes and revi8w of nominal p05tings for legal and professional fees ensured
identrfied ally regulatory compliance issues and laws that company must follow in the year a￿1 to
the dale of signing the financ￿1 statements.
- The assessment of fraud was consider as low due to the segregation of duties seen. low levels of
cash handled. A review of journal entries and consideration of their appropriateness was carried out
through the audit.
- During the audit w speak to trustees, test the system$ and speak to various members of th8 finan
function lo understand the entity ils processes and the natur8 of trade lo assist in de18rmining rf the
financial statements are true and fair.
Challenging assumplM)ns made by management In making their Significant a¢counling eslimales.
Reviewing financial slalemenl disclosure and testing to ¥upporting doGumentstion to assess
compliance wth applicable laws and regulations.
Legacies and Donations are re￿￿1 to ensure no restriction on funds are required to ba allocated
differently from the common funds_
As part of an audit in accordarKe with ISAS {UKI. we exerclse professional judgment and maintain
professb)nal scepticism throughout the audtl. We also..
Identify and assess the risks of material misslatemenl of the financial statements. whether due to
fraud or error, design and perfomi audit procedures responsive to those risks, and obtain audlt
evide￿ that is sufficient and appropriate lo provide a basis for our opinion. The risk of not
detecting 8 material misstalemenl resulting frorn fraud is higher than for one resulting from error,
as fraud may involve collusion. forgery. intentional omissions, misrepresentations. or the overrlde
of intemal control.
Obtain an understanding of intemal conlrol relevant to the audit in order to design audit
procedures that are appropriate in the circumstances. bul rK)t for the purwse of expressing an
opinion on the effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the rea50n2blene5s of acKountirvJ
eslimales and related disclosures made by Ihe trustees.
10

Boarbank Hall
Independènt Audltorfs Report to the Members of Boarbank Hall fcontthu8d)
Year ended 31 December 2024
ConclEJde on the appropriateness of the trustees. use of the going concern basis of accounting
and, based on the audrt evidenc8 obtained. whether a material Un￿rtaInty exists related to
events or conditions that may cast significant doubl on the charity's ability to continue as a going
concem. If we conclude that a material uncertainty exists. we are requI￿d to draw attention in wr
aLJdrtorfs report to the related di5dosures in the financial statements or, rf Such disclosures are
inadequate. lo modify our opinion. Our conclusions are based on Ihe audit evidence obtained up
to the dale of our auditorfs report. However, future events or condstions may cause the Gharity lo
cease lo continue as a wing con¢em.
Evaluate the overall tfesenlalSon, structure and content of the financial stslements, including the
disclosu￿$. and whether the financial statements represent th8 underlying transactions arKI
events in a manner that achieves falr presentats"on.
We communicate with those charyed wth governance regarding, among other matters. the planne(I
scope and timing of the audit and sigrlrficanl audil findings, including any signrficanl deficiencies in
internal Control that we identify during our audit.
Uso of our report
This report 1$ made solety to Ihe charltys members, as a body, in accordance with sect￿ 144 of Ihe
Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
undertaken $0 that we might stale lo the chariws members those matters we are required lo stste to
them in an auditor's report and for no other purpose. To the fvlle5t exlenl permitted by law. ￿ do rKJI
accept or assume responsibility to anyone other than the charity and the charitvs members as a body.
for our audit worl for this report, or for the opinions we have formed.
Penelope Bowden ACA {SenKy Statutory Auditor)
For and on behalf of
Riverside Accountsncy Lancaster Lirniled
Chartered accountants & statutory auditor
Suite 2. 2 Mannin Way
LanGasler Business Park
Caton Road
Lancaster
LA13SU
17 October 2024
11

Boarbank Hall
Stalement of Flnanclal Actlvitiés
Year •nd•d 31 December 2024
2024
Restricted
funds Total funds Total fund$
2023
Unrgslri¢1gd
funds
Income and endowmentg
Donations and lega¢ig5
Charitable activities
Other trading aclivilies
Investment income
Other in¢om8
85,449
2,199,851
7.075
47.584
19.108
30
85,479
2,199,851
7,075
49.198
24,533
343,680
2,060,361
8,695
46,461
22,281
2,481,478
1.614
5,425
Total incomo
2,359,067
7,069
2,366,136
Expendlture
Expenditure on ch￿table activlties
Other expenditure
Total oxpondlture
9,10 2,415,881
12
15,514
8,399
2,424,280
15,514
2,439,794
2,071,853
2,431,395
8,399
2.071,893
Net gains on investments
13
49,882
11,706
61,587
162,490
Not lexpenditurelfincome and net
movoment in funds
{22,446)
10,376
(12,071)
572.075
ReconGiliation of funds
Total funds brought fO￿ard
Total funds carried forward
5.219,332
5.196,886
291,117
301,493
5,510,449
4,938,374
5,498,379
5,510,449
The ststement of financial activities includes all gains and losses recognised in the year.
All Income and expenditure derive from continuing aclivilies.
Thè nots8 on payg 15 to 28 forn) part ofthesè financial 8tstsments.
12

Boarbank Hall
Statement of Financial Position
31 Decomber 2024
2024
2023
Fixed a89ets
Tangible fixed assets
Investments
18
1,494.642
19 2,975,153
4,469,795
1,210,965
2.853,067
4,064,032
Current as8e18
Stocks
Debtors
Investments
Cash at bank and in hand
20
21
22
2,500
112,697
496.083
551,310
1.700
165,680
478,641
946.780
1.162,590
1,592,801
Craditors: amounts falling du• wlthln one year
Net curront assets
134,007
146.384
1,028,583
5,498,378
5,498,378
1,446.417
5,510,449
5,510.449
Total assets1os6 current Ilabllltle8
Not assols
Funds of th• charity
Restricted funds
Unrestricted funds
301.493
5.196,886
291.117
5.219.332
Total charlty fund$
26 5.498,379
5.510.449
These financial statements were approved by the board of Iruslees and aulhori5ed for issue on 17
October 2025, and ar8 signed on behaff of the board by..
Sister Edeen Pollard
Trustee
Sistèr Elizabeth Mary Veronica Connell
Truste8
The notes on pag•9 15 to 28 form part ofthese flnanclal stat•m•nts.
13

Boarbank Hall
Statement of Cash Flows
Year ended 31 December 2024
2024
2023
Not•
Cash flows from operating activltlos
Nel lexp8ndilure)lincome
{12.071)
572,075
Adiustn7ents for..
Depreciat￿￿ of tsngible fixed assets
Nel gains on investment5
Dividends. interest and rents from inveslmenls
Other interest receNable and similar income
Interest payable and similar charges
Loss on disposal of tangible fixed assets
Accrued (incomeyexpenses
Management Fees paid thrc4Jgh Investment
23.863
21,810
{61.587) (162,491)
(42,811)
128,447)
{26.658)
(18,014)
2,631
2,266
15.514
{44.410)
11,023
5,759
Ch8nps in."
Stocks
Trade and other debtors
Trade and other creditors
{800)
52.983
32.034
48.176
1.280
Cash general8d from cwations
(61.312)
453,478
Interest paid
Interest received
12.631)
26,658
(37.285)
(2,266>
18,014
469,226
Nel cash (used Inllfrom operatlng &tNlties
Cash flows from Invostlng a¢tlvltles
Dividends. interesl and rents from inveslmenls
Pur¢ha5e of tangible assets
Purchases of other investments
21.693
7,647
1323,055)
181,190>
(39,381) (100,000>
1340.743) (173.543)
Net Gash used in investing activities
N•t Idecrease)lincrease In cash and cash •quivalontg
Cash and Cash equivalents at beglnnlng of y•ar
Cash and Cash equivalents at end of year
1378.028)
1,425.421
23 1.047,393
295,683
1,129,738
1,425,421
The nots8 on pag•8 IS to 28 fomi part ofthe•e financi41 statsmènts.
14

Boarbank Hall
Notes to the Financial Statements
Year ended 31 December 2024
General Informatlon
The charlty is 8 publlc b8nefil entity and a reglstered charlty in England and Wales and is
unlncorporaled. The address of the principal Offi￿ 15 Boarbank Hall, Allithwaite. Grange over
Sands. L411 7NH.
Statoment of compllance
These financial statements have been prepared in compliance wlh FRS 102. 'The Financial
Reporting Standard applicable in Ihe UK and the Reput4ic of Ireland., the Statement of
Recommended Practice applicable to ¢harilies preparing their account5 in accordance wlh the
Financial Reporting Standard applicable in thg UK and Republ￿ of Ireland IFRS 1021 {Charities
SORP (FRS 102)) and the Charities Act 2011.
Accountlng pollcles
Ba818 of preparatlon
The financi81 statements have be8n prepared on the historical cost basis. as modrf+ed by the
aluation of certain financial assets and liabilities and Investment propertles measured at fair
value through income or expenditure.
The financial statements are prepared In sterllng, vthich Is th8 functional currency of the entity-
The financial statements are rounded to the nearest £1.
Golng concern
The￿ a￿ no malerial uncertainties about the chantys ability to continue.
Judgements and key 80urces of estlmatlon uncertalnty
The preparation of the financial stalem8nls requires management to make judgements.
estimates and assumptions Ihal affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors, including exwtations of
future 8vent5 that are believed lo be reasonable under the circumstances.
Forelgn currendes
Foreign ¢urrency transactions are initially recorded in the functional currew. by applwng the sp)t
exchange rale as at the dale of the transaction. Monetary 8ssets and Ikabilities denomSnaled in
foreign currencies are translated al the exchange rale njling at the reportlng date. with any gains
or losses being taken lo the statement of financial activities.
15

Boarbank Hall
Notes to the Financlal Statements fcontlmmdl
Year ended 31 December 2024
Accountlng poli¢ios fcontlnuvdl
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees lo further any of the
charit￿S purposes.
Designated funds are unrestrlcled funds earmarked by the trustees for particular future project or
commitmenl.
Restricted funds are subJ"ected to restrictions on their expenditure declared by the donor or
thr￿gh the terms of an appeal, and fall into onè of ttvo suMasseg". restri¢led income ￿ndS or
end0￿￿ent fvnés.
Incoming resources
All incoming resources are included in the statement of fina￿la1 aclivilies when ents'tlemenl has
passed lo the charity.. it is probable that the economic benefits associated wlh the transaction wll
flow to the charity and the amount can be rtliably measured. The follomng specific policies are
applied to partlcular categorles of income:
income from donations or gr8nls Is recognised when there is evldence of entlllemer)t lo Ihe
gift, receipt IS Probable and tts amounl Can be measured rdiably.
legaty income is recognised when receipt Is probable and entitlement Is established.
income from donated goc¥Js 18 measured al Ihe fair value of the g)ods unl8SS this Is
impractical to measure reliably. in which cas& the value is derived from the cost to the donor
or the estimated resale value. Donated facilrties and servlces are recognised in the accounts
when received rf the value can be rellably measured. No amounts are included for tho
ontribut￿n of general volunteers.
income from contracts for the supply of services is recognised wlh the delivery of the
contracted service. Thi¥ is classified as unrestricled funds unless there is a contractual
requirement for il to be spent on a particular purF)ose and reiumed rf unspent. in which case
il may be regarded ag restricted.
16

Boarbank Hall
Notes to the Financial Statements (contlnuedl
Year ended 31 December 2024
Ac¢ounting pollcles {contlnu•dJ
Resourcas oxpondèd
Expenditure is recognised on an accruals basls as a Ilabllity Is Incurred. Exp8ndilure Sncludes any
VAT which cannol be fully recovered. and 1$ clas5rfied under headings of the statement of
financiaf activities lo which it relates:
expenditure on raising funds indudes the costs of all fundraising activities, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all cos15 incurred by a charity in undertaking
activ¢ties that further its charilablfj aims for the benefit of fts beneficiaries, including those
support costs and costs relating to th8 govemance of the charty apportioned lo charitable
activtlies.
other expenditLJre in¢ludes all expenditure that is neither related lo raisiro fund5 for the
Ltsity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable lo a single activity are allocated diiectly lo that activity. Shared costs are apwytioned
b@￿en the activltieg they contribute to on a reasonable, justifiable and consislenl basi5.
Support costs
Support costs are those that assist the work of the charity but do not difftctly represent Gharitable
livities and include office costs, governance costs, administrative payroll costs. They are
In￿rred directly in support of expenditure on the objects of the charity. Where support Costs
nnol be direcdy attributed to particular headings they have been allocated to cost of raising
fund5 and expenditure on charitable aclNities on a basis conslstenl wlth use of Ihe resources.
Operatlng leases
Lease payments are recognised as an exFense over the lease term on a straighl-line b88is. The
aggr8galè ￿nefit of lease incentNes is recognised as a reduction to expense over the lease
term, on a straight4ine basis.
Tanglbl• a8s•ts
Tangible assets are initially recorded at cost, and subsequently slated al cosl less any
umulated depreciation and impaimienl losses. Any tangible assets carried at ievalued
amounts are recorded al Ihe falr value at the date of revaluation less any subsequent
accumulated depreclatlon and subsequent accumulated impairment losses.
An increase in the carrwry amount of an asset as a result of a revaluation, is recognised in other
retogni5ed gains and losses, unless it reverses a charge for impaiment that has previously been
recognised as expenditure wthin the statement of financial aclivilies. A decrease in the carrying
amount of an a5sel as a result of revaluation. is recogniseé in other recognised gains and losses,
except lo whioh it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
17

Boarbank Hall
Notes to the Financial Statements {conllnu8dl
Year ended 31 December 2024
A¢¢ounting poll¢le8 (¢ontr'nygdJ
Depreclatlon
Depreciation is calculated so as lo Yrrite off Ihe cost or valuation of an a$seL less its residual
value, over the useful economic lrfe of that asset as follows..
Fre8hold property
Fixtures and frttings
Motor vehicles
Equipment
3% reducing balance
15Vo120% Reducing balance
250h reducing balance
150kn1200A Reducing balance
Investments
Unlisted equity investments are initially recorded at cost, and subsequenlly measured at fair
value. If fair value cannot be rellably measured. assets are measured al cost less impairment.
Listed investments are measured al falr value with change3 in fair value being recognised in
income or exwdllure.
Invostment property
Inve8lmenl propety Is initially recorded at COSt, which includes purchase pr￿ and any diredy
attributable expendittjre.
Investment property is revalued to its fair value at each reporting date and any changes in falr
value are recognised in income or expenditure.
If a reliable measure of fair value is no longer available for an item of investment propety, it shall
bo transferred lo langible assets and treated as such until it Is expected that fair value wll be
reliably measurable on an on-going basis.
Impalnnent of fixgd assets
A review for indulors of impairment is carried out al each reportirsg date, wrth the recoverable
amount being eslimaled where such indi¢alors exist. Wh8re the Garrying valu& exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each ￿PortIng date.
For the purwses of impairment testing, wh8n it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the ￿cOVerable amount of the cash-
generating unit to which the asset belongs. The cash%enerating unil is the smallest idenlrfiable
group of assets that includes the asset and generates cash inflows that largely independent of the
ash irfflows from other assets or groups of assets.
For impalrment testlng of gc*)thMlI. the g)odwill acquired in a buslness comblnallon is, from the
a¢quisition dale. allocated to each of the cash-generaling units that are expected to benefit from
the Synergies of Ihe combination. iffespective of whether other assels or Ilabilities of the charity
are assigned to those units.
StoGks
Slccks consists of goods wrchased for uge wthin the charity. Stocks are valued at cost.

Boarbank Hall
Notes to the Flnancial Statements (conllnu8dJ
Year ended 31 Do¢emb•r 2024
Accountlng policies f¢ontinu#d)
Flnan¢lal instruments
A financial asset or a financial liability is reGcwJnised 0￿Y when the entity becomes a party to the
conlraclual provisions of the instrument.
Bast financial instruments are Initial￿ recognised at the amount receivable or payable includlng
any ￿lated transaction costs. unless the arrangement constitutes a financing transaction, where il
is recognised at the present value of the future payments dIs￿U￿1ed at a market rale of interest
for a similar debt instrument.
Current as88ls and current liabilities are subsequently measured al the ca8h or other
consideration expected to be paid or received and rw)t discounted.
Debt inslnjmenls are subsequently measured at amortised cost.
Finanoia assets that a￿ mea5ure(5 al cost or amortlsed cost are revlewed for oblecl￿e evi(ience
of impaimient al the en¢y of each rewrting date. If there is objectlve evldence of Impalrment. an
impairment loss is recognised under the appropriate heading in the statement of flnancial
a￿1VitieS in which the initial gain was recognised.
For all equity instruments regard18ss of signlficance, and other financial 88981$ that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assgssed individually or grouped on the basls of Similar credll risk ¢haraderists'cs.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrwng amount of the financial asset that exceeds what the carrwng amount would
have been had the impairment not previously been recognised.
D•finod Gontrlbutlon plans
Contributions lo defined contributlon plans are recognised ss an expense in the perio(J in which
the related service is provided. Prepaid contributions are recognised as an asset lo the extent
that the prepaymént will lead to a reduction In future payments or 2 cash refund.
When Gonlributions are not expected to be sellled wholly withln 12 months of the end of the
reporting dale in which the employees render the related servlce. the Ilablllty is measured on a
discounted present value basis. The ￿n￿ndIng of th& dlscount Is recognised as an expeme in
the p8riod in which il arises.
Donatlons and 14aci
Unrestricted
Funds
RestTiCted Total Fund$
Funds
2024
Donatlons
Oonations
54,803
30
54,833
L•gaci83
Legacie5
30,646
85,449
30,646
30
85.479
19

Boarbank Hall
Notss to the Flnancial Ststements fcontlnued)
Year ended 31 December 2024
Donatlons and léga¢ies (contlnu•d)
Unreslricled
Funds
Restricted To181 Funds
Funds
2023
Donatlons
Donations
210,060
67.080
277.140
Le9acles
Legacies
66.540
276.600
67,080
343,680
Charitable activities
Unrestricted ToLIl Funds Unrestricted Total Funds
Fund5
2024
Funds
2023
Nursing Home Fees for Residential
Care
Income from Retreats
Convalescent Guest Home fees
2.082.628
115.543
1.680
2,082.628
115.543
1,680
1,965,373
,028
4,960
1.965.373
90.028
4.960
2.199.851
2,199,851
2.060.361
2.060.361
Other tradlng activltles
Unrestrlcted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Fundraising events
Guest House Fees
1,145
5.930
1.145
5,930
8.695
8.695
7.075
7,075
8.695
8,695
Investment income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Rental income
Income from listed investments
Bank interest receivable
Other intere51 receivable
22,540
22,540
21,693
3,351
21,693
4,965
1,614
47.584
1.614
4g,198
20

Boarbank Hall
Notes to the Flnancial Statements fcontlnusdj
Year ended 31 December 2024
Invostmenl Income (¢on*nu•d)
Unreslricled
Funds
RoslrKled Total Funds
Funds
2023
Rentsl income
Income from listed inveslmeni¥
Bank interest receivable
Other interest recelvable
28,447
{6,894)
12,257
5.757
28,447
6,894
12,257
5,757
46,461
39.567
6.894
Other income
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Sundry income
Dividend income
8,258
10,850
8,258
16,275
5.425
19,108
5.425
24,533
Unrestricted
Funds
Reslricled Total Funds
Funds
2023
Sundry income
Dividend income
7,238
15,043
22.281
7,238
15.043
22.281
Expondilure on charltabl• activltlgs by fund type
Unreslricled
Funds
Restricted Total Funds
Funds
2024
Charitable Activities
Support C051s
2,385,574
30,307
8.399
2.393.974
30,3C6
2.415,881
8,399
2,424,280
Unrestricted
Funds
Reslricled Total Funds
Funds
2023
Charitablg Activil
Support Costs
2.025.938
35,596
8.400
1.919
2.034,338
37,515
2,071,853
2,[￿1,534
10,319
21

Boarbank Hall
Notes to the Flnanclal Statements iconUnu•dJ
Year ended 31 December 2024
10. Expondlturo on charltable actlvltles by actlvlty ty
Activities
undertaken
directly Support costs
Totsl funfls
2024
Total fund
2023
Charitable Activities
Governance costs
2,393,974
2.393,974
30.306
2,034,338
37.515
30,3C6
2,393,974
30,3C6
2,424,280
2,071.853
11. Govemance cost8
Included in Goveman¢e Costs for the year a￿ costs associated ￿th A¢¢ounlancy and Audit fees
£20,619 12023: £21,990), Management fees for inveslmenls £6,542 {2023: £5.758>. Legal fees
£7,523 12023.. £7.3561. fO￿lgft exchange loss £259 12023.. Loss £146) and bank charges
£2,631(2023.' £2,266).
12. Other gxpgndlture
Unrestrlcted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Loss on dispos81 of tangible r￿ed
assets held for chariws own use
1 S,514
15,514
40
40
13. Net gains on Investm•nts
Unrestricted
Funds
Restricted Total Funds
FurKIs
2024
G8inslll0ssesl on listed investments
Gainsll1053e$l on other investment assets
49,882
11,706
61,587
49,882
11,706
61,587
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Gainslllossesl on Ilsted investments
Gainslllossesl on other investment assets
58,925
99,69)
5,875
62,800
99,690
162,490
156,615
5,875
22

Boarbank Hall
Notes to the Flnancial Statements I￿n￿n￿ad)
Year ended 31 DerAmbor 2024
14. N•t (expenditur•ifincomo
Nel (ex￿ndItUre)rincom6 is staled after chargin￿(creditingl.
2024
2023
Depreciation of tsngible fixed assets
L05s on disposal of langlble fixed assets
Operating lease rentals
FO￿ign exchange dlfferences
23,863
15,514
26,595
259
21,810
40
25,391
146
15. Auditors remun•ration
The Auditor5 remuneration includes fees for a¢¢ounlancy and audit services of the year end
accounts of £10,899 {2023- £12.2701 arKI payToII services of £8,994 (2023.. 9,7201 in the year.
16. Staff costs
The total Staff costs and employee benefrts for the ￿porting period are analyBed as follows:
2024
2023
Wage5 and salaries
Social security costs
Employer contributions to pension plans
Other gmployee benefits
1.455.683
115,287
27,670
13.893
1,354,171
98,482
24,833
8,179
1.612.533
1.485,665
The average head count of emFloyee8 during the year was 7912023.. 71). The average number
of full-time equivalent employees during the year is analysed as follows:
2024
No.
2023
No.
Full Time equiv81ents
50
51
The number of employees whose remuneration for the year fell within the followng bands, were:
2024
2023
No.
£60,000 to £69.999
£80,000 10 £89.999
£130,000 10 £139.999
17. Trustee remun•ratlon and expenses
During the year, neither truslee re¢eived any remuneration from the charity.
23

Boarbank Hall
Notes to the Financlal Statements fcondntsedj
Year endgd 31 Decembar 2024
18. Tanglble Ilxod assots
Freehokl Fixtures and
pro￿rty
fittings
Motor
vehicles Equipment
Total
Cost
Al 1 January 2024
Addrtions
Disposals
At 31 Docombor 2024
1,668,220
323,055
(25,9681
1.965,307
315,738
53,717
161,481 2.199.136
323.055
125.968)
161,461 2.496,223
315.738
53,717
Depreclatlon
Al 1 January 2024
Charge for the year
Disposals
At 31 Decemb•r 2024
516,153
16,415
110,4531
301.421
3,107
33.637
136.960
4,341
988,171
23,863
(10,453)
141,301 1,001,581
522,115
304.528
33,637
Carryln9 amount
At 310ecernbor 2024
1,443,192
11,210
20,080
20,160 1,494,642
24,501 1,210,965
At 31 December 2023
1,152,067
14.317
19. Invostments
Investment
Olher
properties Inve$tmenls
Total
Cost or valuatlon
Ai 1 January 2024
Additions
Fair value movements
Other movements
1.465,304
39,381
1,387.763
21.118
67,829
(6.2421
1.470.468
2,853,067
eiJ,499
67,829
16,242)
2.975,153
At 31 Decembor 2024
1,504,685
Impalnnent
At l January 2024 and 31 Dgcgmber 2024
Carrying amount
At 31 December 2024
1.504,685
1,470,468
2,975,153
At 31 Decemb&r 2023
1,465,304
1.387.763
2,853,067
AJI investments shown above are held al valuation.
Inve8tment propèrtiès
The investment PToperties are included in the accounts at valuallons whlch the Iruslees believe lo
be market value. In accordance Yith UK FRS102, no depreciation ig provided on these
propertw.
Other investsnents consists of are Investment portfolios.

Boarbank Hall
Notes to the Flnanclal Statements (¢ontlnuvdl
Year ended 31 December 2024
20. Stocks
2024
2023
Raw materials and consumables
2.500
1,700
21. Dobtorn
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
81,514
19,115
12,068
112,697
101,337
62,060
12,283
165,680
22. Inveslmonts
2024
2023
Short-temi deposils
496,083
478.641
23. Cash and cash equivalents
Cash and cash equivalents comprise th8 following=
2024
2023
Cash al bank and in hand
Short-term deposits
551,310
496,083
946.780
478.641
1,047,393
1.425.421
24. Cr•ditors: amounts falllng due wlthln one year
2024
2023
Trade creditors
Accnjals and deferred incx)me
Social Security and other taxes
45,512
79,789
8,706
17,089
124,200
5,095
134,007
146.384
25. Pènsions and other post retlrement benefjts
Defingd cOntrib￿lon plans
The amount recognised in Ir￿oMe or expenditvre as an expense in Telalion to defined
contribution plans was £27,67012023.. £24,833).
25

Boarbank Hall
Notes to the Flnanclal Statements {conrinu•dJ
Year ended 31 December 2024
26. Analysls of charltable funds
Unrestrict￿ funds
Al
1 January 202
Gains ond 31 D?Gemb8r
losses
2024
Income Expenditure
General furKIs
Community Fund
Prcoerty Irnprovemenls
5.095,483
5D,g13
72,936
2,349,067 (2.391.395)
49,882
5,103.037
50.913
42.936
10.000
140.000}
2,359,067 12,431.3951
5,219,332
49,882
5.196.886
At
1 January 202
At
Gains and 31 December
losses
2023
Ir¢come Expenditure
Ger￿al funds
Community Fund
Property Improvemgnts
4,632,938
50.913
32.936
2,367,504 (2,061.5741
156.615
5,095,483
50,913
72,936
40,0
2.407.504 12,061,574}
4.716.787
156.615
5,219,332
Rejtriclod furKIs
At
1 January 202
Gains and 31 Decernber
losses
2024
Ineknme Expendilure
Sister Anne post
graduate scheme
Sister Mary Whelan fund
962
300.531
290,155
291,117
7,069
18,3991
18.3991
11,706
11,706
7,069
301,493
At
Gains and 31 De¢ember
losses
2023
1 January 202
Income Expenditure
Sister Anne post
graduate scheme
Sister Mary Whelan fund
220,625
221.587
73,974
73,974
110,319)
110.319}
5,875
5,875
290,155
291,117
26

Boarbank Hall
Notes to the Financlal Statements I￿nd￿u•d}
Year ended 310ecembgr 2024
27. Analy$is of net a88•ts botwgon funds
Unrestricted
Funds
Restricted Total Fund8
Funds
2024
Tangible fixe(l assets
Investments
Current assets
Creditors less than 1 year
Net assets
1,494,642
2.715,875
1.118,317
(134,0061
5.194,828
1.494,642
2,975,153
1,162,589
(134,006}
5,498,378
259,278
44,272
303,550
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Inveslment5
Current assets
Creditors less than 1 year
Not as80ts
1.210.966
2.614,592
1.540,160
{146,386)
5.219,332
1,210,966
2,853,067
1,592,802
(146,386}
5,510.449
238,475
52,642
291,117
28. Stat•m•n¢ of funds
Sister Anne Postgraduate scheme Fund has been set up to fund sludenvs costs coming to
Boarbank. This wll be an ongoing fund.
Sister Mary Whelan fund has been Set up support her as she lives outside of community. this
fund is lo be used for her every day needs and future care.
Timing of Expenditure on funds is as required to meet the objectives of the funds.
The Community Fund is money pul aside for the sisters in the evenl of emergencies or for a
roason such as a Sister requiring specialised care or a sister who leaves the community and
r8quires monetary assistanc8. The source is mainly from legacies inherited by the sisters and
gainsl payouts of insurancel endowment policies.
Property Improvements Fund is money put aside for improving the propety. This fund was set up
in 2005. The initial donation came from a legacy left to one of the members of the communlty. As
the members of the community are not allowed lo own any property the money was transferred
into this fund, and wll be ulilised as and when required. In 2011, funds were ulilised lo make up
the shortfall in funds required on the Bethany Refurbishment.
In 2024 a donat￿ of £10,000 was received in rdation to final costs for the rwi Ilft a￿1 has been
separated into the designated funds for property improvements.
29. Contlngent IlabS1ft1os
There are no conlingenl liabilities.
30. Control rolatlon8hlp8
The charity is controlled by the trustees together with the council of tsvelve sisters.
27

Boarbank Hall
Notes to Ihe Flnanclal Statements {conllnu•d)
Year ended 31 December 2024
31. Analysis of ¢hang•s in not debt
At 1 Jan 2024 Cash flows 31 Dec 2024
Cash at bank and in hand
Current asset investments
946.780
478.641
(395.470)
551,310
17,442
496,083
1378,0281 1.047,383
1,425,421
32. Capital commltmonts
There were no capital commitments at 31 December 2024 £nil12023 £Nill.
33. Operatlng leas• cornmitments
The total future minimum lease payments under non-cancellatle operatlt¥J leases a￿ as follows..
2024
2023
Not later than 1 year
15.869
28,455
During Ihe year the charity paid £26,594 (2023- £25,391) towards its rental leases.
Ethical standards
In CAimmon with many other charitie5 of our size and nature we use our auditors lo prepare and
submit returns lo the lax aulhoTilies and assist with the preparation of financial statements.
28

Boarbank Hall
Management Infornjation
Year ended 31 December 2024
Th• foll*)wing pages do not fomi part of the financlal statemonls.
29

Boarbank Hall
Dotsiled Statement of Financlal Actlvltles
Year ended 31 December 2024
2024
2023
InGomg and endowmgnts
Donations and legacies
Donations
Legacies
54.833
30.646
277,140
66,540
343,680
85.479
Charltable activities
Nursing Home Fees for Residential Care
Income from Retreats
Convalescent Guest Home fees
2,082,628
115,543
1,680
2.199,851
1,965,373
90,028
2.060.361
Other trading actlvltiès
Fundraising events
Guest House Fees
1,145
5,930
8,695
8,fj95
7.075
Investmont incorne
Rental income
Bank interest receivable
Olh&r interest re¢eivable
22,540
21,693
4,965
49,198
28,447
12,257
5,757
46.461
Other Incorn•
Sundry income
Dividend income
8,258
16,275
7,238
15,043
24,533
22.281
Total income
2,366.136
2,481.478
30

Boarbank Hall
Detalled Statement of Financial Activities (cOn￿nu0dJ
Year ended 31 Decomber 2024
2024
2023
Expondltur•
Expendltur• on charltable actlvltle9
Pur¢has8S
Wages and salari8S
Employels NIC
Pension ¢osls
Other post-retirement benefits
Operating lea$es
Rates and water
Light and heat
Repairs and mainlenance
Insurance
Motor vehicle expenses
Legal and professional fees
Telephone
Other offi¢e costs
Depreciation
Other interest payable and similar ¢haTges
Foreign exchange gainlloss
Oth8r Support Costs
Gifts
183,531
1,455,683
115,287
27,670
13,893
26,595
6,7S3
193,185
147,499
52,006
15.364
27.416
15.653
47.519
23,864
2,631
259
63,552
5,920
153.486
1.354.171
98.482
24,833
8,179
25,391
5,665
73,119
88,212
40,878
12,938
35,103
15,885
42,881
21,810
2,266
62,894
5,514
2,424,280
2,071.853
Other expenditure
Loss on disp08al of tangible frxed assets held for chariws own use
15.514
Total eXp￿dItUre
2,439,794
2,071.893
Not gains on Investments
Gainslllosses) on listed investments
Gains/llosses) on other investment assets
61,587
62,800
99,690
162,490
61.587
Not {expendltureyincom•
(12,071)
572,075
31

Boarbank Hall
Notes to th• Detalled Statement of Flnanclal Actlvities
Year ended 31 December 2024
2024
2023
Expondlture on charitable actlvlties
Charitable Activities
Actlvities undertaken directty
Direct charitable activity 1- purchases
Direct Charitable activtty 1- wageslsalaries
Direcl charitable activity 1- employerfs NIC
Direct charitable activity 1- pension costs
Direct charitable activity 1- other employee benefits
Direct charjtable activty 1- operating leases
Direct charitable 8clivty 1- rates & water
Direct charitable aclivty 1- light & heal
Direct charitable aclivty 1- repairs & maintenancg
Direct charitable aclivty 1- insurance
Direct charitable activty 1 - motor vehicle expenses
Direct charitable activty 1- telephone
Direct charitable activty 1- other office costs
Direct charitable activty 1- depreciation
Direct charitable activty 1- Other Support Costs
Direct charitable activity 1- Grfts
183,531
1,455,683
115,287
27,670
13.893
26.595
6,753
193,185
147,499
153,486
1,354,171
98,482
24,833
8,179
25,391
5,665
73,119
88,212
11
52.006
15.3fj4
15.653
47.519
23.864
63.552
5,920
40,878
12,938
15,885
42,881
21.810
62,894
5,514
2.393,974
2,034,338
Goveman¢• costs
Governance costs - accountancy fees
Governance costs - audit fees
Governance costs- professional fees
Governance cosl$- other finance cosls
Govemance cosls- foreign exchange gainiloss
8.994
10.899
7.523
2.631
259
9,720
12,270
13,113
2,266
146
30,306
37.515
Expendlturn on charlt8bl• aclivitles
2,424,280
2,071,853
32