REGISTERED CHARITY NUMBER: 2339$8 Report of the Truste68 and Unaudlted Flnan¢lal Statements for the Yaar Ertdgd 31 December 2025 for THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER KNOX CROPPER
THE HOSPITAL OF ST THOMAS THE APOSTLE IN I)ONCASTER contsnts of the Flnan¢lal Statements for the Year End 31 December 2025 Page Referen¢9 and Admlnlstratlva D•tall8 Rèport of the Tru8te8s Independent Examln•r's Report Slatem•nt of Flnanclal Actlvltlg8 Balanco Sha•t 10 Notes to tha Flnanclal Statemants 11 to 20 Detalled Slat•m•nt of Flnanclal Acuvltlos 21
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Reference and Admlnlstratlva D8ts118 for the Year Ended 31 De¢gmbgr 2025 TRUSTEES Janet Howarth Peter HorkS Wood Sally Elltseth Utlley Peter Anlhony Wriggb8woth Michael Harry Hardy (resigned 1.2.251 Martin VVilThott lappolnted 1.2.25} PRINCIPAL ADDRESS 36 GoodiscA) Boulevoril Canlley Estate DonGqSter DN4 6BX REGISTERED CHARrrY NUMBER 235958 INDEPENDENT EXAMINER Knox Cropper LLP Chartar&d Accountan 65 Leadenhall Street London EC3A 2AD ExFFICI0 TRUSTEES Rèvd Canon D Stevens, Vicar ol Don¢asler Minster until 04 Feb 2024 Vacant apintMent. VieAr ol Donca81er IAlnster until 04 Feb 2¢J24 Cllr J Gra. Civic Ilayor ol Donc85ter unbl 23 May 2025 Cllr T Needham, CiM¢ Mayor ol Don¢Jster from 23 May 2025 CLERK TO THE TRUSTEES Mr N M LuMY BANKERS NatW8sl PLC Don¢a$lpr Branch 12 Hioh Street Donwtgr DN11EJ Page 1
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Report of thè Trustees for tho Yar Ended 31 December 2025 Th8 Imst8e$ kwesent their report wllh the financial slalaments of the charity for the year ended 31 Decemb8r 2025. The trustees have 8dtsplèd the provisicns ol Accountlng and Reporting by Charities.. Statem8nl ol Re¢(Anmended Piactice applicable lo ¢harilies preparlng Iheir accounts in accordance wlth the Finanaal Reportlng Sl8nd8rd 8ppli¢able in the UK and RÉpublS¢ 01 Ireland IFRS 1021 l¢ff¢dive 1 Jarwjary 20191. The Hospital ol SL Thomas the Apostle in Doncaster Ih•reinafter relerred to as'lhe Charity'l is wulaled by the Charities Act 2011 aNI admlnlstered and managed by a body ol Trust8ès in atrdan with the recommendallons ol tho Almshou8e Association's'standards ofAmshous• M8nagèmenY, No truslE¢ has hetd Iltle to a propety on behdl ol thé chwily eilhet on Ihe date of approval of Ihls report or dufing the reptsrting period The Charity is registereil wllh the Charity Cornmi881on under numb6r 235958 and WTth the Regulator ol Social Houslng (Hornes England) under number A1286. OBJECTIVES AND ACTNITIES Objoctlveg and alms The Charity was set up.. i. To prowde accommodallon lalrnshousesl fLY poor persons of good Gharact8r fihe almspeople'l and to ulllise the IrKome lo defray the costs ol malntainiTr3 such 8ixoMmodalitn and for the benefit ol the alrnSoAO of the Charily or any ol Ihem as lh8 Trusta•s should from lirne to time Ihlnk fit li. To make paymentto pÈnsioners. ObleGt5ve for th• Y•ar To provlde warm. comfortable and saf8 houslng for alm8people and lo undertake such wcwks as mlghl be neS5ry to improve the quality ol residence for (he alrnspeople. Alms i. To meet th8 objects of the Charfty responslbly 8nd lo njn the charity in a way Ihat carrie8 out Its purpose the public benefit. li. To ensur8 that all the dwdlings comply with the DocBnl Homé8 Standards aThl to iyomde affordable accommodallon for eligible person$. ill. To appoint perso, being ol good character. whose quality ol Ilfe would be significanily Improved by being appolnled as an in-hou8e pertsioner (alm$per5) and who are likely to fil in with th8 profilè of and be compatible with fellow penslonors. Pag8 2
THE HosprrAL OF ST THCWAS THE APOSTLE IN DONCASTER Report of the Trustee¥ for th• Year Ended 31 December 2025 OBJECnVES AND ACTivmES Slgnlll¢ant a¢tlvltles The charity runs 15 one bedroom bungalows. 6 ale situated al St TMas. Cwrt. Sloops Lane, Bessacarr, Don¢astsr whllsl the other g ar¥ $ilual8d al Goodison B0eV8rd, Canlley Estate. Doncast8r. In Augusl 2023 a Qulnquennial Revlew, lo the Almshouse AssocAation Spe¢lfiealknnslM8n3gemenl SlarKlards, was carried out by tre LHL Group, Property arKI Construction Consultants, In respgct ol all housing stock owned by the trustees. Al th¢ pnd of Ihe year all 15 bung8lows were ocojpied in $F¢t of ap tha dwellings wow.ded by thb Charity. The Trustees will conb.nue Ihelr programme ol cyclical repalrs and. where approprlalg, w0dem15ali of feabjres that h8V@ bè(xJme outdated or obsolete. As in prewou5 year8 th8 Trust•8s nts'nUed to fully ullllse th& facility ol haviThJ a permanent presence on 8118 at No. 36 Goodison Boulevard. This continues to prove an excellent means ol keeping in contact with the almsp8rsons and 98inlng a better understanding of the needs ol the in-house pensioner5 and the way in whh Ihe almshouses could be enhanced lo the benefit ol the almspersons. During 225 regular rep81r8 8nd maintenance wer¢ raiiiod out, when necessary. on 811 the housing slod(. In resped cl all works undèrtaken the Irusleo$ have had regard to Ihe'carbon footrKlnf ie8ullanl trorn such works, Publle b?neflt Al all limes Ihe trustees, Wthln the structure of Its objects. have been mindlul ol thelr responsibility lo run Ihg Charity in a way Ih8t earrfes Out its charllable purpose and to extend that il may provide public benefit. Al all m•s thÈ trustee5 have soughl rnake decisions to èn8LJrè that its charitable purpose prov5des benefit in all dèclsions lo identify risks ol harrn, Thinlrnising the risks and making Sure that any harm that n)Ight arl8e18 a rninor consequence oleArrying out the purwse make deaslons abts who benefits In a way Ihgt conslsleTrt with ils ch•it8ble purwse make suie that any personal bènefrts any person receives Iheing regard both to hig nature and lo rts amount) are no more than a neee88ary resull or by-p[0uct ol carrylng out the purpoye. Grantwnaklng 11 is not the p0cY tsf the Trustees lo moke grants. ACHIEVEMENTS AND PERFORMANCE Charltabl• actlvlflè¥ All ol thé almshouses hav¢ hpd, whenever requlred. essenb'al works ol maintenance cathed out b them aNJ Ihls. together th warden call systems provKled on an exralia basis for the benefit of residenls al both Gwdi50n Boulevard atN1 St Thomas. Court, along with positive input from the residents causos tho Trustees to lIeve that ihey have met their obj'ectiva lo provide warm, comfortable 8nd safv housing for almsp&oplè. Page 3
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Rgport of the Trustees for tho Y?ar Ended 31 Oecember 2025 FINANCIAL REVIEW Flnanclal posltlon Thè surplu$ for the year ending 31st Dember 2025 was £127,139. compared with £66.422 in the prewus y8ar. This ¥ignificanl £60,717 increase is primarly altritxjiable to £e1.267 positive movement in the revaluatKJn ol investments. Other contn"bulSng fact5 inGILTde.' an additional £1.432 In Income trom houswig activities. Despite an increas8 in void periods from £5501881 year lo £2.957 this year, due lo the lUrtH$hrneDI of units N.1 arKI N.42, this increase lgflgcts the impact ol a full y88r'8 r8nl Increase da$ 4th April 2024. £3,518 ri$e in investment income Thè £2,688 increase in expenditure on charitable adlwlles ¢ompareil to last year is prfmarity due lo £1,766 spent on repairs and mainkenanc8 for th& r8rb1$hrnÈnt ol N.42, and a £1.000 rise In dèpreoallon followng the Gapiiali8alion ol balhiwrn and kftchen costs in N.1 Tharè were no donations received in 202S. The BalaTr Sheet shows an increaso In res9rv&s trom £1,360.126 to £1,487.265, reflecting the sw)lus lor the year. Thls Is represÈntèd by an increase in unrestricte(I fdS 01 £128.528 a deuea8e in reslrided funds, amounting lo the depreciation of the social housirw grant elomenl of hOl1ng properties, of £1,389. Inveslment$ at mathol valu$ increased by £119,400 during the year. This ilKleS achYib"on$ of £850 from ¢a8h al bank, accumulated dividend8 lotalling £30.699, and revaluation gains amounting to £87.851. Investment polky and oblectlve$ Th¢ Charity's Cy¢ltcal Maintenawe Fund, Extraordinary Repairs Fund and ENloMnenl Fund 8re invested in kTrw risk investments managed by profe1081 rnanagors on behalf ol the M&G Charity mlI Asset Fund. COIF Charities Inv8slmant Fund, BLK Charllies UK Bond Fund and Charisco Common Investment FurKI. Reserve8 poII¢y ThÈ Trustees hold designateLI fvnds Inveslments lolalliThJ In excess of £700,000. The Tru51ees airn lo rnainl8in this level and, if Fossible, increase the same by Gqpital and incomè grovrth that wll be monitored and reviewed upon a regular ba81S. Thg Trustee8, having regard lo the current housing climate, ar6 88tlsfied Ihal reserv88 are QUIred for the maM)tenance of cutrent fK)u$ing 51oGk and fvluro rehablrebuild rather than new build ol additional 8lmshous8S. Duiin9 tho yoor 10 3151 Decen*er 2025. the Trustees periodicalty reviewed the Deslgnalea R6setve$. Vlhilst beiThJ ever vigilant, the trustees have no ¢oncotns a1ul thg chariV8 ability lo operate in the fure Golng concern The BoTrard h85 reasonable eXpeCtatic Ihal th8 tharity has adequatè re8oiir¢e5 10 (x)nlinue operalh?ns for the foreseeable future. For thls rea50n. the going Gonr basis ha5 Continu to be used in pr8parlng lh8 finanial 818lemenls, FUTURE PLANS The Trusteas contlnue to dosety monitor their investments. Tho Tru3lees intend to maintain the present housing slod( lo a high stsndard and enhance the same, whenever possie, wlthin the Struclural limilaliws irrposeis by the basic construction of th¢ dwelllThJs. To b& evervigilant to the needs ol the almspersons and pensionèrs_ STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng documont The d)arlty is ¢onlrolled ty its goveming document. a deed ol trust and constitutss an unincorpcKatèd charlty. CharSty constitutlon The charity Is govern by the schem8 ofthe Charlty Commlsston dated 28th M8y 1964 and varied by sthemes dated 23rd DeGembet 196e, 05 Janu8ry 19e8, and 03 February 1995 as ameThJed tsn 22 Nov&mb•r 2023. The Charity's regstered number wilh Ihe Charity Commission Is 235958_ The Charlty's registered numbet th Iho Rogulator ol Soclal HousiThJ, is A1286. Page 4
THE H08PITAL OF 8T THOIAAS THE APOSTLE IN DONCASTER Report of the Tru5tses for tho Year Ended 31 Decomb•r 2026 STRUCTURE, GOVERNANCE AND MANAGEMENT Re¢rultfflgnl and appolnfment of new trusts95 The Trust Deed ptQVKle8 that the body of Truste8s, incl11 e%-officio Ttee$. S)UbJ Gonslst of seven competent persons. The ViGar ol Doncasler Minster and Ihè Clvic Mayor ol Doncaster are ex-offioo Trustegs whilst the rèmainlng Trustees are persons resKling cf rnrrying on businèss in or nèar Doncasler aThJ are ¢4 with the airn of having 8 Board of Tru81ees with a range of rgl¢vanl ski118 and experience. New Trust8es ara I)dited by the Board but are able to atterKI courses run by the Amshou58 Associallon and otheis. No trust&• reCve5 any benefits Ircth Ihelr appointsngnl, Organlsatlonal Ètrutture The Board of Trustees mel 4 Ilmos in 2025 to determine strategy and policy and 18 serviced by the Clerk to the Charity, The Clerk lo the Charlty gverso9s the day-lo-day operations at thè Almsh)u8es The Clerk receives an annual Stipend bv way ol rernunerati for hls work done lor the Charity. The benchmart( for such remuneration involves consideratlon ol remuneraliw of others wth similar experien and reSpSIbIlItieS linked lo Ihe time exP68d by thè Clerk on tru81 activities, vurne of w)rk involved and aGhiovgment. Deelslon m•klng The Trustees aGknO%O9e their reswnsibllity lor the Chaiivs system of internal controls, indudirrfJ Intarnal finanaal controls. ThÈ Systsm of controls covers govornance, strategy and finance, r8laling 10 the safeguarding of assets. Ihe maintenance ol propel r8cord8 and the reliabilty of finanoal information US tw)th wthin th8 tsrganisation and for publKats"on. The systems eslabl'sh&l ancl maintain8d CAn pro*ide reasonable bul nol absolut¢ a5suranGg agalnsl mgtsrial mi5St8lement or loss. The TIustQe8 gw8 considerabon to the major risks lo which the charily Is exposed and hav8 rèvlÈwÈd the èstablished $ystem8 and procedures to tnanage these 8k8. It has been a9md that thè Tru¥le88 will annually review these Il¥ks. Rlsk management The Iruslees havo a duty to identify and revi8W th8 risks to which the charity is exposed and lo ensuro approprlaie controls ar& In place lo provide reasonatle a$8urance against fraud and error. Codt of Governance The ¢ode ol govgmance adopted by the Trust8•s is the Chatity Govemance Code. as Ihl8 best f61s vAlh the aims and oblé¢tives ol The Hospllal of St Thomas a5 an AIMSSe Charily and represents a standard of 9d 9)ve[nan prad"¢x lo which all charities should aspire_ The Board ol Trustees confimis Com11 with the Governan and FlnancS8l Mabllily Standard. In dcing so, B¢)ard confirms Ihat11 has an appropriate, robust 8nd prudent business anlryJ, risk aThJ c¢1[ fr8Theworf( in pla. chwity 1here8 to the Housin9 Ombudsman Complaints CcNJe aTrJ ensures Ihal complaints and corhcerns raised by resident6 are addrnssad approptialety. Page 5
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Report of the Tru$tses for the Year Ended 31 Dergmbgr 2025 VALUE FOR MONEY (VFMI Each year the Charily usos a range ¢1 data to measure VFM progrgss against the housing sector. Th& r8sults 1p inffuence Investmant d8ei$ions and provide the regulators and olher stakeholders wlth Inl(Nm8bon on the progress ol the Charity, whilst al¥ts ¢n$uring ¢omF41ce 1th the regulatory VFM standard. The molri¢s have been Compar to the Acuily smaller provlders 202412S $Y11&. A¢ulty Scorecard 0% Metrle New supFAy delivere(I 2026 00 2024 omrnenta h¢ Charity has 15 Arn8houBes in anagemenl, th no new supply ol sodal ouslng or new SLypty ol non4oryal ousln his metric indicales the extent to whiej) thè harity's properues are fured by loans. his negative cakulation reflèels IhÈ fact hat thè Charity has no bcfrowings. eaiing 118.201% 118,241% 17.30% EBITDA MRI NIA NIA 200% he Charity ha5 no borrovrings and herèloiè no in*rest in the ear. his metric measures the eeonomy and ofihe Charity. The loNer the mounl, the more eeonomic and efficient he Chatity is. The Charity remains ignifieanlly below the sector benchmark en8CtiThJ the careful st@ward$hlp of soiffees. opgrakn'onal efflenCY. and otnmi1rn8nt lo providing affordabla, ustainable hwsing for ils residents. The per unil increase in the year reflects 8 ise 014%, despite bioader inflationary 88ures 7Lross th8 S8Ctor. So¢ial Housing Cost Per Unit £4,(5 £3.$04 £6,447 peralir MarginOveraEI 40.79% 41.13% 15.52% hese metr4cs mÉa8ure the overall rofitability of the Chaiity. exdvding exception81 itèms. The charity is erformin well abov¢ sgdor nDrrn8. s a Ch81ity. The Hospital ol St Thomas receives a signlficant level of in¢ome from ts investment8, which prodwed £33.589 in 025, thus impacng the operating margin. h1$ inwtne also underwrites part of the haril (x)sts. odal Housing ettings on 9.15% 15.41% 18.52% P8ge 6
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Report of thg Tru81eeB for the Year Ended 31 Oecembor 2025 OCE 2.64% 2.93% 2.53% he Charity has minlmal liabilities Ith a po3itive operatino surplus in he year. The decfè88e in the year fle¢ls a 81ighl decreased efficièney n the use ol capital to déliver ari18ble objectives and genèr8le 8Iuo lor beneficiaries, Notably, the 025 ROCE excÈÉd$ the sector ¢orecard benchmark positioning Ihe mshouse above average in terms f capital p8ifomiance. This ndieales that the organisawon 18 sing its resource5 effechvety to ellver bolh social impaGt and Reinvestment 4.59% 4.58% 2.70% Higher inve8lmenl ra in the yo4r indicates the Charity is prlorlli8iriJ he upk6ép 8nd ¥npiovements ared to vious The8e key perlorm8nc8 indicators refie¢t tho rosull8 lor the year ended 31st Demb9r 2(r25 in comparison to industry siandard. deThonstrating strong reserves. no bwowngs. and the ability to meet its tharilabl¢ objoctives. largely due to focusing on dèllvering htqhl stsndard a¢cthrrnodation to resxlents. STATEMEKf OF TRUSTEES. RESPONSIBIUTIES The trustees arè rèsponsible for preporing the Report of th• Trustees and the fingncial slalement8 in accordance wth appllcajle law United Kngdorn AOUntng Standards Iunited Kingdom Gènèrally Accepted AcuntIng Practice). The law applieIe lo charilles in EnglaThJ and Wales, Ihè Charitles Act 2011. Charity (Awunts and Reports) Regu181ion$ 2008 and the provislon8 Of the trust deed requiios the trustees to pr8parè financial statements lor each ffnancial year which giv• 8 true and faw eW of the slate ol affBirs of the tharity and ol the incomlng rèwurces and appll¢alion of r980urces. induding thg income and expendilure, of the charity for that pÉrknl. In preparln9 tho39 ffinandal statements, th8 trustees ate required lo - select s(able a¢vJunling poliaes aNI then apply them consi8lenNy,' obsèrvè thè methods prin¢iple5 in Ihe Charity SORP- Ir8ke judgements and eslimales that are reasonable and pwdent". prepare thè finanry81 stalements on Ihe going concem basis LJnles5 11 is Inappropriatg to presume that th8 charlty Mll continue In buslng58, Th8 trustees are respon51ble for keepiTrJ proper a¢counting records which disdose wth reasonable aGracY at any Ilme the financlal posib.on Of the charity arKI lo enable thern to ensurè th81 the finanaal stalgwnents cornpty wth the Ch8ritfjes Act 2011. Ihe Charity IAw¢)unts and Reportsl Regulations 2008, the Housing and Regenerallon Act 2008, the Accounting DlrÉction for PrivalÈ Registered Providgrs of Soclal HousiNJ 2019, ancl Ihe prOlS1on3 ol the trust deed. They aro also responsle for safeguardirTrg the assets of thè ch8rity aThJ hence for laklng r6asonable steps for the prevention and detection ol fraud and Ctlher irregularitS_ Approved by order ol Ihe board of trustees on 23 March 2Q26 and sne on ils behalf by.. Peter Anthony Wrl99lesworth- Trustee Pagè 7
Indopond•nt Examlner* Report to the Tyustees ol The Hospltal of St Th¢)ma¥ Apostle In Dtsncaster Ind•p•nd•nt examlnèrfs report to the tru8lee8 of Thg HoBpltal of St Thcrfnas the Apostl• In Doneast•r I report to the charity truslees on my examlnalion ol the accounts ol The Hospital of St Thom89 th6 Apostle1n DoneASter (the Trust) for the year ¢tKl¢d 31 December 2025. Rè$ponslbllltles and ba$18 of report As the charity Iru8tees ol the Trust you are restM)n8ible lor the preparation gf the 0¢unt8 in ac¢ord8nce with the requirements of the Charities Ad 20111'lhe Acfl. I report in SpeCt of my examination of the Tnjst's accounts ¢arrled out under Section 145 01 Iho Ad awj in ¢arryiThJ out my examlnatlon I have followed all appllcable DI1onS givan by Charity Commission under Section 145lSllbl ol Ihe Act. Independent ex•mlnerf3 Btatement I have compleled my examin8lion. I wnfirm that no material matters have come lo my allenllon In connection with the ex8rninatiorb 9Ing rne cause to believe that in any matèrial rèspect.. acG)unting recA)rds w8r& not kept In re8pe¢l ol the Trust as required by Se¢tIC 130 of IhB Act,. or the )Unts do nol aword words,. or IhÈ 8c¢ounls do not compty wlh the appli¢able 1oquiieTnenls cOerning Ihe lorm and cont8nt of accounts sel (wl in the Chantigs IArL¢)unl8 and Report81 Regulations 28 other U)an any requiremenl Lhal the accounts 9ive a true and fair view which is not a matter wn5ideted as part of an independent examination. hav8 no conttÈms and have come 0$$ no other matt¢rs in connedion the examinotson to which altentlon should be drawn in Ihls port In order lo enabl6 a prOr underBtandiThJ ol th@ 8C(x)unt91o [pacId_ Thls report is male lo the TruslEes, ps a body, in acccfdance with the terms ol my engagernenl. Our work has tten und8rt8kèn $0 Ihat we rnighl carry out an IndeppvKlent Examlnalion ol the finanual stat8menis in ac¢Ordan th the General Directions glven by tho Ch8rily Commissioners. To the lulksl exlenl rrnrtted by law, we do not accept or assume responsthih.ty lo anyone Oth than the Ch•ity and Ihg Charity's Trustees, as a body. lor our work or lor thls report. //uL James Holland-Leader FCA Krpox Cropper LLP Chartèrèd Accountants 65 Lèadenhall Street London EC3A 2AD 23 March 2026 Pago 8
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER S¢at¢ment of Flnanclal Acllvltles for the Year Endod 31 December 2026 2025 Total lunds 2024 Tofal lund8 Unrestricted funds R88tricted fund Endowment lund Note5 INCOME AND ENDOWME8 FROP41 charltable actlvltles Housing ACtiltieS 62,303 62,303 63,735 Inv¢sltnonl income 33.589 30,019 Total 95.892 93 754 EXPENDITURE ON Charltable aGtlvltle8 Housing Acllvllles 53916 Net gains on invostsnents NET INCOMEIIEXPENDITUREI 128.S28 11,3891 127,139 e6,422 RECONCILIATION OF FUNDS TO1 funds broughl fowar 1,211.368 72,894 75.874 1,360.128 1,293.704 TOTAL FUNDS CARRIED FORWARD 1339.866 1487 265 1,360,126 CONTINUING OPERATIONS All incom8 and expendTe has arisen from continuing ltIes, The notes form p8rt of thèse fin8ncAal statements Page 9
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Balance Sheet 31 December 2025 2025 Totsl funds 2024 Total funds Unrestrted lunds Resliidgd Jnd Endowment fijnd FIXED ASSETS Tangible asset5 Investments 11 12 352,498 900 479 71.505 75.874 499,677 900.479 491,618 781079 1,252.977 71,506 75,874 1AOO.356 1.272.697 CURRENT ASSET8 Debtors Cash at bank 13 1.225 1,225 1,918 89,604 92.137 91137 91,522 CREDITORS Atnounts falling due within on8 year 14 16,2281 15.2281 14.0931 NET CURRENT ASSETS 87.429 TOTAL ASSETS LESS CURRENT LIABILITIES 1,339.886 71,605 76,874 1.487,285 1.360,126 NET ASSETS 1 339 886 75,874 1487 265 1 380.126 FUNDS Unrestricled fundE Restricted funds Endowrnenl funds 15 1.339,886 71,50S 1,211.358 72.894 TOTAL FUNDS 1487,265 1.360.126 The finarKial Statem1$ were approwed by Ihe Board of Twglees ond aulhorised lor issue on 23 Marth 2026 and were signed on its fkhalf by.. Peter Anthony Wrlgglasworlh - Trustse Martin Wilmott- ru8leÈ The notes fom) part ollhase financial staiemenls Page 10
THE H08PITAL OF ST TH0s THE APOSTLE IN DONCASTER Note8 to the Flnanclal Statements for the Year Endod 31 December 2025 ACCOUNTING POLICIES 8asl¥ of proparlng the flnanclal 8tatement8 finaal statements of the charity. 1¢h 15 a public benefit enb'ty under FRS 102. have been prep3red in accordan with th8 Chariil•s SORP IFRS 102} Accounting and Reporting by Charilio¥.' Stalomonl ol RecotnmerHJed Pracllce appllcable to charities preparing Ihwr #ttounts in accordance wlh the Finan(ial Reportlng Standard applicable in the UK and Republi¢ ol Irelond IFRS 1021 (effective 1 January 20191,, Finanaal Reporting Standard 102 'Thè Financial ReportiryJ Standard applicable in UK and RepLknlic of Irelanrf and the Charitses Act 2011. The accounts ¢ompty wilh thg Charilios Act 2011, the Housing and Regeneration Acl 2(X)8 and the Accounllng DIr8Ctrn frjr Private Registered Prowjers ol Soclal Houslng in England 2019. Tha financial st8tÈments have been prepared under Ihe historleal e05t wnvcnlion, wth the exception ol Investments which are induded al matkel valug. as tnodifigd ty the revaluation ol certain assets. The financial statements are presented In $leiliTrJ, wl¢h Is th& n¢t10nal currency of the Charity and are rounded to thè nearest pound. The acu have been prepared lo give a 'lrue fair viosv and have departed from the Charitie8 IAcLounls and Rewrts) Rogulalions 2008 only lo the exlenl required to provide a 'tru8 and fair wew. Thls departure involved IlOn9 A¢counllng and ReFK)rting by Charities preparing Iheir accounts in accordance with th8 ¥incial R8POrtlng Standard applicable in the UK and Republlc of Ireland IFR81021 issued on 161h July 2014 rather than ihe Accounting and Rep1 by Chatibos Slalemenl ol Recornmended Practice effective from 1st Awil 2005 whlch has sincè been wllhdrawn. Golng concem The final1¥1 stalemon15 have been prep8red on a going COrern basis as the Trustees bdi8v• thal no matérl81 uncertainties ex181. The Trustees have eonsidered the level of funds hekl and the expected level of Incorne and expenditure for 12 months from aulhorissng these financial stslemenls. The budgeted income and expenditure is sufficient wth level ol reserves for the Charity lo be atle to continue as a going concern. Crftlcal accountlng judgements and key sources of egtlmatlon uncertalnty The followng are the ailical judgements and key sources of estirnalion Uertainty that the Board has rnade In the process ol apyIng the thorivs accounllng policles and that have the most 8ignificanl ef on the amounts recognised ill Ihe financial statements.. Identificatn ot hwsin9 PIDperty ccwpongnts The charity accounts foi rts expendlture on housing properbes using o)mponent accounting. Under component accounbng, the houslng propety is divided into thosè major ¢omponenls which are considered to have substantially different useful economi¢ lives. Judgement is used In allo(atin9 properly costs components (land, slruclure, kitchens. bathrooms etcl and in d8terminlng the leful econornic lives of each component. Housing propety deprec4ation is colculat8d on a component ty cornponenl basis. The identificati ol such components18 a maller ofjud9ernenl and may have a materfal imp on the depra¢18tion charge, The ¢>)mponents 8elected are those which reflect thè m4or rapairs lo the property are rnanaged. Income All income Ls rewnised on¢tr Il Charity has enlillement to the income, 11 is pr¢)atle that the Income wlll be reGoived and the aMot ol iome receivabl& can b• mèasurèd reliably. In¢omo frotn hou8ing repr88ents housing contributM)ns from wèekly m8inlen8n¢e charges from residenis. No amount 13 induded in the tinancial Statements for VUnt&r tim8 in linè w(th thè SORP IFRS 1021. Investment income 1$ earned IhroJh IK)l(ting assets lor Investmont purw$&s such 8$ shams. 11 Induded dlvldends and interest. Where it is not practical to Ksenilfy inveslrnenl management costs Incurr wllhin a schgtno Mfjlh re8sonBbl6 wiraw the investment irKome is reported net of Ih?s¢ ¢¢$ts. 11 Is In¢lud8d whèn the amount can be measured reliabty. Interest incom• is recogni8Èd using the effective Inte$t method and dwwjond inGc¥no i recognlsed as the Charity's right lo recelve payment 1$ ostabllshed, Pago 11 contlnued...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Notes to the Flnanclal Statements. ¢ontlnuvd for tho Year Ended 31 December 2026 ACCOUNTING POLICIES. contlnued Income Social Hou$lng Cfs)lial gr8nts 8r& re¢ogni$ed vAn receivable, or in Ihe ped in which a 8cheme is com eted and wtEre the amount ol Ihe 9rant has boen determined. Grants are refflected in th8 r88tricted Hou8lng Property Fund with depreciation on grant ftjnded assets redu¢lng this fund. Expendlturo Liabilits'es are recognised as exp8tKlilura 8$ soon as there is a legal or conslructlve obligation Gommlitlng the charty lo Ihal expenditure, il is probable that a transfer of economle bÈneffts wlll be required in settlernenl and the amoLJnl of the obligation can be maasuied reliably. Expenditure is accounted for t)n an arxruo15 basis and has be8n dassified under hea(Jings that aggregate all cost re18ted to th8 catéyory. Whère costs cannot be d1cUY attrIbut to patb¢ulai headlngs th have b8en allated lo activititr5 on a basis consistent with Ihe ol rQU98, Tanglble flxed a89•ts Houslng propertles Th8 Amshouses al Goodison Boulevard, Canlley, Doncasler. were conslru¢ied In 1964. The Housing PrOrtieS cost indudes improvemants C8rrlÈd oul in 1986 which were funded by Houslng CorpDrglion Gr8nt a rnortgage loan Irom Hou8lng CThpor81ion secured by a charge OH housin9, land and buildings. Housing prOpertS are slatsd al depre¢iated Gosl, The w81 ol completed housing properties Is depreaated over the life ol propèrbes. Propare8 are accounted on a component cost basis with each component being deprecAaled over ils esllmaled ¢¢onotni¢ life. Tho prin¢ipal cornponents identified and the dewecialion rato applied lo èath ¢ornponent are set out below. Years 100 70 40 30 30 30 20 15 Fabwic Roof Electrics 'ndows and doors Bathrooms Mechanical system$ Kitchens Boilers Furnlture. Flttlngs and Equlpm•nt DeFxeo'on on Fumiture. Filtin9s ond Equipwnont has been provlded In order to write off th8 Q)st OV8r its expacied U88ILJI lifè on 8 stral9hl line basis. The rale used for tIN"s purpose is 10%. T8xatlon Th¢ ¢haity 55 gx¢mpl from lax on its charitable aclivities. Fund accountlng Unraslrtted fund8 can be used in accordan wllh the charitable obpctives al the discretion ol the irustees. Reslrictad lund8 can onty be used for parlcular stricted purposes within the objecls ol the charity. Restrictions arlse when spoGlfied by tho d¢)T)Dr orwhen funds are r815ed lor PBrticul8r restrlded purposes. Further expl0notn of the npiuro and purpose ol each fund is induded th8 nolas to thè finan¢lal 8lalemenl8. Debtors Tiod& and oth* dÈblor8 arè recconised 8t the setllemenl 8movnl due aftor any trade discount offered. Prepayments aro valued al tho afflount prgpald r1 of any trade thscounts duo. Cash at bank and In hand Cash al bank and cash in harm1 includes cash and short term highty Ilquid Investments with a short MarItY ol thr@È month5 or less from the date ol acqulsition or op6nlng or thè d8POStt or Similar aOunt. Page 12 ¢c•ntinued...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Notos to the Flnanclal Stat•monts- conllnu•d for the Year Ended 31 December 2025 ACCOUNTING POLICIES- contlnued Crèdltors and provlslon8 Creditors and provisions are recognised where th• charfty has a present obligation resulting Irom a past event that will probably result in the sfer of fvnds lo a third party And Iha amount due lo settle the obllgalion can b rn8a5ured or eslimal8d reliatAy_ Creditors and provisions are norrnally recognised at their settlement amount after allowing lor ary trade di8counl$ due. Flnanclal In8trum•nts The charity only has financlal os$ets aTrJ nnancial liabililies of a kind that qualify a8 basic financial instrumènt8. Bas financial instruments are initially recognised at tr8ns8etion v*ue arrtl subsequently measured al their settlemgnl valug Wth the exception of bank loans which are subsequently me8sured al amortised cgst uslng the ÈffèdNe interest melhc4J. INVESTMENT INCOME 2025 2024 InveslmerTrt incorne Dawsil account interest 32.943 646 29,425 33.589 30,019 INCOME FROM CHARITABLE ACTIVITIES 202S 2024 Gross maintenanco ¢ontributTons trom residenis Los$es frorn volds 66.280 2,9S7 64,288 5501 CHARITABLE ACTIVITIES COSTS tNre¢t Costs Isee note 51 Supp costs (see note 61 Totals Houslng A¢tivilYès 40.060 Page 13 continued...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Not to the Flnanclal Statèménts - cont1nd for the Year Ended 310ecember 2025 DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 2024 Rplgs gnd water Insurance Light and heal Repalrs and rnainlenance Garden malntenance Warden call system Christmas gifts Depreaation Loss on sale of assets 2,970 1.734 1,530 9.518 3,771 2,141 480 17,744 172 2,072 2.035 1,270 7,752 3.592 2,800 480 16.800 1,274 37,884 SUPPORT COSTS GoVernCe costs Management Ttst8ls Housing A¢"t3 Supwt CO818, included in the abov8, ar• as lolows.. 202S Housing ActIv5"e$ 2024 Total aclivili¢g Clerk's le8S Charity protection insuranc• Postage, statiOry, advert16ing and telePhe Svndrie5 Subscrlplions Independent ExamInaOrn Tralning 11000 408 236 115 1,332 2,454 11.000 408 628 336 1.090 2,334 236 TRUSTEES, REMUNERATION AND 8EKEFIT8 Ther8 were no Iruslees, remunerallon or other bBnefil8 for Ihe year 8nded 31 December 2025 nor for the year ended 31 December 2024. Tru8tse8' expens There wer& no Iru$t¢e$' 8xpen8e8 pald for the year ended 31 Deber 2025 nor lor th8 yèar ended 31 D8c8mbèr 2024. PagB 14 ontinugd...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Notos to thè Flnan¢lal Statements . contlnued for the Year Ended 31 December 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslridgd Reslrictgd funds hjnd Endosyment fund Total INCOME AND ENDOWMENTS FROM Charltable actlvltlè8 Housing Acb'vilies 63,735 63,735 Inveslmonl Incom8 Total EXPENDITURE ON Charllabl* activltle Housing Activilies Net g8ins on investments 26.584 NET INCOMEIIEXPENDITUREI 87.811 11,389) 68.422 RECONCILIATION OF FUNDS Total funds brou4tt forward 1,143.547 74.283 75,874 1.293.704 TOTAL FUNDS CARRIED FORWARD 1.211.358 75 874 SOCIAL HOUSING ACTIVITIES 2025 2024 Turnover from Swkgl Housing Operatlng cost¥ of Sori81 Housing 62,303 63,735 53 91S Operating surplus and Surplus cfi Soclal HousiNJ activlll¢B 9819 10. SOCIAL HOUSINGGRANT The total historul Soel81 Houslng Grant received for The Hospilal of Sl Thomas Ihg Aposue In CtInSter as al 31st December 2025 amounted lo £126.17012024,' £126,170). Tho full Capttal Grant would 0Y become repaythe if Ihe Amshouses were dlsw)8ed of and Ihe grant was not r8cycl8d. HIs1oral aggregat• amount historl¢ally received 126170 Released hislorl¢ally lo StsleTh?nl ol Financ4al Activitses 126 1701 SorAal Housing Qr8nl Carrying fowdrd Page 15 continu8d...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER NoteB to the Flnanclal Stat•m•nt8 - eontlnu•d for the Year Ended 31 Dg¢gmbgr 2025 11. TANGIBLE FIXED ASSETS Flxtures and thros Housing properbes Totals COST Al 1 January 2025 Addiltons Disposals 733,011 26,174 8,800 741.811 26.174 AI 310oGgmbgr 2025 755 961 DEPRECIATION At 1 January 2025 Chaige foi year Elirninaled disposal 241,743 17,700 8,4SO 43 250,193 17.743 Al 31 Decernber 2025 256 391 NET BOOK VALUE Al 31 Dember 2025 499 570 307 499,877 Al 31 December 2024 491268 491.616 FIXED ASSET INVESTMENT8 Llsled investments MARKET VALUE At 1 January 2025 Addition8 Revaluations 781,079 31,fj49 At 31 December 2025 900 479 NET BOOK VALUE Al 31 Decembei 2025 900 479 Al 31 December 2024 781 079 Thero wère no Inveslment assets outside the UK. Cost or v81ualion at 31 Decwnber 2025 18 represented by.. Ll$tèd Investments Valuallon In 2025 Pag8 16 continued...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Notes to the Flnanclal Stalem•nts . contlnuod for the Year Endvd 31 Oecemb?r 2025 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Contributions in arrears Prepayments 8nd aeeruèd in¢ome 124 425 1.493 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trad8 cr•dllors Olher credit 473 4.093 1S. MOVEMENT IN FUNDS Nèt rnovemenl In funds Transfers beiweon funds Al 31.12.25 Al 1.1.25 Unr¢8trl¢tsd funds General fun(J Propety fund Extraordinary Repaits lund Cycli¢al Repairs a Malnlenance fund Investment revaluation fuw¥J 92,321 278,267 517.928 6,203 316.639 224 21,041 19,3SO 62 18501 91.695 299,308 538.128 6,285 850 1.211.3S8 128,528 1.339.886 R•strl¢tèd fund5 Hou3ing Propgrty lund 71894 11.3891 71,505 Endowmgnt fund8 Endowmenl fun¢J 75.874 75.874 TOTAL FUNDS 1360128 127139 1487 265 Page 17 nllnued.,.
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Notes to the Flnanclal Ststsmgnts- contlnued foT the Year Ended 310pcember 2025 15. MOVEME IN FUNDS- contlnued Nèt movement in funds, included in the al¥¢ foJlow8'. IomIng iesources Resources expended Gains and losses Movernenl in funds Unrestrlcted fund8 General fund Propety fund E¥lraordinary Repairs fund Cyclicel Repairs & Malntenance fund Investment revalUaOn fund 65,130 11.360 19,350 62 184.9061 9,691 224 21,041 19,350 95,892 155,2151 87.851 128,528 Restrfcted funds Housing Prcyerty fd 11,3891 11,3891 TOTAL FUNDS 56 6041 127139 Comparatlvo¥ for Movement In funds Nat movement In funds Transfers beeen lunds Al 31.12.24 A11.1,24 Unr•8trlctèd fund$ General fund Propety ftjnd Extraordin8ry Repairs fund Cyclical Repai15 & Mallllenan fund Investment revBluation fund 87.945 259,476 499.931 6.141 290,054 5.226 18,791 17,147 62 2S,585 les01 92,321 278,267 517,928 6.203 318.839 850 1.143,547 67.811 1,211,358 Restrlcted lunf18 Houslng Prq)erty fund 74,2e3 11.3691 72.894 Endowm•nt funds Endowment tund 75,874 75,e74 TOTAL FUNDS 1,293.704 66.422 1,360,126 Page 18 continued...
THE HOSPITAL OF ST THOMAS THE APC>STLE IN DONCASTER Nots¥ to the FlnY4nclal Stalem8nts. eontlnued for tho Year Ended 31 December 2025 16. MOVEMENT IN FUNDS- contlnued Cotnpaialivg mvemenl in funds, included in th8 above are 88 follow8.. Incoming r8sourc&8 Resources èxpended Galns and sses Movement in funds Unrestrtcted lunds General lund Propety lund Extraordinary Rèpair8 fund Cydical Repair8 & Maintenance fuThJ Investment revaluation fund 66.468 10.076 17.147 62 IS1,242) 8.715 5,226 18,791 17.147 62 26.585 26.585 93,753 152,5271 26.565 87,811 Re¥trlctsd fund8 Housing Prop&rty fund 11,3891 11,3891 TOTAL FUNDS 66,422 Property Fund Thls represents the proportion of the tost of properlies vthich was finaed ty charitable donations and the ChaiitVs own resources. In the year capitalised experKJiturè on houslng propertie& has been transferre(I to this fund and depreciation has been transferred from thls fund, Cy¢ll¢al Malntgnance Fund Thi5 bjnd represents amounts s8t 85idè for wdi¢81 Maintenan lo meet wsl$ in ex¢es$ of budgeted exp•n¢Jilure for any year. Extraordlnary Repalrs Fund Thls represents atnounts sel aside to carry out future rnalor rep8lr8 to Housing Properties, Inv&stment Revaluatlon Reserv This represènts the diffe[en belween the market value and cost of investments Hou8lng Property Fund This represents the soaal h(NJslng grant rÈ¢Èlved from the Houslry CoiporalK>n for property improvements lo the Almshouses since 1986. DePre¢Sati on housing pertIeS is charged lo this fund over tho life ol the componenls ol Ihe bullding. End¢)wment Fund This r8pr88ènts the permanent endowments of Ihe Charity, th? Income ol vA)ich Is to be applied fot the general purposes and objects ol the Ch8rity, Pag8 19 ¢on*'nued...
THE HOSPITAL OF ST THOMAS THE APOSTLE IN DONCASTER Noiès to the Flnanclal Statements- contlnued for the Ygar Ended 3108cember 2025 16. RELATED PARTY DISCLOSURES There were no r8lated paity transacthons for the year ended 31 Dember 2ts25. 17. UNITS IN MANAGEMENT The ChaTity had 15 lts in Management during lh8 year.12024'. 151. There wgio no a¢quldllon8 or dI8posals in the year. Pago 20
THE HOSPITAL OF 8T THOMAS THE APOSTLE IN DONCASTER Detalled Statsrnent of Flnanclal Actlvltle$ for tho Yaar Ended 31 December 2025 2025 2024 INCOME AND ENDOWMENT8 Investment Incom• Investment income Deposit aco)unt intere81 s2,3 646 29,426 594 33,589 30,019 Charltable actlvltses Hou8ing a¢livllies Voids 65,260 84,285 5SO 62,303 63.735 Total Incomlng Yeur¢0 95.892 93.754 EXPENDITURE Charltable actlvltles Rates ond water Insurance Light and hoal Repairs and mabnlenance Garden maintenance Warden call system Christrnas gifts Depiecialion of housing prcwerb.es Fixtures and fittiThJs L05s on thsposal ol houslng components 2.970 1,734 1,530 9,518 3,771 2,141 480 17.700 44 172 2,072 2,035 1,279 7,752 3.592 2,600 480 16,756 40.060 37,884 Support coats Management Clerk's lees Charfly wot¢¢tion insurallco PoÈtagtt. stationery. adverttslng and telephone Sundries Subscriptions 12,000 408 235 115 1,332 11,OCK) 628 336 1,090 14,090 13.482 Governance eosts Independent Exarninallon TrainiThJ 2A54 236 2.570 Toial rosourcèg éxpended 66,604 Not Income This pagè d¢$ not form part ol the slalutory financial 81atemen18 Page 21