2025-03-31-accounts - Charity Of John Scott

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Charity of John Scott

Charity number 239895

Annual Report and Financial Statements

for the year ended 31 March 2025

Charity of John Scott

Annual Report and Financial Statements for the year ended 31 March 2025

Contents	Page
Trustees' report	2 to 3
Examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notes to the accounts	7 to 10

Prepared by West Yorkshire Community Accountancy Service CIO

Charity of John Scott

Trustees' report for the year ended 31 March 2025

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Revd. Christopher Buckley Suzanne Wildridge Judith Davies

Charity number 239895 Registered in England and Wales Registered and principal address Bankers Mulberry PM Ltd Lloyds Bank plc 11 Walmgate 16 Market Place York Oldham Y01 9TX OL1 1JG

Independent examiner

Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity was registered on 15 February 1965 and is governed by a scheme adopted on 28 July 1976.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the trustees at a duly convened meeting.

Charity of John Scott

Trustees' report (continued) for the year ended 31 March 2025

Objectives and activities

The charity's objects

Almshouses for poor persons of good character who are not less than 50 years of age. The benefit of the Almspeople as the trustees think fit.

The charity's main activities

Running ten Almshouses - Low rental housing from the John Scott bequest.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

The charity provides low cost housing to those in need. 9 Almshouses are occupied at the year end. We continue to work on upgrading the properties and are working on a garden makeover.

Financial review

The net income for the year was £26,463, all relating to unrestricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £31,144.

The charity does not have a reserves policy.

Approved by the board of trustees on 30/1/2026

Revd. Christopher Buckley (Trustee)

Charity of John Scott

Independent examiner's report to the trustees of Charity of John Scott

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025, which are set out on pages 5 to 10.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Rhys North ACA

30/1/2026

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Charity of John Scott

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2025

Income from: Charitable rental income Investment income Other income Total income Expenditure on: Repairs, maintenance and renovations Grounds and garden maintenance Utilities Insurance Agent fees Council Tax for Empty Houses Surveys Memberships and subscriptions Sundries Independent examination IT consumables and software Total expenditure Net gains/(losses) on investments Net income / (expenditure) Fund balances brought forward Fund balances carried forward	2025 Total funds £ 51,788 816 1,364 53,968 14,214 4,417 838 2,045 5,318 46 - 912 404 792 - 28,986 1,481 26,463 66,587 93,050	2024 Total funds £ 50,110 1,210 - 51,320 110,726 3,909 1,879 1,381 5,318 12 1,320 378 206 792 334 126,255 (237) (75,172) 141,759 66,587

All incoming resources and resources expended derive from continuing activities.

Charity of John Scott

Balance sheet

as at 31 March 2025 Notes Fixed assets Tangible assets (2) Investments (3) Total fixed assets Current assets Debtors and prepayments (4) Cash at bank and in hand (5) Total current assets Current liabilities: amounts falling due within one year Creditors and accruals (6) Total current liabilities Net current assets / (liabilities) Net assets Funds Unrestricted funds Restricted funds Total funds	2025 Total £ 30,847 31,059 61,906 1,363 34,555 35,918 4,774 4,774 31,144 93,050 93,050 - 93,050	2024 Total £ 30,847 29,578 60,425 460 9,425 9,885 3,723 3,723 6,162 66,587 66,587 - 66,587

The financial statements were approved by the board of trustees on 30/1/2026

Revd. Christopher Buckley (Trustee)

Notes to the accounts

Charity of John Scott

for the year ended 31 March 2025

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Investments

Investments are stated at market value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:

Ten Almshouses at 1-10 Middleton Road, Leeds: The freehold property is shown at cost less any provision for impairment. No depreciation is charged on the basis that the residual value is at least equal to the stated cost.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Charity of John Scott

Notes to the accounts continued

for the year ended 31 March 2025

2 3 4 5 6	Tangible assets Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for year At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024 Fixed assets investments Balance b/f Additions (Disposals) Gain / (loss) on revaluation Income generated (Income transferred out) Total Debtors and prepayments Debtors Prepayments Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Rents received in advance Accruals	£ 30,847 - 30,847 - - - 30,847 30,847 2025 Total £ 29,578 - - 1,481 560 - 31,059 2025 £ 875 488 1,363 2025 £ 34,555 - 34,555 2025 £ 3,487 495 792 4,774 Freehold land and buildings	Total £ 30,847 - 30,847 - - - 30,847 30,847 2024 Total £ 89,222 - (60,000) (237) 1,132 (539) 29,578 2024 £ 460 460 2024 £ 9,425 - 9,425 2024 £ 2,006 925 792 3,723

Charity of John Scott

Notes to the accounts continued for the year ended 31 March 2025

7 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Charity of John Scott

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2025

2025 2024 Unrestricted Unrestricted funds funds £ £ Income Charitable rental income 51,788 50,110 Investment income 816 1,210 Other income 1,364 - Total income 53,968 51,320 Expenditure Repairs, maintenance & renovations 14,214 33,713 Grounds and garden maintenance 4,417 3,909 Utilities 838 1,879 Insurance 2,045 1,381 Agent fees 5,318 5,318 Council Tax for Empty Houses 46 12 Surveys - 1,320 Memberships and subscriptions 912 378 Sundries 404 206 Independent examination 792 792 IT consumables and software - 334 Total expenditure 28,986 49,242 Net gains/(losses) on investments 1,481 (237) Net income / (expenditure) 26,463 1,841 Fund balances brought forward 66,587 64,746 Fund balances carried forward 93,050 66,587	2025 Restricted funds £ - - - - - - - - - - - - - - - - - - - -	2024 Restricted funds £ - - - - 77,013 - - - - - - - - - - 77,013 - (77,013) 77,013 -	2025 Total funds £ 51,788 816 1,364 53,968 14,214 4,417 838 2,045 5,318 46 - 912 404 792 - 28,986 1,481 26,463 66,587 93,050	2024 Total funds £ 50,110 1,210 - 51,320 110,726 3,909 1,879 1,381 5,318 12 1,320 378 206 792 334 126,255 (237) (75,172) 141,759 66,587