Charity Registration No.. 239965
Brabin's Almshouses
Accounts
For The Period Ended
31 March 2022
fimha
MOORE & SMALLEY

BRABIN'S ALMSHOUSES
CONTENTS
Charity Details
Trustee's Report
Independent Examiner's Report
Receipts and Payments Account
Statement of Assets and Liabilities
Notes lo the Receipts and Payments Account
Page 1

BRABIN'S ALMSHOUSES
CHARITY DETAILS
Trustees
Ms G K Bailey- Chair
Mr G Erdozain
Dr T H Ballard- (Appointed 20 January 20221
Mr D R Urie (Appointed 19 April 20211
Mr P W Smith
Mr M O'Hara (Resigned)
Mr D Slaler
Mr P Morris
Ms D France
Charity names Iregistration
numbers}
Brabin's Almshouses12399651
Brabin's Educational Foundation1239965-11
Registered office
21 Kirklands
Chipping
Preston
PR3 2GN
Independent examiner
Nicola Mason FCA, DChA
MHA Moore and Smalley
Richard House
9 Winckley Square
Preston
PR1 3HP
Bankers
HSBC
49A Fishergate
Preston
PR18BH
Page 2

BRABIN'S ALMSHOUSES
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The Iruslees present their report and accounts for the period ended 31 March 2022, which have been prepared on
a receipts and payments basis. The financial statements have been prepared in accordance with the charity's
constitution and applicable law.
Structure, governance and management
Brabin's Almhouses has a linked charity, Brabin's Educational Foundation.
The Trusts were founded by the will of John Brabin dated the April 1683 and comprised in a scheme made
under the Endowed Schools Acts on the 2Ph November 1878 as varied by a Scheme of the Charity
Commissioners of the 30th November 1961.
The Trusts are currently regulated by a Scheme of The Charity Commissioners For England and Wales dated the
10th June 1976.
The Charities were formally linked as from 1st April 2018 confimied by a letter dated 2￿ March 2019 from the
Charity Commission of England and Wales addressed lo the Chaimian of the Charib"es.
The Trustees should consist of eight competent persons being four Nominative Trustees and four Co-optative
Trustees.
The Nominative Trustees are appointed as ft)Ilows.'_ One by the Parish Council of Thornley-wilh Wheadey, Two by
the Parish Council of Chipping and One by the Parish Council of 8ovAand-with-Leagram.
The Trustees who have held office during the year and since the year end are shown on page 2.
Oblectlves and actlvltles
The accounts include the results of both Brabin's Almshouses and the linked charity Brabin's Educational
Foundation.
Purposes of the charity Iper governing document and partially set out below) and the main activities undertaken
in ￿latiOn to those purposes are detailed in the attached accounts.
The trustees have had regard to the Charity Commission guidan￿ on public benefit.
To provide financial help and support to poor persons and the general community in the parishes of Chipping,
Thornley with Wheatley and Leagram with Bowland. To maintain the almshouses and provide
accommodation for poor persons of good character.
Purposes of schools for boys, girls and infants. Provision of prizes or rewards for pupils,. scholarships tenable in
the boys, or girls, school,. exhibitions for higher education., provision of technical instruction or industrial training
in connection with the schools. For further details see scheme of 10 June 1976.
Achievements and performance
Grants have been made in the year in line with the charity objects as per note 4 to the accounts.
Page 3

BRABIN'S ALMSHOUSES
TRUSTEE'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Financial review
Income for the year before sale of investments was £51,621 12021 £47,500). Of this £11,946 {2021 £12,218) has
been paid as grants in the year. Net receipts for the year were £23,16212021 Nel payments £103,506).
The policy of the trustees in recent years has been to fund ils activib'es out of income. Consideration will now be
given to establishing a reserve for future repairs and maintenance of the properties of the Trusts.
An unusually large withdrawal was made from the investment funds in the year. This was lo pay for eX￿ptIOnal
and extensive repairs to Brabin's shop, a historic propety.
In view of the level of income the charity has prepared these accounts on the receipts and payments basis,
summarising all money received or paid by the charity during the year. A statement giving details of the assets
and liabilib.es at the end of the year is provided on page 6.
This report was approved by the Trustees on1410112023
and signed on their behalf.
CY
s G K Bailey- Chair
Page 4

BRABIN'S ALMSHOUSES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEESIMEMBERS
I report to the charity Iruslees on my examination of the accounts of the charity for the period ended 31 March
2022 which are set out on pages 6 10 9.
Responsibilities and basis of report
As the charity's Iruslees you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 I'the Act'i.
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in
carrying out my examination I have followed all the applicable Directions given by the Charity Commission
under section 14515llbl of the Act.
Independent Examiner's Ststement
I have completed my examination. I confirm that no material mallers have come to my allenlion in connection
with the examination giving me cause to believe that in any material respect..
aecounting records were not kept in respect of the charity as required by section 130 of the Act., or
the accounts do not accord with those records," or
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
Nicola Mason FCA, DChA
MHA Moore and Smalley
Chartered Accountants
Preston
Dale..
2610112023
Page 5

BRABIN'S ALMSHOUSES
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Unrestricted
funds
Restricted
2022
2021
funds Total funds Total fund$
Note
Recelpts
Rental income
Investment income
Contributions to Almshouses Repairs
Mortgage repayments
Donation
27,558
4,816
3,751
3,701
5,544
2,550
33,102
7,366
3,751
7,402
35,434
6,718
2,864
2,468
16
3,701
39.826
11.795
51,621
47,500
Asset and investment sales
49,645
67,786
117,431
123,438
Total receipts
89.471
79.581
169,052
170,938
Payments
Grants issued
Insurance
Secretary's fees
Hire of meèting hall
Stockbroker fees
Professional charges
Repairs to Almshouses & properties
Educational Grants
Sundry expenses
Mortgage
11,946
11,946
3,720
1,000
13,525
1,849
1,000
48
4,515
3,102
73,805
6,000
3,720
500
500
2,137
627
88,528
1,690
827
3,827
1,254
88,528
4,250
157
4,250
157
70,500
95,669
19,013
114,682
174,344
Asset and investment pureha$es
7,975
23,233
31,208
100,100
Total paymonts
103.644
42.246
145,890
274,444
Net receiptsllpayments) for the year
114,1731
37,335
23,162
1103,5061
Transfers between funds
Cash funds brought forward at 1 April 2020
153.326
{84.394}
68,932
172,438
Cash funds carrled fO￿ard at 31 March 2021
139,153
{47,059}
92,094
68,932
Page 6

BRABIN'S ALMSHOUSES
STATEMENT OF ASSETS AND LIABILITIES
AS AT 31 MARCH 2022
Unrestricted
funds
Restricted
funds
2022
Total
2021
Total
Note
Cash funds
Current account
Deposit account
Stockbrokers deposit account
138,163
28
962
{48,6631
28
1,576
89,500
56
2,538
58,849
56
10,027
Total funds per receipts and payments
account
139,153
{47,059)
92,094
68,932
Investment assets
Investment portrolio
Mortgage debtor
174.321
30.315
129.429
30.315
303,750
60,630
372,370
68,032
Assets retained for the charity's own
use
Almshouses
(Windy Slreelllper
valuation February 20191
14, 16,18,20 Club Row (per valuation February
2019}
Wallerclough Farm
February 20171
Bridge Cottage
Residuary Freehold of 7 Flats al 33 Kirklands
Post office and craft centre lat January 2019
valualionl
Improvements al cost
Brabins School lat June 2017 valuation)
200,000
200,000
200,000
600,000
600,000
600,000
Iper
valuation
450,000
225,000
150
450,000
450,000
150
150,000
150
150,000
150,000
17,848
487,500
17,848
487,500
17,848
487,500
Total assets retained for the charity's own use
1.475.150
655.348
1.905,498
1,905,498
Liabilities
Rental deposits received re. Club Row
11,2301
11,230)
{1,230)
Declaration
The receipts and payments account for the financial period ended on 31 March 2022 and the statement of assets
and liabilities at that date are approved by the Trustees.
For and on behalf of the Trustees..
Ms G K Bailey- Chair
1410112023
Dale".
Page 7

BRABIN'S ALMSHOUSES
NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies
These accounts have been prepared on the receipts and payments basis. Expenditure is inclusive of
VAT.
Trustees
No remuneration or other benefits were paid to the charity s trustees or people connected with them.
Reimbursed expenses for out of pocket expenditure is disclosed on the face of the receipts and payments
aceounL
Rental income
Unrestricted
funds
Restricted
funds
2022
Total
2021
Total
Farm rents
Club Row rents
Post office and craft ￿ntre
7,000
20,558
7.000
20.558
7,000
23,352
5,082
5,544
27,558
5,544
33,102
35,434
Grants paid
Unrestricted
funds
Restricted
funds
2022
Total
2021
Total
Brabin's Lunch Club
Brabins Endowed School
Sl Mary s R C School
Brabin's Pre School
518
8,000
4,007
1,000
8,000
3,946
8,000
11.946
11.946
13,525
Page 8

BRABIN'S ALMSHOUSES
NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDEO 31 MARCH 2022
Investments
Listed investments
Restricted
2022
funds
Total
Unrestricted
funds
2021
Total
Market value at 1 April 2021
207,975
164,395
372,370
326,482
Additions al cost
Disposals al market value
Gainslllossesl on revaluation
7,975
149,6451
8,016
23,233
167,7861
9,587
31,208
117,431
17,603
100,100
1123,4381
69,226
Market value at 31 March 2022
174,321
129,429
303,750
372,370
Funds
Balance
blfwd at 1
April 2021
Balance
clfvid at 31
Transfers March 2022
Receipts
Payments
Unrestricted funds
Non-educational fund
153.326
89,471
1103,644}
139.153
Restricted funds
Educational fund
{84.394)
79,581
142,2461
147,0591
68,932
169,052
1145,890)
92,094
Page 9