**Bethany Home Trust Limited** 

## **Report of the Trustees** 

## **for the year Ended 30[th] April 2025** 

The trustees who are also directors of the charity for the purpose of the Companies Act 2006  present their report with financial statements of the charity for the year ended 30 April 2025 The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Standard applicable in UK and Republic of Ireland (FRS 102) (effective 1[st] January 2015). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The Trust Deed defines the Objects of the charity as; “to found, provide, build, run and maintain homes, houses, hostels or accommodation for the residence and use by the care of old infirm persons recommended to the Trustees”…. “such persons to be of good report and of Christian Character” 

These objectives are met through the provision of 10 low-rent Almshouses at Dingle Court, Bristol BS13 7AU 

The relevant Charity Commission Classifications are: 107 - Accommodation/ Housing 202 - Elderly/ Old People 203 - People with a Disability/ Special Needs 305 - Providing buildings Facilities/ Open Space 

## **Significant activities** 

The charity exists to provide clear benefits to its residents by the provision of housing and the fostering of a sense of community and mutual support. Where possible, the trustees appoint one resident to provide contact between the Trustees and residents, They are known as the Responsible Tenant. 

Trustees are in advanced stages of negotiations with a group who have expressed an interest in becoming trustees/director. 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

During the year, the charity has provided housing, community, stability and encouragement to 11 people in 10 self- contained residences at Dingle Court. 

## **FINANCIAL MATTERS** 

The charity accounts for May 2024 to April 2025 show a Surplus of £2,852.00. 

## **Financial position** 

The charity’s mandatory reserve position continues to be very healthy and thee trustee is confident that the continuing financial stability of the charity is secured by the 2025/2026 Budget, adopted at a Trustees meeting held in May 2025 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing documents** 

The charity is controlled by its governing document, a deed of trust. The Trust is a limited company, limited by guarantee as defined by the Companies Act 2006. 

The charity is established and controlled by its governing document, a deed of trust.  The trustee is a limited company, limited by guarantee, as defined by the Companies Act 2006. 

## **Recruitment of Management Company** 

The trustees decided in 2023 that due to the low number of directors and that all current directors have full time employment, we would take on a management company to take over the day to day running of the charity’s maintenance and Secretarial duties of the Company. SWR were appointed on 01/09/2023 so have now been working with us for over 2 years now and we are happy for this arrangement to continue. 



## **Company Details** 

SWR The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW Appointed on: 01/09/2023 

## **Recruitment and appointment of possible new directors** 

The number of trustee’s are still not where we would like them to be so we are currently looking to appoint new Directors, individuals who share the aims of the charity and who, will be attending trustee meetings as observers, once they are happy and have decided to serve as directors of the trust. The current directors will check references, carry out an interview and if they are found to be suitable to be appointed as directors we will look appoint them as soon as possible. 

## **Induction and training of new trustees** 

The Almshouse Association holds a number of seminars each year which are made available to all Directors of the Trust to attend. New Directors in particular are encouraged to attend the annual seminar for new trustees.  The Trust does not have a bespoke training course for new Trustees, but they quickly become informed of the issues by means of discussion at Trustees meetings and between meetings by email and personal contact. 

## **The Trustee’s plans for the forthcoming period** 

The Trust continues the updating of the Rules of Reference, Application Form and Letter of Offer.  The Trustee notes the tendency for elderly people to remain independent for longer, and as a result over a number of years the waiting list has become gradually shorter.  The Trustee is fully aware of this and is actively considering its implications. 

The trustee’s had appointed a surveyor to carry out inspection, and a fire risk assessor to report on any work needed to maintain the high standards of the property and safety of the tenants. The outcome of these have been taken on by the new Management Company SWR, who are currently in the process of fulfilling the requirements of these reports. The trustees are continuing to improve flats to a high standard to meet our tenants requirements. 

## **Financial Risk Management** 

The Trustee acknowledges its duty to identify and review the financial risk to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.  The Trustee has to this end agreed Financial Procedures which are operated by the Treasurer on behalf of the trust. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Registered Company number 09548579 Registered Charity number 244329 

## **Registered office** 

The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW 

## **Trustees Directors** 

Mr Kelvin Stone Dr Pam Cairns Mr Gary Holister Mrs Ruth Taylor 

Appointed 12/01/2022 Appointed 16/03/2022 Appointed 26/04/2023 Appointed 25/03/2025 

## **Company Secretary** 

SWR The Stables, Hortham Farm, Hortham Lane, Almondsbury Bristol, BS32 4JW 

Appointed 01/09/2023 



## **Independent examiner** 

Dilipkumar Patel FCA ICAEW Wormald & Partners Brunel House, Clifton Down Clifton Bristol BS8 3NG 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2008 relating to small companies. 

Approved by order of the board of trustees and signed on its behalf by: Kelvin Stone 

Signed: 




REGISTERED CHARITY NUMBER: 244329
ort of the frusfÈè and
Unaudlted Flnan¢lal
atements
for
Hom¢ Charll
Yvormatd & Pather5
Chartered AccouDlant5
Brun61 Houso
11 The P¥omenade
Cllftoh Down
Bri5101
BS6 3NG

om
50fth
eYearE
nclal S
30A
menls
ort
2025
Pag•
Report olthe TTUStee
Independent Examln•¢s R¢port
Statement of Flnancial Aetivtties
9alon¢e Shgpt
Notos to thé Flnanclal Statements
6 to 10
D•tall¢d Stat8m8llt of Flnanclal A¢¢ivitieB
11

Bgtban
ome Ch
h8 Trus
ded 30
ee
120
Y the Yea
The dliectot5 of thè curpoTate trustee of Ihc chatity pre5entth8ir report with Ihe ffinanctal statements 011h8 charity forthe yèar
gnded 30 ApF412025. Th8 ITU51ee dlre¢tors hovg adoplEd tho provisiDns of AccouTrlin9 and Reporting by Charflle8'. St￿lemen1
of Recommended Practic8 8pplicable to charilies pieparing Iheir accO￿lIS in accord8n1￿ wbu) the Flnan(xal Reporling
Slandaid appli¢2ble in tho UK and Republic of Ir81ond IFRS 102118ff8CtIvo 1 January 20191.
OBJECTIVES AND ACTIVITIES
Oblectlv85 and 05ms
Th8 Trust Degd ddines Ihe Objeots of Ihe chaTrty 85.. "to found. provid8, build, run and malntain homes. hou$88. Iy)9t6ls or
accornmodalion lor Ihg re$id8nce and use by and th8 carè ol old ar￿ infitm persons recommend8d lo tho Trusle8'... "Such
pErsons to be of good report and of Chri5tlan Characterf,.
Th￿ objectives ale m81 through tho proylsion of 10 low rentalmhouses at Dingle Court, Bristol 8S13 7AU.
The relevanl Charity Commission Classlficalons afQ'.
107- AccommodaDon l Howing
202- Eldarly l Old Peoplo
203- Peop18 Wlth a Dlsabillty I Special Need$
305- Providing Buihjlngs Fa¢S11l￿8 l Open Spacg
Slgnin¢ant actlvltles
ch8ri1y exists to provide dear benefits to its residents by the PfOVi8ion of l)ousinB and the fD51ering of a sense of
commuiilty and mutual support. Where pos$lble. the Trustee appoints one re51denl to provlde contact between the T¥usto8
nd residents. They 8re known as the Responslble Tenant.
ACHIEVEMÉNTS AND PERFORMANCE
Charitabl# a¢tlvltles
During th8 yaar, th8 charity h89 pTovwJod housing. (￿mmurdty, statrmlity and •ncourngement to It peoF16 in 10 self-conlainod
re$ldenc8s at Dlnglè Court.
FINANCIAL REVIEW
Flnan¢lal posltlon
Ihts charEly ateounts lor 2024125 show a surplus of £2,852.
The Charitys mandatory reserves position ¢ontlnuas to be very healthy s￿d the Trustee Is ¢onf4dent that the coTrUnulng
financlal 8t8bility ol the ¢harsty 15 by the 2025126 Budget.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governlng documght
Ibe charity is established and CDnlmllÉ￿ by ts Tfust Deed, dated 10 August 1965 plus 8 Scho￿* amèndment. dat￿ 1st
June 2016. It CDnstilu1&3 an unincoiporaled charty-
Recrultment and appolntment of now tru$lee dlrectors
No 41r￿￿OrS T051gnEd In Ilie year, and Iho trustee dkettors continue to look for a￿di￿Onal rfiiectors to ¢ompl8ment
the exlstlng team.
Inductlon and Iralnlng of new Iru$tsa dlro¢tors
The Altnhou5e Association holds A number of sernin*s each year which are made avalabta lo all Trustee direcioTS (o attend.
New TTustsg diro¢lors in particular are atso encouragod lo atteThJ thè gr￿U•l seminar for ngw Tnjsteo director8. The Tru51
does not have a bespoke t￿l￿1ng Ix)ur6e for n8w Tru5teB, bul they qul¢kty become inlomied of the Issues by rn88ns of
d15CUS8ton al Trustse meellllg¥ and between mee￿￿￿5 by em311 and peT801ial cont4ci.
The Trustee's plans forthg forth¢omlno perlod
The Irustee dlreGlors continue the updallng of Charity Tru8te9 documentatlon. In Iln8 With Almshouse guidance. The
dlr8ctor8 aro b)oking to S8t out a fiv&year [￿&￿eral ￿an lor malorworks to be Carried out 8t Dingl8 Court.
Financial risk management
Th& Tru9t@e acknowladg&3 ils duty lo Idontify and roviow lfie finanoal risks to wh￿h the charity is •xposed alld (0 8n$Ufè
appropriale controls are In place to provide reasollable assuiance against fraud and error. The Trustee has to th15 end
&greed F¢nancial Proc£duE8S. which ale op8rat8d by Ihe Treasur8r lor Interim Treasurerl on behalf ol Ihe Tru8le8.
Pag8 1

charl
Rg
ort of thè Tru
tee
ear Ended 30 A rll 20
REFERENCE AND ADMINISTRATIVE DETAILS
Reglst•red Charlty numb
244329
PrlncFpal addrF5S
SW Relocations Limited
Tha Slables Hortham Farm Horlham Lan8
moiid$bury
Bristo5
BS32 4JW
Trustee
Bethany Home TNstee Llmlted
Independent Examlner
Dlllpkumar Patel FCA
Wormald & PaTineT5
ChsilBred Accountonts
BTunel House
11 The Prom8n2dg
Clifion Down
8ristol
BS8 3NG
2?/9 i /zc?z6
Approved by (Kd8rof Ihe board of Irustge o¥E.............. ...
and s￿ned on Its behalf by..
stonè. Twste
Pag8 2

mln?rfs Re
Bethan
Home Charl
Truste8
Independent eKamlno*s report to the trust0e ol Béth&ny Home Charlty
I repgrl tD the chaiity tnJst8e on my examination of thg 8Gcounls of Bèthany Home Charity thè year ended JO April 2025.
Responslbllltlès and bas1$ of reporl
As Ihe charity trustae ol the Trust you are tesponslble for thg prgpaTatlon of the ac¢ounl8 In accord8t￿* with th8
r8quit8fflen15 of the Charities Act 2011 lryhe Acri.
I report In r8spect ol Fny examlngllon of the Charills accounls carried out under Sectlon 145 of Act 8niJ in carrying out
my 8xamin8bon I have f(Alowgd all applicablè Difections given by tha Ch8r¢ty Commission undar Sèction 14515llbl ol Act.
Independent oxamin¢V$ $tat8m8nt
I hav8 completed my oxaminallon. I confirm Ihal no mate¥ial malt8rs havé ¢om• to my attenl¢on in Lvnnfjclio￿ with the
8xamlnation givmig me Cause lo bdieve that In any materfal respoc¢'.
accovn￿n9 iecords wcrc not kept in respecl of th8 TTU51as tequiyed by SÈ¢llon 130 of th8 Act- OF
th8 accounts do not accord with those records,. or
the accounts do not comply with opplicable requirement8 concèrning the form and cont8nl of accounis set out in
th8 Chaithes {A¢￿￿ntS and Reports) Regulations 2QOB Dthor Ihan any requlremenl that the accounts give a true aNJ
foir ￿e￿ which 15 FLOI a matter considefed as part of on Hidependent exatRlnatsvH.
I have no concemÈ and havg Come across Dther matters in ¢onnection with Ihe examlnatoon to which attentK)n shuukl be
drawn In th18 r8POrt In order Its enable 8 proper underst8ndlng of thg accounts lo be reached.
Dilipkumar Patel FCA
Wormald & PartnerB
Charler8d Accountants
Brunel House
11 Tho Prom8nade
Clifton Oo
8S8 3NG
Oate..
Pagè 3

8etha
. Chall
t temènt of Financlal
or the Year Ended
ctlvl¢l
2025
Total
fvnds
2024
Total
fvsnds
Unr951ri¢led
fund
Designat8d
funds
Not85
INCOME ANI) ENI)OWMENTS FROM
Olh•r tradlng a¢￿v511&S
InvestmEnt Income
49,912
4.08
49.912
4.088
45,152
3.962
Total
EXPENDITURE ON
Charitablg aclivit18S
Services
24,685
24,885
21.901
Other
20,903
26 461
31,270
Total
45.58B
5.558
51.146
53.171
NET INCOMEIIEXPENDITURe}
8,412
15,5581
2,854
(4,0571
RECONCIUATION OF FUNDS
To181 fund8 brrwht forward
31,842
127,080
158,902
162,959
TOTAL FUNOS CARRIED FORWARD
40,254
181,75e
158,￿2
The noles form part ol Ihese frnand4 $talements
Page 4

?Cha
Balan
30
e Sheet
2025
Total
funds
2024
Tolal
funds
Unrastrlcted
fun¢J
De31gnated
fijnds
Notes
FIXED ASSETS
T8ngiblo assets
75.674
49.136
124.810
124.810
CURRENT ASSETS
Debtot5
Cash 8t bank
2.836
111,274
4.112
39.203
72,071
42.039
72.071
114,110
111,508
CREDITORS
Amounts f811ing duè ￿t￿n ona y
13,6f21
295
13,3171
12,5821
NETCURREIIT ASSETS
38,427
108.926
TOTAL ASSEIS LESS CURRENT LIABILITIES
114.101
121.502
235.603
233.736
CREDITORS
Amounts faltsng due aller more than on8 year
173,8471
173,8471
174.8341
NET ASSETS
121,502
161756
FUNDS
Unrestricted
D8signated lunds..
Prop8rty equily fund
Cycilical rnalntenan¢e lund
Extraordinary repair8 fvThJ
40,254
31,842
48,097
12,258
81,147
48,Q97
17,818
61,147
121,5U2
TOTAL FUNDS
161,756
168,902
The
Inanclal s
aiaments were approved by the Board ol Truslaè thr8ctors and oulhork8ed lor I￿u0 on
. and were signed on Its beh￿f by..
Stone- Tnfrslee
Mr G Hojis
tor
The note8 fortll part of th?¥? finanoal 8tglem8nts
P8g& 5

Homp
Notes t
Flnaneial Statemen
Ended 30
ea
ACCOUNTING POLICES
Bads of prepmrlng lh• Ilnancial 51al8ment5
The financial statèmerrts of Ihe charity. whiGh is 8 public benefit entity under FRS 102, have been prepared in
a￿OrdanCe wilh Ihe Charities SORP IFRS 1021 Accounting and Reporting by ChaAb'8s.' Slalemenl of
Recommended PractiG8 appIIc8bl8 to chariiies preparing their accoullts In a￿OrdanCE wlh the FSnan¢lal R8POrting
Siandaril Applicablè in the UK and Republic of Ireland IFRS 1021 leff8ctiv8 1 J8Thuary 20191,, Financial R8POrtin
Standard 102 'Th& Flnanclal Reporting Standard appllc8blg in tho UK and Repuulc of ITeland' and the Chaiitie8 Act
2011. Th8 fjnanc4al sla18ments have btrefi prepared undèr the hi$lori¢al cosl convention.
Income
l incom8 Is rècoofiised in th8 Statamènl of Financial Acliwtie8 onrk lh8 charity frfttillemenl lo lh8 funds, It 58
probaNe that the inc4Me wim b8 received and the amoulkt can be tnt>asured rel¥ably.
ExpendSlure
Llabllilles aro recogTri5ed as expendliure as Boon as Ihere is 8 18gal Dr constwctnie obllgatlcn commtttlng th￿harity
to thJt exp8nditure. il is wob2b18 Ihat a transfer ol economic bengfi15 will be required in selilemenl and the awnount of
(he DblSgHIlo￿ b6 measured reliabty. Expenditure Is accounted for on an accrua18 basis and has bgan ¢1885ifled
under headings that aggregate all cost related to the ¢alegory. Whwe costs cannot b8 dirécily altributed lo pgrticular
hgadings they have been ollocaled to gdivities on o bas18 conslstent wllh the us6 of r8sources.
Tanglble fix8d assets
No deprgclatlon Is charged on th8 freehold p¥operty as its eslirnated useful eoonomlc lifo exceeds 50 yew8 8nd any
doprocialioTh chArgsd would be imm8tétial.
freet￿Id property is mainlain8d in a 5taiÉ of rep8ir such thal the 8Stimated re5i(knal value 15 not less Ihan Ihe
Balance Sh&&tvaluè WFth Ihe $lat8d valuè not ex¢eeding th8 récoverable amount.
The Truste* dw¢¢lors do nol consldgr Ihat any impairmeTrt in Iho I￿ahOld propèry valuè has tak6n dace during I
Taxatlon
The charily18 exempt frDm tax on its charitsble actlvllie8.
Fund aG¢oun¢lny
UnreslriGtBd funds c8Th be in a¢cordance with Ihe Charflablg objeciives at tho di8c¥el¢on of th& Trnstee.
Dasignalgd lunds ean onty b& used for particular designated purpos85 Withln th& objec15 of th8 charity. Restr￿110￿5
arisè when sp8cified by the dDnoror wh8n f￿ndS 816 rai$8d lor particular designated purpos8S.
FurlhÈr èxplanation of tho naiur8 and purpos8 of aèch fund is ifttludad in the notes to Ihe financial stai8ments.
OTHER TRADING ACTI￿nE5
2025
2024
re¢gwed Dlngle Court
E]eclticily ¢antribulions
Use ol ouost room
47,188
2.569
155
42,405
2,647
100
49.912
45.152
Pag8 6
contitlU8d...

Ho
ChaTI
es to lh& F'nancidl Statemen
fEn
edj
-¢0
202
INVESTMENT INCOME
2025
2024
D&posiL aocounl inteTegt
TRUSTEE DIRECTORS REMUNERAlloN AND BENEFrrs
COMPARATIVES FOR THE STATEMENI OF FINAMCIAL ACTIVITIES
Unr8$lticled
Trd
DesigTr8t8d
funds
Total
funds
INC(IME AND ENDOWMENTS FROM
Other trading activili¢s
Investtnent Incorn8
45,152
45,152
3,962
Total
49,114
EXPEND￿uRE ON
Charitsble dGtlv¥tlo¥
Sèrvices
21.901
21.901
Olher
Total
45.031
53,171
NET INCOMEIIEXPENDITUREI
4,083
18,140}
14,0571
RECONCILIATION OF FUNDS
Total funds brO￿ght forward
27.759
135,2(X¥
162,959
TOTAL FUNOS CARRIED FORWARD
31.842
127.060
158.9DZ
TANGIBLE FIXED ASSETS
Fieehakl
Property
COST
AÈ l May 2024 and 30 April 2025
124.81U
NET BOOK VALUE
At 30 April 2025
124.810
AI 30 April 2024
124,610
Tho Ireehold property al Dinglg Court comprises 10 unit8.
The ¢h8rity ieceivBd a £170,912 Houslng Asso¢l#llon Grant IHAGI from the Houslng Corporatton lo rethc8 the cosl
of developlng this Ire8hold property. The total cost of the proporty and Its dev8lopm6llt was £295,722. The flgure
shown on the balance shgel fs the totgl c051195b th8 HAG as It is deemed to bé 8n gccurale rgQeclion of the cost ol
Ihe fr88*￿Id propety lo Ihg Charlty. HAG is repayall8 undor oertain clicurn5tan¢8s. prIM￿rilY lollowlng the 5a18 of
prop8rty but wll norm811y be reslricl8d to proceeds of sale.
Pagè 7
conlinued...

s to tho Fln
ncial Sialemenl8-
fo
ear Ended 30 A I
ntlnue
025
DEBTORS: AMOUNTS FALLING DUEWtFHIN ONE YEAR
2025
2024
Debtors and ￿paYments
4,112
CREDITORS: AMOUNTS FALLING OUEWITHIN ONE YEAR
2025
2024
Other credltors
2,582
CREDrroRS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025
2024
Olhercredltors
Other creditors ovtr ono year Is mad8 up of 8 mortgsgg advanced by the Housing Corporation Ihat is Socured by a
legal charg& over the frèehold land bulldlngs. The loan Is repayable over 60 years by equal hair yearly
instalthwiils of prlncipal and Interesl al an inleresl rale of 10.375Va por aiinum. The total loan oulslanding at the year
gnd was £73.847 {2024= 74,8341.
10.
LOANS
An analysis of the maturKy of toans 18 giv8n below..
2025
2024
Amounts falling du8 ￿thIn ong year on demand..
Hwslng loan
988
986
Amount8 falling belweers on8 years..
Housing loan
73,847
MOVEMENT IN FUNDS
movement
In funds
Al
30.4.25
At 1.5.24
Unrestrictod fund$
G8n8ral fund
31,842
8,412
40,264
D8slgnat8d ￿ndS
Property equlty fund
Cycilical maintènance lund
Extraofdinary Yopairs fund
48.097
17,816
61,147
4e,097
12,258
61.147
15,5581
127.050
5,558
121,502
TOTAL FUNDS
158,902
2,854
1é1,756
Paga 8
¢ontlnued.-.

Bolha
e Charl
Note8 10
h Financial
hr
ments . contlnue
30 A rf12025
11.
OVEMENT IN FUNDS . eontlnu&d
Ngt movement In ftjnds, Inthdgd In the abov8 are 85 follows..
Incomlng
TeEouice$
Resowces
expgndod
Mov8m8nt
In fund
Unrestrlctsd funds
General luThd
54,000
(45.5881
8.412
D8slgnat•d
Cycilical malntenan¢è fuftd
15,558
15.5581
TOTAL FUNDS
511461
2,854
Comparatlvtrg foT mov8mentln fund8
Net
movamant
in funds
Al 1.5.
30.4.24
Llnrostrfcted funds
GÈnerydl fund
27.759
4.083
31.842
Daslgnated fvnds
Propefty equity fund
Cycilical [nainlenan￿ fund
Exli8ordln8ry iepolrs fund
48.097
25,956
61,147
48,097
17.816
61.147
18,1401
135,200
8.1401
127.060
TOTAL FUNDS
162,959
Comparalive net movemÈnl in fitnds. ineluded in the above are a6 follw#.'
Incoming
Te8oiJrces
Re8our¢e5
expended
IAovèmenl
In lunds
Unre$trlct8d funds
Gener31 fund
49,114
I￿.031}
4,083
Deslgnated funds
Cy(¥lic81 tnaITrtenan￿ fund
18,1401
18,1401
TOTAL FUNDS
49,114
53.171
4,057
Pago 9
ntinu8d...

Betha
Hom• Cha
Notes
h FinanclBI Statements-
ear End8d 30
11.
MOVEMENT IN FUNOS- contlnued
A current y88r 12 month$ prlor y8ar 12 months cgmbined position 15 bs follows..
N8t
nvbvgrneytt
in fund8
At
30.4.25
Al 1.5.23
Unrestrtct•d luThtls
Gen&Tal fvnd
27,Y59
12,495
40,254
De$l9natsd funds
PrttpÈty 8quity fvnd
Cydlical malnt8nane8 fund
Extraordlnary repairs furKI
48,097
25.956
61,147
48,097
12,258
61,147
113,6981
135
13,698
TOTAL FUNDS
162,959
161.756
A current year t2 m(mths and prior y￿r 12 months ¢oMbin8d net movernent in funds, Induded in abov& ar8 as
follows..
Incoming
ources
R88011r¢e8
expended
MovemBnt
in funds
Unrostrlcted fundB
General fund
fj03,114
19Q.6191
12.495
D•5ignated funds
¢y￿lical mainteDance fund
113.6981
113,6981
TOTAL FUfrIDS
103 114
1104 317
1,2031
12.
RELATED PARTY DISCLOSURES
The￿ were no rolated Party transaciions for Ihe year 8nded 30 April 2025.
13.
DESIGNATED REseRVES
The Designrlted Reserves atE'.
Proparty Equlty Fund
Thls Is thè nomlnal equity valuo In Ihe property as a resultof annual payments made under the repaymth mortgage.
c￿ll¢al Malntenanc• Fund
This Is a récornmended fund, lo whld) the charity Is requlTed by the Amhouse Assoclallon to transfer a
recommended minimum level from Ihelr unr86lrKtod r*$6rves on an annual ba$ls to mg8t the 8nnu81 and
qulnwennlal malntenafKe Schedule.
Extraordlnary Repairs Fund
Thi5 is a Yecomrn8nded fund. to which Ihe charity is reqUI￿d by the Almhou8e As9rtiation tts transfer a
recommend8d mlnlmum level from tholr unreslrfctad resorves on annuiil bdSiS. Th8 fund Is availatsl8 for ustr only
when 8xtraordinary repair5 are rèqulrfjd to ttte prcy8rty which are not ol a cyclical natur8.
Pagb 10

an
Ho
Detslled Statem
ho Yea
nt of Flnancial Actlv
2025
2024
INCOME AND ENDOWMENTS
O¢hortr8dlng activltigs
Renis recglved Dinglg Court
Elèclrlcity contribution8
Use ol guest room
47.188
2.569
155
42,405
2,647
100
49,912
45.152
Inveslment In¢om8
Deposlt acwunt Iitsrest
Total incoming r•souw•$
54.000
49,114
EXPENDITURE
Charltablg activities
Rates. wa18r and insurdnc
Light and heal
V8canlffl81 cosis
3,956
3,305
3,236
2,￿5
7,261
7,549
OtheT
Repalrs and malntensnce
Cyclical maintenanc8
20,903
5,558
23,130
8,140
26,461
31,270
Support¢osl$
Flnanc&
Interesl on anrn¢lty
7.833
7.934
Gov¢mance costs
A￿OUl￿ncY
TTavelling and ttdmkn1s1ra￿on
Sunilries
1,032
8,441
118
4,728
850
9.591
6.418
Total resourees expended
hl•t In¢omell8xpondltur•)
2.854
4.0571
Th15 page doe5 tiol lotrn p811 of the statutory fiTrsnGis15tstemenls
Paga 11

Your Ref: 

Our Ref: VP/SHA/3882 

When telephoning or calling please ask for Mr Patel 

Date:  27 January 2026 

## **FOR YOUR URGENT ATTENTION PLEASE** 

Mr Kelvin Stone 2 Heart Meers Whitchurch Bristol BS14 9NY 

Being sent via email only to: kelvinbethany2022@gmail.com 


BRUNEL HOUSE 11 THE PROMENADE CLIFTON DOWN BRISTOL BS8 3NG 

Telephone: (0117) 9736 856 Fax: (0117) 974 5200 Email: enquiries@wormaldandpartners.co.uk 

Partners:D.R. Patel, F.C.A. V.D. Patel, F.C.A. Associate Partner:S. Alker, F.C.C.A. Consultants:N.A. Dando, F.C.A., Dip. P.F.S. A.R. Kitts, B.A., F.C.A., C.T.A. 

Dear Kelvin 

**- Bethany Home Charity Charity accounts for the Year Ended 30 April 2025 - Bethany Home Trustee Limited Accounts for the Year Ended 30 April 2025** 

Further to our recent correspondence, we are pleased to advise that we have now completed the accounts of Bethany Home Charity for the above year, which have now been signed and approved by the Board of Trustees.  We enclose copies of the above-mentioned signed accounts for your records. 

**We assume that, as usual, you will arrange for the filing of the accounts with the Charity Commission in due course.** 

## **Other Matters** 

In previous years the Housing Corporation have asked us to produce a letter for the purposes of drawing attention to the matters which arise during the course of preparing the charity’s accounts. Taking into account the size of the charity and the number of personnel involved, it is our view that there are no material matters which would be required to be highlighted in any such letter.  It is our view that the charity is very well managed.  In order to comply with the requirements of the Housing Corporation, a copy of this letter may be attached to the accounts when submitted. 

Finally, we take this opportunity of enclosing a note of our costs in connection with the preparation and review of the enclosed accounts for your kind attention in due course. 

Website: Registered to carry on audit work in the UK and regulated for a range of investment www.wormaldandpartnersaccountants.co.uk business activities by the Institute of Chartered Accountants in England and Wales 



- 2 - 

Please do not hesitate to contact us with any points on which you require additional information.  We look forward to hearing from you at your earliest convenience. 

Yours sincerely 


V D Patel (vinaypatel@wormaldandpartners.co.uk) Wormald & Partners