R•Jrt8Ted Nwnbw. 00349309 (England & IW881
Ch* Nyn*or 246570
EVENnDE HOME8 UMITED
PINANCIAL 8TATEMENT8
FOR THE YEAR ENDED 31 DECEMBER 2024

EVENTIOE HOl￿s UIITED
INDEX TO THE F114ANCIAL STATEMEMTS
forth• y•aT •nded 310e¢•mb•r a124
Cryfyny Inf￿MIt￿n
2104
R•F#Ytaftho Audltors
Sto7
of Fkn•nd•lA£tkAI••
toth• FIn•n￿l Stthrn•nts
10t017

EVEpinDE HOMES LIMITED
COMPANY INFORMATION
forthe year ended 31 Dec•mber 2024
REGISTERED NUMBER..
349309
OIRECTORS:
D. Mason {Chamianl
M.J. Harris M.B.E., J.P., MA
E.J. Curtia F.C.l.B.
V. Kershaw
Dr. R. Dames
S. Sharpe
R.G. Smtth F.R.l.C.S. IR08ign•J 3 October 2024)
D.J. Evans F.C.A. IPa888d 19 March 202S)
SECRETARY:
14tr1. S.A. HanrI￿n
REG18TERED OFFICE..
G•nfA81 Charkin Oll*•
Okl Bob*o
Hill Shfjt
CV14AN
CHARITY NUMBEK.
248570
AUDITOR8..
D•ffems Audit Ljmhd
Ch•rtw•d Acco￿t￿nIg
Statutory Aud
Ono Ea8trwood
H•ry Weston Road
Blnl•y Bu•lnw P
Cov•nlry
CV3 2UB
INVESTh￿l￿ BROKERS:
Qui*er Chovlot
Provlnclal Ho￿•
37 Nthv Wa
Lekester
LE16TU
SOUCITORS:
MandEr Hadlty & CD.
1 The Qvadrsnt
CVI 2DW
Page 1

EVENTIDE HOMES UMITED
TRUSTEES, REPORT
Ilncludlng Olrector9' Report)
for th• y•af Or￿ad 31 Decemb•r 2024
Th8 Directors. vA)o are also the Trustees undw charty kni, present their annual r•port akjno wlth the financiol
statefflerrts of lh8 charitab￿ ccffipany for the wiod ended 31 De¢emter 2024. The Trustees havo adcpted the
pmwsionB of Statement of Recommended Practico ISORPI"AccounllNJ 8nd Rep￿tIng by Charitles" IFRS 1021
in prewng the reports and financial st*rnenls ofthe ¢harity.
Tr* ¢lnancAI $tsternents have been prepored in 8CCOfd8nce wth the accountlng polkth sot i)ut in noteg to th•
8ccounts and compty with Ihe charity's govarning docurnent, the Charitiès Act 2011 and A¢co￿ting and
Reporting by Charities.. Statémont of Recommended pract￿ opplicable to charitw preparing thèir accounts sn
accord￿Ce with the Financial Rep)rting SI￿dard aP￿iCall￿ in the UK and Republ￿ of Ireland published
October2019.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Ev•nld• Horne8 Limited is B company limited by guarant￿ govemed by ts Memornndum and Art￿￿ of
Associath)n dBl*d 7 Fèbiuary 1939. It Ib a f•gi8ler•d ¢harty, number 246570,
Th• Tw8tegs (who gre al80 the dI￿t￿o of th• company) who l￿d durwig th• year and sincè the perloa end
are Sel on page 1. T￿￿tea& are 8ppoirt•d by Ihe board ond meet qusrtety to cèn8ld¢r 4ny applIcat￿n• In
rosp￿t ol almshouBg vKan¢tg9.
Nèw Tru$t488 are invtted lo attend the Sa¢rtsy's offte where wlll bo Provlded ￿th an oulllne of the m8ln
Objectiv￿ and actkntiaa ol the Charlty and the Tru8t808' role In achlewro th￿0 objoctN•8.
RISK IAANAGEMENT
Th& Truste08 hava con81der￿ the mojcff r￿kS lo which ChArity h expc4od and hov• r8¥NTh¥ed those rl8ks
d 88tablished systgnya and pr￿edureS to m•nage thom.
OBJECTIVES AND ACTMTIE3
Th• objective and 8cliwty d Ihg Charfty runnlThJ of a hom8 for th• eldety Peop￿ of Co￿nty
$urroundlng di8trth.
Thè TTUSIe￿ confim) they hAv• relerred lo tho guidance cont81nod In Ihe Charity Commi8$iM's general
guKlgnce on publ￿ hnefft when re￿eWIng th• Charty'$ aims and ot48¢lN&s and In planning fviur$ activit￿8.
ACHIEVEMENTS AND PERFORMANCE
Th6 Truste88 Mn8id•r tho performance lor th& y•8rlo ￿ satisfactuy. The aknshouse comprws 12 I￿ts whkh
wwe all available forlot during year. 26 of vold$ Ivwnt flats) arow in the year lo 31 DK•mbar 2024
12023.. 28 weeks of VOK181.
Atl Ilats ar• malntalned lo A hbh stsndard whh reg￿￿deCOrat￿1n and r•furbBhment.
FINANCIAL REVIEW
Total incoming resourc•8 for the yeaf aMo￿ted to £112.698 (2W23'. £107,880) I￿￿ling ronts from fl*ts of
£86.10912023.. £82.3331
Tilal resources axp8nded were £94,458 12023: £87.￿) of whkh £88.274 12023.. £82,203) r•lal•J to the
runnlng costs oflhe hornes.
The net onc￿mIng r¢$ources lor the year amount￿ to £18,24012023'. £20,784). Aft•r investment gains of
£53.24012023'. gairt$ of £30,113) the net Inc￿a￿ In funds wag £71.48012023.' increase of £50.B9n.
Page2

IENTIDE HOMES UMITED
TRUSTEES. REPORT
Ilncludlng Dlrector8' Rèport)
forth• year ended 31 D•cemb•r 2024
INVESTMENT POLICY AND PERFORMAMCE
The investment strategy is Set by the Trustees on an annual basi8 and lakes accountofdemands forfvnds. The
Trustees consider the Income r8quirem¢nts, the risk profi18 and inveslment managers. wew of the rnafket
Pfospects In th8 medlurn tem. This stratew Is Jet wthin an over811 poly wht¢h slatO$ that fiJnd5 5houbJ b
invested in ky4 to medium risk investments with a to ensuiing that caprtal appfeciath?n ofthè fund exceeth
intlation each year. The strategy is reviewed wsth th• investment manager¥ annually.
P•rformanc•
Th¢ lotsl return on the Charity'8 investM￿t portldh) for the y•or w88 9.9% Compared wlth that of th¢ FTSE 100
Share ind•x of 9.8%.
RESERVES POLICY
Tha unrestricted lund8 ofthe charty $yrat8d into accumul8t8d Incomo and d•s5g￿l￿a fufids as 8hown In
note 10 to tho financial slètements. The de8ign8led funds highlight the Trustees, policy to maintain a level of
fvnd9 bolh lo genarate $uslainabLg Income to meèt charIlab￿ 8xpendKur& and 8180 to PiOVKla for aAamaUve
futur• accomm¢datlon.
It 18 thè pollcy of th• Chortty to ma4n1￿n Ihe ￿¢UmUL￿d irwn* fund withln unrethcted funds al a level
•quivglenl to 4)proximat•ty one yeorf8 0¥pendit￿. The 8vallablg raMrvo8 now 8tand at £177,225 Inat•
121,
Atthèyearend the charity had lotslfundj rf£1,316,57912023'. £1.245,0991, £410,48712023.' £389,494)
relalo to endowed fund8 gnd £429,45212023'. £397,632) relate lo re&tri¢tsd lundy. The r8slficled funds gr06e
from th8 tran8fer of 88uI8 from The Charly of F.J.MillB In 2018. Th08• fundj ar8 to b• Applied towards r•pal
and Improv8m&￿8 to tha almshou888 onty.
PLANS FOR ThE FUTURE
Tha Truste8¥ intend to continue the very high •tandaTd gl maintsnBnce ol th• Ilals and mak• necemary
improv•m8nl$ •s wh¢n r•quir•d.
FUNDRAISING STANOARDS INFORMATION
Evenlbjo Hom&8 Limrted does not contract to a thlrd paty lo undert8k• any fijndralolng on rts t4half,
c4n¥•quentty we hove no fvndral8lng GomF4alnts dwlThJ th• yaar.
TRUSTEES RE8PONSIBIUTIES IN RELATION TO THE FINANCIAL STATEMENTS
The TrusleeB (who are also dlrèctors ol Eventide Home8 Limlted for the PUfP0808 of ¢rynp8ny Iwl gr•
r•Bpon8ible fcr prepariro the Trus19gs' Report and the finan¢ial statements in accordance ￿th appI￿abkn law
nd Unlt*J Kingdom Accounting StandArdJ (Unit•d Kingdom G￿•Talty Aceeptsd Accounting PracilG81.
Company law ro9uir8s the Trust•e8 to p￿pare fin4n¢ial 8t8temenls foT¥ch financial yeaf which glve a true and
fw'r vi6w of the Stale vf 8ffair8 of Ihe charitabl8 ccmpany and of thè Incornfjn9 rasources and applicaknon of
reBourc8s, including the in¢cAng and expenditUTe, of tha charitable ¢4)rrpany for th81 p8rlod. In FrfepgrirvJ these
financi81 ¥tsl•rnents the Trust•es are reqU￿d to".
*t suitable accounting pol￿￿ and Ih9n appty them ¢￿SiStent￿.
cbserye the Mot1￿d9 and prirKlpleJ in the Chwhies SORP 2019 IFRS1021.'
make judgements and estimats5 that are reasonable pnthnL
state sthether applicable UK A¢￿Unting Sland8rd8 hav8 b8en foliuw•d, sublecl lo any materfal
dapartures di¥dosed and explained in th• fina￿￿81 8iatem•nts.'
prepara the financial st•tgm?nis on the golng COnc￿n basis unless It i8 Inapprepriate to presume that
tha charitable cornpany ￿11 continue in operation.
p￿83

EVENTIDE HOMES UMTED
TRUSTEES. REPORT
Ilncludlnu Dlr•ctors' Reporti
lortho year •n(1od 31 DK•mb•r 2024
TRU3TEES RESPONSIBILMES IN RELATION TO THE FINANCIAL STATEMENTS l¢onl...}
Th8 Trustees are resp)n8lbh for keeplng adequate xcx)untlng r•cord$ that di8clo8• wlh reasonable accuracy
at any time the finanGial positpjn of the charitaU• eompany and enabl8 to ansure that thè Ilnancial
8tst8ments conyty with the Compaft￿ Act 2￿6. They are abo resP￿s1￿1e for safeguardin9 the os89ts of Ihè
charitable conyany hence for tthng rea8onabl8 8tep8 lor the pr￿fi￿)n and deladon of fraud and other
IrregulwitigB.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDrroR8
So far 8S the Trus1ge¥ are aware'.-
Ther? is no rnl•vant audit infonnation of wh￿h the ¢h?nlabk company'g audrtors ar• unaware. and
E8ch Tw5tee has taken all the 8tsps Ih8t they ought lo havo takan 88 8 Tw8teo In Ord￿ to mako
themsew aware of ony rel8vanl audlt InlcMatlon grKI to e8tat4i8h that Ihtr auditor• are ￿rtr ofthat
information.
In approving the Tr￿1••& Annual RepJrt, we al•0 approve lh¢ Strategic Ryrt Included th•r*in In ojr CApadty
Cornpany directorn.
Th16 repcrt ha8 bogn prepored h8vlng tthen adv•nt¥go c4tho 5mAII companle$ •x8mFlwJn inthè Compan18$ A
ON BEHALF OF THE 80ARD
D.mI￿n- cHAIR￿N
Page 4

EVENTIDE HOMES UMITED
INDEPENDENT AUDITOR8 REPORT TO THE MEMBERS OF
EVEIMDE MOMES LIMThED
Oplnbon
We have audited tho financial Stateme￿ cl Evsthde HO￿ Lkni8d (the '¢harltabb ¢ompary'l for tha y•ar
onded 31 December 2024 whch oynprise the Statem8rrt of Flnancol Activth8, Balanc6 sheet and notey lo the
financial statements, including a 5urnmary of signrficanl accounting pollcias. The ffinancsal reporting
thal has b￿n applied in their PreParat￿an is applicable and United Kingdom Accounlng Stsndards, including
Fknanch?l Raporting Standard 102 The Fin8ncial Rowting Standard appI￿ab￿ in tha UK and Republ￿ oflr•l•nd
IUnit8d Kingdom General￿ Acc8pted Accounlww Pracli¢•l.
In oui opinion th8 fin￿da1 Stat￿..
gNè * truts and fair vw ofthe 8tsle ofthe charflable company's gffair5 B8 at 31 D￿)ber 2024. of
s IncomiryJ resourw arwj aPF4kalkin of re￿urC8S. includirvJ h$ IncLNnè and expenditure, for tha ya8r
than ended.
have been property p￿pared In accord8n¢e wth United Klngthm G0nmI￿ Acc•pt•d Accounting
Pradice,. 8nd
hav• boon prep8r*J In accordono•with thé rtquhm•nls cl the CompanlB8 Act 2Cth.
for oplnlon
We condvcted our audl in *cc4xdanc• with Intomational St8ndwd$ on Audldng IUK) IISAJ IUKI 8nd gpplk*b
Lqw. Our mpon8ibilrtie8 under thoso $tandgrd8 8re lurther deBcribed in th¢ AudS10rfs responsibrnlliss forlhg audtt
of the Ilngncl81 $l&temonts 98clkn of our report We arg indeFendenl of the chontabl• company In a¢wdance
with the ethirAI requiremants that are Televant lo our of the flnaneial statemonls In the UK, Includlnp t
FRC'S Ethkal Standard. and we hav• fU￿1*d our other etht¢81 responsibilities in fKcord8n¢¢ with the1•
r•quirmnts. Wa belleve that tho audtt •vidanc8 w• have obt*in•d 1$ suffic￿nt and approprKgte lo pThiJ6
baBi• for our oplnlon.
Condu•lon• r•latbng to golng ¢onc•rn
In auditing th• ffinancial #tatements, w ho￿ cond￿ded that fv trust•8B' UD• of tho golng ¢otK•rn b￿10 of
¢wnth'ng kn th• pryratbn ol tho financi•l st8t￿￿nI0ls apprcprlat•.
Bo8ad on th8 WLYk we have yrfomi•J, wa havo ncrt idenlifbd •ny materi81 Uncértain￿8$ reLqknng to events or
rLJndrf(Kfis that, ind￿•dUS1fy or collective￿, may cast $¥nifunt doubt on tho charttoble Comp￿￿,8 abllty to
continu• gs a golng concgm for a porfod of 81 kn88t tsvolve mcfth8 from when the fina￿181 81alomonts •r•
•(Ihori¥od ft>r isBuo.
Our r•41onsibilrtiw gnd the resp0mbi1ll￿ of thg truiteoB wkh Ittp￿t to going conc•m Are d88¢rW In tha
r•k8v•nl 6•Ctiw$ of this report.
Oth•r inform•tlon
The other inlormation ccvrprLqeB the inforrnation Included in the trustees annual report, other than the fflnandal
$tsterwts and our audrtorfl report ther•on. The trustees are r•sPonsib￿ for thè other Informat￿ COnt￿ned
hln th• 8nnual repjrt. Our opinlon on Ih•finan¢ial 8tatThnts d088 not cover Iha other informalk*n 8nd, •xceFI
to the éthnl clh•rwls• •xplKrtty statod In ¢wr Mpcrt, w• do not •xpreis any lom) of asBurBnco o)ncfu8lon
thereon.
OUT Teswsknilty li to real th• oth•T infOmwt￿n and, in doing so, whether the other ￿1￿m8110n bl
materially inconsislenl whh the flnancial statemants or our knowledge obtsined in th8 course of the audit or
¢*terw188 apyars lo be matsriaity mk8statsd. 11 wo idanlfy suth material inconsisl8ncie5 or apparent material
mis5Lknenls, we we requlred lo deternine Whet￿r th￿ gNes rise to a materlal MsStat￿neftt in the f￿an¢(al
statem￿ts th￿1Ve8. If, b88ed th? we¢k we have perfcYm8d. we cC￿c￿￿e that th9re is a materi•l
mSsstatement ofthi5 other infomknn, we are required to reFQrt Ihatfact.
We have nothing to report In this regard.
Page 5

EVENTIDE HCMES UhlTED
INDEPEMDENT AUDITORS REPORT TO THE MEMBERS OF
EVENTIDE ￿M£s LIMITED
Oplnlon$ on other mattern pr05cril>￿ by th• Compani8s Act 2006
In our opinion, based on the worf( undertaken in the cours• of the audit..
the informat￿￿ g￿n in the tnJs¢ees' rewt lincorporatin9 the directors, ￿Port} for the financid yw f
which the financMI statem8nts aro p￿Par9d 1$ conststant with the firi8nckg18tatement$,' arKI
the directors, report has been prepared h acc(￿danCe wrth eppli¢8ble legal requiremenls.
Matt•rs on whlch w• •rn r4qulr•d to r•port by •xc•ptlon
In the light of th• knowledge and Under5tsndI￿ of the charitabl8 ￿MpanY and rtg envkonmenl oblain•J n the
COUT¥8 of the gudrt, we have not ￿ent￿￿j material miBslalements in the diredar5' raport.
We h&v6 nothing to report in r￿pect￿the1￿￿￿fjng rn8tt•rJ In relation lowhich tho Cc¥npanlesAct20LK requir8B
U8 to report to you if, in our Opin￿n..
adequate accounting racords have not b8en kopL or relums ad•quAt6 lor tsjr •Jdit ncl toon
r8c8ived from branches not v+sttod by us.. or
tho financial slatements are ncl in ￿reement wtth th? accounting r8cord8 and rthAn8; cf
certain disclo8ur•s ol direetors, r8mun8ralion spe¢lfied bylaw are not m8de'. or
Wg have not received JI Ihe information and 8KplanatKJns we require ts our 8udit,' or
the trust￿$ wer• not anlitkgd to prepare the finar￿al 8tslwn8n18 in accordance with Iho 8mall ¢￿an[al,
regirne and lthe 4dvantog• ofth• $m￿l£ompanIes, exemptions In waparin9lhedireclors' rep￿1 and frcffl
the requiremgnt lo prepare a Jtrat•glc rnport
R••ponslbllltlM of tru•t•
A8 oxplained mrts ful￿ In tho trustees. reBpon8lbllitie8 8talem8nt set out on page 3, trustee8 (who are 9180
tho dlrectors of the charitablo ccmpany for the purposes of company law} Jro ro$pon8ible for the prepuratitsn of
tho finand81 stat8ment8 and for b•ing 8olhlled that they gN• a true and fair vtéw, 8nd for 8uch intom* control
thè InJ81ees det•rmln• Is n￿￿&￿ary to enablo tho prep8rglton of financial Bl•tements that are fre• frorn
m•tsrd mtsstst•menl, wheth•r to fiaud cff ernor.
In pr￿arIng the flnanckgl Bt8lewKnts, the Iru•tè88 arè r•8pOnsIb￿ for aBB￿s]ng th• charitatJl8 company'• abilty
to conlinu• 0$ a 90ing concem, disclosing, •J #ppl￿#b1e. matters related to golng concwn and u8lng tha ojlng
coneem ba81s of a¢countlng Unl￿ the tr￿lee5 ￿thOr Inlond lo IkuKlate th8 chafrtable company or to ceaBe
oporatvjni, or hav• no rn4l8tic aft•rnatl￿ to do io.
Audhor'• r￿POnsIbIlItI•m for th• audlt ol th• fln•ncl•l ¥tat•m•nt¥
Our objertN•8 arn to obtaln reaBon8bb •Bsurance about whether the flndnci•l 8taternnl$ •$ a wholè *r• frno
fmm matedal ml$st8t8m8nt. wh•th•r due lo fraLxI or èrror, and lo i$$ue an audil0rf5 TeP¢rt that includes our
oplnion. R￿Sona￿e assurance 18 a high l•vo1 of assurance. bul is ncl a guarantee that an audit wwJu¢tad Iri
accordanco with ISAS IUKI wll ah*ay$ deted a m8t¢rial misstatement when rt a￿st8. Misstoternents Can ad8•
from fraud or error and are conBldered mbtsrfal If, Indlv*Jually or in the aggregate, Ih•y ￿ykI raasonably be
pected lo influonc8 tha Oconomic doci5ions ot u$•rn taken on th¢ basis of these linanciol Slato￿ntS.
Irr4ularli•s, includlng fr8ud. 8re In8tance8 of non-compli?rKe wtth and regUl￿On8, dwign pNK8dur•$
in line ¥￿¢h OUT ￿POnSIbl1rt￿s, oullined above, to dete¥t rnat?rBI mr48tatemenls in re8pect of irregularitm,
Includin9 Iraud. The 8pe¢thc prct8dur8s fc￿ this èngagw)ent and the extsnl to wh￿h th66• arg capable of
detecting wrewLiriI￿$, Including fraud is d¢tail8d balow..
Enquiry of man&aemenl and those ¢h•rged with governan¢e around actual and pctsntAI Iligaiion and
claThs',
Enquiry of entity st8lf in complianco funciwxs to identty any inst8ncw of nonrycompliance wth and
regulatton8',
Reviewing Thinute$ tsf me8llng9 oflhrjse Charged with govemance.,
Rww4ing financtal statsrrenl diycto¥ure8 and t•sling to SLSPPOrting d¢tumwt8tion loassess ccfflpri￿c0
with ap￿*ab￿l laws and wulatKJns.
Performing audit work ovw tha rrak ofmartagevnent ovwrlae c*¢onlrols, including le&ti￿ olloumol•itries
and othw adjus¢ment8 for approprwt•ne53, evaluating the t￿$*neSS rtionale of svJnifKanl tr4nsadons
outside the noThnal course of buwngs$ and reviewing acrounling es1irngt¢s for bias.
Page 6

EVENTIDE HOMES UMITED
INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF
EVEpinDE HOMES UNITED
Becaus& of the inherent limitat￿)n5 cl an oudit there is 8 risk that we will r￿t detect all wrgJularitie8. including
th088 leading to a maierial mi55tatemont in tha fmanckql slaternents or non-c0￿￿118n¢e whh regulation. This risk
increases the more that compliance with a law or regulat￿￿ is removed frw th8 ov•nts and transactN)n8
renected in the financral slatements, as %st4 will b818ss lthely lo beccffle aware of instsn¢cs of n￿-cU￿pl10ne$,
The risk is also greater f8garding irregularities ttcurring dlbe lo fraud father than err￿, as fr8u¥J invofves
intention81 concealmerrt. forgory. c￿1￿10n, omis5￿n ￿ mlsrepresgn¢o1ic￿.
A6 part of an audit in accordance with ISA8 IUKI, wè 6X8WAse profe¥8ional judgrnenl and pM1￿10nal
8ceptusm througho¢Jtthe a￿art. We also..
entfy and assess the iisks of maledal misstatementof the fina￿￿al statements, whetherdue lo frlud or
efw, d8sgn and perform audK proeAdure5 re8pon8ive to Ihose risks, and vbtain audit evidence that 1$
suff￿lent and wpropriae lo provide a basi8 for our OpIn￿￿. Th• risk ol nDt dat•¢ting a materi
mi$8tatemenl resuttlng from fraud 15 h¥her than for one reSU￿n9 frcm error, as fraud may InVo￿e
co1￿$10￿. kngery, intantbnal omlglions, mlsr•pr88•nl•tSons, or the override of Intemd control.
Obtgin an understanding of Internal control relevant lo tha oudil In ordor lo d8slgn audit proceduw th•t
are appropriate in the circthislanc•8, but notforthe purpo80 Olexp￿aln9 an oplnK)n thg off8cINona
oftha charilabkn company's Internal contrd.
Evaluate tha 8PPT¢¥>r&•ten¢s8 01 occountlng pclicles u8•d th• rffi•onabkn•Bs of accountSn9
osllmaiee and rol•tod diBdo•ur•¥ mod8 by the tnMlee8.
Condud• on theoppToprfat8n￿ty ollha tru8t¢•s' use ofth• going concem baswa of 8ccaunt(ng and, baj
on the audit •vid￿Ce obtained, whether a rnaleri81 unc•rtohly a￿8t8 related lo ev•nls or ccndrfons that
may cast 8ignff¢ont doL*>l M th• choritabl8 cornpany's ablltty lo continue as a 9¢4ng conc￿. 11 we
conclude thal a matedal uncertalnty èxi811, ￿ arn reqUIr￿ lo draw attenlion in our audhorf8 rwrt to I
r•latsd di8cb)8L¥eS in 1h8lknanci81 statements or. Lf8u¢h d(8chJsures Inadequat8, tomothfy our￿lnknn.
Our¢onclusion8 are basèd on the audit evidence obtaSnod up lotho datv ofourauditorfs report Howover.
luturo or conditi￿8 may c8u&8 tho charrt8bl8 coryony to ceaje to ¢onllnue 88 a going concem.
Evaluate the overall prosentatlon, 8twcture and conlenl ef the flnanclal 81*tements, in¢ludiw the
di8ck>6ures, and whether the financial Stat￿ents rgpros•nt tho undatying IranB8Ction$ and gvenis In •
mannarthat achkWe8 falr pr•8•nlAtion.
We communk8t¥ wrth those chwged with g0￿manCe regaiding, wnong other matters, the planned BCOPe and
timiro of th8 audit and BignMc8rrt audit findlngs. including any SvJnrf￿ènt deficlencios in intemal c￿1 that we
donltty durtng ow audit.
UM of our r•port
Th16 report 18 solety to th• charitable company's Iru8te•S. 88 a bcdy, In acc¢)rdance with Pgrt 4 of the
Charrties IA¢¢ounts ond Rep￿ts) RegulAtioM 2008. Our auditwork has been undert*on solhatwe m&ht slate
lo the Charitab￿ company's trustees thoBe mattèrs ￿ are required to $tal&lothern in an audrtor's r￿ort and for
no other purpose. To th• fullest extent pemthed by Lqw, we do not accept or aBSuma r88ponsibility to anyonfj
othér than the charitable coTrpany and the charitable companys tru8tees 88 a body, for our audit work. for thlB
report. orlor1￿ opinions wo have formed.
Geoty Cox BA FCA IS6nlor Stalutory Auditorl
For and on bahaw of
Dafferns Audit Limited
Slatulory Auditc¢
One Eashvood
Harry Weston Road
BiThlw Business Park
COVENTRY
CV3 2UB
Joa5
Pagg 7

EVENnDE HOMES LIMITED
STATEMENT OF FINANCIAL ACTIMTIES
IIMCLUDING INCOME AND EXPENDITURE ACCOUMn
for tho year •ndgd 31 OKombor 2024
UnrostrfGbJ Endovmont Roslddad
2024
2023
INCOPJE
In¢om• from Charitable ActlvStlM:
Conlribuknons Irom resldents
In¢om• from InvMtmenl•
Inveslmonl incow
Qthor Inc¢)m•
Miscèllanooug Incomè
86.109
88.109
82,333
15.767
10,524
28,311
25,479
278
278
68
Total Incom•
102,174
10,524
112,898 107,880
EXPENDrruRE
EVnd1￿10 on Ch•rhabh •ctivitl••
A¢¢cfflm¢)Jabon CA)S
AdminlJtra1c￿ costs
88,274
8,184
88,274 82,203
8.184
4,893
Tfrtal Exp•ndltsJrn
94,458
94,458 87.096
N•t kn¢gmrf•xp•ndltur•) b•lor•
g￿nI •nd lam•• on 1ftv￿tm•n1•
N8t 901n￿(lOSIos) on Inveslmont a88Ot8 7
7.718
10,524
18.240 20.784
31,944
21,296
53.240 30,113
N•t Incomèl(•xp•nditurfjl bth transfer8
39.e80
31,820
71,480 SO,697
Gro88 trans￿r6 beh¥e•n fun
10
120,9931
20,993
N8t incoMWI•yp8nd￿uTo) belng
Net In0￿ment In funds
18.887
20.993
31,820
71,480 50.897
Reconc1118tlon of fund¥.'
Totsl Funds t)rought fory
457,973
389,494 397,632 1.24S,099 1,194.202
Total Funds wied fovw*d
12
476,640
410.467
429,452 1,318,579 1,245,099
All 1￿me 8nd gxpeThlllure derive from continuing actNit￿l.
Th• slatemenl of f6n•nclal activit188 In¢ludo8 all 98ln8 and roc(*Jnisod during the year.
Tho Th)tes on pages 10 to 17 fom part ofthe8e finarKlal statements
PaBe 8

Regl8t•r¢d No. 1x1349309
EVENTIDE HOMES UMITED
BALANCE SHEET
•ts at 31 Do¢•mb8r 2024
FIXED ASSETS
T￿gI￿19
In￿$tr￿n18
410.487
872.667
389.494
786,343
Total Ilx•d aBset•
1,283,154
1,175,837
CURRENT ASSETS
Prepayrnenls and accrued inconNI
Cash at bank and ￿ hand
3,171
39,341
3,042
82.758
Tt)tal cuvrgnt •M•t•
42,512
86.8
CREDITORS: Amounts faling du•
within oné y•ar.
AwualB
(9,08n
116,636)
NET CURRENT ASSETS I (UABILmE81
33,425
69.282
NET ASSErs
1,316,579
1,246,099
R•prnMnt•d by:
THE FUNDS OF THE CHARITf:
EXp0ndab￿ endowm•nl fvnd
Rè&tr(Gied funds
Unre8lricted fund•.'
Accumulatgd Incomo Fund
DeJignat•J Fund•
Tot•1 Unr•8tricted Fund8
410,487
429.452
389,494
397,832
11
10
177,22S
41
163,915
478.840
457,973
TOTAL FUND3
12
1.318,579
1.245,099
These finarKial statements have been prw8red In accordance wtih th¢ Special p￿S￿)n9 ol Part 15 of the
c￿panIeS Act 21XB reL8ting to small Mrnpanies and with tha Unit&J Kingd¢Jm Generaly Accept•d Accounting
Pracllce. incluthryJ FRS102 Tr FlrArdal R￿P￿ing Stend8rd 8pplkaL4e to the UK and Republt of Ir410Th1°.
. and on ft8 b•haifby'.
Approved
yth8CouncilofTru8ts0$0n.............. .
son
MAN
Dr. R. Da
rths on pagés 10 to 17 form part oflhw fina￿1￿1 statwna
Page 9

EVENllDE HOMES LIMtfED
NOTES TO THE FINANCIAL STATEMENTS
forth• y•ar ended 31 D•c•mb•r 2024
ACCOUNTING POLICIES
The princpal accounting policies adopted. judgements and key suur¢•s of estimats'on unCe￿nty In tha
preparation of the financi￿ $tatsm•nts are as fo11ts￿..
B￿￿• ol prnparatlon
Evenlide Home5 Limited is a charty that is a company limited by guarantee in Engl8nd. The addr￿8 of
the feglslered office is given in lh* chality Informatlon on page 1 of these linanci818talemenls. The
n8tur• ol the chanty's operations 4nd principal activities are to run a home for th• gklerty pèopltr of
Coventy and lh8 surroundSng area.
Tha chanty constitutes a publlc bengfft entty as defined by FRS 102. Tho financial Statements hav•
bggn prepafed in accordanc8 with Acwjnling and Reportlng by Charities.. Statement of Recommended
Practico applbcable to charili&s preparing Ih8ir a¢¢ounts In accordance with tho Fln8ncial Rgporting
Standard applicable in the UK and Republic of Ireland sssued in October 2019, the Financial R•porting
Standard applICab￿ In the Unrted Kingdom and Rapublic of Ireland IFRS 102}, the CharilE$ Act 2011,
th¢ Compani08 Act 2006 and UK Generalty Accoplgd Accounting Pra¢lk•.
Tha financrdl ltslements are PTgpar¢d on a goln9 C47nc•m ba818 under t￿ hl$lorlcal coBt convtsnlion,
modil￿d lo in¢lud• certaln item$ 8t lair value. The finonGial 8tatements gre prnJ8nled In slerling vthkh
Is the funcilongl GU￿6n¢Y of the charfty.
The SIgn￿lCant accounllng pollclos applled In tha prèpMr8tlong of th8B• flnanckgl st*om•nts ar• $•t out
bel¢yw. The18 polic￿5 have ￿en ¢onsi51enlly appll8d to all years Pre￿nt•d unless otherwise slated.
bl
Fund •ccountlng
08ta118 of the nalure and purpose of •xh lund aro sel out In ncl89 8 to 11. The Jrnounte held In the
desynated funds are entirely ot the dkrycretlon Df th• TruBte68.
cl In¢om• f￿agnItIon
All incomlng re$ouro•8 are Induded in th• Statement ol Fin8n¢i41 AclNilles wh•n the charfty l• kngalty
•ntitlad lo the incom• •nd Ihe amount can b• qu8nl1r￿d wilh fea$on8bl• •ccurn¢y.
Inve8lm•nl i1￿me 18 ewned through holding a$s•tB for investment purp)Bes Such as share6 and
property.11 Includes dlvldend$, Inlèr•8t and rent. Intefejt 8nd dNidond8 ar• fulty accrued al thè balanc8
•heet dqte.
d) Exp•ndbtur• r•cognition and Imicov•rnbl¢ VAT
All expendiiure is accounted for on an accruab b3818 and hos been cla8srfled under haadings that
gregate 811 costs related to the catsg¢Jry. ExpendTtur¥ is T•cognised where there Is a 18981 or
construclive obligallon lo make payments to third parties, (( 1$ probable th81 the settlement will be
requlred and the amount of the obllg8t*Jn ¢an be measured fel￿bty.lI Is ¢at8goriged vnderthg following
headings..
Cost$ of raislng fvnds includes Investmeni man&Jem8nt costs.,
Expenditure on ch8ri(able activille8 Includ85 amounts paid in respect Lrf
accommodBtlon and governanc•.' and
0th8r expenditur• f•Prn88nts tho>e item¥ not falling irto th8 ¢ategorie8 abo￿.
lirecoverable VAT 1$ chargad as an expense agalnst Ihe aCt￿ty for whKh expenditur• arose.
Pago 10

EVENTIDE HOMES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the yoar ended 31 December 2024
ACCOUNTING POLICIES (CONTINUED
Allocatlon of support cost8
These comprise siaff and office costs provided by The General Charty, Coventry. The majority of these
cos15 SUPPOrt the almshouse activity and are so allocated. A small proportion of support costs is
allocated to governance costs. The allocation of support Costs is made on an estimate of staff lime
spent on the tsvo activitie5.
Goveman¢o Costs
Governance costs ¢ompris8 all costs involving the public accountability ofthe charity and its compliance
with regulation and good practice. These costs include ¢osts related lo statutory audit and legal fees
together Wlth an allocation of support costs.
gl
T•nglble Ilxed assets and deprnclatlon
The long term leasehold land and propety is in¢luded al cost and since l January 1978 has been written
off over the term of the lease199 years). In addition, new window5 in the year will be depreciated al 5%
slraighl line. Expenditur8 on other assets is written off as incurred or charged against provlsions
previously made in the accounis for the purpose of that expenditure.
h) Flxed 4980t Invo8trngnts
Quoted investments are recognised initially al fair value which Is normally the transaction price
excluding transaction costs. Subsequently, they are measurtd al fair value with changes reco3nised
in 'nel gains I (losses} on investments, in the SOFA if the shares aré publicly traded or their f8ir value
can othe￿Is0 be measured reliably.
Debtors and crodltor• receivable I payable wlthln ono year
Debtors and creditors with no staled interest Tate and receivable or payable within one yearare recorded
al transaction price. Any losses arising Irom impairment are recognised in expendrture.
Golng concorn
The financial statements have been prepared on a going concern basis as the Trustees believe Ihal no
malgrial uncertainlie5 axist. The Trustees have considered the level of funds held and the expected
level of income and expenditure for 12 months from authorising these financial statements. The
budgeted income and expenditure is Suff￿lent with the level of reserves for the charity to be able to
continue as a going concern.
INVESTMENT INCOME
2024
2023
Dividends and interest
26,311
25.479
Investment income is made up of dividends during 2024 and 2023. Total dividend income has beén
split be￿een restricted funds and unrestricted funds. with 40.0%12023'. 40.0%) ￿ing allocated to
restricted fund5 and the rest being allo¢ated to unrestricted funds.
Page11

EVEKfiDE HOMES UMITED
NITr5 TO THE FINANCIAL STATEMENTS
forthe year ended 31 Decembor 2024
ACCOMMODATION com
2024
023
Water fates and council tax
Insur￿CO
Light arKI heat
Cleaning. cleaning fnaterialB and gwden 8yporffje8
Repairs
Deprewtkin- leased assets
Suppcrt CC418- Coventy General Ch¥ty
2,112
2.487
2S,494
11.820
26,547
11,314
8,500
2,105
2.279
33,824
11,405
13,755
10,335
8.500
88,274
82,203
Atte￿￿¢￿allon costs rela1• to th• wkeop oltrw pro￿ In whkh th• resKlont8 AJI dth61•
st8 ha¥6 been allocat•d lo th• unrestrthd fvnd in th8 current p(KairyJ yafyr.
AOMIN18TRATION COST8
ch•Tgo•
Audit fe
A￿oUn18ftey
pro18B￿On8I f•tss
Sypport Coots- Cov•nty G•n•r•l Chwty
2.1Q)
2.100
1,675
1,675
1,5(￿¢
1,500
8,184
4.893
SLVPOrt cost• of £10.000 12023.. £10,OCQ) by •t•ff of CMnty Gonwal Ch¥lty
pprtbnfjtj on th• ba•h of itaff lim•.
Admlnlstratlon crnlo rnlgl? to the Tunning ol tho chwitable cc*npany. All cl co•1• h•v• been
alIc￿ted to Ihe unreBtrktsd fund in th• current ond pr•Mding year.
TRUSTEES REMUNERATION
No mambarofthe Councol ofTruste•8 r•c•lv•d any rnmunoratkin or rnNnburJ•m•ntol•xwseJ during
yew12023'. £nll).
Pag• 12

EVEp¥llDE HOMES UIIITED
MOTE3 TO THE FINANCIAL STATEMENTS
lorthe y•arended 31 Dec•mber 2024
FIXED ASSErs
Long t￿M
IwePdd18nd &
burfdin
Fordlrect charilable purF*)80S
COST
At 1 January 2024
Add￿C￿&
574,299
32,>)7
At 31 DKember 2024
84)6,6C6
DEPRECIAT1014
At 1 January 2024
Ch•rg8 lor y•af
184.805
11,314
At 31 I)￿eMb￿ 2024
198,119
WRITfEN DOWN VALUE
31 Dec•mb•r 2024
410,487
31 Docembor 2023
389.454
Tho Tru¥tees con•￿•rth•t It i• nrt p￿ttabl0 to qu•nth* Any drfferBnc• t•hYe8n th• m8rk8t and
carrying value8 of tho Chailty'• bo8•hold hnd and bulkllng¥ for dkJckJBufè in the account8.
Th• bulkllng L* eAMMtru¢t•d on l•nd *thlch li tM••d from C¢)venty Cty Councll at a p•￿￿¢￿n rnnt, on
99 y•ar explrlrvj In 2071,. and from Th• TN8tee• of Phlord's or Gr￿kn, Howal at
peppercom rent on a 99 year lease explrfThJ in 2089.
Page 13

EVEpillDE HOMES UMITED
NOTES TO THE FINANCIAL STATEME1￿s
fortho y#r end•d 31 D•um￿r 2024
FIXED ASSET INVESTMEpirs
2023
Mart(et valu8 1 Janu￿ 2024
Addit¢¢ns in ye8r
Dk*poM15
GAln8 I ILo8808)
788.343
71.121
138,037)
53.240
745,684
115.979
(105,4331
30.113
Motht value 31 Downber 2024
872.667
786.343
Quoted inve4lmenls comprf80'.-
Britlsh Gov•mtrnnt 8tr
Oih8r UK F￿d Inl•r•8t
Ovor¥ea$ Fixtrd Inlèr8#1
Equity Inv8strnenl Inotrumont•
Gknb#l Equiti'•s
Other A8sets
Untt TmBts
55,856
00.￿8
31.878
187,403
361,109
68.573
22,818
78,313
31.$88
183,150
48,524
26,902
8n,867
788,343
Qu&ad InNYthent8 rewemntlw 5% p￿01k? •rv..
HSBC ETFS S&P UCITS ETF
JPMorgan Inve•tmgntTrwt ord G8PO.06
112.616
CA3￿ AT BANK AND IN HAND
Bank curratt x¢ount
Pety c86h
Cash h8kl by invethent man•q•rs
20,654
4102
18,285
18,314
388
84,058
39,341
82,758
Page 14

EVEpillDE HOMES UVJTED
NOTES TO THE FINANCIAL STATEMENTS
for the yur •nd•d 31 Oecember 2024
ENDOWMENT FUMD
Tho Endowmert Fund IEv8ntide Homes BuNdirwJl reve￿ts the totsl crAt d the bng tem la38ehdd
land and property depreciatbn.
10.
UNRESTRICTED FUNDS
An•ly•kn olrnov•m•nts In unrMtrlct•d fund•-¢urr•nt ymr
Balance
1 January
I￿)MI,
Iran8fers
nrl
Expendth, Babncé
tr￿sfe[B
31 De￿n￿r
Accumu181ed Incomg
008ignated fund- Rebuihllng ILmd
163,915
294,058
96,454
37.88a
183,144)
132,307)
177,225
299.419
457,973
134.142
{115,451)
476.644
AMlysl• ol mov•m•nts In unr••trlct•d fund•- pr•vlou• yur
B•L4n¢o
1 January
IrKoTh,
tr8n8fern
Exp•ndltur
8alanc•
A¢cumulat•d inc¥)mo
Oe8i9nated fvnd- Rebuilding fvnd
150,155
285,034
,521
25,237
(78,7811
118,2131
183,915
294.058
435.189
115,758
192.974)
457,973
Th• R•bulldlng Fund r•yesth)ts a fur4J to PTOVhde fcr dlematlve fU￿rn acc￿n￿datIOn.
A¢eumul•tod Income mp￿8￿16 tho free of ts C￿rity and •qu*s lo approximatety one
yO8rfs oxp•nditure.
11.
RESTRICTEO FUNDS
Tho ReslTKled fund hag ￿Sen from th8 transfer ¢1 •ss•ts from Thg Charity of F,J.Mill$ n 2018. The9•
lund$ will be 4>ptied t(hvards re￿rn 8nd improvements to the almshLws•5 onty.
P4e 15

EVENnDE HOMES LIMITED
NOTes TO THE FINANCIAL STATEMENTS
lortho yMr ended 31 Decembor 2024
12.
AW4LYSIS OF NET ASSEfs 8ETWEEN FUNDS
Anatysls of net assets between fvnds- curr￿tY￿r
Tanglblg
rrxed
cuff•nt
Endovrnent fund
Restrictèd fund
Unrestrthd funds..
Accumulat￿ Incomo
D•8ignat8d furvj
410,487
410,487
429,448
348,754
80,694
¥4,361
431,552
84.864
{132.133}
177,225
299,419
410,487
8n,667
33.425
1.318.579
An11￿{• of n•t u••t• b•tw••n fundB. Pf•vlou• y•ar
Tangible
fixed
Not
curnnl
Endo￿nefit fvnd
R•81rict8d ￿Thd
UnT8Str(cted lund8'.
ACCUMU￿ Incc4n
D￿Ignat￿ fvr#l
389,494
389,494
397.632
314,520
83,112
82.832
389.191
81.283
195,133
163,915
294,058
389,494
788,343
89.282
1.245,099
13. RELATED PARTh TRANSACTIONS
Th• ¢ompary incurred 8rTr adminyatration charge ol £IO,OC4)12023.' £10,0(Ksl from Th• General Ch8rfty,
Coventry {a charity with common Tru$t•ul during the year. Thè compary did not a donation from
The Goneral Chanty, Coventry in th• curront y•or12023'. £nill. Tho amount lo thwt Chsity al th•
period end was £nll12023'. £10,000).
14. OPERATING LEASE COMMITh1Epirs
Total futurn mInkn￿M lea80 r•ceIvab￿S under n0￿C￿nCel￿b10 rperatwig ieam ar• 48 follo￿..
Land and bUlkJ￿g3.
Wthn on8 year
8.784
8,784
Leaso r￿a1)leS rd*e to th& rental of fl8ts of Eventide Hom, Coventy. can be retumvj on on•
months not￿.
Page 18

EVEMTIOE HOMES U￿TED
NOTES TO THE FINANCIAL STATEMEiif8
forth• y￿r •nded 31 1)K•mlJ•r 2024
15. CONTrOLUNG PARTY
Page 17