> GOODLY GOODLY DALE DALE COTTAGE[COTTAGE] HOMES HOMES 

FINANCIAL FINANCIAL STATEMENTS STATEMENTS FOR THE FOR THE YEAR[YEAR] ENDED ENDED 6th 6th FEBRUARY FEBRUARY 2025 2025 



> GOODLY GOODLY DALE DALE[COTTAGE] COTTAGE HOMES HOMES 

## Financial Financial Statements Statements for[for] the[the] Year Year Ended[Ended] 6th[6th] February February 2025 2025 

## Contents Contents 

## la. 1a.&b. & b. Trustees Trustees Report Report 

2. 2: Independent Independent Examiners Examiners Report Report 

- mi 3. Statement Statement[of] of Financial[Financial] Activities Activities 

4. Balance Balance Sheet Sheet 

- 5a5a.toe. to e. Notes Notes[to] to the the Financial[Financial] Statements Statements 



la. la. 

## GOODLY GOODLY[DALE] DALE COTTAGE COTTAGE HOMES[HOMES] 

## Trustees Trustees Annual Annual Report Report for[for] the[the] Year Year Ended Ended 6th[6th] February February 2025[2025] 

## Constitution Constitution 

1. 41. The The Charity Charity known known as as Goodly Goodly Dale Dale Cottage Cottage Homes Homes (regulated (regulated by a by a conveyance conveyance dated[dated] 6th 6th February February 1931 1931). 

2. 2. The The Charity Charity known known as as Goodly Goodly Dale Dale Cottage Cottage Homes Homes Endowment Endowment Fund[Fund] (regulated[(regulated] by[by] Trust Trust Deed Deed dated dated 6th[6th] February February 1931). 1931). 

3. 3. The The Charity Charity[of] of Thomas Thomas William[William] Pattinson Pattinson for for Goodly Goodly Dale Dale Cottage Cottage Homes Homes founded[founded] by[by] Will[Will] proved proved on on 18th[18th] April April 1939. 1939. 

> The The above above mentioned mentioned Charities Charities are are regulated regulated by by a a scheme scheme of[of] the[the] Charities Charities Commissioners Commissioners 

> sealed sealed on on 14th 14th October October 1970 1970 and and a a scheme scheme sealed sealed on on 24th 24th June June 1999. 1999. 

> The The purpose purpose of[of] the[the] Goodly Goodly Dale Dale Cottage Cottage Homes Homes is is " " to to provide provide accomodation accomodation for for poor poor persons persons of of good good character character each each of of whom whom shall shall not not be be less less than than 60 60 years years of of age age (or (or 50 50 if if disabled), disabled), and and 

> shall shall have have been been born bom or or lived lived for for[10] 10 of[of] the[the] last last 30[30] years years in[in] Windermere Windermere and and Ambleside Ambleside Urban[Urban] 

> Districts, Districts, Undermillbeck, Undermillbeck, Troutbeck Troutbeck and and Applethwaite Applethwaite . . If If the the Trustees Trustees cannot cannot find find suitable[suitable] beneficiaries beneficiaries bom[bom][in] in Windermere,[Windermere,][Ambleside,] Ambleside, Undermillbeck,[Undermillbeck,] Troutbeck Troutbeck and[and] Applethwaite[Applethwaite] then then beneficiaries beneficiaries can can be be suitable[suitable] persons persons born[born][in] in Langdale,[Langdale,] Grasmere, Grasmere, Rydal, Rydal, Skelwith, Skelwith, Hugill, Hugill, 

> Kentmere, Kentmere, Over Over Stavely, Stavely, Nether Nether Stavely[Stavely ] or or Crook."[Crook."] 

There There are are 20 20 homes, homes, a a Scheme Scheme Manager's Manager's house house and and communal communal room room and and guest guest bedroom. bedroom. 

## Administrative Administrative Details Details 

## Charity Charity Number Number : : 247105 247105 

Address Address of[of] Homes Homes run run by by Charity:[Charity:] Goodly Goodly Dale, Dale, Windermere. Windermere. 

> Clerk Clerk to[to] the the Trustees Trustees & & Scheme Scheme Manager: Manager: Mrs Mrs R R Lidiard-Burr Lidiard-Burr 14 14 Goodly Goodly Dale Dale Windermere Windermere LA23 LA23 2JB 2JB Independent Independent Examiner Examiner Mrs Mrs J[J] V V Beckett Beckett FCCA FCCA Taylor, Taylor, Robertson Robertson & & Willett Willett Ltd, Ltd, 95 95 King King Street Street Lancaster Lancaster LA1 LAI 1RH IRH 



1b. 1b. 


**----- Start of picture text -----**<br>
GOODLY GOODLY DALE DALE COTTAGE COTTAGE HOMES HOMES<br>**----- End of picture text -----**<br>


Trustees Trustees Annual Annual Report Report for for the[the] Year Year Ended Ended 6th 6th February February 2025 2025 

Trustees Trustees 

Trustees Trustees who who served served during during the[the] year year :[:] Mr Mr W. W. Smith Smith Mrs Mrs E.[E.] Lidiard[Lidiard] Mr Mr R.[R.] Pow Pow Mr Mr J.B. J.B. Parker Parker Mr Mr W. W. Clark Clark - - resigned resigned during during the the year year Mrs Mrs T.[T.] Pattinson Pattinson Mr Mr C. C. Pattinson Pattinson 

## Appointment Appointment 

> The The body body of[of] the the Trustees[Trustees] shall shall consist consist when when complete complete of[of] seven seven competent competent persons persons nominated nominated from from within within the the local local community and community and approved approved as as suitable suitable by by existing existing trustees. trustees. 

## Remuneration Remuneration & & Expenses Expenses 

Mr Mr R[R] Pow was Pow was reimbursed reimbursed 2222 £222 for[for] expenses expenses during during the the year. year. 

## Reserves Reserves Policy[Policy] 

Reserves Reserves are are held held to[to] meet meet future[future] exceptional exceptional property property repair[repair] costs costs and and to to supplement supplement the the annual annual income. income. Our Our[policy] policy[is] is[to] to hold hold our our investment investment[in] in exempt exempt unit unit trusts. trusts. The The majority majority of[of] the the equity equity funds funds are are held held in[in] M&G M&G Charifund[Charifund] income income units units and and Black[Black] Rock Rock Charishare, Charishare, and and the the fixed fixed interest interest funds funds in in Black Black Rock Rock Charinco. Charinco. Their Their performance performance is is kept kept under under review review and and is is regarded regarded as as satisfactory. satisfactory. 

## Risks Risks 

> The The trustees trustees have have reviewed reviewed the the major major risks risks to to which which the the trust trust has has been been and and is is exposed exposed and and established established systems systems to[to] mitigate mitigate those those risksrisks. 

## Public Public Benefit Benefit 

The The trustees trustees have have considered considered the the guidance guidance published published by by the the Charity Commission Charity Commission in[in] relation relation to to public public benefit benefit and and confirm confirm that that they they adhere adhere to to this guidance. guidance. The The trustees trustees believe believe that[that] the the charitys charity's objectives objectives and and activities activities ensure ensure that[that] it[it] assists assists beneficiaries beneficiaries within within the the Windermere Windermere areaarea. 


**----- Start of picture text -----**<br>
Signed Trustee<br>Signed SSTrustee<br>Date<br>**----- End of picture text -----**<br>




2) 2. 

> Independent independent Examiners’ Examiners' Report Report to to the[the] trustees trustees of of Goodly Goodly Dale Dale Cottage Cottage Homes Homes 

## GOODLY DALE COTTAGE GOODLY DALE COTTAGE HOMES HOMES 

I | report report to to the the trustees trustees on on my my examination examination of of the the accounts accounts of of the the charity charity for for the the year year ended ended 6th 6th February February 2025 2025 which[which] are are set set out out on on pages pages 3[3][to] to 5.[5.] Responsibilities Respensibilities and and Basis[Basis] of[of] Report Report 

> As As[the] the[trustees] trustees[of] of the the charity charity you you are are responsible[responsible][for] for the the preparation preparation of[of] accounts accounts in in accordance accordance with with 

> the the requirements requirements of of the the Charities Charities Act Act 2011 2011 ("the ("the Act). Act). I | report report in in respect respect of of my my examination examination of of the the charity charity accounts accounts carried carried out out under under section section 145 145 of of the the 2011 2011 

> Act Act and and in in carrying carrying out out my my examination examination I | have have followed followed the the all all the the applicable applicable Directions Directions given given by by the the Charity Charity Commission Commission under under section section 145(5)(b) 145(5)(b) of of the the Act. Act. 

## Indeændent Independent Examiners’[Examiners'] Statement Statement 

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

1. 1. accounting accounting records records were were not not kept kept in in respect respect of of the the charity charity as as required required by by section section 130 130 of of the the Act; Act; or or 

2. 2. the the accounts accounts do do not not accord accord with with those those records; records; or or 

3. 3. the the accounts accounts do do not not comply comply with with the the applicable applicable requirements requirements concerning concerning the the form form and and content content of of accounts accounts set set out out in in the the Charities Charities (Accounts (Accounts and and Reports) Reports) Regulations Regulations 2008 2008 other other than[than] any any requirement requirement that[that] the the accounts accounts give give a a "true["true] and and fair fair view” view" which which is is not not a a matier matter considered considered as as part part of of an an independent independent examination. examination. 

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

> Jennifer Jennifer Victoria Victoria Beckett Beckett FCCA FCCA Dae Date 23-9, 23 2S 

> Taylor Taylor Robertson Robertson & & Willett Willett Ltd Ltd 

> 95 95 King King Street[Street] Lancaster Lancaster LAI LA1 1RH IRH 



Bi 3. 

## GOODLY GOODLY[DALE] DALE COTTAGE COTTAGE HOMES[HOMES] 

## Statement Statement of[of] Financial Financial Activities Activities for[for] the the year year ended ended 6th[6th] February February 2025 2025 


**----- Start of picture text -----**<br>
|||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted|Unrestricted|Restricted|Restricted|Endowment|Endowment|Total|Total|Total|Total|
|Funds|Funds|Funds|Funds|Funds|Funds|2025|2025|2024|2024|
|£|E|£|£|£|
|Incoming|Incoming|Resources|Resources|
|Income|Income|[from]|from|Residents|Residents|95,153|95,153|-|-|95,153|95,153|89,633|89,633|
|Guest|Guest Room|Room|490|490|-|-|490|490|440|440|
|Fundraising|Fundraising|-|129|129|-|129|129|89|89|
|Investment|investment Income|Income|5,784|5,784|-|.|5,784|5,784|5,575|5,575|
|Interest|Interest received|received|880|-|-|880|880|127|127|
|Total|Total|[Incoming]|Incoming|Resources|Resources|102,306|102,306|129|129|-|102,435|102,435|95,864|95,864|
|———II==SSSSaEaeaeEeEeaoIyiyIyIeEe—SESESSESESESESESSES—SESE|EES|
|Resources|Resources|Expended|Expended|
|Direct|Direct|Charitable|[Charitable]|Expenditure|Expenditure|64,925|64,925|-|64,925|64,925|55,914|55,914|
|Management|Management|&|&|Administration|[Administration]|29,635|29,635|356|356|.|29,991|29,991|29,599|29,599|
|Total|Total|Resources|Resources|Expended|Expended|94,560|94,560|356|356|-|94,916|94,916|85,513|85,513|
|Net|Net|Incoming/(Outgoing)|Incoming/(Outgoing)|
|Resources|Resources|before Transfers|before|Transfers|7,746|7,746|(227)|(227|-|7,519|7,519|10,351|10,351|
|Transfers|Transfers|Between|Between|Funds|Funds|-|-|-|
|Net|Net Incoming/(Outgoing)|Incoming/(Outgoing)|
|Resources|Resources|[for]|for the|the|Year|Year|7,746|7,746|(227)|(227|-|7,519|7,519|10,351|10,351|
|Other|Other|Recognised|Recognised|Gains|Gains &|&|Losses|Losses|
|Unrealised|Unrealised|Gains/(Losses)|Gains/(Losses)|on|on|
|Investments|investments|9,733|9,733|12,599|12,599|2,009|2,009|24,341|24,341|(8,633)|(8,633)|
|Net|Net|Movement|Movement|in|in|Funds|Funds|17,479|17|,479|12,372|12,372|2,009|2,009|31,860|31|,860|1,718|1,718|
|Fund|Fund|Balances|Balances|B/Fwd|[B/Fwd]|413,024|413,024|80,240|80,240|22,576|22,576|515,840|515,840|514,122|514,122|
|Fund|Fund|Balances|Balances|C/Fwd|CIFwd|430,503|430,503|92,612|92,612|24,585|24,585|547,700|547,700|515,840|515,840|

**----- End of picture text -----**<br>




4. 4. 

## GOODLY GOODLY DALE DALE COTTAGE[COTTAGE] HOMES HOMES 

## Balance Balance Sheet Sheet as as[at] at 6th 6th February February 2025 2025 


**----- Start of picture text -----**<br>
||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2025|Total|Total|Total|Total|
|Notes|Notes|Unrestricted|Unrestricted|Restricted|Restricted|Endowment|Endowment|2025|2025|2024|2024|
|£|£|£|£|£|
|Fixed Assets|Fixed|Assets|
|Tangible|Tangible|Assets|Assets|2|2|282,406|282,406|282,406|282,406|282,008|282,008|
|Investments|Investments|3|3|104,986|104,986|92,339|92,339|24,585|24,585|221,910|221|,910|197,569|197,569|
|387,392|387,392|92,339|92,339|24,585|24,585|504,316|504,316|479,577|479,577|
|Current Assets|Current|Assets|
|Debtors|Debtors|4|4|1,996|1,996|1,997|1,997|2,693|2,693|
|Cash|Cash|[at]|at Bank|Bank|&|&|[In]|In|Hand|Hand|5|5|45,060|45,060|320|320|45,380|45,380|37,361|37,361|
|47,056|47,056|320|320|-|47,377|47,377|40,054|40,054|
|Creditors|Creditors|-Amounts|-Amounts falling|falling due|due|6|6|(3,993)|(3,993)|-|-|(3,993)|(3,993)|(3,791)|(3,791)|
|within|within|one|one|year|year|
|Net Current|Net|Current Assets|Assets|43,063|43,063|320|320|-|43,384|43,384|36,263|36,263|
|Total|Total Assets|Assets|less|less|Current|Current Liabilities|Liabilities|430,455|430,455|92.659|92,659|24,585|24,585|547,700|547,700|515,840|515,840|
|Funds|Funds|[of]|of the|the Charity|Charity|
|Fund|Fund|balances|balances|B/fwd|B/fwd|412,977|412,977|80,287|80,287|22,576|22,576|515,840|515,840|514,122|514,122|
|Net|Net movement|movement|in|[in]|the|the|year|year|17,479|17,479|12/372|12,372|2,009|2,009|31,860|31,860|1,718|1,718|
|Fund|Fund|balances|balances|C/fwd|Cifwd|430,455|430,455|92.659|92,659|24,585|24,585|547,700|547,700|515,840|515,840|

**----- End of picture text -----**<br>


The The notes notes on on pages pages 6a 6a to to c c form form part part[of ] of these these accounts. accounts. 


**----- Start of picture text -----**<br>
Approved Approved by by  the [the]  Trustees Trustees  on on PET» SarayQZ 2ogo<br>ee Trustee Trustee<br>F /<br>Trustee<br>**----- End of picture text -----**<br>




5a. 5a. 

## GOODLY GOODLY DALE DALE COTTAGE COTTAGE HOMES HOMES 

## Notes Notes to[to] the the Financial Financial Statements Statements for[for] the the year year ended ended 6th 6th February February 2025 2025 

## 4. 1. Accountinq Accounting Policies Policies 

> The The financial financial statements statements have have been been prepared prepared in[in] accordance accordance with[with] applicable applicable 

> accounting accounting standards, standards, SORP SORP 2015, 2015, and and the[the] Charities Charities Act Act 2011. 2011. 

> a) a) Accounting Accounting Convention Convention 

> The The financial financial statements statements are are prepared prepared under under the[the] Historical Historical Cost Cost Convention Convention as as modified modified[to] to include include the[the] revaluation[revaluation] of[of] investments. investments. 

> b) b) Income Income Income Income represents represents payments payments collected[collected] from[from] residents[residents] of[of] Goodly Goodly Dale[Dale] Cottages[Cottages] and[and] Investment Investment Income Income receivable.[receivable.] c) c) Investments Investments Investments Investments in[in][Unit] Unit Trusts Trusts are are included included on on the the Balance Balance Sheet Sheet at[at] their their market[market] value[value] at[at] 

> the the year year end. end. The The difference difference between between their their market market value value and and their their original original cost cost are are transferred transferred to to the the accumulated accumulated funds funds as as a a reserve reserve movement. movement. 

> d) d) Depreciation Depreciation 

> Depreciation Depreciation is[is] calculated calculated[to] to write[write] off[off] the[the] cost cost of[of] assets assets over over their their estimated estimated useful[useful] life. life.[Plant] Plant and and Machinery Machinery are are depreciated depreciated at at a a rate[rate] of of 15% 15% on on a a reducing reducing balance balance basis. basis. No No depreciation depreciation is[is] charged charged on on freehold freehold land. land. Freehold Freehold buildings[buildings] are are depreciated depreciated[to] to write[write] off the cost off the cost less[less] estimated estimated residual[residual] value[value ] over over their their remaining remaining useful useful lives lives by by equal equal instalments. instalments. Where Where buildings buildings are are maintained maintained to to such such a a standard standard that that their their estimated estimated residual residual value value is is not not less less than than their their cost,[cost,] no no depreciation depreciation is is charged. charged. 

## e) Cash Cash Flow Flow Statement Statement 

The The Charity Charity has has adopted adopted Financial[Financial] Reporting Reporting Standard Standard No. No. 1[1] (Cash (Cash Flow Flow Statements) Statements) and and has has taken taken advantage advantage of[of] the the exemption exemption available available to to small small charities charities not not to[to] prepare prepare oneone. 



5b. 5b. 

> 3. 3. 

## GOODLY GOODLY DALE[DALE] COTTAGE COTTAGE HOMES[HOMES] 

## Notes Notes[to] to the the Financial Financial Statements Statements for for the the year year ended ended 6th 6th February February 2025[2025] 

> 2. 2. Tangible Tangible[Fixed] Fixed Assets[Assets] 

||Land&<br>Land &|Plant&<br>Plant&||
|---|---|---|---|
||Buildings<br>Buildings|Machinery<br>Machinery|Total<br>Total|
||£|£|£|
|Cost||||
|As at 7th February2024<br>As at7th February2024|280,103<br>280,103|6,901<br>6,901|287,004<br>287,004|
|Additions<br>Additions|-|249<br>249|249<br>249|
|Disposals<br>Disposals|-|(2,617)<br>(2,617)|(2,617)<br>(2,617)|
|As at 6th February 2025<br>Asat6th February2025|280,103<br>— 280,103.|4,533<br>«4,533|284,636<br>«284,636|
|Depreciation<br>Depreciation||||
|As at 7th February2024<br>As at7th February2024|-|4,996<br>4,996|4,996<br>4,996|
|Charge for the year<br>Charge fortheyear|-|(227)<br>(227)|(227)<br>(227)|
|Eliminated on Disposals<br>Eliminated on Disposals||(2,539)<br>(2,539)|(2,539)<br>(2,539)|
|As at 6th February2025<br>As at6th February 2025||2,230|2,230|
|Net BookValue at 6th February2025<br>NetBookValue at6th February2025|280,103<br>280,103|2,303<br>2,303|282.406<br>282,406|
|Net BookValue at 6th February2024<br>NetBookValue at6th February2024|280,103<br>280,103|1,905<br>1,905|282,008<br>282,008|
|The Land & Buildings are valued for insurance purposes at<br>TheLand&Buildingsarevaluedforinsurancepurposesat|£5,016,832|||



## Fixed Fixed Asset Asset Investments Investments 

|Fixed Asset Investments<br>Fixed Asset Investments|||
|---|---|---|
||2025<br>2025|2024<br>2024|
|unit Trusts listed on the I-JK stock exchange<br>UnitTrusts listed on the UK stock exchange|E|£|
|Market Value at 7th February2024<br>MarketValue at 7th February2024|197,569<br>197,569|206,202<br>206,202|
|Addiüons at cost<br>Additions at cost|-|-|
|Disposals<br>Disposals|z|-|
|Revaluation<br>Revaluation|24,341<br>24,341|(8,633)<br>(8,633)|
|Market Value at 6th February 2025<br>Market Valueat6thFebruary2025|221.910<br>~~ 221,910|197,569<br>197,569|
|Debtors<br>Debtors|||



Prepayments Prepayments and and Accrued Accrued Income Income 

||2025<br>2025|2024<br>2024|
|---|---|---|
||£|£|
||1,996<br>1,996|2,693<br>2.693|
|_|1 ,996<br>1,996|2,693<br>—«2,693_|



4. 4. 



5G: 5c. 

## GOODLY GOODLY DALE[DALE] COTTAGE[COTTAGE] HOMES HOMES 

## Notes Notes to to the the Financial Financial Statements Statements for for the the year year ended ended 6th 6th February February 2025 2025 

|5.<br>3:|Cash at Bank and in Hand<br>Cash at Bank and in Hand|||
|---|---|---|---|
|||2025<br>2025|2024<br>2024|
|||£|£|
||CurrentAccount<br>CurrentAccount|18,807<br>18,807|15,651<br>15,651|
||Savings Account<br>SavingsAccount|26,506<br>26,506|21,627<br>21,627|
||Cash in hand<br>Cash in hand|68<br>68|83<br>83|
|||45,380<br>45,380|37,361<br>37,361|
|6.<br>6.|Creditors<br>Creditors|||
|||2025<br>2025|2024<br>2024|
|||£|£|
||Accountancy Fees<br>Accountancy Fees|2,076<br>2,076|1,980<br>1,980|
||Heat & Light<br>Heat & Light|1,679<br>1,679|1,679<br>1,679|
||pAYE<br>PAYE|126<br>126|97<br>97|
||Payroll Processing<br>Payroll Processing|30<br>30|30<br>30|
||Bank Charges<br>Bank Charges|5<br>5|5<br>5|
||Nest pension<br>Nestpension|77<br>rid|-|
|||3,993<br>3,993|3,791<br>3,791|



6. 6. 

> 7. Za 

Trustees Trustees Indemnity[Indemnity] Insurance Insurance 

During During[the] the year Trustees year[Trustees] Indemnity[Indemnity] insurance[insurance] was was paid paid by[by] the[the] charity, charity, amounting amounting to[to] £291.[E291.] 

> 8. 8. 

## Restricted Restricted Funds Funds 

||Social<br>Social|Extraordinary<br>Extraordinary|Total<br>Total|
|---|---|---|---|
||Fund<br>Fund|Repair<br>Repair||
|||Fund<br>Fund||
|Income from Fundraising<br>Incomefrom Fundraising|129<br>129|-|129<br>129|
|Expenditure<br>Expenditure|356<br>356|-|356<br>356|
|Net Movement beforeTransfers<br>NetMovement beforeTransfers|(227)<br>(227)|-|(227)<br>(227)|
|Gains on investments<br>Gains on investments|-|12,599<br>12,539|12,599<br>12,599|
|Transfer to General Fund<br>Transfer to General Fund|4|-|-|
|Fund Balances Brought Forward<br>Fund Balances Brought Forward|547<br>547|79,740<br>79,740|80,287<br>80,287|
|Fund Balances Carried Forward<br>FundBalancesCarriedForward|320<br>320|92,339<br>92,339|92,659<br>92,659|





5d. 5d. 

## GOODLY GOODLY DALE DALE COTTAGE COTTAGE HOMES HOMES 

|GOODLY DALE COTTAGE HOMES<br>GOODLY DALE COTTAGE HOMES||||||5d.<br>5d.|
|---|---|---|---|---|---|---|
|Notes to the Financial Statements for the yearended<br>Notes to the Financial Statements forthe yearended|ended 6th <br>ended 6th|February 2025<br> February 2025|||||
|9.<br>DetailedIncome & Expenditure Account<br>9.<br>Detailed Income& Expenditure Account|||||||
||||2025<br>2025||2024<br>2024||
||Notes<br>Notes||£|£|£|£|
|INCOME<br>INCOME|||||||
|Residents Payments<br>Residents Payments||||95.153<br>95,153||89.633<br>89,633|
|Guest Room<br>GuestRoom||||490<br>490||440<br>440|
|Investment Income<br>InvestmentIncome||||5,784<br>5,784||5,575<br>5,575|
|Interest Recetved<br>InterestReceived||||880||127<br>127|
|Fundraising<br>-<br>Soctal Fund<br>Fundraising -<br>Social Fund||||129<br>129||89<br>89|
|||||102,435<br>402,435||95,864<br>95,864|
|EXPENDITURE<br>EXPENDITURE|||||||
|Property Expenses :<br>PropertyExpenses :|||||||
|aectricity<br>Insurance<br>Electricity<br>Gas<br>Insurance|||2,460<br>11,837<br>3,341<br>2,460<br>11,837<br>3,341||2,816<br>11.891<br>3.348<br>2,816<br>11,891<br>3,348||
|Repairs& Maintenance :<br>Repairs&Maintenance :|||||||
|Routine Repairs<br>Routine Repairs|||13,470<br>13,470||12,721<br>12,721||
|Lifeline<br>Lifeline|||1,905<br>1,905||1,762<br>1,762||
|Telephone<br>Telephone|||797<br>797|(33,811)<br>(33,811)|751<br>751|(33.288)<br>(33,288)|
|Staff Costs<br>StaffCosts|||||||
|Gross Salaries<br>Gross Salaries|||22,008<br>22,008||21,017<br>21,017||
|Employers National Insurance<br>Employers National Insurance|||-||<||
|Pension<br>Pension|||287<br>287||241<br>241||
|Council Tax<br>CouncdTax|||2,248<br>2,248||2,148<br>2,148||
|Water Rates<br>Water Rates|||423<br>423||386||
|||||(24,966)<br>(24,966)||(23,791)<br>(23,791)|
|Other Expenses<br>OtherExpenses|||||||
|Accountancy& Independent Examination Fees<br>Accountancy& Independent Examination Fees|||2,136<br>2,136||1.980<br>1,980||
|Christmas Gifts & Outings<br>Christmas Gifts&Outings|||830<br>830||1,343<br>1,343||
|Social Fund<br>Social Fund|||356||326<br>326||
|Sundry Expenses<br>Sundry Expenses|||431<br>431||412<br>412||
|Postage& Stationery<br>Postage & Stationery|||257<br>257||410<br>410||
|Professional Fees<br>Professional Fees|||360||360||
|Trustees Insurance<br>TrusteesInsurance|||291<br>291||291<br>291||
|Subscriptions<br>Subscriptions|||452<br>452||278<br>278||
|Bank Charges<br>Bank Charges|||62||71<br>71||
|Depreciation<br>Depreciation|||(227)<br>(227)||336||
|||||(4.947)<br>(4,947)||(5,808)<br>(5,808)|
|Loss on Equipment Disposals<br>Losson Equipment Disposals||||(78)<br>(78)||-|
|Excess ofIncome over Expenditure<br>Excess ofIncome overExpenditure|||||||
|before Exceptional Expenditure<br>beforeExceptional Expenditure||||38,634<br>38,634||32,977<br>32,977|
|Exceptional Maintenance<br>Exceptional Maintenance||10<br>10||(31,115)<br>(31,115)||(22,626)<br>(22,626)|
|Net Surplus<br>Net Surplus||||7,519<br>7,519||10,351<br>10,351|
|Reserves BF<br>ReservesBF||||515,840<br>515,840||514,122<br>514,122|
|Revaluation<br>of Investments<br>Revaluation ofInvestments||||24.341<br>24,341||(8,633)<br>(8,633)|
|Reserves C/F<br>ReservesC/F||||547,700<br>547,700||515,840<br>515,840|





> GOODLY GOODLY DALE[DALE] COTTAGE COTTAGE HOMES[HOMES] 

5e. 

## Notes Notes to[to] the the Financial Financial Statements Statements for[for] the the year year ended ended 6th[6th] February[February] 2025[2025] 

## 10. 10. Exceptional Exceptional Maintenance Maintenance 

New New window window at[at] No No 14 14 GD GD 2,076 2,076 New New french french window window No No 9[9] GD GD 1,499 1 ,499 New New windows windows No No 1-8[1-8] GD GD 9,838 9,838 Gutter Gutter repair repair No No 4 4 GD GD 2,088 2,088 Outside Outside painting[painting] 9-12[9-12] GD GD 1,995 1,995 Complete Complete refurb[refurb] 15[15] GD GD 9,453 9,453 New New boiler boiler[I] 11[I] GD GD 3,470 3,470 Roof Roof repair repair IO 10 GD GD 696 696 31,115 31,115