REG15Tf RED cHAR￿y NUMOEA: 255180
REPORTOFTHÈ TRUSTEESAPID
U14AUDITED HNANCIALsfATEME14T5
FOR THE YfAR EI4DED 30JU14E 2024
FOA
FQTrIE8eY ALMSHOLISE tHARThlf5
DuD¢an & Toplls Limited
0￿eV House
LSncoln Way
Louth
Lincolnshire
LNII OLS

FOTHERBY ALMSHOUSÉ CHARITIES
COP4TENT5 OF THE F114ANaAL STATÉMENrs
FOR THE YEAR ENDEO ao JUNE 1014
Pai
R•port otthe Tfustees
Independent Examlner's ftoport
ststsment of Flth•ndalActl¥lties
51alemerf of Flrt•n¢l•l Poshlon
otes to the Flnanclal Stat¢m¢ntS
6 to 10
Deialled Statement of Flnanthl ACtI￿tIl$
li

FOTHERBY ALMSHOLfsE CHARITIES
REPORY OF YHE TRUSTEES
FQR THf YEAR ENDED 30JIINÈ 2024
The trustees present their report with the financial statements of the charity for the year ended 30 lune 2024. The trusiees have adopted the
provi5iQn5 of Accountln8 and Reportln8 by Charities.. Statèment of Recommended Practite applicable to charltles preparing their accounts in
accordance wkh the Flnanclal Reportins Standard appllcable in the UK and Republlc of Ireland IFRS 1021 (effective l January20191.
OBJECnVES ANDA￿1VITIEs
5I¥n6h¢antOrtl￿lfjes
The charitywa5 established by the late Everitt Allenby and endtswed by hini pursuant to hi5 provision of six almshouses In ihÈ paHsh ¢f Fotherby
In the county of Lincolnshire, In 1867. The rrusr*es have since ttten continually maintained and ennanced their provi&on ot sheltered hou51n8
forthose quallfylng forthe stheme.
In 2024the net galn on investments was £19,22912023'. net¥ain of £3,483>.
Publlt benefft
In the furtherance of the objectsof the ¢harty, the Trustees have had due Te8ard to Chariiy Commission Éeneral Ruidance on public benefit.
FINANCIAL REWEW
Aeserve5 poIIcy
The Trustees feview the reserve levels of the charity annually. The charlly's level of free reserves at 30Jone 2024 w85 É246,508, a sum that has
accumulat￿ over manyyears.
The reasoTr for reserves being accumulated is to provide sufficient worklng Cap￿81 to cover d￿4¥$ between 5p2nding and receipt of monies ènd
to provide a cushion to deal wirh unexpEcted Issues suth as ur8ent rnainienance and renovation worl the cost of which ¢an be significant.
STRucfuRE. GOVERP4APKE AND MANAGEMENT
Gweinlni drfumeni
The governing document of tfve chaiiy and It$1Snked bodies Is a scheme dated 22July 1969 as amended bya scheme dated 13 July 1992.
Indu¢iion •nd Lralnln8 ol ￿￿trus*￿E5
The traillin8 and induction provided for new Trustees wlll depend on their existing eKperience. Where necessary, induct10n wlll provlde training
on charity, le8al and financial matters. All new Trustee5 are gwen the opportunity of a visit to the Almshouses and the chance to meet with
other Trustees.
l Tru5tee5 are provided with copies of policies. proeedure5, minutes, account5, budgets, plans and other documents thét they will need to
undertake thelr role as Trustee5. A5 there are normally few new Trustees a year, Induction terTrds to be done inforrnalty and Is tailored to the
needs of rhe IndNldual.
Wlder netWQTk
The constituents Otthe Fotherby Almshouse Charides3re".
FotherbyAlmshr>use5 IchaNty number 225280-11
FotherbyAlmshouses AllerTrby Endowment Icharlty number 225280-21
FotherbyAlm5hou5es Further Endowment Fund Icha￿1¥ number 225280-31
john Allenby Coal Fund l¢barlty number 225282-41
lottn Allenby Repair Fund (charity number 225280-51
john Allenby Beef and Flour Fund l¢harty number 225280-61
Rlsk manatement
The trustees have a duty to Idtntlfy •nd revlew the risks to which the Gharlty 15 exposed and to ensur¢ opproprlatt conirols are Iii ￿dLe tu
provide reasonable assuranie against fraud and error.
The Trustees have assessed the major risk5 to which the or8anisation Is exposed. In partlcularthose relating to the
provision of facilities to Alm5per50ns and its finances.
The Trustees have IMp￿mented a numbef of 5y5tems to a￿55 riski espeCIal￿ In the operational areas le.K. In
rela￿0￿ to property maintenance, and the health and safetyof Alm5per50n513nd in relatlon to the control of fSnance.
Monitorfng systems and internal financi31 controls hawe been introduced and upheld in order to minimise risk. Where
$18nifi¢ant financial rlsk stlll remain5. the Trustees have ensured ihey have adequaie Insurance cover.
Page I

FOTHERBY ALMSHOUSE CHARmE5
RÉPORT OF THE TRUSTEE5
FOR THE YEAR ENDED IOJU14E 2024
REFERE14CE AND ADMINISTRATNE DETAILS
Registered Ch•rlty thumb*r
255280
prIn￿paI address
Mrj Crawford
Lyndon Crescent
Louth
LNII OBJ
Truste
A 5 PrSd8eon
C LakiDg
H M stubbs
M Thornalley
T Hunter
Mrsj Harrfs
Mrs L Thompson
Mr5 C Chen
Indèpendeftt Ex•mlner
Duncan & Toplis Limited
Oxley House
ncoln Way
Louth
Lincolnshire
LNii OLS
B•n&trs
Lloyds Bank pl£
24 Mercer Row
Louth
LNII OBJ
Approved by orderof the board of trustees on.....................
nd 5i8ned on it5 bEhalf bv..
Trustse
Page 2

INDEPENDENT EXAMINER'S REPORTTOTHE TPU5TEES OF
FOTHERBY ALMSHOUSE CNARITIE5
Independent examlner's report to theiwstees of FotherbyAlmshou5e tharltles
I reporr to the ¢hartty trustees on my exarnination of the accountsof Fotherby ￿m$hOuse Charltles ItheTrustl forthe yearended 30June 2024.
Re5ponslbllltles and basis of ieport
As rhe charity trustees of the Trust you are responsib￿ forthe preparation ol the accounts In actordance with the re4ulrements of the Charities
Act 20111'theAtti.
I report in respect Of my examination of the Trust'5 accounts Carr￿ out under Section 145 ol the Act and in carrwng out my exarnination I have
lollowed all applicable Directions 8iven by thÈ Charity Commlsslon underSettion 14515llbl of the Act.
emamihet's statement
I have cornpleted my exarnination. I confirm that no materlal matters have come to my attentlon in connection with the examination 8Ning me
cause to believÈ that In any material respect..
accounting record5 were not kept in respect of the Tru# as requlred by Section 130 of the Ait. or
the accounts do noi a¢¢ord those reiord5,' or
the accounts do not comply with the ap￿ICable requirements concernlng the form and Content of accounts set out in the Charities
IAccount5 and Aeport51 Re8ulaiions 2008 other than any requlrement that the accounts give a true and fair view whith Is not a matter
consldered as part of an Independentexamination.
I have no iunierns and have come across no other matters in connection wlth the examlnatSon to which attention Should be dra%vn in this
re￿rt in order to enable a proper understandiDg of the account5 10 be reached.
Rachel BarreTI IFCCAI
Duncan & Toplls Llmited
Oxley House
ncoln Wav
Louth
LNII QLS
Date..
Pa¥e 3

FQTHERBY ALMSHOUSE CHARITIES
STATEMENT OF F114ANCIALAcnvinES
Foft THE YEAR ENOED ao Jut4E 2024
2024
Total
fund5
2023
Unrestricted
fund
Restrtcted
fund
fund5
Noies
INCOME AP4D ENDOWMEPIT5 FROM
Chatlt•ble a¢tlvétles
Almspersons. maintenance and heatin8contrlbutions Inet
of void5 of £Nill
26.257
26.257
23.515
Investment Income
2,933
2,933
2,567
Tot•1
29,190
29,190
26,082
EXPENDITURE ON
Chaiitable •rtI￿￿e5
Alm5hou5e Costs
16,789
16.789
24,768
Net8ain5 on investrnents
19,229
19.229
3,483
NET INCOME
31,630
31.630
4.797
REC014CILIATION OÈ FUNDS
Total funds bfought forward
214,878
435,000
649,878
645,Q81
TOTAL FUNOS CARRIED FORWARD
246,508
4a5,000
681,508
649,878
The notes fom partof these financial statements
Page 4

FOTHERBY ALMSHOUSE CHAwnES
STATEMENT OF FINANCIAL POSITION
30JLINE 2024
2024
2023
Total
funds
Unresiriaed
fund
Restritted
fund
fund5
Notes
FIXEDASSETS
Tangible assets
Investments
1135,WO
435,(KKI
215.579
435.000
195,960
215,579
215,579
435,(MJU
630.Y60
CLIRRENT ASSETS
Debtors
Cash at bank
1,397
32,227
1,397
32,Z27
355
23,527
33,624
33,624
23,882
CREDITORS
Amounts fallin8 due wlthin one year
12.6951
116951
14.9641
NETCURRENT ￿SEr5
30,929
30,929
18.918
TOTALASSETS LESS OJRRENT LIABILmE5
246.508
435,COO
681,508
649.878
NET ASSETS
246,508
435.LV)
681,S08
649,878
FUN05
Unrestricted fvnds
Restricted fund5
246.508
435,OLY)
214,878
435,WO
TOTAL FVMDS
681,508
649,878
The f4nan¢lal statements were approved by the Board of Trustees and auihorised for15sue on
it5 bEhalf bv..
IS oi. Zo*
and were Signed on
T￿￿tee
Trustee
The notes form part of these linanciol staternents
Page S

FOTHERBY ALMSHOUSE CKARITIE5
PKITESTO THE FINANCIAL sfATÉMENT5
fo* THÉ YEAR ENDED JO JUNE 2024
ACCOUNnNG POLICIE5
B4s1s olprep•rl#¢ the flnanclal 5tat•m•nts
The financial statements of the charlty. whlch 1$ 3 public benEfit entity under FAS 102, have been prepared in accordance with the
Chadtle$ 50PP IFRS 1021'AccouiTrtin8 and Rewrtin8 by Charltles. Statement of RecommeDded Practice applicable to charitie5 preparlng
the4r accounts in accordance with the Financlal Rtportlni Standard applicable in the UK and Republic of Ireland IFRS 1021 lemective I
January 20191,, Finan¢l31 RèportinÈ Standard 102 'The Financial Reporting Standard applitable in the UK and Republic of Ireland, and
rhe Chèrities Act 2011. The financial statements have been prepared under the historical c05t convention, with the exception of
invesiinenis w#ich are Included at market value, as mo4ified bythÈ revaluation ot certain asset5.
In¢ome
All income is rero8nised In the Statement of Financial Actwitie5 once the charity has entitlement to the funds. It L% probable that the
income will be re£e1¥￿ and the amount can be measured reliablv.
Expenditurt
Liabilitie5 are recognlsed as expenditure as 500n a5 there 15 a legal or constructlve obltqatlon commlttlnE the Charity to that
expenditure, ti is probable that a transfer of economic benefits will be required in settlefnent and the amount of the obll8atioTh can be
measured reliably. Expendffure Is •¢¢ounted for on an actruals basis and has been c135sifled under he&dlngs that aggregate all cost
related ro the cate80ry. Where costs cannot be dlreetly attributed to particular headings thèy have been allocated to artiwties an
bosls conslstent with the use of resource5.
Tan8ible Ilxed a55ets
Almshouses are rnaintained to such 3 standard that their resldual walue is tonsldered to be not le5S than their c05t or mosi recent
valuation. Consequently no depreciation Is char8ed.
Tax*l¢n
The charity is exempt frorn tax on its chantable actlvltles.
Fund awivntlni
Unresrrlcred lunds can be used in accordance with the charrtable obje¢tives at the dts¢retlon of thetyustees.
Restricted funds can only be used for particular restricted purp05e5 Wlthin the objeas of the charlt¥. Restrlctlons arise when specified
bythe donor orwhen fvnds are raised for particular restricted purposès.
Further explanaiion of thè ftature and purpose of each fund is included in the notes to the flDanclal statements.
INVESTMENT INCOME
2024
2023
Dlwldends
2.93a
2,567
TRUSTEES. REMUt4EKATION A140 BENEFITS
There wert no tNstees' remuneration orotheTbenefit5 forthe year ended 30June 2024 norlorthe yearended 30June 1029.
Trustees. expens¢s
There were no trustee5' expense5 paid for the year ended 30June Z024 nor lor the year elided 30 Juiiv 2023.
Page 6
contlnued...

FQTHERBY ALMSHOUSE CHARITIE5
NOTES TO THf FINANCIAL STATEMENTS-cohtlnued
FOR THE YEAA ENOED ao JUNE 2024
COMPARATIVES FOR THESTATÉMENTOF FIP4ANCIALAcrivmES
Unrestriued
fund
fund
fvnds
INCOMÉ AND ENDOWMENTS FROhl
Cha¥ifable atth*hles
m5per50ll5' maintenance and heatingcontrlbutlons
(net of voids of ENill
23,515
23,515
Investment income
2,567
2.567
Toial
26,082
26,082
EXPENDITURE ON
Chaflt•blt artivllies
Almshouse Costs
24,768
24,768
Netgains on Investmenis
3,483
3,483
t4Ef INCOME
4,797
4,797
RÉCONCILIATION OF FUNDS
Total funds brou8ht forward
ZIO,081
435.cllo
645,081
YOTAL FUt4D5CARRIED FORWARD
214,878
435.(XlO
649.878
TANGIBLE FIXED A55ETS
Freehold
property
Cosr
At l July 2023 and 30June 2024
435,rrtA)
NET BQOK VAiUE
At 30June 2024
435,0(X)
At 30June 2023
43S.OCrf)
Pa¥e 7
tontinued...

FI)THERBY AiMSHOIISE CHARThIES
NOTES TO THE FINAt4CIAL 5TATEMENTS-contlnued
FOR THE YEAR ENDED 30JUNE 2024
FIXED ASSET INVESTMENTS
Investments
MARKETVALLIE
At l July 2023
Additions
Revèluations
195,960
390
19.229
At iujune iv24
Z15,57Y
IIETBOOK VALUE
At 30 june 2024
215,579
At 10 lune 2023
195,960
There were no investment assets outside the UK.
CostorvaluatSon at 30 June 2024 ts represented by..
Investments
Valuation in 2024
215,579
DE8TOIIS.. AMOUNTS FALLING DL¢E WITHIN ONE YEAR
2024
20Z3
Prepald expen5e5
1,397
355
CREOThO4S.. AMOUNTS FAiLING DUE W￿MIll ONE YEAR
2024
2023
Trade tredltors
2.695
4,964
MOVEMEIIT IN FUNDS
Net
movement
sn funds
At
30.6.24
At 1.7.23
Unrestrlrted funds
General fund
214,878
31.630
246,508
Restrlded funds
Restricted fund
435,0Th)
435,000
TOTAL FUNDS
649,878
31.630
681,508
Page 8
continued...

FOTHERbY ALMSHOUSE c￿ARME5
NQTESTOTHE FINANCIAL SYATEM£NT5- ¢oDtlthued
FOR THE YEAR ENOED JOJUNE 2024
MOVEMENT It4 FlJNDS-￿)y+tIh￿td
Net movement in fund5. included In the above ère asfollow5'.
Incoming
resources
Resources
expended
GaSns and
Movement
in funds
Unr¢st¥lrted fufjds
fjeneral fufid
9,lYV
116,7891
19.219
31,630
TOTAL FUNDS
29,190
19,229
31,630
CafflpJratfve5for movemetht [• fund5
Net
movement
In funds
At
30.6.23
At 1.7.2Z
Llnre5trlcted fvnds
General fund
210,081
4.797
214,878
flestrirttd lund5
esthcted fund
435.(K)O
435,CrfJO
TOTAL FUNDS
645,081
4.797
649,878
comparative net movement in fund5, included in the above are as follows..
Incofflin8
resources
Resources
Èxpended
Galns an
Movement
In funds
Unresirfttedlunds
General fund
26,08Z
124.7681
3,483
4,797
TOTAL FUNDS
26,082
124,7681
3,483
4,797
A current year 12 months and prbr year 12 months combined position Is as follows,.
Net
ovement
in fund5
At
30.6.24
At 1.7.22
Unre5trlrtedfunds
General fund
210.081
36,427
246.508
Re5trlct¢d funds
Restricted fund
435.(
435,(XM)
TOTAL FUNDS
645,081
36,427
681,508
Pa8e 9
continued...

FOTHERBY AiMSHOIJSÉ CHARITIES
PIOTES TO THE FINANCIAISTATEMENTS- cantlnued
R THE YEAR ENDED 30JIJNE 1024
MOVEMENT IN FUNDS. contlnued
A current year 12 months and prior year 12 months combine(S net movèment In funds. Included In the above are as follows..
Incoming
resources
Re50urtts
expended
Galns and
losses
Movement
in funds
Un¥e$trided futr)ds
fje￿eral
141,5571
Z2,71Z
36,417
TOTAL FUNDS
55,272
141,5571
22.712
36.427
io.
RELATED PARTY DISCLOSiJAÈS
There were no ￿lated party transadlons for the year ended 30June 2074.
Pawe 10

FOTHERBY ALMSMOUSE CHARITIES
DETAILED STATEMEPIT OF FIPIANCIAI ACTIVITIES
FOR THE YEAR ENDED 30JUNE 2024
2024
20Z3
INCQMEAND EPIDOWMENTS
Inv¢stm•nt In¢om•
Omdends
2,933
2,567
Charltable •ctlvltle5
iontrityutions receivable
Serwce charge receivable
15,117
11,140
14,4fj8
9.047
26,257
23.515
Total In¢gmln8f¥sfiiir
29,190
26,082
EXPENDITURE
Ch•rltabl2 acllvltle5
Garden maintenance
Repairs and maintenance
Rates and water
1,647
1,592
1,452
928
434
1,758
7.740
1,331
1,020
308
250
949
6,780
Retainer fee
Alarm system monltorin8
1.263
5,691
13,007
20,136
support￿#$
Othgr
Clerk's salary and honorarlum
Independentexaminer's fees lincludin8 VATI
Sundries
Post38e and sta￿onery
Subscriptions
1,2
2,040
74
45
423
1,2
2,732
14
638
3.782
4,63Z
Total resources expended
16,789
24,768
Net Incor
12,401
1,314
ThSs pale does notform part ofthe statutory flnandal ststements
Pagell