REGISTERED CHARITY NUMBER: 255280
REPORTOF THE TRVSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
FOR
FOTHER8Y ALMSHOUSE CHARITIES
Duncan & Toplis Limited
Oxley House
Lincoln Wav
Louth
Lincolnshire
LNIIOLS

FOTHERBY ALMSHOUSE CHARITIES
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JtINE 2025
Page
Report oltheTru5tees
Independent Eyaminer's Report
St•ttment of Finanrial Actiwties
St*t*ment of Flnanrial Posltlon
Notes to the Finanrial Statemtttts
6 to 10
D¢tail¢d StHlemEnt ol Flnandal Adfvlti¢s
li

FOTHERBY ALMSHOUSE CHARITIES
REPORTOF THE TRUSTEES
FOR THE YEAR ENDED 30JUNE 2025
The trustees present their report with the financial statements of the charity lor the year ended 30 June 2025. The trustees have adopted the
provisions of Accounting and Reportin¥ by Charities.. Statement of Recornmended Practice applicable to ch3rities prÈparing thÈir accounts in
accordance with the Financi31 ReportSn8 Standard applicable in the UX ancl Republic of Ireland IFRS 1021 leffective l January 20191.
08JEcfivES AND AcnviMES
Significant activities
rhe charity was e5tabli5hed by the late EvÈritt AllÈnby and endowed by him pursuant to his provision of Six altn5hou5e5 in the parish of Fotherbv
in the County of Lincolnshire, in 1867. ThÈ trustees have since then continually maintained and enh3nced their provision of sheltered housing
lor those qualifying for the scheme.
In 2025 the net gain on investments was £12.55612024.' net gain of £19,229).
Publlc benefrt
In the furtherance of the objects of the £haiity, the Trustees have had due regard to Charity Commission general Euidance on public benefit.
FINANCIAL AEVIEW
Reserves pollcy
The Trustees review the reserve levels of the charity annually. The charity'5 level ol free reserves at 30 June 202S wa5 £268,938. a sum that has
accurnulated over rfiany years.
The reason for reserves being 4£cumulated is to provide sufficient working capital to cover delays between 5pendinE and receipt ol tnonies and
to provide a £ushion to deal with unexpected issues such as ur8ent maintenance and renovation work, the c05t of which can be significant.
sTrucruRÉ, GOVERNANCE AND MANAGEMENT
G¢)verniA8 doeyment
The governing document Of rhe ¢harlty and its linked bodies is a scheme dated 22 July 1969 as amended by a schetne dated 13 July 1992.
Induction and traininz ol new tntstees
The training and induction provided for new Trustees will depend on their existing experience. Where n&¢es￿ry, induction will provide t￿ining
on charity, legal and financial matters. All new Trustee5 are given the opportunity of 3 Vlslt to the Almshouses and the chance to meet with
other TFUStees.
All Trustees are provided with copies of policies, procedures, Ininute5, account5. budgets, plan5 and other docurnents that rhey will need to
undertake their role as Trustees. As there are normally few nev4 Trusteès a year, induction tÈnds to be done informalw and Is tailored to the
needs of the individual.
Wlder network
The con5tituent5 of the Fotherby Almshouse Charities are..
Fotherby Almshouses (charity number 225280-11
Fotherby Almshouses Allenby Endowrnent (charity number 225280-21
Fotherby Almshouses Furiher Endowment Fund (charity number 225280-31
John Allenby Co81 Fund Icharity number 225282-41
John Allenby Rep31r Fund (charity number 225280-51
John Allenby Beef and Flour Fund Icharrty number 225280-61
Rlsk management
The trustees have a duty to identify and review the r15ks to which the charity is exposed and to ensure appropriaie contro15 are in place to
provide reasonable assurance agèinst fraud and error.
The Trustees hawE assessed the major risk5 to which the organisatlon is exposed, In particular those relaring to
the provision of facilities to Almspersons and its finances.
The Trustees have implemented a number of 5yStem5 to assess risks, especially in the operational areas le.g.
in relation to property maintenance, 8nd the health and safety of AlmspÈrson51 and in relation to th@ control of finance.
Monitoring systems and internèl financial controls have been introduced and uphÈld in order to minimise risk.
Where significant financial risk still remains, the Trustees h3ve ensurÈd thÈy have adÈquatÈ insurance cover.
PaEe I

FOThERBY ALMSHOUSECHARMES
REPOIIT OFYHE TRUSTEES
FOR THE YEAR ENDED 3OJU14E 2025
REFERENCE ANO ADMIPIISTRATIVE 0£T￿Ls
ReKislered th•rity nymber
255280
PrSndp•l 4ddr•s5
Mr J Crèwford
8 Lyfidon Crescent
Louth
Llncolnshire
LNII 08J
Trustees
A S Pridgeon
C Laking
H M Stubbs
MThornalley
T Flunter
Mrs L Thompson
Mrs C Chen
Ms D J Ensell lappointed 14.10.241
Ind¢ptnd¢rt Exarnlner
Duncan & foplis Limited
Oxley House
LSncoln Way
Louth
Ilncoln5hife
LNII OL5
EVENf5 SINCE ThE END OF THE YEAR
Intormation ￿lating to eveTrts slnce the end of the year is 8wen In the notes to the financial statements.
App¥oved by order ol the board of trustees on........................... ................. and sigr*d on its behalf by..
TnJ5tee
Page 2

INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF
FOTHERhY ALM5HOU5E CHAFIITIE5
Independent exarninEr's r*pDrt ttsthe tIU5tees of Fotherby Almsh¢)use Charlties
I rep)rt fo the charlty trustee5 on rny exarninatlon of the accounts of Fotherby Almshouse Charities Ithe Trust) for the yearended 30JU￿e 2025.
ftesponslbllitles and basls ol report
As the charity trustees of the Trust you are responsible forthe preparation of the atcouTrt5 in accordance with the requirernents of the Charities
Act 20111'the kt'l.
I report in fespect of my emarnination of the Trust's accounts carried out under SectSon 145 of the Aci and in carrying out my examinatlon I have
followed all applicable Directions given by the Charity Commission under 5ertlon 14515llbl of the Act.
I1￿ePendent examiner's statement
I have completed my exarnination. I confirrn that no rnaterlal matter5 have come to my attentlon In conpectlon with the e¥aminatlon glySni me
cause to belleve that In any materlal respect..
accounting records were not kept in respect of the Trust a5 required by Sectiofi 130 01 the Act,. or
the accounts do not accord wlth those records,. or
the accounts do not comply with the appllcable requlrements concernsng the fofm and content of accounts set out in the Charsties
(Accounts and Reports) Regulatlons 21Y18 other rhan any requirement that the acccunts give a true and fair vlew whlch is not a mètter
considered as part of an inde￿ndefit examination.
I have no con¢erns and have come across no other matters in connection with the examination to which attention should be drawn in this
report In order to enable a proper understandlng of the accounts to be reached.
Rachel 8arrett IFCCAI
DuncJn & Toplis knmlted
O¥ley House
Lincoln Way
Louth
Llncolnshire
LNII OLS
2910412028
Date..
Page 3

FOTHERBY ALMSHOLISE CHARMES
STATEMENT OF FINANCIAL ACllVlllES
FOR TME YEAR ENOED 30 JUNE 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
fund
Notes
INCOME AND ENDOWMENTS FROM
Charf(able activhles
Almspersons, maintenance and heating contribution5 Inet
of voids of £Nill
27.798
27,798
26,257
Investment Income
3,106
3,106
2,933
Total
30,904
30,904
29,190
EXPENDITURE ON
Charitable artlvttles
Almshouse Costs
21,030
21,030
16,789
Net gains on investments
12,556
12,556
19,229
NET INCOME
22,430
22,430
31,630
RECONCIUAnON OF FUNDS
Total funds broueht forward
246.508
435.0
681,508
649,878
TOTAL FUNOS CARRIED FORWARD
268,938
435,000
703,938
681,508
The notes form part of these fInanc￿al 5tatetnents
Page 4

FOTHER8Y ALMSHOUSE CHARITIES
STATEMENT OF FINANCIAL POSITION
30JUNE 2025
2025
Total
fvnds
2024
Total
fund5
Unrestricted
fund
Restricted
fvnd
Notes
FIXE O ASSETS
Tangible assets
Investments
435,000
435,￿0
214,251
435,CK)O
215,579
214,25L
214,25L
435,000
649,251
650,579
CURRENT A55ETS
Oebrors
Cash at bank
463
57,034
463
57,034
1,397
32,227
57,497
57,497
33,624
CREDITORS
Amounts falllng due wlthln one yÈar
12.8101
12,8101
12,6951
NETCURRENT ASSETS
54,687
54,687
30,929
TOTALASSEfs LESS CURRENT LIA8ILmES
268,938
435,000
703,938
68J,508
NET ASSETS
268,938
435,000
703,938
681,508
FUNOS
Unrestricted funds
ResrrirtÈd funtJ5
268,938
435,0
246,508
435.000
TOTAL FUNDS
703.938
681,508
The fin8ncial statÈments werE approvÈd by th@ Board of TrustÈes Ènd authorised for i55ue on
Its behalf by..
and were signed on
Trustee
Trustee
The notes form part of these financial statements
Page S

fOTHER8Y ALMSHOVSE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
ACCOUNTING POLICIES
Basls of Preparing the fSnancSal statements
The financial statÈment5 of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the
Charities SORP IFRS 1021'Actounting and Reporting by Chèrities.. 51atement of RÈcominended Practice applicable to charities preparing
their accounts in ètiofdante with the Fin8ncial Reporting standard applicable in thÈ UK End Republic of Ireland IFflS 1021 (effective I
January 20191,, Financial Reporting srand3rd 102 'The Financ121 Reporting Standard applicable in the UK and Republic of Ireland, and
the Charities Act 2011. The financial statements have been prepared under the historical t05t convention. with the exception ol
investmefits which are included at market value, as MOd￿fied by the rev31u3tion of certain a55et5.
Income
All Income is rEcogni5ed in the Statement of Financial ActFvitles once the tharity ha5 eDtitlernent to the funds, it is probable that the
income will be received and the amotsnt can be measured reliably.
Expendlture
Liabilities are recognised as expenditure as soon as there Is a legal or construcrive obligation committing the charity to that
expenditure, it is probable that a transfer of economic benefits will be required in Settlement and the atnount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings th3t aggregate all cost
related to the cètegory. Where costs cannor be directly attributed to Particular heading5 they have been allocated to activitie5 on a
basis consistent with the use of resources.
Tan8lble flxed a$S￿S
Almshouses are maintained to such a standard that their residual value is Considered to be not less than their rn05t recent valuation
Consequently no depreciation is charged.
T￿atIon
The char1ty is exempt from rax on its charitable activities.
Fund accountSng
Unrestricted fund.. Unrestricted funds are available to be used for any purpose appropri3te to the charity's charitable obietts.
Restricted fund.- Restricted funds may be used for any purposes that are consistent with the objects of the donor, namÈly the
accoTnmod1t￿Tr and support of older people.
INVESTMENT INCOME
2025
2024
Dividends
3,106
2,933
TRUSTEES, REMUNERA￿0￿ AND BENEFITS
There were no tru5tee5' remuneration orother benefits forthe year ended 30 June 2025 ncr for the year ended 30 June 2024.
Tm$t¢es' e¥penses
There were no trustee5' exppn5e5 paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Page 6
conrinued...

FOTHERBY ALMSHOUSE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR ThE YEAR ENDED 30 JUNE 2025
COMPARATIVES FOR THE 5TATEMENTOF FINANCIAL ACTIVITIES
Unrestrirted
fund
Restricted
fund
Total
funds
INCOME AND ENDOVIMENTS FROM
Charrtable 3rtivitie$
Almspersons, maintenance and heatlne contrlbutions
(net of voids of £Nill
26,257
26.257
Investment incorne
2,933
2,933
Totsl
29,190
29,190
EXPENOITURE ON
Charitsble act4Vitle$
Almshouse Costs
16,789
16,789
Net gains on inve5trnents
19,229
19,229
NET INCOME
31.630
31,630
RECONaLIATION OF FUNDS
Total funds brought forward
214,878
435,0(
649,878
TOTAL FUNDS CARRIED FORWARD
246,508
435,(M))
681,508
TANGIBLE FIXED ASSETS
Freehold
property
C05T
At l July 2024 and 30 June 2025
435.￿0
NET BOOK VACUE
At 30 June 2025
435,Tr)O
At 30 JunE 2024
435,0(K)
The provisitsn of the Almshou5e5 Was established by the original Trust Deed and the trustees continue to ensure th4t they are occupied
by qualifying individua15 3nd that the houses are rnaintained in a good state of ￿paIr.
The Alm5house5 have not been revalued during the year. However. as explained in note 11, following the year end the Almshouses
were valued by a ch£rtered suryeyor. The market value of the Almshouses in July 2025 wès valued at £480.000.
The histOTlC Cost of the revalued properties Is rTrot known.
Page 7
continued...

FQTHERBY ALMSHOUSE CHARlnES
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30 JUNE 2025
FIXEDAS5ET INVESTMENTS
Investments
MARKEfvALUE
At I July 2024
Additions
Disposals
Revaluations
215,579
20,390
134,2741
12,556
At 30 June 2025
214,251
NET 800K VALUE
At 30June 2025
214,251
At 30June 2024
215,579
There were no investment assets Outslde the UK.
Cost or valuation at 30June 2025 is represented by".
Investments
Valuatior? in 2025
214,251
DE8TORS.. AMOUNTS FALUNG OVE WIThIN ONE YEAII
2025
2024
P￿paid e¥pense5
463
1,397
CREDITORS.. AMOUNT5 FALUNG DUE WITHIN ONE YEAR
2025
2024
Trade credltors
2,810
2.695
MOVEMENT IN FUNOS
Net
movement
in fund5
At
30.6.25
At 1.7.24
Unrestrlrted funds
General fund
246.508
22,430
268,938
Restricted fund5
Restritted fund
435,000
435.000
TOTAL FUNDS
681,508
22,430
703,938
Page 8
continued...

FOTHERBY ALMSHOUSE CHARITIES
NOTES TO THE FINANCIAL STATEMENTS- ¢ontinyed
FOR THE YEAR ENDEO 30 JUNE 2025
MOVEMENT IN FUNDS- ¢ontlnued
Net rnovement in funds, included in the above are 35 follows..
Incoming
resources
Resources
expended
Gains and
losses
Movement
in ILJnds
Unrestricted fund5
General fund
30,904
121,0301
12,556
22,430
TOTAL FUNDS
30.904
121,0301
12,556
22,430
Comparatives for movèment In fvnds
Net
movement
in funds
At
30.6.24
At 1.7.23
unrestricted funds
General fund
214.878
31,630
246,508
RÈstrided fynd5
Restricted fund
435,000
435,000
TOTAL FUNDS
649.878
31.630
681,508
Cofflparative net movernent in funds, included in the above are a5 follows..
Incoming
resources
Re50urce5
expended
Gains and
losses
Movement
in funds
Unrestrlcted funds
Gener81 fund
29,190
116,7891
19,229
31,630
TOTAL FUNDS
29,190
116,7891
19,229
31,630
A current year 12 monihs and prioryear 12 months combined p051tion is as follows..
Net
rnovement
in fund5
At
30.6.25
At 1.7.23
Unrestricted fvnds
General fund
214.878
54,060
268,938
Restricted funds
Restricted fund
435,CN)O
435,0
TOTAL FUNDS
649.878
54,060
703,938
Pigè 9
ontinued...

FOTHERBY ALMSHOUSE CHARITIES
NOTESTO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 30JVNE 2025
MOVEMENT IN FUNDS- ¢ontlnyed
A current year 12 month5 and prioryear 12 months combined net movement In funds, iniluded in the 3bovp are as follow5..
Incoming
re50tsrtes
ResourtÈs
expended
Gain5 and
1055es
MovernÈnt
in fund5
Unrestricted lunds
General fund
60.094
137,8191
31.785
54,060
TOTAL FUNDS
60,094
137,8191
31,785
54,060
Vnre5tricted fund5 are availablÈ to be usÈd for any purpose appropriate to the charity's charitable objertS.
Restricted funds may be usÈd for any purposes that are £onsistenr with thÈ objects of the donor, namely the accornmgdation and
support of older pÈoplÈ.
io.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
ii.
POST BALANCE SHEET EVENTS
Following the year end the Almshouses were valued by a chartered SUWÈVDr. The market value ol the Altnshou5es in July 2025 was
valued at £480,WO.
Page 10

FOTHERBY ALM5HQUSE CHARITIES
DETAILED STATEMENT OF FINANCIALAcfiviTIES
FOR THE YEAR ENOED 30 JVNE 2025
2025
2024
INCOME AND £NDOWMENT5
In¥estment Intome
Dividen(1s
3,106
2,933
Charitable activities
Contributlons receiv3ble
Servile Iharge receivable
14,628
13,170
IS,L17
11,140
27,798
26,257
Total InominK resour¢es
30,g04
29,190
EXPEN0￿uRE
Charltable a¢tfvltles
Gèrden maintenance
Repairs and maintenan
Rate5 and water
Insurance
4,328
2.341
1,616
862
535
1,582
4,168
1,647
1.592
1,452
928
434
1,263
5.691
Alarm system mon￿oring
15,732
13,(K>7
Support costs
Other
Clerk's salary and honorarium
Independent Èxaminer's fee5 Iintluding VATI
Sundries
Postage and stationery
Subscriptions
1,400
2,740
115
1,200
2,040
74
45
423
983
5,298
3.782
Total resources expended
21,030
16,789
Net income
9,874
12.401
Th15 Pa￿ does not form part of the statutory fin3ncial statements
Page 11